Real Estate Investment Properties for Sale in East Lansing, MI

Looking for investment property in East Lansing, MI with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
6397 Ridgepond Place East Lansing, MI Located on a quiet cul-de-sac with pond views in one of East Lansing's most desirable neig...	5 beds \| 5 baths \| 5,341 sq.ft.	$749,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.18% Airbnb Rental Income: $null Traditional Rental Income: $4250 Airbnb ROI: N/A Traditional ROI: 2.18%
2127 Isaac Lane East Lansing, MI Proposed Build Job in East Lansing, Giguere Builders, Wonderful 3 Bedroom, 2 Full Bath Ran...	3 beds \| 2 baths \| 1,475 sq.ft.	$497,800	Airbnb cash on cash: 0.16% Traditional cash on cash: 2.23% Airbnb Rental Income: $1838 Traditional Rental Income: $2310 Airbnb ROI: 0.16% Traditional ROI: 2.23%
16460 Sanctuary Circle East Lansing, MI Welcome to this contemporary 2-story home that has all the bells and whistles! A covered f...	4 beds \| 3 baths \| 2,700 sq.ft.	$585,500	Airbnb cash on cash: N/A Traditional cash on cash: 3.16% Airbnb Rental Income: $null Traditional Rental Income: $3113 Airbnb ROI: N/A Traditional ROI: 3.16%
919 Collingwood Drive East Lansing, MI Looking for charm, warmth, and a great location? This 2-BD, 2 BA Cape Cod in East Lansing ...	2 beds \| 2 baths \| 2,117 sq.ft.	$319,900	Airbnb cash on cash: -0.75% Traditional cash on cash: 4.11% Airbnb Rental Income: $1322 Traditional Rental Income: $2377 Airbnb ROI: -0.75% Traditional ROI: 4.11%
6171 Graebear Trail East Lansing, MI East Lansing - The Cove of White Hills Lakes Welcome to this stunning custom-built freesta...	4 beds \| 3 baths \| 3,626 sq.ft.	$810,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.03% Airbnb Rental Income: $null Traditional Rental Income: $3186 Airbnb ROI: N/A Traditional ROI: 0.03%
6031 Rutherford Avenue East Lansing, MI	3 beds \| 1 baths \| 1,123 sq.ft.	$230,000	Airbnb cash on cash: -0.6% Traditional cash on cash: 1.75% Airbnb Rental Income: $1018 Traditional Rental Income: $1172 Airbnb ROI: -0.6% Traditional ROI: 1.75%
1124 BURCHAM East Lansing, MI Beautiful 3 bedroom, 2 bathÂ Cap Cod style home with a 2 car detached garage, located walk...	3 beds \| 2 baths \| 1,094 sq.ft.	$185,000	Airbnb cash on cash: 2.77% Traditional cash on cash: 5.59% Airbnb Rental Income: $1683 Traditional Rental Income: $1709 Airbnb ROI: 2.77% Traditional ROI: 5.59%
6256 Mereford Court East Lansing, MI Stunning new offering in the highly sought after Whitehills Lakes subdivision nestled on a...	4 beds \| N/A baths \| 3,334 sq.ft.	$879,900	Airbnb cash on cash: N/A Traditional cash on cash: 0.98% Airbnb Rental Income: $null Traditional Rental Income: $3610 Airbnb ROI: N/A Traditional ROI: 0.98%
5910 Printemp Drive East Lansing, MI Welcome to 5910 Printemp Drive-an impeccably maintained, elegant 3 bedroom, 3 and a half h...	3 beds \| N/A baths \| 2,248 sq.ft.	$324,900	Airbnb cash on cash: -0.65% Traditional cash on cash: 7.33% Airbnb Rental Income: $1018 Traditional Rental Income: $3097 Airbnb ROI: -0.65% Traditional ROI: 7.33%
539 Sunset Lane East Lansing, MI Spacious 5-bedroom, 2.5-bath Cape Cod on a corner lot in East Lansing's Oakwood Historic D...	5 beds \| N/A baths \| 1,927 sq.ft.	$379,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.39% Airbnb Rental Income: $null Traditional Rental Income: $2854 Airbnb ROI: N/A Traditional ROI: 5.39%
2158 Coolidge Road East Lansing, MI FANTASTIC RANCH IN WELL REGARDED RAMBLEWOOD SUBDIVISION! MOVE RIGHT IN! 3 BEDROOMS, 1 1/2 ...	3 beds \| N/A baths \| 2,640 sq.ft.	$289,900	Airbnb cash on cash: 0.71% Traditional cash on cash: 6.98% Airbnb Rental Income: $1280 Traditional Rental Income: $2591 Airbnb ROI: 0.71% Traditional ROI: 6.98%
2343 Sapphire Lane East Lansing, MI WHAT A BEAUTY! THIS AMAZING CUSTOM-BUILT FREE-STANDING CONDOMINIUM OFFERS NEARLY 3,000 SQU...	3 beds \| 3 baths \| 2,969 sq.ft.	$549,900	Airbnb cash on cash: -0.1% Traditional cash on cash: 3.56% Airbnb Rental Income: $1776 Traditional Rental Income: $3172 Airbnb ROI: -0.1% Traditional ROI: 3.56%
502 Gainsborough Drive East Lansing, MI This is a well-maintained 4-bedroom bi-level home. The living room is spacious, featuring ...	4 beds \| 2 baths \| 1,920 sq.ft.	$299,995	Airbnb cash on cash: N/A Traditional cash on cash: 6.11% Airbnb Rental Income: $null Traditional Rental Income: $2518 Airbnb ROI: N/A Traditional ROI: 6.11%
609 E Avocet Drive East Lansing, MI Don't miss this opportunity to own one of the largest floorplans in the desirable Hawk Nes...	4 beds \| 3 baths \| 2,424 sq.ft.	$399,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.91% Airbnb Rental Income: $null Traditional Rental Income: $2917 Airbnb ROI: N/A Traditional ROI: 4.91%
710 Gainsborough Drive East Lansing, MI Take a Second Look! This beautifully maintained 5-bedroom, 3-bath home is ideally located...	5 beds \| 3 baths \| 2,209 sq.ft.	$354,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.8% Airbnb Rental Income: $null Traditional Rental Income: $3073 Airbnb ROI: N/A Traditional ROI: 5.8%
214 Kedzie Street East Lansing, MI Located within walking distance to the City of Lansing Downtown area. 3 bedrooms and 1.5 b...	3 beds \| N/A baths \| 1,688 sq.ft.	$329,000	Airbnb cash on cash: -0.69% Traditional cash on cash: 4.58% Airbnb Rental Income: $1018 Traditional Rental Income: $2289 Airbnb ROI: -0.69% Traditional ROI: 4.58%
992 Touraine Avenue East Lansing, MI Welcome to 992 Touraine Avenue! This 4-bedroom, 2.5 bath, two story home is located in the...	4 beds \| 3 baths \| 2,528 sq.ft.	$317,500	Airbnb cash on cash: N/A Traditional cash on cash: 6.55% Airbnb Rental Income: $null Traditional Rental Income: $2934 Airbnb ROI: N/A Traditional ROI: 6.55%
1311 W Saginaw Street East Lansing, MI Great location! Conveniently located to most anything you need, including college. This Ca...	3 beds \| 1 baths \| 1,152 sq.ft.	$249,900	Airbnb cash on cash: 0.41% Traditional cash on cash: 3.64% Airbnb Rental Income: $1354 Traditional Rental Income: $1701 Airbnb ROI: 0.41% Traditional ROI: 3.64%
642 Anhinga Drive East Lansing, MI East Lansing - Hawk Nest Subdivision's newest offering for this approx. 2,094 sq. ft. 3-be...	3 beds \| 3 baths \| 2,116 sq.ft.	$359,900	Airbnb cash on cash: -0.54% Traditional cash on cash: 5.68% Airbnb Rental Income: $1211 Traditional Rental Income: $2923 Airbnb ROI: -0.54% Traditional ROI: 5.68%
5420 Park Lake Road East Lansing, MI This is an awesome 3-bedroom, quad-level home with over a quarter acre lot in East Lansing...	3 beds \| N/A baths \| 2,244 sq.ft.	$279,000	Airbnb cash on cash: 1.6% Traditional cash on cash: 7.28% Airbnb Rental Income: $1776 Traditional Rental Income: $2786 Airbnb ROI: 1.6% Traditional ROI: 7.28%
2545 Koala Drive East Lansing, MI OKEMOS ~ NEWEST OFFERING IN BEAR LAKE SUBDIVISION WITH 3 BEDROOMS, 3.5 BATHS. 2192 ABOVE G...	3 beds \| N/A baths \| 2,740 sq.ft.	$349,900	Airbnb cash on cash: 0.03% Traditional cash on cash: 5.6% Airbnb Rental Income: $1776 Traditional Rental Income: $3122 Airbnb ROI: 0.03% Traditional ROI: 5.6%
1412 N Harrison Road East Lansing, MI Welcome to one of the first homes built in what is now East Lansing. The well-constructed,...	4 beds \| 3 baths \| 3,838 sq.ft.	$380,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.44% Airbnb Rental Income: $null Traditional Rental Income: $2954 Airbnb ROI: N/A Traditional ROI: 5.44%
523 Bailey Street East Lansing, MI *HIGHEST & BEST DUE MONDAY 8/11/25 9:00 AM*Just a stone's throw from the vibrant East ...	4 beds \| 3 baths \| 1,878 sq.ft.	$389,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.85% Airbnb Rental Income: $null Traditional Rental Income: $2898 Airbnb ROI: N/A Traditional ROI: 4.85%
1915 N Harrison Road East Lansing, MI Welcome to 1915 N Harrison - A Charming Cape Cod in East Lansing's Coveted Pine Crest Neig...	4 beds \| 2 baths \| 2,049 sq.ft.	$295,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.38% Airbnb Rental Income: $null Traditional Rental Income: $2582 Airbnb ROI: N/A Traditional ROI: 6.38%
2855 Coleman Road East Lansing, MI Charming 3-bedroom, 1-bath bi-level home on a rare 1-acre lot in East Lansing. Built in 19...	3 beds \| 1 baths \| 1,218 sq.ft.	$304,000	Airbnb cash on cash: 1.1% Traditional cash on cash: 4.74% Airbnb Rental Income: $1211 Traditional Rental Income: $1863 Airbnb ROI: 1.1% Traditional ROI: 4.74%
338 W Saginaw Street unit: 48 #48 East Lansing, MI Welcome to this beautiful 2-bedroom, 2 full bathroom Brentwood condo near MSU CAMPUS!! Fea...	2 beds \| 2 baths \| 996 sq.ft.	$187,500	Airbnb cash on cash: -1.87% Traditional cash on cash: 3.78% Airbnb Rental Income: $958 Traditional Rental Income: $1616 Airbnb ROI: -1.87% Traditional ROI: 3.78%
704 Beech Street East Lansing, MI Are you looking for move in ready in East Lansing, have I got the house for you! How about...	3 beds \| N/A baths \| 1,533 sq.ft.	$332,900	Airbnb cash on cash: -1.03% Traditional cash on cash: 4.01% Airbnb Rental Income: $1018 Traditional Rental Income: $2238 Airbnb ROI: -1.03% Traditional ROI: 4.01%
1175 Prescott Drive East Lansing, MI A True Find in Shaw Estates! Presenting this beautifully updated 4 bed/ 3 bath brick home ...	4 beds \| N/A baths \| 3,546 sq.ft.	$497,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.1% Airbnb Rental Income: $null Traditional Rental Income: $3143 Airbnb ROI: N/A Traditional ROI: 3.1%
657 Puffin Place East Lansing, MI Custom Mayberry Home in East Lansing, close to MSU, downtown, and freeway access. This 2-s...	3 beds \| N/A baths \| 2,114 sq.ft.	$325,000	Airbnb cash on cash: -0.35% Traditional cash on cash: 5.98% Airbnb Rental Income: $1211 Traditional Rental Income: $2753 Airbnb ROI: -0.35% Traditional ROI: 5.98%
1130 Wolf Court East Lansing, MI Welcome to the heart of East Lansing living! This cozy 2-bedroom, 1-bath home in the Bensp...	2 beds \| 1 baths \| 1,068 sq.ft.	$199,942	Airbnb cash on cash: -0.87% Traditional cash on cash: 4.86% Airbnb Rental Income: $900 Traditional Rental Income: $1647 Airbnb ROI: -0.87% Traditional ROI: 4.86%
6708 English Oak Drive East Lansing, MI Best of all worlds! Haslett Schools with Bath Township taxes. Approx. 2,326 sq. ft. of fin...	5 beds \| 3 baths \| 2,667 sq.ft.	$509,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.41% Airbnb Rental Income: $null Traditional Rental Income: $3003 Airbnb ROI: N/A Traditional ROI: 3.41%
2943 Marfitt Road unit: 24 #24 East Lansing, MI Fabulous, ranch style condo nestled on a private lot with lovely wooded views. Light and b...	2 beds \| 2 baths \| 1,314 sq.ft.	$269,000	Airbnb cash on cash: -0.38% Traditional cash on cash: 4.71% Airbnb Rental Income: $1052 Traditional Rental Income: $1980 Airbnb ROI: -0.38% Traditional ROI: 4.71%
1608 Haslett Road East Lansing, MI This charming home 3 bedroom, 3 full bathroom home is filled with natural light thanks to ...	3 beds \| 3 baths \| 1,198 sq.ft.	$229,900	Airbnb cash on cash: 2.7% Traditional cash on cash: 7.25% Airbnb Rental Income: $1838 Traditional Rental Income: $2333 Airbnb ROI: 2.7% Traditional ROI: 7.25%
5359 Wild Oak Drive unit: 54 #54 East Lansing, MI Peaceful setting w/a view of the pond. This 2-bedroom walkout condo is located at the end ...	2 beds \| N/A baths \| 1,220 sq.ft.	$214,900	Airbnb cash on cash: 3.29% Traditional cash on cash: 4.87% Airbnb Rental Income: $1734 Traditional Rental Income: $1577 Airbnb ROI: 3.29% Traditional ROI: 4.87%
5724 Lebaron Court East Lansing, MI Wow! Welcome to 5724 Lebaron Court East Lansing! This 2 bedroom(possible 3rd bedroom), 2.5...	2 beds \| N/A baths \| 1,732 sq.ft.	$214,900	Airbnb cash on cash: 3.47% Traditional cash on cash: 6.17% Airbnb Rental Income: $1759 Traditional Rental Income: $1827 Airbnb ROI: 3.47% Traditional ROI: 6.17%
1511 Dennison Road East Lansing, MI Whitehills Estates newest offering in this original owner 5,440+- sq. ft. home! Stunning c...	5 beds \| N/A baths \| 5,470 sq.ft.	$975,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.27% Airbnb Rental Income: $null Traditional Rental Income: $2474 Airbnb ROI: N/A Traditional ROI: -0.27%
6215 Porter Avenue East Lansing, MI	2 beds \| 2 baths \| 830 sq.ft.	$184,500	Airbnb cash on cash: 2.76% Traditional cash on cash: 5.77% Airbnb Rental Income: $1419 Traditional Rental Income: $1522 Airbnb ROI: 2.76% Traditional ROI: 5.77%
5945 E Coleman Road East Lansing, MI This beautiful ranch offers space to spread out in a dream location Bath Township taxes, H...	4 beds \| 2 baths \| 2,154 sq.ft.	$399,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.05% Airbnb Rental Income: $null Traditional Rental Income: $2558 Airbnb ROI: N/A Traditional ROI: 4.05%
600 Albert Avenue unit: 406 #406 East Lansing, MI Welcome to Albert Place Condominiums in the heart of downtown East Lansing, just 1 block f...	3 beds \| 2 baths \| 1,524 sq.ft.	$369,900	Airbnb cash on cash: -1.5% Traditional cash on cash: 2.56% Airbnb Rental Income: $1249 Traditional Rental Income: $2264 Airbnb ROI: -1.5% Traditional ROI: 2.56%

Real Estate investment in East-lansing, MI

There are 44 properties for sale in the city of East Lansing . The median list price in East Lansing is $329,000 and the average price per square foot is $150. In October 2025, the average monthly cash on cash return in East Lansing is 5.00%. The average monthly rental income in East Lansing is $2,570.

East-lansing, MI Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 44 investment properties available for sale in East-lansing.

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

The ROI for Short-Term is higher than the Long-Term in East-lansing with average rental income of $1,387.

Your search for investment property begins and ends here

Investment Property for Sale in East Lansing, MI

6397 Ridgepond Place

East Lansing, MI

5 beds | 5 baths | 5,341 sq.ft.

$749,900

Airbnb cash on cash: N/A

Traditional cash on cash: 2.18%

Airbnb Rental Income: $null

Traditional Rental Income: $4250

Airbnb ROI: N/A

Traditional ROI: 2.18%

2127 Isaac Lane

East Lansing, MI

3 beds | 2 baths | 1,475 sq.ft.

$497,800

Airbnb cash on cash: 0.16%

Traditional cash on cash: 2.23%

Airbnb Rental Income: $1838

Traditional Rental Income: $2310

Airbnb ROI: 0.16%

Traditional ROI: 2.23%

16460 Sanctuary Circle

East Lansing, MI

4 beds | 3 baths | 2,700 sq.ft.

$585,500

Airbnb cash on cash: N/A

Traditional cash on cash: 3.16%

Airbnb Rental Income: $null

Traditional Rental Income: $3113

Airbnb ROI: N/A

Traditional ROI: 3.16%

919 Collingwood Drive

East Lansing, MI

2 beds | 2 baths | 2,117 sq.ft.

$319,900

Airbnb cash on cash: -0.75%

Traditional cash on cash: 4.11%

Airbnb Rental Income: $1322

Traditional Rental Income: $2377

Airbnb ROI: -0.75%

Traditional ROI: 4.11%

6171 Graebear Trail

East Lansing, MI

4 beds | 3 baths | 3,626 sq.ft.

$810,000

Airbnb cash on cash: N/A

Traditional cash on cash: 0.03%

Airbnb Rental Income: $null

Traditional Rental Income: $3186

Airbnb ROI: N/A

Traditional ROI: 0.03%

6031 Rutherford Avenue

East Lansing, MI

3 beds | 1 baths | 1,123 sq.ft.

$230,000

Airbnb cash on cash: -0.6%

Traditional cash on cash: 1.75%

Airbnb Rental Income: $1018

Traditional Rental Income: $1172

Airbnb ROI: -0.6%

Traditional ROI: 1.75%

1124 BURCHAM

East Lansing, MI

3 beds | 2 baths | 1,094 sq.ft.

$185,000

Airbnb cash on cash: 2.77%

Traditional cash on cash: 5.59%

Airbnb Rental Income: $1683

Traditional Rental Income: $1709

Airbnb ROI: 2.77%

Traditional ROI: 5.59%

6256 Mereford Court

East Lansing, MI

4 beds | N/A baths | 3,334 sq.ft.

$879,900

Airbnb cash on cash: N/A

Traditional cash on cash: 0.98%

Airbnb Rental Income: $null

Traditional Rental Income: $3610

Airbnb ROI: N/A