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
1319 N River Ave Iron River, MI Move in ready, cozy, and efficient layout! This brick bungalow offers great curb appeal an...	3 beds \| 1 baths \| 1,406 sq.ft.	$149,900	Airbnb cash on cash: 4.16% Traditional cash on cash: 8.29% Airbnb Rental Income: $1486 Traditional Rental Income: $1642 Airbnb ROI: 4.16% Traditional ROI: 8.29%
163 Homan Rd Iron River, MI This spectacularly unique custom built 4 bedroom, 2.5 bath home on well over 5 acres was c...	4 beds \| 2 baths \| 4,392 sq.ft.	$1,299,900	Airbnb cash on cash: -0.81% Traditional cash on cash: 0.03% Airbnb Rental Income: $2832 Traditional Rental Income: $3189 Airbnb ROI: -0.81% Traditional ROI: 0.03%
1669 Kofmehl Rd Iron River, MI Three bedroom one and a half bedroom house sitting on 20 acres minutes away from the city ...	3 beds \| 1 baths \| 2,050 sq.ft.	$259,900	Airbnb cash on cash: 2.74% Traditional cash on cash: 4.28% Airbnb Rental Income: $1486 Traditional Rental Income: $1427 Airbnb ROI: 2.74% Traditional ROI: 4.28%
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: 0.94% Traditional cash on cash: 1.71% Airbnb Rental Income: $2832 Traditional Rental Income: $2768 Airbnb ROI: 0.94% Traditional ROI: 1.71%
2072 FF Hwy 16 Rd Iron River, MI Motivated Seller! Seclusion at its finest! Very nice log cabin nestled on 36 wooded acres ...	1 beds \| N/A baths \| 1,371 sq.ft.	$269,000	Airbnb cash on cash: 1.03% Traditional cash on cash: 4% Airbnb Rental Income: $1418 Traditional Rental Income: $1748 Airbnb ROI: 1.03% Traditional ROI: 4%
TBD Forest 3612 Rd Iron River, MI A once-in-a-lifetime opportunity for outdoor enthusiasts! This 1 bed, 1 bath camp sits on ...	1 beds \| N/A baths \| 850 sq.ft.	$225,000	Airbnb cash on cash: 2.74% Traditional cash on cash: 5.3% Airbnb Rental Income: $1418 Traditional Rental Income: $1538 Airbnb ROI: 2.74% Traditional ROI: 5.3%
121 N 5th Ave Iron River, MI 121 N 5th Ave, Iron River, MI 49935 \| Single Family Residential	N/A beds \| 1 baths \| 10,205 sq.ft.	$395,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.23% Airbnb Rental Income: $null Traditional Rental Income: $943 Airbnb ROI: N/A Traditional ROI: -0.23%
Lot 9 Elizabeth Ln Iron River, MI Lot 9 Elizabeth Ln, Iron River, MI 49935 \| Other	N/A beds \| N/A baths \| N/A	$75,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.93% Airbnb Rental Income: $null Traditional Rental Income: $879 Airbnb ROI: N/A Traditional ROI: 7.93%
TBD Hagerman Lake Rd Iron River, MI TBD Hagerman Lake Rd, Iron River, MI 49935 \| Other	N/A beds \| N/A baths \| N/A	$110,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.61% Airbnb Rental Income: $null Traditional Rental Income: $850 Airbnb ROI: N/A Traditional ROI: 4.61%
200 Olson Loop Rd Iron River, MI 200 Olson Loop Rd, Iron River, MI 49935 \| Other	N/A beds \| N/A baths \| N/A	$124,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.03% Airbnb Rental Income: $null Traditional Rental Income: $879 Airbnb ROI: N/A Traditional ROI: 4.03%
251 Tamarack Rd Iron River, MI 251 Tamarack Lake Rd, Iron River, MI 49935 \| Other	N/A beds \| N/A baths \| N/A	$79,500	Airbnb cash on cash: N/A Traditional cash on cash: 7.56% Airbnb Rental Income: $null Traditional Rental Income: $879 Airbnb ROI: N/A Traditional ROI: 7.56%
ON Elizabeth Ln #19 AC Iron River, MI ON Elizabeth Ln #19 AC, Iron River, MI 49935 \| Other	N/A beds \| N/A baths \| N/A	$70,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.83% Airbnb Rental Income: $null Traditional Rental Income: $879 Airbnb ROI: N/A Traditional ROI: 8.83%
180 Lynx Ln Iron River, MI 180 Lynx Ln, Iron River, MI 49935 \| Other	N/A beds \| N/A baths \| N/A	$325,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.1% Airbnb Rental Income: $null Traditional Rental Income: $894 Airbnb ROI: N/A Traditional ROI: 0.1%
TBD Homer Rd Iron River, MI TBD Homer Rd, Iron River, MI 49935 \| Other	N/A beds \| N/A baths \| N/A	$77,700	Airbnb cash on cash: N/A Traditional cash on cash: 7.97% Airbnb Rental Income: $null Traditional Rental Income: $894 Airbnb ROI: N/A Traditional ROI: 7.97%
527 USFS RD 2130 Rd Iron River, MI 527 USFS RD 2130 Rd, Iron River, MI 49935 \| Other	N/A beds \| N/A baths \| N/A	$1,999,999	Airbnb cash on cash: N/A Traditional cash on cash: -2.1% Airbnb Rental Income: $null Traditional Rental Income: $894 Airbnb ROI: N/A Traditional ROI: -2.1%
TBD Gendzwill Dr Iron River, MI TBD Gendzwill Dr, Iron River, MI 49935 \| Other	N/A beds \| N/A baths \| N/A	$154,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.88% Airbnb Rental Income: $null Traditional Rental Income: $894 Airbnb ROI: N/A Traditional ROI: 2.88%
TBD Camp Gibbs Rd Iron River, MI TBD Camp Gibbs Rd, Iron River, MI 49935 \| Other	N/A beds \| N/A baths \| N/A	$400,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.39% Airbnb Rental Income: $null Traditional Rental Income: $894 Airbnb ROI: N/A Traditional ROI: -0.39%
9.33ac W US2 Hwy Iron River, MI 9.33ac W US2 Hwy, Iron River, MI 49935 \| Other	N/A beds \| N/A baths \| N/A	$99,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.96% Airbnb Rental Income: $null Traditional Rental Income: $907 Airbnb ROI: N/A Traditional ROI: 5.96%
TBD Nordstrom Rd Iron River, MI TBD Nordstrom Rd, Iron River, MI 49935 \| Other	N/A beds \| N/A baths \| N/A	$54,900	Airbnb cash on cash: N/A Traditional cash on cash: 11.71% Airbnb Rental Income: $null Traditional Rental Income: $879 Airbnb ROI: N/A Traditional ROI: 11.71%
163 Homan Lake Rd Iron River, MI This spectacularly unique custom built 4 bedroom, 2.5 bath home on well over 5 acres was c...	4 beds \| 2 baths \| 4,392 sq.ft.	$1,299,900	Airbnb cash on cash: -0.81% Traditional cash on cash: 0.06% Airbnb Rental Income: $2832 Traditional Rental Income: $3221 Airbnb ROI: -0.81% Traditional ROI: 0.06%
104 Sleepy 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.	$264,900	Airbnb cash on cash: 1.95% Traditional cash on cash: 8.61% Airbnb Rental Income: $1486 Traditional Rental Income: $2714 Airbnb ROI: 1.95% Traditional ROI: 8.61%
111 Little Deer Rd 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.	$279,900	Airbnb cash on cash: 1.8% Traditional cash on cash: 8.86% Airbnb Rental Income: $1486 Traditional Rental Income: $2910 Airbnb ROI: 1.8% Traditional ROI: 8.86%
203 N 8th Ave Iron River, MI IRON RIVER, MICHIGAN CLASSIC COLONIAL HOME: Located just blocks from downtown Iron River i...	5 beds \| 1 baths \| 3,675 sq.ft.	$244,900	Airbnb cash on cash: 3.39% Traditional cash on cash: 9.76% Airbnb Rental Income: $1813 Traditional Rental Income: $2796 Airbnb ROI: 3.39% Traditional ROI: 9.76%
176 Sunset Shores Rd 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.	$999,500	Airbnb cash on cash: -1.21% Traditional cash on cash: 0.98% Airbnb Rental Income: $1813 Traditional Rental Income: $3362 Airbnb ROI: -1.21% Traditional ROI: 0.98%
104 Sleepy Hollow Rd Iron River, MI 104 Sleepy Hollow Rd, Iron River, MI 49935 \| Multi Family	6 beds \| 2 baths \| 2,053 sq.ft.	$264,900	Airbnb cash on cash: 2.4% Traditional cash on cash: 7.23% Airbnb Rental Income: $1813 Traditional Rental Income: $2529 Airbnb ROI: 2.4% Traditional ROI: 7.23%
4008 W US2 Hwy 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: 1.58% Traditional cash on cash: 7.71% Airbnb Rental Income: $997 Traditional Rental Income: $1465 Airbnb ROI: 1.58% Traditional ROI: 7.71%
107 4th Ave Ave N Iron River, MI 107 4th Ave Ave N, Iron River, MI 49935 \| Single Family Residential	5 beds \| 2 baths \| 2,223 sq.ft.	$182,500	Airbnb cash on cash: 4.57% Traditional cash on cash: 11.99% Airbnb Rental Income: $1813 Traditional Rental Income: $2611 Airbnb ROI: 4.57% Traditional ROI: 11.99%
436 Forest Rd 3920 Iron River, MI 436 Forest Rd 3920, Iron River, MI 49935 \| Single Family Residential	N/A beds \| N/A baths \| 576 sq.ft.	$119,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.74% Airbnb Rental Income: $null Traditional Rental Income: $815 Airbnb ROI: N/A Traditional ROI: 3.74%
VL 3.49A Elizabeth Ln Iron River, MI VL 3.49A Elizabeth Ln, Iron River, MI 49935 \| Other	N/A beds \| N/A baths \| N/A	$129,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.88% Airbnb Rental Income: $null Traditional Rental Income: $891 Airbnb ROI: N/A Traditional ROI: 3.88%
236 Passamani Rd Iron River, MI Peaceful country living with room for everything. Situated on 40 beautiful acres just 10 m...	4 beds \| 2 baths \| 3,640 sq.ft.	$515,000	Airbnb cash on cash: 2.43% Traditional cash on cash: 5.89% Airbnb Rental Income: $2832 Traditional Rental Income: $3836 Airbnb ROI: 2.43% Traditional ROI: 5.89%
TBD Eagles Nest Ln Lot A and B Iron River, MI TBD Eagles Nest Ln, Iron River, MI 49935 \| Other	N/A beds \| N/A baths \| N/A	$89,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.56% Airbnb Rental Income: $null Traditional Rental Income: $888 Airbnb ROI: N/A Traditional ROI: 6.56%
TBD FFH16 Hwy 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.	$174,500	Airbnb cash on cash: 2.02% Traditional cash on cash: 9.72% Airbnb Rental Income: $997 Traditional Rental Income: $1921 Airbnb ROI: 2.02% Traditional ROI: 9.72%
184 Marten Lake Rd 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.	$159,900	Airbnb cash on cash: 4.58% Traditional cash on cash: 8.55% Airbnb Rental Income: $1418 Traditional Rental Income: $1599 Airbnb ROI: 4.58% Traditional ROI: 8.55%
TBD 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.	$749,000	Airbnb cash on cash: 0.14% Traditional cash on cash: 1.16% Airbnb Rental Income: $1486 Traditional Rental Income: $1761 Airbnb ROI: 0.14% Traditional ROI: 1.16%
1325 Bates-Amasa Rd 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: 0.84% Traditional cash on cash: 4.01% Airbnb Rental Income: $997 Traditional Rental Income: $1508 Airbnb ROI: 0.84% Traditional ROI: 4.01%
TBD University Rd Iron River, MI TBD University Rd, Iron River, MI 49935 \| Other	N/A beds \| N/A baths \| N/A	$289,950	Airbnb cash on cash: N/A Traditional cash on cash: 0.39% Airbnb Rental Income: $null Traditional Rental Income: $888 Airbnb ROI: N/A Traditional ROI: 0.39%
TBD University Dr #parcel 3 Iron River, MI TBD University Dr #parcel 3, Iron River, MI 49935 \| Other	N/A beds \| N/A baths \| N/A	$289,950	Airbnb cash on cash: N/A Traditional cash on cash: 0.39% Airbnb Rental Income: $null Traditional Rental Income: $888 Airbnb ROI: N/A Traditional ROI: 0.39%
123 Brule Village Rd Iron River, MI This beautifully renovated single family home creates the perfect balance between modern l...	3 beds \| 1 baths \| 1,550 sq.ft.	$210,000	Airbnb cash on cash: 2.28% Traditional cash on cash: 6.44% Airbnb Rental Income: $1486 Traditional Rental Income: $1876 Airbnb ROI: 2.28% Traditional ROI: 6.44%
110 Stanley Lake Dr Iron River, MI Sunsets on Stanley Lake. It's not hard to picture your family and friends enjoying this la...	3 beds \| 2 baths \| 1,372 sq.ft.	$365,000	Airbnb cash on cash: 0.27% Traditional cash on cash: 3.43% Airbnb Rental Income: $1486 Traditional Rental Income: $2133 Airbnb ROI: 0.27% Traditional ROI: 3.43%
277 Marinello Rd Iron River, MI Discover this inviting 4-bedroom, 2-bath home on the serene shores of Stanley Lake. Set on...	4 beds \| 2 baths \| 1,404 sq.ft.	$349,000	Airbnb cash on cash: 4.94% Traditional cash on cash: 6.01% Airbnb Rental Income: $2832 Traditional Rental Income: $2523 Airbnb ROI: 4.94% Traditional ROI: 6.01%

Real Estate investment in Iron-river, MI

There are 87 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 $50. In October 2026, the average monthly cash on cash return in Iron River is 8.00%. The average monthly rental income in Iron River is $1,617.

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

There are 87 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 $1,617.

Your search for investment property begins and ends here

Investment Property for Sale in Iron River, MI

1319 N River Ave

Iron River, MI

3 beds | 1 baths | 1,406 sq.ft.

$149,900

Airbnb cash on cash: 4.16%

Traditional cash on cash: 8.29%

Airbnb Rental Income: $1486

Traditional Rental Income: $1642

Airbnb ROI: 4.16%

Traditional ROI: 8.29%

163 Homan Rd

Iron River, MI

4 beds | 2 baths | 4,392 sq.ft.

$1,299,900

Airbnb cash on cash: -0.81%

Traditional cash on cash: 0.03%

Airbnb Rental Income: $2832

Traditional Rental Income: $3189

Airbnb ROI: -0.81%

Traditional ROI: 0.03%

1669 Kofmehl Rd

Iron River, MI

3 beds | 1 baths | 2,050 sq.ft.

$259,900

Airbnb cash on cash: 2.74%

Traditional cash on cash: 4.28%

Airbnb Rental Income: $1486

Traditional Rental Income: $1427

Airbnb ROI: 2.74%

Traditional ROI: 4.28%

236 Wildwood Drive

Iron River, MI

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

$829,900

Airbnb cash on cash: 0.94%

Traditional cash on cash: 1.71%

Airbnb Rental Income: $2832

Traditional Rental Income: $2768

Airbnb ROI: 0.94%

Traditional ROI: 1.71%

2072 FF Hwy 16 Rd

Iron River, MI

1 beds | N/A baths | 1,371 sq.ft.

$269,000

Airbnb cash on cash: 1.03%

Traditional cash on cash: 4%

Airbnb Rental Income: $1418

Traditional Rental Income: $1748

Airbnb ROI: 1.03%

Traditional ROI: 4%

TBD Forest 3612 Rd

Iron River, MI

1 beds | N/A baths | 850 sq.ft.

$225,000

Airbnb cash on cash: 2.74%

Traditional cash on cash: 5.3%

Airbnb Rental Income: $1418

Traditional Rental Income: $1538

Airbnb ROI: 2.74%

Traditional ROI: 5.3%

121 N 5th Ave

Iron River, MI

N/A beds | 1 baths | 10,205 sq.ft.

$395,000

Airbnb cash on cash: N/A

Traditional cash on cash: -0.23%

Airbnb Rental Income: $null

Traditional Rental Income: $943

Airbnb ROI: N/A

Traditional ROI: -0.23%

Lot 9 Elizabeth Ln

Iron River, MI

N/A beds | N/A baths | N/A

$75,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.93%

Airbnb Rental Income: $null

Traditional Rental Income: $879

Airbnb ROI: N/A