Real Estate Investment Properties for Sale in Sand Lake, MI

Looking for investment property in Sand Lake, MI with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
411 E Lake Street Sand Lake, MI You will love this private retreat sits on 8.95 acers of open and wooded property with fro...	3 beds \| 1 baths \| 1,328 sq.ft.	$449,000	Airbnb cash on cash: 1.27% Traditional cash on cash: 2.61% Airbnb Rental Income: $2073 Traditional Rental Income: $2101 Airbnb ROI: 1.27% Traditional ROI: 2.61%
12765 NE Gregware Drive NE Sand Lake, MI Enjoy Fishing, Boating, and tubing on this lake which also sports several restaurants. ...	3 beds \| 1 baths \| 1,000 sq.ft.	$269,900	Airbnb cash on cash: 3.41% Traditional cash on cash: 4.34% Airbnb Rental Income: $2073 Traditional Rental Income: $1774 Airbnb ROI: 3.41% Traditional ROI: 4.34%
13085 S Englewright Drive Sand Lake, MI Lakefront Retreat on Englewright Lake! Don't miss this unique opportunity in Sand Lake! T...	2 beds \| 2 baths \| 1,265 sq.ft.	$520,000	Airbnb cash on cash: 1.3% Traditional cash on cash: 3.44% Airbnb Rental Income: $1844 Traditional Rental Income: $2388 Airbnb ROI: 1.3% Traditional ROI: 3.44%
16913 Penny Avenue NE Sand Lake, MI Nestled on a peaceful 5-acre sanctuary, this beautifully maintained 3-bedroom, 3-bath char...	3 beds \| 3 baths \| 2,252 sq.ft.	$500,000	Airbnb cash on cash: 1.18% Traditional cash on cash: 4.54% Airbnb Rental Income: $2073 Traditional Rental Income: $3109 Airbnb ROI: 1.18% Traditional ROI: 4.54%
8818 E 128th Street Sand Lake, MI Lake life is a huge luxury, and Michigan provides some of the most amazing lakes to enjoy....	2 beds \| 1 baths \| 1,019 sq.ft.	$350,000	Airbnb cash on cash: 1.64% Traditional cash on cash: 2.91% Airbnb Rental Income: $1844 Traditional Rental Income: $1768 Airbnb ROI: 1.64% Traditional ROI: 2.91%
22681 Scott F Drive Sand Lake, MI Welcome to your dream ranch home! This spacious five-bedroom, two-bathroom residence boast...	5 beds \| 2 baths \| 2,092 sq.ft.	$320,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.54% Airbnb Rental Income: $null Traditional Rental Income: $2876 Airbnb ROI: N/A Traditional ROI: 7.54%
3598 Woods Drive NE Sand Lake, MI 1.5 acres and 180 feet of frontage on all-sports Middle lake! Located conveniently within ...	2 beds \| 1 baths \| 480 sq.ft.	$199,900	Airbnb cash on cash: 4.58% Traditional cash on cash: 5.04% Airbnb Rental Income: $1844 Traditional Rental Income: $1435 Airbnb ROI: 4.58% Traditional ROI: 5.04%
22133 Leota Drive Sand Lake, MI Welcome to this stunning lakefront home offering every amenity for luxury living on Sand L...	3 beds \| 3 baths \| 3,170 sq.ft.	$895,000	Airbnb cash on cash: 0.08% Traditional cash on cash: 2.53% Airbnb Rental Income: $2073 Traditional Rental Income: $3583 Airbnb ROI: 0.08% Traditional ROI: 2.53%
363 W Lake Street #106 &107 Sand Lake, MI Your Perfect Summer Escape Awaits! Welcome to Paradise Cove, Lot 106 & 107, your idyllic ...	1 beds \| 1 baths \| 600 sq.ft.	$100,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.12% Airbnb Rental Income: $null Traditional Rental Income: $1236 Airbnb ROI: N/A Traditional ROI: 8.12%
138 Andrea Drive Sand Lake, MI Welcome Home. This 4 bedroom, 2.5 bath home sits on almost an acre, corner lot in walking ...	4 beds \| 3 baths \| 1,974 sq.ft.	$331,500	Airbnb cash on cash: 1.34% Traditional cash on cash: 7.06% Airbnb Rental Income: $1503 Traditional Rental Income: $2846 Airbnb ROI: 1.34% Traditional ROI: 7.06%
12915 S Englewright Drive Sand Lake, MI Dont miss out on this rare opportunity to own a piece of paradise on Englewright Lake! Th...	2 beds \| 1 baths \| 932 sq.ft.	$334,900	Airbnb cash on cash: 1.98% Traditional cash on cash: 3.01% Airbnb Rental Income: $1844 Traditional Rental Income: $1673 Airbnb ROI: 1.98% Traditional ROI: 3.01%
23967 Derek Drive Sand Lake, MI Check out this 3 bed 2 bath 1&1\2 story home with full basement on 1.68 acres! This is an ...	3 beds \| 2 baths \| 2,050 sq.ft.	$269,900	Airbnb cash on cash: 4.13% Traditional cash on cash: 8.26% Airbnb Rental Income: $2073 Traditional Rental Income: $2591 Airbnb ROI: 4.13% Traditional ROI: 8.26%
141 Dana Lane Sand Lake, MI This 3-bedroom, 2-bath home is ideally located less than a mile from Sand Lake public acce...	3 beds \| 2 baths \| 1,960 sq.ft.	$299,500	Airbnb cash on cash: 3.56% Traditional cash on cash: 7.72% Airbnb Rental Income: $2073 Traditional Rental Income: $2712 Airbnb ROI: 3.56% Traditional ROI: 7.72%
17876 Ritchie Avenue Sand Lake, MI Step inside this stunning 3-bedroom, 2-bath home where comfort meets timeless style. The h...	3 beds \| 2 baths \| 2,370 sq.ft.	$400,000	Airbnb cash on cash: 1.21% Traditional cash on cash: 4.75% Airbnb Rental Income: $2073 Traditional Rental Income: $2868 Airbnb ROI: 1.21% Traditional ROI: 4.75%
151 Cedar Street Sand Lake, MI Welcome to 151 Cedar! This 2 bed 2 bath home sits on 7 acres just outside of Sand Lake. Th...	2 beds \| 2 baths \| 1,056 sq.ft.	$225,000	Airbnb cash on cash: 4.1% Traditional cash on cash: 6.45% Airbnb Rental Income: $1844 Traditional Rental Income: $1847 Airbnb ROI: 4.1% Traditional ROI: 6.45%
13105 S Englewright Drive Sand Lake, MI Wake up to the gentle shimmer of Englewright Lake right outside your window in this inviti...	3 beds \| 2 baths \| 1,850 sq.ft.	$450,000	Airbnb cash on cash: 1.58% Traditional cash on cash: 4.92% Airbnb Rental Income: $2073 Traditional Rental Income: $2949 Airbnb ROI: 1.58% Traditional ROI: 4.92%

Real Estate investment in Sand-lake, MI

There are 16 properties for sale in the city of Sand Lake . The median list price in Sand Lake is $331,500 and the average price per square foot is $208. In September 2025, the average monthly cash on cash return in Sand Lake is 5.00%. The average monthly rental income in Sand Lake is $2,505.

Sand-lake, MI Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 16 investment properties available for sale in Sand-lake.

In 2025, the best neighborhood to buy investment property is Sand Lake.

The ROI for Long-Term is higher than the Short-Term in Sand-lake with average rental income of $2,505.

Your search for investment property begins and ends here

Investment Property for Sale in Sand Lake, MI

411 E Lake Street

Sand Lake, MI

3 beds | 1 baths | 1,328 sq.ft.

$449,000

Airbnb cash on cash: 1.27%

Traditional cash on cash: 2.61%

Airbnb Rental Income: $2073

Traditional Rental Income: $2101

Airbnb ROI: 1.27%

Traditional ROI: 2.61%

12765 NE Gregware Drive NE

Sand Lake, MI

3 beds | 1 baths | 1,000 sq.ft.

$269,900

Airbnb cash on cash: 3.41%

Traditional cash on cash: 4.34%

Airbnb Rental Income: $2073

Traditional Rental Income: $1774

Airbnb ROI: 3.41%

Traditional ROI: 4.34%

13085 S Englewright Drive

Sand Lake, MI

2 beds | 2 baths | 1,265 sq.ft.

$520,000

Airbnb cash on cash: 1.3%

Traditional cash on cash: 3.44%

Airbnb Rental Income: $1844

Traditional Rental Income: $2388

Airbnb ROI: 1.3%

Traditional ROI: 3.44%

16913 Penny Avenue NE

Sand Lake, MI

3 beds | 3 baths | 2,252 sq.ft.

$500,000

Airbnb cash on cash: 1.18%

Traditional cash on cash: 4.54%

Airbnb Rental Income: $2073

Traditional Rental Income: $3109

Airbnb ROI: 1.18%

Traditional ROI: 4.54%

8818 E 128th Street

Sand Lake, MI

2 beds | 1 baths | 1,019 sq.ft.

$350,000

Airbnb cash on cash: 1.64%

Traditional cash on cash: 2.91%

Airbnb Rental Income: $1844

Traditional Rental Income: $1768

Airbnb ROI: 1.64%

Traditional ROI: 2.91%

22681 Scott F Drive

Sand Lake, MI

5 beds | 2 baths | 2,092 sq.ft.

$320,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.54%

Airbnb Rental Income: $null

Traditional Rental Income: $2876

Airbnb ROI: N/A

Traditional ROI: 7.54%

3598 Woods Drive NE

Sand Lake, MI

2 beds | 1 baths | 480 sq.ft.

$199,900

Airbnb cash on cash: 4.58%

Traditional cash on cash: 5.04%

Airbnb Rental Income: $1844

Traditional Rental Income: $1435

Airbnb ROI: 4.58%

Traditional ROI: 5.04%

22133 Leota Drive

Sand Lake, MI

3 beds | 3 baths | 3,170 sq.ft.

$895,000

Airbnb cash on cash: 0.08%

Traditional cash on cash: 2.53%

Airbnb Rental Income: $2073

Traditional Rental Income: $3583

Airbnb ROI: 0.08%