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
507 W Oak Street Mitchell, IN Motivated & Priced To Sell! Seller Is Offering $3500 In Concession's With Accepted Offer! ...	2 beds \| 1 baths \| 912 sq.ft.	$120,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.84% Airbnb Rental Income: $null Traditional Rental Income: $1518 Airbnb ROI: N/A Traditional ROI: 10.84%
149 Hel Mar Drive Mitchell, IN Welcome home! This charming three-bedroom, two-bath ranch in Hel Mar is the kind of place ...	3 beds \| 2 baths \| 1,200 sq.ft.	$203,900	Airbnb cash on cash: 2.55% Traditional cash on cash: 8.44% Airbnb Rental Income: $1235 Traditional Rental Income: $1979 Airbnb ROI: 2.55% Traditional ROI: 8.44%
622 W Grissom Avenue Mitchell, IN Motivated Seller & Priced To Sell! Step back in time with this spacious, character-filled ...	5 beds \| 2 baths \| 2,640 sq.ft.	$264,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.16% Airbnb Rental Income: $null Traditional Rental Income: $2763 Airbnb ROI: N/A Traditional ROI: 9.16%
46 Woodlawn Drive Mitchell, IN Welcome to 46 Woodlawn Dr! This bi-level home offers 4 bedrooms, 3 full baths and plenty o...	4 beds \| 3 baths \| 1,964 sq.ft.	$285,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.04% Airbnb Rental Income: $null Traditional Rental Income: $2726 Airbnb ROI: N/A Traditional ROI: 8.04%
1477 Yockey Road Mitchell, IN 1477 Yockey Road, Mitchell, IN., Here is your opportunity to own this modern-efficient 3 b...	3 beds \| 2 baths \| 1,104 sq.ft.	$279,000	Airbnb cash on cash: 1.36% Traditional cash on cash: 5.56% Airbnb Rental Income: $1235 Traditional Rental Income: $1943 Airbnb ROI: 1.36% Traditional ROI: 5.56%
1134 N Marion Street Mitchell, IN This 2-bedroom, 1-bath home has been completely transformed and is ready for its next chap...	2 beds \| 1 baths \| 863 sq.ft.	$145,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.26% Airbnb Rental Income: $null Traditional Rental Income: $1481 Airbnb ROI: N/A Traditional ROI: 8.26%
300 & 302 Yockey Estates Mitchell, IN Great investment opportunity! This duplex is in a wonderful location nestled on 1 acre of ...	4 beds \| 2 baths \| 1,924 sq.ft.	$144,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.26% Airbnb Rental Income: $null Traditional Rental Income: $1719 Airbnb ROI: N/A Traditional ROI: 9.26%
503 College Avenue Mitchell, IN Welcome to this freshly built 3-bedroom, 2-bath home completed in summer of 2025. Bright, ...	3 beds \| 2 baths \| 1,200 sq.ft.	$225,000	Airbnb cash on cash: 2.45% Traditional cash on cash: 8.15% Airbnb Rental Income: $1235 Traditional Rental Income: $2056 Airbnb ROI: 2.45% Traditional ROI: 8.15%
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.	$125,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.72% Airbnb Rental Income: $null Traditional Rental Income: $1550 Airbnb ROI: N/A Traditional ROI: 10.72%
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.	$224,900	Airbnb cash on cash: 2.22% Traditional cash on cash: 9.96% Airbnb Rental Income: $1235 Traditional Rental Income: $2489 Airbnb ROI: 2.22% Traditional ROI: 9.96%
50 S Acres Drive Mitchell, IN UPDATE: this already beautiful home just keeps getting better! The seller has now added el...	4 beds \| 2 baths \| 1,344 sq.ft.	$229,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.82% Airbnb Rental Income: $null Traditional Rental Income: $1881 Airbnb ROI: N/A Traditional ROI: 6.82%
120 W Warren Street Mitchell, IN Charming One Story home in the heart of Mitchell! Newer roof, windows, flooring and more! ...	2 beds \| 1 baths \| 848 sq.ft.	$115,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.78% Airbnb Rental Income: $null Traditional Rental Income: $1535 Airbnb ROI: N/A Traditional ROI: 10.78%
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.	$264,900	Airbnb cash on cash: 1.24% Traditional cash on cash: 7.78% Airbnb Rental Income: $1235 Traditional Rental Income: $2475 Airbnb ROI: 1.24% Traditional ROI: 7.78%
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.	$399,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.01% Airbnb Rental Income: $null Traditional Rental Income: $3291 Airbnb ROI: N/A Traditional ROI: 7.01%
129 Pleasantview Drive Mitchell, IN Charming Corner Lot Home in Prime Location! Welcome to your New Home! This beautifully mai...	2 beds \| 1 baths \| 1,248 sq.ft.	$185,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.43% Airbnb Rental Income: $null Traditional Rental Income: $1806 Airbnb ROI: N/A Traditional ROI: 8.43%
2413 Spice Valley Road Mitchell, IN This stunning 5-bedroom, 2-bath home sits on 2 partially wooded acres with a spectacular v...	5 beds \| 2 baths \| 2,192 sq.ft.	$274,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.28% Airbnb Rental Income: $null Traditional Rental Income: $2663 Airbnb ROI: N/A Traditional ROI: 8.28%
4026 W US Hwy 50 Mitchell, IN If you have hobbies, a side hustle, or just need extra space, this unique property offers ...	1 beds \| 1 baths \| 1,196 sq.ft.	$179,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.41% Airbnb Rental Income: $null Traditional Rental Income: $1708 Airbnb ROI: N/A Traditional ROI: 7.41%
401 W Grissom Avenue Mitchell, IN This charming 3-bedroom, 2-full bath home is freshly renovated and ready for new owners! S...	3 beds \| 2 baths \| 1,340 sq.ft.	$225,900	Airbnb cash on cash: 2.16% Traditional cash on cash: 8.7% Airbnb Rental Income: $1235 Traditional Rental Income: $2238 Airbnb ROI: 2.16% Traditional ROI: 8.7%
2771 Old Vincennes Road Mitchell, IN You will not find an opportunity like this anywhere else! A wonderful 5 acre private retre...	3 beds \| 2 baths \| 1,620 sq.ft.	$449,900	Airbnb cash on cash: 0.25% Traditional cash on cash: 3.74% Airbnb Rental Income: $1235 Traditional Rental Income: $2311 Airbnb ROI: 0.25% Traditional ROI: 3.74%
533 Rabbitsville Road Mitchell, IN Charming 3-bedroom, 2-bath ranch with 1,300 sqft of comfortable living space. This home fe...	3 beds \| 2 baths \| 1,344 sq.ft.	$164,900	Airbnb cash on cash: 3.35% Traditional cash on cash: 11.46% Airbnb Rental Income: $1235 Traditional Rental Income: $2116 Airbnb ROI: 3.35% Traditional ROI: 11.46%
7327 W State Road 60 Mitchell, IN As you pull into the drive of this lovely home, you are greeted by mature trees and gentle...	2 beds \| 2 baths \| 1,570 sq.ft.	$399,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.03% Airbnb Rental Income: $null Traditional Rental Income: $2261 Airbnb ROI: N/A Traditional ROI: 4.03%
151 Pleasant View Drive Mitchell, IN This beautifully updated 3-bedroom, 1.5-bath home blends small-town charm with modern styl...	3 beds \| 2 baths \| 1,444 sq.ft.	$219,900	Airbnb cash on cash: 1.93% Traditional cash on cash: 8.67% Airbnb Rental Income: $1235 Traditional Rental Income: $2245 Airbnb ROI: 1.93% Traditional ROI: 8.67%
1302 W Deckard Drive Mitchell, IN This stunning 2,128 sq ft 1.5-story home sits on a desirable corner lot just past Meadowmo...	2 beds \| 2 baths \| 1,456 sq.ft.	$299,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.85% Airbnb Rental Income: $null Traditional Rental Income: $2144 Airbnb ROI: N/A Traditional ROI: 5.85%
843 Earl Road Mitchell, IN Escape to your own private paradise! This charming 2-bedroom, 1-bathroom cabin sits on 64 ...	2 beds \| 1 baths \| 1,054 sq.ft.	$525,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.53% Airbnb Rental Income: $null Traditional Rental Income: $1532 Airbnb ROI: N/A Traditional ROI: 1.53%
1681 Pumphouse Road Mitchell, IN Discover an incredible chance to own two homes on 4 beautiful acres with direct lake acces...	2 beds \| 1 baths \| 930 sq.ft.	$199,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.95% Airbnb Rental Income: $null Traditional Rental Income: $1647 Airbnb ROI: N/A Traditional ROI: 6.95%
97 S Acres Drive Mitchell, IN Exceptionally clean and well-maintained home on nearly an acre! This property offers the p...	3 beds \| 2 baths \| 1,344 sq.ft.	$170,000	Airbnb cash on cash: 3.36% Traditional cash on cash: 11% Airbnb Rental Income: $1235 Traditional Rental Income: $2079 Airbnb ROI: 3.36% Traditional ROI: 11%
6066 W State Road 60 Mitchell, IN Have you been searching for a spacious home with enough space for your needs? Look no mor...	4 beds \| 2 baths \| 1,848 sq.ft.	$249,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.05% Airbnb Rental Income: $null Traditional Rental Income: $2606 Airbnb ROI: N/A Traditional ROI: 9.05%
249 Yockey Road Mitchell, IN Welcome to this beautifully updated 3 bedroom, 3 full bathroom RANCH WALKOUT. Offering ove...	3 beds \| 3 baths \| 2,307 sq.ft.	$295,000	Airbnb cash on cash: 1.08% Traditional cash on cash: 8.24% Airbnb Rental Income: $1235 Traditional Rental Income: $2829 Airbnb ROI: 1.08% Traditional ROI: 8.24%
1211 & 1209 W Main Street Mitchell, IN Welcome to this well kept 2 bedroom, 1 bath home located right on Main Street in Mitchell!...	2 beds \| 1 baths \| 867 sq.ft.	$145,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.01% Airbnb Rental Income: $null Traditional Rental Income: $1600 Airbnb ROI: N/A Traditional ROI: 9.01%
112 Blue Bird Lane Mitchell, IN Introducing this 1,950 SQ FT Beautifully designed New-Construction home currently being bu...	3 beds \| 2 baths \| 1,950 sq.ft.	$319,900	Airbnb cash on cash: 1.45% Traditional cash on cash: 7.17% Airbnb Rental Income: $1235 Traditional Rental Income: $2560 Airbnb ROI: 1.45% Traditional ROI: 7.17%

Real Estate investment in Mitchell, IN

There are 30 properties for sale in the city of Mitchell . The median list price in Mitchell is $219,950 and the average price per square foot is $133. In December 2025, the average monthly cash on cash return in Mitchell is 9.00%. The average monthly rental income in Mitchell is $2,098.

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

There are 30 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 $2,098.

Your search for investment property begins and ends here

Investment Property for Sale in Mitchell, IN

507 W Oak Street

Mitchell, IN

2 beds | 1 baths | 912 sq.ft.

$120,000

Airbnb cash on cash: N/A

Traditional cash on cash: 10.84%

Airbnb Rental Income: $null

Traditional Rental Income: $1518

Airbnb ROI: N/A

Traditional ROI: 10.84%

149 Hel Mar Drive

Mitchell, IN

3 beds | 2 baths | 1,200 sq.ft.

$203,900

Airbnb cash on cash: 2.55%

Traditional cash on cash: 8.44%

Airbnb Rental Income: $1235

Traditional Rental Income: $1979

Airbnb ROI: 2.55%

Traditional ROI: 8.44%

622 W Grissom Avenue

Mitchell, IN

5 beds | 2 baths | 2,640 sq.ft.

$264,000

Airbnb cash on cash: N/A

Traditional cash on cash: 9.16%

Airbnb Rental Income: $null

Traditional Rental Income: $2763

Airbnb ROI: N/A

Traditional ROI: 9.16%

46 Woodlawn Drive

Mitchell, IN

4 beds | 3 baths | 1,964 sq.ft.

$285,000

Airbnb cash on cash: N/A

Traditional cash on cash: 8.04%

Airbnb Rental Income: $null

Traditional Rental Income: $2726

Airbnb ROI: N/A

Traditional ROI: 8.04%

1477 Yockey Road

Mitchell, IN

3 beds | 2 baths | 1,104 sq.ft.

$279,000

Airbnb cash on cash: 1.36%

Traditional cash on cash: 5.56%

Airbnb Rental Income: $1235

Traditional Rental Income: $1943

Airbnb ROI: 1.36%

Traditional ROI: 5.56%

1134 N Marion Street

Mitchell, IN

2 beds | 1 baths | 863 sq.ft.

$145,000

Airbnb cash on cash: N/A

Traditional cash on cash: 8.26%

Airbnb Rental Income: $null

Traditional Rental Income: $1481

Airbnb ROI: N/A

Traditional ROI: 8.26%

300 & 302 Yockey Estates

Mitchell, IN

4 beds | 2 baths | 1,924 sq.ft.

$144,900

Airbnb cash on cash: N/A

Traditional cash on cash: 9.26%

Airbnb Rental Income: $null

Traditional Rental Income: $1719

Airbnb ROI: N/A

Traditional ROI: 9.26%

503 College Avenue

Mitchell, IN

3 beds | 2 baths | 1,200 sq.ft.

$225,000

Airbnb cash on cash: 2.45%

Traditional cash on cash: 8.15%

Airbnb Rental Income: $1235

Traditional Rental Income: $2056

Airbnb ROI: 2.45%