Real Estate Investment Properties for Sale in Lake, MI

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
8200 Ludington Drive Lake, MI Location location! This commercial/residential combo is set up on the busiest corner in th...	2 beds \| 1 baths \| 1,000 sq.ft.	$200,000	Airbnb cash on cash: 5.87% Traditional cash on cash: 5.72% Airbnb Rental Income: $2064 Traditional Rental Income: $1504 Airbnb ROI: 5.87% Traditional ROI: 5.72%
11147 N Shore Lake, MI Retreat to this home on shoreline of 8 Point Lake, located in prestigious Silver Beach Sh...	5 beds \| 4 baths \| 2,636 sq.ft.	$425,000	Airbnb cash on cash: 9.82% Traditional cash on cash: 6.06% Airbnb Rental Income: $6240 Traditional Rental Income: $3512 Airbnb ROI: 9.82% Traditional ROI: 6.06%
1249 N CROOKED LAKE Drive Lake, MI Welcome to your new vacation spot on beautiful Crooked Lake! Unique waterfront property wi...	3 beds \| 1 baths \| 3,164 sq.ft.	$799,000	Airbnb cash on cash: 1.84% Traditional cash on cash: 1.21% Airbnb Rental Income: $3629 Traditional Rental Income: $2364 Airbnb ROI: 1.84% Traditional ROI: 1.21%
9795 Lake Station Avenue Lake, MI Price improvement on this opportunity to live and/or work in a Pure Michigan lakeside comm...	2 beds \| 2 baths \| 2,000 sq.ft.	$435,000	Airbnb cash on cash: 1.74% Traditional cash on cash: 4.35% Airbnb Rental Income: $2064 Traditional Rental Income: $2592 Airbnb ROI: 1.74% Traditional ROI: 4.35%
9960 Partridge Lake, MI Come to one of Clare County's largest lake, fantastic view of the length of the lake, enj...	3 beds \| 3 baths \| 1,420 sq.ft.	$610,000	Airbnb cash on cash: 2.29% Traditional cash on cash: 2.24% Airbnb Rental Income: $3629 Traditional Rental Income: $2811 Airbnb ROI: 2.29% Traditional ROI: 2.24%
8840 Ludington Lake, MI Discover your dream home in this 2 bedroom 1 bath ranch that sits on just under 1 acre off...	2 beds \| 1 baths \| 1,050 sq.ft.	$144,000	Airbnb cash on cash: 8.86% Traditional cash on cash: 9.78% Airbnb Rental Income: $2064 Traditional Rental Income: $1657 Airbnb ROI: 8.86% Traditional ROI: 9.78%
9715 Cadillac Lake, MI MOTIVATED SELLERS!! Open floor plan, large rooms, and ADA accessible space make this nearl...	4 beds \| 2 baths \| 2,560 sq.ft.	$339,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.78% Airbnb Rental Income: $null Traditional Rental Income: $2746 Airbnb ROI: N/A Traditional ROI: 5.78%
4355 Birch Street Lake, MI Welcome to your dream getaway! Nestled on the serene shores of Littlefield All-Sports Lake...	2 beds \| 1 baths \| 870 sq.ft.	$140,000	Airbnb cash on cash: 8.2% Traditional cash on cash: 9.69% Airbnb Rental Income: $2064 Traditional Rental Income: $1731 Airbnb ROI: 8.2% Traditional ROI: 9.69%
8981 Alley Street Lake, MI CUTE AND FUNCTIONAL ON THE OUTSIDE, ADORABLE AND RUSTIC ON THE INSIDE! KNOTTY PINE INTERIO...	2 beds \| 1 baths \| 825 sq.ft.	$150,000	Airbnb cash on cash: 8.21% Traditional cash on cash: 10% Airbnb Rental Income: $2064 Traditional Rental Income: $1788 Airbnb ROI: 8.21% Traditional ROI: 10%
10575 South Shore Drive Lake, MI Eight Point Lake Resort, LLC - 9.56 Acres A unique property that includes 4 separate parce...	3 beds \| 2 baths \| 1,560 sq.ft.	$699,000	Airbnb cash on cash: 2.19% Traditional cash on cash: 2.07% Airbnb Rental Income: $3629 Traditional Rental Income: $2761 Airbnb ROI: 2.19% Traditional ROI: 2.07%
3450 Pinehurst Drive Lake, MI Welcome to your dream retreat! This charming single-family home, nestled within the Lake ...	2 beds \| 2 baths \| 1,160 sq.ft.	$181,900	Airbnb cash on cash: 6.37% Traditional cash on cash: 8.51% Airbnb Rental Income: $2064 Traditional Rental Income: $1901 Airbnb ROI: 6.37% Traditional ROI: 8.51%
1341 N Crooked Lake Drive Lake, MI First Buyers loss can be Your Gain! This gorgeous home exudes class, charm, functionality,...	2 beds \| 2 baths \| 1,174 sq.ft.	$324,900	Airbnb cash on cash: 3.61% Traditional cash on cash: 5.94% Airbnb Rental Income: $2064 Traditional Rental Income: $2243 Airbnb ROI: 3.61% Traditional ROI: 5.94%
6375 JOANNE Street Lake, MI A little slice of heaven awaits! Nestled on a picturesque 15.5 acres alongside the serene...	2 beds \| 2 baths \| 1,676 sq.ft.	$274,900	Airbnb cash on cash: 3.43% Traditional cash on cash: 7.58% Airbnb Rental Income: $2064 Traditional Rental Income: $2605 Airbnb ROI: 3.43% Traditional ROI: 7.58%
6655 Cedarhurst Lake, MI This inviting 3-bedroom, 2-bath home includes a cozy fireplace and a full basement, along ...	3 beds \| 2 baths \| 1,700 sq.ft.	$269,000	Airbnb cash on cash: 8.11% Traditional cash on cash: 7.31% Airbnb Rental Income: $3629 Traditional Rental Income: $2632 Airbnb ROI: 8.11% Traditional ROI: 7.31%

Real Estate investment in Lake, MI

There are 15 properties for sale in the city of Lake . The median list price in Lake is $178,400 and the average price per square foot is $131. In November 2024, the average monthly cash on cash return in Lake is 9.00%. The average monthly rental income in Lake is $2,155.

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

There are 15 investment properties available for sale in Lake.

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

The ROI for Long-Term is higher than the Short-Term in Lake with average rental income of $2,155.

Your search for investment property begins and ends here

Investment Property for Sale in Lake, MI

8200 Ludington Drive

Lake, MI

2 beds | 1 baths | 1,000 sq.ft.

$200,000

Airbnb cash on cash: 5.87%

Traditional cash on cash: 5.72%

Airbnb Rental Income: $2064

Traditional Rental Income: $1504

Airbnb ROI: 5.87%

Traditional ROI: 5.72%

11147 N Shore

Lake, MI

5 beds | 4 baths | 2,636 sq.ft.

$425,000

Airbnb cash on cash: 9.82%

Traditional cash on cash: 6.06%

Airbnb Rental Income: $6240

Traditional Rental Income: $3512

Airbnb ROI: 9.82%

Traditional ROI: 6.06%

1249 N CROOKED LAKE Drive

Lake, MI

3 beds | 1 baths | 3,164 sq.ft.

$799,000

Airbnb cash on cash: 1.84%

Traditional cash on cash: 1.21%

Airbnb Rental Income: $3629

Traditional Rental Income: $2364

Airbnb ROI: 1.84%

Traditional ROI: 1.21%

9795 Lake Station Avenue

Lake, MI

2 beds | 2 baths | 2,000 sq.ft.

$435,000

Airbnb cash on cash: 1.74%

Traditional cash on cash: 4.35%

Airbnb Rental Income: $2064

Traditional Rental Income: $2592

Airbnb ROI: 1.74%

Traditional ROI: 4.35%

9960 Partridge

Lake, MI

3 beds | 3 baths | 1,420 sq.ft.

$610,000

Airbnb cash on cash: 2.29%

Traditional cash on cash: 2.24%

Airbnb Rental Income: $3629

Traditional Rental Income: $2811

Airbnb ROI: 2.29%

Traditional ROI: 2.24%

8840 Ludington

Lake, MI

2 beds | 1 baths | 1,050 sq.ft.

$144,000

Airbnb cash on cash: 8.86%

Traditional cash on cash: 9.78%

Airbnb Rental Income: $2064

Traditional Rental Income: $1657

Airbnb ROI: 8.86%

Traditional ROI: 9.78%

9715 Cadillac

Lake, MI

4 beds | 2 baths | 2,560 sq.ft.

$339,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.78%

Airbnb Rental Income: $null

Traditional Rental Income: $2746

Airbnb ROI: N/A

Traditional ROI: 5.78%

4355 Birch Street

Lake, MI

2 beds | 1 baths | 870 sq.ft.

$140,000

Airbnb cash on cash: 8.2%

Traditional cash on cash: 9.69%

Airbnb Rental Income: $2064

Traditional Rental Income: $1731

Airbnb ROI: 8.2%