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
8018 Lake Street Alanson, MI Crooked River is calling your name! This updated 3-bedroom, 2-bathroom home offers approxi...	3 beds \| 2 baths \| 1,023 sq.ft.	$624,900	Airbnb cash on cash: 0.31% Traditional cash on cash: 0.87% Airbnb Rental Income: $2326 Traditional Rental Income: $2077 Airbnb ROI: 0.31% Traditional ROI: 0.87%
7028 Barney Road Alanson, MI Experience the perfect blend of privacy and comfort in this truly unique Northern Michigan...	3 beds \| 3 baths \| 1,700 sq.ft.	$225,000	Airbnb cash on cash: 5.26% Traditional cash on cash: 6.54% Airbnb Rental Income: $2326 Traditional Rental Income: $2022 Airbnb ROI: 5.26% Traditional ROI: 6.54%
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: -1.74% Traditional cash on cash: -1.41% Airbnb Rental Income: $1829 Traditional Rental Income: $1854 Airbnb ROI: -1.74% Traditional ROI: -1.41%
4700 Oden #1 Rd Alanson, MI 4700 Oden #1 Rd, Alanson, MI 49706 \| Single Family Residential	1 beds \| 1 baths \| 335 sq.ft.	$250,000	Airbnb cash on cash: -1.71% Traditional cash on cash: -1.47% Airbnb Rental Income: $844 Traditional Rental Income: $573 Airbnb ROI: -1.71% Traditional ROI: -1.47%
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: -2.85% Traditional cash on cash: 0.87% Airbnb Rental Income: $283 Traditional Rental Income: $543 Airbnb ROI: -2.85% Traditional ROI: 0.87%
#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: -4.1% Traditional cash on cash: 11.33% Airbnb Rental Income: $283 Traditional Rental Income: $647 Airbnb ROI: -4.1% Traditional ROI: 11.33%
3670 ODEN 9 Alanson, MI Two deeded boat slips. A private dock. Steps from your door to Crooked Lake and the full I...	2 beds \| 2 baths \| 940 sq.ft.	$585,900	Airbnb cash on cash: 1.19% Traditional cash on cash: 2.68% Airbnb Rental Income: $1829 Traditional Rental Income: $2150 Airbnb ROI: 1.19% Traditional ROI: 2.68%
3670 ODEN 5 Alanson, MI OPEN HOUSE: Wednesday 10/28/26 11am to 2PM. Two deeded boat slips. A private dock. Direct ...	2 beds \| 2 baths \| 940 sq.ft.	$569,000	Airbnb cash on cash: 1.25% Traditional cash on cash: 2.71% Airbnb Rental Income: $1829 Traditional Rental Income: $2109 Airbnb ROI: 1.25% Traditional ROI: 2.71%
5128 Burt Lake Views Dr Alanson, MI 5128 Burt Lake Views Dr, Alanson, MI 49706 \| Single Family Residential	3 beds \| 2 baths \| 1,350 sq.ft.	$324,900	Airbnb cash on cash: 2.82% Traditional cash on cash: 3.51% Airbnb Rental Income: $2326 Traditional Rental Income: $1958 Airbnb ROI: 2.82% Traditional ROI: 3.51%
6261 East St #& 6234 East St Alanson, MI 6261 East St #& 6234 East St, Alanson, MI 49706 \| Other	N/A beds \| N/A baths \| N/A	$260,000	Airbnb cash on cash: -2.71% Traditional cash on cash: -0.14% Airbnb Rental Income: $283 Traditional Rental Income: $677 Airbnb ROI: -2.71% Traditional ROI: -0.14%
7847 Lake Street Alanson, MI A rare Northern Michigan waterfront opportunity on the legendary Inland Waterway! This exc...	2 beds \| 1 baths \| 930 sq.ft.	$375,000	Airbnb cash on cash: 1.19% Traditional cash on cash: 0.36% Airbnb Rental Income: $1829 Traditional Rental Income: $1041 Airbnb ROI: 1.19% Traditional ROI: 0.36%
4444 Oden Road #5 Alanson, MI Crooked Lake! This exceptional 4,000+ sq ft end unit offers unparalleled luxury and privac...	4 beds \| 6 baths \| 4,040 sq.ft.	$1,410,000	Airbnb cash on cash: -2.05% Traditional cash on cash: -0.75% Airbnb Rental Income: $2096 Traditional Rental Income: $3269 Airbnb ROI: -2.05% Traditional ROI: -0.75%
10522 Rotter Road Alanson, MI Authentic 30-acre working farm in Northern Michigan, just 20 miles from Petoskey and 5 mil...	4 beds \| 3 baths \| 1,922 sq.ft.	$599,900	Airbnb cash on cash: 0.09% Traditional cash on cash: 1% Airbnb Rental Income: $2096 Traditional Rental Income: $2068 Airbnb ROI: 0.09% Traditional ROI: 1%
2109 Manitoba Trail Alanson, MI Nestled in a beautiful wooded setting, this newly remodeled 4-bedroom home offers the perf...	4 beds \| 2 baths \| 2,315 sq.ft.	$550,000	Airbnb cash on cash: 0.32% Traditional cash on cash: 1.61% Airbnb Rental Income: $2096 Traditional Rental Income: $2218 Airbnb ROI: 0.32% Traditional ROI: 1.61%
7328 Milton Street Alanson, MI Welcome to this great investment opportunity on a double lot overlooking the charming vill...	3 beds \| 1 baths \| 1,323 sq.ft.	$175,000	Airbnb cash on cash: 8.13% Traditional cash on cash: 7.91% Airbnb Rental Income: $2326 Traditional Rental Income: $1713 Airbnb ROI: 8.13% Traditional ROI: 7.91%
3670 ODEN 4&5 Alanson, MI Four deeded boat slips. two private docks. Direct access to Crooked Lake and now, a rare o...	4 beds \| 4 baths \| 2,000 sq.ft.	$1,339,000	Airbnb cash on cash: -1.35% Traditional cash on cash: 0.8% Airbnb Rental Income: $2096 Traditional Rental Income: $4233 Airbnb ROI: -1.35% Traditional ROI: 0.8%
3670 ODEN 4 Alanson, MI Two deeded boat slips. A private dock. Direct access to Crooked Lake. For the serious boat...	2 beds \| 2 baths \| 940 sq.ft.	$629,000	Airbnb cash on cash: -0.41% Traditional cash on cash: -0.84% Airbnb Rental Income: $1829 Traditional Rental Income: $1083 Airbnb ROI: -0.41% Traditional ROI: -0.84%
7328 Milton Road Alanson, MI Welcome to this great investment opportunity on a double lot overlooking the charming vill...	3 beds \| 1 baths \| 1,323 sq.ft.	$175,000	Airbnb cash on cash: 8.13% Traditional cash on cash: 3.68% Airbnb Rental Income: $2326 Traditional Rental Income: $1008 Airbnb ROI: 8.13% Traditional ROI: 3.68%
2020 Lakeview Lane Alanson, MI Discover Northern Michigan living in this spacious 4-bedroom, 3-bathroom home situated on ...	4 beds \| 3 baths \| 1,965 sq.ft.	$368,000	Airbnb cash on cash: 2.62% Traditional cash on cash: 5% Airbnb Rental Income: $2096 Traditional Rental Income: $2382 Airbnb ROI: 2.62% Traditional ROI: 5%

Real Estate investment in Alanson, MI

There are 21 properties for sale in the city of Alanson . The median list price in Alanson is $649,691 and the average price per square foot is $395. In November 2026, the average monthly cash on cash return in Alanson is 4.00%. The average monthly rental income in Alanson is $1,652.

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 $1,652.

Your search for investment property begins and ends here

Investment Property for Sale in Alanson, MI

8018 Lake Street

Alanson, MI

3 beds | 2 baths | 1,023 sq.ft.

$624,900

Airbnb cash on cash: 0.31%

Traditional cash on cash: 0.87%

Airbnb Rental Income: $2326

Traditional Rental Income: $2077

Airbnb ROI: 0.31%

Traditional ROI: 0.87%

7028 Barney Road

Alanson, MI

3 beds | 3 baths | 1,700 sq.ft.

$225,000

Airbnb cash on cash: 5.26%

Traditional cash on cash: 6.54%

Airbnb Rental Income: $2326

Traditional Rental Income: $2022

Airbnb ROI: 5.26%

Traditional ROI: 6.54%

8370 Lakeview Rd

Alanson, MI

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

$1,695,000

Airbnb cash on cash: -1.74%

Traditional cash on cash: -1.41%

Airbnb Rental Income: $1829

Traditional Rental Income: $1854

Airbnb ROI: -1.74%

Traditional ROI: -1.41%

4700 Oden #1 Rd

Alanson, MI

1 beds | 1 baths | 335 sq.ft.

$250,000

Airbnb cash on cash: -1.71%

Traditional cash on cash: -1.47%

Airbnb Rental Income: $844

Traditional Rental Income: $573

Airbnb ROI: -1.71%

Traditional ROI: -1.47%

8503 US 31 Hwy

Alanson, MI

N/A beds | N/A baths | N/A

$139,000

Airbnb cash on cash: -2.85%

Traditional cash on cash: 0.87%

Airbnb Rental Income: $283

Traditional Rental Income: $543

Airbnb ROI: -2.85%

Traditional ROI: 0.87%

#52 Sunset Blvd

Alanson, MI

N/A beds | N/A baths | N/A

$37,000

Airbnb cash on cash: -4.1%

Traditional cash on cash: 11.33%

Airbnb Rental Income: $283

Traditional Rental Income: $647

Airbnb ROI: -4.1%

Traditional ROI: 11.33%

3670 ODEN 9

Alanson, MI

2 beds | 2 baths | 940 sq.ft.

$585,900

Airbnb cash on cash: 1.19%

Traditional cash on cash: 2.68%

Airbnb Rental Income: $1829

Traditional Rental Income: $2150

Airbnb ROI: 1.19%

Traditional ROI: 2.68%

3670 ODEN 5

Alanson, MI

2 beds | 2 baths | 940 sq.ft.

$569,000

Airbnb cash on cash: 1.25%

Traditional cash on cash: 2.71%

Airbnb Rental Income: $1829

Traditional Rental Income: $2109

Airbnb ROI: 1.25%