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
6950 Shore Dr Coloma, MI Look! Paw Paw Lake. Beautifully updated waterfront property. Enjoy the gorgeous renovated ...	2 beds \| 1 baths \| 1,304 sq.ft.	$599,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.84% Airbnb Rental Income: $null Traditional Rental Income: $2253 Airbnb ROI: N/A Traditional ROI: 1.84%
189 Banks St Coloma, MI Affordable meets ideal location!. 3-bedroom, 1-bath Coloma home is the perfect opportunity...	3 beds \| 1 baths \| 1,497 sq.ft.	$119,900	Airbnb cash on cash: N/A Traditional cash on cash: 11.43% Airbnb Rental Income: $null Traditional Rental Income: $1693 Airbnb ROI: N/A Traditional ROI: 11.43%
5568 Paw Paw Lake Rd Coloma, MI Two Modern Homes, One Extraordinary Property A Rare Dual-Home Retreat Near the Lake - Desi...	4 beds \| N/A baths \| 2,600 sq.ft.	$847,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.65% Airbnb Rental Income: $null Traditional Rental Income: $2555 Airbnb ROI: N/A Traditional ROI: 1.65%
7030 N Maple Dr Coloma, MI Over 3,000 square feet of living space on the Paw Paw Lake channel! If outdoor living spac...	4 beds \| 2 baths \| 3,340 sq.ft.	$859,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.74% Airbnb Rental Income: $null Traditional Rental Income: $4684 Airbnb ROI: N/A Traditional ROI: 3.74%
4568 Wil-o-paw Dr Coloma, MI FULLY UPDATED! Taken down to the studs and now MOVE IN READY. 3 bedroom, 2 bath ranch. Bea...	3 beds \| 1 baths \| 1,358 sq.ft.	$259,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.53% Airbnb Rental Income: $null Traditional Rental Income: $1572 Airbnb ROI: N/A Traditional ROI: 4.53%
3481 Dearborn Pl Coloma, MI Charming, updated Bungalow with expansion potential near Lake Michigan! Bright and beautif...	3 beds \| 1 baths \| 1,000 sq.ft.	$248,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.33% Airbnb Rental Income: $null Traditional Rental Income: $1537 Airbnb ROI: N/A Traditional ROI: 4.33%
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.	$249,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.47% Airbnb Rental Income: $null Traditional Rental Income: $2522 Airbnb ROI: N/A Traditional ROI: 7.47%
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	$498,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.06% Airbnb Rental Income: $null Traditional Rental Income: $1561 Airbnb ROI: N/A Traditional ROI: 1.06%
6030 Paw Paw Lake Rd Coloma, MI Oh the views of Paw Paw Lake! This gem of a house was built across the street from the lak...	5 beds \| 3 baths \| 3,615 sq.ft.	$589,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.69% Airbnb Rental Income: $null Traditional Rental Income: $4043 Airbnb ROI: N/A Traditional ROI: 5.69%
7574 Little Paw Paw Lake Rd Coloma, MI Welcome to this beautifully maintained ranch-style home nestled in a peaceful neighborhood...	3 beds \| 2 baths \| 1,500 sq.ft.	$259,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.85% Airbnb Rental Income: $null Traditional Rental Income: $2229 Airbnb ROI: N/A Traditional ROI: 6.85%
4051 Highview Path Coloma, MI 4051 Highview Path, Coloma, MI 49038 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$102,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.82% Airbnb Rental Income: $null Traditional Rental Income: $818 Airbnb ROI: N/A Traditional ROI: 4.82%
6211 Lakewood Pointe Dr Coloma, MI 6211 Lakewood Pointe Dr, Coloma, MI 49038 \| Other	N/A beds \| N/A baths \| N/A	$94,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.69% Airbnb Rental Income: $null Traditional Rental Income: $550 Airbnb ROI: N/A Traditional ROI: 1.69%
4890 M-63 Coloma, MI 4890 M-63, Coloma, MI 49038 \| Other	N/A beds \| N/A baths \| N/A	$189,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.03% Airbnb Rental Income: $null Traditional Rental Income: $550 Airbnb ROI: N/A Traditional ROI: 0.03%
0 Pier Rd #8 Coloma, MI 0 Pier Rd #8, Coloma, MI 49038 \| Other	N/A beds \| N/A baths \| N/A	$492,000	Airbnb cash on cash: N/A Traditional cash on cash: -1.71% Airbnb Rental Income: $null Traditional Rental Income: $550 Airbnb ROI: N/A Traditional ROI: -1.71%
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: N/A Traditional cash on cash: 0.48% Airbnb Rental Income: $null Traditional Rental Income: $550 Airbnb ROI: N/A Traditional ROI: 0.48%

Real Estate investment in Coloma, MI

There are 18 properties for sale in the city of Coloma . The median list price in Coloma is $189,000 and the average price per square foot is $191. In February 2026, the average monthly cash on cash return in Coloma is 4.00%. The average monthly rental income in Coloma is $1,530.

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

There are 18 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 $N/A.

Your search for investment property begins and ends here

Investment Property for Sale in Coloma, MI

6950 Shore Dr

Coloma, MI

2 beds | 1 baths | 1,304 sq.ft.

$599,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.84%

Airbnb Rental Income: $null

Traditional Rental Income: $2253

Airbnb ROI: N/A

Traditional ROI: 1.84%

189 Banks St

Coloma, MI

3 beds | 1 baths | 1,497 sq.ft.

$119,900

Airbnb cash on cash: N/A

Traditional cash on cash: 11.43%

Airbnb Rental Income: $null

Traditional Rental Income: $1693

Airbnb ROI: N/A

Traditional ROI: 11.43%

5568 Paw Paw Lake Rd

Coloma, MI

4 beds | N/A baths | 2,600 sq.ft.

$847,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.65%

Airbnb Rental Income: $null

Traditional Rental Income: $2555

Airbnb ROI: N/A

Traditional ROI: 1.65%

7030 N Maple Dr

Coloma, MI

4 beds | 2 baths | 3,340 sq.ft.

$859,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.74%

Airbnb Rental Income: $null

Traditional Rental Income: $4684

Airbnb ROI: N/A

Traditional ROI: 3.74%

4568 Wil-o-paw Dr

Coloma, MI

3 beds | 1 baths | 1,358 sq.ft.

$259,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.53%

Airbnb Rental Income: $null

Traditional Rental Income: $1572

Airbnb ROI: N/A

Traditional ROI: 4.53%

3481 Dearborn Pl

Coloma, MI

3 beds | 1 baths | 1,000 sq.ft.

$248,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.33%

Airbnb Rental Income: $null

Traditional Rental Income: $1537

Airbnb ROI: N/A

Traditional ROI: 4.33%

5081 Woodward Ave

Coloma, MI

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

$249,900

Airbnb cash on cash: N/A

Traditional cash on cash: 7.47%

Airbnb Rental Income: $null

Traditional Rental Income: $2522

Airbnb ROI: N/A

Traditional ROI: 7.47%

6128 M 63 N

Coloma, MI

7 beds | N/A baths | N/A

$498,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.06%

Airbnb Rental Income: $null

Traditional Rental Income: $1561

Airbnb ROI: N/A