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
129 Robin Drive Coldwater, MI This beautiful 3 bedroom, 2 bath home offers the perfect blend of comfort and style. The s...	3 beds \| 2 baths \| 1,560 sq.ft.	$259,900	Airbnb cash on cash: -0.14% Traditional cash on cash: 7.94% Airbnb Rental Income: $845 Traditional Rental Income: $2497 Airbnb ROI: -0.14% Traditional ROI: 7.94%
374 Rohloff Drive Coldwater, MI Welcome to this well-maintained 1,540 SQFT ranch offering 3 bedrooms and 1.5 bathrooms. Th...	3 beds \| 2 baths \| 1,540 sq.ft.	$259,900	Airbnb cash on cash: -0.03% Traditional cash on cash: 9.57% Airbnb Rental Income: $845 Traditional Rental Income: $2868 Airbnb ROI: -0.03% Traditional ROI: 9.57%
498 Warren Road Coldwater, MI *COLDWATER LAKE WATERFRONT! Bring your water toys and start enjoying this amazing Lakefron...	3 beds \| 2 baths \| 1,600 sq.ft.	$539,900	Airbnb cash on cash: -1.59% Traditional cash on cash: 3.11% Airbnb Rental Income: $845 Traditional Rental Income: $2885 Airbnb ROI: -1.59% Traditional ROI: 3.11%
572 Maple Lane Coldwater, MI Long Lake-Shady Oaks Golf Cart Community Just in time for Summer! Bring your water toys ...	2 beds \| 2 baths \| 1,135 sq.ft.	$325,000	Airbnb cash on cash: -0.82% Traditional cash on cash: 3.76% Airbnb Rental Income: $921 Traditional Rental Income: $1979 Airbnb ROI: -0.82% Traditional ROI: 3.76%
574 Maple Lane Coldwater, MI Shady Oaks-Long Lake Enjoy waterfront living in this 2-bedroom, 3 full bath home offerin...	2 beds \| 3 baths \| 2,076 sq.ft.	$399,000	Airbnb cash on cash: -0.37% Traditional cash on cash: 5.89% Airbnb Rental Income: $921 Traditional Rental Income: $2919 Airbnb ROI: -0.37% Traditional ROI: 5.89%
23 Arrowhead Drive Coldwater, MI This 4 bedroom, 3 bath home is Close to the schools, parks & downtown area. The Contempora...	4 beds \| 3 baths \| 2,612 sq.ft.	$530,000	Airbnb cash on cash: -0.19% Traditional cash on cash: 3.84% Airbnb Rental Income: $1642 Traditional Rental Income: $3179 Airbnb ROI: -0.19% Traditional ROI: 3.84%
10 Fairfield Drive Coldwater, MI This meticulously maintained 5-bedroom, 3-bath home blends modern updates with timeless ch...	5 beds \| 3 baths \| 2,460 sq.ft.	$338,900	Airbnb cash on cash: 6.1% Traditional cash on cash: 8.82% Airbnb Rental Income: $3476 Traditional Rental Income: $3573 Airbnb ROI: 6.1% Traditional ROI: 8.82%
43 W Alden Street Coldwater, MI Imagine morning coffee on the wraparound porch surrounded by beautiful perennial gardens. ...	2 beds \| 2 baths \| 1,450 sq.ft.	$210,000	Airbnb cash on cash: 0.25% Traditional cash on cash: 7.94% Airbnb Rental Income: $921 Traditional Rental Income: $2109 Airbnb ROI: 0.25% Traditional ROI: 7.94%
497 Iyopawa Road Coldwater, MI Coldwater Lake This beautiful lakefront home has plenty of space for all! Expansive lo...	4 beds \| 3 baths \| 2,100 sq.ft.	$969,900	Airbnb cash on cash: -1.01% Traditional cash on cash: 0.45% Airbnb Rental Income: $1642 Traditional Rental Income: $2497 Airbnb ROI: -1.01% Traditional ROI: 0.45%
33 Shoshoni Pass Coldwater, MI Bob Buescher Quality Built Home! Fantastic neighborhood located across the street from sch...	3 beds \| 2 baths \| 2,510 sq.ft.	$549,000	Airbnb cash on cash: -1.13% Traditional cash on cash: 3.72% Airbnb Rental Income: $845 Traditional Rental Income: $3002 Airbnb ROI: -1.13% Traditional ROI: 3.72%
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: -1.03% Traditional cash on cash: 4.55% Airbnb Rental Income: $845 Traditional Rental Income: $2089 Airbnb ROI: -1.03% Traditional ROI: 4.55%
486 Maple Lane Coldwater, MI MOTIVATED SELLERS! LAND CONTRACT POSSIBLE. Spacious and nicely maintained mobile home with...	4 beds \| 1 baths \| 1,800 sq.ft.	$189,900	Airbnb cash on cash: 4.08% Traditional cash on cash: 10.57% Airbnb Rental Income: $1642 Traditional Rental Income: $2351 Airbnb ROI: 4.08% Traditional ROI: 10.57%
273 Raymond Drive 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: 0.16% Traditional cash on cash: 9.6% Airbnb Rental Income: $845 Traditional Rental Income: $2526 Airbnb ROI: 0.16% Traditional ROI: 9.6%
787 Doves Landing Coldwater, MI SELLER FINANCING/LAND CONTRACT POSSIBLE Enjoy the tranquility of channel front living wi...	2 beds \| 1 baths \| 1,240 sq.ft.	$299,000	Airbnb cash on cash: -0.53% Traditional cash on cash: 4.56% Airbnb Rental Income: $921 Traditional Rental Income: $2011 Airbnb ROI: -0.53% Traditional ROI: 4.56%
450 Sycamore Drive Coldwater, MI LONG LAKE! Shady Oaks Golf Cart Community! 5 Bedrooms, 2 Full Bath Home with extra sleepin...	5 beds \| 2 baths \| 1,500 sq.ft.	$395,000	Airbnb cash on cash: 5.08% Traditional cash on cash: 4.74% Airbnb Rental Income: $3476 Traditional Rental Income: $2583 Airbnb ROI: 5.08% Traditional ROI: 4.74%
104 Cardinal Drive 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: 0.69% Traditional cash on cash: 5.68% Airbnb Rental Income: $921 Traditional Rental Income: $1573 Airbnb ROI: 0.69% Traditional ROI: 5.68%
242 Bickford Drive 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: -0.67% Traditional cash on cash: 3.34% Airbnb Rental Income: $921 Traditional Rental Income: $1633 Airbnb ROI: -0.67% Traditional ROI: 3.34%
511 E Southern Road Coldwater, MI Custom-built 3,338 sq ft lake home on 12.5+/- rolling acres with 82 feet of private fronta...	4 beds \| 3 baths \| 3,338 sq.ft.	$739,900	Airbnb cash on cash: 0.04% Traditional cash on cash: 3.09% Airbnb Rental Income: $1642 Traditional Rental Income: $3283 Airbnb ROI: 0.04% Traditional ROI: 3.09%
566 Lake Drive unit: 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.	$389,000	Airbnb cash on cash: -1.65% Traditional cash on cash: 2.13% Airbnb Rental Income: $921 Traditional Rental Income: $1959 Airbnb ROI: -1.65% Traditional ROI: 2.13%
88 Fawn Run Coldwater, MI Welcome to this well-maintained 3-bedroom, 2-bath home located in a quiet, desirable neigh...	3 beds \| 2 baths \| 1,352 sq.ft.	$295,000	Airbnb cash on cash: -0.48% Traditional cash on cash: 5.88% Airbnb Rental Income: $845 Traditional Rental Income: $2283 Airbnb ROI: -0.48% Traditional ROI: 5.88%
586 Schaeffer Drive Coldwater, MI Multigenerational Living Along the Sauk River! This 4 bedroom, 5 bathroom home offers a fl...	4 beds \| 4 baths \| 3,243 sq.ft.	$499,900	Airbnb cash on cash: 0.73% Traditional cash on cash: 11.08% Airbnb Rental Income: $1642 Traditional Rental Income: $6017 Airbnb ROI: 0.73% Traditional ROI: 11.08%
321 Kope Kon Point Coldwater, MI This three bed, two bath home is comfortable as a year round home, or as your summer retre...	3 beds \| 2 baths \| 2,000 sq.ft.	$759,000	Airbnb cash on cash: -2.15% Traditional cash on cash: 1.36% Airbnb Rental Income: $845 Traditional Rental Income: $2993 Airbnb ROI: -2.15% Traditional ROI: 1.36%
911 Dragon Shores Drive Coldwater, MI Welcome to your adorable lakefront getaway on beautiful Dragon Lake! This charming 2 bedro...	2 beds \| 1 baths \| 980 sq.ft.	$339,900	Airbnb cash on cash: -0.87% Traditional cash on cash: 2.86% Airbnb Rental Income: $921 Traditional Rental Income: $1770 Airbnb ROI: -0.87% Traditional ROI: 2.86%
600 One Straight Drive Coldwater, MI Welcome to this beautiful one-story home by Bob Buescher Homes, perfectly situated on the ...	4 beds \| 4 baths \| 4,820 sq.ft.	$749,900	Airbnb cash on cash: -0.25% Traditional cash on cash: 3.17% Airbnb Rental Income: $1642 Traditional Rental Income: $3571 Airbnb ROI: -0.25% Traditional ROI: 3.17%
268 Paradise Island Drive Coldwater, MI Spring is around the corner! Escape to your own peaceful retreat with this cozy one-bedroo...	1 beds \| 1 baths \| 556 sq.ft.	$160,000	Airbnb cash on cash: 0.05% Traditional cash on cash: 7.08% Airbnb Rental Income: $667 Traditional Rental Income: $1442 Airbnb ROI: 0.05% Traditional ROI: 7.08%
370 Bishop Avenue Coldwater, MI Welcome to this exquisite custom-built Bob Buescher Home. Located in one of the area's mos...	5 beds \| 4 baths \| 3,517 sq.ft.	$564,900	Airbnb cash on cash: 2.95% Traditional cash on cash: 5.35% Airbnb Rental Income: $3476 Traditional Rental Income: $3975 Airbnb ROI: 2.95% Traditional ROI: 5.35%
322 W Chicago Road Coldwater, MI Welcome Home! This fully renovated 2-bedroom (with a possible 3rd) home sits on a peaceful...	2 beds \| 1 baths \| 1,565 sq.ft.	$262,000	Airbnb cash on cash: -0.5% Traditional cash on cash: 4.46% Airbnb Rental Income: $921 Traditional Rental Income: $1803 Airbnb ROI: -0.5% Traditional ROI: 4.46%
243 E Rose Road Coldwater, MI Welcome to your dream waterfront retreat on beautiful Rose Lake! This stunning 3-bedroom, ...	3 beds \| 2 baths \| 2,000 sq.ft.	$649,900	Airbnb cash on cash: -0.77% Traditional cash on cash: 3.36% Airbnb Rental Income: $845 Traditional Rental Income: $3023 Airbnb ROI: -0.77% Traditional ROI: 3.36%
187 S Behnke Road 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.	$399,000	Airbnb cash on cash: -2% Traditional cash on cash: 3.97% Airbnb Rental Income: $845 Traditional Rental Income: $2750 Airbnb ROI: -2% Traditional ROI: 3.97%
740 N Hawley Drive Coldwater, MI Welcome to this charming 2 bedroom, 1 bath home on beautiful Morrison Lake, with the poten...	2 beds \| 2 baths \| 3,174 sq.ft.	$549,800	Airbnb cash on cash: -0.65% Traditional cash on cash: 3.61% Airbnb Rental Income: $921 Traditional Rental Income: $2767 Airbnb ROI: -0.65% Traditional ROI: 3.61%
735 Bright Water Drive Coldwater, MI Recently renovated Coldwater Lake cottage. Deeded access to Coldwater Lake. Have the advan...	2 beds \| 2 baths \| 900 sq.ft.	$209,900	Airbnb cash on cash: 0.79% Traditional cash on cash: 6.66% Airbnb Rental Income: $921 Traditional Rental Income: $1747 Airbnb ROI: 0.79% Traditional ROI: 6.66%
282 W Colon Road 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.	$258,900	Airbnb cash on cash: 0.31% Traditional cash on cash: 6.24% Airbnb Rental Income: $845 Traditional Rental Income: $1962 Airbnb ROI: 0.31% Traditional ROI: 6.24%
232 Lyn Brook Drive Coldwater, MI Nice Ranch home in neighborhood with association access and docking privileges to Morrison...	4 beds \| 2 baths \| 2,500 sq.ft.	$339,900	Airbnb cash on cash: 1.76% Traditional cash on cash: 7.67% Airbnb Rental Income: $1642 Traditional Rental Income: $3067 Airbnb ROI: 1.76% Traditional ROI: 7.67%
7 Arrowhead Drive Coldwater, MI NEW CONSTRUCTION! ARROWHEAD SUBDIVISION OPEN HOUSE 3/21 9:30-11 LARGE PRICE REDUCTION!!!...	3 beds \| 2 baths \| 1,854 sq.ft.	$489,900	Airbnb cash on cash: -0.17% Traditional cash on cash: 4.89% Airbnb Rental Income: $845 Traditional Rental Income: $2834 Airbnb ROI: -0.17% Traditional ROI: 4.89%
564 Lake Drive Coldwater, MI Price Reduction! COLDWATER LAKE: Just over 100ft of highly desired Lake Drive. Enjoy the i...	5 beds \| 2 baths \| 2,894 sq.ft.	$998,000	Airbnb cash on cash: 1.09% Traditional cash on cash: 1.6% Airbnb Rental Income: $3476 Traditional Rental Income: $3181 Airbnb ROI: 1.09% Traditional ROI: 1.6%
122 N Hudson Street Coldwater, MI OPEN HOUSE: SATURDAY, APRIL 11 FROM NOON - 2PM. Don't miss this Beautiful home that was re...	3 beds \| 2 baths \| 2,238 sq.ft.	$274,000	Airbnb cash on cash: -0.81% Traditional cash on cash: 7.97% Airbnb Rental Income: $845 Traditional Rental Income: $2783 Airbnb ROI: -0.81% Traditional ROI: 7.97%

Real Estate investment in Coldwater, MI

There are 71 properties for sale in the city of Coldwater . The median list price in Coldwater is $339,900 and the average price per square foot is $182. In April 2026, the average monthly cash on cash return in Coldwater is 5.00%. The average monthly rental income in Coldwater is $2,556.

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

There are 71 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 $921.

Your search for investment property begins and ends here

Investment Property for Sale in Coldwater, MI

129 Robin Drive

Coldwater, MI

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

$259,900

Airbnb cash on cash: -0.14%

Traditional cash on cash: 7.94%

Airbnb Rental Income: $845

Traditional Rental Income: $2497

Airbnb ROI: -0.14%

Traditional ROI: 7.94%

374 Rohloff Drive

Coldwater, MI

3 beds | 2 baths | 1,540 sq.ft.

$259,900

Airbnb cash on cash: -0.03%

Traditional cash on cash: 9.57%

Airbnb Rental Income: $845

Traditional Rental Income: $2868

Airbnb ROI: -0.03%

Traditional ROI: 9.57%

498 Warren Road

Coldwater, MI

3 beds | 2 baths | 1,600 sq.ft.

$539,900

Airbnb cash on cash: -1.59%

Traditional cash on cash: 3.11%

Airbnb Rental Income: $845

Traditional Rental Income: $2885

Airbnb ROI: -1.59%

Traditional ROI: 3.11%

572 Maple Lane

Coldwater, MI

2 beds | 2 baths | 1,135 sq.ft.

$325,000

Airbnb cash on cash: -0.82%

Traditional cash on cash: 3.76%

Airbnb Rental Income: $921

Traditional Rental Income: $1979

Airbnb ROI: -0.82%

Traditional ROI: 3.76%

574 Maple Lane

Coldwater, MI

2 beds | 3 baths | 2,076 sq.ft.

$399,000

Airbnb cash on cash: -0.37%

Traditional cash on cash: 5.89%

Airbnb Rental Income: $921

Traditional Rental Income: $2919

Airbnb ROI: -0.37%

Traditional ROI: 5.89%

23 Arrowhead Drive

Coldwater, MI

4 beds | 3 baths | 2,612 sq.ft.

$530,000

Airbnb cash on cash: -0.19%

Traditional cash on cash: 3.84%

Airbnb Rental Income: $1642

Traditional Rental Income: $3179

Airbnb ROI: -0.19%

Traditional ROI: 3.84%

10 Fairfield Drive

Coldwater, MI

5 beds | 3 baths | 2,460 sq.ft.

$338,900

Airbnb cash on cash: 6.1%

Traditional cash on cash: 8.82%

Airbnb Rental Income: $3476

Traditional Rental Income: $3573

Airbnb ROI: 6.1%

Traditional ROI: 8.82%

43 W Alden Street

Coldwater, MI

2 beds | 2 baths | 1,450 sq.ft.

$210,000

Airbnb cash on cash: 0.25%

Traditional cash on cash: 7.94%

Airbnb Rental Income: $921

Traditional Rental Income: $2109

Airbnb ROI: 0.25%