Real Estate Investment Properties for Sale in Wellston, MI

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
17851 Caberfae Highway Wellston, MI Bring your fishing rods and all other recreational toys to this 3 bedroom, 1 bath home jus...	3 beds \| 1 baths \| 1,000 sq.ft.	$179,900	Airbnb cash on cash: 4.65% Traditional cash on cash: 6.67% Airbnb Rental Income: $1652 Traditional Rental Income: $1533 Airbnb ROI: 4.65% Traditional ROI: 6.67%
17111 Gene Street Wellston, MI Great starter home that has been well maintained with some new added features as well. New...	2 beds \| 1 baths \| 937 sq.ft.	$154,000	Airbnb cash on cash: 0.65% Traditional cash on cash: 7.12% Airbnb Rental Income: $787 Traditional Rental Income: $1419 Airbnb ROI: 0.65% Traditional ROI: 7.12%
18570 Caberfae Highway Wellston, MI Property for the Up North adventurer. This cabin & garage are tucked in the woods on almos...	2 beds \| 1 baths \| 600 sq.ft.	$165,000	Airbnb cash on cash: 0.77% Traditional cash on cash: 5.23% Airbnb Rental Income: $787 Traditional Rental Income: $1169 Airbnb ROI: 0.77% Traditional ROI: 5.23%
17741 Caberfae Hwy Wellston, MI Charming 2-Bedroom seasonal or year round home in Wellston. Ideal location just down the r...	2 beds \| N/A baths \| 1,002 sq.ft.	$194,900	Airbnb cash on cash: 0.45% Traditional cash on cash: 7.45% Airbnb Rental Income: $787 Traditional Rental Income: $1762 Airbnb ROI: 0.45% Traditional ROI: 7.45%
9184 S M-37 Highway Wellston, MI Welcome to your very own slice of paradise in Wexford County, Michigan! Nestled in the hea...	3 beds \| 2 baths \| 3,659 sq.ft.	$1,399,000	Airbnb cash on cash: -0.53% Traditional cash on cash: 0.32% Airbnb Rental Income: $1652 Traditional Rental Income: $2294 Airbnb ROI: -0.53% Traditional ROI: 0.32%
9184 S M-37 Wellston, MI Welcome to your very own slice of paradise in Wexford County, Michigan! Nestled in the hea...	3 beds \| 2 baths \| 3,659 sq.ft.	$1,399,000	Airbnb cash on cash: -0.89% Traditional cash on cash: -0.05% Airbnb Rental Income: $1652 Traditional Rental Income: $2273 Airbnb ROI: -0.89% Traditional ROI: -0.05%
647 Hart Road Wellston, MI Privacy, land & home with large garage with living space. Home located on a private road f...	3 beds \| 2 baths \| 1,480 sq.ft.	$239,000	Airbnb cash on cash: 3.17% Traditional cash on cash: 6.96% Airbnb Rental Income: $1652 Traditional Rental Income: $2045 Airbnb ROI: 3.17% Traditional ROI: 6.96%
1686 Oak Street Wellston, MI This is a very solid 3 bedroom 2 bath home with large living room and dining/party room. E...	3 beds \| 2 baths \| 2,180 sq.ft.	$195,000	Airbnb cash on cash: 4.1% Traditional cash on cash: 11.47% Airbnb Rental Income: $1652 Traditional Rental Income: $2553 Airbnb ROI: 4.1% Traditional ROI: 11.47%
17016 6th Street Wellston, MI This stunning new build has the most gorgeous view of Crystal Lake. Enjoy all of the new a...	3 beds \| N/A baths \| 1,680 sq.ft.	$329,000	Airbnb cash on cash: 2.38% Traditional cash on cash: 7.04% Airbnb Rental Income: $1652 Traditional Rental Income: $2629 Airbnb ROI: 2.38% Traditional ROI: 7.04%
1306 N Tippy Dam Road Wellston, MI Discover Tippy Dam Lodge, a one-of-a-kind retreat deep in Michigan's Manistee National For...	12 beds \| N/A baths \| N/A	$1,100,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.01% Airbnb Rental Income: $null Traditional Rental Income: $1874 Airbnb ROI: N/A Traditional ROI: 0.01%
3815 Joseph Street Wellston, MI Escape to this adorable 2-bedroom, 1-bath cottage nestled in the heart of Wellston, MIâj...	2 beds \| 1 baths \| 720 sq.ft.	$149,900	Airbnb cash on cash: 1.07% Traditional cash on cash: 7.65% Airbnb Rental Income: $787 Traditional Rental Income: $1411 Airbnb ROI: 1.07% Traditional ROI: 7.65%
16039 Steinberg Road Wellston, MI This 3 bedroom manufactured home offers you the peace and quiet you've been searching for....	3 beds \| 2 baths \| 1,248 sq.ft.	$229,000	Airbnb cash on cash: 3.62% Traditional cash on cash: 7.32% Airbnb Rental Income: $1652 Traditional Rental Income: $1990 Airbnb ROI: 3.62% Traditional ROI: 7.32%
16253 Caberfae Highway Wellston, MI FISHERMEN TAKE NOTE! This rustic cabin is located on 2.2 nicely wooded acres just down the...	1 beds \| 1 baths \| 900 sq.ft.	$109,900	Airbnb cash on cash: 1.74% Traditional cash on cash: 8.56% Airbnb Rental Income: $768 Traditional Rental Income: $1176 Airbnb ROI: 1.74% Traditional ROI: 8.56%
21425 Caberfae Highway Wellston, MI Outdoor lover's paradise on almost 5 acres, bordered by the Manistee National Forest, behi...	3 beds \| 2 baths \| 1,472 sq.ft.	$305,000	Airbnb cash on cash: 1.83% Traditional cash on cash: 5.18% Airbnb Rental Income: $1652 Traditional Rental Income: $2149 Airbnb ROI: 1.83% Traditional ROI: 5.18%
22510 12 mile Road Wellston, MI Welcome to this one of a kind ranch that blend classic country farmhouse with contemporary...	3 beds \| N/A baths \| 1,750 sq.ft.	$350,000	Airbnb cash on cash: 1.92% Traditional cash on cash: 6.03% Airbnb Rental Income: $1652 Traditional Rental Income: $2538 Airbnb ROI: 1.92% Traditional ROI: 6.03%
1154 S Tippy Dam Road Wellston, MI Lots of living space in this 3 Bedroom, 2 bath home on 2.25+/- acres close to Wellston. Co...	3 beds \| 2 baths \| 2,000 sq.ft.	$239,900	Airbnb cash on cash: 2.31% Traditional cash on cash: 8.06% Airbnb Rental Income: $1652 Traditional Rental Income: $2493 Airbnb ROI: 2.31% Traditional ROI: 8.06%
1657 Seaman Road Wellston, MI Great duplex investment property in the heart of Wellston's recreational area. This side-b...	N/A beds \| N/A baths \| 1,470 sq.ft.	$124,900	Airbnb cash on cash: 0.93% Traditional cash on cash: 11.21% Airbnb Rental Income: $813 Traditional Rental Income: $1724 Airbnb ROI: 0.93% Traditional ROI: 11.21%
10332 Marx Wellston, MI Perfectly located between Cadillac and Manistee, this cabin offers endless potential! Step...	2 beds \| 1 baths \| 1,160 sq.ft.	$159,000	Airbnb cash on cash: 0.75% Traditional cash on cash: 8.88% Airbnb Rental Income: $787 Traditional Rental Income: $1702 Airbnb ROI: 0.75% Traditional ROI: 8.88%
17423 Spring Street Wellston, MI Completely renovated from top to bottom, this charming Wellston home has been gutted to th...	2 beds \| 1 baths \| 850 sq.ft.	$149,900	Airbnb cash on cash: 1.19% Traditional cash on cash: 7.84% Airbnb Rental Income: $787 Traditional Rental Income: $1420 Airbnb ROI: 1.19% Traditional ROI: 7.84%

Real Estate investment in Wellston, MI

There are 19 properties for sale in the city of Wellston . The median list price in Wellston is $192,400 and the average price per square foot is $131. In October 2025, the average monthly cash on cash return in Wellston is 7.00%. The average monthly rental income in Wellston is $1,743.

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

There are 19 investment properties available for sale in Wellston.

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

The ROI for Long-Term is higher than the Short-Term in Wellston with average rental income of $1,743.

Your search for investment property begins and ends here

Investment Property for Sale in Wellston, MI

17851 Caberfae Highway

Wellston, MI

3 beds | 1 baths | 1,000 sq.ft.

$179,900

Airbnb cash on cash: 4.65%

Traditional cash on cash: 6.67%

Airbnb Rental Income: $1652

Traditional Rental Income: $1533

Airbnb ROI: 4.65%

Traditional ROI: 6.67%

17111 Gene Street

Wellston, MI

2 beds | 1 baths | 937 sq.ft.

$154,000

Airbnb cash on cash: 0.65%

Traditional cash on cash: 7.12%

Airbnb Rental Income: $787

Traditional Rental Income: $1419

Airbnb ROI: 0.65%

Traditional ROI: 7.12%

18570 Caberfae Highway

Wellston, MI

2 beds | 1 baths | 600 sq.ft.

$165,000

Airbnb cash on cash: 0.77%

Traditional cash on cash: 5.23%

Airbnb Rental Income: $787

Traditional Rental Income: $1169

Airbnb ROI: 0.77%

Traditional ROI: 5.23%

17741 Caberfae Hwy

Wellston, MI

2 beds | N/A baths | 1,002 sq.ft.

$194,900

Airbnb cash on cash: 0.45%

Traditional cash on cash: 7.45%

Airbnb Rental Income: $787

Traditional Rental Income: $1762

Airbnb ROI: 0.45%

Traditional ROI: 7.45%

9184 S M-37 Highway

Wellston, MI

3 beds | 2 baths | 3,659 sq.ft.

$1,399,000

Airbnb cash on cash: -0.53%

Traditional cash on cash: 0.32%

Airbnb Rental Income: $1652

Traditional Rental Income: $2294

Airbnb ROI: -0.53%

Traditional ROI: 0.32%

9184 S M-37

Wellston, MI

3 beds | 2 baths | 3,659 sq.ft.

$1,399,000

Airbnb cash on cash: -0.89%

Traditional cash on cash: -0.05%

Airbnb Rental Income: $1652

Traditional Rental Income: $2273

Airbnb ROI: -0.89%

Traditional ROI: -0.05%

647 Hart Road

Wellston, MI

3 beds | 2 baths | 1,480 sq.ft.

$239,000

Airbnb cash on cash: 3.17%

Traditional cash on cash: 6.96%

Airbnb Rental Income: $1652

Traditional Rental Income: $2045

Airbnb ROI: 3.17%

Traditional ROI: 6.96%

1686 Oak Street

Wellston, MI

3 beds | 2 baths | 2,180 sq.ft.

$195,000

Airbnb cash on cash: 4.1%

Traditional cash on cash: 11.47%

Airbnb Rental Income: $1652

Traditional Rental Income: $2553

Airbnb ROI: 4.1%