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.	$995,000	Airbnb cash on cash: -0.13% Traditional cash on cash: 1.85% Airbnb Rental Income: $2076 Traditional Rental Income: $3379 Airbnb ROI: -0.13% Traditional ROI: 1.85%
5389 Ridge Rd Pentwater, MI Enjoy resort town living with the best of Pentwater with this extraordinary coastal estate...	4 beds \| 3 baths \| 4,100 sq.ft.	$899,000	Airbnb cash on cash: 0.53% Traditional cash on cash: 1.84% Airbnb Rental Income: $2836 Traditional Rental Income: $3270 Airbnb ROI: 0.53% Traditional ROI: 1.84%
5700 W Lakeshore Ct Pentwater, MI Bass Lake Access, Just One Mile To Summit Park With Lake Michigan Beach, Picnic Area And B...	4 beds \| 2 baths \| 1,872 sq.ft.	$349,900	Airbnb cash on cash: 4.58% Traditional cash on cash: 5.78% Airbnb Rental Income: $2836 Traditional Rental Income: $2569 Airbnb ROI: 4.58% Traditional ROI: 5.78%
5253 W Lakeview Dr Pentwater, MI Gorgeous views of Pentwater Lake greet you as soon as you open the front door of this stat...	5 beds \| 3 baths \| 3,146 sq.ft.	$1,199,900	Airbnb cash on cash: 0.93% Traditional cash on cash: 1.49% Airbnb Rental Income: $3505 Traditional Rental Income: $3358 Airbnb ROI: 0.93% Traditional ROI: 1.49%
6301 S Stiles Rd Pentwater, MI Between Ludington and Pentwater, a renovated farmhouse on10 acres, a 2.5 acre pond, and a ...	4 beds \| 2 baths \| 1,800 sq.ft.	$415,000	Airbnb cash on cash: 3.95% Traditional cash on cash: 5.21% Airbnb Rental Income: $2836 Traditional Rental Income: $2666 Airbnb ROI: 3.95% Traditional ROI: 5.21%
560 S Hancock St #12 Pentwater, MI Enjoy a front row seat to Pentwater's best events. Every inch of this 2 bedroom 2 bath con...	2 beds \| 2 baths \| 1,280 sq.ft.	$612,000	Airbnb cash on cash: -0.54% Traditional cash on cash: 0.83% Airbnb Rental Income: $1742 Traditional Rental Income: $2047 Airbnb ROI: -0.54% Traditional ROI: 0.83%
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.	$755,000	Airbnb cash on cash: 1.19% Traditional cash on cash: 2.73% Airbnb Rental Income: $2836 Traditional Rental Income: $3259 Airbnb ROI: 1.19% Traditional ROI: 2.73%
9322 N 80th Ave Pentwater, MI Sitting on a small hill with peaceful views, cross breezes and no close neighbors, this fo...	3 beds \| 2 baths \| 1,950 sq.ft.	$289,900	Airbnb cash on cash: 3.23% Traditional cash on cash: 5.96% Airbnb Rental Income: $2076 Traditional Rental Income: $2286 Airbnb ROI: 3.23% Traditional ROI: 5.96%
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.	$318,000	Airbnb cash on cash: 3.69% Traditional cash on cash: 5.48% Airbnb Rental Income: $2076 Traditional Rental Income: $2077 Airbnb ROI: 3.69% Traditional ROI: 5.48%
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.	$189,900	Airbnb cash on cash: 1.52% Traditional cash on cash: 5.47% Airbnb Rental Income: $1114 Traditional Rental Income: $1452 Airbnb ROI: 1.52% Traditional ROI: 5.47%
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: 1.27% Traditional cash on cash: 4.22% Airbnb Rental Income: $3505 Traditional Rental Income: $5473 Airbnb ROI: 1.27% Traditional ROI: 4.22%
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.	$385,000	Airbnb cash on cash: 3.95% Traditional cash on cash: 3.72% Airbnb Rental Income: $2836 Traditional Rental Income: $2090 Airbnb ROI: 3.95% Traditional ROI: 3.72%
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: 2.34% Traditional cash on cash: 6.03% Airbnb Rental Income: $2076 Traditional Rental Income: $2922 Airbnb ROI: 2.34% Traditional ROI: 6.03%
4895 W Birch Ln Pentwater, MI A COMFORTABLE PLACE TO CALL HOME! Nestled on 5.83 beautifully maintained acres, this one-o...	4 beds \| 3 baths \| 1,988 sq.ft.	$395,000	Airbnb cash on cash: 3.9% Traditional cash on cash: 6.85% Airbnb Rental Income: $2836 Traditional Rental Income: $3268 Airbnb ROI: 3.9% Traditional ROI: 6.85%
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	$999,000	Airbnb cash on cash: N/A Traditional cash on cash: -1.77% Airbnb Rental Income: $null Traditional Rental Income: $800 Airbnb ROI: N/A Traditional ROI: -1.77%
0 Mohawk St Pentwater, MI 0 Mohawk St, Pentwater, MI 49449 \| Other	N/A beds \| N/A baths \| N/A	$58,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.66% Airbnb Rental Income: $null Traditional Rental Income: $800 Airbnb ROI: N/A Traditional ROI: 9.66%
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.	$59,500	Airbnb cash on cash: N/A Traditional cash on cash: 9.37% Airbnb Rental Income: $null Traditional Rental Income: $800 Airbnb ROI: N/A Traditional ROI: 9.37%
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	$70,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.18% Airbnb Rental Income: $null Traditional Rental Income: $903 Airbnb ROI: N/A Traditional ROI: 9.18%
1112 2nd St Pentwater, MI 1112 2nd St, Pentwater, MI 49449 \| Other	N/A beds \| N/A baths \| N/A	$155,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.26% Airbnb Rental Income: $null Traditional Rental Income: $800 Airbnb ROI: N/A Traditional ROI: 2.26%
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...	2 beds \| 1 baths \| 625 sq.ft.	$219,900	Airbnb cash on cash: 3.59% Traditional cash on cash: 5.26% Airbnb Rental Income: $1742 Traditional Rental Income: $1612 Airbnb ROI: 3.59% Traditional ROI: 5.26%
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%
5526 W Longbridge Rd Pentwater, MI 5526 W Longbridge Rd, Pentwater, MI 49449 \| Single Family Residential	6 beds \| 3 baths \| 2,297 sq.ft.	$415,000	Airbnb cash on cash: 4.2% Traditional cash on cash: 4.83% Airbnb Rental Income: $3505 Traditional Rental Income: $2975 Airbnb ROI: 4.2% Traditional ROI: 4.83%
6274 Longbridge Road Pentwater, MI Beautiful newly built home in 2020, over 3600 square feet with 85' of waterfront on the li...	5 beds \| 3 baths \| 3,383 sq.ft.	$1,049,000	Airbnb cash on cash: 1.24% Traditional cash on cash: 2.22% Airbnb Rental Income: $3505 Traditional Rental Income: $3684 Airbnb ROI: 1.24% 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.	$795,000	Airbnb cash on cash: 1.17% Traditional cash on cash: 1.35% Airbnb Rental Income: $2836 Traditional Rental Income: $2308 Airbnb ROI: 1.17% Traditional ROI: 1.35%
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.	$499,000	Airbnb cash on cash: 1.72% Traditional cash on cash: 4.83% Airbnb Rental Income: $2076 Traditional Rental Income: $2996 Airbnb ROI: 1.72% Traditional ROI: 4.83%
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.	$339,000	Airbnb cash on cash: 2.91% Traditional cash on cash: 5.24% Airbnb Rental Income: $2076 Traditional Rental Income: $2282 Airbnb ROI: 2.91% Traditional ROI: 5.24%
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: 1.64% Traditional cash on cash: 2.51% Airbnb Rental Income: $3505 Traditional Rental Income: $3301 Airbnb ROI: 1.64% Traditional ROI: 2.51%
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 Road 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: 0.2% Traditional cash on cash: 2.08% Airbnb Rental Income: $2076 Traditional Rental Income: $2770 Airbnb ROI: 0.2% Traditional ROI: 2.08%
Parcel B N Morris 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	$69,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.92% Airbnb Rental Income: $null Traditional Rental Income: $884 Airbnb ROI: N/A Traditional ROI: 8.92%
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: 2.29% Airbnb Rental Income: $null Traditional Rental Income: $912 Airbnb ROI: N/A Traditional ROI: 2.29%
5957 W Ede St Pentwater, MI Peace, quiet, and Lake Michigan! Located on the north side of Pentwater in the North Centr...	4 beds \| 1 baths \| 1,235 sq.ft.	$349,000	Airbnb cash on cash: 4.66% Traditional cash on cash: 3.98% Airbnb Rental Income: $2836 Traditional Rental Income: $1951 Airbnb ROI: 4.66% Traditional ROI: 3.98%
24 Kenneth St Pentwater, MI Welcome to The Cottages at Lites Woods in beautiful Pentwater -- where luxury, comfort, an...	4 beds \| 2 baths \| 2,300 sq.ft.	$595,000	Airbnb cash on cash: 0.51% Traditional cash on cash: 1.71% Airbnb Rental Income: $2836 Traditional Rental Income: $2841 Airbnb ROI: 0.51% Traditional ROI: 1.71%

Real Estate investment in Pentwater, MI

There are 79 properties for sale in the city of Pentwater . The median list price in Pentwater is $474,716 and the average price per square foot is $232. In October 2026, the average monthly cash on cash return in Pentwater is 4.00%. The average monthly rental income in Pentwater is $1,748.

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

There are 79 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 $1,748.

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.

$995,000

Airbnb cash on cash: -0.13%

Traditional cash on cash: 1.85%

Airbnb Rental Income: $2076

Traditional Rental Income: $3379

Airbnb ROI: -0.13%

Traditional ROI: 1.85%

5389 Ridge Rd

Pentwater, MI

4 beds | 3 baths | 4,100 sq.ft.

$899,000

Airbnb cash on cash: 0.53%

Traditional cash on cash: 1.84%

Airbnb Rental Income: $2836

Traditional Rental Income: $3270

Airbnb ROI: 0.53%

Traditional ROI: 1.84%

5700 W Lakeshore Ct

Pentwater, MI

4 beds | 2 baths | 1,872 sq.ft.

$349,900

Airbnb cash on cash: 4.58%

Traditional cash on cash: 5.78%

Airbnb Rental Income: $2836

Traditional Rental Income: $2569

Airbnb ROI: 4.58%

Traditional ROI: 5.78%

5253 W Lakeview Dr

Pentwater, MI

5 beds | 3 baths | 3,146 sq.ft.

$1,199,900

Airbnb cash on cash: 0.93%

Traditional cash on cash: 1.49%

Airbnb Rental Income: $3505

Traditional Rental Income: $3358

Airbnb ROI: 0.93%

Traditional ROI: 1.49%

6301 S Stiles Rd

Pentwater, MI

4 beds | 2 baths | 1,800 sq.ft.

$415,000

Airbnb cash on cash: 3.95%

Traditional cash on cash: 5.21%

Airbnb Rental Income: $2836

Traditional Rental Income: $2666

Airbnb ROI: 3.95%

Traditional ROI: 5.21%

560 S Hancock St #12

Pentwater, MI

2 beds | 2 baths | 1,280 sq.ft.

$612,000

Airbnb cash on cash: -0.54%

Traditional cash on cash: 0.83%

Airbnb Rental Income: $1742

Traditional Rental Income: $2047

Airbnb ROI: -0.54%

Traditional ROI: 0.83%

5407 W Sioux Rd

Pentwater, MI

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

$755,000

Airbnb cash on cash: 1.19%

Traditional cash on cash: 2.73%

Airbnb Rental Income: $2836

Traditional Rental Income: $3259

Airbnb ROI: 1.19%

Traditional ROI: 2.73%

9322 N 80th Ave

Pentwater, MI

3 beds | 2 baths | 1,950 sq.ft.

$289,900

Airbnb cash on cash: 3.23%

Traditional cash on cash: 5.96%

Airbnb Rental Income: $2076

Traditional Rental Income: $2286

Airbnb ROI: 3.23%