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
130 E 16th Street Mishawaka, IN This super charming 1 1/2 story home is going to make one lucky new homeowner very happy! ...	3 beds \| 1 baths \| 1,665 sq.ft.	$174,000	Airbnb cash on cash: 8.32% Traditional cash on cash: 7.98% Airbnb Rental Income: $2301 Traditional Rental Income: $1671 Airbnb ROI: 8.32% Traditional ROI: 7.98%
61701 Elm Road Mishawaka, IN The home was built originally in 1869 and has a lot of history. There are 3 buildings on t...	3 beds \| 3 baths \| 1,742 sq.ft.	$380,000	Airbnb cash on cash: 3.22% Traditional cash on cash: 4.79% Airbnb Rental Income: $2301 Traditional Rental Income: $2290 Airbnb ROI: 3.22% Traditional ROI: 4.79%
14942 Douglas Road Mishawaka, IN A beautiful brick home located in the Penn school district on over a 1/2 acre. This 3 bedr...	3 beds \| 3 baths \| 2,271 sq.ft.	$294,500	Airbnb cash on cash: 4.44% Traditional cash on cash: 8.29% Airbnb Rental Income: $2301 Traditional Rental Income: $2798 Airbnb ROI: 4.44% Traditional ROI: 8.29%
717 E Grove Street Mishawaka, IN Discover the perfect blend of comfort and convenience at 717 E Grove Street. This inviting...	3 beds \| 2 baths \| 1,204 sq.ft.	$195,000	Airbnb cash on cash: 7.07% Traditional cash on cash: 8.15% Airbnb Rental Income: $2301 Traditional Rental Income: $1927 Airbnb ROI: 7.07% Traditional ROI: 8.15%
120 Gernhart Avenue Mishawaka, IN Donât miss this spectacular Mishawaka home, full of fantastic updates and ideally locate...	3 beds \| 2 baths \| 2,200 sq.ft.	$260,000	Airbnb cash on cash: 4.99% Traditional cash on cash: 5.04% Airbnb Rental Income: $2301 Traditional Rental Income: $1741 Airbnb ROI: 4.99% Traditional ROI: 5.04%
907 Berkley Circle Mishawaka, IN Schedule your private tour todayâthis charming 2-bedroom, 1-bathroom condo in desirable ...	2 beds \| 1 baths \| 912 sq.ft.	$132,500	Airbnb cash on cash: 5.91% Traditional cash on cash: 5.37% Airbnb Rental Income: $1637 Traditional Rental Income: $1107 Airbnb ROI: 5.91% Traditional ROI: 5.37%
16974 Douglas Road Mishawaka, IN Location, Location Location!Three-bedroom home with attached garage. Commercial possibilit...	3 beds \| 1 baths \| 1,300 sq.ft.	$614,000	Airbnb cash on cash: 1.68% Traditional cash on cash: 1.29% Airbnb Rental Income: $2301 Traditional Rental Income: $1503 Airbnb ROI: 1.68% Traditional ROI: 1.29%
2028 Linden Avenue Mishawaka, IN Welcome to Your Dream Remodeled Riverfront Home! 2028 Linden Avenue offers stunning views ...	3 beds \| 3 baths \| 2,964 sq.ft.	$424,900	Airbnb cash on cash: 2.37% Traditional cash on cash: 6.14% Airbnb Rental Income: $2301 Traditional Rental Income: $3230 Airbnb ROI: 2.37% Traditional ROI: 6.14%
1846 Forest Edge Drive Mishawaka, IN Welcome to this warm and inviting 4-bedroom, 2.5-bathroom home nestled in the heart of Bla...	4 beds \| 3 baths \| 2,408 sq.ft.	$329,000	Airbnb cash on cash: 2.8% Traditional cash on cash: 5.18% Airbnb Rental Income: $2045 Traditional Rental Income: $2251 Airbnb ROI: 2.8% Traditional ROI: 5.18%
3751 Terry Lane Mishawaka, IN This 3 bedroom, 1.5 bath ranch is a must-see, combining thoughtful updates with a warm, co...	3 beds \| 2 baths \| 1,360 sq.ft.	$225,000	Airbnb cash on cash: 5.85% Traditional cash on cash: 6.2% Airbnb Rental Income: $2301 Traditional Rental Income: $1803 Airbnb ROI: 5.85% Traditional ROI: 6.2%
3820 Cottage Avenue Mishawaka, IN This beautiful home sits on a double lot featuring a inground pool with composite decking ...	4 beds \| 2 baths \| 3,520 sq.ft.	$670,000	Airbnb cash on cash: 0.14% Traditional cash on cash: 1.07% Airbnb Rental Income: $2045 Traditional Rental Income: $2101 Airbnb ROI: 0.14% Traditional ROI: 1.07%
15669 Hearthstone Drive Mishawaka, IN On Juday Creek in popular Winding Brook Park. Classic architecture and style. The home o...	3 beds \| 3 baths \| 3,354 sq.ft.	$350,000	Airbnb cash on cash: 3.29% Traditional cash on cash: 5.92% Airbnb Rental Income: $2301 Traditional Rental Income: $2593 Airbnb ROI: 3.29% Traditional ROI: 5.92%
1025 W Lincolnway Mishawaka, IN MAJOR PRICE REDUCTION â MOTIVATED SELLER! This beautiful 4-bedroom, 2.5-bath home is ful...	4 beds \| 3 baths \| 2,698 sq.ft.	$250,000	Airbnb cash on cash: 3.14% Traditional cash on cash: 10.32% Airbnb Rental Income: $2045 Traditional Rental Income: $3210 Airbnb ROI: 3.14% Traditional ROI: 10.32%
54290 Mystique Court Mishawaka, IN Charming home in PHM School District located on cul-de-sac. Spacious home with 4 bedrooms ...	4 beds \| 3 baths \| 2,507 sq.ft.	$365,000	Airbnb cash on cash: 2.37% Traditional cash on cash: 6.61% Airbnb Rental Income: $2045 Traditional Rental Income: $2965 Airbnb ROI: 2.37% Traditional ROI: 6.61%
11999 Wagner Drive Mishawaka, IN Charming ranch near Penn High School! This 3-bedroom, 1.5-bath home sits on a spacious cor...	3 beds \| 2 baths \| 1,773 sq.ft.	$210,000	Airbnb cash on cash: 6.76% Traditional cash on cash: 9.62% Airbnb Rental Income: $2301 Traditional Rental Income: $2298 Airbnb ROI: 6.76% Traditional ROI: 9.62%
512 webster Street Mishawaka, IN Charming Two-Story Home Near Downtown Mishawaka This delightful two-story home offers 3 be...	3 beds \| 2 baths \| 1,628 sq.ft.	$244,900	Airbnb cash on cash: 5.53% Traditional cash on cash: 7.34% Airbnb Rental Income: $2301 Traditional Rental Income: $2149 Airbnb ROI: 5.53% Traditional ROI: 7.34%
54570 Bethany Drive Mishawaka, IN This updated 3-bed, 2-bath quad-level in PHM Schools is packed with personality and upgrad...	3 beds \| 2 baths \| 1,504 sq.ft.	$284,999	Airbnb cash on cash: 4.65% Traditional cash on cash: 6.33% Airbnb Rental Income: $2301 Traditional Rental Income: $2179 Airbnb ROI: 4.65% Traditional ROI: 6.33%
203 Palau Avenue Mishawaka, IN Welcome home! This 3-bedroom ranch-style property is nestled in a quiet subdivision that b...	3 beds \| 1 baths \| 1,065 sq.ft.	$168,400	Airbnb cash on cash: 8.53% Traditional cash on cash: 7.69% Airbnb Rental Income: $2301 Traditional Rental Income: $1594 Airbnb ROI: 8.53% Traditional ROI: 7.69%
4607 Rivers Edge Drive Mishawaka, IN Enjoy comfort and convenience in this spacious 3-bedroom, 2-bath condo featuring vaulted c...	3 beds \| 2 baths \| 1,564 sq.ft.	$249,900	Airbnb cash on cash: 3% Traditional cash on cash: 4.82% Airbnb Rental Income: $2301 Traditional Rental Income: $2160 Airbnb ROI: 3% Traditional ROI: 4.82%
2232 Treys Trail Mishawaka, IN Welcome home to this beautiful 4 bedroom, 3 1/2 bath home in Willow Creek! With an open co...	4 beds \| 4 baths \| 3,722 sq.ft.	$414,900	Airbnb cash on cash: 1.71% Traditional cash on cash: 7.48% Airbnb Rental Income: $2045 Traditional Rental Income: $3758 Airbnb ROI: 1.71% Traditional ROI: 7.48%
902 S Main Street #A & B Mishawaka, IN Definitely an affordable duplex at this adjusted list price! Looking for an investment pro...	2 beds \| 2 baths \| 1,436 sq.ft.	$175,000	Airbnb cash on cash: 6.02% Traditional cash on cash: 8.19% Airbnb Rental Income: $2045 Traditional Rental Income: $1876 Airbnb ROI: 6.02% Traditional ROI: 8.19%
902 S Main Street #A-1 & B-2 Mishawaka, IN Definitely affordable at this adjusted list price! 2 story home currently being used as a...	2 beds \| 2 baths \| 1,476 sq.ft.	$175,000	Airbnb cash on cash: 3.76% Traditional cash on cash: 8.41% Airbnb Rental Income: $1637 Traditional Rental Income: $1949 Airbnb ROI: 3.76% Traditional ROI: 8.41%
514 S Middleboro Avenue Mishawaka, IN Back on market at no fault of the seller! Move-in ready two story home in popular Mishawak...	4 beds \| 1 baths \| 1,549 sq.ft.	$184,900	Airbnb cash on cash: 6.87% Traditional cash on cash: 8% Airbnb Rental Income: $2045 Traditional Rental Income: $1714 Airbnb ROI: 6.87% Traditional ROI: 8%
1530 Rockwood Lane Mishawaka, IN Welcome to this beautifully updated home nestled in the highly sought-after, maintenance-f...	3 beds \| 3 baths \| 2,661 sq.ft.	$535,000	Airbnb cash on cash: 1.54% Traditional cash on cash: 4.32% Airbnb Rental Income: $2301 Traditional Rental Income: $3121 Airbnb ROI: 1.54% Traditional ROI: 4.32%
3811 Dudley Drive Mishawaka, IN Welcome home to this beautiful and extra spacious 2 story in Reverewood subdivision. Step...	3 beds \| 3 baths \| 3,118 sq.ft.	$387,000	Airbnb cash on cash: 2.52% Traditional cash on cash: 5.95% Airbnb Rental Income: $2301 Traditional Rental Income: $2971 Airbnb ROI: 2.52% Traditional ROI: 5.95%
447 Edgewater Drive Mishawaka, IN This Immaculate Home Located on the St. Joseph river has been updated and comes with two B...	5 beds \| 4 baths \| 3,217 sq.ft.	$435,000	Airbnb cash on cash: 3.51% Traditional cash on cash: 7.85% Airbnb Rental Income: $3148 Traditional Rental Income: $4203 Airbnb ROI: 3.51% Traditional ROI: 7.85%
641 E Dragoon Trail Mishawaka, IN Welcome home! This gorgeous, well-maintained home in the sought-after Penn School District...	3 beds \| 2 baths \| 1,762 sq.ft.	$329,900	Airbnb cash on cash: 3.91% Traditional cash on cash: 5.81% Airbnb Rental Income: $2301 Traditional Rental Income: $2318 Airbnb ROI: 3.91% Traditional ROI: 5.81%
1204 Michigan Avenue Mishawaka, IN Back on market due to no fault on seller SELLER IS MOTIVATED. Don't miss your chance....	3 beds \| 2 baths \| 1,372 sq.ft.	$189,000	Airbnb cash on cash: 7.13% Traditional cash on cash: 8.98% Airbnb Rental Income: $2301 Traditional Rental Income: $2061 Airbnb ROI: 7.13% Traditional ROI: 8.98%
135 Ray Street Mishawaka, IN From the moment you step inside, this home welcomes you with charm and comfort. The update...	2 beds \| 2 baths \| 1,285 sq.ft.	$219,900	Airbnb cash on cash: 3.24% Traditional cash on cash: 6.79% Airbnb Rental Income: $1637 Traditional Rental Income: $1915 Airbnb ROI: 3.24% Traditional ROI: 6.79%
323 N Indiana Street Mishawaka, IN Excellent opportunity for investors or owner-occupants! Currently rented month-to-month at...	3 beds \| 2 baths \| 1,248 sq.ft.	$199,000	Airbnb cash on cash: 5.94% Traditional cash on cash: 6.74% Airbnb Rental Income: $2301 Traditional Rental Income: $1880 Airbnb ROI: 5.94% Traditional ROI: 6.74%
1036 E 3Rd Street Mishawaka, IN Charming 2-story home in a desirable Mishawaka location! A welcoming covered porch leads t...	3 beds \| 2 baths \| 1,416 sq.ft.	$169,000	Airbnb cash on cash: 7.29% Traditional cash on cash: 9.17% Airbnb Rental Income: $2301 Traditional Rental Income: $2031 Airbnb ROI: 7.29% Traditional ROI: 9.17%
13551 HAYNES Avenue Mishawaka, IN PHM 2 BEDROOM W/ LARGE YARD , ADDITIONAL 2 CAR GARAGE , POOL W/ NEW LINER , LARGE FENCED L...	2 beds \| 1 baths \| 1,152 sq.ft.	$179,000	Airbnb cash on cash: 4.89% Traditional cash on cash: 8.28% Airbnb Rental Income: $1637 Traditional Rental Income: $1753 Airbnb ROI: 4.89% Traditional ROI: 8.28%
4003 Savannah Pass Pass Mishawaka, IN Welcome to this beautiful villa in the sought-after Savannah Pass neighborhood of Mishawak...	2 beds \| 2 baths \| 1,128 sq.ft.	$275,000	Airbnb cash on cash: 1.77% Traditional cash on cash: 4.32% Airbnb Rental Income: $1637 Traditional Rental Income: $1836 Airbnb ROI: 1.77% Traditional ROI: 4.32%
453 Edgewater Drive Mishawaka, IN Welcome to one of Mishawakaâs most treasured homesites, where timeless architecture and ...	4 beds \| 3 baths \| 2,899 sq.ft.	$400,000	Airbnb cash on cash: 1.96% Traditional cash on cash: 7.98% Airbnb Rental Income: $2045 Traditional Rental Income: $3773 Airbnb ROI: 1.96% Traditional ROI: 7.98%
318 Terry Lane Mishawaka, IN Discover comfort and convenience in this 2-bedroom, 1.5 bath home, perfectly situated on a...	2 beds \| 2 baths \| 2,215 sq.ft.	$217,500	Airbnb cash on cash: 3.35% Traditional cash on cash: 8.5% Airbnb Rental Income: $1637 Traditional Rental Income: $2237 Airbnb ROI: 3.35% Traditional ROI: 8.5%
624 Windy Cove Court Mishawaka, IN Open House Sept Sat 27th & Sunday 28th 1pm - 3pm WONDERFUL 2 STORY HOME FROM THE INVITIN...	4 beds \| 3 baths \| 2,078 sq.ft.	$375,000	Airbnb cash on cash: 2.37% Traditional cash on cash: 6.01% Airbnb Rental Income: $2045 Traditional Rental Income: $2794 Airbnb ROI: 2.37% Traditional ROI: 6.01%
55131 Willow Creek Drive Mishawaka, IN PHM Schools + Pond + Pole Barn Your Hidden Country Retreat Minutes from the City Nestled ...	4 beds \| 3 baths \| 2,880 sq.ft.	$359,900	Airbnb cash on cash: 2.84% Traditional cash on cash: 7.47% Airbnb Rental Income: $2045 Traditional Rental Income: $3080 Airbnb ROI: 2.84% Traditional ROI: 7.47%
534 W 10th Street Mishawaka, IN Turn-Key Charm Near Rose Park! Donât let the size fool you ~ this adorable 1 bedroom, 1 ...	1 beds \| 1 baths \| 786 sq.ft.	$165,000	Airbnb cash on cash: 4.14% Traditional cash on cash: 4.53% Airbnb Rental Income: $1401 Traditional Rental Income: $1040 Airbnb ROI: 4.14% Traditional ROI: 4.53%
1602 Stoneham Drive Mishawaka, IN Welcome to your dream home! This brand-new home was built with attention to detail and fea...	4 beds \| 3 baths \| 3,018 sq.ft.	$525,000	Airbnb cash on cash: 1% Traditional cash on cash: 4.46% Airbnb Rental Income: $2045 Traditional Rental Income: $3212 Airbnb ROI: 1% Traditional ROI: 4.46%
209 E Edgar Avenue Mishawaka, IN Charming home with great potential, ideally located near shopping, restaurants, and the sc...	3 beds \| 1 baths \| 1,400 sq.ft.	$149,900	Airbnb cash on cash: 9.52% Traditional cash on cash: 9.22% Airbnb Rental Income: $2301 Traditional Rental Income: $1685 Airbnb ROI: 9.52% Traditional ROI: 9.22%

Real Estate investment in Mishawaka, IN

There are 45 properties for sale in the city of Mishawaka . The median list price in Mishawaka is $244,900 and the average price per square foot is $122. In October 2025, the average monthly cash on cash return in Mishawaka is 7.00%. The average monthly rental income in Mishawaka is $2,126.

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

There are 45 investment properties available for sale in Mishawaka.

In 2025, 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 $2,126.

Your search for investment property begins and ends here

Investment Property for Sale in Mishawaka, IN

130 E 16th Street

Mishawaka, IN

3 beds | 1 baths | 1,665 sq.ft.

$174,000

Airbnb cash on cash: 8.32%

Traditional cash on cash: 7.98%

Airbnb Rental Income: $2301

Traditional Rental Income: $1671

Airbnb ROI: 8.32%

Traditional ROI: 7.98%

61701 Elm Road

Mishawaka, IN

3 beds | 3 baths | 1,742 sq.ft.

$380,000

Airbnb cash on cash: 3.22%

Traditional cash on cash: 4.79%

Airbnb Rental Income: $2301

Traditional Rental Income: $2290

Airbnb ROI: 3.22%

Traditional ROI: 4.79%

14942 Douglas Road

Mishawaka, IN

3 beds | 3 baths | 2,271 sq.ft.

$294,500

Airbnb cash on cash: 4.44%

Traditional cash on cash: 8.29%

Airbnb Rental Income: $2301

Traditional Rental Income: $2798

Airbnb ROI: 4.44%

Traditional ROI: 8.29%

717 E Grove Street

Mishawaka, IN

3 beds | 2 baths | 1,204 sq.ft.

$195,000

Airbnb cash on cash: 7.07%

Traditional cash on cash: 8.15%

Airbnb Rental Income: $2301

Traditional Rental Income: $1927

Airbnb ROI: 7.07%

Traditional ROI: 8.15%

120 Gernhart Avenue

Mishawaka, IN

3 beds | 2 baths | 2,200 sq.ft.

$260,000

Airbnb cash on cash: 4.99%

Traditional cash on cash: 5.04%

Airbnb Rental Income: $2301

Traditional Rental Income: $1741

Airbnb ROI: 4.99%

Traditional ROI: 5.04%

907 Berkley Circle

Mishawaka, IN

2 beds | 1 baths | 912 sq.ft.

$132,500

Airbnb cash on cash: 5.91%

Traditional cash on cash: 5.37%

Airbnb Rental Income: $1637

Traditional Rental Income: $1107

Airbnb ROI: 5.91%

Traditional ROI: 5.37%

16974 Douglas Road

Mishawaka, IN

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

$614,000

Airbnb cash on cash: 1.68%

Traditional cash on cash: 1.29%

Airbnb Rental Income: $2301

Traditional Rental Income: $1503

Airbnb ROI: 1.68%

Traditional ROI: 1.29%

2028 Linden Avenue

Mishawaka, IN

3 beds | 3 baths | 2,964 sq.ft.

$424,900

Airbnb cash on cash: 2.37%

Traditional cash on cash: 6.14%

Airbnb Rental Income: $2301

Traditional Rental Income: $3230

Airbnb ROI: 2.37%