Real Estate Investment Properties for Sale in Rapid River, MI

Looking for investment property in Rapid River, MI with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
8391 U.6 Rapid River, MI Welcome to your riverside retreat featuring 100' of frontage on the Whitefish River! This ...	2 beds \| 1 baths \| 820 sq.ft.	$185,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.27% Airbnb Rental Income: $null Traditional Rental Income: $1110 Airbnb ROI: N/A Traditional ROI: 3.27%
6223 CR 513 T Rapid River, MI Discover this stunning home on Stonington Peninsula nestled on 25.85 acres with 650ft of s...	3 beds \| 3 baths \| 3,860 sq.ft.	$695,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.36% Airbnb Rental Income: $null Traditional Rental Income: $3263 Airbnb ROI: N/A Traditional ROI: 2.36%
14038 24.5 Lane Rapid River, MI Rustic Elegance Meets Lakeside Living â Full Log Cabin on Moss Lake Discover the charm o...	2 beds \| 1 baths \| 1,178 sq.ft.	$430,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.83% Airbnb Rental Income: $null Traditional Rental Income: $2084 Airbnb ROI: N/A Traditional ROI: 3.83%
9157 Co Rd 513 Rapid River, MI Built by Cross Construction in 2021, this custom home blends thoughtful design with high-q...	2 beds \| 2 baths \| 1,156 sq.ft.	$405,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.93% Airbnb Rental Income: $null Traditional Rental Income: $2544 Airbnb ROI: N/A Traditional ROI: 3.93%
9893 Y.25 Rapid River, MI Beautiful, Quiet, and SereneâA True Countryside Retreat Nestled on just over ten acres...	3 beds \| 2 baths \| 1,456 sq.ft.	$398,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.78% Airbnb Rental Income: $null Traditional Rental Income: $2425 Airbnb ROI: N/A Traditional ROI: 4.78%
10120 US 2 Rapid River, MI BACK ON MARKET!! 2 Bedroom 1 Bath Rustic Log Home! Approx. 940 sq. ft. of living space. St...	2 beds \| 1 baths \| 900 sq.ft.	$119,900	Airbnb cash on cash: N/A Traditional cash on cash: 11.2% Airbnb Rental Income: $null Traditional Rental Income: $1597 Airbnb ROI: N/A Traditional ROI: 11.2%
10848 T.6 Rapid River, MI Check out this newly built 2022 single wide on just under 1 acre of land in Rapid River! B...	3 beds \| 2 baths \| 1,165 sq.ft.	$181,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.89% Airbnb Rental Income: $null Traditional Rental Income: $2246 Airbnb ROI: N/A Traditional ROI: 10.89%
8228 23rd Rapid River, MI Beautiful custom-built log home situated on just over half an acre! This inviting property...	4 beds \| 3 baths \| 2,186 sq.ft.	$429,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.46% Airbnb Rental Income: $null Traditional Rental Income: $2987 Airbnb ROI: N/A Traditional ROI: 5.46%
10691 Mirons 16.8 Rapid River, MI Looking for peace and quiet away from it all? Check out this cozy 3-bedroom, 1-bath camp s...	3 beds \| 1 baths \| 1,398 sq.ft.	$199,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.02% Airbnb Rental Income: $null Traditional Rental Income: $2139 Airbnb ROI: N/A Traditional ROI: 9.02%
9904 US 2 Rapid River, MI This property features a 4 bed 2 bath home built in just 2009. 150+ acres of excellent tra...	4 beds \| 2 baths \| 2,260 sq.ft.	$469,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.73% Airbnb Rental Income: $null Traditional Rental Income: $2834 Airbnb ROI: N/A Traditional ROI: 4.73%
14295 Gooseneck Lake Rapid River, MI Ideally located in the heart of the Upper Peninsulaâs recreational corridor, this proper...	2 beds \| 1 baths \| 1,077 sq.ft.	$149,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.75% Airbnb Rental Income: $null Traditional Rental Income: $1735 Airbnb ROI: N/A Traditional ROI: 9.75%
13786 Wells 21.2 Rapid River, MI You're going to love this beautiful home from the moment you pull up the paved driveway an...	3 beds \| 2 baths \| 1,566 sq.ft.	$179,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.31% Airbnb Rental Income: $null Traditional Rental Income: $1938 Airbnb ROI: N/A Traditional ROI: 8.31%
7660 R.75 Rapid River, MI On the shores of Little Bay De Doc and down the scenic Stonington Peninsula, lies this idy...	5 beds \| 3 baths \| 2,700 sq.ft.	$1,460,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.32% Airbnb Rental Income: $null Traditional Rental Income: $3243 Airbnb ROI: N/A Traditional ROI: 0.32%

Real Estate investment in Rapid-river, MI

There are 18 properties for sale in the city of Rapid River . The median list price in Rapid River is $185,000 and the average price per square foot is $129. In January 2026, the average monthly cash on cash return in Rapid River is 5.00%. The average monthly rental income in Rapid River is $2,084.

Rapid-river, MI Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 18 investment properties available for sale in Rapid-river.

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

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

Your search for investment property begins and ends here

Investment Property for Sale in Rapid River, MI

8391 U.6

Rapid River, MI

2 beds | 1 baths | 820 sq.ft.

$185,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.27%

Airbnb Rental Income: $null

Traditional Rental Income: $1110

Airbnb ROI: N/A

Traditional ROI: 3.27%

6223 CR 513 T

Rapid River, MI

3 beds | 3 baths | 3,860 sq.ft.

$695,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.36%

Airbnb Rental Income: $null

Traditional Rental Income: $3263

Airbnb ROI: N/A

Traditional ROI: 2.36%

14038 24.5 Lane

Rapid River, MI

2 beds | 1 baths | 1,178 sq.ft.

$430,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.83%

Airbnb Rental Income: $null

Traditional Rental Income: $2084

Airbnb ROI: N/A

Traditional ROI: 3.83%

9157 Co Rd 513

Rapid River, MI

2 beds | 2 baths | 1,156 sq.ft.

$405,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.93%

Airbnb Rental Income: $null

Traditional Rental Income: $2544

Airbnb ROI: N/A

Traditional ROI: 3.93%

9893 Y.25

Rapid River, MI

3 beds | 2 baths | 1,456 sq.ft.

$398,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.78%

Airbnb Rental Income: $null

Traditional Rental Income: $2425

Airbnb ROI: N/A

Traditional ROI: 4.78%

10120 US 2

Rapid River, MI

2 beds | 1 baths | 900 sq.ft.

$119,900

Airbnb cash on cash: N/A

Traditional cash on cash: 11.2%

Airbnb Rental Income: $null

Traditional Rental Income: $1597

Airbnb ROI: N/A

Traditional ROI: 11.2%

10848 T.6

Rapid River, MI

3 beds | 2 baths | 1,165 sq.ft.

$181,000

Airbnb cash on cash: N/A

Traditional cash on cash: 10.89%

Airbnb Rental Income: $null

Traditional Rental Income: $2246

Airbnb ROI: N/A

Traditional ROI: 10.89%

8228 23rd

Rapid River, MI

4 beds | 3 baths | 2,186 sq.ft.

$429,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.46%

Airbnb Rental Income: $null

Traditional Rental Income: $2987

Airbnb ROI: N/A