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
106 N Buffalo Street #202 Warsaw, IN Here is your opportunity to own a beautiful piece of historic downtown Warsaw! This one be...	1 beds \| 1 baths \| 968 sq.ft.	$187,000	Airbnb cash on cash: 0.41% Traditional cash on cash: 0.15% Airbnb Rental Income: $1357 Traditional Rental Income: $896 Airbnb ROI: 0.41% Traditional ROI: 0.15%
1827 Sharon Street Warsaw, IN Back on the market at no fault of the sellers. Welcome to this well-maintained 3 bedroom, ...	3 beds \| 1 baths \| 900 sq.ft.	$170,000	Airbnb cash on cash: 5% Traditional cash on cash: 5.47% Airbnb Rental Income: $1713 Traditional Rental Income: $1315 Airbnb ROI: 5% Traditional ROI: 5.47%
1732 S Country Club Road Warsaw, IN Updated one story is in move-in ready condition. Two bedrooms, one full bath with walk in...	2 beds \| 1 baths \| 864 sq.ft.	$169,000	Airbnb cash on cash: 3.9% Traditional cash on cash: 5.14% Airbnb Rental Income: $1388 Traditional Rental Income: $1168 Airbnb ROI: 3.9% Traditional ROI: 5.14%
3481 N Nancy Dr Leesburg, IN Significant Price Reduction! Immediate possession available with this 5 BR 3.5 bath vinyl ...	5 beds \| 4 baths \| 2,455 sq.ft.	$320,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.97% Airbnb Rental Income: $null Traditional Rental Income: $3057 Airbnb ROI: N/A Traditional ROI: 7.97%
2563 S Woodland Trl 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.	$259,000	Airbnb cash on cash: 3.09% Traditional cash on cash: 6.58% Airbnb Rental Income: $1713 Traditional Rental Income: $2091 Airbnb ROI: 3.09% Traditional ROI: 6.58%
3639 S Bruner Rd Burket, IN Lake front home located on Palestine lake. Property features 89 feet of lake frontage, dou...	2 beds \| 2 baths \| 1,376 sq.ft.	$222,000	Airbnb cash on cash: 2.71% Traditional cash on cash: 7.69% Airbnb Rental Income: $1388 Traditional Rental Income: $2015 Airbnb ROI: 2.71% Traditional ROI: 7.69%
280 Gilliam Dr Warsaw, IN OPEN HOUSE SUNDAY, FEB 1 FROM 1-3PM!! Welcome to this gorgeous, custom built home situ...	3 beds \| 2 baths \| 3,078 sq.ft.	$445,000	Airbnb cash on cash: -0.06% Traditional cash on cash: 3.46% Airbnb Rental Income: $1713 Traditional Rental Income: $2702 Airbnb ROI: -0.06% Traditional ROI: 3.46%
708 E Center St 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: 3.47% Traditional cash on cash: 5.86% Airbnb Rental Income: $1713 Traditional Rental Income: $1725 Airbnb ROI: 3.47% Traditional ROI: 5.86%
1324 Copeland Street Warsaw, IN OPEN HOUSE CANCELLED TO DUE ACCEPTED OFFER Welcome to this beautiful, fully updated ra...	3 beds \| 2 baths \| 1,995 sq.ft.	$264,900	Airbnb cash on cash: 2.85% Traditional cash on cash: 6.71% Airbnb Rental Income: $1713 Traditional Rental Income: $2203 Airbnb ROI: 2.85% Traditional ROI: 6.71%
1516 E Jefferson St Warsaw, IN OPEN HOUSE Monday Jan 12th 4pm-6pm Step inside this move-in-ready charmer located in the...	3 beds \| 1 baths \| 1,471 sq.ft.	$210,000	Airbnb cash on cash: 3.83% Traditional cash on cash: 4.85% Airbnb Rental Income: $1713 Traditional Rental Income: $1443 Airbnb ROI: 3.83% Traditional ROI: 4.85%
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 Dr Winona Lake, 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%
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%
1832 Nye Street Warsaw, IN Updates within the last year include a brand-new A/C unit, new flooring throughout, update...	4 beds \| 1 baths \| 1,200 sq.ft.	$175,000	Airbnb cash on cash: 3.21% Traditional cash on cash: 6.76% Airbnb Rental Income: $1259 Traditional Rental Income: $1452 Airbnb ROI: 3.21% Traditional ROI: 6.76%
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.	$189,000	Airbnb cash on cash: 0.62% Traditional cash on cash: 4.38% Airbnb Rental Income: $1388 Traditional Rental Income: $1644 Airbnb ROI: 0.62% Traditional ROI: 4.38%
506 Bay Circle Dr 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%
800 E Arthur St #I1 Warsaw, IN *MOTIVATED SELLER* Low-maintenance living with access to Pike Lake at this 2 bedroom, ...	2 beds \| 2 baths \| 928 sq.ft.	$200,000	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%
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%
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%
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.	$167,000	Airbnb cash on cash: 5.58% Traditional cash on cash: 7.12% Airbnb Rental Income: $1713 Traditional Rental Income: $1484 Airbnb ROI: 5.58% Traditional ROI: 7.12%
120 Park Ridge Drive Warsaw, IN Welcome home to Park Ridge! Built by Granite Ridge Builders offers just the right blend of...	3 beds \| 3 baths \| 1,557 sq.ft.	$278,000	Airbnb cash on cash: 2.39% Traditional cash on cash: 5.95% Airbnb Rental Income: $1713 Traditional Rental Income: $2172 Airbnb ROI: 2.39% Traditional ROI: 5.95%
717 E Market Street Warsaw, IN Motivated seller! Charming 3-bed, 2-bath home located within Warsaw city limits, just a fe...	3 beds \| 2 baths \| 1,534 sq.ft.	$174,900	Airbnb cash on cash: 5.29% Traditional cash on cash: 9.28% Airbnb Rental Income: $1713 Traditional Rental Income: $1903 Airbnb ROI: 5.29% Traditional ROI: 9.28%
106 Ems C30 Ln 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: 2% Traditional cash on cash: 6.4% Airbnb Rental Income: $1713 Traditional Rental Income: $2685 Airbnb ROI: 2% Traditional ROI: 6.4%
1038 W 200 S Warsaw, IN OPEN HOUSE - Sunday - 2/1/2026 - 1-3p This newly renovated home in Warsaw blends moder...	3 beds \| 2 baths \| 2,956 sq.ft.	$359,900	Airbnb cash on cash: 2.06% Traditional cash on cash: 5.31% Airbnb Rental Income: $1713 Traditional Rental Income: $2337 Airbnb ROI: 2.06% Traditional ROI: 5.31%

Real Estate investment in Warsaw, IN

There are 105 properties for sale in the city of Warsaw . The median list price in Warsaw is $299,995 and the average price per square foot is $142. In February 2026, the average monthly cash on cash return in Warsaw is 6.00%. The average monthly rental income in Warsaw is $2,217.

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 $2,217.

Your search for investment property begins and ends here

Investment Property for Sale in Warsaw, IN

106 N Buffalo Street #202

Warsaw, IN

1 beds | 1 baths | 968 sq.ft.

$187,000

Airbnb cash on cash: 0.41%

Traditional cash on cash: 0.15%

Airbnb Rental Income: $1357

Traditional Rental Income: $896

Airbnb ROI: 0.41%

Traditional ROI: 0.15%

1827 Sharon Street

Warsaw, IN

3 beds | 1 baths | 900 sq.ft.

$170,000

Airbnb cash on cash: 5%

Traditional cash on cash: 5.47%

Airbnb Rental Income: $1713

Traditional Rental Income: $1315

Airbnb ROI: 5%

Traditional ROI: 5.47%

1732 S Country Club Road

Warsaw, IN

2 beds | 1 baths | 864 sq.ft.

$169,000

Airbnb cash on cash: 3.9%

Traditional cash on cash: 5.14%

Airbnb Rental Income: $1388

Traditional Rental Income: $1168

Airbnb ROI: 3.9%

Traditional ROI: 5.14%

3481 N Nancy Dr

Leesburg, IN

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

$320,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.97%

Airbnb Rental Income: $null

Traditional Rental Income: $3057

Airbnb ROI: N/A

Traditional ROI: 7.97%

2563 S Woodland Trl

Warsaw, IN

3 beds | 3 baths | 1,486 sq.ft.

$259,000

Airbnb cash on cash: 3.09%

Traditional cash on cash: 6.58%

Airbnb Rental Income: $1713

Traditional Rental Income: $2091

Airbnb ROI: 3.09%

Traditional ROI: 6.58%

3639 S Bruner Rd

Burket, IN

2 beds | 2 baths | 1,376 sq.ft.

$222,000

Airbnb cash on cash: 2.71%

Traditional cash on cash: 7.69%

Airbnb Rental Income: $1388

Traditional Rental Income: $2015

Airbnb ROI: 2.71%

Traditional ROI: 7.69%

280 Gilliam Dr

Warsaw, IN

3 beds | 2 baths | 3,078 sq.ft.

$445,000

Airbnb cash on cash: -0.06%

Traditional cash on cash: 3.46%

Airbnb Rental Income: $1713

Traditional Rental Income: $2702

Airbnb ROI: -0.06%

Traditional ROI: 3.46%

708 E Center St

Warsaw, IN

3 beds | 2 baths | 1,908 sq.ft.

$214,900

Airbnb cash on cash: 3.47%

Traditional cash on cash: 5.86%

Airbnb Rental Income: $1713

Traditional Rental Income: $1725

Airbnb ROI: 3.47%