Real Estate Investment Properties for Sale in Hammond, IN

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
2231 Davis Ave Hammond, IN 2231 Davis Ave, Hammond, IN 46320 \| Single Family Residential	4 beds \| 2 baths \| 2,684 sq.ft.	$699,900	Airbnb cash on cash: 0.51% Traditional cash on cash: 1.72% Airbnb Rental Income: $2186 Traditional Rental Income: $2417 Airbnb ROI: 0.51% Traditional ROI: 1.72%
3036 173rd Street Hammond, IN This single family home in Hammond, Indiana offers 960 square feet of living space on a 0....	3 beds \| 1 baths \| 1,920 sq.ft.	$154,900	Airbnb cash on cash: 1.12% Traditional cash on cash: 8.31% Airbnb Rental Income: $885 Traditional Rental Income: $1613 Airbnb ROI: 1.12% Traditional ROI: 8.31%
4828 Oak Avenue Hammond, IN This two-unit rental property in Hammond, IN offers both stable cash flow and versatile li...	6 beds \| 3 baths \| N/A	$259,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.18% Airbnb Rental Income: $null Traditional Rental Income: $2898 Airbnb ROI: N/A Traditional ROI: 9.18%
1517 E 174th Street Hammond, IN Charming ranch-style home featuring 3 spacious bedrooms and 1 full bathroom. This well-mai...	3 beds \| 1 baths \| 673 sq.ft.	$179,900	Airbnb cash on cash: 0.36% Traditional cash on cash: 3.18% Airbnb Rental Income: $885 Traditional Rental Income: $1031 Airbnb ROI: 0.36% Traditional ROI: 3.18%
5962 Park Place Hammond, IN Move-In Ready 2-Story Home in Hammond! Completely renovated! Enjoy a modern kitchen with q...	3 beds \| 2 baths \| 1,456 sq.ft.	$316,900	Airbnb cash on cash: -0.29% Traditional cash on cash: 3.66% Airbnb Rental Income: $885 Traditional Rental Income: $1726 Airbnb ROI: -0.29% Traditional ROI: 3.66%
1639 174th Street Hammond, IN Welcome home to this charming 4-bedroom, 2-bath ranch offering comfort, space, and conveni...	4 beds \| 2 baths \| 1,575 sq.ft.	$214,999	Airbnb cash on cash: 5.78% Traditional cash on cash: 7.11% Airbnb Rental Income: $2186 Traditional Rental Income: $1904 Airbnb ROI: 5.78% Traditional ROI: 7.11%
1915 169th Street Hammond, IN Charming brick home offering 3 bedrooms and 1 full bathroom, perfect for comfortable livin...	3 beds \| 1 baths \| 1,120 sq.ft.	$239,900	Airbnb cash on cash: -0.56% Traditional cash on cash: 2.94% Airbnb Rental Income: $885 Traditional Rental Income: $1344 Airbnb ROI: -0.56% Traditional ROI: 2.94%
610 Highland Street Hammond, IN Welcome to 610 Highland in Hammond -- a spacious and move-in ready home offering flexibili...	3 beds \| 3 baths \| 1,408 sq.ft.	$264,900	Airbnb cash on cash: -0.32% Traditional cash on cash: 5.44% Airbnb Rental Income: $885 Traditional Rental Income: $1988 Airbnb ROI: -0.32% Traditional ROI: 5.44%
7608 Catalpa Avenue Hammond, IN This sharp three bed one bath, move-in-ready ranch delivers fantastic value in a convenien...	3 beds \| 1 baths \| 850 sq.ft.	$189,900	Airbnb cash on cash: 0.97% Traditional cash on cash: 4.36% Airbnb Rental Income: $885 Traditional Rental Income: $1161 Airbnb ROI: 0.97% Traditional ROI: 4.36%
7529 Maryland Avenue Hammond, IN Move in ready 3 bedroom home with a finished basement. The home has been well maintained. ...	3 beds \| 2 baths \| 952 sq.ft.	$194,500	Airbnb cash on cash: 0.4% Traditional cash on cash: 4.76% Airbnb Rental Income: $885 Traditional Rental Income: $1354 Airbnb ROI: 0.4% Traditional ROI: 4.76%
6116 Alexander Avenue Hammond, IN Welcome home to this beautifully renovated Cape Cod offering the perfect blend of charm, s...	3 beds \| 2 baths \| 1,498 sq.ft.	$274,900	Airbnb cash on cash: -0.07% Traditional cash on cash: 4.72% Airbnb Rental Income: $885 Traditional Rental Income: $1790 Airbnb ROI: -0.07% Traditional ROI: 4.72%
834 Willow Court Hammond, IN MOTIVATED SELLER: Welcome to this beautifully renovated 3-bedroom, 2-bath brick home where...	3 beds \| 2 baths \| 1,707 sq.ft.	$222,500	Airbnb cash on cash: 1.1% Traditional cash on cash: 9.33% Airbnb Rental Income: $885 Traditional Rental Income: $2283 Airbnb ROI: 1.1% Traditional ROI: 9.33%
233 Oakwood Street Hammond, IN 2 bed, 2 bath home with a detached 2-car garage and partially finished basement. Great opp...	2 beds \| 2 baths \| 1,469 sq.ft.	$184,900	Airbnb cash on cash: 1.94% Traditional cash on cash: 6.97% Airbnb Rental Income: $1155 Traditional Rental Income: $1658 Airbnb ROI: 1.94% Traditional ROI: 6.97%
7107 Lindberg Avenue Hammond, IN Welcome home to this three-bedroom, two-bath ranch in a quiet neighborhood. Conveniently l...	3 beds \| 2 baths \| 1,400 sq.ft.	$250,000	Airbnb cash on cash: 0.19% Traditional cash on cash: 5.43% Airbnb Rental Income: $885 Traditional Rental Income: $1786 Airbnb ROI: 0.19% Traditional ROI: 5.43%
4212 Johnson Avenue Hammond, IN Presenting a stunning new construction ranch home, perfectly positioned on a corner lot! T...	3 beds \| 2 baths \| 1,295 sq.ft.	$284,900	Airbnb cash on cash: 0.56% Traditional cash on cash: 6.31% Airbnb Rental Income: $885 Traditional Rental Income: $2092 Airbnb ROI: 0.56% Traditional ROI: 6.31%
2734 Cleveland Street Hammond, IN Welcome to this updated 4-bedroom, 2-bath home located in a desirable South Hammond neighb...	4 beds \| 2 baths \| 2,286 sq.ft.	$238,800	Airbnb cash on cash: 4.22% Traditional cash on cash: 6.98% Airbnb Rental Income: $2186 Traditional Rental Income: $2256 Airbnb ROI: 4.22% Traditional ROI: 6.98%
10 Lawndale Street Hammond, IN A fully updated, income producing two unit property in desirable South Hammond -- perfect ...	4 beds \| 3 baths \| N/A	$269,900	Airbnb cash on cash: 3.58% Traditional cash on cash: 8.45% Airbnb Rental Income: $2186 Traditional Rental Income: $2873 Airbnb ROI: 3.58% Traditional ROI: 8.45%
1615 175th Street Hammond, IN Quaint & Cozy Ranch in Prime Location! This charming 2-bedroom, 1-bath ranch offers the pe...	2 beds \| 1 baths \| 744 sq.ft.	$178,000	Airbnb cash on cash: 2.34% Traditional cash on cash: 4.75% Airbnb Rental Income: $1155 Traditional Rental Income: $1182 Airbnb ROI: 2.34% Traditional ROI: 4.75%
3510 170th Court Hammond, IN Super stylish and AFFORDABLE townhome in Hessville! This move-in ready home offers THREE b...	3 beds \| 2 baths \| 1,154 sq.ft.	$134,900	Airbnb cash on cash: 0.47% Traditional cash on cash: 7.42% Airbnb Rental Income: $885 Traditional Rental Income: $1449 Airbnb ROI: 0.47% Traditional ROI: 7.42%
3143 Parkway N Street Hammond, IN Up-Dated, CHARMING CAPE COD ON PARKWAY NORTH! This well-maintained 3-bedroom, 1.25-bath ho...	3 beds \| 2 baths \| 1,319 sq.ft.	$199,900	Airbnb cash on cash: 0.67% Traditional cash on cash: 8.96% Airbnb Rental Income: $885 Traditional Rental Income: $2120 Airbnb ROI: 0.67% Traditional ROI: 8.96%
2618 163rd Place Hammond, IN Ranch style, Updated, 2 bedroom, 1 bath home in the Hessville part of Hammond. Home sits o...	2 beds \| 1 baths \| 793 sq.ft.	$164,900	Airbnb cash on cash: 1.99% Traditional cash on cash: 4.63% Airbnb Rental Income: $1155 Traditional Rental Income: $1189 Airbnb ROI: 1.99% Traditional ROI: 4.63%
920 Highland Street Hammond, IN Welcome to your dream home! This beautiful new build offers 3 bedrooms, 2 bathrooms, and a...	3 beds \| 2 baths \| 1,420 sq.ft.	$299,000	Airbnb cash on cash: 0.48% Traditional cash on cash: 5.79% Airbnb Rental Income: $885 Traditional Rental Income: $2044 Airbnb ROI: 0.48% Traditional ROI: 5.79%
924 Highland Street Hammond, IN Welcome to your dream home! This stunning new build offers 3 bedrooms, 2 bathrooms, and a ...	3 beds \| 2 baths \| 1,420 sq.ft.	$299,000	Airbnb cash on cash: 0.48% Traditional cash on cash: 5.7% Airbnb Rental Income: $885 Traditional Rental Income: $2020 Airbnb ROI: 0.48% Traditional ROI: 5.7%
506 Mulberry Street Hammond, IN This well maintained 2-bedroom, 2-bath home offers exceptional flexibility with a potentia...	2 beds \| 2 baths \| 1,578 sq.ft.	$214,900	Airbnb cash on cash: 1.47% Traditional cash on cash: 7.51% Airbnb Rental Income: $1155 Traditional Rental Income: $2002 Airbnb ROI: 1.47% Traditional ROI: 7.51%
246 142nd Street Hammond, IN Two Homes on One Property - A Rare Find! Perfect for related living or as an investment op...	6 beds \| 4 baths \| N/A	$335,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.54% Airbnb Rental Income: $null Traditional Rental Income: $3567 Airbnb ROI: N/A Traditional ROI: 8.54%
5632 Claude Avenue Hammond, IN Truly a great find...This 4 bedroom, 2 full bathroom 2 story home has been totally renovat...	4 beds \| 2 baths \| 1,791 sq.ft.	$249,900	Airbnb cash on cash: 4.26% Traditional cash on cash: 5.94% Airbnb Rental Income: $2186 Traditional Rental Income: $2031 Airbnb ROI: 4.26% Traditional ROI: 5.94%
6522 Mccook Avenue Hammond, IN What a great opportunity in a centrally located area for commuting, shopping and dining. 2...	2 beds \| 1 baths \| 768 sq.ft.	$68,000	Airbnb cash on cash: 6.26% Traditional cash on cash: 9.24% Airbnb Rental Income: $1155 Traditional Rental Income: $975 Airbnb ROI: 6.26% Traditional ROI: 9.24%
3134 Cleveland Street Hammond, IN This home offers almost 2,000 finished sq. ft. of comfortable living space and thoughtful,...	3 beds \| 1 baths \| 1,968 sq.ft.	$196,500	Airbnb cash on cash: -0.69% Traditional cash on cash: 6.4% Airbnb Rental Income: $885 Traditional Rental Income: $1872 Airbnb ROI: -0.69% Traditional ROI: 6.4%
724 Willow Court Hammond, IN Back on the market at no fault of the Seller. Completely renovated and move-in ready, this...	3 beds \| 1 baths \| 800 sq.ft.	$199,900	Airbnb cash on cash: 1.14% Traditional cash on cash: 4.45% Airbnb Rental Income: $885 Traditional Rental Income: $1176 Airbnb ROI: 1.14% Traditional ROI: 4.45%
970 Murray Street Hammond, IN This is a true find! Beautifully renovated ranch style home with 3 good sized bedrooms and...	3 beds \| 1 baths \| 1,036 sq.ft.	$284,900	Airbnb cash on cash: -0.16% Traditional cash on cash: 2.67% Airbnb Rental Income: $885 Traditional Rental Income: $1307 Airbnb ROI: -0.16% Traditional ROI: 2.67%
7421 Monroe Avenue Hammond, IN Welcome to this beautifully fully renovated home. This spacious property offers 3 bedrooms...	3 beds \| 2 baths \| 3,241 sq.ft.	$294,900	Airbnb cash on cash: 0.15% Traditional cash on cash: 4.41% Airbnb Rental Income: $885 Traditional Rental Income: $1730 Airbnb ROI: 0.15% Traditional ROI: 4.41%
6327 Nevada Avenue Hammond, IN Well-maintained, three-bedroom, one-bathroom ranch-style home awaits its new owner. This h...	3 beds \| 1 baths \| 1,056 sq.ft.	$190,000	Airbnb cash on cash: 0.81% Traditional cash on cash: 4.63% Airbnb Rental Income: $885 Traditional Rental Income: $1238 Airbnb ROI: 0.81% Traditional ROI: 4.63%
7346 Alexander Avenue Hammond, IN Welcome home to this charming Hessville gem offering comfort and opportunity! This 2-bedro...	2 beds \| 1 baths \| 1,009 sq.ft.	$169,900	Airbnb cash on cash: 2.36% Traditional cash on cash: 5.74% Airbnb Rental Income: $1155 Traditional Rental Income: $1321 Airbnb ROI: 2.36% Traditional ROI: 5.74%
821 Huehn Street Hammond, IN Charming and move-in ready, this well-maintained 1-bedroom, 1-bath home offers cozy living...	1 beds \| 1 baths \| 550 sq.ft.	$110,000	Airbnb cash on cash: 0.22% Traditional cash on cash: 8.72% Airbnb Rental Income: $566 Traditional Rental Income: $1188 Airbnb ROI: 0.22% Traditional ROI: 8.72%
7970 Northcote Avenue Hammond, IN Welcome home to this stunning all-brick classic beauty, thoughtfully updated with today's ...	3 beds \| 3 baths \| 2,960 sq.ft.	$379,900	Airbnb cash on cash: -0.46% Traditional cash on cash: 3.37% Airbnb Rental Income: $885 Traditional Rental Income: $1915 Airbnb ROI: -0.46% Traditional ROI: 3.37%
838 174th Street Hammond, IN Well cared for and easy to settle into, this 2 bed, 2 bath home in Hammond feels bright an...	2 beds \| 2 baths \| 816 sq.ft.	$190,000	Airbnb cash on cash: 2.09% Traditional cash on cash: 5.43% Airbnb Rental Income: $1155 Traditional Rental Income: $1376 Airbnb ROI: 2.09% Traditional ROI: 5.43%
7034 Colorado Avenue Hammond, IN This beautifully maintained 3-bedroom, 2-bath ranch offers the perfect combination of char...	3 beds \| 2 baths \| 2,299 sq.ft.	$235,000	Airbnb cash on cash: 0.34% Traditional cash on cash: 8.27% Airbnb Rental Income: $885 Traditional Rental Income: $2310 Airbnb ROI: 0.34% Traditional ROI: 8.27%
6636 Maryland Avenue Hammond, IN Enjoy peace of mind with this ONE OWNER HOME that has been lovingly maintained by the same...	3 beds \| 2 baths \| 1,796 sq.ft.	$219,900	Airbnb cash on cash: -0.72% Traditional cash on cash: 6.19% Airbnb Rental Income: $885 Traditional Rental Income: $1988 Airbnb ROI: -0.72% Traditional ROI: 6.19%

Real Estate investment in Hammond, IN

There are 46 properties for sale in the city of Hammond . The median list price in Hammond is $194,899 and the average price per square foot is $135. In June 2026, the average monthly cash on cash return in Hammond is 6.00%. The average monthly rental income in Hammond is $1,758.

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

There are 46 investment properties available for sale in Hammond.

In 2026, the best neighborhood to buy investment property is Hammond.

The ROI for Long-Term is higher than the Short-Term in Hammond with average rental income of $1,758.

Your search for investment property begins and ends here

Investment Property for Sale in Hammond, IN

2231 Davis Ave

Hammond, IN

4 beds | 2 baths | 2,684 sq.ft.

$699,900

Airbnb cash on cash: 0.51%

Traditional cash on cash: 1.72%

Airbnb Rental Income: $2186

Traditional Rental Income: $2417

Airbnb ROI: 0.51%

Traditional ROI: 1.72%

3036 173rd Street

Hammond, IN

3 beds | 1 baths | 1,920 sq.ft.

$154,900

Airbnb cash on cash: 1.12%

Traditional cash on cash: 8.31%

Airbnb Rental Income: $885

Traditional Rental Income: $1613

Airbnb ROI: 1.12%

Traditional ROI: 8.31%

4828 Oak Avenue

Hammond, IN

6 beds | 3 baths | N/A

$259,900

Airbnb cash on cash: N/A

Traditional cash on cash: 9.18%

Airbnb Rental Income: $null

Traditional Rental Income: $2898

Airbnb ROI: N/A

Traditional ROI: 9.18%

1517 E 174th Street

Hammond, IN

3 beds | 1 baths | 673 sq.ft.

$179,900

Airbnb cash on cash: 0.36%

Traditional cash on cash: 3.18%

Airbnb Rental Income: $885

Traditional Rental Income: $1031

Airbnb ROI: 0.36%

Traditional ROI: 3.18%

5962 Park Place

Hammond, IN

3 beds | 2 baths | 1,456 sq.ft.

$316,900

Airbnb cash on cash: -0.29%

Traditional cash on cash: 3.66%

Airbnb Rental Income: $885

Traditional Rental Income: $1726

Airbnb ROI: -0.29%

Traditional ROI: 3.66%

1639 174th Street

Hammond, IN

4 beds | 2 baths | 1,575 sq.ft.

$214,999

Airbnb cash on cash: 5.78%

Traditional cash on cash: 7.11%

Airbnb Rental Income: $2186

Traditional Rental Income: $1904

Airbnb ROI: 5.78%

Traditional ROI: 7.11%

1915 169th Street

Hammond, IN

3 beds | 1 baths | 1,120 sq.ft.

$239,900

Airbnb cash on cash: -0.56%

Traditional cash on cash: 2.94%

Airbnb Rental Income: $885

Traditional Rental Income: $1344

Airbnb ROI: -0.56%

Traditional ROI: 2.94%

610 Highland Street

Hammond, IN

3 beds | 3 baths | 1,408 sq.ft.

$264,900

Airbnb cash on cash: -0.32%

Traditional cash on cash: 5.44%

Airbnb Rental Income: $885

Traditional Rental Income: $1988

Airbnb ROI: -0.32%