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
1121 Heights Dr Colon, MI Awesome lake front opportunity on All Sport Blossom Lake. 175ft of frontage, 1.61 Acres gi...	2 beds \| 1 baths \| 1,000 sq.ft.	$159,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.88% Airbnb Rental Income: $null Traditional Rental Income: $1123 Airbnb ROI: N/A Traditional ROI: 3.88%
448 Long Lake Road 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%
60651 Bert Rd Colon, MI Beautiful All Sports Long Lake, 3 bedrooms and 2 full bathrooms. Lake living for $109,900...	3 beds \| 2 baths \| 1,296 sq.ft.	$349,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.06% Airbnb Rental Income: $null Traditional Rental Income: $1882 Airbnb ROI: N/A Traditional ROI: 4.06%
58954 Lakeshore Dr Colon, MI Palmer Lake frontage! This charming 2 bedroom home offers 50 feet of lake frontage on beau...	2 beds \| 1 baths \| 576 sq.ft.	$180,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.14% Airbnb Rental Income: $null Traditional Rental Income: $1489 Airbnb ROI: N/A Traditional ROI: 6.14%
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.	$449,900	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%
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.	$449,000	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%
N Burr Oak Rd Colon, MI N Burr Oak Rd, Colon, MI 49040 \| Other	N/A beds \| N/A baths \| N/A	$389,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.41% Airbnb Rental Income: $null Traditional Rental Income: $866 Airbnb ROI: N/A Traditional ROI: -0.41%
622 Maple St Colon, MI Spacious 4-bedroom, 2-bath home with a 2-car garage, set on a desirable double lot just un...	4 beds \| 2 baths \| 2,346 sq.ft.	$189,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.56% Airbnb Rental Income: $null Traditional Rental Income: $1510 Airbnb ROI: N/A Traditional ROI: 5.56%

Real Estate investment in Colon, MI

There are 14 properties for sale in the city of Colon . The median list price in Colon is $200,000 and the average price per square foot is $121. In March 2026, the average monthly cash on cash return in Colon is 6.00%. The average monthly rental income in Colon is $1,773.

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

There are 14 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

1121 Heights Dr

Colon, MI

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

$159,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.88%

Airbnb Rental Income: $null

Traditional Rental Income: $1123

Airbnb ROI: N/A

Traditional ROI: 3.88%

448 Long Lake Road

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%

60651 Bert Rd

Colon, MI

3 beds | 2 baths | 1,296 sq.ft.

$349,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.06%

Airbnb Rental Income: $null

Traditional Rental Income: $1882

Airbnb ROI: N/A

Traditional ROI: 4.06%

58954 Lakeshore Dr

Colon, MI

2 beds | 1 baths | 576 sq.ft.

$180,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.14%

Airbnb Rental Income: $null

Traditional Rental Income: $1489

Airbnb ROI: N/A

Traditional ROI: 6.14%

31688 Colon Rd

Colon, MI

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

$449,900

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%

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