Real Estate Investment Properties for Sale in Mancelona, MI

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

Explore a variety of short-term homes & houses in Mancelona, MI. Invest wisely with VRBO & Mancelona, MI Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Single Family Homes for Sale in Mancelona, MI

Search for Single Family Residential for Sale in Mancelona, Michigan. Browse all of Mashvisor’s Single Family Residential listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 37 Single Family Residential 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
7686 Wyndamar Drive Mancelona, MI This well-maintained 3-bedroom, 2-bath home features an open floor plan that creates a bri...	3 beds \| 2 baths \| 1,200 sq.ft.	$269,900	Airbnb cash on cash: 2.94% Traditional cash on cash: 4.47% Airbnb Rental Income: $1688 Traditional Rental Income: $1606 Airbnb ROI: 2.94% Traditional ROI: 4.47%
9149 N Twin Lake Road Mancelona, MI Attention: 4 bedroom "home away from home" or full time is ready for you! Welcome to your...	4 beds \| 2 baths \| 1,430 sq.ft.	$309,000	Airbnb cash on cash: 3.02% Traditional cash on cash: 6.17% Airbnb Rental Income: $2272 Traditional Rental Income: $2622 Airbnb ROI: 3.02% Traditional ROI: 6.17%
8610 Grassmere Court Mancelona, MI Located on a quiet cul-de-sac in Lakes of the North, this story-and-a-half home offers a c...	2 beds \| 1 baths \| 772 sq.ft.	$125,000	Airbnb cash on cash: 2.93% Traditional cash on cash: 8.94% Airbnb Rental Income: $1062 Traditional Rental Income: $1420 Airbnb ROI: 2.93% Traditional ROI: 8.94%
5635 Mystic Drive Mancelona, MI CEDAR RIVER DISTINCTIVE CRAFTSMAN HOME is the perfect retreat tucked away at the end of a ...	2 beds \| 2 baths \| 2,160 sq.ft.	$525,635	Airbnb cash on cash: -0.13% Traditional cash on cash: 4.23% Airbnb Rental Income: $1062 Traditional Rental Income: $2840 Airbnb ROI: -0.13% Traditional ROI: 4.23%
6609 Deepwood Drive Mancelona, MI Beautifully updated 3 bed, 2 bath ranch with attached garage. Garage has a drive through ...	3 beds \| 2 baths \| 1,281 sq.ft.	$300,000	Airbnb cash on cash: 2.34% Traditional cash on cash: 6.67% Airbnb Rental Income: $1688 Traditional Rental Income: $2441 Airbnb ROI: 2.34% Traditional ROI: 6.67%
8768 Sunset Trail, NE Mancelona, MI Beautiful Starvation Lake â where the livinâ is easy and Northern Michigan memories ar...	3 beds \| 3 baths \| 3,807 sq.ft.	$1,100,000	Airbnb cash on cash: -1.43% Traditional cash on cash: 0.54% Airbnb Rental Income: $1688 Traditional Rental Income: $3232 Airbnb ROI: -1.43% Traditional ROI: 0.54%
603 Jefferson Street Mancelona, MI This completely remodeled three-bedroom, one-bath ranch in the village of Mancelona featur...	3 beds \| 1 baths \| 1,034 sq.ft.	$349,000	Airbnb cash on cash: 1.76% Traditional cash on cash: 1.6% Airbnb Rental Income: $1688 Traditional Rental Income: $1166 Airbnb ROI: 1.76% Traditional ROI: 1.6%
11903 Partridge Lane Mancelona, MI Want a place to get away from it all? Look no further! With 5 acres and an updated cabin r...	2 beds \| 1 baths \| 700 sq.ft.	$130,000	Airbnb cash on cash: 2.32% Traditional cash on cash: 5.59% Airbnb Rental Income: $1062 Traditional Rental Income: $1105 Airbnb ROI: 2.32% Traditional ROI: 5.59%
6075 Cedar River Road Mancelona, MI 430 feet of Cedar River frontage, towering cedar trees, and 1.92 acres of Northern Michiga...	4 beds \| 2 baths \| 2,600 sq.ft.	$440,000	Airbnb cash on cash: 2.43% Traditional cash on cash: 4.67% Airbnb Rental Income: $2272 Traditional Rental Income: $2627 Airbnb ROI: 2.43% Traditional ROI: 4.67%
9500 Wilamont Circle Mancelona, MI Experience Northern Michigan living in this unique modern shipping container home, built i...	3 beds \| 2 baths \| 960 sq.ft.	$450,000	Airbnb cash on cash: 0.41% Traditional cash on cash: 2.68% Airbnb Rental Income: $1688 Traditional Rental Income: $2172 Airbnb ROI: 0.41% Traditional ROI: 2.68%
9966 Skytrails Circle Mancelona, MI Welcome to your Up North retreat! This charming 3-bedroom, 2-bathroom home features an ope...	3 beds \| 2 baths \| 1,200 sq.ft.	$260,000	Airbnb cash on cash: 2.91% Traditional cash on cash: 6.45% Airbnb Rental Income: $1688 Traditional Rental Income: $2086 Airbnb ROI: 2.91% Traditional ROI: 6.45%
2370 Alden Highway Mancelona, MI Private Northern Michigan dream property. Imagine acquiring two parcels comprised of 46 pl...	2 beds \| 2 baths \| 1,680 sq.ft.	$262,500	Airbnb cash on cash: 0.17% Traditional cash on cash: 7.04% Airbnb Rental Income: $1062 Traditional Rental Income: $2396 Airbnb ROI: 0.17% Traditional ROI: 7.04%
8804 Sunset Trail Road NE Mancelona, MI Welcome to beautiful Starvation Lake which is 134 acres & 0.8 mile long, spring fed sandy ...	3 beds \| 2 baths \| 1,318 sq.ft.	$549,900	Airbnb cash on cash: 0.38% Traditional cash on cash: 2.8% Airbnb Rental Income: $1688 Traditional Rental Income: $2460 Airbnb ROI: 0.38% Traditional ROI: 2.8%
6360 Little Twin Lake Road NE Mancelona, MI Welcome to 6360 Little Twin Lake Rd, a true Northern Michigan retreat for every season. En...	3 beds \| 2 baths \| 1,372 sq.ft.	$365,000	Airbnb cash on cash: 1.03% Traditional cash on cash: 4.62% Airbnb Rental Income: $1688 Traditional Rental Income: $2447 Airbnb ROI: 1.03% Traditional ROI: 4.62%
6514 Wilderness Drive Mancelona, MI Escape to your perfect Northern Michigan haven! Nestled on two spacious lots in the highly...	3 beds \| 2 baths \| 1,997 sq.ft.	$290,000	Airbnb cash on cash: 1.39% Traditional cash on cash: 6.4% Airbnb Rental Income: $1688 Traditional Rental Income: $2587 Airbnb ROI: 1.39% Traditional ROI: 6.4%
10097 Valley Park Drive Mancelona, MI 4-bedroom, 2-bath home in Lakes of the North offering comfort, space, and year-round enjoy...	4 beds \| 2 baths \| 1,073 sq.ft.	$295,000	Airbnb cash on cash: 4.5% Traditional cash on cash: 5.72% Airbnb Rental Income: $2272 Traditional Rental Income: $2042 Airbnb ROI: 4.5% Traditional ROI: 5.72%
9269 Gedman Road Mancelona, MI Welcome to the shores of Starvation Lake! This cottage is nestled on 2 parcels, on an all-...	2 beds \| 1 baths \| 792 sq.ft.	$544,400	Airbnb cash on cash: -0.4% Traditional cash on cash: 1.24% Airbnb Rental Income: $1062 Traditional Rental Income: $1533 Airbnb ROI: -0.4% Traditional ROI: 1.24%
8509 Grant Road Mancelona, MI Brand-new construction in a newly developed community in Mancelona offering affordable hom...	2 beds \| 1 baths \| 850 sq.ft.	$205,000	Airbnb cash on cash: 0.59% Traditional cash on cash: 4.46% Airbnb Rental Income: $1062 Traditional Rental Income: $1450 Airbnb ROI: 0.59% Traditional ROI: 4.46%
8505 Grant Road Mancelona, MI Brand-new construction in a newly developed community in Mancelona offering affordable hom...	2 beds \| 1 baths \| 850 sq.ft.	$205,000	Airbnb cash on cash: 0.59% Traditional cash on cash: 5.89% Airbnb Rental Income: $1062 Traditional Rental Income: $1727 Airbnb ROI: 0.59% Traditional ROI: 5.89%
8513 Grant Road Mancelona, MI Brand-new construction in a newly developed community in Mancelona offering affordable hom...	2 beds \| 1 baths \| 850 sq.ft.	$205,000	Airbnb cash on cash: 0.59% Traditional cash on cash: 6.18% Airbnb Rental Income: $1062 Traditional Rental Income: $1784 Airbnb ROI: 0.59% Traditional ROI: 6.18%
8501 Grant Road Mancelona, MI Brand-new construction in a newly developed community in Mancelona offering affordable hom...	2 beds \| 1 baths \| 850 sq.ft.	$205,000	Airbnb cash on cash: 0.59% Traditional cash on cash: 5.89% Airbnb Rental Income: $1062 Traditional Rental Income: $1727 Airbnb ROI: 0.59% Traditional ROI: 5.89%
9183 Blackhawk Drive Mancelona, MI New construction being comepleted! Enjoy the 1200 sq ft/3bed/2bath ranch style home featur...	3 beds \| 2 baths \| 1,200 sq.ft.	$274,000	Airbnb cash on cash: 1.69% Traditional cash on cash: 5.29% Airbnb Rental Income: $1688 Traditional Rental Income: $2147 Airbnb ROI: 1.69% Traditional ROI: 5.29%
5568 S 131 Highway Mancelona, MI Charming Countryside Retreat on 8 Acres â Just Northeast of Mancelona. Welcome to your o...	4 beds \| 2 baths \| 1,800 sq.ft.	$395,000	Airbnb cash on cash: 1.83% Traditional cash on cash: 4.42% Airbnb Rental Income: $2272 Traditional Rental Income: $2667 Airbnb ROI: 1.83% Traditional ROI: 4.42%
7931 NE Twin Lake Road Mancelona, MI NEW ON THE MARKET: Up north get-away, or 4 season home. Come take a look at this nice 10-a...	2 beds \| 1 baths \| 1,280 sq.ft.	$199,900	Airbnb cash on cash: 0.66% Traditional cash on cash: 5.61% Airbnb Rental Income: $1062 Traditional Rental Income: $1635 Airbnb ROI: 0.66% Traditional ROI: 5.61%
5565 Somich Trail Mancelona, MI This exquisite retreat comprises 10 blissful acres along the Cedar River, a pristine blue-...	1 beds \| N/A baths \| 256 sq.ft.	$182,000	Airbnb cash on cash: -0.17% Traditional cash on cash: 7.38% Airbnb Rental Income: $652 Traditional Rental Income: $1661 Airbnb ROI: -0.17% Traditional ROI: 7.38%
9710 S Fawn Lane Mancelona, MI Built in 2024! Tucked in 1700 feet off Starvation Lake Road! Move right in and start enjoy...	3 beds \| 2 baths \| 1,152 sq.ft.	$250,000	Airbnb cash on cash: 2.24% Traditional cash on cash: 6.89% Airbnb Rental Income: $1688 Traditional Rental Income: $2315 Airbnb ROI: 2.24% Traditional ROI: 6.89%
9710 S Fawn Lane NE Mancelona, MI Tucked in 1700 feet off Starvation Lake Road! Move right in and start enjoying this newer ...	3 beds \| 2 baths \| 1,152 sq.ft.	$250,000	Airbnb cash on cash: 2.24% Traditional cash on cash: 6.25% Airbnb Rental Income: $1688 Traditional Rental Income: $2163 Airbnb ROI: 2.24% Traditional ROI: 6.25%
6826 Little Twin Lake Road NE Mancelona, MI Enjoy peaceful boating on pristine Little Twin Lake in northern Kalkaska County. This 3-be...	3 beds \| 3 baths \| 2,562 sq.ft.	$450,000	Airbnb cash on cash: 0.86% Traditional cash on cash: 5.95% Airbnb Rental Income: $1688 Traditional Rental Income: $3362 Airbnb ROI: 0.86% Traditional ROI: 5.95%
206 N Maple Street Mancelona, MI Spacious and move-in ready, this 3-bedroom, 3-bath home offers 1,932 square feet of comfor...	3 beds \| 3 baths \| 1,932 sq.ft.	$259,900	Airbnb cash on cash: 2.78% Traditional cash on cash: 9.8% Airbnb Rental Income: $1688 Traditional Rental Income: $2940 Airbnb ROI: 2.78% Traditional ROI: 9.8%
568 NE Plum Valley Road Mancelona, MI Completed in 2024, this newly built home in the heart of Northern Michigan, offers the opp...	3 beds \| 2 baths \| 1,232 sq.ft.	$350,000	Airbnb cash on cash: 1.49% Traditional cash on cash: 5.06% Airbnb Rental Income: $1688 Traditional Rental Income: $2394 Airbnb ROI: 1.49% Traditional ROI: 5.06%
2315 Musser Road Mancelona, MI If you've been searching for a property where someone already thought of everything, this ...	3 beds \| 2 baths \| 1,737 sq.ft.	$379,000	Airbnb cash on cash: 1.68% Traditional cash on cash: 5.14% Airbnb Rental Income: $1688 Traditional Rental Income: $2449 Airbnb ROI: 1.68% Traditional ROI: 5.14%
303 Jefferson Street Mancelona, MI Prime corner lot home with a rare combination of space and potential. This home features 3...	3 beds \| 1 baths \| 960 sq.ft.	$179,900	Airbnb cash on cash: 4.9% Traditional cash on cash: 7.35% Airbnb Rental Income: $1688 Traditional Rental Income: $1638 Airbnb ROI: 4.9% Traditional ROI: 7.35%
1355 Bundy Road Mancelona, MI Set on 20 sprawling acres in the heart of Northern Lower Michigan, 1355 Bundy Rd is a turn...	3 beds \| 1 baths \| 924 sq.ft.	$239,000	Airbnb cash on cash: 3.37% Traditional cash on cash: 5.38% Airbnb Rental Income: $1688 Traditional Rental Income: $1673 Airbnb ROI: 3.37% Traditional ROI: 5.38%
6509 Deepwood Drive Mancelona, MI Brand-new construction in Lakes of the North! This thoughtfully designed 3-bedroom, 2-bath...	3 beds \| 2 baths \| 1,344 sq.ft.	$385,000	Airbnb cash on cash: 1.89% Traditional cash on cash: 2.5% Airbnb Rental Income: $1688 Traditional Rental Income: $1438 Airbnb ROI: 1.89% Traditional ROI: 2.5%
6361 Redwing Court Mancelona, MI UP NORTH LIVING IS THE BEST! Are you looking for that affordable vacation or full-time hom...	3 beds \| 2 baths \| 1,830 sq.ft.	$274,000	Airbnb cash on cash: 2.82% Traditional cash on cash: 3.67% Airbnb Rental Income: $1688 Traditional Rental Income: $1438 Airbnb ROI: 2.82% Traditional ROI: 3.67%

Your search for investment property begins and ends here

Single Family Homes for Sale in Mancelona, MI

7686 Wyndamar Drive

Mancelona, MI

3 beds | 2 baths | 1,200 sq.ft.

$269,900

Airbnb cash on cash: 2.94%

Traditional cash on cash: 4.47%

Airbnb Rental Income: $1688

Traditional Rental Income: $1606

Airbnb ROI: 2.94%

Traditional ROI: 4.47%

9149 N Twin Lake Road

Mancelona, MI

4 beds | 2 baths | 1,430 sq.ft.

$309,000

Airbnb cash on cash: 3.02%

Traditional cash on cash: 6.17%

Airbnb Rental Income: $2272

Traditional Rental Income: $2622

Airbnb ROI: 3.02%

Traditional ROI: 6.17%

8610 Grassmere Court

Mancelona, MI

2 beds | 1 baths | 772 sq.ft.

$125,000

Airbnb cash on cash: 2.93%

Traditional cash on cash: 8.94%

Airbnb Rental Income: $1062

Traditional Rental Income: $1420

Airbnb ROI: 2.93%

Traditional ROI: 8.94%

5635 Mystic Drive

Mancelona, MI

2 beds | 2 baths | 2,160 sq.ft.

$525,635

Airbnb cash on cash: -0.13%

Traditional cash on cash: 4.23%

Airbnb Rental Income: $1062

Traditional Rental Income: $2840

Airbnb ROI: -0.13%

Traditional ROI: 4.23%

6609 Deepwood Drive

Mancelona, MI

3 beds | 2 baths | 1,281 sq.ft.

$300,000

Airbnb cash on cash: 2.34%

Traditional cash on cash: 6.67%

Airbnb Rental Income: $1688

Traditional Rental Income: $2441

Airbnb ROI: 2.34%

Traditional ROI: 6.67%

8768 Sunset Trail, NE

Mancelona, MI

3 beds | 3 baths | 3,807 sq.ft.

$1,100,000

Airbnb cash on cash: -1.43%

Traditional cash on cash: 0.54%

Airbnb Rental Income: $1688

Traditional Rental Income: $3232

Airbnb ROI: -1.43%

Traditional ROI: 0.54%

603 Jefferson Street

Mancelona, MI

3 beds | 1 baths | 1,034 sq.ft.

$349,000

Airbnb cash on cash: 1.76%

Traditional cash on cash: 1.6%

Airbnb Rental Income: $1688

Traditional Rental Income: $1166

Airbnb ROI: 1.76%

Traditional ROI: 1.6%

11903 Partridge Lane

Mancelona, MI

2 beds | 1 baths | 700 sq.ft.

$130,000

Airbnb cash on cash: 2.32%

Traditional cash on cash: 5.59%

Airbnb Rental Income: $1062

Traditional Rental Income: $1105

Airbnb ROI: 2.32%