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 24 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
125 Whitebirch Drive Houghton Lake, MI Welcome to this beautifully updated 3-bedroom, 2-bath home in the heart of Houghton Lake! ...	3 beds \| 2 baths \| 1,766 sq.ft.	$234,900	Airbnb cash on cash: 0.74% Traditional cash on cash: 9.2% Airbnb Rental Income: $921 Traditional Rental Income: $2458 Airbnb ROI: 0.74% Traditional ROI: 9.2%
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: -0.47% Traditional cash on cash: 4.15% Airbnb Rental Income: $1181 Traditional Rental Income: $2380 Airbnb ROI: -0.47% Traditional ROI: 4.15%
106 Tin Pan Alley Houghton Lake, MI Lovely Primary, Rental, or Vacation home, located seconds from Lake access at end of Road ...	2 beds \| 1 baths \| 760 sq.ft.	$175,000	Airbnb cash on cash: -0.82% Traditional cash on cash: 3.81% Airbnb Rental Income: $549 Traditional Rental Income: $1039 Airbnb ROI: -0.82% Traditional ROI: 3.81%
5490 S Harrison Road Houghton Lake, MI This incredible 46-acre property truly has it all: a beautiful setting, multiple outbuildi...	2 beds \| 2 baths \| 1 sq.ft.	$379,900	Airbnb cash on cash: -1.16% Traditional cash on cash: 4.6% Airbnb Rental Income: $549 Traditional Rental Income: $2321 Airbnb ROI: -1.16% Traditional ROI: 4.6%
3974 W Houghton Lake Drive #7 Houghton Lake, MI Well maintained cabin just steps away from the shared beachfront on beautiful Houghton Lak...	2 beds \| 1 baths \| 480 sq.ft.	$145,500	Airbnb cash on cash: -1.17% Traditional cash on cash: 7.63% Airbnb Rental Income: $549 Traditional Rental Income: $1494 Airbnb ROI: -1.17% Traditional ROI: 7.63%
3706 Country Court Houghton Lake, MI Nature, Privacy & Modern Comforts! Offered in the Country Settings Development Welcome to ...	3 beds \| 2 baths \| 1,255 sq.ft.	$399,900	Airbnb cash on cash: -1.27% Traditional cash on cash: 3.37% Airbnb Rental Income: $921 Traditional Rental Income: $2320 Airbnb ROI: -1.27% Traditional ROI: 3.37%
3441 N Townline Road Houghton Lake, MI Ready to escape the ordinary? This completely renovated home on 4+ acres is your ticket to...	3 beds \| 2 baths \| 1,611 sq.ft.	$410,000	Airbnb cash on cash: -0.12% Traditional cash on cash: 5.24% Airbnb Rental Income: $921 Traditional Rental Income: $2639 Airbnb ROI: -0.12% Traditional ROI: 5.24%
1750 S Loxley Road Houghton Lake, MI Tucked just off the main drag in Houghton Lake, this beautifully remodeled three-bedroom, ...	3 beds \| 1 baths \| 2 sq.ft.	$163,900	Airbnb cash on cash: 0.99% Traditional cash on cash: 9.37% Airbnb Rental Income: $921 Traditional Rental Income: $1889 Airbnb ROI: 0.99% Traditional ROI: 9.37%
10222 W Shore Drive Houghton Lake, MI Welcome to this charming 3-bedroom, 1-bath home in the highly sought-after Sun and Snow As...	3 beds \| 1 baths \| 1,280 sq.ft.	$299,900	Airbnb cash on cash: 0.24% Traditional cash on cash: 3.33% Airbnb Rental Income: $921 Traditional Rental Income: $1451 Airbnb ROI: 0.24% Traditional ROI: 3.33%
607 W Federal Houghton Lake, MI This well-maintained home is ideally located within walking distance of one of Michiganâ...	3 beds \| 1 baths \| 1,200 sq.ft.	$230,000	Airbnb cash on cash: 0.95% Traditional cash on cash: 6.7% Airbnb Rental Income: $921 Traditional Rental Income: $1830 Airbnb ROI: 0.95% Traditional ROI: 6.7%
5257/5259 W Houghton Lake Drive Houghton Lake, MI Rebuilt and beautifully renovated, this home offers stunning lake views of the South Shore...	5 beds \| 5 baths \| 2,680 sq.ft.	$550,000	Airbnb cash on cash: -0.38% Traditional cash on cash: 2.05% Airbnb Rental Income: $1665 Traditional Rental Income: $2448 Airbnb ROI: -0.38% Traditional ROI: 2.05%
6366 West Houghton Lake Drive Houghton Lake, MI Enjoy lake life without the upkeep! This 2-bedroom, 2-bath condo offers shared lakefront a...	2 beds \| 2 baths \| N/A	$114,900	Airbnb cash on cash: -0.98% Traditional cash on cash: 5.69% Airbnb Rental Income: $549 Traditional Rental Income: $1010 Airbnb ROI: -0.98% Traditional ROI: 5.69%
673 Goldenrod Drive Houghton Lake, MI Turn-key and ready for you! This beautifully maintained 2 bedroom, 2 bath home offers an i...	2 beds \| 2 baths \| 940 sq.ft.	$139,900	Airbnb cash on cash: -0.79% Traditional cash on cash: 10.15% Airbnb Rental Income: $549 Traditional Rental Income: $1736 Airbnb ROI: -0.79% Traditional ROI: 10.15%
106 Southview Houghton Lake, MI Well maintained 3BD/2BA home on 6 acres of hardwoods just over one mile from Houghton Lake...	3 beds \| 2 baths \| 2,695 sq.ft.	$325,000	Airbnb cash on cash: -0.23% Traditional cash on cash: 2.11% Airbnb Rental Income: $921 Traditional Rental Income: $1292 Airbnb ROI: -0.23% Traditional ROI: 2.11%
805 Houghton View Drive Houghton Lake, MI Located just steps from Houghton Lake, this charming property offers excellent road-end la...	1 beds \| 1 baths \| 852 sq.ft.	$159,900	Airbnb cash on cash: -2.76% Traditional cash on cash: 1.93% Airbnb Rental Income: $293 Traditional Rental Income: $771 Airbnb ROI: -2.76% Traditional ROI: 1.93%
3108 S Loxley Road Houghton Lake, MI Exactly what you've been looking for -- a fixer-upper mobile home with well and septic on ...	2 beds \| 1 baths \| 798 sq.ft.	$119,900	Airbnb cash on cash: -0.99% Traditional cash on cash: 9.42% Airbnb Rental Income: $549 Traditional Rental Income: $1472 Airbnb ROI: -0.99% Traditional ROI: 9.42%
304 Oliver Street Houghton Lake, MI This large year-round home offers space, character, and a great location just three short ...	3 beds \| 2 baths \| 1,676 sq.ft.	$168,000	Airbnb cash on cash: 0.52% Traditional cash on cash: 11.89% Airbnb Rental Income: $921 Traditional Rental Income: $2400 Airbnb ROI: 0.52% Traditional ROI: 11.89%
3714 Country Court Houghton Lake, MI Enjoy quiet mornings on your porch, surrounded by serene woods and natural beauty. Whether...	3 beds \| 2 baths \| 1,258 sq.ft.	$399,900	Airbnb cash on cash: -1.23% Traditional cash on cash: 3.19% Airbnb Rental Income: $921 Traditional Rental Income: $2236 Airbnb ROI: -1.23% Traditional ROI: 3.19%
3974 W HOUGHTON LAKE DRIVE UNIT #7 Houghton Lake, MI Well maintained cabin just steps away from the shared beachfront on beautiful Houghton Lak...	2 beds \| 1 baths \| 480 sq.ft.	$145,500	Airbnb cash on cash: -1.25% Traditional cash on cash: 5.53% Airbnb Rental Income: $549 Traditional Rental Income: $1213 Airbnb ROI: -1.25% Traditional ROI: 5.53%

Your search for investment property begins and ends here

Single Family Homes for Sale in Houghton Lake, MI

125 Whitebirch Drive

Houghton Lake, MI

3 beds | 2 baths | 1,766 sq.ft.

$234,900

Airbnb cash on cash: 0.74%

Traditional cash on cash: 9.2%

Airbnb Rental Income: $921

Traditional Rental Income: $2458

Airbnb ROI: 0.74%

Traditional ROI: 9.2%

2385 W Houghton Lake Drive

Houghton Lake, MI

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

$365,000

Airbnb cash on cash: -0.47%

Traditional cash on cash: 4.15%

Airbnb Rental Income: $1181

Traditional Rental Income: $2380

Airbnb ROI: -0.47%

Traditional ROI: 4.15%

106 Tin Pan Alley

Houghton Lake, MI

2 beds | 1 baths | 760 sq.ft.

$175,000

Airbnb cash on cash: -0.82%

Traditional cash on cash: 3.81%

Airbnb Rental Income: $549

Traditional Rental Income: $1039

Airbnb ROI: -0.82%

Traditional ROI: 3.81%

5490 S Harrison Road

Houghton Lake, MI

2 beds | 2 baths | 1 sq.ft.

$379,900

Airbnb cash on cash: -1.16%

Traditional cash on cash: 4.6%

Airbnb Rental Income: $549

Traditional Rental Income: $2321

Airbnb ROI: -1.16%

Traditional ROI: 4.6%

3974 W Houghton Lake Drive #7

Houghton Lake, MI

2 beds | 1 baths | 480 sq.ft.

$145,500

Airbnb cash on cash: -1.17%

Traditional cash on cash: 7.63%

Airbnb Rental Income: $549

Traditional Rental Income: $1494

Airbnb ROI: -1.17%

Traditional ROI: 7.63%

3706 Country Court

Houghton Lake, MI

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

$399,900

Airbnb cash on cash: -1.27%

Traditional cash on cash: 3.37%

Airbnb Rental Income: $921

Traditional Rental Income: $2320

Airbnb ROI: -1.27%

Traditional ROI: 3.37%

3441 N Townline Road

Houghton Lake, MI

3 beds | 2 baths | 1,611 sq.ft.

$410,000

Airbnb cash on cash: -0.12%

Traditional cash on cash: 5.24%

Airbnb Rental Income: $921

Traditional Rental Income: $2639

Airbnb ROI: -0.12%

Traditional ROI: 5.24%

1750 S Loxley Road

Houghton Lake, MI

3 beds | 1 baths | 2 sq.ft.

$163,900

Airbnb cash on cash: 0.99%

Traditional cash on cash: 9.37%

Airbnb Rental Income: $921

Traditional Rental Income: $1889

Airbnb ROI: 0.99%