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: -7.44% Traditional cash on cash: 2.29% Airbnb Rental Income: $410 Traditional Rental Income: $1270 Airbnb ROI: -7.44% Traditional ROI: 2.29%
5828 Shanty Creek Rd Bellaire, MI Shanty Creek Resorts - 2 bedroom, 2 bath with panoramic western views of the county side a...	3 beds \| 2 baths \| 1,700 sq.ft.	$345,000	Airbnb cash on cash: -1.56% Traditional cash on cash: -0.53% Airbnb Rental Income: $1379 Traditional Rental Income: $1296 Airbnb ROI: -1.56% Traditional ROI: -0.53%
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: -5.86% Traditional cash on cash: 1.51% Airbnb Rental Income: $410 Traditional Rental Income: $1136 Airbnb ROI: -5.86% 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: -0.07% Traditional cash on cash: 2.14% Airbnb Rental Income: $1991 Traditional Rental Income: $2709 Airbnb ROI: -0.07% Traditional ROI: 2.14%
4673 Crossover Dr Bellaire, MI Shanty Creek - Sawtooth condo at Summit Village. Top floor condo with 3 bedrooms, 4 bathr...	2 beds \| 3 baths \| 1,300 sq.ft.	$249,900	Airbnb cash on cash: -6.01% Traditional cash on cash: -0.6% Airbnb Rental Income: $729 Traditional Rental Income: $1696 Airbnb ROI: -6.01% Traditional ROI: -0.6%
2100 W Schuss Mountain Dr Bellaire, MI This beautiful, renovated condo is located at Shanty Creek Resort. A turnkey 2 bed, 2 bat...	2 beds \| 2 baths \| 923 sq.ft.	$269,000	Airbnb cash on cash: -2.6% Traditional cash on cash: 2.78% Airbnb Rental Income: $729 Traditional Rental Income: $1782 Airbnb ROI: -2.6% Traditional ROI: 2.78%
2050 W Schuss Mountain Dr Bellaire, MI Vista Del Verde #4 is a peaceful corner condo that overlooks the Schuss Golf Course & ski ...	2 beds \| 2 baths \| 831 sq.ft.	$269,000	Airbnb cash on cash: -3.43% Traditional cash on cash: 1.5% Airbnb Rental Income: $729 Traditional Rental Income: $1668 Airbnb ROI: -3.43% Traditional ROI: 1.5%
9059 Clam Lake Rd Bellaire, MI Welcome to your new home! This fantastic waterfront studio condo has been upgraded and is ...	N/A beds \| 1 baths \| 476 sq.ft.	$259,900	Airbnb cash on cash: -4.17% Traditional cash on cash: -0.39% Airbnb Rental Income: $400 Traditional Rental Income: $1072 Airbnb ROI: -4.17% Traditional ROI: -0.39%
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: 1.01% Traditional cash on cash: 4.37% Airbnb Rental Income: $1379 Traditional Rental Income: $1985 Airbnb ROI: 1.01% Traditional ROI: 4.37%
4643 N Crossover Dr Bellaire, MI Two bedroom, three bath end condo unit close to ski slope at Shanty Creek. Fully furnishe...	2 beds \| 3 baths \| 1,300 sq.ft.	$249,900	Airbnb cash on cash: -5.09% Traditional cash on cash: -2.58% Airbnb Rental Income: $729 Traditional Rental Income: $1010 Airbnb ROI: -5.09% Traditional ROI: -2.58%
5812 S East Torch Lake Dr Bellaire, MI Unique Opportunity - Charming 2 Bedroom 2 Bath spacious home with 6 unit motel. This love...	1 beds \| 1 baths \| 716 sq.ft.	$395,000	Airbnb cash on cash: -1.77% Traditional cash on cash: 2.01% Airbnb Rental Income: $410 Traditional Rental Income: $1553 Airbnb ROI: -1.77% Traditional ROI: 2.01%
5830 Shanty Creek Rd Bellaire, MI Beautiful 2 bedroom/3 bath Timber Ridge condo located in the heart of Summit Village at Sh...	2 beds \| 3 baths \| 1,350 sq.ft.	$275,000	Airbnb cash on cash: -3.06% Traditional cash on cash: 3.52% Airbnb Rental Income: $729 Traditional Rental Income: $2124 Airbnb ROI: -3.06% Traditional ROI: 3.52%
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: -7.64% Traditional cash on cash: 2.85% Airbnb Rental Income: $410 Traditional Rental Income: $1269 Airbnb ROI: -7.64% Traditional ROI: 2.85%
6994 Obervalden Drive Bellaire, MI Positioned on corner parcel, this home blends comfort & casual elegance.Â A 3-bedroom ran...	3 beds \| 3 baths \| 2,134 sq.ft.	$599,000	Airbnb cash on cash: -0.03% Traditional cash on cash: 3.2% Airbnb Rental Income: $1379 Traditional Rental Income: $2764 Airbnb ROI: -0.03% Traditional ROI: 3.2%
6865 Pinebrook Dr Bellaire, MI Lovely Pinebrook condominium with fully updated kitchen and baths. This end unit has abund...	2 beds \| 2 baths \| 950 sq.ft.	$217,000	Airbnb cash on cash: -3.27% Traditional cash on cash: -0.39% Airbnb Rental Income: $729 Traditional Rental Income: $1010 Airbnb ROI: -3.27% Traditional ROI: -0.39%
4761 N Crossover Dr Bellaire, MI Charming 1 bedroom/1 bath condo, nestled in the heart of Summit Village at Shanty Creek Re...	1 beds \| 1 baths \| 600 sq.ft.	$159,900	Airbnb cash on cash: -5.28% Traditional cash on cash: -1.09% Airbnb Rental Income: $410 Traditional Rental Income: $792 Airbnb ROI: -5.28% Traditional ROI: -1.09%
2400 Troon South #4007 Bellaire, MI Beautifully remodeled one-bedroom, one-bath ground-floor condominium is ready for the next...	1 beds \| 1 baths \| 600 sq.ft.	$129,500	Airbnb cash on cash: -6.19% Traditional cash on cash: 3.3% Airbnb Rental Income: $410 Traditional Rental Income: $1335 Airbnb ROI: -6.19% Traditional ROI: 3.3%
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: 1.01% Traditional cash on cash: 0.92% Airbnb Rental Income: $2973 Traditional Rental Income: $2204 Airbnb ROI: 1.01% 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: -7.63% Traditional cash on cash: 3.87% Airbnb Rental Income: $410 Traditional Rental Income: $1526 Airbnb ROI: -7.63% Traditional ROI: 3.87%
905 N Bridge Street Bellaire, MI This extensively remodeled and updated three-bedroom one bath ranch home is move-in ready ...	3 beds \| 1 baths \| 1,266 sq.ft.	$230,000	Airbnb cash on cash: 2.04% Traditional cash on cash: 2.66% Airbnb Rental Income: $1379 Traditional Rental Income: $1097 Airbnb ROI: 2.04% Traditional ROI: 2.66%
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.	$269,000	Airbnb cash on cash: -4.32% Traditional cash on cash: 3.59% Airbnb Rental Income: $729 Traditional Rental Income: $2425 Airbnb ROI: -4.32% Traditional ROI: 3.59%
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.	$114,000	Airbnb cash on cash: -3.84% Traditional cash on cash: 3.96% Airbnb Rental Income: $410 Traditional Rental Income: $1013 Airbnb ROI: -3.84% Traditional ROI: 3.96%
6598 Del Mason Road Bellaire, MI Welcome to The Red Cabin Retreat! A peaceful Northern Michigan getaway set on nearly 2 pri...	3 beds \| 2 baths \| 1,040 sq.ft.	$340,000	Airbnb cash on cash: 0.93% Traditional cash on cash: 3.04% Airbnb Rental Income: $1379 Traditional Rental Income: $1636 Airbnb ROI: 0.93% Traditional ROI: 3.04%
6493 Deer Path 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: -3.81% Traditional cash on cash: 2.64% Airbnb Rental Income: $729 Traditional Rental Income: $1640 Airbnb ROI: -3.81% Traditional ROI: 2.64%
4673 Crossover Dr #562 Bellaire, MI Embark on your Northern Michigan adventure with this spacious condoâan ideal haven for f...	2 beds \| 3 baths \| 1,300 sq.ft.	$249,900	Airbnb cash on cash: -6.01% Traditional cash on cash: 2.56% Airbnb Rental Income: $729 Traditional Rental Income: $2442 Airbnb ROI: -6.01% Traditional ROI: 2.56%
6479 Kliffendorf Dr Bellaire, MI Beautiful 2 bedroom, 2 bathroom duplex within Schuss Village at Shanty Creek Resort. Love...	2 beds \| 2 baths \| 875 sq.ft.	$274,900	Airbnb cash on cash: -1.4% Traditional cash on cash: 2.64% Airbnb Rental Income: $729 Traditional Rental Income: $1465 Airbnb ROI: -1.4% Traditional ROI: 2.64%
9059 Clam Lake Rd #2 Bellaire, MI Welcome to your maintenance free "Up North" home away from home! This turnkey, main level,...	N/A beds \| 1 baths \| 476 sq.ft.	$259,900	Airbnb cash on cash: -3.69% Traditional cash on cash: 0.38% Airbnb Rental Income: $400 Traditional Rental Income: $1143 Airbnb ROI: -3.69% Traditional ROI: 0.38%
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: -5.69% Traditional cash on cash: 2.59% Airbnb Rental Income: $729 Traditional Rental Income: $2373 Airbnb ROI: -5.69% Traditional ROI: 2.59%
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: 1.19% Traditional cash on cash: 2.92% Airbnb Rental Income: $1379 Traditional Rental Income: $1607 Airbnb ROI: 1.19% 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: -0.21% Traditional cash on cash: 3.16% Airbnb Rental Income: $1379 Traditional Rental Income: $2226 Airbnb ROI: -0.21% Traditional ROI: 3.16%
4972 Hawks Spur Bellaire, MI Live the Rhythm of Resort Life â New Construction on Hawks Eye Golf Course Coming Januar...	3 beds \| 3 baths \| 1,904 sq.ft.	$679,000	Airbnb cash on cash: 0.3% Traditional cash on cash: 3.4% Airbnb Rental Income: $1379 Traditional Rental Income: $2923 Airbnb ROI: 0.3% Traditional ROI: 3.4%
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.	$275,000	Airbnb cash on cash: -3.65% Traditional cash on cash: 4.44% Airbnb Rental Income: $729 Traditional Rental Income: $2517 Airbnb ROI: -3.65% Traditional ROI: 4.44%
2400 Troon South #220 Bellaire, MI Rethink condo ownership in Northern Michigan.Â This inviting 1-bedroom suite boasts nine-...	1 beds \| 1 baths \| 594 sq.ft.	$105,000	Airbnb cash on cash: -8.14% Traditional cash on cash: 3.6% Airbnb Rental Income: $410 Traditional Rental Income: $1349 Airbnb ROI: -8.14% Traditional ROI: 3.6%
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: 2.29% Traditional cash on cash: 4.68% Airbnb Rental Income: $1379 Traditional Rental Income: $1512 Airbnb ROI: 2.29% Traditional ROI: 4.68%
5828 Shanty Creek Road #438 Bellaire, MI Shanty Creek Resort: 3 bedroom, 3 bathroom facing west and a minutes walk to the Lakeview ...	3 beds \| 3 baths \| 1,700 sq.ft.	$345,000	Airbnb cash on cash: -0.89% Traditional cash on cash: 5.05% Airbnb Rental Income: $1379 Traditional Rental Income: $2885 Airbnb ROI: -0.89% 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: -4.33% Traditional cash on cash: 3.98% Airbnb Rental Income: $729 Traditional Rental Income: $1993 Airbnb ROI: -4.33% Traditional ROI: 3.98%
7553 Steiner Road Bellaire, MI Beautiful acreage featuring a well-maintained home with an attached 30x41 garage, plus a s...	3 beds \| 2 baths \| 1,680 sq.ft.	$674,000	Airbnb cash on cash: -0.08% Traditional cash on cash: 2.16% Airbnb Rental Income: $1379 Traditional Rental Income: $2367 Airbnb ROI: -0.08% Traditional ROI: 2.16%
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: -2.7% Traditional cash on cash: 3.09% Airbnb Rental Income: $729 Traditional Rental Income: $1888 Airbnb ROI: -2.7% Traditional ROI: 3.09%
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.	$113,900	Airbnb cash on cash: -5.88% Traditional cash on cash: 5.01% Airbnb Rental Income: $410 Traditional Rental Income: $1352 Airbnb ROI: -5.88% Traditional ROI: 5.01%
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.	$113,900	Airbnb cash on cash: -5.88% Traditional cash on cash: 5.01% Airbnb Rental Income: $410 Traditional Rental Income: $1352 Airbnb ROI: -5.88% Traditional ROI: 5.01%

Real Estate investment in Bellaire, MI

There are 102 properties for sale in the city of Bellaire . The median list price in Bellaire is $269,000 and the average price per square foot is $136. In March 2026, the average monthly cash on cash return in Bellaire is 4.00%. The average monthly rental income in Bellaire is $1,117.

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

There are 102 investment properties available for sale in Bellaire.

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

The ROI for Long-Term is higher than the Short-Term in Bellaire with average rental income of $1,117.

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: -7.44%

Traditional cash on cash: 2.29%

Airbnb Rental Income: $410

Traditional Rental Income: $1270

Airbnb ROI: -7.44%

Traditional ROI: 2.29%

5828 Shanty Creek Rd

Bellaire, MI

3 beds | 2 baths | 1,700 sq.ft.

$345,000

Airbnb cash on cash: -1.56%

Traditional cash on cash: -0.53%

Airbnb Rental Income: $1379

Traditional Rental Income: $1296

Airbnb ROI: -1.56%

Traditional ROI: -0.53%

2400 TROON SOUTH

Bellaire, MI

1 beds | 1 baths | 656 sq.ft.

$139,000

Airbnb cash on cash: -5.86%

Traditional cash on cash: 1.51%

Airbnb Rental Income: $410

Traditional Rental Income: $1136

Airbnb ROI: -5.86%

Traditional ROI: 1.51%

5811 East Village Drive

Bellaire, MI

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

$599,900

Airbnb cash on cash: -0.07%

Traditional cash on cash: 2.14%

Airbnb Rental Income: $1991

Traditional Rental Income: $2709

Airbnb ROI: -0.07%

Traditional ROI: 2.14%

4673 Crossover Dr

Bellaire, MI

2 beds | 3 baths | 1,300 sq.ft.

$249,900

Airbnb cash on cash: -6.01%

Traditional cash on cash: -0.6%

Airbnb Rental Income: $729

Traditional Rental Income: $1696

Airbnb ROI: -6.01%

Traditional ROI: -0.6%

2100 W Schuss Mountain Dr

Bellaire, MI

2 beds | 2 baths | 923 sq.ft.

$269,000

Airbnb cash on cash: -2.6%

Traditional cash on cash: 2.78%

Airbnb Rental Income: $729

Traditional Rental Income: $1782

Airbnb ROI: -2.6%

Traditional ROI: 2.78%

2050 W Schuss Mountain Dr

Bellaire, MI

2 beds | 2 baths | 831 sq.ft.

$269,000

Airbnb cash on cash: -3.43%

Traditional cash on cash: 1.5%

Airbnb Rental Income: $729

Traditional Rental Income: $1668

Airbnb ROI: -3.43%

Traditional ROI: 1.5%

9059 Clam Lake Rd

Bellaire, MI

N/A beds | 1 baths | 476 sq.ft.

$259,900

Airbnb cash on cash: -4.17%

Traditional cash on cash: -0.39%

Airbnb Rental Income: $400

Traditional Rental Income: $1072

Airbnb ROI: -4.17%