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
6630 Hohman Avenue Hammond, IN Private Retreat feel with everyday convenience! This beautifully maintained custom ranch i...	3 beds \| 2 baths \| 2,694 sq.ft.	$350,000	Airbnb cash on cash: -1.22% Traditional cash on cash: 4.71% Airbnb Rental Income: $687 Traditional Rental Income: $2331 Airbnb ROI: -1.22% Traditional ROI: 4.71%
6639 New Hampshire Avenue Hammond, IN Welcome to this stunning, completely remodeled 4-bedroom, 2-bathroom home offering 1,354 s...	4 beds \| 2 baths \| 1,354 sq.ft.	$229,900	Airbnb cash on cash: 2.92% Traditional cash on cash: 5.79% Airbnb Rental Income: $1581 Traditional Rental Income: $1752 Airbnb ROI: 2.92% Traditional ROI: 5.79%
3510 170th Court Hammond, IN Super stylish and AFFORDABLE townhome in Hessville! This move-in ready home offers THREE b...	3 beds \| 2 baths \| 1,154 sq.ft.	$135,000	Airbnb cash on cash: -0.8% Traditional cash on cash: 7.42% Airbnb Rental Income: $687 Traditional Rental Income: $1449 Airbnb ROI: -0.8% Traditional ROI: 7.42%
6220 Garfield Avenue Hammond, IN Rare opportunity to own a true FIVE-bedroom, THREE-bath single-family home in Hammond with...	4 beds \| 3 baths \| 2,074 sq.ft.	$199,900	Airbnb cash on cash: 3.05% Traditional cash on cash: 11% Airbnb Rental Income: $1581 Traditional Rental Income: $2637 Airbnb ROI: 3.05% Traditional ROI: 11%
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.	$209,900	Airbnb cash on cash: 3.18% Traditional cash on cash: 6.8% Airbnb Rental Income: $1581 Traditional Rental Income: $1849 Airbnb ROI: 3.18% Traditional ROI: 6.8%
3143 Parkway N Street Hammond, IN Up-Dated, CHARMING CAPE COD ON PARKWAY NORTH! This well-maintained 3-bedroom, 1.25-bath ho...	3 beds \| 2 baths \| 2,122 sq.ft.	$199,900	Airbnb cash on cash: -0.2% Traditional cash on cash: 8.96% Airbnb Rental Income: $687 Traditional Rental Income: $2120 Airbnb ROI: -0.2% Traditional ROI: 8.96%
7418 Howard Avenue Hammond, IN If you have been looking for a property with upside, this Hammond home is worth a look. Fe...	2 beds \| 1 baths \| 696 sq.ft.	$139,900	Airbnb cash on cash: 5.82% Traditional cash on cash: 4.24% Airbnb Rental Income: $1592 Traditional Rental Income: $926 Airbnb ROI: 5.82% Traditional ROI: 4.24%
7728 Beech Avenue Hammond, IN Updated & Remodeled Home in Hammond's Desirable Beverly Section! Located just off River Dr...	3 beds \| 1 baths \| 800 sq.ft.	$180,000	Airbnb cash on cash: -1.04% Traditional cash on cash: 3.66% Airbnb Rental Income: $687 Traditional Rental Income: $1188 Airbnb ROI: -1.04% Traditional ROI: 3.66%
3134 Cleveland Street Hammond, IN This home offers almost 2,000 finished sq. ft. of comfortable living space and thoughtful,...	3 beds \| 1 baths \| 1,968 sq.ft.	$196,500	Airbnb cash on cash: -1.58% Traditional cash on cash: 6.4% Airbnb Rental Income: $687 Traditional Rental Income: $1872 Airbnb ROI: -1.58% Traditional ROI: 6.4%
6832 Waveland Avenue Hammond, IN Charming 3-Bedroom Brick Home in a Prime Hammond Location Welcome to this spacious 3-bedro...	3 beds \| 2 baths \| 2,114 sq.ft.	$243,999	Airbnb cash on cash: -0.51% Traditional cash on cash: 7.76% Airbnb Rental Income: $687 Traditional Rental Income: $2290 Airbnb ROI: -0.51% Traditional ROI: 7.76%
7230 Mclaughlin Avenue Hammond, IN Entering in this beautifully updated 3 bedroom Cape Cod, you will experience where classic...	3 beds \| 1 baths \| 2,276 sq.ft.	$219,900	Airbnb cash on cash: -0.33% Traditional cash on cash: 5.67% Airbnb Rental Income: $687 Traditional Rental Income: $1633 Airbnb ROI: -0.33% Traditional ROI: 5.67%
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% Traditional cash on cash: 5.81% Airbnb Rental Income: $687 Traditional Rental Income: $1379 Airbnb ROI: 0% Traditional ROI: 5.81%
2945 Orchard Drive Hammond, IN Located directly across from Hessville park, this versatile home offers a spacious 2-bedro...	3 beds \| 2 baths \| 2,994 sq.ft.	$200,000	Airbnb cash on cash: -1.14% Traditional cash on cash: 9.31% Airbnb Rental Income: $687 Traditional Rental Income: $2366 Airbnb ROI: -1.14% Traditional ROI: 9.31%
6612 Missouri Avenue Hammond, IN Well-Maintained Ranch Offering Comfortable Living and Convenient Location. Owned and caref...	3 beds \| 1 baths \| 1,190 sq.ft.	$197,900	Airbnb cash on cash: -0.08% Traditional cash on cash: 6.03% Airbnb Rental Income: $687 Traditional Rental Income: $1530 Airbnb ROI: -0.08% Traditional ROI: 6.03%
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: 3.84% Traditional cash on cash: 3.76% Airbnb Rental Income: $1592 Traditional Rental Income: $1124 Airbnb ROI: 3.84% 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: 4.22% Traditional cash on cash: 4.7% Airbnb Rental Income: $1592 Traditional Rental Income: $1213 Airbnb ROI: 4.22% 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: 4.3% Traditional cash on cash: 4.63% Airbnb Rental Income: $1592 Traditional Rental Income: $1189 Airbnb ROI: 4.3% Traditional ROI: 4.63%
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.	$224,900	Airbnb cash on cash: 3.09% Traditional cash on cash: 7.76% Airbnb Rental Income: $1581 Traditional Rental Income: $2122 Airbnb ROI: 3.09% Traditional ROI: 7.76%
1615 175th Street Hammond, IN Quaint & Cozy Ranch in Prime Location! This charming 2-bedroom, 1-bath ranch offers the pe...	2 beds \| 1 baths \| 744 sq.ft.	$178,000	Airbnb cash on cash: 4.49% Traditional cash on cash: 4.75% Airbnb Rental Income: $1592 Traditional Rental Income: $1182 Airbnb ROI: 4.49% Traditional ROI: 4.75%
6526 Alexander Avenue Hammond, IN MOTIVATED SELLER! ABSOLUTELY BEAUTIFUL, COMPLETELY REMODELED, 4 bedroom, 2 full bath, FULL...	4 beds \| 2 baths \| 2,488 sq.ft.	$249,900	Airbnb cash on cash: 2.94% Traditional cash on cash: 8.48% Airbnb Rental Income: $1581 Traditional Rental Income: $2438 Airbnb ROI: 2.94% Traditional ROI: 8.48%
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.	$305,000	Airbnb cash on cash: -0.13% Traditional cash on cash: 5.66% Airbnb Rental Income: $687 Traditional Rental Income: $2044 Airbnb ROI: -0.13% Traditional ROI: 5.66%
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.	$305,000	Airbnb cash on cash: -0.13% Traditional cash on cash: 5.57% Airbnb Rental Income: $687 Traditional Rental Income: $2020 Airbnb ROI: -0.13% Traditional ROI: 5.57%
2626 162nd Place Hammond, IN This charming single-family home located at 2626 162nd Pl, Hammond, IN was built in 1943 a...	3 beds \| 1 baths \| 1,350 sq.ft.	$149,999	Airbnb cash on cash: -0.7% Traditional cash on cash: 6.83% Airbnb Rental Income: $687 Traditional Rental Income: $1464 Airbnb ROI: -0.7% Traditional ROI: 6.83%
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: 3.26% Traditional cash on cash: 7.51% Airbnb Rental Income: $1592 Traditional Rental Income: $2002 Airbnb ROI: 3.26% Traditional ROI: 7.51%
7021 Osborn Avenue Hammond, IN This charming 2 bedroom, 1.5-bath home features newer roof and siding, huge family room, a...	2 beds \| 2 baths \| 1,196 sq.ft.	$219,900	Airbnb cash on cash: 3.27% Traditional cash on cash: 4.71% Airbnb Rental Income: $1592 Traditional Rental Income: $1437 Airbnb ROI: 3.27% Traditional ROI: 4.71%
6636 Van Buren Avenue Hammond, IN Opportunity knocks! This well-built home needs cosmetic updates only and offers a solid fo...	2 beds \| 1 baths \| 912 sq.ft.	$149,900	Airbnb cash on cash: 5.54% Traditional cash on cash: 5.47% Airbnb Rental Income: $1592 Traditional Rental Income: $1127 Airbnb ROI: 5.54% Traditional ROI: 5.47%
246 142nd Street Hammond, IN Two Homes on One Property - A Rare Find! Perfect for related living or as an investment op...	6 beds \| 4 baths \| N/A	$335,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.54% Airbnb Rental Income: $null Traditional Rental Income: $3567 Airbnb ROI: N/A Traditional ROI: 8.54%
7730 Rhode Island Court Hammond, IN Updated 3-bedroom, 1.5-bath ranch tucked away on a quiet cul-de-sac with a detached garage...	3 beds \| 2 baths \| 962 sq.ft.	$189,900	Airbnb cash on cash: -1.07% Traditional cash on cash: 4.65% Airbnb Rental Income: $687 Traditional Rental Income: $1416 Airbnb ROI: -1.07% Traditional ROI: 4.65%
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%
922 Summer Street Hammond, IN Calling all investors! Or perhaps you would like family closer, but the flexibility of the...	4 beds \| 2 baths \| N/A	$279,900	Airbnb cash on cash: 2.26% Traditional cash on cash: 6.37% Airbnb Rental Income: $1581 Traditional Rental Income: $2214 Airbnb ROI: 2.26% Traditional ROI: 6.37%
6360 Hohman Avenue Hammond, IN Home offers a prime opportunity in a highly visible, well-traveled area with excellent acc...	3 beds \| 2 baths \| 1,833 sq.ft.	$174,900	Airbnb cash on cash: -1.35% Traditional cash on cash: 9.01% Airbnb Rental Income: $687 Traditional Rental Income: $2108 Airbnb ROI: -1.35% Traditional ROI: 9.01%
1009 River Drive Hammond, IN Come check out this Charming cape cod home in South Hammond. Updated kitchen with stainles...	3 beds \| 2 baths \| 968 sq.ft.	$210,000	Airbnb cash on cash: -1.23% Traditional cash on cash: 3.55% Airbnb Rental Income: $687 Traditional Rental Income: $1336 Airbnb ROI: -1.23% Traditional ROI: 3.55%
3944 S Grover Avenue Hammond, IN Welcome to this beautiful home that has been completely remodeled! Granite countertops, st...	2 beds \| 2 baths \| 1,300 sq.ft.	$189,999	Airbnb cash on cash: 4.15% Traditional cash on cash: 6.94% Airbnb Rental Income: $1592 Traditional Rental Income: $1642 Airbnb ROI: 4.15% Traditional ROI: 6.94%
6808 Carolina Avenue Hammond, IN Great location close to Purdue, located close to major highways for commuting. Two Bedroom...	2 beds \| 2 baths \| 1,254 sq.ft.	$124,900	Airbnb cash on cash: 5.97% Traditional cash on cash: 10.98% Airbnb Rental Income: $1592 Traditional Rental Income: $1740 Airbnb ROI: 5.97% Traditional ROI: 10.98%
3230 175th Place Hammond, IN Beautifully updated 3-bedroom, 2-bath home featuring modern upgrades throughout! Enjoy rem...	3 beds \| 2 baths \| 1,988 sq.ft.	$225,000	Airbnb cash on cash: -0.51% Traditional cash on cash: 7.65% Airbnb Rental Income: $687 Traditional Rental Income: $2123 Airbnb ROI: -0.51% Traditional ROI: 7.65%
5632 Claude Avenue Hammond, IN Truly a great find...This 4 bedroom, 2 full bathroom 2 story home has been totally renovat...	4 beds \| 2 baths \| 1,791 sq.ft.	$268,500	Airbnb cash on cash: 1.91% Traditional cash on cash: 5.47% Airbnb Rental Income: $1581 Traditional Rental Income: $2031 Airbnb ROI: 1.91% Traditional ROI: 5.47%
2622 163rd Place Hammond, IN Welcome to this beautifully updated 3-bedroom, 1 full bath home offering comfort and moder...	3 beds \| 1 baths \| 1,452 sq.ft.	$200,000	Airbnb cash on cash: -0.11% Traditional cash on cash: 5.16% Airbnb Rental Income: $687 Traditional Rental Income: $1383 Airbnb ROI: -0.11% Traditional ROI: 5.16%
7245 Olcott Avenue Hammond, IN From the moment you step inside, you'll feel the care and intention behind this fully remo...	4 beds \| 4 baths \| 2,500 sq.ft.	$320,000	Airbnb cash on cash: 1.7% Traditional cash on cash: 8.8% Airbnb Rental Income: $1581 Traditional Rental Income: $3263 Airbnb ROI: 1.7% Traditional ROI: 8.8%

Real Estate investment in Hammond, IN

There are 62 properties for sale in the city of Hammond . The median list price in Hammond is $200,000 and the average price per square foot is $131. In April 2026, the average monthly cash on cash return in Hammond is 6.00%. The average monthly rental income in Hammond is $1,787.

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

There are 62 investment properties available for sale in Hammond.

In 2026, the best neighborhood to buy investment property is Hammond.

The ROI for Short-Term is higher than the Long-Term in Hammond with average rental income of $687.

Your search for investment property begins and ends here

Investment Property for Sale in Hammond, IN

6630 Hohman Avenue

Hammond, IN

3 beds | 2 baths | 2,694 sq.ft.

$350,000

Airbnb cash on cash: -1.22%

Traditional cash on cash: 4.71%

Airbnb Rental Income: $687

Traditional Rental Income: $2331

Airbnb ROI: -1.22%

Traditional ROI: 4.71%

6639 New Hampshire Avenue

Hammond, IN

4 beds | 2 baths | 1,354 sq.ft.

$229,900

Airbnb cash on cash: 2.92%

Traditional cash on cash: 5.79%

Airbnb Rental Income: $1581

Traditional Rental Income: $1752

Airbnb ROI: 2.92%

Traditional ROI: 5.79%

3510 170th Court

Hammond, IN

3 beds | 2 baths | 1,154 sq.ft.

$135,000

Airbnb cash on cash: -0.8%

Traditional cash on cash: 7.42%

Airbnb Rental Income: $687

Traditional Rental Income: $1449

Airbnb ROI: -0.8%

Traditional ROI: 7.42%

6220 Garfield Avenue

Hammond, IN

4 beds | 3 baths | 2,074 sq.ft.

$199,900

Airbnb cash on cash: 3.05%

Traditional cash on cash: 11%

Airbnb Rental Income: $1581

Traditional Rental Income: $2637

Airbnb ROI: 3.05%

Traditional ROI: 11%

4911 Pine Avenue

Hammond, IN

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

$209,900

Airbnb cash on cash: 3.18%

Traditional cash on cash: 6.8%

Airbnb Rental Income: $1581

Traditional Rental Income: $1849

Airbnb ROI: 3.18%

Traditional ROI: 6.8%

3143 Parkway N Street

Hammond, IN

3 beds | 2 baths | 2,122 sq.ft.

$199,900

Airbnb cash on cash: -0.2%

Traditional cash on cash: 8.96%

Airbnb Rental Income: $687

Traditional Rental Income: $2120

Airbnb ROI: -0.2%

Traditional ROI: 8.96%

7418 Howard Avenue

Hammond, IN

2 beds | 1 baths | 696 sq.ft.

$139,900

Airbnb cash on cash: 5.82%

Traditional cash on cash: 4.24%

Airbnb Rental Income: $1592

Traditional Rental Income: $926

Airbnb ROI: 5.82%

Traditional ROI: 4.24%

7728 Beech Avenue

Hammond, IN

3 beds | 1 baths | 800 sq.ft.

$180,000

Airbnb cash on cash: -1.04%

Traditional cash on cash: 3.66%

Airbnb Rental Income: $687

Traditional Rental Income: $1188

Airbnb ROI: -1.04%