Real Estate Investment Properties for Sale in Lake Odessa, MI

Looking for investment property in Lake Odessa, MI with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
9604 E Brown Rd Lake Odessa, MI Welcome to this charming Lake Odessa farmhouse situated on over an acre with endless possi...	3 beds \| 1 baths \| 1,690 sq.ft.	$220,000	Airbnb cash on cash: 5.99% Traditional cash on cash: 6.61% Airbnb Rental Income: $2381 Traditional Rental Income: $1924 Airbnb ROI: 5.99% Traditional ROI: 6.61%
291 Lake Point Dr Lake Odessa, MI You don't want to miss out on this incredible opportunity! The attention to detail was not...	4 beds \| 3 baths \| 2,840 sq.ft.	$875,000	Airbnb cash on cash: -0.2% Traditional cash on cash: 2.5% Airbnb Rental Income: $1902 Traditional Rental Income: $3597 Airbnb ROI: -0.2% Traditional ROI: 2.5%
826 Morningside Ct Lake Odessa, MI Welcome to 826 Morningside! Located on a cul-de-sac, this well-maintained ranch-style home...	3 beds \| 2 baths \| 1,344 sq.ft.	$285,000	Airbnb cash on cash: 3.92% Traditional cash on cash: 5.37% Airbnb Rental Income: $2381 Traditional Rental Income: $2185 Airbnb ROI: 3.92% Traditional ROI: 5.37%
810 1st Street Lake Odessa, MI In the heart of the quaint and charming Village of Lake Odessa. The village has lots of Ea...	3 beds \| 2 baths \| 1,166 sq.ft.	$159,900	Airbnb cash on cash: 8.75% Traditional cash on cash: 3.65% Airbnb Rental Income: $2381 Traditional Rental Income: $1017 Airbnb ROI: 8.75% Traditional ROI: 3.65%
10130 Stahl Rd Lake Odessa, MI Three bedroom, two full bath ranch home on 2.85 country acres. Open floor plan with new LV...	3 beds \| 2 baths \| 1,156 sq.ft.	$235,000	Airbnb cash on cash: 6.14% Traditional cash on cash: 6.45% Airbnb Rental Income: $2381 Traditional Rental Income: $1863 Airbnb ROI: 6.14% Traditional ROI: 6.45%
752 Jordan Lake Ave Lake Odessa, MI Looking for a move-in ready home that doesn't require any DIY weekends? This 4-bed, 2-bath...	4 beds \| 2 baths \| 1,724 sq.ft.	$274,999	Airbnb cash on cash: 3.26% Traditional cash on cash: 7.46% Airbnb Rental Income: $1902 Traditional Rental Income: $2484 Airbnb ROI: 3.26% Traditional ROI: 7.46%
1846 W Tupper Heights Dr Lake Odessa, MI Two lake frontage lots and three lake access lots - Welcome to this exquisite and rare opp...	2 beds \| 1 baths \| 832 sq.ft.	$460,000	Airbnb cash on cash: -0.04% Traditional cash on cash: 1.55% Airbnb Rental Income: $1371 Traditional Rental Income: $1642 Airbnb ROI: -0.04% Traditional ROI: 1.55%
2565 Lapo Road Lake Odessa, MI Lakefront on Jordan Lake is available for immediate occupancy. This 2 bedroom and 2 bath m...	2 beds \| 2 baths \| 1,104 sq.ft.	$192,900	Airbnb cash on cash: 2.97% Traditional cash on cash: 8.95% Airbnb Rental Income: $1371 Traditional Rental Income: $2048 Airbnb ROI: 2.97% Traditional ROI: 8.95%
1518 E Tupper Lake Road Lake Odessa, MI One of a kind property, 3 bedroom 2 bath home on one acre. Beautiful country setting just ...	3 beds \| 2 baths \| 1,080 sq.ft.	$211,000	Airbnb cash on cash: 6.48% Traditional cash on cash: 7.13% Airbnb Rental Income: $2381 Traditional Rental Income: $1924 Airbnb ROI: 6.48% Traditional ROI: 7.13%
874 3rd Ave #12 Lake Odessa, MI New construction condo with up to 2,100 sq ft of potential living space, including 3 bedro...	2 beds \| 1 baths \| 1,108 sq.ft.	$364,900	Airbnb cash on cash: -0.89% Traditional cash on cash: 1.16% Airbnb Rental Income: $1371 Traditional Rental Income: $1654 Airbnb ROI: -0.89% Traditional ROI: 1.16%
874 3rd Ave #13 Lake Odessa, MI New construction condo with 2,100 sq ft of living space, including 3 bedrooms and 2.5 bath...	3 beds \| 2 baths \| 2,100 sq.ft.	$415,000	Airbnb cash on cash: 1.77% Traditional cash on cash: 2.95% Airbnb Rental Income: $2381 Traditional Rental Income: $2257 Airbnb ROI: 1.77% Traditional ROI: 2.95%
1033 Washington Blvd Lake Odessa, MI Welcome to this charming Tudor-style Arts & Crafts home, perfectly situated on a spacious ...	3 beds \| 2 baths \| 2,506 sq.ft.	$318,875	Airbnb cash on cash: 4.08% Traditional cash on cash: 6.22% Airbnb Rental Income: $2381 Traditional Rental Income: $2435 Airbnb ROI: 4.08% Traditional ROI: 6.22%
13025 Jordan Lake Road Lake Odessa, MI Charming country farmhouse nestled on a peaceful rural setting just minutes from Lake Odes...	2 beds \| 1 baths \| 1,564 sq.ft.	$185,000	Airbnb cash on cash: 2.48% Traditional cash on cash: 6.68% Airbnb Rental Income: $1371 Traditional Rental Income: $1693 Airbnb ROI: 2.48% Traditional ROI: 6.68%
621 Eagle Point Rd Lake Odessa, MI Living is easy in this beautifully renovated 4-bedroom, 2-bath home blending classic mid-c...	4 beds \| 2 baths \| 1,612 sq.ft.	$359,900	Airbnb cash on cash: 2.3% Traditional cash on cash: 6.19% Airbnb Rental Income: $1902 Traditional Rental Income: $2710 Airbnb ROI: 2.3% Traditional ROI: 6.19%
668 Eagle Point Road Lake Odessa, MI Welcome to a beautifully maintained waterfront retreat on desirable Jordan Lake. This invi...	4 beds \| 2 baths \| 1,729 sq.ft.	$525,000	Airbnb cash on cash: 0.92% Traditional cash on cash: 3.79% Airbnb Rental Income: $1902 Traditional Rental Income: $2805 Airbnb ROI: 0.92% Traditional ROI: 3.79%
785 Washington Blvd Lake Odessa, MI Charming, cozy, and perfectly located! This delightful bungalow in the Village of Lake Ode...	3 beds \| 2 baths \| 2,052 sq.ft.	$250,000	Airbnb cash on cash: 4.13% Traditional cash on cash: 7.65% Airbnb Rental Income: $2381 Traditional Rental Income: $2625 Airbnb ROI: 4.13% Traditional ROI: 7.65%
1055 Tupper Lake St Lake Odessa, MI 1055 Tupper Lake St, Lake Odessa, MI 48849 \| Multi Family	N/A beds \| N/A baths \| 2,049 sq.ft.	$279,900	Airbnb cash on cash: 3.93% Traditional cash on cash: 4.6% Airbnb Rental Income: $2381 Traditional Rental Income: $1972 Airbnb ROI: 3.93% Traditional ROI: 4.6%
911 Washington Blvd Lake Odessa, MI This two story home offers a great mix of indoor comfort and outdoor enjoyment. There is f...	5 beds \| 1 baths \| 2,112 sq.ft.	$265,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.62% Airbnb Rental Income: $null Traditional Rental Income: $2857 Airbnb ROI: N/A Traditional ROI: 9.62%
1138 Lakeview Dr Lake Odessa, MI Lakefront investors / homeowners dream. Larger lot (3 lots) on the north shores of Jordan ...	4 beds \| 1 baths \| 2,728 sq.ft.	$640,000	Airbnb cash on cash: 0.39% Traditional cash on cash: 1.34% Airbnb Rental Income: $1902 Traditional Rental Income: $1964 Airbnb ROI: 0.39% Traditional ROI: 1.34%
1510 Alger Street Lake Odessa, MI You will not find a more beautiful piece of property in Lake Odessa. This 4 bedroom modula...	4 beds \| 2 baths \| 1,824 sq.ft.	$364,900	Airbnb cash on cash: 1.92% Traditional cash on cash: 5.58% Airbnb Rental Income: $1902 Traditional Rental Income: $2650 Airbnb ROI: 1.92% Traditional ROI: 5.58%
25 W Tupper Lake Road Lake Odessa, MI Welcome HOME to country living! This home is cozy but offers everything you need and a few...	3 beds \| 1 baths \| 1,664 sq.ft.	$198,900	Airbnb cash on cash: 6.99% Traditional cash on cash: 7.73% Airbnb Rental Income: $2381 Traditional Rental Income: $1934 Airbnb ROI: 6.99% Traditional ROI: 7.73%
1321 Pearl Street Lake Odessa, MI Charming 2 bedroom, one bath home offering 768 sq ft of comfortable living space in a quie...	2 beds \| 1 baths \| 768 sq.ft.	$164,750	Airbnb cash on cash: 4.07% Traditional cash on cash: 7.07% Airbnb Rental Income: $1371 Traditional Rental Income: $1425 Airbnb ROI: 4.07% Traditional ROI: 7.07%
766 4th Ave #523 Lake Odessa, MI 766 4th Ave #523, Lake Odessa, MI 48849 \| Single Family Residential	4 beds \| 3 baths \| 2,181 sq.ft.	$280,000	Airbnb cash on cash: 2.42% Traditional cash on cash: 7.99% Airbnb Rental Income: $1902 Traditional Rental Income: $2867 Airbnb ROI: 2.42% Traditional ROI: 7.99%
10602 Jordan Lake Rd Lake Odessa, MI 10602 Jordan Lake Rd, Lake Odessa, MI 48849 \| Single Family Residential	5 beds \| 2 baths \| 2,700 sq.ft.	$342,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.62% Airbnb Rental Income: $null Traditional Rental Income: $2389 Airbnb ROI: N/A Traditional ROI: 4.62%
1845 W Tupper Heights Dr Lake Odessa, MI Wake up each morning to breathtaking lake views and endless opportunities to enjoy waterfr...	2 beds \| 2 baths \| 1,094 sq.ft.	$199,000	Airbnb cash on cash: 2.85% Traditional cash on cash: 6.65% Airbnb Rental Income: $1371 Traditional Rental Income: $1671 Airbnb ROI: 2.85% Traditional ROI: 6.65%
10375 Bliss Rd Lake Odessa, MI Great location! Just minutes from I-96, this lovely home offers so much potential for expa...	2 beds \| 2 baths \| 1,344 sq.ft.	$305,000	Airbnb cash on cash: 1.25% Traditional cash on cash: 4.75% Airbnb Rental Income: $1371 Traditional Rental Income: $1958 Airbnb ROI: 1.25% Traditional ROI: 4.75%
1304 Pearl St Lake Odessa, MI 1304 Pearl St, Lake Odessa, MI 48849 \| Single Family Residential	2 beds \| 1 baths \| 1,400 sq.ft.	$174,900	Airbnb cash on cash: 2.66% Traditional cash on cash: 6% Airbnb Rental Income: $1371 Traditional Rental Income: $1511 Airbnb ROI: 2.66% Traditional ROI: 6%
100 W Musgrove Hwy Lake Odessa, MI 100 W Musgrove Hwy, Lake Odessa, MI 48849 \| Single Family Residential	4 beds \| 3 baths \| 3,471 sq.ft.	$599,900	Airbnb cash on cash: -0.2% Traditional cash on cash: 2.91% Airbnb Rental Income: $1902 Traditional Rental Income: $3139 Airbnb ROI: -0.2% Traditional ROI: 2.91%
13404 Cherry St Lake Odessa, MI 13404 Cherry St, Lake Odessa, MI 48849 \| Manufactured Home	3 beds \| 2 baths \| 1,404 sq.ft.	$279,000	Airbnb cash on cash: 3.95% Traditional cash on cash: 5.17% Airbnb Rental Income: $2381 Traditional Rental Income: $2115 Airbnb ROI: 3.95% Traditional ROI: 5.17%
918 Emerald Cir Lake Odessa, MI 918 Emerald Cir, Lake Odessa, MI 48849 \| Single Family Residential	5 beds \| 3 baths \| 2,788 sq.ft.	$425,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.91% Airbnb Rental Income: $null Traditional Rental Income: $3052 Airbnb ROI: N/A Traditional ROI: 4.91%

Real Estate investment in Lake-odessa, MI

There are 30 properties for sale in the city of Lake Odessa . The median list price in Lake Odessa is $239,856 and the average price per square foot is $135. In August 2026, the average monthly cash on cash return in Lake Odessa is 6.00%. The average monthly rental income in Lake Odessa is $2,010.

Lake-odessa, MI Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 30 investment properties available for sale in Lake-odessa.

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

The ROI for Long-Term is higher than the Short-Term in Lake-odessa with average rental income of $2,010.

Your search for investment property begins and ends here

Investment Property for Sale in Lake Odessa, MI

9604 E Brown Rd

Lake Odessa, MI

3 beds | 1 baths | 1,690 sq.ft.

$220,000

Airbnb cash on cash: 5.99%

Traditional cash on cash: 6.61%

Airbnb Rental Income: $2381

Traditional Rental Income: $1924

Airbnb ROI: 5.99%

Traditional ROI: 6.61%

291 Lake Point Dr

Lake Odessa, MI

4 beds | 3 baths | 2,840 sq.ft.

$875,000

Airbnb cash on cash: -0.2%

Traditional cash on cash: 2.5%

Airbnb Rental Income: $1902

Traditional Rental Income: $3597

Airbnb ROI: -0.2%

Traditional ROI: 2.5%

826 Morningside Ct

Lake Odessa, MI

3 beds | 2 baths | 1,344 sq.ft.

$285,000

Airbnb cash on cash: 3.92%

Traditional cash on cash: 5.37%

Airbnb Rental Income: $2381

Traditional Rental Income: $2185

Airbnb ROI: 3.92%

Traditional ROI: 5.37%

810 1st Street

Lake Odessa, MI

3 beds | 2 baths | 1,166 sq.ft.

$159,900

Airbnb cash on cash: 8.75%

Traditional cash on cash: 3.65%

Airbnb Rental Income: $2381

Traditional Rental Income: $1017

Airbnb ROI: 8.75%

Traditional ROI: 3.65%

10130 Stahl Rd

Lake Odessa, MI

3 beds | 2 baths | 1,156 sq.ft.

$235,000

Airbnb cash on cash: 6.14%

Traditional cash on cash: 6.45%

Airbnb Rental Income: $2381

Traditional Rental Income: $1863

Airbnb ROI: 6.14%

Traditional ROI: 6.45%

752 Jordan Lake Ave

Lake Odessa, MI

4 beds | 2 baths | 1,724 sq.ft.

$274,999

Airbnb cash on cash: 3.26%

Traditional cash on cash: 7.46%

Airbnb Rental Income: $1902

Traditional Rental Income: $2484

Airbnb ROI: 3.26%

Traditional ROI: 7.46%

1846 W Tupper Heights Dr

Lake Odessa, MI

2 beds | 1 baths | 832 sq.ft.

$460,000

Airbnb cash on cash: -0.04%

Traditional cash on cash: 1.55%

Airbnb Rental Income: $1371

Traditional Rental Income: $1642

Airbnb ROI: -0.04%

Traditional ROI: 1.55%

2565 Lapo Road

Lake Odessa, MI

2 beds | 2 baths | 1,104 sq.ft.

$192,900

Airbnb cash on cash: 2.97%

Traditional cash on cash: 8.95%

Airbnb Rental Income: $1371

Traditional Rental Income: $2048

Airbnb ROI: 2.97%