Real Estate Investment Properties for Sale in Wakefield, MI

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
605 Putnam St Wakefield, MI Charming historic home situated in the heart of Wakefield that has been beautifully update...	4 beds \| 2 baths \| 2,125 sq.ft.	$230,000	Airbnb cash on cash: 0.78% Traditional cash on cash: 6.85% Airbnb Rental Income: $1198 Traditional Rental Income: $2131 Airbnb ROI: 0.78% Traditional ROI: 6.85%
502 Ascherman Avenue Wakefield, MI This charming, move-in ready, Wakefield home has so much to offer! Home features four bedr...	4 beds \| 2 baths \| 2,075 sq.ft.	$139,900	Airbnb cash on cash: 2.83% Traditional cash on cash: 10.63% Airbnb Rental Income: $1198 Traditional Rental Income: $1856 Airbnb ROI: 2.83% Traditional ROI: 10.63%
724 N County 519 Rd Wakefield, MI 724 N County Rd 519 Rd, Wakefield, MI 49968 \| Other	N/A beds \| N/A baths \| N/A	$104,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.31% Airbnb Rental Income: $null Traditional Rental Income: $888 Airbnb ROI: N/A Traditional ROI: 5.31%
1010 Plymouth Road Wakefield, MI WOW!!! This 3 br, 1 1/2 bath home features a 40x30 garage with workshop and many new updat...	3 beds \| 2 baths \| 1,001 sq.ft.	$199,900	Airbnb cash on cash: 4.03% Traditional cash on cash: 7.94% Airbnb Rental Income: $1643 Traditional Rental Income: $1923 Airbnb ROI: 4.03% Traditional ROI: 7.94%
1504 Putnam St Wakefield, MI Look at all the updates! Move-in ready, this beautiful 3-bedroom, 2 full bath home offers ...	3 beds \| 2 baths \| 1,784 sq.ft.	$199,900	Airbnb cash on cash: 3.48% Traditional cash on cash: 10.47% Airbnb Rental Income: $1643 Traditional Rental Income: $2507 Airbnb ROI: 3.48% Traditional ROI: 10.47%
ON Fr 484 Wakefield, MI Off 519 Rd, Wakefield, MI 49968 \| Other	N/A beds \| N/A baths \| N/A	$139,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.41% Airbnb Rental Income: $null Traditional Rental Income: $888 Airbnb ROI: N/A Traditional ROI: 3.41%
On FR 484 (aka Camp 3 Rd) Rd Wakefield, MI On FR 484 (aka Camp 3 Rd) Rd, Wakefield, MI 49968 \| Other	N/A beds \| N/A baths \| N/A	$139,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.41% Airbnb Rental Income: $null Traditional Rental Income: $888 Airbnb ROI: N/A Traditional ROI: 3.41%
TBD Indianhead Rd Rd Wakefield, MI TBD Indianhead Rd Rd, Wakefield, MI 49968 \| Other	N/A beds \| N/A baths \| N/A	$140,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.41% Airbnb Rental Income: $null Traditional Rental Income: $888 Airbnb ROI: N/A Traditional ROI: 3.41%
502 Luoma Rd Wakefield, MI 502 Luoma Rd, Wakefield, MI 49911 \| Single Family Residential	3 beds \| 1 baths \| 1,888 sq.ft.	$179,000	Airbnb cash on cash: 3.87% Traditional cash on cash: 7.22% Airbnb Rental Income: $1643 Traditional Rental Income: $1752 Airbnb ROI: 3.87% Traditional ROI: 7.22%
1105 Sunday Lake Mine Rd Wakefield, MI 1105 Sunday Lake Mine Rd, Wakefield, MI 49968 \| Single Family Residential	2 beds \| 1 baths \| 1,757 sq.ft.	$195,000	Airbnb cash on cash: 1.31% Traditional cash on cash: 5.31% Airbnb Rental Income: $1188 Traditional Rental Income: $1541 Airbnb ROI: 1.31% Traditional ROI: 5.31%
TBD 12.2 A. Lakeshore Dr Wakefield, MI TBD 12.2 A. Lakeshore Dr, Wakefield, MI 49968 \| Other	N/A beds \| N/A baths \| N/A	$135,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.59% Airbnb Rental Income: $null Traditional Rental Income: $888 Airbnb ROI: N/A Traditional ROI: 3.59%
TBD Pierce St Wakefield, MI TBD Pierce St, Wakefield, MI 49968 \| Other	N/A beds \| N/A baths \| N/A	$95,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.73% Airbnb Rental Income: $null Traditional Rental Income: $947 Airbnb ROI: N/A Traditional ROI: 6.73%
609 Niemala Rd Wakefield, MI 609 Niemala Rd, Wakefield, MI 49968 \| Single Family Residential	2 beds \| 3 baths \| 3,000 sq.ft.	$260,000	Airbnb cash on cash: 0.36% Traditional cash on cash: 7.45% Airbnb Rental Income: $1188 Traditional Rental Income: $2540 Airbnb ROI: 0.36% Traditional ROI: 7.45%

Real Estate investment in Wakefield, MI

There are 14 properties for sale in the city of Wakefield . The median list price in Wakefield is $138,917 and the average price per square foot is $68. In October 2026, the average monthly cash on cash return in Wakefield is 11.00%. The average monthly rental income in Wakefield is $1,111.

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

There are 14 investment properties available for sale in Wakefield.

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

The ROI for Short-Term is higher than the Long-Term in Wakefield with average rental income of $1,198.

Your search for investment property begins and ends here

Investment Property for Sale in Wakefield, MI

605 Putnam St

Wakefield, MI

4 beds | 2 baths | 2,125 sq.ft.

$230,000

Airbnb cash on cash: 0.78%

Traditional cash on cash: 6.85%

Airbnb Rental Income: $1198

Traditional Rental Income: $2131

Airbnb ROI: 0.78%

Traditional ROI: 6.85%

502 Ascherman Avenue

Wakefield, MI

4 beds | 2 baths | 2,075 sq.ft.

$139,900

Airbnb cash on cash: 2.83%

Traditional cash on cash: 10.63%

Airbnb Rental Income: $1198

Traditional Rental Income: $1856

Airbnb ROI: 2.83%

Traditional ROI: 10.63%

724 N County 519 Rd

Wakefield, MI

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

$104,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.31%

Airbnb Rental Income: $null

Traditional Rental Income: $888

Airbnb ROI: N/A

Traditional ROI: 5.31%

1010 Plymouth Road

Wakefield, MI

3 beds | 2 baths | 1,001 sq.ft.

$199,900

Airbnb cash on cash: 4.03%

Traditional cash on cash: 7.94%

Airbnb Rental Income: $1643

Traditional Rental Income: $1923

Airbnb ROI: 4.03%

Traditional ROI: 7.94%

1504 Putnam St

Wakefield, MI

3 beds | 2 baths | 1,784 sq.ft.

$199,900

Airbnb cash on cash: 3.48%

Traditional cash on cash: 10.47%

Airbnb Rental Income: $1643

Traditional Rental Income: $2507

Airbnb ROI: 3.48%

Traditional ROI: 10.47%

ON Fr 484

Wakefield, MI

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

$139,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.41%

Airbnb Rental Income: $null

Traditional Rental Income: $888

Airbnb ROI: N/A

Traditional ROI: 3.41%

On FR 484 (aka Camp 3 Rd) Rd

Wakefield, MI

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

$139,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.41%

Airbnb Rental Income: $null

Traditional Rental Income: $888

Airbnb ROI: N/A

Traditional ROI: 3.41%

TBD Indianhead Rd Rd

Wakefield, MI

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

$140,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.41%

Airbnb Rental Income: $null

Traditional Rental Income: $888

Airbnb ROI: N/A