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
161 Camp Lake Rd Iron River, MI Have you always dreamed of owning a home on the lake - and wondered if it could actually h...	4 beds \| 2 baths \| 1,462 sq.ft.	$339,000	Airbnb cash on cash: 3.25% Traditional cash on cash: 5.5% Airbnb Rental Income: $2546 Traditional Rental Income: $2648 Airbnb ROI: 3.25% Traditional ROI: 5.5%
1319 N River Ave Iron River, MI Move in ready, cozy, and efficient layout! This brick bungalow offers great curb appeal an...	3 beds \| 1 baths \| 703 sq.ft.	$154,900	Airbnb cash on cash: 5.91% Traditional cash on cash: 7.95% Airbnb Rental Income: $1834 Traditional Rental Income: $1642 Airbnb ROI: 5.91% Traditional ROI: 7.95%
163 Homan Rd Iron River, MI This spectacularly unique custom built 4 bedroom, 2.5 bath home on well over 5 acres was c...	4 beds \| 2 baths \| 4,392 sq.ft.	$1,299,900	Airbnb cash on cash: -1.01% Traditional cash on cash: 0.03% Airbnb Rental Income: $2546 Traditional Rental Income: $3189 Airbnb ROI: -1.01% Traditional ROI: 0.03%
645 E Hunter Rd Iron River, MI Enjoy the ultimate retreat in this move-in-ready 4 bedroom, 2 bathroom home on nearly 5 ac...	4 beds \| 2 baths \| 1,929 sq.ft.	$194,000	Airbnb cash on cash: 8.8% Traditional cash on cash: 9.09% Airbnb Rental Income: $2546 Traditional Rental Income: $1987 Airbnb ROI: 8.8% Traditional ROI: 9.09%
236 Wildwood Dr Iron River, MI "In the summertime, when the weather is high..." you'll be singin' along to this classic a...	4 beds \| 4 baths \| 2,350 sq.ft.	$829,900	Airbnb cash on cash: 0.63% Traditional cash on cash: 1.71% Airbnb Rental Income: $2546 Traditional Rental Income: $2768 Airbnb ROI: 0.63% Traditional ROI: 1.71%
2072 FF Hwy 16 Rd Iron River, MI Motivated Seller! Seclusion at its finest! Very nice log cabin nestled on 36 wooded acres ...	1 beds \| N/A baths \| 1,371 sq.ft.	$279,000	Airbnb cash on cash: 0.9% Traditional cash on cash: 3.77% Airbnb Rental Income: $1418 Traditional Rental Income: $1748 Airbnb ROI: 0.9% Traditional ROI: 3.77%
TBD Forest 3612 Rd Iron River, MI A once-in-a-lifetime opportunity for outdoor enthusiasts! This 1 bed, 1 bath camp sits on ...	1 beds \| N/A baths \| 850 sq.ft.	$234,900	Airbnb cash on cash: 2.58% Traditional cash on cash: 5.04% Airbnb Rental Income: $1418 Traditional Rental Income: $1538 Airbnb ROI: 2.58% Traditional ROI: 5.04%
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: -0.23% Airbnb Rental Income: $null Traditional Rental Income: $943 Airbnb ROI: N/A Traditional ROI: -0.23%
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: 7.93% Airbnb Rental Income: $null Traditional Rental Income: $879 Airbnb ROI: N/A Traditional ROI: 7.93%
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	$129,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.83% Airbnb Rental Income: $null Traditional Rental Income: $879 Airbnb ROI: N/A Traditional ROI: 3.83%
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: 7.56% Airbnb Rental Income: $null Traditional Rental Income: $879 Airbnb ROI: N/A Traditional ROI: 7.56%
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: 8.83% Airbnb Rental Income: $null Traditional Rental Income: $879 Airbnb ROI: N/A Traditional ROI: 8.83%
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: 2.34% Airbnb Rental Income: $null Traditional Rental Income: $879 Airbnb ROI: N/A Traditional ROI: 2.34%
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: -0.09% Airbnb Rental Income: $null Traditional Rental Income: $894 Airbnb ROI: N/A Traditional ROI: -0.09%
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: 7.97% Airbnb Rental Income: $null Traditional Rental Income: $894 Airbnb ROI: N/A Traditional ROI: 7.97%
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	$1,999,999	Airbnb cash on cash: N/A Traditional cash on cash: -2.1% Airbnb Rental Income: $null Traditional Rental Income: $894 Airbnb ROI: N/A Traditional ROI: -2.1%
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: 2.88% Airbnb Rental Income: $null Traditional Rental Income: $894 Airbnb ROI: N/A Traditional ROI: 2.88%
TBD Camp Gibbs Rd Iron River, MI TBD Camp Gibbs Rd, Iron River, MI 49935 \| Other	N/A beds \| N/A baths \| N/A	$400,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.39% Airbnb Rental Income: $null Traditional Rental Income: $894 Airbnb ROI: N/A Traditional ROI: -0.39%
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: 11.67% Airbnb Rental Income: $null Traditional Rental Income: $879 Airbnb ROI: N/A Traditional ROI: 11.67%
6.26ac Cataldo Dr 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: 9.22% Airbnb Rental Income: $null Traditional Rental Income: $879 Airbnb ROI: N/A Traditional ROI: 9.22%
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: 5.96% Airbnb Rental Income: $null Traditional Rental Income: $907 Airbnb ROI: N/A Traditional ROI: 5.96%
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: 10.6% Airbnb Rental Income: $null Traditional Rental Income: $879 Airbnb ROI: N/A Traditional ROI: 10.6%
163 Homan Lake Rd Iron River, MI This spectacularly unique custom built 4 bedroom, 2.5 bath home on well over 5 acres was c...	4 beds \| 2 baths \| 2,196 sq.ft.	$1,299,900	Airbnb cash on cash: -1.01% Traditional cash on cash: 0.06% Airbnb Rental Income: $2546 Traditional Rental Income: $3221 Airbnb ROI: -1.01% Traditional ROI: 0.06%
725 W Ice Rd Iron River, MI Discover your dream retreat in this move-in-ready, 4 bedroom, 1.5 bath home situated on a ...	4 beds \| 1 baths \| 1,447 sq.ft.	$169,900	Airbnb cash on cash: 8.85% Traditional cash on cash: 10.75% Airbnb Rental Income: $2546 Traditional Rental Income: $2240 Airbnb ROI: 8.85% Traditional ROI: 10.75%
274 N Angeli Rd Iron River, MI Experience waterfront living at its finest on beautiful Iron Lake with this 2,200 sq ft ho...	3 beds \| 2 baths \| 2,200 sq.ft.	$459,900	Airbnb cash on cash: 0.37% Traditional cash on cash: 3.04% Airbnb Rental Income: $1834 Traditional Rental Income: $2488 Airbnb ROI: 0.37% Traditional ROI: 3.04%
176 Sunset Rd Iron River, MI Experience elevated Northwoods living on the shores of Sunset Lake, a breathtaking 560-acr...	5 beds \| 3 baths \| 4,797 sq.ft.	$1,175,000	Airbnb cash on cash: -1.19% Traditional cash on cash: 0.72% Airbnb Rental Income: $2101 Traditional Rental Income: $3653 Airbnb ROI: -1.19% Traditional ROI: 0.72%
210 Blossom St Iron River, MI NEW ROOF APRIL 2026!! Welcome to this charming home in the City of Iron River, full of cha...	3 beds \| 1 baths \| 1,221 sq.ft.	$145,000	Airbnb cash on cash: 6.47% Traditional cash on cash: 11.98% Airbnb Rental Income: $1834 Traditional Rental Income: $2105 Airbnb ROI: 6.47% Traditional ROI: 11.98%
104 Sleepy Way Iron River, MI Your search for the perfect mountain escape ends here - this versatile 2,053 sq ft duplex ...	6 beds \| 2 baths \| 2,053 sq.ft.	$284,900	Airbnb cash on cash: 2.83% Traditional cash on cash: 7.95% Airbnb Rental Income: $1834 Traditional Rental Income: $2714 Airbnb ROI: 2.83% Traditional ROI: 7.95%
111 Little Deer Rd Iron River, MI Unlock a premier investment or a versatile vacation home with this dual-unit chalet locate...	5 beds \| 3 baths \| 2,000 sq.ft.	$299,900	Airbnb cash on cash: 2.65% Traditional cash on cash: 8.21% Airbnb Rental Income: $1834 Traditional Rental Income: $2910 Airbnb ROI: 2.65% Traditional ROI: 8.21%
203 N 8th Ave Iron River, MI IRON RIVER, MICHIGAN CLASSIC COLONIAL HOME: Located just blocks from downtown Iron River i...	5 beds \| 1 baths \| 2,625 sq.ft.	$269,900	Airbnb cash on cash: 3.93% Traditional cash on cash: 8.78% Airbnb Rental Income: $2101 Traditional Rental Income: $2796 Airbnb ROI: 3.93% Traditional ROI: 8.78%
176 Sunset Shores Rd Iron River, MI Experience elevated Northwoods living on the shores of Sunset Lake, a breathtaking 560-acr...	5 beds \| 3 baths \| 4,797 sq.ft.	$1,175,000	Airbnb cash on cash: -1.19% Traditional cash on cash: 0.46% Airbnb Rental Income: $2101 Traditional Rental Income: $3362 Airbnb ROI: -1.19% Traditional ROI: 0.46%
104 Sleepy Hollow Rd Iron River, MI 104 Sleepy Hollow Rd, Iron River, MI 49935 \| Multi Family	6 beds \| 2 baths \| 2,053 sq.ft.	$284,900	Airbnb cash on cash: 2.95% Traditional cash on cash: 6.55% Airbnb Rental Income: $2101 Traditional Rental Income: $2529 Airbnb ROI: 2.95% Traditional ROI: 6.55%
4008 W US2 Hwy Iron River, MI Just a mile from town, this inviting 2 bedroom, 1 bath offers the perfect blend of comfort...	2 beds \| 1 baths \| 720 sq.ft.	$139,900	Airbnb cash on cash: 0.73% Traditional cash on cash: 7.71% Airbnb Rental Income: $860 Traditional Rental Income: $1465 Airbnb ROI: 0.73% Traditional ROI: 7.71%
140 Sunset Rd Iron River, MI Nestled on 4.12 acres of serene beauty, this stunning 3 bedroom, 2.5 bath home offers the ...	3 beds \| 2 baths \| 1,680 sq.ft.	$699,000	Airbnb cash on cash: 0.2% Traditional cash on cash: 2.71% Airbnb Rental Income: $1834 Traditional Rental Income: $2973 Airbnb ROI: 0.2% Traditional ROI: 2.71%
718 N 4th Ave Iron River, MI 718 N 4th Ave, Iron River, MI 49935 \| Single Family Residential	5 beds \| 2 baths \| 2,223 sq.ft.	$192,500	Airbnb cash on cash: 5.52% Traditional cash on cash: 11.25% Airbnb Rental Income: $2101 Traditional Rental Income: $2611 Airbnb ROI: 5.52% Traditional ROI: 11.25%
107 4th Ave Ave N Iron River, MI 107 4th Ave Ave N, Iron River, MI 49935 \| Single Family Residential	5 beds \| 2 baths \| 2,223 sq.ft.	$192,500	Airbnb cash on cash: 5.52% Traditional cash on cash: 11.25% Airbnb Rental Income: $2101 Traditional Rental Income: $2611 Airbnb ROI: 5.52% Traditional ROI: 11.25%
436 Forest Rd 3920 Iron River, MI 436 Forest Rd 3920, Iron River, MI 49935 \| Single Family Residential	N/A beds \| N/A baths \| 576 sq.ft.	$119,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.74% Airbnb Rental Income: $null Traditional Rental Income: $815 Airbnb ROI: N/A Traditional ROI: 3.74%
VL 3.49A Elizabeth Ln Iron River, MI VL 3.49A Elizabeth Ln, Iron River, MI 49935 \| Other	N/A beds \| N/A baths \| N/A	$139,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.44% Airbnb Rental Income: $null Traditional Rental Income: $891 Airbnb ROI: N/A Traditional ROI: 3.44%
236 Passamani Rd Iron River, MI Peaceful country living with room for everything. Situated on 40 beautiful acres just 10 m...	4 beds \| 2 baths \| 2,847 sq.ft.	$590,000	Airbnb cash on cash: 1.56% Traditional cash on cash: 5.02% Airbnb Rental Income: $2546 Traditional Rental Income: $3836 Airbnb ROI: 1.56% Traditional ROI: 5.02%

Real Estate investment in Iron-river, MI

There are 62 properties for sale in the city of Iron River . The median list price in Iron River is $99,848 and the average price per square foot is $57. In June 2026, the average monthly cash on cash return in Iron River is 9.00%. The average monthly rental income in Iron River is $1,642.

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

There are 62 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 $1,642.

Your search for investment property begins and ends here

Investment Property for Sale in Iron River, MI

161 Camp Lake Rd

Iron River, MI

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

$339,000

Airbnb cash on cash: 3.25%

Traditional cash on cash: 5.5%

Airbnb Rental Income: $2546

Traditional Rental Income: $2648

Airbnb ROI: 3.25%

Traditional ROI: 5.5%

1319 N River Ave

Iron River, MI

3 beds | 1 baths | 703 sq.ft.

$154,900

Airbnb cash on cash: 5.91%

Traditional cash on cash: 7.95%

Airbnb Rental Income: $1834

Traditional Rental Income: $1642

Airbnb ROI: 5.91%

Traditional ROI: 7.95%

163 Homan Rd

Iron River, MI

4 beds | 2 baths | 4,392 sq.ft.

$1,299,900

Airbnb cash on cash: -1.01%

Traditional cash on cash: 0.03%

Airbnb Rental Income: $2546

Traditional Rental Income: $3189

Airbnb ROI: -1.01%

Traditional ROI: 0.03%

645 E Hunter Rd

Iron River, MI

4 beds | 2 baths | 1,929 sq.ft.

$194,000

Airbnb cash on cash: 8.8%

Traditional cash on cash: 9.09%

Airbnb Rental Income: $2546

Traditional Rental Income: $1987

Airbnb ROI: 8.8%

Traditional ROI: 9.09%

236 Wildwood Dr

Iron River, MI

4 beds | 4 baths | 2,350 sq.ft.

$829,900

Airbnb cash on cash: 0.63%

Traditional cash on cash: 1.71%

Airbnb Rental Income: $2546

Traditional Rental Income: $2768

Airbnb ROI: 0.63%

Traditional ROI: 1.71%

2072 FF Hwy 16 Rd

Iron River, MI

1 beds | N/A baths | 1,371 sq.ft.

$279,000

Airbnb cash on cash: 0.9%

Traditional cash on cash: 3.77%

Airbnb Rental Income: $1418

Traditional Rental Income: $1748

Airbnb ROI: 0.9%

Traditional ROI: 3.77%

TBD Forest 3612 Rd

Iron River, MI

1 beds | N/A baths | 850 sq.ft.

$234,900

Airbnb cash on cash: 2.58%

Traditional cash on cash: 5.04%

Airbnb Rental Income: $1418

Traditional Rental Income: $1538

Airbnb ROI: 2.58%

Traditional ROI: 5.04%

121 N 5th Ave

Iron River, MI

N/A beds | 1 baths | 10,205 sq.ft.

$395,000

Airbnb cash on cash: N/A

Traditional cash on cash: -0.23%

Airbnb Rental Income: $null

Traditional Rental Income: $943

Airbnb ROI: N/A