Real Estate Investment Properties for Sale in Petoskey, MI

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
606 State Petoskey, MI Downtown Dream in Petoskey! Welcome to this stunning 4 bedroom, 3 full-bath & 2 half-bath ...	4 beds \| 5 baths \| 3,336 sq.ft.	$1,195,000	Airbnb cash on cash: 2.25% Traditional cash on cash: 1.56% Airbnb Rental Income: $6720 Traditional Rental Income: $4638 Airbnb ROI: 2.25% Traditional ROI: 1.56%
3358 Cemetery Petoskey, MI Location! Location! We all know location is everything...32 acres just minutes from Petosk...	3 beds \| 2 baths \| 2,280 sq.ft.	$799,000	Airbnb cash on cash: 1.03% Traditional cash on cash: 0.81% Airbnb Rental Income: $3518 Traditional Rental Income: $2577 Airbnb ROI: 1.03% Traditional ROI: 0.81%
3400 Lakeside Dr S Apt 19, Petoskey, MI, 49770 Petoskey, MI	2 beds \| 2 baths \| N/A	$274,000	Airbnb cash on cash: 9.34% Traditional cash on cash: 3.16% Airbnb Rental Income: $4015 Traditional Rental Income: $1561 Airbnb ROI: 9.34% Traditional ROI: 3.16%
1402 Woodview Petoskey, MI Your Peaceful Retreat Awaits in Woodview Meadows. Custom Home, Prime Location, Modern Comf...	4 beds \| 4 baths \| 3,907 sq.ft.	$855,000	Airbnb cash on cash: 4.15% Traditional cash on cash: 2.1% Airbnb Rental Income: $6720 Traditional Rental Income: $3779 Airbnb ROI: 4.15% Traditional ROI: 2.1%
4780 Howard Petoskey, MI This beautifully renovated 4-bedroom, 2-bath countryside farmhouse is nearing the final st...	4 beds \| 2 baths \| 1,864 sq.ft.	$749,000	Airbnb cash on cash: 5.09% Traditional cash on cash: 0.92% Airbnb Rental Income: $6720 Traditional Rental Income: $2499 Airbnb ROI: 5.09% Traditional ROI: 0.92%
11220 Pickerel Lake Petoskey, MI Stone house on 160 acres near Pickeral Lake! Indulge in the ultimate retreat w/ this charm...	3 beds \| 2 baths \| 1,794 sq.ft.	$945,000	Airbnb cash on cash: 0.48% Traditional cash on cash: 0.23% Airbnb Rental Income: $3518 Traditional Rental Income: $2518 Airbnb ROI: 0.48% Traditional ROI: 0.23%
1675 Intertown Petoskey, MI Exceptional development opportunity in the heart of Emmet County! This property is a devel...	2 beds \| 1 baths \| 1,100 sq.ft.	$1,200,000	Airbnb cash on cash: 0.08% Traditional cash on cash: -1.34% Airbnb Rental Income: $3830 Traditional Rental Income: $1422 Airbnb ROI: 0.08% Traditional ROI: -1.34%
358 N Harbor View Petoskey, MI Welcome to 358 Harbor View Ln in Petoskey, MI, where modern style meets functional design ...	3 beds \| 2 baths \| 1,648 sq.ft.	$845,000	Airbnb cash on cash: 0.84% Traditional cash on cash: 0.3% Airbnb Rental Income: $3518 Traditional Rental Income: $2320 Airbnb ROI: 0.84% Traditional ROI: 0.3%
9669 Trails End Petoskey, MI Complete turn key sale of an impeccably kept home on Pickerel Lake. This is an incredible...	4 beds \| 3 baths \| 2,284 sq.ft.	$1,850,000	Airbnb cash on cash: 0.56% Traditional cash on cash: -0.71% Airbnb Rental Income: $6720 Traditional Rental Income: $3216 Airbnb ROI: 0.56% Traditional ROI: -0.71%
9669 Trails End Road Petoskey, MI Complete turn key sale of an impeccably kept home on Pickerel Lake. This is an incredible...	4 beds \| 3 baths \| 2,284 sq.ft.	$1,850,000	Airbnb cash on cash: 1.56% Traditional cash on cash: 0.13% Airbnb Rental Income: $6720 Traditional Rental Income: $2962 Airbnb ROI: 1.56% Traditional ROI: 0.13%
3221 Krause Rd Petoskey, MI It is unique, 1 of a kind! Total privacy with 40 acres of your own to roam on. Property ...	3 beds \| N/A baths \| 2,020 sq.ft.	$649,999	Airbnb cash on cash: 1.84% Traditional cash on cash: 0.97% Airbnb Rental Income: $3518 Traditional Rental Income: $2217 Airbnb ROI: 1.84% Traditional ROI: 0.97%
1209 BUCKLEY Petoskey, MI Welcome to 1209 Buckley Ave, a charming 3-bedroom, 1-bathroom home conveniently located in...	3 beds \| 1 baths \| 1,754 sq.ft.	$339,900	Airbnb cash on cash: 5.77% Traditional cash on cash: 2.64% Airbnb Rental Income: $3518 Traditional Rental Income: $1743 Airbnb ROI: 5.77% Traditional ROI: 2.64%
825 Evergreen Ct. Petoskey, MI LOCATION! Just outside the city in a wonderful Petoskey neighborhood sits a beautiful hom...	5 beds \| 4 baths \| 3,600 sq.ft.	$714,500	Airbnb cash on cash: 8.21% Traditional cash on cash: 3.03% Airbnb Rental Income: $8925 Traditional Rental Income: $3799 Airbnb ROI: 8.21% Traditional ROI: 3.03%
931 Intertown Petoskey, MI Well maintained ranch style home on 5 acres. Main floor living. Charming sun room with a w...	4 beds \| 3 baths \| 2,628 sq.ft.	$500,000	Airbnb cash on cash: 8.85% Traditional cash on cash: 3.63% Airbnb Rental Income: $6720 Traditional Rental Income: $2973 Airbnb ROI: 8.85% Traditional ROI: 3.63%
106 E Mitchell Petoskey, MI Perched overlooking the City of Petoskey is this Victorian beauty. This home has been own...	4 beds \| 3 baths \| 4,000 sq.ft.	$698,000	Airbnb cash on cash: 5.64% Traditional cash on cash: 2.08% Airbnb Rental Income: $6720 Traditional Rental Income: $3096 Airbnb ROI: 5.64% Traditional ROI: 2.08%
702 Michigan Petoskey, MI Located within easy walking distance of downtown Petoskey's Gaslight District, this fully ...	4 beds \| 5 baths \| 3,086 sq.ft.	$949,000	Airbnb cash on cash: 3.49% Traditional cash on cash: 2.55% Airbnb Rental Income: $6720 Traditional Rental Income: $4582 Airbnb ROI: 3.49% Traditional ROI: 2.55%
7555 CHANNEL Petoskey, MI Welcome to 7555 Channel Road in Petoskey where you will discover the serene beauty of Croo...	3 beds \| 2 baths \| 1,588 sq.ft.	$949,000	Airbnb cash on cash: 0.47% Traditional cash on cash: 0.2% Airbnb Rental Income: $3518 Traditional Rental Income: $2501 Airbnb ROI: 0.47% Traditional ROI: 0.2%
290 & 260 Mitchell Hills Drive Petoskey, MI Experience luxury living in this exquisite custom-built home, perfectly positioned just be...	4 beds \| 5 baths \| 5,600 sq.ft.	$1,495,000	Airbnb cash on cash: 1.3% Traditional cash on cash: 1.35% Airbnb Rental Income: $6720 Traditional Rental Income: $5484 Airbnb ROI: 1.3% Traditional ROI: 1.35%
222 Ann St. Petoskey, MI Double in-town lot! The location of this home allows access to all Petoskey has to offer....	3 beds \| 2 baths \| 2,072 sq.ft.	$349,500	Airbnb cash on cash: 5.55% Traditional cash on cash: 4.74% Airbnb Rental Income: $3518 Traditional Rental Income: $2479 Airbnb ROI: 5.55% Traditional ROI: 4.74%
445 Crooked Tree Petoskey, MI Welcome to this exquisite 4 bedroom, 4 bath home nestled in the prestigious Crooked Tree G...	4 beds \| 4 baths \| 3,642 sq.ft.	$1,750,000	Airbnb cash on cash: 0.74% Traditional cash on cash: -0.3% Airbnb Rental Income: $6720 Traditional Rental Income: $3729 Airbnb ROI: 0.74% Traditional ROI: -0.3%
3877 Leslie #15 Petoskey, MI Welcome to this brand-new ranch-style duplex nestled in the countryside, offering two bedr...	2 beds \| 2 baths \| 1,013 sq.ft.	$309,900	Airbnb cash on cash: 7.46% Traditional cash on cash: 4.33% Airbnb Rental Income: $3830 Traditional Rental Income: $2091 Airbnb ROI: 7.46% Traditional ROI: 4.33%
3911 Leslie #17 Petoskey, MI Discover serene country living in this brand-new ranch-style duplex, featuring two bedroom...	2 beds \| 2 baths \| 1,013 sq.ft.	$309,900	Airbnb cash on cash: 7.46% Traditional cash on cash: 4.63% Airbnb Rental Income: $3830 Traditional Rental Income: $2179 Airbnb ROI: 7.46% Traditional ROI: 4.63%

Real Estate investment in Petoskey, MI

There are 22 properties for sale in the city of Petoskey . The median list price in Petoskey is $731,750 and the average price per square foot is $298. In November 2024, the average monthly cash on cash return in Petoskey is 2.00%. The average monthly rental income in Petoskey is $2,599.

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

There are 22 investment properties available for sale in Petoskey.

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

The ROI for Short-Term is higher than the Long-Term in Petoskey with average rental income of $6,720.

Your search for investment property begins and ends here

Investment Property for Sale in Petoskey, MI

606 State

Petoskey, MI

4 beds | 5 baths | 3,336 sq.ft.

$1,195,000

Airbnb cash on cash: 2.25%

Traditional cash on cash: 1.56%

Airbnb Rental Income: $6720

Traditional Rental Income: $4638

Airbnb ROI: 2.25%

Traditional ROI: 1.56%

3358 Cemetery

Petoskey, MI

3 beds | 2 baths | 2,280 sq.ft.

$799,000

Airbnb cash on cash: 1.03%

Traditional cash on cash: 0.81%

Airbnb Rental Income: $3518

Traditional Rental Income: $2577

Airbnb ROI: 1.03%

Traditional ROI: 0.81%

3400 Lakeside Dr S Apt 19, Petoskey, MI, 49770

Petoskey, MI

2 beds | 2 baths | N/A

$274,000

Airbnb cash on cash: 9.34%

Traditional cash on cash: 3.16%

Airbnb Rental Income: $4015

Traditional Rental Income: $1561

Airbnb ROI: 9.34%

Traditional ROI: 3.16%

1402 Woodview

Petoskey, MI

4 beds | 4 baths | 3,907 sq.ft.

$855,000

Airbnb cash on cash: 4.15%

Traditional cash on cash: 2.1%

Airbnb Rental Income: $6720

Traditional Rental Income: $3779

Airbnb ROI: 4.15%

Traditional ROI: 2.1%

4780 Howard

Petoskey, MI

4 beds | 2 baths | 1,864 sq.ft.

$749,000

Airbnb cash on cash: 5.09%

Traditional cash on cash: 0.92%

Airbnb Rental Income: $6720

Traditional Rental Income: $2499

Airbnb ROI: 5.09%

Traditional ROI: 0.92%

11220 Pickerel Lake

Petoskey, MI

3 beds | 2 baths | 1,794 sq.ft.

$945,000

Airbnb cash on cash: 0.48%

Traditional cash on cash: 0.23%

Airbnb Rental Income: $3518

Traditional Rental Income: $2518

Airbnb ROI: 0.48%

Traditional ROI: 0.23%

1675 Intertown

Petoskey, MI

2 beds | 1 baths | 1,100 sq.ft.

$1,200,000

Airbnb cash on cash: 0.08%

Traditional cash on cash: -1.34%

Airbnb Rental Income: $3830

Traditional Rental Income: $1422

Airbnb ROI: 0.08%

Traditional ROI: -1.34%

358 N Harbor View

Petoskey, MI

3 beds | 2 baths | 1,648 sq.ft.

$845,000

Airbnb cash on cash: 0.84%

Traditional cash on cash: 0.3%

Airbnb Rental Income: $3518

Traditional Rental Income: $2320

Airbnb ROI: 0.84%