Real Estate Investment Properties for Sale in Lawton, MI

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
67821 29th St Lawton, MI Within walking distance to Lawton High and middle school is this spacious ranch with a ful...	3 beds \| 1 baths \| 2,117 sq.ft.	$285,000	Airbnb cash on cash: -1.29% Traditional cash on cash: 4.76% Airbnb Rental Income: $453 Traditional Rental Income: $1814 Airbnb ROI: -1.29% Traditional ROI: 4.76%
31800 Pine Ridge Cir Lawton, MI Welcome to this beautiful 4 bedroom, 3 bath ranch! This open-concept floor plan features a...	4 beds \| 3 baths \| 2,118 sq.ft.	$335,000	Airbnb cash on cash: 6.32% Traditional cash on cash: 7.38% Airbnb Rental Income: $3577 Traditional Rental Income: $3126 Airbnb ROI: 6.32% Traditional ROI: 7.38%
415 S Main St Lawton, MI OPEN HOUSE MONDAY 7/13/26 5pm - 7pm 415 S Main St Lawton MI 49065 2-bedroom 1 bath home fo...	2 beds \| 1 baths \| 1,360 sq.ft.	$164,900	Airbnb cash on cash: 7.98% Traditional cash on cash: 2.35% Airbnb Rental Income: $2332 Traditional Rental Income: $870 Airbnb ROI: 7.98% Traditional ROI: 2.35%
VL County Road 354 Lawton, MI VL County Road 354, Lawton, MI 49065 \| Other	N/A beds \| N/A baths \| N/A	$1,400,000	Airbnb cash on cash: N/A Traditional cash on cash: -1.98% Airbnb Rental Income: $null Traditional Rental Income: $807 Airbnb ROI: N/A Traditional ROI: -1.98%
Lot D Ewing Rd Lawton, MI Lot D Ewing Rd, Lawton, MI 49065 \| Other	N/A beds \| N/A baths \| N/A	$274,400	Airbnb cash on cash: N/A Traditional cash on cash: 0.65% Airbnb Rental Income: $null Traditional Rental Income: $912 Airbnb ROI: N/A Traditional ROI: 0.65%
403 E 2nd St Lawton, MI Village location - Ranch layout - Detached 2-car garage 3-bedroom, 2-bath ranch offering 1...	3 beds \| 2 baths \| 1,188 sq.ft.	$199,900	Airbnb cash on cash: -1.46% Traditional cash on cash: 8.39% Airbnb Rental Income: $453 Traditional Rental Income: $2058 Airbnb ROI: -1.46% Traditional ROI: 8.39%
229 Union St Lawton, MI Strong income potential meets smart updates in this well-maintained duplex located in the ...	4 beds \| N/A baths \| N/A	$190,000	Airbnb cash on cash: 5.52% Traditional cash on cash: 9.21% Airbnb Rental Income: $2332 Traditional Rental Income: $2421 Airbnb ROI: 5.52% Traditional ROI: 9.21%
32282 64th Ave Lawton, MI Welcome to this spacious contemporary ranch situated on 10 beautiful acres in desirable An...	3 beds \| 1 baths \| 4,507 sq.ft.	$429,900	Airbnb cash on cash: -2.13% Traditional cash on cash: 3.55% Airbnb Rental Income: $453 Traditional Rental Income: $2476 Airbnb ROI: -2.13% Traditional ROI: 3.55%
118 S Main St Lawton, MI 118 S Main St, Lawton, MI 49065 \| Other	N/A beds \| N/A baths \| N/A	$59,000	Airbnb cash on cash: N/A Traditional cash on cash: 11.6% Airbnb Rental Income: $null Traditional Rental Income: $927 Airbnb ROI: N/A Traditional ROI: 11.6%
24747 80th Ave Lawton, MI 24747 80th Ave, Lawton, MI 49065 \| Single Family Residential	4 beds \| N/A baths \| 2,200 sq.ft.	$725,000	Airbnb cash on cash: 1.46% Traditional cash on cash: 0.63% Airbnb Rental Income: $3577 Traditional Rental Income: $2225 Airbnb ROI: 1.46% Traditional ROI: 0.63%
506 E 2nd St Lawton, MI Nice home with plenty of space, in the Village of Lawton. Double lot, on a corner. Main fl...	5 beds \| 2 baths \| 1,850 sq.ft.	$325,000	Airbnb cash on cash: 2.4% Traditional cash on cash: 6.69% Airbnb Rental Income: $1949 Traditional Rental Income: $2748 Airbnb ROI: 2.4% Traditional ROI: 6.69%
24254 80th Ave Lawton, MI Setting on 2.2 acres in Lawton, Michigan with lake views of Bankson Lake. This home featur...	4 beds \| 1 baths \| 1,962 sq.ft.	$314,900	Airbnb cash on cash: 7.38% Traditional cash on cash: 4.35% Airbnb Rental Income: $3577 Traditional Rental Income: $1895 Airbnb ROI: 7.38% Traditional ROI: 4.35%
81735 Laguna Beach Park Rd Lawton, MI Welcome to exceptional lakefront living on all-sports Bankson Lake! Situated on over a hal...	2 beds \| 1 baths \| 720 sq.ft.	$499,000	Airbnb cash on cash: 1.33% Traditional cash on cash: 0.34% Airbnb Rental Income: $2332 Traditional Rental Income: $1296 Airbnb ROI: 1.33% Traditional ROI: 0.34%
28284 62nd Ave Lawton, MI Nestled on 3.16 wooded acres with picturesque Paw Paw River frontage, this exceptional 4 b...	4 beds \| 3 baths \| 2,950 sq.ft.	$550,000	Airbnb cash on cash: 2.58% Traditional cash on cash: 5.35% Airbnb Rental Income: $3577 Traditional Rental Income: $4213 Airbnb ROI: 2.58% Traditional ROI: 5.35%
120 Union St Lawton, MI Welcome Home! This 3-bedroom, 1.5-bathroom residence in Lawton, MI is priced to sell. Offe...	3 beds \| 1 baths \| 1,666 sq.ft.	$159,900	Airbnb cash on cash: -1.43% Traditional cash on cash: 11.01% Airbnb Rental Income: $453 Traditional Rental Income: $2088 Airbnb ROI: -1.43% Traditional ROI: 11.01%
25862 Shore Dr Lawton, MI 25862 Shore Dr, Lawton, MI 49065 \| Single Family Residential	2 beds \| 2 baths \| 1,973 sq.ft.	$575,000	Airbnb cash on cash: 0.57% Traditional cash on cash: 1.54% Airbnb Rental Income: $2332 Traditional Rental Income: $2280 Airbnb ROI: 0.57% Traditional ROI: 1.54%
92709 Gravel Lake Dr Lawton, MI 92709 Gravel Lake Dr, Lawton, MI 49065 \| Single Family Residential	3 beds \| 2 baths \| 1,618 sq.ft.	$599,999	Airbnb cash on cash: -2.36% Traditional cash on cash: 1.4% Airbnb Rental Income: $453 Traditional Rental Income: $2293 Airbnb ROI: -2.36% Traditional ROI: 1.4%
971 Niagara Dr Lawton, MI 971 Niagara Dr, Lawton, MI 49065 \| Single Family Residential	4 beds \| 3 baths \| 2,587 sq.ft.	$399,000	Airbnb cash on cash: 4.69% Traditional cash on cash: 5.48% Airbnb Rental Income: $3577 Traditional Rental Income: $3089 Airbnb ROI: 4.69% Traditional ROI: 5.48%
75070 Marie Dr Lawton, MI 75070 Marie Dr, Lawton, MI 49065 \| Manufactured Home	3 beds \| 2 baths \| 1,250 sq.ft.	$179,900	Airbnb cash on cash: -1.96% Traditional cash on cash: 8.46% Airbnb Rental Income: $453 Traditional Rental Income: $1972 Airbnb ROI: -1.96% Traditional ROI: 8.46%
210 W 4th St Lawton, MI 210 W 4th St, Lawton, MI 49065 \| Single Family Residential	3 beds \| 2 baths \| 1,484 sq.ft.	$225,000	Airbnb cash on cash: -2.07% Traditional cash on cash: 7.97% Airbnb Rental Income: $453 Traditional Rental Income: $2326 Airbnb ROI: -2.07% Traditional ROI: 7.97%
74777 Ridgeway Dr Lawton, MI 74777 Ridgeway Dr, Lawton, MI 49065 \| Single Family Residential	3 beds \| 2 baths \| 1,700 sq.ft.	$393,000	Airbnb cash on cash: -2.26% Traditional cash on cash: 4.27% Airbnb Rental Income: $453 Traditional Rental Income: $2595 Airbnb ROI: -2.26% Traditional ROI: 4.27%
82142 Waldron Dr Lawton, MI 82142 Waldron Dr, Lawton, MI 49065 \| Single Family Residential	3 beds \| 2 baths \| 1,688 sq.ft.	$595,000	Airbnb cash on cash: -2.36% Traditional cash on cash: 1.53% Airbnb Rental Income: $453 Traditional Rental Income: $2349 Airbnb ROI: -2.36% Traditional ROI: 1.53%
80885 County Road 652 Lawton, MI 80885 County Road 652, Lawton, MI 49065 \| Single Family Residential	3 beds \| 2 baths \| 1,950 sq.ft.	$659,000	Airbnb cash on cash: -2.37% Traditional cash on cash: 1.8% Airbnb Rental Income: $453 Traditional Rental Income: $2754 Airbnb ROI: -2.37% Traditional ROI: 1.8%
28720 Co Rd 354 Lawton, MI 28720 Co Rd 354, Lawton, MI 49065 \| Single Family Residential	3 beds \| 2 baths \| 2,680 sq.ft.	$484,900	Airbnb cash on cash: -2.32% Traditional cash on cash: 2.95% Airbnb Rental Income: $453 Traditional Rental Income: $2577 Airbnb ROI: -2.32% Traditional ROI: 2.95%
32144 Chamberlin Dr Lawton, MI 32144 Chamberlin Dr, Lawton, MI 49065 \| Single Family Residential	2 beds \| 2 baths \| 2,096 sq.ft.	$525,000	Airbnb cash on cash: 0.86% Traditional cash on cash: 2.71% Airbnb Rental Income: $2332 Traditional Rental Income: $2665 Airbnb ROI: 0.86% Traditional ROI: 2.71%
94482 Drive A Lawton, MI 94482 Drive A, Lawton, MI 49065 \| Single Family Residential	4 beds \| 1 baths \| 1,350 sq.ft.	$519,000	Airbnb cash on cash: 3.04% Traditional cash on cash: 1.27% Airbnb Rental Income: $3577 Traditional Rental Income: $1937 Airbnb ROI: 3.04% Traditional ROI: 1.27%
26940 80th Ave Lawton, MI 26940 80th Ave, Lawton, MI 49065 \| Other	N/A beds \| N/A baths \| N/A	$150,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.62% Airbnb Rental Income: $null Traditional Rental Income: $973 Airbnb ROI: N/A Traditional ROI: 3.62%
28193 60th Ave Lawton, MI 28193 60th Ave, Lawton, MI 49065 \| Single Family Residential	4 beds \| 2 baths \| 2,372 sq.ft.	$340,000	Airbnb cash on cash: 5.93% Traditional cash on cash: 5.23% Airbnb Rental Income: $3577 Traditional Rental Income: $2571 Airbnb ROI: 5.93% Traditional ROI: 5.23%
118 S West Lawton, MI 118 S West, Lawton, MI 49065 \| Single Family Residential	3 beds \| 1 baths \| 936 sq.ft.	$140,000	Airbnb cash on cash: -1.8% Traditional cash on cash: 8.86% Airbnb Rental Income: $453 Traditional Rental Income: $1619 Airbnb ROI: -1.8% Traditional ROI: 8.86%
75304 Marie Dr Lawton, MI 75304 Marie Dr, Lawton, MI 49065 \| Other	N/A beds \| N/A baths \| N/A	$65,900	Airbnb cash on cash: N/A Traditional cash on cash: 10.86% Airbnb Rental Income: $null Traditional Rental Income: $969 Airbnb ROI: N/A Traditional ROI: 10.86%
28033 62nd Avenue Lawton, MI Situated on a corner lot spanning just over 2 acres, this 3-bedroom, 2-bath home offers th...	3 beds \| 2 baths \| 1,750 sq.ft.	$289,900	Airbnb cash on cash: -1.57% Traditional cash on cash: 6.75% Airbnb Rental Income: $453 Traditional Rental Income: $2461 Airbnb ROI: -1.57% Traditional ROI: 6.75%
27514 Rolling Pines Court Lawton, MI Cancellled!Open House Sunday May 31 Property Pending. This custom-built home in the highly...	4 beds \| 3 baths \| 3,083 sq.ft.	$499,900	Airbnb cash on cash: 3.25% Traditional cash on cash: 4.29% Airbnb Rental Income: $3577 Traditional Rental Income: $3279 Airbnb ROI: 3.25% Traditional ROI: 4.29%
1015 Point Way Lawton, MI Beautiful 3-bedroom, 2-bath home offering spacious living and a functional layout. Feature...	3 beds \| 2 baths \| 1,120 sq.ft.	$289,900	Airbnb cash on cash: -1.73% Traditional cash on cash: 7.8% Airbnb Rental Income: $453 Traditional Rental Income: $2790 Airbnb ROI: -1.73% Traditional ROI: 7.8%
27383 Hayne Road Lawton, MI Rare lakefront opportunity on 80-acre Huzzy Lake. Tucked away at the end of Hayne Road and...	2 beds \| 1 baths \| 756 sq.ft.	$254,900	Airbnb cash on cash: 5.2% Traditional cash on cash: 4.45% Airbnb Rental Income: $2332 Traditional Rental Income: $1574 Airbnb ROI: 5.2% Traditional ROI: 4.45%
227 N Franklin Street Lawton, MI Charming ranch home located in the heart of downtown Lawton! Offering 2 bedrooms and 1,141...	2 beds \| 1 baths \| 1,141 sq.ft.	$159,900	Airbnb cash on cash: 8.95% Traditional cash on cash: 8.65% Airbnb Rental Income: $2332 Traditional Rental Income: $1708 Airbnb ROI: 8.95% Traditional ROI: 8.65%
31550 Pine Ridge Cir Lawton, MI Welcome to this beautifully maintained 2021 home nestled on a spacious 0.79-acre lot in de...	3 beds \| 3 baths \| 1,716 sq.ft.	$368,000	Airbnb cash on cash: -1.9% Traditional cash on cash: 5.63% Airbnb Rental Income: $453 Traditional Rental Income: $2787 Airbnb ROI: -1.9% Traditional ROI: 5.63%
121 S Railroad Street Lawton, MI Great opportunity in Village of Lawton! Conveniently located within walking distance to sc...	2 beds \| 1 baths \| 1,184 sq.ft.	$150,000	Airbnb cash on cash: 9.71% Traditional cash on cash: 7.29% Airbnb Rental Income: $2332 Traditional Rental Income: $1407 Airbnb ROI: 9.71% Traditional ROI: 7.29%
31421 64th Ave Lawton, MI Beautifully maintained 3-bedroom, 2-bath ranch offering comfortable, easy living with plen...	3 beds \| 2 baths \| 1,476 sq.ft.	$319,900	Airbnb cash on cash: -1.55% Traditional cash on cash: 5.48% Airbnb Rental Income: $453 Traditional Rental Income: $2303 Airbnb ROI: -1.55% Traditional ROI: 5.48%

Real Estate investment in Lawton, MI

There are 39 properties for sale in the city of Lawton . The median list price in Lawton is $234,859 and the average price per square foot is $126. In September 2026, the average monthly cash on cash return in Lawton is 5.00%. The average monthly rental income in Lawton is $2,058.

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

There are 39 investment properties available for sale in Lawton.

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

The ROI for Long-Term is higher than the Short-Term in Lawton with average rental income of $2,058.

Your search for investment property begins and ends here

Investment Property for Sale in Lawton, MI

67821 29th St

Lawton, MI

3 beds | 1 baths | 2,117 sq.ft.

$285,000

Airbnb cash on cash: -1.29%

Traditional cash on cash: 4.76%

Airbnb Rental Income: $453

Traditional Rental Income: $1814

Airbnb ROI: -1.29%

Traditional ROI: 4.76%

31800 Pine Ridge Cir

Lawton, MI

4 beds | 3 baths | 2,118 sq.ft.

$335,000

Airbnb cash on cash: 6.32%

Traditional cash on cash: 7.38%

Airbnb Rental Income: $3577

Traditional Rental Income: $3126

Airbnb ROI: 6.32%

Traditional ROI: 7.38%

415 S Main St

Lawton, MI

2 beds | 1 baths | 1,360 sq.ft.

$164,900

Airbnb cash on cash: 7.98%

Traditional cash on cash: 2.35%

Airbnb Rental Income: $2332

Traditional Rental Income: $870

Airbnb ROI: 7.98%

Traditional ROI: 2.35%

VL County Road 354

Lawton, MI

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

$1,400,000

Airbnb cash on cash: N/A

Traditional cash on cash: -1.98%

Airbnb Rental Income: $null

Traditional Rental Income: $807

Airbnb ROI: N/A

Traditional ROI: -1.98%

Lot D Ewing Rd

Lawton, MI

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

$274,400

Airbnb cash on cash: N/A

Traditional cash on cash: 0.65%

Airbnb Rental Income: $null

Traditional Rental Income: $912

Airbnb ROI: N/A

Traditional ROI: 0.65%

403 E 2nd St

Lawton, MI

3 beds | 2 baths | 1,188 sq.ft.

$199,900

Airbnb cash on cash: -1.46%

Traditional cash on cash: 8.39%

Airbnb Rental Income: $453

Traditional Rental Income: $2058

Airbnb ROI: -1.46%

Traditional ROI: 8.39%

229 Union St

Lawton, MI

4 beds | N/A baths | N/A

$190,000

Airbnb cash on cash: 5.52%

Traditional cash on cash: 9.21%

Airbnb Rental Income: $2332

Traditional Rental Income: $2421

Airbnb ROI: 5.52%

Traditional ROI: 9.21%

32282 64th Ave

Lawton, MI

3 beds | 1 baths | 4,507 sq.ft.

$429,900

Airbnb cash on cash: -2.13%

Traditional cash on cash: 3.55%

Airbnb Rental Income: $453

Traditional Rental Income: $2476

Airbnb ROI: -2.13%