Real Estate Investment Properties for Sale in Lexington, MI

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
6669 Lakeshore Lexington, MI Great 3 bedroom, 1-1/2 bath ranch home on over half an acre with plenty of privacy. Only 2...	3 beds \| 2 baths \| 1,780 sq.ft.	$233,900	Airbnb cash on cash: 0.85% Traditional cash on cash: 8.04% Airbnb Rental Income: $1233 Traditional Rental Income: $2429 Airbnb ROI: 0.85% Traditional ROI: 8.04%
7462 Woodbine Lexington, MI Welcome to this beautifully cared-for cottage located just a short walk from the sparkling...	3 beds \| 1 baths \| 1,105 sq.ft.	$270,000	Airbnb cash on cash: 1.11% Traditional cash on cash: 4.23% Airbnb Rental Income: $1233 Traditional Rental Income: $1633 Airbnb ROI: 1.11% Traditional ROI: 4.23%
5774 Main Street Street Lexington, MI Turnkey 4,653 SF B&B on 1.92 Acres - Includes 3 Lots! Established Bed & Breakfast in th...	5 beds \| 5 baths \| 7,153 sq.ft.	$549,000	Airbnb cash on cash: 0.43% Traditional cash on cash: 7.37% Airbnb Rental Income: $2068 Traditional Rental Income: $5092 Airbnb ROI: 0.43% Traditional ROI: 7.37%
7226 Lakeview Drive Lexington, MI Nestled in the heart of Lexington in the coveted Great Lakes Shore subdivision, this extra...	5 beds \| 5 baths \| 2,000 sq.ft.	$998,000	Airbnb cash on cash: -0.38% Traditional cash on cash: 2.52% Airbnb Rental Income: $2068 Traditional Rental Income: $4224 Airbnb ROI: -0.38% Traditional ROI: 2.52%
7435 LAKEWOOD Lexington, MI ENJOY LAKE HURON - Great location for a getaway! This 3 season cottage offers 2 Bedrooms, ...	2 beds \| 1 baths \| 997 sq.ft.	$165,000	Airbnb cash on cash: 2.65% Traditional cash on cash: 6.35% Airbnb Rental Income: $1345 Traditional Rental Income: $1513 Airbnb ROI: 2.65% Traditional ROI: 6.35%
5425 Fabbri Lexington, MI GOLFERâS DREAM HOME! Experience the unparalleled beauty and craftsmanship of this custom...	5 beds \| 5 baths \| 3,839 sq.ft.	$995,000	Airbnb cash on cash: 0.09% Traditional cash on cash: 3.62% Airbnb Rental Income: $2068 Traditional Rental Income: $4804 Airbnb ROI: 0.09% Traditional ROI: 3.62%
5394 BABCOCK Lexington, MI GRAB YOUR CLUBS!!! SUMMER IS HERE!!! GOLF COURSE CONDO - Perfect for golf enthusiasts or a...	2 beds \| 3 baths \| 1,549 sq.ft.	$325,000	Airbnb cash on cash: -0.99% Traditional cash on cash: 3.93% Airbnb Rental Income: $1345 Traditional Rental Income: $2434 Airbnb ROI: -0.99% Traditional ROI: 3.93%
5418 Babcock Lexington, MI Charming, relaxing home on the 7th Fairway of Lakeview Hills Golf Course! Sparkling clean,...	2 beds \| 2 baths \| 1,550 sq.ft.	$329,000	Airbnb cash on cash: -0.18% Traditional cash on cash: 4.52% Airbnb Rental Income: $1345 Traditional Rental Income: $2385 Airbnb ROI: -0.18% Traditional ROI: 4.52%
7261 DOGWOOD Lexington, MI MOTIVATED SELLER! LEXINGTON - Ranch Home with AMAZING Association Beach access! MOTIVATED...	4 beds \| 2 baths \| 1,735 sq.ft.	$239,000	Airbnb cash on cash: 2.39% Traditional cash on cash: 7.73% Airbnb Rental Income: $1685 Traditional Rental Income: $2423 Airbnb ROI: 2.39% Traditional ROI: 7.73%
7213 Burns Line Lexington, MI Unique opportunity to own a newer home in the Lexington area with deeded beach rights! Thi...	3 beds \| 2 baths \| 1,232 sq.ft.	$259,900	Airbnb cash on cash: 1.95% Traditional cash on cash: 7.48% Airbnb Rental Income: $1233 Traditional Rental Income: $2194 Airbnb ROI: 1.95% Traditional ROI: 7.48%
7336 Rosewood Lexington, MI LEXINGTON -- STUNNING ASSOCIATION BEACHES!! The best of both worlds - a 2 Bedroom LAKE ACC...	2 beds \| 1 baths \| 910 sq.ft.	$227,000	Airbnb cash on cash: 1.9% Traditional cash on cash: 3.58% Airbnb Rental Income: $1345 Traditional Rental Income: $1293 Airbnb ROI: 1.9% Traditional ROI: 3.58%
7422 Elm Lexington, MI Beautiful 2 Bdrm 1 Bath home on a double lot just one block from the lake. This year round...	2 beds \| 1 baths \| 1,671 sq.ft.	$249,900	Airbnb cash on cash: 0.98% Traditional cash on cash: 5.04% Airbnb Rental Income: $1345 Traditional Rental Income: $1890 Airbnb ROI: 0.98% Traditional ROI: 5.04%
7173 Lake Lexington, MI Village of Lexington! Come experience all things Lexington, MI at 7173 Lake Street! This B...	3 beds \| 1 baths \| 978 sq.ft.	$249,900	Airbnb cash on cash: 0.64% Traditional cash on cash: 3.26% Airbnb Rental Income: $1233 Traditional Rental Income: $1458 Airbnb ROI: 0.64% Traditional ROI: 3.26%
7276 Oak Lexington, MI BACK ON THE MARKET! Charm & Convenience! This lake-access home can be (and is currently) a...	2 beds \| 1 baths \| 1,059 sq.ft.	$199,000	Airbnb cash on cash: 1.83% Traditional cash on cash: 5.33% Airbnb Rental Income: $1345 Traditional Rental Income: $1593 Airbnb ROI: 1.83% Traditional ROI: 5.33%
7338 Southwood Lexington, MI Welcome to 7338 Southwoodâyour laid-back lake getaway just nine houses from the water in...	3 beds \| 2 baths \| 1,500 sq.ft.	$319,000	Airbnb cash on cash: -0.08% Traditional cash on cash: 4.59% Airbnb Rental Income: $1233 Traditional Rental Income: $2241 Airbnb ROI: -0.08% Traditional ROI: 4.59%
7312 Forest Lexington, MI Welcome to 7312 Forest in Lexington - an adorable Lake Access Bungalow in Great Lakes Beac...	2 beds \| 1 baths \| 660 sq.ft.	$160,000	Airbnb cash on cash: 3.5% Traditional cash on cash: 6.15% Airbnb Rental Income: $1345 Traditional Rental Income: $1338 Airbnb ROI: 3.5% Traditional ROI: 6.15%
4358 Lakeshore Lexington, MI Stunning Modern Farmhouse on 7.2 Acres â Just 2.5 Miles North of Lexington! Discover the...	4 beds \| 4 baths \| 3,620 sq.ft.	$489,800	Airbnb cash on cash: -0.08% Traditional cash on cash: 5.34% Airbnb Rental Income: $1685 Traditional Rental Income: $3698 Airbnb ROI: -0.08% Traditional ROI: 5.34%
7355 Kilkare Lexington, MI Stunning Lexington Lake Access Bungalow in the Kilkare Subdivision Association! Located on...	2 beds \| 1 baths \| 940 sq.ft.	$209,900	Airbnb cash on cash: 2.33% Traditional cash on cash: 5.71% Airbnb Rental Income: $1345 Traditional Rental Income: $1605 Airbnb ROI: 2.33% Traditional ROI: 5.71%
3886 Lakeshore Lexington, MI Nestled just minutes from the charming Village of Lexington, this beautiful 4-acre parcel ...	3 beds \| 1 baths \| 900 sq.ft.	$99,000	Airbnb cash on cash: 6.02% Traditional cash on cash: 11.9% Airbnb Rental Income: $1233 Traditional Rental Income: $1405 Airbnb ROI: 6.02% Traditional ROI: 11.9%
7372 Tulip Lexington, MI Charming Cottage Just 4 Houses from Lake Huron! Looking for the perfect beachside escape? ...	2 beds \| 1 baths \| 898 sq.ft.	$182,500	Airbnb cash on cash: 2.41% Traditional cash on cash: 4.98% Airbnb Rental Income: $1345 Traditional Rental Income: $1377 Airbnb ROI: 2.41% Traditional ROI: 4.98%
7696 Varty Lexington, MI This carriage-house-style loft apartment over a large garage is located in a newer subdivi...	1 beds \| 1 baths \| 482 sq.ft.	$249,900	Airbnb cash on cash: 0.17% Traditional cash on cash: 4.98% Airbnb Rental Income: $756 Traditional Rental Income: $1576 Airbnb ROI: 0.17% Traditional ROI: 4.98%
3658 Lakeshore Lexington, MI Gorgeous home just north of the village of Lexington. Home sits on 4.04 acres with lots of...	3 beds \| 2 baths \| 2,330 sq.ft.	$399,500	Airbnb cash on cash: -0.54% Traditional cash on cash: 2.29% Airbnb Rental Income: $1233 Traditional Rental Income: $1896 Airbnb ROI: -0.54% Traditional ROI: 2.29%
7403 Woodside Lexington, MI WELCOME TO 7403 WOODSIDE - your Lexington, Michigan beach destination Get-A-Way! Located 5...	2 beds \| 1 baths \| 740 sq.ft.	$229,900	Airbnb cash on cash: 1.25% Traditional cash on cash: 3.3% Airbnb Rental Income: $1345 Traditional Rental Income: $1376 Airbnb ROI: 1.25% Traditional ROI: 3.3%
8941 & 8943 Lakeshore Lexington, MI 86' Lake Huron Waterfront on the southern border of Sanilac County. 2 bedroom 2 bath 2000...	2 beds \| 2 baths \| 2,000 sq.ft.	$859,000	Airbnb cash on cash: -0.85% Traditional cash on cash: 1.3% Airbnb Rental Income: $1345 Traditional Rental Income: $2657 Airbnb ROI: -0.85% Traditional ROI: 1.3%
5790 Main Rear Lexington, MI Affordable living within walking distance of all things Lexington! Private drive, roomy ba...	3 beds \| 2 baths \| 1,176 sq.ft.	$195,000	Airbnb cash on cash: 2.25% Traditional cash on cash: 8.24% Airbnb Rental Income: $1233 Traditional Rental Income: $1948 Airbnb ROI: 2.25% Traditional ROI: 8.24%
5798 Main #1 Lexington, MI VILLAGE of LEXINGTON Condo! Welcome to 5798 Main Street - Unit 1 - a delightful Garden-sty...	2 beds \| 2 baths \| 1,296 sq.ft.	$194,500	Airbnb cash on cash: 1.23% Traditional cash on cash: 6.56% Airbnb Rental Income: $1345 Traditional Rental Income: $1917 Airbnb ROI: 1.23% Traditional ROI: 6.56%
5749 Main #29 Lexington, MI You deserve a bit of luxury...Lakeview Condo in the Village of Lexington. Welcome to you...	2 beds \| 2 baths \| 1,058 sq.ft.	$269,000	Airbnb cash on cash: 0.15% Traditional cash on cash: 3.26% Airbnb Rental Income: $1345 Traditional Rental Income: $1720 Airbnb ROI: 0.15% Traditional ROI: 3.26%
5398 Union Lexington, MI Nestled in the heart of Lexington, this charming 3-bedroom, 2-bath Walding-built ranch hom...	3 beds \| 2 baths \| 2,247 sq.ft.	$424,500	Airbnb cash on cash: -1.22% Traditional cash on cash: 3.22% Airbnb Rental Income: $1233 Traditional Rental Income: $2604 Airbnb ROI: -1.22% Traditional ROI: 3.22%
7472 Elmwood Lexington, MI ENJOY PRIVATE LAKE HURON BEACHES 8 houses from the beach on Lake Huron, one of the most ...	2 beds \| 1 baths \| 934 sq.ft.	$269,000	Airbnb cash on cash: 1.66% Traditional cash on cash: 3.39% Airbnb Rental Income: $1345 Traditional Rental Income: $1370 Airbnb ROI: 1.66% Traditional ROI: 3.39%
7358 Mortimer Line Lexington, MI Is "Tiny Home Life" something you have thought would work for your lifestyle? Then here is...	1 beds \| 1 baths \| 440 sq.ft.	$135,000	Airbnb cash on cash: 0.18% Traditional cash on cash: 4.25% Airbnb Rental Income: $756 Traditional Rental Income: $969 Airbnb ROI: 0.18% Traditional ROI: 4.25%
4034 Lakeshore Lexington, MI LEXINGTON - Welcome to 4034 Lakeshore Road! This adorable Ranch Home rests on 2.2 beautifu...	2 beds \| 1 baths \| 1,120 sq.ft.	$224,900	Airbnb cash on cash: 2.42% Traditional cash on cash: 5.43% Airbnb Rental Income: $1345 Traditional Rental Income: $1574 Airbnb ROI: 2.42% Traditional ROI: 5.43%
7399 Walbridge Lexington, MI Pure Perfection! Do nothing but relax in the perfect balance of nature's beauty and luxur...	2 beds \| 1 baths \| 864 sq.ft.	$325,000	Airbnb cash on cash: 0.16% Traditional cash on cash: 1.88% Airbnb Rental Income: $1345 Traditional Rental Income: $1456 Airbnb ROI: 0.16% Traditional ROI: 1.88%
3288 Lakeshore Lexington, MI Welcome to your dream country escape! Nestled in the heart of Michigan's thumb, this beaut...	4 beds \| 4 baths \| 1,649 sq.ft.	$285,000	Airbnb cash on cash: 1.66% Traditional cash on cash: 2.02% Airbnb Rental Income: $1685 Traditional Rental Income: $1313 Airbnb ROI: 1.66% Traditional ROI: 2.02%
7525 Elmwood Lexington, MI BEACH ACCESS Lake Huron Living at Its Best! Just 3 houses from Lake Huron, this charming 3...	3 beds \| 1 baths \| 888 sq.ft.	$229,900	Airbnb cash on cash: 0.79% Traditional cash on cash: 4.14% Airbnb Rental Income: $1233 Traditional Rental Income: $1567 Airbnb ROI: 0.79% Traditional ROI: 4.14%
8195 Lakeshore Lexington, MI LEXINGTON: Welcome to 8195 & 8193 Lakeshore Road (2 HOMES)! Enjoy the best of Everything -...	3 beds \| 2 baths \| 2,160 sq.ft.	$824,900	Airbnb cash on cash: -1.56% Traditional cash on cash: 1.06% Airbnb Rental Income: $1233 Traditional Rental Income: $2850 Airbnb ROI: -1.56% Traditional ROI: 1.06%
5747 Main Lexington, MI Enjoy the carefree, year-round life of condo living in the First Resort North! Entry-level...	2 beds \| 2 baths \| 1,050 sq.ft.	$282,000	Airbnb cash on cash: -0.62% Traditional cash on cash: 3.51% Airbnb Rental Income: $1345 Traditional Rental Income: $2028 Airbnb ROI: -0.62% Traditional ROI: 3.51%
3303 LAKESHORE Road Lexington, MI On this near one acre lot in Lexington you will find this over 2300 square foot diamond in...	4 beds \| 2 baths \| 2,334 sq.ft.	$187,500	Airbnb cash on cash: 3.79% Traditional cash on cash: 11.81% Airbnb Rental Income: $1685 Traditional Rental Income: $2645 Airbnb ROI: 3.79% Traditional ROI: 11.81%
7153 CEDAR Road Lexington, MI Looking for quaint easy to maintain and ready to just move in? This home is super cute wi...	1 beds \| 1 baths \| 504 sq.ft.	$139,900	Airbnb cash on cash: 0.59% Traditional cash on cash: 5.75% Airbnb Rental Income: $756 Traditional Rental Income: $1133 Airbnb ROI: 0.59% Traditional ROI: 5.75%
6833 COUNTY FARM Road Lexington, MI Welcome to your dream home in the heart of Lexington! This charming single-family residenc...	4 beds \| 3 baths \| 2,225 sq.ft.	$375,000	Airbnb cash on cash: 1.7% Traditional cash on cash: 6.69% Airbnb Rental Income: $1685 Traditional Rental Income: $2969 Airbnb ROI: 1.7% Traditional ROI: 6.69%
5612 Main Street Lexington, MI Prime downtown location -commercial property- corner of Main/M-25/Lakeshore Rd and Lake St...	3 beds \| 2 baths \| 2,149 sq.ft.	$179,900	Airbnb cash on cash: 2.17% Traditional cash on cash: 11.37% Airbnb Rental Income: $1233 Traditional Rental Income: $2415 Airbnb ROI: 2.17% Traditional ROI: 11.37%

Real Estate investment in Lexington, MI

There are 54 properties for sale in the city of Lexington . The median list price in Lexington is $249,900 and the average price per square foot is $164. In September 2025, the average monthly cash on cash return in Lexington is 5.00%. The average monthly rental income in Lexington is $1,720.

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

There are 54 investment properties available for sale in Lexington.

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

The ROI for Long-Term is higher than the Short-Term in Lexington with average rental income of $1,720.

Your search for investment property begins and ends here

Investment Property for Sale in Lexington, MI

6669 Lakeshore

Lexington, MI

3 beds | 2 baths | 1,780 sq.ft.

$233,900

Airbnb cash on cash: 0.85%

Traditional cash on cash: 8.04%

Airbnb Rental Income: $1233

Traditional Rental Income: $2429

Airbnb ROI: 0.85%

Traditional ROI: 8.04%

7462 Woodbine

Lexington, MI

3 beds | 1 baths | 1,105 sq.ft.

$270,000

Airbnb cash on cash: 1.11%

Traditional cash on cash: 4.23%

Airbnb Rental Income: $1233

Traditional Rental Income: $1633

Airbnb ROI: 1.11%

Traditional ROI: 4.23%

5774 Main Street Street

Lexington, MI

5 beds | 5 baths | 7,153 sq.ft.

$549,000

Airbnb cash on cash: 0.43%

Traditional cash on cash: 7.37%

Airbnb Rental Income: $2068

Traditional Rental Income: $5092

Airbnb ROI: 0.43%

Traditional ROI: 7.37%

7226 Lakeview Drive

Lexington, MI

5 beds | 5 baths | 2,000 sq.ft.

$998,000

Airbnb cash on cash: -0.38%

Traditional cash on cash: 2.52%

Airbnb Rental Income: $2068

Traditional Rental Income: $4224

Airbnb ROI: -0.38%

Traditional ROI: 2.52%

7435 LAKEWOOD

Lexington, MI

2 beds | 1 baths | 997 sq.ft.

$165,000

Airbnb cash on cash: 2.65%

Traditional cash on cash: 6.35%

Airbnb Rental Income: $1345

Traditional Rental Income: $1513

Airbnb ROI: 2.65%

Traditional ROI: 6.35%

5425 Fabbri

Lexington, MI

5 beds | 5 baths | 3,839 sq.ft.

$995,000

Airbnb cash on cash: 0.09%

Traditional cash on cash: 3.62%

Airbnb Rental Income: $2068

Traditional Rental Income: $4804

Airbnb ROI: 0.09%

Traditional ROI: 3.62%

5394 BABCOCK

Lexington, MI

2 beds | 3 baths | 1,549 sq.ft.

$325,000

Airbnb cash on cash: -0.99%

Traditional cash on cash: 3.93%

Airbnb Rental Income: $1345

Traditional Rental Income: $2434

Airbnb ROI: -0.99%

Traditional ROI: 3.93%

5418 Babcock

Lexington, MI

2 beds | 2 baths | 1,550 sq.ft.

$329,000

Airbnb cash on cash: -0.18%

Traditional cash on cash: 4.52%

Airbnb Rental Income: $1345

Traditional Rental Income: $2385

Airbnb ROI: -0.18%