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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
105 W Danaher Street #201 Ludington, MI Harbor Terrace Condominium - Enjoy a WEST facing view that offers captivating waterfront v...	3 beds \| 3 baths \| 1,940 sq.ft.	$789,000	Airbnb cash on cash: -0.5% Traditional cash on cash: 1.84% Airbnb Rental Income: $1666 Traditional Rental Income: $2917 Airbnb ROI: -0.5% Traditional ROI: 1.84%
254 Lakeside Drive Ludington, MI Enjoy stunning Pere Marquette and Lake Michigan views from this 2-bedroom, 2-bath condo fe...	2 beds \| 2 baths \| 1,376 sq.ft.	$384,900	Airbnb cash on cash: -1.4% Traditional cash on cash: 2.49% Airbnb Rental Income: $1303 Traditional Rental Income: $2303 Airbnb ROI: -1.4% Traditional ROI: 2.49%
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: N/A Traditional cash on cash: 3.38% Airbnb Rental Income: $null Traditional Rental Income: $2962 Airbnb ROI: N/A Traditional ROI: 3.38%
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 \| 3 baths \| 1,985 sq.ft.	$835,000	Airbnb cash on cash: -0.68% Traditional cash on cash: 1.67% Airbnb Rental Income: $1666 Traditional Rental Income: $3027 Airbnb ROI: -0.68% Traditional ROI: 1.67%
3691 N Jebavy Drive Ludington, MI Near Hamlin Lake and Lake Michigan! Recent upgrades to bedrooms and bathroom. The bedroom...	2 beds \| 1 baths \| 1,700 sq.ft.	$325,000	Airbnb cash on cash: -0.22% Traditional cash on cash: 2.3% Airbnb Rental Income: $1303 Traditional Rental Income: $1669 Airbnb ROI: -0.22% Traditional ROI: 2.3%
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: 3.54% Traditional cash on cash: 9.47% Airbnb Rental Income: $1303 Traditional Rental Income: $1748 Airbnb ROI: 3.54% Traditional ROI: 9.47%
5756 W Brookwood Place Ludington, MI CALĒS COVE!!! - This nicely maintained & updated Condo unit features an open floor pl...	3 beds \| 3 baths \| 1,120 sq.ft.	$365,000	Airbnb cash on cash: 0.76% Traditional cash on cash: 3.62% Airbnb Rental Income: $1666 Traditional Rental Income: $2178 Airbnb ROI: 0.76% Traditional ROI: 3.62%
709 E Loomis Street Ludington, MI Charming 5-bedroom, 2-bath home just a short walk to downtown Ludington and Lake Michigan'...	5 beds \| 2 baths \| 1,968 sq.ft.	$234,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.35% Airbnb Rental Income: $null Traditional Rental Income: $2625 Airbnb ROI: N/A Traditional ROI: 8.35%
6788 Middleton Road Ludington, MI A UNIQUE OPPORTUNITY TO LIVE NEAR HAMLIN LAKE! This immaculate home has virtually everyth...	2 beds \| 1 baths \| 576 sq.ft.	$250,000	Airbnb cash on cash: 1.82% Traditional cash on cash: 2.92% Airbnb Rental Income: $1303 Traditional Rental Income: $1157 Airbnb ROI: 1.82% Traditional ROI: 2.92%
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: 0.13% Traditional cash on cash: 4.71% Airbnb Rental Income: $1575 Traditional Rental Income: $3510 Airbnb ROI: 0.13% Traditional ROI: 4.71%
103 S Staffon Street Ludington, MI GREAT LITTLE HOUSE IN THE HEART OF LUDINGTON!!! - This well maintained 2 Bed, 1 Bath home ...	2 beds \| 1 baths \| 908 sq.ft.	$194,900	Airbnb cash on cash: 2.06% Traditional cash on cash: 4.48% Airbnb Rental Income: $1303 Traditional Rental Income: $1345 Airbnb ROI: 2.06% Traditional ROI: 4.48%
510 5th Street Ludington, MI Convenient access to all Ludington has to offer. This 4 bedroom home offers a spacious, op...	4 beds \| 2 baths \| 2,394 sq.ft.	$259,900	Airbnb cash on cash: 1.84% Traditional cash on cash: 7.9% Airbnb Rental Income: $1575 Traditional Rental Income: $2609 Airbnb ROI: 1.84% Traditional ROI: 7.9%
620 N Lakeshore Dr Ludington, MI Ludington Living - Renovated & Ready, Just steps from Stearns Park Beach Location, upda...	3 beds \| 2 baths \| 1,573 sq.ft.	$419,000	Airbnb cash on cash: 0.47% Traditional cash on cash: 3% Airbnb Rental Income: $1666 Traditional Rental Income: $2193 Airbnb ROI: 0.47% Traditional ROI: 3%
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: 1.67% Traditional cash on cash: 6.5% Airbnb Rental Income: $1666 Traditional Rental Income: $2520 Airbnb ROI: 1.67% Traditional ROI: 6.5%
705 E Dowland Street Ludington, MI Adorable property in the City of Ludington: Ready to move in, this home features recent sy...	2 beds \| 1 baths \| 690 sq.ft.	$157,000	Airbnb cash on cash: 3.45% Traditional cash on cash: 7.09% Airbnb Rental Income: $1303 Traditional Rental Income: $1443 Airbnb ROI: 3.45% Traditional ROI: 7.09%
703 6th Street Ludington, MI 3 bedroom/1 bath ranch on a spacious triple lot. The current primary is being used as a mu...	3 beds \| 1 baths \| 2,140 sq.ft.	$222,500	Airbnb cash on cash: 2.46% Traditional cash on cash: 3.9% Airbnb Rental Income: $1666 Traditional Rental Income: $1502 Airbnb ROI: 2.46% Traditional ROI: 3.9%
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: 1.09% Traditional cash on cash: 4.2% Airbnb Rental Income: $1575 Traditional Rental Income: $2001 Airbnb ROI: 1.09% Traditional ROI: 4.2%
403 S Emily Street Ludington, MI Whether you are looking for your first home or a vacation home, you've found it. Only bloc...	3 beds \| 2 baths \| 1,382 sq.ft.	$179,900	Airbnb cash on cash: 4.3% Traditional cash on cash: 6.76% Airbnb Rental Income: $1666 Traditional Rental Income: $1620 Airbnb ROI: 4.3% Traditional ROI: 6.76%
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. ...	N/A beds \| N/A baths \| N/A	$399,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.21% Airbnb Rental Income: $null Traditional Rental Income: $2977 Airbnb ROI: N/A Traditional ROI: 5.21%
304 S Ferry Street #7 Ludington, MI AMAZING WATERFRONT VIEWS! Enjoy this cozy Ludington getaway overlooking the channel and e...	1 beds \| 1 baths \| 589 sq.ft.	$239,000	Airbnb cash on cash: 2.91% Traditional cash on cash: -0.59% Airbnb Rental Income: $2230 Traditional Rental Income: $879 Airbnb ROI: 2.91% Traditional ROI: -0.59%
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 \| 4 baths \| 2,315 sq.ft.	$339,900	Airbnb cash on cash: 0.46% Traditional cash on cash: 6.17% Airbnb Rental Income: $1575 Traditional Rental Income: $2948 Airbnb ROI: 0.46% Traditional ROI: 6.17%
1185 N Hillside Drive Ludington, MI Executive Home in Riverview Estates. Built in 2023, this home features an open main floor ...	3 beds \| 3 baths \| 2,400 sq.ft.	$715,000	Airbnb cash on cash: -1.27% Traditional cash on cash: 1.27% Airbnb Rental Income: $1666 Traditional Rental Income: $2897 Airbnb ROI: -1.27% Traditional ROI: 1.27%
906 Woodlawn Street Ludington, MI AMAZING NORTHSIDE LOCATION! Near schools, hospital and shopping. Freshly painted 3 bedroo...	3 beds \| 1 baths \| 1,430 sq.ft.	$258,000	Airbnb cash on cash: 2.54% Traditional cash on cash: 2.43% Airbnb Rental Income: $1666 Traditional Rental Income: $1172 Airbnb ROI: 2.54% Traditional ROI: 2.43%
706 W Loomis Street Ludington, MI Back on the market with repaired porch/soffits and rentals in already in place for Summer...	N/A beds \| N/A baths \| N/A	$438,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.65% Airbnb Rental Income: $null Traditional Rental Income: $1309 Airbnb ROI: N/A Traditional ROI: 0.65%
505 W Ludington Avenue Ludington, MI Enjoy LAKE LIFE at this SLEEK 2 bedroom, 2 bath COMPLETELY renovated home just 1 minute fr...	2 beds \| 2 baths \| 1,250 sq.ft.	$564,000	Airbnb cash on cash: -0.08% Traditional cash on cash: 1.45% Airbnb Rental Income: $1303 Traditional Rental Income: $1706 Airbnb ROI: -0.08% Traditional ROI: 1.45%
2177 S Lakeshore Drive Ludington, MI Waterfront with hard to find Acreage! Beautiful Cape Cod on 3.14 private acres on Lake Mi...	3 beds \| 3 baths \| 2,182 sq.ft.	$949,900	Airbnb cash on cash: -0.65% Traditional cash on cash: 1.57% Airbnb Rental Income: $1666 Traditional Rental Income: $3166 Airbnb ROI: -0.65% Traditional ROI: 1.57%
105 W Danaher Street #401 Ludington, MI AMAZING VIEWS!!! This top floor, 2 Bed, 2.5 bath, two-story Condo at Harbor Terrace offers...	2 beds \| 3 baths \| 1,970 sq.ft.	$850,000	Airbnb cash on cash: -2.22% Traditional cash on cash: 0% Airbnb Rental Income: $1303 Traditional Rental Income: $2650 Airbnb ROI: -2.22% 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.	$349,900	Airbnb cash on cash: -1.34% Traditional cash on cash: 3.06% Airbnb Rental Income: $1303 Traditional Rental Income: $2345 Airbnb ROI: -1.34% Traditional ROI: 3.06%
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.	$239,900	Airbnb cash on cash: 3.01% Traditional cash on cash: 7.12% Airbnb Rental Income: $1666 Traditional Rental Income: $2133 Airbnb ROI: 3.01% Traditional ROI: 7.12%
319 N Rowe Street Ludington, MI Where memories are made and Michigan shines its brightest-welcome to 319 N Rowe in Ludingt...	4 beds \| 4 baths \| 1,764 sq.ft.	$384,900	Airbnb cash on cash: 1.31% Traditional cash on cash: 4.56% Airbnb Rental Income: $1575 Traditional Rental Income: $2297 Airbnb ROI: 1.31% Traditional ROI: 4.56%
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 \| 4 baths \| 3,740 sq.ft.	$475,000	Airbnb cash on cash: 0.91% Traditional cash on cash: 4.9% Airbnb Rental Income: $1666 Traditional Rental Income: $2973 Airbnb ROI: 0.91% Traditional ROI: 4.9%
7293 M-116 Ludington, MI Welcome to this spacious and inviting multi-level home, perfectly situated just minutes fr...	4 beds \| 2 baths \| 2,797 sq.ft.	$475,000	Airbnb cash on cash: 0.73% Traditional cash on cash: 4.23% Airbnb Rental Income: $1575 Traditional Rental Income: $2677 Airbnb ROI: 0.73% Traditional ROI: 4.23%
7298 W M-116 Ludington, MI Wonderful 4 bedroom, 4 bath home in a great area. Moments from the Ludington State Park an...	4 beds \| 4 baths \| 2,701 sq.ft.	$459,000	Airbnb cash on cash: 0.4% Traditional cash on cash: 5.71% Airbnb Rental Income: $1575 Traditional Rental Income: $3408 Airbnb ROI: 0.4% Traditional ROI: 5.71%
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 \| 3 baths \| 3,172 sq.ft.	$675,000	Airbnb cash on cash: 0.23% Traditional cash on cash: 3.26% Airbnb Rental Income: $1666 Traditional Rental Income: $3103 Airbnb ROI: 0.23% Traditional ROI: 3.26%
1009 N Ferry Street Ludington, MI City of Ludington - Discover the charm of this fully renovated 1-bedroom, 1-bathroom home ...	1 beds \| 1 baths \| 730 sq.ft.	$294,000	Airbnb cash on cash: 3.91% Traditional cash on cash: 1.9% Airbnb Rental Income: $2230 Traditional Rental Income: $1114 Airbnb ROI: 3.91% 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: 5.79% Traditional cash on cash: 4.25% Airbnb Rental Income: $2230 Traditional Rental Income: $1321 Airbnb ROI: 5.79% 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: -1.03% Traditional cash on cash: 2.43% Airbnb Rental Income: $1666 Traditional Rental Income: $3102 Airbnb ROI: -1.03% Traditional ROI: 2.43%
201 E Danaher Street Ludington, MI CITY OF LUDINGTON! FABULOUS RENTAL PROPERTY in downtown LUDINGTON! JUST 2 BLOCKS from the ...	N/A beds \| N/A baths \| N/A	$219,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.01% Airbnb Rental Income: $null Traditional Rental Income: $1507 Airbnb ROI: N/A Traditional ROI: 5.01%
7131 W No Name Road Ludington, MI Looking for your Ludington escape, look no further. Schedule your showing today.	4 beds \| 2 baths \| 1,120 sq.ft.	$179,900	Airbnb cash on cash: 3.75% Traditional cash on cash: 11% Airbnb Rental Income: $1575 Traditional Rental Income: $2365 Airbnb ROI: 3.75% Traditional ROI: 11%
805 E Filer St Ludington, MI City of Ludington - Welcome to this well-maintained 3-bedroom, 2-bath, 2 story home offeri...	3 beds \| 2 baths \| 2,500 sq.ft.	$265,000	Airbnb cash on cash: 2.41% Traditional cash on cash: 7.79% Airbnb Rental Income: $1666 Traditional Rental Income: $2545 Airbnb ROI: 2.41% Traditional ROI: 7.79%

Real Estate investment in Ludington, MI

There are 85 properties for sale in the city of Ludington . The median list price in Ludington is $374,950 and the average price per square foot is $203. In September 2025, the average monthly cash on cash return in Ludington is 4.00%. The average monthly rental income in Ludington is $2,233.

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

There are 85 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 $2,233.

Your search for investment property begins and ends here

Investment Property for Sale in Ludington, MI

105 W Danaher Street #201

Ludington, MI

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

$789,000

Airbnb cash on cash: -0.5%

Traditional cash on cash: 1.84%

Airbnb Rental Income: $1666

Traditional Rental Income: $2917

Airbnb ROI: -0.5%

Traditional ROI: 1.84%

254 Lakeside Drive

Ludington, MI

2 beds | 2 baths | 1,376 sq.ft.

$384,900

Airbnb cash on cash: -1.4%

Traditional cash on cash: 2.49%

Airbnb Rental Income: $1303

Traditional Rental Income: $2303

Airbnb ROI: -1.4%

Traditional ROI: 2.49%

4771 S Lakeshore Drive

Ludington, MI

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

$545,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.38%

Airbnb Rental Income: $null

Traditional Rental Income: $2962

Airbnb ROI: N/A

Traditional ROI: 3.38%

805 W Loomis Street

Ludington, MI

3 beds | 3 baths | 1,985 sq.ft.

$835,000

Airbnb cash on cash: -0.68%

Traditional cash on cash: 1.67%

Airbnb Rental Income: $1666

Traditional Rental Income: $3027

Airbnb ROI: -0.68%

Traditional ROI: 1.67%

3691 N Jebavy Drive

Ludington, MI

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

$325,000

Airbnb cash on cash: -0.22%

Traditional cash on cash: 2.3%

Airbnb Rental Income: $1303

Traditional Rental Income: $1669

Airbnb ROI: -0.22%

Traditional ROI: 2.3%

3776 N Jebavy Drive

Ludington, MI

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

$149,900

Airbnb cash on cash: 3.54%

Traditional cash on cash: 9.47%

Airbnb Rental Income: $1303

Traditional Rental Income: $1748

Airbnb ROI: 3.54%

Traditional ROI: 9.47%

5756 W Brookwood Place

Ludington, MI

3 beds | 3 baths | 1,120 sq.ft.

$365,000

Airbnb cash on cash: 0.76%

Traditional cash on cash: 3.62%

Airbnb Rental Income: $1666

Traditional Rental Income: $2178

Airbnb ROI: 0.76%

Traditional ROI: 3.62%

709 E Loomis Street

Ludington, MI

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

$234,900

Airbnb cash on cash: N/A

Traditional cash on cash: 8.35%

Airbnb Rental Income: $null

Traditional Rental Income: $2625

Airbnb ROI: N/A