Real Estate Investment Properties for Sale in Saranac, MI

Looking for investment property in Saranac, MI with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
8198 Morrison Lake Gardens Saranac, MI Lifestyle is the word. Cozy 2BR cottage awaits on all-sports Morrison Lake in Saranac, Mic...	2 beds \| 1 baths \| 1,176 sq.ft.	$240,000	Airbnb cash on cash: -0.62% Traditional cash on cash: 4.42% Airbnb Rental Income: $871 Traditional Rental Income: $1681 Airbnb ROI: -0.62% Traditional ROI: 4.42%
4185 Jackson Rd Saranac, MI Looking for space? Here it is, 33+ acres with barn currently set up for horses! This home ...	4 beds \| 3 baths \| 3,876 sq.ft.	$749,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.44% Airbnb Rental Income: $null Traditional Rental Income: $2865 Airbnb ROI: N/A Traditional ROI: 2.44%
8775 Peck Lake Rd Saranac, MI Privacy. Space. Nature. This 3-bedroom, 2.5-bath Saranac retreat checks every box. With 1,...	3 beds \| 2 baths \| 2,058 sq.ft.	$340,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.7% Airbnb Rental Income: $null Traditional Rental Income: $2809 Airbnb ROI: N/A Traditional ROI: 6.7%
6390 Lakeshore Dr Saranac, MI Picture early mornings on the water, afternoons on the fairway, and evenings on the deck w...	3 beds \| 3 baths \| 2,014 sq.ft.	$575,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.78% Airbnb Rental Income: $null Traditional Rental Income: $3055 Airbnb ROI: N/A Traditional ROI: 2.78%
1124 Pinckney Rd Saranac, MI Beautifully restored turn of the century farm house on picturesque country setting. You wi...	3 beds \| 1 baths \| 1,824 sq.ft.	$345,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.49% Airbnb Rental Income: $null Traditional Rental Income: $1503 Airbnb ROI: N/A Traditional ROI: 2.49%
9420 Bluewater Hwy Saranac, MI OPEN HOUSE ALERT! Sat 12-4, Sun 12-6! 9420 Bluewater Highway is one of the top competitors...	3 beds \| 2 baths \| 1,728 sq.ft.	$449,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.48% Airbnb Rental Income: $null Traditional Rental Income: $1779 Airbnb ROI: N/A Traditional ROI: 2.48%
7192 Morrison Lake Rd Saranac, MI Custom built executive walkout ranch on 1.4 acres with an incredible 230' of private front...	5 beds \| 3 baths \| 4,034 sq.ft.	$750,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.86% Airbnb Rental Income: $null Traditional Rental Income: $4157 Airbnb ROI: N/A Traditional ROI: 3.86%
8024 Scott Rd Saranac, MI Welcome to the country. This 3 bedroom 2 bath home sets on a half acre lot but is surroun...	3 beds \| 2 baths \| 1,120 sq.ft.	$193,500	Airbnb cash on cash: N/A Traditional cash on cash: 8.51% Airbnb Rental Income: $null Traditional Rental Income: $1883 Airbnb ROI: N/A Traditional ROI: 8.51%
5272 Marvie Dr Saranac, MI Looking for a new construction home that offers more than just a fresh build? This thought...	4 beds \| 2 baths \| 2,156 sq.ft.	$419,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.75% Airbnb Rental Income: $null Traditional Rental Income: $2379 Airbnb ROI: N/A Traditional ROI: 4.75%
5648 Ivan Rd Saranac, MI This Country Charmer Truly Has It All! Nestled on 18 acres of wooded serenity, this proper...	3 beds \| 2 baths \| 1,768 sq.ft.	$675,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.27% Airbnb Rental Income: $null Traditional Rental Income: $1941 Airbnb ROI: N/A Traditional ROI: 1.27%
5650 Morrison Lake Rd Saranac, MI 5650 Morrison Lake Rd, Saranac, MI 48881 \| Other	N/A beds \| N/A baths \| N/A	$284,900	Airbnb cash on cash: N/A Traditional cash on cash: -0.87% Airbnb Rental Income: $null Traditional Rental Income: $537 Airbnb ROI: N/A Traditional ROI: -0.87%
6312 Portland Rd Saranac, MI PRICED UNDER APPRAISED VALUE! Motivated seller and move-in ready, 6312 Portland Road in Sa...	3 beds \| 2 baths \| 1,680 sq.ft.	$199,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.39% Airbnb Rental Income: $null Traditional Rental Income: $1958 Airbnb ROI: N/A Traditional ROI: 8.39%
7086 W Peck Lake Rd Saranac, MI Wow! This 2004 custom -built sprawling ranch has it all! Starting with the nearly 4 Acre C...	4 beds \| 3 baths \| 2,256 sq.ft.	$539,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.69% Airbnb Rental Income: $null Traditional Rental Income: $2826 Airbnb ROI: N/A Traditional ROI: 3.69%
8198 Morrison Lake Gdns Saranac, MI 8198 Morrison Lake Gdns, Saranac, MI 48881 \| Single Family Residential	2 beds \| 1 baths \| 1,176 sq.ft.	$225,000	Airbnb cash on cash: -0.87% Traditional cash on cash: 1.81% Airbnb Rental Income: $871 Traditional Rental Income: $1107 Airbnb ROI: -0.87% Traditional ROI: 1.81%
V/L Janet Dr Parcel 1 Saranac, MI V/L Janet Dr Parcel 1, Saranac, MI 48881 \| Other	N/A beds \| N/A baths \| N/A	$100,320	Airbnb cash on cash: N/A Traditional cash on cash: 3.37% Airbnb Rental Income: $null Traditional Rental Income: $665 Airbnb ROI: N/A Traditional ROI: 3.37%
V/L Janet Dr Parcel 7 Saranac, MI V/L Janet Dr Parcel 7, Saranac, MI 48881 \| Other	N/A beds \| N/A baths \| N/A	$141,220	Airbnb cash on cash: N/A Traditional cash on cash: 1.53% Airbnb Rental Income: $null Traditional Rental Income: $640 Airbnb ROI: N/A Traditional ROI: 1.53%
V/L Janet Dr Parcel 6 Saranac, MI V/L Janet Dr Parcel 6, Saranac, MI 48881 \| Other	N/A beds \| N/A baths \| N/A	$141,220	Airbnb cash on cash: N/A Traditional cash on cash: 1.56% Airbnb Rental Income: $null Traditional Rental Income: $643 Airbnb ROI: N/A Traditional ROI: 1.56%
6920 Beechwood Dr Saranac, MI Enjoy carefree condominium living in a highly desirable location just minutes from Morriso...	3 beds \| 3 baths \| 1,995 sq.ft.	$299,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.03% Airbnb Rental Income: $null Traditional Rental Income: $2105 Airbnb ROI: N/A Traditional ROI: 4.03%
6880 Beechwood Dr Saranac, MI Tucked away in a quiet, wooded setting, this beautifully maintained end-unit ranch condo o...	3 beds \| 3 baths \| 1,950 sq.ft.	$320,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.85% Airbnb Rental Income: $null Traditional Rental Income: $2504 Airbnb ROI: N/A Traditional ROI: 4.85%
4882 W Bluewater Hwy Saranac, MI Welcome to country living at 4882 W Bluewater Highway in Saranac! Set on approximately 1 a...	3 beds \| 1 baths \| 984 sq.ft.	$125,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.93% Airbnb Rental Income: $null Traditional Rental Income: $1542 Airbnb ROI: N/A Traditional ROI: 9.93%
6600 Shoreline Ct Saranac, MI Welcome to the lake! There is still time to make lake life memories in 2026 ad for years t...	3 beds \| 1 baths \| 1,392 sq.ft.	$425,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.41% Airbnb Rental Income: $null Traditional Rental Income: $1362 Airbnb ROI: N/A Traditional ROI: 0.41%
5441 Crooked Crk Rd Saranac, MI The most private and quite setting available in the Saranac School System. The home is tuc...	3 beds \| 2 baths \| 1,840 sq.ft.	$489,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.91% Airbnb Rental Income: $null Traditional Rental Income: $2045 Airbnb ROI: N/A Traditional ROI: 2.91%
1350 Riggle Rd Saranac, MI Brand-new modern farmhouse living on 2.4 open acres of country quiet with room to breathe,...	5 beds \| 3 baths \| 2,990 sq.ft.	$499,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.27% Airbnb Rental Income: $null Traditional Rental Income: $3041 Airbnb ROI: N/A Traditional ROI: 5.27%
7758 Riverside Dr Saranac, MI 7758 Riverside Dr, Saranac, MI 48881 \| Other	N/A beds \| N/A baths \| N/A	$494,900	Airbnb cash on cash: N/A Traditional cash on cash: -1.34% Airbnb Rental Income: $null Traditional Rental Income: $643 Airbnb ROI: N/A Traditional ROI: -1.34%
6286 Morrison Lake Rd Lot A Saranac, MI 6286 Morrison Lake Rd Lot A, Saranac, MI 48881 \| Other	N/A beds \| N/A baths \| N/A	$245,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.14% Airbnb Rental Income: $null Traditional Rental Income: $643 Airbnb ROI: N/A Traditional ROI: -0.14%
8456 Centerline Rd Saranac, MI Peaceful Country Living with Room to Roam! This spacious 4-bedroom, 3-bath home sits on 10...	4 beds \| 3 baths \| 2,156 sq.ft.	$295,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.84% Airbnb Rental Income: $null Traditional Rental Income: $2745 Airbnb ROI: N/A Traditional ROI: 7.84%
6695 Paradise Park Dr Saranac, MI 6695 Paradise Park Dr, Saranac, MI 48881 \| Single Family Residential	1 beds \| 1 baths \| 1,080 sq.ft.	$450,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.65% Airbnb Rental Income: $null Traditional Rental Income: $885 Airbnb ROI: N/A Traditional ROI: -0.65%
6731 Beechwood Dr Saranac, MI 6731 Beechwood Dr, Saranac, MI 48881 \| Condo/Coop	3 beds \| 3 baths \| 1,800 sq.ft.	$349,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.48% Airbnb Rental Income: $null Traditional Rental Income: $2449 Airbnb ROI: N/A Traditional ROI: 3.48%
6444 Lakeshore Dr Saranac, MI 6444 Lakeshore Dr, Saranac, MI 48881 \| Single Family Residential	2 beds \| 2 baths \| 1,883 sq.ft.	$389,900	Airbnb cash on cash: -1.58% Traditional cash on cash: 1.83% Airbnb Rental Income: $871 Traditional Rental Income: $1782 Airbnb ROI: -1.58% Traditional ROI: 1.83%
6378 Portland Rd Saranac, MI 6378 Portland Rd, Saranac, MI 48881 \| Single Family Residential	5 beds \| 3 baths \| 1,568 sq.ft.	$379,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.82% Airbnb Rental Income: $null Traditional Rental Income: $2349 Airbnb ROI: N/A Traditional ROI: 3.82%
146 Church St Saranac, MI 146 Church St, Saranac, MI 48881 \| Single Family Residential	N/A beds \| N/A baths \| 2,310 sq.ft.	$95,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.6% Airbnb Rental Income: $null Traditional Rental Income: $1213 Airbnb ROI: N/A Traditional ROI: 9.6%
6865 Cherrywood Ln Saranac, MI 6865 Cherrywood Ln, Saranac, MI 48881 \| Single Family Residential	4 beds \| N/A baths \| 2,724 sq.ft.	$540,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.04% Airbnb Rental Income: $null Traditional Rental Income: $1894 Airbnb ROI: N/A Traditional ROI: 1.04%
9310 Bluewater Hwy Saranac, MI 9310 Bluewater Hwy, Saranac, MI 48881 \| Single Family Residential	6 beds \| 4 baths \| 3,674 sq.ft.	$549,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.13% Airbnb Rental Income: $null Traditional Rental Income: $3516 Airbnb ROI: N/A Traditional ROI: 4.13%
8925 Vestal Dr Saranac, MI 8925 Vestal Dr, Saranac, MI 48881 \| Other	5 beds \| N/A baths \| N/A	$99,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.39% Airbnb Rental Income: $null Traditional Rental Income: $665 Airbnb ROI: N/A Traditional ROI: 3.39%
6089 Jordan Lake Rd Saranac, MI 6089 Jordan Lake Rd, Saranac, MI 48881 \| Single Family Residential	3 beds \| 2 baths \| 1,352 sq.ft.	$349,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.44% Airbnb Rental Income: $null Traditional Rental Income: $1724 Airbnb ROI: N/A Traditional ROI: 2.44%
6286 Morrison Lake Rd #Parcel 1 Saranac, MI 6286 Morrison Lake Rd #Parcel 1, Saranac, MI 48881 \| Other	N/A beds \| N/A baths \| N/A	$195,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.55% Airbnb Rental Income: $null Traditional Rental Income: $661 Airbnb ROI: N/A Traditional ROI: 0.55%
6859 Paradise Park Saranac, MI Imagine waking up and deciding whether today is a fishing day, boating day, or relaxing-by...	4 beds \| 2 baths \| 2,495 sq.ft.	$275,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.13% Airbnb Rental Income: $null Traditional Rental Income: $2827 Airbnb ROI: N/A Traditional ROI: 8.13%
7127 Grand River Avenue Saranac, MI Located just south of Saranac MI, this unique duplex offers two completely separate homes ...	4 beds \| 2 baths \| 1,728 sq.ft.	$364,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.5% Airbnb Rental Income: $null Traditional Rental Income: $2156 Airbnb ROI: N/A Traditional ROI: 3.5%
139 S Vosper Street Saranac, MI Welcome Home to this lovely home tucked away in the quaint Village of Saranac. Enter in th...	3 beds \| 2 baths \| 2,647 sq.ft.	$319,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.82% Airbnb Rental Income: $null Traditional Rental Income: $2598 Airbnb ROI: N/A Traditional ROI: 5.82%
5189 Crooked Crk Road Saranac, MI Here's the Full Package! 3500+ sq ft, 5+ Bed, 3.5 Bath Estate with an unbelievable 3 Acre ...	5 beds \| 4 baths \| 3,586 sq.ft.	$484,500	Airbnb cash on cash: N/A Traditional cash on cash: 7.28% Airbnb Rental Income: $null Traditional Rental Income: $4520 Airbnb ROI: N/A Traditional ROI: 7.28%

Real Estate investment in Saranac, MI

There are 44 properties for sale in the city of Saranac . The median list price in Saranac is $202,879 and the average price per square foot is $96. In October 2026, the average monthly cash on cash return in Saranac is 3.00%. The average monthly rental income in Saranac is $1,941.

Saranac, MI Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 44 investment properties available for sale in Saranac.

In 2026, the best neighborhood to buy investment property is Saranac.

The ROI for Long-Term is higher than the Short-Term in Saranac with average rental income of $1,941.

Your search for investment property begins and ends here

Investment Property for Sale in Saranac, MI

8198 Morrison Lake Gardens

Saranac, MI

2 beds | 1 baths | 1,176 sq.ft.

$240,000

Airbnb cash on cash: -0.62%

Traditional cash on cash: 4.42%

Airbnb Rental Income: $871

Traditional Rental Income: $1681

Airbnb ROI: -0.62%

Traditional ROI: 4.42%

4185 Jackson Rd

Saranac, MI

4 beds | 3 baths | 3,876 sq.ft.

$749,900

Airbnb cash on cash: N/A

Traditional cash on cash: 2.44%

Airbnb Rental Income: $null

Traditional Rental Income: $2865

Airbnb ROI: N/A

Traditional ROI: 2.44%

8775 Peck Lake Rd

Saranac, MI

3 beds | 2 baths | 2,058 sq.ft.

$340,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.7%

Airbnb Rental Income: $null

Traditional Rental Income: $2809

Airbnb ROI: N/A

Traditional ROI: 6.7%

6390 Lakeshore Dr

Saranac, MI

3 beds | 3 baths | 2,014 sq.ft.

$575,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.78%

Airbnb Rental Income: $null

Traditional Rental Income: $3055

Airbnb ROI: N/A

Traditional ROI: 2.78%

1124 Pinckney Rd

Saranac, MI

3 beds | 1 baths | 1,824 sq.ft.

$345,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.49%

Airbnb Rental Income: $null

Traditional Rental Income: $1503

Airbnb ROI: N/A

Traditional ROI: 2.49%

9420 Bluewater Hwy

Saranac, MI

3 beds | 2 baths | 1,728 sq.ft.

$449,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.48%

Airbnb Rental Income: $null

Traditional Rental Income: $1779

Airbnb ROI: N/A

Traditional ROI: 2.48%

7192 Morrison Lake Rd

Saranac, MI

5 beds | 3 baths | 4,034 sq.ft.

$750,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.86%

Airbnb Rental Income: $null

Traditional Rental Income: $4157

Airbnb ROI: N/A

Traditional ROI: 3.86%

8024 Scott Rd

Saranac, MI

3 beds | 2 baths | 1,120 sq.ft.

$193,500

Airbnb cash on cash: N/A

Traditional cash on cash: 8.51%

Airbnb Rental Income: $null

Traditional Rental Income: $1883

Airbnb ROI: N/A