Real Estate Investment Properties for Sale in Hammond, IN

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
9 172nd Street Hammond, IN Beautiful brick home with a brand new roof in the historic Forest Heights neighborhood. Th...	4 beds \| 2 baths \| 2,283 sq.ft.	$290,000	Airbnb cash on cash: 1.22% Traditional cash on cash: 6.36% Airbnb Rental Income: $1434 Traditional Rental Income: $2412 Airbnb ROI: 1.22% Traditional ROI: 6.36%
3907 177th Street Hammond, IN This charming and well-maintained 3-bedroom, 2-bath ranch home is perfectly situated on a ...	3 beds \| 2 baths \| 1,288 sq.ft.	$224,900	Airbnb cash on cash: 1.26% Traditional cash on cash: 5.82% Airbnb Rental Income: $1175 Traditional Rental Income: $1761 Airbnb ROI: 1.26% Traditional ROI: 5.82%
1630 170th Place Hammond, IN This is it! Step into this beautifully updated ranch-style gem offering thoughtful upgrade...	2 beds \| 1 baths \| 1,080 sq.ft.	$198,400	Airbnb cash on cash: 4.57% Traditional cash on cash: 4.56% Airbnb Rental Income: $1801 Traditional Rental Income: $1311 Airbnb ROI: 4.57% Traditional ROI: 4.56%
6639 Alexander Avenue Hammond, IN Great investment opportunity! This income-producing 2-unit property features a front unit ...	3 beds \| 2 baths \| N/A	$199,000	Airbnb cash on cash: 4.09% Traditional cash on cash: 3.94% Airbnb Rental Income: $1801 Traditional Rental Income: $1284 Airbnb ROI: 4.09% Traditional ROI: 3.94%
6523 Jackson Avenue Hammond, IN WELCOME to this HUGE 2 STORY HOUSE that boasts 4 BEDROOMS, 3 BATHROOMS which was previousl...	4 beds \| 3 baths \| 3,066 sq.ft.	$275,000	Airbnb cash on cash: 1.36% Traditional cash on cash: 9.04% Airbnb Rental Income: $1434 Traditional Rental Income: $2997 Airbnb ROI: 1.36% Traditional ROI: 9.04%
7628 Birch Avenue Hammond, IN Charming 2-Bedroom Ranch Near I-94 & Illinois BorderThis cute and cozy 2-bedroom, 1 full b...	2 beds \| 1 baths \| 967 sq.ft.	$150,000	Airbnb cash on cash: 6.72% Traditional cash on cash: 6.33% Airbnb Rental Income: $1801 Traditional Rental Income: $1255 Airbnb ROI: 6.72% Traditional ROI: 6.33%
7349 Arizona Avenue Hammond, IN Welcome to this beautifully updated single-family home located in desirable North Township...	3 beds \| 2 baths \| 2,378 sq.ft.	$275,000	Airbnb cash on cash: 0.99% Traditional cash on cash: 4.69% Airbnb Rental Income: $1175 Traditional Rental Income: $1750 Airbnb ROI: 0.99% Traditional ROI: 4.69%
6643 Van Buren Avenue Hammond, IN This investment property has been a money maker for the last few years and now it's availa...	5 beds \| 3 baths \| N/A	$225,000	Airbnb cash on cash: N/A Traditional cash on cash: 11.53% Airbnb Rental Income: $null Traditional Rental Income: $3120 Airbnb ROI: N/A Traditional ROI: 11.53%
6405 Kennedy Avenue Hammond, IN Two rented apartments plus owner operated tavern with 3 way license. Large corner lot wit...	5 beds \| 4 baths \| N/A	$260,000	Airbnb cash on cash: N/A Traditional cash on cash: 11.89% Airbnb Rental Income: $null Traditional Rental Income: $3677 Airbnb ROI: N/A Traditional ROI: 11.89%
7436 Columbia Avenue Hammond, IN Don't miss out on this fantastic opportunity to own a charming 3-bedroom, 1-bathroom ranch...	3 beds \| 1 baths \| 1,411 sq.ft.	$159,000	Airbnb cash on cash: 2.62% Traditional cash on cash: 5.76% Airbnb Rental Income: $1175 Traditional Rental Income: $1267 Airbnb ROI: 2.62% Traditional ROI: 5.76%
7204 Kentucky Avenue Hammond, IN Welcome to this beautifully renovated 5-bedroom, 3-bathroom home in Hammond, Indiana. As y...	5 beds \| 3 baths \| 2,138 sq.ft.	$264,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.39% Airbnb Rental Income: $null Traditional Rental Income: $2363 Airbnb ROI: N/A Traditional ROI: 7.39%
7505 Knickerbocker Pkwy Hammond, IN Welcome to this meticulously remodeled brick ranch, a spacious retreat offering 2,686 squa...	4 beds \| 2 baths \| 2,686 sq.ft.	$343,000	Airbnb cash on cash: 1.05% Traditional cash on cash: 5.96% Airbnb Rental Income: $1434 Traditional Rental Income: $2589 Airbnb ROI: 1.05% Traditional ROI: 5.96%
922 Carroll Street Hammond, IN Absolutely Gorgeous 4 Bedroom 2 Bath home with a living room and dining room perfect for g...	4 beds \| 2 baths \| 1,601 sq.ft.	$239,900	Airbnb cash on cash: 2.53% Traditional cash on cash: 7.64% Airbnb Rental Income: $1434 Traditional Rental Income: $2164 Airbnb ROI: 2.53% Traditional ROI: 7.64%
4212 Johnson Avenue Hammond, IN Presenting a stunning new construction ranch home, perfectly positioned on a corner lot! T...	3 beds \| 2 baths \| 1,295 sq.ft.	$269,900	Airbnb cash on cash: 1.39% Traditional cash on cash: 6.51% Airbnb Rental Income: $1175 Traditional Rental Income: $2092 Airbnb ROI: 1.39% Traditional ROI: 6.51%
1006 Eaton Street Hammond, IN BACK ON MARKET! Enjoy the best of both worlds: a quick 25-35 minute drive to vibrant downt...	4 beds \| 2 baths \| 2,128 sq.ft.	$255,999	Airbnb cash on cash: 1.87% Traditional cash on cash: 7.63% Airbnb Rental Income: $1434 Traditional Rental Income: $2399 Airbnb ROI: 1.87% Traditional ROI: 7.63%
5969 Park Place Hammond, IN Turnkey 4 units in a great quiet neighborhood. The main floor unit is a huge 2 bed unit va...	5 beds \| 4 baths \| N/A	$349,950	Airbnb cash on cash: N/A Traditional cash on cash: 7.87% Airbnb Rental Income: $null Traditional Rental Income: $3572 Airbnb ROI: N/A Traditional ROI: 7.87%
4314 Sheffield Avenue Hammond, IN This 2-bedroom, 1-bath bungalow home features an enclosed front porch that opens to a brig...	2 beds \| 1 baths \| 1,672 sq.ft.	$149,900	Airbnb cash on cash: 6.59% Traditional cash on cash: 6.29% Airbnb Rental Income: $1801 Traditional Rental Income: $1269 Airbnb ROI: 6.59% Traditional ROI: 6.29%
4412 Dearborn Avenue Hammond, IN Charming Cape Cod Home in Hammond, IN - 3 Bed, 1 Bath, Bonus Spaces & More!Welcome to this...	3 beds \| 1 baths \| 1,080 sq.ft.	$114,900	Airbnb cash on cash: 4.14% Traditional cash on cash: 10.39% Airbnb Rental Income: $1175 Traditional Rental Income: $1484 Airbnb ROI: 4.14% Traditional ROI: 10.39%
7216 Mclaughlin Avenue Hammond, IN Welcome to this beautifully updated Cape Cod-style brick home, offering timeless charm wit...	3 beds \| 1 baths \| 1,404 sq.ft.	$209,900	Airbnb cash on cash: 1% Traditional cash on cash: 4.67% Airbnb Rental Income: $1175 Traditional Rental Income: $1520 Airbnb ROI: 1% Traditional ROI: 4.67%
6832 Waveland Avenue Hammond, IN Charming 3-Bedroom Brick Home in a Prime Hammond LocationWelcome to this spacious 3-bedroo...	3 beds \| 2 baths \| 2,114 sq.ft.	$244,999	Airbnb cash on cash: 1.25% Traditional cash on cash: 7.73% Airbnb Rental Income: $1175 Traditional Rental Income: $2290 Airbnb ROI: 1.25% Traditional ROI: 7.73%
7230 Mclaughlin Avenue Hammond, IN Enter into this beautifully updated 3-bedroom Cape Cod, where classic charm meets modern c...	3 beds \| 1 baths \| 2,276 sq.ft.	$234,900	Airbnb cash on cash: 1.43% Traditional cash on cash: 5.22% Airbnb Rental Income: $1175 Traditional Rental Income: $1633 Airbnb ROI: 1.43% Traditional ROI: 5.22%
7204 Carolina Avenue Hammond, IN GORGEOUS CAPE COD! 3 bedroom, 2 bath with finished Basement. Newer Interior, replacement w...	3 beds \| 2 baths \| 2,252 sq.ft.	$227,900	Airbnb cash on cash: 0.95% Traditional cash on cash: 7.97% Airbnb Rental Income: $1175 Traditional Rental Income: $2302 Airbnb ROI: 0.95% Traditional ROI: 7.97%
6633 S Mccook Avenue Hammond, IN 3 Bedroom Home For Sale In Hammond * Large Living Room * Eat In Kitchen * 3 Nice-Sized Be...	3 beds \| 1 baths \| 1,053 sq.ft.	$162,900	Airbnb cash on cash: 1.02% Traditional cash on cash: 4.86% Airbnb Rental Income: $1175 Traditional Rental Income: $1388 Airbnb ROI: 1.02% Traditional ROI: 4.86%
939 Cherry Street Hammond, IN This 3-bedroom, 2-bath home is full of charm and potential! With a good-sized kitchen, new...	3 beds \| 2 baths \| 1,462 sq.ft.	$135,000	Airbnb cash on cash: 1.73% Traditional cash on cash: 9.99% Airbnb Rental Income: $1175 Traditional Rental Income: $1862 Airbnb ROI: 1.73% Traditional ROI: 9.99%
4 Warren Street Hammond, IN Step into timeless charm with this 1909 corner-lot home, featuring original wood floors an...	4 beds \| 1 baths \| 1,775 sq.ft.	$149,900	Airbnb cash on cash: 4.42% Traditional cash on cash: 8.37% Airbnb Rental Income: $1434 Traditional Rental Income: $1573 Airbnb ROI: 4.42% Traditional ROI: 8.37%
3746 Henry Avenue Hammond, IN Exciting opportunity! This frame Ranch offers 2 bedrooms, 1 bath and a basement that can ...	2 beds \| 1 baths \| 788 sq.ft.	$119,900	Airbnb cash on cash: 7.26% Traditional cash on cash: 6.65% Airbnb Rental Income: $1801 Traditional Rental Income: $1242 Airbnb ROI: 7.26% Traditional ROI: 6.65%
7149 Tapper Avenue Hammond, IN Motivated Seller*** Welcome to this spacious and beautifully maintained home in Hammond, o...	3 beds \| 2 baths \| 1,449 sq.ft.	$207,000	Airbnb cash on cash: 1.62% Traditional cash on cash: 7.21% Airbnb Rental Income: $1175 Traditional Rental Income: $1888 Airbnb ROI: 1.62% Traditional ROI: 7.21%
7213 Tapper Avenue Hammond, IN ATTENTION FIRST-TIME BUYERS3,000 TOWARDS UPDATES**BUY THIS HOME WITH LITTLE TO NO MONE...	3 beds \| 2 baths \| 1,450 sq.ft.	$196,900	Airbnb cash on cash: 1.72% Traditional cash on cash: 7.57% Airbnb Rental Income: $1175 Traditional Rental Income: $1883 Airbnb ROI: 1.72% Traditional ROI: 7.57%
7211 Alexander Avenue Hammond, IN Welcome to this spacious 4-bedroom home featuring numerous updates and a fantastic locatio...	4 beds \| 2 baths \| 1,785 sq.ft.	$214,900	Airbnb cash on cash: 2.6% Traditional cash on cash: 8.25% Airbnb Rental Income: $1434 Traditional Rental Income: $2157 Airbnb ROI: 2.6% Traditional ROI: 8.25%
3448 164th Street Hammond, IN Move-in ready residence offers 3 bedrooms and 1 bathroom--ideal for first-time buyers, dow...	3 beds \| 1 baths \| 1,011 sq.ft.	$180,000	Airbnb cash on cash: 2.37% Traditional cash on cash: 5.81% Airbnb Rental Income: $1175 Traditional Rental Income: $1379 Airbnb ROI: 2.37% Traditional ROI: 5.81%
5960 White Oak Avenue Hammond, IN Seller Is Motivated \| 5960 White Oak Ave, Hammond, IN 463203 Bed \| 1 Bath \| 1,032 Sq F...	3 beds \| 1 baths \| 1,032 sq.ft.	$119,700	Airbnb cash on cash: 3.55% Traditional cash on cash: 8.84% Airbnb Rental Income: $1175 Traditional Rental Income: $1401 Airbnb ROI: 3.55% Traditional ROI: 8.84%
6612 Alexander Avenue Hammond, IN Big sweat equity opportunity!2 bed, 1 bath ranch home in a great location could be a beaut...	2 beds \| 1 baths \| 1,328 sq.ft.	$115,000	Airbnb cash on cash: 5.55% Traditional cash on cash: 6.98% Airbnb Rental Income: $1801 Traditional Rental Income: $1470 Airbnb ROI: 5.55% Traditional ROI: 6.98%
6724 Arkansas Avenue Hammond, IN Welcome home to this beautifully updated 3-bedroom, 3-full-bath residence! The spacious pr...	3 beds \| 3 baths \| 2,430 sq.ft.	$279,900	Airbnb cash on cash: 1.42% Traditional cash on cash: 9.22% Airbnb Rental Income: $1175 Traditional Rental Income: $2847 Airbnb ROI: 1.42% Traditional ROI: 9.22%
7335 Delaware Avenue Hammond, IN Welcome to this beautifully updated, well maintained and move-in-ready ranch, perfectly si...	4 beds \| 1 baths \| 1,406 sq.ft.	$229,900	Airbnb cash on cash: 2.11% Traditional cash on cash: 5.12% Airbnb Rental Income: $1434 Traditional Rental Income: $1661 Airbnb ROI: 2.11% Traditional ROI: 5.12%
7255 Hohman Avenue Hammond, IN Spacious 5-bedroom 4 bath ranch home on corner lot with finished walkout basement in ideal...	5 beds \| 4 baths \| N/A	$349,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.46% Airbnb Rental Income: $null Traditional Rental Income: $3246 Airbnb ROI: N/A Traditional ROI: 7.46%
2737 173rd Street Hammond, IN PRICE REDUCED!!! ABSOLUTELY BEAUTIFUL, COMPLETELY REMODELED! OPEN CONCEPT 3 bedroom, 2 FUL...	3 beds \| 2 baths \| 1,920 sq.ft.	$249,900	Airbnb cash on cash: 1.28% Traditional cash on cash: 7.17% Airbnb Rental Income: $1175 Traditional Rental Income: $2181 Airbnb ROI: 1.28% Traditional ROI: 7.17%

Real Estate investment in Hammond, IN

There are 68 properties for sale in the city of Hammond . The median list price in Hammond is $207,000 and the average price per square foot is $134. In September 2025, the average monthly cash on cash return in Hammond is 7.00%. The average monthly rental income in Hammond is $1,709.

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

There are 68 investment properties available for sale in Hammond.

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

The ROI for Long-Term is higher than the Short-Term in Hammond with average rental income of $1,709.

Your search for investment property begins and ends here

Investment Property for Sale in Hammond, IN

9 172nd Street

Hammond, IN

4 beds | 2 baths | 2,283 sq.ft.

$290,000

Airbnb cash on cash: 1.22%

Traditional cash on cash: 6.36%

Airbnb Rental Income: $1434

Traditional Rental Income: $2412

Airbnb ROI: 1.22%

Traditional ROI: 6.36%

3907 177th Street

Hammond, IN

3 beds | 2 baths | 1,288 sq.ft.

$224,900

Airbnb cash on cash: 1.26%

Traditional cash on cash: 5.82%

Airbnb Rental Income: $1175

Traditional Rental Income: $1761

Airbnb ROI: 1.26%

Traditional ROI: 5.82%

1630 170th Place

Hammond, IN

2 beds | 1 baths | 1,080 sq.ft.

$198,400

Airbnb cash on cash: 4.57%

Traditional cash on cash: 4.56%

Airbnb Rental Income: $1801

Traditional Rental Income: $1311

Airbnb ROI: 4.57%

Traditional ROI: 4.56%

6639 Alexander Avenue

Hammond, IN

3 beds | 2 baths | N/A

$199,000

Airbnb cash on cash: 4.09%

Traditional cash on cash: 3.94%

Airbnb Rental Income: $1801

Traditional Rental Income: $1284

Airbnb ROI: 4.09%

Traditional ROI: 3.94%

6523 Jackson Avenue

Hammond, IN

4 beds | 3 baths | 3,066 sq.ft.

$275,000

Airbnb cash on cash: 1.36%

Traditional cash on cash: 9.04%

Airbnb Rental Income: $1434

Traditional Rental Income: $2997

Airbnb ROI: 1.36%

Traditional ROI: 9.04%

7628 Birch Avenue

Hammond, IN

2 beds | 1 baths | 967 sq.ft.

$150,000

Airbnb cash on cash: 6.72%

Traditional cash on cash: 6.33%

Airbnb Rental Income: $1801

Traditional Rental Income: $1255

Airbnb ROI: 6.72%

Traditional ROI: 6.33%

7349 Arizona Avenue

Hammond, IN

3 beds | 2 baths | 2,378 sq.ft.

$275,000

Airbnb cash on cash: 0.99%

Traditional cash on cash: 4.69%

Airbnb Rental Income: $1175

Traditional Rental Income: $1750

Airbnb ROI: 0.99%

Traditional ROI: 4.69%

6643 Van Buren Avenue

Hammond, IN

5 beds | 3 baths | N/A

$225,000

Airbnb cash on cash: N/A

Traditional cash on cash: 11.53%

Airbnb Rental Income: $null

Traditional Rental Income: $3120

Airbnb ROI: N/A