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
34453 Edgewater Drive Paw Paw, MI Wake up to beautiful lake views and enjoy all the recreation this all-sports lake has to o...	2 beds \| 1 baths \| 1,100 sq.ft.	$359,000	Airbnb cash on cash: 4.2% Traditional cash on cash: 2.6% Airbnb Rental Income: $2748 Traditional Rental Income: $1560 Airbnb ROI: 4.2% Traditional ROI: 2.6%
501 Marcelletti Avenue Paw Paw, MI Welcome home to this beautifully remodeled ranch in the heart of the Village of Paw Paw! O...	3 beds \| 1 baths \| 2,400 sq.ft.	$289,900	Airbnb cash on cash: 3.43% Traditional cash on cash: 3.98% Airbnb Rental Income: $2179 Traditional Rental Income: $1776 Airbnb ROI: 3.43% Traditional ROI: 3.98%
27120 Birmingham Court Paw Paw, MI Welcome to this beautiful 3-bedroom, 2.5-bath home in desirable Paw Paw, offering the perf...	3 beds \| 3 baths \| 2,160 sq.ft.	$365,000	Airbnb cash on cash: 2.25% Traditional cash on cash: 4.17% Airbnb Rental Income: $2179 Traditional Rental Income: $2287 Airbnb ROI: 2.25% Traditional ROI: 4.17%
55800 Cedar Lane Paw Paw, MI Enjoy the quiet of the country in this beautifully maintained and updated ranch home offer...	3 beds \| 3 baths \| 3,098 sq.ft.	$435,000	Airbnb cash on cash: 1.34% Traditional cash on cash: 3.13% Airbnb Rental Income: $2179 Traditional Rental Income: $2357 Airbnb ROI: 1.34% Traditional ROI: 3.13%
402 Charles Street Paw Paw, MI Check out this cute ranch in the heart of Paw Paw! 3 bedrooms, 1.5 bathrooms, framed basem...	3 beds \| 2 baths \| 1,120 sq.ft.	$245,000	Airbnb cash on cash: 4.09% Traditional cash on cash: 3.83% Airbnb Rental Income: $2179 Traditional Rental Income: $1565 Airbnb ROI: 4.09% Traditional ROI: 3.83%
319 W North Street Paw Paw, MI Charming 2-bedroom, 2-bath ranch located in the desirable Paw Paw School District! This ho...	2 beds \| 2 baths \| 1,375 sq.ft.	$219,000	Airbnb cash on cash: 7.05% Traditional cash on cash: 6.02% Airbnb Rental Income: $2748 Traditional Rental Income: $1889 Airbnb ROI: 7.05% Traditional ROI: 6.02%
514 N Kalamazoo Street Paw Paw, MI Charming and beautifully updated 4-bedroom, 2-bath home in the heart of Paw Paw! This char...	4 beds \| 2 baths \| 2,392 sq.ft.	$245,000	Airbnb cash on cash: 6.46% Traditional cash on cash: 6.78% Airbnb Rental Income: $3030 Traditional Rental Income: $2410 Airbnb ROI: 6.46% Traditional ROI: 6.78%
35883 Riverview Drive Paw Paw, MI Absolutely pristine contemporary ranch in Belle Brook subdivision! This 4 bedroom, 3 full ...	4 beds \| 3 baths \| 2,145 sq.ft.	$408,000	Airbnb cash on cash: 3.71% Traditional cash on cash: 3.08% Airbnb Rental Income: $3030 Traditional Rental Income: $2095 Airbnb ROI: 3.71% Traditional ROI: 3.08%
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.	$229,000	Airbnb cash on cash: 4.19% Traditional cash on cash: 4.85% Airbnb Rental Income: $2179 Traditional Rental Income: $1770 Airbnb ROI: 4.19% Traditional ROI: 4.85%
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.	$549,500	Airbnb cash on cash: 0.24% Traditional cash on cash: 0.69% Airbnb Rental Income: $2179 Traditional Rental Income: $1859 Airbnb ROI: 0.24% Traditional ROI: 0.69%
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: 3.11% Traditional cash on cash: 4.25% Airbnb Rental Income: $3722 Traditional Rental Income: $3541 Airbnb ROI: 3.11% Traditional ROI: 4.25%
501 E Paw Paw Street Paw Paw, MI RARE FIND! Move in ready. Priced to sell! Wonderfully Shaded Yard. Newly Remodeled! Newly ...	3 beds \| 1 baths \| 1,658 sq.ft.	$180,000	Airbnb cash on cash: 6.73% Traditional cash on cash: 6.9% Airbnb Rental Income: $2179 Traditional Rental Income: $1655 Airbnb ROI: 6.73% Traditional ROI: 6.9%
115 N Gremps Street Paw Paw, MI Beautifully reinvented for modern living, this turn-of-the-century home was COMPLETELY REN...	4 beds \| 4 baths \| 3,046 sq.ft.	$525,000	Airbnb cash on cash: 3.22% Traditional cash on cash: 5.24% Airbnb Rental Income: $3030 Traditional Rental Income: $3327 Airbnb ROI: 3.22% Traditional ROI: 5.24%
51361 Summit Street Paw Paw, MI LAKE LIVING! Under $250,000 - Ackley Lake - Paw Paw. This bungalow on 65-acre, all-sports ...	1 beds \| 1 baths \| 828 sq.ft.	$249,900	Airbnb cash on cash: 2.73% Traditional cash on cash: 3.88% Airbnb Rental Income: $1635 Traditional Rental Income: $1444 Airbnb ROI: 2.73% Traditional ROI: 3.88%
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: 4.47% Traditional cash on cash: 6.35% Airbnb Rental Income: $2179 Traditional Rental Income: $2142 Airbnb ROI: 4.47% 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.	$270,000	Airbnb cash on cash: 3.75% Traditional cash on cash: 4.26% Airbnb Rental Income: $2179 Traditional Rental Income: $1756 Airbnb ROI: 3.75% Traditional ROI: 4.26%
601 N Kalamazoo Street Paw Paw, MI Amazing Opportunity on Maple Lake! Charming Old World Colonial on 63 ft of Brilliant Lake ...	3 beds \| 2 baths \| 2,504 sq.ft.	$339,900	Airbnb cash on cash: 2.61% Traditional cash on cash: 3.91% Airbnb Rental Income: $2179 Traditional Rental Income: $2040 Airbnb ROI: 2.61% Traditional ROI: 3.91%
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.	$265,000	Airbnb cash on cash: 4.1% Traditional cash on cash: 7.18% Airbnb Rental Income: $2179 Traditional Rental Income: $2397 Airbnb ROI: 4.1% Traditional ROI: 7.18%
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	$445,000	Airbnb cash on cash: 5.13% Traditional cash on cash: 3.43% Airbnb Rental Income: $3722 Traditional Rental Income: $2205 Airbnb ROI: 5.13% Traditional ROI: 3.43%
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.	$154,500	Airbnb cash on cash: 7% Traditional cash on cash: 5.83% Airbnb Rental Income: $2179 Traditional Rental Income: $1455 Airbnb ROI: 7% Traditional ROI: 5.83%
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.	$345,000	Airbnb cash on cash: 4.2% Traditional cash on cash: 7.03% Airbnb Rental Income: $3030 Traditional Rental Income: $3251 Airbnb ROI: 4.2% Traditional ROI: 7.03%
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: 3.85% Traditional cash on cash: 7.03% Airbnb Rental Income: $2179 Traditional Rental Income: $2463 Airbnb ROI: 3.85% Traditional ROI: 7.03%
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: 5.23% Traditional cash on cash: 5.95% Airbnb Rental Income: $3722 Traditional Rental Income: $3200 Airbnb ROI: 5.23% 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	$229,900	Airbnb cash on cash: 9.87% Traditional cash on cash: 7.49% Airbnb Rental Income: $3722 Traditional Rental Income: $2395 Airbnb ROI: 9.87% Traditional ROI: 7.49%
38753 Fisk Lake Road Paw Paw, MI 38753 Fisk Lake Road is full of potential and ready for its next chapter. Set on 3.9 beaut...	3 beds \| 1 baths \| 1,800 sq.ft.	$175,000	Airbnb cash on cash: 7.19% Traditional cash on cash: 7.31% Airbnb Rental Income: $2179 Traditional Rental Income: $1646 Airbnb ROI: 7.19% Traditional ROI: 7.31%
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.	$675,000	Airbnb cash on cash: 0.52% Traditional cash on cash: 3.06% Airbnb Rental Income: $2179 Traditional Rental Income: $3229 Airbnb ROI: 0.52% Traditional ROI: 3.06%
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.	$210,000	Airbnb cash on cash: 8.26% Traditional cash on cash: 8% Airbnb Rental Income: $3030 Traditional Rental Income: $2284 Airbnb ROI: 8.26% Traditional ROI: 8%
51545 Summit Street Paw Paw, MI **OPEN MAY 31, 12-2pm**Quality all-brick ranch home on spring-fed Ackley Lake, featuri...	3 beds \| 2 baths \| 1,428 sq.ft.	$450,000	Airbnb cash on cash: 1.54% Traditional cash on cash: 3.32% Airbnb Rental Income: $2179 Traditional Rental Income: $2375 Airbnb ROI: 1.54% Traditional ROI: 3.32%
27836 Manchester Circle Paw Paw, MI Spacious and well-maintained 3-bedroom, 2 full bath ranch home offering comfortable, singl...	3 beds \| 2 baths \| 2,432 sq.ft.	$359,000	Airbnb cash on cash: 2.49% Traditional cash on cash: 5.05% Airbnb Rental Income: $2179 Traditional Rental Income: $2489 Airbnb ROI: 2.49% Traditional ROI: 5.05%
35485 CR 665 Paw Paw, MI This 3 bedroom 2 bath home has so much to offer...including 165 foot of frontage on School...	3 beds \| 2 baths \| 2,040 sq.ft.	$469,900	Airbnb cash on cash: 1.48% Traditional cash on cash: 4.26% Airbnb Rental Income: $2179 Traditional Rental Income: $2848 Airbnb ROI: 1.48% Traditional ROI: 4.26%
61117 County Road 653 Paw Paw, MI Step into this beautifully maintained, move-in-ready ranch that blends comfort, style, and...	3 beds \| 2 baths \| 1,500 sq.ft.	$325,000	Airbnb cash on cash: 3.2% Traditional cash on cash: 5.3% Airbnb Rental Income: $2179 Traditional Rental Income: $2270 Airbnb ROI: 3.2% Traditional ROI: 5.3%
69193 Center Street Paw Paw, MI Lake Front Living at an affordable price- Eagle Lake is an almost 200 acre all sports lake...	3 beds \| 3 baths \| 3,035 sq.ft.	$389,900	Airbnb cash on cash: 2.53% Traditional cash on cash: 7.19% Airbnb Rental Income: $2179 Traditional Rental Income: $3331 Airbnb ROI: 2.53% Traditional ROI: 7.19%
59282 County Road 653 Paw Paw, MI Tucked away on 10+ breathtaking acres filled with wildflowers, mature trees, private hikin...	4 beds \| 3 baths \| 2,144 sq.ft.	$559,000	Airbnb cash on cash: 2.22% Traditional cash on cash: 3.11% Airbnb Rental Income: $3030 Traditional Rental Income: $2802 Airbnb ROI: 2.22% Traditional ROI: 3.11%
49476 Fairbanks Avenue Paw Paw, MI Experience lakefront living at its finest in this exceptional 4 bedroom, 3 bathroom home w...	4 beds \| 3 baths \| 2,750 sq.ft.	$650,000	Airbnb cash on cash: 1.74% Traditional cash on cash: 3% Airbnb Rental Income: $3030 Traditional Rental Income: $3100 Airbnb ROI: 1.74% Traditional ROI: 3%
53322 Rolling Meadow Boulevard Paw Paw, MI Welcome home to this beautifully maintained 3-bedroom, 2-bath ranch conveniently located b...	3 beds \| 2 baths \| 1,360 sq.ft.	$318,000	Airbnb cash on cash: 3.15% Traditional cash on cash: 4.47% Airbnb Rental Income: $2179 Traditional Rental Income: $2021 Airbnb ROI: 3.15% Traditional ROI: 4.47%
52821 County Road 657 Paw Paw, MI Well-maintained 2-bed, 1.5 bath home on a beautifully landscaped 1 ac lot, offering a bala...	2 beds \| 2 baths \| 1,068 sq.ft.	$279,000	Airbnb cash on cash: 5.45% Traditional cash on cash: 4.29% Airbnb Rental Income: $2748 Traditional Rental Income: $1795 Airbnb ROI: 5.45% Traditional ROI: 4.29%
51509 Summit Street Paw Paw, MI Growing up my family rented a lake cottage in Wisconsin every summer. My sisters & I have ...	3 beds \| 3 baths \| 1,864 sq.ft.	$525,000	Airbnb cash on cash: 0.93% Traditional cash on cash: 3.65% Airbnb Rental Income: $2179 Traditional Rental Income: $2965 Airbnb ROI: 0.93% Traditional ROI: 3.65%
41341 Co Rd 665 Paw Paw, MI Calling all nature lovers! This tranquil property offers a 4 bed/1.5 bath home with breath...	4 beds \| 2 baths \| 1,723 sq.ft.	$409,921	Airbnb cash on cash: 4.03% Traditional cash on cash: 4.57% Airbnb Rental Income: $3030 Traditional Rental Income: $2544 Airbnb ROI: 4.03% Traditional ROI: 4.57%

Real Estate investment in Paw-paw, MI

There are 51 properties for sale in the city of Paw Paw . The median list price in Paw Paw is $230,831 and the average price per square foot is $113. In June 2026, the average monthly cash on cash return in Paw Paw is 5.00%. The average monthly rental income in Paw Paw is $2,277.

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

There are 51 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 $2,277.

Your search for investment property begins and ends here

Investment Property for Sale in Paw Paw, MI

34453 Edgewater Drive

Paw Paw, MI

2 beds | 1 baths | 1,100 sq.ft.

$359,000

Airbnb cash on cash: 4.2%

Traditional cash on cash: 2.6%

Airbnb Rental Income: $2748

Traditional Rental Income: $1560

Airbnb ROI: 4.2%

Traditional ROI: 2.6%

501 Marcelletti Avenue

Paw Paw, MI

3 beds | 1 baths | 2,400 sq.ft.

$289,900

Airbnb cash on cash: 3.43%

Traditional cash on cash: 3.98%

Airbnb Rental Income: $2179

Traditional Rental Income: $1776

Airbnb ROI: 3.43%

Traditional ROI: 3.98%

27120 Birmingham Court

Paw Paw, MI

3 beds | 3 baths | 2,160 sq.ft.

$365,000

Airbnb cash on cash: 2.25%

Traditional cash on cash: 4.17%

Airbnb Rental Income: $2179

Traditional Rental Income: $2287

Airbnb ROI: 2.25%

Traditional ROI: 4.17%

55800 Cedar Lane

Paw Paw, MI

3 beds | 3 baths | 3,098 sq.ft.

$435,000

Airbnb cash on cash: 1.34%

Traditional cash on cash: 3.13%

Airbnb Rental Income: $2179

Traditional Rental Income: $2357

Airbnb ROI: 1.34%

Traditional ROI: 3.13%

402 Charles Street

Paw Paw, MI

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

$245,000

Airbnb cash on cash: 4.09%

Traditional cash on cash: 3.83%

Airbnb Rental Income: $2179

Traditional Rental Income: $1565

Airbnb ROI: 4.09%

Traditional ROI: 3.83%

319 W North Street

Paw Paw, MI

2 beds | 2 baths | 1,375 sq.ft.

$219,000

Airbnb cash on cash: 7.05%

Traditional cash on cash: 6.02%

Airbnb Rental Income: $2748

Traditional Rental Income: $1889

Airbnb ROI: 7.05%

Traditional ROI: 6.02%

514 N Kalamazoo Street

Paw Paw, MI

4 beds | 2 baths | 2,392 sq.ft.

$245,000

Airbnb cash on cash: 6.46%

Traditional cash on cash: 6.78%

Airbnb Rental Income: $3030

Traditional Rental Income: $2410

Airbnb ROI: 6.46%

Traditional ROI: 6.78%

35883 Riverview Drive

Paw Paw, MI

4 beds | 3 baths | 2,145 sq.ft.

$408,000

Airbnb cash on cash: 3.71%

Traditional cash on cash: 3.08%

Airbnb Rental Income: $3030

Traditional Rental Income: $2095

Airbnb ROI: 3.71%