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 Street Calumet, MI Charming, updated home tucked away on the edge of town, offering a balanced mix of histori...	3 beds \| 2 baths \| 1,717 sq.ft.	$183,500	Airbnb cash on cash: 2.46% Traditional cash on cash: 10.15% Airbnb Rental Income: $1379 Traditional Rental Income: $2303 Airbnb ROI: 2.46% Traditional ROI: 10.15%
56860 Boone Lane Calumet, MI Located in Calumet, MI, this updated and conveniently located 4-bedroom, 2-bath home offer...	4 beds \| 2 baths \| 2,040 sq.ft.	$195,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.68% Airbnb Rental Income: $null Traditional Rental Income: $2537 Airbnb ROI: N/A Traditional ROI: 10.68%
57487 Lakeshore Drive 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 Road 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.	$225,000	Airbnb cash on cash: 0.11% Traditional cash on cash: 4.84% Airbnb Rental Income: $1011 Traditional Rental Income: $1661 Airbnb ROI: 0.11% Traditional ROI: 4.84%
59095 Church Street 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: 0.16% Traditional cash on cash: 3.78% Airbnb Rental Income: $948 Traditional Rental Income: $1288 Airbnb ROI: 0.16% Traditional ROI: 3.78%
57594 Rockland Street Calumet, MI Move-in ready and thoughtfully updated, this 3 bedroom, 1.5 bath home in Calumet, offers 1...	3 beds \| 3 baths \| 1,368 sq.ft.	$207,900	Airbnb cash on cash: 3.03% Traditional cash on cash: 10.18% Airbnb Rental Income: $1379 Traditional Rental Income: $2370 Airbnb ROI: 3.03% Traditional ROI: 10.18%
3957 Cedar Bay Road Calumet, MI This well-kept Lake Superior home offers 100 feet of prime frontage and an unusually wide ...	2 beds \| 2 baths \| 1,055 sq.ft.	$539,000	Airbnb cash on cash: -0.91% Traditional cash on cash: 1.68% Airbnb Rental Income: $948 Traditional Rental Income: $1905 Airbnb ROI: -0.91% Traditional ROI: 1.68%
27017 No. 4 Road 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: 2.55% Traditional cash on cash: 6.39% Airbnb Rental Income: $1379 Traditional Rental Income: $1617 Airbnb ROI: 2.55% Traditional ROI: 6.39%
59222 US 41 Highway 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: 3.81% Traditional cash on cash: 11.11% Airbnb Rental Income: $1379 Traditional Rental Income: $2204 Airbnb ROI: 3.81% Traditional ROI: 11.11%

Real Estate investment in Calumet, MI

There are 9 properties for sale in the city of Calumet . The median list price in Calumet is $159,817 and the average price per square foot is $98. In June 2026, the average monthly cash on cash return in Calumet is 11.00%. The average monthly rental income in Calumet is $2,204.

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

There are 9 investment properties available for sale in Calumet.

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

The ROI for Short-Term is higher than the Long-Term in Calumet with average rental income of $1,379.

Your search for investment property begins and ends here

Investment Property for Sale in Calumet, MI

56199 Columbia Street

Calumet, MI

3 beds | 2 baths | 1,717 sq.ft.

$183,500

Airbnb cash on cash: 2.46%

Traditional cash on cash: 10.15%

Airbnb Rental Income: $1379

Traditional Rental Income: $2303

Airbnb ROI: 2.46%

Traditional ROI: 10.15%

56860 Boone Lane

Calumet, MI

4 beds | 2 baths | 2,040 sq.ft.

$195,000

Airbnb cash on cash: N/A

Traditional cash on cash: 10.68%

Airbnb Rental Income: $null

Traditional Rental Income: $2537

Airbnb ROI: N/A

Traditional ROI: 10.68%

57487 Lakeshore Drive

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 Road

Calumet, MI

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

$225,000

Airbnb cash on cash: 0.11%

Traditional cash on cash: 4.84%

Airbnb Rental Income: $1011

Traditional Rental Income: $1661

Airbnb ROI: 0.11%

Traditional ROI: 4.84%

59095 Church Street

Calumet, MI

2 beds | 1 baths | 1,276 sq.ft.

$199,900

Airbnb cash on cash: 0.16%

Traditional cash on cash: 3.78%

Airbnb Rental Income: $948

Traditional Rental Income: $1288

Airbnb ROI: 0.16%

Traditional ROI: 3.78%

57594 Rockland Street

Calumet, MI

3 beds | 3 baths | 1,368 sq.ft.

$207,900

Airbnb cash on cash: 3.03%

Traditional cash on cash: 10.18%

Airbnb Rental Income: $1379

Traditional Rental Income: $2370

Airbnb ROI: 3.03%

Traditional ROI: 10.18%

3957 Cedar Bay Road

Calumet, MI

2 beds | 2 baths | 1,055 sq.ft.

$539,000

Airbnb cash on cash: -0.91%

Traditional cash on cash: 1.68%

Airbnb Rental Income: $948

Traditional Rental Income: $1905

Airbnb ROI: -0.91%

Traditional ROI: 1.68%

27017 No. 4 Road

Calumet, MI

3 beds | 1 baths | 1,072 sq.ft.

$179,900

Airbnb cash on cash: 2.55%

Traditional cash on cash: 6.39%

Airbnb Rental Income: $1379

Traditional Rental Income: $1617

Airbnb ROI: 2.55%