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. Nestled in a very quiet 12 home resort on the Cheboygan River you will find th...	1 beds \| 1 baths \| 352 sq.ft.	$310,000	Airbnb cash on cash: 4.2% Traditional cash on cash: 3.03% Airbnb Rental Income: $2241 Traditional Rental Income: $1338 Airbnb ROI: 4.2% Traditional ROI: 3.03%
Other Investment Properties for Sale in Cheboygan
14281 Larchway Court Cheboygan , MI Short walk to Lake Huron- swimming, canoeing, kayaking. 4 parks offering beach access and ...	3 beds \| 1 baths \| 1,008 sq.ft.	$239,500	Airbnb cash on cash: 3.77% Traditional cash on cash: 6.89% Airbnb Rental Income: $1724 Traditional Rental Income: $1954 Airbnb ROI: 3.77% Traditional ROI: 6.89%
1999 Bear Paw Lane Cheboygan , MI Perfect Up North Getaway or Investment Opportunity! Currently operating as a successful sh...	2 beds \| 1 baths \| 960 sq.ft.	$249,900	Airbnb cash on cash: 3.48% Traditional cash on cash: 2% Airbnb Rental Income: $2038 Traditional Rental Income: $1159 Airbnb ROI: 3.48% Traditional ROI: 2%
178 Riverside Drive Cheboygan , MI Enjoy stress-free time on the Cheboygan River in this turn-key fully remodeled 5-bedroom, ...	5 beds \| 4 baths \| 3,360 sq.ft.	$599,900	Airbnb cash on cash: 0.78% Traditional cash on cash: 5.18% Airbnb Rental Income: $2560 Traditional Rental Income: $4411 Airbnb ROI: 0.78% Traditional ROI: 5.18%
1357 Sharon Lane Cheboygan , MI CHEBOYGAN RIVER ACCESS This charming 3-bedroom home offers a peaceful setting in a quiet s...	3 beds \| 1 baths \| 1,410 sq.ft.	$199,900	Airbnb cash on cash: 3.57% Traditional cash on cash: 7.82% Airbnb Rental Income: $1724 Traditional Rental Income: $2054 Airbnb ROI: 3.57% Traditional ROI: 7.82%
16294 MORNINGSIDE LANE Cheboygan , MI Escape to this charming 2-bedroom, 2-bath ranch home offering breathtaking views and deede...	2 beds \| 2 baths \| 1,481 sq.ft.	$379,000	Airbnb cash on cash: 2.57% Traditional cash on cash: 4.49% Airbnb Rental Income: $2038 Traditional Rental Income: $2191 Airbnb ROI: 2.57% Traditional ROI: 4.49%
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: -0.28% Traditional cash on cash: 3.68% Airbnb Rental Income: $1724 Traditional Rental Income: $3283 Airbnb ROI: -0.28% 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: -0.82% Traditional cash on cash: 2.06% Airbnb Rental Income: $2031 Traditional Rental Income: $3880 Airbnb ROI: -0.82% Traditional ROI: 2.06%
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.	$275,000	Airbnb cash on cash: 2.82% Traditional cash on cash: 7.52% Airbnb Rental Income: $1724 Traditional Rental Income: $2466 Airbnb ROI: 2.82% Traditional ROI: 7.52%
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: 5.38% Traditional cash on cash: 11.84% Airbnb Rental Income: $2031 Traditional Rental Income: $2725 Airbnb ROI: 5.38% Traditional ROI: 11.84%
5560 Chestnut Drive Cheboygan , MI Welcome to 5560 Chestnut Drive, where the serenity of lakefront living meets thoughtful cr...	4 beds \| N/A baths \| 2,230 sq.ft.	$794,000	Airbnb cash on cash: 0.33% Traditional cash on cash: 3.48% Airbnb Rental Income: $2031 Traditional Rental Income: $3837 Airbnb ROI: 0.33% Traditional ROI: 3.48%
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: 4.34% Traditional cash on cash: 9.67% Airbnb Rental Income: $1724 Traditional Rental Income: $2146 Airbnb ROI: 4.34% 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 \| 3 baths \| 2,472 sq.ft.	$650,000	Airbnb cash on cash: -0.2% Traditional cash on cash: 1.06% Airbnb Rental Income: $2031 Traditional Rental Income: $2270 Airbnb ROI: -0.2% 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: 7.47% Traditional cash on cash: 6.1% Airbnb Rental Income: $1724 Traditional Rental Income: $1089 Airbnb ROI: 7.47% Traditional ROI: 6.1%
10370 Alpena State Rd Cheboygan , MI See RealtyBid for more information.	2 beds \| 1 baths \| 1,037 sq.ft.	$143,990	Airbnb cash on cash: 7.76% Traditional cash on cash: 7.28% Airbnb Rental Income: $2038 Traditional Rental Income: $1444 Airbnb ROI: 7.76% Traditional ROI: 7.28%

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.

$310,000

Airbnb cash on cash: 4.2%

Traditional cash on cash: 3.03%

Airbnb Rental Income: $2241

Traditional Rental Income: $1338

Airbnb ROI: 4.2%

Traditional ROI: 3.03%

Other Investment Properties for Sale in Cheboygan

Cheboygan , MI

3 beds | 1 baths | 1,008 sq.ft.

$239,500

Airbnb cash on cash: 3.77%

Traditional cash on cash: 6.89%

Airbnb Rental Income: $1724

Traditional Rental Income: $1954

Airbnb ROI: 3.77%

Traditional ROI: 6.89%

Cheboygan , MI

2 beds | 1 baths | 960 sq.ft.

$249,900

Airbnb cash on cash: 3.48%

Traditional cash on cash: 2%

Airbnb Rental Income: $2038

Traditional Rental Income: $1159

Airbnb ROI: 3.48%

Traditional ROI: 2%

Cheboygan , MI

5 beds | 4 baths | 3,360 sq.ft.

$599,900

Airbnb cash on cash: 0.78%

Traditional cash on cash: 5.18%

Airbnb Rental Income: $2560

Traditional Rental Income: $4411

Airbnb ROI: 0.78%

Traditional ROI: 5.18%

Cheboygan , MI

3 beds | 1 baths | 1,410 sq.ft.

$199,900

Airbnb cash on cash: 3.57%

Traditional cash on cash: 7.82%

Airbnb Rental Income: $1724

Traditional Rental Income: $2054

Airbnb ROI: 3.57%

Traditional ROI: 7.82%

Cheboygan , MI

2 beds | 2 baths | 1,481 sq.ft.

$379,000

Airbnb cash on cash: 2.57%

Traditional cash on cash: 4.49%

Airbnb Rental Income: $2038

Traditional Rental Income: $2191

Airbnb ROI: 2.57%

Traditional ROI: 4.49%

Cheboygan , MI

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

$550,000

Airbnb cash on cash: -0.28%

Traditional cash on cash: 3.68%

Airbnb Rental Income: $1724

Traditional Rental Income: $3283

Airbnb ROI: -0.28%

Traditional ROI: 3.68%

Cheboygan , MI

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

$885,000

Airbnb cash on cash: -0.82%

Traditional cash on cash: 2.06%

Airbnb Rental Income: $2031

Traditional Rental Income: $3880

Airbnb ROI: -0.82%

Traditional ROI: 2.06%

Cheboygan , MI

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

$275,000

Airbnb cash on cash: 2.82%

Traditional cash on cash: 7.52%