Real Estate Investment Properties for Sale in Iron River, MI

Looking for investment property in Iron River, MI with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
274 N Angeli Iron River, MI Experience waterfront living at its finest on beautiful Iron Lake with this 2,200 sq ft ho...	3 beds \| 3 baths \| 2,200 sq.ft.	$479,900	Airbnb cash on cash: -1.09% Traditional cash on cash: 0.33% Airbnb Rental Income: $1114 Traditional Rental Income: $1375 Airbnb ROI: -1.09% Traditional ROI: 0.33%
161 Camp Lake Iron River, MI Welcome to your waterfront retreat on the charming shores of Camp Lake! This 4-bedroom, 2-...	4 beds \| 2 baths \| 1,462 sq.ft.	$359,900	Airbnb cash on cash: -1.09% Traditional cash on cash: 5.04% Airbnb Rental Income: $918 Traditional Rental Income: $2648 Airbnb ROI: -1.09% Traditional ROI: 5.04%
234 W Lake Emily Iron River, MI Sitting along the shores of Emily Lake, this year-round lakefront cottage offers 98 feet o...	2 beds \| N/A baths \| 880 sq.ft.	$165,000	Airbnb cash on cash: 0.16% Traditional cash on cash: 8.43% Airbnb Rental Income: $844 Traditional Rental Income: $1816 Airbnb ROI: 0.16% Traditional ROI: 8.43%
410 Ruby Iron River, MI Quiet lovely home in a neighborhood on a dead end street completely update home inside. N...	3 beds \| 2 baths \| 1,400 sq.ft.	$164,000	Airbnb cash on cash: 1.62% Traditional cash on cash: 11.82% Airbnb Rental Income: $1114 Traditional Rental Income: $2335 Airbnb ROI: 1.62% Traditional ROI: 11.82%
163 Homan Lake Iron River, MI This spectacularly unique custom built 4 bedroom, 2.5 bath home on well over 5 acres was c...	4 beds \| 3 baths \| 2,196 sq.ft.	$1,299,900	Airbnb cash on cash: -2.13% Traditional cash on cash: -1.35% Airbnb Rental Income: $918 Traditional Rental Income: $1521 Airbnb ROI: -2.13% Traditional ROI: -1.35%
202 Cataldo Iron River, MI REDUCED!! This extraordinary upscale home is located in the Upper Peninsula of Michigan on...	3 beds \| 4 baths \| 3,400 sq.ft.	$929,000	Airbnb cash on cash: -1.8% Traditional cash on cash: 1.56% Airbnb Rental Income: $1114 Traditional Rental Income: $3642 Airbnb ROI: -1.8% Traditional ROI: 1.56%
202 Cataldo Dr Iron River, MI This extraordinary upscale home is located in the Upper Peninsula of Michigan on one of th...	3 beds \| 3 baths \| 3,400 sq.ft.	$929,000	Airbnb cash on cash: -1.94% Traditional cash on cash: 0.71% Airbnb Rental Income: $1114 Traditional Rental Income: $3038 Airbnb ROI: -1.94% Traditional ROI: 0.71%
817 W Boyington Iron River, MI Quiet neighborhood corner lot "turn key" two bedroom home on Strawberry Hill. This effici...	2 beds \| 2 baths \| 1,030 sq.ft.	$137,500	Airbnb cash on cash: 1.47% Traditional cash on cash: 11.37% Airbnb Rental Income: $844 Traditional Rental Income: $1821 Airbnb ROI: 1.47% Traditional ROI: 11.37%
195 Homan Lake Iron River, MI Move-in ready and waiting for you, this executive home on 10 acres is situated on the priv...	5 beds \| 4 baths \| 4,031 sq.ft.	$1,950,000	Airbnb cash on cash: -0.83% Traditional cash on cash: 0.95% Airbnb Rental Income: $1816 Traditional Rental Income: $4537 Airbnb ROI: -0.83% Traditional ROI: 0.95%
106 Rogers Iron River, MI Discover timeless charm in this 2-story, 4-bedroom, 2-bath home located in the scenic beau...	4 beds \| 2 baths \| 2,210 sq.ft.	$219,900	Airbnb cash on cash: -0.2% Traditional cash on cash: 10.44% Airbnb Rental Income: $918 Traditional Rental Income: $2791 Airbnb ROI: -0.2% Traditional ROI: 10.44%
3759 W Brule Lake Iron River, MI Looking for a lake getaway? Take a look at this open concept 3 bedroom home that sits on n...	3 beds \| 1 baths \| 900 sq.ft.	$299,900	Airbnb cash on cash: -0.23% Traditional cash on cash: 4.35% Airbnb Rental Income: $1114 Traditional Rental Income: $2032 Airbnb ROI: -0.23% Traditional ROI: 4.35%
2072 FF Hwy 16 Iron River, MI Seclusion at its finest! Very nice log cabin nestled on 36 wooded acres in the heart of th...	1 beds \| 1 baths \| 1,371 sq.ft.	$299,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.36% Airbnb Rental Income: $null Traditional Rental Income: $1748 Airbnb ROI: N/A Traditional ROI: 3.36%
TBD Forest 3612 Iron River, MI A once-in-a-lifetime opportunity for outdoor enthusiasts! This two story camp sits on 62.4...	1 beds \| 1 baths \| 850 sq.ft.	$239,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.92% Airbnb Rental Income: $null Traditional Rental Income: $1538 Airbnb ROI: N/A Traditional ROI: 4.92%
307 Maggie Lakes Trl Iron River, MI 307 Maggie Lakes Trl, Iron River, MI 49935 \| Other	N/A beds \| N/A baths \| N/A	$120,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.52% Airbnb Rental Income: $null Traditional Rental Income: $813 Airbnb ROI: N/A Traditional ROI: 3.52%
121 N 5th Ave Iron River, MI 121 N 5th Ave, Iron River, MI 49935 \| Single Family Residential	N/A beds \| 1 baths \| 10,205 sq.ft.	$395,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.58% Airbnb Rental Income: $null Traditional Rental Income: $813 Airbnb ROI: N/A Traditional ROI: -0.58%
410 Ruby St Iron River, MI 410 Ruby St, Iron River, MI 49935 \| Single Family Residential	3 beds \| 2 baths \| 1,463 sq.ft.	$164,000	Airbnb cash on cash: 1.62% Traditional cash on cash: 5.68% Airbnb Rental Income: $1114 Traditional Rental Income: $1375 Airbnb ROI: 1.62% Traditional ROI: 5.68%
Lot 9 Elizabeth Ln Iron River, MI Lot 9 Elizabeth Ln, Iron River, MI 49935 \| Other	N/A beds \| N/A baths \| N/A	$75,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.04% Airbnb Rental Income: $null Traditional Rental Income: $813 Airbnb ROI: N/A Traditional ROI: 7.04%
TBD Hagerman Lake Rd Iron River, MI TBD Hagerman Lake Rd, Iron River, MI 49935 \| Other	N/A beds \| N/A baths \| N/A	$110,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.61% Airbnb Rental Income: $null Traditional Rental Income: $850 Airbnb ROI: N/A Traditional ROI: 4.61%
200 Olson Loop Rd Iron River, MI 200 Olson Loop Rd, Iron River, MI 49935 \| Other	N/A beds \| N/A baths \| N/A	$139,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.9% Airbnb Rental Income: $null Traditional Rental Income: $813 Airbnb ROI: N/A Traditional ROI: 2.9%
251 Tamarack Rd Iron River, MI 251 Tamarack Lake Rd, Iron River, MI 49935 \| Other	N/A beds \| N/A baths \| N/A	$79,500	Airbnb cash on cash: N/A Traditional cash on cash: 6.71% Airbnb Rental Income: $null Traditional Rental Income: $813 Airbnb ROI: N/A Traditional ROI: 6.71%
ON Elizabeth Ln #19 AC Iron River, MI ON Elizabeth Ln #19 AC, Iron River, MI 49935 \| Other	N/A beds \| N/A baths \| N/A	$70,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.88% Airbnb Rental Income: $null Traditional Rental Income: $813 Airbnb ROI: N/A Traditional ROI: 7.88%
453 Gold Mine Rd Iron River, MI 453 Gold Mine Rd, Iron River, MI 49935 \| Other	N/A beds \| N/A baths \| N/A	$169,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.93% Airbnb Rental Income: $null Traditional Rental Income: $813 Airbnb ROI: N/A Traditional ROI: 1.93%
180 Lynx Ln Iron River, MI 180 Lynx Ln, Iron River, MI 49935 \| Other	N/A beds \| N/A baths \| N/A	$349,900	Airbnb cash on cash: N/A Traditional cash on cash: -0.33% Airbnb Rental Income: $null Traditional Rental Income: $813 Airbnb ROI: N/A Traditional ROI: -0.33%
TBD Sunset Lake Rd Iron River, MI TBD Sunset Lake Rd, Iron River, MI 49935 \| Other	N/A beds \| N/A baths \| N/A	$49,900	Airbnb cash on cash: N/A Traditional cash on cash: 11.7% Airbnb Rental Income: $null Traditional Rental Income: $813 Airbnb ROI: N/A Traditional ROI: 11.7%
TBD Homer Rd Iron River, MI TBD Homer Rd, Iron River, MI 49935 \| Other	N/A beds \| N/A baths \| N/A	$77,700	Airbnb cash on cash: N/A Traditional cash on cash: 6.91% Airbnb Rental Income: $null Traditional Rental Income: $813 Airbnb ROI: N/A Traditional ROI: 6.91%
527 USFS RD 2130 Rd Iron River, MI 527 USFS RD 2130 Rd, Iron River, MI 49935 \| Other	N/A beds \| N/A baths \| N/A	$1,984,000	Airbnb cash on cash: N/A Traditional cash on cash: -2.14% Airbnb Rental Income: $null Traditional Rental Income: $813 Airbnb ROI: N/A Traditional ROI: -2.14%
TBD W Sunset Rd Iron River, MI TBD W Sunset Lake Rd, Iron River, MI 49935 \| Other	N/A beds \| N/A baths \| N/A	$49,900	Airbnb cash on cash: N/A Traditional cash on cash: 11.7% Airbnb Rental Income: $null Traditional Rental Income: $813 Airbnb ROI: N/A Traditional ROI: 11.7%
TBD Gendzwill Dr Iron River, MI TBD Gendzwill Dr, Iron River, MI 49935 \| Other	N/A beds \| N/A baths \| N/A	$154,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.34% Airbnb Rental Income: $null Traditional Rental Income: $813 Airbnb ROI: N/A Traditional ROI: 2.34%
TBD Eagles Nest Rd Iron River, MI TBD Eagles Nest Rd, Iron River, MI 49935 \| Other	N/A beds \| N/A baths \| N/A	$149,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.51% Airbnb Rental Income: $null Traditional Rental Income: $813 Airbnb ROI: N/A Traditional ROI: 2.51%
TBD W Brule Rd Iron River, MI TBD W Brule Lake Rd, Iron River, MI 49935 \| Other	N/A beds \| N/A baths \| N/A	$49,900	Airbnb cash on cash: N/A Traditional cash on cash: 11.7% Airbnb Rental Income: $null Traditional Rental Income: $813 Airbnb ROI: N/A Traditional ROI: 11.7%
TBD Camp Gibbs Rd Iron River, MI TBD Camp Gibbs Rd, Iron River, MI 49935 \| Other	N/A beds \| N/A baths \| N/A	$366,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.43% Airbnb Rental Income: $null Traditional Rental Income: $813 Airbnb ROI: N/A Traditional ROI: -0.43%
TBD Cataldo Dr Iron River, MI TBD Cataldo Dr Lot 10 & 11, Iron River, MI 49935 \| Other	N/A beds \| N/A baths \| N/A	$55,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.48% Airbnb Rental Income: $null Traditional Rental Income: $813 Airbnb ROI: N/A Traditional ROI: 10.48%
6.26ac Cataldo Dr Lot 4, 5 & 6 Iron River, MI 6.26ac Cataldo Dr Lot 4, 5 & 6, Iron River, MI 49935 \| Other	N/A beds \| N/A baths \| N/A	$67,500	Airbnb cash on cash: N/A Traditional cash on cash: 8.24% Airbnb Rental Income: $null Traditional Rental Income: $813 Airbnb ROI: N/A Traditional ROI: 8.24%
9.33ac W US2 Hwy Iron River, MI 9.33ac W US2 Hwy, Iron River, MI 49935 \| Other	N/A beds \| N/A baths \| N/A	$99,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.98% Airbnb Rental Income: $null Traditional Rental Income: $813 Airbnb ROI: N/A Traditional ROI: 4.98%
TBD Nordstrom Rd Iron River, MI TBD Nordstrom Rd, Iron River, MI 49935 \| Other	N/A beds \| N/A baths \| N/A	$59,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.5% Airbnb Rental Income: $null Traditional Rental Income: $813 Airbnb ROI: N/A Traditional ROI: 9.5%
163 Homan Lake Rd Iron River, MI 163 Homan Lake Rd, Iron River, MI 49935 \| Single Family Residential	4 beds \| 2 baths \| 2,196 sq.ft.	$1,299,900	Airbnb cash on cash: -2.13% Traditional cash on cash: -1.35% Airbnb Rental Income: $918 Traditional Rental Income: $1521 Airbnb ROI: -2.13% Traditional ROI: -1.35%
725 W Ice Lake Iron River, MI Discover a well-maintained home in a well kept neighborhood just moments away from Ice Lak...	5 beds \| 2 baths \| 1,312 sq.ft.	$239,900	Airbnb cash on cash: 2.91% Traditional cash on cash: N/A Airbnb Rental Income: $1816 Traditional Rental Income: $0 Airbnb ROI: 2.91% Traditional ROI: N/A
412 Amber Iron River, MI Experience effortless main-floor living in this meticulously maintained 3 bedroom, 1.5 bat...	3 beds \| 2 baths \| 700 sq.ft.	$109,500	Airbnb cash on cash: 3.59% Traditional cash on cash: 9.59% Airbnb Rental Income: $1114 Traditional Rental Income: $1375 Airbnb ROI: 3.59% Traditional ROI: 9.59%
27 N 9th Iron River, MI Moving in is a breeze with this charming, worry-free bungalow! This meticulously updated 2...	2 beds \| 1 baths \| 901 sq.ft.	$145,000	Airbnb cash on cash: 0.53% Traditional cash on cash: 5.07% Airbnb Rental Income: $844 Traditional Rental Income: $1146 Airbnb ROI: 0.53% Traditional ROI: 5.07%
4231 W US 2 Iron River, MI Country home on beautiful 1.1 acre lot. The nicely landscaped yard features a large fenced...	2 beds \| 3 baths \| 1,220 sq.ft.	$165,000	Airbnb cash on cash: 0.16% Traditional cash on cash: 9.79% Airbnb Rental Income: $844 Traditional Rental Income: $2029 Airbnb ROI: 0.16% Traditional ROI: 9.79%

Real Estate investment in Iron-river, MI

There are 47 properties for sale in the city of Iron River . The median list price in Iron River is $136,250 and the average price per square foot is $78. In March 2026, the average monthly cash on cash return in Iron River is 8.00%. The average monthly rental income in Iron River is $1,146.

Iron-river, MI Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 47 investment properties available for sale in Iron-river.

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

The ROI for Long-Term is higher than the Short-Term in Iron-river with average rental income of $1,146.

Your search for investment property begins and ends here

Investment Property for Sale in Iron River, MI

274 N Angeli

Iron River, MI

3 beds | 3 baths | 2,200 sq.ft.

$479,900

Airbnb cash on cash: -1.09%

Traditional cash on cash: 0.33%

Airbnb Rental Income: $1114

Traditional Rental Income: $1375

Airbnb ROI: -1.09%

Traditional ROI: 0.33%

161 Camp Lake

Iron River, MI

4 beds | 2 baths | 1,462 sq.ft.

$359,900

Airbnb cash on cash: -1.09%

Traditional cash on cash: 5.04%

Airbnb Rental Income: $918

Traditional Rental Income: $2648

Airbnb ROI: -1.09%

Traditional ROI: 5.04%

234 W Lake Emily

Iron River, MI

2 beds | N/A baths | 880 sq.ft.

$165,000

Airbnb cash on cash: 0.16%

Traditional cash on cash: 8.43%

Airbnb Rental Income: $844

Traditional Rental Income: $1816

Airbnb ROI: 0.16%

Traditional ROI: 8.43%

410 Ruby

Iron River, MI

3 beds | 2 baths | 1,400 sq.ft.

$164,000

Airbnb cash on cash: 1.62%

Traditional cash on cash: 11.82%

Airbnb Rental Income: $1114

Traditional Rental Income: $2335

Airbnb ROI: 1.62%

Traditional ROI: 11.82%

163 Homan Lake

Iron River, MI

4 beds | 3 baths | 2,196 sq.ft.

$1,299,900

Airbnb cash on cash: -2.13%

Traditional cash on cash: -1.35%

Airbnb Rental Income: $918

Traditional Rental Income: $1521

Airbnb ROI: -2.13%

Traditional ROI: -1.35%

202 Cataldo

Iron River, MI

3 beds | 4 baths | 3,400 sq.ft.

$929,000

Airbnb cash on cash: -1.8%

Traditional cash on cash: 1.56%

Airbnb Rental Income: $1114

Traditional Rental Income: $3642

Airbnb ROI: -1.8%

Traditional ROI: 1.56%

202 Cataldo Dr

Iron River, MI

3 beds | 3 baths | 3,400 sq.ft.

$929,000

Airbnb cash on cash: -1.94%

Traditional cash on cash: 0.71%

Airbnb Rental Income: $1114

Traditional Rental Income: $3038

Airbnb ROI: -1.94%

Traditional ROI: 0.71%

817 W Boyington

Iron River, MI

2 beds | 2 baths | 1,030 sq.ft.

$137,500

Airbnb cash on cash: 1.47%

Traditional cash on cash: 11.37%

Airbnb Rental Income: $844

Traditional Rental Income: $1821

Airbnb ROI: 1.47%