Real Estate Investment Properties for Sale in Michigamme, MI

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
19495 S Nestoria Rd Michigamme, MI Major price reduction! Seller retiring and highly motivated! This is your chance to secur...	4 beds \| N/A baths \| 748 sq.ft.	$500,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.9% Airbnb Rental Income: $null Traditional Rental Income: $2162 Airbnb ROI: N/A Traditional ROI: 1.9%
24773 Pine Ave Michigamme, MI Nestled along the sandy shoreline of Ruth Lake, this inviting cottage offers a peaceful se...	2 beds \| 3 baths \| 1,495 sq.ft.	$440,000	Airbnb cash on cash: N/A Traditional cash on cash: 4% Airbnb Rental Income: $null Traditional Rental Income: $2784 Airbnb ROI: N/A Traditional ROI: 4%
21415 Petticoat Lake Rd Michigamme, MI 21415 Petticoat Rd, Michigamme, MI 49861 \| Other	N/A beds \| N/A baths \| N/A	$135,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.67% Airbnb Rental Income: $null Traditional Rental Income: $894 Airbnb ROI: N/A Traditional ROI: 3.67%
28278 E Fence Rd Michigamme, MI Private 14.2-Acre Waterfront Sanctuary. Seclusion and luxury await you at this handcrafted...	4 beds \| 3 baths \| 3,712 sq.ft.	$1,595,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.55% Airbnb Rental Income: $null Traditional Rental Income: $3078 Airbnb ROI: N/A Traditional ROI: -0.55%
Investment Properties for Sale in Other Cities of Michigan
66 WINDER Street #332 Detroit , MI Beautiful Corner Loft with Amazing Views of Downtown Skyline. Located in Popular Brush Par...	2 beds \| 2 baths \| 1,446 sq.ft.	$435,000	Airbnb cash on cash: -0.9% Traditional cash on cash: 3.34% Airbnb Rental Income: $1388 Traditional Rental Income: $2697 Airbnb ROI: -0.9% Traditional ROI: 3.34%
2125 Kensington Park Circle Holland , MI OPEN SAT: 5/9 12pm-2pm. Enjoy carefree living in a convenient location, with this stand-al...	3 beds \| 3 baths \| 2,013 sq.ft.	$349,900	Airbnb cash on cash: 1.42% Traditional cash on cash: 9.85% Airbnb Rental Income: $1830 Traditional Rental Income: $4106 Airbnb ROI: 1.42% Traditional ROI: 9.85%
3201 Asher Road Ann Arbor , MI Discover this premium Berkshire Creek end-unit home, where modern design meets everyday ea...	2 beds \| 3 baths \| 2,179 sq.ft.	$447,000	Airbnb cash on cash: -1.8% Traditional cash on cash: 2.06% Airbnb Rental Income: $1260 Traditional Rental Income: $2475 Airbnb ROI: -1.8% Traditional ROI: 2.06%
1919 Dexter Avenue Ann Arbor , MI Welcome to 1919 Dexter Avenue - a charming and move-in ready home in the prime west-side l...	3 beds \| 2 baths \| 1,144 sq.ft.	$479,900	Airbnb cash on cash: -0.32% Traditional cash on cash: 0.81% Airbnb Rental Income: $1765 Traditional Rental Income: $1790 Airbnb ROI: -0.32% Traditional ROI: 0.81%
2354 Erickson Drive Troy , MI FINAL AND BEST DUE at 6PM 5/5/26 Beautifully maintained 4-bedroom, 3-bath split-level home...	4 beds \| 3 baths \| 2,495 sq.ft.	$569,900	Airbnb cash on cash: -0.81% Traditional cash on cash: 3.21% Airbnb Rental Income: $1194 Traditional Rental Income: $2943 Airbnb ROI: -0.81% Traditional ROI: 3.21%
1217 El Camino Drive NW Grand Rapids , MI Exceptional residence offering a rare sense of privacy and a refined, collected aesthetic,...	4 beds \| 5 baths \| 4,689 sq.ft.	$699,900	Airbnb cash on cash: 0.63% Traditional cash on cash: 6.05% Airbnb Rental Income: $2358 Traditional Rental Income: $5313 Airbnb ROI: 0.63% Traditional ROI: 6.05%
1689 Morning Dew Drive SW Byron Center , MI You will LOVE this Farmhouse-style 2 story home nestled in the very sought-after Byron Cen...	4 beds \| 4 baths \| 2,650 sq.ft.	$445,000	Airbnb cash on cash: 1.58% Traditional cash on cash: 5.35% Airbnb Rental Income: $2207 Traditional Rental Income: $3223 Airbnb ROI: 1.58% Traditional ROI: 5.35%
7409 2nd Avenue #8 Detroit , MI Enjoy easy city living in the heart of New Center, just steps from the iconic Fisher Build...	1 beds \| 1 baths \| 760 sq.ft.	$150,000	Airbnb cash on cash: -5.56% Traditional cash on cash: -2.06% Airbnb Rental Income: $633 Traditional Rental Income: $840 Airbnb ROI: -5.56% Traditional ROI: -2.06%
108 Henderson Place Cadillac , MI NOT FOR RENT: Even more adorable and cozy than it looks! This turn key tiny home is well b...	1 beds \| 1 baths \| 400 sq.ft.	$143,700	Airbnb cash on cash: -0.09% Traditional cash on cash: 3% Airbnb Rental Income: $598 Traditional Rental Income: $735 Airbnb ROI: -0.09% Traditional ROI: 3%
549 Detroit Street Au Gres , MI Over 88' of frontage along the Au Gres River awaits with this riverfront property! Just a ...	2 beds \| 1 baths \| 1,248 sq.ft.	$234,900	Airbnb cash on cash: -1% Traditional cash on cash: 5.4% Airbnb Rental Income: $663 Traditional Rental Income: $1785 Airbnb ROI: -1% Traditional ROI: 5.4%
2839 Ruby Street Traverse City , MI Welcome to 2839 Ruby St, a stunning new home in one of Traverse Cityâs most sought-after...	3 beds \| 3 baths \| 1,626 sq.ft.	$454,690	Airbnb cash on cash: 2.16% Traditional cash on cash: 3.53% Airbnb Rental Income: $2358 Traditional Rental Income: $2358 Airbnb ROI: 2.16% Traditional ROI: 3.53%
7090 Nancy K Drive Hale , MI This exceptional property offers a meticulously maintained home with numerous modern updat...	3 beds \| 3 baths \| 3,264 sq.ft.	$440,000	Airbnb cash on cash: -1.97% Traditional cash on cash: 4.58% Airbnb Rental Income: $796 Traditional Rental Income: $3170 Airbnb ROI: -1.97% Traditional ROI: 4.58%
1706 W Michigan Mount Pleasant , MI Adorable two-bedroom home in the city of Mt. Pleasant! The wood floors were refinished in...	2 beds \| 1 baths \| 832 sq.ft.	$138,000	Airbnb cash on cash: -0.01% Traditional cash on cash: 6.84% Airbnb Rental Income: $703 Traditional Rental Income: $1304 Airbnb ROI: -0.01% Traditional ROI: 6.84%

Real Estate investment in Michigamme, MI

There are 4 properties for sale in the city of Michigamme . The median list price in Michigamme is $440,000 and the average price per square foot is $402. In May 2026, the average monthly cash on cash return in Michigamme is 4.00%. The average monthly rental income in Michigamme is $2,162.

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

There are 4 investment properties available for sale in Michigamme.

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

The ROI for Short-Term is higher than the Long-Term in Michigamme with average rental income of $N/A.

Your search for investment property begins and ends here

Investment Property for Sale in Michigamme, MI

19495 S Nestoria Rd

Michigamme, MI

4 beds | N/A baths | 748 sq.ft.

$500,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.9%

Airbnb Rental Income: $null

Traditional Rental Income: $2162

Airbnb ROI: N/A

Traditional ROI: 1.9%

24773 Pine Ave

Michigamme, MI

2 beds | 3 baths | 1,495 sq.ft.

$440,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4%

Airbnb Rental Income: $null

Traditional Rental Income: $2784

Airbnb ROI: N/A

Traditional ROI: 4%

21415 Petticoat Lake Rd

Michigamme, MI

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

$135,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.67%

Airbnb Rental Income: $null

Traditional Rental Income: $894

Airbnb ROI: N/A

Traditional ROI: 3.67%

28278 E Fence Rd

Michigamme, MI

4 beds | 3 baths | 3,712 sq.ft.

$1,595,000

Airbnb cash on cash: N/A

Traditional cash on cash: -0.55%

Airbnb Rental Income: $null

Traditional Rental Income: $3078

Airbnb ROI: N/A

Traditional ROI: -0.55%

Investment Properties for Sale in Other Cities of Michigan

Detroit , MI

2 beds | 2 baths | 1,446 sq.ft.

$435,000

Airbnb cash on cash: -0.9%

Traditional cash on cash: 3.34%

Airbnb Rental Income: $1388

Traditional Rental Income: $2697

Airbnb ROI: -0.9%

Traditional ROI: 3.34%

Holland , MI

3 beds | 3 baths | 2,013 sq.ft.

$349,900

Airbnb cash on cash: 1.42%

Traditional cash on cash: 9.85%

Airbnb Rental Income: $1830

Traditional Rental Income: $4106

Airbnb ROI: 1.42%

Traditional ROI: 9.85%

Ann Arbor , MI

2 beds | 3 baths | 2,179 sq.ft.

$447,000

Airbnb cash on cash: -1.8%

Traditional cash on cash: 2.06%

Airbnb Rental Income: $1260

Traditional Rental Income: $2475

Airbnb ROI: -1.8%

Traditional ROI: 2.06%

Ann Arbor , MI

3 beds | 2 baths | 1,144 sq.ft.

$479,900

Airbnb cash on cash: -0.32%

Traditional cash on cash: 0.81%

Airbnb Rental Income: $1765

Traditional Rental Income: $1790

Airbnb ROI: -0.32%

Traditional ROI: 0.81%

Troy , MI

4 beds | 3 baths | 2,495 sq.ft.