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
1522 Oregon Court Waterford, MI Boats. Decks. Trees. Tranquility â and a seller whoâs motivated and handy. Welcome to ...	3 beds \| 3 baths \| 2,243 sq.ft.	$550,000	Airbnb cash on cash: -0.49% Traditional cash on cash: 4% Airbnb Rental Income: $1266 Traditional Rental Income: $3172 Airbnb ROI: -0.49% Traditional ROI: 4%
411 Clayburn Boulevard Waterford, MI Investor Special Alert! Priced well below market value! 3 BR, 1 BTH ranch w/additional s...	3 beds \| 1 baths \| 1,066 sq.ft.	$195,000	Airbnb cash on cash: 1.8% Traditional cash on cash: 5.92% Airbnb Rental Income: $1266 Traditional Rental Income: $1629 Airbnb ROI: 1.8% Traditional ROI: 5.92%
7846 Fawn Court Waterford, MI Wonderful 4-bedroom, 2.5 bath colonial in highly desirable Parkside Preserve. This propert...	4 beds \| 3 baths \| 1,746 sq.ft.	$350,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.95% Airbnb Rental Income: $null Traditional Rental Income: $2561 Airbnb ROI: N/A Traditional ROI: 4.95%
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.	$470,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.52% Airbnb Rental Income: $null Traditional Rental Income: $2566 Airbnb ROI: N/A Traditional ROI: 2.52%
5171 DURNHAM Drive Waterford, MI Welcome to your dream home, perfectly positioned with serene water views and access to bot...	4 beds \| 1 baths \| 1,559 sq.ft.	$294,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.97% Airbnb Rental Income: $null Traditional Rental Income: $2437 Airbnb ROI: N/A Traditional ROI: 5.97%
7982 Jordan Waterford, MI Welcome to the Rockland Ranch! Step inside to 9-foot ceilings on the main floor and a spac...	3 beds \| 2 baths \| 1,854 sq.ft.	$514,900	Airbnb cash on cash: 0.29% Traditional cash on cash: 4% Airbnb Rental Income: $1266 Traditional Rental Income: $2654 Airbnb ROI: 0.29% Traditional ROI: 4%
7943 Jordan Waterford, MI Welcome to the Parkway Ranch! This spacious 3-bedroom, 2.5-bath split ranch offers an open...	3 beds \| 3 baths \| 1,788 sq.ft.	$514,900	Airbnb cash on cash: 0.29% Traditional cash on cash: 4.2% Airbnb Rental Income: $1266 Traditional Rental Income: $2750 Airbnb ROI: 0.29% Traditional ROI: 4.2%
5510 Berkley Drive Waterford, MI You could spend your summer at Crescent Lake Park when you're not enjoying this spacious 1...	3 beds \| 2 baths \| 1,900 sq.ft.	$369,999	Airbnb cash on cash: 0.63% Traditional cash on cash: 5.33% Airbnb Rental Income: $1266 Traditional Rental Income: $2501 Airbnb ROI: 0.63% Traditional ROI: 5.33%
5741 Copper Tree Park Waterford, MI 4 HOMES ARE MOVE IN READY BY CHRISTMAS!!!! IMMEDIATE OCCUPANCY!!!The Builder is giving the...	3 beds \| 3 baths \| 1,800 sq.ft.	$349,900	Airbnb cash on cash: 1% Traditional cash on cash: 6.88% Airbnb Rental Income: $1266 Traditional Rental Income: $2799 Airbnb ROI: 1% Traditional ROI: 6.88%
4882 Elizabeth Lake Road Waterford, MI REDUCED! REDUCED MOTIVATED SELLER!! Sandy Beach Shoreline,, Enjoy Summer fun on the lake...	3 beds \| 3 baths \| 1,932 sq.ft.	$315,000	Airbnb cash on cash: 0.65% Traditional cash on cash: 8.41% Airbnb Rental Income: $1266 Traditional Rental Income: $3166 Airbnb ROI: 0.65% Traditional ROI: 8.41%
2911 Mott Avenue Waterford, MI Great opportunity to own this extremely well maintained home. Newly refinished hard wood f...	3 beds \| 1 baths \| 1,040 sq.ft.	$232,000	Airbnb cash on cash: 1.79% Traditional cash on cash: 4.43% Airbnb Rental Income: $1266 Traditional Rental Income: $1445 Airbnb ROI: 1.79% Traditional ROI: 4.43%
5788 Strathdon Waterford, MI Discover the timeless appeal of this 3-bedroom, 2-bathroom tri-level home in Waterford off...	3 beds \| 2 baths \| 1,599 sq.ft.	$300,000	Airbnb cash on cash: 0.22% Traditional cash on cash: 5.43% Airbnb Rental Income: $1266 Traditional Rental Income: $2339 Airbnb ROI: 0.22% Traditional ROI: 5.43%
5788 Strathdon Way Waterford, MI Discover the timeless appeal of this 3-bedroom, 2-bathroom tri-level home in Waterford off...	3 beds \| 2 baths \| 1,599 sq.ft.	$300,000	Airbnb cash on cash: 0.97% Traditional cash on cash: 6.19% Airbnb Rental Income: $1266 Traditional Rental Income: $2339 Airbnb ROI: 0.97% Traditional ROI: 6.19%
5745 Copper Tree Park Waterford, MI 4 HOMES ARE MOVE IN READY BY CHRISTMAS!!!! IMMEDIATE OCCUPANCY!!!The Builder is giving the...	3 beds \| 3 baths \| 1,800 sq.ft.	$349,900	Airbnb cash on cash: 1% Traditional cash on cash: 6.8% Airbnb Rental Income: $1266 Traditional Rental Income: $2773 Airbnb ROI: 1% Traditional ROI: 6.8%
5760 Copper Tree Park Waterford, MI 4 HOMES ARE MOVE IN READY BY CHRISTMAS!!!! IMMEDIATE OCCUPANCY!!!The Builder is giving the...	3 beds \| 3 baths \| 1,800 sq.ft.	$349,900	Airbnb cash on cash: 1% Traditional cash on cash: 6.8% Airbnb Rental Income: $1266 Traditional Rental Income: $2773 Airbnb ROI: 1% Traditional ROI: 6.8%
727 McDougal Drive Waterford, MI Stunning Custom Lakefront Home on Desirable All-Sports Elizabeth Lake! Prime Location on ...	4 beds \| 4 baths \| 2,941 sq.ft.	$849,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.21% Airbnb Rental Income: $null Traditional Rental Income: $4448 Airbnb ROI: N/A Traditional ROI: 3.21%
5667 Brunswick Boulevard Waterford, MI Very nice, well-maintained ranch style home. Large family room with natural wood burning f...	2 beds \| 2 baths \| 1,579 sq.ft.	$225,000	Airbnb cash on cash: 2.18% Traditional cash on cash: 8.09% Airbnb Rental Income: $1343 Traditional Rental Income: $2187 Airbnb ROI: 2.18% Traditional ROI: 8.09%
5184 Denwood Street Waterford, MI Move-in ready Colonial in the desirable Waterford Township Lakes Area! This spacious 3-bed...	3 beds \| 3 baths \| 1,350 sq.ft.	$289,000	Airbnb cash on cash: 0.16% Traditional cash on cash: 5.27% Airbnb Rental Income: $1266 Traditional Rental Income: $2256 Airbnb ROI: 0.16% Traditional ROI: 5.27%
5251 Pontiac Lake Road Waterford, MI Welcome to this nicely updated Ranch located in the heart of Waterford. Move in Ready and ...	2 beds \| 1 baths \| 976 sq.ft.	$244,000	Airbnb cash on cash: 1.55% Traditional cash on cash: 3.85% Airbnb Rental Income: $1343 Traditional Rental Income: $1461 Airbnb ROI: 1.55% Traditional ROI: 3.85%
7053 Magnolia Lane Waterford, MI This beautiful 2 bedroom, 2 bath, ranch condo located in Magnolia Park is ready for you! ...	2 beds \| 2 baths \| 1,150 sq.ft.	$239,000	Airbnb cash on cash: 0.23% Traditional cash on cash: 4.37% Airbnb Rental Income: $1343 Traditional Rental Income: $1867 Airbnb ROI: 0.23% Traditional ROI: 4.37%
1247 Windsong Drive Waterford, MI Stunning 2013 Detached Brick Colonial Condo Near Elizabeth Lake! Welcome home to this beau...	3 beds \| 3 baths \| 1,614 sq.ft.	$365,000	Airbnb cash on cash: -0.8% Traditional cash on cash: 4.39% Airbnb Rental Income: $1266 Traditional Rental Income: $2644 Airbnb ROI: -0.8% Traditional ROI: 4.39%
867 Saybrook Drive Waterford, MI Open-concept upper unit condo featuring vaulted ceilings and fresh, neutral décor tha...	2 beds \| 2 baths \| 1,108 sq.ft.	$134,000	Airbnb cash on cash: 0.69% Traditional cash on cash: 7.99% Airbnb Rental Income: $1343 Traditional Rental Income: $1870 Airbnb ROI: 0.69% Traditional ROI: 7.99%
437 Cove View Drive Waterford, MI Welcome home to this lovely colonial-style residence, conveniently located near scenic par...	3 beds \| 3 baths \| 1,913 sq.ft.	$399,000	Airbnb cash on cash: -0.12% Traditional cash on cash: 4.68% Airbnb Rental Income: $1266 Traditional Rental Income: $2660 Airbnb ROI: -0.12% Traditional ROI: 4.68%
7936 Rampart Trail Waterford, MI Excellent location near lakes, parks and endless shopping and dining options. All in a pe...	4 beds \| 4 baths \| 2,003 sq.ft.	$419,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.27% Airbnb Rental Income: $null Traditional Rental Income: $3087 Airbnb ROI: N/A Traditional ROI: 5.27%
5094 Coshocton Drive Waterford, MI This single-story home sits on a generous lot and offers great potential for the right buy...	2 beds \| 1 baths \| 660 sq.ft.	$200,000	Airbnb cash on cash: 2.62% Traditional cash on cash: 3.96% Airbnb Rental Income: $1343 Traditional Rental Income: $1184 Airbnb ROI: 2.62% Traditional ROI: 3.96%
5597 Ashby Court Waterford, MI Welcome to 5597 Ashby Court a private, wooded retreat in the heart of Waterford Twp. Tucke...	3 beds \| 3 baths \| 1,494 sq.ft.	$350,000	Airbnb cash on cash: -0.1% Traditional cash on cash: 4.39% Airbnb Rental Income: $1266 Traditional Rental Income: $2342 Airbnb ROI: -0.1% Traditional ROI: 4.39%
1265 Oregon Boulevard Waterford, MI Super well-maintained 3-bedroom, 1.5-bath quad-level colonial with lake access to TWO all-...	3 beds \| 2 baths \| 1,425 sq.ft.	$286,000	Airbnb cash on cash: 0.62% Traditional cash on cash: 5.15% Airbnb Rental Income: $1266 Traditional Rental Income: $2085 Airbnb ROI: 0.62% Traditional ROI: 5.15%
20 CRESCENT LAKE Road E Waterford, MI CORNER LOT WITH TREED LOT,FENCED AND LANDSCAPED , A 11/2 STORY BUNGALOW MAINTENANCE FREE ...	3 beds \| 2 baths \| 1,279 sq.ft.	$241,000	Airbnb cash on cash: 1.86% Traditional cash on cash: 6.87% Airbnb Rental Income: $1266 Traditional Rental Income: $2009 Airbnb ROI: 1.86% Traditional ROI: 6.87%
5274 Cooley Lake Road Waterford, MI GREAT OPPORTUNITY TO ENJOY LAKEFRONT LIVING on Elizabeth Lake. HUGE POTENTIAL for Return ...	3 beds \| 2 baths \| 1,811 sq.ft.	$519,900	Airbnb cash on cash: -0.3% Traditional cash on cash: 2.55% Airbnb Rental Income: $1266 Traditional Rental Income: $2254 Airbnb ROI: -0.3% Traditional ROI: 2.55%
1276 Jay Street Waterford, MI REDUCED!! Welcome to this inviting 2-bedroom, 2.5-bath condo located in the Hidden Pond co...	2 beds \| 3 baths \| 1,237 sq.ft.	$209,000	Airbnb cash on cash: 0.34% Traditional cash on cash: 5.89% Airbnb Rental Income: $1343 Traditional Rental Income: $2030 Airbnb ROI: 0.34% Traditional ROI: 5.89%
6425 Simmons Road Waterford, MI Beautifully Updated 3-Bedroom Home on a Spacious Half-Acre Corner Lot! This newly updated...	3 beds \| 1 baths \| 1,200 sq.ft.	$245,000	Airbnb cash on cash: 0.89% Traditional cash on cash: 5.05% Airbnb Rental Income: $1266 Traditional Rental Income: $1830 Airbnb ROI: 0.89% Traditional ROI: 5.05%
1620 Irwin Drive Waterford, MI Welcome to 1620 Irwin Drive in Waterford Township! This well-maintained single-family home...	3 beds \| 2 baths \| 962 sq.ft.	$255,000	Airbnb cash on cash: 1.32% Traditional cash on cash: 5.28% Airbnb Rental Income: $1266 Traditional Rental Income: $1819 Airbnb ROI: 1.32% Traditional ROI: 5.28%
1249 Woodlow Street Waterford, MI ~Tons of potential awaits you w/this spacious 3 bedroom home that offers 1800 sqft of livi...	3 beds \| 2 baths \| 1,800 sq.ft.	$290,000	Airbnb cash on cash: 0.57% Traditional cash on cash: 6.49% Airbnb Rental Income: $1266 Traditional Rental Income: $2484 Airbnb ROI: 0.57% Traditional ROI: 6.49%

Real Estate investment in Waterford, MI

There are 121 properties for sale in the city of Waterford . The median list price in Waterford is $289,900 and the average price per square foot is $185. In December 2025, the average monthly cash on cash return in Waterford is 5.00%. The average monthly rental income in Waterford is $2,187.

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

There are 121 investment properties available for sale in Waterford.

In 2025, 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 $2,187.

Your search for investment property begins and ends here

Investment Property for Sale in Waterford, MI

1522 Oregon Court

Waterford, MI

3 beds | 3 baths | 2,243 sq.ft.

$550,000

Airbnb cash on cash: -0.49%

Traditional cash on cash: 4%

Airbnb Rental Income: $1266

Traditional Rental Income: $3172

Airbnb ROI: -0.49%

Traditional ROI: 4%

411 Clayburn Boulevard

Waterford, MI

3 beds | 1 baths | 1,066 sq.ft.

$195,000

Airbnb cash on cash: 1.8%

Traditional cash on cash: 5.92%

Airbnb Rental Income: $1266

Traditional Rental Income: $1629

Airbnb ROI: 1.8%

Traditional ROI: 5.92%

7846 Fawn Court

Waterford, MI

4 beds | 3 baths | 1,746 sq.ft.

$350,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.95%

Airbnb Rental Income: $null

Traditional Rental Income: $2561

Airbnb ROI: N/A

Traditional ROI: 4.95%

4773 Chipman Drive

Waterford, MI

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

$470,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.52%

Airbnb Rental Income: $null

Traditional Rental Income: $2566

Airbnb ROI: N/A

Traditional ROI: 2.52%

5171 DURNHAM Drive

Waterford, MI

4 beds | 1 baths | 1,559 sq.ft.

$294,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.97%

Airbnb Rental Income: $null

Traditional Rental Income: $2437

Airbnb ROI: N/A

Traditional ROI: 5.97%

7982 Jordan

Waterford, MI

3 beds | 2 baths | 1,854 sq.ft.

$514,900

Airbnb cash on cash: 0.29%

Traditional cash on cash: 4%

Airbnb Rental Income: $1266

Traditional Rental Income: $2654

Airbnb ROI: 0.29%

Traditional ROI: 4%

7943 Jordan

Waterford, MI

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

$514,900

Airbnb cash on cash: 0.29%

Traditional cash on cash: 4.2%

Airbnb Rental Income: $1266

Traditional Rental Income: $2750

Airbnb ROI: 0.29%

Traditional ROI: 4.2%

5510 Berkley Drive

Waterford, MI

3 beds | 2 baths | 1,900 sq.ft.

$369,999

Airbnb cash on cash: 0.63%

Traditional cash on cash: 5.33%

Airbnb Rental Income: $1266

Traditional Rental Income: $2501

Airbnb ROI: 0.63%