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.	$187,000	Airbnb cash on cash: 4.69% Traditional cash on cash: 5.84% Airbnb Rental Income: $1713 Traditional Rental Income: $1444 Airbnb ROI: 4.69% Traditional ROI: 5.84%
615 E Center Street Warsaw, IN Wow - look at all of this woodwork! They just do not build them like this anymore! War...	4 beds \| 2 baths \| 3,372 sq.ft.	$249,900	Airbnb cash on cash: 1.14% Traditional cash on cash: 6.51% Airbnb Rental Income: $1259 Traditional Rental Income: $2127 Airbnb ROI: 1.14% Traditional ROI: 6.51%
215 N Fort Wayne Avenue Warsaw, IN Spacious 4-bedroom, 1-bath well maintained home located in downtown Warsaw! This home sits...	4 beds \| 1 baths \| 1,464 sq.ft.	$174,900	Airbnb cash on cash: 1.98% Traditional cash on cash: 5.79% Airbnb Rental Income: $1259 Traditional Rental Income: $1494 Airbnb ROI: 1.98% Traditional ROI: 5.79%
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.	$630,000	Airbnb cash on cash: -0.57% Traditional cash on cash: 6.9% Airbnb Rental Income: $1259 Traditional Rental Income: $5253 Airbnb ROI: -0.57% Traditional ROI: 6.9%
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: 0.67% Traditional cash on cash: 1.67% Airbnb Rental Income: $1388 Traditional Rental Income: $1313 Airbnb ROI: 0.67% Traditional ROI: 1.67%
4 EMS B64 Lane Warsaw, IN Calling all investors and DIYersâopportunity knocks at 4 EMS B64 Lane in Warsaw! This 2-...	2 beds \| 1 baths \| 659 sq.ft.	$87,000	Airbnb cash on cash: 9.08% Traditional cash on cash: 9.01% Airbnb Rental Income: $1388 Traditional Rental Income: $962 Airbnb ROI: 9.08% Traditional ROI: 9.01%
3481 N Nancy Drive Warsaw, IN Significant Price Reduction! Immediate possession available with this 5 BR 3.5 bath vinyl ...	5 beds \| 4 baths \| 2,455 sq.ft.	$328,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.76% Airbnb Rental Income: $null Traditional Rental Income: $3057 Airbnb ROI: N/A Traditional ROI: 7.76%
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.	$345,900	Airbnb cash on cash: 1.63% Traditional cash on cash: 5.67% Airbnb Rental Income: $1713 Traditional Rental Income: $2553 Airbnb ROI: 1.63% Traditional ROI: 5.67%
2563 S Woodland Trail Warsaw, IN Ready to move into condition, 3 bedroom, 2 1/2 bathroom, 1486 sq.ft. home with full unfini...	3 beds \| 3 baths \| 1,486 sq.ft.	$269,000	Airbnb cash on cash: 2.94% Traditional cash on cash: 6.3% Airbnb Rental Income: $1713 Traditional Rental Income: $2091 Airbnb ROI: 2.94% Traditional ROI: 6.3%
2146 Lindenwood Avenue Warsaw, IN PARK RIDGE ADDN - One of the best layouts available for a home is now available! This ki...	3 beds \| 2 baths \| 1,348 sq.ft.	$259,900	Airbnb cash on cash: 2.72% Traditional cash on cash: 5.33% Airbnb Rental Income: $1713 Traditional Rental Income: $1878 Airbnb ROI: 2.72% Traditional ROI: 5.33%
3302 N 200 W Warsaw, IN Nestled on 24 picturesque acres, this property offers the perfect blend of rural tranquili...	4 beds \| 4 baths \| 2,586 sq.ft.	$549,900	Airbnb cash on cash: 0.09% Traditional cash on cash: 4.46% Airbnb Rental Income: $1259 Traditional Rental Income: $3104 Airbnb ROI: 0.09% Traditional ROI: 4.46%
903 E Center Street Warsaw, IN Welcome to this beautifully maintained 3-bedroom, 2-bathroom home located in the heart of ...	3 beds \| 2 baths \| 1,384 sq.ft.	$189,900	Airbnb cash on cash: 4.6% Traditional cash on cash: 7.66% Airbnb Rental Income: $1713 Traditional Rental Income: $1791 Airbnb ROI: 4.6% Traditional ROI: 7.66%
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: 0.06% Traditional cash on cash: 4.05% Airbnb Rental Income: $1259 Traditional Rental Income: $2858 Airbnb ROI: 0.06% 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: 0.3% Traditional cash on cash: 4.6% Airbnb Rental Income: $1259 Traditional Rental Income: $2194 Airbnb ROI: 0.3% Traditional ROI: 4.6%
518 N Park Avenue Warsaw, IN Excellent opportunity for both investors and first-time homebuyers! This 960 sq. ft. home ...	2 beds \| 1 baths \| 960 sq.ft.	$124,900	Airbnb cash on cash: 5.65% Traditional cash on cash: 5.12% Airbnb Rental Income: $1388 Traditional Rental Income: $904 Airbnb ROI: 5.65% Traditional ROI: 5.12%
523 S Union Street Warsaw, IN Open House THIS Saturday 9/27 1pm-3pm Welcome to this beautifully updated 2,247 square f...	3 beds \| 2 baths \| 1,522 sq.ft.	$245,000	Airbnb cash on cash: 2.84% Traditional cash on cash: 4.46% Airbnb Rental Income: $1713 Traditional Rental Income: $1613 Airbnb ROI: 2.84% Traditional ROI: 4.46%
513 W Porter Street Warsaw, IN Don't miss out on this 3 bedroom 1 bath home that is located within walking distance to th...	3 beds \| 1 baths \| 1,294 sq.ft.	$139,000	Airbnb cash on cash: 6.22% Traditional cash on cash: 6.43% Airbnb Rental Income: $1713 Traditional Rental Income: $1266 Airbnb ROI: 6.22% Traditional ROI: 6.43%
933 N Timberline Circle Warsaw, IN Before we get to the fun stuff - letâs talk updates! This home features a brand-new roof...	3 beds \| 2 baths \| 1,746 sq.ft.	$280,000	Airbnb cash on cash: 2.82% Traditional cash on cash: 4.53% Airbnb Rental Income: $1713 Traditional Rental Income: $1689 Airbnb ROI: 2.82% Traditional ROI: 4.53%
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: 4.08% Traditional cash on cash: 3.01% Airbnb Rental Income: $1357 Traditional Rental Income: $789 Airbnb ROI: 4.08% Traditional ROI: 3.01%
1120 N Arbutus Trail Warsaw, IN Plenty of updates and plenty of space! Completely refreshed paint and carpet throughout, ...	5 beds \| 3 baths \| 2,982 sq.ft.	$319,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.2% Airbnb Rental Income: $null Traditional Rental Income: $2166 Airbnb ROI: N/A Traditional ROI: 5.2%
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.	$325,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.92% Airbnb Rental Income: $null Traditional Rental Income: $2092 Airbnb ROI: N/A Traditional ROI: 4.92%
933 Country Club Lane Warsaw, IN Absolutely stunning and updated Mid Century Modern home on All Sports Winona Lake! New win...	5 beds \| 4 baths \| 3,558 sq.ft.	$1,250,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.25% Airbnb Rental Income: $null Traditional Rental Income: $4636 Airbnb ROI: N/A Traditional ROI: 2.25%
906 E Fort Wayne Street Warsaw, IN OPEN HOUSE SATURDAY 9:00-12:00 Recently renovated 2-bedroom, 1-bath home featuring a ...	2 beds \| 1 baths \| 696 sq.ft.	$147,500	Airbnb cash on cash: 4.75% Traditional cash on cash: 4.65% Airbnb Rental Income: $1388 Traditional Rental Income: $953 Airbnb ROI: 4.75% Traditional ROI: 4.65%
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: 2.64% Traditional cash on cash: 3.94% Airbnb Rental Income: $1713 Traditional Rental Income: $1618 Airbnb ROI: 2.64% Traditional ROI: 3.94%
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: 0.57% Traditional cash on cash: 4.22% Airbnb Rental Income: $1388 Traditional Rental Income: $1644 Airbnb ROI: 0.57% Traditional ROI: 4.22%
506 Bay Circle Drive Warsaw, IN Enjoy this 3 bedroom, 2.5 bath home with spacious floor plan with beautiful PIKE LAKE VIEW...	3 beds \| 3 baths \| 1,964 sq.ft.	$299,995	Airbnb cash on cash: 1.81% Traditional cash on cash: 7.17% Airbnb Rental Income: $1713 Traditional Rental Income: $2751 Airbnb ROI: 1.81% Traditional ROI: 7.17%
5708 N Old SR 15 Warsaw, IN Charming Remodeled Farmhouse on 1.5 Acres â Country Living Minutes from Town! Experience...	4 beds \| 3 baths \| 2,152 sq.ft.	$328,900	Airbnb cash on cash: 1.2% Traditional cash on cash: 7.58% Airbnb Rental Income: $1259 Traditional Rental Income: $2834 Airbnb ROI: 1.2% Traditional ROI: 7.58%
2395 S 400 W Street Warsaw, IN Ever dreamed of owning your own private ranch on over 20 acres of pristine land? This cust...	5 beds \| 3 baths \| 5,137 sq.ft.	$975,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.84% Airbnb Rental Income: $null Traditional Rental Income: $3360 Airbnb ROI: N/A Traditional ROI: 1.84%
225 S Cleveland Street Warsaw, IN Bring Your Vision to Life in the Heart of Kosciusko County Opportunity knocks just blocks ...	3 beds \| 2 baths \| 1,341 sq.ft.	$145,000	Airbnb cash on cash: 5.87% Traditional cash on cash: 9.9% Airbnb Rental Income: $1713 Traditional Rental Income: $1799 Airbnb ROI: 5.87% Traditional ROI: 9.9%
2880 Greenacre Court Warsaw, IN Self Tours now available! Just scan, register and tour! Welcome to Greenbrier, a vibrant n...	4 beds \| 3 baths \| 1,510 sq.ft.	$320,000	Airbnb cash on cash: 1.17% Traditional cash on cash: 6.32% Airbnb Rental Income: $1259 Traditional Rental Income: $2408 Airbnb ROI: 1.17% Traditional ROI: 6.32%
800 E Arthur Street #I1 Warsaw, IN *MOTIVATED SELLER* Low-maintenance living with access to Pike Lake at this 2 bedroom, ...	2 beds \| 2 baths \| 928 sq.ft.	$209,500	Airbnb cash on cash: 1.74% Traditional cash on cash: 5.16% Airbnb Rental Income: $1388 Traditional Rental Income: $1647 Airbnb ROI: 1.74% Traditional ROI: 5.16%
2629 Nature View Drive Warsaw, IN Move-in ready new construction by Stonehill Homes. There is plenty of room in this 2500 sq...	4 beds \| 4 baths \| 2,689 sq.ft.	$375,000	Airbnb cash on cash: 0.34% Traditional cash on cash: 6.81% Airbnb Rental Income: $1259 Traditional Rental Income: $3139 Airbnb ROI: 0.34% Traditional ROI: 6.81%
1074 Chapman Lake Drive Warsaw, IN Enjoy deeded lake access to Big Chapman Lake, including 15 feet of shoreline and riparian ...	3 beds \| 2 baths \| 1,408 sq.ft.	$349,900	Airbnb cash on cash: 2.17% Traditional cash on cash: 4.65% Airbnb Rental Income: $1713 Traditional Rental Income: $2054 Airbnb ROI: 2.17% Traditional ROI: 4.65%
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: -0.8% Traditional cash on cash: -0.22% Airbnb Rental Income: $1259 Traditional Rental Income: $2472 Airbnb ROI: -0.8% Traditional ROI: -0.22%
2881 Greenacre Court Warsaw, IN This newly built home offers the perfect blend of style, function, and value. Featuring th...	4 beds \| 3 baths \| 2,053 sq.ft.	$324,900	Airbnb cash on cash: 1.14% Traditional cash on cash: 7.54% Airbnb Rental Income: $1259 Traditional Rental Income: $2814 Airbnb ROI: 1.14% Traditional ROI: 7.54%
1388 S Honeybee Court Warsaw, IN Welcome to this stunning gem in Summer Field Estates â where style meets comfort and eve...	4 beds \| 4 baths \| 2,432 sq.ft.	$449,000	Airbnb cash on cash: -0.05% Traditional cash on cash: 5.77% Airbnb Rental Income: $1259 Traditional Rental Income: $3307 Airbnb ROI: -0.05% Traditional ROI: 5.77%
728 E Fort Wayne Street Warsaw, IN Significant Price Reduction! Immediate possession available with this professionally remod...	4 beds \| 2 baths \| 2,132 sq.ft.	$308,000	Airbnb cash on cash: 0.82% Traditional cash on cash: 6.19% Airbnb Rental Income: $1259 Traditional Rental Income: $2418 Airbnb ROI: 0.82% Traditional ROI: 6.19%
4715 W 200 S Road Warsaw, IN Discover peaceful country living on this stunning 19.11-acre retreat, featuring over 11 ac...	4 beds \| 3 baths \| 4,056 sq.ft.	$850,000	Airbnb cash on cash: -0.53% Traditional cash on cash: 1.92% Airbnb Rental Income: $1259 Traditional Rental Income: $2796 Airbnb ROI: -0.53% Traditional ROI: 1.92%
897 N Old Orchard Drive Warsaw, IN All the expensive updates are done here so you can just move in with peace of mind! Kitch...	3 beds \| 3 baths \| 3,708 sq.ft.	$399,900	Airbnb cash on cash: 1.31% Traditional cash on cash: 4.65% Airbnb Rental Income: $1713 Traditional Rental Income: $2492 Airbnb ROI: 1.31% Traditional ROI: 4.65%
415 S Buffalo Street Warsaw, IN	3 beds \| 1 baths \| 1,252 sq.ft.	$180,000	Airbnb cash on cash: 4.56% Traditional cash on cash: 5.99% Airbnb Rental Income: $1713 Traditional Rental Income: $1484 Airbnb ROI: 4.56% Traditional ROI: 5.99%

Real Estate investment in Warsaw, IN

There are 72 properties for sale in the city of Warsaw . The median list price in Warsaw is $308,503 and the average price per square foot is $145. In December 2025, the average monthly cash on cash return in Warsaw is 6.00%. The average monthly rental income in Warsaw is $2,206.

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

There are 72 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 $2,206.

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.

$187,000

Airbnb cash on cash: 4.69%

Traditional cash on cash: 5.84%

Airbnb Rental Income: $1713

Traditional Rental Income: $1444

Airbnb ROI: 4.69%

Traditional ROI: 5.84%

615 E Center Street

Warsaw, IN

4 beds | 2 baths | 3,372 sq.ft.

$249,900

Airbnb cash on cash: 1.14%

Traditional cash on cash: 6.51%

Airbnb Rental Income: $1259

Traditional Rental Income: $2127

Airbnb ROI: 1.14%

Traditional ROI: 6.51%

215 N Fort Wayne Avenue

Warsaw, IN

4 beds | 1 baths | 1,464 sq.ft.

$174,900

Airbnb cash on cash: 1.98%

Traditional cash on cash: 5.79%

Airbnb Rental Income: $1259

Traditional Rental Income: $1494

Airbnb ROI: 1.98%

Traditional ROI: 5.79%

1218 S Honeybee Court

Warsaw, IN

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

$630,000

Airbnb cash on cash: -0.57%

Traditional cash on cash: 6.9%

Airbnb Rental Income: $1259

Traditional Rental Income: $5253

Airbnb ROI: -0.57%

Traditional ROI: 6.9%

31 EMS C16 Lane

Warsaw, IN

2 beds | 1 baths | 715 sq.ft.

$369,900

Airbnb cash on cash: 0.67%

Traditional cash on cash: 1.67%

Airbnb Rental Income: $1388

Traditional Rental Income: $1313

Airbnb ROI: 0.67%

Traditional ROI: 1.67%

4 EMS B64 Lane

Warsaw, IN

2 beds | 1 baths | 659 sq.ft.

$87,000

Airbnb cash on cash: 9.08%

Traditional cash on cash: 9.01%

Airbnb Rental Income: $1388

Traditional Rental Income: $962

Airbnb ROI: 9.08%

Traditional ROI: 9.01%

3481 N Nancy Drive

Warsaw, IN

5 beds | 4 baths | 2,455 sq.ft.

$328,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.76%

Airbnb Rental Income: $null

Traditional Rental Income: $3057

Airbnb ROI: N/A

Traditional ROI: 7.76%

2137 Bluewater Drive

Warsaw, IN

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

$345,900

Airbnb cash on cash: 1.63%

Traditional cash on cash: 5.67%

Airbnb Rental Income: $1713

Traditional Rental Income: $2553

Airbnb ROI: 1.63%