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 3 Condo 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
9452 M-33 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: 0.34% Traditional cash on cash: 2.97% Airbnb Rental Income: $897 Traditional Rental Income: $1338 Airbnb ROI: 0.34% Traditional ROI: 2.97%
219 S Main St Cheboygan, MI Downtown Main Street condo living with space to dock up to a 40-foot boat on the Cheboygan...	2 beds \| 2 baths \| 2,118 sq.ft.	$470,000	Airbnb cash on cash: -1.56% Traditional cash on cash: 3.76% Airbnb Rental Income: $850 Traditional Rental Income: $2859 Airbnb ROI: -1.56% Traditional ROI: 3.76%
Other Investment Properties for Sale in Cheboygan
178 Riverside Dr 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.	$525,000	Airbnb cash on cash: 0.79% Traditional cash on cash: 6.27% Airbnb Rental Income: $2293 Traditional Rental Income: $4411 Airbnb ROI: 0.79% Traditional ROI: 6.27%
16294 Morningside Ln 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: -0.21% Traditional cash on cash: 4.49% Airbnb Rental Income: $850 Traditional Rental Income: $2191 Airbnb ROI: -0.21% Traditional ROI: 4.49%
4460 W Us-23 Hwy Cheboygan , MI This beautifully crafted log home offers 120 feet of frontage on Lake Huron with breathtak...	4 beds \| 3 baths \| 4,974 sq.ft.	$885,000	Airbnb cash on cash: -1.28% Traditional cash on cash: 2.06% Airbnb Rental Income: $1577 Traditional Rental Income: $3880 Airbnb ROI: -1.28% Traditional ROI: 2.06%
502 S Huron St Cheboygan , MI Gorgeous, impeccably maintained Craftsman-style home within Cheboygan city limits! This be...	3 beds \| 2 baths \| 2,712 sq.ft.	$325,000	Airbnb cash on cash: 0.77% Traditional cash on cash: 5.09% Airbnb Rental Income: $1545 Traditional Rental Income: $2418 Airbnb ROI: 0.77% Traditional ROI: 5.09%
216 Riverside Dr Cheboygan , MI Prime Inland Waterway location with 100 feet of frontage on the Cheboygan River, just minu...	3 beds \| 2 baths \| 1,938 sq.ft.	$475,000	Airbnb cash on cash: -0.27% Traditional cash on cash: 3.72% Airbnb Rental Income: $1545 Traditional Rental Income: $2870 Airbnb ROI: -0.27% Traditional ROI: 3.72%
10280 Us-23 Cheboygan , MI Beautifully Remodeled 3-Bedroom Home Near Lake Huron! Fully remodeled 3-bed, 2-bath home o...	3 beds \| 2 baths \| 1,823 sq.ft.	$294,000	Airbnb cash on cash: 1.11% Traditional cash on cash: 3.93% Airbnb Rental Income: $1545 Traditional Rental Income: $1879 Airbnb ROI: 1.11% Traditional ROI: 3.93%
509 W First St 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: 3.38% Traditional cash on cash: 11.84% Airbnb Rental Income: $1577 Traditional Rental Income: $2725 Airbnb ROI: 3.38% Traditional ROI: 11.84%
10951 Butler Rd Cheboygan , MI This is a well maintained 3 bedroom/2 bath home on 1.58 acres and a paved road only minute...	3 beds \| 2 baths \| 3,766 sq.ft.	$344,900	Airbnb cash on cash: 0.58% Traditional cash on cash: 4.15% Airbnb Rental Income: $1545 Traditional Rental Income: $2254 Airbnb ROI: 0.58% Traditional ROI: 4.15%
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: 3.45% Traditional cash on cash: 9.67% Airbnb Rental Income: $1545 Traditional Rental Income: $2146 Airbnb ROI: 3.45% Traditional ROI: 9.67%
14200 Scenic Ct Cheboygan , MI Deeded Access to Lake Huron- 3 Bed, 2 Bath Home with wooded lots & Beach Access. Enjoy qui...	3 beds \| 2 baths \| 1,800 sq.ft.	$279,989	Airbnb cash on cash: 2.11% Traditional cash on cash: 8.81% Airbnb Rental Income: $1545 Traditional Rental Income: $2866 Airbnb ROI: 2.11% Traditional ROI: 8.81%
172 E Lincoln Ave 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: 3.29% Traditional cash on cash: 8.4% Airbnb Rental Income: $1577 Traditional Rental Income: $2034 Airbnb ROI: 3.29% Traditional ROI: 8.4%
6626 Varonica Ln 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: 1.2% Traditional cash on cash: 6.22% Airbnb Rental Income: $1545 Traditional Rental Income: $2819 Airbnb ROI: 1.2% Traditional ROI: 6.22%

Your search for investment property begins and ends here

Condos for Sale in Cheboygan, MI

9452 M-33

Cheboygan, MI

1 beds | 1 baths | 352 sq.ft.

$315,000

Airbnb cash on cash: 0.34%

Traditional cash on cash: 2.97%

Airbnb Rental Income: $897

Traditional Rental Income: $1338

Airbnb ROI: 0.34%

Traditional ROI: 2.97%

219 S Main St

Cheboygan, MI

2 beds | 2 baths | 2,118 sq.ft.

$470,000

Airbnb cash on cash: -1.56%

Traditional cash on cash: 3.76%

Airbnb Rental Income: $850

Traditional Rental Income: $2859

Airbnb ROI: -1.56%

Traditional ROI: 3.76%

Other Investment Properties for Sale in Cheboygan

Cheboygan , MI

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

$525,000

Airbnb cash on cash: 0.79%

Traditional cash on cash: 6.27%

Airbnb Rental Income: $2293

Traditional Rental Income: $4411

Airbnb ROI: 0.79%

Traditional ROI: 6.27%

Cheboygan , MI

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

$379,000

Airbnb cash on cash: -0.21%

Traditional cash on cash: 4.49%

Airbnb Rental Income: $850

Traditional Rental Income: $2191

Airbnb ROI: -0.21%

Traditional ROI: 4.49%

Cheboygan , MI

4 beds | 3 baths | 4,974 sq.ft.

$885,000

Airbnb cash on cash: -1.28%

Traditional cash on cash: 2.06%

Airbnb Rental Income: $1577

Traditional Rental Income: $3880

Airbnb ROI: -1.28%

Traditional ROI: 2.06%

Cheboygan , MI

3 beds | 2 baths | 2,712 sq.ft.

$325,000

Airbnb cash on cash: 0.77%

Traditional cash on cash: 5.09%

Airbnb Rental Income: $1545

Traditional Rental Income: $2418

Airbnb ROI: 0.77%

Traditional ROI: 5.09%

Cheboygan , MI

3 beds | 2 baths | 1,938 sq.ft.

$475,000

Airbnb cash on cash: -0.27%

Traditional cash on cash: 3.72%

Airbnb Rental Income: $1545

Traditional Rental Income: $2870

Airbnb ROI: -0.27%

Traditional ROI: 3.72%

Cheboygan , MI

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

$294,000

Airbnb cash on cash: 1.11%

Traditional cash on cash: 3.93%

Airbnb Rental Income: $1545

Traditional Rental Income: $1879

Airbnb ROI: 1.11%

Traditional ROI: 3.93%

Cheboygan , MI

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

$199,000

Airbnb cash on cash: 3.38%