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
56205 Hoosier Avenue Mishawaka, IN Welcome home to this beautifully updated 3-bedroom gem located in the highly sought-after ...	3 beds \| 1 baths \| 944 sq.ft.	$179,000	Airbnb cash on cash: 7.37% Traditional cash on cash: 6.42% Airbnb Rental Income: $2219 Traditional Rental Income: $1499 Airbnb ROI: 7.37% Traditional ROI: 6.42%
1959 E Jefferson Boulevard Mishawaka, IN This move-in ready ranch in the coveted Penn School District is serving up comfort, style,...	3 beds \| 2 baths \| 1,408 sq.ft.	$231,959	Airbnb cash on cash: 5.37% Traditional cash on cash: 7.31% Airbnb Rental Income: $2219 Traditional Rental Income: $2086 Airbnb ROI: 5.37% Traditional ROI: 7.31%
1002 Alabama Street Mishawaka, IN Discover charm and convenience in this adorable Mishawaka home! Located in a great central...	2 beds \| 1 baths \| 1,186 sq.ft.	$148,900	Airbnb cash on cash: 5.02% Traditional cash on cash: 8.34% Airbnb Rental Income: $1503 Traditional Rental Income: $1537 Airbnb ROI: 5.02% Traditional ROI: 8.34%
57502 Oakside Avenue Mishawaka, IN OPEN HOUSE SUNDAY NOVEMBER 23RD 1-3PM! Room to grow inside + out! Sitting on 2 acres, this...	4 beds \| 2 baths \| 1,987 sq.ft.	$237,500	Airbnb cash on cash: 3.28% Traditional cash on cash: 10.48% Airbnb Rental Income: $1685 Traditional Rental Income: $2832 Airbnb ROI: 3.28% Traditional ROI: 10.48%
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: 8.11% Traditional cash on cash: 7.04% Airbnb Rental Income: $2219 Traditional Rental Income: $1493 Airbnb ROI: 8.11% Traditional ROI: 7.04%
11837 Bowman Drive Mishawaka, IN Brick ranch featuring 3 bedrooms and 2.5 baths, perfectly situated in the desirable Penn D...	3 beds \| 3 baths \| 2,292 sq.ft.	$329,999	Airbnb cash on cash: 3.55% Traditional cash on cash: 4.5% Airbnb Rental Income: $2219 Traditional Rental Income: $1956 Airbnb ROI: 3.55% Traditional ROI: 4.5%
327 Harding Avenue Mishawaka, IN Welcome to this super cute 2-bedroom home that boasts a fantastic floor plan, making it th...	2 beds \| 1 baths \| 682 sq.ft.	$139,900	Airbnb cash on cash: 4.37% Traditional cash on cash: 4.37% Airbnb Rental Income: $1503 Traditional Rental Income: $1064 Airbnb ROI: 4.37% Traditional ROI: 4.37%
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: -0.34% Traditional cash on cash: 1.07% Airbnb Rental Income: $1685 Traditional Rental Income: $2101 Airbnb ROI: -0.34% 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: 3.08% Traditional cash on cash: 5.92% Airbnb Rental Income: $2219 Traditional Rental Income: $2593 Airbnb ROI: 3.08% Traditional ROI: 5.92%
1719 Maplehurst Avenue Mishawaka, IN Motivated Seller-All reasonable offers considered! Welcome to this beautifully designed ra...	3 beds \| 3 baths \| 1,706 sq.ft.	$243,000	Airbnb cash on cash: 5.09% Traditional cash on cash: 8.72% Airbnb Rental Income: $2219 Traditional Rental Income: $2492 Airbnb ROI: 5.09% Traditional ROI: 8.72%
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: 1.87% Traditional cash on cash: 10.32% Airbnb Rental Income: $1685 Traditional Rental Income: $3210 Airbnb ROI: 1.87% Traditional ROI: 10.32%
2232 Treys Trail Mishawaka, IN Welcome home to this beautiful 4 bedroom, 3 1/2 bath home in Willow Creek! With an open co...	4 beds \| 4 baths \| 3,722 sq.ft.	$414,900	Airbnb cash on cash: 0.94% Traditional cash on cash: 7.48% Airbnb Rental Income: $1685 Traditional Rental Income: $3758 Airbnb ROI: 0.94% 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: 4.22% Traditional cash on cash: 8.19% Airbnb Rental Income: $1685 Traditional Rental Income: $1876 Airbnb ROI: 4.22% Traditional ROI: 8.19%
3309 W Chapel Hill Drive Mishawaka, IN Your new home just hit the market at 3309 Chapel Hill Drive W in Mishawaka! This home was ...	3 beds \| 2 baths \| 2,060 sq.ft.	$354,900	Airbnb cash on cash: 2.73% Traditional cash on cash: 6.08% Airbnb Rental Income: $2219 Traditional Rental Income: $2777 Airbnb ROI: 2.73% Traditional ROI: 6.08%
2982 Princeton Drive Mishawaka, IN Situated in the desirable Reverewood neighborhood, this move-in ready tri-level home offer...	3 beds \| 2 baths \| 1,844 sq.ft.	$249,999	Airbnb cash on cash: 4.48% Traditional cash on cash: 7.52% Airbnb Rental Income: $2219 Traditional Rental Income: $2377 Airbnb ROI: 4.48% Traditional ROI: 7.52%
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.	$416,000	Airbnb cash on cash: 4.6% Traditional cash on cash: 8.25% Airbnb Rental Income: $3563 Traditional Rental Income: $4203 Airbnb ROI: 4.6% Traditional ROI: 8.25%
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: 5.58% Traditional cash on cash: 6.74% Airbnb Rental Income: $2219 Traditional Rental Income: $1880 Airbnb ROI: 5.58% Traditional ROI: 6.74%
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: 4.24% Traditional cash on cash: 8.28% Airbnb Rental Income: $1503 Traditional Rental Income: $1753 Airbnb ROI: 4.24% Traditional ROI: 8.28%
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: 1.59% Traditional cash on cash: 6.2% Airbnb Rental Income: $1685 Traditional Rental Income: $2794 Airbnb ROI: 1.59% Traditional ROI: 6.2%
769 River Pointe Place Mishawaka, IN LUXURY RIVERFRONT HOME in Mishawaka and PHM Schools! Welcome to your dream home nestled on...	5 beds \| 5 baths \| 6,496 sq.ft.	$1,699,999	Airbnb cash on cash: 0.04% Traditional cash on cash: 2.1% Airbnb Rental Income: $3563 Traditional Rental Income: $6039 Airbnb ROI: 0.04% Traditional ROI: 2.1%
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: 8.39% Traditional cash on cash: 7.8% Airbnb Rental Income: $2219 Traditional Rental Income: $1565 Airbnb ROI: 8.39% Traditional ROI: 7.8%
102 Downey Avenue Mishawaka, IN Back on market through no fault of seller, so here is a chance for someone else to get thi...	3 beds \| 1 baths \| 2,066 sq.ft.	$205,000	Airbnb cash on cash: 6.45% Traditional cash on cash: 7.04% Airbnb Rental Income: $2219 Traditional Rental Income: $1776 Airbnb ROI: 6.45% Traditional ROI: 7.04%
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.	$135,500	Airbnb cash on cash: 5.34% Traditional cash on cash: 8.33% Airbnb Rental Income: $1503 Traditional Rental Income: $1453 Airbnb ROI: 5.34% Traditional ROI: 8.33%
2204 Milburn Boulevard Mishawaka, IN Mishawaka 4 bedroom Cape Cod with finished basement and 2 car attached garage. You'll love...	4 beds \| 1 baths \| 1,764 sq.ft.	$215,000	Airbnb cash on cash: 3.76% Traditional cash on cash: 6.34% Airbnb Rental Income: $1685 Traditional Rental Income: $1742 Airbnb ROI: 3.76% Traditional ROI: 6.34%
14493 Lotus Court Mishawaka, IN Priced to sell, this lovely two-story residence offers the perfect blend of suburban tranq...	5 beds \| 3 baths \| 2,064 sq.ft.	$360,000	Airbnb cash on cash: 6.21% Traditional cash on cash: 6.57% Airbnb Rental Income: $3563 Traditional Rental Income: $2902 Airbnb ROI: 6.21% Traditional ROI: 6.57%
1015 E Broadway Street Mishawaka, IN Whether you're looking for a new home or an investment, this bungalow is a great choice. I...	1 beds \| 1 baths \| 660 sq.ft.	$125,000	Airbnb cash on cash: 4% Traditional cash on cash: 6.74% Airbnb Rental Income: $1156 Traditional Rental Income: $1104 Airbnb ROI: 4% Traditional ROI: 6.74%
1449 E 3rd Street Mishawaka, IN Spacious 4-Bedroom Home with Great Potential in Mishawaka! Bring your vision and make this...	4 beds \| 1 baths \| 2,544 sq.ft.	$190,000	Airbnb cash on cash: 4.09% Traditional cash on cash: 7.34% Airbnb Rental Income: $1685 Traditional Rental Income: $1803 Airbnb ROI: 4.09% Traditional ROI: 7.34%
2410 E 3rd Street Mishawaka, IN Welcome to your new home! This impressive 3 bedroom brick residence boasts over 1,500 squa...	3 beds \| 1 baths \| 1,552 sq.ft.	$184,900	Airbnb cash on cash: 6.52% Traditional cash on cash: 6.58% Airbnb Rental Income: $2219 Traditional Rental Income: $1670 Airbnb ROI: 6.52% Traditional ROI: 6.58%
913 Geyer Avenue Mishawaka, IN Mishawaka move in ready is available for quick occupancy. 2 bedrooms, 1 bath home with a 2...	2 beds \| 1 baths \| 725 sq.ft.	$115,000	Airbnb cash on cash: 6.85% Traditional cash on cash: 9.21% Airbnb Rental Income: $1503 Traditional Rental Income: $1326 Airbnb ROI: 6.85% Traditional ROI: 9.21%
55795 Cedar Road Mishawaka, IN Situated on over a half-acre, this well-cared-for all-brick ranch is located in the highly...	3 beds \| 2 baths \| 2,759 sq.ft.	$359,900	Airbnb cash on cash: 2.46% Traditional cash on cash: 5.14% Airbnb Rental Income: $2219 Traditional Rental Income: $2567 Airbnb ROI: 2.46% Traditional ROI: 5.14%
1815 Bennington Drive Mishawaka, IN Prepare to be captivated by this awesome and expansive 2,190 square foot home, ideally sit...	3 beds \| 3 baths \| 2,190 sq.ft.	$359,900	Airbnb cash on cash: 2.86% Traditional cash on cash: 6.01% Airbnb Rental Income: $2219 Traditional Rental Income: $2726 Airbnb ROI: 2.86% Traditional ROI: 6.01%
4320 Cottage Avenue Mishawaka, IN ~~Exceptional Riverfront Retreat with 130+ Feet of Scenic Frontage~~ Discover the art of ...	4 beds \| 3 baths \| 3,187 sq.ft.	$745,000	Airbnb cash on cash: -1% Traditional cash on cash: 2.05% Airbnb Rental Income: $1685 Traditional Rental Income: $3333 Airbnb ROI: -1% Traditional ROI: 2.05%
16305 Ronnies Drive Mishawaka, IN Beautifully updated 4-bedroom, 2.5-bath home located in the highly sought-after PHM School...	4 beds \| 3 baths \| 3,538 sq.ft.	$450,000	Airbnb cash on cash: 1.14% Traditional cash on cash: 4.55% Airbnb Rental Income: $1685 Traditional Rental Income: $2653 Airbnb ROI: 1.14% Traditional ROI: 4.55%
14334 Dragoon Trail Mishawaka, IN * Open House November 6th from 4pm to 6 pm * What a great chance to get into this 3 be...	3 beds \| 2 baths \| 2,163 sq.ft.	$279,000	Airbnb cash on cash: 4.38% Traditional cash on cash: 8.76% Airbnb Rental Income: $2219 Traditional Rental Income: $2812 Airbnb ROI: 4.38% Traditional ROI: 8.76%
55562 Bittersweet Road Mishawaka, IN Welcome to your brand-new home, ideally located near the toll road, shopping, and just min...	4 beds \| 3 baths \| 2,858 sq.ft.	$392,900	Airbnb cash on cash: 1.94% Traditional cash on cash: 7.13% Airbnb Rental Income: $1685 Traditional Rental Income: $3130 Airbnb ROI: 1.94% Traditional ROI: 7.13%
2732 Prescott Drive Mishawaka, IN Mishawak's Reverewood subdivision. Popular tri-level with 4 bedrooms. Attached garage with...	4 beds \| 2 baths \| 1,484 sq.ft.	$219,900	Airbnb cash on cash: 3.41% Traditional cash on cash: 8.26% Airbnb Rental Income: $1685 Traditional Rental Income: $2224 Airbnb ROI: 3.41% Traditional ROI: 8.26%
12786 McKinley Highway Mishawaka, IN Discover the perfect addition to your investment portfolio! This one-bedroom, one-bathroom...	1 beds \| 1 baths \| 720 sq.ft.	$125,000	Airbnb cash on cash: 4.39% Traditional cash on cash: 7.92% Airbnb Rental Income: $1156 Traditional Rental Income: $1200 Airbnb ROI: 4.39% Traditional ROI: 7.92%
1109 Sunrise Circle Mishawaka, IN OPEN HOUSE THIS SUNDAY (11/16) FROM 1-3PM! Welcome to this well-maintained 2-bedroom,...	2 beds \| 2 baths \| 1,006 sq.ft.	$229,999	Airbnb cash on cash: 2.5% Traditional cash on cash: 5.75% Airbnb Rental Income: $1503 Traditional Rental Income: $1770 Airbnb ROI: 2.5% Traditional ROI: 5.75%
1805 Linden Avenue Mishawaka, IN Beautifully updated home with golf course and river views! This charming Mishawaka home pe...	3 beds \| 2 baths \| 1,560 sq.ft.	$239,900	Airbnb cash on cash: 4.9% Traditional cash on cash: 7.02% Airbnb Rental Income: $2219 Traditional Rental Income: $2141 Airbnb ROI: 4.9% Traditional ROI: 7.02%
501 E Lawrence Street Mishawaka, IN Nostalgic charm meets endless potential in the heart of Mishawaka! This timeless brick cor...	3 beds \| 3 baths \| 3,868 sq.ft.	$225,000	Airbnb cash on cash: 5.06% Traditional cash on cash: 10.08% Airbnb Rental Income: $2219 Traditional Rental Income: $2730 Airbnb ROI: 5.06% Traditional ROI: 10.08%

Real Estate investment in Mishawaka, IN

There are 54 properties for sale in the city of Mishawaka . The median list price in Mishawaka is $205,000 and the average price per square foot is $110. In December 2025, the average monthly cash on cash return in Mishawaka is 7.00%. The average monthly rental income in Mishawaka is $1,956.

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

There are 54 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 $1,956.

Your search for investment property begins and ends here

Investment Property for Sale in Mishawaka, IN

56205 Hoosier Avenue

Mishawaka, IN

3 beds | 1 baths | 944 sq.ft.

$179,000

Airbnb cash on cash: 7.37%

Traditional cash on cash: 6.42%

Airbnb Rental Income: $2219

Traditional Rental Income: $1499

Airbnb ROI: 7.37%

Traditional ROI: 6.42%

1959 E Jefferson Boulevard

Mishawaka, IN

3 beds | 2 baths | 1,408 sq.ft.

$231,959

Airbnb cash on cash: 5.37%

Traditional cash on cash: 7.31%

Airbnb Rental Income: $2219

Traditional Rental Income: $2086

Airbnb ROI: 5.37%

Traditional ROI: 7.31%

1002 Alabama Street

Mishawaka, IN

2 beds | 1 baths | 1,186 sq.ft.

$148,900

Airbnb cash on cash: 5.02%

Traditional cash on cash: 8.34%

Airbnb Rental Income: $1503

Traditional Rental Income: $1537

Airbnb ROI: 5.02%

Traditional ROI: 8.34%

57502 Oakside Avenue

Mishawaka, IN

4 beds | 2 baths | 1,987 sq.ft.

$237,500

Airbnb cash on cash: 3.28%

Traditional cash on cash: 10.48%

Airbnb Rental Income: $1685

Traditional Rental Income: $2832

Airbnb ROI: 3.28%

Traditional ROI: 10.48%

222 E Donaldson Avenue

Mishawaka, IN

3 beds | 1 baths | 902 sq.ft.

$165,000

Airbnb cash on cash: 8.11%

Traditional cash on cash: 7.04%

Airbnb Rental Income: $2219

Traditional Rental Income: $1493

Airbnb ROI: 8.11%

Traditional ROI: 7.04%

11837 Bowman Drive

Mishawaka, IN

3 beds | 3 baths | 2,292 sq.ft.

$329,999

Airbnb cash on cash: 3.55%

Traditional cash on cash: 4.5%

Airbnb Rental Income: $2219

Traditional Rental Income: $1956

Airbnb ROI: 3.55%

Traditional ROI: 4.5%

327 Harding Avenue

Mishawaka, IN

2 beds | 1 baths | 682 sq.ft.

$139,900

Airbnb cash on cash: 4.37%

Traditional cash on cash: 4.37%

Airbnb Rental Income: $1503

Traditional Rental Income: $1064

Airbnb ROI: 4.37%

Traditional ROI: 4.37%

3820 Cottage Avenue

Mishawaka, IN

4 beds | 2 baths | 3,520 sq.ft.

$670,000

Airbnb cash on cash: -0.34%

Traditional cash on cash: 1.07%

Airbnb Rental Income: $1685

Traditional Rental Income: $2101

Airbnb ROI: -0.34%