Real Estate Investment Properties for Sale in Luther, MI

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

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.

Single Family Homes for Sale in Luther, MI

Search for Single Family Residential for Sale in Luther, Michigan. Browse all of Mashvisor’s Single Family Residential listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 17 Single Family Residential listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
3445 N Kilgore Rd Luther, MI Here is you chance to ''get away from it all' at your private, secluded cabin situated on ...	2 beds \| 1 baths \| 768 sq.ft.	$165,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.31% Airbnb Rental Income: $null Traditional Rental Income: $1328 Airbnb ROI: N/A Traditional ROI: 6.31%
201 Birch St Luther, MI 4 BEDROOM HOME WITH A 2 CAR GARAGE ON A LARGE CORNER LOT - COME CHECK IT OUT!	4 beds \| 1 baths \| 1,400 sq.ft.	$133,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.59% Airbnb Rental Income: $null Traditional Rental Income: $1244 Airbnb ROI: N/A Traditional ROI: 6.59%
10978 E 8 Mile Rd Luther, MI Own a Piece of History--The 1887 Bristol Township Hall \| 3,100 SF \| $99,000 A rare chance ...	1 beds \| N/A baths \| 3,100 sq.ft.	$79,000	Airbnb cash on cash: -4.25% Traditional cash on cash: 5.74% Airbnb Rental Income: $237 Traditional Rental Income: $786 Airbnb ROI: -4.25% Traditional ROI: 5.74%
603 River St Luther, MI This charming 3 bedroom, 1.5 bathroom home offers comfort, space, and small town charm all...	3 beds \| 1 baths \| 1,511 sq.ft.	$219,000	Airbnb cash on cash: 2.06% Traditional cash on cash: 10.01% Airbnb Rental Income: $1282 Traditional Rental Income: $2530 Airbnb ROI: 2.06% Traditional ROI: 10.01%
9236 E Old M 63 Luther, MI Welcome to the real world in the middle of everywhere. Enjoy the rural living while being ...	3 beds \| 3 baths \| 3,100 sq.ft.	$552,500	Airbnb cash on cash: -0.68% Traditional cash on cash: 3.28% Airbnb Rental Income: $1282 Traditional Rental Income: $2926 Airbnb ROI: -0.68% Traditional ROI: 3.28%
408 Garfield St Luther, MI This home has been so well cared for and is an incredible value! Warm, cozy, and full of c...	2 beds \| 3 baths \| 1,820 sq.ft.	$199,900	Airbnb cash on cash: N/A Traditional cash on cash: 10.74% Airbnb Rental Income: $null Traditional Rental Income: $2566 Airbnb ROI: N/A Traditional ROI: 10.74%
7 W 4 Mile Rd Luther, MI A Rare Little Manistee River Retreat This property offers an extraordinary lifestyle that ...	5 beds \| 2 baths \| 2,339 sq.ft.	$509,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.57% Airbnb Rental Income: $null Traditional Rental Income: $2973 Airbnb ROI: N/A Traditional ROI: 4.57%
3943 N Skookum Rd Luther, MI Unique 670-acre private campus property in Northern Michigan offering a rare opportunity f...	26 beds \| 19 baths \| 18,355 sq.ft.	$5,900,000	Airbnb cash on cash: N/A Traditional cash on cash: -2.21% Airbnb Rental Income: $null Traditional Rental Income: $1894 Airbnb ROI: N/A Traditional ROI: -2.21%
9239 E 8 Mile Rd Luther, MI Turnkey Hospitality Business on 50 Wooded acres. A rare opportunity to own an established,...	2 beds \| 1 baths \| 1,195 sq.ft.	$899,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.34% Airbnb Rental Income: $null Traditional Rental Income: $1853 Airbnb ROI: N/A Traditional ROI: 0.34%
4395 N Raymond Rd Luther, MI Tucked back from a paved road on 14.35 acres, this property is the kind of Northern Michig...	3 beds \| 2 baths \| 1,949 sq.ft.	$410,000	Airbnb cash on cash: 0.07% Traditional cash on cash: 4.86% Airbnb Rental Income: $1282 Traditional Rental Income: $2719 Airbnb ROI: 0.07% Traditional ROI: 4.86%
10976 E 3 Mile Rd Luther, MI Welcome home to this beautiful single-level retreat set on 25 mostly wooded acres, offerin...	3 beds \| 1 baths \| 1,320 sq.ft.	$299,000	Airbnb cash on cash: 1.02% Traditional cash on cash: 4.44% Airbnb Rental Income: $1282 Traditional Rental Income: $1841 Airbnb ROI: 1.02% Traditional ROI: 4.44%
201 State St Luther, MI Discover the Northern Michigan lifestyle that continues to attract outdoor enthusiasts, en...	2 beds \| 1 baths \| 2,590 sq.ft.	$246,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.98% Airbnb Rental Income: $null Traditional Rental Income: $2277 Airbnb ROI: N/A Traditional ROI: 7.98%
382 W Morgan Dr Luther, MI Secluded northern retreat, on the Little Manistee River, with over 700 ' frontage. Main le...	2 beds \| 1 baths \| 1,019 sq.ft.	$265,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.69% Airbnb Rental Income: $null Traditional Rental Income: $1741 Airbnb ROI: N/A Traditional ROI: 4.69%
8851 E 8 Mile Rd Luther, MI Discover the perfect year-round getaway fully updated in 2023. 5-bedroom, 2-bath cabin on ...	5 beds \| 2 baths \| 2,224 sq.ft.	$400,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.84% Airbnb Rental Income: $null Traditional Rental Income: $2722 Airbnb ROI: N/A Traditional ROI: 4.84%
5268 N Alpine Dr Luther, MI 5268 N Alpine Dr, Luther, MI 49656 \| Single Family Residential	1 beds \| 1 baths \| 448 sq.ft.	$149,900	Airbnb cash on cash: -3.1% Traditional cash on cash: 5.73% Airbnb Rental Income: $237 Traditional Rental Income: $1274 Airbnb ROI: -3.1% Traditional ROI: 5.73%
141 W 4 Mile Road Luther, MI Escape to the tranquility of the Little Manistee River with this charming waterfront retre...	1 beds \| 1 baths \| 500 sq.ft.	$159,900	Airbnb cash on cash: -2.36% Traditional cash on cash: 6.19% Airbnb Rental Income: $237 Traditional Rental Income: $1314 Airbnb ROI: -2.36% Traditional ROI: 6.19%
815 E State St Luther, MI Nice location in East Tawas! This home has been totally remodeled, down to the studs. It's...	3 beds \| 1 baths \| 1,253 sq.ft.	$214,000	Airbnb cash on cash: 1.65% Traditional cash on cash: 6.46% Airbnb Rental Income: $1282 Traditional Rental Income: $1854 Airbnb ROI: 1.65% Traditional ROI: 6.46%

Your search for investment property begins and ends here

Single Family Homes for Sale in Luther, MI

3445 N Kilgore Rd

Luther, MI

2 beds | 1 baths | 768 sq.ft.

$165,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.31%

Airbnb Rental Income: $null

Traditional Rental Income: $1328

Airbnb ROI: N/A

Traditional ROI: 6.31%

201 Birch St

Luther, MI

4 beds | 1 baths | 1,400 sq.ft.

$133,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.59%

Airbnb Rental Income: $null

Traditional Rental Income: $1244

Airbnb ROI: N/A

Traditional ROI: 6.59%

10978 E 8 Mile Rd

Luther, MI

1 beds | N/A baths | 3,100 sq.ft.

$79,000

Airbnb cash on cash: -4.25%

Traditional cash on cash: 5.74%

Airbnb Rental Income: $237

Traditional Rental Income: $786

Airbnb ROI: -4.25%

Traditional ROI: 5.74%

603 River St

Luther, MI

3 beds | 1 baths | 1,511 sq.ft.

$219,000

Airbnb cash on cash: 2.06%

Traditional cash on cash: 10.01%

Airbnb Rental Income: $1282

Traditional Rental Income: $2530

Airbnb ROI: 2.06%

Traditional ROI: 10.01%

9236 E Old M 63

Luther, MI

3 beds | 3 baths | 3,100 sq.ft.

$552,500

Airbnb cash on cash: -0.68%

Traditional cash on cash: 3.28%

Airbnb Rental Income: $1282

Traditional Rental Income: $2926

Airbnb ROI: -0.68%

Traditional ROI: 3.28%

408 Garfield St

Luther, MI

2 beds | 3 baths | 1,820 sq.ft.

$199,900

Airbnb cash on cash: N/A

Traditional cash on cash: 10.74%

Airbnb Rental Income: $null

Traditional Rental Income: $2566

Airbnb ROI: N/A

Traditional ROI: 10.74%

7 W 4 Mile Rd

Luther, MI

5 beds | 2 baths | 2,339 sq.ft.

$509,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.57%

Airbnb Rental Income: $null

Traditional Rental Income: $2973

Airbnb ROI: N/A

Traditional ROI: 4.57%

3943 N Skookum Rd

Luther, MI

26 beds | 19 baths | 18,355 sq.ft.

$5,900,000

Airbnb cash on cash: N/A

Traditional cash on cash: -2.21%

Airbnb Rental Income: $null

Traditional Rental Income: $1894

Airbnb ROI: N/A