Real Estate Investment Properties for Sale in Michigamme, MI

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
19495 S Nestoria Road Michigamme, MI Major price reduction! Seller retiring and highly motivated! This is your chance to secure...	4 beds \| N/A baths \| 748 sq.ft.	$500,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.9% Airbnb Rental Income: $null Traditional Rental Income: $2162 Airbnb ROI: N/A Traditional ROI: 1.9%
25358 Branch Road Michigamme, MI Nestled at the private end of Beaufort Lake, in the picturesque Three Lakes area, this wat...	2 beds \| 3 baths \| 2,020 sq.ft.	$259,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.41% Airbnb Rental Income: $null Traditional Rental Income: $2519 Airbnb ROI: N/A Traditional ROI: 8.41%
24773 Pine Avenue Michigamme, MI Nestled along the sandy shoreline of Ruth Lake, this inviting cottage offers a peaceful se...	2 beds \| 3 baths \| 2,215 sq.ft.	$425,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.23% Airbnb Rental Income: $null Traditional Rental Income: $2784 Airbnb ROI: N/A Traditional ROI: 4.23%
28278 E Fence Lake Road Michigamme, MI Private 14.2-Acre Waterfront Sanctuary. Seclusion and luxury await you at this handcrafted...	4 beds \| 3 baths \| 3,712 sq.ft.	$1,595,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.55% Airbnb Rental Income: $null Traditional Rental Income: $3078 Airbnb ROI: N/A Traditional ROI: -0.55%
Investment Properties for Sale in Other Cities of Michigan
1021 Clear Creek Drive Rochester Hills , MI EXCEPTIONALLY RARE OPPORTUNITY to SECURE the "Idea Show House" Model in Prestigious & High...	4 beds \| 5 baths \| 5,272 sq.ft.	$2,100,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.41% Airbnb Rental Income: $null Traditional Rental Income: $4965 Airbnb ROI: N/A Traditional ROI: 0.41%
700 Tennyson Rochester Hills , MI Welcome to this wonderful End-Unit, Open Concept home located in Hampton on the Green Golf...	2 beds \| 2 baths \| 1,108 sq.ft.	$265,000	Airbnb cash on cash: -0.68% Traditional cash on cash: 4.44% Airbnb Rental Income: $764 Traditional Rental Income: $1728 Airbnb ROI: -0.68% Traditional ROI: 4.44%
146 Puritan Avenue Birmingham , MI A truly rare opportunity to own one of Birmingham's most treasured historic homes, the ico...	4 beds \| 4 baths \| 3,000 sq.ft.	$1,750,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.25% Airbnb Rental Income: $null Traditional Rental Income: $3498 Airbnb ROI: N/A Traditional ROI: -0.25%
1844 Haynes Street Birmingham , MI Stylish, move-in ready Birmingham 4 bedroom bungalow just minutes from vibrant downtown li...	4 beds \| 2 baths \| 1,394 sq.ft.	$499,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.41% Airbnb Rental Income: $null Traditional Rental Income: $2141 Airbnb ROI: N/A Traditional ROI: 2.41%
66 WINDER Street #332 Detroit , MI Beautiful Corner Loft with Amazing Views of Downtown Skyline. Located in Popular Brush Par...	2 beds \| 2 baths \| 1,446 sq.ft.	$435,000	Airbnb cash on cash: -0.28% Traditional cash on cash: 3.34% Airbnb Rental Income: $1694 Traditional Rental Income: $2697 Airbnb ROI: -0.28% Traditional ROI: 3.34%
2125 Kensington Park Circle Holland , MI OPEN SAT: 5/9 12pm-2pm. Enjoy carefree living in a convenient location, with this stand-al...	3 beds \| 3 baths \| 2,013 sq.ft.	$349,900	Airbnb cash on cash: 2.25% Traditional cash on cash: 9.85% Airbnb Rental Income: $2155 Traditional Rental Income: $4106 Airbnb ROI: 2.25% Traditional ROI: 9.85%
3201 Asher Road Ann Arbor , MI Discover this premium Berkshire Creek end-unit home, where modern design meets everyday ea...	2 beds \| 3 baths \| 2,179 sq.ft.	$447,000	Airbnb cash on cash: -1.81% Traditional cash on cash: 2.06% Airbnb Rental Income: $1253 Traditional Rental Income: $2475 Airbnb ROI: -1.81% Traditional ROI: 2.06%
2354 Erickson Drive Troy , MI FINAL AND BEST DUE at 6PM 5/5/26 Beautifully maintained 4-bedroom, 3-bath split-level home...	4 beds \| 3 baths \| 2,495 sq.ft.	$569,900	Airbnb cash on cash: -0.19% Traditional cash on cash: 3.21% Airbnb Rental Income: $1588 Traditional Rental Income: $2943 Airbnb ROI: -0.19% Traditional ROI: 3.21%
1295 Smith Avenue Birmingham , MI In-town Birmingham living with a rare attached 2-car garage! This 3-bedroom, 2.5-bath home...	3 beds \| 3 baths \| 2,340 sq.ft.	$749,900	Airbnb cash on cash: -0.99% Traditional cash on cash: 1.45% Airbnb Rental Income: $1389 Traditional Rental Income: $2669 Airbnb ROI: -0.99% Traditional ROI: 1.45%
3067 Effie Place NE Grand Rapids , MI Well built 2 bedroom 1 bath ranch. Nice area near riverside Park. Large fenced in back yar...	2 beds \| 1 baths \| 911 sq.ft.	$179,900	Airbnb cash on cash: 2.72% Traditional cash on cash: 5.08% Airbnb Rental Income: $1297 Traditional Rental Income: $1296 Airbnb ROI: 2.72% Traditional ROI: 5.08%
1217 El Camino Drive NW Grand Rapids , MI Exceptional residence offering a rare sense of privacy and a refined, collected aesthetic,...	4 beds \| 5 baths \| 4,689 sq.ft.	$699,900	Airbnb cash on cash: 0.63% Traditional cash on cash: 6.05% Airbnb Rental Income: $2358 Traditional Rental Income: $5313 Airbnb ROI: 0.63% Traditional ROI: 6.05%

Real Estate investment in Michigamme, MI

There are 4 properties for sale in the city of Michigamme . The median list price in Michigamme is $452,500 and the average price per square foot is $260. In May 2026, the average monthly cash on cash return in Michigamme is 3.00%. The average monthly rental income in Michigamme is $2,652.

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

There are 4 investment properties available for sale in Michigamme.

In 2026, the best neighborhood to buy investment property is Michigamme.

The ROI for Short-Term is higher than the Long-Term in Michigamme with average rental income of $N/A.

Your search for investment property begins and ends here

Investment Property for Sale in Michigamme, MI

19495 S Nestoria Road

Michigamme, MI

4 beds | N/A baths | 748 sq.ft.

$500,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.9%

Airbnb Rental Income: $null

Traditional Rental Income: $2162

Airbnb ROI: N/A

Traditional ROI: 1.9%

25358 Branch Road

Michigamme, MI

2 beds | 3 baths | 2,020 sq.ft.

$259,900

Airbnb cash on cash: N/A

Traditional cash on cash: 8.41%

Airbnb Rental Income: $null

Traditional Rental Income: $2519

Airbnb ROI: N/A

Traditional ROI: 8.41%

24773 Pine Avenue

Michigamme, MI

2 beds | 3 baths | 2,215 sq.ft.

$425,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.23%

Airbnb Rental Income: $null

Traditional Rental Income: $2784

Airbnb ROI: N/A

Traditional ROI: 4.23%

28278 E Fence Lake Road

Michigamme, MI

4 beds | 3 baths | 3,712 sq.ft.

$1,595,000

Airbnb cash on cash: N/A

Traditional cash on cash: -0.55%

Airbnb Rental Income: $null

Traditional Rental Income: $3078

Airbnb ROI: N/A

Traditional ROI: -0.55%

Investment Properties for Sale in Other Cities of Michigan

Rochester Hills , MI

4 beds | 5 baths | 5,272 sq.ft.

$2,100,000

Airbnb cash on cash: N/A

Traditional cash on cash: 0.41%

Airbnb Rental Income: $null

Traditional Rental Income: $4965

Airbnb ROI: N/A

Traditional ROI: 0.41%

Rochester Hills , MI

2 beds | 2 baths | 1,108 sq.ft.

$265,000

Airbnb cash on cash: -0.68%

Traditional cash on cash: 4.44%

Airbnb Rental Income: $764

Traditional Rental Income: $1728

Airbnb ROI: -0.68%

Traditional ROI: 4.44%

Birmingham , MI

4 beds | 4 baths | 3,000 sq.ft.

$1,750,000

Airbnb cash on cash: N/A

Traditional cash on cash: -0.25%

Airbnb Rental Income: $null

Traditional Rental Income: $3498

Airbnb ROI: N/A

Traditional ROI: -0.25%

Birmingham , MI

4 beds | 2 baths | 1,394 sq.ft.

$499,900

Airbnb cash on cash: N/A

Traditional cash on cash: 2.41%

Airbnb Rental Income: $null

Traditional Rental Income: $2141

Airbnb ROI: N/A

Traditional ROI: 2.41%

Detroit , MI

2 beds | 2 baths | 1,446 sq.ft.