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 This cozy 2 bedroom, 1 bathroom home is full of charm and move-in ready! Perfectly situate...	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%
1986 Dixie Highway Mitchell, IN Discover this cozy 4-bedroom, 2-bathroom ranch home that combines comfort and charm! Enjoy...	4 beds \| 2 baths \| 1,708 sq.ft.	$239,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.9% Airbnb Rental Income: $null Traditional Rental Income: $2451 Airbnb ROI: N/A Traditional ROI: 8.9%
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.	$327,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.8% Airbnb Rental Income: $null Traditional Rental Income: $2608 Airbnb ROI: N/A Traditional ROI: 6.8%
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%
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: 4.8% Traditional cash on cash: 7.28% Airbnb Rental Income: $1853 Traditional Rental Income: $1813 Airbnb ROI: 4.8% 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.	$134,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.89% Airbnb Rental Income: $null Traditional Rental Income: $1550 Airbnb ROI: N/A Traditional ROI: 9.89%
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: 4.64% Traditional cash on cash: 9.96% Airbnb Rental Income: $1853 Traditional Rental Income: $2489 Airbnb ROI: 4.64% Traditional ROI: 9.96%
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: 1.71% Traditional cash on cash: 5.64% Airbnb Rental Income: $1853 Traditional Rental Income: $2920 Airbnb ROI: 1.71% Traditional ROI: 5.64%
3911 Kings Ridge Road Mitchell, IN Discover privacy and modern living in this meticulously designed 3 bedroom, 3 bath home ne...	3 beds \| 3 baths \| 2,892 sq.ft.	$350,000	Airbnb cash on cash: 2.49% Traditional cash on cash: 7.85% Airbnb Rental Income: $1853 Traditional Rental Income: $3116 Airbnb ROI: 2.49% Traditional ROI: 7.85%
120 W Warren Street Mitchell, IN HUGE PRICE DROP!! Newer roof, windows, flooring and more! A gem that's ready to become you...	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: 3.3% Traditional cash on cash: 7.78% Airbnb Rental Income: $1853 Traditional Rental Income: $2475 Airbnb ROI: 3.3% Traditional ROI: 7.78%
1206 W Brook Street Mitchell, IN This delightful small residence features 3 cozy bedrooms and 1 bath. Nestled in a friendly...	3 beds \| 1 baths \| 1,044 sq.ft.	$140,000	Airbnb cash on cash: 8.21% Traditional cash on cash: 10.34% Airbnb Rental Income: $1853 Traditional Rental Income: $1642 Airbnb ROI: 8.21% Traditional ROI: 10.34%
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%
201 W Main Street Mitchell, IN Adorable home freshly painted and updated throughtout! This 884 sf home sits in a great lo...	1 beds \| 1 baths \| 884 sq.ft.	$129,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.43% Airbnb Rental Income: $null Traditional Rental Income: $1336 Airbnb ROI: N/A Traditional ROI: 7.43%
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.	$329,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.78% Airbnb Rental Income: $null Traditional Rental Income: $2663 Airbnb ROI: N/A Traditional ROI: 6.78%
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.	$190,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.98% Airbnb Rental Income: $null Traditional Rental Income: $1708 Airbnb ROI: N/A Traditional ROI: 6.98%
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: 4.57% Traditional cash on cash: 8.7% Airbnb Rental Income: $1853 Traditional Rental Income: $2238 Airbnb ROI: 4.57% 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: 1.47% Traditional cash on cash: 3.74% Airbnb Rental Income: $1853 Traditional Rental Income: $2311 Airbnb ROI: 1.47% Traditional ROI: 3.74%
2410 Rabbitsville Road Mitchell, IN Here it is! Country Livin'!! Not only is this home completely remodeled, it's affordable!...	2 beds \| 2 baths \| 1,342 sq.ft.	$219,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.75% Airbnb Rental Income: $null Traditional Rental Income: $2058 Airbnb ROI: N/A Traditional ROI: 7.75%
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: 6.63% Traditional cash on cash: 11.46% Airbnb Rental Income: $1853 Traditional Rental Income: $2116 Airbnb ROI: 6.63% Traditional ROI: 11.46%
1125 Dixie Highway Mitchell, IN Welcome to 1125 Dixie Hwy in Mitchell! This charming 3-bedroom, 1.5-bath home offers the p...	3 beds \| 2 baths \| 2,090 sq.ft.	$245,000	Airbnb cash on cash: 3.8% Traditional cash on cash: 9.23% Airbnb Rental Income: $1853 Traditional Rental Income: $2611 Airbnb ROI: 3.8% Traditional ROI: 9.23%
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.	$420,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.8% Airbnb Rental Income: $null Traditional Rental Income: $2261 Airbnb ROI: N/A Traditional ROI: 3.8%
2986 State Rd 60 E Mitchell, IN This beautifully updated 4-bedroom, 2-bath home offers the perfect blend of comfort, funct...	4 beds \| 2 baths \| 1,488 sq.ft.	$199,900	Airbnb cash on cash: N/A Traditional cash on cash: 10.54% Airbnb Rental Income: $null Traditional Rental Income: $2365 Airbnb ROI: N/A Traditional ROI: 10.54%

Real Estate investment in Mitchell, IN

There are 25 properties for sale in the city of Mitchell . The median list price in Mitchell is $194,900 and the average price per square foot is $111. In October 2025, the average monthly cash on cash return in Mitchell is 9.00%. The average monthly rental income in Mitchell is $2,238.

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

There are 25 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 $2,238.

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%

1986 Dixie Highway

Mitchell, IN

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

$239,900

Airbnb cash on cash: N/A

Traditional cash on cash: 8.9%

Airbnb Rental Income: $null

Traditional Rental Income: $2451

Airbnb ROI: N/A

Traditional ROI: 8.9%

146 Boone Lane

Mitchell, IN

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

$327,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.8%

Airbnb Rental Income: $null

Traditional Rental Income: $2608

Airbnb ROI: N/A

Traditional ROI: 6.8%

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%

391 Hel Mar Drive

Mitchell, IN

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

$194,900

Airbnb cash on cash: 4.8%

Traditional cash on cash: 7.28%

Airbnb Rental Income: $1853

Traditional Rental Income: $1813

Airbnb ROI: 4.8%

Traditional ROI: 7.28%

3640 Old Vincennes Road

Mitchell, IN

2 beds | 1 baths | 840 sq.ft.

$134,900

Airbnb cash on cash: N/A

Traditional cash on cash: 9.89%

Airbnb Rental Income: $null

Traditional Rental Income: $1550

Airbnb ROI: N/A

Traditional ROI: 9.89%

1120 Maple Street

Mitchell, IN

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

$224,900

Airbnb cash on cash: 4.64%

Traditional cash on cash: 9.96%

Airbnb Rental Income: $1853

Traditional Rental Income: $2489

Airbnb ROI: 4.64%

Traditional ROI: 9.96%

844 W Frank Street

Mitchell, IN

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