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
1012 Lynn Drive Indian River, MI Ready for lake life? Discover this charming 2-bedroom, 1-bath home on the south east side ...	2 beds \| 1 baths \| 793 sq.ft.	$379,900	Airbnb cash on cash: -1.11% Traditional cash on cash: 1.47% Airbnb Rental Income: $943 Traditional Rental Income: $1518 Airbnb ROI: -1.11% Traditional ROI: 1.47%
1461 Riverview Lane Indian River, MI Lake life! Fully furnished 4-bedroom, 2-bath home situated on the Pigeon River with 101' p...	4 beds \| 2 baths \| 1,186 sq.ft.	$375,000	Airbnb cash on cash: 0.78% Traditional cash on cash: 3.59% Airbnb Rental Income: $1735 Traditional Rental Income: $2245 Airbnb ROI: 0.78% Traditional ROI: 3.59%
939 Stratford Lane Indian River, MI Wake up to coffee on the beach then a cocktail for unfiltered sunset views over Burt Lake ...	3 beds \| 2 baths \| 1,200 sq.ft.	$499,000	Airbnb cash on cash: -1.58% Traditional cash on cash: 1.89% Airbnb Rental Income: $867 Traditional Rental Income: $2154 Airbnb ROI: -1.58% Traditional ROI: 1.89%
5134 Big Sky Trail Indian River, MI This thoughtfully designed residence features 3 bedrooms, 2 full bathrooms, and 2 half bat...	3 beds \| 3 baths \| 2,561 sq.ft.	$539,900	Airbnb cash on cash: -1.65% Traditional cash on cash: 3.25% Airbnb Rental Income: $867 Traditional Rental Income: $3009 Airbnb ROI: -1.65% Traditional ROI: 3.25%
3401 Poplar Street Indian River, MI OPEN HOUSE! 6/20 - 10 AM-2 PM Take it easy at Stone's Throw Cottage! This tastefully updat...	3 beds \| 2 baths \| 1,810 sq.ft.	$494,000	Airbnb cash on cash: -1.57% Traditional cash on cash: 3.14% Airbnb Rental Income: $867 Traditional Rental Income: $2710 Airbnb ROI: -1.57% Traditional ROI: 3.14%
1343 Renos Drive Indian River, MI This Well Maintained Chalet Has Some Beautiful Panoramic Views Of Mullett Lake. Watch Plen...	2 beds \| 1 baths \| 1,350 sq.ft.	$679,000	Airbnb cash on cash: -0.53% Traditional cash on cash: 0.47% Airbnb Rental Income: $943 Traditional Rental Income: $1226 Airbnb ROI: -0.53% Traditional ROI: 0.47%
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: -0.96% Traditional cash on cash: 2.24% Airbnb Rental Income: $867 Traditional Rental Income: $3218 Airbnb ROI: -0.96% Traditional ROI: 2.24%
4878 S Straits Highway Indian River, MI This commercial dwelling, designed for functionality and comfort, features a spacious sitt...	2 beds \| 1 baths \| 1,048 sq.ft.	$199,900	Airbnb cash on cash: 0.8% Traditional cash on cash: 6.23% Airbnb Rental Income: $943 Traditional Rental Income: $1628 Airbnb ROI: 0.8% Traditional ROI: 6.23%
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.	$409,000	Airbnb cash on cash: -0.32% Traditional cash on cash: 5.88% Airbnb Rental Income: $943 Traditional Rental Income: $2977 Airbnb ROI: -0.32% Traditional ROI: 5.88%
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.	$1,995,000	Airbnb cash on cash: -2.29% Traditional cash on cash: -0.66% Airbnb Rental Income: $867 Traditional Rental Income: $3553 Airbnb ROI: -2.29% Traditional ROI: -0.66%
6378 Hillside Avenue Indian River, MI Experience timeless elegance in this beautifully preserved 1890s Victorian, nestled in the...	5 beds \| 3 baths \| 2,800 sq.ft.	$895,000	Airbnb cash on cash: -0.45% Traditional cash on cash: 2.81% Airbnb Rental Income: $1094 Traditional Rental Income: $3444 Airbnb ROI: -0.45% Traditional ROI: 2.81%
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.	$249,900	Airbnb cash on cash: 0.75% Traditional cash on cash: 6.91% Airbnb Rental Income: $943 Traditional Rental Income: $2052 Airbnb ROI: 0.75% Traditional ROI: 6.91%
6116 Hemlock Street Indian River, MI Welcome to this beautiful Colonial-style home located in the heart of Indian River. Just a...	4 beds \| 3 baths \| 2,067 sq.ft.	$397,700	Airbnb cash on cash: 1.98% Traditional cash on cash: 6.42% Airbnb Rental Income: $1735 Traditional Rental Income: $2913 Airbnb ROI: 1.98% Traditional ROI: 6.42%
6363 Burchfield Road Indian River, MI Oasis in the middle of Indian River, What a great 5 bedroom 5 bathroom home, This Spacious...	5 beds \| 5 baths \| 3,400 sq.ft.	$925,000	Airbnb cash on cash: -0.86% Traditional cash on cash: 4.19% Airbnb Rental Income: $1094 Traditional Rental Income: $5076 Airbnb ROI: -0.86% Traditional ROI: 4.19%
6888 Sequoia Drive Indian River, MI This brand-new home is currently under construction and can be custom built to your wants ...	3 beds \| 2 baths \| 1,683 sq.ft.	$424,900	Airbnb cash on cash: -0.06% Traditional cash on cash: 5.16% Airbnb Rental Income: $867 Traditional Rental Income: $2610 Airbnb ROI: -0.06% Traditional ROI: 5.16%
865 Wintree Drive Indian River, MI Have you been dreaming of an up north beautiful full log home w/a vaulted wall of windows ...	3 beds \| 3 baths \| 1,500 sq.ft.	$465,900	Airbnb cash on cash: -1.52% Traditional cash on cash: 2.77% Airbnb Rental Income: $867 Traditional Rental Income: $2404 Airbnb ROI: -1.52% Traditional ROI: 2.77%
6308 E Dorothy Avenue Indian River, MI HIGH AND DRY in-town location within walking distance to beautiful Burt Lake! This well ma...	2 beds \| 1 baths \| 820 sq.ft.	$285,000	Airbnb cash on cash: -0.65% Traditional cash on cash: 2.88% Airbnb Rental Income: $943 Traditional Rental Income: $1543 Airbnb ROI: -0.65% Traditional ROI: 2.88%
4596 Onaway Road Indian River, MI Great opportunity at this price point in Indian River, offering a versatile setup on a spa...	5 beds \| 2 baths \| 3,188 sq.ft.	$304,900	Airbnb cash on cash: -0.33% Traditional cash on cash: 6.57% Airbnb Rental Income: $1094 Traditional Rental Income: $2701 Airbnb ROI: -0.33% Traditional ROI: 6.57%
516 W Shoreview Lane Indian River, MI Experience 100 feet of pristine frontage on beautiful Mullett Lake, offering picturesque v...	3 beds \| 2 baths \| 2,083 sq.ft.	$1,150,000	Airbnb cash on cash: -2.12% Traditional cash on cash: -0.02% Airbnb Rental Income: $867 Traditional Rental Income: $2782 Airbnb ROI: -2.12% Traditional ROI: -0.02%
2156 E Mullett Lake Road Indian River, MI MOTIVATED SELLER!! Well-appointed 4 bedroom, 3 full bath home ideally located just minutes...	4 beds \| 3 baths \| 2,216 sq.ft.	$399,900	Airbnb cash on cash: 0.58% Traditional cash on cash: 4.95% Airbnb Rental Income: $1735 Traditional Rental Income: $2895 Airbnb ROI: 0.58% Traditional ROI: 4.95%
988 Ranch Road Indian River, MI Location is key in this sought-after area of Topinabee! Solid frame-built 3 bedroom, 2 bat...	3 beds \| 2 baths \| 3,193 sq.ft.	$339,000	Airbnb cash on cash: -0.27% Traditional cash on cash: 5.76% Airbnb Rental Income: $867 Traditional Rental Income: $2455 Airbnb ROI: -0.27% Traditional ROI: 5.76%
3063 Gratiot Road Indian River, MI In the Village of Indian River this spacious turnkey updated mobile home features a desira...	2 beds \| 1 baths \| 1,613 sq.ft.	$129,900	Airbnb cash on cash: 2.46% Traditional cash on cash: 11.27% Airbnb Rental Income: $943 Traditional Rental Income: $1697 Airbnb ROI: 2.46% Traditional ROI: 11.27%
7207 Frontenac Road Indian River, MI LOCATION, LOCATION - Enjoy natural gas heating, a brand-new furnace, and ample room for gu...	5 beds \| 3 baths \| 3,100 sq.ft.	$259,000	Airbnb cash on cash: 0.82% Traditional cash on cash: 10.91% Airbnb Rental Income: $1094 Traditional Rental Income: $3190 Airbnb ROI: 0.82% Traditional ROI: 10.91%
5219 S Straits Highway Indian River, MI This property has lots to offer. Nice 2 bedrooms 2 baths solid ''Perma Log'' home cozy fir...	2 beds \| 2 baths \| 1,700 sq.ft.	$375,000	Airbnb cash on cash: 0.19% Traditional cash on cash: 4.97% Airbnb Rental Income: $943 Traditional Rental Income: $2278 Airbnb ROI: 0.19% Traditional ROI: 4.97%
1400 Round Point Drive Indian River, MI This Mullett Lake estate is situated on 200' of frontage with 1+acre of land on famed Roun...	5 beds \| 3 baths \| 2,438 sq.ft.	$1,299,000	Airbnb cash on cash: -2.01% Traditional cash on cash: -0.26% Airbnb Rental Income: $1094 Traditional Rental Income: $2839 Airbnb ROI: -2.01% Traditional ROI: -0.26%
6084 Berry Lane Indian River, MI Step into this meticulously crafted 3-bedroom, 2-bathroom home located on the south side o...	3 beds \| 2 baths \| 1,536 sq.ft.	$419,900	Airbnb cash on cash: -1.41% Traditional cash on cash: 3.21% Airbnb Rental Income: $867 Traditional Rental Income: $2348 Airbnb ROI: -1.41% Traditional ROI: 3.21%
6470 Margaret Lane Indian River, MI Panoramic Views of Burt Lake! Year-Round Cottage for Sale. Wake up every morning to sweepi...	2 beds \| 1 baths \| 960 sq.ft.	$499,900	Airbnb cash on cash: -0.59% Traditional cash on cash: 1.61% Airbnb Rental Income: $943 Traditional Rental Income: $1623 Airbnb ROI: -0.59% Traditional ROI: 1.61%
719 N Straits Highway Indian River, MI Architecturally unique and exceptionally well-built octagon home featuring 2x6 constructio...	3 beds \| 2 baths \| 1,829 sq.ft.	$365,000	Airbnb cash on cash: -0.29% Traditional cash on cash: 5.7% Airbnb Rental Income: $867 Traditional Rental Income: $2585 Airbnb ROI: -0.29% Traditional ROI: 5.7%
417 N Silver Place Indian River, MI Have you ever dreamed of the perfect home on Silver Lake? Step into this magnificent resid...	4 beds \| 4 baths \| 5,030 sq.ft.	$1,200,000	Airbnb cash on cash: -0.57% Traditional cash on cash: 2.2% Airbnb Rental Income: $1735 Traditional Rental Income: $4345 Airbnb ROI: -0.57% Traditional ROI: 2.2%
6064 River Street #301 Indian River, MI 6064 River Street, Unit 301 \| Inn Between Waterfront Condos \| Downtown Indian River Luxury...	2 beds \| 1 baths \| 750 sq.ft.	$699,000	Airbnb cash on cash: -2.74% Traditional cash on cash: -1% Airbnb Rental Income: $943 Traditional Rental Income: $1735 Airbnb ROI: -2.74% Traditional ROI: -1%
6064 River Street #302 Indian River, MI 6064 River Street, Unit 302 \| Inn Between Waterfront Condos \| Downtown Indian River Luxury...	2 beds \| 1 baths \| 670 sq.ft.	$549,000	Airbnb cash on cash: -3.22% Traditional cash on cash: -1.38% Airbnb Rental Income: $943 Traditional Rental Income: $1540 Airbnb ROI: -3.22% Traditional ROI: -1.38%

Real Estate investment in Indian-river, MI

There are 43 properties for sale in the city of Indian River . The median list price in Indian River is $449,731 and the average price per square foot is $223. In July 2026, the average monthly cash on cash return in Indian River is 3.00%. The average monthly rental income in Indian River is $2,455.

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

There are 43 investment properties available for sale in Indian-river.

In 2026, the best neighborhood to buy investment property is Indian River.

The ROI for Long-Term is higher than the Short-Term in Indian-river with average rental income of $2,455.

Your search for investment property begins and ends here

Investment Property for Sale in Indian River, MI

1012 Lynn Drive

Indian River, MI

2 beds | 1 baths | 793 sq.ft.

$379,900

Airbnb cash on cash: -1.11%

Traditional cash on cash: 1.47%

Airbnb Rental Income: $943

Traditional Rental Income: $1518

Airbnb ROI: -1.11%

Traditional ROI: 1.47%

1461 Riverview Lane

Indian River, MI

4 beds | 2 baths | 1,186 sq.ft.

$375,000

Airbnb cash on cash: 0.78%

Traditional cash on cash: 3.59%

Airbnb Rental Income: $1735

Traditional Rental Income: $2245

Airbnb ROI: 0.78%

Traditional ROI: 3.59%

939 Stratford Lane

Indian River, MI

3 beds | 2 baths | 1,200 sq.ft.

$499,000

Airbnb cash on cash: -1.58%

Traditional cash on cash: 1.89%

Airbnb Rental Income: $867

Traditional Rental Income: $2154

Airbnb ROI: -1.58%

Traditional ROI: 1.89%

5134 Big Sky Trail

Indian River, MI

3 beds | 3 baths | 2,561 sq.ft.

$539,900

Airbnb cash on cash: -1.65%

Traditional cash on cash: 3.25%

Airbnb Rental Income: $867

Traditional Rental Income: $3009

Airbnb ROI: -1.65%

Traditional ROI: 3.25%

3401 Poplar Street

Indian River, MI

3 beds | 2 baths | 1,810 sq.ft.

$494,000

Airbnb cash on cash: -1.57%

Traditional cash on cash: 3.14%

Airbnb Rental Income: $867

Traditional Rental Income: $2710

Airbnb ROI: -1.57%

Traditional ROI: 3.14%

1343 Renos Drive

Indian River, MI

2 beds | 1 baths | 1,350 sq.ft.

$679,000

Airbnb cash on cash: -0.53%

Traditional cash on cash: 0.47%

Airbnb Rental Income: $943

Traditional Rental Income: $1226

Airbnb ROI: -0.53%

Traditional ROI: 0.47%

3710 Lake Marina Drive

Indian River, MI

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

$899,900

Airbnb cash on cash: -0.96%

Traditional cash on cash: 2.24%

Airbnb Rental Income: $867

Traditional Rental Income: $3218

Airbnb ROI: -0.96%

Traditional ROI: 2.24%

4878 S Straits Highway

Indian River, MI

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

$199,900

Airbnb cash on cash: 0.8%

Traditional cash on cash: 6.23%

Airbnb Rental Income: $943

Traditional Rental Income: $1628

Airbnb ROI: 0.8%