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
1417 Harrison Street Lake Odessa, MI Check out this great 3-bedroom home in Lake Odessa. The main level has an entry mudroom, a...	3 beds \| 1 baths \| 1,561 sq.ft.	$169,500	Airbnb cash on cash: 6.08% Traditional cash on cash: 8.13% Airbnb Rental Income: $2129 Traditional Rental Income: $1917 Airbnb ROI: 6.08% Traditional ROI: 8.13%
439 Grace Drive Lake Odessa, MI This fully renovated, turnkey property brings together lifestyle and income in a way that ...	3 beds \| 3 baths \| 1,800 sq.ft.	$339,900	Airbnb cash on cash: 2.68% Traditional cash on cash: 2.94% Airbnb Rental Income: $2129 Traditional Rental Income: $1668 Airbnb ROI: 2.68% Traditional ROI: 2.94%
810 1st Street Lake Odessa, MI In the heart of the quaint and charming Village of Lake Odessa. The village has lots of Ea...	3 beds \| 2 baths \| 1,166 sq.ft.	$159,900	Airbnb cash on cash: 7.37% Traditional cash on cash: 3.65% Airbnb Rental Income: $2129 Traditional Rental Income: $1017 Airbnb ROI: 7.37% Traditional ROI: 3.65%
471 4th Avenue Lake Odessa, MI Located in the heart of Lake Odessa across from Jordan Lake with 'foot access' in view. Th...	2 beds \| 1 baths \| 935 sq.ft.	$250,000	Airbnb cash on cash: 0.01% Traditional cash on cash: 1.43% Airbnb Rental Income: $1084 Traditional Rental Income: $1051 Airbnb ROI: 0.01% Traditional ROI: 1.43%
14234 Maier Drive Lake Odessa, MI Talk about a VIEW! Sitting at the Peak of a Bank and Overlooking the Sought After Jordan L...	2 beds \| 2 baths \| 800 sq.ft.	$505,000	Airbnb cash on cash: -1.08% Traditional cash on cash: 0% Airbnb Rental Income: $1084 Traditional Rental Income: $1222 Airbnb ROI: -1.08% Traditional ROI: 0%
1323 4th Avenue Lake Odessa, MI Welcome to this charming 3 bedroom, 1.5 bath home in the heart of downtown Lake Odessa, of...	3 beds \| 2 baths \| 1,368 sq.ft.	$185,000	Airbnb cash on cash: 6.02% Traditional cash on cash: 9.66% Airbnb Rental Income: $2129 Traditional Rental Income: $2226 Airbnb ROI: 6.02% Traditional ROI: 9.66%
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: 1.67% Traditional cash on cash: 8.95% Airbnb Rental Income: $1084 Traditional Rental Income: $2048 Airbnb ROI: 1.67% 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: 5.43% Traditional cash on cash: 7.13% Airbnb Rental Income: $2129 Traditional Rental Income: $1924 Airbnb ROI: 5.43% 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: -1.58% Traditional cash on cash: 1.16% Airbnb Rental Income: $1084 Traditional Rental Income: $1654 Airbnb ROI: -1.58% 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: 1.23% Traditional cash on cash: 2.95% Airbnb Rental Income: $2129 Traditional Rental Income: $2257 Airbnb ROI: 1.23% 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: 4.82% Traditional cash on cash: 5.78% Airbnb Rental Income: $2129 Traditional Rental Income: $1810 Airbnb ROI: 4.82% Traditional ROI: 5.78%
471 Fourth Avenue Lake Odessa, MI Located in the heart of Lake Odessa across from Jordan Lake with 'foot access' in view. Th...	2 beds \| 1 baths \| 935 sq.ft.	$225,000	Airbnb cash on cash: 0.12% Traditional cash on cash: 4.51% Airbnb Rental Income: $1084 Traditional Rental Income: $1650 Airbnb ROI: 0.12% Traditional ROI: 4.51%
13773 Saubee Road Lake Odessa, MI Welcome to this Sprawling Farmhouse Abode that is Situated Perfectly on a Peaceful, 2.96 A...	4 beds \| 4 baths \| 4,614 sq.ft.	$599,000	Airbnb cash on cash: -0.02% Traditional cash on cash: 5.04% Airbnb Rental Income: $1599 Traditional Rental Income: $3974 Airbnb ROI: -0.02% Traditional ROI: 5.04%
547 Eagle Point Road Lake Odessa, MI You don't want to miss out on this incredible opportunity! Take a look at this move-in-rea...	2 beds \| 2 baths \| 1,148 sq.ft.	$500,000	Airbnb cash on cash: -0.22% Traditional cash on cash: 2.89% Airbnb Rental Income: $1084 Traditional Rental Income: $2168 Airbnb ROI: -0.22% Traditional ROI: 2.89%
1033 Washington Boulevard Lake Odessa, MI Welcome to this charming Tudor-style Arts & Crafts home, perfectly situated on a spacious ...	3 beds \| 2 baths \| 1,673 sq.ft.	$339,000	Airbnb cash on cash: 3.13% Traditional cash on cash: 5.8% Airbnb Rental Income: $2129 Traditional Rental Income: $2435 Airbnb ROI: 3.13% Traditional ROI: 5.8%
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: 1.2% Traditional cash on cash: 6.76% Airbnb Rental Income: $1084 Traditional Rental Income: $1693 Airbnb ROI: 1.2% Traditional ROI: 6.76%
1312 Pearl Street Lake Odessa, MI Welcome to the newest home for sale in Lake Odessa. This home comes with a large yard and ...	3 beds \| 2 baths \| 1,552 sq.ft.	$190,000	Airbnb cash on cash: 5.44% Traditional cash on cash: 4.85% Airbnb Rental Income: $2129 Traditional Rental Income: $1479 Airbnb ROI: 5.44% Traditional ROI: 4.85%
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: 2.96% Traditional cash on cash: 6.48% Airbnb Rental Income: $2129 Traditional Rental Income: $2743 Airbnb ROI: 2.96% Traditional ROI: 6.48%

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 $249,950 and the average price per square foot is $170. In May 2026, the average monthly cash on cash return in Lake Odessa is 5.00%. The average monthly rental income in Lake Odessa is $1,752.

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 $1,752.

Your search for investment property begins and ends here

Investment Property for Sale in Lake Odessa, MI

1417 Harrison Street

Lake Odessa, MI

3 beds | 1 baths | 1,561 sq.ft.

$169,500

Airbnb cash on cash: 6.08%

Traditional cash on cash: 8.13%

Airbnb Rental Income: $2129

Traditional Rental Income: $1917

Airbnb ROI: 6.08%

Traditional ROI: 8.13%

439 Grace Drive

Lake Odessa, MI

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

$339,900

Airbnb cash on cash: 2.68%

Traditional cash on cash: 2.94%

Airbnb Rental Income: $2129

Traditional Rental Income: $1668

Airbnb ROI: 2.68%

Traditional ROI: 2.94%

810 1st Street

Lake Odessa, MI

3 beds | 2 baths | 1,166 sq.ft.

$159,900

Airbnb cash on cash: 7.37%

Traditional cash on cash: 3.65%

Airbnb Rental Income: $2129

Traditional Rental Income: $1017

Airbnb ROI: 7.37%

Traditional ROI: 3.65%

471 4th Avenue

Lake Odessa, MI

2 beds | 1 baths | 935 sq.ft.

$250,000

Airbnb cash on cash: 0.01%

Traditional cash on cash: 1.43%

Airbnb Rental Income: $1084

Traditional Rental Income: $1051

Airbnb ROI: 0.01%

Traditional ROI: 1.43%

14234 Maier Drive

Lake Odessa, MI

2 beds | 2 baths | 800 sq.ft.

$505,000

Airbnb cash on cash: -1.08%

Traditional cash on cash: 0%

Airbnb Rental Income: $1084

Traditional Rental Income: $1222

Airbnb ROI: -1.08%

Traditional ROI: 0%

1323 4th Avenue

Lake Odessa, MI

3 beds | 2 baths | 1,368 sq.ft.

$185,000

Airbnb cash on cash: 6.02%

Traditional cash on cash: 9.66%

Airbnb Rental Income: $2129

Traditional Rental Income: $2226

Airbnb ROI: 6.02%

Traditional ROI: 9.66%

2565 Lapo Road

Lake Odessa, MI

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

$192,900

Airbnb cash on cash: 1.67%

Traditional cash on cash: 8.95%

Airbnb Rental Income: $1084

Traditional Rental Income: $2048

Airbnb ROI: 1.67%

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: 5.43%

Traditional cash on cash: 7.13%

Airbnb Rental Income: $2129

Traditional Rental Income: $1924

Airbnb ROI: 5.43%