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
6001 N Silver Pines Drive Bellaire, MI Welcome to your dream waterfront haven! Nestled in scenic Bellaire, this delightful 3-bedr...	3 beds \| 3 baths \| 1,640 sq.ft.	$669,000	Airbnb cash on cash: 0.3% Traditional cash on cash: 2.52% Airbnb Rental Income: $1820 Traditional Rental Income: $2716 Airbnb ROI: 0.3% Traditional ROI: 2.52%
5828 Shanty Creek Road #422 Bellaire, MI Three bedroom condo near the Lakeview Hotel and shop area at Shanty Creek Resort. A prime...	3 beds \| 3 baths \| 1,700 sq.ft.	$334,900	Airbnb cash on cash: 0.74% Traditional cash on cash: 5.69% Airbnb Rental Income: $1820 Traditional Rental Income: $2885 Airbnb ROI: 0.74% Traditional ROI: 5.69%
2280 Troon South #515 Bellaire, MI A rare opportunity for full ownership of Ski-In/Ski-Out Shanty Creek Condo Overlooking the...	4 beds \| 4 baths \| 2,431 sq.ft.	$639,900	Airbnb cash on cash: 0.57% Traditional cash on cash: 3.23% Airbnb Rental Income: $2460 Traditional Rental Income: $3448 Airbnb ROI: 0.57% Traditional ROI: 3.23%
1074 Alm Court Bellaire, MI Nestled on three spacious lots in the desirable Swiss Village East, this fully renovated c...	3 beds \| 2 baths \| 1,490 sq.ft.	$439,000	Airbnb cash on cash: 1.6% Traditional cash on cash: 3.45% Airbnb Rental Income: $1820 Traditional Rental Income: $2089 Airbnb ROI: 1.6% Traditional ROI: 3.45%
9059 Clam Lake Road #18 & 19 Bellaire, MI This turn key waterfront condo puts you just steps away from your dedicated boat slip and ...	2 beds \| 2 baths \| 877 sq.ft.	$389,900	Airbnb cash on cash: 1.36% Traditional cash on cash: 3.51% Airbnb Rental Income: $1475 Traditional Rental Income: $1827 Airbnb ROI: 1.36% Traditional ROI: 3.51%
3007 Akins Lane Bellaire, MI Charming Custom-built home on the centennial golf course. Priced to reflect the seller's m...	3 beds \| 3 baths \| 4,151 sq.ft.	$530,000	Airbnb cash on cash: 0.98% Traditional cash on cash: 4.38% Airbnb Rental Income: $1820 Traditional Rental Income: $3015 Airbnb ROI: 0.98% Traditional ROI: 4.38%
4769 Brookwood Lane Bellaire, MI This unique 3900 sq foot resort- like residence is located on a private road and is within...	4 beds \| 3 baths \| 3,900 sq.ft.	$580,000	Airbnb cash on cash: 1.79% Traditional cash on cash: 3.77% Airbnb Rental Income: $2460 Traditional Rental Income: $2935 Airbnb ROI: 1.79% Traditional ROI: 3.77%
4826 N Crossover Drive #20 Bellaire, MI Location and View! Location and View! You would have a hard time finding a better view of ...	2 beds \| 1 baths \| 610 sq.ft.	$215,000	Airbnb cash on cash: 3.09% Traditional cash on cash: 5.21% Airbnb Rental Income: $1475 Traditional Rental Income: $1473 Airbnb ROI: 3.09% Traditional ROI: 5.21%
4492 Forest Trail Bellaire, MI Custom built home with new roof, sky lights, ac, and flooring. You'll love the stunning g...	4 beds \| 4 baths \| 4,011 sq.ft.	$879,000	Airbnb cash on cash: -1.29% Traditional cash on cash: 0.25% Airbnb Rental Income: $2460 Traditional Rental Income: $3126 Airbnb ROI: -1.29% Traditional ROI: 0.25%
5219 S East Torch Lake Drive Bellaire, MI One-Level Ranch with Torch Lake Access! Over an acre of wooded privacy and just a short wa...	4 beds \| 2 baths \| 2,060 sq.ft.	$479,000	Airbnb cash on cash: 2.28% Traditional cash on cash: 3.93% Airbnb Rental Income: $2460 Traditional Rental Income: $2602 Airbnb ROI: 2.28% Traditional ROI: 3.93%
503 N Bridge Street Bellaire, MI Welcome to 503 North Bridge Street. This 1905 Victorian has been fully renovated and resto...	4 beds \| 4 baths \| 3,500 sq.ft.	$995,000	Airbnb cash on cash: 0.55% Traditional cash on cash: 0.92% Airbnb Rental Income: $2460 Traditional Rental Income: $2204 Airbnb ROI: 0.55% Traditional ROI: 0.92%
2500 Josef Strasse #410-411 Bellaire, MI Enjoy Up North resort living at Schuss Mountain, one of the villages in Shanty Creek Resor...	3 beds \| 2 baths \| 1,680 sq.ft.	$279,000	Airbnb cash on cash: 1.86% Traditional cash on cash: 5.6% Airbnb Rental Income: $1820 Traditional Rental Income: $2313 Airbnb ROI: 1.86% Traditional ROI: 5.6%
2280 Troon S Bellaire, MI A rare opportunity for full ownership of Ski-In/Ski-Out Shanty Creek Condo Overlooking the...	4 beds \| 4 baths \| 2,431 sq.ft.	$639,900	Airbnb cash on cash: 1.4% Traditional cash on cash: 3.05% Airbnb Rental Income: $2460 Traditional Rental Income: $2846 Airbnb ROI: 1.4% Traditional ROI: 3.05%
5845 West Village Drive Bellaire, MI Charming log home on lovely wooded lot in Swiss Village East. It is the quintessential cab...	3 beds \| 2 baths \| 1,422 sq.ft.	$359,000	Airbnb cash on cash: 1.52% Traditional cash on cash: 2.83% Airbnb Rental Income: $1820 Traditional Rental Income: $1772 Airbnb ROI: 1.52% Traditional ROI: 2.83%
5712 Shanty Creek Road #676 Bellaire, MI Hello Shanty Creek! Pack your bag, come on up, play and stay awhile! Enjoy year round fun ...	1 beds \| 1 baths \| 400 sq.ft.	$105,000	Airbnb cash on cash: 1.84% Traditional cash on cash: 7.64% Airbnb Rental Income: $733 Traditional Rental Income: $1013 Airbnb ROI: 1.84% Traditional ROI: 7.64%
1768 S M-88 Bellaire, MI Nestled just outside the picturesque village of Bellaire, this stunning property offers th...	3 beds \| 3 baths \| 1,848 sq.ft.	$474,900	Airbnb cash on cash: 1.55% Traditional cash on cash: 2.67% Airbnb Rental Income: $1820 Traditional Rental Income: $1822 Airbnb ROI: 1.55% Traditional ROI: 2.67%
2400 Troon South #4008 Bellaire, MI Most Affordable Unit at Shanty Creek â Maintenance-Free Weekend Getaway! Escape to the h...	1 beds \| 1 baths \| 594 sq.ft.	$100,000	Airbnb cash on cash: 1.3% Traditional cash on cash: 10.89% Airbnb Rental Income: $733 Traditional Rental Income: $1354 Airbnb ROI: 1.3% Traditional ROI: 10.89%
5923 TROON NORTH Bellaire, MI This home reflects a deep appreciation for quality and comfort while capturing panoramic v...	5 beds \| 4 baths \| 2,150 sq.ft.	$869,000	Airbnb cash on cash: 1.54% Traditional cash on cash: 1.23% Airbnb Rental Income: $3637 Traditional Rental Income: $2595 Airbnb ROI: 1.54% Traditional ROI: 1.23%
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.	$214,900	Airbnb cash on cash: 2.13% Traditional cash on cash: 6.8% Airbnb Rental Income: $1475 Traditional Rental Income: $1991 Airbnb ROI: 2.13% Traditional ROI: 6.8%
4673 Crossover Drive #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.	$254,900	Airbnb cash on cash: 1.42% Traditional cash on cash: 7.24% Airbnb Rental Income: $1475 Traditional Rental Income: $2442 Airbnb ROI: 1.42% Traditional ROI: 7.24%
402 S DIVISION Bellaire, MI This three bedroom/two bath home sits on 12 undeveloped acres inside the Village of Bellai...	3 beds \| 2 baths \| 1,700 sq.ft.	$499,000	Airbnb cash on cash: 0.12% Traditional cash on cash: 2.21% Airbnb Rental Income: $1820 Traditional Rental Income: $2304 Airbnb ROI: 0.12% Traditional ROI: 2.21%
2400 Troon South #4230 Bellaire, MI Enjoy a view of the pool from this nicely updated 1 bedroom suite at The Lodge at Cedar Ri...	1 beds \| 1 baths \| 594 sq.ft.	$112,900	Airbnb cash on cash: 1.1% Traditional cash on cash: 9.64% Airbnb Rental Income: $733 Traditional Rental Income: $1354 Airbnb ROI: 1.1% Traditional ROI: 9.64%
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.	$299,000	Airbnb cash on cash: 2.77% Traditional cash on cash: 6.77% Airbnb Rental Income: $1820 Traditional Rental Income: $2454 Airbnb ROI: 2.77% Traditional ROI: 6.77%
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: 2.02% Traditional cash on cash: 7.66% Airbnb Rental Income: $1475 Traditional Rental Income: $2373 Airbnb ROI: 2.02% Traditional ROI: 7.66%
2400 Troon South #4012 Bellaire, MI This furnished ground level suite is an ideal spot to enjoy all the resort amenities and t...	1 beds \| 1 baths \| 594 sq.ft.	$120,000	Airbnb cash on cash: 1.46% Traditional cash on cash: 9.18% Airbnb Rental Income: $733 Traditional Rental Income: $1315 Airbnb ROI: 1.46% Traditional ROI: 9.18%
5712 SHANTY CREEK 676 Bellaire, MI Hello Shanty Creek! Pack your bag, come on up, play and stay awhile! Enjoy year round fun ...	1 beds \| 1 baths \| 400 sq.ft.	$105,000	Airbnb cash on cash: 0.73% Traditional cash on cash: 6.27% Airbnb Rental Income: $733 Traditional Rental Income: $986 Airbnb ROI: 0.73% Traditional ROI: 6.27%
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.	$369,000	Airbnb cash on cash: 2.58% Traditional cash on cash: 8% Airbnb Rental Income: $2460 Traditional Rental Income: $3739 Airbnb ROI: 2.58% Traditional ROI: 8%
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: 2.17% Traditional cash on cash: 2.92% Airbnb Rental Income: $1820 Traditional Rental Income: $1607 Airbnb ROI: 2.17% 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: 0.77% Traditional cash on cash: 3.16% Airbnb Rental Income: $1820 Traditional Rental Income: $2226 Airbnb ROI: 0.77% Traditional ROI: 3.16%
5712 Shanty Creek Road #669 Bellaire, MI Here is an easy opportunity to become an owner at beautiful Shanty Creek Resort! This cozy...	1 beds \| 1 baths \| 400 sq.ft.	$105,000	Airbnb cash on cash: 1.77% Traditional cash on cash: 10.8% Airbnb Rental Income: $733 Traditional Rental Income: $1341 Airbnb ROI: 1.77% Traditional ROI: 10.8%
4972 Hawks Spur Bellaire, MI Walk out the door of your brand new custom home to the 18th hole of the Hawk's Eye Golf Cl...	3 beds \| 3 baths \| 1,904 sq.ft.	$679,000	Airbnb cash on cash: 0.88% Traditional cash on cash: 3.4% Airbnb Rental Income: $1820 Traditional Rental Income: $2923 Airbnb ROI: 0.88% 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: 1.46% Traditional cash on cash: 7.16% Airbnb Rental Income: $1475 Traditional Rental Income: $2517 Airbnb ROI: 1.46% Traditional ROI: 7.16%
2400 Troon South #4226 Bellaire, MI The Lodge at Cedar River Village is a thoughtfully designed hotel to provide ease and comf...	1 beds \| 1 baths \| 594 sq.ft.	$124,900	Airbnb cash on cash: 0.66% Traditional cash on cash: 8.37% Airbnb Rental Income: $733 Traditional Rental Income: $1349 Airbnb ROI: 0.66% Traditional ROI: 8.37%
2400 Troon South #4220 Bellaire, MI Shanty Creek is a dream destination for golfers seeking the perfect blend of natural beaut...	1 beds \| 1 baths \| 594 sq.ft.	$124,000	Airbnb cash on cash: 0.67% Traditional cash on cash: 8.43% Airbnb Rental Income: $733 Traditional Rental Income: $1349 Airbnb ROI: 0.67% Traditional ROI: 8.43%
586 Holiday Drive Bellaire, MI Well-maintained 3-bedroom, 1-bath home located in a quiet neighborhood within the Village ...	3 beds \| 1 baths \| 1,056 sq.ft.	$269,000	Airbnb cash on cash: 3.59% Traditional cash on cash: 4.31% Airbnb Rental Income: $1820 Traditional Rental Income: $1512 Airbnb ROI: 3.59% Traditional ROI: 4.31%
2506 Hawks Eye Drive #172 Bellaire, MI Step into this architectural masterpiece overlooking the green of the 6th hole at The Hawk...	4 beds \| 3 baths \| 3,243 sq.ft.	$799,000	Airbnb cash on cash: 1% Traditional cash on cash: 1.92% Airbnb Rental Income: $2460 Traditional Rental Income: $2544 Airbnb ROI: 1% Traditional ROI: 1.92%
5592 TROON NORTH Bellaire, MI Stunning, custom-built log home overlooking the 16th tee & fairway of the Tom Weiskopf des...	5 beds \| 4 baths \| 3,798 sq.ft.	$799,000	Airbnb cash on cash: 2.67% Traditional cash on cash: 3.87% Airbnb Rental Income: $3637 Traditional Rental Income: $3738 Airbnb ROI: 2.67% Traditional ROI: 3.87%
5670 Shanty Creek Road #3 Bellaire, MI Legend Cottage #3 faces west with panoramic views over the prestigious Legend Golf Course....	2 beds \| 2 baths \| 1,200 sq.ft.	$374,900	Airbnb cash on cash: 0.75% Traditional cash on cash: 4.1% Airbnb Rental Income: $1475 Traditional Rental Income: $2221 Airbnb ROI: 0.75% Traditional ROI: 4.1%
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.	$123,000	Airbnb cash on cash: 1.49% Traditional cash on cash: 9.4% Airbnb Rental Income: $733 Traditional Rental Income: $1360 Airbnb ROI: 1.49% Traditional ROI: 9.4%
9017 Clam Lake Road Bellaire, MI An incredible opportunity on Clam Lake with 362 feet of private frontage and sweeping pano...	3 beds \| 3 baths \| 2,974 sq.ft.	$1,700,000	Airbnb cash on cash: -0.65% Traditional cash on cash: 0.61% Airbnb Rental Income: $1820 Traditional Rental Income: $3314 Airbnb ROI: -0.65% Traditional ROI: 0.61%

Real Estate investment in Bellaire, MI

There are 66 properties for sale in the city of Bellaire . The median list price in Bellaire is $399,900 and the average price per square foot is $231. In September 2025, the average monthly cash on cash return in Bellaire is 4.00%. The average monthly rental income in Bellaire is $2,226.

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

There are 66 investment properties available for sale in Bellaire.

In 2025, 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 $2,226.

Your search for investment property begins and ends here

Investment Property for Sale in Bellaire, MI

6001 N Silver Pines Drive

Bellaire, MI

3 beds | 3 baths | 1,640 sq.ft.

$669,000

Airbnb cash on cash: 0.3%

Traditional cash on cash: 2.52%

Airbnb Rental Income: $1820

Traditional Rental Income: $2716

Airbnb ROI: 0.3%

Traditional ROI: 2.52%

5828 Shanty Creek Road #422

Bellaire, MI

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

$334,900

Airbnb cash on cash: 0.74%

Traditional cash on cash: 5.69%

Airbnb Rental Income: $1820

Traditional Rental Income: $2885

Airbnb ROI: 0.74%

Traditional ROI: 5.69%

2280 Troon South #515

Bellaire, MI

4 beds | 4 baths | 2,431 sq.ft.

$639,900

Airbnb cash on cash: 0.57%

Traditional cash on cash: 3.23%

Airbnb Rental Income: $2460

Traditional Rental Income: $3448

Airbnb ROI: 0.57%

Traditional ROI: 3.23%

1074 Alm Court

Bellaire, MI

3 beds | 2 baths | 1,490 sq.ft.

$439,000

Airbnb cash on cash: 1.6%

Traditional cash on cash: 3.45%

Airbnb Rental Income: $1820

Traditional Rental Income: $2089

Airbnb ROI: 1.6%

Traditional ROI: 3.45%

9059 Clam Lake Road #18 & 19

Bellaire, MI

2 beds | 2 baths | 877 sq.ft.

$389,900

Airbnb cash on cash: 1.36%

Traditional cash on cash: 3.51%

Airbnb Rental Income: $1475

Traditional Rental Income: $1827

Airbnb ROI: 1.36%

Traditional ROI: 3.51%

3007 Akins Lane

Bellaire, MI

3 beds | 3 baths | 4,151 sq.ft.

$530,000

Airbnb cash on cash: 0.98%

Traditional cash on cash: 4.38%

Airbnb Rental Income: $1820

Traditional Rental Income: $3015

Airbnb ROI: 0.98%

Traditional ROI: 4.38%

4769 Brookwood Lane

Bellaire, MI

4 beds | 3 baths | 3,900 sq.ft.

$580,000

Airbnb cash on cash: 1.79%

Traditional cash on cash: 3.77%

Airbnb Rental Income: $2460

Traditional Rental Income: $2935

Airbnb ROI: 1.79%

Traditional ROI: 3.77%

4826 N Crossover Drive #20

Bellaire, MI

2 beds | 1 baths | 610 sq.ft.

$215,000

Airbnb cash on cash: 3.09%

Traditional cash on cash: 5.21%

Airbnb Rental Income: $1475

Traditional Rental Income: $1473

Airbnb ROI: 3.09%