Real Estate Investment Properties for Sale in Shipshewana, IN

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
7820 W 350 N Shipshewana, IN 7820 W 350 N, Shipshewana, IN 46565 \| Single Family Residential	7 beds \| 4 baths \| 4,660 sq.ft.	$559,500	Airbnb cash on cash: -0.18% Traditional cash on cash: 7.08% Airbnb Rental Income: $1384 Traditional Rental Income: $4757 Airbnb ROI: -0.18% Traditional ROI: 7.08%
3950 N 760 West Shipshewana, IN This well maintained 3 bedroom 2 bath home sets on 3 beautiful partially wooded acres in t...	3 beds \| 2 baths \| 1,904 sq.ft.	$739,000	Airbnb cash on cash: -0.09% Traditional cash on cash: 2.28% Airbnb Rental Income: $1305 Traditional Rental Income: $2531 Airbnb ROI: -0.09% Traditional ROI: 2.28%
215 S Easterday Drive Shipshewana, IN OPEN HOUSE THURSDAY 3/26 5-7PM STEPS AWAY FROM WANA-CUP RESTAURANT *Seller encourages b...	3 beds \| 2 baths \| 2,346 sq.ft.	$399,900	Airbnb cash on cash: 0.65% Traditional cash on cash: 5.35% Airbnb Rental Income: $1305 Traditional Rental Income: $2661 Airbnb ROI: 0.65% Traditional ROI: 5.35%
8600 W 250 North Shipshewana, IN AUCTION! Check out this beautiful, updated property located just outside of Shipshewana on...	4 beds \| 4 baths \| 3,712 sq.ft.	$835,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.29% Airbnb Rental Income: $null Traditional Rental Income: $3700 Airbnb ROI: N/A Traditional ROI: 3.29%
7185 N 1150 Rd W Shipshewana, IN 7185 N 1150 St W, Shipshewana, IN 46565 \| Single Family Residential	3 beds \| 2 baths \| 3,240 sq.ft.	$537,900	Airbnb cash on cash: -0.24% Traditional cash on cash: 2.15% Airbnb Rental Income: $1305 Traditional Rental Income: $2100 Airbnb ROI: -0.24% Traditional ROI: 2.15%
3670 W 400 N Shipshewana, IN Due to MULTIPLE OFFERS, we are asking for highest and best by Saturday April 18 by 9 pm. S...	3 beds \| 3 baths \| 3,536 sq.ft.	$449,000	Airbnb cash on cash: 0.6% Traditional cash on cash: 6.21% Airbnb Rental Income: $1305 Traditional Rental Income: $3254 Airbnb ROI: 0.6% Traditional ROI: 6.21%
4845 N 300 W Shipshewana, IN Amazing Lakefront Home for sale on Pigeon Lake in Shipshewana Indiana. This peaceful lake...	4 beds \| 3 baths \| 2,120 sq.ft.	$399,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.22% Airbnb Rental Income: $null Traditional Rental Income: $3241 Airbnb ROI: N/A Traditional ROI: 7.22%
9780 W SR 120 Shipshewana, IN PHONE BID AUCTION ending May 21 at 4pm. OPEN HOUSES April 30, May 7 & 14 from 2-4pm. Updat...	2 beds \| 1 baths \| 2,126 sq.ft.	$295,000	Airbnb cash on cash: 0.1% Traditional cash on cash: 6.41% Airbnb Rental Income: $849 Traditional Rental Income: $2272 Airbnb ROI: 0.1% Traditional ROI: 6.41%
7290 W 350 N Shipshewana, IN Phone bid auction, ending Tuesday, May 19th at 4pm. The price listed is the starting bid, ...	5 beds \| 2 baths \| 3,735 sq.ft.	$525,000	Airbnb cash on cash: 0.41% Traditional cash on cash: 5.83% Airbnb Rental Income: $1384 Traditional Rental Income: $3626 Airbnb ROI: 0.41% Traditional ROI: 5.83%
6780 W 700 N Shipshewana, IN Charming 3-bedroom home nestled in the peaceful rural setting of Shipshewana! This well-ma...	3 beds \| 1 baths \| 1,800 sq.ft.	$199,900	Airbnb cash on cash: 2.66% Traditional cash on cash: 7.9% Airbnb Rental Income: $1305 Traditional Rental Income: $1893 Airbnb ROI: 2.66% Traditional ROI: 7.9%
3440 N 920 W Shipshewana, IN Opportunity awaits on Shipshewana Lake! This one bedroom, one bathroom lake property offer...	1 beds \| 1 baths \| 720 sq.ft.	$139,900	Airbnb cash on cash: 2.04% Traditional cash on cash: 8.16% Airbnb Rental Income: $905 Traditional Rental Income: $1386 Airbnb ROI: 2.04% Traditional ROI: 8.16%
3900 N 400 W Shipshewana, IN * Phone Bid Auction!!!! Ending on May 21st at 4pm. The List Price is NOT the buy it now pr...	3 beds \| 2 baths \| 2,340 sq.ft.	$450,000	Airbnb cash on cash: 0.6% Traditional cash on cash: 4.19% Airbnb Rental Income: $1305 Traditional Rental Income: $2410 Airbnb ROI: 0.6% Traditional ROI: 4.19%
7285 W 350 N Shipshewana, IN Phone bid auction ending Thursday, June 4th at 4pm. The price listed is the starting bid, ...	3 beds \| 3 baths \| 2,247 sq.ft.	$375,000	Airbnb cash on cash: 0.96% Traditional cash on cash: 6.64% Airbnb Rental Income: $1305 Traditional Rental Income: $2895 Airbnb ROI: 0.96% Traditional ROI: 6.64%
1235 Yorkshire Dr Shipshewana, IN Donât miss this spacious, open-concept home with soaring cathedral ceilings in the heart...	5 beds \| 3 baths \| 3,341 sq.ft.	$479,900	Airbnb cash on cash: 0.07% Traditional cash on cash: 6.44% Airbnb Rental Income: $1384 Traditional Rental Income: $3823 Airbnb ROI: 0.07% Traditional ROI: 6.44%

Real Estate investment in Shipshewana, IN

There are 14 properties for sale in the city of Shipshewana . The median list price in Shipshewana is $449,000 and the average price per square foot is $166. In May 2026, the average monthly cash on cash return in Shipshewana is 6.00%. The average monthly rental income in Shipshewana is $2,778.

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

There are 14 investment properties available for sale in Shipshewana.

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

The ROI for Long-Term is higher than the Short-Term in Shipshewana with average rental income of $2,778.

Your search for investment property begins and ends here

Investment Property for Sale in Shipshewana, IN

7820 W 350 N

Shipshewana, IN

7 beds | 4 baths | 4,660 sq.ft.

$559,500

Airbnb cash on cash: -0.18%

Traditional cash on cash: 7.08%

Airbnb Rental Income: $1384

Traditional Rental Income: $4757

Airbnb ROI: -0.18%

Traditional ROI: 7.08%

3950 N 760 West

Shipshewana, IN

3 beds | 2 baths | 1,904 sq.ft.

$739,000

Airbnb cash on cash: -0.09%

Traditional cash on cash: 2.28%

Airbnb Rental Income: $1305

Traditional Rental Income: $2531

Airbnb ROI: -0.09%

Traditional ROI: 2.28%

215 S Easterday Drive

Shipshewana, IN

3 beds | 2 baths | 2,346 sq.ft.

$399,900

Airbnb cash on cash: 0.65%

Traditional cash on cash: 5.35%

Airbnb Rental Income: $1305

Traditional Rental Income: $2661

Airbnb ROI: 0.65%

Traditional ROI: 5.35%

8600 W 250 North

Shipshewana, IN

4 beds | 4 baths | 3,712 sq.ft.

$835,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.29%

Airbnb Rental Income: $null

Traditional Rental Income: $3700

Airbnb ROI: N/A

Traditional ROI: 3.29%

7185 N 1150 Rd W

Shipshewana, IN

3 beds | 2 baths | 3,240 sq.ft.

$537,900

Airbnb cash on cash: -0.24%

Traditional cash on cash: 2.15%

Airbnb Rental Income: $1305

Traditional Rental Income: $2100

Airbnb ROI: -0.24%

Traditional ROI: 2.15%

3670 W 400 N

Shipshewana, IN

3 beds | 3 baths | 3,536 sq.ft.

$449,000

Airbnb cash on cash: 0.6%

Traditional cash on cash: 6.21%

Airbnb Rental Income: $1305

Traditional Rental Income: $3254

Airbnb ROI: 0.6%

Traditional ROI: 6.21%

4845 N 300 W

Shipshewana, IN

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

$399,900

Airbnb cash on cash: N/A

Traditional cash on cash: 7.22%

Airbnb Rental Income: $null

Traditional Rental Income: $3241

Airbnb ROI: N/A

Traditional ROI: 7.22%

9780 W SR 120

Shipshewana, IN

2 beds | 1 baths | 2,126 sq.ft.

$295,000

Airbnb cash on cash: 0.1%

Traditional cash on cash: 6.41%

Airbnb Rental Income: $849

Traditional Rental Income: $2272

Airbnb ROI: 0.1%