Real Estate Investment Properties for Sale in Grayling, MI
Looking for investment property in Grayling, MI with high ROI ?
Explore a variety of short-term homes & houses in Grayling, MI. Invest wisely with VRBO & Grayling, 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 Grayling, MI
| PROPERTY | DETAILS | SALE PRICE | INVESTMENT PERFORMANCE |
|---|---|---|---|
719 Wright RdGrayling, MIThe source for information of this property is the county and township records, past appra... |
4 beds | 4 baths | 4,686 sq.ft. |
$754,900 |
Airbnb cash on cash: 1.21%
|
8541 S Grayling RdGrayling, MIRoom to grow in this spacious 4-bedroom, 2-bath home set on 1 acre, offering the perfect b... |
4 beds | 2 baths | 4,474 sq.ft. |
$199,000 |
Airbnb cash on cash: 8.3%
|
209 Peninsular Ave #AGrayling, MIDowntown Grayling DUCK POND condos- ONLY 3 left! FIRST EVER & waiting for new owners! Brig... |
2 beds | 2 baths | 1,920 sq.ft. |
$214,000 |
Airbnb cash on cash: 1.66%
|
6838 Williams TrlGrayling, MICompletely Remodeled on 6 Private Wooded Acres! This stunning 3-bedroom, 2-bath ranch offe... |
3 beds | 2 baths | 1,504 sq.ft. |
$297,000 |
Airbnb cash on cash: 2.02%
|
1065 S Mcmasters Bridge RdGrayling, MIWelcome to 1065 S McMasters Bridge Rd in Grayling! An exceptional log cabin retreat set al... |
4 beds | 3 baths | 2,960 sq.ft. |
$799,000 |
Airbnb cash on cash: -0.16%
|
10441 Alpenhof DrGrayling, MIAwesome Chalet with 3 car garage sits on 3 lots in a peaceful setting in Warbler's Hideawa... |
3 beds | 1 baths | 1,140 sq.ft. |
$186,000 |
Airbnb cash on cash: 3.71%
|
3140 Northeast TrlGrayling, MIWelcome to Warblers Hideaway, a community with plenty of association amenities to enjoy. T... |
3 beds | 2 baths | 1,526 sq.ft. |
$334,999 |
Airbnb cash on cash: 0.47%
|
2153 Viking WayGrayling, MIThis well maintained 2-bedroom, 2-bath, 1182 sq. ft. home is located in the Viking Village... |
2 beds | 2 baths | 1,394 sq.ft. |
$169,900 |
Airbnb cash on cash: 2.71%
|
2392 S Horseshoe TrlGrayling, MINeeds some Lovin but Lots of potential awaits new owners of this stable, 1520 sq ft home o... |
2 beds | 1 baths | 1,520 sq.ft. |
$174,900 |
Airbnb cash on cash: 2.63%
|
11846 W M-72 HwyGrayling, MIBeautiful, spacious home along the Manistee River with 185 feet of frontage! This home fea... |
5 beds | 3 baths | 4,700 sq.ft. |
$559,900 |
Airbnb cash on cash: -0.7%
|
6972 W Seven Mile RdGrayling, MISet on 35 pristine acres of mixed hardwoods and evergreens, this serene property offers ab... |
2 beds | 1 baths | 960 sq.ft. |
$300,000 |
Airbnb cash on cash: 0.51%
|
107 Vilas StGrayling, MIPerfect first home for a small family. Modern updates creates a cute a cozy feel. Two bedr... |
2 beds | 1 baths | 1,000 sq.ft. |
$185,000 |
Airbnb cash on cash: 2.36%
|
1880 Cherry Creek TrlGrayling, MIWelcome to your up north getaway in beautiful Grayling, Michigan. This fully furnished cab... |
3 beds | 1 baths | 1,852 sq.ft. |
$382,000 |
Airbnb cash on cash: 1.61%
|
2498 W Five Mile RdGrayling, MICABIN WITH 60.5 ACRES WITH STATE LAND ON 2 SIDES. POLE BARN 30 x 40 with electric. Hunters... |
1 beds | 1 baths | 845 sq.ft. |
$325,000 |
Airbnb cash on cash: -0.54%
|
2969 Cambay TrlGrayling, MIThis is an awesome Up North getaway! Whether you hunt, fish, camp, or just want to get awa... |
3 beds | 1 baths | 962 sq.ft. |
$145,000 |
Airbnb cash on cash: 4.78%
|
2706 Newatch AveGrayling, MIWelcome to your dream getaway! Nestled along the pristine Au Sable River, this beautifully... |
2 beds | 1 baths | 945 sq.ft. |
$226,900 |
Airbnb cash on cash: 2.57%
|
3935 Tara LnGrayling, MIMOIVATED SELLER! This stunning rustic home is Timber Frame construction boasting 4100 sf o... |
2 beds | 3 baths | 4,100 sq.ft. |
$425,000 |
Airbnb cash on cash: 0.4%
|
935 Robinhood LnGrayling, MICustom saltbox home with a full finished basement and plenty of extras. The fenced backyar... |
3 beds | 2 baths | 3,439 sq.ft. |
$375,000 |
Airbnb cash on cash: 1.65%
|
705 Plum StGrayling, MINEW PRICE & DOUBLE LOT! Grayling is a wonderful place to call home! Move-in ready property... |
2 beds | 1 baths | 832 sq.ft. |
$174,900 |
Airbnb cash on cash: 3.67%
|
2894 White Pine DrGrayling, MINestled just minutes from the crystal-clear Manistee River, this updated 2 bed, 2 bath hom... |
2 beds | 2 baths | 970 sq.ft. |
$119,900 |
Airbnb cash on cash: 5.48%
|
2200 Daffodil TrlGrayling, MILarge family home located on a square 10 acre parcel in Maple Forest. This home is just un... |
3 beds | 2 baths | 1,700 sq.ft. |
$279,900 |
Airbnb cash on cash: 1.98%
|
4079 W Pinecrest RdGrayling, MI4079 W Pinecrest Rd, Grayling, MI 49738 | Single Family Residential |
3 beds | 1 baths | 1,056 sq.ft. |
$144,900 |
Airbnb cash on cash: 4.41%
|
10333 Madison AveGrayling, MI10333 Madison Ave, Grayling, MI 49738 | Single Family Residential |
3 beds | 2 baths | 952 sq.ft. |
$99,000 |
Airbnb cash on cash: 7.47%
|
2698 Newatch AveGrayling, MI2698 Newatch Ave, Grayling, MI 49738 | Single Family Residential |
3 beds | 1 baths | 1,056 sq.ft. |
$275,000 |
Airbnb cash on cash: 1.18%
|
9246 Outing PlGrayling, MI9246 Outing Pl, Grayling, MI 49738 | Single Family Residential |
2 beds | 2 baths | 1,017 sq.ft. |
$350,000 |
Airbnb cash on cash: 0.08%
|
1205 E Michigan AveGrayling, MI1205 E Michigan Ave, Grayling, MI 49738 | Single Family Residential |
3 beds | 2 baths | 2,240 sq.ft. |
$249,900 |
Airbnb cash on cash: 1.55%
|
Parcel B Cherry Creek TrlGrayling, MIParcel B Cherry Creek Trl, Grayling, MI 49738 | Other |
N/A beds | N/A baths | 0 sq.ft. |
$174,900 |
Airbnb cash on cash: 0.07%
|
N Wakeley Bridge Rd #040-40-012-11-040-00Grayling, MIWakeley Bridge Rd, Grayling, MI 49738 | Other |
N/A beds | N/A baths | 0 sq.ft. |
$64,900 |
Airbnb cash on cash: 4.17%
|
V/L L71-75 Evergreen Dr Lot 71-75Grayling, MIV/L L71-75 Evergreen Dr, Grayling, MI 49738 | Other |
N/A beds | N/A baths | N/A |
$39,900 |
Airbnb cash on cash: 7.9%
|
5973 W M-72 Hwy #16 AcresGrayling, MI5973 W M-72 Hwy, Grayling, MI 49738 | Single Family Residential |
1 beds | 1 baths | 836 sq.ft. |
$950,000 |
Airbnb cash on cash: -2.16%
|
1836 Dennis TrlGrayling, MI1836 Dennis Trl, Grayling, MI 49738 | Single Family Residential |
4 beds | 2 baths | 1,952 sq.ft. |
$364,900 |
Airbnb cash on cash: 3.44%
|
2916 N Portage AveGrayling, MIMOTIVATED Seller & NEW PRICE! Amazing Lake Margrethe cottage with 50' directly on the lake... |
3 beds | 2 baths | 2,250 sq.ft. |
$515,000 |
Airbnb cash on cash: -0.53%
|
0 Palmer PlGrayling, MI0 Palmer Pl, Grayling, MI 49738 | Other |
N/A beds | N/A baths | N/A |
$60,000 |
Airbnb cash on cash: 4.43%
|
3028 Palmer PlGrayling, MI3028 Palmer Pl, Grayling, MI 49738 | Other |
N/A beds | N/A baths | N/A |
$60,000 |
Airbnb cash on cash: 4.43%
|
Real Estate investment in Grayling, MI
There are 103 properties for sale in the city of Grayling . The median list price in Grayling is $169,898 and the average price per square foot is $149. In August 2026, the average monthly cash on cash return in Grayling is 8.00%. The average monthly rental income in Grayling is $1,077.