Real Estate Investment Properties for Sale in Alpena, MI

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

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

Golden Highlands Investment Property for Sale in Alpena, MI

Search for Golden Highlands Investment Property for Sale in Alpena, Michigan. Browse all of Mashvisor’s Golden Highlands Investment Property listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 39 Golden Highlands 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
535 W Lake Street Alpena, MI A charming and well-maintained home offering comfort, character, and peace of mind. Buyers...	2 beds \| 1 baths \| 980 sq.ft.	$145,000	Airbnb cash on cash: 0.08% Traditional cash on cash: 8.31% Airbnb Rental Income: $661 Traditional Rental Income: $1505 Airbnb ROI: 0.08% Traditional ROI: 8.31%
101 Island View Drive Alpena, MI This home is truly move-in ready, reflecting the pride of meticulous ownership. It's packe...	3 beds \| 2 baths \| 2,088 sq.ft.	$269,000	Airbnb cash on cash: 0.44% Traditional cash on cash: 8.51% Airbnb Rental Income: $1018 Traditional Rental Income: $2707 Airbnb ROI: 0.44% Traditional ROI: 8.51%
425 S State Avenue Alpena, MI Wonderful Lake Huron area get-a-way or retirement home across the street from Lake Huron! ...	2 beds \| 1 baths \| 1,856 sq.ft.	$209,000	Airbnb cash on cash: -0.73% Traditional cash on cash: 5.59% Airbnb Rental Income: $661 Traditional Rental Income: $1615 Airbnb ROI: -0.73% Traditional ROI: 5.59%
232 S First Avenue Alpena, MI Step into timeless elegance with this 6000 plus sq ft, two story, four bedroom, six bath r...	4 beds \| 5 baths \| 6,791 sq.ft.	$895,000	Airbnb cash on cash: -0.55% Traditional cash on cash: 5.88% Airbnb Rental Income: $1503 Traditional Rental Income: $6415 Airbnb ROI: -0.55% Traditional ROI: 5.88%
635 W Washington Avenue Alpena, MI A RARE GEM right within the city limits! This stunning 4-bedroom, 4- full bathroom home of...	4 beds \| 4 baths \| 3,237 sq.ft.	$524,500	Airbnb cash on cash: 0.42% Traditional cash on cash: 5.63% Airbnb Rental Income: $1503 Traditional Rental Income: $3615 Airbnb ROI: 0.42% Traditional ROI: 5.63%
121 Channel Road 1 Alpena, MI NEW AC, water heater, and heating system. This channel-front home offers direct access to ...	3 beds \| 2 baths \| 1,950 sq.ft.	$399,900	Airbnb cash on cash: -0.35% Traditional cash on cash: 5.59% Airbnb Rental Income: $1018 Traditional Rental Income: $2889 Airbnb ROI: -0.35% Traditional ROI: 5.59%
2562 LaForest Avenue Alpena, MI This move-in ready ranch offers updated appliances and flooring, and a refreshed, neutral ...	2 beds \| 1 baths \| 896 sq.ft.	$148,900	Airbnb cash on cash: -0.56% Traditional cash on cash: 7.26% Airbnb Rental Income: $661 Traditional Rental Income: $1476 Airbnb ROI: -0.56% Traditional ROI: 7.26%
330 Island View Drive Alpena, MI Welcome to one of Alpena's desirable neighborhoods. This spacious home offers the perfect ...	4 beds \| 4 baths \| 3,822 sq.ft.	$385,000	Airbnb cash on cash: 0.65% Traditional cash on cash: 8.66% Airbnb Rental Income: $1503 Traditional Rental Income: $3954 Airbnb ROI: 0.65% Traditional ROI: 8.66%
307 Minor Street Alpena, MI Located in a friendly neighborhood, 307 Minor St. is a lovingly kept residence nestled in ...	2 beds \| 2 baths \| 2,952 sq.ft.	$195,000	Airbnb cash on cash: -0.66% Traditional cash on cash: 6.95% Airbnb Rental Income: $661 Traditional Rental Income: $1771 Airbnb ROI: -0.66% Traditional ROI: 6.95%
6234 French Road Alpena, MI Pleasant ranch home on paved road just minutes from town and Long Lake boat launch. Many u...	3 beds \| 1 baths \| 1,352 sq.ft.	$177,500	Airbnb cash on cash: 1.69% Traditional cash on cash: 10.08% Airbnb Rental Income: $1018 Traditional Rental Income: $2076 Airbnb ROI: 1.69% Traditional ROI: 10.08%
433 W Lincoln Street Alpena, MI Make this your next home! Located in close proximity to many of the amenities offered in A...	3 beds \| 1 baths \| 1,264 sq.ft.	$179,500	Airbnb cash on cash: 1.19% Traditional cash on cash: 10.42% Airbnb Rental Income: $1018 Traditional Rental Income: $2236 Airbnb ROI: 1.19% Traditional ROI: 10.42%
1124 Long Rapids Road Alpena, MI Charming ranch-style home located just outside the city limits. This two-bedroom home feat...	2 beds \| 1 baths \| 1,008 sq.ft.	$164,900	Airbnb cash on cash: 0.06% Traditional cash on cash: 8.68% Airbnb Rental Income: $661 Traditional Rental Income: $1719 Airbnb ROI: 0.06% Traditional ROI: 8.68%
567 Long Rapids Road Alpena, MI Great City location with all the feel of country living. Short distance to the hospital an...	4 beds \| 2 baths \| 1,866 sq.ft.	$269,900	Airbnb cash on cash: 1.7% Traditional cash on cash: 8.4% Airbnb Rental Income: $1503 Traditional Rental Income: $2770 Airbnb ROI: 1.7% Traditional ROI: 8.4%
1309 Crestview Drive Alpena, MI Spanish style brick ranch nestled in a wonderful neighborhood close to schools, hospital a...	3 beds \| 2 baths \| 1,476 sq.ft.	$210,000	Airbnb cash on cash: 1.07% Traditional cash on cash: 9.77% Airbnb Rental Income: $1018 Traditional Rental Income: $2391 Airbnb ROI: 1.07% Traditional ROI: 9.77%
104 Birdie Lane Alpena, MI This delightful 2-bedroom, 1-bath home sits just steps from the golf course-fitting for it...	2 beds \| 1 baths \| 1,650 sq.ft.	$159,200	Airbnb cash on cash: 0.03% Traditional cash on cash: 9.05% Airbnb Rental Income: $661 Traditional Rental Income: $1733 Airbnb ROI: 0.03% Traditional ROI: 9.05%
701 S Brooke Street Alpena, MI One level living! You will enjoy the open spaces in this rambling ranch. Large living room...	3 beds \| 2 baths \| 1,500 sq.ft.	$170,000	Airbnb cash on cash: 1.73% Traditional cash on cash: 11.38% Airbnb Rental Income: $1018 Traditional Rental Income: $2223 Airbnb ROI: 1.73% Traditional ROI: 11.38%
1711 LAKE WINYAH Alpena, MI COZY 2290 SQ FOOT BI LEVEL SITTING ON 1 ACRE OF STUNNING LAND. THIS HOME NOT ONLY FEATURES...	4 beds \| 2 baths \| 2,290 sq.ft.	$250,000	Airbnb cash on cash: 2.09% Traditional cash on cash: 9.85% Airbnb Rental Income: $1503 Traditional Rental Income: $2894 Airbnb ROI: 2.09% Traditional ROI: 9.85%
6815 Wessel Road Alpena, MI Well-maintained 2003 manufactured featuring a custom walk-in shower and functional living ...	3 beds \| 2 baths \| 1,260 sq.ft.	$225,000	Airbnb cash on cash: 0.14% Traditional cash on cash: 6.83% Airbnb Rental Income: $1018 Traditional Rental Income: $2085 Airbnb ROI: 0.14% Traditional ROI: 6.83%
9024 Long Rapids Road Alpena, MI Escape to the perfect blend of country living and convenience with this charming 3 bedroom...	3 beds \| 2 baths \| 1,248 sq.ft.	$219,900	Airbnb cash on cash: 0.2% Traditional cash on cash: 6.74% Airbnb Rental Income: $1018 Traditional Rental Income: $2020 Airbnb ROI: 0.2% Traditional ROI: 6.74%
1090 Oakridge Drive Alpena, MI Enjoy the peacefulness of this 3-bedroom, 2-bath home with an attached garage and a spacio...	3 beds \| 2 baths \| 2,432 sq.ft.	$279,000	Airbnb cash on cash: 0.49% Traditional cash on cash: 8% Airbnb Rental Income: $1018 Traditional Rental Income: $2635 Airbnb ROI: 0.49% Traditional ROI: 8%
17952 Birch Street Alpena, MI Enjoy waterfront living in this charming three bedroom, one and a half bath home situated ...	3 beds \| 2 baths \| 1,600 sq.ft.	$526,000	Airbnb cash on cash: -1.38% Traditional cash on cash: 2.5% Airbnb Rental Income: $1018 Traditional Rental Income: $2567 Airbnb ROI: -1.38% Traditional ROI: 2.5%
8250 Greenwood Street Alpena, MI Discover your Lake Life Northern Michigan getaway home on beautiful Long Lake, with the sa...	2 beds \| 2 baths \| 1,404 sq.ft.	$393,000	Airbnb cash on cash: -0.85% Traditional cash on cash: 4.65% Airbnb Rental Income: $661 Traditional Rental Income: $2390 Airbnb ROI: -0.85% Traditional ROI: 4.65%
1051 Highland Court Alpena, MI This super spacious ranch checks all of the boxes. 4 large bedrooms, three baths, wonderfu...	4 beds \| 3 baths \| 4,128 sq.ft.	$285,000	Airbnb cash on cash: 1.71% Traditional cash on cash: 9.98% Airbnb Rental Income: $1503 Traditional Rental Income: $3284 Airbnb ROI: 1.71% Traditional ROI: 9.98%

Your search for investment property begins and ends here

Golden Highlands Investment Property for Sale in Alpena, MI

535 W Lake Street

Alpena, MI

2 beds | 1 baths | 980 sq.ft.

$145,000

Airbnb cash on cash: 0.08%

Traditional cash on cash: 8.31%

Airbnb Rental Income: $661

Traditional Rental Income: $1505

Airbnb ROI: 0.08%

Traditional ROI: 8.31%

101 Island View Drive

Alpena, MI

3 beds | 2 baths | 2,088 sq.ft.

$269,000

Airbnb cash on cash: 0.44%

Traditional cash on cash: 8.51%

Airbnb Rental Income: $1018

Traditional Rental Income: $2707

Airbnb ROI: 0.44%

Traditional ROI: 8.51%

425 S State Avenue

Alpena, MI

2 beds | 1 baths | 1,856 sq.ft.

$209,000

Airbnb cash on cash: -0.73%

Traditional cash on cash: 5.59%

Airbnb Rental Income: $661

Traditional Rental Income: $1615

Airbnb ROI: -0.73%

Traditional ROI: 5.59%

232 S First Avenue

Alpena, MI

4 beds | 5 baths | 6,791 sq.ft.

$895,000

Airbnb cash on cash: -0.55%

Traditional cash on cash: 5.88%

Airbnb Rental Income: $1503

Traditional Rental Income: $6415

Airbnb ROI: -0.55%

Traditional ROI: 5.88%

635 W Washington Avenue

Alpena, MI

4 beds | 4 baths | 3,237 sq.ft.

$524,500

Airbnb cash on cash: 0.42%

Traditional cash on cash: 5.63%

Airbnb Rental Income: $1503

Traditional Rental Income: $3615

Airbnb ROI: 0.42%

Traditional ROI: 5.63%

121 Channel Road 1

Alpena, MI

3 beds | 2 baths | 1,950 sq.ft.

$399,900

Airbnb cash on cash: -0.35%

Traditional cash on cash: 5.59%

Airbnb Rental Income: $1018

Traditional Rental Income: $2889

Airbnb ROI: -0.35%

Traditional ROI: 5.59%

2562 LaForest Avenue

Alpena, MI

2 beds | 1 baths | 896 sq.ft.

$148,900

Airbnb cash on cash: -0.56%

Traditional cash on cash: 7.26%

Airbnb Rental Income: $661

Traditional Rental Income: $1476

Airbnb ROI: -0.56%

Traditional ROI: 7.26%

330 Island View Drive

Alpena, MI

4 beds | 4 baths | 3,822 sq.ft.

$385,000

Airbnb cash on cash: 0.65%

Traditional cash on cash: 8.66%

Airbnb Rental Income: $1503

Traditional Rental Income: $3954

Airbnb ROI: 0.65%