Real Estate Investment Properties for Sale in Hancock, MI

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
803 Elm St Hancock, MI Here is a well-maintained duplex ideally located near the waterfront, downtown Hancock, sh...	6 beds \| 2 baths \| 3,040 sq.ft.	$239,000	Airbnb cash on cash: 7.78% Traditional cash on cash: 10.72% Airbnb Rental Income: $3155 Traditional Rental Income: $3105 Airbnb ROI: 7.78% Traditional ROI: 10.72%
25160 Upper Point Mills Rd Hancock, MI This is an incredible estate offering the rare combination of substantial acreage, private...	5 beds \| 4 baths \| 1,967 sq.ft.	$899,000	Airbnb cash on cash: 0.27% Traditional cash on cash: 2.3% Airbnb Rental Income: $3155 Traditional Rental Income: $4135 Airbnb ROI: 0.27% Traditional ROI: 2.3%
1115 Summit St Hancock, MI 1115 Summit St, Hancock, MI 49930 \| Single Family Residential	3 beds \| 1 baths \| 1,356 sq.ft.	$179,900	Airbnb cash on cash: 7.95% Traditional cash on cash: 4.92% Airbnb Rental Income: $2489 Traditional Rental Income: $1365 Airbnb ROI: 7.95% Traditional ROI: 4.92%
726 N Lincoln Dr Hancock, MI 726 N Lincoln Dr, Hancock, MI 49930 \| Single Family Residential	3 beds \| 1 baths \| 1,305 sq.ft.	$177,000	Airbnb cash on cash: 8.12% Traditional cash on cash: 4.37% Airbnb Rental Income: $2489 Traditional Rental Income: $1252 Airbnb ROI: 8.12% Traditional ROI: 4.37%
21342 Royce Rd Hancock, MI Approximately 33 acres just outside of Hancock, Michigan, on Royce Road, featuring a 5-bed...	5 beds \| 1 baths \| 2,592 sq.ft.	$475,000	Airbnb cash on cash: 2.75% Traditional cash on cash: 1.54% Airbnb Rental Income: $3155 Traditional Rental Income: $1900 Airbnb ROI: 2.75% Traditional ROI: 1.54%
TBD4 Dolomite Dr Hancock, MI TBD4 Dolomite Dr, Hancock, MI 49930 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$55,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.5% Airbnb Rental Income: $null Traditional Rental Income: $814 Airbnb ROI: N/A Traditional ROI: 10.5%
TBD6 Dolomite Dr Hancock, MI TBD6 Dolomite Dr, Hancock, MI 49930 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$55,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.5% Airbnb Rental Income: $null Traditional Rental Income: $814 Airbnb ROI: N/A Traditional ROI: 10.5%
TBD15 Dolomite Dr Hancock, MI TBD15 Dolomite Dr, Hancock, MI 49930 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$53,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.96% Airbnb Rental Income: $null Traditional Rental Income: $814 Airbnb ROI: N/A Traditional ROI: 10.96%
TBD13 Dolomite Dr Hancock, MI TBD13 Dolomite Dr, Hancock, MI 49930 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$53,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.96% Airbnb Rental Income: $null Traditional Rental Income: $814 Airbnb ROI: N/A Traditional ROI: 10.96%
TBD16 Dolomite Dr Hancock, MI TBD16 Dolomite Dr, Hancock, MI 49930 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$53,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.85% Airbnb Rental Income: $null Traditional Rental Income: $647 Airbnb ROI: N/A Traditional ROI: 7.85%
TBD5 Dolomite Dr Hancock, MI TBD5 Dolomite Dr, Hancock, MI 49930 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$55,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.5% Airbnb Rental Income: $null Traditional Rental Income: $814 Airbnb ROI: N/A Traditional ROI: 10.5%
TBD2 Dolomite Dr Hancock, MI TBD2 Dolomite Dr, Hancock, MI 49930 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$58,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.9% Airbnb Rental Income: $null Traditional Rental Income: $814 Airbnb ROI: N/A Traditional ROI: 9.9%
TBD3 Dolomite Dr Hancock, MI TBD3 Dolomite Dr, Hancock, MI 49930 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$57,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.09% Airbnb Rental Income: $null Traditional Rental Income: $814 Airbnb ROI: N/A Traditional ROI: 10.09%
TBD8 Dolomite Dr Hancock, MI TBD8 Dolomite Dr, Hancock, MI 49930 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$59,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.69% Airbnb Rental Income: $null Traditional Rental Income: $814 Airbnb ROI: N/A Traditional ROI: 9.69%
TBD1 Dolomite Dr Hancock, MI TBD1 Dolomite Dr, Hancock, MI 49930 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$58,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.9% Airbnb Rental Income: $null Traditional Rental Income: $814 Airbnb ROI: N/A Traditional ROI: 9.9%
TBD7 Dolomite Dr Hancock, MI TBD7 Dolomite Dr, Hancock, MI 49930 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$55,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.5% Airbnb Rental Income: $null Traditional Rental Income: $814 Airbnb ROI: N/A Traditional ROI: 10.5%
TBD14 Dolomite Dr Hancock, MI TBD14 Dolomite Dr, Hancock, MI 49930 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$53,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.96% Airbnb Rental Income: $null Traditional Rental Income: $814 Airbnb ROI: N/A Traditional ROI: 10.96%
TBD Lake Annie Cross Cut Rd Hancock, MI TBD Lake Annie Cross Cut Rd, Hancock, MI 49930 \| Other	N/A beds \| N/A baths \| N/A	$76,500	Airbnb cash on cash: N/A Traditional cash on cash: 4.86% Airbnb Rental Income: $null Traditional Rental Income: $647 Airbnb ROI: N/A Traditional ROI: 4.86%
TBD B Gorton Rd Hancock, MI TBD B Gorton Rd, Hancock, MI 49930 \| Other	N/A beds \| N/A baths \| N/A	$55,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.49% Airbnb Rental Income: $null Traditional Rental Income: $647 Airbnb ROI: N/A Traditional ROI: 7.49%
TBD 12 Dolomite Dr Hancock, MI TBD 12 Dolomite Dr, Hancock, MI 49930 \| Other	N/A beds \| N/A baths \| N/A	$53,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.85% Airbnb Rental Income: $null Traditional Rental Income: $647 Airbnb ROI: N/A Traditional ROI: 7.85%
304 Harris Ave Hancock, MI 304 Harris Ave, Hancock, MI 49930 \| Single Family Residential	3 beds \| 1 baths \| 2,488 sq.ft.	$370,000	Airbnb cash on cash: 2.64% Traditional cash on cash: 1.29% Airbnb Rental Income: $2489 Traditional Rental Income: $1416 Airbnb ROI: 2.64% Traditional ROI: 1.29%
1648 Captain's Dr Hancock, MI New Construction Home in the Hancock Public Schools. This traditional two-story home offer...	4 beds \| 2 baths \| 1,883 sq.ft.	$424,900	Airbnb cash on cash: 6.65% Traditional cash on cash: 4.46% Airbnb Rental Income: $4719 Traditional Rental Income: $2875 Airbnb ROI: 6.65% Traditional ROI: 4.46%
TBD Oikarainen Rd Hancock, MI TBD Oikarainen Rd, Hancock, MI 49930 \| Other	N/A beds \| N/A baths \| N/A	$55,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.55% Airbnb Rental Income: $null Traditional Rental Income: $650 Airbnb ROI: N/A Traditional ROI: 7.55%
315 Reservation St Hancock, MI 315 Reservation St, Hancock, MI 49930 \| Single Family Residential	14 beds \| 9 baths \| 6,082 sq.ft.	$679,900	Airbnb cash on cash: 1.17% Traditional cash on cash: 6.57% Airbnb Rental Income: $3155 Traditional Rental Income: $5862 Airbnb ROI: 1.17% Traditional ROI: 6.57%
TBD Ingot St Hancock, MI TBD Ingot St, Hancock, MI 49930 \| Other	N/A beds \| N/A baths \| N/A	$175,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.81% Airbnb Rental Income: $null Traditional Rental Income: $647 Airbnb ROI: N/A Traditional ROI: 0.81%
50802 N Mesnard Location Rd Hancock, MI Conveniently located in Franklin Township just off Paavola Road, this 3 bed / 1.5 bath ren...	3 beds \| 1 baths \| 1,425 sq.ft.	$259,900	Airbnb cash on cash: 6.12% Traditional cash on cash: 7.39% Airbnb Rental Income: $2489 Traditional Rental Income: $2197 Airbnb ROI: 6.12% Traditional ROI: 7.39%
26950 & 26881 E Grosse Point Rd Hancock, MI Charming and thoughtfully designed, this one bedroom, one bath cabin on East Grosse Point ...	1 beds \| 1 baths \| 672 sq.ft.	$297,000	Airbnb cash on cash: 0.46% Traditional cash on cash: 7.46% Airbnb Rental Income: $885 Traditional Rental Income: $2506 Airbnb ROI: 0.46% Traditional ROI: 7.46%
1623 Portage Dr Hancock, MI New Construction in Hancock, MI within Hancock Public Schools. This traditional two-story ...	4 beds \| 2 baths \| 1,830 sq.ft.	$414,900	Airbnb cash on cash: 6.87% Traditional cash on cash: 4.87% Airbnb Rental Income: $4719 Traditional Rental Income: $2968 Airbnb ROI: 6.87% Traditional ROI: 4.87%
204 Montezuma St Hancock, MI A timeless Victorian beauty. This house boasts so many original, unspoiled details like 4 ...	5 beds \| 2 baths \| 3,504 sq.ft.	$325,000	Airbnb cash on cash: 5.5% Traditional cash on cash: 6.12% Airbnb Rental Income: $3155 Traditional Rental Income: $2632 Airbnb ROI: 5.5% Traditional ROI: 6.12%
56230 Bear Rd Hancock, MI 56230 Bear Lake Rd, Hancock, MI 49930 \| Single Family Residential	3 beds \| 1 baths \| 1,504 sq.ft.	$405,000	Airbnb cash on cash: 2.19% Traditional cash on cash: 1.06% Airbnb Rental Income: $2489 Traditional Rental Income: $1456 Airbnb ROI: 2.19% Traditional ROI: 1.06%
21207 ROYCE Rd Hancock, MI 21207 ROYCE Rd, Hancock, MI 49930 \| Other	N/A beds \| N/A baths \| N/A	$1,500,000	Airbnb cash on cash: N/A Traditional cash on cash: -2.13% Airbnb Rental Income: $null Traditional Rental Income: $648 Airbnb ROI: N/A Traditional ROI: -2.13%
TBD Crestwood Dr Hancock, MI TBD Crestwood Dr, Hancock, MI 49930 \| Other	N/A beds \| N/A baths \| N/A	$39,500	Airbnb cash on cash: N/A Traditional cash on cash: 11.14% Airbnb Rental Income: $null Traditional Rental Income: $653 Airbnb ROI: N/A Traditional ROI: 11.14%
50435 Nightingale Dr Hancock, MI This custom waterfront home offers approximately 150 feet of private frontage with direct ...	2 beds \| 2 baths \| 1,204 sq.ft.	$729,000	Airbnb cash on cash: -1.12% Traditional cash on cash: 1.33% Airbnb Rental Income: $1490 Traditional Rental Income: $2720 Airbnb ROI: -1.12% Traditional ROI: 1.33%
1013 Elm St Hancock, MI A cozy and charming home in the heart of Hancock! This two bedroom, two bathroom home has ...	2 beds \| 1 baths \| 1,600 sq.ft.	$134,900	Airbnb cash on cash: 4.11% Traditional cash on cash: 10.89% Airbnb Rental Income: $1490 Traditional Rental Income: $2057 Airbnb ROI: 4.11% Traditional ROI: 10.89%
TBD Lakeshore Dr Hancock, MI TBD Lakeshore Dr, Hancock, MI 49930 \| Other	N/A beds \| N/A baths \| N/A	$199,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.44% Airbnb Rental Income: $null Traditional Rental Income: $650 Airbnb ROI: N/A Traditional ROI: 0.44%
51795 Pontiac Rd Hancock, MI 51795 Pontiac Rd, Hancock, MI 49930 \| Single Family Residential	2 beds \| 1 baths \| 1,200 sq.ft.	$349,000	Airbnb cash on cash: 0.4% Traditional cash on cash: 0.69% Airbnb Rental Income: $1490 Traditional Rental Income: $1146 Airbnb ROI: 0.4% Traditional ROI: 0.69%
49166 Nightingale Drive Hancock, MI Experience supreme efficiency and modern comfort in this newly built, ICF constructed home...	4 beds \| 3 baths \| 2,496 sq.ft.	$515,000	Airbnb cash on cash: 6.49% Traditional cash on cash: 5.31% Airbnb Rental Income: $4719 Traditional Rental Income: $3175 Airbnb ROI: 6.49% Traditional ROI: 5.31%
19869 Lakeview Dr Hancock, MI Located in East Hancock, this expansive home offers the perfect balance of privacy and con...	5 beds \| 2 baths \| 2,787 sq.ft.	$349,900	Airbnb cash on cash: 6.02% Traditional cash on cash: 10.53% Airbnb Rental Income: $3155 Traditional Rental Income: $3920 Airbnb ROI: 6.02% Traditional ROI: 10.53%
20904 E 2nd St Hancock, MI 20904 E 2nd St, Hancock, MI 49930 \| Single Family Residential	2 beds \| 2 baths \| 1,532 sq.ft.	$130,000	Airbnb cash on cash: 5.17% Traditional cash on cash: 10.09% Airbnb Rental Income: $1490 Traditional Rental Income: $1668 Airbnb ROI: 5.17% Traditional ROI: 10.09%
50561 Sixth St Hancock, MI 50561 Sixth St, Hancock, MI 49930 \| Single Family Residential	10 beds \| 7 baths \| 5,288 sq.ft.	$950,000	Airbnb cash on cash: 0.12% Traditional cash on cash: 3.94% Airbnb Rental Income: $3155 Traditional Rental Income: $5819 Airbnb ROI: 0.12% Traditional ROI: 3.94%

Real Estate investment in Hancock, MI

There are 54 properties for sale in the city of Hancock . The median list price in Hancock is $199,880 and the average price per square foot is $127. In July 2026, the average monthly cash on cash return in Hancock is 7.00%. The average monthly rental income in Hancock is $1,474.

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

There are 54 investment properties available for sale in Hancock.

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

The ROI for Long-Term is higher than the Short-Term in Hancock with average rental income of $1,474.

Your search for investment property begins and ends here

Investment Property for Sale in Hancock, MI

803 Elm St

Hancock, MI

6 beds | 2 baths | 3,040 sq.ft.

$239,000

Airbnb cash on cash: 7.78%

Traditional cash on cash: 10.72%

Airbnb Rental Income: $3155

Traditional Rental Income: $3105

Airbnb ROI: 7.78%

Traditional ROI: 10.72%

25160 Upper Point Mills Rd

Hancock, MI

5 beds | 4 baths | 1,967 sq.ft.

$899,000

Airbnb cash on cash: 0.27%

Traditional cash on cash: 2.3%

Airbnb Rental Income: $3155

Traditional Rental Income: $4135

Airbnb ROI: 0.27%

Traditional ROI: 2.3%

1115 Summit St

Hancock, MI

3 beds | 1 baths | 1,356 sq.ft.

$179,900

Airbnb cash on cash: 7.95%

Traditional cash on cash: 4.92%

Airbnb Rental Income: $2489

Traditional Rental Income: $1365

Airbnb ROI: 7.95%

Traditional ROI: 4.92%

726 N Lincoln Dr

Hancock, MI

3 beds | 1 baths | 1,305 sq.ft.

$177,000

Airbnb cash on cash: 8.12%

Traditional cash on cash: 4.37%

Airbnb Rental Income: $2489

Traditional Rental Income: $1252

Airbnb ROI: 8.12%

Traditional ROI: 4.37%

21342 Royce Rd

Hancock, MI

5 beds | 1 baths | 2,592 sq.ft.

$475,000

Airbnb cash on cash: 2.75%

Traditional cash on cash: 1.54%

Airbnb Rental Income: $3155

Traditional Rental Income: $1900

Airbnb ROI: 2.75%

Traditional ROI: 1.54%

TBD4 Dolomite Dr

Hancock, MI

N/A beds | N/A baths | 0 sq.ft.

$55,000

Airbnb cash on cash: N/A

Traditional cash on cash: 10.5%

Airbnb Rental Income: $null

Traditional Rental Income: $814

Airbnb ROI: N/A

Traditional ROI: 10.5%

TBD6 Dolomite Dr

Hancock, MI

N/A beds | N/A baths | 0 sq.ft.

$55,000

Airbnb cash on cash: N/A

Traditional cash on cash: 10.5%

Airbnb Rental Income: $null

Traditional Rental Income: $814

Airbnb ROI: N/A

Traditional ROI: 10.5%

TBD15 Dolomite Dr

Hancock, MI

N/A beds | N/A baths | 0 sq.ft.

$53,000

Airbnb cash on cash: N/A

Traditional cash on cash: 10.96%

Airbnb Rental Income: $null

Traditional Rental Income: $814

Airbnb ROI: N/A