Real Estate Investment Properties for Sale in Mishawaka, IN

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1524 Tall Grass Prairie Dr Mishawaka, IN Here it is! 4 bedroom, 3.5 bathroom home, built in 2017, is now available in PHM School Di...	4 beds \| 3 baths \| 2,050 sq.ft.	$354,900	Airbnb cash on cash: 2.69% Traditional cash on cash: 6.67% Airbnb Rental Income: $2026 Traditional Rental Income: $2825 Airbnb ROI: 2.69% Traditional ROI: 6.67%
207 W 12th Street Mishawaka, IN Get into this beautiful 4 bedroom home, Michiana! Walk up to a pretty porch space for your...	4 beds \| 2 baths \| 1,676 sq.ft.	$165,000	Airbnb cash on cash: 6.94% Traditional cash on cash: 11.66% Airbnb Rental Income: $2026 Traditional Rental Income: $2242 Airbnb ROI: 6.94% Traditional ROI: 11.66%
307 N Walnut St Mishawaka, IN Completely remodeled tri-level Open Concept home in Mishawaka school district. Completely...	4 beds \| 1 baths \| 1,437 sq.ft.	$224,900	Airbnb cash on cash: 5.1% Traditional cash on cash: 4.24% Airbnb Rental Income: $2026 Traditional Rental Income: $1317 Airbnb ROI: 5.1% Traditional ROI: 4.24%
4326 Douthart Place Mishawaka, IN Showings start on 6/11 Welcome home to this move-in ready, one-owner property built i...	4 beds \| 3 baths \| 1,870 sq.ft.	$365,000	Airbnb cash on cash: 2.4% Traditional cash on cash: 6.32% Airbnb Rental Income: $2026 Traditional Rental Income: $2842 Airbnb ROI: 2.4% Traditional ROI: 6.32%
2934 Colonial Dr Mishawaka, IN If you are looking for home that has been impeccably maintained, well-loved, has a manicur...	3 beds \| 2 baths \| 1,628 sq.ft.	$249,500	Airbnb cash on cash: 6.58% Traditional cash on cash: 7.07% Airbnb Rental Income: $2654 Traditional Rental Income: $2137 Airbnb ROI: 6.58% Traditional ROI: 7.07%
526 Kamm Island Pl #12 Mishawaka, IN OPEN HOUSE 11/17 from 2-4pm Luxurious living w/beautiful views close to Notre Dame! Th...	4 beds \| 3 baths \| 2,947 sq.ft.	$749,900	Airbnb cash on cash: -0.26% Traditional cash on cash: 1.6% Airbnb Rental Income: $2026 Traditional Rental Income: $2802 Airbnb ROI: -0.26% Traditional ROI: 1.6%
1010 W Lawrence St Mishawaka, IN Step into a move-in ready Mishawaka home with major updates already handled for you. Enjoy...	3 beds \| 1 baths \| 1,602 sq.ft.	$205,000	Airbnb cash on cash: 8.15% Traditional cash on cash: 8.23% Airbnb Rental Income: $2654 Traditional Rental Income: $2038 Airbnb ROI: 8.15% Traditional ROI: 8.23%
133 E Edgar Avenue Mishawaka, IN ....Welcome home to this charming 2-bedroom ranch in Mishawaka! This property features upd...	2 beds \| 1 baths \| 792 sq.ft.	$144,900	Airbnb cash on cash: 6.63% Traditional cash on cash: 5.28% Airbnb Rental Income: $1760 Traditional Rental Income: $1091 Airbnb ROI: 6.63% Traditional ROI: 5.28%
202 N Middleboro Ave Mishawaka, IN Move in ready home! Completely updated! Kitchen has brand new cabinets, countertops, and...	2 beds \| 1 baths \| 1,234 sq.ft.	$150,000	Airbnb cash on cash: 6.92% Traditional cash on cash: 7.19% Airbnb Rental Income: $1760 Traditional Rental Income: $1317 Airbnb ROI: 6.92% Traditional ROI: 7.19%
2526 Riviera Dr Mishawaka, IN Priced to sell quickly! Check out this beaitiful home nestled on the St. Joseph River! Lo...	5 beds \| N/A baths \| 3,000 sq.ft.	$105,000	Airbnb cash on cash: -2.83% Traditional cash on cash: 5.89% Airbnb Rental Income: $661 Traditional Rental Income: $1250 Airbnb ROI: -2.83% Traditional ROI: 5.89%
2653 Prescott Dr Mishawaka, IN Charming Tri Level in Reverewood Mishawaka ! Captivating and cozy your new home features ...	4 beds \| 1 baths \| 1,553 sq.ft.	$259,000	Airbnb cash on cash: 4.51% Traditional cash on cash: 5.33% Airbnb Rental Income: $2026 Traditional Rental Income: $1701 Airbnb ROI: 4.51% Traditional ROI: 5.33%
3935 Harrison Creek Ct Mishawaka, IN Beautiful 3+ bed, 3 baths ranch in a secluded location that rare comes on a market. This g...	4 beds \| 3 baths \| 2,920 sq.ft.	$429,900	Airbnb cash on cash: 1.75% Traditional cash on cash: 6.3% Airbnb Rental Income: $2026 Traditional Rental Income: $3331 Airbnb ROI: 1.75% Traditional ROI: 6.3%
1603 Linden Ave Mishawaka, IN A fully renovated home with golf course and pond views in a highly desirable Mishawaka nei...	3 beds \| 1 baths \| 980 sq.ft.	$194,900	Airbnb cash on cash: 8.59% Traditional cash on cash: 4.03% Airbnb Rental Income: $2654 Traditional Rental Income: $1179 Airbnb ROI: 8.59% Traditional ROI: 4.03%
322 W 10th St Mishawaka, IN Open house on Sunday June 26th 2-4pm Come check out this 3 bedroom, 2.5 bath home in p...	3 beds \| 2 baths \| 1,828 sq.ft.	$195,000	Airbnb cash on cash: 8.39% Traditional cash on cash: 8.2% Airbnb Rental Income: $2654 Traditional Rental Income: $1989 Airbnb ROI: 8.39% Traditional ROI: 8.2%
227 E 9th St Mishawaka, IN Buy through Auction.com. This property is being offered for sale exclusively on Auction.co...	3 beds \| 1 baths \| 1,416 sq.ft.	$219,000	Airbnb cash on cash: 7.37% Traditional cash on cash: 3.5% Airbnb Rental Income: $2654 Traditional Rental Income: $1222 Airbnb ROI: 7.37% Traditional ROI: 3.5%
218 Meridian St Mishawaka, IN Welcome home to this beautifully remodeled 3-bedroom, 2-bath gem where everything has alre...	3 beds \| 2 baths \| 1,360 sq.ft.	$204,900	Airbnb cash on cash: 8.32% Traditional cash on cash: 2.01% Airbnb Rental Income: $2654 Traditional Rental Income: $797 Airbnb ROI: 8.32% Traditional ROI: 2.01%
16974 Douglas Rd Mishawaka, IN Rare opportunity! Come out today to see this Great Development Opportunity! 1.3 acres clea...	3 beds \| 1 baths \| 1,300 sq.ft.	$599,000	Airbnb cash on cash: 2.27% Traditional cash on cash: 1.35% Airbnb Rental Income: $2654 Traditional Rental Income: $1503 Airbnb ROI: 2.27% Traditional ROI: 1.35%
703 W 4th St Mishawaka, IN Charming home minutes from downtown Mishawaka. 3 bed 1.5 bath. Recent updates include new ...	3 beds \| 1 baths \| 1,400 sq.ft.	$179,900	Airbnb cash on cash: 9.46% Traditional cash on cash: 7.22% Airbnb Rental Income: $2654 Traditional Rental Income: $1640 Airbnb ROI: 9.46% Traditional ROI: 7.22%
2303 Panama St Mishawaka, IN Quaint two bedroom one bathroom home with a great location across from Mary Gibbard Park. ...	2 beds \| 1 baths \| 725 sq.ft.	$154,900	Airbnb cash on cash: 6.52% Traditional cash on cash: 4.8% Airbnb Rental Income: $1760 Traditional Rental Income: $1023 Airbnb ROI: 6.52% Traditional ROI: 4.8%
2065 Bennington Dr Mishawaka, IN *** $2500 Lender Credit towards closing costs or rate buy down from Prosperity Home Mortga...	4 beds \| 2 baths \| 1,822 sq.ft.	$375,000	Airbnb cash on cash: 1.98% Traditional cash on cash: 5.83% Airbnb Rental Income: $2026 Traditional Rental Income: $2856 Airbnb ROI: 1.98% Traditional ROI: 5.83%
422 N State St Mishawaka, IN Cute Bungalow close to parks and schools. This 3 bedroom, 1.5 bath home offers convenient ...	3 beds \| 1 baths \| 1,056 sq.ft.	$189,000	Airbnb cash on cash: 8.97% Traditional cash on cash: 5.95% Airbnb Rental Income: $2654 Traditional Rental Income: $1480 Airbnb ROI: 8.97% Traditional ROI: 5.95%
15669 Hearthstone Dr Mishawaka, IN Seller requires day before notice. On Juday Creek in popular Winding Brook Park. Classic a...	3 beds \| 2 baths \| 3,354 sq.ft.	$349,900	Airbnb cash on cash: 4.15% Traditional cash on cash: 5.88% Airbnb Rental Income: $2654 Traditional Rental Income: $2593 Airbnb ROI: 4.15% Traditional ROI: 5.88%
1432 S Lake George Dr Mishawaka, IN OEN HOUSE THIS SUNDAY. September 29, 1-3. This is must see Villa in one of the most sough...	4 beds \| 5 baths \| 3,293 sq.ft.	$599,000	Airbnb cash on cash: 0.05% Traditional cash on cash: 5.31% Airbnb Rental Income: $2026 Traditional Rental Income: $4442 Airbnb ROI: 0.05% Traditional ROI: 5.31%
208 George St Mishawaka, IN Buy through Auction.com. This foreclosure property is a great opportunity to invest in thi...	1 beds \| 1 baths \| 696 sq.ft.	$164,900	Airbnb cash on cash: 2.08% Traditional cash on cash: 1.79% Airbnb Rental Income: $984 Traditional Rental Income: $586 Airbnb ROI: 2.08% Traditional ROI: 1.79%
1617 1/2 E 4th St Mishawaka, IN Charming 2 bedroom, 1 bathroom home located in Mishawaka, nestled in a quiet neighborhood,...	2 beds \| 1 baths \| 600 sq.ft.	$106,900	Airbnb cash on cash: 9.91% Traditional cash on cash: 11.19% Airbnb Rental Income: $1760 Traditional Rental Income: $1410 Airbnb ROI: 9.91% Traditional ROI: 11.19%
55260 Filbert Rd Mishawaka, IN OPEN HOUSE SATURDAY JULY 11 10:00 AM-1:00 PM. Welcome to a Peaceful Wooded 5 acres offerin...	3 beds \| 2 baths \| 1,656 sq.ft.	$395,000	Airbnb cash on cash: 3.66% Traditional cash on cash: 3.87% Airbnb Rental Income: $2654 Traditional Rental Income: $2102 Airbnb ROI: 3.66% Traditional ROI: 3.87%
54872 Bittersweet Rd Mishawaka, IN Move in ready, 4 bedroom, 1 bath home in Penn Township. 1,680 above grade, finished square...	4 beds \| 1 baths \| 2,100 sq.ft.	$233,000	Airbnb cash on cash: 4.92% Traditional cash on cash: 9.48% Airbnb Rental Income: $2026 Traditional Rental Income: $2503 Airbnb ROI: 4.92% Traditional ROI: 9.48%
13982 Kline Rd Mishawaka, IN Motivated Seller! All reasonable offers will be considered! Perfect Country Setting with R...	3 beds \| 2 baths \| 2,910 sq.ft.	$385,000	Airbnb cash on cash: 4.07% Traditional cash on cash: 6.45% Airbnb Rental Income: $2654 Traditional Rental Income: $2879 Airbnb ROI: 4.07% Traditional ROI: 6.45%
745 E 18th St Mishawaka, IN * HIGHEST AND BEST - 7-30-2025 by 7:00PM deadline no sooner than 10AM on 7-31-2025 * ...	4 beds \| 2 baths \| 1,824 sq.ft.	$285,000	Airbnb cash on cash: 3.65% Traditional cash on cash: 5.8% Airbnb Rental Income: $2026 Traditional Rental Income: $2076 Airbnb ROI: 3.65% Traditional ROI: 5.8%
55271 Currant Rd Mishawaka, IN Open House Sunday Sept. 21, 2025 from 2-4pm This beautifully designed home offers the perf...	4 beds \| 2 baths \| 2,500 sq.ft.	$410,000	Airbnb cash on cash: 2.25% Traditional cash on cash: 6.41% Airbnb Rental Income: $2026 Traditional Rental Income: $3100 Airbnb ROI: 2.25% Traditional ROI: 6.41%
323 N Indiana St Mishawaka, IN Excellent opportunity for investors or owner-occupants! Currently rented month-to-month at...	4 beds \| 2 baths \| 1,248 sq.ft.	$199,900	Airbnb cash on cash: 4.7% Traditional cash on cash: 6.71% Airbnb Rental Income: $2026 Traditional Rental Income: $1880 Airbnb ROI: 4.7% Traditional ROI: 6.71%
4320 Cottage Ave Mishawaka, IN ~~Exceptional Riverfront Retreat with 130+ Feet of Scenic ST. JOSEPH RIVER Frontage~~ Disc...	4 beds \| 3 baths \| 3,187 sq.ft.	$745,000	Airbnb cash on cash: -0.59% Traditional cash on cash: 2.05% Airbnb Rental Income: $2026 Traditional Rental Income: $3333 Airbnb ROI: -0.59% Traditional ROI: 2.05%
13550 Dragoon Trl Mishawaka, IN Welcome home to this beautifully updated property that perfectly blends modern style with ...	3 beds \| 2 baths \| 2,396 sq.ft.	$339,500	Airbnb cash on cash: 4.79% Traditional cash on cash: 6.32% Airbnb Rental Income: $2654 Traditional Rental Income: $2511 Airbnb ROI: 4.79% Traditional ROI: 6.32%
140 Oakside Ave Mishawaka, IN *Open House Saturday 5/16/26 12-2*Imagine stepping into a place where every corner fee...	3 beds \| 1 baths \| 2,432 sq.ft.	$229,900	Airbnb cash on cash: 7.34% Traditional cash on cash: 6.32% Airbnb Rental Income: $2654 Traditional Rental Income: $1802 Airbnb ROI: 7.34% Traditional ROI: 6.32%
641 E 4th St Mishawaka, IN ~~Investor Special--High-Potential 4BR Property in Mishawaka~~ Calling all investors, fli...	4 beds \| 1 baths \| 1,840 sq.ft.	$198,000	Airbnb cash on cash: 5.62% Traditional cash on cash: 9.27% Airbnb Rental Income: $2026 Traditional Rental Income: $2185 Airbnb ROI: 5.62% Traditional ROI: 9.27%
16470 Petro Dr Mishawaka, IN 16470 Petro Dr, Mishawaka, IN 46544 \| Single Family Residential	4 beds \| 3 baths \| 2,933 sq.ft.	$399,900	Airbnb cash on cash: 1.91% Traditional cash on cash: 5.06% Airbnb Rental Income: $2026 Traditional Rental Income: $2680 Airbnb ROI: 1.91% Traditional ROI: 5.06%
803 N Main St Mishawaka, IN 803 N Main St, Mishawaka, IN 46545 \| Multi Family	4 beds \| 3 baths \| 2,448 sq.ft.	$203,000	Airbnb cash on cash: 5.46% Traditional cash on cash: 9.8% Airbnb Rental Income: $2026 Traditional Rental Income: $2336 Airbnb ROI: 5.46% Traditional ROI: 9.8%
16170 Jackson Road Mishawaka, IN Welcome to 16170 Jackson Road! You don't want to miss out on your chance to own this beaut...	3 beds \| 2 baths \| 2,120 sq.ft.	$310,000	Airbnb cash on cash: 5.46% Traditional cash on cash: 2.74% Airbnb Rental Income: $2654 Traditional Rental Income: $1230 Airbnb ROI: 5.46% Traditional ROI: 2.74%
542 W 4th St Mishawaka, IN 542 W 4th St, Mishawaka, IN 46544 \| Multi Family	5 beds \| 3 baths \| 1,688 sq.ft.	$205,000	Airbnb cash on cash: 8.08% Traditional cash on cash: 8.56% Airbnb Rental Income: $2654 Traditional Rental Income: $2116 Airbnb ROI: 8.08% Traditional ROI: 8.56%

Real Estate investment in Mishawaka, IN

There are 203 properties for sale in the city of Mishawaka . The median list price in Mishawaka is $224,865 and the average price per square foot is $124. In September 2026, the average monthly cash on cash return in Mishawaka is 5.00%. The average monthly rental income in Mishawaka is $1,640.

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

There are 203 investment properties available for sale in Mishawaka.

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

The ROI for Short-Term is higher than the Long-Term in Mishawaka with average rental income of $2,026.

Your search for investment property begins and ends here

Investment Property for Sale in Mishawaka, IN

1524 Tall Grass Prairie Dr

Mishawaka, IN

4 beds | 3 baths | 2,050 sq.ft.

$354,900

Airbnb cash on cash: 2.69%

Traditional cash on cash: 6.67%

Airbnb Rental Income: $2026

Traditional Rental Income: $2825

Airbnb ROI: 2.69%

Traditional ROI: 6.67%

207 W 12th Street

Mishawaka, IN

4 beds | 2 baths | 1,676 sq.ft.

$165,000

Airbnb cash on cash: 6.94%

Traditional cash on cash: 11.66%

Airbnb Rental Income: $2026

Traditional Rental Income: $2242

Airbnb ROI: 6.94%

Traditional ROI: 11.66%

307 N Walnut St

Mishawaka, IN

4 beds | 1 baths | 1,437 sq.ft.

$224,900

Airbnb cash on cash: 5.1%

Traditional cash on cash: 4.24%

Airbnb Rental Income: $2026

Traditional Rental Income: $1317

Airbnb ROI: 5.1%

Traditional ROI: 4.24%

4326 Douthart Place

Mishawaka, IN

4 beds | 3 baths | 1,870 sq.ft.

$365,000

Airbnb cash on cash: 2.4%

Traditional cash on cash: 6.32%

Airbnb Rental Income: $2026

Traditional Rental Income: $2842

Airbnb ROI: 2.4%

Traditional ROI: 6.32%

2934 Colonial Dr

Mishawaka, IN

3 beds | 2 baths | 1,628 sq.ft.

$249,500

Airbnb cash on cash: 6.58%

Traditional cash on cash: 7.07%

Airbnb Rental Income: $2654

Traditional Rental Income: $2137

Airbnb ROI: 6.58%

Traditional ROI: 7.07%

526 Kamm Island Pl #12

Mishawaka, IN

4 beds | 3 baths | 2,947 sq.ft.

$749,900

Airbnb cash on cash: -0.26%

Traditional cash on cash: 1.6%

Airbnb Rental Income: $2026

Traditional Rental Income: $2802

Airbnb ROI: -0.26%

Traditional ROI: 1.6%

1010 W Lawrence St

Mishawaka, IN

3 beds | 1 baths | 1,602 sq.ft.

$205,000

Airbnb cash on cash: 8.15%

Traditional cash on cash: 8.23%

Airbnb Rental Income: $2654

Traditional Rental Income: $2038

Airbnb ROI: 8.15%

Traditional ROI: 8.23%

133 E Edgar Avenue

Mishawaka, IN

2 beds | 1 baths | 792 sq.ft.

$144,900

Airbnb cash on cash: 6.63%

Traditional cash on cash: 5.28%

Airbnb Rental Income: $1760

Traditional Rental Income: $1091

Airbnb ROI: 6.63%