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
500 W NORWAY LAKE Road Lapeer, MI This home is a hunters DREAM! Enjoy walking through your backyard and immediately entering...	4 beds \| 2 baths \| 1,400 sq.ft.	$284,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.19% Airbnb Rental Income: $null Traditional Rental Income: $1930 Airbnb ROI: N/A Traditional ROI: 5.19%
1154 Beth Drive Lapeer, MI *Immediate Occupancy at Closing! This 3-bedroom 2.5 bath sprawling ranch sits on a spaciou...	3 beds \| 3 baths \| 1,707 sq.ft.	$255,000	Airbnb cash on cash: 1.67% Traditional cash on cash: 8.44% Airbnb Rental Income: $1282 Traditional Rental Income: $2509 Airbnb ROI: 1.67% Traditional ROI: 8.44%
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.	$379,900	Airbnb cash on cash: 0.21% Traditional cash on cash: 5.81% Airbnb Rental Income: $1282 Traditional Rental Income: $2876 Airbnb ROI: 0.21% Traditional ROI: 5.81%
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 6 Unit Multi-Family Investment Property â Near Downtown Lapeer. Each unit offers 1 bedr...	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: 2.43% Traditional cash on cash: 7.47% Airbnb Rental Income: $1282 Traditional Rental Income: $1696 Airbnb ROI: 2.43% 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.	$449,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.57% Airbnb Rental Income: $null Traditional Rental Income: $2644 Airbnb ROI: N/A Traditional ROI: 4.57%
4143 Longview Drive Lapeer, MI This property is being offered via online only auction with a minimum bid of only $1,600,0...	4 beds \| 5 baths \| 6,712 sq.ft.	$1,600,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.84% Airbnb Rental Income: $null Traditional Rental Income: $5493 Airbnb ROI: N/A Traditional ROI: 0.84%
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.	$549,900	Airbnb cash on cash: 0.6% Traditional cash on cash: 1.47% Airbnb Rental Income: $1466 Traditional Rental Income: $1477 Airbnb ROI: 0.6% Traditional ROI: 1.47%
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%
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: 0.29% Traditional cash on cash: 6.04% Airbnb Rental Income: $1466 Traditional Rental Income: $2602 Airbnb ROI: 0.29% 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: 0.65% Traditional cash on cash: 4.65% Airbnb Rental Income: $1282 Traditional Rental Income: $2250 Airbnb ROI: 0.65% 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: 0.67% Traditional cash on cash: 5.95% Airbnb Rental Income: $1282 Traditional Rental Income: $2612 Airbnb ROI: 0.67% Traditional ROI: 5.95%
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.	$539,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.48% Airbnb Rental Income: $null Traditional Rental Income: $3109 Airbnb ROI: N/A Traditional ROI: 4.48%
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.	$424,900	Airbnb cash on cash: 0.46% Traditional cash on cash: 4.34% Airbnb Rental Income: $1282 Traditional Rental Income: $2421 Airbnb ROI: 0.46% Traditional ROI: 4.34%
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%
1077 Christine Lapeer, MI Resort-style living meets everyday comfort in this exceptional two-story estate on 3.44 ac...	3 beds \| 4 baths \| 2,581 sq.ft.	$869,000	Airbnb cash on cash: -0.43% Traditional cash on cash: 2.33% Airbnb Rental Income: $1282 Traditional Rental Income: $3111 Airbnb ROI: -0.43% Traditional ROI: 2.33%
373 Mansfield Drive Lapeer, MI The perfect Ranch in Lapeer's preferred subdivision! Located in the city of Lapeer with ci...	3 beds \| 2 baths \| 1,400 sq.ft.	$299,900	Airbnb cash on cash: 1.06% Traditional cash on cash: 5.47% Airbnb Rental Income: $1282 Traditional Rental Income: $2124 Airbnb ROI: 1.06% Traditional ROI: 5.47%
1938 Lakeview Drive Lapeer, MI Life is better at the lake! You have got to see this absolutely beautiful 3 bedroom, 2 bat...	3 beds \| 2 baths \| 2,062 sq.ft.	$509,000	Airbnb cash on cash: -0.09% Traditional cash on cash: 4.27% Airbnb Rental Income: $1282 Traditional Rental Income: $2955 Airbnb ROI: -0.09% Traditional ROI: 4.27%
1636 Woodbridge Park Lapeer, MI Take advantage of Zero Down USDA Loan! Seller will help with closing costs! Buyers come ...	4 beds \| 3 baths \| 1,830 sq.ft.	$324,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.58% Airbnb Rental Income: $null Traditional Rental Income: $2976 Airbnb ROI: N/A Traditional ROI: 7.58%
847 N Main Street Lapeer, MI Fully rebuilt in 2004, 4-bedroom, 2-bath home in the heart of Lapeer, set on an extra-lar...	4 beds \| 2 baths \| 1,620 sq.ft.	$239,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.53% Airbnb Rental Income: $null Traditional Rental Income: $2369 Airbnb ROI: N/A Traditional ROI: 8.53%
2669 Imlay City Road N Lapeer, MI Charming 2-Bedroom Home with Country Feel & Endless Potential Looking for the perfect sta...	2 beds \| 1 baths \| 825 sq.ft.	$169,000	Airbnb cash on cash: 4.01% Traditional cash on cash: 4.75% Airbnb Rental Income: $1466 Traditional Rental Income: $1152 Airbnb ROI: 4.01% Traditional ROI: 4.75%
303 Devonshire Drive #7 Lapeer, MI Live the lifestyle you deserve-New Golf Course Condos at Rolling Hills Golf Course in Lape...	2 beds \| 2 baths \| 1,527 sq.ft.	$359,900	Airbnb cash on cash: 0.95% Traditional cash on cash: 5.2% Airbnb Rental Income: $1466 Traditional Rental Income: $2469 Airbnb ROI: 0.95% Traditional ROI: 5.2%
1- 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% Traditional cash on cash: 5.76% Airbnb Rental Income: $1466 Traditional Rental Income: $2596 Airbnb ROI: 1% Traditional ROI: 5.76%
1270 Bowers Road Lapeer, MI Welcome to 1270 Bowers Rd - A Charming Ranch-Style Home. This warm and inviting family hom...	3 beds \| 2 baths \| 1,634 sq.ft.	$299,000	Airbnb cash on cash: 1.22% Traditional cash on cash: 6.02% Airbnb Rental Income: $1282 Traditional Rental Income: $2232 Airbnb ROI: 1.22% Traditional ROI: 6.02%
2148 Vernor Lapeer, MI Welcome to this charming ranch home in Mayfield Township! This well-maintained 3-bedroom, ...	3 beds \| 2 baths \| 1,200 sq.ft.	$249,900	Airbnb cash on cash: 1.59% Traditional cash on cash: 5.59% Airbnb Rental Income: $1282 Traditional Rental Income: $1824 Airbnb ROI: 1.59% Traditional ROI: 5.59%
5155 Coldwater Road Coldwater Lapeer, MI Quality built split level home with very open concept that sets on .75 acres. This is an o...	3 beds \| 2 baths \| 1,520 sq.ft.	$349,900	Airbnb cash on cash: 1.31% Traditional cash on cash: 4.18% Airbnb Rental Income: $1282 Traditional Rental Income: $1824 Airbnb ROI: 1.31% Traditional ROI: 4.18%
323 Turrill Avenue Lapeer, MI This spacious 3-bedroom home located in the city of Lapeer features a large formal dining ...	3 beds \| 1 baths \| 1,564 sq.ft.	$199,900	Airbnb cash on cash: 2.24% Traditional cash on cash: 6.67% Airbnb Rental Income: $1282 Traditional Rental Income: $1721 Airbnb ROI: 2.24% Traditional ROI: 6.67%
1340 W Genesee Street Lapeer, MI This beautiful 3-bedroom 2 bath home built in 1908 has an abundance of charm and has been ...	3 beds \| 2 baths \| 1,984 sq.ft.	$225,000	Airbnb cash on cash: 1.79% Traditional cash on cash: 9.46% Airbnb Rental Income: $1282 Traditional Rental Income: $2512 Airbnb ROI: 1.79% Traditional ROI: 9.46%
3530 Davison Road Lapeer, MI This stunning ranch home is totally updated from top to bottom and it's well-maintained. ...	3 beds \| 2 baths \| 1,703 sq.ft.	$260,000	Airbnb cash on cash: 1.62% Traditional cash on cash: 5.47% Airbnb Rental Income: $1282 Traditional Rental Income: $1824 Airbnb ROI: 1.62% Traditional ROI: 5.47%
344 Courtney's Place Lapeer, MI Nestled within the prestigious Rolling Hills subdivision on a tranquil cul-de-sac, this th...	3 beds \| 2 baths \| 1,413 sq.ft.	$325,000	Airbnb cash on cash: 1.42% Traditional cash on cash: 5.53% Airbnb Rental Income: $1282 Traditional Rental Income: $2134 Airbnb ROI: 1.42% Traditional ROI: 5.53%
1149 Highview Lapeer, MI Move in ready beautiful ranch with full walk out basement. This 4 bedroom 2.5 bath home f...	4 beds \| 3 baths \| 1,850 sq.ft.	$380,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.78% Airbnb Rental Income: $null Traditional Rental Income: $2699 Airbnb ROI: N/A Traditional ROI: 5.78%
629 N Calhoun Street Lapeer, MI Donât miss the opportunity to own this stunning Folk Victorian home where historic charm...	5 beds \| 3 baths \| 2,700 sq.ft.	$329,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.16% Airbnb Rental Income: $null Traditional Rental Income: $3014 Airbnb ROI: N/A Traditional ROI: 7.16%
317 Devonshire Drive #9 Lapeer, MI Award winning Clearview Homes just broke ground on this single-family luxury ranch style c...	2 beds \| 2 baths \| 1,527 sq.ft.	$349,900	Airbnb cash on cash: 1% Traditional cash on cash: 4.46% Airbnb Rental Income: $1466 Traditional Rental Income: $2167 Airbnb ROI: 1% Traditional ROI: 4.46%

Real Estate investment in Lapeer, MI

There are 52 properties for sale in the city of Lapeer . The median list price in Lapeer is $325,000 and the average price per square foot is $173. In October 2025, the average monthly cash on cash return in Lapeer is 6.00%. The average monthly rental income in Lapeer is $2,469.

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 $2,469.

Your search for investment property begins and ends here

Investment Property for Sale in Lapeer, MI

500 W NORWAY LAKE Road

Lapeer, MI

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

$284,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.19%

Airbnb Rental Income: $null

Traditional Rental Income: $1930

Airbnb ROI: N/A

Traditional ROI: 5.19%

1154 Beth Drive

Lapeer, MI

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

$255,000

Airbnb cash on cash: 1.67%

Traditional cash on cash: 8.44%

Airbnb Rental Income: $1282

Traditional Rental Income: $2509

Airbnb ROI: 1.67%

Traditional ROI: 8.44%

2173 Fawn Glen Circle

Lapeer, MI

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

$379,900

Airbnb cash on cash: 0.21%

Traditional cash on cash: 5.81%

Airbnb Rental Income: $1282

Traditional Rental Income: $2876

Airbnb ROI: 0.21%

Traditional ROI: 5.81%

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: 2.43%

Traditional cash on cash: 7.47%

Airbnb Rental Income: $1282

Traditional Rental Income: $1696

Airbnb ROI: 2.43%

Traditional ROI: 7.47%

2055 BROKER Road

Lapeer, MI

4 beds | 3 baths | 1,800 sq.ft.

$449,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.57%

Airbnb Rental Income: $null

Traditional Rental Income: $2644

Airbnb ROI: N/A