Real Estate Investment Properties for Sale in Lake, MI

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

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

Condos for Sale in Lake, MI

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

Showing 3 Condo 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
2221 Grass Lake Ave #255 Lake, MI Waterfront Park Model on Loon Landing \| Sandy Shores Resort â Enjoy peaceful waterfront ...	2 beds \| 1 baths \| 710 sq.ft.	$114,255	Airbnb cash on cash: 0.93% Traditional cash on cash: 11.43% Airbnb Rental Income: $712 Traditional Rental Income: $1564 Airbnb ROI: 0.93% Traditional ROI: 11.43%
Other Investment Properties for Sale in Lake
11412 South Shore Lake , MI The Perfect Up North Escape on Eight Point Lake! Welcome to your slice of lakefront paradi...	3 beds \| 2 baths \| 1,350 sq.ft.	$400,000	Airbnb cash on cash: 0.92% Traditional cash on cash: 4.41% Airbnb Rental Income: $1556 Traditional Rental Income: $2414 Airbnb ROI: 0.92% Traditional ROI: 4.41%
9523-25 Terry Street Lake , MI Here is one for the savvy shopper, it is a waterfront BOGO or 2fer. Two cottages on the be...	4 beds \| 2 baths \| 1,084 sq.ft.	$325,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.89% Airbnb Rental Income: $null Traditional Rental Income: $2149 Airbnb ROI: N/A Traditional ROI: 4.89%
10429 Garfield Avenue Lake , MI Spacious open concept home with a split floor plan. Offers 3 bedrooms, 2 full baths, firep...	3 beds \| 2 baths \| 1,456 sq.ft.	$169,900	Airbnb cash on cash: 4.69% Traditional cash on cash: 11.44% Airbnb Rental Income: $1556 Traditional Rental Income: $2202 Airbnb ROI: 4.69% Traditional ROI: 11.44%
10203 S Lake Station Lake , MI Clare County, two unit duplex just South of the Village of Lake, Near Crooked Lake and Pe...	4 beds \| 2 baths \| 4,496 sq.ft.	$315,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.25% Airbnb Rental Income: $null Traditional Rental Income: $2687 Airbnb ROI: N/A Traditional ROI: 6.25%
10195 S Lake Station Lake , MI Clare County, Two structures with 2 units each, just South of the Village of Lake, Near C...	8 beds \| 4 baths \| 8,128 sq.ft.	$519,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.38% Airbnb Rental Income: $null Traditional Rental Income: $3635 Airbnb ROI: N/A Traditional ROI: 5.38%
6294 Rock Road Lake , MI Cozy Lakefront Cottage on Bluff Lake -escape to this fully renovated, fully furnished lake...	1 beds \| 2 baths \| 468 sq.ft.	$189,900	Airbnb cash on cash: 0.01% Traditional cash on cash: 5.19% Airbnb Rental Income: $693 Traditional Rental Income: $1323 Airbnb ROI: 0.01% Traditional ROI: 5.19%
10215 S Lake Station Lake , MI Great opportunity to own a duplex, possibility to live in one and rent out the other, each...	4 beds \| 2 baths \| 3,744 sq.ft.	$318,900	Airbnb cash on cash: 1.38% Traditional cash on cash: 6.62% Airbnb Rental Income: $1556 Traditional Rental Income: $2678 Airbnb ROI: 1.38% Traditional ROI: 6.62%
11076 N Shore Drive Lake , MI Enjoy the spectacular sunrise lake views from this 4+ bedroom, 3-bath home with over 3,000...	4 beds \| 3 baths \| 3,062 sq.ft.	$673,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.4% Airbnb Rental Income: $null Traditional Rental Income: $3723 Airbnb ROI: N/A Traditional ROI: 4.4%
4280 Birch Drive Lake , MI Enjoy lake living full or part time at all sports Littlefield Lake. Great for kayaking and...	3 beds \| 2 baths \| 1,584 sq.ft.	$222,000	Airbnb cash on cash: 3.13% Traditional cash on cash: 9.22% Airbnb Rental Income: $1556 Traditional Rental Income: $2388 Airbnb ROI: 3.13% Traditional ROI: 9.22%
6364 Joanne Street Lake , MI A Sportsmanâs Paradise! Your dream life awaits at this peaceful, waterfront home on no-w...	2 beds \| 1 baths \| 1,216 sq.ft.	$299,000	Airbnb cash on cash: -0.3% Traditional cash on cash: 5.14% Airbnb Rental Income: $712 Traditional Rental Income: $1935 Airbnb ROI: -0.3% Traditional ROI: 5.14%
9140 Beech Lake , MI Looking to buy a home that is move in ready and smells like brand new? This is the home. T...	1 beds \| 2 baths \| 1,092 sq.ft.	$179,900	Airbnb cash on cash: 0.49% Traditional cash on cash: 7.96% Airbnb Rental Income: $693 Traditional Rental Income: $1667 Airbnb ROI: 0.49% Traditional ROI: 7.96%
7620 Beech St Lake , MI 7620 Beech St, Lake, MI 48632 \| Single Family Residential	5 beds \| 3 baths \| 2,058 sq.ft.	$579,900	Airbnb cash on cash: 4.96% Traditional cash on cash: N/A Airbnb Rental Income: $5204 Traditional Rental Income: $0 Airbnb ROI: 4.96% Traditional ROI: N/A
11412 South Shore Drive Lake , MI The Perfect Up North Escape on Eight Point Lake! Welcome to your slice of lakefront paradi...	3 beds \| 2 baths \| 1,350 sq.ft.	$400,000	Airbnb cash on cash: 0.3% Traditional cash on cash: 3.74% Airbnb Rental Income: $1556 Traditional Rental Income: $2398 Airbnb ROI: 0.3% Traditional ROI: 3.74%
2221 Grass Lake Ave #31 Lake , MI 2221 Grass Lake Ave #31, Lake, MI 48632 \| Condo/Coop	1 beds \| 1 baths \| 534 sq.ft.	$85,000	Airbnb cash on cash: 0.23% Traditional cash on cash: 8.19% Airbnb Rental Income: $693 Traditional Rental Income: $1052 Airbnb ROI: 0.23% Traditional ROI: 8.19%
2221 Grass Lake Ave #30 Lake , MI 2221 Grass Lake Ave #30, Lake, MI 48632 \| Condo/Coop	1 beds \| 1 baths \| 660 sq.ft.	$99,000	Airbnb cash on cash: -0.14% Traditional cash on cash: 7.79% Airbnb Rental Income: $693 Traditional Rental Income: $1152 Airbnb ROI: -0.14% Traditional ROI: 7.79%

Your search for investment property begins and ends here

Condos for Sale in Lake, MI

2221 Grass Lake Ave #255

Lake, MI

2 beds | 1 baths | 710 sq.ft.

$114,255

Airbnb cash on cash: 0.93%

Traditional cash on cash: 11.43%

Airbnb Rental Income: $712

Traditional Rental Income: $1564

Airbnb ROI: 0.93%

Traditional ROI: 11.43%

Other Investment Properties for Sale in Lake

Lake , MI

3 beds | 2 baths | 1,350 sq.ft.

$400,000

Airbnb cash on cash: 0.92%

Traditional cash on cash: 4.41%

Airbnb Rental Income: $1556

Traditional Rental Income: $2414

Airbnb ROI: 0.92%

Traditional ROI: 4.41%

Lake , MI

4 beds | 2 baths | 1,084 sq.ft.

$325,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.89%

Airbnb Rental Income: $null

Traditional Rental Income: $2149

Airbnb ROI: N/A

Traditional ROI: 4.89%

Lake , MI

3 beds | 2 baths | 1,456 sq.ft.

$169,900

Airbnb cash on cash: 4.69%

Traditional cash on cash: 11.44%

Airbnb Rental Income: $1556

Traditional Rental Income: $2202

Airbnb ROI: 4.69%

Traditional ROI: 11.44%

Lake , MI

4 beds | 2 baths | 4,496 sq.ft.

$315,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.25%

Airbnb Rental Income: $null

Traditional Rental Income: $2687

Airbnb ROI: N/A

Traditional ROI: 6.25%

Lake , MI

8 beds | 4 baths | 8,128 sq.ft.

$519,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.38%

Airbnb Rental Income: $null

Traditional Rental Income: $3635

Airbnb ROI: N/A

Traditional ROI: 5.38%

Lake , MI

1 beds | 2 baths | 468 sq.ft.

$189,900

Airbnb cash on cash: 0.01%

Traditional cash on cash: 5.19%

Airbnb Rental Income: $693

Traditional Rental Income: $1323

Airbnb ROI: 0.01%

Traditional ROI: 5.19%

Lake , MI

4 beds | 2 baths | 3,744 sq.ft.

$318,900

Airbnb cash on cash: 1.38%

Traditional cash on cash: 6.62%

Airbnb Rental Income: $1556

Traditional Rental Income: $2678

Airbnb ROI: 1.38%

Traditional ROI: 6.62%

Lake , MI

4 beds | 3 baths | 3,062 sq.ft.

$673,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.4%