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: -4.89% Traditional cash on cash: 2.29% Airbnb Rental Income: $762 Traditional Rental Income: $1270 Airbnb ROI: -4.89% Traditional ROI: 2.29%
7133 Crystal Springs Road Bellaire, MI Charming lake cottage with 1,215 sq ft of finished living space offering authentic lakesid...	2 beds \| 1 baths \| 1,215 sq.ft.	$750,000	Airbnb cash on cash: -0.41% Traditional cash on cash: 1.02% Airbnb Rental Income: $1259 Traditional Rental Income: $1857 Airbnb ROI: -0.41% Traditional ROI: 1.02%
3055 White Tail Drive Bellaire, MI Welcome to 3055 White Tail Drive â a stunning 4-bedroom, 4-bathroom home nestled along t...	4 beds \| 4 baths \| 3,016 sq.ft.	$499,000	Airbnb cash on cash: 2.86% Traditional cash on cash: 6.01% Airbnb Rental Income: $2863 Traditional Rental Income: $3665 Airbnb ROI: 2.86% Traditional ROI: 6.01%
704 Green Acres Bellaire, MI QUIET SERENITY and natureâs beauty abound at this beautifully maintained home on approxi...	3 beds \| 3 baths \| 1,616 sq.ft.	$689,000	Airbnb cash on cash: 0.55% Traditional cash on cash: 2.63% Airbnb Rental Income: $1872 Traditional Rental Income: $2703 Airbnb ROI: 0.55% Traditional ROI: 2.63%
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: -4.88% Traditional cash on cash: 2.85% Airbnb Rental Income: $762 Traditional Rental Income: $1269 Airbnb ROI: -4.88% Traditional ROI: 2.85%
6994 Obervalden Drive Bellaire, MI Experience relaxed golf course living in this comfortable and timeless ranch-style home, p...	3 beds \| 2 baths \| 2,134 sq.ft.	$559,000	Airbnb cash on cash: 0.83% Traditional cash on cash: 3.5% Airbnb Rental Income: $1872 Traditional Rental Income: $2764 Airbnb ROI: 0.83% Traditional ROI: 3.5%
3185 Riverside Drive Bellaire, MI Welcome to the River, where days are cherished and time seems to tick just a bit slower, a...	2 beds \| 2 baths \| 948 sq.ft.	$425,000	Airbnb cash on cash: -0.6% Traditional cash on cash: 1.69% Airbnb Rental Income: $1259 Traditional Rental Income: $1770 Airbnb ROI: -0.6% Traditional ROI: 1.69%
5875 Valleywood Drive Bellaire, MI This charming log home, on 1.5 acres, offers the perfect northern Michigan retreat. A wel...	2 beds \| 2 baths \| 1,254 sq.ft.	$399,900	Airbnb cash on cash: 0.1% Traditional cash on cash: 3.19% Airbnb Rental Income: $1259 Traditional Rental Income: $2017 Airbnb ROI: 0.1% Traditional ROI: 3.19%
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: -3.84% Traditional cash on cash: 3.3% Airbnb Rental Income: $762 Traditional Rental Income: $1335 Airbnb ROI: -3.84% 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.	$899,900	Airbnb cash on cash: 1.93% Traditional cash on cash: 1.13% Airbnb Rental Income: $3682 Traditional Rental Income: $2204 Airbnb ROI: 1.93% Traditional ROI: 1.13%
2400 Troon South #4210 Bellaire, MI Base camp suite at Shanty Creek Resort in the Cedar River Hotel. This is far from your t...	1 beds \| 1 baths \| 594 sq.ft.	$119,000	Airbnb cash on cash: -5.34% Traditional cash on cash: 4.06% Airbnb Rental Income: $762 Traditional Rental Income: $1526 Airbnb ROI: -5.34% Traditional ROI: 4.06%
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: -1.18% Traditional cash on cash: 3.96% Airbnb Rental Income: $762 Traditional Rental Income: $1013 Airbnb ROI: -1.18% Traditional ROI: 3.96%
4532 Valley View Road Bellaire, MI Beautiful newer 3-bedroom, 3-bath home perfectly situated on TWO lots overlooking the cham...	3 beds \| 3 baths \| 2,400 sq.ft.	$599,900	Airbnb cash on cash: 0.86% Traditional cash on cash: 2.75% Airbnb Rental Income: $1872 Traditional Rental Income: $2430 Airbnb ROI: 0.86% Traditional ROI: 2.75%
9059 Clam Lake Road #2 Bellaire, MI Torch Lake is at your fingertips from this turnkey condo on the shore of Clam Lake. Comple...	1 beds \| 1 baths \| 476 sq.ft.	$259,900	Airbnb cash on cash: -2.46% Traditional cash on cash: 0.38% Airbnb Rental Income: $762 Traditional Rental Income: $1143 Airbnb ROI: -2.46% Traditional ROI: 0.38%
2768 S M-88 Bellaire, MI 3 Bedroom 2 bath home located on a scenic 5 acre parcel in great location just one mile No...	3 beds \| 2 baths \| 2,796 sq.ft.	$330,000	Airbnb cash on cash: 2.52% Traditional cash on cash: 6.01% Airbnb Rental Income: $1872 Traditional Rental Income: $2454 Airbnb ROI: 2.52% Traditional ROI: 6.01%
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: -3.82% Traditional cash on cash: 2.59% Airbnb Rental Income: $1259 Traditional Rental Income: $2373 Airbnb ROI: -3.82% Traditional ROI: 2.59%
5582 Troon North Bellaire, MI Stunning views of the 16th fairway of the Cedar River Golf Course will be yours from this ...	4 beds \| 3 baths \| 3,492 sq.ft.	$840,000	Airbnb cash on cash: 0.61% Traditional cash on cash: 1.69% Airbnb Rental Income: $2863 Traditional Rental Income: $3043 Airbnb ROI: 0.61% Traditional ROI: 1.69%
4972 Hawks Spur Bellaire, MI Just Completed! â Welcome to this Quality New Construction home in the heart of Northern...	3 beds \| 3 baths \| 1,904 sq.ft.	$679,000	Airbnb cash on cash: 0.95% Traditional cash on cash: 3.4% Airbnb Rental Income: $1872 Traditional Rental Income: $2923 Airbnb ROI: 0.95% Traditional ROI: 3.4%
204 E Forest Home Avenue Bellaire, MI Spectacular super spacious 3 bedroom & 3 bath 2800+ sq ft Cape Cod home located on double ...	3 beds \| 2 baths \| 2,880 sq.ft.	$579,000	Airbnb cash on cash: 1.28% Traditional cash on cash: 4.06% Airbnb Rental Income: $1872 Traditional Rental Income: $2871 Airbnb ROI: 1.28% Traditional ROI: 4.06%
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.	$255,000	Airbnb cash on cash: -2.02% Traditional cash on cash: 4.86% Airbnb Rental Income: $1259 Traditional Rental Income: $2517 Airbnb ROI: -2.02% Traditional ROI: 4.86%
2400 Troon South #4101 Bellaire, MI FULLY FURNISHED condo-tel unit is ready for you to arrive with an overnight bag for presti...	1 beds \| 1 baths \| 594 sq.ft.	$124,000	Airbnb cash on cash: 1.67% Traditional cash on cash: 9.32% Airbnb Rental Income: $762 Traditional Rental Income: $1360 Airbnb ROI: 1.67% Traditional ROI: 9.32%
7684 Honey Hollow Road Bellaire, MI Discover the perfect blend of privacy, potential, and proximity with this exceptional 3-be...	3 beds \| 3 baths \| 1,648 sq.ft.	$550,000	Airbnb cash on cash: 0.86% Traditional cash on cash: 2.76% Airbnb Rental Income: $1872 Traditional Rental Income: $2350 Airbnb ROI: 0.86% Traditional ROI: 2.76%
6758 Clam Lake Drive Bellaire, MI An iconic part of the Bellaire landscape for more than a century, this beautifully restore...	4 beds \| 2 baths \| 2,367 sq.ft.	$649,000	Airbnb cash on cash: 1.98% Traditional cash on cash: 4.02% Airbnb Rental Income: $2863 Traditional Rental Income: $3429 Airbnb ROI: 1.98% Traditional ROI: 4.02%
402 E Cayuga Street Bellaire, MI Amazing Property! If you appreciate the beauty of historic home features and the value of...	4 beds \| 4 baths \| 2,415 sq.ft.	$479,000	Airbnb cash on cash: 3.31% Traditional cash on cash: 6.56% Airbnb Rental Income: $2863 Traditional Rental Income: $3654 Airbnb ROI: 3.31% Traditional ROI: 6.56%
8370 Lake Of The Woods Road Bellaire, MI Tucked away in the scenic heart of Antrim County, this classic knotty pine home offers the...	2 beds \| 1 baths \| 1,182 sq.ft.	$599,900	Airbnb cash on cash: 0.17% Traditional cash on cash: 1.67% Airbnb Rental Income: $1259 Traditional Rental Income: $1701 Airbnb ROI: 0.17% Traditional ROI: 1.67%
5828 Shanty Creek Road #438 Bellaire, MI Shanty Creek offers a 3-bed, 3-bath unit with a west-facing view, just a minuteâs walk f...	3 beds \| 3 baths \| 1,700 sq.ft.	$339,900	Airbnb cash on cash: 0.36% Traditional cash on cash: 5.1% Airbnb Rental Income: $1872 Traditional Rental Income: $2885 Airbnb ROI: 0.36% Traditional ROI: 5.1%
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: -2% Traditional cash on cash: 3.98% Airbnb Rental Income: $1259 Traditional Rental Income: $1993 Airbnb ROI: -2% Traditional ROI: 3.98%
4135 Schoolcraft Bellaire, MI BRING YOUR TOYS, TOOLS, HORSES & BIG DREAMS! SUMMIT GOLF COURSE FRONTAGE AT SHANTY CREEK R...	3 beds \| 2 baths \| 1,601 sq.ft.	$675,000	Airbnb cash on cash: 0.44% Traditional cash on cash: 1.89% Airbnb Rental Income: $1872 Traditional Rental Income: $2284 Airbnb ROI: 0.44% Traditional ROI: 1.89%
6497 Deer Path #117 Bellaire, MI Turn-key 2BR/2BA condo in the heart of Shanty Creek Resort offering the perfect four-seaso...	2 beds \| 2 baths \| 1,026 sq.ft.	$204,500	Airbnb cash on cash: -1.18% Traditional cash on cash: 4.66% Airbnb Rental Income: $1259 Traditional Rental Income: $1993 Airbnb ROI: -1.18% Traditional ROI: 4.66%
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: -3.22% Traditional cash on cash: 5.01% Airbnb Rental Income: $762 Traditional Rental Income: $1352 Airbnb ROI: -3.22% 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: -3.22% Traditional cash on cash: 5.01% Airbnb Rental Income: $762 Traditional Rental Income: $1352 Airbnb ROI: -3.22% Traditional ROI: 5.01%
2400 Troon South #4222 Bellaire, MI Perfect as a personal getaway or investment opportunity, this 1-bedroom suite is located i...	1 beds \| 1 baths \| 594 sq.ft.	$114,900	Airbnb cash on cash: -4.96% Traditional cash on cash: 3.22% Airbnb Rental Income: $762 Traditional Rental Income: $1354 Airbnb ROI: -4.96% Traditional ROI: 3.22%
3994 Harbour Town Bellaire, MI Discover this stunning handcrafted executive home at Cedar River Village, offering sweepin...	4 beds \| 4 baths \| 4,300 sq.ft.	$995,000	Airbnb cash on cash: 0.67% Traditional cash on cash: 3.13% Airbnb Rental Income: $2863 Traditional Rental Income: $4478 Airbnb ROI: 0.67% Traditional ROI: 3.13%
2418 Hawks Eye Drive Bellaire, MI Experience the appeal of brand-new construction in this beautifully finished 3-bedroom, 2-...	3 beds \| 2 baths \| 1,700 sq.ft.	$595,000	Airbnb cash on cash: 0.78% Traditional cash on cash: 2.97% Airbnb Rental Income: $1872 Traditional Rental Income: $2591 Airbnb ROI: 0.78% Traditional ROI: 2.97%
211 N Beech Street Bellaire, MI Stunning Waterfront Home in the Village of Bellaire, Michigan Discover the charm of north...	5 beds \| 3 baths \| 3,505 sq.ft.	$750,000	Airbnb cash on cash: 1.87% Traditional cash on cash: 2.97% Airbnb Rental Income: $3682 Traditional Rental Income: $3645 Airbnb ROI: 1.87% Traditional ROI: 2.97%
4633 N Crossover Drive #506 Bellaire, MI Welcome to this beautifully updated, furnished, Main-Floor Condo perfectly positioned on t...	2 beds \| 3 baths \| 1,245 sq.ft.	$269,900	Airbnb cash on cash: -4.3% Traditional cash on cash: 1.67% Airbnb Rental Income: $1259 Traditional Rental Income: $2380 Airbnb ROI: -4.3% Traditional ROI: 1.67%
885 S M-88 Bellaire, MI Welcome to this stunning 3-bedroom, 2.5-bathroom lakefront home offering 2,448 square feet...	3 beds \| 3 baths \| 2,448 sq.ft.	$1,095,000	Airbnb cash on cash: -0.54% Traditional cash on cash: 1.33% Airbnb Rental Income: $1872 Traditional Rental Income: $3280 Airbnb ROI: -0.54% Traditional ROI: 1.33%
5610 Shanty Creek Road #104 Bellaire, MI Recently renovated studio condo right in the heart of Shanty Creek Resort. Private pool an...	1 beds \| 1 baths \| 350 sq.ft.	$109,900	Airbnb cash on cash: -3.24% Traditional cash on cash: 5.06% Airbnb Rental Income: $762 Traditional Rental Income: $1330 Airbnb ROI: -3.24% Traditional ROI: 5.06%
6865 Pinebrook #9 Bellaire, MI Welcome to carefree living in the desirable Pinebrook Condominiums! This charming 2-bedroo...	2 beds \| 2 baths \| 950 sq.ft.	$217,000	Airbnb cash on cash: -1.12% Traditional cash on cash: 3.25% Airbnb Rental Income: $1259 Traditional Rental Income: $1759 Airbnb ROI: -1.12% Traditional ROI: 3.25%
4761 N Crossover #617 Bellaire, MI West-Facing Condo with Stunning Sunset & Lake Bellaire Views Welcome to your Up North bas...	1 beds \| 1 baths \| 600 sq.ft.	$154,900	Airbnb cash on cash: -3.38% Traditional cash on cash: 2.37% Airbnb Rental Income: $762 Traditional Rental Income: $1298 Airbnb ROI: -3.38% Traditional ROI: 2.37%

Real Estate investment in Bellaire, MI

There are 68 properties for sale in the city of Bellaire . The median list price in Bellaire is $239,856 and the average price per square foot is $108. In July 2026, the average monthly cash on cash return in Bellaire is 4.00%. The average monthly rental income in Bellaire is $2,138.

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

There are 68 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 $2,138.

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: -4.89%

Traditional cash on cash: 2.29%

Airbnb Rental Income: $762

Traditional Rental Income: $1270

Airbnb ROI: -4.89%

Traditional ROI: 2.29%

7133 Crystal Springs Road

Bellaire, MI

2 beds | 1 baths | 1,215 sq.ft.

$750,000

Airbnb cash on cash: -0.41%

Traditional cash on cash: 1.02%

Airbnb Rental Income: $1259

Traditional Rental Income: $1857

Airbnb ROI: -0.41%

Traditional ROI: 1.02%

3055 White Tail Drive

Bellaire, MI

4 beds | 4 baths | 3,016 sq.ft.

$499,000

Airbnb cash on cash: 2.86%

Traditional cash on cash: 6.01%

Airbnb Rental Income: $2863

Traditional Rental Income: $3665

Airbnb ROI: 2.86%

Traditional ROI: 6.01%

704 Green Acres

Bellaire, MI

3 beds | 3 baths | 1,616 sq.ft.

$689,000

Airbnb cash on cash: 0.55%

Traditional cash on cash: 2.63%

Airbnb Rental Income: $1872

Traditional Rental Income: $2703

Airbnb ROI: 0.55%

Traditional ROI: 2.63%

2400 Troon South #4102

Bellaire, MI

1 beds | 1 baths | 622 sq.ft.

$110,000

Airbnb cash on cash: -4.88%

Traditional cash on cash: 2.85%

Airbnb Rental Income: $762

Traditional Rental Income: $1269

Airbnb ROI: -4.88%

Traditional ROI: 2.85%

6994 Obervalden Drive

Bellaire, MI

3 beds | 2 baths | 2,134 sq.ft.

$559,000

Airbnb cash on cash: 0.83%

Traditional cash on cash: 3.5%

Airbnb Rental Income: $1872

Traditional Rental Income: $2764

Airbnb ROI: 0.83%

Traditional ROI: 3.5%

3185 Riverside Drive

Bellaire, MI

2 beds | 2 baths | 948 sq.ft.

$425,000

Airbnb cash on cash: -0.6%

Traditional cash on cash: 1.69%

Airbnb Rental Income: $1259

Traditional Rental Income: $1770

Airbnb ROI: -0.6%

Traditional ROI: 1.69%

5875 Valleywood Drive

Bellaire, MI

2 beds | 2 baths | 1,254 sq.ft.

$399,900

Airbnb cash on cash: 0.1%

Traditional cash on cash: 3.19%

Airbnb Rental Income: $1259

Traditional Rental Income: $2017

Airbnb ROI: 0.1%