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
113 Paul Court Roanoke, IN Welcome home to this beautifully maintained 5-year-old ranch offering 3 bedrooms, 2 full b...	3 beds \| 2 baths \| 1,973 sq.ft.	$399,900	Airbnb cash on cash: -0.27% Traditional cash on cash: 4.52% Airbnb Rental Income: $1067 Traditional Rental Income: $2496 Airbnb ROI: -0.27% Traditional ROI: 4.52%
406 Gene Drive Roanoke, IN Move right into this well-maintained 4-year-old villa in desirable Roanoke! Offering 2 bed...	2 beds \| 2 baths \| 1,201 sq.ft.	$249,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.25% Airbnb Rental Income: $null Traditional Rental Income: $1906 Airbnb ROI: N/A Traditional ROI: 5.25%
415 Gene Drive Roanoke, IN Open House Sunday, July 12, 12-2pm! Built in 2023 2 Bedroom 2 full Bath Villa Ranch, new 4...	2 beds \| 2 baths \| 1,201 sq.ft.	$262,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.79% Airbnb Rental Income: $null Traditional Rental Income: $1884 Airbnb ROI: N/A Traditional ROI: 4.79%
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.	$349,900	Airbnb cash on cash: -0.9% Traditional cash on cash: 3.3% Airbnb Rental Income: $1067 Traditional Rental Income: $2078 Airbnb ROI: -0.9% Traditional ROI: 3.3%
13810 Lafayette Center Road Roanoke, IN This is your opportunity to own this well maintained all-brick ranch situated on 2.03 acre...	4 beds \| 3 baths \| 5,296 sq.ft.	$399,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.19% Airbnb Rental Income: $null Traditional Rental Income: $2911 Airbnb ROI: N/A Traditional ROI: 5.19%
11132 Carob Thorn Trail Roanoke, IN Welcome to this two-story home Southwest Allen County Schools. The open great room boasts ...	4 beds \| 3 baths \| 1,738 sq.ft.	$369,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.8% Airbnb Rental Income: $null Traditional Rental Income: $2417 Airbnb ROI: N/A Traditional ROI: 3.8%
602 Nancyk Crossing Roanoke, IN Nestled in the small town of Roanoke,In a much desired neighborhood. you'll find this amaz...	4 beds \| 4 baths \| 3,380 sq.ft.	$420,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.3% Airbnb Rental Income: $null Traditional Rental Income: $3709 Airbnb ROI: N/A Traditional ROI: 7.3%
5065 E 1200 N Roanoke, IN OPEN HOUSE SAT 10AM-12PM \| If you've been looking for a peaceful place to call home, you'l...	3 beds \| 2 baths \| 2,142 sq.ft.	$314,900	Airbnb cash on cash: 0.7% Traditional cash on cash: 4.28% Airbnb Rental Income: $1067 Traditional Rental Income: $1761 Airbnb ROI: 0.7% Traditional ROI: 4.28%
11214 Yalumba Pass Roanoke, IN NEW PRICE OPEN HOUSE- Saturday ( July 18) , 3 to 5 PM and Sunday (July 19), 2-4 PM Wi...	4 beds \| 3 baths \| 2,800 sq.ft.	$339,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.07% Airbnb Rental Income: $null Traditional Rental Income: $2936 Airbnb ROI: N/A Traditional ROI: 7.07%
621 Nancyk Crossing Roanoke, IN Welocme to the beautiful small town of Roanoke. New Price! Beautiful ranch home in Roanoke...	3 beds \| 3 baths \| 2,086 sq.ft.	$315,000	Airbnb cash on cash: 0.15% Traditional cash on cash: 6.04% Airbnb Rental Income: $1067 Traditional Rental Income: $2447 Airbnb ROI: 0.15% Traditional ROI: 6.04%
10926 Carob Thorn Trail Roanoke, IN Welcome to Cedar Grove The open great room boasts three large picture windows. The kitchen...	4 beds \| 3 baths \| 1,698 sq.ft.	$369,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.14% Airbnb Rental Income: $null Traditional Rental Income: $2436 Airbnb ROI: N/A Traditional ROI: 4.14%
14277 Aboite Road Roanoke, IN Stunning custom-built Windsor Home (2018) situated on 10 beautiful acres, offering the per...	3 beds \| 3 baths \| 2,278 sq.ft.	$824,900	Airbnb cash on cash: -1.01% Traditional cash on cash: 1.73% Airbnb Rental Income: $1067 Traditional Rental Income: $2805 Airbnb ROI: -1.01% Traditional ROI: 1.73%
14711 Brindle Crossing Roanoke, IN Picture a meticulously maintained one-owner home that radiates pride of ownership from the...	4 beds \| 6 baths \| 4,553 sq.ft.	$825,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.26% Airbnb Rental Income: $null Traditional Rental Income: $6888 Airbnb ROI: N/A Traditional ROI: 7.26%
11117 La Fortuna Way Roanoke, IN An amazing opportunity for a turnkey ranch home on a quiet cul-de-sac in SWAC! This 3 bedr...	3 beds \| 2 baths \| 1,534 sq.ft.	$249,900	Airbnb cash on cash: 0.06% Traditional cash on cash: 5.67% Airbnb Rental Income: $1067 Traditional Rental Income: $2025 Airbnb ROI: 0.06% Traditional ROI: 5.67%
4178 E 1100 N Roanoke, IN OPEN HOUSE SUNDAY, 7/12/26, FROM 1PM-3PM Rare opportunity to own this beautifully main...	4 beds \| 3 baths \| 3,792 sq.ft.	$599,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.35% Airbnb Rental Income: $null Traditional Rental Income: $2846 Airbnb ROI: N/A Traditional ROI: 3.35%
722 Waxwing Court Roanoke, IN Welcome to your dream home in the quaint town of Roanoke! This stunning 1.5-story Granite ...	3 beds \| 2 baths \| 1,776 sq.ft.	$424,900	Airbnb cash on cash: -0.49% Traditional cash on cash: 3.69% Airbnb Rental Income: $1067 Traditional Rental Income: $2361 Airbnb ROI: -0.49% Traditional ROI: 3.69%
10953 Hamish Way Roanoke, IN Welcome to 10953 Hamish Way in Roanoke, a thoughtfully designed single-story home in Sierr...	4 beds \| 2 baths \| 1,771 sq.ft.	$326,365	Airbnb cash on cash: N/A Traditional cash on cash: 5.63% Airbnb Rental Income: $null Traditional Rental Income: $2428 Airbnb ROI: N/A Traditional ROI: 5.63%
10917 Hamish Way Roanoke, IN Experience all that 10917 Hamish Way has to offer. This home offers quick access to southw...	3 beds \| 2 baths \| 1,498 sq.ft.	$320,415	Airbnb cash on cash: 0.03% Traditional cash on cash: 3.77% Airbnb Rental Income: $1067 Traditional Rental Income: $1828 Airbnb ROI: 0.03% Traditional ROI: 3.77%
14940 Feighner Road Roanoke, IN Country living with room to grow! This well-maintained ranch offers 1,580 sq. ft., 3 bedro...	3 beds \| 2 baths \| 1,580 sq.ft.	$399,000	Airbnb cash on cash: 0.04% Traditional cash on cash: 3.75% Airbnb Rental Income: $1067 Traditional Rental Income: $2089 Airbnb ROI: 0.04% Traditional ROI: 3.75%
11019 Barrymore Run Roanoke, IN Welcome to this beautifully updated home in the desirable Barrymore Run neighborhood, loca...	5 beds \| 5 baths \| 2,907 sq.ft.	$499,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.15% Airbnb Rental Income: $null Traditional Rental Income: $4241 Airbnb ROI: N/A Traditional ROI: 7.15%
10680 S 700 E-92 Roanoke, IN Nestled on 16 picturesque acres in a highly sought-after location, this exceptional equest...	4 beds \| 4 baths \| 4,071 sq.ft.	$1,599,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.4% Airbnb Rental Income: $null Traditional Rental Income: $1854 Airbnb ROI: N/A Traditional ROI: -0.4%
11301 Miramar Cove Roanoke, IN Start Showing Date: 7/16/2026 Stunning, Move-In Ready Home in Desirable Azbury Neighborhoo...	4 beds \| 4 baths \| 3,342 sq.ft.	$399,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.18% Airbnb Rental Income: $null Traditional Rental Income: $3446 Airbnb ROI: N/A Traditional ROI: 7.18%
4751 E 531 Drive Roanoke, IN OPEN HOUSE, SATURDAY, July 18TH, 1-3 PM Welcome to this spacious and family-friendly fiv...	5 beds \| 4 baths \| 3,600 sq.ft.	$479,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.71% Airbnb Rental Income: $null Traditional Rental Income: $3779 Airbnb ROI: N/A Traditional ROI: 6.71%
417 Gene Drive Roanoke, IN Beautiful villa featuring an upgraded front door with sidelite and custom hickory cabinetr...	2 beds \| 2 baths \| 1,465 sq.ft.	$279,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.97% Airbnb Rental Income: $null Traditional Rental Income: $2166 Airbnb ROI: N/A Traditional ROI: 5.97%
360 Hillside Avenue Roanoke, IN Move-in ready and full of value! This charming 3-bedroom, 2-bath ranch offers a bright, op...	3 beds \| 2 baths \| 1,208 sq.ft.	$279,999	Airbnb cash on cash: 0.91% Traditional cash on cash: 4.27% Airbnb Rental Income: $1067 Traditional Rental Income: $1586 Airbnb ROI: 0.91% Traditional ROI: 4.27%
765 Waxwing Court Roanoke, IN Welcome home to this nearly new one story gem in desirable Roanoke neighborhood! Built jus...	3 beds \| 2 baths \| 1,451 sq.ft.	$372,000	Airbnb cash on cash: -0.32% Traditional cash on cash: 2.88% Airbnb Rental Income: $1067 Traditional Rental Income: $1816 Airbnb ROI: -0.32% Traditional ROI: 2.88%
1054 N Seminary Street Roanoke, IN Welcome to your own peaceful piece of Roanoke, where small-town charm, mature trees, and q...	4 beds \| 2 baths \| 1,936 sq.ft.	$215,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.74% Airbnb Rental Income: $null Traditional Rental Income: $1625 Airbnb ROI: N/A Traditional ROI: 5.74%
10863 Hamish Way Roanoke, IN Discover 10863 Hamish Way, a beautiful two-story home in Sierra Ridge. This home sits on a...	4 beds \| 3 baths \| 2,346 sq.ft.	$354,055	Airbnb cash on cash: N/A Traditional cash on cash: 6.34% Airbnb Rental Income: $null Traditional Rental Income: $2846 Airbnb ROI: N/A Traditional ROI: 6.34%
10899 Hamish Way Roanoke, IN Check out 10899 Hamish Way in Sierra Ridge, a beautifully crafted new home with 4 bedrooms...	4 beds \| 3 baths \| 2,053 sq.ft.	$324,780	Airbnb cash on cash: N/A Traditional cash on cash: 5.31% Airbnb Rental Income: $null Traditional Rental Income: $2318 Airbnb ROI: N/A Traditional ROI: 5.31%
16797 Zubrick Road Roanoke, IN $40K Price Improvement! Move-In Ready on 8.3 acres! Custom Home built in 2023 by R.W. Robr...	3 beds \| 2 baths \| 2,500 sq.ft.	$955,000	Airbnb cash on cash: -1.72% Traditional cash on cash: 0.56% Airbnb Rental Income: $1067 Traditional Rental Income: $2726 Airbnb ROI: -1.72% Traditional ROI: 0.56%
8384 N Roanoke Road Roanoke, IN Do not miss your chance to own a meticulously maintained one owner home on 23+ acres where...	3 beds \| 5 baths \| 4,786 sq.ft.	$986,900	Airbnb cash on cash: -1.03% Traditional cash on cash: 2.8% Airbnb Rental Income: $1067 Traditional Rental Income: $4215 Airbnb ROI: -1.03% Traditional ROI: 2.8%
2661 E 1000 N Roanoke, IN Welcome to 2661 E 1000 N in Roanoke-where modern updates meet the ease of country living o...	4 beds \| 3 baths \| 2,456 sq.ft.	$615,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.22% Airbnb Rental Income: $null Traditional Rental Income: $2844 Airbnb ROI: N/A Traditional ROI: 3.22%
12063 Lower Huntington Road Roanoke, IN Welcome to your private retreat at 12063 Lower Huntington Rd in Roanoke-where space, quali...	4 beds \| 4 baths \| 3,734 sq.ft.	$699,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.67% Airbnb Rental Income: $null Traditional Rental Income: $3705 Airbnb ROI: N/A Traditional ROI: 3.67%
7384 E Lakewood Dr 92 Roanoke, IN Welcome to your private retreat in the desirable Lakewood subdivision just outside of Roan...	4 beds \| 5 baths \| 6,378 sq.ft.	$800,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.03% Airbnb Rental Income: $null Traditional Rental Income: $5161 Airbnb ROI: N/A Traditional ROI: 5.03%
10909 Calera Passage Roanoke, IN Customized, extremely well maintained 1 owner ranch home with 4 season rm overlooking priv...	3 beds \| 2 baths \| 1,535 sq.ft.	$295,000	Airbnb cash on cash: 0.48% Traditional cash on cash: 5.43% Airbnb Rental Income: $1067 Traditional Rental Income: $2075 Airbnb ROI: 0.48% Traditional ROI: 5.43%
11114 Barletta Cove Roanoke, IN Luxury, quality, and thoughtful design come together in this custom Bob Buescher-built hom...	4 beds \| 4 baths \| 3,923 sq.ft.	$574,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.77% Airbnb Rental Income: $null Traditional Rental Income: $3665 Airbnb ROI: N/A Traditional ROI: 4.77%
3533 E SR 114 Roanoke, IN At the end of a long winding drive, tucked deep within 7.5 peaceful acres, sits a home unl...	5 beds \| 4 baths \| 4,112 sq.ft.	$849,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.24% Airbnb Rental Income: $null Traditional Rental Income: $3805 Airbnb ROI: N/A Traditional ROI: 3.24%
434 Nordyke Drive Roanoke, IN Accepting back up offers Welcome home to this beautifully maintained ranch in desirable ...	3 beds \| 4 baths \| 2,008 sq.ft.	$324,900	Airbnb cash on cash: 0.08% Traditional cash on cash: 6.44% Airbnb Rental Income: $1067 Traditional Rental Income: $2641 Airbnb ROI: 0.08% Traditional ROI: 6.44%
11778 N Roanoke Road Roanoke, IN Meticulously updated and energy-efficient, this 1900 sq ft 3-bedroom ranch sits on over an...	3 beds \| 3 baths \| 1,900 sq.ft.	$324,900	Airbnb cash on cash: 0.56% Traditional cash on cash: 6.02% Airbnb Rental Income: $1067 Traditional Rental Income: $2370 Airbnb ROI: 0.56% Traditional ROI: 6.02%

Real Estate investment in Roanoke, IN

There are 41 properties for sale in the city of Roanoke . The median list price in Roanoke is $251,849 and the average price per square foot is $112. In July 2026, the average monthly cash on cash return in Roanoke is 5.00%. The average monthly rental income in Roanoke is $2,442.

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

There are 41 investment properties available for sale in Roanoke.

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

The ROI for Short-Term is higher than the Long-Term in Roanoke with average rental income of $1,067.

Your search for investment property begins and ends here

Investment Property for Sale in Roanoke, IN

113 Paul Court

Roanoke, IN

3 beds | 2 baths | 1,973 sq.ft.

$399,900

Airbnb cash on cash: -0.27%

Traditional cash on cash: 4.52%

Airbnb Rental Income: $1067

Traditional Rental Income: $2496

Airbnb ROI: -0.27%

Traditional ROI: 4.52%

406 Gene Drive

Roanoke, IN

2 beds | 2 baths | 1,201 sq.ft.

$249,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.25%

Airbnb Rental Income: $null

Traditional Rental Income: $1906

Airbnb ROI: N/A

Traditional ROI: 5.25%

415 Gene Drive

Roanoke, IN

2 beds | 2 baths | 1,201 sq.ft.

$262,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.79%

Airbnb Rental Income: $null

Traditional Rental Income: $1884

Airbnb ROI: N/A

Traditional ROI: 4.79%

10937 Carob Thorn Trail

Roanoke, IN

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

$349,900

Airbnb cash on cash: -0.9%

Traditional cash on cash: 3.3%

Airbnb Rental Income: $1067

Traditional Rental Income: $2078

Airbnb ROI: -0.9%

Traditional ROI: 3.3%

13810 Lafayette Center Road

Roanoke, IN

4 beds | 3 baths | 5,296 sq.ft.

$399,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.19%

Airbnb Rental Income: $null

Traditional Rental Income: $2911

Airbnb ROI: N/A

Traditional ROI: 5.19%

11132 Carob Thorn Trail

Roanoke, IN

4 beds | 3 baths | 1,738 sq.ft.

$369,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.8%

Airbnb Rental Income: $null

Traditional Rental Income: $2417

Airbnb ROI: N/A

Traditional ROI: 3.8%

602 Nancyk Crossing

Roanoke, IN

4 beds | 4 baths | 3,380 sq.ft.

$420,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.3%

Airbnb Rental Income: $null

Traditional Rental Income: $3709

Airbnb ROI: N/A

Traditional ROI: 7.3%

5065 E 1200 N

Roanoke, IN

3 beds | 2 baths | 2,142 sq.ft.

$314,900

Airbnb cash on cash: 0.7%

Traditional cash on cash: 4.28%

Airbnb Rental Income: $1067

Traditional Rental Income: $1761

Airbnb ROI: 0.7%