Real Estate Investment Properties for Sale in Newaygo, MI

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
4560 Teal Lane Newaygo, MI Don't miss this stunning custom-built home with panoramic views of Croton Pond from every ...	3 beds \| 3 baths \| 2,588 sq.ft.	$530,000	Airbnb cash on cash: 4.42% Traditional cash on cash: 4.67% Airbnb Rental Income: $3800 Traditional Rental Income: $3097 Airbnb ROI: 4.42% Traditional ROI: 4.67%
4997 S CROTON HARDY DRIVE Newaygo, MI This home features low maintenance metal roof and vinyl siding. One bedroom and one bath h...	1 beds \| 1 baths \| 713 sq.ft.	$89,950	Airbnb cash on cash: 8.44% Traditional cash on cash: 11.88% Airbnb Rental Income: $1394 Traditional Rental Income: $1275 Airbnb ROI: 8.44% Traditional ROI: 11.88%
7803 E 72nd Street Newaygo, MI BY APPOINTMENT ONLY! Nestled on 57.4 picturesque acres, this stunning 2-story log home wi...	2 beds \| 3 baths \| 3,716 sq.ft.	$1,000,000	Airbnb cash on cash: -0.92% Traditional cash on cash: 0.72% Airbnb Rental Income: $1649 Traditional Rental Income: $2711 Airbnb ROI: -0.92% Traditional ROI: 0.72%
5530 Cozy Point Drive Newaygo, MI Charming waterfront home on Croton Pond! This 3-bed, 1-bath retreat boasts stunning lake v...	3 beds \| 1 baths \| 1,604 sq.ft.	$475,000	Airbnb cash on cash: 4.71% Traditional cash on cash: 3.3% Airbnb Rental Income: $3800 Traditional Rental Income: $2353 Airbnb ROI: 4.71% Traditional ROI: 3.3%
1480 W 72nd Street Newaygo, MI Welcome to this wonderful 4 bedroom 2 full bathroom wooded retreat. This recently updated ...	4 beds \| 2 baths \| 1,861 sq.ft.	$395,000	Airbnb cash on cash: 3.38% Traditional cash on cash: 5.36% Airbnb Rental Income: $2674 Traditional Rental Income: $2773 Airbnb ROI: 3.38% Traditional ROI: 5.36%
8488 Vista Drive Newaygo, MI This cozy cottage located on a quiet cove of all sports Brooks Lake must be seen! Complete...	1 beds \| 1 baths \| 726 sq.ft.	$299,900	Airbnb cash on cash: 0.24% Traditional cash on cash: 2.54% Airbnb Rental Income: $1394 Traditional Rental Income: $1623 Airbnb ROI: 0.24% Traditional ROI: 2.54%
91 N Fair Street Newaygo, MI Welcome to 91 Fair Street, a cozy retreat nestled in the heart of Newaygo. This charming 2...	2 beds \| 2 baths \| 1,204 sq.ft.	$159,900	Airbnb cash on cash: 5.23% Traditional cash on cash: 9.24% Airbnb Rental Income: $1649 Traditional Rental Income: $1797 Airbnb ROI: 5.23% Traditional ROI: 9.24%
768 W North Hills Court Newaygo, MI This stunning two-story home is on a large lot in a peaceful neighborhood. From the expans...	3 beds \| 3 baths \| 2,146 sq.ft.	$379,000	Airbnb cash on cash: 5.81% Traditional cash on cash: 5.53% Airbnb Rental Income: $3800 Traditional Rental Income: $2879 Airbnb ROI: 5.81% Traditional ROI: 5.53%
8861 S Big Buck Lane Newaygo, MI This extraordinary property is more than a home; it's a lifestyle. Situated on 6.58 privat...	5 beds \| 2 baths \| 2,890 sq.ft.	$598,000	Airbnb cash on cash: 3.37% Traditional cash on cash: 4.09% Airbnb Rental Income: $3547 Traditional Rental Income: $3168 Airbnb ROI: 3.37% Traditional ROI: 4.09%
178 E Washington Street Newaygo, MI Welcome to the city of Newaygo, this beautiful 4 bedroom, 1 bath sitting with a large, fen...	4 beds \| 1 baths \| 1,296 sq.ft.	$177,000	Airbnb cash on cash: 8.17% Traditional cash on cash: 7.72% Airbnb Rental Income: $2674 Traditional Rental Income: $1963 Airbnb ROI: 8.17% Traditional ROI: 7.72%
6786 E Winter Court Newaygo, MI Newly Constructed 4-bedroom 2 full bath home in Coton Township. Here's your opportunity to...	4 beds \| 2 baths \| 1,952 sq.ft.	$329,000	Airbnb cash on cash: 4.99% Traditional cash on cash: 6.83% Airbnb Rental Income: $2674 Traditional Rental Income: $2610 Airbnb ROI: 4.99% Traditional ROI: 6.83%
1161 E Croton Drive Newaygo, MI Check out this remodeled 5 bedroom ranch style home. A large pole barn on the property per...	5 beds \| 2 baths \| 2,874 sq.ft.	$279,900	Airbnb cash on cash: 7.88% Traditional cash on cash: 8.73% Airbnb Rental Income: $3547 Traditional Rental Income: $2993 Airbnb ROI: 7.88% Traditional ROI: 8.73%
8148 Main Street Newaygo, MI This is once in a lifetime opportunity, use as a cottage or a year around home. Only 45 m...	3 beds \| 2 baths \| 1,692 sq.ft.	$849,900	Airbnb cash on cash: 1.91% Traditional cash on cash: 1.61% Airbnb Rental Income: $3800 Traditional Rental Income: $2735 Airbnb ROI: 1.91% Traditional ROI: 1.61%
3073 82nd Street Newaygo, MI Breathtaking Riverfront Home is awaiting. Discover your dream sanctuary where luxury meets...	5 beds \| 4 baths \| 3,771 sq.ft.	$775,000	Airbnb cash on cash: 2.18% Traditional cash on cash: 3.95% Airbnb Rental Income: $3547 Traditional Rental Income: $4050 Airbnb ROI: 2.18% Traditional ROI: 3.95%
5413 Front Street Newaygo, MI Picture this...you're driving down a winding road with the windows down, the sound of rust...	3 beds \| 2 baths \| 1,640 sq.ft.	$479,000	Airbnb cash on cash: 4.94% Traditional cash on cash: 4.33% Airbnb Rental Income: $3800 Traditional Rental Income: $2703 Airbnb ROI: 4.94% Traditional ROI: 4.33%
5254 Morrison Street Newaygo, MI Discover lakefront paradise with this stunning 4-bedroom, 3Â½-bath home on Bills All Sport...	4 beds \| 4 baths \| 3,733 sq.ft.	$1,700,000	Airbnb cash on cash: 0.19% Traditional cash on cash: 1.4% Airbnb Rental Income: $2674 Traditional Rental Income: $3935 Airbnb ROI: 0.19% Traditional ROI: 1.4%
1299 78th Street Newaygo, MI This ranch home is perfect for those who appreciate the tranquility of rural living while ...	3 beds \| 2 baths \| 1,500 sq.ft.	$349,900	Airbnb cash on cash: 7.01% Traditional cash on cash: 4.96% Airbnb Rental Income: $3800 Traditional Rental Income: $2305 Airbnb ROI: 7.01% Traditional ROI: 4.96%
1812 E Croton Drive Newaygo, MI HUGE PRICE REDUCTION Seller would like this one sold. Seller is willing to provide a...	3 beds \| 2 baths \| 1,400 sq.ft.	$319,000	Airbnb cash on cash: 8.06% Traditional cash on cash: 6.4% Airbnb Rental Income: $3800 Traditional Rental Income: $2477 Airbnb ROI: 8.06% Traditional ROI: 6.4%
8647 Vista Drive Newaygo, MI Welcome to 8647 Vista Dr where lake and country living is at its best! This 4 bedroom 2 ...	4 beds \| 2 baths \| 1,944 sq.ft.	$425,000	Airbnb cash on cash: 3.28% Traditional cash on cash: 5.21% Airbnb Rental Income: $2674 Traditional Rental Income: $2809 Airbnb ROI: 3.28% Traditional ROI: 5.21%
8520 S Lakeside Drive Newaygo, MI WATERFRONT! Make yourself at home in this beautiful custom brick ranch located on the Turt...	4 beds \| 3 baths \| 2,550 sq.ft.	$679,000	Airbnb cash on cash: 1.5% Traditional cash on cash: 3.42% Airbnb Rental Income: $2674 Traditional Rental Income: $3255 Airbnb ROI: 1.5% Traditional ROI: 3.42%
2215 Spruell Road Newaygo, MI Discover this beautiful 2-bedroom home with lake access on Brooks All Sports Lake. Featuri...	2 beds \| 2 baths \| 1,660 sq.ft.	$329,900	Airbnb cash on cash: 1.89% Traditional cash on cash: 5.92% Airbnb Rental Income: $1649 Traditional Rental Income: $2436 Airbnb ROI: 1.89% Traditional ROI: 5.92%
5855 Ridge Street Newaygo, MI Welcome to your dream retreat nestled on the serene shores of All Sports Croton Pond! This...	4 beds \| 3 baths \| 2,963 sq.ft.	$883,000	Airbnb cash on cash: 0.73% Traditional cash on cash: 2.26% Airbnb Rental Income: $2674 Traditional Rental Income: $3297 Airbnb ROI: 0.73% Traditional ROI: 2.26%
5820 Pine Street Newaygo, MI Property has an AIRBNB certificate, New owner must apply with the TWP & meet the requireme...	3 beds \| 2 baths \| 1,845 sq.ft.	$570,000	Airbnb cash on cash: 3.84% Traditional cash on cash: 3.52% Airbnb Rental Income: $3800 Traditional Rental Income: $2811 Airbnb ROI: 3.84% Traditional ROI: 3.52%
6347 Cypress Avenue Newaygo, MI Enjoy paradise, this sprawling home with high end finishes with a stone fireplace. Enjoy t...	5 beds \| 4 baths \| 4,255 sq.ft.	$1,400,000	Airbnb cash on cash: 0.52% Traditional cash on cash: 1.48% Airbnb Rental Income: $3547 Traditional Rental Income: $4009 Airbnb ROI: 0.52% Traditional ROI: 1.48%
5540 COZY POINT DRIVE Newaygo, MI Sitting on the original Muskegon Riverfront of Croton Pond, you'll enjoy the spectacular v...	2 beds \| 2 baths \| 1,352 sq.ft.	$479,000	Airbnb cash on cash: 1.42% Traditional cash on cash: 2.92% Airbnb Rental Income: $1649 Traditional Rental Income: $1858 Airbnb ROI: 1.42% Traditional ROI: 2.92%
589 E 88th Street Newaygo, MI This 3-bedroom, 2-bathroom home is situated on a nearly 4-acre corner lot. The property in...	3 beds \| 2 baths \| 2,369 sq.ft.	$290,000	Airbnb cash on cash: 8.42% Traditional cash on cash: 7.28% Airbnb Rental Income: $3800 Traditional Rental Income: $2667 Airbnb ROI: 8.42% Traditional ROI: 7.28%
11159 Whitefish Road Newaygo, MI Discover country living with modern comforts in this beautiful 4-bedroom, 2.5-bathroom hom...	4 beds \| 3 baths \| 1,675 sq.ft.	$415,000	Airbnb cash on cash: 3.2% Traditional cash on cash: 4.98% Airbnb Rental Income: $2674 Traditional Rental Income: $2732 Airbnb ROI: 3.2% Traditional ROI: 4.98%
5051 East Bliss Lane Newaygo, MI Completely renovated from top to bottom! All new windows, doors, plumbing, electrical, eve...	3 beds \| 2 baths \| 1,400 sq.ft.	$489,900	Airbnb cash on cash: 3.97% Traditional cash on cash: 2.81% Airbnb Rental Income: $3800 Traditional Rental Income: $2442 Airbnb ROI: 3.97% Traditional ROI: 2.81%
3880 E 40th Street Newaygo, MI Welcome to this 3-bedroom, 2.5 bathroom, ranch-style home in Newaygo, MI! This property is...	3 beds \| 3 baths \| 2,144 sq.ft.	$399,900	Airbnb cash on cash: 6.17% Traditional cash on cash: 5.86% Airbnb Rental Income: $3800 Traditional Rental Income: $2862 Airbnb ROI: 6.17% Traditional ROI: 5.86%
8981 Spruce Avenue #A Newaygo, MI Welcome to your dream retreat! This stunning 3-bedroom ranch home, built in 2020, offers a...	3 beds \| 2 baths \| 1,492 sq.ft.	$324,900	Airbnb cash on cash: 7.8% Traditional cash on cash: 5.75% Airbnb Rental Income: $3800 Traditional Rental Income: $2352 Airbnb ROI: 7.8% Traditional ROI: 5.75%
648 E Muskie Newaygo, MI In the newest, most private section of Brookhaven Estates, see this hidden gem. Perfect f...	2 beds \| 1 baths \| 1,056 sq.ft.	$63,600	Airbnb cash on cash: 5.62% Traditional cash on cash: 10.96% Airbnb Rental Income: $1649 Traditional Rental Income: $1525 Airbnb ROI: 5.62% Traditional ROI: 10.96%
6474 Barberry Avenue Newaygo, MI Welcome Home!!! Beautiful 3 bedroom 2 bathroom home located just outside of downtown Newa...	3 beds \| 2 baths \| 1,500 sq.ft.	$319,900	Airbnb cash on cash: 7.84% Traditional cash on cash: 5.57% Airbnb Rental Income: $3800 Traditional Rental Income: $2293 Airbnb ROI: 7.84% Traditional ROI: 5.57%
244-248 S John Street Newaygo, MI Welcome to 244 & 248 John St! This duplex features 2 bedroom & 1 bathroom per unit. One un...	N/A beds \| N/A baths \| N/A	$260,000	Airbnb cash on cash: 0.34% Traditional cash on cash: 3.5% Airbnb Rental Income: $1016 Traditional Rental Income: $1433 Airbnb ROI: 0.34% Traditional ROI: 3.5%
6535 S Centerline Road Newaygo, MI Welcome to this picturesque, private retreat on 6+ acres of natural wooded property just n...	4 beds \| 3 baths \| 3,158 sq.ft.	$419,900	Airbnb cash on cash: 3.17% Traditional cash on cash: 6.55% Airbnb Rental Income: $2674 Traditional Rental Income: $3370 Airbnb ROI: 3.17% Traditional ROI: 6.55%
4277 Croton Drive Newaygo, MI HOT new price!! NEW metal roof, vinyl siding, and windows 10/24! 4 bedrooms with 2 full ...	4 beds \| 2 baths \| 1,344 sq.ft.	$220,000	Airbnb cash on cash: 6.83% Traditional cash on cash: 8.42% Airbnb Rental Income: $2674 Traditional Rental Income: $2371 Airbnb ROI: 6.83% Traditional ROI: 8.42%
6390 Lake Street Newaygo, MI Nestled in a serene location, this boater's dream Croton Pond Waterfront property offers t...	2 beds \| 2 baths \| 1,245 sq.ft.	$345,000	Airbnb cash on cash: 1.84% Traditional cash on cash: 5.62% Airbnb Rental Income: $1649 Traditional Rental Income: $2409 Airbnb ROI: 1.84% Traditional ROI: 5.62%
9195 Catalpa Avenue Newaygo, MI Stunning Lakefront Home on Hess Lake Welcome to your dream retreat! This beautifully re...	3 beds \| 3 baths \| 2,078 sq.ft.	$725,000	Airbnb cash on cash: 2.74% Traditional cash on cash: 3.04% Airbnb Rental Income: $3800 Traditional Rental Income: $3179 Airbnb ROI: 2.74% Traditional ROI: 3.04%
288 E 88TH STREET Newaygo, MI This house has been well maintained by same homeowner since 1983. Immediate occupancy of ...	3 beds \| 2 baths \| 1,744 sq.ft.	$299,900	Airbnb cash on cash: 8.98% Traditional cash on cash: 7.08% Airbnb Rental Income: $3800 Traditional Rental Income: $2441 Airbnb ROI: 8.98% Traditional ROI: 7.08%
311 S State Street Newaygo, MI Are you looking for a charming home with great potential? Check out this cozy 2 bedroom w...	2 beds \| 2 baths \| 1,650 sq.ft.	$174,900	Airbnb cash on cash: 4.33% Traditional cash on cash: 10.25% Airbnb Rental Income: $1649 Traditional Rental Income: $2171 Airbnb ROI: 4.33% Traditional ROI: 10.25%
1944 E WOODWARD DRIVE Newaygo, MI Live at the Lake! or Cottage, 70 feet of private Frontage on Brooks Lake. 2 Bedroom, 1 1...	2 beds \| 2 baths \| 863 sq.ft.	$359,900	Airbnb cash on cash: 1.92% Traditional cash on cash: 3.44% Airbnb Rental Income: $1649 Traditional Rental Income: $1698 Airbnb ROI: 1.92% Traditional ROI: 3.44%

Real Estate investment in Newaygo, MI

There are 41 properties for sale in the city of Newaygo . The median list price in Newaygo is $345,000 and the average price per square foot is $179. In November 2024, the average monthly cash on cash return in Newaygo is 6.00%. The average monthly rental income in Newaygo is $2,477.

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

There are 41 investment properties available for sale in Newaygo.

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

The ROI for Long-Term is higher than the Short-Term in Newaygo with average rental income of $2,477.

Your search for investment property begins and ends here

Investment Property for Sale in Newaygo, MI

4560 Teal Lane

Newaygo, MI

3 beds | 3 baths | 2,588 sq.ft.

$530,000

Airbnb cash on cash: 4.42%

Traditional cash on cash: 4.67%

Airbnb Rental Income: $3800

Traditional Rental Income: $3097

Airbnb ROI: 4.42%

Traditional ROI: 4.67%

4997 S CROTON HARDY DRIVE

Newaygo, MI

1 beds | 1 baths | 713 sq.ft.

$89,950

Airbnb cash on cash: 8.44%

Traditional cash on cash: 11.88%

Airbnb Rental Income: $1394

Traditional Rental Income: $1275

Airbnb ROI: 8.44%

Traditional ROI: 11.88%

7803 E 72nd Street

Newaygo, MI

2 beds | 3 baths | 3,716 sq.ft.

$1,000,000

Airbnb cash on cash: -0.92%

Traditional cash on cash: 0.72%

Airbnb Rental Income: $1649

Traditional Rental Income: $2711

Airbnb ROI: -0.92%

Traditional ROI: 0.72%

5530 Cozy Point Drive

Newaygo, MI

3 beds | 1 baths | 1,604 sq.ft.

$475,000

Airbnb cash on cash: 4.71%

Traditional cash on cash: 3.3%

Airbnb Rental Income: $3800

Traditional Rental Income: $2353

Airbnb ROI: 4.71%

Traditional ROI: 3.3%

1480 W 72nd Street

Newaygo, MI

4 beds | 2 baths | 1,861 sq.ft.

$395,000

Airbnb cash on cash: 3.38%

Traditional cash on cash: 5.36%

Airbnb Rental Income: $2674

Traditional Rental Income: $2773

Airbnb ROI: 3.38%

Traditional ROI: 5.36%

8488 Vista Drive

Newaygo, MI

1 beds | 1 baths | 726 sq.ft.

$299,900

Airbnb cash on cash: 0.24%

Traditional cash on cash: 2.54%

Airbnb Rental Income: $1394

Traditional Rental Income: $1623

Airbnb ROI: 0.24%

Traditional ROI: 2.54%

91 N Fair Street

Newaygo, MI

2 beds | 2 baths | 1,204 sq.ft.

$159,900

Airbnb cash on cash: 5.23%

Traditional cash on cash: 9.24%

Airbnb Rental Income: $1649

Traditional Rental Income: $1797

Airbnb ROI: 5.23%

Traditional ROI: 9.24%

768 W North Hills Court

Newaygo, MI

3 beds | 3 baths | 2,146 sq.ft.

$379,000

Airbnb cash on cash: 5.81%

Traditional cash on cash: 5.53%

Airbnb Rental Income: $3800

Traditional Rental Income: $2879

Airbnb ROI: 5.81%