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 S #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: -4.58% Traditional cash on cash: 2.29% Airbnb Rental Income: $805 Traditional Rental Income: $1270 Airbnb ROI: -4.58% 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 \| 594 sq.ft.	$119,000	Airbnb cash on cash: -3.78% Traditional cash on cash: 1.91% Airbnb Rental Income: $805 Traditional Rental Income: $1136 Airbnb ROI: -3.78% Traditional ROI: 1.91%
4991 N Crossover Dr Bellaire, MI Welcome to this beautiful 4-bedroom, 4-bathroom condominium on the prestigious Legend Golf...	3 beds \| 3 baths \| 1,819 sq.ft.	$579,900	Airbnb cash on cash: -1.63% Traditional cash on cash: 1.7% Airbnb Rental Income: $1749 Traditional Rental Income: $3074 Airbnb ROI: -1.63% Traditional ROI: 1.7%
2415 Troon South Bellaire, MI Welcome to your perfect four-season fully furnished getaway! This beautifully appointed 3-...	3 beds \| 2 baths \| 1,784 sq.ft.	$539,900	Airbnb cash on cash: -1.55% Traditional cash on cash: 0.18% Airbnb Rental Income: $1749 Traditional Rental Income: $2137 Airbnb ROI: -1.55% Traditional ROI: 0.18%
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: -0.34% Traditional cash on cash: 1.02% Airbnb Rental Income: $1320 Traditional Rental Income: $1857 Airbnb ROI: -0.34% Traditional ROI: 1.02%
4460 Stover Rd Bellaire, MI Remodeled ranch home with an attached garage near Bellaire. New floor coverings throughout...	2 beds \| 2 baths \| 1,208 sq.ft.	$389,000	Airbnb cash on cash: 0.99% Traditional cash on cash: 2.27% Airbnb Rental Income: $1320 Traditional Rental Income: $1379 Airbnb ROI: 0.99% Traditional ROI: 2.27%
2400 Troon Bellaire, MI Beautiful 2 BR, 2 BA penthouse condo in Cedar River Lodge, the crown jewel of Shanty Creek...	1 beds \| 1 baths \| 594 sq.ft.	$98,000	Airbnb cash on cash: -5.35% Traditional cash on cash: -0.86% Airbnb Rental Income: $805 Traditional Rental Income: $910 Airbnb ROI: -5.35% Traditional ROI: -0.86%
3055 White Tail Dr Bellaire, MI Welcome to 3055 White Tail Drive - a stunning 4-bedroom, 4-bathroom home nestled along the...	4 beds \| 3 baths \| 2,036 sq.ft.	$479,000	Airbnb cash on cash: 3.2% Traditional cash on cash: 6.3% Airbnb Rental Income: $2959 Traditional Rental Income: $3665 Airbnb ROI: 3.2% Traditional ROI: 6.3%
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.	$225,000	Airbnb cash on cash: -4.08% Traditional cash on cash: -0.39% Airbnb Rental Income: $1320 Traditional Rental Income: $1696 Airbnb ROI: -4.08% Traditional ROI: -0.39%
2100 W Schuss Mountain Dr Bellaire, MI Shanty Creek Resort - Schuss Village 2 bedroom, 2 bathroom condo.	2 beds \| 2 baths \| 992 sq.ft.	$289,900	Airbnb cash on cash: -0.68% Traditional cash on cash: 2.51% Airbnb Rental Income: $1320 Traditional Rental Income: $1782 Airbnb ROI: -0.68% Traditional ROI: 2.51%
4991 N Crossover Bellaire, MI This 4 bedroom 4 bath corner unit in Points West Condominium overlooks the Legend Golf Cou...	3 beds \| 3 baths \| 2,192 sq.ft.	$529,000	Airbnb cash on cash: -1.71% Traditional cash on cash: 0.95% Airbnb Rental Income: $1749 Traditional Rental Income: $2582 Airbnb ROI: -1.71% Traditional ROI: 0.95%
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: -3% Traditional cash on cash: 0.37% Airbnb Rental Income: $1320 Traditional Rental Income: $1707 Airbnb ROI: -3% Traditional ROI: 0.37%
5812 S East Torch Lake Dr Bellaire, MI Unique Opportunity - Charming 2 Bedroom 2 Bath spacious home with 6 unit motel. This love...	3 beds \| 3 baths \| 2,347 sq.ft.	$925,000	Airbnb cash on cash: -0.03% Traditional cash on cash: 0.3% Airbnb Rental Income: $1749 Traditional Rental Income: $1553 Airbnb ROI: -0.03% Traditional ROI: 0.3%
6994 Obervalden Dr 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: 0.63% Traditional cash on cash: 3.5% Airbnb Rental Income: $1749 Traditional Rental Income: $2764 Airbnb ROI: 0.63% Traditional ROI: 3.5%
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.	$229,500	Airbnb cash on cash: -0.9% Traditional cash on cash: 1.8% Airbnb Rental Income: $1320 Traditional Rental Income: $1497 Airbnb ROI: -0.9% Traditional ROI: 1.8%
6631 Wasservalden Strasse Bellaire, MI Move right in! Completely renovated top to bottom Chalet! Minutes to Schuss Mntn. Golf & ...	3 beds \| 2 baths \| 1,667 sq.ft.	$525,000	Airbnb cash on cash: 0.85% Traditional cash on cash: 2.19% Airbnb Rental Income: $1749 Traditional Rental Income: $1925 Airbnb ROI: 0.85% Traditional ROI: 2.19%
5875 Valleywood Drive Bellaire, MI Log Home on 1.5 acres (2 parcels). Cvered porch, open open floor plan, living room with va...	2 beds \| 2 baths \| 1,254 sq.ft.	$399,900	Airbnb cash on cash: 0.24% Traditional cash on cash: 3.19% Airbnb Rental Income: $1320 Traditional Rental Income: $2017 Airbnb ROI: 0.24% 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: -3.55% Traditional cash on cash: 3.3% Airbnb Rental Income: $805 Traditional Rental Income: $1335 Airbnb ROI: -3.55% Traditional ROI: 3.3%
4522 Clam Lake Dr Bellaire, MI Well maintained ranch on large corner lot features 3 bedrooms, 1.5 baths, wood stove in li...	3 beds \| 1 baths \| 1,100 sq.ft.	$297,000	Airbnb cash on cash: 1.68% Traditional cash on cash: 1.83% Airbnb Rental Income: $1749 Traditional Rental Income: $1310 Airbnb ROI: 1.68% Traditional ROI: 1.83%
503 N Bridge St Bellaire, MI Welcome to this beautifully renewed 1905 Victorian that blends timeless craftsmanship with...	5 beds \| 4 baths \| 4,764 sq.ft.	$849,900	Airbnb cash on cash: 2.59% Traditional cash on cash: 1.25% Airbnb Rental Income: $4142 Traditional Rental Income: $2204 Airbnb ROI: 2.59% Traditional ROI: 1.25%
2400 Troon S #4210 Bellaire, MI Base camp suite at Shanty Creek Resort in the Cedar River Hotel. This is far from your typ...	1 beds \| 1 baths \| 594 sq.ft.	$119,000	Airbnb cash on cash: -5.03% Traditional cash on cash: 4.06% Airbnb Rental Income: $805 Traditional Rental Income: $1526 Airbnb ROI: -5.03% Traditional ROI: 4.06%
655 S East Torch Lake Dr Bellaire, MI Have you ever wanted to live in a Tree House? Welcome to the Tradshus (Swedish for Tree H...	4 beds \| 3 baths \| 1,372 sq.ft.	$739,000	Airbnb cash on cash: 1.88% Traditional cash on cash: 1.85% Airbnb Rental Income: $2959 Traditional Rental Income: $2257 Airbnb ROI: 1.88% Traditional ROI: 1.85%
121 South St Bellaire, MI Are you ready to explore the lower Chain of Lakes right from your own property? This year ...	2 beds \| 2 baths \| 1,438 sq.ft.	$649,900	Airbnb cash on cash: -1.18% Traditional cash on cash: -0.05% Airbnb Rental Income: $1320 Traditional Rental Income: $1596 Airbnb ROI: -1.18% Traditional ROI: -0.05%
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: -0.85% Traditional cash on cash: 3.96% Airbnb Rental Income: $805 Traditional Rental Income: $1013 Airbnb ROI: -0.85% Traditional ROI: 3.96%
5821 Shanty Creek Rd Bellaire, MI Trappers Lodge 470 is a 3-bedroom condo at Shanty Creek Resort. End unit offers an open l...	2 beds \| 2 baths \| 1,150 sq.ft.	$289,900	Airbnb cash on cash: -1.04% Traditional cash on cash: 2.88% Airbnb Rental Income: $1320 Traditional Rental Income: $1981 Airbnb ROI: -1.04% Traditional ROI: 2.88%
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.	$219,000	Airbnb cash on cash: -1.19% Traditional cash on cash: 2.33% Airbnb Rental Income: $1320 Traditional Rental Income: $1640 Airbnb ROI: -1.19% Traditional ROI: 2.33%
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.	$225,000	Airbnb cash on cash: -4.08% Traditional cash on cash: 3.11% Airbnb Rental Income: $1320 Traditional Rental Income: $2442 Airbnb ROI: -4.08% Traditional ROI: 3.11%
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: 2.51% Traditional cash on cash: 6.73% Airbnb Rental Income: $1749 Traditional Rental Income: $2454 Airbnb ROI: 2.51% Traditional ROI: 6.73%
4643 N Crossover Dr #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: -3.61% Traditional cash on cash: 2.59% Airbnb Rental Income: $1320 Traditional Rental Income: $2373 Airbnb ROI: -3.61% 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.	$797,000	Airbnb cash on cash: 0.8% Traditional cash on cash: 1.83% Airbnb Rental Income: $2959 Traditional Rental Income: $3043 Airbnb ROI: 0.8% Traditional ROI: 1.83%
2658 Troon South Bellaire, MI Cedar River Village at its finest! Log & stone dÆ Â©cor gives this home a warm and Up Nor...	5 beds \| 4 baths \| 3,361 sq.ft.	$975,000	Airbnb cash on cash: 1.56% Traditional cash on cash: 3.38% Airbnb Rental Income: $4142 Traditional Rental Income: $4909 Airbnb ROI: 1.56% Traditional ROI: 3.38%
204 E Forest Home Ave Bellaire, MI Spectacular super spacious 3 bedroom & 3 bath 2800+ sq ft Cape Cod home located on double ...	3 beds \| 2 baths \| 2,889 sq.ft.	$475,000	Airbnb cash on cash: 1.54% Traditional cash on cash: 5.15% Airbnb Rental Income: $1749 Traditional Rental Income: $2871 Airbnb ROI: 1.54% Traditional ROI: 5.15%
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: -3.54% Traditional cash on cash: 3.82% Airbnb Rental Income: $805 Traditional Rental Income: $1360 Airbnb ROI: -3.54% Traditional ROI: 3.82%
4826 N Crossover Drive #721 Bellaire, MI Wake up to Lake Bellaire views and end each day with breathtaking Northern Michigan sunset...	1 beds \| 1 baths \| 535 sq.ft.	$164,900	Airbnb cash on cash: 0.68% Traditional cash on cash: 5.85% Airbnb Rental Income: $805 Traditional Rental Income: $1296 Airbnb ROI: 0.68% Traditional ROI: 5.85%

Real Estate investment in Bellaire, MI

There are 167 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 $117. In October 2026, the average monthly cash on cash return in Bellaire is 3.00%. The average monthly rental income in Bellaire is $1,500.

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

There are 167 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 $1,500.

Your search for investment property begins and ends here

Investment Property for Sale in Bellaire, MI

2400 Troon S #4002

Bellaire, MI

1 beds | 1 baths | 594 sq.ft.

$119,000

Airbnb cash on cash: -4.58%

Traditional cash on cash: 2.29%

Airbnb Rental Income: $805

Traditional Rental Income: $1270

Airbnb ROI: -4.58%

Traditional ROI: 2.29%

2400 Troon South

Bellaire, MI

1 beds | 1 baths | 594 sq.ft.

$119,000

Airbnb cash on cash: -3.78%

Traditional cash on cash: 1.91%

Airbnb Rental Income: $805

Traditional Rental Income: $1136

Airbnb ROI: -3.78%

Traditional ROI: 1.91%

4991 N Crossover Dr

Bellaire, MI

3 beds | 3 baths | 1,819 sq.ft.

$579,900

Airbnb cash on cash: -1.63%

Traditional cash on cash: 1.7%

Airbnb Rental Income: $1749

Traditional Rental Income: $3074

Airbnb ROI: -1.63%

Traditional ROI: 1.7%

2415 Troon South

Bellaire, MI

3 beds | 2 baths | 1,784 sq.ft.

$539,900

Airbnb cash on cash: -1.55%

Traditional cash on cash: 0.18%

Airbnb Rental Income: $1749

Traditional Rental Income: $2137

Airbnb ROI: -1.55%

Traditional ROI: 0.18%

7133 Crystal Springs Road

Bellaire, MI

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

$750,000

Airbnb cash on cash: -0.34%

Traditional cash on cash: 1.02%

Airbnb Rental Income: $1320

Traditional Rental Income: $1857

Airbnb ROI: -0.34%

Traditional ROI: 1.02%

4460 Stover Rd

Bellaire, MI

2 beds | 2 baths | 1,208 sq.ft.

$389,000

Airbnb cash on cash: 0.99%

Traditional cash on cash: 2.27%

Airbnb Rental Income: $1320

Traditional Rental Income: $1379

Airbnb ROI: 0.99%

Traditional ROI: 2.27%

2400 Troon

Bellaire, MI

1 beds | 1 baths | 594 sq.ft.

$98,000

Airbnb cash on cash: -5.35%

Traditional cash on cash: -0.86%

Airbnb Rental Income: $805

Traditional Rental Income: $910

Airbnb ROI: -5.35%

Traditional ROI: -0.86%

3055 White Tail Dr

Bellaire, MI

4 beds | 3 baths | 2,036 sq.ft.

$479,000

Airbnb cash on cash: 3.2%

Traditional cash on cash: 6.3%

Airbnb Rental Income: $2959

Traditional Rental Income: $3665

Airbnb ROI: 3.2%