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
1302 S E Street Elwood, IN Two bedroom 1 bath with eat in kitchen. The property is currently rented for $900.00 month...	2 beds \| 1 baths \| 792 sq.ft.	$135,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.72% Airbnb Rental Income: $null Traditional Rental Income: $1140 Airbnb ROI: N/A Traditional ROI: 6.72%
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.	$214,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.23% Airbnb Rental Income: $null Traditional Rental Income: $1573 Airbnb ROI: N/A Traditional ROI: 6.23%
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%
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.	$169,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.03% Airbnb Rental Income: $null Traditional Rental Income: $1441 Airbnb ROI: N/A Traditional ROI: 7.03%
1309 N 8th Street Elwood, IN BRAND NEW!! EXCITING!! Ranch style home offering a 3 Bedrooms, 2 Full Bath with 2x6 exter...	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%
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.	$189,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.29% Airbnb Rental Income: $null Traditional Rental Income: $2023 Airbnb ROI: N/A Traditional ROI: 9.29%
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.	$205,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.82% Airbnb Rental Income: $null Traditional Rental Income: $1552 Airbnb ROI: N/A Traditional ROI: 5.82%
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.	$144,500	Airbnb cash on cash: N/A Traditional cash on cash: 9.16% Airbnb Rental Income: $null Traditional Rental Income: $1589 Airbnb ROI: N/A Traditional ROI: 9.16%
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.	$164,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.95% Airbnb Rental Income: $null Traditional Rental Income: $1705 Airbnb ROI: N/A Traditional ROI: 8.95%
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.	$125,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.91% Airbnb Rental Income: $null Traditional Rental Income: $1471 Airbnb ROI: N/A Traditional ROI: 9.91%
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.	$144,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.85% Airbnb Rental Income: $null Traditional Rental Income: $1390 Airbnb ROI: N/A Traditional ROI: 7.85%
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%
1623 S K Street Elwood, IN This 1890 residence offers 1,092 square feet of living area situated on a spacious 7,492 s...	2 beds \| 1 baths \| 1,092 sq.ft.	$164,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.23% Airbnb Rental Income: $null Traditional Rental Income: $1308 Airbnb ROI: N/A Traditional ROI: 6.23%
18996 N State Road 37 Elwood, IN Endless possibilities await on this 3.66-acre property conveniently located on the Madison...	2 beds \| 1 baths \| 936 sq.ft.	$185,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.19% Airbnb Rental Income: $null Traditional Rental Income: $1241 Airbnb ROI: N/A Traditional ROI: 5.19%
1000 S B Street Elwood, IN Move right in and enjoy this updated 3 bedroom, 2 full bath home on a corner lot in Elwood...	3 beds \| 2 baths \| 1,948 sq.ft.	$249,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.05% Airbnb Rental Income: $null Traditional Rental Income: $2166 Airbnb ROI: N/A Traditional ROI: 7.05%
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%
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.	$149,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.23% Airbnb Rental Income: $null Traditional Rental Income: $1489 Airbnb ROI: N/A Traditional ROI: 7.23%
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.	$159,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.25% Airbnb Rental Income: $null Traditional Rental Income: $1512 Airbnb ROI: N/A Traditional ROI: 7.25%
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.	$159,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.7% Airbnb Rental Income: $null Traditional Rental Income: $1562 Airbnb ROI: N/A Traditional ROI: 7.7%
2815 S A Street Elwood, IN Nestled in Elwood, Indiana, discover this adorable, well maintained home awaiting a new ch...	3 beds \| 1 baths \| 925 sq.ft.	$139,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.17% Airbnb Rental Income: $null Traditional Rental Income: $1305 Airbnb ROI: N/A Traditional ROI: 7.17%
2111 S A Street Elwood, IN This renovated single-family home is fully updated and ready to move in. The property ski...	3 beds \| 3 baths \| 1,740 sq.ft.	$210,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.41% Airbnb Rental Income: $null Traditional Rental Income: $2057 Airbnb ROI: N/A Traditional ROI: 8.41%
806 S 17th Street Elwood, IN Charming 2 Bedroom Home with an oversized 4 Car Garage/Workshop in Siglers Addition. Livin...	2 beds \| 1 baths \| 1,128 sq.ft.	$144,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.29% Airbnb Rental Income: $null Traditional Rental Income: $1373 Airbnb ROI: N/A Traditional ROI: 7.29%

Real Estate investment in Elwood, IN

There are 22 properties for sale in the city of Elwood . The median list price in Elwood is $164,900 and the average price per square foot is $107. In December 2025, the average monthly cash on cash return in Elwood is 7.00%. The average monthly rental income in Elwood is $1,532.

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

There are 22 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

1302 S E Street

Elwood, IN

2 beds | 1 baths | 792 sq.ft.

$135,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.72%

Airbnb Rental Income: $null

Traditional Rental Income: $1140

Airbnb ROI: N/A

Traditional ROI: 6.72%

1230 S 25th Street

Elwood, IN

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

$214,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.23%

Airbnb Rental Income: $null

Traditional Rental Income: $1573

Airbnb ROI: N/A

Traditional ROI: 6.23%

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%

828 N 13th Street

Elwood, IN

3 beds | 1 baths | 1,794 sq.ft.

$169,900

Airbnb cash on cash: N/A

Traditional cash on cash: 7.03%

Airbnb Rental Income: $null

Traditional Rental Income: $1441

Airbnb ROI: N/A

Traditional ROI: 7.03%

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%

615 N Anderson Street

Elwood, IN

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

$189,000

Airbnb cash on cash: N/A

Traditional cash on cash: 9.29%

Airbnb Rental Income: $null

Traditional Rental Income: $2023

Airbnb ROI: N/A

Traditional ROI: 9.29%

1300 N F Street

Elwood, IN

3 beds | 1 baths | 2,000 sq.ft.

$205,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.82%

Airbnb Rental Income: $null

Traditional Rental Income: $1552

Airbnb ROI: N/A

Traditional ROI: 5.82%

2321 S A Street

Elwood, IN

3 beds | 2 baths | 1,264 sq.ft.

$144,500

Airbnb cash on cash: N/A

Traditional cash on cash: 9.16%

Airbnb Rental Income: $null

Traditional Rental Income: $1589

Airbnb ROI: N/A