Real Estate Investment Properties for Sale in Elkhart, IN

Looking for investment property in Elkhart, IN with high ROI ?

Explore a variety of short-term homes & houses in Elkhart, IN. Invest wisely with VRBO & Elkhart, 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 Elkhart, IN

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
54039 County Road 5 Elkhart, IN BACK ON MARKET DUE TO NO FAULT OF THE SELLER Looking for a project house that needs so...	2 beds \| 1 baths \| 1,080 sq.ft.	$150,000	Airbnb cash on cash: 2.34% Traditional cash on cash: 8.72% Airbnb Rental Income: $999 Traditional Rental Income: $1559 Airbnb ROI: 2.34% Traditional ROI: 8.72%
22722 Fair Oaks Court Elkhart, IN This beautifully maintained 2,500 sq. ft. home offers comfort, style, and functionality at...	4 beds \| 3 baths \| 2,505 sq.ft.	$379,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.26% Airbnb Rental Income: $null Traditional Rental Income: $2962 Airbnb ROI: N/A Traditional ROI: 6.26%
1266 N Main Street Elkhart, IN This charming 2 bedroom, 1 bath home is the perfect starter home. Step inside to an inviti...	2 beds \| 1 baths \| 700 sq.ft.	$123,500	Airbnb cash on cash: 3.14% Traditional cash on cash: 7.94% Airbnb Rental Income: $999 Traditional Rental Income: $1215 Airbnb ROI: 3.14% Traditional ROI: 7.94%
115 Hollywood Avenue Elkhart, IN Beautifully renovated 3-bedroom ranch home situated on a large corner lot in a great Elkha...	3 beds \| 2 baths \| 1,652 sq.ft.	$245,000	Airbnb cash on cash: 0.23% Traditional cash on cash: 5.29% Airbnb Rental Income: $887 Traditional Rental Income: $1723 Airbnb ROI: 0.23% Traditional ROI: 5.29%
100 S Michigan Street Elkhart, IN This is an exceptional opportunity for investors looking to expand their portfolio or ente...	8 beds \| 4 baths \| 5,970 sq.ft.	$375,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.1% Airbnb Rental Income: $null Traditional Rental Income: $1735 Airbnb ROI: N/A Traditional ROI: 3.1%
50750 Jonathan Drive Elkhart, IN Tucked away at the end of a quiet cul-de-sac in Hampton Woods, this well-kept two-story ho...	4 beds \| 3 baths \| 2,986 sq.ft.	$349,500	Airbnb cash on cash: N/A Traditional cash on cash: 8.01% Airbnb Rental Income: $null Traditional Rental Income: $3109 Airbnb ROI: N/A Traditional ROI: 8.01%
29671 County Road 4 Elkhart, IN Luxury meets comfort in this recently renovated 4-bed, 3.5-bath home on 1.6 acres! Enjoy a...	4 beds \| 4 baths \| 3,980 sq.ft.	$614,999	Airbnb cash on cash: N/A Traditional cash on cash: 4.83% Airbnb Rental Income: $null Traditional Rental Income: $4002 Airbnb ROI: N/A Traditional ROI: 4.83%
50938 N Shore Drive Elkhart, IN Experience lakeside living at its finest on beautiful Simonton Lake! This fully remodeled ...	2 beds \| 1 baths \| 1,590 sq.ft.	$580,000	Airbnb cash on cash: -0.58% Traditional cash on cash: 1.44% Airbnb Rental Income: $999 Traditional Rental Income: $1736 Airbnb ROI: -0.58% Traditional ROI: 1.44%
1077 Greenleaf Boulevard #214 Elkhart, IN Fabulous Greenleaf Condominium! Donât miss this beautifully updated 2-bedroom, 2-bath co...	2 beds \| 2 baths \| 1,291 sq.ft.	$185,000	Airbnb cash on cash: -1.18% Traditional cash on cash: 5.35% Airbnb Rental Income: $999 Traditional Rental Income: $1792 Airbnb ROI: -1.18% Traditional ROI: 5.35%
23236 Kingsland Court Elkhart, IN Seller offering $2500 credit towards closing costs Welcome home to 23236 Kingsland C...	4 beds \| 3 baths \| 2,484 sq.ft.	$338,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.11% Airbnb Rental Income: $null Traditional Rental Income: $2923 Airbnb ROI: N/A Traditional ROI: 7.11%
804 E Bristol Street Elkhart, IN Multiple offers - Highest and Best 11/19 by 4:30 pm Close to everything and a great n...	3 beds \| 1 baths \| 960 sq.ft.	$159,900	Airbnb cash on cash: 0.28% Traditional cash on cash: 6.63% Airbnb Rental Income: $887 Traditional Rental Income: $1520 Airbnb ROI: 0.28% Traditional ROI: 6.63%
1323 Laurel Street Elkhart, IN Welcome to this charming 3-bedroom, 1-bath ranch offering comfort, convenience, and an inv...	3 beds \| 1 baths \| 1,168 sq.ft.	$194,900	Airbnb cash on cash: 0.85% Traditional cash on cash: 6.96% Airbnb Rental Income: $887 Traditional Rental Income: $1682 Airbnb ROI: 0.85% Traditional ROI: 6.96%
124 S Vine Street Elkhart, IN Charming all-brick, two-story home featuring oak hardwood floors throughout and stunning h...	3 beds \| 2 baths \| 1,732 sq.ft.	$192,500	Airbnb cash on cash: 0.59% Traditional cash on cash: 9.8% Airbnb Rental Income: $887 Traditional Rental Income: $2235 Airbnb ROI: 0.59% Traditional ROI: 9.8%
1709 Wood Street Elkhart, IN Look no further than 1709 Wood Street! This adorable 2 bedroom, 1 bath home in Elkhart is ...	2 beds \| 1 baths \| 768 sq.ft.	$169,900	Airbnb cash on cash: 1.73% Traditional cash on cash: 3.84% Airbnb Rental Income: $999 Traditional Rental Income: $985 Airbnb ROI: 1.73% Traditional ROI: 3.84%
23697 Greenleaf Boulevard Elkhart, IN Welcome to Greenleaf Blvd, Investors looking for a Vrbo in Elkhart, Ind. This is your hous...	4 beds \| 2 baths \| 1,889 sq.ft.	$260,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.57% Airbnb Rental Income: $null Traditional Rental Income: $2593 Airbnb ROI: N/A Traditional ROI: 8.57%
216 Floyd Street Elkhart, IN Great starter home or investment opportunity. Just needs a little TLC mainly cosmetic pain...	3 beds \| 1 baths \| 1,056 sq.ft.	$149,900	Airbnb cash on cash: 1.39% Traditional cash on cash: 8.68% Airbnb Rental Income: $887 Traditional Rental Income: $1595 Airbnb ROI: 1.39% Traditional ROI: 8.68%
1534 Cone Street Elkhart, IN Investment Opportunity! This charming 2-bedroom, 1-bath home is tenant-occupied with lease...	2 beds \| 1 baths \| 1,056 sq.ft.	$149,000	Airbnb cash on cash: 2.02% Traditional cash on cash: 7.36% Airbnb Rental Income: $999 Traditional Rental Income: $1405 Airbnb ROI: 2.02% Traditional ROI: 7.36%
960 E Jackson, 302 Boulevard Elkhart, IN Last available penthouse in the 900 JCKSN Condos. This penthouse unit with amazing views o...	3 beds \| 4 baths \| 2,861 sq.ft.	$1,249,900	Airbnb cash on cash: -3.39% Traditional cash on cash: -0.74% Airbnb Rental Income: $887 Traditional Rental Income: $3627 Airbnb ROI: -3.39% Traditional ROI: -0.74%
1536 EDWARDSUBRG AVE Elkhart, IN Invest with success and buy through Auction.com. This bank-owned investment property is a ...	3 beds \| 1 baths \| 1,870 sq.ft.	$188,000	Airbnb cash on cash: 1.54% Traditional cash on cash: 7.47% Airbnb Rental Income: $887 Traditional Rental Income: $1611 Airbnb ROI: 1.54% Traditional ROI: 7.47%
1030 Middlebury Street Elkhart, IN Completely updated two-bedroom, two-bath home located just minutes from downtown restauran...	2 beds \| 2 baths \| 1,324 sq.ft.	$139,900	Airbnb cash on cash: 2.55% Traditional cash on cash: 11.6% Airbnb Rental Income: $999 Traditional Rental Income: $1858 Airbnb ROI: 2.55% Traditional ROI: 11.6%
1007 Mason Street Elkhart, IN Check out this three bedroom home with one full bathroom updated with all new flooring, ca...	3 beds \| 1 baths \| 1,424 sq.ft.	$135,900	Airbnb cash on cash: 1.71% Traditional cash on cash: 9.39% Airbnb Rental Income: $887 Traditional Rental Income: $1552 Airbnb ROI: 1.71% Traditional ROI: 9.39%
1706 Cobblestone Boulevard Elkhart, IN Welcome to this charming three-bedroom, two-bathroom villa in Cobblestone. It has been bea...	3 beds \| 2 baths \| 1,725 sq.ft.	$349,500	Airbnb cash on cash: -0.62% Traditional cash on cash: 2.28% Airbnb Rental Income: $887 Traditional Rental Income: $1502 Airbnb ROI: -0.62% Traditional ROI: 2.28%
22147 Sunset Lane Elkhart, IN MUST SEE HOME - Wake up to amazing river views! This turnkey Riverlan Isles retreat offers...	3 beds \| 3 baths \| 1,878 sq.ft.	$569,500	Airbnb cash on cash: -1.21% Traditional cash on cash: 2.89% Airbnb Rental Income: $887 Traditional Rental Income: $2734 Airbnb ROI: -1.21% Traditional ROI: 2.89%
806 Clarinet Boulevard Elkhart, IN Beautifully Maintained and Move-In Ready! This affordable condo 2 bed/1 bath has been lovi...	2 beds \| 1 baths \| 783 sq.ft.	$109,000	Airbnb cash on cash: 2.21% Traditional cash on cash: 6.13% Airbnb Rental Income: $999 Traditional Rental Income: $1057 Airbnb ROI: 2.21% Traditional ROI: 6.13%
225 W Washington Elkhart, IN Located close to all that downtown Elkhart has to offer like the Riverwalk, restaurants, s...	4 beds \| 2 baths \| 1,512 sq.ft.	$165,900	Airbnb cash on cash: N/A Traditional cash on cash: 10.83% Airbnb Rental Income: $null Traditional Rental Income: $2078 Airbnb ROI: N/A Traditional ROI: 10.83%
54290 Northwood Drive Elkhart, IN Welcome home to 54290 Northwood Drive! This fully remodeled home in Elkhart features 3 bed...	3 beds \| 1 baths \| 1,008 sq.ft.	$199,900	Airbnb cash on cash: 1.35% Traditional cash on cash: 6.45% Airbnb Rental Income: $887 Traditional Rental Income: $1517 Airbnb ROI: 1.35% Traditional ROI: 6.45%
419 W High Street Elkhart, IN The moment you step through the front door your feet touch gleaming hardwood floors with a...	4 beds \| 2 baths \| 2,110 sq.ft.	$249,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.2% Airbnb Rental Income: $null Traditional Rental Income: $2496 Airbnb ROI: N/A Traditional ROI: 8.2%
58489 County Road 9 Elkhart, IN Brand new siding, roof, trim paint, and added shrubs for enhanced privacy. 3 acres in Conc...	4 beds \| 3 baths \| 3,016 sq.ft.	$420,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.01% Airbnb Rental Income: $null Traditional Rental Income: $3437 Airbnb ROI: N/A Traditional ROI: 7.01%
3009 East Lake Drive South Elkhart, IN Welcome to East Lake Estatesâone of Elkhartâs most desirable northside neighborhoods! ...	4 beds \| 3 baths \| 2,947 sq.ft.	$374,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.02% Airbnb Rental Income: $null Traditional Rental Income: $3111 Airbnb ROI: N/A Traditional ROI: 7.02%
23714 US Highway 33 Elkhart, IN Spacious 5-Bedroom Home with Special Use Permit for Salon â Ideal Live/Work Opportunity!...	5 beds \| 3 baths \| 2,840 sq.ft.	$299,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.27% Airbnb Rental Income: $null Traditional Rental Income: $3347 Airbnb ROI: N/A Traditional ROI: 9.27%
29942 Connecticut Avenue Elkhart, IN Fully renovated and move-in ready, this spacious home in the Jimtown School District offer...	4 beds \| 2 baths \| 2,096 sq.ft.	$299,500	Airbnb cash on cash: N/A Traditional cash on cash: 4.43% Airbnb Rental Income: $null Traditional Rental Income: $1784 Airbnb ROI: N/A Traditional ROI: 4.43%
234 Alfred Street Elkhart, IN Just in time for the Holidays! This super cute home with large finished basement is just A...	2 beds \| 1 baths \| 1,268 sq.ft.	$185,000	Airbnb cash on cash: 1.53% Traditional cash on cash: 4.35% Airbnb Rental Income: $999 Traditional Rental Income: $1139 Airbnb ROI: 1.53% Traditional ROI: 4.35%
226/228 & 230 W Jackson Boulevard Elkhart, IN Investment opportunity in Elkhart. 21 units in 2 apartment buildings (16 units) and (5 uni...	20 beds \| 21 baths \| 14,872 sq.ft.	$900,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.87% Airbnb Rental Income: $null Traditional Rental Income: $5794 Airbnb ROI: N/A Traditional ROI: 4.87%
1321 E Jackson Boulevard Elkhart, IN This is a short sale and is being sold as-is, cash offers only, the seller is unable to ma...	4 beds \| 2 baths \| 1,756 sq.ft.	$179,900	Airbnb cash on cash: N/A Traditional cash on cash: 10.85% Airbnb Rental Income: $null Traditional Rental Income: $2380 Airbnb ROI: N/A Traditional ROI: 10.85%
57300 Keltner Road Elkhart, IN Pending At Print.	3 beds \| 2 baths \| 1,014 sq.ft.	$192,000	Airbnb cash on cash: 0.32% Traditional cash on cash: 7.2% Airbnb Rental Income: $887 Traditional Rental Income: $1804 Airbnb ROI: 0.32% Traditional ROI: 7.2%
51044 Spotted Eagle Drive Elkhart, IN Welcome to this beautifully crafted two-story home with high-end features. At the heart o...	5 beds \| 4 baths \| 3,978 sq.ft.	$879,000	Airbnb cash on cash: N/A Traditional cash on cash: 3% Airbnb Rental Income: $null Traditional Rental Income: $3944 Airbnb ROI: N/A Traditional ROI: 3%
2554 Timberstone Drive East Elkhart, IN BRAND NEW BUILD ON A NATURAL POND---Still plenty of time to make it yours!! This gem wil...	3 beds \| 3 baths \| 2,100 sq.ft.	$444,900	Airbnb cash on cash: -0.83% Traditional cash on cash: 4.98% Airbnb Rental Income: $887 Traditional Rental Income: $2973 Airbnb ROI: -0.83% Traditional ROI: 4.98%
55045 Cobus Lane Elkhart, IN Looking for a waterfront home! Don't wait, this one is not going to last long! This great ...	3 beds \| 3 baths \| 2,266 sq.ft.	$280,000	Airbnb cash on cash: -0.05% Traditional cash on cash: 9.65% Airbnb Rental Income: $887 Traditional Rental Income: $3109 Airbnb ROI: -0.05% Traditional ROI: 9.65%
1656 W Lexington Elkhart, IN Brand New construction! This open concept home is move in ready with 3 bedrooms, 2.5 baths...	3 beds \| 3 baths \| 1,704 sq.ft.	$345,000	Airbnb cash on cash: 0.34% Traditional cash on cash: 6.66% Airbnb Rental Income: $887 Traditional Rental Income: $2596 Airbnb ROI: 0.34% Traditional ROI: 6.66%
30330 Pine Bluff Drive Elkhart, IN This like-new modern 4-bedroom, 3-bath home in Baugo Schools delivers a thoughtfully desig...	4 beds \| 3 baths \| 3,236 sq.ft.	$459,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.77% Airbnb Rental Income: $null Traditional Rental Income: $3395 Airbnb ROI: N/A Traditional ROI: 5.77%

Real Estate investment in Elkhart, IN

There are 136 properties for sale in the city of Elkhart . The median list price in Elkhart is $269,450 and the average price per square foot is $128. In December 2025, the average monthly cash on cash return in Elkhart is 7.00%. The average monthly rental income in Elkhart is $2,304.

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

There are 136 investment properties available for sale in Elkhart.

In 2025, the best neighborhood to buy investment property is Dunlap.

The ROI for Short-Term is higher than the Long-Term in Elkhart with average rental income of $887.

Your search for investment property begins and ends here

Investment Property for Sale in Elkhart, IN

54039 County Road 5

Elkhart, IN

2 beds | 1 baths | 1,080 sq.ft.

$150,000

Airbnb cash on cash: 2.34%

Traditional cash on cash: 8.72%

Airbnb Rental Income: $999

Traditional Rental Income: $1559

Airbnb ROI: 2.34%

Traditional ROI: 8.72%

22722 Fair Oaks Court

Elkhart, IN

4 beds | 3 baths | 2,505 sq.ft.

$379,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.26%

Airbnb Rental Income: $null

Traditional Rental Income: $2962

Airbnb ROI: N/A

Traditional ROI: 6.26%

1266 N Main Street

Elkhart, IN

2 beds | 1 baths | 700 sq.ft.

$123,500

Airbnb cash on cash: 3.14%

Traditional cash on cash: 7.94%

Airbnb Rental Income: $999

Traditional Rental Income: $1215

Airbnb ROI: 3.14%

Traditional ROI: 7.94%

115 Hollywood Avenue

Elkhart, IN

3 beds | 2 baths | 1,652 sq.ft.

$245,000

Airbnb cash on cash: 0.23%

Traditional cash on cash: 5.29%

Airbnb Rental Income: $887

Traditional Rental Income: $1723

Airbnb ROI: 0.23%

Traditional ROI: 5.29%

100 S Michigan Street

Elkhart, IN

8 beds | 4 baths | 5,970 sq.ft.

$375,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.1%

Airbnb Rental Income: $null

Traditional Rental Income: $1735

Airbnb ROI: N/A

Traditional ROI: 3.1%

50750 Jonathan Drive

Elkhart, IN

4 beds | 3 baths | 2,986 sq.ft.

$349,500

Airbnb cash on cash: N/A

Traditional cash on cash: 8.01%

Airbnb Rental Income: $null

Traditional Rental Income: $3109

Airbnb ROI: N/A

Traditional ROI: 8.01%

29671 County Road 4

Elkhart, IN

4 beds | 4 baths | 3,980 sq.ft.

$614,999

Airbnb cash on cash: N/A

Traditional cash on cash: 4.83%

Airbnb Rental Income: $null

Traditional Rental Income: $4002

Airbnb ROI: N/A

Traditional ROI: 4.83%

50938 N Shore Drive

Elkhart, IN

2 beds | 1 baths | 1,590 sq.ft.

$580,000

Airbnb cash on cash: -0.58%

Traditional cash on cash: 1.44%

Airbnb Rental Income: $999

Traditional Rental Income: $1736

Airbnb ROI: -0.58%