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
2245 W 5th AVE Sault Ste Marie, MI This eye-catching starter home comes with a completely NEW feel. The large freshly painted...	2 beds \| 2 baths \| 1,200 sq.ft.	$149,900	Airbnb cash on cash: 2.81% Traditional cash on cash: 11.2% Airbnb Rental Income: $1254 Traditional Rental Income: $2059 Airbnb ROI: 2.81% Traditional ROI: 11.2%
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.	$699,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.71% Airbnb Rental Income: $null Traditional Rental Income: $3510 Airbnb ROI: N/A Traditional ROI: 2.71%
2039 Riverside DR Sault Ste Marie, MI This single story St Marys river home is well located just 3 miles from downtown Sault St ...	3 beds \| 3 baths \| 2,000 sq.ft.	$400,000	Airbnb cash on cash: -1.03% Traditional cash on cash: 5.77% Airbnb Rental Income: $1010 Traditional Rental Income: $3203 Airbnb ROI: -1.03% Traditional ROI: 5.77%
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.	$250,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.42% Airbnb Rental Income: $null Traditional Rental Income: $2645 Airbnb ROI: N/A Traditional ROI: 8.42%
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.	$295,000	Airbnb cash on cash: 0.21% Traditional cash on cash: 7.05% Airbnb Rental Income: $1010 Traditional Rental Income: $2554 Airbnb ROI: 0.21% Traditional ROI: 7.05%
3349 Lakeshore Drive Sault Ste Marie, MI Welcome to 3349 Lakeshore Drive-This recently renovated home offers the perfect blend of s...	3 beds \| 2 baths \| 2,226 sq.ft.	$499,000	Airbnb cash on cash: -1.33% Traditional cash on cash: 4.21% Airbnb Rental Income: $1010 Traditional Rental Income: $3236 Airbnb ROI: -1.33% Traditional ROI: 4.21%
3358 S OAKWOOD DR Sault Ste Marie, MI Just outside city limits in the tribal tax area a" enjoy extra space and privacy while sta...	4 beds \| 2 baths \| 1,556 sq.ft.	$299,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.04% Airbnb Rental Income: $null Traditional Rental Income: $2569 Airbnb ROI: N/A Traditional ROI: 7.04%
1611 W 6th AVE Sault Ste Marie, MI TERRIFIC 3-BEDR., 2-BATH HOME FEATURING A SPACIOUS LIVING ROOM, WELCOMING AND USER FRIENDL...	3 beds \| 2 baths \| 1,807 sq.ft.	$195,000	Airbnb cash on cash: 0.91% Traditional cash on cash: 11.95% Airbnb Rental Income: $1010 Traditional Rental Income: $2698 Airbnb ROI: 0.91% Traditional ROI: 11.95%

Real Estate investment in Sault-ste-marie, MI

There are 8 properties for sale in the city of Sault Ste Marie . The median list price in Sault Ste Marie is $272,500 and the average price per square foot is $156. In December 2025, the average monthly cash on cash return in Sault Ste Marie is 8.00%. The average monthly rental income in Sault Ste Marie is $2,607.

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

There are 8 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 $2,607.

Your search for investment property begins and ends here

Investment Property for Sale in Sault Ste Marie, MI

2245 W 5th AVE

Sault Ste Marie, MI

2 beds | 2 baths | 1,200 sq.ft.

$149,900

Airbnb cash on cash: 2.81%

Traditional cash on cash: 11.2%

Airbnb Rental Income: $1254

Traditional Rental Income: $2059

Airbnb ROI: 2.81%

Traditional ROI: 11.2%

3344 Lakeshore Drive

Sault Ste Marie, MI

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

$699,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.71%

Airbnb Rental Income: $null

Traditional Rental Income: $3510

Airbnb ROI: N/A

Traditional ROI: 2.71%

2039 Riverside DR

Sault Ste Marie, MI

3 beds | 3 baths | 2,000 sq.ft.

$400,000

Airbnb cash on cash: -1.03%

Traditional cash on cash: 5.77%

Airbnb Rental Income: $1010

Traditional Rental Income: $3203

Airbnb ROI: -1.03%

Traditional ROI: 5.77%

500 SHERIDAN DR

Sault Ste Marie, MI

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

$250,000

Airbnb cash on cash: N/A

Traditional cash on cash: 8.42%

Airbnb Rental Income: $null

Traditional Rental Income: $2645

Airbnb ROI: N/A

Traditional ROI: 8.42%

91 E 19 Mile RD

Sault Ste Marie, MI

3 beds | 3 baths | 1,322 sq.ft.

$295,000

Airbnb cash on cash: 0.21%

Traditional cash on cash: 7.05%

Airbnb Rental Income: $1010

Traditional Rental Income: $2554

Airbnb ROI: 0.21%

Traditional ROI: 7.05%

3349 Lakeshore Drive

Sault Ste Marie, MI

3 beds | 2 baths | 2,226 sq.ft.

$499,000

Airbnb cash on cash: -1.33%

Traditional cash on cash: 4.21%

Airbnb Rental Income: $1010

Traditional Rental Income: $3236

Airbnb ROI: -1.33%

Traditional ROI: 4.21%

3358 S OAKWOOD DR

Sault Ste Marie, MI

4 beds | 2 baths | 1,556 sq.ft.

$299,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.04%

Airbnb Rental Income: $null

Traditional Rental Income: $2569

Airbnb ROI: N/A

Traditional ROI: 7.04%

1611 W 6th AVE

Sault Ste Marie, MI

3 beds | 2 baths | 1,807 sq.ft.

$195,000

Airbnb cash on cash: 0.91%

Traditional cash on cash: 11.95%

Airbnb Rental Income: $1010

Traditional Rental Income: $2698

Airbnb ROI: 0.91%