Real Estate Investment Properties for Sale in Indian River, MI

Looking for investment property in Indian River, MI with high ROI ?

Explore a variety of short-term homes & houses in Indian River, MI. Invest wisely with VRBO & Indian River, MI Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Indian River, MI

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1247 Eagles Nest Road Indian River, MI Welcome to your slice of Northern Michigan paradise! This charming 3-bedroom, 1-bath seaso...	3 beds \| 1 baths \| 780 sq.ft.	$549,900	Airbnb cash on cash: -1.5% Traditional cash on cash: 0.58% Airbnb Rental Income: $974 Traditional Rental Income: $1691 Airbnb ROI: -1.5% Traditional ROI: 0.58%
7693 S Straits Highway Indian River, MI Sturgeon River Retreat! 4.32 Acres & 395' Frontage! This 3,400-sq-ft ICF-constructed home ...	4 beds \| 2 baths \| 3,400 sq.ft.	$575,000	Airbnb cash on cash: 2.01% Traditional cash on cash: 3.33% Airbnb Rental Income: $2512 Traditional Rental Income: $2616 Airbnb ROI: 2.01% Traditional ROI: 3.33%
3140 Mingo Trail Indian River, MI Boating the Inland Waterway from your home on the Indian River is a boater's dream. Your p...	3 beds \| 2 baths \| 1,344 sq.ft.	$749,900	Airbnb cash on cash: -1.77% Traditional cash on cash: 0.96% Airbnb Rental Income: $974 Traditional Rental Income: $2530 Airbnb ROI: -1.77% Traditional ROI: 0.96%
6429 S Straits Highway Indian River, MI Walk down to the Sturgeon River and enjoy the peaceful sound of the water flowing down you...	3 beds \| 2 baths \| 1,592 sq.ft.	$354,900	Airbnb cash on cash: -0.93% Traditional cash on cash: 2.31% Airbnb Rental Income: $974 Traditional Rental Income: $1705 Airbnb ROI: -0.93% Traditional ROI: 2.31%
4189 Big Sky Trail Indian River, MI PRICED REDUCED! SELLERS VERY MOTIVATED! Nestled on nearly 8 acres of pristine wilderness, ...	2 beds \| 1 baths \| 2,158 sq.ft.	$399,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.54% Airbnb Rental Income: $null Traditional Rental Income: $1990 Airbnb ROI: N/A Traditional ROI: 2.54%
3710 Lake Marina Drive Indian River, MI Meticulously maintained and beautifully updated, this stunning 3-bedroom, 3-bathroom home ...	3 beds \| 3 baths \| 3,450 sq.ft.	$899,900	Airbnb cash on cash: -0.86% Traditional cash on cash: 2.24% Airbnb Rental Income: $974 Traditional Rental Income: $3218 Airbnb ROI: -0.86% Traditional ROI: 2.24%
4963 EASTWAY DRIVE Indian River, MI This charming 2-bedroom, 1-bathroom residence is the perfect blend of comfort and convenie...	2 beds \| 1 baths \| 1,120 sq.ft.	$259,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.15% Airbnb Rental Income: $null Traditional Rental Income: $1948 Airbnb ROI: N/A Traditional ROI: 6.15%
6100 M-68 Indian River, MI Exceptional opportunity to own the Waterway InnâIndian Riverâs top-rated lodging facil...	N/A beds \| N/A baths \| 9,177 sq.ft.	$990,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.33% Airbnb Rental Income: $null Traditional Rental Income: $1586 Airbnb ROI: N/A Traditional ROI: -0.33%
1076 W Devereaux Lake Road Indian River, MI Welcome to Lonesome Dove acres. Discover 33 acres of pure up north potential just minutes ...	3 beds \| 2 baths \| 1,086 sq.ft.	$439,000	Airbnb cash on cash: 0.01% Traditional cash on cash: 3.27% Airbnb Rental Income: $974 Traditional Rental Income: $1959 Airbnb ROI: 0.01% Traditional ROI: 3.27%
6986 Chippewa Trail Indian River, MI This custom-built cottage-contemporary home offers an opportunity that if you are looking ...	3 beds \| 3 baths \| 2,974 sq.ft.	$719,000	Airbnb cash on cash: -1.74% Traditional cash on cash: 1.48% Airbnb Rental Income: $974 Traditional Rental Income: $2780 Airbnb ROI: -1.74% Traditional ROI: 1.48%
5782 Club Road Indian River, MI Up North Escape on Over 10 Beautifully Wooded Acres! Don't miss this incredible opportunit...	2 beds \| 2 baths \| 2,058 sq.ft.	$190,000	Airbnb cash on cash: N/A Traditional cash on cash: 11.18% Airbnb Rental Income: $null Traditional Rental Income: $2350 Airbnb ROI: N/A Traditional ROI: 11.18%
8554 W M-68 Indian River, MI Discover your dream retreat with this stunning 3-bedroom, 1-bedroom/office (non-conforming...	3 beds \| 3 baths \| 2,859 sq.ft.	$2,300,000	Airbnb cash on cash: -2.29% Traditional cash on cash: -0.91% Airbnb Rental Income: $974 Traditional Rental Income: $3553 Airbnb ROI: -2.29% Traditional ROI: -0.91%
6378 Hillside Avenue Indian River, MI Nestled in a serene and picturesque setting of Columbus Beach Club, this stately residence...	5 beds \| 3 baths \| 2,800 sq.ft.	$975,000	Airbnb cash on cash: 0.69% Traditional cash on cash: 2.5% Airbnb Rental Income: $2389 Traditional Rental Income: $3444 Airbnb ROI: 0.69% Traditional ROI: 2.5%
5064 Wilson Road Indian River, MI Are you searching for a home nestled near the beauty of the Sturgeon River, state land, an...	2 beds \| 2 baths \| 1,300 sq.ft.	$269,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.34% Airbnb Rental Income: $null Traditional Rental Income: $2052 Airbnb ROI: N/A Traditional ROI: 6.34%
6116 Hemlock Street Indian River, MI Welcome to this beautiful Colonial-style home located in the heart of Indian River. Just a...	4 beds \| N/A baths \| 2,067 sq.ft.	$439,000	Airbnb cash on cash: 3.28% Traditional cash on cash: 5.73% Airbnb Rental Income: $2512 Traditional Rental Income: $2913 Airbnb ROI: 3.28% Traditional ROI: 5.73%
6363 Burchfield Road Indian River, MI What a great 5 bedroom 5 bathroom home located in the Village Of Indian River, This spacio...	5 beds \| 5 baths \| 3,400 sq.ft.	$950,000	Airbnb cash on cash: 0.35% Traditional cash on cash: 4.06% Airbnb Rental Income: $2389 Traditional Rental Income: $5076 Airbnb ROI: 0.35% Traditional ROI: 4.06%
2371 E Mullett Lake Road Indian River, MI Enjoy privacy, convenience and turnkey homestead living with this spacious 5 bedroom, 3 ba...	5 beds \| N/A baths \| 2,799 sq.ft.	$599,000	Airbnb cash on cash: 1.75% Traditional cash on cash: 3.07% Airbnb Rental Income: $2389 Traditional Rental Income: $2540 Airbnb ROI: 1.75% Traditional ROI: 3.07%
6347 Waubun Road Indian River, MI Feel completely secluded, yet only five minutes from town! This nearly 13-acre property of...	4 beds \| N/A baths \| 2,800 sq.ft.	$399,900	Airbnb cash on cash: 3.63% Traditional cash on cash: 4.96% Airbnb Rental Income: $2512 Traditional Rental Income: $2406 Airbnb ROI: 3.63% Traditional ROI: 4.96%

Real Estate investment in Indian-river, MI

There are 22 properties for sale in the city of Indian River . The median list price in Indian River is $439,000 and the average price per square foot is $186. In October 2025, the average monthly cash on cash return in Indian River is 3.00%. The average monthly rental income in Indian River is $2,304.

Indian-river, MI Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 22 investment properties available for sale in Indian-river.

In 2025, the best neighborhood to buy investment property is Indian River.

The ROI for Short-Term is higher than the Long-Term in Indian-river with average rental income of $974.

Your search for investment property begins and ends here

Investment Property for Sale in Indian River, MI

1247 Eagles Nest Road

Indian River, MI

3 beds | 1 baths | 780 sq.ft.

$549,900

Airbnb cash on cash: -1.5%

Traditional cash on cash: 0.58%

Airbnb Rental Income: $974

Traditional Rental Income: $1691

Airbnb ROI: -1.5%

Traditional ROI: 0.58%

7693 S Straits Highway

Indian River, MI

4 beds | 2 baths | 3,400 sq.ft.

$575,000

Airbnb cash on cash: 2.01%

Traditional cash on cash: 3.33%

Airbnb Rental Income: $2512

Traditional Rental Income: $2616

Airbnb ROI: 2.01%

Traditional ROI: 3.33%

3140 Mingo Trail

Indian River, MI

3 beds | 2 baths | 1,344 sq.ft.

$749,900

Airbnb cash on cash: -1.77%

Traditional cash on cash: 0.96%

Airbnb Rental Income: $974

Traditional Rental Income: $2530

Airbnb ROI: -1.77%

Traditional ROI: 0.96%

6429 S Straits Highway

Indian River, MI

3 beds | 2 baths | 1,592 sq.ft.

$354,900

Airbnb cash on cash: -0.93%

Traditional cash on cash: 2.31%

Airbnb Rental Income: $974

Traditional Rental Income: $1705

Airbnb ROI: -0.93%

Traditional ROI: 2.31%

4189 Big Sky Trail

Indian River, MI

2 beds | 1 baths | 2,158 sq.ft.

$399,900

Airbnb cash on cash: N/A

Traditional cash on cash: 2.54%

Airbnb Rental Income: $null

Traditional Rental Income: $1990

Airbnb ROI: N/A

Traditional ROI: 2.54%

3710 Lake Marina Drive

Indian River, MI

3 beds | 3 baths | 3,450 sq.ft.

$899,900

Airbnb cash on cash: -0.86%

Traditional cash on cash: 2.24%

Airbnb Rental Income: $974

Traditional Rental Income: $3218

Airbnb ROI: -0.86%

Traditional ROI: 2.24%

4963 EASTWAY DRIVE

Indian River, MI

2 beds | 1 baths | 1,120 sq.ft.

$259,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.15%

Airbnb Rental Income: $null

Traditional Rental Income: $1948

Airbnb ROI: N/A

Traditional ROI: 6.15%

6100 M-68

Indian River, MI

N/A beds | N/A baths | 9,177 sq.ft.

$990,000

Airbnb cash on cash: N/A

Traditional cash on cash: -0.33%

Airbnb Rental Income: $null

Traditional Rental Income: $1586

Airbnb ROI: N/A