Real Estate Investment Properties for Sale in Leo, IN

Looking for investment property in Leo, IN with high ROI ?

Explore a variety of short-term homes & houses in Leo, IN. Invest wisely with VRBO & Leo, 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 Leo, IN

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
9225 Bobcat Trail Leo, IN Tucked beneath the shade of mature trees near the heart of Leo, 9225 Bobcat Trail offers t...	4 beds \| 4 baths \| 2,902 sq.ft.	$440,000	Airbnb cash on cash: 5.5% Traditional cash on cash: 5.84% Airbnb Rental Income: $4041 Traditional Rental Income: $3320 Airbnb ROI: 5.5% Traditional ROI: 5.84%
10479 Beaugreen Cove Leo, IN Welcome to this STUNNING home complete with every thoughtful amenity you can imagine! Nest...	4 beds \| 6 baths \| 5,468 sq.ft.	$1,299,900	Airbnb cash on cash: 0.51% Traditional cash on cash: 3.85% Airbnb Rental Income: $4041 Traditional Rental Income: $7221 Airbnb ROI: 0.51% Traditional ROI: 3.85%
9805 Manning Street Leo, IN NEW PRICE - $414900! OPEN HOUSE SATURDAY JULY 18TH 1-3 PM! Beautiful home for sale in Leo ...	3 beds \| 2 baths \| 2,196 sq.ft.	$414,900	Airbnb cash on cash: -0.99% Traditional cash on cash: 4.29% Airbnb Rental Income: $873 Traditional Rental Income: $2592 Airbnb ROI: -0.99% Traditional ROI: 4.29%
15514 Tonkel Road Leo, IN Unique opportunity to own two parcels totaling 11 acres in a prime location in growing Leo...	3 beds \| 1 baths \| 1,175 sq.ft.	$2,800,000	Airbnb cash on cash: -1.1% Traditional cash on cash: -0.76% Airbnb Rental Income: $873 Traditional Rental Income: $1432 Airbnb ROI: -1.1% Traditional ROI: -0.76%
9883 Gerig Road Leo, IN Open house Sunday, 12th from 1 pm - 3 pmCompleted in 2022, this move-in-ready 3-bedroo...	3 beds \| 3 baths \| 1,662 sq.ft.	$525,000	Airbnb cash on cash: -1.06% Traditional cash on cash: 2.62% Airbnb Rental Income: $873 Traditional Rental Income: $2343 Airbnb ROI: -1.06% Traditional ROI: 2.62%
10012 Hosler Road Leo, IN Amazing Leo Property. Tons of upgrades. Newer Roof. Newer Commercial Gutters and Downspout...	3 beds \| 3 baths \| 2,586 sq.ft.	$419,900	Airbnb cash on cash: -0.73% Traditional cash on cash: 4.75% Airbnb Rental Income: $873 Traditional Rental Income: $2692 Airbnb ROI: -0.73% Traditional ROI: 4.75%
17946 Letterbrick Run Leo, IN OPEN HOUSE THIS SUNDAY, 7/12 from 2-4 This contemporary Windsor built home nestled withi...	4 beds \| 3 baths \| 2,714 sq.ft.	$629,900	Airbnb cash on cash: 3.32% Traditional cash on cash: 1.78% Airbnb Rental Income: $4041 Traditional Rental Income: $2271 Airbnb ROI: 3.32% Traditional ROI: 1.78%
15205 Wild Meadow Place Leo, IN Are you looking for a tastefully updated place on a cul-de-sac lot with a backyard view of...	3 beds \| 2 baths \| 2,069 sq.ft.	$374,900	Airbnb cash on cash: -0.51% Traditional cash on cash: 3.21% Airbnb Rental Income: $873 Traditional Rental Income: $1848 Airbnb ROI: -0.51% Traditional ROI: 3.21%
10491 Beaugreen Cove Leo, IN Luxury Modern New Construction Home in Leo, Indiana - by Timberlin Homes. OPEN SUNDAYS fro...	5 beds \| 3 baths \| 3,080 sq.ft.	$749,900	Airbnb cash on cash: 1.83% Traditional cash on cash: 2.36% Airbnb Rental Income: $3490 Traditional Rental Income: $3090 Airbnb ROI: 1.83% Traditional ROI: 2.36%
17810 TULLYMORE Lane Leo, IN Come see this custom built Villa Model in Tullymore Run Villas section. With over 1950 sq....	3 beds \| 2 baths \| 1,959 sq.ft.	$499,900	Airbnb cash on cash: -0.19% Traditional cash on cash: 3.76% Airbnb Rental Income: $873 Traditional Rental Income: $2384 Airbnb ROI: -0.19% Traditional ROI: 3.76%
16206 Canyon Ridge Road Leo, IN Cont First Right accepted - can still accept non-contingent offers Are you looking fo...	5 beds \| 3 baths \| 3,410 sq.ft.	$575,000	Airbnb cash on cash: 3.36% Traditional cash on cash: 2.6% Airbnb Rental Income: $3490 Traditional Rental Income: $2316 Airbnb ROI: 3.36% Traditional ROI: 2.6%
9624 Pioneer Trail Leo, IN Welcome home to this beautifully maintained 4 bedroom, 2.5 bathroom home located in the de...	4 beds \| 3 baths \| 2,374 sq.ft.	$372,000	Airbnb cash on cash: 6.96% Traditional cash on cash: 4.99% Airbnb Rental Income: $4041 Traditional Rental Income: $2488 Airbnb ROI: 6.96% Traditional ROI: 4.99%
18096 Tullymore Lane #34Tr Leo, IN OPEN HOUSE SUNDAY 2-4:PM--MODEL HOME NOW FOR SALE. Discover the charm of our brand-new Ham...	5 beds \| 4 baths \| 4,052 sq.ft.	$699,000	Airbnb cash on cash: 2.08% Traditional cash on cash: 3.54% Airbnb Rental Income: $3490 Traditional Rental Income: $3675 Airbnb ROI: 2.08% Traditional ROI: 3.54%
15114 Lions Passage Leo, IN Great Property. Massive Inlaw Suite with private entrance. Great for Mom or Dad or that co...	4 beds \| 3 baths \| 2,821 sq.ft.	$419,900	Airbnb cash on cash: 5.87% Traditional cash on cash: 5.34% Airbnb Rental Income: $4041 Traditional Rental Income: $2968 Airbnb ROI: 5.87% Traditional ROI: 5.34%
17818 Amstutz Road Leo, IN Don't miss out on this rare opportunity in the Leo School District! This well-built and we...	4 beds \| 7 baths \| 5,295 sq.ft.	$1,099,900	Airbnb cash on cash: 1.34% Traditional cash on cash: 3.12% Airbnb Rental Income: $4041 Traditional Rental Income: $5008 Airbnb ROI: 1.34% Traditional ROI: 3.12%
9344 Garman Road Leo, IN Experience a rare offering in Leo-an exceptional newly built custom estate situated on app...	3 beds \| 3 baths \| 3,070 sq.ft.	$1,195,000	Airbnb cash on cash: -1.44% Traditional cash on cash: 3.24% Airbnb Rental Income: $873 Traditional Rental Income: $5736 Airbnb ROI: -1.44% Traditional ROI: 3.24%
17740 Castlefeane Court Leo, IN Contingent First Right Offer Accepted CUSTOM BUILT RANCH ON FULL BASEMENT in LEO Schools...	3 beds \| 3 baths \| 2,438 sq.ft.	$688,900	Airbnb cash on cash: -0.42% Traditional cash on cash: 3.18% Airbnb Rental Income: $873 Traditional Rental Income: $2855 Airbnb ROI: -0.42% Traditional ROI: 3.18%
17411 Letterbrick Run Leo, IN Brand New Custom Build by MBN Properties!	3 beds \| 3 baths \| 2,824 sq.ft.	$649,900	Airbnb cash on cash: -0.39% Traditional cash on cash: 4.2% Airbnb Rental Income: $873 Traditional Rental Income: $3325 Airbnb ROI: -0.39% Traditional ROI: 4.2%
17749 Castlefeane Cove Leo, IN Brand New custom-built, sprawling ranch on beautiful pond lot in Tullymore Run! This 3 bed...	3 beds \| 3 baths \| 2,452 sq.ft.	$733,000	Airbnb cash on cash: -0.46% Traditional cash on cash: 3.12% Airbnb Rental Income: $873 Traditional Rental Income: $2983 Airbnb ROI: -0.46% Traditional ROI: 3.12%
7831 Hosler Road Leo, IN Beautifully updated Cape Cod in desirable Leo-Cedarville, offering peaceful country views ...	4 beds \| 2 baths \| 1,568 sq.ft.	$264,900	Airbnb cash on cash: 9.79% Traditional cash on cash: 3.82% Airbnb Rental Income: $4041 Traditional Rental Income: $1687 Airbnb ROI: 9.79% Traditional ROI: 3.82%
11817 Butternut Cove Leo, IN Beautifully appointed 2 bedroom, 2 bath villa situated in a desirable 55+ community! A wel...	2 beds \| 2 baths \| 1,441 sq.ft.	$269,900	Airbnb cash on cash: 0.93% Traditional cash on cash: 4.96% Airbnb Rental Income: $1355 Traditional Rental Income: $1968 Airbnb ROI: 0.93% Traditional ROI: 4.96%
5350 Hollopeter Road Leo, IN Experience the perfect blend of country living and modern convenience on 5.28 acres in sou...	4 beds \| 4 baths \| 3,014 sq.ft.	$975,000	Airbnb cash on cash: 1.62% Traditional cash on cash: 2.29% Airbnb Rental Income: $4041 Traditional Rental Income: $3794 Airbnb ROI: 1.62% Traditional ROI: 2.29%
14810 Greystone Court Leo, IN Custom-built one-owner home ready for you! Well maintained with numerous updates! Open flo...	5 beds \| 4 baths \| 3,249 sq.ft.	$530,000	Airbnb cash on cash: 3.44% Traditional cash on cash: 6.26% Airbnb Rental Income: $3490 Traditional Rental Income: $4120 Airbnb ROI: 3.44% Traditional ROI: 6.26%
15242 Leo Creek Boulevard Leo, IN PRICE IMPROVEMENTBuilt by Granite Ridge and situated on a scenic pond lot, this beautifu...	5 beds \| 4 baths \| 3,926 sq.ft.	$670,000	Airbnb cash on cash: 2.14% Traditional cash on cash: 3.93% Airbnb Rental Income: $3490 Traditional Rental Income: $3836 Airbnb ROI: 2.14% Traditional ROI: 3.93%
14531 Settlers Trail Leo, IN Start Showing date: 6/7/26. This beautifully designed ranch offers the perfect blend of qu...	4 beds \| 3 baths \| 3,202 sq.ft.	$469,900	Airbnb cash on cash: 5.02% Traditional cash on cash: 4.42% Airbnb Rental Income: $4041 Traditional Rental Income: $2917 Airbnb ROI: 5.02% Traditional ROI: 4.42%
13315 Lakeview Drive Leo, IN Showings begin June 6th. Open Sunday 12:30-2:30. Lakeview Drive with Cedarville Reservoir ...	4 beds \| 2 baths \| 3,750 sq.ft.	$444,900	Airbnb cash on cash: 5.78% Traditional cash on cash: 4.71% Airbnb Rental Income: $4041 Traditional Rental Income: $2734 Airbnb ROI: 5.78% Traditional ROI: 4.71%
13270 Ewing Street Leo, IN OPEN HOUSE CANCELLED!! Prime Leo location on just under an acre with city sewer! Fully rem...	3 beds \| 2 baths \| 1,804 sq.ft.	$524,900	Airbnb cash on cash: -0.9% Traditional cash on cash: 2.51% Airbnb Rental Income: $873 Traditional Rental Income: $2213 Airbnb ROI: -0.9% Traditional ROI: 2.51%
14509 Ridgecrest Drive Leo, IN Are you eagerly searching for a place with a dedicated hobby space that is well maintained...	3 beds \| 2 baths \| 1,442 sq.ft.	$309,900	Airbnb cash on cash: -0.13% Traditional cash on cash: 3.37% Airbnb Rental Income: $873 Traditional Rental Income: $1558 Airbnb ROI: -0.13% Traditional ROI: 3.37%
15279 Leo Creek Boulevard Leo, IN PUBLIC AUCTION: WEDNESDAY, JULY 15TH, 6:00 PM EASTERN \| OPEN HOUSES: TUESDAY, JUNE 30TH & ...	3 beds \| 3 baths \| 2,130 sq.ft.	$493,900	Airbnb cash on cash: -0.5% Traditional cash on cash: 4.38% Airbnb Rental Income: $873 Traditional Rental Income: $2793 Airbnb ROI: -0.5% Traditional ROI: 4.38%
10223 Buttonwood Pass Leo, IN Mint condition, custom-built Star Homes residence combines high quality craftsmanship with...	5 beds \| 4 baths \| 3,827 sq.ft.	$739,900	Airbnb cash on cash: 2.17% Traditional cash on cash: 4.42% Airbnb Rental Income: $3490 Traditional Rental Income: $4269 Airbnb ROI: 2.17% Traditional ROI: 4.42%
18037 Tullymore Lane Leo, IN Situated on a beautiful water lot in Tullymore Run, one of Leo's most sought-after communi...	4 beds \| 3 baths \| 2,509 sq.ft.	$629,900	Airbnb cash on cash: 3.29% Traditional cash on cash: 3.15% Airbnb Rental Income: $4041 Traditional Rental Income: $3097 Airbnb ROI: 3.29% Traditional ROI: 3.15%

Real Estate investment in Leo, IN

There are 33 properties for sale in the city of Leo . The median list price in Leo is $527,450 and the average price per square foot is $185. In July 2026, the average monthly cash on cash return in Leo is 4.00%. The average monthly rental income in Leo is $2,878.

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

There are 33 investment properties available for sale in Leo.

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

The ROI for Long-Term is higher than the Short-Term in Leo with average rental income of $2,878.

Your search for investment property begins and ends here

Investment Property for Sale in Leo, IN

9225 Bobcat Trail

Leo, IN

4 beds | 4 baths | 2,902 sq.ft.

$440,000

Airbnb cash on cash: 5.5%

Traditional cash on cash: 5.84%

Airbnb Rental Income: $4041

Traditional Rental Income: $3320

Airbnb ROI: 5.5%

Traditional ROI: 5.84%

10479 Beaugreen Cove

Leo, IN

4 beds | 6 baths | 5,468 sq.ft.

$1,299,900

Airbnb cash on cash: 0.51%

Traditional cash on cash: 3.85%

Airbnb Rental Income: $4041

Traditional Rental Income: $7221

Airbnb ROI: 0.51%

Traditional ROI: 3.85%

9805 Manning Street

Leo, IN

3 beds | 2 baths | 2,196 sq.ft.

$414,900

Airbnb cash on cash: -0.99%

Traditional cash on cash: 4.29%

Airbnb Rental Income: $873

Traditional Rental Income: $2592

Airbnb ROI: -0.99%

Traditional ROI: 4.29%

15514 Tonkel Road

Leo, IN

3 beds | 1 baths | 1,175 sq.ft.

$2,800,000

Airbnb cash on cash: -1.1%

Traditional cash on cash: -0.76%

Airbnb Rental Income: $873

Traditional Rental Income: $1432

Airbnb ROI: -1.1%

Traditional ROI: -0.76%

9883 Gerig Road

Leo, IN

3 beds | 3 baths | 1,662 sq.ft.

$525,000

Airbnb cash on cash: -1.06%

Traditional cash on cash: 2.62%

Airbnb Rental Income: $873

Traditional Rental Income: $2343

Airbnb ROI: -1.06%

Traditional ROI: 2.62%

10012 Hosler Road

Leo, IN

3 beds | 3 baths | 2,586 sq.ft.

$419,900

Airbnb cash on cash: -0.73%

Traditional cash on cash: 4.75%

Airbnb Rental Income: $873

Traditional Rental Income: $2692

Airbnb ROI: -0.73%

Traditional ROI: 4.75%

17946 Letterbrick Run

Leo, IN

4 beds | 3 baths | 2,714 sq.ft.

$629,900

Airbnb cash on cash: 3.32%

Traditional cash on cash: 1.78%

Airbnb Rental Income: $4041

Traditional Rental Income: $2271

Airbnb ROI: 3.32%

Traditional ROI: 1.78%

15205 Wild Meadow Place

Leo, IN

3 beds | 2 baths | 2,069 sq.ft.

$374,900

Airbnb cash on cash: -0.51%

Traditional cash on cash: 3.21%

Airbnb Rental Income: $873

Traditional Rental Income: $1848

Airbnb ROI: -0.51%