Real Estate Investment Properties for Sale in Ishpeming, MI

Looking for investment property in Ishpeming, MI with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1110 Co Rd GGG Ishpeming, MI Beautiful year-round living awaits on the highly sought-after Dead River Basin, offering a...	4 beds \| 3 baths \| 2,968 sq.ft.	$799,900	Airbnb cash on cash: N/A Traditional cash on cash: 0.92% Airbnb Rental Income: $null Traditional Rental Income: $2663 Airbnb ROI: N/A Traditional ROI: 0.92%
140 Tonkin Rd Ishpeming, MI Peaceful, rural, and accessible acreage with an incredible modern home set on 10 acres in ...	5 beds \| 2 baths \| 1,984 sq.ft.	$699,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.59% Airbnb Rental Income: $null Traditional Rental Income: $3129 Airbnb ROI: N/A Traditional ROI: 3.59%
21330 Long Rd Ishpeming, MI Looking for a beautiful, remote waterfront summer home? This is it! This lakefront home wa...	2 beds \| 1 baths \| 1,202 sq.ft.	$328,000	Airbnb cash on cash: -0.39% Traditional cash on cash: 2.81% Airbnb Rental Income: $1129 Traditional Rental Income: $1737 Airbnb ROI: -0.39% Traditional ROI: 2.81%
612 Maurice St Ishpeming, MI Plenty of Potential! This versatile home offers multiple living options with a full first-...	3 beds \| 2 baths \| 1,359 sq.ft.	$179,900	Airbnb cash on cash: 1.63% Traditional cash on cash: 6.48% Airbnb Rental Income: $1189 Traditional Rental Income: $1633 Airbnb ROI: 1.63% Traditional ROI: 6.48%
23 Chipman Dr Ishpeming, MI 23 Chipman Dr, Ishpeming, MI 49849 \| Single Family Residential	5 beds \| 3 baths \| 2,400 sq.ft.	$999,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.2% Airbnb Rental Income: $null Traditional Rental Income: $2633 Airbnb ROI: N/A Traditional ROI: 0.2%
113 N 2nd St Ishpeming, MI Previously known as The Venice, the restaurant isfully equipped and ready to welcome guest...	2 beds \| 4 baths \| 4,488 sq.ft.	$215,000	Airbnb cash on cash: 0.72% Traditional cash on cash: 8.62% Airbnb Rental Income: $1129 Traditional Rental Income: $2361 Airbnb ROI: 0.72% Traditional ROI: 8.62%
80 Acres Off Co Rd 510 Rd Ishpeming, MI 80 Acres Off Co Rd 510 Rd, Ishpeming, MI 49849 \| Single Family Residential	2 beds \| 1 baths \| 756 sq.ft.	$156,000	Airbnb cash on cash: 1.91% Traditional cash on cash: 3.07% Airbnb Rental Income: $1129 Traditional Rental Income: $925 Airbnb ROI: 1.91% Traditional ROI: 3.07%
TBD US 41 Hwy Ishpeming, MI TBD US 41 Hwy, Ishpeming, MI 49918 \| Other	N/A beds \| N/A baths \| 2,958 sq.ft.	$435,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.31% Airbnb Rental Income: $null Traditional Rental Income: $1012 Airbnb ROI: N/A Traditional ROI: -0.31%
170 Acres off CR 573 Rd Ishpeming, MI 170 Acres off CR 573 Rd, Ishpeming, MI 49849 \| Other	N/A beds \| N/A baths \| N/A	$215,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.25% Airbnb Rental Income: $null Traditional Rental Income: $554 Airbnb ROI: N/A Traditional ROI: -0.25%
200 Acres CR 573 Rd Ishpeming, MI 200 Acres CR 573 Rd, Ishpeming, MI 49849 \| Other	N/A beds \| N/A baths \| N/A	$160,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.51% Airbnb Rental Income: $null Traditional Rental Income: $554 Airbnb ROI: N/A Traditional ROI: 0.51%
280 Acres County Road CCN Rd Ishpeming, MI 280 Acres County Road CCN Rd, Ishpeming, MI 49849 \| Other	N/A beds \| N/A baths \| N/A	$224,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.34% Airbnb Rental Income: $null Traditional Rental Income: $554 Airbnb ROI: N/A Traditional ROI: -0.34%
TBD Sleepy Rd Ishpeming, MI TBD Sleepy Hollow Rd, Champion, MI 49849 \| Other	N/A beds \| N/A baths \| N/A	$90,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.63% Airbnb Rental Income: $null Traditional Rental Income: $544 Airbnb ROI: N/A Traditional ROI: 2.63%
Lot #11 North Greenwood Dr Ishpeming, MI Lot #11 North Greenwood Dr, Ishpeming, MI 49849 \| Other	N/A beds \| N/A baths \| N/A	$62,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.18% Airbnb Rental Income: $null Traditional Rental Income: $554 Airbnb ROI: N/A Traditional ROI: 4.18%
TBD N Greenwood - 2 Dr Ishpeming, MI TBD N Greenwood - 2 Dr, Ishpeming, MI 49849 \| Other	N/A beds \| N/A baths \| N/A	$39,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.5% Airbnb Rental Income: $null Traditional Rental Income: $554 Airbnb ROI: N/A Traditional ROI: 7.5%
Lot #10 North Greenwood Dr Ishpeming, MI Lot #10 North Greenwood Dr, Ishpeming, MI 49849 \| Other	N/A beds \| N/A baths \| N/A	$62,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.18% Airbnb Rental Income: $null Traditional Rental Income: $554 Airbnb ROI: N/A Traditional ROI: 4.18%
TBD US41 Hwy Ishpeming, MI TBD US41 Hwy, Ishpeming, MI 49849 \| Other	N/A beds \| N/A baths \| N/A	$399,000	Airbnb cash on cash: N/A Traditional cash on cash: -1.29% Airbnb Rental Income: $null Traditional Rental Income: $554 Airbnb ROI: N/A Traditional ROI: -1.29%
Voelker Lake Rd Ishpeming, MI Voelker Lake Rd, Ishpeming, MI 49849 \| Other	N/A beds \| N/A baths \| N/A	$650,000	Airbnb cash on cash: N/A Traditional cash on cash: -1.77% Airbnb Rental Income: $null Traditional Rental Income: $554 Airbnb ROI: N/A Traditional ROI: -1.77%
21330 Long Lake Rd Ishpeming, MI Looking for a beautiful, remote waterfront summer home? This is it! This lakefront home wa...	2 beds \| 1 baths \| 864 sq.ft.	$328,000	Airbnb cash on cash: 0.99% Traditional cash on cash: 4.02% Airbnb Rental Income: $1129 Traditional Rental Income: $1686 Airbnb ROI: 0.99% Traditional ROI: 4.02%
00 Gold Mine Lake Rd Ishpeming, MI 00 Gold Mine Lake Rd, Ishpeming, MI 49849 \| Other	N/A beds \| N/A baths \| N/A	$394,500	Airbnb cash on cash: N/A Traditional cash on cash: -1.09% Airbnb Rental Income: $null Traditional Rental Income: $623 Airbnb ROI: N/A Traditional ROI: -1.09%
TBD Goldmine Rd Ishpeming, MI TBD Goldmine Lake Rd, Ishpeming, MI 49849 \| Other	N/A beds \| N/A baths \| N/A	$544,900	Airbnb cash on cash: N/A Traditional cash on cash: -1.45% Airbnb Rental Income: $null Traditional Rental Income: $643 Airbnb ROI: N/A Traditional ROI: -1.45%
1110 Co Rd GGG Rd Ishpeming, MI 1110 Co Rd GGG Rd, Ishpeming, MI 49849 \| Single Family Residential	4 beds \| 3 baths \| 1,568 sq.ft.	$799,900	Airbnb cash on cash: N/A Traditional cash on cash: 0.23% Airbnb Rental Income: $null Traditional Rental Income: $2156 Airbnb ROI: N/A Traditional ROI: 0.23%
400 S Lake St Ishpeming, MI Welcome to easy, maintenance-free living in this thoughtfully designed new construction ho...	2 beds \| 1 baths \| 1,026 sq.ft.	$298,000	Airbnb cash on cash: -0.17% Traditional cash on cash: 3.36% Airbnb Rental Income: $1129 Traditional Rental Income: $1743 Airbnb ROI: -0.17% Traditional ROI: 3.36%
TBD CR AAH (Red Road) Rd Ishpeming, MI TBD CR AAH (Red Road) Rd, Ishpeming, MI 49849 \| Other	N/A beds \| N/A baths \| N/A	$34,000	Airbnb cash on cash: N/A Traditional cash on cash: 11.05% Airbnb Rental Income: $null Traditional Rental Income: $643 Airbnb ROI: N/A Traditional ROI: 11.05%
TBD County Road PRE Rd Ishpeming, MI TBD County Road PRE Rd, Ishpeming, MI 49849 \| Other	N/A beds \| N/A baths \| N/A	$359,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.89% Airbnb Rental Income: $null Traditional Rental Income: $643 Airbnb ROI: N/A Traditional ROI: -0.89%
163 Cliff St Ishpeming, MI 163 Cliff St, Ishpeming, MI 49849 \| Single Family Residential	3 beds \| 1 baths \| 1,218 sq.ft.	$154,900	Airbnb cash on cash: 2.28% Traditional cash on cash: 5.83% Airbnb Rental Income: $1189 Traditional Rental Income: $1328 Airbnb ROI: 2.28% Traditional ROI: 5.83%
TBD N Greenwood - 3 Dr Ishpeming, MI TBD N Greenwood - 3 Dr, Ishpeming, MI 49849 \| Other	N/A beds \| N/A baths \| N/A	$39,900	Airbnb cash on cash: N/A Traditional cash on cash: 10.05% Airbnb Rental Income: $null Traditional Rental Income: $660 Airbnb ROI: N/A Traditional ROI: 10.05%
622 E Empire Street Ishpeming, MI Welcome to this inviting 1,685 gross sq. ft. home located in a peaceful Ishpeming neighbor...	3 beds \| 2 baths \| 1,199 sq.ft.	$165,000	Airbnb cash on cash: 2% Traditional cash on cash: 9.28% Airbnb Rental Income: $1189 Traditional Rental Income: $1947 Airbnb ROI: 2% Traditional ROI: 9.28%
168 Saginaw St Ishpeming, MI Discover this beautifully updated three-bedroom, one-bath home on the edge of Ishpeming. T...	3 beds \| 1 baths \| 1,047 sq.ft.	$197,000	Airbnb cash on cash: 1.54% Traditional cash on cash: 7.72% Airbnb Rental Income: $1189 Traditional Rental Income: $1958 Airbnb ROI: 1.54% Traditional ROI: 7.72%
1 CO RD CD Rd Ishpeming, MI A 3-bedroom, 2-bath home located just 10 minutes from Ishpeming on a quiet paved road, jus...	3 beds \| 2 baths \| 1,477 sq.ft.	$275,000	Airbnb cash on cash: 1.34% Traditional cash on cash: 7.08% Airbnb Rental Income: $1189 Traditional Rental Income: $2290 Airbnb ROI: 1.34% Traditional ROI: 7.08%
1805 Cindy Street Ishpeming, MI Many recent upgrades have been completed to the Ishpeming Township home including the roof...	3 beds \| 2 baths \| 1,175 sq.ft.	$240,000	Airbnb cash on cash: 1.37% Traditional cash on cash: 5.97% Airbnb Rental Income: $1189 Traditional Rental Income: $1846 Airbnb ROI: 1.37% Traditional ROI: 5.97%
1720 Cindy Street Ishpeming, MI Charming updated 1 bedroom, 1 bath home featuring a modern kitchen, bright living space, d...	1 beds \| 1 baths \| 700 sq.ft.	$135,000	Airbnb cash on cash: 0.75% Traditional cash on cash: 5.67% Airbnb Rental Income: $701 Traditional Rental Income: $1033 Airbnb ROI: 0.75% Traditional ROI: 5.67%

Real Estate investment in Ishpeming, MI

There are 51 properties for sale in the city of Ishpeming . The median list price in Ishpeming is $163,416 and the average price per square foot is $99. In June 2026, the average monthly cash on cash return in Ishpeming is 4.00%. The average monthly rental income in Ishpeming is $1,660.

Ishpeming, MI Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 51 investment properties available for sale in Ishpeming.

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

The ROI for Long-Term is higher than the Short-Term in Ishpeming with average rental income of $1,660.

Your search for investment property begins and ends here

Investment Property for Sale in Ishpeming, MI

1110 Co Rd GGG

Ishpeming, MI

4 beds | 3 baths | 2,968 sq.ft.

$799,900

Airbnb cash on cash: N/A

Traditional cash on cash: 0.92%

Airbnb Rental Income: $null

Traditional Rental Income: $2663

Airbnb ROI: N/A

Traditional ROI: 0.92%

140 Tonkin Rd

Ishpeming, MI

5 beds | 2 baths | 1,984 sq.ft.

$699,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.59%

Airbnb Rental Income: $null

Traditional Rental Income: $3129

Airbnb ROI: N/A

Traditional ROI: 3.59%

21330 Long Rd

Ishpeming, MI

2 beds | 1 baths | 1,202 sq.ft.

$328,000

Airbnb cash on cash: -0.39%

Traditional cash on cash: 2.81%

Airbnb Rental Income: $1129

Traditional Rental Income: $1737

Airbnb ROI: -0.39%

Traditional ROI: 2.81%

612 Maurice St

Ishpeming, MI

3 beds | 2 baths | 1,359 sq.ft.

$179,900

Airbnb cash on cash: 1.63%

Traditional cash on cash: 6.48%

Airbnb Rental Income: $1189

Traditional Rental Income: $1633

Airbnb ROI: 1.63%

Traditional ROI: 6.48%

23 Chipman Dr

Ishpeming, MI

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

$999,000

Airbnb cash on cash: N/A

Traditional cash on cash: 0.2%

Airbnb Rental Income: $null

Traditional Rental Income: $2633

Airbnb ROI: N/A

Traditional ROI: 0.2%

113 N 2nd St

Ishpeming, MI

2 beds | 4 baths | 4,488 sq.ft.

$215,000

Airbnb cash on cash: 0.72%

Traditional cash on cash: 8.62%

Airbnb Rental Income: $1129

Traditional Rental Income: $2361

Airbnb ROI: 0.72%

Traditional ROI: 8.62%

80 Acres Off Co Rd 510 Rd

Ishpeming, MI

2 beds | 1 baths | 756 sq.ft.

$156,000

Airbnb cash on cash: 1.91%

Traditional cash on cash: 3.07%

Airbnb Rental Income: $1129

Traditional Rental Income: $925

Airbnb ROI: 1.91%

Traditional ROI: 3.07%

TBD US 41 Hwy

Ishpeming, MI

N/A beds | N/A baths | 2,958 sq.ft.

$435,000

Airbnb cash on cash: N/A

Traditional cash on cash: -0.31%

Airbnb Rental Income: $null

Traditional Rental Income: $1012

Airbnb ROI: N/A