Real Estate Investment Properties for Sale in Applegate, MI

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
2222 Loree Rd Applegate, MI 2222 Loree Rd, Applegate, MI 48401 \| Single Family Residential	6 beds \| 3 baths \| 3,792 sq.ft.	$479,900	Airbnb cash on cash: 2.77% Traditional cash on cash: 4.66% Airbnb Rental Income: $3191 Traditional Rental Income: $3319 Airbnb ROI: 2.77% Traditional ROI: 4.66%
2255 Lakeshore Rd Applegate, MI 2255 Lakeshore Rd, Applegate, MI 48401 \| Other	N/A beds \| N/A baths \| N/A	$339,000	Airbnb cash on cash: -0.42% Traditional cash on cash: 0.1% Airbnb Rental Income: $1142 Traditional Rental Income: $928 Airbnb ROI: -0.42% Traditional ROI: 0.1%
Parcel 2 Lakeshore Rd Applegate, MI Parcel 2 Lakeshore Rd, Applegate, MI 48401 \| Other	N/A beds \| N/A baths \| N/A	$78,350	Airbnb cash on cash: 6.18% Traditional cash on cash: 8.51% Airbnb Rental Income: $1142 Traditional Rental Income: $942 Airbnb ROI: 6.18% Traditional ROI: 8.51%
0000 Goetze Rd Applegate, MI 0000 Goetze Rd, Applegate, MI 48041 \| Other	N/A beds \| N/A baths \| N/A	$259,900	Airbnb cash on cash: 0.21% Traditional cash on cash: 0.33% Airbnb Rental Income: $1142 Traditional Rental Income: $793 Airbnb ROI: 0.21% Traditional ROI: 0.33%
2545 Lakeshore Rd Applegate, MI 2545 Lakeshore Rd, Applegate, MI 48401 \| Single Family Residential	3 beds \| 2 baths \| 1,152 sq.ft.	$131,900	Airbnb cash on cash: 2.38% Traditional cash on cash: 8.2% Airbnb Rental Income: $1754 Traditional Rental Income: $2011 Airbnb ROI: 2.38% Traditional ROI: 8.2%
2649 Sherman Rd Applegate, MI Opportunity Awaits on the southern end of the Village of Applegate! Located on paved Sherm...	3 beds \| 1 baths \| 1,300 sq.ft.	$196,900	Airbnb cash on cash: 3.79% Traditional cash on cash: 6.11% Airbnb Rental Income: $1754 Traditional Rental Income: $1705 Airbnb ROI: 3.79% Traditional ROI: 6.11%
000 Applegate Rd Applegate, MI 000 Applegate Rd, Applegate, MI 48401 \| Other	N/A beds \| N/A baths \| N/A	$239,900	Airbnb cash on cash: 0.43% Traditional cash on cash: 1.21% Airbnb Rental Income: $1142 Traditional Rental Income: $939 Airbnb ROI: 0.43% Traditional ROI: 1.21%
2898 Lakeshore Rd Applegate, MI 2898 Lakeshore Rd, Applegate, MI 48401 \| Single Family Residential	2 beds \| 2 baths \| 1,800 sq.ft.	$839,000	Airbnb cash on cash: -0.77% Traditional cash on cash: 0.15% Airbnb Rental Income: $1987 Traditional Rental Income: $2189 Airbnb ROI: -0.77% Traditional ROI: 0.15%
000 Lakeshore Rd Applegate, MI 000 Lakeshore Rd, Applegate, MI 48401 \| Other	N/A beds \| N/A baths \| N/A	$399,000	Airbnb cash on cash: -0.73% Traditional cash on cash: -0.26% Airbnb Rental Income: $1142 Traditional Rental Income: $939 Airbnb ROI: -0.73% Traditional ROI: -0.26%
2898A Lakeshore Rd Applegate, MI 2898A Lakeshore Rd, Applegate, MI 48401 \| Single Family Residential	2 beds \| 2 baths \| 1,800 sq.ft.	$249,000	Airbnb cash on cash: 3.32% Traditional cash on cash: 6.39% Airbnb Rental Income: $1987 Traditional Rental Income: $2189 Airbnb ROI: 3.32% Traditional ROI: 6.39%
2390 Lakeshore Rd Applegate, MI 2390 Lakeshore Rd, Applegate, MI 48401 \| Single Family Residential	3 beds \| 2 baths \| 1,822 sq.ft.	$329,900	Airbnb cash on cash: 1.28% Traditional cash on cash: 5.51% Airbnb Rental Income: $1754 Traditional Rental Income: $2584 Airbnb ROI: 1.28% Traditional ROI: 5.51%
2715 Cash Rd Applegate, MI 2715 Cash Rd, Applegate, MI 48401 \| Single Family Residential	5 beds \| 2 baths \| 3,800 sq.ft.	$499,000	Airbnb cash on cash: 2.57% Traditional cash on cash: 2.79% Airbnb Rental Income: $3191 Traditional Rental Income: $2574 Airbnb ROI: 2.57% Traditional ROI: 2.79%
1940 Marlette Rd Applegate, MI 1940 Marlette Rd, Applegate, MI 48401 \| Single Family Residential	3 beds \| 2 baths \| 2,670 sq.ft.	$1,350,000	Airbnb cash on cash: -1.59% Traditional cash on cash: -0.6% Airbnb Rental Income: $1754 Traditional Rental Income: $2516 Airbnb ROI: -1.59% Traditional ROI: -0.6%
VL Phipps Rd Applegate, MI VL Phipps Rd, Applegate, MI 48401 \| Other	N/A beds \| N/A baths \| N/A	$215,000	Airbnb cash on cash: 0.77% Traditional cash on cash: 1.92% Airbnb Rental Income: $1142 Traditional Rental Income: $998 Airbnb ROI: 0.77% Traditional ROI: 1.92%

Real Estate investment in Applegate, MI

There are 14 properties for sale in the city of Applegate . The median list price in Applegate is $257,346 and the average price per square foot is $119. In September 2026, the average monthly cash on cash return in Applegate is 2.00%. The average monthly rental income in Applegate is $1,858.

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

There are 14 investment properties available for sale in Applegate.

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

The ROI for Long-Term is higher than the Short-Term in Applegate with average rental income of $1,858.

Your search for investment property begins and ends here

Investment Property for Sale in Applegate, MI

2222 Loree Rd

Applegate, MI

6 beds | 3 baths | 3,792 sq.ft.

$479,900

Airbnb cash on cash: 2.77%

Traditional cash on cash: 4.66%

Airbnb Rental Income: $3191

Traditional Rental Income: $3319

Airbnb ROI: 2.77%

Traditional ROI: 4.66%

2255 Lakeshore Rd

Applegate, MI

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

$339,000

Airbnb cash on cash: -0.42%

Traditional cash on cash: 0.1%

Airbnb Rental Income: $1142

Traditional Rental Income: $928

Airbnb ROI: -0.42%

Traditional ROI: 0.1%

Parcel 2 Lakeshore Rd

Applegate, MI

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

$78,350

Airbnb cash on cash: 6.18%

Traditional cash on cash: 8.51%

Airbnb Rental Income: $1142

Traditional Rental Income: $942

Airbnb ROI: 6.18%

Traditional ROI: 8.51%

0000 Goetze Rd

Applegate, MI

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

$259,900

Airbnb cash on cash: 0.21%

Traditional cash on cash: 0.33%

Airbnb Rental Income: $1142

Traditional Rental Income: $793

Airbnb ROI: 0.21%

Traditional ROI: 0.33%

2545 Lakeshore Rd

Applegate, MI

3 beds | 2 baths | 1,152 sq.ft.

$131,900

Airbnb cash on cash: 2.38%

Traditional cash on cash: 8.2%

Airbnb Rental Income: $1754

Traditional Rental Income: $2011

Airbnb ROI: 2.38%

Traditional ROI: 8.2%

2649 Sherman Rd

Applegate, MI

3 beds | 1 baths | 1,300 sq.ft.

$196,900

Airbnb cash on cash: 3.79%

Traditional cash on cash: 6.11%

Airbnb Rental Income: $1754

Traditional Rental Income: $1705

Airbnb ROI: 3.79%

Traditional ROI: 6.11%

000 Applegate Rd

Applegate, MI

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

$239,900

Airbnb cash on cash: 0.43%

Traditional cash on cash: 1.21%

Airbnb Rental Income: $1142

Traditional Rental Income: $939

Airbnb ROI: 0.43%

Traditional ROI: 1.21%

2898 Lakeshore Rd

Applegate, MI

2 beds | 2 baths | 1,800 sq.ft.

$839,000

Airbnb cash on cash: -0.77%

Traditional cash on cash: 0.15%

Airbnb Rental Income: $1987

Traditional Rental Income: $2189

Airbnb ROI: -0.77%