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.	$415,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.8% Airbnb Rental Income: $null Traditional Rental Income: $2741 Airbnb ROI: N/A Traditional ROI: 4.8%
21 EMS C19 Lane Warsaw, IN Whether you're searching for a relaxing weekend retreat or a comfortable year-round reside...	2 beds \| 2 baths \| 1,650 sq.ft.	$439,900	Airbnb cash on cash: 0.37% Traditional cash on cash: 1.94% Airbnb Rental Income: $1505 Traditional Rental Income: $1712 Airbnb ROI: 0.37% Traditional ROI: 1.94%
246 N Beechwood Street Warsaw, IN This charming all-brick ranch home would love to have you as it's new owner! Spend your mo...	3 beds \| 2 baths \| 1,437 sq.ft.	$289,900	Airbnb cash on cash: 1.28% Traditional cash on cash: 5.36% Airbnb Rental Income: $1155 Traditional Rental Income: $1888 Airbnb ROI: 1.28% Traditional ROI: 5.36%
1828 Sue Avenue Warsaw, IN Charming and move-in ready 2-bedroom, 1 bath home offering comfortable living space! You'l...	2 beds \| 1 baths \| 864 sq.ft.	$184,900	Airbnb cash on cash: 3.92% Traditional cash on cash: 4.74% Airbnb Rental Income: $1505 Traditional Rental Income: $1210 Airbnb ROI: 3.92% Traditional ROI: 4.74%
202 Sandpoint Drive Warsaw, IN Welcome to this 3-bedroom, 2-bath home nestled in a quiet, desirable neighborhood! This we...	3 beds \| 2 baths \| 2,096 sq.ft.	$342,900	Airbnb cash on cash: 0.33% Traditional cash on cash: 4.73% Airbnb Rental Income: $1155 Traditional Rental Income: $2188 Airbnb ROI: 0.33% Traditional ROI: 4.73%
1716 S West Point Drive Warsaw, IN Welcome to this charming and thoughtfully updated 3-bedroom, 1-bath home offering 988 squa...	3 beds \| 1 baths \| 988 sq.ft.	$199,900	Airbnb cash on cash: 1.72% Traditional cash on cash: 4.67% Airbnb Rental Income: $1155 Traditional Rental Income: $1334 Airbnb ROI: 1.72% Traditional ROI: 4.67%
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%
2137 Bluewater Drive Warsaw, IN EXTREMELY MOTIVATED SELLERS!!! Lake life at its best in this beautiful brick ranch! Featu...	3 beds \| 2 baths \| 1,856 sq.ft.	$324,900	Airbnb cash on cash: 0.27% Traditional cash on cash: 6.1% Airbnb Rental Income: $1155 Traditional Rental Income: $2553 Airbnb ROI: 0.27% Traditional ROI: 6.1%
2414 Sally Street Warsaw, IN Welcome to this beautiful ranch style home in Meadowbrook addition! With a full interior r...	3 beds \| 3 baths \| 1,427 sq.ft.	$275,000	Airbnb cash on cash: 0.89% Traditional cash on cash: 4.49% Airbnb Rental Income: $1155 Traditional Rental Income: $1705 Airbnb ROI: 0.89% Traditional ROI: 4.49%
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.	$480,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.7% Airbnb Rental Income: $null Traditional Rental Income: $2707 Airbnb ROI: N/A Traditional ROI: 3.7%
1321 S Honeybee Court Warsaw, IN LIKE BRAND new 3 Bedroom, 2 Bath ranch home built by Majestic Builders. Open concept with...	3 beds \| 2 baths \| 2,579 sq.ft.	$479,000	Airbnb cash on cash: -0.73% Traditional cash on cash: 1.8% Airbnb Rental Income: $1155 Traditional Rental Income: $1907 Airbnb ROI: -0.73% Traditional ROI: 1.8%
2228 E Market Street Warsaw, IN Positioned on a corner lot near one of Warsawâs most active corridors, this home offers ...	3 beds \| 2 baths \| 1,728 sq.ft.	$190,000	Airbnb cash on cash: 1.86% Traditional cash on cash: 8.1% Airbnb Rental Income: $1155 Traditional Rental Income: $1901 Airbnb ROI: 1.86% Traditional ROI: 8.1%
3940 E Kings Pass Warsaw, IN Your Dream Home Awaits. Get ready to fall in love with this bright, beautiful two-story ho...	4 beds \| 3 baths \| 2,132 sq.ft.	$429,999	Airbnb cash on cash: N/A Traditional cash on cash: 4.56% Airbnb Rental Income: $null Traditional Rental Income: $2717 Airbnb ROI: N/A Traditional ROI: 4.56%
2152 Heather Court Warsaw, IN Beautiful 3 bed, 2.5 bath home in the popular Park Ridge subdivision! This well-designed h...	3 beds \| 3 baths \| 3,185 sq.ft.	$389,900	Airbnb cash on cash: -0.24% Traditional cash on cash: 4.05% Airbnb Rental Income: $1155 Traditional Rental Income: $2339 Airbnb ROI: -0.24% Traditional ROI: 4.05%
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.	$379,900	Airbnb cash on cash: N/A Traditional cash on cash: 10.41% Airbnb Rental Income: $null Traditional Rental Income: $4467 Airbnb ROI: N/A Traditional ROI: 10.41%
820 Lydia Drive Warsaw, IN Welcome home to this spacious and beautifully maintained 4-bedroom, 2.5-bath property offe...	4 beds \| 3 baths \| 2,276 sq.ft.	$335,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.39% Airbnb Rental Income: $null Traditional Rental Income: $2706 Airbnb ROI: N/A Traditional ROI: 6.39%
3250 N Ashford Court Warsaw, IN Welcome to the desirable Dells neighborhood, where mature trees and a peaceful setting cre...	3 beds \| 3 baths \| 2,745 sq.ft.	$389,900	Airbnb cash on cash: 0.35% Traditional cash on cash: 5.73% Airbnb Rental Income: $1155 Traditional Rental Income: $2740 Airbnb ROI: 0.35% Traditional ROI: 5.73%
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: N/A Traditional cash on cash: 4.05% Airbnb Rental Income: $null Traditional Rental Income: $2858 Airbnb ROI: N/A 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: N/A Traditional cash on cash: 4.6% Airbnb Rental Income: $null Traditional Rental Income: $2194 Airbnb ROI: N/A Traditional ROI: 4.6%
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: -0.62% Traditional cash on cash: 1.66% Airbnb Rental Income: $1155 Traditional Rental Income: $1776 Airbnb ROI: -0.62% Traditional ROI: 1.66%
526 Nancy Street Warsaw, IN This beautifully updated two-story home offers 4 bedrooms, 2.5 baths, and a 2-car garage i...	4 beds \| 3 baths \| 2,253 sq.ft.	$332,500	Airbnb cash on cash: N/A Traditional cash on cash: 4.4% Airbnb Rental Income: $null Traditional Rental Income: $2003 Airbnb ROI: N/A Traditional ROI: 4.4%
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.	$170,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.74% Airbnb Rental Income: $null Traditional Rental Income: $1215 Airbnb ROI: N/A Traditional ROI: 4.74%
331 Salman Drive Warsaw, IN Super charming & absolutely gorgeous completely updated (gutted to studs & renovated) ranc...	4 beds \| 3 baths \| 2,846 sq.ft.	$394,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.61% Airbnb Rental Income: $null Traditional Rental Income: $2849 Airbnb ROI: N/A Traditional ROI: 5.61%
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.	$409,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.14% Airbnb Rental Income: $null Traditional Rental Income: $2597 Airbnb ROI: N/A Traditional ROI: 5.14%
3395 N 600 E Road Warsaw, IN Enjoy peaceful country living on this beautiful one-acre property, just minutes from the d...	3 beds \| 2 baths \| 1,624 sq.ft.	$349,900	Airbnb cash on cash: 0.85% Traditional cash on cash: 4.58% Airbnb Rental Income: $1155 Traditional Rental Income: $2000 Airbnb ROI: 0.85% Traditional ROI: 4.58%
2867 E Lake Tahoe Trail Warsaw, IN This is a newer custom built Home and is located in beautiful Shadow Lakes Estates. Open ...	4 beds \| 3 baths \| 3,392 sq.ft.	$569,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.52% Airbnb Rental Income: $null Traditional Rental Income: $2972 Airbnb ROI: N/A Traditional ROI: 3.52%
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: N/A Traditional cash on cash: -0.22% Airbnb Rental Income: $null Traditional Rental Income: $2472 Airbnb ROI: N/A Traditional ROI: -0.22%
4715 W 200 South Road Warsaw, IN 19 Acres close to Warsaw with woods, trails & room for farm animals. Newer 72x50 insulat...	4 beds \| 3 baths \| 4,112 sq.ft.	$799,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.1% Airbnb Rental Income: $null Traditional Rental Income: $2796 Airbnb ROI: N/A Traditional ROI: 2.1%
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.	$130,000	Airbnb cash on cash: 3.66% Traditional cash on cash: 9.34% Airbnb Rental Income: $1155 Traditional Rental Income: $1484 Airbnb ROI: 3.66% Traditional ROI: 9.34%
800 E Arthur Street #H4 Warsaw, IN PIKE LAKEFRONT - Hands down these are the absolute most amazing views of the lake & the pa...	2 beds \| 2 baths \| 1,321 sq.ft.	$225,000	Airbnb cash on cash: 1.2% Traditional cash on cash: 6.25% Airbnb Rental Income: $1505 Traditional Rental Income: $2142 Airbnb ROI: 1.2% Traditional ROI: 6.25%
622 N Lincoln Street Warsaw, IN Completely refreshed and ready to impress, this beautifully updated home offers style, com...	3 beds \| 2 baths \| 1,212 sq.ft.	$255,000	Airbnb cash on cash: 1.14% Traditional cash on cash: 5.05% Airbnb Rental Income: $1155 Traditional Rental Income: $1714 Airbnb ROI: 1.14% Traditional ROI: 5.05%
1038 W 200 S Warsaw, IN OPEN HOUSE - Sunday - 4/26/2026 - 1-3p This newly renovated home in Warsaw blends mode...	3 beds \| 2 baths \| 2,956 sq.ft.	$349,900	Airbnb cash on cash: 0.73% Traditional cash on cash: 5.49% Airbnb Rental Income: $1155 Traditional Rental Income: $2337 Airbnb ROI: 0.73% Traditional ROI: 5.49%
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.	$789,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.88% Airbnb Rental Income: $null Traditional Rental Income: $6596 Airbnb ROI: N/A Traditional ROI: 5.88%
3844 E 400 N. Warsaw, IN Significant price reduction! Back on the market - The buyer's financing fell through... Th...	4 beds \| 2 baths \| 2,608 sq.ft.	$499,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.44% Airbnb Rental Income: $null Traditional Rental Income: $2370 Airbnb ROI: N/A Traditional ROI: 3.44%
703 Ross Avenue Warsaw, IN Immediate possession available with this brick and stone sided 3 bedroom 2 bath ranch with...	3 beds \| 2 baths \| 1,732 sq.ft.	$368,000	Airbnb cash on cash: 0.21% Traditional cash on cash: 4.92% Airbnb Rental Income: $1155 Traditional Rental Income: $2401 Airbnb ROI: 0.21% Traditional ROI: 4.92%
4239 S Kinsey Rd Warsaw, IN Located just south of Warsaw, Indiana, this beautiful property offers a spacious, well-bui...	4 beds \| 3 baths \| 3,274 sq.ft.	$849,800	Airbnb cash on cash: N/A Traditional cash on cash: 2.01% Airbnb Rental Income: $null Traditional Rental Income: $2751 Airbnb ROI: N/A Traditional ROI: 2.01%
14 EMS C14 Warsaw, IN Ready for lake life? Quick access to the sparkling waters of Chapman Lake via Chapman's Pu...	2 beds \| 2 baths \| 1,342 sq.ft.	$289,900	Airbnb cash on cash: 2.2% Traditional cash on cash: 5.24% Airbnb Rental Income: $1505 Traditional Rental Income: $1895 Airbnb ROI: 2.2% Traditional ROI: 5.24%
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: 1.74% Traditional cash on cash: 4% Airbnb Rental Income: $1505 Traditional Rental Income: $1723 Airbnb ROI: 1.74% Traditional ROI: 4%
* W Hoppus Rd Warsaw, IN ** W Hoppus Rd, Warsaw, IN 46580 \| Other	N/A beds \| N/A baths \| N/A	$482,240	Airbnb cash on cash: -0.34% Traditional cash on cash: -0.8% Airbnb Rental Income: $1155 Traditional Rental Income: $564 Airbnb ROI: -0.34% Traditional ROI: -0.8%
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%

Real Estate investment in Warsaw, IN

There are 78 properties for sale in the city of Warsaw . The median list price in Warsaw is $359,950 and the average price per square foot is $154. In May 2026, the average monthly cash on cash return in Warsaw is 5.00%. The average monthly rental income in Warsaw is $2,354.

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

There are 78 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 $2,354.

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.

$415,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.8%

Airbnb Rental Income: $null

Traditional Rental Income: $2741

Airbnb ROI: N/A

Traditional ROI: 4.8%

21 EMS C19 Lane

Warsaw, IN

2 beds | 2 baths | 1,650 sq.ft.

$439,900

Airbnb cash on cash: 0.37%

Traditional cash on cash: 1.94%

Airbnb Rental Income: $1505

Traditional Rental Income: $1712

Airbnb ROI: 0.37%

Traditional ROI: 1.94%

246 N Beechwood Street

Warsaw, IN

3 beds | 2 baths | 1,437 sq.ft.

$289,900

Airbnb cash on cash: 1.28%

Traditional cash on cash: 5.36%

Airbnb Rental Income: $1155

Traditional Rental Income: $1888

Airbnb ROI: 1.28%

Traditional ROI: 5.36%

1828 Sue Avenue

Warsaw, IN

2 beds | 1 baths | 864 sq.ft.

$184,900

Airbnb cash on cash: 3.92%

Traditional cash on cash: 4.74%

Airbnb Rental Income: $1505

Traditional Rental Income: $1210

Airbnb ROI: 3.92%

Traditional ROI: 4.74%

202 Sandpoint Drive

Warsaw, IN

3 beds | 2 baths | 2,096 sq.ft.

$342,900

Airbnb cash on cash: 0.33%

Traditional cash on cash: 4.73%

Airbnb Rental Income: $1155

Traditional Rental Income: $2188

Airbnb ROI: 0.33%

Traditional ROI: 4.73%

1716 S West Point Drive

Warsaw, IN

3 beds | 1 baths | 988 sq.ft.

$199,900

Airbnb cash on cash: 1.72%

Traditional cash on cash: 4.67%

Airbnb Rental Income: $1155

Traditional Rental Income: $1334

Airbnb ROI: 1.72%

Traditional ROI: 4.67%

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%

2137 Bluewater Drive

Warsaw, IN

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

$324,900

Airbnb cash on cash: 0.27%

Traditional cash on cash: 6.1%

Airbnb Rental Income: $1155

Traditional Rental Income: $2553

Airbnb ROI: 0.27%