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

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
510 Cedar Street Paw Paw, MI This Turn-key-investment is Now Available! A Great! 2-unit Duplex; Fully occupied, with Ci...	3 beds \| N/A baths \| N/A	$217,000	Airbnb cash on cash: 4.92% Traditional cash on cash: 3.71% Airbnb Rental Income: $2358 Traditional Rental Income: $1528 Airbnb ROI: 4.92% Traditional ROI: 3.71%
37137 30th Street Paw Paw, MI Escape to the peace and privacy of 21 beautiful acres just 9 miles from Kalamazoo! This on...	3 beds \| N/A baths \| 1,547 sq.ft.	$470,000	Airbnb cash on cash: 1.99% Traditional cash on cash: 2.9% Airbnb Rental Income: $2358 Traditional Rental Income: $2177 Airbnb ROI: 1.99% Traditional ROI: 2.9%
514 N Kalamazoo Street Paw Paw, MI Spectacularly Beautiful 4-5 Bedrooms 2 Full Baths Home! NEW ROOF! NEW FLOORING! NEW WINDOW...	4 beds \| 2 baths \| 2,392 sq.ft.	$249,900	Airbnb cash on cash: 6.49% Traditional cash on cash: 7.23% Airbnb Rental Income: $2909 Traditional Rental Income: $2410 Airbnb ROI: 6.49% Traditional ROI: 7.23%
210 Drew Street Paw Paw, MI Charming farmhouse in the Village of Paw Paw, across the street from Maple Lake and just a...	4 beds \| N/A baths \| 1,034 sq.ft.	$209,900	Airbnb cash on cash: 7.63% Traditional cash on cash: 6.08% Airbnb Rental Income: $2909 Traditional Rental Income: $1927 Airbnb ROI: 7.63% Traditional ROI: 6.08%
403 Elm Street Paw Paw, MI Great Paw Paw home ready for new owners! This adorable 4 bed 2 bath home is right in the h...	4 beds \| 2 baths \| 2,170 sq.ft.	$259,000	Airbnb cash on cash: 5.25% Traditional cash on cash: 4.26% Airbnb Rental Income: $2909 Traditional Rental Income: $1994 Airbnb ROI: 5.25% Traditional ROI: 4.26%
55800 30th Street Paw Paw, MI This sharp 2016-built home is the perfect mix of modern features & rustic charm! Nestled o...	3 beds \| 2 baths \| 1,560 sq.ft.	$360,000	Airbnb cash on cash: 2.66% Traditional cash on cash: 3.14% Airbnb Rental Income: $2358 Traditional Rental Income: $1939 Airbnb ROI: 2.66% Traditional ROI: 3.14%
33250 Bernice Avenue Paw Paw, MI Welcome home to this spacious/stylish tri-level on a quiet dead-end road. Located in sough...	3 beds \| 2 baths \| 1,335 sq.ft.	$269,900	Airbnb cash on cash: 4.51% Traditional cash on cash: 5.44% Airbnb Rental Income: $2358 Traditional Rental Income: $2012 Airbnb ROI: 4.51% Traditional ROI: 5.44%
36862 49th Avenue Paw Paw, MI Don't miss out on nearly 50 acres of paradise. This beautifully updated 5 bedroom, 4 bath,...	5 beds \| N/A baths \| 4,414 sq.ft.	$749,900	Airbnb cash on cash: 4.16% Traditional cash on cash: 3.13% Airbnb Rental Income: $5335 Traditional Rental Income: $3541 Airbnb ROI: 4.16% Traditional ROI: 3.13%
36973 County Road 665 Paw Paw, MI Located in Southwest Michigan, this 2,300-square-foot custom-built home features 4 bedroom...	4 beds \| 3 baths \| 2,336 sq.ft.	$725,000	Airbnb cash on cash: 1.38% Traditional cash on cash: 2.5% Airbnb Rental Income: $2909 Traditional Rental Income: $2991 Airbnb ROI: 1.38% Traditional ROI: 2.5%
201 E Michigan Avenue unit: 2C #2C Paw Paw, MI Step into a beautifully renovated, 2 bedroom, one-bath condo in the heart of Paw Paw, wher...	2 beds \| 1 baths \| 600 sq.ft.	$145,000	Airbnb cash on cash: 9.84% Traditional cash on cash: 5.18% Airbnb Rental Income: $2311 Traditional Rental Income: $1089 Airbnb ROI: 9.84% Traditional ROI: 5.18%
30694 Mission Street Paw Paw, MI New construction home in Vintage Point, located in Paw Paw school district move-in ready! ...	4 beds \| N/A baths \| 2,393 sq.ft.	$379,900	Airbnb cash on cash: 4.9% Traditional cash on cash: 7.05% Airbnb Rental Income: $2909 Traditional Rental Income: $3003 Airbnb ROI: 4.9% Traditional ROI: 7.05%
44850 Woodman Drive Paw Paw, MI Lake memories with the family are the best memories! If you have been dreaming of a lake h...	3 beds \| 2 baths \| 2,296 sq.ft.	$779,000	Airbnb cash on cash: 0.49% Traditional cash on cash: 1.98% Airbnb Rental Income: $2358 Traditional Rental Income: $2857 Airbnb ROI: 0.49% Traditional ROI: 1.98%
32787 Bradeen Avenue Paw Paw, MI Price Reduced! Spacious New Construction Walkout Ranch Don't let the exterior fool you-thi...	4 beds \| 3 baths \| 2,306 sq.ft.	$375,000	Airbnb cash on cash: 4.82% Traditional cash on cash: 7.23% Airbnb Rental Income: $2909 Traditional Rental Income: $3080 Airbnb ROI: 4.82% Traditional ROI: 7.23%
61473 M 40 Paw Paw, MI Bursting with potential, this quaint ranch style house is ready to be turned into a home! ...	3 beds \| 1 baths \| 1,373 sq.ft.	$160,000	Airbnb cash on cash: 8.93% Traditional cash on cash: 8.8% Airbnb Rental Income: $2358 Traditional Rental Income: $1756 Airbnb ROI: 8.93% Traditional ROI: 8.8%
600 W Michigan Avenue Paw Paw, MI 11-unit apartment building in a great location, just walking distance to downtown Paw Paw....	22 beds \| N/A baths \| N/A	$1,100,000	Airbnb cash on cash: 2.26% Traditional cash on cash: -0.4% Airbnb Rental Income: $5335 Traditional Rental Income: $1531 Airbnb ROI: 2.26% Traditional ROI: -0.4%
38347 Co Rd 374 Paw Paw, MI Experience serene country living just minutes from downtown Paw Paw! This custom-built, on...	3 beds \| N/A baths \| 2,308 sq.ft.	$524,900	Airbnb cash on cash: 1.68% Traditional cash on cash: 4.23% Airbnb Rental Income: $2358 Traditional Rental Income: $3030 Airbnb ROI: 1.68% Traditional ROI: 4.23%
34830 Riverview Drive Paw Paw, MI Spacious 4-bedroom home on over 2 serene acres in Riverdale Estates, just north of Paw Paw...	4 beds \| 3 baths \| 2,672 sq.ft.	$379,000	Airbnb cash on cash: 4.07% Traditional cash on cash: 6.48% Airbnb Rental Income: $2909 Traditional Rental Income: $3093 Airbnb ROI: 4.07% Traditional ROI: 6.48%
43618 Carla Drive Paw Paw, MI Tucked away in peaceful Keepsake Shores on Eagle Lake. This charming 2,264 square foot Cap...	4 beds \| N/A baths \| 2,264 sq.ft.	$349,900	Airbnb cash on cash: 4.1% Traditional cash on cash: 6.22% Airbnb Rental Income: $2909 Traditional Rental Income: $2934 Airbnb ROI: 4.1% Traditional ROI: 6.22%
52700 Ackley Terrace Paw Paw, MI Welcome to this spacious ranch-style home nestled at the end of a quiet cul-de-sac in Paw ...	2 beds \| 2 baths \| 1,513 sq.ft.	$289,900	Airbnb cash on cash: 4.15% Traditional cash on cash: 5.58% Airbnb Rental Income: $2311 Traditional Rental Income: $2127 Airbnb ROI: 4.15% Traditional ROI: 5.58%
32966 Crescent Drive Paw Paw, MI Exceptionally Beautiful Colonial Home This newly remodeled and splendidly updated 5-bedroo...	5 beds \| 3 baths \| 4,912 sq.ft.	$449,900	Airbnb cash on cash: 7.41% Traditional cash on cash: 6.88% Airbnb Rental Income: $5335 Traditional Rental Income: $4034 Airbnb ROI: 7.41% Traditional ROI: 6.88%
642 N Kalamazoo Street Paw Paw, MI Welcome to your lakefront getaway! This 3-bedroom, 2-bath home sits on a spacious 0.87-acr...	3 beds \| 2 baths \| 2,300 sq.ft.	$273,900	Airbnb cash on cash: 4.19% Traditional cash on cash: 8.62% Airbnb Rental Income: $2358 Traditional Rental Income: $2920 Airbnb ROI: 4.19% Traditional ROI: 8.62%
37858 County Road 665 Paw Paw, MI WELCOME to your PEACEFUL, PRISTINE 4.38 acre WATERFRONT RETREAT! You will be SURROUNDED BY...	1 beds \| 2 baths \| 1,420 sq.ft.	$449,000	Airbnb cash on cash: 0.23% Traditional cash on cash: 3.57% Airbnb Rental Income: $1161 Traditional Rental Income: $2181 Airbnb ROI: 0.23% Traditional ROI: 3.57%
35684 M-43 Paw Paw, MI Experience the perfect blend of modern luxury and serene country living in this beautifull...	3 beds \| N/A baths \| 2,076 sq.ft.	$775,000	Airbnb cash on cash: 0.54% Traditional cash on cash: 2.25% Airbnb Rental Income: $2358 Traditional Rental Income: $3010 Airbnb ROI: 0.54% Traditional ROI: 2.25%
35918 Riverview Drive Paw Paw, MI See this spacious 3 bedroom. 1.5 bath home with new 12 X 16 addition added in 2014. Specia...	3 beds \| N/A baths \| 1,500 sq.ft.	$275,000	Airbnb cash on cash: 4.95% Traditional cash on cash: 6.52% Airbnb Rental Income: $2358 Traditional Rental Income: $2182 Airbnb ROI: 4.95% Traditional ROI: 6.52%
51765 Easy Street Paw Paw, MI LAKE HOUSE on 65 Acre All Sports PRIVATE ACKLEY Lake. 3 Bed, 1 Bath home. This lakeside es...	3 beds \| 1 baths \| 1,432 sq.ft.	$380,000	Airbnb cash on cash: 3.26% Traditional cash on cash: 3.67% Airbnb Rental Income: $2358 Traditional Rental Income: $1924 Airbnb ROI: 3.26% Traditional ROI: 3.67%
37057 Marrion Court Paw Paw, MI LAKE BROWNWOOD ACCESS included in this 4 BR, 2 FULL BA home which provides the functionali...	4 beds \| 2 baths \| 2,329 sq.ft.	$269,000	Airbnb cash on cash: 6.65% Traditional cash on cash: 8.21% Airbnb Rental Income: $2909 Traditional Rental Income: $2633 Airbnb ROI: 6.65% Traditional ROI: 8.21%
31715 30th Street Paw Paw, MI Nice ranch home in Paw Paw. Excellent location, convenient to Kalamazoo and the lakeshore....	3 beds \| N/A baths \| 1,384 sq.ft.	$279,900	Airbnb cash on cash: 4.34% Traditional cash on cash: 5.57% Airbnb Rental Income: $2358 Traditional Rental Income: $2102 Airbnb ROI: 4.34% Traditional ROI: 5.57%
36561 M 40 Paw Paw, MI Waiting for you, this 1.5 story home offers 1200 SF and 16 beautiful acres. There are 3 la...	3 beds \| 2 baths \| 1,200 sq.ft.	$329,900	Airbnb cash on cash: 3.53% Traditional cash on cash: 4.13% Airbnb Rental Income: $2358 Traditional Rental Income: $1962 Airbnb ROI: 3.53% Traditional ROI: 4.13%
46412 County Road 374 Paw Paw, MI Enjoy Peaceful Country Living in Paw Paw! This like-new 3 bed, 2 bath ranch sits on a spac...	3 beds \| 2 baths \| 1,790 sq.ft.	$279,000	Airbnb cash on cash: 4.2% Traditional cash on cash: 7.35% Airbnb Rental Income: $2358 Traditional Rental Income: $2602 Airbnb ROI: 4.2% Traditional ROI: 7.35%
41692 30th Street Paw Paw, MI Stately Hobby Farm Estate placed on 10 acres. Owners have given much love and care as they...	3 beds \| N/A baths \| 1,659 sq.ft.	$399,900	Airbnb cash on cash: 2.89% Traditional cash on cash: 5.41% Airbnb Rental Income: $2358 Traditional Rental Income: $2724 Airbnb ROI: 2.89% Traditional ROI: 5.41%
47177 Klett Rd Paw Paw, MI Welcome to this charming ranch on a premier 0.45-acre corner lot. This well-maintained 3 B...	3 beds \| N/A baths \| 1,724 sq.ft.	$269,000	Airbnb cash on cash: 4.99% Traditional cash on cash: 7.14% Airbnb Rental Income: $2358 Traditional Rental Income: $2321 Airbnb ROI: 4.99% Traditional ROI: 7.14%
51361 Summit Street Paw Paw, MI This charming bungalow on the 65-acre, all-sports Ackley Lake offers not just a home, but ...	1 beds \| 1 baths \| 828 sq.ft.	$299,000	Airbnb cash on cash: 0.74% Traditional cash on cash: 3.1% Airbnb Rental Income: $1161 Traditional Rental Income: $1444 Airbnb ROI: 0.74% Traditional ROI: 3.1%
28313 58th Avenue Paw Paw, MI Don't miss your opportunity to see this gorgeous ranch style home sitting on just over hal...	3 beds \| N/A baths \| 2,112 sq.ft.	$279,000	Airbnb cash on cash: 4.65% Traditional cash on cash: 7.58% Airbnb Rental Income: $2358 Traditional Rental Income: $2546 Airbnb ROI: 4.65% Traditional ROI: 7.58%
34655 38th Avenue Paw Paw, MI BEAUTIFUL HOME, 33 WOODED ACRES OF HUNTING GROUND WITH MOWED TRAILS, STUNNING IN-GROUND PO...	3 beds \| N/A baths \| 1,872 sq.ft.	$549,900	Airbnb cash on cash: 1.76% Traditional cash on cash: 3.39% Airbnb Rental Income: $2358 Traditional Rental Income: $2613 Airbnb ROI: 1.76% Traditional ROI: 3.39%
119 Elm Street Paw Paw, MI CLASSIC COLONIAL turn of the century home featuring SPECTACULAR LANDSCAPING, fenced in yar...	2 beds \| N/A baths \| 2,149 sq.ft.	$249,900	Airbnb cash on cash: 4.18% Traditional cash on cash: 7.11% Airbnb Rental Income: $2311 Traditional Rental Income: $2429 Airbnb ROI: 4.18% Traditional ROI: 7.11%
501 Paw Paw Paw Paw, MI Newly Remodeled! Newly Painted! New Flooring, New Carpeting, New Doors, New Lighting, New ...	3 beds \| 1 baths \| 1,658 sq.ft.	$219,000	Airbnb cash on cash: 6.13% Traditional cash on cash: 5.77% Airbnb Rental Income: $2358 Traditional Rental Income: $1701 Airbnb ROI: 6.13% Traditional ROI: 5.77%
406 Lake Boulevard Paw Paw, MI Welcome to your serene escape on Ismons Pond! This spacious 4-bedroom, 2-bathroom ranch pe...	4 beds \| 2 baths \| 2,804 sq.ft.	$349,900	Airbnb cash on cash: 4.5% Traditional cash on cash: 7.05% Airbnb Rental Income: $2909 Traditional Rental Income: $3075 Airbnb ROI: 4.5% Traditional ROI: 7.05%
38480 N M 40 Highway Paw Paw, MI Discover the timeless character of this Paw Paw farmhouse, perfectly set on 2.01 scenic ac...	4 beds \| N/A baths \| 1,700 sq.ft.	$339,900	Airbnb cash on cash: 4.85% Traditional cash on cash: 5.37% Airbnb Rental Income: $2909 Traditional Rental Income: $2402 Airbnb ROI: 4.85% Traditional ROI: 5.37%
37129 Marrion Court Paw Paw, MI Move-in ready! 3-bedroom, 1-bath home in a quiet neighborhood with lake access right acros...	3 beds \| 1 baths \| 1,887 sq.ft.	$186,000	Airbnb cash on cash: 7.4% Traditional cash on cash: 7.27% Airbnb Rental Income: $2358 Traditional Rental Income: $1753 Airbnb ROI: 7.4% Traditional ROI: 7.27%
59080 County Road 653 Paw Paw, MI Welcome to your own peaceful escape! Private 3 Bed, 2 Bath Ranch on 11 Wooded Acres - Full...	3 beds \| 2 baths \| 1,352 sq.ft.	$275,000	Airbnb cash on cash: 4.7% Traditional cash on cash: 5.84% Airbnb Rental Income: $2358 Traditional Rental Income: $2074 Airbnb ROI: 4.7% Traditional ROI: 5.84%

Real Estate investment in Paw-paw, MI

There are 43 properties for sale in the city of Paw Paw . The median list price in Paw Paw is $279,000 and the average price per square foot is $150. In October 2025, the average monthly cash on cash return in Paw Paw is 6.00%. The average monthly rental income in Paw Paw is $2,179.

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

There are 43 investment properties available for sale in Paw-paw.

In 2025, 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 $2,179.

Your search for investment property begins and ends here

Investment Property for Sale in Paw Paw, MI

510 Cedar Street

Paw Paw, MI

3 beds | N/A baths | N/A

$217,000

Airbnb cash on cash: 4.92%

Traditional cash on cash: 3.71%

Airbnb Rental Income: $2358

Traditional Rental Income: $1528

Airbnb ROI: 4.92%

Traditional ROI: 3.71%

37137 30th Street

Paw Paw, MI

3 beds | N/A baths | 1,547 sq.ft.

$470,000

Airbnb cash on cash: 1.99%

Traditional cash on cash: 2.9%

Airbnb Rental Income: $2358

Traditional Rental Income: $2177

Airbnb ROI: 1.99%

Traditional ROI: 2.9%

514 N Kalamazoo Street

Paw Paw, MI

4 beds | 2 baths | 2,392 sq.ft.

$249,900

Airbnb cash on cash: 6.49%

Traditional cash on cash: 7.23%

Airbnb Rental Income: $2909

Traditional Rental Income: $2410

Airbnb ROI: 6.49%

Traditional ROI: 7.23%

210 Drew Street

Paw Paw, MI

4 beds | N/A baths | 1,034 sq.ft.

$209,900

Airbnb cash on cash: 7.63%

Traditional cash on cash: 6.08%

Airbnb Rental Income: $2909

Traditional Rental Income: $1927

Airbnb ROI: 7.63%

Traditional ROI: 6.08%

403 Elm Street

Paw Paw, MI

4 beds | 2 baths | 2,170 sq.ft.

$259,000

Airbnb cash on cash: 5.25%

Traditional cash on cash: 4.26%

Airbnb Rental Income: $2909

Traditional Rental Income: $1994

Airbnb ROI: 5.25%

Traditional ROI: 4.26%

55800 30th Street

Paw Paw, MI

3 beds | 2 baths | 1,560 sq.ft.

$360,000

Airbnb cash on cash: 2.66%

Traditional cash on cash: 3.14%

Airbnb Rental Income: $2358

Traditional Rental Income: $1939

Airbnb ROI: 2.66%

Traditional ROI: 3.14%

33250 Bernice Avenue

Paw Paw, MI

3 beds | 2 baths | 1,335 sq.ft.

$269,900

Airbnb cash on cash: 4.51%

Traditional cash on cash: 5.44%

Airbnb Rental Income: $2358

Traditional Rental Income: $2012

Airbnb ROI: 4.51%

Traditional ROI: 5.44%

36862 49th Avenue

Paw Paw, MI

5 beds | N/A baths | 4,414 sq.ft.

$749,900

Airbnb cash on cash: 4.16%

Traditional cash on cash: 3.13%

Airbnb Rental Income: $5335

Traditional Rental Income: $3541

Airbnb ROI: 4.16%