Real Estate Investment Properties for Sale in Mitchell, IN

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1211 W Main Street Mitchell, IN Charming one story home in the heart of the small town of Mitchell. Come check out this ...	2 beds \| 1 baths \| 867 sq.ft.	$165,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.48% Airbnb Rental Income: $null Traditional Rental Income: $1559 Airbnb ROI: N/A Traditional ROI: 7.48%
1986 Dixie Highway Mitchell, IN Step into this delightful 4-bedroom, 2-bathroom ranch home, where comfort meets charm! Ima...	4 beds \| 2 baths \| 1,708 sq.ft.	$249,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.51% Airbnb Rental Income: $null Traditional Rental Income: $2451 Airbnb ROI: N/A Traditional ROI: 8.51%
146 Boone Lane Mitchell, IN Fully furnished dazzler! If you are looking for a 3-4 bedroom, 2 bath home that is 100% mo...	4 beds \| 2 baths \| 2,232 sq.ft.	$328,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.76% Airbnb Rental Income: $null Traditional Rental Income: $2608 Airbnb ROI: N/A Traditional ROI: 6.76%
391 Hel Mar Drive Mitchell, IN Built in 2023, this home offers over 1,300 square feet of single-level living space, featu...	3 beds \| 2 baths \| 1,306 sq.ft.	$194,900	Airbnb cash on cash: 6.44% Traditional cash on cash: 7.28% Airbnb Rental Income: $2216 Traditional Rental Income: $1813 Airbnb ROI: 6.44% Traditional ROI: 7.28%
3640 Old Vincennes Road Mitchell, IN Cozy, entirely remodeled, 2 bed, 1 bath home on a large lot. This home is perfect for firs...	2 beds \| 1 baths \| 840 sq.ft.	$144,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.17% Airbnb Rental Income: $null Traditional Rental Income: $1550 Airbnb ROI: N/A Traditional ROI: 9.17%
1120 Maple Street Mitchell, IN Are you looking for a newly renovated home close to Mitchell Schools for you or your famil...	3 beds \| 2 baths \| 1,909 sq.ft.	$229,900	Airbnb cash on cash: 5.91% Traditional cash on cash: 9.73% Airbnb Rental Income: $2216 Traditional Rental Income: $2489 Airbnb ROI: 5.91% Traditional ROI: 9.73%
730 Thompson Lane Mitchell, IN Nestled on a serene 5-acre lot along a quiet lane, this stunning new construction home off...	3 beds \| 3 baths \| 1,680 sq.ft.	$339,900	Airbnb cash on cash: 3.06% Traditional cash on cash: 5.62% Airbnb Rental Income: $2216 Traditional Rental Income: $2477 Airbnb ROI: 3.06% Traditional ROI: 5.62%
400 Woodhills Lane Mitchell, IN Now is your chance to own a home on 4 acres at an amazing price with seclusion and wildlif...	3 beds \| 1 baths \| 960 sq.ft.	$150,000	Airbnb cash on cash: 9.55% Traditional cash on cash: 9.46% Airbnb Rental Income: $2216 Traditional Rental Income: $1645 Airbnb ROI: 9.55% Traditional ROI: 9.46%
844 W Frank Street Mitchell, IN Start Showing Date: 5/26/2025 Featuring original hardwood floors in this charming updated ...	2 beds \| 1 baths \| 908 sq.ft.	$159,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.79% Airbnb Rental Income: $null Traditional Rental Income: $1572 Airbnb ROI: N/A Traditional ROI: 7.79%
7441 State Road 60 W Mitchell, IN Beautifully updated and renovated brick ranch with several outbuildings sitting on 10 roll...	3 beds \| 3 baths \| 2,166 sq.ft.	$425,000	Airbnb cash on cash: 2.47% Traditional cash on cash: 5.64% Airbnb Rental Income: $2216 Traditional Rental Income: $2920 Airbnb ROI: 2.47% Traditional ROI: 5.64%
120 W Warren Street Mitchell, IN Newer roof, windows, flooring and more! A gem that's ready to become your personal happy p...	2 beds \| 1 baths \| 848 sq.ft.	$125,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.13% Airbnb Rental Income: $null Traditional Rental Income: $1535 Airbnb ROI: N/A Traditional ROI: 10.13%
1591 VFW Road Mitchell, IN Welcome to this beautifully maintained home nestled on a peaceful 2.5 acre lot, offering t...	3 beds \| 3 baths \| 1,620 sq.ft.	$269,900	Airbnb cash on cash: 4.41% Traditional cash on cash: 7.62% Airbnb Rental Income: $2216 Traditional Rental Income: $2475 Airbnb ROI: 4.41% Traditional ROI: 7.62%
1372 Yockey Road Mitchell, IN Priced BELOW appraised value, this spacious home is full of potential! With over 3100 sq f...	4 beds \| 3 baths \| 3,124 sq.ft.	$415,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.72% Airbnb Rental Income: $null Traditional Rental Income: $3291 Airbnb ROI: N/A Traditional ROI: 6.72%
1715 W OLD HIGHWAY 60 Mitchell, IN Stunning Country Home with Exceptional Outdoor Features. This spacious home boasts 3- 4 be...	3 beds \| 2 baths \| 1,992 sq.ft.	$329,900	Airbnb cash on cash: 3.65% Traditional cash on cash: 7.61% Airbnb Rental Income: $2216 Traditional Rental Income: $2887 Airbnb ROI: 3.65% Traditional ROI: 7.61%

Real Estate investment in Mitchell, IN

There are 14 properties for sale in the city of Mitchell . The median list price in Mitchell is $165,000 and the average price per square foot is $109. In September 2025, the average monthly cash on cash return in Mitchell is 9.00%. The average monthly rental income in Mitchell is $1,869.

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

There are 14 investment properties available for sale in Mitchell.

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

The ROI for Long-Term is higher than the Short-Term in Mitchell with average rental income of $1,869.

Your search for investment property begins and ends here

Investment Property for Sale in Mitchell, IN

1211 W Main Street

Mitchell, IN

2 beds | 1 baths | 867 sq.ft.

$165,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.48%

Airbnb Rental Income: $null

Traditional Rental Income: $1559

Airbnb ROI: N/A

Traditional ROI: 7.48%

1986 Dixie Highway

Mitchell, IN

4 beds | 2 baths | 1,708 sq.ft.

$249,900

Airbnb cash on cash: N/A

Traditional cash on cash: 8.51%

Airbnb Rental Income: $null

Traditional Rental Income: $2451

Airbnb ROI: N/A

Traditional ROI: 8.51%

146 Boone Lane

Mitchell, IN

4 beds | 2 baths | 2,232 sq.ft.

$328,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.76%

Airbnb Rental Income: $null

Traditional Rental Income: $2608

Airbnb ROI: N/A

Traditional ROI: 6.76%

391 Hel Mar Drive

Mitchell, IN

3 beds | 2 baths | 1,306 sq.ft.

$194,900

Airbnb cash on cash: 6.44%

Traditional cash on cash: 7.28%

Airbnb Rental Income: $2216

Traditional Rental Income: $1813

Airbnb ROI: 6.44%

Traditional ROI: 7.28%

3640 Old Vincennes Road

Mitchell, IN

2 beds | 1 baths | 840 sq.ft.

$144,900

Airbnb cash on cash: N/A

Traditional cash on cash: 9.17%

Airbnb Rental Income: $null

Traditional Rental Income: $1550

Airbnb ROI: N/A

Traditional ROI: 9.17%

1120 Maple Street

Mitchell, IN

3 beds | 2 baths | 1,909 sq.ft.

$229,900

Airbnb cash on cash: 5.91%

Traditional cash on cash: 9.73%

Airbnb Rental Income: $2216

Traditional Rental Income: $2489

Airbnb ROI: 5.91%

Traditional ROI: 9.73%

730 Thompson Lane

Mitchell, IN

3 beds | 3 baths | 1,680 sq.ft.

$339,900

Airbnb cash on cash: 3.06%

Traditional cash on cash: 5.62%

Airbnb Rental Income: $2216

Traditional Rental Income: $2477

Airbnb ROI: 3.06%

Traditional ROI: 5.62%

400 Woodhills Lane

Mitchell, IN

3 beds | 1 baths | 960 sq.ft.

$150,000

Airbnb cash on cash: 9.55%

Traditional cash on cash: 9.46%

Airbnb Rental Income: $2216

Traditional Rental Income: $1645

Airbnb ROI: 9.55%