Real Estate Investment Properties for Sale in Santa Claus, IN

Looking for investment property in Santa Claus, IN with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
707 W Shepherds Ln Santa Claus, IN Stunning Lakefront Retreat on Lake Noel. Welcome to this 100% remodeled showplace on a cor...	5 beds \| 3 baths \| 5,795 sq.ft.	$1,649,500	Airbnb cash on cash: -0.62% Traditional cash on cash: 0.81% Airbnb Rental Income: $2646 Traditional Rental Income: $4209 Airbnb ROI: -0.62% Traditional ROI: 0.81%
238 S Balthazar Dr Santa Claus, IN Buy through Auction.com. This foreclosure property is a great opportunity to invest in thi...	3 beds \| 2 baths \| 1,853 sq.ft.	$269,900	Airbnb cash on cash: 1.59% Traditional cash on cash: 4.53% Airbnb Rental Income: $1264 Traditional Rental Income: $1614 Airbnb ROI: 1.59% Traditional ROI: 4.53%
502 N New Years Day Santa Claus, IN Large 3-4 bedroom home in Santa Claus! Spacious wooded lot with a nice deck off the dining...	4 beds \| 3 baths \| 1,914 sq.ft.	$195,000	Airbnb cash on cash: 1.2% Traditional cash on cash: 8.74% Airbnb Rental Income: $1028 Traditional Rental Income: $2063 Airbnb ROI: 1.2% Traditional ROI: 8.74%
32 Hevron Rd Santa Claus, IN Welcome to your ultimate getaway in Holiday Village â a property perfect as a glorified ...	2 beds \| 2 baths \| 3,120 sq.ft.	$349,900	Airbnb cash on cash: 0.48% Traditional cash on cash: 4.73% Airbnb Rental Income: $1118 Traditional Rental Income: $2139 Airbnb ROI: 0.48% Traditional ROI: 4.73%
856 S Balthazar Drive Santa Claus, IN Owner wants your offer! Welcome to 856 S Balthazar Drive! An inviting rustic home, designe...	3 beds \| 3 baths \| 2,470 sq.ft.	$254,900	Airbnb cash on cash: 0.3% Traditional cash on cash: 7.47% Airbnb Rental Income: $1264 Traditional Rental Income: $2589 Airbnb ROI: 0.3% Traditional ROI: 7.47%
496 W Evergreen Plaza S Santa Claus, IN Welcome to this beautifully remodeled 3-bedroom, 2.5-bathroom home in the heart of Santa C...	3 beds \| 3 baths \| 2,202 sq.ft.	$250,000	Airbnb cash on cash: 0.52% Traditional cash on cash: 6.55% Airbnb Rental Income: $1264 Traditional Rental Income: $2288 Airbnb ROI: 0.52% Traditional ROI: 6.55%
1104 S Melody Lane Santa Claus, IN All brick ranch home with basement on a corner lot in walking distance of Christmas Lake V...	3 beds \| 4 baths \| 2,595 sq.ft.	$360,000	Airbnb cash on cash: 0.47% Traditional cash on cash: 5.67% Airbnb Rental Income: $1264 Traditional Rental Income: $2621 Airbnb ROI: 0.47% Traditional ROI: 5.67%
190 E Candy Cane Ln Santa Claus, IN 190 E Candy Cane Lane â Christmas Lake Village This home is a true lakeview dream with ...	3 beds \| 3 baths \| 2,940 sq.ft.	$499,900	Airbnb cash on cash: -0.07% Traditional cash on cash: 3.41% Airbnb Rental Income: $1264 Traditional Rental Income: $2492 Airbnb ROI: -0.07% Traditional ROI: 3.41%
111 E Melchoir Drive Santa Claus, IN Discover lakeview living on nearly an acre and a half in the heart of Santa Claus. This in...	3 beds \| 3 baths \| 2,909 sq.ft.	$319,900	Airbnb cash on cash: 0.2% Traditional cash on cash: 6.06% Airbnb Rental Income: $1264 Traditional Rental Income: $2627 Airbnb ROI: 0.2% Traditional ROI: 6.06%
420 S Ornament East Santa Claus, IN Welcome to this inviting Cape Cod-style home overlooking Lake Noel in the heart of Christm...	4 beds \| 3 baths \| 2,072 sq.ft.	$249,900	Airbnb cash on cash: -0.26% Traditional cash on cash: 6% Airbnb Rental Income: $1028 Traditional Rental Income: $2144 Airbnb ROI: -0.26% Traditional ROI: 6%
1084 W Star Circle Santa Claus, IN Welcome to 1084 W Star Circleâan inviting 3-bedroom, 2-bath ranch home with peaceful lak...	3 beds \| 2 baths \| 1,456 sq.ft.	$199,900	Airbnb cash on cash: 2.78% Traditional cash on cash: 7.57% Airbnb Rental Income: $1264 Traditional Rental Income: $1773 Airbnb ROI: 2.78% Traditional ROI: 7.57%
215 S Tinsel Circle Santa Claus, IN Gated community, cul de sac, lake access, parks and more. This home is a a part of all of ...	3 beds \| 3 baths \| 2,150 sq.ft.	$249,000	Airbnb cash on cash: 1.5% Traditional cash on cash: 7.81% Airbnb Rental Income: $1264 Traditional Rental Income: $2349 Airbnb ROI: 1.5% Traditional ROI: 7.81%
276 S Poinsettia Dr Santa Claus, IN 276 S Poinsettia Dr, Santa Claus, IN 47579 \| Single Family Residential	3 beds \| 2 baths \| 2,132 sq.ft.	$285,000	Airbnb cash on cash: -1.1% Traditional cash on cash: 3.02% Airbnb Rental Income: $1264 Traditional Rental Income: $1970 Airbnb ROI: -1.1% Traditional ROI: 3.02%
Lots 69 and 70 W Shepherds Ln Santa Claus, IN Lots 69 and 70 W Shepherds Ln, Santa Claus, IN 47579 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$55,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.81% Airbnb Rental Income: $null Traditional Rental Income: $780 Airbnb ROI: N/A Traditional ROI: 8.81%
Lots 71 and 72 N Melchoir Dr Santa Claus, IN Lots 71 and 72 N Melchoir Dr, Santa Claus, IN 47579 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$35,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.71% Airbnb Rental Income: $null Traditional Rental Income: $431 Airbnb ROI: N/A Traditional ROI: 4.71%
17057 N SR 245 Rd Santa Claus, IN 17057 N SR 245 Rd, Santa Claus, IN 47579 \| Manufactured Home	3 beds \| 2 baths \| 1,215 sq.ft.	$269,000	Airbnb cash on cash: 1.2% Traditional cash on cash: 2.4% Airbnb Rental Income: $1264 Traditional Rental Income: $1171 Airbnb ROI: 1.2% Traditional ROI: 2.4%
17159 N SR 245 Rd Santa Claus, IN 17159 N SR 245 Rd, Santa Claus, IN 47579 \| Manufactured Home	3 beds \| 2 baths \| 1,568 sq.ft.	$269,000	Airbnb cash on cash: 1.2% Traditional cash on cash: 3.21% Airbnb Rental Income: $1264 Traditional Rental Income: $1376 Airbnb ROI: 1.2% Traditional ROI: 3.21%
5382 E SR 162 Santa Claus, IN 5382 E SR 162, Santa Claus, IN 47579 \| Single Family Residential	15 beds \| 16 baths \| 50,762 sq.ft.	$47,900,000	Airbnb cash on cash: -1.8% Traditional cash on cash: -1.73% Airbnb Rental Income: $2646 Traditional Rental Income: $5245 Airbnb ROI: -1.8% Traditional ROI: -1.73%
00 Candy Cane Ln Santa Claus, IN 00 Candy Cane Ln, Santa Claus, IN 47579 \| Other	N/A beds \| N/A baths \| N/A	$40,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.14% Airbnb Rental Income: $null Traditional Rental Income: $431 Airbnb ROI: N/A Traditional ROI: 5.14%
40 W Blue Spruce Dr Santa Claus, IN Start Showing Date: 2/2/2026 Coming Soon! This inviting three-bedroom, two-and-a-half-bath...	3 beds \| 2 baths \| 2,652 sq.ft.	$310,000	Airbnb cash on cash: 0.75% Traditional cash on cash: 6.06% Airbnb Rental Income: $1264 Traditional Rental Income: $2415 Airbnb ROI: 0.75% Traditional ROI: 6.06%

Real Estate investment in Santa-claus, IN

There are 21 properties for sale in the city of Santa Claus . The median list price in Santa Claus is $25,000 and the average price per square foot is $7. In February 2026, the average monthly cash on cash return in Santa Claus is 15.00%. The average monthly rental income in Santa Claus is $780.

Santa-claus, IN Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 21 investment properties available for sale in Santa-claus.

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

The ROI for Short-Term is higher than the Long-Term in Santa-claus with average rental income of $1,264.

Your search for investment property begins and ends here

Investment Property for Sale in Santa Claus, IN

707 W Shepherds Ln

Santa Claus, IN

5 beds | 3 baths | 5,795 sq.ft.

$1,649,500

Airbnb cash on cash: -0.62%

Traditional cash on cash: 0.81%

Airbnb Rental Income: $2646

Traditional Rental Income: $4209

Airbnb ROI: -0.62%

Traditional ROI: 0.81%

238 S Balthazar Dr

Santa Claus, IN

3 beds | 2 baths | 1,853 sq.ft.

$269,900

Airbnb cash on cash: 1.59%

Traditional cash on cash: 4.53%

Airbnb Rental Income: $1264

Traditional Rental Income: $1614

Airbnb ROI: 1.59%

Traditional ROI: 4.53%

502 N New Years Day

Santa Claus, IN

4 beds | 3 baths | 1,914 sq.ft.

$195,000

Airbnb cash on cash: 1.2%

Traditional cash on cash: 8.74%

Airbnb Rental Income: $1028

Traditional Rental Income: $2063

Airbnb ROI: 1.2%

Traditional ROI: 8.74%

32 Hevron Rd

Santa Claus, IN

2 beds | 2 baths | 3,120 sq.ft.

$349,900

Airbnb cash on cash: 0.48%

Traditional cash on cash: 4.73%

Airbnb Rental Income: $1118

Traditional Rental Income: $2139

Airbnb ROI: 0.48%

Traditional ROI: 4.73%

856 S Balthazar Drive

Santa Claus, IN

3 beds | 3 baths | 2,470 sq.ft.

$254,900

Airbnb cash on cash: 0.3%

Traditional cash on cash: 7.47%

Airbnb Rental Income: $1264

Traditional Rental Income: $2589

Airbnb ROI: 0.3%

Traditional ROI: 7.47%

496 W Evergreen Plaza S

Santa Claus, IN

3 beds | 3 baths | 2,202 sq.ft.

$250,000

Airbnb cash on cash: 0.52%

Traditional cash on cash: 6.55%

Airbnb Rental Income: $1264

Traditional Rental Income: $2288

Airbnb ROI: 0.52%

Traditional ROI: 6.55%

1104 S Melody Lane

Santa Claus, IN

3 beds | 4 baths | 2,595 sq.ft.

$360,000

Airbnb cash on cash: 0.47%

Traditional cash on cash: 5.67%

Airbnb Rental Income: $1264

Traditional Rental Income: $2621

Airbnb ROI: 0.47%

Traditional ROI: 5.67%

190 E Candy Cane Ln

Santa Claus, IN

3 beds | 3 baths | 2,940 sq.ft.

$499,900

Airbnb cash on cash: -0.07%

Traditional cash on cash: 3.41%

Airbnb Rental Income: $1264

Traditional Rental Income: $2492

Airbnb ROI: -0.07%