Real Estate Investment Properties for Sale in Luzerne, MI

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
5510 Ridge Road Luzerne, MI Welcome to a true trail rider's paradise! Ideally located with access to over 175,000 acre...	2 beds \| 2 baths \| 1,832 sq.ft.	$169,900	Airbnb cash on cash: N/A Traditional cash on cash: 11.23% Airbnb Rental Income: $null Traditional Rental Income: $2318 Airbnb ROI: N/A Traditional ROI: 11.23%
3350 Cripps Road Luzerne, MI Absolute serene paradise for the outdoor enthusiasts!! 64 acres of stunning rolling acreag...	3 beds \| 4 baths \| 3,457 sq.ft.	$890,000	Airbnb cash on cash: -1.02% Traditional cash on cash: 1.37% Airbnb Rental Income: $1025 Traditional Rental Income: $2646 Airbnb ROI: -1.02% Traditional ROI: 1.37%
1570 Ryno Road Luzerne, MI Step into the great outdoors with this rare opportunity to own a true slice of Pure Michig...	2 beds \| 1 baths \| 1,000 sq.ft.	$269,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.66% Airbnb Rental Income: $null Traditional Rental Income: $1779 Airbnb ROI: N/A Traditional ROI: 4.66%
590 Fleetwater Drive Luzerne, MI Custom Built Cabin on the Big Creek, totally remodeled in 2008. featuring knotty pine thro...	3 beds \| 2 baths \| 2,026 sq.ft.	$499,900	Airbnb cash on cash: -1.3% Traditional cash on cash: 3.59% Airbnb Rental Income: $1025 Traditional Rental Income: $2953 Airbnb ROI: -1.3% Traditional ROI: 3.59%
3591 Comstock Road Luzerne, MI OFF THE GRID 10 ACRES BORDERS FEDERAL LAND. This off the grid chalet cabin is the place to...	1 beds \| 1 baths \| 630 sq.ft.	$139,900	Airbnb cash on cash: -2.41% Traditional cash on cash: 8.85% Airbnb Rental Income: $280 Traditional Rental Income: $1555 Airbnb ROI: -2.41% Traditional ROI: 8.85%
Parcel 1 Thundermug Rd Luzerne, MI Parcel 1 Thundermug Rd, Luzerne, MI 49738 \| Other	N/A beds \| N/A baths \| N/A	$595,000	Airbnb cash on cash: -2.98% Traditional cash on cash: -1.29% Airbnb Rental Income: $39 Traditional Rental Income: $780 Airbnb ROI: -2.98% Traditional ROI: -1.29%
Parcel 1 Sawmill Trl Luzerne, MI Parcel 1 Sawmill Trl, Luzerne, MI 49738 \| Other	N/A beds \| N/A baths \| N/A	$335,000	Airbnb cash on cash: -3.32% Traditional cash on cash: -0.3% Airbnb Rental Income: $39 Traditional Rental Income: $793 Airbnb ROI: -3.32% Traditional ROI: -0.3%

Real Estate investment in Luzerne, MI

There are 8 properties for sale in the city of Luzerne . The median list price in Luzerne is $269,900 and the average price per square foot is $166. In June 2026, the average monthly cash on cash return in Luzerne is 4.00%. The average monthly rental income in Luzerne is $1,779.

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

There are 8 investment properties available for sale in Luzerne.

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

The ROI for Long-Term is higher than the Short-Term in Luzerne with average rental income of $1,779.

Your search for investment property begins and ends here

Investment Property for Sale in Luzerne, MI

5510 Ridge Road

Luzerne, MI

2 beds | 2 baths | 1,832 sq.ft.

$169,900

Airbnb cash on cash: N/A

Traditional cash on cash: 11.23%

Airbnb Rental Income: $null

Traditional Rental Income: $2318

Airbnb ROI: N/A

Traditional ROI: 11.23%

3350 Cripps Road

Luzerne, MI

3 beds | 4 baths | 3,457 sq.ft.

$890,000

Airbnb cash on cash: -1.02%

Traditional cash on cash: 1.37%

Airbnb Rental Income: $1025

Traditional Rental Income: $2646

Airbnb ROI: -1.02%

Traditional ROI: 1.37%

1570 Ryno Road

Luzerne, MI

2 beds | 1 baths | 1,000 sq.ft.

$269,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.66%

Airbnb Rental Income: $null

Traditional Rental Income: $1779

Airbnb ROI: N/A

Traditional ROI: 4.66%

590 Fleetwater Drive

Luzerne, MI

3 beds | 2 baths | 2,026 sq.ft.

$499,900

Airbnb cash on cash: -1.3%

Traditional cash on cash: 3.59%

Airbnb Rental Income: $1025

Traditional Rental Income: $2953

Airbnb ROI: -1.3%

Traditional ROI: 3.59%

3591 Comstock Road

Luzerne, MI

1 beds | 1 baths | 630 sq.ft.

$139,900

Airbnb cash on cash: -2.41%

Traditional cash on cash: 8.85%

Airbnb Rental Income: $280

Traditional Rental Income: $1555

Airbnb ROI: -2.41%

Traditional ROI: 8.85%

Parcel 1 Thundermug Rd

Luzerne, MI

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

$595,000

Airbnb cash on cash: -2.98%

Traditional cash on cash: -1.29%

Airbnb Rental Income: $39

Traditional Rental Income: $780

Airbnb ROI: -2.98%

Traditional ROI: -1.29%

Parcel 1 Sawmill Trl

Luzerne, MI

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

$335,000

Airbnb cash on cash: -3.32%

Traditional cash on cash: -0.3%

Airbnb Rental Income: $39

Traditional Rental Income: $793

Airbnb ROI: -3.32%

Traditional ROI: -0.3%

Real Estate investment in Luzerne, MI

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

How many investment properties are available for sale in Luzerne?

Which neighborhoods in Luzerne to invest in 2026?

Long-Term vs. Short-Term Rentals in Luzerne, Michigan: Which will earn the best returns?

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