Real Estate Investment Properties for Sale in Hillsdale, MI

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

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

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
54 GOODRICH AVE Hillsdale, MI Invest with success and buy through Auction.com. This bank-owned investment property is a ...	2 beds \| 1 baths \| 744 sq.ft.	$105,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.88% Airbnb Rental Income: $null Traditional Rental Income: $1176 Airbnb ROI: N/A Traditional ROI: 8.88%
1140 Lochaven Cir #10B Hillsdale, MI This unit is now complete and move in ready! It sits on a crawl space and has a screened i...	2 beds \| 2 baths \| 1,768 sq.ft.	$474,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.35% Airbnb Rental Income: $null Traditional Rental Income: $3074 Airbnb ROI: N/A Traditional ROI: 3.35%
246 Glei Ct Hillsdale, MI Welcome to this inviting 4 bed, 3 full bath condominium in the Hillsdale Commons neighborh...	4 beds \| 3 baths \| 3,050 sq.ft.	$365,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.51% Airbnb Rental Income: $null Traditional Rental Income: $3309 Airbnb ROI: N/A Traditional ROI: 5.51%
4300 W Bacon Rd Hillsdale, MI Stunning lake views throughout the home. This lakefront brick Ranch is designed to capture...	3 beds \| 3 baths \| 3,348 sq.ft.	$550,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.06% Airbnb Rental Income: $null Traditional Rental Income: $3071 Airbnb ROI: N/A Traditional ROI: 4.06%
64 Union St Hillsdale, MI The owners took this property from dismal to beautiful. They are excited for you to see it...	4 beds \| 2 baths \| 1,794 sq.ft.	$194,500	Airbnb cash on cash: N/A Traditional cash on cash: 7.28% Airbnb Rental Income: $null Traditional Rental Income: $1781 Airbnb ROI: N/A Traditional ROI: 7.28%
4794 Keith Rd Hillsdale, MI Motivated Sellers! Immediate Possession! New Construction Home with Luxurious Features and...	3 beds \| 3 baths \| 2,736 sq.ft.	$598,500	Airbnb cash on cash: N/A Traditional cash on cash: 4.21% Airbnb Rental Income: $null Traditional Rental Income: $3244 Airbnb ROI: N/A Traditional ROI: 4.21%
233 Auseon Ct Hillsdale, MI BRAND NEW CONDO in a fantastic spot in the Hillsdale Commons neighborhood. Unit #20 is one...	3 beds \| 3 baths \| 3,250 sq.ft.	$419,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.15% Airbnb Rental Income: $null Traditional Rental Income: $3007 Airbnb ROI: N/A Traditional ROI: 5.15%
235 Auseon Ct Hillsdale, MI BRAND NEW CONDO in a fantastic spot in the Hillsdale Commons neighborhood. Unit #19 is one...	3 beds \| 3 baths \| 3,250 sq.ft.	$421,500	Airbnb cash on cash: N/A Traditional cash on cash: 5.13% Airbnb Rental Income: $null Traditional Rental Income: $3007 Airbnb ROI: N/A Traditional ROI: 5.13%
3553 Alpine Court Hillsdale, MI Welcome to this stunning lake access home on beautiful Lake Wilson! Featuring 5 bedrooms &...	5 beds \| 2 baths \| 3,443 sq.ft.	$645,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.11% Airbnb Rental Income: $null Traditional Rental Income: $3367 Airbnb ROI: N/A Traditional ROI: 4.11%
1391 Lake Wilson Rd S Hillsdale, MI A Wildlife Paradise on 10+ Wooded Acres! If privacy, tons of living space, and nature are ...	4 beds \| 2 baths \| 5,168 sq.ft.	$380,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.31% Airbnb Rental Income: $null Traditional Rental Income: $3996 Airbnb ROI: N/A Traditional ROI: 9.31%
134 S Howell St Hillsdale, MI Buy with confidence in this classic move in ready home! Structural inspection and electric...	4 beds \| 1 baths \| 1,900 sq.ft.	$224,900	Airbnb cash on cash: N/A Traditional cash on cash: 10.74% Airbnb Rental Income: $null Traditional Rental Income: $2734 Airbnb ROI: N/A Traditional ROI: 10.74%
3190 W Bacon Rd Hillsdale, MI WOW - What a package!! This 3 bedroom home on 11 acres is just a few minutes from town but...	3 beds \| 1 baths \| 1,618 sq.ft.	$299,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.23% Airbnb Rental Income: $null Traditional Rental Income: $1856 Airbnb ROI: N/A Traditional ROI: 4.23%
1806 Barr St Hillsdale, MI OPEN HOUSE SATURDAY, OCTOBER 4, 2025 from 1pm to 3pm. Great Central Location!!! This beaut...	4 beds \| 2 baths \| 2,542 sq.ft.	$239,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.67% Airbnb Rental Income: $null Traditional Rental Income: $2857 Airbnb ROI: N/A Traditional ROI: 9.67%
4219 Kim Dr Hillsdale, MI Nature at it's best, A tranquil view of Lake Bel-air, PRIVATE all sports lake can be seen ...	3 beds \| 2 baths \| 2,232 sq.ft.	$381,920	Airbnb cash on cash: N/A Traditional cash on cash: 7.35% Airbnb Rental Income: $null Traditional Rental Income: $3305 Airbnb ROI: N/A Traditional ROI: 7.35%
245 Auseon Ct Hillsdale, MI Welcome to the Hillsdale Commons neighborhood! Unit #17 is ready for it's new owner! As is...	3 beds \| 3 baths \| 3,250 sq.ft.	$375,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.18% Airbnb Rental Income: $null Traditional Rental Income: $3115 Airbnb ROI: N/A Traditional ROI: 6.18%
243 Auseon Ct Hillsdale, MI Welcome to the Hillsdale Commons neighborhood! Unit #18 is ready for it's new owner! As is...	3 beds \| 3 baths \| 3,250 sq.ft.	$375,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.18% Airbnb Rental Income: $null Traditional Rental Income: $3115 Airbnb ROI: N/A Traditional ROI: 6.18%
5435 State Rd Hillsdale, MI	2 beds \| 2 baths \| 2,560 sq.ft.	$474,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.98% Airbnb Rental Income: $null Traditional Rental Income: $2528 Airbnb ROI: N/A Traditional ROI: 3.98%
2394 Forrest Dr Hillsdale, MI MOTIVATED SELLER! Rare 5-bedroom Cape Cod in Oak Haven with lake access to Baw Beese Lake-...	5 beds \| 1 baths \| 1,710 sq.ft.	$165,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.3% Airbnb Rental Income: $null Traditional Rental Income: $2010 Airbnb ROI: N/A Traditional ROI: 10.3%
10 Armstrong Hillsdale, MI	3 beds \| 1 baths \| 1,298 sq.ft.	$145,800	Airbnb cash on cash: N/A Traditional cash on cash: 11.27% Airbnb Rental Income: $null Traditional Rental Income: $1947 Airbnb ROI: N/A Traditional ROI: 11.27%
2201 S Sand Lake Rd Hillsdale, MI Secluded Paradise tucked in the hills of Southern Michigan's timber land. Looking to be aw...	3 beds \| 1 baths \| 1,536 sq.ft.	$199,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.84% Airbnb Rental Income: $null Traditional Rental Income: $1716 Airbnb ROI: N/A Traditional ROI: 6.84%
308 River St Hillsdale, MI Discover this spacious 4-bedroom, 2-bath home offering the perfect blend of comfort and ch...	4 beds \| 2 baths \| 1,850 sq.ft.	$220,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.34% Airbnb Rental Income: $null Traditional Rental Income: $2487 Airbnb ROI: N/A Traditional ROI: 9.34%
1520 Lamphere Street Hillsdale, MI Spacious quad-level in Hillsdale Township, just blocks from the city! The main level featu...	5 beds \| 2 baths \| 3,120 sq.ft.	$425,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.91% Airbnb Rental Income: $null Traditional Rental Income: $3453 Airbnb ROI: N/A Traditional ROI: 6.91%
1136 Lochaven Cir Hillsdale, MI One of Hillsdale's most sought after Condominium communities , when you drive in it says '...	3 beds \| 3 baths \| 4,604 sq.ft.	$707,566	Airbnb cash on cash: N/A Traditional cash on cash: 1.56% Airbnb Rental Income: $null Traditional Rental Income: $3163 Airbnb ROI: N/A Traditional ROI: 1.56%
1160 Lochaven Cir Hillsdale, MI One of Hillsdale's most sought after Condominium communities , when you drive in it says '...	2 beds \| 2 baths \| 1,768 sq.ft.	$499,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.49% Airbnb Rental Income: $null Traditional Rental Income: $3044 Airbnb ROI: N/A Traditional ROI: 4.49%
4048 Bankers Rd Hillsdale, MI This building is quite a unique property. There is a finished 1000sf home/apartment to liv...	3 beds \| 1 baths \| 1,004 sq.ft.	$149,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.07% Airbnb Rental Income: $null Traditional Rental Income: $1617 Airbnb ROI: N/A Traditional ROI: 9.07%
8820 S Lake Pleasant Rd Hillsdale, MI Welcome home to 8820 S Lake Pleasant Road! This beautifully updated three-bedroom, two-bat...	3 beds \| 2 baths \| 1,144 sq.ft.	$280,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.25% Airbnb Rental Income: $null Traditional Rental Income: $1770 Airbnb ROI: N/A Traditional ROI: 5.25%
95 S West St Hillsdale, MI OPEN HOUSE SUDAY, Nov. 9, 2025 from 1pm to 3pm. Stately traditional brick home. Convenient...	3 beds \| 2 baths \| 2,200 sq.ft.	$224,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.54% Airbnb Rental Income: $null Traditional Rental Income: $2572 Airbnb ROI: N/A Traditional ROI: 9.54%
5640 S Hillsdale Rd Hillsdale, MI Property is available for online auction only. See RealtyBid website for property, auction...	3 beds \| 2 baths \| 1,804 sq.ft.	$197,593	Airbnb cash on cash: N/A Traditional cash on cash: 9.89% Airbnb Rental Income: $null Traditional Rental Income: $2360 Airbnb ROI: N/A Traditional ROI: 9.89%
106 E Sharp St Hillsdale, MI Welcome home to this historic, spacious, and charming home in the City of Hillsdale. With ...	5 beds \| 2 baths \| 2,286 sq.ft.	$239,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.29% Airbnb Rental Income: $null Traditional Rental Income: $2691 Airbnb ROI: N/A Traditional ROI: 9.29%
1240 E Bear Lake Rd Hillsdale, MI Imagine driving up this stunning driveway to discover an incredible 5-bedroom 2.5-bath hav...	5 beds \| 2 baths \| 3,607 sq.ft.	$675,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.09% Airbnb Rental Income: $null Traditional Rental Income: $2459 Airbnb ROI: N/A Traditional ROI: 2.09%
2 Azalea Ct Hillsdale, MI Would you love to be part of a community? This home has been loved for decades-and now the...	3 beds \| 2 baths \| 1,604 sq.ft.	$274,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.15% Airbnb Rental Income: $null Traditional Rental Income: $2262 Airbnb ROI: N/A Traditional ROI: 6.15%
2249 E Montgomery Hillsdale, MI	3 beds \| 1 baths \| 1,424 sq.ft.	$183,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.32% Airbnb Rental Income: $null Traditional Rental Income: $1615 Airbnb ROI: N/A Traditional ROI: 7.32%
3151 E Bacon Rd Hillsdale, MI FANTASTIC LOCATION--this rural gem on 4.16 acres sits just outside the city limits, offeri...	3 beds \| 1 baths \| 2,100 sq.ft.	$269,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.82% Airbnb Rental Income: $null Traditional Rental Income: $1766 Airbnb ROI: N/A Traditional ROI: 4.82%
28 Marion St Hillsdale, MI Located just blocks from Hillsdale College, this 3-bedroom home presents a solid investmen...	3 beds \| 1 baths \| 1,414 sq.ft.	$119,900	Airbnb cash on cash: N/A Traditional cash on cash: 10.81% Airbnb Rental Income: $null Traditional Rental Income: $1597 Airbnb ROI: N/A Traditional ROI: 10.81%
3389 Mary Ann Drive Hillsdale, MI LAKEFRONT PARADISE...two words to summarize this exquisite 3 bed 2 bath property situated ...	3 beds \| 2 baths \| 1,996 sq.ft.	$474,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.96% Airbnb Rental Income: $null Traditional Rental Income: $2791 Airbnb ROI: N/A Traditional ROI: 3.96%
63 S Howell St Hillsdale, MI Classic Victorian charm in a highly desirable in-town location just minutes from Hillsdale...	4 beds \| 1 baths \| 1,728 sq.ft.	$189,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.92% Airbnb Rental Income: $null Traditional Rental Income: $2342 Airbnb ROI: N/A Traditional ROI: 9.92%
36 E South St Hillsdale, MI The perfect home with great curb appeal for someone who is looking for a low maintenance p...	3 beds \| 2 baths \| 1,132 sq.ft.	$162,499	Airbnb cash on cash: N/A Traditional cash on cash: 9.2% Airbnb Rental Income: $null Traditional Rental Income: $1834 Airbnb ROI: N/A Traditional ROI: 9.2%
2249 E Montgomery Rd Hillsdale, MI 2249 E Montgomery Rd, Hillsdale, MI 49242 \| Single Family Residential	3 beds \| 1 baths \| 1,424 sq.ft.	$171,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.47% Airbnb Rental Income: $null Traditional Rental Income: $1238 Airbnb ROI: N/A Traditional ROI: 4.47%
34 Oak St Hillsdale, MI 34 Oak St, Hillsdale, MI 49242 \| Single Family Residential	4 beds \| 2 baths \| 1,832 sq.ft.	$219,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.87% Airbnb Rental Income: $null Traditional Rental Income: $2048 Airbnb ROI: N/A Traditional ROI: 6.87%
158 W Saint Joe St Hillsdale, MI 158 W Saint Joe St, Hillsdale, MI 49242 \| Single Family Residential	3 beds \| 1 baths \| 1,422 sq.ft.	$174,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.2% Airbnb Rental Income: $null Traditional Rental Income: $1378 Airbnb ROI: N/A Traditional ROI: 5.2%

Real Estate investment in Hillsdale, MI

There are 74 properties for sale in the city of Hillsdale . The median list price in Hillsdale is $239,900 and the average price per square foot is $116. In March 2026, the average monthly cash on cash return in Hillsdale is 7.00%. The average monthly rental income in Hillsdale is $1,972.

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

There are 74 investment properties available for sale in Hillsdale.

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

The ROI for Short-Term is higher than the Long-Term in Hillsdale with average rental income of $N/A.

Your search for investment property begins and ends here

Investment Property for Sale in Hillsdale, MI

54 GOODRICH AVE

Hillsdale, MI

2 beds | 1 baths | 744 sq.ft.

$105,000

Airbnb cash on cash: N/A

Traditional cash on cash: 8.88%

Airbnb Rental Income: $null

Traditional Rental Income: $1176

Airbnb ROI: N/A

Traditional ROI: 8.88%

1140 Lochaven Cir #10B

Hillsdale, MI

2 beds | 2 baths | 1,768 sq.ft.

$474,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.35%

Airbnb Rental Income: $null

Traditional Rental Income: $3074

Airbnb ROI: N/A

Traditional ROI: 3.35%

246 Glei Ct

Hillsdale, MI

4 beds | 3 baths | 3,050 sq.ft.

$365,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.51%

Airbnb Rental Income: $null

Traditional Rental Income: $3309

Airbnb ROI: N/A

Traditional ROI: 5.51%

4300 W Bacon Rd

Hillsdale, MI

3 beds | 3 baths | 3,348 sq.ft.

$550,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.06%

Airbnb Rental Income: $null

Traditional Rental Income: $3071

Airbnb ROI: N/A

Traditional ROI: 4.06%

64 Union St

Hillsdale, MI

4 beds | 2 baths | 1,794 sq.ft.

$194,500

Airbnb cash on cash: N/A

Traditional cash on cash: 7.28%

Airbnb Rental Income: $null

Traditional Rental Income: $1781

Airbnb ROI: N/A

Traditional ROI: 7.28%

4794 Keith Rd

Hillsdale, MI

3 beds | 3 baths | 2,736 sq.ft.

$598,500

Airbnb cash on cash: N/A

Traditional cash on cash: 4.21%

Airbnb Rental Income: $null

Traditional Rental Income: $3244

Airbnb ROI: N/A

Traditional ROI: 4.21%

233 Auseon Ct

Hillsdale, MI

3 beds | 3 baths | 3,250 sq.ft.

$419,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.15%

Airbnb Rental Income: $null

Traditional Rental Income: $3007

Airbnb ROI: N/A

Traditional ROI: 5.15%

235 Auseon Ct

Hillsdale, MI

3 beds | 3 baths | 3,250 sq.ft.

$421,500

Airbnb cash on cash: N/A

Traditional cash on cash: 5.13%

Airbnb Rental Income: $null

Traditional Rental Income: $3007

Airbnb ROI: N/A