Real Estate Investment Properties for Sale in Rapid River, MI

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
6223 CR 513 T Rapid River, MI Discover this stunning home on Stonington Peninsula nestled on 25.85 acres with 650ft of s...	3 beds \| 3 baths \| 3,860 sq.ft.	$695,000	Airbnb cash on cash: -0.53% Traditional cash on cash: 2.36% Airbnb Rental Income: $1890 Traditional Rental Income: $3263 Airbnb ROI: -0.53% Traditional ROI: 2.36%
4383 Deerfield T Rapid River, MI Discover the perfect blend of rustic charm and lakeside living with this cozy, fully furni...	3 beds \| N/A baths \| 840 sq.ft.	$245,000	Airbnb cash on cash: 2.4% Traditional cash on cash: 4.57% Airbnb Rental Income: $1890 Traditional Rental Income: $1888 Airbnb ROI: 2.4% Traditional ROI: 4.57%
14038 24.5 Rapid River, MI Rustic Elegance Meets Lakeside Living â Full Log Cabin on Moss Lake Discover the charm o...	2 beds \| 1 baths \| 1,178 sq.ft.	$430,000	Airbnb cash on cash: 0.46% Traditional cash on cash: 3.83% Airbnb Rental Income: $1098 Traditional Rental Income: $2084 Airbnb ROI: 0.46% Traditional ROI: 3.83%
7865 Michigan Rapid River, MI Perfect family home on 2 lots. Traditional 2 story, with separate dining room and living ...	4 beds \| 1 baths \| 1,880 sq.ft.	$149,900	Airbnb cash on cash: N/A Traditional cash on cash: 11.26% Airbnb Rental Income: $null Traditional Rental Income: $2024 Airbnb ROI: N/A Traditional ROI: 11.26%
4293 Deerfield T Rapid River, MI Lake Michigan Waterfront Getaway! Enjoy 100 feet of stunning Lake Michigan frontage with t...	2 beds \| 1 baths \| 936 sq.ft.	$249,900	Airbnb cash on cash: -0.41% Traditional cash on cash: 5.29% Airbnb Rental Income: $1098 Traditional Rental Income: $2071 Airbnb ROI: -0.41% Traditional ROI: 5.29%
9157 Co 513 T Rapid River, MI Built by Cross Construction in 2021, this custom home blends thoughtful design with high-q...	2 beds \| 2 baths \| 1,156 sq.ft.	$425,000	Airbnb cash on cash: -0.93% Traditional cash on cash: 3.63% Airbnb Rental Income: $1098 Traditional Rental Income: $2544 Airbnb ROI: -0.93% Traditional ROI: 3.63%
7657 IDLEWOOD 15.5 #7657 Rapid River, MI 3 BEDROOM 1.5 BATH HOME NESTLED ON THE SHORE OF LITTLE BAY DE NOC. 138' OF FRONTAGE WITH J...	3 beds \| 2 baths \| 1,441 sq.ft.	$215,000	Airbnb cash on cash: 3.83% Traditional cash on cash: 9.77% Airbnb Rental Income: $1890 Traditional Rental Income: $2597 Airbnb ROI: 3.83% Traditional ROI: 9.77%
8154 23rd Rapid River, MI Enjoy 128 feet of private sugar-sand beach with great depth right off shoreâperfect for ...	1 beds \| 1 baths \| 1,592 sq.ft.	$365,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.95% Airbnb Rental Income: $null Traditional Rental Income: $1800 Airbnb ROI: N/A Traditional ROI: 2.95%

Real Estate investment in Rapid-river, MI

There are 12 properties for sale in the city of Rapid River . The median list price in Rapid River is $249,900 and the average price per square foot is $180. In September 2025, the average monthly cash on cash return in Rapid River is 5.00%. The average monthly rental income in Rapid River is $2,024.

Rapid-river, MI Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 12 investment properties available for sale in Rapid-river.

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

The ROI for Long-Term is higher than the Short-Term in Rapid-river with average rental income of $2,024.

Your search for investment property begins and ends here

Investment Property for Sale in Rapid River, MI

6223 CR 513 T

Rapid River, MI

3 beds | 3 baths | 3,860 sq.ft.

$695,000

Airbnb cash on cash: -0.53%

Traditional cash on cash: 2.36%

Airbnb Rental Income: $1890

Traditional Rental Income: $3263

Airbnb ROI: -0.53%

Traditional ROI: 2.36%

4383 Deerfield T

Rapid River, MI

3 beds | N/A baths | 840 sq.ft.

$245,000

Airbnb cash on cash: 2.4%

Traditional cash on cash: 4.57%

Airbnb Rental Income: $1890

Traditional Rental Income: $1888

Airbnb ROI: 2.4%

Traditional ROI: 4.57%

14038 24.5

Rapid River, MI

2 beds | 1 baths | 1,178 sq.ft.

$430,000

Airbnb cash on cash: 0.46%

Traditional cash on cash: 3.83%

Airbnb Rental Income: $1098

Traditional Rental Income: $2084

Airbnb ROI: 0.46%

Traditional ROI: 3.83%

7865 Michigan

Rapid River, MI

4 beds | 1 baths | 1,880 sq.ft.

$149,900

Airbnb cash on cash: N/A

Traditional cash on cash: 11.26%

Airbnb Rental Income: $null

Traditional Rental Income: $2024

Airbnb ROI: N/A

Traditional ROI: 11.26%

4293 Deerfield T

Rapid River, MI

2 beds | 1 baths | 936 sq.ft.

$249,900

Airbnb cash on cash: -0.41%

Traditional cash on cash: 5.29%

Airbnb Rental Income: $1098

Traditional Rental Income: $2071

Airbnb ROI: -0.41%

Traditional ROI: 5.29%

9157 Co 513 T

Rapid River, MI

2 beds | 2 baths | 1,156 sq.ft.

$425,000

Airbnb cash on cash: -0.93%

Traditional cash on cash: 3.63%

Airbnb Rental Income: $1098

Traditional Rental Income: $2544

Airbnb ROI: -0.93%

Traditional ROI: 3.63%

7657 IDLEWOOD 15.5 #7657

Rapid River, MI

3 beds | 2 baths | 1,441 sq.ft.

$215,000

Airbnb cash on cash: 3.83%

Traditional cash on cash: 9.77%

Airbnb Rental Income: $1890

Traditional Rental Income: $2597

Airbnb ROI: 3.83%

Traditional ROI: 9.77%

8154 23rd

Rapid River, MI

1 beds | 1 baths | 1,592 sq.ft.

$365,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.95%

Airbnb Rental Income: $null

Traditional Rental Income: $1800

Airbnb ROI: N/A