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: 0.08% Traditional cash on cash: 8.13% Airbnb Rental Income: $966 Traditional Rental Income: $1917 Airbnb ROI: 0.08% Traditional ROI: 8.13%
1312 4th Avenue Lake Odessa, MI Welcome to 1312 4th Ave in Lake Odessa! This well-maintained home offers confort, function...	3 beds \| 1 baths \| 1,600 sq.ft.	$200,000	Airbnb cash on cash: 0.72% Traditional cash on cash: 6.45% Airbnb Rental Income: $966 Traditional Rental Income: $1705 Airbnb ROI: 0.72% Traditional ROI: 6.45%
874 3rd Avenue unit: 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.	$369,900	Airbnb cash on cash: -1.34% Traditional cash on cash: 3.3% Airbnb Rental Income: $871 Traditional Rental Income: $2145 Airbnb ROI: -1.34% Traditional ROI: 3.3%
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: 0.7% Traditional cash on cash: 8.95% Airbnb Rental Income: $871 Traditional Rental Income: $2048 Airbnb ROI: 0.7% 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.	$224,000	Airbnb cash on cash: 0.5% Traditional cash on cash: 6.66% Airbnb Rental Income: $966 Traditional Rental Income: $1924 Airbnb ROI: 0.5% Traditional ROI: 6.66%
13315 Cherry Street Lake Odessa, MI Welcome to this spacious, updated home with room to grow! The kitchen features new white s...	3 beds \| 4 baths \| 2,036 sq.ft.	$430,000	Airbnb cash on cash: -0.3% Traditional cash on cash: 1.84% Airbnb Rental Income: $966 Traditional Rental Income: $1479 Airbnb ROI: -0.3% Traditional ROI: 1.84%
2800 W Clarksville Road Lake Odessa, MI Highest and Best Offers reviewed Thurs. March 19th at 2:00PM Welcome Home to this Affo...	3 beds \| 1 baths \| 1,488 sq.ft.	$265,000	Airbnb cash on cash: 0.35% Traditional cash on cash: 3.8% Airbnb Rental Income: $966 Traditional Rental Income: $1479 Airbnb ROI: 0.35% Traditional ROI: 3.8%
874 3rd Avenue unit: 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: -1.26% Traditional cash on cash: 2.95% Airbnb Rental Income: $966 Traditional Rental Income: $2257 Airbnb ROI: -1.26% Traditional ROI: 2.95%
824 5th Avenue Lake Odessa, MI Simple, sweet, and full of charm. This two story home features one bedroom on the main flo...	2 beds \| 2 baths \| 922 sq.ft.	$175,000	Airbnb cash on cash: 0.68% Traditional cash on cash: 4.65% Airbnb Rental Income: $871 Traditional Rental Income: $1198 Airbnb ROI: 0.68% Traditional ROI: 4.65%
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.	$295,000	Airbnb cash on cash: 0.5% Traditional cash on cash: 3.61% Airbnb Rental Income: $966 Traditional Rental Income: $1479 Airbnb ROI: 0.5% Traditional ROI: 3.61%

Real Estate investment in Lake-odessa, MI

There are 10 properties for sale in the city of Lake Odessa . The median list price in Lake Odessa is $265,000 and the average price per square foot is $190. In April 2026, the average monthly cash on cash return in Lake Odessa is 4.00%. The average monthly rental income in Lake Odessa is $1,705.

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

There are 10 investment properties available for sale in Lake-odessa.

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

The ROI for Short-Term is higher than the Long-Term in Lake-odessa with average rental income of $966.

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: 0.08%

Traditional cash on cash: 8.13%

Airbnb Rental Income: $966

Traditional Rental Income: $1917

Airbnb ROI: 0.08%

Traditional ROI: 8.13%

1312 4th Avenue

Lake Odessa, MI

3 beds | 1 baths | 1,600 sq.ft.

$200,000

Airbnb cash on cash: 0.72%

Traditional cash on cash: 6.45%

Airbnb Rental Income: $966

Traditional Rental Income: $1705

Airbnb ROI: 0.72%

Traditional ROI: 6.45%

874 3rd Avenue unit: 12

Lake Odessa, MI

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

$369,900

Airbnb cash on cash: -1.34%

Traditional cash on cash: 3.3%

Airbnb Rental Income: $871

Traditional Rental Income: $2145

Airbnb ROI: -1.34%

Traditional ROI: 3.3%

2565 Lapo Road

Lake Odessa, MI

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

$192,900

Airbnb cash on cash: 0.7%

Traditional cash on cash: 8.95%

Airbnb Rental Income: $871

Traditional Rental Income: $2048

Airbnb ROI: 0.7%

Traditional ROI: 8.95%

1518 E Tupper Lake Road

Lake Odessa, MI

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

$224,000

Airbnb cash on cash: 0.5%

Traditional cash on cash: 6.66%

Airbnb Rental Income: $966

Traditional Rental Income: $1924

Airbnb ROI: 0.5%

Traditional ROI: 6.66%

13315 Cherry Street

Lake Odessa, MI

3 beds | 4 baths | 2,036 sq.ft.

$430,000

Airbnb cash on cash: -0.3%

Traditional cash on cash: 1.84%

Airbnb Rental Income: $966

Traditional Rental Income: $1479

Airbnb ROI: -0.3%

Traditional ROI: 1.84%

2800 W Clarksville Road

Lake Odessa, MI

3 beds | 1 baths | 1,488 sq.ft.

$265,000

Airbnb cash on cash: 0.35%

Traditional cash on cash: 3.8%

Airbnb Rental Income: $966

Traditional Rental Income: $1479

Airbnb ROI: 0.35%

Traditional ROI: 3.8%

874 3rd Avenue unit: 13

Lake Odessa, MI

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

$415,000

Airbnb cash on cash: -1.26%

Traditional cash on cash: 2.95%

Airbnb Rental Income: $966

Traditional Rental Income: $2257

Airbnb ROI: -1.26%