Real Estate Investment Properties for Sale in Warsaw, IN

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

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

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
106 N Buffalo Street #202 Warsaw, IN Here is your opportunity to own a beautiful piece of historic downtown Warsaw! This one be...	1 beds \| 1 baths \| 968 sq.ft.	$187,000	Airbnb cash on cash: 0.41% Traditional cash on cash: 0.15% Airbnb Rental Income: $1357 Traditional Rental Income: $896 Airbnb ROI: 0.41% Traditional ROI: 0.15%
1218 S Honeybee Court Warsaw, IN Beautiful, spacious, with lots of light. Front entrance opens to high ceilings in a great ...	4 beds \| 6 baths \| 4,364 sq.ft.	$619,000	Airbnb cash on cash: -0.56% Traditional cash on cash: 7.04% Airbnb Rental Income: $1259 Traditional Rental Income: $5253 Airbnb ROI: -0.56% Traditional ROI: 7.04%
1827 Sharon Street Warsaw, IN Back on the market at no fault of the sellers. Welcome to this well-maintained 3 bedroom, ...	3 beds \| 1 baths \| 900 sq.ft.	$170,000	Airbnb cash on cash: 5% Traditional cash on cash: 5.47% Airbnb Rental Income: $1713 Traditional Rental Income: $1315 Airbnb ROI: 5% Traditional ROI: 5.47%
31 EMS C16 Lane Warsaw, IN Get-away on Big Chapman Lake (all-sport lake, one of the cleanest in the state).Â Updated...	2 beds \| 1 baths \| 715 sq.ft.	$369,900	Airbnb cash on cash: 0.67% Traditional cash on cash: 1.67% Airbnb Rental Income: $1388 Traditional Rental Income: $1313 Airbnb ROI: 0.67% Traditional ROI: 1.67%
4 EMS B64 Lane Warsaw, IN Calling all investors and DIYersâopportunity knocks at 4 EMS B64 Lane in Warsaw! This 2-...	2 beds \| 1 baths \| 659 sq.ft.	$87,000	Airbnb cash on cash: 9.08% Traditional cash on cash: 9.01% Airbnb Rental Income: $1388 Traditional Rental Income: $962 Airbnb ROI: 9.08% Traditional ROI: 9.01%
1732 S Country Club Road Warsaw, IN Updated one story is in move-in ready condition. Two bedrooms, one full bath with walk in...	2 beds \| 1 baths \| 864 sq.ft.	$169,000	Airbnb cash on cash: 3.9% Traditional cash on cash: 5.14% Airbnb Rental Income: $1388 Traditional Rental Income: $1168 Airbnb ROI: 3.9% Traditional ROI: 5.14%
3481 N Nancy Drive Warsaw, IN Significant Price Reduction! Immediate possession available with this 5 BR 3.5 bath vinyl ...	5 beds \| 4 baths \| 2,455 sq.ft.	$328,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.76% Airbnb Rental Income: $null Traditional Rental Income: $3057 Airbnb ROI: N/A Traditional ROI: 7.76%
2137 Bluewater Drive Warsaw, IN EXTREMELY MOTIVATED SELLERS!!! Lake life at its best in this beautiful brick ranch! Featu...	3 beds \| 2 baths \| 1,856 sq.ft.	$329,900	Airbnb cash on cash: 1.75% Traditional cash on cash: 5.99% Airbnb Rental Income: $1713 Traditional Rental Income: $2553 Airbnb ROI: 1.75% Traditional ROI: 5.99%
2563 S Woodland Trail Warsaw, IN Ready to move into condition, 3 bedroom, 2 1/2 bathroom, 1486 sq.ft. home with full unfini...	3 beds \| 3 baths \| 1,486 sq.ft.	$259,000	Airbnb cash on cash: 3.09% Traditional cash on cash: 6.58% Airbnb Rental Income: $1713 Traditional Rental Income: $2091 Airbnb ROI: 3.09% Traditional ROI: 6.58%
2146 Lindenwood Avenue Warsaw, IN PARK RIDGE ADDN - One of the best layouts available for a home is now available! This ki...	3 beds \| 2 baths \| 1,348 sq.ft.	$259,900	Airbnb cash on cash: 2.72% Traditional cash on cash: 5.33% Airbnb Rental Income: $1713 Traditional Rental Income: $1878 Airbnb ROI: 2.72% Traditional ROI: 5.33%
3639 S Bruner Road Warsaw, IN Lake front home located on Palestine lake. Property features 89 feet of lake frontage, dou...	2 beds \| 2 baths \| 1,376 sq.ft.	$222,000	Airbnb cash on cash: 2.71% Traditional cash on cash: 5.03% Airbnb Rental Income: $1388 Traditional Rental Income: $1456 Airbnb ROI: 2.71% Traditional ROI: 5.03%
280 Gilliam Drive Warsaw, IN OPEN HOUSE SATURDAY, JAN 17 FROM 1-3PM Welcome to this gorgeous, custom built home sit...	3 beds \| 2 baths \| 3,078 sq.ft.	$455,000	Airbnb cash on cash: -0.08% Traditional cash on cash: 0.27% Airbnb Rental Income: $1713 Traditional Rental Income: $1388 Airbnb ROI: -0.08% Traditional ROI: 0.27%
708 E Center Street Warsaw, IN This home is located just minutes from downtown Warsaw and is not far from US 30 and SR 15...	3 beds \| 2 baths \| 1,908 sq.ft.	$214,900	Airbnb cash on cash: 3.47% Traditional cash on cash: 5.86% Airbnb Rental Income: $1713 Traditional Rental Income: $1725 Airbnb ROI: 3.47% Traditional ROI: 5.86%
1324 Copeland Street Warsaw, IN OPEN HOUSE CANCELLED TO DUE ACCEPTED OFFER Welcome to this beautiful, fully updated ra...	3 beds \| 2 baths \| 1,995 sq.ft.	$264,900	Airbnb cash on cash: 2.85% Traditional cash on cash: 6.71% Airbnb Rental Income: $1713 Traditional Rental Income: $2203 Airbnb ROI: 2.85% Traditional ROI: 6.71%
1516 E Jefferson Street Warsaw, IN OPEN HOUSE Monday Jan 12th 4pm-6pm Step inside this move-in-ready charmer located in the...	3 beds \| 1 baths \| 1,471 sq.ft.	$210,000	Airbnb cash on cash: 3.83% Traditional cash on cash: 4.85% Airbnb Rental Income: $1713 Traditional Rental Income: $1443 Airbnb ROI: 3.83% Traditional ROI: 4.85%
2250 N 350 W Warsaw, IN Back on market at no fault of the seller. Appraisal and home inspection completed. Immedia...	4 beds \| 3 baths \| 4,332 sq.ft.	$535,000	Airbnb cash on cash: 0.06% Traditional cash on cash: 4.05% Airbnb Rental Income: $1259 Traditional Rental Income: $2858 Airbnb ROI: 0.06% Traditional ROI: 4.05%
2610 Nature View Drive Warsaw, IN This spacious home offers over 3500 sq. ft. of comfortable living and is being sold as a S...	4 beds \| 4 baths \| 2,198 sq.ft.	$330,000	Airbnb cash on cash: 0.3% Traditional cash on cash: 4.6% Airbnb Rental Income: $1259 Traditional Rental Income: $2194 Airbnb ROI: 0.3% Traditional ROI: 4.6%
518 N Park Avenue Warsaw, IN Excellent opportunity for both investors and first-time homebuyers! This 960 sq. ft. home ...	2 beds \| 1 baths \| 960 sq.ft.	$124,900	Airbnb cash on cash: 5.65% Traditional cash on cash: 5.12% Airbnb Rental Income: $1388 Traditional Rental Income: $904 Airbnb ROI: 5.65% Traditional ROI: 5.12%
513 W Porter Street Warsaw, IN Don't miss out on this 3 bedroom 1 bath home that is located within walking distance to th...	3 beds \| 1 baths \| 1,294 sq.ft.	$139,000	Airbnb cash on cash: 6.22% Traditional cash on cash: 6.43% Airbnb Rental Income: $1713 Traditional Rental Income: $1266 Airbnb ROI: 6.22% Traditional ROI: 6.43%
1506 E Jefferson Street Warsaw, IN This delightful home is a cozy retreat and is ideal for those seeking the comfort of a sta...	1 beds \| 1 baths \| 600 sq.ft.	$149,900	Airbnb cash on cash: 4.08% Traditional cash on cash: 3.01% Airbnb Rental Income: $1357 Traditional Rental Income: $789 Airbnb ROI: 4.08% Traditional ROI: 3.01%
1409 E Center Street Warsaw, IN Step into comfort and convenience with this charming 4-bedroom, 1-bath home in the heart o...	4 beds \| 1 baths \| 824 sq.ft.	$174,900	Airbnb cash on cash: 2.46% Traditional cash on cash: 4.59% Airbnb Rental Income: $1259 Traditional Rental Income: $1215 Airbnb ROI: 2.46% Traditional ROI: 4.59%
1403 Lakeview Boulevard Warsaw, IN Seems Like Country! Extra Large double lot .64 acre Home has Lots of updates, Five bedroom...	5 beds \| 2 baths \| 2,160 sq.ft.	$299,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.43% Airbnb Rental Income: $null Traditional Rental Income: $2092 Airbnb ROI: N/A Traditional ROI: 5.43%
2983 N Murphy Lane Warsaw, IN Newly updated home with spacious yard, water views and lake access on desirable Hoffman La...	3 beds \| 1 baths \| 1,430 sq.ft.	$309,900	Airbnb cash on cash: 2.64% Traditional cash on cash: 3.94% Airbnb Rental Income: $1713 Traditional Rental Income: $1618 Airbnb ROI: 2.64% Traditional ROI: 3.94%
800 E Arthur Street #B4 Warsaw, IN This delightful 2-bedroom, 2-bath ground-floor residence offers an unbeatable combination ...	2 beds \| 2 baths \| 978 sq.ft.	$189,000	Airbnb cash on cash: 0.62% Traditional cash on cash: 4.38% Airbnb Rental Income: $1388 Traditional Rental Income: $1644 Airbnb ROI: 0.62% Traditional ROI: 4.38%
506 Bay Circle Drive Warsaw, IN Enjoy this 3 bedroom, 2.5 bath home with spacious floor plan with beautiful PIKE LAKE VIEW...	3 beds \| 3 baths \| 1,964 sq.ft.	$299,995	Airbnb cash on cash: 1.81% Traditional cash on cash: 7.17% Airbnb Rental Income: $1713 Traditional Rental Income: $2751 Airbnb ROI: 1.81% Traditional ROI: 7.17%
5708 N Old SR 15 Warsaw, IN Charming Remodeled Farmhouse on 1.5 Acres â Country Living Minutes from Town! Experience...	4 beds \| 3 baths \| 2,152 sq.ft.	$328,900	Airbnb cash on cash: 1.2% Traditional cash on cash: 7.58% Airbnb Rental Income: $1259 Traditional Rental Income: $2834 Airbnb ROI: 1.2% Traditional ROI: 7.58%
2880 Greenacre Court Warsaw, IN Self Tours now available! Just scan, register, and tour! Welcome to Greenbrier, a vibrant ...	4 beds \| 3 baths \| 1,510 sq.ft.	$289,900	Airbnb cash on cash: 1.39% Traditional cash on cash: 7.06% Airbnb Rental Income: $1259 Traditional Rental Income: $2408 Airbnb ROI: 1.39% Traditional ROI: 7.06%
800 E Arthur Street #I1 Warsaw, IN *MOTIVATED SELLER* Low-maintenance living with access to Pike Lake at this 2 bedroom, ...	2 beds \| 2 baths \| 928 sq.ft.	$209,500	Airbnb cash on cash: 1.74% Traditional cash on cash: 5.16% Airbnb Rental Income: $1388 Traditional Rental Income: $1647 Airbnb ROI: 1.74% Traditional ROI: 5.16%
1825 & 1875 W Winona Avenue Warsaw, IN Developerâs Dream â 48+ Acres with Pond, Homes, and Outbuildings all within city limit...	4 beds \| 2 baths \| 3,097 sq.ft.	$3,000,000	Airbnb cash on cash: -0.8% Traditional cash on cash: -0.22% Airbnb Rental Income: $1259 Traditional Rental Income: $2472 Airbnb ROI: -0.8% Traditional ROI: -0.22%
1388 S Honeybee Court Warsaw, IN Welcome to this stunning gem in Summer Field Estates â where style meets comfort and eve...	4 beds \| 4 baths \| 2,432 sq.ft.	$449,000	Airbnb cash on cash: -0.05% Traditional cash on cash: 5.77% Airbnb Rental Income: $1259 Traditional Rental Income: $3307 Airbnb ROI: -0.05% Traditional ROI: 5.77%
728 E Fort Wayne Street Warsaw, IN Significant Price Reduction! Immediate possession available with this professionally remod...	4 beds \| 2 baths \| 2,132 sq.ft.	$303,000	Airbnb cash on cash: 0.85% Traditional cash on cash: 6.31% Airbnb Rental Income: $1259 Traditional Rental Income: $2418 Airbnb ROI: 0.85% Traditional ROI: 6.31%
415 S Buffalo Street Warsaw, IN Where Historic Charm and Everyday Elegance Align. Timeless character meets refined comfort...	3 beds \| 1 baths \| 1,788 sq.ft.	$167,000	Airbnb cash on cash: 5.58% Traditional cash on cash: 7.12% Airbnb Rental Income: $1713 Traditional Rental Income: $1484 Airbnb ROI: 5.58% Traditional ROI: 7.12%
2027 Dausha Court Warsaw, IN A rare chance to own a stand-alone home in Tigerâs Retreat - no age restrictions! This g...	3 beds \| 2 baths \| 1,270 sq.ft.	$265,000	Airbnb cash on cash: 2.23% Traditional cash on cash: 4.45% Airbnb Rental Income: $1713 Traditional Rental Income: $1794 Airbnb ROI: 2.23% Traditional ROI: 4.45%
120 Park Ridge Drive Warsaw, IN Welcome home to Park Ridge! Built by Granite Ridge Builders offers just the right blend of...	3 beds \| 3 baths \| 1,557 sq.ft.	$278,000	Airbnb cash on cash: 2.39% Traditional cash on cash: 5.95% Airbnb Rental Income: $1713 Traditional Rental Income: $2172 Airbnb ROI: 2.39% Traditional ROI: 5.95%
717 E Market Street Warsaw, IN Motivated seller! Charming 3-bed, 2-bath home located within Warsaw city limits, just a fe...	3 beds \| 2 baths \| 1,534 sq.ft.	$174,900	Airbnb cash on cash: 5.29% Traditional cash on cash: 9.28% Airbnb Rental Income: $1713 Traditional Rental Income: $1903 Airbnb ROI: 5.29% Traditional ROI: 9.28%
2645 Nature View Drive Warsaw, IN This is an opportunity to bring your custom home to life and be part of the building proce...	4 beds \| 4 baths \| 2,459 sq.ft.	$475,000	Airbnb cash on cash: 0.72% Traditional cash on cash: 6.01% Airbnb Rental Income: $1259 Traditional Rental Income: $3212 Airbnb ROI: 0.72% Traditional ROI: 6.01%
TBD Dresdin Drive #15 Warsaw, IN This is an opportunity to bring your custom home to life and be part of the building proce...	4 beds \| 3 baths \| 2,459 sq.ft.	$499,000	Airbnb cash on cash: -0.02% Traditional cash on cash: 4.38% Airbnb Rental Income: $1259 Traditional Rental Income: $2917 Airbnb ROI: -0.02% Traditional ROI: 4.38%
106 EMS C30 Lane Warsaw, IN Motivated Sellers - Discover this move-in ready home in the desirable Lake Forest neighb...	3 beds \| 3 baths \| 2,574 sq.ft.	$350,000	Airbnb cash on cash: 2% Traditional cash on cash: 6.4% Airbnb Rental Income: $1713 Traditional Rental Income: $2685 Airbnb ROI: 2% Traditional ROI: 6.4%
1038 W 200 S Warsaw, IN OPEN HOUSE - Sunday - 1/18/2026 - 1-3p This newly renovated home in Warsaw blends mode...	3 beds \| 2 baths \| 2,956 sq.ft.	$369,900	Airbnb cash on cash: 1.98% Traditional cash on cash: 5.14% Airbnb Rental Income: $1713 Traditional Rental Income: $2337 Airbnb ROI: 1.98% Traditional ROI: 5.14%
2858 Greenville Court Warsaw, IN This 3-bedroom, 2-bathroom home spans 1,498 square feet and is built for flexibility and c...	3 beds \| 2 baths \| 1,498 sq.ft.	$317,770	Airbnb cash on cash: 2.5% Traditional cash on cash: 5.52% Airbnb Rental Income: $1713 Traditional Rental Income: $2142 Airbnb ROI: 2.5% Traditional ROI: 5.52%

Real Estate investment in Warsaw, IN

There are 69 properties for sale in the city of Warsaw . The median list price in Warsaw is $299,748 and the average price per square foot is $169. In January 2026, the average monthly cash on cash return in Warsaw is 6.00%. The average monthly rental income in Warsaw is $1,954.

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

There are 69 investment properties available for sale in Warsaw.

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

The ROI for Long-Term is higher than the Short-Term in Warsaw with average rental income of $1,954.

Your search for investment property begins and ends here

Investment Property for Sale in Warsaw, IN

106 N Buffalo Street #202

Warsaw, IN

1 beds | 1 baths | 968 sq.ft.

$187,000

Airbnb cash on cash: 0.41%

Traditional cash on cash: 0.15%

Airbnb Rental Income: $1357

Traditional Rental Income: $896

Airbnb ROI: 0.41%

Traditional ROI: 0.15%

1218 S Honeybee Court

Warsaw, IN

4 beds | 6 baths | 4,364 sq.ft.

$619,000

Airbnb cash on cash: -0.56%

Traditional cash on cash: 7.04%

Airbnb Rental Income: $1259

Traditional Rental Income: $5253

Airbnb ROI: -0.56%

Traditional ROI: 7.04%

1827 Sharon Street

Warsaw, IN

3 beds | 1 baths | 900 sq.ft.

$170,000

Airbnb cash on cash: 5%

Traditional cash on cash: 5.47%

Airbnb Rental Income: $1713

Traditional Rental Income: $1315

Airbnb ROI: 5%

Traditional ROI: 5.47%

31 EMS C16 Lane

Warsaw, IN

2 beds | 1 baths | 715 sq.ft.

$369,900

Airbnb cash on cash: 0.67%

Traditional cash on cash: 1.67%

Airbnb Rental Income: $1388

Traditional Rental Income: $1313

Airbnb ROI: 0.67%

Traditional ROI: 1.67%

4 EMS B64 Lane

Warsaw, IN

2 beds | 1 baths | 659 sq.ft.

$87,000

Airbnb cash on cash: 9.08%

Traditional cash on cash: 9.01%

Airbnb Rental Income: $1388

Traditional Rental Income: $962

Airbnb ROI: 9.08%

Traditional ROI: 9.01%

1732 S Country Club Road

Warsaw, IN

2 beds | 1 baths | 864 sq.ft.

$169,000

Airbnb cash on cash: 3.9%

Traditional cash on cash: 5.14%

Airbnb Rental Income: $1388

Traditional Rental Income: $1168

Airbnb ROI: 3.9%

Traditional ROI: 5.14%

3481 N Nancy Drive

Warsaw, IN

5 beds | 4 baths | 2,455 sq.ft.

$328,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.76%

Airbnb Rental Income: $null

Traditional Rental Income: $3057

Airbnb ROI: N/A

Traditional ROI: 7.76%

2137 Bluewater Drive

Warsaw, IN

3 beds | 2 baths | 1,856 sq.ft.

$329,900

Airbnb cash on cash: 1.75%

Traditional cash on cash: 5.99%

Airbnb Rental Income: $1713

Traditional Rental Income: $2553

Airbnb ROI: 1.75%