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
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: N/A Traditional cash on cash: 9.57% Airbnb Rental Income: $null Traditional Rental Income: $2868 Airbnb ROI: N/A Traditional ROI: 9.57%
10 Fairfield Drive 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%
471 Mallard Drive Coldwater, MI All Sport Lake of the Woods Ranch Home/Lake Access/Expansive Garage Space! Enjoy the best ...	3 beds \| 2 baths \| 2,016 sq.ft.	$314,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.34% Airbnb Rental Income: $null Traditional Rental Income: $2522 Airbnb ROI: N/A Traditional ROI: 6.34%
318 Fairway Drive 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 Lane 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 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: 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%
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.	$215,000	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 Drive 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.	$239,900	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 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: N/A Traditional cash on cash: 3.34% Airbnb Rental Income: $null Traditional Rental Income: $1633 Airbnb ROI: N/A Traditional ROI: 3.34%
585 Berrynoll Court Coldwater, MI Here's your chance to own a beautifully designed new build by Kiracofe Homes, part of the ...	3 beds \| 2 baths \| 1,622 sq.ft.	$499,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.12% Airbnb Rental Income: $null Traditional Rental Income: $2520 Airbnb ROI: N/A Traditional ROI: 4.12%
198 W Chicago Road Coldwater, MI	4 beds \| 4 baths \| 3,301 sq.ft.	$799,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.82% Airbnb Rental Income: $null Traditional Rental Income: $3496 Airbnb ROI: N/A Traditional ROI: 2.82%
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 Street 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.	$149,900	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 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.	$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%
571 Scott Drive Coldwater, MI From the moment you walk into this beautiful 3-bedroom, 2-full bath home, you're welcomed ...	3 beds \| 2 baths \| 1,890 sq.ft.	$345,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.61% Airbnb Rental Income: $null Traditional Rental Income: $2855 Airbnb ROI: N/A Traditional ROI: 6.61%
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%
150 Oakwood Drive Coldwater, MI Step into luxury living with this like-new 3-bedroom, 2 full bath condo that combines comf...	3 beds \| 2 baths \| 1,830 sq.ft.	$315,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.6% Airbnb Rental Income: $null Traditional Rental Income: $2979 Airbnb ROI: N/A Traditional ROI: 6.6%
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.	$350,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.37% Airbnb Rental Income: $null Traditional Rental Income: $1770 Airbnb ROI: N/A Traditional ROI: 3.37%
600 One Straight Drive 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 Drive 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.	$198,000	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%
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.	$589,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.09% Airbnb Rental Income: $null Traditional Rental Income: $3975 Airbnb ROI: N/A Traditional ROI: 5.09%
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%
222 Randy Drive Coldwater, MI Welcome to this charming 3 bedroom, 2 bathroom home that balances comfort and functionalit...	3 beds \| 2 baths \| 2,460 sq.ft.	$312,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.47% Airbnb Rental Income: $null Traditional Rental Income: $2879 Airbnb ROI: N/A Traditional ROI: 7.47%
90 Oakdale Lane Coldwater, MI Welcome to 90 Oakdale Ln, a spacious 4-bedroom, 3-bath condominium in Coldwater offering c...	4 beds \| 3 baths \| 3,066 sq.ft.	$280,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.22% Airbnb Rental Income: $null Traditional Rental Income: $3558 Airbnb ROI: N/A Traditional ROI: 9.22%
421 Morse Street Coldwater, MI This beautifully remodeled 3-bedroom, 1-bath home in Coldwater offers the perfect blend of...	3 beds \| 1 baths \| 793 sq.ft.	$184,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.4% Airbnb Rental Income: $null Traditional Rental Income: $1772 Airbnb ROI: N/A Traditional ROI: 7.4%
481 Quimby Road Coldwater, MI Nestled in a beautiful country setting, this charming 3-bedroom, 2-bath home sits on 26 pi...	3 beds \| 2 baths \| 1,892 sq.ft.	$384,999	Airbnb cash on cash: N/A Traditional cash on cash: 5.5% Airbnb Rental Income: $null Traditional Rental Income: $2632 Airbnb ROI: N/A Traditional ROI: 5.5%
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: 7.7% Airbnb Rental Income: $null Traditional Rental Income: $2733 Airbnb ROI: N/A Traditional ROI: 7.7%
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 Drive Coldwater, MI Morrison Lake PRIVATE DOCK RIGHTS! Just three houses down from the private HOA boat launch...	3 beds \| 2 baths \| 1,452 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 Street 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 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.	$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%
234 Lyn Brook Drive Coldwater, MI NORTH CHAIN DOCK RIGHTS! This well-cared-for 3-bedroom, 2-bathroom ranch offers dock acces...	3 beds \| 2 baths \| 2,339 sq.ft.	$310,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.28% Airbnb Rental Income: $null Traditional Rental Income: $2521 Airbnb ROI: N/A Traditional ROI: 6.28%
131 E Chicago Road 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 Drive 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%
536 Hickory Lane Coldwater, MI	3 beds \| 2 baths \| 1,300 sq.ft.	$394,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.54% Airbnb Rental Income: $null Traditional Rental Income: $2376 Airbnb ROI: N/A Traditional ROI: 3.54%
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.	$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 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.	$279,900	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%

Real Estate investment in Coldwater, MI

There are 62 properties for sale in the city of Coldwater . The median list price in Coldwater is $310,000 and the average price per square foot is $161. In January 2026, the average monthly cash on cash return in Coldwater is 6.00%. The average monthly rental income in Coldwater is $2,522.

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

There are 62 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

374 Rohloff Drive

Coldwater, MI

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

$259,900

Airbnb cash on cash: N/A

Traditional cash on cash: 9.57%

Airbnb Rental Income: $null

Traditional Rental Income: $2868

Airbnb ROI: N/A

Traditional ROI: 9.57%

10 Fairfield Drive

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%

471 Mallard Drive

Coldwater, MI

3 beds | 2 baths | 2,016 sq.ft.

$314,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.34%

Airbnb Rental Income: $null

Traditional Rental Income: $2522

Airbnb ROI: N/A

Traditional ROI: 6.34%

318 Fairway Drive

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 Lane

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 Drive

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