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
14038 24.5 Lane Rapid River, MI Rustic Elegance Meets Lakeside Living - Full Log Cabin on Moss Lake Discover the charm of ...	2 beds \| 1 baths \| 1,488 sq.ft.	$399,000	Airbnb cash on cash: 0.78% Traditional cash on cash: 4.2% Airbnb Rental Income: $1189 Traditional Rental Income: $2084 Airbnb ROI: 0.78% Traditional ROI: 4.2%
9157 Co Rd 513 Rd 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.	$389,999	Airbnb cash on cash: -0.59% Traditional cash on cash: 4.18% Airbnb Rental Income: $1189 Traditional Rental Income: $2544 Airbnb ROI: -0.59% Traditional ROI: 4.18%
7405 Sunset S.75 Ln Rapid River, MI Lake Michigan Waterfront Living in Rapid River! Enjoy 100 feet of Lake Michigan frontage f...	3 beds \| 2 baths \| 1,518 sq.ft.	$350,000	Airbnb cash on cash: 1.74% Traditional cash on cash: 6.47% Airbnb Rental Income: $1527 Traditional Rental Income: $2639 Airbnb ROI: 1.74% Traditional ROI: 6.47%
7660 R.75 Lane Rapid River, MI On the shores of Little Bay De Doc and down the scenic Stonington Peninsula, lies this idy...	5 beds \| 3 baths \| 2,700 sq.ft.	$1,335,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.26% Airbnb Rental Income: $null Traditional Rental Income: $2911 Airbnb ROI: N/A Traditional ROI: -0.26%
9904 US 2 Hwy Rapid River, MI This property features a 4 bed 2 bath home built in just 2009. 150+ acres of excellent tra...	4 beds \| 2 baths \| 2,260 sq.ft.	$459,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.72% Airbnb Rental Income: $null Traditional Rental Income: $2353 Airbnb ROI: N/A Traditional ROI: 2.72%
8391 U.6 Ln Rapid River, MI Welcome to your riverside retreat featuring 100' of frontage on the Whitefish River! This ...	2 beds \| 1 baths \| 820 sq.ft.	$170,000	Airbnb cash on cash: 1.86% Traditional cash on cash: 7.46% Airbnb Rental Income: $1189 Traditional Rental Income: $1709 Airbnb ROI: 1.86% Traditional ROI: 7.46%
7952 Garth Point 25.25 Ln Rapid River, MI 7952 Garth Point 25.25 Ln, Rapid River, MI 49878 \| Other	N/A beds \| N/A baths \| 938 sq.ft.	$139,000	Airbnb cash on cash: 1.05% Traditional cash on cash: 4.85% Airbnb Rental Income: $907 Traditional Rental Income: $1074 Airbnb ROI: 1.05% Traditional ROI: 4.85%
7683 US2 Hwy Rapid River, MI 7683 US2 Hwy, Rapid River, MI 49878 \| Other	N/A beds \| N/A baths \| N/A	$49,900	Airbnb cash on cash: 6.86% Traditional cash on cash: 11.47% Airbnb Rental Income: $907 Traditional Rental Income: $801 Airbnb ROI: 6.86% Traditional ROI: 11.47%
11467 Provo Ln Rapid River, MI 11467 Provo Ln, Rapid River, MI 49878 \| Single Family Residential	6 beds \| 2 baths \| 2,912 sq.ft.	$1,350,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.55% Airbnb Rental Income: $null Traditional Rental Income: $2582 Airbnb ROI: N/A Traditional ROI: -0.55%
12451 15.5 Rd Rapid River, MI Tucked deep in the heart of Michigan's Upper Peninsula, this secluded 35-acre retreat is t...	1 beds \| N/A baths \| 600 sq.ft.	$99,900	Airbnb cash on cash: 5.68% Traditional cash on cash: 10.76% Airbnb Rental Income: $1291 Traditional Rental Income: $1380 Airbnb ROI: 5.68% Traditional ROI: 10.76%
3962 New Wilsey Bay U.25 Rd Rapid River, MI LAKE MICHIGAN WATERFRONT PARADISE ON THE STONINGTON PENINSULA! Get ready to experience eve...	1 beds \| 1 baths \| 480 sq.ft.	$229,900	Airbnb cash on cash: 2.43% Traditional cash on cash: 5.29% Airbnb Rental Income: $1291 Traditional Rental Income: $1509 Airbnb ROI: 2.43% Traditional ROI: 5.29%
5217 County Road 513 T Rapid River, MI Rare opportunity to own a beautiful waterfront property on Michigan's stunning Stonington ...	2 beds \| 1 baths \| 740 sq.ft.	$180,000	Airbnb cash on cash: 2.86% Traditional cash on cash: 7.36% Airbnb Rental Income: $1189 Traditional Rental Income: $1573 Airbnb ROI: 2.86% Traditional ROI: 7.36%
5870 Juniper AA Ln Rapid River, MI Newer Construction Waterfront Retreat in Stonington! Completely renovated approximately fi...	2 beds \| 1 baths \| 1,440 sq.ft.	$465,000	Airbnb cash on cash: -0.03% Traditional cash on cash: 2.56% Airbnb Rental Income: $1189 Traditional Rental Income: $1929 Airbnb ROI: -0.03% Traditional ROI: 2.56%
8960 Cty 513 T Rd Rapid River, MI Welcome home to this beautifully maintained 5-bedroom, 3-bath home nestled on one and a ha...	5 beds \| 3 baths \| 1,783 sq.ft.	$405,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.35% Airbnb Rental Income: $null Traditional Rental Income: $2928 Airbnb ROI: N/A Traditional ROI: 6.35%
9744 US 2 Hwy Rapid River, MI Conveniently located 10 minutes from Gladstone, 20 minutes from Escanaba, and 30 Minutes f...	3 beds \| 1 baths \| 1,048 sq.ft.	$147,500	Airbnb cash on cash: 5.41% Traditional cash on cash: 9.63% Airbnb Rental Income: $1527 Traditional Rental Income: $1679 Airbnb ROI: 5.41% Traditional ROI: 9.63%
4301 Deerfield T Ln Rapid River, MI 4301 Deerfield T Ln, Rapid River, MI 49878 \| Single Family Residential	3 beds \| 1 baths \| 1,328 sq.ft.	$294,900	Airbnb cash on cash: 1.05% Traditional cash on cash: 3.63% Airbnb Rental Income: $1527 Traditional Rental Income: $1802 Airbnb ROI: 1.05% Traditional ROI: 3.63%
10758 S.75 Rd Rapid River, MI 10758 S.75 Rd, Rapid River, MI 49878 \| Single Family Residential	3 beds \| 2 baths \| 1,178 sq.ft.	$230,500	Airbnb cash on cash: 2.02% Traditional cash on cash: 6.18% Airbnb Rental Income: $1527 Traditional Rental Income: $1990 Airbnb ROI: 2.02% Traditional ROI: 6.18%
TBD US 41 Hwy Rapid River, MI TBD US 41 Hwy, Rapid River, MI 49878 \| Other	N/A beds \| N/A baths \| N/A	$140,000	Airbnb cash on cash: 1.02% Traditional cash on cash: 3.6% Airbnb Rental Income: $907 Traditional Rental Income: $913 Airbnb ROI: 1.02% Traditional ROI: 3.6%
TBD Off Sunny Brook LN Ln Rapid River, MI TBD Off Sunny Brook LN Ln, Rapid River, MI 49878 \| Other	N/A beds \| N/A baths \| N/A	$180,000	Airbnb cash on cash: 0.25% Traditional cash on cash: 2.27% Airbnb Rental Income: $907 Traditional Rental Income: $913 Airbnb ROI: 0.25% Traditional ROI: 2.27%
8789 38th Rd Rapid River, MI 8789 38th Rd, Rapid River, MI 49878 \| Other	N/A beds \| N/A baths \| 400 sq.ft.	$99,000	Airbnb cash on cash: 2.43% Traditional cash on cash: 6.02% Airbnb Rental Income: $907 Traditional Rental Income: $913 Airbnb ROI: 2.43% Traditional ROI: 6.02%
TBD Garth Point 25.25 Ln Rapid River, MI TBD Garth Point 25.25 Ln, Rapid River, MI 49878 \| Other	N/A beds \| N/A baths \| N/A	$130,000	Airbnb cash on cash: 1.28% Traditional cash on cash: 4.05% Airbnb Rental Income: $907 Traditional Rental Income: $913 Airbnb ROI: 1.28% Traditional ROI: 4.05%
7377 Sunset S.75 Ln Rapid River, MI 7377 Sunset S.75 Ln, Rapid River, MI 49878 \| Other	N/A beds \| N/A baths \| N/A	$325,000	Airbnb cash on cash: -0.97% Traditional cash on cash: 0.16% Airbnb Rental Income: $907 Traditional Rental Income: $913 Airbnb ROI: -0.97% Traditional ROI: 0.16%
10844 Finn 18.5 Rd Rapid River, MI 10844 Finn 18.5 Rd, Rapid River, MI 49878 \| Single Family Residential	1 beds \| 1 baths \| 1,012 sq.ft.	$285,000	Airbnb cash on cash: 0.43% Traditional cash on cash: 1.63% Airbnb Rental Income: $1291 Traditional Rental Income: $1208 Airbnb ROI: 0.43% Traditional ROI: 1.63%

Real Estate investment in Rapid-river, MI

There are 30 properties for sale in the city of Rapid River . The median list price in Rapid River is $164,900 and the average price per square foot is $119. In September 2026, the average monthly cash on cash return in Rapid River is 7.00%. The average monthly rental income in Rapid River is $1,380.

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

There are 30 investment properties available for sale in Rapid-river.

In 2026, 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 $1,380.

Your search for investment property begins and ends here

Investment Property for Sale in Rapid River, MI

14038 24.5 Lane

Rapid River, MI

2 beds | 1 baths | 1,488 sq.ft.

$399,000

Airbnb cash on cash: 0.78%

Traditional cash on cash: 4.2%

Airbnb Rental Income: $1189

Traditional Rental Income: $2084

Airbnb ROI: 0.78%

Traditional ROI: 4.2%

9157 Co Rd 513 Rd

Rapid River, MI

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

$389,999

Airbnb cash on cash: -0.59%

Traditional cash on cash: 4.18%

Airbnb Rental Income: $1189

Traditional Rental Income: $2544

Airbnb ROI: -0.59%

Traditional ROI: 4.18%

7405 Sunset S.75 Ln

Rapid River, MI

3 beds | 2 baths | 1,518 sq.ft.

$350,000

Airbnb cash on cash: 1.74%

Traditional cash on cash: 6.47%

Airbnb Rental Income: $1527

Traditional Rental Income: $2639

Airbnb ROI: 1.74%

Traditional ROI: 6.47%

7660 R.75 Lane

Rapid River, MI

5 beds | 3 baths | 2,700 sq.ft.

$1,335,000

Airbnb cash on cash: N/A

Traditional cash on cash: -0.26%

Airbnb Rental Income: $null

Traditional Rental Income: $2911

Airbnb ROI: N/A

Traditional ROI: -0.26%

9904 US 2 Hwy

Rapid River, MI

4 beds | 2 baths | 2,260 sq.ft.

$459,900

Airbnb cash on cash: N/A

Traditional cash on cash: 2.72%

Airbnb Rental Income: $null

Traditional Rental Income: $2353

Airbnb ROI: N/A

Traditional ROI: 2.72%

8391 U.6 Ln

Rapid River, MI

2 beds | 1 baths | 820 sq.ft.

$170,000

Airbnb cash on cash: 1.86%

Traditional cash on cash: 7.46%

Airbnb Rental Income: $1189

Traditional Rental Income: $1709

Airbnb ROI: 1.86%

Traditional ROI: 7.46%

7952 Garth Point 25.25 Ln

Rapid River, MI

N/A beds | N/A baths | 938 sq.ft.

$139,000

Airbnb cash on cash: 1.05%

Traditional cash on cash: 4.85%

Airbnb Rental Income: $907

Traditional Rental Income: $1074

Airbnb ROI: 1.05%

Traditional ROI: 4.85%

7683 US2 Hwy

Rapid River, MI

N/A beds | N/A baths | N/A

$49,900

Airbnb cash on cash: 6.86%

Traditional cash on cash: 11.47%

Airbnb Rental Income: $907

Traditional Rental Income: $801

Airbnb ROI: 6.86%