Real Estate Investment Properties for Sale in Manistique, MI

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
560 Alger Manistique, MI Step into this beautifully maintained modern farmhouse, a turn-key property perched on 4.5...	4 beds \| 3 baths \| 2,744 sq.ft.	$315,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.63% Airbnb Rental Income: $null Traditional Rental Income: $3100 Airbnb ROI: N/A Traditional ROI: 7.63%
601 Range Manistique, MI Here is the perfect blend of history and modern comfort! This beautifully renovated 1900-b...	3 beds \| 1 baths \| 1,300 sq.ft.	$104,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.2% Airbnb Rental Income: $null Traditional Rental Income: $1111 Airbnb ROI: N/A Traditional ROI: 8.2%
201 Elm Manistique, MI Nestled in the heart of Manistique, this charming 2-bedroom, 1-bath home offers comfort an...	2 beds \| 1 baths \| 1,101 sq.ft.	$125,000	Airbnb cash on cash: 4.89% Traditional cash on cash: 6.09% Airbnb Rental Income: $1284 Traditional Rental Income: $1026 Airbnb ROI: 4.89% Traditional ROI: 6.09%
5343 Michibay Drive Manistique, MI Experience unparalleled luxury and tranquility in this exquisite 5 bed/4.5 bath home, per...	5 beds \| 5 baths \| 8,200 sq.ft.	$2,495,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.66% Airbnb Rental Income: $null Traditional Rental Income: $5009 Airbnb ROI: N/A Traditional ROI: 0.66%
224 N Fifth Manistique, MI Discover ranch-style living with a dream garage! This immaculate 2-bedroom, 2-bathroom hom...	2 beds \| 2 baths \| 1,503 sq.ft.	$212,000	Airbnb cash on cash: 2.47% Traditional cash on cash: 8.43% Airbnb Rental Income: $1284 Traditional Rental Income: $2079 Airbnb ROI: 2.47% Traditional ROI: 8.43%
9396 W M-149 Manistique, MI Discover the epitome of luxury living in this breathtaking 4-bedroom, 3-bathroom executive...	4 beds \| 3 baths \| 4,962 sq.ft.	$2,500,000	Airbnb cash on cash: N/A Traditional cash on cash: -1.05% Airbnb Rental Income: $null Traditional Rental Income: $3544 Airbnb ROI: N/A Traditional ROI: -1.05%
1023 State Manistique, MI Welcome to this warm and inviting 3-bedroom, 2-bath home nestled on 3.5 beautiful acres ri...	3 beds \| 2 baths \| 2,084 sq.ft.	$248,500	Airbnb cash on cash: N/A Traditional cash on cash: 9.79% Airbnb Rental Income: $null Traditional Rental Income: $2724 Airbnb ROI: N/A Traditional ROI: 9.79%
974 N Ash Manistique, MI Stunning Waterfront Ranch on Indian Lake â 3 Bed, 2 Bath on 1.5 + Acres. Experience the ...	3 beds \| 2 baths \| 1,120 sq.ft.	$499,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.03% Airbnb Rental Income: $null Traditional Rental Income: $2143 Airbnb ROI: N/A Traditional ROI: 3.03%
6202W US2 Manistique, MI This recently remodeled 3 bedroom home sits comfortably on a 3 acre plot mere minutes from...	3 beds \| 1 baths \| 1,180 sq.ft.	$205,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.1% Airbnb Rental Income: $null Traditional Rental Income: $1962 Airbnb ROI: N/A Traditional ROI: 7.1%
4815 N Southside Rd Manistique, MI For Sale: Tranquil Ranch-Style Retreat on 10 High-and-Dry Acres â Ideal for year around ...	3 beds \| 2 baths \| 1,490 sq.ft.	$245,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.57% Airbnb Rental Income: $null Traditional Rental Income: $2421 Airbnb ROI: N/A Traditional ROI: 8.57%
6627 W Co Rd 448 Manistique, MI Nestled in a stand of towering red and white pine with aspen, this beautifully updated rus...	3 beds \| 1 baths \| 1,067 sq.ft.	$325,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.53% Airbnb Rental Income: $null Traditional Rental Income: $1943 Airbnb ROI: N/A Traditional ROI: 3.53%
11477W County Road 437 Manistique, MI Tucked away on 137 feet of the beautiful Indian River in the quiet town of Stueben, this i...	3 beds \| 3 baths \| 1,478 sq.ft.	$389,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.78% Airbnb Rental Income: $null Traditional Rental Income: $2741 Airbnb ROI: N/A Traditional ROI: 5.78%
8596 W US 2 Manistique, MI Step into a world where craftsmanship and nature exist in perfect harmony. Nestled on 50 s...	3 beds \| 3 baths \| 2,100 sq.ft.	$800,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.62% Airbnb Rental Income: $null Traditional Rental Income: $3005 Airbnb ROI: N/A Traditional ROI: 2.62%
5880 W River Manistique, MI This remodeled 3-bedroom, 2-bath ranch home is move-in ready and offers the best of countr...	3 beds \| 2 baths \| 1,782 sq.ft.	$195,000	Airbnb cash on cash: N/A Traditional cash on cash: 11.17% Airbnb Rental Income: $null Traditional Rental Income: $2448 Airbnb ROI: N/A Traditional ROI: 11.17%
N4651 M77 Manistique, MI Affordable, turn key waterfront cabin with outstanding access located on Lake Ann-Louise i...	1 beds \| N/A baths \| 462 sq.ft.	$129,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.78% Airbnb Rental Income: $null Traditional Rental Income: $1503 Airbnb ROI: N/A Traditional ROI: 8.78%

Real Estate investment in Manistique, MI

There are 19 properties for sale in the city of Manistique . The median list price in Manistique is $155,000 and the average price per square foot is $87. In September 2025, the average monthly cash on cash return in Manistique is 10.00%. The average monthly rental income in Manistique is $2,071.

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

There are 19 investment properties available for sale in Manistique.

In 2025, the best neighborhood to buy investment property is Manistique.

The ROI for Short-Term is higher than the Long-Term in Manistique with average rental income of $1,284.

Your search for investment property begins and ends here

Investment Property for Sale in Manistique, MI

560 Alger

Manistique, MI

4 beds | 3 baths | 2,744 sq.ft.

$315,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.63%

Airbnb Rental Income: $null

Traditional Rental Income: $3100

Airbnb ROI: N/A

Traditional ROI: 7.63%

601 Range

Manistique, MI

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

$104,000

Airbnb cash on cash: N/A

Traditional cash on cash: 8.2%

Airbnb Rental Income: $null

Traditional Rental Income: $1111

Airbnb ROI: N/A

Traditional ROI: 8.2%

201 Elm

Manistique, MI

2 beds | 1 baths | 1,101 sq.ft.

$125,000

Airbnb cash on cash: 4.89%

Traditional cash on cash: 6.09%

Airbnb Rental Income: $1284

Traditional Rental Income: $1026

Airbnb ROI: 4.89%

Traditional ROI: 6.09%

5343 Michibay Drive

Manistique, MI

5 beds | 5 baths | 8,200 sq.ft.

$2,495,000

Airbnb cash on cash: N/A

Traditional cash on cash: 0.66%

Airbnb Rental Income: $null

Traditional Rental Income: $5009

Airbnb ROI: N/A

Traditional ROI: 0.66%

224 N Fifth

Manistique, MI

2 beds | 2 baths | 1,503 sq.ft.

$212,000

Airbnb cash on cash: 2.47%

Traditional cash on cash: 8.43%

Airbnb Rental Income: $1284

Traditional Rental Income: $2079

Airbnb ROI: 2.47%

Traditional ROI: 8.43%

9396 W M-149

Manistique, MI

4 beds | 3 baths | 4,962 sq.ft.

$2,500,000

Airbnb cash on cash: N/A

Traditional cash on cash: -1.05%

Airbnb Rental Income: $null

Traditional Rental Income: $3544

Airbnb ROI: N/A

Traditional ROI: -1.05%

1023 State

Manistique, MI

3 beds | 2 baths | 2,084 sq.ft.

$248,500

Airbnb cash on cash: N/A

Traditional cash on cash: 9.79%

Airbnb Rental Income: $null

Traditional Rental Income: $2724

Airbnb ROI: N/A

Traditional ROI: 9.79%

974 N Ash

Manistique, MI

3 beds | 2 baths | 1,120 sq.ft.

$499,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.03%

Airbnb Rental Income: $null

Traditional Rental Income: $2143

Airbnb ROI: N/A