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 31 Single Family Residential listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
3145 Timberlane Trail Grayling, MI This home offers the charm of country living with the amenities of a resort community. Spa...	3 beds \| 2 baths \| 1,820 sq.ft.	$210,000	Airbnb cash on cash: 0.97% Traditional cash on cash: 10.85% Airbnb Rental Income: $1035 Traditional Rental Income: $2639 Airbnb ROI: 0.97% Traditional ROI: 10.85%
610 Spruce Street Grayling, MI Long terms tenants looking to stay. Duplex has two 1 bedroom/1 bath units with laundry hoo...	2 beds \| N/A baths \| 920 sq.ft.	$167,000	Airbnb cash on cash: 2.68% Traditional cash on cash: 6.59% Airbnb Rental Income: $1211 Traditional Rental Income: $1442 Airbnb ROI: 2.68% Traditional ROI: 6.59%
6364 Atkinson Road Grayling, MI Discover this charming ranch home nestled on a spacious lot, this property offers a seamle...	3 beds \| 1 baths \| 780 sq.ft.	$149,000	Airbnb cash on cash: 1.98% Traditional cash on cash: 8.42% Airbnb Rental Income: $1035 Traditional Rental Income: $1591 Airbnb ROI: 1.98% Traditional ROI: 8.42%
8530 W Matilda Drive Grayling, MI Great home in a great location! Access to Lake Margrethe within walking distance! Natural ...	2 beds \| 1 baths \| 768 sq.ft.	$179,900	Airbnb cash on cash: 3.2% Traditional cash on cash: 6.64% Airbnb Rental Income: $1211 Traditional Rental Income: $1410 Airbnb ROI: 3.2% Traditional ROI: 6.64%
11208 Red Dog Trail Grayling, MI This extraordinary 20-acre estate encompasses the legendary Devilâs Elbow of the Au Sabl...	2 beds \| N/A baths \| 1,351 sq.ft.	$755,000	Airbnb cash on cash: -0.61% Traditional cash on cash: 1.4% Airbnb Rental Income: $1211 Traditional Rental Income: $2236 Airbnb ROI: -0.61% Traditional ROI: 1.4%
11818 Crapo Lake Road Grayling, MI Adventure out front, comfort inside. Fresh and completely renovated 3BR/2BA home where mod...	3 beds \| 2 baths \| 1,304 sq.ft.	$189,000	Airbnb cash on cash: 1.9% Traditional cash on cash: 6.7% Airbnb Rental Income: $1035 Traditional Rental Income: $1536 Airbnb ROI: 1.9% Traditional ROI: 6.7%
155 Tamarack Circle Grayling, MI This three-bedroom, 1 bath home is located in Manistee River Woods off Arrowhead Rd which ...	3 beds \| 1 baths \| 1,100 sq.ft.	$127,500	Airbnb cash on cash: 2.79% Traditional cash on cash: 11.14% Airbnb Rental Income: $1035 Traditional Rental Income: $1698 Airbnb ROI: 2.79% Traditional ROI: 11.14%
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.	$220,000	Airbnb cash on cash: 1.68% Traditional cash on cash: 6.37% Airbnb Rental Income: $1195 Traditional Rental Income: $1784 Airbnb ROI: 1.68% Traditional ROI: 6.37%
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: -2.84% Traditional cash on cash: -0.21% Airbnb Rental Income: $210 Traditional Rental Income: $884 Airbnb ROI: -2.84% Traditional ROI: -0.21%
120 West Drive Grayling, MI Beautifully maintained 3 bedroom, 2.5 bathroom home in a quiet neighborhood, with a very p...	3 beds \| N/A baths \| 1,640 sq.ft.	$265,000	Airbnb cash on cash: 0.88% Traditional cash on cash: 5.26% Airbnb Rental Income: $1035 Traditional Rental Income: $1769 Airbnb ROI: 0.88% Traditional ROI: 5.26%
15983 Snay Drive SE Grayling, MI Step into easy main-floor living with this 3 bed/2 bath ranch-style log home, perfectly bl...	3 beds \| 2 baths \| 1,545 sq.ft.	$285,000	Airbnb cash on cash: 0.71% Traditional cash on cash: 5.29% Airbnb Rental Income: $1035 Traditional Rental Income: $1903 Airbnb ROI: 0.71% Traditional ROI: 5.29%
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.	$749,000	Airbnb cash on cash: -1.7% Traditional cash on cash: 0.01% Airbnb Rental Income: $1035 Traditional Rental Income: $1869 Airbnb ROI: -1.7% Traditional ROI: 0.01%
5589 Pershing Place Grayling, MI Nestled amidst the serene nature of the AuSable River lies another remarkable Royal Stag p...	4 beds \| 2 baths \| 1,176 sq.ft.	$799,000	Airbnb cash on cash: -1.57% Traditional cash on cash: 0.25% Airbnb Rental Income: $1195 Traditional Rental Income: $2161 Airbnb ROI: -1.57% Traditional ROI: 0.25%
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: 1.47% Traditional cash on cash: 8.07% Airbnb Rental Income: $1195 Traditional Rental Income: $2590 Airbnb ROI: 1.47% 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: 2.79% Traditional cash on cash: 7.56% Airbnb Rental Income: $1211 Traditional Rental Income: $1636 Airbnb ROI: 2.79% Traditional ROI: 7.56%
5844 Keipinger Trail Grayling, MI This exceptional home offers peace of mind and plenty of space, both inside and out. Situa...	3 beds \| 2 baths \| 1,352 sq.ft.	$209,000	Airbnb cash on cash: 1.37% Traditional cash on cash: 8.49% Airbnb Rental Income: $1035 Traditional Rental Income: $2083 Airbnb ROI: 1.37% Traditional ROI: 8.49%
701 Chestnut Street Grayling, MI Perfectly preserved early 20th Century craftsmanship of bounds in this beautiful classic h...	5 beds \| N/A baths \| 2,250 sq.ft.	$260,000	Airbnb cash on cash: 2.13% Traditional cash on cash: 8.26% Airbnb Rental Income: $1587 Traditional Rental Income: $2639 Airbnb ROI: 2.13% 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.	$225,000	Airbnb cash on cash: 1.99% Traditional cash on cash: 5.28% Airbnb Rental Income: $1211 Traditional Rental Income: $1520 Airbnb ROI: 1.99% Traditional ROI: 5.28%
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.	$1,249,000	Airbnb cash on cash: -0.44% Traditional cash on cash: 2.23% Airbnb Rental Income: $1587 Traditional Rental Income: $4232 Airbnb ROI: -0.44% Traditional ROI: 2.23%
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: 1.08% Traditional cash on cash: 10.71% Airbnb Rental Income: $1035 Traditional Rental Income: $2652 Airbnb ROI: 1.08% 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: -0.9% Traditional cash on cash: 1.42% Airbnb Rental Income: $600 Traditional Rental Income: $1171 Airbnb ROI: -0.9% 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: 1.95% Traditional cash on cash: 7.43% Airbnb Rental Income: $1035 Traditional Rental Income: $1460 Airbnb ROI: 1.95% 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: 0.71% Traditional cash on cash: 3.34% Airbnb Rental Income: $1211 Traditional Rental Income: $1514 Airbnb ROI: 0.71% Traditional ROI: 3.34%
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: 1.76% Traditional cash on cash: 4.54% Airbnb Rental Income: $1211 Traditional Rental Income: $1464 Airbnb ROI: 1.76% 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: 0.58% Traditional cash on cash: 4.54% Airbnb Rental Income: $1035 Traditional Rental Income: $1791 Airbnb ROI: 0.58% 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.	$179,900	Airbnb cash on cash: 2.98% Traditional cash on cash: 7.44% Airbnb Rental Income: $1211 Traditional Rental Income: $1584 Airbnb ROI: 2.98% Traditional ROI: 7.44%
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: 1.51% Traditional cash on cash: 8.05% Airbnb Rental Income: $1587 Traditional Rental Income: $3284 Airbnb ROI: 1.51% Traditional ROI: 8.05%
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: 4.84% Traditional cash on cash: 9.59% Airbnb Rental Income: $1211 Traditional Rental Income: $1348 Airbnb ROI: 4.84% Traditional ROI: 9.59%
9008 Marsh Creek Trail Grayling, MI Welcome to your slice of paradise on the legendary Au Sable River, where adventure meets t...	2 beds \| 1 baths \| 576 sq.ft.	$300,000	Airbnb cash on cash: 0.65% Traditional cash on cash: 2.39% Airbnb Rental Income: $1211 Traditional Rental Income: $1312 Airbnb ROI: 0.65% Traditional ROI: 2.39%
2830 N Portage Avenue Grayling, MI Lake Margrethe, 50' of frontage is where you'll find this cute and cozy cabin. There is a ...	2 beds \| 1 baths \| 1,300 sq.ft.	$475,000	Airbnb cash on cash: -0.35% Traditional cash on cash: 1.98% Airbnb Rental Income: $1211 Traditional Rental Income: $1855 Airbnb ROI: -0.35% Traditional ROI: 1.98%
903 Ottawa Street Grayling, MI This two bedroom home would be the perfect starter home. Home sits on a corner lot with pl...	2 beds \| 1 baths \| 680 sq.ft.	$115,000	Airbnb cash on cash: 4.75% Traditional cash on cash: 8.45% Airbnb Rental Income: $1211 Traditional Rental Income: $1232 Airbnb ROI: 4.75% Traditional ROI: 8.45%

Your search for investment property begins and ends here

Single Family Homes for Sale in Grayling, MI

3145 Timberlane Trail

Grayling, MI

3 beds | 2 baths | 1,820 sq.ft.

$210,000

Airbnb cash on cash: 0.97%

Traditional cash on cash: 10.85%

Airbnb Rental Income: $1035

Traditional Rental Income: $2639

Airbnb ROI: 0.97%

Traditional ROI: 10.85%

610 Spruce Street

Grayling, MI

2 beds | N/A baths | 920 sq.ft.

$167,000

Airbnb cash on cash: 2.68%

Traditional cash on cash: 6.59%

Airbnb Rental Income: $1211

Traditional Rental Income: $1442

Airbnb ROI: 2.68%

Traditional ROI: 6.59%

6364 Atkinson Road

Grayling, MI

3 beds | 1 baths | 780 sq.ft.

$149,000

Airbnb cash on cash: 1.98%

Traditional cash on cash: 8.42%

Airbnb Rental Income: $1035

Traditional Rental Income: $1591

Airbnb ROI: 1.98%

Traditional ROI: 8.42%

8530 W Matilda Drive

Grayling, MI

2 beds | 1 baths | 768 sq.ft.

$179,900

Airbnb cash on cash: 3.2%

Traditional cash on cash: 6.64%

Airbnb Rental Income: $1211

Traditional Rental Income: $1410

Airbnb ROI: 3.2%

Traditional ROI: 6.64%

11208 Red Dog Trail

Grayling, MI

2 beds | N/A baths | 1,351 sq.ft.

$755,000

Airbnb cash on cash: -0.61%

Traditional cash on cash: 1.4%

Airbnb Rental Income: $1211

Traditional Rental Income: $2236

Airbnb ROI: -0.61%

Traditional ROI: 1.4%

11818 Crapo Lake Road

Grayling, MI

3 beds | 2 baths | 1,304 sq.ft.

$189,000

Airbnb cash on cash: 1.9%

Traditional cash on cash: 6.7%

Airbnb Rental Income: $1035

Traditional Rental Income: $1536

Airbnb ROI: 1.9%

Traditional ROI: 6.7%

155 Tamarack Circle

Grayling, MI

3 beds | 1 baths | 1,100 sq.ft.

$127,500

Airbnb cash on cash: 2.79%

Traditional cash on cash: 11.14%

Airbnb Rental Income: $1035

Traditional Rental Income: $1698

Airbnb ROI: 2.79%

Traditional ROI: 11.14%

403 Erie Street

Grayling, MI

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

$220,000

Airbnb cash on cash: 1.68%

Traditional cash on cash: 6.37%

Airbnb Rental Income: $1195

Traditional Rental Income: $1784

Airbnb ROI: 1.68%