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 104 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
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%
6972 W Seven Mile Rd Grayling, MI Set on 35 pristine acres of mixed hardwoods and evergreens, this serene property offers ab...	2 beds \| 1 baths \| 960 sq.ft.	$300,000	Airbnb cash on cash: 1.57% Traditional cash on cash: 2.9% Airbnb Rental Income: $1726 Traditional Rental Income: $1624 Airbnb ROI: 1.57% Traditional ROI: 2.9%
107 Vilas St Grayling, MI Perfect first home for a small family. Modern updates creates a cute a cozy feel. Two bedr...	2 beds \| 1 baths \| 1,000 sq.ft.	$185,000	Airbnb cash on cash: 4.06% Traditional cash on cash: 3.41% Airbnb Rental Income: $1726 Traditional Rental Income: $1135 Airbnb ROI: 4.06% Traditional ROI: 3.41%
1880 Cherry Creek Trl Grayling, MI Welcome to your up north getaway in beautiful Grayling, Michigan. This fully furnished cab...	3 beds \| 1 baths \| 1,852 sq.ft.	$382,000	Airbnb cash on cash: 1.76% Traditional cash on cash: 5.57% Airbnb Rental Income: $1553 Traditional Rental Income: $2471 Airbnb ROI: 1.76% Traditional ROI: 5.57%
6252 Old Lake Rd Grayling, MI Charming 2-3 bedroom home with real wood interior, updated kitchen and bath. SS appliances...	3 beds \| 1 baths \| 1,050 sq.ft.	$169,000	Airbnb cash on cash: 4.87% Traditional cash on cash: 7.68% Airbnb Rental Income: $1553 Traditional Rental Income: $1557 Airbnb ROI: 4.87% Traditional ROI: 7.68%
301 Madsen St Grayling, MI Completely Renovated and Move-In Ready! This stunning 2-bedroom, 1-bath home has been tran...	2 beds \| 1 baths \| 848 sq.ft.	$149,900	Airbnb cash on cash: 6.5% Traditional cash on cash: 7.51% Airbnb Rental Income: $1726 Traditional Rental Income: $1394 Airbnb ROI: 6.5% Traditional ROI: 7.51%
2498 W Five Mile Rd Grayling, MI CABIN WITH 60.5 ACRES WITH STATE LAND ON 2 SIDES. POLE BARN 30 x 40 with electric. Hunters...	1 beds \| 1 baths \| 845 sq.ft.	$325,000	Airbnb cash on cash: -0.48% Traditional cash on cash: 1.92% Airbnb Rental Income: $750 Traditional Rental Income: $1171 Airbnb ROI: -0.48% Traditional ROI: 1.92%
2969 Cambay Trl 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.	$145,000	Airbnb cash on cash: 5.16% Traditional cash on cash: 7.71% Airbnb Rental Income: $1553 Traditional Rental Income: $1460 Airbnb ROI: 5.16% Traditional ROI: 7.71%
2706 Newatch Ave Grayling, MI Welcome to your dream getaway! Nestled along the pristine Au Sable River, this beautifully...	2 beds \| 1 baths \| 945 sq.ft.	$219,000	Airbnb cash on cash: 4.15% Traditional cash on cash: 5.18% Airbnb Rental Income: $1726 Traditional Rental Income: $1464 Airbnb ROI: 4.15% Traditional ROI: 5.18%
3935 Tara Ln Grayling, MI MOIVATED SELLER! This stunning rustic home is Timber Frame construction boasting 4100 sf o...	2 beds \| 3 baths \| 4,100 sq.ft.	$449,000	Airbnb cash on cash: 1.04% Traditional cash on cash: 5.57% Airbnb Rental Income: $1726 Traditional Rental Income: $3151 Airbnb ROI: 1.04% Traditional ROI: 5.57%
935 Robinhood Ln Grayling, MI Custom saltbox home with a full finished basement and plenty of extras. The fenced backyar...	3 beds \| 2 baths \| 3,439 sq.ft.	$375,000	Airbnb cash on cash: 1.8% Traditional cash on cash: 4.54% Airbnb Rental Income: $1553 Traditional Rental Income: $2068 Airbnb ROI: 1.8% Traditional ROI: 4.54%
2894 White Pine Dr Grayling, MI Nestled just minutes from the crystal-clear Manistee River, this updated 2 bed, 2 bath hom...	2 beds \| 2 baths \| 970 sq.ft.	$119,900	Airbnb cash on cash: 8.07% Traditional cash on cash: 10.85% Airbnb Rental Income: $1726 Traditional Rental Income: $1571 Airbnb ROI: 8.07% Traditional ROI: 10.85%
2200 Daffodil Trl Grayling, MI Large family home located on a square 10 acre parcel in Maple Forest. This home is just un...	3 beds \| 2 baths \| 1,700 sq.ft.	$279,900	Airbnb cash on cash: 2.18% Traditional cash on cash: 6.71% Airbnb Rental Income: $1553 Traditional Rental Income: $2302 Airbnb ROI: 2.18% Traditional ROI: 6.71%
4079 W Pinecrest Rd Grayling, MI 4079 W Pinecrest Rd, Grayling, MI 49738 \| Single Family Residential	3 beds \| 1 baths \| 1,056 sq.ft.	$144,900	Airbnb cash on cash: 4.78% Traditional cash on cash: 5.32% Airbnb Rental Income: $1553 Traditional Rental Income: $1180 Airbnb ROI: 4.78% Traditional ROI: 5.32%
2698 Newatch Ave Grayling, MI 2698 Newatch Ave, Grayling, MI 49738 \| Single Family Residential	3 beds \| 1 baths \| 1,056 sq.ft.	$275,000	Airbnb cash on cash: 1.38% Traditional cash on cash: 1.67% Airbnb Rental Income: $1553 Traditional Rental Income: $1180 Airbnb ROI: 1.38% Traditional ROI: 1.67%
9246 Outing Pl Grayling, MI 9246 Outing Pl, Grayling, MI 49738 \| Single Family Residential	2 beds \| 2 baths \| 1,017 sq.ft.	$350,000	Airbnb cash on cash: 0.99% Traditional cash on cash: 2.54% Airbnb Rental Income: $1726 Traditional Rental Income: $1756 Airbnb ROI: 0.99% Traditional ROI: 2.54%
1205 E Michigan Ave Grayling, MI 1205 E Michigan Ave, Grayling, MI 49738 \| Single Family Residential	3 beds \| 2 baths \| 2,240 sq.ft.	$235,000	Airbnb cash on cash: 2.03% Traditional cash on cash: 6.4% Airbnb Rental Income: $1553 Traditional Rental Income: $2076 Airbnb ROI: 2.03% Traditional ROI: 6.4%
5973 W M-72 Hwy #16 Acres Grayling, MI 5973 W M-72 Hwy, Grayling, MI 49738 \| Single Family Residential	7 beds \| 5 baths \| 836 sq.ft.	$850,000	Airbnb cash on cash: -0.79% Traditional cash on cash: -1.62% Airbnb Rental Income: $1990 Traditional Rental Income: $816 Airbnb ROI: -0.79% Traditional ROI: -1.62%
1836 Dennis Trl Grayling, MI 1836 Dennis Trl, Grayling, MI 49738 \| Single Family Residential	4 beds \| 2 baths \| 1,952 sq.ft.	$364,900	Airbnb cash on cash: 1.69% Traditional cash on cash: 2.97% Airbnb Rental Income: $2071 Traditional Rental Income: $1973 Airbnb ROI: 1.69% Traditional ROI: 2.97%
3145 Timberlane Trl Grayling, MI 3145 Timberlane Trl, Grayling, MI 49738 \| Single Family Residential	3 beds \| 2 baths \| 1,820 sq.ft.	$235,000	Airbnb cash on cash: 1.93% Traditional cash on cash: 5.92% Airbnb Rental Income: $1553 Traditional Rental Income: $1990 Airbnb ROI: 1.93% Traditional ROI: 5.92%
2916 N Portage Ave Grayling, MI MOTIVATED Seller & NEW PRICE! Amazing Lake Margrethe cottage with 50' directly on the lake...	3 beds \| 2 baths \| 2,250 sq.ft.	$489,000	Airbnb cash on cash: -0.32% Traditional cash on cash: 1.8% Airbnb Rental Income: $1553 Traditional Rental Income: $2071 Airbnb ROI: -0.32% Traditional ROI: 1.8%
7 Timber Trail Grayling, MI Is there a 3-bed ranch home in The Oaks of Tyrone with a wide open layout and luxury finis...	4 beds \| 3 baths \| 2,300 sq.ft.	$825,222	Airbnb cash on cash: -0.94% Traditional cash on cash: 0.98% Airbnb Rental Income: $2071 Traditional Rental Income: $3008 Airbnb ROI: -0.94% Traditional ROI: 0.98%
9143 N Lake Shore Dr Grayling, MI TURN-KEY! How about owning a lakehouse cottage & not have to buy a single thing extra? I m...	2 beds \| 1 baths \| 1,084 sq.ft.	$428,900	Airbnb cash on cash: 1% Traditional cash on cash: 1.89% Airbnb Rental Income: $1726 Traditional Rental Income: $1609 Airbnb ROI: 1% Traditional ROI: 1.89%
3680 E M-72 Hwy Grayling, MI A rural 7.27-acre wooded paradise awaits the next lucky owner! This year-round, quality-bu...	2 beds \| 1 baths \| 1,340 sq.ft.	$220,000	Airbnb cash on cash: 3.66% Traditional cash on cash: 4.78% Airbnb Rental Income: $1726 Traditional Rental Income: $1483 Airbnb ROI: 3.66% Traditional ROI: 4.78%

Your search for investment property begins and ends here

Single Family Homes for Sale in Grayling, MI

719 Wright Rd

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%

8085 Collen Ave

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%

2488 S Horseshoe Trl

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%

1065 S Mcmasters Bridge Rd

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%

5731 Wellington Way

Grayling, MI

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

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

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

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%