Real Estate Investment Properties for Sale in Elkhart, IN

Looking for investment property in Elkhart, IN with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
53815 Spring Mill West Drive Elkhart, IN Welcome to this stunning home blending spacious design with comfortable charm. Featuring 9...	3 beds \| 3 baths \| 2,382 sq.ft.	$325,000	Airbnb cash on cash: 1.42% Traditional cash on cash: 7.14% Airbnb Rental Income: $1548 Traditional Rental Income: $2849 Airbnb ROI: 1.42% Traditional ROI: 7.14%
23191 Greenleaf Boulevard Elkhart, IN If you are looking for a home with some land but not too far from the city, then this is t...	2 beds \| 1 baths \| 960 sq.ft.	$259,900	Airbnb cash on cash: 0.78% Traditional cash on cash: 3.95% Airbnb Rental Income: $1033 Traditional Rental Income: $1450 Airbnb ROI: 0.78% Traditional ROI: 3.95%
3427 Grady Boulevard Elkhart, IN Back on market no fault of sellers!! East Jackson Neighborhood !This home is picture perf...	3 beds \| 2 baths \| 1,370 sq.ft.	$250,000	Airbnb cash on cash: 2.55% Traditional cash on cash: 6.46% Airbnb Rental Income: $1548 Traditional Rental Income: $2023 Airbnb ROI: 2.55% Traditional ROI: 6.46%
100 S Michigan Street Elkhart, IN This is an exceptional opportunity for investors looking to expand their portfolio or ente...	8 beds \| 4 baths \| 5,970 sq.ft.	$398,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.87% Airbnb Rental Income: $null Traditional Rental Income: $1735 Airbnb ROI: N/A Traditional ROI: 2.87%
54574 Princess Avenue Elkhart, IN Are you looking for a nice house with plenty space for your family? This is it!! This hous...	3 beds \| 2 baths \| 2,296 sq.ft.	$250,000	Airbnb cash on cash: 2.58% Traditional cash on cash: 8.64% Airbnb Rental Income: $1548 Traditional Rental Income: $2532 Airbnb ROI: 2.58% Traditional ROI: 8.64%
58924 County Road 1 Elkhart, IN Uncover your own slice of paradise, nestled on nearly 7 acres along the tranquil Baugo Cre...	5 beds \| 3 baths \| 2,498 sq.ft.	$624,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.76% Airbnb Rental Income: $null Traditional Rental Income: $3204 Airbnb ROI: N/A Traditional ROI: 3.76%
56176 Riverdale Drive Elkhart, IN Completely updated in 2020, this dream retreat offers 2- master suites, deeded river acces...	4 beds \| 3 baths \| 1,936 sq.ft.	$310,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.45% Airbnb Rental Income: $null Traditional Rental Income: $3115 Airbnb ROI: N/A Traditional ROI: 8.45%
54614 Thrash Lane Elkhart, IN Beautifully maintained, sprawling ranch with over 2,000 sq ft on the main level. With ADA ...	3 beds \| 2 baths \| 2,639 sq.ft.	$405,000	Airbnb cash on cash: 0.7% Traditional cash on cash: 5.23% Airbnb Rental Income: $1548 Traditional Rental Income: $2820 Airbnb ROI: 0.7% Traditional ROI: 5.23%
24565 Golf Drive Elkhart, IN Welcome to your new home! This charming, updated 3-bedroom, 1.5-bath residence offers four...	3 beds \| 2 baths \| 2,796 sq.ft.	$264,777	Airbnb cash on cash: 2.32% Traditional cash on cash: 8.22% Airbnb Rental Income: $1548 Traditional Rental Income: $2573 Airbnb ROI: 2.32% Traditional ROI: 8.22%
128 Homan Avenue Elkhart, IN This beautifully maintained home offers exceptional curb appeal and a welcoming atmosphere...	3 beds \| 2 baths \| 1,550 sq.ft.	$229,900	Airbnb cash on cash: 3.03% Traditional cash on cash: 8.11% Airbnb Rental Income: $1548 Traditional Rental Income: $2207 Airbnb ROI: 3.03% Traditional ROI: 8.11%
23697 Greenleaf Boulevard Elkhart, IN Welcome to Greenleaf Blvd, don't let this one fool you because it's bigger than it looks. ...	4 beds \| 2 baths \| 1,889 sq.ft.	$280,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.9% Airbnb Rental Income: $null Traditional Rental Income: $2593 Airbnb ROI: N/A Traditional ROI: 7.9%
23337 Shorelane Elkhart, IN If youâve always dreamed of living by the water, this is your golden opportunity! Locate...	4 beds \| 3 baths \| 2,423 sq.ft.	$439,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.37% Airbnb Rental Income: $null Traditional Rental Income: $3399 Airbnb ROI: N/A Traditional ROI: 6.37%
58528 County Road 13 Elkhart, IN Inviting, Charming and move-in-ready updated home! With a delightful open-concept design t...	2 beds \| 2 baths \| 1,219 sq.ft.	$199,900	Airbnb cash on cash: 1.68% Traditional cash on cash: 7.45% Airbnb Rental Income: $1033 Traditional Rental Income: $1766 Airbnb ROI: 1.68% Traditional ROI: 7.45%
57716 Amber Valley Drive Elkhart, IN Open House this Sunday (8/10/25) 2-4pm!!!FURTHER PRICE ADJUSTMENT!!! VERY MOTIVATED SELLER...	4 beds \| 3 baths \| 2,603 sq.ft.	$460,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.7% Airbnb Rental Income: $null Traditional Rental Income: $3347 Airbnb ROI: N/A Traditional ROI: 5.7%
824 W Lusher Avenue Elkhart, IN Welcome to this inviting 2-bedroom, 1-bath ranch nestled on a generous double lot, offerin...	2 beds \| 1 baths \| 1,008 sq.ft.	$135,000	Airbnb cash on cash: 3.02% Traditional cash on cash: 10.65% Airbnb Rental Income: $1033 Traditional Rental Income: $1660 Airbnb ROI: 3.02% Traditional ROI: 10.65%
337 W Blaine Avenue Elkhart, IN Beautiful, move-in ready home with updates from 4 years ago, including new roof, new windo...	3 beds \| 1 baths \| 1,624 sq.ft.	$140,000	Airbnb cash on cash: 5.38% Traditional cash on cash: 9.27% Airbnb Rental Income: $1548 Traditional Rental Income: $1623 Airbnb ROI: 5.38% Traditional ROI: 9.27%
23433 Broadwood Drive Elkhart, IN Charming 4-Bedroom, 2-Bath Multi-Level Home with Modern Updates! Step into comfort and sty...	4 beds \| 2 baths \| 1,620 sq.ft.	$269,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.93% Airbnb Rental Income: $null Traditional Rental Income: $2261 Airbnb ROI: N/A Traditional ROI: 6.93%
29299 Raintree Court Elkhart, IN Open House - Sunday, September 7, 2025 from 1:00-3:00pm. Spacious Home in Jimtown Schools...	3 beds \| 3 baths \| 2,314 sq.ft.	$359,900	Airbnb cash on cash: 1.27% Traditional cash on cash: 7.09% Airbnb Rental Income: $1548 Traditional Rental Income: $3067 Airbnb ROI: 1.27% Traditional ROI: 7.09%
128 S Highland Avenue Elkhart, IN CHARMING!! As you arrive you are greeted with the covered front porch. This 2 bedroom 1 ...	2 beds \| 2 baths \| 1,220 sq.ft.	$189,900	Airbnb cash on cash: 1.57% Traditional cash on cash: 7.63% Airbnb Rental Income: $1033 Traditional Rental Income: $1767 Airbnb ROI: 1.57% Traditional ROI: 7.63%
3800 Augusta Lane Elkhart, IN This incredible Executive Home is situated on Bent Oak Golf Course...abounds with beautifu...	4 beds \| 5 baths \| 4,067 sq.ft.	$599,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.49% Airbnb Rental Income: $null Traditional Rental Income: $5365 Airbnb ROI: N/A Traditional ROI: 7.49%
1722 Fortino Court #B Elkhart, IN Welcome to this beautifully refreshed 2-bedroom, 1.5-bath condo in the highly desirable Wa...	2 beds \| 2 baths \| 1,246 sq.ft.	$172,000	Airbnb cash on cash: 1.38% Traditional cash on cash: 7.95% Airbnb Rental Income: $1033 Traditional Rental Income: $1749 Airbnb ROI: 1.38% Traditional ROI: 7.95%
1536 EDWARDSUBRG AVE Elkhart, IN Invest with success and buy through Auction.com. This bank-owned investment property is a ...	3 beds \| 1 baths \| 1,870 sq.ft.	$188,000	Airbnb cash on cash: 4.62% Traditional cash on cash: 7.47% Airbnb Rental Income: $1548 Traditional Rental Income: $1611 Airbnb ROI: 4.62% Traditional ROI: 7.47%
54212 Highland Boulevard Elkhart, IN Great starter or investment home on nearly half an acre! Fully fenced back yard ~ detache...	2 beds \| 1 baths \| 925 sq.ft.	$140,000	Airbnb cash on cash: 2.91% Traditional cash on cash: 5.69% Airbnb Rental Income: $1033 Traditional Rental Income: $1045 Airbnb ROI: 2.91% Traditional ROI: 5.69%
1030 Middlebury Street Elkhart, IN Updated two bedroom two bath home close to downtown restaurants, shopping, and the Riverwa...	2 beds \| 2 baths \| 1,324 sq.ft.	$142,900	Airbnb cash on cash: 2.69% Traditional cash on cash: 11.35% Airbnb Rental Income: $1033 Traditional Rental Income: $1858 Airbnb ROI: 2.69% Traditional ROI: 11.35%
519 James Street Elkhart, IN Welcome to this beautifully updated 3-bedroom, 1-bath home that's ready for you to move ri...	3 beds \| 1 baths \| 1,410 sq.ft.	$179,900	Airbnb cash on cash: 4.26% Traditional cash on cash: 4.34% Airbnb Rental Income: $1548 Traditional Rental Income: $1116 Airbnb ROI: 4.26% Traditional ROI: 4.34%
1007 Mason Street Elkhart, IN Check out this three bedroom home with one full bathroom updated with all new flooring, ca...	3 beds \| 1 baths \| 1,424 sq.ft.	$137,900	Airbnb cash on cash: 5.83% Traditional cash on cash: 9.24% Airbnb Rental Income: $1548 Traditional Rental Income: $1552 Airbnb ROI: 5.83% Traditional ROI: 9.24%
21066 State Road 120 Elkhart, IN Welcome to this beautiful two story 4 bedroom, 2.5 bath home offering vintage charm with m...	4 beds \| 3 baths \| 4,236 sq.ft.	$409,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.45% Airbnb Rental Income: $null Traditional Rental Income: $2062 Airbnb ROI: N/A Traditional ROI: 3.45%
51558 Walerko Road Elkhart, IN Welcome to this charming 5-bedroom, 2-bath home located in a quiet subdivision in Elkhart,...	5 beds \| 2 baths \| 2,419 sq.ft.	$399,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.48% Airbnb Rental Income: $null Traditional Rental Income: $1851 Airbnb ROI: N/A Traditional ROI: 2.48%
52255 Winding Waters Lane Elkhart, IN Are You dreaming of a beautiful waterfront property in the most tranquil setting-nestled a...	3 beds \| 3 baths \| 3,077 sq.ft.	$497,200	Airbnb cash on cash: 0.46% Traditional cash on cash: 2.24% Airbnb Rental Income: $1548 Traditional Rental Income: $1929 Airbnb ROI: 0.46% Traditional ROI: 2.24%
29636 County Road 22 Elkhart, IN Beat the summer heat in style with your own 18'x32' private inground pool! This well-cared...	3 beds \| 2 baths \| 1,960 sq.ft.	$289,900	Airbnb cash on cash: 2.05% Traditional cash on cash: 4.27% Airbnb Rental Income: $1548 Traditional Rental Income: $1707 Airbnb ROI: 2.05% Traditional ROI: 4.27%
226 State Street Elkhart, IN Move right into this three bedroom one bath home close to downtown Elkhart on a double lot...	3 beds \| 1 baths \| 1,440 sq.ft.	$170,900	Airbnb cash on cash: 4.26% Traditional cash on cash: 7.55% Airbnb Rental Income: $1548 Traditional Rental Income: $1637 Airbnb ROI: 4.26% Traditional ROI: 7.55%
641 W Lexington Avenue Elkhart, IN OPEN HOUSE SATURDAY, JULY 12, 2025 FROM 1-3. Spacious and full of character, this 5 bedro...	5 beds \| 2 baths \| 1,800 sq.ft.	$159,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.92% Airbnb Rental Income: $null Traditional Rental Income: $2019 Airbnb ROI: N/A Traditional ROI: 9.92%
53685 Sweetspire Trail Elkhart, IN OPEN HOUSE Aug 23 from 2-4pm!! Charming 1-Story in Woodside Estates! This well-maintained ...	3 beds \| 3 baths \| 2,337 sq.ft.	$334,900	Airbnb cash on cash: 1.47% Traditional cash on cash: 7.07% Airbnb Rental Income: $1548 Traditional Rental Income: $2865 Airbnb ROI: 1.47% Traditional ROI: 7.07%
806 Clarinet Boulevard Elkhart, IN Great condo that's affordable and ready for new owners. Move right into this well-kept and...	2 beds \| 1 baths \| 783 sq.ft.	$110,500	Airbnb cash on cash: 2.43% Traditional cash on cash: 6.03% Airbnb Rental Income: $1033 Traditional Rental Income: $1057 Airbnb ROI: 2.43% Traditional ROI: 6.03%
28998 County Road 26 Elkhart, IN Many updates, but still a little rustic on this just shy of 3.5 acre property on the creek...	2 beds \| 1 baths \| 1,072 sq.ft.	$255,000	Airbnb cash on cash: 0.48% Traditional cash on cash: 4.57% Airbnb Rental Income: $1033 Traditional Rental Income: $1656 Airbnb ROI: 0.48% Traditional ROI: 4.57%
419 W High Street Elkhart, IN The moment you step through the front door your feet touch gleaming hardwood floors with a...	4 beds \| 2 baths \| 2,110 sq.ft.	$257,400	Airbnb cash on cash: N/A Traditional cash on cash: 7.93% Airbnb Rental Income: $null Traditional Rental Income: $2496 Airbnb ROI: N/A Traditional ROI: 7.93%
58350 Summer Wind Court Elkhart, IN !! NEW NEW NEW !! That's the theme with this beautifully restored, open-concept ranch home...	4 beds \| 2 baths \| 2,252 sq.ft.	$369,999	Airbnb cash on cash: N/A Traditional cash on cash: 5.75% Airbnb Rental Income: $null Traditional Rental Income: $2664 Airbnb ROI: N/A Traditional ROI: 5.75%
3009 East Lake Drive South Elkhart, IN Popular East Lake Estates on the North side of Elkhart is where this home is located and s...	4 beds \| 3 baths \| 2,947 sq.ft.	$390,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.7% Airbnb Rental Income: $null Traditional Rental Income: $3111 Airbnb ROI: N/A Traditional ROI: 6.7%
28831 Driftwood Drive Elkhart, IN Fully remodeled one-story home in the Jimtown School District. Every inch from the in...	3 beds \| 1 baths \| 910 sq.ft.	$180,000	Airbnb cash on cash: 4.6% Traditional cash on cash: 8.15% Airbnb Rental Income: $1548 Traditional Rental Income: $1708 Airbnb ROI: 4.6% Traditional ROI: 8.15%
56328 Burr Street Elkhart, IN Welcome home! This absolutely adorable 3-bedroom home in the Baugo School System is full ...	3 beds \| 2 baths \| 1,080 sq.ft.	$189,900	Airbnb cash on cash: 3.59% Traditional cash on cash: 5.12% Airbnb Rental Income: $1548 Traditional Rental Income: $1376 Airbnb ROI: 3.59% Traditional ROI: 5.12%

Real Estate investment in Elkhart, IN

There are 161 properties for sale in the city of Elkhart . The median list price in Elkhart is $269,000 and the average price per square foot is $127. In September 2025, the average monthly cash on cash return in Elkhart is 7.00%. The average monthly rental income in Elkhart is $2,370.

Elkhart, IN Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 161 investment properties available for sale in Elkhart.

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

The ROI for Long-Term is higher than the Short-Term in Elkhart with average rental income of $2,370.

Your search for investment property begins and ends here

Investment Property for Sale in Elkhart, IN

53815 Spring Mill West Drive

Elkhart, IN

3 beds | 3 baths | 2,382 sq.ft.

$325,000

Airbnb cash on cash: 1.42%

Traditional cash on cash: 7.14%

Airbnb Rental Income: $1548

Traditional Rental Income: $2849

Airbnb ROI: 1.42%

Traditional ROI: 7.14%

23191 Greenleaf Boulevard

Elkhart, IN

2 beds | 1 baths | 960 sq.ft.

$259,900

Airbnb cash on cash: 0.78%

Traditional cash on cash: 3.95%

Airbnb Rental Income: $1033

Traditional Rental Income: $1450

Airbnb ROI: 0.78%

Traditional ROI: 3.95%

3427 Grady Boulevard

Elkhart, IN

3 beds | 2 baths | 1,370 sq.ft.

$250,000

Airbnb cash on cash: 2.55%

Traditional cash on cash: 6.46%

Airbnb Rental Income: $1548

Traditional Rental Income: $2023

Airbnb ROI: 2.55%

Traditional ROI: 6.46%

100 S Michigan Street

Elkhart, IN

8 beds | 4 baths | 5,970 sq.ft.

$398,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.87%

Airbnb Rental Income: $null

Traditional Rental Income: $1735

Airbnb ROI: N/A

Traditional ROI: 2.87%

54574 Princess Avenue

Elkhart, IN

3 beds | 2 baths | 2,296 sq.ft.

$250,000

Airbnb cash on cash: 2.58%

Traditional cash on cash: 8.64%

Airbnb Rental Income: $1548

Traditional Rental Income: $2532

Airbnb ROI: 2.58%

Traditional ROI: 8.64%

58924 County Road 1

Elkhart, IN

5 beds | 3 baths | 2,498 sq.ft.

$624,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.76%

Airbnb Rental Income: $null

Traditional Rental Income: $3204

Airbnb ROI: N/A

Traditional ROI: 3.76%

56176 Riverdale Drive

Elkhart, IN

4 beds | 3 baths | 1,936 sq.ft.

$310,000

Airbnb cash on cash: N/A

Traditional cash on cash: 8.45%

Airbnb Rental Income: $null

Traditional Rental Income: $3115

Airbnb ROI: N/A

Traditional ROI: 8.45%

54614 Thrash Lane

Elkhart, IN

3 beds | 2 baths | 2,639 sq.ft.

$405,000

Airbnb cash on cash: 0.7%

Traditional cash on cash: 5.23%

Airbnb Rental Income: $1548

Traditional Rental Income: $2820

Airbnb ROI: 0.7%