Real Estate Investment Properties for Sale in Lake City, MI
Looking for investment property in Lake City, MI with high ROI ?
Explore a variety of short-term homes & houses in Lake City, MI. Invest wisely with VRBO & Lake City, 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 Lake City, MI
| PROPERTY | DETAILS | SALE PRICE | INVESTMENT PERFORMANCE |
|---|---|---|---|
7504 W Dakota TrailLake City, MIEnjoy lakefront living on 110 ft. of private waterfront with sandy beach and shoreline on ... |
5 beds | 2 baths | 3,330 sq.ft. |
$594,900 |
Airbnb cash on cash: 5.86%
|
5980 W Lakeview DriveLake City, MIWelcome to the beautiful Lake City area! Take advantage of this three bedroom, one bath ra... |
3 beds | 1 baths | 1,035 sq.ft. |
$195,000 |
Airbnb cash on cash: -0.71%
|
861 N Green RoadLake City, MIWelcome to your dream home in the heart of Northern MI! This 4-bed, 4-bath home has been r... |
4 beds | 4 baths | 2,990 sq.ft. |
$874,000 |
Airbnb cash on cash: 2%
|
2121 E PHELPS ROADLake City, MICharming Country Home on Acreage! Escape to this peaceful rural setting home. This prop... |
3 beds | 2 baths | 1,346 sq.ft. |
$269,900 |
Airbnb cash on cash: -0.3%
|
1614 E Walker RoadLake City, MI40 wooded acres is the private setting for this 3 bedroom 2 bath home. 1/2 log house sidin... |
3 beds | 2 baths | 1,792 sq.ft. |
$340,000 |
Airbnb cash on cash: -0.69%
|
5851 E Houghton Lake RoadLake City, MI75 ACRES! Unique and Incredible opportunity that doesn't come along every day! 2 HOUSES an... |
2 beds | 1 baths | 1,196 sq.ft. |
$375,000 |
Airbnb cash on cash: 0.53%
|
1991 S Morey RoadLake City, MIThe iconic "Cobblestone Station" that welcomes you to the south end of Lake City offers a ... |
N/A beds | N/A baths | 2,151 sq.ft. |
$299,900 |
Airbnb cash on cash: 4.07%
|
6472 W Fairlane DriveLake City, MICharming 2 bed 2 bath log cottage within steps of the public park and boat launch of Lake ... |
2 beds | 2 baths | 1,326 sq.ft. |
$269,900 |
Airbnb cash on cash: 1.95%
|
4236 W Phelps RoadLake City, MIThis 4-bedroom, 2-bath ranch-style home is a true gem, set on 15 acres of versatile land, ... |
4 beds | 2 baths | 1,920 sq.ft. |
$324,900 |
Airbnb cash on cash: 7.28%
|
11061 W KellyLake City, MICharming Setting for this 3 Bedroom, 1 1/2 Bath home with 2 car detached garage with a sto... |
3 beds | 2 baths | 1,056 sq.ft. |
$189,900 |
Airbnb cash on cash: 0.36%
|
719 S Lakeshore DriveLake City, MIWelcome to this 3 bedroom, 1 bath home with a full basement that is mostly finished and de... |
3 beds | 1 baths | 1,825 sq.ft. |
$249,900 |
Airbnb cash on cash: -0.6%
|
6431 W Circle DriveLake City, MIWelcome to your perfect retreat! This 3-bedroom, 2-bath ranch sits proudly on a spacious c... |
3 beds | 2 baths | 1,428 sq.ft. |
$225,000 |
Airbnb cash on cash: -0.24%
|
501 S Lakeshore DriveLake City, MIWelcome to this charming well maintained 2 bedroom, 1.5 bath ranch home situated across fr... |
2 beds | 2 baths | 936 sq.ft. |
$189,900 |
Airbnb cash on cash: 4.18%
|
6755 W Northshore DriveLake City, MICharming ranch home with tons of potential on Lake Missaukee! Nestled on the largest lot o... |
2 beds | 2 baths | 1,380 sq.ft. |
$385,000 |
Airbnb cash on cash: 1.48%
|
416 Mitchell StreetLake City, MIModest 3 bedroom 1 bath home. Located in a great neighborhood just one block from the high... |
3 beds | 1 baths | 1,160 sq.ft. |
$124,900 |
Airbnb cash on cash: 0.57%
|
Real Estate investment in Lake-city, MI
There are 15 properties for sale in the city of Lake City . The median list price in Lake City is $217,500 and the average price per square foot is $131. In January 2025, the average monthly cash on cash return in Lake City is 8.00%. The average monthly rental income in Lake City is $2,049.