Real Estate Investment Properties for Sale in Central Lake, MI

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
358 S Intermediate Lake Drive Central Lake, MI Intermediate Lake 9+ Acres *418 feet of private frontage! Welcome to this one-of-a-k...	5 beds \| 2 baths \| 2,103 sq.ft.	$1,890,000	Airbnb cash on cash: 0.26% Traditional cash on cash: 0.48% Airbnb Rental Income: $3228 Traditional Rental Income: $2883 Airbnb ROI: 0.26% Traditional ROI: 0.48%
2802 Coulter Creek Trl Central Lake, MI Located in Antrim County 2 miles from Torch Lake and 2 miles from Intermediate Lake and th...	3 beds \| 2 baths \| 1,400 sq.ft.	$479,900	Airbnb cash on cash: 3.24% Traditional cash on cash: 5.51% Airbnb Rental Income: $2767 Traditional Rental Income: $3134 Airbnb ROI: 3.24% Traditional ROI: 5.51%
2398 HERRICK Central Lake, MI This home wont last long - cute, clean, and well-maintained 3-bedroom, 2-bath home in the ...	3 beds \| 2 baths \| 1,350 sq.ft.	$190,000	Airbnb cash on cash: 9.35% Traditional cash on cash: 9.3% Airbnb Rental Income: $2767 Traditional Rental Income: $2107 Airbnb ROI: 9.35% Traditional ROI: 9.3%
2050 S MAIN Central Lake, MI Great home in the heart of Central Lake! Very much remodeled and move-in ready! Home featu...	3 beds \| 2 baths \| 1,600 sq.ft.	$189,900	Airbnb cash on cash: 9.79% Traditional cash on cash: 10.85% Airbnb Rental Income: $2767 Traditional Rental Income: $2309 Airbnb ROI: 9.79% Traditional ROI: 10.85%
2050 Main Street Central Lake, MI Great home in the heart of Central Lake! Very much remodeled and move-in ready! Home featu...	3 beds \| 2 baths \| 1,600 sq.ft.	$189,900	Airbnb cash on cash: 8.7% Traditional cash on cash: 10.29% Airbnb Rental Income: $2767 Traditional Rental Income: $2404 Airbnb ROI: 8.7% Traditional ROI: 10.29%
6632 Farrell Rd Central Lake, MI Nestled on 20 scenic, mostly wooded acres, this stunning 4-bedroom, 2-bath home is a true ...	4 beds \| 2 baths \| 2,352 sq.ft.	$489,000	Airbnb cash on cash: 4.96% Traditional cash on cash: 4.38% Airbnb Rental Income: $3924 Traditional Rental Income: $2812 Airbnb ROI: 4.96% Traditional ROI: 4.38%
7880 Grove Central Lake, MI Adorable year round bungalow home in amazing location just steps down to Intermediate Lake...	1 beds \| 1 baths \| 780 sq.ft.	$179,000	Airbnb cash on cash: 8.94% Traditional cash on cash: 6.42% Airbnb Rental Income: $2499 Traditional Rental Income: $1465 Airbnb ROI: 8.94% Traditional ROI: 6.42%

Real Estate investment in Central-lake, MI

There are 7 properties for sale in the city of Central Lake . The median list price in Central Lake is $190,000 and the average price per square foot is $119. In January 2025, the average monthly cash on cash return in Central Lake is 6.00%. The average monthly rental income in Central Lake is $2,404.

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

There are 7 investment properties available for sale in Central-lake.

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

The ROI for Short-Term is higher than the Long-Term in Central-lake with average rental income of $2,767.

Your search for investment property begins and ends here

Investment Property for Sale in Central Lake, MI

358 S Intermediate Lake Drive

Central Lake, MI

5 beds | 2 baths | 2,103 sq.ft.

$1,890,000

Airbnb cash on cash: 0.26%

Traditional cash on cash: 0.48%

Airbnb Rental Income: $3228

Traditional Rental Income: $2883

Airbnb ROI: 0.26%

Traditional ROI: 0.48%

2802 Coulter Creek Trl

Central Lake, MI

3 beds | 2 baths | 1,400 sq.ft.

$479,900

Airbnb cash on cash: 3.24%

Traditional cash on cash: 5.51%

Airbnb Rental Income: $2767

Traditional Rental Income: $3134

Airbnb ROI: 3.24%

Traditional ROI: 5.51%

2398 HERRICK

Central Lake, MI

3 beds | 2 baths | 1,350 sq.ft.

$190,000

Airbnb cash on cash: 9.35%

Traditional cash on cash: 9.3%

Airbnb Rental Income: $2767

Traditional Rental Income: $2107

Airbnb ROI: 9.35%

Traditional ROI: 9.3%

2050 S MAIN

Central Lake, MI

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

$189,900

Airbnb cash on cash: 9.79%

Traditional cash on cash: 10.85%

Airbnb Rental Income: $2767

Traditional Rental Income: $2309

Airbnb ROI: 9.79%

Traditional ROI: 10.85%

2050 Main Street

Central Lake, MI

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

$189,900

Airbnb cash on cash: 8.7%

Traditional cash on cash: 10.29%

Airbnb Rental Income: $2767

Traditional Rental Income: $2404

Airbnb ROI: 8.7%

Traditional ROI: 10.29%

6632 Farrell Rd

Central Lake, MI

4 beds | 2 baths | 2,352 sq.ft.

$489,000

Airbnb cash on cash: 4.96%

Traditional cash on cash: 4.38%

Airbnb Rental Income: $3924

Traditional Rental Income: $2812

Airbnb ROI: 4.96%

Traditional ROI: 4.38%

7880 Grove

Central Lake, MI

1 beds | 1 baths | 780 sq.ft.

$179,000

Airbnb cash on cash: 8.94%

Traditional cash on cash: 6.42%

Airbnb Rental Income: $2499

Traditional Rental Income: $1465

Airbnb ROI: 8.94%

Traditional ROI: 6.42%

Real Estate investment in Central-lake, MI

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

How many investment properties are available for sale in Central-lake?

Which neighborhoods in Central-lake to invest in 2025?

Long-Term vs. Short-Term Rentals in Central-lake, Michigan: Which will earn the best returns?

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