Real Estate Investments for Sale in Allegan, MI With High ROI

Are you looking for a vacation rental in Allegan, MI? Look no further! We have a wide variety of vacation available for sale, including beachfront condos, mountain single-family homes, townhouses, vacation homes and everything in between.

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
3831 Forest Trail Allegan, MI Imagine sitting on the deck enjoying the calm sweeping views of Lake Allegan. Captivati...	4 beds \| 3 baths \| 3,496 sq.ft.	$725,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.19% Airbnb Rental Income: $null Traditional Rental Income: $2598 Airbnb ROI: N/A Traditional ROI: 1.19%
252 Russell Street Allegan, MI Recently remodeled! Fresh Paint, New flooring, upgraded plumbing and electrical, New roof,...	3 beds \| 1 baths \| 1,260 sq.ft.	$245,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.39% Airbnb Rental Income: $null Traditional Rental Income: $1226 Airbnb ROI: N/A Traditional ROI: 3.39%
633 Marshall Street Allegan, MI This Gorgeous 4-bedroom, 2.5-bathroom brick home preserved its historic charm through its ...	4 beds \| 3 baths \| 1,895 sq.ft.	$289,500	Airbnb cash on cash: N/A Traditional cash on cash: 6.75% Airbnb Rental Income: $null Traditional Rental Income: $2439 Airbnb ROI: N/A Traditional ROI: 6.75%
693 Bluegill Drive Allegan, MI Seasonal Lake Views and Access to not just 1, but 2 Private Lakes! This home has been comp...	2 beds \| 2 baths \| 959 sq.ft.	$295,000	Airbnb cash on cash: 6.24% Traditional cash on cash: 3.86% Airbnb Rental Income: $3011 Traditional Rental Income: $1659 Airbnb ROI: 6.24% Traditional ROI: 3.86%
2765 113th Avenue Allegan, MI Welcome to your charming 3 bed, 2 bath farm house, offering rustic elegance and modern com...	3 beds \| 2 baths \| 1,477 sq.ft.	$232,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.88% Airbnb Rental Income: $null Traditional Rental Income: $1775 Airbnb ROI: N/A Traditional ROI: 5.88%
3509 Lake Allegan Drive Allegan, MI Enjoy Lake Life just in time for summer on 1600 acre all-sports Lake Allegan. Located only...	3 beds \| 2 baths \| 2,062 sq.ft.	$495,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.43% Airbnb Rental Income: $null Traditional Rental Income: $1896 Airbnb ROI: N/A Traditional ROI: 2.43%
2119 Lincoln Road Allegan, MI Don't miss this great property with many opportunities. Home base business, investment pro...	3 beds \| 2 baths \| 1,856 sq.ft.	$299,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.76% Airbnb Rental Income: $null Traditional Rental Income: $1740 Airbnb ROI: N/A Traditional ROI: 3.76%
1084 38 Street Allegan, MI Welcome to your dream home situated on 75 acres of serene land in Allegan Michigan. This p...	5 beds \| 4 baths \| 3,861 sq.ft.	$1,150,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.68% Airbnb Rental Income: $null Traditional Rental Income: $3570 Airbnb ROI: N/A Traditional ROI: 1.68%
3956 Arrowhead Trail Allegan, MI Step into your own piece of paradise with this charming 2 bedroom, 1 bathroom home located...	2 beds \| 1 baths \| 1,100 sq.ft.	$225,000	Airbnb cash on cash: 8.7% Traditional cash on cash: 3.09% Airbnb Rental Income: $3011 Traditional Rental Income: $1125 Airbnb ROI: 8.7% Traditional ROI: 3.09%
3556 Grove Street Allegan, MI Ahh...what a peaceful location and beautiful home to start and end your day. You will appr...	4 beds \| 3 baths \| 2,546 sq.ft.	$464,500	Airbnb cash on cash: N/A Traditional cash on cash: 3.32% Airbnb Rental Income: $null Traditional Rental Income: $2602 Airbnb ROI: N/A Traditional ROI: 3.32%
503 Trowbridge st Street Allegan, MI Lovely 1900's home in downtown Allegan. House has the charm and characteristics of an his...	4 beds \| 1 baths \| 1,836 sq.ft.	$190,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.49% Airbnb Rental Income: $null Traditional Rental Income: $1388 Airbnb ROI: N/A Traditional ROI: 4.49%
419 Davis Street Allegan, MI Awesome two-story home with 4 bedrooms, 2 bathrooms in the City of Allegan. This home loc...	4 beds \| 2 baths \| 1,500 sq.ft.	$175,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.07% Airbnb Rental Income: $null Traditional Rental Income: $1917 Airbnb ROI: N/A Traditional ROI: 9.07%
3065 Grandview Drive Allegan, MI Move in ready, fresh paint, new carpets, and new appliances, 3 bedrooms ,1.5 bath on the ...	3 beds \| 2 baths \| 1,224 sq.ft.	$350,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.6% Airbnb Rental Income: $null Traditional Rental Income: $1744 Airbnb ROI: N/A Traditional ROI: 3.6%
1679 Ryan Woods Court Allegan, MI Nestled in a peaceful neighborhood, this charming two-story home offers comfort and privac...	4 beds \| 3 baths \| 2,194 sq.ft.	$370,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.57% Airbnb Rental Income: $null Traditional Rental Income: $2537 Airbnb ROI: N/A Traditional ROI: 4.57%
228 Robinson Street Allegan, MI Huge stick built garage with wood burner access. Double lot, several storage sheds and wid...	3 beds \| 2 baths \| 1,512 sq.ft.	$169,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.86% Airbnb Rental Income: $null Traditional Rental Income: $1834 Airbnb ROI: N/A Traditional ROI: 8.86%
79 28th Allegan, MI	3 beds \| 1 baths \| 1,204 sq.ft.	$197,500	Airbnb cash on cash: N/A Traditional cash on cash: 4.14% Airbnb Rental Income: $null Traditional Rental Income: $1240 Airbnb ROI: N/A Traditional ROI: 4.14%
3636 109th Avenue Allegan, MI Welcome to 3636 109th Ave. This 2 bedroom, 2 bath ranch home features a modern interior wi...	2 beds \| 2 baths \| 1,550 sq.ft.	$250,000	Airbnb cash on cash: 7.84% Traditional cash on cash: 5.45% Airbnb Rental Income: $3011 Traditional Rental Income: $1755 Airbnb ROI: 7.84% Traditional ROI: 5.45%
3365 125th Avenue Allegan, MI Nice Starter home on over 1/2 acre room to build a pole barn or garage. Close to Allegan o...	3 beds \| 2 baths \| 1,120 sq.ft.	$184,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.36% Airbnb Rental Income: $null Traditional Rental Income: $1713 Airbnb ROI: N/A Traditional ROI: 7.36%
1757 Fairview Drive Allegan, MI Brand New 1,732 sq ft custom built ranch with daylight basement and 3 car garage nestled o...	3 beds \| 3 baths \| 1,732 sq.ft.	$449,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.01% Airbnb Rental Income: $null Traditional Rental Income: $2506 Airbnb ROI: N/A Traditional ROI: 4.01%
1815 Arrowhead Trail Allegan, MI Custom built 3 bed, 3 full bath ranch home in Indian Trails with Lake Allegan access. The...	3 beds \| 3 baths \| 2,165 sq.ft.	$330,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.39% Airbnb Rental Income: $null Traditional Rental Income: $2355 Airbnb ROI: N/A Traditional ROI: 5.39%
3624 Bay View Drive Allegan, MI Nestled on 1.76 acres with Lake Allegan Access! Beautifully updated Ranch features open fl...	4 beds \| 3 baths \| 2,624 sq.ft.	$435,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.01% Airbnb Rental Income: $null Traditional Rental Income: $2521 Airbnb ROI: N/A Traditional ROI: 4.01%
2582 121st Avenue Allegan, MI Welcome home to this wonderful country setting. Sitting on just under 1 acre minutes away ...	2 beds \| 2 baths \| 1,440 sq.ft.	$210,000	Airbnb cash on cash: 9.18% Traditional cash on cash: 6.6% Airbnb Rental Income: $3011 Traditional Rental Income: $1808 Airbnb ROI: 9.18% Traditional ROI: 6.6%
696 30th Street Allegan, MI 696 30th St Allegan MI 49010 3 bedroom 1 bath farm house with large 2 car garage. Property...	3 beds \| 1 baths \| 1,579 sq.ft.	$99,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.41% Airbnb Rental Income: $null Traditional Rental Income: $1115 Airbnb ROI: N/A Traditional ROI: 7.41%
2637 111th Avenue Allegan, MI This beautiful 3 bedrooms, 2 1/2 bath, updated home sits on 4.96 acres in Trowbridge Towns...	3 beds \| 3 baths \| 2,182 sq.ft.	$365,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.52% Airbnb Rental Income: $null Traditional Rental Income: $2341 Airbnb ROI: N/A Traditional ROI: 4.52%
423 River Street Allegan, MI The charm & character throughout this remodeled historic farmhouse is breathtaking. locate...	3 beds \| 2 baths \| 1,384 sq.ft.	$240,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.11% Airbnb Rental Income: $null Traditional Rental Income: $1734 Airbnb ROI: N/A Traditional ROI: 5.11%
505 Cutler Street Allegan, MI This delightful home offers a blend of vintage character with modern updates. Upon enterin...	3 beds \| 1 baths \| 1,044 sq.ft.	$175,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.59% Airbnb Rental Income: $null Traditional Rental Income: $1166 Airbnb ROI: N/A Traditional ROI: 4.59%
2695 116th Ave Allegan, MI Ready to get out of town? Here is your opportunity. This charming 3 bedroom, 2 bath house ...	3 beds \| 2 baths \| 1,352 sq.ft.	$219,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.47% Airbnb Rental Income: $null Traditional Rental Income: $1835 Airbnb ROI: N/A Traditional ROI: 6.47%
4111 Wildwood Drive Allegan, MI Welcome to your dream waterfront living! Nestled amidst the tranquil beauty of Lake Allega...	3 beds \| 3 baths \| 4,522 sq.ft.	$740,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.26% Airbnb Rental Income: $null Traditional Rental Income: $2354 Airbnb ROI: N/A Traditional ROI: 1.26%
1883 Dillingham Drive Allegan, MI Welcome to this charming home in the woods near Lake Allegan! This property features commu...	3 beds \| 2 baths \| 2,100 sq.ft.	$289,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.5% Airbnb Rental Income: $null Traditional Rental Income: $1931 Airbnb ROI: N/A Traditional ROI: 4.5%
2230 35th Street Allegan, MI Country living at its best! Situated on 2.27 acres with a 27x40 outbuilding, chicken coop...	4 beds \| 2 baths \| 2,334 sq.ft.	$344,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.3% Airbnb Rental Income: $null Traditional Rental Income: $2028 Airbnb ROI: N/A Traditional ROI: 4.3%
4503 106th Avenue Allegan, MI You will be amazed at the views and the privacy! This beautiful 4 bedroom home has 200ft o...	4 beds \| 2 baths \| 1,950 sq.ft.	$209,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.47% Airbnb Rental Income: $null Traditional Rental Income: $1996 Airbnb ROI: N/A Traditional ROI: 7.47%

Real Estate investment in Allegan, MI

There are 31 properties for sale in the city of Allegan . The median list price in Allegan is $245,000 and the average price per square foot is $139. In April 2024, the average monthly cash on cash return in Allegan is 4.00%. The average monthly rental income in Allegan is $1,744.

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

There are 31 investment properties available for sale in Allegan.

In 2024, the best neighborhood to buy investment property is Allegan.

The ROI for Long-Term is higher than the Short-Term in Allegan with average rental income of $1,744.

Your search for investment property begins and ends here

Investment Property for Sale in Allegan, MI

3831 Forest Trail

Allegan, MI

4 beds | 3 baths | 3,496 sq.ft.

$725,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.19%

Airbnb Rental Income: $null

Traditional Rental Income: $2598

Airbnb ROI: N/A

Traditional ROI: 1.19%

252 Russell Street

Allegan, MI

3 beds | 1 baths | 1,260 sq.ft.

$245,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.39%

Airbnb Rental Income: $null

Traditional Rental Income: $1226

Airbnb ROI: N/A

Traditional ROI: 3.39%

633 Marshall Street

Allegan, MI

4 beds | 3 baths | 1,895 sq.ft.

$289,500

Airbnb cash on cash: N/A

Traditional cash on cash: 6.75%

Airbnb Rental Income: $null

Traditional Rental Income: $2439

Airbnb ROI: N/A

Traditional ROI: 6.75%

693 Bluegill Drive

Allegan, MI

2 beds | 2 baths | 959 sq.ft.

$295,000

Airbnb cash on cash: 6.24%

Traditional cash on cash: 3.86%

Airbnb Rental Income: $3011

Traditional Rental Income: $1659

Airbnb ROI: 6.24%

Traditional ROI: 3.86%

2765 113th Avenue

Allegan, MI

3 beds | 2 baths | 1,477 sq.ft.

$232,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.88%

Airbnb Rental Income: $null

Traditional Rental Income: $1775

Airbnb ROI: N/A

Traditional ROI: 5.88%

3509 Lake Allegan Drive

Allegan, MI

3 beds | 2 baths | 2,062 sq.ft.

$495,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.43%

Airbnb Rental Income: $null

Traditional Rental Income: $1896

Airbnb ROI: N/A

Traditional ROI: 2.43%

2119 Lincoln Road

Allegan, MI

3 beds | 2 baths | 1,856 sq.ft.

$299,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.76%

Airbnb Rental Income: $null

Traditional Rental Income: $1740

Airbnb ROI: N/A

Traditional ROI: 3.76%

1084 38 Street

Allegan, MI

5 beds | 4 baths | 3,861 sq.ft.

$1,150,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.68%

Airbnb Rental Income: $null

Traditional Rental Income: $3570

Airbnb ROI: N/A