Real Estate Investment Properties for Sale in Dowagiac, MI

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

Explore a variety of short-term homes & houses in Dowagiac, MI. Invest wisely with VRBO & Dowagiac, MI Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Single Family Homes for Sale in Dowagiac, MI

Search for Single Family Residential for Sale in Dowagiac, Michigan. Browse all of Mashvisor’s Single Family Residential listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 64 Single Family Residential listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
27853 Burmax Park Dowagiac, MI Ranch style house with full basement and oversized 2 car garage is located on a quiet, low...	3 beds \| 2 baths \| 1,892 sq.ft.	$254,900	Airbnb cash on cash: 4.26% Traditional cash on cash: 7.66% Airbnb Rental Income: $2056 Traditional Rental Income: $2342 Airbnb ROI: 4.26% Traditional ROI: 7.66%
108 Hill Street Dowagiac, MI Don't Miss out on this Great Home. Larger corner lot with a large detached 3-car garage, p...	3 beds \| 3 baths \| 2,136 sq.ft.	$190,000	Airbnb cash on cash: 4.99% Traditional cash on cash: 11.18% Airbnb Rental Income: $2056 Traditional Rental Income: $2641 Airbnb ROI: 4.99% Traditional ROI: 11.18%
56200 California Road Dowagiac, MI Nestled among nearly 27 acres, this exceptional Dowagiac property offers a rare combinatio...	4 beds \| 2 baths \| 2,516 sq.ft.	$468,000	Airbnb cash on cash: 4.39% Traditional cash on cash: 2.94% Airbnb Rental Income: $3216 Traditional Rental Income: $1853 Airbnb ROI: 4.39% Traditional ROI: 2.94%
106 Hamilton St Dowagiac, MI Spacious 4 bedroom 2 bath home with loads of character. 10 ft. Ceilings on most of main le...	4 beds \| 2 baths \| 2,848 sq.ft.	$259,900	Airbnb cash on cash: 7.25% Traditional cash on cash: 7.46% Airbnb Rental Income: $3216 Traditional Rental Income: $2542 Airbnb ROI: 7.25% Traditional ROI: 7.46%
307 E Telegraph St Dowagiac, MI Recently updated and move-in ready, this cozy home offers an efficient layout that makes t...	2 beds \| 1 baths \| 651 sq.ft.	$116,900	Airbnb cash on cash: 4.54% Traditional cash on cash: 7.1% Airbnb Rental Income: $1162 Traditional Rental Income: $1068 Airbnb ROI: 4.54% Traditional ROI: 7.1%
31401 Middle Crossing Rd Dowagiac, MI Elegant two story home nestled in the middle of cherry orchards--3 wonderful outbuildings ...	4 beds \| 2 baths \| 2,754 sq.ft.	$639,900	Airbnb cash on cash: 2.24% Traditional cash on cash: 2.67% Airbnb Rental Income: $3216 Traditional Rental Income: $2748 Airbnb ROI: 2.24% Traditional ROI: 2.67%
67560 95th Ave Dowagiac, MI An affordable lakefront opportunity in the heart of Sister Lakes! Situated on beautiful Bi...	4 beds \| 2 baths \| 1,440 sq.ft.	$585,000	Airbnb cash on cash: 2.34% Traditional cash on cash: 1.97% Airbnb Rental Income: $3216 Traditional Rental Income: $2287 Airbnb ROI: 2.34% Traditional ROI: 1.97%
53027 Twin Lakes Rd Dowagiac, MI MOTIVATED SELLERS!! Property Now Offered With A $50,000 Price Reduction With A New Price O...	4 beds \| 3 baths \| 2,445 sq.ft.	$415,000	Airbnb cash on cash: 4.75% Traditional cash on cash: 6.24% Airbnb Rental Income: $3216 Traditional Rental Income: $3070 Airbnb ROI: 4.75% Traditional ROI: 6.24%
50479 Delling Dr Dowagiac, MI This is the magical vintage cottage we all remember going to for the summer as a child, or...	2 beds \| 1 baths \| 892 sq.ft.	$199,000	Airbnb cash on cash: 1.8% Traditional cash on cash: 5.67% Airbnb Rental Income: $1162 Traditional Rental Income: $1509 Airbnb ROI: 1.8% Traditional ROI: 5.67%
56777 M-51 S Dowagiac, MI This spacious 3-bedroom, 2-story brick home offers the perfect blend of comfort, versatili...	4 beds \| 2 baths \| 2,830 sq.ft.	$399,000	Airbnb cash on cash: 4.96% Traditional cash on cash: 6.88% Airbnb Rental Income: $3216 Traditional Rental Income: $3210 Airbnb ROI: 4.96% Traditional ROI: 6.88%
55945 Inn D Inn Dr Dowagiac, MI Location, Location, Location! This home offers all the perks of being near Indian Lake wit...	4 beds \| 2 baths \| 2,900 sq.ft.	$395,000	Airbnb cash on cash: 4.62% Traditional cash on cash: 5.27% Airbnb Rental Income: $3216 Traditional Rental Income: $2734 Airbnb ROI: 4.62% Traditional ROI: 5.27%
105 Lester Ave Dowagiac, MI *Seller is offering a permanent 1% mortgage rate buy-down for qualified buyers, helping re...	3 beds \| 1 baths \| 1,304 sq.ft.	$265,000	Airbnb cash on cash: 4.67% Traditional cash on cash: 7.14% Airbnb Rental Income: $2056 Traditional Rental Income: $2142 Airbnb ROI: 4.67% Traditional ROI: 7.14%
102 N Mill St Dowagiac, MI *Seller is offering a permanent 1% mortgage rate buy-down for qualified buyers, helping re...	3 beds \| 1 baths \| 1,304 sq.ft.	$259,900	Airbnb cash on cash: 4.78% Traditional cash on cash: 7.18% Airbnb Rental Income: $2056 Traditional Rental Income: $2113 Airbnb ROI: 4.78% Traditional ROI: 7.18%
28902 Yaw St Dowagiac, MI 28902 Yaw St, Dowagiac, MI 49047 \| Single Family Residential	4 beds \| 1 baths \| 1,919 sq.ft.	$299,900	Airbnb cash on cash: 5.97% Traditional cash on cash: 1.9% Airbnb Rental Income: $3216 Traditional Rental Income: $1342 Airbnb ROI: 5.97% Traditional ROI: 1.9%
30812 Polk Rd Dowagiac, MI 30812 Polk Rd, Dowagiac, MI 49047 \| Single Family Residential	2 beds \| 1 baths \| 957 sq.ft.	$850,000	Airbnb cash on cash: -1.66% Traditional cash on cash: -1.38% Airbnb Rental Income: $1162 Traditional Rental Income: $1003 Airbnb ROI: -1.66% Traditional ROI: -1.38%
33067 School St Dowagiac, MI 33067 School St, Dowagiac, MI 49047 \| Single Family Residential	7 beds \| 4 baths \| 2,280 sq.ft.	$575,000	Airbnb cash on cash: 1.62% Traditional cash on cash: 2.7% Airbnb Rental Income: $3011 Traditional Rental Income: $2902 Airbnb ROI: 1.62% Traditional ROI: 2.7%
63166 Lakeshore Dr Dowagiac, MI 63166 Lakeshore Dr, Dowagiac, MI 49047 \| Single Family Residential	3 beds \| 1 baths \| 972 sq.ft.	$259,900	Airbnb cash on cash: 3.31% Traditional cash on cash: 1.91% Airbnb Rental Income: $2056 Traditional Rental Income: $1181 Airbnb ROI: 3.31% Traditional ROI: 1.91%
62560 Gilmore Ave Dowagiac, MI 62560 Gilmore Ave, Dowagiac, MI 49047 \| Single Family Residential	5 beds \| 2 baths \| 1,684 sq.ft.	$300,000	Airbnb cash on cash: 5.36% Traditional cash on cash: 4.28% Airbnb Rental Income: $3011 Traditional Rental Income: $2015 Airbnb ROI: 5.36% Traditional ROI: 4.28%
67023 Lakeshore Dr Dowagiac, MI 67023 Lakeshore Dr, Dowagiac, MI 49047 \| Single Family Residential	3 beds \| 1 baths \| 900 sq.ft.	$469,900	Airbnb cash on cash: 0.73% Traditional cash on cash: -0.14% Airbnb Rental Income: $2056 Traditional Rental Income: $1142 Airbnb ROI: 0.73% Traditional ROI: -0.14%
67003 Lakeshore Dr Dowagiac, MI 67003 Lakeshore Dr, Dowagiac, MI 49047 \| Single Family Residential	4 beds \| 1 baths \| 1,437 sq.ft.	$499,900	Airbnb cash on cash: 2.6% Traditional cash on cash: 0.11% Airbnb Rental Income: $3216 Traditional Rental Income: $1327 Airbnb ROI: 2.6% Traditional ROI: 0.11%
106 Lagrange St Dowagiac, MI 106 Lagrange St, Dowagiac, MI 49047 \| Single Family Residential	3 beds \| 1 baths \| 1,875 sq.ft.	$365,000	Airbnb cash on cash: 1.66% Traditional cash on cash: 1.1% Airbnb Rental Income: $2056 Traditional Rental Income: $1335 Airbnb ROI: 1.66% Traditional ROI: 1.1%
31643 Frost St Dowagiac, MI 31643 Frost St, Dowagiac, MI 49047 \| Single Family Residential	1 beds \| 1 baths \| 1,620 sq.ft.	$449,900	Airbnb cash on cash: -1.66% Traditional cash on cash: 0.91% Airbnb Rental Income: $775 Traditional Rental Income: $1539 Airbnb ROI: -1.66% Traditional ROI: 0.91%
50330 Eastside Dr Dowagiac, MI 50330 Eastside Dr, Dowagiac, MI 49047 \| Single Family Residential	2 beds \| 1 baths \| 840 sq.ft.	$225,000	Airbnb cash on cash: 0.64% Traditional cash on cash: 1.72% Airbnb Rental Income: $1162 Traditional Rental Income: $1010 Airbnb ROI: 0.64% Traditional ROI: 1.72%
29460 M 62 W Dowagiac, MI MOTIVATED SELLER!!! Nestled on 4.65 scenic acres, this charming 2-bedroom, 1-bath home off...	2 beds \| 1 baths \| 912 sq.ft.	$220,000	Airbnb cash on cash: 1.39% Traditional cash on cash: 4.89% Airbnb Rental Income: $1162 Traditional Rental Income: $1509 Airbnb ROI: 1.39% Traditional ROI: 4.89%
403 Walnut St Dowagiac, MI 403 Walnut St, Dowagiac, MI 49047 \| Single Family Residential	1 beds \| 1 baths \| 1,138 sq.ft.	$99,000	Airbnb cash on cash: 1.28% Traditional cash on cash: 6.47% Airbnb Rental Income: $775 Traditional Rental Income: $956 Airbnb ROI: 1.28% Traditional ROI: 6.47%
50306 Pleasant St Dowagiac, MI 50306 Pleasant St, Dowagiac, MI 49047 \| Single Family Residential	4 beds \| 3 baths \| 2,014 sq.ft.	$475,000	Airbnb cash on cash: 2.86% Traditional cash on cash: 3.31% Airbnb Rental Income: $3216 Traditional Rental Income: $2694 Airbnb ROI: 2.86% Traditional ROI: 3.31%
29542 Priest St Dowagiac, MI Located near Sister Lakes, this stunning 3-bedroom, 2-bath country home sits on over an ac...	3 beds \| 2 baths \| 1,008 sq.ft.	$405,000	Airbnb cash on cash: 2.25% Traditional cash on cash: 3.09% Airbnb Rental Income: $2056 Traditional Rental Income: $1842 Airbnb ROI: 2.25% Traditional ROI: 3.09%
52290 Townhall Rd Dowagiac, MI 52290 Townhall Rd, Dowagiac, MI 49047 \| Single Family Residential	N/A beds \| N/A baths \| 1,453 sq.ft.	$135,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.56% Airbnb Rental Income: $null Traditional Rental Income: $1398 Airbnb ROI: N/A Traditional ROI: 7.56%
306 W Telegraph St Dowagiac, MI Welcome to this charming 3 bedroom home. This spacious home has a bonus room (leads to the...	3 beds \| 1 baths \| 2,118 sq.ft.	$275,000	Airbnb cash on cash: 3.9% Traditional cash on cash: 7.45% Airbnb Rental Income: $2056 Traditional Rental Income: $2445 Airbnb ROI: 3.9% Traditional ROI: 7.45%
50575 W Lakeshore Dr Dowagiac, MI 1,199,000! Thus recent price adjusted to directly reflect the desire for some cosmetic, in...	3 beds \| 2 baths \| 2,775 sq.ft.	$1,125,000	Airbnb cash on cash: -0.37% Traditional cash on cash: 0.91% Airbnb Rental Income: $2056 Traditional Rental Income: $2873 Airbnb ROI: -0.37% Traditional ROI: 0.91%
29376 Saddlebred Ln Dowagiac, MI Located in Saddlebred subdivision, this 3 Bedroom, 3 full Bath Ranch includes a full Basem...	3 beds \| 2 baths \| 1,868 sq.ft.	$389,900	Airbnb cash on cash: 2.21% Traditional cash on cash: 5.06% Airbnb Rental Income: $2056 Traditional Rental Income: $2567 Airbnb ROI: 2.21% Traditional ROI: 5.06%
307 Center Street Dowagiac, MI This Victorian-style home is full of timeless character and endless potential. Situated on...	5 beds \| 3 baths \| 3,257 sq.ft.	$275,000	Airbnb cash on cash: 6.21% Traditional cash on cash: 9.33% Airbnb Rental Income: $3011 Traditional Rental Income: $3130 Airbnb ROI: 6.21% Traditional ROI: 9.33%
31532 M 62 W Dowagiac, MI Enjoy country living in this four-bedroom home close to Dowagiac and Eau Claire. Move in r...	4 beds \| 1 baths \| 1,298 sq.ft.	$239,900	Airbnb cash on cash: 9.28% Traditional cash on cash: 5.69% Airbnb Rental Income: $3216 Traditional Rental Income: $1676 Airbnb ROI: 9.28% Traditional ROI: 5.69%
303 N Lowe Street Dowagiac, MI LOOKING FOR A HOME WITH A PEACEFUL, RELAXING, BACKYARD VIEW ... with the Potential for 720...	2 beds \| 1 baths \| 720 sq.ft.	$98,000	Airbnb cash on cash: 5.4% Traditional cash on cash: 10.8% Airbnb Rental Income: $1162 Traditional Rental Income: $1295 Airbnb ROI: 5.4% Traditional ROI: 10.8%
94579 County Road 690 Dowagiac, MI 94579 County Road 690, Dowagiac, MI 49047 \| Single Family Residential	5 beds \| 3 baths \| 3,495 sq.ft.	$1,249,900	Airbnb cash on cash: -0.61% Traditional cash on cash: -0.18% Airbnb Rental Income: $3011 Traditional Rental Income: $2830 Airbnb ROI: -0.61% Traditional ROI: -0.18%

Your search for investment property begins and ends here

Single Family Homes for Sale in Dowagiac, MI

27853 Burmax Park

Dowagiac, MI

3 beds | 2 baths | 1,892 sq.ft.

$254,900

Airbnb cash on cash: 4.26%

Traditional cash on cash: 7.66%

Airbnb Rental Income: $2056

Traditional Rental Income: $2342

Airbnb ROI: 4.26%

Traditional ROI: 7.66%

108 Hill Street

Dowagiac, MI

3 beds | 3 baths | 2,136 sq.ft.

$190,000

Airbnb cash on cash: 4.99%

Traditional cash on cash: 11.18%

Airbnb Rental Income: $2056

Traditional Rental Income: $2641

Airbnb ROI: 4.99%

Traditional ROI: 11.18%

56200 California Road

Dowagiac, MI

4 beds | 2 baths | 2,516 sq.ft.

$468,000

Airbnb cash on cash: 4.39%

Traditional cash on cash: 2.94%

Airbnb Rental Income: $3216

Traditional Rental Income: $1853

Airbnb ROI: 4.39%

Traditional ROI: 2.94%

106 Hamilton St

Dowagiac, MI

4 beds | 2 baths | 2,848 sq.ft.

$259,900

Airbnb cash on cash: 7.25%

Traditional cash on cash: 7.46%

Airbnb Rental Income: $3216

Traditional Rental Income: $2542

Airbnb ROI: 7.25%

Traditional ROI: 7.46%

307 E Telegraph St

Dowagiac, MI

2 beds | 1 baths | 651 sq.ft.

$116,900

Airbnb cash on cash: 4.54%

Traditional cash on cash: 7.1%

Airbnb Rental Income: $1162

Traditional Rental Income: $1068

Airbnb ROI: 4.54%

Traditional ROI: 7.1%

31401 Middle Crossing Rd

Dowagiac, MI

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

$639,900

Airbnb cash on cash: 2.24%

Traditional cash on cash: 2.67%

Airbnb Rental Income: $3216

Traditional Rental Income: $2748

Airbnb ROI: 2.24%

Traditional ROI: 2.67%

67560 95th Ave

Dowagiac, MI

4 beds | 2 baths | 1,440 sq.ft.

$585,000

Airbnb cash on cash: 2.34%

Traditional cash on cash: 1.97%

Airbnb Rental Income: $3216

Traditional Rental Income: $2287

Airbnb ROI: 2.34%

Traditional ROI: 1.97%

53027 Twin Lakes Rd

Dowagiac, MI

4 beds | 3 baths | 2,445 sq.ft.

$415,000

Airbnb cash on cash: 4.75%

Traditional cash on cash: 6.24%

Airbnb Rental Income: $3216

Traditional Rental Income: $3070

Airbnb ROI: 4.75%