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: 6.41% Traditional cash on cash: 8.38% Airbnb Rental Income: $3198 Traditional Rental Income: $3024 Airbnb ROI: 6.41% Traditional ROI: 8.38%
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: 2.58% Traditional cash on cash: 3.73% Airbnb Rental Income: $2474 Traditional Rental Income: $2316 Airbnb ROI: 2.58% Traditional ROI: 3.73%
8635 CLAM LAKE ROAD Bellaire, MI Is 2025 the year you begin lake life living? This exquisite home was reconstructed and des...	4 beds \| 2 baths \| 2,891 sq.ft.	$1,985,000	Airbnb cash on cash: 0.7% Traditional cash on cash: 0.35% Airbnb Rental Income: $4395 Traditional Rental Income: $2824 Airbnb ROI: 0.7% Traditional ROI: 0.35%
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: 7.99% Traditional cash on cash: 5.01% Airbnb Rental Income: $3198 Traditional Rental Income: $1801 Airbnb ROI: 7.99% 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: 0.48% Traditional cash on cash: 1.16% Airbnb Rental Income: $3198 Traditional Rental Income: $3171 Airbnb ROI: 0.48% Traditional ROI: 1.16%
6106 Eastwood Court Bellaire, MI Enjoy Northern Michigan living in this spacious Chalet style home in the Swiss Village of ...	3 beds \| 2 baths \| 1,420 sq.ft.	$349,900	Airbnb cash on cash: 4.96% Traditional cash on cash: 4.52% Airbnb Rental Income: $3198 Traditional Rental Income: $2334 Airbnb ROI: 4.96% 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: 7.37% Traditional cash on cash: 6.76% Airbnb Rental Income: $3198 Traditional Rental Income: $2313 Airbnb ROI: 7.37% 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.	$121,900	Airbnb cash on cash: 4.32% Traditional cash on cash: 8.87% Airbnb Rental Income: $1209 Traditional Rental Income: $1354 Airbnb ROI: 4.32% Traditional ROI: 8.87%
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.	$237,500	Airbnb cash on cash: 5.41% Traditional cash on cash: 5.93% Airbnb Rental Income: $2474 Traditional Rental Income: $1991 Airbnb ROI: 5.41% Traditional ROI: 5.93%
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: 4.23% Traditional cash on cash: 6.38% Airbnb Rental Income: $2474 Traditional Rental Income: $2442 Airbnb ROI: 4.23% 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: 4.7% Traditional cash on cash: 5.62% Airbnb Rental Income: $2474 Traditional Rental Income: $2122 Airbnb ROI: 4.7% 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: 3.35% Traditional cash on cash: 1.87% Airbnb Rental Income: $4395 Traditional Rental Income: $2648 Airbnb ROI: 3.35% Traditional ROI: 1.87%
4565 Stover Road Bellaire, MI Welcome to equestrian paradise! Nestled on 15 picturesque acres this unique horse farm off...	1 beds \| 1 baths \| 678 sq.ft.	$475,000	Airbnb cash on cash: -0.21% Traditional cash on cash: 0.92% Airbnb Rental Income: $1209 Traditional Rental Income: $1317 Airbnb ROI: -0.21% Traditional ROI: 0.92%
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: 1.13% Traditional cash on cash: 1.17% Airbnb Rental Income: $3198 Traditional Rental Income: $2506 Airbnb ROI: 1.13% Traditional ROI: 1.17%
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: 1.12% Traditional cash on cash: 1.21% Airbnb Rental Income: $3198 Traditional Rental Income: $2533 Airbnb ROI: 1.12% 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: 1.73% Traditional cash on cash: 1.42% Airbnb Rental Income: $3198 Traditional Rental Income: $2304 Airbnb ROI: 1.73% 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: 1.48% Traditional cash on cash: 1.96% Airbnb Rental Income: $2474 Traditional Rental Income: $2134 Airbnb ROI: 1.48% Traditional ROI: 1.96%
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.	$113,900	Airbnb cash on cash: 4.69% Traditional cash on cash: 9.55% Airbnb Rental Income: $1209 Traditional Rental Income: $1354 Airbnb ROI: 4.69% Traditional ROI: 9.55%
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: 5.89% Traditional cash on cash: 4.55% Airbnb Rental Income: $4395 Traditional Rental Income: $2935 Airbnb ROI: 5.89% Traditional ROI: 4.55%
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: 6.02% Traditional cash on cash: 2.96% Airbnb Rental Income: $3198 Traditional Rental Income: $1527 Airbnb ROI: 6.02% Traditional ROI: 2.96%
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: 9.54% Traditional cash on cash: 6.02% Airbnb Rental Income: $4395 Traditional Rental Income: $2400 Airbnb ROI: 9.54% 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: 6.23% Traditional cash on cash: 6.16% Airbnb Rental Income: $3198 Traditional Rental Income: $2454 Airbnb ROI: 6.23% 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: 5.54% Traditional cash on cash: 7.66% Airbnb Rental Income: $2474 Traditional Rental Income: $2373 Airbnb ROI: 5.54% Traditional ROI: 7.66%
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: 5.08% Traditional cash on cash: 7.38% Airbnb Rental Income: $2474 Traditional Rental Income: $2469 Airbnb ROI: 5.08% 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: 2.68% Traditional cash on cash: 1.54% Airbnb Rental Income: $5506 Traditional Rental Income: $3143 Airbnb ROI: 2.68% Traditional ROI: 1.54%
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: 5.34% Traditional cash on cash: 6.03% Airbnb Rental Income: $2474 Traditional Rental Income: $2029 Airbnb ROI: 5.34% Traditional ROI: 6.03%
8654 Clam Lake Road Bellaire, MI This tastefully updated ranch home offers one floor living, along with a finished lower le...	4 beds \| 2 baths \| 1,800 sq.ft.	$365,000	Airbnb cash on cash: 8.02% Traditional cash on cash: 4.84% Airbnb Rental Income: $4395 Traditional Rental Income: $2382 Airbnb ROI: 8.02% Traditional ROI: 4.84%
4991 N Crossover Drive #811 Bellaire, MI Wonderful views of Lake Bellaire are yours to enjoy from this updated condominium in the g...	3 beds \| 3 baths \| 1,850 sq.ft.	$490,000	Airbnb cash on cash: 3.52% Traditional cash on cash: 4.33% Airbnb Rental Income: $3198 Traditional Rental Income: $2847 Airbnb ROI: 3.52% Traditional ROI: 4.33%
7443 Honey Hollow Road Bellaire, MI 27 beautiful country acres along with an extremely well built Barndominium. Built in 2018 ...	2 beds \| 1 baths \| 880 sq.ft.	$344,000	Airbnb cash on cash: 2.99% Traditional cash on cash: 2.36% Airbnb Rental Income: $2474 Traditional Rental Income: $1670 Airbnb ROI: 2.99% Traditional ROI: 2.36%
410 E Cayuga Street Bellaire, MI Charming remodeled Bellaire village home with just a short distances to downtown. Comes co...	3 beds \| 1 baths \| 1,267 sq.ft.	$250,000	Airbnb cash on cash: 8.34% Traditional cash on cash: 4.61% Airbnb Rental Income: $3198 Traditional Rental Income: $1597 Airbnb ROI: 8.34% Traditional ROI: 4.61%
5381 Clearview Drive Bellaire, MI Schuss Mountain Skiing and Shanty Creek 5 Championship golf courses in your own back yard....	2 beds \| 2 baths \| 1,128 sq.ft.	$344,900	Airbnb cash on cash: 2.97% Traditional cash on cash: 3.19% Airbnb Rental Income: $2474 Traditional Rental Income: $1946 Airbnb ROI: 2.97% Traditional ROI: 3.19%
4882 Valley View Drive Bellaire, MI Stunning up scale home located in Shanty Creek Resorts at Summit Village. This 3320 square...	5 beds \| 4 baths \| 3,320 sq.ft.	$564,000	Airbnb cash on cash: 6.29% Traditional cash on cash: 5.26% Airbnb Rental Income: $5506 Traditional Rental Income: $3855 Airbnb ROI: 6.29% Traditional ROI: 5.26%
5712 Shanty Creek Road #687 Bellaire, MI Discover the perfect getaway retreat in this charming condo boasting a balcony. Complete w...	1 beds \| 1 baths \| 400 sq.ft.	$112,900	Airbnb cash on cash: 4.14% Traditional cash on cash: 9.42% Airbnb Rental Income: $1209 Traditional Rental Income: $1395 Airbnb ROI: 4.14% Traditional ROI: 9.42%
4673 N Crossover Drive #570 Bellaire, MI Condominium on Shanty Creek Resort, with it's world class golf and skiing, this 2 bedroom ...	2 beds \| 3 baths \| 1,300 sq.ft.	$259,900	Airbnb cash on cash: 4.73% Traditional cash on cash: 6.77% Airbnb Rental Income: $2474 Traditional Rental Income: $2373 Airbnb ROI: 4.73% Traditional ROI: 6.77%
2974 Alpenhaus Lane Bellaire, MI Custom-built cedar sided home on over 3 acres of mature hardwoods. Located in Schuss Mount...	3 beds \| 3 baths \| 2,080 sq.ft.	$435,000	Airbnb cash on cash: 3.87% Traditional cash on cash: 4.78% Airbnb Rental Income: $3198 Traditional Rental Income: $2848 Airbnb ROI: 3.87% Traditional ROI: 4.78%
3211 S Derenzy Road Bellaire, MI Well-built 3 bedroom/1.5 bathrooms ranch style home, located just outside the Village limi...	3 beds \| 2 baths \| 1,300 sq.ft.	$279,000	Airbnb cash on cash: 7.72% Traditional cash on cash: 5.73% Airbnb Rental Income: $3198 Traditional Rental Income: $1954 Airbnb ROI: 7.72% Traditional ROI: 5.73%
2320 TROON SOUTH 508 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: 6.34% Traditional cash on cash: 8.35% Airbnb Rental Income: $3198 Traditional Rental Income: $3035 Airbnb ROI: 6.34% Traditional ROI: 8.35%
2050 W Schuss Mountain Drive #304 Bellaire, MI Beautiful and furnished ground floor 2 bed, 2 bath condo with convenient and easy access. ...	2 beds \| 2 baths \| 931 sq.ft.	$279,000	Airbnb cash on cash: 5.03% Traditional cash on cash: 4.27% Airbnb Rental Income: $2474 Traditional Rental Income: $1673 Airbnb ROI: 5.03% Traditional ROI: 4.27%
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: 4.89% Traditional cash on cash: 9.18% Airbnb Rental Income: $1209 Traditional Rental Income: $1315 Airbnb ROI: 4.89% Traditional ROI: 9.18%
2400 Troon South #4010 Bellaire, MI Here is your opportunity to own a suite in The Lodge at Shanty Creek Resort. The Lodge is...	1 beds \| 1 baths \| 594 sq.ft.	$115,900	Airbnb cash on cash: 5.12% Traditional cash on cash: 9.55% Airbnb Rental Income: $1209 Traditional Rental Income: $1315 Airbnb ROI: 5.12% Traditional ROI: 9.55%

Real Estate investment in Bellaire, MI

There are 40 properties for sale in the city of Bellaire . The median list price in Bellaire is $324,900 and the average price per square foot is $204. In January 2025, the average monthly cash on cash return in Bellaire is 5.00%. The average monthly rental income in Bellaire is $2,316.

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

There are 40 investment properties available for sale in Bellaire.

In 2025, the best neighborhood to buy investment property is Bellaire.

The ROI for Short-Term is higher than the Long-Term in Bellaire with average rental income of $3,198.

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: 6.41%

Traditional cash on cash: 8.38%

Airbnb Rental Income: $3198

Traditional Rental Income: $3024

Airbnb ROI: 6.41%

Traditional ROI: 8.38%

3817 Shumaker Road

Bellaire, MI

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

$409,000

Airbnb cash on cash: 2.58%

Traditional cash on cash: 3.73%

Airbnb Rental Income: $2474

Traditional Rental Income: $2316

Airbnb ROI: 2.58%

Traditional ROI: 3.73%

8635 CLAM LAKE ROAD

Bellaire, MI

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

$1,985,000

Airbnb cash on cash: 0.7%

Traditional cash on cash: 0.35%

Airbnb Rental Income: $4395

Traditional Rental Income: $2824

Airbnb ROI: 0.7%

Traditional ROI: 0.35%

110 STATE STREET

Bellaire, MI

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

$239,900

Airbnb cash on cash: 7.99%

Traditional cash on cash: 5.01%

Airbnb Rental Income: $3198

Traditional Rental Income: $1801

Airbnb ROI: 7.99%

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: 0.48%

Traditional cash on cash: 1.16%

Airbnb Rental Income: $3198

Traditional Rental Income: $3171

Airbnb ROI: 0.48%

Traditional ROI: 1.16%

6106 Eastwood Court

Bellaire, MI

3 beds | 2 baths | 1,420 sq.ft.

$349,900

Airbnb cash on cash: 4.96%

Traditional cash on cash: 4.52%

Airbnb Rental Income: $3198

Traditional Rental Income: $2334

Airbnb ROI: 4.96%

Traditional ROI: 4.52%

2500 Josef Strasse #410-411

Bellaire, MI

3 beds | 2 baths | 1,680 sq.ft.

$284,000

Airbnb cash on cash: 7.37%

Traditional cash on cash: 6.76%

Airbnb Rental Income: $3198

Traditional Rental Income: $2313

Airbnb ROI: 7.37%

Traditional ROI: 6.76%

2400 Troon South #4008

Bellaire, MI

1 beds | 1 baths | 594 sq.ft.

$121,900

Airbnb cash on cash: 4.32%

Traditional cash on cash: 8.87%

Airbnb Rental Income: $1209

Traditional Rental Income: $1354

Airbnb ROI: 4.32%