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
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.	$835,000	Airbnb cash on cash: 0.14% Traditional cash on cash: 0.76% Airbnb Rental Income: $2496 Traditional Rental Income: $2371 Airbnb ROI: 0.14% Traditional ROI: 0.76%
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: 0.42% Traditional cash on cash: 1.73% Airbnb Rental Income: $2496 Traditional Rental Income: $2747 Airbnb ROI: 0.42% Traditional ROI: 1.73%
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.	$1,225,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.17% Airbnb Rental Income: $null Traditional Rental Income: $3708 Airbnb ROI: N/A Traditional ROI: 1.17%
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.	$850,000	Airbnb cash on cash: -1.47% Traditional cash on cash: 1.39% Airbnb Rental Income: $1505 Traditional Rental Income: $3327 Airbnb ROI: -1.47% Traditional ROI: 1.39%
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.	$624,900	Airbnb cash on cash: -1.33% Traditional cash on cash: 1.27% Airbnb Rental Income: $606 Traditional Rental Income: $1834 Airbnb ROI: -1.33% Traditional ROI: 1.27%
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.	$449,900	Airbnb cash on cash: 2.6% Traditional cash on cash: 6.2% Airbnb Rental Income: $2496 Traditional Rental Income: $3409 Airbnb ROI: 2.6% Traditional ROI: 6.2%
146 Hanlon Court Wayland, MI RARE opportunity in the heart of Wayland! Offered for the first time in decades, this prop...	3 beds \| 2 baths \| 1,592 sq.ft.	$349,900	Airbnb cash on cash: 0.99% Traditional cash on cash: 5.05% Airbnb Rental Income: $1505 Traditional Rental Income: $2401 Airbnb ROI: 0.99% Traditional ROI: 5.05%
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: -0.39% Traditional cash on cash: 6.32% Airbnb Rental Income: $606 Traditional Rental Income: $2365 Airbnb ROI: -0.39% Traditional ROI: 6.32%
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.	$544,900	Airbnb cash on cash: -0.62% Traditional cash on cash: 1.96% Airbnb Rental Income: $1505 Traditional Rental Income: $2379 Airbnb ROI: -0.62% Traditional ROI: 1.96%
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: 2.48% Traditional cash on cash: 3.72% Airbnb Rental Income: $2496 Traditional Rental Income: $2413 Airbnb ROI: 2.48% Traditional ROI: 3.72%
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: 2.52% Traditional cash on cash: 7.1% Airbnb Rental Income: $1505 Traditional Rental Income: $2020 Airbnb ROI: 2.52% Traditional ROI: 7.1%
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.	$525,000	Airbnb cash on cash: 1.83% Traditional cash on cash: 4.39% Airbnb Rental Income: $2496 Traditional Rental Income: $3146 Airbnb ROI: 1.83% Traditional ROI: 4.39%
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: -1.78% Traditional cash on cash: 5.03% Airbnb Rental Income: $606 Traditional Rental Income: $2365 Airbnb ROI: -1.78% 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.	$394,900	Airbnb cash on cash: 2.33% Traditional cash on cash: 2.76% Airbnb Rental Income: $2496 Traditional Rental Income: $2049 Airbnb ROI: 2.33% Traditional ROI: 2.76%
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: 1.23% Traditional cash on cash: 5.95% Airbnb Rental Income: $1505 Traditional Rental Income: $3095 Airbnb ROI: 1.23% 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.	$589,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.01% Airbnb Rental Income: $null Traditional Rental Income: $3404 Airbnb ROI: N/A Traditional ROI: 4.01%
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.	$749,999	Airbnb cash on cash: -0.39% Traditional cash on cash: 2.91% Airbnb Rental Income: $1505 Traditional Rental Income: $3369 Airbnb ROI: -0.39% Traditional ROI: 2.91%
207 S Locust Street Wayland, MI Welcome to 207 S. Locust in Wayland, a modern farm home with numerous updates!! Inside is ...	4 beds \| 2 baths \| 1,704 sq.ft.	$305,000	Airbnb cash on cash: 3.91% Traditional cash on cash: 6.31% Airbnb Rental Income: $2496 Traditional Rental Income: $2580 Airbnb ROI: 3.91% Traditional ROI: 6.31%
2681 Cutlass Street Wayland, MI Welcome home to this move-in ready 4 bedroom, 2 full bathroom home just minutes to Gun Lak...	4 beds \| 2 baths \| 2,188 sq.ft.	$347,000	Airbnb cash on cash: 3.59% Traditional cash on cash: 6.32% Airbnb Rental Income: $2496 Traditional Rental Income: $2779 Airbnb ROI: 3.59% Traditional ROI: 6.32%
1804 Water Lily Lane Wayland, MI Discover your lakeside retreat! This newer 2-story home offers 2,300+ sq ft of comfortable...	3 beds \| 3 baths \| 1,846 sq.ft.	$484,900	Airbnb cash on cash: 0.18% Traditional cash on cash: 4.38% Airbnb Rental Income: $1505 Traditional Rental Income: $2969 Airbnb ROI: 0.18% Traditional ROI: 4.38%
1069 Sunnyside Drive Wayland, MI Welcome to the new and fresh community of Harvest Meadows! This condo has been kept in gre...	2 beds \| 2 baths \| 1,424 sq.ft.	$299,900	Airbnb cash on cash: -2.25% Traditional cash on cash: 3.65% Airbnb Rental Income: $606 Traditional Rental Income: $1981 Airbnb ROI: -2.25% Traditional ROI: 3.65%
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%
12475 Oakwood Shores Street Wayland, MI Experience the tranquility of waterfront living with this exceptional top-to-bottom remode...	4 beds \| 3 baths \| 3,592 sq.ft.	$1,089,000	Airbnb cash on cash: -0.37% Traditional cash on cash: 1.35% Airbnb Rental Income: $2496 Traditional Rental Income: $3639 Airbnb ROI: -0.37% Traditional ROI: 1.35%
816 Geneva Drive Wayland, MI Proudly introducing this beautifully updated Wayland home, ideally placed on nearly an acr...	4 beds \| 3 baths \| 2,082 sq.ft.	$400,000	Airbnb cash on cash: 2.65% Traditional cash on cash: 6.41% Airbnb Rental Income: $2496 Traditional Rental Income: $3302 Airbnb ROI: 2.65% Traditional ROI: 6.41%
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: -1.69% Traditional cash on cash: 5.87% Airbnb Rental Income: $606 Traditional Rental Income: $2345 Airbnb ROI: -1.69% Traditional ROI: 5.87%
401 Anderson Drive Wayland, MI You don't want to miss this beautiful move-in-ready 4 bed, 1.5 bath home located in the he...	4 beds \| 2 baths \| 1,725 sq.ft.	$347,500	Airbnb cash on cash: 3.31% Traditional cash on cash: 5.41% Airbnb Rental Income: $2496 Traditional Rental Income: $2577 Airbnb ROI: 3.31% Traditional ROI: 5.41%
4269 Highpoint Drive #114 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.	$315,000	Airbnb cash on cash: -1.77% Traditional cash on cash: 5.29% Airbnb Rental Income: $606 Traditional Rental Income: $2409 Airbnb ROI: -1.77% Traditional ROI: 5.29%
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: -0.19% Traditional cash on cash: 3.96% Airbnb Rental Income: $1505 Traditional Rental Income: $2796 Airbnb ROI: -0.19% Traditional ROI: 3.96%
Butternut Drive lot: 131 Wayland, MI The Reno model is a well thought out, 2-story floorplan. This plan features 3 bedrooms up,...	3 beds \| 3 baths \| 2,070 sq.ft.	$405,000	Airbnb cash on cash: 0.03% Traditional cash on cash: 4.53% Airbnb Rental Income: $1505 Traditional Rental Income: $2773 Airbnb ROI: 0.03% Traditional ROI: 4.53%
4286 Butternut Drive Wayland, MI Here's your chance to own one of Sable Homes' award-winning, Bayberry Ranch homes! This ho...	3 beds \| 2 baths \| 2,398 sq.ft.	$487,341	Airbnb cash on cash: 1.11% Traditional cash on cash: 4.88% Airbnb Rental Income: $1505 Traditional Rental Income: $2783 Airbnb ROI: 1.11% Traditional ROI: 4.88%
3382 13th Street Wayland, MI OPEN HOUSE IS CANCELLED. Tucked onto 2 acres in Wayland school district this super clean s...	4 beds \| 3 baths \| 2,498 sq.ft.	$549,900	Airbnb cash on cash: 2.31% Traditional cash on cash: 5.08% Airbnb Rental Income: $2496 Traditional Rental Income: $3316 Airbnb ROI: 2.31% Traditional ROI: 5.08%
603 W Maple Street Wayland, MI Welcome to this spacious open-concept 4-bedroom home with a 2-car garage in the heart of W...	4 beds \| 1 baths \| 1,096 sq.ft.	$257,500	Airbnb cash on cash: 4.95% Traditional cash on cash: 4.42% Airbnb Rental Income: $2496 Traditional Rental Income: $1761 Airbnb ROI: 4.95% Traditional ROI: 4.42%
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: 1.61% Traditional cash on cash: 6.96% Airbnb Rental Income: $1505 Traditional Rental Income: $3032 Airbnb ROI: 1.61% 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: 3.19% Traditional cash on cash: 6.05% Airbnb Rental Income: $2496 Traditional Rental Income: $3108 Airbnb ROI: 3.19% Traditional ROI: 6.05%
2138 Parker Drive Wayland, MI GUN LAKE: this unique one owner custom-built home is situated on Robins Bay with 52 feet o...	4 beds \| 5 baths \| 2,203 sq.ft.	$995,000	Airbnb cash on cash: 0.11% Traditional cash on cash: 2.6% Airbnb Rental Income: $2496 Traditional Rental Income: $4194 Airbnb ROI: 0.11% Traditional ROI: 2.6%
1585 135th Avenue Wayland, MI Charming home that's has been completely renovated, offering the perfect balance of space,...	4 beds \| 2 baths \| 1,553 sq.ft.	$365,000	Airbnb cash on cash: 2.82% Traditional cash on cash: 4.36% Airbnb Rental Income: $2496 Traditional Rental Income: $2420 Airbnb ROI: 2.82% Traditional ROI: 4.36%
4367 Hickory View Court Wayland, MI HIGHEST AND BEST - Multiple offers received. Highest and best is due Monday, April 27 at 1...	5 beds \| 4 baths \| 2,888 sq.ft.	$419,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.16% Airbnb Rental Income: $null Traditional Rental Income: $3245 Airbnb ROI: N/A Traditional ROI: 6.16%

Real Estate investment in Wayland, MI

There are 37 properties for sale in the city of Wayland . The median list price in Wayland is $529,000 and the average price per square foot is $225. In May 2026, the average monthly cash on cash return in Wayland is 5.00%. The average monthly rental income in Wayland is $2,760.

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

There are 37 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 $2,760.

Your search for investment property begins and ends here

Investment Property for Sale in Wayland, MI

1775 Edwin Drive

Wayland, MI

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

$835,000

Airbnb cash on cash: 0.14%

Traditional cash on cash: 0.76%

Airbnb Rental Income: $2496

Traditional Rental Income: $2371

Airbnb ROI: 0.14%

Traditional ROI: 0.76%

2751 Russell Drive

Wayland, MI

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

$699,900

Airbnb cash on cash: 0.42%

Traditional cash on cash: 1.73%

Airbnb Rental Income: $2496

Traditional Rental Income: $2747

Airbnb ROI: 0.42%

Traditional ROI: 1.73%

250 Shore Drive

Wayland, MI

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

$1,225,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.17%

Airbnb Rental Income: $null

Traditional Rental Income: $3708

Airbnb ROI: N/A

Traditional ROI: 1.17%

3179 Sandy Beach Street

Wayland, MI

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

$850,000

Airbnb cash on cash: -1.47%

Traditional cash on cash: 1.39%

Airbnb Rental Income: $1505

Traditional Rental Income: $3327

Airbnb ROI: -1.47%

Traditional ROI: 1.39%

1980 Parker Drive

Wayland, MI

2 beds | 2 baths | 963 sq.ft.

$624,900

Airbnb cash on cash: -1.33%

Traditional cash on cash: 1.27%

Airbnb Rental Income: $606

Traditional Rental Income: $1834

Airbnb ROI: -1.33%

Traditional ROI: 1.27%

3214 7th Street

Wayland, MI

4 beds | 3 baths | 2,336 sq.ft.

$449,900

Airbnb cash on cash: 2.6%

Traditional cash on cash: 6.2%

Airbnb Rental Income: $2496

Traditional Rental Income: $3409

Airbnb ROI: 2.6%

Traditional ROI: 6.2%

146 Hanlon Court

Wayland, MI

3 beds | 2 baths | 1,592 sq.ft.

$349,900

Airbnb cash on cash: 0.99%

Traditional cash on cash: 5.05%

Airbnb Rental Income: $1505

Traditional Rental Income: $2401

Airbnb ROI: 0.99%

Traditional ROI: 5.05%

4294 Highpoint Drive #103

Wayland, MI

2 beds | 2 baths | 1,420 sq.ft.

$325,000

Airbnb cash on cash: -0.39%

Traditional cash on cash: 6.32%

Airbnb Rental Income: $606

Traditional Rental Income: $2365

Airbnb ROI: -0.39%