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
6525 California Avenue Hammond, IN Sprawling Hessville Ranch Home on a Finished Basement Walking Distance to the Elementary S...	3 beds \| 2 baths \| 1,800 sq.ft.	$229,900	Airbnb cash on cash: -0.97% Traditional cash on cash: 6.44% Airbnb Rental Income: $756 Traditional Rental Income: $2053 Airbnb ROI: -0.97% Traditional ROI: 6.44%
6327 Nevada Avenue Hammond, IN Well-maintained, three-bedroom, one-bathroom ranch-style home awaits its new owner. This h...	3 beds \| 1 baths \| 1,056 sq.ft.	$190,000	Airbnb cash on cash: 0.22% Traditional cash on cash: 4.63% Airbnb Rental Income: $756 Traditional Rental Income: $1238 Airbnb ROI: 0.22% Traditional ROI: 4.63%
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.	$134,900	Airbnb cash on cash: -0.36% Traditional cash on cash: 7.42% Airbnb Rental Income: $756 Traditional Rental Income: $1449 Airbnb ROI: -0.36% 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: 4.87% Traditional cash on cash: 11% Airbnb Rental Income: $1997 Traditional Rental Income: $2637 Airbnb ROI: 4.87% Traditional ROI: 11%
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 \| 1,319 sq.ft.	$199,900	Airbnb cash on cash: 0.11% Traditional cash on cash: 8.96% Airbnb Rental Income: $756 Traditional Rental Income: $2120 Airbnb ROI: 0.11% Traditional ROI: 8.96%
921 173rd Street Hammond, IN Come enjoy this spacious home featuring 4 bedrooms, a den, fenced yard, and tons of extra ...	4 beds \| 2 baths \| 1,763 sq.ft.	$232,500	Airbnb cash on cash: 3.28% Traditional cash on cash: 6.06% Airbnb Rental Income: $1997 Traditional Rental Income: $2086 Airbnb ROI: 3.28% Traditional ROI: 6.06%
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: -1.27% Traditional cash on cash: 6.4% Airbnb Rental Income: $756 Traditional Rental Income: $1872 Airbnb ROI: -1.27% 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: -0.26% Traditional cash on cash: 7.76% Airbnb Rental Income: $756 Traditional Rental Income: $2290 Airbnb ROI: -0.26% Traditional ROI: 7.76%
7950 S White Oak Lane Hammond, IN Step into this beautifully remodeled 4-bedroom, 2-bathroom home in Hammond, Indiana, where...	4 beds \| 2 baths \| 1,231 sq.ft.	$244,900	Airbnb cash on cash: 4.34% Traditional cash on cash: 5.48% Airbnb Rental Income: $1997 Traditional Rental Income: $1739 Airbnb ROI: 4.34% Traditional ROI: 5.48%
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: -0.84% Traditional cash on cash: 9.31% Airbnb Rental Income: $756 Traditional Rental Income: $2366 Airbnb ROI: -0.84% 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: 0.23% Traditional cash on cash: 6.03% Airbnb Rental Income: $756 Traditional Rental Income: $1530 Airbnb ROI: 0.23% 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: 0.75% Traditional cash on cash: 3.76% Airbnb Rental Income: $991 Traditional Rental Income: $1124 Airbnb ROI: 0.75% 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: 1.04% Traditional cash on cash: 4.7% Airbnb Rental Income: $991 Traditional Rental Income: $1213 Airbnb ROI: 1.04% 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: 1.12% Traditional cash on cash: 4.63% Airbnb Rental Income: $991 Traditional Rental Income: $1189 Airbnb ROI: 1.12% Traditional ROI: 4.63%
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: 1.53% Traditional cash on cash: 4.75% Airbnb Rental Income: $991 Traditional Rental Income: $1182 Airbnb ROI: 1.53% Traditional ROI: 4.75%
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: 0.1% Traditional cash on cash: 5.79% Airbnb Rental Income: $756 Traditional Rental Income: $2044 Airbnb ROI: 0.1% Traditional ROI: 5.79%
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: 0.1% Traditional cash on cash: 5.7% Airbnb Rental Income: $756 Traditional Rental Income: $2020 Airbnb ROI: 0.1% 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: 0.8% Traditional cash on cash: 7.51% Airbnb Rental Income: $991 Traditional Rental Income: $2002 Airbnb ROI: 0.8% Traditional ROI: 7.51%
7021 Osborn Avenue Hammond, IN Blocks from PURDUE UNIVERSITY, Great Starter Home just in time for a booming Spring Market...	2 beds \| 2 baths \| 1,196 sq.ft.	$199,000	Airbnb cash on cash: 1.13% Traditional cash on cash: 5.36% Airbnb Rental Income: $991 Traditional Rental Income: $1437 Airbnb ROI: 1.13% Traditional ROI: 5.36%
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: -0.75% Traditional cash on cash: 4.65% Airbnb Rental Income: $756 Traditional Rental Income: $1416 Airbnb ROI: -0.75% 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%
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: 1.81% Traditional cash on cash: 10.98% Airbnb Rental Income: $991 Traditional Rental Income: $1740 Airbnb ROI: 1.81% Traditional ROI: 10.98%
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.	$249,900	Airbnb cash on cash: 3.59% Traditional cash on cash: 5.94% Airbnb Rental Income: $1997 Traditional Rental Income: $2031 Airbnb ROI: 3.59% Traditional ROI: 5.94%
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.	$189,900	Airbnb cash on cash: -0.3% Traditional cash on cash: 2.96% Airbnb Rental Income: $756 Traditional Rental Income: $1031 Airbnb ROI: -0.3% Traditional ROI: 2.96%
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.	$329,900	Airbnb cash on cash: -0.66% Traditional cash on cash: 3.48% Airbnb Rental Income: $756 Traditional Rental Income: $1726 Airbnb ROI: -0.66% Traditional ROI: 3.48%
907 Carroll Street Hammond, IN As you arrive, you are welcomed by a charming front porch--perfect for relaxing and enjoyi...	3 beds \| 1 baths \| 1,008 sq.ft.	$245,000	Airbnb cash on cash: -0.02% Traditional cash on cash: 3.21% Airbnb Rental Income: $756 Traditional Rental Income: $1188 Airbnb ROI: -0.02% Traditional ROI: 3.21%
6522 Mccook Avenue Hammond, IN What a great opportunity in a centrally located area for commuting, shopping and dining. 2...	2 beds \| 1 baths \| 768 sq.ft.	$68,000	Airbnb cash on cash: 4.24% Traditional cash on cash: 9.24% Airbnb Rental Income: $991 Traditional Rental Income: $975 Airbnb ROI: 4.24% Traditional ROI: 9.24%
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.	$224,900	Airbnb cash on cash: 4.75% Traditional cash on cash: 6.76% Airbnb Rental Income: $1997 Traditional Rental Income: $1904 Airbnb ROI: 4.75% Traditional ROI: 6.76%
724 Willow Court Hammond, IN Completely renovated and move-in ready, this three bedroom, one bathroom home at offers mo...	3 beds \| 1 baths \| 800 sq.ft.	$199,900	Airbnb cash on cash: 0.58% Traditional cash on cash: 4.45% Airbnb Rental Income: $756 Traditional Rental Income: $1176 Airbnb ROI: 0.58% Traditional ROI: 4.45%
7149 Ontario Avenue Hammond, IN Campus View, fully updated cape cod on a Corner Lot 10 minutes from the new South Hammond ...	3 beds \| 2 baths \| 1,488 sq.ft.	$274,900	Airbnb cash on cash: -1.09% Traditional cash on cash: 4.1% Airbnb Rental Income: $756 Traditional Rental Income: $1787 Airbnb ROI: -1.09% Traditional ROI: 4.1%
1105 Truman Street Hammond, IN Stunning transformation. This 3 bedroom, 2 full bathroom has been completely renovated fro...	3 beds \| 2 baths \| 1,652 sq.ft.	$249,900	Airbnb cash on cash: -0.16% Traditional cash on cash: 6.48% Airbnb Rental Income: $756 Traditional Rental Income: $2008 Airbnb ROI: -0.16% Traditional ROI: 6.48%
6316 Rhode Island Hammond, IN Discover this charming 3-bedroom, 2-bath home tucked away along the beautiful Gibson Woods...	3 beds \| 2 baths \| 963 sq.ft.	$169,900	Airbnb cash on cash: -0.32% Traditional cash on cash: 5.36% Airbnb Rental Income: $756 Traditional Rental Income: $1361 Airbnb ROI: -0.32% Traditional ROI: 5.36%
7511 Idaho Avenue Hammond, IN Welcome home to this beautifully maintained 3 bedroom, 2 bathroom home nestled on a quiet ...	3 beds \| 2 baths \| 1,988 sq.ft.	$259,900	Airbnb cash on cash: -0.37% Traditional cash on cash: 6.38% Airbnb Rental Income: $756 Traditional Rental Income: $2097 Airbnb ROI: -0.37% Traditional ROI: 6.38%
1915 169th Street Hammond, IN Charming brick home offering 3 bedrooms and 1 full bathroom, perfect for comfortable livin...	3 beds \| 1 baths \| 1,120 sq.ft.	$239,900	Airbnb cash on cash: -1.04% Traditional cash on cash: 2.94% Airbnb Rental Income: $756 Traditional Rental Income: $1344 Airbnb ROI: -1.04% Traditional ROI: 2.94%
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.	$264,900	Airbnb cash on cash: -0.75% Traditional cash on cash: 5.44% Airbnb Rental Income: $756 Traditional Rental Income: $1988 Airbnb ROI: -0.75% Traditional ROI: 5.44%
3824 Towle Avenue Hammond, IN Welcome to 3824 Towle Ave -- a beautifully updated ranch in the heart of Hammond! This mov...	2 beds \| 1 baths \| 907 sq.ft.	$169,900	Airbnb cash on cash: 1.53% Traditional cash on cash: 5.02% Airbnb Rental Income: $991 Traditional Rental Income: $1203 Airbnb ROI: 1.53% Traditional ROI: 5.02%
7613 Linden Avenue Hammond, IN Ranch-style home with tons of potential! This 2-bedroom, 1-bath home features a functional...	2 beds \| 1 baths \| 728 sq.ft.	$129,900	Airbnb cash on cash: 1.6% Traditional cash on cash: 4.24% Airbnb Rental Income: $991 Traditional Rental Income: $967 Airbnb ROI: 1.6% Traditional ROI: 4.24%

Real Estate investment in Hammond, IN

There are 53 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 $141. In May 2026, the average monthly cash on cash return in Hammond is 6.00%. The average monthly rental income in Hammond is $1,728.

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

There are 53 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 $756.

Your search for investment property begins and ends here

Investment Property for Sale in Hammond, IN

6525 California Avenue

Hammond, IN

3 beds | 2 baths | 1,800 sq.ft.

$229,900

Airbnb cash on cash: -0.97%

Traditional cash on cash: 6.44%

Airbnb Rental Income: $756

Traditional Rental Income: $2053

Airbnb ROI: -0.97%

Traditional ROI: 6.44%

6327 Nevada Avenue

Hammond, IN

3 beds | 1 baths | 1,056 sq.ft.

$190,000

Airbnb cash on cash: 0.22%

Traditional cash on cash: 4.63%

Airbnb Rental Income: $756

Traditional Rental Income: $1238

Airbnb ROI: 0.22%

Traditional ROI: 4.63%

3510 170th Court

Hammond, IN

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

$134,900

Airbnb cash on cash: -0.36%

Traditional cash on cash: 7.42%

Airbnb Rental Income: $756

Traditional Rental Income: $1449

Airbnb ROI: -0.36%

Traditional ROI: 7.42%

6220 Garfield Avenue

Hammond, IN

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

$199,900

Airbnb cash on cash: 4.87%

Traditional cash on cash: 11%

Airbnb Rental Income: $1997

Traditional Rental Income: $2637

Airbnb ROI: 4.87%

Traditional ROI: 11%

3143 Parkway N Street

Hammond, IN

3 beds | 2 baths | 1,319 sq.ft.

$199,900

Airbnb cash on cash: 0.11%

Traditional cash on cash: 8.96%

Airbnb Rental Income: $756

Traditional Rental Income: $2120

Airbnb ROI: 0.11%

Traditional ROI: 8.96%

921 173rd Street

Hammond, IN

4 beds | 2 baths | 1,763 sq.ft.

$232,500

Airbnb cash on cash: 3.28%

Traditional cash on cash: 6.06%

Airbnb Rental Income: $1997

Traditional Rental Income: $2086

Airbnb ROI: 3.28%

Traditional ROI: 6.06%

3134 Cleveland Street

Hammond, IN

3 beds | 1 baths | 1,968 sq.ft.

$196,500

Airbnb cash on cash: -1.27%

Traditional cash on cash: 6.4%

Airbnb Rental Income: $756

Traditional Rental Income: $1872

Airbnb ROI: -1.27%

Traditional ROI: 6.4%

6832 Waveland Avenue

Hammond, IN

3 beds | 2 baths | 2,114 sq.ft.

$243,999

Airbnb cash on cash: -0.26%

Traditional cash on cash: 7.76%

Airbnb Rental Income: $756

Traditional Rental Income: $2290

Airbnb ROI: -0.26%