Real Estate Investment Properties for Sale in Greenwood, IN

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

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

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
601 Lawnwood Drive Greenwood, IN Discover this custom 5-bedroom, 3-bath ranch with a walkout basement tucked away on nearly...	5 beds \| 3 baths \| 3,105 sq.ft.	$400,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.73% Airbnb Rental Income: $null Traditional Rental Income: $2800 Airbnb ROI: N/A Traditional ROI: 5.73%
32 N Restin Road Greenwood, IN 32 N Restin RD in Greenwood, Indiana, is about to wiggle its way into your wildest dreams!...	3 beds \| 2 baths \| 2,022 sq.ft.	$309,900	Airbnb cash on cash: 2.51% Traditional cash on cash: 5.55% Airbnb Rental Income: $1744 Traditional Rental Income: $2150 Airbnb ROI: 2.51% Traditional ROI: 5.55%
1272 Townsend Drive Greenwood, IN Tucked on a spacious corner lot, this 3-bedroom, 2.5-bath home is truly move-in ready with...	3 beds \| 3 baths \| 2,036 sq.ft.	$309,900	Airbnb cash on cash: 2.35% Traditional cash on cash: 5.91% Airbnb Rental Income: $1744 Traditional Rental Income: $2302 Airbnb ROI: 2.35% Traditional ROI: 5.91%
4637 Walker Street Greenwood, IN Beautifully Remodeled Home in Center Grove Welcome to this fully remodeled 3-bedroom,...	3 beds \| 2 baths \| 1,255 sq.ft.	$274,900	Airbnb cash on cash: 3.18% Traditional cash on cash: 4.79% Airbnb Rental Income: $1744 Traditional Rental Income: $1684 Airbnb ROI: 3.18% Traditional ROI: 4.79%
614 Cross Wind Drive Greenwood, IN Step inside this wonderfully cared-for home featuring soaring ceilings, open spaces, and a...	3 beds \| 2 baths \| 1,618 sq.ft.	$249,000	Airbnb cash on cash: 3.35% Traditional cash on cash: 6.17% Airbnb Rental Income: $1744 Traditional Rental Income: $1928 Airbnb ROI: 3.35% Traditional ROI: 6.17%
2545 Wildflower Lane Greenwood, IN Welcome to this beautiful, well-maintained home offering spacious living in a prime locati...	4 beds \| 3 baths \| 2,793 sq.ft.	$342,900	Airbnb cash on cash: 3.69% Traditional cash on cash: 6.5% Airbnb Rental Income: $2406 Traditional Rental Income: $2723 Airbnb ROI: 3.69% Traditional ROI: 6.5%
892 Coralberry Lane Greenwood, IN Welcome home Spectacular 3 Bedroom Split Ranch In The Popular Briarstone Neighborhood. Thi...	3 beds \| 2 baths \| 1,804 sq.ft.	$309,900	Airbnb cash on cash: 2.58% Traditional cash on cash: 5.47% Airbnb Rental Income: $1744 Traditional Rental Income: $2105 Airbnb ROI: 2.58% Traditional ROI: 5.47%
3309 Lukes Way Greenwood, IN Welcome to this beautifully maintained, low-maintenance home that offers the perfect blend...	2 beds \| 2 baths \| 1,801 sq.ft.	$315,000	Airbnb cash on cash: 0.35% Traditional cash on cash: 4.89% Airbnb Rental Income: $1373 Traditional Rental Income: $2299 Airbnb ROI: 0.35% Traditional ROI: 4.89%
6451 Enclave Court Greenwood, IN This home has been freshly updated and is ready for your family! It sits in the popular En...	4 beds \| 3 baths \| 2,642 sq.ft.	$325,000	Airbnb cash on cash: 3.99% Traditional cash on cash: 6.61% Airbnb Rental Income: $2406 Traditional Rental Income: $2617 Airbnb ROI: 3.99% Traditional ROI: 6.61%
191 W Broadway Street Greenwood, IN Step into the charm of Old Town Greenwood with this beautifully maintained historic home, ...	3 beds \| 2 baths \| 1,493 sq.ft.	$229,900	Airbnb cash on cash: 4.08% Traditional cash on cash: 7.34% Airbnb Rental Income: $1744 Traditional Rental Income: $1972 Airbnb ROI: 4.08% Traditional ROI: 7.34%
2940 Seasons Drive Greenwood, IN Welcome home to this beautifully updated 3-bedroom, 2.5-bath gem offering 2,615 square fee...	3 beds \| 3 baths \| 2,615 sq.ft.	$330,000	Airbnb cash on cash: 2.17% Traditional cash on cash: 5.66% Airbnb Rental Income: $1744 Traditional Rental Income: $2347 Airbnb ROI: 2.17% Traditional ROI: 5.66%
648 Timeless Run Greenwood, IN Step inside this beautifully updated two-story home featuring four spacious bedrooms, 2.5 ...	4 beds \| 3 baths \| 3,208 sq.ft.	$364,900	Airbnb cash on cash: 3.37% Traditional cash on cash: 5.48% Airbnb Rental Income: $2406 Traditional Rental Income: $2539 Airbnb ROI: 3.37% Traditional ROI: 5.48%
4489 Annelo Drive Greenwood, IN Welcome to 4489 Annelo Dr-where comfort, connection, and everyday joy come together in a p...	4 beds \| 4 baths \| 3,135 sq.ft.	$515,000	Airbnb cash on cash: 2.01% Traditional cash on cash: 5.76% Airbnb Rental Income: $2406 Traditional Rental Income: $3623 Airbnb ROI: 2.01% Traditional ROI: 5.76%
6357 Deerwood Court Greenwood, IN Completely remodeled and move-in ready, this open-concept home delivers everyday comfort w...	4 beds \| 5 baths \| 4,547 sq.ft.	$749,999	Airbnb cash on cash: 0.91% Traditional cash on cash: 5.64% Airbnb Rental Income: $2406 Traditional Rental Income: $5124 Airbnb ROI: 0.91% Traditional ROI: 5.64%
4944 Onslow Court Greenwood, IN Hold onto your hats, because 4944 Onslow CT is ready to rock your world! This single-famil...	3 beds \| 2 baths \| 1,284 sq.ft.	$250,000	Airbnb cash on cash: 3.45% Traditional cash on cash: 5.35% Airbnb Rental Income: $1744 Traditional Rental Income: $1713 Airbnb ROI: 3.45% Traditional ROI: 5.35%
1511 Timber Village Drive Greenwood, IN LOCATION, LOCATION, LOCATION!! CENTER GROVE SCHOOLS! This UPDATED 3 bed, 1.5 bath, 2 car ...	3 beds \| 2 baths \| 1,082 sq.ft.	$239,000	Airbnb cash on cash: 3.91% Traditional cash on cash: 4.32% Airbnb Rental Income: $1744 Traditional Rental Income: $1358 Airbnb ROI: 3.91% Traditional ROI: 4.32%
1418 Osprey Way Greenwood, IN 5/3. Downstairs has a bedroom across its own full bath. Garden tub and 2 large walk in c...	5 beds \| 3 baths \| 2,986 sq.ft.	$312,500	Airbnb cash on cash: N/A Traditional cash on cash: 7.37% Airbnb Rental Income: $null Traditional Rental Income: $2725 Airbnb ROI: N/A Traditional ROI: 7.37%
120 Greenwood Trail N Greenwood, IN Nestled at 120 Greenwood TRL N, GREENWOOD, IN, this inviting home in Johnson County offers...	2 beds \| 2 baths \| 1,088 sq.ft.	$122,500	Airbnb cash on cash: 3.51% Traditional cash on cash: 6.46% Airbnb Rental Income: $1373 Traditional Rental Income: $1303 Airbnb ROI: 3.51% Traditional ROI: 6.46%
700 Mountain Pine Drive Greenwood, IN Fully move-in ready 3BR/2.5BA home in Village Pines of Greenwood! Enjoy low maintenance li...	3 beds \| 3 baths \| 1,686 sq.ft.	$239,000	Airbnb cash on cash: 3.42% Traditional cash on cash: 5.32% Airbnb Rental Income: $1744 Traditional Rental Income: $1694 Airbnb ROI: 3.42% Traditional ROI: 5.32%
386 White Oak Lane Greenwood, IN Welcome to this stunning custom brick 2-story home tucked away on a quiet cul-de-sac in th...	4 beds \| 3 baths \| 3,691 sq.ft.	$525,000	Airbnb cash on cash: 1.93% Traditional cash on cash: 3.47% Airbnb Rental Income: $2406 Traditional Rental Income: $2569 Airbnb ROI: 1.93% Traditional ROI: 3.47%
1225 Apple Valley Road Greenwood, IN Home for sale in Greenwood area. Great location in the best school district in the area, g...	3 beds \| 2 baths \| 2,406 sq.ft.	$290,000	Airbnb cash on cash: 2.75% Traditional cash on cash: 6.54% Airbnb Rental Income: $1744 Traditional Rental Income: $2301 Airbnb ROI: 2.75% Traditional ROI: 6.54%
1054 Greenwood Trail W Greenwood, IN This townhome conveniently located in Greenwood Trails offers a fenced patio, separate din...	3 beds \| 2 baths \| 1,344 sq.ft.	$137,700	Airbnb cash on cash: 5.24% Traditional cash on cash: 7.99% Airbnb Rental Income: $1744 Traditional Rental Income: $1628 Airbnb ROI: 5.24% Traditional ROI: 7.99%
1697 Pelham Drive Greenwood, IN Welcome to this beautiful 2021 built home in Fieldstone Subdivision, featuring 3 bedroom 2...	3 beds \| 3 baths \| 2,463 sq.ft.	$434,500	Airbnb cash on cash: 0.87% Traditional cash on cash: 4.14% Airbnb Rental Income: $1744 Traditional Rental Income: $2592 Airbnb ROI: 0.87% Traditional ROI: 4.14%
1758 Pelham Drive Greenwood, IN Step inside this thoughtfully designed ranch home located in the popular Fieldstone neighb...	3 beds \| 3 baths \| 2,182 sq.ft.	$415,000	Airbnb cash on cash: 0.98% Traditional cash on cash: 2.5% Airbnb Rental Income: $1744 Traditional Rental Income: $1852 Airbnb ROI: 0.98% Traditional ROI: 2.5%
1684 Beach Street Greenwood, IN Welcome to 1684 Beach Street, a delightful 3-bedroom, 2.5-bathroom home located in the hea...	3 beds \| 3 baths \| 2,193 sq.ft.	$429,400	Airbnb cash on cash: 0.89% Traditional cash on cash: 3.57% Airbnb Rental Income: $1744 Traditional Rental Income: $2342 Airbnb ROI: 0.89% Traditional ROI: 3.57%
2950 Treehouse Pass Greenwood, IN Great Two Story House in Greenwood with a full fenced back yard and deck waiting for you t...	3 beds \| 3 baths \| 2,132 sq.ft.	$335,000	Airbnb cash on cash: 1.98% Traditional cash on cash: 5.37% Airbnb Rental Income: $1744 Traditional Rental Income: $2333 Airbnb ROI: 1.98% Traditional ROI: 5.37%
312 Wales Court Greenwood, IN Nestled in the heart of Center Grove, this elegant 3-bedroom, 2.5-bath Greenwood home offe...	3 beds \| 3 baths \| 2,130 sq.ft.	$334,900	Airbnb cash on cash: 2.23% Traditional cash on cash: 5.67% Airbnb Rental Income: $1744 Traditional Rental Income: $2348 Airbnb ROI: 2.23% Traditional ROI: 5.67%
238 Brighton Court Greenwood, IN Move-in ready 3 bedroom, 2.5 bath townhome in The Trace with stunning pond and tree views!...	3 beds \| 3 baths \| 1,884 sq.ft.	$255,000	Airbnb cash on cash: 1.28% Traditional cash on cash: 2.39% Airbnb Rental Income: $1744 Traditional Rental Income: $1532 Airbnb ROI: 1.28% Traditional ROI: 2.39%
2967 Hearthside Drive Greenwood, IN Outstanding Opportunity in Homecoming at University Park! Welcome to this beautiful 3-bed...	3 beds \| 3 baths \| 2,398 sq.ft.	$329,000	Airbnb cash on cash: 1.86% Traditional cash on cash: 3.62% Airbnb Rental Income: $1744 Traditional Rental Income: $1808 Airbnb ROI: 1.86% Traditional ROI: 3.62%
95 S Morgantown Road Greenwood, IN Tucked away on nearly an acre with no HOA, this home offers privacy, space, and tons of fl...	3 beds \| 3 baths \| 1,802 sq.ft.	$390,000	Airbnb cash on cash: 1.87% Traditional cash on cash: 2.95% Airbnb Rental Income: $1744 Traditional Rental Income: $1659 Airbnb ROI: 1.87% Traditional ROI: 2.95%
577 Stobus Drive Greenwood, IN Discover the potential within 577 Stobus DR, GREENWOOD, IN. This single-family residence i...	3 beds \| 3 baths \| 2,061 sq.ft.	$250,000	Airbnb cash on cash: 2.79% Traditional cash on cash: 3.67% Airbnb Rental Income: $1744 Traditional Rental Income: $1473 Airbnb ROI: 2.79% Traditional ROI: 3.67%
189 Christy Drive Greenwood, IN Welcome to Twin Oaks! This end-unit condo/townhome/paired home gives you the best of both ...	2 beds \| 2 baths \| 1,175 sq.ft.	$200,000	Airbnb cash on cash: 3.19% Traditional cash on cash: 5.13% Airbnb Rental Income: $1373 Traditional Rental Income: $1323 Airbnb ROI: 3.19% Traditional ROI: 5.13%
1254 Kenwood Drive Greenwood, IN BACK ON MARKET AT NO FAULT OF THE SELLER. Welcome to this beautifully maintained 4-bedroom...	4 beds \| 3 baths \| 2,040 sq.ft.	$225,000	Airbnb cash on cash: 5.95% Traditional cash on cash: 5.39% Airbnb Rental Income: $2406 Traditional Rental Income: $1696 Airbnb ROI: 5.95% Traditional ROI: 5.39%
3975 Creekwood Drive Greenwood, IN Welcome to this inviting 4-bedroom, 2-bath home in Center Grove, where comfort and charm m...	4 beds \| 2 baths \| 2,979 sq.ft.	$375,000	Airbnb cash on cash: 3.26% Traditional cash on cash: 3.96% Airbnb Rental Income: $2406 Traditional Rental Income: $2062 Airbnb ROI: 3.26% Traditional ROI: 3.96%
1219 Cassine Place Greenwood, IN This spacious two-story home offers comfort, flexibility, and convenience in a sought-afte...	5 beds \| 3 baths \| 2,460 sq.ft.	$370,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.62% Airbnb Rental Income: $null Traditional Rental Income: $2416 Airbnb ROI: N/A Traditional ROI: 4.62%
5656 Grosbeak Drive Greenwood, IN Spacious 4 bedroom, 2.5 bathroom home with 3 car garage built in 2021 by MI Homes (Fairban...	4 beds \| 3 baths \| 2,976 sq.ft.	$429,500	Airbnb cash on cash: 2.31% Traditional cash on cash: 4% Airbnb Rental Income: $2406 Traditional Rental Income: $2495 Airbnb ROI: 2.31% Traditional ROI: 4%
770 Tulip Lane Greenwood, IN Seller may consider buyer concessions if made in an offer. Welcome home! A fireplace and a...	4 beds \| 3 baths \| 2,161 sq.ft.	$314,000	Airbnb cash on cash: 4.08% Traditional cash on cash: 6.16% Airbnb Rental Income: $2406 Traditional Rental Income: $2431 Airbnb ROI: 4.08% Traditional ROI: 6.16%
142 Kensington Park Road Greenwood, IN SPACE ODESSEY!!! Enjoy all of the space that this 3 bedroom (poss 4), 2 bath brick ranch ...	3 beds \| 2 baths \| 1,521 sq.ft.	$225,000	Airbnb cash on cash: 3.95% Traditional cash on cash: 7.38% Airbnb Rental Income: $1744 Traditional Rental Income: $1995 Airbnb ROI: 3.95% Traditional ROI: 7.38%
776 Alvey Court Greenwood, IN Nestled at 776 Alvey CT, GREENWOOD, IN, this single-family residence in Johnson County off...	3 beds \| 2 baths \| 1,154 sq.ft.	$244,000	Airbnb cash on cash: 2.59% Traditional cash on cash: 3.96% Airbnb Rental Income: $1744 Traditional Rental Income: $1580 Airbnb ROI: 2.59% Traditional ROI: 3.96%
2277 Maple Stone Lane Greenwood, IN Cherry Tree Walk Beautiful 5 BEDROOM + 2.5 BATH Two-Story Home! 3,068 Sq. Ft. Features: ...	5 beds \| 3 baths \| 4,669 sq.ft.	$415,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.42% Airbnb Rental Income: $null Traditional Rental Income: $2949 Airbnb ROI: N/A Traditional ROI: 5.42%

Real Estate investment in Greenwood, IN

There are 182 properties for sale in the city of Greenwood . The median list price in Greenwood is $336,865 and the average price per square foot is $143. In October 2025, the average monthly cash on cash return in Greenwood is 5.00%. The average monthly rental income in Greenwood is $2,342.

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

There are 182 investment properties available for sale in Greenwood.

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

The ROI for Long-Term is higher than the Short-Term in Greenwood with average rental income of $2,342.

Your search for investment property begins and ends here

Investment Property for Sale in Greenwood, IN

601 Lawnwood Drive

Greenwood, IN

5 beds | 3 baths | 3,105 sq.ft.

$400,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.73%

Airbnb Rental Income: $null

Traditional Rental Income: $2800

Airbnb ROI: N/A

Traditional ROI: 5.73%

32 N Restin Road

Greenwood, IN

3 beds | 2 baths | 2,022 sq.ft.

$309,900

Airbnb cash on cash: 2.51%

Traditional cash on cash: 5.55%

Airbnb Rental Income: $1744

Traditional Rental Income: $2150

Airbnb ROI: 2.51%

Traditional ROI: 5.55%

1272 Townsend Drive

Greenwood, IN

3 beds | 3 baths | 2,036 sq.ft.

$309,900

Airbnb cash on cash: 2.35%

Traditional cash on cash: 5.91%

Airbnb Rental Income: $1744

Traditional Rental Income: $2302

Airbnb ROI: 2.35%

Traditional ROI: 5.91%

4637 Walker Street

Greenwood, IN

3 beds | 2 baths | 1,255 sq.ft.

$274,900

Airbnb cash on cash: 3.18%

Traditional cash on cash: 4.79%

Airbnb Rental Income: $1744

Traditional Rental Income: $1684

Airbnb ROI: 3.18%

Traditional ROI: 4.79%

614 Cross Wind Drive

Greenwood, IN

3 beds | 2 baths | 1,618 sq.ft.

$249,000

Airbnb cash on cash: 3.35%

Traditional cash on cash: 6.17%

Airbnb Rental Income: $1744

Traditional Rental Income: $1928

Airbnb ROI: 3.35%

Traditional ROI: 6.17%

2545 Wildflower Lane

Greenwood, IN

4 beds | 3 baths | 2,793 sq.ft.

$342,900

Airbnb cash on cash: 3.69%

Traditional cash on cash: 6.5%

Airbnb Rental Income: $2406

Traditional Rental Income: $2723

Airbnb ROI: 3.69%

Traditional ROI: 6.5%

892 Coralberry Lane

Greenwood, IN

3 beds | 2 baths | 1,804 sq.ft.

$309,900

Airbnb cash on cash: 2.58%

Traditional cash on cash: 5.47%

Airbnb Rental Income: $1744

Traditional Rental Income: $2105

Airbnb ROI: 2.58%

Traditional ROI: 5.47%

3309 Lukes Way

Greenwood, IN

2 beds | 2 baths | 1,801 sq.ft.

$315,000

Airbnb cash on cash: 0.35%

Traditional cash on cash: 4.89%

Airbnb Rental Income: $1373

Traditional Rental Income: $2299

Airbnb ROI: 0.35%