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
130 E 16th Street Mishawaka, IN This super charming 1 1/2 story home is going to make one lucky new homeowner very happy! ...	3 beds \| 1 baths \| 1,665 sq.ft.	$174,000	Airbnb cash on cash: 8.32% Traditional cash on cash: 7.98% Airbnb Rental Income: $2301 Traditional Rental Income: $1671 Airbnb ROI: 8.32% Traditional ROI: 7.98%
61701 Elm Road Mishawaka, IN The home was built originally in 1869 and has a lot of history. There are 3 buildings on t...	3 beds \| 3 baths \| 1,742 sq.ft.	$380,000	Airbnb cash on cash: 3.22% Traditional cash on cash: 4.79% Airbnb Rental Income: $2301 Traditional Rental Income: $2290 Airbnb ROI: 3.22% Traditional ROI: 4.79%
129 W Marion Street Mishawaka, IN Welcome to 129 W Marion Stâa nearly 1,500 sq. ft. home that blends comfort, style, and c...	3 beds \| 2 baths \| 1,468 sq.ft.	$219,900	Airbnb cash on cash: 6.11% Traditional cash on cash: 7.71% Airbnb Rental Income: $2301 Traditional Rental Income: $2062 Airbnb ROI: 6.11% Traditional ROI: 7.71%
14942 Douglas Road Mishawaka, IN A beautiful brick home located in the Penn school district on over a 1/2 acre. This 3 bedr...	3 beds \| 3 baths \| 2,271 sq.ft.	$294,500	Airbnb cash on cash: 4.44% Traditional cash on cash: 8.29% Airbnb Rental Income: $2301 Traditional Rental Income: $2798 Airbnb ROI: 4.44% Traditional ROI: 8.29%
717 E Grove Street Mishawaka, IN Discover the perfect blend of comfort and convenience at 717 E Grove Street. This inviting...	3 beds \| 2 baths \| 1,204 sq.ft.	$195,000	Airbnb cash on cash: 7.07% Traditional cash on cash: 8.15% Airbnb Rental Income: $2301 Traditional Rental Income: $1927 Airbnb ROI: 7.07% Traditional ROI: 8.15%
1316 E Mishawaka Avenue Mishawaka, IN Purchase Agreement has been accepted- waiting on Earnest Money. Step into this beautifully...	3 beds \| 3 baths \| 2,350 sq.ft.	$258,000	Airbnb cash on cash: 5% Traditional cash on cash: 9.76% Airbnb Rental Income: $2301 Traditional Rental Income: $2889 Airbnb ROI: 5% Traditional ROI: 9.76%
222 E Donaldson Avenue Mishawaka, IN Get into this beautifully updated 3 bedroom 1 bath home in desirable Mishawaka! Close to p...	3 beds \| 1 baths \| 902 sq.ft.	$165,000	Airbnb cash on cash: 8.54% Traditional cash on cash: 7.04% Airbnb Rental Income: $2301 Traditional Rental Income: $1493 Airbnb ROI: 8.54% Traditional ROI: 7.04%
120 Gernhart Avenue Mishawaka, IN Donât miss this spectacular Mishawaka home, full of fantastic updates and ideally locate...	3 beds \| 2 baths \| 2,200 sq.ft.	$260,000	Airbnb cash on cash: 4.99% Traditional cash on cash: 5.04% Airbnb Rental Income: $2301 Traditional Rental Income: $1741 Airbnb ROI: 4.99% Traditional ROI: 5.04%
214 N State Street Mishawaka, IN Donât miss this spectacular Mishawaka home, full of updates but still has so much charac...	3 beds \| 2 baths \| 1,616 sq.ft.	$235,000	Airbnb cash on cash: 5.62% Traditional cash on cash: 5.62% Airbnb Rental Income: $2301 Traditional Rental Income: $1728 Airbnb ROI: 5.62% Traditional ROI: 5.62%
907 Berkley Circle Mishawaka, IN Schedule your private tour todayâthis charming 2-bedroom, 1-bathroom condo in desirable ...	2 beds \| 1 baths \| 912 sq.ft.	$132,500	Airbnb cash on cash: 5.91% Traditional cash on cash: 5.37% Airbnb Rental Income: $1637 Traditional Rental Income: $1107 Airbnb ROI: 5.91% Traditional ROI: 5.37%
16974 Douglas Road Mishawaka, IN Location, Location Location!Three-bedroom home with attached garage. Commercial possibilit...	3 beds \| 1 baths \| 1,300 sq.ft.	$614,000	Airbnb cash on cash: 1.68% Traditional cash on cash: 1.29% Airbnb Rental Income: $2301 Traditional Rental Income: $1503 Airbnb ROI: 1.68% Traditional ROI: 1.29%
3751 Terry Lane Mishawaka, IN * OPEN HOUSE SUN OCT 5th 12-2pm* This 3 bedroom, 1.5 bath ranch is a must-see, combining t...	3 beds \| 2 baths \| 1,360 sq.ft.	$225,000	Airbnb cash on cash: 5.85% Traditional cash on cash: 6.2% Airbnb Rental Income: $2301 Traditional Rental Income: $1803 Airbnb ROI: 5.85% Traditional ROI: 6.2%
3820 Cottage Avenue Mishawaka, IN This beautiful home sits on a double lot featuring a inground pool with composite decking ...	4 beds \| 2 baths \| 3,520 sq.ft.	$670,000	Airbnb cash on cash: 0.14% Traditional cash on cash: 1.07% Airbnb Rental Income: $2045 Traditional Rental Income: $2101 Airbnb ROI: 0.14% Traditional ROI: 1.07%
15669 Hearthstone Drive Mishawaka, IN On Juday Creek in popular Winding Brook Park. Classic architecture and style. The home o...	3 beds \| 3 baths \| 3,354 sq.ft.	$350,000	Airbnb cash on cash: 3.29% Traditional cash on cash: 5.92% Airbnb Rental Income: $2301 Traditional Rental Income: $2593 Airbnb ROI: 3.29% Traditional ROI: 5.92%
1025 W Lincolnway Mishawaka, IN This beautiful 4-bedroom, 2.5-bath home is full of character, ample space, and history. Fr...	4 beds \| 3 baths \| 2,698 sq.ft.	$250,000	Airbnb cash on cash: 3.14% Traditional cash on cash: 10.32% Airbnb Rental Income: $2045 Traditional Rental Income: $3210 Airbnb ROI: 3.14% Traditional ROI: 10.32%
54290 Mystique Court Mishawaka, IN Charming home in PHM School District located on cul-de-sac. Spacious home with 4 bedrooms ...	4 beds \| 3 baths \| 2,507 sq.ft.	$360,000	Airbnb cash on cash: 2.42% Traditional cash on cash: 6.71% Airbnb Rental Income: $2045 Traditional Rental Income: $2965 Airbnb ROI: 2.42% Traditional ROI: 6.71%
1502 Tall Grass Prairie Drive Mishawaka, IN OPEN HOUSE SUNDAY 10/12 (1-3pm) Discover the charm of this one-owner home in Ridgemont Cro...	3 beds \| 3 baths \| 2,800 sq.ft.	$329,900	Airbnb cash on cash: 3.4% Traditional cash on cash: 7% Airbnb Rental Income: $2301 Traditional Rental Income: $2843 Airbnb ROI: 3.4% Traditional ROI: 7%
210 E Marion Street Mishawaka, IN Welcome to this beautifully renovated 1902 historic home, blending timeless charm with con...	3 beds \| 1 baths \| 1,200 sq.ft.	$175,000	Airbnb cash on cash: 8.32% Traditional cash on cash: 7.93% Airbnb Rental Income: $2301 Traditional Rental Income: $1664 Airbnb ROI: 8.32% Traditional ROI: 7.93%
2232 Treys Trail Mishawaka, IN Open House Sunday, October 19th 12-2pmWelcome home to this beautiful 4 bedroom, 3 1/2 ...	4 beds \| 4 baths \| 3,722 sq.ft.	$414,900	Airbnb cash on cash: 1.71% Traditional cash on cash: 7.48% Airbnb Rental Income: $2045 Traditional Rental Income: $3758 Airbnb ROI: 1.71% Traditional ROI: 7.48%
902 S Main Street #A & B Mishawaka, IN Definitely an affordable duplex at this adjusted list price! Looking for an investment pro...	2 beds \| 2 baths \| 1,436 sq.ft.	$175,000	Airbnb cash on cash: 6.02% Traditional cash on cash: 8.19% Airbnb Rental Income: $2045 Traditional Rental Income: $1876 Airbnb ROI: 6.02% Traditional ROI: 8.19%
514 S Middleboro Avenue Mishawaka, IN Back on market at no fault of the seller! Move-in ready two story home in popular Mishawak...	4 beds \| 1 baths \| 1,549 sq.ft.	$184,900	Airbnb cash on cash: 6.87% Traditional cash on cash: 8% Airbnb Rental Income: $2045 Traditional Rental Income: $1714 Airbnb ROI: 6.87% Traditional ROI: 8%
1530 Rockwood Lane Mishawaka, IN Welcome to this beautifully updated home nestled in the highly sought-after, maintenance-f...	3 beds \| 3 baths \| 2,661 sq.ft.	$535,000	Airbnb cash on cash: 1.54% Traditional cash on cash: 4.32% Airbnb Rental Income: $2301 Traditional Rental Income: $3121 Airbnb ROI: 1.54% Traditional ROI: 4.32%
3811 Dudley Drive Mishawaka, IN Welcome home to this beautiful and extra spacious 2 story in Reverewood subdivision. Step...	3 beds \| 3 baths \| 3,118 sq.ft.	$387,000	Airbnb cash on cash: 2.52% Traditional cash on cash: 5.95% Airbnb Rental Income: $2301 Traditional Rental Income: $2971 Airbnb ROI: 2.52% Traditional ROI: 5.95%
447 Edgewater Drive Mishawaka, IN This Immaculate Home Located on the St. Joseph river has been updated and comes with two B...	5 beds \| 4 baths \| 3,217 sq.ft.	$425,000	Airbnb cash on cash: 3.61% Traditional cash on cash: 8.05% Airbnb Rental Income: $3148 Traditional Rental Income: $4203 Airbnb ROI: 3.61% Traditional ROI: 8.05%
323 N Indiana Street Mishawaka, IN Excellent opportunity for investors or owner-occupants! Currently rented month-to-month at...	3 beds \| 2 baths \| 1,248 sq.ft.	$199,000	Airbnb cash on cash: 5.94% Traditional cash on cash: 6.74% Airbnb Rental Income: $2301 Traditional Rental Income: $1880 Airbnb ROI: 5.94% Traditional ROI: 6.74%
1036 E 3Rd Street Mishawaka, IN Charming 2-story home in a desirable Mishawaka location! A welcoming covered porch leads t...	3 beds \| 2 baths \| 1,416 sq.ft.	$169,000	Airbnb cash on cash: 7.29% Traditional cash on cash: 9.17% Airbnb Rental Income: $2301 Traditional Rental Income: $2031 Airbnb ROI: 7.29% Traditional ROI: 9.17%
13551 HAYNES Avenue Mishawaka, IN PHM 2 BEDROOM W/ LARGE YARD , ADDITIONAL 2 CAR GARAGE , POOL W/ NEW LINER , LARGE FENCED L...	2 beds \| 1 baths \| 1,152 sq.ft.	$179,000	Airbnb cash on cash: 4.89% Traditional cash on cash: 8.28% Airbnb Rental Income: $1637 Traditional Rental Income: $1753 Airbnb ROI: 4.89% Traditional ROI: 8.28%
453 Edgewater Drive Mishawaka, IN Welcome to one of Mishawakaâs most treasured homesites, where timeless architecture and ...	4 beds \| 3 baths \| 2,899 sq.ft.	$400,000	Airbnb cash on cash: 1.96% Traditional cash on cash: 7.98% Airbnb Rental Income: $2045 Traditional Rental Income: $3773 Airbnb ROI: 1.96% Traditional ROI: 7.98%
624 Windy Cove Court Mishawaka, IN WONDERFUL 2 STORY HOME FROM THE INVITING FRONT PORCH WITH BRICK ACCENTS TO THE SPACIOUS OP...	4 beds \| 3 baths \| 2,078 sq.ft.	$365,000	Airbnb cash on cash: 2.47% Traditional cash on cash: 6.2% Airbnb Rental Income: $2045 Traditional Rental Income: $2794 Airbnb ROI: 2.47% Traditional ROI: 6.2%
534 W 10th Street Mishawaka, IN Turn-Key Charm Near Rose Park! Donât let the size fool you ~ this adorable 1 bedroom, 1 ...	1 beds \| 1 baths \| 786 sq.ft.	$165,000	Airbnb cash on cash: 4.14% Traditional cash on cash: 4.53% Airbnb Rental Income: $1401 Traditional Rental Income: $1040 Airbnb ROI: 4.14% Traditional ROI: 4.53%
1602 Stoneham Drive Mishawaka, IN Welcome to your dream home! This brand-new home was built with attention to detail and fea...	4 beds \| 3 baths \| 3,018 sq.ft.	$525,000	Airbnb cash on cash: 1% Traditional cash on cash: 4.46% Airbnb Rental Income: $2045 Traditional Rental Income: $3212 Airbnb ROI: 1% Traditional ROI: 4.46%
722 E 3Rd Street Mishawaka, IN Step inside this beautiful renovated home featuring an updated kitchen with stainless stee...	3 beds \| 2 baths \| 1,464 sq.ft.	$199,900	Airbnb cash on cash: 6.13% Traditional cash on cash: 7.76% Airbnb Rental Income: $2301 Traditional Rental Income: $2038 Airbnb ROI: 6.13% Traditional ROI: 7.76%
769 River Pointe Place Mishawaka, IN COMING SOON- LUXURY RIVERFRONT HOME in Mishawaka and PHM Schools! Showings to begin on 10/...	5 beds \| 5 baths \| 6,496 sq.ft.	$1,699,999	Airbnb cash on cash: -0.18% Traditional cash on cash: 2.1% Airbnb Rental Income: $3148 Traditional Rental Income: $6039 Airbnb ROI: -0.18% Traditional ROI: 2.1%
617 W 10Th Street Mishawaka, IN This well-loved home will captivate you with its mid-50's charm. Lovely area of homes nea...	2 beds \| 2 baths \| 1,686 sq.ft.	$219,000	Airbnb cash on cash: 3.31% Traditional cash on cash: 7.93% Airbnb Rental Income: $1637 Traditional Rental Income: $2134 Airbnb ROI: 3.31% Traditional ROI: 7.93%
2032 Poppy Court Mishawaka, IN Enjoy the comfort and convenience of townhome living in the highly desirable Greenfield Fa...	2 beds \| 2 baths \| 1,794 sq.ft.	$215,000	Airbnb cash on cash: 3.82% Traditional cash on cash: 9.21% Airbnb Rental Income: $1637 Traditional Rental Income: $2273 Airbnb ROI: 3.82% Traditional ROI: 9.21%
120 E 16Th Street Mishawaka, IN All This Can Be Yours! Donât miss this well-maintained and beautifully updated Mishawaka...	3 beds \| 2 baths \| 2,685 sq.ft.	$249,900	Airbnb cash on cash: 5.09% Traditional cash on cash: 8.49% Airbnb Rental Income: $2301 Traditional Rental Income: $2533 Airbnb ROI: 5.09% Traditional ROI: 8.49%
56322 Elder Road Mishawaka, IN Start your story here! This charming 3-bedroom Mishawaka home in the Penn School District ...	3 beds \| 1 baths \| 1,036 sq.ft.	$170,000	Airbnb cash on cash: 8.81% Traditional cash on cash: 7.8% Airbnb Rental Income: $2301 Traditional Rental Income: $1565 Airbnb ROI: 8.81% Traditional ROI: 7.8%
102 Downey Avenue Mishawaka, IN This absolutely adorable all-brick mid-century ranch sits on a spacious corner lot in a fa...	3 beds \| 1 baths \| 2,066 sq.ft.	$215,000	Airbnb cash on cash: 6.44% Traditional cash on cash: 6.68% Airbnb Rental Income: $2301 Traditional Rental Income: $1776 Airbnb ROI: 6.44% Traditional ROI: 6.68%
239 E jefferson Boulevard Mishawaka, IN Cute Mishawaka Bungalow in the heart of Mishawaka ! This 2-bedroom, 1-bath sits on a cor...	2 beds \| 1 baths \| 1,020 sq.ft.	$150,000	Airbnb cash on cash: 5.52% Traditional cash on cash: 7.46% Airbnb Rental Income: $1637 Traditional Rental Income: $1453 Airbnb ROI: 5.52% Traditional ROI: 7.46%
516 Somerset Avenue Mishawaka, IN A move-in ready two-bedroom, one-bath open floor plan home with a full block basement loca...	2 beds \| 1 baths \| 896 sq.ft.	$155,900	Airbnb cash on cash: 5.32% Traditional cash on cash: 6.52% Airbnb Rental Income: $1637 Traditional Rental Income: $1354 Airbnb ROI: 5.32% Traditional ROI: 6.52%

Real Estate investment in Mishawaka, IN

There are 48 properties for sale in the city of Mishawaka . The median list price in Mishawaka is $230,000 and the average price per square foot is $114. In October 2025, the average monthly cash on cash return in Mishawaka is 7.00%. The average monthly rental income in Mishawaka is $2,069.

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

There are 48 investment properties available for sale in Mishawaka.

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

The ROI for Long-Term is higher than the Short-Term in Mishawaka with average rental income of $2,069.

Your search for investment property begins and ends here

Investment Property for Sale in Mishawaka, IN

130 E 16th Street

Mishawaka, IN

3 beds | 1 baths | 1,665 sq.ft.

$174,000

Airbnb cash on cash: 8.32%

Traditional cash on cash: 7.98%

Airbnb Rental Income: $2301

Traditional Rental Income: $1671

Airbnb ROI: 8.32%

Traditional ROI: 7.98%

61701 Elm Road

Mishawaka, IN

3 beds | 3 baths | 1,742 sq.ft.

$380,000

Airbnb cash on cash: 3.22%

Traditional cash on cash: 4.79%

Airbnb Rental Income: $2301

Traditional Rental Income: $2290

Airbnb ROI: 3.22%

Traditional ROI: 4.79%

129 W Marion Street

Mishawaka, IN

3 beds | 2 baths | 1,468 sq.ft.

$219,900

Airbnb cash on cash: 6.11%

Traditional cash on cash: 7.71%

Airbnb Rental Income: $2301

Traditional Rental Income: $2062

Airbnb ROI: 6.11%

Traditional ROI: 7.71%

14942 Douglas Road

Mishawaka, IN

3 beds | 3 baths | 2,271 sq.ft.

$294,500

Airbnb cash on cash: 4.44%

Traditional cash on cash: 8.29%

Airbnb Rental Income: $2301

Traditional Rental Income: $2798

Airbnb ROI: 4.44%

Traditional ROI: 8.29%

717 E Grove Street

Mishawaka, IN

3 beds | 2 baths | 1,204 sq.ft.

$195,000

Airbnb cash on cash: 7.07%

Traditional cash on cash: 8.15%

Airbnb Rental Income: $2301

Traditional Rental Income: $1927

Airbnb ROI: 7.07%

Traditional ROI: 8.15%

1316 E Mishawaka Avenue

Mishawaka, IN

3 beds | 3 baths | 2,350 sq.ft.

$258,000

Airbnb cash on cash: 5%

Traditional cash on cash: 9.76%

Airbnb Rental Income: $2301

Traditional Rental Income: $2889

Airbnb ROI: 5%

Traditional ROI: 9.76%

222 E Donaldson Avenue

Mishawaka, IN

3 beds | 1 baths | 902 sq.ft.

$165,000

Airbnb cash on cash: 8.54%

Traditional cash on cash: 7.04%

Airbnb Rental Income: $2301

Traditional Rental Income: $1493

Airbnb ROI: 8.54%

Traditional ROI: 7.04%

120 Gernhart Avenue

Mishawaka, IN

3 beds | 2 baths | 2,200 sq.ft.

$260,000

Airbnb cash on cash: 4.99%

Traditional cash on cash: 5.04%

Airbnb Rental Income: $2301

Traditional Rental Income: $1741

Airbnb ROI: 4.99%