Real Estate Investment Properties for Sale in Cheboygan, MI

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

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

Condos for Sale in Cheboygan, MI

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

Showing 2 Condo listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
9452 M-33 unit: 2 #2 Cheboygan, MI Waterfront 1 bedroom 1 bath detached condo, 366 sq ft. Nice three seasons room that provid...	1 beds \| 1 baths \| 352 sq.ft.	$315,000	Airbnb cash on cash: 2.86% Traditional cash on cash: 2.97% Airbnb Rental Income: $1795 Traditional Rental Income: $1338 Airbnb ROI: 2.86% Traditional ROI: 2.97%
Other Investment Properties for Sale in Cheboygan
10901 N Black River Road Cheboygan , MI Welcome to your own Northern Michigan paradise! This 41 acre farm has a comfortable 3 bed,...	3 beds \| 3 baths \| 2,733 sq.ft.	$550,000	Airbnb cash on cash: 0.14% Traditional cash on cash: 3.68% Airbnb Rental Income: $1985 Traditional Rental Income: $3283 Airbnb ROI: 0.14% Traditional ROI: 3.68%
4460 W US-23 HIGHWAY Cheboygan , MI This beautifully crafted log home offers 120 feet of frontage on Lake Huron with breathtak...	4 beds \| 4 baths \| 4,974 sq.ft.	$885,000	Airbnb cash on cash: -0.56% Traditional cash on cash: 2.06% Airbnb Rental Income: $2286 Traditional Rental Income: $3880 Airbnb ROI: -0.56% Traditional ROI: 2.06%
502 S Huron Street Cheboygan , MI Gorgeous, impeccably maintained Craftsman-style home within Cheboygan city limits! This be...	3 beds \| 2 baths \| 3,561 sq.ft.	$325,000	Airbnb cash on cash: 1.97% Traditional cash on cash: 5.09% Airbnb Rental Income: $1985 Traditional Rental Income: $2418 Airbnb ROI: 1.97% Traditional ROI: 5.09%
657 Laperell Road Cheboygan , MI Welcome to your peaceful ranch retreat on just under an acre and a half of land! This beau...	3 beds \| 2 baths \| 1,620 sq.ft.	$265,000	Airbnb cash on cash: 3.83% Traditional cash on cash: 7.83% Airbnb Rental Income: $1985 Traditional Rental Income: $2466 Airbnb ROI: 3.83% Traditional ROI: 7.83%
10280 US-23 Cheboygan , MI Beautifully Remodeled 3-Bedroom Home Near Lake Huron! This fully remodeled 3-bedroom, 2-ba...	3 beds \| 2 baths \| 1,823 sq.ft.	$299,000	Airbnb cash on cash: 2.35% Traditional cash on cash: 3.82% Airbnb Rental Income: $1985 Traditional Rental Income: $1879 Airbnb ROI: 2.35% Traditional ROI: 3.82%
726 S HURON STREET Cheboygan , MI Excellent investment opportunity â a fully occupied 6-unit apartment complex ideally loc...	N/A beds \| N/A baths \| 7,500 sq.ft.	$499,000	Airbnb cash on cash: 2.84% Traditional cash on cash: 0.82% Airbnb Rental Income: $3346 Traditional Rental Income: $1654 Airbnb ROI: 2.84% Traditional ROI: 0.82%
509 W FIRST STREET Cheboygan , MI Welcome to 509 W First St! This 4-bedroom, 2-bath home is perfectly located just a short w...	4 beds \| 2 baths \| 2,216 sq.ft.	$199,000	Airbnb cash on cash: 6.5% Traditional cash on cash: 11.84% Airbnb Rental Income: $2286 Traditional Rental Income: $2725 Airbnb ROI: 6.5% Traditional ROI: 11.84%
1803 N M 33 HWY Cheboygan , MI Invest with success and buy through Auction.com. This bank-owned investment property is a ...	3 beds \| 2 baths \| 1,450 sq.ft.	$177,000	Airbnb cash on cash: 5.63% Traditional cash on cash: 9.67% Airbnb Rental Income: $1985 Traditional Rental Income: $2146 Airbnb ROI: 5.63% Traditional ROI: 9.67%
8658 W Black Lane Cheboygan , MI Nestled along the Black River, part of Michigan's renowned Inland Waterway, this beautiful...	4 beds \| 2 baths \| 2,472 sq.ft.	$650,000	Airbnb cash on cash: 0.15% Traditional cash on cash: 1.06% Airbnb Rental Income: $2286 Traditional Rental Income: $2270 Airbnb ROI: 0.15% Traditional ROI: 1.06%
622 W Lincoln Avenue Cheboygan , MI This home is close to everything in town schools, trails, boat launch. Minutes to the attr...	3 beds \| 1 baths \| 2,068 sq.ft.	$120,000	Airbnb cash on cash: 9.35% Traditional cash on cash: 6.1% Airbnb Rental Income: $1985 Traditional Rental Income: $1089 Airbnb ROI: 9.35% Traditional ROI: 6.1%
760 W US 23 Highway Cheboygan , MI This quality-built custom home is a true gem. Featuring hardwood floors, tongue and groove...	3 beds \| 2 baths \| 2,168 sq.ft.	$299,900	Airbnb cash on cash: 3.12% Traditional cash on cash: 6.07% Airbnb Rental Income: $1985 Traditional Rental Income: $2297 Airbnb ROI: 3.12% Traditional ROI: 6.07%
172 E Lincoln Avenue Cheboygan , MI 4 BEDROOM WELL MAINTAINED HOME located on a double lot with a garden area. This spacious p...	4 beds \| 1 baths \| 1,225 sq.ft.	$187,000	Airbnb cash on cash: 6.62% Traditional cash on cash: 8.4% Airbnb Rental Income: $2286 Traditional Rental Income: $2034 Airbnb ROI: 6.62% Traditional ROI: 8.4%
3313 Bennett Road Cheboygan , MI Tucked away in a peaceful neighborhood between Burt and Mullett Lake, this charming three-...	3 beds \| 2 baths \| 1,056 sq.ft.	$269,000	Airbnb cash on cash: 3.76% Traditional cash on cash: 6.13% Airbnb Rental Income: $1985 Traditional Rental Income: $2067 Airbnb ROI: 3.76% Traditional ROI: 6.13%
6626 Varonica Lane Cheboygan , MI A rare Northern Michigan offering with endless potential. This unique property boasts 714 ...	3 beds \| 2 baths \| 1,749 sq.ft.	$365,000	Airbnb cash on cash: 2.27% Traditional cash on cash: 6.22% Airbnb Rental Income: $1985 Traditional Rental Income: $2819 Airbnb ROI: 2.27% Traditional ROI: 6.22%

Your search for investment property begins and ends here

Condos for Sale in Cheboygan, MI

9452 M-33 unit: 2 #2

Cheboygan, MI

1 beds | 1 baths | 352 sq.ft.

$315,000

Airbnb cash on cash: 2.86%

Traditional cash on cash: 2.97%

Airbnb Rental Income: $1795

Traditional Rental Income: $1338

Airbnb ROI: 2.86%

Traditional ROI: 2.97%

Other Investment Properties for Sale in Cheboygan

Cheboygan , MI

3 beds | 3 baths | 2,733 sq.ft.

$550,000

Airbnb cash on cash: 0.14%

Traditional cash on cash: 3.68%

Airbnb Rental Income: $1985

Traditional Rental Income: $3283

Airbnb ROI: 0.14%

Traditional ROI: 3.68%

Cheboygan , MI

4 beds | 4 baths | 4,974 sq.ft.

$885,000

Airbnb cash on cash: -0.56%

Traditional cash on cash: 2.06%

Airbnb Rental Income: $2286

Traditional Rental Income: $3880

Airbnb ROI: -0.56%

Traditional ROI: 2.06%

Cheboygan , MI

3 beds | 2 baths | 3,561 sq.ft.

$325,000

Airbnb cash on cash: 1.97%

Traditional cash on cash: 5.09%

Airbnb Rental Income: $1985

Traditional Rental Income: $2418

Airbnb ROI: 1.97%

Traditional ROI: 5.09%

Cheboygan , MI

3 beds | 2 baths | 1,620 sq.ft.

$265,000

Airbnb cash on cash: 3.83%

Traditional cash on cash: 7.83%

Airbnb Rental Income: $1985

Traditional Rental Income: $2466

Airbnb ROI: 3.83%

Traditional ROI: 7.83%

Cheboygan , MI

3 beds | 2 baths | 1,823 sq.ft.

$299,000

Airbnb cash on cash: 2.35%

Traditional cash on cash: 3.82%

Airbnb Rental Income: $1985

Traditional Rental Income: $1879

Airbnb ROI: 2.35%

Traditional ROI: 3.82%

Cheboygan , MI

N/A beds | N/A baths | 7,500 sq.ft.

$499,000

Airbnb cash on cash: 2.84%

Traditional cash on cash: 0.82%

Airbnb Rental Income: $3346

Traditional Rental Income: $1654

Airbnb ROI: 2.84%

Traditional ROI: 0.82%

Cheboygan , MI

4 beds | 2 baths | 2,216 sq.ft.

$199,000

Airbnb cash on cash: 6.5%

Traditional cash on cash: 11.84%

Airbnb Rental Income: $2286

Traditional Rental Income: $2725

Airbnb ROI: 6.5%

Traditional ROI: 11.84%

Cheboygan , MI

3 beds | 2 baths | 1,450 sq.ft.

$177,000

Airbnb cash on cash: 5.63%

Traditional cash on cash: 9.67%