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
154 W Camp Lake Rd Iron River, MI Here is your chance to own a beautiful home on Camp Lake, tucked into a quiet setting just...	2 beds \| 1 baths \| N/A	$434,900	Airbnb cash on cash: -0.89% Traditional cash on cash: 1.52% Airbnb Rental Income: $796 Traditional Rental Income: $1454 Airbnb ROI: -0.89% Traditional ROI: 1.52%
1669 Kofmehl Road Iron River, MI Three bedroom one and a half bathroom house sitting on 20 acres minutes away from the city...	3 beds \| 2 baths \| 1,250 sq.ft.	$259,900	Airbnb cash on cash: 5.57% Traditional cash on cash: 4.28% Airbnb Rental Income: $2321 Traditional Rental Income: $1427 Airbnb ROI: 5.57% Traditional ROI: 4.28%
645 E Hunter Road 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.	$179,900	Airbnb cash on cash: 7.32% Traditional cash on cash: 9.86% Airbnb Rental Income: $2090 Traditional Rental Income: $1987 Airbnb ROI: 7.32% Traditional ROI: 9.86%
2072 FF Hwy 16 Road Iron River, MI Motivated Seller! Seclusion at its finest! Very nice log cabin nestled on 36 wooded acres ...	1 beds \| 1 baths \| 1,371 sq.ft.	$269,000	Airbnb cash on cash: N/A Traditional cash on cash: 4% Airbnb Rental Income: $null Traditional Rental Income: $1748 Airbnb ROI: N/A Traditional ROI: 4%
Forest 3612 Road Iron River, MI A once-in-a-lifetime opportunity for outdoor enthusiasts! This 1 bed, 1 bath camp sits on ...	1 beds \| 1 baths \| 850 sq.ft.	$225,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.3% Airbnb Rental Income: $null Traditional Rental Income: $1538 Airbnb ROI: N/A Traditional ROI: 5.3%
163 Homan Lake Road 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 \| 4,392 sq.ft.	$1,299,900	Airbnb cash on cash: -1.32% Traditional cash on cash: 0.06% Airbnb Rental Income: $2090 Traditional Rental Income: $3221 Airbnb ROI: -1.32% Traditional ROI: 0.06%
104 Sleepy Hollow 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.	$259,900	Airbnb cash on cash: 3.97% Traditional cash on cash: 8.79% Airbnb Rental Income: $2065 Traditional Rental Income: $2714 Airbnb ROI: 3.97% Traditional ROI: 8.79%
111 Little Deer Road 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.	$274,900	Airbnb cash on cash: 3.72% Traditional cash on cash: 9.03% Airbnb Rental Income: $2065 Traditional Rental Income: $2910 Airbnb ROI: 3.72% Traditional ROI: 9.03%
203 N 8th Avenue Iron River, MI IRON RIVER, MICHIGAN CLASSIC COLONIAL HOME: Located just blocks from downtown Iron River i...	5 beds \| 2 baths \| 2,625 sq.ft.	$244,900	Airbnb cash on cash: 4.3% Traditional cash on cash: 9.76% Airbnb Rental Income: $2065 Traditional Rental Income: $2796 Airbnb ROI: 4.3% Traditional ROI: 9.76%
236 Passamani Road Iron River, MI Peaceful country living with room for everything. Situated on 40 beautiful acres just 10 m...	4 beds \| 4 baths \| 3,640 sq.ft.	$515,000	Airbnb cash on cash: 1.14% Traditional cash on cash: 5.89% Airbnb Rental Income: $2090 Traditional Rental Income: $3836 Airbnb ROI: 1.14% Traditional ROI: 5.89%
FFH16 Highway Iron River, MI Rare opportunity to own on premier Golden Lake in Iron County, MI - where golden sunrises ...	2 beds \| N/A baths \| 1,012 sq.ft.	$174,500	Airbnb cash on cash: 1.01% Traditional cash on cash: 9.72% Airbnb Rental Income: $796 Traditional Rental Income: $1921 Airbnb ROI: 1.01% Traditional ROI: 9.72%
Forest Hwy 3110 Iron River, MI Exceptional turnkey Northwoods camp and recreational retreat situated on 100 private acres...	3 beds \| 1 baths \| 968 sq.ft.	$749,000	Airbnb cash on cash: 1.14% Traditional cash on cash: 1.16% Airbnb Rental Income: $2321 Traditional Rental Income: $1761 Airbnb ROI: 1.14% Traditional ROI: 1.16%
123 Brule Village Road Iron River, MI Here's your chance to own a piece of prime U.P. recreational property. As an added bonus t...	3 beds \| 2 baths \| 1,550 sq.ft.	$210,000	Airbnb cash on cash: 5.78% Traditional cash on cash: 6.44% Airbnb Rental Income: $2321 Traditional Rental Income: $1876 Airbnb ROI: 5.78% Traditional ROI: 6.44%
110 Stanley Lake Drive Iron River, MI Sunsets on Stanley Lake. It's not hard to picture your family and friends enjoying this la...	3 beds \| 2 baths \| 1,130 sq.ft.	$365,000	Airbnb cash on cash: 2.3% Traditional cash on cash: 3.43% Airbnb Rental Income: $2321 Traditional Rental Income: $2133 Airbnb ROI: 2.3% Traditional ROI: 3.43%
906 Selden Road Iron River, MI Welcome to this beautifully maintained turn-of-the-century two-story home, where timeless ...	3 beds \| 2 baths \| 2,560 sq.ft.	$199,000	Airbnb cash on cash: 6.23% Traditional cash on cash: 5.99% Airbnb Rental Income: $2321 Traditional Rental Income: $1700 Airbnb ROI: 6.23% Traditional ROI: 5.99%
509 Stambaugh Avenue Iron River, MI What a find! A ready to move into home with many updates and cozy features. Large 12x25 de...	3 beds \| 1 baths \| 1,000 sq.ft.	$140,000	Airbnb cash on cash: 9.8% Traditional cash on cash: 9.29% Airbnb Rental Income: $2321 Traditional Rental Income: $1678 Airbnb ROI: 9.8% Traditional ROI: 9.29%
109 Birchfield Drive Iron River, MI The beauty and tranquility of Northwoods living is copious in this charming 2 bedroom, 1 b...	2 beds \| 1 baths \| 1,078 sq.ft.	$319,000	Airbnb cash on cash: -1.25% Traditional cash on cash: 2.65% Airbnb Rental Income: $796 Traditional Rental Income: $1644 Airbnb ROI: -1.25% Traditional ROI: 2.65%
189 E Park Drive Iron River, MI Start your Northwoods lake-living dream with this meticulously maintained custom log home ...	3 beds \| 4 baths \| 3,924 sq.ft.	$949,500	Airbnb cash on cash: -0.67% Traditional cash on cash: 0.62% Airbnb Rental Income: $2321 Traditional Rental Income: $2881 Airbnb ROI: -0.67% Traditional ROI: 0.62%
576 Bates Gaastra Road Iron River, MI Country living with a view, just outside the city limits. This four bedroom, two bath has ...	4 beds \| 2 baths \| 1,658 sq.ft.	$423,000	Airbnb cash on cash: 1.16% Traditional cash on cash: 2.14% Airbnb Rental Income: $2090 Traditional Rental Income: $1941 Airbnb ROI: 1.16% Traditional ROI: 2.14%
Federal Forest 3920 Road Iron River, MI Hunting season is coming! Get ready for it with "The Big Easy," a semi-rustic camp nestled...	2 beds \| 1 baths \| 768 sq.ft.	$179,900	Airbnb cash on cash: -0.29% Traditional cash on cash: 6.35% Airbnb Rental Income: $796 Traditional Rental Income: $1610 Airbnb ROI: -0.29% Traditional ROI: 6.35%
210 Pond Road Iron River, MI Unmatched On-Grid 110-Acre Northwoods Retreat on the Paint River! Welcome to this rare pac...	2 beds \| 1 baths \| 888 sq.ft.	$499,000	Airbnb cash on cash: -1.71% Traditional cash on cash: 0.62% Airbnb Rental Income: $796 Traditional Rental Income: $1562 Airbnb ROI: -1.71% Traditional ROI: 0.62%
994 W Hiawatha Road Iron River, MI This serene 3 bedroom, 1.5 bath home situated on nearly 36 acres is perfect for a country ...	3 beds \| 2 baths \| 1,472 sq.ft.	$269,900	Airbnb cash on cash: 3.97% Traditional cash on cash: 4.07% Airbnb Rental Income: $2321 Traditional Rental Income: $1769 Airbnb ROI: 3.97% Traditional ROI: 4.07%
147 Caspian Cutoff Road Iron River, MI This inviting 3 bedroom, 2 bath ranch situated on a 1 acre lot has a practical layout and ...	3 beds \| 2 baths \| 1,336 sq.ft.	$199,900	Airbnb cash on cash: 6.19% Traditional cash on cash: 7.76% Airbnb Rental Income: $2321 Traditional Rental Income: $2044 Airbnb ROI: 6.19% Traditional ROI: 7.76%
401 Amber Street Iron River, MI A Welcome to your own little gem in Michigan's beautiful Upper Peninsula! This charming tw...	2 beds \| 2 baths \| 1,104 sq.ft.	$129,000	Airbnb cash on cash: 0.56% Traditional cash on cash: 7.88% Airbnb Rental Income: $796 Traditional Rental Income: $1382 Airbnb ROI: 0.56% Traditional ROI: 7.88%
223 Bloomquist Road Iron River, MI This incredible 2 bedroom, 3 bathroom modern farmhouse-style home boasts nearly 2,400 sq f...	2 beds \| 3 baths \| 2,394 sq.ft.	$480,000	Airbnb cash on cash: -1.68% Traditional cash on cash: 3.25% Airbnb Rental Income: $796 Traditional Rental Income: $2689 Airbnb ROI: -1.68% Traditional ROI: 3.25%
178 Sunset Shores Road Iron River, MI Sunrise on one side of the sky, sunset on the other - and you get both from the deck. Welc...	4 beds \| 4 baths \| 3,786 sq.ft.	$749,900	Airbnb cash on cash: -0.44% Traditional cash on cash: 1.15% Airbnb Rental Income: $2090 Traditional Rental Income: $2666 Airbnb ROI: -0.44% Traditional ROI: 1.15%
22 W Boyington Street Iron River, MI Step inside this fully transformed Iron River home, where top-to-bottom upgrades meet mode...	2 beds \| 1 baths \| 988 sq.ft.	$189,900	Airbnb cash on cash: -0.4% Traditional cash on cash: 4.57% Airbnb Rental Income: $796 Traditional Rental Income: $1372 Airbnb ROI: -0.4% Traditional ROI: 4.57%
178 E Silver Lake Road Iron River, MI Envision your own slice of lakeside living with this 3 bedroom, 1 bath home situated on ju...	3 beds \| 1 baths \| 1,050 sq.ft.	$234,900	Airbnb cash on cash: 4.92% Traditional cash on cash: 4.36% Airbnb Rental Income: $2321 Traditional Rental Income: $1621 Airbnb ROI: 4.92% Traditional ROI: 4.36%
301 Little Finland Road Iron River, MI Enjoy the privacy and space of the country living on this 40-acre property featuring a mix...	4 beds \| 2 baths \| 1,392 sq.ft.	$385,000	Airbnb cash on cash: 1.52% Traditional cash on cash: 2.36% Airbnb Rental Income: $2090 Traditional Rental Income: $1856 Airbnb ROI: 1.52% Traditional ROI: 2.36%
120 W Townhall Road Iron River, MI Located less than 3 miles from town you'll find this three bedroom home situated on over 1...	5 beds \| 1 baths \| 1,761 sq.ft.	$320,000	Airbnb cash on cash: 2.26% Traditional cash on cash: 3.52% Airbnb Rental Income: $2065 Traditional Rental Income: $1911 Airbnb ROI: 2.26% Traditional ROI: 3.52%
622 N 2nd Avenue Iron River, MI Not just a 3-bedroom, 2 bath home with a 2-car detached garage with a separate workshop - ...	3 beds \| 2 baths \| 1,381 sq.ft.	$149,900	Airbnb cash on cash: 9.01% Traditional cash on cash: 11.7% Airbnb Rental Income: $2321 Traditional Rental Income: $2131 Airbnb ROI: 9.01% Traditional ROI: 11.7%
135 Hanmer Road Iron River, MI This inviting 3 bedroom, 1 bath home with a metal roof sits on 1.6 acres and offers a grea...	3 beds \| 1 baths \| 1,046 sq.ft.	$149,900	Airbnb cash on cash: 9.01% Traditional cash on cash: 9.16% Airbnb Rental Income: $2321 Traditional Rental Income: $1766 Airbnb ROI: 9.01% Traditional ROI: 9.16%
240 acres FR 3520 Forest Iron River, MI Close your eyes and picture a log cabin overlooking your own lake, imagine your own extens...	1 beds \| N/A baths \| 928 sq.ft.	$549,000	Airbnb cash on cash: N/A Traditional cash on cash: -1% Airbnb Rental Income: $null Traditional Rental Income: $875 Airbnb ROI: N/A Traditional ROI: -1%
486 Midsummer Drive Iron River, MI Exceptional lake living with this inviting 4 bedroom, 2 bath log home with an impressive 1...	4 beds \| 2 baths \| 1,648 sq.ft.	$469,900	Airbnb cash on cash: 2.22% Traditional cash on cash: 2.14% Airbnb Rental Income: $2090 Traditional Rental Income: $1521 Airbnb ROI: 2.22% Traditional ROI: 2.14%

Real Estate investment in Iron-river, MI

There are 38 properties for sale in the city of Iron River . The median list price in Iron River is $123,191 and the average price per square foot is $78. In November 2026, the average monthly cash on cash return in Iron River is 6.00%. The average monthly rental income in Iron River is $1,856.

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

There are 38 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 $1,856.

Your search for investment property begins and ends here

Investment Property for Sale in Iron River, MI

154 W Camp Lake Rd

Iron River, MI

2 beds | 1 baths | N/A

$434,900

Airbnb cash on cash: -0.89%

Traditional cash on cash: 1.52%

Airbnb Rental Income: $796

Traditional Rental Income: $1454

Airbnb ROI: -0.89%

Traditional ROI: 1.52%

1669 Kofmehl Road

Iron River, MI

3 beds | 2 baths | 1,250 sq.ft.

$259,900

Airbnb cash on cash: 5.57%

Traditional cash on cash: 4.28%

Airbnb Rental Income: $2321

Traditional Rental Income: $1427

Airbnb ROI: 5.57%

Traditional ROI: 4.28%

645 E Hunter Road

Iron River, MI

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

$179,900

Airbnb cash on cash: 7.32%

Traditional cash on cash: 9.86%

Airbnb Rental Income: $2090

Traditional Rental Income: $1987

Airbnb ROI: 7.32%

Traditional ROI: 9.86%

2072 FF Hwy 16 Road

Iron River, MI

1 beds | 1 baths | 1,371 sq.ft.

$269,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4%

Airbnb Rental Income: $null

Traditional Rental Income: $1748

Airbnb ROI: N/A

Traditional ROI: 4%

Forest 3612 Road

Iron River, MI

1 beds | 1 baths | 850 sq.ft.

$225,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.3%

Airbnb Rental Income: $null

Traditional Rental Income: $1538

Airbnb ROI: N/A

Traditional ROI: 5.3%

163 Homan Lake Road

Iron River, MI

4 beds | 3 baths | 4,392 sq.ft.

$1,299,900

Airbnb cash on cash: -1.32%

Traditional cash on cash: 0.06%

Airbnb Rental Income: $2090

Traditional Rental Income: $3221

Airbnb ROI: -1.32%

Traditional ROI: 0.06%

104 Sleepy Hollow Way

Iron River, MI

6 beds | 2 baths | 2,053 sq.ft.

$259,900

Airbnb cash on cash: 3.97%

Traditional cash on cash: 8.79%

Airbnb Rental Income: $2065

Traditional Rental Income: $2714

Airbnb ROI: 3.97%

Traditional ROI: 8.79%

111 Little Deer Road

Iron River, MI

5 beds | 3 baths | 2,000 sq.ft.

$274,900

Airbnb cash on cash: 3.72%

Traditional cash on cash: 9.03%

Airbnb Rental Income: $2065

Traditional Rental Income: $2910

Airbnb ROI: 3.72%