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
23430 Bluff Crest Drive Elkhart, IN Fantastic 2 story custom built in 1994. Over 4000 Sqft, Bedrooms for everyone, 3 full bath...	5 beds \| 3 baths \| 5,432 sq.ft.	$639,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.06% Airbnb Rental Income: $null Traditional Rental Income: $3671 Airbnb ROI: N/A Traditional ROI: 4.06%
1077 Greenleaf Boulevard Elkhart, IN Welcome Home to Greenleaf Condominiums #210! Discover this rare 1,717 sq. ft. end-unit tha...	3 beds \| 2 baths \| 1,717 sq.ft.	$310,000	Airbnb cash on cash: -0.84% Traditional cash on cash: 2.84% Airbnb Rental Income: $1362 Traditional Rental Income: $2018 Airbnb ROI: -0.84% Traditional ROI: 2.84%
54039 County Road 5 Elkhart, IN BACK ON MARKET DUE TO NO FAULT OF THE SELLER Looking for a project house that needs so...	2 beds \| 1 baths \| 1,080 sq.ft.	$150,000	Airbnb cash on cash: 3.58% Traditional cash on cash: 8.72% Airbnb Rental Income: $1211 Traditional Rental Income: $1559 Airbnb ROI: 3.58% Traditional ROI: 8.72%
53815 Spring Mill West Drive Elkhart, IN This wonderful home features a New Roof (2023 - with transferable warranty), huge backyard...	3 beds \| 3 baths \| 2,382 sq.ft.	$318,000	Airbnb cash on cash: 0.95% Traditional cash on cash: 7.32% Airbnb Rental Income: $1362 Traditional Rental Income: $2849 Airbnb ROI: 0.95% Traditional ROI: 7.32%
22828 Greenleaf Boulevard Elkhart, IN Welcome to this meticulously cared-for home on Greenleaf Boulevard. From top to bottom, th...	2 beds \| 1 baths \| 988 sq.ft.	$262,000	Airbnb cash on cash: 1.56% Traditional cash on cash: 4.12% Airbnb Rental Income: $1211 Traditional Rental Income: $1454 Airbnb ROI: 1.56% Traditional ROI: 4.12%
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.	$375,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.1% Airbnb Rental Income: $null Traditional Rental Income: $1735 Airbnb ROI: N/A Traditional ROI: 3.1%
215 Kenyon Avenue Elkhart, IN Discover this beautifully updated 3 bedroom 2 bath home that's move in ready! The eat in k...	3 beds \| 2 baths \| 1,600 sq.ft.	$259,900	Airbnb cash on cash: 1.63% Traditional cash on cash: 7.3% Airbnb Rental Income: $1362 Traditional Rental Income: $2337 Airbnb ROI: 1.63% Traditional ROI: 7.3%
51230 Stratford Drive Elkhart, IN The unique features in and around this home are truly amazing~you wonât find another one...	3 beds \| 3 baths \| 3,252 sq.ft.	$500,000	Airbnb cash on cash: 0.09% Traditional cash on cash: 3.7% Airbnb Rental Income: $1362 Traditional Rental Income: $2634 Airbnb ROI: 0.09% Traditional ROI: 3.7%
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: 1.92% Traditional cash on cash: 8.64% Airbnb Rental Income: $1362 Traditional Rental Income: $2532 Airbnb ROI: 1.92% 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.	$599,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.95% Airbnb Rental Income: $null Traditional Rental Income: $3204 Airbnb ROI: N/A Traditional ROI: 3.95%
124 S Vine Street Elkhart, IN Charming all-brick, two-story home featuring oak hardwood floors throughout and stunning h...	3 beds \| 2 baths \| 1,732 sq.ft.	$200,000	Airbnb cash on cash: 2.61% Traditional cash on cash: 9.4% Airbnb Rental Income: $1362 Traditional Rental Income: $2235 Airbnb ROI: 2.61% Traditional ROI: 9.4%
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.	$389,900	Airbnb cash on cash: 0.34% Traditional cash on cash: 5.47% Airbnb Rental Income: $1362 Traditional Rental Income: $2820 Airbnb ROI: 0.34% Traditional ROI: 5.47%
418 Myrtle Street Elkhart, IN This charming 3 bed, 1 bath home offers 1,080 sq ft of comfort and convenience. Built in 1...	3 beds \| 1 baths \| 1,080 sq.ft.	$159,000	Airbnb cash on cash: 3.99% Traditional cash on cash: 7.66% Airbnb Rental Income: $1362 Traditional Rental Income: $1504 Airbnb ROI: 3.99% Traditional ROI: 7.66%
311 S West Boulevard Elkhart, IN This charming all brick ranch has a ton of character and a lot of possibilities. Featuring...	2 beds \| 2 baths \| 1,793 sq.ft.	$209,900	Airbnb cash on cash: 1.75% Traditional cash on cash: 9.37% Airbnb Rental Income: $1211 Traditional Rental Income: $2335 Airbnb ROI: 1.75% Traditional ROI: 9.37%
23697 Greenleaf Boulevard Elkhart, IN Price Reduction! Welcome to Greenleaf Blvd, don't let this one fool you because it's bigge...	4 beds \| 2 baths \| 1,889 sq.ft.	$270,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.22% Airbnb Rental Income: $null Traditional Rental Income: $2593 Airbnb ROI: N/A Traditional ROI: 8.22%
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.	$384,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.41% Airbnb Rental Income: $null Traditional Rental Income: $3399 Airbnb ROI: N/A Traditional ROI: 7.41%
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: 2.46% Traditional cash on cash: 7.45% Airbnb Rental Income: $1211 Traditional Rental Income: $1766 Airbnb ROI: 2.46% Traditional ROI: 7.45%
23715 E Wilshire Boulevard Elkhart, IN Professional pictures available Saturday 9/6 and showings can start 9/7. Tucked away on a ...	3 beds \| 3 baths \| 2,363 sq.ft.	$395,000	Airbnb cash on cash: 0.4% Traditional cash on cash: 6.22% Airbnb Rental Income: $1362 Traditional Rental Income: $3103 Airbnb ROI: 0.4% Traditional ROI: 6.22%
29299 Raintree Court Elkhart, IN A Place to Call Home: Spacious 3-Bedroom, 2.5-Bath Retreat in Jimtown Schools District Nes...	3 beds \| 3 baths \| 2,314 sq.ft.	$349,900	Airbnb cash on cash: 0.87% Traditional cash on cash: 7.32% Airbnb Rental Income: $1362 Traditional Rental Income: $3067 Airbnb ROI: 0.87% Traditional ROI: 7.32%
1534 Cone Street Elkhart, IN Investment Opportunity! This charming 2-bedroom, 1-bath home is tenant-occupied with lease...	2 beds \| 1 baths \| 1,056 sq.ft.	$154,000	Airbnb cash on cash: 3.1% Traditional cash on cash: 7.07% Airbnb Rental Income: $1211 Traditional Rental Income: $1405 Airbnb ROI: 3.1% Traditional ROI: 7.07%
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: 2.28% Traditional cash on cash: 7.95% Airbnb Rental Income: $1211 Traditional Rental Income: $1749 Airbnb ROI: 2.28% 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: 3.75% Traditional cash on cash: 7.47% Airbnb Rental Income: $1362 Traditional Rental Income: $1611 Airbnb ROI: 3.75% Traditional ROI: 7.47%
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: 3.77% Traditional cash on cash: 11.35% Airbnb Rental Income: $1211 Traditional Rental Income: $1858 Airbnb ROI: 3.77% Traditional ROI: 11.35%
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: 4.66% Traditional cash on cash: 9.24% Airbnb Rental Income: $1362 Traditional Rental Income: $1552 Airbnb ROI: 4.66% Traditional ROI: 9.24%
23791 Kime Avenue Elkhart, IN Open House Sunday 10/5/25 CANCELLED Settle in and enjoy this beautifully renovated ho...	3 beds \| 2 baths \| 916 sq.ft.	$199,900	Airbnb cash on cash: 2.55% Traditional cash on cash: 9.33% Airbnb Rental Income: $1362 Traditional Rental Income: $2234 Airbnb ROI: 2.55% Traditional ROI: 9.33%
1706 Cobblestone Boulevard Elkhart, IN Start Showing Date: 10/27/2025 Welcome to this charming three-bedroom, two-bathroom villa ...	3 beds \| 2 baths \| 1,725 sq.ft.	$355,000	Airbnb cash on cash: 0.56% Traditional cash on cash: 2.23% Airbnb Rental Income: $1362 Traditional Rental Income: $1502 Airbnb ROI: 0.56% Traditional ROI: 2.23%
1326 Freda Drive #c Elkhart, IN Welcome to Low-maintenance living at its best! This beautifully updated 3- bedroom...	3 beds \| 3 baths \| 1,548 sq.ft.	$215,000	Airbnb cash on cash: 0.79% Traditional cash on cash: 3.17% Airbnb Rental Income: $1362 Traditional Rental Income: $1431 Airbnb ROI: 0.79% Traditional ROI: 3.17%
28111 Fieldhouse Avenue Elkhart, IN Discover this spacious and affordable home in the desirable Jimtown School District! Offer...	2 beds \| 2 baths \| 1,040 sq.ft.	$205,000	Airbnb cash on cash: 2.12% Traditional cash on cash: 5.21% Airbnb Rental Income: $1211 Traditional Rental Income: $1422 Airbnb ROI: 2.12% Traditional ROI: 5.21%
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.	$279,900	Airbnb cash on cash: 1.57% Traditional cash on cash: 4.45% Airbnb Rental Income: $1362 Traditional Rental Income: $1707 Airbnb ROI: 1.57% Traditional ROI: 4.45%
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: 0.97% Traditional cash on cash: 7.07% Airbnb Rental Income: $1362 Traditional Rental Income: $2865 Airbnb ROI: 0.97% Traditional ROI: 7.07%
22147 Sunset Lane Elkhart, IN MUST SEE HOME - Wake up to amazing river views! This turnkey Riverlan Isles retreat offers...	3 beds \| 3 baths \| 1,878 sq.ft.	$569,500	Airbnb cash on cash: -0.47% Traditional cash on cash: 2.89% Airbnb Rental Income: $1362 Traditional Rental Income: $2734 Airbnb ROI: -0.47% Traditional ROI: 2.89%
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: 3.82% Traditional cash on cash: 6.03% Airbnb Rental Income: $1211 Traditional Rental Income: $1057 Airbnb ROI: 3.82% Traditional ROI: 6.03%
225 W Washington Elkhart, IN Located close to all that downtown Elkhart has to offer like the Riverwalk, restaurants, s...	4 beds \| 2 baths \| 1,512 sq.ft.	$169,900	Airbnb cash on cash: N/A Traditional cash on cash: 10.56% Airbnb Rental Income: $null Traditional Rental Income: $2078 Airbnb ROI: N/A Traditional ROI: 10.56%
54290 Northwood Drive Elkhart, IN Welcome home to 54290 Northwood Drive! This fully remodeled home in Elkhart features 3 bed...	3 beds \| 1 baths \| 1,008 sq.ft.	$199,900	Airbnb cash on cash: 3.44% Traditional cash on cash: 6.45% Airbnb Rental Income: $1362 Traditional Rental Income: $1517 Airbnb ROI: 3.44% Traditional ROI: 6.45%
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.	$252,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.09% Airbnb Rental Income: $null Traditional Rental Income: $2496 Airbnb ROI: N/A Traditional ROI: 8.09%
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.	$379,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.91% Airbnb Rental Income: $null Traditional Rental Income: $3111 Airbnb ROI: N/A Traditional ROI: 6.91%
23714 US Highway 33 Elkhart, IN Spacious 5-Bedroom Home with Special Use Permit for Salon â Ideal Live/Work Opportunity!...	5 beds \| 3 baths \| 2,840 sq.ft.	$299,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.27% Airbnb Rental Income: $null Traditional Rental Income: $3347 Airbnb ROI: N/A Traditional ROI: 9.27%
51248 N Shore Drive Elkhart, IN Are you in search of the perfect waterfront sanctuary on a ski lake? Look no further than ...	3 beds \| 3 baths \| 1,482 sq.ft.	$639,900	Airbnb cash on cash: -0.63% Traditional cash on cash: 2.19% Airbnb Rental Income: $1362 Traditional Rental Income: $2629 Airbnb ROI: -0.63% Traditional ROI: 2.19%
950 E Jackson, 201 Boulevard Elkhart, IN Looking for an amazing waterfront retreat. Steps away from the water for fishing, skiing, ...	3 beds \| 4 baths \| 2,591 sq.ft.	$995,000	Airbnb cash on cash: -3.24% Traditional cash on cash: 0.45% Airbnb Rental Income: $1362 Traditional Rental Income: $4357 Airbnb ROI: -3.24% Traditional ROI: 0.45%
1028 Denver Street Elkhart, IN Recently renovated 2-bedroom, 1-bath home on a quiet cul-de-sac near the East Jackson neig...	2 beds \| 1 baths \| 1,056 sq.ft.	$188,500	Airbnb cash on cash: 2.74% Traditional cash on cash: 4.9% Airbnb Rental Income: $1211 Traditional Rental Income: $1208 Airbnb ROI: 2.74% Traditional ROI: 4.9%

Real Estate investment in Elkhart, IN

There are 161 properties for sale in the city of Elkhart . The median list price in Elkhart is $266,500 and the average price per square foot is $127. In October 2025, the average monthly cash on cash return in Elkhart is 7.00%. The average monthly rental income in Elkhart is $2,373.

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 $2,373.

Your search for investment property begins and ends here

Investment Property for Sale in Elkhart, IN

23430 Bluff Crest Drive

Elkhart, IN

5 beds | 3 baths | 5,432 sq.ft.

$639,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.06%

Airbnb Rental Income: $null

Traditional Rental Income: $3671

Airbnb ROI: N/A

Traditional ROI: 4.06%

1077 Greenleaf Boulevard

Elkhart, IN

3 beds | 2 baths | 1,717 sq.ft.

$310,000

Airbnb cash on cash: -0.84%

Traditional cash on cash: 2.84%

Airbnb Rental Income: $1362

Traditional Rental Income: $2018

Airbnb ROI: -0.84%

Traditional ROI: 2.84%

54039 County Road 5

Elkhart, IN

2 beds | 1 baths | 1,080 sq.ft.

$150,000

Airbnb cash on cash: 3.58%

Traditional cash on cash: 8.72%

Airbnb Rental Income: $1211

Traditional Rental Income: $1559

Airbnb ROI: 3.58%

Traditional ROI: 8.72%

53815 Spring Mill West Drive

Elkhart, IN

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

$318,000

Airbnb cash on cash: 0.95%

Traditional cash on cash: 7.32%

Airbnb Rental Income: $1362

Traditional Rental Income: $2849

Airbnb ROI: 0.95%

Traditional ROI: 7.32%

22828 Greenleaf Boulevard

Elkhart, IN

2 beds | 1 baths | 988 sq.ft.

$262,000

Airbnb cash on cash: 1.56%

Traditional cash on cash: 4.12%

Airbnb Rental Income: $1211

Traditional Rental Income: $1454

Airbnb ROI: 1.56%

Traditional ROI: 4.12%

100 S Michigan Street

Elkhart, IN

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

$375,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.1%

Airbnb Rental Income: $null

Traditional Rental Income: $1735

Airbnb ROI: N/A

Traditional ROI: 3.1%

215 Kenyon Avenue

Elkhart, IN

3 beds | 2 baths | 1,600 sq.ft.

$259,900

Airbnb cash on cash: 1.63%

Traditional cash on cash: 7.3%

Airbnb Rental Income: $1362

Traditional Rental Income: $2337

Airbnb ROI: 1.63%

Traditional ROI: 7.3%

51230 Stratford Drive

Elkhart, IN

3 beds | 3 baths | 3,252 sq.ft.

$500,000

Airbnb cash on cash: 0.09%

Traditional cash on cash: 3.7%

Airbnb Rental Income: $1362

Traditional Rental Income: $2634

Airbnb ROI: 0.09%