Real Estate Investment Properties for Sale in Cadillac, MI

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
108 Henderson Place Cadillac, MI Even more adorable and cozy than it looks! This turn key tiny home is well built, is full ...	1 beds \| 1 baths \| 400 sq.ft.	$149,000	Airbnb cash on cash: -0.46% Traditional cash on cash: 2.87% Airbnb Rental Income: $540 Traditional Rental Income: $735 Airbnb ROI: -0.46% Traditional ROI: 2.87%
218 N Simons Street Cadillac, MI Location Location Location!!! This inviting 3 bed/2 bath home is conveniently located near...	3 beds \| 2 baths \| 1,390 sq.ft.	$169,900	Airbnb cash on cash: 4.26% Traditional cash on cash: 4.3% Airbnb Rental Income: $1569 Traditional Rental Income: $1125 Airbnb ROI: 4.26% Traditional ROI: 4.3%
8086 Hagstrom Lane Cadillac, MI Welcome to this stunning Executive 5 acre estate. Step into refined living on this 5-acre ...	4 beds \| 4 baths \| 4,407 sq.ft.	$649,900	Airbnb cash on cash: 0.76% Traditional cash on cash: 4.37% Airbnb Rental Income: $2181 Traditional Rental Income: $3814 Airbnb ROI: 0.76% Traditional ROI: 4.37%
252 W Lake Drive Cadillac, MI Welcome to 252 W Lake Drive - An Original Camp Torenta Log Cabin on the Shores of Lake Cad...	2 beds \| 1 baths \| 550 sq.ft.	$224,900	Airbnb cash on cash: 1.64% Traditional cash on cash: 3.9% Airbnb Rental Income: $1363 Traditional Rental Income: $1428 Airbnb ROI: 1.64% Traditional ROI: 3.9%
2410 E LAKE MITCHELL DRIVE Cadillac, MI Deeded Lake Access!! Welcome to 2410 E Lake Mitchell Dr, a beautifully updated 2-bedroom, ...	2 beds \| 1 baths \| 972 sq.ft.	$249,900	Airbnb cash on cash: 0.89% Traditional cash on cash: 2.98% Airbnb Rental Income: $1363 Traditional Rental Income: $1438 Airbnb ROI: 0.89% Traditional ROI: 2.98%
5945 E M-55 Cadillac, MI Now is your chance to get this amazing home for a GREAT price! The cozy comfort of home w...	4 beds \| 3 baths \| 1,730 sq.ft.	$460,000	Airbnb cash on cash: 1.04% Traditional cash on cash: 2.57% Airbnb Rental Income: $2181 Traditional Rental Income: $2288 Airbnb ROI: 1.04% Traditional ROI: 2.57%
865 Farrar Street Cadillac, MI Charming 2 bed, 1 bath home with an attached 1-stall garage and full basement-recently upg...	2 beds \| 1 baths \| 894 sq.ft.	$154,900	Airbnb cash on cash: 3.53% Traditional cash on cash: 6.37% Airbnb Rental Income: $1363 Traditional Rental Income: $1368 Airbnb ROI: 3.53% Traditional ROI: 6.37%
3603 W Lake Mitchell Drive Cadillac, MI Welcome to your serene waterfront retreat on the shores of Lake Mitchell. This inviting 3-...	3 beds \| 2 baths \| 1,798 sq.ft.	$469,900	Airbnb cash on cash: 0.41% Traditional cash on cash: 4.1% Airbnb Rental Income: $1569 Traditional Rental Income: $2741 Airbnb ROI: 0.41% Traditional ROI: 4.1%
111 Birchwood Lane Cadillac, MI Welcome to 111 Birchwood Drive â a stunning Lindell cedar home overlooking the 16th tee ...	4 beds \| 3 baths \| 2,606 sq.ft.	$397,000	Airbnb cash on cash: 1.6% Traditional cash on cash: 5.9% Airbnb Rental Income: $2181 Traditional Rental Income: $3227 Airbnb ROI: 1.6% Traditional ROI: 5.9%
705 Lester Street Cadillac, MI Well maintained and ready to enjoy! This charming 2-bedroom, 1-bath home in the heart of C...	2 beds \| 1 baths \| 1,137 sq.ft.	$159,900	Airbnb cash on cash: 3.44% Traditional cash on cash: 7.07% Airbnb Rental Income: $1363 Traditional Rental Income: $1501 Airbnb ROI: 3.44% Traditional ROI: 7.07%
1024 Laurel Street Cadillac, MI Affordable and move in ready 4 Bed 2 Bath home on a corner lot in the City of Cadillac! 1 ...	4 beds \| 2 baths \| 1,718 sq.ft.	$179,900	Airbnb cash on cash: 6.62% Traditional cash on cash: 10.84% Airbnb Rental Income: $2181 Traditional Rental Income: $2350 Airbnb ROI: 6.62% Traditional ROI: 10.84%
2580 Pleasant Lake Shore Drive Cadillac, MI Charming year-round cottage, 45 min to Traverse City offering the perfect blend of comfort...	3 beds \| 1 baths \| 1,488 sq.ft.	$385,000	Airbnb cash on cash: 0.91% Traditional cash on cash: 3.11% Airbnb Rental Income: $1569 Traditional Rental Income: $1913 Airbnb ROI: 0.91% Traditional ROI: 3.11%
328 Howard Street Cadillac, MI The Northern Michigan lifestyle you've been searching for is slipping away. Every day, ano...	3 beds \| 1 baths \| 919 sq.ft.	$188,000	Airbnb cash on cash: 3.23% Traditional cash on cash: 4.89% Airbnb Rental Income: $1569 Traditional Rental Income: $1416 Airbnb ROI: 3.23% Traditional ROI: 4.89%
225 Wildwood Drive Cadillac, MI Immediate Occupancy!! Wildwood condo's have so much to offer. You have all of the convenie...	2 beds \| 2 baths \| 1,100 sq.ft.	$159,900	Airbnb cash on cash: 3.08% Traditional cash on cash: 9.86% Airbnb Rental Income: $1363 Traditional Rental Income: $1981 Airbnb ROI: 3.08% Traditional ROI: 9.86%
4754 White Pine Lane Cadillac, MI Privacy meets convenience. This 3 bedroom 2 bath home sits on an acre lot which buts up to...	3 beds \| 2 baths \| 1,540 sq.ft.	$349,000	Airbnb cash on cash: 1.28% Traditional cash on cash: 4.57% Airbnb Rental Income: $1569 Traditional Rental Income: $2197 Airbnb ROI: 1.28% Traditional ROI: 4.57%
256 W Lake Drive Cadillac, MI Over 110 feet of waterfront on the Lake Mitchell canal! This move-in ready, turn-key 2-bed...	2 beds \| 1 baths \| 992 sq.ft.	$304,900	Airbnb cash on cash: 0.86% Traditional cash on cash: 1.55% Airbnb Rental Income: $1363 Traditional Rental Income: $1145 Airbnb ROI: 0.86% Traditional ROI: 1.55%
TBD S 47 3/4 Road Cadillac, MI Move-in-ready off-grid living on 18.9 acres! This 800 sq ft cabin is fully equipped with s...	1 beds \| 1 baths \| 800 sq.ft.	$179,900	Airbnb cash on cash: -1.69% Traditional cash on cash: 6.13% Airbnb Rental Income: $540 Traditional Rental Income: $1601 Airbnb ROI: -1.69% Traditional ROI: 6.13%
11333 W Cadillac Road Cadillac, MI Tucked away on 12 beautiful, wooded acres yet just minutes from town and the US 131 Freewa...	3 beds \| 2 baths \| 1,848 sq.ft.	$459,900	Airbnb cash on cash: 0.48% Traditional cash on cash: 3.65% Airbnb Rental Income: $1569 Traditional Rental Income: $2483 Airbnb ROI: 0.48% Traditional ROI: 3.65%
821 COTEY Cadillac, MI Great investment property that currently has both units occupied with good rental history....	2 beds \| 2 baths \| 1,260 sq.ft.	$160,000	Airbnb cash on cash: 3.08% Traditional cash on cash: 4.29% Airbnb Rental Income: $1363 Traditional Rental Income: $1132 Airbnb ROI: 3.08% Traditional ROI: 4.29%
2601 Sunnyside Drive Cadillac, MI Charming Cottage with Lake Cadillac Views! This adorable two-bedroom house sits on a spaci...	2 beds \| 1 baths \| 888 sq.ft.	$150,000	Airbnb cash on cash: 3.29% Traditional cash on cash: 6.95% Airbnb Rental Income: $1363 Traditional Rental Income: $1473 Airbnb ROI: 3.29% Traditional ROI: 6.95%
11124 E M-55 Cadillac, MI Location location location!! Sitting back off of the road, down a paved driveway, shaded w...	4 beds \| N/A baths \| 2,200 sq.ft.	$284,900	Airbnb cash on cash: 3.71% Traditional cash on cash: 6.09% Airbnb Rental Income: $2181 Traditional Rental Income: $2267 Airbnb ROI: 3.71% Traditional ROI: 6.09%
513 E Cass Street Cadillac, MI Charming Craftsman in Cadillacâs Historic District! This 4-bedroom, 4-bath home blends t...	4 beds \| 3 baths \| 3,708 sq.ft.	$325,900	Airbnb cash on cash: 2.31% Traditional cash on cash: 6.96% Airbnb Rental Income: $2181 Traditional Rental Income: $3052 Airbnb ROI: 2.31% Traditional ROI: 6.96%
504 Allen Street Cadillac, MI This charming 3-bedroom, 1-bath home on an extra-large corner lot offers comfort, convenie...	3 beds \| 1 baths \| 900 sq.ft.	$145,000	Airbnb cash on cash: 5.12% Traditional cash on cash: 7.95% Airbnb Rental Income: $1569 Traditional Rental Income: $1512 Airbnb ROI: 5.12% Traditional ROI: 7.95%
120 Mosser Street Cadillac, MI Paint - Carpet Allowance & Home Warranty included! Sweet little 3B 1B Cadillac charmer wit...	3 beds \| 1 baths \| 1,132 sq.ft.	$140,000	Airbnb cash on cash: 5.45% Traditional cash on cash: 8.79% Airbnb Rental Income: $1569 Traditional Rental Income: $1567 Airbnb ROI: 5.45% Traditional ROI: 8.79%
9075 WINDSONG LANE Cadillac, MI Spacious well cared for, beautifully updated, family home! Large corner lot, artfully land...	3 beds \| 4 baths \| 1,473 sq.ft.	$398,500	Airbnb cash on cash: 0.67% Traditional cash on cash: 6.18% Airbnb Rental Income: $1569 Traditional Rental Income: $3175 Airbnb ROI: 0.67% Traditional ROI: 6.18%
211 E Division Street Cadillac, MI This lovely 4-bedroom, 2-bathroom home is located in Cadillacâs Historic District and o...	4 beds \| 2 baths \| 2,111 sq.ft.	$219,000	Airbnb cash on cash: 5.32% Traditional cash on cash: 9.69% Airbnb Rental Income: $2181 Traditional Rental Income: $2535 Airbnb ROI: 5.32% Traditional ROI: 9.69%
139 Cobb Street Cadillac, MI Investors take notice! This duplex has a bulletproof rental history, has been kept up well...	4 beds \| 2 baths \| 1,144 sq.ft.	$142,000	Airbnb cash on cash: 8.33% Traditional cash on cash: 10.17% Airbnb Rental Income: $2181 Traditional Rental Income: $1879 Airbnb ROI: 8.33% Traditional ROI: 10.17%
205 Alexander Street Cadillac, MI Welcome to your perfect up-north getaway or year-round home. Nestled in the heart of Cadi...	2 beds \| 1 baths \| 1,200 sq.ft.	$250,000	Airbnb cash on cash: 1.1% Traditional cash on cash: 4.71% Airbnb Rental Income: $1363 Traditional Rental Income: $1800 Airbnb ROI: 1.1% Traditional ROI: 4.71%
128 E Pine Street Cadillac, MI Discover the best kept secret of Downtown Cadillac â an "Oasis in the City!â Nestled d...	5 beds \| 3 baths \| 3,734 sq.ft.	$725,000	Airbnb cash on cash: 0.04% Traditional cash on cash: 1.9% Airbnb Rental Income: $2909 Traditional Rental Income: $3489 Airbnb ROI: 0.04% Traditional ROI: 1.9%
4381 Benson Road Cadillac, MI Welcome to this charming 4 bedroom, 3 bath ranch-style home located in a quiet subdivision...	4 beds \| 3 baths \| 2,168 sq.ft.	$299,000	Airbnb cash on cash: 3.86% Traditional cash on cash: 7.07% Airbnb Rental Income: $2181 Traditional Rental Income: $2530 Airbnb ROI: 3.86% Traditional ROI: 7.07%
11881 E M-55 Cadillac, MI Beautiful 3 bedroom, 2 Bath Home on 10+ Acres with a full unfinished basement. There is ...	3 beds \| 2 baths \| 1,357 sq.ft.	$222,000	Airbnb cash on cash: 2.95% Traditional cash on cash: 5.22% Airbnb Rental Income: $1569 Traditional Rental Income: $1596 Airbnb ROI: 2.95% Traditional ROI: 5.22%
00 S 47 3/4 ROAD FOREST DR. Cadillac, MI Great recreational cabin on nearly 16 private secluded acres! Want to get away from it all...	2 beds \| 1 baths \| 480 sq.ft.	$169,000	Airbnb cash on cash: 2.79% Traditional cash on cash: 3.87% Airbnb Rental Income: $1363 Traditional Rental Income: $1122 Airbnb ROI: 2.79% Traditional ROI: 3.87%
624 White Pine Drive Cadillac, MI Beautiful 4â5 Bedroom Home on Lakewood on the Green Golf Course â Cadillac West. Over...	5 beds \| 4 baths \| 4,536 sq.ft.	$543,000	Airbnb cash on cash: 1.47% Traditional cash on cash: 4.1% Airbnb Rental Income: $2909 Traditional Rental Income: $3568 Airbnb ROI: 1.47% Traditional ROI: 4.1%
209 E Chapin Street Cadillac, MI Discover this beautifully updated home offering immediate occupancy in the heart of Cadill...	4 beds \| 2 baths \| 1,674 sq.ft.	$209,000	Airbnb cash on cash: 5.77% Traditional cash on cash: 6.95% Airbnb Rental Income: $2181 Traditional Rental Income: $1862 Airbnb ROI: 5.77% Traditional ROI: 6.95%
616 Lakeshore Drive Cadillac, MI Lake views without the waterfront taxes! This fully remodeled 2-bed, 2-bath ranch is move-...	2 beds \| 2 baths \| 1,494 sq.ft.	$362,900	Airbnb cash on cash: -0.02% Traditional cash on cash: 1.56% Airbnb Rental Income: $1363 Traditional Rental Income: $1485 Airbnb ROI: -0.02% Traditional ROI: 1.56%
8956 Lamplighter Lane Cadillac, MI Spacious 4-bedroom, 4-bathroom home in the desirable Harmony Hills Subdivision! This beaut...	4 beds \| 4 baths \| 3,450 sq.ft.	$499,900	Airbnb cash on cash: 1.71% Traditional cash on cash: 5.6% Airbnb Rental Income: $2181 Traditional Rental Income: $3447 Airbnb ROI: 1.71% Traditional ROI: 5.6%
506 E DIVISION STREET Cadillac, MI Step into timeless charm with this beautifully loved farmhouse, perfectly nestled in Cadil...	3 beds \| 2 baths \| 1,470 sq.ft.	$179,900	Airbnb cash on cash: 4.13% Traditional cash on cash: 10.41% Airbnb Rental Income: $1569 Traditional Rental Income: $2194 Airbnb ROI: 4.13% Traditional ROI: 10.41%
313 Holbrook Cadillac, MI This fully updated property is ready for its next chapter. Inside, youâll find durable l...	4 beds \| 1 baths \| 1,599 sq.ft.	$199,900	Airbnb cash on cash: 6.34% Traditional cash on cash: 6.48% Airbnb Rental Income: $2181 Traditional Rental Income: $1655 Airbnb ROI: 6.34% Traditional ROI: 6.48%
301 N Lake Street unit: 104 #104 Cadillac, MI Check out this beautiful, first floor condo with great views of Lake Cadillac. Walk across...	2 beds \| 2 baths \| 1,216 sq.ft.	$249,000	Airbnb cash on cash: 0.59% Traditional cash on cash: 4.7% Airbnb Rental Income: $1363 Traditional Rental Income: $1914 Airbnb ROI: 0.59% Traditional ROI: 4.7%
706 Colfax Street Cadillac, MI MOVE RIGHT IN! Stunning newly built ranch home. Modern living just a couple blocks from La...	3 beds \| 2 baths \| 1,152 sq.ft.	$225,000	Airbnb cash on cash: 2.3% Traditional cash on cash: 5.87% Airbnb Rental Income: $1569 Traditional Rental Income: $1880 Airbnb ROI: 2.3% Traditional ROI: 5.87%

Real Estate investment in Cadillac, MI

There are 98 properties for sale in the city of Cadillac . The median list price in Cadillac is $249,900 and the average price per square foot is $138. In October 2025, the average monthly cash on cash return in Cadillac is 6.00%. The average monthly rental income in Cadillac is $1,981.

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

There are 98 investment properties available for sale in Cadillac.

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

The ROI for Long-Term is higher than the Short-Term in Cadillac with average rental income of $1,981.

Your search for investment property begins and ends here

Investment Property for Sale in Cadillac, MI

108 Henderson Place

Cadillac, MI

1 beds | 1 baths | 400 sq.ft.

$149,000

Airbnb cash on cash: -0.46%

Traditional cash on cash: 2.87%

Airbnb Rental Income: $540

Traditional Rental Income: $735

Airbnb ROI: -0.46%

Traditional ROI: 2.87%

218 N Simons Street

Cadillac, MI

3 beds | 2 baths | 1,390 sq.ft.

$169,900

Airbnb cash on cash: 4.26%

Traditional cash on cash: 4.3%

Airbnb Rental Income: $1569

Traditional Rental Income: $1125

Airbnb ROI: 4.26%

Traditional ROI: 4.3%

8086 Hagstrom Lane

Cadillac, MI

4 beds | 4 baths | 4,407 sq.ft.

$649,900

Airbnb cash on cash: 0.76%

Traditional cash on cash: 4.37%

Airbnb Rental Income: $2181

Traditional Rental Income: $3814

Airbnb ROI: 0.76%

Traditional ROI: 4.37%

252 W Lake Drive

Cadillac, MI

2 beds | 1 baths | 550 sq.ft.

$224,900

Airbnb cash on cash: 1.64%

Traditional cash on cash: 3.9%

Airbnb Rental Income: $1363

Traditional Rental Income: $1428

Airbnb ROI: 1.64%

Traditional ROI: 3.9%

2410 E LAKE MITCHELL DRIVE

Cadillac, MI

2 beds | 1 baths | 972 sq.ft.

$249,900

Airbnb cash on cash: 0.89%

Traditional cash on cash: 2.98%

Airbnb Rental Income: $1363

Traditional Rental Income: $1438

Airbnb ROI: 0.89%

Traditional ROI: 2.98%

5945 E M-55

Cadillac, MI

4 beds | 3 baths | 1,730 sq.ft.

$460,000

Airbnb cash on cash: 1.04%

Traditional cash on cash: 2.57%

Airbnb Rental Income: $2181

Traditional Rental Income: $2288

Airbnb ROI: 1.04%

Traditional ROI: 2.57%

865 Farrar Street

Cadillac, MI

2 beds | 1 baths | 894 sq.ft.

$154,900

Airbnb cash on cash: 3.53%

Traditional cash on cash: 6.37%

Airbnb Rental Income: $1363

Traditional Rental Income: $1368

Airbnb ROI: 3.53%

Traditional ROI: 6.37%

3603 W Lake Mitchell Drive

Cadillac, MI

3 beds | 2 baths | 1,798 sq.ft.

$469,900

Airbnb cash on cash: 0.41%

Traditional cash on cash: 4.1%

Airbnb Rental Income: $1569

Traditional Rental Income: $2741

Airbnb ROI: 0.41%