Real Estate Investment Properties for Sale in Luna Pier, MI

Looking for investment property in Luna Pier, MI with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
378 N Sherman Street Luna Pier, MI New construction in River Ridge Village in Allegan school district, completed 2/2026 and i...	4 beds \| 3 baths \| 1,910 sq.ft.	$339,900	Airbnb cash on cash: 3.1% Traditional cash on cash: 7.02% Airbnb Rental Income: $1936 Traditional Rental Income: $2674 Airbnb ROI: 3.1% Traditional ROI: 7.02%
4587 N 5th St Luna Pier, MI This move-in ready 3-bedroom, 2-bath home offers comfort, style, and functionality in a fa...	3 beds \| 2 baths \| 1,940 sq.ft.	$289,900	Airbnb cash on cash: 1.33% Traditional cash on cash: 7.77% Airbnb Rental Income: $1426 Traditional Rental Income: $2819 Airbnb ROI: 1.33% Traditional ROI: 7.77%
Investment Properties for Sale in Other Cities of Michigan
1021 Clear Creek Drive Rochester Hills , MI EXCEPTIONALLY RARE OPPORTUNITY to SECURE the "Idea Show House" Model in Prestigious & High...	4 beds \| 5 baths \| 5,272 sq.ft.	$2,100,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.41% Airbnb Rental Income: $null Traditional Rental Income: $4965 Airbnb ROI: N/A Traditional ROI: 0.41%
1205 N Wilson Avenue Royal Oak , MI This charming three-bedroom, 1 1/2-bath bungalow in Royal Oak lives larger than expected w...	3 beds \| 2 baths \| 1,058 sq.ft.	$315,000	Airbnb cash on cash: 0.14% Traditional cash on cash: 3.08% Airbnb Rental Income: $1240 Traditional Rental Income: $1716 Airbnb ROI: 0.14% Traditional ROI: 3.08%
750 Hazelwood St Birmingham , MI 750 Hazelwood St, Birmingham, MI 48009 \| Single Family Residential	3 beds \| 3 baths \| 3,452 sq.ft.	$1,875,000	Airbnb cash on cash: -2.13% Traditional cash on cash: -0.85% Airbnb Rental Income: $1178 Traditional Rental Income: $3024 Airbnb ROI: -2.13% Traditional ROI: -0.85%
1661 Herrick Avenue NE Grand Rapids , MI Set on a quiet, tree lined street, this charming 3 bed, 1 bath ranch offers easy one level...	3 beds \| 1 baths \| 1,088 sq.ft.	$279,000	Airbnb cash on cash: 0.33% Traditional cash on cash: 3.44% Airbnb Rental Income: $1110 Traditional Rental Income: $1553 Airbnb ROI: 0.33% Traditional ROI: 3.44%
1217 El Camino Drive NW Grand Rapids , MI Exceptional residence offering a rare sense of privacy and a refined, collected aesthetic,...	4 beds \| 5 baths \| 4,689 sq.ft.	$719,900	Airbnb cash on cash: -0.31% Traditional cash on cash: 5.85% Airbnb Rental Income: $1642 Traditional Rental Income: $5313 Airbnb ROI: -0.31% Traditional ROI: 5.85%
484 Park Street Birmingham , MI This sophisticated, custom built home in Birmingham's ''Little San Francisco'' neighborhoo...	4 beds \| 5 baths \| 4,055 sq.ft.	$1,895,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.49% Airbnb Rental Income: $null Traditional Rental Income: $7363 Airbnb ROI: N/A Traditional ROI: 1.49%
1689 Morning Dew Drive SW Byron Center , MI You will LOVE this Farmhouse-style 2 story home nestled in the very sought-after Byron Cen...	4 beds \| 4 baths \| 2,650 sq.ft.	$455,000	Airbnb cash on cash: 1.77% Traditional cash on cash: 5.21% Airbnb Rental Income: $2336 Traditional Rental Income: $3223 Airbnb ROI: 1.77% Traditional ROI: 5.21%
4313 Berkshire Road Royal Oak , MI Cute, Cozy, Clean 3 bedroom 2 full bathroom ranch with attached garage and bonus Three sea...	3 beds \| 2 baths \| 1,200 sq.ft.	$359,000	Airbnb cash on cash: -0.79% Traditional cash on cash: 2.21% Airbnb Rental Income: $1240 Traditional Rental Income: $1855 Airbnb ROI: -0.79% Traditional ROI: 2.21%
117 N Dorchester Avenue Royal Oak , MI Immediate occupancy for this beautiful newer craftsman home with charming front porch. Bri...	4 beds \| 4 baths \| 2,380 sq.ft.	$699,900	Airbnb cash on cash: -1.03% Traditional cash on cash: 1.97% Airbnb Rental Income: $1568 Traditional Rental Income: $3073 Airbnb ROI: -1.03% Traditional ROI: 1.97%
819 Irving Avenue Royal Oak , MI A stunning 4-bedroom, 3.5-bath luxury home with walking distance to Downtown Royal Oak. Th...	4 beds \| 4 baths \| 3,705 sq.ft.	$923,000	Airbnb cash on cash: -0.98% Traditional cash on cash: 2.16% Airbnb Rental Income: $1568 Traditional Rental Income: $3809 Airbnb ROI: -0.98% Traditional ROI: 2.16%
432 S Washington Avenue #1804 Royal Oak , MI Downtown penthouse living reaches new heights from the 18th floor, where panoramic city vi...	2 beds \| 3 baths \| 2,277 sq.ft.	$899,000	Airbnb cash on cash: -3.68% Traditional cash on cash: -0.55% Airbnb Rental Income: $938 Traditional Rental Income: $3218 Airbnb ROI: -3.68% Traditional ROI: -0.55%
1300 E Lafayette St #1812 Detroit , MI 1300 E Lafayette St #1812, Detroit, MI 48207 \| Condo/Coop	2 beds \| 2 baths \| 1,210 sq.ft.	$269,000	Airbnb cash on cash: -5.15% Traditional cash on cash: -5.41% Airbnb Rental Income: $1904 Traditional Rental Income: $1332 Airbnb ROI: -5.15% Traditional ROI: -5.41%

Real Estate investment in Luna-pier, MI

There are 4 properties for sale in the city of Luna Pier . The median list price in Luna Pier is $319,900 and the average price per square foot is $130. In April 2026, the average monthly cash on cash return in Luna Pier is 8.00%. The average monthly rental income in Luna Pier is $2,747.

Luna-pier, MI Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 4 investment properties available for sale in Luna-pier.

In 2026, the best neighborhood to buy investment property is Luna Pier.

The ROI for Long-Term is higher than the Short-Term in Luna-pier with average rental income of $2,747.

Your search for investment property begins and ends here

Investment Property for Sale in Luna Pier, MI

378 N Sherman Street

Luna Pier, MI

4 beds | 3 baths | 1,910 sq.ft.

$339,900

Airbnb cash on cash: 3.1%

Traditional cash on cash: 7.02%

Airbnb Rental Income: $1936

Traditional Rental Income: $2674

Airbnb ROI: 3.1%

Traditional ROI: 7.02%

4587 N 5th St

Luna Pier, MI

3 beds | 2 baths | 1,940 sq.ft.

$289,900

Airbnb cash on cash: 1.33%

Traditional cash on cash: 7.77%

Airbnb Rental Income: $1426

Traditional Rental Income: $2819

Airbnb ROI: 1.33%

Traditional ROI: 7.77%

Investment Properties for Sale in Other Cities of Michigan

Rochester Hills , MI

4 beds | 5 baths | 5,272 sq.ft.

$2,100,000

Airbnb cash on cash: N/A

Traditional cash on cash: 0.41%

Airbnb Rental Income: $null

Traditional Rental Income: $4965

Airbnb ROI: N/A

Traditional ROI: 0.41%

Royal Oak , MI

3 beds | 2 baths | 1,058 sq.ft.

$315,000

Airbnb cash on cash: 0.14%

Traditional cash on cash: 3.08%

Airbnb Rental Income: $1240

Traditional Rental Income: $1716

Airbnb ROI: 0.14%

Traditional ROI: 3.08%

Birmingham , MI

3 beds | 3 baths | 3,452 sq.ft.

$1,875,000

Airbnb cash on cash: -2.13%

Traditional cash on cash: -0.85%

Airbnb Rental Income: $1178

Traditional Rental Income: $3024

Airbnb ROI: -2.13%

Traditional ROI: -0.85%

Grand Rapids , MI

3 beds | 1 baths | 1,088 sq.ft.

$279,000

Airbnb cash on cash: 0.33%

Traditional cash on cash: 3.44%

Airbnb Rental Income: $1110

Traditional Rental Income: $1553

Airbnb ROI: 0.33%

Traditional ROI: 3.44%

Grand Rapids , MI

4 beds | 5 baths | 4,689 sq.ft.

$719,900

Airbnb cash on cash: -0.31%

Traditional cash on cash: 5.85%

Airbnb Rental Income: $1642

Traditional Rental Income: $5313

Airbnb ROI: -0.31%

Traditional ROI: 5.85%

Birmingham , MI

4 beds | 5 baths | 4,055 sq.ft.

$1,895,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.49%

Airbnb Rental Income: $null

Traditional Rental Income: $7363

Airbnb ROI: N/A

Traditional ROI: 1.49%

Byron Center , MI

4 beds | 4 baths | 2,650 sq.ft.

$455,000

Airbnb cash on cash: 1.77%