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.

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
2221 Grass Lake Lake, MI Home sweet home away from home! Must see this much improved park model with large addition...	1 beds \| 1 baths \| 720 sq.ft.	$89,302	Airbnb cash on cash: 4.42% Traditional cash on cash: 10.85% Airbnb Rental Income: $1013 Traditional Rental Income: $1217 Airbnb ROI: 4.42% Traditional ROI: 10.85%
2221 Grass Lake Ave #31 Lake, MI 2221 Grass Lake Ave #31, Lake, MI 48632 \| Condo/Coop	1 beds \| 1 baths \| 534 sq.ft.	$75,000	Airbnb cash on cash: 4.18% Traditional cash on cash: 9.53% Airbnb Rental Income: $1013 Traditional Rental Income: $1052 Airbnb ROI: 4.18% Traditional ROI: 9.53%
Other Investment Properties for Sale in Lake
441 Hillcrest Dr Lake , MI Take a look at this 4 BD, 2 Bath home on a large landscaped lot. Full basement, attached ...	3 beds \| 2 baths \| 1,400 sq.ft.	$199,900	Airbnb cash on cash: 6.56% Traditional cash on cash: 8.71% Airbnb Rental Income: $2190 Traditional Rental Income: $2043 Airbnb ROI: 6.56% Traditional ROI: 8.71%
3230 Pinehurst 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.	$269,900	Airbnb cash on cash: 4.46% Traditional cash on cash: 6.36% Airbnb Rental Income: $2190 Traditional Rental Income: $2120 Airbnb ROI: 4.46% Traditional ROI: 6.36%
4958 Bayou Drive Lake , MI Experience lake living at its best on the sought after Littlefield Lake. This well maintai...	2 beds \| 2 baths \| 1,272 sq.ft.	$270,000	Airbnb cash on cash: -1.59% Traditional cash on cash: 6.27% Airbnb Rental Income: $647 Traditional Rental Income: $2353 Airbnb ROI: -1.59% Traditional ROI: 6.27%
1320 Hillcrest Dr Lake , MI Beautiful location on the west end of all sports Crooked Lake. 50' of sandy bottom fronta...	2 beds \| 1 baths \| 1,242 sq.ft.	$325,000	Airbnb cash on cash: -0.96% Traditional cash on cash: 4.39% Airbnb Rental Income: $647 Traditional Rental Income: $1985 Airbnb ROI: -0.96% Traditional ROI: 4.39%
4450 ADAMS Lake , MI Nestled on 10.04 acres of peaceful country living, this beautifully remodeled home offers ...	3 beds \| 2 baths \| 1,375 sq.ft.	$265,000	Airbnb cash on cash: 3.65% Traditional cash on cash: 5.7% Airbnb Rental Income: $2190 Traditional Rental Income: $2147 Airbnb ROI: 3.65% Traditional ROI: 5.7%
9523-25 Terry Street 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%
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.	$265,000	Airbnb cash on cash: 4.56% Traditional cash on cash: 6.09% Airbnb Rental Income: $2190 Traditional Rental Income: $2019 Airbnb ROI: 4.56% Traditional ROI: 6.09%
2221 Grass Lake Ave Lake , MI Relax at your water front dream come true, full rap around deck to enjoy out door cooking ...	1 beds \| 1 baths \| 618 sq.ft.	$69,900	Airbnb cash on cash: 5.44% Traditional cash on cash: 11.18% Airbnb Rental Income: $1013 Traditional Rental Income: $1053 Airbnb ROI: 5.44% Traditional ROI: 11.18%
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.	$299,900	Airbnb cash on cash: 2.94% Traditional cash on cash: 1.44% Airbnb Rental Income: $2190 Traditional Rental Income: $1211 Airbnb ROI: 2.94% Traditional ROI: 1.44%
11935 N Shore Drive Lake , MI Fantastic opportunity on beautiful all-sports Eight Point Lake with 61 feet of water front...	2 beds \| 1 baths \| 1,178 sq.ft.	$239,000	Airbnb cash on cash: -0.93% Traditional cash on cash: 5.39% Airbnb Rental Income: $647 Traditional Rental Income: $1779 Airbnb ROI: -0.93% Traditional ROI: 5.39%
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...	9 beds \| 4 baths \| 3,164 sq.ft.	$649,000	Airbnb cash on cash: -1.61% Traditional cash on cash: 1.72% Airbnb Rental Income: $647 Traditional Rental Income: $2364 Airbnb ROI: -1.61% Traditional ROI: 1.72%
10429 Garfield Avenue Lake , MI Spacious open concept manufactured home with a split floor plan. Offers 3 bedrooms, 2 full...	3 beds \| 2 baths \| 1,456 sq.ft.	$164,900	Airbnb cash on cash: 8.21% Traditional cash on cash: 11.81% Airbnb Rental Income: $2190 Traditional Rental Income: $2202 Airbnb ROI: 8.21% Traditional ROI: 11.81%
10203 S Lake Station Lake , MI Clare County, two unit duplex just South of the Village of Lake, Near Crooked Lake and Pe...	4 beds \| 2 baths \| 4,496 sq.ft.	$315,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.25% Airbnb Rental Income: $null Traditional Rental Income: $2687 Airbnb ROI: N/A Traditional ROI: 6.25%
10195 S Lake Station Lake , MI Clare County, Two structures with 2 units each, just South of the Village of Lake, Near C...	8 beds \| 4 baths \| 8,128 sq.ft.	$519,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.38% Airbnb Rental Income: $null Traditional Rental Income: $3635 Airbnb ROI: N/A Traditional ROI: 5.38%

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.

$89,302

Airbnb cash on cash: 4.42%

Traditional cash on cash: 10.85%

Airbnb Rental Income: $1013

Traditional Rental Income: $1217

Airbnb ROI: 4.42%

Traditional ROI: 10.85%

2221 Grass Lake Ave #31

Lake, MI

1 beds | 1 baths | 534 sq.ft.

$75,000

Airbnb cash on cash: 4.18%

Traditional cash on cash: 9.53%

Airbnb Rental Income: $1013

Traditional Rental Income: $1052

Airbnb ROI: 4.18%

Traditional ROI: 9.53%

Other Investment Properties for Sale in Lake

Lake , MI

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

$199,900

Airbnb cash on cash: 6.56%

Traditional cash on cash: 8.71%

Airbnb Rental Income: $2190

Traditional Rental Income: $2043

Airbnb ROI: 6.56%

Traditional ROI: 8.71%

Lake , MI

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

$269,900

Airbnb cash on cash: 4.46%

Traditional cash on cash: 6.36%

Airbnb Rental Income: $2190

Traditional Rental Income: $2120

Airbnb ROI: 4.46%

Traditional ROI: 6.36%

Lake , MI

2 beds | 2 baths | 1,272 sq.ft.

$270,000

Airbnb cash on cash: -1.59%

Traditional cash on cash: 6.27%

Airbnb Rental Income: $647

Traditional Rental Income: $2353

Airbnb ROI: -1.59%

Traditional ROI: 6.27%

Lake , MI

2 beds | 1 baths | 1,242 sq.ft.

$325,000

Airbnb cash on cash: -0.96%

Traditional cash on cash: 4.39%

Airbnb Rental Income: $647

Traditional Rental Income: $1985

Airbnb ROI: -0.96%

Traditional ROI: 4.39%

Lake , MI

3 beds | 2 baths | 1,375 sq.ft.

$265,000

Airbnb cash on cash: 3.65%

Traditional cash on cash: 5.7%

Airbnb Rental Income: $2190

Traditional Rental Income: $2147

Airbnb ROI: 3.65%

Traditional ROI: 5.7%

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

3 beds | 2 baths | 1,375 sq.ft.

$265,000

Airbnb cash on cash: 4.56%