Real Estate Investment Properties for Sale in Calumet, MI

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
56199 Columbia St Calumet, MI Charming, updated home tucked away on the edge of town, offering a balanced mix of histori...	3 beds \| 1 baths \| 1,717 sq.ft.	$183,500	Airbnb cash on cash: 2.74% Traditional cash on cash: 10.15% Airbnb Rental Income: $1439 Traditional Rental Income: $2303 Airbnb ROI: 2.74% Traditional ROI: 10.15%
57487 Lakeshore Dr Calumet, MI What's not to love about this property? What was once a modest two-bedroom lake house with...	4 beds \| 2 baths \| 3,871 sq.ft.	$649,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.03% Airbnb Rental Income: $null Traditional Rental Income: $2860 Airbnb ROI: N/A Traditional ROI: 2.03%
25307 Dover Rd Calumet, MI Rustic Pondside Cabin in the Woods. Tucked beneath tall pines and overlooking a quiet wood...	1 beds \| 1 baths \| 1,014 sq.ft.	$199,500	Airbnb cash on cash: 0.29% Traditional cash on cash: 5.77% Airbnb Rental Income: $975 Traditional Rental Income: $1661 Airbnb ROI: 0.29% Traditional ROI: 5.77%
56886 Calumet Ave Calumet, MI 56886 Calumet Ave, Calumet, MI 49913 \| Single Family Residential	6 beds \| 1 baths \| 3,498 sq.ft.	$215,000	Airbnb cash on cash: 6.75% Traditional cash on cash: 5.4% Airbnb Rental Income: $2603 Traditional Rental Income: $1706 Airbnb ROI: 6.75% Traditional ROI: 5.4%
25998 Depot St Calumet, MI 25998 Depot St, Calumet, MI 49913 \| Single Family Residential	3 beds \| 2 baths \| 1,578 sq.ft.	$170,000	Airbnb cash on cash: 3.15% Traditional cash on cash: 8.72% Airbnb Rental Income: $1439 Traditional Rental Income: $1913 Airbnb ROI: 3.15% Traditional ROI: 8.72%
56711 Hecla St Calumet, MI 56711 Hecla St, Calumet, MI 49913 \| Single Family Residential	3 beds \| 1 baths \| 1,274 sq.ft.	$132,900	Airbnb cash on cash: 4.67% Traditional cash on cash: 8.26% Airbnb Rental Income: $1439 Traditional Rental Income: $1468 Airbnb ROI: 4.67% Traditional ROI: 8.26%
TBD Electric Park Rd Calumet, MI TBD Electric Rd, Calumet, MI 49913 \| Other	N/A beds \| N/A baths \| N/A	$65,000	Airbnb cash on cash: 2.95% Traditional cash on cash: 6.57% Airbnb Rental Income: $760 Traditional Rental Income: $679 Airbnb ROI: 2.95% Traditional ROI: 6.57%
TBD M-203 Hwy Calumet, MI TBD M-203 Hwy, Calumet, MI 49913 \| Other	N/A beds \| N/A baths \| N/A	$39,900	Airbnb cash on cash: 6.01% Traditional cash on cash: 11.65% Airbnb Rental Income: $760 Traditional Rental Income: $679 Airbnb ROI: 6.01% Traditional ROI: 11.65%
59357 N Lakeshore Dr Calumet, MI 59357 N Lakeshore Dr, Calumet, MI 49913 \| Single Family Residential	4 beds \| 4 baths \| 2,992 sq.ft.	$1,168,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.12% Airbnb Rental Income: $null Traditional Rental Income: $2977 Airbnb ROI: N/A Traditional ROI: 0.12%
59095 Church St Calumet, MI Welcome to this updated 2-3 bedroom, 1-bath home on half an acre in Calumet Township. This...	2 beds \| 1 baths \| 1,276 sq.ft.	$199,900	Airbnb cash on cash: 0.92% Traditional cash on cash: 3.78% Airbnb Rental Income: $1121 Traditional Rental Income: $1288 Airbnb ROI: 0.92% Traditional ROI: 3.78%
57594 Rockland St Calumet, MI Move-in ready and thoughtfully updated, this 3 bedroom, 1.5 bath home in Calumet, offers 1...	3 beds \| 1 baths \| 1,368 sq.ft.	$207,900	Airbnb cash on cash: 3.29% Traditional cash on cash: 10.18% Airbnb Rental Income: $1439 Traditional Rental Income: $2370 Airbnb ROI: 3.29% Traditional ROI: 10.18%
4145 Cedar Bay Rd Calumet, MI 4145 Cedar Bay Rd, Calumet, MI 49913 \| Single Family Residential	4 beds \| 2 baths \| 1,850 sq.ft.	$545,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.52% Airbnb Rental Income: $null Traditional Rental Income: $2152 Airbnb ROI: N/A Traditional ROI: 1.52%
58621 US41 Hwy Calumet, MI 58621 US41 Hwy, Calumet, MI 49913 \| Single Family Residential	4 beds \| 1 baths \| 3,083 sq.ft.	$299,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.3% Airbnb Rental Income: $null Traditional Rental Income: $1736 Airbnb ROI: N/A Traditional ROI: 3.3%
27017 No. 4 Rd Calumet, MI Spacious 2+ car garage and a large corner lot (1.3 acres) are the cherries on top. Conveni...	3 beds \| 1 baths \| 1,072 sq.ft.	$179,900	Airbnb cash on cash: 2.84% Traditional cash on cash: 6.39% Airbnb Rental Income: $1439 Traditional Rental Income: $1617 Airbnb ROI: 2.84% Traditional ROI: 6.39%
59222 US 41 Hwy Calumet, MI Conveniently located in Calumet with easy access to nearby amenities, trails, shopping, di...	3 beds \| 2 baths \| 1,487 sq.ft.	$179,000	Airbnb cash on cash: 4.11% Traditional cash on cash: 11.11% Airbnb Rental Income: $1439 Traditional Rental Income: $2204 Airbnb ROI: 4.11% Traditional ROI: 11.11%
56844 Rockland St Calumet, MI 56844 Rockland St, Calumet, MI 49913 \| Single Family Residential	5 beds \| 2 baths \| 2,272 sq.ft.	$259,000	Airbnb cash on cash: 5.2% Traditional cash on cash: 6.6% Airbnb Rental Income: $2603 Traditional Rental Income: $2322 Airbnb ROI: 5.2% Traditional ROI: 6.6%
25243 W Cone St Calumet, MI 25243 W Cone St, Calumet, MI 49913 \| Single Family Residential	4 beds \| 1 baths \| 2,113 sq.ft.	$195,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.7% Airbnb Rental Income: $null Traditional Rental Income: $1614 Airbnb ROI: N/A Traditional ROI: 5.7%
57801 Lakeshore Dr Calumet, MI 57801 Lakeshore Dr, Calumet, MI 49913 \| Single Family Residential	1 beds \| 1 baths \| 1,084 sq.ft.	$567,000	Airbnb cash on cash: -1.53% Traditional cash on cash: -0.79% Airbnb Rental Income: $975 Traditional Rental Income: $1013 Airbnb ROI: -1.53% Traditional ROI: -0.79%
75 5th St Calumet, MI 75 5th St, Calumet, MI 49913 \| Other	N/A beds \| N/A baths \| N/A	$80,000	Airbnb cash on cash: 1.97% Traditional cash on cash: 6.58% Airbnb Rental Income: $760 Traditional Rental Income: $807 Airbnb ROI: 1.97% Traditional ROI: 6.58%
58755 US 41 Hwy Calumet, MI 58755 US 41 Hwy, Calumet, MI 49913 \| Single Family Residential	2 beds \| 1 baths \| 1,482 sq.ft.	$139,900	Airbnb cash on cash: 2.35% Traditional cash on cash: 6.49% Airbnb Rental Income: $1121 Traditional Rental Income: $1301 Airbnb ROI: 2.35% Traditional ROI: 6.49%
56702 Hecla St Calumet, MI 56702 Hecla St, Calumet, MI 49913 \| Single Family Residential	2 beds \| 1 baths \| 1,018 sq.ft.	$94,000	Airbnb cash on cash: 4.62% Traditional cash on cash: 9.92% Airbnb Rental Income: $1121 Traditional Rental Income: $1231 Airbnb ROI: 4.62% Traditional ROI: 9.92%
26248 E Pine St Calumet, MI 26248 E Pine St, Calumet, MI 49913 \| Single Family Residential	2 beds \| 1 baths \| 1,641 sq.ft.	$134,900	Airbnb cash on cash: 2.53% Traditional cash on cash: 7.05% Airbnb Rental Income: $1121 Traditional Rental Income: $1331 Airbnb ROI: 2.53% Traditional ROI: 7.05%
55779 Hancock St Calumet, MI 55779 Hancock St, Calumet, MI 49913 \| Single Family Residential	3 beds \| 1 baths \| 1,581 sq.ft.	$214,900	Airbnb cash on cash: 1.99% Traditional cash on cash: 4.62% Airbnb Rental Income: $1439 Traditional Rental Income: $1547 Airbnb ROI: 1.99% Traditional ROI: 4.62%
57415 10th St Calumet, MI 57415 10th St, Calumet, MI 49913 \| Single Family Residential	2 beds \| 1 baths \| 1,200 sq.ft.	$135,000	Airbnb cash on cash: 2.53% Traditional cash on cash: 6.67% Airbnb Rental Income: $1121 Traditional Rental Income: $1282 Airbnb ROI: 2.53% Traditional ROI: 6.67%
25220 Elm St Calumet, MI 25220 Elm St, Calumet, MI 49913 \| Single Family Residential	3 beds \| 1 baths \| 1,334 sq.ft.	$125,000	Airbnb cash on cash: 5.12% Traditional cash on cash: 8.8% Airbnb Rental Income: $1439 Traditional Rental Income: $1453 Airbnb ROI: 5.12% Traditional ROI: 8.8%
25614 Upper St Calumet, MI 25614 Upper St, Calumet, MI 49913 \| Single Family Residential	3 beds \| 1 baths \| 865 sq.ft.	$149,900	Airbnb cash on cash: 3.89% Traditional cash on cash: 6.29% Airbnb Rental Income: $1439 Traditional Rental Income: $1354 Airbnb ROI: 3.89% Traditional ROI: 6.29%

Real Estate investment in Calumet, MI

There are 28 properties for sale in the city of Calumet . The median list price in Calumet is $159,900 and the average price per square foot is $97. In August 2026, the average monthly cash on cash return in Calumet is 9.00%. The average monthly rental income in Calumet is $1,661.

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

There are 28 investment properties available for sale in Calumet.

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

The ROI for Long-Term is higher than the Short-Term in Calumet with average rental income of $1,661.

Your search for investment property begins and ends here

Investment Property for Sale in Calumet, MI

56199 Columbia St

Calumet, MI

3 beds | 1 baths | 1,717 sq.ft.

$183,500

Airbnb cash on cash: 2.74%

Traditional cash on cash: 10.15%

Airbnb Rental Income: $1439

Traditional Rental Income: $2303

Airbnb ROI: 2.74%

Traditional ROI: 10.15%

57487 Lakeshore Dr

Calumet, MI

4 beds | 2 baths | 3,871 sq.ft.

$649,900

Airbnb cash on cash: N/A

Traditional cash on cash: 2.03%

Airbnb Rental Income: $null

Traditional Rental Income: $2860

Airbnb ROI: N/A

Traditional ROI: 2.03%

25307 Dover Rd

Calumet, MI

1 beds | 1 baths | 1,014 sq.ft.

$199,500

Airbnb cash on cash: 0.29%

Traditional cash on cash: 5.77%

Airbnb Rental Income: $975

Traditional Rental Income: $1661

Airbnb ROI: 0.29%

Traditional ROI: 5.77%

56886 Calumet Ave

Calumet, MI

6 beds | 1 baths | 3,498 sq.ft.

$215,000

Airbnb cash on cash: 6.75%

Traditional cash on cash: 5.4%

Airbnb Rental Income: $2603

Traditional Rental Income: $1706

Airbnb ROI: 6.75%

Traditional ROI: 5.4%

25998 Depot St

Calumet, MI

3 beds | 2 baths | 1,578 sq.ft.

$170,000

Airbnb cash on cash: 3.15%

Traditional cash on cash: 8.72%

Airbnb Rental Income: $1439

Traditional Rental Income: $1913

Airbnb ROI: 3.15%

Traditional ROI: 8.72%

56711 Hecla St

Calumet, MI

3 beds | 1 baths | 1,274 sq.ft.

$132,900

Airbnb cash on cash: 4.67%

Traditional cash on cash: 8.26%

Airbnb Rental Income: $1439

Traditional Rental Income: $1468

Airbnb ROI: 4.67%

Traditional ROI: 8.26%

TBD Electric Park Rd

Calumet, MI

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

$65,000

Airbnb cash on cash: 2.95%

Traditional cash on cash: 6.57%

Airbnb Rental Income: $760

Traditional Rental Income: $679

Airbnb ROI: 2.95%

Traditional ROI: 6.57%

TBD M-203 Hwy

Calumet, MI

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

$39,900

Airbnb cash on cash: 6.01%

Traditional cash on cash: 11.65%

Airbnb Rental Income: $760

Traditional Rental Income: $679

Airbnb ROI: 6.01%