Real Estate Investment Properties for Sale in Coloma, MI

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
4289 Arrowwood Coloma, MI 4289 Arrowwood, Benton Harbor, MI 49022 \| Single Family Residential	3 beds \| 2 baths \| 1,560 sq.ft.	$299,000	Airbnb cash on cash: 1.15% Traditional cash on cash: 4.99% Airbnb Rental Income: $1580 Traditional Rental Income: $2209 Airbnb ROI: 1.15% Traditional ROI: 4.99%
VL Broderick Rd Coloma, MI VL Broderick Rd, Coloma, MI 49022 \| Other	N/A beds \| N/A baths \| N/A	$89,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.43% Airbnb Rental Income: $null Traditional Rental Income: $789 Airbnb ROI: N/A Traditional ROI: 5.43%
01 Greystone Ct Coloma, MI 01 Greystone Ct, Coloma, MI 49022 \| Other	N/A beds \| N/A baths \| N/A	$95,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.12% Airbnb Rental Income: $null Traditional Rental Income: $798 Airbnb ROI: N/A Traditional ROI: 5.12%
5564 Newton Ave Coloma, MI DON'T MISS THIS 3 BR, 2.5 Bath Ranch w/2-Car Garage...Located on a Double Lot in a Well-Ma...	3 beds \| 2 baths \| 1,812 sq.ft.	$275,000	Airbnb cash on cash: 1.59% Traditional cash on cash: 7.19% Airbnb Rental Income: $1580 Traditional Rental Income: $2578 Airbnb ROI: 1.59% Traditional ROI: 7.19%
5568 Paw Paw Lake Rd Coloma, MI Two Modern Homes, One Extraordinary Property A Rare Dual-Home Retreat Near the Lake - Desi...	N/A beds \| N/A baths \| 2,600 sq.ft.	$847,000	Airbnb cash on cash: 0.01% Traditional cash on cash: 1.65% Airbnb Rental Income: $1737 Traditional Rental Income: $2555 Airbnb ROI: 0.01% Traditional ROI: 1.65%
6530 Paw Paw Ave Coloma, MI Kayak from your yard along Paw Paw River. Large windows overlooking patio and river. Great...	7 beds \| 4 baths \| 5,842 sq.ft.	$799,900	Airbnb cash on cash: 0.29% Traditional cash on cash: 2.82% Airbnb Rental Income: $1934 Traditional Rental Income: $3313 Airbnb ROI: 0.29% Traditional ROI: 2.82%
5358 Paw Paw Lake Rd Coloma, MI Welcome to Herons Nest Boutique Cottages next to beautiful Paw Paw Lake. This charming inv...	6 beds \| 6 baths \| 2,508 sq.ft.	$1,125,000	Airbnb cash on cash: 0.03% Traditional cash on cash: 3.77% Airbnb Rental Income: $1934 Traditional Rental Income: $5330 Airbnb ROI: 0.03% Traditional ROI: 3.77%
5036 Shoreview Dr Coloma, MI Incredible home in Yacht Club Point with ACCESS to beautiful Paw Paw Lake! This nearly 3,0...	4 beds \| 3 baths \| 2,754 sq.ft.	$589,000	Airbnb cash on cash: -0.15% Traditional cash on cash: 3.2% Airbnb Rental Income: $1737 Traditional Rental Income: $3105 Airbnb ROI: -0.15% Traditional ROI: 3.2%
4733 Shore Dr Coloma, MI This property offers spectacular waterfront living on SW Michigan's premier 900-acre Paw P...	4 beds \| 2 baths \| 2,000 sq.ft.	$779,000	Airbnb cash on cash: -0.77% Traditional cash on cash: 1.18% Airbnb Rental Income: $1737 Traditional Rental Income: $2674 Airbnb ROI: -0.77% Traditional ROI: 1.18%
5359 Riverside Dr Coloma, MI	3 beds \| 2 baths \| 2,916 sq.ft.	$495,000	Airbnb cash on cash: 0.96% Traditional cash on cash: 2.22% Airbnb Rental Income: $1580 Traditional Rental Income: $1710 Airbnb ROI: 0.96% Traditional ROI: 2.22%
5190 Pier Rd Coloma, MI Estate sale. Use your imagination on this well built brick ranch with 3 bedrooms and two ...	3 beds \| 2 baths \| 1,646 sq.ft.	$1,150,000	Airbnb cash on cash: -0.32% Traditional cash on cash: 0.37% Airbnb Rental Income: $1580 Traditional Rental Income: $1867 Airbnb ROI: -0.32% Traditional ROI: 0.37%
8004 Lakewood Dr Coloma, MI Discover the epitome of lakeside living at 8004 Lakewood Drive in beautiful Coloma, MI! Th...	2 beds \| 1 baths \| 1,306 sq.ft.	$299,900	Airbnb cash on cash: 2.01% Traditional cash on cash: 3.36% Airbnb Rental Income: $1519 Traditional Rental Income: $1460 Airbnb ROI: 2.01% Traditional ROI: 3.36%
3251 Friday Rd Coloma, MI Versatile and move-in ready, this 2-bedroom, 2-bath home offers comfort, updates, and uniq...	2 beds \| 1 baths \| 2,384 sq.ft.	$344,900	Airbnb cash on cash: 1.03% Traditional cash on cash: 5.44% Airbnb Rental Income: $1519 Traditional Rental Income: $2507 Airbnb ROI: 1.03% Traditional ROI: 5.44%
6027 Superior St Coloma, MI This SUPERB quality Lake Michigan Beach home was just completely remodeled from top to bot...	3 beds \| 1 baths \| 1,785 sq.ft.	$398,000	Airbnb cash on cash: 1.42% Traditional cash on cash: 4.13% Airbnb Rental Income: $1580 Traditional Rental Income: $2138 Airbnb ROI: 1.42% Traditional ROI: 4.13%
45284 Co Rd 703 Coloma, MI This 3 bed 2 bath ranch style home sits on a serene 20 acres and has an additional garage ...	3 beds \| 2 baths \| 1,680 sq.ft.	$544,900	Airbnb cash on cash: 0.62% Traditional cash on cash: 3.91% Airbnb Rental Income: $1580 Traditional Rental Income: $2800 Airbnb ROI: 0.62% Traditional ROI: 3.91%
6128 M 63 N Coloma, MI Turnkey Investment Near Lake Michigan! Unlock the potential of this proven income-producin...	7 beds \| N/A baths \| N/A	$535,000	Airbnb cash on cash: 0.13% Traditional cash on cash: 1% Airbnb Rental Income: $1580 Traditional Rental Income: $1561 Airbnb ROI: 0.13% Traditional ROI: 1%
6030 Paw Paw Lake Rd Coloma, MI Oh the views of Paw Paw Lake! This gem of a house was built across the street from the lak...	5 beds \| 3 baths \| 3,615 sq.ft.	$579,000	Airbnb cash on cash: 0.96% Traditional cash on cash: 5.8% Airbnb Rental Income: $1934 Traditional Rental Income: $4043 Airbnb ROI: 0.96% Traditional ROI: 5.8%
4051 Highview Path Coloma, MI 4051 Highview Path, Coloma, MI 49038 \| Other	N/A beds \| N/A baths \| N/A	$96,500	Airbnb cash on cash: N/A Traditional cash on cash: 5.22% Airbnb Rental Income: $null Traditional Rental Income: $818 Airbnb ROI: N/A Traditional ROI: 5.22%
43278 Whispering Pines Path #9 Coloma, MI 43278 Whispering Pines Path #9, Coloma, MI 49038 \| Other	N/A beds \| N/A baths \| N/A	$35,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.67% Airbnb Rental Income: $null Traditional Rental Income: $934 Airbnb ROI: N/A Traditional ROI: 10.67%
0 Mountain Rd Coloma, MI 0 Mountain Rd, Coloma, MI 49038 \| Other	N/A beds \| N/A baths \| N/A	$159,900	Airbnb cash on cash: N/A Traditional cash on cash: 0.48% Airbnb Rental Income: $null Traditional Rental Income: $550 Airbnb ROI: N/A Traditional ROI: 0.48%
5901 Carmody Rd Coloma, MI 5901 Carmody Rd, Coloma, MI 49038 \| Single Family Residential	4 beds \| 2 baths \| 2,584 sq.ft.	$475,000	Airbnb cash on cash: 0.09% Traditional cash on cash: 2.33% Airbnb Rental Income: $1737 Traditional Rental Income: $2253 Airbnb ROI: 0.09% Traditional ROI: 2.33%
5410 Country Aire Dr #14 Coloma, MI Experience effortless lake living at this beautiful 2-bedroom, 2-bathroom condo on Paw Paw...	2 beds \| 1 baths \| 905 sq.ft.	$300,000	Airbnb cash on cash: 0.1% Traditional cash on cash: 2.3% Airbnb Rental Income: $1519 Traditional Rental Income: $1699 Airbnb ROI: 0.1% Traditional ROI: 2.3%
5005 Shoreview Dr Coloma, MI	4 beds \| 3 baths \| 2,682 sq.ft.	$1,000,000	Airbnb cash on cash: -1.28% Traditional cash on cash: 0.38% Airbnb Rental Income: $1737 Traditional Rental Income: $2800 Airbnb ROI: -1.28% Traditional ROI: 0.38%
6278 Harrison St Coloma, MI Enjoy all that Southwest Michigan has to offer from this well-maintained 3-bedroom, 2-bath...	3 beds \| 2 baths \| 1,441 sq.ft.	$344,900	Airbnb cash on cash: 1.42% Traditional cash on cash: 3.79% Airbnb Rental Income: $1580 Traditional Rental Income: $1894 Airbnb ROI: 1.42% Traditional ROI: 3.79%
4936 Shoreview Dr Coloma, MI 4936 Shoreview Dr, Coloma, MI 49038 \| Single Family Residential	6 beds \| 3 baths \| 3,517 sq.ft.	$589,000	Airbnb cash on cash: -0.11% Traditional cash on cash: 2.44% Airbnb Rental Income: $1934 Traditional Rental Income: $2827 Airbnb ROI: -0.11% Traditional ROI: 2.44%
3459 Bessemer Rd Coloma, MI 3459 Bessemer Rd, Coloma, MI 49038 \| Other	N/A beds \| N/A baths \| N/A	$277,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.4% Airbnb Rental Income: $null Traditional Rental Income: $646 Airbnb ROI: N/A Traditional ROI: -0.4%
4080 Thar Rd Coloma, MI Imagine fishing, kayaking, or simply relaxing from your own private stretch of the Paw Paw...	3 beds \| 1 baths \| 2,448 sq.ft.	$599,000	Airbnb cash on cash: 0.49% Traditional cash on cash: 3.66% Airbnb Rental Income: $1580 Traditional Rental Income: $2903 Airbnb ROI: 0.49% Traditional ROI: 3.66%
5791 Beech St Coloma, MI Views, Views, Views!! Spacious home on picturesque Paw Paw Lake. Beautifully updated throu...	2 beds \| 3 baths \| 2,194 sq.ft.	$1,250,000	Airbnb cash on cash: -0.86% Traditional cash on cash: 0.15% Airbnb Rental Income: $1519 Traditional Rental Income: $2247 Airbnb ROI: -0.86% Traditional ROI: 0.15%
158 Wilson St Coloma, MI Don't miss! Welcome home to this spacious 4-bedroom, 2-bath home offering over 2,000 finis...	4 beds \| 2 baths \| 2,017 sq.ft.	$289,900	Airbnb cash on cash: 2% Traditional cash on cash: 5.78% Airbnb Rental Income: $1737 Traditional Rental Income: $2291 Airbnb ROI: 2% Traditional ROI: 5.78%
5497 Wilson St Coloma, MI Discover the perfect blend of country living and convenient lake access with this charming...	3 beds \| 2 baths \| 1,756 sq.ft.	$485,000	Airbnb cash on cash: 0.93% Traditional cash on cash: 2.83% Airbnb Rental Income: $1580 Traditional Rental Income: $1991 Airbnb ROI: 0.93% Traditional ROI: 2.83%
4830 Lakeside Ln Coloma, MI 4830 Lakeside Ln, Coloma, MI 49038 \| Single Family Residential	3 beds \| 4 baths \| 3,586 sq.ft.	$2,500,000	Airbnb cash on cash: -2.12% Traditional cash on cash: -1.26% Airbnb Rental Income: $1580 Traditional Rental Income: $3114 Airbnb ROI: -2.12% Traditional ROI: -1.26%
135 W St Joseph St Coloma, MI Unique Offering: Charming 2-bedroom, 1-bath single family residence with hardwood floors &...	2 beds \| 1 baths \| 884 sq.ft.	$568,000	Airbnb cash on cash: 0.46% Traditional cash on cash: 0.99% Airbnb Rental Income: $1519 Traditional Rental Income: $1356 Airbnb ROI: 0.46% Traditional ROI: 0.99%
6128 M 63 Coloma, MI 6128 M 63, Coloma, MI 49038 \| Multi Family	N/A beds \| N/A baths \| N/A	$535,000	Airbnb cash on cash: N/A Traditional cash on cash: -1.51% Airbnb Rental Income: $null Traditional Rental Income: $601 Airbnb ROI: N/A Traditional ROI: -1.51%
5760 Martin Rd Coloma, MI 5760 Martin Rd, Coloma, MI 49038 \| Single Family Residential	3 beds \| 1 baths \| 1,538 sq.ft.	$199,900	Airbnb cash on cash: 2.94% Traditional cash on cash: 4.4% Airbnb Rental Income: $1580 Traditional Rental Income: $1406 Airbnb ROI: 2.94% Traditional ROI: 4.4%
5742 Ontario St Coloma, MI 5742 Ontario St, Coloma, MI 49038 \| Other	N/A beds \| N/A baths \| N/A	$50,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.4% Airbnb Rental Income: $null Traditional Rental Income: $646 Airbnb ROI: N/A Traditional ROI: 8.4%
4739 Wil-o-paw Dr Coloma, MI 4739 Wil-o-paw Dr, Coloma, MI 49038 \| Manufactured Home	3 beds \| 2 baths \| 1,080 sq.ft.	$195,500	Airbnb cash on cash: 3.06% Traditional cash on cash: 5.35% Airbnb Rental Income: $1580 Traditional Rental Income: $1553 Airbnb ROI: 3.06% Traditional ROI: 5.35%
5974 Superior St Coloma, MI 5974 Superior St, Coloma, MI 49038 \| Single Family Residential	4 beds \| 1 baths \| 2,880 sq.ft.	$175,000	Airbnb cash on cash: 4.2% Traditional cash on cash: 6.38% Airbnb Rental Income: $1737 Traditional Rental Income: $1622 Airbnb ROI: 4.2% Traditional ROI: 6.38%
7830 Pear Coloma, MI 7830 Pear, Coloma, MI 49038 \| Single Family Residential	2 beds \| 1 baths \| 1,218 sq.ft.	$519,900	Airbnb cash on cash: -0.5% Traditional cash on cash: -0.42% Airbnb Rental Income: $1519 Traditional Rental Income: $1119 Airbnb ROI: -0.5% Traditional ROI: -0.42%
2986 W Thar Rd Coloma, MI 2986 W Thar Rd, Coloma, MI 49038 \| Single Family Residential	4 beds \| 1 baths \| 1,342 sq.ft.	$129,900	Airbnb cash on cash: 6.82% Traditional cash on cash: 8.37% Airbnb Rental Income: $1737 Traditional Rental Income: $1452 Airbnb ROI: 6.82% Traditional ROI: 8.37%
5939 Paw Paw Lake Rd Coloma, MI 5939 Paw Paw Lake Rd, Coloma, MI 49038 \| Single Family Residential	2 beds \| 2 baths \| 1,408 sq.ft.	$125,000	Airbnb cash on cash: 5.67% Traditional cash on cash: 10.04% Airbnb Rental Income: $1519 Traditional Rental Income: $1602 Airbnb ROI: 5.67% Traditional ROI: 10.04%

Real Estate investment in Coloma, MI

There are 49 properties for sale in the city of Coloma . The median list price in Coloma is $99,940 and the average price per square foot is $48. In August 2026, the average monthly cash on cash return in Coloma is 4.00%. The average monthly rental income in Coloma is $1,624.

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

There are 49 investment properties available for sale in Coloma.

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

The ROI for Long-Term is higher than the Short-Term in Coloma with average rental income of $1,624.

Your search for investment property begins and ends here

Investment Property for Sale in Coloma, MI

4289 Arrowwood

Coloma, MI

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

$299,000

Airbnb cash on cash: 1.15%

Traditional cash on cash: 4.99%

Airbnb Rental Income: $1580

Traditional Rental Income: $2209

Airbnb ROI: 1.15%

Traditional ROI: 4.99%

VL Broderick Rd

Coloma, MI

N/A beds | N/A baths | N/A

$89,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.43%

Airbnb Rental Income: $null

Traditional Rental Income: $789

Airbnb ROI: N/A

Traditional ROI: 5.43%

01 Greystone Ct

Coloma, MI

N/A beds | N/A baths | N/A

$95,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.12%

Airbnb Rental Income: $null

Traditional Rental Income: $798

Airbnb ROI: N/A

Traditional ROI: 5.12%

5564 Newton Ave

Coloma, MI

3 beds | 2 baths | 1,812 sq.ft.

$275,000

Airbnb cash on cash: 1.59%

Traditional cash on cash: 7.19%

Airbnb Rental Income: $1580

Traditional Rental Income: $2578

Airbnb ROI: 1.59%

Traditional ROI: 7.19%

5568 Paw Paw Lake Rd

Coloma, MI

N/A beds | N/A baths | 2,600 sq.ft.

$847,000

Airbnb cash on cash: 0.01%

Traditional cash on cash: 1.65%

Airbnb Rental Income: $1737

Traditional Rental Income: $2555

Airbnb ROI: 0.01%

Traditional ROI: 1.65%

6530 Paw Paw Ave

Coloma, MI

7 beds | 4 baths | 5,842 sq.ft.

$799,900

Airbnb cash on cash: 0.29%

Traditional cash on cash: 2.82%

Airbnb Rental Income: $1934

Traditional Rental Income: $3313

Airbnb ROI: 0.29%

Traditional ROI: 2.82%

5358 Paw Paw Lake Rd

Coloma, MI

6 beds | 6 baths | 2,508 sq.ft.

$1,125,000

Airbnb cash on cash: 0.03%

Traditional cash on cash: 3.77%

Airbnb Rental Income: $1934

Traditional Rental Income: $5330

Airbnb ROI: 0.03%

Traditional ROI: 3.77%

5036 Shoreview Dr

Coloma, MI

4 beds | 3 baths | 2,754 sq.ft.

$589,000

Airbnb cash on cash: -0.15%

Traditional cash on cash: 3.2%

Airbnb Rental Income: $1737

Traditional Rental Income: $3105

Airbnb ROI: -0.15%