Real Estate Investment Properties for Sale in Cheboygan, MI

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

Explore a variety of short-term homes & houses in Cheboygan, MI. Invest wisely with VRBO & Cheboygan, MI Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Condos for Sale in Cheboygan, MI

Search for Condo for Sale in Cheboygan, Michigan. Browse all of Mashvisor’s Condo listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 3 Condo listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
9452 M-33 #2 Cheboygan, MI Waterfront 1 bedroom 1 bath detached condo, 366 sq ft. Nice three seasons room that provid...	1 beds \| 1 baths \| 352 sq.ft.	$299,995	Airbnb cash on cash: 1.01% Traditional cash on cash: 3.16% Airbnb Rental Income: $1104 Traditional Rental Income: $1338 Airbnb ROI: 1.01% Traditional ROI: 3.16%
219 S MAIN STREET Cheboygan, MI Downtown Main Street condo living with space to dock up to a 40-foot boat on the Cheboygan...	2 beds \| 3 baths \| 2,118 sq.ft.	$449,000	Airbnb cash on cash: -0.75% Traditional cash on cash: 4.05% Airbnb Rental Income: $1233 Traditional Rental Income: $2859 Airbnb ROI: -0.75% Traditional ROI: 4.05%
Other Investment Properties for Sale in Cheboygan
178 Riverside Drive Cheboygan , MI Enjoy stress-free time on the Cheboygan River in this turn-key fully remodeled 5-bedroom, ...	5 beds \| 4 baths \| 3,360 sq.ft.	$525,000	Airbnb cash on cash: 2.14% Traditional cash on cash: 6.27% Airbnb Rental Income: $3088 Traditional Rental Income: $4411 Airbnb ROI: 2.14% Traditional ROI: 6.27%
16294 MORNINGSIDE LANE Cheboygan , MI Escape to this charming 2-bedroom, 2-bath ranch home offering breathtaking views and deede...	2 beds \| 2 baths \| 1,481 sq.ft.	$379,000	Airbnb cash on cash: 0.68% Traditional cash on cash: 4.49% Airbnb Rental Income: $1233 Traditional Rental Income: $2191 Airbnb ROI: 0.68% Traditional ROI: 4.49%
216 Riverside Drive Cheboygan , MI Prime Inland Waterway location with 100 feet of frontage on the Cheboygan River, just minu...	3 beds \| 2 baths \| 1,938 sq.ft.	$432,500	Airbnb cash on cash: 0.22% Traditional cash on cash: 4.33% Airbnb Rental Income: $1675 Traditional Rental Income: $2870 Airbnb ROI: 0.22% Traditional ROI: 4.33%
324 Cleveland Avenue Cheboygan , MI Renovated inside and out, this move-in ready 4-bedroom, 1-bath home with an attached garag...	4 beds \| 1 baths \| 1,800 sq.ft.	$195,000	Airbnb cash on cash: 4.35% Traditional cash on cash: 7.48% Airbnb Rental Income: $1864 Traditional Rental Income: $1943 Airbnb ROI: 4.35% Traditional ROI: 7.48%
3301 Bennett Cheboygan , MI Meticulously kept 3-bedroom, 2-bath home on nearly 20 acres of magnificent hardwoods, perf...	3 beds \| 2 baths \| 1,456 sq.ft.	$285,000	Airbnb cash on cash: 1.63% Traditional cash on cash: 5.88% Airbnb Rental Income: $1675 Traditional Rental Income: $2348 Airbnb ROI: 1.63% Traditional ROI: 5.88%
5180 Hiawatha Drive Cheboygan , MI Price Reduction! Lakefront living at its finest. Wake up to breathtaking sunrises. This st...	3 beds \| 3 baths \| 2,700 sq.ft.	$499,999	Airbnb cash on cash: -0.15% Traditional cash on cash: 3.68% Airbnb Rental Income: $1675 Traditional Rental Income: $2998 Airbnb ROI: -0.15% Traditional ROI: 3.68%
509 W FIRST STREET Cheboygan , MI Welcome to 509 W First St! This 4-bedroom, 2-bath home is perfectly located just a short w...	4 beds \| 2 baths \| 2,216 sq.ft.	$199,000	Airbnb cash on cash: 4.64% Traditional cash on cash: 11.84% Airbnb Rental Income: $1864 Traditional Rental Income: $2725 Airbnb ROI: 4.64% Traditional ROI: 11.84%
1803 N M 33 HWY Cheboygan , MI Invest with success and buy through Auction.com. This bank-owned investment property is a ...	3 beds \| 2 baths \| 1,450 sq.ft.	$177,000	Airbnb cash on cash: 4.1% Traditional cash on cash: 9.67% Airbnb Rental Income: $1675 Traditional Rental Income: $2146 Airbnb ROI: 4.1% Traditional ROI: 9.67%
8658 W BLACK LANE Cheboygan , MI Welcome to your slice of Northern Michigan waterfront living on the Black River, where eve...	4 beds \| 3 baths \| 2,472 sq.ft.	$649,900	Airbnb cash on cash: -0.43% Traditional cash on cash: 1.06% Airbnb Rental Income: $1864 Traditional Rental Income: $2270 Airbnb ROI: -0.43% Traditional ROI: 1.06%
1454 Sand Road Cheboygan , MI Charming 3-bedroom, 2-bath home nestled on 7 acres of beautiful hardwoods and located with...	3 beds \| 2 baths \| 2,900 sq.ft.	$419,000	Airbnb cash on cash: 1.4% Traditional cash on cash: 4.83% Airbnb Rental Income: $1675 Traditional Rental Income: $2551 Airbnb ROI: 1.4% Traditional ROI: 4.83%

Your search for investment property begins and ends here

Condos for Sale in Cheboygan, MI

9452 M-33 #2

Cheboygan, MI

1 beds | 1 baths | 352 sq.ft.

$299,995

Airbnb cash on cash: 1.01%

Traditional cash on cash: 3.16%

Airbnb Rental Income: $1104

Traditional Rental Income: $1338

Airbnb ROI: 1.01%

Traditional ROI: 3.16%

219 S MAIN STREET

Cheboygan, MI

2 beds | 3 baths | 2,118 sq.ft.

$449,000

Airbnb cash on cash: -0.75%

Traditional cash on cash: 4.05%

Airbnb Rental Income: $1233

Traditional Rental Income: $2859

Airbnb ROI: -0.75%

Traditional ROI: 4.05%

Other Investment Properties for Sale in Cheboygan

Cheboygan , MI

5 beds | 4 baths | 3,360 sq.ft.

$525,000

Airbnb cash on cash: 2.14%

Traditional cash on cash: 6.27%

Airbnb Rental Income: $3088

Traditional Rental Income: $4411

Airbnb ROI: 2.14%

Traditional ROI: 6.27%

Cheboygan , MI

2 beds | 2 baths | 1,481 sq.ft.

$379,000

Airbnb cash on cash: 0.68%

Traditional cash on cash: 4.49%

Airbnb Rental Income: $1233

Traditional Rental Income: $2191

Airbnb ROI: 0.68%

Traditional ROI: 4.49%

Cheboygan , MI

3 beds | 2 baths | 1,938 sq.ft.

$432,500

Airbnb cash on cash: 0.22%

Traditional cash on cash: 4.33%

Airbnb Rental Income: $1675

Traditional Rental Income: $2870

Airbnb ROI: 0.22%

Traditional ROI: 4.33%

Cheboygan , MI

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

$195,000

Airbnb cash on cash: 4.35%

Traditional cash on cash: 7.48%

Airbnb Rental Income: $1864

Traditional Rental Income: $1943

Airbnb ROI: 4.35%

Traditional ROI: 7.48%

Cheboygan , MI

3 beds | 2 baths | 1,456 sq.ft.

$285,000

Airbnb cash on cash: 1.63%

Traditional cash on cash: 5.88%

Airbnb Rental Income: $1675

Traditional Rental Income: $2348

Airbnb ROI: 1.63%

Traditional ROI: 5.88%

Cheboygan , MI

3 beds | 3 baths | 2,700 sq.ft.

$499,999

Airbnb cash on cash: -0.15%

Traditional cash on cash: 3.68%

Airbnb Rental Income: $1675

Traditional Rental Income: $2998

Airbnb ROI: -0.15%

Traditional ROI: 3.68%

Cheboygan , MI

4 beds | 2 baths | 2,216 sq.ft.

$199,000

Airbnb cash on cash: 4.64%