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
238 E Nepessing Street Lapeer, MI This 3-bedroom, 2-bath bungalow is conveniently located just east of Lapeer, offering an i...	3 beds \| 2 baths \| 1,300 sq.ft.	$219,900	Airbnb cash on cash: -2.2% Traditional cash on cash: 6.53% Airbnb Rental Income: $234 Traditional Rental Income: $1824 Airbnb ROI: -2.2% Traditional ROI: 6.53%
1240 Farnsworth Road Lapeer, MI Welcome to this beautifully remodeled sprawling ranch offering modern upgrades timeless ch...	3 beds \| 2 baths \| 1,566 sq.ft.	$309,900	Airbnb cash on cash: -1.98% Traditional cash on cash: 5.37% Airbnb Rental Income: $234 Traditional Rental Income: $2149 Airbnb ROI: -1.98% Traditional ROI: 5.37%
4198 MCDOWELL Road Lapeer, MI Beautiful ranch home on 5 acres with the original owner selling. First floor primary suite...	3 beds \| 2 baths \| 1,600 sq.ft.	$369,900	Airbnb cash on cash: -1.69% Traditional cash on cash: 4.73% Airbnb Rental Income: $234 Traditional Rental Income: $2235 Airbnb ROI: -1.69% Traditional ROI: 4.73%
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%
305 Devonshire Drive #8 Lapeer, MI Award winning Clearview Homes is building this single-family luxury ranch style condominiu...	2 beds \| 2 baths \| 1,527 sq.ft.	$359,900	Airbnb cash on cash: -1.29% Traditional cash on cash: 5.21% Airbnb Rental Income: $558 Traditional Rental Income: $2472 Airbnb ROI: -1.29% Traditional ROI: 5.21%
1111 W Park Street Lapeer, MI Absolutely charming 4â5 bedroom home nestled on a beautiful double, tree-lined lot! This...	5 beds \| 2 baths \| 1,682 sq.ft.	$209,900	Airbnb cash on cash: N/A Traditional cash on cash: 11.09% Airbnb Rental Income: $null Traditional Rental Income: $2651 Airbnb ROI: N/A Traditional ROI: 11.09%
1408 Lincoln Street Lapeer, MI Move-in ready, better than new, and priced well below current new construction in the same...	2 beds \| 2 baths \| 1,500 sq.ft.	$279,900	Airbnb cash on cash: -2.61% Traditional cash on cash: 6.2% Airbnb Rental Income: $558 Traditional Rental Income: $2602 Airbnb ROI: -2.61% Traditional ROI: 6.2%
5155 Coldwater Road Coldwater Lapeer, MI Quality built home with very open concept that sets on .75 acres. This is an original desi...	3 beds \| 2 baths \| 1,520 sq.ft.	$319,900	Airbnb cash on cash: -1.36% Traditional cash on cash: 6.66% Airbnb Rental Income: $234 Traditional Rental Income: $2417 Airbnb ROI: -1.36% Traditional ROI: 6.66%
317 Devonshire Drive #9 Lapeer, MI Award winning Clearview Homes is building this single-family luxury ranch style condominiu...	2 beds \| 2 baths \| 1,527 sq.ft.	$359,900	Airbnb cash on cash: -1.29% Traditional cash on cash: 4.31% Airbnb Rental Income: $558 Traditional Rental Income: $2167 Airbnb ROI: -1.29% Traditional ROI: 4.31%
220 W Park Street Lapeer, MI Charming Duplex in the Heart of Lapeer! Fully rented 2-unit property offering a great ...	N/A beds \| 2 baths \| 1,621 sq.ft.	$198,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.97% Airbnb Rental Income: $null Traditional Rental Income: $1973 Airbnb ROI: N/A Traditional ROI: 7.97%
359 Davis Lake Road Lapeer, MI Welcome home to this beautifully updated property offering the perfect blend of comfort, c...	3 beds \| 2 baths \| 1,700 sq.ft.	$269,900	Airbnb cash on cash: -1.67% Traditional cash on cash: 7.25% Airbnb Rental Income: $234 Traditional Rental Income: $2275 Airbnb ROI: -1.67% Traditional ROI: 7.25%
390 Devonshire Drive #27 Lapeer, MI Award winning Clearview Homes is building this single-family luxury ranch style condominiu...	2 beds \| 2 baths \| 1,527 sq.ft.	$349,900	Airbnb cash on cash: -1.3% Traditional cash on cash: 5.17% Airbnb Rental Income: $558 Traditional Rental Income: $2400 Airbnb ROI: -1.3% Traditional ROI: 5.17%
4718 Davison Road Lapeer, MI	1 beds \| 1 baths \| 5,721 sq.ft.	$550,000	Airbnb cash on cash: -1.68% Traditional cash on cash: 0.65% Airbnb Rental Income: $337 Traditional Rental Income: $1289 Airbnb ROI: -1.68% Traditional ROI: 0.65%
2681 Flint River Road Lapeer, MI She is sits back in overlooking the Flint River on 6 Acres 90% wooded acres. Roughly 1800 ...	3 beds \| 2 baths \| 1,800 sq.ft.	$279,900	Airbnb cash on cash: -1.86% Traditional cash on cash: 5.04% Airbnb Rental Income: $234 Traditional Rental Income: $1824 Airbnb ROI: -1.86% Traditional ROI: 5.04%
1821 N Lapeer Road Lapeer, MI Nearly one acre backing to a tranquil creek, this ranch-style fixer-upper is ready for you...	3 beds \| 2 baths \| 1,192 sq.ft.	$214,900	Airbnb cash on cash: -1.7% Traditional cash on cash: 7.61% Airbnb Rental Income: $234 Traditional Rental Income: $1900 Airbnb ROI: -1.7% Traditional ROI: 7.61%
90 Mill Street Lapeer, MI Introducing 90 Mill Street â a distinctive residence where character and comfort come to...	4 beds \| 1 baths \| 1,271 sq.ft.	$224,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.1% Airbnb Rental Income: $null Traditional Rental Income: $1688 Airbnb ROI: N/A Traditional ROI: 6.1%
26 Turrill Avenue Lapeer, MI Charming 1920s home in the heart of downtown Lapeer! This spacious 4-bedroom, 1.5 bath hom...	4 beds \| 2 baths \| 1,728 sq.ft.	$225,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.53% Airbnb Rental Income: $null Traditional Rental Income: $1688 Airbnb ROI: N/A Traditional ROI: 5.53%
1730 INDIAN Road Lapeer, MI Discover a rare opportunity in peaceful area on a 1 acre of land offering endless possibil...	2 beds \| 1 baths \| 900 sq.ft.	$299,000	Airbnb cash on cash: -1.58% Traditional cash on cash: 1.96% Airbnb Rental Income: $558 Traditional Rental Income: $1271 Airbnb ROI: -1.58% Traditional ROI: 1.96%
1466 Luxington Drive Lapeer, MI Spacious 4-bedroom, 3-full-bath two-story home in the sought-after Woodbridge community, j...	4 beds \| 3 baths \| 1,900 sq.ft.	$324,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.78% Airbnb Rental Income: $null Traditional Rental Income: $1688 Airbnb ROI: N/A Traditional ROI: 3.78%
634 Eastway Circle Lapeer, MI Welcome to easy low maintenance living in the heart of Lapeer! This well maintained standa...	2 beds \| 2 baths \| 1,120 sq.ft.	$289,900	Airbnb cash on cash: -1.56% Traditional cash on cash: 2.08% Airbnb Rental Income: $558 Traditional Rental Income: $1271 Airbnb ROI: -1.56% Traditional ROI: 2.08%
375 Devonshire Lapeer, MI Beautifully maintained condo in Lapeer overlooking the 8th hole of Rolling Hills Golf Club...	2 beds \| 2 baths \| 1,527 sq.ft.	$360,000	Airbnb cash on cash: -2.59% Traditional cash on cash: 0.36% Airbnb Rental Income: $558 Traditional Rental Income: $1271 Airbnb ROI: -2.59% Traditional ROI: 0.36%
3879 Shamrock Drive Lapeer, MI Stunning 4-bedroom, 2-bath timber frame home offers the perfect blend of rustic charm and ...	4 beds \| 2 baths \| 1,920 sq.ft.	$525,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.91% Airbnb Rental Income: $null Traditional Rental Income: $1688 Airbnb ROI: N/A Traditional ROI: 1.91%
92 Hartley Street Lapeer, MI Tucked away on a peaceful dead-end street, this charming home offers the perfect blend of ...	3 beds \| 1 baths \| 1,126 sq.ft.	$189,995	Airbnb cash on cash: -2.35% Traditional cash on cash: 7.72% Airbnb Rental Income: $234 Traditional Rental Income: $1824 Airbnb ROI: -2.35% Traditional ROI: 7.72%
1641 Indian Road Lapeer, MI **MULTIPLE OFFERS HIGHEST AND BEST** Welcome to your turnkey country retreat! Nestled ...	3 beds \| 2 baths \| 1,783 sq.ft.	$324,900	Airbnb cash on cash: -1.74% Traditional cash on cash: 4.21% Airbnb Rental Income: $234 Traditional Rental Income: $1824 Airbnb ROI: -1.74% Traditional ROI: 4.21%
845 Oak Tree Lane Lapeer, MI This well-maintained 3-bedroom, 3-bathroom home, constructed in 2001, offers over 2,500 sq...	3 beds \| 3 baths \| 2,587 sq.ft.	$579,900	Airbnb cash on cash: -1.68% Traditional cash on cash: 1.67% Airbnb Rental Income: $234 Traditional Rental Income: $1824 Airbnb ROI: -1.68% Traditional ROI: 1.67%

Real Estate investment in Lapeer, MI

There are 37 properties for sale in the city of Lapeer . The median list price in Lapeer is $306,100 and the average price per square foot is $163. In April 2026, the average monthly cash on cash return in Lapeer is 4.00%. The average monthly rental income in Lapeer is $1,688.

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

There are 37 investment properties available for sale in Lapeer.

In 2026, 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 $1,688.

Your search for investment property begins and ends here

Investment Property for Sale in Lapeer, MI

238 E Nepessing Street

Lapeer, MI

3 beds | 2 baths | 1,300 sq.ft.

$219,900

Airbnb cash on cash: -2.2%

Traditional cash on cash: 6.53%

Airbnb Rental Income: $234

Traditional Rental Income: $1824

Airbnb ROI: -2.2%

Traditional ROI: 6.53%

1240 Farnsworth Road

Lapeer, MI

3 beds | 2 baths | 1,566 sq.ft.

$309,900

Airbnb cash on cash: -1.98%

Traditional cash on cash: 5.37%

Airbnb Rental Income: $234

Traditional Rental Income: $2149

Airbnb ROI: -1.98%

Traditional ROI: 5.37%

4198 MCDOWELL Road

Lapeer, MI

3 beds | 2 baths | 1,600 sq.ft.

$369,900

Airbnb cash on cash: -1.69%

Traditional cash on cash: 4.73%

Airbnb Rental Income: $234

Traditional Rental Income: $2235

Airbnb ROI: -1.69%

Traditional ROI: 4.73%

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%

305 Devonshire Drive #8

Lapeer, MI

2 beds | 2 baths | 1,527 sq.ft.

$359,900

Airbnb cash on cash: -1.29%

Traditional cash on cash: 5.21%

Airbnb Rental Income: $558

Traditional Rental Income: $2472

Airbnb ROI: -1.29%

Traditional ROI: 5.21%

1111 W Park Street

Lapeer, MI

5 beds | 2 baths | 1,682 sq.ft.

$209,900

Airbnb cash on cash: N/A

Traditional cash on cash: 11.09%

Airbnb Rental Income: $null

Traditional Rental Income: $2651

Airbnb ROI: N/A

Traditional ROI: 11.09%

1408 Lincoln Street

Lapeer, MI

2 beds | 2 baths | 1,500 sq.ft.

$279,900

Airbnb cash on cash: -2.61%

Traditional cash on cash: 6.2%

Airbnb Rental Income: $558

Traditional Rental Income: $2602

Airbnb ROI: -2.61%

Traditional ROI: 6.2%

5155 Coldwater Road Coldwater

Lapeer, MI

3 beds | 2 baths | 1,520 sq.ft.

$319,900

Airbnb cash on cash: -1.36%

Traditional cash on cash: 6.66%

Airbnb Rental Income: $234

Traditional Rental Income: $2417

Airbnb ROI: -1.36%