Real Estate Investment Properties for Sale in Canadian Lakes, MI

Looking for investment property in Canadian Lakes, MI with high ROI ?

Explore a variety of short-term homes & houses in Canadian Lakes, MI. Invest wisely with VRBO & Canadian Lakes, 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 Canadian Lakes, MI

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
12290 San Rafael Court Canadian Lakes, MI Move-in ready 3-bedroom, 2-bath ranch nestled in the peaceful hills of Lost Canyon. This h...	3 beds \| 2 baths \| 1,744 sq.ft.	$359,000	Airbnb cash on cash: 5.21% Traditional cash on cash: 5.22% Airbnb Rental Income: $3175 Traditional Rental Income: $2459 Airbnb ROI: 5.21% Traditional ROI: 5.22%
7914 Schooner Lane Canadian Lakes, MI Beautifully updated home in the Sunset Shores 55+ community located within Canadian Lakes!...	3 beds \| 2 baths \| 1,858 sq.ft.	$170,000	Airbnb cash on cash: 8.62% Traditional cash on cash: 8.86% Airbnb Rental Income: $3175 Traditional Rental Income: $2495 Airbnb ROI: 8.62% Traditional ROI: 8.86%
8360 Arlene Avenue Canadian Lakes, MI Have you been searching for the perfect home in the sought after Canadian Lakes associatio...	2 beds \| 2 baths \| 1,742 sq.ft.	$335,000	Airbnb cash on cash: 3.17% Traditional cash on cash: 4.19% Airbnb Rental Income: $2565 Traditional Rental Income: $2268 Airbnb ROI: 3.17% Traditional ROI: 4.19%
11609 Twelfth Street Canadian Lakes, MI This stunning property offers 3 spacious bedrooms, 3 modern bathrooms, and an attached gar...	3 beds \| 3 baths \| 1,988 sq.ft.	$279,900	Airbnb cash on cash: 6.73% Traditional cash on cash: 8.1% Airbnb Rental Income: $3175 Traditional Rental Income: $2820 Airbnb ROI: 6.73% Traditional ROI: 8.1%
6831 White Pine Drive Canadian Lakes, MI Hard to find ranch style home nestled the high demand Royal South subdivision in Canadian ...	3 beds \| 2 baths \| 2,867 sq.ft.	$374,900	Airbnb cash on cash: 4.75% Traditional cash on cash: 5.01% Airbnb Rental Income: $3175 Traditional Rental Income: $2549 Airbnb ROI: 4.75% Traditional ROI: 5.01%
9600 Aberdeen Court Canadian Lakes, MI Located on the 18th hole of the prestigious St. Ives Golf Course in Canadian Lakes, this s...	3 beds \| 3 baths \| 2,432 sq.ft.	$535,000	Airbnb cash on cash: 2.41% Traditional cash on cash: 3.03% Airbnb Rental Income: $3175 Traditional Rental Income: $2765 Airbnb ROI: 2.41% Traditional ROI: 3.03%
7808 W Royal Canadian Lakes, MI This is a must-see cozy cottage, located in Canadian Lakes with dock access to the Main Ca...	3 beds \| 1 baths \| 1,122 sq.ft.	$249,900	Airbnb cash on cash: 7.75% Traditional cash on cash: 4.08% Airbnb Rental Income: $3175 Traditional Rental Income: $1592 Airbnb ROI: 7.75% Traditional ROI: 4.08%
8365 White Tail Lane Canadian Lakes, MI Look no further, you have found the perfect country setting in the coveted community of Ca...	4 beds \| 2 baths \| 2,392 sq.ft.	$269,900	Airbnb cash on cash: 8.98% Traditional cash on cash: 7.21% Airbnb Rental Income: $3705 Traditional Rental Income: $2450 Airbnb ROI: 8.98% Traditional ROI: 7.21%
6797 Beechnut Court Canadian Lakes, MI Welcome to the 18th hole of the Royal golf course. Enjoy a secluded, private location on ...	3 beds \| 3 baths \| 2,320 sq.ft.	$345,000	Airbnb cash on cash: 4.82% Traditional cash on cash: 5.64% Airbnb Rental Income: $3175 Traditional Rental Income: $2724 Airbnb ROI: 4.82% Traditional ROI: 5.64%
9846 Center Lane Canadian Lakes, MI Discover the epitome of tranquility with this charming ranch-style home, gracefully positi...	3 beds \| 2 baths \| 1,064 sq.ft.	$226,000	Airbnb cash on cash: 8.44% Traditional cash on cash: 5.54% Airbnb Rental Income: $3175 Traditional Rental Income: $1838 Airbnb ROI: 8.44% Traditional ROI: 5.54%
11638 Pierce Road Canadian Lakes, MI Located on a spacious lot in beautiful Canadian Lakes, MI, this thoughtfully designed 3-be...	3 beds \| 2 baths \| 2,454 sq.ft.	$289,900	Airbnb cash on cash: 6.02% Traditional cash on cash: 6.16% Airbnb Rental Income: $3175 Traditional Rental Income: $2494 Airbnb ROI: 6.02% Traditional ROI: 6.16%
8240 W Royal Road Canadian Lakes, MI Nestled in the heart of the picturesque Canadian Lakes community, this newly built custom ...	4 beds \| 3 baths \| 2,750 sq.ft.	$875,000	Airbnb cash on cash: 0.58% Traditional cash on cash: 0.66% Airbnb Rental Income: $3705 Traditional Rental Income: $2967 Airbnb ROI: 0.58% Traditional ROI: 0.66%
6825 Cherry Court Canadian Lakes, MI Your wooded sanctuary awaits! Escape to this stunning, newly built (2023!) home on a seclu...	3 beds \| 2 baths \| 1,547 sq.ft.	$399,900	Airbnb cash on cash: 3.7% Traditional cash on cash: 3.04% Airbnb Rental Income: $3175 Traditional Rental Income: $2211 Airbnb ROI: 3.7% Traditional ROI: 3.04%
10165 Lost Canyon Drive Canadian Lakes, MI Nestled in the tranquil North End of Canadian Lakes, this charming home is a hidden gem wi...	4 beds \| 2 baths \| 1,836 sq.ft.	$249,000	Airbnb cash on cash: 9.46% Traditional cash on cash: 7.35% Airbnb Rental Income: $3705 Traditional Rental Income: $2403 Airbnb ROI: 9.46% Traditional ROI: 7.35%
7695 Bay Meadow Canadian Lakes, MI Incredible Main Canadian Lakes waterfront home. One of the premier settings on this HIGH ...	5 beds \| 3 baths \| 2,052 sq.ft.	$629,000	Airbnb cash on cash: 3.55% Traditional cash on cash: 3.19% Airbnb Rental Income: $3970 Traditional Rental Income: $2910 Airbnb ROI: 3.55% Traditional ROI: 3.19%
9444 Sunset Court Canadian Lakes, MI Welcome to 9444 Sunset Court, a meticulously maintained gem nestled in the serene Royal So...	3 beds \| 3 baths \| 1,855 sq.ft.	$315,000	Airbnb cash on cash: 6.12% Traditional cash on cash: 6.44% Airbnb Rental Income: $3175 Traditional Rental Income: $2552 Airbnb ROI: 6.12% Traditional ROI: 6.44%
10849 First Street Canadian Lakes, MI Location, location, location! This total rebuild at 10849 First St. in Canadian lakes has...	4 beds \| 3 baths \| 2,330 sq.ft.	$999,875	Airbnb cash on cash: 1.38% Traditional cash on cash: 1.35% Airbnb Rental Income: $3705 Traditional Rental Income: $2865 Airbnb ROI: 1.38% Traditional ROI: 1.35%
9348 Center Lane Canadian Lakes, MI Ranch home in Canadian Lakes. Great price for this well kept home in the woods. Located i...	4 beds \| 4 baths \| 2,594 sq.ft.	$249,900	Airbnb cash on cash: 9.98% Traditional cash on cash: 11.82% Airbnb Rental Income: $3705 Traditional Rental Income: $3334 Airbnb ROI: 9.98% Traditional ROI: 11.82%
6349 Kilkenny Drive Canadian Lakes, MI Welcome home to this recently completed bardominium style home - sitting on a serene acre ...	3 beds \| 2 baths \| 1,920 sq.ft.	$365,000	Airbnb cash on cash: 4.79% Traditional cash on cash: 5.31% Airbnb Rental Income: $3175 Traditional Rental Income: $2637 Airbnb ROI: 4.79% Traditional ROI: 5.31%
12459 Pine Mesa Drive Canadian Lakes, MI Nestled in the picturesque rolling hills and stunning hardwoods of Canadian Lakes, this ch...	2 beds \| 2 baths \| 1,296 sq.ft.	$269,000	Airbnb cash on cash: 4.42% Traditional cash on cash: 4.91% Airbnb Rental Income: $2565 Traditional Rental Income: $2072 Airbnb ROI: 4.42% Traditional ROI: 4.91%
7701 River Ridge Road Canadian Lakes, MI This is a great opportunity to own a 3-bedroom, 2-bathroom home in Canadian Lakes! With a ...	3 beds \| 2 baths \| 1,540 sq.ft.	$269,900	Airbnb cash on cash: 7.53% Traditional cash on cash: 6.67% Airbnb Rental Income: $3175 Traditional Rental Income: $2237 Airbnb ROI: 7.53% Traditional ROI: 6.67%

Real Estate investment in Canadian-lakes, MI

There are 22 properties for sale in the city of Canadian Lakes . The median list price in Canadian Lakes is $315,000 and the average price per square foot is $150. In January 2025, the average monthly cash on cash return in Canadian Lakes is 5.00%. The average monthly rental income in Canadian Lakes is $2,495.

Canadian-lakes, MI Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 22 investment properties available for sale in Canadian-lakes.

In 2025, the best neighborhood to buy investment property is Canadian Lakes.

The ROI for Short-Term is higher than the Long-Term in Canadian-lakes with average rental income of $3,175.

Your search for investment property begins and ends here

Investment Property for Sale in Canadian Lakes, MI

12290 San Rafael Court

Canadian Lakes, MI

3 beds | 2 baths | 1,744 sq.ft.

$359,000

Airbnb cash on cash: 5.21%

Traditional cash on cash: 5.22%

Airbnb Rental Income: $3175

Traditional Rental Income: $2459

Airbnb ROI: 5.21%

Traditional ROI: 5.22%

7914 Schooner Lane

Canadian Lakes, MI

3 beds | 2 baths | 1,858 sq.ft.

$170,000

Airbnb cash on cash: 8.62%

Traditional cash on cash: 8.86%

Airbnb Rental Income: $3175

Traditional Rental Income: $2495

Airbnb ROI: 8.62%

Traditional ROI: 8.86%

8360 Arlene Avenue

Canadian Lakes, MI

2 beds | 2 baths | 1,742 sq.ft.

$335,000

Airbnb cash on cash: 3.17%

Traditional cash on cash: 4.19%

Airbnb Rental Income: $2565

Traditional Rental Income: $2268

Airbnb ROI: 3.17%

Traditional ROI: 4.19%

11609 Twelfth Street

Canadian Lakes, MI

3 beds | 3 baths | 1,988 sq.ft.

$279,900

Airbnb cash on cash: 6.73%

Traditional cash on cash: 8.1%

Airbnb Rental Income: $3175

Traditional Rental Income: $2820

Airbnb ROI: 6.73%

Traditional ROI: 8.1%

6831 White Pine Drive

Canadian Lakes, MI

3 beds | 2 baths | 2,867 sq.ft.

$374,900

Airbnb cash on cash: 4.75%

Traditional cash on cash: 5.01%

Airbnb Rental Income: $3175

Traditional Rental Income: $2549

Airbnb ROI: 4.75%

Traditional ROI: 5.01%

9600 Aberdeen Court

Canadian Lakes, MI

3 beds | 3 baths | 2,432 sq.ft.

$535,000

Airbnb cash on cash: 2.41%

Traditional cash on cash: 3.03%

Airbnb Rental Income: $3175

Traditional Rental Income: $2765

Airbnb ROI: 2.41%

Traditional ROI: 3.03%

7808 W Royal

Canadian Lakes, MI

3 beds | 1 baths | 1,122 sq.ft.

$249,900

Airbnb cash on cash: 7.75%

Traditional cash on cash: 4.08%

Airbnb Rental Income: $3175

Traditional Rental Income: $1592

Airbnb ROI: 7.75%

Traditional ROI: 4.08%

8365 White Tail Lane

Canadian Lakes, MI

4 beds | 2 baths | 2,392 sq.ft.

$269,900

Airbnb cash on cash: 8.98%

Traditional cash on cash: 7.21%

Airbnb Rental Income: $3705

Traditional Rental Income: $2450

Airbnb ROI: 8.98%