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

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
5564 Newton Ave 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 \| 2 baths \| 1,812 sq.ft.	$275,000	Airbnb cash on cash: 1.37% Traditional cash on cash: 7.19% Airbnb Rental Income: $1510 Traditional Rental Income: $2578 Airbnb ROI: 1.37% Traditional ROI: 7.19%
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: 0.86% Traditional cash on cash: 1.65% Airbnb Rental Income: $2539 Traditional Rental Income: $2555 Airbnb ROI: 0.86% Traditional ROI: 1.65%
5036 Shoreview Dr Coloma, MI Incredible home in Yacht Club Point with ACCESS to beautiful Paw Paw Lake! This nearly 3,0...	4 beds \| 3 baths \| 2,754 sq.ft.	$649,000	Airbnb cash on cash: 0.87% Traditional cash on cash: 2.82% Airbnb Rental Income: $2539 Traditional Rental Income: $3105 Airbnb ROI: 0.87% Traditional ROI: 2.82%
3251 Friday Rd Coloma, MI Versatile and move-in ready, this 2-bedroom, 2-bath home offers comfort, updates, and uniq...	2 beds \| 1 baths \| 2,384 sq.ft.	$349,900	Airbnb cash on cash: 0.7% Traditional cash on cash: 5.35% Airbnb Rental Income: $1402 Traditional Rental Income: $2507 Airbnb ROI: 0.7% Traditional ROI: 5.35%
6027 Superior St Coloma, MI This SUPERB quality Lake Michigan Beach home was just completely remodeled from top to bot...	3 beds \| 1 baths \| 1,785 sq.ft.	$398,000	Airbnb cash on cash: 1.27% Traditional cash on cash: 4.13% Airbnb Rental Income: $1510 Traditional Rental Income: $2138 Airbnb ROI: 1.27% Traditional ROI: 4.13%
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.	$549,900	Airbnb cash on cash: 0.49% Traditional cash on cash: 3.86% Airbnb Rental Income: $1510 Traditional Rental Income: $2800 Airbnb ROI: 0.49% Traditional ROI: 3.86%
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: 0.02% Traditional cash on cash: 1% Airbnb Rental Income: $1510 Traditional Rental Income: $1561 Airbnb ROI: 0.02% Traditional ROI: 1%
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: N/A Traditional cash on cash: 4.96% Airbnb Rental Income: $null Traditional Rental Income: $818 Airbnb ROI: N/A 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: N/A Traditional cash on cash: 10.67% Airbnb Rental Income: $null Traditional Rental Income: $934 Airbnb ROI: N/A 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: N/A Traditional cash on cash: 0.48% Airbnb Rental Income: $null Traditional Rental Income: $550 Airbnb ROI: N/A 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.	$1,185,000	Airbnb cash on cash: -0.87% Traditional cash on cash: -0.78% Airbnb Rental Income: $2539 Traditional Rental Income: $2025 Airbnb ROI: -0.87% Traditional ROI: -0.78%
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: 1.52% Traditional cash on cash: 2.23% Airbnb Rental Income: $2539 Traditional Rental Income: $2253 Airbnb ROI: 1.52% Traditional ROI: 2.23%
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: 2.06% Traditional cash on cash: 3.73% Airbnb Rental Income: $2752 Traditional Rental Income: $2838 Airbnb ROI: 2.06% Traditional ROI: 3.73%
5410 Country Aire Dr #14 Coloma, MI Experience effortless lake living at this beautiful 2-bedroom, 2-bathroom condo on Paw Paw...	2 beds \| 1 baths \| 905 sq.ft.	$300,000	Airbnb cash on cash: -0.25% Traditional cash on cash: 2.3% Airbnb Rental Income: $1402 Traditional Rental Income: $1699 Airbnb ROI: -0.25% Traditional ROI: 2.3%
5005 Shoreview Dr Coloma, MI	4 beds \| 3 baths \| 2,682 sq.ft.	$1,090,000	Airbnb cash on cash: -0.72% Traditional cash on cash: 0.14% Airbnb Rental Income: $2539 Traditional Rental Income: $2800 Airbnb ROI: -0.72% Traditional ROI: 0.14%
6278 Harrison St Coloma, MI Enjoy all that Southwest Michigan has to offer from this well-maintained 3-bedroom, 2-bath...	3 beds \| 2 baths \| 1,441 sq.ft.	$354,900	Airbnb cash on cash: 1.18% Traditional cash on cash: 3.66% Airbnb Rental Income: $1510 Traditional Rental Income: $1894 Airbnb ROI: 1.18% Traditional ROI: 3.66%
4936 Shoreview Dr Coloma, MI	6 beds \| 3 baths \| 3,517 sq.ft.	$599,000	Airbnb cash on cash: 1.07% Traditional cash on cash: 2.36% Airbnb Rental Income: $2752 Traditional Rental Income: $2827 Airbnb ROI: 1.07% Traditional ROI: 2.36%
3459 Bessemer Rd Coloma, MI 3459 Bessemer Rd, Coloma, MI 49038 \| Other	N/A beds \| N/A baths \| N/A	$145,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.47% Airbnb Rental Income: $null Traditional Rental Income: $646 Airbnb ROI: N/A Traditional ROI: 1.47%
6744 Ryno Road Rd Coloma, MI Wonderful location for this lovely brick ranch home on 1 acre. Offers 3 bedrooms, kitchen ...	3 beds \| 1 baths \| 1,179 sq.ft.	$224,900	Airbnb cash on cash: 2.79% Traditional cash on cash: 4.11% Airbnb Rental Income: $1510 Traditional Rental Income: $1349 Airbnb ROI: 2.79% Traditional ROI: 4.11%
4080 Thar Rd Coloma, MI Imagine fishing, kayaking, or simply relaxing from your own private stretch of the Paw Paw...	3 beds \| 1 baths \| 2,448 sq.ft.	$599,000	Airbnb cash on cash: 0.38% Traditional cash on cash: 3.66% Airbnb Rental Income: $1510 Traditional Rental Income: $2903 Airbnb ROI: 0.38% Traditional ROI: 3.66%
189 Banks Street Coloma, MI Move-in ready and recently updated! This 4 bedroom, 1 bathroom home features numerous impr...	4 beds \| 1 baths \| 1,509 sq.ft.	$225,000	Airbnb cash on cash: 6.18% Traditional cash on cash: 5.08% Airbnb Rental Income: $2539 Traditional Rental Income: $1693 Airbnb ROI: 6.18% Traditional ROI: 5.08%
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: 0.38% Traditional cash on cash: 4.03% Airbnb Rental Income: $2539 Traditional Rental Income: $4684 Airbnb ROI: 0.38% Traditional ROI: 4.03%
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: 0.44% Traditional cash on cash: 2.85% Airbnb Rental Income: $2539 Traditional Rental Income: $3219 Airbnb ROI: 0.44% Traditional ROI: 2.85%
5646 M 63 N Coloma, MI Nestled among towering hardwoods on Southwest Michigan's coveted shoreline, this completel...	4 beds \| 4 baths \| 2,972 sq.ft.	$1,975,000	Airbnb cash on cash: -0.42% Traditional cash on cash: 1.05% Airbnb Rental Income: $2539 Traditional Rental Income: $4627 Airbnb ROI: -0.42% Traditional ROI: 1.05%
205 Sassafras Street Coloma, MI Beautiful 3 bedroom, 1 bath home situated on .89 acres of green grass and lovely landscapi...	3 beds \| 1 baths \| 1,142 sq.ft.	$219,900	Airbnb cash on cash: 3.07% Traditional cash on cash: 5.74% Airbnb Rental Income: $1510 Traditional Rental Income: $1626 Airbnb ROI: 3.07% Traditional ROI: 5.74%

Real Estate investment in Coloma, MI

There are 34 properties for sale in the city of Coloma . The median list price in Coloma is $174,410 and the average price per square foot is $83. In June 2026, the average monthly cash on cash return in Coloma is 4.00%. The average monthly rental income in Coloma is $1,939.

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

There are 34 investment properties available for sale in Coloma.

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

The ROI for Long-Term is higher than the Short-Term in Coloma with average rental income of $1,939.

Your search for investment property begins and ends here

Investment Property for Sale in Coloma, MI

5564 Newton Ave

Coloma, MI

3 beds | 2 baths | 1,812 sq.ft.

$275,000

Airbnb cash on cash: 1.37%

Traditional cash on cash: 7.19%

Airbnb Rental Income: $1510

Traditional Rental Income: $2578

Airbnb ROI: 1.37%

Traditional ROI: 7.19%

5568 Paw Paw Lake Rd

Coloma, MI

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

$847,000

Airbnb cash on cash: 0.86%

Traditional cash on cash: 1.65%

Airbnb Rental Income: $2539

Traditional Rental Income: $2555

Airbnb ROI: 0.86%

Traditional ROI: 1.65%

5036 Shoreview Dr

Coloma, MI

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

$649,000

Airbnb cash on cash: 0.87%

Traditional cash on cash: 2.82%

Airbnb Rental Income: $2539

Traditional Rental Income: $3105

Airbnb ROI: 0.87%

Traditional ROI: 2.82%

3251 Friday Rd

Coloma, MI

2 beds | 1 baths | 2,384 sq.ft.

$349,900

Airbnb cash on cash: 0.7%

Traditional cash on cash: 5.35%

Airbnb Rental Income: $1402

Traditional Rental Income: $2507

Airbnb ROI: 0.7%

Traditional ROI: 5.35%

6027 Superior St

Coloma, MI

3 beds | 1 baths | 1,785 sq.ft.

$398,000

Airbnb cash on cash: 1.27%

Traditional cash on cash: 4.13%

Airbnb Rental Income: $1510

Traditional Rental Income: $2138

Airbnb ROI: 1.27%

Traditional ROI: 4.13%

45284 Co Rd 703

Coloma, MI

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

$549,900

Airbnb cash on cash: 0.49%

Traditional cash on cash: 3.86%

Airbnb Rental Income: $1510

Traditional Rental Income: $2800

Airbnb ROI: 0.49%

Traditional ROI: 3.86%

6128 M 63 N

Coloma, MI

7 beds | N/A baths | N/A

$535,000

Airbnb cash on cash: 0.02%

Traditional cash on cash: 1%

Airbnb Rental Income: $1510

Traditional Rental Income: $1561

Airbnb ROI: 0.02%

Traditional ROI: 1%

4051 Highview Path

Coloma, MI

N/A beds | N/A baths | N/A

$100,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.96%

Airbnb Rental Income: $null

Traditional Rental Income: $818

Airbnb ROI: N/A