Investment Property for Sale in Indiana

Q: Which city in Indiana to invest in for highest ROI on long term rental properties in 2026

In 2026, Evansvilleis the best city to buy investment properties. Find more investment properties today!

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
377 Henry Drive Knox, IN KNOX 249,900 MOVE RIGHT IN to this super clean and well-maintained quad level home located...	3 beds \| 2 baths \| 1,630 sq.ft.	$249,900	Airbnb cash on cash: -2.24% Traditional cash on cash: 2.84% Airbnb Rental Income: $419 Traditional Rental Income: $1360 Airbnb ROI: -2.24% Traditional ROI: 2.84%
8092 S 300 E Markleville, IN ESCAPE TO THE COUNTRY! At just under 2 acres, this property is the perfect size! Located ...	3 beds \| 1 baths \| 936 sq.ft.	$199,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.34% Airbnb Rental Income: $null Traditional Rental Income: $1554 Airbnb ROI: N/A Traditional ROI: 6.34%
15675 Wescott Drive Noblesville, IN Say goodbye to all the weekend yard chores. This Olthof home merges the convenience of con...	2 beds \| 2 baths \| 1,718 sq.ft.	$369,900	Airbnb cash on cash: -0.14% Traditional cash on cash: 3.6% Airbnb Rental Income: $1345 Traditional Rental Income: $2230 Airbnb ROI: -0.14% Traditional ROI: 3.6%
2446 Forest Park Drive Dyer, IN Step into a home that feels like it's been completely reborn--where classic charm meets th...	3 beds \| 2 baths \| 1,840 sq.ft.	$289,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.34% Airbnb Rental Income: $null Traditional Rental Income: $1805 Airbnb ROI: N/A Traditional ROI: 3.34%
1066 Reserve Way Indianapolis, IN SELLER OFFERING A 2-1 RATE BUY DOWN! Live where Broad Ripple comes alive in this spacious...	2 beds \| 2 baths \| 2,003 sq.ft.	$319,900	Airbnb cash on cash: -0.11% Traditional cash on cash: 4.31% Airbnb Rental Income: $1354 Traditional Rental Income: $2289 Airbnb ROI: -0.11% Traditional ROI: 4.31%
206 N Beville Avenue Indianapolis, IN Fully renovated inside and out, this beautifully updated 5 bedroom 3 bath home is located ...	5 beds \| 3 baths \| 2,850 sq.ft.	$270,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.84% Airbnb Rental Income: $null Traditional Rental Income: $2814 Airbnb ROI: N/A Traditional ROI: 8.84%
1444 E Elbert Street Indianapolis, IN Discover the perfect blend of charm and convenience at 1444 E Elbert Street. This inviting...	2 beds \| 1 baths \| 912 sq.ft.	$175,000	Airbnb cash on cash: 1.64% Traditional cash on cash: 3.98% Airbnb Rental Income: $1190 Traditional Rental Income: $1193 Airbnb ROI: 1.64% Traditional ROI: 3.98%
429 N Pennsylvania Street #904 Indianapolis, IN Must See!! Luxurious downtown 2 bed / 2.5 bath 9th floor penthouse condo in popular Resid...	2 beds \| 3 baths \| 2,745 sq.ft.	$1,395,000	Airbnb cash on cash: -2.9% Traditional cash on cash: -1.23% Airbnb Rental Income: $938 Traditional Rental Income: $2760 Airbnb ROI: -2.9% Traditional ROI: -1.23%
373 E Morris Street Indianapolis, IN Lovely home in the heart of Bates Hendricks! This renovated and restored home has a great...	3 beds \| 4 baths \| 2,088 sq.ft.	$349,900	Airbnb cash on cash: -0.33% Traditional cash on cash: 1.26% Airbnb Rental Income: $935 Traditional Rental Income: $1113 Airbnb ROI: -0.33% Traditional ROI: 1.26%
131 E 36th Street Indianapolis, IN Experience historic charm and modern luxury in this stunning 4-bedroom, 2.5-bath home with...	5 beds \| 4 baths \| 3,018 sq.ft.	$440,000	Airbnb cash on cash: 1.78% Traditional cash on cash: 5.97% Airbnb Rental Income: $2131 Traditional Rental Income: $3311 Airbnb ROI: 1.78% Traditional ROI: 5.97%
2018 N Dearborn Street Indianapolis, IN Welcome home to this fully renovated 3-bedroom, 1-bath ranch nestled in Indianapolis's Nor...	3 beds \| 1 baths \| 1,168 sq.ft.	$150,000	Airbnb cash on cash: 2.43% Traditional cash on cash: 6.54% Airbnb Rental Income: $954 Traditional Rental Income: $1195 Airbnb ROI: 2.43% Traditional ROI: 6.54%
5351 E Honor Avenue DeMotte, IN Ready to upgrade? Welcome home to 5351 E Honor Avenue in DeMotte, Indiana! This home is se...	3 beds \| 4 baths \| 3,554 sq.ft.	$359,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.87% Airbnb Rental Income: $null Traditional Rental Income: $1365 Airbnb ROI: N/A Traditional ROI: 1.87%
7 Greyhound Circle Carmel, IN A tremendous four-bedroom family home, complete with a stunning walk-out basement, situate...	4 beds \| 4 baths \| 3,684 sq.ft.	$650,000	Airbnb cash on cash: 1.68% Traditional cash on cash: 2.63% Airbnb Rental Income: $2697 Traditional Rental Income: $2639 Airbnb ROI: 1.68% Traditional ROI: 2.63%
4362 Evanston Avenue Indianapolis, IN Charming Indianapolis 3-Bedroom with Garage & Fenced Backyard! Welcome home to this invit...	3 beds \| 1 baths \| 1,193 sq.ft.	$133,000	Airbnb cash on cash: 2.56% Traditional cash on cash: 8.55% Airbnb Rental Income: $1072 Traditional Rental Income: $1469 Airbnb ROI: 2.56% Traditional ROI: 8.55%
1413 S New Jersey Street Indianapolis, IN Owner-occupied buyer may be eligible for a grant up to $7500 Here's a super charming 2...	2 beds \| 2 baths \| 882 sq.ft.	$199,900	Airbnb cash on cash: 0.53% Traditional cash on cash: 4.53% Airbnb Rental Income: $880 Traditional Rental Income: $1302 Airbnb ROI: 0.53% Traditional ROI: 4.53%
1529 Kennington Street Indianapolis, IN Welcome to a beautifully renovated 2br/1ba single family home in the Bates Hendricks neigh...	2 beds \| 1 baths \| 780 sq.ft.	$200,000	Airbnb cash on cash: 0.53% Traditional cash on cash: 3.29% Airbnb Rental Income: $880 Traditional Rental Income: $1067 Airbnb ROI: 0.53% Traditional ROI: 3.29%
5260 Cornelius Avenue Indianapolis, IN Located in the highly sought-after Butler-Tarkington neighborhood of Indianapolis, this we...	3 beds \| 2 baths \| 2,576 sq.ft.	$465,000	Airbnb cash on cash: 0.18% Traditional cash on cash: 1.55% Airbnb Rental Income: $1396 Traditional Rental Income: $1570 Airbnb ROI: 0.18% Traditional ROI: 1.55%
9235 Eden Woods Court Indianapolis, IN Spacious 2BR/2.5BA townhome nestled on a large cul-de-sac with views of pond and common ar...	2 beds \| 3 baths \| 1,422 sq.ft.	$249,900	Airbnb cash on cash: 2.02% Traditional cash on cash: 3.96% Airbnb Rental Income: $1480 Traditional Rental Income: $1501 Airbnb ROI: 2.02% Traditional ROI: 3.96%
2305 Radcliffe Avenue Indianapolis, IN Welcome to this Beautiful brick ranch home in Perry Township featuring 3 bedrooms, 2 full ...	3 beds \| 2 baths \| 1,656 sq.ft.	$229,500	Airbnb cash on cash: 0.69% Traditional cash on cash: 7.43% Airbnb Rental Income: $880 Traditional Rental Income: $2009 Airbnb ROI: 0.69% Traditional ROI: 7.43%
836 Villa Avenue Indianapolis, IN Front porching from this Fountain Square home will be amazing this Summer in this spacious...	3 beds \| 3 baths \| 2,416 sq.ft.	$339,000	Airbnb cash on cash: -0.23% Traditional cash on cash: 5.77% Airbnb Rental Income: $815 Traditional Rental Income: $2400 Airbnb ROI: -0.23% Traditional ROI: 5.77%
1240 W Sumner Avenue Indianapolis, IN Welcome Home! Updated/Move in Ready 4 Bedroom Home on Nice Sized Double Lot; Open Concept ...	4 beds \| 1 baths \| 1,530 sq.ft.	$199,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.61% Airbnb Rental Income: $null Traditional Rental Income: $1593 Airbnb ROI: N/A Traditional ROI: 5.61%
5911 Edelle Drive Indianapolis, IN Explore versatility and comfort in this Franklin Township ranch home! With a loft space th...	3 beds \| 2 baths \| 1,997 sq.ft.	$350,000	Airbnb cash on cash: 0.88% Traditional cash on cash: 1.68% Airbnb Rental Income: $1331 Traditional Rental Income: $1183 Airbnb ROI: 0.88% Traditional ROI: 1.68%
2919 E New York Street Indianapolis, IN Investor-friendly, turnkey rental opportunity on the near eastside of Indianapolis. Locate...	4 beds \| 2 baths \| 2,068 sq.ft.	$199,000	Airbnb cash on cash: 3.64% Traditional cash on cash: 6.56% Airbnb Rental Income: $1480 Traditional Rental Income: $1595 Airbnb ROI: 3.64% Traditional ROI: 6.56%
4709 River Ridge Drive Indianapolis, IN One cannot help but marvel at the meticulous attention to details showcased in this custom...	4 beds \| 4 baths \| 5,194 sq.ft.	$950,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.65% Airbnb Rental Income: $null Traditional Rental Income: $4104 Airbnb ROI: N/A Traditional ROI: 2.65%
1619 Marborough Lane Indianapolis, IN Welcome home to this charming and well-maintained condominium in desirable Washington Town...	2 beds \| 2 baths \| 1,152 sq.ft.	$149,000	Airbnb cash on cash: 3.07% Traditional cash on cash: 6.28% Airbnb Rental Income: $1480 Traditional Rental Income: $1501 Airbnb ROI: 3.07% Traditional ROI: 6.28%
8424 Southern Springs Way Indianapolis, IN Make the Discovery... Warm & striking 3 bedroom, 2 full bathroom ranch home in Southern Sp...	3 beds \| 2 baths \| 1,200 sq.ft.	$275,000	Airbnb cash on cash: 1.68% Traditional cash on cash: 4.43% Airbnb Rental Income: $1331 Traditional Rental Income: $1635 Airbnb ROI: 1.68% Traditional ROI: 4.43%
6179 Burlington Avenue Indianapolis, IN Adorable bungalow located near Broad Ripple! Home features an updated kitchen and bathroom...	2 beds \| 1 baths \| 1,118 sq.ft.	$305,900	Airbnb cash on cash: 1.34% Traditional cash on cash: 3.61% Airbnb Rental Income: $1354 Traditional Rental Income: $1592 Airbnb ROI: 1.34% Traditional ROI: 3.61%
6525 Emerald Hill Court #206 Indianapolis, IN Maintenance free living at it's best. Nestled at 6525 Emerald Hill Ct Unit 206 in the hea...	2 beds \| 2 baths \| 1,549 sq.ft.	$174,900	Airbnb cash on cash: -1.06% Traditional cash on cash: 6.82% Airbnb Rental Income: $948 Traditional Rental Income: $1914 Airbnb ROI: -1.06% Traditional ROI: 6.82%
11541 Coastal Drive Indianapolis, IN Welcome home to maintenance free living! Beautiful quiet 55 and older community that handl...	2 beds \| 2 baths \| 1,504 sq.ft.	$217,500	Airbnb cash on cash: 0.09% Traditional cash on cash: 6.47% Airbnb Rental Income: $850 Traditional Rental Income: $1833 Airbnb ROI: 0.09% Traditional ROI: 6.47%
11902 Bryden Place Fishers, IN Welcome to this gorgeous 3 bed, 2 bath ranch home in the heart of the Sunblest community o...	3 beds \| 2 baths \| 1,340 sq.ft.	$350,000	Airbnb cash on cash: 1.44% Traditional cash on cash: 4.39% Airbnb Rental Income: $1466 Traditional Rental Income: $2002 Airbnb ROI: 1.44% Traditional ROI: 4.39%
932 Clairborne Drive Fort Wayne, IN Welcome home to this beautifully maintained 4 bedroom with loft, 2.5 bath property with a ...	4 beds \| 3 baths \| 2,286 sq.ft.	$389,000	Airbnb cash on cash: 1.5% Traditional cash on cash: 3.08% Airbnb Rental Income: $1792 Traditional Rental Income: $1879 Airbnb ROI: 1.5% Traditional ROI: 3.08%
110 S 4th Street Decatur, IN Welcome to 110 S 4th St â a spacious 2,600 sq ft historic home brimming with character, ...	5 beds \| 2 baths \| 2,600 sq.ft.	$199,900	Airbnb cash on cash: N/A Traditional cash on cash: 11.21% Airbnb Rental Income: $null Traditional Rental Income: $2767 Airbnb ROI: N/A Traditional ROI: 11.21%
2204 Bluewater Drive Warsaw, IN **OPEN HOUSE Sunday, March 29th from 1-2 Due to construction, enter Anchorage from US 30...	4 beds \| 2 baths \| 2,446 sq.ft.	$415,000	Airbnb cash on cash: -0.04% Traditional cash on cash: 1.49% Airbnb Rental Income: $1259 Traditional Rental Income: $1456 Airbnb ROI: -0.04% Traditional ROI: 1.49%
411 Edgemoor Terre Haute, IN The home features 3 bedrooms, 2 full bathrooms, approximately 1,931 square feet of living ...	3 beds \| 2 baths \| 1,913 sq.ft.	$229,000	Airbnb cash on cash: 2.28% Traditional cash on cash: 4.03% Airbnb Rental Income: $1412 Traditional Rental Income: $1365 Airbnb ROI: 2.28% Traditional ROI: 4.03%
3223 N Briar Leaf Court La Porte, IN If you are seeking luxury townhouse living, then the Villa's of Briar Leaf is the place to...	2 beds \| 2 baths \| 1,953 sq.ft.	$364,900	Airbnb cash on cash: -2.17% Traditional cash on cash: 3.62% Airbnb Rental Income: $706 Traditional Rental Income: $2384 Airbnb ROI: -2.17% Traditional ROI: 3.62%
202 W Central Avenue Lagrange, IN Beautifully updated 4-bedroom, 3-bath home in the heart of Lagrange. This move-in-ready tw...	4 beds \| 3 baths \| 2,404 sq.ft.	$239,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.02% Airbnb Rental Income: $null Traditional Rental Income: $1995 Airbnb ROI: N/A Traditional ROI: 6.02%
15341 Shakespeare Drive Evansville, IN Less than 15 minutes from Toyota and Bluegrass Fish & Wildlife area, this beautifully desi...	4 beds \| 3 baths \| 2,449 sq.ft.	$340,000	Airbnb cash on cash: 0.61% Traditional cash on cash: 2.34% Airbnb Rental Income: $1363 Traditional Rental Income: $1500 Airbnb ROI: 0.61% Traditional ROI: 2.34%
52892 Helen Street Bristol, IN Welcome to this charming home in the Middlebury school system! Located on a quiet street i...	3 beds \| 2 baths \| 1,186 sq.ft.	$225,000	Airbnb cash on cash: 4.09% Traditional cash on cash: 1.89% Airbnb Rental Income: $1772 Traditional Rental Income: $818 Airbnb ROI: 4.09% Traditional ROI: 1.89%
1300 Winding Ridge Lane unit: C8 Valparaiso, IN Beautifully Updated 2 Bed, 2 Bath Main-Floor Condo in Valparaiso.Welcome to this spacious,...	2 beds \| 2 baths \| 1,704 sq.ft.	$245,000	Airbnb cash on cash: 0.15% Traditional cash on cash: 2% Airbnb Rental Income: $1217 Traditional Rental Income: $1254 Airbnb ROI: 0.15% Traditional ROI: 2%
12140 Cobblestone Drive Fishers, IN If you're looking for a move-in ready home in family friendly Sandstone Lakes, look no fur...	4 beds \| 3 baths \| 2,522 sq.ft.	$400,000	Airbnb cash on cash: 3.12% Traditional cash on cash: 4.13% Airbnb Rental Income: $2501 Traditional Rental Income: $2275 Airbnb ROI: 3.12% Traditional ROI: 4.13%

Real Estate investment in Indiana

There are 11,744 properties available for sale in the state of Indiana. Evansville, Seymour and Bloomington are the best rental property markets in Indiana. The average median price of properties for sale in these cities are $309,783 and the average price per square foot is $0. Their average monthly cash on cash return is 5.33%.

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

There are 11,744 investment properties available for sale in Indiana.

In 2026, Evansville is the best city to buy investment properties. Find more investment properties today!

In 2026, Evansville (6%) and Seymour (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

377 Henry Drive

Knox, IN

3 beds | 2 baths | 1,630 sq.ft.

$249,900

Airbnb cash on cash: -2.24%

Traditional cash on cash: 2.84%

Airbnb Rental Income: $419

Traditional Rental Income: $1360

Airbnb ROI: -2.24%

Traditional ROI: 2.84%

8092 S 300 E

Markleville, IN

3 beds | 1 baths | 936 sq.ft.

$199,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.34%

Airbnb Rental Income: $null

Traditional Rental Income: $1554

Airbnb ROI: N/A

Traditional ROI: 6.34%

15675 Wescott Drive

Noblesville, IN

2 beds | 2 baths | 1,718 sq.ft.

$369,900

Airbnb cash on cash: -0.14%

Traditional cash on cash: 3.6%

Airbnb Rental Income: $1345

Traditional Rental Income: $2230

Airbnb ROI: -0.14%

Traditional ROI: 3.6%

2446 Forest Park Drive

Dyer, IN

3 beds | 2 baths | 1,840 sq.ft.

$289,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.34%

Airbnb Rental Income: $null

Traditional Rental Income: $1805

Airbnb ROI: N/A

Traditional ROI: 3.34%

1066 Reserve Way

Indianapolis, IN

2 beds | 2 baths | 2,003 sq.ft.

$319,900

Airbnb cash on cash: -0.11%

Traditional cash on cash: 4.31%

Airbnb Rental Income: $1354

Traditional Rental Income: $2289

Airbnb ROI: -0.11%

Traditional ROI: 4.31%

206 N Beville Avenue

Indianapolis, IN

5 beds | 3 baths | 2,850 sq.ft.

$270,000

Airbnb cash on cash: N/A

Traditional cash on cash: 8.84%

Airbnb Rental Income: $null

Traditional Rental Income: $2814

Airbnb ROI: N/A

Traditional ROI: 8.84%

1444 E Elbert Street

Indianapolis, IN

2 beds | 1 baths | 912 sq.ft.

$175,000

Airbnb cash on cash: 1.64%

Traditional cash on cash: 3.98%

Airbnb Rental Income: $1190

Traditional Rental Income: $1193

Airbnb ROI: 1.64%

Traditional ROI: 3.98%

429 N Pennsylvania Street #904

Indianapolis, IN

2 beds | 3 baths | 2,745 sq.ft.

$1,395,000

Airbnb cash on cash: -2.9%

Traditional cash on cash: -1.23%

Airbnb Rental Income: $938

Traditional Rental Income: $2760

Airbnb ROI: -2.9%