Real Estate Investment Properties for Sale in Lapel, IN

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
3075 Oakmont Dr Lapel, IN Who doesn't want to live in Lapel? This 3 bedroom brick ranch is located in Brookside Add...	3 beds \| 2 baths \| 1,534 sq.ft.	$314,900	Airbnb cash on cash: 1.74% Traditional cash on cash: 3.63% Airbnb Rental Income: $1493 Traditional Rental Income: $1616 Airbnb ROI: 1.74% Traditional ROI: 3.63%
421 W Pendleton Ave Lapel, IN Cute and affordable home located on a corner lot in Lapel. This one level home sits of two...	3 beds \| 1 baths \| 2,016 sq.ft.	$204,900	Airbnb cash on cash: 3.69% Traditional cash on cash: 4.71% Airbnb Rental Income: $1493 Traditional Rental Income: $1254 Airbnb ROI: 3.69% Traditional ROI: 4.71%
124 W 2nd St Lapel, IN Lapel Schools! Newly updated, 2-bedroom ranch home on a large double lot in Lapel. New kit...	2 beds \| 1 baths \| 701 sq.ft.	$120,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.89% Airbnb Rental Income: $null Traditional Rental Income: $944 Airbnb ROI: N/A Traditional ROI: 5.89%
9417 Crimson Cir Lapel, IN Seller to pay up to $8000 in closing costs. Welcome to the 2,439 sq. ft. Harrison by Dunnh...	4 beds \| 2 baths \| 2,439 sq.ft.	$409,900	Airbnb cash on cash: 2.65% Traditional cash on cash: 4.78% Airbnb Rental Income: $2053 Traditional Rental Income: $2339 Airbnb ROI: 2.65% Traditional ROI: 4.78%
1019 N John St Lapel, IN Picture this: 1019 N John ST, LAPEL, IN, nestled in the heart of Madison County, where sma...	3 beds \| 1 baths \| 1,156 sq.ft.	$210,000	Airbnb cash on cash: 2.92% Traditional cash on cash: 4.82% Airbnb Rental Income: $1493 Traditional Rental Income: $1435 Airbnb ROI: 2.92% Traditional ROI: 4.82%
614 S Woodward St Lapel, IN	3 beds \| 2 baths \| 2,096 sq.ft.	$212,000	Airbnb cash on cash: 2.95% Traditional cash on cash: 6.64% Airbnb Rental Income: $1493 Traditional Rental Income: $1797 Airbnb ROI: 2.95% Traditional ROI: 6.64%
1592.5 S State Rd 13 Lapel, IN 1592.5 S State Rd 13, Lapel, IN 46051 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$375,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.67% Airbnb Rental Income: $null Traditional Rental Income: $507 Airbnb ROI: N/A Traditional ROI: -0.67%
9007 S Indiana 13 & Indiana 38 Hwy Lapel, IN 9007 S Indiana 13 & Indiana 38 Hwy, Lapel, IN 46051 \| Other	N/A beds \| N/A baths \| N/A	$10,185,000	Airbnb cash on cash: N/A Traditional cash on cash: -1.81% Airbnb Rental Income: $null Traditional Rental Income: $428 Airbnb ROI: N/A Traditional ROI: -1.81%
The Fayette Plan Lapel, IN The Fayette Plan, Lapel, IN 46051 \| Single Family Residential	3 beds \| 2 baths \| 1,741 sq.ft.	$369,900	Airbnb cash on cash: 0.86% Traditional cash on cash: 2.51% Airbnb Rental Income: $1493 Traditional Rental Income: $1628 Airbnb ROI: 0.86% Traditional ROI: 2.51%
0 State Hwy 13 & 38 Hwy Lapel, IN 0 State Hwy 13 & 38 Hwy, Lapel, IN 46051 \| Other	N/A beds \| N/A baths \| N/A	$3,450,000	Airbnb cash on cash: N/A Traditional cash on cash: -1.74% Airbnb Rental Income: $null Traditional Rental Income: $428 Airbnb ROI: N/A Traditional ROI: -1.74%
1028 N Walnut St Lapel, IN 1028 N Walnut St, Lapel, IN 46051 \| Single Family Residential	4 beds \| 3 baths \| 1,577 sq.ft.	$280,000	Airbnb cash on cash: 3.57% Traditional cash on cash: 5.13% Airbnb Rental Income: $2053 Traditional Rental Income: $1933 Airbnb ROI: 3.57% Traditional ROI: 5.13%
9796 W 300 S Lapel, IN 9796 W 300 S, Lapel, IN 46051 \| Single Family Residential	3 beds \| 1 baths \| 1,988 sq.ft.	$567,500	Airbnb cash on cash: -0.03% Traditional cash on cash: 0.24% Airbnb Rental Income: $1493 Traditional Rental Income: $1200 Airbnb ROI: -0.03% Traditional ROI: 0.24%
3108 Ash Way Lapel, IN At 3108 Ash WAY in LAPEL, IN, this attractive single-family residence, built in 1999, offe...	4 beds \| 3 baths \| 2,799 sq.ft.	$375,900	Airbnb cash on cash: 2.28% Traditional cash on cash: 5.43% Airbnb Rental Income: $2053 Traditional Rental Income: $2635 Airbnb ROI: 2.28% Traditional ROI: 5.43%
9781 W Walnut St Lapel, IN Discover this 3-bedroom, 1.5-bath home in Lapel, nestled within the Town of Fishersburg su...	3 beds \| 1 baths \| 3,240 sq.ft.	$199,900	Airbnb cash on cash: 3.55% Traditional cash on cash: 9.56% Airbnb Rental Income: $1493 Traditional Rental Income: $2196 Airbnb ROI: 3.55% Traditional ROI: 9.56%
203 Kerr Drive Lapel, IN Welcome home to this inviting split-level residence offering plenty of space to live, rela...	3 beds \| 2 baths \| 1,852 sq.ft.	$269,900	Airbnb cash on cash: 2.2% Traditional cash on cash: 6.61% Airbnb Rental Income: $1493 Traditional Rental Income: $2178 Airbnb ROI: 2.2% Traditional ROI: 6.61%
126 W 9th Street Lapel, IN Welcome home to this adorable and well-maintained home nestled in the heart of downtown La...	2 beds \| 2 baths \| 1,296 sq.ft.	$239,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.13% Airbnb Rental Income: $null Traditional Rental Income: $1570 Airbnb ROI: N/A Traditional ROI: 5.13%
2140 State Road 13 Lapel, IN 2140 State Road 13, Lapel, IN 46051 \| Single Family Residential	3 beds \| 1 baths \| 1,508 sq.ft.	$239,900	Airbnb cash on cash: 2.4% Traditional cash on cash: 3.29% Airbnb Rental Income: $1493 Traditional Rental Income: $1256 Airbnb ROI: 2.4% Traditional ROI: 3.29%
503 Tulip Tree Dr Lapel, IN Step inside this inviting home with its classic exterior and warm ambiance. As you enter, ...	4 beds \| 2 baths \| 2,242 sq.ft.	$380,000	Airbnb cash on cash: 2.05% Traditional cash on cash: 3.85% Airbnb Rental Income: $2053 Traditional Rental Income: $2162 Airbnb ROI: 2.05% Traditional ROI: 3.85%
534 Central Ave Lapel, IN 534 Central Ave, Lapel, IN 46051 \| Manufactured Home	3 beds \| 2 baths \| 1,080 sq.ft.	$119,900	Airbnb cash on cash: 6.48% Traditional cash on cash: 8.38% Airbnb Rental Income: $1493 Traditional Rental Income: $1275 Airbnb ROI: 6.48% Traditional ROI: 8.38%
9167 Beechwood Dr Lapel, IN 9167 Beechwood Dr, Lapel, IN 46051 \| Single Family Residential	4 beds \| 2 baths \| 3,055 sq.ft.	$524,900	Airbnb cash on cash: 1.07% Traditional cash on cash: 2.76% Airbnb Rental Income: $2053 Traditional Rental Income: $2350 Airbnb ROI: 1.07% Traditional ROI: 2.76%
505 Persimmon Pass Lapel, IN Welcome home to this like-new ranch in Lapel! Built in 2024, this fully brick-wrapped sing...	3 beds \| 2 baths \| 1,922 sq.ft.	$365,000	Airbnb cash on cash: 1.69% Traditional cash on cash: 6.29% Airbnb Rental Income: $1493 Traditional Rental Income: $2633 Airbnb ROI: 1.69% Traditional ROI: 6.29%
316 S Woodward St Lapel, IN Welcome to 316 Woodward Street, this beautifully renovated 4-bedroom, 3-bath home offers 2...	4 beds \| 3 baths \| 2,592 sq.ft.	$309,900	Airbnb cash on cash: 3.57% Traditional cash on cash: 7.44% Airbnb Rental Income: $2053 Traditional Rental Income: $2648 Airbnb ROI: 3.57% Traditional ROI: 7.44%
8831 W 10 N Lapel, IN 8831 W 10 N, Lapel, IN 46051 \| Single Family Residential	3 beds \| 2 baths \| 2,165 sq.ft.	$450,000	Airbnb cash on cash: 0.44% Traditional cash on cash: 2.41% Airbnb Rental Income: $1493 Traditional Rental Income: $1884 Airbnb ROI: 0.44% Traditional ROI: 2.41%
409 W 8th St Lapel, IN 409 W 8th St, Lapel, IN 46051 \| Single Family Residential	2 beds \| 1 baths \| 910 sq.ft.	$179,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.72% Airbnb Rental Income: $null Traditional Rental Income: $873 Airbnb ROI: N/A Traditional ROI: 2.72%
1031 N Walnut Lapel, IN 1031 N Walnut, Lapel, IN 46051 \| Single Family Residential	3 beds \| 2 baths \| 1,438 sq.ft.	$273,000	Airbnb cash on cash: 1.9% Traditional cash on cash: 3.68% Airbnb Rental Income: $1493 Traditional Rental Income: $1514 Airbnb ROI: 1.9% Traditional ROI: 3.68%

Real Estate investment in Lapel, IN

There are 25 properties for sale in the city of Lapel . The median list price in Lapel is $267,840 and the average price per square foot is $168. In August 2026, the average monthly cash on cash return in Lapel is 4.00%. The average monthly rental income in Lapel is $2,171.

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

There are 25 investment properties available for sale in Lapel.

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

The ROI for Long-Term is higher than the Short-Term in Lapel with average rental income of $2,171.

Your search for investment property begins and ends here

Investment Property for Sale in Lapel, IN

3075 Oakmont Dr

Lapel, IN

3 beds | 2 baths | 1,534 sq.ft.

$314,900

Airbnb cash on cash: 1.74%

Traditional cash on cash: 3.63%

Airbnb Rental Income: $1493

Traditional Rental Income: $1616

Airbnb ROI: 1.74%

Traditional ROI: 3.63%

421 W Pendleton Ave

Lapel, IN

3 beds | 1 baths | 2,016 sq.ft.

$204,900

Airbnb cash on cash: 3.69%

Traditional cash on cash: 4.71%

Airbnb Rental Income: $1493

Traditional Rental Income: $1254

Airbnb ROI: 3.69%

Traditional ROI: 4.71%

124 W 2nd St

Lapel, IN

2 beds | 1 baths | 701 sq.ft.

$120,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.89%

Airbnb Rental Income: $null

Traditional Rental Income: $944

Airbnb ROI: N/A

Traditional ROI: 5.89%

9417 Crimson Cir

Lapel, IN

4 beds | 2 baths | 2,439 sq.ft.

$409,900

Airbnb cash on cash: 2.65%

Traditional cash on cash: 4.78%

Airbnb Rental Income: $2053

Traditional Rental Income: $2339

Airbnb ROI: 2.65%

Traditional ROI: 4.78%

1019 N John St

Lapel, IN

3 beds | 1 baths | 1,156 sq.ft.

$210,000

Airbnb cash on cash: 2.92%

Traditional cash on cash: 4.82%

Airbnb Rental Income: $1493

Traditional Rental Income: $1435

Airbnb ROI: 2.92%

Traditional ROI: 4.82%

614 S Woodward St

Lapel, IN

3 beds | 2 baths | 2,096 sq.ft.

$212,000

Airbnb cash on cash: 2.95%

Traditional cash on cash: 6.64%

Airbnb Rental Income: $1493

Traditional Rental Income: $1797

Airbnb ROI: 2.95%

Traditional ROI: 6.64%

1592.5 S State Rd 13

Lapel, IN

N/A beds | N/A baths | 0 sq.ft.

$375,000

Airbnb cash on cash: N/A

Traditional cash on cash: -0.67%

Airbnb Rental Income: $null

Traditional Rental Income: $507

Airbnb ROI: N/A

Traditional ROI: -0.67%

9007 S Indiana 13 & Indiana 38 Hwy

Lapel, IN

N/A beds | N/A baths | N/A

$10,185,000

Airbnb cash on cash: N/A

Traditional cash on cash: -1.81%

Airbnb Rental Income: $null

Traditional Rental Income: $428

Airbnb ROI: N/A