Real Estate Investment Properties for Sale in Grass Lake, MI

Looking for investment property in Grass Lake, MI with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
107 Studer Drive Grass Lake, MI ADORABLE, AFFORDABLE LAKEFRONT LIVING with major updates already done for you! This beauti...	2 beds \| 1 baths \| 933 sq.ft.	$239,900	Airbnb cash on cash: 0.11% Traditional cash on cash: 1.84% Airbnb Rental Income: $1045 Traditional Rental Income: $1076 Airbnb ROI: 0.11% Traditional ROI: 1.84%
10732 Marquedat Grass Lake, MI Welcome home to this charming 3 Bed/ 2 1/2 bath colonial nestled in Wolf Lake Highlands in...	3 beds \| 3 baths \| 2,841 sq.ft.	$439,900	Airbnb cash on cash: 0.25% Traditional cash on cash: 5.02% Airbnb Rental Income: $1461 Traditional Rental Income: $2993 Airbnb ROI: 0.25% Traditional ROI: 5.02%
15 Pinewood Drive Grass Lake, MI	3 beds \| 3 baths \| 1,756 sq.ft.	$384,985	Airbnb cash on cash: 1.49% Traditional cash on cash: 6.09% Airbnb Rental Income: $1461 Traditional Rental Income: $2691 Airbnb ROI: 1.49% Traditional ROI: 6.09%
22 Pinewood Grass Lake, MI	3 beds \| 2 baths \| 1,428 sq.ft.	$360,360	Airbnb cash on cash: 1.66% Traditional cash on cash: 5.2% Airbnb Rental Income: $1461 Traditional Rental Income: $2228 Airbnb ROI: 1.66% Traditional ROI: 5.2%
640 South Street Grass Lake, MI Move in ready in May 2026! Opportunity to select color finishes and much more if time allo...	2 beds \| 1 baths \| 1,245 sq.ft.	$325,000	Airbnb cash on cash: -0.75% Traditional cash on cash: 2% Airbnb Rental Income: $1045 Traditional Rental Income: $1521 Airbnb ROI: -0.75% Traditional ROI: 2%
000 E Michigan Ave Grass Lake, MI 000 E Michigan Ave, Grass Lake, MI 49240 \| Other	N/A beds \| N/A baths \| N/A	$274,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.94% Airbnb Rental Income: $null Traditional Rental Income: $1250 Airbnb ROI: N/A Traditional ROI: 1.94%
10233 Tims Lake Boulevard Grass Lake, MI This terrific Ranch in the popular neighborhood of Tims Lake Preserve provides first-floor...	3 beds \| 3 baths \| 3,382 sq.ft.	$625,000	Airbnb cash on cash: -1% Traditional cash on cash: 0.98% Airbnb Rental Income: $1461 Traditional Rental Income: $2180 Airbnb ROI: -1% Traditional ROI: 0.98%
2601 Sharon Hollow Rd Grass Lake, MI 2601 Sharon Hollow Rd, Grass Lake, MI 49240 \| Single Family Residential	2 beds \| 1 baths \| 1,600 sq.ft.	$324,800	Airbnb cash on cash: -0.6% Traditional cash on cash: 2.15% Airbnb Rental Income: $1045 Traditional Rental Income: $1521 Airbnb ROI: -0.6% Traditional ROI: 2.15%
3739 Lake Bluff Drive Grass Lake, MI Built in 2022, this custom designed home offers a perfect blend of modern luxury and thoug...	3 beds \| 3 baths \| 1,887 sq.ft.	$529,000	Airbnb cash on cash: -0.44% Traditional cash on cash: 3.64% Airbnb Rental Income: $1461 Traditional Rental Income: $3046 Airbnb ROI: -0.44% Traditional ROI: 3.64%
2601 Sharon Hollow Parcel A & B #(Parcels A & B) Grass Lake, MI Rare Dual-Parcel Opportunity on 23 Acres â Live, Build, Invest Discover a unique opport...	2 beds \| 1 baths \| 1,600 sq.ft.	$549,800	Airbnb cash on cash: -1.38% Traditional cash on cash: 0.57% Airbnb Rental Income: $1045 Traditional Rental Income: $1687 Airbnb ROI: -1.38% Traditional ROI: 0.57%
0 Congressional Lane Grass Lake, MI	4 beds \| 3 baths \| 2,285 sq.ft.	$470,010	Airbnb cash on cash: -0.75% Traditional cash on cash: 3.94% Airbnb Rental Income: $1289 Traditional Rental Income: $2948 Airbnb ROI: -0.75% Traditional ROI: 3.94%
1 Congressional Lane Grass Lake, MI	3 beds \| 2 baths \| 1,428 sq.ft.	$398,260	Airbnb cash on cash: -0.04% Traditional cash on cash: 3.17% Airbnb Rental Income: $1461 Traditional Rental Income: $2227 Airbnb ROI: -0.04% Traditional ROI: 3.17%
10260 Rexford Road Grass Lake, MI Welcome to waterfront living on the Wolf Lake Channel, with access to the Wolf Lake Chain ...	4 beds \| 3 baths \| 2,014 sq.ft.	$475,000	Airbnb cash on cash: -0.29% Traditional cash on cash: 4.62% Airbnb Rental Income: $1289 Traditional Rental Income: $3066 Airbnb ROI: -0.29% Traditional ROI: 4.62%
16420 Grass Lake Road Grass Lake, MI Property under contract, listed for comp purposes	3 beds \| N/A baths \| 1,416 sq.ft.	$200,000	Airbnb cash on cash: 2.73% Traditional cash on cash: 6.45% Airbnb Rental Income: $1461 Traditional Rental Income: $1735 Airbnb ROI: 2.73% Traditional ROI: 6.45%
2601 Sharon Hollow Parcel A Grass Lake, MI The property includes a 5.60 acre homesite featuring a well-maintained farmhouse with key ...	2 beds \| 1 baths \| 1,600 sq.ft.	$324,800	Airbnb cash on cash: -0.04% Traditional cash on cash: 3.25% Airbnb Rental Income: $1045 Traditional Rental Income: $1687 Airbnb ROI: -0.04% Traditional ROI: 3.25%

Real Estate investment in Grass-lake, MI

There are 24 properties for sale in the city of Grass Lake . The median list price in Grass Lake is $324,800 and the average price per square foot is $174. In April 2026, the average monthly cash on cash return in Grass Lake is 4.00%. The average monthly rental income in Grass Lake is $2,065.

Grass-lake, MI Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 24 investment properties available for sale in Grass-lake.

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

The ROI for Short-Term is higher than the Long-Term in Grass-lake with average rental income of $1,461.

Your search for investment property begins and ends here

Investment Property for Sale in Grass Lake, MI

107 Studer Drive

Grass Lake, MI

2 beds | 1 baths | 933 sq.ft.

$239,900

Airbnb cash on cash: 0.11%

Traditional cash on cash: 1.84%

Airbnb Rental Income: $1045

Traditional Rental Income: $1076

Airbnb ROI: 0.11%

Traditional ROI: 1.84%

10732 Marquedat

Grass Lake, MI

3 beds | 3 baths | 2,841 sq.ft.

$439,900

Airbnb cash on cash: 0.25%

Traditional cash on cash: 5.02%

Airbnb Rental Income: $1461

Traditional Rental Income: $2993

Airbnb ROI: 0.25%

Traditional ROI: 5.02%

15 Pinewood Drive

Grass Lake, MI

3 beds | 3 baths | 1,756 sq.ft.

$384,985

Airbnb cash on cash: 1.49%

Traditional cash on cash: 6.09%

Airbnb Rental Income: $1461

Traditional Rental Income: $2691

Airbnb ROI: 1.49%

Traditional ROI: 6.09%

22 Pinewood

Grass Lake, MI

3 beds | 2 baths | 1,428 sq.ft.

$360,360

Airbnb cash on cash: 1.66%

Traditional cash on cash: 5.2%

Airbnb Rental Income: $1461

Traditional Rental Income: $2228

Airbnb ROI: 1.66%

Traditional ROI: 5.2%

640 South Street

Grass Lake, MI

2 beds | 1 baths | 1,245 sq.ft.

$325,000

Airbnb cash on cash: -0.75%

Traditional cash on cash: 2%

Airbnb Rental Income: $1045

Traditional Rental Income: $1521

Airbnb ROI: -0.75%

Traditional ROI: 2%

000 E Michigan Ave

Grass Lake, MI

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

$274,900

Airbnb cash on cash: N/A

Traditional cash on cash: 1.94%

Airbnb Rental Income: $null

Traditional Rental Income: $1250

Airbnb ROI: N/A

Traditional ROI: 1.94%

10233 Tims Lake Boulevard

Grass Lake, MI

3 beds | 3 baths | 3,382 sq.ft.

$625,000

Airbnb cash on cash: -1%

Traditional cash on cash: 0.98%

Airbnb Rental Income: $1461

Traditional Rental Income: $2180

Airbnb ROI: -1%

Traditional ROI: 0.98%

2601 Sharon Hollow Rd

Grass Lake, MI

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

$324,800

Airbnb cash on cash: -0.6%

Traditional cash on cash: 2.15%

Airbnb Rental Income: $1045

Traditional Rental Income: $1521

Airbnb ROI: -0.6%