Real Estate Investment Properties for Sale in Manitou Beach, MI

Looking for investment property in Manitou Beach, MI with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
13421 Woerner Rd Manitou Beach, MI Hill-top serenity meets hobby-farm fun at 13421 Woerner Road! This 3-bed, 1.5-bath ranch o...	3 beds \| 1 baths \| 1,296 sq.ft.	$149,900	Airbnb cash on cash: 5.02% Traditional cash on cash: 10.7% Airbnb Rental Income: $1611 Traditional Rental Income: $1968 Airbnb ROI: 5.02% Traditional ROI: 10.7%
3530 Geneva Hwy Manitou Beach, MI SECLUDED WITH 73' OF PRISTINE BEACH AND GLORIOUS SUNRISES! No homes close by! Setting and ...	4 beds \| 2 baths \| 2,098 sq.ft.	$649,900	Airbnb cash on cash: 0.79% Traditional cash on cash: 2.34% Airbnb Rental Income: $2408 Traditional Rental Income: $2759 Airbnb ROI: 0.79% Traditional ROI: 2.34%
6621 Devils Lake Hwy Manitou Beach, MI AFFORDABLE 3 BEDROOM HOME CLOSE TO DEVILS LAKE, RESTAURANTS AND ENTERTAINMENT OF MANITOU B...	2 beds \| 2 baths \| 1,194 sq.ft.	$269,999	Airbnb cash on cash: 0.66% Traditional cash on cash: 3.16% Airbnb Rental Income: $987 Traditional Rental Income: $1270 Airbnb ROI: 0.66% Traditional ROI: 3.16%
2973 Round Lake Highway Manitou Beach, MI Great opportunity on Devil's Lake! This is not a typical lake cottage; this is a house sui...	4 beds \| 2 baths \| 1,680 sq.ft.	$450,000	Airbnb cash on cash: 1.57% Traditional cash on cash: 3.1% Airbnb Rental Income: $2408 Traditional Rental Income: $2463 Airbnb ROI: 1.57% Traditional ROI: 3.1%
3951 Woerner Rd Manitou Beach, MI	5 beds \| 3 baths \| 2,572 sq.ft.	$1,148,000	Airbnb cash on cash: -0.91% Traditional cash on cash: 0.95% Airbnb Rental Income: $1334 Traditional Rental Income: $2918 Airbnb ROI: -0.91% Traditional ROI: 0.95%
9265 Devils Lake Hwy Manitou Beach, MI Just over a half acre, this property is an enticing investment for several reasons. It's p...	N/A beds \| 1 baths \| 1,440 sq.ft.	$549,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.93% Airbnb Rental Income: $null Traditional Rental Income: $1893 Airbnb ROI: N/A Traditional ROI: 1.93%
4276 Echo Cove Manitou Beach, MI Discover a Rare Opportunity to enjoy privacy and seclusion on the highly sought-after shor...	3 beds \| 3 baths \| 2,460 sq.ft.	$775,500	Airbnb cash on cash: 0.04% Traditional cash on cash: 2.32% Airbnb Rental Income: $1611 Traditional Rental Income: $2800 Airbnb ROI: 0.04% Traditional ROI: 2.32%
11320 W Ferndale Dr Manitou Beach, MI 11320 W Ferndale Dr, Manitou Beach, MI 49253 \| Single Family Residential	3 beds \| 2 baths \| 1,664 sq.ft.	$559,000	Airbnb cash on cash: -0.5% Traditional cash on cash: 0.9% Airbnb Rental Income: $1611 Traditional Rental Income: $1884 Airbnb ROI: -0.5% Traditional ROI: 0.9%
0 Round Lake Hwy Manitou Beach, MI 0 Round Lake Hwy, Manitou Beach, MI 49253 \| Other	N/A beds \| N/A baths \| N/A	$170,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.86% Airbnb Rental Income: $null Traditional Rental Income: $639 Airbnb ROI: N/A Traditional ROI: 0.86%
7841 DEVILS LAKE Hwy Manitou Beach, MI 7841 DEVILS LAKE Hwy, Manitou Beach, MI 49253 \| Other	3 beds \| N/A baths \| N/A	$100,000	Airbnb cash on cash: 8.42% Traditional cash on cash: 4.96% Airbnb Rental Income: $1611 Traditional Rental Income: $818 Airbnb ROI: 8.42% Traditional ROI: 4.96%
16001 Addison Rd Manitou Beach, MI 16001 Addison Rd, Manitou Beach, MI 49221 \| Other	N/A beds \| N/A baths \| N/A	$390,000	Airbnb cash on cash: N/A Traditional cash on cash: -1.29% Airbnb Rental Income: $null Traditional Rental Income: $544 Airbnb ROI: N/A Traditional ROI: -1.29%
11698 Elm Park Dr Manitou Beach, MI This Round Lake waterfront home enjoys 76 feet of lake frontage. The home has the ability ...	5 beds \| 2 baths \| 2,040 sq.ft.	$389,000	Airbnb cash on cash: 0.47% Traditional cash on cash: 6.16% Airbnb Rental Income: $1334 Traditional Rental Income: $2997 Airbnb ROI: 0.47% Traditional ROI: 6.16%
8676 Cherry Point Dr Manitou Beach, MI Ultra Modern Custom-Built Statement Home with Cool Vibes & Lakeside Living. Welcome to thi...	3 beds \| 4 baths \| 4,572 sq.ft.	$2,250,000	Airbnb cash on cash: -1.17% Traditional cash on cash: 0.51% Airbnb Rental Income: $1611 Traditional Rental Income: $4647 Airbnb ROI: -1.17% Traditional ROI: 0.51%
9920 W Ferndale Dr Manitou Beach, MI 9920 W Ferndale Dr, Manitou Beach, MI 49253 \| Single Family Residential	4 beds \| 2 baths \| 2,028 sq.ft.	$775,000	Airbnb cash on cash: -0.14% Traditional cash on cash: 0.45% Airbnb Rental Income: $2408 Traditional Rental Income: $2246 Airbnb ROI: -0.14% Traditional ROI: 0.45%
3601 , 3599 Round Lake Hwy Manitou Beach, MI 3601 , 3599 Round Lake Hwy, Manitou Beach, MI 49253 \| Single Family Residential	2 beds \| 1 baths \| 1,698 sq.ft.	$500,000	Airbnb cash on cash: -1.37% Traditional cash on cash: -0.19% Airbnb Rental Income: $987 Traditional Rental Income: $1186 Airbnb ROI: -1.37% Traditional ROI: -0.19%
9900 Devils Lake Hwy Manitou Beach, MI Lakefront Living at Its Best on Devils Lake! Welcome to your dream getaway (or year-round ...	5 beds \| 3 baths \| 2,420 sq.ft.	$895,000	Airbnb cash on cash: -1.33% Traditional cash on cash: 1.08% Airbnb Rental Income: $1334 Traditional Rental Income: $2925 Airbnb ROI: -1.33% Traditional ROI: 1.08%
8714 Cherry Point Road Manitou Beach, MI	5 beds \| 5 baths \| 3,507 sq.ft.	$1,890,000	Airbnb cash on cash: -1.34% Traditional cash on cash: 1.28% Airbnb Rental Income: $1334 Traditional Rental Income: $5521 Airbnb ROI: -1.34% Traditional ROI: 1.28%
3440 Geneva Hwy Manitou Beach, MI Three units to own, enjoy, and or lease! Over 90 ft of exceptional Sandy Beach. Beautiful ...	N/A beds \| N/A baths \| N/A	$674,900	Airbnb cash on cash: -1.73% Traditional cash on cash: 4.49% Airbnb Rental Income: $1334 Traditional Rental Income: $4840 Airbnb ROI: -1.73% Traditional ROI: 4.49%
5175 Pleasant Valley Rd Manitou Beach, MI Rare find in Manitou Beach: dedicated pontoon boat garage behind a full two-car garage, wi...	3 beds \| 2 baths \| 1,612 sq.ft.	$475,000	Airbnb cash on cash: 0.92% Traditional cash on cash: 4.59% Airbnb Rental Income: $1611 Traditional Rental Income: $2785 Airbnb ROI: 0.92% Traditional ROI: 4.59%
2795 Round Lake Hwy Manitou Beach, MI Wonderfully maintained 2 bedroom, 1 bath lakefront ranch located at the north end of Round...	2 beds \| 1 baths \| 913 sq.ft.	$395,000	Airbnb cash on cash: -0.11% Traditional cash on cash: 2.15% Airbnb Rental Income: $987 Traditional Rental Income: $1469 Airbnb ROI: -0.11% Traditional ROI: 2.15%
290 Park St Manitou Beach, MI	3 beds \| 2 baths \| 1,338 sq.ft.	$695,000	Airbnb cash on cash: -0.34% Traditional cash on cash: 1.31% Airbnb Rental Income: $1611 Traditional Rental Income: $2219 Airbnb ROI: -0.34% Traditional ROI: 1.31%
7507 Hillcrest Avenue Manitou Beach, MI Welcome home to this charming partially furnished 3-Bedroom, 1-Bath Bungalow offering comf...	3 beds \| 1 baths \| 1,124 sq.ft.	$350,000	Airbnb cash on cash: 1.1% Traditional cash on cash: 2.72% Airbnb Rental Income: $1611 Traditional Rental Income: $1684 Airbnb ROI: 1.1% Traditional ROI: 2.72%
8580 Marr Hwy Manitou Beach, MI 8580 Marr Hwy, Manitou Beach, MI 49253 \| Single Family Residential	4 beds \| 2 baths \| 2,211 sq.ft.	$549,000	Airbnb cash on cash: 0.83% Traditional cash on cash: 1.73% Airbnb Rental Income: $2408 Traditional Rental Income: $2278 Airbnb ROI: 0.83% Traditional ROI: 1.73%
2792 Round Lake Highway Hwy Manitou Beach, MI 2792 Round Lake Highway Hwy, Manitou Beach, MI 49253 \| Single Family Residential	3 beds \| 1 baths \| 1,310 sq.ft.	$599,900	Airbnb cash on cash: -0.64% Traditional cash on cash: -0.28% Airbnb Rental Income: $1611 Traditional Rental Income: $1354 Airbnb ROI: -0.64% Traditional ROI: -0.28%
10140 Devils Lake Hwy Manitou Beach, MI 10140 Devils Lake Hwy, Manitou Beach, MI 49253 \| Single Family Residential	3 beds \| 3 baths \| 1,785 sq.ft.	$825,000	Airbnb cash on cash: -1.15% Traditional cash on cash: 0.37% Airbnb Rental Income: $1611 Traditional Rental Income: $2322 Airbnb ROI: -1.15% Traditional ROI: 0.37%
7296 Walnut Hill Rd Manitou Beach, MI 7296 Walnut Hill Rd, Manitou Beach, MI 49253 \| Single Family Residential	4 beds \| 3 baths \| 2,900 sq.ft.	$844,000	Airbnb cash on cash: -0.34% Traditional cash on cash: 1.09% Airbnb Rental Income: $2408 Traditional Rental Income: $2936 Airbnb ROI: -0.34% Traditional ROI: 1.09%
1051 Elm St Manitou Beach, MI 1051 Elm St, Manitou Beach, MI 49253 \| Single Family Residential	2 beds \| 1 baths \| 1,337 sq.ft.	$207,500	Airbnb cash on cash: 0.23% Traditional cash on cash: 2.83% Airbnb Rental Income: $987 Traditional Rental Income: $1145 Airbnb ROI: 0.23% Traditional ROI: 2.83%
14297 Hickory Hill Dr Manitou Beach, MI 14297 Hickory Hill Dr, Manitou Beach, MI 49253 \| Single Family Residential	4 beds \| 2 baths \| 1,876 sq.ft.	$549,900	Airbnb cash on cash: 0.83% Traditional cash on cash: 1.53% Airbnb Rental Income: $2408 Traditional Rental Income: $2178 Airbnb ROI: 0.83% Traditional ROI: 1.53%
4834 Round Lake Hwy Manitou Beach, MI 4834 Round Lake Hwy, Manitou Beach, MI 49253 \| Single Family Residential	3 beds \| 1 baths \| 709 sq.ft.	$549,900	Airbnb cash on cash: -0.46% Traditional cash on cash: -0.41% Airbnb Rental Income: $1611 Traditional Rental Income: $1180 Airbnb ROI: -0.46% Traditional ROI: -0.41%
3193 Round Lake Hwy Manitou Beach, MI 3193 Round Lake Hwy, Manitou Beach, MI 49253 \| Single Family Residential	3 beds \| 1 baths \| 1,376 sq.ft.	$380,000	Airbnb cash on cash: 0.45% Traditional cash on cash: 1.11% Airbnb Rental Income: $1611 Traditional Rental Income: $1388 Airbnb ROI: 0.45% Traditional ROI: 1.11%
3533 Glen Hill Hwy Manitou Beach, MI 3533 Glen Hill Hwy, Manitou Beach, MI 49253 \| Other	N/A beds \| N/A baths \| N/A	$100,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.03% Airbnb Rental Income: $null Traditional Rental Income: $727 Airbnb ROI: N/A Traditional ROI: 4.03%
13000 Woerner Rd Manitou Beach, MI 13000 Woerner Rd, Manitou Beach, MI 49253 \| Other	N/A beds \| N/A baths \| N/A	$174,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.3% Airbnb Rental Income: $null Traditional Rental Income: $727 Airbnb ROI: N/A Traditional ROI: 1.3%
6797 Devils Lake Hwy Manitou Beach, MI 6797 Devils Lake Hwy, Manitou Beach, MI 49253 \| Other	N/A beds \| N/A baths \| N/A	$300,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.59% Airbnb Rental Income: $null Traditional Rental Income: $639 Airbnb ROI: N/A Traditional ROI: -0.59%
6000 Devils lake Hwy Manitou Beach, MI 6000 Devils lake Hwy, Manitou Beach, MI 49253 \| Other	N/A beds \| N/A baths \| N/A	$1,250,000	Airbnb cash on cash: N/A Traditional cash on cash: -2.06% Airbnb Rental Income: $null Traditional Rental Income: $639 Airbnb ROI: N/A Traditional ROI: -2.06%
2733 Round Lake Hwy Manitou Beach, MI 2733 Round Lake Hwy, Manitou Beach, MI 49253 \| Single Family Residential	3 beds \| 2 baths \| 2,002 sq.ft.	$699,000	Airbnb cash on cash: -0.9% Traditional cash on cash: 0.68% Airbnb Rental Income: $1611 Traditional Rental Income: $2187 Airbnb ROI: -0.9% Traditional ROI: 0.68%
10875 W Ferndale Dr Manitou Beach, MI 10875 W Ferndale Dr, Manitou Beach, MI 49253 \| Single Family Residential	2 beds \| 1 baths \| 931 sq.ft.	$300,000	Airbnb cash on cash: -0.61% Traditional cash on cash: 0.83% Airbnb Rental Income: $987 Traditional Rental Income: $1041 Airbnb ROI: -0.61% Traditional ROI: 0.83%
10240 W Ferndale Dr Dr Manitou Beach, MI 10240 W Ferndale Dr Dr, Manitou Beach, MI 49253 \| Single Family Residential	4 beds \| 2 baths \| 1,536 sq.ft.	$680,000	Airbnb cash on cash: 0.19% Traditional cash on cash: 0.4% Airbnb Rental Income: $2408 Traditional Rental Income: $1954 Airbnb ROI: 0.19% Traditional ROI: 0.4%
15430 Horton Beach Rd Manitou Beach, MI 15430 Horton Beach Rd, Manitou Beach, MI 49253 \| Single Family Residential	3 beds \| 2 baths \| 1,450 sq.ft.	$299,900	Airbnb cash on cash: 1.23% Traditional cash on cash: 3.86% Airbnb Rental Income: $1611 Traditional Rental Income: $1896 Airbnb ROI: 1.23% Traditional ROI: 3.86%

Real Estate investment in Manitou-beach, MI

There are 48 properties for sale in the city of Manitou Beach . The median list price in Manitou Beach is $500,000 and the average price per square foot is $277. In October 2026, the average monthly cash on cash return in Manitou Beach is 1.00%. The average monthly rental income in Manitou Beach is $1,884.

Manitou-beach, MI Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 48 investment properties available for sale in Manitou-beach.

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

The ROI for Short-Term is higher than the Long-Term in Manitou-beach with average rental income of $1,611.

Your search for investment property begins and ends here

Investment Property for Sale in Manitou Beach, MI

13421 Woerner Rd

Manitou Beach, MI

3 beds | 1 baths | 1,296 sq.ft.

$149,900

Airbnb cash on cash: 5.02%

Traditional cash on cash: 10.7%

Airbnb Rental Income: $1611

Traditional Rental Income: $1968

Airbnb ROI: 5.02%

Traditional ROI: 10.7%

3530 Geneva Hwy

Manitou Beach, MI

4 beds | 2 baths | 2,098 sq.ft.

$649,900

Airbnb cash on cash: 0.79%

Traditional cash on cash: 2.34%

Airbnb Rental Income: $2408

Traditional Rental Income: $2759

Airbnb ROI: 0.79%

Traditional ROI: 2.34%

6621 Devils Lake Hwy

Manitou Beach, MI

2 beds | 2 baths | 1,194 sq.ft.

$269,999

Airbnb cash on cash: 0.66%

Traditional cash on cash: 3.16%

Airbnb Rental Income: $987

Traditional Rental Income: $1270

Airbnb ROI: 0.66%

Traditional ROI: 3.16%

2973 Round Lake Highway

Manitou Beach, MI

4 beds | 2 baths | 1,680 sq.ft.

$450,000

Airbnb cash on cash: 1.57%

Traditional cash on cash: 3.1%

Airbnb Rental Income: $2408

Traditional Rental Income: $2463

Airbnb ROI: 1.57%

Traditional ROI: 3.1%

3951 Woerner Rd

Manitou Beach, MI

5 beds | 3 baths | 2,572 sq.ft.

$1,148,000

Airbnb cash on cash: -0.91%

Traditional cash on cash: 0.95%

Airbnb Rental Income: $1334

Traditional Rental Income: $2918

Airbnb ROI: -0.91%

Traditional ROI: 0.95%

9265 Devils Lake Hwy

Manitou Beach, MI

N/A beds | 1 baths | 1,440 sq.ft.

$549,900

Airbnb cash on cash: N/A

Traditional cash on cash: 1.93%

Airbnb Rental Income: $null

Traditional Rental Income: $1893

Airbnb ROI: N/A

Traditional ROI: 1.93%

4276 Echo Cove

Manitou Beach, MI

3 beds | 3 baths | 2,460 sq.ft.

$775,500

Airbnb cash on cash: 0.04%

Traditional cash on cash: 2.32%

Airbnb Rental Income: $1611

Traditional Rental Income: $2800

Airbnb ROI: 0.04%

Traditional ROI: 2.32%

11320 W Ferndale Dr

Manitou Beach, MI

3 beds | 2 baths | 1,664 sq.ft.

$559,000

Airbnb cash on cash: -0.5%

Traditional cash on cash: 0.9%

Airbnb Rental Income: $1611

Traditional Rental Income: $1884

Airbnb ROI: -0.5%