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
415 Gene Drive Roanoke, IN Start Showing Date: 4/23/2026 2 Bedroom 2 Bath Villa Ranch Home- with a fenced in backyard...	2 beds \| 2 baths \| 1,201 sq.ft.	$265,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.84% Airbnb Rental Income: $null Traditional Rental Income: $1884 Airbnb ROI: N/A Traditional ROI: 4.84%
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: -0.6% Traditional cash on cash: 3.3% Airbnb Rental Income: $1184 Traditional Rental Income: $2078 Airbnb ROI: -0.6% Traditional ROI: 3.3%
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: 3.81% Airbnb Rental Income: $null Traditional Rental Income: $2417 Airbnb ROI: N/A Traditional ROI: 3.81%
602 Nancyk Crossing Roanoke, IN OPEN HOUSE 3/22/26 1-3 pm Full Walk out basement! This beautiful family home is located ...	4 beds \| 4 baths \| 3,380 sq.ft.	$440,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.99% Airbnb Rental Income: $null Traditional Rental Income: $3709 Airbnb ROI: N/A Traditional ROI: 6.99%
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%
548 Frederick Crossing Roanoke, IN This beautiful ranch home is perfectly situated on a quiet cul-de-sac in the heart of Roan...	3 beds \| 3 baths \| 2,981 sq.ft.	$349,900	Airbnb cash on cash: -1.11% Traditional cash on cash: 4.8% Airbnb Rental Income: $1184 Traditional Rental Income: $2740 Airbnb ROI: -1.11% Traditional ROI: 4.8%
775 N Seminary St Roanoke, IN 775 N Seminary St, Roanoke, IN 46783 \| Other	N/A beds \| N/A baths \| N/A	$94,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.98% Airbnb Rental Income: $null Traditional Rental Income: $446 Airbnb ROI: N/A Traditional ROI: 1.98%
TBD Kilsoquah Ct #1 Roanoke, IN TBD Kilsoquah Ct #1, Roanoke, IN 46783 \| Other	N/A beds \| N/A baths \| N/A	$55,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.09% Airbnb Rental Income: $null Traditional Rental Income: $450 Airbnb ROI: N/A Traditional ROI: 2.09%
Chatham Plan Roanoke, IN Chatham Plan, Roanoke, IN 46783 \| Single Family Residential	4 beds \| 2 baths \| 1,771 sq.ft.	$281,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.14% Airbnb Rental Income: $null Traditional Rental Income: $1683 Airbnb ROI: N/A Traditional ROI: 4.14%
Freeport Plan Roanoke, IN Freeport Plan, Roanoke, IN 46783 \| Single Family Residential	3 beds \| 2 baths \| 1,501 sq.ft.	$262,900	Airbnb cash on cash: 1% Traditional cash on cash: 4% Airbnb Rental Income: $1184 Traditional Rental Income: $1543 Airbnb ROI: 1% Traditional ROI: 4%
Henley Plan Roanoke, IN Henley Plan, Roanoke, IN 46783 \| Single Family Residential	5 beds \| 3 baths \| 2,600 sq.ft.	$316,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.55% Airbnb Rental Income: $null Traditional Rental Income: $2296 Airbnb ROI: N/A Traditional ROI: 5.55%
Stamford Plan Roanoke, IN Stamford Plan, Roanoke, IN 46783 \| Single Family Residential	4 beds \| 2 baths \| 2,346 sq.ft.	$304,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.51% Airbnb Rental Income: $null Traditional Rental Income: $1916 Airbnb ROI: N/A Traditional ROI: 4.51%
Bellamy Plan Roanoke, IN Bellamy Plan, Roanoke, IN 46783 \| Single Family Residential	4 beds \| 2 baths \| 2,053 sq.ft.	$290,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.6% Airbnb Rental Income: $null Traditional Rental Income: $1857 Airbnb ROI: N/A Traditional ROI: 4.6%
13011 Hamilton Rd Roanoke, IN 13011 Hamilton Rd, Roanoke, IN 46783 \| Other	N/A beds \| N/A baths \| N/A	$1,104,000	Airbnb cash on cash: N/A Traditional cash on cash: -1.5% Airbnb Rental Income: $null Traditional Rental Income: $446 Airbnb ROI: N/A Traditional ROI: -1.5%
00 W Yoder Rd Roanoke, IN 00 W Yoder Rd, Roanoke, IN 46783 \| Other	N/A beds \| N/A baths \| N/A	$249,900	Airbnb cash on cash: N/A Traditional cash on cash: -0.02% Airbnb Rental Income: $null Traditional Rental Income: $524 Airbnb ROI: N/A Traditional ROI: -0.02%
621 Nancyk Crossing Roanoke, IN OPEN HOUSE 3/22/26 1-3 pm Beautiful ranch home in Roanoke village,This home boosts lots ...	3 beds \| 3 baths \| 2,086 sq.ft.	$349,900	Airbnb cash on cash: 0.39% Traditional cash on cash: 5.4% Airbnb Rental Income: $1184 Traditional Rental Income: $2447 Airbnb ROI: 0.39% Traditional ROI: 5.4%
Johnstown Plan Roanoke, IN Johnstown Plan, Roanoke, IN 46783 \| Single Family Residential	5 beds \| 3 baths \| 3,062 sq.ft.	$356,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.48% Airbnb Rental Income: $null Traditional Rental Income: $2548 Airbnb ROI: N/A Traditional ROI: 5.48%
Cortland Plan Roanoke, IN Cortland Plan, Roanoke, IN 46783 \| Single Family Residential	4 beds \| 3 baths \| 2,278 sq.ft.	$326,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.14% Airbnb Rental Income: $null Traditional Rental Income: $2239 Airbnb ROI: N/A Traditional ROI: 5.14%
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%
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%
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.	$849,900	Airbnb cash on cash: -0.89% Traditional cash on cash: 1.65% Airbnb Rental Income: $1184 Traditional Rental Income: $2805 Airbnb ROI: -0.89% Traditional ROI: 1.65%
548 Frederick Xing Roanoke, IN 548 Frederick Xing, Roanoke, IN 46783 \| Single Family Residential	3 beds \| 2 baths \| 2,981 sq.ft.	$349,900	Airbnb cash on cash: 0.28% Traditional cash on cash: 4.05% Airbnb Rental Income: $1184 Traditional Rental Income: $2035 Airbnb ROI: 0.28% Traditional ROI: 4.05%
548 Frederick Xing Roanoke, IN 548 Frederick Xing, Roanoke, IN 46783 \| Single Family Residential	3 beds \| 2 baths \| 2,981 sq.ft.	$349,900	Airbnb cash on cash: 0.28% Traditional cash on cash: 4.05% Airbnb Rental Income: $1184 Traditional Rental Income: $2035 Airbnb ROI: 0.28% Traditional ROI: 4.05%
10899 Hamish Way Roanoke, IN 10899 Hamish Way, Roanoke, IN 46783 \| Single Family Residential	4 beds \| 2 baths \| 2,053 sq.ft.	$324,780	Airbnb cash on cash: N/A Traditional cash on cash: 5.44% Airbnb Rental Income: $null Traditional Rental Income: $2318 Airbnb ROI: N/A Traditional ROI: 5.44%
9680 N 220 E Road Rd Roanoke, IN 9680 N 220 E Road Rd, Roanoke, IN 46783 \| Single Family Residential	6 beds \| 3 baths \| 4,677 sq.ft.	$1,650,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.12% Airbnb Rental Income: $null Traditional Rental Income: $2738 Airbnb ROI: N/A Traditional ROI: -0.12%
12757 S West County Line Road Roanoke, IN Crafted with intention and built to stand apart, this 2021 custom-built, 5 bedroom home by...	5 beds \| 3 baths \| 2,471 sq.ft.	$699,999	Airbnb cash on cash: N/A Traditional cash on cash: 2.82% Airbnb Rental Income: $null Traditional Rental Income: $3078 Airbnb ROI: N/A Traditional ROI: 2.82%
183 W Vine Street Roanoke, IN NEW PRICE! Embrace all of the small-town charm of Roanoke while being minutes to all of th...	4 beds \| 2 baths \| 1,681 sq.ft.	$209,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.84% Airbnb Rental Income: $null Traditional Rental Income: $2129 Airbnb ROI: N/A Traditional ROI: 7.84%
11176 Prairie Rose Pass Roanoke, IN Located in the desirable Prairie Meadows subdivision, this spacious four-bedroom home feat...	4 beds \| 3 baths \| 2,461 sq.ft.	$470,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.54% Airbnb Rental Income: $null Traditional Rental Income: $2878 Airbnb ROI: N/A Traditional ROI: 4.54%
11305 Nightingale Cove Roanoke, IN Welcome home to this well-kept open-concept ranch in the charming town of Roanoke located ...	3 beds \| 2 baths \| 1,618 sq.ft.	$328,900	Airbnb cash on cash: 0.44% Traditional cash on cash: 4.76% Airbnb Rental Income: $1184 Traditional Rental Income: $2133 Airbnb ROI: 0.44% Traditional ROI: 4.76%
11221 Prairie Rose Pass Roanoke, IN Beautifully maintained ranch in desirable Southwest Allen County! This 3-bedroom, 2.5-bath...	3 beds \| 3 baths \| 2,119 sq.ft.	$390,000	Airbnb cash on cash: 0.17% Traditional cash on cash: 5.15% Airbnb Rental Income: $1184 Traditional Rental Income: $2617 Airbnb ROI: 0.17% Traditional ROI: 5.15%
11223 Wirra Wirra Hill Roanoke, IN Beautifully updated two-story home offering 4 bedrooms and 2.5 baths in the highly desirab...	4 beds \| 3 baths \| 2,568 sq.ft.	$369,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.89% Airbnb Rental Income: $null Traditional Rental Income: $2727 Airbnb ROI: N/A Traditional ROI: 5.89%
7415 Witling Boulevard Roanoke, IN OPEN HOUSE SUNDAY MARCH 29TH 2-4 This home truly has it allâspace, updates, and exceptio...	5 beds \| 4 baths \| 3,395 sq.ft.	$525,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.76% Airbnb Rental Income: $null Traditional Rental Income: $3340 Airbnb ROI: N/A Traditional ROI: 4.76%
451 Rockwell Avenue Roanoke, IN OPEN HOUSE THIS SATURDAY 11AM-1PM. PERFECT TIME TO SEE THIS GEM!! Price drop and new carp...	3 beds \| 2 baths \| 1,491 sq.ft.	$357,900	Airbnb cash on cash: 0% Traditional cash on cash: 3.46% Airbnb Rental Income: $1184 Traditional Rental Income: $1961 Airbnb ROI: 0% Traditional ROI: 3.46%
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.	$359,900	Airbnb cash on cash: 0.93% Traditional cash on cash: 4.81% Airbnb Rental Income: $1184 Traditional Rental Income: $2108 Airbnb ROI: 0.93% Traditional ROI: 4.81%
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.	$2,499,999	Airbnb cash on cash: N/A Traditional cash on cash: 1.78% Airbnb Rental Income: $null Traditional Rental Income: $7407 Airbnb ROI: N/A Traditional ROI: 1.78%
10883 Barrymore Run Roanoke, IN Welcome home to this beautifully designed ranch in Azbury Park, where modern style meets e...	3 beds \| 3 baths \| 1,967 sq.ft.	$375,000	Airbnb cash on cash: -0.07% Traditional cash on cash: 5.77% Airbnb Rental Income: $1184 Traditional Rental Income: $2852 Airbnb ROI: -0.07% Traditional ROI: 5.77%
10827 Hamish Way Roanoke, IN Welcome to 10827 Hamish Way in Roanoke, IN, a spacious two-story home in the heart of Sier...	5 beds \| 3 baths \| 2,600 sq.ft.	$346,390	Airbnb cash on cash: N/A Traditional cash on cash: 6.71% Airbnb Rental Income: $null Traditional Rental Income: $2918 Airbnb ROI: N/A Traditional ROI: 6.71%
10845 Hamish Way Roanoke, IN Welcome to 10845 Hamish Way in Roanoke, IN, a stunning new home in Sierra Ridge. This sing...	4 beds \| 2 baths \| 1,771 sq.ft.	$329,765	Airbnb cash on cash: N/A Traditional cash on cash: 5.29% Airbnb Rental Income: $null Traditional Rental Income: $2346 Airbnb ROI: N/A Traditional ROI: 5.29%
11025 Calera Passage Roanoke, IN Newer 3BR / 2BA ranch in SW Allen Schools. This 1 owner home has been well maintained and ...	3 beds \| 2 baths \| 1,299 sq.ft.	$260,000	Airbnb cash on cash: 1.45% Traditional cash on cash: 5.59% Airbnb Rental Income: $1184 Traditional Rental Income: $1815 Airbnb ROI: 1.45% Traditional ROI: 5.59%
10881 Hamish Way Roanoke, IN Welcome to 10881 Hamish Way in Roanoke, IN, a stunning new home in our Sierra Ridge neighb...	4 beds \| 2 baths \| 1,771 sq.ft.	$323,365	Airbnb cash on cash: N/A Traditional cash on cash: 5.43% Airbnb Rental Income: $null Traditional Rental Income: $2346 Airbnb ROI: N/A Traditional ROI: 5.43%

Real Estate investment in Roanoke, IN

There are 41 properties for sale in the city of Roanoke . The median list price in Roanoke is $325,000 and the average price per square foot is $147. In April 2026, the average monthly cash on cash return in Roanoke is 5.00%. The average monthly rental income in Roanoke is $2,318.

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 $1,184.

Your search for investment property begins and ends here

Investment Property for Sale in Roanoke, IN

415 Gene Drive

Roanoke, IN

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

$265,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.84%

Airbnb Rental Income: $null

Traditional Rental Income: $1884

Airbnb ROI: N/A

Traditional ROI: 4.84%

10937 Carob Thorn Trail

Roanoke, IN

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

$349,900

Airbnb cash on cash: -0.6%

Traditional cash on cash: 3.3%

Airbnb Rental Income: $1184

Traditional Rental Income: $2078

Airbnb ROI: -0.6%

Traditional ROI: 3.3%

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: 3.81%

Airbnb Rental Income: $null

Traditional Rental Income: $2417

Airbnb ROI: N/A

Traditional ROI: 3.81%

602 Nancyk Crossing

Roanoke, IN

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

$440,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.99%

Airbnb Rental Income: $null

Traditional Rental Income: $3709

Airbnb ROI: N/A

Traditional ROI: 6.99%

4565 E Station Road Road

Roanoke, IN

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%

548 Frederick Crossing

Roanoke, IN

3 beds | 3 baths | 2,981 sq.ft.

$349,900

Airbnb cash on cash: -1.11%

Traditional cash on cash: 4.8%

Airbnb Rental Income: $1184

Traditional Rental Income: $2740

Airbnb ROI: -1.11%

Traditional ROI: 4.8%

775 N Seminary St

Roanoke, IN

N/A beds | N/A baths | N/A

$94,900

Airbnb cash on cash: N/A

Traditional cash on cash: 1.98%

Airbnb Rental Income: $null

Traditional Rental Income: $446

Airbnb ROI: N/A

Traditional ROI: 1.98%

TBD Kilsoquah Ct #1

Roanoke, IN

N/A beds | N/A baths | N/A

$55,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.09%

Airbnb Rental Income: $null

Traditional Rental Income: $450

Airbnb ROI: N/A