Real Estate Investment Properties for Sale in Waterford, MI

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1522 Oregon Court Waterford, MI Boats. Decks. Trees. Tranquility â and a seller whoâs motivated and handy. Welcome to ...	3 beds \| 3 baths \| 2,243 sq.ft.	$594,000	Airbnb cash on cash: -0.01% Traditional cash on cash: 3.63% Airbnb Rental Income: $1609 Traditional Rental Income: $3172 Airbnb ROI: -0.01% Traditional ROI: 3.63%
1029 Monica Place Waterford, MI Welcome to this charming 3-bedroom home situated on a spacious fenced-in double lot, offer...	3 beds \| 1 baths \| 1,166 sq.ft.	$249,000	Airbnb cash on cash: 2.06% Traditional cash on cash: 4.47% Airbnb Rental Income: $1609 Traditional Rental Income: $1717 Airbnb ROI: 2.06% Traditional ROI: 4.47%
5171 DURNHAM Drive Waterford, MI Welcome to your dream home, perfectly positioned with serene water views and access to bot...	4 beds \| 1 baths \| 1,559 sq.ft.	$299,900	Airbnb cash on cash: 4.45% Traditional cash on cash: 5.86% Airbnb Rental Income: $2676 Traditional Rental Income: $2437 Airbnb ROI: 4.45% Traditional ROI: 5.86%
7747 Lake Ridge Drive Waterford, MI Welcome to this beautifully maintained 2 bedroom, 1.5 bath condo located in the desirable ...	2 beds \| 2 baths \| 1,000 sq.ft.	$170,000	Airbnb cash on cash: -2.78% Traditional cash on cash: 2.42% Airbnb Rental Income: $824 Traditional Rental Income: $1340 Airbnb ROI: -2.78% Traditional ROI: 2.42%
5510 Berkley Drive Waterford, MI You could spend your summer at Crescent Lake Park when you're not enjoying this spacious 1...	3 beds \| 2 baths \| 1,900 sq.ft.	$389,999	Airbnb cash on cash: 1.33% Traditional cash on cash: 5.01% Airbnb Rental Income: $1609 Traditional Rental Income: $2501 Airbnb ROI: 1.33% Traditional ROI: 5.01%
7622 Woodview Drive Waterford, MI Welcome to this highly sought-after Ranch Condo located in the desirable Lake Ridge Subdiv...	2 beds \| N/A baths \| 956 sq.ft.	$160,000	Airbnb cash on cash: -0.9% Traditional cash on cash: 7.35% Airbnb Rental Income: $824 Traditional Rental Income: $1758 Airbnb ROI: -0.9% Traditional ROI: 7.35%
5741 Copper Tree Park Waterford, MI NEW SUBDIVISION Copper Tree Park!!! Spacious NEW BUILT Colonial Homes 2 of them will be R...	3 beds \| 3 baths \| 1,800 sq.ft.	$349,900	Airbnb cash on cash: 1.87% Traditional cash on cash: 6.88% Airbnb Rental Income: $1609 Traditional Rental Income: $2799 Airbnb ROI: 1.87% Traditional ROI: 6.88%
7931 Jordan Waterford, MI Welcome to the Parkway Ranch! This spacious 3 bedroom, 2.5 bath split ranch offers 9â ce...	3 beds \| 3 baths \| 1,788 sq.ft.	$504,900	Airbnb cash on cash: 0.92% Traditional cash on cash: 4.32% Airbnb Rental Income: $1609 Traditional Rental Income: $2757 Airbnb ROI: 0.92% Traditional ROI: 4.32%
7342 Elizabeth Lake Road Waterford, MI Welcome to this charming 2-bedroom, 2-bathroom home in Waterford Township, move-in ready a...	2 beds \| 2 baths \| 1,200 sq.ft.	$210,000	Airbnb cash on cash: -0.25% Traditional cash on cash: 6.81% Airbnb Rental Income: $824 Traditional Rental Income: $1903 Airbnb ROI: -0.25% Traditional ROI: 6.81%
4882 Elizabeth Lake Road Waterford, MI REDUCED! REDUCED MOTIVATED SELLER!! Sandy Beach Shoreline,, Enjoy Summer fun on the lake...	3 beds \| 3 baths \| 1,932 sq.ft.	$325,000	Airbnb cash on cash: 1.54% Traditional cash on cash: 8.13% Airbnb Rental Income: $1609 Traditional Rental Income: $3166 Airbnb ROI: 1.54% Traditional ROI: 8.13%
2911 Mott Avenue Waterford, MI Great opportunity to own this extremely well maintained home. Newly refinished hard wood f...	3 beds \| 1 baths \| 1,040 sq.ft.	$238,000	Airbnb cash on cash: 2.99% Traditional cash on cash: 4.3% Airbnb Rental Income: $1609 Traditional Rental Income: $1445 Airbnb ROI: 2.99% Traditional ROI: 4.3%
5788 Strathdon Waterford, MI Discover the timeless appeal of this 3-bedroom, 2-bathroom tri-level home in Waterford off...	3 beds \| 2 baths \| 1,599 sq.ft.	$300,000	Airbnb cash on cash: 1.23% Traditional cash on cash: 5.43% Airbnb Rental Income: $1609 Traditional Rental Income: $2339 Airbnb ROI: 1.23% Traditional ROI: 5.43%
5835 Forestal Waterford, MI Welcome to this spacious 5-bedroom home located in the peaceful and sought-after Elizabeth...	5 beds \| 2 baths \| 1,728 sq.ft.	$299,900	Airbnb cash on cash: 3.99% Traditional cash on cash: 6.27% Airbnb Rental Income: $2544 Traditional Rental Income: $2576 Airbnb ROI: 3.99% Traditional ROI: 6.27%
1214 Wind Chime Drive Waterford, MI Stunning, 2011 built, end unit, brick, ranch condo with private entry overlooking a peacef...	2 beds \| 3 baths \| 1,400 sq.ft.	$375,000	Airbnb cash on cash: -1.83% Traditional cash on cash: 3.64% Airbnb Rental Income: $824 Traditional Rental Income: $2420 Airbnb ROI: -1.83% Traditional ROI: 3.64%
5788 Strathdon Way Waterford, MI Discover the timeless appeal of this 3-bedroom, 2-bathroom tri-level home in Waterford off...	3 beds \| 2 baths \| 1,599 sq.ft.	$300,000	Airbnb cash on cash: 1.99% Traditional cash on cash: 6.19% Airbnb Rental Income: $1609 Traditional Rental Income: $2339 Airbnb ROI: 1.99% Traditional ROI: 6.19%
1276 Jay Street Waterford, MI REDUCED!! Welcome to this inviting 2-bedroom, 2.5-bath condo located in the Hidden Pond co...	2 beds \| 3 baths \| 1,237 sq.ft.	$215,000	Airbnb cash on cash: -1.82% Traditional cash on cash: 5.7% Airbnb Rental Income: $824 Traditional Rental Income: $2030 Airbnb ROI: -1.82% Traditional ROI: 5.7%
5745 Copper Tree Park Waterford, MI NEW SUBDIVISION Copper Tree Park!!! Spacious NEW BUILT Colonial Homes 2 of them will be RE...	3 beds \| 3 baths \| 1,800 sq.ft.	$349,900	Airbnb cash on cash: 1.87% Traditional cash on cash: 6.8% Airbnb Rental Income: $1609 Traditional Rental Income: $2773 Airbnb ROI: 1.87% Traditional ROI: 6.8%
5760 Copper Tree Park Waterford, MI NEW SUBDIVISION Copper Tree Park!!! Spacious NEW BUILT Colonial Homes 2 of them will be R...	3 beds \| 3 baths \| 1,800 sq.ft.	$349,900	Airbnb cash on cash: 1.87% Traditional cash on cash: 6.8% Airbnb Rental Income: $1609 Traditional Rental Income: $2773 Airbnb ROI: 1.87% Traditional ROI: 6.8%
727 McDougal Drive Waterford, MI Stunning Custom Lakefront Home on Desirable All-Sports Elizabeth Lake! Prime Location on ...	4 beds \| 4 baths \| 2,941 sq.ft.	$975,000	Airbnb cash on cash: 0.02% Traditional cash on cash: 2.68% Airbnb Rental Income: $2676 Traditional Rental Income: $4448 Airbnb ROI: 0.02% Traditional ROI: 2.68%
7749 Lake Ridge Drive unit: 27 #27 Waterford, MI Don't let days on market scare you away! This is a great value in a Waterford Condominium!...	2 beds \| N/A baths \| 1,240 sq.ft.	$174,900	Airbnb cash on cash: -2.65% Traditional cash on cash: 5.72% Airbnb Rental Income: $824 Traditional Rental Income: $1893 Airbnb ROI: -2.65% Traditional ROI: 5.72%
4675 Charest Avenue Waterford, MI Donât miss your chance to own this 1,500 sq. ft. ranch in a prime location with breathta...	2 beds \| 1 baths \| 1,507 sq.ft.	$499,900	Airbnb cash on cash: -1.06% Traditional cash on cash: 1.66% Airbnb Rental Income: $824 Traditional Rental Income: $1768 Airbnb ROI: -1.06% Traditional ROI: 1.66%
4682 Hawkes Avenue Waterford, MI Well maintained colonial exudes pride of ownership. Featuring, new roof (2018), a modern f...	3 beds \| N/A baths \| 1,439 sq.ft.	$249,900	Airbnb cash on cash: 2.23% Traditional cash on cash: 6.45% Airbnb Rental Income: $1609 Traditional Rental Income: $2149 Airbnb ROI: 2.23% Traditional ROI: 6.45%
544 Springle Drive Waterford, MI Experience what it means to live in simple sophistication in this modern designed ranch ho...	2 beds \| 3 baths \| 1,150 sq.ft.	$275,000	Airbnb cash on cash: 0.5% Traditional cash on cash: 7.08% Airbnb Rental Income: $824 Traditional Rental Income: $2203 Airbnb ROI: 0.5% Traditional ROI: 7.08%
7180 Lavender Lane Waterford, MI Welcome to Magnolia Park, where this well cared for 2 bedroom condo offers a practical lay...	2 beds \| 3 baths \| 1,345 sq.ft.	$245,000	Airbnb cash on cash: -1.26% Traditional cash on cash: 5.87% Airbnb Rental Income: $824 Traditional Rental Income: $2149 Airbnb ROI: -1.26% Traditional ROI: 5.87%
5596 Eldridge Drive Waterford, MI Super cute ranch in Waterford with 3 generously sized bedrooms and lake access to all-spor...	3 beds \| 1 baths \| 1,522 sq.ft.	$199,900	Airbnb cash on cash: 3.41% Traditional cash on cash: 6.64% Airbnb Rental Income: $1609 Traditional Rental Income: $1766 Airbnb ROI: 3.41% Traditional ROI: 6.64%
1611 Alma Avenue Waterford, MI Welcome home to this beautifully updated Waterford charmer. This 2-bedroom, 1-bath ranch s...	2 beds \| 1 baths \| 859 sq.ft.	$220,000	Airbnb cash on cash: 0.25% Traditional cash on cash: 4.74% Airbnb Rental Income: $824 Traditional Rental Income: $1434 Airbnb ROI: 0.25% Traditional ROI: 4.74%
1249 Woodlow Street Waterford, MI ~Tons of potential awaits you w/this spacious 3 bedroom home that offers 1800 sqft of livi...	3 beds \| 2 baths \| 1,800 sq.ft.	$300,000	Airbnb cash on cash: 1.53% Traditional cash on cash: 6.25% Airbnb Rental Income: $1609 Traditional Rental Income: $2484 Airbnb ROI: 1.53% Traditional ROI: 6.25%
2918 WOODBINE Drive Waterford, MI Stunning Sylvan Lakefront Ranch Home with Spectacular Views and Modern Updates Throughout....	3 beds \| 2 baths \| 1,257 sq.ft.	$675,000	Airbnb cash on cash: -0.84% Traditional cash on cash: 0.51% Airbnb Rental Income: $1609 Traditional Rental Income: $2001 Airbnb ROI: -0.84% Traditional ROI: 0.51%
4390 Cass Elizabeth Road Waterford, MI Price Improvement on this Lake Front home on Elizabeth Lake offers more than meets the eye...	4 beds \| 3 baths \| 2,996 sq.ft.	$529,900	Airbnb cash on cash: -0.94% Traditional cash on cash: 0.25% Airbnb Rental Income: $2676 Traditional Rental Income: $2629 Airbnb ROI: -0.94% Traditional ROI: 0.25%

Real Estate investment in Waterford, MI

There are 136 properties for sale in the city of Waterford . The median list price in Waterford is $299,900 and the average price per square foot is $187. In October 2025, the average monthly cash on cash return in Waterford is 5.00%. The average monthly rental income in Waterford is $2,299.

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

There are 136 investment properties available for sale in Waterford.

In 2025, the best neighborhood to buy investment property is Waterford.

The ROI for Long-Term is higher than the Short-Term in Waterford with average rental income of $2,299.

Your search for investment property begins and ends here

Investment Property for Sale in Waterford, MI

1522 Oregon Court

Waterford, MI

3 beds | 3 baths | 2,243 sq.ft.

$594,000

Airbnb cash on cash: -0.01%

Traditional cash on cash: 3.63%

Airbnb Rental Income: $1609

Traditional Rental Income: $3172

Airbnb ROI: -0.01%

Traditional ROI: 3.63%

1029 Monica Place

Waterford, MI

3 beds | 1 baths | 1,166 sq.ft.

$249,000

Airbnb cash on cash: 2.06%

Traditional cash on cash: 4.47%

Airbnb Rental Income: $1609

Traditional Rental Income: $1717

Airbnb ROI: 2.06%

Traditional ROI: 4.47%

5171 DURNHAM Drive

Waterford, MI

4 beds | 1 baths | 1,559 sq.ft.

$299,900

Airbnb cash on cash: 4.45%

Traditional cash on cash: 5.86%

Airbnb Rental Income: $2676

Traditional Rental Income: $2437

Airbnb ROI: 4.45%

Traditional ROI: 5.86%

7747 Lake Ridge Drive

Waterford, MI

2 beds | 2 baths | 1,000 sq.ft.

$170,000

Airbnb cash on cash: -2.78%

Traditional cash on cash: 2.42%

Airbnb Rental Income: $824

Traditional Rental Income: $1340

Airbnb ROI: -2.78%

Traditional ROI: 2.42%

5510 Berkley Drive

Waterford, MI

3 beds | 2 baths | 1,900 sq.ft.

$389,999

Airbnb cash on cash: 1.33%

Traditional cash on cash: 5.01%

Airbnb Rental Income: $1609

Traditional Rental Income: $2501

Airbnb ROI: 1.33%

Traditional ROI: 5.01%

7622 Woodview Drive

Waterford, MI

2 beds | N/A baths | 956 sq.ft.

$160,000

Airbnb cash on cash: -0.9%

Traditional cash on cash: 7.35%

Airbnb Rental Income: $824

Traditional Rental Income: $1758

Airbnb ROI: -0.9%

Traditional ROI: 7.35%

5741 Copper Tree Park

Waterford, MI

3 beds | 3 baths | 1,800 sq.ft.

$349,900

Airbnb cash on cash: 1.87%

Traditional cash on cash: 6.88%

Airbnb Rental Income: $1609

Traditional Rental Income: $2799

Airbnb ROI: 1.87%

Traditional ROI: 6.88%

7931 Jordan

Waterford, MI

3 beds | 3 baths | 1,788 sq.ft.

$504,900

Airbnb cash on cash: 0.92%

Traditional cash on cash: 4.32%

Airbnb Rental Income: $1609

Traditional Rental Income: $2757

Airbnb ROI: 0.92%