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
14422 Sunrise Court Leo, IN Nicely updated 2 bedroom unit in the Cedar Creek Retirement Complex. With a new roof, this...	2 beds \| 1 baths \| 1,135 sq.ft.	$159,900	Airbnb cash on cash: 5.56% Traditional cash on cash: 5.55% Airbnb Rental Income: $1985 Traditional Rental Income: $1464 Airbnb ROI: 5.56% Traditional ROI: 5.55%
15711 Viberg Road Leo, IN Welcome to an unparalleled residence nestled in picturesque Leo, where luxury transcends t...	5 beds \| 7 baths \| 7,380 sq.ft.	$1,100,000	Airbnb cash on cash: -1.35% Traditional cash on cash: 4.73% Airbnb Rental Income: $1118 Traditional Rental Income: $6966 Airbnb ROI: -1.35% Traditional ROI: 4.73%
15304 Wild Meadows Place Leo, IN Lots of new paint/touchups were just done (in July). This custom built 2 story home in the...	3 beds \| 4 baths \| 2,701 sq.ft.	$370,950	Airbnb cash on cash: 0.34% Traditional cash on cash: 6.45% Airbnb Rental Income: $1303 Traditional Rental Income: $3023 Airbnb ROI: 0.34% Traditional ROI: 6.45%
10235 Consta Verde Commons Leo, IN *Open House Sunday October 5th, 2025 from 2-4PM* Welcome to this beautifully crafted 4...	4 beds \| 5 baths \| 4,228 sq.ft.	$519,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.07% Airbnb Rental Income: $null Traditional Rental Income: $4849 Airbnb ROI: N/A Traditional ROI: 8.07%
11717 Markham Court Leo, IN First Right Contingency. Accepting backup offers. Welcome to this stunning 4-bedroom, 2.5...	4 beds \| 3 baths \| 1,993 sq.ft.	$310,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.91% Airbnb Rental Income: $null Traditional Rental Income: $2643 Airbnb ROI: N/A Traditional ROI: 6.91%
14609 Bobcat Court Leo, IN Exceptionally Maintained Home in Pioneer Village â Over 3,300 Sq Ft of Living Space! Tu...	4 beds \| 4 baths \| 3,344 sq.ft.	$449,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.63% Airbnb Rental Income: $null Traditional Rental Income: $3274 Airbnb ROI: N/A Traditional ROI: 5.63%
10135 Donald Avenue Leo, IN Beautiful Home tucked away in the highly sought after town of Leo. This updated, and well ...	4 beds \| 1 baths \| 1,407 sq.ft.	$239,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.31% Airbnb Rental Income: $null Traditional Rental Income: $1163 Airbnb ROI: N/A Traditional ROI: 3.31%
15332 Annabelle Place Leo, IN Motivated Sellers!!! Meticulously kept 2 year old Villa in Leo for sale!!! Villa Dues Cove...	3 beds \| 2 baths \| 1,815 sq.ft.	$399,900	Airbnb cash on cash: 0.08% Traditional cash on cash: 2.85% Airbnb Rental Income: $1303 Traditional Rental Income: $1935 Airbnb ROI: 0.08% Traditional ROI: 2.85%
14817 Sunnyside Lane Leo, IN Contingent 1st right offer has been accepted on this home. Welcome to this beautifully ma...	4 beds \| 2 baths \| 2,859 sq.ft.	$360,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.65% Airbnb Rental Income: $null Traditional Rental Income: $1667 Airbnb ROI: N/A Traditional ROI: 2.65%
10491 Beaugreen Cove Leo, IN Luxury Modern New Construction Home in Leo, Indiana â by Timberlin Homes. OPEN SUNDAYS f...	5 beds \| 3 baths \| 3,080 sq.ft.	$849,900	Airbnb cash on cash: -1.1% Traditional cash on cash: 1.87% Airbnb Rental Income: $1118 Traditional Rental Income: $3090 Airbnb ROI: -1.1% Traditional ROI: 1.87%
17810 Tullymore Lane Leo, IN Villa living doesn't get better than this! Legacy Homes by Delagrange custom built this Vi...	3 beds \| 2 baths \| 1,959 sq.ft.	$499,900	Airbnb cash on cash: -0.98% Traditional cash on cash: 2.2% Airbnb Rental Income: $1303 Traditional Rental Income: $2384 Airbnb ROI: -0.98% Traditional ROI: 2.2%
18096 Tullymore Lane #34TR Leo, IN OPEN HOUSE HELD SUNDAYS 2-4:pm. Discover the charm of our brand-new Hampton Modern Farm ho...	5 beds \| 4 baths \| 4,052 sq.ft.	$719,798	Airbnb cash on cash: -0.98% Traditional cash on cash: 3.39% Airbnb Rental Income: $1118 Traditional Rental Income: $3675 Airbnb ROI: -0.98% Traditional ROI: 3.39%
18017 Carne Cove Leo, IN Granite Ridge Builders presents this exquisite home at 18017 Carne Cove, Leo, IN 46765, lo...	3 beds \| 2 baths \| 1,764 sq.ft.	$449,900	Airbnb cash on cash: -0.1% Traditional cash on cash: 3.21% Airbnb Rental Income: $1303 Traditional Rental Income: $2291 Airbnb ROI: -0.1% Traditional ROI: 3.21%
17883 Carne Cove Leo, IN A spacious new ranch home built by Granite Ridge Builders in the Tullymore Run. This 1728 ...	3 beds \| 2 baths \| 1,728 sq.ft.	$404,900	Airbnb cash on cash: 0.92% Traditional cash on cash: 4.57% Airbnb Rental Income: $1303 Traditional Rental Income: $2282 Airbnb ROI: 0.92% Traditional ROI: 4.57%
8578 Virgo Run Leo, IN OPEN HOUSE - Sunday Oct 19, 12pm - 2pm! In Lakes of Leo Creek! This brand-new Granite Rid...	3 beds \| 2 baths \| 1,520 sq.ft.	$379,900	Airbnb cash on cash: 0.27% Traditional cash on cash: 3.83% Airbnb Rental Income: $1303 Traditional Rental Income: $2164 Airbnb ROI: 0.27% Traditional ROI: 3.83%
17890 Carne Cove Leo, IN Brand new construction in Leo! This ranch home is located in the prestigious subdivision,...	3 beds \| 2 baths \| 1,694 sq.ft.	$397,900	Airbnb cash on cash: 0.12% Traditional cash on cash: 3.64% Airbnb Rental Income: $1303 Traditional Rental Income: $2208 Airbnb ROI: 0.12% Traditional ROI: 3.64%
10123 Consta Verde Commons Leo, IN PRICE REDUCED!!! Rare opportunity to purchase beautiful 1.5 story home in highly sought a...	3 beds \| 4 baths \| 3,729 sq.ft.	$449,900	Airbnb cash on cash: 0.03% Traditional cash on cash: 5.11% Airbnb Rental Income: $1303 Traditional Rental Income: $3034 Airbnb ROI: 0.03% Traditional ROI: 5.11%
17818 Amstutz Road Leo, IN Don't miss out on viewing this breathtaking country retreat in the desirable Leo school di...	4 beds \| 5 baths \| 5,295 sq.ft.	$1,200,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.77% Airbnb Rental Income: $null Traditional Rental Income: $5008 Airbnb ROI: N/A Traditional ROI: 2.77%
15154 Annabelle Place Leo, IN Step into refined comfort in this never-lived-in villa built by Granite Ridge and thoughtf...	3 beds \| 2 baths \| 2,167 sq.ft.	$565,000	Airbnb cash on cash: -0.38% Traditional cash on cash: 3.26% Airbnb Rental Income: $1303 Traditional Rental Income: $2821 Airbnb ROI: -0.38% Traditional ROI: 3.26%
10809 Conrad Creek Court Leo, IN Open House SUNDAY 1â4 PM- Makarios Place is more than just a neighborhood, it's a true 4...	3 beds \| 3 baths \| 2,787 sq.ft.	$784,900	Airbnb cash on cash: -0.85% Traditional cash on cash: 2.32% Airbnb Rental Income: $1303 Traditional Rental Income: $3210 Airbnb ROI: -0.85% Traditional ROI: 2.32%
17714 Letterbrick Run Leo, IN New Construction by Bob Buescher Homes \| Estimated Completion: October 31, 2025. Welcome t...	4 beds \| 3 baths \| 2,689 sq.ft.	$619,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.19% Airbnb Rental Income: $null Traditional Rental Income: $3148 Airbnb ROI: N/A Traditional ROI: 4.19%
9708 Pioneer Trail Leo, IN Welcome to 9708 Pioneer Trail. This beautifully updated two-story home in the award-winnin...	4 beds \| 3 baths \| 1,964 sq.ft.	$317,500	Airbnb cash on cash: N/A Traditional cash on cash: 6.61% Airbnb Rental Income: $null Traditional Rental Income: $2607 Airbnb ROI: N/A Traditional ROI: 6.61%
9344 Garman Road Leo, IN Welcome to a private, custom-built estate on 7.5 scenic acres in desirable Leo, Indiana. T...	3 beds \| 6 baths \| 5,075 sq.ft.	$1,275,000	Airbnb cash on cash: -1.17% Traditional cash on cash: 2.91% Airbnb Rental Income: $1303 Traditional Rental Income: $5736 Airbnb ROI: -1.17% Traditional ROI: 2.91%
12805 Main Street Leo, IN Coming Soon. Showings start Sunday August 17th. Open House Sunday 3:00-5:00.Completely rem...	3 beds \| 2 baths \| 1,408 sq.ft.	$249,900	Airbnb cash on cash: 2.15% Traditional cash on cash: 6.94% Airbnb Rental Income: $1303 Traditional Rental Income: $2028 Airbnb ROI: 2.15% Traditional ROI: 6.94%
9106 Solar Cove Leo, IN Custom built by Granite Ridge Builders, this spacious 1835 sq. ft. ranch sits on a nice si...	3 beds \| 3 baths \| 1,835 sq.ft.	$379,900	Airbnb cash on cash: 0.06% Traditional cash on cash: 4.97% Airbnb Rental Income: $1303 Traditional Rental Income: $2646 Airbnb ROI: 0.06% Traditional ROI: 4.97%
15309 Wild Meadow Place Leo, IN OPEN HOUSE SEPT 24TH from 4pm to 6pm. Stunning new listing in the desirable Lionsgate Pass...	4 beds \| 4 baths \| 4,919 sq.ft.	$545,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.16% Airbnb Rental Income: $null Traditional Rental Income: $3715 Airbnb ROI: N/A Traditional ROI: 5.16%
12707 Elsworth Street Leo, IN This beautiful property just appraised for $455,000, August 2025, grab your instant equity...	5 beds \| 3 baths \| 2,870 sq.ft.	$409,900	Airbnb cash on cash: -0.08% Traditional cash on cash: 5.9% Airbnb Rental Income: $1118 Traditional Rental Income: $3041 Airbnb ROI: -0.08% Traditional ROI: 5.9%
17614 Consta Verde Lane Leo, IN Custom built by Art Bunt, this stunning 4 bedroom, 4.5 bath home is nestled on a private l...	4 beds \| 5 baths \| 4,179 sq.ft.	$449,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.24% Airbnb Rental Income: $null Traditional Rental Income: $4827 Airbnb ROI: N/A Traditional ROI: 9.24%
17712 Castlefeane Court Leo, IN NEW CONSTRUCTION (Maple Creek Construction, LLC)--A spacious, 3359 square foot home with m...	5 beds \| 3 baths \| 3,359 sq.ft.	$599,900	Airbnb cash on cash: -0.05% Traditional cash on cash: 4.28% Airbnb Rental Income: $1118 Traditional Rental Income: $3165 Airbnb ROI: -0.05% Traditional ROI: 4.28%
11834 Grabill Road Leo, IN Are you looking for a custom-built house on 3.5 acres with loads of space, fantastic outdo...	4 beds \| 4 baths \| 3,430 sq.ft.	$574,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.72% Airbnb Rental Income: $null Traditional Rental Income: $3622 Airbnb ROI: N/A Traditional ROI: 4.72%
15188 Leo Creek Boulevard Leo, IN Welcome to this beautifully designed 5-bedroom, 3.5-bath home offering elegance, comfort, ...	5 beds \| 4 baths \| 3,762 sq.ft.	$649,900	Airbnb cash on cash: -1.83% Traditional cash on cash: 3.2% Airbnb Rental Income: $1118 Traditional Rental Income: $3794 Airbnb ROI: -1.83% Traditional ROI: 3.2%
15026 Leo Creek Boulevard Leo, IN Welcome to this thoughtfully designed four-bedroom, three full-bath home that perfectly bl...	4 beds \| 3 baths \| 2,335 sq.ft.	$470,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.17% Airbnb Rental Income: $null Traditional Rental Income: $2831 Airbnb ROI: N/A Traditional ROI: 4.17%
5730 Schlatter Road Leo, IN Welcome to your private oasis set on 5.5 acres in the highly desired Leo school district! ...	4 beds \| 5 baths \| 4,878 sq.ft.	$1,149,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.08% Airbnb Rental Income: $null Traditional Rental Income: $4885 Airbnb ROI: N/A Traditional ROI: 3.08%
9129 Hollopeter Road Leo, IN Start Showing Date: 10/24/2025 Imagine the possibilities on this breathtaking 53-acre esta...	1 beds \| 1 baths \| 1,503 sq.ft.	$3,525,000	Airbnb cash on cash: N/A Traditional cash on cash: -1.3% Airbnb Rental Income: $null Traditional Rental Income: $1801 Airbnb ROI: N/A Traditional ROI: -1.3%

Real Estate investment in Leo, IN

There are 34 properties for sale in the city of Leo . The median list price in Leo is $459,950 and the average price per square foot is $155. In October 2025, the average monthly cash on cash return in Leo is 4.00%. The average monthly rental income in Leo is $3,029.

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

There are 34 investment properties available for sale in Leo.

In 2025, the best neighborhood to buy investment property is Leo.

The ROI for Short-Term is higher than the Long-Term in Leo with average rental income of $1,303.

Your search for investment property begins and ends here

Investment Property for Sale in Leo, IN

14422 Sunrise Court

Leo, IN

2 beds | 1 baths | 1,135 sq.ft.

$159,900

Airbnb cash on cash: 5.56%

Traditional cash on cash: 5.55%

Airbnb Rental Income: $1985

Traditional Rental Income: $1464

Airbnb ROI: 5.56%

Traditional ROI: 5.55%

15711 Viberg Road

Leo, IN

5 beds | 7 baths | 7,380 sq.ft.

$1,100,000

Airbnb cash on cash: -1.35%

Traditional cash on cash: 4.73%

Airbnb Rental Income: $1118

Traditional Rental Income: $6966

Airbnb ROI: -1.35%

Traditional ROI: 4.73%

15304 Wild Meadows Place

Leo, IN

3 beds | 4 baths | 2,701 sq.ft.

$370,950

Airbnb cash on cash: 0.34%

Traditional cash on cash: 6.45%

Airbnb Rental Income: $1303

Traditional Rental Income: $3023

Airbnb ROI: 0.34%

Traditional ROI: 6.45%

10235 Consta Verde Commons

Leo, IN

4 beds | 5 baths | 4,228 sq.ft.

$519,900

Airbnb cash on cash: N/A

Traditional cash on cash: 8.07%

Airbnb Rental Income: $null

Traditional Rental Income: $4849

Airbnb ROI: N/A

Traditional ROI: 8.07%

11717 Markham Court

Leo, IN

4 beds | 3 baths | 1,993 sq.ft.

$310,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.91%

Airbnb Rental Income: $null

Traditional Rental Income: $2643

Airbnb ROI: N/A

Traditional ROI: 6.91%

14609 Bobcat Court

Leo, IN

4 beds | 4 baths | 3,344 sq.ft.

$449,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.63%

Airbnb Rental Income: $null

Traditional Rental Income: $3274

Airbnb ROI: N/A

Traditional ROI: 5.63%

10135 Donald Avenue

Leo, IN

4 beds | 1 baths | 1,407 sq.ft.

$239,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.31%

Airbnb Rental Income: $null

Traditional Rental Income: $1163

Airbnb ROI: N/A

Traditional ROI: 3.31%

15332 Annabelle Place

Leo, IN

3 beds | 2 baths | 1,815 sq.ft.

$399,900

Airbnb cash on cash: 0.08%

Traditional cash on cash: 2.85%

Airbnb Rental Income: $1303

Traditional Rental Income: $1935

Airbnb ROI: 0.08%