Real Estate Investment Properties for Sale in Elmira, MI

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
5515 Winterset Drive Elmira, MI Enjoy peaceful lake views and modern comfort in this 2018 Lakes of the North home overlook...	2 beds \| 2 baths \| 1,700 sq.ft.	$389,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.39% Airbnb Rental Income: $null Traditional Rental Income: $2311 Airbnb ROI: N/A Traditional ROI: 3.39%
9860 Bingham Road Elmira, MI Take a look at this rare opportunity to own a beautiful home on the exclusive Huffman Lake...	3 beds \| N/A baths \| 1,790 sq.ft.	$499,000	Airbnb cash on cash: -1.15% Traditional cash on cash: 4.06% Airbnb Rental Income: $868 Traditional Rental Income: $2966 Airbnb ROI: -1.15% Traditional ROI: 4.06%
5597 Sunridge Drive Elmira, MI	3 beds \| 1 baths \| 1,131 sq.ft.	$225,000	Airbnb cash on cash: -0.45% Traditional cash on cash: 5.82% Airbnb Rental Income: $868 Traditional Rental Income: $1868 Airbnb ROI: -0.45% Traditional ROI: 5.82%
6836 Wrenwood Drive Elmira, MI Beautiful 4-bedroom, 3-bath home on 2 acres with in-floor heat throughout, gorgeous wood f...	4 beds \| 3 baths \| 4,160 sq.ft.	$650,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.63% Airbnb Rental Income: $null Traditional Rental Income: $3548 Airbnb ROI: N/A Traditional ROI: 4.63%
5062 Wildwood Drive Elmira, MI Charming 3-bedroom, 2-bath home in Lakes of the North! This beautifully maintained propert...	3 beds \| 2 baths \| 1,244 sq.ft.	$289,900	Airbnb cash on cash: 0.6% Traditional cash on cash: 7.16% Airbnb Rental Income: $868 Traditional Rental Income: $2326 Airbnb ROI: 0.6% Traditional ROI: 7.16%
1376 Camp 10 Road Elmira, MI Nestled on nearly 10 acres of beautiful hardwoods, this spacious home offers privacy, pote...	3 beds \| 3 baths \| 1,600 sq.ft.	$330,000	Airbnb cash on cash: 0.27% Traditional cash on cash: 6.78% Airbnb Rental Income: $868 Traditional Rental Income: $2552 Airbnb ROI: 0.27% Traditional ROI: 6.78%
5201 Terreton Circle Elmira, MI Cute and Cozy Chalet offers 3 bedrooms, 1 bath, with lots of new updates. All new wood loo...	3 beds \| 1 baths \| 1,132 sq.ft.	$289,900	Airbnb cash on cash: 0.08% Traditional cash on cash: 5.25% Airbnb Rental Income: $868 Traditional Rental Income: $1947 Airbnb ROI: 0.08% Traditional ROI: 5.25%
9649 Valleyway Drive Elmira, MI New construction. Still time to pick your colors and flooring. This 3BR, 2 full bath home ...	3 beds \| 2 baths \| 1,000 sq.ft.	$299,900	Airbnb cash on cash: 0.55% Traditional cash on cash: 6.65% Airbnb Rental Income: $868 Traditional Rental Income: $2256 Airbnb ROI: 0.55% Traditional ROI: 6.65%
4232 Snowridge Trail Elmira, MI Attention snowmobile and ORV enthusiasts! The perfect getaway awaits in Lakes of the North...	1 beds \| 1 baths \| 880 sq.ft.	$195,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.22% Airbnb Rental Income: $null Traditional Rental Income: $1526 Airbnb ROI: N/A Traditional ROI: 5.22%

Real Estate investment in Elmira, MI

There are 9 properties for sale in the city of Elmira . The median list price in Elmira is $289,900 and the average price per square foot is $184. In December 2025, the average monthly cash on cash return in Elmira is 6.00%. The average monthly rental income in Elmira is $2,256.

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

There are 9 investment properties available for sale in Elmira.

In 2025, the best neighborhood to buy investment property is Elmira.

The ROI for Short-Term is higher than the Long-Term in Elmira with average rental income of $868.

Your search for investment property begins and ends here

Investment Property for Sale in Elmira, MI

5515 Winterset Drive

Elmira, MI

2 beds | 2 baths | 1,700 sq.ft.

$389,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.39%

Airbnb Rental Income: $null

Traditional Rental Income: $2311

Airbnb ROI: N/A

Traditional ROI: 3.39%

9860 Bingham Road

Elmira, MI

3 beds | N/A baths | 1,790 sq.ft.

$499,000

Airbnb cash on cash: -1.15%

Traditional cash on cash: 4.06%

Airbnb Rental Income: $868

Traditional Rental Income: $2966

Airbnb ROI: -1.15%

Traditional ROI: 4.06%

5597 Sunridge Drive

Elmira, MI

3 beds | 1 baths | 1,131 sq.ft.

$225,000

Airbnb cash on cash: -0.45%

Traditional cash on cash: 5.82%

Airbnb Rental Income: $868

Traditional Rental Income: $1868

Airbnb ROI: -0.45%

Traditional ROI: 5.82%

6836 Wrenwood Drive

Elmira, MI

4 beds | 3 baths | 4,160 sq.ft.

$650,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.63%

Airbnb Rental Income: $null

Traditional Rental Income: $3548

Airbnb ROI: N/A

Traditional ROI: 4.63%

5062 Wildwood Drive

Elmira, MI

3 beds | 2 baths | 1,244 sq.ft.

$289,900

Airbnb cash on cash: 0.6%

Traditional cash on cash: 7.16%

Airbnb Rental Income: $868

Traditional Rental Income: $2326

Airbnb ROI: 0.6%

Traditional ROI: 7.16%

1376 Camp 10 Road

Elmira, MI

3 beds | 3 baths | 1,600 sq.ft.

$330,000

Airbnb cash on cash: 0.27%

Traditional cash on cash: 6.78%

Airbnb Rental Income: $868

Traditional Rental Income: $2552

Airbnb ROI: 0.27%

Traditional ROI: 6.78%

5201 Terreton Circle

Elmira, MI

3 beds | 1 baths | 1,132 sq.ft.

$289,900

Airbnb cash on cash: 0.08%

Traditional cash on cash: 5.25%

Airbnb Rental Income: $868

Traditional Rental Income: $1947

Airbnb ROI: 0.08%

Traditional ROI: 5.25%

9649 Valleyway Drive

Elmira, MI

3 beds | 2 baths | 1,000 sq.ft.

$299,900

Airbnb cash on cash: 0.55%

Traditional cash on cash: 6.65%

Airbnb Rental Income: $868

Traditional Rental Income: $2256

Airbnb ROI: 0.55%