Real Estate Investment Properties for Sale in Hobart, IN

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
33 N Illinois Street Hobart, IN Back on the market at no fault of the seller, buyer got cold feet! LOCATION, LOCATION, LOC...	3 beds \| 2 baths \| 1,664 sq.ft.	$189,900	Airbnb cash on cash: 3.61% Traditional cash on cash: 8.83% Airbnb Rental Income: $1489 Traditional Rental Income: $1994 Airbnb ROI: 3.61% Traditional ROI: 8.83%
249 N Liberty Street Hobart, IN UPDATED AND QUIET NEIGBORHOOD great for families! This freshly updated home features a mod...	2 beds \| 2 baths \| 1,596 sq.ft.	$229,000	Airbnb cash on cash: 1.04% Traditional cash on cash: 6.38% Airbnb Rental Income: $1051 Traditional Rental Income: $1844 Airbnb ROI: 1.04% Traditional ROI: 6.38%
9219 Norris Drive Hobart, IN Very nice 4-bedroom in Deep River Pointe--all on one level! Beautiful open concept living ...	4 beds \| 2 baths \| 1,968 sq.ft.	$320,000	Airbnb cash on cash: -0.12% Traditional cash on cash: 5.99% Airbnb Rental Income: $966 Traditional Rental Income: $2456 Airbnb ROI: -0.12% Traditional ROI: 5.99%
7562 Montana Street Hobart, IN Welcome to this beautifully updated and affordable 3-bedroom, 1.5-bath ranch that perfectl...	3 beds \| 2 baths \| 1,568 sq.ft.	$230,000	Airbnb cash on cash: 2.7% Traditional cash on cash: 7.01% Airbnb Rental Income: $1489 Traditional Rental Income: $1989 Airbnb ROI: 2.7% Traditional ROI: 7.01%
1424 Mississippi Place Hobart, IN Exciting opportunity! This brick and frame Ranch offers 3 bedrooms, 1 full bath and a base...	3 beds \| 1 baths \| 1,176 sq.ft.	$149,900	Airbnb cash on cash: 4.5% Traditional cash on cash: 7.5% Airbnb Rental Income: $1489 Traditional Rental Income: $1483 Airbnb ROI: 4.5% Traditional ROI: 7.5%
237 Azalea Drive Hobart, IN Welcome Home to Peaceful Courtyard Living. Tucked away in a quiet, charming community, thi...	3 beds \| 2 baths \| 1,518 sq.ft.	$304,900	Airbnb cash on cash: 1.43% Traditional cash on cash: 2.82% Airbnb Rental Income: $1489 Traditional Rental Income: $1451 Airbnb ROI: 1.43% Traditional ROI: 2.82%
103 S California Street Hobart, IN 1.5 story cape cod in the heart of Hobart! A hop, skip and jump from Veteran's Elementary....	3 beds \| 2 baths \| 1,306 sq.ft.	$219,900	Airbnb cash on cash: 2.81% Traditional cash on cash: 6.11% Airbnb Rental Income: $1489 Traditional Rental Income: $1739 Airbnb ROI: 2.81% Traditional ROI: 6.11%
529 Lake Street Hobart, IN OPPORTUNITY IS KNOCKING! This 2 unit: 2 beds, 1 bath is a MUST SEE! Unit 1 (main level) Ne...	4 beds \| 2 baths \| N/A	$324,900	Airbnb cash on cash: -0.4% Traditional cash on cash: 2.39% Airbnb Rental Income: $966 Traditional Rental Income: $1468 Airbnb ROI: -0.4% Traditional ROI: 2.39%
2302 W 37th Ave Hobart, IN Buy through Auction.com. This foreclosure property is a great opportunity to invest in thi...	4 beds \| 2 baths \| 2,401 sq.ft.	$310,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.99% Airbnb Rental Income: $null Traditional Rental Income: $1844 Airbnb ROI: N/A Traditional ROI: 4.99%
919 W 7th Place Hobart, IN Ready-to-Build New Construction Near Lake George! Design your dream home with this stunnin...	3 beds \| 2 baths \| 1,626 sq.ft.	$385,000	Airbnb cash on cash: 1.39% Traditional cash on cash: 5.58% Airbnb Rental Income: $1489 Traditional Rental Income: $2565 Airbnb ROI: 1.39% Traditional ROI: 5.58%
326 S Lasalle Street Hobart, IN Fully remodeled 3 bedroom home. Fully remodeled kitchen with quartz counter tops.Fully rem...	3 beds \| 1 baths \| 2,688 sq.ft.	$269,000	Airbnb cash on cash: 1.95% Traditional cash on cash: 4.29% Airbnb Rental Income: $1489 Traditional Rental Income: $1646 Airbnb ROI: 1.95% Traditional ROI: 4.29%
1521 W 4th Street Hobart, IN Welcome home to this gorgeous 4-bedroom, 3-bath residence located in one of Hobart's most ...	4 beds \| 3 baths \| 3,332 sq.ft.	$384,900	Airbnb cash on cash: -0.26% Traditional cash on cash: 6.08% Airbnb Rental Income: $966 Traditional Rental Income: $2904 Airbnb ROI: -0.26% Traditional ROI: 6.08%
2910 Crowsnest Drive Hobart, IN Back Active on the market after some home updates! The entire home has new carpeting bring...	4 beds \| 3 baths \| 1,932 sq.ft.	$269,500	Airbnb cash on cash: 0.17% Traditional cash on cash: 7.82% Airbnb Rental Income: $966 Traditional Rental Income: $2561 Airbnb ROI: 0.17% Traditional ROI: 7.82%
652 S State Street Hobart, IN This 2 bedroom Hobart Bungalow was a complete remodel 5 years ago. Seller used only high e...	2 beds \| 1 baths \| 828 sq.ft.	$189,900	Airbnb cash on cash: 1.19% Traditional cash on cash: 3.12% Airbnb Rental Income: $1051 Traditional Rental Income: $1034 Airbnb ROI: 1.19% Traditional ROI: 3.12%
8 Deep River Drive Hobart, IN Excellent south side beauty. This home has lots to offer including larger then ordinary be...	3 beds \| 2 baths \| 1,617 sq.ft.	$242,000	Airbnb cash on cash: 2.24% Traditional cash on cash: 6.4% Airbnb Rental Income: $1489 Traditional Rental Income: $2005 Airbnb ROI: 2.24% Traditional ROI: 6.4%
4449 E 29th Avenue Hobart, IN Welcome to this brand-new ranch home in Hobart, Indiana, offering 1,478 square feet of tho...	3 beds \| 2 baths \| 1,478 sq.ft.	$325,000	Airbnb cash on cash: 2.11% Traditional cash on cash: 5.73% Airbnb Rental Income: $1489 Traditional Rental Income: $2156 Airbnb ROI: 2.11% Traditional ROI: 5.73%
922 Garfield Street Hobart, IN Are you ready for a WOW!!! Come take a look at this freshly renovated 3 bedroom home close...	3 beds \| 1 baths \| 1,608 sq.ft.	$225,000	Airbnb cash on cash: 2.12% Traditional cash on cash: 4.51% Airbnb Rental Income: $1489 Traditional Rental Income: $1561 Airbnb ROI: 2.12% Traditional ROI: 4.51%
1891 Cooke Street Hobart, IN Welcome to this beautiful two-story home that combines comfort, style, and functionality f...	4 beds \| 3 baths \| 3,165 sq.ft.	$414,900	Airbnb cash on cash: -0.76% Traditional cash on cash: 5.66% Airbnb Rental Income: $966 Traditional Rental Income: $3113 Airbnb ROI: -0.76% Traditional ROI: 5.66%
2816 W 38th Place Hobart, IN Welcome to your dream home! This fully renovated 4-bedroom, 2-bathroom ranch style brick h...	4 beds \| 2 baths \| 1,227 sq.ft.	$229,000	Airbnb cash on cash: 0.81% Traditional cash on cash: 6.45% Airbnb Rental Income: $966 Traditional Rental Income: $1838 Airbnb ROI: 0.81% Traditional ROI: 6.45%
6289 Grosbeak Court Hobart, IN This home is spotless and full of charm! With 2 bedrooms and 2 baths, you'll love the bran...	2 beds \| 3 baths \| 1,788 sq.ft.	$299,000	Airbnb cash on cash: 0.22% Traditional cash on cash: 5.48% Airbnb Rental Income: $1051 Traditional Rental Income: $2168 Airbnb ROI: 0.22% Traditional ROI: 5.48%
240 Rush Court Hobart, IN Discover 240 Rush Ct, Hobart, IN--a 4-bed, 1-bath bi-level home with incredible potential!...	4 beds \| 1 baths \| 2,080 sq.ft.	$275,000	Airbnb cash on cash: 0.14% Traditional cash on cash: 4.41% Airbnb Rental Income: $966 Traditional Rental Income: $1722 Airbnb ROI: 0.14% Traditional ROI: 4.41%
736 Cinnamon Teal Court Hobart, IN Stunning 1.5-Story Cape Cod in Sought-After Duck Creek Estates! This beautifully designed ...	4 beds \| 4 baths \| 3,430 sq.ft.	$424,900	Airbnb cash on cash: -0.38% Traditional cash on cash: 7.26% Airbnb Rental Income: $966 Traditional Rental Income: $3660 Airbnb ROI: -0.38% Traditional ROI: 7.26%
220 N Lake Park Avenue Hobart, IN Two separate parcels of land bundled together in one sale! Motivated seller!! This beautif...	3 beds \| 4 baths \| 3,102 sq.ft.	$442,900	Airbnb cash on cash: 0.37% Traditional cash on cash: 5.79% Airbnb Rental Income: $1489 Traditional Rental Income: $3299 Airbnb ROI: 0.37% Traditional ROI: 5.79%
416 Softwood Drive Hobart, IN	3 beds \| 2 baths \| 2,216 sq.ft.	$290,000	Airbnb cash on cash: 1.43% Traditional cash on cash: 6.07% Airbnb Rental Income: $1489 Traditional Rental Income: $2320 Airbnb ROI: 1.43% Traditional ROI: 6.07%
3753 Montgomery Street Hobart, IN Completely Remodeled in 2025! This home is looking forward to its new owner. Come see it a...	3 beds \| 1 baths \| 920 sq.ft.	$164,999	Airbnb cash on cash: 4.86% Traditional cash on cash: 6.01% Airbnb Rental Income: $1489 Traditional Rental Income: $1233 Airbnb ROI: 4.86% Traditional ROI: 6.01%
6140 Avocet Circle Hobart, IN Check out this updated 2 bed 2 bath 1/2 duplex in Barrington Ridge subdivision in Hobart. ...	2 beds \| 2 baths \| 1,632 sq.ft.	$264,900	Airbnb cash on cash: 0.16% Traditional cash on cash: 5.31% Airbnb Rental Income: $1051 Traditional Rental Income: $1973 Airbnb ROI: 0.16% Traditional ROI: 5.31%
101 E 13th Place Hobart, IN A HOME YOU WILL LOVE TO COME HOME TOO!! Beautiful 2 story has it all!! Covered front porch...	3 beds \| 3 baths \| 1,552 sq.ft.	$335,000	Airbnb cash on cash: 0.91% Traditional cash on cash: 4.2% Airbnb Rental Income: $1489 Traditional Rental Income: $2087 Airbnb ROI: 0.91% Traditional ROI: 4.2%
6233 Grand Boulevard Hobart, IN All Brick Home in a Country Setting on .97 acre. Gourmet Eat-in Kitchen with Stainless App...	5 beds \| 3 baths \| 4,560 sq.ft.	$455,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.71% Airbnb Rental Income: $null Traditional Rental Income: $3155 Airbnb ROI: N/A Traditional ROI: 4.71%
401 N Joliet Street Hobart, IN This 3 bedroom, 2 bathroom ranch with basement is nestled on a corner lot and is within wa...	3 beds \| 2 baths \| 1,352 sq.ft.	$224,900	Airbnb cash on cash: 3% Traditional cash on cash: 6.58% Airbnb Rental Income: $1489 Traditional Rental Income: $1815 Airbnb ROI: 3% Traditional ROI: 6.58%
812 S Lake Park Avenue Hobart, IN Charming English Cottage near Lake George. Step into timeless elegance with this 3-4 bedro...	3 beds \| 2 baths \| 2,314 sq.ft.	$264,900	Airbnb cash on cash: 1.45% Traditional cash on cash: 6.13% Airbnb Rental Income: $1489 Traditional Rental Income: $2221 Airbnb ROI: 1.45% Traditional ROI: 6.13%
1409 Independence Drive Hobart, IN Spacious 4 bedroom, 3 bathroom tri-level on a fenced in quarter acre lot! Step inside to h...	4 beds \| 3 baths \| 1,928 sq.ft.	$329,000	Airbnb cash on cash: -0.35% Traditional cash on cash: 5.97% Airbnb Rental Income: $966 Traditional Rental Income: $2570 Airbnb ROI: -0.35% Traditional ROI: 5.97%
800 Lake Street Hobart, IN Own a piece of history! Charming and immaculate home in a sweet location - just steps from...	2 beds \| 2 baths \| 1,066 sq.ft.	$224,900	Airbnb cash on cash: 1.15% Traditional cash on cash: 5.02% Airbnb Rental Income: $1051 Traditional Rental Income: $1512 Airbnb ROI: 1.15% Traditional ROI: 5.02%
121 S Wisconsin Street Hobart, IN 2 possible 3 bedrooms, 1 bath ranch home with a detached garage. Patio doors leading to th...	3 beds \| 1 baths \| 1,138 sq.ft.	$169,900	Airbnb cash on cash: 3.72% Traditional cash on cash: 6.16% Airbnb Rental Income: $1489 Traditional Rental Income: $1447 Airbnb ROI: 3.72% Traditional ROI: 6.16%
239 Laura Lane Hobart, IN Located at the end of Laura Lane, this impeccably maintained half-duplex offers more than ...	3 beds \| 2 baths \| 1,726 sq.ft.	$284,900	Airbnb cash on cash: 1.43% Traditional cash on cash: 4.98% Airbnb Rental Income: $1489 Traditional Rental Income: $2005 Airbnb ROI: 1.43% Traditional ROI: 4.98%
1303 W Cleveland Avenue Hobart, IN Attention Handy Homeowners and Investors! Welcome to this 2 bedroom, 1 bathroom home in Ho...	2 beds \| 1 baths \| 875 sq.ft.	$118,900	Airbnb cash on cash: 3.33% Traditional cash on cash: 6.86% Airbnb Rental Income: $1051 Traditional Rental Income: $1092 Airbnb ROI: 3.33% Traditional ROI: 6.86%
93 Lincoln Avenue Hobart, IN 3 Bedroom Home For Sale In New Chicago * Large Living Room * Separate Dining Area * 3 Nice...	3 beds \| 1 baths \| 1,236 sq.ft.	$105,900	Airbnb cash on cash: 7.05% Traditional cash on cash: 11.1% Airbnb Rental Income: $1489 Traditional Rental Income: $1467 Airbnb ROI: 7.05% Traditional ROI: 11.1%
1231 W 3rd Street Hobart, IN PRICE REDUCED FOR A QUICK SALE!!! LOOK! 2 unit home (duplex) for that motivated Investor. ...	3 beds \| 2 baths \| N/A	$209,900	Airbnb cash on cash: 1.9% Traditional cash on cash: 5.43% Airbnb Rental Income: $1489 Traditional Rental Income: $1754 Airbnb ROI: 1.9% Traditional ROI: 5.43%
2160 Hickory Drive Hobart, IN Hitting the market for the first time is this 3 year old tastefully decorated open concept...	4 beds \| 3 baths \| 2,280 sq.ft.	$445,000	Airbnb cash on cash: -0.89% Traditional cash on cash: 4.59% Airbnb Rental Income: $966 Traditional Rental Income: $2899 Airbnb ROI: -0.89% Traditional ROI: 4.59%
3170 Lawrence Street Hobart, IN This 3 bedroom ranch home features stainless steel appliances, vinyl plank flooring throug...	3 beds \| 1 baths \| 888 sq.ft.	$181,000	Airbnb cash on cash: 3.44% Traditional cash on cash: 4.94% Airbnb Rental Income: $1489 Traditional Rental Income: $1311 Airbnb ROI: 3.44% Traditional ROI: 4.94%
7339 Grand Boulevard Hobart, IN Sweet country setting - close to everything! Sitting on 3/4 of an acre, this lovingly main...	3 beds \| 1 baths \| 1,120 sq.ft.	$209,900	Airbnb cash on cash: 3.23% Traditional cash on cash: 5.37% Airbnb Rental Income: $1489 Traditional Rental Income: $1478 Airbnb ROI: 3.23% Traditional ROI: 5.37%

Real Estate investment in Hobart, IN

There are 63 properties for sale in the city of Hobart . The median list price in Hobart is $197,400 and the average price per square foot is $131. In January 2026, the average monthly cash on cash return in Hobart is 6.00%. The average monthly rental income in Hobart is $1,747.

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

There are 63 investment properties available for sale in Hobart.

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

The ROI for Long-Term is higher than the Short-Term in Hobart with average rental income of $1,747.

Your search for investment property begins and ends here

Investment Property for Sale in Hobart, IN

33 N Illinois Street

Hobart, IN

3 beds | 2 baths | 1,664 sq.ft.

$189,900

Airbnb cash on cash: 3.61%

Traditional cash on cash: 8.83%

Airbnb Rental Income: $1489

Traditional Rental Income: $1994

Airbnb ROI: 3.61%

Traditional ROI: 8.83%

249 N Liberty Street

Hobart, IN

2 beds | 2 baths | 1,596 sq.ft.

$229,000

Airbnb cash on cash: 1.04%

Traditional cash on cash: 6.38%

Airbnb Rental Income: $1051

Traditional Rental Income: $1844

Airbnb ROI: 1.04%

Traditional ROI: 6.38%

9219 Norris Drive

Hobart, IN

4 beds | 2 baths | 1,968 sq.ft.

$320,000

Airbnb cash on cash: -0.12%

Traditional cash on cash: 5.99%

Airbnb Rental Income: $966

Traditional Rental Income: $2456

Airbnb ROI: -0.12%

Traditional ROI: 5.99%

7562 Montana Street

Hobart, IN

3 beds | 2 baths | 1,568 sq.ft.

$230,000

Airbnb cash on cash: 2.7%

Traditional cash on cash: 7.01%

Airbnb Rental Income: $1489

Traditional Rental Income: $1989

Airbnb ROI: 2.7%

Traditional ROI: 7.01%

1424 Mississippi Place

Hobart, IN

3 beds | 1 baths | 1,176 sq.ft.

$149,900

Airbnb cash on cash: 4.5%

Traditional cash on cash: 7.5%

Airbnb Rental Income: $1489

Traditional Rental Income: $1483

Airbnb ROI: 4.5%

Traditional ROI: 7.5%

237 Azalea Drive

Hobart, IN

3 beds | 2 baths | 1,518 sq.ft.

$304,900

Airbnb cash on cash: 1.43%

Traditional cash on cash: 2.82%

Airbnb Rental Income: $1489

Traditional Rental Income: $1451

Airbnb ROI: 1.43%

Traditional ROI: 2.82%

103 S California Street

Hobart, IN

3 beds | 2 baths | 1,306 sq.ft.

$219,900

Airbnb cash on cash: 2.81%

Traditional cash on cash: 6.11%

Airbnb Rental Income: $1489

Traditional Rental Income: $1739

Airbnb ROI: 2.81%

Traditional ROI: 6.11%

529 Lake Street

Hobart, IN

4 beds | 2 baths | N/A

$324,900

Airbnb cash on cash: -0.4%

Traditional cash on cash: 2.39%

Airbnb Rental Income: $966

Traditional Rental Income: $1468

Airbnb ROI: -0.4%