Real Estate Investment Properties for Sale in Sault Ste Marie, MI

Looking for investment property in Sault Ste Marie, MI with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
811 John ST Sault Ste Marie, MI Did you notice--there is a $10,000 price drop on this lovely house. The oriiginal deal fel...	3 beds \| 2 baths \| 1,460 sq.ft.	$225,000	Airbnb cash on cash: 0.98% Traditional cash on cash: 5.16% Airbnb Rental Income: $1299 Traditional Rental Income: $1785 Airbnb ROI: 0.98% Traditional ROI: 5.16%
370 DAWSON ST Sault Ste Marie, MI Seller will review all offers. This 3-story Tudor sits on a corner lot close to downtown a...	4 beds \| 3 baths \| 1,412 sq.ft.	$212,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.77% Airbnb Rental Income: $null Traditional Rental Income: $2159 Airbnb ROI: N/A Traditional ROI: 7.77%
3344 Lakeshore Drive Sault Ste Marie, MI Welcome to your dream getaway on the water! This impeccably remodeled home offers modern e...	4 beds \| 3 baths \| 2,808 sq.ft.	$755,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.33% Airbnb Rental Income: $null Traditional Rental Income: $3510 Airbnb ROI: N/A Traditional ROI: 2.33%
130 E Water ST Sault Ste Marie, MI Step into a world where history and charm intertwine seamlessly in this exquisite 5-bedroo...	5 beds \| 3 baths \| 3,426 sq.ft.	$395,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.6% Airbnb Rental Income: $null Traditional Rental Income: $3652 Airbnb ROI: N/A Traditional ROI: 6.6%
647 W Ford DR Sault Ste Marie, MI Location. Location. LocationCharming Ranch Style Home on a Large Wooded Lot in the Desirab...	3 beds \| 1 baths \| 1,150 sq.ft.	$178,000	Airbnb cash on cash: 2.2% Traditional cash on cash: 7.93% Airbnb Rental Income: $1299 Traditional Rental Income: $1864 Airbnb ROI: 2.2% Traditional ROI: 7.93%
500 SHERIDAN DR Sault Ste Marie, MI Welcome to this spacious 5-bedroom, 2.5-bath home located within city limits on a desirabl...	5 beds \| 3 baths \| 1,416 sq.ft.	$265,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.9% Airbnb Rental Income: $null Traditional Rental Income: $2645 Airbnb ROI: N/A Traditional ROI: 7.9%
917 Lizzie ST Sault Ste Marie, MI This Very Spacious 3 Bedroom 3 Bath Home offers a Inviting Enclosed Front Porch and a Spac...	3 beds \| 3 baths \| 1,892 sq.ft.	$232,000	Airbnb cash on cash: 1.41% Traditional cash on cash: 11.25% Airbnb Rental Income: $1299 Traditional Rental Income: $3054 Airbnb ROI: 1.41% Traditional ROI: 11.25%
2699 Minneapolis ST Sault Ste Marie, MI Welcome to this well-loved 3-bedroom, 1.5-bath home in the desirable Minneapolis Hill neig...	3 beds \| 2 baths \| 1,330 sq.ft.	$259,000	Airbnb cash on cash: 1.25% Traditional cash on cash: 7.21% Airbnb Rental Income: $1299 Traditional Rental Income: $2350 Airbnb ROI: 1.25% Traditional ROI: 7.21%
1147 W 20 MILE RD Sault Ste Marie, MI INVITING OPEN-CONCEPT 3 BEDROOMS, 2 BATH HOME ON 10 ACRES WITH A POND, COUNTRY LIVING AT ...	3 beds \| 2 baths \| 2,500 sq.ft.	$385,000	Airbnb cash on cash: 0.55% Traditional cash on cash: 5.49% Airbnb Rental Income: $1299 Traditional Rental Income: $2677 Airbnb ROI: 0.55% Traditional ROI: 5.49%
337 Lyon ST Sault Ste Marie, MI Tastefully updated 2-bedroom, 1.5-bath home with a BRAND NEW ROOF within walking distance ...	2 beds \| 2 baths \| 1,200 sq.ft.	$170,000	Airbnb cash on cash: 2.99% Traditional cash on cash: 9.9% Airbnb Rental Income: $1124 Traditional Rental Income: $1867 Airbnb ROI: 2.99% Traditional ROI: 9.9%
1419 Young ST Sault Ste Marie, MI Move in Ready and a Great Location !!! This Maintained 3 Bedroom 2 Bath with Garage has h...	3 beds \| 2 baths \| 1,236 sq.ft.	$195,000	Airbnb cash on cash: 2.06% Traditional cash on cash: 9.06% Airbnb Rental Income: $1299 Traditional Rental Income: $2190 Airbnb ROI: 2.06% Traditional ROI: 9.06%
91 E 19 Mile RD Sault Ste Marie, MI This well-maintained 3 bedroom, 3 bathroom, tri-level home offers comfort, versatility and...	3 beds \| 3 baths \| 1,322 sq.ft.	$310,000	Airbnb cash on cash: 0.98% Traditional cash on cash: 6.67% Airbnb Rental Income: $1299 Traditional Rental Income: $2554 Airbnb ROI: 0.98% Traditional ROI: 6.67%
911 Lizzie ST Sault Ste Marie, MI Charming 2 bedroom, 1 bath home in a nice neighborhood. Updates include newer flooring thr...	2 beds \| 1 baths \| 694 sq.ft.	$129,900	Airbnb cash on cash: 2.73% Traditional cash on cash: 9.39% Airbnb Rental Income: $1124 Traditional Rental Income: $1579 Airbnb ROI: 2.73% Traditional ROI: 9.39%
3349 Lakeshore Drive Sault Ste Marie, MI Welcome to 3349 Lakeshore Drive-This recently renovated home offers the perfect blend of s...	3 beds \| 3 baths \| 2,226 sq.ft.	$550,000	Airbnb cash on cash: -0.97% Traditional cash on cash: 3.59% Airbnb Rental Income: $1299 Traditional Rental Income: $3236 Airbnb ROI: -0.97% Traditional ROI: 3.59%

Real Estate investment in Sault-ste-marie, MI

There are 14 properties for sale in the city of Sault Ste Marie . The median list price in Sault Ste Marie is $195,000 and the average price per square foot is $122. In September 2025, the average monthly cash on cash return in Sault Ste Marie is 9.00%. The average monthly rental income in Sault Ste Marie is $2,350.

Sault-ste-marie, MI Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 14 investment properties available for sale in Sault-ste-marie.

In 2025, the best neighborhood to buy investment property is Sault Ste Marie.

The ROI for Long-Term is higher than the Short-Term in Sault-ste-marie with average rental income of $2,350.

Your search for investment property begins and ends here

Investment Property for Sale in Sault Ste Marie, MI

811 John ST

Sault Ste Marie, MI

3 beds | 2 baths | 1,460 sq.ft.

$225,000

Airbnb cash on cash: 0.98%

Traditional cash on cash: 5.16%

Airbnb Rental Income: $1299

Traditional Rental Income: $1785

Airbnb ROI: 0.98%

Traditional ROI: 5.16%

370 DAWSON ST

Sault Ste Marie, MI

4 beds | 3 baths | 1,412 sq.ft.

$212,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.77%

Airbnb Rental Income: $null

Traditional Rental Income: $2159

Airbnb ROI: N/A

Traditional ROI: 7.77%

3344 Lakeshore Drive

Sault Ste Marie, MI

4 beds | 3 baths | 2,808 sq.ft.

$755,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.33%

Airbnb Rental Income: $null

Traditional Rental Income: $3510

Airbnb ROI: N/A

Traditional ROI: 2.33%

130 E Water ST

Sault Ste Marie, MI

5 beds | 3 baths | 3,426 sq.ft.

$395,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.6%

Airbnb Rental Income: $null

Traditional Rental Income: $3652

Airbnb ROI: N/A

Traditional ROI: 6.6%

647 W Ford DR

Sault Ste Marie, MI

3 beds | 1 baths | 1,150 sq.ft.

$178,000

Airbnb cash on cash: 2.2%

Traditional cash on cash: 7.93%

Airbnb Rental Income: $1299

Traditional Rental Income: $1864

Airbnb ROI: 2.2%

Traditional ROI: 7.93%

500 SHERIDAN DR

Sault Ste Marie, MI

5 beds | 3 baths | 1,416 sq.ft.

$265,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.9%

Airbnb Rental Income: $null

Traditional Rental Income: $2645

Airbnb ROI: N/A

Traditional ROI: 7.9%

917 Lizzie ST

Sault Ste Marie, MI

3 beds | 3 baths | 1,892 sq.ft.

$232,000

Airbnb cash on cash: 1.41%

Traditional cash on cash: 11.25%

Airbnb Rental Income: $1299

Traditional Rental Income: $3054

Airbnb ROI: 1.41%

Traditional ROI: 11.25%

2699 Minneapolis ST

Sault Ste Marie, MI

3 beds | 2 baths | 1,330 sq.ft.

$259,000

Airbnb cash on cash: 1.25%

Traditional cash on cash: 7.21%

Airbnb Rental Income: $1299

Traditional Rental Income: $2350

Airbnb ROI: 1.25%