Real Estate Investment Properties for Sale in Bear Lake, MI

Looking for investment property in Bear Lake, MI with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
13200 Hopkins Forest Drive Bear Lake, MI Enjoy ideal main-floor living in this updated 3-bed, 3-bath ranch just steps from Bear Lak...	3 beds \| 3 baths \| 2,094 sq.ft.	$369,900	Airbnb cash on cash: 1.47% Traditional cash on cash: 4.69% Airbnb Rental Income: $1896 Traditional Rental Income: $2511 Airbnb ROI: 1.47% Traditional ROI: 4.69%
12599 Potter Road Bear Lake, MI Completely updated and move-in ready, this Bear Lake home offers a fresh new look from top...	3 beds \| 2 baths \| 2,144 sq.ft.	$279,000	Airbnb cash on cash: 3.3% Traditional cash on cash: 2.77% Airbnb Rental Income: $1896 Traditional Rental Income: $1250 Airbnb ROI: 3.3% Traditional ROI: 2.77%
5859 Potter Road Bear Lake, MI SO MUCH HOME FOR THE MONEY! Priced well below appraisal. This newer custom ranch home is a...	4 beds \| 4 baths \| 7,374 sq.ft.	$1,450,000	Airbnb cash on cash: -0.56% Traditional cash on cash: 1.75% Airbnb Rental Income: $2139 Traditional Rental Income: $4704 Airbnb ROI: -0.56% Traditional ROI: 1.75%
15049 Healy Lake Road Bear Lake, MI Welcome to 15049 Healy Lake Road: 5.02 magical acres in Bear Lake, Michigan, where a fully...	3 beds \| 2 baths \| 1,943 sq.ft.	$490,000	Airbnb cash on cash: 1.22% Traditional cash on cash: 2.48% Airbnb Rental Income: $1896 Traditional Rental Income: $1969 Airbnb ROI: 1.22% Traditional ROI: 2.48%
6620 Potter Road Bear Lake, MI Wonderful corner lot with beautiful landscaping that has many flowering all season. The wi...	3 beds \| 2 baths \| 1,144 sq.ft.	$175,000	Airbnb cash on cash: 6.53% Traditional cash on cash: 9.65% Airbnb Rental Income: $1896 Traditional Rental Income: $1912 Airbnb ROI: 6.53% Traditional ROI: 9.65%
L Chief Rd Bear Lake, MI Chief L Rd, Bear Lake, MI 49614 \| Other	N/A beds \| N/A baths \| N/A	$89,000	Airbnb cash on cash: 8.78% Traditional cash on cash: 3.86% Airbnb Rental Income: $1515 Traditional Rental Income: $646 Airbnb ROI: 8.78% Traditional ROI: 3.86%
B Chief Rd Bear Lake, MI Chief ''b'' Rd, Bear Lake, MI 49614 \| Other	N/A beds \| N/A baths \| N/A	$89,000	Airbnb cash on cash: 8.78% Traditional cash on cash: 2.68% Airbnb Rental Income: $1515 Traditional Rental Income: $543 Airbnb ROI: 8.78% Traditional ROI: 2.68%
Sadie Ln #Parcel 'D' Bear Lake, MI Sadie Ln, Bear Lake, MI 49614 \| Other	N/A beds \| N/A baths \| N/A	$82,800	Airbnb cash on cash: 9.58% Traditional cash on cash: 4.33% Airbnb Rental Income: $1515 Traditional Rental Income: $647 Airbnb ROI: 9.58% Traditional ROI: 4.33%
Bair Ave Bear Lake, MI Bair Ave, Bear Lake, MI 49614 \| Other	N/A beds \| N/A baths \| N/A	$490,000	Airbnb cash on cash: -0.39% Traditional cash on cash: -1.3% Airbnb Rental Income: $1515 Traditional Rental Income: $654 Airbnb ROI: -0.39% Traditional ROI: -1.3%
14200 Plagany Road Bear Lake, MI	5 beds \| 1 baths \| 1,511 sq.ft.	$429,000	Airbnb cash on cash: 2.72% Traditional cash on cash: 2.25% Airbnb Rental Income: $2366 Traditional Rental Income: $1595 Airbnb ROI: 2.72% Traditional ROI: 2.25%
9163 Elsie Avenue Bear Lake, MI 2026 Dutch Aspire Farmhouse style mobile home located in Kampvilla RV Park. This 3 bedroom...	3 beds \| 2 baths \| 1,200 sq.ft.	$115,000	Airbnb cash on cash: 3.18% Traditional cash on cash: 6.22% Airbnb Rental Income: $1896 Traditional Rental Income: $1729 Airbnb ROI: 3.18% Traditional ROI: 6.22%
Sadie Ln #Parcel ''I'' Bear Lake, MI Sadie Ln #Parcel ''I'', Bear Lake, MI 49614 \| Other	N/A beds \| N/A baths \| N/A	$99,000	Airbnb cash on cash: 7.69% Traditional cash on cash: 3.28% Airbnb Rental Income: $1515 Traditional Rental Income: $649 Airbnb ROI: 7.69% Traditional ROI: 3.28%
V/L Spruce Ridge Rd Bear Lake, MI V/L Spruce Ridge Rd, Bear Lake, MI 49614 \| Other	N/A beds \| N/A baths \| N/A	$199,900	Airbnb cash on cash: 2.65% Traditional cash on cash: 0.41% Airbnb Rental Income: $1515 Traditional Rental Income: $649 Airbnb ROI: 2.65% Traditional ROI: 0.41%
M Chief Rd Bear Lake, MI M Chief Rd, Bear Lake, MI 49614 \| Other	N/A beds \| N/A baths \| N/A	$89,000	Airbnb cash on cash: 8.78% Traditional cash on cash: 3.9% Airbnb Rental Income: $1515 Traditional Rental Income: $649 Airbnb ROI: 8.78% Traditional ROI: 3.9%
5832 Potter Road Bear Lake, MI Nestled on 6.2 acres, this beautiful 3 bedroom home offers the perfect blend of modern upd...	3 beds \| 2 baths \| 1,880 sq.ft.	$385,000	Airbnb cash on cash: 1.96% Traditional cash on cash: 3.74% Airbnb Rental Income: $1896 Traditional Rental Income: $2032 Airbnb ROI: 1.96% Traditional ROI: 3.74%
7206 Johnson Court Bear Lake, MI This 4-bedroom, 3-bathroom residence in Bear Lake offers 2,801 square feet of finished liv...	4 beds \| 3 baths \| 2,801 sq.ft.	$350,000	Airbnb cash on cash: 2.05% Traditional cash on cash: 5.87% Airbnb Rental Income: $2139 Traditional Rental Income: $2847 Airbnb ROI: 2.05% Traditional ROI: 5.87%
12851 13 Mile Road Bear Lake, MI Welcome to this charming 3 bedroom, 1 bath home on 5 acres near Blue Ribbon Trout Stream, ...	3 beds \| 1 baths \| 1,693 sq.ft.	$255,000	Airbnb cash on cash: 2.87% Traditional cash on cash: 3.02% Airbnb Rental Income: $1896 Traditional Rental Income: $1426 Airbnb ROI: 2.87% Traditional ROI: 3.02%
4443 Potter Road Bear Lake, MI Countryside one-of-a-kind 4 BR farmhouse is situated on a delightful 2+ acres between the ...	4 beds \| 2 baths \| 2,357 sq.ft.	$319,900	Airbnb cash on cash: 3.49% Traditional cash on cash: 5.64% Airbnb Rental Income: $2139 Traditional Rental Income: $2239 Airbnb ROI: 3.49% Traditional ROI: 5.64%
12817 Chief Road Bear Lake, MI Are you looking for a great place to start your new business, or maybe retire and have you...	2 beds \| 1 baths \| 2,040 sq.ft.	$667,000	Airbnb cash on cash: -0.05% Traditional cash on cash: 1.24% Airbnb Rental Income: $1714 Traditional Rental Income: $2044 Airbnb ROI: -0.05% Traditional ROI: 1.24%
V/L Butwell Rd #Parcel B Bear Lake, MI V/L Butwell Rd #Parcel B, Bear Lake, MI 49614 \| Other	N/A beds \| N/A baths \| N/A	$160,000	Airbnb cash on cash: 3.91% Traditional cash on cash: 1.09% Airbnb Rental Income: $1515 Traditional Rental Income: $643 Airbnb ROI: 3.91% Traditional ROI: 1.09%
9500 Taylor Road Bear Lake, MI This well maintained 4-bedroom, 2.5-bath home offers 1,835 square feet of living space. Th...	4 beds \| 3 baths \| 1,835 sq.ft.	$515,000	Airbnb cash on cash: 1.65% Traditional cash on cash: 2.78% Airbnb Rental Income: $2139 Traditional Rental Income: $2138 Airbnb ROI: 1.65% Traditional ROI: 2.78%
13625 Potter Road Bear Lake, MI Reduced price for quick as is sale! This charming ranch is ideal for those seeking a simpl...	3 beds \| 2 baths \| 1,546 sq.ft.	$310,000	Airbnb cash on cash: 1.93% Traditional cash on cash: 4.51% Airbnb Rental Income: $1896 Traditional Rental Income: $2144 Airbnb ROI: 1.93% Traditional ROI: 4.51%
12352 Virginia Street Bear Lake, MI Don't miss an opportunity in the heart of the Village of Bear Lake! This 2-bedroom, 1-bath...	2 beds \| 1 baths \| 886 sq.ft.	$149,000	Airbnb cash on cash: 5.53% Traditional cash on cash: 3.97% Airbnb Rental Income: $1714 Traditional Rental Income: $1017 Airbnb ROI: 5.53% Traditional ROI: 3.97%

Real Estate investment in Bear-lake, MI

There are 25 properties for sale in the city of Bear Lake . The median list price in Bear Lake is $246,782 and the average price per square foot is $114. In November 2026, the average monthly cash on cash return in Bear Lake is 4.00%. The average monthly rental income in Bear Lake is $948.

Bear-lake, MI Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 25 investment properties available for sale in Bear-lake.

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

The ROI for Long-Term is higher than the Short-Term in Bear-lake with average rental income of $948.

Your search for investment property begins and ends here

Investment Property for Sale in Bear Lake, MI

13200 Hopkins Forest Drive

Bear Lake, MI

3 beds | 3 baths | 2,094 sq.ft.

$369,900

Airbnb cash on cash: 1.47%

Traditional cash on cash: 4.69%

Airbnb Rental Income: $1896

Traditional Rental Income: $2511

Airbnb ROI: 1.47%

Traditional ROI: 4.69%

12599 Potter Road

Bear Lake, MI

3 beds | 2 baths | 2,144 sq.ft.

$279,000

Airbnb cash on cash: 3.3%

Traditional cash on cash: 2.77%

Airbnb Rental Income: $1896

Traditional Rental Income: $1250

Airbnb ROI: 3.3%

Traditional ROI: 2.77%

5859 Potter Road

Bear Lake, MI

4 beds | 4 baths | 7,374 sq.ft.

$1,450,000

Airbnb cash on cash: -0.56%

Traditional cash on cash: 1.75%

Airbnb Rental Income: $2139

Traditional Rental Income: $4704

Airbnb ROI: -0.56%

Traditional ROI: 1.75%

15049 Healy Lake Road

Bear Lake, MI

3 beds | 2 baths | 1,943 sq.ft.

$490,000

Airbnb cash on cash: 1.22%

Traditional cash on cash: 2.48%

Airbnb Rental Income: $1896

Traditional Rental Income: $1969

Airbnb ROI: 1.22%

Traditional ROI: 2.48%

6620 Potter Road

Bear Lake, MI

3 beds | 2 baths | 1,144 sq.ft.

$175,000

Airbnb cash on cash: 6.53%

Traditional cash on cash: 9.65%

Airbnb Rental Income: $1896

Traditional Rental Income: $1912

Airbnb ROI: 6.53%

Traditional ROI: 9.65%

L Chief Rd

Bear Lake, MI

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

$89,000

Airbnb cash on cash: 8.78%

Traditional cash on cash: 3.86%

Airbnb Rental Income: $1515

Traditional Rental Income: $646

Airbnb ROI: 8.78%

Traditional ROI: 3.86%

B Chief Rd

Bear Lake, MI

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

$89,000

Airbnb cash on cash: 8.78%

Traditional cash on cash: 2.68%

Airbnb Rental Income: $1515

Traditional Rental Income: $543

Airbnb ROI: 8.78%

Traditional ROI: 2.68%

Sadie Ln #Parcel 'D'

Bear Lake, MI

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

$82,800

Airbnb cash on cash: 9.58%

Traditional cash on cash: 4.33%

Airbnb Rental Income: $1515

Traditional Rental Income: $647

Airbnb ROI: 9.58%