Real Estate Investment Properties for Sale in Grayling, MI

Looking for investment property in Grayling, MI with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
3139 Palmer Place Grayling, MI Nestled on a picturesque 3-acre corner lot, this peaceful retreat offers the perfect blend...	3 beds \| 2 baths \| 1,300 sq.ft.	$259,900	Airbnb cash on cash: 5.69% Traditional cash on cash: 6.06% Airbnb Rental Income: $2559 Traditional Rental Income: $2034 Airbnb ROI: 5.69% Traditional ROI: 6.06%
9950 Ski Hill Road Grayling, MI 274' on the Flies only AuSable North Branch, a blue-ribbon trout stream that is famous for...	3 beds \| 2 baths \| 1,735 sq.ft.	$425,000	Airbnb cash on cash: 2.62% Traditional cash on cash: 4.07% Airbnb Rental Income: $2559 Traditional Rental Income: $2523 Airbnb ROI: 2.62% Traditional ROI: 4.07%
713 E Michigan Avenue Grayling, MI This delightful 3-bedroom, 2-bathroom home is ideally situated on a corner lot in downtown...	3 beds \| 2 baths \| 1,528 sq.ft.	$179,000	Airbnb cash on cash: 8.95% Traditional cash on cash: 9.93% Airbnb Rental Income: $2559 Traditional Rental Income: $2110 Airbnb ROI: 8.95% Traditional ROI: 9.93%
6364 ATKINSON Road Grayling, MI Nice 3 bedroom, 1 bath Ranch. Wonderful home for first time buyers. Great neighbor. Open f...	3 beds \| 1 baths \| 1,102 sq.ft.	$165,000	Airbnb cash on cash: 9.79% Traditional cash on cash: 7.55% Airbnb Rental Income: $2559 Traditional Rental Income: $1591 Airbnb ROI: 9.79% Traditional ROI: 7.55%
9632 Elizabeth Street Grayling, MI Welcome to this charming chalet style home, perfectly located just one block from public a...	3 beds \| 1 baths \| 1,080 sq.ft.	$260,000	Airbnb cash on cash: 5.19% Traditional cash on cash: 3.78% Airbnb Rental Income: $2559 Traditional Rental Income: $1598 Airbnb ROI: 5.19% Traditional ROI: 3.78%
335 Red Tailed Hawk Loop Grayling, MI Cozy two-bedroom, one-bath home home features a new roof in 2022. New furnace, a/c unit an...	2 beds \| 1 baths \| 832 sq.ft.	$149,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.07% Airbnb Rental Income: $null Traditional Rental Income: $1342 Airbnb ROI: N/A Traditional ROI: 7.07%
607 Ogemaw Street Grayling, MI Recently updated, nicely kept 3-bedroom, 2 bath home near the vibrant downtown of the hist...	3 beds \| 2 baths \| 2,500 sq.ft.	$310,000	Airbnb cash on cash: 3.57% Traditional cash on cash: 5.9% Airbnb Rental Income: $2559 Traditional Rental Income: $2625 Airbnb ROI: 3.57% Traditional ROI: 5.9%
602 MAPLE ST Grayling, MI Invest with success and buy through Auction.com. This bank-owned investment property is a ...	N/A beds \| N/A baths \| N/A	$365,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.21% Airbnb Rental Income: $null Traditional Rental Income: $884 Airbnb ROI: N/A Traditional ROI: -0.21%
5477 AND 5466 PERSHING PLACE Grayling, MI This breathtaking property offers the perfect blend of rustic charm and modern comfort. Si...	3 beds \| 2 baths \| 990 sq.ft.	$860,000	Airbnb cash on cash: -0.22% Traditional cash on cash: -0.31% Airbnb Rental Income: $2559 Traditional Rental Income: $1869 Airbnb ROI: -0.22% Traditional ROI: -0.31%
505 Peninsular Avenue Grayling, MI This iconic 1920's home offers charm, space, comfort and location in the heart of the city...	3 beds \| 3 baths \| 4,448 sq.ft.	$275,000	Airbnb cash on cash: 4.62% Traditional cash on cash: 8.08% Airbnb Rental Income: $2559 Traditional Rental Income: $2841 Airbnb ROI: 4.62% Traditional ROI: 8.08%
1997 E M-72 Grayling, MI Walk out your back door and pick an apple off your very own apple tree. This 2 bedroom, 2 ...	2 beds \| 2 baths \| 1,042 sq.ft.	$140,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.11% Airbnb Rental Income: $null Traditional Rental Income: $1787 Airbnb ROI: N/A Traditional ROI: 10.11%
1323 McIntyres Landing Road Grayling, MI 30 yards from Lake Margrethe! Enjoy the lake without the waterfront taxes. The well kept, ...	3 beds \| 2 baths \| 1,655 sq.ft.	$296,000	Airbnb cash on cash: 4.8% Traditional cash on cash: 4.85% Airbnb Rental Income: $2559 Traditional Rental Income: $1956 Airbnb ROI: 4.8% Traditional ROI: 4.85%
5589 PERSHING PLACE Grayling, MI Nestled amidst the serene nature of the AuSable River lies another remarkable Royal Stag p...	4 beds \| 2 baths \| 1,176 sq.ft.	$830,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.14% Airbnb Rental Income: $null Traditional Rental Income: $2161 Airbnb ROI: N/A Traditional ROI: 0.14%
10725 Arrow Drive Grayling, MI This custom-built modern home features floor to ceiling widows throughout that not only fl...	3 beds \| 2 baths \| 1,500 sq.ft.	$550,000	Airbnb cash on cash: 1.07% Traditional cash on cash: 2.3% Airbnb Rental Income: $2559 Traditional Rental Income: $2573 Airbnb ROI: 1.07% Traditional ROI: 2.3%
6794 E County Rd 612 Grayling, MI	4 beds \| 2 baths \| 2,990 sq.ft.	$327,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.16% Airbnb Rental Income: $null Traditional Rental Income: $2512 Airbnb ROI: N/A Traditional ROI: 6.16%
1790 Ole Dam Road Grayling, MI This beautiful home was loved and cared for by the same family for almost 40 years! They ...	3 beds \| 2 baths \| 2,194 sq.ft.	$337,500	Airbnb cash on cash: 4.23% Traditional cash on cash: 5.87% Airbnb Rental Income: $2559 Traditional Rental Income: $2463 Airbnb ROI: 4.23% Traditional ROI: 5.87%
1811 Circle Grayling, MI A log home with 3 bedrooms and 3 baths, right on the Ausable River, offers both the charm ...	3 beds \| 3 baths \| 2,304 sq.ft.	$369,000	Airbnb cash on cash: 3.17% Traditional cash on cash: 6.1% Airbnb Rental Income: $2559 Traditional Rental Income: $2957 Airbnb ROI: 3.17% Traditional ROI: 6.1%
1385 E County Road 612 Grayling, MI Perfect spot to call home or upnorth cabin. This cute and cozy two bedroom home is ready f...	2 beds \| 1 baths \| 1,048 sq.ft.	$229,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.95% Airbnb Rental Income: $null Traditional Rental Income: $1505 Airbnb ROI: N/A Traditional ROI: 4.95%
15968 W M 72 Grayling, MI TWO HOMES!! Large, manufactured home with an attached, 2+ car garage and lean-to for stora...	5 beds \| 4 baths \| 2,280 sq.ft.	$299,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.48% Airbnb Rental Income: $null Traditional Rental Income: $3199 Airbnb ROI: N/A Traditional ROI: 8.48%
6688 Hawthorn Trail Grayling, MI This is also a Premier Partner vacation rental listed on VRBO (listing 846522) with many r...	2 beds \| 1 baths \| 1,050 sq.ft.	$380,000	Airbnb cash on cash: N/A Traditional cash on cash: 2% Airbnb Rental Income: $null Traditional Rental Income: $1442 Airbnb ROI: N/A Traditional ROI: 2%
2705 E M-72 Highway Grayling, MI Within miles to I-75 for easy travel and located off a year round well maintained road. Wi...	3 beds \| 2 baths \| 1,250 sq.ft.	$220,000	Airbnb cash on cash: 6.37% Traditional cash on cash: 6.49% Airbnb Rental Income: $2559 Traditional Rental Income: $1969 Airbnb ROI: 6.37% Traditional ROI: 6.49%
6598 Hanner Trail Grayling, MI WELL MAINTAINED VINYL SIDED HOME, 2 BEDROOM, 2 BATH, WITH ATTACHED 2-CAR GARAGE, ALL UNDER...	2 beds \| 2 baths \| 1,206 sq.ft.	$182,500	Airbnb cash on cash: N/A Traditional cash on cash: 7.93% Airbnb Rental Income: $null Traditional Rental Income: $1853 Airbnb ROI: N/A Traditional ROI: 7.93%
6470 Old Lake Road Road Grayling, MI Perfect starter home, just minutes away from downtown Grayling! This 2 bed, 1 bath home of...	2 beds \| 1 baths \| 864 sq.ft.	$138,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.67% Airbnb Rental Income: $null Traditional Rental Income: $1429 Airbnb ROI: N/A Traditional ROI: 8.67%

Real Estate investment in Grayling, MI

There are 23 properties for sale in the city of Grayling . The median list price in Grayling is $259,950 and the average price per square foot is $157. In November 2024, the average monthly cash on cash return in Grayling is 6.00%. The average monthly rental income in Grayling is $2,002.

Grayling, MI Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 23 investment properties available for sale in Grayling.

In 2024, the best neighborhood to buy investment property is Grayling.

The ROI for Long-Term is higher than the Short-Term in Grayling with average rental income of $2,002.

Your search for investment property begins and ends here

Investment Property for Sale in Grayling, MI

3139 Palmer Place

Grayling, MI

3 beds | 2 baths | 1,300 sq.ft.

$259,900

Airbnb cash on cash: 5.69%

Traditional cash on cash: 6.06%

Airbnb Rental Income: $2559

Traditional Rental Income: $2034

Airbnb ROI: 5.69%

Traditional ROI: 6.06%

9950 Ski Hill Road

Grayling, MI

3 beds | 2 baths | 1,735 sq.ft.

$425,000

Airbnb cash on cash: 2.62%

Traditional cash on cash: 4.07%

Airbnb Rental Income: $2559

Traditional Rental Income: $2523

Airbnb ROI: 2.62%

Traditional ROI: 4.07%

713 E Michigan Avenue

Grayling, MI

3 beds | 2 baths | 1,528 sq.ft.

$179,000

Airbnb cash on cash: 8.95%

Traditional cash on cash: 9.93%

Airbnb Rental Income: $2559

Traditional Rental Income: $2110

Airbnb ROI: 8.95%

Traditional ROI: 9.93%

6364 ATKINSON Road

Grayling, MI

3 beds | 1 baths | 1,102 sq.ft.

$165,000

Airbnb cash on cash: 9.79%

Traditional cash on cash: 7.55%

Airbnb Rental Income: $2559

Traditional Rental Income: $1591

Airbnb ROI: 9.79%

Traditional ROI: 7.55%

9632 Elizabeth Street

Grayling, MI

3 beds | 1 baths | 1,080 sq.ft.

$260,000

Airbnb cash on cash: 5.19%

Traditional cash on cash: 3.78%

Airbnb Rental Income: $2559

Traditional Rental Income: $1598

Airbnb ROI: 5.19%

Traditional ROI: 3.78%

335 Red Tailed Hawk Loop

Grayling, MI

2 beds | 1 baths | 832 sq.ft.

$149,900

Airbnb cash on cash: N/A

Traditional cash on cash: 7.07%

Airbnb Rental Income: $null

Traditional Rental Income: $1342

Airbnb ROI: N/A

Traditional ROI: 7.07%

607 Ogemaw Street

Grayling, MI

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

$310,000

Airbnb cash on cash: 3.57%

Traditional cash on cash: 5.9%

Airbnb Rental Income: $2559

Traditional Rental Income: $2625

Airbnb ROI: 3.57%

Traditional ROI: 5.9%

602 MAPLE ST

Grayling, MI

N/A beds | N/A baths | N/A

$365,000

Airbnb cash on cash: N/A

Traditional cash on cash: -0.21%

Airbnb Rental Income: $null

Traditional Rental Income: $884

Airbnb ROI: N/A