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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
22545 Pleasant Valley Road Hillman, MI Set on 10.5 private acres, this beautifully maintained three-bedroom home offers comfort, ...	3 beds \| 3 baths \| 1,457 sq.ft.	$360,000	Airbnb cash on cash: 0.51% Traditional cash on cash: 4.68% Airbnb Rental Income: $1569 Traditional Rental Income: $2528 Airbnb ROI: 0.51% Traditional ROI: 4.68%
20915 N Shore Drive 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.	$169,900	Airbnb cash on cash: 4.57% Traditional cash on cash: 10.66% Airbnb Rental Income: $1569 Traditional Rental Income: $2105 Airbnb ROI: 4.57% Traditional ROI: 10.66%
22130 Cohoon Road 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: 0.94% Traditional cash on cash: 5.79% Airbnb Rental Income: $1569 Traditional Rental Income: $2555 Airbnb ROI: 0.94% Traditional ROI: 5.79%
20915 E Riverside Drive 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%
8055 Farrier Road Hillman, MI Country living at its finest! This beautifully updated 4 bedroom, 2.5 bath ranch offers th...	4 beds \| 3 baths \| 2,712 sq.ft.	$499,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.32% Airbnb Rental Income: $null Traditional Rental Income: $3296 Airbnb ROI: N/A Traditional ROI: 4.32%
300 Lynn Street Hillman, MI Refreshed four bedroom, two and a half bath home offering 1,600+ square feet. Includes a t...	4 beds \| 3 baths \| 1,662 sq.ft.	$199,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.41% Airbnb Rental Income: $null Traditional Rental Income: $2359 Airbnb ROI: N/A Traditional ROI: 10.41%
19241 Pine Tree Court Hillman, MI This unique home has incredible, beachfront on scenic Ess Lake with lots of amenities incl...	4 beds \| 3 baths \| 2,800 sq.ft.	$499,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.6% Airbnb Rental Income: $null Traditional Rental Income: $3793 Airbnb ROI: N/A Traditional ROI: 6.6%
23911 Lowell Street Hillman, MI Cozy and updated inside, this 2 bedroom, 1 bath Hillman home offers easy living in a frien...	2 beds \| 1 baths \| 1,040 sq.ft.	$114,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.27% Airbnb Rental Income: $null Traditional Rental Income: $1071 Airbnb ROI: N/A Traditional ROI: 7.27%
18975 Red Pine Drive 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: 1.5% Traditional cash on cash: 5.77% Airbnb Rental Income: $1569 Traditional Rental Income: $2656 Airbnb ROI: 1.5% Traditional ROI: 5.77%
20995 Baldwin Road 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: 2.35% Traditional cash on cash: 6.54% Airbnb Rental Income: $1569 Traditional Rental Income: $2282 Airbnb ROI: 2.35% Traditional ROI: 6.54%
20065 County Road 628 Hillman, MI Back on the market after some repairs is this CHARMING 2-bedroom, 1.5 bath, 1 acre home fe...	2 beds \| 2 baths \| 1,072 sq.ft.	$140,000	Airbnb cash on cash: N/A Traditional cash on cash: 11.41% Airbnb Rental Income: $null Traditional Rental Income: $1834 Airbnb ROI: N/A Traditional ROI: 11.41%
14025 Funk Road 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 Valley Hillman, MI Escape to the peaceful beauty of Northern Michigan with this charming waterfront cabin on ...	1 beds \| 1 baths \| N/A	$144,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.67% Airbnb Rental Income: $null Traditional Rental Income: $951 Airbnb ROI: N/A Traditional ROI: 3.67%
15355 Larry Road 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.	$399,900	Airbnb cash on cash: 1.42% Traditional cash on cash: 5.17% Airbnb Rental Income: $1569 Traditional Rental Income: $2527 Airbnb ROI: 1.42% Traditional ROI: 5.17%
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: 3.54% Airbnb Rental Income: $null Traditional Rental Income: $1010 Airbnb ROI: N/A Traditional ROI: 3.54%

Real Estate investment in Hillman, MI

There are 18 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 $282. In July 2026, the average monthly cash on cash return in Hillman is 7.00%. The average monthly rental income in Hillman is $2,345.

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

There are 18 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 $2,345.

Your search for investment property begins and ends here

Investment Property for Sale in Hillman, MI

22545 Pleasant Valley Road

Hillman, MI

3 beds | 3 baths | 1,457 sq.ft.

$360,000

Airbnb cash on cash: 0.51%

Traditional cash on cash: 4.68%

Airbnb Rental Income: $1569

Traditional Rental Income: $2528

Airbnb ROI: 0.51%

Traditional ROI: 4.68%

20915 N Shore Drive

Hillman, MI

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

$169,900

Airbnb cash on cash: 4.57%

Traditional cash on cash: 10.66%

Airbnb Rental Income: $1569

Traditional Rental Income: $2105

Airbnb ROI: 4.57%

Traditional ROI: 10.66%

22130 Cohoon Road

Hillman, MI

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

$315,000

Airbnb cash on cash: 0.94%

Traditional cash on cash: 5.79%

Airbnb Rental Income: $1569

Traditional Rental Income: $2555

Airbnb ROI: 0.94%

Traditional ROI: 5.79%

20915 E Riverside Drive

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%

8055 Farrier Road

Hillman, MI

4 beds | 3 baths | 2,712 sq.ft.

$499,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.32%

Airbnb Rental Income: $null

Traditional Rental Income: $3296

Airbnb ROI: N/A

Traditional ROI: 4.32%

300 Lynn Street

Hillman, MI

4 beds | 3 baths | 1,662 sq.ft.

$199,000

Airbnb cash on cash: N/A

Traditional cash on cash: 10.41%

Airbnb Rental Income: $null

Traditional Rental Income: $2359

Airbnb ROI: N/A

Traditional ROI: 10.41%

19241 Pine Tree Court

Hillman, MI

4 beds | 3 baths | 2,800 sq.ft.

$499,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.6%

Airbnb Rental Income: $null

Traditional Rental Income: $3793

Airbnb ROI: N/A

Traditional ROI: 6.6%

23911 Lowell Street

Hillman, MI

2 beds | 1 baths | 1,040 sq.ft.

$114,900

Airbnb cash on cash: N/A

Traditional cash on cash: 7.27%

Airbnb Rental Income: $null

Traditional Rental Income: $1071

Airbnb ROI: N/A