Real Estate Investment Properties for Sale in Mill Spring, NC

Looking for investment property in Mill Spring, NC with high ROI ?

Explore a variety of short-term homes & houses in Mill Spring, NC. Invest wisely with VRBO & Mill Spring, NC 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 Mill Spring, NC

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
119 Celestial Way Mill Spring, NC If privacy, quiet, peace and serenity are what you're looking for, then look no further. T...	3 beds \| 2 baths \| 1,380 sq.ft.	$415,000	Airbnb cash on cash: 6.17% Traditional cash on cash: 2.13% Airbnb Rental Income: $4103 Traditional Rental Income: $1659 Airbnb ROI: 6.17% Traditional ROI: 2.13%
1434 Lake Adger Road Mill Spring, NC Charming Equestrian Farm with Mountain Views & Income Potential on 7.76 Acres! Welcome ...	4 beds \| 3 baths \| 1,188 sq.ft.	$599,800	Airbnb cash on cash: 6.31% Traditional cash on cash: 2.32% Airbnb Rental Income: $5310 Traditional Rental Income: $1999 Airbnb ROI: 6.31% Traditional ROI: 2.32%
Birkdale Drive unit: 159 #159 Mill Spring, NC This timeless design offered by Mountain Sky Builders, is situated on a quiet cul-de-sac u...	3 beds \| 3 baths \| 2,476 sq.ft.	$1,476,206	Airbnb cash on cash: 0.2% Traditional cash on cash: 1.05% Airbnb Rental Income: $4103 Traditional Rental Income: $4390 Airbnb ROI: 0.2% Traditional ROI: 1.05%
23 Laurel Crest Lane Mill Spring, NC Mountain Home in pristine Lake Adger Mountain Park Community with deed boat slip. Home is ...	3 beds \| 3 baths \| 2,460 sq.ft.	$800,000	Airbnb cash on cash: 2.37% Traditional cash on cash: 1.32% Airbnb Rental Income: $4103 Traditional Rental Income: $2442 Airbnb ROI: 2.37% Traditional ROI: 1.32%
256 School Road Mill Spring, NC Kick off your boots and stay a while! This cute bungalow is located in the heart of Mill S...	2 beds \| 2 baths \| 1,340 sq.ft.	$325,000	Airbnb cash on cash: 5.79% Traditional cash on cash: 4.51% Airbnb Rental Income: $3136 Traditional Rental Income: $2033 Airbnb ROI: 5.79% Traditional ROI: 4.51%
10105 NC Hwy 108 E Mill Spring, NC A rare Polk County property combining river frontage, equestrian potential, and near-zero ...	4 beds \| 4 baths \| 3,214 sq.ft.	$1,195,000	Airbnb cash on cash: 2.34% Traditional cash on cash: 1.3% Airbnb Rental Income: $5310 Traditional Rental Income: $3077 Airbnb ROI: 2.34% Traditional ROI: 1.3%
723 N Highland Road Mill Spring, NC 28 acres of privacy and mountain views in all directions. This beautiful log home with a l...	4 beds \| 3 baths \| 2,616 sq.ft.	$1,595,000	Airbnb cash on cash: 1.58% Traditional cash on cash: 0.31% Airbnb Rental Income: $5310 Traditional Rental Income: $2361 Airbnb ROI: 1.58% Traditional ROI: 0.31%
1888 Pea Ridge Road Mill Spring, NC Ideally located only minutes from the Tryon Int'l Equestrian Center and US-74, this +-211 ...	3 beds \| 1 baths \| N/A	$3,195,000	Airbnb cash on cash: 0.01% Traditional cash on cash: -0.62% Airbnb Rental Income: $4103 Traditional Rental Income: $1364 Airbnb ROI: 0.01% Traditional ROI: -0.62%
247 Aden Green Road Mill Spring, NC 247 Aden Green Road is an immaculately maintained 3 Bed/2 Bath home that has been thoughtf...	3 beds \| 2 baths \| 1,683 sq.ft.	$345,000	Airbnb cash on cash: 7.85% Traditional cash on cash: 4.2% Airbnb Rental Income: $4103 Traditional Rental Income: $2049 Airbnb ROI: 7.85% Traditional ROI: 4.2%
81 Delind Drive Mill Spring, NC Discover tranquility in a charming cottage, designed for comfort and efficiency close to g...	2 beds \| 1 baths \| 982 sq.ft.	$455,000	Airbnb cash on cash: 4.18% Traditional cash on cash: 2.65% Airbnb Rental Income: $3136 Traditional Rental Income: $1771 Airbnb ROI: 4.18% Traditional ROI: 2.65%
206 Legend Dr Mill Spring, NC 206 Legend Dr, Mill Spring, NC 28756 \| Single Family Residential	3 beds \| 3 baths \| 2,434 sq.ft.	$799,000	Airbnb cash on cash: 2.32% Traditional cash on cash: 0.5% Airbnb Rental Income: $4103 Traditional Rental Income: $1872 Airbnb ROI: 2.32% Traditional ROI: 0.5%
479 Camp Hill Rd Mill Spring, NC 479 Camp Hill Rd, Mill Spring, NC 28746 \| Single Family Residential	2 beds \| 1 baths \| 912 sq.ft.	$367,000	Airbnb cash on cash: 4.98% Traditional cash on cash: 2.22% Airbnb Rental Income: $3154 Traditional Rental Income: $1488 Airbnb ROI: 4.98% Traditional ROI: 2.22%
12 acres Polk County Line Rd Mill Spring, NC 12 acres Polk County Line Rd, Mill Spring, NC 28139 \| Other	N/A beds \| N/A baths \| N/A	$274,800	Airbnb cash on cash: 3.87% Traditional cash on cash: 2.61% Airbnb Rental Income: $2111 Traditional Rental Income: $1245 Airbnb ROI: 3.87% Traditional ROI: 2.61%

Real Estate investment in Mill-spring, NC

There are 13 properties for sale in the city of Mill Spring . The median list price in Mill Spring is $345,000 and the average price per square foot is $310. In January 2026, the average monthly cash on cash return in Mill Spring is 2.00%. The average monthly rental income in Mill Spring is $1,364.

Mill-spring, NC Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 13 investment properties available for sale in Mill-spring.

In 2026, the best neighborhood to buy investment property is Mill Spring.

The ROI for Short-Term is higher than the Long-Term in Mill-spring with average rental income of $3,136.

Your search for investment property begins and ends here

Investment Property for Sale in Mill Spring, NC

119 Celestial Way

Mill Spring, NC

3 beds | 2 baths | 1,380 sq.ft.

$415,000

Airbnb cash on cash: 6.17%

Traditional cash on cash: 2.13%

Airbnb Rental Income: $4103

Traditional Rental Income: $1659

Airbnb ROI: 6.17%

Traditional ROI: 2.13%

1434 Lake Adger Road

Mill Spring, NC

4 beds | 3 baths | 1,188 sq.ft.

$599,800

Airbnb cash on cash: 6.31%

Traditional cash on cash: 2.32%

Airbnb Rental Income: $5310

Traditional Rental Income: $1999

Airbnb ROI: 6.31%

Traditional ROI: 2.32%

Birkdale Drive unit: 159 #159

Mill Spring, NC

3 beds | 3 baths | 2,476 sq.ft.

$1,476,206

Airbnb cash on cash: 0.2%

Traditional cash on cash: 1.05%

Airbnb Rental Income: $4103

Traditional Rental Income: $4390

Airbnb ROI: 0.2%

Traditional ROI: 1.05%

23 Laurel Crest Lane

Mill Spring, NC

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

$800,000

Airbnb cash on cash: 2.37%

Traditional cash on cash: 1.32%

Airbnb Rental Income: $4103

Traditional Rental Income: $2442

Airbnb ROI: 2.37%

Traditional ROI: 1.32%

256 School Road

Mill Spring, NC

2 beds | 2 baths | 1,340 sq.ft.

$325,000

Airbnb cash on cash: 5.79%

Traditional cash on cash: 4.51%

Airbnb Rental Income: $3136

Traditional Rental Income: $2033

Airbnb ROI: 5.79%

Traditional ROI: 4.51%

10105 NC Hwy 108 E

Mill Spring, NC

4 beds | 4 baths | 3,214 sq.ft.

$1,195,000

Airbnb cash on cash: 2.34%

Traditional cash on cash: 1.3%

Airbnb Rental Income: $5310

Traditional Rental Income: $3077

Airbnb ROI: 2.34%

Traditional ROI: 1.3%

723 N Highland Road

Mill Spring, NC

4 beds | 3 baths | 2,616 sq.ft.

$1,595,000

Airbnb cash on cash: 1.58%

Traditional cash on cash: 0.31%

Airbnb Rental Income: $5310

Traditional Rental Income: $2361

Airbnb ROI: 1.58%

Traditional ROI: 0.31%

1888 Pea Ridge Road

Mill Spring, NC

3 beds | 1 baths | N/A

$3,195,000

Airbnb cash on cash: 0.01%

Traditional cash on cash: -0.62%

Airbnb Rental Income: $4103

Traditional Rental Income: $1364

Airbnb ROI: 0.01%