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
1663 N Wawaushnosh Manistique, MI Exceptionally well maintained full log home with direct frontage on beautiful Indian Lake....	4 beds \| 4 baths \| 1,941 sq.ft.	$1,100,000	Airbnb cash on cash: -0.7% Traditional cash on cash: 0.86% Airbnb Rental Income: $2590 Traditional Rental Income: $3562 Airbnb ROI: -0.7% Traditional ROI: 0.86%
414 S Stoney Point Manistique, MI The tranquility of Lakefront living is within reach with this well-maintained ranch-style ...	2 beds \| 2 baths \| 1,630 sq.ft.	$485,000	Airbnb cash on cash: -1.05% Traditional cash on cash: 2.9% Airbnb Rental Income: $1182 Traditional Rental Income: $2585 Airbnb ROI: -1.05% Traditional ROI: 2.9%
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%
3070 S Woodland Shores Manistique, MI Nestled along 150' of pristine sandy Lake Michigan frontage in Thompson, this charming 2-b...	2 beds \| 2 baths \| 1,031 sq.ft.	$339,900	Airbnb cash on cash: -0.32% Traditional cash on cash: 3.7% Airbnb Rental Income: $1182 Traditional Rental Income: $2079 Airbnb ROI: -0.32% Traditional ROI: 3.7%
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: 2.04% Traditional cash on cash: 8.43% Airbnb Rental Income: $1182 Traditional Rental Income: $2079 Airbnb ROI: 2.04% Traditional ROI: 8.43%
1522 N Country Club Manistique, MI Experience refined modern living in this stunning 2025 custom-built home, ideally situated...	3 beds \| 2 baths \| 1,900 sq.ft.	$724,900	Airbnb cash on cash: 0.34% Traditional cash on cash: 3.12% Airbnb Rental Income: $1487 Traditional Rental Income: $2928 Airbnb ROI: 0.34% Traditional ROI: 3.12%
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.	$239,900	Airbnb cash on cash: 2.73% Traditional cash on cash: 8.77% Airbnb Rental Income: $1487 Traditional Rental Income: $2421 Airbnb ROI: 2.73% Traditional ROI: 8.77%
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: 1.15% Traditional cash on cash: 5.78% Airbnb Rental Income: $1487 Traditional Rental Income: $2741 Airbnb ROI: 1.15% 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.	$750,000	Airbnb cash on cash: 0.07% Traditional cash on cash: 2.86% Airbnb Rental Income: $1487 Traditional Rental Income: $3005 Airbnb ROI: 0.07% Traditional ROI: 2.86%
9685 W Barque Point Trail Manistique, MI Lake Michigan Log Home Retreat â 154â Private Frontage! Â \| 3 Bed \| 2 Bath \| 1.7 Acre...	3 beds \| 2 baths \| 1,271 sq.ft.	$449,900	Airbnb cash on cash: 0.75% Traditional cash on cash: 3.35% Airbnb Rental Income: $1487 Traditional Rental Income: $2146 Airbnb ROI: 0.75% Traditional ROI: 3.35%
3092 S Woodland Shores Manistique, MI Looking for that great start on a Great Lake?! Here it is! Whether you're looking for a ye...	2 beds \| 2 baths \| 1,120 sq.ft.	$325,000	Airbnb cash on cash: 0.86% Traditional cash on cash: 5.39% Airbnb Rental Income: $1182 Traditional Rental Income: $2180 Airbnb ROI: 0.86% Traditional ROI: 5.39%
127 S First Manistique, MI This darling three-bedroom home in Manistique offers a warm and welcoming atmosphere from ...	3 beds \| 1 baths \| 1,098 sq.ft.	$139,000	Airbnb cash on cash: 4.68% Traditional cash on cash: 10.37% Airbnb Rental Income: $1487 Traditional Rental Income: $1810 Airbnb ROI: 4.68% Traditional ROI: 10.37%
620 Manistique Manistique, MI Looking for a new roof over your head?! Literally, this cute and cozy city home on Manist...	2 beds \| 1 baths \| 937 sq.ft.	$125,000	Airbnb cash on cash: 2.95% Traditional cash on cash: 9.43% Airbnb Rental Income: $1182 Traditional Rental Income: $1576 Airbnb ROI: 2.95% Traditional ROI: 9.43%
109 N 5th Manistique, MI Discover cozy Upper Peninsula living in this charming 2 bedroom, 1 bath home. Featuring a ...	2 beds \| 1 baths \| 1,026 sq.ft.	$98,000	Airbnb cash on cash: 5.5% Traditional cash on cash: 7.31% Airbnb Rental Income: $1182 Traditional Rental Income: $969 Airbnb ROI: 5.5% Traditional ROI: 7.31%

Real Estate investment in Manistique, MI

There are 20 properties for sale in the city of Manistique . The median list price in Manistique is $230,000 and the average price per square foot is $131. In December 2025, the average monthly cash on cash return in Manistique is 8.00%. The average monthly rental income in Manistique is $2,374.

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

There are 20 investment properties available for sale in Manistique.

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

The ROI for Long-Term is higher than the Short-Term in Manistique with average rental income of $2,374.

Your search for investment property begins and ends here

Investment Property for Sale in Manistique, MI

1663 N Wawaushnosh

Manistique, MI

4 beds | 4 baths | 1,941 sq.ft.

$1,100,000

Airbnb cash on cash: -0.7%

Traditional cash on cash: 0.86%

Airbnb Rental Income: $2590

Traditional Rental Income: $3562

Airbnb ROI: -0.7%

Traditional ROI: 0.86%

414 S Stoney Point

Manistique, MI

2 beds | 2 baths | 1,630 sq.ft.

$485,000

Airbnb cash on cash: -1.05%

Traditional cash on cash: 2.9%

Airbnb Rental Income: $1182

Traditional Rental Income: $2585

Airbnb ROI: -1.05%

Traditional ROI: 2.9%

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%

3070 S Woodland Shores

Manistique, MI

2 beds | 2 baths | 1,031 sq.ft.

$339,900

Airbnb cash on cash: -0.32%

Traditional cash on cash: 3.7%

Airbnb Rental Income: $1182

Traditional Rental Income: $2079

Airbnb ROI: -0.32%

Traditional ROI: 3.7%

224 N Fifth

Manistique, MI

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

$212,000

Airbnb cash on cash: 2.04%

Traditional cash on cash: 8.43%

Airbnb Rental Income: $1182

Traditional Rental Income: $2079

Airbnb ROI: 2.04%

Traditional ROI: 8.43%

1522 N Country Club

Manistique, MI

3 beds | 2 baths | 1,900 sq.ft.

$724,900

Airbnb cash on cash: 0.34%

Traditional cash on cash: 3.12%

Airbnb Rental Income: $1487

Traditional Rental Income: $2928

Airbnb ROI: 0.34%

Traditional ROI: 3.12%

4815 N Southside Rd

Manistique, MI

3 beds | 2 baths | 1,490 sq.ft.

$239,900

Airbnb cash on cash: 2.73%

Traditional cash on cash: 8.77%

Airbnb Rental Income: $1487

Traditional Rental Income: $2421

Airbnb ROI: 2.73%

Traditional ROI: 8.77%

11477W County Road 437

Manistique, MI

3 beds | 3 baths | 1,478 sq.ft.

$389,000

Airbnb cash on cash: 1.15%

Traditional cash on cash: 5.78%

Airbnb Rental Income: $1487

Traditional Rental Income: $2741

Airbnb ROI: 1.15%