Real Estate Investment Properties for Sale in Lapeer, MI

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
428 E Norway Lake Road Lapeer, MI (OPEN HOUSE Sunday 08/31/2025 from 2:00 PM-4:00 PM) Private oasis nestled in deep in the w...	4 beds \| 3 baths \| 2,400 sq.ft.	$435,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.3% Airbnb Rental Income: $null Traditional Rental Income: $2978 Airbnb ROI: N/A Traditional ROI: 5.3%
1154 Beth Drive Lapeer, MI This 3 bedroom 2.5 bath sprawling ranch sits on a spacious almost one acre lot just outsid...	3 beds \| 3 baths \| 1,707 sq.ft.	$275,000	Airbnb cash on cash: 2.16% Traditional cash on cash: 7.77% Airbnb Rental Income: $1492 Traditional Rental Income: $2509 Airbnb ROI: 2.16% Traditional ROI: 7.77%
2173 Fawn Glen Circle Lapeer, MI STUNNING CAPE COD! FIRST FLOOR MASTER BEDROOM AND MASTER BATHROOM WITH FIRST FLOOR LAUNDRY...	3 beds \| 4 baths \| 2,010 sq.ft.	$399,900	Airbnb cash on cash: 0.61% Traditional cash on cash: 5.47% Airbnb Rental Income: $1492 Traditional Rental Income: $2876 Airbnb ROI: 0.61% Traditional ROI: 5.47%
2213 Landmark Drive Lapeer, MI Beautifully remodeled quad-level situated on .44 of an acre. This home features 1564 sq.ft...	3 beds \| 1 baths \| 1,364 sq.ft.	$275,000	Airbnb cash on cash: 1.9% Traditional cash on cash: 5.41% Airbnb Rental Income: $1492 Traditional Rental Income: $1966 Airbnb ROI: 1.9% Traditional ROI: 5.41%
396 Hickory Lane Lapeer, MI SPRAWLING WATERFRONT HOME MINUTES FROM DOWNTOWN LAPEER. THIS HOME SITS ON A PRIVATE, WOODE...	4 beds \| 4 baths \| 2,926 sq.ft.	$450,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.95% Airbnb Rental Income: $null Traditional Rental Income: $3709 Airbnb ROI: N/A Traditional ROI: 6.95%
2065 S LAPEER Road Lapeer, MI This mostly updated home offers practical upgrades and solid charm. It features a brand-ne...	4 beds \| 3 baths \| 1,970 sq.ft.	$439,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.92% Airbnb Rental Income: $null Traditional Rental Income: $3149 Airbnb ROI: N/A Traditional ROI: 5.92%
47 Pope Street Lapeer, MI Great investment property close to downtown Lapeer. Six Units - all 1 bedroom with a full...	N/A beds \| 6 baths \| 3,425 sq.ft.	$439,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.04% Airbnb Rental Income: $null Traditional Rental Income: $4782 Airbnb ROI: N/A Traditional ROI: 9.04%
1120 W OREGON Street Lapeer, MI Opportunity is knocking with this home in a great location just walking distance to downto...	3 beds \| 1 baths \| 1,414 sq.ft.	$169,900	Airbnb cash on cash: 3.51% Traditional cash on cash: 7.47% Airbnb Rental Income: $1492 Traditional Rental Income: $1696 Airbnb ROI: 3.51% Traditional ROI: 7.47%
2055 BROKER Road Lapeer, MI Lovely home nestled amongst towering trees to guard your privacy! This home is its own ser...	4 beds \| 3 baths \| 1,800 sq.ft.	$464,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.39% Airbnb Rental Income: $null Traditional Rental Income: $2644 Airbnb ROI: N/A Traditional ROI: 4.39%
806 DAVIS LAKE Road Lapeer, MI This beautiful Modular home is in like new condition throughout and sits on a 4 ft dry cra...	3 beds \| 2 baths \| 2,000 sq.ft.	$354,900	Airbnb cash on cash: 0.63% Traditional cash on cash: 5.46% Airbnb Rental Income: $1492 Traditional Rental Income: $2664 Airbnb ROI: 0.63% Traditional ROI: 5.46%
4143 Longview Drive Lapeer, MI This truly magnificent lakefront retreat is nestled within the exclusive Lake Nepessing Bl...	5 beds \| 5 baths \| 6,582 sq.ft.	$2,199,999	Airbnb cash on cash: N/A Traditional cash on cash: 0.26% Airbnb Rental Income: $null Traditional Rental Income: $5493 Airbnb ROI: N/A Traditional ROI: 0.26%
3931 S Shore Drive Lapeer, MI Don't miss this rare opportunity to own 6 acres of direct lake frontage on beautiful Lake ...	2 beds \| 1 baths \| 900 sq.ft.	$599,900	Airbnb cash on cash: 0.53% Traditional cash on cash: 1.27% Airbnb Rental Income: $1508 Traditional Rental Income: $1477 Airbnb ROI: 0.53% Traditional ROI: 1.27%
305 Devonshire Drive #8 Lapeer, MI * New Construction*Award Winning Clearview Homes is Building Awesome Single-Family Con...	2 beds \| 2 baths \| 1,527 sq.ft.	$369,900	Airbnb cash on cash: 1% Traditional cash on cash: 5.04% Airbnb Rental Income: $1508 Traditional Rental Income: $2472 Airbnb ROI: 1% Traditional ROI: 5.04%
3761 Hunt Road Lapeer, MI Who wants to live at the lake? This beautiful property features nearly 100' of lake fronta...	3 beds \| 2 baths \| 1,744 sq.ft.	$399,999	Airbnb cash on cash: 0.88% Traditional cash on cash: 5.1% Airbnb Rental Income: $1492 Traditional Rental Income: $2638 Airbnb ROI: 0.88% Traditional ROI: 5.1%
205 Sterling Drive Lapeer, MI OPEN HOUSE JULY 27TH 2-4 PM Make an Offer!!! Welcome to 205 Sterling Dr in Lapeer, this h...	4 beds \| 2 baths \| 1,676 sq.ft.	$239,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.56% Airbnb Rental Income: $null Traditional Rental Income: $2367 Airbnb ROI: N/A Traditional ROI: 8.56%
251 Devonshire Drive #1 Lapeer, MI Award Winning Clearview Homes is Building Awesome Condo's on the Rolling Hills Golf Course...	2 beds \| 2 baths \| 1,527 sq.ft.	$349,900	Airbnb cash on cash: 1.11% Traditional cash on cash: 5.4% Airbnb Rental Income: $1508 Traditional Rental Income: $2476 Airbnb ROI: 1.11% Traditional ROI: 5.4%
138 W Hunters Creek Road Lapeer, MI 1971 Manufactured home situated in a rural setting but only 5 minutes from Lapeer and I-69...	3 beds \| 2 baths \| 2,190 sq.ft.	$224,900	Airbnb cash on cash: 3.04% Traditional cash on cash: 9.6% Airbnb Rental Income: $1492 Traditional Rental Income: $2452 Airbnb ROI: 3.04% Traditional ROI: 9.6%
1149 Highview Drive Lapeer, MI Move in ready beautiful ranch with walk out basement. This 4 bedroom 2.5 bath home feature...	4 beds \| 3 baths \| 1,850 sq.ft.	$389,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.63% Airbnb Rental Income: $null Traditional Rental Income: $2707 Airbnb ROI: N/A Traditional ROI: 5.63%
1111 W Park Street Lapeer, MI Lovely 4-5 bedroom home on gorgeous treed double lot, bright and sunny, large windows thro...	5 beds \| 2 baths \| 1,682 sq.ft.	$225,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.88% Airbnb Rental Income: $null Traditional Rental Income: $2651 Airbnb ROI: N/A Traditional ROI: 9.88%
3293 W Oregon Road Lapeer, MI Conveniently located less than 5 minutes to downtown Lapeer sits this 4-bedroom 2 bath ran...	4 beds \| 2 baths \| 1,500 sq.ft.	$259,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.3% Airbnb Rental Income: $null Traditional Rental Income: $2281 Airbnb ROI: N/A Traditional ROI: 7.3%
1408 Lincoln Street Lapeer, MI Move-in ready and loaded with premium upgrades, this luxury 2-bedroom, 2-bath ranch condo ...	2 beds \| 2 baths \| 1,500 sq.ft.	$289,900	Airbnb cash on cash: 0.42% Traditional cash on cash: 6.04% Airbnb Rental Income: $1508 Traditional Rental Income: $2602 Airbnb ROI: 0.42% Traditional ROI: 6.04%
350 Wildflower Lapeer, MI Welcome to this stunning 3-bedroom, 2-bath home that perfectly blends comfort, style, and ...	3 beds \| 2 baths \| 1,671 sq.ft.	$365,000	Airbnb cash on cash: 1.16% Traditional cash on cash: 4.65% Airbnb Rental Income: $1492 Traditional Rental Income: $2250 Airbnb ROI: 1.16% Traditional ROI: 4.65%
1512 Rulane Drive Lapeer, MI An AMAZING find in this three-bedroom, 2 full bath home with attached garage AND two unatt...	3 beds \| 2 baths \| 2,540 sq.ft.	$349,000	Airbnb cash on cash: 1.2% Traditional cash on cash: 5.95% Airbnb Rental Income: $1492 Traditional Rental Income: $2612 Airbnb ROI: 1.2% Traditional ROI: 5.95%
281 Devonshire Drive #6 Lapeer, MI Award winning Clearview Homes is about to break ground on this single-family luxury ranch ...	2 beds \| 2 baths \| 1,527 sq.ft.	$359,900	Airbnb cash on cash: 1.24% Traditional cash on cash: 5.41% Airbnb Rental Income: $1508 Traditional Rental Income: $2476 Airbnb ROI: 1.24% Traditional ROI: 5.41%
1647 Higley Road Lapeer, MI Welcome to your dream country estate! This impressive two-story Colonial offers over 3,700...	4 beds \| 3 baths \| 2,700 sq.ft.	$544,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.43% Airbnb Rental Income: $null Traditional Rental Income: $3109 Airbnb ROI: N/A Traditional ROI: 4.43%
1829 Farnsworth Road Lapeer, MI Charming Ranch with Secluded Pond, Pole Barn & Full House Generator. Move-In Ready! Nestle...	3 beds \| 2 baths \| 2,175 sq.ft.	$449,900	Airbnb cash on cash: 0.8% Traditional cash on cash: 4.04% Airbnb Rental Income: $1492 Traditional Rental Income: $2421 Airbnb ROI: 0.8% Traditional ROI: 4.04%
1205 Lancaster Street Lapeer, MI Why wait to build when this stunning 2023-built, 4-bedroom, 2.5-bath home is move-in ready...	4 beds \| 3 baths \| 1,900 sq.ft.	$359,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.4% Airbnb Rental Income: $null Traditional Rental Income: $3039 Airbnb ROI: N/A Traditional ROI: 6.4%
190 Maverick Lapeer, MI Welcome to this well-maintained, one-owner ranch in a great little subdivision within the ...	3 beds \| 2 baths \| 1,144 sq.ft.	$259,900	Airbnb cash on cash: 2.47% Traditional cash on cash: 5.93% Airbnb Rental Income: $1492 Traditional Rental Income: $1903 Airbnb ROI: 2.47% Traditional ROI: 5.93%

Real Estate investment in Lapeer, MI

There are 52 properties for sale in the city of Lapeer . The median list price in Lapeer is $349,900 and the average price per square foot is $188. In September 2025, the average monthly cash on cash return in Lapeer is 6.00%. The average monthly rental income in Lapeer is $2,487.

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

There are 52 investment properties available for sale in Lapeer.

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

The ROI for Long-Term is higher than the Short-Term in Lapeer with average rental income of $2,487.

Your search for investment property begins and ends here

Investment Property for Sale in Lapeer, MI

428 E Norway Lake Road

Lapeer, MI

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

$435,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.3%

Airbnb Rental Income: $null

Traditional Rental Income: $2978

Airbnb ROI: N/A

Traditional ROI: 5.3%

1154 Beth Drive

Lapeer, MI

3 beds | 3 baths | 1,707 sq.ft.

$275,000

Airbnb cash on cash: 2.16%

Traditional cash on cash: 7.77%

Airbnb Rental Income: $1492

Traditional Rental Income: $2509

Airbnb ROI: 2.16%

Traditional ROI: 7.77%

2173 Fawn Glen Circle

Lapeer, MI

3 beds | 4 baths | 2,010 sq.ft.

$399,900

Airbnb cash on cash: 0.61%

Traditional cash on cash: 5.47%

Airbnb Rental Income: $1492

Traditional Rental Income: $2876

Airbnb ROI: 0.61%

Traditional ROI: 5.47%

2213 Landmark Drive

Lapeer, MI

3 beds | 1 baths | 1,364 sq.ft.

$275,000

Airbnb cash on cash: 1.9%

Traditional cash on cash: 5.41%

Airbnb Rental Income: $1492

Traditional Rental Income: $1966

Airbnb ROI: 1.9%

Traditional ROI: 5.41%

396 Hickory Lane

Lapeer, MI

4 beds | 4 baths | 2,926 sq.ft.

$450,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.95%

Airbnb Rental Income: $null

Traditional Rental Income: $3709

Airbnb ROI: N/A

Traditional ROI: 6.95%

2065 S LAPEER Road

Lapeer, MI

4 beds | 3 baths | 1,970 sq.ft.

$439,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.92%

Airbnb Rental Income: $null

Traditional Rental Income: $3149

Airbnb ROI: N/A

Traditional ROI: 5.92%

47 Pope Street

Lapeer, MI

N/A beds | 6 baths | 3,425 sq.ft.

$439,000

Airbnb cash on cash: N/A

Traditional cash on cash: 9.04%

Airbnb Rental Income: $null

Traditional Rental Income: $4782

Airbnb ROI: N/A

Traditional ROI: 9.04%

1120 W OREGON Street

Lapeer, MI

3 beds | 1 baths | 1,414 sq.ft.

$169,900

Airbnb cash on cash: 3.51%

Traditional cash on cash: 7.47%

Airbnb Rental Income: $1492

Traditional Rental Income: $1696

Airbnb ROI: 3.51%