Real Estate Investment Properties for Sale in Ludington, MI

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

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

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
105 W Danaher Street unit: 201 #201 Ludington, MI Harbor Terrace Condominium - Enjoy a WEST facing view that offers captivating waterfront v...	3 beds \| 3 baths \| 1,940 sq.ft.	$779,000	Airbnb cash on cash: -0.66% Traditional cash on cash: 1.88% Airbnb Rental Income: $1519 Traditional Rental Income: $2917 Airbnb ROI: -0.66% Traditional ROI: 1.88%
4771 S Lakeshore Drive Ludington, MI Welcome to your lakeside retreat! Nestled on nearly 2 pristine acres with private frontage...	5 beds \| 2 baths \| 2,000 sq.ft.	$545,000	Airbnb cash on cash: 0.8% Traditional cash on cash: 3.38% Airbnb Rental Income: $2202 Traditional Rental Income: $2962 Airbnb ROI: 0.8% Traditional ROI: 3.38%
6218 N Loggers Lane Ludington, MI Hamlin Lake Waterfront retreat-Discover 223 feet of private frontage on Hamlin Lake with t...	3 beds \| 3 baths \| 1,797 sq.ft.	$1,499,000	Airbnb cash on cash: -1.05% Traditional cash on cash: 0.35% Airbnb Rental Income: $1519 Traditional Rental Income: $3023 Airbnb ROI: -1.05% Traditional ROI: 0.35%
6451 W Virnetta Drive Ludington, MI Pere Marquette Township - Welcome to this beautifully updated 3-bedroom, 2 full and 2 half...	3 beds \| 3 baths \| 3,784 sq.ft.	$455,000	Airbnb cash on cash: 0.44% Traditional cash on cash: 4.05% Airbnb Rental Income: $1519 Traditional Rental Income: $2614 Airbnb ROI: 0.44% Traditional ROI: 4.05%
805 W Loomis Street Ludington, MI 3 bed 2 1/2 bath custom home completed in 2020...just 3 DOORS DOWN FROM LAKE MICHIGAN! Wal...	3 beds \| N/A baths \| 1,985 sq.ft.	$835,000	Airbnb cash on cash: -0.84% Traditional cash on cash: 1.67% Airbnb Rental Income: $1519 Traditional Rental Income: $3027 Airbnb ROI: -0.84% Traditional ROI: 1.67%
3691 N Jebavy Drive Ludington, MI Motivated seller. Charming Home nestled in a prime location near both Lake Michigan and Ha...	2 beds \| 1 baths \| 1,700 sq.ft.	$249,000	Airbnb cash on cash: -0.32% Traditional cash on cash: 3.29% Airbnb Rental Income: $1211 Traditional Rental Income: $1669 Airbnb ROI: -0.32% Traditional ROI: 3.29%
3776 N Jebavy Drive Ludington, MI HAMLIN TOWNSHIP FIXER-UPPER OR YOUR NEXT COMMERCIAL VENTURE: This 1600 sqft, 2 bedroom / 1...	2 beds \| 1 baths \| 1,600 sq.ft.	$149,900	Airbnb cash on cash: 3.01% Traditional cash on cash: 9.47% Airbnb Rental Income: $1211 Traditional Rental Income: $1748 Airbnb ROI: 3.01% Traditional ROI: 9.47%
709 E Loomis Street Ludington, MI OPEN HOUSE: Thursday, 10/09 6:00PM - 7:00PM Charming 5-bedroom, 2-bath home just a short w...	5 beds \| 2 baths \| 1,968 sq.ft.	$229,000	Airbnb cash on cash: 4.07% Traditional cash on cash: 8.59% Airbnb Rental Income: $2202 Traditional Rental Income: $2625 Airbnb ROI: 4.07% Traditional ROI: 8.59%
5925 W Jagger Road Ludington, MI Imagine an idyllic setting along the peaceful marshland of the Lincoln River, with a clear...	4 beds \| 3 baths \| 2,604 sq.ft.	$557,000	Airbnb cash on cash: -0.62% Traditional cash on cash: 4.71% Airbnb Rental Income: $1110 Traditional Rental Income: $3510 Airbnb ROI: -0.62% Traditional ROI: 4.71%
620 N Lakeshore Dr Ludington, MI Ludington Living - Renovated & Ready, Just steps from Stearns Park Beach Location, updates...	3 beds \| 2 baths \| 1,573 sq.ft.	$399,000	Airbnb cash on cash: 0.22% Traditional cash on cash: 3.2% Airbnb Rental Income: $1519 Traditional Rental Income: $2193 Airbnb ROI: 0.22% Traditional ROI: 3.2%
601 N Rath Avenue Ludington, MI Walk to the breathtaking Ludington beach. Walk to downtown for dinner, drinks, shopping, o...	3 beds \| 2 baths \| 2,168 sq.ft.	$290,000	Airbnb cash on cash: 1.22% Traditional cash on cash: 6.5% Airbnb Rental Income: $1519 Traditional Rental Income: $2520 Airbnb ROI: 1.22% Traditional ROI: 6.5%
505 E Pere Marquette Street Ludington, MI This charming and spacious 4 Bedroom, 2 bath ranch has been newly listed! A magnificent op...	4 beds \| 2 baths \| 2,726 sq.ft.	$299,900	Airbnb cash on cash: -0.28% Traditional cash on cash: 4.2% Airbnb Rental Income: $1110 Traditional Rental Income: $2001 Airbnb ROI: -0.28% Traditional ROI: 4.2%
724 E Ludington Avenue Ludington, MI 4 unit multi-family apartment in the heart of the City of Ludington on a lot and a half. 2...	8 beds \| N/A baths \| N/A	$399,000	Airbnb cash on cash: 1.66% Traditional cash on cash: 5.21% Airbnb Rental Income: $2202 Traditional Rental Income: $2977 Airbnb ROI: 1.66% Traditional ROI: 5.21%
409 E Filer Street Ludington, MI This amazing newly updated 4 bedroom, 3 1/2 bath home is full of character and charm! It f...	4 beds \| N/A baths \| 2,315 sq.ft.	$329,900	Airbnb cash on cash: -0.75% Traditional cash on cash: 6.39% Airbnb Rental Income: $1110 Traditional Rental Income: $2948 Airbnb ROI: -0.75% Traditional ROI: 6.39%
105 W Danaher Street unit: 309 #309 Ludington, MI City of Ludington -Welcome to Harbor Terrace, located in the heart of Ludington's vibrant ...	2 beds \| 2 baths \| 1,341 sq.ft.	$465,000	Airbnb cash on cash: -0.93% Traditional cash on cash: 1.84% Airbnb Rental Income: $1211 Traditional Rental Income: $2024 Airbnb ROI: -0.93% Traditional ROI: 1.84%
4919 North Victory Corner Road Ludington, MI Craft Your Dream on 23.74 Acres: Farmhouse & Potential Pond! Yearn for wide-open spaces? T...	3 beds \| 1 baths \| 2,450 sq.ft.	$289,000	Airbnb cash on cash: 1.09% Traditional cash on cash: 3.73% Airbnb Rental Income: $1519 Traditional Rental Income: $1796 Airbnb ROI: 1.09% Traditional ROI: 3.73%
2177 S Lakeshore Drive Ludington, MI Waterfront with hard to find Acreage! Beautiful Cape Cod on 3.14 private acres on Lake Mic...	3 beds \| N/A baths \| 1,538 sq.ft.	$850,000	Airbnb cash on cash: -0.76% Traditional cash on cash: 1.87% Airbnb Rental Income: $1519 Traditional Rental Income: $3166 Airbnb ROI: -0.76% Traditional ROI: 1.87%
1540 N Lakeshore Drive Ludington, MI Hamlin Township - This 3-bedroom, 2-bath home sits on 1.5 wooded acres just outside of tow...	3 beds \| 2 baths \| 1,754 sq.ft.	$325,000	Airbnb cash on cash: 1.64% Traditional cash on cash: 6.14% Airbnb Rental Income: $1519 Traditional Rental Income: $2454 Airbnb ROI: 1.64% Traditional ROI: 6.14%
105 W Danaher Street unit: 401 #401 Ludington, MI AMAZING VIEWS!!! This top floor, 2 Bed, 2.5 bath, two-story Condo at Harbor Terrace offers...	2 beds \| N/A baths \| 1,970 sq.ft.	$850,000	Airbnb cash on cash: -2.31% Traditional cash on cash: 0% Airbnb Rental Income: $1211 Traditional Rental Income: $2650 Airbnb ROI: -2.31% Traditional ROI: 0%
224 Lakeside Drive Ludington, MI Pere Pointe condominiums - a lovely development on the shores of Pere Marquette Lake with ...	2 beds \| 2 baths \| 1,294 sq.ft.	$344,900	Airbnb cash on cash: -1.58% Traditional cash on cash: 3.12% Airbnb Rental Income: $1211 Traditional Rental Income: $2345 Airbnb ROI: -1.58% Traditional ROI: 3.12%
806 Loomis Street Ludington, MI Located in a quiet neighborhood this 1533 sq ft,3 bedroom 2 bath historic home has plenty ...	3 beds \| 2 baths \| 1,533 sq.ft.	$232,000	Airbnb cash on cash: 2.58% Traditional cash on cash: 7.39% Airbnb Rental Income: $1519 Traditional Rental Income: $2133 Airbnb ROI: 2.58% Traditional ROI: 7.39%
319 N Rowe Street Ludington, MI Where memories are made and Michigan shines its brightest-welcome to 319 N Rowe in Ludingt...	4 beds \| 3 baths \| 1,764 sq.ft.	$369,900	Airbnb cash on cash: 0.28% Traditional cash on cash: 4.78% Airbnb Rental Income: $1110 Traditional Rental Income: $2297 Airbnb ROI: 0.28% Traditional ROI: 4.78%
6035 W Trails End Road Ludington, MI Pleasant 3 bedroom, 3 1/2 bath home in a great location moments from downtown Ludington. W...	3 beds \| N/A baths \| 3,740 sq.ft.	$449,000	Airbnb cash on cash: 0.73% Traditional cash on cash: 5.24% Airbnb Rental Income: $1519 Traditional Rental Income: $2973 Airbnb ROI: 0.73% Traditional ROI: 5.24%
6679 W Timber Lane Ludington, MI TIMBER LANE!!! This beautiful 3 Bed, 2.5 Bath home is in a picturesque subdivision on a ni...	3 beds \| N/A baths \| 3,172 sq.ft.	$649,500	Airbnb cash on cash: 0.08% Traditional cash on cash: 3.42% Airbnb Rental Income: $1519 Traditional Rental Income: $3103 Airbnb ROI: 0.08% Traditional ROI: 3.42%
1009 N Ferry Street Ludington, MI This is a rare opportunity for a fully renovated home on a spacious 84' x 144' buildable c...	1 beds \| N/A baths \| 730 sq.ft.	$289,000	Airbnb cash on cash: 4.25% Traditional cash on cash: 1.9% Airbnb Rental Income: $2331 Traditional Rental Income: $1114 Airbnb ROI: 4.25% Traditional ROI: 1.9%
5092 North Victory Corner Road Ludington, MI Generous Acreage: Enjoy the freedom and privacy of a full 30 acres. Imagine the possibilit...	1 beds \| 1 baths \| 1,300 sq.ft.	$239,000	Airbnb cash on cash: 6.16% Traditional cash on cash: 4.25% Airbnb Rental Income: $2331 Traditional Rental Income: $1321 Airbnb ROI: 6.16% Traditional ROI: 4.25%
5410 Oak Ridge Road Ludington, MI Whether you are a fan of contemporary styling or not, this home will be sure to delight an...	3 beds \| 3 baths \| 2,816 sq.ft.	$589,000	Airbnb cash on cash: -1.25% Traditional cash on cash: 2.43% Airbnb Rental Income: $1519 Traditional Rental Income: $3102 Airbnb ROI: -1.25% Traditional ROI: 2.43%
115 N Emily Ludington, MI City of Ludington-Discover this charming three-story brick home nestled on a corner lot in...	4 beds \| 3 baths \| 2,520 sq.ft.	$299,000	Airbnb cash on cash: 0.63% Traditional cash on cash: 7.88% Airbnb Rental Income: $1110 Traditional Rental Income: $2779 Airbnb ROI: 0.63% Traditional ROI: 7.88%
919 Lawndale Street Ludington, MI This charming 3-bedroom, 2-bath home is located in a desirable neighborhood near the hospi...	3 beds \| N/A baths \| N/A	$260,000	Airbnb cash on cash: 1.94% Traditional cash on cash: 3.63% Airbnb Rental Income: $1519 Traditional Rental Income: $1492 Airbnb ROI: 1.94% Traditional ROI: 3.63%
302 First Street Ludington, MI BRING YOUR IMAGINATION!!! This vintage 1660 sqft, 4 bed, 1 bath, two-story home has loads ...	4 beds \| 1 baths \| 1,660 sq.ft.	$170,000	Airbnb cash on cash: 1.7% Traditional cash on cash: 8.3% Airbnb Rental Income: $1110 Traditional Rental Income: $1806 Airbnb ROI: 1.7% Traditional ROI: 8.3%
6253 Loggers Lane Ludington, MI One of a kind HAMLIN LAKE property! Owners have owned this peninsula on Hamlin lake with O...	3 beds \| N/A baths \| 1,365 sq.ft.	$1,290,000	Airbnb cash on cash: -0.51% Traditional cash on cash: 0.48% Airbnb Rental Income: $1519 Traditional Rental Income: $2265 Airbnb ROI: -0.51% Traditional ROI: 0.48%
202 N Staffon Street Ludington, MI PRICE ADJUSTMENT- Motivated Seller Step inside this Wonderful NORTHSIDE City of LUDINGTON ...	4 beds \| N/A baths \| 1,417 sq.ft.	$227,500	Airbnb cash on cash: 1.1% Traditional cash on cash: 8.06% Airbnb Rental Income: $1110 Traditional Rental Income: $2234 Airbnb ROI: 1.1% Traditional ROI: 8.06%
204 4th Street Ludington, MI Ready to move in 2 bedroom property in City of Ludington! Front door access has large mudr...	2 beds \| 1 baths \| 1,116 sq.ft.	$224,000	Airbnb cash on cash: 1.78% Traditional cash on cash: 5.14% Airbnb Rental Income: $1211 Traditional Rental Income: $1533 Airbnb ROI: 1.78% Traditional ROI: 5.14%
3595 W Fisher Road Ludington, MI Amazing property potential for the right buyer! Priced lower than its appraised value, thi...	4 beds \| 3 baths \| 4,090 sq.ft.	$480,000	Airbnb cash on cash: -0.81% Traditional cash on cash: 10.28% Airbnb Rental Income: $1110 Traditional Rental Income: $5712 Airbnb ROI: -0.81% Traditional ROI: 10.28%
4569 S Lakeshore Drive Ludington, MI Lake Michigan Waterfront Home with Breathtaking Views! Enjoy stunning views of Lake Michig...	3 beds \| 2 baths \| 2,688 sq.ft.	$840,000	Airbnb cash on cash: -0.69% Traditional cash on cash: 1.58% Airbnb Rental Income: $1519 Traditional Rental Income: $2852 Airbnb ROI: -0.69% Traditional ROI: 1.58%
5920 Iris Road Ludington, MI NEW PRICE!!! MUST SEE THIS GORGEOUS 5 bed, 4 bath ranch on a private drive, 2 miles from p...	5 beds \| N/A baths \| 2,932 sq.ft.	$599,000	Airbnb cash on cash: 1.25% Traditional cash on cash: 4.54% Airbnb Rental Income: $2202 Traditional Rental Income: $3486 Airbnb ROI: 1.25% Traditional ROI: 4.54%
4629 S Benedict Road Ludington, MI Your Dream Country Estate Awaits Discover the ultimate blend of comfort, craftsmanship, a...	4 beds \| 3 baths \| 3,119 sq.ft.	$750,000	Airbnb cash on cash: -0.3% Traditional cash on cash: 3.18% Airbnb Rental Income: $1110 Traditional Rental Income: $3163 Airbnb ROI: -0.3% Traditional ROI: 3.18%
6308 N Jebavy Drive Ludington, MI Welcome home to stunning architecture built on a hillside on a wooded lot with 100' of Ham...	3 beds \| 3 baths \| 3,380 sq.ft.	$1,300,000	Airbnb cash on cash: -0.78% Traditional cash on cash: 2.04% Airbnb Rental Income: $1519 Traditional Rental Income: $4494 Airbnb ROI: -0.78% Traditional ROI: 2.04%
5449 Golfside Drive Ludington, MI Looking for space? You've found it! This spacious and modern home offers 5 bedrooms, 3.5 b...	5 beds \| N/A baths \| 1,936 sq.ft.	$515,000	Airbnb cash on cash: 1.47% Traditional cash on cash: 4.33% Airbnb Rental Income: $2202 Traditional Rental Income: $3024 Airbnb ROI: 1.47% Traditional ROI: 4.33%
2712 Piney Ridge Road Ludington, MI Discover a rare opportunity to own two fully furnished seasonal cottages nestled within a ...	4 beds \| 2 baths \| 1,600 sq.ft.	$399,000	Airbnb cash on cash: -0.54% Traditional cash on cash: 4.07% Airbnb Rental Income: $1110 Traditional Rental Income: $2461 Airbnb ROI: -0.54% Traditional ROI: 4.07%

Real Estate investment in Ludington, MI

There are 72 properties for sale in the city of Ludington . The median list price in Ludington is $377,000 and the average price per square foot is $193. In October 2025, the average monthly cash on cash return in Ludington is 4.00%. The average monthly rental income in Ludington is $2,293.

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

There are 72 investment properties available for sale in Ludington.

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

The ROI for Long-Term is higher than the Short-Term in Ludington with average rental income of $2,293.

Your search for investment property begins and ends here

Investment Property for Sale in Ludington, MI

105 W Danaher Street unit: 201 #201

Ludington, MI

3 beds | 3 baths | 1,940 sq.ft.

$779,000

Airbnb cash on cash: -0.66%

Traditional cash on cash: 1.88%

Airbnb Rental Income: $1519

Traditional Rental Income: $2917

Airbnb ROI: -0.66%

Traditional ROI: 1.88%

4771 S Lakeshore Drive

Ludington, MI

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

$545,000

Airbnb cash on cash: 0.8%

Traditional cash on cash: 3.38%

Airbnb Rental Income: $2202

Traditional Rental Income: $2962

Airbnb ROI: 0.8%

Traditional ROI: 3.38%

6218 N Loggers Lane

Ludington, MI

3 beds | 3 baths | 1,797 sq.ft.

$1,499,000

Airbnb cash on cash: -1.05%

Traditional cash on cash: 0.35%

Airbnb Rental Income: $1519

Traditional Rental Income: $3023

Airbnb ROI: -1.05%

Traditional ROI: 0.35%

6451 W Virnetta Drive

Ludington, MI

3 beds | 3 baths | 3,784 sq.ft.

$455,000

Airbnb cash on cash: 0.44%

Traditional cash on cash: 4.05%

Airbnb Rental Income: $1519

Traditional Rental Income: $2614

Airbnb ROI: 0.44%

Traditional ROI: 4.05%

805 W Loomis Street

Ludington, MI

3 beds | N/A baths | 1,985 sq.ft.

$835,000

Airbnb cash on cash: -0.84%

Traditional cash on cash: 1.67%

Airbnb Rental Income: $1519

Traditional Rental Income: $3027

Airbnb ROI: -0.84%

Traditional ROI: 1.67%

3691 N Jebavy Drive

Ludington, MI

2 beds | 1 baths | 1,700 sq.ft.

$249,000

Airbnb cash on cash: -0.32%

Traditional cash on cash: 3.29%

Airbnb Rental Income: $1211

Traditional Rental Income: $1669

Airbnb ROI: -0.32%

Traditional ROI: 3.29%

3776 N Jebavy Drive

Ludington, MI

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

$149,900

Airbnb cash on cash: 3.01%

Traditional cash on cash: 9.47%

Airbnb Rental Income: $1211

Traditional Rental Income: $1748

Airbnb ROI: 3.01%

Traditional ROI: 9.47%

709 E Loomis Street

Ludington, MI

5 beds | 2 baths | 1,968 sq.ft.

$229,000

Airbnb cash on cash: 4.07%

Traditional cash on cash: 8.59%

Airbnb Rental Income: $2202

Traditional Rental Income: $2625

Airbnb ROI: 4.07%