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

separator

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: 5.6% Traditional cash on cash: 5.84% Airbnb Rental Income: $1908 Traditional Rental Income: $1444 Airbnb ROI: 5.6% Traditional ROI: 5.84%
2603 E Pine Drive Warsaw, IN Great Starter Home or Downsizerâs Retreat! Located in a quiet rural subdivision just a s...	3 beds \| 1 baths \| 1,040 sq.ft.	$165,000	Airbnb cash on cash: 6.86% Traditional cash on cash: 7% Airbnb Rental Income: $1908 Traditional Rental Income: $1424 Airbnb ROI: 6.86% Traditional ROI: 7%
209 N Maple Avenue Warsaw, IN Charming and move-in ready 3-bedroom, 2-bath home offering approximately 1,100 sq ft of li...	3 beds \| 2 baths \| 1,100 sq.ft.	$141,900	Airbnb cash on cash: 7.1% Traditional cash on cash: 7.71% Airbnb Rental Income: $1908 Traditional Rental Income: $1484 Airbnb ROI: 7.1% Traditional ROI: 7.71%
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: 3.75% Traditional cash on cash: 9.05% Airbnb Rental Income: $1597 Traditional Rental Income: $2236 Airbnb ROI: 3.75% Traditional ROI: 9.05%
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: 1.17% Traditional cash on cash: 1.67% Airbnb Rental Income: $1597 Traditional Rental Income: $1313 Airbnb ROI: 1.17% 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.	$332,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.65% Airbnb Rental Income: $null Traditional Rental Income: $3057 Airbnb ROI: N/A Traditional ROI: 7.65%
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.	$349,900	Airbnb cash on cash: 2.09% Traditional cash on cash: 5.6% Airbnb Rental Income: $1908 Traditional Rental Income: $2553 Airbnb ROI: 2.09% Traditional ROI: 5.6%
204 Sandpoint Drive Warsaw, IN Welcome to this charming 3 bedroom, 2.5 bath ranch home in the desirable Timber Ridge Subd...	3 beds \| 3 baths \| 2,093 sq.ft.	$330,000	Airbnb cash on cash: 2.46% Traditional cash on cash: 5.94% Airbnb Rental Income: $1908 Traditional Rental Income: $2480 Airbnb ROI: 2.46% Traditional ROI: 5.94%
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.	$269,900	Airbnb cash on cash: 3.22% Traditional cash on cash: 5.1% Airbnb Rental Income: $1908 Traditional Rental Income: $1878 Airbnb ROI: 3.22% Traditional ROI: 5.1%
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: 4.66% Traditional cash on cash: 4.46% Airbnb Rental Income: $4076 Traditional Rental Income: $3104 Airbnb ROI: 4.66% Traditional ROI: 4.46%
320 N Washington Street Warsaw, IN Located near downtown Warsawâs shopping, dining, Central Park, and Center Lake, this ref...	2 beds \| 1 baths \| 898 sq.ft.	$156,000	Airbnb cash on cash: 5.29% Traditional cash on cash: 5.01% Airbnb Rental Income: $1597 Traditional Rental Income: $1100 Airbnb ROI: 5.29% Traditional ROI: 5.01%
1382 W Maplecrest Street Warsaw, IN Back on the market - at no fault of seller - BRAND NEW furnace ready to keep you cozy this...	3 beds \| 2 baths \| 1,654 sq.ft.	$239,000	Airbnb cash on cash: 4.12% Traditional cash on cash: 7.04% Airbnb Rental Income: $1908 Traditional Rental Income: $2062 Airbnb ROI: 4.12% Traditional ROI: 7.04%
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: 2.89% Traditional cash on cash: 2.79% Airbnb Rental Income: $1597 Traditional Rental Income: $1118 Airbnb ROI: 2.89% 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%
1127 Country Club Lane Warsaw, IN Experience the ultimate in lakefront living with this extraordinary Winona Lake residence,...	4 beds \| 4 baths \| 3,162 sq.ft.	$1,200,000	Airbnb cash on cash: 1.25% Traditional cash on cash: 0.49% Airbnb Rental Income: $4076 Traditional Rental Income: $2353 Airbnb ROI: 1.25% Traditional ROI: 0.49%
2517 Oriole Lane Warsaw, IN Charming newer home that is completely move-in ready and perfectly located! This tradition...	3 beds \| 2 baths \| 1,604 sq.ft.	$230,000	Airbnb cash on cash: 4.09% Traditional cash on cash: 5.85% Airbnb Rental Income: $1908 Traditional Rental Income: $1783 Airbnb ROI: 4.09% Traditional ROI: 5.85%
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: 3.55% Traditional cash on cash: 4.46% Airbnb Rental Income: $1908 Traditional Rental Income: $1613 Airbnb ROI: 3.55% Traditional ROI: 4.46%
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: 3.29% Traditional cash on cash: 3.01% Airbnb Rental Income: $1221 Traditional Rental Income: $789 Airbnb ROI: 3.29% 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.	$337,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.87% Airbnb Rental Income: $null Traditional Rental Income: $2166 Airbnb ROI: N/A Traditional ROI: 4.87%
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.	$339,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.68% Airbnb Rental Income: $null Traditional Rental Income: $2092 Airbnb ROI: N/A Traditional ROI: 4.68%
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: 2.36% Traditional cash on cash: 2.63% Airbnb Rental Income: $1908 Traditional Rental Income: $1500 Airbnb ROI: 2.36% 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: 3.88% Traditional cash on cash: 4.7% Airbnb Rental Income: $1597 Traditional Rental Income: $1300 Airbnb ROI: 3.88% Traditional ROI: 4.7%
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%
2210 S Clover Lane Warsaw, IN Welcome to this beautifully maintained 3-bedroom, 3.5-bath home with a full finished basem...	3 beds \| 4 baths \| 3,352 sq.ft.	$389,900	Airbnb cash on cash: 1.87% Traditional cash on cash: 6.49% Airbnb Rental Income: $1908 Traditional Rental Income: $3089 Airbnb ROI: 1.87% Traditional ROI: 6.49%
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: 5.98% Traditional cash on cash: 4.65% Airbnb Rental Income: $1597 Traditional Rental Income: $953 Airbnb ROI: 5.98% Traditional ROI: 4.65%
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: 1.51% Traditional cash on cash: 4.22% Airbnb Rental Income: $1597 Traditional Rental Income: $1644 Airbnb ROI: 1.51% 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.	$309,900	Airbnb cash on cash: 2.28% Traditional cash on cash: 6.91% Airbnb Rental Income: $1908 Traditional Rental Income: $2751 Airbnb ROI: 2.28% Traditional ROI: 6.91%
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: 5.15% Traditional cash on cash: 5.37% Airbnb Rental Income: $1597 Traditional Rental Income: $1179 Airbnb ROI: 5.15% Traditional ROI: 5.37%
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: 7.04% Traditional cash on cash: 9.9% Airbnb Rental Income: $1908 Traditional Rental Income: $1799 Airbnb ROI: 7.04% Traditional ROI: 9.9%
2880 Greenacre Court Warsaw, IN Welcome to Greenbrier, a vibrant new home community in Warsaw, Indiana, where modern comfo...	4 beds \| 3 baths \| 1,510 sq.ft.	$304,900	Airbnb cash on cash: 9.46% Traditional cash on cash: 6.67% Airbnb Rental Income: $4076 Traditional Rental Income: $2408 Airbnb ROI: 9.46% Traditional ROI: 6.67%
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: 2.61% Traditional cash on cash: 5.16% Airbnb Rental Income: $1597 Traditional Rental Income: $1647 Airbnb ROI: 2.61% Traditional ROI: 5.16%
3643 S Bruner Road Warsaw, IN Very affordable small home located on Palestine Lake. Property features a large lot, 2 car...	3 beds \| 2 baths \| 960 sq.ft.	$219,900	Airbnb cash on cash: 4.39% Traditional cash on cash: 6.06% Airbnb Rental Income: $1908 Traditional Rental Income: $1748 Airbnb ROI: 4.39% Traditional ROI: 6.06%
2629 Nature View Drive Warsaw, IN Now is your opportunity to be involved in the building process! This new construction in H...	4 beds \| 4 baths \| 2,259 sq.ft.	$375,000	Airbnb cash on cash: 7.01% Traditional cash on cash: 6.81% Airbnb Rental Income: $4076 Traditional Rental Income: $3139 Airbnb ROI: 7.01% 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: 2.67% Traditional cash on cash: 4.65% Airbnb Rental Income: $1908 Traditional Rental Income: $2054 Airbnb ROI: 2.67% Traditional ROI: 4.65%
1825 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.	$3,500,000	Airbnb cash on cash: -0.1% Traditional cash on cash: -0.33% Airbnb Rental Income: $4076 Traditional Rental Income: $2472 Airbnb ROI: -0.1% Traditional ROI: -0.33%
721 N Ellsworth Street Warsaw, IN This charming home is a great fit for first-time buyers or anyone looking to downsize, wit...	2 beds \| 1 baths \| 1,120 sq.ft.	$159,000	Airbnb cash on cash: 4.99% Traditional cash on cash: 5.96% Airbnb Rental Income: $1597 Traditional Rental Income: $1289 Airbnb ROI: 4.99% Traditional ROI: 5.96%
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: 8.83% Traditional cash on cash: 7.54% Airbnb Rental Income: $4076 Traditional Rental Income: $2814 Airbnb ROI: 8.83% Traditional ROI: 7.54%

Real Estate investment in Warsaw, IN

There are 70 properties for sale in the city of Warsaw . The median list price in Warsaw is $264,900 and the average price per square foot is $128. In October 2025, the average monthly cash on cash return in Warsaw is 6.00%. The average monthly rental income in Warsaw is $2,183.

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

There are 70 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 $2,183.

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: 5.6%

Traditional cash on cash: 5.84%

Airbnb Rental Income: $1908

Traditional Rental Income: $1444

Airbnb ROI: 5.6%

Traditional ROI: 5.84%

2603 E Pine Drive

Warsaw, IN

3 beds | 1 baths | 1,040 sq.ft.

$165,000

Airbnb cash on cash: 6.86%

Traditional cash on cash: 7%

Airbnb Rental Income: $1908

Traditional Rental Income: $1424

Airbnb ROI: 6.86%

Traditional ROI: 7%

209 N Maple Avenue

Warsaw, IN

3 beds | 2 baths | 1,100 sq.ft.

$141,900

Airbnb cash on cash: 7.1%

Traditional cash on cash: 7.71%

Airbnb Rental Income: $1908

Traditional Rental Income: $1484

Airbnb ROI: 7.1%

Traditional ROI: 7.71%

3673 S Bruner Road

Warsaw, IN

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

$218,000

Airbnb cash on cash: 3.75%

Traditional cash on cash: 9.05%

Airbnb Rental Income: $1597

Traditional Rental Income: $2236

Airbnb ROI: 3.75%

Traditional ROI: 9.05%

415 N Washington Street

Warsaw, IN

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

2 beds | 1 baths | 715 sq.ft.

$369,900

Airbnb cash on cash: 1.17%

Traditional cash on cash: 1.67%

Airbnb Rental Income: $1597

Traditional Rental Income: $1313

Airbnb ROI: 1.17%

Traditional ROI: 1.67%

3481 N Nancy Drive

Warsaw, IN

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

$332,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.65%

Airbnb Rental Income: $null

Traditional Rental Income: $3057

Airbnb ROI: N/A

Traditional ROI: 7.65%

2137 Bluewater Drive

Warsaw, IN

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

$349,900

Airbnb cash on cash: 2.09%

Traditional cash on cash: 5.6%

Airbnb Rental Income: $1908

Traditional Rental Income: $2553

Airbnb ROI: 2.09%