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%
421 W Lake Lansing Road East Lansing, MI Welcome home to 421 W Lake Lansing Rd! This charming 3-bedroom, 1-bath ranch sits on a gen...	3 beds \| 1 baths \| 880 sq.ft.	$174,900	Airbnb cash on cash: 1.55% Traditional cash on cash: 6.06% Airbnb Rental Income: $1150 Traditional Rental Income: $1520 Airbnb ROI: 1.55% Traditional ROI: 6.06%
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: -0.53% Traditional cash on cash: 2.23% Airbnb Rental Income: $1454 Traditional Rental Income: $2310 Airbnb ROI: -0.53% Traditional ROI: 2.23%
6031 Rutherford Avenue East Lansing, MI	3 beds \| 1 baths \| 1,123 sq.ft.	$230,000	Airbnb cash on cash: 0.68% Traditional cash on cash: 1.75% Airbnb Rental Income: $1354 Traditional Rental Income: $1172 Airbnb ROI: 0.68% 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: N/A Traditional cash on cash: 5.59% Airbnb Rental Income: $null Traditional Rental Income: $1709 Airbnb ROI: N/A Traditional ROI: 5.59%
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 \| 2 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 \| 2 baths \| 2,640 sq.ft.	$289,900	Airbnb cash on cash: 1.16% Traditional cash on cash: 6.98% Airbnb Rental Income: $1427 Traditional Rental Income: $2591 Airbnb ROI: 1.16% Traditional ROI: 6.98%
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.	$289,995	Airbnb cash on cash: N/A Traditional cash on cash: 6.35% Airbnb Rental Income: $null Traditional Rental Income: $2518 Airbnb ROI: N/A Traditional ROI: 6.35%
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%
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 \| N/A baths \| 2,528 sq.ft.	$309,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.73% Airbnb Rental Income: $null Traditional Rental Income: $2934 Airbnb ROI: N/A Traditional ROI: 6.73%
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: -0.85% Traditional cash on cash: 3.64% Airbnb Rental Income: $997 Traditional Rental Income: $1701 Airbnb ROI: -0.85% 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: -0.69% Traditional cash on cash: 5.68% Airbnb Rental Income: $1150 Traditional Rental Income: $2923 Airbnb ROI: -0.69% Traditional ROI: 5.68%
2545 Koala Drive East Lansing, MI OKEMOS SCHOOLS OFFERING IN BEAR LAKE SUBDIVISION WITH 3 BEDROOMS, 3.5 BATHS. 2192 ABOVE GR...	3 beds \| 4 baths \| 2,740 sq.ft.	$349,900	Airbnb cash on cash: -0.79% Traditional cash on cash: 5.6% Airbnb Rental Income: $1454 Traditional Rental Income: $3122 Airbnb ROI: -0.79% 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.	$365,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.7% Airbnb Rental Income: $null Traditional Rental Income: $2954 Airbnb ROI: N/A Traditional ROI: 5.7%
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%
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: -3.74% Traditional cash on cash: 3.78% Airbnb Rental Income: $557 Traditional Rental Income: $1616 Airbnb ROI: -3.74% 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: 0.47% Traditional cash on cash: 4.01% Airbnb Rental Income: $1580 Traditional Rental Income: $2238 Airbnb ROI: 0.47% Traditional ROI: 4.01%
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: -1.74% Traditional cash on cash: 4.86% Airbnb Rental Income: $700 Traditional Rental Income: $1647 Airbnb ROI: -1.74% 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%
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 \| 2 baths \| 1,220 sq.ft.	$212,400	Airbnb cash on cash: 0.2% Traditional cash on cash: 4.94% Airbnb Rental Income: $975 Traditional Rental Income: $1577 Airbnb ROI: 0.2% Traditional ROI: 4.94%
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: 0.89% Traditional cash on cash: 5.77% Airbnb Rental Income: $1026 Traditional Rental Income: $1522 Airbnb ROI: 0.89% 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.	$384,500	Airbnb cash on cash: N/A Traditional cash on cash: 4.31% Airbnb Rental Income: $null Traditional Rental Income: $2558 Airbnb ROI: N/A Traditional ROI: 4.31%
1232 Marigold Avenue East Lansing, MI Charming 4-Bed, 2-Bath Home Near Michigan State University Welcome to this beautiful resid...	4 beds \| 2 baths \| 2,048 sq.ft.	$285,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.17% Airbnb Rental Income: $null Traditional Rental Income: $2643 Airbnb ROI: N/A Traditional ROI: 7.17%
119 Kensington Road East Lansing, MI Located in the heart of East Lansing. The Living room has a wood burning fireplace and bui...	4 beds \| 2 baths \| 1,532 sq.ft.	$349,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.24% Airbnb Rental Income: $null Traditional Rental Income: $2345 Airbnb ROI: N/A Traditional ROI: 4.24%
407 Walbridge Drive East Lansing, MI East Lansing - Whitehills newest offering for this Al White original Cape Cod. Main floor ...	4 beds \| 2 baths \| 4,157 sq.ft.	$739,900	Airbnb cash on cash: N/A Traditional cash on cash: 0.36% Airbnb Rental Income: $null Traditional Rental Income: $2265 Airbnb ROI: N/A Traditional ROI: 0.36%
953 Rosewood Avenue East Lansing, MI Wonderful Glencairn Neighborhood! Spacious 2400 sq ft 2 story plus recently finished lower...	3 beds \| 3 baths \| 2,684 sq.ft.	$429,900	Airbnb cash on cash: -1.48% Traditional cash on cash: 4.58% Airbnb Rental Income: $997 Traditional Rental Income: $3082 Airbnb ROI: -1.48% Traditional ROI: 4.58%
1864 Burrwood Circle East Lansing, MI Wonderful updated East Lansing Condo. 2 bedroom, 1.5 bath condo , Could be a three bedroom...	2 beds \| 2 baths \| 1,932 sq.ft.	$215,900	Airbnb cash on cash: -0.16% Traditional cash on cash: 4.77% Airbnb Rental Income: $975 Traditional Rental Income: $1633 Airbnb ROI: -0.16% Traditional ROI: 4.77%
6380 Heathfield Drive East Lansing, MI Whitehills Woods - Haslett Schools - Indulge your family in this almost new Craftsman styl...	5 beds \| 5 baths \| 4,335 sq.ft.	$1,349,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.81% Airbnb Rental Income: $null Traditional Rental Income: $5150 Airbnb ROI: N/A Traditional ROI: 1.81%
1609 N Gilcrest Avenue East Lansing, MI Welcome to one of East Lansing's charming neighborhoods. Close to everything. However, tuc...	4 beds \| 1 baths \| 1,225 sq.ft.	$210,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.12% Airbnb Rental Income: $null Traditional Rental Income: $1830 Airbnb ROI: N/A Traditional ROI: 6.12%
3893 Quarterhorse East Lansing, MI This 2 bed/2 bath home offers an open floor plan with energy efficient appliances and a la...	2 beds \| 2 baths \| 1,494 sq.ft.	$364,900	Airbnb cash on cash: -1.57% Traditional cash on cash: 3.73% Airbnb Rental Income: $849 Traditional Rental Income: $2335 Airbnb ROI: -1.57% Traditional ROI: 3.73%
5190 Park Lake Road East Lansing, MI Spacious 4-bedroom ranch on large private lot. Living room with fireplace, 1st floor laund...	4 beds \| 2 baths \| 2,106 sq.ft.	$295,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.53% Airbnb Rental Income: $null Traditional Rental Income: $2632 Airbnb ROI: N/A Traditional ROI: 6.53%
16975 Pine Hollow Drive East Lansing, MI WHITEHILLS WOODS NEWEST OFFERING WITH HASLETT SCHOOLS - BATH TOWNSHIP TAXES! THIS NEWER CR...	5 beds \| 4 baths \| 4,328 sq.ft.	$918,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.63% Airbnb Rental Income: $null Traditional Rental Income: $3886 Airbnb ROI: N/A Traditional ROI: 1.63%
1409 Weatherhill Court East Lansing, MI Discover the perfect blend of comfort and practicality in this beautifully maintained one-...	2 beds \| 3 baths \| 1,936 sq.ft.	$279,900	Airbnb cash on cash: -1.74% Traditional cash on cash: 7.88% Airbnb Rental Income: $700 Traditional Rental Income: $2932 Airbnb ROI: -1.74% Traditional ROI: 7.88%

Real Estate investment in East-lansing, MI

There are 37 properties for sale in the city of East Lansing . The median list price in East Lansing is $340,950 and the average price per square foot is $152. In December 2025, the average monthly cash on cash return in East Lansing is 5.00%. The average monthly rental income in East Lansing is $2,558.

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

There are 37 investment properties available for sale in East-lansing.

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

The ROI for Long-Term is higher than the Short-Term in East-lansing with average rental income of $2,558.

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%

421 W Lake Lansing Road

East Lansing, MI

3 beds | 1 baths | 880 sq.ft.

$174,900

Airbnb cash on cash: 1.55%

Traditional cash on cash: 6.06%

Airbnb Rental Income: $1150

Traditional Rental Income: $1520

Airbnb ROI: 1.55%

Traditional ROI: 6.06%

2127 Isaac Lane

East Lansing, MI

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

$497,800

Airbnb cash on cash: -0.53%

Traditional cash on cash: 2.23%

Airbnb Rental Income: $1454

Traditional Rental Income: $2310

Airbnb ROI: -0.53%

Traditional ROI: 2.23%

6031 Rutherford Avenue

East Lansing, MI

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

$230,000

Airbnb cash on cash: 0.68%

Traditional cash on cash: 1.75%

Airbnb Rental Income: $1354

Traditional Rental Income: $1172

Airbnb ROI: 0.68%

Traditional ROI: 1.75%

1124 BURCHAM

East Lansing, MI

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

$185,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.59%

Airbnb Rental Income: $null

Traditional Rental Income: $1709

Airbnb ROI: N/A

Traditional ROI: 5.59%

539 Sunset Lane

East Lansing, MI

5 beds | 2 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

3 beds | 2 baths | 2,640 sq.ft.

$289,900

Airbnb cash on cash: 1.16%

Traditional cash on cash: 6.98%

Airbnb Rental Income: $1427

Traditional Rental Income: $2591

Airbnb ROI: 1.16%

Traditional ROI: 6.98%

502 Gainsborough Drive

East Lansing, MI

4 beds | 2 baths | 1,920 sq.ft.

$289,995

Airbnb cash on cash: N/A

Traditional cash on cash: 6.35%

Airbnb Rental Income: $null

Traditional Rental Income: $2518

Airbnb ROI: N/A