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
33200 Thelma Avenue Paw Paw, MI Open House canceled - Check out this lovely ranch home in Paw Paw! This spacious and move ...	3 beds \| N/A baths \| 1,796 sq.ft.	$242,000	Airbnb cash on cash: 5.4% Traditional cash on cash: 6.18% Airbnb Rental Income: $2358 Traditional Rental Income: $1955 Airbnb ROI: 5.4% Traditional ROI: 6.18%
50669 Rebecca Drive Paw Paw, MI Beautifully updated home in Furness Farms. This immaculate remodeled 4-bedroom, 2.5-bath h...	4 beds \| 2 baths \| 2,663 sq.ft.	$389,000	Airbnb cash on cash: 3.66% Traditional cash on cash: 4.73% Airbnb Rental Income: $2909 Traditional Rental Income: $2627 Airbnb ROI: 3.66% Traditional ROI: 4.73%
403 Elm Street Paw Paw, MI Great Paw Paw home ready for new owners! This adorable 4 bed 2 bath home is right in the h...	4 beds \| 2 baths \| 2,170 sq.ft.	$259,000	Airbnb cash on cash: 5.25% Traditional cash on cash: 4.26% Airbnb Rental Income: $2909 Traditional Rental Income: $1994 Airbnb ROI: 5.25% Traditional ROI: 4.26%
55800 30th Street Paw Paw, MI This sharp 2016-built home is the perfect mix of modern features & rustic charm! Nestled o...	3 beds \| 2 baths \| 1,560 sq.ft.	$360,000	Airbnb cash on cash: 2.66% Traditional cash on cash: 3.14% Airbnb Rental Income: $2358 Traditional Rental Income: $1939 Airbnb ROI: 2.66% Traditional ROI: 3.14%
33250 Bernice Avenue Paw Paw, MI Welcome home to this spacious/stylish tri-level on a quiet dead-end road. Located in sough...	3 beds \| 2 baths \| 1,335 sq.ft.	$269,900	Airbnb cash on cash: 4.51% Traditional cash on cash: 5.44% Airbnb Rental Income: $2358 Traditional Rental Income: $2012 Airbnb ROI: 4.51% Traditional ROI: 5.44%
36862 49th Avenue Paw Paw, MI Don't miss out on nearly 50 acres of paradise. This beautifully updated 5 bedroom, 4 bath,...	5 beds \| N/A baths \| 4,414 sq.ft.	$749,900	Airbnb cash on cash: 4.16% Traditional cash on cash: 3.13% Airbnb Rental Income: $5335 Traditional Rental Income: $3541 Airbnb ROI: 4.16% Traditional ROI: 3.13%
36973 County Road 665 Paw Paw, MI Located in Southwest Michigan, this 2,300-square-foot custom-built home features 4 bedroom...	4 beds \| 3 baths \| 2,336 sq.ft.	$725,000	Airbnb cash on cash: 1.38% Traditional cash on cash: 2.5% Airbnb Rental Income: $2909 Traditional Rental Income: $2991 Airbnb ROI: 1.38% Traditional ROI: 2.5%
30694 Mission Street Paw Paw, MI New construction home in Vintage Point, located in Paw Paw school district move-in ready! ...	4 beds \| N/A baths \| 2,393 sq.ft.	$369,900	Airbnb cash on cash: 5.06% Traditional cash on cash: 7.27% Airbnb Rental Income: $2909 Traditional Rental Income: $3003 Airbnb ROI: 5.06% Traditional ROI: 7.27%
46750 County Road 665 Paw Paw, MI Wow, what a transformation this home has gone through. This home might have a build date o...	3 beds \| 2 baths \| 1,464 sq.ft.	$309,900	Airbnb cash on cash: 4.12% Traditional cash on cash: 3.3% Airbnb Rental Income: $2358 Traditional Rental Income: $1537 Airbnb ROI: 4.12% Traditional ROI: 3.3%
61473 M 40 Paw Paw, MI Bursting with potential, this quaint ranch style house is ready to be turned into a home! ...	3 beds \| 1 baths \| 1,373 sq.ft.	$160,000	Airbnb cash on cash: 8.93% Traditional cash on cash: 8.8% Airbnb Rental Income: $2358 Traditional Rental Income: $1756 Airbnb ROI: 8.93% Traditional ROI: 8.8%
38347 Co Rd 374 Paw Paw, MI Experience serene country living just minutes from downtown Paw Paw! This custom-built, on...	3 beds \| 4 baths \| 2,308 sq.ft.	$509,900	Airbnb cash on cash: 1.75% Traditional cash on cash: 4.38% Airbnb Rental Income: $2358 Traditional Rental Income: $3030 Airbnb ROI: 1.75% Traditional ROI: 4.38%
37858 County Road 665 Paw Paw, MI WELCOME to your PEACEFUL, PRISTINE 4.38 acre WATERFRONT RETREAT! You will be SURROUNDED BY...	1 beds \| 2 baths \| 1,420 sq.ft.	$449,000	Airbnb cash on cash: -0.03% Traditional cash on cash: 3.57% Airbnb Rental Income: $1029 Traditional Rental Income: $2181 Airbnb ROI: -0.03% Traditional ROI: 3.57%
35918 Riverview Drive Paw Paw, MI See this spacious 3 bedroom. 1.5 bath home with new 12 X 16 addition added in 2014. Specia...	3 beds \| N/A baths \| 1,500 sq.ft.	$275,000	Airbnb cash on cash: 4.95% Traditional cash on cash: 6.52% Airbnb Rental Income: $2358 Traditional Rental Income: $2182 Airbnb ROI: 4.95% Traditional ROI: 6.52%
51765 Easy Street Paw Paw, MI LAKE HOUSE on 65 Acre All Sports PRIVATE ACKLEY Lake. 3 Bed, 1 Bath home. This lakeside es...	3 beds \| 1 baths \| 1,432 sq.ft.	$375,000	Airbnb cash on cash: 3.31% Traditional cash on cash: 3.73% Airbnb Rental Income: $2358 Traditional Rental Income: $1924 Airbnb ROI: 3.31% Traditional ROI: 3.73%
37057 Marrion Court Paw Paw, MI LAKE BROWNWOOD ACCESS included with this 4 BR, 2 FULL BA home which provides the functiona...	4 beds \| N/A baths \| 2,329 sq.ft.	$265,000	Airbnb cash on cash: 6.76% Traditional cash on cash: 8.35% Airbnb Rental Income: $2909 Traditional Rental Income: $2633 Airbnb ROI: 6.76% Traditional ROI: 8.35%
47177 Klett Rd Paw Paw, MI Welcome to this charming ranch on a premier 0.45-acre corner lot. This well-maintained 3 B...	3 beds \| N/A baths \| 1,724 sq.ft.	$262,500	Airbnb cash on cash: 5.14% Traditional cash on cash: 7.34% Airbnb Rental Income: $2358 Traditional Rental Income: $2321 Airbnb ROI: 5.14% Traditional ROI: 7.34%
51361 Summit Street Paw Paw, MI This charming bungalow on the 65-acre, all-sports Ackley Lake offers not just a home, but ...	1 beds \| 1 baths \| 828 sq.ft.	$299,000	Airbnb cash on cash: 0.35% Traditional cash on cash: 3.1% Airbnb Rental Income: $1029 Traditional Rental Income: $1444 Airbnb ROI: 0.35% Traditional ROI: 3.1%
34655 38th Avenue Paw Paw, MI BEAUTIFUL HOME, 33 WOODED ACRES OF HUNTING GROUND WITH MOWED TRAILS, STUNNING IN-GROUND PO...	3 beds \| N/A baths \| 1,872 sq.ft.	$549,900	Airbnb cash on cash: 1.76% Traditional cash on cash: 3.39% Airbnb Rental Income: $2358 Traditional Rental Income: $2613 Airbnb ROI: 1.76% Traditional ROI: 3.39%
119 Elm Street Paw Paw, MI CLASSIC COLONIAL turn of the century home featuring SPECTACULAR LANDSCAPING, fenced in yar...	2 beds \| N/A baths \| 2,149 sq.ft.	$225,000	Airbnb cash on cash: 7.4% Traditional cash on cash: 7.99% Airbnb Rental Income: $2993 Traditional Rental Income: $2429 Airbnb ROI: 7.4% Traditional ROI: 7.99%
501 Paw Paw Paw Paw, MI Huge Price Change. Priced to sell! Newly Remodeled! Newly Painted! New Flooring, New Carpe...	3 beds \| 1 baths \| 1,658 sq.ft.	$199,000	Airbnb cash on cash: 6.83% Traditional cash on cash: 6.43% Airbnb Rental Income: $2358 Traditional Rental Income: $1701 Airbnb ROI: 6.83% Traditional ROI: 6.43%
38480 N M 40 Highway Paw Paw, MI Discover the timeless character of this Paw Paw farmhouse, perfectly set on 13.5 scenic ac...	4 beds \| N/A baths \| 1,700 sq.ft.	$505,900	Airbnb cash on cash: 2.95% Traditional cash on cash: 3.3% Airbnb Rental Income: $2909 Traditional Rental Income: $2402 Airbnb ROI: 2.95% Traditional ROI: 3.3%
37129 Marrion Court Paw Paw, MI Move-in ready! 3-bedroom, 1-bath home in a quiet neighborhood with lake access right acros...	3 beds \| 1 baths \| 1,887 sq.ft.	$179,999	Airbnb cash on cash: 7.68% Traditional cash on cash: 7.54% Airbnb Rental Income: $2358 Traditional Rental Income: $1753 Airbnb ROI: 7.68% Traditional ROI: 7.54%
59080 County Road 653 Paw Paw, MI Welcome to your own peaceful escape! Private 3 Bed, 2 Bath Ranch on 11 Wooded Acres - Full...	3 beds \| 2 baths \| 1,352 sq.ft.	$275,000	Airbnb cash on cash: 4.7% Traditional cash on cash: 5.84% Airbnb Rental Income: $2358 Traditional Rental Income: $2074 Airbnb ROI: 4.7% Traditional ROI: 5.84%
32780 M 43 Paw Paw, MI This beautifully updated home features stunning hardwood floors, a spacious open-concept k...	2 beds \| 1 baths \| 968 sq.ft.	$219,500	Airbnb cash on cash: 8.97% Traditional cash on cash: 4.9% Airbnb Rental Income: $2993 Traditional Rental Income: $1460 Airbnb ROI: 8.97% Traditional ROI: 4.9%
35473 Margurite Lane Paw Paw, MI Welcome to this inviting 3-bedroom, 1-bath ranch in the desirable Bella Brook neighborhood...	3 beds \| 1 baths \| 1,640 sq.ft.	$240,000	Airbnb cash on cash: 5.31% Traditional cash on cash: 5.23% Airbnb Rental Income: $2358 Traditional Rental Income: $1757 Airbnb ROI: 5.31% Traditional ROI: 5.23%
642 Kalamazoo N Paw Paw, MI Showings M-F after 6:00.Welcome to your lakefront getaway! This 3-bedroom, 2-bath home sit...	3 beds \| 2 baths \| 2,300 sq.ft.	$269,900	Airbnb cash on cash: 4.27% Traditional cash on cash: 8.83% Airbnb Rental Income: $2358 Traditional Rental Income: $2938 Airbnb ROI: 4.27% Traditional ROI: 8.83%
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: 5.01% Traditional cash on cash: 6.35% Airbnb Rental Income: $2358 Traditional Rental Income: $2142 Airbnb ROI: 5.01% Traditional ROI: 6.35%
35105 N Riverview Drive Paw Paw, MI Your 5 Bedroom/ 3 Full Bath, 5 acre, country estate with luxury pole barn awaits! Your new...	5 beds \| 3 baths \| 3,251 sq.ft.	$475,000	Airbnb cash on cash: 7.32% Traditional cash on cash: 5.56% Airbnb Rental Income: $5335 Traditional Rental Income: $3471 Airbnb ROI: 7.32% Traditional ROI: 5.56%
41758 N Park Street Paw Paw, MI Completely remodeled in 2015, this 3-bedroom lakefront gem offers 100 feet of prime fronta...	3 beds \| 1 baths \| 1,008 sq.ft.	$325,000	Airbnb cash on cash: 3.17% Traditional cash on cash: 2.68% Airbnb Rental Income: $2358 Traditional Rental Income: $1625 Airbnb ROI: 3.17% Traditional ROI: 2.68%
701 Lakeview Road Paw Paw, MI Open House This Saturday! Welcome to this wonderful newer 1,120 sq ft ranch-style home off...	2 beds \| 2 baths \| 1,120 sq.ft.	$225,000	Airbnb cash on cash: 8.8% Traditional cash on cash: 6.9% Airbnb Rental Income: $2993 Traditional Rental Income: $1900 Airbnb ROI: 8.8% Traditional ROI: 6.9%
35520 Margurite Lane Paw Paw, MI Multiple offers received. Please submit by Sunday 11/23 at 7pm. Fall in love with the poss...	3 beds \| 1 baths \| 960 sq.ft.	$199,000	Airbnb cash on cash: 7.17% Traditional cash on cash: 5.82% Airbnb Rental Income: $2358 Traditional Rental Income: $1522 Airbnb ROI: 7.17% Traditional ROI: 5.82%
35399 Margurite Lane Paw Paw, MI Welcome to your dream home! This beautifully updated quad-level residence sits on a genero...	3 beds \| 2 baths \| 1,587 sq.ft.	$275,000	Airbnb cash on cash: 4.66% Traditional cash on cash: 6.34% Airbnb Rental Income: $2358 Traditional Rental Income: $2213 Airbnb ROI: 4.66% Traditional ROI: 6.34%
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.	$300,000	Airbnb cash on cash: 3.91% Traditional cash on cash: 3.83% Airbnb Rental Income: $2358 Traditional Rental Income: $1756 Airbnb ROI: 3.91% Traditional ROI: 3.83%
412 E Berrien Street Paw Paw, MI Charming and move-in ready, this Paw Paw gem offers 3 bedrooms, 1 bath, and thoughtful upd...	3 beds \| 1 baths \| 1,334 sq.ft.	$175,000	Airbnb cash on cash: 7.65% Traditional cash on cash: 7.05% Airbnb Rental Income: $2358 Traditional Rental Income: $1677 Airbnb ROI: 7.65% Traditional ROI: 7.05%

Real Estate investment in Paw-paw, MI

There are 34 properties for sale in the city of Paw Paw . The median list price in Paw Paw is $269,900 and the average price per square foot is $159. In December 2025, the average monthly cash on cash return in Paw Paw is 6.00%. The average monthly rental income in Paw Paw is $1,955.

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

There are 34 investment properties available for sale in Paw-paw.

In 2025, 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 $1,955.

Your search for investment property begins and ends here

Investment Property for Sale in Paw Paw, MI

33200 Thelma Avenue

Paw Paw, MI

3 beds | N/A baths | 1,796 sq.ft.

$242,000

Airbnb cash on cash: 5.4%

Traditional cash on cash: 6.18%

Airbnb Rental Income: $2358

Traditional Rental Income: $1955

Airbnb ROI: 5.4%

Traditional ROI: 6.18%

50669 Rebecca Drive

Paw Paw, MI

4 beds | 2 baths | 2,663 sq.ft.

$389,000

Airbnb cash on cash: 3.66%

Traditional cash on cash: 4.73%

Airbnb Rental Income: $2909

Traditional Rental Income: $2627

Airbnb ROI: 3.66%

Traditional ROI: 4.73%

403 Elm Street

Paw Paw, MI

4 beds | 2 baths | 2,170 sq.ft.

$259,000

Airbnb cash on cash: 5.25%

Traditional cash on cash: 4.26%

Airbnb Rental Income: $2909

Traditional Rental Income: $1994

Airbnb ROI: 5.25%

Traditional ROI: 4.26%

55800 30th Street

Paw Paw, MI

3 beds | 2 baths | 1,560 sq.ft.

$360,000

Airbnb cash on cash: 2.66%

Traditional cash on cash: 3.14%

Airbnb Rental Income: $2358

Traditional Rental Income: $1939

Airbnb ROI: 2.66%

Traditional ROI: 3.14%

33250 Bernice Avenue

Paw Paw, MI

3 beds | 2 baths | 1,335 sq.ft.

$269,900

Airbnb cash on cash: 4.51%

Traditional cash on cash: 5.44%

Airbnb Rental Income: $2358

Traditional Rental Income: $2012

Airbnb ROI: 4.51%

Traditional ROI: 5.44%

36862 49th Avenue

Paw Paw, MI

5 beds | N/A baths | 4,414 sq.ft.

$749,900

Airbnb cash on cash: 4.16%

Traditional cash on cash: 3.13%

Airbnb Rental Income: $5335

Traditional Rental Income: $3541

Airbnb ROI: 4.16%

Traditional ROI: 3.13%

36973 County Road 665

Paw Paw, MI

4 beds | 3 baths | 2,336 sq.ft.

$725,000

Airbnb cash on cash: 1.38%

Traditional cash on cash: 2.5%

Airbnb Rental Income: $2909

Traditional Rental Income: $2991

Airbnb ROI: 1.38%

Traditional ROI: 2.5%

30694 Mission Street

Paw Paw, MI

4 beds | N/A baths | 2,393 sq.ft.

$369,900

Airbnb cash on cash: 5.06%

Traditional cash on cash: 7.27%

Airbnb Rental Income: $2909

Traditional Rental Income: $3003

Airbnb ROI: 5.06%