Real Estate Investment Properties for Sale in Lake City, MI

Looking for investment property in Lake City, MI with high ROI ?

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

Search for Single Family Residential for Sale in Lake City, 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 29 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
327 S Gladwin Street Lake City, MI Nestled in the heart of downtown Lake City, this 2-bedroom, 2-bath home offers comfort and...	2 beds \| 2 baths \| 1,250 sq.ft.	$169,900	Airbnb cash on cash: -0.18% Traditional cash on cash: 7.96% Airbnb Rental Income: $941 Traditional Rental Income: $1914 Airbnb ROI: -0.18% Traditional ROI: 7.96%
5521 N Edwards Road Lake City, MI Looking for the perfect blend of country living and opportunity? This 3-bedroom, 2.5-bath ...	3 beds \| 3 baths \| 2,322 sq.ft.	$255,000	Airbnb cash on cash: -0.04% Traditional cash on cash: 10.42% Airbnb Rental Income: $774 Traditional Rental Income: $2974 Airbnb ROI: -0.04% Traditional ROI: 10.42%
5730 W Rhoby Road Lake City, MI Unique and stunning home with quality workmanship throughout. The stone masonry displayed ...	3 beds \| 1 baths \| 2,218 sq.ft.	$399,900	Airbnb cash on cash: -0.37% Traditional cash on cash: 1.56% Airbnb Rental Income: $774 Traditional Rental Income: $1180 Airbnb ROI: -0.37% Traditional ROI: 1.56%
208 Russell Street Lake City, MI Welcome to this charming 3-bedroom, 1.5-bath home built in 2019, offering modern comfort a...	3 beds \| 2 baths \| 1,183 sq.ft.	$180,000	Airbnb cash on cash: -0.43% Traditional cash on cash: 7.83% Airbnb Rental Income: $774 Traditional Rental Income: $1871 Airbnb ROI: -0.43% Traditional ROI: 7.83%
5115 S Dickerson Road Lake City, MI Welcome to your forever home! Perfectly located between Lake City and Cadillac. Nestled a...	3 beds \| 2 baths \| 1,248 sq.ft.	$209,900	Airbnb cash on cash: 0.14% Traditional cash on cash: 9.53% Airbnb Rental Income: $774 Traditional Rental Income: $2326 Airbnb ROI: 0.14% Traditional ROI: 9.53%
10559 Rosted Road Lake City, MI Spacious Manufactured, 3 br 2 bath home. Master bedroom has walk in closet and private ba...	3 beds \| 2 baths \| 1,344 sq.ft.	$229,900	Airbnb cash on cash: -0.63% Traditional cash on cash: 6.06% Airbnb Rental Income: $774 Traditional Rental Income: $1911 Airbnb ROI: -0.63% Traditional ROI: 6.06%
1166 S Taxiway Foxtrot Lake City, MI Custom Built 4 bedroom 3 bath Ranch style home located in Home Acres Sky Ranch No. 4 airpo...	5 beds \| 3 baths \| 3,800 sq.ft.	$649,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.79% Airbnb Rental Income: $null Traditional Rental Income: $3282 Airbnb ROI: N/A Traditional ROI: 3.79%
1900 Pavilion Drive Lake City, MI This charming log cottage has a newly painted exterior and features 3 bedrooms, 1 bath, an...	3 beds \| 1 baths \| 1,004 sq.ft.	$199,900	Airbnb cash on cash: -0.01% Traditional cash on cash: 7.35% Airbnb Rental Income: $774 Traditional Rental Income: $1852 Airbnb ROI: -0.01% Traditional ROI: 7.35%
8991 W Oak Lane Lake City, MI Escape to your lakeside haven on Sapphire Lake in Lake City! This charming cabin sits on f...	2 beds \| 1 baths \| 1,156 sq.ft.	$139,900	Airbnb cash on cash: 0.12% Traditional cash on cash: 8.57% Airbnb Rental Income: $941 Traditional Rental Income: $1729 Airbnb ROI: 0.12% Traditional ROI: 8.57%
129 N Al Moses Road Lake City, MI Beautiful lake views without the high lakefront taxes awaits your family! This beautifully...	4 beds \| 3 baths \| 3,085 sq.ft.	$529,900	Airbnb cash on cash: 2.05% Traditional cash on cash: 5.56% Airbnb Rental Income: $2470 Traditional Rental Income: $3611 Airbnb ROI: 2.05% Traditional ROI: 5.56%
1264 Birchaven Beach Lake City, MI Come see why life is better at the lake. Your waterfront dream awaits! Welcome Home to...	5 beds \| 2 baths \| 1,800 sq.ft.	$749,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.46% Airbnb Rental Income: $null Traditional Rental Income: $3102 Airbnb ROI: N/A Traditional ROI: 2.46%
1470 N Al Moses Road Lake City, MI Nestled on a serene 5-acre wooded lot, this charming 4-bedroom, 3.5-bathroom home offers a...	4 beds \| 4 baths \| 4,300 sq.ft.	$410,000	Airbnb cash on cash: 2.81% Traditional cash on cash: 7.15% Airbnb Rental Income: $2470 Traditional Rental Income: $3537 Airbnb ROI: 2.81% Traditional ROI: 7.15%
7579 W White Birch Lake City, MI ?? Live the Lake Life Year-Round on Missaukee Lake! ?? Built in 1998 as a custom-designed ...	5 beds \| 3 baths \| 2,516 sq.ft.	$889,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.18% Airbnb Rental Income: $null Traditional Rental Income: $3422 Airbnb ROI: N/A Traditional ROI: 2.18%
8415 W Workman Road Lake City, MI Welcome to your serene escape overlooking the Clam River! Built in 2009, this beautifully ...	3 beds \| 4 baths \| 2,147 sq.ft.	$620,000	Airbnb cash on cash: -0.45% Traditional cash on cash: 4.58% Airbnb Rental Income: $774 Traditional Rental Income: $3364 Airbnb ROI: -0.45% Traditional ROI: 4.58%
2351 S McGee Road Lake City, MI Experience the best of country living and investment potential on this rare 19-acre proper...	3 beds \| 2 baths \| 1,056 sq.ft.	$300,000	Airbnb cash on cash: -0.64% Traditional cash on cash: 5.2% Airbnb Rental Income: $774 Traditional Rental Income: $2105 Airbnb ROI: -0.64% Traditional ROI: 5.2%
7389 W White Birch Avenue Lake City, MI Discover the perfect lakeside getaway on gorgeous Lake Missaukee in Lake City! This adorab...	2 beds \| 1 baths \| 768 sq.ft.	$449,900	Airbnb cash on cash: -0.85% Traditional cash on cash: 1.36% Airbnb Rental Income: $941 Traditional Rental Income: $1525 Airbnb ROI: -0.85% Traditional ROI: 1.36%
323 S Houghton St. Street Lake City, MI Beautiful 3-bed, 3-bath home just blocks from Lake Missaukee! Enjoy peaceful mornings on t...	3 beds \| 3 baths \| 3,066 sq.ft.	$339,900	Airbnb cash on cash: -1.59% Traditional cash on cash: 6.92% Airbnb Rental Income: $774 Traditional Rental Income: $3172 Airbnb ROI: -1.59% Traditional ROI: 6.92%
5640 W Houghton Lake Road Lake City, MI To no fault of the seller, this home is back on the market. Welcome to this 1960s quad-lev...	3 beds \| 2 baths \| 1,648 sq.ft.	$200,000	Airbnb cash on cash: 0.67% Traditional cash on cash: 11.16% Airbnb Rental Income: $774 Traditional Rental Income: $2448 Airbnb ROI: 0.67% Traditional ROI: 11.16%
301 N Main Street Lake City, MI Motivated seller. Check out this beautiful home in Lake City sets just a few blocks off be...	4 beds \| 3 baths \| 3,035 sq.ft.	$250,000	Airbnb cash on cash: 3.56% Traditional cash on cash: 10.31% Airbnb Rental Income: $2470 Traditional Rental Income: $3462 Airbnb ROI: 3.56% Traditional ROI: 10.31%
180 E Sanborn Road Lake City, MI Completely renovated three-bedroom, three-bath home on nine acres just east of Lake City. ...	3 beds \| 3 baths \| 1,344 sq.ft.	$294,900	Airbnb cash on cash: -0.04% Traditional cash on cash: 6.71% Airbnb Rental Income: $774 Traditional Rental Income: $2331 Airbnb ROI: -0.04% Traditional ROI: 6.71%
7579 W White Birch Avenue Lake City, MI Live the Lake Life Year-Round on Missaukee Lake! Built in 1998 as a custom-designed home,...	5 beds \| 3 baths \| 2,516 sq.ft.	$889,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.28% Airbnb Rental Income: $null Traditional Rental Income: $3503 Airbnb ROI: N/A Traditional ROI: 2.28%
10160 W Kelly Road Lake City, MI If you are looking for privacy, space, and peaceful beauty of nature, this checks all the ...	3 beds \| 2 baths \| 1,784 sq.ft.	$289,900	Airbnb cash on cash: -0.22% Traditional cash on cash: 7.2% Airbnb Rental Income: $774 Traditional Rental Income: $2482 Airbnb ROI: -0.22% Traditional ROI: 7.2%
4419 E Moorestown Road Lake City, MI 2 bedroom, 1 1/5 bath farmhouse with picturesque setting...10 acres, pond and abundant wil...	2 beds \| 3 baths \| 2,000 sq.ft.	$275,000	Airbnb cash on cash: 0.52% Traditional cash on cash: 9.38% Airbnb Rental Income: $941 Traditional Rental Income: $2894 Airbnb ROI: 0.52% Traditional ROI: 9.38%
4774 S Lachance Road Lake City, MI Welcome to your perfect slice of Northern Michigan living! This charming 3-bedroom, 1-bath...	3 beds \| 1 baths \| 1,107 sq.ft.	$190,000	Airbnb cash on cash: -0.26% Traditional cash on cash: 6.87% Airbnb Rental Income: $774 Traditional Rental Income: $1745 Airbnb ROI: -0.26% Traditional ROI: 6.87%
6469 N Vandermeulen Road Lake City, MI Discover your new up north retreat in beautiful Lake City, offering breathtaking views of ...	1 beds \| 2 baths \| 1,904 sq.ft.	$199,900	Airbnb cash on cash: -1.73% Traditional cash on cash: 11.34% Airbnb Rental Income: $308 Traditional Rental Income: $2547 Airbnb ROI: -1.73% Traditional ROI: 11.34%
5232 S North Country Drive Lake City, MI Charming 3 bed(4th non-conforming), 2 bath home on a spacious .41 acre lot located in the ...	3 beds \| 2 baths \| 1,944 sq.ft.	$349,900	Airbnb cash on cash: -0.66% Traditional cash on cash: 5.71% Airbnb Rental Income: $774 Traditional Rental Income: $2549 Airbnb ROI: -0.66% Traditional ROI: 5.71%
7039 W White Birch Avenue Lake City, MI Welcome to your dream retreat on the lake, where stunning water views can be enjoyed from ...	3 beds \| 3 baths \| 2,232 sq.ft.	$915,000	Airbnb cash on cash: -1.12% Traditional cash on cash: 2.04% Airbnb Rental Income: $774 Traditional Rental Income: $3145 Airbnb ROI: -1.12% Traditional ROI: 2.04%
1552 Hill Street Lake City, MI Luxury Lakefront Escape â 4BR/2BA with 100 Ft of Private Beachfront & Stunning Sunset Vi...	4 beds \| 2 baths \| 1,860 sq.ft.	$699,900	Airbnb cash on cash: 0.66% Traditional cash on cash: 2.33% Airbnb Rental Income: $2470 Traditional Rental Income: $2958 Airbnb ROI: 0.66% Traditional ROI: 2.33%
548 W Houghton Lake Road Lake City, MI Welcome to 548 W Houghton Lake Rd! This charming 2-bedroom, 1-bath home sits on a spaciou...	2 beds \| 1 baths \| 847 sq.ft.	$175,000	Airbnb cash on cash: 1.4% Traditional cash on cash: 6.82% Airbnb Rental Income: $941 Traditional Rental Income: $1498 Airbnb ROI: 1.4% Traditional ROI: 6.82%

Your search for investment property begins and ends here

Single Family Homes for Sale in Lake City, MI

327 S Gladwin Street

Lake City, MI

2 beds | 2 baths | 1,250 sq.ft.

$169,900

Airbnb cash on cash: -0.18%

Traditional cash on cash: 7.96%

Airbnb Rental Income: $941

Traditional Rental Income: $1914

Airbnb ROI: -0.18%

Traditional ROI: 7.96%

5521 N Edwards Road

Lake City, MI

3 beds | 3 baths | 2,322 sq.ft.

$255,000

Airbnb cash on cash: -0.04%

Traditional cash on cash: 10.42%

Airbnb Rental Income: $774

Traditional Rental Income: $2974

Airbnb ROI: -0.04%

Traditional ROI: 10.42%

5730 W Rhoby Road

Lake City, MI

3 beds | 1 baths | 2,218 sq.ft.

$399,900

Airbnb cash on cash: -0.37%

Traditional cash on cash: 1.56%

Airbnb Rental Income: $774

Traditional Rental Income: $1180

Airbnb ROI: -0.37%

Traditional ROI: 1.56%

208 Russell Street

Lake City, MI

3 beds | 2 baths | 1,183 sq.ft.

$180,000

Airbnb cash on cash: -0.43%

Traditional cash on cash: 7.83%

Airbnb Rental Income: $774

Traditional Rental Income: $1871

Airbnb ROI: -0.43%

Traditional ROI: 7.83%

5115 S Dickerson Road

Lake City, MI

3 beds | 2 baths | 1,248 sq.ft.

$209,900

Airbnb cash on cash: 0.14%

Traditional cash on cash: 9.53%

Airbnb Rental Income: $774

Traditional Rental Income: $2326

Airbnb ROI: 0.14%

Traditional ROI: 9.53%

10559 Rosted Road

Lake City, MI

3 beds | 2 baths | 1,344 sq.ft.

$229,900

Airbnb cash on cash: -0.63%

Traditional cash on cash: 6.06%

Airbnb Rental Income: $774

Traditional Rental Income: $1911

Airbnb ROI: -0.63%

Traditional ROI: 6.06%

1166 S Taxiway Foxtrot

Lake City, MI

5 beds | 3 baths | 3,800 sq.ft.

$649,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.79%

Airbnb Rental Income: $null

Traditional Rental Income: $3282

Airbnb ROI: N/A

Traditional ROI: 3.79%

1900 Pavilion Drive

Lake City, MI

3 beds | 1 baths | 1,004 sq.ft.

$199,900

Airbnb cash on cash: -0.01%

Traditional cash on cash: 7.35%

Airbnb Rental Income: $774

Traditional Rental Income: $1852

Airbnb ROI: -0.01%