Real Estate Investment Properties for Sale in Central Lake, MI

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

Explore a variety of short-term homes & houses in Central Lake, MI. Invest wisely with VRBO & Central Lake, MI Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Single Family Homes for Sale in Central Lake, MI

Search for Single Family Residential for Sale in Central Lake, Michigan. Browse all of Mashvisor’s Single Family Residential listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 21 Single Family Residential listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
2601 Rushton Road Central Lake, MI Tucked away in the charming Village of Central Lake, this beautifully updated 3-bedroom, 2...	3 beds \| 3 baths \| 2,729 sq.ft.	$575,000	Airbnb cash on cash: -0.69% Traditional cash on cash: 4.51% Airbnb Rental Income: $1031 Traditional Rental Income: $3462 Airbnb ROI: -0.69% Traditional ROI: 4.51%
1944 West Street Central Lake, MI Welcome to Central Lake! This charming custom-built home offers flexibility and comfort wi...	3 beds \| 1 baths \| 1,580 sq.ft.	$169,900	Airbnb cash on cash: 2.3% Traditional cash on cash: 10.14% Airbnb Rental Income: $1031 Traditional Rental Income: $1939 Airbnb ROI: 2.3% Traditional ROI: 10.14%
9865 Paradise Hills Drive Central Lake, MI Start your day enjoying captivating views of the blue waters of Torch Lake and East Bay. E...	3 beds \| 3 baths \| 2,010 sq.ft.	$409,900	Airbnb cash on cash: -0.05% Traditional cash on cash: 5.72% Airbnb Rental Income: $1031 Traditional Rental Income: $2889 Airbnb ROI: -0.05% Traditional ROI: 5.72%
1034 S EAST TORCH LAKE DRIVE Central Lake, MI Welcome to the Gold Coast of Torch Lake! This stunning, newly renovated and updated home s...	4 beds \| 3 baths \| 3,845 sq.ft.	$4,950,000	Airbnb cash on cash: -2.15% Traditional cash on cash: -2.05% Airbnb Rental Income: $2430 Traditional Rental Income: $2309 Airbnb ROI: -2.15% Traditional ROI: -2.05%
10844 Torchlight Lane Central Lake, MI Escape to this charming 2-bedroom log cabin, where rustic character meets modern comfort. ...	2 beds \| 2 baths \| 864 sq.ft.	$649,900	Airbnb cash on cash: 0.24% Traditional cash on cash: 0.12% Airbnb Rental Income: $1404 Traditional Rental Income: $906 Airbnb ROI: 0.24% Traditional ROI: 0.12%
8106 W State Street Central Lake, MI n the Village - Prime Location! Two story - 3 Bedrooms - 1 full & 1 half Bath Home - Main...	3 beds \| 2 baths \| 1,680 sq.ft.	$229,500	Airbnb cash on cash: 0.14% Traditional cash on cash: 6.63% Airbnb Rental Income: $1031 Traditional Rental Income: $2079 Airbnb ROI: 0.14% Traditional ROI: 6.63%
2515 Rushton Road Central Lake, MI Spacious direct Intermediate River waterfront home located in charming Village of Central ...	4 beds \| 3 baths \| 2,880 sq.ft.	$419,500	Airbnb cash on cash: 2.58% Traditional cash on cash: 6.26% Airbnb Rental Income: $2430 Traditional Rental Income: $3282 Airbnb ROI: 2.58% Traditional ROI: 6.26%
7723 Mile Point Drive Central Lake, MI Intermediate Lake Shared frontage......Brand new custom full log home - cottage still in f...	3 beds \| 2 baths \| 2,040 sq.ft.	$337,500	Airbnb cash on cash: 0.71% Traditional cash on cash: 8.16% Airbnb Rental Income: $1031 Traditional Rental Income: $3033 Airbnb ROI: 0.71% Traditional ROI: 8.16%
1198 W Intermediate Lake Drive Central Lake, MI Enjoy 100 feet of true sandy-bottom frontage on one of Northern Michiganâs most sought-a...	4 beds \| 2 baths \| 2,402 sq.ft.	$999,900	Airbnb cash on cash: 0.12% Traditional cash on cash: 1.39% Airbnb Rental Income: $2430 Traditional Rental Income: $3018 Airbnb ROI: 0.12% Traditional ROI: 1.39%
9791 Paradise Hills Drive Central Lake, MI Welcome to Paradise Hills, catch views of Torch Lake and Grand Traverse Bay from this quie...	5 beds \| 3 baths \| 3,400 sq.ft.	$549,500	Airbnb cash on cash: 0.82% Traditional cash on cash: 3.19% Airbnb Rental Income: $2206 Traditional Rental Income: $2866 Airbnb ROI: 0.82% Traditional ROI: 3.19%
7861 Bradford Central Lake, MI Intermediate Lake Gem! Log sided 2 level home located on Estate size 1+ acre parcel locate...	3 beds \| 3 baths \| 2,840 sq.ft.	$849,900	Airbnb cash on cash: -1.03% Traditional cash on cash: 2.53% Airbnb Rental Income: $1031 Traditional Rental Income: $3491 Airbnb ROI: -1.03% Traditional ROI: 2.53%
2076 WEST STREET Central Lake, MI Located in the Village of Central Lake, this 2-bed/1-bath home sits on 2-1/2 lotsâsouth ...	2 beds \| 1 baths \| 1,158 sq.ft.	$159,900	Airbnb cash on cash: 4.22% Traditional cash on cash: 8.49% Airbnb Rental Income: $1404 Traditional Rental Income: $1633 Airbnb ROI: 4.22% Traditional ROI: 8.49%
10840 Torchlight Lane Central Lake, MI Simply stated, you can't go wrong with these twin cabins. Located at 10836 and 10840 Torch...	2 beds \| 2 baths \| 920 sq.ft.	$459,900	Airbnb cash on cash: 0.31% Traditional cash on cash: 2.03% Airbnb Rental Income: $1404 Traditional Rental Income: $1720 Airbnb ROI: 0.31% Traditional ROI: 2.03%
10862 Torchlight Lane Central Lake, MI Panoramic views of magnificent Torch Lake await with this charming 3-bedroom, 1-bath home....	3 beds \| 1 baths \| 902 sq.ft.	$749,900	Airbnb cash on cash: -0.81% Traditional cash on cash: 0.63% Airbnb Rental Income: $1031 Traditional Rental Income: $1679 Airbnb ROI: -0.81% Traditional ROI: 0.63%
9616 Meggison Central Lake, MI Welcome to your new home in beautiful Central Lake! Tucked into a quiet grove of pines on ...	4 beds \| 2 baths \| 2,153 sq.ft.	$349,900	Airbnb cash on cash: 3.93% Traditional cash on cash: 6.85% Airbnb Rental Income: $2430 Traditional Rental Income: $2794 Airbnb ROI: 3.93% Traditional ROI: 6.85%
4399 N East Torch Lake Drive Central Lake, MI Exceptional home with quality features and breath taking sunset views over Torch Lake. Ove...	3 beds \| 4 baths \| 3,812 sq.ft.	$2,350,000	Airbnb cash on cash: -1.17% Traditional cash on cash: 0.38% Airbnb Rental Income: $1031 Traditional Rental Income: $4054 Airbnb ROI: -1.17% Traditional ROI: 0.38%
1944 WEST Central Lake, MI Welcome to Central Lake! This charming custom-built home offers flexibility and comfort wi...	3 beds \| 1 baths \| 1,580 sq.ft.	$169,900	Airbnb cash on cash: 1.05% Traditional cash on cash: 9% Airbnb Rental Income: $1031 Traditional Rental Income: $1957 Airbnb ROI: 1.05% Traditional ROI: 9%
4958 Rushton Road Central Lake, MI Charming Log-Sided Retreat! This lovely one-level home offers the perfect blend of comfort...	2 beds \| 1 baths \| 1,100 sq.ft.	$269,900	Airbnb cash on cash: 0.97% Traditional cash on cash: 4.05% Airbnb Rental Income: $1404 Traditional Rental Income: $1765 Airbnb ROI: 0.97% Traditional ROI: 4.05%
4958 RUSHTON Central Lake, MI Charming Log-Sided Retreat! This lovely one-level home offers the perfect blend of comfort...	2 beds \| 1 baths \| 1,100 sq.ft.	$269,900	Airbnb cash on cash: 1.56% Traditional cash on cash: 4.73% Airbnb Rental Income: $1404 Traditional Rental Income: $1789 Airbnb ROI: 1.56% Traditional ROI: 4.73%
6132 Bunker Hill Road Central Lake, MI Donât miss this rare opportunity to own a piece of Northern Michigan history with this c...	2 beds \| 1 baths \| 1,044 sq.ft.	$149,800	Airbnb cash on cash: 4.25% Traditional cash on cash: 8.49% Airbnb Rental Income: $1404 Traditional Rental Income: $1590 Airbnb ROI: 4.25% Traditional ROI: 8.49%
8840 W Old State Central Lake, MI Welcome to this charming 2-bedroom, 2-bath home on a full basement, perfectly located just...	2 beds \| 2 baths \| 1,184 sq.ft.	$187,500	Airbnb cash on cash: 3.44% Traditional cash on cash: 9.81% Airbnb Rental Income: $1404 Traditional Rental Income: $2115 Airbnb ROI: 3.44% Traditional ROI: 9.81%

Your search for investment property begins and ends here

Single Family Homes for Sale in Central Lake, MI

2601 Rushton Road

Central Lake, MI

3 beds | 3 baths | 2,729 sq.ft.

$575,000

Airbnb cash on cash: -0.69%

Traditional cash on cash: 4.51%

Airbnb Rental Income: $1031

Traditional Rental Income: $3462

Airbnb ROI: -0.69%

Traditional ROI: 4.51%

1944 West Street

Central Lake, MI

3 beds | 1 baths | 1,580 sq.ft.

$169,900

Airbnb cash on cash: 2.3%

Traditional cash on cash: 10.14%

Airbnb Rental Income: $1031

Traditional Rental Income: $1939

Airbnb ROI: 2.3%

Traditional ROI: 10.14%

9865 Paradise Hills Drive

Central Lake, MI

3 beds | 3 baths | 2,010 sq.ft.

$409,900

Airbnb cash on cash: -0.05%

Traditional cash on cash: 5.72%

Airbnb Rental Income: $1031

Traditional Rental Income: $2889

Airbnb ROI: -0.05%

Traditional ROI: 5.72%

1034 S EAST TORCH LAKE DRIVE

Central Lake, MI

4 beds | 3 baths | 3,845 sq.ft.

$4,950,000

Airbnb cash on cash: -2.15%

Traditional cash on cash: -2.05%

Airbnb Rental Income: $2430

Traditional Rental Income: $2309

Airbnb ROI: -2.15%

Traditional ROI: -2.05%

10844 Torchlight Lane

Central Lake, MI

2 beds | 2 baths | 864 sq.ft.

$649,900

Airbnb cash on cash: 0.24%

Traditional cash on cash: 0.12%

Airbnb Rental Income: $1404

Traditional Rental Income: $906

Airbnb ROI: 0.24%

Traditional ROI: 0.12%

8106 W State Street

Central Lake, MI

3 beds | 2 baths | 1,680 sq.ft.

$229,500

Airbnb cash on cash: 0.14%

Traditional cash on cash: 6.63%

Airbnb Rental Income: $1031

Traditional Rental Income: $2079

Airbnb ROI: 0.14%

Traditional ROI: 6.63%

2515 Rushton Road

Central Lake, MI

4 beds | 3 baths | 2,880 sq.ft.

$419,500

Airbnb cash on cash: 2.58%

Traditional cash on cash: 6.26%

Airbnb Rental Income: $2430

Traditional Rental Income: $3282

Airbnb ROI: 2.58%

Traditional ROI: 6.26%

7723 Mile Point Drive

Central Lake, MI

3 beds | 2 baths | 2,040 sq.ft.

$337,500

Airbnb cash on cash: 0.71%

Traditional cash on cash: 8.16%

Airbnb Rental Income: $1031

Traditional Rental Income: $3033

Airbnb ROI: 0.71%