Real Estate Investment Properties for Sale in Mitchell, IN

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

Explore a variety of short-term homes & houses in Mitchell, IN. Invest wisely with VRBO & Mitchell, IN Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Ruth Lake Investment Property for Sale in Mitchell, IN

Search for Ruth Lake Investment Property for Sale in Mitchell, Indiana. Browse all of Mashvisor’s Ruth Lake Investment Property listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 32 Ruth Lake Investment Property listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
525 Boone Lane Mitchell, IN Welcome to this stunning ranch home, built in 2000. Nestled on a sprawling 2.46-acre lot, ...	3 beds \| 3 baths \| 2,926 sq.ft.	$470,000	Airbnb cash on cash: 0.22% Traditional cash on cash: 5.03% Airbnb Rental Income: $1235 Traditional Rental Income: $2955 Airbnb ROI: 0.22% Traditional ROI: 5.03%
46 Woodlawn Drive Mitchell, IN Welcome to 46 Woodlawn Dr! This bi-level home offers 4 bedrooms, 3 full baths and plenty o...	4 beds \| 3 baths \| 1,964 sq.ft.	$285,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.04% Airbnb Rental Income: $null Traditional Rental Income: $2726 Airbnb ROI: N/A Traditional ROI: 8.04%
1477 Yockey Road Mitchell, IN 1477 Yockey Road, Mitchell, IN., Here is your opportunity to own this modern-efficient 3 b...	3 beds \| 2 baths \| 1,154 sq.ft.	$272,900	Airbnb cash on cash: 1.42% Traditional cash on cash: 5.7% Airbnb Rental Income: $1235 Traditional Rental Income: $1943 Airbnb ROI: 1.42% Traditional ROI: 5.7%
1010 W Warren Street Mitchell, IN Welcome to this charming and affordable 2 bedroom! This home offers a covered front porch,...	2 beds \| 1 baths \| 903 sq.ft.	$120,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.54% Airbnb Rental Income: $null Traditional Rental Income: $1481 Airbnb ROI: N/A Traditional ROI: 10.54%
604 Crawford Street Mitchell, IN It won't be long to plant your garden & this large lot has plenty of room. Move-In Ready -...	2 beds \| 1 baths \| 856 sq.ft.	$164,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.85% Airbnb Rental Income: $null Traditional Rental Income: $1267 Airbnb ROI: N/A Traditional ROI: 5.85%
402 Boone Lane Mitchell, IN PEACEFUL. PRACTICAL. FULL OF POTENTIAL. This inviting 3-bedroom, 1-bath home offers comfor...	3 beds \| 1 baths \| 1,296 sq.ft.	$185,000	Airbnb cash on cash: 2.81% Traditional cash on cash: 7.69% Airbnb Rental Income: $1235 Traditional Rental Income: $1699 Airbnb ROI: 2.81% Traditional ROI: 7.69%
623 W Grissom Avenue Mitchell, IN Move-in ready home with many recent updates. new kitchen cabinetry, laminate flooring thro...	3 beds \| 1 baths \| 1,146 sq.ft.	$169,900	Airbnb cash on cash: 3.3% Traditional cash on cash: 9.19% Airbnb Rental Income: $1235 Traditional Rental Income: $1793 Airbnb ROI: 3.3% Traditional ROI: 9.19%
503 College Avenue Mitchell, IN Welcome to this freshly built three bedroom, two bath home completed in summer of 2025. Br...	3 beds \| 2 baths \| 1,200 sq.ft.	$225,000	Airbnb cash on cash: 2.45% Traditional cash on cash: 8.15% Airbnb Rental Income: $1235 Traditional Rental Income: $2056 Airbnb ROI: 2.45% Traditional ROI: 8.15%
3640 Old Vincennes Road Mitchell, IN Cozy, entirely remodeled, 2 bed, 1 bath home on a large lot. This home is perfect for firs...	2 beds \| 1 baths \| 840 sq.ft.	$125,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.72% Airbnb Rental Income: $null Traditional Rental Income: $1550 Airbnb ROI: N/A Traditional ROI: 10.72%
1120 Maple Street Mitchell, IN Are you looking for a newly renovated home close to Mitchell Schools for you or your famil...	3 beds \| 2 baths \| 1,909 sq.ft.	$219,900	Airbnb cash on cash: 2.29% Traditional cash on cash: 10.21% Airbnb Rental Income: $1235 Traditional Rental Income: $2489 Airbnb ROI: 2.29% Traditional ROI: 10.21%
1591 VFW Road Mitchell, IN Welcome to this beautifully maintained home nestled on a peaceful 2.5 acre lot, offering t...	3 beds \| 3 baths \| 1,620 sq.ft.	$264,900	Airbnb cash on cash: 1.24% Traditional cash on cash: 7.78% Airbnb Rental Income: $1235 Traditional Rental Income: $2475 Airbnb ROI: 1.24% Traditional ROI: 7.78%
1372 Yockey Road Mitchell, IN Over 3,100 sq ft of one-level living on 3 acres, plus a heated 40x40 garage and a 2 car de...	4 beds \| 3 baths \| 3,124 sq.ft.	$399,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.01% Airbnb Rental Income: $null Traditional Rental Income: $3291 Airbnb ROI: N/A Traditional ROI: 7.01%
401 W Grissom Avenue Mitchell, IN This charming 3-bedroom, 2-full bath home is freshly renovated and ready for new owners! S...	3 beds \| 2 baths \| 1,340 sq.ft.	$225,000	Airbnb cash on cash: 2.17% Traditional cash on cash: 8.74% Airbnb Rental Income: $1235 Traditional Rental Income: $2238 Airbnb ROI: 2.17% Traditional ROI: 8.74%
533 Rabbitsville Road Mitchell, IN Charming 3-bedroom, 2-bath ranch with 1,300 sqft of comfortable living space. This home fe...	3 beds \| 2 baths \| 1,344 sq.ft.	$164,900	Airbnb cash on cash: 3.35% Traditional cash on cash: 11.46% Airbnb Rental Income: $1235 Traditional Rental Income: $2116 Airbnb ROI: 3.35% Traditional ROI: 11.46%
7327 W State Road 60 Mitchell, IN As you pull into the drive of this lovely home, you are greeted by mature trees and gentle...	2 beds \| 2 baths \| 1,570 sq.ft.	$379,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.3% Airbnb Rental Income: $null Traditional Rental Income: $2261 Airbnb ROI: N/A Traditional ROI: 4.3%
843 Earl Road Mitchell, IN Spring is the perfect time to own your own slice of Southern Indiana paradise! This charmi...	2 beds \| 1 baths \| 1,054 sq.ft.	$520,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.55% Airbnb Rental Income: $null Traditional Rental Income: $1532 Airbnb ROI: N/A Traditional ROI: 1.55%
97 S Acres Drive Mitchell, IN Exceptionally clean and well-maintained home on nearly an acre! This property offers the p...	3 beds \| 2 baths \| 1,344 sq.ft.	$170,000	Airbnb cash on cash: 3.36% Traditional cash on cash: 11% Airbnb Rental Income: $1235 Traditional Rental Income: $2079 Airbnb ROI: 3.36% Traditional ROI: 11%
6066 W State Road 60 Mitchell, IN Have you been searching for a spacious home with enough space for your needs? Look no mor...	4 beds \| 2 baths \| 1,848 sq.ft.	$249,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.05% Airbnb Rental Income: $null Traditional Rental Income: $2606 Airbnb ROI: N/A Traditional ROI: 9.05%
1211 & 1209 W Main Street Mitchell, IN Welcome to this well kept 2 bedroom, 1 bath home located right on Main Street in Mitchell!...	2 beds \| 1 baths \| 867 sq.ft.	$145,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.01% Airbnb Rental Income: $null Traditional Rental Income: $1600 Airbnb ROI: N/A Traditional ROI: 9.01%
112 Blue Bird Lane Mitchell, IN Introducing this 1,950 SQ FT Beautifully designed New-Construction home currently being bu...	3 beds \| 2 baths \| 1,950 sq.ft.	$319,900	Airbnb cash on cash: 1.45% Traditional cash on cash: 7.17% Airbnb Rental Income: $1235 Traditional Rental Income: $2560 Airbnb ROI: 1.45% Traditional ROI: 7.17%
197 County Estates Drive Mitchell, IN Charming Log Home for Sale! Discover your dream retreat in this stunning log home featuri...	5 beds \| 3 baths \| 2,439 sq.ft.	$329,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.6% Airbnb Rental Income: $null Traditional Rental Income: $2937 Airbnb ROI: N/A Traditional ROI: 7.6%
8106 US 50 W Mitchell, IN 3 bedroom, 1.5 bath home on 1.08 acres with convenient access to US 50 and SR 37. Function...	3 beds \| 2 baths \| 1,288 sq.ft.	$133,000	Airbnb cash on cash: 4.07% Traditional cash on cash: 9.62% Airbnb Rental Income: $1235 Traditional Rental Income: $1549 Airbnb ROI: 4.07% Traditional ROI: 9.62%
453 W State Road 60 Road Mitchell, IN Stunning Energy-Efficient Berm Home with Unique Features!Discover your dream retreat i...	4 beds \| 2 baths \| 2,814 sq.ft.	$419,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.09% Airbnb Rental Income: $null Traditional Rental Income: $2672 Airbnb ROI: N/A Traditional ROI: 5.09%
515 College Avenue Mitchell, IN Currently under construction, this thoughtfully designed 3 bedroom, 2 bathroom spec home o...	3 beds \| 2 baths \| 1,248 sq.ft.	$219,000	Airbnb cash on cash: 2.28% Traditional cash on cash: 7.96% Airbnb Rental Income: $1235 Traditional Rental Income: $2020 Airbnb ROI: 2.28% Traditional ROI: 7.96%
511 College Avenue Mitchell, IN Currently under construction and ready for its first owner, this 3 bedroom, 2 bathroom spe...	3 beds \| 2 baths \| 1,248 sq.ft.	$219,000	Airbnb cash on cash: 2.28% Traditional cash on cash: 7.96% Airbnb Rental Income: $1235 Traditional Rental Income: $2020 Airbnb ROI: 2.28% Traditional ROI: 7.96%
100 Hoosier Way Mitchell, IN Be the first owner of this cozy, low-maintenance, affordable new construction home! Curren...	2 beds \| 1 baths \| 963 sq.ft.	$179,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.68% Airbnb Rental Income: $null Traditional Rental Income: $1668 Airbnb ROI: N/A Traditional ROI: 7.68%
1161 Hollace Chastain Road Mitchell, IN Discover the perfect blend of modern updates and wide-open space at this exceptional count...	3 beds \| 2 baths \| 2,189 sq.ft.	$319,900	Airbnb cash on cash: 0.93% Traditional cash on cash: 6.32% Airbnb Rental Income: $1235 Traditional Rental Income: $2462 Airbnb ROI: 0.93% Traditional ROI: 6.32%
103 E Warren Street Mitchell, IN Welcome to this 2025 home situated on a peaceful corner lot featuring a unique and functio...	2 beds \| 2 baths \| 1,197 sq.ft.	$234,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.43% Airbnb Rental Income: $null Traditional Rental Income: $2047 Airbnb ROI: N/A Traditional ROI: 6.43%
506 Thompson Lane Mitchell, IN Log cabin on wooded acreage! This charming 2-story log home sits on 5.99 acres just outsid...	3 beds \| 3 baths \| 2,460 sq.ft.	$369,900	Airbnb cash on cash: 0.61% Traditional cash on cash: 1.83% Airbnb Rental Income: $1235 Traditional Rental Income: $1264 Airbnb ROI: 0.61% Traditional ROI: 1.83%
444 S 4TH Street Mitchell, IN This house is all new complete remodel from Floor joist to roof, like a new build on the o...	3 beds \| 2 baths \| 1,232 sq.ft.	$239,900	Airbnb cash on cash: 1.6% Traditional cash on cash: 6.42% Airbnb Rental Income: $1235 Traditional Rental Income: $1934 Airbnb ROI: 1.6% Traditional ROI: 6.42%
770 Mill Creek Road Mitchell, IN Welcome home to this charming 3 bedroom, 2 full bath home offering 1056 sq ft of comfortab...	3 beds \| 2 baths \| 1,052 sq.ft.	$305,000	Airbnb cash on cash: 1.07% Traditional cash on cash: 4.82% Airbnb Rental Income: $1235 Traditional Rental Income: $1916 Airbnb ROI: 1.07% Traditional ROI: 4.82%
1134 N Marion Street Mitchell, IN This 2-bedroom, 1-bath home has been completely transformed and is ready for its next chap...	2 beds \| 1 baths \| 863 sq.ft.	$143,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.39% Airbnb Rental Income: $null Traditional Rental Income: $1481 Airbnb ROI: N/A Traditional ROI: 8.39%

Your search for investment property begins and ends here

Ruth Lake Investment Property for Sale in Mitchell, IN

525 Boone Lane

Mitchell, IN

3 beds | 3 baths | 2,926 sq.ft.

$470,000

Airbnb cash on cash: 0.22%

Traditional cash on cash: 5.03%

Airbnb Rental Income: $1235

Traditional Rental Income: $2955

Airbnb ROI: 0.22%

Traditional ROI: 5.03%

46 Woodlawn Drive

Mitchell, IN

4 beds | 3 baths | 1,964 sq.ft.

$285,000

Airbnb cash on cash: N/A

Traditional cash on cash: 8.04%

Airbnb Rental Income: $null

Traditional Rental Income: $2726

Airbnb ROI: N/A

Traditional ROI: 8.04%

1477 Yockey Road

Mitchell, IN

3 beds | 2 baths | 1,154 sq.ft.

$272,900

Airbnb cash on cash: 1.42%

Traditional cash on cash: 5.7%

Airbnb Rental Income: $1235

Traditional Rental Income: $1943

Airbnb ROI: 1.42%

Traditional ROI: 5.7%

1010 W Warren Street

Mitchell, IN

2 beds | 1 baths | 903 sq.ft.

$120,000

Airbnb cash on cash: N/A

Traditional cash on cash: 10.54%

Airbnb Rental Income: $null

Traditional Rental Income: $1481

Airbnb ROI: N/A

Traditional ROI: 10.54%

604 Crawford Street

Mitchell, IN

2 beds | 1 baths | 856 sq.ft.

$164,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.85%

Airbnb Rental Income: $null

Traditional Rental Income: $1267

Airbnb ROI: N/A

Traditional ROI: 5.85%

402 Boone Lane

Mitchell, IN

3 beds | 1 baths | 1,296 sq.ft.

$185,000

Airbnb cash on cash: 2.81%

Traditional cash on cash: 7.69%

Airbnb Rental Income: $1235

Traditional Rental Income: $1699

Airbnb ROI: 2.81%

Traditional ROI: 7.69%

623 W Grissom Avenue

Mitchell, IN

3 beds | 1 baths | 1,146 sq.ft.

$169,900

Airbnb cash on cash: 3.3%

Traditional cash on cash: 9.19%

Airbnb Rental Income: $1235

Traditional Rental Income: $1793

Airbnb ROI: 3.3%

Traditional ROI: 9.19%

503 College Avenue

Mitchell, IN

3 beds | 2 baths | 1,200 sq.ft.

$225,000

Airbnb cash on cash: 2.45%

Traditional cash on cash: 8.15%

Airbnb Rental Income: $1235

Traditional Rental Income: $2056

Airbnb ROI: 2.45%