Real Estate Investment Properties for Sale in Grayling, MI

Looking for investment property in Grayling, MI with high ROI ?

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

Search for Condo for Sale in Grayling, 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 4 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
209 Peninsular Ave #A Grayling, MI Downtown Grayling DUCK POND condos- ONLY 3 left! FIRST EVER & waiting for new owners! Brig...	2 beds \| 2 baths \| 1,920 sq.ft.	$214,000	Airbnb cash on cash: 3.14% Traditional cash on cash: 10.71% Airbnb Rental Income: $1726 Traditional Rental Income: $2785 Airbnb ROI: 3.14% Traditional ROI: 10.71%
2178 Viking Way Grayling, MI 2178 Viking Way, Grayling, MI 49738 \| Condo/Coop	2 beds \| 2 baths \| 1,255 sq.ft.	$193,000	Airbnb cash on cash: 3.79% Traditional cash on cash: 4.66% Airbnb Rental Income: $1726 Traditional Rental Income: $1409 Airbnb ROI: 3.79% Traditional ROI: 4.66%
2146 Viking Way Grayling, MI 2146 Viking Way, Grayling, MI 49738 \| Condo/Coop	2 beds \| 2 baths \| 1,350 sq.ft.	$172,900	Airbnb cash on cash: 3.5% Traditional cash on cash: 4.91% Airbnb Rental Income: $1726 Traditional Rental Income: $1482 Airbnb ROI: 3.5% Traditional ROI: 4.91%
2204 Viking Way Grayling, MI 2204 Viking Way, Grayling, MI 49738 \| Condo/Coop	2 beds \| 2 baths \| 1,350 sq.ft.	$159,000	Airbnb cash on cash: 4.01% Traditional cash on cash: 5.54% Airbnb Rental Income: $1726 Traditional Rental Income: $1482 Airbnb ROI: 4.01% Traditional ROI: 5.54%
Other Investment Properties for Sale in Grayling
719 Wright Rd Grayling , MI The source for information of this property is the county and township records, past appra...	4 beds \| 4 baths \| 4,686 sq.ft.	$747,900	Airbnb cash on cash: 0.37% Traditional cash on cash: 3.48% Airbnb Rental Income: $2071 Traditional Rental Income: $3705 Airbnb ROI: 0.37% Traditional ROI: 3.48%
8085 Collen Ave Grayling , MI Within walking distance to the road end access on Lake Margrethe, great spot to watch the ...	3 beds \| 2 baths \| 1,080 sq.ft.	$129,900	Airbnb cash on cash: 5.95% Traditional cash on cash: 10.29% Airbnb Rental Income: $1553 Traditional Rental Income: $1647 Airbnb ROI: 5.95% Traditional ROI: 10.29%
2488 S Horseshoe Trl Grayling , MI This comfortable oasis offers 8 acres of privacy for weekend or full time use. Just a few ...	1 beds \| 1 baths \| 1,040 sq.ft.	$149,900	Airbnb cash on cash: 0.89% Traditional cash on cash: 5.54% Airbnb Rental Income: $750 Traditional Rental Income: $1103 Airbnb ROI: 0.89% Traditional ROI: 5.54%
1065 S Mcmasters Bridge Rd Grayling , MI Welcome to 1065 S McMasters Bridge Rd in Grayling! An exceptional log cabin retreat set al...	4 beds \| 3 baths \| 2,960 sq.ft.	$750,000	Airbnb cash on cash: -0.96% Traditional cash on cash: 2.72% Airbnb Rental Income: $2071 Traditional Rental Income: $4108 Airbnb ROI: -0.96% Traditional ROI: 2.72%
5731 Wellington Way Grayling , MI Sprawling Ranch with full basement & Fireplace, Large attached garage with covered parking...	3 beds \| 1 baths \| 2,400 sq.ft.	$248,900	Airbnb cash on cash: 1.79% Traditional cash on cash: 4.33% Airbnb Rental Income: $1553 Traditional Rental Income: $1702 Airbnb ROI: 1.79% Traditional ROI: 4.33%
10441 Alpenhof Dr Grayling , MI Awesome Chalet with 3 car garage sits on 3 lots in a peaceful setting in Warbler's Hideawa...	3 beds \| 1 baths \| 1,140 sq.ft.	$186,000	Airbnb cash on cash: 4.01% Traditional cash on cash: 7.6% Airbnb Rental Income: $1553 Traditional Rental Income: $1741 Airbnb ROI: 4.01% Traditional ROI: 7.6%
3140 Northeast Trl Grayling , MI Welcome to Warblers Hideaway, a community with plenty of association amenities to enjoy. T...	3 beds \| 2 baths \| 1,526 sq.ft.	$324,900	Airbnb cash on cash: 0.65% Traditional cash on cash: 3.99% Airbnb Rental Income: $1553 Traditional Rental Income: $2126 Airbnb ROI: 0.65% Traditional ROI: 3.99%
2153 Viking Way Grayling , MI This well maintained 2-bedroom, 2-bath, 1182 sq. ft. home is located in the Viking Village...	2 beds \| 2 baths \| 1,394 sq.ft.	$164,900	Airbnb cash on cash: 3.78% Traditional cash on cash: 7.6% Airbnb Rental Income: $1726 Traditional Rental Income: $1851 Airbnb ROI: 3.78% Traditional ROI: 7.6%
286 E M-72 Hwy Grayling , MI Beautiful Chalet in the woods. Approx. 5 miles east of Grayling. Conveniently located on m...	3 beds \| 2 baths \| 2,900 sq.ft.	$365,000	Airbnb cash on cash: 0.43% Traditional cash on cash: 4.48% Airbnb Rental Income: $1553 Traditional Rental Income: $2492 Airbnb ROI: 0.43% Traditional ROI: 4.48%
11706 Crapo Lake Rd Grayling , MI You will not believe this when you see it! 3/2 COMPLETELY remodeled home inside and out! Q...	3 beds \| 2 baths \| 1,944 sq.ft.	$246,000	Airbnb cash on cash: 3.28% Traditional cash on cash: 5.59% Airbnb Rental Income: $1553 Traditional Rental Income: $1643 Airbnb ROI: 3.28% Traditional ROI: 5.59%
2392 S Horseshoe Trl Grayling , MI Needs some Lovin but Lots of potential awaits new owners of this stable, 1520 sq ft home o...	2 beds \| 1 baths \| 1,520 sq.ft.	$169,900	Airbnb cash on cash: 4.63% Traditional cash on cash: 3.93% Airbnb Rental Income: $1726 Traditional Rental Income: $1136 Airbnb ROI: 4.63% Traditional ROI: 3.93%
11846 W M-72 Hwy Grayling , MI Beautiful, spacious home along the Manistee River with 185 feet of frontage! This home fea...	5 beds \| 3 baths \| 4,700 sq.ft.	$559,900	Airbnb cash on cash: 0.1% Traditional cash on cash: 2.11% Airbnb Rental Income: $1990 Traditional Rental Income: $2519 Airbnb ROI: 0.1% Traditional ROI: 2.11%

Your search for investment property begins and ends here

Condos for Sale in Grayling, MI

209 Peninsular Ave #A

Grayling, MI

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

$214,000

Airbnb cash on cash: 3.14%

Traditional cash on cash: 10.71%

Airbnb Rental Income: $1726

Traditional Rental Income: $2785

Airbnb ROI: 3.14%

Traditional ROI: 10.71%

2178 Viking Way

Grayling, MI

2 beds | 2 baths | 1,255 sq.ft.

$193,000

Airbnb cash on cash: 3.79%

Traditional cash on cash: 4.66%

Airbnb Rental Income: $1726

Traditional Rental Income: $1409

Airbnb ROI: 3.79%

Traditional ROI: 4.66%

2146 Viking Way

Grayling, MI

2 beds | 2 baths | 1,350 sq.ft.

$172,900

Airbnb cash on cash: 3.5%

Traditional cash on cash: 4.91%

Airbnb Rental Income: $1726

Traditional Rental Income: $1482

Airbnb ROI: 3.5%

Traditional ROI: 4.91%

2204 Viking Way

Grayling, MI

2 beds | 2 baths | 1,350 sq.ft.

$159,000

Airbnb cash on cash: 4.01%

Traditional cash on cash: 5.54%

Airbnb Rental Income: $1726

Traditional Rental Income: $1482

Airbnb ROI: 4.01%

Traditional ROI: 5.54%

Other Investment Properties for Sale in Grayling

Grayling , MI

4 beds | 4 baths | 4,686 sq.ft.

$747,900

Airbnb cash on cash: 0.37%

Traditional cash on cash: 3.48%

Airbnb Rental Income: $2071

Traditional Rental Income: $3705

Airbnb ROI: 0.37%

Traditional ROI: 3.48%

Grayling , MI

3 beds | 2 baths | 1,080 sq.ft.

$129,900

Airbnb cash on cash: 5.95%

Traditional cash on cash: 10.29%

Airbnb Rental Income: $1553

Traditional Rental Income: $1647

Airbnb ROI: 5.95%

Traditional ROI: 10.29%

Grayling , MI

1 beds | 1 baths | 1,040 sq.ft.

$149,900

Airbnb cash on cash: 0.89%

Traditional cash on cash: 5.54%

Airbnb Rental Income: $750

Traditional Rental Income: $1103

Airbnb ROI: 0.89%

Traditional ROI: 5.54%

Grayling , MI

4 beds | 3 baths | 2,960 sq.ft.

$750,000

Airbnb cash on cash: -0.96%

Traditional cash on cash: 2.72%

Airbnb Rental Income: $2071

Traditional Rental Income: $4108

Airbnb ROI: -0.96%

Traditional ROI: 2.72%

Grayling , MI

3 beds | 1 baths | 2,400 sq.ft.