Real Estate Investment Properties for Sale in Coldwater, MI

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
10 Fairfield Dr Coldwater, MI This meticulously maintained 5-bedroom, 3-bath home blends modern updates with timeless ch...	5 beds \| 3 baths \| 2,775 sq.ft.	$344,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.65% Airbnb Rental Income: $null Traditional Rental Income: $3573 Airbnb ROI: N/A Traditional ROI: 8.65%
56 Thompson Boulevard Coldwater, MI SELLER OFFERING 2% CLOSING COST CONCESSION!! New construction 3 bedroom, 2 bath home in Th...	3 beds \| 2 baths \| 3,000 sq.ft.	$299,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.55% Airbnb Rental Income: $null Traditional Rental Income: $2089 Airbnb ROI: N/A Traditional ROI: 4.55%
318 Fairway Dr Coldwater, MI Beautiful 3-Bedroom Home on Nearly One Acre Overlooking Coldwater Country Club Golf Course...	3 beds \| 2 baths \| 3,029 sq.ft.	$469,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.88% Airbnb Rental Income: $null Traditional Rental Income: $3093 Airbnb ROI: N/A Traditional ROI: 4.88%
28 Avery Drive Coldwater, MI Nice ranch home with three bedrooms, one and a half baths, large living room,dining area, ...	3 beds \| 2 baths \| 1,176 sq.ft.	$155,000	Airbnb cash on cash: N/A Traditional cash on cash: 11.65% Airbnb Rental Income: $null Traditional Rental Income: $2095 Airbnb ROI: N/A Traditional ROI: 11.65%
727 Skipper Ln Coldwater, MI Time to hit the lake this summer in your new home. Located on the long channel, at the mou...	3 beds \| 2 baths \| 1,404 sq.ft.	$339,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.28% Airbnb Rental Income: $null Traditional Rental Income: $2523 Airbnb ROI: N/A Traditional ROI: 6.28%
273 Raymond Dr Coldwater, MI Coldwater Ranch Home Come see this completely renovated home which includes new roof, Cent...	3 beds \| 2 baths \| 1,716 sq.ft.	$224,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.6% Airbnb Rental Income: $null Traditional Rental Income: $2526 Airbnb ROI: N/A Traditional ROI: 9.6%
160 Fairfield Drive Coldwater, MI Welcome Home! This Charming ranch is ready for you to move in and make it your own. Update...	3 beds \| 1 baths \| 1,268 sq.ft.	$194,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.4% Airbnb Rental Income: $null Traditional Rental Income: $1707 Airbnb ROI: N/A Traditional ROI: 7.4%
29 Tanner Run Coldwater, MI Welcome to this custom-built home at 29 Tanner Run in Coldwater, MI, where thoughtful desi...	3 beds \| 2 baths \| 1,768 sq.ft.	$375,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.21% Airbnb Rental Income: $null Traditional Rental Income: $2721 Airbnb ROI: N/A Traditional ROI: 5.21%
104 Cardinal Dr Coldwater, MI Adorable two-bedroom, one-bath ranch-style home offering lake access to all-sports Rose La...	2 beds \| 1 baths \| 1,044 sq.ft.	$209,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.53% Airbnb Rental Income: $null Traditional Rental Income: $1573 Airbnb ROI: N/A Traditional ROI: 5.53%
382 W Russell Dr Coldwater, MI Your waterfront property on Coldwater's south chain of lakes is waiting for you. When size...	4 beds \| 2 baths \| 2,000 sq.ft.	$237,900	Airbnb cash on cash: N/A Traditional cash on cash: 10.23% Airbnb Rental Income: $null Traditional Rental Income: $2883 Airbnb ROI: N/A Traditional ROI: 10.23%
242 Bickford Dr Coldwater, MI Escape to this completely remodeled 2 bedrooms, 1 bath Gem on channel to Bartholomew Lake....	2 beds \| 1 baths \| 1,000 sq.ft.	$279,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.34% Airbnb Rental Income: $null Traditional Rental Income: $1633 Airbnb ROI: N/A Traditional ROI: 3.34%
511 E Southern Rd Coldwater, MI Where can you get a 3040sqft home sitting on just over 12 acres, 2 Pole Barns. This home ...	4 beds \| 3 baths \| 3,338 sq.ft.	$654,999	Airbnb cash on cash: N/A Traditional cash on cash: 3.72% Airbnb Rental Income: $null Traditional Rental Income: $3283 Airbnb ROI: N/A Traditional ROI: 3.72%
566 Lake Dr #A Coldwater, MI Coldwater Lakefront Condo - Walk right out your back door to the Lake and enjoy summer! Th...	2 beds \| 1 baths \| 1,100 sq.ft.	$389,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.94% Airbnb Rental Income: $null Traditional Rental Income: $1959 Airbnb ROI: N/A Traditional ROI: 1.94%
566 Angler Avenue Coldwater, MI Fishing, family and fun on the North chain of lakes. Randall lake is among over 1100 Acres...	5 beds \| 2 baths \| 3,124 sq.ft.	$320,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.75% Airbnb Rental Income: $null Traditional Rental Income: $3024 Airbnb ROI: N/A Traditional ROI: 7.75%
169 E Washington St Coldwater, MI Take a look at this 4 bedroom, 1 bath home in Coldwater. Features include living room perf...	4 beds \| 1 baths \| 1,296 sq.ft.	$130,000	Airbnb cash on cash: N/A Traditional cash on cash: 11.62% Airbnb Rental Income: $null Traditional Rental Income: $1987 Airbnb ROI: N/A Traditional ROI: 11.62%
586 Schaeffer Dr Coldwater, MI Multigenerational Living Along the Sauk River! This 4 bedroom, 5 bathroom home offers a fl...	4 beds \| 3 baths \| 3,243 sq.ft.	$529,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.42% Airbnb Rental Income: $null Traditional Rental Income: $6017 Airbnb ROI: N/A Traditional ROI: 10.42%
297 Winhoven Drive Coldwater, MI This beautiful one and a half story year-round lake home with 3 bedrooms and 2 full bathro...	3 beds \| 2 baths \| 1,400 sq.ft.	$409,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.16% Airbnb Rental Income: $null Traditional Rental Income: $2736 Airbnb ROI: N/A Traditional ROI: 5.16%
911 Dragon Shores Dr Coldwater, MI Welcome to your adorable lakefront getaway on beautiful Dragon Lake! This charming 2 bedro...	2 beds \| 1 baths \| 980 sq.ft.	$350,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.75% Airbnb Rental Income: $null Traditional Rental Income: $1770 Airbnb ROI: N/A Traditional ROI: 2.75%
600 One Straight Dr Coldwater, MI Welcome to this stunning one-story home by Bob Buescher Homes, located on the Bella Vista ...	4 beds \| 4 baths \| 4,820 sq.ft.	$799,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.91% Airbnb Rental Income: $null Traditional Rental Income: $3571 Airbnb ROI: N/A Traditional ROI: 2.91%
268 Paradise Island Dr Coldwater, MI WHO'S READY FOR ICE FISHING? Escape to your own peaceful retreat with this cozy one-bedroo...	1 beds \| 1 baths \| 556 sq.ft.	$190,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.57% Airbnb Rental Income: $null Traditional Rental Income: $1442 Airbnb ROI: N/A Traditional ROI: 5.57%
44 Candlewood Court Coldwater, MI *SELLER IS OFFERING $6,000 IN CONCESSIONS TOWARD YOUR BUYERS CLOSING COSTS!!* Call Lor...	4 beds \| 4 baths \| 3,829 sq.ft.	$499,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.3% Airbnb Rental Income: $null Traditional Rental Income: $3684 Airbnb ROI: N/A Traditional ROI: 5.3%
772 Marias Drive Coldwater, MI Welcome to Shawnee Shoals at Coldwater Lake! This charming 3-bedroom, 2-bath ranch offers ...	3 beds \| 2 baths \| 1,725 sq.ft.	$299,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.68% Airbnb Rental Income: $null Traditional Rental Income: $2733 Airbnb ROI: N/A Traditional ROI: 7.68%
566 Lake Drive unit: A #A Coldwater, MI Coldwater Lakefront Condo - Walk right out your back door to the Lake and enjoy summer! Th...	2 beds \| 2 baths \| 1,100 sq.ft.	$415,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.38% Airbnb Rental Income: $null Traditional Rental Income: $1874 Airbnb ROI: N/A Traditional ROI: 2.38%
245 Lyn Brook Dr Coldwater, MI Morrison Lake PRIVATE DOCK RIGHTS! Just three houses down from the private HOA boat launch...	3 beds \| 2 baths \| 2,430 sq.ft.	$335,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.94% Airbnb Rental Income: $null Traditional Rental Income: $2618 Airbnb ROI: N/A Traditional ROI: 5.94%
36 E Alden St Coldwater, MI	3 beds \| 2 baths \| 2,200 sq.ft.	$219,900	Airbnb cash on cash: N/A Traditional cash on cash: 11.42% Airbnb Rental Income: $null Traditional Rental Income: $2872 Airbnb ROI: N/A Traditional ROI: 11.42%
187 S Behnke Rd Coldwater, MI Enjoy Country living with this sprawling ranch home on just over 7 acres! This well-mainta...	3 beds \| 2 baths \| 2,500 sq.ft.	$430,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.62% Airbnb Rental Income: $null Traditional Rental Income: $2750 Airbnb ROI: N/A Traditional ROI: 3.62%
131 E Chicago Rd Coldwater, MI Welcome to this charming and roomy 2-bedroom, possibly 3 bedroom, 1-bath ranch-style home ...	2 beds \| 1 baths \| 1,370 sq.ft.	$185,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.4% Airbnb Rental Income: $null Traditional Rental Income: $1880 Airbnb ROI: N/A Traditional ROI: 8.4%
740 N Hawley Dr Coldwater, MI Welcome to this charming 2 bedroom (possible 3), 1 bath home on beautiful Morrison Lake! T...	2 beds \| 2 baths \| 3,174 sq.ft.	$559,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.53% Airbnb Rental Income: $null Traditional Rental Income: $2767 Airbnb ROI: N/A Traditional ROI: 3.53%
735 Bright Water Dr Coldwater, MI Recently renovated Coldwater Lake cottage. Deeded access to Coldwater Lake. Have the advan...	2 beds \| 1 baths \| 900 sq.ft.	$214,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.49% Airbnb Rental Income: $null Traditional Rental Income: $1747 Airbnb ROI: N/A Traditional ROI: 6.49%
282 W Colon Rd Coldwater, MI Picture-perfect country home on a rural, 2.5 acre lot with mature shade trees and circular...	3 beds \| 1 baths \| 1,574 sq.ft.	$272,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.7% Airbnb Rental Income: $null Traditional Rental Income: $1962 Airbnb ROI: N/A Traditional ROI: 5.7%
232 Lyn Brook Dr Coldwater, MI Nice Ranch home in neighborhood with association access and docking privileges to Morrison...	4 beds \| 2 baths \| 2,500 sq.ft.	$349,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.2% Airbnb Rental Income: $null Traditional Rental Income: $3067 Airbnb ROI: N/A Traditional ROI: 7.2%
7 Arrowhead Dr Coldwater, MI NEW CONSTRUCTION! ARROWHEAD SUBDIVISION OPEN HOUSE 1/31 9:30-11!!! Welcome to this stunn...	3 beds \| 2 baths \| 1,854 sq.ft.	$509,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.67% Airbnb Rental Income: $null Traditional Rental Income: $2834 Airbnb ROI: N/A Traditional ROI: 4.67%
22 Lynn Court Coldwater, MI Wonderful family home on a quiet street for walks and close enough to town. Inside, you'll...	3 beds \| 2 baths \| 1,512 sq.ft.	$282,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.06% Airbnb Rental Income: $null Traditional Rental Income: $2685 Airbnb ROI: N/A Traditional ROI: 7.06%
564 Lake Dr Coldwater, MI COLDWATER LAKE: Just over 100ft of highly desired Lake Drive. Enjoy the incredible views a...	5 beds \| 2 baths \| 2,894 sq.ft.	$1,100,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.36% Airbnb Rental Income: $null Traditional Rental Income: $3181 Airbnb ROI: N/A Traditional ROI: 1.36%
122 N Hudson St Coldwater, MI Step into this vintage Victorian dollhouse filled with character and timeless charm. Featu...	3 beds \| 2 baths \| 2,238 sq.ft.	$274,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.97% Airbnb Rental Income: $null Traditional Rental Income: $2783 Airbnb ROI: N/A Traditional ROI: 7.97%
418 Longview Dr Coldwater, MI Welcome to this charming, year-round lakefront home, nestled on Long Lake with 106 feet of...	3 beds \| 1 baths \| 960 sq.ft.	$425,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.81% Airbnb Rental Income: $null Traditional Rental Income: $2004 Airbnb ROI: N/A Traditional ROI: 2.81%
514 N Union City Rd Coldwater, MI This 2 bedroom, 1 bath home located just outside the city limits of Coldwater, offering th...	2 beds \| 1 baths \| 1,158 sq.ft.	$184,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.81% Airbnb Rental Income: $null Traditional Rental Income: $1721 Airbnb ROI: N/A Traditional ROI: 7.81%

Real Estate investment in Coldwater, MI

There are 81 properties for sale in the city of Coldwater . The median list price in Coldwater is $279,900 and the average price per square foot is $150. In March 2026, the average monthly cash on cash return in Coldwater is 5.00%. The average monthly rental income in Coldwater is $1,961.

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

There are 81 investment properties available for sale in Coldwater.

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

The ROI for Short-Term is higher than the Long-Term in Coldwater with average rental income of $N/A.

Your search for investment property begins and ends here

Investment Property for Sale in Coldwater, MI

10 Fairfield Dr

Coldwater, MI

5 beds | 3 baths | 2,775 sq.ft.

$344,900

Airbnb cash on cash: N/A

Traditional cash on cash: 8.65%

Airbnb Rental Income: $null

Traditional Rental Income: $3573

Airbnb ROI: N/A

Traditional ROI: 8.65%

56 Thompson Boulevard

Coldwater, MI

3 beds | 2 baths | 3,000 sq.ft.

$299,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.55%

Airbnb Rental Income: $null

Traditional Rental Income: $2089

Airbnb ROI: N/A

Traditional ROI: 4.55%

318 Fairway Dr

Coldwater, MI

3 beds | 2 baths | 3,029 sq.ft.

$469,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.88%

Airbnb Rental Income: $null

Traditional Rental Income: $3093

Airbnb ROI: N/A

Traditional ROI: 4.88%

28 Avery Drive

Coldwater, MI

3 beds | 2 baths | 1,176 sq.ft.

$155,000

Airbnb cash on cash: N/A

Traditional cash on cash: 11.65%

Airbnb Rental Income: $null

Traditional Rental Income: $2095

Airbnb ROI: N/A

Traditional ROI: 11.65%

727 Skipper Ln

Coldwater, MI

3 beds | 2 baths | 1,404 sq.ft.

$339,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.28%

Airbnb Rental Income: $null

Traditional Rental Income: $2523

Airbnb ROI: N/A

Traditional ROI: 6.28%

273 Raymond Dr

Coldwater, MI

3 beds | 2 baths | 1,716 sq.ft.

$224,900

Airbnb cash on cash: N/A

Traditional cash on cash: 9.6%

Airbnb Rental Income: $null

Traditional Rental Income: $2526

Airbnb ROI: N/A

Traditional ROI: 9.6%

160 Fairfield Drive

Coldwater, MI

3 beds | 1 baths | 1,268 sq.ft.

$194,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.4%

Airbnb Rental Income: $null

Traditional Rental Income: $1707

Airbnb ROI: N/A

Traditional ROI: 7.4%

29 Tanner Run

Coldwater, MI

3 beds | 2 baths | 1,768 sq.ft.

$375,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.21%

Airbnb Rental Income: $null

Traditional Rental Income: $2721

Airbnb ROI: N/A