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.

Single Family Homes for Sale in Lake, MI

Search for Single Family Residential for Sale in Lake, 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 51 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
441 Hillcrest Dr Lake, MI Take a look at this 4 BD, 2 Bath home on a large landscaped lot. Full basement, attached ...	3 beds \| 2 baths \| 1,400 sq.ft.	$199,900	Airbnb cash on cash: 4.92% Traditional cash on cash: 8.71% Airbnb Rental Income: $1815 Traditional Rental Income: $2043 Airbnb ROI: 4.92% Traditional ROI: 8.71%
1320 Hillcrest Dr Lake, MI Beautiful location on the west end of all sports Crooked Lake. 50' of sandy bottom fronta...	2 beds \| 1 baths \| 1,242 sq.ft.	$325,000	Airbnb cash on cash: -0.96% Traditional cash on cash: 4.39% Airbnb Rental Income: $647 Traditional Rental Income: $1985 Airbnb ROI: -0.96% Traditional ROI: 4.39%
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%
4450 ADAMS Rd Lake, MI A home on 10 acres for $100k?! Yes, that is what sits at 4450 Adams Rd. This 3-bedroom, 2 ...	3 beds \| 2 baths \| 1,375 sq.ft.	$265,000	Airbnb cash on cash: 3.31% Traditional cash on cash: 6.09% Airbnb Rental Income: $1815 Traditional Rental Income: $2019 Airbnb ROI: 3.31% Traditional ROI: 6.09%
2221 Grass Lake Ave Lake, MI Relax at your water front dream come true, full rap around deck to enjoy out door cooking ...	1 beds \| 1 baths \| 618 sq.ft.	$69,900	Airbnb cash on cash: 3.69% Traditional cash on cash: 11.18% Airbnb Rental Income: $867 Traditional Rental Income: $1053 Airbnb ROI: 3.69% Traditional ROI: 11.18%
1361 N Crooked Lake Dr Lake, MI Get ready for summer fun with this 1200 sq. ft. cottage on beautiful Crooked Lake in Lake,...	3 beds \| 1 baths \| 1,200 sq.ft.	$299,900	Airbnb cash on cash: 1.84% Traditional cash on cash: 1.44% Airbnb Rental Income: $1815 Traditional Rental Income: $1211 Airbnb ROI: 1.84% Traditional ROI: 1.44%
11935 N Shore Drive Lake, MI Fantastic opportunity on beautiful all-sports Eight Point Lake with 61 feet of water front...	2 beds \| 1 baths \| 1,178 sq.ft.	$239,000	Airbnb cash on cash: -0.93% Traditional cash on cash: 5.39% Airbnb Rental Income: $647 Traditional Rental Income: $1779 Airbnb ROI: -0.93% Traditional ROI: 5.39%
10429 Garfield Avenue Lake, MI Spacious open concept manufactured home with a split floor plan. Offers 3 bedrooms, 2 full...	3 beds \| 2 baths \| 1,456 sq.ft.	$164,900	Airbnb cash on cash: 6.23% Traditional cash on cash: 11.81% Airbnb Rental Income: $1815 Traditional Rental Income: $2202 Airbnb ROI: 6.23% Traditional ROI: 11.81%
3340 Pinehurst Dr Lake, MI Stunning Lakefront Luxury: Your Dream Home Awaits Discover your lakeside paradise in this...	2 beds \| 1 baths \| 1,000 sq.ft.	$258,000	Airbnb cash on cash: -0.58% Traditional cash on cash: 4.63% Airbnb Rental Income: $647 Traditional Rental Income: $1618 Airbnb ROI: -0.58% Traditional ROI: 4.63%
9140 Beech St Lake, MI Remodeled inside and out, this 1 bed/2 bath home with additional loft sleeping areas is mo...	1 beds \| 2 baths \| 1,092 sq.ft.	$172,900	Airbnb cash on cash: 1.43% Traditional cash on cash: 8.75% Airbnb Rental Income: $867 Traditional Rental Income: $1740 Airbnb ROI: 1.43% Traditional ROI: 8.75%
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: 4.16% Traditional cash on cash: 9.22% Airbnb Rental Income: $1815 Traditional Rental Income: $2388 Airbnb ROI: 4.16% Traditional ROI: 9.22%
6667 Shadowbrook Drive Lake, MI PRICE REDUCED-Welcome to this small but lovely home in beautiful Lake of the Pines HOA! T...	2 beds \| 2 baths \| 720 sq.ft.	$124,900	Airbnb cash on cash: -0.16% Traditional cash on cash: 11.93% Airbnb Rental Income: $647 Traditional Rental Income: $1805 Airbnb ROI: -0.16% Traditional ROI: 11.93%
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: -0.49% Traditional cash on cash: 5.14% Airbnb Rental Income: $647 Traditional Rental Income: $1935 Airbnb ROI: -0.49% 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.	$172,900	Airbnb cash on cash: 1.43% Traditional cash on cash: 8.31% Airbnb Rental Income: $867 Traditional Rental Income: $1667 Airbnb ROI: 1.43% Traditional ROI: 8.31%
8492 Gibson Ave Lake, MI 8492 Gibson Ave, Lake, MI 48632 \| Single Family Residential	6 beds \| 3 baths \| 2,496 sq.ft.	$435,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.9% Airbnb Rental Income: $null Traditional Rental Income: $3120 Airbnb ROI: N/A Traditional ROI: 4.9%
6364 Joanne St Lot : 29 Lake, MI 6364 Joanne St Lot : 29, Lake, MI 48632 \| Single Family Residential	2 beds \| 1 baths \| 1,216 sq.ft.	$299,000	Airbnb cash on cash: -1.61% Traditional cash on cash: 2.01% Airbnb Rental Income: $647 Traditional Rental Income: $1368 Airbnb ROI: -1.61% Traditional ROI: 2.01%
6655 Cedarhurst Dr Lake, MI 6655 Cedarhurst Dr, Lake, MI 48632 \| Single Family Residential	3 beds \| 2 baths \| 1,700 sq.ft.	$275,000	Airbnb cash on cash: 2.23% Traditional cash on cash: 6.06% Airbnb Rental Income: $1815 Traditional Rental Income: $2317 Airbnb ROI: 2.23% Traditional ROI: 6.06%
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.	$375,000	Airbnb cash on cash: 1% Traditional cash on cash: 4.05% Airbnb Rental Income: $1815 Traditional Rental Income: $2398 Airbnb ROI: 1% Traditional ROI: 4.05%
7174 Oak Hollow Trail Lake, MI Escape to Northern Michigan with this charming cabin tucked away on a quiet dead-end road ...	2 beds \| 1 baths \| 768 sq.ft.	$115,000	Airbnb cash on cash: -0.19% Traditional cash on cash: 9.12% Airbnb Rental Income: $647 Traditional Rental Income: $1385 Airbnb ROI: -0.19% Traditional ROI: 9.12%
917 Oak Dr Lake, MI 917 Oak Dr, Lake, MI 48632 \| Single Family Residential	3 beds \| 1 baths \| 832 sq.ft.	$129,900	Airbnb cash on cash: 7.34% Traditional cash on cash: 9.29% Airbnb Rental Income: $1815 Traditional Rental Income: $1567 Airbnb ROI: 7.34% Traditional ROI: 9.29%
1361 N Crooked Lake Dr Lot : 13 Lake, MI 1361 N Crooked Lake Dr Lot : 13, Lake, MI 48632 \| Single Family Residential	3 beds \| 1 baths \| 1,200 sq.ft.	$299,900	Airbnb cash on cash: 1.84% Traditional cash on cash: 3.27% Airbnb Rental Income: $1815 Traditional Rental Income: $1729 Airbnb ROI: 1.84% Traditional ROI: 3.27%
5911 JACKSON Lake, MI Welcome to 5911 Jackson Avenue in Lake, Michigan! This charming 3-bedroom, 2-bath ranch, b...	3 beds \| 2 baths \| 1,080 sq.ft.	$185,000	Airbnb cash on cash: 4.93% Traditional cash on cash: 8.89% Airbnb Rental Income: $1815 Traditional Rental Income: $2020 Airbnb ROI: 4.93% Traditional ROI: 8.89%
10365 Cadillac Drive Lake, MI Discover this rare 19.1-acre property located just off M-115. Featuring a 3-bedroom, 2-bat...	3 beds \| 2 baths \| 1,440 sq.ft.	$185,000	Airbnb cash on cash: 4.99% Traditional cash on cash: 10.1% Airbnb Rental Income: $1815 Traditional Rental Income: $2221 Airbnb ROI: 4.99% Traditional ROI: 10.1%
5911 Jackson Ave Lake, MI 5911 Jackson Ave, Lake, MI 48632 \| Single Family Residential	3 beds \| 2 baths \| 1,080 sq.ft.	$185,000	Airbnb cash on cash: 4.48% Traditional cash on cash: 7.63% Airbnb Rental Income: $1815 Traditional Rental Income: $1878 Airbnb ROI: 4.48% Traditional ROI: 7.63%
8659 Wood View Dr Lake, MI 8659 Wood View Dr, Lake, MI 48632 \| Single Family Residential	3 beds \| 3 baths \| 2,464 sq.ft.	$400,000	Airbnb cash on cash: 0.76% Traditional cash on cash: 5.68% Airbnb Rental Income: $1815 Traditional Rental Income: $3168 Airbnb ROI: 0.76% Traditional ROI: 5.68%
716 Forest Blvd Lot : 12 Lake, MI 716 Forest Lot : 12, Lake, MI 48632 \| Single Family Residential	2 beds \| 1 baths \| 750 sq.ft.	$254,900	Airbnb cash on cash: -1.45% Traditional cash on cash: 2.45% Airbnb Rental Income: $647 Traditional Rental Income: $1290 Airbnb ROI: -1.45% Traditional ROI: 2.45%
716 Forest Blvd Lake, MI 716 Forest, Lake, MI 48632 \| Single Family Residential	2 beds \| 1 baths \| 750 sq.ft.	$254,900	Airbnb cash on cash: -1.45% Traditional cash on cash: 2.45% Airbnb Rental Income: $647 Traditional Rental Income: $1290 Airbnb ROI: -1.45% Traditional ROI: 2.45%
295 Arbor Rd Lake, MI 295 Arbor Rd, Lake, MI 48632 \| Single Family Residential	3 beds \| 1 baths \| 1,500 sq.ft.	$335,000	Airbnb cash on cash: 1.37% Traditional cash on cash: 3.13% Airbnb Rental Income: $1815 Traditional Rental Income: $1875 Airbnb ROI: 1.37% Traditional ROI: 3.13%
5881 Apple Hill Dr Lake, MI 5881 Apple Hill Dr, Lake, MI 48632 \| Single Family Residential	2 beds \| 1 baths \| 1,312 sq.ft.	$119,000	Airbnb cash on cash: -0.27% Traditional cash on cash: 9.93% Airbnb Rental Income: $647 Traditional Rental Income: $1521 Airbnb ROI: -0.27% Traditional ROI: 9.93%
6651 Tamarack Lake, MI MOTIVATED SELLER- Immediate occupancy This is a ranch style home with a walk-out bsmt. The...	2 beds \| 3 baths \| 1,600 sq.ft.	$489,000	Airbnb cash on cash: -1.04% Traditional cash on cash: 3.33% Airbnb Rental Income: $647 Traditional Rental Income: $2350 Airbnb ROI: -1.04% Traditional ROI: 3.33%
6651 Tamarack Trl Lake, MI 6651 Tamarack Trl, Lake, MI 48632 \| Single Family Residential	2 beds \| 2 baths \| 1,600 sq.ft.	$489,000	Airbnb cash on cash: -2.01% Traditional cash on cash: 1.85% Airbnb Rental Income: $647 Traditional Rental Income: $2116 Airbnb ROI: -2.01% Traditional ROI: 1.85%
8307 Cortez Drive Lake, MI Honey look! The BEST of both worlds awaits you in this well appointed chalet w/breath-tak...	3 beds \| 2 baths \| 2,944 sq.ft.	$549,000	Airbnb cash on cash: 0.32% Traditional cash on cash: 3.38% Airbnb Rental Income: $1815 Traditional Rental Income: $2892 Airbnb ROI: 0.32% Traditional ROI: 3.38%
11091 W Eight Point Lake Lake, MI CLOSE PROXIMITY TO 8 POINT LAKE AND CROOKED LAKE, 3.66+/- ACRES, OFFERING A COUNTRY SETTI...	1 beds \| 2 baths \| 1,008 sq.ft.	$265,000	Airbnb cash on cash: -0.76% Traditional cash on cash: 5.27% Airbnb Rental Income: $867 Traditional Rental Income: $2040 Airbnb ROI: -0.76% Traditional ROI: 5.27%
9370 Perch Lake Dr Lake, MI Rare opportunity to own a waterfront home on Perch Lake! Built in 2012, this well-maintain...	2 beds \| 3 baths \| 2,454 sq.ft.	$364,999	Airbnb cash on cash: -0.82% Traditional cash on cash: 4.91% Airbnb Rental Income: $647 Traditional Rental Income: $2313 Airbnb ROI: -0.82% Traditional ROI: 4.91%
491 Big Stone Lake Lake, MI Welcome to your private country retreat! This beautifully maintained 3-bedroom, 2-bath hom...	3 beds \| 2 baths \| 1,334 sq.ft.	$295,000	Airbnb cash on cash: 2.65% Traditional cash on cash: 5.87% Airbnb Rental Income: $1815 Traditional Rental Income: $2219 Airbnb ROI: 2.65% Traditional ROI: 5.87%
3340 Pinehurst Lake, MI Welcome to your luxurious bungalow-style cottage with panoramic views of the highly sought...	2 beds \| 2 baths \| 1,000 sq.ft.	$258,000	Airbnb cash on cash: -1.56% Traditional cash on cash: 5% Airbnb Rental Income: $647 Traditional Rental Income: $1947 Airbnb ROI: -1.56% Traditional ROI: 5%
111 Woodland Walk Lake, MI Beautifully remodeled and completely turnkey 2-bedroom, 1-bath lake-view cottage overlooki...	2 beds \| 1 baths \| N/A	$152,500	Airbnb cash on cash: -0.75% Traditional cash on cash: 8.49% Airbnb Rental Income: $647 Traditional Rental Income: $1697 Airbnb ROI: -0.75% Traditional ROI: 8.49%
9530 W Denver Road Lake, MI "Drop Out" and right into this Diamond! If you are looking for a dirt road, no close neig...	3 beds \| 1 baths \| 1,568 sq.ft.	$199,900	Airbnb cash on cash: 5.08% Traditional cash on cash: 8.07% Airbnb Rental Income: $1815 Traditional Rental Income: $1891 Airbnb ROI: 5.08% Traditional ROI: 8.07%
8033 Rolling Drive Lake, MI Tucked back on a spacious 3 acre corner shaded lot you can find this 1280 sq ft 3 bed 2 ba...	3 beds \| 2 baths \| 1,280 sq.ft.	$158,000	Airbnb cash on cash: 6.58% Traditional cash on cash: 11.92% Airbnb Rental Income: $1815 Traditional Rental Income: $2129 Airbnb ROI: 6.58% Traditional ROI: 11.92%

Your search for investment property begins and ends here

Single Family Homes for Sale in Lake, MI

441 Hillcrest Dr

Lake, MI

3 beds | 2 baths | 1,400 sq.ft.

$199,900

Airbnb cash on cash: 4.92%

Traditional cash on cash: 8.71%

Airbnb Rental Income: $1815

Traditional Rental Income: $2043

Airbnb ROI: 4.92%

Traditional ROI: 8.71%

1320 Hillcrest Dr

Lake, MI

2 beds | 1 baths | 1,242 sq.ft.

$325,000

Airbnb cash on cash: -0.96%

Traditional cash on cash: 4.39%

Airbnb Rental Income: $647

Traditional Rental Income: $1985

Airbnb ROI: -0.96%

Traditional ROI: 4.39%

9523-25 Terry Street

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%

4450 ADAMS Rd

Lake, MI

3 beds | 2 baths | 1,375 sq.ft.

$265,000

Airbnb cash on cash: 3.31%

Traditional cash on cash: 6.09%

Airbnb Rental Income: $1815

Traditional Rental Income: $2019

Airbnb ROI: 3.31%

Traditional ROI: 6.09%

2221 Grass Lake Ave

Lake, MI

1 beds | 1 baths | 618 sq.ft.

$69,900

Airbnb cash on cash: 3.69%

Traditional cash on cash: 11.18%

Airbnb Rental Income: $867

Traditional Rental Income: $1053

Airbnb ROI: 3.69%

Traditional ROI: 11.18%

1361 N Crooked Lake Dr

Lake, MI

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

$299,900

Airbnb cash on cash: 1.84%

Traditional cash on cash: 1.44%

Airbnb Rental Income: $1815

Traditional Rental Income: $1211

Airbnb ROI: 1.84%

Traditional ROI: 1.44%

11935 N Shore Drive

Lake, MI

2 beds | 1 baths | 1,178 sq.ft.

$239,000

Airbnb cash on cash: -0.93%

Traditional cash on cash: 5.39%

Airbnb Rental Income: $647

Traditional Rental Income: $1779

Airbnb ROI: -0.93%

Traditional ROI: 5.39%

10429 Garfield Avenue

Lake, MI

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

$164,900

Airbnb cash on cash: 6.23%

Traditional cash on cash: 11.81%

Airbnb Rental Income: $1815

Traditional Rental Income: $2202

Airbnb ROI: 6.23%