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
8484 Zosel Street Onekama, MI Easy living in the 2 Lake town of Onekama. Home sits on a street just up from M-22 & Port...	3 beds \| 2 baths \| 1,000 sq.ft.	$300,000	Airbnb cash on cash: 3.28% Traditional cash on cash: 4.1% Airbnb Rental Income: $2103 Traditional Rental Income: $1793 Airbnb ROI: 3.28% Traditional ROI: 4.1%
5015 Main Street Onekama, MI Wow! You really can have it all! Rental income plus a place for YOUR dock and YOUR boat on...	N/A beds \| N/A baths \| N/A	$495,000	Airbnb cash on cash: 1.41% Traditional cash on cash: 1.32% Airbnb Rental Income: $2462 Traditional Rental Income: $1825 Airbnb ROI: 1.41% Traditional ROI: 1.32%
5578 John Street Onekama, MI Picturesque setting on Schimke Creek with your own private island surrounded by water on t...	3 beds \| 2 baths \| 1,988 sq.ft.	$289,000	Airbnb cash on cash: 3.41% Traditional cash on cash: 8.53% Airbnb Rental Income: $2103 Traditional Rental Income: $2956 Airbnb ROI: 3.41% Traditional ROI: 8.53%
4880 Main Street Onekama, MI Beautifully Renovated Historic 5-Plex in the Heart of Onekama. This is a rare opportunity ...	N/A beds \| N/A baths \| N/A	$1,375,000	Airbnb cash on cash: -0.78% Traditional cash on cash: -1.03% Airbnb Rental Income: $2462 Traditional Rental Income: $1546 Airbnb ROI: -0.78% Traditional ROI: -1.03%
4507 Maidens Road Onekama, MI Welcome to your private slice of paradise! This beautifully maintained 3-bedroom, 2-bath h...	3 beds \| 2 baths \| 1,499 sq.ft.	$284,000	Airbnb cash on cash: 3.67% Traditional cash on cash: 6.29% Airbnb Rental Income: $2103 Traditional Rental Income: $2265 Airbnb ROI: 3.67% Traditional ROI: 6.29%
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: -0.32% Traditional cash on cash: 0.23% Airbnb Rental Income: $2103 Traditional Rental Income: $2361 Airbnb ROI: -0.32% Traditional ROI: 0.23%
4914 Main Street 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: 6.4% Traditional cash on cash: 6.04% Airbnb Rental Income: $2103 Traditional Rental Income: $1505 Airbnb ROI: 6.4% Traditional ROI: 6.04%
9155 Ivanhoe Drive Onekama, MI Exceptional 2108 sq ft of one floor living on nearly one acre of land, very close to Porta...	3 beds \| 3 baths \| 2,040 sq.ft.	$399,900	Airbnb cash on cash: 2.53% Traditional cash on cash: 6.06% Airbnb Rental Income: $2103 Traditional Rental Income: $2888 Airbnb ROI: 2.53% Traditional ROI: 6.06%
5094 Samerdar Drive Onekama, MI Tucked away on a quiet road in Onekama, this 4-bedroom ranch offers the space you need and...	4 beds \| 2 baths \| 2,197 sq.ft.	$415,000	Airbnb cash on cash: 6.36% Traditional cash on cash: 4.63% Airbnb Rental Income: $4186 Traditional Rental Income: $2629 Airbnb ROI: 6.36% Traditional ROI: 4.63%
3171 Midway Drive Onekama, MI Prime frontage on beautiful Portage Lake! This rare offering on North Point features 160' ...	4 beds \| 3 baths \| 2,571 sq.ft.	$750,000	Airbnb cash on cash: 2.83% Traditional cash on cash: 3.19% Airbnb Rental Income: $4186 Traditional Rental Income: $3552 Airbnb ROI: 2.83% Traditional ROI: 3.19%
4472 Crescent Beach Rd. Road Onekama, MI	3 beds \| 2 baths \| 1,529 sq.ft.	$1,550,000	Airbnb cash on cash: -0.27% Traditional cash on cash: 0.47% Airbnb Rental Income: $2103 Traditional Rental Income: $2626 Airbnb ROI: -0.27% Traditional ROI: 0.47%
7616 1st Onekama, MI New Price - $1,599,900! Unrivaled Lakefront Luxury â Panoramic Views of Portage Lake Wel...	5 beds \| 5 baths \| 1,776 sq.ft.	$1,599,900	Airbnb cash on cash: -0.73% Traditional cash on cash: 1.11% Airbnb Rental Income: $1641 Traditional Rental Income: $3917 Airbnb ROI: -0.73% Traditional ROI: 1.11%
8424 Third Street 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 \| 2 baths \| 1,331 sq.ft.	$459,000	Airbnb cash on cash: 1.66% Traditional cash on cash: 3.19% Airbnb Rental Income: $2103 Traditional Rental Income: $2220 Airbnb ROI: 1.66% Traditional ROI: 3.19%
8568 S Portage Point Drive #3 (DH 4) Onekama, MI Own your cottage at the historic Portage Point Inn & Marina beachfront resort. You have 3 ...	1 beds \| 1 baths \| 230 sq.ft.	$128,500	Airbnb cash on cash: 1.52% Traditional cash on cash: 5.24% Airbnb Rental Income: $906 Traditional Rental Income: $1026 Airbnb ROI: 1.52% Traditional ROI: 5.24%
8556 S Portage Point Drive #4 (DH3) Onekama, MI Own your cottage at the historic Portage Point Inn & Marina beachfront resort. You have 3 ...	1 beds \| 1 baths \| 240 sq.ft.	$128,500	Airbnb cash on cash: 2.63% Traditional cash on cash: 6.35% Airbnb Rental Income: $906 Traditional Rental Income: $1026 Airbnb ROI: 2.63% Traditional ROI: 6.35%
8368 Portage Point Drive Onekama, MI Step back in time while enjoying modern comforts in this beautifully maintained 1912 cotta...	3 beds \| 3 baths \| 2,000 sq.ft.	$1,699,000	Airbnb cash on cash: -0.57% Traditional cash on cash: 0.59% Airbnb Rental Income: $2103 Traditional Rental Income: $3397 Airbnb ROI: -0.57% Traditional ROI: 0.59%

Real Estate investment in Onekama, MI

There are 16 properties for sale in the city of Onekama . The median list price in Onekama is $407,450 and the average price per square foot is $268. In September 2025, the average monthly cash on cash return in Onekama is 4.00%. The average monthly rental income in Onekama is $2,313.

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

There are 16 investment properties available for sale in Onekama.

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

The ROI for Long-Term is higher than the Short-Term in Onekama with average rental income of $2,313.

Your search for investment property begins and ends here

Investment Property for Sale in Onekama, MI

8484 Zosel Street

Onekama, MI

3 beds | 2 baths | 1,000 sq.ft.

$300,000

Airbnb cash on cash: 3.28%

Traditional cash on cash: 4.1%

Airbnb Rental Income: $2103

Traditional Rental Income: $1793

Airbnb ROI: 3.28%

Traditional ROI: 4.1%

5015 Main Street

Onekama, MI

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

$495,000

Airbnb cash on cash: 1.41%

Traditional cash on cash: 1.32%

Airbnb Rental Income: $2462

Traditional Rental Income: $1825

Airbnb ROI: 1.41%

Traditional ROI: 1.32%

5578 John Street

Onekama, MI

3 beds | 2 baths | 1,988 sq.ft.

$289,000

Airbnb cash on cash: 3.41%

Traditional cash on cash: 8.53%

Airbnb Rental Income: $2103

Traditional Rental Income: $2956

Airbnb ROI: 3.41%

Traditional ROI: 8.53%

4880 Main Street

Onekama, MI

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

$1,375,000

Airbnb cash on cash: -0.78%

Traditional cash on cash: -1.03%

Airbnb Rental Income: $2462

Traditional Rental Income: $1546

Airbnb ROI: -0.78%

Traditional ROI: -1.03%

4507 Maidens Road

Onekama, MI

3 beds | 2 baths | 1,499 sq.ft.

$284,000

Airbnb cash on cash: 3.67%

Traditional cash on cash: 6.29%

Airbnb Rental Income: $2103

Traditional Rental Income: $2265

Airbnb ROI: 3.67%

Traditional ROI: 6.29%

4472 Crescent Beach Road

Onekama, MI

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

$1,550,000

Airbnb cash on cash: -0.32%

Traditional cash on cash: 0.23%

Airbnb Rental Income: $2103

Traditional Rental Income: $2361

Airbnb ROI: -0.32%

Traditional ROI: 0.23%

4914 Main Street

Onekama, MI

3 beds | 1 baths | 970 sq.ft.

$172,500

Airbnb cash on cash: 6.4%

Traditional cash on cash: 6.04%

Airbnb Rental Income: $2103

Traditional Rental Income: $1505

Airbnb ROI: 6.4%

Traditional ROI: 6.04%

9155 Ivanhoe Drive

Onekama, MI

3 beds | 3 baths | 2,040 sq.ft.

$399,900

Airbnb cash on cash: 2.53%

Traditional cash on cash: 6.06%

Airbnb Rental Income: $2103

Traditional Rental Income: $2888

Airbnb ROI: 2.53%