Real Estate Investment Properties for Sale in Vandalia, MI

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
59131 White Temple Rd Vandalia, MI Great Country location north of Vandalia. This Move-in condition ranch style home with m...	3 beds \| 2 baths \| 1,549 sq.ft.	$189,000	Airbnb cash on cash: 3.77% Traditional cash on cash: 9.28% Airbnb Rental Income: $1759 Traditional Rental Income: $2267 Airbnb ROI: 3.77% Traditional ROI: 9.28%
17812 Arnwine Dr Vandalia, MI Welcome to 17812 Arnwine Drive in Vandalia, Michigan--an absolutely stunning waterfront re...	3 beds \| 2 baths \| 3,349 sq.ft.	$850,000	Airbnb cash on cash: -1.17% Traditional cash on cash: 0.19% Airbnb Rental Income: $1759 Traditional Rental Income: $2352 Airbnb ROI: -1.17% Traditional ROI: 0.19%
16069 Vans Lane Vandalia, MI Estate Property 152 ft on Lewis Lake with access to Donnell Lake. 2888 sq ft. 4 bedroom, 3...	4 beds \| 3 baths \| 2,888 sq.ft.	$425,000	Airbnb cash on cash: 1.5% Traditional cash on cash: 5.55% Airbnb Rental Income: $2231 Traditional Rental Income: $3284 Airbnb ROI: 1.5% Traditional ROI: 5.55%
61272 Lewis Lake Rd Vandalia, MI Enjoy the best of both worlds with this beautifully updated lakefront home on peaceful Lew...	3 beds \| 1 baths \| 1,080 sq.ft.	$280,000	Airbnb cash on cash: 2.86% Traditional cash on cash: 7.73% Airbnb Rental Income: $1759 Traditional Rental Income: $2562 Airbnb ROI: 2.86% Traditional ROI: 7.73%
#15 Long Lake Dr #15 Vandalia, MI #15 Long Lake Dr #15, Vandalia, MI 49031 \| Other	N/A beds \| N/A baths \| N/A	$69,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.95% Airbnb Rental Income: $null Traditional Rental Income: $789 Airbnb ROI: N/A Traditional ROI: 5.95%
58480 Kirk Lake Rd Vandalia, MI 58480 Kirk Lake Rd, Vandalia, MI 49095 \| Other	N/A beds \| N/A baths \| N/A	$165,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.4% Airbnb Rental Income: $null Traditional Rental Income: $866 Airbnb ROI: N/A Traditional ROI: 2.4%
15420 Joseph St Vandalia, MI Stunning year-round 4-bedroom, 3-1/2 bath lake home on highly desirable Shavehead Lake (MI...	4 beds \| 3 baths \| 1,994 sq.ft.	$899,000	Airbnb cash on cash: 0.48% Traditional cash on cash: 2.54% Airbnb Rental Income: $2231 Traditional Rental Income: $3396 Airbnb ROI: 0.48% Traditional ROI: 2.54%
59757 White Temple Road Vandalia, MI Enjoy breathtaking sunrise and sunset views from this charming farmhouse, perfectly set on...	5 beds \| 2 baths \| 3,434 sq.ft.	$300,000	Airbnb cash on cash: 6.26% Traditional cash on cash: 7.93% Airbnb Rental Income: $3100 Traditional Rental Income: $2867 Airbnb ROI: 6.26% Traditional ROI: 7.93%
64277 Union Road Vandalia, MI Welcome home, this Manufactured home offers loads of potential on over 17 acres of land. W...	3 beds \| 2 baths \| 1,216 sq.ft.	$215,000	Airbnb cash on cash: 4.39% Traditional cash on cash: 8.59% Airbnb Rental Income: $1759 Traditional Rental Income: $2134 Airbnb ROI: 4.39% Traditional ROI: 8.59%
Lot #10 Long Lake Dr Vandalia, MI Lot #10 Long Lake Dr, Vandalia, MI 49031 \| Other	N/A beds \| N/A baths \| N/A	$156,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.92% Airbnb Rental Income: $null Traditional Rental Income: $906 Airbnb ROI: N/A Traditional ROI: 2.92%
63238 Kinsey Street Vandalia, MI Welcome to peaceful lake living on beautiful Birch Lake! This move-in ready 2020 ranch off...	3 beds \| 2 baths \| 1,296 sq.ft.	$374,900	Airbnb cash on cash: 1.68% Traditional cash on cash: 5.19% Airbnb Rental Income: $1759 Traditional Rental Income: $2511 Airbnb ROI: 1.68% Traditional ROI: 5.19%
17625 E State Street Vandalia, MI Farmhouse on nearly 1 acre - Main-level primary bedroom - Detached 2-car garage. Located i...	3 beds \| 2 baths \| 1,303 sq.ft.	$169,000	Airbnb cash on cash: 5.59% Traditional cash on cash: 11.37% Airbnb Rental Income: $1759 Traditional Rental Income: $2208 Airbnb ROI: 5.59% Traditional ROI: 11.37%
61486 Donald Roadway W Vandalia, MI 61486 Donald Roadway W, Vandalia, MI 49095 \| Single Family Residential	5 beds \| 2 baths \| 1,988 sq.ft.	$825,000	Airbnb cash on cash: 0.46% Traditional cash on cash: 0.9% Airbnb Rental Income: $3100 Traditional Rental Income: $2728 Airbnb ROI: 0.46% Traditional ROI: 0.9%
16036 Lewis Lake Dr Vandalia, MI Lewis Lake (20+/- acres)(no wake lake) is a good fishing lake that is connected to Donnell...	4 beds \| 2 baths \| 2,828 sq.ft.	$798,000	Airbnb cash on cash: 0.68% Traditional cash on cash: 3.3% Airbnb Rental Income: $2231 Traditional Rental Income: $3615 Airbnb ROI: 0.68% Traditional ROI: 3.3%
63228 Kinsey St Vandalia, MI Year Round 1 bedroom Cottage on Birch Lake. Large Deck and Deck with Firepit with views of...	1 beds \| 1 baths \| 560 sq.ft.	$260,000	Airbnb cash on cash: 0.32% Traditional cash on cash: 3.74% Airbnb Rental Income: $815 Traditional Rental Income: $1329 Airbnb ROI: 0.32% Traditional ROI: 3.74%
64136 Union Road Vandalia, MI Welcome to peaceful country living in this beautiful ranch home, built just 5 years ago an...	3 beds \| 2 baths \| 2,000 sq.ft.	$349,900	Airbnb cash on cash: 1.71% Traditional cash on cash: 6.72% Airbnb Rental Income: $1759 Traditional Rental Income: $2922 Airbnb ROI: 1.71% Traditional ROI: 6.72%
16639 Lakeview Dr Vandalia, MI This home is absolutely turn-key, stunning, and has quality workmanship and upgraded detai...	3 beds \| 2 baths \| 2,227 sq.ft.	$875,000	Airbnb cash on cash: 0.42% Traditional cash on cash: 2.14% Airbnb Rental Income: $1759 Traditional Rental Income: $2672 Airbnb ROI: 0.42% Traditional ROI: 2.14%
64030 Chain Lake St Vandalia, MI 64030 Chain Lake St, Vandalia, MI 49031 \| Single Family Residential	4 beds \| 3 baths \| 1,902 sq.ft.	$3,400,000	Airbnb cash on cash: -2.03% Traditional cash on cash: -1.64% Airbnb Rental Income: $2231 Traditional Rental Income: $2925 Airbnb ROI: -2.03% Traditional ROI: -1.64%
17883 Paradise Lk Vandalia, MI 17883 Paradise Lk, Vandalia, MI 49095 \| Single Family Residential	4 beds \| 3 baths \| 4,316 sq.ft.	$1,350,000	Airbnb cash on cash: -1.28% Traditional cash on cash: 0.08% Airbnb Rental Income: $2231 Traditional Rental Income: $3373 Airbnb ROI: -1.28% Traditional ROI: 0.08%
17761 Paradise Lake Rd Vandalia, MI 17761 Paradise Lake Rd, Vandalia, MI 49095 \| Other	N/A beds \| N/A baths \| N/A	$425,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.21% Airbnb Rental Income: $null Traditional Rental Income: $1014 Airbnb ROI: N/A Traditional ROI: -0.21%
14866 Birch Lake Shore Dr Vandalia, MI 14866 Birch Lake Shore Dr, Vandalia, MI 49095 \| Single Family Residential	4 beds \| 3 baths \| 2,645 sq.ft.	$1,100,000	Airbnb cash on cash: -0.99% Traditional cash on cash: 0.61% Airbnb Rental Income: $2231 Traditional Rental Income: $3303 Airbnb ROI: -0.99% Traditional ROI: 0.61%

Real Estate investment in Vandalia, MI

There are 25 properties for sale in the city of Vandalia . The median list price in Vandalia is $1,050,000 and the average price per square foot is $578. In September 2026, the average monthly cash on cash return in Vandalia is 4.00%. The average monthly rental income in Vandalia is $2,617.

Vandalia, MI Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 25 investment properties available for sale in Vandalia.

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

The ROI for Long-Term is higher than the Short-Term in Vandalia with average rental income of $2,617.

Your search for investment property begins and ends here

Investment Property for Sale in Vandalia, MI

59131 White Temple Rd

Vandalia, MI

3 beds | 2 baths | 1,549 sq.ft.

$189,000

Airbnb cash on cash: 3.77%

Traditional cash on cash: 9.28%

Airbnb Rental Income: $1759

Traditional Rental Income: $2267

Airbnb ROI: 3.77%

Traditional ROI: 9.28%

17812 Arnwine Dr

Vandalia, MI

3 beds | 2 baths | 3,349 sq.ft.

$850,000

Airbnb cash on cash: -1.17%

Traditional cash on cash: 0.19%

Airbnb Rental Income: $1759

Traditional Rental Income: $2352

Airbnb ROI: -1.17%

Traditional ROI: 0.19%

16069 Vans Lane

Vandalia, MI

4 beds | 3 baths | 2,888 sq.ft.

$425,000

Airbnb cash on cash: 1.5%

Traditional cash on cash: 5.55%

Airbnb Rental Income: $2231

Traditional Rental Income: $3284

Airbnb ROI: 1.5%

Traditional ROI: 5.55%

61272 Lewis Lake Rd

Vandalia, MI

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

$280,000

Airbnb cash on cash: 2.86%

Traditional cash on cash: 7.73%

Airbnb Rental Income: $1759

Traditional Rental Income: $2562

Airbnb ROI: 2.86%

Traditional ROI: 7.73%

#15 Long Lake Dr #15

Vandalia, MI

N/A beds | N/A baths | N/A

$69,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.95%

Airbnb Rental Income: $null

Traditional Rental Income: $789

Airbnb ROI: N/A

Traditional ROI: 5.95%

58480 Kirk Lake Rd

Vandalia, MI

N/A beds | N/A baths | N/A

$165,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.4%

Airbnb Rental Income: $null

Traditional Rental Income: $866

Airbnb ROI: N/A

Traditional ROI: 2.4%

15420 Joseph St

Vandalia, MI

4 beds | 3 baths | 1,994 sq.ft.

$899,000

Airbnb cash on cash: 0.48%

Traditional cash on cash: 2.54%

Airbnb Rental Income: $2231

Traditional Rental Income: $3396

Airbnb ROI: 0.48%

Traditional ROI: 2.54%

59757 White Temple Road

Vandalia, MI

5 beds | 2 baths | 3,434 sq.ft.

$300,000

Airbnb cash on cash: 6.26%

Traditional cash on cash: 7.93%

Airbnb Rental Income: $3100

Traditional Rental Income: $2867

Airbnb ROI: 6.26%