Real Estate Investment Properties for Sale in Rapid City, MI

Looking for investment property in Rapid City, MI with high ROI ?

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

Search for Single Family Residential for Sale in Rapid City, 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 23 Single Family Residential listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
12134 Jonathon Drive Rapid City, MI Discover a wonderful opportunity with this shared waterfront home on the sought after Torc...	4 beds \| 3 baths \| 1,700 sq.ft.	$374,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.78% Airbnb Rental Income: $null Traditional Rental Income: $2972 Airbnb ROI: N/A Traditional ROI: 6.78%
8281 Rapid City Road Rapid City, MI This unique property features a stick built 3 bedroom, 1 bath main home, along with two ad...	5 beds \| 3 baths \| 1,573 sq.ft.	$359,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.51% Airbnb Rental Income: $null Traditional Rental Income: $1789 Airbnb ROI: N/A Traditional ROI: 2.51%
72 NW Wood Road Rapid City, MI From the moment you drive up the paved driveway, you know you're looking at something spec...	2 beds \| 2 baths \| 1,568 sq.ft.	$399,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.67% Airbnb Rental Income: $null Traditional Rental Income: $2416 Airbnb ROI: N/A Traditional ROI: 3.67%
12050 Cabin Lane Rapid City, MI Discover Northern Michigan living at its finest at 12050 Cabin Lane in Rapid City. This be...	3 beds \| 1 baths \| 1,008 sq.ft.	$295,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.83% Airbnb Rental Income: $null Traditional Rental Income: $1303 Airbnb ROI: N/A Traditional ROI: 1.83%
6483 W PLUM VALLEY ROAD NW Rapid City, MI This charming 860 sq. ft. log cabin sits along the Rapid River, a premier trout stream fam...	1 beds \| 1 baths \| 866 sq.ft.	$990,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.2% Airbnb Rental Income: $null Traditional Rental Income: $1395 Airbnb ROI: N/A Traditional ROI: 0.2%
13433 Torch River Road Rapid City, MI TORCH RIVER PRIVATE FRONTAGE with 125 ft. of crystal clear waters located on the widest pa...	3 beds \| 3 baths \| 2,800 sq.ft.	$1,695,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.48% Airbnb Rental Income: $null Traditional Rental Income: $3410 Airbnb ROI: N/A Traditional ROI: 0.48%
8916 NW VALLEY Rapid City, MI Picture This! Your New Home 2026 outside of Rapid City-just minutes to Torch Lake, Elk Lak...	4 beds \| 2 baths \| 1,493 sq.ft.	$214,900	Airbnb cash on cash: N/A Traditional cash on cash: 11.1% Airbnb Rental Income: $null Traditional Rental Income: $2602 Airbnb ROI: N/A Traditional ROI: 11.1%
7515 Crystal Beach Road Rapid City, MI Charming 4BR, 2BA Cape Cod just steps from Torch Lake and the Torch River, offering serene...	4 beds \| 2 baths \| 1,400 sq.ft.	$890,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.25% Airbnb Rental Income: $null Traditional Rental Income: $2537 Airbnb ROI: N/A Traditional ROI: 1.25%
6993 NW Aarwood Road Rapid City, MI TORCH LAKE PRIVATE WATERFRONT! This stunning, spacious home featuring an oversized family...	4 beds \| 3 baths \| 3,554 sq.ft.	$1,650,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.58% Airbnb Rental Income: $null Traditional Rental Income: $3694 Airbnb ROI: N/A Traditional ROI: 0.58%
8120 Westview Drive Rapid City, MI Experience 120 feet of access to Elk Lake along with docking privileges. You will have a s...	3 beds \| 2 baths \| 1,561 sq.ft.	$599,900	Airbnb cash on cash: N/A Traditional cash on cash: 3% Airbnb Rental Income: $null Traditional Rental Income: $2647 Airbnb ROI: N/A Traditional ROI: 3%
5719 Main Street Rapid City, MI Perfect little vacation retreat, starter home, or rental property located in the charming ...	2 beds \| 1 baths \| 844 sq.ft.	$175,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.18% Airbnb Rental Income: $null Traditional Rental Income: $1542 Airbnb ROI: N/A Traditional ROI: 6.18%
8224 Aarwood Trl NW Rapid City, MI 8224 Aarwood Trl NW, Rapid City, MI 49676 \| Single Family Residential	4 beds \| 2 baths \| 1,710 sq.ft.	$385,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.5% Airbnb Rental Income: $null Traditional Rental Income: $2270 Airbnb ROI: N/A Traditional ROI: 3.5%
8281 Rapid City Rd Rapid City, MI 8281 Rapid City Rd, Rapid City, MI 49676 \| Single Family Residential	5 beds \| 3 baths \| 1,573 sq.ft.	$359,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.12% Airbnb Rental Income: $null Traditional Rental Income: $2671 Airbnb ROI: N/A Traditional ROI: 5.12%
11951 Cabin Lane Rapid City, MI Bi-level home in a popular subdivision with shared access to a Torch Lake park. This 3-bed...	3 beds \| 2 baths \| 1,598 sq.ft.	$307,500	Airbnb cash on cash: N/A Traditional cash on cash: 6.97% Airbnb Rental Income: $null Traditional Rental Income: $2588 Airbnb ROI: N/A Traditional ROI: 6.97%
8120 Westview Dr Lot : 11 Rapid City, MI 8120 Westview Dr Lot : 11, Rapid City, MI 49676 \| Single Family Residential	3 beds \| 2 baths \| 1,561 sq.ft.	$599,900	Airbnb cash on cash: N/A Traditional cash on cash: -0.42% Airbnb Rental Income: $null Traditional Rental Income: $1333 Airbnb ROI: N/A Traditional ROI: -0.42%
12908 Fairlane Dr Rapid City, MI 12908 Fairlane Dr, Rapid City, MI 49676 \| Single Family Residential	5 beds \| 4 baths \| 3,327 sq.ft.	$2,893,000	Airbnb cash on cash: N/A Traditional cash on cash: -1.25% Airbnb Rental Income: $null Traditional Rental Income: $3616 Airbnb ROI: N/A Traditional ROI: -1.25%
10701 SW Torch Lake Dr Rapid City, MI 10701 SW Torch Lake Dr, Rapid City, MI 49676 \| Single Family Residential	3 beds \| 1 baths \| 995 sq.ft.	$995,000	Airbnb cash on cash: N/A Traditional cash on cash: -1.19% Airbnb Rental Income: $null Traditional Rental Income: $1333 Airbnb ROI: N/A Traditional ROI: -1.19%
13433 Torch River Rd Lot : A Rapid City, MI 13433 Torch River Rd Lot : A, Rapid City, MI 49679 \| Single Family Residential	3 beds \| 2 baths \| 2,800 sq.ft.	$1,695,000	Airbnb cash on cash: N/A Traditional cash on cash: -1.04% Airbnb Rental Income: $null Traditional Rental Income: $2440 Airbnb ROI: N/A Traditional ROI: -1.04%
13433 Torch River Rd Rapid City, MI 13433 Torch River Rd, Rapid City, MI 49679 \| Single Family Residential	3 beds \| 2 baths \| 2,800 sq.ft.	$1,695,000	Airbnb cash on cash: N/A Traditional cash on cash: -1.74% Airbnb Rental Income: $null Traditional Rental Income: $1333 Airbnb ROI: N/A Traditional ROI: -1.74%
13019 Elk Tip Dr Rapid City, MI 13019 Elk Tip Dr, Rapid City, MI 49676 \| Single Family Residential	3 beds \| 2 baths \| 1,626 sq.ft.	$429,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.71% Airbnb Rental Income: $null Traditional Rental Income: $2218 Airbnb ROI: N/A Traditional ROI: 2.71%
14221 Torch River Rd Lot : 12 Rapid City, MI 14221 Torch River Rd Lot : 12, Rapid City, MI 49676 \| Single Family Residential	2 beds \| 1 baths \| 950 sq.ft.	$998,000	Airbnb cash on cash: N/A Traditional cash on cash: -1.26% Airbnb Rental Income: $null Traditional Rental Income: $1276 Airbnb ROI: N/A Traditional ROI: -1.26%
14221 Torch River Rd Rapid City, MI 14221 Torch River Rd, Rapid City, MI 49676 \| Single Family Residential	2 beds \| 1 baths \| 1,250 sq.ft.	$998,000	Airbnb cash on cash: N/A Traditional cash on cash: -1.48% Airbnb Rental Income: $null Traditional Rental Income: $1073 Airbnb ROI: N/A Traditional ROI: -1.48%
72 NW Wood Rd Lot : A-A Rapid City, MI 72 NW Wood Rd Lot : A-A, Rapid City, MI 49676 \| Single Family Residential	2 beds \| 2 baths \| 1,068 sq.ft.	$399,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.56% Airbnb Rental Income: $null Traditional Rental Income: $1625 Airbnb ROI: N/A Traditional ROI: 1.56%

Your search for investment property begins and ends here

Single Family Homes for Sale in Rapid City, MI

12134 Jonathon Drive

Rapid City, MI

4 beds | 3 baths | 1,700 sq.ft.

$374,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.78%

Airbnb Rental Income: $null

Traditional Rental Income: $2972

Airbnb ROI: N/A

Traditional ROI: 6.78%

8281 Rapid City Road

Rapid City, MI

5 beds | 3 baths | 1,573 sq.ft.

$359,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.51%

Airbnb Rental Income: $null

Traditional Rental Income: $1789

Airbnb ROI: N/A

Traditional ROI: 2.51%

72 NW Wood Road

Rapid City, MI

2 beds | 2 baths | 1,568 sq.ft.

$399,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.67%

Airbnb Rental Income: $null

Traditional Rental Income: $2416

Airbnb ROI: N/A

Traditional ROI: 3.67%

12050 Cabin Lane

Rapid City, MI

3 beds | 1 baths | 1,008 sq.ft.

$295,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.83%

Airbnb Rental Income: $null

Traditional Rental Income: $1303

Airbnb ROI: N/A

Traditional ROI: 1.83%

6483 W PLUM VALLEY ROAD NW

Rapid City, MI

1 beds | 1 baths | 866 sq.ft.

$990,000

Airbnb cash on cash: N/A

Traditional cash on cash: 0.2%

Airbnb Rental Income: $null

Traditional Rental Income: $1395

Airbnb ROI: N/A

Traditional ROI: 0.2%

13433 Torch River Road

Rapid City, MI

3 beds | 3 baths | 2,800 sq.ft.

$1,695,000

Airbnb cash on cash: N/A

Traditional cash on cash: 0.48%

Airbnb Rental Income: $null

Traditional Rental Income: $3410

Airbnb ROI: N/A

Traditional ROI: 0.48%

8916 NW VALLEY

Rapid City, MI

4 beds | 2 baths | 1,493 sq.ft.

$214,900

Airbnb cash on cash: N/A

Traditional cash on cash: 11.1%

Airbnb Rental Income: $null

Traditional Rental Income: $2602

Airbnb ROI: N/A

Traditional ROI: 11.1%

7515 Crystal Beach Road

Rapid City, MI

4 beds | 2 baths | 1,400 sq.ft.

$890,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.25%

Airbnb Rental Income: $null

Traditional Rental Income: $2537

Airbnb ROI: N/A