Real Estate Investment Properties for Sale in Coldwater, MI

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
527 N Snow Prairie Road Coldwater, MI Motocross riders - your dream setup is here! Just minutes from the track, this charming 3-...	3 beds \| 1 baths \| 1,102 sq.ft.	$234,990	Airbnb cash on cash: 2.23% Traditional cash on cash: 6.07% Airbnb Rental Income: $1352 Traditional Rental Income: $1791 Airbnb ROI: 2.23% Traditional ROI: 6.07%
10 Fairfield Drive Coldwater, MI This meticulously maintained 5-bedroom, 3-bath home blends modern updates with timeless ch...	5 beds \| 3 baths \| 2,775 sq.ft.	$344,900	Airbnb cash on cash: 7.98% Traditional cash on cash: 8.65% Airbnb Rental Income: $4253 Traditional Rental Income: $3573 Airbnb ROI: 7.98% Traditional ROI: 8.65%
497 Iyopawa Road Coldwater, MI Coldwater Lake This beautiful lakefront home has plenty of space for all! Expansive lo...	4 beds \| 3 baths \| 2,100 sq.ft.	$969,900	Airbnb cash on cash: 1.68% Traditional cash on cash: 0.45% Airbnb Rental Income: $4557 Traditional Rental Income: $2497 Airbnb ROI: 1.68% Traditional ROI: 0.45%
56 Thompson Boulevard Coldwater, MI SELLER OFFERING 2% CLOSING COST CONCESSION!! New construction 3 bedroom, 2 bath home in Th...	3 beds \| 2 baths \| 3,000 sq.ft.	$299,900	Airbnb cash on cash: 0.47% Traditional cash on cash: 4.55% Airbnb Rental Income: $1352 Traditional Rental Income: $2089 Airbnb ROI: 0.47% Traditional ROI: 4.55%
471 Mallard Drive Coldwater, MI House and Garage can be sold separately. Come visit and ask me how! All Sport Lake of the ...	3 beds \| 2 baths \| 2,016 sq.ft.	$329,900	Airbnb cash on cash: 0.9% Traditional cash on cash: 6.01% Airbnb Rental Income: $1352 Traditional Rental Income: $2522 Airbnb ROI: 0.9% Traditional ROI: 6.01%
263 Morse Street Coldwater, MI Welcome HOME! This fully remodeled 3-bedroom, 2.5-bath home has been updated from top to b...	3 beds \| 2 baths \| 1,820 sq.ft.	$295,000	Airbnb cash on cash: 1.69% Traditional cash on cash: 6.98% Airbnb Rental Income: $1352 Traditional Rental Income: $2405 Airbnb ROI: 1.69% Traditional ROI: 6.98%
28 Avery Drive Coldwater, MI Nice ranch home with three bedrooms, one and a half baths, large living room,dining area, ...	3 beds \| 2 baths \| 1,176 sq.ft.	$155,000	Airbnb cash on cash: 3.84% Traditional cash on cash: 11.65% Airbnb Rental Income: $1352 Traditional Rental Income: $2095 Airbnb ROI: 3.84% Traditional ROI: 11.65%
727 Skipper Lane Coldwater, MI Time to hit the lake this summer in your new home. Located on the long channel, at the mou...	3 beds \| 2 baths \| 1,404 sq.ft.	$339,900	Airbnb cash on cash: 1.31% Traditional cash on cash: 6.28% Airbnb Rental Income: $1352 Traditional Rental Income: $2523 Airbnb ROI: 1.31% Traditional ROI: 6.28%
273 Raymond Drive Coldwater, MI Coldwater Ranch Home Come see this completely renovated home which includes new roof, Cent...	3 beds \| 2 baths \| 1,716 sq.ft.	$229,900	Airbnb cash on cash: 2.08% Traditional cash on cash: 9.38% Airbnb Rental Income: $1352 Traditional Rental Income: $2526 Airbnb ROI: 2.08% Traditional ROI: 9.38%
160 Fairfield Drive Coldwater, MI Welcome Home! This Charming ranch is ready for you to move in and make it your own. Update...	3 beds \| 1 baths \| 748 sq.ft.	$194,000	Airbnb cash on cash: 3.22% Traditional cash on cash: 7.4% Airbnb Rental Income: $1352 Traditional Rental Income: $1707 Airbnb ROI: 3.22% Traditional ROI: 7.4%
787 Doves Landing Coldwater, MI SELLER FINANCING/LAND CONTRACT POSSIBLE Enjoy the tranquility of channel front living wi...	2 beds \| 1 baths \| 1,240 sq.ft.	$299,000	Airbnb cash on cash: -0.18% Traditional cash on cash: 4.59% Airbnb Rental Income: $1031 Traditional Rental Income: $2011 Airbnb ROI: -0.18% Traditional ROI: 4.59%
62 Thompson Boulevard Coldwater, MI Say hello to this stunning 3-bedroom, 2-bath bi-level beauty where comfort, energy efficie...	3 beds \| 2 baths \| 1,458 sq.ft.	$324,900	Airbnb cash on cash: 1.09% Traditional cash on cash: 6.48% Airbnb Rental Income: $1352 Traditional Rental Income: $2584 Airbnb ROI: 1.09% Traditional ROI: 6.48%
242 Bickford Drive Coldwater, MI Escape to this completely remodeled 2 bedrooms, 1 bath Gem on channel to Bartholomew Lake....	2 beds \| 1 baths \| 1,000 sq.ft.	$279,000	Airbnb cash on cash: -0.33% Traditional cash on cash: 3.34% Airbnb Rental Income: $1031 Traditional Rental Income: $1633 Airbnb ROI: -0.33% Traditional ROI: 3.34%
585 Berrynoll Court Coldwater, MI Here's your chance to own a beautifully designed new build by Kiracofe Homes, part of the ...	3 beds \| 2 baths \| 1,622 sq.ft.	$499,900	Airbnb cash on cash: 0.74% Traditional cash on cash: 4.12% Airbnb Rental Income: $1352 Traditional Rental Income: $2520 Airbnb ROI: 0.74% Traditional ROI: 4.12%
928 Flint Road Coldwater, MI This one is a stunner!! Just in time for deer seaon! 17 acres of wooded recreational land,...	3 beds \| 1 baths \| 2,025 sq.ft.	$365,000	Airbnb cash on cash: 0.91% Traditional cash on cash: 3.13% Airbnb Rental Income: $1352 Traditional Rental Income: $1701 Airbnb ROI: 0.91% Traditional ROI: 3.13%
274 Hawley Center Drive Coldwater, MI MOTIVATED SELLER Morrison Lake North Chain of Lakes. Sellers have done all the work ...	2 beds \| 1 baths \| 1,339 sq.ft.	$459,900	Airbnb cash on cash: -0.14% Traditional cash on cash: 2.8% Airbnb Rental Income: $1031 Traditional Rental Income: $1935 Airbnb ROI: -0.14% Traditional ROI: 2.8%
198 W Chicago Road Coldwater, MI	4 beds \| 4 baths \| 3,301 sq.ft.	$825,000	Airbnb cash on cash: 2.85% Traditional cash on cash: 2.71% Airbnb Rental Income: $4557 Traditional Rental Income: $3496 Airbnb ROI: 2.85% Traditional ROI: 2.71%
535 W Chicago Street Coldwater, MI Beautifully updated home full basement , large yard for family enjoyment 2 Bedroom, 2 Bath...	2 beds \| 2 baths \| 1,232 sq.ft.	$199,900	Airbnb cash on cash: 0.86% Traditional cash on cash: 9.26% Airbnb Rental Income: $1031 Traditional Rental Income: $2264 Airbnb ROI: 0.86% Traditional ROI: 9.26%
566 Angler Avenue Coldwater, MI Fishing, family and fun on the North chain of lakes. Randall lake is among over 1100 Acres...	5 beds \| 2 baths \| 3,124 sq.ft.	$329,500	Airbnb cash on cash: 8.57% Traditional cash on cash: 7.5% Airbnb Rental Income: $4253 Traditional Rental Income: $3024 Airbnb ROI: 8.57% Traditional ROI: 7.5%
586 Schaeffer Drive Coldwater, MI Multigenerational Living Along the Sauk River! This 4 bedroom, 5 bathroom home offers a fl...	4 beds \| 4 baths \| 3,243 sq.ft.	$579,900	Airbnb cash on cash: 4.98% Traditional cash on cash: 9.43% Airbnb Rental Income: $4557 Traditional Rental Income: $6017 Airbnb ROI: 4.98% Traditional ROI: 9.43%
734 N Hawley Drive Coldwater, MI Charming 3-bedroom, 1-bath cottage on beautiful Morrison Lake! This lakefront gem features...	3 beds \| 1 baths \| 1,600 sq.ft.	$379,900	Airbnb cash on cash: 0.87% Traditional cash on cash: 4.26% Airbnb Rental Income: $1352 Traditional Rental Income: $2146 Airbnb ROI: 0.87% Traditional ROI: 4.26%
565 Willow Drive Coldwater, MI SELLER GIVING $5,000 TO ANY BUYER THAT PURCHASES THIS PROPERTY IN THE MONTH OF DECEMBER ...	2 beds \| 2 baths \| 1,150 sq.ft.	$274,900	Airbnb cash on cash: 0.58% Traditional cash on cash: 5.66% Airbnb Rental Income: $1031 Traditional Rental Income: $1985 Airbnb ROI: 0.58% Traditional ROI: 5.66%
297 Winhoven Drive Coldwater, MI This beautiful one and a half story year-round lake home with 3 bedrooms and 2 full bathro...	3 beds \| 2 baths \| 1,400 sq.ft.	$409,900	Airbnb cash on cash: 0.48% Traditional cash on cash: 5.16% Airbnb Rental Income: $1352 Traditional Rental Income: $2736 Airbnb ROI: 0.48% Traditional ROI: 5.16%
321 Kope Kon Point Coldwater, MI Welcome to Lake George. Just relax where 56 feet of natural sand lakefront is waiting for ...	3 beds \| 2 baths \| 2,000 sq.ft.	$775,000	Airbnb cash on cash: -1.54% Traditional cash on cash: 1.31% Airbnb Rental Income: $1352 Traditional Rental Income: $2993 Airbnb ROI: -1.54% Traditional ROI: 1.31%
32 E Pointe Drive Coldwater, MI 32 E Pointe move in ready, Situated within walking distance of shopping and amenities. Hom...	3 beds \| 2 baths \| 1,152 sq.ft.	$229,000	Airbnb cash on cash: 1.35% Traditional cash on cash: 6.73% Airbnb Rental Income: $1352 Traditional Rental Income: $2104 Airbnb ROI: 1.35% Traditional ROI: 6.73%
150 Oakwood Drive Coldwater, MI Step into luxury living with this like-new 3-bedroom, 2 full bath condo that combines comf...	3 beds \| 2 baths \| 1,830 sq.ft.	$315,000	Airbnb cash on cash: -0.29% Traditional cash on cash: 6.6% Airbnb Rental Income: $1352 Traditional Rental Income: $2979 Airbnb ROI: -0.29% Traditional ROI: 6.6%
911 Dragon Shores Drive Coldwater, MI Welcome to your adorable lakefront getaway on beautiful Dragon Lake! This charming 2 bedro...	2 beds \| 1 baths \| 980 sq.ft.	$350,000	Airbnb cash on cash: 0.02% Traditional cash on cash: 3.37% Airbnb Rental Income: $1031 Traditional Rental Income: $1770 Airbnb ROI: 0.02% Traditional ROI: 3.37%
600 One Straight Drive Coldwater, MI	4 beds \| 4 baths \| 4,100 sq.ft.	$799,900	Airbnb cash on cash: 2.96% Traditional cash on cash: 2.91% Airbnb Rental Income: $4557 Traditional Rental Income: $3571 Airbnb ROI: 2.96% Traditional ROI: 2.91%
268 Paradise Island Drive Coldwater, MI Escape to your own peaceful retreat with this cozy one-bedroom cottage perfectly situated ...	1 beds \| 1 baths \| 556 sq.ft.	$199,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.54% Airbnb Rental Income: $null Traditional Rental Income: $1442 Airbnb ROI: N/A Traditional ROI: 5.54%
370 Bishop Avenue Coldwater, MI Welcome to this exquisite custom-built Bob Buescher Home. Located in one of the area's mos...	5 beds \| N/A baths \| 3,517 sq.ft.	$589,900	Airbnb cash on cash: 3.96% Traditional cash on cash: 5.09% Airbnb Rental Income: $4253 Traditional Rental Income: $3975 Airbnb ROI: 3.96% Traditional ROI: 5.09%
44 Candlewood Court Coldwater, MI CALL LORI STURDEVANT FOR YOUR OPPORTUNITY TO TOUR THIS CUSTOM BUILT 4 BEDROOM, 4 BATH HOME...	4 beds \| 4 baths \| 3,829 sq.ft.	$499,900	Airbnb cash on cash: 5.14% Traditional cash on cash: 5.3% Airbnb Rental Income: $4557 Traditional Rental Income: $3684 Airbnb ROI: 5.14% Traditional ROI: 5.3%
322 W Chicago Road Coldwater, MI Welcome Home! This fully renovated 2-bedroom (with a possible 3rd) home sits on a peaceful...	2 beds \| 1 baths \| 1,565 sq.ft.	$264,000	Airbnb cash on cash: -0.13% Traditional cash on cash: 4.42% Airbnb Rental Income: $1031 Traditional Rental Income: $1803 Airbnb ROI: -0.13% Traditional ROI: 4.42%
222 Randy Drive Coldwater, MI Welcome to this charming 3 bedroom, 2 bathroom home that balances comfort and functionalit...	3 beds \| 2 baths \| 2,460 sq.ft.	$312,000	Airbnb cash on cash: 0.86% Traditional cash on cash: 7.47% Airbnb Rental Income: $1352 Traditional Rental Income: $2879 Airbnb ROI: 0.86% Traditional ROI: 7.47%
243 E Rose Road Coldwater, MI Welcome to your dream waterfront retreat on beautiful Rose Lake! This stunning 3-bedroom, ...	3 beds \| 2 baths \| 2,000 sq.ft.	$649,900	Airbnb cash on cash: -0.06% Traditional cash on cash: 3.38% Airbnb Rental Income: $1352 Traditional Rental Income: $3023 Airbnb ROI: -0.06% Traditional ROI: 3.38%
534 Hickory Lane Coldwater, MI OPEN HOUSE THIS SUNDAY 10/23/25 FROM 1-3 PM Lake life living at its best! This 3-bedroom, ...	3 beds \| 2 baths \| 1,248 sq.ft.	$475,000	Airbnb cash on cash: -0.16% Traditional cash on cash: 2.98% Airbnb Rental Income: $1352 Traditional Rental Income: $2331 Airbnb ROI: -0.16% Traditional ROI: 2.98%
90 Oakdale Lane Coldwater, MI Welcome to 90 Oakdale Ln, a spacious 4-bedroom, 3-bath condominium in Coldwater offering c...	4 beds \| 3 baths \| 3,066 sq.ft.	$280,000	Airbnb cash on cash: 9.41% Traditional cash on cash: 9.22% Airbnb Rental Income: $4557 Traditional Rental Income: $3558 Airbnb ROI: 9.41% Traditional ROI: 9.22%
421 Morse Street Coldwater, MI This beautifully remodeled 3-bedroom, 1-bath home in Coldwater offers the perfect blend of...	3 beds \| 1 baths \| 793 sq.ft.	$184,900	Airbnb cash on cash: 2.65% Traditional cash on cash: 7.4% Airbnb Rental Income: $1352 Traditional Rental Income: $1772 Airbnb ROI: 2.65% Traditional ROI: 7.4%
481 Quimby Road Coldwater, MI Nestled in a beautiful country setting, this charming 3-bedroom, 2-bath home sits on 26 pi...	3 beds \| 2 baths \| 1,892 sq.ft.	$399,900	Airbnb cash on cash: 0.74% Traditional cash on cash: 5.26% Airbnb Rental Income: $1352 Traditional Rental Income: $2632 Airbnb ROI: 0.74% Traditional ROI: 5.26%
772 Marias Drive Coldwater, MI Welcome to Shawnee Shoals at Coldwater Lake! This charming 3-bedroom, 2-bath ranch offers ...	3 beds \| 2 baths \| 1,725 sq.ft.	$299,900	Airbnb cash on cash: 1.34% Traditional cash on cash: 7.7% Airbnb Rental Income: $1352 Traditional Rental Income: $2733 Airbnb ROI: 1.34% Traditional ROI: 7.7%
566 Lake Drive unit: A #A Coldwater, MI Coldwater Lakefront Condo - Walk right out your back door to the Lake and enjoy summer! Th...	2 beds \| N/A baths \| 1,100 sq.ft.	$415,000	Airbnb cash on cash: -0.72% Traditional cash on cash: 2.38% Airbnb Rental Income: $1031 Traditional Rental Income: $1874 Airbnb ROI: -0.72% Traditional ROI: 2.38%

Real Estate investment in Coldwater, MI

There are 59 properties for sale in the city of Coldwater . The median list price in Coldwater is $299,900 and the average price per square foot is $164. In December 2025, the average monthly cash on cash return in Coldwater is 6.00%. The average monthly rental income in Coldwater is $2,451.

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

There are 59 investment properties available for sale in Coldwater.

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

The ROI for Long-Term is higher than the Short-Term in Coldwater with average rental income of $2,451.

Your search for investment property begins and ends here

Investment Property for Sale in Coldwater, MI

527 N Snow Prairie Road

Coldwater, MI

3 beds | 1 baths | 1,102 sq.ft.

$234,990

Airbnb cash on cash: 2.23%

Traditional cash on cash: 6.07%

Airbnb Rental Income: $1352

Traditional Rental Income: $1791

Airbnb ROI: 2.23%

Traditional ROI: 6.07%

10 Fairfield Drive

Coldwater, MI

5 beds | 3 baths | 2,775 sq.ft.

$344,900

Airbnb cash on cash: 7.98%

Traditional cash on cash: 8.65%

Airbnb Rental Income: $4253

Traditional Rental Income: $3573

Airbnb ROI: 7.98%

Traditional ROI: 8.65%

497 Iyopawa Road

Coldwater, MI

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

$969,900

Airbnb cash on cash: 1.68%

Traditional cash on cash: 0.45%

Airbnb Rental Income: $4557

Traditional Rental Income: $2497

Airbnb ROI: 1.68%

Traditional ROI: 0.45%

56 Thompson Boulevard

Coldwater, MI

3 beds | 2 baths | 3,000 sq.ft.

$299,900

Airbnb cash on cash: 0.47%

Traditional cash on cash: 4.55%

Airbnb Rental Income: $1352

Traditional Rental Income: $2089

Airbnb ROI: 0.47%

Traditional ROI: 4.55%

471 Mallard Drive

Coldwater, MI

3 beds | 2 baths | 2,016 sq.ft.

$329,900

Airbnb cash on cash: 0.9%

Traditional cash on cash: 6.01%

Airbnb Rental Income: $1352

Traditional Rental Income: $2522

Airbnb ROI: 0.9%

Traditional ROI: 6.01%

263 Morse Street

Coldwater, MI

3 beds | 2 baths | 1,820 sq.ft.

$295,000

Airbnb cash on cash: 1.69%

Traditional cash on cash: 6.98%

Airbnb Rental Income: $1352

Traditional Rental Income: $2405

Airbnb ROI: 1.69%

Traditional ROI: 6.98%

28 Avery Drive

Coldwater, MI

3 beds | 2 baths | 1,176 sq.ft.

$155,000

Airbnb cash on cash: 3.84%

Traditional cash on cash: 11.65%

Airbnb Rental Income: $1352

Traditional Rental Income: $2095

Airbnb ROI: 3.84%

Traditional ROI: 11.65%

727 Skipper Lane

Coldwater, MI

3 beds | 2 baths | 1,404 sq.ft.

$339,900

Airbnb cash on cash: 1.31%

Traditional cash on cash: 6.28%

Airbnb Rental Income: $1352

Traditional Rental Income: $2523

Airbnb ROI: 1.31%