Real Estate Investment Properties for Sale in Warsaw, IN

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1605 E Clark Street Warsaw, IN Back on the market at no fault of seller. Welcome to this adorable 3-bedroom, 1.5-bath hom...	3 beds \| 2 baths \| 1,158 sq.ft.	$189,900	Airbnb cash on cash: 3.9% Traditional cash on cash: 5.74% Airbnb Rental Income: $1562 Traditional Rental Income: $1444 Airbnb ROI: 3.9% Traditional ROI: 5.74%
1794 E Springfield Drive Warsaw, IN Discover this well-maintained ranch home offering 1,440 square feet of main-level living s...	4 beds \| 2 baths \| 2,690 sq.ft.	$295,000	Airbnb cash on cash: 9.48% Traditional cash on cash: 7.37% Airbnb Rental Income: $4076 Traditional Rental Income: $2622 Airbnb ROI: 9.48% Traditional ROI: 7.37%
309 W Fort Wayne Street Warsaw, IN This charming 2-bedroom, 1-bath home, with the potential to add a third bedroom, is conven...	2 beds \| 1 baths \| 1,949 sq.ft.	$149,900	Airbnb cash on cash: 6.03% Traditional cash on cash: 5.47% Airbnb Rental Income: $1861 Traditional Rental Income: $1281 Airbnb ROI: 6.03% Traditional ROI: 5.47%
645 E Essex Drive Warsaw, IN Welcome to this spacious ranch-style home in Barrington Hills! Inside, the home offers an ...	3 beds \| 2 baths \| 2,361 sq.ft.	$439,900	Airbnb cash on cash: 0.85% Traditional cash on cash: 4.22% Airbnb Rental Income: $1562 Traditional Rental Income: $2504 Airbnb ROI: 0.85% Traditional ROI: 4.22%
1103 E Clark Street Warsaw, IN Welcome to your next happy placeâfull of charm, character, and convenience! Perfectly po...	2 beds \| 1 baths \| 1,512 sq.ft.	$175,000	Airbnb cash on cash: 5.74% Traditional cash on cash: 6.34% Airbnb Rental Income: $1861 Traditional Rental Income: $1461 Airbnb ROI: 5.74% Traditional ROI: 6.34%
1947 E Wade Road Warsaw, IN Step into this beautifully updated 3-bedroom, 2-bath home with over 1,500 sq ft of living ...	3 beds \| 2 baths \| 1,576 sq.ft.	$259,900	Airbnb cash on cash: 2.1% Traditional cash on cash: 5.39% Airbnb Rental Income: $1562 Traditional Rental Income: $1920 Airbnb ROI: 2.1% Traditional ROI: 5.39%
31 Ems C28g Lane Warsaw, IN Welcome to your ultimate getaway on All-Sports Big Chapman Lake! This beautiful home sits ...	4 beds \| 2 baths \| 1,615 sq.ft.	$699,900	Airbnb cash on cash: 2.88% Traditional cash on cash: 1.49% Airbnb Rental Income: $4076 Traditional Rental Income: $2303 Airbnb ROI: 2.88% Traditional ROI: 1.49%
3673 S Bruner Road Warsaw, IN Lakefront home on Palestine Lake, great views of the water, recent updates include fully f...	2 beds \| 2 baths \| 1,536 sq.ft.	$218,000	Airbnb cash on cash: 4.82% Traditional cash on cash: 9.05% Airbnb Rental Income: $1861 Traditional Rental Income: $2236 Airbnb ROI: 4.82% Traditional ROI: 9.05%
2116 Lindenwood Avenue Warsaw, IN Welcome to this beautifully maintained two-story home offering 4 bedrooms, 2.5 bathrooms, ...	4 beds \| 3 baths \| 1,644 sq.ft.	$310,000	Airbnb cash on cash: 8.77% Traditional cash on cash: 6.12% Airbnb Rental Income: $4076 Traditional Rental Income: $2435 Airbnb ROI: 8.77% Traditional ROI: 6.12%
415 N Washington Street Warsaw, IN Investor opportunity! This multi-unit property is a fantastic addition to any portfolio, o...	7 beds \| 4 baths \| 5,558 sq.ft.	$410,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.92% Airbnb Rental Income: $null Traditional Rental Income: $3627 Airbnb ROI: N/A Traditional ROI: 7.92%
31 EMS C16 Lane Warsaw, IN Get-away on Big Chapman Lake (all-sport lake, one of the cleanest in the state).Â Updated...	2 beds \| 1 baths \| 715 sq.ft.	$369,900	Airbnb cash on cash: 1.81% Traditional cash on cash: 1.67% Airbnb Rental Income: $1861 Traditional Rental Income: $1313 Airbnb ROI: 1.81% Traditional ROI: 1.67%
3481 N Nancy Drive Warsaw, IN Immediate possession available with this 5 BR 3.5 bath vinyl sided ranch with finished wal...	5 beds \| 4 baths \| 2,455 sq.ft.	$338,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.5% Airbnb Rental Income: $null Traditional Rental Income: $3057 Airbnb ROI: N/A Traditional ROI: 7.5%
1395 S Zimmer Road Warsaw, IN Beautiful Golf Course Home â Move-In Ready! Situated on the scenic Rozella Ford Golf Cou...	3 beds \| 2 baths \| 2,147 sq.ft.	$319,900	Airbnb cash on cash: 1.44% Traditional cash on cash: 5.56% Airbnb Rental Income: $1562 Traditional Rental Income: $2352 Airbnb ROI: 1.44% Traditional ROI: 5.56%
2137 Bluewater Drive Warsaw, IN Lake life at its best in this beautiful brick ranch! Featuring 3 bedrooms and 2 bathrooms,...	3 beds \| 2 baths \| 1,856 sq.ft.	$359,900	Airbnb cash on cash: 1.15% Traditional cash on cash: 5.42% Airbnb Rental Income: $1562 Traditional Rental Income: $2553 Airbnb ROI: 1.15% Traditional ROI: 5.42%
708 E Center Street Warsaw, IN Back on the market at no fault of the seller! This spacious 3-bedroom, 2-bath home blends ...	3 beds \| 2 baths \| 1,908 sq.ft.	$215,000	Airbnb cash on cash: 3.15% Traditional cash on cash: 6.16% Airbnb Rental Income: $1562 Traditional Rental Income: $1725 Airbnb ROI: 3.15% Traditional ROI: 6.16%
66 EMS B61H Lane Warsaw, IN Discover your private retreat on Little Barbee Lake, a true lakefront gem offering endless...	2 beds \| 2 baths \| 924 sq.ft.	$318,999	Airbnb cash on cash: 2.5% Traditional cash on cash: 3.48% Airbnb Rental Income: $1861 Traditional Rental Income: $1654 Airbnb ROI: 2.5% Traditional ROI: 3.48%
2584 Pine Cone Lane Warsaw, IN Open House Saturday August 16, 2025 from 11am-1pm Welcome to the perfect blend of conv...	4 beds \| 3 baths \| 1,636 sq.ft.	$299,000	Airbnb cash on cash: 9.28% Traditional cash on cash: 6.06% Airbnb Rental Income: $4076 Traditional Rental Income: $2302 Airbnb ROI: 9.28% Traditional ROI: 6.06%
1617 Ranch Road Warsaw, IN Welcome to this well-positioned ranch home in the Herschers subdivision, offering 1,404 sq...	3 beds \| 2 baths \| 1,404 sq.ft.	$225,000	Airbnb cash on cash: 3.01% Traditional cash on cash: 6.58% Airbnb Rental Income: $1562 Traditional Rental Income: $1873 Airbnb ROI: 3.01% Traditional ROI: 6.58%
54 Fairlane Drive Warsaw, IN Check out this beautiful 4 bedroom, 3 bath tri-level home now available for sale! Itâs i...	4 beds \| 3 baths \| 2,073 sq.ft.	$290,000	Airbnb cash on cash: 9.56% Traditional cash on cash: 7.71% Airbnb Rental Income: $4076 Traditional Rental Income: $2704 Airbnb ROI: 9.56% Traditional ROI: 7.71%
96 EMS B61I Lane Warsaw, IN Enjoy waterfront living with this adorable 2-bedroom, 1-bath home nestled on a peaceful ch...	2 beds \| 1 baths \| 672 sq.ft.	$249,000	Airbnb cash on cash: 3.83% Traditional cash on cash: 2.79% Airbnb Rental Income: $1861 Traditional Rental Income: $1118 Airbnb ROI: 3.83% Traditional ROI: 2.79%
2250 N 350 W Warsaw, IN Back on market at no fault of the seller. Appraisal and home inspection completed. Immedia...	4 beds \| 3 baths \| 4,332 sq.ft.	$535,000	Airbnb cash on cash: 4.75% Traditional cash on cash: 4.05% Airbnb Rental Income: $4076 Traditional Rental Income: $2858 Airbnb ROI: 4.75% Traditional ROI: 4.05%
2610 Nature View Drive Warsaw, IN This spacious home offers over 3500 sq. ft. of comfortable living and is being sold as a S...	4 beds \| 4 baths \| 2,198 sq.ft.	$330,000	Airbnb cash on cash: 7.87% Traditional cash on cash: 4.6% Airbnb Rental Income: $4076 Traditional Rental Income: $2194 Airbnb ROI: 7.87% Traditional ROI: 4.6%
520 E Levi Lee Road Warsaw, IN Open house CANCELED! Bring your vision and make this country property your own! This 3-be...	3 beds \| 2 baths \| 2,976 sq.ft.	$320,000	Airbnb cash on cash: 1.37% Traditional cash on cash: 3.66% Airbnb Rental Income: $1562 Traditional Rental Income: $1802 Airbnb ROI: 1.37% Traditional ROI: 3.66%
523 S Union Street Warsaw, IN Welcome to this beautifully updated 2,247 square foot home that blends timeless charm with...	3 beds \| 2 baths \| 1,522 sq.ft.	$249,900	Airbnb cash on cash: 2.24% Traditional cash on cash: 4.36% Airbnb Rental Income: $1562 Traditional Rental Income: $1613 Airbnb ROI: 2.24% Traditional ROI: 4.36%
1403 Lakeview Boulevard Warsaw, IN Seems Like Country! Extra Large double lot .64 acre Home has Lots of updates, Five bedroom...	5 beds \| 2 baths \| 2,160 sq.ft.	$364,100	Airbnb cash on cash: N/A Traditional cash on cash: 4.29% Airbnb Rental Income: $null Traditional Rental Income: $2092 Airbnb ROI: N/A Traditional ROI: 4.29%
2416 S Woodland Trail Warsaw, IN Welcome to this meticulously designed, brand-new custom home that seamlessly combines soph...	3 beds \| 2 baths \| 3,813 sq.ft.	$399,000	Airbnb cash on cash: 1.59% Traditional cash on cash: 2.63% Airbnb Rental Income: $1562 Traditional Rental Income: $1500 Airbnb ROI: 1.59% Traditional ROI: 2.63%
7441 W Lutes Dr Warsaw, IN Here is an exceptional opportunity to acquire a completely remodeled home in the Hoffman L...	2 beds \| 1 baths \| 1,748 sq.ft.	$202,000	Airbnb cash on cash: 5.03% Traditional cash on cash: 4.7% Airbnb Rental Income: $1861 Traditional Rental Income: $1300 Airbnb ROI: 5.03% Traditional ROI: 4.7%
130 Longrifle Road Warsaw, IN Welcome to this new home by Granite Ridge Builders in brand new Park Ridge South. The open...	4 beds \| 3 baths \| 1,643 sq.ft.	$379,900	Airbnb cash on cash: 6.77% Traditional cash on cash: 4.4% Airbnb Rental Income: $4076 Traditional Rental Income: $2365 Airbnb ROI: 6.77% Traditional ROI: 4.4%
40 Ems C24g Lane Warsaw, IN Lakeside Living at Its Best on Chapman Lake! Escape to this charming waterfront cottage on...	2 beds \| 1 baths \| 832 sq.ft.	$379,000	Airbnb cash on cash: 1.62% Traditional cash on cash: 1.83% Airbnb Rental Income: $1861 Traditional Rental Income: $1436 Airbnb ROI: 1.62% Traditional ROI: 1.83%
800 E Arthur Street #B4 Warsaw, IN This delightful 2-bedroom, 2-bath ground-floor residence offers an unbeatable combination ...	2 beds \| 2 baths \| 978 sq.ft.	$194,900	Airbnb cash on cash: 2.7% Traditional cash on cash: 4.22% Airbnb Rental Income: $1861 Traditional Rental Income: $1644 Airbnb ROI: 2.7% Traditional ROI: 4.22%
70 EMS B61J LN Warsaw, IN Superb offering with this wonderful year-round or seasonal lake retreat boasting 67â of ...	2 beds \| 2 baths \| 910 sq.ft.	$329,000	Airbnb cash on cash: 2.84% Traditional cash on cash: 3.45% Airbnb Rental Income: $1861 Traditional Rental Income: $1551 Airbnb ROI: 2.84% Traditional ROI: 3.45%
2106 Whitetail Run Warsaw, IN OPEN HOUSE - Sunday July 20th 1-3pm Like new condition, 2 Bedroom, 2 Bathroom, 1,227 s...	2 beds \| 2 baths \| 1,227 sq.ft.	$262,900	Airbnb cash on cash: 2.46% Traditional cash on cash: 4.06% Airbnb Rental Income: $1861 Traditional Rental Income: $1760 Airbnb ROI: 2.46% Traditional ROI: 4.06%
1110 Brubaker Street Warsaw, IN OPEN HOUSE AUG. 10TH FROM 11-1! Stunning Lakefront Walkout Ranch with 67â of Frontage o...	4 beds \| 3 baths \| 2,088 sq.ft.	$349,900	Airbnb cash on cash: 7.54% Traditional cash on cash: 6.51% Airbnb Rental Income: $4076 Traditional Rental Income: $2867 Airbnb ROI: 7.54% Traditional ROI: 6.51%
1101 Greenbrier Boulevard Warsaw, IN Your Dream Ranch Home in Greenbrier is Here! Welcome to the most popular ranch-style home ...	4 beds \| 2 baths \| 1,771 sq.ft.	$323,000	Airbnb cash on cash: 8.76% Traditional cash on cash: 6.06% Airbnb Rental Income: $4076 Traditional Rental Income: $2388 Airbnb ROI: 8.76% Traditional ROI: 6.06%
506 Bay Circle Drive Warsaw, IN Beautiful Pike Lake Views! Enjoy this 3 bedroom, 2.5 bath home with spacious floor plan. ...	3 beds \| 3 baths \| 1,964 sq.ft.	$329,900	Airbnb cash on cash: 1.16% Traditional cash on cash: 6.44% Airbnb Rental Income: $1562 Traditional Rental Income: $2751 Airbnb ROI: 1.16% Traditional ROI: 6.44%
40 Ems B64 Lane Warsaw, IN Completely Remodeled Lakeside Home on the Barbee Chain of Lakes. This chain of lakes offe...	2 beds \| 1 baths \| 832 sq.ft.	$169,900	Airbnb cash on cash: 6.5% Traditional cash on cash: 5.37% Airbnb Rental Income: $1861 Traditional Rental Income: $1179 Airbnb ROI: 6.5% Traditional ROI: 5.37%
5708 N Old SR 15 Warsaw, IN Charming Remodeled Farmhouse on 1.5 Acres â Country Living Just Minutes from Town! Enjo...	4 beds \| 3 baths \| 2,152 sq.ft.	$339,900	Airbnb cash on cash: 8.48% Traditional cash on cash: 7.31% Airbnb Rental Income: $4076 Traditional Rental Income: $2834 Airbnb ROI: 8.48% Traditional ROI: 7.31%
12 EMS C28D Lane Warsaw, IN Ready for lake life? With quick access to the sparkling waters of Big Chapman Lake, this s...	5 beds \| 2 baths \| 2,343 sq.ft.	$475,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.59% Airbnb Rental Income: $null Traditional Rental Income: $2804 Airbnb ROI: N/A Traditional ROI: 4.59%
1810 N Bay Drive Warsaw, IN WINONA LAKEFRONT home with over 100' of lakefront and stunning views of the entire lake. T...	3 beds \| 2 baths \| 1,820 sq.ft.	$895,000	Airbnb cash on cash: -1.42% Traditional cash on cash: 0.33% Airbnb Rental Income: $1562 Traditional Rental Income: $2566 Airbnb ROI: -1.42% Traditional ROI: 0.33%

Real Estate investment in Warsaw, IN

There are 87 properties for sale in the city of Warsaw . The median list price in Warsaw is $290,000 and the average price per square foot is $140. In September 2025, the average monthly cash on cash return in Warsaw is 6.00%. The average monthly rental income in Warsaw is $2,237.

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

There are 87 investment properties available for sale in Warsaw.

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

The ROI for Long-Term is higher than the Short-Term in Warsaw with average rental income of $2,237.

Your search for investment property begins and ends here

Investment Property for Sale in Warsaw, IN

1605 E Clark Street

Warsaw, IN

3 beds | 2 baths | 1,158 sq.ft.

$189,900

Airbnb cash on cash: 3.9%

Traditional cash on cash: 5.74%

Airbnb Rental Income: $1562

Traditional Rental Income: $1444

Airbnb ROI: 3.9%

Traditional ROI: 5.74%

1794 E Springfield Drive

Warsaw, IN

4 beds | 2 baths | 2,690 sq.ft.

$295,000

Airbnb cash on cash: 9.48%

Traditional cash on cash: 7.37%

Airbnb Rental Income: $4076

Traditional Rental Income: $2622

Airbnb ROI: 9.48%

Traditional ROI: 7.37%

309 W Fort Wayne Street

Warsaw, IN

2 beds | 1 baths | 1,949 sq.ft.

$149,900

Airbnb cash on cash: 6.03%

Traditional cash on cash: 5.47%

Airbnb Rental Income: $1861

Traditional Rental Income: $1281

Airbnb ROI: 6.03%

Traditional ROI: 5.47%

645 E Essex Drive

Warsaw, IN

3 beds | 2 baths | 2,361 sq.ft.

$439,900

Airbnb cash on cash: 0.85%

Traditional cash on cash: 4.22%

Airbnb Rental Income: $1562

Traditional Rental Income: $2504

Airbnb ROI: 0.85%

Traditional ROI: 4.22%

1103 E Clark Street

Warsaw, IN

2 beds | 1 baths | 1,512 sq.ft.

$175,000

Airbnb cash on cash: 5.74%

Traditional cash on cash: 6.34%

Airbnb Rental Income: $1861

Traditional Rental Income: $1461

Airbnb ROI: 5.74%

Traditional ROI: 6.34%

1947 E Wade Road

Warsaw, IN

3 beds | 2 baths | 1,576 sq.ft.

$259,900

Airbnb cash on cash: 2.1%

Traditional cash on cash: 5.39%

Airbnb Rental Income: $1562

Traditional Rental Income: $1920

Airbnb ROI: 2.1%

Traditional ROI: 5.39%

31 Ems C28g Lane

Warsaw, IN

4 beds | 2 baths | 1,615 sq.ft.

$699,900

Airbnb cash on cash: 2.88%

Traditional cash on cash: 1.49%

Airbnb Rental Income: $4076

Traditional Rental Income: $2303

Airbnb ROI: 2.88%

Traditional ROI: 1.49%

3673 S Bruner Road

Warsaw, IN

2 beds | 2 baths | 1,536 sq.ft.

$218,000

Airbnb cash on cash: 4.82%

Traditional cash on cash: 9.05%

Airbnb Rental Income: $1861

Traditional Rental Income: $2236

Airbnb ROI: 4.82%