Real Estate Investment Properties for Sale in Monticello, IN

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
523 S Western Heights Loop Monticello, IN Discover this beautifully updated 3-bedroom, 2.5-bath home featuring an inviting open-conc...	3 beds \| 2 baths \| 1,838 sq.ft.	$339,000	Airbnb cash on cash: 0.55% Traditional cash on cash: 6.01% Airbnb Rental Income: $1057 Traditional Rental Income: $2431 Airbnb ROI: 0.55% Traditional ROI: 6.01%
1607 Lawson Lane Monticello, IN Lake Freeman Year-Round Home on a huge .74 acre lake lot with 160 +ft. of secluded waterfr...	2 beds \| 1 baths \| 1,196 sq.ft.	$309,000	Airbnb cash on cash: -1.02% Traditional cash on cash: 2.94% Airbnb Rental Income: $914 Traditional Rental Income: $1723 Airbnb ROI: -1.02% Traditional ROI: 2.94%
11921 W Breezy Point Dr Monticello, IN Beautifully remodeled cottage on Lake Freeman! This turnkey 3-bedroom, 2-full-bath home ha...	3 beds \| 2 baths \| 1,232 sq.ft.	$325,000	Airbnb cash on cash: 0.63% Traditional cash on cash: 5.3% Airbnb Rental Income: $1057 Traditional Rental Income: $2120 Airbnb ROI: 0.63% Traditional ROI: 5.3%
1190 N Hinterland Ct Monticello, IN Welcome to 1190 N Hinterland Court! This expansive home offers over 3,500 finished square ...	4 beds \| 3 baths \| 3,542 sq.ft.	$475,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.24% Airbnb Rental Income: $null Traditional Rental Income: $3092 Airbnb ROI: N/A Traditional ROI: 5.24%
5413 E Fairbanks Ct Monticello, IN MOTIVATED SELLER, SELLER SAYS SELL, HUGE PRICE REDUCTION!! Best Views on Lake Shafer with ...	4 beds \| 3 baths \| 4,236 sq.ft.	$749,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.72% Airbnb Rental Income: $null Traditional Rental Income: $3116 Airbnb ROI: N/A Traditional ROI: 2.72%
1602 N Brandywine Ct Monticello, IN Riverfront retreat, fully loaded and move-in ready! This immaculate 3-bed, 2-bath raised r...	3 beds \| 2 baths \| 2,350 sq.ft.	$549,900	Airbnb cash on cash: -0.1% Traditional cash on cash: 3.89% Airbnb Rental Income: $1057 Traditional Rental Income: $2740 Airbnb ROI: -0.1% Traditional ROI: 3.89%
3964 N Lake Rd 24 Rd E Monticello, IN Remodeled lake home on Keen's Creek. 3 bedrooms and 2 baths are just the tip of what this ...	3 beds \| 2 baths \| 1,504 sq.ft.	$284,900	Airbnb cash on cash: 0.66% Traditional cash on cash: 7.08% Airbnb Rental Income: $1057 Traditional Rental Income: $2414 Airbnb ROI: 0.66% Traditional ROI: 7.08%
5124 N Point Park Ct Monticello, IN Updated and all new!! This beautiful home has been completely updated included the roof, ...	3 beds \| 2 baths \| 2,292 sq.ft.	$250,000	Airbnb cash on cash: 0.76% Traditional cash on cash: 9.72% Airbnb Rental Income: $1057 Traditional Rental Income: $2806 Airbnb ROI: 0.76% Traditional ROI: 9.72%
4386 E Luse Rd Monticello, IN Peaceful Retreat with Space to Roam, Just South of Monticello Escape the hustle and embra...	4 beds \| 3 baths \| 3,624 sq.ft.	$434,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.77% Airbnb Rental Income: $null Traditional Rental Income: $3037 Airbnb ROI: N/A Traditional ROI: 5.77%
5063 NW Shafer Dr Monticello, IN BIG PRICE DROP 2 bedroom Main Lake Shafer Cottage with Wide Panoramic Views of Lake. Perfe...	2 beds \| N/A baths \| 368 sq.ft.	$225,000	Airbnb cash on cash: 0.64% Traditional cash on cash: 3.22% Airbnb Rental Income: $914 Traditional Rental Income: $1122 Airbnb ROI: 0.64% Traditional ROI: 3.22%
4915 E White Point Dr Monticello, IN This cozy home is the perfect blend of comfort and convenience. Featuring vinyl siding and...	1 beds \| 1 baths \| 834 sq.ft.	$92,500	Airbnb cash on cash: 1.09% Traditional cash on cash: 9.04% Airbnb Rental Income: $590 Traditional Rental Income: $1020 Airbnb ROI: 1.09% Traditional ROI: 9.04%
1204 E Ohio St Monticello, IN Don't miss the opportunity toÂ own a lake home that is ideally situated close to everythin...	5 beds \| 3 baths \| 3,495 sq.ft.	$1,150,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.08% Airbnb Rental Income: $null Traditional Rental Income: $4459 Airbnb ROI: N/A Traditional ROI: 2.08%
5116 S Reagan Dr Yeoman, IN Spacious and full of potential, this 4 bedroom, 2.5 bath contemporary home offers over 2,5...	4 beds \| 3 baths \| 2,574 sq.ft.	$270,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.24% Airbnb Rental Income: $null Traditional Rental Income: $2891 Airbnb ROI: N/A Traditional ROI: 9.24%
5220 E Wenz Dr Monticello, IN Charming Waterfront Home on Lake Shafer. Enjoy lake life in this inviting 2-bedroom, 1-bat...	2 beds \| 2 baths \| 960 sq.ft.	$374,500	Airbnb cash on cash: -0.04% Traditional cash on cash: 4.65% Airbnb Rental Income: $914 Traditional Rental Income: $2220 Airbnb ROI: -0.04% Traditional ROI: 4.65%
4954 E Bayfront Ct Monticello, IN 5 bed/4 full bath Lake Shafer/Kean's bay 2 house Beauty with a Classy mixture of modern up...	5 beds \| 4 baths \| 4,378 sq.ft.	$1,175,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.51% Airbnb Rental Income: $null Traditional Rental Income: $4702 Airbnb ROI: N/A Traditional ROI: 2.51%
4372 N Shorewood Ct Monticello, IN Enjoy lake living at its finest with this 2-bedroom, 2-bath waterfront home on Lake Shafer...	2 beds \| 2 baths \| 1,188 sq.ft.	$499,900	Airbnb cash on cash: -0.96% Traditional cash on cash: 2.49% Airbnb Rental Income: $914 Traditional Rental Income: $2183 Airbnb ROI: -0.96% Traditional ROI: 2.49%
7563 E 600 Rd N Monticello, IN This well-kept country ranch home built in 2005 offers; a 2 car att. & a finished 32x24 po...	2 beds \| 1 baths \| 1,158 sq.ft.	$319,900	Airbnb cash on cash: 0.34% Traditional cash on cash: 4.11% Airbnb Rental Income: $914 Traditional Rental Income: $1707 Airbnb ROI: 0.34% Traditional ROI: 4.11%
6506 E 250 N Monticello, IN Recently updated two bedroom, two bath ranch style home with an attached two car garage si...	2 beds \| 2 baths \| 1,144 sq.ft.	$239,900	Airbnb cash on cash: 0.33% Traditional cash on cash: 4.89% Airbnb Rental Income: $914 Traditional Rental Income: $1608 Airbnb ROI: 0.33% Traditional ROI: 4.89%
505 W Marion St Monticello, IN Charming 4-bedroom, 2-bath home on Marion Street! Enjoy relaxing on the spacious covered f...	4 beds \| 2 baths \| 1,456 sq.ft.	$249,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.64% Airbnb Rental Income: $null Traditional Rental Income: $2033 Airbnb ROI: N/A Traditional ROI: 6.64%
3565 N West Shafer Drive Monticello, IN Introducing the Saint Francis model by Majestic Homes, a brand-new ranch featuring 3 bedro...	3 beds \| 2 baths \| 2,092 sq.ft.	$414,900	Airbnb cash on cash: -0.3% Traditional cash on cash: 4.42% Airbnb Rental Income: $1057 Traditional Rental Income: $2530 Airbnb ROI: -0.3% Traditional ROI: 4.42%
5638 E 400 Rd N Monticello, IN Welcome to this stunning 4-bedroom, 3.5-bathroom home offering a total of 2,620 square fee...	4 beds \| 3 baths \| 2,620 sq.ft.	$389,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.99% Airbnb Rental Income: $null Traditional Rental Income: $3504 Airbnb ROI: N/A Traditional ROI: 7.99%
3580 N West Shafer Dr Monticello, IN New construction by Majestic Custom Homes of Lafayette. Majestic Custom Homes of Lafayett...	3 beds \| 2 baths \| 1,953 sq.ft.	$399,900	Airbnb cash on cash: -0.25% Traditional cash on cash: 4.47% Airbnb Rental Income: $1057 Traditional Rental Income: $2461 Airbnb ROI: -0.25% Traditional ROI: 4.47%
3249 N 400 east Crossroad Monticello, IN PRICE REDUCTION!! Remodeled 3 bed/2 bath Golf Course house on Back Nine at Tippecanoe Coun...	3 beds \| 2 baths \| 1,638 sq.ft.	$259,900	Airbnb cash on cash: 0.47% Traditional cash on cash: 5.97% Airbnb Rental Income: $1057 Traditional Rental Income: $2040 Airbnb ROI: 0.47% Traditional ROI: 5.97%
206 Royalwood Dr Monticello, IN Welcome to the Barkley by Majestic Custom Homes of Lafayette located in the Sycamore Estat...	3 beds \| 2 baths \| 1,720 sq.ft.	$349,900	Airbnb cash on cash: 0.01% Traditional cash on cash: 4.65% Airbnb Rental Income: $1057 Traditional Rental Income: $2217 Airbnb ROI: 0.01% Traditional ROI: 4.65%
9978 N State Road 119 Monticello, IN Charming 3-bedroom, 2-bath farmhouse full of character and country appeal! This 1Â½-story ...	3 beds \| 2 baths \| 1,900 sq.ft.	$160,000	Airbnb cash on cash: 1.59% Traditional cash on cash: 10.76% Airbnb Rental Income: $1057 Traditional Rental Income: $2093 Airbnb ROI: 1.59% Traditional ROI: 10.76%
6369 N 1225 West Xrd Monticello, IN Nestled along the scenic Tippecanoe River, this stunning river cottage redefines waterfron...	2 beds \| 1 baths \| 1,050 sq.ft.	$439,900	Airbnb cash on cash: -0.19% Traditional cash on cash: 2.53% Airbnb Rental Income: $914 Traditional Rental Income: $1769 Airbnb ROI: -0.19% Traditional ROI: 2.53%
2406 N West Shafer Dr Monticello, IN This cute, open-concept two-bedroom home offers excellent natural light thanks to its larg...	2 beds \| 1 baths \| 806 sq.ft.	$159,900	Airbnb cash on cash: 1.67% Traditional cash on cash: 6.02% Airbnb Rental Income: $914 Traditional Rental Income: $1237 Airbnb ROI: 1.67% Traditional ROI: 6.02%
11044 N Landings Rd Monticello, IN Discover this updated 4 bed, 2 bath lake house offering just under 2,000 finished square f...	4 beds \| 2 baths \| 1,982 sq.ft.	$479,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.59% Airbnb Rental Income: $null Traditional Rental Income: $2734 Airbnb ROI: N/A Traditional ROI: 4.59%
5790 E Glenn Arrow Dr Monticello, IN Welcome to 5790 E Glenn Arrow Drive! This home offers tranquil living in a peaceful rural...	4 beds \| 1 baths \| 1,980 sq.ft.	$285,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.11% Airbnb Rental Income: $null Traditional Rental Income: $2377 Airbnb ROI: N/A Traditional ROI: 7.11%
4183 E Arrowhead Rd Monticello, IN Welcome to this charming 3-bedroom, 2-bathroom ranch home nestled along the scenic fairway...	3 beds \| 2 baths \| 2,044 sq.ft.	$380,000	Airbnb cash on cash: 0.28% Traditional cash on cash: 4.79% Airbnb Rental Income: $1057 Traditional Rental Income: $2298 Airbnb ROI: 0.28% Traditional ROI: 4.79%
602 Maple St Monticello, IN 3 bedroom, 1 bath, 1.5 story house on the South side of Monticello. Corner lot with street...	3 beds \| 1 baths \| 1,502 sq.ft.	$169,575	Airbnb cash on cash: 1.89% Traditional cash on cash: 7.11% Airbnb Rental Income: $1057 Traditional Rental Income: $1536 Airbnb ROI: 1.89% Traditional ROI: 7.11%
11810 W 820 North Xrd Monticello, IN 3.90 acre Lake Freeman Multi-Purpose Commercial/Residential Property with (3) separate par...	4 beds \| 2 baths \| 2,682 sq.ft.	$1,199,990	Airbnb cash on cash: N/A Traditional cash on cash: 0.16% Airbnb Rental Income: $null Traditional Rental Income: $1549 Airbnb ROI: N/A Traditional ROI: 0.16%
5508 E Golden Acres Court Monticello, IN Enjoy the best of Lake Shafer from this beautiful waterfront home on the north end of the ...	5 beds \| 5 baths \| 3,672 sq.ft.	$949,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.88% Airbnb Rental Income: $null Traditional Rental Income: $5624 Airbnb ROI: N/A Traditional ROI: 4.88%

Real Estate investment in Monticello, IN

There are 34 properties for sale in the city of Monticello . The median list price in Monticello is $362,200 and the average price per square foot is $180. In January 2026, the average monthly cash on cash return in Monticello is 5.00%. The average monthly rental income in Monticello is $2,259.

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

There are 34 investment properties available for sale in Monticello.

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

The ROI for Short-Term is higher than the Long-Term in Monticello with average rental income of $1,057.

Your search for investment property begins and ends here

Investment Property for Sale in Monticello, IN

523 S Western Heights Loop

Monticello, IN

3 beds | 2 baths | 1,838 sq.ft.

$339,000

Airbnb cash on cash: 0.55%

Traditional cash on cash: 6.01%

Airbnb Rental Income: $1057

Traditional Rental Income: $2431

Airbnb ROI: 0.55%

Traditional ROI: 6.01%

1607 Lawson Lane

Monticello, IN

2 beds | 1 baths | 1,196 sq.ft.

$309,000

Airbnb cash on cash: -1.02%

Traditional cash on cash: 2.94%

Airbnb Rental Income: $914

Traditional Rental Income: $1723

Airbnb ROI: -1.02%

Traditional ROI: 2.94%

11921 W Breezy Point Dr

Monticello, IN

3 beds | 2 baths | 1,232 sq.ft.

$325,000

Airbnb cash on cash: 0.63%

Traditional cash on cash: 5.3%

Airbnb Rental Income: $1057

Traditional Rental Income: $2120

Airbnb ROI: 0.63%

Traditional ROI: 5.3%

1190 N Hinterland Ct

Monticello, IN

4 beds | 3 baths | 3,542 sq.ft.

$475,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.24%

Airbnb Rental Income: $null

Traditional Rental Income: $3092

Airbnb ROI: N/A

Traditional ROI: 5.24%

5413 E Fairbanks Ct

Monticello, IN

4 beds | 3 baths | 4,236 sq.ft.

$749,900

Airbnb cash on cash: N/A

Traditional cash on cash: 2.72%

Airbnb Rental Income: $null

Traditional Rental Income: $3116

Airbnb ROI: N/A

Traditional ROI: 2.72%

1602 N Brandywine Ct

Monticello, IN

3 beds | 2 baths | 2,350 sq.ft.

$549,900

Airbnb cash on cash: -0.1%

Traditional cash on cash: 3.89%

Airbnb Rental Income: $1057

Traditional Rental Income: $2740

Airbnb ROI: -0.1%

Traditional ROI: 3.89%

3964 N Lake Rd 24 Rd E

Monticello, IN

3 beds | 2 baths | 1,504 sq.ft.

$284,900

Airbnb cash on cash: 0.66%

Traditional cash on cash: 7.08%

Airbnb Rental Income: $1057

Traditional Rental Income: $2414

Airbnb ROI: 0.66%

Traditional ROI: 7.08%

5124 N Point Park Ct

Monticello, IN

3 beds | 2 baths | 2,292 sq.ft.

$250,000

Airbnb cash on cash: 0.76%

Traditional cash on cash: 9.72%

Airbnb Rental Income: $1057

Traditional Rental Income: $2806

Airbnb ROI: 0.76%