Real Estate Investment Properties for Sale in Wellston, MI

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
20832 Caberfae Highway Wellston, MI Escape to your own private Northern Michigan retreat! This beautiful live-edge sided home ...	2 beds \| 2 baths \| 1,920 sq.ft.	$219,000	Airbnb cash on cash: 1.06% Traditional cash on cash: 9.03% Airbnb Rental Income: $1054 Traditional Rental Income: $2342 Airbnb ROI: 1.06% Traditional ROI: 9.03%
17764 Round Lake Rd Wellston, MI Escape to Northern Michigan! Whether you're looking for a year-round home, weekend getaway...	3 beds \| 1 baths \| 1,080 sq.ft.	$175,000	Airbnb cash on cash: 1.45% Traditional cash on cash: 7.19% Airbnb Rental Income: $1045 Traditional Rental Income: $1638 Airbnb ROI: 1.45% Traditional ROI: 7.19%
3837 Fawn Rd Wellston, MI Looking for an affordable Northern Michigan base camp? This cozy 1-bedroom, 1-bath home si...	1 beds \| 1 baths \| 625 sq.ft.	$87,000	Airbnb cash on cash: 2.7% Traditional cash on cash: 9.2% Airbnb Rental Income: $791 Traditional Rental Income: $1024 Airbnb ROI: 2.7% Traditional ROI: 9.2%
10332 Marx Rd Wellston, MI Great Cabin location!!!! Close to all the up north amenities from: Caberfae Ski Resort, L...	3 beds \| 1 baths \| 1,160 sq.ft.	$89,900	Airbnb cash on cash: 4.21% Traditional cash on cash: 8.55% Airbnb Rental Income: $1045 Traditional Rental Income: $1063 Airbnb ROI: 4.21% Traditional ROI: 8.55%
1416 Seaman Rd Wellston, MI Fisherman's Headquarters!! This log cabin is in Wellston on a 90'x75' corner lot across fr...	1 beds \| 1 baths \| 600 sq.ft.	$89,000	Airbnb cash on cash: 1.84% Traditional cash on cash: 6.8% Airbnb Rental Income: $791 Traditional Rental Income: $902 Airbnb ROI: 1.84% Traditional ROI: 6.8%
4183 Mary St Wellston, MI Located within walking distance of the Dublin Store this 2 bedroom home is a terrific geta...	2 beds \| 1 baths \| 960 sq.ft.	$154,900	Airbnb cash on cash: 2.52% Traditional cash on cash: 5.58% Airbnb Rental Income: $1054 Traditional Rental Income: $1142 Airbnb ROI: 2.52% Traditional ROI: 5.58%
10530 W 48 1/2 Rd Wellston, MI Nestled between Peterson and Dobson Bridges, this 40-acre property is a perfect country re...	3 beds \| 1 baths \| 2,197 sq.ft.	$379,000	Airbnb cash on cash: -0.2% Traditional cash on cash: 1.29% Airbnb Rental Income: $1045 Traditional Rental Income: $1209 Airbnb ROI: -0.2% Traditional ROI: 1.29%
18150 Stronach Dam Rd Wellston, MI	3 beds \| 1 baths \| 1,200 sq.ft.	$230,000	Airbnb cash on cash: 1.04% Traditional cash on cash: 5.5% Airbnb Rental Income: $1045 Traditional Rental Income: $1651 Airbnb ROI: 1.04% Traditional ROI: 5.5%
13191 Chicago Ave Wellston, MI The Sylvan creek lodge which is currently being used as a home sits on 53 acres with over ...	5 beds \| 1 baths \| 3,240 sq.ft.	$588,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.1% Airbnb Rental Income: $null Traditional Rental Income: $2981 Airbnb ROI: N/A Traditional ROI: 4.1%
1306 N Tippy Dam Road Wellston, MI Discover Tippy Dam Lodge, a one-of-a-kind retreat deep in Michigan's Manistee National For...	12 beds \| 5 baths \| 4,000 sq.ft.	$999,900	Airbnb cash on cash: N/A Traditional cash on cash: 0.11% Airbnb Rental Income: $null Traditional Rental Income: $1874 Airbnb ROI: N/A Traditional ROI: 0.11%
3815 Joseph St Wellston, MI Escape to this adorable 2-bedroom, 1-bath cottage nestled in the heart of Wellston, MI-jus...	2 beds \| 1 baths \| 720 sq.ft.	$145,000	Airbnb cash on cash: 2.74% Traditional cash on cash: 7.93% Airbnb Rental Income: $1054 Traditional Rental Income: $1411 Airbnb ROI: 2.74% Traditional ROI: 7.93%
M-55 Wellston, MI M-55, Hoxeyville, MI 49689 \| Other	N/A beds \| N/A baths \| N/A	$620,000	Airbnb cash on cash: -2.33% Traditional cash on cash: -1.73% Airbnb Rental Income: $478 Traditional Rental Income: $557 Airbnb ROI: -2.33% Traditional ROI: -1.73%
17068 Seventh St Lot : 24, 25 Wellston, MI 17068 Seventh St Lot : 24, 25, Wellston, MI 49689 \| Single Family Residential	2 beds \| 1 baths \| 974 sq.ft.	$90,000	Airbnb cash on cash: 4.28% Traditional cash on cash: 7.67% Airbnb Rental Income: $1054 Traditional Rental Income: $988 Airbnb ROI: 4.28% Traditional ROI: 7.67%
0 W M-55 Wellston, MI 0 W M-55, Wellston, MI 49689 \| Other	N/A beds \| N/A baths \| N/A	$250,000	Airbnb cash on cash: -2.03% Traditional cash on cash: -0.56% Airbnb Rental Income: $478 Traditional Rental Income: $557 Airbnb ROI: -2.03% Traditional ROI: -0.56%
V/L Dexter Rd Wellston, MI V/L Dexter Rd, Wellston, MI 49689 \| Other	N/A beds \| N/A baths \| N/A	$192,000	Airbnb cash on cash: -1.87% Traditional cash on cash: 0.03% Airbnb Rental Income: $478 Traditional Rental Income: $557 Airbnb ROI: -1.87% Traditional ROI: 0.03%
Steinberg Rd Wellston, MI Steinberg Rd, Wellston, MI 49689 \| Other	N/A beds \| N/A baths \| N/A	$46,900	Airbnb cash on cash: -0.03% Traditional cash on cash: 7.2% Airbnb Rental Income: $478 Traditional Rental Income: $557 Airbnb ROI: -0.03% Traditional ROI: 7.2%
647 N Hart Rd Wellston, MI Private setting for your new home on over 5 acers of wooded property. This parcel also has...	3 beds \| 2 baths \| 1,480 sq.ft.	$229,900	Airbnb cash on cash: 0.89% Traditional cash on cash: 7.47% Airbnb Rental Income: $1045 Traditional Rental Income: $2112 Airbnb ROI: 0.89% Traditional ROI: 7.47%
9184 M-37 Wellston, MI A one-of-a-kind riverfront log cabin and nearly 40 wooded acres with over 1,500 ft of Pine...	3 beds \| 2 baths \| 3,459 sq.ft.	$1,299,000	Airbnb cash on cash: -0.93% Traditional cash on cash: 0.42% Airbnb Rental Income: $1045 Traditional Rental Income: $2302 Airbnb ROI: -0.93% Traditional ROI: 0.42%
22533 Hoxeyville Wellston, MI Escape to Northern Michigan with this Barndominium-style home nestled on 10 wooded acres i...	1 beds \| 1 baths \| 960 sq.ft.	$199,900	Airbnb cash on cash: 0.04% Traditional cash on cash: 4.25% Airbnb Rental Income: $791 Traditional Rental Income: $1268 Airbnb ROI: 0.04% Traditional ROI: 4.25%
16928 6th St Wellston, MI Embrace the ultimate ''Up North'' lifestyle with this adorable cottage located just a half...	2 beds \| 1 baths \| 856 sq.ft.	$129,900	Airbnb cash on cash: 3.34% Traditional cash on cash: 7.69% Airbnb Rental Income: $1054 Traditional Rental Income: $1232 Airbnb ROI: 3.34% Traditional ROI: 7.69%
4616 Chalker Road Wellston, MI Listing will go live on July 6th! Escape to the peace and beauty of Northern Michigan with...	2 beds \| 1 baths \| 672 sq.ft.	$150,000	Airbnb cash on cash: 2.36% Traditional cash on cash: 5.91% Airbnb Rental Income: $1054 Traditional Rental Income: $1199 Airbnb ROI: 2.36% Traditional ROI: 5.91%
18233 Old House Rd Wellston, MI This 3-bedroom, 2-bath manufactured home at 18233 Old House Road in Wellston offers a func...	3 beds \| 2 baths \| 1,456 sq.ft.	$195,000	Airbnb cash on cash: 1.36% Traditional cash on cash: 9.52% Airbnb Rental Income: $1045 Traditional Rental Income: $2193 Airbnb ROI: 1.36% Traditional ROI: 9.52%
17862 Old House Rd Wellston, MI 17862 Old House Rd, Wellston, MI 49689 \| Other	N/A beds \| N/A baths \| N/A	$120,000	Airbnb cash on cash: -1.5% Traditional cash on cash: 2.25% Airbnb Rental Income: $478 Traditional Rental Income: $643 Airbnb ROI: -1.5% Traditional ROI: 2.25%
4570 Mary Rd Wellston, MI 4570 Mary Rd, Wellston, MI 49689 \| Other	N/A beds \| N/A baths \| N/A	$70,000	Airbnb cash on cash: -0.81% Traditional cash on cash: 5.51% Airbnb Rental Income: $478 Traditional Rental Income: $648 Airbnb ROI: -0.81% Traditional ROI: 5.51%
694 S Tippy Dam Rd Wellston, MI 694 S Tippy Dam Rd, Wellston, MI 49689 \| Manufactured Home	3 beds \| 1 baths \| 812 sq.ft.	$125,000	Airbnb cash on cash: 2.39% Traditional cash on cash: 6.99% Airbnb Rental Income: $1045 Traditional Rental Income: $1236 Airbnb ROI: 2.39% Traditional ROI: 6.99%
19520 Hoxeyville Rd Wellston, MI 19520 Hoxeyville Rd, Wellston, MI 49689 \| Single Family Residential	2 beds \| 1 baths \| 1,120 sq.ft.	$159,000	Airbnb cash on cash: 1.42% Traditional cash on cash: 2.57% Airbnb Rental Income: $1054 Traditional Rental Income: $864 Airbnb ROI: 1.42% Traditional ROI: 2.57%
20705 Hoxeyville Rd Wellston, MI 20705 Hoxeyville Rd, Wellston, MI 49689 \| Single Family Residential	4 beds \| 2 baths \| 1,440 sq.ft.	$574,900	Airbnb cash on cash: -1.29% Traditional cash on cash: 0.87% Airbnb Rental Income: $1134 Traditional Rental Income: $1920 Airbnb ROI: -1.29% Traditional ROI: 0.87%
3774 Susan St Wellston, MI 3774 Susan St, Wellston, MI 49689 \| Single Family Residential	1 beds \| 1 baths \| 600 sq.ft.	$149,900	Airbnb cash on cash: 0.12% Traditional cash on cash: 2.22% Airbnb Rental Income: $791 Traditional Rental Income: $771 Airbnb ROI: 0.12% Traditional ROI: 2.22%
4472 James St Wellston, MI 4472 James St, Wellston, MI 49689 \| Single Family Residential	2 beds \| 1 baths \| 636 sq.ft.	$124,900	Airbnb cash on cash: 2.34% Traditional cash on cash: 4.85% Airbnb Rental Income: $1054 Traditional Rental Income: $992 Airbnb ROI: 2.34% Traditional ROI: 4.85%
787 S Michigan Ave Wellston, MI 787 S Michigan Ave, Wellston, MI 49689 \| Other	N/A beds \| N/A baths \| N/A	$116,000	Airbnb cash on cash: -1.46% Traditional cash on cash: 2.57% Airbnb Rental Income: $478 Traditional Rental Income: $661 Airbnb ROI: -1.46% Traditional ROI: 2.57%
Peacock Rd Wellston, MI Peacock Rd, Wellston, MI 49689 \| Other	N/A beds \| N/A baths \| N/A	$64,900	Airbnb cash on cash: -0.67% Traditional cash on cash: 6.3% Airbnb Rental Income: $478 Traditional Rental Income: $661 Airbnb ROI: -0.67% Traditional ROI: 6.3%

Real Estate investment in Wellston, MI

There are 34 properties for sale in the city of Wellston . The median list price in Wellston is $222,317 and the average price per square foot is $155. In October 2026, the average monthly cash on cash return in Wellston is 6.00%. The average monthly rental income in Wellston is $1,204.

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

There are 34 investment properties available for sale in Wellston.

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

The ROI for Long-Term is higher than the Short-Term in Wellston with average rental income of $1,204.

Your search for investment property begins and ends here

Investment Property for Sale in Wellston, MI

20832 Caberfae Highway

Wellston, MI

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

$219,000

Airbnb cash on cash: 1.06%

Traditional cash on cash: 9.03%

Airbnb Rental Income: $1054

Traditional Rental Income: $2342

Airbnb ROI: 1.06%

Traditional ROI: 9.03%

17764 Round Lake Rd

Wellston, MI

3 beds | 1 baths | 1,080 sq.ft.

$175,000

Airbnb cash on cash: 1.45%

Traditional cash on cash: 7.19%

Airbnb Rental Income: $1045

Traditional Rental Income: $1638

Airbnb ROI: 1.45%

Traditional ROI: 7.19%

3837 Fawn Rd

Wellston, MI

1 beds | 1 baths | 625 sq.ft.

$87,000

Airbnb cash on cash: 2.7%

Traditional cash on cash: 9.2%

Airbnb Rental Income: $791

Traditional Rental Income: $1024

Airbnb ROI: 2.7%

Traditional ROI: 9.2%

10332 Marx Rd

Wellston, MI

3 beds | 1 baths | 1,160 sq.ft.

$89,900

Airbnb cash on cash: 4.21%

Traditional cash on cash: 8.55%

Airbnb Rental Income: $1045

Traditional Rental Income: $1063

Airbnb ROI: 4.21%

Traditional ROI: 8.55%

1416 Seaman Rd

Wellston, MI

1 beds | 1 baths | 600 sq.ft.

$89,000

Airbnb cash on cash: 1.84%

Traditional cash on cash: 6.8%

Airbnb Rental Income: $791

Traditional Rental Income: $902

Airbnb ROI: 1.84%

Traditional ROI: 6.8%

4183 Mary St

Wellston, MI

2 beds | 1 baths | 960 sq.ft.

$154,900

Airbnb cash on cash: 2.52%

Traditional cash on cash: 5.58%

Airbnb Rental Income: $1054

Traditional Rental Income: $1142

Airbnb ROI: 2.52%

Traditional ROI: 5.58%

10530 W 48 1/2 Rd

Wellston, MI

3 beds | 1 baths | 2,197 sq.ft.

$379,000

Airbnb cash on cash: -0.2%

Traditional cash on cash: 1.29%

Airbnb Rental Income: $1045

Traditional Rental Income: $1209

Airbnb ROI: -0.2%

Traditional ROI: 1.29%

18150 Stronach Dam Rd

Wellston, MI

3 beds | 1 baths | 1,200 sq.ft.

$230,000

Airbnb cash on cash: 1.04%

Traditional cash on cash: 5.5%

Airbnb Rental Income: $1045

Traditional Rental Income: $1651

Airbnb ROI: 1.04%