Real Estate Investment Properties for Sale in Mancelona, MI

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

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.

Single Family Homes for Sale in Mancelona, MI

Search for Single Family Residential for Sale in Mancelona, 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 67 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
8768 Sunset Trl Mancelona, MI GORGEOUS LOG-SIDED HOME ON CRYSTAL CLEAR STARVATION LAKE! Three acre setting has120 feet o...	3 beds \| 3 baths \| 2,431 sq.ft.	$1,100,000	Airbnb cash on cash: -1.24% Traditional cash on cash: 0.28% Airbnb Rental Income: $1919 Traditional Rental Income: $2970 Airbnb ROI: -1.24% Traditional ROI: 0.28%
7686 Wyndamar Dr Mancelona, MI This well-maintained 3-bedroom, 2-bath home features an open floor plan that creates a bri...	3 beds \| 2 baths \| 1,200 sq.ft.	$269,900	Airbnb cash on cash: 3.7% Traditional cash on cash: 4.47% Airbnb Rental Income: $1919 Traditional Rental Income: $1606 Airbnb ROI: 3.7% Traditional ROI: 4.47%
8610 Grassmere Ct Mancelona, MI Located on a quiet cul-de-sac in Lakes of the North, this story-and-a-half home offers a c...	2 beds \| 1 baths \| 772 sq.ft.	$120,000	Airbnb cash on cash: 3.67% Traditional cash on cash: 9.34% Airbnb Rental Income: $1144 Traditional Rental Income: $1420 Airbnb ROI: 3.67% Traditional ROI: 9.34%
5635 Mystic Dr Mancelona, MI CEDAR RIVER DISTINCTIVE CRAFTSMAN HOME is the perfect retreat tucked away at the end of a ...	2 beds \| 1 baths \| 2,160 sq.ft.	$475,000	Airbnb cash on cash: 0.12% Traditional cash on cash: 4.79% Airbnb Rental Income: $1144 Traditional Rental Income: $2840 Airbnb ROI: 0.12% Traditional ROI: 4.79%
6609 Deepwood Drive Mancelona, MI Beautifully updated 3 bed, 2 bath ranch with attached garage. Garage has a drive through d...	3 beds \| 2 baths \| 1,281 sq.ft.	$300,000	Airbnb cash on cash: 3.02% Traditional cash on cash: 6.67% Airbnb Rental Income: $1919 Traditional Rental Income: $2441 Airbnb ROI: 3.02% Traditional ROI: 6.67%
5391 Scholl Rd Mancelona, MI Escape to your own Northern Michigan paradise with this incredible 4 bedroom, 2.5 bathroom...	4 beds \| 2 baths \| 2,238 sq.ft.	$650,000	Airbnb cash on cash: 0.18% Traditional cash on cash: 3.05% Airbnb Rental Income: $2308 Traditional Rental Income: $3474 Airbnb ROI: 0.18% Traditional ROI: 3.05%
9817 Montrose Dr Mancelona, MI Built in 2020, this beautifully maintained 2-bedroom, 1-bath home offers modern comfort in...	2 beds \| 1 baths \| 900 sq.ft.	$220,000	Airbnb cash on cash: 2.01% Traditional cash on cash: 6.6% Airbnb Rental Income: $1144 Traditional Rental Income: $1720 Airbnb ROI: 2.01% Traditional ROI: 6.6%
8768 Sunset Trail, NE Mancelona, MI Beautiful Starvation Lake - where the livin' is easy and Northern Michigan memories are ma...	3 beds \| 3 baths \| 3,807 sq.ft.	$1,100,000	Airbnb cash on cash: -1.24% Traditional cash on cash: 0.54% Airbnb Rental Income: $1919 Traditional Rental Income: $3232 Airbnb ROI: -1.24% Traditional ROI: 0.54%
5884 Scholl Rd Mancelona, MI Investor Opportunity! This is an excellent opportunity to develop a 10 acre parcel filled ...	3 beds \| 1 baths \| 1,235 sq.ft.	$139,900	Airbnb cash on cash: 7.31% Traditional cash on cash: 7.83% Airbnb Rental Income: $1919 Traditional Rental Income: $1480 Airbnb ROI: 7.31% Traditional ROI: 7.83%
5568 S US-131 Mancelona, MI Acreage! Charming Countryside Retreat on 8 Acres â Just Northeast of Mancelona. Welcome...	4 beds \| 2 baths \| 1,800 sq.ft.	$369,900	Airbnb cash on cash: 3.38% Traditional cash on cash: 4.19% Airbnb Rental Income: $2308 Traditional Rental Income: $2017 Airbnb ROI: 3.38% Traditional ROI: 4.19%
9500 Wilamont Cir Mancelona, MI Experience Northern Michigan living in this unique modern shipping container home, built i...	3 beds \| 2 baths \| 960 sq.ft.	$450,000	Airbnb cash on cash: 0.87% Traditional cash on cash: 2.68% Airbnb Rental Income: $1919 Traditional Rental Income: $2172 Airbnb ROI: 0.87% Traditional ROI: 2.68%
8424 Pineview Dr Mancelona, MI Nestled in the Lakes of the North HOA, this chalet offers the perfect setting for a peacef...	3 beds \| 2 baths \| 2,408 sq.ft.	$305,000	Airbnb cash on cash: 2.79% Traditional cash on cash: 5.7% Airbnb Rental Income: $1919 Traditional Rental Income: $2244 Airbnb ROI: 2.79% Traditional ROI: 5.7%
3727 Boardwalk Way NE Mancelona, MI Tucked away in the heart of Northern Michigan, this beautiful 6.69-acre property offers th...	2 beds \| 2 baths \| 924 sq.ft.	$159,900	Airbnb cash on cash: 2.82% Traditional cash on cash: 8.89% Airbnb Rental Income: $1144 Traditional Rental Income: $1692 Airbnb ROI: 2.82% Traditional ROI: 8.89%
6842 Rue De Montagne Mancelona, MI Tucked away in a private setting with frontage on the 13th hole of Schuss Mountain Golf Co...	4 beds \| 3 baths \| 1,842 sq.ft.	$600,000	Airbnb cash on cash: 0.93% Traditional cash on cash: 4.54% Airbnb Rental Income: $2308 Traditional Rental Income: $3754 Airbnb ROI: 0.93% Traditional ROI: 4.54%
9966 Skytrails Cir Mancelona, MI Welcome to your Up North retreat! This charming 3-bedroom, 2-bathroom home features an ope...	3 beds \| 2 baths \| 1,200 sq.ft.	$260,000	Airbnb cash on cash: 3.7% Traditional cash on cash: 6.45% Airbnb Rental Income: $1919 Traditional Rental Income: $2086 Airbnb ROI: 3.7% Traditional ROI: 6.45%
8804 Sunset Trail Road NE Mancelona, MI Welcome to beautiful Starvation Lake which is 134 acres & 0.8 mile long, spring fed sandy ...	3 beds \| 2 baths \| 1,318 sq.ft.	$549,900	Airbnb cash on cash: 0.76% Traditional cash on cash: 2.8% Airbnb Rental Income: $1919 Traditional Rental Income: $2460 Airbnb ROI: 0.76% Traditional ROI: 2.8%
6586 Breezewood Dr Mancelona, MI Cute 3 bedroom Chalet that would make a great starter home or retirement home. Home featur...	3 beds \| 1 baths \| 1,894 sq.ft.	$249,000	Airbnb cash on cash: 3.71% Traditional cash on cash: 5.01% Airbnb Rental Income: $1919 Traditional Rental Income: $1715 Airbnb ROI: 3.71% Traditional ROI: 5.01%
8414 NE Besaw Rd Mancelona, MI 8414 NE Besaw Rd, Mancelona, MI 49659 \| Single Family Residential	2 beds \| 1 baths \| 945 sq.ft.	$289,900	Airbnb cash on cash: -0.06% Traditional cash on cash: 2.93% Airbnb Rental Income: $1144 Traditional Rental Income: $1582 Airbnb ROI: -0.06% Traditional ROI: 2.93%
6514 Wilderness Dr Mancelona, MI Motivated Seller!! Escape to your perfect Northern Michigan haven! Nestled on two spacious...	3 beds \| 2 baths \| 1,277 sq.ft.	$250,000	Airbnb cash on cash: 2.82% Traditional cash on cash: 7.81% Airbnb Rental Income: $1919 Traditional Rental Income: $2587 Airbnb ROI: 2.82% Traditional ROI: 7.81%
10097 Valley Park Dr Mancelona, MI 4-bedroom, 2-bath home in Lakes of the North offering comfort, space, and year-round enjoy...	4 beds \| 2 baths \| 1,073 sq.ft.	$295,000	Airbnb cash on cash: 4.61% Traditional cash on cash: 5.72% Airbnb Rental Income: $2308 Traditional Rental Income: $2042 Airbnb ROI: 4.61% Traditional ROI: 5.72%
9269 Gedman Rd Mancelona, MI Welcome to the shores of Starvation Lake! This cottage is nestled on 2 parcels, on an all-...	2 beds \| 1 baths \| 792 sq.ft.	$499,000	Airbnb cash on cash: -0.2% Traditional cash on cash: 1.45% Airbnb Rental Income: $1144 Traditional Rental Income: $1533 Airbnb ROI: -0.2% Traditional ROI: 1.45%
8509 Grant Rd Mancelona, MI Brand-new construction in a newly developed community in Mancelona offering affordable hom...	2 beds \| 1 baths \| 850 sq.ft.	$205,000	Airbnb cash on cash: 0.94% Traditional cash on cash: 4.46% Airbnb Rental Income: $1144 Traditional Rental Income: $1450 Airbnb ROI: 0.94% Traditional ROI: 4.46%
8505 Grant Road Mancelona, MI Brand-new construction in a newly developed community in Mancelona offering affordable hom...	2 beds \| 1 baths \| 850 sq.ft.	$205,000	Airbnb cash on cash: 0.94% Traditional cash on cash: 5.89% Airbnb Rental Income: $1144 Traditional Rental Income: $1727 Airbnb ROI: 0.94% Traditional ROI: 5.89%
8513 Grant Rd Mancelona, MI Brand-new construction in a newly developed community in Mancelona offering affordable hom...	2 beds \| 1 baths \| 850 sq.ft.	$205,000	Airbnb cash on cash: 0.94% Traditional cash on cash: 6.18% Airbnb Rental Income: $1144 Traditional Rental Income: $1784 Airbnb ROI: 0.94% Traditional ROI: 6.18%
8501 Grant Rd Mancelona, MI Brand-new construction in a newly developed community in Mancelona offering affordable hom...	2 beds \| 1 baths \| 850 sq.ft.	$205,000	Airbnb cash on cash: 0.94% Traditional cash on cash: 5.89% Airbnb Rental Income: $1144 Traditional Rental Income: $1727 Airbnb ROI: 0.94% Traditional ROI: 5.89%
9183 Blackhawk Dr Mancelona, MI New construction being comepleted! Enjoy the 1200 sq ft/3bed/2bath ranch style home featur...	3 beds \| 2 baths \| 1,200 sq.ft.	$249,000	Airbnb cash on cash: 2.93% Traditional cash on cash: 6.06% Airbnb Rental Income: $1919 Traditional Rental Income: $2147 Airbnb ROI: 2.93% Traditional ROI: 6.06%
7931 NE Twin Lake Rd Mancelona, MI NEW ON THE MARKET: Up north get-away, or 4 season home. Come take a look at this nice 10-a...	2 beds \| 1 baths \| 1,440 sq.ft.	$189,900	Airbnb cash on cash: 1.2% Traditional cash on cash: 6.03% Airbnb Rental Income: $1144 Traditional Rental Income: $1635 Airbnb ROI: 1.2% Traditional ROI: 6.03%
5565 Somich Trl Mancelona, MI This exquisite retreat comprises 10 blissful acres along the Cedar River, a pristine blue-...	1 beds \| N/A baths \| 256 sq.ft.	$182,000	Airbnb cash on cash: 0.04% Traditional cash on cash: 7.38% Airbnb Rental Income: $695 Traditional Rental Income: $1661 Airbnb ROI: 0.04% Traditional ROI: 7.38%
9710 S Fawn Lane Mancelona, MI Built in 2024! Tucked in 1700 feet off Starvation Lake Road! Move right in and start enjoy...	3 beds \| 2 baths \| 1,152 sq.ft.	$250,000	Airbnb cash on cash: 3.06% Traditional cash on cash: 6.89% Airbnb Rental Income: $1919 Traditional Rental Income: $2315 Airbnb ROI: 3.06% Traditional ROI: 6.89%
6826 Little Twin Lake Rd NE Lot : 32-33 Mancelona, MI 6826 Little Twin Lake Rd NE Lot : 32-33, Mancelona, MI 49659 \| Single Family Residential	3 beds \| 3 baths \| 1,838 sq.ft.	$450,000	Airbnb cash on cash: 0.6% Traditional cash on cash: 3.69% Airbnb Rental Income: $1919 Traditional Rental Income: $2714 Airbnb ROI: 0.6% Traditional ROI: 3.69%
6826 Little Twin Lake Road Rd NE Mancelona, MI 6826 Little Twin Lake Road Rd NE, Mancelona, MI 49659 \| Single Family Residential	3 beds \| 3 baths \| 2,562 sq.ft.	$450,000	Airbnb cash on cash: 0.6% Traditional cash on cash: 4.26% Airbnb Rental Income: $1919 Traditional Rental Income: $2952 Airbnb ROI: 0.6% Traditional ROI: 4.26%
11159 Mancelona Rd Mancelona, MI Located in Lakes of the North***Experience the pinnacle of modern Up North living in this ...	4 beds \| 2 baths \| 2,280 sq.ft.	$399,000	Airbnb cash on cash: 1.86% Traditional cash on cash: 4.84% Airbnb Rental Income: $2308 Traditional Rental Income: $2847 Airbnb ROI: 1.86% Traditional ROI: 4.84%
206 N Maple St Mancelona, MI Spacious and move-in ready, this 3-bedroom, 3-bath home offers 1,932 square feet of comfor...	3 beds \| 3 baths \| 1,932 sq.ft.	$239,000	Airbnb cash on cash: 3.95% Traditional cash on cash: 10.73% Airbnb Rental Income: $1919 Traditional Rental Income: $2940 Airbnb ROI: 3.95% Traditional ROI: 10.73%
568 NE Plum Valley Rd Mancelona, MI Completed in 2024, this newly built home in the heart of Northern Michigan, offers the opp...	3 beds \| 2 baths \| 1,232 sq.ft.	$350,000	Airbnb cash on cash: 2.07% Traditional cash on cash: 5.06% Airbnb Rental Income: $1919 Traditional Rental Income: $2394 Airbnb ROI: 2.07% Traditional ROI: 5.06%
10172 NE Carmichael Dr Mancelona, MI 10172 NE Carmichael Dr, Mancelona, MI 49659 \| Single Family Residential	4 beds \| 1 baths \| 1,520 sq.ft.	$535,000	Airbnb cash on cash: 0.75% Traditional cash on cash: 1.23% Airbnb Rental Income: $2308 Traditional Rental Income: $1970 Airbnb ROI: 0.75% Traditional ROI: 1.23%
7293 NE Trillium Trl Mancelona, MI 7293 NE Trillium Trl, Mancelona, MI 49659 \| Single Family Residential	2 beds \| 2 baths \| 1,229 sq.ft.	$285,000	Airbnb cash on cash: -0.02% Traditional cash on cash: 3.57% Airbnb Rental Income: $1144 Traditional Rental Income: $1730 Airbnb ROI: -0.02% Traditional ROI: 3.57%
2315 Musser Road Mancelona, MI If you've been searching for a property where someone already thought of everything, this ...	3 beds \| 2 baths \| 1,737 sq.ft.	$379,000	Airbnb cash on cash: 2.22% Traditional cash on cash: 5.14% Airbnb Rental Income: $1919 Traditional Rental Income: $2449 Airbnb ROI: 2.22% Traditional ROI: 5.14%

Your search for investment property begins and ends here

Single Family Homes for Sale in Mancelona, MI

8768 Sunset Trl

Mancelona, MI

3 beds | 3 baths | 2,431 sq.ft.

$1,100,000

Airbnb cash on cash: -1.24%

Traditional cash on cash: 0.28%

Airbnb Rental Income: $1919

Traditional Rental Income: $2970

Airbnb ROI: -1.24%

Traditional ROI: 0.28%

7686 Wyndamar Dr

Mancelona, MI

3 beds | 2 baths | 1,200 sq.ft.

$269,900

Airbnb cash on cash: 3.7%

Traditional cash on cash: 4.47%

Airbnb Rental Income: $1919

Traditional Rental Income: $1606

Airbnb ROI: 3.7%

Traditional ROI: 4.47%

8610 Grassmere Ct

Mancelona, MI

2 beds | 1 baths | 772 sq.ft.

$120,000

Airbnb cash on cash: 3.67%

Traditional cash on cash: 9.34%

Airbnb Rental Income: $1144

Traditional Rental Income: $1420

Airbnb ROI: 3.67%

Traditional ROI: 9.34%

5635 Mystic Dr

Mancelona, MI

2 beds | 1 baths | 2,160 sq.ft.

$475,000

Airbnb cash on cash: 0.12%

Traditional cash on cash: 4.79%

Airbnb Rental Income: $1144

Traditional Rental Income: $2840

Airbnb ROI: 0.12%

Traditional ROI: 4.79%

6609 Deepwood Drive

Mancelona, MI

3 beds | 2 baths | 1,281 sq.ft.

$300,000

Airbnb cash on cash: 3.02%

Traditional cash on cash: 6.67%

Airbnb Rental Income: $1919

Traditional Rental Income: $2441

Airbnb ROI: 3.02%

Traditional ROI: 6.67%

5391 Scholl Rd

Mancelona, MI

4 beds | 2 baths | 2,238 sq.ft.

$650,000

Airbnb cash on cash: 0.18%

Traditional cash on cash: 3.05%

Airbnb Rental Income: $2308

Traditional Rental Income: $3474

Airbnb ROI: 0.18%

Traditional ROI: 3.05%

9817 Montrose Dr

Mancelona, MI

2 beds | 1 baths | 900 sq.ft.

$220,000

Airbnb cash on cash: 2.01%

Traditional cash on cash: 6.6%

Airbnb Rental Income: $1144

Traditional Rental Income: $1720

Airbnb ROI: 2.01%

Traditional ROI: 6.6%

8768 Sunset Trail, NE

Mancelona, MI

3 beds | 3 baths | 3,807 sq.ft.

$1,100,000

Airbnb cash on cash: -1.24%

Traditional cash on cash: 0.54%

Airbnb Rental Income: $1919

Traditional Rental Income: $3232

Airbnb ROI: -1.24%