Real Estate Investment Properties for Sale in Bear Lake, MI

Looking for investment property in Bear Lake, MI with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
7694 Norconk Road Bear Lake, MI Just north of Bear Lake on 2.5 acres, this 3-bedroom ranch has a relaxed, farmhouse feel. ...	3 beds \| 1 baths \| 1,650 sq.ft.	$227,000	Airbnb cash on cash: 4.17% Traditional cash on cash: 6.18% Airbnb Rental Income: $1864 Traditional Rental Income: $1795 Airbnb ROI: 4.17% Traditional ROI: 6.18%
11775 Golfview Drive Bear Lake, MI Custom-designed cedar home on over 7.5 acres with 600â of frontage along the 5th hole at...	3 beds \| 4 baths \| 3,732 sq.ft.	$850,000	Airbnb cash on cash: 0.01% Traditional cash on cash: 2.45% Airbnb Rental Income: $1864 Traditional Rental Income: $3297 Airbnb ROI: 0.01% Traditional ROI: 2.45%
5859 Potter Road Bear Lake, MI SO MUCH HOME FOR THE MONEY! Priced to reflect 2024 appraisal. This newer custom ranch home...	4 beds \| 4 baths \| 7,374 sq.ft.	$1,450,000	Airbnb cash on cash: -0.51% Traditional cash on cash: 1.87% Airbnb Rental Income: $2018 Traditional Rental Income: $4704 Airbnb ROI: -0.51% Traditional ROI: 1.87%
2892 High Street Bear Lake, MI Here is your northern getaway!! This extraordinary property is currently used as a vacatio...	4 beds \| 2 baths \| 1,291 sq.ft.	$450,000	Airbnb cash on cash: 1.92% Traditional cash on cash: 2.64% Airbnb Rental Income: $2018 Traditional Rental Income: $1794 Airbnb ROI: 1.92% Traditional ROI: 2.64%
12165 Tenth Street Bear Lake, MI This premier Bear Lake barndominium has never been lived in and is waiting for you! Built...	2 beds \| 2 baths \| 1,108 sq.ft.	$549,900	Airbnb cash on cash: 1.24% Traditional cash on cash: 1.57% Airbnb Rental Income: $2431 Traditional Rental Income: $2006 Airbnb ROI: 1.24% Traditional ROI: 1.57%
8110 Ames Road Bear Lake, MI Welcome to this stunningly remodeled farmhouse, where historic charm and modern sophistica...	3 beds \| 2 baths \| 1,905 sq.ft.	$749,900	Airbnb cash on cash: 0.28% Traditional cash on cash: 1.57% Airbnb Rental Income: $1864 Traditional Rental Income: $2272 Airbnb ROI: 0.28% Traditional ROI: 1.57%
7933 Lake Street Bear Lake, MI 3 bedroom, 1 bath home with beautiful Bear Lake views. Walking distance to Hopkins Park. W...	3 beds \| 1 baths \| 1,110 sq.ft.	$218,000	Airbnb cash on cash: 4.47% Traditional cash on cash: 5.79% Airbnb Rental Income: $1864 Traditional Rental Income: $1636 Airbnb ROI: 4.47% Traditional ROI: 5.79%
7809 Potter Road Bear Lake, MI Back on market at no fault of the home or Seller's. Discover comfort and convenience in th...	4 beds \| 2 baths \| 1,603 sq.ft.	$255,000	Airbnb cash on cash: 4.24% Traditional cash on cash: 7.62% Airbnb Rental Income: $2018 Traditional Rental Income: $2308 Airbnb ROI: 4.24% Traditional ROI: 7.62%
11050 Thirteen Mile Road Bear Lake, MI *Legend has it that All things Magical are merely Dreams. Untold hopes, a fleeting wish~ t...	4 beds \| 4 baths \| 3,159 sq.ft.	$989,000	Airbnb cash on cash: -0.04% Traditional cash on cash: 2.71% Airbnb Rental Income: $2018 Traditional Rental Income: $4029 Airbnb ROI: -0.04% Traditional ROI: 2.71%
11713 Linderman Road Bear Lake, MI Perched on a quiet hilltop with sweeping views of Bear Lake and the rolling countryside, t...	4 beds \| 4 baths \| 3,276 sq.ft.	$593,000	Airbnb cash on cash: 0.78% Traditional cash on cash: 6.07% Airbnb Rental Income: $2018 Traditional Rental Income: $4424 Airbnb ROI: 0.78% Traditional ROI: 6.07%
12245 West St Street Bear Lake, MI Ranch Style home on a large corner lot just a short walk from beautiful 1800 acre Bear Lak...	3 beds \| 2 baths \| 972 sq.ft.	$199,900	Airbnb cash on cash: 4.22% Traditional cash on cash: 6.46% Airbnb Rental Income: $1864 Traditional Rental Income: $1790 Airbnb ROI: 4.22% Traditional ROI: 6.46%
7423 Bair Avenue Bear Lake, MI Premier location on Bear Lake, situated on Bair Ave in the neighborhood of multi-million d...	2 beds \| 1 baths \| 1,100 sq.ft.	$995,000	Airbnb cash on cash: 0.38% Traditional cash on cash: 0.26% Airbnb Rental Income: $2431 Traditional Rental Income: $1722 Airbnb ROI: 0.38% Traditional ROI: 0.26%
6325 Big Bay Road Bear Lake, MI WOW-- MOTIVATED SELLERS! Location! Location! Location! Nestled beautifully on the shores o...	3 beds \| 2 baths \| 2,654 sq.ft.	$749,900	Airbnb cash on cash: 0.45% Traditional cash on cash: 2.72% Airbnb Rental Income: $1864 Traditional Rental Income: $2951 Airbnb ROI: 0.45% Traditional ROI: 2.72%
10653 Milarch Road Bear Lake, MI This handcrafted chalet-style retreat is nestled on 5.5 acres of rolling, wooded landscape...	2 beds \| 2 baths \| 1,808 sq.ft.	$550,000	Airbnb cash on cash: 1.29% Traditional cash on cash: 2.3% Airbnb Rental Income: $2431 Traditional Rental Income: $2356 Airbnb ROI: 1.29% Traditional ROI: 2.3%
9234 GLOVERS LAKE ROAD Bear Lake, MI Welcome to your charming farmhouse oasis located at 9234 Glovers Lake Road in Bear Lake. T...	3 beds \| 3 baths \| 1,630 sq.ft.	$214,900	Airbnb cash on cash: 4.65% Traditional cash on cash: 9.61% Airbnb Rental Income: $1864 Traditional Rental Income: $2374 Airbnb ROI: 4.65% Traditional ROI: 9.61%
9234 Glovers Lake Road Road Bear Lake, MI	4 beds \| 3 baths \| 1,630 sq.ft.	$214,900	Airbnb cash on cash: 5.24% Traditional cash on cash: 10.15% Airbnb Rental Income: $2018 Traditional Rental Income: $2494 Airbnb ROI: 5.24% Traditional ROI: 10.15%
8367 Lake Street Bear Lake, MI Up North living in a great Bear Lake Cottage. Gently used & lovingly lived in 3 Bedroom/ 2...	3 beds \| 2 baths \| 1,200 sq.ft.	$499,000	Airbnb cash on cash: 1.32% Traditional cash on cash: 3.01% Airbnb Rental Income: $1864 Traditional Rental Income: $2150 Airbnb ROI: 1.32% Traditional ROI: 3.01%
8399 Lake Street Bear Lake, MI Charming Cottage with Bear Lake Views - A Hidden Gem Awaiting Revival. Nestled on a spacio...	2 beds \| 1 baths \| 700 sq.ft.	$199,000	Airbnb cash on cash: 7.43% Traditional cash on cash: 4.39% Airbnb Rental Income: $2431 Traditional Rental Income: $1263 Airbnb ROI: 7.43% Traditional ROI: 4.39%
6458 8 mile Road Bear Lake, MI Custom Ranch Retreat with Heated Garage, Workshop & Pond Welcome to 6458 8 Mile Roadâ...	4 beds \| 2 baths \| 1,972 sq.ft.	$409,000	Airbnb cash on cash: 2.04% Traditional cash on cash: 5.01% Airbnb Rental Income: $2018 Traditional Rental Income: $2628 Airbnb ROI: 2.04% Traditional ROI: 5.01%
7278 Glovers Lake Road Bear Lake, MI Own a Piece of History! Originally the Malcolm School, this well-maintained 3-bedroom, 2-b...	3 beds \| 2 baths \| 1,520 sq.ft.	$298,000	Airbnb cash on cash: 2.01% Traditional cash on cash: 5.03% Airbnb Rental Income: $1864 Traditional Rental Income: $2210 Airbnb ROI: 2.01% Traditional ROI: 5.03%
6624 S Shore Drive Bear Lake, MI Tucked just off the south shore of Bear Lake, this family retreat offers filtered views of...	3 beds \| 2 baths \| 1,650 sq.ft.	$428,000	Airbnb cash on cash: 1.39% Traditional cash on cash: 4.21% Airbnb Rental Income: $1864 Traditional Rental Income: $2496 Airbnb ROI: 1.39% Traditional ROI: 4.21%
12220 Maple Street Bear Lake, MI MUST SEE this move-in ready quaint ranch in the Village of Bear Lake. Close to public acc...	2 beds \| 2 baths \| 1,615 sq.ft.	$229,900	Airbnb cash on cash: 6.3% Traditional cash on cash: 7.92% Airbnb Rental Income: $2431 Traditional Rental Income: $2191 Airbnb ROI: 6.3% Traditional ROI: 7.92%

Real Estate investment in Bear-lake, MI

There are 22 properties for sale in the city of Bear Lake . The median list price in Bear Lake is $409,000 and the average price per square foot is $210. In September 2025, the average monthly cash on cash return in Bear Lake is 5.00%. The average monthly rental income in Bear Lake is $2,201.

Bear-lake, MI Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 22 investment properties available for sale in Bear-lake.

In 2025, the best neighborhood to buy investment property is Bear Lake.

The ROI for Long-Term is higher than the Short-Term in Bear-lake with average rental income of $2,201.

Your search for investment property begins and ends here

Investment Property for Sale in Bear Lake, MI

7694 Norconk Road

Bear Lake, MI

3 beds | 1 baths | 1,650 sq.ft.

$227,000

Airbnb cash on cash: 4.17%

Traditional cash on cash: 6.18%

Airbnb Rental Income: $1864

Traditional Rental Income: $1795

Airbnb ROI: 4.17%

Traditional ROI: 6.18%

11775 Golfview Drive

Bear Lake, MI

3 beds | 4 baths | 3,732 sq.ft.

$850,000

Airbnb cash on cash: 0.01%

Traditional cash on cash: 2.45%

Airbnb Rental Income: $1864

Traditional Rental Income: $3297

Airbnb ROI: 0.01%

Traditional ROI: 2.45%

5859 Potter Road

Bear Lake, MI

4 beds | 4 baths | 7,374 sq.ft.

$1,450,000

Airbnb cash on cash: -0.51%

Traditional cash on cash: 1.87%

Airbnb Rental Income: $2018

Traditional Rental Income: $4704

Airbnb ROI: -0.51%

Traditional ROI: 1.87%

2892 High Street

Bear Lake, MI

4 beds | 2 baths | 1,291 sq.ft.

$450,000

Airbnb cash on cash: 1.92%

Traditional cash on cash: 2.64%

Airbnb Rental Income: $2018

Traditional Rental Income: $1794

Airbnb ROI: 1.92%

Traditional ROI: 2.64%

12165 Tenth Street

Bear Lake, MI

2 beds | 2 baths | 1,108 sq.ft.

$549,900

Airbnb cash on cash: 1.24%

Traditional cash on cash: 1.57%

Airbnb Rental Income: $2431

Traditional Rental Income: $2006

Airbnb ROI: 1.24%

Traditional ROI: 1.57%

8110 Ames Road

Bear Lake, MI

3 beds | 2 baths | 1,905 sq.ft.

$749,900

Airbnb cash on cash: 0.28%

Traditional cash on cash: 1.57%

Airbnb Rental Income: $1864

Traditional Rental Income: $2272

Airbnb ROI: 0.28%

Traditional ROI: 1.57%

7933 Lake Street

Bear Lake, MI

3 beds | 1 baths | 1,110 sq.ft.

$218,000

Airbnb cash on cash: 4.47%

Traditional cash on cash: 5.79%

Airbnb Rental Income: $1864

Traditional Rental Income: $1636

Airbnb ROI: 4.47%

Traditional ROI: 5.79%

7809 Potter Road

Bear Lake, MI

4 beds | 2 baths | 1,603 sq.ft.

$255,000

Airbnb cash on cash: 4.24%

Traditional cash on cash: 7.62%

Airbnb Rental Income: $2018

Traditional Rental Income: $2308

Airbnb ROI: 4.24%