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 Iron River, MI Welcome to your waterfront retreat on the charming shores of Camp Lake! This 4-bedroom, 2-...	4 beds \| 2 baths \| 1,462 sq.ft.	$359,900	Airbnb cash on cash: 0.53% Traditional cash on cash: 5.04% Airbnb Rental Income: $1577 Traditional Rental Income: $2648 Airbnb ROI: 0.53% Traditional ROI: 5.04%
410 Ruby Iron River, MI Quiet lovely home in a neighborhood on a dead end street completely update home inside. N...	3 beds \| 2 baths \| 1,400 sq.ft.	$169,000	Airbnb cash on cash: 3.85% Traditional cash on cash: 11.4% Airbnb Rental Income: $1569 Traditional Rental Income: $2335 Airbnb ROI: 3.85% Traditional ROI: 11.4%
202 Cataldo Iron River, MI This extraordinary upscale home is located in the Upper Peninsula of Michigan on one of th...	3 beds \| 4 baths \| 3,400 sq.ft.	$939,000	Airbnb cash on cash: -1.37% Traditional cash on cash: 1.52% Airbnb Rental Income: $1569 Traditional Rental Income: $3642 Airbnb ROI: -1.37% Traditional ROI: 1.52%
112 Stanley Lake Iron River, MI Custom-built, year-round home on beautiful Stanley Lake! Built in 2015, this spacious 4-be...	4 beds \| 3 baths \| 2,286 sq.ft.	$749,000	Airbnb cash on cash: -1.05% Traditional cash on cash: 2.31% Airbnb Rental Income: $1577 Traditional Rental Income: $3471 Airbnb ROI: -1.05% Traditional ROI: 2.31%
TBD FFR 3110 Iron River, MI Nestled in the breathtaking Upper Peninsula, this charming 2 bedroom, 1 bathroom, log cabi...	2 beds \| 1 baths \| 766 sq.ft.	$289,999	Airbnb cash on cash: -0.04% Traditional cash on cash: 4.17% Airbnb Rental Income: $1150 Traditional Rental Income: $1920 Airbnb ROI: -0.04% Traditional ROI: 4.17%
102 Big Bear Iron River, MI Rental opportunity at its finest! This duplex is located within walking distance to Ski Br...	4 beds \| 3 baths \| 858 sq.ft.	$219,000	Airbnb cash on cash: 1.31% Traditional cash on cash: 10.07% Airbnb Rental Income: $1150 Traditional Rental Income: $2588 Airbnb ROI: 1.31% Traditional ROI: 10.07%
3308 E US HWY 2 Iron River, MI Situated within a short distance of Iron River, this recently renovated three-bedroom, one...	3 beds \| 2 baths \| 1,303 sq.ft.	$225,900	Airbnb cash on cash: 3.54% Traditional cash on cash: 4.49% Airbnb Rental Income: $1569 Traditional Rental Income: $1323 Airbnb ROI: 3.54% Traditional ROI: 4.49%
371 Morrison Creek Iron River, MI Peaceful, private, and spacious are just a few words to describe this beautiful log home o...	3 beds \| 3 baths \| 2,480 sq.ft.	$449,900	Airbnb cash on cash: -0.09% Traditional cash on cash: 4.57% Airbnb Rental Income: $1569 Traditional Rental Income: $3080 Airbnb ROI: -0.09% Traditional ROI: 4.57%
1237 Stromberg Iron River, MI Quintessential farmhouse and classic Saltbox style barn sitting on over 11 acres overlook...	3 beds \| 2 baths \| 1,320 sq.ft.	$275,000	Airbnb cash on cash: 2.62% Traditional cash on cash: 6.56% Airbnb Rental Income: $1569 Traditional Rental Income: $2142 Airbnb ROI: 2.62% Traditional ROI: 6.56%
110 Little Bear Iron River, MI Conifer Lodge is a beautifully furnished 2 bedroom, 1 bath home sitting in a great locatio...	2 beds \| 1 baths \| 720 sq.ft.	$175,000	Airbnb cash on cash: 2.33% Traditional cash on cash: 6.66% Airbnb Rental Income: $1150 Traditional Rental Income: $1492 Airbnb ROI: 2.33% Traditional ROI: 6.66%
On SMOKY LAKE DR Iron River, MI Smoky Lakeâa highly coveted 596 ac lake that offers an abundance of recreational opportu...	3 beds \| 3 baths \| 2,604 sq.ft.	$1,050,000	Airbnb cash on cash: -1.48% Traditional cash on cash: 0.76% Airbnb Rental Income: $1569 Traditional Rental Income: $3311 Airbnb ROI: -1.48% Traditional ROI: 0.76%
On Smoky Lake Iron River, MI Smoky Lakeâa highly coveted 596 acre lake that offers an abundance of recreational oppor...	3 beds \| 3 baths \| 1,172 sq.ft.	$1,050,000	Airbnb cash on cash: 0.03% Traditional cash on cash: 1.29% Airbnb Rental Income: $1569 Traditional Rental Income: $2350 Airbnb ROI: 0.03% Traditional ROI: 1.29%
203 N Eighth Iron River, MI They don't make them like this anymore! Stately, quality-built Colonial sitting on a large...	4 beds \| 2 baths \| 2,625 sq.ft.	$279,900	Airbnb cash on cash: 2.17% Traditional cash on cash: 8.79% Airbnb Rental Income: $1577 Traditional Rental Income: $2871 Airbnb ROI: 2.17% Traditional ROI: 8.79%
242 Elizabeth Iron River, MI Your search for that perfect place to come home to; your search for a waterfront retreat w...	2 beds \| 3 baths \| 1,640 sq.ft.	$485,000	Airbnb cash on cash: -0.29% Traditional cash on cash: 4.19% Airbnb Rental Income: $1150 Traditional Rental Income: $2800 Airbnb ROI: -0.29% Traditional ROI: 4.19%
312 Bates Amasa Iron River, MI Large 3 bedroom, 1 bath home on over 4 acres of beautiful mature Maple trees. One end of t...	4 beds \| 1 baths \| 2,860 sq.ft.	$225,000	Airbnb cash on cash: 3.07% Traditional cash on cash: 7.99% Airbnb Rental Income: $1577 Traditional Rental Income: $2172 Airbnb ROI: 3.07% Traditional ROI: 7.99%
604 Cherry Iron River, MI Move-in ready 3 bedroom, 1.5 bath home with so much to offer! Amenities include a spacious...	3 beds \| 2 baths \| 1,104 sq.ft.	$199,900	Airbnb cash on cash: 3.28% Traditional cash on cash: 8.2% Airbnb Rental Income: $1569 Traditional Rental Income: $2053 Airbnb ROI: 3.28% Traditional ROI: 8.2%
751 Winslow Lake Iron River, MI Picture perfect log-sided cabin in the middle of the Ottawa National Forest with ~35 acres...	1 beds \| N/A baths \| 768 sq.ft.	$138,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.92% Airbnb Rental Income: $null Traditional Rental Income: $1473 Airbnb ROI: N/A Traditional ROI: 7.92%
127 Bass Lake Iron River, MI This 3 bedroom, 1 bath cottage boasts 150 feet of frontage on Bass Lake. Ideal for use as ...	3 beds \| 1 baths \| 1,061 sq.ft.	$289,900	Airbnb cash on cash: 1.23% Traditional cash on cash: 4.02% Airbnb Rental Income: $1569 Traditional Rental Income: $1879 Airbnb ROI: 1.23% Traditional ROI: 4.02%
106 Rogers Iron River, MI Discover timeless charm in this 2-story, 4-bedroom, 2-bath home located in the scenic beau...	4 beds \| 2 baths \| 2,210 sq.ft.	$239,900	Airbnb cash on cash: 2.03% Traditional cash on cash: 9.38% Airbnb Rental Income: $1577 Traditional Rental Income: $2791 Airbnb ROI: 2.03% Traditional ROI: 9.38%
125 Baumgartner Iron River, MI Charming Country Home on 20 Acres! This lovely country home offers the perfect blend of co...	4 beds \| 4 baths \| 2,760 sq.ft.	$499,900	Airbnb cash on cash: -0.32% Traditional cash on cash: 4.28% Airbnb Rental Income: $1577 Traditional Rental Income: $3277 Airbnb ROI: -0.32% Traditional ROI: 4.28%
3759 W Brule Lake Iron River, MI Looking for a lake getaway? Take a look at this open concept 3 bedroom home that sits on n...	3 beds \| 1 baths \| 900 sq.ft.	$299,900	Airbnb cash on cash: 1.11% Traditional cash on cash: 4.35% Airbnb Rental Income: $1569 Traditional Rental Income: $2032 Airbnb ROI: 1.11% Traditional ROI: 4.35%
2603 Lake Ottawa Iron River, MI 2,600+ square feet of contemporary living space on over 10 acres in the country! This mode...	3 beds \| 2 baths \| 1,652 sq.ft.	$319,900	Airbnb cash on cash: 0.88% Traditional cash on cash: 1.15% Airbnb Rental Income: $1569 Traditional Rental Income: $1198 Airbnb ROI: 0.88% Traditional ROI: 1.15%
2072 FF Hwy 16 Iron River, MI Seclusion at its finest! Very nice log cabin nestled on 36 wooded acres in the heart of th...	1 beds \| 1 baths \| 1,371 sq.ft.	$299,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.36% Airbnb Rental Income: $null Traditional Rental Income: $1748 Airbnb ROI: N/A Traditional ROI: 3.36%

Real Estate investment in Iron-river, MI

There are 28 properties for sale in the city of Iron River . The median list price in Iron River is $222,000 and the average price per square foot is $143. In September 2025, the average monthly cash on cash return in Iron River is 8.00%. The average monthly rental income in Iron River is $2,227.

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

There are 28 investment properties available for sale in Iron-river.

In 2025, 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 $2,227.

Your search for investment property begins and ends here

Investment Property for Sale in Iron River, MI

161 Camp Lake

Iron River, MI

4 beds | 2 baths | 1,462 sq.ft.

$359,900

Airbnb cash on cash: 0.53%

Traditional cash on cash: 5.04%

Airbnb Rental Income: $1577

Traditional Rental Income: $2648

Airbnb ROI: 0.53%

Traditional ROI: 5.04%

410 Ruby

Iron River, MI

3 beds | 2 baths | 1,400 sq.ft.

$169,000

Airbnb cash on cash: 3.85%

Traditional cash on cash: 11.4%

Airbnb Rental Income: $1569

Traditional Rental Income: $2335

Airbnb ROI: 3.85%

Traditional ROI: 11.4%

202 Cataldo

Iron River, MI

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

$939,000

Airbnb cash on cash: -1.37%

Traditional cash on cash: 1.52%

Airbnb Rental Income: $1569

Traditional Rental Income: $3642

Airbnb ROI: -1.37%

Traditional ROI: 1.52%

112 Stanley Lake

Iron River, MI

4 beds | 3 baths | 2,286 sq.ft.

$749,000

Airbnb cash on cash: -1.05%

Traditional cash on cash: 2.31%

Airbnb Rental Income: $1577

Traditional Rental Income: $3471

Airbnb ROI: -1.05%

Traditional ROI: 2.31%

TBD FFR 3110

Iron River, MI

2 beds | 1 baths | 766 sq.ft.

$289,999

Airbnb cash on cash: -0.04%

Traditional cash on cash: 4.17%

Airbnb Rental Income: $1150

Traditional Rental Income: $1920

Airbnb ROI: -0.04%

Traditional ROI: 4.17%

102 Big Bear

Iron River, MI

4 beds | 3 baths | 858 sq.ft.

$219,000

Airbnb cash on cash: 1.31%

Traditional cash on cash: 10.07%

Airbnb Rental Income: $1150

Traditional Rental Income: $2588

Airbnb ROI: 1.31%

Traditional ROI: 10.07%

3308 E US HWY 2

Iron River, MI

3 beds | 2 baths | 1,303 sq.ft.

$225,900

Airbnb cash on cash: 3.54%

Traditional cash on cash: 4.49%

Airbnb Rental Income: $1569

Traditional Rental Income: $1323

Airbnb ROI: 3.54%

Traditional ROI: 4.49%

371 Morrison Creek

Iron River, MI

3 beds | 3 baths | 2,480 sq.ft.

$449,900

Airbnb cash on cash: -0.09%

Traditional cash on cash: 4.57%

Airbnb Rental Income: $1569

Traditional Rental Income: $3080

Airbnb ROI: -0.09%