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.	$459,900	Airbnb cash on cash: -0.44% Traditional cash on cash: 4.8% Airbnb Rental Income: $1418 Traditional Rental Income: $3247 Airbnb ROI: -0.44% Traditional ROI: 4.8%
234 W Lake Emily Rd Iron River, MI * HIGHLY MOTIVATED SELLER* Sitting along the shores of Emily Lake, this year-round lakefro...	2 beds \| N/A baths \| 880 sq.ft.	$161,900	Airbnb cash on cash: 0.27% Traditional cash on cash: 8.64% Airbnb Rental Income: $855 Traditional Rental Income: $1816 Airbnb ROI: 0.27% Traditional ROI: 8.64%
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.	$159,900	Airbnb cash on cash: 3.38% Traditional cash on cash: 7.64% Airbnb Rental Income: $1418 Traditional Rental Income: $1642 Airbnb ROI: 3.38% Traditional ROI: 7.64%
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: -1.71% Traditional cash on cash: 0.03% Airbnb Rental Income: $1525 Traditional Rental Income: $3189 Airbnb ROI: -1.71% Traditional ROI: 0.03%
645 E Hunter Rd Iron River, MI This 4 bedroom 2 bath home provides a place for coveted country living for those seeking a...	4 beds \| 2 baths \| 1,929 sq.ft.	$199,900	Airbnb cash on cash: 4.03% Traditional cash on cash: 8.8% Airbnb Rental Income: $1525 Traditional Rental Income: $1987 Airbnb ROI: 4.03% Traditional ROI: 8.8%
817 W Boyington St Iron River, MI Quiet neighborhood corner lot "turn key" two bedroom home on Strawberry Hill. This effici...	2 beds \| 1 baths \| 1,030 sq.ft.	$134,000	Airbnb cash on cash: 1.6% Traditional cash on cash: 11.68% Airbnb Rental Income: $855 Traditional Rental Income: $1821 Airbnb ROI: 1.6% Traditional ROI: 11.68%
195 Homan Rd Iron River, MI Move-in ready and waiting for you, this executive home on 10 acres is situated on the priv...	5 beds \| 3 baths \| 4,031 sq.ft.	$1,950,000	Airbnb cash on cash: -0.96% Traditional cash on cash: 0.95% Airbnb Rental Income: $1524 Traditional Rental Income: $4537 Airbnb ROI: -0.96% Traditional ROI: 0.95%
203 N 8th 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.	$274,900	Airbnb cash on cash: 2.06% Traditional cash on cash: 8.96% Airbnb Rental Income: $1524 Traditional Rental Income: $2871 Airbnb ROI: 2.06% Traditional ROI: 8.96%
127 Bass Rd Iron River, MI This 3 bedroom, 1 bath cottage boasts 150 feet of frontage on Bass Lake and is ideal for u...	3 beds \| 1 baths \| 1,061 sq.ft.	$279,900	Airbnb cash on cash: 0.89% Traditional cash on cash: 4.25% Airbnb Rental Income: $1418 Traditional Rental Income: $1879 Airbnb ROI: 0.89% Traditional ROI: 4.25%
3759 W Brule Lake Rd 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: 0.66% Traditional cash on cash: 4.35% Airbnb Rental Income: $1418 Traditional Rental Income: $2032 Airbnb ROI: 0.66% Traditional ROI: 4.35%
2072 FF Hwy 16 Rd Iron River, MI Seclusion at its finest! Very nice log cabin nestled on 36 wooded acres in the heart of th...	1 beds \| N/A 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 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: N/A Traditional cash on cash: 5.04% Airbnb Rental Income: $null Traditional Rental Income: $1538 Airbnb ROI: N/A 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: -0.58% Traditional cash on cash: -0.23% Airbnb Rental Income: $1201 Traditional Rental Income: $943 Airbnb ROI: -0.58% Traditional ROI: -0.23%
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: 3.24% Traditional cash on cash: 10.82% Airbnb Rental Income: $1418 Traditional Rental Income: $2179 Airbnb ROI: 3.24% Traditional ROI: 10.82%
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: 7.03% Traditional cash on cash: 7.93% Airbnb Rental Income: $1201 Traditional Rental Income: $879 Airbnb ROI: 7.03% 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: 4.25% Traditional cash on cash: 4.61% Airbnb Rental Income: $1201 Traditional Rental Income: $850 Airbnb ROI: 4.25% 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: 2.89% Traditional cash on cash: 3.39% Airbnb Rental Income: $1201 Traditional Rental Income: $879 Airbnb ROI: 2.89% Traditional ROI: 3.39%
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: 6.7% Traditional cash on cash: 7.56% Airbnb Rental Income: $1201 Traditional Rental Income: $879 Airbnb ROI: 6.7% 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: 7.87% Traditional cash on cash: 8.83% Airbnb Rental Income: $1201 Traditional Rental Income: $879 Airbnb ROI: 7.87% 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: 1.93% Traditional cash on cash: 2.34% Airbnb Rental Income: $1201 Traditional Rental Income: $879 Airbnb ROI: 1.93% 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: -0.34% Traditional cash on cash: -0.09% Airbnb Rental Income: $1201 Traditional Rental Income: $894 Airbnb ROI: -0.34% 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: 6.9% Traditional cash on cash: 7.97% Airbnb Rental Income: $1201 Traditional Rental Income: $894 Airbnb ROI: 6.9% 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	$1,984,000	Airbnb cash on cash: -2.14% Traditional cash on cash: -2.1% Airbnb Rental Income: $1201 Traditional Rental Income: $894 Airbnb ROI: -2.14% 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: 2.33% Traditional cash on cash: 2.88% Airbnb Rental Income: $1201 Traditional Rental Income: $894 Airbnb ROI: 2.33% Traditional ROI: 2.88%
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: 2.51% Traditional cash on cash: 2.97% Airbnb Rental Income: $1201 Traditional Rental Income: $879 Airbnb ROI: 2.51% Traditional ROI: 2.97%
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: -0.61% Traditional cash on cash: -0.39% Airbnb Rental Income: $1201 Traditional Rental Income: $894 Airbnb ROI: -0.61% Traditional ROI: -0.39%
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: 8.22% Traditional cash on cash: 9.22% Airbnb Rental Income: $1201 Traditional Rental Income: $879 Airbnb ROI: 8.22% Traditional ROI: 9.22%
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: 9.49% Traditional cash on cash: 10.6% Airbnb Rental Income: $1201 Traditional Rental Income: $879 Airbnb ROI: 9.49% 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: -1.71% Traditional cash on cash: 0.06% Airbnb Rental Income: $1525 Traditional Rental Income: $3221 Airbnb ROI: -1.71% Traditional ROI: 0.06%
4231 W US 2 Hwy Iron River, MI Country home on beautiful 1.1 acre lot. The nicely landscaped yard features a large fenced...	2 beds \| 2 baths \| 1,220 sq.ft.	$165,000	Airbnb cash on cash: 0.22% Traditional cash on cash: 9.79% Airbnb Rental Income: $855 Traditional Rental Income: $2029 Airbnb ROI: 0.22% Traditional ROI: 9.79%
274 N Angeli Rd Iron River, MI 274 N Angeli Rd, Iron River, MI 49935 \| Single Family Residential	3 beds \| 2 baths \| 2,200 sq.ft.	$459,900	Airbnb cash on cash: -0.44% Traditional cash on cash: 3.04% Airbnb Rental Income: $1418 Traditional Rental Income: $2488 Airbnb ROI: -0.44% 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.	$1,300,000	Airbnb cash on cash: -1.72% Traditional cash on cash: 0.41% Airbnb Rental Income: $1524 Traditional Rental Income: $3653 Airbnb ROI: -1.72% Traditional ROI: 0.41%
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.	$159,900	Airbnb cash on cash: 3.38% Traditional cash on cash: 10.67% Airbnb Rental Income: $1418 Traditional Rental Income: $2105 Airbnb ROI: 3.38% Traditional ROI: 10.67%
96 Allen St Iron River, MI Nestled in a peaceful, private setting, this charming home in Iron River offers a perfect ...	2 beds \| 1 baths \| 725 sq.ft.	$119,000	Airbnb cash on cash: 1.24% Traditional cash on cash: 9.55% Airbnb Rental Income: $855 Traditional Rental Income: $1477 Airbnb ROI: 1.24% Traditional ROI: 9.55%
137 Caspian Cutoff Rd Iron River, MI Newly renovated 3-bedroom, 2-bath home on 3 acres just outside of Iron River! This move-in...	3 beds \| 2 baths \| 960 sq.ft.	$214,500	Airbnb cash on cash: 2.82% Traditional cash on cash: 7.21% Airbnb Rental Income: $1418 Traditional Rental Income: $1885 Airbnb ROI: 2.82% Traditional ROI: 7.21%
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: 1.87% Traditional cash on cash: 7.95% Airbnb Rental Income: $1524 Traditional Rental Income: $2714 Airbnb ROI: 1.87% 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: 1.73% Traditional cash on cash: 8.21% Airbnb Rental Income: $1524 Traditional Rental Income: $2910 Airbnb ROI: 1.73% 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.	$274,900	Airbnb cash on cash: 1.99% Traditional cash on cash: 8.61% Airbnb Rental Income: $1524 Traditional Rental Income: $2796 Airbnb ROI: 1.99% Traditional ROI: 8.61%
176 Sunset Shores Rd Iron River, MI 176 Sunset Shores Rd, Iron River, MI 49935 \| Single Family Residential	5 beds \| 3 baths \| 4,797 sq.ft.	$1,300,000	Airbnb cash on cash: -1.72% Traditional cash on cash: 0.17% Airbnb Rental Income: $1524 Traditional Rental Income: $3362 Airbnb ROI: -1.72% Traditional ROI: 0.17%
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: 1.16% Traditional cash on cash: 6.55% Airbnb Rental Income: $1524 Traditional Rental Income: $2529 Airbnb ROI: 1.16% Traditional ROI: 6.55%

Real Estate investment in Iron-river, MI

There are 45 properties for sale in the city of Iron River . The median list price in Iron River is $145,000 and the average price per square foot is $79. In May 2026, the average monthly cash on cash return in Iron River is 9.00%. The average monthly rental income in Iron River is $1,627.

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

There are 45 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 $1,627.

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.

$459,900

Airbnb cash on cash: -0.44%

Traditional cash on cash: 4.8%

Airbnb Rental Income: $1418

Traditional Rental Income: $3247

Airbnb ROI: -0.44%

Traditional ROI: 4.8%

234 W Lake Emily Rd

Iron River, MI

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

$161,900

Airbnb cash on cash: 0.27%

Traditional cash on cash: 8.64%

Airbnb Rental Income: $855

Traditional Rental Income: $1816

Airbnb ROI: 0.27%

Traditional ROI: 8.64%

1319 N River Ave

Iron River, MI

3 beds | 1 baths | 703 sq.ft.

$159,900

Airbnb cash on cash: 3.38%

Traditional cash on cash: 7.64%

Airbnb Rental Income: $1418

Traditional Rental Income: $1642

Airbnb ROI: 3.38%

Traditional ROI: 7.64%

163 Homan Rd

Iron River, MI

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

$1,299,900

Airbnb cash on cash: -1.71%

Traditional cash on cash: 0.03%

Airbnb Rental Income: $1525

Traditional Rental Income: $3189

Airbnb ROI: -1.71%

Traditional ROI: 0.03%

645 E Hunter Rd

Iron River, MI

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

$199,900

Airbnb cash on cash: 4.03%

Traditional cash on cash: 8.8%

Airbnb Rental Income: $1525

Traditional Rental Income: $1987

Airbnb ROI: 4.03%

Traditional ROI: 8.8%

817 W Boyington St

Iron River, MI

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

$134,000

Airbnb cash on cash: 1.6%

Traditional cash on cash: 11.68%

Airbnb Rental Income: $855

Traditional Rental Income: $1821

Airbnb ROI: 1.6%

Traditional ROI: 11.68%

195 Homan Rd

Iron River, MI

5 beds | 3 baths | 4,031 sq.ft.

$1,950,000

Airbnb cash on cash: -0.96%

Traditional cash on cash: 0.95%

Airbnb Rental Income: $1524

Traditional Rental Income: $4537

Airbnb ROI: -0.96%

Traditional ROI: 0.95%

203 N 8th

Iron River, MI

5 beds | 2 baths | 2,625 sq.ft.

$274,900

Airbnb cash on cash: 2.06%

Traditional cash on cash: 8.96%

Airbnb Rental Income: $1524

Traditional Rental Income: $2871

Airbnb ROI: 2.06%