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[TEST 2] Sandy Shores, Village Charm & Rentals From $95K

Three Michigan getaways, plus three occupied rentals with reported annual income of $9,600–$21,600.

Northwoods Daily · Monday, October 26

Sandy Shores, Village Charm & Rentals From $95K

This Monday, October 26, Northwoods heads across Michigan for a sandy-shore cottage, a private Round Lake retreat and a historic Suttons Bay compound. Presented by Bill Adolfsen, today's mix also includes three tenant-occupied long-term rentals—a different investment path from the vacation-home selections.

6
New homes
$95,000
Starting at
3
With proven revenue
1339 Venice St, Dearborn, MI 48124
No. 1 · Dearborn, MI

Brick Ranch, Steady Rental Rhythm

1339 Venice St, Dearborn, MI 48124

This three-bedroom, two-bath Dearborn brick ranch pairs hardwood floors and generous natural light with a partially finished basement and deep backyard. Backing up to Corewell Health Hospital, it suits an investor comfortable with an existing tenancy: occupancy is not available sooner than June 2027.

Price
$249,900
Beds / Baths
3 / 2
Sq ft
2,001
$ / sq ft
$125
Stated revenue
$21,600/yr
Gross yield
8.6%
◆Partially finished basement
◆Detached 1.5-car garage
◆Backs to Corewell Health Hospital
The investor angleAt $249,900, reported rent of $1,800 monthly totals $21,600 annually—about an 8.6% gross yield before expenses, with tenant occupancy limiting near-term personal use.
Talk to Bill about this home →
3943 Wice Dr, Gladwin, MI 48624
No. 2 · Gladwin, MI

Room to Gather on Round Lake

3943 Wice Dr, Gladwin, MI 48624

Set back on a private road, this three-bedroom, two-bath Round Lake home offers a fenced, nearly acre-sized setting with water views from nearly every room. An extensively refreshed interior, open main level and lower-level gathering space with a kitchenette make it a natural fit for family getaways.

Price
$529,900
Beds / Baths
3 / 2
Sq ft
1,685
$ / sq ft
$314
◆Newly replaced main-level deck
◆Fenced setting near one acre
◆Lower-level gathering space and kitchenette
The investor angleAt $529,900, the lake setting and multiple gathering spaces support vacation-rental appeal, though no revenue figures are supplied to evaluate the listing's rental-history claim.
Talk to Bill about this home →
289 Martin Luther King Jr Blvd S, Pontiac, MI 48342
No. 3 · Pontiac, MI

A Bungalow Portfolio Starting Point

289 Martin Luther King Jr Blvd S, Pontiac, MI 48342

This three-bedroom Pontiac bungalow offers 922 square feet and a classic layout, with a long-term tenant already in place. It's a straightforward portfolio candidate rather than a vacation retreat; showings require an accepted offer, and buyers must not approach the property or disturb tenants.

Price
$95,000
Beds / Baths
3 / 1
Sq ft
922
$ / sq ft
$103
Stated revenue
$9,600/yr
Gross yield
10.1%
◆Electrical meter box replaced 2023
◆Tenant pays all utilities
◆Potential portfolio purchase
The investor angleThe $95,000 asking price and reported $9,600 annual rent imply roughly a 10.1% gross yield before expenses.
Talk to Bill about this home →
118 W Adams St, Suttons Bay, MI 49682
No. 4 · Suttons Bay, MI

Village Character, Separate Guest Quarters

118 W Adams St, Suttons Bay, MI 49682
0.17 acres

In downtown Suttons Bay, a 1910 home brings wood floors, a characterful staircase and a porch to a walkable village setting. A separate guest apartment above/with the detached garage adds flexibility for visitors or a studio, while a small upper-level bay view offers a glimpse of the water.

Price
$1,200,000
Beds / Baths
5 / 3
Sq ft
2,455
$ / sq ft
$489
◆Four-bedroom historic main house
◆Separate guest apartment with terrace
◆Oversized 26-by-30-foot two-car garage
The investor angleAt $1.2 million, village walkability and separate guest quarters anchor the appeal, but rental permissions and the apartment's kitchen configuration need verification before underwriting rental use.
Talk to Bill about this home →
6789 W Redman Dr, Lake City, MI 49651
No. 5 · Lake City, MI

Sandy Mornings, Hot Tub Nights

6789 W Redman Dr, Lake City, MI 49651

On Clayton Harbor Bay in Lake City, this four-bedroom cottage opens to 60 feet of private sandy shoreline, with French doors connecting bright living spaces to an expansive deck. A lake-view hot tub and an upstairs bedroom with a waterfront balcony suit families seeking a Northern Michigan escape with room to unwind.

Price
$639,900
Beds / Baths
4 / 3
Sq ft
1,728
$ / sq ft
$370
◆60 feet of sandy shoreline
◆Lake-view hot tub
◆Smart locks and Wi-Fi thermostats
The investor angleAt $639,900, private shoreline, a hot tub and reported VRBO history make a compelling vacation-rental proposition, but no revenue figures are provided to assess returns.
Talk to Bill about this home →
130 Parkdale Ave, Pontiac, MI 48340
No. 6 · Pontiac, MI

Updated Systems, Established Pontiac Tenancy

130 Parkdale Ave, Pontiac, MI 48340

This three-bedroom, one-bath Pontiac home combines a bright, functional layout with updated flooring and substantial system replacements. An existing long-term Section 8 tenant makes it a candidate for income-focused buyers; showings require an accepted offer, with no approaching the home or disturbing tenants.

Price
$109,000
Beds / Baths
3 / 1
Sq ft
961
$ / sq ft
$113
Stated revenue
$14,400/yr
Gross yield
13.2%
◆Sewer line replaced in 2018
◆New furnace in 2022
◆Updated flooring throughout in 2024
The investor angleAt $109,000, reported rent of $1,200 monthly delivers $14,400 annually—roughly a 13.2% gross yield before expenses—with the tenant paying all utilities.
Talk to Bill about this home →
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