Real Estate Investment Properties for Sale in East Grand Rapids, MI

Looking for investment property in East Grand Rapids, MI with high ROI ?

Explore a variety of short-term homes & houses in East Grand Rapids, MI. Invest wisely with VRBO & East Grand Rapids, 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 East Grand Rapids, MI

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1417 Edgewood Avenue SE East Grand Rapids, MI Offers received. Open Houses are canceled. Beautifully Updated Brick Ranch. This stunning ...	3 beds \| 2 baths \| 2,192 sq.ft.	$539,900	Airbnb cash on cash: 1.47% Traditional cash on cash: 2.45% Airbnb Rental Income: $2837 Traditional Rental Income: $2668 Airbnb ROI: 1.47% Traditional ROI: 2.45%
2606 Lake Drive SE East Grand Rapids, MI Charming 1926 Brick Home with Modern Updates on Lake Dr. SE, East Grand Rapids. Discover t...	4 beds \| 3 baths \| 2,824 sq.ft.	$799,000	Airbnb cash on cash: 1.69% Traditional cash on cash: 1.47% Airbnb Rental Income: $4265 Traditional Rental Income: $3204 Airbnb ROI: 1.69% Traditional ROI: 1.47%
312 Rosewood Avenue SE East Grand Rapids, MI OPEN HOUSE Sunday 10/27, 1-3 pm. Looking for that rare opportunity to move into East Grand...	2 beds \| 1 baths \| 1,001 sq.ft.	$297,000	Airbnb cash on cash: 3.85% Traditional cash on cash: 1.72% Airbnb Rental Income: $2513 Traditional Rental Income: $1311 Airbnb ROI: 3.85% Traditional ROI: 1.72%
2115 Anderson Drive SE East Grand Rapids, MI Fully renovated home in East Grand Rapids! Brand new windows in the last two years. Large ...	3 beds \| 3 baths \| 1,722 sq.ft.	$525,000	Airbnb cash on cash: 1.52% Traditional cash on cash: 2.53% Airbnb Rental Income: $2837 Traditional Rental Income: $2674 Airbnb ROI: 1.52% Traditional ROI: 2.53%
3131 Lake Drive SE East Grand Rapids, MI Welcome to 3131 Lake Drive, a stunning property nestled on nearly 3/4 of an acre and on a ...	4 beds \| 3 baths \| 4,100 sq.ft.	$895,000	Airbnb cash on cash: 1.16% Traditional cash on cash: 0.48% Airbnb Rental Income: $4265 Traditional Rental Income: $2797 Airbnb ROI: 1.16% Traditional ROI: 0.48%
1526 Sherwood Avenue SE East Grand Rapids, MI This Mid Century Modern home has been updated throughout and radiates charm and sophistica...	3 beds \| 3 baths \| 1,720 sq.ft.	$449,900	Airbnb cash on cash: 2.29% Traditional cash on cash: 3.04% Airbnb Rental Income: $2837 Traditional Rental Income: $2491 Airbnb ROI: 2.29% Traditional ROI: 3.04%
1118 Eastwood Avenue SE East Grand Rapids, MI Experience the timeless allure of this charming Tudor home, perfectly situated in the hear...	3 beds \| 2 baths \| 1,534 sq.ft.	$549,000	Airbnb cash on cash: 1.4% Traditional cash on cash: 1.53% Airbnb Rental Income: $2837 Traditional Rental Income: $2241 Airbnb ROI: 1.4% Traditional ROI: 1.53%
815 Plymouth Avenue SE East Grand Rapids, MI This is a 1948 ranch reinvented for today's buyer. Ceilings have been vaulted, a garage t...	4 beds \| 4 baths \| 3,365 sq.ft.	$1,750,000	Airbnb cash on cash: -0.29% Traditional cash on cash: 0.01% Airbnb Rental Income: $4265 Traditional Rental Income: $3865 Airbnb ROI: -0.29% Traditional ROI: 0.01%
2714 Cascade Road SE East Grand Rapids, MI Beautifully updated ranch in desirable East Grand Rapids! This delightful home offers an o...	3 beds \| 2 baths \| 2,300 sq.ft.	$450,000	Airbnb cash on cash: 2.29% Traditional cash on cash: 3.05% Airbnb Rental Income: $2837 Traditional Rental Income: $2496 Airbnb ROI: 2.29% Traditional ROI: 3.05%
2607 Elmwood Drive SE East Grand Rapids, MI Seller to pay $7,000 towards buyer's points! This charming retreat in the heart of East Gr...	4 beds \| 4 baths \| 2,719 sq.ft.	$785,000	Airbnb cash on cash: 1.7% Traditional cash on cash: 1.91% Airbnb Rental Income: $4265 Traditional Rental Income: $3516 Airbnb ROI: 1.7% Traditional ROI: 1.91%
537 Greenwood Avenue SE #C East Grand Rapids, MI Welcome to East Grand Rapids, nestled between the serene Fisk and Reeds Lakes, this beauti...	2 beds \| 4 baths \| 2,040 sq.ft.	$380,000	Airbnb cash on cash: 0.3% Traditional cash on cash: 3.18% Airbnb Rental Income: $2513 Traditional Rental Income: $2933 Airbnb ROI: 0.3% Traditional ROI: 3.18%
2429 Gilmour Street SE East Grand Rapids, MI East Grand Rapids New Construction. Whitmore Custom Homes in collaboration with Visbeen Ar...	4 beds \| 4 baths \| 3,354 sq.ft.	$2,580,000	Airbnb cash on cash: 0% Traditional cash on cash: 0.15% Airbnb Rental Income: $4265 Traditional Rental Income: $3741 Airbnb ROI: 0% Traditional ROI: 0.15%
3021 Bonnell Avenue SE East Grand Rapids, MI Discover unparalleled elegance in this meticulously crafted home, nestled in one of East G...	4 beds \| 5 baths \| 5,625 sq.ft.	$1,975,000	Airbnb cash on cash: -0.34% Traditional cash on cash: 0.35% Airbnb Rental Income: $4265 Traditional Rental Income: $4628 Airbnb ROI: -0.34% Traditional ROI: 0.35%
3150 Manhattan Lane SE East Grand Rapids, MI Welcome to 3150 Manhattan Lane, nestled at the end of a quiet cul-de-sac on Reeds Lake in ...	4 beds \| 4 baths \| 4,376 sq.ft.	$3,300,000	Airbnb cash on cash: -2.4% Traditional cash on cash: -2.25% Airbnb Rental Income: $4265 Traditional Rental Income: $3833 Airbnb ROI: -2.4% Traditional ROI: -2.25%
2433 Gilmour Street SE East Grand Rapids, MI East Grand Rapids - Brand new and move in ready home featured by Whitmore Custom Homes. C...	4 beds \| 4 baths \| 3,124 sq.ft.	$1,328,000	Airbnb cash on cash: 1.22% Traditional cash on cash: 1.31% Airbnb Rental Income: $4265 Traditional Rental Income: $3478 Airbnb ROI: 1.22% Traditional ROI: 1.31%
2857 Pioneer Club Road SE East Grand Rapids, MI Prime location on the Reeds Lake walking loop. This custom built one owner home by Haisma ...	5 beds \| 4 baths \| 4,537 sq.ft.	$1,045,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.96% Airbnb Rental Income: $null Traditional Rental Income: $3714 Airbnb ROI: N/A Traditional ROI: 0.96%
835 Cambridge Drive SE East Grand Rapids, MI Welcome to this quiet, gorgeous, tree lined street where this classic 1924 home has been ...	4 beds \| 4 baths \| 3,727 sq.ft.	$1,595,000	Airbnb cash on cash: 0.3% Traditional cash on cash: 0.7% Airbnb Rental Income: $4265 Traditional Rental Income: $3954 Airbnb ROI: 0.3% Traditional ROI: 0.7%
674 Croswell Avenue SE East Grand Rapids, MI This charming 3-bedroom, 2.5-bathroom condo in the heart of Gaslight Village offers a wond...	3 beds \| 3 baths \| 2,052 sq.ft.	$735,000	Airbnb cash on cash: -0.44% Traditional cash on cash: 0.71% Airbnb Rental Income: $2837 Traditional Rental Income: $2962 Airbnb ROI: -0.44% Traditional ROI: 0.71%
314 ROSEWOOD AVENUE SE East Grand Rapids, MI Say hello to your forever home! Welcome to 314 Rosewood Ave SE, a stunning 4-bedroom, 2-ba...	4 beds \| 2 baths \| 2,188 sq.ft.	$569,900	Airbnb cash on cash: 3.62% Traditional cash on cash: 1.88% Airbnb Rental Income: $4265 Traditional Rental Income: $2437 Airbnb ROI: 3.62% Traditional ROI: 1.88%
2627 Berwyck Road SE East Grand Rapids, MI Introducing 2627 Berwyck Road, your gateway to the vibrant lifestyle offered by the covete...	5 beds \| 4 baths \| 2,944 sq.ft.	$845,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.38% Airbnb Rental Income: $null Traditional Rental Income: $3611 Airbnb ROI: N/A Traditional ROI: 2.38%
2916 Pioneer Club Road SE East Grand Rapids, MI This is the most affordable opportunity to be on Reeds Lake! In addition to the home, the...	5 beds \| 4 baths \| 4,179 sq.ft.	$2,088,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.12% Airbnb Rental Income: $null Traditional Rental Income: $4042 Airbnb ROI: N/A Traditional ROI: 0.12%
2359 Elinor Lane SE East Grand Rapids, MI Completed new construction in the award winning East Grand Rapids Schools with walkability...	4 beds \| 3 baths \| 2,384 sq.ft.	$1,140,000	Airbnb cash on cash: 1.92% Traditional cash on cash: 1.49% Airbnb Rental Income: $4265 Traditional Rental Income: $2903 Airbnb ROI: 1.92% Traditional ROI: 1.49%
2039 Wealthy Street SE East Grand Rapids, MI Enjoy all of the updates in this 3 bedroom, 1 full and 1 1/2 bath located on Wealthy with ...	3 beds \| 2 baths \| 1,648 sq.ft.	$475,000	Airbnb cash on cash: 2.44% Traditional cash on cash: 2.67% Airbnb Rental Income: $2837 Traditional Rental Income: $2278 Airbnb ROI: 2.44% Traditional ROI: 2.67%
557 Greenwood Avenue SE East Grand Rapids, MI Better than new construction. Quality finishes in this 2022 built, light-filled home in Ga...	3 beds \| 4 baths \| 3,345 sq.ft.	$1,950,000	Airbnb cash on cash: -1.47% Traditional cash on cash: -0.87% Airbnb Rental Income: $2837 Traditional Rental Income: $3255 Airbnb ROI: -1.47% Traditional ROI: -0.87%
920 San Lucia Drive SE East Grand Rapids, MI This classically designed East Grand Rapids home sits on a gorgeous 1.4 acre lot just a st...	4 beds \| 3 baths \| 5,933 sq.ft.	$1,790,000	Airbnb cash on cash: -0.4% Traditional cash on cash: -0.51% Airbnb Rental Income: $4265 Traditional Rental Income: $3170 Airbnb ROI: -0.4% Traditional ROI: -0.51%
2515 Indian Trail SE East Grand Rapids, MI This 1956 midcentury modern home sits on a picturesque lot with 104' of frontage on Reeds ...	5 beds \| 4 baths \| 4,732 sq.ft.	$2,990,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.83% Airbnb Rental Income: $null Traditional Rental Income: $3608 Airbnb ROI: N/A Traditional ROI: -0.83%
917 Princeton Boulevard SE East Grand Rapids, MI The backdrop is a view that captivates Reeds Lakes at its finest. The stately 4 stall, ce...	4 beds \| 5 baths \| 4,696 sq.ft.	$4,300,000	Airbnb cash on cash: -1.36% Traditional cash on cash: -1.23% Airbnb Rental Income: $4265 Traditional Rental Income: $3889 Airbnb ROI: -1.36% Traditional ROI: -1.23%
2860 Lake Drive SE East Grand Rapids, MI Stunning 3 bed 2 bath Brick Ranch in East Grand Rapids School District. This home boasts a...	3 beds \| 2 baths \| 2,002 sq.ft.	$469,900	Airbnb cash on cash: 2.36% Traditional cash on cash: 3.02% Airbnb Rental Income: $2837 Traditional Rental Income: $2468 Airbnb ROI: 2.36% Traditional ROI: 3.02%
500 Belvedere Drive SE East Grand Rapids, MI With a focus on warmth, harmony and balance, this architect's own residence is a testament...	4 beds \| 4 baths \| 3,869 sq.ft.	$1,995,000	Airbnb cash on cash: -0.01% Traditional cash on cash: 0.14% Airbnb Rental Income: $4265 Traditional Rental Income: $3638 Airbnb ROI: -0.01% Traditional ROI: 0.14%
2929 Bonnell Avenue SE East Grand Rapids, MI Extraordinary Reeds Lake estate on private 1.58-acre site located on one of the most prest...	4 beds \| 5 baths \| 7,974 sq.ft.	$6,600,000	Airbnb cash on cash: -2.3% Traditional cash on cash: -2.05% Airbnb Rental Income: $4265 Traditional Rental Income: $4875 Airbnb ROI: -2.3% Traditional ROI: -2.05%
1061 Monterey Drive SE East Grand Rapids, MI Welcome to 1061 Monterey Drive in East Grand Rapids! Location, location, location! Don't m...	4 beds \| 3 baths \| 3,736 sq.ft.	$1,345,000	Airbnb cash on cash: 0.42% Traditional cash on cash: 0.28% Airbnb Rental Income: $4265 Traditional Rental Income: $3189 Airbnb ROI: 0.42% Traditional ROI: 0.28%

Real Estate investment in East-grand-rapids, MI

There are 31 properties for sale in the city of East Grand Rapids . The median list price in East Grand Rapids is $1,045,000 and the average price per square foot is $318. In November 2024, the average monthly cash on cash return in East Grand Rapids is 1.00%. The average monthly rental income in East Grand Rapids is $3,204.

East-grand-rapids, MI Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 31 investment properties available for sale in East-grand-rapids.

In 2024, the best neighborhood to buy investment property is East Grand Rapids.

The ROI for Short-Term is higher than the Long-Term in East-grand-rapids with average rental income of $4,265.

Your search for investment property begins and ends here

Investment Property for Sale in East Grand Rapids, MI

1417 Edgewood Avenue SE

East Grand Rapids, MI

3 beds | 2 baths | 2,192 sq.ft.

$539,900

Airbnb cash on cash: 1.47%

Traditional cash on cash: 2.45%

Airbnb Rental Income: $2837

Traditional Rental Income: $2668

Airbnb ROI: 1.47%

Traditional ROI: 2.45%

2606 Lake Drive SE

East Grand Rapids, MI

4 beds | 3 baths | 2,824 sq.ft.

$799,000

Airbnb cash on cash: 1.69%

Traditional cash on cash: 1.47%

Airbnb Rental Income: $4265

Traditional Rental Income: $3204

Airbnb ROI: 1.69%

Traditional ROI: 1.47%

312 Rosewood Avenue SE

East Grand Rapids, MI

2 beds | 1 baths | 1,001 sq.ft.

$297,000

Airbnb cash on cash: 3.85%

Traditional cash on cash: 1.72%

Airbnb Rental Income: $2513

Traditional Rental Income: $1311

Airbnb ROI: 3.85%

Traditional ROI: 1.72%

2115 Anderson Drive SE

East Grand Rapids, MI

3 beds | 3 baths | 1,722 sq.ft.

$525,000

Airbnb cash on cash: 1.52%

Traditional cash on cash: 2.53%

Airbnb Rental Income: $2837

Traditional Rental Income: $2674

Airbnb ROI: 1.52%

Traditional ROI: 2.53%

3131 Lake Drive SE

East Grand Rapids, MI

4 beds | 3 baths | 4,100 sq.ft.

$895,000

Airbnb cash on cash: 1.16%

Traditional cash on cash: 0.48%

Airbnb Rental Income: $4265

Traditional Rental Income: $2797

Airbnb ROI: 1.16%

Traditional ROI: 0.48%

1526 Sherwood Avenue SE

East Grand Rapids, MI

3 beds | 3 baths | 1,720 sq.ft.

$449,900

Airbnb cash on cash: 2.29%

Traditional cash on cash: 3.04%

Airbnb Rental Income: $2837

Traditional Rental Income: $2491

Airbnb ROI: 2.29%

Traditional ROI: 3.04%

1118 Eastwood Avenue SE

East Grand Rapids, MI

3 beds | 2 baths | 1,534 sq.ft.

$549,000

Airbnb cash on cash: 1.4%

Traditional cash on cash: 1.53%

Airbnb Rental Income: $2837

Traditional Rental Income: $2241

Airbnb ROI: 1.4%

Traditional ROI: 1.53%

815 Plymouth Avenue SE

East Grand Rapids, MI

4 beds | 4 baths | 3,365 sq.ft.

$1,750,000

Airbnb cash on cash: -0.29%

Traditional cash on cash: 0.01%

Airbnb Rental Income: $4265

Traditional Rental Income: $3865

Airbnb ROI: -0.29%