Real Estate Investments for Sale in Dowagiac, MI With High ROI

Are you looking for a vacation rental in Dowagiac, MI? Look no further! We have a wide variety of vacation available for sale, including beachfront condos, mountain single-family homes, townhouses, vacation homes and everything in between.

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
24839 Twin Shores Drive Dowagiac, MI Recently Remodeled 2 story year round home on all sports Little Twin Lake. No stairs to th...	3 beds \| 2 baths \| 1,120 sq.ft.	$424,900	Airbnb cash on cash: 4.79% Traditional cash on cash: 2.76% Airbnb Rental Income: $3314 Traditional Rental Income: $1763 Airbnb ROI: 4.79% Traditional ROI: 2.76%
32520 Cable Parkway Parkway Dowagiac, MI Newly updated and ready to move in and enjoy the scenic view and large back deck on Cable ...	3 beds \| 3 baths \| 2,688 sq.ft.	$469,900	Airbnb cash on cash: 3.87% Traditional cash on cash: 3.57% Airbnb Rental Income: $3314 Traditional Rental Income: $2442 Airbnb ROI: 3.87% Traditional ROI: 3.57%
55610 Nubour Road Dowagiac, MI A special tranquil place on the water with 5 acres of rolling hills. Enjoy panoramic views...	3 beds \| 3 baths \| 1,750 sq.ft.	$695,000	Airbnb cash on cash: 2.39% Traditional cash on cash: 1.84% Airbnb Rental Income: $3314 Traditional Rental Income: $2218 Airbnb ROI: 2.39% Traditional ROI: 1.84%
51202 O Keefe Road Dowagiac, MI Located in Southwestern Michigan this 107+/- acre property has 3 HOMES with a private 6 AC...	4 beds \| 3 baths \| 2,502 sq.ft.	$1,198,975	Airbnb cash on cash: 1.99% Traditional cash on cash: 0.57% Airbnb Rental Income: $5131 Traditional Rental Income: $2507 Airbnb ROI: 1.99% Traditional ROI: 0.57%
58560 Indian Lake Road Dowagiac, MI Beautiful, Serene Lake House on secluded Little Smith Lake North of Sumnerville. 30 minut...	3 beds \| 2 baths \| 2,721 sq.ft.	$825,000	Airbnb cash on cash: 1.74% Traditional cash on cash: 0.98% Airbnb Rental Income: $3314 Traditional Rental Income: $1991 Airbnb ROI: 1.74% Traditional ROI: 0.98%
58144 M-51 Dowagiac, MI Finished in 2017, this 3 bedroom/2 bathroom stick built home is ready for its second owner...	3 beds \| 2 baths \| 1,782 sq.ft.	$235,000	Airbnb cash on cash: 9.36% Traditional cash on cash: 6.83% Airbnb Rental Income: $3314 Traditional Rental Income: $2010 Airbnb ROI: 9.36% Traditional ROI: 6.83%
93283 County Road 690 Dowagiac, MI Discover an extraordinary investment/business/vacation rental or friend and family compoun...	5 beds \| 3 baths \| 3,369 sq.ft.	$1,200,000	Airbnb cash on cash: 2.17% Traditional cash on cash: 0.81% Airbnb Rental Income: $5326 Traditional Rental Income: $2731 Airbnb ROI: 2.17% Traditional ROI: 0.81%
59988 M-51 S Dowagiac, MI Newly remodeled farmhouse with main floor laundry, formal dining room., new kitchen and ba...	3 beds \| 1 baths \| 1,572 sq.ft.	$329,900	Airbnb cash on cash: 6.3% Traditional cash on cash: 1.95% Airbnb Rental Income: $3314 Traditional Rental Income: $1224 Airbnb ROI: 6.3% Traditional ROI: 1.95%
31799 M-152 Dowagiac, MI MOVE IN READY! Simply grab a towel and hit the sandy beach! With 100 feet of water frontag...	5 beds \| 3 baths \| 2,752 sq.ft.	$819,500	Airbnb cash on cash: 3.57% Traditional cash on cash: 1.64% Airbnb Rental Income: $5326 Traditional Rental Income: $2774 Airbnb ROI: 3.57% Traditional ROI: 1.64%
28757 Fairlane Drive Dowagiac, MI OPEN HOUSE! THURSDAY, 4/25, 5:30-6:30. Welcome to Meadowbrook Subdivision! Located just ou...	3 beds \| 2 baths \| 1,866 sq.ft.	$225,000	Airbnb cash on cash: 9.86% Traditional cash on cash: 6.43% Airbnb Rental Income: $3314 Traditional Rental Income: $1843 Airbnb ROI: 9.86% Traditional ROI: 6.43%
55805 Garrett Road Dowagiac, MI RARE FIND!!!! This late 1800's farm house has been taken down to the studs in it's transf...	5 beds \| 2 baths \| 3,054 sq.ft.	$525,000	Airbnb cash on cash: 7.18% Traditional cash on cash: 2.83% Airbnb Rental Income: $5326 Traditional Rental Income: $2114 Airbnb ROI: 7.18% Traditional ROI: 2.83%
31161 County Line Road Dowagiac, MI Majestic, custom designed sought after all sports Magician lakefront home with a sandy bot...	5 beds \| 4 baths \| 4,887 sq.ft.	$1,800,000	Airbnb cash on cash: 0.47% Traditional cash on cash: 0.08% Airbnb Rental Income: $5326 Traditional Rental Income: $3604 Airbnb ROI: 0.47% Traditional ROI: 0.08%
29342 Saddlebred Lane Dowagiac, MI Tucked in Saddlebred Subdivision just outside of Dowagiac is this 3 bed \| 3 bath home! Inc...	3 beds \| 3 baths \| 2,924 sq.ft.	$299,000	Airbnb cash on cash: 6.86% Traditional cash on cash: 6.14% Airbnb Rental Income: $3314 Traditional Rental Income: $2371 Airbnb ROI: 6.86% Traditional ROI: 6.14%
509 Spruce Street Dowagiac, MI OPEN HOUSE! SATURDAY, APRIL 20, 9AM-10AM. Be the first to live in this charming 3 bedroom/...	3 beds \| 2 baths \| 1,344 sq.ft.	$299,000	Airbnb cash on cash: 6.29% Traditional cash on cash: 4.33% Airbnb Rental Income: $3314 Traditional Rental Income: $2021 Airbnb ROI: 6.29% Traditional ROI: 4.33%
58691 M-51 Dowagiac, MI Great property on over 8 acres! This is a project for the winter. The house needs work,...	3 beds \| 2 baths \| 1,248 sq.ft.	$239,900	Airbnb cash on cash: 9.29% Traditional cash on cash: 5.57% Airbnb Rental Income: $3314 Traditional Rental Income: $1729 Airbnb ROI: 9.29% Traditional ROI: 5.57%
602 Green Street Dowagiac, MI A gem like this won't last long! After living here for over 20 years, the current owners a...	3 beds \| 3 baths \| 2,097 sq.ft.	$275,000	Airbnb cash on cash: 7.98% Traditional cash on cash: 7.05% Airbnb Rental Income: $3314 Traditional Rental Income: $2331 Airbnb ROI: 7.98% Traditional ROI: 7.05%
56445 M-51 S S Dowagiac, MI Welcome to the idyllic charm of Dowagiac, MI! Nestled on a generous 1.5-acre lot, this met...	2 beds \| 2 baths \| 1,331 sq.ft.	$299,000	Airbnb cash on cash: 4.93% Traditional cash on cash: 4.61% Airbnb Rental Income: $2458 Traditional Rental Income: $1769 Airbnb ROI: 4.93% Traditional ROI: 4.61%
50140 Magician Lake Road Dowagiac, MI 2.19 +/- acres of beautiful land and a great and quiet location. 2020 renovation means th...	3 beds \| 3 baths \| 1,682 sq.ft.	$321,000	Airbnb cash on cash: 6.52% Traditional cash on cash: 5.29% Airbnb Rental Income: $3314 Traditional Rental Income: $2199 Airbnb ROI: 6.52% Traditional ROI: 5.29%
68448 BEECHWOOD Drive Dowagiac, MI Welcome home to this luxurious Malibu inspired 4 story! You don't want to miss this 4 bedr...	4 beds \| 5 baths \| 2,068 sq.ft.	$2,449,900	Airbnb cash on cash: 0.01% Traditional cash on cash: 0.03% Airbnb Rental Income: $5131 Traditional Rental Income: $4137 Airbnb ROI: 0.01% Traditional ROI: 0.03%
101 Singer Street Dowagiac, MI Former location of "Guntles Outdoor"; Includes 2.7 acres in the City of Dowagiac...	N/A beds \| 1 baths \| 900 sq.ft.	$159,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.28% Airbnb Rental Income: $null Traditional Rental Income: $1098 Airbnb ROI: N/A Traditional ROI: 4.28%

Real Estate investment in Dowagiac, MI

There are 20 properties for sale in the city of Dowagiac . The median list price in Dowagiac is $239,900 and the average price per square foot is $128. In April 2024, the average monthly cash on cash return in Dowagiac is 6.00%. The average monthly rental income in Dowagiac is $1,860.

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

There are 20 investment properties available for sale in Dowagiac.

In 2024, the best neighborhood to buy investment property is Dowagiac.

The ROI for Short-Term is higher than the Long-Term in Dowagiac with average rental income of $3,314.

Your search for investment property begins and ends here

Investment Property for Sale in Dowagiac, MI

24839 Twin Shores Drive

Dowagiac, MI

3 beds | 2 baths | 1,120 sq.ft.

$424,900

Airbnb cash on cash: 4.79%

Traditional cash on cash: 2.76%

Airbnb Rental Income: $3314

Traditional Rental Income: $1763

Airbnb ROI: 4.79%

Traditional ROI: 2.76%

32520 Cable Parkway Parkway

Dowagiac, MI

3 beds | 3 baths | 2,688 sq.ft.

$469,900

Airbnb cash on cash: 3.87%

Traditional cash on cash: 3.57%

Airbnb Rental Income: $3314

Traditional Rental Income: $2442

Airbnb ROI: 3.87%

Traditional ROI: 3.57%

55610 Nubour Road

Dowagiac, MI

3 beds | 3 baths | 1,750 sq.ft.

$695,000

Airbnb cash on cash: 2.39%

Traditional cash on cash: 1.84%

Airbnb Rental Income: $3314

Traditional Rental Income: $2218

Airbnb ROI: 2.39%

Traditional ROI: 1.84%

51202 O Keefe Road

Dowagiac, MI

4 beds | 3 baths | 2,502 sq.ft.

$1,198,975

Airbnb cash on cash: 1.99%

Traditional cash on cash: 0.57%

Airbnb Rental Income: $5131

Traditional Rental Income: $2507

Airbnb ROI: 1.99%

Traditional ROI: 0.57%

58560 Indian Lake Road

Dowagiac, MI

3 beds | 2 baths | 2,721 sq.ft.

$825,000

Airbnb cash on cash: 1.74%

Traditional cash on cash: 0.98%

Airbnb Rental Income: $3314

Traditional Rental Income: $1991

Airbnb ROI: 1.74%

Traditional ROI: 0.98%

58144 M-51

Dowagiac, MI

3 beds | 2 baths | 1,782 sq.ft.

$235,000

Airbnb cash on cash: 9.36%

Traditional cash on cash: 6.83%

Airbnb Rental Income: $3314

Traditional Rental Income: $2010

Airbnb ROI: 9.36%

Traditional ROI: 6.83%

93283 County Road 690

Dowagiac, MI

5 beds | 3 baths | 3,369 sq.ft.

$1,200,000

Airbnb cash on cash: 2.17%

Traditional cash on cash: 0.81%

Airbnb Rental Income: $5326

Traditional Rental Income: $2731

Airbnb ROI: 2.17%

Traditional ROI: 0.81%

59988 M-51 S

Dowagiac, MI

3 beds | 1 baths | 1,572 sq.ft.

$329,900

Airbnb cash on cash: 6.3%

Traditional cash on cash: 1.95%

Airbnb Rental Income: $3314

Traditional Rental Income: $1224

Airbnb ROI: 6.3%