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 OPEN HOUSE 8/17 from 1-2 p.m Motivated seller, price reduction, carpets professionally cle...	3 beds \| 2 baths \| 3,080 sq.ft.	$287,000	Airbnb cash on cash: 1.58% Traditional cash on cash: 8.12% Airbnb Rental Income: $1545 Traditional Rental Income: $2868 Airbnb ROI: 1.58% Traditional ROI: 8.12%
607 Zale Drive Coldwater, MI Investment Opportunity! Enjoy 95 feet of water frontage on beautiful Long Lake, part of th...	2 beds \| 1 baths \| 784 sq.ft.	$179,000	Airbnb cash on cash: 0.6% Traditional cash on cash: 6.69% Airbnb Rental Income: $1004 Traditional Rental Income: $1685 Airbnb ROI: 0.6% Traditional ROI: 6.69%
119 N Behnke Road Coldwater, MI Looking for a more self sufficient lifestyle? Have I got the property for you. It comes wi...	3 beds \| 2 baths \| 1,400 sq.ft.	$199,900	Airbnb cash on cash: 3.23% Traditional cash on cash: 10.58% Airbnb Rental Income: $1545 Traditional Rental Income: $2493 Airbnb ROI: 3.23% Traditional ROI: 10.58%
270 E Southern Road Coldwater, MI Pleasant Lake Enjoy the space and fun with life on the lake! This charming 3-bedroom,...	3 beds \| 2 baths \| 1,635 sq.ft.	$248,900	Airbnb cash on cash: 1.16% Traditional cash on cash: 7.22% Airbnb Rental Income: $1545 Traditional Rental Income: $2522 Airbnb ROI: 1.16% Traditional ROI: 7.22%
734 Fountain Lane Coldwater, MI COLDWATER LAKE: Happy Hollow Park. An affordable way to get on Coldwater Lake Chain. Gated...	2 beds \| 1 baths \| 1,000 sq.ft.	$179,900	Airbnb cash on cash: 0.45% Traditional cash on cash: 4.68% Airbnb Rental Income: $1004 Traditional Rental Income: $1371 Airbnb ROI: 0.45% Traditional ROI: 4.68%
635 Pearl Beach Drive Coldwater, MI COLDWATER LAKE: 100 Ft. of private waterfrontage on Highly desired Pearl Beach Drive. Pano...	3 beds \| 2 baths \| 2,880 sq.ft.	$799,000	Airbnb cash on cash: -0.91% Traditional cash on cash: 1.57% Airbnb Rental Income: $1545 Traditional Rental Income: $2941 Airbnb ROI: -0.91% Traditional ROI: 1.57%
493 Swan Lane Coldwater, MI Check out this 3-bedroom, 1-bath home in the sought-after Fiesta Shores Associationâwith...	3 beds \| 1 baths \| 800 sq.ft.	$169,999	Airbnb cash on cash: 4.29% Traditional cash on cash: 7.14% Airbnb Rental Income: $1545 Traditional Rental Income: $1560 Airbnb ROI: 4.29% Traditional ROI: 7.14%
598 Dayburg Road Coldwater, MI Have you been looking to escape to the country life? Look no further. This country home h...	3 beds \| 2 baths \| 2,544 sq.ft.	$410,000	Airbnb cash on cash: 0.43% Traditional cash on cash: 4.56% Airbnb Rental Income: $1545 Traditional Rental Income: $2683 Airbnb ROI: 0.43% Traditional ROI: 4.56%
93 Henry Street Coldwater, MI Beautiful move in ready home in a great neighborhood with close proximity to Coldwater sch...	3 beds \| 2 baths \| 1,480 sq.ft.	$254,900	Airbnb cash on cash: 2.34% Traditional cash on cash: 7.56% Airbnb Rental Income: $1545 Traditional Rental Income: $2354 Airbnb ROI: 2.34% Traditional ROI: 7.56%
497 Iyopawa Road Coldwater, MI Coldwater Lake This beautiful lakefront home has plenty of space for all! Expansive l...	4 beds \| 3 baths \| 2,100 sq.ft.	$969,900	Airbnb cash on cash: 1.43% Traditional cash on cash: 0.45% Airbnb Rental Income: $4276 Traditional Rental Income: $2497 Airbnb ROI: 1.43% Traditional ROI: 0.45%
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: 1.04% Traditional cash on cash: 4.55% Airbnb Rental Income: $1545 Traditional Rental Income: $2089 Airbnb ROI: 1.04% Traditional ROI: 4.55%
606 Woodchuck Drive Coldwater, MI Morrison Lake 1.28 Acre Lakefront Home with Pole barn!! Properties like this are very h...	3 beds \| 3 baths \| 1,880 sq.ft.	$799,900	Airbnb cash on cash: -0.33% Traditional cash on cash: 1.3% Airbnb Rental Income: $1545 Traditional Rental Income: $2313 Airbnb ROI: -0.33% Traditional ROI: 1.3%
679 N Union City Road Coldwater, MI Charming Country Living with Modern Comforts Near Coldwater Golf Course & North Chain of L...	3 beds \| 3 baths \| 2,280 sq.ft.	$280,000	Airbnb cash on cash: 1.67% Traditional cash on cash: 8.34% Airbnb Rental Income: $1545 Traditional Rental Income: $2859 Airbnb ROI: 1.67% Traditional ROI: 8.34%
263 Morse Street Coldwater, MI Welcome HOME! This fully remodeled 3-bedroom, 2.5-bath home has been updated from top to b...	3 beds \| 3 baths \| 1,820 sq.ft.	$315,000	Airbnb cash on cash: 2.07% Traditional cash on cash: 6.48% Airbnb Rental Income: $1545 Traditional Rental Income: $2405 Airbnb ROI: 2.07% Traditional ROI: 6.48%
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.	$359,900	Airbnb cash on cash: 1.66% Traditional cash on cash: 5.88% Airbnb Rental Income: $1545 Traditional Rental Income: $2523 Airbnb ROI: 1.66% Traditional ROI: 5.88%
204 W Hatmaker Road Coldwater, MI Welcome to this charming 3-bedroom, 3-bathroom home nestled on a generous 2.331-acre lot, ...	3 beds \| 3 baths \| 2,052 sq.ft.	$339,500	Airbnb cash on cash: 0.63% Traditional cash on cash: 6.27% Airbnb Rental Income: $1545 Traditional Rental Income: $2897 Airbnb ROI: 0.63% Traditional ROI: 6.27%
74 Lucky Drive Coldwater, MI NORTH CHAIN OF LAKES* Motivated Sellers!!!! Discover your perfect lakeside getaway with ...	3 beds \| 1 baths \| 1,120 sq.ft.	$375,000	Airbnb cash on cash: 0.42% Traditional cash on cash: 2.93% Airbnb Rental Income: $1545 Traditional Rental Income: $1982 Airbnb ROI: 0.42% Traditional ROI: 2.93%
291 N Fiske Road Coldwater, MI Welcome to this beautifully updated 3-bedroom, 1.5-bath home in Coldwater! Brand new roof....	3 beds \| 2 baths \| 1,048 sq.ft.	$169,900	Airbnb cash on cash: 4.25% Traditional cash on cash: 8.65% Airbnb Rental Income: $1545 Traditional Rental Income: $1811 Airbnb ROI: 4.25% Traditional ROI: 8.65%
77 Maple Lane Coldwater, MI Welcome to this spacious and well-maintained home offering room for everyone! The main flo...	5 beds \| 3 baths \| 2,296 sq.ft.	$360,000	Airbnb cash on cash: 9.13% Traditional cash on cash: 6.6% Airbnb Rental Income: $4946 Traditional Rental Income: $3079 Airbnb ROI: 9.13% Traditional ROI: 6.6%
787 Doves Landing Coldwater, MI Enjoy the tranquility of channel front living with this inviting 2-bedroom, 1-bath home se...	2 beds \| 1 baths \| 1,240 sq.ft.	$299,900	Airbnb cash on cash: -0.26% Traditional cash on cash: 4.57% Airbnb Rental Income: $1004 Traditional Rental Income: $2011 Airbnb ROI: -0.26% Traditional ROI: 4.57%
450 Sycamore Drive Coldwater, MI South Chain of Lakes-Waterfront Retreat! Shady Oaks Golf Cart Community! New Flooring jus...	5 beds \| 2 baths \| 1,500 sq.ft.	$410,000	Airbnb cash on cash: 8.04% Traditional cash on cash: 4.53% Airbnb Rental Income: $4946 Traditional Rental Income: $2583 Airbnb ROI: 8.04% Traditional ROI: 4.53%
482 Swan Lane Coldwater, MI Enjoy lakefront living with this cozy 2-bedroom, 2-bath home featuring 60 feet of channel ...	2 beds \| 2 baths \| 1,055 sq.ft.	$204,900	Airbnb cash on cash: 1.01% Traditional cash on cash: 7.92% Airbnb Rental Income: $1004 Traditional Rental Income: $1991 Airbnb ROI: 1.01% Traditional ROI: 7.92%
291 Waffle Drive Coldwater, MI Morrison Lake Start enjoying this Year-Round Bob Buescher quality-built lake home the ...	4 beds \| 3 baths \| 2,400 sq.ft.	$749,900	Airbnb cash on cash: 2.64% Traditional cash on cash: 2.65% Airbnb Rental Income: $4276 Traditional Rental Income: $3377 Airbnb ROI: 2.64% Traditional ROI: 2.65%
111 Arrowhead Drive Coldwater, MI Welcome to Your new home! Step into this stunning 3-bedroom 2.5 bath home boasting over 3,...	3 beds \| 3 baths \| 3,258 sq.ft.	$499,000	Airbnb cash on cash: -0.53% Traditional cash on cash: 3.66% Airbnb Rental Income: $1545 Traditional Rental Income: $3057 Airbnb ROI: -0.53% Traditional ROI: 3.66%
77 S Sprague Street Coldwater, MI Adorable and meticulously maintained Cape Cod home in the city of Coldwater. 3 bedrooms wi...	3 beds \| 1 baths \| 1,656 sq.ft.	$198,000	Airbnb cash on cash: 2.76% Traditional cash on cash: 7.48% Airbnb Rental Income: $1545 Traditional Rental Income: $1985 Airbnb ROI: 2.76% Traditional ROI: 7.48%
256 Perkins Street Coldwater, MI Nice clean neat one bedroom home with huge deep lot and 2 out buildings close to the hospi...	1 beds \| 1 baths \| 988 sq.ft.	$94,900	Airbnb cash on cash: N/A Traditional cash on cash: 11.62% Airbnb Rental Income: $null Traditional Rental Income: $1346 Airbnb ROI: N/A Traditional ROI: 11.62%
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: -0.41% Traditional cash on cash: 3.34% Airbnb Rental Income: $1004 Traditional Rental Income: $1633 Airbnb ROI: -0.41% Traditional ROI: 3.34%
10 Hooker Street Coldwater, MI Open House! Sun 8/3 12PM-2PM Just Renovated & Move-In Ready! Cozy 1 Bed / 1 Bath Bungal...	1 beds \| 1 baths \| 464 sq.ft.	$89,500	Airbnb cash on cash: N/A Traditional cash on cash: 9.86% Airbnb Rental Income: $null Traditional Rental Income: $1062 Airbnb ROI: N/A Traditional ROI: 9.86%
40 W Alden Street Coldwater, MI Cute as a Button & Ready for You! This charming 2-bedroom, 1-bath home is the perfect ble...	2 beds \| 1 baths \| 1,148 sq.ft.	$149,900	Airbnb cash on cash: 1.9% Traditional cash on cash: 8.85% Airbnb Rental Income: $1004 Traditional Rental Income: $1645 Airbnb ROI: 1.9% Traditional ROI: 8.85%
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: 1.08% Traditional cash on cash: 4.12% Airbnb Rental Income: $1545 Traditional Rental Income: $2520 Airbnb ROI: 1.08% Traditional ROI: 4.12%
50 Thompson Boulevard Coldwater, MI Looking for a spacious home with room to grow? Check out this 4-bedroom, 2.5-bath in Coldw...	4 beds \| 3 baths \| 1,735 sq.ft.	$299,900	Airbnb cash on cash: 9.48% Traditional cash on cash: 7.71% Airbnb Rental Income: $4276 Traditional Rental Income: $2873 Airbnb ROI: 9.48% Traditional ROI: 7.71%
525 W Chicago Street Coldwater, MI Starter home or Down Sizing Affordable ranch ready for immediate occupancy. Home feature...	2 beds \| 1 baths \| 792 sq.ft.	$99,500	Airbnb cash on cash: 3.23% Traditional cash on cash: 11.44% Airbnb Rental Income: $1004 Traditional Rental Income: $1442 Airbnb ROI: 3.23% Traditional ROI: 11.44%
757 Lake Shore Point Coldwater, MI Bartholomew Lake-Coldwater's South Chain of Lakes! Amazing Waterfront Home with an unbe...	2 beds \| 2 baths \| 1,387 sq.ft.	$429,900	Airbnb cash on cash: -0.89% Traditional cash on cash: 3.51% Airbnb Rental Income: $1004 Traditional Rental Income: $2421 Airbnb ROI: -0.89% Traditional ROI: 3.51%
274 Hawley Center Drive Coldwater, MI MOTIVATED SELLER Morrison Lake North Chain of Lakes. Sellers have done all the work...	2 beds \| 1 baths \| 1,339 sq.ft.	$459,900	Airbnb cash on cash: -0.19% Traditional cash on cash: 2.8% Airbnb Rental Income: $1004 Traditional Rental Income: $1935 Airbnb ROI: -0.19% Traditional ROI: 2.8%
755 Bright Water Drive Coldwater, MI Get ready for Lake season at Coldwater Lake! Walk right into this fully furnished cottage ...	1 beds \| 1 baths \| 592 sq.ft.	$183,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.06% Airbnb Rental Income: $null Traditional Rental Income: $1136 Airbnb ROI: N/A Traditional ROI: 4.06%
566 Lake Drive #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.	$439,900	Airbnb cash on cash: -1.41% Traditional cash on cash: 1.78% Airbnb Rental Income: $1004 Traditional Rental Income: $1959 Airbnb ROI: -1.41% Traditional ROI: 1.78%
165 Waterman Avenue Coldwater, MI This 3 bedroom 1 and 1/2 bath home has been totally redone inside in 2024. New kitchen, b...	3 beds \| 2 baths \| 2,038 sq.ft.	$290,000	Airbnb cash on cash: 1.99% Traditional cash on cash: 7.94% Airbnb Rental Income: $1545 Traditional Rental Income: $2724 Airbnb ROI: 1.99% Traditional ROI: 7.94%
4 Grady Court Coldwater, MI Are you looking for a home with plenty of living space in a quiet neighborhood that is co...	3 beds \| 2 baths \| 1,560 sq.ft.	$279,900	Airbnb cash on cash: 1.92% Traditional cash on cash: 7.09% Airbnb Rental Income: $1545 Traditional Rental Income: $2462 Airbnb ROI: 1.92% Traditional ROI: 7.09%
535 W Chicago Street Coldwater, MI Beautifully updated home full basement , large yard for family enjoyment 2 Bedroom, 2 ...	2 beds \| 3 baths \| 1,232 sq.ft.	$200,000	Airbnb cash on cash: 0.74% Traditional cash on cash: 9.25% Airbnb Rental Income: $1004 Traditional Rental Income: $2264 Airbnb ROI: 0.74% Traditional ROI: 9.25%
109 Pierson Street Coldwater, MI Welcome home to this charming and cozy 2-bedroom, 1-bath beauty that's full of warmth and ...	2 beds \| 1 baths \| 999 sq.ft.	$145,000	Airbnb cash on cash: 2.39% Traditional cash on cash: 8.97% Airbnb Rental Income: $1004 Traditional Rental Income: $1562 Airbnb ROI: 2.39% Traditional ROI: 8.97%

Real Estate investment in Coldwater, MI

There are 99 properties for sale in the city of Coldwater . The median list price in Coldwater is $275,000 and the average price per square foot is $160. In September 2025, the average monthly cash on cash return in Coldwater is 7.00%. The average monthly rental income in Coldwater is $2,353.

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

There are 99 investment properties available for sale in Coldwater.

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

The ROI for Long-Term is higher than the Short-Term in Coldwater with average rental income of $2,353.

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 | 3,080 sq.ft.

$287,000

Airbnb cash on cash: 1.58%

Traditional cash on cash: 8.12%

Airbnb Rental Income: $1545

Traditional Rental Income: $2868

Airbnb ROI: 1.58%

Traditional ROI: 8.12%

607 Zale Drive

Coldwater, MI

2 beds | 1 baths | 784 sq.ft.

$179,000

Airbnb cash on cash: 0.6%

Traditional cash on cash: 6.69%

Airbnb Rental Income: $1004

Traditional Rental Income: $1685

Airbnb ROI: 0.6%

Traditional ROI: 6.69%

119 N Behnke Road

Coldwater, MI

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

$199,900

Airbnb cash on cash: 3.23%

Traditional cash on cash: 10.58%

Airbnb Rental Income: $1545

Traditional Rental Income: $2493

Airbnb ROI: 3.23%

Traditional ROI: 10.58%

270 E Southern Road

Coldwater, MI

3 beds | 2 baths | 1,635 sq.ft.

$248,900

Airbnb cash on cash: 1.16%

Traditional cash on cash: 7.22%

Airbnb Rental Income: $1545

Traditional Rental Income: $2522

Airbnb ROI: 1.16%

Traditional ROI: 7.22%

734 Fountain Lane

Coldwater, MI

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

$179,900

Airbnb cash on cash: 0.45%

Traditional cash on cash: 4.68%

Airbnb Rental Income: $1004

Traditional Rental Income: $1371

Airbnb ROI: 0.45%

Traditional ROI: 4.68%

635 Pearl Beach Drive

Coldwater, MI

3 beds | 2 baths | 2,880 sq.ft.

$799,000

Airbnb cash on cash: -0.91%

Traditional cash on cash: 1.57%

Airbnb Rental Income: $1545

Traditional Rental Income: $2941

Airbnb ROI: -0.91%

Traditional ROI: 1.57%

493 Swan Lane

Coldwater, MI

3 beds | 1 baths | 800 sq.ft.

$169,999

Airbnb cash on cash: 4.29%

Traditional cash on cash: 7.14%

Airbnb Rental Income: $1545

Traditional Rental Income: $1560

Airbnb ROI: 4.29%

Traditional ROI: 7.14%

598 Dayburg Road

Coldwater, MI

3 beds | 2 baths | 2,544 sq.ft.

$410,000

Airbnb cash on cash: 0.43%

Traditional cash on cash: 4.56%

Airbnb Rental Income: $1545

Traditional Rental Income: $2683

Airbnb ROI: 0.43%