Real Estate Investment Properties for Sale in Pentwater, MI

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
5267 W Monroe Rd Pentwater, MI PENTWATER LAKE - 110' private frontage - Experience the pleasure of waterfront living on P...	3 beds \| 2 baths \| 2,054 sq.ft.	$1,050,000	Airbnb cash on cash: -0.69% Traditional cash on cash: 1.7% Airbnb Rental Income: $1481 Traditional Rental Income: $3379 Airbnb ROI: -0.69% Traditional ROI: 1.7%
5526 Longbridge Rd Pentwater, MI	6 beds \| 3 baths \| 2,297 sq.ft.	$425,000	Airbnb cash on cash: 3.23% Traditional cash on cash: 3.96% Airbnb Rental Income: $2943 Traditional Rental Income: $2553 Airbnb ROI: 3.23% Traditional ROI: 3.96%
5407 W Sioux Rd Pentwater, MI PENTWATER TWP - Stunning newer construction home in the highly desirable Apache Hills comm...	4 beds \| 2 baths \| 2,116 sq.ft.	$765,000	Airbnb cash on cash: -0.01% Traditional cash on cash: 2.68% Airbnb Rental Income: $1836 Traditional Rental Income: $3259 Airbnb ROI: -0.01% Traditional ROI: 2.68%
5164 Monroe Rd Pentwater, MI Unlock the potential of this rare 1.73-acre commercially zoned parcel with 251 feet of fro...	2 beds \| 1 baths \| 500 sq.ft.	$795,000	Airbnb cash on cash: -1.55% Traditional cash on cash: -0.07% Airbnb Rental Income: $967 Traditional Rental Income: $1712 Airbnb ROI: -1.55% Traditional ROI: -0.07%
6193 S Pere Marquette Hwy Pentwater, MI NEW HOME Build near LAKE MICHIGAN! BUILDER is offering a fully constructed 3bed/2bath MAIN...	3 beds \| 2 baths \| 1,248 sq.ft.	$349,800	Airbnb cash on cash: 1.76% Traditional cash on cash: 4.9% Airbnb Rental Income: $1481 Traditional Rental Income: $2077 Airbnb ROI: 1.76% Traditional ROI: 4.9%
6395 S Lakeshore Dr Pentwater, MI Design Your Home Masterpiece: Stripped to the Studs & Ready for Completion Experience the ...	1 beds \| N/A baths \| 2,500 sq.ft.	$224,900	Airbnb cash on cash: 2.36% Traditional cash on cash: 4.57% Airbnb Rental Income: $1405 Traditional Rental Income: $1452 Airbnb ROI: 2.36% Traditional ROI: 4.57%
5293 W Monroe Rd Pentwater, MI Lakeside Luxury in the Heart of Pentwater - 3,200 Sq Ft \| Dual-Suite Estate with Private W...	5 beds \| 3 baths \| 3,200 sq.ft.	$997,000	Airbnb cash on cash: 0.76% Traditional cash on cash: 4.22% Airbnb Rental Income: $2943 Traditional Rental Income: $5473 Airbnb ROI: 0.76% Traditional ROI: 4.22%
90 S Clymer Street Pentwater, MI Welcome to 90 S Clymer St in Pentwater--an inviting, move-in ready home that has been comp...	2 beds \| 2 baths \| 975 sq.ft.	$300,000	Airbnb cash on cash: -0.66% Traditional cash on cash: 3.5% Airbnb Rental Income: $967 Traditional Rental Income: $1791 Airbnb ROI: -0.66% Traditional ROI: 3.5%
921 N Hancock St Pentwater, MI This charming 4-bedroom, 3-bath home located just north of town offers a spacious master s...	4 beds \| 3 baths \| 2 sq.ft.	$460,000	Airbnb cash on cash: 1.22% Traditional cash on cash: 2.96% Airbnb Rental Income: $1836 Traditional Rental Income: $2090 Airbnb ROI: 1.22% Traditional ROI: 2.96%
5921 W Longbridge Rd Pentwater, MI Pentwater Lake Views AND public access is just steps away! With just under 2 acres, this h...	3 beds \| 2 baths \| 1,454 sq.ft.	$395,000	Airbnb cash on cash: 0.03% Traditional cash on cash: 3.99% Airbnb Rental Income: $1481 Traditional Rental Income: $2510 Airbnb ROI: 0.03% Traditional ROI: 3.99%
559 E Sands St Pentwater, MI Immediate Occupancy! Rare .4 acre corner lot in the Village of Pentwater. Built in 1984, t...	3 beds \| 2 baths \| 1,900 sq.ft.	$399,000	Airbnb cash on cash: 1.01% Traditional cash on cash: 6.03% Airbnb Rental Income: $1481 Traditional Rental Income: $2922 Airbnb ROI: 1.01% Traditional ROI: 6.03%
4895 W Birch Ln Pentwater, MI Beautiful 4 bed, 3 bath home in a prime location! Just down the road from Bass Lake, 4 mil...	4 beds \| 3 baths \| 1,988 sq.ft.	$450,000	Airbnb cash on cash: 1.33% Traditional cash on cash: 5.9% Airbnb Rental Income: $1836 Traditional Rental Income: $3268 Airbnb ROI: 1.33% Traditional ROI: 5.9%
N 88th Ave Pentwater, MI N 88th Ave Ave, Pentwater, MI 49449 \| Other	N/A beds \| N/A baths \| N/A	$59,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.29% Airbnb Rental Income: $null Traditional Rental Income: $800 Airbnb ROI: N/A Traditional ROI: 9.29%
Lenox Ave Pentwater, MI Lenox Ave, Pentwater, MI 49449 \| Other	N/A beds \| N/A baths \| N/A	$59,900	Airbnb cash on cash: N/A Traditional cash on cash: 11% Airbnb Rental Income: $null Traditional Rental Income: $903 Airbnb ROI: N/A Traditional ROI: 11%
0 S Montgomery Blvd Pentwater, MI 0 S Montgomery Blvd, Pentwater, MI 49449 \| Other	N/A beds \| N/A baths \| N/A	$1,200,000	Airbnb cash on cash: N/A Traditional cash on cash: -1.9% Airbnb Rental Income: $null Traditional Rental Income: $800 Airbnb ROI: N/A Traditional ROI: -1.9%
0 Mohawk St Pentwater, MI 0 Mohawk St, Pentwater, MI 49449 \| Other	N/A beds \| N/A baths \| N/A	$69,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.83% Airbnb Rental Income: $null Traditional Rental Income: $800 Airbnb ROI: N/A Traditional ROI: 7.83%
3.75 Acres Wayne Rd Pentwater, MI 3.75 Acres Wayne Rd, Pentwater, MI 49449 \| Other	N/A beds \| N/A baths \| 3,662 sq.ft.	$67,500	Airbnb cash on cash: N/A Traditional cash on cash: 7.7% Airbnb Rental Income: $null Traditional Rental Income: $800 Airbnb ROI: N/A Traditional ROI: 7.7%
Avenue D Pentwater, MI Avenue D, Pentwater, MI 49449 \| Other	N/A beds \| N/A baths \| N/A	$350,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.37% Airbnb Rental Income: $null Traditional Rental Income: $800 Airbnb ROI: N/A Traditional ROI: -0.37%
vl 3rd Ave Pentwater, MI vl 3rd Ave, Pentwater, MI 49449 \| Other	N/A beds \| N/A baths \| N/A	$87,500	Airbnb cash on cash: N/A Traditional cash on cash: 6.97% Airbnb Rental Income: $null Traditional Rental Income: $903 Airbnb ROI: N/A Traditional ROI: 6.97%
V/l Smugglers Pass Lot 15 Pentwater, MI V/l Smugglers Pass Lot 15, Pentwater, MI 49449 \| Other	N/A beds \| N/A baths \| N/A	$50,000	Airbnb cash on cash: N/A Traditional cash on cash: 11.42% Airbnb Rental Income: $null Traditional Rental Income: $800 Airbnb ROI: N/A Traditional ROI: 11.42%
7364 N Northern Dr Pentwater, MI Cozy little cabin nestled along the Pentwater River. New well and septic in 2025. New mini...	1 beds \| 1 baths \| 625 sq.ft.	$229,000	Airbnb cash on cash: 2.11% Traditional cash on cash: 5.02% Airbnb Rental Income: $1405 Traditional Rental Income: $1612 Airbnb ROI: 2.11% Traditional ROI: 5.02%
704 N Morris St Pentwater, MI 704 N Morris St, Pentwater, MI 49449 \| Other	N/A beds \| N/A baths \| N/A	$119,999	Airbnb cash on cash: N/A Traditional cash on cash: 4.49% Airbnb Rental Income: $null Traditional Rental Income: $903 Airbnb ROI: N/A Traditional ROI: 4.49%
7320 Montgomery Blvd Pentwater, MI PENTWATER GEM - Welcome to your Lake Michigan escape on Montgomery Blvd, where approximate...	3 beds \| 2 baths \| 1,775 sq.ft.	$1,400,000	Airbnb cash on cash: -0.57% Traditional cash on cash: 0.83% Airbnb Rental Income: $1481 Traditional Rental Income: $2870 Airbnb ROI: -0.57% Traditional ROI: 0.83%
6274 Longbridge Rd Pentwater, MI Beautiful newly built home in 2020, over 3600 square feet with 85' of waterfront on the li...	5 beds \| 2 baths \| 3,383 sq.ft.	$1,049,000	Airbnb cash on cash: 0.76% Traditional cash on cash: 2.22% Airbnb Rental Income: $2943 Traditional Rental Income: $3684 Airbnb ROI: 0.76% Traditional ROI: 2.22%
5439 Shawnee Rd Pentwater, MI Located in the highly desirable Apache Hills Subdivision in Pentwater, this custom-built 4...	4 beds \| 4 baths \| 3,861 sq.ft.	$960,000	Airbnb cash on cash: -0.4% Traditional cash on cash: 0.68% Airbnb Rental Income: $1836 Traditional Rental Income: $2308 Airbnb ROI: -0.4% Traditional ROI: 0.68%
1111 2nd St Pentwater, MI 3-bedroom, 2.5-bath bungalow on 4 wooded acres in the Village of Pentwater. Rare opportuni...	3 beds \| 2 baths \| 3,050 sq.ft.	$799,900	Airbnb cash on cash: 0.04% Traditional cash on cash: 2.66% Airbnb Rental Income: $1481 Traditional Rental Income: $2996 Airbnb ROI: 0.04% Traditional ROI: 2.66%
6461 S Shields Road Pentwater, MI BASS LAKE IN PENTWATER - An inviting opportunity to own a piece of Bass Lake history with ...	4 beds \| 1 baths \| 1,715 sq.ft.	$565,000	Airbnb cash on cash: -0.58% Traditional cash on cash: 0.99% Airbnb Rental Income: $1836 Traditional Rental Income: $2169 Airbnb ROI: -0.58% Traditional ROI: 0.99%
5771 Wintergreen Rd Pentwater, MI Move-in ready, and brimming with charm, this delightful Pentwater home blends comfort with...	3 beds \| 2 baths \| 1,248 sq.ft.	$369,000	Airbnb cash on cash: 1.17% Traditional cash on cash: 4.74% Airbnb Rental Income: $1481 Traditional Rental Income: $2282 Airbnb ROI: 1.17% Traditional ROI: 4.74%
5875 W Michigan Ave Pentwater, MI Sold Turnkey--fully furnished and stocked! Just pack your clothes! Welcome to this well-ma...	5 beds \| 3 baths \| 2,400 sq.ft.	$699,000	Airbnb cash on cash: 0.92% Traditional cash on cash: 2.51% Airbnb Rental Income: $2943 Traditional Rental Income: $3301 Airbnb ROI: 0.92% Traditional ROI: 2.51%
6383 S Lakeshore Dr Pentwater, MI WEST MICHIGAN GET-AWAY: This 1652 sqft, 2 bed 1.5 bath home includes a spacious open floor...	2 beds \| 1 baths \| 1,652 sq.ft.	$267,000	Airbnb cash on cash: -0.74% Traditional cash on cash: 6.65% Airbnb Rental Income: $967 Traditional Rental Income: $2478 Airbnb ROI: -0.74% Traditional ROI: 6.65%
7.5 Acres E Monroe RD & 72nd Ave Pentwater, MI 7.5 Acres E Monroe RD & 72nd Ave, Pentwater, MI 49420 \| Other	N/A beds \| N/A baths \| N/A	$200,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.75% Airbnb Rental Income: $null Traditional Rental Income: $903 Airbnb ROI: N/A Traditional ROI: 1.75%
6275 Longbridge Rd Pentwater, MI Welcome to your slice of Pentwater paradise at 6275 W Longbridge Rd--where home is more th...	3 beds \| 2 baths \| 1,996 sq.ft.	$699,900	Airbnb cash on cash: -0.56% Traditional cash on cash: 2.08% Airbnb Rental Income: $1481 Traditional Rental Income: $2770 Airbnb ROI: -0.56% Traditional ROI: 2.08%
Parcel B E Sands St Pentwater, MI Parcel B E Sands St, Pentwater, MI 49449 \| Other	N/A beds \| N/A baths \| N/A	$99,500	Airbnb cash on cash: N/A Traditional cash on cash: 5.88% Airbnb Rental Income: $null Traditional Rental Income: $904 Airbnb ROI: N/A Traditional ROI: 5.88%
5221 W Monroe Rd Pentwater, MI 5221 W Monroe Rd, Pentwater, MI 49449 \| Other	N/A beds \| N/A baths \| N/A	$74,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.21% Airbnb Rental Income: $null Traditional Rental Income: $884 Airbnb ROI: N/A Traditional ROI: 8.21%
VL N Montgomery Blvd Pentwater, MI VL N Montgomery Blvd, Pentwater, MI 49449 \| Other	N/A beds \| N/A baths \| N/A	$179,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.16% Airbnb Rental Income: $null Traditional Rental Income: $719 Airbnb ROI: N/A Traditional ROI: 1.16%
225 S Clymer Street Pentwater, MI NOW SHOWING! Just in time for summer! This delightful home full of character sits on a spa...	3 beds \| 2 baths \| 1,538 sq.ft.	$439,000	Airbnb cash on cash: 0.66% Traditional cash on cash: 4% Airbnb Rental Income: $1481 Traditional Rental Income: $2418 Airbnb ROI: 0.66% Traditional ROI: 4%

Real Estate investment in Pentwater, MI

There are 49 properties for sale in the city of Pentwater . The median list price in Pentwater is $369,000 and the average price per square foot is $182. In June 2026, the average monthly cash on cash return in Pentwater is 4.00%. The average monthly rental income in Pentwater is $2,077.

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

There are 49 investment properties available for sale in Pentwater.

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

The ROI for Long-Term is higher than the Short-Term in Pentwater with average rental income of $2,077.

Your search for investment property begins and ends here

Investment Property for Sale in Pentwater, MI

5267 W Monroe Rd

Pentwater, MI

3 beds | 2 baths | 2,054 sq.ft.

$1,050,000

Airbnb cash on cash: -0.69%

Traditional cash on cash: 1.7%

Airbnb Rental Income: $1481

Traditional Rental Income: $3379

Airbnb ROI: -0.69%

Traditional ROI: 1.7%

5526 Longbridge Rd

Pentwater, MI

6 beds | 3 baths | 2,297 sq.ft.

$425,000

Airbnb cash on cash: 3.23%

Traditional cash on cash: 3.96%

Airbnb Rental Income: $2943

Traditional Rental Income: $2553

Airbnb ROI: 3.23%

Traditional ROI: 3.96%

5407 W Sioux Rd

Pentwater, MI

4 beds | 2 baths | 2,116 sq.ft.

$765,000

Airbnb cash on cash: -0.01%

Traditional cash on cash: 2.68%

Airbnb Rental Income: $1836

Traditional Rental Income: $3259

Airbnb ROI: -0.01%

Traditional ROI: 2.68%

5164 Monroe Rd

Pentwater, MI

2 beds | 1 baths | 500 sq.ft.

$795,000

Airbnb cash on cash: -1.55%

Traditional cash on cash: -0.07%

Airbnb Rental Income: $967

Traditional Rental Income: $1712

Airbnb ROI: -1.55%

Traditional ROI: -0.07%

6193 S Pere Marquette Hwy

Pentwater, MI

3 beds | 2 baths | 1,248 sq.ft.

$349,800

Airbnb cash on cash: 1.76%

Traditional cash on cash: 4.9%

Airbnb Rental Income: $1481

Traditional Rental Income: $2077

Airbnb ROI: 1.76%

Traditional ROI: 4.9%

6395 S Lakeshore Dr

Pentwater, MI

1 beds | N/A baths | 2,500 sq.ft.

$224,900

Airbnb cash on cash: 2.36%

Traditional cash on cash: 4.57%

Airbnb Rental Income: $1405

Traditional Rental Income: $1452

Airbnb ROI: 2.36%

Traditional ROI: 4.57%

5293 W Monroe Rd

Pentwater, MI

5 beds | 3 baths | 3,200 sq.ft.

$997,000

Airbnb cash on cash: 0.76%

Traditional cash on cash: 4.22%

Airbnb Rental Income: $2943

Traditional Rental Income: $5473

Airbnb ROI: 0.76%

Traditional ROI: 4.22%

90 S Clymer Street

Pentwater, MI

2 beds | 2 baths | 975 sq.ft.

$300,000

Airbnb cash on cash: -0.66%

Traditional cash on cash: 3.5%

Airbnb Rental Income: $967

Traditional Rental Income: $1791

Airbnb ROI: -0.66%