Real Estate Investment Properties for Sale in Canadian Lakes, MI

Looking for investment property in Canadian Lakes, MI with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
7663 Bay Meadow Canadian Lakes, MI Main Canadian Lakes waterfront home with sandy beach and incredible watersports fun off yo...	3 beds \| 3 baths \| 2,306 sq.ft.	$765,000	Airbnb cash on cash: -0.87% Traditional cash on cash: 1.94% Airbnb Rental Income: $1515 Traditional Rental Income: $3078 Airbnb ROI: -0.87% Traditional ROI: 1.94%
12480 Lone Wolf Trail Canadian Lakes, MI Chalet nestled in a serene pine/hardwood forest with direct backyard access to 200 acres o...	3 beds \| 2 baths \| 1,856 sq.ft.	$229,900	Airbnb cash on cash: 2.21% Traditional cash on cash: 8.28% Airbnb Rental Income: $1515 Traditional Rental Income: $2394 Airbnb ROI: 2.21% Traditional ROI: 8.28%
8800 Longview Drive Canadian Lakes, MI Discover your perfect getaway in the sought-after Canadian Lakes community! This charming ...	3 beds \| 2 baths \| 1,624 sq.ft.	$204,900	Airbnb cash on cash: 2.83% Traditional cash on cash: 10.34% Airbnb Rental Income: $1515 Traditional Rental Income: $2532 Airbnb ROI: 2.83% Traditional ROI: 10.34%
6797 Beechnut Court Canadian Lakes, MI Welcome to the 18th hole of the Royal golf course. Enjoy a secluded, private location on ...	3 beds \| 3 baths \| 2,389 sq.ft.	$329,000	Airbnb cash on cash: 0.62% Traditional cash on cash: 5.96% Airbnb Rental Income: $1515 Traditional Rental Income: $2724 Airbnb ROI: 0.62% Traditional ROI: 5.96%
11867 Port Stewart Drive Canadian Lakes, MI This custom home on a quiet cul-de-sac overlooks Tullymore Golf Club's 5th tee and boasts ...	5 beds \| 4 baths \| 3,373 sq.ft.	$669,000	Airbnb cash on cash: 2.52% Traditional cash on cash: 3.6% Airbnb Rental Income: $3542 Traditional Rental Income: $3437 Airbnb ROI: 2.52% Traditional ROI: 3.6%
12095 Dubois Drive Canadian Lakes, MI This peaceful and well-appointed 5-bedroom, 3-bathroom residence is nestled in a quiet, wo...	5 beds \| 3 baths \| 2,600 sq.ft.	$294,900	Airbnb cash on cash: 7.48% Traditional cash on cash: 8.04% Airbnb Rental Income: $3542 Traditional Rental Income: $2919 Airbnb ROI: 7.48% Traditional ROI: 8.04%
10849 First Street Canadian Lakes, MI Location, location, location! This total rebuild at 10849 First St. in Canadian lakes has...	4 beds \| 3 baths \| 2,330 sq.ft.	$939,900	Airbnb cash on cash: -0.08% Traditional cash on cash: 1.5% Airbnb Rental Income: $2012 Traditional Rental Income: $2865 Airbnb ROI: -0.08% Traditional ROI: 1.5%
9348 Center Lane Canadian Lakes, MI You CAN have it all! Live in a beautifully updated, spacious home and enjoy the Canadian ...	4 beds \| 4 baths \| 2,594 sq.ft.	$350,000	Airbnb cash on cash: 2.6% Traditional cash on cash: 8.22% Airbnb Rental Income: $2012 Traditional Rental Income: $3334 Airbnb ROI: 2.6% Traditional ROI: 8.22%
7350 Holiday Drive #593 Canadian Lakes, MI Welcome to the ''Gold Coast'' of Canadian Lakes! This beautifully maintained 3 bedroom an...	3 beds \| 3 baths \| 2,142 sq.ft.	$569,000	Airbnb cash on cash: 0.15% Traditional cash on cash: 3.95% Airbnb Rental Income: $1515 Traditional Rental Income: $3098 Airbnb ROI: 0.15% Traditional ROI: 3.95%
6897 Abbey Lane Canadian Lakes, MI New Build in Canadian Lakes. Custom ranch with zero clearance from garage into your NEW ...	3 beds \| 2 baths \| 1,650 sq.ft.	$399,900	Airbnb cash on cash: 1.34% Traditional cash on cash: 5.2% Airbnb Rental Income: $1515 Traditional Rental Income: $2520 Airbnb ROI: 1.34% Traditional ROI: 5.2%
7515 Ryans Run Canadian Lakes, MI Charming 3-Bedroom, 2-Bath Ranch with Stunning Golf Course Views in Canadian Lakes. Don't ...	3 beds \| 2 baths \| 1,380 sq.ft.	$304,900	Airbnb cash on cash: 1.27% Traditional cash on cash: 4.56% Airbnb Rental Income: $1515 Traditional Rental Income: $2017 Airbnb ROI: 1.27% Traditional ROI: 4.56%
8885 Edgewater Drive Canadian Lakes, MI This spacious 3-bedroom, 2-bath ranch offers over 2,000 square feet of comfortable living ...	3 beds \| 2 baths \| 2,012 sq.ft.	$299,900	Airbnb cash on cash: 1.5% Traditional cash on cash: 6.39% Airbnb Rental Income: $1515 Traditional Rental Income: $2456 Airbnb ROI: 1.5% Traditional ROI: 6.39%
9510 Pere Marquette Drive Canadian Lakes, MI Beautiful Golf Course Home on the Highlands, play free golf with the Canadian Lakes amenit...	3 beds \| 3 baths \| 2,698 sq.ft.	$375,000	Airbnb cash on cash: 0.53% Traditional cash on cash: 5.76% Airbnb Rental Income: $1515 Traditional Rental Income: $2912 Airbnb ROI: 0.53% Traditional ROI: 5.76%
10584 Trapper Lane Canadian Lakes, MI Trapper Woods Condo at Canadian Lakes. High demand property nestled next to the Pines gol...	2 beds \| 2 baths \| 1,570 sq.ft.	$219,900	Airbnb cash on cash: -0.55% Traditional cash on cash: 6.2% Airbnb Rental Income: $1094 Traditional Rental Income: $2129 Airbnb ROI: -0.55% Traditional ROI: 6.2%
7900 Sunset Shores Dr Canadian Lakes, MI Welcome to Canadian Lakes living! This attractive ranch home in the coveted Sunset Shores ...	3 beds \| 2 baths \| 1,568 sq.ft.	$153,900	Airbnb cash on cash: 0.23% Traditional cash on cash: 8.13% Airbnb Rental Income: $1515 Traditional Rental Income: $2236 Airbnb ROI: 0.23% Traditional ROI: 8.13%
7878 Schooner Lane Canadian Lakes, MI Ranch style home in the Sunset Shores subdivision, Canadian Lakes community. Spacious 3 b...	3 beds \| 2 baths \| 1,620 sq.ft.	$165,000	Airbnb cash on cash: 4.63% Traditional cash on cash: 11.58% Airbnb Rental Income: $1515 Traditional Rental Income: $2167 Airbnb ROI: 4.63% Traditional ROI: 11.58%
7826 Sunset Shores Drive #43 Canadian Lakes, MI Enjoy easy, one-level living in this charming 3-bedroom, 2-bath ranch located in the desir...	3 beds \| 2 baths \| 1,655 sq.ft.	$170,000	Airbnb cash on cash: 4.29% Traditional cash on cash: 11.06% Airbnb Rental Income: $1515 Traditional Rental Income: $2170 Airbnb ROI: 4.29% Traditional ROI: 11.06%
9650 Killdeer Court Canadian Lakes, MI Beautiful ranch style home on the Little Muskegon River in Canadian Lakes, MI. This home c...	4 beds \| 3 baths \| 2,800 sq.ft.	$429,900	Airbnb cash on cash: 1.76% Traditional cash on cash: 6.73% Airbnb Rental Income: $2012 Traditional Rental Income: $3490 Airbnb ROI: 1.76% Traditional ROI: 6.73%
10086 Hawthorne Lane Canadian Lakes, MI First time on the market! This well cared for Ranch home features 3 spacious bedrooms and ...	3 beds \| 2 baths \| 1,792 sq.ft.	$359,000	Airbnb cash on cash: 1.09% Traditional cash on cash: 4.88% Airbnb Rental Income: $1515 Traditional Rental Income: $2352 Airbnb ROI: 1.09% Traditional ROI: 4.88%
7914 W. Royal Road Canadian Lakes, MI MILLION DOLLAR VIEW with a GOLD COAST SHORELINE! Located on the Main Canadian Lake--this ...	2 beds \| 1 baths \| 1,262 sq.ft.	$459,500	Airbnb cash on cash: -0.6% Traditional cash on cash: 2.07% Airbnb Rental Income: $1094 Traditional Rental Income: $1870 Airbnb ROI: -0.6% Traditional ROI: 2.07%
9435 Golf Port Drive Canadian Lakes, MI Welcome to this charming ranch-style home overlooking the 4th hole of the Highlands Golf C...	3 beds \| 2 baths \| 2,800 sq.ft.	$340,000	Airbnb cash on cash: 0.84% Traditional cash on cash: 5.39% Airbnb Rental Income: $1515 Traditional Rental Income: $2526 Airbnb ROI: 0.84% Traditional ROI: 5.39%
8274 Peninsula Drive Canadian Lakes, MI East Canadian Lakes waterfront home. One of a kind properties and settings. 3 bedroom s...	3 beds \| 3 baths \| 2,348 sq.ft.	$629,900	Airbnb cash on cash: -0.22% Traditional cash on cash: 3.44% Airbnb Rental Income: $1515 Traditional Rental Income: $3223 Airbnb ROI: -0.22% Traditional ROI: 3.44%
9681 Club House Drive W Canadian Lakes, MI This beautifully maintained ranch home offers 100 feet of private frontage along the sceni...	4 beds \| 3 baths \| 2,360 sq.ft.	$459,900	Airbnb cash on cash: 1.69% Traditional cash on cash: 5.84% Airbnb Rental Income: $2012 Traditional Rental Income: $3275 Airbnb ROI: 1.69% Traditional ROI: 5.84%
11096 Rambling Way Canadian Lakes, MI Canadian Lakes spacious ranch home with 3 garages, 3 season room and relaxing patio area. ...	3 beds \| 3 baths \| 3,200 sq.ft.	$399,900	Airbnb cash on cash: 0.91% Traditional cash on cash: 5.49% Airbnb Rental Income: $1515 Traditional Rental Income: $2789 Airbnb ROI: 0.91% Traditional ROI: 5.49%
8711 N Island Drive Canadian Lakes, MI The lakefront cabin 'Up North' that so many dream about is now available! Nestled high on ...	3 beds \| 3 baths \| 2,029 sq.ft.	$549,500	Airbnb cash on cash: -0.06% Traditional cash on cash: 3.98% Airbnb Rental Income: $1515 Traditional Rental Income: $3148 Airbnb ROI: -0.06% Traditional ROI: 3.98%
9171 St Ives Drive #183 Canadian Lakes, MI CUTE and COZY ranch home in the Heart of the Lakes. Immaculate in and out with major updat...	2 beds \| 1 baths \| 960 sq.ft.	$259,900	Airbnb cash on cash: 0.38% Traditional cash on cash: 3.35% Airbnb Rental Income: $1094 Traditional Rental Income: $1451 Airbnb ROI: 0.38% Traditional ROI: 3.35%
9524 Calgary Drive S Canadian Lakes, MI Ranch home located in Canadian Lakes. Home features 2 bedrooms, 1 bath, kitchen, living r...	2 beds \| 1 baths \| 1,089 sq.ft.	$154,900	Airbnb cash on cash: 1.2% Traditional cash on cash: 6.62% Airbnb Rental Income: $1094 Traditional Rental Income: $1525 Airbnb ROI: 1.2% Traditional ROI: 6.62%
8463 Highland Trail Canadian Lakes, MI Welcome to this well-maintained, move-in ready home located in the highly sought-after Can...	4 beds \| 3 baths \| 2,828 sq.ft.	$409,900	Airbnb cash on cash: 2.41% Traditional cash on cash: 6.9% Airbnb Rental Income: $2012 Traditional Rental Income: $3213 Airbnb ROI: 2.41% Traditional ROI: 6.9%

Real Estate investment in Canadian-lakes, MI

There are 28 properties for sale in the city of Canadian Lakes . The median list price in Canadian Lakes is $350,000 and the average price per square foot is $168. In September 2025, the average monthly cash on cash return in Canadian Lakes is 6.00%. The average monthly rental income in Canadian Lakes is $2,532.

Canadian-lakes, MI Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 28 investment properties available for sale in Canadian-lakes.

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

The ROI for Long-Term is higher than the Short-Term in Canadian-lakes with average rental income of $2,532.

Your search for investment property begins and ends here

Investment Property for Sale in Canadian Lakes, MI

7663 Bay Meadow

Canadian Lakes, MI

3 beds | 3 baths | 2,306 sq.ft.

$765,000

Airbnb cash on cash: -0.87%

Traditional cash on cash: 1.94%

Airbnb Rental Income: $1515

Traditional Rental Income: $3078

Airbnb ROI: -0.87%

Traditional ROI: 1.94%

12480 Lone Wolf Trail

Canadian Lakes, MI

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

$229,900

Airbnb cash on cash: 2.21%

Traditional cash on cash: 8.28%

Airbnb Rental Income: $1515

Traditional Rental Income: $2394

Airbnb ROI: 2.21%

Traditional ROI: 8.28%

8800 Longview Drive

Canadian Lakes, MI

3 beds | 2 baths | 1,624 sq.ft.

$204,900

Airbnb cash on cash: 2.83%

Traditional cash on cash: 10.34%

Airbnb Rental Income: $1515

Traditional Rental Income: $2532

Airbnb ROI: 2.83%

Traditional ROI: 10.34%

6797 Beechnut Court

Canadian Lakes, MI

3 beds | 3 baths | 2,389 sq.ft.

$329,000

Airbnb cash on cash: 0.62%

Traditional cash on cash: 5.96%

Airbnb Rental Income: $1515

Traditional Rental Income: $2724

Airbnb ROI: 0.62%

Traditional ROI: 5.96%

11867 Port Stewart Drive

Canadian Lakes, MI

5 beds | 4 baths | 3,373 sq.ft.

$669,000

Airbnb cash on cash: 2.52%

Traditional cash on cash: 3.6%

Airbnb Rental Income: $3542

Traditional Rental Income: $3437

Airbnb ROI: 2.52%

Traditional ROI: 3.6%

12095 Dubois Drive

Canadian Lakes, MI

5 beds | 3 baths | 2,600 sq.ft.

$294,900

Airbnb cash on cash: 7.48%

Traditional cash on cash: 8.04%

Airbnb Rental Income: $3542

Traditional Rental Income: $2919

Airbnb ROI: 7.48%

Traditional ROI: 8.04%

10849 First Street

Canadian Lakes, MI

4 beds | 3 baths | 2,330 sq.ft.

$939,900

Airbnb cash on cash: -0.08%

Traditional cash on cash: 1.5%

Airbnb Rental Income: $2012

Traditional Rental Income: $2865

Airbnb ROI: -0.08%

Traditional ROI: 1.5%

9348 Center Lane

Canadian Lakes, MI

4 beds | 4 baths | 2,594 sq.ft.

$350,000

Airbnb cash on cash: 2.6%

Traditional cash on cash: 8.22%

Airbnb Rental Income: $2012

Traditional Rental Income: $3334

Airbnb ROI: 2.6%