Real Estate Investment Properties for Sale in Mancelona, MI

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
6519 Schuss Mountain Lane Mancelona, MI Welcome to an exceptional retreat at Schuss Mountain! This rare slope-side corner unit has...	2 beds \| 2 baths \| 850 sq.ft.	$274,900	Airbnb cash on cash: 3.32% Traditional cash on cash: 4.29% Airbnb Rental Income: $1792 Traditional Rental Income: $1557 Airbnb ROI: 3.32% Traditional ROI: 4.29%
2050 W SCHUSS MOUNTAIN DRIVE Mancelona, MI Vista Del Verde #4 is a peaceful corner condo that overlooks the Schuss Golf Course & ski ...	2 beds \| 2 baths \| 931 sq.ft.	$279,000	Airbnb cash on cash: 2.09% Traditional cash on cash: 3.47% Airbnb Rental Income: $1792 Traditional Rental Income: $1668 Airbnb ROI: 2.09% Traditional ROI: 3.47%
306 W State Street Mancelona, MI MOVE IN READY! This in-town Mancelona home has been updated in so many ways but it has kep...	3 beds \| 1 baths \| 1,557 sq.ft.	$189,000	Airbnb cash on cash: 8.01% Traditional cash on cash: 9.05% Airbnb Rental Income: $2456 Traditional Rental Income: $2045 Airbnb ROI: 8.01% Traditional ROI: 9.05%
6163 CEDAR RIVER ROAD Mancelona, MI Designed by a museum exhibit architect, this timber frame cottage stands among the trees i...	1 beds \| 2 baths \| 1,000 sq.ft.	$329,000	Airbnb cash on cash: 2.25% Traditional cash on cash: 5.27% Airbnb Rental Income: $1699 Traditional Rental Income: $2160 Airbnb ROI: 2.25% Traditional ROI: 5.27%
8102 Fairway Hollow Drive Mancelona, MI Welcome to 8102 Fairway Hollow where you will find this affordable BOCA construction home....	3 beds \| 2 baths \| 1,104 sq.ft.	$189,000	Airbnb cash on cash: 8.06% Traditional cash on cash: 8.56% Airbnb Rental Income: $2456 Traditional Rental Income: $1949 Airbnb ROI: 8.06% Traditional ROI: 8.56%
8071 Dobie Lane Mancelona, MI This beautiful ranch-style home offers the perfect blend of rural charm and modern conveni...	4 beds \| 3 baths \| 2,159 sq.ft.	$415,000	Airbnb cash on cash: 8.22% Traditional cash on cash: 5.38% Airbnb Rental Income: $4886 Traditional Rental Income: $2780 Airbnb ROI: 8.22% Traditional ROI: 5.38%
6601 SCHUSS MOUNTAIN LANE Mancelona, MI The relaxed Village of Schuss is where you find this turnkey condo at Shanty Creek Resort....	1 beds \| 1 baths \| 430 sq.ft.	$149,000	Airbnb cash on cash: 5.82% Traditional cash on cash: 6.68% Airbnb Rental Income: $1699 Traditional Rental Income: $1350 Airbnb ROI: 5.82% Traditional ROI: 6.68%
10556 N Twin Lake Road, NE Mancelona, MI All Sport, 100 private feet of BigTwin Lake to call your own. This beautiful blue lake is...	4 beds \| 1 baths \| 1,020 sq.ft.	$550,000	Airbnb cash on cash: 4.85% Traditional cash on cash: 1.28% Airbnb Rental Income: $4886 Traditional Rental Income: $2049 Airbnb ROI: 4.85% Traditional ROI: 1.28%
3590 Cedar River Rd Road Mancelona, MI Antrim County 80 ac retreat! Located just North of Mancelona,15 miles East of Bellaire & ...	2 beds \| 1 baths \| 1,300 sq.ft.	$400,000	Airbnb cash on cash: 0.71% Traditional cash on cash: 1.84% Airbnb Rental Income: $1792 Traditional Rental Income: $1730 Airbnb ROI: 0.71% Traditional ROI: 1.84%
3531 Twin Lake Road, NE Mancelona, MI This homestead was an active farm until this past spring. This great spot features 9 acre...	3 beds \| 2 baths \| 1,931 sq.ft.	$245,000	Airbnb cash on cash: 6.22% Traditional cash on cash: 9.28% Airbnb Rental Income: $2456 Traditional Rental Income: $2567 Airbnb ROI: 6.22% Traditional ROI: 9.28%
10546 N Twin Lake Road, NE Mancelona, MI Water so beautiful, once you experience you won't want to leave this 100 feet on beautiful...	3 beds \| 3 baths \| 2,520 sq.ft.	$679,900	Airbnb cash on cash: 1.26% Traditional cash on cash: 3.79% Airbnb Rental Income: $2456 Traditional Rental Income: $3463 Airbnb ROI: 1.26% Traditional ROI: 3.79%
9584 Chandler Drive Mancelona, MI Welcome to your charming 3 bed, 1 Â½ bath home in the heart of beautiful Northern Michigan...	3 beds \| 2 baths \| 1,300 sq.ft.	$199,000	Airbnb cash on cash: 6.66% Traditional cash on cash: 7.72% Airbnb Rental Income: $2456 Traditional Rental Income: $2059 Airbnb ROI: 6.66% Traditional ROI: 7.72%
8475 Merrimon Court Mancelona, MI Nestled in an idyllic setting, this Barndominium home boasts everything you could wish for...	3 beds \| 1 baths \| 1,200 sq.ft.	$199,000	Airbnb cash on cash: 6.5% Traditional cash on cash: 6.57% Airbnb Rental Income: $2456 Traditional Rental Income: $1870 Airbnb ROI: 6.5% Traditional ROI: 6.57%
2029 Valley Road Mancelona, MI Three-bedroom, rustic-chic home on more than two acres. Well-maintained, with major system...	3 beds \| 1 baths \| 1,562 sq.ft.	$238,500	Airbnb cash on cash: 5.31% Traditional cash on cash: 6.31% Airbnb Rental Income: $2456 Traditional Rental Income: $2083 Airbnb ROI: 5.31% Traditional ROI: 6.31%
469 NE Plum Valley Mancelona, MI HUD home being sold as-is. #263-634957. New Homes each day! Only HUD registered agents ...	3 beds \| 2 baths \| 1,512 sq.ft.	$211,500	Airbnb cash on cash: 6.29% Traditional cash on cash: 8.46% Airbnb Rental Income: $2456 Traditional Rental Income: $2292 Airbnb ROI: 6.29% Traditional ROI: 8.46%
4930 DOERR Mancelona, MI Lovely ranch home on 10 acres! Enjoy countryside living in this great Antrim County locati...	3 beds \| 2 baths \| 1,352 sq.ft.	$229,900	Airbnb cash on cash: 6.8% Traditional cash on cash: 7.97% Airbnb Rental Income: $2456 Traditional Rental Income: $2113 Airbnb ROI: 6.8% Traditional ROI: 7.97%
4930 Doerr Road Mancelona, MI Lovely ranch home on 10 acres! Enjoy countryside living in this great Antrim County locati...	3 beds \| 2 baths \| 1,352 sq.ft.	$229,900	Airbnb cash on cash: 6.8% Traditional cash on cash: 8.04% Airbnb Rental Income: $2456 Traditional Rental Income: $2128 Airbnb ROI: 6.8% Traditional ROI: 8.04%
8468 Shorewood Court Mancelona, MI Stunning 2-Bed, 1-Bath Home on 2+ Acres. An oversized 24x40 insulated garage is a standout...	2 beds \| 1 baths \| 900 sq.ft.	$149,000	Airbnb cash on cash: 6.52% Traditional cash on cash: 8.63% Airbnb Rental Income: $1792 Traditional Rental Income: $1604 Airbnb ROI: 6.52% Traditional ROI: 8.63%
8334 Cinder Hill Road Mancelona, MI Spacious house for a go getter! This is a 3 bedroom and 2 bathroom home with just shy of 1...	3 beds \| 2 baths \| 1,727 sq.ft.	$220,000	Airbnb cash on cash: 7.11% Traditional cash on cash: 9.81% Airbnb Rental Income: $2456 Traditional Rental Income: $2419 Airbnb ROI: 7.11% Traditional ROI: 9.81%
8745 Whispering Pines Drive Mancelona, MI Your Perfect Escape Awaits! Welcome to this enchanting 1 bedroom, 1 bath log home nestled...	1 beds \| 1 baths \| 1,008 sq.ft.	$230,000	Airbnb cash on cash: 3.16% Traditional cash on cash: 5.84% Airbnb Rental Income: $1699 Traditional Rental Income: $1811 Airbnb ROI: 3.16% Traditional ROI: 5.84%
208 S Washington Street Mancelona, MI Very nice home located in the village of Mancelona. Two bed/1.5 bath just been remodeled. ...	3 beds \| 2 baths \| 1,546 sq.ft.	$219,900	Airbnb cash on cash: 5.96% Traditional cash on cash: 8.12% Airbnb Rental Income: $2456 Traditional Rental Income: $2308 Airbnb ROI: 5.96% Traditional ROI: 8.12%
4658 Beaver Trail Mancelona, MI Off-grid living at its finest!! This property features a main house/cabin, an outdoor show...	1 beds \| 1 baths \| 400 sq.ft.	$179,000	Airbnb cash on cash: 5.46% Traditional cash on cash: 6.51% Airbnb Rental Income: $1699 Traditional Rental Income: $1405 Airbnb ROI: 5.46% Traditional ROI: 6.51%
8829 Priest Road Mancelona, MI UP NORTH 5 acres with a fantastic newer 3 bedroom 2 bath home. This charming home has had ...	3 beds \| 2 baths \| 2,582 sq.ft.	$414,900	Airbnb cash on cash: 2.98% Traditional cash on cash: 4.83% Airbnb Rental Income: $2456 Traditional Rental Income: $2576 Airbnb ROI: 2.98% Traditional ROI: 4.83%
2100 W SCHUSS MOUNTAIN ROAD Mancelona, MI The perfect resort retreat. This spacious 3-bedroom, 3-bath condo is located on the golf c...	3 beds \| 3 baths \| 1,912 sq.ft.	$369,000	Airbnb cash on cash: 3.56% Traditional cash on cash: 6.32% Airbnb Rental Income: $2456 Traditional Rental Income: $2814 Airbnb ROI: 3.56% Traditional ROI: 6.32%
1338 LEONARD ROAD Mancelona, MI This charming and recently updated home is located near many lakes including Torch Lake wi...	3 beds \| 2 baths \| 1,300 sq.ft.	$229,000	Airbnb cash on cash: 6.84% Traditional cash on cash: 8.21% Airbnb Rental Income: $2456 Traditional Rental Income: $2155 Airbnb ROI: 6.84% Traditional ROI: 8.21%

Real Estate investment in Mancelona, MI

There are 25 properties for sale in the city of Mancelona . The median list price in Mancelona is $219,900 and the average price per square foot is $153. In November 2024, the average monthly cash on cash return in Mancelona is 8.00%. The average monthly rental income in Mancelona is $2,113.

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

There are 25 investment properties available for sale in Mancelona.

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

The ROI for Long-Term is higher than the Short-Term in Mancelona with average rental income of $2,113.

Your search for investment property begins and ends here

Investment Property for Sale in Mancelona, MI

6519 Schuss Mountain Lane

Mancelona, MI

2 beds | 2 baths | 850 sq.ft.

$274,900

Airbnb cash on cash: 3.32%

Traditional cash on cash: 4.29%

Airbnb Rental Income: $1792

Traditional Rental Income: $1557

Airbnb ROI: 3.32%

Traditional ROI: 4.29%

2050 W SCHUSS MOUNTAIN DRIVE

Mancelona, MI

2 beds | 2 baths | 931 sq.ft.

$279,000

Airbnb cash on cash: 2.09%

Traditional cash on cash: 3.47%

Airbnb Rental Income: $1792

Traditional Rental Income: $1668

Airbnb ROI: 2.09%

Traditional ROI: 3.47%

306 W State Street

Mancelona, MI

3 beds | 1 baths | 1,557 sq.ft.

$189,000

Airbnb cash on cash: 8.01%

Traditional cash on cash: 9.05%

Airbnb Rental Income: $2456

Traditional Rental Income: $2045

Airbnb ROI: 8.01%

Traditional ROI: 9.05%

6163 CEDAR RIVER ROAD

Mancelona, MI

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

$329,000

Airbnb cash on cash: 2.25%

Traditional cash on cash: 5.27%

Airbnb Rental Income: $1699

Traditional Rental Income: $2160

Airbnb ROI: 2.25%

Traditional ROI: 5.27%

8102 Fairway Hollow Drive

Mancelona, MI

3 beds | 2 baths | 1,104 sq.ft.

$189,000

Airbnb cash on cash: 8.06%

Traditional cash on cash: 8.56%

Airbnb Rental Income: $2456

Traditional Rental Income: $1949

Airbnb ROI: 8.06%

Traditional ROI: 8.56%

8071 Dobie Lane

Mancelona, MI

4 beds | 3 baths | 2,159 sq.ft.

$415,000

Airbnb cash on cash: 8.22%

Traditional cash on cash: 5.38%

Airbnb Rental Income: $4886

Traditional Rental Income: $2780

Airbnb ROI: 8.22%

Traditional ROI: 5.38%

6601 SCHUSS MOUNTAIN LANE

Mancelona, MI

1 beds | 1 baths | 430 sq.ft.

$149,000

Airbnb cash on cash: 5.82%

Traditional cash on cash: 6.68%

Airbnb Rental Income: $1699

Traditional Rental Income: $1350

Airbnb ROI: 5.82%

Traditional ROI: 6.68%

10556 N Twin Lake Road, NE

Mancelona, MI

4 beds | 1 baths | 1,020 sq.ft.

$550,000

Airbnb cash on cash: 4.85%

Traditional cash on cash: 1.28%

Airbnb Rental Income: $4886

Traditional Rental Income: $2049

Airbnb ROI: 4.85%