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
6500 Welch Lake Rd Grass Lake, MI Master bedroom with home office or exercise area. Also perfect for Nursery. Lots of natura...	N/A beds \| N/A baths \| 2,208 sq.ft.	$140,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.68% Airbnb Rental Income: $null Traditional Rental Income: $806 Airbnb ROI: N/A Traditional ROI: 2.68%
674 South St Grass Lake, MI Beautifully maintained Ranch Condo with handicapped accessible features in the Village of ...	2 beds \| 1 baths \| 1,500 sq.ft.	$219,000	Airbnb cash on cash: 0.47% Traditional cash on cash: 2.6% Airbnb Rental Income: $1504 Traditional Rental Income: $1506 Airbnb ROI: 0.47% Traditional ROI: 2.6%
12815 E Michigan Ave Grass Lake, MI One of the Most Admired Homes in GRASS LAKE! IMPRESSIVE CAPE COD Home on 2 acres of impecc...	4 beds \| 3 baths \| 3,564 sq.ft.	$674,900	Airbnb cash on cash: 1.4% Traditional cash on cash: 2.2% Airbnb Rental Income: $2932 Traditional Rental Income: $2758 Airbnb ROI: 1.4% Traditional ROI: 2.2%
117 STUDER Dr Grass Lake, MI Discover tranquil lakeside living in this beautifully updated 3-bedroom, 2-bath home boast...	3 beds \| 2 baths \| 2,744 sq.ft.	$399,000	Airbnb cash on cash: 1.01% Traditional cash on cash: 4.51% Airbnb Rental Income: $1642 Traditional Rental Income: $2490 Airbnb ROI: 1.01% Traditional ROI: 4.51%
1893 Suncrest Drive Grass Lake, MI Exceptional move-in ready ranch offering extensive upgrades and improvements completed wit...	4 beds \| 4 baths \| 3,590 sq.ft.	$615,000	Airbnb cash on cash: 2.58% Traditional cash on cash: 3.01% Airbnb Rental Income: $2932 Traditional Rental Income: $2506 Airbnb ROI: 2.58% Traditional ROI: 3.01%
10980 Seymour Rd Grass Lake, MI PAINTED OUT OF A PICTURE SCENE WITH A WOODED BACKDROP OF WATERLOO STATE & DNR RECREATIONAL...	3 beds \| 1 baths \| 1,066 sq.ft.	$249,500	Airbnb cash on cash: 2.53% Traditional cash on cash: 3.6% Airbnb Rental Income: $1642 Traditional Rental Income: $1431 Airbnb ROI: 2.53% Traditional ROI: 3.6%
7925 Seymour Rd Grass Lake, MI	5 beds \| 2 baths \| 3,861 sq.ft.	$379,000	Airbnb cash on cash: 0.64% Traditional cash on cash: 3.11% Airbnb Rental Income: $1625 Traditional Rental Income: $2045 Airbnb ROI: 0.64% Traditional ROI: 3.11%
5350 List Rd Grass Lake, MI	3 beds \| 2 baths \| 1,680 sq.ft.	$359,900	Airbnb cash on cash: 1.29% Traditional cash on cash: 3.17% Airbnb Rental Income: $1642 Traditional Rental Income: $1814 Airbnb ROI: 1.29% Traditional ROI: 3.17%
8330 Clear Lake Rd Grass Lake, MI Buy through Auction.com. This foreclosure property is a great opportunity to invest in thi...	3 beds \| 2 baths \| 2,554 sq.ft.	$369,900	Airbnb cash on cash: 1.35% Traditional cash on cash: 4.55% Airbnb Rental Income: $1642 Traditional Rental Income: $2289 Airbnb ROI: 1.35% Traditional ROI: 4.55%
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.	$429,900	Airbnb cash on cash: 0.66% Traditional cash on cash: 5.16% Airbnb Rental Income: $1642 Traditional Rental Income: $2993 Airbnb ROI: 0.66% Traditional ROI: 5.16%
3605 Deerfield Ct Grass Lake, MI Welcome Home. This beautiful detached condo boasts upgrades galore and plenty of low maint...	3 beds \| 3 baths \| 2,457 sq.ft.	$425,000	Airbnb cash on cash: -0.08% Traditional cash on cash: 2.53% Airbnb Rental Income: $1642 Traditional Rental Income: $2215 Airbnb ROI: -0.08% Traditional ROI: 2.53%
13141 Grass Lake Rd Grass Lake, MI GRASS LAKE! 3,816 SF 2 story Farm House on 1.72 acres! 3-4 bed 2.5 baths! A Beautiful Curv...	5 beds \| 2 baths \| 4,016 sq.ft.	$489,000	Airbnb cash on cash: 0.57% Traditional cash on cash: 4.51% Airbnb Rental Income: $1625 Traditional Rental Income: $2969 Airbnb ROI: 0.57% Traditional ROI: 4.51%
2010 Wolf Lake Rd Grass Lake, MI Welcome Home!! You will fall in love with this beautiful custom built new construction ho...	3 beds \| 2 baths \| 1,350 sq.ft.	$375,000	Airbnb cash on cash: 1.81% Traditional cash on cash: 4.89% Airbnb Rental Income: $1642 Traditional Rental Income: $2264 Airbnb ROI: 1.81% Traditional ROI: 4.89%
15 Pinewood Dr Grass Lake, MI	3 beds \| 2 baths \| 1,756 sq.ft.	$384,985	Airbnb cash on cash: 1.91% Traditional cash on cash: 6.09% Airbnb Rental Income: $1642 Traditional Rental Income: $2691 Airbnb ROI: 1.91% Traditional ROI: 6.09%
2413 N Burgett Ln Grass Lake, MI This new construction Norfolk ranch plan has it all! Great room with stone gas fireplace. ...	3 beds \| 2 baths \| 3,206 sq.ft.	$460,000	Airbnb cash on cash: 1.42% Traditional cash on cash: 4.45% Airbnb Rental Income: $1642 Traditional Rental Income: $2486 Airbnb ROI: 1.42% Traditional ROI: 4.45%
12731 Morrissey Rd Grass Lake, MI Large 1792 sq ft ranch home on 2.2 country acres on a paved road with natural gas heat. O...	3 beds \| 2 baths \| 2,592 sq.ft.	$225,000	Airbnb cash on cash: 2.5% Traditional cash on cash: 9.26% Airbnb Rental Income: $1642 Traditional Rental Income: $2618 Airbnb ROI: 2.5% Traditional ROI: 9.26%
Burtch Rd Grass Lake, MI Burtch Rd, Grass Lake, MI 49240 \| Other	N/A beds \| N/A baths \| N/A	$112,500	Airbnb cash on cash: N/A Traditional cash on cash: 2.5% Airbnb Rental Income: $null Traditional Rental Income: $637 Airbnb ROI: N/A Traditional ROI: 2.5%
Moeckel Rd Grass Lake, MI Moeckel Rd, Grass Lake, MI 49240 \| Other	N/A beds \| N/A baths \| N/A	$950,000	Airbnb cash on cash: N/A Traditional cash on cash: -1.79% Airbnb Rental Income: $null Traditional Rental Income: $751 Airbnb ROI: N/A Traditional ROI: -1.79%
10230 Tims Lake Blvd #63 Grass Lake, MI 10230 Tims Lake Blvd #63, Grass Lake, MI 49240 \| Other	N/A beds \| N/A baths \| N/A	$69,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.25% Airbnb Rental Income: $null Traditional Rental Income: $533 Airbnb ROI: N/A Traditional ROI: 3.25%
Lot L Willis Rd Grass Lake, MI Lot L Willis Rd, Grass Lake, MI 49240 \| Other	N/A beds \| N/A baths \| N/A	$145,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.4% Airbnb Rental Income: $null Traditional Rental Income: $636 Airbnb ROI: N/A Traditional ROI: 1.4%
0 Seymour #E Rd Grass Lake, MI 0 Seymour #E Rd, Grass Lake, MI 49240 \| Other	N/A beds \| N/A baths \| N/A	$126,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.21% Airbnb Rental Income: $null Traditional Rental Income: $544 Airbnb ROI: N/A Traditional ROI: 1.21%
Lot 78 Lake Blf Grass Lake, MI Lot #78 Lake Blf, LEONI, MI 49240 \| Other	N/A beds \| N/A baths \| N/A	$41,500	Airbnb cash on cash: N/A Traditional cash on cash: 6.95% Airbnb Rental Income: $null Traditional Rental Income: $544 Airbnb ROI: N/A Traditional ROI: 6.95%
0 Seymour Rd #Parcel F Grass Lake, MI 0 Seymour Rd #Parcel F, Grass Lake, MI 49240 \| Other	N/A beds \| N/A baths \| N/A	$126,000	Airbnb cash on cash: N/A Traditional cash on cash: 2% Airbnb Rental Income: $null Traditional Rental Income: $640 Airbnb ROI: N/A Traditional ROI: 2%
VL Congressional Ln #1 Grass Lake, MI VL Congressional Ln #1, Grass Lake, MI 49240 \| Other	N/A beds \| N/A baths \| N/A	$60,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.17% Airbnb Rental Income: $null Traditional Rental Income: $622 Airbnb ROI: N/A Traditional ROI: 6.17%
VL Congressional Ln #18 Grass Lake, MI VL Congressional Ln #18, Grass Lake, MI 49240 \| Other	N/A beds \| N/A baths \| N/A	$45,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.77% Airbnb Rental Income: $null Traditional Rental Income: $622 Airbnb ROI: N/A Traditional ROI: 8.77%
VL Congressional Ln #2 Grass Lake, MI VL Congressional Ln #2, Grass Lake, MI 49240 \| Other	N/A beds \| N/A baths \| N/A	$45,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.77% Airbnb Rental Income: $null Traditional Rental Income: $622 Airbnb ROI: N/A Traditional ROI: 8.77%
640 South St Grass Lake, MI Move in ready in May 2026! Opportunity to select color finishes and much more if time allo...	2 beds \| 1 baths \| 2,445 sq.ft.	$299,000	Airbnb cash on cash: 0.76% Traditional cash on cash: 3.91% Airbnb Rental Income: $1504 Traditional Rental Income: $1951 Airbnb ROI: 0.76% Traditional ROI: 3.91%
10289 Lee Road Grass Lake, MI Welcome Home to Grass Lake -- Peaceful Country Living with Modern Comforts. Discover this ...	3 beds \| 2 baths \| 1,491 sq.ft.	$399,999	Airbnb cash on cash: 0.88% Traditional cash on cash: 3.3% Airbnb Rental Income: $1642 Traditional Rental Income: $2087 Airbnb ROI: 0.88% Traditional ROI: 3.3%
2601 Sharon Hollow Parcel A Rd 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: 0.66% Traditional cash on cash: 1.11% Airbnb Rental Income: $1504 Traditional Rental Income: $1203 Airbnb ROI: 0.66% Traditional ROI: 1.11%
2601 Sharon Hollow Parcel A & B Rd #(Parcels A & B) Grass Lake, MI Rare Dual-Parcel Opportunity on 23 Acres - Live, Build, Invest Discover a unique opportuni...	2 beds \| 1 baths \| 1,600 sq.ft.	$549,800	Airbnb cash on cash: -0.64% Traditional cash on cash: 0.57% Airbnb Rental Income: $1504 Traditional Rental Income: $1687 Airbnb ROI: -0.64% Traditional ROI: 0.57%
15250 Easudes Rd Grass Lake, MI Properties of this caliber rarely become available. Set on 15.48 acres, this 1860 Victoria...	3 beds \| 2 baths \| 1,823 sq.ft.	$576,000	Airbnb cash on cash: 0.13% Traditional cash on cash: 1.69% Airbnb Rental Income: $1642 Traditional Rental Income: $2019 Airbnb ROI: 0.13% Traditional ROI: 1.69%
10577 Keane Dr Grass Lake, MI	4 beds \| 2 baths \| 2,160 sq.ft.	$464,900	Airbnb cash on cash: 2.7% Traditional cash on cash: 3.73% Airbnb Rental Income: $2932 Traditional Rental Income: $2706 Airbnb ROI: 2.7% Traditional ROI: 3.73%
2545 Wolf Lake Road Grass Lake, MI	3 beds \| 2 baths \| 1,404 sq.ft.	$389,000	Airbnb cash on cash: 0.96% Traditional cash on cash: 3.19% Airbnb Rental Income: $1642 Traditional Rental Income: $1994 Airbnb ROI: 0.96% Traditional ROI: 3.19%
165 East Ave Grass Lake, MI Welcome to the perfect blend of space, style, and small-town charm right in the heart of G...	4 beds \| 2 baths \| 2,366 sq.ft.	$340,000	Airbnb cash on cash: 4.9% Traditional cash on cash: 5.89% Airbnb Rental Income: $2932 Traditional Rental Income: $2569 Airbnb ROI: 4.9% Traditional ROI: 5.89%
10260 Mack Island Rd Grass Lake, MI	3 beds \| 1 baths \| 1,400 sq.ft.	$299,000	Airbnb cash on cash: 2.09% Traditional cash on cash: 5.01% Airbnb Rental Income: $1642 Traditional Rental Income: $2001 Airbnb ROI: 2.09% Traditional ROI: 5.01%
16400 Easudes Rd Grass Lake, MI 16400 Easudes Rd, Grass Lake, MI 49240 \| Single Family Residential	6 beds \| 4 baths \| 9,156 sq.ft.	$1,100,000	Airbnb cash on cash: -1.48% Traditional cash on cash: 0.72% Airbnb Rental Income: $1625 Traditional Rental Income: $3422 Airbnb ROI: -1.48% Traditional ROI: 0.72%

Real Estate investment in Grass-lake, MI

There are 81 properties for sale in the city of Grass Lake . The median list price in Grass Lake is $321,807 and the average price per square foot is $134. In September 2026, the average monthly cash on cash return in Grass Lake is 3.00%. The average monthly rental income in Grass Lake is $2,036.

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

There are 81 investment properties available for sale in Grass-lake.

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

The ROI for Long-Term is higher than the Short-Term in Grass-lake with average rental income of $2,036.

Your search for investment property begins and ends here

Investment Property for Sale in Grass Lake, MI

6500 Welch Lake Rd

Grass Lake, MI

N/A beds | N/A baths | 2,208 sq.ft.

$140,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.68%

Airbnb Rental Income: $null

Traditional Rental Income: $806

Airbnb ROI: N/A

Traditional ROI: 2.68%

674 South St

Grass Lake, MI

2 beds | 1 baths | 1,500 sq.ft.

$219,000

Airbnb cash on cash: 0.47%

Traditional cash on cash: 2.6%

Airbnb Rental Income: $1504

Traditional Rental Income: $1506

Airbnb ROI: 0.47%

Traditional ROI: 2.6%

12815 E Michigan Ave

Grass Lake, MI

4 beds | 3 baths | 3,564 sq.ft.

$674,900

Airbnb cash on cash: 1.4%

Traditional cash on cash: 2.2%

Airbnb Rental Income: $2932

Traditional Rental Income: $2758

Airbnb ROI: 1.4%

Traditional ROI: 2.2%

117 STUDER Dr

Grass Lake, MI

3 beds | 2 baths | 2,744 sq.ft.

$399,000

Airbnb cash on cash: 1.01%

Traditional cash on cash: 4.51%

Airbnb Rental Income: $1642

Traditional Rental Income: $2490

Airbnb ROI: 1.01%

Traditional ROI: 4.51%

1893 Suncrest Drive

Grass Lake, MI

4 beds | 4 baths | 3,590 sq.ft.

$615,000

Airbnb cash on cash: 2.58%

Traditional cash on cash: 3.01%

Airbnb Rental Income: $2932

Traditional Rental Income: $2506

Airbnb ROI: 2.58%

Traditional ROI: 3.01%

10980 Seymour Rd

Grass Lake, MI

3 beds | 1 baths | 1,066 sq.ft.

$249,500

Airbnb cash on cash: 2.53%

Traditional cash on cash: 3.6%

Airbnb Rental Income: $1642

Traditional Rental Income: $1431

Airbnb ROI: 2.53%

Traditional ROI: 3.6%

7925 Seymour Rd

Grass Lake, MI

5 beds | 2 baths | 3,861 sq.ft.

$379,000

Airbnb cash on cash: 0.64%

Traditional cash on cash: 3.11%

Airbnb Rental Income: $1625

Traditional Rental Income: $2045

Airbnb ROI: 0.64%

Traditional ROI: 3.11%

5350 List Rd

Grass Lake, MI

3 beds | 2 baths | 1,680 sq.ft.

$359,900

Airbnb cash on cash: 1.29%

Traditional cash on cash: 3.17%

Airbnb Rental Income: $1642

Traditional Rental Income: $1814

Airbnb ROI: 1.29%