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
3344 Lakeshore Drive Sault Ste Marie, MI Welcome to an extraordinary waterfront estate where timeless elegance meets modern sophist...	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%
2235 W 4th AVE Sault Ste Marie, MI This beautiful starter home is located just a short distance from Sherman Park. It is sti...	2 beds \| 2 baths \| 851 sq.ft.	$160,600	Airbnb cash on cash: -0.56% Traditional cash on cash: 8.61% Airbnb Rental Income: $697 Traditional Rental Income: $1798 Airbnb ROI: -0.56% Traditional ROI: 8.61%
1558 W 7 Mile RD Sault Ste Marie, MI 10 Acre Hobby Farm. Spacious Open Concept Ranch Style Home, 4 Miles South of Sault. 3 Bedr...	3 beds \| 2 baths \| 2,528 sq.ft.	$287,500	Airbnb cash on cash: 0.34% Traditional cash on cash: 9.36% Airbnb Rental Income: $1074 Traditional Rental Income: $3149 Airbnb ROI: 0.34% Traditional ROI: 9.36%
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: -0.89% Traditional cash on cash: 5.77% Airbnb Rental Income: $1074 Traditional Rental Income: $3203 Airbnb ROI: -0.89% Traditional ROI: 5.77%
3349 Lakeshore Drive Sault Ste Marie, MI Welcome to 3349 Lakeshore Drive -- where modern updates meet timeless charm just moments f...	3 beds \| 3 baths \| 2,226 sq.ft.	$499,000	Airbnb cash on cash: -1.21% Traditional cash on cash: 4.21% Airbnb Rental Income: $1074 Traditional Rental Income: $3236 Airbnb ROI: -1.21% Traditional ROI: 4.21%
3358 S OAKWOOD DR Sault Ste Marie, MI Enjoy living outside of the city limits while still being just minutes from town and every...	4 beds \| 2 baths \| 1,556 sq.ft.	$275,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.73% Airbnb Rental Income: $null Traditional Rental Income: $2569 Airbnb ROI: N/A Traditional ROI: 7.73%
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: 1.2% Traditional cash on cash: 11.95% Airbnb Rental Income: $1074 Traditional Rental Income: $2698 Airbnb ROI: 1.2% Traditional ROI: 11.95%
1306 Park ST Sault Ste Marie, MI Located in one of Sault Ste. Marie's most sought-after neighborhoods, this completely remo...	3 beds \| 2 baths \| 1,104 sq.ft.	$215,000	Airbnb cash on cash: 0.49% Traditional cash on cash: 7.41% Airbnb Rental Income: $1074 Traditional Rental Income: $2115 Airbnb ROI: 0.49% Traditional ROI: 7.41%
W4777 Lahay Sault Ste Marie, MI Hobby Farm Anyone? Check out this fantastic property with 3 forty's on both sides of US H...	3 beds \| 1 baths \| 1,662 sq.ft.	$485,000	Airbnb cash on cash: 0.21% Traditional cash on cash: 3.12% Airbnb Rental Income: $1074 Traditional Rental Income: $2024 Airbnb ROI: 0.21% Traditional ROI: 3.12%
1908 Davitt ST Sault Ste Marie, MI Welcome home! This adorable 3 bedroom house is the perfect blend of cozy and practical, tu...	3 beds \| 1 baths \| 875 sq.ft.	$139,000	Airbnb cash on cash: 3.39% Traditional cash on cash: 10.68% Airbnb Rental Income: $1074 Traditional Rental Income: $1679 Airbnb ROI: 3.39% Traditional ROI: 10.68%
813 Augusta ST Sault Ste Marie, MI Charming 1-bedroom, 1-bath home This inviting space features a comfortable layout with a n...	1 beds \| 1 baths \| 850 sq.ft.	$149,900	Airbnb cash on cash: -0.19% Traditional cash on cash: 6.7% Airbnb Rental Income: $737 Traditional Rental Income: $1414 Airbnb ROI: -0.19% Traditional ROI: 6.7%
418 Cedar ST Sault Ste Marie, MI Comfortable 4-bedroom, 2-bath home in a great downtown location. The home features a remod...	4 beds \| 2 baths \| 1,536 sq.ft.	$175,000	Airbnb cash on cash: N/A Traditional cash on cash: 11.23% Airbnb Rental Income: $null Traditional Rental Income: $2384 Airbnb ROI: N/A Traditional ROI: 11.23%
308 W 6th AVE Sault Ste Marie, MI Well maintained 2-bedroom, 1 bath home in a desirable location just minutes from Lake Supe...	2 beds \| 1 baths \| 630 sq.ft.	$175,000	Airbnb cash on cash: -0.72% Traditional cash on cash: 5.48% Airbnb Rental Income: $697 Traditional Rental Income: $1426 Airbnb ROI: -0.72% Traditional ROI: 5.48%

Real Estate investment in Sault-ste-marie, MI

There are 13 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 $119. In April 2026, the average monthly cash on cash return in Sault Ste Marie is 8.00%. The average monthly rental income in Sault Ste Marie is $1,992.

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

There are 13 investment properties available for sale in Sault-ste-marie.

In 2026, the best neighborhood to buy investment property is Sault Ste Marie.

The ROI for Short-Term is higher than the Long-Term in Sault-ste-marie with average rental income of $1,074.

Your search for investment property begins and ends here

Investment Property for Sale in Sault Ste Marie, MI

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%

2235 W 4th AVE

Sault Ste Marie, MI

2 beds | 2 baths | 851 sq.ft.

$160,600

Airbnb cash on cash: -0.56%

Traditional cash on cash: 8.61%

Airbnb Rental Income: $697

Traditional Rental Income: $1798

Airbnb ROI: -0.56%

Traditional ROI: 8.61%

1558 W 7 Mile RD

Sault Ste Marie, MI

3 beds | 2 baths | 2,528 sq.ft.

$287,500

Airbnb cash on cash: 0.34%

Traditional cash on cash: 9.36%

Airbnb Rental Income: $1074

Traditional Rental Income: $3149

Airbnb ROI: 0.34%

Traditional ROI: 9.36%

2039 Riverside DR

Sault Ste Marie, MI

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

$400,000

Airbnb cash on cash: -0.89%

Traditional cash on cash: 5.77%

Airbnb Rental Income: $1074

Traditional Rental Income: $3203

Airbnb ROI: -0.89%

Traditional ROI: 5.77%

3349 Lakeshore Drive

Sault Ste Marie, MI

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

$499,000

Airbnb cash on cash: -1.21%

Traditional cash on cash: 4.21%

Airbnb Rental Income: $1074

Traditional Rental Income: $3236

Airbnb ROI: -1.21%

Traditional ROI: 4.21%

3358 S OAKWOOD DR

Sault Ste Marie, MI

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

$275,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.73%

Airbnb Rental Income: $null

Traditional Rental Income: $2569

Airbnb ROI: N/A

Traditional ROI: 7.73%

1611 W 6th AVE

Sault Ste Marie, MI

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

$195,000

Airbnb cash on cash: 1.2%

Traditional cash on cash: 11.95%

Airbnb Rental Income: $1074

Traditional Rental Income: $2698

Airbnb ROI: 1.2%

Traditional ROI: 11.95%

1306 Park ST

Sault Ste Marie, MI

3 beds | 2 baths | 1,104 sq.ft.

$215,000

Airbnb cash on cash: 0.49%

Traditional cash on cash: 7.41%

Airbnb Rental Income: $1074

Traditional Rental Income: $2115

Airbnb ROI: 0.49%