Real Estate Investment Properties for Sale in Coloma, MI

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
5564 Newton Avenue Coloma, MI DON'T MISS THIS 3 BR, 2.5 Bath Ranch w/2-Car Garage...Located on a Double Lot in a Well-Ma...	3 beds \| 3 baths \| 1,812 sq.ft.	$298,000	Airbnb cash on cash: -0.32% Traditional cash on cash: 6.57% Airbnb Rental Income: $1001 Traditional Rental Income: $2578 Airbnb ROI: -0.32% Traditional ROI: 6.57%
5074 Woodward Coloma, MI This ranch home puts you in the heart of Coloma. Fishing, restaurants, and the downtown ar...	3 beds \| 2 baths \| 1,484 sq.ft.	$235,000	Airbnb cash on cash: 0.64% Traditional cash on cash: 6.4% Airbnb Rental Income: $1001 Traditional Rental Income: $1926 Airbnb ROI: 0.64% Traditional ROI: 6.4%
5568 Paw Paw Lake Road Coloma, MI Two Modern Homes, One Extraordinary Property A Rare Dual-Home Retreat Near the Lake - Desi...	4 beds \| N/A baths \| N/A	$847,000	Airbnb cash on cash: -0.16% Traditional cash on cash: 1.65% Airbnb Rental Income: $1580 Traditional Rental Income: $2555 Airbnb ROI: -0.16% Traditional ROI: 1.65%
5036 Shoreview Drive Coloma, MI Incredible home in Yacht Club Point with DEEDED ACCESS to beautiful Paw Paw Lake! This nea...	4 beds \| 3 baths \| 2,754 sq.ft.	$699,000	Airbnb cash on cash: -0.49% Traditional cash on cash: 2.55% Airbnb Rental Income: $1580 Traditional Rental Income: $3105 Airbnb ROI: -0.49% Traditional ROI: 2.55%
3251 Friday Road Coloma, MI Versatile and move-in ready, this 2-bedroom, 2-bath home offers comfort, updates, and uniq...	2 beds \| 2 baths \| 2,384 sq.ft.	$349,900	Airbnb cash on cash: 0.13% Traditional cash on cash: 5.35% Airbnb Rental Income: $1174 Traditional Rental Income: $2507 Airbnb ROI: 0.13% Traditional ROI: 5.35%
7881 Lakewood Drive Coloma, MI Spectacular 4br/4ba waterfront home on 85' of Paw Paw Lake frontage! This beautifully desi...	4 beds \| 5 baths \| 4,253 sq.ft.	$2,650,000	Airbnb cash on cash: -0.87% Traditional cash on cash: 1.89% Airbnb Rental Income: $1580 Traditional Rental Income: $7916 Airbnb ROI: -0.87% Traditional ROI: 1.89%
5081 Woodward Ave Coloma, MI Spacious 3-bedroom, 2-bath ranch offering nearly 2,000 sq. ft. of comfortable living space...	3 beds \| 2 baths \| 2,104 sq.ft.	$239,900	Airbnb cash on cash: -0.11% Traditional cash on cash: 8.16% Airbnb Rental Income: $1001 Traditional Rental Income: $2522 Airbnb ROI: -0.11% Traditional ROI: 8.16%
45284 Co Rd 703 Coloma, MI This 3 bed 2 bath ranch style home sits on a serene 20 acres and has an additional garage ...	3 beds \| 2 baths \| 1,680 sq.ft.	$599,900	Airbnb cash on cash: -0.39% Traditional cash on cash: 3.46% Airbnb Rental Income: $1001 Traditional Rental Income: $2800 Airbnb ROI: -0.39% Traditional ROI: 3.46%
6128 M 63 N Coloma, MI Turnkey Investment Near Lake Michigan! Unlock the potential of this proven income-producin...	7 beds \| N/A baths \| N/A	$535,000	Airbnb cash on cash: 0.65% Traditional cash on cash: 0.92% Airbnb Rental Income: $1935 Traditional Rental Income: $1561 Airbnb ROI: 0.65% Traditional ROI: 0.92%
7039 Curtis Drive Coloma, MI Opportunity knocks with this well-cared-for brick duplex offering flexibility for living, ...	4 beds \| N/A baths \| N/A	$249,995	Airbnb cash on cash: 2.18% Traditional cash on cash: 4.31% Airbnb Rental Income: $1580 Traditional Rental Income: $1630 Airbnb ROI: 2.18% Traditional ROI: 4.31%
4051 Highview Path Coloma, MI 4051 Highview Path, Coloma, MI 49038 \| Other	N/A beds \| N/A baths \| N/A	$100,000	Airbnb cash on cash: 1.03% Traditional cash on cash: 4.96% Airbnb Rental Income: $749 Traditional Rental Income: $818 Airbnb ROI: 1.03% Traditional ROI: 4.96%
43278 Whispering Pines Path #9 Coloma, MI 43278 Whispering Pines Path #9, Coloma, MI 49038 \| Other	N/A beds \| N/A baths \| N/A	$35,000	Airbnb cash on cash: -2.8% Traditional cash on cash: 10.67% Airbnb Rental Income: $749 Traditional Rental Income: $934 Airbnb ROI: -2.8% Traditional ROI: 10.67%
0 Mountain Rd Coloma, MI 0 Mountain Rd, Coloma, MI 49038 \| Other	N/A beds \| N/A baths \| N/A	$159,900	Airbnb cash on cash: -0.27% Traditional cash on cash: 0.48% Airbnb Rental Income: $749 Traditional Rental Income: $550 Airbnb ROI: -0.27% Traditional ROI: 0.48%
7927 Lakewood Dr Coloma, MI 7927 Lakewood Dr, Coloma, MI 49038 \| Single Family Residential	4 beds \| 2 baths \| 1,723 sq.ft.	$1,350,000	Airbnb cash on cash: -1.71% Traditional cash on cash: -0.99% Airbnb Rental Income: $1580 Traditional Rental Income: $2025 Airbnb ROI: -1.71% Traditional ROI: -0.99%
5251 Paw Paw Lake Road #16 Coloma, MI Good morning, sunshine! Enjoy breathtaking sunrise views from this spacious four-bedroom, ...	4 beds \| 3 baths \| 1,923 sq.ft.	$575,000	Airbnb cash on cash: -1.05% Traditional cash on cash: 2.85% Airbnb Rental Income: $1580 Traditional Rental Income: $3219 Airbnb ROI: -1.05% Traditional ROI: 2.85%
5363 Paw Paw Lake Road Coloma, MI Experience the pinnacle of lakefront luxury on Southwest Michigan's premier 900-acre lake....	5 beds \| 4 baths \| 3,764 sq.ft.	$2,499,000	Airbnb cash on cash: -1.38% Traditional cash on cash: -0.03% Airbnb Rental Income: $1935 Traditional Rental Income: $4546 Airbnb ROI: -1.38% Traditional ROI: -0.03%
5901 Carmody Rd Coloma, MI 5901 Carmody Rd, Coloma, MI 49038 \| Single Family Residential	4 beds \| 2 baths \| 2,584 sq.ft.	$485,000	Airbnb cash on cash: -0.25% Traditional cash on cash: 2.23% Airbnb Rental Income: $1580 Traditional Rental Income: $2253 Airbnb ROI: -0.25% Traditional ROI: 2.23%
208 S Church St Coloma, MI 208 S Church St, Coloma, MI 49038 \| Single Family Residential	3 beds \| 2 baths \| 1,648 sq.ft.	$239,900	Airbnb cash on cash: -0.08% Traditional cash on cash: 5.68% Airbnb Rental Income: $1001 Traditional Rental Income: $1953 Airbnb ROI: -0.08% Traditional ROI: 5.68%
7038 Little Paw Paw Lake Rd Coloma, MI 7038 Little Paw Paw Lake Rd, Coloma, MI 49038 \| Single Family Residential	5 beds \| 3 baths \| 2,576 sq.ft.	$469,000	Airbnb cash on cash: 0.5% Traditional cash on cash: N/A Airbnb Rental Income: $1935 Traditional Rental Income: $0 Airbnb ROI: 0.5% Traditional ROI: N/A
6783 Red Arrow Highway Coloma, MI Three bedroom, 2 bath, traditional brick ranch on just over an acre in Coloma Township!! G...	3 beds \| 2 baths \| 1,526 sq.ft.	$265,000	Airbnb cash on cash: -0.01% Traditional cash on cash: 7.23% Airbnb Rental Income: $1001 Traditional Rental Income: $2456 Airbnb ROI: -0.01% Traditional ROI: 7.23%
7030 N Maple Drive Coloma, MI Over 3,000 square feet of living space on the Paw Paw Lake channel! If outdoor living spac...	4 beds \| 3 baths \| 3,340 sq.ft.	$809,500	Airbnb cash on cash: -0.68% Traditional cash on cash: 4.03% Airbnb Rental Income: $1580 Traditional Rental Income: $4684 Airbnb ROI: -0.68% Traditional ROI: 4.03%
78720 County Road 376 Coloma, MI Discover this exceptional barndominium nestled on 50 breathtaking acres that border protec...	1 beds \| 2 baths \| 3,309 sq.ft.	$650,000	Airbnb cash on cash: -0.81% Traditional cash on cash: 1.41% Airbnb Rental Income: $982 Traditional Rental Income: $1973 Airbnb ROI: -0.81% Traditional ROI: 1.41%
7896 Central Avenue Coloma, MI Welcome to an exceptional chance to own a versatile duplex just steps away from beautiful ...	4 beds \| N/A baths \| N/A	$268,900	Airbnb cash on cash: 1.82% Traditional cash on cash: 6.58% Airbnb Rental Income: $1580 Traditional Rental Income: $2334 Airbnb ROI: 1.82% Traditional ROI: 6.58%
205 Sassafrass Street Coloma, MI Charming bungalow set on a rare .86-acre city lot with mature trees and a spacious yard th...	2 beds \| 1 baths \| 1,142 sq.ft.	$149,000	Airbnb cash on cash: 2.98% Traditional cash on cash: 8.01% Airbnb Rental Income: $1174 Traditional Rental Income: $1507 Airbnb ROI: 2.98% Traditional ROI: 8.01%

Real Estate investment in Coloma, MI

There are 30 properties for sale in the city of Coloma . The median list price in Coloma is $269,400 and the average price per square foot is $129. In May 2026, the average monthly cash on cash return in Coloma is 4.00%. The average monthly rental income in Coloma is $1,959.

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

There are 30 investment properties available for sale in Coloma.

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

The ROI for Short-Term is higher than the Long-Term in Coloma with average rental income of $1,001.

Your search for investment property begins and ends here

Investment Property for Sale in Coloma, MI

5564 Newton Avenue

Coloma, MI

3 beds | 3 baths | 1,812 sq.ft.

$298,000

Airbnb cash on cash: -0.32%

Traditional cash on cash: 6.57%

Airbnb Rental Income: $1001

Traditional Rental Income: $2578

Airbnb ROI: -0.32%

Traditional ROI: 6.57%

5074 Woodward

Coloma, MI

3 beds | 2 baths | 1,484 sq.ft.

$235,000

Airbnb cash on cash: 0.64%

Traditional cash on cash: 6.4%

Airbnb Rental Income: $1001

Traditional Rental Income: $1926

Airbnb ROI: 0.64%

Traditional ROI: 6.4%

5568 Paw Paw Lake Road

Coloma, MI

4 beds | N/A baths | N/A

$847,000

Airbnb cash on cash: -0.16%

Traditional cash on cash: 1.65%

Airbnb Rental Income: $1580

Traditional Rental Income: $2555

Airbnb ROI: -0.16%

Traditional ROI: 1.65%

5036 Shoreview Drive

Coloma, MI

4 beds | 3 baths | 2,754 sq.ft.

$699,000

Airbnb cash on cash: -0.49%

Traditional cash on cash: 2.55%

Airbnb Rental Income: $1580

Traditional Rental Income: $3105

Airbnb ROI: -0.49%

Traditional ROI: 2.55%

3251 Friday Road

Coloma, MI

2 beds | 2 baths | 2,384 sq.ft.

$349,900

Airbnb cash on cash: 0.13%

Traditional cash on cash: 5.35%

Airbnb Rental Income: $1174

Traditional Rental Income: $2507

Airbnb ROI: 0.13%

Traditional ROI: 5.35%

7881 Lakewood Drive

Coloma, MI

4 beds | 5 baths | 4,253 sq.ft.

$2,650,000

Airbnb cash on cash: -0.87%

Traditional cash on cash: 1.89%

Airbnb Rental Income: $1580

Traditional Rental Income: $7916

Airbnb ROI: -0.87%

Traditional ROI: 1.89%

5081 Woodward Ave

Coloma, MI

3 beds | 2 baths | 2,104 sq.ft.

$239,900

Airbnb cash on cash: -0.11%

Traditional cash on cash: 8.16%

Airbnb Rental Income: $1001

Traditional Rental Income: $2522

Airbnb ROI: -0.11%

Traditional ROI: 8.16%

45284 Co Rd 703

Coloma, MI

3 beds | 2 baths | 1,680 sq.ft.

$599,900

Airbnb cash on cash: -0.39%

Traditional cash on cash: 3.46%

Airbnb Rental Income: $1001

Traditional Rental Income: $2800

Airbnb ROI: -0.39%