Real Estate Investment Properties for Sale in Petoskey, MI

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1200 CHARLEVOIX AVE 3 Petoskey, MI With a view over the bay almost to the UP, affording you the enjoyment of sunsets and nort...	3 beds \| 3 baths \| 2,191 sq.ft.	$1,150,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.56% Airbnb Rental Income: $null Traditional Rental Income: $3396 Airbnb ROI: N/A Traditional ROI: 0.56%
606 State Petoskey, MI Downtown Dream in Petoskey! Welcome to this stunning 4 bedroom, 4 full-bath & 1 half-bath ...	4 beds \| 5 baths \| 3,336 sq.ft.	$1,250,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.38% Airbnb Rental Income: $null Traditional Rental Income: $4638 Airbnb ROI: N/A Traditional ROI: 1.38%
2755 Crestview Petoskey, MI Welcome home to this beautifully renovated 3-bedroom, 2-bath ranch ideally located just mi...	3 beds \| 2 baths \| 1,350 sq.ft.	$244,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.13% Airbnb Rental Income: $null Traditional Rental Income: $1857 Airbnb ROI: N/A Traditional ROI: 5.13%
3400 Lakeside Dr S Apt 19, Petoskey, MI, 49770 Petoskey, MI	2 beds \| 2 baths \| N/A	$274,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.16% Airbnb Rental Income: $null Traditional Rental Income: $1561 Airbnb ROI: N/A Traditional ROI: 3.16%
3155 Greenfield Drive Petoskey, MI Welcome to this beautifully maintained 4-bedroom, 2-bath home in a desirable Petoskey neig...	4 beds \| 2 baths \| 2,000 sq.ft.	$519,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.22% Airbnb Rental Income: $null Traditional Rental Income: $2401 Airbnb ROI: N/A Traditional ROI: 2.22%
513 Liberty Petoskey, MI Charm, location, and income potential come together at this centrally located Petoskey dup...	4 beds \| N/A baths \| 1,816 sq.ft.	$350,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.4% Airbnb Rental Income: $null Traditional Rental Income: $2041 Airbnb ROI: N/A Traditional ROI: 3.4%
4325 US 131 Petoskey, MI Nestled in a very private setting on 7.69 acres, with a 2nd-story concrete and stick-built...	4 beds \| 3 baths \| 3,605 sq.ft.	$749,900	Airbnb cash on cash: N/A Traditional cash on cash: 0.86% Airbnb Rental Income: $null Traditional Rental Income: $2460 Airbnb ROI: N/A Traditional ROI: 0.86%
3895 Leslie #16 Petoskey, MI Welcome to this brand-new ranch-style duplex in Windsong Woods, offering affordable Northe...	2 beds \| 2 baths \| 1,013 sq.ft.	$294,900	Airbnb cash on cash: N/A Traditional cash on cash: 5% Airbnb Rental Income: $null Traditional Rental Income: $2181 Airbnb ROI: N/A Traditional ROI: 5%
1800 Farmview Petoskey, MI Come VISIT us at FARM VIEW, you will LOVE it and our NEW Homes! It's located just a mile o...	3 beds \| 2 baths \| 1,920 sq.ft.	$699,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.6% Airbnb Rental Income: $null Traditional Rental Income: $2783 Airbnb ROI: N/A Traditional ROI: 1.6%
1827 Farmview Petoskey, MI Welcome to FARM VIEWâ¦with large 2-Acre sitesâ¦only a mile to âwonderful Petoskey"...a...	3 beds \| 2 baths \| 2,000 sq.ft.	$849,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.92% Airbnb Rental Income: $null Traditional Rental Income: $2821 Airbnb ROI: N/A Traditional ROI: 0.92%
1780 Howard Petoskey, MI Development parcel conveniently located near the busy south side of Petoskey and includes ...	3 beds \| 2 baths \| 1,344 sq.ft.	$635,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.03% Airbnb Rental Income: $null Traditional Rental Income: $2200 Airbnb ROI: N/A Traditional ROI: 1.03%
1124 E Mitchell Street Petoskey, MI Happy Holidays! Start 2026 off with this beautiful home. Buy this nearly new quaint year a...	4 beds \| 2 baths \| 1,500 sq.ft.	$529,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.8% Airbnb Rental Income: $null Traditional Rental Income: $2232 Airbnb ROI: N/A Traditional ROI: 1.8%
4838 KEATON LANE 106 Petoskey, MI This Charming Home Awaits: Nestled and elevated expansive view of the valley below and Cro...	4 beds \| 3 baths \| 2,100 sq.ft.	$649,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.83% Airbnb Rental Income: $null Traditional Rental Income: $2738 Airbnb ROI: N/A Traditional ROI: 1.83%
1145 Woodland Dr Petoskey, MI Coveted Parkview Estates Location â A Fixer-Upper with incredible potential! Nestled bet...	4 beds \| 2 baths \| 2,128 sq.ft.	$375,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.04% Airbnb Rental Income: $null Traditional Rental Income: $2756 Airbnb ROI: N/A Traditional ROI: 5.04%
316 Monroe Petoskey, MI Downtown Living with Character & Space This 5-bedroom, 3-bath home has all the charm youâ...	5 beds \| 3 baths \| 2,300 sq.ft.	$399,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.93% Airbnb Rental Income: $null Traditional Rental Income: $2881 Airbnb ROI: N/A Traditional ROI: 4.93%
3652 Country Club Petoskey, MI Charming 3-bedroom, 2-bath ranch on nearly half an acre, just a short drive from Petoskey....	3 beds \| 2 baths \| 1,060 sq.ft.	$339,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.27% Airbnb Rental Income: $null Traditional Rental Income: $1938 Airbnb ROI: N/A Traditional ROI: 3.27%
1491 Maxwell Road Petoskey, MI Step into elegance with this 4 bedroom, 3 bath home in Petoskey, set on 2.5 acres of natur...	4 beds \| 3 baths \| 2,927 sq.ft.	$775,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.55% Airbnb Rental Income: $null Traditional Rental Income: $3041 Airbnb ROI: N/A Traditional ROI: 1.55%
2882 School Road Petoskey, MI Location, Location, Location! Nestled between the crystal-clear waters of Walloon Lake and...	3 beds \| 2 baths \| 1,296 sq.ft.	$359,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.17% Airbnb Rental Income: $null Traditional Rental Income: $2014 Airbnb ROI: N/A Traditional ROI: 3.17%
944 Windsong Place Petoskey, MI Welcome to this charming and meticulously cared-for 4-bedroom, 2.5-bathroom home, located ...	4 beds \| 3 baths \| 2,026 sq.ft.	$349,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.28% Airbnb Rental Income: $null Traditional Rental Income: $2985 Airbnb ROI: N/A Traditional ROI: 6.28%
281 N Blanchard Petoskey, MI East of downtown Petoskey, this cozy 4 bedroom, 3 bathroom ranch offers rural views and au...	4 beds \| 3 baths \| 1,594 sq.ft.	$349,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.2% Airbnb Rental Income: $null Traditional Rental Income: $2624 Airbnb ROI: N/A Traditional ROI: 5.2%
332 W Sheridan Petoskey, MI Cute, cozy and in a perfect location! What a gem of a home. Close to town, extremely clos...	3 beds \| 1 baths \| 1,000 sq.ft.	$260,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.36% Airbnb Rental Income: $null Traditional Rental Income: $1536 Airbnb ROI: N/A Traditional ROI: 3.36%
1040 KEMP Petoskey, MI Looking for a home, rental property, building site, or maybe even all three? This barndomi...	1 beds \| 3 baths \| 2,230 sq.ft.	$399,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.36% Airbnb Rental Income: $null Traditional Rental Income: $2294 Airbnb ROI: N/A Traditional ROI: 3.36%

Real Estate investment in Petoskey, MI

There are 22 properties for sale in the city of Petoskey . The median list price in Petoskey is $387,000 and the average price per square foot is $208. In January 2026, the average monthly cash on cash return in Petoskey is 2.00%. The average monthly rental income in Petoskey is $2,050.

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

There are 22 investment properties available for sale in Petoskey.

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

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

Your search for investment property begins and ends here

Investment Property for Sale in Petoskey, MI

1200 CHARLEVOIX AVE 3

Petoskey, MI

3 beds | 3 baths | 2,191 sq.ft.

$1,150,000

Airbnb cash on cash: N/A

Traditional cash on cash: 0.56%

Airbnb Rental Income: $null

Traditional Rental Income: $3396

Airbnb ROI: N/A

Traditional ROI: 0.56%

606 State

Petoskey, MI

4 beds | 5 baths | 3,336 sq.ft.

$1,250,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.38%

Airbnb Rental Income: $null

Traditional Rental Income: $4638

Airbnb ROI: N/A

Traditional ROI: 1.38%

2755 Crestview

Petoskey, MI

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

$244,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.13%

Airbnb Rental Income: $null

Traditional Rental Income: $1857

Airbnb ROI: N/A

Traditional ROI: 5.13%

3400 Lakeside Dr S Apt 19, Petoskey, MI, 49770

Petoskey, MI

2 beds | 2 baths | N/A

$274,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.16%

Airbnb Rental Income: $null

Traditional Rental Income: $1561

Airbnb ROI: N/A

Traditional ROI: 3.16%

3155 Greenfield Drive

Petoskey, MI

4 beds | 2 baths | 2,000 sq.ft.

$519,900

Airbnb cash on cash: N/A

Traditional cash on cash: 2.22%

Airbnb Rental Income: $null

Traditional Rental Income: $2401

Airbnb ROI: N/A

Traditional ROI: 2.22%

513 Liberty

Petoskey, MI

4 beds | N/A baths | 1,816 sq.ft.

$350,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.4%

Airbnb Rental Income: $null

Traditional Rental Income: $2041

Airbnb ROI: N/A

Traditional ROI: 3.4%

4325 US 131

Petoskey, MI

4 beds | 3 baths | 3,605 sq.ft.

$749,900

Airbnb cash on cash: N/A

Traditional cash on cash: 0.86%

Airbnb Rental Income: $null

Traditional Rental Income: $2460

Airbnb ROI: N/A

Traditional ROI: 0.86%

3895 Leslie #16

Petoskey, MI

2 beds | 2 baths | 1,013 sq.ft.

$294,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5%

Airbnb Rental Income: $null

Traditional Rental Income: $2181

Airbnb ROI: N/A