Real Estate Investment Properties for Sale in Cedar, MI

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

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

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
7360 S Upper Orchard Road Cedar, MI If you've been in search for the perfect home in Leelanau County with room to roam, that o...	4 beds \| 3 baths \| 3,272 sq.ft.	$1,200,000	Airbnb cash on cash: -0.91% Traditional cash on cash: 0.39% Airbnb Rental Income: $2506 Traditional Rental Income: $3351 Airbnb ROI: -0.91% Traditional ROI: 0.39%
348 E SUGAR BAY LANE Cedar, MI A unique and rare opportunity to own a home of this quality on a setting that is peaceful ...	4 beds \| 3 baths \| 3,050 sq.ft.	$2,400,000	Airbnb cash on cash: -1.72% Traditional cash on cash: -1.04% Airbnb Rental Income: $2506 Traditional Rental Income: $3410 Airbnb ROI: -1.72% Traditional ROI: -1.04%
3383, 3101 + E Hohnke Road Cedar, MI Create, or expand your own Leelanau Legacy, right here upon this quintessential Leelanau F...	3 beds \| 3 baths \| 2,036 sq.ft.	$1,700,000	Airbnb cash on cash: -1.23% Traditional cash on cash: -0.8% Airbnb Rental Income: $2815 Traditional Rental Income: $2826 Airbnb ROI: -1.23% Traditional ROI: -0.8%
4340 S SUGAR LOAF MOUNTAIN ROAD Cedar, MI Welcome to a completely updated and enchanting 4-bedroom, 4-bath cottage-style home nestle...	4 beds \| 4 baths \| 2,594 sq.ft.	$815,000	Airbnb cash on cash: -0.15% Traditional cash on cash: 0.94% Airbnb Rental Income: $2506 Traditional Rental Income: $2725 Airbnb ROI: -0.15% Traditional ROI: 0.94%
15 S Club Drive #15 Cedar, MI Golf course and wooded homesites are available at The Ridges at Sugarloaf for new builds w...	3 beds \| 2 baths \| 1,549 sq.ft.	$799,000	Airbnb cash on cash: 0.09% Traditional cash on cash: 0.1% Airbnb Rental Income: $2815 Traditional Rental Income: $2163 Airbnb ROI: 0.09% Traditional ROI: 0.1%
6 S Club Drive #6 Cedar, MI Golf course and wooded homesites are available at The Ridges at Sugarloaf for new builds w...	3 beds \| 2 baths \| 1,697 sq.ft.	$899,000	Airbnb cash on cash: -0.2% Traditional cash on cash: -0.1% Airbnb Rental Income: $2815 Traditional Rental Income: $2239 Airbnb ROI: -0.2% Traditional ROI: -0.1%
1776 E BELLINGER ROAD Cedar, MI If you love Leelanau and have been searching for more than just a small slice of it, then ...	3 beds \| 3 baths \| 2,980 sq.ft.	$929,000	Airbnb cash on cash: -0.14% Traditional cash on cash: 0.58% Airbnb Rental Income: $2815 Traditional Rental Income: $2782 Airbnb ROI: -0.14% Traditional ROI: 0.58%
2455 E Meander Lane Cedar, MI Private Leelanau County Retreat with distant views of Lake Michigan. Tucked at the end of ...	3 beds \| 2 baths \| 3,152 sq.ft.	$990,000	Airbnb cash on cash: 0.77% Traditional cash on cash: 1.59% Airbnb Rental Income: $2815 Traditional Rental Income: $2918 Airbnb ROI: 0.77% Traditional ROI: 1.59%
6238 E Gallivan Road Cedar, MI Like new, one owner custom well-crafted home features an abundance of style and character ...	4 beds \| 3 baths \| 3,500 sq.ft.	$1,145,800	Airbnb cash on cash: 0.21% Traditional cash on cash: 2.2% Airbnb Rental Income: $2506 Traditional Rental Income: $4024 Airbnb ROI: 0.21% Traditional ROI: 2.2%
4144 S Sugar Loaf Mountain Road Cedar, MI Modern New Construction in the Heart of Leelanau County. Nestled in the scenic hills of Ce...	3 beds \| 2 baths \| 1,965 sq.ft.	$749,000	Airbnb cash on cash: 1.89% Traditional cash on cash: 2.81% Airbnb Rental Income: $2815 Traditional Rental Income: $2793 Airbnb ROI: 1.89% Traditional ROI: 2.81%
8401 S Sullivan Road Cedar, MI Wildlife. Wonder. Waiting. Here at Cedar Creek Ranch it's next legacy is ready to be writt...	4 beds \| 4 baths \| 6,200 sq.ft.	$3,595,000	Airbnb cash on cash: -0.65% Traditional cash on cash: 0.11% Airbnb Rental Income: $2506 Traditional Rental Income: $4422 Airbnb ROI: -0.65% Traditional ROI: 0.11%
3362 S French Road Cedar, MI Tucked between rolling pastures and orchard breezes lies a place where creativity meets co...	2 beds \| 1 baths \| 1,469 sq.ft.	$1,050,000	Airbnb cash on cash: 0.43% Traditional cash on cash: 0.19% Airbnb Rental Income: $2323 Traditional Rental Income: $1511 Airbnb ROI: 0.43% Traditional ROI: 0.19%
8123 S Rustic Drive Cedar, MI Discover the perfect Up North retreat on the pristine shores of Lake Leelanau. This beauti...	3 beds \| 2 baths \| 1,869 sq.ft.	$779,000	Airbnb cash on cash: 1.59% Traditional cash on cash: 2.34% Airbnb Rental Income: $2815 Traditional Rental Income: $2703 Airbnb ROI: 1.59% Traditional ROI: 2.34%
8941 E Summer Street Cedar, MI Like the idea of "urban living" in a small town atmosphere? Perhaps "Lovely Cedar" is the ...	3 beds \| 2 baths \| 1,200 sq.ft.	$295,000	Airbnb cash on cash: 6.19% Traditional cash on cash: 5.65% Airbnb Rental Income: $2815 Traditional Rental Income: $2007 Airbnb ROI: 6.19% Traditional ROI: 5.65%
9255 E Grace Drive Cedar, MI Beautifully crafted custom home on a serene 1.6 acre setting just minutes from downtown Tr...	4 beds \| 3 baths \| 2,403 sq.ft.	$749,900	Airbnb cash on cash: 1.25% Traditional cash on cash: 2.75% Airbnb Rental Income: $2506 Traditional Rental Income: $2953 Airbnb ROI: 1.25% Traditional ROI: 2.75%
8224 S SCHOMBERG ROAD Cedar, MI Nestled in a peaceful rural setting just outside the charming village of Cedar, this spaci...	4 beds \| 2 baths \| 2,042 sq.ft.	$519,900	Airbnb cash on cash: 2.39% Traditional cash on cash: 3.8% Airbnb Rental Income: $2506 Traditional Rental Income: $2585 Airbnb ROI: 2.39% Traditional ROI: 3.8%
3922 S. Bay Bluffs Cedar, MI OPEN HOUSE Sunday 8/31 12pm - 3pm. Beautiful home located near many lakes with seasonal ...	3 beds \| 4 baths \| 1,813 sq.ft.	$599,900	Airbnb cash on cash: 2.29% Traditional cash on cash: 3.57% Airbnb Rental Income: $2815 Traditional Rental Income: $2873 Airbnb ROI: 2.29% Traditional ROI: 3.57%
11506 S Cedar Road Cedar, MI Welcome to your peaceful Cedar Creek retreat, where privacy, nature, and convenience meet ...	3 beds \| 2 baths \| 2,114 sq.ft.	$574,900	Airbnb cash on cash: 2.38% Traditional cash on cash: 3.58% Airbnb Rental Income: $2815 Traditional Rental Income: $2800 Airbnb ROI: 2.38% Traditional ROI: 3.58%
8080 S Sullivan Road Cedar, MI Between Cedar & Maple City; Great opportunity for hunters & shooters. Check out the terrai...	1 beds \| 1 baths \| 950 sq.ft.	$229,000	Airbnb cash on cash: 1.43% Traditional cash on cash: 3.72% Airbnb Rental Income: $1197 Traditional Rental Income: $1305 Airbnb ROI: 1.43% Traditional ROI: 3.72%

Real Estate investment in Cedar, MI

There are 19 properties for sale in the city of Cedar . The median list price in Cedar is $815,000 and the average price per square foot is $338. In September 2025, the average monthly cash on cash return in Cedar is 2.00%. The average monthly rental income in Cedar is $2,793.

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

There are 19 investment properties available for sale in Cedar.

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

The ROI for Short-Term is higher than the Long-Term in Cedar with average rental income of $2,815.

Your search for investment property begins and ends here

Investment Property for Sale in Cedar, MI

7360 S Upper Orchard Road

Cedar, MI

4 beds | 3 baths | 3,272 sq.ft.

$1,200,000

Airbnb cash on cash: -0.91%

Traditional cash on cash: 0.39%

Airbnb Rental Income: $2506

Traditional Rental Income: $3351

Airbnb ROI: -0.91%

Traditional ROI: 0.39%

348 E SUGAR BAY LANE

Cedar, MI

4 beds | 3 baths | 3,050 sq.ft.

$2,400,000

Airbnb cash on cash: -1.72%

Traditional cash on cash: -1.04%

Airbnb Rental Income: $2506

Traditional Rental Income: $3410

Airbnb ROI: -1.72%

Traditional ROI: -1.04%

3383, 3101 + E Hohnke Road

Cedar, MI

3 beds | 3 baths | 2,036 sq.ft.

$1,700,000

Airbnb cash on cash: -1.23%

Traditional cash on cash: -0.8%

Airbnb Rental Income: $2815

Traditional Rental Income: $2826

Airbnb ROI: -1.23%

Traditional ROI: -0.8%

4340 S SUGAR LOAF MOUNTAIN ROAD

Cedar, MI

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

$815,000

Airbnb cash on cash: -0.15%

Traditional cash on cash: 0.94%

Airbnb Rental Income: $2506

Traditional Rental Income: $2725

Airbnb ROI: -0.15%

Traditional ROI: 0.94%

15 S Club Drive #15

Cedar, MI

3 beds | 2 baths | 1,549 sq.ft.

$799,000

Airbnb cash on cash: 0.09%

Traditional cash on cash: 0.1%

Airbnb Rental Income: $2815

Traditional Rental Income: $2163

Airbnb ROI: 0.09%

Traditional ROI: 0.1%

6 S Club Drive #6

Cedar, MI

3 beds | 2 baths | 1,697 sq.ft.

$899,000

Airbnb cash on cash: -0.2%

Traditional cash on cash: -0.1%

Airbnb Rental Income: $2815

Traditional Rental Income: $2239

Airbnb ROI: -0.2%

Traditional ROI: -0.1%

1776 E BELLINGER ROAD

Cedar, MI

3 beds | 3 baths | 2,980 sq.ft.

$929,000

Airbnb cash on cash: -0.14%

Traditional cash on cash: 0.58%

Airbnb Rental Income: $2815

Traditional Rental Income: $2782

Airbnb ROI: -0.14%

Traditional ROI: 0.58%

2455 E Meander Lane

Cedar, MI

3 beds | 2 baths | 3,152 sq.ft.

$990,000

Airbnb cash on cash: 0.77%

Traditional cash on cash: 1.59%

Airbnb Rental Income: $2815

Traditional Rental Income: $2918

Airbnb ROI: 0.77%