Real Estate Investment Properties for Sale in Sault Ste Marie, MI

Looking for investment property in Sault Ste Marie, MI with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
3344 Lakeshore Drive Sault Ste Marie, MI Welcome to an extraordinary waterfront estate where timeless elegance meets modern sophist...	4 beds \| 3 baths \| 2,808 sq.ft.	$699,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.71% Airbnb Rental Income: $null Traditional Rental Income: $3510 Airbnb ROI: N/A Traditional ROI: 2.71%
2235 W 4th AVE Sault Ste Marie, MI This beautiful starter home is located just a short distance from Sherman Park. It is sti...	2 beds \| 2 baths \| 851 sq.ft.	$157,000	Airbnb cash on cash: 0.77% Traditional cash on cash: 8.86% Airbnb Rental Income: $928 Traditional Rental Income: $1798 Airbnb ROI: 0.77% Traditional ROI: 8.86%
2039 Riverside DR Sault Ste Marie, MI This single story St Marys river home is well located just 3 miles from downtown Sault St ...	3 beds \| 3 baths \| 2,000 sq.ft.	$375,000	Airbnb cash on cash: 0.27% Traditional cash on cash: 6.31% Airbnb Rental Income: $1520 Traditional Rental Income: $3203 Airbnb ROI: 0.27% Traditional ROI: 6.31%
3349 Lakeshore Drive Sault Ste Marie, MI Welcome to 3349 Lakeshore Drive -- where modern updates meet timeless charm just moments f...	3 beds \| 3 baths \| 2,226 sq.ft.	$499,000	Airbnb cash on cash: -0.42% Traditional cash on cash: 4.21% Airbnb Rental Income: $1520 Traditional Rental Income: $3236 Airbnb ROI: -0.42% Traditional ROI: 4.21%
1306 Park ST Sault Ste Marie, MI Located in one of Sault Ste. Marie's most sought-after neighborhoods, this completely remo...	3 beds \| 2 baths \| 1,104 sq.ft.	$207,000	Airbnb cash on cash: 2.5% Traditional cash on cash: 7.78% Airbnb Rental Income: $1520 Traditional Rental Income: $2115 Airbnb ROI: 2.5% Traditional ROI: 7.78%
TBD E 7 Mile Rd Sault Ste Marie, MI TBD E 7 Mile Rd, Sault Ste Marie, MI 49783 \| Other	N/A beds \| N/A baths \| N/A	$318,400	Airbnb cash on cash: N/A Traditional cash on cash: -0.07% Airbnb Rental Income: $null Traditional Rental Income: $827 Airbnb ROI: N/A Traditional ROI: -0.07%
54.4 acres S Mackinac Trl Sault Ste Marie, MI 54.4 acres S Mackinac Trl, Sault Ste Marie, MI 49783 \| Other	N/A beds \| N/A baths \| N/A	$625,000	Airbnb cash on cash: N/A Traditional cash on cash: -1.29% Airbnb Rental Income: $null Traditional Rental Income: $816 Airbnb ROI: N/A Traditional ROI: -1.29%
TBD Riverside Dr Sault Ste Marie, MI TBD Riverside Dr, Sault Ste Marie, MI 49783 \| Other	N/A beds \| N/A baths \| N/A	$299,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.22% Airbnb Rental Income: $null Traditional Rental Income: $866 Airbnb ROI: N/A Traditional ROI: 0.22%
721 E Spruce St Sault Ste Marie, MI 721 E Spruce St, Sault Ste Marie, MI 49783 \| Single Family Residential	3 beds \| 1 baths \| 1,304 sq.ft.	$149,900	Airbnb cash on cash: 4.36% Traditional cash on cash: 8.93% Airbnb Rental Income: $1520 Traditional Rental Income: $1734 Airbnb ROI: 4.36% Traditional ROI: 8.93%

Real Estate investment in Sault-ste-marie, MI

There are 10 properties for sale in the city of Sault Ste Marie . The median list price in Sault Ste Marie is $151,922 and the average price per square foot is $87. In June 2026, the average monthly cash on cash return in Sault Ste Marie is 8.00%. The average monthly rental income in Sault Ste Marie is $1,900.

Sault-ste-marie, MI Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 10 investment properties available for sale in Sault-ste-marie.

In 2026, the best neighborhood to buy investment property is Sault Ste Marie.

The ROI for Long-Term is higher than the Short-Term in Sault-ste-marie with average rental income of $1,900.

Your search for investment property begins and ends here

Investment Property for Sale in Sault Ste Marie, MI

3344 Lakeshore Drive

Sault Ste Marie, MI

4 beds | 3 baths | 2,808 sq.ft.

$699,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.71%

Airbnb Rental Income: $null

Traditional Rental Income: $3510

Airbnb ROI: N/A

Traditional ROI: 2.71%

2235 W 4th AVE

Sault Ste Marie, MI

2 beds | 2 baths | 851 sq.ft.

$157,000

Airbnb cash on cash: 0.77%

Traditional cash on cash: 8.86%

Airbnb Rental Income: $928

Traditional Rental Income: $1798

Airbnb ROI: 0.77%

Traditional ROI: 8.86%

2039 Riverside DR

Sault Ste Marie, MI

3 beds | 3 baths | 2,000 sq.ft.

$375,000

Airbnb cash on cash: 0.27%

Traditional cash on cash: 6.31%

Airbnb Rental Income: $1520

Traditional Rental Income: $3203

Airbnb ROI: 0.27%

Traditional ROI: 6.31%

3349 Lakeshore Drive

Sault Ste Marie, MI

3 beds | 3 baths | 2,226 sq.ft.

$499,000

Airbnb cash on cash: -0.42%

Traditional cash on cash: 4.21%

Airbnb Rental Income: $1520

Traditional Rental Income: $3236

Airbnb ROI: -0.42%

Traditional ROI: 4.21%

1306 Park ST

Sault Ste Marie, MI

3 beds | 2 baths | 1,104 sq.ft.

$207,000

Airbnb cash on cash: 2.5%

Traditional cash on cash: 7.78%

Airbnb Rental Income: $1520

Traditional Rental Income: $2115

Airbnb ROI: 2.5%

Traditional ROI: 7.78%

TBD E 7 Mile Rd

Sault Ste Marie, MI

N/A beds | N/A baths | N/A

$318,400

Airbnb cash on cash: N/A

Traditional cash on cash: -0.07%

Airbnb Rental Income: $null

Traditional Rental Income: $827

Airbnb ROI: N/A

Traditional ROI: -0.07%

54.4 acres S Mackinac Trl

Sault Ste Marie, MI

N/A beds | N/A baths | N/A

$625,000

Airbnb cash on cash: N/A

Traditional cash on cash: -1.29%

Airbnb Rental Income: $null

Traditional Rental Income: $816

Airbnb ROI: N/A

Traditional ROI: -1.29%

TBD Riverside Dr

Sault Ste Marie, MI

N/A beds | N/A baths | N/A

$299,000

Airbnb cash on cash: N/A

Traditional cash on cash: 0.22%

Airbnb Rental Income: $null

Traditional Rental Income: $866

Airbnb ROI: N/A