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.

Single Family Homes for Sale in Grayling, MI

Search for Single Family Residential for Sale in Grayling, Michigan. Browse all of Mashvisor’s Single Family Residential listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 27 Single Family Residential 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
4642 W Five Mile Road Grayling, MI Welcome to this charming raised ranch brick home set on 2.5 peaceful acres! Featuring 3 be...	3 beds \| 2 baths \| 2,240 sq.ft.	$275,000	Airbnb cash on cash: 0.35% Traditional cash on cash: 6.75% Airbnb Rental Income: $1233 Traditional Rental Income: $2498 Airbnb ROI: 0.35% Traditional ROI: 6.75%
11208 RED DOG TRAIL Grayling, MI Recently ranked the #1 fly-fishing destination in America by USA Today, the majestic Au Sa...	2 beds \| 2 baths \| 1,465 sq.ft.	$800,000	Airbnb cash on cash: -0.65% Traditional cash on cash: 1.27% Airbnb Rental Income: $1195 Traditional Rental Income: $2236 Airbnb ROI: -0.65% Traditional ROI: 1.27%
3126 S Portage Avenue Grayling, MI Nestled on the shores of Lake Margrethe, this fully furnished, cozy and historic 4-bed, 1....	4 beds \| 2 baths \| 1,885 sq.ft.	$549,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.12% Airbnb Rental Income: $null Traditional Rental Income: $2799 Airbnb ROI: N/A Traditional ROI: 3.12%
403 Erie Street Grayling, MI Location is everything. 1 block from Grayling Hospital, School, The Brook, Daycare & Dr/De...	4 beds \| 1 baths \| 1,650 sq.ft.	$225,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.21% Airbnb Rental Income: $null Traditional Rental Income: $1784 Airbnb ROI: N/A Traditional ROI: 6.21%
2493 S Horseshoe Trail Grayling, MI This home sits on 10 private acres and has plenty of room to store all of your recreationa...	3 beds \| 1 baths \| 1,078 sq.ft.	$199,900	Airbnb cash on cash: 2.2% Traditional cash on cash: 5.87% Airbnb Rental Income: $1233 Traditional Rental Income: $1534 Airbnb ROI: 2.2% Traditional ROI: 5.87%
602 MAPLE ST Grayling, MI Invest with success and buy through Auction.com. This bank-owned investment property is a ...	N/A beds \| N/A baths \| N/A	$365,000	Airbnb cash on cash: -2.63% Traditional cash on cash: -0.21% Airbnb Rental Income: $293 Traditional Rental Income: $884 Airbnb ROI: -2.63% Traditional ROI: -0.21%
3014 E N Down River Road Grayling, MI Cozy and cared-for 3-bed / 2-bath home with a full unfinished basement and a 30x40 pole ba...	3 beds \| 2 baths \| 1,144 sq.ft.	$169,900	Airbnb cash on cash: 2.95% Traditional cash on cash: 8.21% Airbnb Rental Income: $1233 Traditional Rental Income: $1691 Airbnb ROI: 2.95% Traditional ROI: 8.21%
5477 and 5466 Pershing Place Grayling, MI This breathtaking property offers the perfect blend of rustic charm and modern comfort. Si...	3 beds \| 2 baths \| 990 sq.ft.	$799,000	Airbnb cash on cash: -1.53% Traditional cash on cash: -0.14% Airbnb Rental Income: $1233 Traditional Rental Income: $1869 Airbnb ROI: -1.53% Traditional ROI: -0.14%
15968 M-72 Grayling, MI Price Improvement TWO HOMES!! Manufactured home with an attached, 2+ car garage and lea...	4 beds \| 3 baths \| 1,768 sq.ft.	$287,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.07% Airbnb Rental Income: $null Traditional Rental Income: $2590 Airbnb ROI: N/A Traditional ROI: 8.07%
15831 SE M 72 Grayling, MI Turn key Barndominium!!! Right in the heart of Northern Michigans playground!!! This taste...	2 beds \| 2 baths \| 968 sq.ft.	$179,900	Airbnb cash on cash: 2.71% Traditional cash on cash: 7.56% Airbnb Rental Income: $1195 Traditional Rental Income: $1636 Airbnb ROI: 2.71% Traditional ROI: 7.56%
1114 Moffatt Trail Grayling, MI Nestled on a tranquil 1-acre setting with 167 feet of private frontage on the renowned AuS...	3 beds \| 3 baths \| 1,686 sq.ft.	$419,000	Airbnb cash on cash: -0.4% Traditional cash on cash: 4.25% Airbnb Rental Income: $1233 Traditional Rental Income: $2664 Airbnb ROI: -0.4% Traditional ROI: 4.25%
8727 S Oak Road Grayling, MI Great hunting property and or residency, many deer have been seen on this property. Discov...	2 beds \| 2 baths \| 1,600 sq.ft.	$220,000	Airbnb cash on cash: 1.71% Traditional cash on cash: 7.85% Airbnb Rental Income: $1195 Traditional Rental Income: $2087 Airbnb ROI: 1.71% Traditional ROI: 7.85%
701 Chestnut Street Grayling, MI Perfectly preserved early 20th Century craftsmanship of bounds in this beautiful classic h...	5 beds \| 2 baths \| 2,250 sq.ft.	$260,000	Airbnb cash on cash: 2.56% Traditional cash on cash: 8.26% Airbnb Rental Income: $1716 Traditional Rental Income: $2639 Airbnb ROI: 2.56% Traditional ROI: 8.26%
2741 E M-72 Grayling, MI Charming 2-Bedroom Ranch on 3.65 Acres - Nature Lover's Paradise! Don't miss this well-mai...	2 beds \| 1 baths \| 1,048 sq.ft.	$227,000	Airbnb cash on cash: 1.9% Traditional cash on cash: 5.22% Airbnb Rental Income: $1195 Traditional Rental Income: $1520 Airbnb ROI: 1.9% Traditional ROI: 5.22%
5605 Pershing Place Grayling, MI Escape to the beauty of Northern Michigan with this exceptional 5 bed, 3.5 bath cabin nest...	5 beds \| 4 baths \| 2,324 sq.ft.	$1,345,000	Airbnb cash on cash: -0.39% Traditional cash on cash: 2% Airbnb Rental Income: $1716 Traditional Rental Income: $4232 Airbnb ROI: -0.39% Traditional ROI: 2%
36 S McMasters Bridge Road Grayling, MI This property boasts 4.5 acres (m/l) and is adjacent to land managed by the Michigan Depar...	3 beds \| 3 baths \| 2,040 sq.ft.	$216,900	Airbnb cash on cash: 1.89% Traditional cash on cash: 10.71% Airbnb Rental Income: $1233 Traditional Rental Income: $2652 Airbnb ROI: 1.89% Traditional ROI: 10.71%
2498 W Five Mile Road Grayling, MI CABIN WITH 60.5 ACRES WITH STATE LAND ON 2 SIDES. POLE BARN 30 x 40 with electric. Recreat...	1 beds \| 1 baths \| 845 sq.ft.	$395,000	Airbnb cash on cash: -0.57% Traditional cash on cash: 1.42% Airbnb Rental Income: $747 Traditional Rental Income: $1171 Airbnb ROI: -0.57% Traditional ROI: 1.42%
2969 Cambay Trail Grayling, MI This is an awesome Up North getaway! Whether you hunt, fish, camp, or just want to get awa...	3 beds \| 1 baths \| 962 sq.ft.	$150,000	Airbnb cash on cash: 3.1% Traditional cash on cash: 7.43% Airbnb Rental Income: $1233 Traditional Rental Income: $1460 Airbnb ROI: 3.1% Traditional ROI: 7.43%
1172 Trails End Grayling, MI Beautifully maintained home on 5 acres just minutes from downtown Grayling! This 2-bedroom...	2 beds \| 1 baths \| 2,160 sq.ft.	$280,000	Airbnb cash on cash: 0.66% Traditional cash on cash: 3.34% Airbnb Rental Income: $1195 Traditional Rental Income: $1514 Airbnb ROI: 0.66% Traditional ROI: 3.34%
7286 Smith Trail Grayling, MI Great 10 acre parcel secluded in Lovells Township. This 3 bedroom, 2 bath home has a lot t...	3 beds \| 2 baths \| 1,542 sq.ft.	$199,000	Airbnb cash on cash: 1.9% Traditional cash on cash: 8.89% Airbnb Rental Income: $1233 Traditional Rental Income: $2158 Airbnb ROI: 1.9% Traditional ROI: 8.89%
2706 NEWATCH AVENUE Grayling, MI Welcome to your dream getaway! Nestled along the pristine Au Sable River, this beautifully...	2 beds \| 1 baths \| 945 sq.ft.	$245,000	Airbnb cash on cash: 1.7% Traditional cash on cash: 4.54% Airbnb Rental Income: $1195 Traditional Rental Income: $1464 Airbnb ROI: 1.7% Traditional ROI: 4.54%
14628 Club Circle Grayling, MI A classic cottage on a classic setting on the pristine waters of the Manistee River in the...	3 beds \| 1 baths \| 1,180 sq.ft.	$299,900	Airbnb cash on cash: 1.17% Traditional cash on cash: 4.54% Airbnb Rental Income: $1233 Traditional Rental Income: $1791 Airbnb ROI: 1.17% Traditional ROI: 4.54%
1952 S Stephan Bridge Road Grayling, MI Fabulous Cabin Retreat Near the Au Sable River! Looking for the perfect Up North getaway? ...	2 beds \| 1 baths \| 1,160 sq.ft.	$189,900	Airbnb cash on cash: 2.7% Traditional cash on cash: 7.01% Airbnb Rental Income: $1195 Traditional Rental Income: $1584 Airbnb ROI: 2.7% Traditional ROI: 7.01%
8994 S Oak Grayling, MI 5 bedrooms, 3 bathrooms with over 3,600sq ft on just over an acre. 30x40 pole barn plenty ...	5 beds \| 3 baths \| 3,652 sq.ft.	$350,000	Airbnb cash on cash: 1.83% Traditional cash on cash: 8.05% Airbnb Rental Income: $1716 Traditional Rental Income: $3284 Airbnb ROI: 1.83% Traditional ROI: 8.05%
10032 Washington Grayling, MI Amazing, immaculate ranch just a short walk to Lake Margrethe, DNR boat launch& only 4 mil...	3 beds \| 3 baths \| 1,716 sq.ft.	$312,000	Airbnb cash on cash: 0.02% Traditional cash on cash: 5.61% Airbnb Rental Income: $1233 Traditional Rental Income: $2480 Airbnb ROI: 0.02% Traditional ROI: 5.61%
705 Plum Street Grayling, MI Grayling Fixer-Upper - Prime In-Town Location Near Schools! Opportunity knocks in the hear...	2 beds \| 1 baths \| 832 sq.ft.	$115,000	Airbnb cash on cash: 4.72% Traditional cash on cash: 9.59% Airbnb Rental Income: $1195 Traditional Rental Income: $1348 Airbnb ROI: 4.72% Traditional ROI: 9.59%

Your search for investment property begins and ends here

Single Family Homes for Sale in Grayling, MI

4642 W Five Mile Road

Grayling, MI

3 beds | 2 baths | 2,240 sq.ft.

$275,000

Airbnb cash on cash: 0.35%

Traditional cash on cash: 6.75%

Airbnb Rental Income: $1233

Traditional Rental Income: $2498

Airbnb ROI: 0.35%

Traditional ROI: 6.75%

11208 RED DOG TRAIL

Grayling, MI

2 beds | 2 baths | 1,465 sq.ft.

$800,000

Airbnb cash on cash: -0.65%

Traditional cash on cash: 1.27%

Airbnb Rental Income: $1195

Traditional Rental Income: $2236

Airbnb ROI: -0.65%

Traditional ROI: 1.27%

3126 S Portage Avenue

Grayling, MI

4 beds | 2 baths | 1,885 sq.ft.

$549,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.12%

Airbnb Rental Income: $null

Traditional Rental Income: $2799

Airbnb ROI: N/A

Traditional ROI: 3.12%

403 Erie Street

Grayling, MI

4 beds | 1 baths | 1,650 sq.ft.

$225,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.21%

Airbnb Rental Income: $null

Traditional Rental Income: $1784

Airbnb ROI: N/A

Traditional ROI: 6.21%

2493 S Horseshoe Trail

Grayling, MI

3 beds | 1 baths | 1,078 sq.ft.

$199,900

Airbnb cash on cash: 2.2%

Traditional cash on cash: 5.87%

Airbnb Rental Income: $1233

Traditional Rental Income: $1534

Airbnb ROI: 2.2%

Traditional ROI: 5.87%

602 MAPLE ST

Grayling, MI

N/A beds | N/A baths | N/A

$365,000

Airbnb cash on cash: -2.63%

Traditional cash on cash: -0.21%

Airbnb Rental Income: $293

Traditional Rental Income: $884

Airbnb ROI: -2.63%

Traditional ROI: -0.21%

3014 E N Down River Road

Grayling, MI

3 beds | 2 baths | 1,144 sq.ft.

$169,900

Airbnb cash on cash: 2.95%

Traditional cash on cash: 8.21%

Airbnb Rental Income: $1233

Traditional Rental Income: $1691

Airbnb ROI: 2.95%

Traditional ROI: 8.21%

5477 and 5466 Pershing Place

Grayling, MI

3 beds | 2 baths | 990 sq.ft.

$799,000

Airbnb cash on cash: -1.53%

Traditional cash on cash: -0.14%

Airbnb Rental Income: $1233

Traditional Rental Income: $1869

Airbnb ROI: -1.53%