Real Estate Investment Properties for Sale in Lake Odessa, MI

Looking for investment property in Lake Odessa, MI with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
9604 E Brown Road Lake Odessa, MI Welcome to this charming Lake Odessa farmhouse situated on over an acre with endless possi...	3 beds \| 1 baths \| 1,690 sq.ft.	$200,000	Airbnb cash on cash: 7.87% Traditional cash on cash: 7.35% Airbnb Rental Income: $2654 Traditional Rental Income: $1924 Airbnb ROI: 7.87% Traditional ROI: 7.35%
1846 W Tupper Heights Drive Lake Odessa, MI Two lake frontage lots and three lake access lots - Welcome to this exquisite and rare opp...	2 beds \| 1 baths \| 832 sq.ft.	$460,000	Airbnb cash on cash: -0.24% Traditional cash on cash: 1.55% Airbnb Rental Income: $1269 Traditional Rental Income: $1642 Airbnb ROI: -0.24% Traditional ROI: 1.55%
2565 Lapo Road Lake Odessa, MI Lakefront on Jordan Lake is available for immediate occupancy. This 2 bedroom and 2 bath m...	2 beds \| 2 baths \| 1,104 sq.ft.	$192,900	Airbnb cash on cash: 2.51% Traditional cash on cash: 8.95% Airbnb Rental Income: $1269 Traditional Rental Income: $2048 Airbnb ROI: 2.51% Traditional ROI: 8.95%
1518 E Tupper Lake Road Lake Odessa, MI One of a kind property, 3 bedroom 2 bath home on one acre. Beautiful country setting just ...	3 beds \| 2 baths \| 1,080 sq.ft.	$211,000	Airbnb cash on cash: 7.62% Traditional cash on cash: 7.13% Airbnb Rental Income: $2654 Traditional Rental Income: $1924 Airbnb ROI: 7.62% Traditional ROI: 7.13%
874 3rd Avenue #12 Lake Odessa, MI New construction condo with up to 2,100 sq ft of potential living space, including 3 bedro...	2 beds \| 2 baths \| 1,108 sq.ft.	$364,900	Airbnb cash on cash: -1.13% Traditional cash on cash: 1.16% Airbnb Rental Income: $1269 Traditional Rental Income: $1654 Airbnb ROI: -1.13% Traditional ROI: 1.16%
874 3rd Avenue #13 Lake Odessa, MI New construction condo with 2,100 sq ft of living space, including 3 bedrooms and 2.5 bath...	3 beds \| 3 baths \| 1,108 sq.ft.	$415,000	Airbnb cash on cash: 2.35% Traditional cash on cash: 2.95% Airbnb Rental Income: $2654 Traditional Rental Income: $2257 Airbnb ROI: 2.35% Traditional ROI: 2.95%
7785 Saddlebag Lake Road Lake Odessa, MI A must see! Large 1.6 acre lot. Well maintained 3 bedroom. Located east of Lake Odessa. Le...	3 beds \| 1 baths \| 1,304 sq.ft.	$249,900	Airbnb cash on cash: 6.68% Traditional cash on cash: 5.78% Airbnb Rental Income: $2654 Traditional Rental Income: $1810 Airbnb ROI: 6.68% Traditional ROI: 5.78%
1033 Washington Boulevard Lake Odessa, MI Welcome to this charming Tudor-style Arts & Crafts home, perfectly situated on a spacious ...	3 beds \| 2 baths \| 2,506 sq.ft.	$329,000	Airbnb cash on cash: 4.67% Traditional cash on cash: 6% Airbnb Rental Income: $2654 Traditional Rental Income: $2435 Airbnb ROI: 4.67% Traditional ROI: 6%
13025 Jordan Lake Road Lake Odessa, MI Charming country farmhouse nestled on a peaceful rural setting just minutes from Lake Odes...	2 beds \| 1 baths \| 1,564 sq.ft.	$185,000	Airbnb cash on cash: 1.99% Traditional cash on cash: 6.68% Airbnb Rental Income: $1269 Traditional Rental Income: $1693 Airbnb ROI: 1.99% Traditional ROI: 6.68%
869 Beech Street Lake Odessa, MI Come take a look at this beautiful home right off of Jordan Lake in Lake Odessa. Live off ...	3 beds \| 2 baths \| 1,711 sq.ft.	$350,000	Airbnb cash on cash: 3.69% Traditional cash on cash: 5.88% Airbnb Rental Income: $2654 Traditional Rental Income: $2743 Airbnb ROI: 3.69% Traditional ROI: 5.88%
621 Eagle Point Road Lake Odessa, MI Living is easy in this beautifully renovated 4-bedroom, 2-bath home blending classic mid-c...	4 beds \| 2 baths \| 1,612 sq.ft.	$359,900	Airbnb cash on cash: 1.58% Traditional cash on cash: 6.19% Airbnb Rental Income: $1611 Traditional Rental Income: $2710 Airbnb ROI: 1.58% Traditional ROI: 6.19%
668 Eagle Point Road Lake Odessa, MI Welcome to a beautifully maintained waterfront retreat on desirable Jordan Lake. This invi...	4 beds \| 2 baths \| 1,729 sq.ft.	$525,000	Airbnb cash on cash: 0.42% Traditional cash on cash: 3.79% Airbnb Rental Income: $1611 Traditional Rental Income: $2805 Airbnb ROI: 0.42% Traditional ROI: 3.79%
785 Washington Boulevard Lake Odessa, MI Charming, cozy, and perfectly located! This delightful bungalow in the Village of Lake Ode...	3 beds \| 2 baths \| 2,052 sq.ft.	$275,000	Airbnb cash on cash: 4.55% Traditional cash on cash: 6.88% Airbnb Rental Income: $2654 Traditional Rental Income: $2625 Airbnb ROI: 4.55% Traditional ROI: 6.88%
911 Washington Boulevard Lake Odessa, MI This two story home offers a great mix of indoor comfort and outdoor enjoyment. There is f...	5 beds \| 2 baths \| 2,112 sq.ft.	$269,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.47% Airbnb Rental Income: $null Traditional Rental Income: $2857 Airbnb ROI: N/A Traditional ROI: 9.47%
1415 Virginia Street Lake Odessa, MI This home offers the tranquility of lakeside living paired with the warmth of a close-knit...	2 beds \| 2 baths \| 1,246 sq.ft.	$229,900	Airbnb cash on cash: 1.15% Traditional cash on cash: 6.01% Airbnb Rental Income: $1269 Traditional Rental Income: $1927 Airbnb ROI: 1.15% Traditional ROI: 6.01%
1510 Alger Street Lake Odessa, MI You will not find a more beautiful piece of property in Lake Odessa. This 4 bedroom modula...	4 beds \| 2 baths \| 1,824 sq.ft.	$364,900	Airbnb cash on cash: 1.52% Traditional cash on cash: 5.89% Airbnb Rental Income: $1611 Traditional Rental Income: $2650 Airbnb ROI: 1.52% Traditional ROI: 5.89%
25 W Tupper Lake Road Lake Odessa, MI Welcome HOME to country living! This home is cozy but offers everything you need and a few...	3 beds \| 1 baths \| 1,664 sq.ft.	$198,900	Airbnb cash on cash: 8.2% Traditional cash on cash: 5.32% Airbnb Rental Income: $2654 Traditional Rental Income: $1934 Airbnb ROI: 8.2% Traditional ROI: 5.32%

Real Estate investment in Lake-odessa, MI

There are 18 properties for sale in the city of Lake Odessa . The median list price in Lake Odessa is $239,856 and the average price per square foot is $157. In July 2026, the average monthly cash on cash return in Lake Odessa is 6.00%. The average monthly rental income in Lake Odessa is $2,153.

Lake-odessa, MI Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 18 investment properties available for sale in Lake-odessa.

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

The ROI for Long-Term is higher than the Short-Term in Lake-odessa with average rental income of $2,153.

Your search for investment property begins and ends here

Investment Property for Sale in Lake Odessa, MI

9604 E Brown Road

Lake Odessa, MI

3 beds | 1 baths | 1,690 sq.ft.

$200,000

Airbnb cash on cash: 7.87%

Traditional cash on cash: 7.35%

Airbnb Rental Income: $2654

Traditional Rental Income: $1924

Airbnb ROI: 7.87%

Traditional ROI: 7.35%

1846 W Tupper Heights Drive

Lake Odessa, MI

2 beds | 1 baths | 832 sq.ft.

$460,000

Airbnb cash on cash: -0.24%

Traditional cash on cash: 1.55%

Airbnb Rental Income: $1269

Traditional Rental Income: $1642

Airbnb ROI: -0.24%

Traditional ROI: 1.55%

2565 Lapo Road

Lake Odessa, MI

2 beds | 2 baths | 1,104 sq.ft.

$192,900

Airbnb cash on cash: 2.51%

Traditional cash on cash: 8.95%

Airbnb Rental Income: $1269

Traditional Rental Income: $2048

Airbnb ROI: 2.51%

Traditional ROI: 8.95%

1518 E Tupper Lake Road

Lake Odessa, MI

3 beds | 2 baths | 1,080 sq.ft.

$211,000

Airbnb cash on cash: 7.62%

Traditional cash on cash: 7.13%

Airbnb Rental Income: $2654

Traditional Rental Income: $1924

Airbnb ROI: 7.62%

Traditional ROI: 7.13%

874 3rd Avenue #12

Lake Odessa, MI

2 beds | 2 baths | 1,108 sq.ft.

$364,900

Airbnb cash on cash: -1.13%

Traditional cash on cash: 1.16%

Airbnb Rental Income: $1269

Traditional Rental Income: $1654

Airbnb ROI: -1.13%

Traditional ROI: 1.16%

874 3rd Avenue #13

Lake Odessa, MI

3 beds | 3 baths | 1,108 sq.ft.

$415,000

Airbnb cash on cash: 2.35%

Traditional cash on cash: 2.95%

Airbnb Rental Income: $2654

Traditional Rental Income: $2257

Airbnb ROI: 2.35%

Traditional ROI: 2.95%

7785 Saddlebag Lake Road

Lake Odessa, MI

3 beds | 1 baths | 1,304 sq.ft.

$249,900

Airbnb cash on cash: 6.68%

Traditional cash on cash: 5.78%

Airbnb Rental Income: $2654

Traditional Rental Income: $1810

Airbnb ROI: 6.68%

Traditional ROI: 5.78%

1033 Washington Boulevard

Lake Odessa, MI

3 beds | 2 baths | 2,506 sq.ft.

$329,000

Airbnb cash on cash: 4.67%

Traditional cash on cash: 6%

Airbnb Rental Income: $2654

Traditional Rental Income: $2435

Airbnb ROI: 4.67%