Real Estate Investment Properties for Sale in Mishawaka, IN

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
11656 Black Friars Lane Mishawaka, IN Welcome to this meticulously maintained and thoughtfully updated home, situated just a hal...	4 beds \| 3 baths \| 3,415 sq.ft.	$399,900	Airbnb cash on cash: 0.77% Traditional cash on cash: 3.54% Airbnb Rental Income: $1384 Traditional Rental Income: $2002 Airbnb ROI: 0.77% Traditional ROI: 3.54%
801 Webster Street Mishawaka, IN Charming 3 bedroom, 1 bathroom home in The Oaks with a newer roof , water heater and updat...	3 beds \| 1 baths \| 1,830 sq.ft.	$199,000	Airbnb cash on cash: 3.34% Traditional cash on cash: 5.67% Airbnb Rental Income: $1678 Traditional Rental Income: $1650 Airbnb ROI: 3.34% Traditional ROI: 5.67%
804 Kings Court Mishawaka, IN Welcome to 804 Kings Ct, located in Kingsland Fields in Memphis, Indiana. Built in 2022 an...	3 beds \| 2 baths \| 1,720 sq.ft.	$419,900	Airbnb cash on cash: 1.21% Traditional cash on cash: 4.6% Airbnb Rental Income: $1678 Traditional Rental Income: $2543 Airbnb ROI: 1.21% Traditional ROI: 4.6%
1821 Milburn Boulevard Mishawaka, IN Beautifully remodeled home on a corner lot in Mishawaka offering charm, character, and mod...	3 beds \| 2 baths \| 1,448 sq.ft.	$219,900	Airbnb cash on cash: 3.14% Traditional cash on cash: 2.1% Airbnb Rental Income: $1678 Traditional Rental Income: $993 Airbnb ROI: 3.14% Traditional ROI: 2.1%
16974 Douglas Road Mishawaka, IN Come out today to see this Great Development Opportunity! 1.3 acres cleared land, with a t...	3 beds \| 1 baths \| 1,300 sq.ft.	$599,900	Airbnb cash on cash: 0.82% Traditional cash on cash: 1.34% Airbnb Rental Income: $1678 Traditional Rental Income: $1503 Airbnb ROI: 0.82% Traditional ROI: 1.34%
1521 E Lincolnway Mishawaka, IN Investors Welcome! Charming 3 bedroom 1 bath home. Eat-in kitchen, living room, newer roof...	3 beds \| 1 baths \| 1,008 sq.ft.	$115,000	Airbnb cash on cash: 7.87% Traditional cash on cash: 10.76% Airbnb Rental Income: $1678 Traditional Rental Income: $1530 Airbnb ROI: 7.87% Traditional ROI: 10.76%
15669 Hearthstone Drive Mishawaka, IN Seller requires day before notice. On Juday Creek in popular Windi...	3 beds \| 3 baths \| 3,354 sq.ft.	$349,000	Airbnb cash on cash: 1.68% Traditional cash on cash: 5.9% Airbnb Rental Income: $1678 Traditional Rental Income: $2593 Airbnb ROI: 1.68% Traditional ROI: 5.9%
1602 N Lake George Drive Mishawaka, IN Start Showing Date: 5/21/2026 Make maintenance-free, luxury living your lifestyle in this ...	3 beds \| 3 baths \| 2,587 sq.ft.	$450,000	Airbnb cash on cash: -0.04% Traditional cash on cash: 4.35% Airbnb Rental Income: $1678 Traditional Rental Income: $3059 Airbnb ROI: -0.04% Traditional ROI: 4.35%
1719 Maplehurst Avenue Mishawaka, IN Multiple Offers- Offers due midnight on Sunday 4/26. Check out this sprawling ranch home s...	3 beds \| 3 baths \| 1,706 sq.ft.	$239,900	Airbnb cash on cash: 3.07% Traditional cash on cash: 8.72% Airbnb Rental Income: $1678 Traditional Rental Income: $2492 Airbnb ROI: 3.07% Traditional ROI: 8.72%
4320 Cottage Avenue Mishawaka, IN ~~Exceptional Riverfront Retreat with 130+ Feet of Scenic Frontage~~ Discover the art of ...	4 beds \| 3 baths \| 3,187 sq.ft.	$745,000	Airbnb cash on cash: -1.36% Traditional cash on cash: 2.05% Airbnb Rental Income: $1384 Traditional Rental Income: $3333 Airbnb ROI: -1.36% Traditional ROI: 2.05%
140 Oakside Avenue Mishawaka, IN *Open House Saturday 5/16/26 12-2*Imagine stepping into a place where every corner fee...	3 beds \| 1 baths \| 2,432 sq.ft.	$229,900	Airbnb cash on cash: 3.6% Traditional cash on cash: 6.32% Airbnb Rental Income: $1678 Traditional Rental Income: $1802 Airbnb ROI: 3.6% Traditional ROI: 6.32%
817 W Edgar Avenue Mishawaka, IN Just a few blocks from Bethel University, this 865 sq ft charmer features 2 bedrooms (+ po...	3 beds \| 1 baths \| 865 sq.ft.	$159,900	Airbnb cash on cash: 5.6% Traditional cash on cash: 7.22% Airbnb Rental Income: $1678 Traditional Rental Income: $1457 Airbnb ROI: 5.6% Traditional ROI: 7.22%
521 W Lowell Avenue Mishawaka, IN Welcome to Lowell Woods, a quaint 39-home community that offers the perfect balance of con...	2 beds \| 2 baths \| 1,656 sq.ft.	$254,000	Airbnb cash on cash: 1.19% Traditional cash on cash: 6.03% Airbnb Rental Income: $1330 Traditional Rental Income: $2079 Airbnb ROI: 1.19% Traditional ROI: 6.03%
2028 Poppy Court Mishawaka, IN OPEN HOUSE THIS WEEKEND SUNDAY, May 17TH FROM 2-4 PMIf you've been looking for a three...	3 beds \| 2 baths \| 1,688 sq.ft.	$239,900	Airbnb cash on cash: 2.89% Traditional cash on cash: 7.15% Airbnb Rental Income: $1678 Traditional Rental Income: $2176 Airbnb ROI: 2.89% Traditional ROI: 7.15%
1517 Maplehurst street Street Mishawaka, IN Look at this lovely home in Mishawaka. Home is located on a huge 92 x 305 feet lot with fe...	2 beds \| 1 baths \| 817 sq.ft.	$154,900	Airbnb cash on cash: 4.09% Traditional cash on cash: 7.74% Airbnb Rental Income: $1330 Traditional Rental Income: $1460 Airbnb ROI: 4.09% Traditional ROI: 7.74%
5132 Ventura Court #15 Mishawaka, IN Under construction with possession as early as April. Pen Schools a plus. 4 bedroom with f...	4 beds \| 3 baths \| 2,144 sq.ft.	$559,900	Airbnb cash on cash: -0.18% Traditional cash on cash: 3.66% Airbnb Rental Income: $1384 Traditional Rental Income: $2973 Airbnb ROI: -0.18% Traditional ROI: 3.66%
1544 E Edgar Avenue Mishawaka, IN Welcome to this beautifully maintained 3-bedroom, 2-bath home offering 1,308 sq ft of comf...	3 beds \| 2 baths \| 1,572 sq.ft.	$284,900	Airbnb cash on cash: 2.58% Traditional cash on cash: 6.84% Airbnb Rental Income: $1678 Traditional Rental Income: $2354 Airbnb ROI: 2.58% Traditional ROI: 6.84%
753 River Pointe Place Mishawaka, IN LUXURY RIVERFRONT home in PHM Schools! This home features 5 bedrooms and 4.5 baths!	4 beds \| 5 baths \| 6,220 sq.ft.	$1,050,000	Airbnb cash on cash: -0.68% Traditional cash on cash: 4.44% Airbnb Rental Income: $1384 Traditional Rental Income: $5969 Airbnb ROI: -0.68% Traditional ROI: 4.44%
1308 Chapel Hill Drive Mishawaka, IN Better Than New, This Beautifully Upgraded 2,368 sq. ft. Home Featuring 2 Living Room Area...	3 beds \| 2 baths \| 2,368 sq.ft.	$385,000	Airbnb cash on cash: 1.39% Traditional cash on cash: 5.64% Airbnb Rental Income: $1678 Traditional Rental Income: $2745 Airbnb ROI: 1.39% Traditional ROI: 5.64%
126 Gernhart Avenue Mishawaka, IN OPEN HOUSE CANCELLED Location, location, location! Situated on desirable Gernhart Ave ...	4 beds \| 2 baths \| 1,722 sq.ft.	$229,000	Airbnb cash on cash: 2.32% Traditional cash on cash: 8.22% Airbnb Rental Income: $1384 Traditional Rental Income: $2241 Airbnb ROI: 2.32% Traditional ROI: 8.22%
211 E Battell Street Mishawaka, IN This 2 bedroom, 1 bathroom home was fully rebuilt and renovated in 2024, offering peace of...	2 beds \| 1 baths \| 1,430 sq.ft.	$175,000	Airbnb cash on cash: 3.22% Traditional cash on cash: 6% Airbnb Rental Income: $1330 Traditional Rental Income: $1382 Airbnb ROI: 3.22% Traditional ROI: 6%
5515 Zappia Drive Mishawaka, IN Contemporary styled villa in Douglas Crossing. Home features include 3 bedrooms two baths ...	3 beds \| 3 baths \| 2,300 sq.ft.	$389,900	Airbnb cash on cash: 0.89% Traditional cash on cash: 5.6% Airbnb Rental Income: $1678 Traditional Rental Income: $2931 Airbnb ROI: 0.89% Traditional ROI: 5.6%
206 Helen Avenue Mishawaka, IN Great option for investors or first-time home buyers. This property features a remodel com...	2 beds \| 1 baths \| 656 sq.ft.	$99,900	Airbnb cash on cash: 6.49% Traditional cash on cash: 7.4% Airbnb Rental Income: $1330 Traditional Rental Income: $1007 Airbnb ROI: 6.49% Traditional ROI: 7.4%
134 W Battell Street Mishawaka, IN Charming 3 bedroom, 1 bath, 1.5 story home offering comfort, space and a fantastic locatio...	3 beds \| 1 baths \| 1,496 sq.ft.	$172,500	Airbnb cash on cash: 5.07% Traditional cash on cash: 6.9% Airbnb Rental Income: $1678 Traditional Rental Income: $1511 Airbnb ROI: 5.07% Traditional ROI: 6.9%
2604 Normandy Drive Mishawaka, IN Ideally located in the heart of Mishawaka, this charming 3-bedroom, 1.5-bath ranch offers ...	3 beds \| 2 baths \| 1,198 sq.ft.	$169,900	Airbnb cash on cash: 4.29% Traditional cash on cash: 8.4% Airbnb Rental Income: $1678 Traditional Rental Income: $1874 Airbnb ROI: 4.29% Traditional ROI: 8.4%
2536 Milburn Boulevard Mishawaka, IN Updated 2 bedroom home offers fresh paint, updated flooring and a new furnace. The windows...	2 beds \| 1 baths \| 900 sq.ft.	$135,000	Airbnb cash on cash: 3.29% Traditional cash on cash: 6.67% Airbnb Rental Income: $1330 Traditional Rental Income: $1358 Airbnb ROI: 3.29% Traditional ROI: 6.67%
405 W 13th Street Mishawaka, IN Discover your perfect space in this massive, move-in ready Mishawaka home! Boasting 4 spac...	4 beds \| 2 baths \| 2,920 sq.ft.	$179,900	Airbnb cash on cash: 2.9% Traditional cash on cash: 9.89% Airbnb Rental Income: $1384 Traditional Rental Income: $2161 Airbnb ROI: 2.9% Traditional ROI: 9.89%
1435 Anchor Court Mishawaka, IN Love to entertain? This charming 3-bedroom, 2-bath home in Mishawakaâs desirable South H...	3 beds \| 2 baths \| 2,984 sq.ft.	$349,000	Airbnb cash on cash: 1.53% Traditional cash on cash: 5.74% Airbnb Rental Income: $1678 Traditional Rental Income: $2590 Airbnb ROI: 1.53% Traditional ROI: 5.74%
501 S Logan Street Mishawaka, IN Well-maintained Mishawaka home featuring a fenced yard, oversized garage, and finished bas...	3 beds \| 2 baths \| 1,828 sq.ft.	$190,000	Airbnb cash on cash: 4.23% Traditional cash on cash: 10.11% Airbnb Rental Income: $1678 Traditional Rental Income: $2270 Airbnb ROI: 4.23% Traditional ROI: 10.11%
220 S Beiger Street Mishawaka, IN Charming and well-maintained home located in the Beiger Farm area, offering a perfect blen...	2 beds \| 2 baths \| 1,248 sq.ft.	$199,999	Airbnb cash on cash: 2.36% Traditional cash on cash: 6.75% Airbnb Rental Income: $1330 Traditional Rental Income: $1752 Airbnb ROI: 2.36% Traditional ROI: 6.75%
1025 Willow Street Mishawaka, IN Welcome to 1025 Willow St in Mishawaka! This 3-bed, 1-bath home offers 1,920 sq ft of spac...	3 beds \| 1 baths \| 1,920 sq.ft.	$149,000	Airbnb cash on cash: 5.86% Traditional cash on cash: 8.19% Airbnb Rental Income: $1678 Traditional Rental Income: $1542 Airbnb ROI: 5.86% Traditional ROI: 8.19%
404 Terry Lane Mishawaka, IN Located on a quiet street, this sprawling brick ranch could be your "forever" home! With i...	4 beds \| 2 baths \| 2,983 sq.ft.	$379,900	Airbnb cash on cash: 0.73% Traditional cash on cash: 5.6% Airbnb Rental Income: $1384 Traditional Rental Income: $2700 Airbnb ROI: 0.73% Traditional ROI: 5.6%
701 Prism Valley Drive Mishawaka, IN Multiple Offers - Highest & best due by 5:00 pm Tues 4/28 Brand new kitchen, floorin...	3 beds \| 2 baths \| 2,427 sq.ft.	$300,000	Airbnb cash on cash: 2.17% Traditional cash on cash: 7.05% Airbnb Rental Income: $1678 Traditional Rental Income: $2587 Airbnb ROI: 2.17% Traditional ROI: 7.05%
508 Hubbard Street Mishawaka, IN Welcome Home to this adorable, completely remodeled with a new buyer in mind. The home, lo...	2 beds \| 1 baths \| 936 sq.ft.	$167,900	Airbnb cash on cash: 3.33% Traditional cash on cash: 5.04% Airbnb Rental Income: $1330 Traditional Rental Income: $1193 Airbnb ROI: 3.33% Traditional ROI: 5.04%
55944 Buckeye Road Mishawaka, IN Welcome home to your dream retreat, a fabulously remodeled 4-bedroom, 2-bath Tri-level nes...	4 beds \| 2 baths \| 1,624 sq.ft.	$350,000	Airbnb cash on cash: 1.32% Traditional cash on cash: 5.17% Airbnb Rental Income: $1384 Traditional Rental Income: $2230 Airbnb ROI: 1.32% Traditional ROI: 5.17%
1747 Linden Avenue Mishawaka, IN Charming and full of character, this adorable two-bedroom, one-bath bungalow overlooking t...	2 beds \| 1 baths \| 864 sq.ft.	$170,000	Airbnb cash on cash: 3.22% Traditional cash on cash: 2.18% Airbnb Rental Income: $1330 Traditional Rental Income: $751 Airbnb ROI: 3.22% Traditional ROI: 2.18%
54519 Whispering Oak Drive Mishawaka, IN All brick ranch in Winding Brook. Substantial Remodel 2018-19 including New windows, new ...	3 beds \| 3 baths \| 2,123 sq.ft.	$422,000	Airbnb cash on cash: 1.29% Traditional cash on cash: 1.68% Airbnb Rental Income: $1678 Traditional Rental Income: $1365 Airbnb ROI: 1.29% Traditional ROI: 1.68%
12525 Day Road Mishawaka, IN Wonderful Brick 3-bed, 2-bath ranch in the Penn School Corporation. Half acre with a 2-car...	3 beds \| 2 baths \| 1,488 sq.ft.	$270,000	Airbnb cash on cash: 2.78% Traditional cash on cash: 6.43% Airbnb Rental Income: $1678 Traditional Rental Income: $2138 Airbnb ROI: 2.78% Traditional ROI: 6.43%
115 E 11th Street Mishawaka, IN Enjoy comfortable living with a layout designed for both relaxing and everyday convenience...	2 beds \| 1 baths \| 1,248 sq.ft.	$142,500	Airbnb cash on cash: 4.25% Traditional cash on cash: 8.35% Airbnb Rental Income: $1330 Traditional Rental Income: $1480 Airbnb ROI: 4.25% Traditional ROI: 8.35%
1731 Homewood Avenue Mishawaka, IN Why rent when you can own this nicely updated Mishawaka home? Updated windows (2023), HVAC...	2 beds \| 1 baths \| 726 sq.ft.	$150,000	Airbnb cash on cash: 4.15% Traditional cash on cash: 2.98% Airbnb Rental Income: $1330 Traditional Rental Income: $751 Airbnb ROI: 4.15% Traditional ROI: 2.98%

Real Estate investment in Mishawaka, IN

There are 41 properties for sale in the city of Mishawaka . The median list price in Mishawaka is $229,900 and the average price per square foot is $119. In May 2026, the average monthly cash on cash return in Mishawaka is 6.00%. The average monthly rental income in Mishawaka is $2,041.

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

There are 41 investment properties available for sale in Mishawaka.

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

The ROI for Long-Term is higher than the Short-Term in Mishawaka with average rental income of $2,041.

Your search for investment property begins and ends here

Investment Property for Sale in Mishawaka, IN

11656 Black Friars Lane

Mishawaka, IN

4 beds | 3 baths | 3,415 sq.ft.

$399,900

Airbnb cash on cash: 0.77%

Traditional cash on cash: 3.54%

Airbnb Rental Income: $1384

Traditional Rental Income: $2002

Airbnb ROI: 0.77%

Traditional ROI: 3.54%

801 Webster Street

Mishawaka, IN

3 beds | 1 baths | 1,830 sq.ft.

$199,000

Airbnb cash on cash: 3.34%

Traditional cash on cash: 5.67%

Airbnb Rental Income: $1678

Traditional Rental Income: $1650

Airbnb ROI: 3.34%

Traditional ROI: 5.67%

804 Kings Court

Mishawaka, IN

3 beds | 2 baths | 1,720 sq.ft.

$419,900

Airbnb cash on cash: 1.21%

Traditional cash on cash: 4.6%

Airbnb Rental Income: $1678

Traditional Rental Income: $2543

Airbnb ROI: 1.21%

Traditional ROI: 4.6%

1821 Milburn Boulevard

Mishawaka, IN

3 beds | 2 baths | 1,448 sq.ft.

$219,900

Airbnb cash on cash: 3.14%

Traditional cash on cash: 2.1%

Airbnb Rental Income: $1678

Traditional Rental Income: $993

Airbnb ROI: 3.14%

Traditional ROI: 2.1%

16974 Douglas Road

Mishawaka, IN

3 beds | 1 baths | 1,300 sq.ft.

$599,900

Airbnb cash on cash: 0.82%

Traditional cash on cash: 1.34%

Airbnb Rental Income: $1678

Traditional Rental Income: $1503

Airbnb ROI: 0.82%

Traditional ROI: 1.34%

1521 E Lincolnway

Mishawaka, IN

3 beds | 1 baths | 1,008 sq.ft.

$115,000

Airbnb cash on cash: 7.87%

Traditional cash on cash: 10.76%

Airbnb Rental Income: $1678

Traditional Rental Income: $1530

Airbnb ROI: 7.87%

Traditional ROI: 10.76%

15669 Hearthstone Drive

Mishawaka, IN

3 beds | 3 baths | 3,354 sq.ft.

$349,000

Airbnb cash on cash: 1.68%

Traditional cash on cash: 5.9%

Airbnb Rental Income: $1678

Traditional Rental Income: $2593

Airbnb ROI: 1.68%

Traditional ROI: 5.9%

1602 N Lake George Drive

Mishawaka, IN

3 beds | 3 baths | 2,587 sq.ft.

$450,000

Airbnb cash on cash: -0.04%

Traditional cash on cash: 4.35%

Airbnb Rental Income: $1678

Traditional Rental Income: $3059

Airbnb ROI: -0.04%