Real Estate Investment Properties for Sale in Elwood, IN

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
2415 N A Street Elwood, IN Welcome home to this beautifully maintained Ranch-style retreat, offering 3 spacious Bedro...	3 beds \| 2 baths \| 1,168 sq.ft.	$195,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.1% Airbnb Rental Income: $null Traditional Rental Income: $1644 Airbnb ROI: N/A Traditional ROI: 7.1%
1230 S 25th Street Elwood, IN Nestled on a spacious two-parcel corner lot, this farmhouse-inspired home combines timeles...	3 beds \| 1 baths \| 1,192 sq.ft.	$217,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.14% Airbnb Rental Income: $null Traditional Rental Income: $1573 Airbnb ROI: N/A Traditional ROI: 6.14%
9080 W Forest Drive Elwood, IN SINGLE FAMILY HOME plus GUEST COTTAGE HOUSE with 2335 Sq. Ft combined. Discover the perfe...	2 beds \| 1 baths \| 1,494 sq.ft.	$249,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.35% Airbnb Rental Income: $null Traditional Rental Income: $1082 Airbnb ROI: N/A Traditional ROI: 2.35%
1500 S Anderson Street Elwood, IN A well-maintained single-family home is move- in ready and perfectly situated on a spaciou...	3 beds \| 2 baths \| 2,268 sq.ft.	$225,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.96% Airbnb Rental Income: $null Traditional Rental Income: $2329 Airbnb ROI: N/A Traditional ROI: 8.96%
1309 N 8th Street Elwood, IN BRAND NEW!! EXCITING!! Ranch style home offering a 3 Bedrooms, 2 Full Bath Ranch with a t...	3 beds \| 2 baths \| 1,560 sq.ft.	$329,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.16% Airbnb Rental Income: $null Traditional Rental Income: $2076 Airbnb ROI: N/A Traditional ROI: 5.16%
1820 S M Street Elwood, IN Cute, remodeled, three bedroom bungalow in Elwood on a nice quiet street. Newer furnace a...	3 beds \| 1 baths \| 1,012 sq.ft.	$132,500	Airbnb cash on cash: N/A Traditional cash on cash: 7.78% Airbnb Rental Income: $null Traditional Rental Income: $1300 Airbnb ROI: N/A Traditional ROI: 7.78%
611 N Anderson Street Elwood, IN This charming 3-bedroom, 1-bath home offers the perfect mix of comfort and convenience. Re...	3 beds \| 1 baths \| 1,615 sq.ft.	$164,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.51% Airbnb Rental Income: $null Traditional Rental Income: $1489 Airbnb ROI: N/A Traditional ROI: 6.51%
615 N Anderson Street Elwood, IN Beautifully remodeled and move-in ready, this home offers peace of mind with brand-new upd...	4 beds \| 2 baths \| 1,476 sq.ft.	$193,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.08% Airbnb Rental Income: $null Traditional Rental Income: $2023 Airbnb ROI: N/A Traditional ROI: 9.08%
1300 N F Street Elwood, IN This charming residence sits on nearly half an acre, offering a perfect blend of privacy a...	3 beds \| 1 baths \| 2,000 sq.ft.	$215,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.51% Airbnb Rental Income: $null Traditional Rental Income: $1552 Airbnb ROI: N/A Traditional ROI: 5.51%
2321 S A Street Elwood, IN Welcome to this charming 3-bedroom, 2-bath home that perfectly blends character, space, an...	3 beds \| 2 baths \| 1,264 sq.ft.	$145,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.13% Airbnb Rental Income: $null Traditional Rental Income: $1589 Airbnb ROI: N/A Traditional ROI: 9.13%
823 N A Street Elwood, IN Discover the charm of 823 N A ST, Elwood, IN. Offering 1262 square feet of living area, ...	3 beds \| 2 baths \| 1,262 sq.ft.	$184,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.9% Airbnb Rental Income: $null Traditional Rental Income: $1705 Airbnb ROI: N/A Traditional ROI: 7.9%
2334 S B Street Elwood, IN Enjoy this spacious 2 Bedroom/1 updated full bath Elwood charmer with a great layout and f...	2 beds \| 1 baths \| 1,529 sq.ft.	$135,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.13% Airbnb Rental Income: $null Traditional Rental Income: $1471 Airbnb ROI: N/A Traditional ROI: 9.13%
7786 E State Road 28 Road Elwood, IN 3 bedrooms plus a den that could be used as a 4th bedroom or an office. 3 lots. 2 car gara...	3 beds \| 1 baths \| 1,506 sq.ft.	$170,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.77% Airbnb Rental Income: $null Traditional Rental Income: $1512 Airbnb ROI: N/A Traditional ROI: 6.77%
7786 E State Road 28 Elwood, IN 3 bedrooms plus a den that could be used as a 4th bedroom or an office. 3 lots. 2 car gara...	3 beds \| 1 baths \| 1,506 sq.ft.	$170,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.2% Airbnb Rental Income: $null Traditional Rental Income: $1562 Airbnb ROI: N/A Traditional ROI: 7.2%
2536 S E Street Elwood, IN Welcome home to this incredibly inviting 2-bedroom, 1.5-story gem nestled in the heart of ...	2 beds \| 1 baths \| 2,030 sq.ft.	$149,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.57% Airbnb Rental Income: $null Traditional Rental Income: $1390 Airbnb ROI: N/A Traditional ROI: 7.57%
2705 S B Street Elwood, IN Welcome to this beautifully updated ranch in the heart of Elwood! Step inside to a sun-dre...	2 beds \| 1 baths \| 962 sq.ft.	$172,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.69% Airbnb Rental Income: $null Traditional Rental Income: $1285 Airbnb ROI: N/A Traditional ROI: 5.69%
2731 Main Street Elwood, IN Welcome to 2731 Main Street, a beautifully updated home in the heart of Elwood that perfec...	3 beds \| 2 baths \| 1,135 sq.ft.	$175,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.47% Airbnb Rental Income: $null Traditional Rental Income: $1605 Airbnb ROI: N/A Traditional ROI: 7.47%
812 Main Street Elwood, IN Welcome to this enchanting 1933 home, where timeless charm and character meet modern conve...	4 beds \| 2 baths \| 3,135 sq.ft.	$235,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.03% Airbnb Rental Income: $null Traditional Rental Income: $2008 Airbnb ROI: N/A Traditional ROI: 7.03%
1001 N 14th Street Elwood, IN Located at 1001 N 14th ST, ELWOOD, IN, this single-family residence in Madison County pres...	4 beds \| 3 baths \| 2,076 sq.ft.	$210,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.98% Airbnb Rental Income: $null Traditional Rental Income: $2434 Airbnb ROI: N/A Traditional ROI: 9.98%
828 N 13th Street Elwood, IN Check out this spacious 3 bed 1 bath home! The property has been updated to a modern look ...	3 beds \| 1 baths \| 1,794 sq.ft.	$174,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.8% Airbnb Rental Income: $null Traditional Rental Income: $1441 Airbnb ROI: N/A Traditional ROI: 6.8%
1925 N B Street Elwood, IN Welcome home to this beautifully updated 3-bedroom ranch, where modern upgrades meet every...	3 beds \| 1 baths \| 1,376 sq.ft.	$182,500	Airbnb cash on cash: N/A Traditional cash on cash: 6.37% Airbnb Rental Income: $null Traditional Rental Income: $1505 Airbnb ROI: N/A Traditional ROI: 6.37%
1611 S L Street Elwood, IN Welcome to your dream home! This beautifully remodeled 3-bedroom, 1-bath residence is idea...	3 beds \| 1 baths \| 768 sq.ft.	$149,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.01% Airbnb Rental Income: $null Traditional Rental Income: $1308 Airbnb ROI: N/A Traditional ROI: 7.01%
1411 S J Street Elwood, IN Welcome home to this completely remodeled home in the heart of Elwood! You'll love the fr...	3 beds \| 1 baths \| 1,335 sq.ft.	$199,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.21% Airbnb Rental Income: $null Traditional Rental Income: $1621 Airbnb ROI: N/A Traditional ROI: 6.21%
1420 S K Street Elwood, IN Charming 3BR/2.5BA Ranch in Elwood! Welcome home to this beautifully remodeled ranch, wher...	3 beds \| 3 baths \| 1,612 sq.ft.	$189,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.44% Airbnb Rental Income: $null Traditional Rental Income: $2082 Airbnb ROI: N/A Traditional ROI: 9.44%

Real Estate investment in Elwood, IN

There are 24 properties for sale in the city of Elwood . The median list price in Elwood is $182,500 and the average price per square foot is $119. In October 2025, the average monthly cash on cash return in Elwood is 7.00%. The average monthly rental income in Elwood is $1,562.

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

There are 24 investment properties available for sale in Elwood.

The ROI for Short-Term is higher than the Long-Term in Elwood with average rental income of $N/A.

Your search for investment property begins and ends here

Investment Property for Sale in Elwood, IN

2415 N A Street

Elwood, IN

3 beds | 2 baths | 1,168 sq.ft.

$195,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.1%

Airbnb Rental Income: $null

Traditional Rental Income: $1644

Airbnb ROI: N/A

Traditional ROI: 7.1%

1230 S 25th Street

Elwood, IN

3 beds | 1 baths | 1,192 sq.ft.

$217,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.14%

Airbnb Rental Income: $null

Traditional Rental Income: $1573

Airbnb ROI: N/A

Traditional ROI: 6.14%

9080 W Forest Drive

Elwood, IN

2 beds | 1 baths | 1,494 sq.ft.

$249,900

Airbnb cash on cash: N/A

Traditional cash on cash: 2.35%

Airbnb Rental Income: $null

Traditional Rental Income: $1082

Airbnb ROI: N/A

Traditional ROI: 2.35%

1500 S Anderson Street

Elwood, IN

3 beds | 2 baths | 2,268 sq.ft.

$225,000

Airbnb cash on cash: N/A

Traditional cash on cash: 8.96%

Airbnb Rental Income: $null

Traditional Rental Income: $2329

Airbnb ROI: N/A

Traditional ROI: 8.96%

1309 N 8th Street

Elwood, IN

3 beds | 2 baths | 1,560 sq.ft.

$329,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.16%

Airbnb Rental Income: $null

Traditional Rental Income: $2076

Airbnb ROI: N/A

Traditional ROI: 5.16%

1820 S M Street

Elwood, IN

3 beds | 1 baths | 1,012 sq.ft.

$132,500

Airbnb cash on cash: N/A

Traditional cash on cash: 7.78%

Airbnb Rental Income: $null

Traditional Rental Income: $1300

Airbnb ROI: N/A

Traditional ROI: 7.78%

611 N Anderson Street

Elwood, IN

3 beds | 1 baths | 1,615 sq.ft.

$164,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.51%

Airbnb Rental Income: $null

Traditional Rental Income: $1489

Airbnb ROI: N/A

Traditional ROI: 6.51%

615 N Anderson Street

Elwood, IN

4 beds | 2 baths | 1,476 sq.ft.

$193,000

Airbnb cash on cash: N/A

Traditional cash on cash: 9.08%

Airbnb Rental Income: $null

Traditional Rental Income: $2023

Airbnb ROI: N/A