Real Estate Investment Properties for Sale in Traverse City, MI

Looking for investment property in Traverse City, MI with high ROI ?

Explore a variety of short-term homes & houses in Traverse City, MI. Invest wisely with VRBO & Traverse City, MI Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Single Family Homes for Sale in Traverse City, MI

Search for Single Family Residential for Sale in Traverse City, Michigan. Browse all of Mashvisor’s Single Family Residential listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 218 Single Family Residential listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
687 George Street Traverse City, MI Charming East Side Home! Conveniently situated near the TART Trail, local restaurants, and...	3 beds \| 1 baths \| 864 sq.ft.	$319,000	Airbnb cash on cash: 0.05% Traditional cash on cash: 2.04% Airbnb Rental Income: $1264 Traditional Rental Income: $1462 Airbnb ROI: 0.05% Traditional ROI: 2.04%
3760 Five Mile Road Traverse City, MI East Bay bungalow on a large 1 acre lot just a few miles from the TART trail and Grand Tra...	2 beds \| 2 baths \| 1,164 sq.ft.	$280,000	Airbnb cash on cash: 0.84% Traditional cash on cash: 4.78% Airbnb Rental Income: $1220 Traditional Rental Income: $1869 Airbnb ROI: 0.84% Traditional ROI: 4.78%
438 Davis Street Traverse City, MI Mid-Century Charm in Traverse Cityâs Beloved âTriangle' neighborhood. Acutely tucked ...	2 beds \| 1 baths \| 983 sq.ft.	$360,000	Airbnb cash on cash: -0.58% Traditional cash on cash: 1.93% Airbnb Rental Income: $997 Traditional Rental Income: $1491 Airbnb ROI: -0.58% Traditional ROI: 1.93%
4548 Choice Circle Traverse City, MI This inviting ranch home offers effortless main-floor living on a roomy 0.5-acre lot, prov...	3 beds \| 2 baths \| 1,621 sq.ft.	$349,900	Airbnb cash on cash: 0.31% Traditional cash on cash: 4.01% Airbnb Rental Income: $1485 Traditional Rental Income: $2264 Airbnb ROI: 0.31% Traditional ROI: 4.01%
2219 BLACK FOREST LANE Traverse City, MI Stunning park-like setting for this fully updated 4 bedroom 2.5 bath home set on over an a...	4 beds \| 3 baths \| 2,086 sq.ft.	$464,900	Airbnb cash on cash: 1.08% Traditional cash on cash: 3.76% Airbnb Rental Income: $2220 Traditional Rental Income: $2829 Airbnb ROI: 1.08% Traditional ROI: 3.76%
6393 Center Road Traverse City, MI Nice 3 bedroom 2 bath home on the Peninsula, with attached garage. Basement has a fourth b...	3 beds \| 2 baths \| 1,210 sq.ft.	$380,000	Airbnb cash on cash: -1.05% Traditional cash on cash: 2.45% Airbnb Rental Income: $970 Traditional Rental Income: $1867 Airbnb ROI: -1.05% Traditional ROI: 2.45%
2352 Grouse Drive Traverse City, MI Welcome home to this charming and cozy 4 bedroom, 2 bathroom home that has been recently u...	4 beds \| 2 baths \| 2,317 sq.ft.	$339,000	Airbnb cash on cash: 1.7% Traditional cash on cash: 5.19% Airbnb Rental Income: $1889 Traditional Rental Income: $2496 Airbnb ROI: 1.7% Traditional ROI: 5.19%
1938 Lardie Road Traverse City, MI Stylish updates meet everyday comfort in this move-in ready Traverse City home! The renova...	4 beds \| 1 baths \| 2,035 sq.ft.	$350,000	Airbnb cash on cash: 3.11% Traditional cash on cash: 3.8% Airbnb Rental Income: $2220 Traditional Rental Income: $1889 Airbnb ROI: 3.11% Traditional ROI: 3.8%
3841 Manchester Road Traverse City, MI Popular East side location!! This adorable ranch is boasting with modern updates throughou...	3 beds \| 2 baths \| 1,680 sq.ft.	$439,900	Airbnb cash on cash: -0.65% Traditional cash on cash: 2.86% Airbnb Rental Income: $1264 Traditional Rental Income: $2311 Airbnb ROI: -0.65% Traditional ROI: 2.86%
9639 E WALKABOUT LANE Traverse City, MI Leelanau County living with easy TC proximity! Located in the highly sought-after Outback ...	4 beds \| 3 baths \| 2,916 sq.ft.	$675,000	Airbnb cash on cash: -0.52% Traditional cash on cash: 2.2% Airbnb Rental Income: $1912 Traditional Rental Income: $3113 Airbnb ROI: -0.52% Traditional ROI: 2.2%
2755 Shore Wood Drive Traverse City, MI Experience the ultimate lifestyle on West Grand Traverse Bay! This property boasts a sandy...	4 beds \| 4 baths \| 4,506 sq.ft.	$3,250,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.01% Airbnb Rental Income: $null Traditional Rental Income: $4519 Airbnb ROI: N/A Traditional ROI: 0.01%
1179 Umber Drive Traverse City, MI This efficient 2-bedroom, 2-bath home boasts an open floor plan with vaulted ceilings, sin...	2 beds \| 2 baths \| 1,349 sq.ft.	$353,000	Airbnb cash on cash: -0.31% Traditional cash on cash: 3.68% Airbnb Rental Income: $1220 Traditional Rental Income: $2148 Airbnb ROI: -0.31% Traditional ROI: 3.68%
10579 Camrose Circle Traverse City, MI Welcome to Morgan Farms, Traverse City's highly desirable private communities! Beautifull...	3 beds \| 4 baths \| 2,520 sq.ft.	$729,000	Airbnb cash on cash: -0.85% Traditional cash on cash: 3.07% Airbnb Rental Income: $1379 Traditional Rental Income: $3625 Airbnb ROI: -0.85% Traditional ROI: 3.07%
19545 Woodland Trail Traverse City, MI Looking for a sense of peace, privacy, and true connection to nature? Tucked into 8 acres ...	3 beds \| 3 baths \| 2,425 sq.ft.	$845,000	Airbnb cash on cash: -0.45% Traditional cash on cash: 2.6% Airbnb Rental Income: $1379 Traditional Rental Income: $3364 Airbnb ROI: -0.45% Traditional ROI: 2.6%
7320 Peninsula Drive Traverse City, MI This beautifully renovated colonial on Peninsula Drive is undoubtedly a rare findâofferi...	4 beds \| 3 baths \| 2,931 sq.ft.	$1,000,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.05% Airbnb Rental Income: $null Traditional Rental Income: $3616 Airbnb ROI: N/A Traditional ROI: 2.05%
610 W Tenth Street Traverse City, MI Welcome to 610 W Tenth Street - a charming 3-bedroom, 2-bath bungalow in downtown Traverse...	3 beds \| 2 baths \| 1,741 sq.ft.	$500,000	Airbnb cash on cash: -0.59% Traditional cash on cash: 2.73% Airbnb Rental Income: $1047 Traditional Rental Income: $2234 Airbnb ROI: -0.59% Traditional ROI: 2.73%
9600 Lake Leelanau Drive Traverse City, MI Welcome to a fresh, light-filled home that offers a blend of Leelanau Countyâs scenic la...	4 beds \| 2 baths \| 2,050 sq.ft.	$525,000	Airbnb cash on cash: 1.12% Traditional cash on cash: 3.1% Airbnb Rental Income: $1912 Traditional Rental Income: $2376 Airbnb ROI: 1.12% Traditional ROI: 3.1%
3093 Horseshoe Drive Traverse City, MI This spacious five-bedroom, 2 full bath home offers the perfect blend of comfort, function...	5 beds \| 2 baths \| 1,674 sq.ft.	$430,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.14% Airbnb Rental Income: $null Traditional Rental Income: $2375 Airbnb ROI: N/A Traditional ROI: 3.14%
5233 Liberty Drive Traverse City, MI Nestled on a private, wooded half-acre in Traverse Cityâs sought-after Heritage Estates,...	4 beds \| 4 baths \| 3,007 sq.ft.	$550,000	Airbnb cash on cash: -0.01% Traditional cash on cash: 4.32% Airbnb Rental Income: $1889 Traditional Rental Income: $3610 Airbnb ROI: -0.01% Traditional ROI: 4.32%
733 SIXTH STREET Traverse City, MI Charming downtown Traverse City home located on a rare corner lot with the serene Kids Cre...	3 beds \| 2 baths \| 1,323 sq.ft.	$299,900	Airbnb cash on cash: -0.36% Traditional cash on cash: 4.18% Airbnb Rental Income: $1047 Traditional Rental Income: $1964 Airbnb ROI: -0.36% Traditional ROI: 4.18%
1335 W OUTER DRIVE Traverse City, MI Imagine owning this distinctive 3BR/2.5BA residence on Traverse City's SW side, where capt...	3 beds \| 3 baths \| 2,012 sq.ft.	$1,597,500	Airbnb cash on cash: -0.64% Traditional cash on cash: 0.45% Airbnb Rental Income: $1485 Traditional Rental Income: $2664 Airbnb ROI: -0.64% Traditional ROI: 0.45%
3250 Tibbets Drive Traverse City, MI Enjoy peaceful lakefront living with 125 feet of private frontage on beautiful Tibbets Lak...	4 beds \| 3 baths \| 2,632 sq.ft.	$601,700	Airbnb cash on cash: 1.21% Traditional cash on cash: 4.39% Airbnb Rental Income: $2220 Traditional Rental Income: $3447 Airbnb ROI: 1.21% Traditional ROI: 4.39%
7135 E Birch Point Road Traverse City, MI Experience the best of Leelanau living with this extraordinary 107-acre property featuring...	4 beds \| 3 baths \| 3,372 sq.ft.	$3,790,000	Airbnb cash on cash: -0.9% Traditional cash on cash: -0.37% Airbnb Rental Income: $1912 Traditional Rental Income: $3266 Airbnb ROI: -0.9% Traditional ROI: -0.37%
2288 Nimrod Road Traverse City, MI Welcome to 2288 Nimrod Road â a beautifully maintained ranch home nestled on 3 peaceful ...	4 beds \| 2 baths \| 1,400 sq.ft.	$400,000	Airbnb cash on cash: 2.23% Traditional cash on cash: 3.9% Airbnb Rental Income: $2145 Traditional Rental Income: $2224 Airbnb ROI: 2.23% Traditional ROI: 3.9%
5964 DEER TRAIL DRIVE Traverse City, MI Completely remodeled home set on peaceful & private 10 acre lot with meandering trails, an...	4 beds \| 3 baths \| 2,861 sq.ft.	$849,900	Airbnb cash on cash: 0.41% Traditional cash on cash: 2.58% Airbnb Rental Income: $1912 Traditional Rental Income: $3122 Airbnb ROI: 0.41% Traditional ROI: 2.58%
3490 Holiday Village Road Traverse City, MI Just minutes from downtown Traverse City and the sparkling shores of East Bay, this beauti...	3 beds \| 2 baths \| 2,126 sq.ft.	$529,000	Airbnb cash on cash: -0.08% Traditional cash on cash: 3.52% Airbnb Rental Income: $1264 Traditional Rental Income: $2644 Airbnb ROI: -0.08% Traditional ROI: 3.52%
908 Sienna Street Traverse City, MI Move-in ready 3-bedroom, 2-bathroom home in the sought-after Traditions neighborhood is re...	3 beds \| 2 baths \| 1,310 sq.ft.	$345,000	Airbnb cash on cash: 0.37% Traditional cash on cash: 4.7% Airbnb Rental Income: $1264 Traditional Rental Income: $2269 Airbnb ROI: 0.37% Traditional ROI: 4.7%
10371 Deerpath North Traverse City, MI Welcome to 10371 Deerpath North â where lake life meets luxury without the million-dolla...	3 beds \| 3 baths \| 2,883 sq.ft.	$779,000	Airbnb cash on cash: -0.9% Traditional cash on cash: 0.91% Airbnb Rental Income: $1485 Traditional Rental Income: $2361 Airbnb ROI: -0.9% Traditional ROI: 0.91%
3033 Hartman Road Traverse City, MI Just minutes from downtown Traverse City, this 3-bedroom, 1-bath ranch home sits on 2.3 ac...	3 beds \| 1 baths \| 1,774 sq.ft.	$400,000	Airbnb cash on cash: 0.02% Traditional cash on cash: 1.87% Airbnb Rental Income: $1485 Traditional Rental Income: $1742 Airbnb ROI: 0.02% Traditional ROI: 1.87%
430 Davis Street Traverse City, MI Welcome to this beautifully updated 2-bed, 1-bath home featuring a full unfinished basemen...	2 beds \| 1 baths \| 1,172 sq.ft.	$420,000	Airbnb cash on cash: -1.13% Traditional cash on cash: 1.07% Airbnb Rental Income: $997 Traditional Rental Income: $1507 Airbnb ROI: -1.13% Traditional ROI: 1.07%
1609 E Eighth Street Traverse City, MI Charming In-Town Ranch \| 1609 E 8th St., Traverse City Welcome to this delightful 1950 ra...	2 beds \| 1 baths \| 700 sq.ft.	$319,000	Airbnb cash on cash: -0.69% Traditional cash on cash: 1.14% Airbnb Rental Income: $997 Traditional Rental Income: $1190 Airbnb ROI: -0.69% Traditional ROI: 1.14%
1215 Santo Street Traverse City, MI Welcome to 1215 Santo Street, a beautifully crafted 4-bedroom, 3-bath home built in 2022, ...	4 beds \| 3 baths \| 2,478 sq.ft.	$539,000	Airbnb cash on cash: 0.58% Traditional cash on cash: 2.12% Airbnb Rental Income: $2220 Traditional Rental Income: $2432 Airbnb ROI: 0.58% Traditional ROI: 2.12%
10191 PENINSULA DRIVE Traverse City, MI Views of West Bay from every room on the front of the house! Contemporary on Old Mission! ...	4 beds \| 4 baths \| 3,800 sq.ft.	$2,645,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.32% Airbnb Rental Income: $null Traditional Rental Income: $2415 Airbnb ROI: N/A Traditional ROI: -0.32%
2764 W Crown Drive Traverse City, MI Welcome to 2764 W Crown Driveâa stunning 2022 ranch-style home in Traverse Cityâs cove...	4 beds \| 3 baths \| 3,260 sq.ft.	$965,000	Airbnb cash on cash: 0.34% Traditional cash on cash: 2.21% Airbnb Rental Income: $1889 Traditional Rental Income: $3062 Airbnb ROI: 0.34% Traditional ROI: 2.21%
10519 Camrose Circle Traverse City, MI Experience the best of Northern Michigan living in this beautifully appointed Morgan Farms...	3 beds \| 4 baths \| 2,520 sq.ft.	$800,000	Airbnb cash on cash: -0.91% Traditional cash on cash: 2.39% Airbnb Rental Income: $1379 Traditional Rental Income: $3420 Airbnb ROI: -0.91% Traditional ROI: 2.39%
872 Vienna Way Traverse City, MI Tucked at the end of a quiet cul-de-sac in Verndale Estates, 872 Vienna Way delivers clean...	3 beds \| 3 baths \| 3,065 sq.ft.	$759,000	Airbnb cash on cash: -0.03% Traditional cash on cash: 3.24% Airbnb Rental Income: $1264 Traditional Rental Income: $3183 Airbnb ROI: -0.03% Traditional ROI: 3.24%
311 W 12th Street Traverse City, MI IN-TOWN TC is 4 U coupled with all the charm of Northern Michigan water-front community li...	4 beds \| 1 baths \| 1,714 sq.ft.	$480,000	Airbnb cash on cash: 1.43% Traditional cash on cash: 2.6% Airbnb Rental Income: $1889 Traditional Rental Income: $1909 Airbnb ROI: 1.43% Traditional ROI: 2.6%
12 Plover Drive Traverse City, MI You will enjoy the country setting, yet be close to town. This large four bedroom home has...	4 beds \| 2 baths \| 1,462 sq.ft.	$419,900	Airbnb cash on cash: 0.68% Traditional cash on cash: 3.12% Airbnb Rental Income: $1889 Traditional Rental Income: $2343 Airbnb ROI: 0.68% Traditional ROI: 3.12%
3619 TOMPKINS ROAD Traverse City, MI Here is your chance to own a fully working farm on the coveted Old Mission Peninsula in Tr...	3 beds \| 2 baths \| 1,632 sq.ft.	$3,500,000	Airbnb cash on cash: -2.37% Traditional cash on cash: -1.72% Airbnb Rental Income: $970 Traditional Rental Income: $2733 Airbnb ROI: -2.37% Traditional ROI: -1.72%
3619 TOMPKINS ROAD + EAGLE RISE ROAD Traverse City, MI Fully working farm on the coveted Old Mission Peninsula in Traverse City, Michigan! Compri...	3 beds \| 2 baths \| 1,632 sq.ft.	$6,500,000	Airbnb cash on cash: -2.45% Traditional cash on cash: -2.14% Airbnb Rental Income: $970 Traditional Rental Income: $2461 Airbnb ROI: -2.45% Traditional ROI: -2.14%

Your search for investment property begins and ends here

Single Family Homes for Sale in Traverse City, MI

687 George Street

Traverse City, MI

3 beds | 1 baths | 864 sq.ft.

$319,000

Airbnb cash on cash: 0.05%

Traditional cash on cash: 2.04%

Airbnb Rental Income: $1264

Traditional Rental Income: $1462

Airbnb ROI: 0.05%

Traditional ROI: 2.04%

3760 Five Mile Road

Traverse City, MI

2 beds | 2 baths | 1,164 sq.ft.

$280,000

Airbnb cash on cash: 0.84%

Traditional cash on cash: 4.78%

Airbnb Rental Income: $1220

Traditional Rental Income: $1869

Airbnb ROI: 0.84%

Traditional ROI: 4.78%

438 Davis Street

Traverse City, MI

2 beds | 1 baths | 983 sq.ft.

$360,000

Airbnb cash on cash: -0.58%

Traditional cash on cash: 1.93%

Airbnb Rental Income: $997

Traditional Rental Income: $1491

Airbnb ROI: -0.58%

Traditional ROI: 1.93%

4548 Choice Circle

Traverse City, MI

3 beds | 2 baths | 1,621 sq.ft.

$349,900

Airbnb cash on cash: 0.31%

Traditional cash on cash: 4.01%

Airbnb Rental Income: $1485

Traditional Rental Income: $2264

Airbnb ROI: 0.31%

Traditional ROI: 4.01%

2219 BLACK FOREST LANE

Traverse City, MI

4 beds | 3 baths | 2,086 sq.ft.

$464,900

Airbnb cash on cash: 1.08%

Traditional cash on cash: 3.76%

Airbnb Rental Income: $2220

Traditional Rental Income: $2829

Airbnb ROI: 1.08%

Traditional ROI: 3.76%

6393 Center Road

Traverse City, MI

3 beds | 2 baths | 1,210 sq.ft.

$380,000

Airbnb cash on cash: -1.05%

Traditional cash on cash: 2.45%

Airbnb Rental Income: $970

Traditional Rental Income: $1867

Airbnb ROI: -1.05%

Traditional ROI: 2.45%

2352 Grouse Drive

Traverse City, MI

4 beds | 2 baths | 2,317 sq.ft.

$339,000

Airbnb cash on cash: 1.7%

Traditional cash on cash: 5.19%

Airbnb Rental Income: $1889

Traditional Rental Income: $2496

Airbnb ROI: 1.7%

Traditional ROI: 5.19%

1938 Lardie Road

Traverse City, MI

4 beds | 1 baths | 2,035 sq.ft.

$350,000

Airbnb cash on cash: 3.11%

Traditional cash on cash: 3.8%

Airbnb Rental Income: $2220

Traditional Rental Income: $1889

Airbnb ROI: 3.11%