Real Estate Investment Properties for Sale in Decatur, MI

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
46726 Prospect Dr Decatur, MI LIST PRICE JUST REDUCED FOR IMMEDIATE SALE!! THE BEST VIEW ON LAKE OF THE WOODS! OWNER SAY...	3 beds \| 2 baths \| 2,266 sq.ft.	$669,000	Airbnb cash on cash: 0.8% Traditional cash on cash: 1.95% Airbnb Rental Income: $2381 Traditional Rental Income: $2512 Airbnb ROI: 0.8% Traditional ROI: 1.95%
48989 92nd Ave Decatur, MI One of those homes that say, "WOW"! Country setting at its best. This Ranch style home off...	3 beds \| 2 baths \| 1,620 sq.ft.	$499,000	Airbnb cash on cash: 2.19% Traditional cash on cash: 3.36% Airbnb Rental Income: $2381 Traditional Rental Income: $2340 Airbnb ROI: 2.19% Traditional ROI: 3.36%
83362 Fritz Dr Decatur, MI Peaceful and Cozy Lake of the Woods water front home that is priced to sell in today's fas...	3 beds \| 1 baths \| 1,236 sq.ft.	$410,000	Airbnb cash on cash: 2.52% Traditional cash on cash: 2.31% Airbnb Rental Income: $2381 Traditional Rental Income: $1716 Airbnb ROI: 2.52% Traditional ROI: 2.31%
88320 Old Swamp Rd Decatur, MI Home on 14 Acres with in-ground pool! Have you been looking for a place in the country? If...	3 beds \| 1 baths \| 1,484 sq.ft.	$210,000	Airbnb cash on cash: 6.95% Traditional cash on cash: 6.84% Airbnb Rental Income: $2381 Traditional Rental Income: $1773 Airbnb ROI: 6.95% Traditional ROI: 6.84%
81611 White Oak Dr Decatur, MI Instant Equity! Welcome to our expansive property, encompassing over half an acre in a se...	4 beds \| 2 baths \| 2,100 sq.ft.	$229,999	Airbnb cash on cash: 8.91% Traditional cash on cash: 8.92% Airbnb Rental Income: $3379 Traditional Rental Income: $2629 Airbnb ROI: 8.91% Traditional ROI: 8.92%
59379 Territorial Rd Decatur, MI What an amazing opportunity to own this lovely 4 bedroom, 3 full bath home in the country!...	4 beds \| 3 baths \| 2,638 sq.ft.	$326,900	Airbnb cash on cash: 5.83% Traditional cash on cash: 7.44% Airbnb Rental Income: $3379 Traditional Rental Income: $3123 Airbnb ROI: 5.83% Traditional ROI: 7.44%
310 N John St Decatur, MI 310 N John St, Decatur -- Charming 2-bed, 1-bath home on a peaceful, just-over-1/4-acre lo...	2 beds \| 1 baths \| 964 sq.ft.	$174,900	Airbnb cash on cash: 6.99% Traditional cash on cash: 6.4% Airbnb Rental Income: $2104 Traditional Rental Income: $1466 Airbnb ROI: 6.99% Traditional ROI: 6.4%
401 W Saint Marys St Decatur, MI Move-in-ready ranch at the edge of Decatur! This charming 2 bed, 1 bath home offers easy s...	2 beds \| 1 baths \| 1,272 sq.ft.	$179,500	Airbnb cash on cash: 5.49% Traditional cash on cash: 6.48% Airbnb Rental Income: $2104 Traditional Rental Income: $1734 Airbnb ROI: 5.49% Traditional ROI: 6.48%
94760 40th St Decatur, MI Looking for ONE OF A KIND...here it is!!! This home is perfect whether you're searching fo...	3 beds \| 4 baths \| 5,714 sq.ft.	$625,900	Airbnb cash on cash: 1.21% Traditional cash on cash: 3.36% Airbnb Rental Income: $2381 Traditional Rental Income: $3051 Airbnb ROI: 1.21% Traditional ROI: 3.36%
84242 42nd St Decatur, MI Recently remodeled home. Main floor living Sellers are selling property in AS is conditi...	2 beds \| 1 baths \| 768 sq.ft.	$125,000	Airbnb cash on cash: 9.92% Traditional cash on cash: 8.77% Airbnb Rental Income: $2104 Traditional Rental Income: $1426 Airbnb ROI: 9.92% Traditional ROI: 8.77%
86640 60th St Decatur, MI Southwest Michigan - Waterfront Keeler Lake Home - Sister Lakes area. 100' of sandy-bottom...	5 beds \| 4 baths \| 3,516 sq.ft.	$789,000	Airbnb cash on cash: 2.08% Traditional cash on cash: 2.66% Airbnb Rental Income: $3948 Traditional Rental Income: $3529 Airbnb ROI: 2.08% Traditional ROI: 2.66%
TBD Greenbriar Ter Decatur, MI TBD Greenbriar Ter, Decatur, MI 49045 \| Other	N/A beds \| N/A baths \| N/A	$499,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.77% Airbnb Rental Income: $null Traditional Rental Income: $912 Airbnb ROI: N/A Traditional ROI: -0.77%
VL CR 352 Decatur, MI VL CR 352, Decatur, MI 49045 \| Other	N/A beds \| N/A baths \| N/A	$449,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.58% Airbnb Rental Income: $null Traditional Rental Income: $912 Airbnb ROI: N/A Traditional ROI: -0.58%
60779 W Oak Dr Decatur, MI Welcome to all-sports Keeler Lake! This charming waterfront retreat offers 60 feet of sand...	4 beds \| 2 baths \| 1,613 sq.ft.	$460,000	Airbnb cash on cash: 3.56% Traditional cash on cash: 3.77% Airbnb Rental Income: $3379 Traditional Rental Income: $2715 Airbnb ROI: 3.56% Traditional ROI: 3.77%
140 Meadowwood Ct Decatur, MI One of the most iconic Lakefront homes on Lake of the Woods in Decatur is now available. D...	4 beds \| 5 baths \| 4,239 sq.ft.	$798,000	Airbnb cash on cash: 1.34% Traditional cash on cash: 5.8% Airbnb Rental Income: $3379 Traditional Rental Income: $5939 Airbnb ROI: 1.34% Traditional ROI: 5.8%
84133 42nd St Decatur, MI 84133 42nd St, Decatur, MI 49045 \| Other	2 beds \| N/A baths \| N/A	$125,000	Airbnb cash on cash: 9.72% Traditional cash on cash: 4.39% Airbnb Rental Income: $2104 Traditional Rental Income: $922 Airbnb ROI: 9.72% Traditional ROI: 4.39%
VL-C 42nd St Decatur, MI VL-C 42nd St, Decatur, MI 49045 \| Other	N/A beds \| N/A baths \| N/A	$84,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.47% Airbnb Rental Income: $null Traditional Rental Income: $922 Airbnb ROI: N/A Traditional ROI: 7.47%
40516 County Road 669 Decatur, MI 40516 County Road 669, Decatur, MI 49045 \| Single Family Residential	4 beds \| 2 baths \| 2,088 sq.ft.	$249,900	Airbnb cash on cash: 8.22% Traditional cash on cash: 8.02% Airbnb Rental Income: $3379 Traditional Rental Income: $2581 Airbnb ROI: 8.22% Traditional ROI: 8.02%
41169 County Road 669 Decatur, MI 41169 County Road 669, Decatur, MI 49045 \| Single Family Residential	5 beds \| 2 baths \| 3,432 sq.ft.	$399,900	Airbnb cash on cash: 5.5% Traditional cash on cash: 4.33% Airbnb Rental Income: $3948 Traditional Rental Income: $2662 Airbnb ROI: 5.5% Traditional ROI: 4.33%
205 E St Marys St Decatur, MI 205 E St Marys St, Decatur, MI 49045 \| Single Family Residential	3 beds \| 1 baths \| 1,439 sq.ft.	$155,000	Airbnb cash on cash: 8.98% Traditional cash on cash: 8.91% Airbnb Rental Income: $2381 Traditional Rental Income: $1785 Airbnb ROI: 8.98% Traditional ROI: 8.91%
47498 84th Ave Decatur, MI 47498 84th Ave, Decatur, MI 49045 \| Single Family Residential	3 beds \| 2 baths \| 1,760 sq.ft.	$589,000	Airbnb cash on cash: 0.57% Traditional cash on cash: 1.79% Airbnb Rental Income: $2381 Traditional Rental Income: $2470 Airbnb ROI: 0.57% Traditional ROI: 1.79%
42910 Evergreen Park Dr Decatur, MI 42910 Evergreen Park Dr, Decatur, MI 49045 \| Single Family Residential	4 beds \| 3 baths \| 3,012 sq.ft.	$249,900	Airbnb cash on cash: 8.22% Traditional cash on cash: 11.34% Airbnb Rental Income: $3379 Traditional Rental Income: $3365 Airbnb ROI: 8.22% Traditional ROI: 11.34%
217 E Edgar Bergen Blvd Decatur, MI 217 E Edgar Bergen Blvd, Decatur, MI 49045 \| Single Family Residential	3 beds \| 2 baths \| 1,627 sq.ft.	$249,900	Airbnb cash on cash: 4.69% Traditional cash on cash: 6.83% Airbnb Rental Income: $2381 Traditional Rental Income: $2299 Airbnb ROI: 4.69% Traditional ROI: 6.83%
88375 Cr-668 Decatur, MI 88375 Cr-668, Decatur, MI 49045 \| Other	N/A beds \| N/A baths \| N/A	$172,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.8% Airbnb Rental Income: $null Traditional Rental Income: $968 Airbnb ROI: N/A Traditional ROI: 2.8%
35545 County Road 669 Decatur, MI 35545 County Road 669, Decatur, MI 49045 \| Single Family Residential	4 beds \| 2 baths \| 1,823 sq.ft.	$275,000	Airbnb cash on cash: 7.25% Traditional cash on cash: 6.72% Airbnb Rental Income: $3379 Traditional Rental Income: $2488 Airbnb ROI: 7.25% Traditional ROI: 6.72%
90590 County Road 215 Decatur, MI 90590 County Road 215, Decatur, MI 49045 \| Single Family Residential	4 beds \| 3 baths \| 2,700 sq.ft.	$525,000	Airbnb cash on cash: 2.64% Traditional cash on cash: 3.87% Airbnb Rental Income: $3379 Traditional Rental Income: $3234 Airbnb ROI: 2.64% Traditional ROI: 3.87%
308 N Phelps St Decatur, MI 308 N Phelps St, Decatur, MI 49045 \| Single Family Residential	3 beds \| 2 baths \| 2,220 sq.ft.	$229,000	Airbnb cash on cash: 5.34% Traditional cash on cash: 8.5% Airbnb Rental Income: $2381 Traditional Rental Income: $2480 Airbnb ROI: 5.34% Traditional ROI: 8.5%
102 E Beers St Decatur, MI 102 E Beers St, Decatur, MI 49045 \| Single Family Residential	3 beds \| 1 baths \| 1,350 sq.ft.	$199,900	Airbnb cash on cash: 6.45% Traditional cash on cash: 6.49% Airbnb Rental Income: $2381 Traditional Rental Income: $1802 Airbnb ROI: 6.45% Traditional ROI: 6.49%
415 Douglas Dr Decatur, MI 415 Douglas Dr, Decatur, MI 49045 \| Single Family Residential	3 beds \| 2 baths \| 1,580 sq.ft.	$285,000	Airbnb cash on cash: 3.82% Traditional cash on cash: 5.54% Airbnb Rental Income: $2381 Traditional Rental Income: $2257 Airbnb ROI: 3.82% Traditional ROI: 5.54%
00 Lakeview Dr Decatur, MI 00 Lakeview Dr, Decatur, MI 49045 \| Other	N/A beds \| N/A baths \| N/A	$220,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.57% Airbnb Rental Income: $null Traditional Rental Income: $944 Airbnb ROI: N/A Traditional ROI: 1.57%
40 62nd St Decatur, MI 40 62nd St, Decatur, MI 49045 \| Other	N/A beds \| N/A baths \| N/A	$139,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.83% Airbnb Rental Income: $null Traditional Rental Income: $944 Airbnb ROI: N/A Traditional ROI: 3.83%
30 62nd St Decatur, MI 30 62nd St, Decatur, MI 49045 \| Other	N/A beds \| N/A baths \| N/A	$159,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.06% Airbnb Rental Income: $null Traditional Rental Income: $944 Airbnb ROI: N/A Traditional ROI: 3.06%
50 62nd St Decatur, MI 50 62nd St, Decatur, MI 49045 \| Other	N/A beds \| N/A baths \| N/A	$139,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.83% Airbnb Rental Income: $null Traditional Rental Income: $944 Airbnb ROI: N/A Traditional ROI: 3.83%
30, 40, 50 62nd Decatur, MI 30, 40, 50 62nd, Decatur, MI 49045 \| Other	N/A beds \| N/A baths \| N/A	$439,700	Airbnb cash on cash: N/A Traditional cash on cash: -0.46% Airbnb Rental Income: $null Traditional Rental Income: $944 Airbnb ROI: N/A Traditional ROI: -0.46%
48379 Hill Drive Decatur, MI This spacious ranch home offers over 3,000 square feet of comfortable living in a peaceful...	3 beds \| 3 baths \| 3,088 sq.ft.	$379,000	Airbnb cash on cash: 2.55% Traditional cash on cash: 6.24% Airbnb Rental Income: $2381 Traditional Rental Income: $3110 Airbnb ROI: 2.55% Traditional ROI: 6.24%
15850 Oak Street Decatur, MI Back on the market -- not due to seller or property! COME SEE this adorable cottage getawa...	1 beds \| 1 baths \| 624 sq.ft.	$158,500	Airbnb cash on cash: N/A Traditional cash on cash: 5.53% Airbnb Rental Income: $null Traditional Rental Income: $1255 Airbnb ROI: N/A Traditional ROI: 5.53%
48168 70th Avenue Decatur, MI Welcome to Christie Lake -- a clear, spring-fed, all-sports lake known for its quiet shore...	3 beds \| 1 baths \| 1,062 sq.ft.	$398,900	Airbnb cash on cash: 2.48% Traditional cash on cash: 2.43% Airbnb Rental Income: $2381 Traditional Rental Income: $1778 Airbnb ROI: 2.48% Traditional ROI: 2.43%
104 Seneca Street Decatur, MI Welcome to this move-in ready ranch in the heart of Decatur, offering the perfect blend of...	3 beds \| 2 baths \| 1,285 sq.ft.	$182,500	Airbnb cash on cash: 8.17% Traditional cash on cash: 10.22% Airbnb Rental Income: $2381 Traditional Rental Income: $2151 Airbnb ROI: 8.17% Traditional ROI: 10.22%

Real Estate investment in Decatur, MI

There are 44 properties for sale in the city of Decatur . The median list price in Decatur is $138,667 and the average price per square foot is $65. In October 2026, the average monthly cash on cash return in Decatur is 7.00%. The average monthly rental income in Decatur is $1,785.

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

There are 44 investment properties available for sale in Decatur.

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

The ROI for Short-Term is higher than the Long-Term in Decatur with average rental income of $2,381.

Your search for investment property begins and ends here

Investment Property for Sale in Decatur, MI

46726 Prospect Dr

Decatur, MI

3 beds | 2 baths | 2,266 sq.ft.

$669,000

Airbnb cash on cash: 0.8%

Traditional cash on cash: 1.95%

Airbnb Rental Income: $2381

Traditional Rental Income: $2512

Airbnb ROI: 0.8%

Traditional ROI: 1.95%

48989 92nd Ave

Decatur, MI

3 beds | 2 baths | 1,620 sq.ft.

$499,000

Airbnb cash on cash: 2.19%

Traditional cash on cash: 3.36%

Airbnb Rental Income: $2381

Traditional Rental Income: $2340

Airbnb ROI: 2.19%

Traditional ROI: 3.36%

83362 Fritz Dr

Decatur, MI

3 beds | 1 baths | 1,236 sq.ft.

$410,000

Airbnb cash on cash: 2.52%

Traditional cash on cash: 2.31%

Airbnb Rental Income: $2381

Traditional Rental Income: $1716

Airbnb ROI: 2.52%

Traditional ROI: 2.31%

88320 Old Swamp Rd

Decatur, MI

3 beds | 1 baths | 1,484 sq.ft.

$210,000

Airbnb cash on cash: 6.95%

Traditional cash on cash: 6.84%

Airbnb Rental Income: $2381

Traditional Rental Income: $1773

Airbnb ROI: 6.95%

Traditional ROI: 6.84%

81611 White Oak Dr

Decatur, MI

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

$229,999

Airbnb cash on cash: 8.91%

Traditional cash on cash: 8.92%

Airbnb Rental Income: $3379

Traditional Rental Income: $2629

Airbnb ROI: 8.91%

Traditional ROI: 8.92%

59379 Territorial Rd

Decatur, MI

4 beds | 3 baths | 2,638 sq.ft.

$326,900

Airbnb cash on cash: 5.83%

Traditional cash on cash: 7.44%

Airbnb Rental Income: $3379

Traditional Rental Income: $3123

Airbnb ROI: 5.83%

Traditional ROI: 7.44%

310 N John St

Decatur, MI

2 beds | 1 baths | 964 sq.ft.

$174,900

Airbnb cash on cash: 6.99%

Traditional cash on cash: 6.4%

Airbnb Rental Income: $2104

Traditional Rental Income: $1466

Airbnb ROI: 6.99%

Traditional ROI: 6.4%

401 W Saint Marys St

Decatur, MI

2 beds | 1 baths | 1,272 sq.ft.

$179,500

Airbnb cash on cash: 5.49%

Traditional cash on cash: 6.48%

Airbnb Rental Income: $2104

Traditional Rental Income: $1734

Airbnb ROI: 5.49%