Real Estate Investment Properties for Sale in Kalkaska, MI

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

Explore a variety of short-term homes & houses in Kalkaska, MI. Invest wisely with VRBO & Kalkaska, MI Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Single Family Homes for Sale in Kalkaska, MI

Search for Single Family Residential for Sale in Kalkaska, Michigan. Browse all of Mashvisor’s Single Family Residential listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 132 Single Family Residential listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
5041 Maple Knoll Drive NE Kalkaska, MI Charming all-sports lakefront property on beautiful Manistee Lake offering the perfect fou...	2 beds \| 2 baths \| 957 sq.ft.	$599,900	Airbnb cash on cash: -0.63% Traditional cash on cash: 1.26% Airbnb Rental Income: $1196 Traditional Rental Income: $1865 Airbnb ROI: -0.63% Traditional ROI: 1.26%
1106 Washington Ave Kalkaska, MI New Construction, This 3 bedroom, 2 bath bi-level, qualifies for zero down financing, Car...	2 beds \| 1 baths \| 1,200 sq.ft.	$299,900	Airbnb cash on cash: 0.01% Traditional cash on cash: 3.41% Airbnb Rental Income: $1196 Traditional Rental Income: $1767 Airbnb ROI: 0.01% Traditional ROI: 3.41%
1158 East Lake Dr Kalkaska, MI Lakeside living is yours for the summer, and it doesn't get much easier than this! What y...	2 beds \| 1 baths \| 720 sq.ft.	$239,900	Airbnb cash on cash: 0.63% Traditional cash on cash: 4.07% Airbnb Rental Income: $1196 Traditional Rental Income: $1588 Airbnb ROI: 0.63% Traditional ROI: 4.07%
7249 NE Blue Lake Rd Kalkaska, MI Unmatched quality down to every finish detail is found here in this Maple Ridge Custom Hom...	4 beds \| 3 baths \| 4,025 sq.ft.	$1,250,000	Airbnb cash on cash: -1.33% Traditional cash on cash: 0.06% Airbnb Rental Income: $2009 Traditional Rental Income: $3110 Airbnb ROI: -1.33% Traditional ROI: 0.06%
493 NE County Road 571 Kalkaska, MI Horse Lover's Delight! 30 acre setting 7 miles from Kalkaska, 23 miles from Flint Fields H...	2 beds \| 1 baths \| 672 sq.ft.	$420,000	Airbnb cash on cash: -0.71% Traditional cash on cash: 1.31% Airbnb Rental Income: $1196 Traditional Rental Income: $1601 Airbnb ROI: -0.71% Traditional ROI: 1.31%
6241 E Bass Lake Rd Kalkaska, MI WELL MAINTAINED COTTAGE ON BEAUTIFUL BASS LAKE! Enjoy Bass Lake's clear water, wonderful ...	3 beds \| 2 baths \| 1,100 sq.ft.	$250,000	Airbnb cash on cash: 1.2% Traditional cash on cash: 5.12% Airbnb Rental Income: $1393 Traditional Rental Income: $1896 Airbnb ROI: 1.2% Traditional ROI: 5.12%
314 S Essex St Kalkaska, MI Kalkaska. Great family home that offers a 2 car garage, plus a pole barn with electric. Mu...	2 beds \| 1 baths \| 950 sq.ft.	$229,900	Airbnb cash on cash: 0.77% Traditional cash on cash: 3.12% Airbnb Rental Income: $1196 Traditional Rental Income: $1320 Airbnb ROI: 0.77% Traditional ROI: 3.12%
6645 Birch Dr NE Kalkaska, MI Absolutely gorgeous home with fantastic frontage on Indian Lake! Gentle roll to the beach ...	2 beds \| 1 baths \| 1,176 sq.ft.	$380,000	Airbnb cash on cash: -0.52% Traditional cash on cash: 1.82% Airbnb Rental Income: $1196 Traditional Rental Income: $1643 Airbnb ROI: -0.52% Traditional ROI: 1.82%
116 S Walnut Kalkaska, MI Historic Village Home in Kalkaska is one of a kind! You will love the location of this Ka...	3 beds \| 1 baths \| 1,433 sq.ft.	$269,900	Airbnb cash on cash: 0.93% Traditional cash on cash: 3.8% Airbnb Rental Income: $1393 Traditional Rental Income: $1701 Airbnb ROI: 0.93% Traditional ROI: 3.8%
5251 E Shore Dr Kalkaska, MI Whether you're looking to purchase your first home, find a Northern Michigan getaway, or s...	2 beds \| 1 baths \| 1,418 sq.ft.	$229,000	Airbnb cash on cash: 0.78% Traditional cash on cash: 4.75% Airbnb Rental Income: $1196 Traditional Rental Income: $1669 Airbnb ROI: 0.78% Traditional ROI: 4.75%
204 N Orange St Kalkaska, MI Find your forever home right here in Kalkaska! This 3 bedroom 2 bath home has been recentl...	3 beds \| 2 baths \| 1,612 sq.ft.	$330,000	Airbnb cash on cash: 0.31% Traditional cash on cash: 3.42% Airbnb Rental Income: $1393 Traditional Rental Income: $1938 Airbnb ROI: 0.31% Traditional ROI: 3.42%
306 Third St Kalkaska, MI This 4-bedroom home is conveniently located in the Village of Kalkaska. Remodeled and upgr...	4 beds \| 2 baths \| 2,085 sq.ft.	$299,000	Airbnb cash on cash: 2.42% Traditional cash on cash: 5.33% Airbnb Rental Income: $2009 Traditional Rental Income: $2304 Airbnb ROI: 2.42% Traditional ROI: 5.33%
5216 E Shore Dr NE Kalkaska, MI Walking distance to Manistee Lake public access. This newly renovated 3 bedroom 2 bathroo...	3 beds \| 2 baths \| 1,072 sq.ft.	$279,900	Airbnb cash on cash: 0.81% Traditional cash on cash: 3.65% Airbnb Rental Income: $1393 Traditional Rental Income: $1720 Airbnb ROI: 0.81% Traditional ROI: 3.65%
615 NE County Road 571 Kalkaska, MI Welcome to your new home in the heart of Northern Michigan! This beautifully updated 3 bed...	3 beds \| 2 baths \| 1,560 sq.ft.	$249,000	Airbnb cash on cash: 2.4% Traditional cash on cash: 6.48% Airbnb Rental Income: $1393 Traditional Rental Income: $1932 Airbnb ROI: 2.4% Traditional ROI: 6.48%
5960 N Trail SE Kalkaska, MI 15.3 acres located in Kalkaska County, in the heart of Orange Township! Escape the hustle ...	2 beds \| 2 baths \| 1,600 sq.ft.	$174,900	Airbnb cash on cash: 2.9% Traditional cash on cash: 11.22% Airbnb Rental Income: $1196 Traditional Rental Income: $2193 Airbnb ROI: 2.9% Traditional ROI: 11.22%
262 E Bear Lake Rd NE Kalkaska, MI Are you serious?! A 3 bed/2ba home with Garage/Pole Building, over 2 acres and only 2min a...	3 beds \| 2 baths \| 1,152 sq.ft.	$169,900	Airbnb cash on cash: 4% Traditional cash on cash: 10.34% Airbnb Rental Income: $1393 Traditional Rental Income: $1999 Airbnb ROI: 4% Traditional ROI: 10.34%
13765 Sunburry Road NE Kalkaska, MI Up North Cottage with public access to Blue Lake just 300 feet away! This charming updated...	2 beds \| 1 baths \| 982 sq.ft.	$143,000	Airbnb cash on cash: 3.39% Traditional cash on cash: 9.91% Airbnb Rental Income: $1196 Traditional Rental Income: $1701 Airbnb ROI: 3.39% Traditional ROI: 9.91%
5611 NE East Shore Dr Kalkaska, MI Welcome to your serene retreat at 5611 NE East Shore Drive in Kalkaska. This charming ranc...	3 beds \| 2 baths \| 1,438 sq.ft.	$265,500	Airbnb cash on cash: 2.33% Traditional cash on cash: 7.66% Airbnb Rental Income: $1393 Traditional Rental Income: $2308 Airbnb ROI: 2.33% Traditional ROI: 7.66%
5182 E Shore Dr Kalkaska, MI Your Dream Home Awaits Near Manistee Lake! Seize the rare opportunity to own a stunning 3-...	3 beds \| 2 baths \| 3,411 sq.ft.	$349,000	Airbnb cash on cash: 0.16% Traditional cash on cash: 5.15% Airbnb Rental Income: $1393 Traditional Rental Income: $2608 Airbnb ROI: 0.16% Traditional ROI: 5.15%
5532 Kerbysons Dr SE Kalkaska, MI Your Up North Oasis Awaits on East Lake in KALKASKA COUNTY. Swan Dive or Cannon Ball into ...	2 beds \| 2 baths \| 2,200 sq.ft.	$324,900	Airbnb cash on cash: 1.19% Traditional cash on cash: 7.75% Airbnb Rental Income: $1196 Traditional Rental Income: $2811 Airbnb ROI: 1.19% Traditional ROI: 7.75%
11436 Lakeview Rd NE Kalkaska, MI It's not too late...this 'Treehouse' in Michigan assures your enjoyment through all four s...	3 beds \| 2 baths \| 3,000 sq.ft.	$725,000	Airbnb cash on cash: -1.32% Traditional cash on cash: 2.45% Airbnb Rental Income: $1393 Traditional Rental Income: $3516 Airbnb ROI: -1.32% Traditional ROI: 2.45%
7149 W Blue Lake Road, NE Kalkaska, MI Welcome to this inviting 3-bedroom, 2-bath home perfectly situated on a corner lot within ...	3 beds \| 2 baths \| 1,456 sq.ft.	$205,000	Airbnb cash on cash: 2.62% Traditional cash on cash: 11.1% Airbnb Rental Income: $1393 Traditional Rental Income: $2622 Airbnb ROI: 2.62% Traditional ROI: 11.1%
411 S Walnut St Kalkaska, MI Charming farmhouse-style home located in the village of Kalkaska! This inviting property o...	3 beds \| 1 baths \| 1,794 sq.ft.	$325,000	Airbnb cash on cash: 0.78% Traditional cash on cash: 0.81% Airbnb Rental Income: $1393 Traditional Rental Income: $981 Airbnb ROI: 0.78% Traditional ROI: 0.81%
302 W Dresden St Kalkaska, MI Just reduced! You won't believe this remodeled home is not brand new! Welcome home, to yo...	5 beds \| 3 baths \| 4,161 sq.ft.	$534,900	Airbnb cash on cash: 2.5% Traditional cash on cash: 5.5% Airbnb Rental Income: $2493 Traditional Rental Income: $3388 Airbnb ROI: 2.5% Traditional ROI: 5.5%
222 Chestnut St NE Kalkaska, MI 222 Chestnut St NE, Kalkaska, MI 49646 \| Single Family Residential	3 beds \| 2 baths \| 1,758 sq.ft.	$287,000	Airbnb cash on cash: 0.73% Traditional cash on cash: 5.42% Airbnb Rental Income: $1393 Traditional Rental Income: $2239 Airbnb ROI: 0.73% Traditional ROI: 5.42%
5877 E Lake Five Ln Kalkaska, MI 5877 E Lake Five Ln, Kalkaska, MI 49646 \| Single Family Residential	4 beds \| 5 baths \| 4,543 sq.ft.	$1,050,000	Airbnb cash on cash: -1.11% Traditional cash on cash: 2.35% Airbnb Rental Income: $2009 Traditional Rental Income: $4861 Airbnb ROI: -1.11% Traditional ROI: 2.35%
5611 NE East Shore Dr Lot : 11 Kalkaska, MI 5611 NE East Shore Dr Lot : 11, Kalkaska, MI 49646 \| Single Family Residential	3 beds \| 2 baths \| 1,438 sq.ft.	$265,500	Airbnb cash on cash: 0.99% Traditional cash on cash: 5.25% Airbnb Rental Income: $1393 Traditional Rental Income: $2039 Airbnb ROI: 0.99% Traditional ROI: 5.25%
1397 SE Riley Rd Kalkaska, MI Welcome to your private slice of paradise! Nestled on 5 beautiful acres, this spacious 3-b...	3 beds \| 2 baths \| 2,150 sq.ft.	$360,000	Airbnb cash on cash: 0.08% Traditional cash on cash: 6.31% Airbnb Rental Income: $1393 Traditional Rental Income: $3079 Airbnb ROI: 0.08% Traditional ROI: 6.31%
1397 SE Riley Rd Lot : 5 Kalkaska, MI 1397 SE Riley Rd Lot : 5, Kalkaska, MI 49646 \| Single Family Residential	3 beds \| 2 baths \| 2,150 sq.ft.	$360,000	Airbnb cash on cash: 0.08% Traditional cash on cash: 5.29% Airbnb Rental Income: $1393 Traditional Rental Income: $2735 Airbnb ROI: 0.08% Traditional ROI: 5.29%
10852 NE Black Bear Rd Kalkaska, MI The completely remodeled home will make anyone smile, from upscale stainless appliances, a...	3 beds \| 3 baths \| 1,718 sq.ft.	$499,900	Airbnb cash on cash: -0.52% Traditional cash on cash: 2.85% Airbnb Rental Income: $1393 Traditional Rental Income: $2544 Airbnb ROI: -0.52% Traditional ROI: 2.85%
10852 NE Black Bear Rd Lot : 26 Kalkaska, MI 10852 NE Black Bear Rd Lot : 26 Lot: 26, Kalkaska, MI 49646 \| Single Family Residential	3 beds \| 3 baths \| 2,387 sq.ft.	$499,900	Airbnb cash on cash: -0.65% Traditional cash on cash: 2.59% Airbnb Rental Income: $1393 Traditional Rental Income: $2488 Airbnb ROI: -0.65% Traditional ROI: 2.59%
5089 Cottage Dr SE Dr SE Kalkaska, MI 5089 Cottage Dr SE Dr SE, Kalkaska, MI 49646 \| Single Family Residential	3 beds \| 1 baths \| 900 sq.ft.	$399,990	Airbnb cash on cash: -0.18% Traditional cash on cash: 1.33% Airbnb Rental Income: $1393 Traditional Rental Income: $1538 Airbnb ROI: -0.18% Traditional ROI: 1.33%
304 Lincoln St Kalkaska, MI Move in ready home in the heart of the village. Brand new construction with elevated ceili...	2 beds \| 1 baths \| 1,200 sq.ft.	$255,900	Airbnb cash on cash: 0.44% Traditional cash on cash: 4.75% Airbnb Rental Income: $1196 Traditional Rental Income: $1849 Airbnb ROI: 0.44% Traditional ROI: 4.75%

Your search for investment property begins and ends here

Single Family Homes for Sale in Kalkaska, MI

5041 Maple Knoll Drive NE

Kalkaska, MI

2 beds | 2 baths | 957 sq.ft.

$599,900

Airbnb cash on cash: -0.63%

Traditional cash on cash: 1.26%

Airbnb Rental Income: $1196

Traditional Rental Income: $1865

Airbnb ROI: -0.63%

Traditional ROI: 1.26%

1106 Washington Ave

Kalkaska, MI

2 beds | 1 baths | 1,200 sq.ft.

$299,900

Airbnb cash on cash: 0.01%

Traditional cash on cash: 3.41%

Airbnb Rental Income: $1196

Traditional Rental Income: $1767

Airbnb ROI: 0.01%

Traditional ROI: 3.41%

1158 East Lake Dr

Kalkaska, MI

2 beds | 1 baths | 720 sq.ft.

$239,900

Airbnb cash on cash: 0.63%

Traditional cash on cash: 4.07%

Airbnb Rental Income: $1196

Traditional Rental Income: $1588

Airbnb ROI: 0.63%

Traditional ROI: 4.07%

7249 NE Blue Lake Rd

Kalkaska, MI

4 beds | 3 baths | 4,025 sq.ft.

$1,250,000

Airbnb cash on cash: -1.33%

Traditional cash on cash: 0.06%

Airbnb Rental Income: $2009

Traditional Rental Income: $3110

Airbnb ROI: -1.33%

Traditional ROI: 0.06%

493 NE County Road 571

Kalkaska, MI

2 beds | 1 baths | 672 sq.ft.

$420,000

Airbnb cash on cash: -0.71%

Traditional cash on cash: 1.31%

Airbnb Rental Income: $1196

Traditional Rental Income: $1601

Airbnb ROI: -0.71%

Traditional ROI: 1.31%

6241 E Bass Lake Rd

Kalkaska, MI

3 beds | 2 baths | 1,100 sq.ft.

$250,000

Airbnb cash on cash: 1.2%

Traditional cash on cash: 5.12%

Airbnb Rental Income: $1393

Traditional Rental Income: $1896

Airbnb ROI: 1.2%

Traditional ROI: 5.12%

314 S Essex St

Kalkaska, MI

2 beds | 1 baths | 950 sq.ft.

$229,900

Airbnb cash on cash: 0.77%

Traditional cash on cash: 3.12%

Airbnb Rental Income: $1196

Traditional Rental Income: $1320

Airbnb ROI: 0.77%

Traditional ROI: 3.12%

6645 Birch Dr NE

Kalkaska, MI

2 beds | 1 baths | 1,176 sq.ft.

$380,000

Airbnb cash on cash: -0.52%

Traditional cash on cash: 1.82%

Airbnb Rental Income: $1196

Traditional Rental Income: $1643

Airbnb ROI: -0.52%