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
2190 Old Orchard Drive West Harrison, IN Welcome to your dream home in the desirable Old Orchard neighborhood! This inviting reside...	3 beds \| 3 baths \| 1,990 sq.ft.	$365,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.21% Airbnb Rental Income: $null Traditional Rental Income: $2510 Airbnb ROI: N/A Traditional ROI: 5.21%
157 W Norway Road Monticello, IN Here is your chance to own a great 2 bedroom, 1 bathroom home that has a full basement, la...	2 beds \| 1 baths \| 1,159 sq.ft.	$119,900	Airbnb cash on cash: 8.49% Traditional cash on cash: 9.63% Airbnb Rental Income: $1770 Traditional Rental Income: $1418 Airbnb ROI: 8.49% Traditional ROI: 9.63%
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: 0.43% Traditional cash on cash: 2.85% Airbnb Rental Income: $1991 Traditional Rental Income: $2937 Airbnb ROI: 0.43% Traditional ROI: 2.85%
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: 3.74% Traditional cash on cash: 4.14% Airbnb Rental Income: $3550 Traditional Rental Income: $2955 Airbnb ROI: 3.74% 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%
5934 Pine Bluff Drive Avon, IN This home features a grand open layout on the main floor, with a spacious great room seaml...	4 beds \| 3 baths \| 3,989 sq.ft.	$425,000	Airbnb cash on cash: 2.57% Traditional cash on cash: 4.64% Airbnb Rental Income: $2448 Traditional Rental Income: $2673 Airbnb ROI: 2.57% Traditional ROI: 4.64%
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%
5625 Gateway E Drive Whitestown, IN Highly Desirable Ranch Home in Clark Meadows at Anson This move-in ready, single-level ra...	3 beds \| 3 baths \| 2,336 sq.ft.	$405,000	Airbnb cash on cash: 1.66% Traditional cash on cash: 5.13% Airbnb Rental Income: $2014 Traditional Rental Income: $2806 Airbnb ROI: 1.66% Traditional ROI: 5.13%
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: 7.6% Traditional cash on cash: 4.13% Airbnb Rental Income: $3527 Traditional Rental Income: $1774 Airbnb ROI: 7.6% Traditional ROI: 4.13%
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: 1.71% Traditional cash on cash: 2.5% Airbnb Rental Income: $2538 Traditional Rental Income: $2273 Airbnb ROI: 1.71% 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: 1.1% Traditional cash on cash: 4.26% Airbnb Rental Income: $1991 Traditional Rental Income: $2948 Airbnb ROI: 1.1% Traditional ROI: 4.26%
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%
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%
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: 5.52% Traditional cash on cash: 7.65% Airbnb Rental Income: $2169 Traditional Rental Income: $2051 Airbnb ROI: 5.52% Traditional ROI: 7.65%
3442 N Valleyview Drive Bloomington, IN This property has been a great investment property for years, but could be investment or o...	3 beds \| 2 baths \| 884 sq.ft.	$250,000	Airbnb cash on cash: 3.38% Traditional cash on cash: 3.69% Airbnb Rental Income: $1996 Traditional Rental Income: $1548 Airbnb ROI: 3.38% Traditional ROI: 3.69%
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%
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%
1205 Meadow Lark Boulevard Warsaw, IN Many updates in this 3 bedroom, 1.5 bath home in Melody Acres. Over 1700 square feet all ...	3 beds \| 2 baths \| 1,720 sq.ft.	$245,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.05% Airbnb Rental Income: $null Traditional Rental Income: $2300 Airbnb ROI: N/A Traditional ROI: 8.05%
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: 6.8% Traditional cash on cash: 5.09% Airbnb Rental Income: $3888 Traditional Rental Income: $2471 Airbnb ROI: 6.8% Traditional ROI: 5.09%
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%
2482 Middle View Drive Columbus, IN YOU'LL ENJOY THIS SPACIOUS 3BR/2.5 BATH HOME IN SOUTHSIDE SCHOOL DISTRICT! *LARGE LIVING R...	3 beds \| 3 baths \| 2,095 sq.ft.	$284,900	Airbnb cash on cash: 3.85% Traditional cash on cash: 7.39% Airbnb Rental Income: $2102 Traditional Rental Income: $2513 Airbnb ROI: 3.85% Traditional ROI: 7.39%
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: N/A Traditional cash on cash: 4.13% Airbnb Rental Income: $null Traditional Rental Income: $3526 Airbnb ROI: N/A Traditional ROI: 4.13%
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: N/A Traditional cash on cash: 5.98% Airbnb Rental Income: $null Traditional Rental Income: $5809 Airbnb ROI: N/A 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: 0.51% Traditional cash on cash: 2.97% Airbnb Rental Income: $2448 Traditional Rental Income: $3835 Airbnb ROI: 0.51% 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%
124 E Clem Street Flora, IN Cozy modern home that just shouts A Place To Call Home. Great fully applianced custom kitc...	2 beds \| 2 baths \| 1,092 sq.ft.	$189,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.52% Airbnb Rental Income: $null Traditional Rental Income: $2016 Airbnb ROI: N/A Traditional ROI: 9.52%
9397 N Bradley Lane Brazil, IN Downsizing or just starting out? One level living and is an open concept. The kitchen has ...	2 beds \| 2 baths \| 1,310 sq.ft.	$229,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.24% Airbnb Rental Income: $null Traditional Rental Income: $1917 Airbnb ROI: N/A Traditional ROI: 7.24%
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%
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.	$2,800,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.46% Airbnb Rental Income: $null Traditional Rental Income: $5756 Airbnb ROI: N/A Traditional ROI: 0.46%
6728 Joseph Avenue Portage, IN PRICE LOWERED: MOTIVATED SELLER: MAKE AN OFFER Well-maintained 2 story home which offers 4...	4 beds \| 3 baths \| 2,404 sq.ft.	$350,000	Airbnb cash on cash: 6.22% Traditional cash on cash: 6.22% Airbnb Rental Income: $3499 Traditional Rental Income: $2728 Airbnb ROI: 6.22% Traditional ROI: 6.22%
12745 Pavestone Court Fishers, IN Seller may consider buyer concessions if made in an offer. Welcome to a home full of charm...	3 beds \| 3 baths \| 2,011 sq.ft.	$425,000	Airbnb cash on cash: 4.12% Traditional cash on cash: 4.05% Airbnb Rental Income: $3238 Traditional Rental Income: $2480 Airbnb ROI: 4.12% Traditional ROI: 4.05%
10956 Hamilton Pass Fishers, IN Step into a storybook setting with this gorgeous custom home, nestled on a private, 1.11-a...	4 beds \| 5 baths \| 4,674 sq.ft.	$748,000	Airbnb cash on cash: 4.08% Traditional cash on cash: 4.3% Airbnb Rental Income: $5222 Traditional Rental Income: $4310 Airbnb ROI: 4.08% Traditional ROI: 4.3%
9917 Rainbow Falls Lane Fishers, IN $5,000 credit at closing for kitchen updates!!!! 5 BEDROOMS, 5 WALK IN CLOSETS, PLUS AN O...	5 beds \| 3 baths \| 3,032 sq.ft.	$469,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.22% Airbnb Rental Income: $null Traditional Rental Income: $2942 Airbnb ROI: N/A Traditional ROI: 4.22%
431 Creekwood Drive Valparaiso, IN PRICE REDUCTION!!!! Seeking a tranquil haven? Nestled in a coveted area, this home is per...	3 beds \| 3 baths \| 3,362 sq.ft.	$690,000	Airbnb cash on cash: -0.07% Traditional cash on cash: 1.38% Airbnb Rental Income: $2005 Traditional Rental Income: $2410 Airbnb ROI: -0.07% Traditional ROI: 1.38%

Real Estate investment in Indiana

There are 9,534 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 $265,000 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 9,534 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

2190 Old Orchard Drive

West Harrison, IN

3 beds | 3 baths | 1,990 sq.ft.

$365,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.21%

Airbnb Rental Income: $null

Traditional Rental Income: $2510

Airbnb ROI: N/A

Traditional ROI: 5.21%

157 W Norway Road

Monticello, IN

2 beds | 1 baths | 1,159 sq.ft.

$119,900

Airbnb cash on cash: 8.49%

Traditional cash on cash: 9.63%

Airbnb Rental Income: $1770

Traditional Rental Income: $1418

Airbnb ROI: 8.49%

Traditional ROI: 9.63%

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: 0.43%

Traditional cash on cash: 2.85%

Airbnb Rental Income: $1991

Traditional Rental Income: $2937

Airbnb ROI: 0.43%

Traditional ROI: 2.85%

9063 Dewberry Court

Indianapolis, IN

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

$497,000

Airbnb cash on cash: 3.74%

Traditional cash on cash: 4.14%

Airbnb Rental Income: $3550

Traditional Rental Income: $2955

Airbnb ROI: 3.74%

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%

5934 Pine Bluff Drive

Avon, IN

4 beds | 3 baths | 3,989 sq.ft.

$425,000

Airbnb cash on cash: 2.57%

Traditional cash on cash: 4.64%

Airbnb Rental Income: $2448

Traditional Rental Income: $2673

Airbnb ROI: 2.57%

Traditional ROI: 4.64%

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