Real Estate Investment Properties for Sale in Paw Paw, MI

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
501 Marcelletti Avenue Paw Paw, MI Welcome home to this beautifully remodeled ranch located in the Village of Paw Paw! Offeri...	3 beds \| 1 baths \| 2,400 sq.ft.	$309,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.66% Airbnb Rental Income: $null Traditional Rental Income: $1776 Airbnb ROI: N/A Traditional ROI: 3.66%
630 E Saint Joseph Street Paw Paw, MI Great investor opportunity in the growing Village of Paw Paw! Fully rented duplex with str...	4 beds \| N/A baths \| N/A	$215,000	Airbnb cash on cash: 3.38% Traditional cash on cash: 6.7% Airbnb Rental Income: $2160 Traditional Rental Income: $2287 Airbnb ROI: 3.38% Traditional ROI: 6.7%
45717 64th Avenue Paw Paw, MI 21 Acres in Paw Paw Township. 3 BR, 2 Full Bath Manufactured home with detached 1 car gara...	3 beds \| 2 baths \| 1,235 sq.ft.	$240,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.58% Airbnb Rental Income: $null Traditional Rental Income: $1770 Airbnb ROI: N/A Traditional ROI: 4.58%
51479 Summit Street Paw Paw, MI Welcome to 51479 Summit St on beautiful Ackley Lake. This sandy bottom, all sports 65 acre...	3 beds \| 2 baths \| 1,586 sq.ft.	$549,500	Airbnb cash on cash: N/A Traditional cash on cash: 0.69% Airbnb Rental Income: $null Traditional Rental Income: $1859 Airbnb ROI: N/A Traditional ROI: 0.69%
36862 49th Avenue Paw Paw, MI Back on market due to buyers financing! This beautifully updated 5 bedroom, 4 bath, 3 stor...	5 beds \| 4 baths \| 4,414 sq.ft.	$589,000	Airbnb cash on cash: 8.49% Traditional cash on cash: 4.25% Airbnb Rental Income: $7273 Traditional Rental Income: $3541 Airbnb ROI: 8.49% Traditional ROI: 4.25%
501 E Paw Paw Street Paw Paw, MI RARE FIND! Move in ready. Priced to sell! Wonderfully Shaded Yard. Newly Remodeled! Newly ...	3 beds \| 1 baths \| 1,658 sq.ft.	$180,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.9% Airbnb Rental Income: $null Traditional Rental Income: $1655 Airbnb ROI: N/A Traditional ROI: 6.9%
65484 Parkwood Court Paw Paw, MI Escape to the peace and privacy of country living in this beautifully maintained 3-bedroom...	3 beds \| 2 baths \| 1,620 sq.ft.	$260,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.61% Airbnb Rental Income: $null Traditional Rental Income: $2183 Airbnb ROI: N/A Traditional ROI: 6.61%
51361 Summit Street Paw Paw, MI LAKE LIVING! Under $250,000 - Ackley Lake - Paw Paw. This charming bungalow on 65-acre, al...	1 beds \| 1 baths \| 828 sq.ft.	$249,900	Airbnb cash on cash: 0.61% Traditional cash on cash: 3.88% Airbnb Rental Income: $1035 Traditional Rental Income: $1444 Airbnb ROI: 0.61% Traditional ROI: 3.88%
35921 Riverview Drive Paw Paw, MI Paw Paw Brand New 3 bedroom, 2 bath ranch in quiet country neighborhood! Easy, open floor ...	3 beds \| 2 baths \| 1,510 sq.ft.	$289,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.35% Airbnb Rental Income: $null Traditional Rental Income: $2142 Airbnb ROI: N/A Traditional ROI: 6.35%
733 Hazen Street Paw Paw, MI Welcome to this charming 3-bedroom, 2-bathroom home offering a bright and inviting layout ...	3 beds \| 2 baths \| 1,008 sq.ft.	$270,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.26% Airbnb Rental Income: $null Traditional Rental Income: $1756 Airbnb ROI: N/A Traditional ROI: 4.26%
601 N Kalamazoo Street Paw Paw, MI Welcome to this charming waterfront home offering 63 feet of prime lake frontage on a sere...	3 beds \| 1 baths \| 2,504 sq.ft.	$339,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.92% Airbnb Rental Income: $null Traditional Rental Income: $2040 Airbnb ROI: N/A Traditional ROI: 3.92%
46574 33rd Street Paw Paw, MI Traditional two-story home with a two-car garage, privately set on just over a half-acre i...	3 beds \| 2 baths \| 1,933 sq.ft.	$265,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.18% Airbnb Rental Income: $null Traditional Rental Income: $2397 Airbnb ROI: N/A Traditional ROI: 7.18%
132 Lilac Street Paw Paw, MI Located in the heart of Paw Paw, this home offers great potential and just needs a little ...	3 beds \| 1 baths \| 965 sq.ft.	$157,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.73% Airbnb Rental Income: $null Traditional Rental Income: $1455 Airbnb ROI: N/A Traditional ROI: 5.73%
32844 Winther Avenue Paw Paw, MI If you've been waiting for a newer home with space to breathe, this is it! Built in 2019, ...	4 beds \| 3 baths \| 2,944 sq.ft.	$349,000	Airbnb cash on cash: 1.93% Traditional cash on cash: 6.94% Airbnb Rental Income: $2160 Traditional Rental Income: $3251 Airbnb ROI: 1.93% Traditional ROI: 6.94%
35532 M 40 Paw Paw, MI Need space? Check out the 1900+ square feet in this home set back off the road, on five co...	3 beds \| 2 baths \| 1,904 sq.ft.	$279,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.03% Airbnb Rental Income: $null Traditional Rental Income: $2463 Airbnb ROI: N/A Traditional ROI: 7.03%
27580 Manchester Circle Paw Paw, MI Spacious ranch home conveniently located between Paw Paw and Mattawan, just off CR 657 in ...	4 beds \| 3 baths \| 2,670 sq.ft.	$415,000	Airbnb cash on cash: 2.01% Traditional cash on cash: 5.61% Airbnb Rental Income: $2160 Traditional Rental Income: $3011 Airbnb ROI: 2.01% Traditional ROI: 5.61%
803 N Kalamazoo Street Paw Paw, MI West Michigan Wine-country lake estate perched on 1.4 private acres! This timeless brick m...	4 beds \| 3 baths \| 2,805 sq.ft.	$629,000	Airbnb cash on cash: -0.36% Traditional cash on cash: 2.73% Airbnb Rental Income: $2160 Traditional Rental Income: $3428 Airbnb ROI: -0.36% Traditional ROI: 2.73%
38753 Fisk Lake Road Paw Paw, MI 38753 Fisk Lake Road is full of potential and ready for its next chapter. Set on 3.9 beaut...	3 beds \| 1 baths \| 1,800 sq.ft.	$175,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.31% Airbnb Rental Income: $null Traditional Rental Income: $1646 Airbnb ROI: N/A Traditional ROI: 7.31%
56585 Fairway Paw Paw, MI Welcome to this spacious 4 bed 3.5 bath ranch-style home featuring a walk-out basement and...	3 beds \| 4 baths \| 6,270 sq.ft.	$700,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.92% Airbnb Rental Income: $null Traditional Rental Income: $3229 Airbnb ROI: N/A Traditional ROI: 2.92%
28161 58th Avenue Paw Paw, MI *OFFERS DUE BY SUNDAY 4-26-26 at 4pm.* Move-in ready 4 bedroom, 2 bathroom ranch on a ...	4 beds \| 2 baths \| 2,011 sq.ft.	$279,900	Airbnb cash on cash: 4.01% Traditional cash on cash: 7.88% Airbnb Rental Income: $2160 Traditional Rental Income: $2632 Airbnb ROI: 4.01% Traditional ROI: 7.88%
55819 Hamilton Street Paw Paw, MI Move-in ready 1,512 sq ft home offering 2 bedrooms with potential for a 3rd on the upper l...	2 beds \| 2 baths \| 1,256 sq.ft.	$209,000	Airbnb cash on cash: 1.21% Traditional cash on cash: 7.03% Airbnb Rental Income: $1030 Traditional Rental Income: $1823 Airbnb ROI: 1.21% Traditional ROI: 7.03%
50022 M-40 Paw Paw, MI Investor Special - 19+ Acres with 700 Ft of River Frontage on the South Branch Paw Paw Riv...	3 beds \| 1 baths \| 1,444 sq.ft.	$120,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.33% Airbnb Rental Income: $null Traditional Rental Income: $1785 Airbnb ROI: N/A Traditional ROI: 10.33%
703 Elm Street Paw Paw, MI Welcome to 703 Elm Street in Paw Paw, Michigan -- 4 bedroom, 2 bath charming and establish...	4 beds \| 2 baths \| 1,730 sq.ft.	$210,000	Airbnb cash on cash: 4.62% Traditional cash on cash: 8% Airbnb Rental Income: $2160 Traditional Rental Income: $2284 Airbnb ROI: 4.62% Traditional ROI: 8%
51545 Summit Street Paw Paw, MI Quality all-brick ranch home on spring-fed Ackley Lake, featuring 123 feet of sandy fronta...	3 beds \| 2 baths \| 1,428 sq.ft.	$450,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.32% Airbnb Rental Income: $null Traditional Rental Income: $2375 Airbnb ROI: N/A Traditional ROI: 3.32%
27836 Manchester Circle Paw Paw, MI Spacious and well-maintained 3-bedroom, 2 full bath ranch home offering comfortable, singl...	3 beds \| 2 baths \| 2,432 sq.ft.	$359,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.05% Airbnb Rental Income: $null Traditional Rental Income: $2489 Airbnb ROI: N/A Traditional ROI: 5.05%
38338 64th Avenue Paw Paw, MI Tucked away on a little over 10 beautifully maintained acres in Paw Paw, this updated 3-be...	3 beds \| 2 baths \| 1,248 sq.ft.	$374,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.31% Airbnb Rental Income: $null Traditional Rental Income: $1869 Airbnb ROI: N/A Traditional ROI: 3.31%
506 N Kalamazoo Street Paw Paw, MI Back on market due to buyer job relocation and at no fault of sellers. If you've been look...	3 beds \| 2 baths \| 1,602 sq.ft.	$224,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.84% Airbnb Rental Income: $null Traditional Rental Income: $2149 Airbnb ROI: N/A Traditional ROI: 6.84%
35485 CR 665 Paw Paw, MI This 3 bedroom 2 bath home has so much to offer...including 165 foot of frontage on School...	3 beds \| 2 baths \| 2,040 sq.ft.	$489,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.04% Airbnb Rental Income: $null Traditional Rental Income: $2848 Airbnb ROI: N/A Traditional ROI: 4.04%
61117 County Road 653 Paw Paw, MI Step into this beautifully maintained, move-in-ready ranch that blends comfort, style, and...	3 beds \| 2 baths \| 1,620 sq.ft.	$345,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.94% Airbnb Rental Income: $null Traditional Rental Income: $2270 Airbnb ROI: N/A Traditional ROI: 4.94%
69193 Center Street Paw Paw, MI OPEN HOUSE May 17th 12-2PM Lake Front Living at an affordable price- Eagle Lake is an almo...	3 beds \| 3 baths \| 3,035 sq.ft.	$399,999	Airbnb cash on cash: N/A Traditional cash on cash: 6.99% Airbnb Rental Income: $null Traditional Rental Income: $3331 Airbnb ROI: N/A Traditional ROI: 6.99%
59282 County Road 653 Paw Paw, MI Tucked away on 10+ breathtaking acres filled with wildflowers, mature trees, private hikin...	4 beds \| 3 baths \| 2,144 sq.ft.	$559,000	Airbnb cash on cash: 0.86% Traditional cash on cash: 0.63% Airbnb Rental Income: $2160 Traditional Rental Income: $1490 Airbnb ROI: 0.86% Traditional ROI: 0.63%
49476 Fairbanks Avenue Paw Paw, MI Experience lakefront living at its finest in this exceptional 4 bedroom, 3 bathroom home w...	4 beds \| 3 baths \| 2,750 sq.ft.	$650,000	Airbnb cash on cash: 0.57% Traditional cash on cash: 0.37% Airbnb Rental Income: $2160 Traditional Rental Income: $1490 Airbnb ROI: 0.57% Traditional ROI: 0.37%
53322 Rolling Meadow Boulevard Paw Paw, MI Welcome home to this beautifully maintained 3-bedroom, 2-bath ranch conveniently located b...	3 beds \| 2 baths \| 1,360 sq.ft.	$318,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.5% Airbnb Rental Income: $null Traditional Rental Income: $2021 Airbnb ROI: N/A Traditional ROI: 4.5%
52821 County Road 657 Paw Paw, MI Well-maintained 2-bed, 1.5 bath home on a beautifully landscaped 1 ac lot, offering a bala...	2 beds \| 2 baths \| 1,068 sq.ft.	$279,000	Airbnb cash on cash: 0.04% Traditional cash on cash: 4.32% Airbnb Rental Income: $1030 Traditional Rental Income: $1795 Airbnb ROI: 0.04% Traditional ROI: 4.32%
51509 Summit Street Paw Paw, MI Growing up my family rented a lake cottage in Wisconsin every summer. My sisters & I have ...	3 beds \| 3 baths \| 1,864 sq.ft.	$525,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.69% Airbnb Rental Income: $null Traditional Rental Income: $2965 Airbnb ROI: N/A Traditional ROI: 3.69%
41341 Co Rd 665 Paw Paw, MI Calling all nature lovers! This tranquil property offers a 4 bed/1.5 bath home with breath...	4 beds \| 2 baths \| 1,723 sq.ft.	$409,921	Airbnb cash on cash: 2.14% Traditional cash on cash: 1.83% Airbnb Rental Income: $2160 Traditional Rental Income: $1490 Airbnb ROI: 2.14% Traditional ROI: 1.83%
31900 Pawton Lane Paw Paw, MI Beautifully cared for one owner home makes its market debut. This home is bright and cheer...	4 beds \| 4 baths \| 2,450 sq.ft.	$395,000	Airbnb cash on cash: 2.37% Traditional cash on cash: 6.37% Airbnb Rental Income: $2160 Traditional Rental Income: $3093 Airbnb ROI: 2.37% Traditional ROI: 6.37%
29561 E Red Arrow Highway Paw Paw, MI Exceptional Opportunity in the heart of Van Buren County! Nestled on 30 picturesque acres,...	5 beds \| 4 baths \| 2,597 sq.ft.	$995,000	Airbnb cash on cash: 4.96% Traditional cash on cash: 2.56% Airbnb Rental Income: $7273 Traditional Rental Income: $3642 Airbnb ROI: 4.96% Traditional ROI: 2.56%

Real Estate investment in Paw-paw, MI

There are 41 properties for sale in the city of Paw Paw . The median list price in Paw Paw is $328,500 and the average price per square foot is $161. In May 2026, the average monthly cash on cash return in Paw Paw is 5.00%. The average monthly rental income in Paw Paw is $2,166.

Paw-paw, MI Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 41 investment properties available for sale in Paw-paw.

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

The ROI for Long-Term is higher than the Short-Term in Paw-paw with average rental income of $2,166.

Your search for investment property begins and ends here

Investment Property for Sale in Paw Paw, MI

501 Marcelletti Avenue

Paw Paw, MI

3 beds | 1 baths | 2,400 sq.ft.

$309,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.66%

Airbnb Rental Income: $null

Traditional Rental Income: $1776

Airbnb ROI: N/A

Traditional ROI: 3.66%

630 E Saint Joseph Street

Paw Paw, MI

4 beds | N/A baths | N/A

$215,000

Airbnb cash on cash: 3.38%

Traditional cash on cash: 6.7%

Airbnb Rental Income: $2160

Traditional Rental Income: $2287

Airbnb ROI: 3.38%

Traditional ROI: 6.7%

45717 64th Avenue

Paw Paw, MI

3 beds | 2 baths | 1,235 sq.ft.

$240,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.58%

Airbnb Rental Income: $null

Traditional Rental Income: $1770

Airbnb ROI: N/A

Traditional ROI: 4.58%

51479 Summit Street

Paw Paw, MI

3 beds | 2 baths | 1,586 sq.ft.

$549,500

Airbnb cash on cash: N/A

Traditional cash on cash: 0.69%

Airbnb Rental Income: $null

Traditional Rental Income: $1859

Airbnb ROI: N/A

Traditional ROI: 0.69%

36862 49th Avenue

Paw Paw, MI

5 beds | 4 baths | 4,414 sq.ft.

$589,000

Airbnb cash on cash: 8.49%

Traditional cash on cash: 4.25%

Airbnb Rental Income: $7273

Traditional Rental Income: $3541

Airbnb ROI: 8.49%

Traditional ROI: 4.25%

501 E Paw Paw Street

Paw Paw, MI

3 beds | 1 baths | 1,658 sq.ft.

$180,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.9%

Airbnb Rental Income: $null

Traditional Rental Income: $1655

Airbnb ROI: N/A

Traditional ROI: 6.9%

65484 Parkwood Court

Paw Paw, MI

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

$260,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.61%

Airbnb Rental Income: $null

Traditional Rental Income: $2183

Airbnb ROI: N/A

Traditional ROI: 6.61%

51361 Summit Street

Paw Paw, MI

1 beds | 1 baths | 828 sq.ft.

$249,900

Airbnb cash on cash: 0.61%

Traditional cash on cash: 3.88%

Airbnb Rental Income: $1035

Traditional Rental Income: $1444

Airbnb ROI: 0.61%