Real Estate Investment Properties for Sale in Watervliet, MI

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
68715 66th Avenue Watervliet, MI This versatile 10.4-acre property offers endless possibilities for living, working, or cre...	3 beds \| 1 baths \| 1,680 sq.ft.	$388,000	Airbnb cash on cash: 2.55% Traditional cash on cash: 3.37% Airbnb Rental Income: $2254 Traditional Rental Income: $1988 Airbnb ROI: 2.55% Traditional ROI: 3.37%
8552 Dan Smith Road Watervliet, MI Lovely remodeled 3 BR, 3 bath home surrounded by a flowing creek and great wooded setting ...	3 beds \| 3 baths \| 1,344 sq.ft.	$899,900	Airbnb cash on cash: -0.21% Traditional cash on cash: 0.93% Airbnb Rental Income: $2254 Traditional Rental Income: $2650 Airbnb ROI: -0.21% Traditional ROI: 0.93%
415 Riverside Drive Watervliet, MI Beautiful ranch home with a brand new roof ready for you to move in. Close to Paw Paw Lake...	3 beds \| 1 baths \| 1,156 sq.ft.	$239,000	Airbnb cash on cash: 4.48% Traditional cash on cash: 5.33% Airbnb Rental Income: $2254 Traditional Rental Income: $1882 Airbnb ROI: 4.48% Traditional ROI: 5.33%
332 SUTHERLAND Avenue Watervliet, MI Charming bungalow in the heart of Watervliet! This updated 3 bedroom, 1.5 bath home is tru...	3 beds \| N/A baths \| 1,261 sq.ft.	$249,000	Airbnb cash on cash: 4.32% Traditional cash on cash: 6.55% Airbnb Rental Income: $2254 Traditional Rental Income: $2214 Airbnb ROI: 4.32% Traditional ROI: 6.55%
67761 70th Street Watervliet, MI new septic system allowance to be 16,000 updates electric panel also well This is a 1993 C...	2 beds \| 1 baths \| 500 sq.ft.	$145,000	Airbnb cash on cash: 2.59% Traditional cash on cash: 7.42% Airbnb Rental Income: $1006 Traditional Rental Income: $1321 Airbnb ROI: 2.59% Traditional ROI: 7.42%
4875 N Watervliet Road Watervliet, MI This Watervliet Township property offers a rare opportunity for a home business or for a p...	1 beds \| 2 baths \| 1,680 sq.ft.	$249,500	Airbnb cash on cash: 1.58% Traditional cash on cash: 6.96% Airbnb Rental Income: $1266 Traditional Rental Income: $2134 Airbnb ROI: 1.58% Traditional ROI: 6.96%
1980 Angling Road Watervliet, MI ENDLESS INCOME OPPORTUNITIES MEET COUNTRY CHARM! THIS RARE 36.83 ACRE ESTATE INCLUDES THRE...	7 beds \| N/A baths \| N/A	$810,000	Airbnb cash on cash: 2.93% Traditional cash on cash: 0.52% Airbnb Rental Income: $4665 Traditional Rental Income: $1879 Airbnb ROI: 2.93% Traditional ROI: 0.52%
4751 Harlan Drive Watervliet, MI Wonderful 4 bedroom, 3 bath, quality built ranch, vaulted ceilings, large rooms, open main...	4 beds \| 3 baths \| 2,702 sq.ft.	$515,000	Airbnb cash on cash: 0.35% Traditional cash on cash: 4.06% Airbnb Rental Income: $1796 Traditional Rental Income: $3094 Airbnb ROI: 0.35% Traditional ROI: 4.06%
4537 Stanley Avenue Watervliet, MI All-Brick 3 Bedroom, 2 Bath Home with Full Basement & Fenced Yard - Watervliet, MI Move-in...	3 beds \| 2 baths \| 1,570 sq.ft.	$299,900	Airbnb cash on cash: 4% Traditional cash on cash: 6.66% Airbnb Rental Income: $2254 Traditional Rental Income: $2441 Airbnb ROI: 4% Traditional ROI: 6.66%
340 Sutherland Avenue Watervliet, MI This is a well-built small home with more amenities that one would expect! Updated kitchen...	2 beds \| 1 baths \| 660 sq.ft.	$135,000	Airbnb cash on cash: 2.18% Traditional cash on cash: 8.74% Airbnb Rental Income: $1006 Traditional Rental Income: $1500 Airbnb ROI: 2.18% Traditional ROI: 8.74%
5632 N Watervliet Road unit: 16 #16 Watervliet, MI Look! Paw Paw Lake Condo in the sought after CHALET DU PAW PAW CONDO community. Breathtaki...	2 beds \| 1 baths \| 786 sq.ft.	$399,900	Airbnb cash on cash: -1.04% Traditional cash on cash: 1.5% Airbnb Rental Income: $1006 Traditional Rental Income: $1602 Airbnb ROI: -1.04% Traditional ROI: 1.5%
7840 Forest Beach Road Watervliet, MI Your Dream of an Affordable Lake House in West Michigan Starts Here! Welcome to 7840 Fores...	2 beds \| 1 baths \| 1,152 sq.ft.	$254,900	Airbnb cash on cash: -0.11% Traditional cash on cash: 4.43% Airbnb Rental Income: $1006 Traditional Rental Income: $1744 Airbnb ROI: -0.11% Traditional ROI: 4.43%
3842 Upland Dr Watervliet, MI New construction home in the Community of Watertown Place in Watervliet. Upgrades to inclu...	2 beds \| N/A baths \| 3,386 sq.ft.	$325,450	Airbnb cash on cash: 0.73% Traditional cash on cash: 6.42% Airbnb Rental Income: $1006 Traditional Rental Income: $2391 Airbnb ROI: 0.73% Traditional ROI: 6.42%
909 Western Avenue Watervliet, MI Newly constructed bilevel in the P H Lewis Community. This new home boasts features includ...	3 beds \| 2 baths \| 1,458 sq.ft.	$259,190	Airbnb cash on cash: 5.33% Traditional cash on cash: 6.87% Airbnb Rental Income: $2254 Traditional Rental Income: $2068 Airbnb ROI: 5.33% Traditional ROI: 6.87%
214 Sutherland Avenue Watervliet, MI Your Dream Home Awaits! Step inside this beautifully renovated 3-bed, 2.5-bath home offeri...	3 beds \| N/A baths \| 2,007 sq.ft.	$265,000	Airbnb cash on cash: 4.35% Traditional cash on cash: 4.89% Airbnb Rental Income: $2254 Traditional Rental Income: $1823 Airbnb ROI: 4.35% Traditional ROI: 4.89%
1033 Richard Avenue Watervliet, MI Newly constructed Ranch in the P H Lewis Addition Community. This new home boasts features...	2 beds \| 2 baths \| 1,756 sq.ft.	$299,925	Airbnb cash on cash: 0.77% Traditional cash on cash: 7.86% Airbnb Rental Income: $1006 Traditional Rental Income: $2650 Airbnb ROI: 0.77% Traditional ROI: 7.86%
3958 Watertown Drive Watervliet, MI Newly constructed bilevel in the Watertown Place Community. This new home boasts features ...	3 beds \| N/A baths \| 2,192 sq.ft.	$332,850	Airbnb cash on cash: 4.07% Traditional cash on cash: 8.64% Airbnb Rental Income: $2254 Traditional Rental Income: $3121 Airbnb ROI: 4.07% Traditional ROI: 8.64%
9049 Red Arrow Highway Watervliet, MI Welcome to this charming 2-Bed/1 Bath, 1,000ft2 home, featuring a spacious living room, di...	2 beds \| 1 baths \| 1,000 sq.ft.	$125,000	Airbnb cash on cash: 2.44% Traditional cash on cash: 10.6% Airbnb Rental Income: $1006 Traditional Rental Income: $1631 Airbnb ROI: 2.44% Traditional ROI: 10.6%

Real Estate investment in Watervliet, MI

There are 18 properties for sale in the city of Watervliet . The median list price in Watervliet is $259,190 and the average price per square foot is $174. In October 2025, the average monthly cash on cash return in Watervliet is 7.00%. The average monthly rental income in Watervliet is $1,988.

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

There are 18 investment properties available for sale in Watervliet.

In 2025, the best neighborhood to buy investment property is Watervliet.

The ROI for Long-Term is higher than the Short-Term in Watervliet with average rental income of $1,988.

Your search for investment property begins and ends here

Investment Property for Sale in Watervliet, MI

68715 66th Avenue

Watervliet, MI

3 beds | 1 baths | 1,680 sq.ft.

$388,000

Airbnb cash on cash: 2.55%

Traditional cash on cash: 3.37%

Airbnb Rental Income: $2254

Traditional Rental Income: $1988

Airbnb ROI: 2.55%

Traditional ROI: 3.37%

8552 Dan Smith Road

Watervliet, MI

3 beds | 3 baths | 1,344 sq.ft.

$899,900

Airbnb cash on cash: -0.21%

Traditional cash on cash: 0.93%

Airbnb Rental Income: $2254

Traditional Rental Income: $2650

Airbnb ROI: -0.21%

Traditional ROI: 0.93%

415 Riverside Drive

Watervliet, MI

3 beds | 1 baths | 1,156 sq.ft.

$239,000

Airbnb cash on cash: 4.48%

Traditional cash on cash: 5.33%

Airbnb Rental Income: $2254

Traditional Rental Income: $1882

Airbnb ROI: 4.48%

Traditional ROI: 5.33%

332 SUTHERLAND Avenue

Watervliet, MI

3 beds | N/A baths | 1,261 sq.ft.

$249,000

Airbnb cash on cash: 4.32%

Traditional cash on cash: 6.55%

Airbnb Rental Income: $2254

Traditional Rental Income: $2214

Airbnb ROI: 4.32%

Traditional ROI: 6.55%

67761 70th Street

Watervliet, MI

2 beds | 1 baths | 500 sq.ft.

$145,000

Airbnb cash on cash: 2.59%

Traditional cash on cash: 7.42%

Airbnb Rental Income: $1006

Traditional Rental Income: $1321

Airbnb ROI: 2.59%

Traditional ROI: 7.42%

4875 N Watervliet Road

Watervliet, MI

1 beds | 2 baths | 1,680 sq.ft.

$249,500

Airbnb cash on cash: 1.58%

Traditional cash on cash: 6.96%

Airbnb Rental Income: $1266

Traditional Rental Income: $2134

Airbnb ROI: 1.58%

Traditional ROI: 6.96%

1980 Angling Road

Watervliet, MI

7 beds | N/A baths | N/A

$810,000

Airbnb cash on cash: 2.93%

Traditional cash on cash: 0.52%

Airbnb Rental Income: $4665

Traditional Rental Income: $1879

Airbnb ROI: 2.93%

Traditional ROI: 0.52%

4751 Harlan Drive

Watervliet, MI

4 beds | 3 baths | 2,702 sq.ft.

$515,000

Airbnb cash on cash: 0.35%

Traditional cash on cash: 4.06%

Airbnb Rental Income: $1796

Traditional Rental Income: $3094

Airbnb ROI: 0.35%