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
36 PLUM VALLEY ROAD Mancelona, MI Beautifully maintained and a perfect blend of comfort and convenience. Gorgeous 14x20 cove...	3 beds \| 2 baths \| 1,456 sq.ft.	$260,000	Airbnb cash on cash: 5.65% Traditional cash on cash: 7.43% Airbnb Rental Income: $2401 Traditional Rental Income: $2248 Airbnb ROI: 5.65% Traditional ROI: 7.43%
6811 NE BOULDER LANE Mancelona, MI Is it time to get out of town, in the woods and say on...5 acres? Bingo! This 3 bedroom,...	3 beds \| 3 baths \| 1,369 sq.ft.	$216,500	Airbnb cash on cash: 5.86% Traditional cash on cash: 6.47% Airbnb Rental Income: $2401 Traditional Rental Income: $1936 Airbnb ROI: 5.86% Traditional ROI: 6.47%
3590 Cedar River Rd Road Mancelona, MI Antrim County 80 ac retreat! Located just North of Mancelona,15 miles East of Bellaire & ...	2 beds \| 1 baths \| 1,300 sq.ft.	$400,000	Airbnb cash on cash: 0.69% Traditional cash on cash: 1.69% Airbnb Rental Income: $1786 Traditional Rental Income: $1674 Airbnb ROI: 0.69% Traditional ROI: 1.69%
9500 Wilamont Circle Mancelona, MI Experience Northern Michigan in this modern shipping container home, built in 2022 and loc...	3 beds \| 2 baths \| 960 sq.ft.	$600,000	Airbnb cash on cash: 1.19% Traditional cash on cash: 1.83% Airbnb Rental Income: $2401 Traditional Rental Income: $2171 Airbnb ROI: 1.19% Traditional ROI: 1.83%
1595 NE County Line Mancelona, MI Welcome to your perfect getaway in Mancelona, Michigan! This fully renovated home on ten p...	2 beds \| 1 baths \| 957 sq.ft.	$275,000	Airbnb cash on cash: 2.13% Traditional cash on cash: 3.13% Airbnb Rental Income: $1786 Traditional Rental Income: $1559 Airbnb ROI: 2.13% Traditional ROI: 3.13%
11373 NE Starvation Lake Mancelona, MI Welcome to your dream retreat nestled amidst the serene beauty of nature! This charming 2-...	2 beds \| 2 baths \| 1,350 sq.ft.	$344,900	Airbnb cash on cash: 1.2% Traditional cash on cash: 2.69% Airbnb Rental Income: $1786 Traditional Rental Income: $1782 Airbnb ROI: 1.2% Traditional ROI: 2.69%
469 NE Plum Valley Mancelona, MI HUD home being sold as-is. #263-634957. New Homes each day! Only HUD registered agents ...	3 beds \| 2 baths \| 1,512 sq.ft.	$235,000	Airbnb cash on cash: 5.21% Traditional cash on cash: 7.36% Airbnb Rental Income: $2401 Traditional Rental Income: $2288 Airbnb ROI: 5.21% Traditional ROI: 7.36%
4844 E Doerr Road Mancelona, MI Divine country living with modern amenities and close to everything northern Michigan has ...	3 beds \| 1 baths \| 1,568 sq.ft.	$379,000	Airbnb cash on cash: 3.26% Traditional cash on cash: 3.12% Airbnb Rental Income: $2401 Traditional Rental Income: $1764 Airbnb ROI: 3.26% Traditional ROI: 3.12%
10556 N Twin Lake Road, NE Mancelona, MI All Sport, 100 private feet of BigTwin Lake to call your own. This beautiful blue lake is...	4 beds \| 1 baths \| 1,020 sq.ft.	$600,000	Airbnb cash on cash: 4.55% Traditional cash on cash: 0.77% Airbnb Rental Income: $5098 Traditional Rental Income: $1941 Airbnb ROI: 4.55% Traditional ROI: 0.77%
3531 Twin Lake Road, NE Mancelona, MI Nestled in the northern reaches of Kalkaska County, this 9-acre mini farm is the epitome o...	3 beds \| 2 baths \| 1,736 sq.ft.	$285,000	Airbnb cash on cash: 5.05% Traditional cash on cash: 7.1% Airbnb Rental Income: $2401 Traditional Rental Income: $2362 Airbnb ROI: 5.05% Traditional ROI: 7.1%
10546 N Twin Lake Road, NE Mancelona, MI Water so beautiful, once you experience you won't want to leave this 100 feet on beautiful...	3 beds \| 3 baths \| 2,520 sq.ft.	$800,000	Airbnb cash on cash: 0.86% Traditional cash on cash: 3.2% Airbnb Rental Income: $2401 Traditional Rental Income: $3560 Airbnb ROI: 0.86% Traditional ROI: 3.2%
9584 Chandler Drive Mancelona, MI Welcome to your charming 3 bed, 1 Â½ bath home in the heart of beautiful Northern Michigan...	3 beds \| 2 baths \| 1,300 sq.ft.	$199,000	Airbnb cash on cash: 6.42% Traditional cash on cash: 7.93% Airbnb Rental Income: $2401 Traditional Rental Income: $2098 Airbnb ROI: 6.42% Traditional ROI: 7.93%
8475 Merrimon Court Mancelona, MI Nestled in an idyllic setting, this barndominium-style home boasts everything you could wi...	3 beds \| 1 baths \| 1,200 sq.ft.	$235,000	Airbnb cash on cash: 4.94% Traditional cash on cash: 3.78% Airbnb Rental Income: $2401 Traditional Rental Income: $1554 Airbnb ROI: 4.94% Traditional ROI: 3.78%
3956 Alden Highway Mancelona, MI Step back in time a bit and make this charming home your own. Located on a 1.5 acre corner...	3 beds \| 2 baths \| 988 sq.ft.	$198,000	Airbnb cash on cash: 7.53% Traditional cash on cash: 7.54% Airbnb Rental Income: $2401 Traditional Rental Income: $1812 Airbnb ROI: 7.53% Traditional ROI: 7.54%
8102 Fairway Hollow Drive Mancelona, MI Welcome to 8102 Fairway Hollow where you will find this affordable BOCA construction home....	3 beds \| 2 baths \| 1,104 sq.ft.	$198,000	Airbnb cash on cash: 7.41% Traditional cash on cash: 7.62% Airbnb Rental Income: $2401 Traditional Rental Income: $1851 Airbnb ROI: 7.41% Traditional ROI: 7.62%
7658 Willowbrook Circle Mancelona, MI This split design ranch offers privacy for either a weekend getaway or permanent residence...	3 beds \| 2 baths \| 1,280 sq.ft.	$239,000	Airbnb cash on cash: 5.63% Traditional cash on cash: 6.1% Airbnb Rental Income: $2401 Traditional Rental Income: $1919 Airbnb ROI: 5.63% Traditional ROI: 6.1%
6192 Wilderness Drive Mancelona, MI This stunning chalet overlooks Lake Harold Commons while boasting main level master suite,...	3 beds \| 2 baths \| 1,953 sq.ft.	$345,000	Airbnb cash on cash: 3.56% Traditional cash on cash: 5.59% Airbnb Rental Income: $2401 Traditional Rental Income: $2470 Airbnb ROI: 3.56% Traditional ROI: 5.59%
2029 Valley Road Mancelona, MI MOTIVATED SELLER now offering most furnishings/decor w/ strong offer. Make this charming M...	3 beds \| 1 baths \| 1,562 sq.ft.	$249,900	Airbnb cash on cash: 4.76% Traditional cash on cash: 5.17% Airbnb Rental Income: $2401 Traditional Rental Income: $1907 Airbnb ROI: 4.76% Traditional ROI: 5.17%
6095 Starvation Lake Road NE Road NE Mancelona, MI Look no further! Welcome to your private, turnkey, and practically new 1420+sf cedar log c...	2 beds \| 2 baths \| 1,440 sq.ft.	$399,999	Airbnb cash on cash: 1.29% Traditional cash on cash: 3% Airbnb Rental Income: $1786 Traditional Rental Income: $1944 Airbnb ROI: 1.29% Traditional ROI: 3%
6154 Satterly Lake Mancelona, MI This brand new barndominium on five acres blends rustic charm with modern elegance, featur...	1 beds \| 2 baths \| 3,540 sq.ft.	$400,000	Airbnb cash on cash: 1.78% Traditional cash on cash: 3.18% Airbnb Rental Income: $1617 Traditional Rental Income: $1684 Airbnb ROI: 1.78% Traditional ROI: 3.18%
7627 CRESTROSE DRIVE Mancelona, MI Come see this stunning chalet with three levels of living space. The sunroom was built in ...	3 beds \| 2 baths \| 2,206 sq.ft.	$309,000	Airbnb cash on cash: 3.88% Traditional cash on cash: 5.91% Airbnb Rental Income: $2401 Traditional Rental Income: $2403 Airbnb ROI: 3.88% Traditional ROI: 5.91%
7186 Pineview Drive Mancelona, MI ENJOY YOUR FOUR SEASONS RETREAT!!! The spacious main house boasts three bedrooms, providi...	3 beds \| 3 baths \| 2,690 sq.ft.	$329,000	Airbnb cash on cash: 3.6% Traditional cash on cash: 7.28% Airbnb Rental Income: $2401 Traditional Rental Income: $2952 Airbnb ROI: 3.6% Traditional ROI: 7.28%
158 3rd Avenue NE Mancelona, MI Escape to your own serene retreat in this charming cabin nestled on 5 acres of pure tranqu...	2 beds \| 1 baths \| 979 sq.ft.	$224,900	Airbnb cash on cash: 4.07% Traditional cash on cash: 3.87% Airbnb Rental Income: $1786 Traditional Rental Income: $1258 Airbnb ROI: 4.07% Traditional ROI: 3.87%
302 S East Limits Street Mancelona, MI Welcome to 302 S East Limits St, Mancelona, MI 49659! This updated 3-bed, 1-bath home feat...	3 beds \| 1 baths \| 1,080 sq.ft.	$184,990	Airbnb cash on cash: 7.35% Traditional cash on cash: 5.72% Airbnb Rental Income: $2401 Traditional Rental Income: $1525 Airbnb ROI: 7.35% Traditional ROI: 5.72%

Real Estate investment in Mancelona, MI

There are 24 properties for sale in the city of Mancelona . The median list price in Mancelona is $235,000 and the average price per square foot is $155. In September 2024, the average monthly cash on cash return in Mancelona is 6.00%. The average monthly rental income in Mancelona is $1,879.

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

There are 24 investment properties available for sale in Mancelona.

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

The ROI for Long-Term is higher than the Short-Term in Mancelona with average rental income of $1,879.

Your search for investment property begins and ends here

Investment Property for Sale in Mancelona, MI

36 PLUM VALLEY ROAD

Mancelona, MI

3 beds | 2 baths | 1,456 sq.ft.

$260,000

Airbnb cash on cash: 5.65%

Traditional cash on cash: 7.43%

Airbnb Rental Income: $2401

Traditional Rental Income: $2248

Airbnb ROI: 5.65%

Traditional ROI: 7.43%

6811 NE BOULDER LANE

Mancelona, MI

3 beds | 3 baths | 1,369 sq.ft.

$216,500

Airbnb cash on cash: 5.86%

Traditional cash on cash: 6.47%

Airbnb Rental Income: $2401

Traditional Rental Income: $1936

Airbnb ROI: 5.86%

Traditional ROI: 6.47%

3590 Cedar River Rd Road

Mancelona, MI

2 beds | 1 baths | 1,300 sq.ft.

$400,000

Airbnb cash on cash: 0.69%

Traditional cash on cash: 1.69%

Airbnb Rental Income: $1786

Traditional Rental Income: $1674

Airbnb ROI: 0.69%

Traditional ROI: 1.69%

9500 Wilamont Circle

Mancelona, MI

3 beds | 2 baths | 960 sq.ft.

$600,000

Airbnb cash on cash: 1.19%

Traditional cash on cash: 1.83%

Airbnb Rental Income: $2401

Traditional Rental Income: $2171

Airbnb ROI: 1.19%

Traditional ROI: 1.83%

1595 NE County Line

Mancelona, MI

2 beds | 1 baths | 957 sq.ft.

$275,000

Airbnb cash on cash: 2.13%

Traditional cash on cash: 3.13%

Airbnb Rental Income: $1786

Traditional Rental Income: $1559

Airbnb ROI: 2.13%

Traditional ROI: 3.13%

11373 NE Starvation Lake

Mancelona, MI

2 beds | 2 baths | 1,350 sq.ft.

$344,900

Airbnb cash on cash: 1.2%

Traditional cash on cash: 2.69%

Airbnb Rental Income: $1786

Traditional Rental Income: $1782

Airbnb ROI: 1.2%

Traditional ROI: 2.69%

469 NE Plum Valley

Mancelona, MI

3 beds | 2 baths | 1,512 sq.ft.

$235,000

Airbnb cash on cash: 5.21%

Traditional cash on cash: 7.36%

Airbnb Rental Income: $2401

Traditional Rental Income: $2288

Airbnb ROI: 5.21%

Traditional ROI: 7.36%

4844 E Doerr Road

Mancelona, MI

3 beds | 1 baths | 1,568 sq.ft.

$379,000

Airbnb cash on cash: 3.26%

Traditional cash on cash: 3.12%

Airbnb Rental Income: $2401

Traditional Rental Income: $1764

Airbnb ROI: 3.26%