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
7243 Sylvester Street Coloma, MI Beautifully Renovated Home Near Little Paw Paw Lake! Just two blocks from the sandy beach ...	2 beds \| 1 baths \| 728 sq.ft.	$160,000	Airbnb cash on cash: 5% Traditional cash on cash: 7.44% Airbnb Rental Income: $1555 Traditional Rental Income: $1479 Airbnb ROI: 5% Traditional ROI: 7.44%
5497 Becht Road Coloma, MI Spectacular 2,400 sq. ft. ranch on 1.35 acres just outside downtown Coloma! Enjoy true sin...	3 beds \| 2 baths \| 2,387 sq.ft.	$372,500	Airbnb cash on cash: 0.26% Traditional cash on cash: 2.29% Airbnb Rental Income: $1204 Traditional Rental Income: $1521 Airbnb ROI: 0.26% Traditional ROI: 2.29%
6950 Shore Drive Coloma, MI Look! Paw Paw Lake. Beautifully updated waterfront property. Enjoy the gorgeous renovated ...	2 beds \| N/A baths \| 1,304 sq.ft.	$599,000	Airbnb cash on cash: -0.21% Traditional cash on cash: 1.84% Airbnb Rental Income: $1555 Traditional Rental Income: $2253 Airbnb ROI: -0.21% Traditional ROI: 1.84%
189 Banks Street Coloma, MI Affordable charm meets ideal location! This adorable 3-bedroom, 1-bath Coloma home is the ...	3 beds \| 1 baths \| 1,497 sq.ft.	$174,900	Airbnb cash on cash: 2.35% Traditional cash on cash: 7.63% Airbnb Rental Income: $1204 Traditional Rental Income: $1693 Airbnb ROI: 2.35% Traditional ROI: 7.63%
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: 0.09% Traditional cash on cash: 1.65% Airbnb Rental Income: $1816 Traditional Rental Income: $2555 Airbnb ROI: 0.09% Traditional ROI: 1.65%
3481 Dearborn Place Coloma, MI Charming Updated Bungalow with expansion potential near Lake Michigan! Bright and beautifu...	3 beds \| 1 baths \| 1,000 sq.ft.	$248,000	Airbnb cash on cash: 1.25% Traditional cash on cash: 4.33% Airbnb Rental Income: $1204 Traditional Rental Income: $1537 Airbnb ROI: 1.25% Traditional ROI: 4.33%
80150 46th Avenue Coloma, MI Modern comfort meets country charm. This beautuifully updated 3bedroom 2 bath ranch offers...	3 beds \| 2 baths \| 1,445 sq.ft.	$317,000	Airbnb cash on cash: -0.25% Traditional cash on cash: 4.21% Airbnb Rental Income: $1204 Traditional Rental Income: $2145 Airbnb ROI: -0.25% Traditional ROI: 4.21%
6165 N Shore Drive Coloma, MI Nearly everything is new in this beautifully updated 3-bedroom, 1-bathroom home-roof, LP S...	3 beds \| 1 baths \| 1,350 sq.ft.	$249,000	Airbnb cash on cash: 1.53% Traditional cash on cash: 4.78% Airbnb Rental Income: $1204 Traditional Rental Income: $1578 Airbnb ROI: 1.53% Traditional ROI: 4.78%
5505 Lakewood Drive Coloma, MI Lakefront on Paw Paw! This 4-bed, 2.5-bath home offers 40 feet of direct frontage on one o...	4 beds \| 2 baths \| 2,306 sq.ft.	$691,000	Airbnb cash on cash: 0.58% Traditional cash on cash: 4.02% Airbnb Rental Income: $1816 Traditional Rental Income: $3541 Airbnb ROI: 0.58% Traditional ROI: 4.02%
7881 Lakewood Drive Coloma, MI Lakefront Living at Its Finest - 80 Feet of Prime Waterfront! Welcome to your dream retrea...	4 beds \| 5 baths \| 4,253 sq.ft.	$3,200,000	Airbnb cash on cash: -0.83% Traditional cash on cash: 1.39% Airbnb Rental Income: $1816 Traditional Rental Income: $7916 Airbnb ROI: -0.83% Traditional ROI: 1.39%
45284 Co Rd 703 Coloma, MI Your private retreat awaits! This one-owner ranch-style home sits on a serene 20-acre parc...	4 beds \| 3 baths \| 2,332 sq.ft.	$599,900	Airbnb cash on cash: 0.83% Traditional cash on cash: 3.46% Airbnb Rental Income: $1816 Traditional Rental Income: $2800 Airbnb ROI: 0.83% Traditional ROI: 3.46%
6128 M-63 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: 1.17% Traditional cash on cash: 1% Airbnb Rental Income: $2204 Traditional Rental Income: $1561 Airbnb ROI: 1.17% Traditional ROI: 1%
6754 Paw Paw Avenue Coloma, MI 3 bedroom, 2 bathroom manufactured home. Added value that this property is one of very few...	3 beds \| 2 baths \| 1,254 sq.ft.	$239,500	Airbnb cash on cash: 1.32% Traditional cash on cash: 6.38% Airbnb Rental Income: $1204 Traditional Rental Income: $1959 Airbnb ROI: 1.32% Traditional ROI: 6.38%
5544 Wendzel Drive Coloma, MI Welcome to this beautifully maintained 3 bedroom, 2 bathroom ranch home located in the hea...	3 beds \| 2 baths \| 2,300 sq.ft.	$199,900	Airbnb cash on cash: 1.27% Traditional cash on cash: 10.51% Airbnb Rental Income: $1204 Traditional Rental Income: $2567 Airbnb ROI: 1.27% Traditional ROI: 10.51%
6030 Paw Paw Lake Road Coloma, MI Oh the views of Paw Paw Lake! This gem of a house was built across the street from the lak...	5 beds \| N/A baths \| 3,615 sq.ft.	$589,000	Airbnb cash on cash: 1.33% Traditional cash on cash: 5.69% Airbnb Rental Income: $2204 Traditional Rental Income: $4043 Airbnb ROI: 1.33% Traditional ROI: 5.69%
236 E St Joseph Coloma, MI Welcome to 236 E St Joseph Ave - Your Coloma Retreat Awaits! This charming 3-bedroom, 2-ba...	3 beds \| 2 baths \| 1,848 sq.ft.	$309,000	Airbnb cash on cash: 0.22% Traditional cash on cash: 5.36% Airbnb Rental Income: $1204 Traditional Rental Income: $2307 Airbnb ROI: 0.22% Traditional ROI: 5.36%
7574 Little Paw Paw Lake Road Coloma, MI Welcome to this beautifully maintained ranch-style home nestled in a peaceful neighborhood...	3 beds \| 2 baths \| 1,500 sq.ft.	$259,900	Airbnb cash on cash: 1.08% Traditional cash on cash: 6.85% Airbnb Rental Income: $1204 Traditional Rental Income: $2229 Airbnb ROI: 1.08% Traditional ROI: 6.85%
82078 North Court Coloma, MI Near the shore of Lake Michigan, this home is in an ideal location between South Haven & S...	2 beds \| 1 baths \| 839 sq.ft.	$145,500	Airbnb cash on cash: 5.88% Traditional cash on cash: 7.21% Airbnb Rental Income: $1555 Traditional Rental Income: $1292 Airbnb ROI: 5.88% Traditional ROI: 7.21%
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.	$850,000	Airbnb cash on cash: -0.66% Traditional cash on cash: 0.85% Airbnb Rental Income: $1164 Traditional Rental Income: $1973 Airbnb ROI: -0.66% Traditional ROI: 0.85%
5324 Becht Road Coloma, MI Immaculately maintained, 4-bedroom, w/possibility for 5th, 2-bath home nestled on nearly 2...	4 beds \| 2 baths \| 2,332 sq.ft.	$359,000	Airbnb cash on cash: 1.83% Traditional cash on cash: 5.65% Airbnb Rental Income: $1816 Traditional Rental Income: $2611 Airbnb ROI: 1.83% Traditional ROI: 5.65%
7781 W Hagar Shore Road Coloma, MI 20 ACRES in the country!! Private setting. 4-bedroom home with front porch & back porch. B...	4 beds \| 2 baths \| 1,480 sq.ft.	$350,000	Airbnb cash on cash: 1.9% Traditional cash on cash: 2.63% Airbnb Rental Income: $1816 Traditional Rental Income: $1563 Airbnb ROI: 1.9% Traditional ROI: 2.63%

Real Estate investment in Coloma, MI

There are 21 properties for sale in the city of Coloma . The median list price in Coloma is $333,500 and the average price per square foot is $176. In December 2025, the average monthly cash on cash return in Coloma is 4.00%. The average monthly rental income in Coloma is $1,973.

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

There are 21 investment properties available for sale in Coloma.

In 2025, 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 $1,973.

Your search for investment property begins and ends here

Investment Property for Sale in Coloma, MI

7243 Sylvester Street

Coloma, MI

2 beds | 1 baths | 728 sq.ft.

$160,000

Airbnb cash on cash: 5%

Traditional cash on cash: 7.44%

Airbnb Rental Income: $1555

Traditional Rental Income: $1479

Airbnb ROI: 5%

Traditional ROI: 7.44%

5497 Becht Road

Coloma, MI

3 beds | 2 baths | 2,387 sq.ft.

$372,500

Airbnb cash on cash: 0.26%

Traditional cash on cash: 2.29%

Airbnb Rental Income: $1204

Traditional Rental Income: $1521

Airbnb ROI: 0.26%

Traditional ROI: 2.29%

6950 Shore Drive

Coloma, MI

2 beds | N/A baths | 1,304 sq.ft.

$599,000

Airbnb cash on cash: -0.21%

Traditional cash on cash: 1.84%

Airbnb Rental Income: $1555

Traditional Rental Income: $2253

Airbnb ROI: -0.21%

Traditional ROI: 1.84%

189 Banks Street

Coloma, MI

3 beds | 1 baths | 1,497 sq.ft.

$174,900

Airbnb cash on cash: 2.35%

Traditional cash on cash: 7.63%

Airbnb Rental Income: $1204

Traditional Rental Income: $1693

Airbnb ROI: 2.35%

Traditional ROI: 7.63%

5568 Paw Paw Lake Road

Coloma, MI

4 beds | N/A baths | N/A

$847,000

Airbnb cash on cash: 0.09%

Traditional cash on cash: 1.65%

Airbnb Rental Income: $1816

Traditional Rental Income: $2555

Airbnb ROI: 0.09%

Traditional ROI: 1.65%

3481 Dearborn Place

Coloma, MI

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

$248,000

Airbnb cash on cash: 1.25%

Traditional cash on cash: 4.33%

Airbnb Rental Income: $1204

Traditional Rental Income: $1537

Airbnb ROI: 1.25%

Traditional ROI: 4.33%

80150 46th Avenue

Coloma, MI

3 beds | 2 baths | 1,445 sq.ft.

$317,000

Airbnb cash on cash: -0.25%

Traditional cash on cash: 4.21%

Airbnb Rental Income: $1204

Traditional Rental Income: $2145

Airbnb ROI: -0.25%

Traditional ROI: 4.21%

6165 N Shore Drive

Coloma, MI

3 beds | 1 baths | 1,350 sq.ft.

$249,000

Airbnb cash on cash: 1.53%

Traditional cash on cash: 4.78%

Airbnb Rental Income: $1204

Traditional Rental Income: $1578

Airbnb ROI: 1.53%