Real Estate Investment Properties for Sale in Nappanee, IN

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
699 Forest Court Nappanee, IN This 4-BR 3.5 BR Executive home on an amazing cul-de-sac lot in NorthWood Subd. will plea...	4 beds \| 4 baths \| 2,448 sq.ft.	$579,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.84% Airbnb Rental Income: $null Traditional Rental Income: $3239 Airbnb ROI: N/A Traditional ROI: 3.84%
1003 Northwood Drive Nappanee, IN Charming 4-Bed, 2.5-Bath Home with Dream Kitchen in the Heart of Nappanee Tucked away on ...	4 beds \| 3 baths \| 2,460 sq.ft.	$329,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.9% Airbnb Rental Income: $null Traditional Rental Income: $3107 Airbnb ROI: N/A Traditional ROI: 7.9%
555 S Madison Street Nappanee, IN This home features 3 bedrooms, 1 bath, some updates have been complete in the last few yea...	3 beds \| 1 baths \| 1,636 sq.ft.	$204,900	Airbnb cash on cash: 5.45% Traditional cash on cash: 2.86% Airbnb Rental Income: $2065 Traditional Rental Income: $1029 Airbnb ROI: 5.45% Traditional ROI: 2.86%
1026 Blackstone Boulevard Nappanee, IN This must-see duplex unit in Nappanee offers over 3,000 square feet of beautifully finishe...	4 beds \| 3 baths \| 3,074 sq.ft.	$385,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.89% Airbnb Rental Income: $null Traditional Rental Income: $2182 Airbnb ROI: N/A Traditional ROI: 3.89%
651 Bungalow Drive Nappanee, IN Charming new construction 3 bedrooms 2 1/2 baths located just off the heart of town. phase...	3 beds \| 3 baths \| 1,584 sq.ft.	$350,000	Airbnb cash on cash: 2.48% Traditional cash on cash: 5.61% Airbnb Rental Income: $2065 Traditional Rental Income: $2561 Airbnb ROI: 2.48% Traditional ROI: 5.61%
652 Bungalow Drive Nappanee, IN Charming new construction 3 bedrooms 2 1/2 baths located just off the heart of town. phase...	3 beds \| 3 baths \| 1,584 sq.ft.	$350,000	Airbnb cash on cash: 2.49% Traditional cash on cash: 5.62% Airbnb Rental Income: $2065 Traditional Rental Income: $2561 Airbnb ROI: 2.49% Traditional ROI: 5.62%
68285 County Road 3 Nappanee, IN In a quiet, country setting, rests this custom built 4 bedroom, 2.5 bath home complete wit...	4 beds \| 3 baths \| 2,154 sq.ft.	$699,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.04% Airbnb Rental Income: $null Traditional Rental Income: $3043 Airbnb ROI: N/A Traditional ROI: 3.04%
205 Highland Street Nappanee, IN PRICE REDUCED!! This charming single-family home, built in 1930, offers a blend of classi...	3 beds \| 1 baths \| 1,104 sq.ft.	$170,000	Airbnb cash on cash: 7.1% Traditional cash on cash: 7.69% Airbnb Rental Income: $2065 Traditional Rental Income: $1627 Airbnb ROI: 7.1% Traditional ROI: 7.69%
1114 Beechwood Drive Nappanee, IN Available for immediate possession, this stunning 2.5-story executive home offers over 4,3...	5 beds \| 5 baths \| 4,381 sq.ft.	$599,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.77% Airbnb Rental Income: $null Traditional Rental Income: $5487 Airbnb ROI: N/A Traditional ROI: 7.77%
754 W. Market Street Nappanee, IN This 3-BR 1 bath Classic is a great way to stop paying rent and buy your own home. Spacio...	3 beds \| 1 baths \| 1,147 sq.ft.	$166,900	Airbnb cash on cash: 7.14% Traditional cash on cash: 8.61% Airbnb Rental Income: $2065 Traditional Rental Income: $1766 Airbnb ROI: 7.14% Traditional ROI: 8.61%
1306 McCormick Dr Nappanee, IN New Roof being installed soon! Welcome to this stunning Schrock-built home, perfectly posi...	4 beds \| 3 baths \| 3,060 sq.ft.	$459,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.45% Airbnb Rental Income: $null Traditional Rental Income: $3180 Airbnb ROI: N/A Traditional ROI: 5.45%
26725 County Road 52 Nappanee, IN SHOWING START JULY 28TH This beautifully built 2003 Schrock home is ready for its new ...	4 beds \| 4 baths \| 3,879 sq.ft.	$774,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.27% Airbnb Rental Income: $null Traditional Rental Income: $3685 Airbnb ROI: N/A Traditional ROI: 3.27%
70776 County Road 7 Nappanee, IN Welcome to your next chapter in this well-maintained, one-owner home nestled on a serene 1...	3 beds \| 2 baths \| 1,732 sq.ft.	$380,000	Airbnb cash on cash: 2.47% Traditional cash on cash: 4.9% Airbnb Rental Income: $2065 Traditional Rental Income: $2398 Airbnb ROI: 2.47% Traditional ROI: 4.9%
25855 County Road 54 Nappanee, IN MULTIPLE OFFERS--Best & Highest Due: 8/6/25 @ 9am---Nestled on 3.58 scenic acres, this bea...	3 beds \| 3 baths \| 2,865 sq.ft.	$545,000	Airbnb cash on cash: 0.89% Traditional cash on cash: 4.06% Airbnb Rental Income: $2065 Traditional Rental Income: $3145 Airbnb ROI: 0.89% Traditional ROI: 4.06%
72192 CR 9 Nappanee, IN Immaculate family home on beautiful country lot in Nappanee and all the mechanicals have ...	4 beds \| 2 baths \| N/A	$344,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.43% Airbnb Rental Income: $null Traditional Rental Income: $2663 Airbnb ROI: N/A Traditional ROI: 6.43%
1055 Parkwood Drive Nappanee, IN Donât miss this beautifully maintained tri-level home offering room to spread out and a ...	3 beds \| 3 baths \| 2,634 sq.ft.	$336,500	Airbnb cash on cash: 2.79% Traditional cash on cash: 7.72% Airbnb Rental Income: $2065 Traditional Rental Income: $3089 Airbnb ROI: 2.79% Traditional ROI: 7.72%
1104 N Main Street Nappanee, IN Welcome to 1104 N. Main Street in Nappanee! This beautifully updated 1.5-story home is mov...	3 beds \| 1 baths \| 1,801 sq.ft.	$268,500	Airbnb cash on cash: 3.51% Traditional cash on cash: 4.86% Airbnb Rental Income: $2065 Traditional Rental Income: $1873 Airbnb ROI: 3.51% Traditional ROI: 4.86%
252 Highland Street Nappanee, IN .Located in a quiet neighborhood within the desirable Wa-Nee School District, this well-ke...	2 beds \| 1 baths \| 1,116 sq.ft.	$189,000	Airbnb cash on cash: 6% Traditional cash on cash: 6.72% Airbnb Rental Income: $2008 Traditional Rental Income: $1614 Airbnb ROI: 6% Traditional ROI: 6.72%
553 E. Broad Street Nappanee, IN This 2-BR 1 bath cutie is sure to please. Beautiful hardwood floors, charming older Cop...	2 beds \| 1 baths \| 1,152 sq.ft.	$219,900	Airbnb cash on cash: 5.15% Traditional cash on cash: 6.37% Airbnb Rental Income: $2008 Traditional Rental Income: $1739 Airbnb ROI: 5.15% Traditional ROI: 6.37%
72355 County Road 3 Nappanee, IN Investment property! 2 for 1 deal! Two homes and approximately 0.74A of land. House #...	5 beds \| 3 baths \| 1,920 sq.ft.	$329,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.99% Airbnb Rental Income: $null Traditional Rental Income: $3144 Airbnb ROI: N/A Traditional ROI: 7.99%
1307 Pickwick Court Nappanee, IN Multiple offers---due 8/28 @ 8pm.----Welcome to 1307 Pickwick Court in Nappanee â a beau...	3 beds \| 2 baths \| 2,716 sq.ft.	$378,500	Airbnb cash on cash: 2.28% Traditional cash on cash: 5.33% Airbnb Rental Income: $2065 Traditional Rental Income: $2616 Airbnb ROI: 2.28% Traditional ROI: 5.33%

Real Estate investment in Nappanee, IN

There are 21 properties for sale in the city of Nappanee . The median list price in Nappanee is $350,000 and the average price per square foot is $158. In September 2025, the average monthly cash on cash return in Nappanee is 6.00%. The average monthly rental income in Nappanee is $2,616.

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

There are 21 investment properties available for sale in Nappanee.

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

The ROI for Long-Term is higher than the Short-Term in Nappanee with average rental income of $2,616.

Your search for investment property begins and ends here

Investment Property for Sale in Nappanee, IN

699 Forest Court

Nappanee, IN

4 beds | 4 baths | 2,448 sq.ft.

$579,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.84%

Airbnb Rental Income: $null

Traditional Rental Income: $3239

Airbnb ROI: N/A

Traditional ROI: 3.84%

1003 Northwood Drive

Nappanee, IN

4 beds | 3 baths | 2,460 sq.ft.

$329,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.9%

Airbnb Rental Income: $null

Traditional Rental Income: $3107

Airbnb ROI: N/A

Traditional ROI: 7.9%

555 S Madison Street

Nappanee, IN

3 beds | 1 baths | 1,636 sq.ft.

$204,900

Airbnb cash on cash: 5.45%

Traditional cash on cash: 2.86%

Airbnb Rental Income: $2065

Traditional Rental Income: $1029

Airbnb ROI: 5.45%

Traditional ROI: 2.86%

1026 Blackstone Boulevard

Nappanee, IN

4 beds | 3 baths | 3,074 sq.ft.

$385,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.89%

Airbnb Rental Income: $null

Traditional Rental Income: $2182

Airbnb ROI: N/A

Traditional ROI: 3.89%

651 Bungalow Drive

Nappanee, IN

3 beds | 3 baths | 1,584 sq.ft.

$350,000

Airbnb cash on cash: 2.48%

Traditional cash on cash: 5.61%

Airbnb Rental Income: $2065

Traditional Rental Income: $2561

Airbnb ROI: 2.48%

Traditional ROI: 5.61%

652 Bungalow Drive

Nappanee, IN

3 beds | 3 baths | 1,584 sq.ft.

$350,000

Airbnb cash on cash: 2.49%

Traditional cash on cash: 5.62%

Airbnb Rental Income: $2065

Traditional Rental Income: $2561

Airbnb ROI: 2.49%

Traditional ROI: 5.62%

68285 County Road 3

Nappanee, IN

4 beds | 3 baths | 2,154 sq.ft.

$699,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.04%

Airbnb Rental Income: $null

Traditional Rental Income: $3043

Airbnb ROI: N/A

Traditional ROI: 3.04%

205 Highland Street

Nappanee, IN

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

$170,000

Airbnb cash on cash: 7.1%

Traditional cash on cash: 7.69%

Airbnb Rental Income: $2065

Traditional Rental Income: $1627

Airbnb ROI: 7.1%