Real Estate Investment Properties for Sale in Roanoke, IN

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
113 Paul Ct Roanoke, IN Welcome home to this beautifully maintained 5-year-old ranch offering 3 bedrooms, 2 full b...	3 beds \| 2 baths \| 1,973 sq.ft.	$399,900	Airbnb cash on cash: -0.27% Traditional cash on cash: 4.52% Airbnb Rental Income: $1067 Traditional Rental Income: $2496 Airbnb ROI: -0.27% Traditional ROI: 4.52%
406 Gene Dr Roanoke, IN Move right into this well-maintained 4-year-old villa in desirable Roanoke! Offering 2 bed...	2 beds \| 2 baths \| 1,201 sq.ft.	$249,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.25% Airbnb Rental Income: $null Traditional Rental Income: $1906 Airbnb ROI: N/A Traditional ROI: 5.25%
415 Gene Dr Roanoke, IN Open House Sunday, July 12, 12-2pm! Built in 2023 2 Bedroom 2 full Bath Villa Ranch, new 4...	2 beds \| 2 baths \| 1,201 sq.ft.	$262,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.79% Airbnb Rental Income: $null Traditional Rental Income: $1884 Airbnb ROI: N/A Traditional ROI: 4.79%
10937 Carob Thorn Trl Roanoke, IN Stunning new modern ranch home by Granite Ridge Builders. Almost 1500 SF with open living ...	3 beds \| 2 baths \| 1,494 sq.ft.	$349,900	Airbnb cash on cash: -0.9% Traditional cash on cash: 3.3% Airbnb Rental Income: $1067 Traditional Rental Income: $2078 Airbnb ROI: -0.9% Traditional ROI: 3.3%
13810 Lafayette Center Rd Roanoke, IN This is your opportunity to own this well maintained all-brick ranch situated on 2.03 acre...	4 beds \| 2 baths \| 5,296 sq.ft.	$399,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.19% Airbnb Rental Income: $null Traditional Rental Income: $2911 Airbnb ROI: N/A Traditional ROI: 5.19%
11132 Carob Thorn Trl Roanoke, IN Welcome to this two-story home Southwest Allen County Schools. The open great room boasts ...	4 beds \| 2 baths \| 1,738 sq.ft.	$369,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.8% Airbnb Rental Income: $null Traditional Rental Income: $2417 Airbnb ROI: N/A Traditional ROI: 3.8%
602 Nancyk Xing Roanoke, IN Nestled in the small town of Roanoke,In a much desired neighborhood. you'll find this amaz...	4 beds \| 3 baths \| 3,380 sq.ft.	$420,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.3% Airbnb Rental Income: $null Traditional Rental Income: $3709 Airbnb ROI: N/A Traditional ROI: 7.3%
4565 E Station Road Rd Roanoke, IN Rare opportunity to acquire 4 adjoining parcels totaling 6.4 acres in the growing Roanoke ...	7 beds \| 2 baths \| 3,489 sq.ft.	$190,000	Airbnb cash on cash: N/A Traditional cash on cash: 11.66% Airbnb Rental Income: $null Traditional Rental Income: $2409 Airbnb ROI: N/A Traditional ROI: 11.66%
5065 E 1200 N Roanoke, IN OPEN HOUSE SAT 10AM-12PM \| If you've been looking for a peaceful place to call home, you'l...	3 beds \| 2 baths \| 2,142 sq.ft.	$314,900	Airbnb cash on cash: 0.7% Traditional cash on cash: 4.28% Airbnb Rental Income: $1067 Traditional Rental Income: $1761 Airbnb ROI: 0.7% Traditional ROI: 4.28%
775 N Seminary St Roanoke, IN 775 N Seminary St, Roanoke, IN 46783 \| Other	N/A beds \| N/A baths \| N/A	$84,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.4% Airbnb Rental Income: $null Traditional Rental Income: $446 Airbnb ROI: N/A Traditional ROI: 2.4%
Chatham Plan Roanoke, IN Chatham Plan, Roanoke, IN 46783 \| Single Family Residential	4 beds \| 2 baths \| 1,771 sq.ft.	$284,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.08% Airbnb Rental Income: $null Traditional Rental Income: $1683 Airbnb ROI: N/A Traditional ROI: 4.08%
Freeport Plan Roanoke, IN Freeport Plan, Roanoke, IN 46783 \| Single Family Residential	3 beds \| 2 baths \| 1,501 sq.ft.	$265,900	Airbnb cash on cash: 0.58% Traditional cash on cash: 3.94% Airbnb Rental Income: $1067 Traditional Rental Income: $1543 Airbnb ROI: 0.58% Traditional ROI: 3.94%
Henley Plan Roanoke, IN Henley Plan, Roanoke, IN 46783 \| Single Family Residential	5 beds \| 3 baths \| 2,600 sq.ft.	$319,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.48% Airbnb Rental Income: $null Traditional Rental Income: $2296 Airbnb ROI: N/A Traditional ROI: 5.48%
Stamford Plan Roanoke, IN Stamford Plan, Roanoke, IN 46783 \| Single Family Residential	4 beds \| 2 baths \| 2,346 sq.ft.	$307,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.45% Airbnb Rental Income: $null Traditional Rental Income: $1916 Airbnb ROI: N/A Traditional ROI: 4.45%
Bellamy Plan Roanoke, IN Bellamy Plan, Roanoke, IN 46783 \| Single Family Residential	4 beds \| 2 baths \| 2,053 sq.ft.	$293,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.53% Airbnb Rental Income: $null Traditional Rental Income: $1857 Airbnb ROI: N/A Traditional ROI: 4.53%
13011 Hamilton Rd Roanoke, IN 13011 Hamilton Rd, Roanoke, IN 46783 \| Other	N/A beds \| N/A baths \| N/A	$1,104,000	Airbnb cash on cash: N/A Traditional cash on cash: -1.5% Airbnb Rental Income: $null Traditional Rental Income: $446 Airbnb ROI: N/A Traditional ROI: -1.5%
11214 Yalumba Pass Roanoke, IN NEW PRICE OPEN HOUSE- Saturday ( July 18) , 3 to 5 PM and Sunday (July 19), 2-4 PM Wi...	4 beds \| 2 baths \| 2,800 sq.ft.	$339,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.07% Airbnb Rental Income: $null Traditional Rental Income: $2936 Airbnb ROI: N/A Traditional ROI: 7.07%
00 W Yoder Rd Roanoke, IN 00 W Yoder Rd, Roanoke, IN 46783 \| Other	N/A beds \| N/A baths \| N/A	$225,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.18% Airbnb Rental Income: $null Traditional Rental Income: $524 Airbnb ROI: N/A Traditional ROI: 0.18%
621 Nancyk Xing Roanoke, IN Welocme to the beautiful small town of Roanoke. New Price! Beautiful ranch home in Roanoke...	3 beds \| 2 baths \| 2,086 sq.ft.	$315,000	Airbnb cash on cash: 0.15% Traditional cash on cash: 6.04% Airbnb Rental Income: $1067 Traditional Rental Income: $2447 Airbnb ROI: 0.15% Traditional ROI: 6.04%
Johnstown Plan Roanoke, IN Johnstown Plan, Roanoke, IN 46783 \| Single Family Residential	5 beds \| 3 baths \| 3,062 sq.ft.	$359,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.42% Airbnb Rental Income: $null Traditional Rental Income: $2548 Airbnb ROI: N/A Traditional ROI: 5.42%
Cortland Plan Roanoke, IN Cortland Plan, Roanoke, IN 46783 \| Single Family Residential	4 beds \| 3 baths \| 2,278 sq.ft.	$329,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.08% Airbnb Rental Income: $null Traditional Rental Income: $2239 Airbnb ROI: N/A Traditional ROI: 5.08%
10926 Carob Thorn Trl Roanoke, IN Welcome to Cedar Grove The open great room boasts three large picture windows. The kitchen...	4 beds \| 2 baths \| 1,698 sq.ft.	$369,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.14% Airbnb Rental Income: $null Traditional Rental Income: $2436 Airbnb ROI: N/A Traditional ROI: 4.14%
14277 Aboite Rd Roanoke, IN Stunning custom-built Windsor Home (2018) situated on 10 beautiful acres, offering the per...	3 beds \| 2 baths \| 2,278 sq.ft.	$799,900	Airbnb cash on cash: -1.01% Traditional cash on cash: 1.81% Airbnb Rental Income: $1067 Traditional Rental Income: $2805 Airbnb ROI: -1.01% Traditional ROI: 1.81%
14711 Brindle Xing Roanoke, IN Picture a meticulously maintained one-owner home that radiates pride of ownership from the...	4 beds \| 4 baths \| 4,553 sq.ft.	$825,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.26% Airbnb Rental Income: $null Traditional Rental Income: $6888 Airbnb ROI: N/A Traditional ROI: 7.26%
11117 La Fortuna Way Roanoke, IN An amazing opportunity for a turnkey ranch home on a quiet cul-de-sac in SWAC! This 3 bedr...	3 beds \| 2 baths \| 1,534 sq.ft.	$249,900	Airbnb cash on cash: 0.06% Traditional cash on cash: 5.67% Airbnb Rental Income: $1067 Traditional Rental Income: $2025 Airbnb ROI: 0.06% Traditional ROI: 5.67%
7811 Glacier Creek 92 Dr Roanoke, IN 7811 Glacier Creek Dr 92 Dr, Roanoke, IN 46783 \| Single Family Residential	6 beds \| 2 baths \| 7,191 sq.ft.	$1,150,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.05% Airbnb Rental Income: $null Traditional Rental Income: $2117 Airbnb ROI: N/A Traditional ROI: 0.05%
Harmony Plan Roanoke, IN Harmony Plan, Roanoke, IN 46783 \| Single Family Residential	3 beds \| 2 baths \| 1,498 sq.ft.	$277,900	Airbnb cash on cash: 0.47% Traditional cash on cash: 3.97% Airbnb Rental Income: $1067 Traditional Rental Income: $1617 Airbnb ROI: 0.47% Traditional ROI: 3.97%
Salem Plan Roanoke, IN Salem Plan, Roanoke, IN 46783 \| Single Family Residential	4 beds \| 2 baths \| 2,618 sq.ft.	$324,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.75% Airbnb Rental Income: $null Traditional Rental Income: $2106 Airbnb ROI: N/A Traditional ROI: 4.75%
4178 E 1100 N Roanoke, IN OPEN HOUSE SUNDAY, 7/12/26, FROM 1PM-3PM Rare opportunity to own this beautifully main...	4 beds \| 3 baths \| 3,792 sq.ft.	$599,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.35% Airbnb Rental Income: $null Traditional Rental Income: $2846 Airbnb ROI: N/A Traditional ROI: 3.35%
722 Waxwing Ct Roanoke, IN Welcome to your dream home in the quaint town of Roanoke! This stunning 1.5-story Granite ...	3 beds \| 2 baths \| 1,776 sq.ft.	$424,900	Airbnb cash on cash: -0.49% Traditional cash on cash: 3.69% Airbnb Rental Income: $1067 Traditional Rental Income: $2361 Airbnb ROI: -0.49% Traditional ROI: 3.69%
10953 Hamish Way Roanoke, IN Welcome to 10953 Hamish Way in Roanoke, a thoughtfully designed single-story home in Sierr...	4 beds \| 2 baths \| 1,771 sq.ft.	$326,170	Airbnb cash on cash: N/A Traditional cash on cash: 5.63% Airbnb Rental Income: $null Traditional Rental Income: $2428 Airbnb ROI: N/A Traditional ROI: 5.63%
10917 Hamish Way Roanoke, IN Experience all that 10917 Hamish Way has to offer. This home offers quick access to southw...	3 beds \| 2 baths \| 1,498 sq.ft.	$320,415	Airbnb cash on cash: 0.03% Traditional cash on cash: 3.77% Airbnb Rental Income: $1067 Traditional Rental Income: $1828 Airbnb ROI: 0.03% Traditional ROI: 3.77%
14940 Feighner Rd Roanoke, IN Country living with room to grow! This well-maintained ranch offers 1,580 sq. ft., 3 bedro...	3 beds \| 2 baths \| 1,580 sq.ft.	$399,000	Airbnb cash on cash: 0.04% Traditional cash on cash: 3.75% Airbnb Rental Income: $1067 Traditional Rental Income: $2089 Airbnb ROI: 0.04% Traditional ROI: 3.75%
11019 Barrymore Run Roanoke, IN Welcome to this beautifully updated home in the desirable Barrymore Run neighborhood, loca...	5 beds \| 3 baths \| 2,907 sq.ft.	$499,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.15% Airbnb Rental Income: $null Traditional Rental Income: $4241 Airbnb ROI: N/A Traditional ROI: 7.15%
10680 S 700 E-92 Roanoke, IN Nestled on 16 picturesque acres in a highly sought-after location, this exceptional equest...	4 beds \| 2 baths \| 4,071 sq.ft.	$1,599,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.4% Airbnb Rental Income: $null Traditional Rental Income: $1854 Airbnb ROI: N/A Traditional ROI: -0.4%
11301 Miramar Cove Roanoke, IN Start Showing Date: 7/16/2026 Stunning, Move-In Ready Home in Desirable Azbury Neighborhoo...	4 beds \| 4 baths \| 3,342 sq.ft.	$399,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.18% Airbnb Rental Income: $null Traditional Rental Income: $3446 Airbnb ROI: N/A Traditional ROI: 7.18%
4751 E 531 Drive Roanoke, IN OPEN HOUSE, SATURDAY, July 18TH, 1-3 PM Welcome to this spacious and family-friendly fiv...	5 beds \| 4 baths \| 3,600 sq.ft.	$479,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.71% Airbnb Rental Income: $null Traditional Rental Income: $3779 Airbnb ROI: N/A Traditional ROI: 6.71%
3282 E Sunflower Dr #8 Roanoke, IN 3282 E Sunflower Dr #8, Roanoke, IN 46783 \| Other	N/A beds \| N/A baths \| N/A	$190,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.33% Airbnb Rental Income: $null Traditional Rental Income: $542 Airbnb ROI: N/A Traditional ROI: 0.33%
3262 E Sunflower Dr #10 Roanoke, IN 3262 E Sunflower Dr #10, Roanoke, IN 46783 \| Other	N/A beds \| N/A baths \| N/A	$125,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.42% Airbnb Rental Income: $null Traditional Rental Income: $542 Airbnb ROI: N/A Traditional ROI: 1.42%
11517 Dennis Rd Roanoke, IN 11517 Dennis Rd, Roanoke, IN 46783 \| Single Family Residential	5 beds \| 4 baths \| 3,781 sq.ft.	$699,990	Airbnb cash on cash: N/A Traditional cash on cash: 3.02% Airbnb Rental Income: $null Traditional Rental Income: $3266 Airbnb ROI: N/A Traditional ROI: 3.02%

Real Estate investment in Roanoke, IN

There are 58 properties for sale in the city of Roanoke . The median list price in Roanoke is $251,849 and the average price per square foot is $111. In July 2026, the average monthly cash on cash return in Roanoke is 5.00%. The average monthly rental income in Roanoke is $2,318.

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

There are 58 investment properties available for sale in Roanoke.

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

The ROI for Short-Term is higher than the Long-Term in Roanoke with average rental income of $1,067.

Your search for investment property begins and ends here

Investment Property for Sale in Roanoke, IN

113 Paul Ct

Roanoke, IN

3 beds | 2 baths | 1,973 sq.ft.

$399,900

Airbnb cash on cash: -0.27%

Traditional cash on cash: 4.52%

Airbnb Rental Income: $1067

Traditional Rental Income: $2496

Airbnb ROI: -0.27%

Traditional ROI: 4.52%

406 Gene Dr

Roanoke, IN

2 beds | 2 baths | 1,201 sq.ft.

$249,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.25%

Airbnb Rental Income: $null

Traditional Rental Income: $1906

Airbnb ROI: N/A

Traditional ROI: 5.25%

415 Gene Dr

Roanoke, IN

2 beds | 2 baths | 1,201 sq.ft.

$262,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.79%

Airbnb Rental Income: $null

Traditional Rental Income: $1884

Airbnb ROI: N/A

Traditional ROI: 4.79%

10937 Carob Thorn Trl

Roanoke, IN

3 beds | 2 baths | 1,494 sq.ft.

$349,900

Airbnb cash on cash: -0.9%

Traditional cash on cash: 3.3%

Airbnb Rental Income: $1067

Traditional Rental Income: $2078

Airbnb ROI: -0.9%

Traditional ROI: 3.3%

13810 Lafayette Center Rd

Roanoke, IN

4 beds | 2 baths | 5,296 sq.ft.

$399,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.19%

Airbnb Rental Income: $null

Traditional Rental Income: $2911

Airbnb ROI: N/A

Traditional ROI: 5.19%

11132 Carob Thorn Trl

Roanoke, IN

4 beds | 2 baths | 1,738 sq.ft.

$369,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.8%

Airbnb Rental Income: $null

Traditional Rental Income: $2417

Airbnb ROI: N/A

Traditional ROI: 3.8%

602 Nancyk Xing

Roanoke, IN

4 beds | 3 baths | 3,380 sq.ft.

$420,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.3%

Airbnb Rental Income: $null

Traditional Rental Income: $3709

Airbnb ROI: N/A

Traditional ROI: 7.3%

4565 E Station Road Rd

Roanoke, IN

7 beds | 2 baths | 3,489 sq.ft.

$190,000

Airbnb cash on cash: N/A

Traditional cash on cash: 11.66%

Airbnb Rental Income: $null

Traditional Rental Income: $2409

Airbnb ROI: N/A