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
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: -1.67% Traditional cash on cash: 0.96% Airbnb Rental Income: $1058 Traditional Rental Income: $2530 Airbnb ROI: -1.67% Traditional ROI: 0.96%
3739 Club Road Indian River, MI Beautifully renovated 2-bedroom, 2-bath home with 1,724 sq. ft. and 144 ft. of frontage on...	2 beds \| 2 baths \| 1,724 sq.ft.	$429,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.79% Airbnb Rental Income: $null Traditional Rental Income: $2630 Airbnb ROI: N/A Traditional ROI: 3.79%
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: -0.72% Traditional cash on cash: 2.31% Airbnb Rental Income: $1058 Traditional Rental Income: $1705 Airbnb ROI: -0.72% Traditional ROI: 2.31%
4189 Big Sky Trail Indian River, MI Nestled on nearly 8 acres of pristine wilderness, this remarkable property offers unparall...	2 beds \| 1 baths \| 2,158 sq.ft.	$450,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.98% Airbnb Rental Income: $null Traditional Rental Income: $1990 Airbnb ROI: N/A Traditional ROI: 1.98%
6830 Elmwood Indian River, MI Huge update list for this house including electrical, paint, siding, doors, and much more!...	3 beds \| 2 baths \| 1,101 sq.ft.	$269,900	Airbnb cash on cash: 0.97% Traditional cash on cash: 6.8% Airbnb Rental Income: $1058 Traditional Rental Income: $2177 Airbnb ROI: 0.97% Traditional ROI: 6.8%
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%
4878 S Straits Highway Indian River, MI Commercial dwelling, which is designed for functionality and comfort, featuring a spacious...	2 beds \| 1 baths \| 1,048 sq.ft.	$225,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.44% Airbnb Rental Income: $null Traditional Rental Income: $1628 Airbnb ROI: N/A Traditional ROI: 5.44%
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%
3869 Club Road Indian River, MI Spacious Ranch with Little Sturgeon Frontage in Downtown Indian River. Welcome to this bea...	2 beds \| 3 baths \| 1,820 sq.ft.	$459,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.13% Airbnb Rental Income: $null Traditional Rental Income: $2977 Airbnb ROI: N/A Traditional ROI: 5.13%
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: 0.19% Traditional cash on cash: 3.27% Airbnb Rental Income: $1058 Traditional Rental Income: $1959 Airbnb ROI: 0.19% 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.	$729,000	Airbnb cash on cash: -1.65% Traditional cash on cash: 1.42% Airbnb Rental Income: $1058 Traditional Rental Income: $2780 Airbnb ROI: -1.65% Traditional ROI: 1.42%
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%
2540 E Mullett Lake Road Indian River, MI Five acres of privacy for you to enjoy nature, yet be close to all the outdoor activities ...	3 beds \| 1 baths \| 950 sq.ft.	$179,000	Airbnb cash on cash: 1.84% Traditional cash on cash: 7.41% Airbnb Rental Income: $1058 Traditional Rental Income: $1642 Airbnb ROI: 1.84% Traditional ROI: 7.41%
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: -2.25% Traditional cash on cash: -0.91% Airbnb Rental Income: $1058 Traditional Rental Income: $3553 Airbnb ROI: -2.25% 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: $2385 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%

Real Estate investment in Indian-river, MI

There are 20 properties for sale in the city of Indian River . The median list price in Indian River is $434,000 and the average price per square foot is $209. In September 2025, the average monthly cash on cash return in Indian River is 4.00%. The average monthly rental income in Indian River is $2,175.

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

There are 20 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 $1,058.

Your search for investment property begins and ends here

Investment Property for Sale in Indian River, MI

3140 Mingo Trail

Indian River, MI

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

$749,900

Airbnb cash on cash: -1.67%

Traditional cash on cash: 0.96%

Airbnb Rental Income: $1058

Traditional Rental Income: $2530

Airbnb ROI: -1.67%

Traditional ROI: 0.96%

3739 Club Road

Indian River, MI

2 beds | 2 baths | 1,724 sq.ft.

$429,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.79%

Airbnb Rental Income: $null

Traditional Rental Income: $2630

Airbnb ROI: N/A

Traditional ROI: 3.79%

6429 S Straits Highway

Indian River, MI

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

$354,900

Airbnb cash on cash: -0.72%

Traditional cash on cash: 2.31%

Airbnb Rental Income: $1058

Traditional Rental Income: $1705

Airbnb ROI: -0.72%

Traditional ROI: 2.31%

4189 Big Sky Trail

Indian River, MI

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

$450,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.98%

Airbnb Rental Income: $null

Traditional Rental Income: $1990

Airbnb ROI: N/A

Traditional ROI: 1.98%

6830 Elmwood

Indian River, MI

3 beds | 2 baths | 1,101 sq.ft.

$269,900

Airbnb cash on cash: 0.97%

Traditional cash on cash: 6.8%

Airbnb Rental Income: $1058

Traditional Rental Income: $2177

Airbnb ROI: 0.97%

Traditional ROI: 6.8%

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%

4878 S Straits Highway

Indian River, MI

2 beds | 1 baths | 1,048 sq.ft.

$225,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.44%

Airbnb Rental Income: $null

Traditional Rental Income: $1628

Airbnb ROI: N/A

Traditional ROI: 5.44%

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