Real Estate Investment Properties for Sale in Alpena, MI

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

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

Search for Single Family Residential for Sale in Alpena, 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 32 Single Family Residential listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
113 Birdie Lane Alpena, MI Cute and solid brick ranch with 2 bedrooms and 1 bath, tucked away on a quiet cul-de-sac. ...	2 beds \| 1 baths \| 2,128 sq.ft.	$162,900	Airbnb cash on cash: 0.21% Traditional cash on cash: 8.42% Airbnb Rental Income: $717 Traditional Rental Income: $1685 Airbnb ROI: 0.21% Traditional ROI: 8.42%
101 Island View Drive Alpena, MI This home is truly move-in ready, reflecting the pride of meticulous ownership. It's packe...	3 beds \| 2 baths \| 2,088 sq.ft.	$269,000	Airbnb cash on cash: 0.52% Traditional cash on cash: 8.51% Airbnb Rental Income: $1043 Traditional Rental Income: $2707 Airbnb ROI: 0.52% Traditional ROI: 8.51%
1098 Wayne Road Alpena, MI Welcome to this cute 3-bedroom, 2-bathroom ranch home located in Alpena Township. This hom...	3 beds \| 2 baths \| 1,100 sq.ft.	$184,000	Airbnb cash on cash: 1.77% Traditional cash on cash: 5.08% Airbnb Rental Income: $1043 Traditional Rental Income: $1260 Airbnb ROI: 1.77% Traditional ROI: 5.08%
536 Brentwood Drive Alpena, MI Welcome to this inviting 3-bedroom, 1.5-bathroom home, designed with a modern open floor p...	3 beds \| 2 baths \| 1,516 sq.ft.	$269,900	Airbnb cash on cash: -0.21% Traditional cash on cash: 4.32% Airbnb Rental Income: $1043 Traditional Rental Income: $1833 Airbnb ROI: -0.21% Traditional ROI: 4.32%
121 Channel Road 1 Alpena, MI NEW AC, water heater, and heating system. This channel-front home offers direct access to ...	3 beds \| 2 baths \| 1,950 sq.ft.	$399,900	Airbnb cash on cash: -0.3% Traditional cash on cash: 5.59% Airbnb Rental Income: $1043 Traditional Rental Income: $2889 Airbnb ROI: -0.3% Traditional ROI: 5.59%
6234 French Road Alpena, MI Pleasant ranch home on paved road just minutes from town and Long Lake boat launch. Many u...	3 beds \| 1 baths \| 1,352 sq.ft.	$169,900	Airbnb cash on cash: 1.94% Traditional cash on cash: 10.56% Airbnb Rental Income: $1043 Traditional Rental Income: $2076 Airbnb ROI: 1.94% Traditional ROI: 10.56%
1124 Long Rapids Road Alpena, MI Charming ranch-style home located just outside the city limits. This two-bedroom home feat...	2 beds \| 1 baths \| 1,008 sq.ft.	$159,900	Airbnb cash on cash: 0.39% Traditional cash on cash: 8.98% Airbnb Rental Income: $717 Traditional Rental Income: $1719 Airbnb ROI: 0.39% Traditional ROI: 8.98%
567 Long Rapids Road Alpena, MI Great City location with all the feel of country living. Short distance to the hospital an...	4 beds \| 2 baths \| 1,866 sq.ft.	$269,900	Airbnb cash on cash: 1.29% Traditional cash on cash: 8.4% Airbnb Rental Income: $1379 Traditional Rental Income: $2770 Airbnb ROI: 1.29% Traditional ROI: 8.4%
1309 Crestview Drive Alpena, MI Spanish style brick ranch nestled in a wonderful neighborhood close to schools, hospital a...	3 beds \| 2 baths \| 1,476 sq.ft.	$200,000	Airbnb cash on cash: 1.28% Traditional cash on cash: 10.29% Airbnb Rental Income: $1043 Traditional Rental Income: $2391 Airbnb ROI: 1.28% Traditional ROI: 10.29%
104 Birdie Lane Alpena, MI This delightful 2-bedroom, 1-bath home sits just steps from the golf course-fitting for it...	2 beds \| 1 baths \| 1,650 sq.ft.	$159,200	Airbnb cash on cash: 0.33% Traditional cash on cash: 9.05% Airbnb Rental Income: $717 Traditional Rental Income: $1733 Airbnb ROI: 0.33% Traditional ROI: 9.05%
701 S Brooke Street Alpena, MI One level living! You will enjoy the open spaces in this rambling ranch. Large living room...	3 beds \| 2 baths \| 1,500 sq.ft.	$170,000	Airbnb cash on cash: 1.86% Traditional cash on cash: 11.38% Airbnb Rental Income: $1043 Traditional Rental Income: $2223 Airbnb ROI: 1.86% Traditional ROI: 11.38%
1711 LAKE WINYAH Alpena, MI COZY 2290 SQ FOOT BI LEVEL SITTING ON 1 ACRE OF STUNNING LAND. THIS HOME NOT ONLY FEATURES...	4 beds \| 2 baths \| 2,290 sq.ft.	$250,000	Airbnb cash on cash: 1.66% Traditional cash on cash: 9.85% Airbnb Rental Income: $1379 Traditional Rental Income: $2894 Airbnb ROI: 1.66% Traditional ROI: 9.85%
6815 Wessel Road Alpena, MI Well-maintained 2003 manufactured featuring a custom walk-in shower and functional living ...	3 beds \| 2 baths \| 1,260 sq.ft.	$225,000	Airbnb cash on cash: 0.24% Traditional cash on cash: 6.83% Airbnb Rental Income: $1043 Traditional Rental Income: $2085 Airbnb ROI: 0.24% Traditional ROI: 6.83%
17952 Birch Street Alpena, MI Enjoy waterfront living in this charming three bedroom, one and a half bath home situated ...	3 beds \| 2 baths \| 1,600 sq.ft.	$526,000	Airbnb cash on cash: -1.33% Traditional cash on cash: 2.5% Airbnb Rental Income: $1043 Traditional Rental Income: $2567 Airbnb ROI: -1.33% Traditional ROI: 2.5%
3352 French Road Alpena, MI Large Ranch home close to schools & shopping. Natural gas fireplace Insert in Living room ...	3 beds \| 1 baths \| 1,456 sq.ft.	$174,500	Airbnb cash on cash: 1.68% Traditional cash on cash: 9.63% Airbnb Rental Income: $1043 Traditional Rental Income: $2002 Airbnb ROI: 1.68% Traditional ROI: 9.63%
821 2nd Alpena, MI This well-built home has a great, fully fenced-in back yard. Walk into the large living ro...	2 beds \| 1 baths \| 889 sq.ft.	$149,900	Airbnb cash on cash: -0.31% Traditional cash on cash: 7.71% Airbnb Rental Income: $717 Traditional Rental Income: $1559 Airbnb ROI: -0.31% Traditional ROI: 7.71%
118 Begland Drive Alpena, MI Wake up to sunrise colors and wind down with glowing sunset skies at this sprawling ranch ...	3 beds \| 3 baths \| 1,972 sq.ft.	$649,900	Airbnb cash on cash: -0.65% Traditional cash on cash: 0.3% Airbnb Rental Income: $1043 Traditional Rental Income: $1260 Airbnb ROI: -0.65% Traditional ROI: 0.3%
2262 La Forest Avenue Alpena, MI Great location if you are looking to be close to all amenities! This 2 bedroom ranch has r...	2 beds \| 1 baths \| 864 sq.ft.	$147,000	Airbnb cash on cash: -0.27% Traditional cash on cash: 7.93% Airbnb Rental Income: $717 Traditional Rental Income: $1562 Airbnb ROI: -0.27% Traditional ROI: 7.93%
303 McKinley Avenue Alpena, MI This adorable 3-bed ranch has all the good stuff: a sunny sunroom, 8 1/2 ft ceilings, fres...	3 beds \| 1 baths \| 1,916 sq.ft.	$153,000	Airbnb cash on cash: 2.18% Traditional cash on cash: 10.47% Airbnb Rental Income: $1043 Traditional Rental Income: $1893 Airbnb ROI: 2.18% Traditional ROI: 10.47%
2129 Werth Road Alpena, MI Big opportunity in a small package. Don't let the square footage fool you -- this cozy 1 b...	1 beds \| 1 baths \| 634 sq.ft.	$80,000	Airbnb cash on cash: -0.26% Traditional cash on cash: 11.14% Airbnb Rental Income: $549 Traditional Rental Income: $1166 Airbnb ROI: -0.26% Traditional ROI: 11.14%
1507 S Second Avenue Alpena, MI	3 beds \| 1 baths \| 864 sq.ft.	$150,000	Airbnb cash on cash: 1.58% Traditional cash on cash: 9.2% Airbnb Rental Income: $1043 Traditional Rental Income: $1774 Airbnb ROI: 1.58% Traditional ROI: 9.2%
230 W Lincoln Street Alpena, MI Charming city home remodeled approximately 10 years ago featuring 3 bedrooms and 1 full ba...	3 beds \| 1 baths \| 2,184 sq.ft.	$179,900	Airbnb cash on cash: 1.67% Traditional cash on cash: 5.05% Airbnb Rental Income: $1043 Traditional Rental Income: $1260 Airbnb ROI: 1.67% Traditional ROI: 5.05%

Your search for investment property begins and ends here

Single Family Homes for Sale in Alpena, MI

113 Birdie Lane

Alpena, MI

2 beds | 1 baths | 2,128 sq.ft.

$162,900

Airbnb cash on cash: 0.21%

Traditional cash on cash: 8.42%

Airbnb Rental Income: $717

Traditional Rental Income: $1685

Airbnb ROI: 0.21%

Traditional ROI: 8.42%

101 Island View Drive

Alpena, MI

3 beds | 2 baths | 2,088 sq.ft.

$269,000

Airbnb cash on cash: 0.52%

Traditional cash on cash: 8.51%

Airbnb Rental Income: $1043

Traditional Rental Income: $2707

Airbnb ROI: 0.52%

Traditional ROI: 8.51%

1098 Wayne Road

Alpena, MI

3 beds | 2 baths | 1,100 sq.ft.

$184,000

Airbnb cash on cash: 1.77%

Traditional cash on cash: 5.08%

Airbnb Rental Income: $1043

Traditional Rental Income: $1260

Airbnb ROI: 1.77%

Traditional ROI: 5.08%

536 Brentwood Drive

Alpena, MI

3 beds | 2 baths | 1,516 sq.ft.

$269,900

Airbnb cash on cash: -0.21%

Traditional cash on cash: 4.32%

Airbnb Rental Income: $1043

Traditional Rental Income: $1833

Airbnb ROI: -0.21%

Traditional ROI: 4.32%

121 Channel Road 1

Alpena, MI

3 beds | 2 baths | 1,950 sq.ft.

$399,900

Airbnb cash on cash: -0.3%

Traditional cash on cash: 5.59%

Airbnb Rental Income: $1043

Traditional Rental Income: $2889

Airbnb ROI: -0.3%

Traditional ROI: 5.59%

6234 French Road

Alpena, MI

3 beds | 1 baths | 1,352 sq.ft.

$169,900

Airbnb cash on cash: 1.94%

Traditional cash on cash: 10.56%

Airbnb Rental Income: $1043

Traditional Rental Income: $2076

Airbnb ROI: 1.94%

Traditional ROI: 10.56%

1124 Long Rapids Road

Alpena, MI

2 beds | 1 baths | 1,008 sq.ft.

$159,900

Airbnb cash on cash: 0.39%

Traditional cash on cash: 8.98%

Airbnb Rental Income: $717

Traditional Rental Income: $1719

Airbnb ROI: 0.39%

Traditional ROI: 8.98%

567 Long Rapids Road

Alpena, MI

4 beds | 2 baths | 1,866 sq.ft.

$269,900

Airbnb cash on cash: 1.29%

Traditional cash on cash: 8.4%

Airbnb Rental Income: $1379

Traditional Rental Income: $2770

Airbnb ROI: 1.29%