Real Estate Investment Properties for Sale in Alanson, MI

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
6373 Sunset Alanson, MI Enjoy stunning views of Crooked Lake from this charming 3-bedroom, 2-bathroom home in Eagl...	3 beds \| 2 baths \| 1,875 sq.ft.	$489,900	Airbnb cash on cash: 0.68% Traditional cash on cash: 2.7% Airbnb Rental Income: $2104 Traditional Rental Income: $2489 Airbnb ROI: 0.68% Traditional ROI: 2.7%
8262 Hilltop Alanson, MI This is the Northern Michigan farmhouse you have been waiting for. 16 acres, set in Alanso...	4 beds \| 2 baths \| 1,974 sq.ft.	$479,500	Airbnb cash on cash: 2.36% Traditional cash on cash: 3.12% Airbnb Rental Income: $2966 Traditional Rental Income: $2626 Airbnb ROI: 2.36% Traditional ROI: 3.12%
7170 Spring St Alanson, MI Renovated Inland Waterway Estate with Guest Bunkhouse on Crooked River. Rare opportunity t...	3 beds \| 2 baths \| 1,283 sq.ft.	$650,000	Airbnb cash on cash: 0.6% Traditional cash on cash: 1.33% Airbnb Rental Income: $2104 Traditional Rental Income: $2011 Airbnb ROI: 0.6% Traditional ROI: 1.33%
8018 Lake St Alanson, MI Located just north of Crooked Lake on Crooked River is this 3 bedroom, 2 bath home, with 3...	3 beds \| 2 baths \| 1,217 sq.ft.	$679,900	Airbnb cash on cash: -0.21% Traditional cash on cash: 0.6% Airbnb Rental Income: $2104 Traditional Rental Income: $2077 Airbnb ROI: -0.21% Traditional ROI: 0.6%
5441 Valley Alanson, MI Tucked along the banks of McPhee Creek, this private woodland property offers over 300 fee...	3 beds \| 2 baths \| 2,364 sq.ft.	$499,900	Airbnb cash on cash: 0.62% Traditional cash on cash: 3.95% Airbnb Rental Income: $2104 Traditional Rental Income: $3123 Airbnb ROI: 0.62% Traditional ROI: 3.95%
6402 Rustic Pine Trail Alanson, MI DESCRIPTION Custom Log Home on 180 Acres - Petoskey, Michigan At the end of a private, win...	3 beds \| 2 baths \| 3,000 sq.ft.	$1,500,000	Airbnb cash on cash: -0.24% Traditional cash on cash: 0.5% Airbnb Rental Income: $2104 Traditional Rental Income: $2597 Airbnb ROI: -0.24% Traditional ROI: 0.5%
8370 Lakeview Rd Alanson, MI 8370 Lakeview Rd, Alanson, MI 49706 \| Single Family Residential	2 beds \| 2 baths \| 2,160 sq.ft.	$1,695,000	Airbnb cash on cash: -1.59% Traditional cash on cash: -1.41% Airbnb Rental Income: $2111 Traditional Rental Income: $1854 Airbnb ROI: -1.59% Traditional ROI: -1.41%
4700 Oden Rd #1 Alanson, MI 4700 Oden #1 Rd, Alanson, MI 49706 \| Single Family Residential	1 beds \| 1 baths \| 335 sq.ft.	$285,000	Airbnb cash on cash: -1.62% Traditional cash on cash: -1.6% Airbnb Rental Income: $908 Traditional Rental Income: $573 Airbnb ROI: -1.62% Traditional ROI: -1.6%
8503 US 31 Hwy Alanson, MI 8503 US 31 Hwy, Alanson, MI 49706 \| Other	N/A beds \| N/A baths \| N/A	$139,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.87% Airbnb Rental Income: $null Traditional Rental Income: $543 Airbnb ROI: N/A Traditional ROI: 0.87%
7726 Lake St Alanson, MI 7726 Lake St, Alanson, MI 49706 \| Single Family Residential	5 beds \| 3 baths \| 2,600 sq.ft.	$549,900	Airbnb cash on cash: 4.69% Traditional cash on cash: 2.45% Airbnb Rental Income: $4788 Traditional Rental Income: $2651 Airbnb ROI: 4.69% Traditional ROI: 2.45%
6672 San Juan #80 Alanson, MI Call today and tour 6672 San Juan to experience all the amenities of the El Rancho communi...	1 beds \| 1 baths \| 397 sq.ft.	$126,900	Airbnb cash on cash: 1.02% Traditional cash on cash: 6.69% Airbnb Rental Income: $908 Traditional Rental Income: $1260 Airbnb ROI: 1.02% Traditional ROI: 6.69%
5546 Valley Alanson, MI Stunning and thoughtfully built in 2015, this home perfectly blends luxury, location, and ...	3 beds \| 3 baths \| 2,892 sq.ft.	$623,000	Airbnb cash on cash: 0% Traditional cash on cash: 3.13% Airbnb Rental Income: $2104 Traditional Rental Income: $3384 Airbnb ROI: 0% Traditional ROI: 3.13%
#52 Sunset Blvd Alanson, MI #52 Sunset Blvd, Alanson, MI 49706 \| Other	N/A beds \| N/A baths \| N/A	$37,000	Airbnb cash on cash: N/A Traditional cash on cash: 11.33% Airbnb Rental Income: $null Traditional Rental Income: $647 Airbnb ROI: N/A Traditional ROI: 11.33%
6373 Sunset Blvd Alanson, MI Enjoy stunning views of Crooked Lake from this charming 3-bedroom, 2-bathroom home in Eagl...	3 beds \| 2 baths \| 1,875 sq.ft.	$489,900	Airbnb cash on cash: 1.83% Traditional cash on cash: 4.11% Airbnb Rental Income: $2104 Traditional Rental Income: $2608 Airbnb ROI: 1.83% Traditional ROI: 4.11%
7830 Red Pine Trl Alanson, MI Enjoy living in this quite subdivision located just 15 minutes from Petoskey. Nice 5 bedro...	5 beds \| 3 baths \| 1,306 sq.ft.	$389,900	Airbnb cash on cash: 7.62% Traditional cash on cash: 2.67% Airbnb Rental Income: $4788 Traditional Rental Income: $1991 Airbnb ROI: 7.62% Traditional ROI: 2.67%
2760 Resort Rd Alanson, MI 2760 Resort Rd, Alanson, MI 49706 \| Other	N/A beds \| N/A baths \| N/A	$119,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.3% Airbnb Rental Income: $null Traditional Rental Income: $649 Airbnb ROI: N/A Traditional ROI: 2.3%
6955 Cedar Alanson, MI Tucked away on a quiet dead-end road, this beautifully well-built home sets on 1.67 acres ...	2 beds \| 1 baths \| 1,464 sq.ft.	$360,000	Airbnb cash on cash: 1.85% Traditional cash on cash: 2.4% Airbnb Rental Income: $2111 Traditional Rental Income: $1757 Airbnb ROI: 1.85% Traditional ROI: 2.4%
7028 Barney Alanson, MI Experience the perfect blend of privacy and comfort in this truly unique Northern Michigan...	3 beds \| 3 baths \| 1,700 sq.ft.	$349,000	Airbnb cash on cash: 1.96% Traditional cash on cash: 4.7% Airbnb Rental Income: $2104 Traditional Rental Income: $2461 Airbnb ROI: 1.96% Traditional ROI: 4.7%
3146 Hidden Ridge Road Alanson, MI	4 beds \| 2 baths \| 3,300 sq.ft.	$1,550,000	Airbnb cash on cash: 0.17% Traditional cash on cash: 0.48% Airbnb Rental Income: $2966 Traditional Rental Income: $2719 Airbnb ROI: 0.17% Traditional ROI: 0.48%

Real Estate investment in Alanson, MI

There are 21 properties for sale in the city of Alanson . The median list price in Alanson is $103,447 and the average price per square foot is $59. In June 2026, the average monthly cash on cash return in Alanson is 3.00%. The average monthly rental income in Alanson is $1,991.

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

There are 21 investment properties available for sale in Alanson.

In 2026, the best neighborhood to buy investment property is Alanson.

The ROI for Long-Term is higher than the Short-Term in Alanson with average rental income of $1,991.

Your search for investment property begins and ends here

Investment Property for Sale in Alanson, MI

6373 Sunset

Alanson, MI

3 beds | 2 baths | 1,875 sq.ft.

$489,900

Airbnb cash on cash: 0.68%

Traditional cash on cash: 2.7%

Airbnb Rental Income: $2104

Traditional Rental Income: $2489

Airbnb ROI: 0.68%

Traditional ROI: 2.7%

8262 Hilltop

Alanson, MI

4 beds | 2 baths | 1,974 sq.ft.

$479,500

Airbnb cash on cash: 2.36%

Traditional cash on cash: 3.12%

Airbnb Rental Income: $2966

Traditional Rental Income: $2626

Airbnb ROI: 2.36%

Traditional ROI: 3.12%

7170 Spring St

Alanson, MI

3 beds | 2 baths | 1,283 sq.ft.

$650,000

Airbnb cash on cash: 0.6%

Traditional cash on cash: 1.33%

Airbnb Rental Income: $2104

Traditional Rental Income: $2011

Airbnb ROI: 0.6%

Traditional ROI: 1.33%

8018 Lake St

Alanson, MI

3 beds | 2 baths | 1,217 sq.ft.

$679,900

Airbnb cash on cash: -0.21%

Traditional cash on cash: 0.6%

Airbnb Rental Income: $2104

Traditional Rental Income: $2077

Airbnb ROI: -0.21%

Traditional ROI: 0.6%

5441 Valley

Alanson, MI

3 beds | 2 baths | 2,364 sq.ft.

$499,900

Airbnb cash on cash: 0.62%

Traditional cash on cash: 3.95%

Airbnb Rental Income: $2104

Traditional Rental Income: $3123

Airbnb ROI: 0.62%

Traditional ROI: 3.95%

6402 Rustic Pine Trail

Alanson, MI

3 beds | 2 baths | 3,000 sq.ft.

$1,500,000

Airbnb cash on cash: -0.24%

Traditional cash on cash: 0.5%

Airbnb Rental Income: $2104

Traditional Rental Income: $2597

Airbnb ROI: -0.24%

Traditional ROI: 0.5%

8370 Lakeview Rd

Alanson, MI

2 beds | 2 baths | 2,160 sq.ft.

$1,695,000

Airbnb cash on cash: -1.59%

Traditional cash on cash: -1.41%

Airbnb Rental Income: $2111

Traditional Rental Income: $1854

Airbnb ROI: -1.59%

Traditional ROI: -1.41%

4700 Oden Rd #1

Alanson, MI

1 beds | 1 baths | 335 sq.ft.

$285,000

Airbnb cash on cash: -1.62%

Traditional cash on cash: -1.6%

Airbnb Rental Income: $908

Traditional Rental Income: $573

Airbnb ROI: -1.62%