Real Estate Investment Properties for Sale in Lake, MI

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

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

Condos for Sale in Lake, MI

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

Showing 2 Condo listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
2221 Grass Lake Lake, MI Price reduced !! Home sweet home away from home! Must see this much improved park model wi...	1 beds \| 1 baths \| 720 sq.ft.	$83,000	Airbnb cash on cash: 5.83% Traditional cash on cash: 11.7% Airbnb Rental Income: $1113 Traditional Rental Income: $1217 Airbnb ROI: 5.83% Traditional ROI: 11.7%
2221 Grass Lake UNIT 250 Lake, MI Waterfront Park Model on Loon Landing! Sandy Shores Resort is just off of M 115 near Lake ...	1 beds \| 1 baths \| 660 sq.ft.	$89,900	Airbnb cash on cash: 4.08% Traditional cash on cash: 10.52% Airbnb Rental Income: $1113 Traditional Rental Income: $1305 Airbnb ROI: 4.08% Traditional ROI: 10.52%
Other Investment Properties for Sale in Lake
441 Hillcrest Dr Lake , MI Welcome to your up north getaway! Just steps away from all-sport Crooked Lake this 3 bedro...	3 beds \| 2 baths \| 1,400 sq.ft.	$184,900	Airbnb cash on cash: 8% Traditional cash on cash: 9.47% Airbnb Rental Income: $2368 Traditional Rental Income: $2043 Airbnb ROI: 8% Traditional ROI: 9.47%
3230 Pinehurst Dr Lake , MI Welcome to your perfect up north getaway or year-round home in the beautiful Lake of the P...	3 beds \| 2 baths \| 1,260 sq.ft.	$253,900	Airbnb cash on cash: 5.42% Traditional cash on cash: 6.82% Airbnb Rental Income: $2368 Traditional Rental Income: $2120 Airbnb ROI: 5.42% Traditional ROI: 6.82%
9523-25 Terry St Lake , MI Here is one for the savvy shopper, it is a waterfront BOGO or 2fer. Two cottages on the be...	4 beds \| 2 baths \| 1,084 sq.ft.	$325,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.89% Airbnb Rental Income: $null Traditional Rental Income: $2149 Airbnb ROI: N/A Traditional ROI: 4.89%
11935 N Shore Dr Lake , MI Fantastic opportunity on beautiful 388 acre all-sports Eight Point Lake, Clare Counties la...	2 beds \| 1 baths \| 1,178 sq.ft.	$229,000	Airbnb cash on cash: -0.71% Traditional cash on cash: 5.67% Airbnb Rental Income: $702 Traditional Rental Income: $1779 Airbnb ROI: -0.71% Traditional ROI: 5.67%
4490 Ridgeway Trl Lake , MI Super Waterfront on all sports Doc and Tom Lake / Canal.You can swim here it is clean and ...	3 beds \| 2 baths \| 1,456 sq.ft.	$289,000	Airbnb cash on cash: 3.61% Traditional cash on cash: 3.56% Airbnb Rental Income: $2368 Traditional Rental Income: $1771 Airbnb ROI: 3.61% Traditional ROI: 3.56%
10203 S Lake Station Ave Lake , MI Clare County, two unit duplex just South of the Village of Lake, Near Crooked Lake and Per...	4 beds \| 2 baths \| 4,496 sq.ft.	$359,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.38% Airbnb Rental Income: $null Traditional Rental Income: $2687 Airbnb ROI: N/A Traditional ROI: 5.38%
10195 S Lake Station Ave Lake , MI Clare County, Two structures with 2 units each, just South of the Village of Lake, Near Cr...	8 beds \| 4 baths \| 8,128 sq.ft.	$598,000	Airbnb cash on cash: 6.36% Traditional cash on cash: 4.55% Airbnb Rental Income: $5803 Traditional Rental Income: $3635 Airbnb ROI: 6.36% Traditional ROI: 4.55%
10215 S Lake Station Ave Lake , MI Great opportunity to own a duplex, possibility to live in one and rent out the other, each...	4 beds \| 2 baths \| 3,744 sq.ft.	$379,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.43% Airbnb Rental Income: $null Traditional Rental Income: $2678 Airbnb ROI: N/A Traditional ROI: 5.43%
11076 N Shore Dr Lake , MI Enjoy the spectacular sunrise lake views from this 4+ bedroom, 3-bath home with over 3,000...	4 beds \| 3 baths \| 3,062 sq.ft.	$673,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.4% Airbnb Rental Income: $null Traditional Rental Income: $3723 Airbnb ROI: N/A Traditional ROI: 4.4%
4280 Birch Drive Lake , MI Enjoy lake living full or part time at all sports Littlefield Lake. Great for kayaking and...	3 beds \| 2 baths \| 1,584 sq.ft.	$222,000	Airbnb cash on cash: 6.35% Traditional cash on cash: 9.22% Airbnb Rental Income: $2368 Traditional Rental Income: $2388 Airbnb ROI: 6.35% Traditional ROI: 9.22%
6364 Joanne St Lake , MI A Sportsman's Paradise! Your dream life awaits at this peaceful, waterfront home on no-wak...	2 beds \| 1 baths \| 1,216 sq.ft.	$299,000	Airbnb cash on cash: -0.33% Traditional cash on cash: 5.14% Airbnb Rental Income: $702 Traditional Rental Income: $1935 Airbnb ROI: -0.33% Traditional ROI: 5.14%
243 Arbor Dr Lake , MI Lake George Lakefront - Cute as can be, 2 bedroom, 3/4 bath, cottage on this all sports la...	2 beds \| 1 baths \| 612 sq.ft.	$239,900	Airbnb cash on cash: 0.09% Traditional cash on cash: 3.56% Airbnb Rental Income: $1019 Traditional Rental Income: $1447 Airbnb ROI: 0.09% Traditional ROI: 3.56%
10365 Cadillac Dr Lake , MI Discover this rare 19.1-acre property located just off M-115. Featuring a 3-bedroom, 2-bat...	3 beds \| 2 baths \| 1,440 sq.ft.	$185,000	Airbnb cash on cash: 7.61% Traditional cash on cash: 10.1% Airbnb Rental Income: $2368 Traditional Rental Income: $2221 Airbnb ROI: 7.61% Traditional ROI: 10.1%
350 Lincoln Rd Lake , MI Nestled in the Lake George community next to two All-Sports Lakes this 3-bedroom, 2-bathro...	3 beds \| 2 baths \| 1,344 sq.ft.	$149,900	Airbnb cash on cash: 9.29% Traditional cash on cash: 11.67% Airbnb Rental Income: $2368 Traditional Rental Income: $2126 Airbnb ROI: 9.29% Traditional ROI: 11.67%

Your search for investment property begins and ends here

Condos for Sale in Lake, MI

2221 Grass Lake

Lake, MI

1 beds | 1 baths | 720 sq.ft.

$83,000

Airbnb cash on cash: 5.83%

Traditional cash on cash: 11.7%

Airbnb Rental Income: $1113

Traditional Rental Income: $1217

Airbnb ROI: 5.83%

Traditional ROI: 11.7%

2221 Grass Lake UNIT 250

Lake, MI

1 beds | 1 baths | 660 sq.ft.

$89,900

Airbnb cash on cash: 4.08%

Traditional cash on cash: 10.52%

Airbnb Rental Income: $1113

Traditional Rental Income: $1305

Airbnb ROI: 4.08%

Traditional ROI: 10.52%

Other Investment Properties for Sale in Lake

Lake , MI

3 beds | 2 baths | 1,400 sq.ft.

$184,900

Airbnb cash on cash: 8%

Traditional cash on cash: 9.47%

Airbnb Rental Income: $2368

Traditional Rental Income: $2043

Airbnb ROI: 8%

Traditional ROI: 9.47%

Lake , MI

3 beds | 2 baths | 1,260 sq.ft.

$253,900

Airbnb cash on cash: 5.42%

Traditional cash on cash: 6.82%

Airbnb Rental Income: $2368

Traditional Rental Income: $2120

Airbnb ROI: 5.42%

Traditional ROI: 6.82%

Lake , MI

4 beds | 2 baths | 1,084 sq.ft.

$325,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.89%

Airbnb Rental Income: $null

Traditional Rental Income: $2149

Airbnb ROI: N/A

Traditional ROI: 4.89%

Lake , MI

2 beds | 1 baths | 1,178 sq.ft.

$229,000

Airbnb cash on cash: -0.71%

Traditional cash on cash: 5.67%

Airbnb Rental Income: $702

Traditional Rental Income: $1779

Airbnb ROI: -0.71%

Traditional ROI: 5.67%

Lake , MI

3 beds | 2 baths | 1,456 sq.ft.

$289,000

Airbnb cash on cash: 3.61%

Traditional cash on cash: 3.56%

Airbnb Rental Income: $2368

Traditional Rental Income: $1771

Airbnb ROI: 3.61%

Traditional ROI: 3.56%

Lake , MI

4 beds | 2 baths | 4,496 sq.ft.

$359,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.38%

Airbnb Rental Income: $null

Traditional Rental Income: $2687

Airbnb ROI: N/A

Traditional ROI: 5.38%

Lake , MI

8 beds | 4 baths | 8,128 sq.ft.

$598,000

Airbnb cash on cash: 6.36%