Real Estate Investment Properties for Sale in Hillman, MI

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

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

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
22545 Pleasant Valley Rd Hillman, MI Set on 10.5 private acres, this beautifully maintained three-bedroom home offers comfort, ...	3 beds \| 2 baths \| 2,880 sq.ft.	$360,000	Airbnb cash on cash: 0.42% Traditional cash on cash: 4.68% Airbnb Rental Income: $1531 Traditional Rental Income: $2528 Airbnb ROI: 0.42% Traditional ROI: 4.68%
20915 N Shore Dr Hillman, MI This well-maintained 1995 ranch-style home offers a comfortable single-level layout with 3...	3 beds \| 2 baths \| 1,232 sq.ft.	$159,900	Airbnb cash on cash: 4.7% Traditional cash on cash: 11.37% Airbnb Rental Income: $1531 Traditional Rental Income: $2105 Airbnb ROI: 4.7% Traditional ROI: 11.37%
22130 Cohoon Rd Hillman, MI Country charmer on approximately 25 picturesque acres just west of Hillman! This inviting ...	3 beds \| 2 baths \| 2,933 sq.ft.	$315,000	Airbnb cash on cash: 0.83% Traditional cash on cash: 5.79% Airbnb Rental Income: $1531 Traditional Rental Income: $2555 Airbnb ROI: 0.83% Traditional ROI: 5.79%
20915 E Riverside Dr Hillman, MI Nestled along the 16th fairway of Thunder Bay Resort, this beautiful home offers the perfe...	2 beds \| 3 baths \| 1,980 sq.ft.	$399,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.96% Airbnb Rental Income: $null Traditional Rental Income: $2730 Airbnb ROI: N/A Traditional ROI: 4.96%
18910 Ellis Ln Hillman, MI Custom Built Log home situated in the quiet South Bay of Long Lake in Hillman. The 12.1 a...	3 beds \| 2 baths \| 2,177 sq.ft.	$799,000	Airbnb cash on cash: -0.12% Traditional cash on cash: 2.28% Airbnb Rental Income: $1531 Traditional Rental Income: $2876 Airbnb ROI: -0.12% Traditional ROI: 2.28%
8055 Farrier Rd Hillman, MI Country living at its finest! This beautifully updated 4 bedroom, 2.5 bath ranch offers th...	4 beds \| 2 baths \| 2,712 sq.ft.	$499,900	Airbnb cash on cash: 0.82% Traditional cash on cash: 4.32% Airbnb Rental Income: $2219 Traditional Rental Income: $3296 Airbnb ROI: 0.82% Traditional ROI: 4.32%
19241 Pine Tree Ct Hillman, MI This unique home has incredible, beachfront on scenic Ess Lake with lots of amenities incl...	4 beds \| 2 baths \| 2,800 sq.ft.	$499,000	Airbnb cash on cash: 2.03% Traditional cash on cash: 6.6% Airbnb Rental Income: $2219 Traditional Rental Income: $3793 Airbnb ROI: 2.03% Traditional ROI: 6.6%
18975 Red Pine Dr Hillman, MI Beautiful Lakefront Ranch home on all-sport Ess Lake! Located on a quiet dead-end paved ro...	3 beds \| 2 baths \| 1,584 sq.ft.	$383,900	Airbnb cash on cash: 1.41% Traditional cash on cash: 5.77% Airbnb Rental Income: $1531 Traditional Rental Income: $2656 Airbnb ROI: 1.41% Traditional ROI: 5.77%
20995 Baldwin Rd Hillman, MI Tucked away on a beautifully wooded 330x660 parcel, this stunning 3-bedroom, 2-bath home i...	3 beds \| 2 baths \| 1,495 sq.ft.	$295,000	Airbnb cash on cash: 2.24% Traditional cash on cash: 6.54% Airbnb Rental Income: $1531 Traditional Rental Income: $2282 Airbnb ROI: 2.24% Traditional ROI: 6.54%
22006 Bowden Trl Hillman, MI 22006 Bowden Trl, Hillman, MI 49746 \| Other	N/A beds \| N/A baths \| N/A	$141,900	Airbnb cash on cash: -1.05% Traditional cash on cash: 3.61% Airbnb Rental Income: $576 Traditional Rental Income: $925 Airbnb ROI: -1.05% Traditional ROI: 3.61%
1000 N Hillman Airport Hillman, MI 1000 N Hillman Airport, Hillman, MI 49746 \| Other	N/A beds \| N/A baths \| N/A	$324,900	Airbnb cash on cash: -1.87% Traditional cash on cash: 0.17% Airbnb Rental Income: $576 Traditional Rental Income: $916 Airbnb ROI: -1.87% Traditional ROI: 0.17%
N/A N/A Rd Hillman, MI N/A N/a Rd, Lachine, MI 49753 \| Other	N/A beds \| N/A baths \| N/A	$80,000	Airbnb cash on cash: 0.02% Traditional cash on cash: 7.6% Airbnb Rental Income: $576 Traditional Rental Income: $887 Airbnb ROI: 0.02% Traditional ROI: 7.6%
15100 Fairway Ct Hillman, MI	3 beds \| 2 baths \| 1,248 sq.ft.	$169,000	Airbnb cash on cash: 3.66% Traditional cash on cash: 9.64% Airbnb Rental Income: $1531 Traditional Rental Income: $2051 Airbnb ROI: 3.66% Traditional ROI: 9.64%
26 AC Connon Rd #26 Acres Hillman, MI 26 AC Connon Rd #26 Acres, Hillman, MI 49746 \| Other	N/A beds \| N/A baths \| N/A	$239,900	Airbnb cash on cash: -1.65% Traditional cash on cash: 1.11% Airbnb Rental Income: $576 Traditional Rental Income: $916 Airbnb ROI: -1.65% Traditional ROI: 1.11%
200 Elizabeth St Hillman, MI 200 Elizabeth St, Hillman, MI 49746 \| Single Family Residential	20 beds \| 21 baths \| 13,184 sq.ft.	$1,400,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.81% Airbnb Rental Income: $null Traditional Rental Income: $5736 Airbnb ROI: N/A Traditional ROI: 1.81%
14025 Funk Rd #Waterfront Thunder Bay River Hillman, MI Beautiful Waterfront Home in Montmorency County with about 220 Feet of Frontage on the Thu...	2 beds \| 1 baths \| 936 sq.ft.	$284,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.15% Airbnb Rental Income: $null Traditional Rental Income: $1611 Airbnb ROI: N/A Traditional ROI: 3.15%
23095 Pleasant Vly Hillman, MI Escape to the peaceful beauty of Northern Michigan with this charming waterfront cabin on ...	1 beds \| 1 baths \| N/A	$134,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.12% Airbnb Rental Income: $null Traditional Rental Income: $951 Airbnb ROI: N/A Traditional ROI: 4.12%
56.7 AC Emils Landing Rd Hillman, MI 56.7 AC Emils Landing Rd, Hillman, MI 49746 \| Other	N/A beds \| N/A baths \| N/A	$240,000	Airbnb cash on cash: -1.65% Traditional cash on cash: 1.15% Airbnb Rental Income: $576 Traditional Rental Income: $925 Airbnb ROI: -1.65% Traditional ROI: 1.15%
15355 Larry Rd Hillman, MI Live the "Up-North" dream in this log home nestled among 2.7 acres of beautiful hardwoods....	3 beds \| 2 baths \| 2,312 sq.ft.	$320,000	Airbnb cash on cash: 1.9% Traditional cash on cash: 6.69% Airbnb Rental Income: $1531 Traditional Rental Income: $2527 Airbnb ROI: 1.9% Traditional ROI: 6.69%
8978 Klein Road Hillman, MI Experience peaceful living in this 2 bedroom, 1.5 bathroom home, set on nearly 5 acres of ...	2 beds \| 2 baths \| 1,658 sq.ft.	$199,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.91% Airbnb Rental Income: $null Traditional Rental Income: $2219 Airbnb ROI: N/A Traditional ROI: 9.91%
22709 Pleasant Valley Rd Hillman, MI 22709 Pleasant Valley Rd, Hillman, MI 49746 \| Single Family Residential	3 beds \| 1 baths \| 960 sq.ft.	$170,000	Airbnb cash on cash: 3.62% Traditional cash on cash: 7.3% Airbnb Rental Income: $1531 Traditional Rental Income: $1682 Airbnb ROI: 3.62% Traditional ROI: 7.3%
22606 Banks Rd Hillman, MI 22606 Banks Rd, Hillman, MI 49746 \| Other	N/A beds \| N/A baths \| N/A	$75,000	Airbnb cash on cash: 0.19% Traditional cash on cash: 8.75% Airbnb Rental Income: $576 Traditional Rental Income: $925 Airbnb ROI: 0.19% Traditional ROI: 8.75%
18876 Pleasant Valley Rd Hillman, MI 18876 Pleasant Valley Rd, Hillman, MI 49746 \| Other	N/A beds \| N/A baths \| N/A	$275,000	Airbnb cash on cash: -1.76% Traditional cash on cash: 0.69% Airbnb Rental Income: $576 Traditional Rental Income: $925 Airbnb ROI: -1.76% Traditional ROI: 0.69%
19180 Michigan 32 Hillman, MI 19180 Michigan 32, Hillman, MI 49746 \| Other	N/A beds \| N/A baths \| N/A	$90,000	Airbnb cash on cash: -0.25% Traditional cash on cash: 6.96% Airbnb Rental Income: $576 Traditional Rental Income: $925 Airbnb ROI: -0.25% Traditional ROI: 6.96%
16225 County Road 451 Hillman, MI 16225 County Road 451, Hillman, MI 49746 \| Single Family Residential	3 beds \| 1 baths \| 1,543 sq.ft.	$240,000	Airbnb cash on cash: 1.86% Traditional cash on cash: 4.38% Airbnb Rental Income: $1531 Traditional Rental Income: $1657 Airbnb ROI: 1.86% Traditional ROI: 4.38%
3751 Jacks Landing Rd Hillman, MI 3751 Jacks Landing Rd, Hillman, MI 49746 \| Other	N/A beds \| N/A baths \| N/A	$89,900	Airbnb cash on cash: -0.23% Traditional cash on cash: 7.2% Airbnb Rental Income: $576 Traditional Rental Income: $944 Airbnb ROI: -0.23% Traditional ROI: 7.2%
19231 Pleasant Valley Rd Hillman, MI 19231 Pleasant Valley Rd, Hillman, MI 49746 \| Single Family Residential	2 beds \| 1 baths \| 864 sq.ft.	$107,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.27% Airbnb Rental Income: $null Traditional Rental Income: $1313 Airbnb ROI: N/A Traditional ROI: 9.27%
18444 M-32 W Hillman, MI 18444 M-32 W, Hillman, MI 49746 \| Single Family Residential	3 beds \| 1 baths \| 1,788 sq.ft.	$179,900	Airbnb cash on cash: 3.29% Traditional cash on cash: 7.73% Airbnb Rental Income: $1531 Traditional Rental Income: $1847 Airbnb ROI: 3.29% Traditional ROI: 7.73%
13460 Funk Rd Hillman, MI 13460 Funk Rd, Hillman, MI 49746 \| Single Family Residential	3 beds \| 2 baths \| 980 sq.ft.	$189,000	Airbnb cash on cash: 3.02% Traditional cash on cash: 7.56% Airbnb Rental Income: $1531 Traditional Rental Income: $1904 Airbnb ROI: 3.02% Traditional ROI: 7.56%
22905 Pleasant Valley Rd #Waterfront Hillman, MI 22905 Pleasant Valley Rd #Waterfront, Hillman, MI 49746 \| Single Family Residential	2 beds \| 1 baths \| 1,120 sq.ft.	$275,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.76% Airbnb Rental Income: $null Traditional Rental Income: $1463 Airbnb ROI: N/A Traditional ROI: 2.76%
22006 A Bowden Trl Hillman, MI 22006 A Bowden Trl, Hillman, MI 49746 \| Other	N/A beds \| N/A baths \| N/A	$353,100	Airbnb cash on cash: -1.93% Traditional cash on cash: 0.16% Airbnb Rental Income: $576 Traditional Rental Income: $984 Airbnb ROI: -1.93% Traditional ROI: 0.16%

Real Estate investment in Hillman, MI

There are 37 properties for sale in the city of Hillman . The median list price in Hillman is $469,719 and the average price per square foot is $245. In September 2026, the average monthly cash on cash return in Hillman is 8.00%. The average monthly rental income in Hillman is $1,352.

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

There are 37 investment properties available for sale in Hillman.

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

The ROI for Long-Term is higher than the Short-Term in Hillman with average rental income of $1,352.

Your search for investment property begins and ends here

Investment Property for Sale in Hillman, MI

22545 Pleasant Valley Rd

Hillman, MI

3 beds | 2 baths | 2,880 sq.ft.

$360,000

Airbnb cash on cash: 0.42%

Traditional cash on cash: 4.68%

Airbnb Rental Income: $1531

Traditional Rental Income: $2528

Airbnb ROI: 0.42%

Traditional ROI: 4.68%

20915 N Shore Dr

Hillman, MI

3 beds | 2 baths | 1,232 sq.ft.

$159,900

Airbnb cash on cash: 4.7%

Traditional cash on cash: 11.37%

Airbnb Rental Income: $1531

Traditional Rental Income: $2105

Airbnb ROI: 4.7%

Traditional ROI: 11.37%

22130 Cohoon Rd

Hillman, MI

3 beds | 2 baths | 2,933 sq.ft.

$315,000

Airbnb cash on cash: 0.83%

Traditional cash on cash: 5.79%

Airbnb Rental Income: $1531

Traditional Rental Income: $2555

Airbnb ROI: 0.83%

Traditional ROI: 5.79%

20915 E Riverside Dr

Hillman, MI

2 beds | 3 baths | 1,980 sq.ft.

$399,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.96%

Airbnb Rental Income: $null

Traditional Rental Income: $2730

Airbnb ROI: N/A

Traditional ROI: 4.96%

18910 Ellis Ln

Hillman, MI

3 beds | 2 baths | 2,177 sq.ft.

$799,000

Airbnb cash on cash: -0.12%

Traditional cash on cash: 2.28%

Airbnb Rental Income: $1531

Traditional Rental Income: $2876

Airbnb ROI: -0.12%

Traditional ROI: 2.28%

8055 Farrier Rd

Hillman, MI

4 beds | 2 baths | 2,712 sq.ft.

$499,900

Airbnb cash on cash: 0.82%

Traditional cash on cash: 4.32%

Airbnb Rental Income: $2219

Traditional Rental Income: $3296

Airbnb ROI: 0.82%

Traditional ROI: 4.32%

19241 Pine Tree Ct

Hillman, MI

4 beds | 2 baths | 2,800 sq.ft.

$499,000

Airbnb cash on cash: 2.03%

Traditional cash on cash: 6.6%

Airbnb Rental Income: $2219

Traditional Rental Income: $3793

Airbnb ROI: 2.03%

Traditional ROI: 6.6%

18975 Red Pine Dr

Hillman, MI

3 beds | 2 baths | 1,584 sq.ft.

$383,900

Airbnb cash on cash: 1.41%

Traditional cash on cash: 5.77%

Airbnb Rental Income: $1531

Traditional Rental Income: $2656

Airbnb ROI: 1.41%