Real Estate Investment Properties for Sale in Onekama, MI

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
8195 Fifth Street Onekama, MI Step into timeless charm with this beautifully preserved Victorian in the heart of Onekama...	N/A beds \| N/A baths \| 2,056 sq.ft.	$749,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.09% Airbnb Rental Income: $null Traditional Rental Income: $3321 Airbnb ROI: N/A Traditional ROI: 2.09%
4990 Main St Onekama, MI The opportunities are endless with this 3 bedroom 1 & 1/2 bath home with attached one car ...	3 beds \| 1 baths \| 2,500 sq.ft.	$365,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.68% Airbnb Rental Income: $null Traditional Rental Income: $2702 Airbnb ROI: N/A Traditional ROI: 4.68%
4642 Main St Onekama, MI Rare investment opportunity on Portage Lake along scenic M-22! This recently renovated pro...	8 beds \| 4 baths \| 3,612 sq.ft.	$1,200,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.51% Airbnb Rental Income: $null Traditional Rental Income: $2475 Airbnb ROI: N/A Traditional ROI: 0.51%
8377 Zosel St Onekama, MI Embrace the Northern Michigan lifestyle in Onekama-Cape Cod 4-bedroom, 3-bathroom, Attache...	4 beds \| 3 baths \| 2,125 sq.ft.	$260,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.61% Airbnb Rental Income: $null Traditional Rental Income: $2997 Airbnb ROI: N/A Traditional ROI: 9.61%
4472 Crescent Beach Road Onekama, MI Portage Lake with opportunities! 205 feet of Portage Lake frontage with a Residence, Effi...	3 beds \| 2 baths \| 1,529 sq.ft.	$1,550,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.29% Airbnb Rental Income: $null Traditional Rental Income: $2361 Airbnb ROI: N/A Traditional ROI: 0.29%
4914 Main St Onekama, MI An opportunity to buy 2 commercial lots in the Village of Onekama, located across the stre...	3 beds \| 1 baths \| 970 sq.ft.	$172,500	Airbnb cash on cash: N/A Traditional cash on cash: 6.04% Airbnb Rental Income: $null Traditional Rental Income: $1505 Airbnb ROI: N/A Traditional ROI: 6.04%
8424 Third St Onekama, MI In the HEART OF ONEKAMA just up from M-22! This NEWLY RENOVATED 3 bd 1.5 bath home w 2-Car...	3 beds \| 1 baths \| 1,331 sq.ft.	$420,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.58% Airbnb Rental Income: $null Traditional Rental Income: $2220 Airbnb ROI: N/A Traditional ROI: 3.58%
8568 S Portage Point Dr #3 (DH 4) Onekama, MI Own your cottage at the historic Portage Point Inn & Marina beachfront resort. Partial vie...	1 beds \| 1 baths \| 230 sq.ft.	$128,500	Airbnb cash on cash: N/A Traditional cash on cash: 5.24% Airbnb Rental Income: $null Traditional Rental Income: $1026 Airbnb ROI: N/A Traditional ROI: 5.24%
8368 Portage Point Drive Onekama, MI Step back in time while enjoying modern comforts in this beautifully maintained 1912 cotta...	3 beds \| 2 baths \| 2,000 sq.ft.	$1,550,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.75% Airbnb Rental Income: $null Traditional Rental Income: $3397 Airbnb ROI: N/A Traditional ROI: 0.75%
7616 1st St Onekama, MI Rare opportunity to own one of Portage Lake's most breathtaking waterfront estates! This e...	5 beds \| 3 baths \| 2,960 sq.ft.	$1,575,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.95% Airbnb Rental Income: $null Traditional Rental Income: $5171 Airbnb ROI: N/A Traditional ROI: 1.95%
8195 5th St Onekama, MI Step into timeless charm with this beautifully preserved Victorian in the heart of Onekama...	5 beds \| 3 baths \| 2,056 sq.ft.	$749,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.66% Airbnb Rental Income: $null Traditional Rental Income: $2501 Airbnb ROI: N/A Traditional ROI: 1.66%

Real Estate investment in Onekama, MI

There are 23 properties for sale in the city of Onekama . The median list price in Onekama is $749,000 and the average price per square foot is $429. In February 2026, the average monthly cash on cash return in Onekama is 1.00%. The average monthly rental income in Onekama is $2,148.

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

There are 23 investment properties available for sale in Onekama.

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

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

Your search for investment property begins and ends here

Investment Property for Sale in Onekama, MI

8195 Fifth Street

Onekama, MI

N/A beds | N/A baths | 2,056 sq.ft.

$749,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.09%

Airbnb Rental Income: $null

Traditional Rental Income: $3321

Airbnb ROI: N/A

Traditional ROI: 2.09%

4990 Main St

Onekama, MI

3 beds | 1 baths | 2,500 sq.ft.

$365,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.68%

Airbnb Rental Income: $null

Traditional Rental Income: $2702

Airbnb ROI: N/A

Traditional ROI: 4.68%

4642 Main St

Onekama, MI

8 beds | 4 baths | 3,612 sq.ft.

$1,200,000

Airbnb cash on cash: N/A

Traditional cash on cash: 0.51%

Airbnb Rental Income: $null

Traditional Rental Income: $2475

Airbnb ROI: N/A

Traditional ROI: 0.51%

8377 Zosel St

Onekama, MI

4 beds | 3 baths | 2,125 sq.ft.

$260,000

Airbnb cash on cash: N/A

Traditional cash on cash: 9.61%

Airbnb Rental Income: $null

Traditional Rental Income: $2997

Airbnb ROI: N/A

Traditional ROI: 9.61%

4472 Crescent Beach Road

Onekama, MI

3 beds | 2 baths | 1,529 sq.ft.

$1,550,000

Airbnb cash on cash: N/A

Traditional cash on cash: 0.29%

Airbnb Rental Income: $null

Traditional Rental Income: $2361

Airbnb ROI: N/A

Traditional ROI: 0.29%

4914 Main St

Onekama, MI

3 beds | 1 baths | 970 sq.ft.

$172,500

Airbnb cash on cash: N/A

Traditional cash on cash: 6.04%

Airbnb Rental Income: $null

Traditional Rental Income: $1505

Airbnb ROI: N/A

Traditional ROI: 6.04%

8424 Third St

Onekama, MI

3 beds | 1 baths | 1,331 sq.ft.

$420,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.58%

Airbnb Rental Income: $null

Traditional Rental Income: $2220

Airbnb ROI: N/A

Traditional ROI: 3.58%

8568 S Portage Point Dr #3 (DH 4)

Onekama, MI

1 beds | 1 baths | 230 sq.ft.

$128,500

Airbnb cash on cash: N/A

Traditional cash on cash: 5.24%

Airbnb Rental Income: $null

Traditional Rental Income: $1026

Airbnb ROI: N/A