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
6630 Hohman Avenue Hammond, IN Private Retreat feel with everyday convenience! This beautifully maintained custom ranch i...	3 beds \| 2 baths \| 2,694 sq.ft.	$335,000	Airbnb cash on cash: -1.34% Traditional cash on cash: 4.96% Airbnb Rental Income: $643 Traditional Rental Income: $2331 Airbnb ROI: -1.34% Traditional ROI: 4.96%
6525 California Avenue Hammond, IN Sprawling Hessville Ranch Home on a Finished Basement Walking Distance to the Elementary S...	3 beds \| 2 baths \| 1,800 sq.ft.	$229,900	Airbnb cash on cash: -1.4% Traditional cash on cash: 6.44% Airbnb Rental Income: $643 Traditional Rental Income: $2053 Airbnb ROI: -1.4% Traditional ROI: 6.44%
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.	$195,000	Airbnb cash on cash: -0.32% Traditional cash on cash: 4.49% Airbnb Rental Income: $643 Traditional Rental Income: $1238 Airbnb ROI: -0.32% Traditional ROI: 4.49%
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: -1.09% Traditional cash on cash: 7.42% Airbnb Rental Income: $643 Traditional Rental Income: $1449 Airbnb ROI: -1.09% Traditional ROI: 7.42%
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.	$199,900	Airbnb cash on cash: 5.94% Traditional cash on cash: 11% Airbnb Rental Income: $2240 Traditional Rental Income: $2637 Airbnb ROI: 5.94% Traditional ROI: 11%
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: 5.94% Traditional cash on cash: 6.8% Airbnb Rental Income: $2240 Traditional Rental Income: $1849 Airbnb ROI: 5.94% Traditional ROI: 6.8%
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: -0.39% Traditional cash on cash: 8.96% Airbnb Rental Income: $643 Traditional Rental Income: $2120 Airbnb ROI: -0.39% Traditional ROI: 8.96%
7418 Howard Avenue Hammond, IN If you have been looking for a property with upside, this Hammond home is worth a look. Fe...	2 beds \| 1 baths \| 696 sq.ft.	$137,900	Airbnb cash on cash: 1.77% Traditional cash on cash: 4.32% Airbnb Rental Income: $933 Traditional Rental Income: $926 Airbnb ROI: 1.77% Traditional ROI: 4.32%
921 173rd Street Hammond, IN Come enjoy this spacious home featuring 4 bedrooms, a den, fenced yard, and tons of extra ...	4 beds \| 2 baths \| 1,763 sq.ft.	$232,500	Airbnb cash on cash: 4.2% Traditional cash on cash: 6.06% Airbnb Rental Income: $2240 Traditional Rental Income: $2086 Airbnb ROI: 4.2% Traditional ROI: 6.06%
6727 California Avenue Hammond, IN Welcome to this charming ranch-style home full of character and thoughtful updates ! Step ...	2 beds \| 1 baths \| 940 sq.ft.	$189,900	Airbnb cash on cash: 1.03% Traditional cash on cash: 4.45% Airbnb Rental Income: $933 Traditional Rental Income: $1206 Airbnb ROI: 1.03% Traditional ROI: 4.45%
1250 Sherman Street Hammond, IN Beautifully updated 3-bedroom, 1-bath home offering modern upgrades and timeless charm. Th...	3 beds \| 1 baths \| 828 sq.ft.	$200,000	Airbnb cash on cash: -0.58% Traditional cash on cash: 4.75% Airbnb Rental Income: $643 Traditional Rental Income: $1358 Airbnb ROI: -0.58% Traditional ROI: 4.75%
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: -1.77% Traditional cash on cash: 6.4% Airbnb Rental Income: $643 Traditional Rental Income: $1872 Airbnb ROI: -1.77% Traditional ROI: 6.4%
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: -0.67% Traditional cash on cash: 7.76% Airbnb Rental Income: $643 Traditional Rental Income: $2290 Airbnb ROI: -0.67% Traditional ROI: 7.76%
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.	$214,900	Airbnb cash on cash: -0.49% Traditional cash on cash: 5.83% Airbnb Rental Income: $643 Traditional Rental Income: $1633 Airbnb ROI: -0.49% Traditional ROI: 5.83%
7950 S White Oak Lane Hammond, IN Step into this beautifully remodeled 4-bedroom, 2-bathroom home in Hammond, Indiana, where...	4 beds \| 2 baths \| 1,231 sq.ft.	$244,900	Airbnb cash on cash: 5.21% Traditional cash on cash: 5.48% Airbnb Rental Income: $2240 Traditional Rental Income: $1739 Airbnb ROI: 5.21% Traditional ROI: 5.48%
2945 Orchard Drive Hammond, IN Located directly across from Hessville park, this versatile home offers a spacious 2-bedro...	3 beds \| 2 baths \| 2,994 sq.ft.	$200,000	Airbnb cash on cash: -1.33% Traditional cash on cash: 9.31% Airbnb Rental Income: $643 Traditional Rental Income: $2366 Airbnb ROI: -1.33% Traditional ROI: 9.31%
6612 Missouri Avenue Hammond, IN Well-Maintained Ranch Offering Comfortable Living and Convenient Location. Owned and caref...	3 beds \| 1 baths \| 1,190 sq.ft.	$197,900	Airbnb cash on cash: -0.27% Traditional cash on cash: 6.03% Airbnb Rental Income: $643 Traditional Rental Income: $1530 Airbnb ROI: -0.27% Traditional ROI: 6.03%
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: 0.45% Traditional cash on cash: 3.76% Airbnb Rental Income: $933 Traditional Rental Income: $1124 Airbnb ROI: 0.45% 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: 0.73% Traditional cash on cash: 4.7% Airbnb Rental Income: $933 Traditional Rental Income: $1213 Airbnb ROI: 0.73% 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: 0.81% Traditional cash on cash: 4.63% Airbnb Rental Income: $933 Traditional Rental Income: $1189 Airbnb ROI: 0.81% Traditional ROI: 4.63%
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: 5.67% Traditional cash on cash: 7.76% Airbnb Rental Income: $2240 Traditional Rental Income: $2122 Airbnb ROI: 5.67% Traditional ROI: 7.76%
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: 1.25% Traditional cash on cash: 4.75% Airbnb Rental Income: $933 Traditional Rental Income: $1182 Airbnb ROI: 1.25% Traditional ROI: 4.75%
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.	$305,000	Airbnb cash on cash: -0.25% Traditional cash on cash: 5.66% Airbnb Rental Income: $643 Traditional Rental Income: $2044 Airbnb ROI: -0.25% Traditional ROI: 5.66%
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.	$305,000	Airbnb cash on cash: -0.25% Traditional cash on cash: 5.57% Airbnb Rental Income: $643 Traditional Rental Income: $2020 Airbnb ROI: -0.25% Traditional ROI: 5.57%
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: -0.95% Traditional cash on cash: 6.83% Airbnb Rental Income: $643 Traditional Rental Income: $1464 Airbnb ROI: -0.95% Traditional ROI: 6.83%
2231 Davis Ave Hammond, IN 2231 Davis Ave, Hammond, IN 46320 \| Single Family Residential	4 beds \| 2 baths \| 2,684 sq.ft.	$649,900	Airbnb cash on cash: 0.77% Traditional cash on cash: 1.99% Airbnb Rental Income: $2240 Traditional Rental Income: $2417 Airbnb ROI: 0.77% Traditional ROI: 1.99%
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: 0.57% Traditional cash on cash: 7.51% Airbnb Rental Income: $933 Traditional Rental Income: $2002 Airbnb ROI: 0.57% Traditional ROI: 7.51%
7021 Osborn Avenue Hammond, IN Blocks from PURDUE UNIVERSITY, Great Starter Home just in time for a booming Spring Market...	2 beds \| 2 baths \| 1,196 sq.ft.	$199,000	Airbnb cash on cash: 0.87% Traditional cash on cash: 5.36% Airbnb Rental Income: $933 Traditional Rental Income: $1437 Airbnb ROI: 0.87% Traditional ROI: 5.36%
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: -1.27% Traditional cash on cash: 4.65% Airbnb Rental Income: $643 Traditional Rental Income: $1416 Airbnb ROI: -1.27% Traditional ROI: 4.65%
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%
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.	$174,900	Airbnb cash on cash: -1.57% Traditional cash on cash: 9.01% Airbnb Rental Income: $643 Traditional Rental Income: $2108 Airbnb ROI: -1.57% Traditional ROI: 9.01%
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.	$124,900	Airbnb cash on cash: 1.41% Traditional cash on cash: 10.98% Airbnb Rental Income: $933 Traditional Rental Income: $1740 Airbnb ROI: 1.41% Traditional ROI: 10.98%
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: 4.45% Traditional cash on cash: 5.94% Airbnb Rental Income: $2240 Traditional Rental Income: $2031 Airbnb ROI: 4.45% Traditional ROI: 5.94%
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.	$189,900	Airbnb cash on cash: -0.83% Traditional cash on cash: 2.96% Airbnb Rental Income: $643 Traditional Rental Income: $1031 Airbnb ROI: -0.83% Traditional ROI: 2.96%
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.	$325,000	Airbnb cash on cash: -0.96% Traditional cash on cash: 3.55% Airbnb Rental Income: $643 Traditional Rental Income: $1726 Airbnb ROI: -0.96% Traditional ROI: 3.55%
907 Carroll Street Hammond, IN As you arrive, you are welcomed by a charming front porch--perfect for relaxing and enjoyi...	3 beds \| 1 baths \| 1,008 sq.ft.	$245,000	Airbnb cash on cash: -0.42% Traditional cash on cash: 3.21% Airbnb Rental Income: $643 Traditional Rental Income: $1188 Airbnb ROI: -0.42% Traditional ROI: 3.21%
6249 Monroe Avenue Hammond, IN This well-maintained 3-bedroom, 1-bath home showcases pride of ownership throughout and de...	3 beds \| 1 baths \| 1,015 sq.ft.	$219,900	Airbnb cash on cash: -0.59% Traditional cash on cash: 3.4% Airbnb Rental Income: $643 Traditional Rental Income: $1179 Airbnb ROI: -0.59% Traditional ROI: 3.4%

Real Estate investment in Hammond, IN

There are 67 properties for sale in the city of Hammond . The median list price in Hammond is $205,000 and the average price per square foot is $141. In May 2026, the average monthly cash on cash return in Hammond is 6.00%. The average monthly rental income in Hammond is $1,728.

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

There are 67 investment properties available for sale in Hammond.

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

The ROI for Short-Term is higher than the Long-Term in Hammond with average rental income of $643.

Your search for investment property begins and ends here

Investment Property for Sale in Hammond, IN

6630 Hohman Avenue

Hammond, IN

3 beds | 2 baths | 2,694 sq.ft.

$335,000

Airbnb cash on cash: -1.34%

Traditional cash on cash: 4.96%

Airbnb Rental Income: $643

Traditional Rental Income: $2331

Airbnb ROI: -1.34%

Traditional ROI: 4.96%

6525 California Avenue

Hammond, IN

3 beds | 2 baths | 1,800 sq.ft.

$229,900

Airbnb cash on cash: -1.4%

Traditional cash on cash: 6.44%

Airbnb Rental Income: $643

Traditional Rental Income: $2053

Airbnb ROI: -1.4%

Traditional ROI: 6.44%

6327 Nevada Avenue

Hammond, IN

3 beds | 1 baths | 1,056 sq.ft.

$195,000

Airbnb cash on cash: -0.32%

Traditional cash on cash: 4.49%

Airbnb Rental Income: $643

Traditional Rental Income: $1238

Airbnb ROI: -0.32%

Traditional ROI: 4.49%

3510 170th Court

Hammond, IN

3 beds | 2 baths | 1,154 sq.ft.

$134,900

Airbnb cash on cash: -1.09%

Traditional cash on cash: 7.42%

Airbnb Rental Income: $643

Traditional Rental Income: $1449

Airbnb ROI: -1.09%

Traditional ROI: 7.42%

6220 Garfield Avenue

Hammond, IN

4 beds | 3 baths | 2,074 sq.ft.

$199,900

Airbnb cash on cash: 5.94%

Traditional cash on cash: 11%

Airbnb Rental Income: $2240

Traditional Rental Income: $2637

Airbnb ROI: 5.94%

Traditional ROI: 11%

4911 Pine Avenue

Hammond, IN

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

$209,900

Airbnb cash on cash: 5.94%

Traditional cash on cash: 6.8%

Airbnb Rental Income: $2240

Traditional Rental Income: $1849

Airbnb ROI: 5.94%

Traditional ROI: 6.8%

3143 Parkway N Street

Hammond, IN

3 beds | 2 baths | 1,319 sq.ft.

$199,900

Airbnb cash on cash: -0.39%

Traditional cash on cash: 8.96%

Airbnb Rental Income: $643

Traditional Rental Income: $2120

Airbnb ROI: -0.39%

Traditional ROI: 8.96%

7418 Howard Avenue

Hammond, IN

2 beds | 1 baths | 696 sq.ft.

$137,900

Airbnb cash on cash: 1.77%

Traditional cash on cash: 4.32%

Airbnb Rental Income: $933

Traditional Rental Income: $926

Airbnb ROI: 1.77%