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
4828 Oak Avenue Hammond, IN This two-unit rental property in Hammond, IN offers both stable cash flow and versatile li...	6 beds \| 3 baths \| N/A	$259,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.18% Airbnb Rental Income: $null Traditional Rental Income: $2898 Airbnb ROI: N/A Traditional ROI: 9.18%
5941 Birch Avenue Hammond, IN Add this to your Rental Portfolio. Monthly rent is 1,500. Roof 2017, Furnace 2016, Central...	3 beds \| 1 baths \| 900 sq.ft.	$199,000	Airbnb cash on cash: 1.79% Traditional cash on cash: 3.57% Airbnb Rental Income: $1245 Traditional Rental Income: $1184 Airbnb ROI: 1.79% Traditional ROI: 3.57%
920 Highland Street Hammond, IN Welcome to your dream home! This beautiful new build offers 3 bedrooms, 2 bathrooms, and a...	3 beds \| 2 baths \| 1,420 sq.ft.	$299,000	Airbnb cash on cash: 1.54% Traditional cash on cash: 5.79% Airbnb Rental Income: $1245 Traditional Rental Income: $2044 Airbnb ROI: 1.54% Traditional ROI: 5.79%
1517 E 174th Street Hammond, IN Charming ranch-style home featuring 3 spacious bedrooms and 1 full bathroom. This well-mai...	3 beds \| 1 baths \| 673 sq.ft.	$179,900	Airbnb cash on cash: 2.11% Traditional cash on cash: 3.18% Airbnb Rental Income: $1245 Traditional Rental Income: $1031 Airbnb ROI: 2.11% Traditional ROI: 3.18%
5962 Park Place Hammond, IN Move-In Ready 2-Story Home in Hammond! Completely renovated! Enjoy a modern kitchen with q...	3 beds \| 2 baths \| 1,456 sq.ft.	$316,900	Airbnb cash on cash: 0.72% Traditional cash on cash: 3.66% Airbnb Rental Income: $1245 Traditional Rental Income: $1726 Airbnb ROI: 0.72% Traditional ROI: 3.66%
724 Willow Court Hammond, IN Back on the market at no fault of the Seller. Completely renovated and move-in ready, this...	3 beds \| 1 baths \| 800 sq.ft.	$199,900	Airbnb cash on cash: 2.72% Traditional cash on cash: 4.45% Airbnb Rental Income: $1245 Traditional Rental Income: $1176 Airbnb ROI: 2.72% Traditional ROI: 4.45%
610 Highland Street Hammond, IN Welcome to 610 Highland in Hammond -- a spacious and move-in ready home offering flexibili...	3 beds \| 3 baths \| 1,408 sq.ft.	$250,000	Airbnb cash on cash: 0.99% Traditional cash on cash: 5.81% Airbnb Rental Income: $1245 Traditional Rental Income: $1988 Airbnb ROI: 0.99% Traditional ROI: 5.81%
7204 Schneider Avenue Hammond, IN Now featuring recent seller improvements and updates. Well-located ranch just minutes from...	3 beds \| 3 baths \| 2,019 sq.ft.	$265,000	Airbnb cash on cash: 1.44% Traditional cash on cash: 7.48% Airbnb Rental Income: $1245 Traditional Rental Income: $2357 Airbnb ROI: 1.44% Traditional ROI: 7.48%
843 173rd Street Hammond, IN Wonderful 3 bedroom, 2 bath cape cod in move in condition with full basement and 2 car gar...	3 beds \| 2 baths \| 1,129 sq.ft.	$214,900	Airbnb cash on cash: 1.27% Traditional cash on cash: 4.28% Airbnb Rental Income: $1245 Traditional Rental Income: $1460 Airbnb ROI: 1.27% Traditional ROI: 4.28%
266 Dyer Boulevard Hammond, IN Don't miss the great opportunity to own a well-located home just minutes from Downtown Ham...	3 beds \| 2 baths \| 1,216 sq.ft.	$129,900	Airbnb cash on cash: 4.27% Traditional cash on cash: 9.51% Airbnb Rental Income: $1245 Traditional Rental Income: $1503 Airbnb ROI: 4.27% Traditional ROI: 9.51%
1503 Summer Street Hammond, IN RECENTLY UPDATED. BRAND NEW ASPHALT SHINGLE ROOF, SIDING, WINDOWS, EXTERIOR DOORS AND FRON...	2 beds \| 1 baths \| 1,084 sq.ft.	$215,000	Airbnb cash on cash: 2.77% Traditional cash on cash: 3.24% Airbnb Rental Income: $1465 Traditional Rental Income: $1126 Airbnb ROI: 2.77% Traditional ROI: 3.24%
259 Humpfer Street Hammond, IN This well-maintained, charming South Hammond ranch near the new South Shore train station ...	3 beds \| 2 baths \| 1,728 sq.ft.	$224,800	Airbnb cash on cash: 1.89% Traditional cash on cash: 6.76% Airbnb Rental Income: $1245 Traditional Rental Income: $1885 Airbnb ROI: 1.89% Traditional ROI: 6.76%
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.	$284,900	Airbnb cash on cash: 1.67% Traditional cash on cash: 6.31% Airbnb Rental Income: $1245 Traditional Rental Income: $2092 Airbnb ROI: 1.67% Traditional ROI: 6.31%
10 Lawndale Street Hammond, IN A fully updated, income producing two unit property in desirable South Hammond -- perfect ...	4 beds \| 3 baths \| N/A	$279,900	Airbnb cash on cash: 1.77% Traditional cash on cash: 8.12% Airbnb Rental Income: $1662 Traditional Rental Income: $2873 Airbnb ROI: 1.77% Traditional ROI: 8.12%
6333 Monroe Avenue Hammond, IN Welcome home to 6333 Monroe Ave, a classic 3-bedroom, 1-bathroom bungalow, perfectly blend...	3 beds \| 1 baths \| 1,125 sq.ft.	$200,000	Airbnb cash on cash: 2.1% Traditional cash on cash: 4.41% Airbnb Rental Income: $1245 Traditional Rental Income: $1288 Airbnb ROI: 2.1% Traditional ROI: 4.41%
2711 164th Place Hammond, IN Tenants on Mo-Mo leases, Occupancies-5 & 6 years Potential basement possibilities, exterio...	3 beds \| 2 baths \| N/A	$160,000	Airbnb cash on cash: 2.32% Traditional cash on cash: 8.11% Airbnb Rental Income: $1245 Traditional Rental Income: $1733 Airbnb ROI: 2.32% Traditional ROI: 8.11%
236 Dyer Boulevard Hammond, IN Move-in ready 4-bedroom, 2-bath home featuring fresh exterior paint and a beautifully reno...	4 beds \| 2 baths \| 2,744 sq.ft.	$290,000	Airbnb cash on cash: 1.78% Traditional cash on cash: 6.56% Airbnb Rental Income: $1662 Traditional Rental Income: $2502 Airbnb ROI: 1.78% Traditional ROI: 6.56%
1636 E 173rd Place Hammond, IN Nice 3 bedroom, 1.5 bath home in quiet Hammond neighborhood. This home has some updates, b...	3 beds \| 2 baths \| 1,170 sq.ft.	$189,900	Airbnb cash on cash: 2.43% Traditional cash on cash: 6.09% Airbnb Rental Income: $1245 Traditional Rental Income: $1509 Airbnb ROI: 2.43% Traditional ROI: 6.09%
430 E 165th Street Hammond, IN Very Desirable Area of Hammond Indiana - This Recently Remodeled Ranch Style Home is Clean...	2 beds \| 1 baths \| 912 sq.ft.	$239,900	Airbnb cash on cash: 2.05% Traditional cash on cash: 2.7% Airbnb Rental Income: $1465 Traditional Rental Income: $1179 Airbnb ROI: 2.05% Traditional ROI: 2.7%
3635 Nebraska Drive Hammond, IN Looking to add to your portfolio? This 3-bedroom, 2-bath brick home is now available for p...	3 beds \| 2 baths \| 1,493 sq.ft.	$225,000	Airbnb cash on cash: 1.79% Traditional cash on cash: 6.88% Airbnb Rental Income: $1245 Traditional Rental Income: $1933 Airbnb ROI: 1.79% Traditional ROI: 6.88%
3515 164th Street Hammond, IN Welcome home to this beautifully updated, move-in ready property featuring brand-new luxur...	3 beds \| 1 baths \| 1,037 sq.ft.	$169,900	Airbnb cash on cash: 2.5% Traditional cash on cash: 5.78% Airbnb Rental Income: $1245 Traditional Rental Income: $1380 Airbnb ROI: 2.5% Traditional ROI: 5.78%
7809 Belmont Avenue Hammond, IN LOTS of new updates! Be the first to enjoy the recently updated 3 bedroom ranch with easy ...	3 beds \| 1 baths \| 900 sq.ft.	$199,900	Airbnb cash on cash: 1.48% Traditional cash on cash: 3.13% Airbnb Rental Income: $1245 Traditional Rental Income: $1161 Airbnb ROI: 1.48% Traditional ROI: 3.13%
49 Wildwood Road Hammond, IN Welcome home to this beautiful all-brick, two-story Colonial offering 4 bedrooms, 2 1/2 ba...	4 beds \| 3 baths \| 2,871 sq.ft.	$289,900	Airbnb cash on cash: 2.09% Traditional cash on cash: 8.7% Airbnb Rental Income: $1662 Traditional Rental Income: $3001 Airbnb ROI: 2.09% Traditional ROI: 8.7%
7236 Howard Avenue Hammond, IN SOUTH HAMMOND! OPPORTUNITY IS KNOCKING! This SPACIOUS, and SOLIDLY built home, is READY fo...	3 beds \| 2 baths \| 1,200 sq.ft.	$194,900	Airbnb cash on cash: 2.28% Traditional cash on cash: 7.76% Airbnb Rental Income: $1245 Traditional Rental Income: $1862 Airbnb ROI: 2.28% Traditional ROI: 7.76%
3747 Hohman Avenue Hammond, IN Stone exterior home, corner lot, attached 2 car garage, fenced yard. Spacious living room,...	3 beds \| 1 baths \| 1,194 sq.ft.	$168,000	Airbnb cash on cash: 2.78% Traditional cash on cash: 6.31% Airbnb Rental Income: $1245 Traditional Rental Income: $1414 Airbnb ROI: 2.78% Traditional ROI: 6.31%
415 Gostlin Street Hammond, IN Great Investor Opportunity! This beautiful, fully occupied 2 unit property offers immediat...	N/A beds \| N/A baths \| 2,990 sq.ft.	$169,900	Airbnb cash on cash: -0.92% Traditional cash on cash: 4.38% Airbnb Rental Income: $725 Traditional Rental Income: $1273 Airbnb ROI: -0.92% Traditional ROI: 4.38%
4 Waltham Street Hammond, IN Great Investor Opportunity! This beautiful, fully occupied 4 unit property offers immediat...	N/A beds \| N/A baths \| 5,191 sq.ft.	$149,900	Airbnb cash on cash: -0.86% Traditional cash on cash: 4.16% Airbnb Rental Income: $725 Traditional Rental Income: $1136 Airbnb ROI: -0.86% Traditional ROI: 4.16%
830 Wilcox Street Hammond, IN Great Investor Opportunity! This beautiful, fully occupied 2 unit-property offers immediat...	N/A beds \| N/A baths \| 1,040 sq.ft.	$209,900	Airbnb cash on cash: -0.61% Traditional cash on cash: 2.77% Airbnb Rental Income: $725 Traditional Rental Income: $1088 Airbnb ROI: -0.61% Traditional ROI: 2.77%
6636 Maryland Avenue Hammond, IN Enjoy peace of mind with this ONE OWNER HOME that has been lovingly maintained by the same...	3 beds \| 2 baths \| 1,796 sq.ft.	$219,900	Airbnb cash on cash: 0.72% Traditional cash on cash: 6.19% Airbnb Rental Income: $1245 Traditional Rental Income: $1988 Airbnb ROI: 0.72% Traditional ROI: 6.19%
3036 173rd Street Hammond, IN This single family home in Hammond, Indiana offers 960 square feet of living space on a 0....	3 beds \| 1 baths \| 1,920 sq.ft.	$149,900	Airbnb cash on cash: 3.28% Traditional cash on cash: 8.61% Airbnb Rental Income: $1245 Traditional Rental Income: $1613 Airbnb ROI: 3.28% Traditional ROI: 8.61%
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: 3.63% Traditional cash on cash: 4.63% Airbnb Rental Income: $1465 Traditional Rental Income: $1189 Airbnb ROI: 3.63% Traditional ROI: 4.63%
4319 Torrence Avenue Hammond, IN 1.5 Story Frame Home with Great Potential! This 3-bedroom, 1-bath home offers a spacious l...	3 beds \| 1 baths \| 1,020 sq.ft.	$137,900	Airbnb cash on cash: 2.64% Traditional cash on cash: 6.02% Airbnb Rental Income: $1245 Traditional Rental Income: $1296 Airbnb ROI: 2.64% Traditional ROI: 6.02%
3946 Henry Avenue Hammond, IN Welcome to this bright and inviting 2-bedroom ranch featuring new concrete sidewalks and p...	2 beds \| 1 baths \| 936 sq.ft.	$175,000	Airbnb cash on cash: 3.15% Traditional cash on cash: 4.34% Airbnb Rental Income: $1465 Traditional Rental Income: $1230 Airbnb ROI: 3.15% Traditional ROI: 4.34%
924 Highland Street Hammond, IN Welcome to your dream home! This stunning new build offers 3 bedrooms, 2 bathrooms, and a ...	3 beds \| 2 baths \| 1,420 sq.ft.	$299,000	Airbnb cash on cash: 1.54% Traditional cash on cash: 5.7% Airbnb Rental Income: $1245 Traditional Rental Income: $2020 Airbnb ROI: 1.54% Traditional ROI: 5.7%
506 Mulberry Street Hammond, IN This well maintained 2-bedroom, 2-bath home offers exceptional flexibility with a potentia...	2 beds \| 2 baths \| 1,578 sq.ft.	$214,900	Airbnb cash on cash: 2.74% Traditional cash on cash: 7.51% Airbnb Rental Income: $1465 Traditional Rental Income: $2002 Airbnb ROI: 2.74% Traditional ROI: 7.51%
1639 174th Street Hammond, IN Welcome home to this charming 4-bedroom, 2-bath ranch offering comfort, space, and conveni...	4 beds \| 2 baths \| 1,575 sq.ft.	$210,000	Airbnb cash on cash: 3.74% Traditional cash on cash: 7.3% Airbnb Rental Income: $1662 Traditional Rental Income: $1904 Airbnb ROI: 3.74% Traditional ROI: 7.3%

Real Estate investment in Hammond, IN

There are 81 properties for sale in the city of Hammond . The median list price in Hammond is $197,782 and the average price per square foot is $135. In October 2026, the average monthly cash on cash return in Hammond is 6.00%. The average monthly rental income in Hammond is $1,536.

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

There are 81 investment properties available for sale in Hammond.

In 2026, 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 $1,536.

Your search for investment property begins and ends here

Investment Property for Sale in Hammond, IN

4828 Oak Avenue

Hammond, IN

6 beds | 3 baths | N/A

$259,900

Airbnb cash on cash: N/A

Traditional cash on cash: 9.18%

Airbnb Rental Income: $null

Traditional Rental Income: $2898

Airbnb ROI: N/A

Traditional ROI: 9.18%

5941 Birch Avenue

Hammond, IN

3 beds | 1 baths | 900 sq.ft.

$199,000

Airbnb cash on cash: 1.79%

Traditional cash on cash: 3.57%

Airbnb Rental Income: $1245

Traditional Rental Income: $1184

Airbnb ROI: 1.79%

Traditional ROI: 3.57%

920 Highland Street

Hammond, IN

3 beds | 2 baths | 1,420 sq.ft.

$299,000

Airbnb cash on cash: 1.54%

Traditional cash on cash: 5.79%

Airbnb Rental Income: $1245

Traditional Rental Income: $2044

Airbnb ROI: 1.54%

Traditional ROI: 5.79%

1517 E 174th Street

Hammond, IN

3 beds | 1 baths | 673 sq.ft.

$179,900

Airbnb cash on cash: 2.11%

Traditional cash on cash: 3.18%

Airbnb Rental Income: $1245

Traditional Rental Income: $1031

Airbnb ROI: 2.11%

Traditional ROI: 3.18%

5962 Park Place

Hammond, IN

3 beds | 2 baths | 1,456 sq.ft.

$316,900

Airbnb cash on cash: 0.72%

Traditional cash on cash: 3.66%

Airbnb Rental Income: $1245

Traditional Rental Income: $1726

Airbnb ROI: 0.72%

Traditional ROI: 3.66%

724 Willow Court

Hammond, IN

3 beds | 1 baths | 800 sq.ft.

$199,900

Airbnb cash on cash: 2.72%

Traditional cash on cash: 4.45%

Airbnb Rental Income: $1245

Traditional Rental Income: $1176

Airbnb ROI: 2.72%

Traditional ROI: 4.45%

610 Highland Street

Hammond, IN

3 beds | 3 baths | 1,408 sq.ft.

$250,000

Airbnb cash on cash: 0.99%

Traditional cash on cash: 5.81%

Airbnb Rental Income: $1245

Traditional Rental Income: $1988

Airbnb ROI: 0.99%

Traditional ROI: 5.81%

7204 Schneider Avenue

Hammond, IN

3 beds | 3 baths | 2,019 sq.ft.

$265,000

Airbnb cash on cash: 1.44%

Traditional cash on cash: 7.48%

Airbnb Rental Income: $1245

Traditional Rental Income: $2357

Airbnb ROI: 1.44%