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 \| N/A baths \| 2,306 sq.ft.	$695,000	Airbnb cash on cash: -1.14% Traditional cash on cash: 2.23% Airbnb Rental Income: $1298 Traditional Rental Income: $3078 Airbnb ROI: -1.14% Traditional ROI: 2.23%
9138 White Pine Drive Canadian Lakes, MI Welcome to 9138 White Pine Dr in beautiful Royal South Subdivision of Canadian Lakes. 2038...	3 beds \| 2 baths \| 1,851 sq.ft.	$385,900	Airbnb cash on cash: -0.04% Traditional cash on cash: 2.63% Airbnb Rental Income: $1298 Traditional Rental Income: $1858 Airbnb ROI: -0.04% Traditional ROI: 2.63%
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.	$194,900	Airbnb cash on cash: 2.05% Traditional cash on cash: 10.91% Airbnb Rental Income: $1298 Traditional Rental Income: $2532 Airbnb ROI: 2.05% Traditional ROI: 10.91%
6797 Beechnut Court Canadian Lakes, MI Welcome to the 18th hole of the Royal golf course. Enjoy a secluded, private location on a...	3 beds \| 2 baths \| 2,389 sq.ft.	$329,000	Airbnb cash on cash: 0.04% Traditional cash on cash: 5.96% Airbnb Rental Income: $1298 Traditional Rental Income: $2724 Airbnb ROI: 0.04% Traditional ROI: 5.96%
9721 Willow Road Canadian Lakes, MI This adorable home in the heart of Canadian Lakes is perfectly nestled on a rare one-acre ...	3 beds \| N/A baths \| 1,260 sq.ft.	$269,000	Airbnb cash on cash: 0.61% Traditional cash on cash: 3.78% Airbnb Rental Income: $1298 Traditional Rental Income: $1697 Airbnb ROI: 0.61% Traditional ROI: 3.78%
12095 Dubois Drive Canadian Lakes, MI This peaceful and well-appointed 5-bedroom, 3-bathroom residence is nestled in a quiet, wo...	5 beds \| N/A baths \| 2,600 sq.ft.	$289,900	Airbnb cash on cash: 3.47% Traditional cash on cash: 8.2% Airbnb Rental Income: $2181 Traditional Rental Income: $2919 Airbnb ROI: 3.47% Traditional ROI: 8.2%
9851 Center Lane Canadian Lakes, MI Welcome to 9851 Center Lane! This beautiful chalet style home is situated on a peaceful cu...	3 beds \| 2 baths \| 1,520 sq.ft.	$299,000	Airbnb cash on cash: 0.33% Traditional cash on cash: 4.72% Airbnb Rental Income: $1298 Traditional Rental Income: $2127 Airbnb ROI: 0.33% Traditional ROI: 4.72%
9348 Center Lane Canadian Lakes, MI Experience this beautifully updated 4 bedroom, 4 bath home nestled in the woods of Canadia...	4 beds \| 3 baths \| 2,594 sq.ft.	$345,900	Airbnb cash on cash: 0.95% Traditional cash on cash: 8.32% Airbnb Rental Income: $1355 Traditional Rental Income: $3334 Airbnb ROI: 0.95% Traditional ROI: 8.32%
6897 Abbey Lane Canadian Lakes, MI New Build in Canadian Lakes. Custom ranch with zero clearance from garage into your NEW ho...	3 beds \| 2 baths \| 1,650 sq.ft.	$399,900	Airbnb cash on cash: 0.67% Traditional cash on cash: 5.02% Airbnb Rental Income: $1298 Traditional Rental Income: $2520 Airbnb ROI: 0.67% Traditional ROI: 5.02%
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.	$299,900	Airbnb cash on cash: 0.67% Traditional cash on cash: 4.65% Airbnb Rental Income: $1298 Traditional Rental Income: $2017 Airbnb ROI: 0.67% Traditional ROI: 4.65%
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: 0.86% Traditional cash on cash: 6.39% Airbnb Rental Income: $1298 Traditional Rental Income: $2456 Airbnb ROI: 0.86% Traditional ROI: 6.39%
9510 Pere Marquette Drive Canadian Lakes, MI Great Investment Property for someone wanting to be in the short term rental market. Locat...	3 beds \| 3 baths \| 2,698 sq.ft.	$355,000	Airbnb cash on cash: 0.08% Traditional cash on cash: 6.13% Airbnb Rental Income: $1298 Traditional Rental Income: $2912 Airbnb ROI: 0.08% Traditional ROI: 6.13%
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.	$148,900	Airbnb cash on cash: -1% Traditional cash on cash: 8.43% Airbnb Rental Income: $1298 Traditional Rental Income: $2236 Airbnb ROI: -1% Traditional ROI: 8.43%
7914 W Royal Road Canadian Lakes, MI MILLION DOLLAR VIEW with a GOLD COAST SHORELINE! Located on the Main Canadian Lake--this c...	2 beds \| 1 baths \| 1,262 sq.ft.	$419,500	Airbnb cash on cash: -0.94% Traditional cash on cash: 2.35% Airbnb Rental Income: $916 Traditional Rental Income: $1870 Airbnb ROI: -0.94% Traditional ROI: 2.35%
8128 Highland Trail Canadian Lakes, MI Incredible opportunity at a sought after price point in Canadian Lakes. This very well mai...	3 beds \| 2 baths \| 1,279 sq.ft.	$215,000	Airbnb cash on cash: 2.32% Traditional cash on cash: 7.5% Airbnb Rental Income: $1298 Traditional Rental Income: $1947 Airbnb ROI: 2.32% Traditional ROI: 7.5%
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.	$330,000	Airbnb cash on cash: 0.32% Traditional cash on cash: 5.58% Airbnb Rental Income: $1298 Traditional Rental Income: $2526 Airbnb ROI: 0.32% Traditional ROI: 5.58%
8274 Peninsula Drive Canadian Lakes, MI East Canadian Lakes waterfront home. One of a kind properties and settings. 3 bedroom suit...	3 beds \| 3 baths \| 2,348 sq.ft.	$499,900	Airbnb cash on cash: -0.41% Traditional cash on cash: 4.58% Airbnb Rental Income: $1298 Traditional Rental Income: $3223 Airbnb ROI: -0.41% Traditional ROI: 4.58%
12155 Dubois Drive Canadian Lakes, MI Charming 3-Bedroom, 2-Bath Retreat in Canadian Lakes Nestled among the trees, this beautif...	3 beds \| 2 baths \| 1,300 sq.ft.	$249,900	Airbnb cash on cash: 0.96% Traditional cash on cash: 5.54% Airbnb Rental Income: $1298 Traditional Rental Income: $1974 Airbnb ROI: 0.96% Traditional ROI: 5.54%
7988 Island Court Canadian Lakes, MI Experience lakefront living at its finest in this stunning home with 105' of sandy beach f...	4 beds \| N/A baths \| 3,550 sq.ft.	$969,990	Airbnb cash on cash: -1.18% Traditional cash on cash: 0.66% Airbnb Rental Income: $1355 Traditional Rental Income: $2595 Airbnb ROI: -1.18% Traditional ROI: 0.66%
11167 Birwood Drive Canadian Lakes, MI Cozy 3-bedroom home located in the desirable Canadian Lakes community! This well-maintaine...	3 beds \| 1 baths \| 1,115 sq.ft.	$259,000	Airbnb cash on cash: 1.67% Traditional cash on cash: 5.45% Airbnb Rental Income: $1298 Traditional Rental Income: $1816 Airbnb ROI: 1.67% Traditional ROI: 5.45%
6161 Fox Run Circle unit: 622 #622 Canadian Lakes, MI Gorgeous, partially remodeled bi-level home, located in the family friendly Royal South ar...	4 beds \| 2 baths \| 1,664 sq.ft.	$297,500	Airbnb cash on cash: 0.63% Traditional cash on cash: 6.31% Airbnb Rental Income: $1355 Traditional Rental Income: $2531 Airbnb ROI: 0.63% Traditional ROI: 6.31%
7600 Ryans Run Canadian Lakes, MI Beautiful 3-bedroom, 2-bath ranch in Canadian Lakes! Built in 1998, this 1,875 sq ft home ...	3 beds \| 2 baths \| 1,875 sq.ft.	$359,900	Airbnb cash on cash: 0.36% Traditional cash on cash: 5.98% Airbnb Rental Income: $1298 Traditional Rental Income: $2791 Airbnb ROI: 0.36% Traditional ROI: 5.98%
12090 Cape Breton Drive Canadian Lakes, MI Discover up-north charm with a touch of modern comfort in this ski-chalet-style 3-bed, 2-b...	3 beds \| 2 baths \| 1,460 sq.ft.	$199,000	Airbnb cash on cash: 2.42% Traditional cash on cash: 10.03% Airbnb Rental Income: $1298 Traditional Rental Income: $2331 Airbnb ROI: 2.42% Traditional ROI: 10.03%
9235 Candlestone Drive unit: 13 #13 Canadian Lakes, MI Exceptional St. Ives estate, captures the essence of elegance and craftsmanship, offering ...	5 beds \| N/A baths \| 5,572 sq.ft.	$849,900	Airbnb cash on cash: -0.59% Traditional cash on cash: 0.72% Airbnb Rental Income: $2181 Traditional Rental Income: $2669 Airbnb ROI: -0.59% Traditional ROI: 0.72%
9168 WHITE BIRCH DRIVE Canadian Lakes, MI Beautiful Ranch home in Canadian Lakes community. The home features 3 Bedrooms and 2 bath...	3 beds \| 2 baths \| 1,354 sq.ft.	$247,500	Airbnb cash on cash: 2.22% Traditional cash on cash: 7.43% Airbnb Rental Income: $1298 Traditional Rental Income: $2110 Airbnb ROI: 2.22% Traditional ROI: 7.43%
10833 First Street Canadian Lakes, MI Live Where Every Day Feels Like a Lake Day! Welcome to this vibrant 4-bedroom, 2-bath home...	4 beds \| 2 baths \| 1,940 sq.ft.	$349,900	Airbnb cash on cash: 0.92% Traditional cash on cash: 6.65% Airbnb Rental Income: $1355 Traditional Rental Income: $2823 Airbnb ROI: 0.92% Traditional ROI: 6.65%
6532 Kilkenny Drive Canadian Lakes, MI First time on the market!! - New Build, 2023. Located on charming Kilkenny Dr of Tullymore...	2 beds \| 2 baths \| 1,105 sq.ft.	$389,000	Airbnb cash on cash: -1.37% Traditional cash on cash: -0.23% Airbnb Rental Income: $916 Traditional Rental Income: $990 Airbnb ROI: -1.37% Traditional ROI: -0.23%

Real Estate investment in Canadian-lakes, MI

There are 27 properties for sale in the city of Canadian Lakes . The median list price in Canadian Lakes is $314,450 and the average price per square foot is $158. In December 2025, the average monthly cash on cash return in Canadian Lakes is 6.00%. The average monthly rental income in Canadian Lakes is $2,523.

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

There are 27 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 $2,523.

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 | N/A baths | 2,306 sq.ft.

$695,000

Airbnb cash on cash: -1.14%

Traditional cash on cash: 2.23%

Airbnb Rental Income: $1298

Traditional Rental Income: $3078

Airbnb ROI: -1.14%

Traditional ROI: 2.23%

9138 White Pine Drive

Canadian Lakes, MI

3 beds | 2 baths | 1,851 sq.ft.

$385,900

Airbnb cash on cash: -0.04%

Traditional cash on cash: 2.63%

Airbnb Rental Income: $1298

Traditional Rental Income: $1858

Airbnb ROI: -0.04%

Traditional ROI: 2.63%

8800 Longview Drive

Canadian Lakes, MI

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

$194,900

Airbnb cash on cash: 2.05%

Traditional cash on cash: 10.91%

Airbnb Rental Income: $1298

Traditional Rental Income: $2532

Airbnb ROI: 2.05%

Traditional ROI: 10.91%

6797 Beechnut Court

Canadian Lakes, MI

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

$329,000

Airbnb cash on cash: 0.04%

Traditional cash on cash: 5.96%

Airbnb Rental Income: $1298

Traditional Rental Income: $2724

Airbnb ROI: 0.04%

Traditional ROI: 5.96%

9721 Willow Road

Canadian Lakes, MI

3 beds | N/A baths | 1,260 sq.ft.

$269,000

Airbnb cash on cash: 0.61%

Traditional cash on cash: 3.78%

Airbnb Rental Income: $1298

Traditional Rental Income: $1697

Airbnb ROI: 0.61%

Traditional ROI: 3.78%

12095 Dubois Drive

Canadian Lakes, MI

5 beds | N/A baths | 2,600 sq.ft.

$289,900

Airbnb cash on cash: 3.47%

Traditional cash on cash: 8.2%

Airbnb Rental Income: $2181

Traditional Rental Income: $2919

Airbnb ROI: 3.47%

Traditional ROI: 8.2%

9851 Center Lane

Canadian Lakes, MI

3 beds | 2 baths | 1,520 sq.ft.

$299,000

Airbnb cash on cash: 0.33%

Traditional cash on cash: 4.72%

Airbnb Rental Income: $1298

Traditional Rental Income: $2127

Airbnb ROI: 0.33%

Traditional ROI: 4.72%

9348 Center Lane

Canadian Lakes, MI

4 beds | 3 baths | 2,594 sq.ft.

$345,900

Airbnb cash on cash: 0.95%

Traditional cash on cash: 8.32%

Airbnb Rental Income: $1355

Traditional Rental Income: $3334

Airbnb ROI: 0.95%