Real Estate Investments for Sale in Shelbyville, IN With High ROI

Are you looking for a vacation rental in Shelbyville, IN? Look no further! We have a wide variety of vacation available for sale, including beachfront condos, mountain single-family homes, townhouses, vacation homes and everything in between.

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
2309 Eagle Brook Drive Shelbyville, IN This stunning 3 bedroom, 2 bath home is a gem you don't want to miss out on! This well-mai...	3 beds \| 2 baths \| 1,257 sq.ft.	$240,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.95% Airbnb Rental Income: $null Traditional Rental Income: $1357 Airbnb ROI: N/A Traditional ROI: 3.95%
333 Roosevelt Drive Shelbyville, IN Nice 2 bedroom home with new windows and some new exterior doors. 12x12 bonus room that le...	2 beds \| 1 baths \| 1,248 sq.ft.	$175,000	Airbnb cash on cash: 5.83% Traditional cash on cash: 4.89% Airbnb Rental Income: $1764 Traditional Rental Income: $1125 Airbnb ROI: 5.83% Traditional ROI: 4.89%
844 W Franklin Street Shelbyville, IN Wonderfully priced 3 bedroom property. Currently is an investment property at $1200/mo and...	3 beds \| 1 baths \| N/A	$119,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.67% Airbnb Rental Income: $null Traditional Rental Income: $1039 Airbnb ROI: N/A Traditional ROI: 4.67%
1415 Honeysuckle Drive Shelbyville, IN New Construction by D.R. Horton! Welcome to the Bristol in Summerfield. This flexible 2-st...	4 beds \| 3 baths \| 2,287 sq.ft.	$325,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.76% Airbnb Rental Income: $null Traditional Rental Income: $1843 Airbnb ROI: N/A Traditional ROI: 3.76%
617 W Franklin Street W Shelbyville, IN CASH COW! CALLING ALL INVESTORS! This converted 5 unit money maker is now up for sale! Sev...	N/A beds \| N/A baths \| N/A	$274,900	Airbnb cash on cash: N/A Traditional cash on cash: 0.36% Airbnb Rental Income: $null Traditional Rental Income: $702 Airbnb ROI: N/A Traditional ROI: 0.36%
225 W Pennsylvania Street Shelbyville, IN Makeup: A 2 BR, 1BR, and Studio at $750, $745, and $500. Invest in a Lucrative Triplex Gen...	N/A beds \| N/A baths \| N/A	$219,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.47% Airbnb Rental Income: $null Traditional Rental Income: $794 Airbnb ROI: N/A Traditional ROI: 1.47%
1370 Delacorte Circle Shelbyville, IN Welcome home! This 3 bedroom, 2.5 bathroom newly built home is ready for you to move in. F...	3 beds \| 3 baths \| 1,666 sq.ft.	$240,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.48% Airbnb Rental Income: $null Traditional Rental Income: $1560 Airbnb ROI: N/A Traditional ROI: 4.48%
905 E Washington Street Shelbyville, IN This property for sale offers a natural color palette and fresh interior paint, making it ...	3 beds \| 2 baths \| 1,140 sq.ft.	$172,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.51% Airbnb Rental Income: $null Traditional Rental Income: $1790 Airbnb ROI: N/A Traditional ROI: 8.51%
21 W Pennsylvania Street Shelbyville, IN Don't miss out on this wonderfully maintained and upgraded 5 bedroom 2 full bath, complete...	5 beds \| 2 baths \| 2,577 sq.ft.	$265,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.8% Airbnb Rental Income: $null Traditional Rental Income: $2003 Airbnb ROI: N/A Traditional ROI: 5.8%
1375 Honeysuckle Drive Shelbyville, IN Brand New Quick Move-In by D.R. Horton! Welcome to the Henley in Summerfield. This two-sto...	5 beds \| 3 baths \| 2,600 sq.ft.	$323,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.37% Airbnb Rental Income: $null Traditional Rental Income: $2322 Airbnb ROI: N/A Traditional ROI: 5.37%
562 N Knightstown Road Shelbyville, IN Welcome to this charming home with a cozy fireplace, complemented by a soothing natural co...	3 beds \| 1 baths \| 1,619 sq.ft.	$253,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.59% Airbnb Rental Income: $null Traditional Rental Income: $1153 Airbnb ROI: N/A Traditional ROI: 2.59%
1313 Aaron Drive #DD 2 Shelbyville, IN Experience maintenance free living in this 3 bedroom, 2 full bath condo on the SW side of ...	3 beds \| 2 baths \| 1,498 sq.ft.	$225,900	Airbnb cash on cash: N/A Traditional cash on cash: 3% Airbnb Rental Income: $null Traditional Rental Income: $1329 Airbnb ROI: N/A Traditional ROI: 3%
550 E McKay Road Shelbyville, IN This incredible home is now available. Gorgeous hardwood floors throughout. Great location...	3 beds \| 3 baths \| 3,588 sq.ft.	$289,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.58% Airbnb Rental Income: $null Traditional Rental Income: $1569 Airbnb ROI: N/A Traditional ROI: 3.58%
821 Blanchard Street Shelbyville, IN You will find this bungalow on a nice and quiet street. 3 bedrooms, 1 bath home has new HV...	3 beds \| 1 baths \| 1,084 sq.ft.	$150,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.24% Airbnb Rental Income: $null Traditional Rental Income: $1109 Airbnb ROI: N/A Traditional ROI: 5.24%
532 W Washington Street Shelbyville, IN Great investment opportunity or first time home buyer setup! This is near Shelbyville's We...	3 beds \| 1 baths \| 1,340 sq.ft.	$109,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.8% Airbnb Rental Income: $null Traditional Rental Income: $1086 Airbnb ROI: N/A Traditional ROI: 6.8%
757 W Third Street W Shelbyville, IN Prime duplex investment opportunity! Dual units offer $1750 monthly rent & nearly $15,000 ...	N/A beds \| N/A baths \| N/A	$189,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.68% Airbnb Rental Income: $null Traditional Rental Income: $707 Airbnb ROI: N/A Traditional ROI: 1.68%
433 Lockerbie Road Shelbyville, IN This beautiful Bedford Stone Ranch is now available. Spacious yard, lots of storage space ...	3 beds \| 3 baths \| 1,514 sq.ft.	$249,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.04% Airbnb Rental Income: $null Traditional Rental Income: $1481 Airbnb ROI: N/A Traditional ROI: 4.04%
3056 W 200 N Shelbyville, IN Don't miss this ADORABLE BRICK RANCH HOME in the COUNTRY sitting on a quiet .79 acres in n...	2 beds \| 2 baths \| 1,725 sq.ft.	$260,000	Airbnb cash on cash: 3% Traditional cash on cash: 3.66% Airbnb Rental Income: $1764 Traditional Rental Income: $1443 Airbnb ROI: 3% Traditional ROI: 3.66%

Real Estate investment in Shelbyville, IN

There are 18 properties for sale in the city of Shelbyville . The median list price in Shelbyville is $232,950 and the average price per square foot is $135. In April 2024, the average monthly cash on cash return in Shelbyville is 4.00%. The average monthly rental income in Shelbyville is $1,241.

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

There are 18 investment properties available for sale in Shelbyville.

In 2024, the best neighborhood to buy investment property is Shelbyville.

The ROI for Short-Term is higher than the Long-Term in Shelbyville with average rental income of $1,764.

Your search for investment property begins and ends here

Investment Property for Sale in Shelbyville, IN

2309 Eagle Brook Drive

Shelbyville, IN

3 beds | 2 baths | 1,257 sq.ft.

$240,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.95%

Airbnb Rental Income: $null

Traditional Rental Income: $1357

Airbnb ROI: N/A

Traditional ROI: 3.95%

333 Roosevelt Drive

Shelbyville, IN

2 beds | 1 baths | 1,248 sq.ft.

$175,000

Airbnb cash on cash: 5.83%

Traditional cash on cash: 4.89%

Airbnb Rental Income: $1764

Traditional Rental Income: $1125

Airbnb ROI: 5.83%

Traditional ROI: 4.89%

844 W Franklin Street

Shelbyville, IN

3 beds | 1 baths | N/A

$119,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.67%

Airbnb Rental Income: $null

Traditional Rental Income: $1039

Airbnb ROI: N/A

Traditional ROI: 4.67%

1415 Honeysuckle Drive

Shelbyville, IN

4 beds | 3 baths | 2,287 sq.ft.

$325,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.76%

Airbnb Rental Income: $null

Traditional Rental Income: $1843

Airbnb ROI: N/A

Traditional ROI: 3.76%

617 W Franklin Street W

Shelbyville, IN

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

$274,900

Airbnb cash on cash: N/A

Traditional cash on cash: 0.36%

Airbnb Rental Income: $null

Traditional Rental Income: $702

Airbnb ROI: N/A

Traditional ROI: 0.36%

225 W Pennsylvania Street

Shelbyville, IN

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

$219,900

Airbnb cash on cash: N/A

Traditional cash on cash: 1.47%

Airbnb Rental Income: $null

Traditional Rental Income: $794

Airbnb ROI: N/A

Traditional ROI: 1.47%

1370 Delacorte Circle

Shelbyville, IN

3 beds | 3 baths | 1,666 sq.ft.

$240,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.48%

Airbnb Rental Income: $null

Traditional Rental Income: $1560

Airbnb ROI: N/A

Traditional ROI: 4.48%

905 E Washington Street

Shelbyville, IN

3 beds | 2 baths | 1,140 sq.ft.

$172,000

Airbnb cash on cash: N/A

Traditional cash on cash: 8.51%

Airbnb Rental Income: $null

Traditional Rental Income: $1790

Airbnb ROI: N/A