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

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
3975 MONROE Avenue Waterford, MI Welcome Home to your new home sitting on a half-acre lot. This beautifully updated 3-bedro...	3 beds \| 2 baths \| 1,757 sq.ft.	$340,000	Airbnb cash on cash: 3.44% Traditional cash on cash: 4.39% Airbnb Rental Income: $2756 Traditional Rental Income: $2412 Airbnb ROI: 3.44% Traditional ROI: 4.39%
289 Fountain Park Drive Waterford, MI Motivated seller! Move right into this beautiful and well maintained five-year-old colonia...	3 beds \| 3 baths \| 1,800 sq.ft.	$379,900	Airbnb cash on cash: 3.39% Traditional cash on cash: 5.28% Airbnb Rental Income: $2756 Traditional Rental Income: $2781 Airbnb ROI: 3.39% Traditional ROI: 5.28%
2716 SINCLAIR Avenue Waterford, MI NEW ROOF (2024) and NEW Privacy Fence! This beautifully updated home features stylish cabi...	3 beds \| 1 baths \| 1,091 sq.ft.	$229,000	Airbnb cash on cash: 6.82% Traditional cash on cash: 4.43% Airbnb Rental Income: $2756 Traditional Rental Income: $1591 Airbnb ROI: 6.82% Traditional ROI: 4.43%
5404 SARVIS Avenue Waterford, MI Move in Ready Lake View Ranch! Access lot just a few steps away with Sandy bottom shore wh...	2 beds \| 1 baths \| 1,000 sq.ft.	$225,000	Airbnb cash on cash: 5.92% Traditional cash on cash: 3.61% Airbnb Rental Income: $2506 Traditional Rental Income: $1408 Airbnb ROI: 5.92% Traditional ROI: 3.61%
2996 LOON LAKE SHORES Road Waterford, MI Discover a spacious haven boasting nearly 4100 square feet, offering breathtaking water vi...	4 beds \| 3 baths \| 2,367 sq.ft.	$539,900	Airbnb cash on cash: 6.87% Traditional cash on cash: 2.91% Airbnb Rental Income: $6133 Traditional Rental Income: $2925 Airbnb ROI: 6.87% Traditional ROI: 2.91%
921 WOODINGHAM Avenue Waterford, MI Welcome to beautiful renovated in 2021 ranch on a full partially finished basement. Walk t...	3 beds \| 1 baths \| 1,131 sq.ft.	$290,000	Airbnb cash on cash: 4.6% Traditional cash on cash: 2.69% Airbnb Rental Income: $2756 Traditional Rental Income: $1584 Airbnb ROI: 4.6% Traditional ROI: 2.69%
759 LYLE Drive Waterford, MI NEW CONSTRUCTION HOME ON ALL SPORTS ELIZABTETH LAKE! Be the first owner to enjoy this cust...	4 beds \| 4 baths \| 2,960 sq.ft.	$1,599,000	Airbnb cash on cash: 1.52% Traditional cash on cash: 0.64% Airbnb Rental Income: $6133 Traditional Rental Income: $3610 Airbnb ROI: 1.52% Traditional ROI: 0.64%
2806 COTTONWOOD Drive #C Waterford, MI Welcome to Heritage condomium. Perfect private setting & beautiful wooded area. Built in 2...	2 beds \| 2 baths \| 1,211 sq.ft.	$199,900	Airbnb cash on cash: 5.16% Traditional cash on cash: 5.09% Airbnb Rental Income: $2506 Traditional Rental Income: $1887 Airbnb ROI: 5.16% Traditional ROI: 5.09%
1232 BRAMBLES Drive Waterford, MI Discover unbeatable value on all-sports Cass Lake with this fully remodeled contemporary g...	3 beds \| 3 baths \| 2,100 sq.ft.	$899,900	Airbnb cash on cash: 1.03% Traditional cash on cash: 2.28% Airbnb Rental Income: $2756 Traditional Rental Income: $3152 Airbnb ROI: 1.03% Traditional ROI: 2.28%
2918 WOODBINE Drive Waterford, MI Stunning Sylvan Lakefront Ranch Home with Spectacular Views And Modern Updates Throughout....	3 beds \| 2 baths \| 1,300 sq.ft.	$739,000	Airbnb cash on cash: 0.53% Traditional cash on cash: 0.38% Airbnb Rental Income: $2756 Traditional Rental Income: $2001 Airbnb ROI: 0.53% Traditional ROI: 0.38%
964 DAFFODIL Drive Waterford, MI Welcome home. This beautiful house is ready for you to move in. It has 3 nice sized bedr...	3 beds \| 2 baths \| 1,581 sq.ft.	$279,000	Airbnb cash on cash: 5.47% Traditional cash on cash: 5.98% Airbnb Rental Income: $2756 Traditional Rental Income: $2243 Airbnb ROI: 5.47% Traditional ROI: 5.98%
2860 CHADWICK Drive Waterford, MI TO BE BUILT! Sylvan Lake Canal Front RANCH with Main Lake View! Almost half an Acre with o...	3 beds \| 3 baths \| 1,700 sq.ft.	$875,000	Airbnb cash on cash: 1.13% Traditional cash on cash: 1.88% Airbnb Rental Income: $2756 Traditional Rental Income: $2716 Airbnb ROI: 1.13% Traditional ROI: 1.88%
6354 SALINE Drive Waterford, MI Come check out this cozy ranch. Features 2 bedrooms 1 bath. Detached 2 car garage with wo...	2 beds \| 1 baths \| 1,010 sq.ft.	$214,900	Airbnb cash on cash: 6.95% Traditional cash on cash: 5.11% Airbnb Rental Income: $2506 Traditional Rental Income: $1525 Airbnb ROI: 6.95% Traditional ROI: 5.11%
4013 MOTORWAY Drive Waterford, MI Open House: Sunday, November 17th - 11:00 AM - 1:00 PM Come see this inviting home and di...	2 beds \| 1 baths \| 965 sq.ft.	$220,000	Airbnb cash on cash: 6.47% Traditional cash on cash: 4.8% Airbnb Rental Income: $2506 Traditional Rental Income: $1552 Airbnb ROI: 6.47% Traditional ROI: 4.8%
3976 Lotus Landing Circle Waterford, MI This Spacious 1,800 SF Colonial Home is featuring a Open Floor plan w/ Kitchen with a Is...	3 beds \| 3 baths \| 1,800 sq.ft.	$339,900	Airbnb cash on cash: 4.95% Traditional cash on cash: 6.27% Airbnb Rental Income: $2756 Traditional Rental Income: $2530 Airbnb ROI: 4.95% Traditional ROI: 6.27%
9999 Madeleine Lane Waterford, MI *To-be-Built* NEW CONSTRUCTION!! Introducing an exquisite ranch-style home opportunit...	3 beds \| 4 baths \| 2,046 sq.ft.	$580,000	Airbnb cash on cash: 2.56% Traditional cash on cash: 4.28% Airbnb Rental Income: $2756 Traditional Rental Income: $3040 Airbnb ROI: 2.56% Traditional ROI: 4.28%
3860 FABER TERRACE Waterford, MI Freshly renovated bungalow on over 1/4 acre fenced deep (140') double lot very close to El...	3 beds \| 3 baths \| 1,632 sq.ft.	$299,900	Airbnb cash on cash: 5.59% Traditional cash on cash: 7.41% Airbnb Rental Income: $2756 Traditional Rental Income: $2624 Airbnb ROI: 5.59% Traditional ROI: 7.41%
4125 AIRPORT Road Waterford, MI WOW MOVE IN READY Fully UPDATED ranch home located on a double lot in Waterford, with your...	3 beds \| 2 baths \| 2,299 sq.ft.	$310,000	Airbnb cash on cash: 4.82% Traditional cash on cash: 7.27% Airbnb Rental Income: $2756 Traditional Rental Income: $2823 Airbnb ROI: 4.82% Traditional ROI: 7.27%
3559 PORT COVE Drive #23 Waterford, MI Welcome to your dream home, a luxurious lakeside retreat that offers the perfect blend of ...	2 beds \| 2 baths \| 1,650 sq.ft.	$419,900	Airbnb cash on cash: 0.49% Traditional cash on cash: 2.65% Airbnb Rental Income: $2506 Traditional Rental Income: $2750 Airbnb ROI: 0.49% Traditional ROI: 2.65%
935 Stratton Drive Waterford, MI SELLER MOTIVATED - CALL AGENT FOR DETAILS. 3-story home situated on an island on Sylvan La...	4 beds \| 4 baths \| 4,848 sq.ft.	$999,000	Airbnb cash on cash: 1.58% Traditional cash on cash: 0.66% Airbnb Rental Income: $6133 Traditional Rental Income: $4065 Airbnb ROI: 1.58% Traditional ROI: 0.66%
7940 DIVOT Drive Waterford, MI Discover elegant living in this Waterford Fairways condo, featuring a charming brick exter...	3 beds \| 4 baths \| 1,718 sq.ft.	$339,900	Airbnb cash on cash: 3.06% Traditional cash on cash: 5.38% Airbnb Rental Income: $2756 Traditional Rental Income: $2847 Airbnb ROI: 3.06% Traditional ROI: 5.38%
2973 Loon Lake Shores Road Waterford, MI Come see this beautiful 3500 sq. foot home including the fully finished walkout lower leve...	3 beds \| 4 baths \| 2,166 sq.ft.	$449,900	Airbnb cash on cash: 2.53% Traditional cash on cash: 4.91% Airbnb Rental Income: $2756 Traditional Rental Income: $3109 Airbnb ROI: 2.53% Traditional ROI: 4.91%
1530 RIVONA Drive Waterford, MI Welcome to your stunning lakeside retreat on Cass Lake in the popular and always desired W...	3 beds \| 4 baths \| 3,667 sq.ft.	$1,499,000	Airbnb cash on cash: -0.35% Traditional cash on cash: 1.24% Airbnb Rental Income: $2756 Traditional Rental Income: $4311 Airbnb ROI: -0.35% Traditional ROI: 1.24%
733 MCDOUGAL Drive Waterford, MI Stunning Custom Built Lakefront Home on Desirable All Sports Elizabeth Lake! Prime Locati...	3 beds \| 3 baths \| 2,574 sq.ft.	$1,175,000	Airbnb cash on cash: 0.08% Traditional cash on cash: 1.02% Airbnb Rental Income: $2756 Traditional Rental Income: $3144 Airbnb ROI: 0.08% Traditional ROI: 1.02%
4860 Cooley Lake Waterford, MI Crescent Lakefront opportunity to own 130 foot of main Lakefront where the possibilities a...	4 beds \| 3 baths \| 2,800 sq.ft.	$899,900	Airbnb cash on cash: 4.66% Traditional cash on cash: 2.74% Airbnb Rental Income: $6133 Traditional Rental Income: $3306 Airbnb ROI: 4.66% Traditional ROI: 2.74%
3466 MEINRAD Drive Waterford, MI ATTN Buyers: Seller is offering $5k in concessions to be applied towards upgrades. Welcom...	3 beds \| 2 baths \| 1,091 sq.ft.	$244,000	Airbnb cash on cash: 6.81% Traditional cash on cash: 6.36% Airbnb Rental Income: $2756 Traditional Rental Income: $2004 Airbnb ROI: 6.81% Traditional ROI: 6.36%
4975 COSHOCTON Drive Waterford, MI Welcome to your dream waterfront retreat! This stunning lake house, nestled in Gerundegut ...	4 beds \| 4 baths \| 1,862 sq.ft.	$775,000	Airbnb cash on cash: 4.91% Traditional cash on cash: 2.84% Airbnb Rental Income: $6133 Traditional Rental Income: $3424 Airbnb ROI: 4.91% Traditional ROI: 2.84%
5919 Kings Arms Road Waterford, MI This is a great first or step down purchase in popular Williamsburg Green. The new price m...	3 beds \| 2 baths \| 1,837 sq.ft.	$309,900	Airbnb cash on cash: 5.14% Traditional cash on cash: 6.28% Airbnb Rental Income: $2756 Traditional Rental Income: $2440 Airbnb ROI: 5.14% Traditional ROI: 6.28%
4163 Wenonah Waterford, MI Welcome to this beautifully remodeled ranch home, offering views of the Lake right from yo...	2 beds \| 3 baths \| 1,004 sq.ft.	$239,500	Airbnb cash on cash: 5.46% Traditional cash on cash: 6.3% Airbnb Rental Income: $2506 Traditional Rental Income: $2089 Airbnb ROI: 5.46% Traditional ROI: 6.3%
7958 Jordan Waterford, MI Welcome to the Rockland Ranch! This spacious 3-bedroom ranch has 9âft. first floor ceili...	3 beds \| 2 baths \| 1,854 sq.ft.	$494,900	Airbnb cash on cash: 1.67% Traditional cash on cash: 2.25% Airbnb Rental Income: $2756 Traditional Rental Income: $2375 Airbnb ROI: 1.67% Traditional ROI: 2.25%
3560 Dorothy Lane Waterford, MI Welcome to this beautiful colonial home just waiting for the right buyer to make it extrao...	5 beds \| 5 baths \| 3,396 sq.ft.	$650,000	Airbnb cash on cash: 3.45% Traditional cash on cash: 5.37% Airbnb Rental Income: $4691 Traditional Rental Income: $4881 Airbnb ROI: 3.45% Traditional ROI: 5.37%

Real Estate investment in Waterford, MI

There are 105 properties for sale in the city of Waterford . The median list price in Waterford is $307,450 and the average price per square foot is $187. In November 2024, the average monthly cash on cash return in Waterford is 5.00%. The average monthly rental income in Waterford is $2,328.

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

There are 105 investment properties available for sale in Waterford.

In 2024, 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 $2,756.

Your search for investment property begins and ends here

Investment Property for Sale in Waterford, MI

3975 MONROE Avenue

Waterford, MI

3 beds | 2 baths | 1,757 sq.ft.

$340,000

Airbnb cash on cash: 3.44%

Traditional cash on cash: 4.39%

Airbnb Rental Income: $2756

Traditional Rental Income: $2412

Airbnb ROI: 3.44%

Traditional ROI: 4.39%

289 Fountain Park Drive

Waterford, MI

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

$379,900

Airbnb cash on cash: 3.39%

Traditional cash on cash: 5.28%

Airbnb Rental Income: $2756

Traditional Rental Income: $2781

Airbnb ROI: 3.39%

Traditional ROI: 5.28%

2716 SINCLAIR Avenue

Waterford, MI

3 beds | 1 baths | 1,091 sq.ft.

$229,000

Airbnb cash on cash: 6.82%

Traditional cash on cash: 4.43%

Airbnb Rental Income: $2756

Traditional Rental Income: $1591

Airbnb ROI: 6.82%

Traditional ROI: 4.43%

5404 SARVIS Avenue

Waterford, MI

2 beds | 1 baths | 1,000 sq.ft.

$225,000

Airbnb cash on cash: 5.92%

Traditional cash on cash: 3.61%

Airbnb Rental Income: $2506

Traditional Rental Income: $1408

Airbnb ROI: 5.92%

Traditional ROI: 3.61%

2996 LOON LAKE SHORES Road

Waterford, MI

4 beds | 3 baths | 2,367 sq.ft.

$539,900

Airbnb cash on cash: 6.87%

Traditional cash on cash: 2.91%

Airbnb Rental Income: $6133

Traditional Rental Income: $2925

Airbnb ROI: 6.87%

Traditional ROI: 2.91%

921 WOODINGHAM Avenue

Waterford, MI

3 beds | 1 baths | 1,131 sq.ft.

$290,000

Airbnb cash on cash: 4.6%

Traditional cash on cash: 2.69%

Airbnb Rental Income: $2756

Traditional Rental Income: $1584

Airbnb ROI: 4.6%

Traditional ROI: 2.69%

759 LYLE Drive

Waterford, MI

4 beds | 4 baths | 2,960 sq.ft.

$1,599,000

Airbnb cash on cash: 1.52%

Traditional cash on cash: 0.64%

Airbnb Rental Income: $6133

Traditional Rental Income: $3610

Airbnb ROI: 1.52%

Traditional ROI: 0.64%

2806 COTTONWOOD Drive #C

Waterford, MI

2 beds | 2 baths | 1,211 sq.ft.

$199,900

Airbnb cash on cash: 5.16%

Traditional cash on cash: 5.09%

Airbnb Rental Income: $2506

Traditional Rental Income: $1887

Airbnb ROI: 5.16%