Real Estate Investment Properties for Sale in Gladwin, MI

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
4564 Hamilton Way Gladwin, MI Lake Lancer waterfront, 4 bedroom 3 bath. This sprawling ranch has room for everyone with ...	4 beds \| 3 baths \| 4,114 sq.ft.	$599,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.57% Airbnb Rental Income: $null Traditional Rental Income: $3052 Airbnb ROI: N/A Traditional ROI: 3.57%
4751 Appleby Ct Gladwin, MI Don't let the water frontage scare you off. There is plenty room for your pontoon to enjoy...	3 beds \| 2 baths \| 2,304 sq.ft.	$529,900	Airbnb cash on cash: -0.59% Traditional cash on cash: 2.28% Airbnb Rental Income: $1174 Traditional Rental Income: $2207 Airbnb ROI: -0.59% Traditional ROI: 2.28%
1026 Birch Ridge Road Gladwin, MI Tucked away on 2.2 wooded acres adjoining state land, this sprawling log home offers nearl...	4 beds \| 3 baths \| 2,545 sq.ft.	$397,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.87% Airbnb Rental Income: $null Traditional Rental Income: $3218 Airbnb ROI: N/A Traditional ROI: 6.87%
3358 E Pinecrest Gladwin, MI Discover the perfect blend of comfort, charm, and waterfront living at this beautifully up...	3 beds \| 2 baths \| 2,100 sq.ft.	$579,900	Airbnb cash on cash: 0.1% Traditional cash on cash: 3.77% Airbnb Rental Income: $1174 Traditional Rental Income: $2777 Airbnb ROI: 0.1% Traditional ROI: 3.77%
5073 Ruby Dr Gladwin, MI Gorgeous Island Lake waterfront home, sits on 75 feet of water frontage. This beautifully ...	2 beds \| 2 baths \| 832 sq.ft.	$289,700	Airbnb cash on cash: -1.42% Traditional cash on cash: 2.65% Airbnb Rental Income: $734 Traditional Rental Income: $1533 Airbnb ROI: -1.42% Traditional ROI: 2.65%
3448 Clendening Rd Gladwin, MI Motivated Seller. This open concept ranch is full of natural light and beautiful hardwood ...	3 beds \| 1 baths \| 1,250 sq.ft.	$235,000	Airbnb cash on cash: 0.61% Traditional cash on cash: 4.2% Airbnb Rental Income: $1174 Traditional Rental Income: $1587 Airbnb ROI: 0.61% Traditional ROI: 4.2%
3748 Fitzwater Rd Gladwin, MI Come see this country setting, partially remodeled home that is near to many trails, and c...	4 beds \| 1 baths \| 1,986 sq.ft.	$159,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.95% Airbnb Rental Income: $null Traditional Rental Income: $1384 Airbnb ROI: N/A Traditional ROI: 5.95%
1245 Chappel Valley Rd Gladwin, MI Spacious home & yard close to Wiggins Lake! Located on the corner of Pratt Lake Rd & Chapp...	3 beds \| 2 baths \| 1,431 sq.ft.	$244,328	Airbnb cash on cash: 1.58% Traditional cash on cash: 6.77% Airbnb Rental Income: $1174 Traditional Rental Income: $1987 Airbnb ROI: 1.58% Traditional ROI: 6.77%
4514 W Salisbury Dr Gladwin, MI One level 1620 Sqft Ranch tucked back on deep lot off the road. 2 bedrooms and optional ...	3 beds \| 2 baths \| 1,620 sq.ft.	$239,000	Airbnb cash on cash: 0.33% Traditional cash on cash: 7.49% Airbnb Rental Income: $1174 Traditional Rental Income: $2409 Airbnb ROI: 0.33% Traditional ROI: 7.49%
3826 Buzzell Rd Gladwin, MI Beautiful, remodeled log home located on one of the highest points in Gladwin County, over...	3 beds \| 3 baths \| 2,795 sq.ft.	$455,000	Airbnb cash on cash: 0.33% Traditional cash on cash: 5.14% Airbnb Rental Income: $1174 Traditional Rental Income: $2840 Airbnb ROI: 0.33% Traditional ROI: 5.14%
362 Beech St Gladwin, MI Peace and tranquility await you! Feel at home from the moment you pull in the drive, take...	2 beds \| 1 baths \| 1,210 sq.ft.	$149,999	Airbnb cash on cash: -0.21% Traditional cash on cash: 4.86% Airbnb Rental Income: $734 Traditional Rental Income: $1150 Airbnb ROI: -0.21% Traditional ROI: 4.86%
5403 Kings Way Gladwin, MI 2 bedroom and 1 full bath home in Sugar Spring with 1 attached car garage located on a cou...	2 beds \| 1 baths \| 864 sq.ft.	$169,900	Airbnb cash on cash: -0.76% Traditional cash on cash: 4.17% Airbnb Rental Income: $734 Traditional Rental Income: $1222 Airbnb ROI: -0.76% Traditional ROI: 4.17%
1865 Bye Way St Gladwin, MI Enjoy Northern Michigan living in this inviting 3-bedroom, 1.5-bath home located in the de...	3 beds \| 1 baths \| 1,448 sq.ft.	$222,500	Airbnb cash on cash: 0.55% Traditional cash on cash: 6.94% Airbnb Rental Income: $1174 Traditional Rental Income: $2136 Airbnb ROI: 0.55% Traditional ROI: 6.94%
3404 Clendening Rd Gladwin, MI Nestled on 1.26 beautifully wooded acres just outside the Gladwin city limits, this spacio...	4 beds \| 1 baths \| 1,040 sq.ft.	$249,999	Airbnb cash on cash: N/A Traditional cash on cash: 5.37% Airbnb Rental Income: $null Traditional Rental Income: $1957 Airbnb ROI: N/A Traditional ROI: 5.37%
2926 West River Gladwin, MI Wonderful Secord Lake Waterfront Home offers 4 bedrooms and 2 full baths, blending modern ...	4 beds \| 2 baths \| 2,107 sq.ft.	$475,500	Airbnb cash on cash: N/A Traditional cash on cash: 1.65% Airbnb Rental Income: $null Traditional Rental Income: $1953 Airbnb ROI: N/A Traditional ROI: 1.65%
4161 Pine St Gladwin, MI Secord Lake Water Access across the street. Two bedrooms, two bath home move in ready. Nat...	2 beds \| 2 baths \| 1,529 sq.ft.	$154,900	Airbnb cash on cash: -0.28% Traditional cash on cash: 11.04% Airbnb Rental Income: $734 Traditional Rental Income: $2099 Airbnb ROI: -0.28% Traditional ROI: 11.04%
1654 Opland Gladwin, MI Live the lake life without sacrificing privacy! Situated just off Pratt Lake on a spacious...	3 beds \| 1 baths \| 1,125 sq.ft.	$149,000	Airbnb cash on cash: 2.38% Traditional cash on cash: 6.81% Airbnb Rental Income: $1174 Traditional Rental Income: $1421 Airbnb ROI: 2.38% Traditional ROI: 6.81%
3956 N M-18 Gladwin, MI BRING AN OFFER-ALL OFFERS WILL BE CONSIDERED! 35,000 Sq. Ft of STEEL building on 10 acres ...	N/A beds \| 10 baths \| 35,186 sq.ft.	$500,000	Airbnb cash on cash: -2.63% Traditional cash on cash: 5.19% Airbnb Rental Income: $283 Traditional Rental Income: $3702 Airbnb ROI: -2.63% Traditional ROI: 5.19%
5392 THORNCHESTER Gladwin, MI Discover the perfect blend of space, luxury, and seclusion in this stunning property situa...	5 beds \| 4 baths \| 2,228 sq.ft.	$260,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.23% Airbnb Rental Income: $null Traditional Rental Income: $3321 Airbnb ROI: N/A Traditional ROI: 10.23%
103 Lakeview Gladwin, MI Waterfront cottage on ALL SPORT Smallwood LAKE! Welcome to your slice of recreational para...	2 beds \| 1 baths \| 900 sq.ft.	$139,000	Airbnb cash on cash: 0.48% Traditional cash on cash: 8.98% Airbnb Rental Income: $734 Traditional Rental Income: $1556 Airbnb ROI: 0.48% Traditional ROI: 8.98%
1654 Opland Rd Gladwin, MI Looking for a home near Gladwin, Michigan? Look no further! This 3-bedroom, 1-bath home is...	3 beds \| 1 baths \| 1,125 sq.ft.	$149,000	Airbnb cash on cash: 3.36% Traditional cash on cash: 9.64% Airbnb Rental Income: $1174 Traditional Rental Income: $1685 Airbnb ROI: 3.36% Traditional ROI: 9.64%
1379 Sioux St Gladwin, MI Stunning Secord Lake Waterfront Retreat. Welcome to this charming 2-bedroom, 2-bathroom la...	2 beds \| 2 baths \| 1,600 sq.ft.	$339,900	Airbnb cash on cash: -1.28% Traditional cash on cash: 5.12% Airbnb Rental Income: $734 Traditional Rental Income: $2466 Airbnb ROI: -1.28% Traditional ROI: 5.12%
6416 Jimary Ln Gladwin, MI This beautifully renovated lakeside home offers the perfect blend of modern comfort and ru...	2 beds \| 1 baths \| 1,837 sq.ft.	$159,000	Airbnb cash on cash: 0.55% Traditional cash on cash: 9.61% Airbnb Rental Income: $734 Traditional Rental Income: $1798 Airbnb ROI: 0.55% Traditional ROI: 9.61%
767 Hilo Gladwin, MI Two bedroom waterfront ( when the lake comes back, projected to be Summer 2026) home with ...	2 beds \| 1 baths \| 600 sq.ft.	$75,000	Airbnb cash on cash: 2.12% Traditional cash on cash: 10.99% Airbnb Rental Income: $734 Traditional Rental Income: $1080 Airbnb ROI: 2.12% Traditional ROI: 10.99%
501 N Cayuga Gladwin, MI GLADWIN CITY - Immaculate 3BR/2BA Victorian home with nearly 2,000 sq ft of living space o...	3 beds \| 2 baths \| 1,975 sq.ft.	$249,000	Airbnb cash on cash: 1.11% Traditional cash on cash: 8.57% Airbnb Rental Income: $1174 Traditional Rental Income: $2544 Airbnb ROI: 1.11% Traditional ROI: 8.57%
4116 Dutcher Road Gladwin, MI Tucked away at the end of a long, private driveway, this magnificent log home offers the p...	4 beds \| 3 baths \| 4,400 sq.ft.	$699,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.95% Airbnb Rental Income: $null Traditional Rental Income: $2981 Airbnb ROI: N/A Traditional ROI: 2.95%
2346 Jimary Ln Gladwin, MI Welcome home! Lake Four, Lake Access and community Dock and beach access! This beautifully...	2 beds \| 1 baths \| 800 sq.ft.	$125,000	Airbnb cash on cash: 0.68% Traditional cash on cash: 8.09% Airbnb Rental Income: $734 Traditional Rental Income: $1315 Airbnb ROI: 0.68% Traditional ROI: 8.09%
1208 Pheasant Run Gladwin, MI GLADWIN CITY - Immaculate, like new 3BR/2BA ranch in Pheasant Run Estates with attached 2-...	3 beds \| 2 baths \| 1,122 sq.ft.	$199,900	Airbnb cash on cash: 1.15% Traditional cash on cash: 8.26% Airbnb Rental Income: $1174 Traditional Rental Income: $2137 Airbnb ROI: 1.15% Traditional ROI: 8.26%
2738 Lakeshore Dr Gladwin, MI 2738 Lakeshore Dr, Gladwin, MI 48624 \| Single Family Residential	3 beds \| 2 baths \| 1,400 sq.ft.	$224,000	Airbnb cash on cash: 0.77% Traditional cash on cash: 4.91% Airbnb Rental Income: $1174 Traditional Rental Income: $1667 Airbnb ROI: 0.77% Traditional ROI: 4.91%
1351 Cedar Court Gladwin, MI Welcome to 1351 Cedar Court - the home you've been waiting for! Completely remodeled and t...	3 beds \| 2 baths \| 2,440 sq.ft.	$204,900	Airbnb cash on cash: 1.82% Traditional cash on cash: 8.1% Airbnb Rental Income: $1174 Traditional Rental Income: $2009 Airbnb ROI: 1.82% Traditional ROI: 8.1%
5641 Lakeside Dr Gladwin, MI 5641 Lakeside Dr, Gladwin, MI 48624 \| Single Family Residential	2 beds \| 1 baths \| 620 sq.ft.	$110,000	Airbnb cash on cash: 0.57% Traditional cash on cash: 4.18% Airbnb Rental Income: $734 Traditional Rental Income: $807 Airbnb ROI: 0.57% Traditional ROI: 4.18%
3358 E Pinecrest Dr Gladwin, MI 3358 E Pinecrest Dr, Gladwin, MI 48624 \| Single Family Residential	3 beds \| 2 baths \| 2,100 sq.ft.	$579,900	Airbnb cash on cash: -1.24% Traditional cash on cash: 1.24% Airbnb Rental Income: $1174 Traditional Rental Income: $2131 Airbnb ROI: -1.24% Traditional ROI: 1.24%

Real Estate investment in Gladwin, MI

There are 184 properties for sale in the city of Gladwin . The median list price in Gladwin is $160,604 and the average price per square foot is $92. In July 2026, the average monthly cash on cash return in Gladwin is 7.00%. The average monthly rental income in Gladwin is $1,163.

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

There are 184 investment properties available for sale in Gladwin.

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

The ROI for Long-Term is higher than the Short-Term in Gladwin with average rental income of $1,163.

Your search for investment property begins and ends here

Investment Property for Sale in Gladwin, MI

4564 Hamilton Way

Gladwin, MI

4 beds | 3 baths | 4,114 sq.ft.

$599,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.57%

Airbnb Rental Income: $null

Traditional Rental Income: $3052

Airbnb ROI: N/A

Traditional ROI: 3.57%

4751 Appleby Ct

Gladwin, MI

3 beds | 2 baths | 2,304 sq.ft.

$529,900

Airbnb cash on cash: -0.59%

Traditional cash on cash: 2.28%

Airbnb Rental Income: $1174

Traditional Rental Income: $2207

Airbnb ROI: -0.59%

Traditional ROI: 2.28%

1026 Birch Ridge Road

Gladwin, MI

4 beds | 3 baths | 2,545 sq.ft.

$397,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.87%

Airbnb Rental Income: $null

Traditional Rental Income: $3218

Airbnb ROI: N/A

Traditional ROI: 6.87%

3358 E Pinecrest

Gladwin, MI

3 beds | 2 baths | 2,100 sq.ft.

$579,900

Airbnb cash on cash: 0.1%

Traditional cash on cash: 3.77%

Airbnb Rental Income: $1174

Traditional Rental Income: $2777

Airbnb ROI: 0.1%

Traditional ROI: 3.77%

5073 Ruby Dr

Gladwin, MI

2 beds | 2 baths | 832 sq.ft.

$289,700

Airbnb cash on cash: -1.42%

Traditional cash on cash: 2.65%

Airbnb Rental Income: $734

Traditional Rental Income: $1533

Airbnb ROI: -1.42%

Traditional ROI: 2.65%

3448 Clendening Rd

Gladwin, MI

3 beds | 1 baths | 1,250 sq.ft.

$235,000

Airbnb cash on cash: 0.61%

Traditional cash on cash: 4.2%

Airbnb Rental Income: $1174

Traditional Rental Income: $1587

Airbnb ROI: 0.61%

Traditional ROI: 4.2%

3748 Fitzwater Rd

Gladwin, MI

4 beds | 1 baths | 1,986 sq.ft.

$159,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.95%

Airbnb Rental Income: $null

Traditional Rental Income: $1384

Airbnb ROI: N/A

Traditional ROI: 5.95%

1245 Chappel Valley Rd

Gladwin, MI

3 beds | 2 baths | 1,431 sq.ft.

$244,328

Airbnb cash on cash: 1.58%

Traditional cash on cash: 6.77%

Airbnb Rental Income: $1174

Traditional Rental Income: $1987

Airbnb ROI: 1.58%