Real Estate Investment Properties for Sale in Roanoke, IN

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
11322 Miramar Cove Roanoke, IN Welcome to this stunning 4 bedroom 3.5 bathroom home in the highly sought after Azbury Par...	4 beds \| 4 baths \| 3,721 sq.ft.	$499,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.57% Airbnb Rental Income: $null Traditional Rental Income: $3493 Airbnb ROI: N/A Traditional ROI: 5.57%
433 Gene Drive Roanoke, IN NEW PRICE Welcome to 433 Gene Drive, a beautifully maintained villa located in the desir...	2 beds \| 2 baths \| 1,429 sq.ft.	$268,500	Airbnb cash on cash: N/A Traditional cash on cash: 5.76% Airbnb Rental Income: $null Traditional Rental Income: $2130 Airbnb ROI: N/A Traditional ROI: 5.76%
825 N Seminary Street Roanoke, IN Property back on the market at no fault of the seller. Buyer financing fell through last m...	4 beds \| 3 baths \| 2,378 sq.ft.	$330,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.9% Airbnb Rental Income: $null Traditional Rental Income: $2681 Airbnb ROI: N/A Traditional ROI: 6.9%
11099 Carob Thorn Trail Roanoke, IN Beautiful home available in Southwest Fort Wayne in Cedar Grove. This home features an ope...	3 beds \| 2 baths \| 1,464 sq.ft.	$368,900	Airbnb cash on cash: 1.44% Traditional cash on cash: 4.67% Airbnb Rental Income: $1416 Traditional Rental Income: $2108 Airbnb ROI: 1.44% Traditional ROI: 4.67%
7415 Witling Boulevard Roanoke, IN OPEN HOUSE SUNDAY AUG 24th 2-4! Looking for luxury, but also need more space? Look no furt...	5 beds \| 4 baths \| 3,395 sq.ft.	$544,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.55% Airbnb Rental Income: $null Traditional Rental Income: $3340 Airbnb ROI: N/A Traditional ROI: 4.55%
10937 Carob Thorn Trail Roanoke, IN Stunning new modern ranch home by Granite Ridge Builders. Almost 1500 SF with open living...	3 beds \| 2 baths \| 1,494 sq.ft.	$364,900	Airbnb cash on cash: 1.47% Traditional cash on cash: 4.64% Airbnb Rental Income: $1416 Traditional Rental Income: $2078 Airbnb ROI: 1.47% Traditional ROI: 4.64%
9824 Iron Bridge Road Roanoke, IN OPEN HOUSE: SUNDAY, AUGUST 24 FROM 1PM - 3PM: Welcome to your private retreat on a gorgeou...	3 beds \| 3 baths \| 2,336 sq.ft.	$464,900	Airbnb cash on cash: 0.39% Traditional cash on cash: 4.76% Airbnb Rental Income: $1416 Traditional Rental Income: $2890 Airbnb ROI: 0.39% Traditional ROI: 4.76%
451 Rockwell Avenue Roanoke, IN Check out this newer ranch home in the charming village of Roanoke. Located just a few blo...	3 beds \| 2 baths \| 1,491 sq.ft.	$374,900	Airbnb cash on cash: 0.51% Traditional cash on cash: 3.27% Airbnb Rental Income: $1416 Traditional Rental Income: $1961 Airbnb ROI: 0.51% Traditional ROI: 3.27%
599 N Seminary Street Roanoke, IN OPEN HOUSE Monday 8/18 4:00-6:00pm! RARE FIND in quaint Roanoke. 5 bedrooms and 2.5 bathro...	5 beds \| 3 baths \| 2,088 sq.ft.	$224,900	Airbnb cash on cash: N/A Traditional cash on cash: 10.53% Airbnb Rental Income: $null Traditional Rental Income: $2721 Airbnb ROI: N/A Traditional ROI: 10.53%
12502 Kress Road Roanoke, IN Stunning Equestrian Estate on Nearly 50 Private Acres This one-of-a-kind spectacular est...	4 beds \| 5 baths \| 6,954 sq.ft.	$2,999,900	Airbnb cash on cash: N/A Traditional cash on cash: 0.41% Airbnb Rental Income: $null Traditional Rental Income: $5242 Airbnb ROI: N/A Traditional ROI: 0.41%
7138 E Tanglewood Road Roanoke, IN Inspired by the timeless elegance of a French chateau in Brugge, Belgium, this extraordina...	5 beds \| 7 baths \| 7,345 sq.ft.	$3,500,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.85% Airbnb Rental Income: $null Traditional Rental Income: $7407 Airbnb ROI: N/A Traditional ROI: 0.85%
11228 Calera Passage Roanoke, IN Welcome to this beautifully maintained 3 bedroom, 2 full bathroom, 1700+ square foot, ranc...	3 beds \| 2 baths \| 1,735 sq.ft.	$310,000	Airbnb cash on cash: 1.25% Traditional cash on cash: 5.23% Airbnb Rental Income: $1416 Traditional Rental Income: $2152 Airbnb ROI: 1.25% Traditional ROI: 5.23%
692 Commercial Street Roanoke, IN Start Showing Date: 8/29/2025* Open Houses - Friday (8/29) from 5 to 7, and Sunday (8/31) ...	3 beds \| 2 baths \| 2,016 sq.ft.	$279,900	Airbnb cash on cash: 1.75% Traditional cash on cash: 6.92% Airbnb Rental Income: $1416 Traditional Rental Income: $2354 Airbnb ROI: 1.75% Traditional ROI: 6.92%
602 Nancyk Crossing Roanoke, IN Welcome to Roanoke. This beautiful family home is located in Roanoke Village. The moment y...	4 beds \| 4 baths \| 3,380 sq.ft.	$475,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.41% Airbnb Rental Income: $null Traditional Rental Income: $3709 Airbnb ROI: N/A Traditional ROI: 6.41%
4565 E Station Road Road Roanoke, IN Rare opportunity to acquire 4 adjoining parcels totaling 6.4 acres in the growing Roanoke ...	7 beds \| 2 baths \| 3,489 sq.ft.	$190,000	Airbnb cash on cash: N/A Traditional cash on cash: 11.66% Airbnb Rental Income: $null Traditional Rental Income: $2409 Airbnb ROI: N/A Traditional ROI: 11.66%
779 Waxwing Court Roanoke, IN Brand new home for sale in Roanoke by Granite Ridge Builders! Located in the Cardinal Cree...	3 beds \| 2 baths \| 1,302 sq.ft.	$329,900	Airbnb cash on cash: 1.75% Traditional cash on cash: 4.61% Airbnb Rental Income: $1416 Traditional Rental Income: $1877 Airbnb ROI: 1.75% Traditional ROI: 4.61%
11132 Carob Thorn Trail Roanoke, IN Welcome to this brand new home by Granite Ridge Builders in brand new Cedar Grove in South...	4 beds \| 3 baths \| 1,738 sq.ft.	$399,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.23% Airbnb Rental Income: $null Traditional Rental Income: $2417 Airbnb ROI: N/A Traditional ROI: 4.23%
7617 W MAPLE Lane Roanoke, IN Country Living Close to Everything â Highly Sought After Aboite Township Home on One Acr...	3 beds \| 1 baths \| 1,392 sq.ft.	$190,000	Airbnb cash on cash: 3.35% Traditional cash on cash: 6.71% Airbnb Rental Income: $1416 Traditional Rental Income: $1597 Airbnb ROI: 3.35% Traditional ROI: 6.71%
863 Warren Street Roanoke, IN Online Real Estate Auction - Bidding is live at HoosierAuctions.com. For all terms and con...	3 beds \| 1 baths \| 1,236 sq.ft.	$144,100	Airbnb cash on cash: 4.13% Traditional cash on cash: 7.82% Airbnb Rental Income: $1416 Traditional Rental Income: $1501 Airbnb ROI: 4.13% Traditional ROI: 7.82%
7347 E Indian Creek Road Roanoke, IN Nearly 6,000 sq ft on 6.4 wooded acres with a gated drive and river stone entry. This Craf...	5 beds \| 6 baths \| 5,752 sq.ft.	$1,179,999	Airbnb cash on cash: N/A Traditional cash on cash: 4.74% Airbnb Rental Income: $null Traditional Rental Income: $7077 Airbnb ROI: N/A Traditional ROI: 4.74%
12947 Ernst Road Roanoke, IN Welcome to your private oasis located in the sought after SWAC area. This immaculate home ...	3 beds \| 3 baths \| 2,472 sq.ft.	$524,900	Airbnb cash on cash: 0.36% Traditional cash on cash: 4.03% Airbnb Rental Income: $1416 Traditional Rental Income: $2791 Airbnb ROI: 0.36% Traditional ROI: 4.03%
4767 E 610 N Road Roanoke, IN Tucked on 2 acres in the quiet Beaver Lakes community of Roanoke, this beautifully renovat...	3 beds \| 4 baths \| 3,458 sq.ft.	$479,000	Airbnb cash on cash: 0.45% Traditional cash on cash: 5.3% Airbnb Rental Income: $1416 Traditional Rental Income: $3162 Airbnb ROI: 0.45% Traditional ROI: 5.3%
9803 IRON BRIDGE Road Roanoke, IN (Aug 17 Open House is Canceled) Tucked away on a quiet road in Windmore Subdivision, this ...	5 beds \| 5 baths \| 4,739 sq.ft.	$674,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.43% Airbnb Rental Income: $null Traditional Rental Income: $5195 Airbnb ROI: N/A Traditional ROI: 6.43%
7511 W County Line Road Roanoke, IN Just southwest of Fort Wayne, this beautifully renovated three-bedroom home offers the per...	3 beds \| 2 baths \| 1,901 sq.ft.	$369,000	Airbnb cash on cash: 1.13% Traditional cash on cash: 4.82% Airbnb Rental Income: $1416 Traditional Rental Income: $2270 Airbnb ROI: 1.13% Traditional ROI: 4.82%

Real Estate investment in Roanoke, IN

There are 24 properties for sale in the city of Roanoke . The median list price in Roanoke is $371,950 and the average price per square foot is $130. In September 2025, the average monthly cash on cash return in Roanoke is 5.00%. The average monthly rental income in Roanoke is $2,549.

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

There are 24 investment properties available for sale in Roanoke.

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

The ROI for Long-Term is higher than the Short-Term in Roanoke with average rental income of $2,549.

Your search for investment property begins and ends here

Investment Property for Sale in Roanoke, IN

11322 Miramar Cove

Roanoke, IN

4 beds | 4 baths | 3,721 sq.ft.

$499,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.57%

Airbnb Rental Income: $null

Traditional Rental Income: $3493

Airbnb ROI: N/A

Traditional ROI: 5.57%

433 Gene Drive

Roanoke, IN

2 beds | 2 baths | 1,429 sq.ft.

$268,500

Airbnb cash on cash: N/A

Traditional cash on cash: 5.76%

Airbnb Rental Income: $null

Traditional Rental Income: $2130

Airbnb ROI: N/A

Traditional ROI: 5.76%

825 N Seminary Street

Roanoke, IN

4 beds | 3 baths | 2,378 sq.ft.

$330,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.9%

Airbnb Rental Income: $null

Traditional Rental Income: $2681

Airbnb ROI: N/A

Traditional ROI: 6.9%

11099 Carob Thorn Trail

Roanoke, IN

3 beds | 2 baths | 1,464 sq.ft.

$368,900

Airbnb cash on cash: 1.44%

Traditional cash on cash: 4.67%

Airbnb Rental Income: $1416

Traditional Rental Income: $2108

Airbnb ROI: 1.44%

Traditional ROI: 4.67%

7415 Witling Boulevard

Roanoke, IN

5 beds | 4 baths | 3,395 sq.ft.

$544,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.55%

Airbnb Rental Income: $null

Traditional Rental Income: $3340

Airbnb ROI: N/A

Traditional ROI: 4.55%

10937 Carob Thorn Trail

Roanoke, IN

3 beds | 2 baths | 1,494 sq.ft.

$364,900

Airbnb cash on cash: 1.47%

Traditional cash on cash: 4.64%

Airbnb Rental Income: $1416

Traditional Rental Income: $2078

Airbnb ROI: 1.47%

Traditional ROI: 4.64%

9824 Iron Bridge Road

Roanoke, IN

3 beds | 3 baths | 2,336 sq.ft.

$464,900

Airbnb cash on cash: 0.39%

Traditional cash on cash: 4.76%

Airbnb Rental Income: $1416

Traditional Rental Income: $2890

Airbnb ROI: 0.39%

Traditional ROI: 4.76%

451 Rockwell Avenue

Roanoke, IN

3 beds | 2 baths | 1,491 sq.ft.

$374,900

Airbnb cash on cash: 0.51%

Traditional cash on cash: 3.27%

Airbnb Rental Income: $1416

Traditional Rental Income: $1961

Airbnb ROI: 0.51%