Condo Investment Properties for Sale in Grayling, MI

128- 2 Bed
- 1 Bath
- - sft


96- 2 Bed
- 1 Bath
- 1045 sft


115- 4 Bed
- 2 Bath
- 825 sft


103- 2 Bed
- 1 Bath
- 924 sft



- 3 Bed
- 2 Bath
- 1600 sft


137- 2 Bed
- 1 Bath
- 666 sft


122- 3 Bed
- 1 Bath
- 1800 sft


144- 3 Bed
- 1 Bath
- 1344 sft


94- 3 Bed
- 1 Bath
- 1010 sft


109- - Bed
- - Bath
- - sft


131- 3 Bed
- 3 Bath
- 1023 sft


108- 2 Bed
- 1 Bath
- 720 sft


127- 6 Bed
- 2 Bath
- 2388 sft



- 2 Bed
- 2 Bath
- 930 sft


109- 3 Bed
- 2 Bath
- 1296 sft


143- 3 Bed
- 1 Bath
- 1000 sft


145- 2 Bed
- 1 Bath
- 720 sft


128- 3 Bed
- 1 Bath
- 1485 sft


141- 2 Bed
- 1 Bath
- 1080 sft



- 3 Bed
- 2 Bath
- 1244 sft


129- 2 Bed
- 1 Bath
- 1320 sft


140- 2 Bed
- 1 Bath
- 804 sft


141- 3 Bed
- 1 Bath
- 1208 sft


91- 2 Bed
- 1 Bath
- 778 sft
Why Invest in Grayling, Michigan?
Investing in condos in Grayling, MI offers a promising entry point into Northern Michigan's thriving real estate market. The area's stable rental yields and respectable average cash flow make it appealing for investors seeking affordable properties. With an average ROI of 6.5% and a steady cap rate around 5%, condos here attract renters from seasonal tourism and local employment hubs. Appreciation is moderate, reflecting steady demand tied to Grayling's expanding outdoor recreational economy. Renter occupancy remains strong, supported by consistent demand from both year-round residents and seasonal visitors.
Frequently Asked Questions
The average ROI for condos in Grayling is approximately 6.5%, reflecting steady rental demand and moderate property appreciation in the area.
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