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
2204 Bluewater Drive Warsaw, IN Love the water? Get ready to embrace the laid-back lake lifestyle on Pike Lake, where ever...	4 beds \| 2 baths \| 2,446 sq.ft.	$415,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.8% Airbnb Rental Income: $null Traditional Rental Income: $2741 Airbnb ROI: N/A Traditional ROI: 4.8%
735 W Market Street Warsaw, IN Adorable 2-bedroom, 1-bath home within walking distance to downtown Warsaw! Whether youâ...	2 beds \| 1 baths \| 908 sq.ft.	$159,900	Airbnb cash on cash: 3.8% Traditional cash on cash: 4.8% Airbnb Rental Income: $1319 Traditional Rental Income: $1064 Airbnb ROI: 3.8% Traditional ROI: 4.8%
1825 Nye Street Warsaw, IN Welcome home to 1825 Nye Street in Warsaw, located in the desirable Madison School Distric...	3 beds \| 3 baths \| 1,728 sq.ft.	$234,500	Airbnb cash on cash: 2.13% Traditional cash on cash: 7.97% Airbnb Rental Income: $1312 Traditional Rental Income: $2198 Airbnb ROI: 2.13% Traditional ROI: 7.97%
1218 S Honeybee Court Warsaw, IN Beautiful, spacious, with lots of light. Front entrance opens to high ceilings in a great ...	4 beds \| 6 baths \| 4,364 sq.ft.	$609,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.17% Airbnb Rental Income: $null Traditional Rental Income: $5253 Airbnb ROI: N/A Traditional ROI: 7.17%
2137 Bluewater Drive Warsaw, IN EXTREMELY MOTIVATED SELLERS!!! Lake life at its best in this beautiful brick ranch! Featu...	3 beds \| 2 baths \| 1,856 sq.ft.	$329,900	Airbnb cash on cash: 0.68% Traditional cash on cash: 5.99% Airbnb Rental Income: $1312 Traditional Rental Income: $2553 Airbnb ROI: 0.68% Traditional ROI: 5.99%
2414 Sally Street Warsaw, IN Welcome to this beautiful ranch style home in Meadowbrook addition! With a full interior r...	3 beds \| 3 baths \| 1,427 sq.ft.	$275,000	Airbnb cash on cash: 1.4% Traditional cash on cash: 4.49% Airbnb Rental Income: $1312 Traditional Rental Income: $1705 Airbnb ROI: 1.4% Traditional ROI: 4.49%
1963 Pheasant Ridge Drive Warsaw, IN Welcome to Pheasant Ridge--This impressive open-concept home offers nearly 4,500 finished ...	4 beds \| 3 baths \| 4,421 sq.ft.	$480,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.7% Airbnb Rental Income: $null Traditional Rental Income: $2707 Airbnb ROI: N/A Traditional ROI: 3.7%
413 W Fort Wayne Street Warsaw, IN Over 1,100 finished sq ft of living space plus an unfinished basement for excellent storag...	3 beds \| 1 baths \| 1,152 sq.ft.	$164,900	Airbnb cash on cash: 3.51% Traditional cash on cash: 6.63% Airbnb Rental Income: $1312 Traditional Rental Income: $1396 Airbnb ROI: 3.51% Traditional ROI: 6.63%
216 Argonne Road Warsaw, IN This charming 2-bedroom, 2.5-bath home offers a unique blend of character and potential. F...	2 beds \| 3 baths \| 2,568 sq.ft.	$179,000	Airbnb cash on cash: 1.88% Traditional cash on cash: 10.55% Airbnb Rental Income: $1319 Traditional Rental Income: $2387 Airbnb ROI: 1.88% Traditional ROI: 10.55%
280 Gilliam Drive Warsaw, IN Welcome to this gorgeous, custom built home situated in the desirable neighborhood of Roll...	3 beds \| 2 baths \| 3,078 sq.ft.	$425,000	Airbnb cash on cash: 0% Traditional cash on cash: 4.52% Airbnb Rental Income: $1312 Traditional Rental Income: $2702 Airbnb ROI: 0% Traditional ROI: 4.52%
2228 E Market Street Warsaw, IN Positioned on a corner lot near one of Warsawâs most active corridors, this home offers ...	3 beds \| 2 baths \| 1,728 sq.ft.	$200,000	Airbnb cash on cash: 2.41% Traditional cash on cash: 7.66% Airbnb Rental Income: $1312 Traditional Rental Income: $1901 Airbnb ROI: 2.41% Traditional ROI: 7.66%
708 E Center Street Warsaw, IN This home is located just minutes from downtown Warsaw and is not far from US 30 and SR 15...	3 beds \| 2 baths \| 1,908 sq.ft.	$214,900	Airbnb cash on cash: 1.97% Traditional cash on cash: 6% Airbnb Rental Income: $1312 Traditional Rental Income: $1725 Airbnb ROI: 1.97% Traditional ROI: 6%
3940 E Kings Pass Warsaw, IN Your Dream Home Awaits. Get ready to fall in love with this bright, beautiful two-story ho...	4 beds \| 3 baths \| 2,132 sq.ft.	$429,999	Airbnb cash on cash: N/A Traditional cash on cash: 4.56% Airbnb Rental Income: $null Traditional Rental Income: $2717 Airbnb ROI: N/A Traditional ROI: 4.56%
2152 Heather Court Warsaw, IN Beautiful 3 bed, 2.5 bath home in the popular Park Ridge subdivision! This well-designed h...	3 beds \| 3 baths \| 3,185 sq.ft.	$389,900	Airbnb cash on cash: 0.12% Traditional cash on cash: 4.05% Airbnb Rental Income: $1312 Traditional Rental Income: $2339 Airbnb ROI: 0.12% Traditional ROI: 4.05%
806 Lydia Drive Warsaw, IN Welcome to this beautiful 4 bedroom, potentially 5 bedroom, 5 bath home located in one of ...	4 beds \| 5 baths \| 3,060 sq.ft.	$389,900	Airbnb cash on cash: N/A Traditional cash on cash: 10.12% Airbnb Rental Income: $null Traditional Rental Income: $4467 Airbnb ROI: N/A Traditional ROI: 10.12%
770 W Market Street Warsaw, IN Cute 3 bedroom, 1 bath home that makes a great starter home! Located close to Center Lake,...	3 beds \| 1 baths \| 1,082 sq.ft.	$195,000	Airbnb cash on cash: 2.55% Traditional cash on cash: 4.81% Airbnb Rental Income: $1312 Traditional Rental Income: $1324 Airbnb ROI: 2.55% Traditional ROI: 4.81%
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: N/A Traditional cash on cash: 4.05% Airbnb Rental Income: $null Traditional Rental Income: $2858 Airbnb ROI: N/A 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: N/A Traditional cash on cash: 4.6% Airbnb Rental Income: $null Traditional Rental Income: $2194 Airbnb ROI: N/A Traditional ROI: 4.6%
1506 E Jefferson Street Warsaw, IN This delightful home is a cozy retreat and is ideal for those seeking the comfort of a sta...	1 beds \| 1 baths \| 600 sq.ft.	$149,900	Airbnb cash on cash: 1.14% Traditional cash on cash: 3.01% Airbnb Rental Income: $851 Traditional Rental Income: $789 Airbnb ROI: 1.14% Traditional ROI: 3.01%
1409 E Center Street Warsaw, IN Step into comfort and convenience with this charming 4-bedroom, 1-bath home in the heart o...	4 beds \| 1 baths \| 824 sq.ft.	$170,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.74% Airbnb Rental Income: $null Traditional Rental Income: $1215 Airbnb ROI: N/A Traditional ROI: 4.74%
331 Salman Drive Warsaw, IN Super charming & absolutely gorgeous completely updated (gutted to studs & renovated) ranc...	4 beds \| 3 baths \| 2,846 sq.ft.	$394,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.61% Airbnb Rental Income: $null Traditional Rental Income: $2849 Airbnb ROI: N/A Traditional ROI: 5.61%
401 N Maple Avenue Warsaw, IN Cute house in the heart of Warsaw! 3 Bedroms, 2 Bathrooms!	3 beds \| 2 baths \| 1,742 sq.ft.	$230,000	Airbnb cash on cash: 2.02% Traditional cash on cash: 7.41% Airbnb Rental Income: $1312 Traditional Rental Income: $2078 Airbnb ROI: 2.02% Traditional ROI: 7.41%
3948 Gussie Court Warsaw, IN Welcome to this well-maintained 2-bedroom, 2-bath condo featuring an open floor plan desig...	2 beds \| 2 baths \| 1,465 sq.ft.	$319,000	Airbnb cash on cash: 0.73% Traditional cash on cash: 4.78% Airbnb Rental Income: $1319 Traditional Rental Income: $2128 Airbnb ROI: 0.73% Traditional ROI: 4.78%
2983 N Murphy Lane Warsaw, IN Newly updated home with spacious yard, water views and lake access on desirable Hoffman La...	3 beds \| 1 baths \| 1,430 sq.ft.	$309,900	Airbnb cash on cash: 1.49% Traditional cash on cash: 3.94% Airbnb Rental Income: $1312 Traditional Rental Income: $1618 Airbnb ROI: 1.49% Traditional ROI: 3.94%
1825 & 1875 W Winona Avenue Warsaw, IN Developerâs Dream â 48+ Acres with Pond, Homes, and Outbuildings all within city limit...	4 beds \| 2 baths \| 3,097 sq.ft.	$3,000,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.22% Airbnb Rental Income: $null Traditional Rental Income: $2472 Airbnb ROI: N/A Traditional ROI: -0.22%
415 S Buffalo Street Warsaw, IN Where Historic Charm and Everyday Elegance Align. Timeless character meets refined comfort...	3 beds \| 1 baths \| 1,788 sq.ft.	$130,000	Airbnb cash on cash: 4.7% Traditional cash on cash: 9.34% Airbnb Rental Income: $1312 Traditional Rental Income: $1484 Airbnb ROI: 4.7% Traditional ROI: 9.34%
622 N Lincoln Street Warsaw, IN Completely refreshed and ready to impress, this beautifully updated home offers style, com...	3 beds \| 2 baths \| 1,212 sq.ft.	$260,000	Airbnb cash on cash: 1.64% Traditional cash on cash: 4.94% Airbnb Rental Income: $1312 Traditional Rental Income: $1714 Airbnb ROI: 1.64% Traditional ROI: 4.94%
106 EMS C30 Lane Warsaw, IN 3 Bedroom Beautiful Home For SALE!! Discover this move-in ready home in the desirable Lak...	3 beds \| 3 baths \| 2,574 sq.ft.	$350,000	Airbnb cash on cash: 0.99% Traditional cash on cash: 6.4% Airbnb Rental Income: $1312 Traditional Rental Income: $2685 Airbnb ROI: 0.99% Traditional ROI: 6.4%
1038 W 200 S Warsaw, IN OPEN HOUSE - Sunday - 3/22/2026 - 1-3p This newly renovated home in Warsaw blends mode...	3 beds \| 2 baths \| 2,956 sq.ft.	$349,900	Airbnb cash on cash: 1.13% Traditional cash on cash: 5.49% Airbnb Rental Income: $1312 Traditional Rental Income: $2337 Airbnb ROI: 1.13% Traditional ROI: 5.49%
1501 Fisher Avenue Warsaw, IN Stunning Stately Home on 9.8 Acres! Featuring an elevator, finished walk-out basement and ...	4 beds \| 7 baths \| 7,072 sq.ft.	$849,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.4% Airbnb Rental Income: $null Traditional Rental Income: $6596 Airbnb ROI: N/A Traditional ROI: 5.4%
217 Ra Mar Drive Warsaw, IN Back On Market at no fault of the seller (pre-approved buyer unable to secure financing). ...	3 beds \| 2 baths \| 1,919 sq.ft.	$208,000	Airbnb cash on cash: 2.09% Traditional cash on cash: 8.74% Airbnb Rental Income: $1312 Traditional Rental Income: $2217 Airbnb ROI: 2.09% Traditional ROI: 8.74%
3844 E 400 N. Warsaw, IN Significant price reduction! Back on the market - The buyer's financing fell through... Th...	4 beds \| 2 baths \| 2,608 sq.ft.	$499,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.44% Airbnb Rental Income: $null Traditional Rental Income: $2370 Airbnb ROI: N/A Traditional ROI: 3.44%
703 Ross Avenue Warsaw, IN Immediate possession available with this brick and stone sided 3 bedroom 2 bath ranch with...	3 beds \| 2 baths \| 1,732 sq.ft.	$368,000	Airbnb cash on cash: 0.59% Traditional cash on cash: 4.92% Airbnb Rental Income: $1312 Traditional Rental Income: $2401 Airbnb ROI: 0.59% Traditional ROI: 4.92%
4239 S Kinsey Road Warsaw, IN Located just south of Warsaw, Indiana, this beautiful property offers a spacious, well-bui...	4 beds \| 3 baths \| 3,274 sq.ft.	$849,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.82% Airbnb Rental Income: $null Traditional Rental Income: $2751 Airbnb ROI: N/A Traditional ROI: 1.82%
14 EMS C14 Warsaw, IN Ready for lake life? Quick access to the sparkling waters of Chapman Lake via Chapman's Pu...	2 beds \| 2 baths \| 1,342 sq.ft.	$289,900	Airbnb cash on cash: 1.64% Traditional cash on cash: 5.24% Airbnb Rental Income: $1319 Traditional Rental Income: $1895 Airbnb ROI: 1.64% Traditional ROI: 5.24%
308 Eisenhower Parkway Warsaw, IN Immediate possession available with this professionally remodeled 3 bedroom vinyl sided ra...	3 beds \| 1 baths \| 988 sq.ft.	$202,000	Airbnb cash on cash: 2.58% Traditional cash on cash: 4.95% Airbnb Rental Income: $1312 Traditional Rental Income: $1359 Airbnb ROI: 2.58% Traditional ROI: 4.95%
115 N Maple Avenue Warsaw, IN Start the year off right with this charming bungalow featuring an enclosed front porch wit...	2 beds \| 1 baths \| 1,154 sq.ft.	$168,000	Airbnb cash on cash: 4.04% Traditional cash on cash: 7.51% Airbnb Rental Income: $1319 Traditional Rental Income: $1465 Airbnb ROI: 4.04% Traditional ROI: 7.51%
2008 E Riverside Drive Warsaw, IN Rare three-parcel riverfront offering on the Tippecanoe River, sold together as one packag...	2 beds \| 1 baths \| 1,253 sq.ft.	$309,900	Airbnb cash on cash: 1.21% Traditional cash on cash: 4% Airbnb Rental Income: $1319 Traditional Rental Income: $1723 Airbnb ROI: 1.21% Traditional ROI: 4%
1381 Greencastle Drive Warsaw, IN Self Tours now available! Just scan, register, and tour! Welcome to 1381 Greencastle Drive...	5 beds \| 3 baths \| 2,415 sq.ft.	$325,815	Airbnb cash on cash: N/A Traditional cash on cash: 6.78% Airbnb Rental Income: $null Traditional Rental Income: $2766 Airbnb ROI: N/A Traditional ROI: 6.78%
TBD Dresdin Drive #14 Warsaw, IN This is an opportunity to bring your custom home to life and be part of the building proce...	5 beds \| 4 baths \| 3,900 sq.ft.	$570,000	Airbnb cash on cash: N/A Traditional cash on cash: -1.18% Airbnb Rental Income: $null Traditional Rental Income: $446 Airbnb ROI: N/A Traditional ROI: -1.18%

Real Estate investment in Warsaw, IN

There are 89 properties for sale in the city of Warsaw . The median list price in Warsaw is $309,900 and the average price per square foot is $149. In April 2026, the average monthly cash on cash return in Warsaw is 5.00%. The average monthly rental income in Warsaw is $2,196.

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

There are 89 investment properties available for sale in Warsaw.

In 2026, 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 $2,196.

Your search for investment property begins and ends here

Investment Property for Sale in Warsaw, IN

2204 Bluewater Drive

Warsaw, IN

4 beds | 2 baths | 2,446 sq.ft.

$415,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.8%

Airbnb Rental Income: $null

Traditional Rental Income: $2741

Airbnb ROI: N/A

Traditional ROI: 4.8%

735 W Market Street

Warsaw, IN

2 beds | 1 baths | 908 sq.ft.

$159,900

Airbnb cash on cash: 3.8%

Traditional cash on cash: 4.8%

Airbnb Rental Income: $1319

Traditional Rental Income: $1064

Airbnb ROI: 3.8%

Traditional ROI: 4.8%

1825 Nye Street

Warsaw, IN

3 beds | 3 baths | 1,728 sq.ft.

$234,500

Airbnb cash on cash: 2.13%

Traditional cash on cash: 7.97%

Airbnb Rental Income: $1312

Traditional Rental Income: $2198

Airbnb ROI: 2.13%

Traditional ROI: 7.97%

1218 S Honeybee Court

Warsaw, IN

4 beds | 6 baths | 4,364 sq.ft.

$609,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.17%

Airbnb Rental Income: $null

Traditional Rental Income: $5253

Airbnb ROI: N/A

Traditional ROI: 7.17%

2137 Bluewater Drive

Warsaw, IN

3 beds | 2 baths | 1,856 sq.ft.

$329,900

Airbnb cash on cash: 0.68%

Traditional cash on cash: 5.99%

Airbnb Rental Income: $1312

Traditional Rental Income: $2553

Airbnb ROI: 0.68%

Traditional ROI: 5.99%

2414 Sally Street

Warsaw, IN

3 beds | 3 baths | 1,427 sq.ft.

$275,000

Airbnb cash on cash: 1.4%

Traditional cash on cash: 4.49%

Airbnb Rental Income: $1312

Traditional Rental Income: $1705

Airbnb ROI: 1.4%

Traditional ROI: 4.49%

1963 Pheasant Ridge Drive

Warsaw, IN

4 beds | 3 baths | 4,421 sq.ft.

$480,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.7%

Airbnb Rental Income: $null

Traditional Rental Income: $2707

Airbnb ROI: N/A

Traditional ROI: 3.7%

413 W Fort Wayne Street

Warsaw, IN

3 beds | 1 baths | 1,152 sq.ft.

$164,900

Airbnb cash on cash: 3.51%

Traditional cash on cash: 6.63%

Airbnb Rental Income: $1312

Traditional Rental Income: $1396

Airbnb ROI: 3.51%