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.

Single Family Homes for Sale in Grayling, MI

Search for Single Family Residential for Sale in Grayling, Michigan. Browse all of Mashvisor’s Single Family Residential listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 37 Single Family Residential listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
8541 S Grayling Rd Grayling, MI Room to grow in this 4-bedroom, 2-bath home set on 1 acre. Enjoy a welcoming family room w...	4 beds \| 2 baths \| 4,474 sq.ft.	$230,000	Airbnb cash on cash: 3.88% Traditional cash on cash: 7.84% Airbnb Rental Income: $2008 Traditional Rental Income: $2346 Airbnb ROI: 3.88% Traditional ROI: 7.84%
3169 W Jones Lake Rd Grayling, MI Are you looking for an energy-efficient ranch style home just minutes from Grayling? Here...	3 beds \| 2 baths \| 1,344 sq.ft.	$264,900	Airbnb cash on cash: 0.42% Traditional cash on cash: 5.11% Airbnb Rental Income: $921 Traditional Rental Income: $1751 Airbnb ROI: 0.42% Traditional ROI: 5.11%
3140 Northeast Trl Grayling, MI Welcome to Warblers Hideaway, a community with plenty of association amenities to enjoy. T...	3 beds \| 2 baths \| 1,526 sq.ft.	$345,000	Airbnb cash on cash: -1.08% Traditional cash on cash: 3.7% Airbnb Rental Income: $921 Traditional Rental Income: $2126 Airbnb ROI: -1.08% Traditional ROI: 3.7%
403 Erie St Grayling, MI Double lot in downtown Grayling within walking distance of the AuSable River! Imagine waki...	4 beds \| 1 baths \| 1,650 sq.ft.	$225,000	Airbnb cash on cash: 4.81% Traditional cash on cash: 6.21% Airbnb Rental Income: $2008 Traditional Rental Income: $1784 Airbnb ROI: 4.81% Traditional ROI: 6.21%
4521 Skyline Rd Grayling, MI Pristine and well-kept chalet with an attached & heated 2-car garage in a quaint neighborh...	2 beds \| 2 baths \| 1,052 sq.ft.	$249,900	Airbnb cash on cash: -0.29% Traditional cash on cash: 5.56% Airbnb Rental Income: $753 Traditional Rental Income: $1819 Airbnb ROI: -0.29% Traditional ROI: 5.56%
602 MAPLE ST Grayling, MI Invest with success and buy through Auction.com. This bank-owned investment property is a ...	N/A beds \| N/A baths \| N/A	$365,000	Airbnb cash on cash: -2.93% Traditional cash on cash: -0.21% Airbnb Rental Income: $170 Traditional Rental Income: $884 Airbnb ROI: -2.93% Traditional ROI: -0.21%
11846 W M-72 Hwy Grayling, MI Beautiful, 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: -1.53% Traditional cash on cash: 2.11% Airbnb Rental Income: $965 Traditional Rental Income: $2519 Airbnb ROI: -1.53% Traditional ROI: 2.11%
1880 Cherry Creek Trl Grayling, MI Looking for the perfect up-north getaway or investment? This stunning property on over 2 w...	3 beds \| 1 baths \| 1,852 sq.ft.	$399,900	Airbnb cash on cash: -0.25% Traditional cash on cash: 4.8% Airbnb Rental Income: $921 Traditional Rental Income: $2471 Airbnb ROI: -0.25% Traditional ROI: 4.8%
208 Crestwood Dr Grayling, MI Well cared for mobile in Grayling mobile estates subdivision. Large garage with propane he...	3 beds \| 1 baths \| 924 sq.ft.	$139,900	Airbnb cash on cash: 2.27% Traditional cash on cash: 9.58% Airbnb Rental Income: $921 Traditional Rental Income: $1560 Airbnb ROI: 2.27% Traditional ROI: 9.58%
2498 W Five Mile Rd Grayling, MI CABIN 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.	$350,000	Airbnb cash on cash: -1.3% Traditional cash on cash: 1.72% Airbnb Rental Income: $442 Traditional Rental Income: $1171 Airbnb ROI: -1.3% Traditional ROI: 1.72%
2969 Cambay Trail Grayling, MI This is an awesome Up North getaway! Whether you hunt, fish, camp, or just want to get awa...	3 beds \| 1 baths \| 962 sq.ft.	$150,000	Airbnb cash on cash: 1.29% Traditional cash on cash: 7.43% Airbnb Rental Income: $921 Traditional Rental Income: $1460 Airbnb ROI: 1.29% Traditional ROI: 7.43%
6960 Trem Pal Grayling, MI PRIVATE mainstream AuSable riverfront seclusion- beautifully set in the woods on a dead en...	3 beds \| 2 baths \| 1,728 sq.ft.	$349,000	Airbnb cash on cash: -0.06% Traditional cash on cash: 5.7% Airbnb Rental Income: $921 Traditional Rental Income: $2464 Airbnb ROI: -0.06% Traditional ROI: 5.7%
2706 Newatch Ave Grayling, MI Welcome to your dream getaway! Nestled along the pristine Au Sable River, this beautifully...	2 beds \| 1 baths \| 945 sq.ft.	$237,500	Airbnb cash on cash: 0.14% Traditional cash on cash: 4.71% Airbnb Rental Income: $753 Traditional Rental Income: $1464 Airbnb ROI: 0.14% Traditional ROI: 4.71%
2200 Daffodil Trl Grayling, MI Large 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: 0.18% Traditional cash on cash: 6.71% Airbnb Rental Income: $921 Traditional Rental Income: $2302 Airbnb ROI: 0.18% Traditional ROI: 6.71%
8451 N Sherman Road Grayling, MI Prime Hunting Property! Nearly 50 rolling acres of beautiful hardwoods between Gaylord and...	2 beds \| 3 baths \| 2,112 sq.ft.	$350,000	Airbnb cash on cash: -0.81% Traditional cash on cash: 3.85% Airbnb Rental Income: $753 Traditional Rental Income: $1968 Airbnb ROI: -0.81% Traditional ROI: 3.85%
110 State Street Grayling, MI Live on the AuSable River in Downtown Grayling â Residential Home + Lifestyle Business ...	3 beds \| 3 baths \| 1,434 sq.ft.	$660,000	Airbnb cash on cash: -1.74% Traditional cash on cash: 1.74% Airbnb Rental Income: $921 Traditional Rental Income: $2719 Airbnb ROI: -1.74% Traditional ROI: 1.74%
15981 Snay Drive SE Grayling, MI Off the beaten path, this 3-bedroom home with attached garage is just a 1/2 mile from the ...	3 beds \| 1 baths \| 902 sq.ft.	$160,000	Airbnb cash on cash: 0.67% Traditional cash on cash: 6.03% Airbnb Rental Income: $921 Traditional Rental Income: $1397 Airbnb ROI: 0.67% Traditional ROI: 6.03%
2832 Creekview Dr Grayling, MI 2832 Creekview Dr, Grayling, MI 49738 \| Single Family Residential	3 beds \| 1 baths \| 875 sq.ft.	$175,000	Airbnb cash on cash: 0.3% Traditional cash on cash: 3.95% Airbnb Rental Income: $921 Traditional Rental Income: $1188 Airbnb ROI: 0.3% Traditional ROI: 3.95%
4079 W Pinecrest Rd Grayling, MI 4079 W Pinecrest Rd, Grayling, MI 49738 \| Single Family Residential	3 beds \| 1 baths \| 1,056 sq.ft.	$149,900	Airbnb cash on cash: 0.88% Traditional cash on cash: 5.07% Airbnb Rental Income: $921 Traditional Rental Income: $1180 Airbnb ROI: 0.88% Traditional ROI: 5.07%
10333 Madison Ave Grayling, MI 10333 Madison Ave, Grayling, MI 49738 \| Single Family Residential	3 beds \| 2 baths \| 952 sq.ft.	$129,000	Airbnb cash on cash: 1.4% Traditional cash on cash: 7.98% Airbnb Rental Income: $921 Traditional Rental Income: $1394 Airbnb ROI: 1.4% Traditional ROI: 7.98%
2698 Newatch Ave Grayling, MI 2698 Newatch Ave, Grayling, MI 49738 \| Single Family Residential	3 beds \| 1 baths \| 1,056 sq.ft.	$399,900	Airbnb cash on cash: -1.23% Traditional cash on cash: 0.37% Airbnb Rental Income: $921 Traditional Rental Income: $1180 Airbnb ROI: -1.23% Traditional ROI: 0.37%
9246 Outing Pl Grayling, MI 9246 Outing Pl, Grayling, MI 49738 \| Single Family Residential	2 beds \| 2 baths \| 1,817 sq.ft.	$350,000	Airbnb cash on cash: -1.47% Traditional cash on cash: 2.54% Airbnb Rental Income: $753 Traditional Rental Income: $1756 Airbnb ROI: -1.47% Traditional ROI: 2.54%
1205 E Michigan Ave Grayling, MI 1205 E Michigan Ave, Grayling, MI 49738 \| Single Family Residential	3 beds \| 2 baths \| 2,240 sq.ft.	$249,900	Airbnb cash on cash: -0.46% Traditional cash on cash: 5.88% Airbnb Rental Income: $921 Traditional Rental Income: $2076 Airbnb ROI: -0.46% Traditional ROI: 5.88%
5973 W M-72 Hwy #16 Acres Grayling, MI 5973 W M-72 Hwy, Grayling, MI 49738 \| Single Family Residential	1 beds \| 1 baths \| 836 sq.ft.	$1,200,000	Airbnb cash on cash: -2.45% Traditional cash on cash: -1.88% Airbnb Rental Income: $442 Traditional Rental Income: $816 Airbnb ROI: -2.45% Traditional ROI: -1.88%
3048 S Wakeley Bridge Rd Grayling, MI 3048 S Wakeley Bridge Rd, Grayling, MI 49738 \| Single Family Residential	3 beds \| 2 baths \| 1,440 sq.ft.	$115,000	Airbnb cash on cash: 1.86% Traditional cash on cash: 11.92% Airbnb Rental Income: $921 Traditional Rental Income: $1696 Airbnb ROI: 1.86% Traditional ROI: 11.92%
1836 Dennis Trl Grayling, MI 1836 Dennis Trl, Grayling, MI 49738 \| Single Family Residential	4 beds \| 2 baths \| 1,952 sq.ft.	$375,000	Airbnb cash on cash: 1.43% Traditional cash on cash: 2.82% Airbnb Rental Income: $2008 Traditional Rental Income: $1973 Airbnb ROI: 1.43% Traditional ROI: 2.82%
3119 Main Grayling, MI The perfect getaway awaits! Located near Lovells, and close proximity to Grayling sits thi...	2 beds \| 1 baths \| 864 sq.ft.	$129,900	Airbnb cash on cash: 0.26% Traditional cash on cash: 7.03% Airbnb Rental Income: $753 Traditional Rental Income: $1285 Airbnb ROI: 0.26% Traditional ROI: 7.03%
269 W Timber Trl Grayling, MI This large ranch, situated on 10 acres with a 30x48 pole barn will check all your boxes. T...	3 beds \| 2 baths \| 1,970 sq.ft.	$199,000	Airbnb cash on cash: 0.06% Traditional cash on cash: 7.64% Airbnb Rental Income: $921 Traditional Rental Income: $2011 Airbnb ROI: 0.06% Traditional ROI: 7.64%
2916 N Portage Ave Grayling, MI Amazing Lake Margrethe cottage with 50' directly on the lake! East side location makes the...	3 beds \| 2 baths \| 2,250 sq.ft.	$599,000	Airbnb cash on cash: -1.66% Traditional cash on cash: 1.01% Airbnb Rental Income: $921 Traditional Rental Income: $2071 Airbnb ROI: -1.66% Traditional ROI: 1.01%
1107 Ogemaw St Grayling, MI Set on a generous third-acre double lot in a quiet Grayling neighborhood, this 3-bedroom, ...	3 beds \| 2 baths \| 1,363 sq.ft.	$219,000	Airbnb cash on cash: 0.43% Traditional cash on cash: 7.28% Airbnb Rental Income: $921 Traditional Rental Income: $1998 Airbnb ROI: 0.43% Traditional ROI: 7.28%
14432 SE Morel Road Grayling, MI Welcome to this exceptional 2019 custom-built log chalet, perfectly nestled among mature d...	3 beds \| 1 baths \| 1,800 sq.ft.	$389,000	Airbnb cash on cash: -0.83% Traditional cash on cash: 2.94% Airbnb Rental Income: $921 Traditional Rental Income: $1954 Airbnb ROI: -0.83% Traditional ROI: 2.94%
9143 N Lake Shore Dr Grayling, MI TURN-KEY! How about owning a lakehouse cottage & not have to buy a single thing extra? I m...	2 beds \| 1 baths \| 1,084 sq.ft.	$479,900	Airbnb cash on cash: -1.02% Traditional cash on cash: 1.59% Airbnb Rental Income: $753 Traditional Rental Income: $1609 Airbnb ROI: -1.02% Traditional ROI: 1.59%
2101 W North Down River Rd Grayling, MI 2101 W North Down River Rd, Grayling, MI 49738 \| Single Family Residential	3 beds \| 2 baths \| 1,386 sq.ft.	$265,000	Airbnb cash on cash: -0.58% Traditional cash on cash: 4.02% Airbnb Rental Income: $921 Traditional Rental Income: $1728 Airbnb ROI: -0.58% Traditional ROI: 4.02%
309 Lillian St Grayling, MI	3 beds \| 1 baths \| 2,988 sq.ft.	$259,900	Airbnb cash on cash: -0.54% Traditional cash on cash: 3.17% Airbnb Rental Income: $921 Traditional Rental Income: $1488 Airbnb ROI: -0.54% Traditional ROI: 3.17%
15549 Michigan 72 Grayling, MI 15549 Michigan 72, Grayling, MI 49738 \| Single Family Residential	2 beds \| 1 baths \| 868 sq.ft.	$115,000	Airbnb cash on cash: 0.6% Traditional cash on cash: 5.92% Airbnb Rental Income: $753 Traditional Rental Income: $1029 Airbnb ROI: 0.6% Traditional ROI: 5.92%

Your search for investment property begins and ends here

Single Family Homes for Sale in Grayling, MI

8541 S Grayling Rd

Grayling, MI

4 beds | 2 baths | 4,474 sq.ft.

$230,000

Airbnb cash on cash: 3.88%

Traditional cash on cash: 7.84%

Airbnb Rental Income: $2008

Traditional Rental Income: $2346

Airbnb ROI: 3.88%

Traditional ROI: 7.84%

3169 W Jones Lake Rd

Grayling, MI

3 beds | 2 baths | 1,344 sq.ft.

$264,900

Airbnb cash on cash: 0.42%

Traditional cash on cash: 5.11%

Airbnb Rental Income: $921

Traditional Rental Income: $1751

Airbnb ROI: 0.42%

Traditional ROI: 5.11%

3140 Northeast Trl

Grayling, MI

3 beds | 2 baths | 1,526 sq.ft.

$345,000

Airbnb cash on cash: -1.08%

Traditional cash on cash: 3.7%

Airbnb Rental Income: $921

Traditional Rental Income: $2126

Airbnb ROI: -1.08%

Traditional ROI: 3.7%

403 Erie St

Grayling, MI

4 beds | 1 baths | 1,650 sq.ft.

$225,000

Airbnb cash on cash: 4.81%

Traditional cash on cash: 6.21%

Airbnb Rental Income: $2008

Traditional Rental Income: $1784

Airbnb ROI: 4.81%

Traditional ROI: 6.21%

4521 Skyline Rd

Grayling, MI

2 beds | 2 baths | 1,052 sq.ft.

$249,900

Airbnb cash on cash: -0.29%

Traditional cash on cash: 5.56%

Airbnb Rental Income: $753

Traditional Rental Income: $1819

Airbnb ROI: -0.29%

Traditional ROI: 5.56%

602 MAPLE ST

Grayling, MI

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

$365,000

Airbnb cash on cash: -2.93%

Traditional cash on cash: -0.21%

Airbnb Rental Income: $170

Traditional Rental Income: $884

Airbnb ROI: -2.93%

Traditional ROI: -0.21%

11846 W M-72 Hwy

Grayling, MI

5 beds | 3 baths | 4,700 sq.ft.

$559,900

Airbnb cash on cash: -1.53%

Traditional cash on cash: 2.11%

Airbnb Rental Income: $965

Traditional Rental Income: $2519

Airbnb ROI: -1.53%

Traditional ROI: 2.11%

1880 Cherry Creek Trl

Grayling, MI

3 beds | 1 baths | 1,852 sq.ft.

$399,900

Airbnb cash on cash: -0.25%

Traditional cash on cash: 4.8%

Airbnb Rental Income: $921

Traditional Rental Income: $2471

Airbnb ROI: -0.25%