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
2320 TROON SOUTH Bellaire, MI Golfside Condo in Cedar River Village at Shanty Creek Resorts. Enjoy 26 weeks per year (1...	3 beds \| 4 baths \| 2,217 sq.ft.	$294,500	Airbnb cash on cash: 6.64% Traditional cash on cash: 8.38% Airbnb Rental Income: $3275 Traditional Rental Income: $3024 Airbnb ROI: 6.64% Traditional ROI: 8.38%
2400 TROON SOUTH Bellaire, MI This one-bedroom suite is ideal for those looking for a place to drop their bags and explo...	1 beds \| 1 baths \| 594 sq.ft.	$124,900	Airbnb cash on cash: 5.01% Traditional cash on cash: 7.25% Airbnb Rental Income: $1267 Traditional Rental Income: $1136 Airbnb ROI: 5.01% Traditional ROI: 7.25%
3817 Shumaker Road Bellaire, MI Are you looking for your cabin in the woods? This just might be the place. This two bedroo...	2 beds \| 2 baths \| 1,790 sq.ft.	$409,000	Airbnb cash on cash: 2.36% Traditional cash on cash: 3.73% Airbnb Rental Income: $2376 Traditional Rental Income: $2316 Airbnb ROI: 2.36% Traditional ROI: 3.73%
6004 Spyglass Hill Court Bellaire, MI Amazing home, seeing is believing! Desirable First Floor Primary Suite in a wooded setting...	3 beds \| 3 baths \| 3,830 sq.ft.	$762,500	Airbnb cash on cash: 0.9% Traditional cash on cash: 0.66% Airbnb Rental Income: $3275 Traditional Rental Income: $2375 Airbnb ROI: 0.9% Traditional ROI: 0.66%
9059 Clam Lake Road #18 & 19 Bellaire, MI Come live your best lake life on Clam Lake! Enjoy sweeping water views from this double un...	2 beds \| 2 baths \| 877 sq.ft.	$424,900	Airbnb cash on cash: 3.06% Traditional cash on cash: 3.15% Airbnb Rental Income: $2376 Traditional Rental Income: $1827 Airbnb ROI: 3.06% Traditional ROI: 3.15%
8635 CLAM LAKE ROAD Bellaire, MI Experience lake front living in this exquisite home that was reconstructed and designed in...	4 beds \| 2 baths \| 2,891 sq.ft.	$2,150,000	Airbnb cash on cash: 0.33% Traditional cash on cash: 0.25% Airbnb Rental Income: $3798 Traditional Rental Income: $2824 Airbnb ROI: 0.33% Traditional ROI: 0.25%
110 STATE STREET Bellaire, MI Location, location, location! Charming 3 bedroom, 2 bath ranch home, located just a few bl...	3 beds \| 2 baths \| 1,216 sq.ft.	$239,900	Airbnb cash on cash: 8.27% Traditional cash on cash: 5.01% Airbnb Rental Income: $3275 Traditional Rental Income: $1801 Airbnb ROI: 8.27% Traditional ROI: 5.01%
6854 Gorham Beach Lane Bellaire, MI Newly renovated and expanded home with 155 feet of spectacular Intermediate Lake frontage....	3 beds \| 3 baths \| 2,362 sq.ft.	$1,100,000	Airbnb cash on cash: 0.54% Traditional cash on cash: 1.16% Airbnb Rental Income: $3275 Traditional Rental Income: $3171 Airbnb ROI: 0.54% Traditional ROI: 1.16%
5335 Golf View Road Bellaire, MI Shanty Creek home w/lots of character. 3 bedroom,3 1/2 bath on cul-de-sac w/view of the Su...	3 beds \| 3 baths \| 2,373 sq.ft.	$485,000	Airbnb cash on cash: 3.49% Traditional cash on cash: 4.64% Airbnb Rental Income: $3275 Traditional Rental Income: $3062 Airbnb ROI: 3.49% Traditional ROI: 4.64%
6106 Eastwood Court Bellaire, MI Nestled within the serene landscape of Swiss Village East in Bellaire, MI, this charming c...	3 beds \| 2 baths \| 1,420 sq.ft.	$349,900	Airbnb cash on cash: 5.15% Traditional cash on cash: 4.52% Airbnb Rental Income: $3275 Traditional Rental Income: $2334 Airbnb ROI: 5.15% Traditional ROI: 4.52%
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.	$284,000	Airbnb cash on cash: 7.61% Traditional cash on cash: 6.76% Airbnb Rental Income: $3275 Traditional Rental Income: $2313 Airbnb ROI: 7.61% Traditional ROI: 6.76%
2400 Troon South #4008 Bellaire, MI Updated 1 bedroom suite at The Lodge at Cedar River Village. This unit overlooks the 18th ...	1 beds \| 1 baths \| 594 sq.ft.	$149,900	Airbnb cash on cash: 3.7% Traditional cash on cash: 7.09% Airbnb Rental Income: $1267 Traditional Rental Income: $1354 Airbnb ROI: 3.7% Traditional ROI: 7.09%
4991 N Crossover Drive #818 Bellaire, MI If you like breathtaking Views of the Lake, Sunset, Country Side and Golf Course then you ...	3 beds \| 4 baths \| 3,028 sq.ft.	$629,900	Airbnb cash on cash: 2.72% Traditional cash on cash: 4.25% Airbnb Rental Income: $3275 Traditional Rental Income: $3439 Airbnb ROI: 2.72% Traditional ROI: 4.25%
5093 Spirit Drive #58 Bellaire, MI Fully furnished two bed two bath condo sitting on the second fairway of the Chief Golf cou...	2 beds \| 2 baths \| 1,166 sq.ft.	$261,900	Airbnb cash on cash: 5.03% Traditional cash on cash: 5.37% Airbnb Rental Income: $2376 Traditional Rental Income: $1874 Airbnb ROI: 5.03% Traditional ROI: 5.37%
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.	$244,000	Airbnb cash on cash: 4.85% Traditional cash on cash: 5.71% Airbnb Rental Income: $2376 Traditional Rental Income: $1991 Airbnb ROI: 4.85% Traditional ROI: 5.71%
5091 SPIRIT DRIVE Bellaire, MI Motivated Seller in this 2 bedroom, 2 bathroom condo overlooking the Chief Golf Course and...	2 beds \| 2 baths \| 1,168 sq.ft.	$253,000	Airbnb cash on cash: 5.24% Traditional cash on cash: 5.24% Airbnb Rental Income: $2376 Traditional Rental Income: $1792 Airbnb ROI: 5.24% Traditional ROI: 5.24%
9037 Lake Of The Woods Road Bellaire, MI Truly a once in a lifetime opportunity to steward a legacy property for the next generatio...	2 beds \| 1 baths \| 864 sq.ft.	$2,500,000	Airbnb cash on cash: -0.43% Traditional cash on cash: -0.48% Airbnb Rental Income: $2376 Traditional Rental Income: $1672 Airbnb ROI: -0.43% Traditional ROI: -0.48%
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.	$279,900	Airbnb cash on cash: 3.92% Traditional cash on cash: 6.38% Airbnb Rental Income: $2376 Traditional Rental Income: $2442 Airbnb ROI: 3.92% Traditional ROI: 6.38%
2606 Hawks Eye Drive #6 Bellaire, MI Enjoy lovely views of championship Hawks Eye Golf course from this inviting and move-in re...	2 beds \| 2 baths \| 1,300 sq.ft.	$288,500	Airbnb cash on cash: 4.4% Traditional cash on cash: 5.62% Airbnb Rental Income: $2376 Traditional Rental Income: $2122 Airbnb ROI: 4.4% Traditional ROI: 5.62%
5328 Golfview Road Bellaire, MI MANSO A-FRAME MID-CENTURY MOD CHALET living at its best! Newly remodeled (Aug-Oct 2024) i...	4 beds \| 3 baths \| 3,350 sq.ft.	$595,000	Airbnb cash on cash: 2.46% Traditional cash on cash: 1.87% Airbnb Rental Income: $3798 Traditional Rental Income: $2648 Airbnb ROI: 2.46% Traditional ROI: 1.87%
6256 Shanty Creek Road Bellaire, MI Mountain modern design meets energy efficiency in a gorgeous, Northern Michigan hardwood f...	3 beds \| 3 baths \| 1,390 sq.ft.	$699,000	Airbnb cash on cash: 1.23% Traditional cash on cash: 1.17% Airbnb Rental Income: $3275 Traditional Rental Income: $2506 Airbnb ROI: 1.23% Traditional ROI: 1.17%
4826 N CROSSOVER DRIVE Bellaire, MI Studio condo with full kitchen and Lake Bellaire views. Located in Snowshoe, a well manage...	1 beds \| 1 baths \| 535 sq.ft.	$181,500	Airbnb cash on cash: 2.97% Traditional cash on cash: 5.86% Airbnb Rental Income: $1267 Traditional Rental Income: $1365 Airbnb ROI: 2.97% Traditional ROI: 5.86%
2080 Walleye Lane Bellaire, MI This beautiful 3-bedroom, 2-bath home on Intermediate Lake offers 1,564 sq ft of spacious ...	3 beds \| 2 baths \| 1,564 sq.ft.	$700,000	Airbnb cash on cash: 1.22% Traditional cash on cash: 1.21% Airbnb Rental Income: $3275 Traditional Rental Income: $2533 Airbnb ROI: 1.22% Traditional ROI: 1.21%
402 S DIVISION Bellaire, MI Calling all developers and entrepreneurs - there are numerous possibilities for this 12-ac...	3 beds \| 2 baths \| 1,700 sq.ft.	$599,000	Airbnb cash on cash: 1.85% Traditional cash on cash: 1.42% Airbnb Rental Income: $3275 Traditional Rental Income: $2304 Airbnb ROI: 1.85% Traditional ROI: 1.42%
171 S Genessee Street Bellaire, MI Turn-key waterfront opportunity! 100â frontage on Intermediate River with direct access ...	2 beds \| 2 baths \| 1,176 sq.ft.	$574,000	Airbnb cash on cash: 1.32% Traditional cash on cash: 1.96% Airbnb Rental Income: $2376 Traditional Rental Income: $2134 Airbnb ROI: 1.32% Traditional ROI: 1.96%
2400 Troon South #4230 Bellaire, MI Immaculate updated one bedroom condo unit located in popular Cedar River Resort Lodge/Shan...	1 beds \| 1 baths \| 594 sq.ft.	$114,900	Airbnb cash on cash: 4.47% Traditional cash on cash: 8.86% Airbnb Rental Income: $1267 Traditional Rental Income: $1354 Airbnb ROI: 4.47% Traditional ROI: 8.86%
123 S Bridge Bellaire, MI One of a kind classic 4 bedroom, 2 1/2 bath, 4400 sq ft home located in quiet Bellaire Vil...	4 beds \| 3 baths \| 4,440 sq.ft.	$429,000	Airbnb cash on cash: 4.65% Traditional cash on cash: 4.55% Airbnb Rental Income: $3798 Traditional Rental Income: $2935 Airbnb ROI: 4.65% Traditional ROI: 4.55%
5712 Shanty Creek Road #694 Bellaire, MI Perfect year around cozy low maintenance get away; Unique find #694 Windcliff - Upper floo...	1 beds \| 1 baths \| 400 sq.ft.	$93,900	Airbnb cash on cash: 3.54% Traditional cash on cash: 4.16% Airbnb Rental Income: $1267 Traditional Rental Income: $924 Airbnb ROI: 3.54% Traditional ROI: 4.16%
105 E ANTRIM STREET Bellaire, MI Welcome to your ideal home in the charming village of Bellaire! This beautifully remodeled...	3 beds \| 1 baths \| 1,170 sq.ft.	$330,000	Airbnb cash on cash: 6.23% Traditional cash on cash: 2.96% Airbnb Rental Income: $3275 Traditional Rental Income: $1527 Airbnb ROI: 6.23% Traditional ROI: 2.96%
5969 FOUNDERS RIDGE Bellaire, MI A phenomenal view of Lake Bellaire AND The Legend Golf Course from this 4 bedroom 3 bath h...	4 beds \| 3 baths \| 2,095 sq.ft.	$550,000	Airbnb cash on cash: 4.1% Traditional cash on cash: 3.68% Airbnb Rental Income: $3798 Traditional Rental Income: $2761 Airbnb ROI: 4.1% Traditional ROI: 3.68%
410 Park Street Bellaire, MI Welcome Home! This cozy 4-bedroom 2 bath home is ready for you and yours to move in and fi...	4 beds \| 2 baths \| 1,920 sq.ft.	$324,900	Airbnb cash on cash: 7.91% Traditional cash on cash: 6.02% Airbnb Rental Income: $3798 Traditional Rental Income: $2400 Airbnb ROI: 7.91% Traditional ROI: 6.02%
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.	$325,000	Airbnb cash on cash: 6.44% Traditional cash on cash: 6.16% Airbnb Rental Income: $3275 Traditional Rental Income: $2454 Airbnb ROI: 6.44% Traditional ROI: 6.16%
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: 5.2% Traditional cash on cash: 7.66% Airbnb Rental Income: $2376 Traditional Rental Income: $2373 Airbnb ROI: 5.2% Traditional ROI: 7.66%
6775 Hansel Strause W Bellaire, MI Enjoy 4 seasons at Schuss Mountain! This updated raised ranch enjoys a quiet cul-de-sac l...	3 beds \| 3 baths \| 2,169 sq.ft.	$360,000	Airbnb cash on cash: 5.69% Traditional cash on cash: 6.1% Airbnb Rental Income: $3275 Traditional Rental Income: $2676 Airbnb ROI: 5.69% Traditional ROI: 6.1%
5830 Shanty Creek Road #754 Bellaire, MI Whether you are looking for an Up North getaway with ease of ownership, or you want an inv...	2 beds \| 3 baths \| 1,300 sq.ft.	$275,000	Airbnb cash on cash: 4.77% Traditional cash on cash: 7.38% Airbnb Rental Income: $2376 Traditional Rental Income: $2469 Airbnb ROI: 4.77% Traditional ROI: 7.38%
9115 Steiner Road Bellaire, MI 20 ACRE HOBBY FARM - Just a stone's throw to Torch Lake! A modern Victorian farm house w/5...	5 beds \| 3 baths \| 2,192 sq.ft.	$1,180,000	Airbnb cash on cash: 3.27% Traditional cash on cash: 1.54% Airbnb Rental Income: $6283 Traditional Rental Income: $3143 Airbnb ROI: 3.27% Traditional ROI: 1.54%
4826 N Crossover Drive #707 Bellaire, MI SPACIOUS ONE BEDROOM condo with sunset views of Lake Bellaire and The Legend Golf Course f...	1 beds \| 1 baths \| 650 sq.ft.	$224,900	Airbnb cash on cash: 1.12% Traditional cash on cash: 4.06% Airbnb Rental Income: $1267 Traditional Rental Income: $1493 Airbnb ROI: 1.12% Traditional ROI: 4.06%
4362 EAGLES NEST DRIVE Bellaire, MI Harness the natural light in this 3 bedroom resort home located in a gated community at Sh...	3 beds \| 2 baths \| 1,650 sq.ft.	$469,000	Airbnb cash on cash: 3.05% Traditional cash on cash: 2.35% Airbnb Rental Income: $3275 Traditional Rental Income: $2234 Airbnb ROI: 3.05% Traditional ROI: 2.35%
5304 RIDGEWOOD COURT Bellaire, MI Magnificent, breathtaking, spectacular - take your pick -this Up North Retreat has it all!...	5 beds \| 6 baths \| 2,750 sq.ft.	$1,299,000	Airbnb cash on cash: 1.57% Traditional cash on cash: 2.26% Airbnb Rental Income: $6283 Traditional Rental Income: $5877 Airbnb ROI: 1.57% Traditional ROI: 2.26%
6493 Deer Path #103 Bellaire, MI The tranquil trickling of a flowing trout stream nestled in pine and hardwood trees just o...	2 beds \| 2 baths \| 1,007 sq.ft.	$239,500	Airbnb cash on cash: 4.98% Traditional cash on cash: 6.03% Airbnb Rental Income: $2376 Traditional Rental Income: $2029 Airbnb ROI: 4.98% Traditional ROI: 6.03%

Real Estate investment in Bellaire, MI

There are 53 properties for sale in the city of Bellaire . The median list price in Bellaire is $351,950 and the average price per square foot is $210. In November 2024, the average monthly cash on cash return in Bellaire is 5.00%. The average monthly rental income in Bellaire is $2,315.

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

There are 53 investment properties available for sale in Bellaire.

In 2024, 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 $2,315.

Your search for investment property begins and ends here

Investment Property for Sale in Bellaire, MI

2320 TROON SOUTH

Bellaire, MI

3 beds | 4 baths | 2,217 sq.ft.

$294,500

Airbnb cash on cash: 6.64%

Traditional cash on cash: 8.38%

Airbnb Rental Income: $3275

Traditional Rental Income: $3024

Airbnb ROI: 6.64%

Traditional ROI: 8.38%

2400 TROON SOUTH

Bellaire, MI

1 beds | 1 baths | 594 sq.ft.

$124,900

Airbnb cash on cash: 5.01%

Traditional cash on cash: 7.25%

Airbnb Rental Income: $1267

Traditional Rental Income: $1136

Airbnb ROI: 5.01%

Traditional ROI: 7.25%

3817 Shumaker Road

Bellaire, MI

2 beds | 2 baths | 1,790 sq.ft.

$409,000

Airbnb cash on cash: 2.36%

Traditional cash on cash: 3.73%

Airbnb Rental Income: $2376

Traditional Rental Income: $2316

Airbnb ROI: 2.36%

Traditional ROI: 3.73%

6004 Spyglass Hill Court

Bellaire, MI

3 beds | 3 baths | 3,830 sq.ft.

$762,500

Airbnb cash on cash: 0.9%

Traditional cash on cash: 0.66%

Airbnb Rental Income: $3275

Traditional Rental Income: $2375

Airbnb ROI: 0.9%

Traditional ROI: 0.66%

9059 Clam Lake Road #18 & 19

Bellaire, MI

2 beds | 2 baths | 877 sq.ft.

$424,900

Airbnb cash on cash: 3.06%

Traditional cash on cash: 3.15%

Airbnb Rental Income: $2376

Traditional Rental Income: $1827

Airbnb ROI: 3.06%

Traditional ROI: 3.15%

8635 CLAM LAKE ROAD

Bellaire, MI

4 beds | 2 baths | 2,891 sq.ft.

$2,150,000

Airbnb cash on cash: 0.33%

Traditional cash on cash: 0.25%

Airbnb Rental Income: $3798

Traditional Rental Income: $2824

Airbnb ROI: 0.33%

Traditional ROI: 0.25%

110 STATE STREET

Bellaire, MI

3 beds | 2 baths | 1,216 sq.ft.

$239,900

Airbnb cash on cash: 8.27%

Traditional cash on cash: 5.01%

Airbnb Rental Income: $3275

Traditional Rental Income: $1801

Airbnb ROI: 8.27%

Traditional ROI: 5.01%

6854 Gorham Beach Lane

Bellaire, MI

3 beds | 3 baths | 2,362 sq.ft.

$1,100,000

Airbnb cash on cash: 0.54%

Traditional cash on cash: 1.16%

Airbnb Rental Income: $3275

Traditional Rental Income: $3171

Airbnb ROI: 0.54%