Real Estate Investment Properties for Sale in Paw Paw, MI

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
712 S Lagrave Street Paw Paw, MI Nestled on a peaceful, shaded dead-end lot just minutes from shopping, dining, and enterta...	3 beds \| 1 baths \| 750 sq.ft.	$117,000	Airbnb cash on cash: 8% Traditional cash on cash: 9.27% Airbnb Rental Income: $1792 Traditional Rental Income: $1448 Airbnb ROI: 8% Traditional ROI: 9.27%
522 Lake Boulevard Paw Paw, MI Charming home has been lovingly cared for and updated with a NEW Kitchen and Bathroom whil...	2 beds \| 1 baths \| 700 sq.ft.	$169,000	Airbnb cash on cash: 0.2% Traditional cash on cash: 4.21% Airbnb Rental Income: $906 Traditional Rental Income: $1213 Airbnb ROI: 0.2% Traditional ROI: 4.21%
121 Hazen Street Paw Paw, MI Get in before Summer lake living heats up! Welcome to this incredibly cute 3 Bdrm, 1 Full ...	3 beds \| 1 baths \| 1,232 sq.ft.	$229,900	Airbnb cash on cash: 3.54% Traditional cash on cash: 6.32% Airbnb Rental Income: $1792 Traditional Rental Income: $1909 Airbnb ROI: 3.54% Traditional ROI: 6.32%
630 E Saint Joseph Street Paw Paw, MI Great investor opportunity in the growing Village of Paw Paw! Fully rented duplex with str...	4 beds \| N/A baths \| N/A	$215,000	Airbnb cash on cash: 2.85% Traditional cash on cash: 6.7% Airbnb Rental Income: $2030 Traditional Rental Income: $2287 Airbnb ROI: 2.85% Traditional ROI: 6.7%
59445 S Lagrave Street Paw Paw, MI If you've been looking for space both inside and out, this ranch delivers. The open floor ...	3 beds \| 2 baths \| 2,653 sq.ft.	$314,900	Airbnb cash on cash: 1.97% Traditional cash on cash: 6.04% Airbnb Rental Income: $1792 Traditional Rental Income: $2509 Airbnb ROI: 1.97% Traditional ROI: 6.04%
35268 51st Avenue Paw Paw, MI Rare opportunity to own a home with unrivaled natural beauty all around you! Perfectly sit...	3 beds \| 2 baths \| 1,280 sq.ft.	$200,000	Airbnb cash on cash: 4.23% Traditional cash on cash: 7.77% Airbnb Rental Income: $1792 Traditional Rental Income: $1976 Airbnb ROI: 4.23% Traditional ROI: 7.77%
306 Davis Street Paw Paw, MI This desirable Quad level home in Paw Paw has 4 BRs and 2 FULL baths offering an easy livi...	4 beds \| 2 baths \| 2,144 sq.ft.	$289,900	Airbnb cash on cash: 2.08% Traditional cash on cash: 4.23% Airbnb Rental Income: $2030 Traditional Rental Income: $2089 Airbnb ROI: 2.08% Traditional ROI: 4.23%
45717 64th Avenue Paw Paw, MI 21 Acres in Paw Paw Township. 3 BR, 2 Full Bath Manufactured home with detached 1 car gara...	3 beds \| 2 baths \| 1,235 sq.ft.	$245,000	Airbnb cash on cash: 2.46% Traditional cash on cash: 4.47% Airbnb Rental Income: $1792 Traditional Rental Income: $1770 Airbnb ROI: 2.46% Traditional ROI: 4.47%
51479 Summit Street Paw Paw, MI Welcome to 51479 Summit St on beautiful Ackley Lake. This sandy bottom, all sports 65 acre...	3 beds \| 2 baths \| 1,586 sq.ft.	$575,000	Airbnb cash on cash: -0.42% Traditional cash on cash: 0.61% Airbnb Rental Income: $1792 Traditional Rental Income: $1859 Airbnb ROI: -0.42% Traditional ROI: 0.61%
36862 49th Avenue Paw Paw, MI Back on market due to buyers financing! This beautifully updated 5 bedroom, 4 bath, 3 stor...	5 beds \| 4 baths \| 4,414 sq.ft.	$589,000	Airbnb cash on cash: 2.87% Traditional cash on cash: 4.25% Airbnb Rental Income: $3562 Traditional Rental Income: $3541 Airbnb ROI: 2.87% Traditional ROI: 4.25%
65484 Parkwood Court Paw Paw, MI Escape to the peace and privacy of country living in this beautifully maintained 3-bedroom...	3 beds \| 2 baths \| 1,620 sq.ft.	$260,000	Airbnb cash on cash: 3.03% Traditional cash on cash: 6.61% Airbnb Rental Income: $1792 Traditional Rental Income: $2183 Airbnb ROI: 3.03% Traditional ROI: 6.61%
51765 Easy Street Paw Paw, MI LAKEFRONT HOME on 65-acre all-sports Ackley Lake. This 3-bedroom, 1-bath residence offers ...	3 beds \| 1 baths \| 1,432 sq.ft.	$349,000	Airbnb cash on cash: 2.18% Traditional cash on cash: 4.07% Airbnb Rental Income: $1792 Traditional Rental Income: $1924 Airbnb ROI: 2.18% Traditional ROI: 4.07%
51361 Summit Street Paw Paw, MI LAKE LIVING! Under $250,000 - Ackley Lake - Paw Paw. This charming bungalow on 65-acre, al...	1 beds \| 1 baths \| 828 sq.ft.	$249,900	Airbnb cash on cash: 0.64% Traditional cash on cash: 3.88% Airbnb Rental Income: $1044 Traditional Rental Income: $1444 Airbnb ROI: 0.64% Traditional ROI: 3.88%
501 Paw Paw Paw Paw, MI Move in ready. Priced to sell! Wonderfully Shaded Yard. Newly Remodeled! Newly Painted! Lo...	3 beds \| 1 baths \| 1,658 sq.ft.	$180,000	Airbnb cash on cash: 4.88% Traditional cash on cash: 7.2% Airbnb Rental Income: $1792 Traditional Rental Income: $1701 Airbnb ROI: 4.88% Traditional ROI: 7.2%
35921 Riverview Drive Paw Paw, MI Paw Paw Brand New 3 bedroom, 2 bath ranch in quiet country neighborhood! Easy, open floor ...	3 beds \| 2 baths \| 1,510 sq.ft.	$289,900	Airbnb cash on cash: 3.29% Traditional cash on cash: 6.35% Airbnb Rental Income: $1792 Traditional Rental Income: $2142 Airbnb ROI: 3.29% Traditional ROI: 6.35%
733 Hazen Street Paw Paw, MI Welcome to this charming 3-bedroom, 2-bathroom home offering a bright and inviting layout ...	3 beds \| 2 baths \| 1,008 sq.ft.	$280,000	Airbnb cash on cash: 2.41% Traditional cash on cash: 4.12% Airbnb Rental Income: $1792 Traditional Rental Income: $1756 Airbnb ROI: 2.41% Traditional ROI: 4.12%
58703 Kristina Circle E Paw Paw, MI This well maintained 2 story home has a full basement that gives you an abundance of stora...	4 beds \| 3 baths \| 2,680 sq.ft.	$354,900	Airbnb cash on cash: 2.41% Traditional cash on cash: 6.02% Airbnb Rental Income: $2030 Traditional Rental Income: $2704 Airbnb ROI: 2.41% Traditional ROI: 6.02%
601 N Kalamazoo Street Paw Paw, MI Welcome to this charming waterfront home offering 63 feet of prime lake frontage on a sere...	3 beds \| 1 baths \| 2,504 sq.ft.	$344,000	Airbnb cash on cash: 1.57% Traditional cash on cash: 3.85% Airbnb Rental Income: $1792 Traditional Rental Income: $2040 Airbnb ROI: 1.57% Traditional ROI: 3.85%
35485 County Road 665 Paw Paw, MI This wonderful 3 bedroom 2 bath home has so much to offer....including 165 foot of frontag...	3 beds \| 2 baths \| 2,040 sq.ft.	$469,900	Airbnb cash on cash: 0.75% Traditional cash on cash: 4.14% Airbnb Rental Income: $1792 Traditional Rental Income: $2796 Airbnb ROI: 0.75% Traditional ROI: 4.14%
46574 33rd Street Paw Paw, MI Traditional two-story home with a two-car garage, privately set on just over a half-acre i...	3 beds \| 2 baths \| 1,933 sq.ft.	$289,000	Airbnb cash on cash: 2.5% Traditional cash on cash: 6.52% Airbnb Rental Income: $1792 Traditional Rental Income: $2397 Airbnb ROI: 2.5% Traditional ROI: 6.52%
50022 Michigan 40 Paw Paw, MI Investor Special - 19+ Acres with 700 Ft of River Frontage on the South Branch Paw Paw Riv...	3 beds \| 1 baths \| 1,444 sq.ft.	$154,900	Airbnb cash on cash: 4.61% Traditional cash on cash: 7.86% Airbnb Rental Income: $1792 Traditional Rental Income: $1785 Airbnb ROI: 4.61% Traditional ROI: 7.86%
44096 Woodman Drive Paw Paw, MI This charming 3-bedroom, 1.5-bath, 2,094-sq-ft cottage overlooks Lake Cora from a gentle h...	3 beds \| 2 baths \| 1,544 sq.ft.	$695,000	Airbnb cash on cash: -1.08% Traditional cash on cash: 0.53% Airbnb Rental Income: $1792 Traditional Rental Income: $2348 Airbnb ROI: -1.08% Traditional ROI: 0.53%
35553 M 43 Paw Paw, MI Rare opportunity to own a Large Farmhouse with Mother-In Law Apartment/Guest House on over...	8 beds \| N/A baths \| N/A	$450,000	Airbnb cash on cash: 4.74% Traditional cash on cash: 3.38% Airbnb Rental Income: $3562 Traditional Rental Income: $2205 Airbnb ROI: 4.74% Traditional ROI: 3.38%
41615 M 43 Paw Paw, MI This is truly a once in a lifetime opportunity - Welcome to your private 4-acre sanctuary ...	2 beds \| 2 baths \| 1,677 sq.ft.	$424,900	Airbnb cash on cash: -0.48% Traditional cash on cash: 4.08% Airbnb Rental Income: $906 Traditional Rental Income: $2381 Airbnb ROI: -0.48% Traditional ROI: 4.08%
40021 CR 665 Paw Paw, MI Highest and best by March 18th 6:00 PM. Sunken family room and kitchen w/built-in's. Inter...	3 beds \| 2 baths \| 1,900 sq.ft.	$259,900	Airbnb cash on cash: 2.84% Traditional cash on cash: 7.01% Airbnb Rental Income: $1792 Traditional Rental Income: $2326 Airbnb ROI: 2.84% Traditional ROI: 7.01%
42979 County Road 665 Paw Paw, MI Offered for the first time, this custom built, one owner home is a rare opportunity to own...	3 beds \| 2 baths \| 1,807 sq.ft.	$419,000	Airbnb cash on cash: 1.03% Traditional cash on cash: 3.97% Airbnb Rental Income: $1792 Traditional Rental Income: $2456 Airbnb ROI: 1.03% Traditional ROI: 3.97%
132 Lilac Street Paw Paw, MI Located in the heart of Paw Paw, this home offers great potential and just needs a little ...	3 beds \| 1 baths \| 965 sq.ft.	$160,000	Airbnb cash on cash: 4.62% Traditional cash on cash: 5.61% Airbnb Rental Income: $1792 Traditional Rental Income: $1455 Airbnb ROI: 4.62% Traditional ROI: 5.61%
32844 Winther Avenue Paw Paw, MI If you've been waiting for a newer home with space to breathe, this is it! Built in 2019, ...	4 beds \| 3 baths \| 2,944 sq.ft.	$359,000	Airbnb cash on cash: 1.53% Traditional cash on cash: 6.72% Airbnb Rental Income: $2030 Traditional Rental Income: $3251 Airbnb ROI: 1.53% Traditional ROI: 6.72%
35532 M 40 Paw Paw, MI Need space? Check out the 1900+ square feet in this home set back off the road, on five co...	3 beds \| 2 baths \| 1,904 sq.ft.	$279,000	Airbnb cash on cash: 2.62% Traditional cash on cash: 7.03% Airbnb Rental Income: $1792 Traditional Rental Income: $2463 Airbnb ROI: 2.62% Traditional ROI: 7.03%
36029 Valley Drive Paw Paw, MI Beautifully updated Paw Paw home with great curb appeal on a corner lot! The main level fe...	5 beds \| 3 baths \| 2,600 sq.ft.	$369,000	Airbnb cash on cash: 5.67% Traditional cash on cash: 6.13% Airbnb Rental Income: $3562 Traditional Rental Income: $2938 Airbnb ROI: 5.67% Traditional ROI: 6.13%
53126 Ridgeview Circle Paw Paw, MI Come see this impressive custom-built ranch offering over 3,470 sq ft of exceptional livin...	5 beds \| 3 baths \| 3,470 sq.ft.	$425,000	Airbnb cash on cash: 4.9% Traditional cash on cash: 5.95% Airbnb Rental Income: $3562 Traditional Rental Income: $3200 Airbnb ROI: 4.9% Traditional ROI: 5.95%
608 W Michigan Paw Paw, MI Excellent investment opportunity in the Village of Paw Paw! This well-maintained duplex fe...	6 beds \| N/A baths \| N/A	$249,900	Airbnb cash on cash: 8.46% Traditional cash on cash: 6.83% Airbnb Rental Income: $3562 Traditional Rental Income: $2395 Airbnb ROI: 8.46% Traditional ROI: 6.83%
27580 Manchester Circle Paw Paw, MI Spacious ranch home conveniently located between Paw Paw and Mattawan, just off CR 657 in ...	4 beds \| 3 baths \| 2,670 sq.ft.	$415,000	Airbnb cash on cash: 1.74% Traditional cash on cash: 5.61% Airbnb Rental Income: $2030 Traditional Rental Income: $3011 Airbnb ROI: 1.74% Traditional ROI: 5.61%
803 N Kalamazoo Street Paw Paw, MI West Michigan Wine-country lake estate perched on 1.4 private acres! This timeless brick m...	4 beds \| 3 baths \| 2,805 sq.ft.	$670,000	Airbnb cash on cash: -0.58% Traditional cash on cash: 2.5% Airbnb Rental Income: $2030 Traditional Rental Income: $3428 Airbnb ROI: -0.58% Traditional ROI: 2.5%
56585 Fairway Paw Paw, MI Welcome to this spacious 4 bed 3.5 bath ranch-style home featuring a walk-out basement and...	3 beds \| 4 baths \| 6,270 sq.ft.	$700,000	Airbnb cash on cash: -0.03% Traditional cash on cash: 2.92% Airbnb Rental Income: $1792 Traditional Rental Income: $3229 Airbnb ROI: -0.03% Traditional ROI: 2.92%
28161 58th Avenue Paw Paw, MI *OFFERS DUE BY SUNDAY 4-26-26 at 4pm.* Move-in ready 4 bedroom, 2 bathroom ranch on a ...	4 beds \| 2 baths \| 2,011 sq.ft.	$279,900	Airbnb cash on cash: 3.6% Traditional cash on cash: 7.88% Airbnb Rental Income: $2030 Traditional Rental Income: $2632 Airbnb ROI: 3.6% Traditional ROI: 7.88%
55819 Hamilton Street Paw Paw, MI Move-in ready 1,512 sq ft home offering 2 bedrooms with potential for a 3rd on the upper l...	2 beds \| 2 baths \| 1,256 sq.ft.	$209,000	Airbnb cash on cash: 0.69% Traditional cash on cash: 7.03% Airbnb Rental Income: $906 Traditional Rental Income: $1823 Airbnb ROI: 0.69% Traditional ROI: 7.03%
35769 Margurite Lane Paw Paw, MI Move-in ready ranch on a gorgeous nearly one-acre lot in a quiet Paw Paw neighborhood! Thi...	3 beds \| 1 baths \| 1,708 sq.ft.	$239,900	Airbnb cash on cash: 3.15% Traditional cash on cash: 5.21% Airbnb Rental Income: $1792 Traditional Rental Income: $1773 Airbnb ROI: 3.15% Traditional ROI: 5.21%
50022 M-40 Paw Paw, MI Investor Special - 19+ Acres with 700 Ft of River Frontage on the South Branch Paw Paw Riv...	3 beds \| 1 baths \| 1,444 sq.ft.	$120,000	Airbnb cash on cash: 6.18% Traditional cash on cash: 10.33% Airbnb Rental Income: $1792 Traditional Rental Income: $1785 Airbnb ROI: 6.18% Traditional ROI: 10.33%
703 Elm Street Paw Paw, MI Welcome to 703 Elm Street in Paw Paw, Michigan -- 4 bedroom, 2 bath charming and establish...	4 beds \| 2 baths \| 1,730 sq.ft.	$225,000	Airbnb cash on cash: 3.74% Traditional cash on cash: 7.41% Airbnb Rental Income: $2030 Traditional Rental Income: $2284 Airbnb ROI: 3.74% Traditional ROI: 7.41%

Real Estate investment in Paw-paw, MI

There are 41 properties for sale in the city of Paw Paw . The median list price in Paw Paw is $289,000 and the average price per square foot is $147. In May 2026, the average monthly cash on cash return in Paw Paw is 6.00%. The average monthly rental income in Paw Paw is $2,205.

Paw-paw, MI Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 41 investment properties available for sale in Paw-paw.

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

The ROI for Long-Term is higher than the Short-Term in Paw-paw with average rental income of $2,205.

Your search for investment property begins and ends here

Investment Property for Sale in Paw Paw, MI

712 S Lagrave Street

Paw Paw, MI

3 beds | 1 baths | 750 sq.ft.

$117,000

Airbnb cash on cash: 8%

Traditional cash on cash: 9.27%

Airbnb Rental Income: $1792

Traditional Rental Income: $1448

Airbnb ROI: 8%

Traditional ROI: 9.27%

522 Lake Boulevard

Paw Paw, MI

2 beds | 1 baths | 700 sq.ft.

$169,000

Airbnb cash on cash: 0.2%

Traditional cash on cash: 4.21%

Airbnb Rental Income: $906

Traditional Rental Income: $1213

Airbnb ROI: 0.2%

Traditional ROI: 4.21%

121 Hazen Street

Paw Paw, MI

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

$229,900

Airbnb cash on cash: 3.54%

Traditional cash on cash: 6.32%

Airbnb Rental Income: $1792

Traditional Rental Income: $1909

Airbnb ROI: 3.54%

Traditional ROI: 6.32%

630 E Saint Joseph Street

Paw Paw, MI

4 beds | N/A baths | N/A

$215,000

Airbnb cash on cash: 2.85%

Traditional cash on cash: 6.7%

Airbnb Rental Income: $2030

Traditional Rental Income: $2287

Airbnb ROI: 2.85%

Traditional ROI: 6.7%

59445 S Lagrave Street

Paw Paw, MI

3 beds | 2 baths | 2,653 sq.ft.

$314,900

Airbnb cash on cash: 1.97%

Traditional cash on cash: 6.04%

Airbnb Rental Income: $1792

Traditional Rental Income: $2509

Airbnb ROI: 1.97%

Traditional ROI: 6.04%

35268 51st Avenue

Paw Paw, MI

3 beds | 2 baths | 1,280 sq.ft.

$200,000

Airbnb cash on cash: 4.23%

Traditional cash on cash: 7.77%

Airbnb Rental Income: $1792

Traditional Rental Income: $1976

Airbnb ROI: 4.23%

Traditional ROI: 7.77%

306 Davis Street

Paw Paw, MI

4 beds | 2 baths | 2,144 sq.ft.

$289,900

Airbnb cash on cash: 2.08%

Traditional cash on cash: 4.23%

Airbnb Rental Income: $2030

Traditional Rental Income: $2089

Airbnb ROI: 2.08%

Traditional ROI: 4.23%

45717 64th Avenue

Paw Paw, MI

3 beds | 2 baths | 1,235 sq.ft.

$245,000

Airbnb cash on cash: 2.46%

Traditional cash on cash: 4.47%

Airbnb Rental Income: $1792

Traditional Rental Income: $1770

Airbnb ROI: 2.46%