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
3891 Bankers Road Hillsdale, MI Nice 2 home investment property. 2 homes: house has 2 bedrooms, 1 bath, mobile home has 3...	2 beds \| 1 baths \| 682 sq.ft.	$174,900	Airbnb cash on cash: 3.31% Traditional cash on cash: 6.08% Airbnb Rental Income: $1303 Traditional Rental Income: $1358 Airbnb ROI: 3.31% Traditional ROI: 6.08%
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.	$486,725	Airbnb cash on cash: -1.58% Traditional cash on cash: 3.2% Airbnb Rental Income: $1303 Traditional Rental Income: $3074 Airbnb ROI: -1.58% Traditional ROI: 3.2%
4794 Keith Road Hillsdale, MI New Construction Home with Luxurious Features and Expansive Living Space. Welcome to your ...	3 beds \| 4 baths \| 2,736 sq.ft.	$599,000	Airbnb cash on cash: 0.74% Traditional cash on cash: 4.2% Airbnb Rental Income: $1797 Traditional Rental Income: $3244 Airbnb ROI: 0.74% Traditional ROI: 4.2%
2298 Pondbrooke Drive Hillsdale, MI Great opportunity to own this impeccably maintained 4 bed 3 bath ranch home with a finishe...	4 beds \| 3 baths \| 1,940 sq.ft.	$299,900	Airbnb cash on cash: 1.28% Traditional cash on cash: 8.7% Airbnb Rental Income: $1259 Traditional Rental Income: $2954 Airbnb ROI: 1.28% Traditional ROI: 8.7%
120 Oak Street Hillsdale, MI Investors opportunity awaits! This is a 3 story single family home situated only a couple ...	7 beds \| 2 baths \| 2,838 sq.ft.	$249,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.37% Airbnb Rental Income: $null Traditional Rental Income: $1329 Airbnb ROI: N/A Traditional ROI: 3.37%
233 Auseon Court 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: 0.9% Traditional cash on cash: 5.22% Airbnb Rental Income: $1797 Traditional Rental Income: $3007 Airbnb ROI: 0.9% Traditional ROI: 5.22%
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.	$421,500	Airbnb cash on cash: 0.9% Traditional cash on cash: 5.2% Airbnb Rental Income: $1797 Traditional Rental Income: $3007 Airbnb ROI: 0.9% Traditional ROI: 5.2%
4745 Keith Road Hillsdale, MI New Construction - Price Reduced! Open floor plan, cathedral ceilings in great room, luxu...	3 beds \| 2 baths \| 1,740 sq.ft.	$379,500	Airbnb cash on cash: 2.33% Traditional cash on cash: 6.22% Airbnb Rental Income: $1797 Traditional Rental Income: $2694 Airbnb ROI: 2.33% Traditional ROI: 6.22%
42 Westwood Street Hillsdale, MI This four bedroom located in the city of Hillsdale not far from Hillsdale College and loca...	4 beds \| 1 baths \| 1,568 sq.ft.	$219,000	Airbnb cash on cash: 2.04% Traditional cash on cash: 6.23% Airbnb Rental Income: $1259 Traditional Rental Income: $1729 Airbnb ROI: 2.04% Traditional ROI: 6.23%
3553 Alpine Court Hillsdale, MI Welcome to your dream home in Hillsdale, MI! This stunning 5-bedroom, 3-bath property offe...	5 beds \| 3 baths \| 3,443 sq.ft.	$749,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.42% Airbnb Rental Income: $null Traditional Rental Income: $3367 Airbnb ROI: N/A Traditional ROI: 3.42%
181 Spring Street Hillsdale, MI Welcome to this well-maintained 3-bedroom, 2-bath ranch-style home offering comfort, conve...	3 beds \| 2 baths \| 1,568 sq.ft.	$199,500	Airbnb cash on cash: 3.68% Traditional cash on cash: 9.32% Airbnb Rental Income: $1797 Traditional Rental Income: $2376 Airbnb ROI: 3.68% Traditional ROI: 9.32%
3570 Parkway Court Hillsdale, MI Tucked in the trees with a serious ''cabin-core'' vibe, this updated 1 bed (Loft could be ...	1 beds \| 1 baths \| 944 sq.ft.	$179,900	Airbnb cash on cash: 1.21% Traditional cash on cash: 5.31% Airbnb Rental Income: $909 Traditional Rental Income: $1271 Airbnb ROI: 1.21% Traditional ROI: 5.31%
1391 Lake Wilson Road S Hillsdale, MI A Wildlife Paradise on 10+ Wooded Acres! If privacy, tons of living space, and nature are...	4 beds \| 4 baths \| 5,168 sq.ft.	$419,999	Airbnb cash on cash: 0.37% Traditional cash on cash: 8.34% Airbnb Rental Income: $1259 Traditional Rental Income: $3996 Airbnb ROI: 0.37% Traditional ROI: 8.34%
83 W Lynwood Boulevard Hillsdale, MI Fully Remodeled 3-Bedroom Ranch Home - Modern Comfort Meets Classic Charm! Step into th...	3 beds \| 2 baths \| 1,066 sq.ft.	$239,900	Airbnb cash on cash: 3.52% Traditional cash on cash: 6.43% Airbnb Rental Income: $1797 Traditional Rental Income: $1970 Airbnb ROI: 3.52% Traditional ROI: 6.43%
134 S Howell Street Hillsdale, MI Buy with confidence in this classic move in ready home! Structural inspection and electric...	4 beds \| 2 baths \| 1,900 sq.ft.	$259,900	Airbnb cash on cash: 1.55% Traditional cash on cash: 9.19% Airbnb Rental Income: $1259 Traditional Rental Income: $2734 Airbnb ROI: 1.55% Traditional ROI: 9.19%
1875 Ferndale Drive Hillsdale, MI Is the Lake life calling you? Do wish every day could feel like a vacation? then this home...	2 beds \| 2 baths \| 1,340 sq.ft.	$285,000	Airbnb cash on cash: 1.47% Traditional cash on cash: 6.92% Airbnb Rental Income: $1303 Traditional Rental Income: $2362 Airbnb ROI: 1.47% Traditional ROI: 6.92%
3900 W Bacon Road Hillsdale, MI 1% SELLER CREDIT TOWARDS CLOSING COSTS W/ acceptable offer terms! A stunning package...	3 beds \| 2 baths \| 1,784 sq.ft.	$425,000	Airbnb cash on cash: 1.29% Traditional cash on cash: 5.16% Airbnb Rental Income: $1797 Traditional Rental Income: $2852 Airbnb ROI: 1.29% Traditional ROI: 5.16%
221 N Manning Street Hillsdale, MI Prestigious 2019 custom built French Provincial home located within view of Hillsdale Coll...	3 beds \| 3 baths \| 2,770 sq.ft.	$1,100,000	Airbnb cash on cash: -0.01% Traditional cash on cash: 2.03% Airbnb Rental Income: $1797 Traditional Rental Income: $3392 Airbnb ROI: -0.01% Traditional ROI: 2.03%
21 N Norwood Street Hillsdale, MI This beautifully maintained two-story brick home offers 4 bedrooms, 2 full bathrooms, and ...	4 beds \| 2 baths \| 1,770 sq.ft.	$229,000	Airbnb cash on cash: 0.31% Traditional cash on cash: 4.66% Airbnb Rental Income: $1259 Traditional Rental Income: $1803 Airbnb ROI: 0.31% Traditional ROI: 4.66%
5560 Dewey Road Hillsdale, MI Charming Ranch Home on 6+ Acres! Welcome to your peaceful retreat! This spacious 4 bed, 1....	4 beds \| 2 baths \| 1,352 sq.ft.	$295,000	Airbnb cash on cash: 1.21% Traditional cash on cash: 6.25% Airbnb Rental Income: $1259 Traditional Rental Income: $2260 Airbnb ROI: 1.21% Traditional ROI: 6.25%
9791 S Hillsdale Road Hillsdale, MI Oh the memories that have been made! Welcome home to this showcase property. The home was ...	5 beds \| 1 baths \| 1,925 sq.ft.	$429,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.1% Airbnb Rental Income: $null Traditional Rental Income: $1929 Airbnb ROI: N/A Traditional ROI: 3.1%
1806 Barr Street Hillsdale, MI FANTASTIC LOCATION!!! This beautiful 4 bed 2 bath ranch home is ideally located just outsi...	4 beds \| 2 baths \| 2,542 sq.ft.	$314,900	Airbnb cash on cash: 0.07% Traditional cash on cash: 6.81% Airbnb Rental Income: $1259 Traditional Rental Income: $2857 Airbnb ROI: 0.07% Traditional ROI: 6.81%
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.	$260,000	Airbnb cash on cash: 1.75% Traditional cash on cash: 3.99% Airbnb Rental Income: $1303 Traditional Rental Income: $1447 Airbnb ROI: 1.75% Traditional ROI: 3.99%
389 Hillsdale Street Hillsdale, MI A rare package 2 blocks north of Hillsdale College campus! Completely gutted & remodeled 3...	3 beds \| 2 baths \| 1,344 sq.ft.	$389,900	Airbnb cash on cash: 0.66% Traditional cash on cash: 2.87% Airbnb Rental Income: $1797 Traditional Rental Income: $2117 Airbnb ROI: 0.66% Traditional ROI: 2.87%
4219 Kim Drive Hillsdale, MI Nature at it's best, A tranquil view of Lake Bel-air, PRIVATE all sports lake can be seen ...	3 beds \| 3 baths \| 2,232 sq.ft.	$381,920	Airbnb cash on cash: 1.78% Traditional cash on cash: 7.35% Airbnb Rental Income: $1797 Traditional Rental Income: $3305 Airbnb ROI: 1.78% Traditional ROI: 7.35%
104 Mcclellan Street Hillsdale, MI Rare 9-Acre Development Opportunity in the City of Hillsdale This 9-acre parcel borders H...	3 beds \| 2 baths \| 1,350 sq.ft.	$895,000	Airbnb cash on cash: 0.28% Traditional cash on cash: 1.36% Airbnb Rental Income: $1797 Traditional Rental Income: $2207 Airbnb ROI: 0.28% Traditional ROI: 1.36%
6207 Mauck Road Hillsdale, MI Dreaming of the perfect family retreat? This stunning custom-built home, nestled on 15 acr...	3 beds \| 4 baths \| 4,020 sq.ft.	$439,900	Airbnb cash on cash: 1.14% Traditional cash on cash: 6.48% Airbnb Rental Income: $1797 Traditional Rental Income: $3509 Airbnb ROI: 1.14% Traditional ROI: 6.48%
3190 W Bacon Road 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.	$345,000	Airbnb cash on cash: 1.87% Traditional cash on cash: 3.56% Airbnb Rental Income: $1797 Traditional Rental Income: $1856 Airbnb ROI: 1.87% Traditional ROI: 3.56%
3440 W Bacon Road Hillsdale, MI What a Beautiful 4 Bedroom 2 Bath 2 Story home on over 6 acres. Beautiful wood floors huge...	4 beds \| 2 baths \| 1,928 sq.ft.	$319,900	Airbnb cash on cash: 1.08% Traditional cash on cash: 7.27% Airbnb Rental Income: $1259 Traditional Rental Income: $2721 Airbnb ROI: 1.08% Traditional ROI: 7.27%
2520 S Sand Lake Road Hillsdale, MI Take a step back in time to enjoy this retro themed ranch, perched high upon a hill where ...	4 beds \| 2 baths \| 1,456 sq.ft.	$184,900	Airbnb cash on cash: 2.84% Traditional cash on cash: 10.76% Airbnb Rental Income: $1259 Traditional Rental Income: $2253 Airbnb ROI: 2.84% Traditional ROI: 10.76%
192 S West Street Hillsdale, MI Welcome home to this charming 2-bedroom, 1-bath property situated on a spacious city lot! ...	2 beds \| 1 baths \| N/A	$159,500	Airbnb cash on cash: 3.1% Traditional cash on cash: 7.81% Airbnb Rental Income: $1303 Traditional Rental Income: $1615 Airbnb ROI: 3.1% Traditional ROI: 7.81%
2273 Woodland Trail Hillsdale, MI Features abound in this custom built home with a 16x32 indoor pool. Home was built using a...	3 beds \| 3 baths \| 2,400 sq.ft.	$389,900	Airbnb cash on cash: 0.88% Traditional cash on cash: 5.23% Airbnb Rental Income: $1797 Traditional Rental Income: $2899 Airbnb ROI: 0.88% Traditional ROI: 5.23%
46 Salem Street Hillsdale, MI Charming 3-bedroom, 1-bath home located near Hillsdale College, featuring two spacious liv...	3 beds \| 1 baths \| 1,131 sq.ft.	$169,000	Airbnb cash on cash: 5.56% Traditional cash on cash: 8.7% Airbnb Rental Income: $1797 Traditional Rental Income: $1814 Airbnb ROI: 5.56% Traditional ROI: 8.7%
245 Auseon Court 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.	$385,000	Airbnb cash on cash: 1.07% Traditional cash on cash: 6.07% Airbnb Rental Income: $1797 Traditional Rental Income: $3115 Airbnb ROI: 1.07% Traditional ROI: 6.07%
243 Auseon Court 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.	$385,000	Airbnb cash on cash: 1.07% Traditional cash on cash: 6.07% Airbnb Rental Income: $1797 Traditional Rental Income: $3115 Airbnb ROI: 1.07% Traditional ROI: 6.07%
16 W Lynwood Boulevard Hillsdale, MI Charming home offering 2 bedrooms and 2 bathrooms on the main floor, plus a third bedroom ...	3 beds \| 3 baths \| 2,334 sq.ft.	$234,500	Airbnb cash on cash: 2.88% Traditional cash on cash: 11.17% Airbnb Rental Income: $1797 Traditional Rental Income: $3146 Airbnb ROI: 2.88% Traditional ROI: 11.17%
2394 Forrest Drive Hillsdale, MI Rare 5-bedroom Cape Cod in Oak Haven with lake access to Baw Beese Lakeâjust minutes fro...	5 beds \| 1 baths \| 1,710 sq.ft.	$185,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.11% Airbnb Rental Income: $null Traditional Rental Income: $2010 Airbnb ROI: N/A Traditional ROI: 9.11%
11794 Clark Road Hillsdale, MI Escape to this private 32-acre retreat with a solid, energy-efficient home nestled on a wo...	5 beds \| 2 baths \| 2,820 sq.ft.	$549,500	Airbnb cash on cash: N/A Traditional cash on cash: 3.78% Airbnb Rental Income: $null Traditional Rental Income: $2830 Airbnb ROI: N/A Traditional ROI: 3.78%
5435 State Road Hillsdale, MI	2 beds \| 2 baths \| 2,560 sq.ft.	$575,000	Airbnb cash on cash: 0.09% Traditional cash on cash: 3.12% Airbnb Rental Income: $1303 Traditional Rental Income: $2528 Airbnb ROI: 0.09% Traditional ROI: 3.12%
4300 W BACON Road Hillsdale, MI Stunning lake views throughout the home. This lakefront brick Ranch is designed to capture...	3 beds \| 3 baths \| 3,348 sq.ft.	$625,000	Airbnb cash on cash: 0.43% Traditional cash on cash: 3.45% Airbnb Rental Income: $1797 Traditional Rental Income: $3071 Airbnb ROI: 0.43% Traditional ROI: 3.45%

Real Estate investment in Hillsdale, MI

There are 61 properties for sale in the city of Hillsdale . The median list price in Hillsdale is $299,900 and the average price per square foot is $157. In September 2025, the average monthly cash on cash return in Hillsdale is 6.00%. The average monthly rental income in Hillsdale is $2,308.

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

There are 61 investment properties available for sale in Hillsdale.

In 2025, 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 $2,308.

Your search for investment property begins and ends here

Investment Property for Sale in Hillsdale, MI

3891 Bankers Road

Hillsdale, MI

2 beds | 1 baths | 682 sq.ft.

$174,900

Airbnb cash on cash: 3.31%

Traditional cash on cash: 6.08%

Airbnb Rental Income: $1303

Traditional Rental Income: $1358

Airbnb ROI: 3.31%

Traditional ROI: 6.08%

1140 Lochaven Circle #10B

Hillsdale, MI

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

$486,725

Airbnb cash on cash: -1.58%

Traditional cash on cash: 3.2%

Airbnb Rental Income: $1303

Traditional Rental Income: $3074

Airbnb ROI: -1.58%

Traditional ROI: 3.2%

4794 Keith Road

Hillsdale, MI

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

$599,000

Airbnb cash on cash: 0.74%

Traditional cash on cash: 4.2%

Airbnb Rental Income: $1797

Traditional Rental Income: $3244

Airbnb ROI: 0.74%

Traditional ROI: 4.2%

2298 Pondbrooke Drive

Hillsdale, MI

4 beds | 3 baths | 1,940 sq.ft.

$299,900

Airbnb cash on cash: 1.28%

Traditional cash on cash: 8.7%

Airbnb Rental Income: $1259

Traditional Rental Income: $2954

Airbnb ROI: 1.28%

Traditional ROI: 8.7%

120 Oak Street

Hillsdale, MI

7 beds | 2 baths | 2,838 sq.ft.

$249,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.37%

Airbnb Rental Income: $null

Traditional Rental Income: $1329

Airbnb ROI: N/A

Traditional ROI: 3.37%

233 Auseon Court

Hillsdale, MI

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

$419,900

Airbnb cash on cash: 0.9%

Traditional cash on cash: 5.22%

Airbnb Rental Income: $1797

Traditional Rental Income: $3007

Airbnb ROI: 0.9%

Traditional ROI: 5.22%

235 Auseon Court

Hillsdale, MI

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

$421,500

Airbnb cash on cash: 0.9%

Traditional cash on cash: 5.2%

Airbnb Rental Income: $1797

Traditional Rental Income: $3007

Airbnb ROI: 0.9%

Traditional ROI: 5.2%

4745 Keith Road

Hillsdale, MI

3 beds | 2 baths | 1,740 sq.ft.

$379,500

Airbnb cash on cash: 2.33%

Traditional cash on cash: 6.22%

Airbnb Rental Income: $1797

Traditional Rental Income: $2694

Airbnb ROI: 2.33%