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
415 S Main St Lawton, MI Updated 2 bed / 1 bath home in historic downtown Lawton close to restaurants & shopping. F...	2 beds \| 1 baths \| 1,360 sq.ft.	$190,000	Airbnb cash on cash: 0.94% Traditional cash on cash: 1.92% Airbnb Rental Income: $1057 Traditional Rental Income: $870 Airbnb ROI: 0.94% Traditional ROI: 1.92%
32680 South St Lawton, MI Looking for a beautiful lake home on the highly sought after all-sports Gravel Lake?! This...	3 beds \| 2 baths \| 1,591 sq.ft.	$549,900	Airbnb cash on cash: -1.7% Traditional cash on cash: 2.5% Airbnb Rental Income: $886 Traditional Rental Income: $2705 Airbnb ROI: -1.7% Traditional ROI: 2.5%
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.	$309,900	Airbnb cash on cash: -0.45% Traditional cash on cash: 7.24% Airbnb Rental Income: $886 Traditional Rental Income: $2790 Airbnb ROI: -0.45% Traditional ROI: 7.24%
229 WEST Union St Lawton, MI Turnkey duplex opportunity in downtown Lawton with strong income potential and major mecha...	6 beds \| N/A baths \| N/A	$215,000	Airbnb cash on cash: 3.89% Traditional cash on cash: 7.95% Airbnb Rental Income: $2113 Traditional Rental Income: $2400 Airbnb ROI: 3.89% Traditional ROI: 7.95%
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.	$225,000	Airbnb cash on cash: 0.28% Traditional cash on cash: 7.36% Airbnb Rental Income: $886 Traditional Rental Income: $2058 Airbnb ROI: 0.28% Traditional ROI: 7.36%
62941 M-40 Lawton, MI Beautiful country setting, close to downtown Lawton, Paw Paw, and easy access to I-94. Two...	2 beds \| 1 baths \| 1,008 sq.ft.	$139,900	Airbnb cash on cash: 2.53% Traditional cash on cash: 8.45% Airbnb Rental Income: $1057 Traditional Rental Income: $1486 Airbnb ROI: 2.53% Traditional ROI: 8.45%
75603 Ridgeway Drive Lawton, MI Located in a peaceful country setting, this well-maintained barndominium offers a unique b...	3 beds \| 2 baths \| 1,232 sq.ft.	$279,900	Airbnb cash on cash: -0.86% Traditional cash on cash: 4.44% Airbnb Rental Income: $886 Traditional Rental Income: $1949 Airbnb ROI: -0.86% Traditional ROI: 4.44%
31576 Pine Ridge Circle Lawton, MI Newly constructed colonial in the Pawton Meadows Community. This 2-story home boasts featu...	5 beds \| 3 baths \| 2,295 sq.ft.	$314,275	Airbnb cash on cash: 3.92% Traditional cash on cash: 8.05% Airbnb Rental Income: $2113 Traditional Rental Income: $2794 Airbnb ROI: 3.92% Traditional ROI: 8.05%
27348 Manstrom Drive Lawton, MI Lakefront AND wooded. This charming 3 bedroom 2 bath 1920 square-foot home is nestled in t...	3 beds \| 2 baths \| 1,920 sq.ft.	$529,900	Airbnb cash on cash: -0.9% Traditional cash on cash: 4.06% Airbnb Rental Income: $886 Traditional Rental Income: $3004 Airbnb ROI: -0.9% Traditional ROI: 4.06%
238 Harvey Street Lawton, MI Welcome to this inviting 4-bed, 3-bath home tucked away at the end of a quiet dead-end str...	4 beds \| 3 baths \| 1,384 sq.ft.	$279,900	Airbnb cash on cash: 2.45% Traditional cash on cash: 5.97% Airbnb Rental Income: $1987 Traditional Rental Income: $2395 Airbnb ROI: 2.45% Traditional ROI: 5.97%
63253 30th Street Lawton, MI 5-acre setting - Pole barn + finished shed - 4 bedrooms 4-bedroom, 1-bath ranch offering 1...	4 beds \| 1 baths \| 1,260 sq.ft.	$320,000	Airbnb cash on cash: 2.64% Traditional cash on cash: 4.05% Airbnb Rental Income: $1987 Traditional Rental Income: $1890 Airbnb ROI: 2.64% Traditional ROI: 4.05%
77596 County Road 652 Lawton, MI Wonderful, spacious ranch walkout with an oversize attached garage. This home is within wa...	3 beds \| 3 baths \| 1,352 sq.ft.	$359,000	Airbnb cash on cash: -0.4% Traditional cash on cash: 4.88% Airbnb Rental Income: $886 Traditional Rental Income: $2328 Airbnb ROI: -0.4% Traditional ROI: 4.88%

Real Estate investment in Lawton, MI

There are 13 properties for sale in the city of Lawton . The median list price in Lawton is $194,450 and the average price per square foot is $105. In May 2026, the average monthly cash on cash return in Lawton is 6.00%. The average monthly rental income in Lawton is $2,328.

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

There are 13 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 $2,328.

Your search for investment property begins and ends here

Investment Property for Sale in Lawton, MI

415 S Main St

Lawton, MI

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

$190,000

Airbnb cash on cash: 0.94%

Traditional cash on cash: 1.92%

Airbnb Rental Income: $1057

Traditional Rental Income: $870

Airbnb ROI: 0.94%

Traditional ROI: 1.92%

32680 South St

Lawton, MI

3 beds | 2 baths | 1,591 sq.ft.

$549,900

Airbnb cash on cash: -1.7%

Traditional cash on cash: 2.5%

Airbnb Rental Income: $886

Traditional Rental Income: $2705

Airbnb ROI: -1.7%

Traditional ROI: 2.5%

1015 Point Way

Lawton, MI

3 beds | 2 baths | 1,120 sq.ft.

$309,900

Airbnb cash on cash: -0.45%

Traditional cash on cash: 7.24%

Airbnb Rental Income: $886

Traditional Rental Income: $2790

Airbnb ROI: -0.45%

Traditional ROI: 7.24%

229 WEST Union St

Lawton, MI

6 beds | N/A baths | N/A

$215,000

Airbnb cash on cash: 3.89%

Traditional cash on cash: 7.95%

Airbnb Rental Income: $2113

Traditional Rental Income: $2400

Airbnb ROI: 3.89%

Traditional ROI: 7.95%

403 E 2nd St

Lawton, MI

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

$225,000

Airbnb cash on cash: 0.28%

Traditional cash on cash: 7.36%

Airbnb Rental Income: $886

Traditional Rental Income: $2058

Airbnb ROI: 0.28%

Traditional ROI: 7.36%

62941 M-40

Lawton, MI

2 beds | 1 baths | 1,008 sq.ft.

$139,900

Airbnb cash on cash: 2.53%

Traditional cash on cash: 8.45%

Airbnb Rental Income: $1057

Traditional Rental Income: $1486

Airbnb ROI: 2.53%

Traditional ROI: 8.45%

75603 Ridgeway Drive

Lawton, MI

3 beds | 2 baths | 1,232 sq.ft.

$279,900

Airbnb cash on cash: -0.86%

Traditional cash on cash: 4.44%

Airbnb Rental Income: $886

Traditional Rental Income: $1949

Airbnb ROI: -0.86%

Traditional ROI: 4.44%

31576 Pine Ridge Circle

Lawton, MI

5 beds | 3 baths | 2,295 sq.ft.

$314,275

Airbnb cash on cash: 3.92%

Traditional cash on cash: 8.05%

Airbnb Rental Income: $2113

Traditional Rental Income: $2794

Airbnb ROI: 3.92%