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
1249 Woodlow St 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: N/A Traditional cash on cash: 6.49% Airbnb Rental Income: $null Traditional Rental Income: $2484 Airbnb ROI: N/A Traditional ROI: 6.49%
571 Cristy Avenue Waterford, MI Welcome to this spacious 3-bedroom, 2-bathroom Colonial home, full of potential. Located ...	3 beds \| 2 baths \| 1,679 sq.ft.	$220,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.13% Airbnb Rental Income: $null Traditional Rental Income: $2518 Airbnb ROI: N/A Traditional ROI: 7.13%
1512 Eason Waterford, MI Welcome to 1512 Eason! This charming and spacious 1.5 story bungalow offers the perfect b...	4 beds \| 2 baths \| 1,388 sq.ft.	$299,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.18% Airbnb Rental Income: $null Traditional Rental Income: $3072 Airbnb ROI: N/A Traditional ROI: 8.18%
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: N/A Traditional cash on cash: 5.79% Airbnb Rental Income: $null Traditional Rental Income: $2351 Airbnb ROI: N/A Traditional ROI: 5.79%
3140 Van Zandt Rd Waterford, MI Just in time for the holidays!!!! Step into this stunning, completely remodeled home whe...	3 beds \| 2 baths \| 1,472 sq.ft.	$260,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.06% Airbnb Rental Income: $null Traditional Rental Income: $2061 Airbnb ROI: N/A Traditional ROI: 5.06%
4040 Lark Waterford, MI Enjoy panoramic views of Watkins Lake from this well-maintained home where this family has...	3 beds \| 3 baths \| 2,048 sq.ft.	$699,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.85% Airbnb Rental Income: $null Traditional Rental Income: $3144 Airbnb ROI: N/A Traditional ROI: 2.85%
798 Amberly Drive #B Waterford, MI Maintenance free living! This condo home features open living rm. and dining. Vaulted ceil...	2 beds \| 2 baths \| 1,487 sq.ft.	$215,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.14% Airbnb Rental Income: $null Traditional Rental Income: $2206 Airbnb ROI: N/A Traditional ROI: 6.14%
3559 Port Cove Drive #17 Waterford, MI Public Remarks: Rare Opportunity! Ranch condo in highly sought-after Port Cove Community. ...	2 beds \| 2 baths \| 1,200 sq.ft.	$324,900	Airbnb cash on cash: N/A Traditional cash on cash: 0.99% Airbnb Rental Income: $null Traditional Rental Income: $2151 Airbnb ROI: N/A Traditional ROI: 0.99%
6440 Andersonville Rd Waterford, MI Welcome to 6440 Andersonville Rdâan exceptional and hard-to-find 1.15-acre lakefront pro...	2 beds \| 3 baths \| 3,000 sq.ft.	$675,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.58% Airbnb Rental Income: $null Traditional Rental Income: $3061 Airbnb ROI: N/A Traditional ROI: 3.58%
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%
2550 W Walton Boulevard Waterford, MI This 3-bedroom, all-brick ranch exudes vintage charm with solid mid-century construction a...	3 beds \| 2 baths \| 1,224 sq.ft.	$269,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.52% Airbnb Rental Income: $null Traditional Rental Income: $1949 Airbnb ROI: N/A Traditional ROI: 5.52%
3160 Lexington Waterford, MI Experience year-round vacation living in this exceptional lakefront retreat on Scott Lake,...	3 beds \| 4 baths \| 3,148 sq.ft.	$725,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.68% Airbnb Rental Income: $null Traditional Rental Income: $4212 Airbnb ROI: N/A Traditional ROI: 2.68%
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: N/A Traditional cash on cash: 4.43% Airbnb Rental Income: $null Traditional Rental Income: $1445 Airbnb ROI: N/A Traditional ROI: 4.43%
3066 W Huron Street Waterford, MI 3-bedroom ranch full basement. With new paint and carpeting. All date is approximate.	3 beds \| 1 baths \| 1,148 sq.ft.	$189,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.54% Airbnb Rental Income: $null Traditional Rental Income: $1598 Airbnb ROI: N/A Traditional ROI: 6.54%
3014 Edgewater Drive Waterford, MI Ideal home for downsizing or just starting out. Brick ranch home situated on a small stree...	3 beds \| N/A baths \| 1,444 sq.ft.	$249,990	Airbnb cash on cash: N/A Traditional cash on cash: 5.73% Airbnb Rental Income: $null Traditional Rental Income: $1873 Airbnb ROI: N/A Traditional ROI: 5.73%
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: N/A Traditional cash on cash: 6.68% Airbnb Rental Income: $null Traditional Rental Income: $1113 Airbnb ROI: N/A Traditional ROI: 6.68%
6533 Cloverton Dr Waterford, MI Great starter home completely remodeled. 1 1/2 car garage, fenced yard, new furnace, centr...	3 beds \| 1 baths \| 1,056 sq.ft.	$245,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.88% Airbnb Rental Income: $null Traditional Rental Income: $1612 Airbnb ROI: N/A Traditional ROI: 4.88%
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: N/A Traditional cash on cash: 8.09% Airbnb Rental Income: $null Traditional Rental Income: $2187 Airbnb ROI: N/A Traditional ROI: 8.09%
4840 Hobson Avenue Waterford, MI Honey, stop the car! This charming 3 bedroom, 2 bath ranch offers comfort, functionality, ...	3 beds \| 2 baths \| 1,216 sq.ft.	$230,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.36% Airbnb Rental Income: $null Traditional Rental Income: $2088 Airbnb ROI: N/A Traditional ROI: 7.36%
5183 Eagle Lake Dr Waterford, MI LAKE ENTHUSIASTS TAKE NOTE! GREAT PRICE ON THIS 2003 BUILT WATERFORD COLONIAL! You'll appr...	3 beds \| 2 baths \| 1,396 sq.ft.	$279,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.79% Airbnb Rental Income: $null Traditional Rental Income: $2130 Airbnb ROI: N/A Traditional ROI: 5.79%
2512 Grandview Blvd Waterford, MI Nestled on a spacious corner lot with access to Williams Lake, this inviting ranch offers ...	3 beds \| 2 baths \| 1,746 sq.ft.	$289,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.69% Airbnb Rental Income: $null Traditional Rental Income: $1965 Airbnb ROI: N/A Traditional ROI: 4.69%
2610 Airport Road Waterford, MI ***Updated pricing reflects a motivated seller. All reasonable, serious offers will be rev...	3 beds \| 2 baths \| 1,288 sq.ft.	$325,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.54% Airbnb Rental Income: $null Traditional Rental Income: $2037 Airbnb ROI: N/A Traditional ROI: 4.54%
1119 Lakeview Street Waterford, MI Discover this charming ranch-style home featuring a beautifully fenced yard and spacious d...	2 beds \| 2 baths \| 768 sq.ft.	$149,988	Airbnb cash on cash: N/A Traditional cash on cash: 7.85% Airbnb Rental Income: $null Traditional Rental Income: $1497 Airbnb ROI: N/A Traditional ROI: 7.85%
2716 Ravenglass Road Waterford, MI Beautifully cared-for 3BR, 1.5BA colonial offering 1400 sq ft of comfortable living in des...	3 beds \| 2 baths \| 1,385 sq.ft.	$329,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.08% Airbnb Rental Income: $null Traditional Rental Income: $2103 Airbnb ROI: N/A Traditional ROI: 4.08%

Real Estate investment in Waterford, MI

There are 116 properties for sale in the city of Waterford . The median list price in Waterford is $270,000 and the average price per square foot is $180. In January 2026, 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 116 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

1249 Woodlow St

Waterford, MI

3 beds | 2 baths | 1,800 sq.ft.

$290,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.49%

Airbnb Rental Income: $null

Traditional Rental Income: $2484

Airbnb ROI: N/A

Traditional ROI: 6.49%

571 Cristy Avenue

Waterford, MI

3 beds | 2 baths | 1,679 sq.ft.

$220,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.13%

Airbnb Rental Income: $null

Traditional Rental Income: $2518

Airbnb ROI: N/A

Traditional ROI: 7.13%

1512 Eason

Waterford, MI

4 beds | 2 baths | 1,388 sq.ft.

$299,900

Airbnb cash on cash: N/A

Traditional cash on cash: 8.18%

Airbnb Rental Income: $null

Traditional Rental Income: $3072

Airbnb ROI: N/A

Traditional ROI: 8.18%

3920 DILL

Waterford, MI

4 beds | 2 baths | 2,005 sq.ft.

$312,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.79%

Airbnb Rental Income: $null

Traditional Rental Income: $2351

Airbnb ROI: N/A

Traditional ROI: 5.79%

3140 Van Zandt Rd

Waterford, MI

3 beds | 2 baths | 1,472 sq.ft.

$260,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.06%

Airbnb Rental Income: $null

Traditional Rental Income: $2061

Airbnb ROI: N/A

Traditional ROI: 5.06%

4040 Lark

Waterford, MI

3 beds | 3 baths | 2,048 sq.ft.

$699,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.85%

Airbnb Rental Income: $null

Traditional Rental Income: $3144

Airbnb ROI: N/A

Traditional ROI: 2.85%

798 Amberly Drive #B

Waterford, MI

2 beds | 2 baths | 1,487 sq.ft.

$215,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.14%

Airbnb Rental Income: $null

Traditional Rental Income: $2206

Airbnb ROI: N/A

Traditional ROI: 6.14%

3559 Port Cove Drive #17

Waterford, MI

2 beds | 2 baths | 1,200 sq.ft.

$324,900

Airbnb cash on cash: N/A

Traditional cash on cash: 0.99%

Airbnb Rental Income: $null

Traditional Rental Income: $2151

Airbnb ROI: N/A