Real Estate Investment Properties for Sale in Wayland, MI

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
2865 S Patterson Road Wayland, MI Welcome to Gun Lake! This charming channel front 4 bed, 2 bath home offers the perfect ble...	4 beds \| 2 baths \| 1,500 sq.ft.	$475,000	Airbnb cash on cash: 3.15% Traditional cash on cash: 1.76% Airbnb Rental Income: $3113 Traditional Rental Income: $1788 Airbnb ROI: 3.15% Traditional ROI: 1.76%
1775 Edwin Drive Wayland, MI Welcome to Gun Lake living just in time for summer! This 4 bed 3 bath home on the north si...	4 beds \| 3 baths \| 2,500 sq.ft.	$799,900	Airbnb cash on cash: 0.88% Traditional cash on cash: 0.83% Airbnb Rental Income: $3113 Traditional Rental Income: $2371 Airbnb ROI: 0.88% Traditional ROI: 0.83%
475 Tyler Road Wayland, MI 1997 manufactured Home with three bedrooms, two updated bathrooms. Nice freshly painted ki...	3 beds \| 2 baths \| 1,480 sq.ft.	$300,000	Airbnb cash on cash: 2.46% Traditional cash on cash: 6.06% Airbnb Rental Income: $1811 Traditional Rental Income: $2336 Airbnb ROI: 2.46% Traditional ROI: 6.06%
2751 Russell Drive Wayland, MI Lake life done right Gun Lake home tucked at the end of a quiet dead-end road. This newl...	4 beds \| 2 baths \| 1,575 sq.ft.	$699,900	Airbnb cash on cash: 1.21% Traditional cash on cash: 1.73% Airbnb Rental Income: $3113 Traditional Rental Income: $2747 Airbnb ROI: 1.21% Traditional ROI: 1.73%
130 W Cherry Street Wayland, MI Must see! 4 bedroom, 1 Bath, Two-Story Historic Home with 9 foot ceilings & loaded with ch...	4 beds \| 1 baths \| 2,304 sq.ft.	$322,900	Airbnb cash on cash: 4.61% Traditional cash on cash: 3.31% Airbnb Rental Income: $3113 Traditional Rental Income: $2008 Airbnb ROI: 4.61% Traditional ROI: 3.31%
250 Shore Drive Wayland, MI For those seeking a true turnkey lakefront lifestyle, docks, kayaks, and all furnishings m...	5 beds \| 4 baths \| 2,762 sq.ft.	$1,194,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.22% Airbnb Rental Income: $null Traditional Rental Income: $3708 Airbnb ROI: N/A Traditional ROI: 1.22%
1980 Parker Drive Wayland, MI Lovingly cared for Gun Lake cottage on Robbins Bay, offering peaceful lake views. Inside, ...	2 beds \| 2 baths \| 963 sq.ft.	$599,000	Airbnb cash on cash: -0.91% Traditional cash on cash: 1.36% Airbnb Rental Income: $902 Traditional Rental Income: $1834 Airbnb ROI: -0.91% Traditional ROI: 1.36%
12145 Cobb Lake Road Wayland, MI This stunning 1,436 sq ft, 3-bedroom, 2-bath modern farmhouse sits on a 1.24-acre lot in t...	3 beds \| 2 baths \| 1,440 sq.ft.	$495,000	Airbnb cash on cash: 0.12% Traditional cash on cash: 2.41% Airbnb Rental Income: $1811 Traditional Rental Income: $2379 Airbnb ROI: 0.12% Traditional ROI: 2.41%
3078 Sandy Beach Street #4 Wayland, MI 3 individual houses: one house is approx 600 sq ft includes stove & refrig, shed, has a fr...	4 beds \| N/A baths \| N/A	$450,000	Airbnb cash on cash: 3.7% Traditional cash on cash: 3.72% Airbnb Rental Income: $3113 Traditional Rental Income: $2413 Airbnb ROI: 3.7% Traditional ROI: 3.72%
3286 Stonehill Court Wayland, MI Quality new construction ranch on approximately 1 private acre overlooking wooded views wi...	3 beds \| 3 baths \| 1,611 sq.ft.	$525,000	Airbnb cash on cash: -0.03% Traditional cash on cash: 2.84% Airbnb Rental Income: $1811 Traditional Rental Income: $2725 Airbnb ROI: -0.03% Traditional ROI: 2.84%
12165 Pine Meadows Drive Wayland, MI Beautifully finished, brand-new ranch in Thornapple Kellogg schools with private frontage ...	3 beds \| 2 baths \| 1,466 sq.ft.	$559,900	Airbnb cash on cash: 1.22% Traditional cash on cash: 3.7% Airbnb Rental Income: $1811 Traditional Rental Income: $2618 Airbnb ROI: 1.22% Traditional ROI: 3.7%
4281 Highpoint Drive #109 Wayland, MI This beautiful 2-bedroom, 2-bathroom, zero-entry condo offers a perfect blend of modern el...	2 beds \| 2 baths \| 1,420 sq.ft.	$315,000	Airbnb cash on cash: 0.56% Traditional cash on cash: 6.48% Airbnb Rental Income: $902 Traditional Rental Income: $2315 Airbnb ROI: 0.56% Traditional ROI: 6.48%
4285 Old Farm Drive Wayland, MI The Reno model is a well thought out, 2-story floorplan. This plan features a private wood...	3 beds \| 3 baths \| 2,070 sq.ft.	$375,000	Airbnb cash on cash: 2.45% Traditional cash on cash: 7.35% Airbnb Rental Income: $1811 Traditional Rental Income: $3044 Airbnb ROI: 2.45% Traditional ROI: 7.35%
312 Cedar Street Wayland, MI Spacious, versatile, and full of opportunity in the heart of Wayland! Tucked away on a qui...	2 beds \| 3 baths \| 2,460 sq.ft.	$399,000	Airbnb cash on cash: -1.12% Traditional cash on cash: 4.9% Airbnb Rental Income: $902 Traditional Rental Income: $2814 Airbnb ROI: -1.12% Traditional ROI: 4.9%
12679 Goldenrod Court Wayland, MI Loccated in the Yankee Spring Rec area with 1000's of acres to explore. Boating, swimming,...	3 beds \| 3 baths \| 2,130 sq.ft.	$450,000	Airbnb cash on cash: 1.27% Traditional cash on cash: 4.85% Airbnb Rental Income: $1811 Traditional Rental Income: $2831 Airbnb ROI: 1.27% Traditional ROI: 4.85%
190 Evans Lane Wayland, MI Brand-new construction with deeded access to beautiful Cobb Lake. Located just steps from ...	3 beds \| 3 baths \| 1,625 sq.ft.	$509,000	Airbnb cash on cash: 1.47% Traditional cash on cash: 5.01% Airbnb Rental Income: $1811 Traditional Rental Income: $3006 Airbnb ROI: 1.47% Traditional ROI: 5.01%
4284 Old Farm Drive Wayland, MI The Sierra is a charming bi-level ranch, offering over 1500 square feet of beautifully fin...	3 beds \| 2 baths \| 1,595 sq.ft.	$365,000	Airbnb cash on cash: 2.55% Traditional cash on cash: 6.05% Airbnb Rental Income: $1811 Traditional Rental Income: $2521 Airbnb ROI: 2.55% Traditional ROI: 6.05%
4293 Highpoint Drive #105 Wayland, MI This stunning 2-bedroom, 2-bathroom condo offers a perfect blend of modern elegance and co...	2 beds \| 2 baths \| 1,315 sq.ft.	$285,000	Airbnb cash on cash: 0.72% Traditional cash on cash: 7.41% Airbnb Rental Income: $902 Traditional Rental Income: $2359 Airbnb ROI: 0.72% Traditional ROI: 7.41%
425 W Cherry Street Wayland, MI This charming 3-bedroom, 1-bath home offers an affordable opportunity in a convenient loca...	3 beds \| 1 baths \| 1,075 sq.ft.	$225,000	Airbnb cash on cash: 3.21% Traditional cash on cash: 5.11% Airbnb Rental Income: $1811 Traditional Rental Income: $1725 Airbnb ROI: 3.21% Traditional ROI: 5.11%
861 132nd Avenue Wayland, MI Charming 3-bedroom ranch offering approximately 1,500 square feet of comfortable living sp...	3 beds \| 1 baths \| 1,497 sq.ft.	$329,900	Airbnb cash on cash: 1.92% Traditional cash on cash: 3.87% Airbnb Rental Income: $1811 Traditional Rental Income: $1924 Airbnb ROI: 1.92% Traditional ROI: 3.87%
12768 Valley Drive Wayland, MI 3-bedroom, 2-bath home on a spacious 1/2-acre lot with beautiful views of Gun Lake and a l...	3 beds \| 2 baths \| 1,296 sq.ft.	$350,000	Airbnb cash on cash: 1.04% Traditional cash on cash: 4% Airbnb Rental Income: $1811 Traditional Rental Income: $2293 Airbnb ROI: 1.04% Traditional ROI: 4%
321 Anderson Drive Wayland, MI Well maintained ranch in the heart of Wayland. Walking distance to schools (high school is...	4 beds \| 2 baths \| 1,640 sq.ft.	$329,900	Airbnb cash on cash: 5.26% Traditional cash on cash: 5.58% Airbnb Rental Income: $3113 Traditional Rental Income: $2502 Airbnb ROI: 5.26% Traditional ROI: 5.58%
545 N Main Street Wayland, MI New Duplex built in 2023 in the City of Wayland, both sides currently occupied. Tenant's e...	6 beds \| N/A baths \| N/A	$529,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.42% Airbnb Rental Income: $null Traditional Rental Income: $1801 Airbnb ROI: N/A Traditional ROI: -0.42%
3179 Sandy Beach Street Wayland, MI Take a look at this stunning updated 3 bed, 3 full bath home on Gun lake w/ a Sandy beach ...	3 beds \| 3 baths \| 2,440 sq.ft.	$825,000	Airbnb cash on cash: -1.15% Traditional cash on cash: 1.46% Airbnb Rental Income: $1811 Traditional Rental Income: $3327 Airbnb ROI: -1.15% Traditional ROI: 1.46%
4273 Highpoint Drive #112 Wayland, MI This stunning 2-bedroom, 2-bathroom condo offers a perfect blend of modern elegance and co...	2 beds \| 2 baths \| 1,315 sq.ft.	$284,900	Airbnb cash on cash: -0.77% Traditional cash on cash: 5.87% Airbnb Rental Income: $902 Traditional Rental Income: $2345 Airbnb ROI: -0.77% Traditional ROI: 5.87%
3214 7th Street Wayland, MI Welcome to this beautiful, freshly painted, walkout ranch home situated on over 7 acres of...	4 beds \| 3 baths \| 2,336 sq.ft.	$439,900	Airbnb cash on cash: 3.93% Traditional cash on cash: 6.36% Airbnb Rental Income: $3113 Traditional Rental Income: $3409 Airbnb ROI: 3.93% Traditional ROI: 6.36%
Old Farm Drive lot: 120 Wayland, MI Here's your chance to own one of Sable Homes' award-winning, Bayberry Ranch homes! This ho...	3 beds \| 2 baths \| 2,385 sq.ft.	$444,900	Airbnb cash on cash: 0.42% Traditional cash on cash: 3.96% Airbnb Rental Income: $1811 Traditional Rental Income: $2796 Airbnb ROI: 0.42% Traditional ROI: 3.96%
4294 Highpoint Drive #103 Wayland, MI This beautiful 2-bedroom, 2-bathroom, zero-entry condo offers a perfect blend of modern el...	2 beds \| 2 baths \| 1,420 sq.ft.	$325,000	Airbnb cash on cash: 0.42% Traditional cash on cash: 6.32% Airbnb Rental Income: $902 Traditional Rental Income: $2365 Airbnb ROI: 0.42% Traditional ROI: 6.32%
518 LAWRENCE Avenue #5 Wayland, MI GREAT FIND: VERY GOOD financing assistance on a mortgage, NEW INCENTIVES: Very nice well k...	3 beds \| 2 baths \| 1,244 sq.ft.	$219,900	Airbnb cash on cash: 3.74% Traditional cash on cash: 7.1% Airbnb Rental Income: $1811 Traditional Rental Income: $2020 Airbnb ROI: 3.74% Traditional ROI: 7.1%
4251 Butternut Drive Wayland, MI The Reno 2-story home includes 2 Flex Rooms, one on the main level and one upstairs. Kitch...	3 beds \| 3 baths \| 2,070 sq.ft.	$392,000	Airbnb cash on cash: 2.3% Traditional cash on cash: 6.96% Airbnb Rental Income: $1811 Traditional Rental Income: $3032 Airbnb ROI: 2.3% Traditional ROI: 6.96%
4257 Old Farm Drive Wayland, MI This Oxford floor plan has 2,140 square feet of room to grow, play and live! Four bedrooms...	4 beds \| 3 baths \| 2,146 sq.ft.	$455,000	Airbnb cash on cash: 4.4% Traditional cash on cash: 6.05% Airbnb Rental Income: $3113 Traditional Rental Income: $3108 Airbnb ROI: 4.4% Traditional ROI: 6.05%
2196 Boardwalk Court Wayland, MI Welcome to The Boardwalk at Gun Lake. This is low maintenance condo living with a deeded b...	4 beds \| 4 baths \| 1,765 sq.ft.	$515,000	Airbnb cash on cash: 2.95% Traditional cash on cash: 4.49% Airbnb Rental Income: $3113 Traditional Rental Income: $3146 Airbnb ROI: 2.95% Traditional ROI: 4.49%
4285 Highpoint Drive #108 Wayland, MI This beautiful 2-bedroom, 2-bathroom, zero-entry END UNIT condo offers a perfect blend of ...	2 beds \| 2 baths \| 1,420 sq.ft.	$320,000	Airbnb cash on cash: -0.96% Traditional cash on cash: 5.03% Airbnb Rental Income: $902 Traditional Rental Income: $2365 Airbnb ROI: -0.96% Traditional ROI: 5.03%
1164 144th Avenue Wayland, MI Welcome home to this charming and thoughtfully updated 1955 ranch in the highly desirable ...	4 beds \| 1 baths \| 2,592 sq.ft.	$384,900	Airbnb cash on cash: 3.88% Traditional cash on cash: 2.89% Airbnb Rental Income: $3113 Traditional Rental Income: $2049 Airbnb ROI: 3.88% Traditional ROI: 2.89%
4283 Butternut Drive Wayland, MI This Oxford floor plan has over 2,000 square feet of room to grow, play and live! Three be...	3 beds \| 3 baths \| 2,136 sq.ft.	$459,900	Airbnb cash on cash: 1.82% Traditional cash on cash: 5.95% Airbnb Rental Income: $1811 Traditional Rental Income: $3095 Airbnb ROI: 1.82% Traditional ROI: 5.95%
703 140th Avenue Wayland, MI Welcome to this beautiful 5-bedroom, 3.5-bath home set on 2.3 peaceful acres. The main lev...	5 beds \| 4 baths \| 2,630 sq.ft.	$574,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.14% Airbnb Rental Income: $null Traditional Rental Income: $3404 Airbnb ROI: N/A Traditional ROI: 4.14%
190 N Patterson Road Wayland, MI Welcome to your lakeside retreat on Cobb Lake. Set on an elevated lot, this tri-level home...	3 beds \| 3 baths \| 2,719 sq.ft.	$728,000	Airbnb cash on cash: 0.01% Traditional cash on cash: 3.03% Airbnb Rental Income: $1811 Traditional Rental Income: $3369 Airbnb ROI: 0.01% Traditional ROI: 3.03%
3565 4th Street Wayland, MI Set on 4 acres surrounded by picturesque cornfields, this newer home offers the perfect bl...	4 beds \| 3 baths \| 2,866 sq.ft.	$485,000	Airbnb cash on cash: 2.84% Traditional cash on cash: 4.79% Airbnb Rental Income: $3113 Traditional Rental Income: $3289 Airbnb ROI: 2.84% Traditional ROI: 4.79%
520 Lawrence Avenue Wayland, MI Tucked into a low-maintenance community in the heart of Wayland, this refreshed 3-bedroom,...	3 beds \| 2 baths \| 1,244 sq.ft.	$229,900	Airbnb cash on cash: 3.45% Traditional cash on cash: 6.81% Airbnb Rental Income: $1811 Traditional Rental Income: $2051 Airbnb ROI: 3.45% Traditional ROI: 6.81%
1245 138th Avenue Wayland, MI Open House Cancelled. Welcome to 1245 138th Ave in Wayland. This move-in ready 4 bedroom, ...	4 beds \| 3 baths \| 1,996 sq.ft.	$440,000	Airbnb cash on cash: 3.69% Traditional cash on cash: 4.59% Airbnb Rental Income: $3113 Traditional Rental Income: $2776 Airbnb ROI: 3.69% Traditional ROI: 4.59%

Real Estate investment in Wayland, MI

There are 49 properties for sale in the city of Wayland . The median list price in Wayland is $337,276 and the average price per square foot is $155. In June 2026, the average monthly cash on cash return in Wayland is 5.00%. The average monthly rental income in Wayland is $2,465.

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

There are 49 investment properties available for sale in Wayland.

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

The ROI for Long-Term is higher than the Short-Term in Wayland with average rental income of $2,465.

Your search for investment property begins and ends here

Investment Property for Sale in Wayland, MI

2865 S Patterson Road

Wayland, MI

4 beds | 2 baths | 1,500 sq.ft.

$475,000

Airbnb cash on cash: 3.15%

Traditional cash on cash: 1.76%

Airbnb Rental Income: $3113

Traditional Rental Income: $1788

Airbnb ROI: 3.15%

Traditional ROI: 1.76%

1775 Edwin Drive

Wayland, MI

4 beds | 3 baths | 2,500 sq.ft.

$799,900

Airbnb cash on cash: 0.88%

Traditional cash on cash: 0.83%

Airbnb Rental Income: $3113

Traditional Rental Income: $2371

Airbnb ROI: 0.88%

Traditional ROI: 0.83%

475 Tyler Road

Wayland, MI

3 beds | 2 baths | 1,480 sq.ft.

$300,000

Airbnb cash on cash: 2.46%

Traditional cash on cash: 6.06%

Airbnb Rental Income: $1811

Traditional Rental Income: $2336

Airbnb ROI: 2.46%

Traditional ROI: 6.06%

2751 Russell Drive

Wayland, MI

4 beds | 2 baths | 1,575 sq.ft.

$699,900

Airbnb cash on cash: 1.21%

Traditional cash on cash: 1.73%

Airbnb Rental Income: $3113

Traditional Rental Income: $2747

Airbnb ROI: 1.21%

Traditional ROI: 1.73%

130 W Cherry Street

Wayland, MI

4 beds | 1 baths | 2,304 sq.ft.

$322,900

Airbnb cash on cash: 4.61%

Traditional cash on cash: 3.31%

Airbnb Rental Income: $3113

Traditional Rental Income: $2008

Airbnb ROI: 4.61%

Traditional ROI: 3.31%

250 Shore Drive

Wayland, MI

5 beds | 4 baths | 2,762 sq.ft.

$1,194,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.22%

Airbnb Rental Income: $null

Traditional Rental Income: $3708

Airbnb ROI: N/A

Traditional ROI: 1.22%

1980 Parker Drive

Wayland, MI

2 beds | 2 baths | 963 sq.ft.

$599,000

Airbnb cash on cash: -0.91%

Traditional cash on cash: 1.36%

Airbnb Rental Income: $902

Traditional Rental Income: $1834

Airbnb ROI: -0.91%

Traditional ROI: 1.36%

12145 Cobb Lake Road

Wayland, MI

3 beds | 2 baths | 1,440 sq.ft.

$495,000

Airbnb cash on cash: 0.12%

Traditional cash on cash: 2.41%

Airbnb Rental Income: $1811

Traditional Rental Income: $2379

Airbnb ROI: 0.12%