Real Estate Investment Properties for Sale in Lapeer, MI

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
238 E Nepessing St Lapeer, MI This 3-bedroom, 2-bath bungalow is conveniently located just east of Lapeer, offering an i...	3 beds \| 2 baths \| 1,300 sq.ft.	$209,900	Airbnb cash on cash: -2.01% Traditional cash on cash: 7.68% Airbnb Rental Income: $292 Traditional Rental Income: $1982 Airbnb ROI: -2.01% Traditional ROI: 7.68%
4198 Mcdowell Rd Lapeer, MI Beautiful ranch home on 5 acres with the original owner selling. First floor primary suite...	3 beds \| 2 baths \| 1,600 sq.ft.	$349,900	Airbnb cash on cash: -1.58% Traditional cash on cash: 5.05% Airbnb Rental Income: $292 Traditional Rental Income: $2235 Airbnb ROI: -1.58% Traditional ROI: 5.05%
47 Pope Street Lapeer, MI 6 Unit Multi-Family Investment Property - Near Downtown Lapeer. Each unit offers 1 bedroom...	6 beds \| 6 baths \| 3,425 sq.ft.	$439,000	Airbnb cash on cash: 1.57% Traditional cash on cash: 9.04% Airbnb Rental Income: $2280 Traditional Rental Income: $4782 Airbnb ROI: 1.57% Traditional ROI: 9.04%
220 W Park St Lapeer, MI Charming Duplex in the Heart of Lapeer! Fully rented 2-unit property offering a great ...	3 beds \| 2 baths \| 1,621 sq.ft.	$198,000	Airbnb cash on cash: -2.24% Traditional cash on cash: 7.97% Airbnb Rental Income: $292 Traditional Rental Income: $1973 Airbnb ROI: -2.24% Traditional ROI: 7.97%
4476 Merwin Rd Lapeer, MI 67-acre property featuring a mix of tillable land and woodlands, complete with a flowing s...	3 beds \| 1 baths \| 1,096 sq.ft.	$520,000	Airbnb cash on cash: -1.5% Traditional cash on cash: 1.44% Airbnb Rental Income: $292 Traditional Rental Income: $1488 Airbnb ROI: -1.5% Traditional ROI: 1.44%
4718 Davison Rd Lapeer, MI	1 beds \| 1 baths \| 5,721 sq.ft.	$550,000	Airbnb cash on cash: -1.21% Traditional cash on cash: 0.65% Airbnb Rental Income: $627 Traditional Rental Income: $1289 Airbnb ROI: -1.21% Traditional ROI: 0.65%
2681 Flint River Rd Lapeer, MI She is sits back in overlooking the Flint River on 6 Acres 90% wooded acres. Roughly 1800 ...	3 beds \| 2 baths \| 1,800 sq.ft.	$279,900	Airbnb cash on cash: -1.67% Traditional cash on cash: 8.47% Airbnb Rental Income: $292 Traditional Rental Income: $2731 Airbnb ROI: -1.67% Traditional ROI: 8.47%
2681 Hadley Rd Lapeer, MI Stonegate Farm - A 40-Acre Legacy Estate Offering Luxury, Lifestyle, and Opportunity New o...	5 beds \| 4 baths \| 6,000 sq.ft.	$2,249,000	Airbnb cash on cash: -0.68% Traditional cash on cash: 1.07% Airbnb Rental Income: $2280 Traditional Rental Income: $5363 Airbnb ROI: -0.68% Traditional ROI: 1.07%
90 Mill St Lapeer, MI Introducing 90 Mill Street - a distinctive residence where character and comfort come toge...	4 beds \| 1 baths \| 1,271 sq.ft.	$219,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.45% Airbnb Rental Income: $null Traditional Rental Income: $1730 Airbnb ROI: N/A Traditional ROI: 6.45%
317 Devonshire Dr #9 Lapeer, MI Award winning Clearview Homes is building this single-family luxury ranch style condominiu...	2 beds \| 2 baths \| 1,527 sq.ft.	$359,900	Airbnb cash on cash: -1.49% Traditional cash on cash: 5.24% Airbnb Rental Income: $478 Traditional Rental Income: $2483 Airbnb ROI: -1.49% Traditional ROI: 5.24%
634 Eastway Cir Lapeer, MI Welcome to easy low maintenance living in the heart of Lapeer! This well maintained standa...	2 beds \| 2 baths \| 1,120 sq.ft.	$284,900	Airbnb cash on cash: -1.82% Traditional cash on cash: 3.82% Airbnb Rental Income: $478 Traditional Rental Income: $1723 Airbnb ROI: -1.82% Traditional ROI: 3.82%
360 Devonshire Dr #32 Lapeer, MI Welcome to Devonshire Place a beautifully designed single-family condominium community per...	2 beds \| 2 baths \| 1,527 sq.ft.	$349,900	Airbnb cash on cash: -1.5% Traditional cash on cash: 5.42% Airbnb Rental Income: $478 Traditional Rental Income: $2483 Airbnb ROI: -1.5% Traditional ROI: 5.42%
6 Law St Lapeer, MI Charming one-bedroom home in Lapeer set on a corner lot with convenient off-street parking...	1 beds \| 1 baths \| 922 sq.ft.	$124,900	Airbnb cash on cash: 0.48% Traditional cash on cash: 9.54% Airbnb Rental Income: $627 Traditional Rental Income: $1424 Airbnb ROI: 0.48% Traditional ROI: 9.54%
825 N Main St Lapeer, MI Spacious two-story colonial in Lapeer offering a great mix of character, updates, and room...	3 beds \| 2 baths \| 1,500 sq.ft.	$249,900	Airbnb cash on cash: -1.78% Traditional cash on cash: 7% Airbnb Rental Income: $292 Traditional Rental Income: $2126 Airbnb ROI: -1.78% Traditional ROI: 7%
230 E Oregon St Lapeer, MI Well-maintained 2-bedroom, 2 full bath home in the heart of Lapeer offering the perfect co...	2 beds \| 2 baths \| 1,064 sq.ft.	$199,900	Airbnb cash on cash: -1.41% Traditional cash on cash: 6.29% Airbnb Rental Income: $478 Traditional Rental Income: $1671 Airbnb ROI: -1.41% Traditional ROI: 6.29%
1591 Baldwin Rd Lapeer, MI Welcome to Lapeer! If you're looking for quiet tranquility, look no further! This 4 bedroo...	4 beds \| 4 baths \| 3,192 sq.ft.	$529,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.14% Airbnb Rental Income: $null Traditional Rental Income: $4379 Airbnb ROI: N/A Traditional ROI: 7.14%
2230 Stonesthrow Dr Lapeer, MI Welcome to 2230 Stonesthrow Drive. This charming quad-level home is located in a peaceful ...	3 beds \| 1 baths \| 1,200 sq.ft.	$239,900	Airbnb cash on cash: -1.63% Traditional cash on cash: 5.33% Airbnb Rental Income: $292 Traditional Rental Income: $1634 Airbnb ROI: -1.63% Traditional ROI: 5.33%
300 Georgia Dr Lapeer, MI 300 Georgia Dr, Lapeer, MI 48446 \| Single Family Residential	4 beds \| 1 baths \| 1,067 sq.ft.	$139,999	Airbnb cash on cash: -0.93% Traditional cash on cash: 2.48% Airbnb Rental Income: $627 Traditional Rental Income: $855 Airbnb ROI: -0.93% Traditional ROI: 2.48%
5164 Pinecone Dr Lapeer, MI 5164 Pinecone Dr, Lapeer, MI 48446 \| Single Family Residential	4 beds \| 3 baths \| 1,600 sq.ft.	$302,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.65% Airbnb Rental Income: $null Traditional Rental Income: $2133 Airbnb ROI: N/A Traditional ROI: 4.65%
2219 Gray Rd Lapeer, MI ///Call for offers/// Please submit your highest and best offer by 5/6 at 8pm. Sunset view...	2 beds \| 1 baths \| 880 sq.ft.	$169,900	Airbnb cash on cash: -0.69% Traditional cash on cash: 6% Airbnb Rental Income: $478 Traditional Rental Income: $1292 Airbnb ROI: -0.69% Traditional ROI: 6%
2128 Greenwood Rd Lapeer, MI 2128 Greenwood Rd, Lapeer, MI 48446 \| Single Family Residential	4 beds \| 1 baths \| 1,656 sq.ft.	$269,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.05% Airbnb Rental Income: $null Traditional Rental Income: $1510 Airbnb ROI: N/A Traditional ROI: 3.05%
4375 Skinner Lake Rd Lapeer, MI Great opportunity on this log sided four bedroom home on Skinner Lake. This home was origi...	4 beds \| 2 baths \| 2,393 sq.ft.	$424,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.21% Airbnb Rental Income: $null Traditional Rental Income: $2788 Airbnb ROI: N/A Traditional ROI: 5.21%
1939 Manchester Dr Lapeer, MI 1939 Manchester Dr, Lapeer, MI 48446 \| Single Family Residential	3 beds \| 2 baths \| 1,300 sq.ft.	$298,000	Airbnb cash on cash: -2.66% Traditional cash on cash: 3.84% Airbnb Rental Income: $292 Traditional Rental Income: $1877 Airbnb ROI: -2.66% Traditional ROI: 3.84%
VL Peppermill Rd Lapeer, MI VL Peppermill Rd, Lapeer, MI 48446 \| Other	N/A beds \| N/A baths \| N/A	$139,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.57% Airbnb Rental Income: $null Traditional Rental Income: $640 Airbnb ROI: N/A Traditional ROI: 1.57%
00 Woodbridge Park Ave Lapeer, MI 00 Woodbridge Park Ave, Lapeer, MI 48446 \| Other	N/A beds \| N/A baths \| N/A	$399,900	Airbnb cash on cash: N/A Traditional cash on cash: -1.07% Airbnb Rental Income: $null Traditional Rental Income: $640 Airbnb ROI: N/A Traditional ROI: -1.07%
1938 Mayfield Rd Lapeer, MI Escape to the lifestyle you've been dreaming of with this stunning 11.5-acre country retre...	4 beds \| 2 baths \| 2,728 sq.ft.	$475,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.98% Airbnb Rental Income: $null Traditional Rental Income: $3294 Airbnb ROI: N/A Traditional ROI: 5.98%
281 Devonshire Drive Lapeer, MI Remarks: Award winning Clearview Homes just broke ground on this single-family luxury ranc...	2 beds \| 2 baths \| 1,527 sq.ft.	$359,900	Airbnb cash on cash: -1.44% Traditional cash on cash: 5.29% Airbnb Rental Income: $478 Traditional Rental Income: $2485 Airbnb ROI: -1.44% Traditional ROI: 5.29%
1111 W Park Street Lapeer, MI Absolutely charming 4-5 bedroom home nestled on a beautiful double, tree-lined lot! This h...	5 beds \| 2 baths \| 1,682 sq.ft.	$209,900	Airbnb cash on cash: 6.37% Traditional cash on cash: 11.09% Airbnb Rental Income: $2280 Traditional Rental Income: $2651 Airbnb ROI: 6.37% Traditional ROI: 11.09%
303 Devonshire Drive #7 Lapeer, MI Live the lifestyle you deserve-New Golf Course Condos at Rolling Hills Golf Course in Lape...	2 beds \| 2 baths \| 1,527 sq.ft.	$359,900	Airbnb cash on cash: -1.49% Traditional cash on cash: 5.2% Airbnb Rental Income: $478 Traditional Rental Income: $2469 Airbnb ROI: -1.49% Traditional ROI: 5.2%
51 Mill Creek Avenue Lapeer, MI BEAUTIFUL RANCH HOME IN DESIRABLE ANDREW RIVER ESTATES. ENTER TO HUGE GREAT ROOM WITH SOAR...	3 beds \| 1 baths \| 1,478 sq.ft.	$269,000	Airbnb cash on cash: -2.46% Traditional cash on cash: 4.04% Airbnb Rental Income: $292 Traditional Rental Income: $1704 Airbnb ROI: -2.46% Traditional ROI: 4.04%
527 Turrill Avenue Lapeer, MI Totally remodeled home in the city of Lapeer featuring a brand new kitchen, fresh paint, a...	2 beds \| 1 baths \| 800 sq.ft.	$149,500	Airbnb cash on cash: -1.11% Traditional cash on cash: 6.91% Airbnb Rental Income: $478 Traditional Rental Income: $1356 Airbnb ROI: -1.11% Traditional ROI: 6.91%
2180 Landmark Drive Lapeer, MI Welcome to this beautifully updated ranch-style home offering the perfect blend of charm, ...	4 beds \| 2 baths \| 1,300 sq.ft.	$325,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.36% Airbnb Rental Income: $null Traditional Rental Income: $2567 Airbnb ROI: N/A Traditional ROI: 6.36%
2201 Village W Drive S Lapeer, MI Welcome to Lapeer! This beautifully maintained 3 bedroom, 2.5 bath condo has everything yo...	3 beds \| 3 baths \| 1,718 sq.ft.	$149,900	Airbnb cash on cash: -4.33% Traditional cash on cash: 11.78% Airbnb Rental Income: $292 Traditional Rental Income: $2365 Airbnb ROI: -4.33% Traditional ROI: 11.78%

Real Estate investment in Lapeer, MI

There are 94 properties for sale in the city of Lapeer . The median list price in Lapeer is $269,900 and the average price per square foot is $158. In May 2026, the average monthly cash on cash return in Lapeer is 6.00%. The average monthly rental income in Lapeer is $1,995.

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

There are 94 investment properties available for sale in Lapeer.

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

The ROI for Long-Term is higher than the Short-Term in Lapeer with average rental income of $1,995.

Your search for investment property begins and ends here

Investment Property for Sale in Lapeer, MI

238 E Nepessing St

Lapeer, MI

3 beds | 2 baths | 1,300 sq.ft.

$209,900

Airbnb cash on cash: -2.01%

Traditional cash on cash: 7.68%

Airbnb Rental Income: $292

Traditional Rental Income: $1982

Airbnb ROI: -2.01%

Traditional ROI: 7.68%

4198 Mcdowell Rd

Lapeer, MI

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

$349,900

Airbnb cash on cash: -1.58%

Traditional cash on cash: 5.05%

Airbnb Rental Income: $292

Traditional Rental Income: $2235

Airbnb ROI: -1.58%

Traditional ROI: 5.05%

47 Pope Street

Lapeer, MI

6 beds | 6 baths | 3,425 sq.ft.

$439,000

Airbnb cash on cash: 1.57%

Traditional cash on cash: 9.04%

Airbnb Rental Income: $2280

Traditional Rental Income: $4782

Airbnb ROI: 1.57%

Traditional ROI: 9.04%

220 W Park St

Lapeer, MI

3 beds | 2 baths | 1,621 sq.ft.

$198,000

Airbnb cash on cash: -2.24%

Traditional cash on cash: 7.97%

Airbnb Rental Income: $292

Traditional Rental Income: $1973

Airbnb ROI: -2.24%

Traditional ROI: 7.97%

4476 Merwin Rd

Lapeer, MI

3 beds | 1 baths | 1,096 sq.ft.

$520,000

Airbnb cash on cash: -1.5%

Traditional cash on cash: 1.44%

Airbnb Rental Income: $292

Traditional Rental Income: $1488

Airbnb ROI: -1.5%

Traditional ROI: 1.44%

4718 Davison Rd

Lapeer, MI

1 beds | 1 baths | 5,721 sq.ft.

$550,000

Airbnb cash on cash: -1.21%

Traditional cash on cash: 0.65%

Airbnb Rental Income: $627

Traditional Rental Income: $1289

Airbnb ROI: -1.21%

Traditional ROI: 0.65%

2681 Flint River Rd

Lapeer, MI

3 beds | 2 baths | 1,800 sq.ft.

$279,900

Airbnb cash on cash: -1.67%

Traditional cash on cash: 8.47%

Airbnb Rental Income: $292

Traditional Rental Income: $2731

Airbnb ROI: -1.67%

Traditional ROI: 8.47%

2681 Hadley Rd

Lapeer, MI

5 beds | 4 baths | 6,000 sq.ft.

$2,249,000

Airbnb cash on cash: -0.68%

Traditional cash on cash: 1.07%

Airbnb Rental Income: $2280

Traditional Rental Income: $5363

Airbnb ROI: -0.68%