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

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
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: 2.48% Traditional cash on cash: 4.79% Airbnb Rental Income: $1983 Traditional Rental Income: $2290 Airbnb ROI: 2.48% Traditional ROI: 4.79%
4233 Douthart Place Mishawaka, IN Homes rarely come up for sale in Rosetta Place, and this new listing is a gem! Come home t...	4 beds \| 3 baths \| 3,084 sq.ft.	$450,000	Airbnb cash on cash: 4.86% Traditional cash on cash: 5.85% Airbnb Rental Income: $3694 Traditional Rental Income: $3305 Airbnb ROI: 4.86% Traditional ROI: 5.85%
120 Gernhart Avenue Mishawaka, IN *Open House this Saturday, August 30th, from 12:00 TO 2:00* Donât miss this spectacu...	3 beds \| 2 baths \| 2,200 sq.ft.	$278,500	Airbnb cash on cash: 3.59% Traditional cash on cash: 4.64% Airbnb Rental Income: $1983 Traditional Rental Income: $1741 Airbnb ROI: 3.59% Traditional ROI: 4.64%
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.	$135,000	Airbnb cash on cash: 8.01% Traditional cash on cash: 5.26% Airbnb Rental Income: $1983 Traditional Rental Income: $1107 Airbnb ROI: 8.01% Traditional ROI: 5.26%
1114 Beacon Drive Mishawaka, IN NEW CONSTRUCTION READY TO MOVE IN! THE GATE AT REVEREWOOD, A Must See, this smart and spac...	4 beds \| 3 baths \| 2,071 sq.ft.	$410,000	Airbnb cash on cash: 5.54% Traditional cash on cash: 5.07% Airbnb Rental Income: $3694 Traditional Rental Income: $2708 Airbnb ROI: 5.54% Traditional ROI: 5.07%
16974 Douglas Road Mishawaka, IN Land plus the two story home with three bedrooms home plus 2 stall attached garage on 1.3 ...	3 beds \| 1 baths \| 1,300 sq.ft.	$617,000	Airbnb cash on cash: 1.21% Traditional cash on cash: 1.28% Airbnb Rental Income: $1983 Traditional Rental Income: $1503 Airbnb ROI: 1.21% Traditional ROI: 1.28%
1157 E Borley Avenue Mishawaka, IN OPEN HOUSE CANCELLED Welcome home to this Mishawaka gem - walking distance to the Mishaw...	3 beds \| 3 baths \| 2,293 sq.ft.	$284,900	Airbnb cash on cash: 3.07% Traditional cash on cash: 5.69% Airbnb Rental Income: $1983 Traditional Rental Income: $2168 Airbnb ROI: 3.07% Traditional ROI: 5.69%
2028 Linden Avenue Mishawaka, IN Seller financing available! Welcome to Your Dream Remodeled Riverfront Home! 2028 Linden A...	3 beds \| 3 baths \| 2,964 sq.ft.	$424,900	Airbnb cash on cash: 1.71% Traditional cash on cash: 6.14% Airbnb Rental Income: $1983 Traditional Rental Income: $3230 Airbnb ROI: 1.71% Traditional ROI: 6.14%
1846 Forest Edge Drive Mishawaka, IN Welcome to this warm and inviting 4-bedroom, 2.5-bathroom home nestled in the heart of Bla...	4 beds \| 3 baths \| 2,408 sq.ft.	$329,000	Airbnb cash on cash: 7.24% Traditional cash on cash: 5.18% Airbnb Rental Income: $3694 Traditional Rental Income: $2251 Airbnb ROI: 7.24% Traditional ROI: 5.18%
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: 2.33% Traditional cash on cash: 1.07% Airbnb Rental Income: $3694 Traditional Rental Income: $2101 Airbnb ROI: 2.33% 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.	$368,000	Airbnb cash on cash: 2.31% Traditional cash on cash: 5.58% Airbnb Rental Income: $1983 Traditional Rental Income: $2593 Airbnb ROI: 2.31% Traditional ROI: 5.58%
1025 W Lincolnway Mishawaka, IN MAJOR PRICE REDUCTION â MOTIVATED SELLER! This beautiful 4-bedroom, 2.5-bath home is ful...	4 beds \| 3 baths \| 2,698 sq.ft.	$250,000	Airbnb cash on cash: 8.96% Traditional cash on cash: 10.32% Airbnb Rental Income: $3694 Traditional Rental Income: $3210 Airbnb ROI: 8.96% Traditional ROI: 10.32%
11999 Wagner Drive Mishawaka, IN	3 beds \| 2 baths \| 1,773 sq.ft.	$210,000	Airbnb cash on cash: 5.43% Traditional cash on cash: 9.62% Airbnb Rental Income: $1983 Traditional Rental Income: $2298 Airbnb ROI: 5.43% Traditional ROI: 9.62%
512 webster Street Mishawaka, IN Charming Two-Story Home Near Downtown Mishawaka This delightful two-story home offers 3 be...	3 beds \| 2 baths \| 1,628 sq.ft.	$244,900	Airbnb cash on cash: 4.38% Traditional cash on cash: 7.34% Airbnb Rental Income: $1983 Traditional Rental Income: $2149 Airbnb ROI: 4.38% Traditional ROI: 7.34%
54665 Windingbrook Drive Mishawaka, IN Beautiful 5 bedroom home in festive Winding Brook Neighborhood! 2 Story home offers new LV...	5 beds \| 3 baths \| 2,749 sq.ft.	$369,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.14% Airbnb Rental Income: $null Traditional Rental Income: $3181 Airbnb ROI: N/A Traditional ROI: 7.14%
1324 Peachtree Lane Mishawaka, IN Welcome to Savannah Pass! This well-maintained two-story home offers 3 bedrooms, 2.5 bathr...	3 beds \| 3 baths \| 1,846 sq.ft.	$314,900	Airbnb cash on cash: 2.19% Traditional cash on cash: 5.81% Airbnb Rental Income: $1983 Traditional Rental Income: $2536 Airbnb ROI: 2.19% Traditional ROI: 5.81%
808 Webster Street Mishawaka, IN Welcome to 808 Webster St â a beautifully renovated 3-bedroom, 1-bathroom gem in the hig...	3 beds \| 1 baths \| 1,228 sq.ft.	$229,999	Airbnb cash on cash: 4.84% Traditional cash on cash: 5.71% Airbnb Rental Income: $1983 Traditional Rental Income: $1652 Airbnb ROI: 4.84% Traditional ROI: 5.71%
11912 S Lori Lane Mishawaka, IN Just in time for summer funâyour new home awaits! A meticulously maintained 5-bedroom h...	5 beds \| 4 baths \| 3,378 sq.ft.	$375,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.13% Airbnb Rental Income: $null Traditional Rental Income: $4248 Airbnb ROI: N/A Traditional ROI: 10.13%
54570 Bethany Drive Mishawaka, IN This updated 3-bed, 2-bath quad-level in PHM Schools is packed with personality and upgrad...	3 beds \| 2 baths \| 1,504 sq.ft.	$290,000	Airbnb cash on cash: 3.58% Traditional cash on cash: 6.2% Airbnb Rental Income: $1983 Traditional Rental Income: $2179 Airbnb ROI: 3.58% Traditional ROI: 6.2%
203 Palau Avenue Mishawaka, IN Welcome home! This 3-bedroom ranch-style property is nestled in a quiet subdivision that b...	3 beds \| 1 baths \| 1,065 sq.ft.	$168,900	Airbnb cash on cash: 6.85% Traditional cash on cash: 7.66% Airbnb Rental Income: $1983 Traditional Rental Income: $1594 Airbnb ROI: 6.85% Traditional ROI: 7.66%
4607 Rivers Edge Drive Mishawaka, IN Enjoy comfort and convenience in this spacious 3-bedroom, 2-bath condo featuring vaulted c...	3 beds \| 2 baths \| 1,564 sq.ft.	$249,900	Airbnb cash on cash: 1.87% Traditional cash on cash: 4.82% Airbnb Rental Income: $1983 Traditional Rental Income: $2160 Airbnb ROI: 1.87% Traditional ROI: 4.82%
2407 N Main Street Mishawaka, IN Donât miss this charming two-bedroom, one-bath home conveniently located in Mishawaka, I...	2 beds \| 1 baths \| 1,202 sq.ft.	$149,500	Airbnb cash on cash: 7.93% Traditional cash on cash: 7.31% Airbnb Rental Income: $1983 Traditional Rental Income: $1375 Airbnb ROI: 7.93% Traditional ROI: 7.31%
1726 Homewood Avenue Mishawaka, IN Big things come in small packages! This beautifully maintained home proves you don't need...	3 beds \| 1 baths \| 960 sq.ft.	$170,000	Airbnb cash on cash: 5.8% Traditional cash on cash: 5.78% Airbnb Rental Income: $1983 Traditional Rental Income: $1461 Airbnb ROI: 5.8% Traditional ROI: 5.78%
2232 Treys Trail Mishawaka, IN Open House August 10th 12-2pm !!!!Welcome home to this beautiful 4 bedroom, 3 1/2 bath h...	4 beds \| 4 baths \| 3,722 sq.ft.	$429,900	Airbnb cash on cash: 5.03% Traditional cash on cash: 7.19% Airbnb Rental Income: $3694 Traditional Rental Income: $3758 Airbnb ROI: 5.03% Traditional ROI: 7.19%
330 E 9Th Street Mishawaka, IN Highest and Best Offers to be submitted by Saturday 8/9/25 at Noon. You will have plenty o...	3 beds \| 2 baths \| 2,174 sq.ft.	$190,000	Airbnb cash on cash: 5.53% Traditional cash on cash: 10.89% Airbnb Rental Income: $1983 Traditional Rental Income: $2432 Airbnb ROI: 5.53% Traditional ROI: 10.89%
902 S Main Street #A & B Mishawaka, IN Looking for an investment property with long-term tenants already in place? Be sure to che...	2 beds \| 2 baths \| 1,436 sq.ft.	$190,000	Airbnb cash on cash: 5.2% Traditional cash on cash: 7.48% Airbnb Rental Income: $1983 Traditional Rental Income: $1876 Airbnb ROI: 5.2% Traditional ROI: 7.48%
902 S Main Street #A-1 & B-2 Mishawaka, IN Timeless 2 story home currently being used as a 2- family home. This solid home could be e...	2 beds \| 2 baths \| 1,476 sq.ft.	$190,000	Airbnb cash on cash: 5% Traditional cash on cash: 7.68% Airbnb Rental Income: $1983 Traditional Rental Income: $1949 Airbnb ROI: 5% Traditional ROI: 7.68%
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: 1.01% Traditional cash on cash: 4.32% Airbnb Rental Income: $1983 Traditional Rental Income: $3121 Airbnb ROI: 1.01% Traditional ROI: 4.32%
807 Conner Drive Mishawaka, IN Discover the charm of this delightful home nestled in a sought-after neighborhood within t...	3 beds \| 3 baths \| 1,560 sq.ft.	$249,999	Airbnb cash on cash: 4.06% Traditional cash on cash: 7.84% Airbnb Rental Income: $1983 Traditional Rental Income: $2357 Airbnb ROI: 4.06% Traditional ROI: 7.84%
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: 2.14% Traditional cash on cash: 6.08% Airbnb Rental Income: $1983 Traditional Rental Income: $2777 Airbnb ROI: 2.14% Traditional ROI: 6.08%
2982 Princeton Drive Mishawaka, IN PENDED AT PRINT	3 beds \| 2 baths \| 1,844 sq.ft.	$190,000	Airbnb cash on cash: 5.08% Traditional cash on cash: 10.14% Airbnb Rental Income: $1983 Traditional Rental Income: $2377 Airbnb ROI: 5.08% Traditional ROI: 10.14%
929 W Borley Avenue Mishawaka, IN This Mishawaka home is full of potential & just waiting for its new owners! Offering 2 bed...	2 beds \| 1 baths \| 816 sq.ft.	$135,000	Airbnb cash on cash: 7.28% Traditional cash on cash: 7.23% Airbnb Rental Income: $1983 Traditional Rental Income: $1457 Airbnb ROI: 7.28% Traditional ROI: 7.23%
55271 Currant Road Mishawaka, IN This beautifully designed home offers the perfect blend of comfort and versatility with tw...	4 beds \| 3 baths \| 2,400 sq.ft.	$439,000	Airbnb cash on cash: 5.42% Traditional cash on cash: 5.93% Airbnb Rental Income: $3694 Traditional Rental Income: $3100 Airbnb ROI: 5.42% Traditional ROI: 5.93%
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.	$398,000	Airbnb cash on cash: 1.72% Traditional cash on cash: 5.76% Airbnb Rental Income: $1983 Traditional Rental Income: $2971 Airbnb ROI: 1.72% Traditional ROI: 5.76%
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.	$445,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.65% Airbnb Rental Income: $null Traditional Rental Income: $4203 Airbnb ROI: N/A Traditional ROI: 7.65%
641 E Dragoon Trail Mishawaka, IN Start Showing Date: 9/8/2025 Welcome home! This gorgeous, well-maintained home in the soug...	3 beds \| 2 baths \| 1,762 sq.ft.	$349,900	Airbnb cash on cash: 2.46% Traditional cash on cash: 5.06% Airbnb Rental Income: $1983 Traditional Rental Income: $2318 Airbnb ROI: 2.46% Traditional ROI: 5.06%
5616 Trippel Drive Mishawaka, IN This well built low maintenance home is ready for you. Great location close to everything...	2 beds \| 2 baths \| 1,275 sq.ft.	$280,000	Airbnb cash on cash: 3.77% Traditional cash on cash: 5.44% Airbnb Rental Income: $1983 Traditional Rental Income: $1904 Airbnb ROI: 3.77% Traditional ROI: 5.44%
1204 Michigan Avenue Mishawaka, IN Welcome to your charming new home! This delightful 3-bedroom, 2-bathroom residence is nest...	3 beds \| 2 baths \| 1,372 sq.ft.	$195,000	Airbnb cash on cash: 5.53% Traditional cash on cash: 8.76% Airbnb Rental Income: $1983 Traditional Rental Income: $2061 Airbnb ROI: 5.53% Traditional ROI: 8.76%

Real Estate investment in Mishawaka, IN

There are 38 properties for sale in the city of Mishawaka . The median list price in Mishawaka is $250,000 and the average price per square foot is $130. In September 2025, the average monthly cash on cash return in Mishawaka is 7.00%. The average monthly rental income in Mishawaka is $2,160.

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

There are 38 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 $2,160.

Your search for investment property begins and ends here

Investment Property for Sale in Mishawaka, IN

61701 Elm Road

Mishawaka, IN

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

$380,000

Airbnb cash on cash: 2.48%

Traditional cash on cash: 4.79%

Airbnb Rental Income: $1983

Traditional Rental Income: $2290

Airbnb ROI: 2.48%

Traditional ROI: 4.79%

4233 Douthart Place

Mishawaka, IN

4 beds | 3 baths | 3,084 sq.ft.

$450,000

Airbnb cash on cash: 4.86%

Traditional cash on cash: 5.85%

Airbnb Rental Income: $3694

Traditional Rental Income: $3305

Airbnb ROI: 4.86%

Traditional ROI: 5.85%

120 Gernhart Avenue

Mishawaka, IN

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

$278,500

Airbnb cash on cash: 3.59%

Traditional cash on cash: 4.64%

Airbnb Rental Income: $1983

Traditional Rental Income: $1741

Airbnb ROI: 3.59%

Traditional ROI: 4.64%

907 Berkley Circle

Mishawaka, IN

2 beds | 1 baths | 912 sq.ft.

$135,000

Airbnb cash on cash: 8.01%

Traditional cash on cash: 5.26%

Airbnb Rental Income: $1983

Traditional Rental Income: $1107

Airbnb ROI: 8.01%

Traditional ROI: 5.26%

1114 Beacon Drive

Mishawaka, IN

4 beds | 3 baths | 2,071 sq.ft.

$410,000

Airbnb cash on cash: 5.54%

Traditional cash on cash: 5.07%

Airbnb Rental Income: $3694

Traditional Rental Income: $2708

Airbnb ROI: 5.54%

Traditional ROI: 5.07%

16974 Douglas Road

Mishawaka, IN

3 beds | 1 baths | 1,300 sq.ft.

$617,000

Airbnb cash on cash: 1.21%

Traditional cash on cash: 1.28%

Airbnb Rental Income: $1983

Traditional Rental Income: $1503

Airbnb ROI: 1.21%

Traditional ROI: 1.28%

1157 E Borley Avenue

Mishawaka, IN

3 beds | 3 baths | 2,293 sq.ft.

$284,900

Airbnb cash on cash: 3.07%

Traditional cash on cash: 5.69%

Airbnb Rental Income: $1983

Traditional Rental Income: $2168

Airbnb ROI: 3.07%

Traditional ROI: 5.69%

2028 Linden Avenue

Mishawaka, IN

3 beds | 3 baths | 2,964 sq.ft.

$424,900

Airbnb cash on cash: 1.71%

Traditional cash on cash: 6.14%

Airbnb Rental Income: $1983

Traditional Rental Income: $3230

Airbnb ROI: 1.71%