Real Estate Investment Properties for Sale in Paradise, MI

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
13405 N Robindale Cir Paradise, MI Sitting among mature pine trees on 1.5+- acres of land, is where you will find your new ho...	2 beds \| 1 baths \| 1,070 sq.ft.	$240,000	Airbnb cash on cash: 7.6% Traditional cash on cash: 4.57% Airbnb Rental Income: $3000 Traditional Rental Income: $1624 Airbnb ROI: 7.6% Traditional ROI: 4.57%
15718 N Blueberry Lane Paradise, MI Welcome to Blueberry Cottage, a beautifully appointed coastal retreat on the shores of Whi...	4 beds \| 2 baths \| 1,384 sq.ft.	$675,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.27% Airbnb Rental Income: $null Traditional Rental Income: $2546 Airbnb ROI: N/A Traditional ROI: 2.27%
10421 N Whitefish Point Rd Paradise, MI INCOME POTENTIAL MEETS U.P. ADVENTURE: Wake up to breathtaking sunrises over Whitefish Bay...	2 beds \| 1 baths \| 1,200 sq.ft.	$289,900	Airbnb cash on cash: 6.54% Traditional cash on cash: 5.11% Airbnb Rental Income: $3000 Traditional Rental Income: $1920 Airbnb ROI: 6.54% Traditional ROI: 5.11%
7837 M-123 Paradise, MI Feel at home in this well built, turnkey Paradise home. Extremely clean & stylish home has...	3 beds \| 2 baths \| 1,200 sq.ft.	$295,000	Airbnb cash on cash: 3.67% Traditional cash on cash: 6.06% Airbnb Rental Income: $2050 Traditional Rental Income: $2184 Airbnb ROI: 3.67% Traditional ROI: 6.06%
7492 N M-123 Paradise, MI RARE LAKE SUPERIOR OPPORTUNITY! PROPERTIES OFFERING 300 FEET OF SHORELINE FRONTAGE, 2.6 PR...	3 beds \| 1 baths \| 972 sq.ft.	$475,000	Airbnb cash on cash: 0.68% Traditional cash on cash: 1.6% Airbnb Rental Income: $2050 Traditional Rental Income: $1928 Airbnb ROI: 0.68% Traditional ROI: 1.6%
34923 W Station S Rd Paradise, MI Spectacular views from your own remote retreat. This unique cabin sits upon a high ridge t...	2 beds \| 1 baths \| 1,182 sq.ft.	$325,000	Airbnb cash on cash: 5.97% Traditional cash on cash: 4.19% Airbnb Rental Income: $3000 Traditional Rental Income: $1769 Airbnb ROI: 5.97% Traditional ROI: 4.19%
105 S M123 Paradise, MI South of Paradise on M123 sits a place well known by many. A 1950s white log cabin with a ...	2 beds \| 1 baths \| 469 sq.ft.	$269,900	Airbnb cash on cash: 6.2% Traditional cash on cash: 2.01% Airbnb Rental Income: $3000 Traditional Rental Income: $1245 Airbnb ROI: 6.2% Traditional ROI: 2.01%
5252 N M 123 Paradise, MI 110 feet of Whitefish Bay's breathtaking waterfront. With over 1500 sq feet of living spac...	3 beds \| 2 baths \| 1,594 sq.ft.	$399,900	Airbnb cash on cash: 1.51% Traditional cash on cash: 4.76% Airbnb Rental Income: $2050 Traditional Rental Income: $2739 Airbnb ROI: 1.51% Traditional ROI: 4.76%
32056 W Pal Rd Paradise, MI In the perfect location for outdoor enthusiast, you will find your cabin in Paradise. This...	2 beds \| 1 baths \| 1,033 sq.ft.	$225,000	Airbnb cash on cash: 8.51% Traditional cash on cash: 5.55% Airbnb Rental Income: $3000 Traditional Rental Income: $1680 Airbnb ROI: 8.51% Traditional ROI: 5.55%
7930 N Tahq Trl Paradise, MI Welcome to Camp 22 on 150 feet of Whitefish Bay shoreline - a charming log home steeped in...	4 beds \| 1 baths \| 1,170 sq.ft.	$465,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.26% Airbnb Rental Income: $null Traditional Rental Income: $2100 Airbnb ROI: N/A Traditional ROI: 2.26%
9118 N Whitefish Point Rd Paradise, MI Just a mile north of town, this delightful 3 bedroom 2 1/2 bath home resides in a park-lik...	3 beds \| 3 baths \| 1,800 sq.ft.	$685,000	Airbnb cash on cash: 0.44% Traditional cash on cash: 2.97% Airbnb Rental Income: $2050 Traditional Rental Income: $3131 Airbnb ROI: 0.44% Traditional ROI: 2.97%
8271 M-123 Paradise, MI Unique live-work opportunity in the heart of Paradise! This 3-bedroom, 1-bath year-round h...	3 beds \| 1 baths \| 905 sq.ft.	$449,900	Airbnb cash on cash: 1.67% Traditional cash on cash: 2.24% Airbnb Rental Income: $2050 Traditional Rental Income: $1760 Airbnb ROI: 1.67% Traditional ROI: 2.24%
32023 W Vermillion Rd Paradise, MI Close enough to hear the waves but protected from the wind is your where you will find you...	3 beds \| 2 baths \| 1,536 sq.ft.	$325,000	Airbnb cash on cash: 3.1% Traditional cash on cash: 6.48% Airbnb Rental Income: $2050 Traditional Rental Income: $2554 Airbnb ROI: 3.1% Traditional ROI: 6.48%
36271 W Tahquamenon Trl Paradise, MI A rare opportunity to own 200 feet of frontage on one of the most scenic and sought-after ...	4 beds \| 4 baths \| 2,016 sq.ft.	$350,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.51% Airbnb Rental Income: $null Traditional Rental Income: $4018 Airbnb ROI: N/A Traditional ROI: 10.51%
7240 N M 123 Paradise, MI Enchanting, Waterfront Chalet sitting on Lake Superior's Whitefish Bay. This 752 sq ft hom...	1 beds \| 1 baths \| 752 sq.ft.	$345,000	Airbnb cash on cash: -0.39% Traditional cash on cash: 3.14% Airbnb Rental Income: $949 Traditional Rental Income: $1743 Airbnb ROI: -0.39% Traditional ROI: 3.14%
32098 W Pal Rd Paradise, MI Welcome to the ultimate Upper Peninsula escape! Nestled on 1 private wooded acre, this ful...	1 beds \| 1 baths \| 200 sq.ft.	$105,000	Airbnb cash on cash: 3.23% Traditional cash on cash: 8.78% Airbnb Rental Income: $949 Traditional Rental Income: $1168 Airbnb ROI: 3.23% Traditional ROI: 8.78%
38676 W Schroder Ln Paradise, MI Escape to your own slice of the Upper Peninsula with this charming off-grid log cabin nest...	1 beds \| 1 baths \| 900 sq.ft.	$155,000	Airbnb cash on cash: 2.23% Traditional cash on cash: 8.13% Airbnb Rental Income: $949 Traditional Rental Income: $1476 Airbnb ROI: 2.23% Traditional ROI: 8.13%

Real Estate investment in Paradise, MI

There are 17 properties for sale in the city of Paradise . The median list price in Paradise is $310,000 and the average price per square foot is $281. In June 2026, the average monthly cash on cash return in Paradise is 5.00%. The average monthly rental income in Paradise is $1,845.

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

There are 17 investment properties available for sale in Paradise.

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

The ROI for Long-Term is higher than the Short-Term in Paradise with average rental income of $1,845.

Your search for investment property begins and ends here

Investment Property for Sale in Paradise, MI

13405 N Robindale Cir

Paradise, MI

2 beds | 1 baths | 1,070 sq.ft.

$240,000

Airbnb cash on cash: 7.6%

Traditional cash on cash: 4.57%

Airbnb Rental Income: $3000

Traditional Rental Income: $1624

Airbnb ROI: 7.6%

Traditional ROI: 4.57%

15718 N Blueberry Lane

Paradise, MI

4 beds | 2 baths | 1,384 sq.ft.

$675,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.27%

Airbnb Rental Income: $null

Traditional Rental Income: $2546

Airbnb ROI: N/A

Traditional ROI: 2.27%

10421 N Whitefish Point Rd

Paradise, MI

2 beds | 1 baths | 1,200 sq.ft.

$289,900

Airbnb cash on cash: 6.54%

Traditional cash on cash: 5.11%

Airbnb Rental Income: $3000

Traditional Rental Income: $1920

Airbnb ROI: 6.54%

Traditional ROI: 5.11%

7837 M-123

Paradise, MI

3 beds | 2 baths | 1,200 sq.ft.

$295,000

Airbnb cash on cash: 3.67%

Traditional cash on cash: 6.06%

Airbnb Rental Income: $2050

Traditional Rental Income: $2184

Airbnb ROI: 3.67%

Traditional ROI: 6.06%

7492 N M-123

Paradise, MI

3 beds | 1 baths | 972 sq.ft.

$475,000

Airbnb cash on cash: 0.68%

Traditional cash on cash: 1.6%

Airbnb Rental Income: $2050

Traditional Rental Income: $1928

Airbnb ROI: 0.68%

Traditional ROI: 1.6%

34923 W Station S Rd

Paradise, MI

2 beds | 1 baths | 1,182 sq.ft.

$325,000

Airbnb cash on cash: 5.97%

Traditional cash on cash: 4.19%

Airbnb Rental Income: $3000

Traditional Rental Income: $1769

Airbnb ROI: 5.97%

Traditional ROI: 4.19%

105 S M123

Paradise, MI

2 beds | 1 baths | 469 sq.ft.

$269,900

Airbnb cash on cash: 6.2%

Traditional cash on cash: 2.01%

Airbnb Rental Income: $3000

Traditional Rental Income: $1245

Airbnb ROI: 6.2%

Traditional ROI: 2.01%

5252 N M 123

Paradise, MI

3 beds | 2 baths | 1,594 sq.ft.

$399,900

Airbnb cash on cash: 1.51%

Traditional cash on cash: 4.76%

Airbnb Rental Income: $2050

Traditional Rental Income: $2739

Airbnb ROI: 1.51%