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

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
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.	$269,900	Airbnb cash on cash: 2.05% Traditional cash on cash: 6.51% Airbnb Rental Income: $1376 Traditional Rental Income: $2092 Airbnb ROI: 2.05% Traditional ROI: 6.51%
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: 4.5% Traditional cash on cash: 4.75% Airbnb Rental Income: $1594 Traditional Rental Income: $1182 Airbnb ROI: 4.5% Traditional ROI: 4.75%
7728 Beech Avenue Hammond, IN Updated & Remodeled Home in Hammond's Desirable Beverly Section! Located just off River Dr...	3 beds \| 1 baths \| 800 sq.ft.	$180,000	Airbnb cash on cash: 2.31% Traditional cash on cash: 3.66% Airbnb Rental Income: $1376 Traditional Rental Income: $1188 Airbnb ROI: 2.31% Traditional ROI: 3.66%
7426 Howard Avenue Hammond, IN Ranch style home with 2 bedrooms, 1 bath, garage and fenced in back yard. Basement is unfi...	2 beds \| 1 baths \| 696 sq.ft.	$169,900	Airbnb cash on cash: 3.85% Traditional cash on cash: 3.76% Airbnb Rental Income: $1594 Traditional Rental Income: $1124 Airbnb ROI: 3.85% Traditional ROI: 3.76%
2621 Cleveland Street Hammond, IN Ranch style home updated with 2 bedrooms, 1 bath, enclosed porch area, garage, Side Drive ...	2 beds \| 1 baths \| 864 sq.ft.	$164,900	Airbnb cash on cash: 4.23% Traditional cash on cash: 4.7% Airbnb Rental Income: $1594 Traditional Rental Income: $1213 Airbnb ROI: 4.23% Traditional ROI: 4.7%
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: 4.31% Traditional cash on cash: 4.63% Airbnb Rental Income: $1594 Traditional Rental Income: $1189 Airbnb ROI: 4.31% Traditional ROI: 4.63%
4911 Pine Avenue Hammond, IN Welcome to this beautifully updated 2-story home featuring 4 bedrooms and 2 full baths. St...	4 beds \| 2 baths \| 1,332 sq.ft.	$209,900	Airbnb cash on cash: 5.64% Traditional cash on cash: 6.8% Airbnb Rental Income: $2169 Traditional Rental Income: $1849 Airbnb ROI: 5.64% Traditional ROI: 6.8%
3143 Parkway N Street Hammond, IN CHARMING CAPE COD ON PARKWAY NORTH! This well-maintained 3-bedroom, 1.5-bath home offers i...	3 beds \| 2 baths \| 2,122 sq.ft.	$209,900	Airbnb cash on cash: 2.65% Traditional cash on cash: 8.49% Airbnb Rental Income: $1376 Traditional Rental Income: $2120 Airbnb ROI: 2.65% Traditional ROI: 8.49%
6832 Waveland Avenue Hammond, IN Charming 3-Bedroom Brick Home in a Prime Hammond Location Welcome to this spacious 3-bedro...	3 beds \| 2 baths \| 2,114 sq.ft.	$243,999	Airbnb cash on cash: 1.98% Traditional cash on cash: 7.76% Airbnb Rental Income: $1376 Traditional Rental Income: $2290 Airbnb ROI: 1.98% Traditional ROI: 7.76%
6621 Monroe Avenue Hammond, IN Welcome to this fully updated 4-bedroom, 2-bath home located in the heart of Hammond, Indi...	4 beds \| 2 baths \| 1,589 sq.ft.	$224,900	Airbnb cash on cash: 5.39% Traditional cash on cash: 7.76% Airbnb Rental Income: $2169 Traditional Rental Income: $2122 Airbnb ROI: 5.39% Traditional ROI: 7.76%
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.	$319,500	Airbnb cash on cash: 1.75% Traditional cash on cash: 5.36% Airbnb Rental Income: $1376 Traditional Rental Income: $2044 Airbnb ROI: 1.75% Traditional ROI: 5.36%
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.	$319,500	Airbnb cash on cash: 1.75% Traditional cash on cash: 5.28% Airbnb Rental Income: $1376 Traditional Rental Income: $2020 Airbnb ROI: 1.75% Traditional ROI: 5.28%
6130 Van Buren Avenue Hammond, IN Calling all CASH buyers! Don't miss your chance to own this charming 2-bedroom home with a...	2 beds \| 1 baths \| 592 sq.ft.	$99,000	Airbnb cash on cash: 9.2% Traditional cash on cash: 7.94% Airbnb Rental Income: $1594 Traditional Rental Income: $1018 Airbnb ROI: 9.2% Traditional ROI: 7.94%
7230 Mclaughlin Avenue Hammond, IN Entering in this beautifully updated 3 bedroom Cape Cod, you will experience where classic...	3 beds \| 1 baths \| 2,276 sq.ft.	$224,900	Airbnb cash on cash: 2.36% Traditional cash on cash: 5.53% Airbnb Rental Income: $1376 Traditional Rental Income: $1633 Airbnb ROI: 2.36% Traditional ROI: 5.53%
2626 162nd Place Hammond, IN This charming single-family home located at 2626 162nd Pl, Hammond, IN was built in 1943 a...	3 beds \| 1 baths \| 1,350 sq.ft.	$149,999	Airbnb cash on cash: 3.3% Traditional cash on cash: 6.83% Airbnb Rental Income: $1376 Traditional Rental Income: $1464 Airbnb ROI: 3.3% Traditional ROI: 6.83%
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: 3.27% Traditional cash on cash: 7.51% Airbnb Rental Income: $1594 Traditional Rental Income: $2002 Airbnb ROI: 3.27% Traditional ROI: 7.51%
6220 Garfield Avenue Hammond, IN Rare opportunity to own a true FIVE-bedroom, THREE-bath single-family home in Hammond with...	4 beds \| 3 baths \| 2,074 sq.ft.	$219,900	Airbnb cash on cash: 5.04% Traditional cash on cash: 9.93% Airbnb Rental Income: $2169 Traditional Rental Income: $2637 Airbnb ROI: 5.04% Traditional ROI: 9.93%
1009 River Drive Hammond, IN Come check out this Charming cape cod home in South Hammond. Updated kitchen with stainles...	3 beds \| 2 baths \| 968 sq.ft.	$220,000	Airbnb cash on cash: 1.42% Traditional cash on cash: 3.24% Airbnb Rental Income: $1376 Traditional Rental Income: $1336 Airbnb ROI: 1.42% Traditional ROI: 3.24%
7021 Osborn Avenue Hammond, IN This charming 2 bedroom, 1.5-bath home features newer roof and siding, huge family room, a...	2 beds \| 2 baths \| 1,196 sq.ft.	$224,900	Airbnb cash on cash: 3.18% Traditional cash on cash: 4.58% Airbnb Rental Income: $1594 Traditional Rental Income: $1437 Airbnb ROI: 3.18% Traditional ROI: 4.58%
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.	$135,000	Airbnb cash on cash: 3.63% Traditional cash on cash: 7.42% Airbnb Rental Income: $1376 Traditional Rental Income: $1449 Airbnb ROI: 3.63% Traditional ROI: 7.42%
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%
7730 Rhode Island Court Hammond, IN Updated 3-bedroom, 1.5-bath ranch tucked away on a quiet cul-de-sac with a detached garage...	3 beds \| 2 baths \| 962 sq.ft.	$189,900	Airbnb cash on cash: 1.92% Traditional cash on cash: 5.18% Airbnb Rental Income: $1376 Traditional Rental Income: $1547 Airbnb ROI: 1.92% Traditional ROI: 5.18%
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 \| 960 sq.ft.	$259,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.36% Airbnb Rental Income: $null Traditional Rental Income: $1567 Airbnb ROI: N/A Traditional ROI: 4.36%
922 Summer Street Hammond, IN Calling all investors! Or perhaps you would like family closer, but the flexibility of the...	4 beds \| 2 baths \| N/A	$300,000	Airbnb cash on cash: 3.96% Traditional cash on cash: 4.98% Airbnb Rental Income: $2169 Traditional Rental Income: $1906 Airbnb ROI: 3.96% Traditional ROI: 4.98%
1007 Moss Street Hammond, IN Completely remodeled home from top to bottom! This property features a spacious primary su...	2 beds \| 2 baths \| 912 sq.ft.	$175,900	Airbnb cash on cash: 4.32% Traditional cash on cash: 5.45% Airbnb Rental Income: $1594 Traditional Rental Income: $1328 Airbnb ROI: 4.32% Traditional ROI: 5.45%
6360 Hohman Avenue Hammond, IN Home offers a prime opportunity in a highly visible, well-traveled area with excellent acc...	3 beds \| 2 baths \| 1,833 sq.ft.	$179,900	Airbnb cash on cash: 1.83% Traditional cash on cash: 8.55% Airbnb Rental Income: $1376 Traditional Rental Income: $2108 Airbnb ROI: 1.83% Traditional ROI: 8.55%
6808 Carolina Avenue Hammond, IN Great location close to Purdue, located close to major highways for commuting. Two Bedroom...	2 beds \| 2 baths \| 1,254 sq.ft.	$129,900	Airbnb cash on cash: 5.5% Traditional cash on cash: 10.3% Airbnb Rental Income: $1594 Traditional Rental Income: $1740 Airbnb ROI: 5.5% Traditional ROI: 10.3%
3230 175th Place Hammond, IN Beautifully updated 3-bedroom, 2-bath home featuring modern upgrades throughout! Enjoy rem...	3 beds \| 2 baths \| 1,988 sq.ft.	$225,000	Airbnb cash on cash: 2.13% Traditional cash on cash: 7.6% Airbnb Rental Income: $1376 Traditional Rental Income: $2123 Airbnb ROI: 2.13% Traditional ROI: 7.6%
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.	$279,900	Airbnb cash on cash: 3.98% Traditional cash on cash: 5.55% Airbnb Rental Income: $2169 Traditional Rental Income: $2031 Airbnb ROI: 3.98% Traditional ROI: 5.55%
3448 164th Street Hammond, IN Move-in ready residence offers 3 bedrooms and 1 bathroom--ideal for first-time buyers, dow...	3 beds \| 1 baths \| 1,011 sq.ft.	$180,000	Airbnb cash on cash: 3.35% Traditional cash on cash: 5.81% Airbnb Rental Income: $1376 Traditional Rental Income: $1379 Airbnb ROI: 3.35% Traditional ROI: 5.81%
737 Cherry Street Hammond, IN Bright and inviting two story home. The main floor welcomes you with a sun filled living r...	3 beds \| 1 baths \| 1,312 sq.ft.	$150,000	Airbnb cash on cash: 3.95% Traditional cash on cash: 7.77% Airbnb Rental Income: $1376 Traditional Rental Income: $1506 Airbnb ROI: 3.95% Traditional ROI: 7.77%
7125 Lindberg Avenue Hammond, IN Charming 3-bedroom, 2-bath ranch--move-in ready with recent updates and thoughtful finishe...	3 beds \| 2 baths \| 1,400 sq.ft.	$254,900	Airbnb cash on cash: 1.75% Traditional cash on cash: 5.66% Airbnb Rental Income: $1376 Traditional Rental Income: $1900 Airbnb ROI: 1.75% Traditional ROI: 5.66%
4018 Henry Avenue Hammond, IN Welcome home to this completely renovated North Central Hammond beauty! Every detail has b...	3 beds \| 1 baths \| 1,026 sq.ft.	$198,900	Airbnb cash on cash: 2.88% Traditional cash on cash: 5.64% Airbnb Rental Income: $1376 Traditional Rental Income: $1478 Airbnb ROI: 2.88% Traditional ROI: 5.64%
6628 Alexander Avenue Hammond, IN Discover the perfect opportunity to create your dream home in this 3-bedroom residence off...	3 beds \| 2 baths \| 1,536 sq.ft.	$169,900	Airbnb cash on cash: 3.57% Traditional cash on cash: 9.53% Airbnb Rental Income: $1376 Traditional Rental Income: $1923 Airbnb ROI: 3.57% Traditional ROI: 9.53%
3521 164th Street Hammond, IN Looking for a renovated ranch in the heart of Hessville? Look no further! This home is nes...	3 beds \| 1 baths \| 1,069 sq.ft.	$194,900	Airbnb cash on cash: 2.03% Traditional cash on cash: 4.45% Airbnb Rental Income: $1376 Traditional Rental Income: $1407 Airbnb ROI: 2.03% Traditional ROI: 4.45%
6245 Moraine Avenue Hammond, IN Charming All-Brick Split-Level in Highly Desirable Kenwood Neighborhood! Welcome home to t...	3 beds \| 3 baths \| 3,327 sq.ft.	$299,900	Airbnb cash on cash: 1.3% Traditional cash on cash: 6.92% Airbnb Rental Income: $1376 Traditional Rental Income: $2545 Airbnb ROI: 1.3% Traditional ROI: 6.92%
1027 Spruce Street Hammond, IN With nearly 2,500 sq. ft. of living space and endless potential, this spacious Cape Cod is...	5 beds \| 2 baths \| 2,368 sq.ft.	$204,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.86% Airbnb Rental Income: $null Traditional Rental Income: $2564 Airbnb ROI: N/A Traditional ROI: 10.86%
1044 Mulberry Street Hammond, IN Step into this stunning modern-style ranch home, completely rebuilt from the foundation up...	3 beds \| 2 baths \| 2,316 sq.ft.	$359,900	Airbnb cash on cash: 0.75% Traditional cash on cash: 4.36% Airbnb Rental Income: $1376 Traditional Rental Income: $2177 Airbnb ROI: 0.75% Traditional ROI: 4.36%
6332 Jackson Avenue Hammond, IN MOTIVATED SELLER! Recently remodeled 4 bedroom, 2 bath home located in a quiet, well-estab...	4 beds \| 2 baths \| 2,008 sq.ft.	$199,900	Airbnb cash on cash: 6% Traditional cash on cash: 9.18% Airbnb Rental Income: $2169 Traditional Rental Income: $2223 Airbnb ROI: 6% Traditional ROI: 9.18%
6639 New Hampshire Avenue Hammond, IN Welcome to this stunning, completely remodeled 4-bedroom, 2-bathroom home offering 1,354 s...	4 beds \| 2 baths \| 1,354 sq.ft.	$229,900	Airbnb cash on cash: 5.18% Traditional cash on cash: 5.79% Airbnb Rental Income: $2169 Traditional Rental Income: $1752 Airbnb ROI: 5.18% Traditional ROI: 5.79%

Real Estate investment in Hammond, IN

There are 53 properties for sale in the city of Hammond . The median list price in Hammond is $199,400 and the average price per square foot is $142. In March 2026, the average monthly cash on cash return in Hammond is 6.00%. The average monthly rental income in Hammond is $1,615.

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

There are 53 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 $1,615.

Your search for investment property begins and ends here

Investment Property for Sale in Hammond, IN

4212 Johnson Avenue

Hammond, IN

3 beds | 2 baths | 1,295 sq.ft.

$269,900

Airbnb cash on cash: 2.05%

Traditional cash on cash: 6.51%

Airbnb Rental Income: $1376

Traditional Rental Income: $2092

Airbnb ROI: 2.05%

Traditional ROI: 6.51%

1615 175th Street

Hammond, IN

2 beds | 1 baths | 744 sq.ft.

$178,000

Airbnb cash on cash: 4.5%

Traditional cash on cash: 4.75%

Airbnb Rental Income: $1594

Traditional Rental Income: $1182

Airbnb ROI: 4.5%

Traditional ROI: 4.75%

7728 Beech Avenue

Hammond, IN

3 beds | 1 baths | 800 sq.ft.

$180,000

Airbnb cash on cash: 2.31%

Traditional cash on cash: 3.66%

Airbnb Rental Income: $1376

Traditional Rental Income: $1188

Airbnb ROI: 2.31%

Traditional ROI: 3.66%

7426 Howard Avenue

Hammond, IN

2 beds | 1 baths | 696 sq.ft.

$169,900

Airbnb cash on cash: 3.85%

Traditional cash on cash: 3.76%

Airbnb Rental Income: $1594

Traditional Rental Income: $1124

Airbnb ROI: 3.85%

Traditional ROI: 3.76%

2621 Cleveland Street

Hammond, IN

2 beds | 1 baths | 864 sq.ft.

$164,900

Airbnb cash on cash: 4.23%

Traditional cash on cash: 4.7%

Airbnb Rental Income: $1594

Traditional Rental Income: $1213

Airbnb ROI: 4.23%

Traditional ROI: 4.7%

2618 163rd Place

Hammond, IN

2 beds | 1 baths | 793 sq.ft.

$164,900

Airbnb cash on cash: 4.31%

Traditional cash on cash: 4.63%

Airbnb Rental Income: $1594

Traditional Rental Income: $1189

Airbnb ROI: 4.31%

Traditional ROI: 4.63%

4911 Pine Avenue

Hammond, IN

4 beds | 2 baths | 1,332 sq.ft.

$209,900

Airbnb cash on cash: 5.64%

Traditional cash on cash: 6.8%

Airbnb Rental Income: $2169

Traditional Rental Income: $1849

Airbnb ROI: 5.64%

Traditional ROI: 6.8%

3143 Parkway N Street

Hammond, IN

3 beds | 2 baths | 2,122 sq.ft.

$209,900

Airbnb cash on cash: 2.65%

Traditional cash on cash: 8.49%

Airbnb Rental Income: $1376

Traditional Rental Income: $2120

Airbnb ROI: 2.65%