Real Estate Investment Properties for Sale in Three Rivers, MI

Looking for investment property in Three Rivers, MI with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
59446 Ferguson Road Three Rivers, MI Completely Updated Ranch Walkout on 5 Acres! Beautiful wooded property with a 32x56 pole b...	3 beds \| 3 baths \| 3,660 sq.ft.	$450,000	Airbnb cash on cash: -0.97% Traditional cash on cash: 6.29% Airbnb Rental Income: $1056 Traditional Rental Income: $3750 Airbnb ROI: -0.97% Traditional ROI: 6.29%
17043 Cotherman lake Road Three Rivers, MI Beautifully updated 3 bed, 1 bath ranch with a full basement and a 1 acre fenced lot. Sell...	3 beds \| 1 baths \| 1,040 sq.ft.	$254,900	Airbnb cash on cash: 0.44% Traditional cash on cash: 4.25% Airbnb Rental Income: $1056 Traditional Rental Income: $1609 Airbnb ROI: 0.44% Traditional ROI: 4.25%
15705 Shady Lane Three Rivers, MI PENDING! Open House 10/11 cancelled! Welcome to this lovely ranch walkout on 4+ rolling ac...	3 beds \| N/A baths \| 2,800 sq.ft.	$387,000	Airbnb cash on cash: -0.56% Traditional cash on cash: 6.8% Airbnb Rental Income: $1056 Traditional Rental Income: $3365 Airbnb ROI: -0.56% Traditional ROI: 6.8%
10281 Walnut Drive Three Rivers, MI Quiet Long Lake Getaway! Charming, remodeled 3-season home AND land with nearly 50 ft o...	2 beds \| 1 baths \| 740 sq.ft.	$144,900	Airbnb cash on cash: 7.66% Traditional cash on cash: 7.41% Airbnb Rental Income: $1983 Traditional Rental Income: $1428 Airbnb ROI: 7.66% Traditional ROI: 7.41%
132 Middle Street Three Rivers, MI Charming 2-story home in the heart of Three Rivers! This property offers spacious living w...	3 beds \| N/A baths \| 1,420 sq.ft.	$129,900	Airbnb cash on cash: 1.83% Traditional cash on cash: 4.71% Airbnb Rental Income: $1056 Traditional Rental Income: $1051 Airbnb ROI: 1.83% Traditional ROI: 4.71%
58568 Ash Road Three Rivers, MI Welcome home! This charming 2 bedroom, 1 bath ranch sits along the St. Joe River, offering...	2 beds \| 1 baths \| 1,044 sq.ft.	$197,000	Airbnb cash on cash: 5.63% Traditional cash on cash: 7.3% Airbnb Rental Income: $1983 Traditional Rental Income: $1776 Airbnb ROI: 5.63% Traditional ROI: 7.3%
1232 Shiawassee River Road Three Rivers, MI Great place to call home in an attractive community along the Portage River. This home off...	3 beds \| 2 baths \| 1,100 sq.ft.	$95,000	Airbnb cash on cash: 3.96% Traditional cash on cash: 8.49% Airbnb Rental Income: $1056 Traditional Rental Income: $1110 Airbnb ROI: 3.96% Traditional ROI: 8.49%
20781 Schweitzer Road Three Rivers, MI Welcome to an extraordinary 22.5-acre property boasting over 1,200 feet of frontage on the...	3 beds \| N/A baths \| 2,032 sq.ft.	$485,000	Airbnb cash on cash: -0.8% Traditional cash on cash: 4.75% Airbnb Rental Income: $1056 Traditional Rental Income: $3209 Airbnb ROI: -0.8% Traditional ROI: 4.75%
215 S Lincoln Avenue Three Rivers, MI Welcome to your dream home in the heart of Three Rivers School District! This beautifully ...	4 beds \| 2 baths \| 2,104 sq.ft.	$248,000	Airbnb cash on cash: 9.06% Traditional cash on cash: 5.55% Airbnb Rental Income: $3575 Traditional Rental Income: $1969 Airbnb ROI: 9.06% Traditional ROI: 5.55%
58640 Pond View Lane Three Rivers, MI Newly constructed bi-level in the River Watch Community. This split level home boasts feat...	3 beds \| N/A baths \| 2,060 sq.ft.	$275,350	Airbnb cash on cash: 1.22% Traditional cash on cash: 8.06% Airbnb Rental Income: $1056 Traditional Rental Income: $2466 Airbnb ROI: 1.22% Traditional ROI: 8.06%
900 Elm Street Three Rivers, MI Exceptionally rebuilt and thoughtfully redesigned, this ranch sits on a half-acre lot with...	3 beds \| N/A baths \| 2,488 sq.ft.	$367,500	Airbnb cash on cash: -0.2% Traditional cash on cash: 4.56% Airbnb Rental Income: $1056 Traditional Rental Income: $2333 Airbnb ROI: -0.2% Traditional ROI: 4.56%
611 Rock River Avenue Three Rivers, MI	3 beds \| 1 baths \| 1,567 sq.ft.	$136,000	Airbnb cash on cash: 2.01% Traditional cash on cash: 6.26% Airbnb Rental Income: $1056 Traditional Rental Income: $1246 Airbnb ROI: 2.01% Traditional ROI: 6.26%
15494 Coon Hollow Road Three Rivers, MI Completely updated 4-bedroom, 1.5-bathroom Fannie Mae property. It features three bedrooms...	4 beds \| N/A baths \| 1,446 sq.ft.	$260,000	Airbnb cash on cash: 9.01% Traditional cash on cash: 8.83% Airbnb Rental Income: $3575 Traditional Rental Income: $2744 Airbnb ROI: 9.01% Traditional ROI: 8.83%
52199 Nancy Lane Three Rivers, MI Welcome to this beautiful 2-bedroom, 2-bath ranch with exclusive access to all-sports Port...	2 beds \| 2 baths \| 1,165 sq.ft.	$299,000	Airbnb cash on cash: 2.86% Traditional cash on cash: 5.37% Airbnb Rental Income: $1983 Traditional Rental Income: $2169 Airbnb ROI: 2.86% Traditional ROI: 5.37%
801 Portage Avenue Three Rivers, MI This property is also available to be residential, but current use is professional office....	4 beds \| 1 baths \| 3,186 sq.ft.	$319,900	Airbnb cash on cash: 6.82% Traditional cash on cash: 6.5% Airbnb Rental Income: $3575 Traditional Rental Income: $2692 Airbnb ROI: 6.82% Traditional ROI: 6.5%
611 East Street Three Rivers, MI Nestled in the heart of Three Rivers, this enchanting two-story farmhouse is a celebration...	3 beds \| 1 baths \| 1,266 sq.ft.	$179,500	Airbnb cash on cash: 0.91% Traditional cash on cash: 6.78% Airbnb Rental Income: $1056 Traditional Rental Income: $1694 Airbnb ROI: 0.91% Traditional ROI: 6.78%
211 E Wheeler Street Three Rivers, MI Charming and Move-In ready 2 bedroom 1 bath home in the heart of Three Rivers! This beauti...	2 beds \| 1 baths \| 902 sq.ft.	$159,000	Airbnb cash on cash: 7.22% Traditional cash on cash: 8% Airbnb Rental Income: $1983 Traditional Rental Income: $1582 Airbnb ROI: 7.22% Traditional ROI: 8%
1209 7th Street Three Rivers, MI This super cute 3 bedroom, 3 full bathroom home has been beautifully updated from top to b...	3 beds \| 3 baths \| 1,501 sq.ft.	$205,000	Airbnb cash on cash: 1.47% Traditional cash on cash: 7.1% Airbnb Rental Income: $1056 Traditional Rental Income: $1787 Airbnb ROI: 1.47% Traditional ROI: 7.1%
406 Spring Street Three Rivers, MI Terrific Three Rivers location, with a large corner lot! This charming home has endless po...	2 beds \| 1 baths \| 1,291 sq.ft.	$135,900	Airbnb cash on cash: 8.51% Traditional cash on cash: 8.95% Airbnb Rental Income: $1983 Traditional Rental Income: $1521 Airbnb ROI: 8.51% Traditional ROI: 8.95%
518 McKinley Court Three Rivers, MI NEW Construction Condo in 55+ Community - The Meadows of Three Rivers. Never mow grass, we...	2 beds \| 2 baths \| 1,304 sq.ft.	$239,900	Airbnb cash on cash: 3.4% Traditional cash on cash: 7.99% Airbnb Rental Income: $1983 Traditional Rental Income: $2506 Airbnb ROI: 3.4% Traditional ROI: 7.99%
15442 Flowerfield Road Three Rivers, MI Beautiful country setting. Flowerfield 3-bedroom with 2-full-baths on a large in-town lot....	3 beds \| 2 baths \| 1,568 sq.ft.	$159,777	Airbnb cash on cash: 2.28% Traditional cash on cash: 8.95% Airbnb Rental Income: $1056 Traditional Rental Income: $1710 Airbnb ROI: 2.28% Traditional ROI: 8.95%
19890 M-60 Three Rivers, MI Luxury Lakefront Living - Oriented for stunning lake views on 1.9 acres and 225 ft. of san...	4 beds \| N/A baths \| 8,846 sq.ft.	$2,249,000	Airbnb cash on cash: -0.57% Traditional cash on cash: 1.56% Airbnb Rental Income: $3575 Traditional Rental Income: $7229 Airbnb ROI: -0.57% Traditional ROI: 1.56%
55042 West End Road Three Rivers, MI You will love this meticulously maintained home and its access to FISHERS LAKE! Recent up...	4 beds \| 4 baths \| 2,440 sq.ft.	$419,900	Airbnb cash on cash: 4.97% Traditional cash on cash: 6.25% Airbnb Rental Income: $3575 Traditional Rental Income: $3293 Airbnb ROI: 4.97% Traditional ROI: 6.25%
608 Arizona Boulevard Three Rivers, MI New construction home in Meadowbrook Farms West, located in Three Rivers school district. ...	4 beds \| N/A baths \| 1,909 sq.ft.	$289,900	Airbnb cash on cash: 8.35% Traditional cash on cash: 9.75% Airbnb Rental Income: $3575 Traditional Rental Income: $3171 Airbnb ROI: 8.35% Traditional ROI: 9.75%
606 Arizona Boulevard Three Rivers, MI New construction home in Meadowbrook Farms West, located in Three Rivers school district. ...	4 beds \| N/A baths \| 1,882 sq.ft.	$299,900	Airbnb cash on cash: 8.04% Traditional cash on cash: 9.27% Airbnb Rental Income: $3575 Traditional Rental Income: $3137 Airbnb ROI: 8.04% Traditional ROI: 9.27%
604 Arizona Boulevard Three Rivers, MI New construction home in Meadowbrook Farms West, located in Three Rivers school district. ...	4 beds \| N/A baths \| 1,830 sq.ft.	$284,900	Airbnb cash on cash: 8.51% Traditional cash on cash: 9.83% Airbnb Rental Income: $3575 Traditional Rental Income: $3145 Airbnb ROI: 8.51% Traditional ROI: 9.83%
500 E Hoffman Street Three Rivers, MI This is your chance to own an iconic Three Rivers home. Dr. O'Dell's home, custom built in...	4 beds \| 3 baths \| 2,885 sq.ft.	$290,000	Airbnb cash on cash: 7.44% Traditional cash on cash: 9.92% Airbnb Rental Income: $3575 Traditional Rental Income: $3469 Airbnb ROI: 7.44% Traditional ROI: 9.92%
58604 E Clear Lake Road Three Rivers, MI Welcome to lakefront luxury at its finest. This stunning custom home is set on a private l...	2 beds \| N/A baths \| 2,145 sq.ft.	$1,650,000	Airbnb cash on cash: -0.66% Traditional cash on cash: 0.62% Airbnb Rental Income: $1983 Traditional Rental Income: $3433 Airbnb ROI: -0.66% Traditional ROI: 0.62%
22460 Kline's Resort lot: 117 Three Rivers, MI Township Tax is currently $3/month for each month occupied for 15 days or more. Lot rent i...	3 beds \| 2 baths \| 1,700 sq.ft.	$139,000	Airbnb cash on cash: -2.34% Traditional cash on cash: 11.09% Airbnb Rental Income: $1056 Traditional Rental Income: $2481 Airbnb ROI: -2.34% Traditional ROI: 11.09%
14765 Millard Road Three Rivers, MI Opportunity awaits on this 7.5-acre parcel! Ideal setting for a new build, barndominium or...	3 beds \| 2 baths \| 1,742 sq.ft.	$224,900	Airbnb cash on cash: 0.76% Traditional cash on cash: 8.25% Airbnb Rental Income: $1056 Traditional Rental Income: $2286 Airbnb ROI: 0.76% Traditional ROI: 8.25%
53266 US-131 Three Rivers, MI Just a perfectly maintained 3 bedroom home sitting on a full basement and approx. 4 acre l...	3 beds \| 2 baths \| 1,330 sq.ft.	$399,900	Airbnb cash on cash: 0.04% Traditional cash on cash: 3.62% Airbnb Rental Income: $1056 Traditional Rental Income: $2033 Airbnb ROI: 0.04% Traditional ROI: 3.62%
57907 James Drive Three Rivers, MI New home 3 bed 2 bath close to shopping malls new construction has St. joe River access se...	3 beds \| 2 baths \| 1,166 sq.ft.	$199,900	Airbnb cash on cash: 0.63% Traditional cash on cash: 8.28% Airbnb Rental Income: $1056 Traditional Rental Income: $2141 Airbnb ROI: 0.63% Traditional ROI: 8.28%
10142 Walnut Drive Three Rivers, MI Welcome to this well-kept home nestled on two spacious lots with 111 feet of beautiful lak...	3 beds \| 2 baths \| 1,374 sq.ft.	$550,000	Airbnb cash on cash: -0.25% Traditional cash on cash: 3.22% Airbnb Rental Income: $1056 Traditional Rental Income: $2472 Airbnb ROI: -0.25% Traditional ROI: 3.22%
17083 Lovers Lane Three Rivers, MI FHA Offers now welcome! Welcome to this charming 3-bedroom, 1-bathroom ranch, nestled on a...	3 beds \| 1 baths \| 936 sq.ft.	$184,900	Airbnb cash on cash: 1.65% Traditional cash on cash: 7.1% Airbnb Rental Income: $1056 Traditional Rental Income: $1649 Airbnb ROI: 1.65% Traditional ROI: 7.1%
58730 Ash Road Three Rivers, MI BACK ON THE MARKET DUE TO NO FAULT OF THE SELLERS Welcome to 58730 Ash Road-where mode...	2 beds \| 1 baths \| 1,242 sq.ft.	$205,000	Airbnb cash on cash: 5.38% Traditional cash on cash: 7.21% Airbnb Rental Income: $1983 Traditional Rental Income: $1818 Airbnb ROI: 5.38% Traditional ROI: 7.21%
938 Clausen Avenue Three Rivers, MI 3 bedroom, 1 bath home with attached two car garage. Large backyard. Auction ends Septembe...	3 beds \| 1 baths \| 1,800 sq.ft.	$151,500	Airbnb cash on cash: 1.67% Traditional cash on cash: 10.12% Airbnb Rental Income: $1056 Traditional Rental Income: $1916 Airbnb ROI: 1.67% Traditional ROI: 10.12%
57436 Gearharts Landing Road Three Rivers, MI Lakefront Paradise on 262-Acre Pleasant Lake - 731 Ft of Frontage! Welcome to your dream g...	4 beds \| 2 baths \| 2,336 sq.ft.	$1,400,000	Airbnb cash on cash: 0.57% Traditional cash on cash: 0.8% Airbnb Rental Income: $3575 Traditional Rental Income: $3093 Airbnb ROI: 0.57% Traditional ROI: 0.8%
106 N Erie Street Three Rivers, MI First time on market multi-generational home that is pristine, well cared for and has plen...	3 beds \| 1 baths \| 2,580 sq.ft.	$265,000	Airbnb cash on cash: 0.36% Traditional cash on cash: 5.62% Airbnb Rental Income: $1056 Traditional Rental Income: $2006 Airbnb ROI: 0.36% Traditional ROI: 5.62%
522 Mckinley Court Three Rivers, MI Move In Ready! New construction 2 bed, 2 bath in The Meadows of Three Rivers section C of ...	2 beds \| 2 baths \| 1,248 sq.ft.	$229,900	Airbnb cash on cash: 3.58% Traditional cash on cash: 8.4% Airbnb Rental Income: $1983 Traditional Rental Income: $2511 Airbnb ROI: 3.58% Traditional ROI: 8.4%
1010 East Street Three Rivers, MI Step inside this one of a kind 4 bedroom 4 bath sprawling ranch sitting on a rare triple l...	4 beds \| 3 baths \| 4,080 sq.ft.	$419,000	Airbnb cash on cash: 4.65% Traditional cash on cash: 8.11% Airbnb Rental Income: $3575 Traditional Rental Income: $4148 Airbnb ROI: 4.65% Traditional ROI: 8.11%

Real Estate investment in Three-rivers, MI

There are 71 properties for sale in the city of Three Rivers . The median list price in Three Rivers is $243,000 and the average price per square foot is $128. In October 2025, the average monthly cash on cash return in Three Rivers is 8.00%. The average monthly rental income in Three Rivers is $2,277.

Three-rivers, MI Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 71 investment properties available for sale in Three-rivers.

In 2025, the best neighborhood to buy investment property is Three Rivers.

The ROI for Long-Term is higher than the Short-Term in Three-rivers with average rental income of $2,277.

Your search for investment property begins and ends here

Investment Property for Sale in Three Rivers, MI

59446 Ferguson Road

Three Rivers, MI

3 beds | 3 baths | 3,660 sq.ft.

$450,000

Airbnb cash on cash: -0.97%

Traditional cash on cash: 6.29%

Airbnb Rental Income: $1056

Traditional Rental Income: $3750

Airbnb ROI: -0.97%

Traditional ROI: 6.29%

17043 Cotherman lake Road

Three Rivers, MI

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

$254,900

Airbnb cash on cash: 0.44%

Traditional cash on cash: 4.25%

Airbnb Rental Income: $1056

Traditional Rental Income: $1609

Airbnb ROI: 0.44%

Traditional ROI: 4.25%

15705 Shady Lane

Three Rivers, MI

3 beds | N/A baths | 2,800 sq.ft.

$387,000

Airbnb cash on cash: -0.56%

Traditional cash on cash: 6.8%

Airbnb Rental Income: $1056

Traditional Rental Income: $3365

Airbnb ROI: -0.56%

Traditional ROI: 6.8%

10281 Walnut Drive

Three Rivers, MI

2 beds | 1 baths | 740 sq.ft.

$144,900

Airbnb cash on cash: 7.66%

Traditional cash on cash: 7.41%

Airbnb Rental Income: $1983

Traditional Rental Income: $1428

Airbnb ROI: 7.66%

Traditional ROI: 7.41%

132 Middle Street

Three Rivers, MI

3 beds | N/A baths | 1,420 sq.ft.

$129,900

Airbnb cash on cash: 1.83%

Traditional cash on cash: 4.71%

Airbnb Rental Income: $1056

Traditional Rental Income: $1051

Airbnb ROI: 1.83%

Traditional ROI: 4.71%

58568 Ash Road

Three Rivers, MI

2 beds | 1 baths | 1,044 sq.ft.

$197,000

Airbnb cash on cash: 5.63%

Traditional cash on cash: 7.3%

Airbnb Rental Income: $1983

Traditional Rental Income: $1776

Airbnb ROI: 5.63%

Traditional ROI: 7.3%

1232 Shiawassee River Road

Three Rivers, MI

3 beds | 2 baths | 1,100 sq.ft.

$95,000

Airbnb cash on cash: 3.96%

Traditional cash on cash: 8.49%

Airbnb Rental Income: $1056

Traditional Rental Income: $1110

Airbnb ROI: 3.96%

Traditional ROI: 8.49%

20781 Schweitzer Road

Three Rivers, MI

3 beds | N/A baths | 2,032 sq.ft.

$485,000

Airbnb cash on cash: -0.8%

Traditional cash on cash: 4.75%

Airbnb Rental Income: $1056

Traditional Rental Income: $3209

Airbnb ROI: -0.8%