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
0 Golf Road (Parcel H) Lapeer, MI 0 Golf Road (parcel H), Davison, MI 48423 \| Other	N/A beds \| N/A baths \| N/A	$129,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.88% Airbnb Rental Income: $null Traditional Rental Income: $641 Airbnb ROI: N/A Traditional ROI: 1.88%
2700 Reed Rd Lapeer, MI Beautiful 2016 built ranch situated on over 1/2 acre with fenced back yard. Welcome home t...	4 beds \| 2 baths \| 2,828 sq.ft.	$389,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.01% Airbnb Rental Income: $null Traditional Rental Income: $2695 Airbnb ROI: N/A Traditional ROI: 6.01%
2551 Marathon Rd Lapeer, MI Welcome home to this adorable ranch nestled on 2.5 meticulously maintained acres located a...	3 beds \| 3 baths \| 3,252 sq.ft.	$469,900	Airbnb cash on cash: -1.55% Traditional cash on cash: 3.59% Airbnb Rental Income: $432 Traditional Rental Income: $2433 Airbnb ROI: -1.55% Traditional ROI: 3.59%
1392 Maple Grove Rd Lapeer, MI Lakefront income opportunity? Family compound? Incredibly unique FULLY UPDATED property co...	13 beds \| 8 baths \| 6,216 sq.ft.	$599,000	Airbnb cash on cash: 0.14% Traditional cash on cash: 4.47% Airbnb Rental Income: $1926 Traditional Rental Income: $3841 Airbnb ROI: 0.14% Traditional ROI: 4.47%
5388 Davison Rd Lapeer, MI Lapeer Schools. This 3 bedroom, 1.5 bath home has coved ceilings, hardwood floors, built i...	3 beds \| 1 baths \| 1,600 sq.ft.	$239,900	Airbnb cash on cash: -2.23% Traditional cash on cash: 6.63% Airbnb Rental Income: $432 Traditional Rental Income: $2181 Airbnb ROI: -2.23% Traditional ROI: 6.63%
2131 Carriage Hill Circle Lapeer, MI MOTIVATED SELLER! Well-maintained 2-bedroom, 2-bath upper-level condo, built in 2006. Move...	2 beds \| 2 baths \| 1,300 sq.ft.	$199,907	Airbnb cash on cash: -0.13% Traditional cash on cash: 6.79% Airbnb Rental Income: $990 Traditional Rental Income: $1950 Airbnb ROI: -0.13% Traditional ROI: 6.79%
118 Daley Rd Lapeer, MI Cute 2 bedroom home in the heart of Lapeer. This well kept home sits on over an acre and a...	2 beds \| 1 baths \| 1,772 sq.ft.	$205,000	Airbnb cash on cash: 1.27% Traditional cash on cash: 6.65% Airbnb Rental Income: $990 Traditional Rental Income: $1683 Airbnb ROI: 1.27% Traditional ROI: 6.65%
1661 Madeline Dr Lapeer, MI THIS WILL NOT LAST! Everything you can ask for in a future home, this gem is sitting on on...	3 beds \| 3 baths \| 2,173 sq.ft.	$389,900	Airbnb cash on cash: -1.88% Traditional cash on cash: 4.57% Airbnb Rental Income: $432 Traditional Rental Income: $2530 Airbnb ROI: -1.88% Traditional ROI: 4.57%
561 S Elba Rd Lapeer, MI Gorgeous Custom-built Split Level home!!! This beautiful home features; Open floor plan, ...	3 beds \| 2 baths \| 2,220 sq.ft.	$325,000	Airbnb cash on cash: -1.54% Traditional cash on cash: 5.93% Airbnb Rental Income: $432 Traditional Rental Income: $2455 Airbnb ROI: -1.54% Traditional ROI: 5.93%
2543 Henry Rd Lapeer, MI All Sports Lake Access! Do not miss out on this opportunity for this hidden gem! This lake...	2 beds \| 1 baths \| 700 sq.ft.	$205,000	Airbnb cash on cash: 1% Traditional cash on cash: 3.24% Airbnb Rental Income: $990 Traditional Rental Income: $1073 Airbnb ROI: 1% Traditional ROI: 3.24%
47 Pope Street Lapeer, MI Recent Price Improvement!!! 6 Unit Multi-Family Investment Property - Near Downtown Lapeer...	6 beds \| 6 baths \| 3,425 sq.ft.	$428,000	Airbnb cash on cash: 0.9% Traditional cash on cash: 9.29% Airbnb Rental Income: $1926 Traditional Rental Income: $4782 Airbnb ROI: 0.9% Traditional ROI: 9.29%
1380 Pratt Dr Lapeer, MI Lake Nepessing Contemporary with Sauna & Private 70 ft of Dock. Stunning five+ bedroom, s...	5 beds \| 6 baths \| 3,825 sq.ft.	$550,000	Airbnb cash on cash: -0.3% Traditional cash on cash: 7.19% Airbnb Rental Income: $1926 Traditional Rental Income: $5263 Airbnb ROI: -0.3% Traditional ROI: 7.19%
3931 S Shore Dr Lapeer, MI Don't miss this rare opportunity to own 6 acres of direct lake frontage on beautiful Lake ...	2 beds \| 1 baths \| 900 sq.ft.	$464,900	Airbnb cash on cash: -0.02% Traditional cash on cash: 1.91% Airbnb Rental Income: $990 Traditional Rental Income: $1477 Airbnb ROI: -0.02% Traditional ROI: 1.91%
1205 Lancaster St Lapeer, MI Why wait to build when this stunning 2023-built, 4-bedroom, 2.5-bath home is move-in ready...	4 beds \| 2 baths \| 1,900 sq.ft.	$359,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.4% Airbnb Rental Income: $null Traditional Rental Income: $3039 Airbnb ROI: N/A Traditional ROI: 6.4%
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: 0.86% Traditional cash on cash: 7.97% Airbnb Rental Income: $990 Traditional Rental Income: $1973 Airbnb ROI: 0.86% Traditional ROI: 7.97%
1227 N Jackson St Lapeer, MI POLE BARN IN THE CITY -- Rare oversized double-lot includes a large Pole Barn making it pe...	3 beds \| 1 baths \| 1,600 sq.ft.	$339,900	Airbnb cash on cash: -1.54% Traditional cash on cash: 4.95% Airbnb Rental Income: $432 Traditional Rental Income: $2244 Airbnb ROI: -1.54% Traditional ROI: 4.95%
1190 Olander Dr Lapeer, MI 1190 Olander Dr, Lapeer, MI 48446 \| Single Family Residential	4 beds \| 1 baths \| 2,888 sq.ft.	$290,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.54% Airbnb Rental Income: $null Traditional Rental Income: $2206 Airbnb ROI: N/A Traditional ROI: 4.54%
339 N Main St Lapeer, MI 339 N Main St, Lapeer, MI 48446 \| Single Family Residential	6 beds \| 3 baths \| 3,256 sq.ft.	$284,500	Airbnb cash on cash: 2.42% Traditional cash on cash: 6.6% Airbnb Rental Income: $1926 Traditional Rental Income: $2538 Airbnb ROI: 2.42% Traditional ROI: 6.6%
4718 Davison Rd Lapeer, MI	1 beds \| 1 baths \| 5,721 sq.ft.	$550,000	Airbnb cash on cash: -1.34% Traditional cash on cash: 0.65% Airbnb Rental Income: $547 Traditional Rental Income: $1289 Airbnb ROI: -1.34% Traditional ROI: 0.65%
3297 Reamer Rd Lapeer, MI 3297 Reamer Rd, Lapeer, MI 48446 \| Single Family Residential	N/A beds \| N/A baths \| 12,000 sq.ft.	$250,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.52% Airbnb Rental Income: $null Traditional Rental Income: $811 Airbnb ROI: N/A Traditional ROI: 0.52%
532 Fox St Lapeer, MI 532 Fox St, Lapeer, MI 48446 \| Single Family Residential	4 beds \| 1 baths \| 1,344 sq.ft.	$189,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.52% Airbnb Rental Income: $null Traditional Rental Income: $1363 Airbnb ROI: N/A Traditional ROI: 4.52%
1470 Lincoln St Lapeer, MI 1470 Lincoln St, Lapeer, MI 48446 \| Condo/Coop	2 beds \| 2 baths \| 1,298 sq.ft.	$309,900	Airbnb cash on cash: -1.48% Traditional cash on cash: 3.53% Airbnb Rental Income: $990 Traditional Rental Income: $2098 Airbnb ROI: -1.48% Traditional ROI: 3.53%
1468 Lincoln St Lapeer, MI 1468 Lincoln St, Lapeer, MI 48446 \| Condo/Coop	2 beds \| 2 baths \| 1,432 sq.ft.	$304,900	Airbnb cash on cash: -1.46% Traditional cash on cash: 4.05% Airbnb Rental Income: $990 Traditional Rental Income: $2216 Airbnb ROI: -1.46% Traditional ROI: 4.05%
Floor Plan A Plan Lapeer, MI	2 beds \| 2 baths \| 1,298 sq.ft.	$299,400	Airbnb cash on cash: -1.44% Traditional cash on cash: 1.55% Airbnb Rental Income: $990 Traditional Rental Income: $1478 Airbnb ROI: -1.44% Traditional ROI: 1.55%
1224 S Lapeer Rd Lapeer, MI 1224 S Lapeer Rd, Lapeer, MI 48446 \| Single Family Residential	2 beds \| 1 baths \| 1,201 sq.ft.	$3,500,000	Airbnb cash on cash: -2.37% Traditional cash on cash: -2.21% Airbnb Rental Income: $990 Traditional Rental Income: $1143 Airbnb ROI: -2.37% Traditional ROI: -2.21%
Floor Plan B Plan Lapeer, MI Floor Plan B Plan, Lapeer, MI 48446 \| Condo/Coop	2 beds \| 2 baths \| 1,289 sq.ft.	$299,900	Airbnb cash on cash: -1.44% Traditional cash on cash: 1.54% Airbnb Rental Income: $990 Traditional Rental Income: $1478 Airbnb ROI: -1.44% Traditional ROI: 1.54%
Floorplan C Plan Lapeer, MI Floorplan C Plan, Lapeer, MI 48446 \| Condo/Coop	2 beds \| 2 baths \| 1,438 sq.ft.	$302,400	Airbnb cash on cash: -1.45% Traditional cash on cash: 1.99% Airbnb Rental Income: $990 Traditional Rental Income: $1616 Airbnb ROI: -1.45% Traditional ROI: 1.99%
Floorplan D Plan Lapeer, MI Floorplan D Plan, Lapeer, MI 48446 \| Condo/Coop	2 beds \| 2 baths \| 1,432 sq.ft.	$304,900	Airbnb cash on cash: -1.46% Traditional cash on cash: 1.95% Airbnb Rental Income: $990 Traditional Rental Income: $1616 Airbnb ROI: -1.46% Traditional ROI: 1.95%
1208 S Lapeer Rd Lapeer, MI 1208 S Lapeer Rd, Lapeer, MI 48446 \| Single Family Residential	2 beds \| 1 baths \| 1,350 sq.ft.	$3,500,000	Airbnb cash on cash: -2.37% Traditional cash on cash: -2.2% Airbnb Rental Income: $990 Traditional Rental Income: $1186 Airbnb ROI: -2.37% Traditional ROI: -2.2%
1023 Turrill Rd Lapeer, MI 1023 Turrill Rd, Lapeer, MI 48446 \| Single Family Residential	3 beds \| 1 baths \| 1,237 sq.ft.	$3,500,000	Airbnb cash on cash: -2.51% Traditional cash on cash: -2.15% Airbnb Rental Income: $432 Traditional Rental Income: $1353 Airbnb ROI: -2.51% Traditional ROI: -2.15%
1214 S Lapeer Rd Lapeer, MI 1214 S Lapeer Rd, Lapeer, MI 48446 \| Single Family Residential	2 beds \| 1 baths \| 1,653 sq.ft.	$3,500,000	Airbnb cash on cash: -2.37% Traditional cash on cash: -2.2% Airbnb Rental Income: $990 Traditional Rental Income: $1165 Airbnb ROI: -2.37% Traditional ROI: -2.2%
00 N Saginaw St Lapeer, MI 00 N Saginaw St, Lapeer, MI 48446 \| Other	N/A beds \| N/A baths \| N/A	$375,000	Airbnb cash on cash: N/A Traditional cash on cash: -1.01% Airbnb Rental Income: $null Traditional Rental Income: $626 Airbnb ROI: N/A Traditional ROI: -1.01%
#12 Sheryl Ct Lapeer, MI #12 Sheryl Ct, Mayfield, MI 48446 \| Other	N/A beds \| N/A baths \| N/A	$78,500	Airbnb cash on cash: N/A Traditional cash on cash: 4.6% Airbnb Rental Income: $null Traditional Rental Income: $641 Airbnb ROI: N/A Traditional ROI: 4.6%
3729 N Lapeer Rd Lapeer, MI 3729 N Lapeer Rd, Lapeer, MI 48446 \| Other	N/A beds \| N/A baths \| N/A	$59,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.39% Airbnb Rental Income: $null Traditional Rental Income: $626 Airbnb ROI: N/A Traditional ROI: 6.39%
3100 John Conley Dr S Lapeer, MI 3100 John Conley Dr S, Lapeer, MI 48446 \| Other	N/A beds \| N/A baths \| N/A	$101,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.93% Airbnb Rental Income: $null Traditional Rental Income: $626 Airbnb ROI: N/A Traditional ROI: 2.93%
VL Roods Lake Rd Lapeer, MI VL Roods Lake Rd, Mayfield, MI 48446 \| Other	N/A beds \| N/A baths \| 1,800 sq.ft.	$419,900	Airbnb cash on cash: N/A Traditional cash on cash: -0.25% Airbnb Rental Income: $null Traditional Rental Income: $987 Airbnb ROI: N/A Traditional ROI: -0.25%
350 N Jackson St Lapeer, MI 350 N Jackson St, Lapeer, MI 48446 \| Other	N/A beds \| N/A baths \| N/A	$249,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.18% Airbnb Rental Income: $null Traditional Rental Income: $644 Airbnb ROI: N/A Traditional ROI: -0.18%
1441 Candace Dr Lapeer, MI 1441 Candace Dr, Lapeer, MI 48446 \| Other	N/A beds \| N/A baths \| N/A	$99,999	Airbnb cash on cash: N/A Traditional cash on cash: 2.99% Airbnb Rental Income: $null Traditional Rental Income: $626 Airbnb ROI: N/A Traditional ROI: 2.99%
00 Imlay City Rd Lapeer, MI 00 Imlay City Rd, Lapeer, MI 48446 \| Other	N/A beds \| N/A baths \| N/A	$684,900	Airbnb cash on cash: N/A Traditional cash on cash: -1.69% Airbnb Rental Income: $null Traditional Rental Income: $626 Airbnb ROI: N/A Traditional ROI: -1.69%
210 N Saginaw St Lapeer, MI 210 N Saginaw St, Lapeer, MI 48446 \| Other	N/A beds \| N/A baths \| N/A	$50,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.08% Airbnb Rental Income: $null Traditional Rental Income: $630 Airbnb ROI: N/A Traditional ROI: 8.08%

Real Estate investment in Lapeer, MI

There are 111 properties for sale in the city of Lapeer . The median list price in Lapeer is $264,863 and the average price per square foot is $134. In June 2026, the average monthly cash on cash return in Lapeer is 5.00%. The average monthly rental income in Lapeer is $1,953.

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

There are 111 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 $1,953.

Your search for investment property begins and ends here

Investment Property for Sale in Lapeer, MI

0 Golf Road (Parcel H)

Lapeer, MI

N/A beds | N/A baths | N/A

$129,900

Airbnb cash on cash: N/A

Traditional cash on cash: 1.88%

Airbnb Rental Income: $null

Traditional Rental Income: $641

Airbnb ROI: N/A

Traditional ROI: 1.88%

2700 Reed Rd

Lapeer, MI

4 beds | 2 baths | 2,828 sq.ft.

$389,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.01%

Airbnb Rental Income: $null

Traditional Rental Income: $2695

Airbnb ROI: N/A

Traditional ROI: 6.01%

2551 Marathon Rd

Lapeer, MI

3 beds | 3 baths | 3,252 sq.ft.

$469,900

Airbnb cash on cash: -1.55%

Traditional cash on cash: 3.59%

Airbnb Rental Income: $432

Traditional Rental Income: $2433

Airbnb ROI: -1.55%

Traditional ROI: 3.59%

1392 Maple Grove Rd

Lapeer, MI

13 beds | 8 baths | 6,216 sq.ft.

$599,000

Airbnb cash on cash: 0.14%

Traditional cash on cash: 4.47%

Airbnb Rental Income: $1926

Traditional Rental Income: $3841

Airbnb ROI: 0.14%

Traditional ROI: 4.47%

5388 Davison Rd

Lapeer, MI

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

$239,900

Airbnb cash on cash: -2.23%

Traditional cash on cash: 6.63%

Airbnb Rental Income: $432

Traditional Rental Income: $2181

Airbnb ROI: -2.23%

Traditional ROI: 6.63%

2131 Carriage Hill Circle

Lapeer, MI

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

$199,907

Airbnb cash on cash: -0.13%

Traditional cash on cash: 6.79%

Airbnb Rental Income: $990

Traditional Rental Income: $1950

Airbnb ROI: -0.13%

Traditional ROI: 6.79%

118 Daley Rd

Lapeer, MI

2 beds | 1 baths | 1,772 sq.ft.

$205,000

Airbnb cash on cash: 1.27%

Traditional cash on cash: 6.65%

Airbnb Rental Income: $990

Traditional Rental Income: $1683

Airbnb ROI: 1.27%

Traditional ROI: 6.65%

1661 Madeline Dr

Lapeer, MI

3 beds | 3 baths | 2,173 sq.ft.

$389,900

Airbnb cash on cash: -1.88%

Traditional cash on cash: 4.57%

Airbnb Rental Income: $432

Traditional Rental Income: $2530

Airbnb ROI: -1.88%