Real Estate Investment Properties for Sale in Ludington, MI

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
105 W Danaher St #201 Ludington, MI MOTIVATED SELLER! Discover a rare versatile investment opportunity at Harbor Terrace, wher...	3 beds \| 2 baths \| 1,940 sq.ft.	$599,000	Airbnb cash on cash: -0.85% Traditional cash on cash: 1.39% Airbnb Rental Income: $2226 Traditional Rental Income: $2917 Airbnb ROI: -0.85% Traditional ROI: 1.39%
4771 S Lakeshore Dr Ludington, MI Discover the rare opportunity to own nearly 2 acres with 165 feet of private Lake Michigan...	5 beds \| 2 baths \| 1,572 sq.ft.	$545,000	Airbnb cash on cash: 1.91% Traditional cash on cash: 3.47% Airbnb Rental Income: $2830 Traditional Rental Income: $2962 Airbnb ROI: 1.91% Traditional ROI: 3.47%
6218 N Loggers Ln Ludington, MI HAMLIN LAKE WATERFRONT RETREAT - Discover 223 feet of private frontage on Hamlin Lake with...	3 beds \| 3 baths \| 2,956 sq.ft.	$1,425,000	Airbnb cash on cash: -0.62% Traditional cash on cash: 0.41% Airbnb Rental Income: $2226 Traditional Rental Income: $3023 Airbnb ROI: -0.62% Traditional ROI: 0.41%
84 Harbor Drive Ludington, MI CROSSWINDS with BOAT SLIP & GARAGE - Welcome to your lakeside paradise at 84 Harbor Drive!...	2 beds \| 2 baths \| 1,116 sq.ft.	$450,000	Airbnb cash on cash: -0.65% Traditional cash on cash: 1.8% Airbnb Rental Income: $1340 Traditional Rental Income: $1959 Airbnb ROI: -0.65% Traditional ROI: 1.8%
719 Diana St Ludington, MI CITY OF LUDINGTON - Welcome to this charming 2-bedroom, 1-bathroom ranch home in a prime L...	2 beds \| 1 baths \| 906 sq.ft.	$239,000	Airbnb cash on cash: 1.21% Traditional cash on cash: 2.35% Airbnb Rental Income: $1340 Traditional Rental Income: $1185 Airbnb ROI: 1.21% Traditional ROI: 2.35%
6292 Grace Ave Ludington, MI Nestled on the serene shores of Indian Pete Bayou on Hamlin Lake, this exceptional custom ...	2 beds \| 1 baths \| 1,020 sq.ft.	$850,000	Airbnb cash on cash: -0.26% Traditional cash on cash: 0.74% Airbnb Rental Income: $1340 Traditional Rental Income: $1722 Airbnb ROI: -0.26% Traditional ROI: 0.74%
300 S Rath Ave #5 Ludington, MI WONDERFUL VIEWS!!! This +2400 sqft 4 Bed, 4 bath, two-story corner condo unit at Ludington...	4 beds \| 4 baths \| 2,412 sq.ft.	$799,900	Airbnb cash on cash: -1.57% Traditional cash on cash: 1.61% Airbnb Rental Income: $1638 Traditional Rental Income: $3697 Airbnb ROI: -1.57% Traditional ROI: 1.61%
1824 S Pere Marquette Hwy Ludington, MI This beautiful property is located just Five minutes from downtown Ludington, A Custom Hom...	4 beds \| 3 baths \| 2,938 sq.ft.	$619,000	Airbnb cash on cash: -0.41% Traditional cash on cash: 2.92% Airbnb Rental Income: $1638 Traditional Rental Income: $3192 Airbnb ROI: -0.41% Traditional ROI: 2.92%
811 N Washington Ave Ludington, MI This 3 bedroom, 2 bath home just a little over a mile from the beach and downtown Ludingto...	3 beds \| 2 baths \| 1,362 sq.ft.	$250,000	Airbnb cash on cash: 4.57% Traditional cash on cash: 5.88% Airbnb Rental Income: $2226 Traditional Rental Income: $1977 Airbnb ROI: 4.57% Traditional ROI: 5.88%
1072 N Brookridge Rd Ludington, MI Welcome to 1072 N. Brookridge Road, where exceptional energy efficiency meets a fantastic ...	2 beds \| 1 baths \| 1,161 sq.ft.	$352,000	Airbnb cash on cash: 0.83% Traditional cash on cash: 3.84% Airbnb Rental Income: $1340 Traditional Rental Income: $1922 Airbnb ROI: 0.83% Traditional ROI: 3.84%
1579 N Marilyn Dr Ludington, MI In one of Ludington's most desirable neighborhoods - recognized by it's wrap around covere...	3 beds \| 2 baths \| 3,542 sq.ft.	$585,000	Airbnb cash on cash: 0.7% Traditional cash on cash: 1.91% Airbnb Rental Income: $2226 Traditional Rental Income: $2326 Airbnb ROI: 0.7% Traditional ROI: 1.91%
6149 N Loggers Ln Ludington, MI SUMMERTIME RETREAT!!! This charming 1 bedroom, 1 bath cottage, tucked nicely into Birch Ba...	1 beds \| 1 baths \| 520 sq.ft.	$750,000	Airbnb cash on cash: -0.63% Traditional cash on cash: 0.07% Airbnb Rental Income: $944 Traditional Rental Income: $1086 Airbnb ROI: -0.63% Traditional ROI: 0.07%
406 N Rowe Street Ludington, MI This lovely 4 bedroom, 2 full bath brick home was completely renovated in 2015! New roof, ...	4 beds \| 2 baths \| 2,464 sq.ft.	$340,000	Airbnb cash on cash: 1.23% Traditional cash on cash: 3.41% Airbnb Rental Income: $1638 Traditional Rental Income: $1872 Airbnb ROI: 1.23% Traditional ROI: 3.41%
6707 W Decker Road Ludington, MI Welcome to this charming 3-bedroom, 1.5-bath home situated on a beautiful 1-acre property ...	3 beds \| 2 baths \| 1,569 sq.ft.	$251,100	Airbnb cash on cash: 4.67% Traditional cash on cash: 5.01% Airbnb Rental Income: $2226 Traditional Rental Income: $1748 Airbnb ROI: 4.67% Traditional ROI: 5.01%
612 E Melendy St Ludington, MI Location, Location, Location! This home is located within a short distance to the restaura...	4 beds \| 2 baths \| 1,329 sq.ft.	$263,000	Airbnb cash on cash: 2.2% Traditional cash on cash: 4.78% Airbnb Rental Income: $1638 Traditional Rental Income: $1818 Airbnb ROI: 2.2% Traditional ROI: 4.78%
4919 North Victory Corner Road Ludington, MI Craft Your Dream on 37 Acres: Farmhouse & Potential Pond! Yearn for wide-open spaces? This...	3 beds \| 1 baths \| 2,450 sq.ft.	$369,000	Airbnb cash on cash: 2.02% Traditional cash on cash: 2.39% Airbnb Rental Income: $2226 Traditional Rental Income: $1796 Airbnb ROI: 2.02% Traditional ROI: 2.39%
543 N Dennis Rd Ludington, MI This 2 bedroom one bath with an attached garage.The home is accessible. Close to town and ...	2 beds \| 1 baths \| 950 sq.ft.	$165,000	Airbnb cash on cash: 3.59% Traditional cash on cash: 6.92% Airbnb Rental Income: $1340 Traditional Rental Income: $1452 Airbnb ROI: 3.59% Traditional ROI: 6.92%
319 N Rowe St Ludington, MI CITY OF LUDINGTON - This recently renovated property features a versatile layout, starting...	3 beds \| 3 baths \| 1,404 sq.ft.	$350,000	Airbnb cash on cash: 3.2% Traditional cash on cash: 5.12% Airbnb Rental Income: $2226 Traditional Rental Income: $2297 Airbnb ROI: 3.2% Traditional ROI: 5.12%
208 S Washington Ave Ludington, MI Well maintained 2 One bedroom units. Large unit on the main floor features a spacious livi...	2 beds \| N/A baths \| N/A	$194,900	Airbnb cash on cash: 2.33% Traditional cash on cash: 5.85% Airbnb Rental Income: $1340 Traditional Rental Income: $1581 Airbnb ROI: 2.33% Traditional ROI: 5.85%
302 First St Ludington, MI BRING YOUR IMAGINATION!!! This vintage 1660 sqft, 4 bed, 1 bath, two-story home has loads ...	4 beds \| 1 baths \| 1,660 sq.ft.	$130,000	Airbnb cash on cash: 6.02% Traditional cash on cash: 11.05% Airbnb Rental Income: $1638 Traditional Rental Income: $1806 Airbnb ROI: 6.02% Traditional ROI: 11.05%
6253 Loggers Ln Ludington, MI Discover one of the most extraordinary offerings to ever come on the market...a private pe...	3 beds \| 1 baths \| 1,365 sq.ft.	$1,170,000	Airbnb cash on cash: 0.08% Traditional cash on cash: 0.63% Airbnb Rental Income: $2226 Traditional Rental Income: $2265 Airbnb ROI: 0.08% Traditional ROI: 0.63%
602 Fifth St Ludington, MI Looking for a multi-generational home where you can share expenses yet still have your own...	4 beds \| 2 baths \| 2,072 sq.ft.	$250,000	Airbnb cash on cash: 2.81% Traditional cash on cash: 8.57% Airbnb Rental Income: $1638 Traditional Rental Income: $2537 Airbnb ROI: 2.81% Traditional ROI: 8.57%
210 N Lavinia St Ludington, MI Investment opportunity - Discover this charming and spacious home nestled on a generous do...	6 beds \| N/A baths \| 4,944 sq.ft.	$450,000	Airbnb cash on cash: 2.86% Traditional cash on cash: 1.68% Airbnb Rental Income: $2830 Traditional Rental Income: $1671 Airbnb ROI: 2.86% Traditional ROI: 1.68%
109 W Melendy St Ludington, MI Beautiful water views of Pere Marquette Lake and channel out to Lake Michigan. Walking dis...	5 beds \| 4 baths \| 2,469 sq.ft.	$499,000	Airbnb cash on cash: 1.92% Traditional cash on cash: 4.24% Airbnb Rental Income: $2830 Traditional Rental Income: $3252 Airbnb ROI: 1.92% Traditional ROI: 4.24%
305 N Robert Street Ludington, MI Welcome to 305 N Robert Street, a beautifully updated 3-bedroom, 2.5 -bath home just six b...	3 beds \| 3 baths \| 1,711 sq.ft.	$359,900	Airbnb cash on cash: 2.2% Traditional cash on cash: 3.19% Airbnb Rental Income: $2226 Traditional Rental Income: $2000 Airbnb ROI: 2.2% Traditional ROI: 3.19%
6774 Mears Rd Ludington, MI Welcome to one of Hamlin Lake's most impressive custom built waterfront homes.This 2019 ma...	5 beds \| 4 baths \| 5,140 sq.ft.	$995,000	Airbnb cash on cash: 0.53% Traditional cash on cash: 3.01% Airbnb Rental Income: $2830 Traditional Rental Income: $4579 Airbnb ROI: 0.53% Traditional ROI: 3.01%
311 N Lavinia Street Ludington, MI Ludington 3-bedroom 1 bath Completely remodeled, 1+stall garage, porch, new roof, electric...	3 beds \| 1 baths \| 1,104 sq.ft.	$239,900	Airbnb cash on cash: 5.24% Traditional cash on cash: 4.88% Airbnb Rental Income: $2226 Traditional Rental Income: $1586 Airbnb ROI: 5.24% Traditional ROI: 4.88%
413 N Rath Ave Ludington, MI This Downtown Ludington home radiates 4-Seasons enjoyment! Old world craftsmanship and hig...	3 beds \| 2 baths \| 1,510 sq.ft.	$374,900	Airbnb cash on cash: 2.39% Traditional cash on cash: 3.25% Airbnb Rental Income: $2226 Traditional Rental Income: $1970 Airbnb ROI: 2.39% Traditional ROI: 3.25%
604 E Filer St Ludington, MI This property has great potential, great income Renters have lived at property for many ye...	3 beds \| 3 baths \| 1,577 sq.ft.	$199,900	Airbnb cash on cash: 5.28% Traditional cash on cash: 6.38% Airbnb Rental Income: $2226 Traditional Rental Income: $1876 Airbnb ROI: 5.28% Traditional ROI: 6.38%
709 New William St Ludington, MI CITY OF LUDINGTON - This spacious 5-bedroom, 2-bath home is just six blocks from the sugar...	5 beds \| 2 baths \| 2,087 sq.ft.	$295,000	Airbnb cash on cash: 5.16% Traditional cash on cash: 6.81% Airbnb Rental Income: $2830 Traditional Rental Income: $2627 Airbnb ROI: 5.16% Traditional ROI: 6.81%
802 N Emily St Ludington, MI CITY OF LUDINGTON - Charming and full of character, this well-maintained 3-bedroom home si...	3 beds \| 1 baths \| 1,746 sq.ft.	$299,000	Airbnb cash on cash: 3.72% Traditional cash on cash: 6.04% Airbnb Rental Income: $2226 Traditional Rental Income: $2319 Airbnb ROI: 3.72% Traditional ROI: 6.04%

Real Estate investment in Ludington, MI

There are 115 properties for sale in the city of Ludington . The median list price in Ludington is $263,842 and the average price per square foot is $147. In July 2026, the average monthly cash on cash return in Ludington is 3.00%. The average monthly rental income in Ludington is $1,974.

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

There are 115 investment properties available for sale in Ludington.

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

The ROI for Long-Term is higher than the Short-Term in Ludington with average rental income of $1,974.

Your search for investment property begins and ends here

Investment Property for Sale in Ludington, MI

105 W Danaher St #201

Ludington, MI

3 beds | 2 baths | 1,940 sq.ft.

$599,000

Airbnb cash on cash: -0.85%

Traditional cash on cash: 1.39%

Airbnb Rental Income: $2226

Traditional Rental Income: $2917

Airbnb ROI: -0.85%

Traditional ROI: 1.39%

4771 S Lakeshore Dr

Ludington, MI

5 beds | 2 baths | 1,572 sq.ft.

$545,000

Airbnb cash on cash: 1.91%

Traditional cash on cash: 3.47%

Airbnb Rental Income: $2830

Traditional Rental Income: $2962

Airbnb ROI: 1.91%

Traditional ROI: 3.47%

6218 N Loggers Ln

Ludington, MI

3 beds | 3 baths | 2,956 sq.ft.

$1,425,000

Airbnb cash on cash: -0.62%

Traditional cash on cash: 0.41%

Airbnb Rental Income: $2226

Traditional Rental Income: $3023

Airbnb ROI: -0.62%

Traditional ROI: 0.41%

84 Harbor Drive

Ludington, MI

2 beds | 2 baths | 1,116 sq.ft.

$450,000

Airbnb cash on cash: -0.65%

Traditional cash on cash: 1.8%

Airbnb Rental Income: $1340

Traditional Rental Income: $1959

Airbnb ROI: -0.65%

Traditional ROI: 1.8%

719 Diana St

Ludington, MI

2 beds | 1 baths | 906 sq.ft.

$239,000

Airbnb cash on cash: 1.21%

Traditional cash on cash: 2.35%

Airbnb Rental Income: $1340

Traditional Rental Income: $1185

Airbnb ROI: 1.21%

Traditional ROI: 2.35%

6292 Grace Ave

Ludington, MI

2 beds | 1 baths | 1,020 sq.ft.

$850,000

Airbnb cash on cash: -0.26%

Traditional cash on cash: 0.74%

Airbnb Rental Income: $1340

Traditional Rental Income: $1722

Airbnb ROI: -0.26%

Traditional ROI: 0.74%

300 S Rath Ave #5

Ludington, MI

4 beds | 4 baths | 2,412 sq.ft.

$799,900

Airbnb cash on cash: -1.57%

Traditional cash on cash: 1.61%

Airbnb Rental Income: $1638

Traditional Rental Income: $3697

Airbnb ROI: -1.57%

Traditional ROI: 1.61%

1824 S Pere Marquette Hwy

Ludington, MI

4 beds | 3 baths | 2,938 sq.ft.

$619,000

Airbnb cash on cash: -0.41%

Traditional cash on cash: 2.92%

Airbnb Rental Income: $1638

Traditional Rental Income: $3192

Airbnb ROI: -0.41%