Real Estate Investment Properties for Sale in Pentwater, MI

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
935 E 6th Street Pentwater, MI GREAT FIND: WOW !!! Location, Location, Location; Fine Home In Excellent 4-bed/plus; condi...	4 beds \| 4 baths \| 2,280 sq.ft.	$479,900	Airbnb cash on cash: 0.45% Traditional cash on cash: 3.99% Airbnb Rental Income: $1710 Traditional Rental Income: $2825 Airbnb ROI: 0.45% Traditional ROI: 3.99%
6973 S Lakeshore Drive Pentwater, MI Your Private Lakeshore Escape Awaits: Nestled among the trees with deeded access to Lake M...	4 beds \| 3 baths \| 2,823 sq.ft.	$875,000	Airbnb cash on cash: -0.25% Traditional cash on cash: 1.3% Airbnb Rental Income: $1710 Traditional Rental Income: $2497 Airbnb ROI: -0.25% Traditional ROI: 1.3%
5540 W Rutledge Avenue Pentwater, MI Affordable home in Pentwater. Conveniently located just north of Downtown Pentwater and a ...	3 beds \| 2 baths \| 1,296 sq.ft.	$189,000	Airbnb cash on cash: 3.46% Traditional cash on cash: 9.19% Airbnb Rental Income: $1480 Traditional Rental Income: $2073 Airbnb ROI: 3.46% Traditional ROI: 9.19%
7505 S Lakeshore Drive Pentwater, MI Introducing a Breathtaking NEW BUILD-102 ft exclusive Bass Lake frontage! Step through you...	5 beds \| 3 baths \| 3,562 sq.ft.	$1,600,000	Airbnb cash on cash: 0.3% Traditional cash on cash: 1% Airbnb Rental Income: $3446 Traditional Rental Income: $3722 Airbnb ROI: 0.3% Traditional ROI: 1%
5164 Monroe Road Pentwater, MI Unlock the potential of this rare 1.73-acre commercially zoned parcel with 251 feet of fro...	2 beds \| 1 baths \| N/A	$795,000	Airbnb cash on cash: -1.29% Traditional cash on cash: -0.07% Airbnb Rental Income: $1200 Traditional Rental Income: $1712 Airbnb ROI: -1.29% Traditional ROI: -0.07%
6662 Lorne Drive Pentwater, MI Unique investment opportunity in Pentwater, Michigan! This 1.63-acre property, consisting ...	5 beds \| 3 baths \| 2,091 sq.ft.	$225,000	Airbnb cash on cash: 9.35% Traditional cash on cash: 10.35% Airbnb Rental Income: $3446 Traditional Rental Income: $2896 Airbnb ROI: 9.35% Traditional ROI: 10.35%
6193 S Pere Marquette Highway Pentwater, MI NEW HOME Build near LAKE MICHIGAN! BUILDER is offering a fully constructed 3bed/2bath MAIN...	3 beds \| 2 baths \| 1,200 sq.ft.	$360,000	Airbnb cash on cash: 1.74% Traditional cash on cash: 4.8% Airbnb Rental Income: $1480 Traditional Rental Income: $2077 Airbnb ROI: 1.74% Traditional ROI: 4.8%
7042 S Montgomery Pentwater, MI This immaculate lakefront home offers 50 feet of private beach on Lake Michigan and breath...	2 beds \| 3 baths \| 1,736 sq.ft.	$1,450,000	Airbnb cash on cash: -1.18% Traditional cash on cash: 0.33% Airbnb Rental Income: $1200 Traditional Rental Income: $2843 Airbnb ROI: -1.18% Traditional ROI: 0.33%
368 N Hancock Street Pentwater, MI The Charming Beach Town of Pentwater is One of West Michigan's Most Popular Summer Destina...	4 beds \| 3 baths \| 1,776 sq.ft.	$445,000	Airbnb cash on cash: 1.13% Traditional cash on cash: 4.56% Airbnb Rental Income: $1710 Traditional Rental Income: $2664 Airbnb ROI: 1.13% Traditional ROI: 4.56%
4900 N Railroad Avenue Pentwater, MI Welcome to your secluded sanctuaryâan extraordinary 88.1-acre estate nestled in the hear...	4 beds \| 2 baths \| 1,470 sq.ft.	$1,000,000	Airbnb cash on cash: -0.24% Traditional cash on cash: 1.05% Airbnb Rental Income: $1710 Traditional Rental Income: $2440 Airbnb ROI: -0.24% Traditional ROI: 1.05%
5293 W Monroe Road Pentwater, MI Lakeside Luxury in the Heart of Pentwater - 3,200 Sq Ft \| Dual-Suite Estate with Private W...	5 beds \| 5 baths \| 3,200 sq.ft.	$1,116,000	Airbnb cash on cash: 0.98% Traditional cash on cash: 3.67% Airbnb Rental Income: $3446 Traditional Rental Income: $5473 Airbnb ROI: 0.98% Traditional ROI: 3.67%
5245 Monroe Road Pentwater, MI Lakefront Luxury Meets Modern Comfort on Pentwater Lake! This stunning, completely remodel...	4 beds \| 2 baths \| 2,940 sq.ft.	$1,200,000	Airbnb cash on cash: -0.71% Traditional cash on cash: 0.91% Airbnb Rental Income: $1710 Traditional Rental Income: $3044 Airbnb ROI: -0.71% Traditional ROI: 0.91%
8641 N Perry Avenue Pentwater, MI Pentwater Mi - Charming Lake Michigan Cottage with Private Beach & Breathtaking Views W...	5 beds \| 3 baths \| 2,060 sq.ft.	$1,350,000	Airbnb cash on cash: 0.22% Traditional cash on cash: 0.9% Airbnb Rental Income: $3446 Traditional Rental Income: $3539 Airbnb ROI: 0.22% Traditional ROI: 0.9%
5774 N Wayne Avenue Pentwater, MI Set on 7.1 acres along the Pentwater River watershed, this well-cared-for 4 bed, 3.5 bath ...	4 beds \| 4 baths \| 3,662 sq.ft.	$650,000	Airbnb cash on cash: 0.43% Traditional cash on cash: 5.65% Airbnb Rental Income: $1710 Traditional Rental Income: $4407 Airbnb ROI: 0.43% Traditional ROI: 5.65%
380 N HANCOCK STREET Pentwater, MI Welcome to 380 Hancock in the charming town of Pentwater. This stunning home sits on a gen...	4 beds \| 4 baths \| 2,280 sq.ft.	$589,000	Airbnb cash on cash: 0.11% Traditional cash on cash: 3.75% Airbnb Rental Income: $1710 Traditional Rental Income: $3238 Airbnb ROI: 0.11% Traditional ROI: 3.75%
90 S Clymer Street Pentwater, MI Check out this great ranch home in the village of Pentwater. This 2 bedroom, 1 1/2 bath h...	2 beds \| 2 baths \| 900 sq.ft.	$329,900	Airbnb cash on cash: -0.06% Traditional cash on cash: 3.1% Airbnb Rental Income: $1200 Traditional Rental Income: $1791 Airbnb ROI: -0.06% Traditional ROI: 3.1%
9367 N Lorraine Drive Pentwater, MI Beautiful home upon the hilltop overlooking Lake Michigan where you will enjoy all its moo...	3 beds \| 2 baths \| 1,757 sq.ft.	$629,000	Airbnb cash on cash: -0.07% Traditional cash on cash: 2.5% Airbnb Rental Income: $1480 Traditional Rental Income: $2553 Airbnb ROI: -0.07% Traditional ROI: 2.5%
8716 N 80th Avenue Pentwater, MI Just minutes from Pentwater and Lake Michigan! Fantastic Corner location for this beautifu...	3 beds \| 2 baths \| 1,780 sq.ft.	$350,000	Airbnb cash on cash: 1.46% Traditional cash on cash: 6.03% Airbnb Rental Income: $1480 Traditional Rental Income: $2548 Airbnb ROI: 1.46% Traditional ROI: 6.03%
996 2nd Street Pentwater, MI Rare Opportunity in the Heart of Pentwater Village! Nestled on nearly 2 acres spanning ...	3 beds \| 3 baths \| 3,560 sq.ft.	$525,000	Airbnb cash on cash: 0.52% Traditional cash on cash: 4.56% Airbnb Rental Income: $1480 Traditional Rental Income: $3024 Airbnb ROI: 0.52% Traditional ROI: 4.56%

Real Estate investment in Pentwater, MI

There are 19 properties for sale in the city of Pentwater . The median list price in Pentwater is $629,000 and the average price per square foot is $280. In September 2025, the average monthly cash on cash return in Pentwater is 4.00%. The average monthly rental income in Pentwater is $2,825.

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

There are 19 investment properties available for sale in Pentwater.

In 2025, the best neighborhood to buy investment property is Pentwater.

The ROI for Short-Term is higher than the Long-Term in Pentwater with average rental income of $1,710.

Your search for investment property begins and ends here

Investment Property for Sale in Pentwater, MI

935 E 6th Street

Pentwater, MI

4 beds | 4 baths | 2,280 sq.ft.

$479,900

Airbnb cash on cash: 0.45%

Traditional cash on cash: 3.99%

Airbnb Rental Income: $1710

Traditional Rental Income: $2825

Airbnb ROI: 0.45%

Traditional ROI: 3.99%

6973 S Lakeshore Drive

Pentwater, MI

4 beds | 3 baths | 2,823 sq.ft.

$875,000

Airbnb cash on cash: -0.25%

Traditional cash on cash: 1.3%

Airbnb Rental Income: $1710

Traditional Rental Income: $2497

Airbnb ROI: -0.25%

Traditional ROI: 1.3%

5540 W Rutledge Avenue

Pentwater, MI

3 beds | 2 baths | 1,296 sq.ft.

$189,000

Airbnb cash on cash: 3.46%

Traditional cash on cash: 9.19%

Airbnb Rental Income: $1480

Traditional Rental Income: $2073

Airbnb ROI: 3.46%

Traditional ROI: 9.19%

7505 S Lakeshore Drive

Pentwater, MI

5 beds | 3 baths | 3,562 sq.ft.

$1,600,000

Airbnb cash on cash: 0.3%

Traditional cash on cash: 1%

Airbnb Rental Income: $3446

Traditional Rental Income: $3722

Airbnb ROI: 0.3%

Traditional ROI: 1%

5164 Monroe Road

Pentwater, MI

2 beds | 1 baths | N/A

$795,000

Airbnb cash on cash: -1.29%

Traditional cash on cash: -0.07%

Airbnb Rental Income: $1200

Traditional Rental Income: $1712

Airbnb ROI: -1.29%

Traditional ROI: -0.07%

6662 Lorne Drive

Pentwater, MI

5 beds | 3 baths | 2,091 sq.ft.

$225,000

Airbnb cash on cash: 9.35%

Traditional cash on cash: 10.35%

Airbnb Rental Income: $3446

Traditional Rental Income: $2896

Airbnb ROI: 9.35%

Traditional ROI: 10.35%

6193 S Pere Marquette Highway

Pentwater, MI

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

$360,000

Airbnb cash on cash: 1.74%

Traditional cash on cash: 4.8%

Airbnb Rental Income: $1480

Traditional Rental Income: $2077

Airbnb ROI: 1.74%

Traditional ROI: 4.8%

7042 S Montgomery

Pentwater, MI

2 beds | 3 baths | 1,736 sq.ft.

$1,450,000

Airbnb cash on cash: -1.18%

Traditional cash on cash: 0.33%

Airbnb Rental Income: $1200

Traditional Rental Income: $2843

Airbnb ROI: -1.18%