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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
52 W Bacon Street Hillsdale, MI	3 beds \| 2 baths \| 1,518 sq.ft.	$215,000	Airbnb cash on cash: 4.05% Traditional cash on cash: 8.67% Airbnb Rental Income: $1820 Traditional Rental Income: $2268 Airbnb ROI: 4.05% Traditional ROI: 8.67%
1140 Lochaven Circle #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.	$473,900	Airbnb cash on cash: -0.49% Traditional cash on cash: 3.36% Airbnb Rental Income: $1867 Traditional Rental Income: $3074 Airbnb ROI: -0.49% Traditional ROI: 3.36%
58 Salem Street Hillsdale, MI If you're looking for a property near the Hillsdale College campus that is move in ready, ...	2 beds \| 2 baths \| 896 sq.ft.	$247,000	Airbnb cash on cash: 3.9% Traditional cash on cash: 4.25% Airbnb Rental Income: $1867 Traditional Rental Income: $1447 Airbnb ROI: 3.9% Traditional ROI: 4.25%
4794 Keith Road Hillsdale, MI IMMEDIATE POSSESSION !!! Motivated Sellers. Newer constructed home with luxurious features...	3 beds \| 4 baths \| 2,736 sq.ft.	$578,500	Airbnb cash on cash: 0.59% Traditional cash on cash: 4.14% Airbnb Rental Income: $1820 Traditional Rental Income: $3244 Airbnb ROI: 0.59% Traditional ROI: 4.14%
65 W Hallett Street Hillsdale, MI Motivated Seller!! This move-in ready ranch home in the City of Hillsdale featuring 2 bedr...	2 beds \| 3 baths \| 1,054 sq.ft.	$242,900	Airbnb cash on cash: 3.39% Traditional cash on cash: 6.6% Airbnb Rental Income: $1867 Traditional Rental Income: $2104 Airbnb ROI: 3.39% Traditional ROI: 6.6%
233 Auseon Court Hillsdale, MI Looking for Luxury Condo living without the Luxury Price tag? Hillsdale Commons could be y...	3 beds \| 3 baths \| 3,250 sq.ft.	$419,900	Airbnb cash on cash: 0.88% Traditional cash on cash: 5.15% Airbnb Rental Income: $1820 Traditional Rental Income: $3007 Airbnb ROI: 0.88% Traditional ROI: 5.15%
235 Auseon Court 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.	$399,900	Airbnb cash on cash: 0.97% Traditional cash on cash: 5.45% Airbnb Rental Income: $1820 Traditional Rental Income: $3007 Airbnb ROI: 0.97% Traditional ROI: 5.45%
3553 Alpine Court Hillsdale, MI Welcome to this stunning lake access home on beautiful Lake Wilson! Featuring 5 bedrooms &...	5 beds \| 3 baths \| 1,814 sq.ft.	$579,500	Airbnb cash on cash: N/A Traditional cash on cash: 4.67% Airbnb Rental Income: $null Traditional Rental Income: $3367 Airbnb ROI: N/A Traditional ROI: 4.67%
104 Mcclellan Street Hillsdale, MI RARE 9-acre development opportunity located within the City of Hillsdale, bordering Hillsd...	3 beds \| 2 baths \| 1,734 sq.ft.	$550,000	Airbnb cash on cash: 1.16% Traditional cash on cash: 2.87% Airbnb Rental Income: $1820 Traditional Rental Income: $2207 Airbnb ROI: 1.16% Traditional ROI: 2.87%
245 Auseon Court Hillsdale, MI Looking for Luxury Condo living without the Luxury Price tag? Hillsdale Commons could be y...	3 beds \| 3 baths \| 3,250 sq.ft.	$375,000	Airbnb cash on cash: 1.1% Traditional cash on cash: 6.18% Airbnb Rental Income: $1820 Traditional Rental Income: $3115 Airbnb ROI: 1.1% Traditional ROI: 6.18%
243 Auseon Court Hillsdale, MI Looking for Luxury Condo living without the Luxury Price tag? Hillsdale Commons could be y...	3 beds \| 3 baths \| 3,250 sq.ft.	$375,000	Airbnb cash on cash: 1.1% Traditional cash on cash: 6.18% Airbnb Rental Income: $1820 Traditional Rental Income: $3115 Airbnb ROI: 1.1% Traditional ROI: 6.18%
1520 Lamphere Street Hillsdale, MI Spacious quad-level in Hillsdale Township, just blocks from the city! The main level featu...	5 beds \| 3 baths \| 3,120 sq.ft.	$399,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.4% Airbnb Rental Income: $null Traditional Rental Income: $3453 Airbnb ROI: N/A Traditional ROI: 7.4%
154 W Saint Joe Street Hillsdale, MI This three bedroom, one bath home has been updated and is move-in ready with new flooring ...	3 beds \| 1 baths \| 1,211 sq.ft.	$169,900	Airbnb cash on cash: 4.42% Traditional cash on cash: 6.41% Airbnb Rental Income: $1820 Traditional Rental Income: $1650 Airbnb ROI: 4.42% Traditional ROI: 6.41%
1160 Lochaven Circle 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: 0.89% Traditional cash on cash: 4.49% Airbnb Rental Income: $1867 Traditional Rental Income: $3044 Airbnb ROI: 0.89% Traditional ROI: 4.49%
4048 Bankers Road 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.	$148,000	Airbnb cash on cash: 7.16% Traditional cash on cash: 9.2% Airbnb Rental Income: $1820 Traditional Rental Income: $1617 Airbnb ROI: 7.16% Traditional ROI: 9.2%
5640 S Hillsdale Rd Hillsdale, MI Property is available for online auction only. See RealtyBid website for property, auction...	3 beds \| 2 baths \| N/A	$197,593	Airbnb cash on cash: 4.39% Traditional cash on cash: 9.89% Airbnb Rental Income: $1820 Traditional Rental Income: $2360 Airbnb ROI: 4.39% Traditional ROI: 9.89%
2249 E Montgomery Road Hillsdale, MI MOTIVATED SELLER! This completely rebuilt from the studs in 2025, this 3BR, 1BA, two-story...	3 beds \| 1 baths \| 1,424 sq.ft.	$166,400	Airbnb cash on cash: 6.34% Traditional cash on cash: 5.77% Airbnb Rental Income: $1820 Traditional Rental Income: $1238 Airbnb ROI: 6.34% Traditional ROI: 5.77%
34 Oak Street Hillsdale, MI Walking distance to Hillsdale College, and sitting just off the bike path for a fun ride, ...	4 beds \| 3 baths \| 1,832 sq.ft.	$199,900	Airbnb cash on cash: 6.91% Traditional cash on cash: 6.67% Airbnb Rental Income: $2740 Traditional Rental Income: $2048 Airbnb ROI: 6.91% Traditional ROI: 6.67%
65 S Howell Street Hillsdale, MI This beautifully preserved Victorian residence blends historic character with thoughtful m...	4 beds \| 3 baths \| 3,005 sq.ft.	$350,000	Airbnb cash on cash: 4.34% Traditional cash on cash: 5.14% Airbnb Rental Income: $2740 Traditional Rental Income: $2360 Airbnb ROI: 4.34% Traditional ROI: 5.14%
3671 Wildwood Court Hillsdale, MI Welcome to this 3-bedroom, 2.5-bath ranch located on all-sports Lake Wilson. Situated on f...	3 beds \| 3 baths \| 1,792 sq.ft.	$500,000	Airbnb cash on cash: 1.08% Traditional cash on cash: 2.63% Airbnb Rental Income: $1820 Traditional Rental Income: $2054 Airbnb ROI: 1.08% Traditional ROI: 2.63%
110 Hillsdale Street Hillsdale, MI FRESH, CLEAN & MOVE-IN READY! If the idea of owning a completely renovated property is app...	4 beds \| 1 baths \| 1,498 sq.ft.	$215,000	Airbnb cash on cash: 7.65% Traditional cash on cash: 6.1% Airbnb Rental Income: $2740 Traditional Rental Income: $1779 Airbnb ROI: 7.65% Traditional ROI: 6.1%
1132 Lochaven Circle 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.	$695,500	Airbnb cash on cash: -0.63% Traditional cash on cash: 1.81% Airbnb Rental Income: $1820 Traditional Rental Income: $2905 Airbnb ROI: -0.63% Traditional ROI: 1.81%
238 Glei Court Hillsdale, MI Custom-built just four years ago, this beautifully designed open-concept condo offers the ...	3 beds \| 3 baths \| 3,250 sq.ft.	$385,000	Airbnb cash on cash: 1.5% Traditional cash on cash: 6.41% Airbnb Rental Income: $1820 Traditional Rental Income: $3099 Airbnb ROI: 1.5% Traditional ROI: 6.41%
79 Budlong Street Hillsdale, MI Classic charm with a front-row seat to the fireworks. This well-maintained 3-bedroom, 1.5-...	3 beds \| 2 baths \| 1,634 sq.ft.	$239,900	Airbnb cash on cash: 3.86% Traditional cash on cash: 7.86% Airbnb Rental Income: $1820 Traditional Rental Income: $2235 Airbnb ROI: 3.86% Traditional ROI: 7.86%
91 Union Street Hillsdale, MI Walking distance to the campus of Hillsdale College and custom built in 2022! Quality cons...	5 beds \| 6 baths \| 2,240 sq.ft.	$439,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.16% Airbnb Rental Income: $null Traditional Rental Income: $5043 Airbnb ROI: N/A Traditional ROI: 9.16%
1050 Earlyn Drive Hillsdale, MI Double lot sitting on 0.56 acres Two tax ID** Imagine sipping morning coffee on the d...	3 beds \| 2 baths \| 1,475 sq.ft.	$349,900	Airbnb cash on cash: 2.36% Traditional cash on cash: 5.35% Airbnb Rental Income: $1820 Traditional Rental Income: $2312 Airbnb ROI: 2.36% Traditional ROI: 5.35%
4330 Dawn Drive Hillsdale, MI Jump on this Bel Air waterfront property and have all summer to enjoy it! Not far at all f...	3 beds \| 2 baths \| 1,424 sq.ft.	$315,000	Airbnb cash on cash: 2.4% Traditional cash on cash: 5.77% Airbnb Rental Income: $1820 Traditional Rental Income: $2324 Airbnb ROI: 2.4% Traditional ROI: 5.77%
61 Charles Street Hillsdale, MI IMMEDIATE POSSESSION! Welcome to this beautifully maintained 3-bedroom, 2-bath ranch-style...	3 beds \| 2 baths \| 2,045 sq.ft.	$229,900	Airbnb cash on cash: 2.91% Traditional cash on cash: 8.73% Airbnb Rental Income: $1820 Traditional Rental Income: $2592 Airbnb ROI: 2.91% Traditional ROI: 8.73%
117 S West Hillsdale, MI Opportunity, character and incredible garage space all come together in this charming 3BR,...	3 beds \| 3 baths \| 1,352 sq.ft.	$249,900	Airbnb cash on cash: 1.97% Traditional cash on cash: 6.01% Airbnb Rental Income: $1820 Traditional Rental Income: $2283 Airbnb ROI: 1.97% Traditional ROI: 6.01%
3454 George Drive Hillsdale, MI Welcome to Lake Wilson. This seasonal cottage provides lake access across the street from ...	2 beds \| 1 baths \| 540 sq.ft.	$114,900	Airbnb cash on cash: 9.49% Traditional cash on cash: 8.46% Airbnb Rental Income: $1867 Traditional Rental Income: $1253 Airbnb ROI: 9.49% Traditional ROI: 8.46%
245 E South Street Hillsdale, MI Completely renovated from the studs up, this beautifully updated home combines timeless ch...	1 beds \| 1 baths \| 1,092 sq.ft.	$249,900	Airbnb cash on cash: -0.85% Traditional cash on cash: 3.43% Airbnb Rental Income: $613 Traditional Rental Income: $1333 Airbnb ROI: -0.85% Traditional ROI: 3.43%
1222 Lochaven Circle Hillsdale, MI Tucked away in a peaceful wooded setting, this beautiful 2 bed, 2 bath condo with an addit...	2 beds \| 2 baths \| 1,768 sq.ft.	$450,000	Airbnb cash on cash: 0.38% Traditional cash on cash: 3.91% Airbnb Rental Income: $1867 Traditional Rental Income: $2852 Airbnb ROI: 0.38% Traditional ROI: 3.91%
116 Stony Ridge Court Hillsdale, MI This lovely Condo sits in a quiet Cul-De-Sac, not far from shopping and downtown Hillsdale...	3 beds \| 3 baths \| 2,936 sq.ft.	$389,000	Airbnb cash on cash: 0.99% Traditional cash on cash: 6.52% Airbnb Rental Income: $1820 Traditional Rental Income: $3347 Airbnb ROI: 0.99% Traditional ROI: 6.52%
150 S Broad Street Hillsdale, MI 4 years of renovations inside and out to this beautiful move in ready Home. 3 bedrooms ups...	4 beds \| 2 baths \| 1,570 sq.ft.	$255,500	Airbnb cash on cash: 6.3% Traditional cash on cash: 7.06% Airbnb Rental Income: $2740 Traditional Rental Income: $2279 Airbnb ROI: 6.3% Traditional ROI: 7.06%
86 S Howell Street Hillsdale, MI This classic Hillsdale home is loaded with charm, space and gleaming woodwork most notably...	3 beds \| 2 baths \| 1,656 sq.ft.	$169,500	Airbnb cash on cash: 5.35% Traditional cash on cash: 6.05% Airbnb Rental Income: $1820 Traditional Rental Income: $1440 Airbnb ROI: 5.35% Traditional ROI: 6.05%

Real Estate investment in Hillsdale, MI

There are 49 properties for sale in the city of Hillsdale . The median list price in Hillsdale is $199,780 and the average price per square foot is $101. In July 2026, the average monthly cash on cash return in Hillsdale is 6.00%. The average monthly rental income in Hillsdale is $2,320.

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

There are 49 investment properties available for sale in Hillsdale.

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

The ROI for Long-Term is higher than the Short-Term in Hillsdale with average rental income of $2,320.

Your search for investment property begins and ends here

Investment Property for Sale in Hillsdale, MI

52 W Bacon Street

Hillsdale, MI

3 beds | 2 baths | 1,518 sq.ft.

$215,000

Airbnb cash on cash: 4.05%

Traditional cash on cash: 8.67%

Airbnb Rental Income: $1820

Traditional Rental Income: $2268

Airbnb ROI: 4.05%

Traditional ROI: 8.67%

1140 Lochaven Circle #10B

Hillsdale, MI

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

$473,900

Airbnb cash on cash: -0.49%

Traditional cash on cash: 3.36%

Airbnb Rental Income: $1867

Traditional Rental Income: $3074

Airbnb ROI: -0.49%

Traditional ROI: 3.36%

58 Salem Street

Hillsdale, MI

2 beds | 2 baths | 896 sq.ft.

$247,000

Airbnb cash on cash: 3.9%

Traditional cash on cash: 4.25%

Airbnb Rental Income: $1867

Traditional Rental Income: $1447

Airbnb ROI: 3.9%

Traditional ROI: 4.25%

4794 Keith Road

Hillsdale, MI

3 beds | 4 baths | 2,736 sq.ft.

$578,500

Airbnb cash on cash: 0.59%

Traditional cash on cash: 4.14%

Airbnb Rental Income: $1820

Traditional Rental Income: $3244

Airbnb ROI: 0.59%

Traditional ROI: 4.14%

65 W Hallett Street

Hillsdale, MI

2 beds | 3 baths | 1,054 sq.ft.

$242,900

Airbnb cash on cash: 3.39%

Traditional cash on cash: 6.6%

Airbnb Rental Income: $1867

Traditional Rental Income: $2104

Airbnb ROI: 3.39%

Traditional ROI: 6.6%

233 Auseon Court

Hillsdale, MI

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

$419,900

Airbnb cash on cash: 0.88%

Traditional cash on cash: 5.15%

Airbnb Rental Income: $1820

Traditional Rental Income: $3007

Airbnb ROI: 0.88%

Traditional ROI: 5.15%

235 Auseon Court

Hillsdale, MI

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

$399,900

Airbnb cash on cash: 0.97%

Traditional cash on cash: 5.45%

Airbnb Rental Income: $1820

Traditional Rental Income: $3007

Airbnb ROI: 0.97%

Traditional ROI: 5.45%

3553 Alpine Court

Hillsdale, MI

5 beds | 3 baths | 1,814 sq.ft.

$579,500

Airbnb cash on cash: N/A

Traditional cash on cash: 4.67%

Airbnb Rental Income: $null

Traditional Rental Income: $3367

Airbnb ROI: N/A