Real Estate Investment Properties for Sale in Ishpeming, MI

Looking for investment property in Ishpeming, MI with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1110 Co Rd GGG Ishpeming, MI Beautiful year-round living awaits on the highly sought-after Dead River Basin, offering a...	4 beds \| 3 baths \| 1,568 sq.ft.	$799,900	Airbnb cash on cash: N/A Traditional cash on cash: 0.92% Airbnb Rental Income: $null Traditional Rental Income: $2663 Airbnb ROI: N/A Traditional ROI: 0.92%
21330 Long Lake Ishpeming, MI Looking for a beautiful, remote waterfront summer home? This is it! This lakefront home wa...	2 beds \| 1 baths \| 864 sq.ft.	$328,000	Airbnb cash on cash: -0.15% Traditional cash on cash: 2.97% Airbnb Rental Income: $1216 Traditional Rental Income: $1787 Airbnb ROI: -0.15% Traditional ROI: 2.97%
113 N 2nd Ishpeming, MI **Turn Key Restaurant with 2-Bedroom Residence Above in Ishpeming â Formerly Known as Th...	2 beds \| 4 baths \| 4,488 sq.ft.	$240,000	Airbnb cash on cash: 0.49% Traditional cash on cash: 10.15% Airbnb Rental Income: $1216 Traditional Rental Income: $3015 Airbnb ROI: 0.49% Traditional ROI: 10.15%
612 Maurice Ishpeming, MI Plenty of Potential! This versatile home offers multiple living options with a full first-...	3 beds \| 2 baths \| 1,359 sq.ft.	$179,900	Airbnb cash on cash: 2.23% Traditional cash on cash: 9.54% Airbnb Rental Income: $1216 Traditional Rental Income: $2075 Airbnb ROI: 2.23% Traditional ROI: 9.54%
21330 Long Lake Rd Ishpeming, MI Looking for a beautiful, remote waterfront summer home? This is it! This lakefront home wa...	2 beds \| 1 baths \| 864 sq.ft.	$328,000	Airbnb cash on cash: 1.22% Traditional cash on cash: 4.02% Airbnb Rental Income: $1216 Traditional Rental Income: $1686 Airbnb ROI: 1.22% Traditional ROI: 4.02%
400 S Lake St Ishpeming, MI Welcome to easy, maintenance-free living in this thoughtfully designed new construction ho...	2 beds \| 1 baths \| 1,026 sq.ft.	$298,000	Airbnb cash on cash: 0.09% Traditional cash on cash: 3.36% Airbnb Rental Income: $1216 Traditional Rental Income: $1743 Airbnb ROI: 0.09% Traditional ROI: 3.36%
162 Bluff St Ishpeming, MI 162 Bluff St, Ishpeming, MI 49849 \| Single Family Residential	5 beds \| 3 baths \| 2,239 sq.ft.	$250,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.73% Airbnb Rental Income: $null Traditional Rental Income: $2514 Airbnb ROI: N/A Traditional ROI: 7.73%
1313 N Third St Ishpeming, MI 1313 N Third St, Ishpeming, MI 49849 \| Single Family Residential	2 beds \| 1 baths \| 1,130 sq.ft.	$175,000	Airbnb cash on cash: 1.87% Traditional cash on cash: 3.54% Airbnb Rental Income: $1216 Traditional Rental Income: $1102 Airbnb ROI: 1.87% Traditional ROI: 3.54%

Real Estate investment in Ishpeming, MI

There are 39 properties for sale in the city of Ishpeming . The median list price in Ishpeming is $222,500 and the average price per square foot is $153. In May 2026, the average monthly cash on cash return in Ishpeming is 6.00%. The average monthly rental income in Ishpeming is $2,143.

Ishpeming, MI Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 39 investment properties available for sale in Ishpeming.

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

The ROI for Short-Term is higher than the Long-Term in Ishpeming with average rental income of $1,041.

Your search for investment property begins and ends here

Investment Property for Sale in Ishpeming, MI

1110 Co Rd GGG

Ishpeming, MI

4 beds | 3 baths | 1,568 sq.ft.

$799,900

Airbnb cash on cash: N/A

Traditional cash on cash: 0.92%

Airbnb Rental Income: $null

Traditional Rental Income: $2663

Airbnb ROI: N/A

Traditional ROI: 0.92%

21330 Long Lake

Ishpeming, MI

2 beds | 1 baths | 864 sq.ft.

$328,000

Airbnb cash on cash: -0.15%

Traditional cash on cash: 2.97%

Airbnb Rental Income: $1216

Traditional Rental Income: $1787

Airbnb ROI: -0.15%

Traditional ROI: 2.97%

113 N 2nd

Ishpeming, MI

2 beds | 4 baths | 4,488 sq.ft.

$240,000

Airbnb cash on cash: 0.49%

Traditional cash on cash: 10.15%

Airbnb Rental Income: $1216

Traditional Rental Income: $3015

Airbnb ROI: 0.49%

Traditional ROI: 10.15%

612 Maurice

Ishpeming, MI

3 beds | 2 baths | 1,359 sq.ft.

$179,900

Airbnb cash on cash: 2.23%

Traditional cash on cash: 9.54%

Airbnb Rental Income: $1216

Traditional Rental Income: $2075

Airbnb ROI: 2.23%

Traditional ROI: 9.54%

21330 Long Lake Rd

Ishpeming, MI

2 beds | 1 baths | 864 sq.ft.

$328,000

Airbnb cash on cash: 1.22%

Traditional cash on cash: 4.02%

Airbnb Rental Income: $1216

Traditional Rental Income: $1686

Airbnb ROI: 1.22%

Traditional ROI: 4.02%

400 S Lake St

Ishpeming, MI

2 beds | 1 baths | 1,026 sq.ft.

$298,000

Airbnb cash on cash: 0.09%

Traditional cash on cash: 3.36%

Airbnb Rental Income: $1216

Traditional Rental Income: $1743

Airbnb ROI: 0.09%

Traditional ROI: 3.36%

162 Bluff St

Ishpeming, MI

5 beds | 3 baths | 2,239 sq.ft.

$250,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.73%

Airbnb Rental Income: $null

Traditional Rental Income: $2514

Airbnb ROI: N/A

Traditional ROI: 7.73%

1313 N Third St

Ishpeming, MI

2 beds | 1 baths | 1,130 sq.ft.

$175,000

Airbnb cash on cash: 1.87%

Traditional cash on cash: 3.54%

Airbnb Rental Income: $1216

Traditional Rental Income: $1102

Airbnb ROI: 1.87%