Real Estate Investment Properties for Sale in Allegan, MI

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

Explore a variety of short-term homes & houses in Allegan, MI. Invest wisely with VRBO & Allegan, MI Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

W Wheatfield Twp Investment Property for Sale in Allegan, MI

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Showing 56 W Wheatfield Twp Investment Property listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
161 North Street Allegan, MI Welcome to this charming traditional home offering comfort, functionality, and flexible li...	2 beds \| 1 baths \| 1,230 sq.ft.	$200,000	Airbnb cash on cash: 0.81% Traditional cash on cash: 3.43% Airbnb Rental Income: $1144 Traditional Rental Income: $1260 Airbnb ROI: 0.81% Traditional ROI: 3.43%
3658 Allegan Dam Road Allegan, MI This is the one: 3-bedroom, 3-bath ranch set on a quiet stretch just outside the city of A...	3 beds \| 3 baths \| 2,701 sq.ft.	$469,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.78% Airbnb Rental Income: $null Traditional Rental Income: $3013 Airbnb ROI: N/A Traditional ROI: 4.78%
1938 Lincoln Road Allegan, MI Now offering 5 bedrooms with the newly added bedroom in the finished walkout basement!...	5 beds \| 4 baths \| 2,531 sq.ft.	$445,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.33% Airbnb Rental Income: $null Traditional Rental Income: $2978 Airbnb ROI: N/A Traditional ROI: 4.33%
1759 Grant Drive Allegan, MI Why rent when you can own? This beautifully remodeled home is the perfect opportunity to s...	2 beds \| 1 baths \| 672 sq.ft.	$135,000	Airbnb cash on cash: 3.67% Traditional cash on cash: 7.72% Airbnb Rental Income: $1144 Traditional Rental Income: $1290 Airbnb ROI: 3.67% Traditional ROI: 7.72%
4579 W 110th Avenue Allegan, MI Welcome to this charming home at 4579 W 110th Ave. This inviting residence features a spac...	3 beds \| 1 baths \| 1,364 sq.ft.	$335,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.62% Airbnb Rental Income: $null Traditional Rental Income: $1963 Airbnb ROI: N/A Traditional ROI: 4.62%
1202 Lincoln Road Allegan, MI Don't miss out on this SWEET home that boasts a brand new metal roof, privacy fence, septi...	2 beds \| 1 baths \| 1,340 sq.ft.	$129,900	Airbnb cash on cash: 3.39% Traditional cash on cash: 10.45% Airbnb Rental Income: $1144 Traditional Rental Income: $1646 Airbnb ROI: 3.39% Traditional ROI: 10.45%
4477 104th Avenue Allegan, MI 38.85 acre hobby farm featuring cozy 3 bed 1 bath home with brazilian tigerwood flooring a...	3 beds \| 1 baths \| 2,026 sq.ft.	$555,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.22% Airbnb Rental Income: $null Traditional Rental Income: $1962 Airbnb ROI: N/A Traditional ROI: 2.22%
2529 Miner Lake Drive Allegan, MI Discover this beautifully updated 3-season cottage with 83 feet of sandy-bottom Miner Lake...	1 beds \| 1 baths \| 641 sq.ft.	$469,900	Airbnb cash on cash: N/A Traditional cash on cash: 0.97% Airbnb Rental Income: $null Traditional Rental Income: $1359 Airbnb ROI: N/A Traditional ROI: 0.97%
360 N Sherman Street Allegan, MI New construction home in River Ridge Village in the Allegan school district. This thoughtf...	4 beds \| 3 baths \| 1,910 sq.ft.	$354,900	Airbnb cash on cash: 3.03% Traditional cash on cash: 5.42% Airbnb Rental Income: $2008 Traditional Rental Income: $2280 Airbnb ROI: 3.03% Traditional ROI: 5.42%
362 N Sherman Street Allegan, MI New construction home in River Ridge Village in the Allegan school district. This spacious...	2 beds \| 3 baths \| 1,798 sq.ft.	$329,900	Airbnb cash on cash: -0.36% Traditional cash on cash: 3.81% Airbnb Rental Income: $1144 Traditional Rental Income: $2057 Airbnb ROI: -0.36% Traditional ROI: 3.81%
2303 38th Street Allegan, MI Have you ever dreamed of living in a castle? Inspired by the 15th century gothic period bu...	5 beds \| 4 baths \| 7,529 sq.ft.	$2,150,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.1% Airbnb Rental Income: $null Traditional Rental Income: $3845 Airbnb ROI: N/A Traditional ROI: 0.1%
328 Thomas Street Allegan, MI Ranch style home in a great area. There are many great features. Three bedrooms, full walk...	3 beds \| 1 baths \| 1,608 sq.ft.	$365,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.48% Airbnb Rental Income: $null Traditional Rental Income: $1891 Airbnb ROI: N/A Traditional ROI: 3.48%
238 41st Street Allegan, MI Nestled in a quiet country setting, this beautiful 4-bedroom, 2-full-bath home sits on 15 ...	2 beds \| 2 baths \| 2,185 sq.ft.	$299,999	Airbnb cash on cash: 0.76% Traditional cash on cash: 8.51% Airbnb Rental Income: $1144 Traditional Rental Income: $2953 Airbnb ROI: 0.76% Traditional ROI: 8.51%
1182 34th Street Allegan, MI Private 83-acre luxury retreat built in 2023, offering the perfect blend of modern farmhou...	3 beds \| 2 baths \| 2,376 sq.ft.	$1,800,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.26% Airbnb Rental Income: $null Traditional Rental Income: $2818 Airbnb ROI: N/A Traditional ROI: -0.26%
370 Sherman Street Allegan, MI New construction home in River Ridge Village in the Allegan school district. This distinct...	5 beds \| 3 baths \| 2,083 sq.ft.	$349,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.27% Airbnb Rental Income: $null Traditional Rental Income: $2859 Airbnb ROI: N/A Traditional ROI: 7.27%
654 Vernon Street Allegan, MI This cozy 2 bedroom, 1 bath home is move-in ready with many recent updates. It has new car...	2 beds \| 1 baths \| 572 sq.ft.	$135,000	Airbnb cash on cash: 3.06% Traditional cash on cash: 6.7% Airbnb Rental Income: $1144 Traditional Rental Income: $1236 Airbnb ROI: 3.06% Traditional ROI: 6.7%
3513 Monroe Road Allegan, MI Experience lakeside luxury with this move-in-ready, 3-bedroom, 1-bathroom home offering ov...	3 beds \| 1 baths \| 1,615 sq.ft.	$355,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.51% Airbnb Rental Income: $null Traditional Rental Income: $1056 Airbnb ROI: N/A Traditional ROI: 1.51%
2523 Vanhorn Court Allegan, MI Miner lake access with two dedicated dock spaces!! Don't miss this rare opportunity to hav...	4 beds \| 3 baths \| 1,564 sq.ft.	$725,000	Airbnb cash on cash: 0.16% Traditional cash on cash: 0.56% Airbnb Rental Income: $2008 Traditional Rental Income: $1750 Airbnb ROI: 0.16% Traditional ROI: 0.56%
4373 Macdougall Drive Allegan, MI NEW CONSTUCTION great recreational Area in Allegan ATV trails many lakes for fishing or al...	3 beds \| 2 baths \| 1,512 sq.ft.	$224,999	Airbnb cash on cash: N/A Traditional cash on cash: 2% Airbnb Rental Income: $null Traditional Rental Income: $1056 Airbnb ROI: N/A Traditional ROI: 2%
3680 Allegan Dam Road Allegan, MI Very Spacious Home With Huge Closets ! Over 2400 Sq Ft Of Ranch Home Sitting On About Thre...	3 beds \| 3 baths \| 2,400 sq.ft.	$430,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.2% Airbnb Rental Income: $null Traditional Rental Income: $2969 Airbnb ROI: N/A Traditional ROI: 5.2%
3683 109th Avenue Allegan, MI Classic Brick Tudor with 5 bedrooms and 3 full baths on 2.6 acres for $299,900. Main floor...	5 beds \| 3 baths \| 2,280 sq.ft.	$299,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.04% Airbnb Rental Income: $null Traditional Rental Income: $2651 Airbnb ROI: N/A Traditional ROI: 7.04%
1791 33rd Street Allegan, MI Tucked away on a quiet dead-end street in Allegan, this inviting bi-level home offers comf...	4 beds \| 2 baths \| 1,728 sq.ft.	$320,000	Airbnb cash on cash: 2.88% Traditional cash on cash: 6.01% Airbnb Rental Income: $2008 Traditional Rental Income: $2429 Airbnb ROI: 2.88% Traditional ROI: 6.01%
466 27th Street Allegan, MI Unique opportunity to own a Organic blueberry operation complete with gas and mineral righ...	3 beds \| 1 baths \| 1,384 sq.ft.	$1,350,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.11% Airbnb Rental Income: $null Traditional Rental Income: $1805 Airbnb ROI: N/A Traditional ROI: 0.11%
327 Monroe Street Allegan, MI This stunning historical home combines classic charm with modern amenities! With 4 bedroom...	4 beds \| 2 baths \| 3,211 sq.ft.	$329,900	Airbnb cash on cash: 2.24% Traditional cash on cash: 5.98% Airbnb Rental Income: $2008 Traditional Rental Income: $2644 Airbnb ROI: 2.24% Traditional ROI: 5.98%
182 40th Street Allegan, MI Situated on 6 beautiful country acres, this lovely farmhouse is ready for you to move righ...	4 beds \| 1 baths \| 1,814 sq.ft.	$264,900	Airbnb cash on cash: 3.27% Traditional cash on cash: 5.01% Airbnb Rental Income: $2008 Traditional Rental Income: $1920 Airbnb ROI: 3.27% Traditional ROI: 5.01%
211 Western Avenue Allegan, MI Welcome to this spacious 4-bedroom, 1.5-bath home located in the heart of Allegan! Offerin...	4 beds \| 2 baths \| 1,591 sq.ft.	$215,000	Airbnb cash on cash: 4.45% Traditional cash on cash: 9.04% Airbnb Rental Income: $2008 Traditional Rental Income: $2420 Airbnb ROI: 4.45% Traditional ROI: 9.04%
704 38th Street Allegan, MI Quaint Ranch Home in Country Like Setting! This 3BR and 2 bath Ranch is situated on nearly...	3 beds \| 2 baths \| 1,173 sq.ft.	$232,500	Airbnb cash on cash: N/A Traditional cash on cash: 5.52% Airbnb Rental Income: $null Traditional Rental Income: $1894 Airbnb ROI: N/A Traditional ROI: 5.52%
3310 Dumont Lake Drive Allegan, MI Looking for your own affordable lake retreat? This charming home sits on a spacious double...	2 beds \| 1 baths \| 1,260 sq.ft.	$164,900	Airbnb cash on cash: 1.47% Traditional cash on cash: 6.79% Airbnb Rental Income: $1144 Traditional Rental Income: $1602 Airbnb ROI: 1.47% Traditional ROI: 6.79%
4355 117th Avenue Allegan, MI Affordable 3 Bed, 2.5 Bath on Nearly 1 Acre - Valley Township. This manufactured home sits...	3 beds \| 3 baths \| 1,352 sq.ft.	$190,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.16% Airbnb Rental Income: $null Traditional Rental Income: $2013 Airbnb ROI: N/A Traditional ROI: 9.16%
3969 121st Avenue Allegan, MI Open House Sunday, March 15th 2:00-3:30! First time ever on the market!! Spacious, 5-bed, ...	5 beds \| 3 baths \| 2,781 sq.ft.	$495,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.87% Airbnb Rental Income: $null Traditional Rental Income: $2318 Airbnb ROI: N/A Traditional ROI: 2.87%
3752 Schermerhorn Lake Drive Allegan, MI PRICE DROP - MOTIVATED SELLER...Rare custom-built lakefront home in the private Schermerho...	3 beds \| 3 baths \| 3,022 sq.ft.	$729,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.07% Airbnb Rental Income: $null Traditional Rental Income: $3571 Airbnb ROI: N/A Traditional ROI: 3.07%
557 Ely Street Allegan, MI Welcome to this charming 3-bedroom ranch offering over 1,400 finished sqft. Recent upgrade...	3 beds \| 1 baths \| 1,658 sq.ft.	$226,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.89% Airbnb Rental Income: $null Traditional Rental Income: $1970 Airbnb ROI: N/A Traditional ROI: 6.89%
4381 Aspen Drive Allegan, MI new home under 200k take a look great location for side by sides lots of lakes all kids of...	3 beds \| 2 baths \| 1,216 sq.ft.	$159,900	Airbnb cash on cash: N/A Traditional cash on cash: 10.41% Airbnb Rental Income: $null Traditional Rental Income: $2065 Airbnb ROI: N/A Traditional ROI: 10.41%
1657 Nature View LN Allegan, MI Well-maintained 3-bedroom, 2-bath bi-level home situated on a private drive on a 2-acre pa...	3 beds \| 2 baths \| 2,215 sq.ft.	$359,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.54% Airbnb Rental Income: $null Traditional Rental Income: $2812 Airbnb ROI: N/A Traditional ROI: 5.54%
223 North Street Allegan, MI Estate sale offering a value-add opportunity with solid bones. This 3 bed/1.5 bath home si...	3 beds \| 2 baths \| 1,512 sq.ft.	$157,500	Airbnb cash on cash: N/A Traditional cash on cash: 4.37% Airbnb Rental Income: $null Traditional Rental Income: $1056 Airbnb ROI: N/A Traditional ROI: 4.37%
525 Hubbard Street Allegan, MI Charming four-bedroom, one-and-a-half-bath two-story home filled with gorgeous original wo...	4 beds \| 2 baths \| 1,882 sq.ft.	$235,000	Airbnb cash on cash: 3.74% Traditional cash on cash: 4.94% Airbnb Rental Income: $2008 Traditional Rental Income: $1750 Airbnb ROI: 3.74% Traditional ROI: 4.94%
1161 Kimbel Drive Allegan, MI Great home on private dr.	4 beds \| 2 baths \| 2,052 sq.ft.	$165,000	Airbnb cash on cash: 6.48% Traditional cash on cash: 8.17% Airbnb Rental Income: $2008 Traditional Rental Income: $1750 Airbnb ROI: 6.48% Traditional ROI: 8.17%
3307 Lake Drive Allegan, MI Set on a picturesque one-acre parcel overlooking the Kalamazoo River, this spacious two-st...	4 beds \| 3 baths \| 3,233 sq.ft.	$480,000	Airbnb cash on cash: 1.52% Traditional cash on cash: 2.12% Airbnb Rental Income: $2008 Traditional Rental Income: $1750 Airbnb ROI: 1.52% Traditional ROI: 2.12%
3382 Monroe Road Allegan, MI Unlock the potential of this charming Cape Cod home, just a block off M-89/M-40 for ultima...	2 beds \| 2 baths \| 1,568 sq.ft.	$179,900	Airbnb cash on cash: 1.82% Traditional cash on cash: 4.72% Airbnb Rental Income: $1144 Traditional Rental Income: $1260 Airbnb ROI: 1.82% Traditional ROI: 4.72%

Your search for investment property begins and ends here

W Wheatfield Twp Investment Property for Sale in Allegan, MI

161 North Street

Allegan, MI

2 beds | 1 baths | 1,230 sq.ft.

$200,000

Airbnb cash on cash: 0.81%

Traditional cash on cash: 3.43%

Airbnb Rental Income: $1144

Traditional Rental Income: $1260

Airbnb ROI: 0.81%

Traditional ROI: 3.43%

3658 Allegan Dam Road

Allegan, MI

3 beds | 3 baths | 2,701 sq.ft.

$469,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.78%

Airbnb Rental Income: $null

Traditional Rental Income: $3013

Airbnb ROI: N/A

Traditional ROI: 4.78%

1938 Lincoln Road

Allegan, MI

5 beds | 4 baths | 2,531 sq.ft.

$445,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.33%

Airbnb Rental Income: $null

Traditional Rental Income: $2978

Airbnb ROI: N/A

Traditional ROI: 4.33%

1759 Grant Drive

Allegan, MI

2 beds | 1 baths | 672 sq.ft.

$135,000

Airbnb cash on cash: 3.67%

Traditional cash on cash: 7.72%

Airbnb Rental Income: $1144

Traditional Rental Income: $1290

Airbnb ROI: 3.67%

Traditional ROI: 7.72%

4579 W 110th Avenue

Allegan, MI

3 beds | 1 baths | 1,364 sq.ft.

$335,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.62%

Airbnb Rental Income: $null

Traditional Rental Income: $1963

Airbnb ROI: N/A

Traditional ROI: 4.62%

1202 Lincoln Road

Allegan, MI

2 beds | 1 baths | 1,340 sq.ft.

$129,900

Airbnb cash on cash: 3.39%

Traditional cash on cash: 10.45%

Airbnb Rental Income: $1144

Traditional Rental Income: $1646

Airbnb ROI: 3.39%

Traditional ROI: 10.45%

4477 104th Avenue

Allegan, MI

3 beds | 1 baths | 2,026 sq.ft.

$555,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.22%

Airbnb Rental Income: $null

Traditional Rental Income: $1962

Airbnb ROI: N/A

Traditional ROI: 2.22%

2529 Miner Lake Drive

Allegan, MI

1 beds | 1 baths | 641 sq.ft.

$469,900

Airbnb cash on cash: N/A

Traditional cash on cash: 0.97%

Airbnb Rental Income: $null

Traditional Rental Income: $1359

Airbnb ROI: N/A