Real Estate Investment Properties for Sale in Bellaire, MI

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
2400 Troon South #4002 Bellaire, MI Enjoy views of the 18th hole and pond at the Lodge at Cedar River Village. This updated 1...	1 beds \| 1 baths \| 594 sq.ft.	$119,000	Airbnb cash on cash: -6.86% Traditional cash on cash: 2.29% Airbnb Rental Income: $491 Traditional Rental Income: $1270 Airbnb ROI: -6.86% Traditional ROI: 2.29%
2400 TROON SOUTH Bellaire, MI Experience effortless Up North living in this luxury 1-bedroom condotel at Cedar River Lod...	1 beds \| 1 baths \| 656 sq.ft.	$139,000	Airbnb cash on cash: -5.36% Traditional cash on cash: 1.51% Airbnb Rental Income: $491 Traditional Rental Income: $1136 Airbnb ROI: -5.36% Traditional ROI: 1.51%
5811 East Village Drive Bellaire, MI Located in the heart of Bellaireâs ski village, this architecturally distinct mid-centur...	4 beds \| 3 baths \| 1,970 sq.ft.	$599,900	Airbnb cash on cash: 0.26% Traditional cash on cash: 2.14% Airbnb Rental Income: $2213 Traditional Rental Income: $2709 Airbnb ROI: 0.26% Traditional ROI: 2.14%
501 Green Acres Bellaire, MI This beautifully upgraded home in a tranquil Bellaire neighborhood offers proximity to wat...	3 beds \| 2 baths \| 1,184 sq.ft.	$324,900	Airbnb cash on cash: 0.95% Traditional cash on cash: 4.37% Airbnb Rental Income: $1354 Traditional Rental Income: $1985 Airbnb ROI: 0.95% Traditional ROI: 4.37%
6879 Obervalden Drive Bellaire, MI Renovated 4BR Chalet in Schuss Mountain â Proven Vacation Rental in a Private Wooded Set...	4 beds \| 2 baths \| 1,350 sq.ft.	$399,000	Airbnb cash on cash: 2.7% Traditional cash on cash: 3.27% Airbnb Rental Income: $2213 Traditional Rental Income: $1870 Airbnb ROI: 2.7% Traditional ROI: 3.27%
2400 Troon South #4102 Bellaire, MI Your Northern Michigan vacation property dreams can come true! Suite 4102 is an affordable...	1 beds \| 1 baths \| 622 sq.ft.	$110,000	Airbnb cash on cash: -0.82% Traditional cash on cash: 9.02% Airbnb Rental Income: $491 Traditional Rental Income: $1269 Airbnb ROI: -0.82% Traditional ROI: 9.02%
4482 Schuss Mountain Road Bellaire, MI This property offers 2.75 acres of land, complemented by a spacious four-bedroom, three-ba...	4 beds \| 3 baths \| 2,576 sq.ft.	$440,000	Airbnb cash on cash: 2.22% Traditional cash on cash: 5.34% Airbnb Rental Income: $2213 Traditional Rental Income: $2938 Airbnb ROI: 2.22% Traditional ROI: 5.34%
503 N Bridge Street Bellaire, MI Welcome to this beautifully renewed 1905 Victorian that blends timeless craftsmanship with...	5 beds \| 5 baths \| 3,500 sq.ft.	$999,900	Airbnb cash on cash: 1.21% Traditional cash on cash: 0.92% Airbnb Rental Income: $3200 Traditional Rental Income: $2204 Airbnb ROI: 1.21% Traditional ROI: 0.92%
2400 Troon South #4210 Bellaire, MI Base camp suite at Shanty Creek Resort in the Cedar River Hotel. This spot offers ski-in/...	1 beds \| 1 baths \| 594 sq.ft.	$124,000	Airbnb cash on cash: -7.07% Traditional cash on cash: 3.87% Airbnb Rental Income: $491 Traditional Rental Income: $1526 Airbnb ROI: -7.07% Traditional ROI: 3.87%
4673 N Crossover Drive #578 Bellaire, MI Discover your perfect getaway at Shanty Creek Resort with this newly updated 2-bedroom, 3-...	2 beds \| 3 baths \| 1,243 sq.ft.	$280,000	Airbnb cash on cash: -3.7% Traditional cash on cash: 3.41% Airbnb Rental Income: $885 Traditional Rental Income: $2425 Airbnb ROI: -3.7% Traditional ROI: 3.41%
5712 Shanty Creek Road #680 Bellaire, MI Hello Shanty Creek! Pack your bag, come on up, play and stay awhile! Enjoy year round fun ...	1 beds \| 1 baths \| 374 sq.ft.	$119,900	Airbnb cash on cash: -3.12% Traditional cash on cash: 3.73% Airbnb Rental Income: $491 Traditional Rental Income: $1013 Airbnb ROI: -3.12% Traditional ROI: 3.73%
2400 Troon South #4103 Bellaire, MI Cedar River Lodge at Shanty Creek Resort. This budget-friendly one-bedroom main-level suit...	1 beds \| 1 baths \| 594 sq.ft.	$79,000	Airbnb cash on cash: 0.04% Traditional cash on cash: 11.74% Airbnb Rental Income: $491 Traditional Rental Income: $1130 Airbnb ROI: 0.04% Traditional ROI: 11.74%
6493 Deer Path #104 Bellaire, MI The tranquil trickling of a flowing trout stream nestled in pine and hardwood trees just o...	2 beds \| 2 baths \| 989 sq.ft.	$199,900	Airbnb cash on cash: -3.43% Traditional cash on cash: 4.18% Airbnb Rental Income: $885 Traditional Rental Income: $1991 Airbnb ROI: -3.43% Traditional ROI: 4.18%
4643 N Crossover Drive #534 Bellaire, MI Conveniently located on Shanty Creek Resort, with it's world class golf and skiing, this r...	2 beds \| 3 baths \| 1,300 sq.ft.	$249,900	Airbnb cash on cash: -3.33% Traditional cash on cash: 4.4% Airbnb Rental Income: $885 Traditional Rental Income: $2373 Airbnb ROI: -3.33% Traditional ROI: 4.4%
4607 Del Mason Road Bellaire, MI Nestled just outside of Bellaire, this 4 bedroom, 3.5 bath home offers a peaceful wooded ...	4 beds \| 4 baths \| 3,404 sq.ft.	$325,000	Airbnb cash on cash: 2.59% Traditional cash on cash: 9.41% Airbnb Rental Income: $2213 Traditional Rental Income: $3739 Airbnb ROI: 2.59% Traditional ROI: 9.41%
7228 B S M-88 Bellaire, MI A really sharp, completely redone duplex, with two bedrooms and one bathroom in each unit....	3 beds \| 2 baths \| 884 sq.ft.	$399,900	Airbnb cash on cash: 1.14% Traditional cash on cash: 2.92% Airbnb Rental Income: $1354 Traditional Rental Income: $1607 Airbnb ROI: 1.14% Traditional ROI: 2.92%
7228 B S M-88 7228-C Bellaire, MI A really sharp, completely redone duplex, with two bedrooms and one bathroom in each unit....	3 beds \| 2 baths \| 1,748 sq.ft.	$399,900	Airbnb cash on cash: -0.27% Traditional cash on cash: 3.16% Airbnb Rental Income: $1354 Traditional Rental Income: $2226 Airbnb ROI: -0.27% Traditional ROI: 3.16%
5830 Shanty Creek Road #789-791 Bellaire, MI Welcome to your perfect Northern Michigan getaway! This beautifully updated 2-bedroom, 3-b...	2 beds \| 3 baths \| 1,350 sq.ft.	$265,000	Airbnb cash on cash: -3.23% Traditional cash on cash: 4.64% Airbnb Rental Income: $885 Traditional Rental Income: $2517 Airbnb ROI: -3.23% Traditional ROI: 4.64%
2400 Troon South #220 Bellaire, MI Perfect suite that sleeps 6 in 2 queen beds in the bedroom & living room sofa sleeper. Al...	1 beds \| 1 baths \| 594 sq.ft.	$112,000	Airbnb cash on cash: -7.09% Traditional cash on cash: 3.33% Airbnb Rental Income: $491 Traditional Rental Income: $1349 Airbnb ROI: -7.09% Traditional ROI: 3.33%
586 Holiday Drive Bellaire, MI This well-maintained move in ready ranch in a desirable Bellaire Neighborhood is ready for...	3 beds \| 1 baths \| 1,056 sq.ft.	$245,000	Airbnb cash on cash: 2.21% Traditional cash on cash: 4.68% Airbnb Rental Income: $1354 Traditional Rental Income: $1512 Airbnb ROI: 2.21% Traditional ROI: 4.68%
5828 Shanty Creek Road #438 Bellaire, MI Shanty Creek 3 bedroom condo at Summit Village. This roomy condo features a vaulted ceili...	3 beds \| 3 baths \| 1,700 sq.ft.	$345,000	Airbnb cash on cash: -0.96% Traditional cash on cash: 5.05% Airbnb Rental Income: $1354 Traditional Rental Income: $2885 Airbnb ROI: -0.96% Traditional ROI: 5.05%
6493 Deer Path #102 Bellaire, MI The tranquil trickling of a flowing trout stream nestled in pine and hardwood trees just o...	2 beds \| 2 baths \| 1,026 sq.ft.	$199,500	Airbnb cash on cash: -3.33% Traditional cash on cash: 4.3% Airbnb Rental Income: $885 Traditional Rental Income: $1993 Airbnb ROI: -3.33% Traditional ROI: 4.3%
2100 W Schuss Mountain Drive #309 Bellaire, MI Enjoy resort-style living in this beautifully furnished condo and successful 2 bedroom, 2 ...	2 beds \| 2 baths \| 923 sq.ft.	$269,000	Airbnb cash on cash: -2.19% Traditional cash on cash: 3.09% Airbnb Rental Income: $885 Traditional Rental Income: $1888 Airbnb ROI: -2.19% Traditional ROI: 3.09%
6497 Deer Path #117 Bellaire, MI Enjoy the views and the soothing sounds of a flowing trout stream nestled in the pine and ...	2 beds \| 2 baths \| 1,026 sq.ft.	$214,900	Airbnb cash on cash: -2.7% Traditional cash on cash: 4.4% Airbnb Rental Income: $885 Traditional Rental Income: $1993 Airbnb ROI: -2.7% Traditional ROI: 4.4%
5610 Shanty Creek Road #107 Bellaire, MI Recently renovated studio condo right in the heart of Shanty Creek Resort. Private pool an...	1 beds \| 1 baths \| 350 sq.ft.	$114,900	Airbnb cash on cash: -5.24% Traditional cash on cash: 4.95% Airbnb Rental Income: $491 Traditional Rental Income: $1352 Airbnb ROI: -5.24% Traditional ROI: 4.95%
5610 Shanty Creek Road #207 Bellaire, MI Recently renovated studio condo right in the heart of Shanty Creek Resort. Private pool an...	1 beds \| 1 baths \| 350 sq.ft.	$114,900	Airbnb cash on cash: -5.24% Traditional cash on cash: 4.95% Airbnb Rental Income: $491 Traditional Rental Income: $1352 Airbnb ROI: -5.24% Traditional ROI: 4.95%
5712 SHANTY CREEK #680 Bellaire, MI Hello Shanty Creek! Pack your bag, come on up, play and stay awhile! Enjoy year round fun ...	1 beds \| 1 baths \| 374 sq.ft.	$119,900	Airbnb cash on cash: -0.3% Traditional cash on cash: 6.32% Airbnb Rental Income: $491 Traditional Rental Income: $986 Airbnb ROI: -0.3% Traditional ROI: 6.32%
2400 Troon South #4222 Bellaire, MI If you're searching for a base camp with stunning views and top-notch amenities, this is t...	1 beds \| 1 baths \| 594 sq.ft.	$114,900	Airbnb cash on cash: -7% Traditional cash on cash: 3.22% Airbnb Rental Income: $491 Traditional Rental Income: $1354 Airbnb ROI: -7% Traditional ROI: 3.22%
5830 Shanty Creek Road #794 Bellaire, MI This exceptional three-bedroom, three-and-a-half bathroom condo offers 1,650 square feet o...	3 beds \| 4 baths \| 1,650 sq.ft.	$329,000	Airbnb cash on cash: -1.96% Traditional cash on cash: 5.57% Airbnb Rental Income: $1354 Traditional Rental Income: $3268 Airbnb ROI: -1.96% Traditional ROI: 5.57%
3994 Harbor Town Bellaire, MI Stunning Handcrafted Executive Home at Cedar River Village. This exquisite 4 bedroom, 3.5 ...	4 beds \| 4 baths \| 4,300 sq.ft.	$1,175,000	Airbnb cash on cash: -0.05% Traditional cash on cash: 2.54% Airbnb Rental Income: $2213 Traditional Rental Income: $4478 Airbnb ROI: -0.05% Traditional ROI: 2.54%
6633 Bellaire Bellaire, MI Incredible investment opportunity on over 8 acres just minutes from downtown Bellaire. Thi...	11 beds \| N/A baths \| 9,173 sq.ft.	$975,000	Airbnb cash on cash: 1.21% Traditional cash on cash: 0.81% Airbnb Rental Income: $3200 Traditional Rental Income: $2116 Airbnb ROI: 1.21% Traditional ROI: 0.81%
501 Green Acres Street Bellaire, MI This beautifully upgraded home in a tranquil Bellaire neighborhood offers proximity to wat...	3 beds \| 2 baths \| 1,184 sq.ft.	$324,900	Airbnb cash on cash: 0.92% Traditional cash on cash: 4.23% Airbnb Rental Income: $1354 Traditional Rental Income: $1950 Airbnb ROI: 0.92% Traditional ROI: 4.23%
2418 Hawks Eye Drive Bellaire, MI Tucked in the rolling hills of Northern Michigan, in the prestigious Hawks Eye Golf Course...	3 beds \| 2 baths \| 1,700 sq.ft.	$649,000	Airbnb cash on cash: 0.26% Traditional cash on cash: 2.99% Airbnb Rental Income: $1354 Traditional Rental Income: $2591 Airbnb ROI: 0.26% Traditional ROI: 2.99%
2215 ROBINSON RIDGE Bellaire, MI Your dream home is currently under construction at 2215 Robinson Ridge on the 6th fairway ...	3 beds \| 3 baths \| 2,422 sq.ft.	$689,000	Airbnb cash on cash: 0.31% Traditional cash on cash: 3.51% Airbnb Rental Income: $1354 Traditional Rental Income: $3000 Airbnb ROI: 0.31% Traditional ROI: 3.51%
5712 SHANTY CREEK 684 Bellaire, MI Lovely Windcliff Condo at Shanty Creek! This charming ground-floor unit offers an efficien...	1 beds \| 1 baths \| 400 sq.ft.	$119,500	Airbnb cash on cash: -0.24% Traditional cash on cash: 6.36% Airbnb Rental Income: $491 Traditional Rental Income: $981 Airbnb ROI: -0.24% Traditional ROI: 6.36%
2050 W Schuss Mountain Drive #301 Bellaire, MI Tranquil views of the first fairway at Schuss Golf Course, paired with picturesque winter ...	2 beds \| 2 baths \| 831 sq.ft.	$269,000	Airbnb cash on cash: -2.19% Traditional cash on cash: 2.28% Airbnb Rental Income: $885 Traditional Rental Income: $1684 Airbnb ROI: -2.19% Traditional ROI: 2.28%
2427 MONTGOMERY ROAD Bellaire, MI Location, location, location! Discover peace and privacy at this beautifully wooded 10-acr...	2 beds \| 1 baths \| 884 sq.ft.	$249,900	Airbnb cash on cash: 0.46% Traditional cash on cash: 3.64% Airbnb Rental Income: $885 Traditional Rental Income: $1300 Airbnb ROI: 0.46% Traditional ROI: 3.64%
3855 Windy Hill Drive Bellaire, MI Escape to peaceful country living in this exceptional home located in Bellaire, Michigan.Â...	5 beds \| 3 baths \| 3,300 sq.ft.	$899,000	Airbnb cash on cash: 0.92% Traditional cash on cash: 2.17% Airbnb Rental Income: $3200 Traditional Rental Income: $3523 Airbnb ROI: 0.92% Traditional ROI: 2.17%
201 S Bridge Street Bellaire, MI Affordable Bellaire Living! Charming 2-bedroom, 1-bath home on a desirable corner lot just...	2 beds \| 1 baths \| 1,640 sq.ft.	$167,000	Airbnb cash on cash: 0.99% Traditional cash on cash: 7.25% Airbnb Rental Income: $885 Traditional Rental Income: $1545 Airbnb ROI: 0.99% Traditional ROI: 7.25%
7655 Cottage Bellaire, MI Set on 2.74 acres with 212 feet of private frontage on Clam Lake, this beautifully updated...	3 beds \| 2 baths \| 2,496 sq.ft.	$1,250,000	Airbnb cash on cash: -0.51% Traditional cash on cash: 1.22% Airbnb Rental Income: $1354 Traditional Rental Income: $2942 Airbnb ROI: -0.51% Traditional ROI: 1.22%

Real Estate investment in Bellaire, MI

There are 62 properties for sale in the city of Bellaire . The median list price in Bellaire is $384,350 and the average price per square foot is $167. In January 2026, the average monthly cash on cash return in Bellaire is 4.00%. The average monthly rental income in Bellaire is $1,536.

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

There are 62 investment properties available for sale in Bellaire.

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

The ROI for Short-Term is higher than the Long-Term in Bellaire with average rental income of $885.

Your search for investment property begins and ends here

Investment Property for Sale in Bellaire, MI

2400 Troon South #4002

Bellaire, MI

1 beds | 1 baths | 594 sq.ft.

$119,000

Airbnb cash on cash: -6.86%

Traditional cash on cash: 2.29%

Airbnb Rental Income: $491

Traditional Rental Income: $1270

Airbnb ROI: -6.86%

Traditional ROI: 2.29%

2400 TROON SOUTH

Bellaire, MI

1 beds | 1 baths | 656 sq.ft.

$139,000

Airbnb cash on cash: -5.36%

Traditional cash on cash: 1.51%

Airbnb Rental Income: $491

Traditional Rental Income: $1136

Airbnb ROI: -5.36%

Traditional ROI: 1.51%

5811 East Village Drive

Bellaire, MI

4 beds | 3 baths | 1,970 sq.ft.

$599,900

Airbnb cash on cash: 0.26%

Traditional cash on cash: 2.14%

Airbnb Rental Income: $2213

Traditional Rental Income: $2709

Airbnb ROI: 0.26%

Traditional ROI: 2.14%

501 Green Acres

Bellaire, MI

3 beds | 2 baths | 1,184 sq.ft.

$324,900

Airbnb cash on cash: 0.95%

Traditional cash on cash: 4.37%

Airbnb Rental Income: $1354

Traditional Rental Income: $1985

Airbnb ROI: 0.95%

Traditional ROI: 4.37%

6879 Obervalden Drive

Bellaire, MI

4 beds | 2 baths | 1,350 sq.ft.

$399,000

Airbnb cash on cash: 2.7%

Traditional cash on cash: 3.27%

Airbnb Rental Income: $2213

Traditional Rental Income: $1870

Airbnb ROI: 2.7%

Traditional ROI: 3.27%

2400 Troon South #4102

Bellaire, MI

1 beds | 1 baths | 622 sq.ft.

$110,000

Airbnb cash on cash: -0.82%

Traditional cash on cash: 9.02%

Airbnb Rental Income: $491

Traditional Rental Income: $1269

Airbnb ROI: -0.82%

Traditional ROI: 9.02%

4482 Schuss Mountain Road

Bellaire, MI

4 beds | 3 baths | 2,576 sq.ft.

$440,000

Airbnb cash on cash: 2.22%

Traditional cash on cash: 5.34%

Airbnb Rental Income: $2213

Traditional Rental Income: $2938

Airbnb ROI: 2.22%

Traditional ROI: 5.34%

503 N Bridge Street

Bellaire, MI

5 beds | 5 baths | 3,500 sq.ft.

$999,900

Airbnb cash on cash: 1.21%

Traditional cash on cash: 0.92%

Airbnb Rental Income: $3200

Traditional Rental Income: $2204

Airbnb ROI: 1.21%