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
4911 Pine Avenue Hammond, IN Welcome to this beautifully updated 2-story home featuring 4 bedrooms and 2 full baths. St...	4 beds \| 2 baths \| 1,332 sq.ft.	$239,900	Airbnb cash on cash: 2.07% Traditional cash on cash: 5.85% Airbnb Rental Income: $1419 Traditional Rental Income: $1849 Airbnb ROI: 2.07% Traditional ROI: 5.85%
7335 Tapper Avenue Hammond, IN Charming 2-Story Brick Home with Classic Character! Welcome home to this beautifully maint...	2 beds \| 1 baths \| 1,000 sq.ft.	$185,000	Airbnb cash on cash: 4.03% Traditional cash on cash: 4.78% Airbnb Rental Income: $1570 Traditional Rental Income: $1251 Airbnb ROI: 4.03% Traditional ROI: 4.78%
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.	$219,900	Airbnb cash on cash: -0.17% Traditional cash on cash: 5.97% Airbnb Rental Income: $805 Traditional Rental Income: $1761 Airbnb ROI: -0.17% Traditional ROI: 5.97%
7728 Beech Avenue Hammond, IN Updated & Remodeled Home in Hammond's Desirable Beverly Section! Located just off River D...	2 beds \| 1 baths \| 800 sq.ft.	$180,000	Airbnb cash on cash: 3.26% Traditional cash on cash: 3.66% Airbnb Rental Income: $1570 Traditional Rental Income: $1188 Airbnb ROI: 3.26% Traditional ROI: 3.66%
5259 State Line Avenue Hammond, IN ATTENTION INVESTORS!! Close proximity to the Illinois/Indiana Border, the Hammond Academy ...	3 beds \| 1 baths \| 1,260 sq.ft.	$130,000	Airbnb cash on cash: 0.6% Traditional cash on cash: 9.52% Airbnb Rental Income: $805 Traditional Rental Income: $1596 Airbnb ROI: 0.6% Traditional ROI: 9.52%
7216 Montana Avenue Hammond, IN Welcoming Curb Appeal & Relaxing Backyard! This 3-bedroom, 2-bath home pairs classic curb ...	3 beds \| 2 baths \| 1,392 sq.ft.	$250,000	Airbnb cash on cash: -0.41% Traditional cash on cash: 5.45% Airbnb Rental Income: $805 Traditional Rental Income: $1866 Airbnb ROI: -0.41% Traditional ROI: 5.45%
1038 Ridge Street Hammond, IN Take a look at this beautiful 3 bedroom 2 bathroom Ranch home with a full finished basemen...	3 beds \| 2 baths \| 1,078 sq.ft.	$239,900	Airbnb cash on cash: -0.17% Traditional cash on cash: 4.78% Airbnb Rental Income: $805 Traditional Rental Income: $1603 Airbnb ROI: -0.17% Traditional ROI: 4.78%
6844 Ridgeland Avenue Hammond, IN MOTIVATED SELLER. This home is packed with potential and ready for your vision. Inside you...	3 beds \| 1 baths \| 1,286 sq.ft.	$180,000	Airbnb cash on cash: -0.68% Traditional cash on cash: 5.32% Airbnb Rental Income: $805 Traditional Rental Income: $1509 Airbnb ROI: -0.68% Traditional ROI: 5.32%
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%
6126 Harrison Avenue Hammond, IN Don't miss out on this newly, fully gutted and rehabbed 4br 2ba home with full walk out ba...	4 beds \| 2 baths \| 1,875 sq.ft.	$348,000	Airbnb cash on cash: 0.58% Traditional cash on cash: 4.02% Airbnb Rental Income: $1419 Traditional Rental Income: $2118 Airbnb ROI: 0.58% Traditional ROI: 4.02%
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%
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.	$229,900	Airbnb cash on cash: 2.62% Traditional cash on cash: 8% Airbnb Rental Income: $1419 Traditional Rental Income: $2164 Airbnb ROI: 2.62% Traditional ROI: 8%
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: 0.18% Traditional cash on cash: 6.51% Airbnb Rental Income: $805 Traditional Rental Income: $2092 Airbnb ROI: 0.18% 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 down...	4 beds \| 2 baths \| 2,128 sq.ft.	$239,999	Airbnb cash on cash: 2% Traditional cash on cash: 8.19% Airbnb Rental Income: $1419 Traditional Rental Income: $2399 Airbnb ROI: 2% Traditional ROI: 8.19%
6530 Ohio Avenue Hammond, IN Nice Ranch bungalow, with new floors, new paint, new trim, new kitchen sink, new light fix...	3 beds \| 1 baths \| 925 sq.ft.	$179,999	Airbnb cash on cash: -0.2% Traditional cash on cash: 4.62% Airbnb Rental Income: $805 Traditional Rental Income: $1309 Airbnb ROI: -0.2% Traditional ROI: 4.62%
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	$329,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.4% Airbnb Rental Income: $null Traditional Rental Income: $3572 Airbnb ROI: N/A Traditional ROI: 8.4%
6736 Columbia Avenue Hammond, IN This all brick home with 3 bedrooms and 1 bath, has a full basement and 2 car garage with ...	3 beds \| 1 baths \| 1,274 sq.ft.	$139,900	Airbnb cash on cash: 0.05% Traditional cash on cash: 7.49% Airbnb Rental Income: $805 Traditional Rental Income: $1480 Airbnb ROI: 0.05% Traditional ROI: 7.49%
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: 5.25% Traditional cash on cash: 6.29% Airbnb Rental Income: $1570 Traditional Rental Income: $1269 Airbnb ROI: 5.25% 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: 1.37% Traditional cash on cash: 10.39% Airbnb Rental Income: $805 Traditional Rental Income: $1484 Airbnb ROI: 1.37% Traditional ROI: 10.39%
1629 174th Street Hammond, IN Gorgeous renovated home top to bottom! The front door opens up to the Living room complete...	3 beds \| 2 baths \| 1,136 sq.ft.	$229,700	Airbnb cash on cash: 0.39% Traditional cash on cash: 4.9% Airbnb Rental Income: $805 Traditional Rental Income: $1461 Airbnb ROI: 0.39% Traditional ROI: 4.9%
264 173rd Place Hammond, IN Charming well-maintained Ranch with a basement that boosts 3-bedroom, 1-bath home with bea...	3 beds \| 1 baths \| 1,108 sq.ft.	$226,900	Airbnb cash on cash: 0% Traditional cash on cash: 4.38% Airbnb Rental Income: $805 Traditional Rental Income: $1422 Airbnb ROI: 0% Traditional ROI: 4.38%
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: -0.55% Traditional cash on cash: 4.67% Airbnb Rental Income: $805 Traditional Rental Income: $1520 Airbnb ROI: -0.55% 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: -0.08% Traditional cash on cash: 7.73% Airbnb Rental Income: $805 Traditional Rental Income: $2290 Airbnb ROI: -0.08% Traditional ROI: 7.73%
737 Cherry Street Hammond, IN Bright and inviting two story home. The main floor welcomes you with a sun filled living r...	3 beds \| 1 baths \| 1,312 sq.ft.	$159,900	Airbnb cash on cash: 0.54% Traditional cash on cash: 7.25% Airbnb Rental Income: $805 Traditional Rental Income: $1506 Airbnb ROI: 0.54% Traditional ROI: 7.25%
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.	$224,900	Airbnb cash on cash: 0.09% Traditional cash on cash: 5.49% Airbnb Rental Income: $805 Traditional Rental Income: $1633 Airbnb ROI: 0.09% Traditional ROI: 5.49%
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.	$148,900	Airbnb cash on cash: 4.36% Traditional cash on cash: 8.43% Airbnb Rental Income: $1419 Traditional Rental Income: $1573 Airbnb ROI: 4.36% Traditional ROI: 8.43%
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: 5.59% Traditional cash on cash: 6.65% Airbnb Rental Income: $1570 Traditional Rental Income: $1242 Airbnb ROI: 5.59% Traditional ROI: 6.65%
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: 0.57% Traditional cash on cash: 5.81% Airbnb Rental Income: $805 Traditional Rental Income: $1379 Airbnb ROI: 0.57% 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: 0.88% Traditional cash on cash: 8.84% Airbnb Rental Income: $805 Traditional Rental Income: $1401 Airbnb ROI: 0.88% Traditional ROI: 8.84%
4618 Towle Avenue Hammond, IN Looking for a multi-family rental property in a great area? Look no further! This proper...	5 beds \| 2 baths \| N/A	$164,900	Airbnb cash on cash: -1.02% Traditional cash on cash: 6.51% Airbnb Rental Income: $805 Traditional Rental Income: $1666 Airbnb ROI: -1.02% Traditional ROI: 6.51%
934 Field Street Hammond, IN Charming 2-Bedroom Bungalow in the Heart of Hammond!This delightful bungalow offers 2 spac...	2 beds \| 1 baths \| 963 sq.ft.	$154,900	Airbnb cash on cash: 4.41% Traditional cash on cash: 4.91% Airbnb Rental Income: $1570 Traditional Rental Income: $1194 Airbnb ROI: 4.41% Traditional ROI: 4.91%
7013 Jackson Avenue Hammond, IN Gorgeous VINTAGE home. This home includes HARDWOOD floors, CROWN moldings, FIREPLACE in Li...	3 beds \| 2 baths \| 1,860 sq.ft.	$249,900	Airbnb cash on cash: 0.06% Traditional cash on cash: 7% Airbnb Rental Income: $805 Traditional Rental Income: $2120 Airbnb ROI: 0.06% Traditional ROI: 7%
1130 Drackert Street Hammond, IN Wonderful home with HUGE Potential in Central Hammond!! Possibilities abound with this 3-b...	3 beds \| 1 baths \| 1,090 sq.ft.	$145,000	Airbnb cash on cash: 1.26% Traditional cash on cash: 7.52% Airbnb Rental Income: $805 Traditional Rental Income: $1352 Airbnb ROI: 1.26% Traditional ROI: 7.52%
6329 Calumet Avenue Hammond, IN Back on the market Move-in Ready home featuring 2 bedrooms and 2 full bathrooms, with 2 ad...	2 beds \| 2 baths \| 1,568 sq.ft.	$174,900	Airbnb cash on cash: 4.05% Traditional cash on cash: 8.56% Airbnb Rental Income: $1570 Traditional Rental Income: $1872 Airbnb ROI: 4.05% Traditional ROI: 8.56%
3938 Cameron Avenue Hammond, IN Charming & Move-In Ready! Welcome Home to this well-maintained 2 story, ideally located ne...	2 beds \| 1 baths \| 968 sq.ft.	$204,000	Airbnb cash on cash: 3.44% Traditional cash on cash: 4.45% Airbnb Rental Income: $1570 Traditional Rental Income: $1316 Airbnb ROI: 3.44% Traditional ROI: 4.45%
7402 Harrison Avenue Hammond, IN This beautifully updated 2 bed, 1 bath ranch combines modern updates with cozy charm. The ...	2 beds \| 1 baths \| 792 sq.ft.	$149,900	Airbnb cash on cash: 4.98% Traditional cash on cash: 4.53% Airbnb Rental Income: $1570 Traditional Rental Income: $1055 Airbnb ROI: 4.98% Traditional ROI: 4.53%
2945 Orchard Drive Hammond, IN Charming Multi-level home with Income potential! Located at 2945 Orchard Dr in Hammond's H...	3 beds \| 2 baths \| 2,994 sq.ft.	$205,000	Airbnb cash on cash: -0.93% Traditional cash on cash: 8.76% Airbnb Rental Income: $805 Traditional Rental Income: $2366 Airbnb ROI: -0.93% Traditional ROI: 8.76%
12 169th Street Hammond, IN A beautifully updated 3bedroom, 2bath home located in a prime neighborhood features a newl...	3 beds \| 2 baths \| 1,667 sq.ft.	$209,900	Airbnb cash on cash: -1.1% Traditional cash on cash: 6.62% Airbnb Rental Income: $805 Traditional Rental Income: $2018 Airbnb ROI: -1.1% Traditional ROI: 6.62%

Real Estate investment in Hammond, IN

There are 80 properties for sale in the city of Hammond . The median list price in Hammond is $202,000 and the average price per square foot is $142. In October 2025, the average monthly cash on cash return in Hammond is 6.00%. The average monthly rental income in Hammond is $1,527.

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

There are 80 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 $1,527.

Your search for investment property begins and ends here

Investment Property for Sale in Hammond, IN

4911 Pine Avenue

Hammond, IN

4 beds | 2 baths | 1,332 sq.ft.

$239,900

Airbnb cash on cash: 2.07%

Traditional cash on cash: 5.85%

Airbnb Rental Income: $1419

Traditional Rental Income: $1849

Airbnb ROI: 2.07%

Traditional ROI: 5.85%

7335 Tapper Avenue

Hammond, IN

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

$185,000

Airbnb cash on cash: 4.03%

Traditional cash on cash: 4.78%

Airbnb Rental Income: $1570

Traditional Rental Income: $1251

Airbnb ROI: 4.03%

Traditional ROI: 4.78%

3907 177th Street

Hammond, IN

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

$219,900

Airbnb cash on cash: -0.17%

Traditional cash on cash: 5.97%

Airbnb Rental Income: $805

Traditional Rental Income: $1761

Airbnb ROI: -0.17%

Traditional ROI: 5.97%

7728 Beech Avenue

Hammond, IN

2 beds | 1 baths | 800 sq.ft.

$180,000

Airbnb cash on cash: 3.26%

Traditional cash on cash: 3.66%

Airbnb Rental Income: $1570

Traditional Rental Income: $1188

Airbnb ROI: 3.26%

Traditional ROI: 3.66%

5259 State Line Avenue

Hammond, IN

3 beds | 1 baths | 1,260 sq.ft.

$130,000

Airbnb cash on cash: 0.6%

Traditional cash on cash: 9.52%

Airbnb Rental Income: $805

Traditional Rental Income: $1596

Airbnb ROI: 0.6%

Traditional ROI: 9.52%

7216 Montana Avenue

Hammond, IN

3 beds | 2 baths | 1,392 sq.ft.

$250,000

Airbnb cash on cash: -0.41%

Traditional cash on cash: 5.45%

Airbnb Rental Income: $805

Traditional Rental Income: $1866

Airbnb ROI: -0.41%

Traditional ROI: 5.45%

1038 Ridge Street

Hammond, IN

3 beds | 2 baths | 1,078 sq.ft.

$239,900

Airbnb cash on cash: -0.17%

Traditional cash on cash: 4.78%

Airbnb Rental Income: $805

Traditional Rental Income: $1603

Airbnb ROI: -0.17%

Traditional ROI: 4.78%

6844 Ridgeland Avenue

Hammond, IN

3 beds | 1 baths | 1,286 sq.ft.

$180,000

Airbnb cash on cash: -0.68%

Traditional cash on cash: 5.32%

Airbnb Rental Income: $805

Traditional Rental Income: $1509

Airbnb ROI: -0.68%