Real Estate Investment Properties for Sale in Three Rivers, MI

Looking for investment property in Three Rivers, MI with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
513 Hill Street Three Rivers, MI Welcome to 513 Hill St! Located in the Three Rivers School District, this updated ranch si...	3 beds \| 2 baths \| 948 sq.ft.	$179,900	Airbnb cash on cash: 2.21% Traditional cash on cash: 7.79% Airbnb Rental Income: $1227 Traditional Rental Income: $1789 Airbnb ROI: 2.21% Traditional ROI: 7.79%
10281 Walnut Drive Three Rivers, MI Quiet Long Lake Getaway! Charming, remodeled 3-season home AND land with nearly 50 ft o...	2 beds \| 1 baths \| 740 sq.ft.	$144,900	Airbnb cash on cash: 5.34% Traditional cash on cash: 7.41% Airbnb Rental Income: $1596 Traditional Rental Income: $1428 Airbnb ROI: 5.34% Traditional ROI: 7.41%
132 Middle Street Three Rivers, MI Charming 2-story home in the heart of Three Rivers! This property offers spacious living w...	3 beds \| N/A baths \| 1,420 sq.ft.	$129,900	Airbnb cash on cash: 2.97% Traditional cash on cash: 4.71% Airbnb Rental Income: $1227 Traditional Rental Income: $1051 Airbnb ROI: 2.97% Traditional ROI: 4.71%
57689 Lone Tree Road Three Rivers, MI A long, winding driveway, surrounded by trees, leads to this 2019 custom-built walkout ran...	4 beds \| 3 baths \| 4,014 sq.ft.	$625,000	Airbnb cash on cash: 2.54% Traditional cash on cash: 1.02% Airbnb Rental Income: $3431 Traditional Rental Income: $1782 Airbnb ROI: 2.54% Traditional ROI: 1.02%
1232 Shiawassee River Road Three Rivers, MI Great place to call home in an attractive community along the Portage River. This home off...	3 beds \| 2 baths \| 1,100 sq.ft.	$85,000	Airbnb cash on cash: 6.4% Traditional cash on cash: 9.71% Airbnb Rental Income: $1227 Traditional Rental Income: $1110 Airbnb ROI: 6.4% Traditional ROI: 9.71%
58640 Pond View Lane Three Rivers, MI Newly constructed bi-level in the River Watch Community. This split level home boasts feat...	3 beds \| N/A baths \| 2,060 sq.ft.	$275,350	Airbnb cash on cash: 1.77% Traditional cash on cash: 8.06% Airbnb Rental Income: $1227 Traditional Rental Income: $2466 Airbnb ROI: 1.77% Traditional ROI: 8.06%
611 Rock River Avenue Three Rivers, MI	3 beds \| 1 baths \| 1,567 sq.ft.	$136,000	Airbnb cash on cash: 3.1% Traditional cash on cash: 6.26% Airbnb Rental Income: $1227 Traditional Rental Income: $1246 Airbnb ROI: 3.1% Traditional ROI: 6.26%
15494 Coon Hollow Road Three Rivers, MI Completely updated 4-bedroom, 1.5-bathroom Fannie Mae property. It features three bedrooms...	4 beds \| N/A baths \| 1,446 sq.ft.	$255,000	Airbnb cash on cash: 8.71% Traditional cash on cash: 9.01% Airbnb Rental Income: $3431 Traditional Rental Income: $2744 Airbnb ROI: 8.71% Traditional ROI: 9.01%
52199 Nancy Lane Three Rivers, MI Welcome to this beautiful 2-bedroom, 2-bath ranch with exclusive access to all-sports Port...	2 beds \| 2 baths \| 1,165 sq.ft.	$299,000	Airbnb cash on cash: 1.71% Traditional cash on cash: 5.37% Airbnb Rental Income: $1596 Traditional Rental Income: $2169 Airbnb ROI: 1.71% Traditional ROI: 5.37%
801 Portage Avenue Three Rivers, MI This property is also available to be residential, but current use is professional office....	4 beds \| 1 baths \| 3,186 sq.ft.	$319,900	Airbnb cash on cash: 6.42% Traditional cash on cash: 6.5% Airbnb Rental Income: $3431 Traditional Rental Income: $2692 Airbnb ROI: 6.42% Traditional ROI: 6.5%
211 E Wheeler Street Three Rivers, MI Charming and Move-In ready 2 bedroom 1 bath home in the heart of Three Rivers! This beauti...	2 beds \| 1 baths \| 902 sq.ft.	$159,000	Airbnb cash on cash: 5.09% Traditional cash on cash: 8% Airbnb Rental Income: $1596 Traditional Rental Income: $1582 Airbnb ROI: 5.09% Traditional ROI: 8%
1209 7th Street Three Rivers, MI This super cute 3 bedroom, 3 full bathroom home has been beautifully updated from top to b...	3 beds \| 3 baths \| 1,501 sq.ft.	$205,000	Airbnb cash on cash: 2.2% Traditional cash on cash: 7.1% Airbnb Rental Income: $1227 Traditional Rental Income: $1787 Airbnb ROI: 2.2% Traditional ROI: 7.1%
406 Spring Street Three Rivers, MI Terrific Three Rivers location, with a large corner lot! This charming home has endless po...	2 beds \| 1 baths \| 1,291 sq.ft.	$135,000	Airbnb cash on cash: 6.09% Traditional cash on cash: 9.02% Airbnb Rental Income: $1596 Traditional Rental Income: $1521 Airbnb ROI: 6.09% Traditional ROI: 9.02%
518 McKinley Court Three Rivers, MI NEW Construction Condo in 55+ Community - The Meadows of Three Rivers. Never mow grass, we...	2 beds \| 2 baths \| 1,304 sq.ft.	$229,900	Airbnb cash on cash: 2.1% Traditional cash on cash: 8.38% Airbnb Rental Income: $1596 Traditional Rental Income: $2506 Airbnb ROI: 2.1% Traditional ROI: 8.38%
621 Arizona Boulevard Three Rivers, MI Don't miss your chance to tour this beautiful home in Meadowbrook Farms West! This 2022 Al...	4 beds \| 2 baths \| 2,256 sq.ft.	$349,888	Airbnb cash on cash: 5.43% Traditional cash on cash: 7.44% Airbnb Rental Income: $3431 Traditional Rental Income: $3331 Airbnb ROI: 5.43% Traditional ROI: 7.44%
18920 M-86 Three Rivers, MI Fresh and open design, four bedroom home located halfway between Centreville and Three Riv...	4 beds \| 2 baths \| 2,030 sq.ft.	$234,900	Airbnb cash on cash: 9.64% Traditional cash on cash: 10.08% Airbnb Rental Income: $3431 Traditional Rental Income: $2768 Airbnb ROI: 9.64% Traditional ROI: 10.08%
19890 M-60 Three Rivers, MI Luxury Lakefront Living - Oriented for stunning lake views on 1.9 acres and 225 ft. of san...	4 beds \| N/A baths \| 8,846 sq.ft.	$2,249,000	Airbnb cash on cash: -0.63% Traditional cash on cash: 1.56% Airbnb Rental Income: $3431 Traditional Rental Income: $7229 Airbnb ROI: -0.63% Traditional ROI: 1.56%
55042 West End Road Three Rivers, MI You will love this meticulously maintained home and its access to FISHERS LAKE! Recent up...	4 beds \| 4 baths \| 2,440 sq.ft.	$419,900	Airbnb cash on cash: 4.66% Traditional cash on cash: 6.25% Airbnb Rental Income: $3431 Traditional Rental Income: $3293 Airbnb ROI: 4.66% Traditional ROI: 6.25%
606 Arizona Boulevard Three Rivers, MI New construction home in Meadowbrook Farms West, located in Three Rivers school district. ...	4 beds \| 2 baths \| 1,882 sq.ft.	$289,900	Airbnb cash on cash: 7.91% Traditional cash on cash: 9.62% Airbnb Rental Income: $3431 Traditional Rental Income: $3137 Airbnb ROI: 7.91% Traditional ROI: 9.62%
604 Arizona Boulevard Three Rivers, MI New construction home in Meadowbrook Farms West, located in Three Rivers school district. ...	4 beds \| 2 baths \| 1,830 sq.ft.	$284,900	Airbnb cash on cash: 8.07% Traditional cash on cash: 9.83% Airbnb Rental Income: $3431 Traditional Rental Income: $3145 Airbnb ROI: 8.07% Traditional ROI: 9.83%
500 E Hoffman Street Three Rivers, MI This is your chance to own an iconic Three Rivers home. Dr. O'Dell's home, custom built in...	4 beds \| 3 baths \| 2,885 sq.ft.	$290,000	Airbnb cash on cash: 7% Traditional cash on cash: 9.92% Airbnb Rental Income: $3431 Traditional Rental Income: $3469 Airbnb ROI: 7% Traditional ROI: 9.92%
58604 E Clear Lake Road Three Rivers, MI Welcome to lakefront luxury at its finest. This stunning custom home is set on a private l...	2 beds \| N/A baths \| 2,145 sq.ft.	$1,650,000	Airbnb cash on cash: -0.87% Traditional cash on cash: 0.62% Airbnb Rental Income: $1596 Traditional Rental Income: $3433 Airbnb ROI: -0.87% Traditional ROI: 0.62%
22460 Kline's Resort lot: 117 Three Rivers, MI Township Tax is currently $3/month for each month occupied for 15 days or more. Lot rent i...	3 beds \| 2 baths \| 1,700 sq.ft.	$139,000	Airbnb cash on cash: -1.27% Traditional cash on cash: 11.09% Airbnb Rental Income: $1227 Traditional Rental Income: $2481 Airbnb ROI: -1.27% Traditional ROI: 11.09%
14765 Millard Road Three Rivers, MI Opportunity awaits on this 7.5-acre parcel! Ideal setting for a new build, barndominium or...	3 beds \| 2 baths \| 1,742 sq.ft.	$224,900	Airbnb cash on cash: 1.43% Traditional cash on cash: 8.25% Airbnb Rental Income: $1227 Traditional Rental Income: $2286 Airbnb ROI: 1.43% Traditional ROI: 8.25%
53266 US-131 Three Rivers, MI Just a perfectly maintained 3 bedroom home sitting on a full basement and approx. 4 acre l...	3 beds \| 2 baths \| 1,330 sq.ft.	$399,900	Airbnb cash on cash: 0.42% Traditional cash on cash: 3.62% Airbnb Rental Income: $1227 Traditional Rental Income: $2033 Airbnb ROI: 0.42% Traditional ROI: 3.62%
57907 James Drive Three Rivers, MI New home 3 bed 2 bath close to shopping malls new construction has St. joe River access se...	3 beds \| 2 baths \| 1,166 sq.ft.	$199,900	Airbnb cash on cash: 1.39% Traditional cash on cash: 8.28% Airbnb Rental Income: $1227 Traditional Rental Income: $2141 Airbnb ROI: 1.39% Traditional ROI: 8.28%
10142 Walnut Drive Three Rivers, MI Welcome to this well-kept home nestled on two spacious lots with 111 feet of beautiful lak...	3 beds \| 2 baths \| 1,374 sq.ft.	$550,000	Airbnb cash on cash: 0.03% Traditional cash on cash: 3.22% Airbnb Rental Income: $1227 Traditional Rental Income: $2472 Airbnb ROI: 0.03% Traditional ROI: 3.22%
17083 Lovers Lane Three Rivers, MI FHA Offers now welcome! Welcome to this charming 3-bedroom, 1-bathroom ranch, nestled on a...	3 beds \| 1 baths \| 936 sq.ft.	$184,900	Airbnb cash on cash: 2.46% Traditional cash on cash: 7.1% Airbnb Rental Income: $1227 Traditional Rental Income: $1649 Airbnb ROI: 2.46% Traditional ROI: 7.1%
58730 Ash Road Three Rivers, MI BACK ON THE MARKET DUE TO NO FAULT OF THE SELLERS Welcome to 58730 Ash Road-where mode...	2 beds \| 1 baths \| 1,242 sq.ft.	$180,000	Airbnb cash on cash: 4.36% Traditional cash on cash: 8.32% Airbnb Rental Income: $1596 Traditional Rental Income: $1818 Airbnb ROI: 4.36% Traditional ROI: 8.32%
938 Clausen Avenue Three Rivers, MI 3 bedroom, 1 bath home with attached two car garage. Large backyard. Auction ends Septembe...	3 beds \| 1 baths \| 1,800 sq.ft.	$151,500	Airbnb cash on cash: 2.65% Traditional cash on cash: 10.12% Airbnb Rental Income: $1227 Traditional Rental Income: $1916 Airbnb ROI: 2.65% Traditional ROI: 10.12%
57436 Gearharts Landing Road Three Rivers, MI Lakefront Paradise on 262-Acre Pleasant Lake - 731 Ft of Frontage! Welcome to your dream g...	4 beds \| 2 baths \| 2,336 sq.ft.	$1,200,000	Airbnb cash on cash: 0.72% Traditional cash on cash: 1.1% Airbnb Rental Income: $3431 Traditional Rental Income: $3093 Airbnb ROI: 0.72% Traditional ROI: 1.1%
106 N Erie Street Three Rivers, MI First time on market multi-generational home that is pristine, well cared for and has plen...	3 beds \| 1 baths \| 2,580 sq.ft.	$240,000	Airbnb cash on cash: 1.12% Traditional cash on cash: 6.29% Airbnb Rental Income: $1227 Traditional Rental Income: $2006 Airbnb ROI: 1.12% Traditional ROI: 6.29%
54539 Buckhorn Road Three Rivers, MI Don't miss the opportunity to own you a great home with the perfect mix of farmland (appro...	4 beds \| N/A baths \| 1,536 sq.ft.	$550,000	Airbnb cash on cash: 3.3% Traditional cash on cash: 2.52% Airbnb Rental Income: $3431 Traditional Rental Income: $2269 Airbnb ROI: 3.3% Traditional ROI: 2.52%
1212 Pine Street Three Rivers, MI New construction home in Meadowbrook Farms West, located in Three Rivers school district. ...	4 beds \| 2 baths \| 2,072 sq.ft.	$294,900	Airbnb cash on cash: 7.76% Traditional cash on cash: 8.86% Airbnb Rental Income: $3431 Traditional Rental Income: $2974 Airbnb ROI: 7.76% Traditional ROI: 8.86%
906 Seventh Street Three Rivers, MI BACK ON THE MARKET AT NO FAULT OF THE SELLER! Buyer could not meet the contingency and tha...	3 beds \| 2 baths \| 1,240 sq.ft.	$195,000	Airbnb cash on cash: 2.24% Traditional cash on cash: 9.19% Airbnb Rental Income: $1227 Traditional Rental Income: $2120 Airbnb ROI: 2.24% Traditional ROI: 9.19%
55019 N Fisher Lake Road Three Rivers, MI Delightful 3 Bedroom Home with Deeded Fisher Lake Access! The main floor boasts a centrall...	3 beds \| N/A baths \| 2,755 sq.ft.	$395,000	Airbnb cash on cash: 0.41% Traditional cash on cash: 6.3% Airbnb Rental Income: $1227 Traditional Rental Income: $3017 Airbnb ROI: 0.41% Traditional ROI: 6.3%
11300 Elizabeth Drive Three Rivers, MI Enjoy deeded Clear Lake access! Welcome to this spacious 3 bedroom 1-1/2 bath home offerin...	3 beds \| 2 baths \| 1,100 sq.ft.	$167,000	Airbnb cash on cash: 2.4% Traditional cash on cash: 9.43% Airbnb Rental Income: $1227 Traditional Rental Income: $1953 Airbnb ROI: 2.4% Traditional ROI: 9.43%
18124 S Fisher Lake Road Three Rivers, MI RIVERFRONT LIVING on the Portage River w/ Nearly 37 acres. This one-of-a-kind property off...	4 beds \| 1 baths \| 1,795 sq.ft.	$494,900	Airbnb cash on cash: 4.09% Traditional cash on cash: 2.76% Airbnb Rental Income: $3431 Traditional Rental Income: $2057 Airbnb ROI: 4.09% Traditional ROI: 2.76%
55081 Buckhorn Road Three Rivers, MI WELCOME HOME! This sprawling ranch, featuring approx 3943 total finished sqft (main & lowe...	4 beds \| 3 baths \| 3,943 sq.ft.	$398,000	Airbnb cash on cash: 5.18% Traditional cash on cash: 6.56% Airbnb Rental Income: $3431 Traditional Rental Income: $3185 Airbnb ROI: 5.18% Traditional ROI: 6.56%
17191 Cotherman Lake Road Three Rivers, MI 2 Bedroom, 2 full bath home located in a beautiful country setting. The full, almost finis...	2 beds \| 2 baths \| 1,134 sq.ft.	$243,000	Airbnb cash on cash: 2.65% Traditional cash on cash: 5.07% Airbnb Rental Income: $1596 Traditional Rental Income: $1698 Airbnb ROI: 2.65% Traditional ROI: 5.07%

Real Estate investment in Three-rivers, MI

There are 69 properties for sale in the city of Three Rivers . The median list price in Three Rivers is $259,750 and the average price per square foot is $136. In December 2025, the average monthly cash on cash return in Three Rivers is 7.00%. The average monthly rental income in Three Rivers is $2,259.

Three-rivers, MI Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 69 investment properties available for sale in Three-rivers.

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

The ROI for Long-Term is higher than the Short-Term in Three-rivers with average rental income of $2,259.

Your search for investment property begins and ends here

Investment Property for Sale in Three Rivers, MI

513 Hill Street

Three Rivers, MI

3 beds | 2 baths | 948 sq.ft.

$179,900

Airbnb cash on cash: 2.21%

Traditional cash on cash: 7.79%

Airbnb Rental Income: $1227

Traditional Rental Income: $1789

Airbnb ROI: 2.21%

Traditional ROI: 7.79%

10281 Walnut Drive

Three Rivers, MI

2 beds | 1 baths | 740 sq.ft.

$144,900

Airbnb cash on cash: 5.34%

Traditional cash on cash: 7.41%

Airbnb Rental Income: $1596

Traditional Rental Income: $1428

Airbnb ROI: 5.34%

Traditional ROI: 7.41%

132 Middle Street

Three Rivers, MI

3 beds | N/A baths | 1,420 sq.ft.

$129,900

Airbnb cash on cash: 2.97%

Traditional cash on cash: 4.71%

Airbnb Rental Income: $1227

Traditional Rental Income: $1051

Airbnb ROI: 2.97%

Traditional ROI: 4.71%

57689 Lone Tree Road

Three Rivers, MI

4 beds | 3 baths | 4,014 sq.ft.

$625,000

Airbnb cash on cash: 2.54%

Traditional cash on cash: 1.02%

Airbnb Rental Income: $3431

Traditional Rental Income: $1782

Airbnb ROI: 2.54%

Traditional ROI: 1.02%

1232 Shiawassee River Road

Three Rivers, MI

3 beds | 2 baths | 1,100 sq.ft.

$85,000

Airbnb cash on cash: 6.4%

Traditional cash on cash: 9.71%

Airbnb Rental Income: $1227

Traditional Rental Income: $1110

Airbnb ROI: 6.4%

Traditional ROI: 9.71%

58640 Pond View Lane

Three Rivers, MI

3 beds | N/A baths | 2,060 sq.ft.

$275,350

Airbnb cash on cash: 1.77%

Traditional cash on cash: 8.06%

Airbnb Rental Income: $1227

Traditional Rental Income: $2466

Airbnb ROI: 1.77%

Traditional ROI: 8.06%

611 Rock River Avenue

Three Rivers, MI

3 beds | 1 baths | 1,567 sq.ft.

$136,000

Airbnb cash on cash: 3.1%

Traditional cash on cash: 6.26%

Airbnb Rental Income: $1227

Traditional Rental Income: $1246

Airbnb ROI: 3.1%

Traditional ROI: 6.26%

15494 Coon Hollow Road

Three Rivers, MI

4 beds | N/A baths | 1,446 sq.ft.

$255,000

Airbnb cash on cash: 8.71%

Traditional cash on cash: 9.01%

Airbnb Rental Income: $3431

Traditional Rental Income: $2744

Airbnb ROI: 8.71%