Real Estate Investment Properties for Sale in Colon, MI

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
448 Long Lake Rd Colon, MI Welcome home to this lovely ranch offering 3 spacious bedrooms, and 2 full baths. Enjoy co...	3 beds \| 2 baths \| 1,800 sq.ft.	$200,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.67% Airbnb Rental Income: $null Traditional Rental Income: $1932 Airbnb ROI: N/A Traditional ROI: 7.67%
31688 Colon Rd Colon, MI Peaceful Country Retreat on 2 Acres with Dream Pool Oasis! Welcome to your quiet country e...	4 beds \| 2 baths \| 2,264 sq.ft.	$452,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.98% Airbnb Rental Income: $null Traditional Rental Income: $2910 Airbnb ROI: N/A Traditional ROI: 4.98%
30725 Orla Engle Rd Colon, MI Nicely updated 3 bedroom country home! Open concept kitchen / dining / living room. Fresh ...	3 beds \| 1 baths \| 1,644 sq.ft.	$350,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.51% Airbnb Rental Income: $null Traditional Rental Income: $2145 Airbnb ROI: N/A Traditional ROI: 4.51%
59178 Nora Dr Colon, MI Welcome to your dream home in the country. This spacious ranch style home offers the perfe...	3 beds \| 2 baths \| 2,082 sq.ft.	$240,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.11% Airbnb Rental Income: $null Traditional Rental Income: $2679 Airbnb ROI: N/A Traditional ROI: 10.11%
32205 James St Colon, MI Palmer Lake views and Deeded access. Sitting on 4 lots, this adorable 2 bedroom cabin has ...	2 beds \| 1 baths \| 864 sq.ft.	$199,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.14% Airbnb Rental Income: $null Traditional Rental Income: $1557 Airbnb ROI: N/A Traditional ROI: 6.14%
210 E South St Colon, MI Lake Home. This house is nestled in the small town of Colon on all sports Palmer Lake. Hou...	5 beds \| 2 baths \| 2,368 sq.ft.	$570,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.95% Airbnb Rental Income: $null Traditional Rental Income: $3120 Airbnb ROI: N/A Traditional ROI: 3.95%
917 Elm St Colon, MI All sports Palmer Lake! This home boasts stunning views, with large sunny windows looking ...	4 beds \| 3 baths \| 2,100 sq.ft.	$479,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.84% Airbnb Rental Income: $null Traditional Rental Income: $3546 Airbnb ROI: N/A Traditional ROI: 4.84%
161 Palmer Ave Colon, MI 3 Bedroom Home with main floor laundry. Furnace is two years old. Home has had many update...	3 beds \| 1 baths \| 1,036 sq.ft.	$173,500	Airbnb cash on cash: N/A Traditional cash on cash: 8.03% Airbnb Rental Income: $null Traditional Rental Income: $1773 Airbnb ROI: N/A Traditional ROI: 8.03%

Real Estate investment in Colon, MI

There are 10 properties for sale in the city of Colon . The median list price in Colon is $295,000 and the average price per square foot is $167. In January 2026, the average monthly cash on cash return in Colon is 6.00%. The average monthly rental income in Colon is $2,412.

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

There are 10 investment properties available for sale in Colon.

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

The ROI for Short-Term is higher than the Long-Term in Colon with average rental income of $N/A.

Your search for investment property begins and ends here

Investment Property for Sale in Colon, MI

448 Long Lake Rd

Colon, MI

3 beds | 2 baths | 1,800 sq.ft.

$200,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.67%

Airbnb Rental Income: $null

Traditional Rental Income: $1932

Airbnb ROI: N/A

Traditional ROI: 7.67%

31688 Colon Rd

Colon, MI

4 beds | 2 baths | 2,264 sq.ft.

$452,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.98%

Airbnb Rental Income: $null

Traditional Rental Income: $2910

Airbnb ROI: N/A

Traditional ROI: 4.98%

30725 Orla Engle Rd

Colon, MI

3 beds | 1 baths | 1,644 sq.ft.

$350,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.51%

Airbnb Rental Income: $null

Traditional Rental Income: $2145

Airbnb ROI: N/A

Traditional ROI: 4.51%

59178 Nora Dr

Colon, MI

3 beds | 2 baths | 2,082 sq.ft.

$240,000

Airbnb cash on cash: N/A

Traditional cash on cash: 10.11%

Airbnb Rental Income: $null

Traditional Rental Income: $2679

Airbnb ROI: N/A

Traditional ROI: 10.11%

32205 James St

Colon, MI

2 beds | 1 baths | 864 sq.ft.

$199,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.14%

Airbnb Rental Income: $null

Traditional Rental Income: $1557

Airbnb ROI: N/A

Traditional ROI: 6.14%

210 E South St

Colon, MI

5 beds | 2 baths | 2,368 sq.ft.

$570,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.95%

Airbnb Rental Income: $null

Traditional Rental Income: $3120

Airbnb ROI: N/A

Traditional ROI: 3.95%

917 Elm St

Colon, MI

4 beds | 3 baths | 2,100 sq.ft.

$479,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.84%

Airbnb Rental Income: $null

Traditional Rental Income: $3546

Airbnb ROI: N/A

Traditional ROI: 4.84%

161 Palmer Ave

Colon, MI

3 beds | 1 baths | 1,036 sq.ft.

$173,500

Airbnb cash on cash: N/A

Traditional cash on cash: 8.03%

Airbnb Rental Income: $null

Traditional Rental Income: $1773

Airbnb ROI: N/A