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.	$228,900	Airbnb cash on cash: 5.1% Traditional cash on cash: 6.17% Airbnb Rental Income: $2169 Traditional Rental Income: $1849 Airbnb ROI: 5.1% Traditional ROI: 6.17%
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.	$179,500	Airbnb cash on cash: 4.3% Traditional cash on cash: 4.95% Airbnb Rental Income: $1594 Traditional Rental Income: $1251 Airbnb ROI: 4.3% Traditional ROI: 4.95%
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: 2.12% Traditional cash on cash: 5.97% Airbnb Rental Income: $1376 Traditional Rental Income: $1761 Airbnb ROI: 2.12% 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: 3.37% Traditional cash on cash: 3.66% Airbnb Rental Income: $1594 Traditional Rental Income: $1188 Airbnb ROI: 3.37% 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: 4.41% Traditional cash on cash: 9.52% Airbnb Rental Income: $1376 Traditional Rental Income: $1596 Airbnb ROI: 4.41% Traditional ROI: 9.52%
5257 State Line Avenue Hammond, IN Welcome home to this beautifully updated 2-bedroom, 1-bath home featuring a large, newly r...	2 beds \| 1 baths \| 826 sq.ft.	$175,000	Airbnb cash on cash: 4.28% Traditional cash on cash: 3.55% Airbnb Rental Income: $1594 Traditional Rental Income: $1018 Airbnb ROI: 4.28% Traditional ROI: 3.55%
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: 1.6% Traditional cash on cash: 5.45% Airbnb Rental Income: $1376 Traditional Rental Income: $1866 Airbnb ROI: 1.6% 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.	$225,000	Airbnb cash on cash: 2.12% Traditional cash on cash: 5.15% Airbnb Rental Income: $1376 Traditional Rental Income: $1603 Airbnb ROI: 2.12% Traditional ROI: 5.15%
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.	$265,000	Airbnb cash on cash: 3.89% Traditional cash on cash: 9.41% Airbnb Rental Income: $2169 Traditional Rental Income: $2997 Airbnb ROI: 3.89% Traditional ROI: 9.41%
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: 2.1% Traditional cash on cash: 5.32% Airbnb Rental Income: $1376 Traditional Rental Income: $1509 Airbnb ROI: 2.1% Traditional ROI: 5.32%
7339 California Avenue Hammond, IN WOW WOW WOW - 3000 sq ft home in Hammond with a little bit of everything. Vaulted ceiling...	4 beds \| 3 baths \| 3,080 sq.ft.	$299,000	Airbnb cash on cash: 3.45% Traditional cash on cash: 8.7% Airbnb Rental Income: $2169 Traditional Rental Income: $3098 Airbnb ROI: 3.45% Traditional ROI: 8.7%
6126 Harrison Avenue Hammond, IN Price reduced! Motivated seller says let's make a deal!! Don't miss out on this newly, ful...	4 beds \| 2 baths \| 1,875 sq.ft.	$309,000	Airbnb cash on cash: 2.93% Traditional cash on cash: 4.65% Airbnb Rental Income: $2169 Traditional Rental Income: $2118 Airbnb ROI: 2.93% Traditional ROI: 4.65%
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.	$224,600	Airbnb cash on cash: 5.65% Traditional cash on cash: 8.21% Airbnb Rental Income: $2169 Traditional Rental Income: $2164 Airbnb ROI: 5.65% Traditional ROI: 8.21%
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: 2.05% Traditional cash on cash: 6.51% Airbnb Rental Income: $1376 Traditional Rental Income: $2092 Airbnb ROI: 2.05% Traditional ROI: 6.51%
1037 Ames Street Hammond, IN Beautifully remodeled 3-bedroom, 2-bath home featuring a spacious and functional layout pe...	3 beds \| 2 baths \| 1,679 sq.ft.	$194,900	Airbnb cash on cash: 2.78% Traditional cash on cash: 5.12% Airbnb Rental Income: $1376 Traditional Rental Income: $1391 Airbnb ROI: 2.78% Traditional ROI: 5.12%
4412 Dearborn Avenue Hammond, IN Charming Cape Cod Home in Hammond, IN - 3 Bed, 1 Bath, Bonus Spaces & More! Welcome to th...	3 beds \| 1 baths \| 1,080 sq.ft.	$114,900	Airbnb cash on cash: 5.65% Traditional cash on cash: 10.39% Airbnb Rental Income: $1376 Traditional Rental Income: $1484 Airbnb ROI: 5.65% Traditional ROI: 10.39%
6832 Waveland Avenue Hammond, IN Charming 3-Bedroom Brick Home in a Prime Hammond Location Welcome to this spacious 3-bedr...	3 beds \| 2 baths \| 2,114 sq.ft.	$243,999	Airbnb cash on cash: 1.99% Traditional cash on cash: 7.77% Airbnb Rental Income: $1376 Traditional Rental Income: $2290 Airbnb ROI: 1.99% Traditional ROI: 7.77%
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.	$150,000	Airbnb cash on cash: 3.95% Traditional cash on cash: 7.77% Airbnb Rental Income: $1376 Traditional Rental Income: $1506 Airbnb ROI: 3.95% Traditional ROI: 7.77%
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: 2.32% Traditional cash on cash: 5.49% Airbnb Rental Income: $1376 Traditional Rental Income: $1633 Airbnb ROI: 2.32% 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: 8.75% Traditional cash on cash: 8.43% Airbnb Rental Income: $2169 Traditional Rental Income: $1573 Airbnb ROI: 8.75% Traditional ROI: 8.43%
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: 3.35% Traditional cash on cash: 5.81% Airbnb Rental Income: $1376 Traditional Rental Income: $1379 Airbnb ROI: 3.35% Traditional ROI: 5.81%
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	$149,900	Airbnb cash on cash: 2.3% Traditional cash on cash: 7.24% Airbnb Rental Income: $1376 Traditional Rental Income: $1666 Airbnb ROI: 2.3% Traditional ROI: 7.24%
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.	$152,900	Airbnb cash on cash: 4.61% Traditional cash on cash: 4.98% Airbnb Rental Income: $1594 Traditional Rental Income: $1194 Airbnb ROI: 4.61% Traditional ROI: 4.98%
7013 Jackson Avenue Hammond, IN REDUCED !! MOVE IN BY CHRISTMAS !! (BUYER REJECTED for FINANCING ! ) FHA appraise...	3 beds \| 2 baths \| 1,860 sq.ft.	$229,900	Airbnb cash on cash: 2.34% Traditional cash on cash: 7.68% Airbnb Rental Income: $1376 Traditional Rental Income: $2120 Airbnb ROI: 2.34% Traditional ROI: 7.68%
6329 Calumet Avenue Hammond, IN Enjoy a brand-new galley-style kitchen with 42-inch soft-close shaker cabinets, GRANITE co...	2 beds \| 2 baths \| 1,484 sq.ft.	$189,900	Airbnb cash on cash: 3.77% Traditional cash on cash: 7.83% Airbnb Rental Income: $1594 Traditional Rental Income: $1872 Airbnb ROI: 3.77% Traditional ROI: 7.83%
3938 Cameron Avenue Hammond, IN PRICE REDUCED! Charming & Move-In Ready! Welcome Home to this well-maintained 2 story, ide...	2 beds \| 1 baths \| 968 sq.ft.	$199,000	Airbnb cash on cash: 3.65% Traditional cash on cash: 4.58% Airbnb Rental Income: $1594 Traditional Rental Income: $1316 Airbnb ROI: 3.65% Traditional ROI: 4.58%
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: 5.11% Traditional cash on cash: 4.53% Airbnb Rental Income: $1594 Traditional Rental Income: $1055 Airbnb ROI: 5.11% Traditional ROI: 4.53%
6612 Missouri Avenue Hammond, IN Charming, Well-Maintained Ranch with Surprising Space! Lovingly cared for by the same fam...	3 beds \| 1 baths \| 1,190 sq.ft.	$196,900	Airbnb cash on cash: 3.02% Traditional cash on cash: 6.08% Airbnb Rental Income: $1376 Traditional Rental Income: $1530 Airbnb ROI: 3.02% Traditional ROI: 6.08%
6637 S Mccook Avenue Hammond, IN Welcome home to this fully remodeled 3 bedroom, 1 bathroom home in Hammond, IN! Walking in...	3 beds \| 1 baths \| 1,020 sq.ft.	$218,900	Airbnb cash on cash: 2.56% Traditional cash on cash: 4.69% Airbnb Rental Income: $1376 Traditional Rental Income: $1399 Airbnb ROI: 2.56% Traditional ROI: 4.69%
4729 Henry Avenue Hammond, IN Remodeled and totally reconfigured...this bungalow is stunning. 4 bedrooms and 2 full bath...	4 beds \| 2 baths \| 2,304 sq.ft.	$229,000	Airbnb cash on cash: 5.08% Traditional cash on cash: 8.89% Airbnb Rental Income: $2169 Traditional Rental Income: $2444 Airbnb ROI: 5.08% Traditional ROI: 8.89%
7426 Howard Avenue Hammond, IN Ranch style home with 2 bedrooms, 1 bath, garage and fenced in back yard. Basement is unfi...	2 beds \| 1 baths \| 696 sq.ft.	$169,900	Airbnb cash on cash: 3.85% Traditional cash on cash: 3.76% Airbnb Rental Income: $1594 Traditional Rental Income: $1124 Airbnb ROI: 3.85% Traditional ROI: 3.76%
2621 Cleveland Street Hammond, IN Ranch style home updated with 2 bedrooms, 1 bath, enclosed porch area, garage, Side Drive ...	2 beds \| 1 baths \| 864 sq.ft.	$164,900	Airbnb cash on cash: 4.23% Traditional cash on cash: 4.7% Airbnb Rental Income: $1594 Traditional Rental Income: $1213 Airbnb ROI: 4.23% Traditional ROI: 4.7%
2618 163rd Place Hammond, IN Ranch style, Updated, 2 bedroom, 1 bath home in the Hessville part of Hammond. Home sits o...	2 beds \| 1 baths \| 793 sq.ft.	$164,900	Airbnb cash on cash: 4.31% Traditional cash on cash: 4.63% Airbnb Rental Income: $1594 Traditional Rental Income: $1189 Airbnb ROI: 4.31% Traditional ROI: 4.63%
7416 Alexander Avenue Hammond, IN This charming 2-bedroom, 1-bath ranch offers a comfortable layout with thoughtful updates ...	2 beds \| 1 baths \| 1,261 sq.ft.	$184,900	Airbnb cash on cash: 4.15% Traditional cash on cash: 5.93% Airbnb Rental Income: $1594 Traditional Rental Income: $1452 Airbnb ROI: 4.15% Traditional ROI: 5.93%
7319 Oakdale Avenue Hammond, IN MOTIVATED SELLER. Welcome to this Beautifully updated 3 bedroom 1 bathroom house, a char...	3 beds \| 1 baths \| 1,220 sq.ft.	$199,900	Airbnb cash on cash: 1.93% Traditional cash on cash: 4.58% Airbnb Rental Income: $1376 Traditional Rental Income: $1460 Airbnb ROI: 1.93% Traditional ROI: 4.58%
6621 Monroe Avenue Hammond, IN Welcome to this fully updated 4-bedroom, 2-bath home located in the heart of Hammond, Indi...	4 beds \| 2 baths \| 1,589 sq.ft.	$229,900	Airbnb cash on cash: 5.26% Traditional cash on cash: 7.57% Airbnb Rental Income: $2169 Traditional Rental Income: $2122 Airbnb ROI: 5.26% Traditional ROI: 7.57%
6723 Baring Avenue Hammond, IN Rare Woodmar neighborhood Cape Cod WITHIN WALKING DISTANCE TO THE NEW YMCA and Sportsplex!...	3 beds \| 1 baths \| 1,450 sq.ft.	$199,900	Airbnb cash on cash: 2% Traditional cash on cash: 4.46% Airbnb Rental Income: $1376 Traditional Rental Income: $1423 Airbnb ROI: 2% Traditional ROI: 4.46%
7125 Lindberg Avenue Hammond, IN Charming 3-bedroom, 2-bath ranch--move-in ready with recent updates and thoughtful finishe...	3 beds \| 2 baths \| 1,400 sq.ft.	$254,900	Airbnb cash on cash: 1.75% Traditional cash on cash: 5.66% Airbnb Rental Income: $1376 Traditional Rental Income: $1900 Airbnb ROI: 1.75% Traditional ROI: 5.66%
2728 162nd Street Hammond, IN Welcome to your dream home! This spacious 4-bedroom, 2-bathroom residence offers the perfe...	4 beds \| 2 baths \| 2,023 sq.ft.	$225,000	Airbnb cash on cash: 5.31% Traditional cash on cash: 8.12% Airbnb Rental Income: $2169 Traditional Rental Income: $2216 Airbnb ROI: 5.31% Traditional ROI: 8.12%
7537 Catalpa Avenue Hammond, IN Welcome Home! This beautifully remodeled ranch offers 3 bedrooms and 2 bathrooms with a mo...	3 beds \| 2 baths \| 994 sq.ft.	$224,900	Airbnb cash on cash: 2.45% Traditional cash on cash: 5.03% Airbnb Rental Income: $1376 Traditional Rental Income: $1506 Airbnb ROI: 2.45% Traditional ROI: 5.03%

Real Estate investment in Hammond, IN

There are 73 properties for sale in the city of Hammond . The median list price in Hammond is $199,900 and the average price per square foot is $135. In December 2025, the average monthly cash on cash return in Hammond is 6.00%. The average monthly rental income in Hammond is $1,585.

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

There are 73 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 $1,585.

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.

$228,900

Airbnb cash on cash: 5.1%

Traditional cash on cash: 6.17%

Airbnb Rental Income: $2169

Traditional Rental Income: $1849

Airbnb ROI: 5.1%

Traditional ROI: 6.17%

7335 Tapper Avenue

Hammond, IN

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

$179,500

Airbnb cash on cash: 4.3%

Traditional cash on cash: 4.95%

Airbnb Rental Income: $1594

Traditional Rental Income: $1251

Airbnb ROI: 4.3%

Traditional ROI: 4.95%

3907 177th Street

Hammond, IN

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

$219,900

Airbnb cash on cash: 2.12%

Traditional cash on cash: 5.97%

Airbnb Rental Income: $1376

Traditional Rental Income: $1761

Airbnb ROI: 2.12%

Traditional ROI: 5.97%

7728 Beech Avenue

Hammond, IN

2 beds | 1 baths | 800 sq.ft.

$180,000

Airbnb cash on cash: 3.37%

Traditional cash on cash: 3.66%

Airbnb Rental Income: $1594

Traditional Rental Income: $1188

Airbnb ROI: 3.37%

Traditional ROI: 3.66%

5259 State Line Avenue

Hammond, IN

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

$130,000

Airbnb cash on cash: 4.41%

Traditional cash on cash: 9.52%

Airbnb Rental Income: $1376

Traditional Rental Income: $1596

Airbnb ROI: 4.41%

Traditional ROI: 9.52%

5257 State Line Avenue

Hammond, IN

2 beds | 1 baths | 826 sq.ft.

$175,000

Airbnb cash on cash: 4.28%

Traditional cash on cash: 3.55%

Airbnb Rental Income: $1594

Traditional Rental Income: $1018

Airbnb ROI: 4.28%

Traditional ROI: 3.55%

7216 Montana Avenue

Hammond, IN

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

$250,000

Airbnb cash on cash: 1.6%

Traditional cash on cash: 5.45%

Airbnb Rental Income: $1376

Traditional Rental Income: $1866

Airbnb ROI: 1.6%

Traditional ROI: 5.45%

1038 Ridge Street

Hammond, IN

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

$225,000

Airbnb cash on cash: 2.12%

Traditional cash on cash: 5.15%

Airbnb Rental Income: $1376

Traditional Rental Income: $1603

Airbnb ROI: 2.12%