Real Estate Investment Properties for Sale in Watersmeet, MI

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
18751 BIG LAKE RD Watersmeet, MI Exceptional waterfront estate on Big Lake of the famous Cisco Chain of Lakes. Sitting on 5...	3 beds \| 4 baths \| N/A	$3,900,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.44% Airbnb Rental Income: $null Traditional Rental Income: $4113 Airbnb ROI: N/A Traditional ROI: -0.44%
5800 Wolf Rd Watersmeet, MI MICHIGAN 51 +/- ACRE WATERFRONT PARCEL FOR SALE! This property is located in Watersmeet To...	N/A beds \| N/A baths \| N/A	$748,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.88% Airbnb Rental Income: $null Traditional Rental Income: $1244 Airbnb ROI: N/A Traditional ROI: -0.88%
24135 BEAVER STATION RD Watersmeet, MI Impressive Northwoods estate on scenic Kvidera Lake in Watersmeet, MI! This spacious 5BR, ...	5 beds \| 4 baths \| N/A	$449,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.29% Airbnb Rental Income: $null Traditional Rental Income: $4868 Airbnb ROI: N/A Traditional ROI: 8.29%
18751 Big Lake Watersmeet, MI Exceptional waterfront estate on Big Lake of the famous Cisco Chain of Lakes. Sitting on 5...	3 beds \| 3 baths \| 3,905 sq.ft.	$3,900,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.63% Airbnb Rental Income: $null Traditional Rental Income: $3355 Airbnb ROI: N/A Traditional ROI: -0.63%
ON Duck Lake Rd W Watersmeet, MI ON Duck Lake Rd W, Watersmeet, MI 49969 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$139,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.64% Airbnb Rental Income: $null Traditional Rental Income: $1052 Airbnb ROI: N/A Traditional ROI: 4.64%
Lot 4 Cisco Lake Rd E Watersmeet, MI Lot 4 Cisco Lake Rd E, Watersmeet, MI 49969 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$200,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.53% Airbnb Rental Income: $null Traditional Rental Income: $1052 Airbnb ROI: N/A Traditional ROI: 2.53%
On E Old US 2 Hwy Watersmeet, MI On E Old US 2 Hwy, Watersmeet, MI 49969 \| Other	N/A beds \| N/A baths \| N/A	$59,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.89% Airbnb Rental Income: $null Traditional Rental Income: $776 Airbnb ROI: N/A Traditional ROI: 8.89%
ON Old US Hwy 2 Watersmeet, MI ON Old US Hwy 2, Watersmeet, MI 49969 \| Other	N/A beds \| N/A baths \| N/A	$59,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.5% Airbnb Rental Income: $null Traditional Rental Income: $813 Airbnb ROI: N/A Traditional ROI: 9.5%
Lot 9 Little Africa Lake Rd Watersmeet, MI Lot 9 Little Africa Rd, Watersmeet, MI 49969 \| Other	N/A beds \| N/A baths \| N/A	$188,800	Airbnb cash on cash: N/A Traditional cash on cash: 1.5% Airbnb Rental Income: $null Traditional Rental Income: $813 Airbnb ROI: N/A Traditional ROI: 1.5%
OFF Forest Road 3979 #431AC Watersmeet, MI OFF Forest Road 3979 #431AC, Watersmeet, MI 49969 \| Other	N/A beds \| N/A baths \| N/A	$517,200	Airbnb cash on cash: N/A Traditional cash on cash: -1.04% Airbnb Rental Income: $null Traditional Rental Income: $813 Airbnb ROI: N/A Traditional ROI: -1.04%
2468 Boat Landing Rd Watersmeet, MI 2468 Boat Landing Rd, Watersmeet, MI 49912 \| Other	N/A beds \| N/A baths \| N/A	$89,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.7% Airbnb Rental Income: $null Traditional Rental Income: $813 Airbnb ROI: N/A Traditional ROI: 5.7%
40 AC Hwy 45 Watersmeet, MI 40 AC Hwy 45, Watersmeet, MI 49969 \| Other	N/A beds \| N/A baths \| N/A	$69,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.89% Airbnb Rental Income: $null Traditional Rental Income: $813 Airbnb ROI: N/A Traditional ROI: 7.89%
4 AC on Bass Lake Rd Watersmeet, MI 4 AC on Bass Lake Rd, Watersmeet, MI 49969 \| Other	N/A beds \| N/A baths \| N/A	$125,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.48% Airbnb Rental Income: $null Traditional Rental Income: $813 Airbnb ROI: N/A Traditional ROI: 3.48%
23535 Sucker Lake Rd #4, 6A, 6B Watersmeet, MI 23535 Sucker Lake Rd #4, 6A, 6B, Watersmeet, MI 49969 \| Other	N/A beds \| N/A baths \| N/A	$189,950	Airbnb cash on cash: N/A Traditional cash on cash: 1.47% Airbnb Rental Income: $null Traditional Rental Income: $813 Airbnb ROI: N/A Traditional ROI: 1.47%
TBD Sucker Rd Watersmeet, MI TBD Sucker Rd, Watersmeet, MI 49969 \| Other	N/A beds \| N/A baths \| N/A	$189,950	Airbnb cash on cash: N/A Traditional cash on cash: 1.47% Airbnb Rental Income: $null Traditional Rental Income: $813 Airbnb ROI: N/A Traditional ROI: 1.47%

Real Estate investment in Watersmeet, MI

There are 18 properties for sale in the city of Watersmeet . The median list price in Watersmeet is $189,950 and the average price per square foot is $115. In February 2026, the average monthly cash on cash return in Watersmeet is 3.00%. The average monthly rental income in Watersmeet is $813.

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

There are 18 investment properties available for sale in Watersmeet.

The ROI for Short-Term is higher than the Long-Term in Watersmeet with average rental income of $N/A.

Your search for investment property begins and ends here

Investment Property for Sale in Watersmeet, MI

18751 BIG LAKE RD

Watersmeet, MI

3 beds | 4 baths | N/A

$3,900,000

Airbnb cash on cash: N/A

Traditional cash on cash: -0.44%

Airbnb Rental Income: $null

Traditional Rental Income: $4113

Airbnb ROI: N/A

Traditional ROI: -0.44%

5800 Wolf Rd

Watersmeet, MI

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

$748,000

Airbnb cash on cash: N/A

Traditional cash on cash: -0.88%

Airbnb Rental Income: $null

Traditional Rental Income: $1244

Airbnb ROI: N/A

Traditional ROI: -0.88%

24135 BEAVER STATION RD

Watersmeet, MI

5 beds | 4 baths | N/A

$449,000

Airbnb cash on cash: N/A

Traditional cash on cash: 8.29%

Airbnb Rental Income: $null

Traditional Rental Income: $4868

Airbnb ROI: N/A

Traditional ROI: 8.29%

18751 Big Lake

Watersmeet, MI

3 beds | 3 baths | 3,905 sq.ft.

$3,900,000

Airbnb cash on cash: N/A

Traditional cash on cash: -0.63%

Airbnb Rental Income: $null

Traditional Rental Income: $3355

Airbnb ROI: N/A

Traditional ROI: -0.63%

ON Duck Lake Rd W

Watersmeet, MI

N/A beds | N/A baths | 0 sq.ft.

$139,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.64%

Airbnb Rental Income: $null

Traditional Rental Income: $1052

Airbnb ROI: N/A

Traditional ROI: 4.64%

Lot 4 Cisco Lake Rd E

Watersmeet, MI

N/A beds | N/A baths | 0 sq.ft.

$200,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.53%

Airbnb Rental Income: $null

Traditional Rental Income: $1052

Airbnb ROI: N/A

Traditional ROI: 2.53%

On E Old US 2 Hwy

Watersmeet, MI

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

$59,900

Airbnb cash on cash: N/A

Traditional cash on cash: 8.89%

Airbnb Rental Income: $null

Traditional Rental Income: $776

Airbnb ROI: N/A

Traditional ROI: 8.89%

ON Old US Hwy 2

Watersmeet, MI

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

$59,900

Airbnb cash on cash: N/A

Traditional cash on cash: 9.5%

Airbnb Rental Income: $null

Traditional Rental Income: $813

Airbnb ROI: N/A