Real Estate Investment Properties for Sale in Saugatuck, MI

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
702 LAKE STREET Saugatuck, MI This gorgeous home, built in 2019, has everything you need for both comfort and convenienc...	5 beds \| 5 baths \| 3,315 sq.ft.	$1,539,800	Airbnb cash on cash: -1.09% Traditional cash on cash: 0.76% Airbnb Rental Income: $2820 Traditional Rental Income: $4804 Airbnb ROI: -1.09% Traditional ROI: 0.76%
251 North Street Saugatuck, MI This beautifully restored 4-BR, 3-BA classic Saugatuck farmhouse is move-in ready and full...	4 beds \| 3 baths \| 2,173 sq.ft.	$798,000	Airbnb cash on cash: 0.9% Traditional cash on cash: 2.45% Airbnb Rental Income: $2700 Traditional Rental Income: $3210 Airbnb ROI: 0.9% Traditional ROI: 2.45%
526 Butler Street Saugatuck, MI In the heart of Saugatuck, where charming streets lead to the waterfront and the boardwalk...	4 beds \| 3 baths \| 1,563 sq.ft.	$1,100,000	Airbnb cash on cash: -0.03% Traditional cash on cash: -0.44% Airbnb Rental Income: $2700 Traditional Rental Income: $1639 Airbnb ROI: -0.03% Traditional ROI: -0.44%
658 Allegan Street Saugatuck, MI Location, location, location! ''On the Hill,'' just a block or two from the lake, with sea...	2 beds \| 1 baths \| 937 sq.ft.	$579,000	Airbnb cash on cash: -0.19% Traditional cash on cash: -0.09% Airbnb Rental Income: $1365 Traditional Rental Income: $1000 Airbnb ROI: -0.19% Traditional ROI: -0.09%
16 Park Street Saugatuck, MI Welcome to 16 Park, the ideal set up for a live in one unit and rent out the other or both...	2 beds \| 2 baths \| 1,040 sq.ft.	$674,900	Airbnb cash on cash: -0.97% Traditional cash on cash: 0.78% Airbnb Rental Income: $1365 Traditional Rental Income: $2052 Airbnb ROI: -0.97% Traditional ROI: 0.78%
445 S Maple Street Saugatuck, MI Charming Classic Cottage in Saugatuck! Welcome to 445 S Maple, a beautifully remodeled...	4 beds \| 2 baths \| 2,092 sq.ft.	$749,000	Airbnb cash on cash: 0.94% Traditional cash on cash: 0.62% Airbnb Rental Income: $2700 Traditional Rental Income: $1838 Airbnb ROI: 0.94% Traditional ROI: 0.62%
371 DUNEGRASS CIRCLE DRIVE Saugatuck, MI Nestled in the exclusive lakefront enclave of Dunegrass, this contemporary residence offer...	4 beds \| 4 baths \| 3,323 sq.ft.	$2,750,000	Airbnb cash on cash: -1.2% Traditional cash on cash: -0.45% Airbnb Rental Income: $2700 Traditional Rental Income: $3963 Airbnb ROI: -1.2% Traditional ROI: -0.45%
3426 63rd Street Saugatuck, MI Welcome to this charming 1 BR/ 1 BA home with 900 SF of cozy living space. Perfectly desig...	1 beds \| 1 baths \| 900 sq.ft.	$329,000	Airbnb cash on cash: 0.11% Traditional cash on cash: 2.2% Airbnb Rental Income: $1144 Traditional Rental Income: $1410 Airbnb ROI: 0.11% Traditional ROI: 2.2%
790 Lake Street Saugatuck, MI Exceptional Multi-Family Investment in Downtown Saugatuck. Incredible opportunity to own a...	6 beds \| N/A baths \| N/A	$1,295,000	Airbnb cash on cash: -0.27% Traditional cash on cash: -0.75% Airbnb Rental Income: $2820 Traditional Rental Income: $1584 Airbnb ROI: -0.27% Traditional ROI: -0.75%
3577 Kingfisher Cove Drive Saugatuck, MI Nestled in the serene enclave of Kingfisher Cove in Saugatuck, this exquisite log home off...	3 beds \| 2 baths \| 1,650 sq.ft.	$799,000	Airbnb cash on cash: -0.62% Traditional cash on cash: 0.59% Airbnb Rental Income: $2142 Traditional Rental Income: $2500 Airbnb ROI: -0.62% Traditional ROI: 0.59%
582 Campbell Road Saugatuck, MI Discover your private sanctuary on this 15 acre parcel, ideally located within the vibrant...	4 beds \| 4 baths \| 3,929 sq.ft.	$3,495,000	Airbnb cash on cash: -0.77% Traditional cash on cash: -0.18% Airbnb Rental Income: $2700 Traditional Rental Income: $3959 Airbnb ROI: -0.77% Traditional ROI: -0.18%
6736 Saugatuck Beach Road Saugatuck, MI Set behind the gates of NorthShore--Saugatuck's premier waterfront community--this bespoke...	5 beds \| 6 baths \| 5,822 sq.ft.	$6,400,000	Airbnb cash on cash: -1.58% Traditional cash on cash: -0.68% Airbnb Rental Income: $2820 Traditional Rental Income: $7448 Airbnb ROI: -1.58% Traditional ROI: -0.68%
6515 134th Ave Saugatuck, MI Welcome to your dream home just a short distance away from the heart of Downtown Saugatuck...	4 beds \| 3 baths \| 2,768 sq.ft.	$1,199,000	Airbnb cash on cash: 0.15% Traditional cash on cash: 1.3% Airbnb Rental Income: $2700 Traditional Rental Income: $3348 Airbnb ROI: 0.15% Traditional ROI: 1.3%
6332 Old Allegan Road Saugatuck, MI Welcome to this stunning Silver Lake home where exceptional craftsmanship meets serene, al...	3 beds \| 4 baths \| 2,824 sq.ft.	$1,695,000	Airbnb cash on cash: -0.51% Traditional cash on cash: 0.91% Airbnb Rental Income: $2142 Traditional Rental Income: $3833 Airbnb ROI: -0.51% Traditional ROI: 0.91%
510 S Maple Street Saugatuck, MI Homes at this price point in the City of Saugatuck do not come available often! 4 bedrooms...	4 beds \| 3 baths \| 2,376 sq.ft.	$495,000	Airbnb cash on cash: 1.93% Traditional cash on cash: 4.51% Airbnb Rental Income: $2700 Traditional Rental Income: $3256 Airbnb ROI: 1.93% Traditional ROI: 4.51%
64 Griffith Street unit: 17 Saugatuck, MI In a sought after Saugatuck location, you can live on the edge of downtown Saugatuck overl...	1 beds \| 1 baths \| 638 sq.ft.	$485,000	Airbnb cash on cash: -1.63% Traditional cash on cash: -0.08% Airbnb Rental Income: $1144 Traditional Rental Income: $1466 Airbnb ROI: -1.63% Traditional ROI: -0.08%
3465 Palmer Drive Saugatuck, MI Modern Elegance on the Fairway - 3465 Palmer Drive, Saugatuck, MI Situated along the seven...	3 beds \| 3 baths \| 2,713 sq.ft.	$1,060,000	Airbnb cash on cash: -0.47% Traditional cash on cash: 0.55% Airbnb Rental Income: $2142 Traditional Rental Income: $2603 Airbnb ROI: -0.47% Traditional ROI: 0.55%
6365 WATERS EDGE LANE Saugatuck, MI Your Ultimate Lakeside Escape on Silver Lake in Saugatuck Designed with entertaining...	4 beds \| 4 baths \| 2,191 sq.ft.	$1,685,000	Airbnb cash on cash: 0.23% Traditional cash on cash: 1.2% Airbnb Rental Income: $2700 Traditional Rental Income: $3581 Airbnb ROI: 0.23% Traditional ROI: 1.2%
3388 Palmer Drive Saugatuck, MI Welcome to Saugatuck's premiere Ravines Golf Course community without the jumbo city tax! ...	3 beds \| 3 baths \| 2,988 sq.ft.	$955,000	Airbnb cash on cash: -0.39% Traditional cash on cash: 0.97% Airbnb Rental Income: $2142 Traditional Rental Income: $2804 Airbnb ROI: -0.39% Traditional ROI: 0.97%
Lot 2 Blue Star Hwy Saugatuck, MI Lot 2 Blue Star Hwy, Saugatuck, MI 49453 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$300,000	Airbnb cash on cash: -0.94% Traditional cash on cash: 0.98% Airbnb Rental Income: $876 Traditional Rental Income: $1083 Airbnb ROI: -0.94% Traditional ROI: 0.98%
2800 Bluestar/lakeshore Saugatuck, MI 2800 Bluestar/lakeshore, Saugatuck, MI 49453 \| Other	N/A beds \| N/A baths \| N/A	$14,545,280	Airbnb cash on cash: -2.5% Traditional cash on cash: -2.48% Airbnb Rental Income: $876 Traditional Rental Income: $811 Airbnb ROI: -2.5% Traditional ROI: -2.48%
6288 Hawthorne Court Saugatuck, MI Welcome to 6288 Hawthorne in Saugatuck, Michigan-a beloved West Michigan home tucked into ...	4 beds \| 3 baths \| 2,808 sq.ft.	$694,500	Airbnb cash on cash: 0.76% Traditional cash on cash: 1.55% Airbnb Rental Income: $2700 Traditional Rental Income: $2572 Airbnb ROI: 0.76% Traditional ROI: 1.55%
1005 Park Street Saugatuck, MI Exceptional Kalamazoo River waterfront home featuring a fully remodeled main home on the w...	4 beds \| 4 baths \| 2,263 sq.ft.	$2,000,000	Airbnb cash on cash: -1.66% Traditional cash on cash: -1.99% Airbnb Rental Income: $2700 Traditional Rental Income: $1438 Airbnb ROI: -1.66% Traditional ROI: -1.99%
6480 Island Lake Road Saugatuck, MI A remarkable transformation has turned this home into a refined modern retreat that perfec...	3 beds \| 2 baths \| 1,872 sq.ft.	$985,000	Airbnb cash on cash: -0.11% Traditional cash on cash: -0.4% Airbnb Rental Income: $2142 Traditional Rental Income: $1333 Airbnb ROI: -0.11% Traditional ROI: -0.4%
3571 Hidden Dunes Drive Saugatuck, MI Authentic 5BR Luxury Log Home! Hidden Dunes is 18 units secluded in forest of tall trees o...	5 beds \| 3 baths \| 2,400 sq.ft.	$699,900	Airbnb cash on cash: 0.97% Traditional cash on cash: N/A Airbnb Rental Income: $2820 Traditional Rental Income: $0 Airbnb ROI: 0.97% Traditional ROI: N/A
3177 Lighthouse Way unit: 4 Saugatuck, MI Set among the trees in Lighthouse Estates in Saugatuck, this well-maintained home offers p...	4 beds \| 3 baths \| 2,098 sq.ft.	$698,000	Airbnb cash on cash: 0.98% Traditional cash on cash: 0.02% Airbnb Rental Income: $2700 Traditional Rental Income: $1438 Airbnb ROI: 0.98% Traditional ROI: 0.02%
895 Holland Street Saugatuck, MI Step into your own charming Saugatuck retreat, just steps from the Mildred Peterson Nature...	2 beds \| 1 baths \| 1,127 sq.ft.	$574,900	Airbnb cash on cash: -0.14% Traditional cash on cash: 0.03% Airbnb Rental Income: $1365 Traditional Rental Income: $1042 Airbnb ROI: -0.14% Traditional ROI: 0.03%
3531 66th Street lot: 3 Saugatuck, MI Buy the home of your dreams with Baumann Building in this perfect area in Saugatuck. This ...	5 beds \| 5 baths \| 3,127 sq.ft.	$1,200,000	Airbnb cash on cash: -0.68% Traditional cash on cash: N/A Airbnb Rental Income: $2820 Traditional Rental Income: $0 Airbnb ROI: -0.68% Traditional ROI: N/A
748 Holland Street Saugatuck, MI Exceptional multi-unit investment opportunity in the heart of Saugatuck at 748 Holland Str...	5 beds \| 3 baths \| 3,442 sq.ft.	$1,800,000	Airbnb cash on cash: -0.53% Traditional cash on cash: N/A Airbnb Rental Income: $2820 Traditional Rental Income: $0 Airbnb ROI: -0.53% Traditional ROI: N/A
3175 Light House Way Saugatuck, MI Nestled in the heart of Indian Point, this exceptional custom residence is set on a privat...	5 beds \| 4 baths \| 2,873 sq.ft.	$1,075,000	Airbnb cash on cash: 0.28% Traditional cash on cash: N/A Airbnb Rental Income: $2820 Traditional Rental Income: $0 Airbnb ROI: 0.28% Traditional ROI: N/A
6473 Blue Star Highway unit: #12 Saugatuck, MI Discover your own getaway with this affordable, furnished park model home in the sought-af...	1 beds \| N/A baths \| 450 sq.ft.	$155,000	Airbnb cash on cash: 3.07% Traditional cash on cash: 3.32% Airbnb Rental Income: $1144 Traditional Rental Income: $802 Airbnb ROI: 3.07% Traditional ROI: 3.32%
6425 Kottler Drive Saugatuck, MI Nearly 3 private wooded acres in Laketown Township showcase this well-maintained 3 bed, 3 ...	3 beds \| 3 baths \| 2,217 sq.ft.	$599,900	Airbnb cash on cash: 0.9% Traditional cash on cash: 0.43% Airbnb Rental Income: $2142 Traditional Rental Income: $1333 Airbnb ROI: 0.9% Traditional ROI: 0.43%
3959 64th Street Saugatuck, MI Tucked away in Laketown Township, just minutes from Saugatuck State Park and Lake Michigan...	2 beds \| 2 baths \| 2,120 sq.ft.	$559,900	Airbnb cash on cash: -0.08% Traditional cash on cash: 0.1% Airbnb Rental Income: $1365 Traditional Rental Income: $1042 Airbnb ROI: -0.08% Traditional ROI: 0.1%

Real Estate investment in Saugatuck, MI

There are 33 properties for sale in the city of Saugatuck . The median list price in Saugatuck is $955,000 and the average price per square foot is $423. In March 2026, the average monthly cash on cash return in Saugatuck is 1.00%. The average monthly rental income in Saugatuck is $1,922.

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

There are 33 investment properties available for sale in Saugatuck.

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

The ROI for Long-Term is higher than the Short-Term in Saugatuck with average rental income of $1,922.

Your search for investment property begins and ends here

Investment Property for Sale in Saugatuck, MI

702 LAKE STREET

Saugatuck, MI

5 beds | 5 baths | 3,315 sq.ft.

$1,539,800

Airbnb cash on cash: -1.09%

Traditional cash on cash: 0.76%

Airbnb Rental Income: $2820

Traditional Rental Income: $4804

Airbnb ROI: -1.09%

Traditional ROI: 0.76%

251 North Street

Saugatuck, MI

4 beds | 3 baths | 2,173 sq.ft.

$798,000

Airbnb cash on cash: 0.9%

Traditional cash on cash: 2.45%

Airbnb Rental Income: $2700

Traditional Rental Income: $3210

Airbnb ROI: 0.9%

Traditional ROI: 2.45%

526 Butler Street

Saugatuck, MI

4 beds | 3 baths | 1,563 sq.ft.

$1,100,000

Airbnb cash on cash: -0.03%

Traditional cash on cash: -0.44%

Airbnb Rental Income: $2700

Traditional Rental Income: $1639

Airbnb ROI: -0.03%

Traditional ROI: -0.44%

658 Allegan Street

Saugatuck, MI

2 beds | 1 baths | 937 sq.ft.

$579,000

Airbnb cash on cash: -0.19%

Traditional cash on cash: -0.09%

Airbnb Rental Income: $1365

Traditional Rental Income: $1000

Airbnb ROI: -0.19%

Traditional ROI: -0.09%

16 Park Street

Saugatuck, MI

2 beds | 2 baths | 1,040 sq.ft.

$674,900

Airbnb cash on cash: -0.97%

Traditional cash on cash: 0.78%

Airbnb Rental Income: $1365

Traditional Rental Income: $2052

Airbnb ROI: -0.97%

Traditional ROI: 0.78%

445 S Maple Street

Saugatuck, MI

4 beds | 2 baths | 2,092 sq.ft.

$749,000

Airbnb cash on cash: 0.94%

Traditional cash on cash: 0.62%

Airbnb Rental Income: $2700

Traditional Rental Income: $1838

Airbnb ROI: 0.94%

Traditional ROI: 0.62%

371 DUNEGRASS CIRCLE DRIVE

Saugatuck, MI

4 beds | 4 baths | 3,323 sq.ft.

$2,750,000

Airbnb cash on cash: -1.2%

Traditional cash on cash: -0.45%

Airbnb Rental Income: $2700

Traditional Rental Income: $3963

Airbnb ROI: -1.2%

Traditional ROI: -0.45%

3426 63rd Street

Saugatuck, MI

1 beds | 1 baths | 900 sq.ft.

$329,000

Airbnb cash on cash: 0.11%

Traditional cash on cash: 2.2%

Airbnb Rental Income: $1144

Traditional Rental Income: $1410

Airbnb ROI: 0.11%