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 21 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
6836 NW Aarwood Trail Rapid City, MI Looking for a turn-key short term rental opportunity? Welcome to the Rapid River Retreat- ...	4 beds \| 3 baths \| 2,503 sq.ft.	$784,900	Airbnb cash on cash: -0.6% Traditional cash on cash: 2.11% Airbnb Rental Income: $2029 Traditional Rental Income: $3485 Airbnb ROI: -0.6% Traditional ROI: 2.11%
8112 LAKESIDE TRAIL Rapid City, MI This beautiful raised ranch offers 137 feet of private frontage on Skegemog Lake, part of ...	4 beds \| 4 baths \| 2,562 sq.ft.	$1,599,000	Airbnb cash on cash: -0.34% Traditional cash on cash: 1.23% Airbnb Rental Income: $2029 Traditional Rental Income: $3834 Airbnb ROI: -0.34% Traditional ROI: 1.23%
9818 Rapid City Road NW Rapid City, MI Charming Cabin Near Torch Lake Sandbar â Fully Furnished & Move-In Ready! Nestled just ...	2 beds \| 1 baths \| 768 sq.ft.	$225,000	Airbnb cash on cash: 0.69% Traditional cash on cash: 4.22% Airbnb Rental Income: $960 Traditional Rental Income: $1362 Airbnb ROI: 0.69% Traditional ROI: 4.22%
8924 Cherry Avenue Rapid City, MI Welcome to lake living at its absolute finest. This 5 bed/6 bath home has been completely ...	5 beds \| 5 baths \| 3,220 sq.ft.	$2,980,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.3% Airbnb Rental Income: $null Traditional Rental Income: $4533 Airbnb ROI: N/A Traditional ROI: 0.3%
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: -0.53% Traditional cash on cash: 0.2% Airbnb Rental Income: $1097 Traditional Rental Income: $1395 Airbnb ROI: -0.53% Traditional ROI: 0.2%
12003 Barkley Lane #2 Rapid City, MI Exceptional location situated between Elk and Torch Lakes, featuring beautiful cherry orch...	3 beds \| 2 baths \| 1,440 sq.ft.	$514,900	Airbnb cash on cash: 0.15% Traditional cash on cash: 2.35% Airbnb Rental Income: $1888 Traditional Rental Income: $2443 Airbnb ROI: 0.15% Traditional ROI: 2.35%
11888 Hickin Road Rapid City, MI Three bedroom, two bath home with picture window and deck views of Torch Lake. Open floor ...	3 beds \| 2 baths \| 1,512 sq.ft.	$375,000	Airbnb cash on cash: 1.8% Traditional cash on cash: 5.04% Airbnb Rental Income: $1888 Traditional Rental Income: $2525 Airbnb ROI: 1.8% Traditional ROI: 5.04%
11375 SW Torch Lake Drive Rapid City, MI Motivated Seller - Estate sale and ready to settle quickly. This waterfront, move-in ready...	4 beds \| 2 baths \| 2,072 sq.ft.	$1,399,000	Airbnb cash on cash: -0.16% Traditional cash on cash: 0.97% Airbnb Rental Income: $2029 Traditional Rental Income: $2971 Airbnb ROI: -0.16% Traditional ROI: 0.97%
11401 Orchard Drive Rapid City, MI Great location off of SW Torch Lake Drive in Orchard Hills is the setting for this 3-bedro...	3 beds \| 2 baths \| 1,260 sq.ft.	$399,000	Airbnb cash on cash: 2.02% Traditional cash on cash: 4.43% Airbnb Rental Income: $1888 Traditional Rental Income: $2284 Airbnb ROI: 2.02% Traditional ROI: 4.43%
7657 NW BLAKE AVENUE Rapid City, MI This large fixer-upper home features three spacious bedrooms and two baths, providing plen...	3 beds \| 2 baths \| 2,356 sq.ft.	$225,000	Airbnb cash on cash: 4.32% Traditional cash on cash: 10.34% Airbnb Rental Income: $1888 Traditional Rental Income: $2667 Airbnb ROI: 4.32% Traditional ROI: 10.34%
13433 Torch River Road Rapid City, MI Torch River with 125 ft. of quiet crystal clear peaceful frontage. Only 3/4 of a mile fr...	3 beds \| 3 baths \| 2,800 sq.ft.	$1,895,000	Airbnb cash on cash: -0.82% Traditional cash on cash: 0.33% Airbnb Rental Income: $1888 Traditional Rental Income: $3410 Airbnb ROI: -0.82% Traditional ROI: 0.33%
6451 Arts Road Rapid City, MI Location, Location, Location and immediate occupancy. A very nice home on 11 acres (Zoned ...	3 beds \| 2 baths \| 906 sq.ft.	$229,900	Airbnb cash on cash: 4.73% Traditional cash on cash: 7.2% Airbnb Rental Income: $1888 Traditional Rental Income: $1923 Airbnb ROI: 4.73% Traditional ROI: 7.2%
8916 NW VALLEY Rapid City, MI Picture This! Your New Home 2025 outside of Rapid City-just minutes to Torch Lake, Lake Sk...	4 beds \| 2 baths \| 1,493 sq.ft.	$218,800	Airbnb cash on cash: 5.58% Traditional cash on cash: 10.89% Airbnb Rental Income: $2029 Traditional Rental Income: $2602 Airbnb ROI: 5.58% Traditional ROI: 10.89%
8918 NW VALLEY Rapid City, MI Picture This! Your New Home 2025 outside of Rapid City-just minutes to Torch Lake, Lake Sk...	4 beds \| 2 baths \| 1,493 sq.ft.	$224,800	Airbnb cash on cash: 5.41% Traditional cash on cash: 10.59% Airbnb Rental Income: $2029 Traditional Rental Income: $2605 Airbnb ROI: 5.41% Traditional ROI: 10.59%
12094 Highland View Drive Rapid City, MI TORCH LAKE ACCESS! This custom-built, 3-bedroom, 3-bath home is a private oasis situated o...	3 beds \| 3 baths \| 2,346 sq.ft.	$749,900	Airbnb cash on cash: 0.4% Traditional cash on cash: 2.83% Airbnb Rental Income: $1888 Traditional Rental Income: $3085 Airbnb ROI: 0.4% Traditional ROI: 2.83%
6158 Aarwood Road NW Rapid City, MI Welcome to Black Cedar Cabin - built in 2024 and perfectly set on 2.2 wooded acres with ov...	2 beds \| 2 baths \| 1,874 sq.ft.	$525,000	Airbnb cash on cash: -0.82% Traditional cash on cash: 3.95% Airbnb Rental Income: $960 Traditional Rental Income: $2949 Airbnb ROI: -0.82% Traditional ROI: 3.95%
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.	$1,090,000	Airbnb cash on cash: -0.18% Traditional cash on cash: 0.84% Airbnb Rental Income: $2029 Traditional Rental Income: $2537 Airbnb ROI: -0.18% Traditional ROI: 0.84%
9431 SHELLWAY DRIVE Rapid City, MI Torch River home, perfect location on the river but off the main channel for less traffic...	3 beds \| 3 baths \| 1,859 sq.ft.	$899,900	Airbnb cash on cash: -0.99% Traditional cash on cash: 1.26% Airbnb Rental Income: $1888 Traditional Rental Income: $3272 Airbnb ROI: -0.99% Traditional ROI: 1.26%
6576 W Plum Valley Road NW Rapid City, MI Torch Lake sand bar is calling! Up north adventures are all around this charming 3-bedroom...	3 beds \| 2 baths \| 1,456 sq.ft.	$300,000	Airbnb cash on cash: 2.62% Traditional cash on cash: 5.85% Airbnb Rental Income: $1888 Traditional Rental Income: $2296 Airbnb ROI: 2.62% Traditional ROI: 5.85%
12442 Stallman Road Rapid City, MI Private Retreat with Stunning Country Views. Built in 2020, this beautifully designed 2...	2 beds \| 1 baths \| 1,056 sq.ft.	$395,000	Airbnb cash on cash: -0.26% Traditional cash on cash: 3.06% Airbnb Rental Income: $960 Traditional Rental Income: $1841 Airbnb ROI: -0.26% Traditional ROI: 3.06%
12000 Barkley Lane #3 Rapid City, MI Exceptional location situated between Elk and Torch Lakes, featuring beautiful cherry orch...	3 beds \| 3 baths \| 1,772 sq.ft.	$575,900	Airbnb cash on cash: -0.13% Traditional cash on cash: 2.61% Airbnb Rental Income: $1888 Traditional Rental Income: $2859 Airbnb ROI: -0.13% Traditional ROI: 2.61%

Your search for investment property begins and ends here

Single Family Homes for Sale in Rapid City, MI

6836 NW Aarwood Trail

Rapid City, MI

4 beds | 3 baths | 2,503 sq.ft.

$784,900

Airbnb cash on cash: -0.6%

Traditional cash on cash: 2.11%

Airbnb Rental Income: $2029

Traditional Rental Income: $3485

Airbnb ROI: -0.6%

Traditional ROI: 2.11%

8112 LAKESIDE TRAIL

Rapid City, MI

4 beds | 4 baths | 2,562 sq.ft.

$1,599,000

Airbnb cash on cash: -0.34%

Traditional cash on cash: 1.23%

Airbnb Rental Income: $2029

Traditional Rental Income: $3834

Airbnb ROI: -0.34%

Traditional ROI: 1.23%

9818 Rapid City Road NW

Rapid City, MI

2 beds | 1 baths | 768 sq.ft.

$225,000

Airbnb cash on cash: 0.69%

Traditional cash on cash: 4.22%

Airbnb Rental Income: $960

Traditional Rental Income: $1362

Airbnb ROI: 0.69%

Traditional ROI: 4.22%

8924 Cherry Avenue

Rapid City, MI

5 beds | 5 baths | 3,220 sq.ft.

$2,980,000

Airbnb cash on cash: N/A

Traditional cash on cash: 0.3%

Airbnb Rental Income: $null

Traditional Rental Income: $4533

Airbnb ROI: N/A

Traditional ROI: 0.3%

6483 W PLUM VALLEY ROAD NW

Rapid City, MI

1 beds | 1 baths | 866 sq.ft.

$990,000

Airbnb cash on cash: -0.53%

Traditional cash on cash: 0.2%

Airbnb Rental Income: $1097

Traditional Rental Income: $1395

Airbnb ROI: -0.53%

Traditional ROI: 0.2%

12003 Barkley Lane #2

Rapid City, MI

3 beds | 2 baths | 1,440 sq.ft.

$514,900

Airbnb cash on cash: 0.15%

Traditional cash on cash: 2.35%

Airbnb Rental Income: $1888

Traditional Rental Income: $2443

Airbnb ROI: 0.15%

Traditional ROI: 2.35%

11888 Hickin Road

Rapid City, MI

3 beds | 2 baths | 1,512 sq.ft.

$375,000

Airbnb cash on cash: 1.8%

Traditional cash on cash: 5.04%

Airbnb Rental Income: $1888

Traditional Rental Income: $2525

Airbnb ROI: 1.8%

Traditional ROI: 5.04%

11375 SW Torch Lake Drive

Rapid City, MI

4 beds | 2 baths | 2,072 sq.ft.

$1,399,000

Airbnb cash on cash: -0.16%

Traditional cash on cash: 0.97%

Airbnb Rental Income: $2029

Traditional Rental Income: $2971

Airbnb ROI: -0.16%