Real Estate Investment Properties for Sale in Leo, IN

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
15711 Viberg Road Leo, IN Welcome to an unparalleled residence nestled in picturesque Leo, where luxury transcends t...	5 beds \| 7 baths \| 7,380 sq.ft.	$1,100,000	Airbnb cash on cash: -1.17% Traditional cash on cash: 4.73% Airbnb Rental Income: $1339 Traditional Rental Income: $6966 Airbnb ROI: -1.17% Traditional ROI: 4.73%
15304 Wild Meadows Place Leo, IN *Lots of new paint/touchups were just done (in July). This custom built 2 story home in th...	3 beds \| 4 baths \| 2,701 sq.ft.	$389,900	Airbnb cash on cash: 1.83% Traditional cash on cash: 5.91% Airbnb Rental Income: $2067 Traditional Rental Income: $3023 Airbnb ROI: 1.83% Traditional ROI: 5.91%
10235 Consta Verde Commons Leo, IN Open House Sunday August 31 from 2-4 PM! Welcome to this beautifully crafted 4-bedroom, 4....	4 beds \| 5 baths \| 4,228 sq.ft.	$539,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.73% Airbnb Rental Income: $null Traditional Rental Income: $4849 Airbnb ROI: N/A Traditional ROI: 7.73%
15293 Leo Creek Boulevard Leo, IN !!!OPEN HOUSE 4/27 1-3 PM!!! Stunning 3-Bed, 2.5-Bath Custom-Built Home in Leo, IN â 235...	3 beds \| 3 baths \| 2,357 sq.ft.	$479,900	Airbnb cash on cash: 1.25% Traditional cash on cash: 4.24% Airbnb Rental Income: $2067 Traditional Rental Income: $2875 Airbnb ROI: 1.25% Traditional ROI: 4.24%
11717 Markham Court Leo, IN First Right Contingency. Accepting backup offers. Welcome to this stunning 4-bedroom, 2.5...	4 beds \| 3 baths \| 1,993 sq.ft.	$310,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.91% Airbnb Rental Income: $null Traditional Rental Income: $2643 Airbnb ROI: N/A Traditional ROI: 6.91%
10229 Consta Verde Commons Leo, IN WELCOME TO LEO! This spacious, beautiful home features just over 3,600 sq ft of living sp...	4 beds \| 4 baths \| 3,612 sq.ft.	$409,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.27% Airbnb Rental Income: $null Traditional Rental Income: $3565 Airbnb ROI: N/A Traditional ROI: 7.27%
14609 Bobcat Court Leo, IN Very well kept Pioneer Village two story home - Manicured lawn and landscaping. Low mainte...	4 beds \| 4 baths \| 3,344 sq.ft.	$459,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.48% Airbnb Rental Income: $null Traditional Rental Income: $3274 Airbnb ROI: N/A Traditional ROI: 5.48%
10446 Beaugreen Cove Leo, IN This Hescot home has a water view and is in the sought after Tullymore Run Subdivision in ...	4 beds \| 3 baths \| 2,810 sq.ft.	$589,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.58% Airbnb Rental Income: $null Traditional Rental Income: $3216 Airbnb ROI: N/A Traditional ROI: 4.58%
15332 Annabelle Place Leo, IN Meticulously kept 2 year old Villa in Leo for sale!!! Villa Dues Covered for the rest of t...	3 beds \| 2 baths \| 1,815 sq.ft.	$439,900	Airbnb cash on cash: 1.53% Traditional cash on cash: 2.5% Airbnb Rental Income: $2067 Traditional Rental Income: $1935 Airbnb ROI: 1.53% Traditional ROI: 2.5%
17810 Tullymore Lane Leo, IN Villa living doesn't get better than this! Legacy Homes by Delagrange custom built this Vi...	3 beds \| 2 baths \| 1,959 sq.ft.	$499,900	Airbnb cash on cash: 1.95% Traditional cash on cash: 3.77% Airbnb Rental Income: $2067 Traditional Rental Income: $2384 Airbnb ROI: 1.95% Traditional ROI: 3.77%
18096 Tullymore Lane #34TR Leo, IN OPEN HOUSE HELD SUNDAYS 2-4:pm. Discover the charm of our brand-new Hampton Modern Farm ho...	5 beds \| 4 baths \| 4,052 sq.ft.	$719,798	Airbnb cash on cash: -0.71% Traditional cash on cash: 3.39% Airbnb Rental Income: $1339 Traditional Rental Income: $3675 Airbnb ROI: -0.71% Traditional ROI: 3.39%
15114 Lions Passage Leo, IN Great Property. Massive Inlaw Suite with private entrance. Over 1/2 acre lot in walking di...	4 beds \| 3 baths \| 2,821 sq.ft.	$435,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.18% Airbnb Rental Income: $null Traditional Rental Income: $2968 Airbnb ROI: N/A Traditional ROI: 5.18%
17883 Carne Cove Leo, IN A spacious new ranch home built by Granite Ridge Builders in the Tullymore Run. This 1728 ...	3 beds \| 2 baths \| 1,728 sq.ft.	$404,900	Airbnb cash on cash: 2.59% Traditional cash on cash: 4.57% Airbnb Rental Income: $2067 Traditional Rental Income: $2282 Airbnb ROI: 2.59% Traditional ROI: 4.57%
8578 Virgo Run Leo, IN This new home was just completed by Granite Ridge Builders in Leo has all the best feature...	3 beds \| 2 baths \| 1,520 sq.ft.	$379,900	Airbnb cash on cash: 2.06% Traditional cash on cash: 3.83% Airbnb Rental Income: $2067 Traditional Rental Income: $2164 Airbnb ROI: 2.06% Traditional ROI: 3.83%
18015 Tullymore Lane Leo, IN This STUNNING home is 100% ready to move in! As soon as you enter, you notice soaring 10 f...	4 beds \| 4 baths \| 3,566 sq.ft.	$759,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.44% Airbnb Rental Income: $null Traditional Rental Income: $3817 Airbnb ROI: N/A Traditional ROI: 3.44%
5006 Vandolah Road Leo, IN Welcome to a stunning residence nestled on a sprawling nearly 3-acre estate, complete with...	3 beds \| 6 baths \| 7,380 sq.ft.	$674,900	Airbnb cash on cash: 0.94% Traditional cash on cash: 7.86% Airbnb Rental Income: $2067 Traditional Rental Income: $5892 Airbnb ROI: 0.94% Traditional ROI: 7.86%
10123 Consta Verde Commons Leo, IN Rare opportunity to purchase beautiful 1.5 story home in highly sought after Leo Schools. ...	3 beds \| 4 baths \| 3,729 sq.ft.	$459,900	Airbnb cash on cash: 1.49% Traditional cash on cash: 4.98% Airbnb Rental Income: $2067 Traditional Rental Income: $3034 Airbnb ROI: 1.49% Traditional ROI: 4.98%
17727 Castlefeane Court Leo, IN 5 bed J&K home with 4 car garage on beautiful pond lot in Leo schools! This lot is almost ...	5 beds \| 6 baths \| 4,699 sq.ft.	$999,000	Airbnb cash on cash: -1.02% Traditional cash on cash: 5.86% Airbnb Rental Income: $1339 Traditional Rental Income: $7322 Airbnb ROI: -1.02% Traditional ROI: 5.86%
17818 Amstutz Road Leo, IN $50K PRICE REDUCTION + SELLER OFFERING AN ADDITIONAL $50K TOWARDS BUYER RATE BUY-DOWN, CLO...	4 beds \| 5 baths \| 5,295 sq.ft.	$1,350,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.35% Airbnb Rental Income: $null Traditional Rental Income: $5008 Airbnb ROI: N/A Traditional ROI: 2.35%
10610 Garman Road Leo, IN Back on market due to no fault of sellers. Buyer's financing fell through. Welcome to this...	4 beds \| 4 baths \| 3,245 sq.ft.	$615,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.51% Airbnb Rental Income: $null Traditional Rental Income: $3710 Airbnb ROI: N/A Traditional ROI: 4.51%
14722 Settlers Trail Leo, IN Take a look at this 2 story home on a finished basement in the small community of Leo. Le...	4 beds \| 4 baths \| 3,531 sq.ft.	$437,500	Airbnb cash on cash: N/A Traditional cash on cash: 6.66% Airbnb Rental Income: $null Traditional Rental Income: $3618 Airbnb ROI: N/A Traditional ROI: 6.66%
15154 Annabelle Place Leo, IN Step into refined comfort in this never-lived-in villa built by Granite Ridge and thoughtf...	3 beds \| 2 baths \| 2,167 sq.ft.	$565,000	Airbnb cash on cash: 0.82% Traditional cash on cash: 3.26% Airbnb Rental Income: $2067 Traditional Rental Income: $2821 Airbnb ROI: 0.82% Traditional ROI: 3.26%
10809 Conrad Creek Court Leo, IN Open House Saturday 1â4 PM. Makarios Place is more than just a neighborhoodâit's a tru...	4 beds \| 3 baths \| 2,787 sq.ft.	$784,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.32% Airbnb Rental Income: $null Traditional Rental Income: $3210 Airbnb ROI: N/A Traditional ROI: 2.32%
17714 Letterbrick Run Leo, IN New Construction by Bob Buescher Homes \| Estimated Completion: October 31, 2025. Welcome t...	4 beds \| 3 baths \| 2,689 sq.ft.	$619,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.19% Airbnb Rental Income: $null Traditional Rental Income: $3148 Airbnb ROI: N/A Traditional ROI: 4.19%
9708 Pioneer Trail Leo, IN Welcome to 9708 Pioneer Trail. This beautifully updated two-story home in the award-winnin...	4 beds \| 3 baths \| 1,964 sq.ft.	$327,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.37% Airbnb Rental Income: $null Traditional Rental Income: $2607 Airbnb ROI: N/A Traditional ROI: 6.37%
9344 Garman Road Leo, IN Welcome to a private, custom-built estate on 7.5 scenic acres in desirable Leo, Indiana. T...	3 beds \| 6 baths \| 5,075 sq.ft.	$1,330,000	Airbnb cash on cash: -0.65% Traditional cash on cash: 2.75% Airbnb Rental Income: $2067 Traditional Rental Income: $5736 Airbnb ROI: -0.65% Traditional ROI: 2.75%
12805 Main Street Leo, IN Coming Soon. Showings start Sunday August 17th. Open House Sunday 3:00-5:00.Completely rem...	3 beds \| 2 baths \| 1,408 sq.ft.	$274,900	Airbnb cash on cash: 4.33% Traditional cash on cash: 6.23% Airbnb Rental Income: $2067 Traditional Rental Income: $2028 Airbnb ROI: 4.33% Traditional ROI: 6.23%
9106 Solar Cove Leo, IN Open Sunday, Aug 17th, 2:00 - 4:00. Custom built by Granite Ridge Builders, this spacious ...	3 beds \| 3 baths \| 1,835 sq.ft.	$384,900	Airbnb cash on cash: 1.81% Traditional cash on cash: 4.89% Airbnb Rental Income: $2067 Traditional Rental Income: $2646 Airbnb ROI: 1.81% Traditional ROI: 4.89%
7732 Hosler Road Leo, IN Leo Schools - .46 acre lot - private backyard. 3 bedroom plus a den, and 2 full bathrooms....	3 beds \| 2 baths \| 1,520 sq.ft.	$158,000	Airbnb cash on cash: 7.52% Traditional cash on cash: 11.2% Airbnb Rental Income: $2067 Traditional Rental Income: $2089 Airbnb ROI: 7.52% Traditional ROI: 11.2%
15309 Wild Meadow Place Leo, IN Stunning new listing in the desirable Lionsgate Passage in the sought after Leo school dis...	4 beds \| 4 baths \| 4,919 sq.ft.	$545,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.16% Airbnb Rental Income: $null Traditional Rental Income: $3715 Airbnb ROI: N/A Traditional ROI: 5.16%
12707 Elsworth Street Leo, IN This beautiful property just appraised for $455,000 mid August 2025, grab your instant equ...	5 beds \| 3 baths \| 2,870 sq.ft.	$444,900	Airbnb cash on cash: 0.29% Traditional cash on cash: 5.37% Airbnb Rental Income: $1339 Traditional Rental Income: $3041 Airbnb ROI: 0.29% Traditional ROI: 5.37%

Real Estate investment in Leo, IN

There are 31 properties for sale in the city of Leo . The median list price in Leo is $479,900 and the average price per square foot is $147. In September 2025, the average monthly cash on cash return in Leo is 5.00%. The average monthly rental income in Leo is $3,148.

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

There are 31 investment properties available for sale in Leo.

In 2025, the best neighborhood to buy investment property is Leo.

The ROI for Long-Term is higher than the Short-Term in Leo with average rental income of $3,148.

Your search for investment property begins and ends here

Investment Property for Sale in Leo, IN

15711 Viberg Road

Leo, IN

5 beds | 7 baths | 7,380 sq.ft.

$1,100,000

Airbnb cash on cash: -1.17%

Traditional cash on cash: 4.73%

Airbnb Rental Income: $1339

Traditional Rental Income: $6966

Airbnb ROI: -1.17%

Traditional ROI: 4.73%

15304 Wild Meadows Place

Leo, IN

3 beds | 4 baths | 2,701 sq.ft.

$389,900

Airbnb cash on cash: 1.83%

Traditional cash on cash: 5.91%

Airbnb Rental Income: $2067

Traditional Rental Income: $3023

Airbnb ROI: 1.83%

Traditional ROI: 5.91%

10235 Consta Verde Commons

Leo, IN

4 beds | 5 baths | 4,228 sq.ft.

$539,900

Airbnb cash on cash: N/A

Traditional cash on cash: 7.73%

Airbnb Rental Income: $null

Traditional Rental Income: $4849

Airbnb ROI: N/A

Traditional ROI: 7.73%

15293 Leo Creek Boulevard

Leo, IN

3 beds | 3 baths | 2,357 sq.ft.

$479,900

Airbnb cash on cash: 1.25%

Traditional cash on cash: 4.24%

Airbnb Rental Income: $2067

Traditional Rental Income: $2875

Airbnb ROI: 1.25%

Traditional ROI: 4.24%

11717 Markham Court

Leo, IN

4 beds | 3 baths | 1,993 sq.ft.

$310,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.91%

Airbnb Rental Income: $null

Traditional Rental Income: $2643

Airbnb ROI: N/A

Traditional ROI: 6.91%

10229 Consta Verde Commons

Leo, IN

4 beds | 4 baths | 3,612 sq.ft.

$409,900

Airbnb cash on cash: N/A

Traditional cash on cash: 7.27%

Airbnb Rental Income: $null

Traditional Rental Income: $3565

Airbnb ROI: N/A

Traditional ROI: 7.27%

14609 Bobcat Court

Leo, IN

4 beds | 4 baths | 3,344 sq.ft.

$459,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.48%

Airbnb Rental Income: $null

Traditional Rental Income: $3274

Airbnb ROI: N/A

Traditional ROI: 5.48%

10446 Beaugreen Cove

Leo, IN

4 beds | 3 baths | 2,810 sq.ft.

$589,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.58%

Airbnb Rental Income: $null

Traditional Rental Income: $3216

Airbnb ROI: N/A