Real Estate Investment Properties for Sale in Shipshewana, IN

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
3950 N 760 West Shipshewana, IN This well maintained 3 bedroom 2 bath home sets on 3 beautiful partially wooded acres in t...	3 beds \| 2 baths \| 1,904 sq.ft.	$739,000	Airbnb cash on cash: -0.19% Traditional cash on cash: 2.28% Airbnb Rental Income: $1220 Traditional Rental Income: $2531 Airbnb ROI: -0.19% Traditional ROI: 2.28%
215 S Easterday Drive Shipshewana, IN OPEN HOUSE THURSDAY 3/26 5-7PM STEPS AWAY FROM WANA-CUP RESTAURANT *Seller encourages b...	3 beds \| 2 baths \| 2,346 sq.ft.	$399,900	Airbnb cash on cash: 0.46% Traditional cash on cash: 5.35% Airbnb Rental Income: $1220 Traditional Rental Income: $2661 Airbnb ROI: 0.46% Traditional ROI: 5.35%
8600 W 250 North Shipshewana, IN AUCTION! Check out this beautiful, updated property located just outside of Shipshewana on...	4 beds \| 4 baths \| 3,712 sq.ft.	$835,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.29% Airbnb Rental Income: $null Traditional Rental Income: $3700 Airbnb ROI: N/A Traditional ROI: 3.29%
3670 W 400 N Shipshewana, IN Due to MULTIPLE OFFERS, we are asking for highest and best by Saturday April 18 by 9 pm. S...	3 beds \| 3 baths \| 3,536 sq.ft.	$449,000	Airbnb cash on cash: 0.44% Traditional cash on cash: 6.21% Airbnb Rental Income: $1220 Traditional Rental Income: $3254 Airbnb ROI: 0.44% Traditional ROI: 6.21%
4845 N 300 W Shipshewana, IN Amazing Lakefront Home for sale on Pigeon Lake in Shipshewana Indiana. This peaceful lake...	4 beds \| 3 baths \| 2,120 sq.ft.	$399,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.22% Airbnb Rental Income: $null Traditional Rental Income: $3241 Airbnb ROI: N/A Traditional ROI: 7.22%
9780 W SR 120 Shipshewana, IN PHONE BID AUCTION ending May 21 at 4pm. OPEN HOUSES April 30, May 7 & 14 from 2-4pm. Updat...	2 beds \| 2 baths \| 2,126 sq.ft.	$295,000	Airbnb cash on cash: 0.22% Traditional cash on cash: 6.41% Airbnb Rental Income: $889 Traditional Rental Income: $2272 Airbnb ROI: 0.22% Traditional ROI: 6.41%
7290 W 350 N Shipshewana, IN Auction! The price listed is the starting bid, not the buy it now price. Check out this cl...	5 beds \| 3 baths \| 3,735 sq.ft.	$525,000	Airbnb cash on cash: 0.64% Traditional cash on cash: 5.83% Airbnb Rental Income: $1519 Traditional Rental Income: $3626 Airbnb ROI: 0.64% Traditional ROI: 5.83%
6780 W 700 N Shipshewana, IN Charming 3-bedroom home nestled in the peaceful rural setting of Shipshewana! This well-ma...	3 beds \| 1 baths \| 1,800 sq.ft.	$199,900	Airbnb cash on cash: 2.29% Traditional cash on cash: 7.9% Airbnb Rental Income: $1220 Traditional Rental Income: $1893 Airbnb ROI: 2.29% Traditional ROI: 7.9%
3440 N 920 W Shipshewana, IN Opportunity awaits on Shipshewana Lake! This one bedroom, one bathroom lake property offer...	1 beds \| 1 baths \| 720 sq.ft.	$139,900	Airbnb cash on cash: 1.7% Traditional cash on cash: 8.16% Airbnb Rental Income: $850 Traditional Rental Income: $1386 Airbnb ROI: 1.7% Traditional ROI: 8.16%

Real Estate investment in Shipshewana, IN

There are 9 properties for sale in the city of Shipshewana . The median list price in Shipshewana is $399,900 and the average price per square foot is $164. In April 2026, the average monthly cash on cash return in Shipshewana is 6.00%. The average monthly rental income in Shipshewana is $2,951.

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

There are 9 investment properties available for sale in Shipshewana.

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

The ROI for Short-Term is higher than the Long-Term in Shipshewana with average rental income of $1,220.

Your search for investment property begins and ends here

Investment Property for Sale in Shipshewana, IN

3950 N 760 West

Shipshewana, IN

3 beds | 2 baths | 1,904 sq.ft.

$739,000

Airbnb cash on cash: -0.19%

Traditional cash on cash: 2.28%

Airbnb Rental Income: $1220

Traditional Rental Income: $2531

Airbnb ROI: -0.19%

Traditional ROI: 2.28%

215 S Easterday Drive

Shipshewana, IN

3 beds | 2 baths | 2,346 sq.ft.

$399,900

Airbnb cash on cash: 0.46%

Traditional cash on cash: 5.35%

Airbnb Rental Income: $1220

Traditional Rental Income: $2661

Airbnb ROI: 0.46%

Traditional ROI: 5.35%

8600 W 250 North

Shipshewana, IN

4 beds | 4 baths | 3,712 sq.ft.

$835,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.29%

Airbnb Rental Income: $null

Traditional Rental Income: $3700

Airbnb ROI: N/A

Traditional ROI: 3.29%

3670 W 400 N

Shipshewana, IN

3 beds | 3 baths | 3,536 sq.ft.

$449,000

Airbnb cash on cash: 0.44%

Traditional cash on cash: 6.21%

Airbnb Rental Income: $1220

Traditional Rental Income: $3254

Airbnb ROI: 0.44%

Traditional ROI: 6.21%

4845 N 300 W

Shipshewana, IN

4 beds | 3 baths | 2,120 sq.ft.

$399,900

Airbnb cash on cash: N/A

Traditional cash on cash: 7.22%

Airbnb Rental Income: $null

Traditional Rental Income: $3241

Airbnb ROI: N/A

Traditional ROI: 7.22%

9780 W SR 120

Shipshewana, IN

2 beds | 2 baths | 2,126 sq.ft.

$295,000

Airbnb cash on cash: 0.22%

Traditional cash on cash: 6.41%

Airbnb Rental Income: $889

Traditional Rental Income: $2272

Airbnb ROI: 0.22%

Traditional ROI: 6.41%

7290 W 350 N

Shipshewana, IN

5 beds | 3 baths | 3,735 sq.ft.

$525,000

Airbnb cash on cash: 0.64%

Traditional cash on cash: 5.83%

Airbnb Rental Income: $1519

Traditional Rental Income: $3626

Airbnb ROI: 0.64%

Traditional ROI: 5.83%

6780 W 700 N

Shipshewana, IN

3 beds | 1 baths | 1,800 sq.ft.

$199,900

Airbnb cash on cash: 2.29%

Traditional cash on cash: 7.9%

Airbnb Rental Income: $1220

Traditional Rental Income: $1893

Airbnb ROI: 2.29%