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
4773 Chipman Drive Waterford, MI This beautiful Cass Lake home, offering water views from most rooms, is ready for you! Ste...	4 beds \| 3 baths \| 1,422 sq.ft.	$449,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.69% Airbnb Rental Income: $null Traditional Rental Income: $2566 Airbnb ROI: N/A Traditional ROI: 2.69%
5737 Shetland Way Waterford, MI Welcome to this recently updated split level in a highly desirable neighborhood of Waterfo...	3 beds \| 2 baths \| 2,210 sq.ft.	$300,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.07% Airbnb Rental Income: $null Traditional Rental Income: $2416 Airbnb ROI: N/A Traditional ROI: 6.07%
5410 Vincent Ave Waterford, MI Perfect investment opportunity! 2 bedroom and 1 bath Ranch with a spacious backyard and a ...	2 beds \| 1 baths \| 720 sq.ft.	$170,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.99% Airbnb Rental Income: $null Traditional Rental Income: $1073 Airbnb ROI: N/A Traditional ROI: 3.99%
2420 Jones Rd Waterford, MI Welcome home! This beautiful gem was built in 2015 and is the newest house on the block! T...	3 beds \| 1 baths \| 1,243 sq.ft.	$320,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.13% Airbnb Rental Income: $null Traditional Rental Income: $1613 Airbnb ROI: N/A Traditional ROI: 3.13%
7931 Jordan Waterford, MI Welcome to the Parkway Ranch! This spacious 3-bedroom, 2.5-bath split ranch features 9â ...	3 beds \| 3 baths \| 1,788 sq.ft.	$514,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.21% Airbnb Rental Income: $null Traditional Rental Income: $2757 Airbnb ROI: N/A Traditional ROI: 4.21%
2342 Hartford Ave Waterford, MI Completely updated ranch in a prime location with Williams Lake privileges and private bea...	3 beds \| 1 baths \| 1,840 sq.ft.	$259,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.65% Airbnb Rental Income: $null Traditional Rental Income: $1852 Airbnb ROI: N/A Traditional ROI: 4.65%
20 Crescent Lake Rd E Waterford, MI CORNER LOT WITH TREED LOT,FENCED AND LANDSCAPED , A 11/2 STORY BUNGALOW MAINTENANCE FREE ...	3 beds \| 1 baths \| 1,279 sq.ft.	$241,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.87% Airbnb Rental Income: $null Traditional Rental Income: $2009 Airbnb ROI: N/A Traditional ROI: 6.87%
2351 Overridge Waterford, MI Discover the perfect blend of modern comfort and timeless charm in this beautifully renova...	4 beds \| 3 baths \| 1,926 sq.ft.	$298,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.01% Airbnb Rental Income: $null Traditional Rental Income: $2700 Airbnb ROI: N/A Traditional ROI: 8.01%
941 Marvell Pl Waterford, MI 941 Marvell Pl, Waterford, MI 48327 \| Single Family Residential	2 beds \| 1 baths \| 910 sq.ft.	$214,999	Airbnb cash on cash: N/A Traditional cash on cash: 1.93% Airbnb Rental Income: $null Traditional Rental Income: $1006 Airbnb ROI: N/A Traditional ROI: 1.93%
1104 Tecumseh Ave Waterford, MI 1104 Tecumseh Ave, Waterford, MI 48327 \| Single Family Residential	3 beds \| 2 baths \| 2,115 sq.ft.	$350,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.57% Airbnb Rental Income: $null Traditional Rental Income: $2426 Airbnb ROI: N/A Traditional ROI: 4.57%
1306 Jay St Waterford, MI 1306 Jay St, Waterford, MI 48327 \| Condo/Coop	2 beds \| 2 baths \| 1,784 sq.ft.	$230,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.18% Airbnb Rental Income: $null Traditional Rental Income: $1872 Airbnb ROI: N/A Traditional ROI: 4.18%
Norway Plan Waterford, MI	3 beds \| 2 baths \| 1,859 sq.ft.	$479,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.43% Airbnb Rental Income: $null Traditional Rental Income: $1942 Airbnb ROI: N/A Traditional ROI: 1.43%
Rockland Plan Waterford, MI	3 beds \| 2 baths \| 1,854 sq.ft.	$484,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.4% Airbnb Rental Income: $null Traditional Rental Income: $1945 Airbnb ROI: N/A Traditional ROI: 1.4%
4860 Cooley Lake Rd Rd Waterford, MI 4860 Cooley Lake Rd Rd, Waterford, MI 48327 \| Other	N/A beds \| N/A baths \| N/A	$199,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.11% Airbnb Rental Income: $null Traditional Rental Income: $547 Airbnb ROI: N/A Traditional ROI: -0.11%
829 Hidden Ter Waterford, MI 829 Hidden Ter, Waterford, MI 48327 \| Condo/Coop	2 beds \| 2 baths \| 2,021 sq.ft.	$300,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.36% Airbnb Rental Income: $null Traditional Rental Income: $2032 Airbnb ROI: N/A Traditional ROI: 3.36%
5375 Cooley Lake Rd #2 Waterford, MI 5375 Cooley Lake Rd #2, Waterford, MI 48327 \| Condo/Coop	1 beds \| 1 baths \| 780 sq.ft.	$190,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.35% Airbnb Rental Income: $null Traditional Rental Income: $818 Airbnb ROI: N/A Traditional ROI: -0.35%
5617 Millpointe Dr Waterford, MI 5617 Millpointe Dr, Waterford, MI 48327 \| Single Family Residential	3 beds \| 2 baths \| 1,692 sq.ft.	$355,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.8% Airbnb Rental Income: $null Traditional Rental Income: $1936 Airbnb ROI: N/A Traditional ROI: 2.8%
6832 Brightwood Ct Waterford, MI 6832 Brightwood Ct, Waterford, MI 48327 \| Single Family Residential	2 beds \| 2 baths \| 1,004 sq.ft.	$549,900	Airbnb cash on cash: N/A Traditional cash on cash: -0.25% Airbnb Rental Income: $null Traditional Rental Income: $1262 Airbnb ROI: N/A Traditional ROI: -0.25%
274 Florawood St Waterford, MI 274 Florawood St, Waterford, MI 48327 \| Single Family Residential	3 beds \| 1 baths \| 1,155 sq.ft.	$220,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.24% Airbnb Rental Income: $null Traditional Rental Income: $1292 Airbnb ROI: N/A Traditional ROI: 3.24%
30 Pine Tree Ridge Dr #2 Waterford, MI 30 Pine Tree Ridge Dr #2, Waterford, MI 48327 \| Condo/Coop	2 beds \| 1 baths \| 1,034 sq.ft.	$210,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.13% Airbnb Rental Income: $null Traditional Rental Income: $1103 Airbnb ROI: N/A Traditional ROI: 1.13%
5380 Pontiac Lake Rd Waterford, MI 5380 Pontiac Lake Rd, Waterford, MI 48327 \| Single Family Residential	3 beds \| 1 baths \| 1,274 sq.ft.	$229,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.37% Airbnb Rental Income: $null Traditional Rental Income: $1374 Airbnb ROI: N/A Traditional ROI: 3.37%
845 Crescent Lake Rd Waterford, MI 845 Crescent Lake Rd, Waterford, MI 48327 \| Single Family Residential	3 beds \| 1 baths \| 1,805 sq.ft.	$275,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.17% Airbnb Rental Income: $null Traditional Rental Income: $1309 Airbnb ROI: N/A Traditional ROI: 2.17%
7663 Pleasant Manor Dr Waterford, MI 7663 Pleasant Manor Dr, Waterford, MI 48327 \| Single Family Residential	3 beds \| 2 baths \| 1,572 sq.ft.	$349,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.7% Airbnb Rental Income: $null Traditional Rental Income: $1811 Airbnb ROI: N/A Traditional ROI: 2.7%
5740 Copper Tree Park Waterford, MI 5740 Copper Tree Park, Waterford, MI 48327 \| Single Family Residential	3 beds \| 2 baths \| 1,800 sq.ft.	$349,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.12% Airbnb Rental Income: $null Traditional Rental Income: $2352 Airbnb ROI: N/A Traditional ROI: 4.12%

Real Estate investment in Waterford, MI

There are 222 properties for sale in the city of Waterford . The median list price in Waterford is $264,900 and the average price per square foot is $161. In March 2026, the average monthly cash on cash return in Waterford is 5.00%. The average monthly rental income in Waterford is $1,935.

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

There are 222 investment properties available for sale in Waterford.

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

The ROI for Short-Term is higher than the Long-Term in Waterford with average rental income of $N/A.

Your search for investment property begins and ends here

Investment Property for Sale in Waterford, MI

4773 Chipman Drive

Waterford, MI

4 beds | 3 baths | 1,422 sq.ft.

$449,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.69%

Airbnb Rental Income: $null

Traditional Rental Income: $2566

Airbnb ROI: N/A

Traditional ROI: 2.69%

5737 Shetland Way

Waterford, MI

3 beds | 2 baths | 2,210 sq.ft.

$300,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.07%

Airbnb Rental Income: $null

Traditional Rental Income: $2416

Airbnb ROI: N/A

Traditional ROI: 6.07%

5410 Vincent Ave

Waterford, MI

2 beds | 1 baths | 720 sq.ft.

$170,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.99%

Airbnb Rental Income: $null

Traditional Rental Income: $1073

Airbnb ROI: N/A

Traditional ROI: 3.99%

2420 Jones Rd

Waterford, MI

3 beds | 1 baths | 1,243 sq.ft.

$320,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.13%

Airbnb Rental Income: $null

Traditional Rental Income: $1613

Airbnb ROI: N/A

Traditional ROI: 3.13%

7931 Jordan

Waterford, MI

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

$514,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.21%

Airbnb Rental Income: $null

Traditional Rental Income: $2757

Airbnb ROI: N/A

Traditional ROI: 4.21%

2342 Hartford Ave

Waterford, MI

3 beds | 1 baths | 1,840 sq.ft.

$259,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.65%

Airbnb Rental Income: $null

Traditional Rental Income: $1852

Airbnb ROI: N/A

Traditional ROI: 4.65%

20 Crescent Lake Rd E

Waterford, MI

3 beds | 1 baths | 1,279 sq.ft.

$241,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.87%

Airbnb Rental Income: $null

Traditional Rental Income: $2009

Airbnb ROI: N/A

Traditional ROI: 6.87%

2351 Overridge

Waterford, MI

4 beds | 3 baths | 1,926 sq.ft.

$298,000

Airbnb cash on cash: N/A

Traditional cash on cash: 8.01%

Airbnb Rental Income: $null

Traditional Rental Income: $2700

Airbnb ROI: N/A