Real Estate Investment Properties for Sale in Houghton Lake, MI

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

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

Search for Single Family Residential for Sale in Houghton Lake, 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 28 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
8589 East Houghton Lake Drive Houghton Lake, MI Beautiful lakefront home on Houghton Lake's quiet north shore, offering 84 feet of pristin...	3 beds \| 2 baths \| N/A	$539,000	Airbnb cash on cash: -1.1% Traditional cash on cash: 2.81% Airbnb Rental Income: $1204 Traditional Rental Income: $2784 Airbnb ROI: -1.1% Traditional ROI: 2.81%
108 Desoto Avenue Houghton Lake, MI This charming 2-bedroom, 1-bath home is the perfect fit for a weekend getaway, first-time ...	2 beds \| 1 baths \| N/A	$129,900	Airbnb cash on cash: 0.19% Traditional cash on cash: 9.36% Airbnb Rental Income: $743 Traditional Rental Income: $1576 Airbnb ROI: 0.19% Traditional ROI: 9.36%
105 Marigold Lane Houghton Lake, MI Welcome to this beautifully updated 3-bedroom, 2-bath, 2000 sq. ft. site-built home locate...	3 beds \| 2 baths \| 2,000 sq.ft.	$299,000	Airbnb cash on cash: 1.06% Traditional cash on cash: 7.79% Airbnb Rental Income: $1204 Traditional Rental Income: $2709 Airbnb ROI: 1.06% Traditional ROI: 7.79%
2385 W Houghton Lake Drive Houghton Lake, MI Discover your perfect retreat. This spacious home boasts 2423 sq ft of comfortable living ...	4 beds \| 2 baths \| 2,423 sq.ft.	$365,000	Airbnb cash on cash: 0.25% Traditional cash on cash: 4.15% Airbnb Rental Income: $1480 Traditional Rental Income: $2380 Airbnb ROI: 0.25% Traditional ROI: 4.15%
2457 S Townline Road Houghton Lake, MI Welcome to relaxed lake-life living on Houghton Lake! This cozy and comfortable 3-bedroom,...	3 beds \| 3 baths \| 768 sq.ft.	$279,900	Airbnb cash on cash: 0.09% Traditional cash on cash: 6.13% Airbnb Rental Income: $1204 Traditional Rental Income: $2407 Airbnb ROI: 0.09% Traditional ROI: 6.13%
207 BUTTERFIELD Lane Houghton Lake, MI HOUGHTON LAKE area! Easy 3 minute ride to the sandy south shore. Charming ranch home in a ...	3 beds \| 1 baths \| 1,100 sq.ft.	$164,900	Airbnb cash on cash: 2.54% Traditional cash on cash: 9.05% Airbnb Rental Income: $1204 Traditional Rental Income: $1838 Airbnb ROI: 2.54% Traditional ROI: 9.05%
10360 West Shore Drive Houghton Lake, MI Private Waterfront Home, RV Park and rentals with approx. 200 feet of water frontage and t...	2 beds \| 2 baths \| 1,800 sq.ft.	$1,500,000	Airbnb cash on cash: -2.29% Traditional cash on cash: -0.32% Airbnb Rental Income: $743 Traditional Rental Income: $3172 Airbnb ROI: -2.29% Traditional ROI: -0.32%
5490 S Harrison Road Houghton Lake, MI This incredible 46-acre property truly has it all: a beautiful setting, multiple outbuildi...	2 beds \| N/A baths \| 1 sq.ft.	$379,900	Airbnb cash on cash: -0.71% Traditional cash on cash: 4.6% Airbnb Rental Income: $743 Traditional Rental Income: $2321 Airbnb ROI: -0.71% Traditional ROI: 4.6%
103 Grand Rapids Road Road Houghton Lake, MI The perfect opportunity for lake living! This property sits on calmer west side of Houghto...	2 beds \| 1 baths \| 960 sq.ft.	$129,000	Airbnb cash on cash: 0.42% Traditional cash on cash: 8.96% Airbnb Rental Income: $743 Traditional Rental Income: $1489 Airbnb ROI: 0.42% Traditional ROI: 8.96%
5407 W Houghton Lake Drive Houghton Lake, MI Looking to become a landlord and start profiting from real estate? Excellent income opport...	3 beds \| N/A baths \| N/A	$170,000	Airbnb cash on cash: 2.22% Traditional cash on cash: 5.97% Airbnb Rental Income: $1204 Traditional Rental Income: $1422 Airbnb ROI: 2.22% Traditional ROI: 5.97%
12320 E Houghton Lake Drive Houghton Lake, MI Land Contract Terms Available! Fully remodeled home with large garage and views of gorgeou...	3 beds \| 1 baths \| 1,390 sq.ft.	$174,900	Airbnb cash on cash: 2.6% Traditional cash on cash: 9.63% Airbnb Rental Income: $1204 Traditional Rental Income: $1985 Airbnb ROI: 2.6% Traditional ROI: 9.63%
103 Beech Houghton Lake, MI Charming Up North Retreat with Room to Grow â Views of Houghton Lake and Six Spacious Lo...	2 beds \| 1 baths \| 760 sq.ft.	$119,900	Airbnb cash on cash: 1.3% Traditional cash on cash: 11.4% Airbnb Rental Income: $743 Traditional Rental Income: $1599 Airbnb ROI: 1.3% Traditional ROI: 11.4%
10090 Snowbowl Houghton Lake, MI Tucked deep within a forested landscape, this inviting woodland hideaway sits on 15 acres ...	2 beds \| 1 baths \| 1,650 sq.ft.	$310,000	Airbnb cash on cash: -0.32% Traditional cash on cash: 4.23% Airbnb Rental Income: $743 Traditional Rental Income: $1758 Airbnb ROI: -0.32% Traditional ROI: 4.23%
119 Wilson Avenue Houghton Lake, MI Lakefront cottage with 50 feet of beautiful frontage on Houghton Lake's peaceful southwest...	2 beds \| 1 baths \| 800 sq.ft.	$389,000	Airbnb cash on cash: -1.6% Traditional cash on cash: 1.57% Airbnb Rental Income: $743 Traditional Rental Income: $1586 Airbnb ROI: -1.6% Traditional ROI: 1.57%
1673 Goldenrod Drive Houghton Lake, MI MOTIVATED SELLER!!! Seller is offering a $2,500 flooring credit to Buyer. Welcome to your ...	3 beds \| 2 baths \| 1,250 sq.ft.	$179,900	Airbnb cash on cash: 2.7% Traditional cash on cash: 10.65% Airbnb Rental Income: $1204 Traditional Rental Income: $2175 Airbnb ROI: 2.7% Traditional ROI: 10.65%
3441 N Townline Road Houghton Lake, MI Ready to escape the ordinary? This completely renovated home on 8+ acres is your ticket to...	3 beds \| 2 baths \| 1,945 sq.ft.	$429,900	Airbnb cash on cash: 0.42% Traditional cash on cash: 4.95% Airbnb Rental Income: $1204 Traditional Rental Income: $2639 Airbnb ROI: 0.42% Traditional ROI: 4.95%
6698 Birdsong Road Houghton Lake, MI A great Barndominium located on 10 wooded acres in the country on a secluded, peaceful, qu...	1 beds \| 1 baths \| 900 sq.ft.	$329,900	Airbnb cash on cash: -0.13% Traditional cash on cash: 4.17% Airbnb Rental Income: $718 Traditional Rental Income: $1743 Airbnb ROI: -0.13% Traditional ROI: 4.17%
204 Elm Houghton Lake, MI Freshly renovated 2-bedroom, 1-bath home on over 1/3 of an acre (3 lots combined)! Updates...	2 beds \| 1 baths \| 1,226 sq.ft.	$119,900	Airbnb cash on cash: 0.41% Traditional cash on cash: 11.37% Airbnb Rental Income: $743 Traditional Rental Income: $1697 Airbnb ROI: 0.41% Traditional ROI: 11.37%
6351 W Emery Road Houghton Lake, MI NEW PRICE! 10 awesome secluded acres in Houghton Lake, perfect for someone wanting to just...	2 beds \| 1 baths \| 1,056 sq.ft.	$289,000	Airbnb cash on cash: -1.28% Traditional cash on cash: 3.1% Airbnb Rental Income: $743 Traditional Rental Income: $1624 Airbnb ROI: -1.28% Traditional ROI: 3.1%
13510 W Shore Drive Houghton Lake, MI Escape to waterfront living with this 1BR, 1BA home plus multi-purpose room that can serve...	1 beds \| 1 baths \| 1,250 sq.ft.	$229,900	Airbnb cash on cash: -0.69% Traditional cash on cash: 6.64% Airbnb Rental Income: $718 Traditional Rental Income: $2003 Airbnb ROI: -0.69% Traditional ROI: 6.64%
4860 W Houghton Lk Houghton Lake, MI This beautiful 3-bedroom, 2.5-bath home offers shared water frontage on Houghton LakeâM...	3 beds \| 3 baths \| 2,187 sq.ft.	$659,900	Airbnb cash on cash: -1.3% Traditional cash on cash: 3.06% Airbnb Rental Income: $1204 Traditional Rental Income: $3495 Airbnb ROI: -1.3% Traditional ROI: 3.06%
106 Lakeview Houghton Lake, MI Charming 2-bedroom, 1-bath home on a nice-sized lotâfully furnished with everything you ...	2 beds \| 1 baths \| 877 sq.ft.	$149,000	Airbnb cash on cash: 0.11% Traditional cash on cash: 8.68% Airbnb Rental Income: $743 Traditional Rental Income: $1652 Airbnb ROI: 0.11% Traditional ROI: 8.68%
1254 E Federal Ave Houghton Lake, MI Just the Right Price, Just the Right Place! This charming home offers the perfect blend of...	2 beds \| 1 baths \| 1,100 sq.ft.	$230,000	Airbnb cash on cash: 0.02% Traditional cash on cash: 7.18% Airbnb Rental Income: $743 Traditional Rental Income: $1987 Airbnb ROI: 0.02% Traditional ROI: 7.18%
6545 W Emery Houghton Lake, MI Tucked away at the end of a long, private driveway, this 2-bedroom, 1-bathroom home offers...	2 beds \| 1 baths \| 1,100 sq.ft.	$259,900	Airbnb cash on cash: -0.17% Traditional cash on cash: 4.77% Airbnb Rental Income: $743 Traditional Rental Income: $1641 Airbnb ROI: -0.17% Traditional ROI: 4.77%
6653 Dove Tail Houghton Lake, MI Welcome home to this beautiful and spacious property set on more than an acre of peaceful,...	3 beds \| 2 baths \| 1,800 sq.ft.	$189,000	Airbnb cash on cash: 1.74% Traditional cash on cash: 11.54% Airbnb Rental Income: $1204 Traditional Rental Income: $2575 Airbnb ROI: 1.74% Traditional ROI: 11.54%
105 Northern Oaks Drive Houghton Lake, MI Welcome to 105 Northern Oaks Drive, a spacious 3-bedroom, 2-bath ranch nestled in one of H...	3 beds \| 2 baths \| 1,480 sq.ft.	$209,900	Airbnb cash on cash: 2.04% Traditional cash on cash: 9.81% Airbnb Rental Income: $1204 Traditional Rental Income: $2360 Airbnb ROI: 2.04% Traditional ROI: 9.81%
101 Winding Drive Houghton Lake, MI This elegant home brings open, modern living together with plenty of personal space (5 bed...	5 beds \| 2 baths \| 1,500 sq.ft.	$265,000	Airbnb cash on cash: 8.56% Traditional cash on cash: 7.49% Airbnb Rental Income: $3629 Traditional Rental Income: $2569 Airbnb ROI: 8.56% Traditional ROI: 7.49%
1107 Shoreline Drive Houghton Lake, MI Four bedroom, two bathroom home with two gorgeous views of Lake Houghton. Updated in 2019 ...	4 beds \| 2 baths \| 1,376 sq.ft.	$247,000	Airbnb cash on cash: 2.52% Traditional cash on cash: 9.03% Airbnb Rental Income: $1480 Traditional Rental Income: $2563 Airbnb ROI: 2.52% Traditional ROI: 9.03%

Your search for investment property begins and ends here

Single Family Homes for Sale in Houghton Lake, MI

8589 East Houghton Lake Drive

Houghton Lake, MI

3 beds | 2 baths | N/A

$539,000

Airbnb cash on cash: -1.1%

Traditional cash on cash: 2.81%

Airbnb Rental Income: $1204

Traditional Rental Income: $2784

Airbnb ROI: -1.1%

Traditional ROI: 2.81%

108 Desoto Avenue

Houghton Lake, MI

2 beds | 1 baths | N/A

$129,900

Airbnb cash on cash: 0.19%

Traditional cash on cash: 9.36%

Airbnb Rental Income: $743

Traditional Rental Income: $1576

Airbnb ROI: 0.19%

Traditional ROI: 9.36%

105 Marigold Lane

Houghton Lake, MI

3 beds | 2 baths | 2,000 sq.ft.

$299,000

Airbnb cash on cash: 1.06%

Traditional cash on cash: 7.79%

Airbnb Rental Income: $1204

Traditional Rental Income: $2709

Airbnb ROI: 1.06%

Traditional ROI: 7.79%

2385 W Houghton Lake Drive

Houghton Lake, MI

4 beds | 2 baths | 2,423 sq.ft.

$365,000

Airbnb cash on cash: 0.25%

Traditional cash on cash: 4.15%

Airbnb Rental Income: $1480

Traditional Rental Income: $2380

Airbnb ROI: 0.25%

Traditional ROI: 4.15%

2457 S Townline Road

Houghton Lake, MI

3 beds | 3 baths | 768 sq.ft.

$279,900

Airbnb cash on cash: 0.09%

Traditional cash on cash: 6.13%

Airbnb Rental Income: $1204

Traditional Rental Income: $2407

Airbnb ROI: 0.09%

Traditional ROI: 6.13%

207 BUTTERFIELD Lane

Houghton Lake, MI

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

$164,900

Airbnb cash on cash: 2.54%

Traditional cash on cash: 9.05%

Airbnb Rental Income: $1204

Traditional Rental Income: $1838

Airbnb ROI: 2.54%

Traditional ROI: 9.05%

10360 West Shore Drive

Houghton Lake, MI

2 beds | 2 baths | 1,800 sq.ft.

$1,500,000

Airbnb cash on cash: -2.29%

Traditional cash on cash: -0.32%

Airbnb Rental Income: $743

Traditional Rental Income: $3172

Airbnb ROI: -2.29%

Traditional ROI: -0.32%

5490 S Harrison Road

Houghton Lake, MI

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

$379,900

Airbnb cash on cash: -0.71%

Traditional cash on cash: 4.6%

Airbnb Rental Income: $743

Traditional Rental Income: $2321

Airbnb ROI: -0.71%