Real Estate Investment Properties for Sale in Johannesburg, MI

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
7539 E M-32 Johannesburg, MI Charming 3 bed, 2 bath home on 10 peaceful acres near Johannesburg, just minutes from Gayl...	3 beds \| 2 baths \| 1,411 sq.ft.	$194,000	Airbnb cash on cash: 7.53% Traditional cash on cash: 10.71% Airbnb Rental Income: $2335 Traditional Rental Income: $2342 Airbnb ROI: 7.53% Traditional ROI: 10.71%
8765 Beckett Johannesburg, MI 680 contiguous acres along Beckett and down to Waters Rd including 3 houses, outbuildings,...	3 beds \| 1 baths \| 2,000 sq.ft.	$3,250,000	Airbnb cash on cash: -0.49% Traditional cash on cash: -0.29% Airbnb Rental Income: $2335 Traditional Rental Income: $2340 Airbnb ROI: -0.49% Traditional ROI: -0.29%
6664 Crystal Street Johannesburg, MI This 3-bedroom, 2-bathroom home in the Little Bear Area Association is the perfect retreat...	3 beds \| 2 baths \| 1,188 sq.ft.	$167,500	Airbnb cash on cash: 7.85% Traditional cash on cash: 10.17% Airbnb Rental Income: $2335 Traditional Rental Income: $2128 Airbnb ROI: 7.85% Traditional ROI: 10.17%
7654 M 32 E Johannesburg, MI Sprawling 4-Bedroom Ranch on 30 Acres - Endless Potential! Discover the perfect blend of s...	4 beds \| 2 baths \| 2,554 sq.ft.	$359,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.46% Airbnb Rental Income: $null Traditional Rental Income: $2772 Airbnb ROI: N/A Traditional ROI: 6.46%
7928 Blueberry Lane Johannesburg, MI Wonderful cottage on quiet Little Bass Lake, open floorplan, vaulted ceilings, teak floors...	3 beds \| 2 baths \| 1,930 sq.ft.	$385,000	Airbnb cash on cash: 3.11% Traditional cash on cash: 6.49% Airbnb Rental Income: $2335 Traditional Rental Income: $2979 Airbnb ROI: 3.11% Traditional ROI: 6.49%
14250 Chippewa Trail Johannesburg, MI Located on 41 rolling acres and spanning nearly 1500 feet of frontage on scenic Traverse L...	4 beds \| 2 baths \| 3,174 sq.ft.	$699,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.17% Airbnb Rental Income: $null Traditional Rental Income: $3203 Airbnb ROI: N/A Traditional ROI: 3.17%
7106 Douglas Lake Road Johannesburg, MI This adorable, open floor plan home is bursting with natural light and cozy charm. Nestled...	2 beds \| 1 baths \| 1,887 sq.ft.	$279,900	Airbnb cash on cash: 0.17% Traditional cash on cash: 4.95% Airbnb Rental Income: $805 Traditional Rental Income: $1743 Airbnb ROI: 0.17% Traditional ROI: 4.95%
4974 Meridian Line Road Johannesburg, MI Nicely situated home just outside of Vienna. Near all the popular lakes, including Big Bea...	1 beds \| 1 baths \| 975 sq.ft.	$149,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.4% Airbnb Rental Income: $null Traditional Rental Income: $1395 Airbnb ROI: N/A Traditional ROI: 7.4%
8717 Caulkins Lake Road Johannesburg, MI Ranch home w/242 ft of frontage on 63 acre all-sport Caulkins Lake. Quiet 1.15 acre settin...	2 beds \| 1 baths \| 1,035 sq.ft.	$330,000	Airbnb cash on cash: -0.23% Traditional cash on cash: 3.59% Airbnb Rental Income: $805 Traditional Rental Income: $1668 Airbnb ROI: -0.23% Traditional ROI: 3.59%
6247 Bear Lake Road Johannesburg, MI Welcome to your perfect getaway across the street from beautiful Little Bear Lake! This ch...	3 beds \| 1 baths \| 1,278 sq.ft.	$183,500	Airbnb cash on cash: 7.81% Traditional cash on cash: 8.4% Airbnb Rental Income: $2335 Traditional Rental Income: $1860 Airbnb ROI: 7.81% Traditional ROI: 8.4%
6615 Bainter Drive Johannesburg, MI This home offers a very peaceful setting. There are 3 nice sized bedrooms and 2 full bathr...	3 beds \| 2 baths \| 1,752 sq.ft.	$239,000	Airbnb cash on cash: 6.03% Traditional cash on cash: 10.47% Airbnb Rental Income: $2335 Traditional Rental Income: $2760 Airbnb ROI: 6.03% Traditional ROI: 10.47%
7501 Douglas Lake Road Johannesburg, MI Nicely updated 3 bedroom 2 bathroom walkout with 160 feet of frontage on secluded all-spor...	3 beds \| 2 baths \| 1,920 sq.ft.	$569,000	Airbnb cash on cash: 1.69% Traditional cash on cash: 4.06% Airbnb Rental Income: $2335 Traditional Rental Income: $3016 Airbnb ROI: 1.69% Traditional ROI: 4.06%

Real Estate investment in Johannesburg, MI

There are 14 properties for sale in the city of Johannesburg . The median list price in Johannesburg is $279,900 and the average price per square foot is $166. In September 2025, the average monthly cash on cash return in Johannesburg is 6.00%. The average monthly rental income in Johannesburg is $2,342.

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

There are 14 investment properties available for sale in Johannesburg.

In 2025, the best neighborhood to buy investment property is Johannesburg.

The ROI for Long-Term is higher than the Short-Term in Johannesburg with average rental income of $2,342.

Your search for investment property begins and ends here

Investment Property for Sale in Johannesburg, MI

7539 E M-32

Johannesburg, MI

3 beds | 2 baths | 1,411 sq.ft.

$194,000

Airbnb cash on cash: 7.53%

Traditional cash on cash: 10.71%

Airbnb Rental Income: $2335

Traditional Rental Income: $2342

Airbnb ROI: 7.53%

Traditional ROI: 10.71%

8765 Beckett

Johannesburg, MI

3 beds | 1 baths | 2,000 sq.ft.

$3,250,000

Airbnb cash on cash: -0.49%

Traditional cash on cash: -0.29%

Airbnb Rental Income: $2335

Traditional Rental Income: $2340

Airbnb ROI: -0.49%

Traditional ROI: -0.29%

6664 Crystal Street

Johannesburg, MI

3 beds | 2 baths | 1,188 sq.ft.

$167,500

Airbnb cash on cash: 7.85%

Traditional cash on cash: 10.17%

Airbnb Rental Income: $2335

Traditional Rental Income: $2128

Airbnb ROI: 7.85%

Traditional ROI: 10.17%

7654 M 32 E

Johannesburg, MI

4 beds | 2 baths | 2,554 sq.ft.

$359,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.46%

Airbnb Rental Income: $null

Traditional Rental Income: $2772

Airbnb ROI: N/A

Traditional ROI: 6.46%

7928 Blueberry Lane

Johannesburg, MI

3 beds | 2 baths | 1,930 sq.ft.

$385,000

Airbnb cash on cash: 3.11%

Traditional cash on cash: 6.49%

Airbnb Rental Income: $2335

Traditional Rental Income: $2979

Airbnb ROI: 3.11%

Traditional ROI: 6.49%

14250 Chippewa Trail

Johannesburg, MI

4 beds | 2 baths | 3,174 sq.ft.

$699,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.17%

Airbnb Rental Income: $null

Traditional Rental Income: $3203

Airbnb ROI: N/A

Traditional ROI: 3.17%

7106 Douglas Lake Road

Johannesburg, MI

2 beds | 1 baths | 1,887 sq.ft.

$279,900

Airbnb cash on cash: 0.17%

Traditional cash on cash: 4.95%

Airbnb Rental Income: $805

Traditional Rental Income: $1743

Airbnb ROI: 0.17%

Traditional ROI: 4.95%

4974 Meridian Line Road

Johannesburg, MI

1 beds | 1 baths | 975 sq.ft.

$149,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.4%

Airbnb Rental Income: $null

Traditional Rental Income: $1395

Airbnb ROI: N/A