Real Estate Investment Properties for Sale in Newaygo, MI

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
7649 Main Street Newaygo, MI Fantastic views and deeded access to the Muskegon River. Enjoy the recreation of life on t...	3 beds \| 2 baths \| 1,900 sq.ft.	$265,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.01% Airbnb Rental Income: $null Traditional Rental Income: $2597 Airbnb ROI: N/A Traditional ROI: 8.01%
5705 Centerline Road Newaygo, MI This spacious manufactured home offers the ideal lakefront lifestyle with room to roam, bo...	3 beds \| 2 baths \| 2,240 sq.ft.	$324,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.34% Airbnb Rental Income: $null Traditional Rental Income: $2873 Airbnb ROI: N/A Traditional ROI: 7.34%
8861 S Big Buck Lane Newaygo, MI This extraordinary property is more than a home; it's a lifestyle. Situated on 6.58 privat...	5 beds \| 2 baths \| 2,890 sq.ft.	$550,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.35% Airbnb Rental Income: $null Traditional Rental Income: $3168 Airbnb ROI: N/A Traditional ROI: 4.35%
6716 Chapman Avenue Newaygo, MI Welcome to this charming cottage/home featuring an open floor plan and a private backyard-...	1 beds \| 1 baths \| 400 sq.ft.	$115,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.25% Airbnb Rental Income: $null Traditional Rental Income: $946 Airbnb ROI: N/A Traditional ROI: 6.25%
737 W North Hills Court Newaygo, MI Welcome to this beautiful and spacious 4-bedroom home, with the potential for a 5th bedroo...	4 beds \| 3 baths \| 2,597 sq.ft.	$392,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.5% Airbnb Rental Income: $null Traditional Rental Income: $3409 Airbnb ROI: N/A Traditional ROI: 6.5%
10674 W County Line Road Newaygo, MI Welcome to 10674 N West County Line Rd- a peaceful 5-acre country retreat offering space, ...	2 beds \| 2 baths \| 896 sq.ft.	$159,947	Airbnb cash on cash: N/A Traditional cash on cash: 9.67% Airbnb Rental Income: $null Traditional Rental Income: $1800 Airbnb ROI: N/A Traditional ROI: 9.67%
8478 Vista Drive Newaygo, MI NEW CONSTRUCTION - Some finishing options are still available for you to customize.	2 beds \| 1 baths \| 960 sq.ft.	$225,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.39% Airbnb Rental Income: $null Traditional Rental Income: $1197 Airbnb ROI: N/A Traditional ROI: 3.39%
8440 S Felch Avenue Newaygo, MI Stunningly beautiful, this 2,500 square foot riverfront home spans nearly 5 acres and boas...	4 beds \| 3 baths \| 2,468 sq.ft.	$650,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.72% Airbnb Rental Income: $null Traditional Rental Income: $3410 Airbnb ROI: N/A Traditional ROI: 3.72%
3990 E Croton Drive Newaygo, MI Welcome to 3990 E Croton Drive, a handcrafted Maple Island log home offering over 3,000 sq...	3 beds \| 2 baths \| 3,115 sq.ft.	$549,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.48% Airbnb Rental Income: $null Traditional Rental Income: $2959 Airbnb ROI: N/A Traditional ROI: 3.48%
4468 Teal Lane Newaygo, MI Welcome to your serene getaway on the Mighty Muskegon River! This charming two-bedroom cot...	3 beds \| 2 baths \| 1,300 sq.ft.	$335,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.87% Airbnb Rental Income: $null Traditional Rental Income: $2246 Airbnb ROI: N/A Traditional ROI: 4.87%
8182 Hardy Drive Newaygo, MI Hardy Pond / Muskegon River Property Well-kept property with deeded access to All-Sports H...	2 beds \| 1 baths \| 766 sq.ft.	$159,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.03% Airbnb Rental Income: $null Traditional Rental Income: $1398 Airbnb ROI: N/A Traditional ROI: 7.03%
5752 E 52ND Street Newaygo, MI This could be your opportunity to enjoy lake life!! Just under an acre of land with 82' of...	2 beds \| 1 baths \| 700 sq.ft.	$199,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.3% Airbnb Rental Income: $null Traditional Rental Income: $1578 Airbnb ROI: N/A Traditional ROI: 6.3%
568 N River Hills Drive Newaygo, MI Welcome to 568 N River Hills Drive in beautiful Newaygo! This meticulously cared for home ...	3 beds \| 2 baths \| 2,137 sq.ft.	$349,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.97% Airbnb Rental Income: $null Traditional Rental Income: $3122 Airbnb ROI: N/A Traditional ROI: 6.97%
9500 Annie Lane Newaygo, MI Escape to peaceful country living at 9500 Annie Lane in Newaygo! This beautifully maintain...	5 beds \| 4 baths \| 4,006 sq.ft.	$599,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.19% Airbnb Rental Income: $null Traditional Rental Income: $3864 Airbnb ROI: N/A Traditional ROI: 5.19%
6306 E Carrigan Court Newaygo, MI Looking for the perfect waterfront retreat on Croton Pond? This charming 3-bedroom, 2-bath...	3 beds \| 2 baths \| 1,680 sq.ft.	$399,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.6% Airbnb Rental Income: $null Traditional Rental Income: $2711 Airbnb ROI: N/A Traditional ROI: 4.6%
4077 2nd Avenue Newaygo, MI *Seller will contribute up to $5000 towards concessions for buyer closing cost! Welcome to...	2 beds \| 1 baths \| 752 sq.ft.	$155,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.06% Airbnb Rental Income: $null Traditional Rental Income: $1314 Airbnb ROI: N/A Traditional ROI: 6.06%
5892 S Carrigan Drive Newaygo, MI Introducing this cute & cozy 3-bedroom 2-bath ranch home boasting over 2,500 sq. ft. and o...	3 beds \| 2 baths \| 2,520 sq.ft.	$454,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.32% Airbnb Rental Income: $null Traditional Rental Income: $2738 Airbnb ROI: N/A Traditional ROI: 4.32%
86 W State Road Newaygo, MI Motivated seller and quick close available-bring your offer! SELLER IS OFFERING A TEMPORAR...	5 beds \| 2 baths \| 2,251 sq.ft.	$290,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.52% Airbnb Rental Income: $null Traditional Rental Income: $3269 Airbnb ROI: N/A Traditional ROI: 9.52%
7842 Main Street Newaygo, MI Welcome to Devil's Hole on the world renowned Muskegon River where you'll find this incred...	5 beds \| 2 baths \| 2,448 sq.ft.	$650,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.24% Airbnb Rental Income: $null Traditional Rental Income: $3133 Airbnb ROI: N/A Traditional ROI: 3.24%
3730 Mary Avenue Newaygo, MI Tucked away on a private road, this freshly updated 3 bedroom, 2 bath home offers both com...	3 beds \| 2 baths \| 1,010 sq.ft.	$159,900	Airbnb cash on cash: N/A Traditional cash on cash: 10.24% Airbnb Rental Income: $null Traditional Rental Income: $1907 Airbnb ROI: N/A Traditional ROI: 10.24%
7952 S Main Street Newaygo, MI BELOW APPRAISAL AND A HOME WARRANTY. This home offers everything the Muskegon River has to...	3 beds \| 2 baths \| 2,634 sq.ft.	$594,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.4% Airbnb Rental Income: $null Traditional Rental Income: $3125 Airbnb ROI: N/A Traditional ROI: 3.4%
1570 E Croton Drive Newaygo, MI Escape to peaceful country living with this beautifully maintained 3-bedroom, 2-bath ranch...	3 beds \| 2 baths \| 1,180 sq.ft.	$359,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.25% Airbnb Rental Income: $null Traditional Rental Income: $2051 Airbnb ROI: N/A Traditional ROI: 4.25%
5980 E Division Street Newaygo, MI Perfect for those looking for a vacation home, Short Term Rental, or just want to live sur...	3 beds \| 3 baths \| 2,093 sq.ft.	$460,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.86% Airbnb Rental Income: $null Traditional Rental Income: $3328 Airbnb ROI: N/A Traditional ROI: 5.86%
7308 E 76th Street Newaygo, MI This beautifully situated home sits on 10.79 wooded acres bordering Manistee National Fore...	5 beds \| 3 baths \| 2,980 sq.ft.	$309,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.48% Airbnb Rental Income: $null Traditional Rental Income: $3406 Airbnb ROI: N/A Traditional ROI: 9.48%
202 S Clay Street Newaygo, MI Welcome to 202 S Clay St - a well-situated home offering an exceptional blend of comfort, ...	2 beds \| 1 baths \| 1,000 sq.ft.	$249,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.81% Airbnb Rental Income: $null Traditional Rental Income: $1637 Airbnb ROI: N/A Traditional ROI: 4.81%
7110 S Thornapple Avenue Newaygo, MI Welcome to your ultimate Michigan nature retreat! This exceptional property offers unparal...	3 beds \| 2 baths \| 1,404 sq.ft.	$340,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.51% Airbnb Rental Income: $null Traditional Rental Income: $2342 Airbnb ROI: N/A Traditional ROI: 5.51%
7788 E 36th Street Newaygo, MI New Construction Ranch Near Hardy Pond, Dragon Trail & Oxbow Park! This brand-new 2-bedroo...	2 beds \| 1 baths \| 960 sq.ft.	$229,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.87% Airbnb Rental Income: $null Traditional Rental Income: $1699 Airbnb ROI: N/A Traditional ROI: 4.87%
3955 N River Drive Newaygo, MI Welcome to peaceful country living on 4.29 acres in Newaygo! This charming 3 bedroom, 1 ba...	3 beds \| 1 baths \| 960 sq.ft.	$229,999	Airbnb cash on cash: N/A Traditional cash on cash: 5.17% Airbnb Rental Income: $null Traditional Rental Income: $1686 Airbnb ROI: N/A Traditional ROI: 5.17%
5909 E 92nd Street Newaygo, MI Discover the joy of lakefront living on beautiful, all-sports Bill's Lake! This inviting 5...	5 beds \| 2 baths \| 2,820 sq.ft.	$1,064,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.67% Airbnb Rental Income: $null Traditional Rental Income: $3120 Airbnb ROI: N/A Traditional ROI: 0.67%
31 N Fair Street Newaygo, MI Charming Fully Renovated Home in the Heart of Newaygo! Seller offering up to $5,000 toward...	3 beds \| 1 baths \| 1,025 sq.ft.	$225,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.93% Airbnb Rental Income: $null Traditional Rental Income: $1731 Airbnb ROI: N/A Traditional ROI: 5.93%
100 W Brooks Street Newaygo, MI This adorable ranch-style home is located in the heart of Newaygo. The main level features...	4 beds \| 2 baths \| 1,685 sq.ft.	$289,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.98% Airbnb Rental Income: $null Traditional Rental Income: $2439 Airbnb ROI: N/A Traditional ROI: 6.98%
5710 Pear Avenue Newaygo, MI Welcome to this beautifully remodeled 2-bedroom home with stunning water frontage on Croto...	2 beds \| 1 baths \| 1,248 sq.ft.	$219,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.85% Airbnb Rental Income: $null Traditional Rental Income: $1135 Airbnb ROI: N/A Traditional ROI: 3.85%

Real Estate investment in Newaygo, MI

There are 44 properties for sale in the city of Newaygo . The median list price in Newaygo is $229,999 and the average price per square foot is $167. In January 2026, the average monthly cash on cash return in Newaygo is 6.00%. The average monthly rental income in Newaygo is $1,862.

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

There are 44 investment properties available for sale in Newaygo.

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

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

Your search for investment property begins and ends here

Investment Property for Sale in Newaygo, MI

7649 Main Street

Newaygo, MI

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

$265,000

Airbnb cash on cash: N/A

Traditional cash on cash: 8.01%

Airbnb Rental Income: $null

Traditional Rental Income: $2597

Airbnb ROI: N/A

Traditional ROI: 8.01%

5705 Centerline Road

Newaygo, MI

3 beds | 2 baths | 2,240 sq.ft.

$324,900

Airbnb cash on cash: N/A

Traditional cash on cash: 7.34%

Airbnb Rental Income: $null

Traditional Rental Income: $2873

Airbnb ROI: N/A

Traditional ROI: 7.34%

8861 S Big Buck Lane

Newaygo, MI

5 beds | 2 baths | 2,890 sq.ft.

$550,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.35%

Airbnb Rental Income: $null

Traditional Rental Income: $3168

Airbnb ROI: N/A

Traditional ROI: 4.35%

6716 Chapman Avenue

Newaygo, MI

1 beds | 1 baths | 400 sq.ft.

$115,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.25%

Airbnb Rental Income: $null

Traditional Rental Income: $946

Airbnb ROI: N/A

Traditional ROI: 6.25%

737 W North Hills Court

Newaygo, MI

4 beds | 3 baths | 2,597 sq.ft.

$392,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.5%

Airbnb Rental Income: $null

Traditional Rental Income: $3409

Airbnb ROI: N/A

Traditional ROI: 6.5%

10674 W County Line Road

Newaygo, MI

2 beds | 2 baths | 896 sq.ft.

$159,947

Airbnb cash on cash: N/A

Traditional cash on cash: 9.67%

Airbnb Rental Income: $null

Traditional Rental Income: $1800

Airbnb ROI: N/A

Traditional ROI: 9.67%

8478 Vista Drive

Newaygo, MI

2 beds | 1 baths | 960 sq.ft.

$225,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.39%

Airbnb Rental Income: $null

Traditional Rental Income: $1197

Airbnb ROI: N/A

Traditional ROI: 3.39%

8440 S Felch Avenue

Newaygo, MI

4 beds | 3 baths | 2,468 sq.ft.

$650,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.72%

Airbnb Rental Income: $null

Traditional Rental Income: $3410

Airbnb ROI: N/A