Real Estate Investment Properties for Sale in Bear Lake, MI

Looking for investment property in Bear Lake, MI with high ROI ?

Explore a variety of short-term homes & houses in Bear Lake, MI. Invest wisely with VRBO & Bear Lake, MI Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Bear Lake, MI

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
5859 Potter Road Bear Lake, MI SO MUCH HOME FOR THE MONEY! Priced to reflect 2024 appraisal. This newer custom ranch home...	4 beds \| 5 baths \| 7,374 sq.ft.	$1,450,000	Airbnb cash on cash: 0.48% Traditional cash on cash: 1.87% Airbnb Rental Income: $3625 Traditional Rental Income: $4704 Airbnb ROI: 0.48% Traditional ROI: 1.87%
12165 Tenth Street Bear Lake, MI This premier Bear Lake barndominium is waiting for you! Built in 2021 with high quality m...	2 beds \| 2 baths \| 1,108 sq.ft.	$549,900	Airbnb cash on cash: 0.34% Traditional cash on cash: 1.57% Airbnb Rental Income: $1875 Traditional Rental Income: $2006 Airbnb ROI: 0.34% Traditional ROI: 1.57%
9501 Chief Road Bear Lake, MI Nestled in the serene beauty of the countryside, this stunning bardominium offers the perf...	3 beds \| 2 baths \| 2,900 sq.ft.	$724,900	Airbnb cash on cash: 2.62% Traditional cash on cash: 1.4% Airbnb Rental Income: $4221 Traditional Rental Income: $2507 Airbnb ROI: 2.62% Traditional ROI: 1.4%
16640 Letteau Road Bear Lake, MI 4 generation Centennial Farm settled in the 1800's located just 3.5 miles E of LK Michigan...	2 beds \| 1 baths \| 1,500 sq.ft.	$389,000	Airbnb cash on cash: 0.99% Traditional cash on cash: 2.63% Airbnb Rental Income: $1875 Traditional Rental Income: $1972 Airbnb ROI: 0.99% Traditional ROI: 2.63%
7191 S Southshore Bear Lake, MI Looking to step back in Time with this fun trailer with an addition. Inside you feel like ...	2 beds \| 2 baths \| 900 sq.ft.	$149,900	Airbnb cash on cash: 7.23% Traditional cash on cash: 10.49% Airbnb Rental Income: $1875 Traditional Rental Income: $1841 Airbnb ROI: 7.23% Traditional ROI: 10.49%
8110 Ames Road Bear Lake, MI Imagine a charming old farmhouse that's undergone a stunning transformation while still re...	3 beds \| 2 baths \| 1,905 sq.ft.	$799,900	Airbnb cash on cash: 2.83% Traditional cash on cash: 1.41% Airbnb Rental Income: $4221 Traditional Rental Income: $2272 Airbnb ROI: 2.83% Traditional ROI: 1.41%
7494 S Shore Drive Bear Lake, MI Welcome to Bear Lake! After 80+ cherished years, this beloved family retreat is now ready ...	4 beds \| 2 baths \| 1,904 sq.ft.	$795,000	Airbnb cash on cash: 2.41% Traditional cash on cash: 2.1% Airbnb Rental Income: $3625 Traditional Rental Income: $2605 Airbnb ROI: 2.41% Traditional ROI: 2.1%
15049 Healy Lake Road Bear Lake, MI The Up North location you've been looking for! Bear Creek frontage, acreage, cabins, woods...	3 beds \| 1 baths \| 2,600 sq.ft.	$374,900	Airbnb cash on cash: 7.4% Traditional cash on cash: 3.54% Airbnb Rental Income: $4221 Traditional Rental Income: $1969 Airbnb ROI: 7.4% Traditional ROI: 3.54%
8671 13 mile Road Bear Lake, MI Dreaming of country living while also enjoying the conveniences of restaurants, stores, an...	3 beds \| 2 baths \| 2,040 sq.ft.	$389,000	Airbnb cash on cash: 7.45% Traditional cash on cash: 5.28% Airbnb Rental Income: $4221 Traditional Rental Income: $2536 Airbnb ROI: 7.45% Traditional ROI: 5.28%
13305 Lakeside Avenue Bear Lake, MI If you're looking to enjoy 140 feet of beautiful sandy Bear Lake beach frontage with all y...	3 beds \| 3 baths \| 1,516 sq.ft.	$825,000	Airbnb cash on cash: 2.55% Traditional cash on cash: 1.8% Airbnb Rental Income: $4221 Traditional Rental Income: $2750 Airbnb ROI: 2.55% Traditional ROI: 1.8%

Real Estate investment in Bear-lake, MI

There are 10 properties for sale in the city of Bear Lake . The median list price in Bear Lake is $389,000 and the average price per square foot is $182. In January 2025, the average monthly cash on cash return in Bear Lake is 3.00%. The average monthly rental income in Bear Lake is $2,006.

Bear-lake, MI Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 10 investment properties available for sale in Bear-lake.

In 2025, the best neighborhood to buy investment property is Bear Lake.

The ROI for Short-Term is higher than the Long-Term in Bear-lake with average rental income of $4,221.

Your search for investment property begins and ends here

Investment Property for Sale in Bear Lake, MI

5859 Potter Road

Bear Lake, MI

4 beds | 5 baths | 7,374 sq.ft.

$1,450,000

Airbnb cash on cash: 0.48%

Traditional cash on cash: 1.87%

Airbnb Rental Income: $3625

Traditional Rental Income: $4704

Airbnb ROI: 0.48%

Traditional ROI: 1.87%

12165 Tenth Street

Bear Lake, MI

2 beds | 2 baths | 1,108 sq.ft.

$549,900

Airbnb cash on cash: 0.34%

Traditional cash on cash: 1.57%

Airbnb Rental Income: $1875

Traditional Rental Income: $2006

Airbnb ROI: 0.34%

Traditional ROI: 1.57%

9501 Chief Road

Bear Lake, MI

3 beds | 2 baths | 2,900 sq.ft.

$724,900

Airbnb cash on cash: 2.62%

Traditional cash on cash: 1.4%

Airbnb Rental Income: $4221

Traditional Rental Income: $2507

Airbnb ROI: 2.62%

Traditional ROI: 1.4%

16640 Letteau Road

Bear Lake, MI

2 beds | 1 baths | 1,500 sq.ft.

$389,000

Airbnb cash on cash: 0.99%

Traditional cash on cash: 2.63%

Airbnb Rental Income: $1875

Traditional Rental Income: $1972

Airbnb ROI: 0.99%

Traditional ROI: 2.63%

7191 S Southshore

Bear Lake, MI

2 beds | 2 baths | 900 sq.ft.

$149,900

Airbnb cash on cash: 7.23%

Traditional cash on cash: 10.49%

Airbnb Rental Income: $1875

Traditional Rental Income: $1841

Airbnb ROI: 7.23%

Traditional ROI: 10.49%

8110 Ames Road

Bear Lake, MI

3 beds | 2 baths | 1,905 sq.ft.

$799,900

Airbnb cash on cash: 2.83%

Traditional cash on cash: 1.41%

Airbnb Rental Income: $4221

Traditional Rental Income: $2272

Airbnb ROI: 2.83%

Traditional ROI: 1.41%

7494 S Shore Drive

Bear Lake, MI

4 beds | 2 baths | 1,904 sq.ft.

$795,000

Airbnb cash on cash: 2.41%

Traditional cash on cash: 2.1%

Airbnb Rental Income: $3625

Traditional Rental Income: $2605

Airbnb ROI: 2.41%

Traditional ROI: 2.1%

15049 Healy Lake Road

Bear Lake, MI

3 beds | 1 baths | 2,600 sq.ft.

$374,900

Airbnb cash on cash: 7.4%

Traditional cash on cash: 3.54%

Airbnb Rental Income: $4221

Traditional Rental Income: $1969

Airbnb ROI: 7.4%