Real Estate Investment Properties for Sale in Greencastle, IN

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

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

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
112 Howard Lane Greencastle, IN HOWARD YARD by Millennium Builders is Southern Indianaâs first modernized, river-view de...	5 beds \| 4 baths \| 2,737 sq.ft.	$659,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.49% Airbnb Rental Income: $null Traditional Rental Income: $2795 Airbnb ROI: N/A Traditional ROI: 2.49%
Investment Properties for Sale in Other Cities of Indiana
824 E Minnesota Street Indianapolis , IN This home screams modern charm! Welcome to this updated 4 bedroom, 2 bath home in Bates-He...	4 beds \| 2 baths \| 2,122 sq.ft.	$370,000	Airbnb cash on cash: 2.59% Traditional cash on cash: 5.01% Airbnb Rental Income: $1941 Traditional Rental Income: $2267 Airbnb ROI: 2.59% Traditional ROI: 5.01%
5633 Newhall Place Indianapolis , IN Nestled at 5633 Newhall PL, INDIANAPOLIS, IN, this single-family residence in Marion Count...	4 beds \| 3 baths \| 2,842 sq.ft.	$360,000	Airbnb cash on cash: 1.94% Traditional cash on cash: 5.9% Airbnb Rental Income: $1765 Traditional Rental Income: $2621 Airbnb ROI: 1.94% Traditional ROI: 5.9%
206 N Beville Avenue Indianapolis , IN Be the first to live in this fully renovated 5 bed 3 bath home nestled near the heart of d...	5 beds \| 3 baths \| 2,850 sq.ft.	$295,000	Airbnb cash on cash: 4.73% Traditional cash on cash: 7.95% Airbnb Rental Income: $2528 Traditional Rental Income: $2814 Airbnb ROI: 4.73% Traditional ROI: 7.95%
1444 E Elbert Street Indianapolis , IN Discover the perfect blend of charm and convenience at 1444 E Elbert Street. This inviting...	2 beds \| 1 baths \| 912 sq.ft.	$199,900	Airbnb cash on cash: 1.76% Traditional cash on cash: 3.37% Airbnb Rental Income: $1290 Traditional Rental Income: $1193 Airbnb ROI: 1.76% Traditional ROI: 3.37%
4111 W Peachtree Lane Muncie , IN Welcome to this charming 3 bed, 2 bath ranch-style home featuring a beautifully refinished...	3 beds \| 2 baths \| 1,806 sq.ft.	$249,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.97% Airbnb Rental Income: $null Traditional Rental Income: $2097 Airbnb ROI: N/A Traditional ROI: 6.97%
350 N Meridian Street #505 Indianapolis , IN Nestled at 350 N Meridian St Unit 505 in the historic Indianapolis Athletic Club Lofts, th...	1 beds \| 2 baths \| 801 sq.ft.	$219,900	Airbnb cash on cash: 1.09% Traditional cash on cash: -0.16% Airbnb Rental Income: $1851 Traditional Rental Income: $1092 Airbnb ROI: 1.09% Traditional ROI: -0.16%
7314 S Willowbrook Drive Lowell , IN Welcome to this charming ranch in Lowell - a perfect starter home or a comfortable option ...	3 beds \| 1 baths \| 960 sq.ft.	$249,900	Airbnb cash on cash: 5.67% Traditional cash on cash: 4.5% Airbnb Rental Income: $2413 Traditional Rental Income: $1547 Airbnb ROI: 5.67% Traditional ROI: 4.5%
212 Timrick Drive Munster , IN Beautiful 3 Bed, 3 Bath Ranch in the Heart of Munster! Welcome to this charming and spacio...	3 beds \| 3 baths \| 3,396 sq.ft.	$384,900	Airbnb cash on cash: -0.38% Traditional cash on cash: 3.51% Airbnb Rental Income: $1668 Traditional Rental Income: $2606 Airbnb ROI: -0.38% Traditional ROI: 3.51%
1413 S New Jersey Street Indianapolis , IN Here's a super charming 2 bed 2 bath house on the best street in the heart of Bates-Hendri...	2 beds \| 2 baths \| 882 sq.ft.	$235,000	Airbnb cash on cash: 3.86% Traditional cash on cash: 3.6% Airbnb Rental Income: $1859 Traditional Rental Income: $1302 Airbnb ROI: 3.86% Traditional ROI: 3.6%
2250 N Capitol Avenue Indianapolis , IN Come check out this amazingly beautiful, very spacious and totally renovated house that wi...	4 beds \| 3 baths \| 2,751 sq.ft.	$474,000	Airbnb cash on cash: 1.53% Traditional cash on cash: 3.7% Airbnb Rental Income: $2133 Traditional Rental Income: $2552 Airbnb ROI: 1.53% Traditional ROI: 3.7%
1009 N Park Avenue Indianapolis , IN Discover unparalleled city living in this sophisticated 2-bedroom, 2.5-bathroom residence,...	2 beds \| 3 baths \| 1,502 sq.ft.	$439,900	Airbnb cash on cash: 1.03% Traditional cash on cash: 3.52% Airbnb Rental Income: $1852 Traditional Rental Income: $2381 Airbnb ROI: 1.03% Traditional ROI: 3.52%
1624 Fletcher Avenue Indianapolis , IN Live your best new era in this quintessential Fountain Square home. The 2 bed/2 full bath ...	2 beds \| 2 baths \| 1,630 sq.ft.	$299,900	Airbnb cash on cash: 2.25% Traditional cash on cash: 4.19% Airbnb Rental Income: $1725 Traditional Rental Income: $1796 Airbnb ROI: 2.25% Traditional ROI: 4.19%
1321 Brookton Court Indianapolis , IN This home could be featured on a show on HGTV. It is a true before and after. It is bette...	3 beds \| 2 baths \| 1,583 sq.ft.	$339,900	Airbnb cash on cash: 2.48% Traditional cash on cash: 3.69% Airbnb Rental Income: $1995 Traditional Rental Income: $1859 Airbnb ROI: 2.48% Traditional ROI: 3.69%
6336 Green Leaves Road Indianapolis , IN Welcome to this charming all-brick ranch in the desirable Devonshire neighborhood of Washi...	3 beds \| 2 baths \| 2,006 sq.ft.	$359,900	Airbnb cash on cash: 3.81% Traditional cash on cash: 5.06% Airbnb Rental Income: $2478 Traditional Rental Income: $2299 Airbnb ROI: 3.81% Traditional ROI: 5.06%
450 E Ohio Street #118 Indianapolis , IN Discover the ultimate urban lifestyle at The Packard! This lovely condo is everything you'...	2 beds \| 3 baths \| 1,711 sq.ft.	$399,000	Airbnb cash on cash: -1.23% Traditional cash on cash: 1.55% Airbnb Rental Income: $1852 Traditional Rental Income: $2395 Airbnb ROI: -1.23% Traditional ROI: 1.55%

Real Estate investment in Greencastle, IN

There are 1 properties for sale in the city of Greencastle . The median list price in Greencastle is $189,900 and the average price per square foot is $120. In September 2025, the average monthly cash on cash return in Greencastle is 6.00%. The average monthly rental income in Greencastle is $1,479.

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

There are 1 investment properties available for sale in Greencastle.

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

The ROI for Short-Term is higher than the Long-Term in Greencastle with average rental income of $1,810.

Your search for investment property begins and ends here

Investment Property for Sale in Greencastle, IN

112 Howard Lane

Greencastle, IN

5 beds | 4 baths | 2,737 sq.ft.

$659,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.49%

Airbnb Rental Income: $null

Traditional Rental Income: $2795

Airbnb ROI: N/A

Traditional ROI: 2.49%

Investment Properties for Sale in Other Cities of Indiana

Indianapolis , IN

4 beds | 2 baths | 2,122 sq.ft.

$370,000

Airbnb cash on cash: 2.59%

Traditional cash on cash: 5.01%

Airbnb Rental Income: $1941

Traditional Rental Income: $2267

Airbnb ROI: 2.59%

Traditional ROI: 5.01%

Indianapolis , IN

4 beds | 3 baths | 2,842 sq.ft.

$360,000

Airbnb cash on cash: 1.94%

Traditional cash on cash: 5.9%

Airbnb Rental Income: $1765

Traditional Rental Income: $2621

Airbnb ROI: 1.94%

Traditional ROI: 5.9%

Indianapolis , IN

5 beds | 3 baths | 2,850 sq.ft.

$295,000

Airbnb cash on cash: 4.73%

Traditional cash on cash: 7.95%

Airbnb Rental Income: $2528

Traditional Rental Income: $2814

Airbnb ROI: 4.73%

Traditional ROI: 7.95%

Indianapolis , IN

2 beds | 1 baths | 912 sq.ft.

$199,900

Airbnb cash on cash: 1.76%

Traditional cash on cash: 3.37%

Airbnb Rental Income: $1290

Traditional Rental Income: $1193

Airbnb ROI: 1.76%

Traditional ROI: 3.37%

Muncie , IN

3 beds | 2 baths | 1,806 sq.ft.

$249,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.97%

Airbnb Rental Income: $null

Traditional Rental Income: $2097

Airbnb ROI: N/A

Traditional ROI: 6.97%

Indianapolis , IN

1 beds | 2 baths | 801 sq.ft.

$219,900

Airbnb cash on cash: 1.09%

Traditional cash on cash: -0.16%

Airbnb Rental Income: $1851

Traditional Rental Income: $1092

Airbnb ROI: 1.09%

Traditional ROI: -0.16%

Lowell , IN

3 beds | 1 baths | 960 sq.ft.

$249,900

Airbnb cash on cash: 5.67%

Traditional cash on cash: 4.5%

Airbnb Rental Income: $2413

Traditional Rental Income: $1547

Airbnb ROI: 5.67%

Traditional ROI: 4.5%

Munster , IN

3 beds | 3 baths | 3,396 sq.ft.

$384,900

Airbnb cash on cash: -0.38%

Traditional cash on cash: 3.51%