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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1963 Pheasant Ridge Drive Warsaw, IN Welcome to Pheasant Ridge--This impressive open-concept home offers nearly 4,500 finished ...	4 beds \| 3 baths \| 4,421 sq.ft.	$465,000	Airbnb cash on cash: -0.45% Traditional cash on cash: 3.85% Airbnb Rental Income: $1230 Traditional Rental Income: $2707 Airbnb ROI: -0.45% Traditional ROI: 3.85%
3825 W Old Road 30 Warsaw, IN Peaceful country living meets modern updates on nearly 4 beautiful acres! This fully renov...	4 beds \| 2 baths \| 1,896 sq.ft.	$399,999	Airbnb cash on cash: 0.6% Traditional cash on cash: 5.29% Airbnb Rental Income: $1230 Traditional Rental Income: $2597 Airbnb ROI: 0.6% Traditional ROI: 5.29%
1007 Chapman Lake Drive Warsaw, IN OPEN HOUSE -SAT, JUNE 27, 1:00-3:00 pm Exceptionally well maintained 2 story Big Chapman L...	2 beds \| 3 baths \| 1,402 sq.ft.	$525,000	Airbnb cash on cash: 0.7% Traditional cash on cash: 2.71% Airbnb Rental Income: $1820 Traditional Rental Income: $2312 Airbnb ROI: 0.7% Traditional ROI: 2.71%
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.	$343,000	Airbnb cash on cash: 0.18% Traditional cash on cash: 4.39% Airbnb Rental Income: $1230 Traditional Rental Income: $2194 Airbnb ROI: 0.18% Traditional ROI: 4.39%
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.	$139,000	Airbnb cash on cash: 7.43% Traditional cash on cash: 8.69% Airbnb Rental Income: $1805 Traditional Rental Income: $1484 Airbnb ROI: 7.43% Traditional ROI: 8.69%
1323 W 200 S Warsaw, IN Welcome to this totally awesome sprawling 4-bedroom, 3-full-bathroom brick ranch, perfectl...	4 beds \| 3 baths \| 2,646 sq.ft.	$339,900	Airbnb cash on cash: 0.64% Traditional cash on cash: 7.29% Airbnb Rental Income: $1230 Traditional Rental Income: $2960 Airbnb ROI: 0.64% Traditional ROI: 7.29%
2228 E Market Street Warsaw, IN Great opportunity in Warsaw for an investor, renovation buyer, or owner-occupant willing t...	3 beds \| 2 baths \| 1,728 sq.ft.	$190,000	Airbnb cash on cash: 4.86% Traditional cash on cash: 8.1% Airbnb Rental Income: $1805 Traditional Rental Income: $1901 Airbnb ROI: 4.86% Traditional ROI: 8.1%
2008 E Riverside Drive Warsaw, IN Rare three-parcel riverfront offering on the Tippecanoe River, sold together as one packag...	2 beds \| 1 baths \| 1,253 sq.ft.	$309,900	Airbnb cash on cash: 2.64% Traditional cash on cash: 4% Airbnb Rental Income: $1820 Traditional Rental Income: $1723 Airbnb ROI: 2.64% Traditional ROI: 4%
150 Wagon Wheel Drive Warsaw, IN Experience your dream home with Granite Ridge Builders at 150 Wagon Wheel Drive, nestled i...	3 beds \| 2 baths \| 1,775 sq.ft.	$439,900	Airbnb cash on cash: 0.26% Traditional cash on cash: 1.01% Airbnb Rental Income: $1805 Traditional Rental Income: $1627 Airbnb ROI: 0.26% Traditional ROI: 1.01%
1884 S Packerton Road Warsaw, IN Contingent Offer, Accepting Back-up Offers. Move-In Ready, Spacious Ranch Home on 2.5 acre...	4 beds \| 3 baths \| 3,194 sq.ft.	$439,000	Airbnb cash on cash: 0.22% Traditional cash on cash: 5.85% Airbnb Rental Income: $1230 Traditional Rental Income: $3149 Airbnb ROI: 0.22% Traditional ROI: 5.85%
33 EMS B61I1 Lane Warsaw, IN Welcome to Irish Lake! Are you ready to enjoy life on the Barbee Chain? Make this 3 Bedroo...	3 beds \| 2 baths \| 1,628 sq.ft.	$435,000	Airbnb cash on cash: 1.66% Traditional cash on cash: 3.71% Airbnb Rental Income: $1805 Traditional Rental Income: $2149 Airbnb ROI: 1.66% Traditional ROI: 3.71%
17 EMS C19c Lane Warsaw, IN Back on the market at no fault of the seller. Experience lake living at its finest in this...	4 beds \| 3 baths \| 2,265 sq.ft.	$690,000	Airbnb cash on cash: -0.38% Traditional cash on cash: 3.27% Airbnb Rental Income: $1230 Traditional Rental Income: $3185 Airbnb ROI: -0.38% Traditional ROI: 3.27%
22 EMS B36B2 Lane Warsaw, IN Why buy someone else's project when you can buy a home where everything is brand new and t...	1 beds \| 1 baths \| 544 sq.ft.	$155,000	Airbnb cash on cash: 2.12% Traditional cash on cash: 5.41% Airbnb Rental Income: $973 Traditional Rental Income: $1110 Airbnb ROI: 2.12% Traditional ROI: 5.41%
2344 S Old Ditch Road Warsaw, IN Start Showing Date: 6/25/2026 Welcome to this spacious 4,123 sq. ft. home situated on a 0....	3 beds \| 3 baths \| 4,123 sq.ft.	$475,000	Airbnb cash on cash: 1.16% Traditional cash on cash: 3.69% Airbnb Rental Income: $1805 Traditional Rental Income: $2437 Airbnb ROI: 1.16% Traditional ROI: 3.69%
110 Longrifle Road Warsaw, IN Welcome to Park Ridge South. The open great room boasts three large picture windows. The ...	4 beds \| 3 baths \| 1,800 sq.ft.	$369,900	Airbnb cash on cash: -0.89% Traditional cash on cash: 4.33% Airbnb Rental Income: $1230 Traditional Rental Income: $2648 Airbnb ROI: -0.89% Traditional ROI: 4.33%
2136 Chapman Lake Drive Warsaw, IN Welcome to this charming 2-bedroom home located near beautiful Chapman Lake! This property...	2 beds \| 1 baths \| 1,360 sq.ft.	$255,000	Airbnb cash on cash: 3.74% Traditional cash on cash: 4.49% Airbnb Rental Income: $1820 Traditional Rental Income: $1509 Airbnb ROI: 3.74% Traditional ROI: 4.49%
574 S Circle Drive Warsaw, IN Escape to Your Own Private Retreat â Without Leaving Convenience Behind Nestled in a ser...	4 beds \| 3 baths \| 2,828 sq.ft.	$318,000	Airbnb cash on cash: 0.86% Traditional cash on cash: 7.9% Airbnb Rental Income: $1230 Traditional Rental Income: $2942 Airbnb ROI: 0.86% Traditional ROI: 7.9%
1332 Country Club Terrace Warsaw, IN Fall in love with 80 feet of pristine shoreline on one of Winona Lakeâs most desirable s...	3 beds \| 4 baths \| 3,518 sq.ft.	$1,579,000	Airbnb cash on cash: -0.77% Traditional cash on cash: -0.29% Airbnb Rental Income: $1805 Traditional Rental Income: $2023 Airbnb ROI: -0.77% Traditional ROI: -0.29%
130 Longrifle Road Warsaw, IN Welcome to this new home by Granite Ridge Builders in Park Ridge South. The open great roo...	4 beds \| 3 baths \| 1,643 sq.ft.	$359,900	Airbnb cash on cash: -0.78% Traditional cash on cash: 3.74% Airbnb Rental Income: $1230 Traditional Rental Income: $2365 Airbnb ROI: -0.78% Traditional ROI: 3.74%
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: 0.01% Traditional cash on cash: 4.05% Airbnb Rental Income: $1230 Traditional Rental Income: $2858 Airbnb ROI: 0.01% Traditional ROI: 4.05%
1501 Fisher Avenue Warsaw, IN Stunning Stately Home on 9.8 Acres! Featuring an elevator, finished walk-out basement and ...	4 beds \| 6 baths \| 7,072 sq.ft.	$699,000	Airbnb cash on cash: -2.07% Traditional cash on cash: 6.76% Airbnb Rental Income: $1230 Traditional Rental Income: $6596 Airbnb ROI: -2.07% Traditional ROI: 6.76%
703 Ross Avenue Warsaw, IN Price Reduced! Immediate possession available with this brick and stone sided 3 bedroom 2 ...	3 beds \| 2 baths \| 1,732 sq.ft.	$363,000	Airbnb cash on cash: 1.81% Traditional cash on cash: 5% Airbnb Rental Income: $1805 Traditional Rental Income: $2401 Airbnb ROI: 1.81% Traditional ROI: 5%
806 Lydia Drive Warsaw, IN Welcome to this beautiful 4 bedroom, potentially 5 bedroom, 5 bath home located in one of ...	4 beds \| 5 baths \| 3,060 sq.ft.	$369,900	Airbnb cash on cash: 0.26% Traditional cash on cash: 10.72% Airbnb Rental Income: $1230 Traditional Rental Income: $4467 Airbnb ROI: 0.26% Traditional ROI: 10.72%
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 \| 1,408 sq.ft.	$165,000	Airbnb cash on cash: 2.5% Traditional cash on cash: 4.91% Airbnb Rental Income: $1230 Traditional Rental Income: $1215 Airbnb ROI: 2.5% Traditional ROI: 4.91%
3990 E Kings Pass Warsaw, IN Like brand new, 1 1/2 year old custom built home in the Belle Augusta subdivision convenie...	4 beds \| 3 baths \| 1,828 sq.ft.	$389,000	Airbnb cash on cash: 0.94% Traditional cash on cash: 5.73% Airbnb Rental Income: $1230 Traditional Rental Income: $2582 Airbnb ROI: 0.94% Traditional ROI: 5.73%
717 N Park Street Warsaw, IN Brand new roof as of 5-22-26 . Updated photos soon to come. Freshly renovated home directl...	2 beds \| 1 baths \| 723 sq.ft.	$135,000	Airbnb cash on cash: 7.36% Traditional cash on cash: 4.69% Airbnb Rental Income: $1820 Traditional Rental Income: $981 Airbnb ROI: 7.36% Traditional ROI: 4.69%
3496 S SR 15 Road Warsaw, IN A Sun-Drenched Executive Retreat: Vibrant Summer Living on 11 Private Acres Presented as t...	3 beds \| 4 baths \| 5,634 sq.ft.	$995,000	Airbnb cash on cash: -0.48% Traditional cash on cash: 1.4% Airbnb Rental Income: $1805 Traditional Rental Income: $3057 Airbnb ROI: -0.48% Traditional ROI: 1.4%
4715 W 200 South Road Warsaw, IN 19 Acres close to Warsaw with woods, trails & room for farm animals. Newer 72x50 insulat...	4 beds \| 3 baths \| 4,112 sq.ft.	$774,900	Airbnb cash on cash: -0.52% Traditional cash on cash: 2.2% Airbnb Rental Income: $1230 Traditional Rental Income: $2796 Airbnb ROI: -0.52% Traditional ROI: 2.2%
1200 Greenbrier Boulevard Warsaw, IN Welcome to this stunning, well maintained one-owner home that offers a perfect blend of co...	3 beds \| 2 baths \| 1,495 sq.ft.	$315,000	Airbnb cash on cash: 2.18% Traditional cash on cash: 4.94% Airbnb Rental Income: $1805 Traditional Rental Income: $2132 Airbnb ROI: 2.18% Traditional ROI: 4.94%
246 N Beechwood Street Warsaw, IN This charming all-brick ranch home would love to have you as it's new owner! Spend your mo...	3 beds \| 2 baths \| 1,437 sq.ft.	$289,900	Airbnb cash on cash: 3.26% Traditional cash on cash: 5.36% Airbnb Rental Income: $1805 Traditional Rental Income: $1888 Airbnb ROI: 3.26% Traditional ROI: 5.36%
1910 Deer Trail Warsaw, IN Located in the desirable Rolling Hills subdivision, this solid all brick home offers excep...	3 beds \| 4 baths \| 4,995 sq.ft.	$469,900	Airbnb cash on cash: 0.61% Traditional cash on cash: 1.66% Airbnb Rental Income: $1805 Traditional Rental Income: $1776 Airbnb ROI: 0.61% Traditional ROI: 1.66%
820 Lydia Drive Warsaw, IN Back on the market at no fault to seller. Welcome home to this spacious and beautifully ma...	4 beds \| 3 baths \| 2,276 sq.ft.	$320,000	Airbnb cash on cash: 0.52% Traditional cash on cash: 6.74% Airbnb Rental Income: $1230 Traditional Rental Income: $2706 Airbnb ROI: 0.52% Traditional ROI: 6.74%
729 E Main Street Warsaw, IN Recently updated home on Main st. in Warsaw on a full unfinished basement! All new interio...	2 beds \| 1 baths \| 1,136 sq.ft.	$194,900	Airbnb cash on cash: 4.32% Traditional cash on cash: 4.54% Airbnb Rental Income: $1820 Traditional Rental Income: $1367 Airbnb ROI: 4.32% Traditional ROI: 4.54%
2873 Greenville Court Warsaw, IN Welcome to 2873 Greenville Court in Greenbrier, a beautifully designed two-story home with...	4 beds \| 3 baths \| 2,053 sq.ft.	$339,420	Airbnb cash on cash: 1.01% Traditional cash on cash: 7.15% Airbnb Rental Income: $1230 Traditional Rental Income: $2796 Airbnb ROI: 1.01% Traditional ROI: 7.15%
2204 Bluewater Drive Warsaw, IN Now with a NEW roof!! Love the water? Get ready to embrace the laid-back lake lifestyle ...	4 beds \| 2 baths \| 2,446 sq.ft.	$399,000	Airbnb cash on cash: -0.07% Traditional cash on cash: 5.03% Airbnb Rental Income: $1230 Traditional Rental Income: $2741 Airbnb ROI: -0.07% Traditional ROI: 5.03%
2867 Greenville Court Warsaw, IN Welcome to 2867 Greenville Court in Warsaw, a stunning new home in Greenbrier. This single...	4 beds \| 2 baths \| 1,771 sq.ft.	$351,845	Airbnb cash on cash: 0.94% Traditional cash on cash: 5.7% Airbnb Rental Income: $1230 Traditional Rental Income: $2410 Airbnb ROI: 0.94% Traditional ROI: 5.7%
56 N Superior Avenue Warsaw, IN One of the most sought after locations is now offering a home for sale with abundant space...	4 beds \| 4 baths \| 3,679 sq.ft.	$475,000	Airbnb cash on cash: -0.29% Traditional cash on cash: 6% Airbnb Rental Income: $1230 Traditional Rental Income: $3633 Airbnb ROI: -0.29% Traditional ROI: 6%
1441 Greencastle Drive Warsaw, IN Step inside 1441 Greencastle Drive, a modern new construction home in Warsaw, Indiana. Thi...	4 beds \| 3 baths \| 1,953 sq.ft.	$302,905	Airbnb cash on cash: 0.64% Traditional cash on cash: 7.09% Airbnb Rental Income: $1230 Traditional Rental Income: $2674 Airbnb ROI: 0.64% Traditional ROI: 7.09%
1461 Greencastle Drive Warsaw, IN 1461 Greencastle Drive offers a well-balanced two-story design that combines open-concept ...	3 beds \| 3 baths \| 1,657 sq.ft.	$290,030	Airbnb cash on cash: 2.51% Traditional cash on cash: 6.36% Airbnb Rental Income: $1805 Traditional Rental Income: $2368 Airbnb ROI: 2.51% Traditional ROI: 6.36%
88 Ems C29a Lane Warsaw, IN Lake life with an affordable price tag! Located on the channel of Big Chapman Lake, this 4...	4 beds \| 2 baths \| 1,904 sq.ft.	$365,000	Airbnb cash on cash: 0.59% Traditional cash on cash: 5.8% Airbnb Rental Income: $1230 Traditional Rental Income: $2621 Airbnb ROI: 0.59% Traditional ROI: 5.8%

Real Estate investment in Warsaw, IN

There are 89 properties for sale in the city of Warsaw . The median list price in Warsaw is $241,875 and the average price per square foot is $102. In June 2026, the average monthly cash on cash return in Warsaw is 5.00%. The average monthly rental income in Warsaw is $2,410.

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

There are 89 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 $2,410.

Your search for investment property begins and ends here

Investment Property for Sale in Warsaw, IN

1963 Pheasant Ridge Drive

Warsaw, IN

4 beds | 3 baths | 4,421 sq.ft.

$465,000

Airbnb cash on cash: -0.45%

Traditional cash on cash: 3.85%

Airbnb Rental Income: $1230

Traditional Rental Income: $2707

Airbnb ROI: -0.45%

Traditional ROI: 3.85%

3825 W Old Road 30

Warsaw, IN

4 beds | 2 baths | 1,896 sq.ft.

$399,999

Airbnb cash on cash: 0.6%

Traditional cash on cash: 5.29%

Airbnb Rental Income: $1230

Traditional Rental Income: $2597

Airbnb ROI: 0.6%

Traditional ROI: 5.29%

1007 Chapman Lake Drive

Warsaw, IN

2 beds | 3 baths | 1,402 sq.ft.

$525,000

Airbnb cash on cash: 0.7%

Traditional cash on cash: 2.71%

Airbnb Rental Income: $1820

Traditional Rental Income: $2312

Airbnb ROI: 0.7%

Traditional ROI: 2.71%

2610 Nature View Drive

Warsaw, IN

4 beds | 4 baths | 2,198 sq.ft.

$343,000

Airbnb cash on cash: 0.18%

Traditional cash on cash: 4.39%

Airbnb Rental Income: $1230

Traditional Rental Income: $2194

Airbnb ROI: 0.18%

Traditional ROI: 4.39%

415 S Buffalo Street

Warsaw, IN

3 beds | 1 baths | 1,788 sq.ft.

$139,000

Airbnb cash on cash: 7.43%

Traditional cash on cash: 8.69%

Airbnb Rental Income: $1805

Traditional Rental Income: $1484

Airbnb ROI: 7.43%

Traditional ROI: 8.69%

1323 W 200 S

Warsaw, IN

4 beds | 3 baths | 2,646 sq.ft.

$339,900

Airbnb cash on cash: 0.64%

Traditional cash on cash: 7.29%

Airbnb Rental Income: $1230

Traditional Rental Income: $2960

Airbnb ROI: 0.64%

Traditional ROI: 7.29%

2228 E Market Street

Warsaw, IN

3 beds | 2 baths | 1,728 sq.ft.

$190,000

Airbnb cash on cash: 4.86%

Traditional cash on cash: 8.1%

Airbnb Rental Income: $1805

Traditional Rental Income: $1901

Airbnb ROI: 4.86%

Traditional ROI: 8.1%

2008 E Riverside Drive

Warsaw, IN

2 beds | 1 baths | 1,253 sq.ft.

$309,900

Airbnb cash on cash: 2.64%

Traditional cash on cash: 4%

Airbnb Rental Income: $1820

Traditional Rental Income: $1723

Airbnb ROI: 2.64%