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

Are you looking for a vacation rental in Mancelona, 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 Mancelona, MI. Invest wisely with VRBO & Mancelona, 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 Mancelona, MI

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
7569 & 7589 Cedar River Mancelona, MI Nestled in the serene countryside of Mancelona, MI, this inviting home at 7569 & 7589 Ceda...	3 beds \| 3 baths \| 2,800 sq.ft.	$309,000	Airbnb cash on cash: 2.75% Traditional cash on cash: 5.61% Airbnb Rental Income: $2177 Traditional Rental Income: $2458 Airbnb ROI: 2.75% Traditional ROI: 5.61%
6151 Pineview Mancelona, MI Spacious 2 Bed 1 Bath Chalet with huge loft area for extra sleeping space and an oversized...	2 beds \| 1 baths \| 863 sq.ft.	$225,000	Airbnb cash on cash: 5.51% Traditional cash on cash: 2.42% Airbnb Rental Income: $2244 Traditional Rental Income: $1023 Airbnb ROI: 5.51% Traditional ROI: 2.42%
6687 SCHUSS MOUNTAIN LANE Mancelona, MI Well known as a hotspot for winter sports and summer fun, this cozy condo located in Schus...	1 beds \| 1 baths \| 430 sq.ft.	$134,900	Airbnb cash on cash: 4.61% Traditional cash on cash: 3.93% Airbnb Rental Income: $1344 Traditional Rental Income: $843 Airbnb ROI: 4.61% Traditional ROI: 3.93%
5452 US-131 Mancelona, MI Spacious 3+ bedroom home with renovated bathroom & kitchen (2023). 5 '' well, metal roof, ...	3 beds \| 1 baths \| 1,692 sq.ft.	$259,900	Airbnb cash on cash: 4.93% Traditional cash on cash: 3.52% Airbnb Rental Income: $2177 Traditional Rental Income: $1280 Airbnb ROI: 4.93% Traditional ROI: 3.52%
7569 Cedar River Road Mancelona, MI Set on two spacious lots, this Mancelona Twp home combines form and function with a very a...	3 beds \| 3 baths \| 2,800 sq.ft.	$289,000	Airbnb cash on cash: 4% Traditional cash on cash: 6.71% Airbnb Rental Income: $2177 Traditional Rental Income: $2362 Airbnb ROI: 4% Traditional ROI: 6.71%
8829 Priest Mancelona, MI This Immaculate 3 bedroom 2 bath home has it all. Spacious interior and a full basement se...	3 beds \| 2 baths \| 2,470 sq.ft.	$409,000	Airbnb cash on cash: 1.47% Traditional cash on cash: 2.75% Airbnb Rental Income: $2177 Traditional Rental Income: $2117 Airbnb ROI: 1.47% Traditional ROI: 2.75%
10172 Carmichael Drive Mancelona, MI Welcome to All Sports Starvation Lake! Enjoy this charming cottage designed by John Carmic...	4 beds \| 2 baths \| 1,520 sq.ft.	$435,000	Airbnb cash on cash: 4.54% Traditional cash on cash: 1.84% Airbnb Rental Income: $3794 Traditional Rental Income: $1870 Airbnb ROI: 4.54% Traditional ROI: 1.84%
5452 S US-131 Mancelona, MI Spacious 3 + bedroom home with renovated bathroom & Kitchen (2023), 5" well, Metal roof, f...	3 beds \| 1 baths \| N/A	$259,900	Airbnb cash on cash: 3.72% Traditional cash on cash: 1.8% Airbnb Rental Income: $2177 Traditional Rental Income: $1152 Airbnb ROI: 3.72% Traditional ROI: 1.8%
4928 Star Chief Trail Mancelona, MI Tiny House living at it's finest on 5 acres!! Super cute, 1 bedroom, 1 bath home with addi...	1 beds \| 1 baths \| 300 sq.ft.	$120,000	Airbnb cash on cash: 4.74% Traditional cash on cash: 7.04% Airbnb Rental Income: $1344 Traditional Rental Income: $1198 Airbnb ROI: 4.74% Traditional ROI: 7.04%
6500 Schuss Mountain Lane #121 Mancelona, MI This recently updated and very tastefully done hotel condo at the base of the ski slopes a...	1 beds \| 1 baths \| 289 sq.ft.	$81,000	Airbnb cash on cash: 8.04% Traditional cash on cash: 5.95% Airbnb Rental Income: $1344 Traditional Rental Income: $765 Airbnb ROI: 8.04% Traditional ROI: 5.95%
2720 Valley Road Mancelona, MI This cozy home on almost one acre has a cabin feel to it and was built with a rustic moder...	2 beds \| 1 baths \| 683 sq.ft.	$145,999	Airbnb cash on cash: 8.85% Traditional cash on cash: 6.78% Airbnb Rental Income: $2244 Traditional Rental Income: $1391 Airbnb ROI: 8.85% Traditional ROI: 6.78%
6687 Schuss Mountain Lane #592 Mancelona, MI Well known as a hotspot for winter sports and summer fun, this cozy condo located in Schus...	1 beds \| 1 baths \| 430 sq.ft.	$134,900	Airbnb cash on cash: 4.61% Traditional cash on cash: 3.92% Airbnb Rental Income: $1344 Traditional Rental Income: $842 Airbnb ROI: 4.61% Traditional ROI: 3.92%
6520 Schuss Mountain Lane #3221 Mancelona, MI Unique and rarely offered, this top floor penthouse condo has peaceful and panoramic views...	2 beds \| 2 baths \| 1,200 sq.ft.	$289,900	Airbnb cash on cash: 3.97% Traditional cash on cash: 3.6% Airbnb Rental Income: $2244 Traditional Rental Income: $1580 Airbnb ROI: 3.97% Traditional ROI: 3.6%
2874 Rail Road Mancelona, MI Motivated seller. Unique 3-bed, 1-bath off-grid home on 7.5 acres! Solar-powered, well & s...	3 beds \| 1 baths \| 981 sq.ft.	$224,000	Airbnb cash on cash: 4.71% Traditional cash on cash: 2.53% Airbnb Rental Income: $2177 Traditional Rental Income: $1162 Airbnb ROI: 4.71% Traditional ROI: 2.53%
6601 SCHUSS MOUNTAIN LANE Mancelona, MI Shanty Creek Resort within the village of Schuss. This one bedroom, one bathroom condo in...	1 beds \| 1 baths \| 430 sq.ft.	$139,000	Airbnb cash on cash: 4.07% Traditional cash on cash: 7.8% Airbnb Rental Income: $1344 Traditional Rental Income: $1428 Airbnb ROI: 4.07% Traditional ROI: 7.8%
6687 Schuss Mountain Lane #589 Mancelona, MI Shanty Creek Resort - renovated condo with 3-zone, in-floor electric heat plus a Carrier s...	1 beds \| 1 baths \| 430 sq.ft.	$144,900	Airbnb cash on cash: 4.46% Traditional cash on cash: 4.27% Airbnb Rental Income: $1344 Traditional Rental Income: $905 Airbnb ROI: 4.46% Traditional ROI: 4.27%
6601 Schuss Mountain Lane #564 Mancelona, MI Shanty Creek Resort within the village of Schuss. This one bedroom, one bathroom condo in...	1 beds \| 1 baths \| 430 sq.ft.	$139,000	Airbnb cash on cash: 4.82% Traditional cash on cash: 4.18% Airbnb Rental Income: $1344 Traditional Rental Income: $845 Airbnb ROI: 4.82% Traditional ROI: 4.18%

Real Estate investment in Mancelona, MI

There are 17 properties for sale in the city of Mancelona . The median list price in Mancelona is $138,500 and the average price per square foot is $133. In April 2024, the average monthly cash on cash return in Mancelona is 5.00%. The average monthly rental income in Mancelona is $1,174.

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

There are 17 investment properties available for sale in Mancelona.

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

The ROI for Short-Term is higher than the Long-Term in Mancelona with average rental income of $2,177.

Your search for investment property begins and ends here

Investment Property for Sale in Mancelona, MI

7569 & 7589 Cedar River

Mancelona, MI

3 beds | 3 baths | 2,800 sq.ft.

$309,000

Airbnb cash on cash: 2.75%

Traditional cash on cash: 5.61%

Airbnb Rental Income: $2177

Traditional Rental Income: $2458

Airbnb ROI: 2.75%

Traditional ROI: 5.61%

6151 Pineview

Mancelona, MI

2 beds | 1 baths | 863 sq.ft.

$225,000

Airbnb cash on cash: 5.51%

Traditional cash on cash: 2.42%

Airbnb Rental Income: $2244

Traditional Rental Income: $1023

Airbnb ROI: 5.51%

Traditional ROI: 2.42%

6687 SCHUSS MOUNTAIN LANE

Mancelona, MI

1 beds | 1 baths | 430 sq.ft.

$134,900

Airbnb cash on cash: 4.61%

Traditional cash on cash: 3.93%

Airbnb Rental Income: $1344

Traditional Rental Income: $843

Airbnb ROI: 4.61%

Traditional ROI: 3.93%

5452 US-131

Mancelona, MI

3 beds | 1 baths | 1,692 sq.ft.

$259,900

Airbnb cash on cash: 4.93%

Traditional cash on cash: 3.52%

Airbnb Rental Income: $2177

Traditional Rental Income: $1280

Airbnb ROI: 4.93%

Traditional ROI: 3.52%

7569 Cedar River Road

Mancelona, MI

3 beds | 3 baths | 2,800 sq.ft.

$289,000

Airbnb cash on cash: 4%

Traditional cash on cash: 6.71%

Airbnb Rental Income: $2177

Traditional Rental Income: $2362

Airbnb ROI: 4%

Traditional ROI: 6.71%

8829 Priest

Mancelona, MI

3 beds | 2 baths | 2,470 sq.ft.

$409,000

Airbnb cash on cash: 1.47%

Traditional cash on cash: 2.75%

Airbnb Rental Income: $2177

Traditional Rental Income: $2117

Airbnb ROI: 1.47%

Traditional ROI: 2.75%

10172 Carmichael Drive

Mancelona, MI

4 beds | 2 baths | 1,520 sq.ft.

$435,000

Airbnb cash on cash: 4.54%

Traditional cash on cash: 1.84%

Airbnb Rental Income: $3794

Traditional Rental Income: $1870

Airbnb ROI: 4.54%

Traditional ROI: 1.84%

5452 S US-131

Mancelona, MI

3 beds | 1 baths | N/A

$259,900

Airbnb cash on cash: 3.72%

Traditional cash on cash: 1.8%

Airbnb Rental Income: $2177

Traditional Rental Income: $1152

Airbnb ROI: 3.72%