Real Estate Investment Properties for Sale in Iron River, MI

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
161 Camp Lake Road Iron River, MI Have you always dreamed of owning a home on the lake - and wondered if it could actually h...	4 beds \| 2 baths \| 2,562 sq.ft.	$329,000	Airbnb cash on cash: 3.43% Traditional cash on cash: 5.74% Airbnb Rental Income: $2546 Traditional Rental Income: $2648 Airbnb ROI: 3.43% Traditional ROI: 5.74%
1319 N River Avenue Iron River, MI Move in ready, cozy, and efficient layout! This brick bungalow offers great curb appeal an...	3 beds \| 1 baths \| 703 sq.ft.	$154,900	Airbnb cash on cash: 5.91% Traditional cash on cash: 7.95% Airbnb Rental Income: $1834 Traditional Rental Income: $1642 Airbnb ROI: 5.91% Traditional ROI: 7.95%
1669 Kofmehl Road Iron River, MI Three bedroom one and a half bedroom house sitting on 20 acres minutes away from the city ...	3 beds \| 2 baths \| 1,250 sq.ft.	$259,900	Airbnb cash on cash: 3.92% Traditional cash on cash: 4.28% Airbnb Rental Income: $1834 Traditional Rental Income: $1427 Airbnb ROI: 3.92% Traditional ROI: 4.28%
645 E Hunter Road Iron River, MI Enjoy the ultimate retreat in this move-in-ready 4 bedroom, 2 bathroom home on nearly 5 ac...	4 beds \| 2 baths \| 1,929 sq.ft.	$194,000	Airbnb cash on cash: 8.8% Traditional cash on cash: 9.09% Airbnb Rental Income: $2546 Traditional Rental Income: $1987 Airbnb ROI: 8.8% Traditional ROI: 9.09%
236 Wildwood Drive Iron River, MI "In the summertime, when the weather is high..." you'll be singin' along to this classic a...	4 beds \| 4 baths \| 4,100 sq.ft.	$829,900	Airbnb cash on cash: 0.63% Traditional cash on cash: 1.71% Airbnb Rental Income: $2546 Traditional Rental Income: $2768 Airbnb ROI: 0.63% Traditional ROI: 1.71%
2072 FF Hwy 16 Road Iron River, MI Motivated Seller! Seclusion at its finest! Very nice log cabin nestled on 36 wooded acres ...	1 beds \| 1 baths \| 1,371 sq.ft.	$279,000	Airbnb cash on cash: 0.9% Traditional cash on cash: 3.77% Airbnb Rental Income: $1418 Traditional Rental Income: $1748 Airbnb ROI: 0.9% Traditional ROI: 3.77%
Forest 3612 Road Iron River, MI A once-in-a-lifetime opportunity for outdoor enthusiasts! This 1 bed, 1 bath camp sits on ...	1 beds \| 1 baths \| 850 sq.ft.	$234,900	Airbnb cash on cash: 2.58% Traditional cash on cash: 5.04% Airbnb Rental Income: $1418 Traditional Rental Income: $1538 Airbnb ROI: 2.58% Traditional ROI: 5.04%
163 Homan Lake Road Iron River, MI This spectacularly unique custom built 4 bedroom, 2.5 bath home on well over 5 acres was c...	4 beds \| 3 baths \| 4,392 sq.ft.	$1,299,900	Airbnb cash on cash: -1.01% Traditional cash on cash: 0.06% Airbnb Rental Income: $2546 Traditional Rental Income: $3221 Airbnb ROI: -1.01% Traditional ROI: 0.06%
274 N Angeli Road Iron River, MI Experience waterfront living at its finest on beautiful Iron Lake with this 2,200 sq ft ho...	3 beds \| 3 baths \| 2,200 sq.ft.	$459,900	Airbnb cash on cash: 0.37% Traditional cash on cash: 3.04% Airbnb Rental Income: $1834 Traditional Rental Income: $2488 Airbnb ROI: 0.37% Traditional ROI: 3.04%
210 Blossom Street Iron River, MI NEW ROOF APRIL 2026!! Welcome to this charming home in the City of Iron River, full of cha...	3 beds \| 2 baths \| 1,221 sq.ft.	$145,000	Airbnb cash on cash: 6.47% Traditional cash on cash: 11.98% Airbnb Rental Income: $1834 Traditional Rental Income: $2105 Airbnb ROI: 6.47% Traditional ROI: 11.98%
104 Sleepy Hollow Way Iron River, MI Your search for the perfect mountain escape ends here - this versatile 2,053 sq ft duplex ...	6 beds \| 2 baths \| 2,053 sq.ft.	$284,900	Airbnb cash on cash: 3.66% Traditional cash on cash: 7.95% Airbnb Rental Income: $2101 Traditional Rental Income: $2714 Airbnb ROI: 3.66% Traditional ROI: 7.95%
111 Little Deer Road Iron River, MI Unlock a premier investment or a versatile vacation home with this dual-unit chalet locate...	5 beds \| 3 baths \| 2,000 sq.ft.	$299,900	Airbnb cash on cash: 3.44% Traditional cash on cash: 8.21% Airbnb Rental Income: $2101 Traditional Rental Income: $2910 Airbnb ROI: 3.44% Traditional ROI: 8.21%
203 N 8th Avenue Iron River, MI IRON RIVER, MICHIGAN CLASSIC COLONIAL HOME: Located just blocks from downtown Iron River i...	5 beds \| 2 baths \| 2,625 sq.ft.	$259,900	Airbnb cash on cash: 4.12% Traditional cash on cash: 9.15% Airbnb Rental Income: $2101 Traditional Rental Income: $2796 Airbnb ROI: 4.12% Traditional ROI: 9.15%
176 Sunset Shores Road Iron River, MI Experience elevated Northwoods living on the shores of Sunset Lake, a breathtaking 560-acr...	5 beds \| 3 baths \| 4,797 sq.ft.	$1,175,000	Airbnb cash on cash: -1.19% Traditional cash on cash: 0.46% Airbnb Rental Income: $2101 Traditional Rental Income: $3362 Airbnb ROI: -1.19% Traditional ROI: 0.46%
4008 W US2 Highway Iron River, MI Just a mile from town, this inviting 2 bedroom, 1 bath offers the perfect blend of comfort...	2 beds \| 1 baths \| 720 sq.ft.	$139,900	Airbnb cash on cash: 0.73% Traditional cash on cash: 7.71% Airbnb Rental Income: $860 Traditional Rental Income: $1465 Airbnb ROI: 0.73% Traditional ROI: 7.71%
1954 Federal Forest 16 Highway Iron River, MI Welcome to Wild River Lodge, a 225-acre Northwoods retreat fronting the North Branch of th...	3 beds \| 2 baths \| 2,232 sq.ft.	$985,000	Airbnb cash on cash: 0.31% Traditional cash on cash: 2.24% Airbnb Rental Income: $1834 Traditional Rental Income: $3104 Airbnb ROI: 0.31% Traditional ROI: 2.24%
140 Sunset Shores Road Iron River, MI Nestled on 4.12 acres of serene beauty, this stunning 3 bedroom, 2.5 bath home offers the ...	3 beds \| 3 baths \| 1,680 sq.ft.	$699,000	Airbnb cash on cash: 0.2% Traditional cash on cash: 2.71% Airbnb Rental Income: $1834 Traditional Rental Income: $2973 Airbnb ROI: 0.2% Traditional ROI: 2.71%
236 Passamani Road Iron River, MI Peaceful country living with room for everything. Situated on 40 beautiful acres just 10 m...	4 beds \| 4 baths \| 3,640 sq.ft.	$590,000	Airbnb cash on cash: 1.56% Traditional cash on cash: 5.02% Airbnb Rental Income: $2546 Traditional Rental Income: $3836 Airbnb ROI: 1.56% Traditional ROI: 5.02%
FFH16 Highway Iron River, MI Rare opportunity to own on premier Golden Lake in Iron County, MI - where golden sunrises ...	2 beds \| N/A baths \| 1,012 sq.ft.	$209,900	Airbnb cash on cash: 0.95% Traditional cash on cash: 7.95% Airbnb Rental Income: $860 Traditional Rental Income: $1921 Airbnb ROI: 0.95% Traditional ROI: 7.95%
420 Midsummer Drive Iron River, MI Chicagon Lake Retreat - Iron River, Michigan Enjoy waterfront living on beautiful 1,100-ac...	2 beds \| 1 baths \| 1,056 sq.ft.	$399,900	Airbnb cash on cash: 0.04% Traditional cash on cash: 2.94% Airbnb Rental Income: $860 Traditional Rental Income: $1617 Airbnb ROI: 0.04% Traditional ROI: 2.94%
184 Marten Lake Road Iron River, MI Tucked away in Bates Township, northern Iron County, this property offers a classic Upper ...	1 beds \| N/A baths \| 928 sq.ft.	$169,900	Airbnb cash on cash: 4.27% Traditional cash on cash: 8.01% Airbnb Rental Income: $1418 Traditional Rental Income: $1599 Airbnb ROI: 4.27% Traditional ROI: 8.01%
1101 W Division Street Iron River, MI Enjoy the perfect blend of country living and small-town convenience in this beautifully r...	4 beds \| 2 baths \| 2,127 sq.ft.	$275,000	Airbnb cash on cash: 5.66% Traditional cash on cash: 8.86% Airbnb Rental Income: $2546 Traditional Rental Income: $2762 Airbnb ROI: 5.66% Traditional ROI: 8.86%
Forest Hwy 3110 Iron River, MI Exceptional turnkey Northwoods camp and recreational retreat situated on 100 private acres...	3 beds \| 1 baths \| 968 sq.ft.	$850,000	Airbnb cash on cash: 0.37% Traditional cash on cash: 0.91% Airbnb Rental Income: $1834 Traditional Rental Income: $1761 Airbnb ROI: 0.37% Traditional ROI: 0.91%
1325 Bates-Amasa Road Iron River, MI Awesome 2 bedroom, 1 bath Cooks Run Cedar log cabin on 5.7 acres, built in 1988 and perfec...	2 beds \| 1 baths \| 660 sq.ft.	$289,900	Airbnb cash on cash: 0.42% Traditional cash on cash: 4.01% Airbnb Rental Income: $860 Traditional Rental Income: $1508 Airbnb ROI: 0.42% Traditional ROI: 4.01%
104 Forsberg Road Iron River, MI A views of Sunset Lake from your front yard...23 acres of wooded park-like setting out you...	2 beds \| 1 baths \| 924 sq.ft.	$269,500	Airbnb cash on cash: -0.81% Traditional cash on cash: 2.57% Airbnb Rental Income: $860 Traditional Rental Income: $1388 Airbnb ROI: -0.81% Traditional ROI: 2.57%
123 Brule Village Road Iron River, MI This beautifully renovated single family home creates the perfect balance between modern l...	3 beds \| 2 baths \| 1,550 sq.ft.	$249,000	Airbnb cash on cash: 2.78% Traditional cash on cash: 5.06% Airbnb Rental Income: $1834 Traditional Rental Income: $1876 Airbnb ROI: 2.78% Traditional ROI: 5.06%
104 N Hagerman Lake Road Iron River, MI Designed by iconic architect Frank Lloyd Wright! Waterfront charm awaits in this move-in r...	2 beds \| 2 baths \| 1,588 sq.ft.	$389,900	Airbnb cash on cash: -0.41% Traditional cash on cash: 4.89% Airbnb Rental Income: $860 Traditional Rental Income: $2466 Airbnb ROI: -0.41% Traditional ROI: 4.89%
110 Stanley Lake Drive Iron River, MI Sunsets on Stanley Lake. It's not hard to picture your family and friends enjoying this la...	3 beds \| 2 baths \| 1,130 sq.ft.	$365,000	Airbnb cash on cash: 1.12% Traditional cash on cash: 3.43% Airbnb Rental Income: $1834 Traditional Rental Income: $2133 Airbnb ROI: 1.12% Traditional ROI: 3.43%
614 Roosevelt Avenue Iron River, MI Charming Solid, Brick Home is in move in ready condition. This home has 2 bedrooms and 1 f...	2 beds \| 1 baths \| 1,104 sq.ft.	$149,900	Airbnb cash on cash: 1.27% Traditional cash on cash: 10.3% Airbnb Rental Income: $860 Traditional Rental Income: $1823 Airbnb ROI: 1.27% Traditional ROI: 10.3%

Real Estate investment in Iron-river, MI

There are 37 properties for sale in the city of Iron River . The median list price in Iron River is $99,840 and the average price per square foot is $61. In July 2026, the average monthly cash on cash return in Iron River is 8.00%. The average monthly rental income in Iron River is $2,031.

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

There are 37 investment properties available for sale in Iron-river.

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

The ROI for Long-Term is higher than the Short-Term in Iron-river with average rental income of $2,031.

Your search for investment property begins and ends here

Investment Property for Sale in Iron River, MI

161 Camp Lake Road

Iron River, MI

4 beds | 2 baths | 2,562 sq.ft.

$329,000

Airbnb cash on cash: 3.43%

Traditional cash on cash: 5.74%

Airbnb Rental Income: $2546

Traditional Rental Income: $2648

Airbnb ROI: 3.43%

Traditional ROI: 5.74%

1319 N River Avenue

Iron River, MI

3 beds | 1 baths | 703 sq.ft.

$154,900

Airbnb cash on cash: 5.91%

Traditional cash on cash: 7.95%

Airbnb Rental Income: $1834

Traditional Rental Income: $1642

Airbnb ROI: 5.91%

Traditional ROI: 7.95%

1669 Kofmehl Road

Iron River, MI

3 beds | 2 baths | 1,250 sq.ft.

$259,900

Airbnb cash on cash: 3.92%

Traditional cash on cash: 4.28%

Airbnb Rental Income: $1834

Traditional Rental Income: $1427

Airbnb ROI: 3.92%

Traditional ROI: 4.28%

645 E Hunter Road

Iron River, MI

4 beds | 2 baths | 1,929 sq.ft.

$194,000

Airbnb cash on cash: 8.8%

Traditional cash on cash: 9.09%

Airbnb Rental Income: $2546

Traditional Rental Income: $1987

Airbnb ROI: 8.8%

Traditional ROI: 9.09%

236 Wildwood Drive

Iron River, MI

4 beds | 4 baths | 4,100 sq.ft.

$829,900

Airbnb cash on cash: 0.63%

Traditional cash on cash: 1.71%

Airbnb Rental Income: $2546

Traditional Rental Income: $2768

Airbnb ROI: 0.63%

Traditional ROI: 1.71%

2072 FF Hwy 16 Road

Iron River, MI

1 beds | 1 baths | 1,371 sq.ft.

$279,000

Airbnb cash on cash: 0.9%

Traditional cash on cash: 3.77%

Airbnb Rental Income: $1418

Traditional Rental Income: $1748

Airbnb ROI: 0.9%

Traditional ROI: 3.77%

Forest 3612 Road

Iron River, MI

1 beds | 1 baths | 850 sq.ft.

$234,900

Airbnb cash on cash: 2.58%

Traditional cash on cash: 5.04%

Airbnb Rental Income: $1418

Traditional Rental Income: $1538

Airbnb ROI: 2.58%

Traditional ROI: 5.04%

163 Homan Lake Road

Iron River, MI

4 beds | 3 baths | 4,392 sq.ft.

$1,299,900

Airbnb cash on cash: -1.01%

Traditional cash on cash: 0.06%

Airbnb Rental Income: $2546

Traditional Rental Income: $3221

Airbnb ROI: -1.01%