Real Estate Investment Properties for Sale in Vanderbilt, MI

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
6802 Mt Vernon Hills Drive Vanderbilt, MI Just reduced to $559,000. Over 4,000 sq ft on 4+ wooded acres, priced at $133/sq ft in Nor...	5 beds \| 4 baths \| 4,196 sq.ft.	$559,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.44% Airbnb Rental Income: $null Traditional Rental Income: $3748 Airbnb ROI: N/A Traditional ROI: 4.44%
8133 Cheboygan St Vanderbilt, MI 8133 Cheboygan St, Vanderbilt, MI 49795 \| Single Family Residential	2 beds \| 1 baths \| 1,200 sq.ft.	$159,000	Airbnb cash on cash: 5.17% Traditional cash on cash: 7.49% Airbnb Rental Income: $1572 Traditional Rental Income: $1472 Airbnb ROI: 5.17% Traditional ROI: 7.49%
433 Alexander Rd Vanderbilt, MI Welcome to 433 Alexander Rd in Vanderbilt, a private Northern Michigan property offering a...	3 beds \| 2 baths \| 1,670 sq.ft.	$499,000	Airbnb cash on cash: 0.06% Traditional cash on cash: 2.24% Airbnb Rental Income: $1304 Traditional Rental Income: $1913 Airbnb ROI: 0.06% Traditional ROI: 2.24%
6691 Boone Ln Vanderbilt, MI Discover your dream retreat in this well-maintained three-bedroom, two-bathroom home, feat...	3 beds \| 2 baths \| 1,800 sq.ft.	$320,000	Airbnb cash on cash: 1.41% Traditional cash on cash: 6.22% Airbnb Rental Income: $1304 Traditional Rental Income: $2345 Airbnb ROI: 1.41% Traditional ROI: 6.22%
11738 Jewell Rd Vanderbilt, MI Large 2004 Cape Cod home in pristine condition. Located on a quiet paved public road just ...	4 beds \| 3 baths \| 4,573 sq.ft.	$456,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.05% Airbnb Rental Income: $null Traditional Rental Income: $2406 Airbnb ROI: N/A Traditional ROI: 4.05%
7207 Airport Rd Vanderbilt, MI Discover the ideal balance of modern comfort and peaceful retreat in this thoughtfully des...	4 beds \| 2 baths \| 1,875 sq.ft.	$237,900	Airbnb cash on cash: N/A Traditional cash on cash: 10% Airbnb Rental Income: $null Traditional Rental Income: $2716 Airbnb ROI: N/A Traditional ROI: 10%
5393 Old Vanderbilt Rd Vanderbilt, MI LOCATION LOCATION LOCATION!!! This 3 bedroom 3 bath home on 20 acres with pond is located ...	3 beds \| 2 baths \| 2,094 sq.ft.	$499,999	Airbnb cash on cash: 0.35% Traditional cash on cash: 4.19% Airbnb Rental Income: $1304 Traditional Rental Income: $2697 Airbnb ROI: 0.35% Traditional ROI: 4.19%
1308 S Magee Rd Vanderbilt, MI 1308 S Magee Rd, Vanderbilt, MI 49795 \| Other	N/A beds \| N/A baths \| N/A	$225,000	Airbnb cash on cash: -0.67% Traditional cash on cash: 0.88% Airbnb Rental Income: $811 Traditional Rental Income: $816 Airbnb ROI: -0.67% Traditional ROI: 0.88%
S Straits Hwy Vanderbilt, MI S Straits Hwy, Vanderbilt, MI 49795 \| Other	N/A beds \| N/A baths \| N/A	$50,000	Airbnb cash on cash: 5.28% Traditional cash on cash: 11.8% Airbnb Rental Income: $811 Traditional Rental Income: $819 Airbnb ROI: 5.28% Traditional ROI: 11.8%
10 AC Old 27 Hwy N #10 Acres Vanderbilt, MI 10 AC Old 27 Hwy N #10 Acres, Vanderbilt, MI 49795 \| Other	N/A beds \| N/A baths \| N/A	$140,000	Airbnb cash on cash: 0.42% Traditional cash on cash: 3.64% Airbnb Rental Income: $811 Traditional Rental Income: $919 Airbnb ROI: 0.42% Traditional ROI: 3.64%
Parcel C Old 27 Hwy N #29.7 Acres Vanderbilt, MI Parcel C Old 27 Hwy N #29.7 Acres, Vanderbilt, MI 49795 \| Other	N/A beds \| N/A baths \| N/A	$145,000	Airbnb cash on cash: 0.33% Traditional cash on cash: 3.53% Airbnb Rental Income: $811 Traditional Rental Income: $931 Airbnb ROI: 0.33% Traditional ROI: 3.53%
8100 Nature Ridge Trl Vanderbilt, MI Unique opportunity to complete your dream home on 8.3 private acres with 250 feet of front...	3 beds \| 2 baths \| 3,353 sq.ft.	$350,000	Airbnb cash on cash: 0.72% Traditional cash on cash: 7.57% Airbnb Rental Income: $1304 Traditional Rental Income: $3152 Airbnb ROI: 0.72% Traditional ROI: 7.57%
1637 Mcgregor Rd Vanderbilt, MI 1637 Mcgregor Rd, Vanderbilt, MI 49795 \| Other	N/A beds \| N/A baths \| N/A	$187,500	Airbnb cash on cash: -0.31% Traditional cash on cash: 2.17% Airbnb Rental Income: $811 Traditional Rental Income: $928 Airbnb ROI: -0.31% Traditional ROI: 2.17%
1722 Mcgregor Rd Vanderbilt, MI 1722 Mcgregor Rd, Vanderbilt, MI 49795 \| Other	N/A beds \| N/A baths \| N/A	$147,900	Airbnb cash on cash: 0.27% Traditional cash on cash: 3.39% Airbnb Rental Income: $811 Traditional Rental Income: $928 Airbnb ROI: 0.27% Traditional ROI: 3.39%
7597 Randolph St Vanderbilt, MI 7597 Randolph St, Vanderbilt, MI 49795 \| Single Family Residential	3 beds \| 1 baths \| 2,421 sq.ft.	$125,000	Airbnb cash on cash: 4.18% Traditional cash on cash: 11.25% Airbnb Rental Income: $1304 Traditional Rental Income: $1748 Airbnb ROI: 4.18% Traditional ROI: 11.25%
6616 Boone Ln Vanderbilt, MI 6616 Boone Ln, Vanderbilt, MI 49795 \| Manufactured Home	2 beds \| 1 baths \| 840 sq.ft.	$189,950	Airbnb cash on cash: 3.18% Traditional cash on cash: 4.58% Airbnb Rental Income: $1572 Traditional Rental Income: $1374 Airbnb ROI: 3.18% Traditional ROI: 4.58%
Dunham Rd #14.95 acres Vanderbilt, MI Dunham Rd #14.95 acres, Vanderbilt, MI 49795 \| Other	N/A beds \| N/A baths \| N/A	$174,900	Airbnb cash on cash: -0.15% Traditional cash on cash: 2.5% Airbnb Rental Income: $811 Traditional Rental Income: $928 Airbnb ROI: -0.15% Traditional ROI: 2.5%
11263 Wilderness Trl Vanderbilt, MI 11263 Wilderness Trl, Vanderbilt, MI 49795 \| Single Family Residential	2 beds \| 2 baths \| 1,400 sq.ft.	$215,000	Airbnb cash on cash: 2.53% Traditional cash on cash: 6.7% Airbnb Rental Income: $1572 Traditional Rental Income: $1970 Airbnb ROI: 2.53% Traditional ROI: 6.7%
628 Badgley Rd Vanderbilt, MI 628 Badgley Rd, Vanderbilt, MI 49795 \| Single Family Residential	2 beds \| N/A baths \| 780 sq.ft.	$499,000	Airbnb cash on cash: -0.32% Traditional cash on cash: 0.35% Airbnb Rental Income: $1572 Traditional Rental Income: $1433 Airbnb ROI: -0.32% Traditional ROI: 0.35%
VL 24.75A Summit St Vanderbilt, MI VL 24.75A Summit St, Vanderbilt, MI 49795 \| Other	N/A beds \| N/A baths \| N/A	$80,000	Airbnb cash on cash: 2.51% Traditional cash on cash: 8.34% Airbnb Rental Income: $811 Traditional Rental Income: $946 Airbnb ROI: 2.51% Traditional ROI: 8.34%
11154 White Ash Trl Vanderbilt, MI 11154 White Ash Trl, Vanderbilt, MI 49795 \| Single Family Residential	2 beds \| 2 baths \| 1,847 sq.ft.	$319,000	Airbnb cash on cash: 0.81% Traditional cash on cash: 4.45% Airbnb Rental Income: $1572 Traditional Rental Income: $2212 Airbnb ROI: 0.81% Traditional ROI: 4.45%
7623 Randolph St Vanderbilt, MI 7623 Randolph St, Vanderbilt, MI 49795 \| Single Family Residential	3 beds \| 2 baths \| 2,430 sq.ft.	$329,000	Airbnb cash on cash: 0.08% Traditional cash on cash: 3.45% Airbnb Rental Income: $1304 Traditional Rental Income: $1940 Airbnb ROI: 0.08% Traditional ROI: 3.45%
2327 Watson Hills Trail Vanderbilt, MI Welcome to your peaceful country retreat 15 minutes from city conveniences. This inviting ...	2 beds \| 3 baths \| 2,450 sq.ft.	$274,000	Airbnb cash on cash: 2.49% Traditional cash on cash: 9.23% Airbnb Rental Income: $1572 Traditional Rental Income: $2864 Airbnb ROI: 2.49% Traditional ROI: 9.23%
2359 Watson Hills Trail Vanderbilt, MI Escape to the tranquility of the countryside with this charming 2-bedroom, 2-bathroom home...	2 beds \| 2 baths \| 1,638 sq.ft.	$229,000	Airbnb cash on cash: 3.14% Traditional cash on cash: 8.66% Airbnb Rental Income: $1572 Traditional Rental Income: $2316 Airbnb ROI: 3.14% Traditional ROI: 8.66%

Real Estate investment in Vanderbilt, MI

There are 29 properties for sale in the city of Vanderbilt . The median list price in Vanderbilt is $202,379 and the average price per square foot is $106. In August 2026, the average monthly cash on cash return in Vanderbilt is 7.00%. The average monthly rental income in Vanderbilt is $1,547.

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

There are 29 investment properties available for sale in Vanderbilt.

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

The ROI for Long-Term is higher than the Short-Term in Vanderbilt with average rental income of $1,547.

Your search for investment property begins and ends here

Investment Property for Sale in Vanderbilt, MI

6802 Mt Vernon Hills Drive

Vanderbilt, MI

5 beds | 4 baths | 4,196 sq.ft.

$559,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.44%

Airbnb Rental Income: $null

Traditional Rental Income: $3748

Airbnb ROI: N/A

Traditional ROI: 4.44%

8133 Cheboygan St

Vanderbilt, MI

2 beds | 1 baths | 1,200 sq.ft.

$159,000

Airbnb cash on cash: 5.17%

Traditional cash on cash: 7.49%

Airbnb Rental Income: $1572

Traditional Rental Income: $1472

Airbnb ROI: 5.17%

Traditional ROI: 7.49%

433 Alexander Rd

Vanderbilt, MI

3 beds | 2 baths | 1,670 sq.ft.

$499,000

Airbnb cash on cash: 0.06%

Traditional cash on cash: 2.24%

Airbnb Rental Income: $1304

Traditional Rental Income: $1913

Airbnb ROI: 0.06%

Traditional ROI: 2.24%

6691 Boone Ln

Vanderbilt, MI

3 beds | 2 baths | 1,800 sq.ft.

$320,000

Airbnb cash on cash: 1.41%

Traditional cash on cash: 6.22%

Airbnb Rental Income: $1304

Traditional Rental Income: $2345

Airbnb ROI: 1.41%

Traditional ROI: 6.22%

11738 Jewell Rd

Vanderbilt, MI

4 beds | 3 baths | 4,573 sq.ft.

$456,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.05%

Airbnb Rental Income: $null

Traditional Rental Income: $2406

Airbnb ROI: N/A

Traditional ROI: 4.05%

7207 Airport Rd

Vanderbilt, MI

4 beds | 2 baths | 1,875 sq.ft.

$237,900

Airbnb cash on cash: N/A

Traditional cash on cash: 10%

Airbnb Rental Income: $null

Traditional Rental Income: $2716

Airbnb ROI: N/A

Traditional ROI: 10%

5393 Old Vanderbilt Rd

Vanderbilt, MI

3 beds | 2 baths | 2,094 sq.ft.

$499,999

Airbnb cash on cash: 0.35%

Traditional cash on cash: 4.19%

Airbnb Rental Income: $1304

Traditional Rental Income: $2697

Airbnb ROI: 0.35%

Traditional ROI: 4.19%

1308 S Magee Rd

Vanderbilt, MI

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

$225,000

Airbnb cash on cash: -0.67%

Traditional cash on cash: 0.88%

Airbnb Rental Income: $811

Traditional Rental Income: $816

Airbnb ROI: -0.67%