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
20915 North Shore Drive Hillman, MI Well maintained, 1995 ranch style home features 3 bedrooms, 2 full baths & 2 car attached ...	3 beds \| 2 baths \| 1,144 sq.ft.	$200,000	Airbnb cash on cash: 2.48% Traditional cash on cash: 9.18% Airbnb Rental Income: $1227 Traditional Rental Income: $2105 Airbnb ROI: 2.48% Traditional ROI: 9.18%
16200 Co Rd 451 Hillman, MI Spacious 4 bedroom, 2.5 bathroom manufactured home on full, unfinished basement. 10 acres ...	4 beds \| 3 baths \| 1,976 sq.ft.	$259,900	Airbnb cash on cash: N/A Traditional cash on cash: 3% Airbnb Rental Income: $null Traditional Rental Income: $1448 Airbnb ROI: N/A Traditional ROI: 3%
19241 Pine Tree Court Hillman, MI This grand Ess lake home with lots of amenities will charm you and make you feel right at ...	5 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%
19526 McConnaughey Road Hillman, MI Two bedroom, cozy woodstove and a large front deck for relaxing. This would make a peacefu...	2 beds \| 1 baths \| 768 sq.ft.	$139,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.04% Airbnb Rental Income: $null Traditional Rental Income: $1485 Airbnb ROI: N/A Traditional ROI: 9.04%
18850 Ellis Lane Hillman, MI A Northern Michigan Escape Like No Other Follow the winding drive through the trees and yo...	5 beds \| 3 baths \| 4,568 sq.ft.	$999,990	Airbnb cash on cash: N/A Traditional cash on cash: 2.43% Airbnb Rental Income: $null Traditional Rental Income: $3695 Airbnb ROI: N/A Traditional ROI: 2.43%
24919 E Riverside Drive Hillman, MI Attention Outdoor Enthusiasts! Don't miss this rare opportunity to enjoy golfing out your ...	3 beds \| 2 baths \| 1,482 sq.ft.	$269,900	Airbnb cash on cash: 0.84% Traditional cash on cash: 6.73% Airbnb Rental Income: $1227 Traditional Rental Income: $2331 Airbnb ROI: 0.84% Traditional ROI: 6.73%
21535 County Road 624 Hillman, MI Beautiful home on a full basement, set on 10 peaceful acres in Hillman Township. This home...	3 beds \| 2 baths \| 1,595 sq.ft.	$295,000	Airbnb cash on cash: 1.11% Traditional cash on cash: 6.65% Airbnb Rental Income: $1227 Traditional Rental Income: $2374 Airbnb ROI: 1.11% Traditional ROI: 6.65%
21100 Kiracofe Avenue Hillman, MI Fletcher Floodwater frontage! Manufactured home with an addition. This home offers a nice ...	3 beds \| 2 baths \| 2,414 sq.ft.	$300,000	Airbnb cash on cash: 1.28% Traditional cash on cash: 8.91% Airbnb Rental Income: $1227 Traditional Rental Income: $2988 Airbnb ROI: 1.28% Traditional ROI: 8.91%
19037 Alpine Court Hillman, MI Enjoy new carpet in this three bed home. Lovely, large living room with vaulted ceilings, ...	3 beds \| N/A baths \| 1,488 sq.ft.	$199,900	Airbnb cash on cash: 1.39% Traditional cash on cash: 10.76% Airbnb Rental Income: $1227 Traditional Rental Income: $2613 Airbnb ROI: 1.39% Traditional ROI: 10.76%
8988 Klein Road Hillman, MI Beautiful setting in Rust Township! Gorgeous tree lined driveway takes you to this home tu...	1 beds \| 1 baths \| 960 sq.ft.	$130,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.24% Airbnb Rental Income: $null Traditional Rental Income: $1437 Airbnb ROI: N/A Traditional ROI: 8.24%
13025 Funk Road Hillman, MI Hunter's paradise nestled just outside the village of Hillman and also adjoins thousands o...	1 beds \| 1 baths \| 961 sq.ft.	$295,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.15% Airbnb Rental Income: $null Traditional Rental Income: $1439 Airbnb ROI: N/A Traditional ROI: 3.15%
18150 Hardwood Trail Hillman, MI Quality-built ranch style home with finished basement on 7.8 acres. Two bedrooms, two full...	3 beds \| 3 baths \| 2,800 sq.ft.	$339,900	Airbnb cash on cash: -0.2% Traditional cash on cash: 6.6% Airbnb Rental Income: $1227 Traditional Rental Income: $3006 Airbnb ROI: -0.2% Traditional ROI: 6.6%
21980 M-32 S Hillman, MI Looking for a flip or maybe a country living feel! This spacious 4-bedroom, 2-bath home of...	4 beds \| 2 baths \| 1,572 sq.ft.	$135,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.61% Airbnb Rental Income: $null Traditional Rental Income: $1448 Airbnb ROI: N/A Traditional ROI: 8.61%
15651 Caring Street Hillman, MI Quality frame built new home 2003 featuring 1765 sq.ft. with one main floor bedroom and 2 ...	3 beds \| 2 baths \| 1,765 sq.ft.	$147,500	Airbnb cash on cash: 3.68% Traditional cash on cash: 7.37% Airbnb Rental Income: $1227 Traditional Rental Income: $1354 Airbnb ROI: 3.68% Traditional ROI: 7.37%

Real Estate investment in Hillman, MI

There are 14 properties for sale in the city of Hillman . The median list price in Hillman is $229,950 and the average price per square foot is $127. In December 2025, the average monthly cash on cash return in Hillman is 8.00%. The average monthly rental income in Hillman is $2,218.

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

There are 14 investment properties available for sale in Hillman.

In 2025, 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 $2,218.

Your search for investment property begins and ends here

Investment Property for Sale in Hillman, MI

20915 North Shore Drive

Hillman, MI

3 beds | 2 baths | 1,144 sq.ft.

$200,000

Airbnb cash on cash: 2.48%

Traditional cash on cash: 9.18%

Airbnb Rental Income: $1227

Traditional Rental Income: $2105

Airbnb ROI: 2.48%

Traditional ROI: 9.18%

16200 Co Rd 451

Hillman, MI

4 beds | 3 baths | 1,976 sq.ft.

$259,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3%

Airbnb Rental Income: $null

Traditional Rental Income: $1448

Airbnb ROI: N/A

Traditional ROI: 3%

19241 Pine Tree Court

Hillman, MI

5 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%

19526 McConnaughey Road

Hillman, MI

2 beds | 1 baths | 768 sq.ft.

$139,900

Airbnb cash on cash: N/A

Traditional cash on cash: 9.04%

Airbnb Rental Income: $null

Traditional Rental Income: $1485

Airbnb ROI: N/A

Traditional ROI: 9.04%

18850 Ellis Lane

Hillman, MI

5 beds | 3 baths | 4,568 sq.ft.

$999,990

Airbnb cash on cash: N/A

Traditional cash on cash: 2.43%

Airbnb Rental Income: $null

Traditional Rental Income: $3695

Airbnb ROI: N/A

Traditional ROI: 2.43%

24919 E Riverside Drive

Hillman, MI

3 beds | 2 baths | 1,482 sq.ft.

$269,900

Airbnb cash on cash: 0.84%

Traditional cash on cash: 6.73%

Airbnb Rental Income: $1227

Traditional Rental Income: $2331

Airbnb ROI: 0.84%

Traditional ROI: 6.73%

21535 County Road 624

Hillman, MI

3 beds | 2 baths | 1,595 sq.ft.

$295,000

Airbnb cash on cash: 1.11%

Traditional cash on cash: 6.65%

Airbnb Rental Income: $1227

Traditional Rental Income: $2374

Airbnb ROI: 1.11%

Traditional ROI: 6.65%

21100 Kiracofe Avenue

Hillman, MI

3 beds | 2 baths | 2,414 sq.ft.

$300,000

Airbnb cash on cash: 1.28%

Traditional cash on cash: 8.91%

Airbnb Rental Income: $1227

Traditional Rental Income: $2988

Airbnb ROI: 1.28%