Real Estate Investment Properties for Sale in Onaway, MI

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
432 N Black River Onaway, MI If serenity is what you seek, then this is the place for you! This fabulous 3 bed, 2 bath ...	3 beds \| 2 baths \| 1,344 sq.ft.	$599,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.79% Airbnb Rental Income: $null Traditional Rental Income: $2419 Airbnb ROI: N/A Traditional ROI: 2.79%
8001 Kisser Road Onaway, MI An amazing family home/cottage that can be a beautiful and private retreat! The combinatio...	2 beds \| 2 baths \| 1,032 sq.ft.	$439,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.75% Airbnb Rental Income: $null Traditional Rental Income: $2199 Airbnb ROI: N/A Traditional ROI: 3.75%
15860 M-68 Onaway, MI Nestled in a tranquil, natural setting, this stunning ranch-style home boasts a perfect bl...	4 beds \| 2 baths \| 1,780 sq.ft.	$310,000	Airbnb cash on cash: 3.38% Traditional cash on cash: 6.78% Airbnb Rental Income: $1987 Traditional Rental Income: $2459 Airbnb ROI: 3.38% Traditional ROI: 6.78%
Investment Properties for Sale in Other Cities of Michigan
18217 SANTA ROSA Drive Detroit , MI Remarks: TENANT IN PLACE TO INCREASE YOUR PORTFOLIO 0R TO LIVE IN. AS IS SALE ONLY. 24 HO...	3 beds \| 1 baths \| 1,398 sq.ft.	$160,000	Airbnb cash on cash: 9.54% Traditional cash on cash: 8.31% Airbnb Rental Income: $2470 Traditional Rental Income: $1682 Airbnb ROI: 9.54% Traditional ROI: 8.31%
555 Vinewood Avenue Birmingham , MI UPSCALE. REFINED. SOPHISTICATED. ENERGIZING. THIS EXQUISITE RESIDENCE OFFERS THE MOST EXCE...	5 beds \| 7 baths \| 9,328 sq.ft.	$4,100,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.6% Airbnb Rental Income: $null Traditional Rental Income: $6402 Airbnb ROI: N/A Traditional ROI: -0.6%
699 HANNA Street Birmingham , MI Located on perhaps one of Birmingham's most premiere streets, in the heart of downtown Bir...	3 beds \| 6 baths \| 4,590 sq.ft.	$2,999,000	Airbnb cash on cash: -1.08% Traditional cash on cash: -0.53% Airbnb Rental Income: $4012 Traditional Rental Income: $4687 Airbnb ROI: -1.08% Traditional ROI: -0.53%
15 E KIRBY Street #725 Detroit , MI Beautiful 2 Bedroom Condo in Historic Park Shelton Condominiums facing North with View of ...	2 beds \| 2 baths \| 1,130 sq.ft.	$263,900	Airbnb cash on cash: 1.31% Traditional cash on cash: 2.89% Airbnb Rental Income: $2310 Traditional Rental Income: $2131 Airbnb ROI: 1.31% Traditional ROI: 2.89%
2324 Nixon Road Ann Arbor , MI Modern elegance in this updated 4 bedroom, 2.5 bath northside ranch that exudes timeless c...	4 beds \| 3 baths \| 2,073 sq.ft.	$550,000	Airbnb cash on cash: 5.23% Traditional cash on cash: 2.36% Airbnb Rental Income: $5278 Traditional Rental Income: $2732 Airbnb ROI: 5.23% Traditional ROI: 2.36%
6168 Dreamcatcher Road Stevensville , MI Wyndstone Estates a sought after community. This home offers 4 bedrooms, 2.5 bathrooms, an...	4 beds \| 3 baths \| 2,350 sq.ft.	$465,000	Airbnb cash on cash: 6.8% Traditional cash on cash: 4.46% Airbnb Rental Income: $4978 Traditional Rental Income: $2943 Airbnb ROI: 6.8% Traditional ROI: 4.46%
200 Greenwood Street Birmingham , MI Located in one of the most desirable locations in Birmingham - steps away from downtown - ...	4 beds \| 4 baths \| 3,629 sq.ft.	$1,399,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.37% Airbnb Rental Income: $null Traditional Rental Income: $3430 Airbnb ROI: N/A Traditional ROI: 0.37%
451 VINEWOOD Avenue Birmingham , MI Welcome to this extraordinary home in the heart of downtown Birmingham. A short walk to yo...	5 beds \| 5 baths \| 5,323 sq.ft.	$3,995,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.76% Airbnb Rental Income: $null Traditional Rental Income: $5388 Airbnb ROI: N/A Traditional ROI: -0.76%
600 Monroe Avenue NW #406 Grand Rapids , MI Stunning and distinguished 3 bedroom, 3 full bath Penthouse Downtown condo at Monroe Terra...	3 beds \| 3 baths \| 2,355 sq.ft.	$864,900	Airbnb cash on cash: -0.62% Traditional cash on cash: 0.65% Airbnb Rental Income: $2660 Traditional Rental Income: $3046 Airbnb ROI: -0.62% Traditional ROI: 0.65%
2320 TROON SOUTH Bellaire , MI Golfside Condo in Cedar River Village at Shanty Creek Resorts. Enjoy 26 weeks per year (1...	3 beds \| 4 baths \| 2,217 sq.ft.	$294,500	Airbnb cash on cash: 6.64% Traditional cash on cash: 8.15% Airbnb Rental Income: $3275 Traditional Rental Income: $2958 Airbnb ROI: 6.64% Traditional ROI: 8.15%
3496 Pine Acres Road Glennie , MI AMAZING LOCATON--Sitting on 5 beautiful acres, this cozy 2 bedroom, 1 bath home is located...	2 beds \| 1 baths \| 1,106 sq.ft.	$249,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.35% Airbnb Rental Income: $null Traditional Rental Income: $1461 Airbnb ROI: N/A Traditional ROI: 4.35%
10180 W Broomfield Road Remus , MI Escape to tranquility at 10180 W Broomfield Rd. This recently updated ranch features three...	3 beds \| 1 baths \| 2,300 sq.ft.	$229,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.29% Airbnb Rental Income: $null Traditional Rental Income: $2055 Airbnb ROI: N/A Traditional ROI: 7.29%
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: 3.88% Airbnb Rental Income: $1792 Traditional Rental Income: $1451 Airbnb ROI: 3.32% Traditional ROI: 3.88%

Real Estate investment in Onaway, MI

There are 3 properties for sale in the city of Onaway . The median list price in Onaway is $439,900 and the average price per square foot is $318. In January 2025, the average monthly cash on cash return in Onaway is 4.00%. The average monthly rental income in Onaway is $2,419.

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

There are 3 investment properties available for sale in Onaway.

In 2025, the best neighborhood to buy investment property is Onaway.

The ROI for Long-Term is higher than the Short-Term in Onaway with average rental income of $2,419.

Your search for investment property begins and ends here

Investment Property for Sale in Onaway, MI

432 N Black River

Onaway, MI

3 beds | 2 baths | 1,344 sq.ft.

$599,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.79%

Airbnb Rental Income: $null

Traditional Rental Income: $2419

Airbnb ROI: N/A

Traditional ROI: 2.79%

8001 Kisser Road

Onaway, MI

2 beds | 2 baths | 1,032 sq.ft.

$439,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.75%

Airbnb Rental Income: $null

Traditional Rental Income: $2199

Airbnb ROI: N/A

Traditional ROI: 3.75%

15860 M-68

Onaway, MI

4 beds | 2 baths | 1,780 sq.ft.

$310,000

Airbnb cash on cash: 3.38%

Traditional cash on cash: 6.78%

Airbnb Rental Income: $1987

Traditional Rental Income: $2459

Airbnb ROI: 3.38%

Traditional ROI: 6.78%

Investment Properties for Sale in Other Cities of Michigan

Detroit , MI

3 beds | 1 baths | 1,398 sq.ft.

$160,000

Airbnb cash on cash: 9.54%

Traditional cash on cash: 8.31%

Airbnb Rental Income: $2470

Traditional Rental Income: $1682

Airbnb ROI: 9.54%

Traditional ROI: 8.31%

Birmingham , MI

5 beds | 7 baths | 9,328 sq.ft.

$4,100,000

Airbnb cash on cash: N/A

Traditional cash on cash: -0.6%

Airbnb Rental Income: $null

Traditional Rental Income: $6402

Airbnb ROI: N/A

Traditional ROI: -0.6%

Birmingham , MI

3 beds | 6 baths | 4,590 sq.ft.

$2,999,000

Airbnb cash on cash: -1.08%

Traditional cash on cash: -0.53%

Airbnb Rental Income: $4012

Traditional Rental Income: $4687

Airbnb ROI: -1.08%

Traditional ROI: -0.53%

Detroit , MI

2 beds | 2 baths | 1,130 sq.ft.

$263,900

Airbnb cash on cash: 1.31%

Traditional cash on cash: 2.89%

Airbnb Rental Income: $2310

Traditional Rental Income: $2131

Airbnb ROI: 1.31%

Traditional ROI: 2.89%

Ann Arbor , MI

4 beds | 3 baths | 2,073 sq.ft.

$550,000

Airbnb cash on cash: 5.23%

Traditional cash on cash: 2.36%

Airbnb Rental Income: $5278

Traditional Rental Income: $2732

Airbnb ROI: 5.23%

Traditional ROI: 2.36%

Stevensville , MI

4 beds | 3 baths | 2,350 sq.ft.

$465,000