Real Estate Investments for Sale in Luther, MI With High ROI

Are you looking for a vacation rental in Luther, MI? Look no further! We have a wide variety of vacation available for sale, including beachfront condos, mountain single-family homes, townhouses, vacation homes and everything in between.

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
8565 E Old M-63 Luther, MI Nestled within 30 acres of pristine natural beauty, this extraordinary 3-bedroom, 3.5-bath...	3 beds \| 4 baths \| 3,991 sq.ft.	$595,900	Airbnb cash on cash: 2.73% Traditional cash on cash: 3.85% Airbnb Rental Income: $3258 Traditional Rental Income: $3149 Airbnb ROI: 2.73% Traditional ROI: 3.85%
5282 N May Road Luther, MI Northern get away. Its all about location and this one has it. Near to State Lands for ORV...	1 beds \| N/A baths \| 720 sq.ft.	$89,000	Airbnb cash on cash: 7.58% Traditional cash on cash: 9.2% Airbnb Rental Income: $1298 Traditional Rental Income: $1034 Airbnb ROI: 7.58% Traditional ROI: 9.2%
8565 E Old M 63 Luther, MI Discover unparalleled luxury on 30 acres in this exquisite 3-bed, 3.5-bath retreat. Meticu...	3 beds \| 4 baths \| 3,991 sq.ft.	$595,900	Airbnb cash on cash: 2.73% Traditional cash on cash: 3.83% Airbnb Rental Income: $3258 Traditional Rental Income: $3139 Airbnb ROI: 2.73% Traditional ROI: 3.83%
2880 N State Rd Luther, MI A truly rare find. 230 acres of stunning ground located just west of HWY 131 in Lake Count...	3 beds \| 2 baths \| 1,500 sq.ft.	$1,190,000	Airbnb cash on cash: 0.63% Traditional cash on cash: -0.08% Airbnb Rental Income: $3258 Traditional Rental Income: $1733 Airbnb ROI: 0.63% Traditional ROI: -0.08%
Investment Properties for Sale in Other Cities of Michigan
17183 GRIGGS Street Detroit , MI Looking for the perfect space for your family? This is it. This home has a large living ...	4 beds \| 1 baths \| 1,048 sq.ft.	$135,000	Airbnb cash on cash: 6.08% Traditional cash on cash: 6.98% Airbnb Rental Income: $1592 Traditional Rental Income: $1255 Airbnb ROI: 6.08% Traditional ROI: 6.98%
863 Barclay Circle Rochester Hills , MI This modern and well-maintained townhome-style condo offers an abundance of attractive fea...	3 beds \| 3 baths \| 1,783 sq.ft.	$409,900	Airbnb cash on cash: 2.31% Traditional cash on cash: 2.97% Airbnb Rental Income: $2974 Traditional Rental Income: $2543 Airbnb ROI: 2.31% Traditional ROI: 2.97%
555 Vinewood Avenue Birmingham , MI UPSCALE. REFINED. SOPHISTICATED. ENERGIZING. THIS EXQUISITE RESIDENCE OFFERS THE MOST EXCE...	5 beds \| 7 baths \| 9,328 sq.ft.	$4,300,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.25% Airbnb Rental Income: $null Traditional Rental Income: $7891 Airbnb ROI: N/A Traditional ROI: -0.25%
699 HANNA Street Birmingham , MI Located on perhaps one of Birmingham's most premiere streets, in the heart of downtown Bir...	3 beds \| 6 baths \| 4,590 sq.ft.	$2,999,000	Airbnb cash on cash: -0.99% Traditional cash on cash: -0.17% Airbnb Rental Income: $4314 Traditional Rental Income: $5696 Airbnb ROI: -0.99% Traditional ROI: -0.17%
111 WILLITS Street #307 Birmingham , MI Exquisitely Elegant Condo in Downtown Birmingham! Located in the coveted Willits Building,...	2 beds \| 3 baths \| 1,537 sq.ft.	$1,065,000	Airbnb cash on cash: -1.29% Traditional cash on cash: 0.7% Airbnb Rental Income: $2362 Traditional Rental Income: $3748 Airbnb ROI: -1.29% Traditional ROI: 0.7%
692 W Lincoln Street Birmingham , MI Just a short walk away from downtown Birmingham, 692 Lincoln is the one for you! The home ...	3 beds \| 3 baths \| 2,300 sq.ft.	$624,900	Airbnb cash on cash: 3.21% Traditional cash on cash: 3.95% Airbnb Rental Income: $4314 Traditional Rental Income: $3834 Airbnb ROI: 3.21% Traditional ROI: 3.95%
1895 KENWOOD Court Birmingham , MI Live like royalty at this beautiful executive home in sought-after Quarton Lake Estates! A...	4 beds \| 6 baths \| 5,128 sq.ft.	$1,999,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.67% Airbnb Rental Income: $null Traditional Rental Income: $7149 Airbnb ROI: N/A Traditional ROI: 0.67%
2600 Vinsetta Royal Oak , MI This stunning colonial is located in the prestigious Vinsetta neighborhood, sitting on nea...	5 beds \| 4 baths \| 3,444 sq.ft.	$1,250,000	Airbnb cash on cash: 0.6% Traditional cash on cash: 1.14% Airbnb Rental Income: $4701 Traditional Rental Income: $4357 Airbnb ROI: 0.6% Traditional ROI: 1.14%
434 W ALEXANDRINE Street #207 Detroit , MI This well appointed bi-level loft in the heart of Midtown is move-in-ready! Featuring two ...	2 beds \| 2 baths \| 1,320 sq.ft.	$340,000	Airbnb cash on cash: 2.85% Traditional cash on cash: 4.79% Airbnb Rental Income: $2390 Traditional Rental Income: $2420 Airbnb ROI: 2.85% Traditional ROI: 4.79%
15 E KIRBY Street #725 Detroit , MI Beautiful 2 Bedroom Condo in Historic Park Shelton Condominiums facing North with View of ...	2 beds \| 2 baths \| 1,130 sq.ft.	$282,900	Airbnb cash on cash: -0.31% Traditional cash on cash: 1.53% Airbnb Rental Income: $1841 Traditional Rental Income: $1835 Airbnb ROI: -0.31% Traditional ROI: 1.53%
295 Mulholland Avenue Ann Arbor , MI Exceptional condo just a few blocks away from downtown Ann Arbor and your favorite restaur...	3 beds \| 3 baths \| 1,526 sq.ft.	$737,500	Airbnb cash on cash: 1.22% Traditional cash on cash: 0.59% Airbnb Rental Income: $4007 Traditional Rental Income: $2719 Airbnb ROI: 1.22% Traditional ROI: 0.59%
2520 W Liberty Street Ann Arbor , MI Welcome to your dream home near the heart of Ann Arbor! This beautifully maintained 3-bedr...	3 beds \| 4 baths \| 1,895 sq.ft.	$444,900	Airbnb cash on cash: 3.25% Traditional cash on cash: 3.82% Airbnb Rental Income: $4007 Traditional Rental Income: $3388 Airbnb ROI: 3.25% Traditional ROI: 3.82%
1621 Saunders Crescent Ann Arbor , MI This charming home exudes warmth and comfort with its abundance of natural light streaming...	3 beds \| 2 baths \| 1,447 sq.ft.	$449,900	Airbnb cash on cash: 4.37% Traditional cash on cash: 2.79% Airbnb Rental Income: $4007 Traditional Rental Income: $2486 Airbnb ROI: 4.37% Traditional ROI: 2.79%
502 NEWMAN Charlevoix , MI This 4 bedroom, 3 bath home in downtown Charlevoix offers a convenient location close to L...	4 beds \| 3 baths \| 2,900 sq.ft.	$539,900	Airbnb cash on cash: 5.22% Traditional cash on cash: 2.3% Airbnb Rental Income: $5028 Traditional Rental Income: $2527 Airbnb ROI: 5.22% Traditional ROI: 2.3%
451 VINEWOOD Avenue Birmingham , MI Welcome to this extraordinary home in the heart of downtown Birmingham. A short walk to yo...	5 beds \| 5 baths \| 5,323 sq.ft.	$4,200,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.05% Airbnb Rental Income: $null Traditional Rental Income: $8177 Airbnb ROI: N/A Traditional ROI: -0.05%

Real Estate investment in Luther, MI

There are 4 properties for sale in the city of Luther . The median list price in Luther is $149,900 and the average price per square foot is $80. In April 2024, the average monthly cash on cash return in Luther is 7.00%. The average monthly rental income in Luther is $1,751.

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

There are 4 investment properties available for sale in Luther.

In 2024, the best neighborhood to buy investment property is Luther.

The ROI for Short-Term is higher than the Long-Term in Luther with average rental income of $3,258.

Your search for investment property begins and ends here

Investment Property for Sale in Luther, MI

8565 E Old M-63

Luther, MI

3 beds | 4 baths | 3,991 sq.ft.

$595,900

Airbnb cash on cash: 2.73%

Traditional cash on cash: 3.85%

Airbnb Rental Income: $3258

Traditional Rental Income: $3149

Airbnb ROI: 2.73%

Traditional ROI: 3.85%

5282 N May Road

Luther, MI

1 beds | N/A baths | 720 sq.ft.

$89,000

Airbnb cash on cash: 7.58%

Traditional cash on cash: 9.2%

Airbnb Rental Income: $1298

Traditional Rental Income: $1034

Airbnb ROI: 7.58%

Traditional ROI: 9.2%

8565 E Old M 63

Luther, MI

3 beds | 4 baths | 3,991 sq.ft.

$595,900

Airbnb cash on cash: 2.73%

Traditional cash on cash: 3.83%

Airbnb Rental Income: $3258

Traditional Rental Income: $3139

Airbnb ROI: 2.73%

Traditional ROI: 3.83%

2880 N State Rd

Luther, MI

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

$1,190,000

Airbnb cash on cash: 0.63%

Traditional cash on cash: -0.08%

Airbnb Rental Income: $3258

Traditional Rental Income: $1733

Airbnb ROI: 0.63%

Traditional ROI: -0.08%

Investment Properties for Sale in Other Cities of Michigan

Detroit , MI

4 beds | 1 baths | 1,048 sq.ft.

$135,000

Airbnb cash on cash: 6.08%

Traditional cash on cash: 6.98%

Airbnb Rental Income: $1592

Traditional Rental Income: $1255

Airbnb ROI: 6.08%

Traditional ROI: 6.98%

Rochester Hills , MI

3 beds | 3 baths | 1,783 sq.ft.

$409,900

Airbnb cash on cash: 2.31%

Traditional cash on cash: 2.97%

Airbnb Rental Income: $2974

Traditional Rental Income: $2543

Airbnb ROI: 2.31%

Traditional ROI: 2.97%

Birmingham , MI

5 beds | 7 baths | 9,328 sq.ft.

$4,300,000

Airbnb cash on cash: N/A

Traditional cash on cash: -0.25%

Airbnb Rental Income: $null

Traditional Rental Income: $7891

Airbnb ROI: N/A

Traditional ROI: -0.25%

Birmingham , MI

3 beds | 6 baths | 4,590 sq.ft.

$2,999,000

Airbnb cash on cash: -0.99%

Traditional cash on cash: -0.17%

Airbnb Rental Income: $4314

Traditional Rental Income: $5696

Airbnb ROI: -0.99%

Traditional ROI: -0.17%

Birmingham , MI

2 beds | 3 baths | 1,537 sq.ft.