Real Estate Investment Properties for Sale in Indiana

Looking for investment property in Indiana with high ROI ?

Explore a variety of short-term homes & houses in Indiana. Invest wisely with VRBO & Indiana 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 Indiana

Q: Which city in Indiana to invest in for highest ROI on long term rental properties in 2024

In 2024, Evansvilleis the best city to buy investment properties. Find more investment properties today!

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1702 Sunnyslope Drive Crown Point, IN Lakefront Luxury at Its Finest!Discover the ultimate lakefront lifestyle with this fully u...	3 beds \| 2 baths \| 2,120 sq.ft.	$540,000	Airbnb cash on cash: 2.08% Traditional cash on cash: 3.45% Airbnb Rental Income: $2704 Traditional Rental Income: $2756 Airbnb ROI: 2.08% Traditional ROI: 3.45%
605 S Ryle Drive Greensburg, IN Discover this updated gem featuring 3 bedrooms and 1.5 baths, located in desirable Ryle Ad...	3 beds \| 2 baths \| 1,372 sq.ft.	$249,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.07% Airbnb Rental Income: $null Traditional Rental Income: $1861 Airbnb ROI: N/A Traditional ROI: 6.07%
665 E 9th Street Indianapolis, IN Terrific opportunity in ideal location! Two minute walk from BOTH Mass Ave and Bottle Wor...	3 beds \| 4 baths \| 2,973 sq.ft.	$650,000	Airbnb cash on cash: 0.72% Traditional cash on cash: 2.85% Airbnb Rental Income: $2204 Traditional Rental Income: $2937 Airbnb ROI: 0.72% Traditional ROI: 2.85%
3738 Ruckle Street Indianapolis, IN Check out this 3 bedroom 1 1/2 bath home with an all new kitchen including stainless steel...	3 beds \| 2 baths \| 2,588 sq.ft.	$320,000	Airbnb cash on cash: 3.93% Traditional cash on cash: 5.12% Airbnb Rental Income: $2424 Traditional Rental Income: $2190 Airbnb ROI: 3.93% Traditional ROI: 5.12%
9063 Dewberry Court Indianapolis, IN Escape from the ordinary in this unique multi-level 4bed/2.5bath home located in the heart...	4 beds \| 3 baths \| 3,490 sq.ft.	$497,000	Airbnb cash on cash: 2.63% Traditional cash on cash: 4.14% Airbnb Rental Income: $2930 Traditional Rental Income: $2955 Airbnb ROI: 2.63% Traditional ROI: 4.14%
1644 Fletcher Avenue Indianapolis, IN Welcome to this stunning gem in the heart of Fountain Square! Immerse yourself in the vibr...	3 beds \| 3 baths \| 1,896 sq.ft.	$325,000	Airbnb cash on cash: 4.54% Traditional cash on cash: 5.37% Airbnb Rental Income: $2557 Traditional Rental Income: $2194 Airbnb ROI: 4.54% Traditional ROI: 5.37%
802 N Tuxedo Street Indianapolis, IN Welcome to this beautifully remodeled 3-bedroom, 2-bath home just minutes from downtown In...	3 beds \| 2 baths \| 1,063 sq.ft.	$230,000	Airbnb cash on cash: 1.61% Traditional cash on cash: 4.69% Airbnb Rental Income: $1240 Traditional Rental Income: $1514 Airbnb ROI: 1.61% Traditional ROI: 4.69%
9276 E Parke Place Rockville, IN Turn-Key 4 Bedroom, 2 Full Bath, Walk-out Basement, Amish Built, locally harvested Timber ...	4 beds \| 2 baths \| 2,408 sq.ft.	$430,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.34% Airbnb Rental Income: $null Traditional Rental Income: $2398 Airbnb ROI: N/A Traditional ROI: 4.34%
1121 N Parker Avenue Indianapolis, IN This home seamlessly blends timeless charm and character with modern updates and convenien...	4 beds \| 3 baths \| 2,342 sq.ft.	$299,000	Airbnb cash on cash: 1.26% Traditional cash on cash: 7.49% Airbnb Rental Income: $1386 Traditional Rental Income: $2721 Airbnb ROI: 1.26% Traditional ROI: 7.49%
503 Lockerbie Circle N Indianapolis, IN Lockerbie Glove Townhouse! Aha! You have found the perfect (yet elusive!) Downtown hom...	2 beds \| 3 baths \| 1,875 sq.ft.	$465,000	Airbnb cash on cash: 0.41% Traditional cash on cash: 2.5% Airbnb Rental Income: $1859 Traditional Rental Income: $2273 Airbnb ROI: 0.41% Traditional ROI: 2.5%
938 N Alabama Street Indianapolis, IN Beautiful 3 Bedroom 3.5 Bath Historical Home. Located in St. Joseph district. Totally ren...	3 beds \| 4 baths \| 2,628 sq.ft.	$499,990	Airbnb cash on cash: 1.48% Traditional cash on cash: 4.26% Airbnb Rental Income: $2204 Traditional Rental Income: $2948 Airbnb ROI: 1.48% Traditional ROI: 4.26%
2919 E New York Street Indianapolis, IN Great opportunity to purchase a property surrounded by development and growth. There are f...	4 beds \| 1 baths \| 1,236 sq.ft.	$144,000	Airbnb cash on cash: 4.78% Traditional cash on cash: 9.34% Airbnb Rental Income: $1386 Traditional Rental Income: $1595 Airbnb ROI: 4.78% Traditional ROI: 9.34%
1902 Woodlawn Avenue Indianapolis, IN Step into this beautifully and full of character gem in Fountain Square. Lovingly preserve...	4 beds \| 2 baths \| 2,016 sq.ft.	$365,000	Airbnb cash on cash: 4.08% Traditional cash on cash: 4.42% Airbnb Rental Income: $2775 Traditional Rental Income: $2241 Airbnb ROI: 4.08% Traditional ROI: 4.42%
1236 Cheshire Drive Indianapolis, IN Welcome home to this recently remodeled bi-level, featuring 3 bedrooms and 2 full baths. L...	3 beds \| 2 baths \| 1,404 sq.ft.	$199,900	Airbnb cash on cash: 8.92% Traditional cash on cash: 8.06% Airbnb Rental Income: $2663 Traditional Rental Income: $1867 Airbnb ROI: 8.92% Traditional ROI: 8.06%
3623 W 56th Street Indianapolis, IN Welcome to your dream home at 3623 West 56th Street in the heart of Indianapolis! This bea...	3 beds \| 2 baths \| 1,622 sq.ft.	$325,000	Airbnb cash on cash: 6.68% Traditional cash on cash: 4.76% Airbnb Rental Income: $3363 Traditional Rental Income: $2027 Airbnb ROI: 6.68% Traditional ROI: 4.76%
602 Parkway Avenue Indianapolis, IN Imagine enjoying morning coffee on your back deck or experience cooking in your New Kitche...	3 beds \| 2 baths \| 2,320 sq.ft.	$299,000	Airbnb cash on cash: 6.32% Traditional cash on cash: 6.06% Airbnb Rental Income: $2847 Traditional Rental Income: $2110 Airbnb ROI: 6.32% Traditional ROI: 6.06%
1332 Cliff Ridge Court Indianapolis, IN Welcome to this updated 3-bedroom, 2-bathroom home in the Perry Township area of Indianapo...	3 beds \| 2 baths \| 1,209 sq.ft.	$215,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.65% Airbnb Rental Income: $null Traditional Rental Income: $2051 Airbnb ROI: N/A Traditional ROI: 7.65%
5017 Tyrone Road Fort Wayne, IN Welcome home! This charming 3-bedroom, 1-bath residence features a thoughtful split-bedroo...	3 beds \| 1 baths \| 1,389 sq.ft.	$125,000	Airbnb cash on cash: 8.57% Traditional cash on cash: 10.12% Airbnb Rental Income: $1833 Traditional Rental Income: $1525 Airbnb ROI: 8.57% Traditional ROI: 10.12%
3442 N Valleyview Drive Bloomington, IN This ranch over full basement has been a great investment property for years, but could be...	3 beds \| 2 baths \| 884 sq.ft.	$235,000	Airbnb cash on cash: 4.33% Traditional cash on cash: 3.98% Airbnb Rental Income: $2177 Traditional Rental Income: $1548 Airbnb ROI: 4.33% Traditional ROI: 3.98%
1431 E Pleasant Run Parkway South Drive Indianapolis, IN Welcome to This Fully Remodeled 3-Bed, 1-Bath Gem Near Fountain Square! Waterproof Luxury ...	3 beds \| 1 baths \| 925 sq.ft.	$200,000	Airbnb cash on cash: 8.58% Traditional cash on cash: 5.38% Airbnb Rental Income: $2557 Traditional Rental Income: $1335 Airbnb ROI: 8.58% Traditional ROI: 5.38%
110 S 4th Street Decatur, IN "Historic charm meets ultra-modern convenience in this spacious delightful abode! Step int...	5 beds \| 2 baths \| 2,600 sq.ft.	$229,900	Airbnb cash on cash: N/A Traditional cash on cash: 10.69% Airbnb Rental Income: $null Traditional Rental Income: $2767 Airbnb ROI: N/A Traditional ROI: 10.69%
511 Alexander Place Garrett, IN Contingent first right 48 hr contingency still showing and can accept an offer. Welcome to...	5 beds \| 4 baths \| 2,700 sq.ft.	$364,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.54% Airbnb Rental Income: $null Traditional Rental Income: $3340 Airbnb ROI: N/A Traditional ROI: 7.54%
708 S Main Street Kendallville, IN Reduced price! Immediate possession! Check out this 2-story home in town with 5 bedrooms a...	5 beds \| 2 baths \| 2,273 sq.ft.	$199,900	Airbnb cash on cash: N/A Traditional cash on cash: 11.39% Airbnb Rental Income: $null Traditional Rental Income: $2642 Airbnb ROI: N/A Traditional ROI: 11.39%
39 EMS B60 Lane Warsaw, IN Turnkey year round cottage with deeded access to the Barbee Chain on Sechrist lake. This l...	1 beds \| 1 baths \| 636 sq.ft.	$179,900	Airbnb cash on cash: N/A Traditional cash on cash: 4% Airbnb Rental Income: $null Traditional Rental Income: $1022 Airbnb ROI: N/A Traditional ROI: 4%
71 Fillmore Way Westfield, IN Awesome location! In Grand Park's backyard, shopping, dining, entertainment, and best scho...	4 beds \| 3 baths \| 2,075 sq.ft.	$360,000	Airbnb cash on cash: 6.41% Traditional cash on cash: 5.09% Airbnb Rental Income: $3729 Traditional Rental Income: $2471 Airbnb ROI: 6.41% Traditional ROI: 5.09%
900 Park Street La Porte, IN Nestled on the shores of Lower Lake, this delightful home offers over half an acre that is...	2 beds \| 1 baths \| 765 sq.ft.	$179,000	Airbnb cash on cash: 3.57% Traditional cash on cash: 6.5% Airbnb Rental Income: $1389 Traditional Rental Income: $1468 Airbnb ROI: 3.57% Traditional ROI: 6.5%
6579 Clay Road Martinsville, IN Welcome to your country retreat on 5 acres! This 4 bedroom custom brick 2 story sits far a...	4 beds \| 3 baths \| 2,629 sq.ft.	$475,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.72% Airbnb Rental Income: $null Traditional Rental Income: $2262 Airbnb ROI: N/A Traditional ROI: 3.72%
2902 Fox Court E Martinsville, IN Welcome to your dream home in the prestigious Foxcliff South Neighborhood! This stunning 5...	5 beds \| 4 baths \| 3,366 sq.ft.	$475,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.87% Airbnb Rental Income: $null Traditional Rental Income: $3786 Airbnb ROI: N/A Traditional ROI: 6.87%
1100 E 26th Street Muncie, IN 2 LOTS.......All brick, ranch style, 2 bedroom, 1.5 bath house on a .88 acre corner lot. ...	2 beds \| 2 baths \| 1,325 sq.ft.	$139,900	Airbnb cash on cash: 8.39% Traditional cash on cash: 10.3% Airbnb Rental Income: $1934 Traditional Rental Income: $1678 Airbnb ROI: 8.39% Traditional ROI: 10.3%
357 Indigo Street Lafayette, IN Seated towards the back of Butler Meadows, you'll find this stunning 4 bed 3 full bath hom...	4 beds \| 3 baths \| 2,051 sq.ft.	$365,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.69% Airbnb Rental Income: $null Traditional Rental Income: $2614 Airbnb ROI: N/A Traditional ROI: 5.69%
4640 Harrison Ridge Road Columbus, IN Beautiful, 4-bedroom, 4-bathroom home located in the Harrison Ridge neighborhood of Tipton...	4 beds \| 4 baths \| 4,341 sq.ft.	$645,000	Airbnb cash on cash: 1.68% Traditional cash on cash: 4.13% Airbnb Rental Income: $2690 Traditional Rental Income: $3526 Airbnb ROI: 1.68% Traditional ROI: 4.13%
2031 Ohio Avenue Columbus, IN This three bedroom home has historic charm and character. Featuring custom built-ins, ori...	3 beds \| 1 baths \| 1,384 sq.ft.	$219,000	Airbnb cash on cash: 6.2% Traditional cash on cash: 5.49% Airbnb Rental Income: $2182 Traditional Rental Income: $1482 Airbnb ROI: 6.2% Traditional ROI: 5.49%
962 Westview Point Drive Columbus, IN Tipton Lakes - Westlake Hills! This beautifully designed home combines crisp, modern aesth...	4 beds \| 6 baths \| 5,000 sq.ft.	$699,950	Airbnb cash on cash: 0.23% Traditional cash on cash: 5.98% Airbnb Rental Income: $2690 Traditional Rental Income: $5809 Airbnb ROI: 0.23% Traditional ROI: 5.98%
1433 Cherry Tree Road Avon, IN Sprawling 4 bedroom 3.5 bath home with Primary Bedroom on the main level. You will love th...	4 beds \| 4 baths \| 6,118 sq.ft.	$867,000	Airbnb cash on cash: 0.65% Traditional cash on cash: 2.97% Airbnb Rental Income: $2584 Traditional Rental Income: $3835 Airbnb ROI: 0.65% Traditional ROI: 2.97%
3610 E 300 N Fremont, IN Come fall in love with the house on the hill! This unusual and very custom built 2 story C...	2 beds \| 2 baths \| 3,068 sq.ft.	$449,000	Airbnb cash on cash: 0.79% Traditional cash on cash: 4.38% Airbnb Rental Income: $1363 Traditional Rental Income: $2454 Airbnb ROI: 0.79% Traditional ROI: 4.38%
9397 N Bradley Lane Brazil, IN Welcome to your cozy, charming haven! This recently listed house promises serene living an...	2 beds \| 2 baths \| 1,310 sq.ft.	$215,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.8% Airbnb Rental Income: $null Traditional Rental Income: $1917 Airbnb ROI: N/A Traditional ROI: 7.8%
390 Lovers Lane Spencer, IN Welcome to this charming 2-bedroom, 1-bath bungalow nestled in a peaceful town setting clo...	2 beds \| 1 baths \| 838 sq.ft.	$199,900	Airbnb cash on cash: 5.27% Traditional cash on cash: 6.05% Airbnb Rental Income: $1908 Traditional Rental Income: $1548 Airbnb ROI: 5.27% Traditional ROI: 6.05%
5075 E Bay Front Court Monticello, IN Charming 2-Bedroom Cottage Just One Block from Lake Shafer â Perfect for Lakeside Living...	2 beds \| 2 baths \| 1,512 sq.ft.	$360,000	Airbnb cash on cash: 7.87% Traditional cash on cash: 4.44% Airbnb Rental Income: $4025 Traditional Rental Income: $2005 Airbnb ROI: 7.87% Traditional ROI: 4.44%
7308 Heritage Drive Mount Vernon, IN Looking for space in Posey County!? Here it is! This two story brick home has 4 bed, 3 ful...	4 beds \| 3 baths \| 2,880 sq.ft.	$389,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.51% Airbnb Rental Income: $null Traditional Rental Income: $2671 Airbnb ROI: N/A Traditional ROI: 5.51%
6000 Stonecrest Drive Bedford, IN Embracing the charm of Southern architecture, this estate boasts a grand design overlookin...	5 beds \| 6 baths \| 7,421 sq.ft.	$3,800,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.08% Airbnb Rental Income: $null Traditional Rental Income: $5756 Airbnb ROI: N/A Traditional ROI: 0.08%

Real Estate investment in Indiana

There are 9,203 properties available for sale in the state of Indiana. Evansville, Indianapolis and Bloomington are the best rental property markets in Indiana. The average median price of properties for sale in these cities are $268,300 and the average price per square foot is $0. Their average monthly cash on cash return is 5.67%.

Indiana Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 9,203 investment properties available for sale in Indiana.

In 2024, Evansville is the best city to buy investment properties. Find more investment properties today!

In 2024, Evansville (7%) and Indianapolis (6%) has the highest cash on cash return for long term rentals in Indiana.

Your search for investment property begins and ends here

Investment Property for Sale in Indiana

1702 Sunnyslope Drive

Crown Point, IN

3 beds | 2 baths | 2,120 sq.ft.

$540,000

Airbnb cash on cash: 2.08%

Traditional cash on cash: 3.45%

Airbnb Rental Income: $2704

Traditional Rental Income: $2756

Airbnb ROI: 2.08%

Traditional ROI: 3.45%

605 S Ryle Drive

Greensburg, IN

3 beds | 2 baths | 1,372 sq.ft.

$249,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.07%

Airbnb Rental Income: $null

Traditional Rental Income: $1861

Airbnb ROI: N/A

Traditional ROI: 6.07%

665 E 9th Street

Indianapolis, IN

3 beds | 4 baths | 2,973 sq.ft.

$650,000

Airbnb cash on cash: 0.72%

Traditional cash on cash: 2.85%

Airbnb Rental Income: $2204

Traditional Rental Income: $2937

Airbnb ROI: 0.72%

Traditional ROI: 2.85%

3738 Ruckle Street

Indianapolis, IN

3 beds | 2 baths | 2,588 sq.ft.

$320,000

Airbnb cash on cash: 3.93%

Traditional cash on cash: 5.12%

Airbnb Rental Income: $2424

Traditional Rental Income: $2190

Airbnb ROI: 3.93%

Traditional ROI: 5.12%

9063 Dewberry Court

Indianapolis, IN

4 beds | 3 baths | 3,490 sq.ft.

$497,000

Airbnb cash on cash: 2.63%

Traditional cash on cash: 4.14%

Airbnb Rental Income: $2930

Traditional Rental Income: $2955

Airbnb ROI: 2.63%

Traditional ROI: 4.14%

1644 Fletcher Avenue

Indianapolis, IN

3 beds | 3 baths | 1,896 sq.ft.

$325,000

Airbnb cash on cash: 4.54%

Traditional cash on cash: 5.37%

Airbnb Rental Income: $2557

Traditional Rental Income: $2194

Airbnb ROI: 4.54%

Traditional ROI: 5.37%

802 N Tuxedo Street

Indianapolis, IN

3 beds | 2 baths | 1,063 sq.ft.

$230,000

Airbnb cash on cash: 1.61%

Traditional cash on cash: 4.69%

Airbnb Rental Income: $1240

Traditional Rental Income: $1514

Airbnb ROI: 1.61%

Traditional ROI: 4.69%

9276 E Parke Place

Rockville, IN

4 beds | 2 baths | 2,408 sq.ft.

$430,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.34%

Airbnb Rental Income: $null

Traditional Rental Income: $2398

Airbnb ROI: N/A