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
5564 Newton Avenue 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 \| 3 baths \| 1,812 sq.ft.	$298,000	Airbnb cash on cash: 0.42% Traditional cash on cash: 6.57% Airbnb Rental Income: $1250 Traditional Rental Income: $2578 Airbnb ROI: 0.42% Traditional ROI: 6.57%
189 Banks Street Coloma, MI Move-in ready and recently updated! This 4 bedroom, 1 bathroom home features numerous impr...	4 beds \| 1 baths \| 1,509 sq.ft.	$234,900	Airbnb cash on cash: 4.3% Traditional cash on cash: 4.83% Airbnb Rental Income: $2119 Traditional Rental Income: $1693 Airbnb ROI: 4.3% Traditional ROI: 4.83%
5568 Paw Paw Lake Road Coloma, MI Two Modern Homes, One Extraordinary Property A Rare Dual-Home Retreat Near the Lake - Desi...	4 beds \| N/A baths \| N/A	$847,000	Airbnb cash on cash: 0.41% Traditional cash on cash: 1.65% Airbnb Rental Income: $2119 Traditional Rental Income: $2555 Airbnb ROI: 0.41% Traditional ROI: 1.65%
5036 Shoreview Drive 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.	$674,900	Airbnb cash on cash: 0.24% Traditional cash on cash: 2.67% Airbnb Rental Income: $2119 Traditional Rental Income: $3105 Airbnb ROI: 0.24% Traditional ROI: 2.67%
3251 Friday Road Coloma, MI Versatile and move-in ready, this 2-bedroom, 2-bath home offers comfort, updates, and uniq...	2 beds \| 2 baths \| 2,384 sq.ft.	$349,900	Airbnb cash on cash: 0.14% Traditional cash on cash: 5.35% Airbnb Rental Income: $1180 Traditional Rental Income: $2507 Airbnb ROI: 0.14% Traditional ROI: 5.35%
7881 Lakewood Drive Coloma, MI Spectacular 4br/4ba waterfront home on 85' of Paw Paw Lake frontage! This beautifully desi...	4 beds \| 5 baths \| 4,253 sq.ft.	$2,650,000	Airbnb cash on cash: -0.69% Traditional cash on cash: 1.89% Airbnb Rental Income: $2119 Traditional Rental Income: $7916 Airbnb ROI: -0.69% Traditional ROI: 1.89%
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.	$599,900	Airbnb cash on cash: -0.02% Traditional cash on cash: 3.46% Airbnb Rental Income: $1250 Traditional Rental Income: $2800 Airbnb ROI: -0.02% Traditional ROI: 3.46%
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: 1.08% Traditional cash on cash: 0.92% Airbnb Rental Income: $2193 Traditional Rental Income: $1561 Airbnb ROI: 1.08% Traditional ROI: 0.92%
7039 Curtis Drive Coloma, MI Opportunity knocks with this well-cared-for brick duplex offering flexibility for living, ...	4 beds \| N/A baths \| N/A	$249,995	Airbnb cash on cash: 4.08% Traditional cash on cash: 4.31% Airbnb Rental Income: $2119 Traditional Rental Income: $1630 Airbnb ROI: 4.08% Traditional ROI: 4.31%
5251 Paw Paw Lake Road #16 Coloma, MI Good morning, sunshine! Enjoy breathtaking sunrise views from this spacious four-bedroom, ...	4 beds \| 3 baths \| 1,923 sq.ft.	$575,000	Airbnb cash on cash: -0.21% Traditional cash on cash: 2.85% Airbnb Rental Income: $2119 Traditional Rental Income: $3219 Airbnb ROI: -0.21% Traditional ROI: 2.85%
5363 Paw Paw Lake Road Coloma, MI Experience the pinnacle of lakefront luxury on Southwest Michigan's premier 900-acre lake....	5 beds \| 4 baths \| 3,764 sq.ft.	$2,499,000	Airbnb cash on cash: -1.29% Traditional cash on cash: -0.03% Airbnb Rental Income: $2193 Traditional Rental Income: $4546 Airbnb ROI: -1.29% Traditional ROI: -0.03%
6783 Red Arrow Highway Coloma, MI Three bedroom, 2 bath, traditional brick ranch on just over an acre in Coloma Township!! G...	3 beds \| 2 baths \| 1,526 sq.ft.	$260,000	Airbnb cash on cash: 0.85% Traditional cash on cash: 7.38% Airbnb Rental Income: $1250 Traditional Rental Income: $2456 Airbnb ROI: 0.85% Traditional ROI: 7.38%
6446 Harrison Street Coloma, MI Charming 2BR/1BA Wooded Cottage Retreat Near Lake Michigan. Escape to your own private san...	2 beds \| 1 baths \| 1,116 sq.ft.	$219,900	Airbnb cash on cash: 1.72% Traditional cash on cash: 3.32% Airbnb Rental Income: $1180 Traditional Rental Income: $1128 Airbnb ROI: 1.72% Traditional ROI: 3.32%
7030 N Maple Drive Coloma, MI Over 3,000 square feet of living space on the Paw Paw Lake channel! If outdoor living spac...	4 beds \| 3 baths \| 3,340 sq.ft.	$809,500	Airbnb cash on cash: -0.09% Traditional cash on cash: 4.03% Airbnb Rental Income: $2119 Traditional Rental Income: $4684 Airbnb ROI: -0.09% Traditional ROI: 4.03%
78720 County Road 376 Coloma, MI Discover this exceptional barndominium nestled on 50 breathtaking acres that border protec...	1 beds \| 2 baths \| 3,309 sq.ft.	$650,000	Airbnb cash on cash: -0.81% Traditional cash on cash: 1.41% Airbnb Rental Income: $982 Traditional Rental Income: $1973 Airbnb ROI: -0.81% Traditional ROI: 1.41%
7896 Central Avenue Coloma, MI Welcome to an exceptional chance to own a versatile duplex just steps away from beautiful ...	4 beds \| N/A baths \| N/A	$268,900	Airbnb cash on cash: 3.59% Traditional cash on cash: 6.58% Airbnb Rental Income: $2119 Traditional Rental Income: $2334 Airbnb ROI: 3.59% Traditional ROI: 6.58%
5615 Benson Terrace Coloma, MI Wake up to breathtaking sunrise views and experience the best of Southwest Michigan lake l...	3 beds \| N/A baths \| 1,020 sq.ft.	$810,000	Airbnb cash on cash: -1.87% Traditional cash on cash: -0.77% Airbnb Rental Income: $1250 Traditional Rental Income: $1684 Airbnb ROI: -1.87% Traditional ROI: -0.77%
5646 M 63 N Coloma, MI Nestled among towering hardwoods on Southwest Michigan's coveted shoreline, this completel...	4 beds \| 4 baths \| 2,972 sq.ft.	$1,975,000	Airbnb cash on cash: -0.62% Traditional cash on cash: -0.61% Airbnb Rental Income: $2119 Traditional Rental Income: $1583 Airbnb ROI: -0.62% Traditional ROI: -0.61%

Real Estate investment in Coloma, MI

There are 26 properties for sale in the city of Coloma . The median list price in Coloma is $442,450 and the average price per square foot is $219. In May 2026, the average monthly cash on cash return in Coloma is 3.00%. The average monthly rental income in Coloma is $1,973.

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

There are 26 investment properties available for sale in Coloma.

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

The ROI for Short-Term is higher than the Long-Term in Coloma with average rental income of $1,250.

Your search for investment property begins and ends here

Investment Property for Sale in Coloma, MI

5564 Newton Avenue

Coloma, MI

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

$298,000

Airbnb cash on cash: 0.42%

Traditional cash on cash: 6.57%

Airbnb Rental Income: $1250

Traditional Rental Income: $2578

Airbnb ROI: 0.42%

Traditional ROI: 6.57%

189 Banks Street

Coloma, MI

4 beds | 1 baths | 1,509 sq.ft.

$234,900

Airbnb cash on cash: 4.3%

Traditional cash on cash: 4.83%

Airbnb Rental Income: $2119

Traditional Rental Income: $1693

Airbnb ROI: 4.3%

Traditional ROI: 4.83%

5568 Paw Paw Lake Road

Coloma, MI

4 beds | N/A baths | N/A

$847,000

Airbnb cash on cash: 0.41%

Traditional cash on cash: 1.65%

Airbnb Rental Income: $2119

Traditional Rental Income: $2555

Airbnb ROI: 0.41%

Traditional ROI: 1.65%

5036 Shoreview Drive

Coloma, MI

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

$674,900

Airbnb cash on cash: 0.24%

Traditional cash on cash: 2.67%

Airbnb Rental Income: $2119

Traditional Rental Income: $3105

Airbnb ROI: 0.24%

Traditional ROI: 2.67%

3251 Friday Road

Coloma, MI

2 beds | 2 baths | 2,384 sq.ft.

$349,900

Airbnb cash on cash: 0.14%

Traditional cash on cash: 5.35%

Airbnb Rental Income: $1180

Traditional Rental Income: $2507

Airbnb ROI: 0.14%

Traditional ROI: 5.35%

7881 Lakewood Drive

Coloma, MI

4 beds | 5 baths | 4,253 sq.ft.

$2,650,000

Airbnb cash on cash: -0.69%

Traditional cash on cash: 1.89%

Airbnb Rental Income: $2119

Traditional Rental Income: $7916

Airbnb ROI: -0.69%

Traditional ROI: 1.89%

45284 Co Rd 703

Coloma, MI

3 beds | 2 baths | 1,680 sq.ft.

$599,900

Airbnb cash on cash: -0.02%

Traditional cash on cash: 3.46%

Airbnb Rental Income: $1250

Traditional Rental Income: $2800

Airbnb ROI: -0.02%

Traditional ROI: 3.46%

6128 M 63 N

Coloma, MI

7 beds | N/A baths | N/A

$535,000

Airbnb cash on cash: 1.08%

Traditional cash on cash: 0.92%

Airbnb Rental Income: $2193

Traditional Rental Income: $1561

Airbnb ROI: 1.08%