Real Estate Investment Properties for Sale in Alma, MI

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

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

Search for Single Family Residential for Sale in Alma, 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 47 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
247 Gemstone Dr Alma, MI New construction in the City of Alma. This 3-bedroom home offers an open layout designed f...	3 beds \| 2 baths \| 1,325 sq.ft.	$324,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.36% Airbnb Rental Income: $null Traditional Rental Income: $2399 Airbnb ROI: N/A Traditional ROI: 5.36%
913 Pine Ave Alma, MI Back on the market due to previous Buyer had timing and cost concerns with exterior sewer ...	3 beds \| 1 baths \| 1,166 sq.ft.	$174,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.73% Airbnb Rental Income: $null Traditional Rental Income: $1748 Airbnb ROI: N/A Traditional ROI: 8.73%
135 Riverside Dr Alma, MI Relaxing on Riverside! This move in ready 2-bedroom, 1-bathroom home features a bay window...	2 beds \| 1 baths \| 1,409 sq.ft.	$145,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.87% Airbnb Rental Income: $null Traditional Rental Income: $1644 Airbnb ROI: N/A Traditional ROI: 8.87%
623 N State St Alma, MI Large American Foursquare home in Alma featuring many modern updates and awaiting your fin...	4 beds \| 2 baths \| 3,516 sq.ft.	$435,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.24% Airbnb Rental Income: $null Traditional Rental Income: $3161 Airbnb ROI: N/A Traditional ROI: 5.24%
104 Grove Ave Alma, MI This is the first time this home has been listed in over 55 years! This well-loved home h...	3 beds \| 1 baths \| 1,280 sq.ft.	$150,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.99% Airbnb Rental Income: $null Traditional Rental Income: $1457 Airbnb ROI: N/A Traditional ROI: 6.99%
1215 Rosedale St Alma, MI YOUR WAIT IS OFFICIALLY OVER!! Come see this freshly remodeled ranch style home nestled in...	2 beds \| 1 baths \| 927 sq.ft.	$124,043	Airbnb cash on cash: N/A Traditional cash on cash: 7.69% Airbnb Rental Income: $null Traditional Rental Income: $1311 Airbnb ROI: N/A Traditional ROI: 7.69%
258 Ruby Ct Alma, MI Beautifully built ranch in the highly sought-after Gemstone Fields subdivision of Alma. Si...	3 beds \| 2 baths \| 1,358 sq.ft.	$329,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.06% Airbnb Rental Income: $null Traditional Rental Income: $2170 Airbnb ROI: N/A Traditional ROI: 4.06%
214 N Grover Ave Alma, MI Charming 2-bedroom corner-lot home in the City of Alma, is ready for its next chapter. Ste...	2 beds \| 1 baths \| 936 sq.ft.	$79,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.91% Airbnb Rental Income: $null Traditional Rental Income: $1056 Airbnb ROI: N/A Traditional ROI: 8.91%
1510 Luce Ct Alma, MI This charming, authentic log cabin, built in 1999 and offers over 1,700 square feet of liv...	3 beds \| 2 baths \| 1,780 sq.ft.	$350,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.44% Airbnb Rental Income: $null Traditional Rental Income: $1771 Airbnb ROI: N/A Traditional ROI: 2.44%
267 W Lincoln Rd Alma, MI Located in the heart of Alma, this home offers a great opportunity for buyers looking to a...	3 beds \| 1 baths \| 1,220 sq.ft.	$225,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.89% Airbnb Rental Income: $null Traditional Rental Income: $1890 Airbnb ROI: N/A Traditional ROI: 6.89%
422 W Center Alma, MI Rarely available 4-bedroom ranch in a highly desirable neighborhood near Alma College and ...	4 beds \| 1 baths \| 1,602 sq.ft.	$199,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.78% Airbnb Rental Income: $null Traditional Rental Income: $2184 Airbnb ROI: N/A Traditional ROI: 8.78%
730 N River Alma, MI Welcome home to this well-maintained 3-bedroom, 1-bath property that's truly ready for you...	3 beds \| 1 baths \| 1,094 sq.ft.	$124,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.47% Airbnb Rental Income: $null Traditional Rental Income: $1533 Airbnb ROI: N/A Traditional ROI: 9.47%
711 Francisco Ave Alma, MI The Sellers just finished some projects, now it's ready for new owners. Inside, you'll app...	4 beds \| 1 baths \| 1,537 sq.ft.	$139,900	Airbnb cash on cash: N/A Traditional cash on cash: 10.52% Airbnb Rental Income: $null Traditional Rental Income: $1841 Airbnb ROI: N/A Traditional ROI: 10.52%
430 Bridge Ave Alma, MI This home has been privately owned and not offered to the public for many years, presentin...	8 beds \| 5 baths \| 4,288 sq.ft.	$305,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.46% Airbnb Rental Income: $null Traditional Rental Income: $2549 Airbnb ROI: N/A Traditional ROI: 6.46%
3495 Kali Ln Alma, MI 3495 Kali Ln, Alma, MI 48801 \| Single Family Residential	3 beds \| 2 baths \| 1,880 sq.ft.	$374,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.76% Airbnb Rental Income: $null Traditional Rental Income: $2305 Airbnb ROI: N/A Traditional ROI: 3.76%
348 N Grover Ave Alma, MI Welcome home to this charming 2-bedroom, 1-bathroom home in Alma that's truly move-in read...	2 beds \| 1 baths \| 776 sq.ft.	$126,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.43% Airbnb Rental Income: $null Traditional Rental Income: $1307 Airbnb ROI: N/A Traditional ROI: 7.43%
535 Yale Ave Alma, MI This ranch style 4 bedroom, 3 bathroom home sits on a beautifully landscaped corner lot ju...	4 beds \| 3 baths \| 2,029 sq.ft.	$250,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.96% Airbnb Rental Income: $null Traditional Rental Income: $3008 Airbnb ROI: N/A Traditional ROI: 9.96%
742 E Van Buren Rd Alma, MI Great country location with easy access to US-127 and just a short drive off the paved roa...	3 beds \| 2 baths \| 1,820 sq.ft.	$265,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.15% Airbnb Rental Income: $null Traditional Rental Income: $2309 Airbnb ROI: N/A Traditional ROI: 7.15%
5142 N State Rd Alma, MI 3 bed 2 bath ranch home with a partially finished basement.5050 N State RD Alma MI is Incl...	4 beds \| 3 baths \| 3,600 sq.ft.	$301,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.45% Airbnb Rental Income: $null Traditional Rental Income: $2817 Airbnb ROI: N/A Traditional ROI: 8.45%
1006 Falkirk Rd Alma, MI Welcome home to this beautifully updated 4-bedroom, 3-bath ranch offering space, style, an...	4 beds \| 3 baths \| 2,962 sq.ft.	$340,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.79% Airbnb Rental Income: $null Traditional Rental Income: $2670 Airbnb ROI: N/A Traditional ROI: 5.79%
894 Riverview Dr Alma, MI 894 Riverview Dr, Alma, MI 48801 \| Single Family Residential	3 beds \| N/A baths \| 1,606 sq.ft.	$255,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.19% Airbnb Rental Income: $null Traditional Rental Income: $1708 Airbnb ROI: N/A Traditional ROI: 4.19%
540 Fairlane Dr Alma, MI As they say " Location, Location, Location! Ideally situated between Alma College and the ...	3 beds \| 2 baths \| 2,166 sq.ft.	$294,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.93% Airbnb Rental Income: $null Traditional Rental Income: $2161 Airbnb ROI: N/A Traditional ROI: 4.93%
612 Liberty St Alma, MI Needs Your Lovin' to Become Your Darling Home! Located on a quiet street, this charming 2-...	2 beds \| 1 baths \| 1,104 sq.ft.	$134,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.61% Airbnb Rental Income: $null Traditional Rental Income: $1321 Airbnb ROI: N/A Traditional ROI: 7.61%
125 Cedar Ave Alma, MI Welcome to 125 Cedar! This beautifully maintained 4-bedroom, 2 bath home offers the perfec...	4 beds \| 2 baths \| 2,205 sq.ft.	$169,043	Airbnb cash on cash: N/A Traditional cash on cash: 10.31% Airbnb Rental Income: $null Traditional Rental Income: $2159 Airbnb ROI: N/A Traditional ROI: 10.31%
173 Crystal Ct Alma, MI 173 Crystal Ct, Alma, MI 48801 \| Single Family Residential	4 beds \| 3 baths \| 1,440 sq.ft.	$324,999	Airbnb cash on cash: N/A Traditional cash on cash: 5.16% Airbnb Rental Income: $null Traditional Rental Income: $2441 Airbnb ROI: N/A Traditional ROI: 5.16%
1232 E Superior St Alma, MI If you're looking for something affordable that will require little maintenance, this is t...	4 beds \| 2 baths \| 1,456 sq.ft.	$180,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.63% Airbnb Rental Income: $null Traditional Rental Income: $1878 Airbnb ROI: N/A Traditional ROI: 8.63%
424 Center St Alma, MI Welcome to this stunning character-filled home offering approximately 3,000 square feet of...	5 beds \| 2 baths \| 2,530 sq.ft.	$234,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.83% Airbnb Rental Income: $null Traditional Rental Income: $2607 Airbnb ROI: N/A Traditional ROI: 7.83%
115 Golfside Dr Alma, MI 115 Golfside Dr, Alma, MI 48801 \| Single Family Residential	6 beds \| 5 baths \| 4,033 sq.ft.	$843,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.41% Airbnb Rental Income: $null Traditional Rental Income: $4760 Airbnb ROI: N/A Traditional ROI: 3.41%
509 Liberty St Alma, MI 509 Liberty St, Alma, MI 48801 \| Single Family Residential	4 beds \| 3 baths \| 1,390 sq.ft.	$184,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.06% Airbnb Rental Income: $null Traditional Rental Income: $2119 Airbnb ROI: N/A Traditional ROI: 9.06%
111 Penrith Ave Alma, MI 111 Penrith Ave, Alma, MI 48801 \| Single Family Residential	3 beds \| 2 baths \| 1,358 sq.ft.	$179,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.98% Airbnb Rental Income: $null Traditional Rental Income: $1710 Airbnb ROI: N/A Traditional ROI: 6.98%
4996 N Alger Rd Alma, MI 4996 N Alger Rd, Alma, MI 48801 \| Single Family Residential	3 beds \| 1 baths \| 1,200 sq.ft.	$225,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.57% Airbnb Rental Income: $null Traditional Rental Income: $1389 Airbnb ROI: N/A Traditional ROI: 3.57%
614 Allen Ave Alma, MI 614 Allen Ave, Alma, MI 48801 \| Single Family Residential	2 beds \| 1 baths \| 922 sq.ft.	$175,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.12% Airbnb Rental Income: $null Traditional Rental Income: $1032 Airbnb ROI: N/A Traditional ROI: 3.12%
4782 W Lincoln Rd Alma, MI 4782 W Lincoln Rd, Alma, MI 48801 \| Single Family Residential	2 beds \| 2 baths \| 1,503 sq.ft.	$299,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.98% Airbnb Rental Income: $null Traditional Rental Income: $1646 Airbnb ROI: N/A Traditional ROI: 2.98%
1709 Hickory St Alma, MI 1709 Hickory St, Alma, MI 48801 \| Single Family Residential	2 beds \| 1 baths \| 1,005 sq.ft.	$129,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.51% Airbnb Rental Income: $null Traditional Rental Income: $1095 Airbnb ROI: N/A Traditional ROI: 5.51%
4747 W Van Buren Rd Alma, MI 4747 W Van Buren Rd, Alma, MI 48801 \| Single Family Residential	3 beds \| 1 baths \| 1,746 sq.ft.	$284,043	Airbnb cash on cash: N/A Traditional cash on cash: 2.44% Airbnb Rental Income: $null Traditional Rental Income: $1420 Airbnb ROI: N/A Traditional ROI: 2.44%
110 Crane St Alma, MI 110 Crane St, Alma, MI 48801 \| Single Family Residential	3 beds \| 2 baths \| 923 sq.ft.	$165,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.04% Airbnb Rental Income: $null Traditional Rental Income: $1439 Airbnb ROI: N/A Traditional ROI: 6.04%
1107 Michigan Ave Alma, MI 1107 Michigan Ave, Alma, MI 48801 \| Single Family Residential	3 beds \| 1 baths \| 1,390 sq.ft.	$150,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.43% Airbnb Rental Income: $null Traditional Rental Income: $1376 Airbnb ROI: N/A Traditional ROI: 6.43%
1117 Michigan Ave Alma, MI 1117 Michigan Ave, Alma, MI 48801 \| Single Family Residential	2 beds \| N/A baths \| 1,392 sq.ft.	$125,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.89% Airbnb Rental Income: $null Traditional Rental Income: $1344 Airbnb ROI: N/A Traditional ROI: 7.89%
1112 ferris St Alma, MI 1112 ferris St, Alma, MI 48801 \| Single Family Residential	3 beds \| 1 baths \| 1,320 sq.ft.	$189,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.6% Airbnb Rental Income: $null Traditional Rental Income: $1378 Airbnb ROI: N/A Traditional ROI: 4.6%

Your search for investment property begins and ends here

Single Family Homes for Sale in Alma, MI

247 Gemstone Dr

Alma, MI

3 beds | 2 baths | 1,325 sq.ft.

$324,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.36%

Airbnb Rental Income: $null

Traditional Rental Income: $2399

Airbnb ROI: N/A

Traditional ROI: 5.36%

913 Pine Ave

Alma, MI

3 beds | 1 baths | 1,166 sq.ft.

$174,900

Airbnb cash on cash: N/A

Traditional cash on cash: 8.73%

Airbnb Rental Income: $null

Traditional Rental Income: $1748

Airbnb ROI: N/A

Traditional ROI: 8.73%

135 Riverside Dr

Alma, MI

2 beds | 1 baths | 1,409 sq.ft.

$145,000

Airbnb cash on cash: N/A

Traditional cash on cash: 8.87%

Airbnb Rental Income: $null

Traditional Rental Income: $1644

Airbnb ROI: N/A

Traditional ROI: 8.87%

623 N State St

Alma, MI

4 beds | 2 baths | 3,516 sq.ft.

$435,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.24%

Airbnb Rental Income: $null

Traditional Rental Income: $3161

Airbnb ROI: N/A

Traditional ROI: 5.24%

104 Grove Ave

Alma, MI

3 beds | 1 baths | 1,280 sq.ft.

$150,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.99%

Airbnb Rental Income: $null

Traditional Rental Income: $1457

Airbnb ROI: N/A

Traditional ROI: 6.99%

1215 Rosedale St

Alma, MI

2 beds | 1 baths | 927 sq.ft.

$124,043

Airbnb cash on cash: N/A

Traditional cash on cash: 7.69%

Airbnb Rental Income: $null

Traditional Rental Income: $1311

Airbnb ROI: N/A

Traditional ROI: 7.69%

258 Ruby Ct

Alma, MI

3 beds | 2 baths | 1,358 sq.ft.

$329,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.06%

Airbnb Rental Income: $null

Traditional Rental Income: $2170

Airbnb ROI: N/A

Traditional ROI: 4.06%

214 N Grover Ave

Alma, MI

2 beds | 1 baths | 936 sq.ft.

$79,900

Airbnb cash on cash: N/A

Traditional cash on cash: 8.91%

Airbnb Rental Income: $null

Traditional Rental Income: $1056

Airbnb ROI: N/A