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 Now with a NEW roof!! Love the water? Get ready to embrace the laid-back lake lifestyle ...	4 beds \| 2 baths \| 2,446 sq.ft.	$399,000	Airbnb cash on cash: 0.26% Traditional cash on cash: 5.03% Airbnb Rental Income: $1375 Traditional Rental Income: $2741 Airbnb ROI: 0.26% Traditional ROI: 5.03%
16 EMS B57 Lane Warsaw, IN Immediate possession available with this year around 2 bedroom lake area bungalow only 200...	2 beds \| 1 baths \| 604 sq.ft.	$184,000	Airbnb cash on cash: 5.71% Traditional cash on cash: 3.21% Airbnb Rental Income: $1898 Traditional Rental Income: $955 Airbnb ROI: 5.71% Traditional ROI: 3.21%
2344 S Old Ditch Road Warsaw, IN Welcome to this spacious 4,123 sq. ft. home situated on a 0.5-acre lot in a desirable rura...	3 beds \| 3 baths \| 4,123 sq.ft.	$475,000	Airbnb cash on cash: 0.36% Traditional cash on cash: 3.69% Airbnb Rental Income: $1378 Traditional Rental Income: $2437 Airbnb ROI: 0.36% Traditional ROI: 3.69%
56 N Superior Avenue Warsaw, IN One of the most sought after locations is now offering a home for sale with abundant space...	4 beds \| 4 baths \| 3,679 sq.ft.	$475,000	Airbnb cash on cash: -0.02% Traditional cash on cash: 6% Airbnb Rental Income: $1375 Traditional Rental Income: $3633 Airbnb ROI: -0.02% Traditional ROI: 6%
634 N Johnson Street Warsaw, IN Warsaw - 5 Bedrooms! Yes, a space for everyone right here! And, not only does everyone get...	5 beds \| 3 baths \| 2,348 sq.ft.	$279,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.13% Airbnb Rental Income: $null Traditional Rental Income: $2781 Airbnb ROI: N/A Traditional ROI: 8.13%
2415 W Nina Lane Warsaw, IN Some want a house that is also a peaceful get away in a setting among nature & that is jus...	3 beds \| 3 baths \| 2,234 sq.ft.	$329,900	Airbnb cash on cash: 1.2% Traditional cash on cash: 6.43% Airbnb Rental Income: $1378 Traditional Rental Income: $2579 Airbnb ROI: 1.2% Traditional ROI: 6.43%
1817 Deer Trail Warsaw, IN Welcome to this beautifully designed ranch home situated on a picturesque pond-front doubl...	4 beds \| 3 baths \| 3,682 sq.ft.	$509,900	Airbnb cash on cash: -0.01% Traditional cash on cash: 4.04% Airbnb Rental Income: $1375 Traditional Rental Income: $2887 Airbnb ROI: -0.01% Traditional ROI: 4.04%
2137 Bluewater Drive Warsaw, IN EXTREMELY MOTIVATED SELLERS!!! Lake life at its best in this beautiful brick ranch! Featur...	3 beds \| 2 baths \| N/A	$309,900	Airbnb cash on cash: 0.97% Traditional cash on cash: 6.44% Airbnb Rental Income: $1378 Traditional Rental Income: $2553 Airbnb ROI: 0.97% Traditional ROI: 6.44%
1896 S Lynnwood Drive Warsaw, IN Sellers offering new buyers a Brand NEW Furnace, A/C + Hot Water Heater at Closing! We...	3 beds \| 3 baths \| 3,567 sq.ft.	$400,000	Airbnb cash on cash: 0.58% Traditional cash on cash: 4.52% Airbnb Rental Income: $1378 Traditional Rental Income: $2436 Airbnb ROI: 0.58% Traditional ROI: 4.52%
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.	$465,000	Airbnb cash on cash: -0.17% Traditional cash on cash: 3.85% Airbnb Rental Income: $1375 Traditional Rental Income: $2707 Airbnb ROI: -0.17% Traditional ROI: 3.85%
3027 Deerfield Path Warsaw, IN Super cute 3 bedroom, 2 bathroom home in Paths of Deerfield in Warsaw.	3 beds \| 2 baths \| 1,368 sq.ft.	$265,000	Airbnb cash on cash: 1.54% Traditional cash on cash: 5.24% Airbnb Rental Income: $1378 Traditional Rental Income: $1883 Airbnb ROI: 1.54% Traditional ROI: 5.24%
2228 E Market Street Warsaw, IN Great opportunity in Warsaw for an investor, renovation buyer, or owner-occupant willing t...	3 beds \| 2 baths \| 1,728 sq.ft.	$190,000	Airbnb cash on cash: 2.89% Traditional cash on cash: 8.1% Airbnb Rental Income: $1378 Traditional Rental Income: $1901 Airbnb ROI: 2.89% Traditional ROI: 8.1%
102 Ramar Drive Warsaw, IN Tucked beneath mature trees on a spacious half-acre lot, this ranch-style home gives you t...	3 beds \| 1 baths \| 1,355 sq.ft.	$220,000	Airbnb cash on cash: 2.38% Traditional cash on cash: 5.36% Airbnb Rental Income: $1378 Traditional Rental Income: $1580 Airbnb ROI: 2.38% Traditional ROI: 5.36%
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.	$369,900	Airbnb cash on cash: 0.65% Traditional cash on cash: 10.76% Airbnb Rental Income: $1375 Traditional Rental Income: $4467 Airbnb ROI: 0.65% Traditional ROI: 10.76%
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: 3.93% Traditional cash on cash: 2.76% Airbnb Rental Income: $1898 Traditional Rental Income: $1118 Airbnb ROI: 3.93% Traditional ROI: 2.76%
404 Aspen Court Warsaw, IN Great first starter home! Perfect location in town close to everything. Large yard, large ...	3 beds \| 1 baths \| 1,014 sq.ft.	$229,000	Airbnb cash on cash: 1.41% Traditional cash on cash: 3.49% Airbnb Rental Income: $1378 Traditional Rental Income: $1411 Airbnb ROI: 1.41% Traditional ROI: 3.49%
1910 Deer Trail Warsaw, IN Located in the desirable Rolling Hills subdivision, this solid all brick home offers excep...	3 beds \| 4 baths \| 4,995 sq.ft.	$469,900	Airbnb cash on cash: -0.2% Traditional cash on cash: 1.66% Airbnb Rental Income: $1378 Traditional Rental Income: $1776 Airbnb ROI: -0.2% Traditional ROI: 1.66%
1332 Country Club Terrace Warsaw, IN Fall in love with 80 feet of pristine shoreline on one of Winona Lake's most desirable san...	3 beds \| 4 baths \| 3,518 sq.ft.	$1,579,000	Airbnb cash on cash: -1.01% Traditional cash on cash: -0.29% Airbnb Rental Income: $1378 Traditional Rental Income: $2023 Airbnb ROI: -1.01% Traditional ROI: -0.29%
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 \| 1,408 sq.ft.	$165,000	Airbnb cash on cash: 3.27% Traditional cash on cash: 4.91% Airbnb Rental Income: $1375 Traditional Rental Income: $1215 Airbnb ROI: 3.27% Traditional ROI: 4.91%
506 S Detroit Street Warsaw, IN Immediate possession available with this spacious 3 or 4 bedroom, 2 bath yesteryear charme...	3 beds \| 2 baths \| 2,264 sq.ft.	$285,000	Airbnb cash on cash: 1.64% Traditional cash on cash: 6.98% Airbnb Rental Income: $1378 Traditional Rental Income: $2393 Airbnb ROI: 1.64% Traditional ROI: 6.98%
130 Longrifle Road Warsaw, IN Welcome to this new home by Granite Ridge Builders in Park Ridge South. The open great roo...	4 beds \| 3 baths \| 1,643 sq.ft.	$359,900	Airbnb cash on cash: -0.42% Traditional cash on cash: 3.74% Airbnb Rental Income: $1375 Traditional Rental Income: $2365 Airbnb ROI: -0.42% Traditional ROI: 3.74%
3825 W Old Road 30 Warsaw, IN Peaceful country living meets modern updates on nearly 4 beautiful acres! This fully renov...	4 beds \| 2 baths \| 1,896 sq.ft.	$399,999	Airbnb cash on cash: 0.92% Traditional cash on cash: 5.29% Airbnb Rental Income: $1375 Traditional Rental Income: $2597 Airbnb ROI: 0.92% Traditional ROI: 5.29%
2012 Robb Road Warsaw, IN Situated in a peaceful setting, this spacious home offers the rare combination of privacy ...	4 beds \| 3 baths \| 3,378 sq.ft.	$369,000	Airbnb cash on cash: 0.74% Traditional cash on cash: 7.05% Airbnb Rental Income: $1375 Traditional Rental Income: $3143 Airbnb ROI: 0.74% Traditional ROI: 7.05%
3631 E Pierceton Road Warsaw, IN Welcome to an extremely rare, Equestrian Estate. Loaded with both wild, and domestic ducks...	5 beds \| 5 baths \| 6,244 sq.ft.	$1,500,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.84% Airbnb Rental Income: $null Traditional Rental Income: $5105 Airbnb ROI: N/A Traditional ROI: 1.84%
1825 & 1875 W Winona Avenue Warsaw, IN Developer's Dream - 48+ Acres with Pond, Homes, and Outbuildings all within city limits! A...	4 beds \| 2 baths \| 3,097 sq.ft.	$3,000,000	Airbnb cash on cash: -0.76% Traditional cash on cash: -0.22% Airbnb Rental Income: $1375 Traditional Rental Income: $2472 Airbnb ROI: -0.76% Traditional ROI: -0.22%
4715 W 200 S Road Warsaw, IN 19 Acres close to Warsaw with woods, trails & room for farm animals. Newer 72x50 insulated...	4 beds \| 3 baths \| 4,112 sq.ft.	$749,900	Airbnb cash on cash: -0.33% Traditional cash on cash: 2.3% Airbnb Rental Income: $1375 Traditional Rental Income: $2796 Airbnb ROI: -0.33% Traditional ROI: 2.3%
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.	$139,000	Airbnb cash on cash: 4.76% Traditional cash on cash: 8.69% Airbnb Rental Income: $1378 Traditional Rental Income: $1484 Airbnb ROI: 4.76% Traditional ROI: 8.69%
1501 Fisher Avenue Warsaw, IN Stunning Stately Home on 9.8 Acres! Featuring an elevator, finished walk-out basement and ...	4 beds \| 6 baths \| 7,072 sq.ft.	$699,000	Airbnb cash on cash: -0.52% Traditional cash on cash: 8.13% Airbnb Rental Income: $1375 Traditional Rental Income: $6596 Airbnb ROI: -0.52% Traditional ROI: 8.13%
703 Ross Avenue Warsaw, IN Price Reduced! Immediate possession available with this brick and stone sided 3 bedroom 2 ...	3 beds \| 2 baths \| 1,732 sq.ft.	$363,000	Airbnb cash on cash: 0.77% Traditional cash on cash: 5% Airbnb Rental Income: $1378 Traditional Rental Income: $2401 Airbnb ROI: 0.77% Traditional ROI: 5%
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.	$820,000	Airbnb cash on cash: -0.23% Traditional cash on cash: 2.12% Airbnb Rental Income: $1375 Traditional Rental Income: $2751 Airbnb ROI: -0.23% Traditional ROI: 2.12%
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: 2.86% Traditional cash on cash: 4% Airbnb Rental Income: $1898 Traditional Rental Income: $1723 Airbnb ROI: 2.86% Traditional ROI: 4%
150 Wagon Wheel Drive Warsaw, IN Experience your dream home with Granite Ridge Builders at 150 Wagon Wheel Drive, nestled i...	3 beds \| 2 baths \| 1,775 sq.ft.	$439,900	Airbnb cash on cash: -0.61% Traditional cash on cash: 1.01% Airbnb Rental Income: $1378 Traditional Rental Income: $1627 Airbnb ROI: -0.61% Traditional ROI: 1.01%

Real Estate investment in Warsaw, IN

There are 105 properties for sale in the city of Warsaw . The median list price in Warsaw is $241,855 and the average price per square foot is $102. In July 2026, the average monthly cash on cash return in Warsaw is 5.00%. The average monthly rental income in Warsaw is $2,437.

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

There are 105 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 $2,437.

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.

$399,000

Airbnb cash on cash: 0.26%

Traditional cash on cash: 5.03%

Airbnb Rental Income: $1375

Traditional Rental Income: $2741

Airbnb ROI: 0.26%

Traditional ROI: 5.03%

16 EMS B57 Lane

Warsaw, IN

2 beds | 1 baths | 604 sq.ft.

$184,000

Airbnb cash on cash: 5.71%

Traditional cash on cash: 3.21%

Airbnb Rental Income: $1898

Traditional Rental Income: $955

Airbnb ROI: 5.71%

Traditional ROI: 3.21%

2344 S Old Ditch Road

Warsaw, IN

3 beds | 3 baths | 4,123 sq.ft.

$475,000

Airbnb cash on cash: 0.36%

Traditional cash on cash: 3.69%

Airbnb Rental Income: $1378

Traditional Rental Income: $2437

Airbnb ROI: 0.36%

Traditional ROI: 3.69%

56 N Superior Avenue

Warsaw, IN

4 beds | 4 baths | 3,679 sq.ft.

$475,000

Airbnb cash on cash: -0.02%

Traditional cash on cash: 6%

Airbnb Rental Income: $1375

Traditional Rental Income: $3633

Airbnb ROI: -0.02%

Traditional ROI: 6%

634 N Johnson Street

Warsaw, IN

5 beds | 3 baths | 2,348 sq.ft.

$279,900

Airbnb cash on cash: N/A

Traditional cash on cash: 8.13%

Airbnb Rental Income: $null

Traditional Rental Income: $2781

Airbnb ROI: N/A

Traditional ROI: 8.13%

2415 W Nina Lane

Warsaw, IN

3 beds | 3 baths | 2,234 sq.ft.

$329,900

Airbnb cash on cash: 1.2%

Traditional cash on cash: 6.43%

Airbnb Rental Income: $1378

Traditional Rental Income: $2579

Airbnb ROI: 1.2%

Traditional ROI: 6.43%

1817 Deer Trail

Warsaw, IN

4 beds | 3 baths | 3,682 sq.ft.

$509,900

Airbnb cash on cash: -0.01%

Traditional cash on cash: 4.04%

Airbnb Rental Income: $1375

Traditional Rental Income: $2887

Airbnb ROI: -0.01%

Traditional ROI: 4.04%

2137 Bluewater Drive

Warsaw, IN

3 beds | 2 baths | N/A

$309,900

Airbnb cash on cash: 0.97%

Traditional cash on cash: 6.44%

Airbnb Rental Income: $1378

Traditional Rental Income: $2553

Airbnb ROI: 0.97%