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.

Single Family Homes for Sale in Watersmeet, MI

Search for Single Family Residential for Sale in Watersmeet, 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 29 Single Family Residential listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
3018 W Duck Lake Rd Watersmeet, MI 5.77 acres and 255 feet of gorgeous Duck Lake frontage is adjacent to Sylvania Wilderness ...	2 beds \| 2 baths \| 2,359 sq.ft.	$849,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.09% Airbnb Rental Income: $null Traditional Rental Income: $2338 Airbnb ROI: N/A Traditional ROI: 1.09%
3504 Yakel Dr Watersmeet, MI Charming updated year 'round cottage on Spectacular Thousand Island Lake; the "Jewel of Th...	2 beds \| 1 baths \| 480 sq.ft.	$279,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.97% Airbnb Rental Income: $null Traditional Rental Income: $1275 Airbnb ROI: N/A Traditional ROI: 1.97%
3628 Channel Rd Watersmeet, MI Discover Northwoods living at its finest on Thousand Island Lake, part of the renowned Cis...	3 beds \| 3 baths \| 1,946 sq.ft.	$624,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.47% Airbnb Rental Income: $null Traditional Rental Income: $3112 Airbnb ROI: N/A Traditional ROI: 3.47%
18751 Big Lake Rd Watersmeet, MI Experience unparalleled luxury on the legendary Cisco Chain of Lakes. Tucked away on 5.65 ...	3 beds \| 2 baths \| 6,879 sq.ft.	$3,250,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.33% Airbnb Rental Income: $null Traditional Rental Income: $4113 Airbnb ROI: N/A Traditional ROI: -0.33%
23493 Twist Rd Watersmeet, MI Hot tub not working.Buyer to verify all MLS measurements and information. Taxes are subjec...	4 beds \| 3 baths \| 4,893 sq.ft.	$1,295,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.2% Airbnb Rental Income: $null Traditional Rental Income: $3337 Airbnb ROI: N/A Traditional ROI: 1.2%
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	$405,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.29% Airbnb Rental Income: $null Traditional Rental Income: $4868 Airbnb ROI: N/A Traditional ROI: 9.29%
5140 W Langford Lake Rd Watersmeet, MI Upper Michigan Waterfront Home for Sale! Seclusion in the Northwoods! Charming 2BR 1BA hom...	2 beds \| 1 baths \| 1,920 sq.ft.	$299,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.52% Airbnb Rental Income: $null Traditional Rental Income: $1692 Airbnb ROI: N/A Traditional ROI: 4.52%
6075 East Beatons Rd Watersmeet, MI BEATONS LAKE COTTAGE/CABIN - GOGEBIC COUNTY MICHIGAN: Here is your opportunity to be on th...	3 beds \| 1 baths \| 1,138 sq.ft.	$199,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.3% Airbnb Rental Income: $null Traditional Rental Income: $1998 Airbnb ROI: N/A Traditional ROI: 7.3%
E 19481 Eagle Dr Watersmeet, MI Newly built cabin in the woods....with its own pond. Sitting on 11.4 acres with mature Map...	1 beds \| 1 baths \| 720 sq.ft.	$386,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.99% Airbnb Rental Income: $null Traditional Rental Income: $1946 Airbnb ROI: N/A Traditional ROI: 3.99%
436 Federal Forest 3920 Rd Watersmeet, MI 436 Federal Forest 3920 Rd, Watersmeet, MI 49935 \| Single Family Residential	N/A beds \| N/A baths \| 576 sq.ft.	$119,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.06% Airbnb Rental Income: $null Traditional Rental Income: $1083 Airbnb ROI: N/A Traditional ROI: 6.06%
N2862 Forest Road 6320 Rd Watersmeet, MI Duck Lake - A Private Upper Peninsula Retreat. Experience pure tranquility & seclusion on ...	4 beds \| 2 baths \| 6,417 sq.ft.	$2,900,000	Airbnb cash on cash: N/A Traditional cash on cash: -1.31% Airbnb Rental Income: $null Traditional Rental Income: $3392 Airbnb ROI: N/A Traditional ROI: -1.31%
E24934 Grass Lake Rd E Watersmeet, MI Peace and serenity await you on the shores of quiet Grass Lake in Watersmeet, MI. This 2-b...	2 beds \| 1 baths \| 1,396 sq.ft.	$349,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.93% Airbnb Rental Income: $null Traditional Rental Income: $2546 Airbnb ROI: N/A Traditional ROI: 5.93%
N1601 Crystal Lake Rd Watersmeet, MI Welcome to Crystal Lake, where stunning water views, thoughtful updates, and flexible livi...	4 beds \| 2 baths \| 3,812 sq.ft.	$769,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.55% Airbnb Rental Income: $null Traditional Rental Income: $3272 Airbnb ROI: N/A Traditional ROI: 2.55%
19960 Thousand Island Lake Rd Watersmeet, MI 19960 Thousand Island Rd, Watersmeet, MI 49969 \| Single Family Residential	7 beds \| 5 baths \| 10,388 sq.ft.	$2,390,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.33% Airbnb Rental Income: $null Traditional Rental Income: $4974 Airbnb ROI: N/A Traditional ROI: -0.33%
N2862 Forest Rd 6320 Watersmeet, MI N2862 Forest Rd 6320, Watersmeet, MI 49969 \| Single Family Residential	4 beds \| 2 baths \| 3,736 sq.ft.	$2,900,000	Airbnb cash on cash: N/A Traditional cash on cash: -1.64% Airbnb Rental Income: $null Traditional Rental Income: $2491 Airbnb ROI: N/A Traditional ROI: -1.64%
5264 Langford Lake Rd Watersmeet, MI 5264 Langford Lake Rd, Watersmeet, MI 49969 \| Single Family Residential	2 beds \| 1 baths \| 1,321 sq.ft.	$289,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.45% Airbnb Rental Income: $null Traditional Rental Income: $1561 Airbnb ROI: N/A Traditional ROI: 2.45%
23795 Crystal Lake Rd Watersmeet, MI 23795 Crystal Lake Rd, Watersmeet, MI 49969 \| Single Family Residential	1 beds \| 1 baths \| 680 sq.ft.	$269,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.31% Airbnb Rental Income: $null Traditional Rental Income: $1064 Airbnb ROI: N/A Traditional ROI: 1.31%
19792 Thousand Island Rd Watersmeet, MI 19792 Thousand Island Rd, Watersmeet, MI 49969 \| Single Family Residential	3 beds \| 3 baths \| 1,507 sq.ft.	$799,900	Airbnb cash on cash: N/A Traditional cash on cash: 0.89% Airbnb Rental Income: $null Traditional Rental Income: $2643 Airbnb ROI: N/A Traditional ROI: 0.89%
N3704 Cisco Lake Rd E Watersmeet, MI N3704 Cisco Lake Rd E, Watersmeet, MI 49969 \| Single Family Residential	3 beds \| 2 baths \| 2,862 sq.ft.	$849,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.83% Airbnb Rental Income: $null Traditional Rental Income: $2754 Airbnb ROI: N/A Traditional ROI: 0.83%
TBD Federal Forest 3920 Rd Watersmeet, MI TBD Federal Forest 3920 Rd, Watersmeet, MI 49935 \| Single Family Residential	2 beds \| 1 baths \| 768 sq.ft.	$179,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.35% Airbnb Rental Income: $null Traditional Rental Income: $1610 Airbnb ROI: N/A Traditional ROI: 6.35%
3018 W Duck Rd Watersmeet, MI 3018 W Duck Rd, Watersmeet, MI 49969 \| Single Family Residential	2 beds \| 2 baths \| 2,359 sq.ft.	$849,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.08% Airbnb Rental Income: $null Traditional Rental Income: $2154 Airbnb ROI: N/A Traditional ROI: 0.08%
3704 E Cisco Lake Rd Watersmeet, MI 3704 E Cisco Rd, Watersmeet, MI 49969 \| Single Family Residential	3 beds \| 2 baths \| 2,862 sq.ft.	$849,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.63% Airbnb Rental Income: $null Traditional Rental Income: $1594 Airbnb ROI: N/A Traditional ROI: -0.63%
4794 Crozer St N Watersmeet, MI 4794 Crozer St N, Watersmeet, MI 49969 \| Single Family Residential	3 beds \| 2 baths \| 1,344 sq.ft.	$169,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.76% Airbnb Rental Income: $null Traditional Rental Income: $1594 Airbnb ROI: N/A Traditional ROI: 6.76%
23954 Old Hwy 2 E Watersmeet, MI 23954 Old Hwy 2 E, Watersmeet, MI 49969 \| Single Family Residential	3 beds \| 1 baths \| 1,600 sq.ft.	$122,500	Airbnb cash on cash: N/A Traditional cash on cash: 11.94% Airbnb Rental Income: $null Traditional Rental Income: $1798 Airbnb ROI: N/A Traditional ROI: 11.94%

Your search for investment property begins and ends here

Single Family Homes for Sale in Watersmeet, MI

3018 W Duck Lake Rd

Watersmeet, MI

2 beds | 2 baths | 2,359 sq.ft.

$849,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.09%

Airbnb Rental Income: $null

Traditional Rental Income: $2338

Airbnb ROI: N/A

Traditional ROI: 1.09%

3504 Yakel Dr

Watersmeet, MI

2 beds | 1 baths | 480 sq.ft.

$279,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.97%

Airbnb Rental Income: $null

Traditional Rental Income: $1275

Airbnb ROI: N/A

Traditional ROI: 1.97%

3628 Channel Rd

Watersmeet, MI

3 beds | 3 baths | 1,946 sq.ft.

$624,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.47%

Airbnb Rental Income: $null

Traditional Rental Income: $3112

Airbnb ROI: N/A

Traditional ROI: 3.47%

18751 Big Lake Rd

Watersmeet, MI

3 beds | 2 baths | 6,879 sq.ft.

$3,250,000

Airbnb cash on cash: N/A

Traditional cash on cash: -0.33%

Airbnb Rental Income: $null

Traditional Rental Income: $4113

Airbnb ROI: N/A

Traditional ROI: -0.33%

23493 Twist Rd

Watersmeet, MI

4 beds | 3 baths | 4,893 sq.ft.

$1,295,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.2%

Airbnb Rental Income: $null

Traditional Rental Income: $3337

Airbnb ROI: N/A

Traditional ROI: 1.2%

24135 BEAVER STATION RD

Watersmeet, MI

5 beds | 4 baths | N/A

$405,000

Airbnb cash on cash: N/A

Traditional cash on cash: 9.29%

Airbnb Rental Income: $null

Traditional Rental Income: $4868

Airbnb ROI: N/A

Traditional ROI: 9.29%

5140 W Langford Lake Rd

Watersmeet, MI

2 beds | 1 baths | 1,920 sq.ft.

$299,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.52%

Airbnb Rental Income: $null

Traditional Rental Income: $1692

Airbnb ROI: N/A

Traditional ROI: 4.52%

6075 East Beatons Rd

Watersmeet, MI

3 beds | 1 baths | 1,138 sq.ft.

$199,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.3%

Airbnb Rental Income: $null

Traditional Rental Income: $1998

Airbnb ROI: N/A