Real Estate Investment Properties for Sale in Saugatuck, MI

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
6475 Old Allegan Road Saugatuck, MI Beautifully appointed designer home privately situated on a 1.5 acre wooded lot minutes fr...	3 beds \| 2 baths \| 1,768 sq.ft.	$699,000	Airbnb cash on cash: 1.65% Traditional cash on cash: 2.15% Airbnb Rental Income: $3148 Traditional Rental Income: $2764 Airbnb ROI: 1.65% Traditional ROI: 2.15%
3735 63rd Street Saugatuck, MI Welcome to 3735 63rd Street â a private, wooded retreat just minutes from downtown Sauga...	4 beds \| 4 baths \| 3,649 sq.ft.	$929,000	Airbnb cash on cash: 1.59% Traditional cash on cash: 2.51% Airbnb Rental Income: $3610 Traditional Rental Income: $3618 Airbnb ROI: 1.59% Traditional ROI: 2.51%
6187 Bayou Trail Saugatuck, MI Tucked in a peaceful, wooded setting just minutes from downtown Saugatuck, this beautifull...	2 beds \| 2 baths \| 1,511 sq.ft.	$527,700	Airbnb cash on cash: 2.4% Traditional cash on cash: 2.69% Airbnb Rental Income: $2839 Traditional Rental Income: $2318 Airbnb ROI: 2.4% Traditional ROI: 2.69%
251 North Street Saugatuck, MI This beautifully restored 4-BR, 3-BA classic Saugatuck farmhouse is move-in ready & full o...	4 beds \| 3 baths \| 2,173 sq.ft.	$849,000	Airbnb cash on cash: 1.75% Traditional cash on cash: 2.24% Airbnb Rental Income: $3610 Traditional Rental Income: $3210 Airbnb ROI: 1.75% Traditional ROI: 2.24%
810 Allegan Street Saugatuck, MI Discover this beautifully updated 3-bedroom, 3-bathroom property, perfectly blending charm...	3 beds \| 3 baths \| 2,019 sq.ft.	$904,900	Airbnb cash on cash: 0.73% Traditional cash on cash: 1.22% Airbnb Rental Income: $3148 Traditional Rental Income: $2844 Airbnb ROI: 0.73% Traditional ROI: 1.22%
660 Lake Street Saugatuck, MI Welcome to 660 Lake Street - a beautifully renovated 2-bedroom, 1-bath home just two block...	2 beds \| 1 baths \| 905 sq.ft.	$699,000	Airbnb cash on cash: 0.38% Traditional cash on cash: -1.37% Airbnb Rental Income: $2839 Traditional Rental Income: $1030 Airbnb ROI: 0.38% Traditional ROI: -1.37%
658 Allegan Street Saugatuck, MI PRICE DROP! TALK ABOUT LOCATION! Walk to everything in Saugatuck. Perfect spot on the hill...	2 beds \| 1 baths \| 940 sq.ft.	$549,000	Airbnb cash on cash: 2.32% Traditional cash on cash: 0.02% Airbnb Rental Income: $2839 Traditional Rental Income: $1000 Airbnb ROI: 2.32% Traditional ROI: 0.02%
3527 66th Street Saugatuck, MI An extraordinary offering awaits your company just one mile from downtown Saugatuck. Nestl...	5 beds \| 4 baths \| 2,767 sq.ft.	$1,550,000	Airbnb cash on cash: 1.07% Traditional cash on cash: 1.21% Airbnb Rental Income: $4485 Traditional Rental Income: $3747 Airbnb ROI: 1.07% Traditional ROI: 1.21%
371 DUNEGRASS CIRCLE DRIVE Saugatuck, MI Nestled in the exclusive lakefront enclave of Dunegrass, this contemporary residence offer...	4 beds \| 4 baths \| 3,323 sq.ft.	$2,900,000	Airbnb cash on cash: -0.9% Traditional cash on cash: -0.48% Airbnb Rental Income: $3610 Traditional Rental Income: $3963 Airbnb ROI: -0.9% Traditional ROI: -0.48%
128 Van Dalson Street Saugatuck, MI Charming Historic Cottage with River Views, Boat Slip & Rental Potential! Discover the per...	5 beds \| 3 baths \| 2,796 sq.ft.	$1,199,000	Airbnb cash on cash: 0.92% Traditional cash on cash: 0.62% Airbnb Rental Income: $4485 Traditional Rental Income: $3214 Airbnb ROI: 0.92% Traditional ROI: 0.62%
6242 131st Avenue Saugatuck, MI Designed by renowned architect Jack Arnold as part of his French Country Cottage Collectio...	4 beds \| 5 baths \| 7,322 sq.ft.	$1,700,000	Airbnb cash on cash: -0.35% Traditional cash on cash: 0.95% Airbnb Rental Income: $3610 Traditional Rental Income: $4874 Airbnb ROI: -0.35% Traditional ROI: 0.95%
3328 Pine Glen Drive #Lot H Saugatuck, MI The Fairway Lodge at the Estates of Pine Glen in Saugatuck is a dream home for golf enthus...	5 beds \| 5 baths \| 6,018 sq.ft.	$1,950,000	Airbnb cash on cash: 0.59% Traditional cash on cash: 1.31% Airbnb Rental Income: $4485 Traditional Rental Income: $4863 Airbnb ROI: 0.59% Traditional ROI: 1.31%
491 E Big Stone Lake Road Saugatuck, MI Discover your ideal escape on this serene 20-acre property, just minutes from the crystal-...	2 beds \| 2 baths \| 1,334 sq.ft.	$264,500	Airbnb cash on cash: 6.34% Traditional cash on cash: 5.67% Airbnb Rental Income: $2839 Traditional Rental Income: $2010 Airbnb ROI: 6.34% Traditional ROI: 5.67%
790 Lake Street Saugatuck, MI Exceptional Multi-Family Investment in Downtown Saugatuck. Incredible opportunity to own a...	N/A beds \| N/A baths \| N/A	$1,285,000	Airbnb cash on cash: -0.62% Traditional cash on cash: -0.75% Airbnb Rental Income: $2308 Traditional Rental Income: $1584 Airbnb ROI: -0.62% Traditional ROI: -0.75%
3577 Kingfisher Cove Drive Saugatuck, MI Nestled in the serene enclave of Kingfisher Cove in Saugatuck, this exquisite log home off...	3 beds \| 2 baths \| 1,650 sq.ft.	$799,000	Airbnb cash on cash: 0.5% Traditional cash on cash: 0.59% Airbnb Rental Income: $3148 Traditional Rental Income: $2500 Airbnb ROI: 0.5% Traditional ROI: 0.59%
120 Elizabeth St #C/3 Saugatuck, MI This beautifully appointed 2-bedroom, 1.5-bathroom Condo offers 1,288 sq. ft. of comfortab...	2 beds \| 2 baths \| 1,288 sq.ft.	$559,000	Airbnb cash on cash: 0.85% Traditional cash on cash: 0.34% Airbnb Rental Income: $2839 Traditional Rental Income: $1911 Airbnb ROI: 0.85% Traditional ROI: 0.34%
6459 Lilypad Lane Saugatuck, MI Escape to the tranquil charm of Lilypad Lane in Saugatuck with this beautifully crafted lo...	3 beds \| 2 baths \| 1,650 sq.ft.	$849,000	Airbnb cash on cash: 0.23% Traditional cash on cash: 0.47% Airbnb Rental Income: $3148 Traditional Rental Income: $2625 Airbnb ROI: 0.23% Traditional ROI: 0.47%
6312 Silver Lake Drive Saugatuck, MI Saugatuck Country Estate with deeded beach access on Silver Lake, plus a dock! Enjoy your ...	5 beds \| 5 baths \| 3,864 sq.ft.	$1,250,000	Airbnb cash on cash: 1.4% Traditional cash on cash: 2.91% Airbnb Rental Income: $4485 Traditional Rental Income: $5308 Airbnb ROI: 1.4% Traditional ROI: 2.91%
582 Campbell Road Saugatuck, MI Discover your private sanctuary on this 15 acre parcel, ideally located within the vibrant...	4 beds \| 4 baths \| 3,929 sq.ft.	$3,900,000	Airbnb cash on cash: -0.58% Traditional cash on cash: -0.27% Airbnb Rental Income: $3610 Traditional Rental Income: $3959 Airbnb ROI: -0.58% Traditional ROI: -0.27%
6354 Old Allegan Road Saugatuck, MI This beautifully finished ranch style home in a quiet part of Saugatuck is sure to check a...	3 beds \| 2 baths \| 1,893 sq.ft.	$540,000	Airbnb cash on cash: 2.69% Traditional cash on cash: 3.06% Airbnb Rental Income: $3148 Traditional Rental Income: $2621 Airbnb ROI: 2.69% Traditional ROI: 3.06%
6445 Old Allegan Road Saugatuck, MI Excellent investment opportunity. Duplex very close to Downtown Saugatuck and Kalamazoo Ri...	N/A beds \| N/A baths \| N/A	$599,000	Airbnb cash on cash: 1.01% Traditional cash on cash: 1.18% Airbnb Rental Income: $2308 Traditional Rental Income: $1834 Airbnb ROI: 1.01% Traditional ROI: 1.18%
259 North Street Saugatuck, MI Located at the edge of Saugatuck, this home is located on a beautifully wooded ravine of t...	2 beds \| 2 baths \| 1,604 sq.ft.	$420,000	Airbnb cash on cash: 3.54% Traditional cash on cash: 3.77% Airbnb Rental Income: $2839 Traditional Rental Income: $2271 Airbnb ROI: 3.54% Traditional ROI: 3.77%
678 Lake Street Saugatuck, MI Welcome to the two best adjacent properties on Lake Street in downtown Saugatuck! Offered ...	2 beds \| 1 baths \| 905 sq.ft.	$1,150,000	Airbnb cash on cash: -0.48% Traditional cash on cash: -1.13% Airbnb Rental Income: $2839 Traditional Rental Income: $1487 Airbnb ROI: -0.48% Traditional ROI: -1.13%
3338 Clearbrook Green Saugatuck, MI Carefree condo living located on Clearbrook Golf Course. This beautifully remodeled end u...	4 beds \| 3 baths \| 2,697 sq.ft.	$684,900	Airbnb cash on cash: 1.39% Traditional cash on cash: 2.25% Airbnb Rental Income: $3610 Traditional Rental Income: $3367 Airbnb ROI: 1.39% Traditional ROI: 2.25%
873 Park Street Saugatuck, MI Welcome to the River House, where spectacular views of the Kalamazoo River define this exc...	4 beds \| 3 baths \| 3,923 sq.ft.	$2,995,000	Airbnb cash on cash: -0.62% Traditional cash on cash: -0.36% Airbnb Rental Income: $3610 Traditional Rental Income: $3527 Airbnb ROI: -0.62% Traditional ROI: -0.36%
6515 134th Ave Avenue Saugatuck, MI Welcome to your dream retreat just a short distance away from the heart of Downtown Saugat...	4 beds \| 3 baths \| 2,768 sq.ft.	$1,539,000	Airbnb cash on cash: 0.42% Traditional cash on cash: 0.79% Airbnb Rental Income: $3610 Traditional Rental Income: $3348 Airbnb ROI: 0.42% Traditional ROI: 0.79%
790 Simonson Drive Saugatuck, MI A cheerful, bright, and perfectly situated retreat awaits you in this quaint, 2 BR/2 BA co...	2 beds \| 2 baths \| 1,225 sq.ft.	$795,000	Airbnb cash on cash: 0.94% Traditional cash on cash: 0.94% Airbnb Rental Income: $2839 Traditional Rental Income: $2175 Airbnb ROI: 0.94% Traditional ROI: 0.94%
6264 Chippewa Avenue Saugatuck, MI Discover modern luxury in this exquisite new construction home on Indian Point in Saugatuc...	5 beds \| 5 baths \| 3,220 sq.ft.	$1,195,000	Airbnb cash on cash: 2.05% Traditional cash on cash: 3.65% Airbnb Rental Income: $4485 Traditional Rental Income: $5327 Airbnb ROI: 2.05% Traditional ROI: 3.65%
3330 Clearview Lane Saugatuck, MI This is one you've been looking for! Set on over an acre at the end of a private cul-de-sa...	3 beds \| 3 baths \| 2,200 sq.ft.	$625,000	Airbnb cash on cash: 2.11% Traditional cash on cash: 3.25% Airbnb Rental Income: $3148 Traditional Rental Income: $3099 Airbnb ROI: 2.11% Traditional ROI: 3.25%
515 Park Street #1 Saugatuck, MI Welcome to one of the most iconic residences on the Kalamazoo Riverâan architecturally i...	3 beds \| 3 baths \| 2,747 sq.ft.	$1,800,000	Airbnb cash on cash: -1.65% Traditional cash on cash: -0.77% Airbnb Rental Income: $3148 Traditional Rental Income: $3912 Airbnb ROI: -1.65% Traditional ROI: -0.77%
124 A Elizabeth #5 Saugatuck, MI Beautiful end unit condo on the Hill in the City of Saugatuck. 2 Bedroom, 1 1/2 Bath. Open...	2 beds \| 2 baths \| 1,270 sq.ft.	$459,900	Airbnb cash on cash: 1.48% Traditional cash on cash: 0.98% Airbnb Rental Income: $2839 Traditional Rental Income: $1961 Airbnb ROI: 1.48% Traditional ROI: 0.98%
6332 Old Allegan Road Saugatuck, MI Welcome to this stunning Silver Lake home where exceptional craftsmanship meets serene, al...	3 beds \| 4 baths \| 2,824 sq.ft.	$1,695,000	Airbnb cash on cash: 0.02% Traditional cash on cash: 0.91% Airbnb Rental Income: $3148 Traditional Rental Income: $3833 Airbnb ROI: 0.02% Traditional ROI: 0.91%
64 Griffith Street #1 Saugatuck, MI Immediate Occupancy: Hard to find recently renovated, furnished, end unit condo in the hea...	1 beds \| 1 baths \| 638 sq.ft.	$485,000	Airbnb cash on cash: -0.19% Traditional cash on cash: -0.25% Airbnb Rental Income: $1929 Traditional Rental Income: $1390 Airbnb ROI: -0.19% Traditional ROI: -0.25%
3569 Kingfisher Cove Drive Saugatuck, MI This unique Kingfisher Cove log home offers many custom features found nowhere else in the...	3 beds \| 3 baths \| 1,764 sq.ft.	$750,000	Airbnb cash on cash: 0.64% Traditional cash on cash: 1.11% Airbnb Rental Income: $3148 Traditional Rental Income: $2757 Airbnb ROI: 0.64% Traditional ROI: 1.11%
408 Mason Street Saugatuck, MI This newly remodeled fully furnished 2-bd, 1.5 bath home is nestled on a quiet, wooded lot...	2 beds \| 2 baths \| 1,200 sq.ft.	$849,000	Airbnb cash on cash: -0.94% Traditional cash on cash: -1.14% Airbnb Rental Income: $2839 Traditional Rental Income: $2015 Airbnb ROI: -0.94% Traditional ROI: -1.14%
6639 Bandle Street Saugatuck, MI An ideal beach town cottage or extraordinary home that feels like a timeless discovery- ro...	3 beds \| 4 baths \| 2,690 sq.ft.	$1,790,000	Airbnb cash on cash: -0.21% Traditional cash on cash: 0.53% Airbnb Rental Income: $3148 Traditional Rental Income: $3664 Airbnb ROI: -0.21% Traditional ROI: 0.53%
3386 Gaslight Lane Saugatuck, MI OFFER DEADLINE: Friday, 8/29 at Noon. This exquisite modern farmhouse in the desirable Gas...	3 beds \| 3 baths \| 3,306 sq.ft.	$889,900	Airbnb cash on cash: 1.09% Traditional cash on cash: 1.86% Airbnb Rental Income: $3148 Traditional Rental Income: $3078 Airbnb ROI: 1.09% Traditional ROI: 1.86%

Real Estate investment in Saugatuck, MI

There are 37 properties for sale in the city of Saugatuck . The median list price in Saugatuck is $849,000 and the average price per square foot is $350. In September 2025, the average monthly cash on cash return in Saugatuck is 1.00%. The average monthly rental income in Saugatuck is $2,804.

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

There are 37 investment properties available for sale in Saugatuck.

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

The ROI for Short-Term is higher than the Long-Term in Saugatuck with average rental income of $3,148.

Your search for investment property begins and ends here

Investment Property for Sale in Saugatuck, MI

6475 Old Allegan Road

Saugatuck, MI

3 beds | 2 baths | 1,768 sq.ft.

$699,000

Airbnb cash on cash: 1.65%

Traditional cash on cash: 2.15%

Airbnb Rental Income: $3148

Traditional Rental Income: $2764

Airbnb ROI: 1.65%

Traditional ROI: 2.15%

3735 63rd Street

Saugatuck, MI

4 beds | 4 baths | 3,649 sq.ft.

$929,000

Airbnb cash on cash: 1.59%

Traditional cash on cash: 2.51%

Airbnb Rental Income: $3610

Traditional Rental Income: $3618

Airbnb ROI: 1.59%

Traditional ROI: 2.51%

6187 Bayou Trail

Saugatuck, MI

2 beds | 2 baths | 1,511 sq.ft.

$527,700

Airbnb cash on cash: 2.4%

Traditional cash on cash: 2.69%

Airbnb Rental Income: $2839

Traditional Rental Income: $2318

Airbnb ROI: 2.4%

Traditional ROI: 2.69%

251 North Street

Saugatuck, MI

4 beds | 3 baths | 2,173 sq.ft.

$849,000

Airbnb cash on cash: 1.75%

Traditional cash on cash: 2.24%

Airbnb Rental Income: $3610

Traditional Rental Income: $3210

Airbnb ROI: 1.75%

Traditional ROI: 2.24%

810 Allegan Street

Saugatuck, MI

3 beds | 3 baths | 2,019 sq.ft.

$904,900

Airbnb cash on cash: 0.73%

Traditional cash on cash: 1.22%

Airbnb Rental Income: $3148

Traditional Rental Income: $2844

Airbnb ROI: 0.73%

Traditional ROI: 1.22%

660 Lake Street

Saugatuck, MI

2 beds | 1 baths | 905 sq.ft.

$699,000

Airbnb cash on cash: 0.38%

Traditional cash on cash: -1.37%

Airbnb Rental Income: $2839

Traditional Rental Income: $1030

Airbnb ROI: 0.38%

Traditional ROI: -1.37%

658 Allegan Street

Saugatuck, MI

2 beds | 1 baths | 940 sq.ft.

$549,000

Airbnb cash on cash: 2.32%

Traditional cash on cash: 0.02%

Airbnb Rental Income: $2839

Traditional Rental Income: $1000

Airbnb ROI: 2.32%

Traditional ROI: 0.02%

3527 66th Street

Saugatuck, MI

5 beds | 4 baths | 2,767 sq.ft.

$1,550,000

Airbnb cash on cash: 1.07%

Traditional cash on cash: 1.21%

Airbnb Rental Income: $4485

Traditional Rental Income: $3747

Airbnb ROI: 1.07%