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

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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.	$430,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.27% Airbnb Rental Income: $null Traditional Rental Income: $2800 Airbnb ROI: N/A Traditional ROI: 5.27%
2437 Grand Fir Drive Greenwood, IN This stunning 2-bedroom, 2.5-bath homes combines style and functionality with its open-con...	2 beds \| 3 baths \| 1,377 sq.ft.	$220,000	Airbnb cash on cash: 2.28% Traditional cash on cash: 5.88% Airbnb Rental Income: $1476 Traditional Rental Income: $1792 Airbnb ROI: 2.28% Traditional ROI: 5.88%
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: 3.32% Traditional cash on cash: 5.55% Airbnb Rental Income: $2026 Traditional Rental Income: $2150 Airbnb ROI: 3.32% Traditional ROI: 5.55%
1272 Townsend Drive Greenwood, IN MUST SEE! Tucked on a spacious corner lot, this 3-bedroom, 2.5-bath home is truly move-in ...	3 beds \| 3 baths \| 2,036 sq.ft.	$319,900	Airbnb cash on cash: 3.03% Traditional cash on cash: 5.7% Airbnb Rental Income: $2026 Traditional Rental Income: $2302 Airbnb ROI: 3.03% Traditional ROI: 5.7%
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: 4.35% Traditional cash on cash: 6.17% Airbnb Rental Income: $2026 Traditional Rental Income: $1928 Airbnb ROI: 4.35% Traditional ROI: 6.17%
892 Coralberry Lane Greenwood, IN Welcome home Spectacular 3 Bedroom Split Ranch In The Popular Briarstone Neighborhood. "Ch...	3 beds \| 2 baths \| 1,804 sq.ft.	$309,900	Airbnb cash on cash: 3.39% Traditional cash on cash: 5.47% Airbnb Rental Income: $2026 Traditional Rental Income: $2105 Airbnb ROI: 3.39% Traditional ROI: 5.47%
1093 Springwater Drive Greenwood, IN Nestled at 1093 Springwater DR, GREENWOOD, IN, this single-family residence presents an at...	4 beds \| 4 baths \| 3,599 sq.ft.	$368,500	Airbnb cash on cash: 6.59% Traditional cash on cash: 7.85% Airbnb Rental Income: $3726 Traditional Rental Income: $3349 Airbnb ROI: 6.59% Traditional ROI: 7.85%
75 Declaration Drive Greenwood, IN Welcome to this charming 3-bedroom, 2-bath ranch nestled in a highly accessible Greenwood ...	3 beds \| 2 baths \| 1,203 sq.ft.	$219,000	Airbnb cash on cash: 5.14% Traditional cash on cash: 5.64% Airbnb Rental Income: $2026 Traditional Rental Income: $1605 Airbnb ROI: 5.14% Traditional ROI: 5.64%
341 Leisure Lane Greenwood, IN All-Brick Ranch on 1 Acre in Sought-After Center Grove Schools. This beautifully updated 3...	3 beds \| 2 baths \| 1,850 sq.ft.	$339,900	Airbnb cash on cash: 2.98% Traditional cash on cash: 4.7% Airbnb Rental Income: $2026 Traditional Rental Income: $2048 Airbnb ROI: 2.98% Traditional ROI: 4.7%
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.	$340,000	Airbnb cash on cash: 7.21% Traditional cash on cash: 6.28% Airbnb Rental Income: $3726 Traditional Rental Income: $2617 Airbnb ROI: 7.21% Traditional ROI: 6.28%
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: 2.93% Traditional cash on cash: 5.66% Airbnb Rental Income: $2026 Traditional Rental Income: $2347 Airbnb ROI: 2.93% Traditional ROI: 5.66%
757 Black Bird Lane Greenwood, IN Tucked away on a quiet cul-de-sac in Greenwood, this 3-bedroom, 2.5-bath ranch is more tha...	3 beds \| 3 baths \| 1,448 sq.ft.	$310,000	Airbnb cash on cash: 3.38% Traditional cash on cash: 4.84% Airbnb Rental Income: $2026 Traditional Rental Income: $1924 Airbnb ROI: 3.38% Traditional ROI: 4.84%
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.	$375,000	Airbnb cash on cash: 6.38% Traditional cash on cash: 5.31% Airbnb Rental Income: $3726 Traditional Rental Income: $2539 Airbnb ROI: 6.38% Traditional ROI: 5.31%
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: 4.29% Traditional cash on cash: 5.76% Airbnb Rental Income: $3726 Traditional Rental Income: $3623 Airbnb ROI: 4.29% Traditional ROI: 5.76%
2302 Ashton Lane Greenwood, IN Welcome to this beautifully maintained 2-story home, built in 2014 and upgraded with a bra...	3 beds \| 3 baths \| 1,742 sq.ft.	$299,999	Airbnb cash on cash: 3.36% Traditional cash on cash: 5.43% Airbnb Rental Income: $2026 Traditional Rental Income: $2083 Airbnb ROI: 3.36% Traditional ROI: 5.43%
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: 2.49% Traditional cash on cash: 5.64% Airbnb Rental Income: $3726 Traditional Rental Income: $5124 Airbnb ROI: 2.49% Traditional ROI: 5.64%
1480 Trailside Drive Greenwood, IN If you're looking for a move in ready home in a convenient Greenwood location, your search...	3 beds \| 2 baths \| 2,301 sq.ft.	$420,000	Airbnb cash on cash: 1.83% Traditional cash on cash: 3.88% Airbnb Rental Income: $2026 Traditional Rental Income: $2305 Airbnb ROI: 1.83% Traditional ROI: 3.88%
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: 4.95% Traditional cash on cash: 4.32% Airbnb Rental Income: $2026 Traditional Rental Income: $1358 Airbnb ROI: 4.95% Traditional ROI: 4.32%
356 Stoneybrook Grove Drive Greenwood, IN Welcome to your personal retreat in a desirable neighborhood backing up to lush green spac...	4 beds \| 3 baths \| 3,046 sq.ft.	$425,000	Airbnb cash on cash: 5.48% Traditional cash on cash: 6.13% Airbnb Rental Income: $3726 Traditional Rental Income: $3172 Airbnb ROI: 5.48% Traditional ROI: 6.13%
2932 Hearthside Drive Greenwood, IN Don't miss this one! This beautifully maintained 4-bedroom, 2.5-bath home in the Clark Ple...	4 beds \| 3 baths \| 1,990 sq.ft.	$290,000	Airbnb cash on cash: 8.69% Traditional cash on cash: 6.14% Airbnb Rental Income: $3726 Traditional Rental Income: $2219 Airbnb ROI: 8.69% Traditional ROI: 6.14%
11 Sayre Drive Greenwood, IN Don't miss this 3 bedroom Greenwood ranch with LOTS of UPDATES!!! Large corner lot in Sout...	3 beds \| 1 baths \| 1,248 sq.ft.	$217,000	Airbnb cash on cash: 5.61% Traditional cash on cash: 5.47% Airbnb Rental Income: $2026 Traditional Rental Income: $1471 Airbnb ROI: 5.61% Traditional ROI: 5.47%
2485 Blue Ridge Drive Greenwood, IN Come see this beautiful, well maintained condo nestled on a corner lot with gorgeous pond ...	2 beds \| 3 baths \| 1,712 sq.ft.	$279,900	Airbnb cash on cash: 1.34% Traditional cash on cash: 7.24% Airbnb Rental Income: $1476 Traditional Rental Income: $2596 Airbnb ROI: 1.34% Traditional ROI: 7.24%
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.	$126,500	Airbnb cash on cash: 4.08% Traditional cash on cash: 6.23% Airbnb Rental Income: $1476 Traditional Rental Income: $1303 Airbnb ROI: 4.08% Traditional ROI: 6.23%
540 Lazy Lane Greenwood, IN This well maintained and updated brick ranch home is in the desired school district of Cen...	3 beds \| 2 baths \| 1,890 sq.ft.	$350,000	Airbnb cash on cash: 2.8% Traditional cash on cash: 4.42% Airbnb Rental Income: $2026 Traditional Rental Income: $2032 Airbnb ROI: 2.8% Traditional ROI: 4.42%
4155 Rolling Trails Road Greenwood, IN EXTENSIVELY UPDATED TUDOR WITH MODERN COMFORT AND CHARM. This beautifully maintained, move...	4 beds \| 3 baths \| 2,048 sq.ft.	$399,900	Airbnb cash on cash: 5.56% Traditional cash on cash: 4.22% Airbnb Rental Income: $3726 Traditional Rental Income: $2413 Airbnb ROI: 5.56% Traditional ROI: 4.22%
1634 Pelham Drive Greenwood, IN Located at 1634 Pelham DR, GREENWOOD, IN, this attractive, nearly new single-family reside...	3 beds \| 3 baths \| 2,539 sq.ft.	$534,900	Airbnb cash on cash: 0.82% Traditional cash on cash: 2.96% Airbnb Rental Income: $2026 Traditional Rental Income: $2569 Airbnb ROI: 0.82% Traditional ROI: 2.96%
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: 1.59% Traditional cash on cash: 2.5% Airbnb Rental Income: $2026 Traditional Rental Income: $1852 Airbnb ROI: 1.59% 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.	$429,900	Airbnb cash on cash: 1.47% Traditional cash on cash: 3.56% Airbnb Rental Income: $2026 Traditional Rental Income: $2342 Airbnb ROI: 1.47% Traditional ROI: 3.56%
4759 Silver Hill Drive Greenwood, IN Silver Springs Beautiful 3 BEDROOM + 2.5 BATH Ranch Home ~ 1,984 SQ. FT.~ CG Schools ~ F...	3 beds \| 3 baths \| 1,984 sq.ft.	$396,500	Airbnb cash on cash: 2.19% Traditional cash on cash: 4.26% Airbnb Rental Income: $2026 Traditional Rental Income: $2269 Airbnb ROI: 2.19% Traditional ROI: 4.26%
439 Pleasantview Drive Greenwood, IN NEW ROOF and NEW WINDOWS! This beautifully updated home features brand new luxury vinyl p...	4 beds \| 2 baths \| 1,818 sq.ft.	$305,000	Airbnb cash on cash: 7.59% Traditional cash on cash: 5.82% Airbnb Rental Income: $3726 Traditional Rental Income: $2409 Airbnb ROI: 7.59% Traditional ROI: 5.82%
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.	$260,000	Airbnb cash on cash: 2.18% Traditional cash on cash: 2.32% Airbnb Rental Income: $2026 Traditional Rental Income: $1532 Airbnb ROI: 2.18% Traditional ROI: 2.32%
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: 2.51% Traditional cash on cash: 2.95% Airbnb Rental Income: $2026 Traditional Rental Income: $1659 Airbnb ROI: 2.51% Traditional ROI: 2.95%
1243 Colinbrook Circle Greenwood, IN Open Sun, Aug 3, 1-3. No reasonable offer refused! Fantastic floor plan for today's active...	5 beds \| 5 baths \| 3,809 sq.ft.	$569,800	Airbnb cash on cash: N/A Traditional cash on cash: 3% Airbnb Rental Income: $null Traditional Rental Income: $2719 Airbnb ROI: N/A Traditional ROI: 3%
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.	$439,500	Airbnb cash on cash: 4.89% Traditional cash on cash: 3.87% Airbnb Rental Income: $3726 Traditional Rental Income: $2495 Airbnb ROI: 4.89% Traditional ROI: 3.87%
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.	$319,000	Airbnb cash on cash: 7.67% Traditional cash on cash: 6.05% Airbnb Rental Income: $3726 Traditional Rental Income: $2431 Airbnb ROI: 7.67% Traditional ROI: 6.05%
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: 5.05% Traditional cash on cash: 7.38% Airbnb Rental Income: $2026 Traditional Rental Income: $1995 Airbnb ROI: 5.05% Traditional ROI: 7.38%
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 \| 3,068 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%
4288 Silver Hill Drive Greenwood, IN Very desirable Silver Springs custom built Ranch and tucked back in on a large .4 acre lot...	3 beds \| 3 baths \| 2,113 sq.ft.	$417,900	Airbnb cash on cash: 1.69% Traditional cash on cash: 4.27% Airbnb Rental Income: $2026 Traditional Rental Income: $2510 Airbnb ROI: 1.69% Traditional ROI: 4.27%
1117 Sarah Court Greenwood, IN OLDFIELD ESTATES Terrific, Custom, Brick 3 BEDROOM + 3 FULL BATH & Giant 3 CAR GARAGE bu...	3 beds \| 3 baths \| 1,953 sq.ft.	$379,900	Airbnb cash on cash: 2.2% Traditional cash on cash: 4.5% Airbnb Rental Income: $2026 Traditional Rental Income: $2319 Airbnb ROI: 2.2% Traditional ROI: 4.5%

Real Estate investment in Greenwood, IN

There are 183 properties for sale in the city of Greenwood . The median list price in Greenwood is $349,065 and the average price per square foot is $148. In September 2025, the average monthly cash on cash return in Greenwood is 5.00%. The average monthly rental income in Greenwood is $2,431.

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

There are 183 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 $2,431.

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.

$430,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.27%

Airbnb Rental Income: $null

Traditional Rental Income: $2800

Airbnb ROI: N/A

Traditional ROI: 5.27%

2437 Grand Fir Drive

Greenwood, IN

2 beds | 3 baths | 1,377 sq.ft.

$220,000

Airbnb cash on cash: 2.28%

Traditional cash on cash: 5.88%

Airbnb Rental Income: $1476

Traditional Rental Income: $1792

Airbnb ROI: 2.28%

Traditional ROI: 5.88%

32 N Restin Road

Greenwood, IN

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

$309,900

Airbnb cash on cash: 3.32%

Traditional cash on cash: 5.55%

Airbnb Rental Income: $2026

Traditional Rental Income: $2150

Airbnb ROI: 3.32%

Traditional ROI: 5.55%

1272 Townsend Drive

Greenwood, IN

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

$319,900

Airbnb cash on cash: 3.03%

Traditional cash on cash: 5.7%

Airbnb Rental Income: $2026

Traditional Rental Income: $2302

Airbnb ROI: 3.03%

Traditional ROI: 5.7%

614 Cross Wind Drive

Greenwood, IN

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

$249,000

Airbnb cash on cash: 4.35%

Traditional cash on cash: 6.17%

Airbnb Rental Income: $2026

Traditional Rental Income: $1928

Airbnb ROI: 4.35%

Traditional ROI: 6.17%

892 Coralberry Lane

Greenwood, IN

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

$309,900

Airbnb cash on cash: 3.39%

Traditional cash on cash: 5.47%

Airbnb Rental Income: $2026

Traditional Rental Income: $2105

Airbnb ROI: 3.39%

Traditional ROI: 5.47%

1093 Springwater Drive

Greenwood, IN

4 beds | 4 baths | 3,599 sq.ft.

$368,500

Airbnb cash on cash: 6.59%

Traditional cash on cash: 7.85%

Airbnb Rental Income: $3726

Traditional Rental Income: $3349

Airbnb ROI: 6.59%

Traditional ROI: 7.85%

75 Declaration Drive

Greenwood, IN

3 beds | 2 baths | 1,203 sq.ft.

$219,000

Airbnb cash on cash: 5.14%

Traditional cash on cash: 5.64%

Airbnb Rental Income: $2026

Traditional Rental Income: $1605

Airbnb ROI: 5.14%