Real Estate Investment Properties for Sale in Waterford, MI

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
274 Florawood Street Waterford, MI	3 beds \| 1 baths \| 1,155 sq.ft.	$214,900	Airbnb cash on cash: 4.69% Traditional cash on cash: 3.16% Airbnb Rental Income: $2151 Traditional Rental Income: $1292 Airbnb ROI: 4.69% Traditional ROI: 3.16%
399 Quail Ridge Court Waterford, MI Welcome Home! This original owner, Pulte home has 4 spacious bedrooms and 2.5-baths on a l...	4 beds \| 3 baths \| 2,112 sq.ft.	$419,000	Airbnb cash on cash: 4.48% Traditional cash on cash: 4.75% Airbnb Rental Income: $3352 Traditional Rental Income: $2708 Airbnb ROI: 4.48% Traditional ROI: 4.75%
1156 Julian Waterford, MI Welcome to the Parkway Ranch! This spacious 3-bedroom, 2.5-bath split ranch offers an exce...	3 beds \| 3 baths \| 1,788 sq.ft.	$554,900	Airbnb cash on cash: 1.62% Traditional cash on cash: 3.85% Airbnb Rental Income: $2151 Traditional Rental Income: $2762 Airbnb ROI: 1.62% Traditional ROI: 3.85%
1134 Julian Waterford, MI Welcome to the Norway Ranch! This beautifully designed new construction ranch offers 3 bed...	3 beds \| 2 baths \| 1,859 sq.ft.	$529,900	Airbnb cash on cash: 1.74% Traditional cash on cash: 3.86% Airbnb Rental Income: $2151 Traditional Rental Income: $2655 Airbnb ROI: 1.74% Traditional ROI: 3.86%
7641 Turrillium Lane Waterford, MI Nestled in Parkside Preserve, this 2,548 sq. ft. residence offers a refined blend of moder...	3 beds \| 3 baths \| 2,548 sq.ft.	$450,000	Airbnb cash on cash: 1.23% Traditional cash on cash: 4.37% Airbnb Rental Income: $2151 Traditional Rental Income: $2927 Airbnb ROI: 1.23% Traditional ROI: 4.37%
2020 Watkins Lake Road Waterford, MI New Construction Tudor on All-Sports Scott Lake! Don't miss this rare opportunity to own a...	3 beds \| 3 baths \| 2,240 sq.ft.	$717,000	Airbnb cash on cash: 1.09% Traditional cash on cash: 3.69% Airbnb Rental Income: $2151 Traditional Rental Income: $3340 Airbnb ROI: 1.09% Traditional ROI: 3.69%
2006 Watkins Lake Road Waterford, MI Welcome to a rare opportunity on the shores of Scott Lake - a magnificent 3,500 sq. ft. Tu...	5 beds \| 3 baths \| 3,500 sq.ft.	$1,207,000	Airbnb cash on cash: 0.25% Traditional cash on cash: 1.89% Airbnb Rental Income: $2288 Traditional Rental Income: $3551 Airbnb ROI: 0.25% Traditional ROI: 1.89%
995 N Cass Lake #221 Waterford, MI Beautifully updated condo close to shopping and M-59. HOA fees include Heat and water as w...	1 beds \| 1 baths \| 639 sq.ft.	$79,900	Airbnb cash on cash: 0.91% Traditional cash on cash: 6.68% Airbnb Rental Income: $1018 Traditional Rental Income: $1113 Airbnb ROI: 0.91% Traditional ROI: 6.68%
555 S Winding Drive Waterford, MI Welcome to this inviting, light-filled home in the coveted Elizabeth Lake Estates communit...	3 beds \| 3 baths \| 1,725 sq.ft.	$415,000	Airbnb cash on cash: 1.97% Traditional cash on cash: 5.11% Airbnb Rental Income: $2151 Traditional Rental Income: $2827 Airbnb ROI: 1.97% Traditional ROI: 5.11%
1008 Beachland Boulevard Waterford, MI Beautifully updated tri-level home in a highly sought-after Waterford neighbrohood with ac...	3 beds \| 2 baths \| 1,641 sq.ft.	$315,000	Airbnb cash on cash: 2.94% Traditional cash on cash: 5.78% Airbnb Rental Income: $2151 Traditional Rental Income: $2446 Airbnb ROI: 2.94% Traditional ROI: 5.78%
3841 Covert Waterford, MI A rare Waterford Colonial offering lake views, privacy, and 1.28 acres directly across fro...	4 beds \| 2 baths \| 2,633 sq.ft.	$489,000	Airbnb cash on cash: 3.96% Traditional cash on cash: 4.22% Airbnb Rental Income: $3352 Traditional Rental Income: $2725 Airbnb ROI: 3.96% Traditional ROI: 4.22%
2655 Elsinore Drive Waterford, MI Exceptionally maintained ranch in Waterford. This home offers a great floor plan with a to...	3 beds \| 2 baths \| 1,468 sq.ft.	$225,000	Airbnb cash on cash: 5.12% Traditional cash on cash: 8.51% Airbnb Rental Income: $2151 Traditional Rental Income: $2326 Airbnb ROI: 5.12% Traditional ROI: 8.51%
6550 Saline Drive Waterford, MI Charming 3-bedroom, 1-bath ranch in desirable Waterford. Expansive, partially covered fron...	3 beds \| 1 baths \| 1,012 sq.ft.	$185,000	Airbnb cash on cash: 6% Traditional cash on cash: 5.62% Airbnb Rental Income: $2151 Traditional Rental Income: $1537 Airbnb ROI: 6% Traditional ROI: 5.62%
3920 DILL Waterford, MI Invest with success and buy through Auction.com. This bank-owned investment property is a ...	4 beds \| 2 baths \| 2,005 sq.ft.	$312,000	Airbnb cash on cash: 6.65% Traditional cash on cash: 5.79% Airbnb Rental Income: $3352 Traditional Rental Income: $2351 Airbnb ROI: 6.65% Traditional ROI: 5.79%
3560 Dorothy Lane Waterford, MI	5 beds \| 1 baths \| 4,353 sq.ft.	$550,000	Airbnb cash on cash: 0.63% Traditional cash on cash: 6.79% Airbnb Rental Income: $2288 Traditional Rental Income: $4881 Airbnb ROI: 0.63% Traditional ROI: 6.79%
3306 Indianview Drive Waterford, MI Discover an exceptional opportunity to own a newly built Tudor-style home by Sandoval Home...	3 beds \| 3 baths \| 2,240 sq.ft.	$857,000	Airbnb cash on cash: -0.64% Traditional cash on cash: 0.97% Airbnb Rental Income: $2151 Traditional Rental Income: $2887 Airbnb ROI: -0.64% Traditional ROI: 0.97%
4960 Lake Point Waterford, MI Welcome to Hidden Harbor Condos-a rare opportunity to enjoy lake living in one of Waterfor...	3 beds \| 2 baths \| 1,634 sq.ft.	$289,900	Airbnb cash on cash: 1.77% Traditional cash on cash: 5.26% Airbnb Rental Income: $2151 Traditional Rental Income: $2558 Airbnb ROI: 1.77% Traditional ROI: 5.26%
4387 Sunburst Avenue Waterford, MI Nestled on a quiet street, this beautifully maintained contemporary 1.5 story home offers ...	3 beds \| 2 baths \| 1,839 sq.ft.	$325,000	Airbnb cash on cash: 3.02% Traditional cash on cash: 5.71% Airbnb Rental Income: $2151 Traditional Rental Income: $2426 Airbnb ROI: 3.02% Traditional ROI: 5.71%
6428 Saline Waterford, MI OPEN HOUSE SATURDAY MAY 30TH 11AM-1PM! Welcome to 6428 Saline Drive! This charming 3 bedro...	3 beds \| 2 baths \| 1,536 sq.ft.	$274,900	Airbnb cash on cash: 3.36% Traditional cash on cash: 5.54% Airbnb Rental Income: $2151 Traditional Rental Income: $2168 Airbnb ROI: 3.36% Traditional ROI: 5.54%
4125 Rural Street Waterford, MI 1st Floor Master Bedroom Beautiful Cape Cod house for sale on a very large private lot...	3 beds \| 4 baths \| 3,371 sq.ft.	$419,900	Airbnb cash on cash: 1.82% Traditional cash on cash: 6.2% Airbnb Rental Income: $2151 Traditional Rental Income: $3329 Airbnb ROI: 1.82% Traditional ROI: 6.2%
4912 Ashley Lane #84 Waterford, MI Lakefront living dreams come true on private, all-sports Eagle Lake spanning a sparkling 1...	2 beds \| 2 baths \| 1,556 sq.ft.	$164,000	Airbnb cash on cash: -2.22% Traditional cash on cash: 4.16% Airbnb Rental Income: $1105 Traditional Rental Income: $1731 Airbnb ROI: -2.22% Traditional ROI: 4.16%

Real Estate investment in Waterford, MI

There are 30 properties for sale in the city of Waterford . The median list price in Waterford is $309,000 and the average price per square foot is $167. In June 2026, the average monthly cash on cash return in Waterford is 5.00%. The average monthly rental income in Waterford is $2,389.

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

There are 30 investment properties available for sale in Waterford.

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

The ROI for Long-Term is higher than the Short-Term in Waterford with average rental income of $2,389.

Your search for investment property begins and ends here

Investment Property for Sale in Waterford, MI

274 Florawood Street

Waterford, MI

3 beds | 1 baths | 1,155 sq.ft.

$214,900

Airbnb cash on cash: 4.69%

Traditional cash on cash: 3.16%

Airbnb Rental Income: $2151

Traditional Rental Income: $1292

Airbnb ROI: 4.69%

Traditional ROI: 3.16%

399 Quail Ridge Court

Waterford, MI

4 beds | 3 baths | 2,112 sq.ft.

$419,000

Airbnb cash on cash: 4.48%

Traditional cash on cash: 4.75%

Airbnb Rental Income: $3352

Traditional Rental Income: $2708

Airbnb ROI: 4.48%

Traditional ROI: 4.75%

1156 Julian

Waterford, MI

3 beds | 3 baths | 1,788 sq.ft.

$554,900

Airbnb cash on cash: 1.62%

Traditional cash on cash: 3.85%

Airbnb Rental Income: $2151

Traditional Rental Income: $2762

Airbnb ROI: 1.62%

Traditional ROI: 3.85%

1134 Julian

Waterford, MI

3 beds | 2 baths | 1,859 sq.ft.

$529,900

Airbnb cash on cash: 1.74%

Traditional cash on cash: 3.86%

Airbnb Rental Income: $2151

Traditional Rental Income: $2655

Airbnb ROI: 1.74%

Traditional ROI: 3.86%

7641 Turrillium Lane

Waterford, MI

3 beds | 3 baths | 2,548 sq.ft.

$450,000

Airbnb cash on cash: 1.23%

Traditional cash on cash: 4.37%

Airbnb Rental Income: $2151

Traditional Rental Income: $2927

Airbnb ROI: 1.23%

Traditional ROI: 4.37%

2020 Watkins Lake Road

Waterford, MI

3 beds | 3 baths | 2,240 sq.ft.

$717,000

Airbnb cash on cash: 1.09%

Traditional cash on cash: 3.69%

Airbnb Rental Income: $2151

Traditional Rental Income: $3340

Airbnb ROI: 1.09%

Traditional ROI: 3.69%

2006 Watkins Lake Road

Waterford, MI

5 beds | 3 baths | 3,500 sq.ft.

$1,207,000

Airbnb cash on cash: 0.25%

Traditional cash on cash: 1.89%

Airbnb Rental Income: $2288

Traditional Rental Income: $3551

Airbnb ROI: 0.25%

Traditional ROI: 1.89%

995 N Cass Lake #221

Waterford, MI

1 beds | 1 baths | 639 sq.ft.

$79,900

Airbnb cash on cash: 0.91%

Traditional cash on cash: 6.68%

Airbnb Rental Income: $1018

Traditional Rental Income: $1113

Airbnb ROI: 0.91%