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
223 Crabapple Ln Valparaiso, IN Come fall in love with 223 Crabapple Lane. Tucked at the end of a quiet cul-de-sac in the ...	4 beds \| 3 baths \| 4,375 sq.ft.	$948,500	Airbnb cash on cash: 0.38% Traditional cash on cash: 2.25% Airbnb Rental Income: $2658 Traditional Rental Income: $3722 Airbnb ROI: 0.38% Traditional ROI: 2.25%
8246 Northcote Ave Munster, IN Get ready to fall in love with this beautifully remodeled 3 bedroom brick ranch in Wicker ...	3 beds \| 1 baths \| 1,392 sq.ft.	$374,999	Airbnb cash on cash: 1.24% Traditional cash on cash: 3.21% Airbnb Rental Income: $1641 Traditional Rental Income: $1872 Airbnb ROI: 1.24% Traditional ROI: 3.21%
1931 Brocken Ct Indianapolis, IN Beautifully maintained 4-bedroom, 3-bath tri-level situated on a spacious .41-acre fenced ...	4 beds \| 3 baths \| 2,126 sq.ft.	$300,000	Airbnb cash on cash: 2.11% Traditional cash on cash: 6.31% Airbnb Rental Income: $1634 Traditional Rental Income: $2417 Airbnb ROI: 2.11% Traditional ROI: 6.31%
320 W Ash St Jamestown, IN Set on a generous, tree-shaded 0.35-acre lot in Jamestown's Maple Hill neighborhood, this ...	2 beds \| 2 baths \| 1,232 sq.ft.	$160,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.94% Airbnb Rental Income: $null Traditional Rental Income: $1228 Airbnb ROI: N/A Traditional ROI: 4.94%
6493 Hunters Green Circle Indianapolis, IN Beautifully updated 3 bed, 2 bath home tucked into a quiet cul-de-sac near Eagle Creek wit...	3 beds \| 2 baths \| 1,417 sq.ft.	$295,000	Airbnb cash on cash: 0.85% Traditional cash on cash: 3.75% Airbnb Rental Income: $1084 Traditional Rental Income: $1520 Airbnb ROI: 0.85% Traditional ROI: 3.75%
905 S Maple St Fortville, IN This listing includes 11.732 acres (6 parcels: see addendum) just outside of Fortville, wh...	3 beds \| 2 baths \| 2,606 sq.ft.	$1,700,000	Airbnb cash on cash: -0.14% Traditional cash on cash: -0.13% Airbnb Rental Income: $2691 Traditional Rental Income: $2057 Airbnb ROI: -0.14% Traditional ROI: -0.13%
181 Market St Aurora, IN Fantastic Location! Walking distance to downtown Aurora and Lesko park. 3 Bedrm 2 Full b...	3 beds \| 2 baths \| 1,232 sq.ft.	$164,000	Airbnb cash on cash: 2.2% Traditional cash on cash: 7.67% Airbnb Rental Income: $1097 Traditional Rental Income: $1582 Airbnb ROI: 2.2% Traditional ROI: 7.67%
6145 S Hubeny Street New York, IN If you are looking for a one of a kind property this one is for you! This brick home has a...	3 beds \| 3 baths \| 3,324 sq.ft.	$369,900	Airbnb cash on cash: N/A Traditional cash on cash: 10.34% Airbnb Rental Income: $null Traditional Rental Income: $4324 Airbnb ROI: N/A Traditional ROI: 10.34%
3415 Parkview Drive Columbus, IN Adorable 3 bedroom, 2.5 bath home located on a corner lot. The home features an open layou...	3 beds \| 3 baths \| 1,992 sq.ft.	$286,800	Airbnb cash on cash: 3.21% Traditional cash on cash: 6.36% Airbnb Rental Income: $1876 Traditional Rental Income: $2225 Airbnb ROI: 3.21% Traditional ROI: 6.36%
7204 Ohio Avenue Hammond, IN Welcome to this charming, move-in ready ranch offering the perfect blend of comfort, chara...	3 beds \| 1 baths \| 1,015 sq.ft.	$169,900	Airbnb cash on cash: 1.05% Traditional cash on cash: 4.22% Airbnb Rental Income: $1245 Traditional Rental Income: $1361 Airbnb ROI: 1.05% Traditional ROI: 4.22%
6817 N Us Highway 231 Rensselaer, IN REDUCED!! Updated well kept home. Rensselaer address - Kankakee Valley Schools. This home...	4 beds \| 1 baths \| 1,968 sq.ft.	$379,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.77% Airbnb Rental Income: $null Traditional Rental Income: $1982 Airbnb ROI: N/A Traditional ROI: 3.77%
97 Muirfield Dr Valparaiso, IN NEW Attractive Price! Meticulously maintained and beautifully updated 4-bedroom, 4-bath ho...	4 beds \| 3 baths \| 3,466 sq.ft.	$699,000	Airbnb cash on cash: 0.91% Traditional cash on cash: 4.27% Airbnb Rental Income: $2658 Traditional Rental Income: $4214 Airbnb ROI: 0.91% Traditional ROI: 4.27%
10330 Rockford Ct Indianapolis, IN Spacious home and a great floor plan! With over 1900 square feet this large ranch has a hu...	3 beds \| 2 baths \| 1,906 sq.ft.	$219,900	Airbnb cash on cash: 2.06% Traditional cash on cash: 7.8% Airbnb Rental Income: $1232 Traditional Rental Income: $2033 Airbnb ROI: 2.06% Traditional ROI: 7.8%
6018 Rocky Rd Anderson, IN Move-in ready ranch located in a desirable South Anderson subdivision! This 3-bedroom, 2-b...	3 beds \| 2 baths \| 1,212 sq.ft.	$204,900	Airbnb cash on cash: 2.26% Traditional cash on cash: 5.67% Airbnb Rental Income: $1326 Traditional Rental Income: $1593 Airbnb ROI: 2.26% Traditional ROI: 5.67%
5148 N Park Ave Indianapolis, IN Welcome to 5148 N Park Avenue in Meridian Kessler! This fantastic, recently renovated 4 be...	4 beds \| 3 baths \| 3,073 sq.ft.	$749,000	Airbnb cash on cash: 1.05% Traditional cash on cash: 1.94% Airbnb Rental Income: $2833 Traditional Rental Income: $2810 Airbnb ROI: 1.05% Traditional ROI: 1.94%
3135 E 52nd St #E Indianapolis, IN 3135 E 52nd St Unit E is a multi-room Indianapolis condo residence set in a brick communit...	4 beds \| 2 baths \| 1,777 sq.ft.	$164,000	Airbnb cash on cash: 9.14% Traditional cash on cash: 9.27% Airbnb Rental Income: $2504 Traditional Rental Income: $1922 Airbnb ROI: 9.14% Traditional ROI: 9.27%
8078 Windham Lake Way Indianapolis, IN Updated 3-bedroom condo with one of the largest floorplans in the Windham Lake complex. Ne...	3 beds \| 3 baths \| 1,816 sq.ft.	$229,900	Airbnb cash on cash: 2.86% Traditional cash on cash: 5.62% Airbnb Rental Income: $1805 Traditional Rental Income: $1916 Airbnb ROI: 2.86% Traditional ROI: 5.62%
365 E Morris Street Indianapolis, IN On the North edge of wonderful Bates Hendricks neighborhood you will find a completely reh...	N/A beds \| N/A baths \| N/A	$447,500	Airbnb cash on cash: -0.72% Traditional cash on cash: 7.13% Airbnb Rental Income: $714 Traditional Rental Income: $3698 Airbnb ROI: -0.72% Traditional ROI: 7.13%
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.	$260,000	Airbnb cash on cash: 6.57% Traditional cash on cash: 9.25% Airbnb Rental Income: $2815 Traditional Rental Income: $2814 Airbnb ROI: 6.57% Traditional ROI: 9.25%
404 N Grant Ave Indianapolis, IN Welcome to this beautiful fully remodeled house. From the moment you arrive, you'll apprec...	4 beds \| 2 baths \| 1,644 sq.ft.	$199,900	Airbnb cash on cash: 3.81% Traditional cash on cash: 4.02% Airbnb Rental Income: $1685 Traditional Rental Income: $1257 Airbnb ROI: 3.81% Traditional ROI: 4.02%
406 Griffin Road Indianapolis, IN Beautiful, well-maintained home in desirable Perry Township that won't last long! Recent u...	3 beds \| 2 baths \| 1,762 sq.ft.	$270,000	Airbnb cash on cash: 2.6% Traditional cash on cash: 6.15% Airbnb Rental Income: $1633 Traditional Rental Income: $2076 Airbnb ROI: 2.6% Traditional ROI: 6.15%
1444 E Elbert St Indianapolis, IN Discover the perfect blend of charm and convenience at 1444 E Elbert Street. This inviting...	2 beds \| 1 baths \| 1,584 sq.ft.	$172,500	Airbnb cash on cash: 0.74% Traditional cash on cash: 4.05% Airbnb Rental Income: $1006 Traditional Rental Income: $1193 Airbnb ROI: 0.74% Traditional ROI: 4.05%
16035 Talmon Dr Westfield, IN Welcome home to Retreat on the Monon! This desirable end-unit Kirkwood floor plan features...	3 beds \| 2 baths \| 2,411 sq.ft.	$446,900	Airbnb cash on cash: 2.08% Traditional cash on cash: 3.27% Airbnb Rental Income: $2311 Traditional Rental Income: $2236 Airbnb ROI: 2.08% Traditional ROI: 3.27%
6146 Ralston Ave Indianapolis, IN This inviting 2-bedroom, 2-full-bath bungalow offers a highly sought-after feature in Broa...	2 beds \| 2 baths \| 2,192 sq.ft.	$315,000	Airbnb cash on cash: 2.27% Traditional cash on cash: 4.17% Airbnb Rental Income: $1753 Traditional Rental Income: $1852 Airbnb ROI: 2.27% Traditional ROI: 4.17%
1918 E 68th St Indianapolis, IN Back on the market at no fault of the Seller! 3 bed, 2 bath home located just north of Bro...	3 beds \| 2 baths \| 1,700 sq.ft.	$256,000	Airbnb cash on cash: 5.63% Traditional cash on cash: 5.12% Airbnb Rental Income: $2385 Traditional Rental Income: $1675 Airbnb ROI: 5.63% Traditional ROI: 5.12%
502 N Jefferson St Rensselaer, IN Step back in time to appreciate the stunning features of this Victorian built home. With o...	4 beds \| 2 baths \| 2,672 sq.ft.	$295,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.84% Airbnb Rental Income: $null Traditional Rental Income: $1852 Airbnb ROI: N/A Traditional ROI: 4.84%
435 Virginia Avenue #506 Indianapolis, IN Welcome to Villagio at Page Pointe in sought after Fletcher Place: where city living meets...	3 beds \| 2 baths \| 1,814 sq.ft.	$545,000	Airbnb cash on cash: -2.08% Traditional cash on cash: -0.36% Airbnb Rental Income: $1568 Traditional Rental Income: $1996 Airbnb ROI: -2.08% Traditional ROI: -0.36%
1529 Kennington St Indianapolis, IN Experience this beautifully renovated 2br/1ba single family home in the Bates Hendricks ne...	2 beds \| 1 baths \| 780 sq.ft.	$200,000	Airbnb cash on cash: 1.86% Traditional cash on cash: 3.29% Airbnb Rental Income: $1182 Traditional Rental Income: $1067 Airbnb ROI: 1.86% Traditional ROI: 3.29%
8625 Douglaston Ct Indianapolis, IN Welcome to this beautifully updated 3-bedroom, 2 full bath, 2 half bath home, thoughtfully...	3 beds \| 2 baths \| 3,766 sq.ft.	$419,000	Airbnb cash on cash: 1.16% Traditional cash on cash: 5.2% Airbnb Rental Income: $1805 Traditional Rental Income: $2939 Airbnb ROI: 1.16% Traditional ROI: 5.2%
838 N Emerson Ave Indianapolis, IN Welcome to 838 N Emerson Ave! This 3-bedroom, 1-bath single-story home sits on a 6,534 sq ...	3 beds \| 1 baths \| 2,400 sq.ft.	$189,900	Airbnb cash on cash: 2.54% Traditional cash on cash: 4.2% Airbnb Rental Income: $1311 Traditional Rental Income: $1211 Airbnb ROI: 2.54% Traditional ROI: 4.2%
1111 E 10th St Indianapolis, IN WOW! Experience Sophisticated Urban Living in this stunning Townhome with a Private ROOFTO...	3 beds \| 3 baths \| 2,440 sq.ft.	$669,900	Airbnb cash on cash: -0.58% Traditional cash on cash: 2.19% Airbnb Rental Income: $1421 Traditional Rental Income: $2726 Airbnb ROI: -0.58% Traditional ROI: 2.19%
3868 Ruckle St Indianapolis, IN This beautifully updated 1911 home blends timeless character with thoughtful modern update...	3 beds \| 2 baths \| 2,074 sq.ft.	$445,000	Airbnb cash on cash: 1.38% Traditional cash on cash: 4.53% Airbnb Rental Income: $1704 Traditional Rental Income: $2558 Airbnb ROI: 1.38% Traditional ROI: 4.53%
4251 Woodsage Trace Indianapolis, IN SELLER IS OFFERING $2,000 TO BUYERS for buyer's closing costs to purchase this end-unit co...	2 beds \| 2 baths \| 1,187 sq.ft.	$130,000	Airbnb cash on cash: -1.89% Traditional cash on cash: 4.32% Airbnb Rental Income: $984 Traditional Rental Income: $1408 Airbnb ROI: -1.89% Traditional ROI: 4.32%
9019 Panorama Ct Indianapolis, IN Welcome home to this beautifully updated ranch in the Avon/West Indianapolis area, conveni...	3 beds \| 1 baths \| 1,097 sq.ft.	$228,000	Airbnb cash on cash: 2.92% Traditional cash on cash: 4.62% Airbnb Rental Income: $1530 Traditional Rental Income: $1462 Airbnb ROI: 2.92% Traditional ROI: 4.62%
5911 Edelle Dr 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.	$349,000	Airbnb cash on cash: 2.33% Traditional cash on cash: 4.7% Airbnb Rental Income: $1897 Traditional Rental Income: $2168 Airbnb ROI: 2.33% Traditional ROI: 4.7%
1306 Tishman Lane Indianapolis, IN Charming 2-bedroom, 1.5-bath condo offering comfortable, low-maintenance living. This well...	2 beds \| 2 baths \| 1,216 sq.ft.	$125,900	Airbnb cash on cash: 2.41% Traditional cash on cash: 5.31% Airbnb Rental Income: $1451 Traditional Rental Income: $1372 Airbnb ROI: 2.41% Traditional ROI: 5.31%
1709 N Talbott St Indianapolis, IN Welcome to this beautifully updated three-level home located in the heart of the highly so...	3 beds \| 2 baths \| 2,381 sq.ft.	$415,000	Airbnb cash on cash: 0.76% Traditional cash on cash: 5.05% Airbnb Rental Income: $1166 Traditional Rental Income: $2454 Airbnb ROI: 0.76% Traditional ROI: 5.05%
7514 Iron Horse Lane Indianapolis, IN Welcome home to this inviting 3-bedroom, 2-bath ranch that perfectly blends comfort, updat...	3 beds \| 2 baths \| 1,351 sq.ft.	$280,000	Airbnb cash on cash: 3.29% Traditional cash on cash: 4.5% Airbnb Rental Income: $1846 Traditional Rental Income: $1669 Airbnb ROI: 3.29% Traditional ROI: 4.5%
2946 Broadway St Indianapolis, IN WHEN IT HAS GOOD BONES...AND...IT'S BEEN CARED FOR AND THOUGHTFULLY REJUVENATED...IT'S WIS...	4 beds \| 2 baths \| 3,204 sq.ft.	$419,900	Airbnb cash on cash: 1.2% Traditional cash on cash: 5.11% Airbnb Rental Income: $1419 Traditional Rental Income: $2532 Airbnb ROI: 1.2% Traditional ROI: 5.11%
6917 Amber Springs Way Indianapolis, IN Located in the heart of Franklin Township, this well-maintained two-story home features 3 ...	3 beds \| 2 baths \| 2,353 sq.ft.	$309,900	Airbnb cash on cash: 3.32% Traditional cash on cash: 4.79% Airbnb Rental Income: $2093 Traditional Rental Income: $1997 Airbnb ROI: 3.32% Traditional ROI: 4.79%

Real Estate investment in Indiana

There are 29,110 properties available for sale in the state of Indiana. Evansville, Bloomington and Indianapolis are the best rental property markets in Indiana. The average median price of properties for sale in these cities are $287,117 and the average price per square foot is $0. Their average monthly cash on cash return is 4.67%.

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

There are 29,110 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 Bloomington (4%) 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

223 Crabapple Ln

Valparaiso, IN

4 beds | 3 baths | 4,375 sq.ft.

$948,500

Airbnb cash on cash: 0.38%

Traditional cash on cash: 2.25%

Airbnb Rental Income: $2658

Traditional Rental Income: $3722

Airbnb ROI: 0.38%

Traditional ROI: 2.25%

8246 Northcote Ave

Munster, IN

3 beds | 1 baths | 1,392 sq.ft.

$374,999

Airbnb cash on cash: 1.24%

Traditional cash on cash: 3.21%

Airbnb Rental Income: $1641

Traditional Rental Income: $1872

Airbnb ROI: 1.24%

Traditional ROI: 3.21%

1931 Brocken Ct

Indianapolis, IN

4 beds | 3 baths | 2,126 sq.ft.

$300,000

Airbnb cash on cash: 2.11%

Traditional cash on cash: 6.31%

Airbnb Rental Income: $1634

Traditional Rental Income: $2417

Airbnb ROI: 2.11%

Traditional ROI: 6.31%

320 W Ash St

Jamestown, IN

2 beds | 2 baths | 1,232 sq.ft.

$160,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.94%

Airbnb Rental Income: $null

Traditional Rental Income: $1228

Airbnb ROI: N/A

Traditional ROI: 4.94%

6493 Hunters Green Circle

Indianapolis, IN

3 beds | 2 baths | 1,417 sq.ft.

$295,000

Airbnb cash on cash: 0.85%

Traditional cash on cash: 3.75%

Airbnb Rental Income: $1084

Traditional Rental Income: $1520

Airbnb ROI: 0.85%

Traditional ROI: 3.75%

905 S Maple St

Fortville, IN

3 beds | 2 baths | 2,606 sq.ft.

$1,700,000

Airbnb cash on cash: -0.14%

Traditional cash on cash: -0.13%

Airbnb Rental Income: $2691

Traditional Rental Income: $2057

Airbnb ROI: -0.14%

Traditional ROI: -0.13%

181 Market St

Aurora, IN

3 beds | 2 baths | 1,232 sq.ft.

$164,000

Airbnb cash on cash: 2.2%

Traditional cash on cash: 7.67%

Airbnb Rental Income: $1097

Traditional Rental Income: $1582

Airbnb ROI: 2.2%

Traditional ROI: 7.67%

6145 S Hubeny Street

New York, IN

3 beds | 3 baths | 3,324 sq.ft.

$369,900

Airbnb cash on cash: N/A

Traditional cash on cash: 10.34%

Airbnb Rental Income: $null

Traditional Rental Income: $4324

Airbnb ROI: N/A