Real Estate Investment Properties for Sale in Grass Lake, MI

Looking for investment property in Grass Lake, MI with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
301 N Francisco Rd Grass Lake, MI Super Cute 3 Bedroom, 2 Bath Home with Over 1,300 Sq. Ft. of Finished Living Space! Well-m...	3 beds \| 2 baths \| 1,302 sq.ft.	$225,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.58% Airbnb Rental Income: $null Traditional Rental Income: $1738 Airbnb ROI: N/A Traditional ROI: 4.58%
10552 Cady Rd Grass Lake, MI Move in ready ranch home showcasing an open floor plan and wonderfully updated! This quain...	2 beds \| 1 baths \| 865 sq.ft.	$175,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.45% Airbnb Rental Income: $null Traditional Rental Income: $1521 Airbnb ROI: N/A Traditional ROI: 6.45%
200 Simpson Street Grass Lake, MI Welcome to this beautifully updated, 2596 sq ft of livable space, "All Sports Lakefront" r...	3 beds \| 2 baths \| 1,596 sq.ft.	$665,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.34% Airbnb Rental Income: $null Traditional Rental Income: $2550 Airbnb ROI: N/A Traditional ROI: 1.34%
121 Maple St Grass Lake, MI Investors and buyers looking for sweat equity TAKE NOTE. Charming cedar shake farmhouse ne...	4 beds \| 2 baths \| 1,157 sq.ft.	$155,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.21% Airbnb Rental Income: $null Traditional Rental Income: $1833 Airbnb ROI: N/A Traditional ROI: 8.21%
15 Pinewood Dr Grass Lake, MI	3 beds \| 2 baths \| 1,756 sq.ft.	$384,985	Airbnb cash on cash: N/A Traditional cash on cash: 6.58% Airbnb Rental Income: $null Traditional Rental Income: $2691 Airbnb ROI: N/A Traditional ROI: 6.58%
8317 Clear Lake Rd Grass Lake, MI Chelsea school district in the Village of Waterloo starter home on a corner lot. This spac...	3 beds \| 1 baths \| 1,400 sq.ft.	$190,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.43% Airbnb Rental Income: $null Traditional Rental Income: $1647 Airbnb ROI: N/A Traditional ROI: 6.43%
22 Pinewood Grass Lake, MI	3 beds \| 2 baths \| 1,428 sq.ft.	$360,360	Airbnb cash on cash: N/A Traditional cash on cash: 5.66% Airbnb Rental Income: $null Traditional Rental Income: $2228 Airbnb ROI: N/A Traditional ROI: 5.66%
00 Mack Island Rd Grass Lake, MI	2 beds \| 2 baths \| 1,098 sq.ft.	$565,488	Airbnb cash on cash: N/A Traditional cash on cash: 4.11% Airbnb Rental Income: $null Traditional Rental Income: $2944 Airbnb ROI: N/A Traditional ROI: 4.11%
4000 Musbach Rd Grass Lake, MI 4 parcels being sold together totaling approx. 188 acres. Total Sev is $719,500 and taxes ...	4 beds \| 4 baths \| 3,859 sq.ft.	$2,500,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.12% Airbnb Rental Income: $null Traditional Rental Income: $3793 Airbnb ROI: N/A Traditional ROI: 0.12%
2081 S Francisco Rd Grass Lake, MI	3 beds \| 2 baths \| 1,700 sq.ft.	$437,400	Airbnb cash on cash: N/A Traditional cash on cash: 3.8% Airbnb Rental Income: $null Traditional Rental Income: $2196 Airbnb ROI: N/A Traditional ROI: 3.8%
16520 Grass Lake Grass Lake, MI Great location for that hobby farm, especially horses, full electric fenced pasture's 7.03...	3 beds \| 3 baths \| 1,673 sq.ft.	$449,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.1% Airbnb Rental Income: $null Traditional Rental Income: $2458 Airbnb ROI: N/A Traditional ROI: 3.1%
12731 Morrissey Rd Grass Lake, MI Large 1792 sq ft ranch home on 2.2 country acres on a paved road with natural gas heat. O...	3 beds \| 2 baths \| 2,592 sq.ft.	$234,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.94% Airbnb Rental Income: $null Traditional Rental Income: $2196 Airbnb ROI: N/A Traditional ROI: 6.94%
0 Clear Lake Rd #Parcel A Grass Lake, MI 0 Clear Lake Rd #Parcel A, Grass Lake, MI 49240 \| Other	N/A beds \| N/A baths \| N/A	$60,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.05% Airbnb Rental Income: $null Traditional Rental Income: $547 Airbnb ROI: N/A Traditional ROI: 4.05%
0 Seymour #E Rd Grass Lake, MI 0 Seymour #E Rd, Grass Lake, MI 49240 \| Other	N/A beds \| N/A baths \| N/A	$145,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.63% Airbnb Rental Income: $null Traditional Rental Income: $544 Airbnb ROI: N/A Traditional ROI: 0.63%
0 Seymour Rd #Parcel C Grass Lake, MI 0 Seymour Rd #Parcel C, Grass Lake, MI 49240 \| Other	N/A beds \| N/A baths \| N/A	$145,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.55% Airbnb Rental Income: $null Traditional Rental Income: $1250 Airbnb ROI: N/A Traditional ROI: 5.55%
Lot #78 Lake Blf Grass Lake, MI Lot #78 Lake Blf, LEONI, MI 49240 \| Other	N/A beds \| N/A baths \| N/A	$41,500	Airbnb cash on cash: N/A Traditional cash on cash: 5.04% Airbnb Rental Income: $null Traditional Rental Income: $544 Airbnb ROI: N/A Traditional ROI: 5.04%
0 Seymour Rd #Parcel F Grass Lake, MI 0 Seymour Rd #Parcel F, Grass Lake, MI 49240 \| Other	N/A beds \| N/A baths \| N/A	$145,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.55% Airbnb Rental Income: $null Traditional Rental Income: $1250 Airbnb ROI: N/A Traditional ROI: 5.55%
0 Seymour Rd #Parcel D Grass Lake, MI 0 Seymour Rd #Parcel D, Grass Lake, MI 49240 \| Other	N/A beds \| N/A baths \| N/A	$145,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.55% Airbnb Rental Income: $null Traditional Rental Income: $1250 Airbnb ROI: N/A Traditional ROI: 5.55%
0 Knight Rd Grass Lake, MI 0 Knight Rd, Grass Lake, MI 49240 \| Other	N/A beds \| N/A baths \| N/A	$750,000	Airbnb cash on cash: N/A Traditional cash on cash: -1.89% Airbnb Rental Income: $null Traditional Rental Income: $544 Airbnb ROI: N/A Traditional ROI: -1.89%
VL Congressional Ln #14 Grass Lake, MI VL Congressional Ln #14, Grass Lake, MI 49240 \| Other	N/A beds \| N/A baths \| N/A	$45,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.09% Airbnb Rental Income: $null Traditional Rental Income: $544 Airbnb ROI: N/A Traditional ROI: 7.09%
VL Congressional Ln #13 Grass Lake, MI VL Congressional Ln #13, Grass Lake, MI 49240 \| Other	N/A beds \| N/A baths \| N/A	$45,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.09% Airbnb Rental Income: $null Traditional Rental Income: $544 Airbnb ROI: N/A Traditional ROI: 7.09%
VL Congressional Ln #20 Grass Lake, MI VL Congressional Ln #20, Grass Lake, MI 49240 \| Other	N/A beds \| N/A baths \| N/A	$50,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.22% Airbnb Rental Income: $null Traditional Rental Income: $544 Airbnb ROI: N/A Traditional ROI: 6.22%
VL Congressional Ln #3 Grass Lake, MI VL Congressional Ln #3, Grass Lake, MI 49240 \| Other	N/A beds \| N/A baths \| N/A	$45,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.09% Airbnb Rental Income: $null Traditional Rental Income: $544 Airbnb ROI: N/A Traditional ROI: 7.09%
VL Congressional Ln #4 Grass Lake, MI VL Congressional Ln #4, Grass Lake, MI 49240 \| Other	N/A beds \| N/A baths \| N/A	$45,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.09% Airbnb Rental Income: $null Traditional Rental Income: $544 Airbnb ROI: N/A Traditional ROI: 7.09%

Real Estate investment in Grass-lake, MI

There are 38 properties for sale in the city of Grass Lake . The median list price in Grass Lake is $150,000 and the average price per square foot is $102. In March 2026, the average monthly cash on cash return in Grass Lake is 6.00%. The average monthly rental income in Grass Lake is $1,833.

Grass-lake, MI Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 38 investment properties available for sale in Grass-lake.

In 2026, the best neighborhood to buy investment property is Grass Lake.

The ROI for Short-Term is higher than the Long-Term in Grass-lake with average rental income of $N/A.

Your search for investment property begins and ends here

Investment Property for Sale in Grass Lake, MI

301 N Francisco Rd

Grass Lake, MI

3 beds | 2 baths | 1,302 sq.ft.

$225,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.58%

Airbnb Rental Income: $null

Traditional Rental Income: $1738

Airbnb ROI: N/A

Traditional ROI: 4.58%

10552 Cady Rd

Grass Lake, MI

2 beds | 1 baths | 865 sq.ft.

$175,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.45%

Airbnb Rental Income: $null

Traditional Rental Income: $1521

Airbnb ROI: N/A

Traditional ROI: 6.45%

200 Simpson Street

Grass Lake, MI

3 beds | 2 baths | 1,596 sq.ft.

$665,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.34%

Airbnb Rental Income: $null

Traditional Rental Income: $2550

Airbnb ROI: N/A

Traditional ROI: 1.34%

121 Maple St

Grass Lake, MI

4 beds | 2 baths | 1,157 sq.ft.

$155,000

Airbnb cash on cash: N/A

Traditional cash on cash: 8.21%

Airbnb Rental Income: $null

Traditional Rental Income: $1833

Airbnb ROI: N/A

Traditional ROI: 8.21%

15 Pinewood Dr

Grass Lake, MI

3 beds | 2 baths | 1,756 sq.ft.

$384,985

Airbnb cash on cash: N/A

Traditional cash on cash: 6.58%

Airbnb Rental Income: $null

Traditional Rental Income: $2691

Airbnb ROI: N/A

Traditional ROI: 6.58%

8317 Clear Lake Rd

Grass Lake, MI

3 beds | 1 baths | 1,400 sq.ft.

$190,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.43%

Airbnb Rental Income: $null

Traditional Rental Income: $1647

Airbnb ROI: N/A

Traditional ROI: 6.43%

22 Pinewood

Grass Lake, MI

3 beds | 2 baths | 1,428 sq.ft.

$360,360

Airbnb cash on cash: N/A

Traditional cash on cash: 5.66%

Airbnb Rental Income: $null

Traditional Rental Income: $2228

Airbnb ROI: N/A

Traditional ROI: 5.66%

00 Mack Island Rd

Grass Lake, MI

2 beds | 2 baths | 1,098 sq.ft.

$565,488

Airbnb cash on cash: N/A

Traditional cash on cash: 4.11%

Airbnb Rental Income: $null

Traditional Rental Income: $2944

Airbnb ROI: N/A