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
2344 S Old Ditch Rd 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 \| 3,960 sq.ft.	$450,000	Airbnb cash on cash: 0.39% Traditional cash on cash: 3.79% Airbnb Rental Income: $1378 Traditional Rental Income: $2437 Airbnb ROI: 0.39% Traditional ROI: 3.79%
1817 Deer Trl Warsaw, IN Welcome to this beautifully designed ranch home situated on a picturesque pond-front doubl...	4 beds \| 2 baths \| 3,682 sq.ft.	$485,000	Airbnb cash on cash: 0% Traditional cash on cash: 4.08% Airbnb Rental Income: $1375 Traditional Rental Income: $2887 Airbnb ROI: 0% Traditional ROI: 4.08%
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%
2250 N 350 W Warsaw, IN Immediate possession available with this 4 bedroom 2.5 bath brick ranch with finished walk...	4 beds \| 2 baths \| 4,325 sq.ft.	$608,000	Airbnb cash on cash: -0.14% Traditional cash on cash: 3.16% Airbnb Rental Income: $1375 Traditional Rental Income: $2858 Airbnb ROI: -0.14% Traditional ROI: 3.16%
506 S Detroit St Warsaw, IN Immediate possession available with this spacious 3 or 4 bedroom, 2 bath yesteryear charme...	3 beds \| 2 baths \| 2,264 sq.ft.	$258,000	Airbnb cash on cash: 1.71% Traditional cash on cash: 7.18% Airbnb Rental Income: $1378 Traditional Rental Income: $2393 Airbnb ROI: 1.71% Traditional ROI: 7.18%
130 Longrifle Rd Warsaw, IN Welcome to this new home by Granite Ridge Builders in Park Ridge South. The open great roo...	4 beds \| 2 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%
TBD Lot 15 Blackberry Trl Warsaw, IN This is an opportunity to bring your custom home to life and be part of the building proce...	4 beds \| 3 baths \| 3,976 sq.ft.	$595,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.32% Airbnb Rental Income: $null Traditional Rental Income: $5070 Airbnb ROI: N/A Traditional ROI: 7.32%
3631 E Pierceton Rd Warsaw, IN Welcome to an extremely rare, Equestrian Estate. Loaded with both wild, and domestic ducks...	5 beds \| 4 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%
415 S Buffalo St Warsaw, IN Where Historic Charm and Everyday Elegance Align. Timeless character meets refined comfort...	3 beds \| 1 baths \| 1,788 sq.ft.	$99,900	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%
703 Ross Ave Warsaw, IN Price Reduced! Immediate possession available with this brick and stone sided 3 bedroom 2 ...	3 beds \| 2 baths \| 1,732 sq.ft.	$358,000	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%
150 Wagon Wheel Dr 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%
TBD Dresdin Dr #14 Warsaw, IN This is an opportunity to bring your custom home to life and be part of the building proce...	5 beds \| 3 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%
3496 S SR 15 Rd Warsaw, IN A Sun-Drenched Executive Retreat: Vibrant Summer Living on 11 Private Acres Presented as t...	3 beds \| 2 baths \| 5,634 sq.ft.	$995,000	Airbnb cash on cash: -0.86% Traditional cash on cash: 1.4% Airbnb Rental Income: $1378 Traditional Rental Income: $3057 Airbnb ROI: -0.86% Traditional ROI: 1.4%
574 S Circle Drive Warsaw, IN Escape to Your Own Private Retreat - Without Leaving Convenience Behind Nestled in a seren...	4 beds \| 3 baths \| 2,828 sq.ft.	$314,000	Airbnb cash on cash: 1.29% Traditional cash on cash: 8.01% Airbnb Rental Income: $1375 Traditional Rental Income: $2942 Airbnb ROI: 1.29% Traditional ROI: 8.01%
1125 Country Club Extended Ln Warsaw, IN An extraordinary opportunity to own one of Winona Lake's finest newer waterfront residence...	5 beds \| 3 baths \| 3,587 sq.ft.	$1,890,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.49% Airbnb Rental Income: $null Traditional Rental Income: $4268 Airbnb ROI: N/A Traditional ROI: 0.49%
1822 Sharon St Warsaw, IN Fully Updated & Move-In Ready \| 1822 Sharon St, Warsaw, IN Don't miss this beautifully ren...	3 beds \| 1 baths \| 1,200 sq.ft.	$219,999	Airbnb cash on cash: 2.32% Traditional cash on cash: 4.37% Airbnb Rental Income: $1378 Traditional Rental Income: $1388 Airbnb ROI: 2.32% Traditional ROI: 4.37%
1047 E Smith Street Warsaw, IN Well-maintained 3 bedroom, 2 bath home offering over 1,300 square feet in a highly conveni...	3 beds \| 2 baths \| 1,344 sq.ft.	$194,900	Airbnb cash on cash: 2.23% Traditional cash on cash: 5.75% Airbnb Rental Income: $1378 Traditional Rental Income: $1612 Airbnb ROI: 2.23% Traditional ROI: 5.75%
2501 West Side Dr Warsaw, IN This home is located in the back of River View subdivision. On the main level it has 3 bed...	3 beds \| 1 baths \| 1,902 sq.ft.	$235,000	Airbnb cash on cash: 1.98% Traditional cash on cash: 4.39% Airbnb Rental Income: $1378 Traditional Rental Income: $1528 Airbnb ROI: 1.98% Traditional ROI: 4.39%
1709 S Walnut Dr Warsaw, IN Tucked away in a quiet cul-de-sac and sitting on just under a full acre of land, this beau...	5 beds \| 2 baths \| 2,988 sq.ft.	$349,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.28% Airbnb Rental Income: $null Traditional Rental Income: $2947 Airbnb ROI: N/A Traditional ROI: 5.28%
7531 W Crystal Lake Rd Warsaw, IN A Nicely updated ranch on nearly 1/2 acre just west of Warsaw. Beautiful views of Crystal ...	3 beds \| 2 baths \| 1,988 sq.ft.	$260,000	Airbnb cash on cash: 2.15% Traditional cash on cash: 7.02% Airbnb Rental Income: $1378 Traditional Rental Income: $2177 Airbnb ROI: 2.15% Traditional ROI: 7.02%

Real Estate investment in Warsaw, IN

There are 151 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 $106. In October 2026, the average monthly cash on cash return in Warsaw is 5.00%. The average monthly rental income in Warsaw is $2,397.

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

There are 151 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 $2,397.

Your search for investment property begins and ends here

Investment Property for Sale in Warsaw, IN

2344 S Old Ditch Rd

Warsaw, IN

3 beds | 3 baths | 3,960 sq.ft.

$450,000

Airbnb cash on cash: 0.39%

Traditional cash on cash: 3.79%

Airbnb Rental Income: $1378

Traditional Rental Income: $2437

Airbnb ROI: 0.39%

Traditional ROI: 3.79%

1817 Deer Trl

Warsaw, IN

4 beds | 2 baths | 3,682 sq.ft.

$485,000

Airbnb cash on cash: 0%

Traditional cash on cash: 4.08%

Airbnb Rental Income: $1375

Traditional Rental Income: $2887

Airbnb ROI: 0%

Traditional ROI: 4.08%

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%

Traditional ROI: 6.44%

2250 N 350 W

Warsaw, IN

4 beds | 2 baths | 4,325 sq.ft.

$608,000

Airbnb cash on cash: -0.14%

Traditional cash on cash: 3.16%

Airbnb Rental Income: $1375

Traditional Rental Income: $2858

Airbnb ROI: -0.14%

Traditional ROI: 3.16%

506 S Detroit St

Warsaw, IN

3 beds | 2 baths | 2,264 sq.ft.

$258,000

Airbnb cash on cash: 1.71%

Traditional cash on cash: 7.18%

Airbnb Rental Income: $1378

Traditional Rental Income: $2393

Airbnb ROI: 1.71%

Traditional ROI: 7.18%

130 Longrifle Rd

Warsaw, IN

4 beds | 2 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

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%

TBD Lot 15 Blackberry Trl

Warsaw, IN

4 beds | 3 baths | 3,976 sq.ft.

$595,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.32%

Airbnb Rental Income: $null

Traditional Rental Income: $5070

Airbnb ROI: N/A