Real Estate Investment Properties for Sale in Boyne City, MI

Looking for investment property in Boyne City, MI with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1630 S Colonel Point Boyne City, MI Welcome to your private lakefront retreat on Duck Lake! This charming 2-bedroom, 2.5-bath ...	2 beds \| 3 baths \| 1,226 sq.ft.	$450,000	Airbnb cash on cash: 0.62% Traditional cash on cash: 3.99% Airbnb Rental Income: $1407 Traditional Rental Income: $2405 Airbnb ROI: 0.62% Traditional ROI: 3.99%
133 Cherry Street Boyne City, MI Welcome to 133 Cherry Street, probably one of the most iconic settings in beautiful Boyne ...	3 beds \| 1 baths \| 1,500 sq.ft.	$424,900	Airbnb cash on cash: 0.73% Traditional cash on cash: 2.47% Airbnb Rental Income: $1894 Traditional Rental Income: $2083 Airbnb ROI: 0.73% Traditional ROI: 2.47%
627 Jefferson Street Boyne City, MI Walk to downtown Boyne City, catch the sunsets at Lake Charlevoix, or enjoy the recreation...	3 beds \| 2 baths \| 1,382 sq.ft.	$350,000	Airbnb cash on cash: 1.42% Traditional cash on cash: 4.75% Airbnb Rental Income: $1894 Traditional Rental Income: $2485 Airbnb ROI: 1.42% Traditional ROI: 4.75%
602 Vogel Street Boyne City, MI MOTIVATED SELLER! This single-level, three-bedroom, two-bath home in Boyne City presents a...	3 beds \| 2 baths \| 1,264 sq.ft.	$255,000	Airbnb cash on cash: 2.87% Traditional cash on cash: 6.51% Airbnb Rental Income: $1894 Traditional Rental Income: $2267 Airbnb ROI: 2.87% Traditional ROI: 6.51%
422 N East Street Boyne City, MI Built in 1903, she's seen some stuff and through all of the beautiful eras of Boyne City- ...	4 beds \| 2 baths \| 1,841 sq.ft.	$389,000	Airbnb cash on cash: 2.6% Traditional cash on cash: 5.12% Airbnb Rental Income: $2581 Traditional Rental Income: $2881 Airbnb ROI: 2.6% Traditional ROI: 5.12%
02630 Birch Drive Boyne City, MI Tucked among 7.2 wooded acres just north of Young State Park, this stunning Lake Charlevoi...	4 beds \| 3 baths \| 3,560 sq.ft.	$1,250,000	Airbnb cash on cash: -0.92% Traditional cash on cash: -0.1% Airbnb Rental Income: $2581 Traditional Rental Income: $2924 Airbnb ROI: -0.92% Traditional ROI: -0.1%
1115 Gobblers Knob Road Boyne City, MI Tucked beyond lush vineyards, this dream property greets you with a black granite entrance...	1 beds \| 1 baths \| 768 sq.ft.	$800,000	Airbnb cash on cash: -0.37% Traditional cash on cash: 0.59% Airbnb Rental Income: $1145 Traditional Rental Income: $1486 Airbnb ROI: -0.37% Traditional ROI: 0.59%
4783 Ellis Road Boyne City, MI Discover the magic of Walloon Lake living in this exceptional lakefront home offering brea...	3 beds \| 2 baths \| 2,496 sq.ft.	$3,750,000	Airbnb cash on cash: -0.84% Traditional cash on cash: -0.36% Airbnb Rental Income: $1894 Traditional Rental Income: $3042 Airbnb ROI: -0.84% Traditional ROI: -0.36%
223 River Street Boyne City, MI Welcome to 223 River Street, where life meets relaxation....and you can see the porch to p...	5 beds \| 3 baths \| 2,530 sq.ft.	$389,900	Airbnb cash on cash: 4.01% Traditional cash on cash: 5.05% Airbnb Rental Income: $3205 Traditional Rental Income: $2863 Airbnb ROI: 4.01% Traditional ROI: 5.05%
1385 Dam Road Boyne City, MI 3.800 acres, mostly open some trees. Wide open spaces near the home & multiple out buildin...	2 beds \| 2 baths \| 2,000 sq.ft.	$199,900	Airbnb cash on cash: 2.18% Traditional cash on cash: 7.88% Airbnb Rental Income: $1407 Traditional Rental Income: $2066 Airbnb ROI: 2.18% Traditional ROI: 7.88%
611 Jersey Street Boyne City, MI Whether you are seeking a primary residence or a weekend retreat, this in-town Boyne City ...	2 beds \| 2 baths \| 988 sq.ft.	$212,500	Airbnb cash on cash: 1.9% Traditional cash on cash: 6.18% Airbnb Rental Income: $1407 Traditional Rental Income: $1845 Airbnb ROI: 1.9% Traditional ROI: 6.18%
282 Blue Water Trail Boyne City, MI Custom-built home that includes a deeded parcel with 100 feet of pristine Lake Charlevoix ...	4 beds \| 4 baths \| 3,356 sq.ft.	$1,150,000	Airbnb cash on cash: -0.78% Traditional cash on cash: 1.44% Airbnb Rental Income: $2581 Traditional Rental Income: $4343 Airbnb ROI: -0.78% Traditional ROI: 1.44%
723 N Park Street Boyne City, MI This single-level, three-bedroom, two-bathroom home in Boyne City offers an exceptional op...	3 beds \| 2 baths \| 1,456 sq.ft.	$329,900	Airbnb cash on cash: 2.48% Traditional cash on cash: 5.71% Airbnb Rental Income: $1894 Traditional Rental Income: $2389 Airbnb ROI: 2.48% Traditional ROI: 5.71%
3012 Wildwood Harbor Road Boyne City, MI ''Updated Spanish-Style Retreat in Northern Michigan's Golden Triangle -- Move-In-Ready'' ...	3 beds \| 3 baths \| 2,454 sq.ft.	$427,500	Airbnb cash on cash: 1.77% Traditional cash on cash: 4.79% Airbnb Rental Income: $1894 Traditional Rental Income: $2598 Airbnb ROI: 1.77% Traditional ROI: 4.79%
848 State Street Boyne City, MI BOYNE RIVERFRONT! Nestled along 368 feet of the beautiful BOYNE RIVER SHORELINE, this is o...	4 beds \| 2 baths \| 3,306 sq.ft.	$969,000	Airbnb cash on cash: 0.56% Traditional cash on cash: 1.55% Airbnb Rental Income: $2581 Traditional Rental Income: $2860 Airbnb ROI: 0.56% Traditional ROI: 1.55%
1314 Boyne Avenue Boyne City, MI Unmatched development potential at the gateway to Boyne City! This 1.89-acre parcel boasts...	3 beds \| 1 baths \| 2,385 sq.ft.	$995,000	Airbnb cash on cash: -0.12% Traditional cash on cash: 0.47% Airbnb Rental Income: $1894 Traditional Rental Income: $1940 Airbnb ROI: -0.12% Traditional ROI: 0.47%
336 HANNAH ST Boyne City, MI Investment opportunity in the City of Boyne! This 4-bedroom, 1-bath home is ready for its ...	4 beds \| 1 baths \| 1,315 sq.ft.	$209,000	Airbnb cash on cash: 7.7% Traditional cash on cash: 8.07% Airbnb Rental Income: $2581 Traditional Rental Income: $2035 Airbnb ROI: 7.7% Traditional ROI: 8.07%
5746 Tebo School Road Boyne City, MI Welcome to a true sportsman's paradise-92 acres bordered by thousands of acres of pristine...	3 beds \| 3 baths \| 2,792 sq.ft.	$799,000	Airbnb cash on cash: 0.52% Traditional cash on cash: 3.28% Airbnb Rental Income: $1894 Traditional Rental Income: $3443 Airbnb ROI: 0.52% Traditional ROI: 3.28%
212 Front Street #5 Boyne City, MI Discover Boyne City living at its finest with this beautifully updated 3-bedroom, 2-bathro...	3 beds \| 2 baths \| 1,569 sq.ft.	$994,500	Airbnb cash on cash: -1.57% Traditional cash on cash: -0.56% Airbnb Rental Income: $1894 Traditional Rental Income: $2324 Airbnb ROI: -1.57% Traditional ROI: -0.56%
1932 Kitzbuhel Drive Boyne City, MI Capitalize on one of Boyne Mountain's most desirable neighborhoods with this new construct...	4 beds \| 3 baths \| 2,600 sq.ft.	$949,000	Airbnb cash on cash: -0.42% Traditional cash on cash: 1.04% Airbnb Rental Income: $2581 Traditional Rental Income: $3251 Airbnb ROI: -0.42% Traditional ROI: 1.04%
101 M-75 S Boyne City, MI LOCATION, LOCATION, LOCATION! Charming 3-bedroom, 1.5-bath home situated on two lots betwe...	3 beds \| 2 baths \| 1,100 sq.ft.	$319,900	Airbnb cash on cash: 2.65% Traditional cash on cash: 4.39% Airbnb Rental Income: $1894 Traditional Rental Income: $1913 Airbnb ROI: 2.65% Traditional ROI: 4.39%
337 Bailey Street Boyne City, MI Prime Boyne city location, just blocks from town. This three bedroom home, built in 2019, ...	3 beds \| 1 baths \| 1,120 sq.ft.	$349,000	Airbnb cash on cash: 1.89% Traditional cash on cash: 2.88% Airbnb Rental Income: $1894 Traditional Rental Income: $1715 Airbnb ROI: 1.89% Traditional ROI: 2.88%
309 McKinley Street Boyne City, MI Imagine yourself in beautiful Boyne City, setting on your covered front porch realxing wit...	4 beds \| 3 baths \| 1,985 sq.ft.	$424,900	Airbnb cash on cash: 3.12% Traditional cash on cash: 5.3% Airbnb Rental Income: $2581 Traditional Rental Income: $2831 Airbnb ROI: 3.12% Traditional ROI: 5.3%
1092 Lac Vue Drive Boyne City, MI Absolutely stunning views of Lake Charlevoix! Located at the end of the cul de sac in a ne...	4 beds \| 3 baths \| 2,500 sq.ft.	$899,000	Airbnb cash on cash: 0.62% Traditional cash on cash: 1.96% Airbnb Rental Income: $2581 Traditional Rental Income: $3086 Airbnb ROI: 0.62% Traditional ROI: 1.96%
727 Earl Street Boyne City, MI Welcome home to the tranquility of Earl Street! Set on a one block closed-end street is wh...	3 beds \| 3 baths \| 2,717 sq.ft.	$579,900	Airbnb cash on cash: 0.58% Traditional cash on cash: 3.68% Airbnb Rental Income: $1894 Traditional Rental Income: $3068 Airbnb ROI: 0.58% Traditional ROI: 3.68%
467 Hemlock Street Boyne City, MI Wow! If custom and eclectic ever got married, this is the one! This awesome house boasts c...	2 beds \| 1 baths \| 1,100 sq.ft.	$319,900	Airbnb cash on cash: 1.38% Traditional cash on cash: 3.15% Airbnb Rental Income: $1407 Traditional Rental Income: $1516 Airbnb ROI: 1.38% Traditional ROI: 3.15%
4136 Lakeshore Boyne City, MI Experience the perfect fusion of natural beauty and modern sophistication with this rare o...	4 beds \| 3 baths \| 2,300 sq.ft.	$999,500	Airbnb cash on cash: 0.41% Traditional cash on cash: 1.8% Airbnb Rental Income: $2581 Traditional Rental Income: $3254 Airbnb ROI: 0.41% Traditional ROI: 1.8%
400 High #1, 2, 3, 4 Boyne City, MI Originally constructed as a residential home and later converted into a four-unit multifam...	5 beds \| 4 baths \| 3,082 sq.ft.	$425,000	Airbnb cash on cash: 3.24% Traditional cash on cash: 8.97% Airbnb Rental Income: $3205 Traditional Rental Income: $4763 Airbnb ROI: 3.24% Traditional ROI: 8.97%
580 S M-75 Boyne City, MI Positioned just outside of Boyne City and only minutes from Boyne Mountain Resort, this ve...	1 beds \| 1 baths \| 3,790 sq.ft.	$449,000	Airbnb cash on cash: -0.93% Traditional cash on cash: 0.71% Airbnb Rental Income: $1145 Traditional Rental Income: $1452 Airbnb ROI: -0.93% Traditional ROI: 0.71%

Real Estate investment in Boyne-city, MI

There are 29 properties for sale in the city of Boyne City . The median list price in Boyne City is $260,000 and the average price per square foot is $132. In July 2026, the average monthly cash on cash return in Boyne City is 2.00%. The average monthly rental income in Boyne City is $2,073.

Boyne-city, MI Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 29 investment properties available for sale in Boyne-city.

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

The ROI for Long-Term is higher than the Short-Term in Boyne-city with average rental income of $2,073.

Your search for investment property begins and ends here

Investment Property for Sale in Boyne City, MI

1630 S Colonel Point

Boyne City, MI

2 beds | 3 baths | 1,226 sq.ft.

$450,000

Airbnb cash on cash: 0.62%

Traditional cash on cash: 3.99%

Airbnb Rental Income: $1407

Traditional Rental Income: $2405

Airbnb ROI: 0.62%

Traditional ROI: 3.99%

133 Cherry Street

Boyne City, MI

3 beds | 1 baths | 1,500 sq.ft.

$424,900

Airbnb cash on cash: 0.73%

Traditional cash on cash: 2.47%

Airbnb Rental Income: $1894

Traditional Rental Income: $2083

Airbnb ROI: 0.73%

Traditional ROI: 2.47%

627 Jefferson Street

Boyne City, MI

3 beds | 2 baths | 1,382 sq.ft.

$350,000

Airbnb cash on cash: 1.42%

Traditional cash on cash: 4.75%

Airbnb Rental Income: $1894

Traditional Rental Income: $2485

Airbnb ROI: 1.42%

Traditional ROI: 4.75%

602 Vogel Street

Boyne City, MI

3 beds | 2 baths | 1,264 sq.ft.

$255,000

Airbnb cash on cash: 2.87%

Traditional cash on cash: 6.51%

Airbnb Rental Income: $1894

Traditional Rental Income: $2267

Airbnb ROI: 2.87%

Traditional ROI: 6.51%

422 N East Street

Boyne City, MI

4 beds | 2 baths | 1,841 sq.ft.

$389,000

Airbnb cash on cash: 2.6%

Traditional cash on cash: 5.12%

Airbnb Rental Income: $2581

Traditional Rental Income: $2881

Airbnb ROI: 2.6%

Traditional ROI: 5.12%

02630 Birch Drive

Boyne City, MI

4 beds | 3 baths | 3,560 sq.ft.

$1,250,000

Airbnb cash on cash: -0.92%

Traditional cash on cash: -0.1%

Airbnb Rental Income: $2581

Traditional Rental Income: $2924

Airbnb ROI: -0.92%

Traditional ROI: -0.1%

1115 Gobblers Knob Road

Boyne City, MI

1 beds | 1 baths | 768 sq.ft.

$800,000

Airbnb cash on cash: -0.37%

Traditional cash on cash: 0.59%

Airbnb Rental Income: $1145

Traditional Rental Income: $1486

Airbnb ROI: -0.37%

Traditional ROI: 0.59%

4783 Ellis Road

Boyne City, MI

3 beds | 2 baths | 2,496 sq.ft.

$3,750,000

Airbnb cash on cash: -0.84%

Traditional cash on cash: -0.36%

Airbnb Rental Income: $1894

Traditional Rental Income: $3042

Airbnb ROI: -0.84%