Real Estate Investment Properties for Sale in Columbia City, IN

Looking for investment property in Columbia City, IN with high ROI ?

Explore a variety of short-term homes & houses in Columbia City, IN. Invest wisely with VRBO & Columbia City, IN 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 Columbia City, IN

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
319 Wallace Avenue Columbia City, IN Enjoy sitting on the front porch swing, or relaxing on the back deck in the fenced in back...	3 beds \| 1 baths \| 1,248 sq.ft.	$169,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.12% Airbnb Rental Income: $null Traditional Rental Income: $1549 Airbnb ROI: N/A Traditional ROI: 7.12%
1669 E Brookside Trail Columbia City, IN Welcome to your dream home on the greens! Nestled directly behind the 1st hole green of Ea...	5 beds \| 4 baths \| 3,491 sq.ft.	$499,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.79% Airbnb Rental Income: $null Traditional Rental Income: $3760 Airbnb ROI: N/A Traditional ROI: 5.79%
5548 N Willow Avenue Columbia City, IN Move-In Ready with Stunning Lake Views! Step into the lake life at beautiful Shriner Lake,...	2 beds \| 2 baths \| 1,040 sq.ft.	$250,000	Airbnb cash on cash: 2.84% Traditional cash on cash: 5.61% Airbnb Rental Income: $1577 Traditional Rental Income: $1779 Airbnb ROI: 2.84% Traditional ROI: 5.61%
215 Collinwood Avenue Columbia City, IN Looking for a move-in ready home at an affordable price? This 2-bedroom, 1-bath gem is loc...	2 beds \| 1 baths \| 938 sq.ft.	$139,900	Airbnb cash on cash: 6.29% Traditional cash on cash: 5.72% Airbnb Rental Income: $1577 Traditional Rental Income: $1048 Airbnb ROI: 6.29% Traditional ROI: 5.72%
5499 N Fish Hatchery Road Columbia City, IN Built in 2004 this two story lake home with gorgeous sunset views over Shriner lake. This ...	3 beds \| 3 baths \| 2,142 sq.ft.	$234,500	Airbnb cash on cash: N/A Traditional cash on cash: 10.2% Airbnb Rental Income: $null Traditional Rental Income: $2763 Airbnb ROI: N/A Traditional ROI: 10.2%
3297 E Sherman Street Columbia City, IN Beautiful Pond View Home on Oversized Lot â Move-In Ready! Welcome to this well-cared-fo...	3 beds \| 2 baths \| 1,323 sq.ft.	$235,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.96% Airbnb Rental Income: $null Traditional Rental Income: $1779 Airbnb ROI: N/A Traditional ROI: 5.96%
1325 E Greenbriar Drive Columbia City, IN Welcome to this beautifully maintained home, built in 2002, and nestled on a serene 1-acre...	3 beds \| 4 baths \| 3,265 sq.ft.	$449,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.58% Airbnb Rental Income: $null Traditional Rental Income: $3106 Airbnb ROI: N/A Traditional ROI: 5.58%
3341 W Lincolnway Road Columbia City, IN Listing for comp purposes	2 beds \| 2 baths \| 2,806 sq.ft.	$228,500	Airbnb cash on cash: 3% Traditional cash on cash: 7.54% Airbnb Rental Income: $1577 Traditional Rental Income: $2108 Airbnb ROI: 3% Traditional ROI: 7.54%
2890 W 400 N Columbia City, IN Back on the market due to low VA appraisal. Great opportunity for a quiet country home on...	4 beds \| 3 baths \| 2,810 sq.ft.	$359,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.29% Airbnb Rental Income: $null Traditional Rental Income: $3106 Airbnb ROI: N/A Traditional ROI: 7.29%
1349 N Wilson Lake Road Columbia City, IN 72 Hour First Right Contingency Accepted - Lakefront Living on Wilson Lake - Updated & Mov...	2 beds \| 1 baths \| 1,152 sq.ft.	$274,900	Airbnb cash on cash: 2.62% Traditional cash on cash: 4.75% Airbnb Rental Income: $1577 Traditional Rental Income: $1676 Airbnb ROI: 2.62% Traditional ROI: 4.75%
1735 E Inverness Circle Columbia City, IN Welcome to this beautiful 3 bedroom, 2.5 bath villa located in a serene golf course commun...	3 beds \| 3 baths \| 1,604 sq.ft.	$239,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.94% Airbnb Rental Income: $null Traditional Rental Income: $2215 Airbnb ROI: N/A Traditional ROI: 6.94%
116 S Whitley Street Columbia City, IN Discover this beautiful, well-maintained historic home offering 3/4 bedroom, 2 full bathro...	3 beds \| 2 baths \| 2,390 sq.ft.	$249,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.64% Airbnb Rental Income: $null Traditional Rental Income: $2357 Airbnb ROI: N/A Traditional ROI: 7.64%
2624 E Stalf Road Columbia City, IN Where every single day feels like a vacation - without ever leaving home. Welcome to this ...	4 beds \| 3 baths \| 1,969 sq.ft.	$639,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.19% Airbnb Rental Income: $null Traditional Rental Income: $2314 Airbnb ROI: N/A Traditional ROI: 2.19%
704 Shoreland Court Columbia City, IN Grandeur & elegance pour through this sprawling Villa in the Columbia Shores community. Re...	2 beds \| 2 baths \| 1,550 sq.ft.	$218,900	Airbnb cash on cash: 2.94% Traditional cash on cash: 6.62% Airbnb Rental Income: $1577 Traditional Rental Income: $1887 Airbnb ROI: 2.94% Traditional ROI: 6.62%
725 S Cottonwood Court Columbia City, IN Adorable Ranch Built in 2022! This charming 3 bedroom, 2 bath ranch offers a bright and op...	3 beds \| 2 baths \| 1,368 sq.ft.	$275,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.15% Airbnb Rental Income: $null Traditional Rental Income: $1822 Airbnb ROI: N/A Traditional ROI: 5.15%
1060 E Wildwood Dr Columbia City, IN Incredible opportunity to own this sprawling, all brick ranch at the entry of Blue River E...	3 beds \| 4 baths \| 5,076 sq.ft.	$529,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.14% Airbnb Rental Income: $null Traditional Rental Income: $2550 Airbnb ROI: N/A Traditional ROI: 3.14%
715 Shoreland Court Columbia City, IN Listing Coming Soon! Showings Begin On or Before August 15th - Discover easy living in thi...	2 beds \| 2 baths \| 1,248 sq.ft.	$179,900	Airbnb cash on cash: 3.85% Traditional cash on cash: 6.08% Airbnb Rental Income: $1577 Traditional Rental Income: $1507 Airbnb ROI: 3.85% Traditional ROI: 6.08%
1032 S St Rd 205 Columbia City, IN If youâve been looking for a spacious home that blends style, comfort, and everyday func...	4 beds \| 3 baths \| 2,532 sq.ft.	$357,937	Airbnb cash on cash: N/A Traditional cash on cash: 4.93% Airbnb Rental Income: $null Traditional Rental Income: $2791 Airbnb ROI: N/A Traditional ROI: 4.93%
213 N Madison St Columbia City, IN Donât miss this updated, nearly 2,000 sq. ft. home offering 3 bedrooms, 2.5 baths, and a...	3 beds \| 3 baths \| 1,924 sq.ft.	$199,900	Airbnb cash on cash: N/A Traditional cash on cash: 11.43% Airbnb Rental Income: $null Traditional Rental Income: $2610 Airbnb ROI: N/A Traditional ROI: 11.43%
3065 E Butler Court Columbia City, IN Better than new might best describe this immaculate 3 bedroom, 2 bath 1 year old ranch wit...	3 beds \| 2 baths \| 1,666 sq.ft.	$324,999	Airbnb cash on cash: N/A Traditional cash on cash: 4.87% Airbnb Rental Income: $null Traditional Rental Income: $1987 Airbnb ROI: N/A Traditional ROI: 4.87%
5552 N Willow Avenue Columbia City, IN Welcome to lake life on beautiful Shriners Lakeâa spring-fed, all-sports lake perfect fo...	3 beds \| 4 baths \| 2,884 sq.ft.	$450,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.03% Airbnb Rental Income: $null Traditional Rental Income: $3332 Airbnb ROI: N/A Traditional ROI: 6.03%
5540 N Willow Avenue Columbia City, IN Discover your perfect year-round lake home! This inviting 3 bedroom, 2 full bath residen...	3 beds \| 2 baths \| 1,601 sq.ft.	$319,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.02% Airbnb Rental Income: $null Traditional Rental Income: $2415 Airbnb ROI: N/A Traditional ROI: 5.02%
2605 E Beech Avenue Columbia City, IN Significant Price Reduction! Immediate possession available with this remodeled vinyl side...	4 beds \| 2 baths \| 2,422 sq.ft.	$407,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.73% Airbnb Rental Income: $null Traditional Rental Income: $2530 Airbnb ROI: N/A Traditional ROI: 4.73%
3598 W Huntington Ave 57 Avenue Columbia City, IN Come check out this completely renovated 4 bedroom 3 bathroom property at Big Lake! This o...	4 beds \| 3 baths \| 2,840 sq.ft.	$486,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.77% Airbnb Rental Income: $null Traditional Rental Income: $2922 Airbnb ROI: N/A Traditional ROI: 4.77%
804 Wexford Court Columbia City, IN ACCEPTED 48 HR FIRST RIGHT CONTINGENCY Beautiful stucco home with circle drive on 3 acres ...	4 beds \| 4 baths \| 5,225 sq.ft.	$699,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.6% Airbnb Rental Income: $null Traditional Rental Income: $3630 Airbnb ROI: N/A Traditional ROI: 3.6%
972 E Hawthorn Lane Columbia City, IN NEW CONSTRUCTION HOME!! 3 bedroom, 2 bathroom home in Columbia City, near Morsches Park, ...	3 beds \| 2 baths \| 1,681 sq.ft.	$319,770	Airbnb cash on cash: N/A Traditional cash on cash: 6.12% Airbnb Rental Income: $null Traditional Rental Income: $2246 Airbnb ROI: N/A Traditional ROI: 6.12%
526 E Hanna St Columbia City, IN Welcome to this beautifully refreshed 3-bedroom, 1-bath home located in the heart of Colum...	3 beds \| 1 baths \| 1,044 sq.ft.	$187,500	Airbnb cash on cash: N/A Traditional cash on cash: 5.41% Airbnb Rental Income: $null Traditional Rental Income: $1348 Airbnb ROI: N/A Traditional ROI: 5.41%
2660 E Beech Avenue Columbia City, IN *This stunning new construction 3-story cottage on Shriner Lake offers the perfect blend o...	2 beds \| 2 baths \| 1,560 sq.ft.	$249,900	Airbnb cash on cash: 2.53% Traditional cash on cash: 8.19% Airbnb Rental Income: $1577 Traditional Rental Income: $2461 Airbnb ROI: 2.53% Traditional ROI: 8.19%
988 E Hawthorn Lane Columbia City, IN OPEN HOUSE HELD SUNDAYS 11-1:PM. UNDER CONSTRUCTION: Projected completion is August. 3 Bed...	3 beds \| 2 baths \| 1,681 sq.ft.	$335,543	Airbnb cash on cash: N/A Traditional cash on cash: 4.96% Airbnb Rental Income: $null Traditional Rental Income: $2239 Airbnb ROI: N/A Traditional ROI: 4.96%
601 Valley River Drive Columbia City, IN Accepted 24 hr contingent FIRST RIGHT Brand new home for only $254,900, in Timbers Edge Su...	3 beds \| 2 baths \| 1,249 sq.ft.	$254,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.9% Airbnb Rental Income: $null Traditional Rental Income: $1957 Airbnb ROI: N/A Traditional ROI: 5.9%
411 N Washington Street Columbia City, IN Back On The Market! This 3 bedroom, 2 full bath home sits right in the heart of Columbia C...	3 beds \| 2 baths \| 1,404 sq.ft.	$154,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.97% Airbnb Rental Income: $null Traditional Rental Income: $1760 Airbnb ROI: N/A Traditional ROI: 8.97%
980 E Hawthorn Lane Columbia City, IN OPEN HOUSE HELD SUNDAYS 11-1:PM: UNDER CONSTRUCTION: Projected completion is September. 3 ...	3 beds \| 2 baths \| 1,681 sq.ft.	$329,918	Airbnb cash on cash: N/A Traditional cash on cash: 5.09% Airbnb Rental Income: $null Traditional Rental Income: $2244 Airbnb ROI: N/A Traditional ROI: 5.09%
531 Valley River Drive Columbia City, IN Brand New 4 bedroom 2.5 bath home in Timbers Edge. This home sits on a large lot that is p...	4 beds \| 3 baths \| 1,918 sq.ft.	$339,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.42% Airbnb Rental Income: $null Traditional Rental Income: $2733 Airbnb ROI: N/A Traditional ROI: 6.42%
106 Mulberry Street Columbia City, IN This charming updated two-bedroom home offers modern comfort and stylish updates. The kitc...	2 beds \| 1 baths \| 1,002 sq.ft.	$125,000	Airbnb cash on cash: 6.41% Traditional cash on cash: 6.93% Airbnb Rental Income: $1577 Traditional Rental Income: $1188 Airbnb ROI: 6.41% Traditional ROI: 6.93%
5595 N State Road 109 Columbia City, IN Welcome to this quality-built Cape Cod-style home offering over 3,600 sq ft of finished li...	5 beds \| 4 baths \| 3,641 sq.ft.	$649,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.22% Airbnb Rental Income: $null Traditional Rental Income: $3871 Airbnb ROI: N/A Traditional ROI: 4.22%
3125 E Butler Court Columbia City, IN Construction on this lovely Brooklyn floorplan built by Ideal Builders is underway! This a...	3 beds \| 2 baths \| 1,697 sq.ft.	$328,988	Airbnb cash on cash: N/A Traditional cash on cash: 5.24% Airbnb Rental Income: $null Traditional Rental Income: $2289 Airbnb ROI: N/A Traditional ROI: 5.24%
3042 E Butler Court Columbia City, IN Brand new home built by Ideal Builders under construction and soon to be ready for its fir...	3 beds \| 2 baths \| 1,507 sq.ft.	$317,983	Airbnb cash on cash: N/A Traditional cash on cash: 5.07% Airbnb Rental Income: $null Traditional Rental Income: $2164 Airbnb ROI: N/A Traditional ROI: 5.07%
1820 N Etna Road Columbia City, IN OPEN HOUSE - SATURDAY JULY 12TH FROM 10AM-12PM Welcome to this spacious and beautiful...	5 beds \| 3 baths \| 2,872 sq.ft.	$399,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.15% Airbnb Rental Income: $null Traditional Rental Income: $3373 Airbnb ROI: N/A Traditional ROI: 7.15%
4755 S Longmeadow Drive Columbia City, IN This home is back on the market at no fault of the sellers. The buyers got cold feet with-...	3 beds \| 2 baths \| 1,904 sq.ft.	$449,500	Airbnb cash on cash: N/A Traditional cash on cash: 4.11% Airbnb Rental Income: $null Traditional Rental Income: $2497 Airbnb ROI: N/A Traditional ROI: 4.11%
8 Blue River Drive Columbia City, IN This 2 bedroom 1 bath brick ranch conveniently located in Columbia City has had many updat...	2 beds \| 1 baths \| 1,025 sq.ft.	$149,900	Airbnb cash on cash: 5.43% Traditional cash on cash: 5.87% Airbnb Rental Income: $1577 Traditional Rental Income: $1188 Airbnb ROI: 5.43% Traditional ROI: 5.87%

Real Estate investment in Columbia-city, IN

There are 58 properties for sale in the city of Columbia City . The median list price in Columbia City is $278,750 and the average price per square foot is $138. In September 2025, the average monthly cash on cash return in Columbia City is 6.00%. The average monthly rental income in Columbia City is $2,245.

Columbia-city, IN Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 58 investment properties available for sale in Columbia-city.

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

The ROI for Long-Term is higher than the Short-Term in Columbia-city with average rental income of $2,245.

Your search for investment property begins and ends here

Investment Property for Sale in Columbia City, IN

319 Wallace Avenue

Columbia City, IN

3 beds | 1 baths | 1,248 sq.ft.

$169,900

Airbnb cash on cash: N/A

Traditional cash on cash: 7.12%

Airbnb Rental Income: $null

Traditional Rental Income: $1549

Airbnb ROI: N/A

Traditional ROI: 7.12%

1669 E Brookside Trail

Columbia City, IN

5 beds | 4 baths | 3,491 sq.ft.

$499,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.79%

Airbnb Rental Income: $null

Traditional Rental Income: $3760

Airbnb ROI: N/A

Traditional ROI: 5.79%

5548 N Willow Avenue

Columbia City, IN

2 beds | 2 baths | 1,040 sq.ft.

$250,000

Airbnb cash on cash: 2.84%

Traditional cash on cash: 5.61%

Airbnb Rental Income: $1577

Traditional Rental Income: $1779

Airbnb ROI: 2.84%

Traditional ROI: 5.61%

215 Collinwood Avenue

Columbia City, IN

2 beds | 1 baths | 938 sq.ft.

$139,900

Airbnb cash on cash: 6.29%

Traditional cash on cash: 5.72%

Airbnb Rental Income: $1577

Traditional Rental Income: $1048

Airbnb ROI: 6.29%

Traditional ROI: 5.72%

5499 N Fish Hatchery Road

Columbia City, IN

3 beds | 3 baths | 2,142 sq.ft.

$234,500

Airbnb cash on cash: N/A

Traditional cash on cash: 10.2%

Airbnb Rental Income: $null

Traditional Rental Income: $2763

Airbnb ROI: N/A

Traditional ROI: 10.2%

3297 E Sherman Street

Columbia City, IN

3 beds | 2 baths | 1,323 sq.ft.

$235,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.96%

Airbnb Rental Income: $null

Traditional Rental Income: $1779

Airbnb ROI: N/A

Traditional ROI: 5.96%

1325 E Greenbriar Drive

Columbia City, IN

3 beds | 4 baths | 3,265 sq.ft.

$449,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.58%

Airbnb Rental Income: $null

Traditional Rental Income: $3106

Airbnb ROI: N/A

Traditional ROI: 5.58%

3341 W Lincolnway Road

Columbia City, IN

2 beds | 2 baths | 2,806 sq.ft.

$228,500

Airbnb cash on cash: 3%

Traditional cash on cash: 7.54%

Airbnb Rental Income: $1577

Traditional Rental Income: $2108

Airbnb ROI: 3%