Real Estate Investment Properties for Sale in Lake City, MI

Looking for investment property in Lake City, MI with high ROI ?

Explore a variety of short-term homes & houses in Lake City, MI. Invest wisely with VRBO & Lake City, MI Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Single Family Homes for Sale in Lake City, MI

Search for Single Family Residential for Sale in Lake City, Michigan. Browse all of Mashvisor’s Single Family Residential listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 29 Single Family Residential listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1167 S Taxiway Hotel Lake City, MI New Price and New Well! They say less is more, but sometimes more is good! If you're home ...	3 beds \| 2 baths \| 1,450 sq.ft.	$200,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.5% Airbnb Rental Income: $null Traditional Rental Income: $2314 Airbnb ROI: N/A Traditional ROI: 9.5%
1404 S Taxiway Delta Lake City, MI Charming & Spacious 2 Bed / 2 Bath Home with Garage Well maintained and move-in ready, thi...	2 beds \| 2 baths \| 1,216 sq.ft.	$159,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.83% Airbnb Rental Income: $null Traditional Rental Income: $1977 Airbnb ROI: N/A Traditional ROI: 9.83%
9131 W Jennings Rd Lake City, MI Beautifully updated, and well-maintained home offering a great balance of comfort, privacy...	4 beds \| 1 baths \| 1,850 sq.ft.	$334,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.26% Airbnb Rental Income: $null Traditional Rental Income: $1673 Airbnb ROI: N/A Traditional ROI: 3.26%
292 S Carolyn Dr Lake City, MI Lakefront Serenity Meets Contemporary Comfort on Lake Missaukee Imagine waking up each mor...	3 beds \| 2 baths \| 2,320 sq.ft.	$744,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.02% Airbnb Rental Income: $null Traditional Rental Income: $2200 Airbnb ROI: N/A Traditional ROI: 1.02%
6789 W Redman Dr Lake City, MI Nestled in the peaceful curve of Clayton Harbor Bay, this 4-bedroom, 2.5-bath storybook co...	3 beds \| 2 baths \| 1,728 sq.ft.	$664,900	Airbnb cash on cash: N/A Traditional cash on cash: 0.65% Airbnb Rental Income: $null Traditional Rental Income: $2003 Airbnb ROI: N/A Traditional ROI: 0.65%
208 Russell Street Lake City, MI Welcome to this charming 3-bedroom, 1.5-bath home built in 2019, offering modern comfort a...	3 beds \| 2 baths \| 1,183 sq.ft.	$175,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.07% Airbnb Rental Income: $null Traditional Rental Income: $1871 Airbnb ROI: N/A Traditional ROI: 8.07%
1900 Pavilion Dr Lake City, MI This charming log cottage has a newly painted exterior and features 3 bedrooms, 1 bath, an...	3 beds \| 1 baths \| 1,004 sq.ft.	$199,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.35% Airbnb Rental Income: $null Traditional Rental Income: $1852 Airbnb ROI: N/A Traditional ROI: 7.35%
2351 S Mcgee Rd Lake City, MI Experience the best of country living and investment potential on this rare 19-acre proper...	3 beds \| 1 baths \| 1,056 sq.ft.	$300,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.2% Airbnb Rental Income: $null Traditional Rental Income: $2105 Airbnb ROI: N/A Traditional ROI: 5.2%
180 E Sanborn Road Lake City, MI Completely renovated three-bedroom, three-bath home on nine acres just east of Lake City. ...	3 beds \| 3 baths \| 1,344 sq.ft.	$279,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.12% Airbnb Rental Income: $null Traditional Rental Income: $2331 Airbnb ROI: N/A Traditional ROI: 7.12%
4774 S Lachance Road Lake City, MI Welcome to your perfect slice of Northern Michigan living! This charming 3-bedroom, 1-bath...	3 beds \| 1 baths \| 1,107 sq.ft.	$190,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.87% Airbnb Rental Income: $null Traditional Rental Income: $1745 Airbnb ROI: N/A Traditional ROI: 6.87%
7039 W White Birch Ave Lake City, MI Welcome to your dream retreat on the lake, where stunning water views can be enjoyed from ...	4 beds \| 2 baths \| 2,232 sq.ft.	$899,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.09% Airbnb Rental Income: $null Traditional Rental Income: $3145 Airbnb ROI: N/A Traditional ROI: 2.09%
1404 S Taxiway Delta Lot : 4-6 Lake City, MI Charming & Spacious 2 Bed / 2 Bath Home with Garage Well maintained and move-in ready, thi...	2 beds \| 2 baths \| 1,216 sq.ft.	$159,900	Airbnb cash on cash: N/A Traditional cash on cash: 11.04% Airbnb Rental Income: $null Traditional Rental Income: $1977 Airbnb ROI: N/A Traditional ROI: 11.04%
2370 N Morey Rd Lake City, MI Charming Farmhouse on Historic "Plank Hill" â 12.5 Acres with Huge Pole Barn Step back ...	1 beds \| 1 baths \| 720 sq.ft.	$229,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.37% Airbnb Rental Income: $null Traditional Rental Income: $1372 Airbnb ROI: N/A Traditional ROI: 4.37%
1667 E Walker Road Lake City, MI 40-Acre Turnkey Hunting Retreat â Lake City, MI Just 10 minutes outside of Lake City, tu...	4 beds \| 1 baths \| 1,708 sq.ft.	$229,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.35% Airbnb Rental Income: $null Traditional Rental Income: $2072 Airbnb ROI: N/A Traditional ROI: 7.35%
2703 E Moorestown Road Lake City, MI Updated Up North Getaway or Full-Time Home! Perfectly located near ORV/snowmobile trails a...	3 beds \| 1 baths \| 1,200 sq.ft.	$199,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.53% Airbnb Rental Income: $null Traditional Rental Income: $1837 Airbnb ROI: N/A Traditional ROI: 7.53%
10242 N 7 Mile Rd Lake City, MI Secluded 5-Acre Retreat Backed by State Land â Modern Comfort in the Middle of the Woods...	3 beds \| 2 baths \| 1,200 sq.ft.	$205,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.52% Airbnb Rental Income: $null Traditional Rental Income: $2097 Airbnb ROI: N/A Traditional ROI: 8.52%
8838 N Deyoung Rd Lake City, MI Extremely well-preserved 1978 manufactured home, thoughtfully updated and move-in ready. T...	2 beds \| 1 baths \| 980 sq.ft.	$119,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.74% Airbnb Rental Income: $null Traditional Rental Income: $1540 Airbnb ROI: N/A Traditional ROI: 10.74%
1779 S Green Rd Lake City, MI Are you kidding...a cottage on beautiful all-sports Lake Missaukee for under $500,000. 70'...	2 beds \| 1 baths \| 600 sq.ft.	$474,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.02% Airbnb Rental Income: $null Traditional Rental Income: $1498 Airbnb ROI: N/A Traditional ROI: 1.02%
2520 S Blodgett Lake City, MI This Well Maintained 3-bedroom, 1-bath home sits on 2.5 private acres with a big circle dr...	3 beds \| 1 baths \| 938 sq.ft.	$205,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.98% Airbnb Rental Income: $null Traditional Rental Income: $1721 Airbnb ROI: N/A Traditional ROI: 6.98%
9321 W Oak Dr Lake City, MI This beautiful waterfront 4-bedroom 2-full bath cottage provides lots of room for the whol...	5 beds \| 2 baths \| 1,550 sq.ft.	$519,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.32% Airbnb Rental Income: $null Traditional Rental Income: $2770 Airbnb ROI: N/A Traditional ROI: 3.32%
885 N 7 Mile Rd Lake City, MI Discover affordable living with BIG potential! This immaculate singlewide home offers just...	2 beds \| 1 baths \| 604 sq.ft.	$99,900	Airbnb cash on cash: N/A Traditional cash on cash: 11.43% Airbnb Rental Income: $null Traditional Rental Income: $1360 Airbnb ROI: N/A Traditional ROI: 11.43%
1700 S McGee Rd #200 Lake City, MI Welcome to this beautifully designed newer construction home located near Lake City, Michi...	4 beds \| 3 baths \| 1,100 sq.ft.	$395,500	Airbnb cash on cash: N/A Traditional cash on cash: 6.45% Airbnb Rental Income: $null Traditional Rental Income: $3017 Airbnb ROI: N/A Traditional ROI: 6.45%
324 N Marion Street Lake City, MI This meticulously maintained 3-bedroom, 2-bath gem has been a cherished up-north getaway f...	3 beds \| 2 baths \| 1,196 sq.ft.	$244,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.79% Airbnb Rental Income: $null Traditional Rental Income: $1996 Airbnb ROI: N/A Traditional ROI: 5.79%
9888 N Wilson Rd Lake City, MI 40 Acres of Up North Retreat Lovingly maintained and deeply cherished for years, this 3-be...	3 beds \| N/A baths \| 1,764 sq.ft.	$289,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.75% Airbnb Rental Income: $null Traditional Rental Income: $2132 Airbnb ROI: N/A Traditional ROI: 5.75%

Your search for investment property begins and ends here

Single Family Homes for Sale in Lake City, MI

1167 S Taxiway Hotel

Lake City, MI

3 beds | 2 baths | 1,450 sq.ft.

$200,000

Airbnb cash on cash: N/A

Traditional cash on cash: 9.5%

Airbnb Rental Income: $null

Traditional Rental Income: $2314

Airbnb ROI: N/A

Traditional ROI: 9.5%

1404 S Taxiway Delta

Lake City, MI

2 beds | 2 baths | 1,216 sq.ft.

$159,900

Airbnb cash on cash: N/A

Traditional cash on cash: 9.83%

Airbnb Rental Income: $null

Traditional Rental Income: $1977

Airbnb ROI: N/A

Traditional ROI: 9.83%

9131 W Jennings Rd

Lake City, MI

4 beds | 1 baths | 1,850 sq.ft.

$334,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.26%

Airbnb Rental Income: $null

Traditional Rental Income: $1673

Airbnb ROI: N/A

Traditional ROI: 3.26%

292 S Carolyn Dr

Lake City, MI

3 beds | 2 baths | 2,320 sq.ft.

$744,900

Airbnb cash on cash: N/A

Traditional cash on cash: 1.02%

Airbnb Rental Income: $null

Traditional Rental Income: $2200

Airbnb ROI: N/A

Traditional ROI: 1.02%

6789 W Redman Dr

Lake City, MI

3 beds | 2 baths | 1,728 sq.ft.

$664,900

Airbnb cash on cash: N/A

Traditional cash on cash: 0.65%

Airbnb Rental Income: $null

Traditional Rental Income: $2003

Airbnb ROI: N/A

Traditional ROI: 0.65%

208 Russell Street

Lake City, MI

3 beds | 2 baths | 1,183 sq.ft.

$175,000

Airbnb cash on cash: N/A

Traditional cash on cash: 8.07%

Airbnb Rental Income: $null

Traditional Rental Income: $1871

Airbnb ROI: N/A

Traditional ROI: 8.07%

1900 Pavilion Dr

Lake City, MI

3 beds | 1 baths | 1,004 sq.ft.

$199,900

Airbnb cash on cash: N/A

Traditional cash on cash: 7.35%

Airbnb Rental Income: $null

Traditional Rental Income: $1852

Airbnb ROI: N/A

Traditional ROI: 7.35%

2351 S Mcgee Rd

Lake City, MI

3 beds | 1 baths | 1,056 sq.ft.

$300,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.2%

Airbnb Rental Income: $null

Traditional Rental Income: $2105

Airbnb ROI: N/A