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 3 Condo 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
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: 3.86% Traditional cash on cash: 11.7% Airbnb Rental Income: $921 Traditional Rental Income: $1217 Airbnb ROI: 3.86% 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: 2.26% Traditional cash on cash: 10.52% Airbnb Rental Income: $921 Traditional Rental Income: $1305 Airbnb ROI: 2.26% Traditional ROI: 10.52%
2221 Grass Lake Ave Ave Lake, MI 2221 Grass Lake Ave Ave, Lake, MI 48632 \| Condo/Coop	1 beds \| 1 baths \| 350 sq.ft.	$74,000	Airbnb cash on cash: 3.21% Traditional cash on cash: 10.91% Airbnb Rental Income: $921 Traditional Rental Income: $1142 Airbnb ROI: 3.21% Traditional ROI: 10.91%
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 \| 2,440 sq.ft.	$184,900	Airbnb cash on cash: 7.48% Traditional cash on cash: 9.47% Airbnb Rental Income: $2257 Traditional Rental Income: $2043 Airbnb ROI: 7.48% Traditional ROI: 9.47%
3251 Havenwood Cir Lake , MI Been searching for your hunter's paradise or cottage near the Lake? Here it is! 2 bed, 1 ...	2 beds \| 1 baths \| 1,100 sq.ft.	$159,900	Airbnb cash on cash: 2.22% Traditional cash on cash: 6.46% Airbnb Rental Income: $1003 Traditional Rental Income: $1294 Airbnb ROI: 2.22% Traditional ROI: 6.46%
7170 Oak Hollow Trl Lake , MI Very well maintained chalet in a quiet wooded setting with wild life to enjoy as you sit o...	3 beds \| 2 baths \| 1,600 sq.ft.	$250,000	Airbnb cash on cash: 5.17% Traditional cash on cash: 7.22% Airbnb Rental Income: $2257 Traditional Rental Income: $2176 Airbnb ROI: 5.17% Traditional ROI: 7.22%
4320 Ridgeway Trl Lake , MI 4 bedroom, 2 bath nicely updated home with a 24x32 attached 2 car garage and a 28x36 detac...	4 beds \| 2 baths \| 2,022 sq.ft.	$375,000	Airbnb cash on cash: 1.29% Traditional cash on cash: 6.32% Airbnb Rental Income: $1973 Traditional Rental Income: $3225 Airbnb ROI: 1.29% Traditional ROI: 6.32%
10780 Alpine Dr Lake , MI Waterfront Cottage on Gray Lake with great views. Gray Lake is a no wake inland lake with...	2 beds \| 1 baths \| 1,056 sq.ft.	$179,999	Airbnb cash on cash: 1.36% Traditional cash on cash: 7.54% Airbnb Rental Income: $1003 Traditional Rental Income: $1705 Airbnb ROI: 1.36% Traditional ROI: 7.54%
311 Hunter Dr Lake , MI 2 bedroom home near Silver Lake with a 2 car garage. Many building materials already there...	2 beds \| 1 baths \| 1,038 sq.ft.	$149,311	Airbnb cash on cash: 2.38% Traditional cash on cash: 9.62% Airbnb Rental Income: $1003 Traditional Rental Income: $1682 Airbnb ROI: 2.38% Traditional ROI: 9.62%
410 Silver Lake Dr Lake , MI Cute little cottage in pinora park with lake access to silver lake. Silver lake is a great...	1 beds \| 1 baths \| 618 sq.ft.	$109,500	Airbnb cash on cash: 2.07% Traditional cash on cash: 4.18% Airbnb Rental Income: $921 Traditional Rental Income: $802 Airbnb ROI: 2.07% Traditional ROI: 4.18%
4450 ADAMS Rd Lake , MI A home on 10 acres for $100k?! Yes, that is what sits at 4450 Adams Rd. This 3-bedroom, 2 ...	3 beds \| 2 baths \| 1,375 sq.ft.	$224,900	Airbnb cash on cash: 5.8% Traditional cash on cash: 7.33% Airbnb Rental Income: $2257 Traditional Rental Income: $2019 Airbnb ROI: 5.8% Traditional ROI: 7.33%
8180 Trails End Rd Lake , MI $5,000 Allowance given at Closing. Deeded Lake access to Crooked Lake for swimming and lou...	3 beds \| 1 baths \| 2,188 sq.ft.	$225,000	Airbnb cash on cash: 5.85% Traditional cash on cash: 5.92% Airbnb Rental Income: $2257 Traditional Rental Income: $1705 Airbnb ROI: 5.85% Traditional ROI: 5.92%
1361 N Crooked Lake Dr Lake , MI Get ready for summer fun with this 1200 sq. ft. cottage on beautiful Crooked Lake in Lake,...	3 beds \| 1 baths \| 1,200 sq.ft.	$239,900	Airbnb cash on cash: 4.53% Traditional cash on cash: 2.41% Airbnb Rental Income: $2257 Traditional Rental Income: $1211 Airbnb ROI: 4.53% Traditional ROI: 2.41%
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.	$199,000	Airbnb cash on cash: 0.65% Traditional cash on cash: 6.65% Airbnb Rental Income: $1003 Traditional Rental Income: $1779 Airbnb ROI: 0.65% Traditional ROI: 6.65%
1249 N CROOKED LAKE Dr Lake , MI Why settle for 1 cabin when you can own 4? Unique waterfront property with 4 cabins on the...	N/A beds \| 4 baths \| 3,164 sq.ft.	$599,900	Airbnb cash on cash: -1.13% Traditional cash on cash: 1.94% Airbnb Rental Income: $1003 Traditional Rental Income: $2364 Airbnb ROI: -1.13% Traditional ROI: 1.94%
1481 N Crooked Lake Dr Lake , MI Take a look at the "View Point" cottage! The View Point is a small, rustic cottage on a b...	2 beds \| 1 baths \| 750 sq.ft.	$324,500	Airbnb cash on cash: 0.27% Traditional cash on cash: 1.68% Airbnb Rental Income: $1003 Traditional Rental Income: $1076 Airbnb ROI: 0.27% Traditional ROI: 1.68%
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.	$279,000	Airbnb cash on cash: 3.48% Traditional cash on cash: 3.78% Airbnb Rental Income: $2257 Traditional Rental Income: $1771 Airbnb ROI: 3.48% Traditional ROI: 3.78%

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: 3.86%

Traditional cash on cash: 11.7%

Airbnb Rental Income: $921

Traditional Rental Income: $1217

Airbnb ROI: 3.86%

Traditional ROI: 11.7%

2221 Grass Lake UNIT 250

Lake, MI

1 beds | 1 baths | 660 sq.ft.

$89,900

Airbnb cash on cash: 2.26%

Traditional cash on cash: 10.52%

Airbnb Rental Income: $921

Traditional Rental Income: $1305

Airbnb ROI: 2.26%

Traditional ROI: 10.52%

2221 Grass Lake Ave Ave

Lake, MI

1 beds | 1 baths | 350 sq.ft.

$74,000

Airbnb cash on cash: 3.21%

Traditional cash on cash: 10.91%

Airbnb Rental Income: $921

Traditional Rental Income: $1142

Airbnb ROI: 3.21%

Traditional ROI: 10.91%

Other Investment Properties for Sale in Lake

Lake , MI

3 beds | 2 baths | 2,440 sq.ft.

$184,900

Airbnb cash on cash: 7.48%

Traditional cash on cash: 9.47%

Airbnb Rental Income: $2257

Traditional Rental Income: $2043

Airbnb ROI: 7.48%

Traditional ROI: 9.47%

Lake , MI

2 beds | 1 baths | 1,100 sq.ft.

$159,900

Airbnb cash on cash: 2.22%

Traditional cash on cash: 6.46%

Airbnb Rental Income: $1003

Traditional Rental Income: $1294

Airbnb ROI: 2.22%

Traditional ROI: 6.46%

Lake , MI

3 beds | 2 baths | 1,600 sq.ft.

$250,000

Airbnb cash on cash: 5.17%

Traditional cash on cash: 7.22%

Airbnb Rental Income: $2257

Traditional Rental Income: $2176

Airbnb ROI: 5.17%

Traditional ROI: 7.22%

Lake , MI

4 beds | 2 baths | 2,022 sq.ft.

$375,000

Airbnb cash on cash: 1.29%

Traditional cash on cash: 6.32%

Airbnb Rental Income: $1973

Traditional Rental Income: $3225

Airbnb ROI: 1.29%

Traditional ROI: 6.32%

Lake , MI

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

$179,999

Airbnb cash on cash: 1.36%

Traditional cash on cash: 7.54%

Airbnb Rental Income: $1003

Traditional Rental Income: $1705

Airbnb ROI: 1.36%

Traditional ROI: 7.54%

Lake , MI

2 beds | 1 baths | 1,038 sq.ft.

$149,311