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
2610 Nature View Dr Winona Lake, 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%
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%
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%
728 E Fort Wayne St 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%
3481 N Nancy Dr Leesburg, IN Significant Price Reduction! Immediate possession available with this 5 BR 3.5 bath vinyl ...	5 beds \| 4 baths \| 2,455 sq.ft.	$320,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.97% Airbnb Rental Income: $null Traditional Rental Income: $3057 Airbnb ROI: N/A Traditional ROI: 7.97%
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%
2563 S Woodland Trl 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%
1321 Greencastle Drive Warsaw, IN Self Tours now available! Just scan, register, and tour! As you step through the front doo...	4 beds \| 3 baths \| 1,953 sq.ft.	$303,025	Airbnb cash on cash: 0.73% Traditional cash on cash: 7.02% Airbnb Rental Income: $1259 Traditional Rental Income: $2653 Airbnb ROI: 0.73% Traditional ROI: 7.02%
506 Bay Circle Dr 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%
2927 W 500 N Warsaw, IN Discover the ultimate country retreat with this stunning almost 5,000 sq. ft. custom home,...	4 beds \| 5 baths \| 4,921 sq.ft.	$724,999	Airbnb cash on cash: -0.43% Traditional cash on cash: 5.48% Airbnb Rental Income: $1259 Traditional Rental Income: $4855 Airbnb ROI: -0.43% Traditional ROI: 5.48%
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%
2681 W 150 S Warsaw, IN A gorgeous home on 5.5 acres in Warsaw! If youâve been waiting for a property where the ...	4 beds \| 4 baths \| 3,295 sq.ft.	$649,900	Airbnb cash on cash: -0.36% Traditional cash on cash: 4.45% Airbnb Rental Income: $1259 Traditional Rental Income: $3778 Airbnb ROI: -0.36% Traditional ROI: 4.45%
1223 W 200 S Road Warsaw, IN *Open House! Sunday, Jan 11 from 1-3pm* This well-maintained 2-bedroom, 1-bath ranch ...	2 beds \| 1 baths \| 1,388 sq.ft.	$239,900	Airbnb cash on cash: 2.46% Traditional cash on cash: 4.98% Airbnb Rental Income: $1388 Traditional Rental Income: $1539 Airbnb ROI: 2.46% Traditional ROI: 4.98%
2599 E Robby Dr Winona Lake, IN OPEN HOUSE SUNDAY JANUARY 11th 1-3PM Ready to move into, 3 possible 4 bedroom, 2 bathroo...	3 beds \| 2 baths \| 2,490 sq.ft.	$299,500	Airbnb cash on cash: 2.43% Traditional cash on cash: 6.27% Airbnb Rental Income: $1713 Traditional Rental Income: $2322 Airbnb ROI: 2.43% Traditional ROI: 6.27%
1516 E Jefferson St 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%
3639 S Bruner Rd Burket, 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: 7.69% Airbnb Rental Income: $1388 Traditional Rental Income: $2015 Airbnb ROI: 2.71% Traditional ROI: 7.69%
4014 E 300 N Road Warsaw, IN Charming Country Retreat with Thoughtful Updates! This beautiful country home blends class...	3 beds \| 2 baths \| 1,436 sq.ft.	$305,000	Airbnb cash on cash: 2.74% Traditional cash on cash: 4.94% Airbnb Rental Income: $1713 Traditional Rental Income: $1872 Airbnb ROI: 2.74% Traditional ROI: 4.94%
2137 Bluewater Dr 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%
1674 S Augusta Ln Winona Lake, IN This well-appointed ranch offers 3,028 total square feet of thoughtfully designed living s...	4 beds \| 3 baths \| 3,028 sq.ft.	$425,000	Airbnb cash on cash: 0.36% Traditional cash on cash: 5.16% Airbnb Rental Income: $1259 Traditional Rental Income: $2772 Airbnb ROI: 0.36% Traditional ROI: 5.16%
1820 Michaels St Warsaw, IN Immediate possession available with this professionally remodeled 3 bedroom ranch with att...	3 beds \| 1 baths \| 900 sq.ft.	$202,000	Airbnb cash on cash: 4.65% Traditional cash on cash: 4.77% Airbnb Rental Income: $1713 Traditional Rental Income: $1263 Airbnb ROI: 4.65% Traditional ROI: 4.77%
1310 Saint Mary's Dr Warsaw, IN 4 Bedroom, 1 1/2 Bath, 1113 Sq Ft home, attached 1 car Garage, Fenced in Back yard all lo...	4 beds \| 1 baths \| 1,113 sq.ft.	$178,000	Airbnb cash on cash: 2.61% Traditional cash on cash: 8.13% Airbnb Rental Income: $1259 Traditional Rental Income: $1795 Airbnb ROI: 2.61% Traditional ROI: 8.13%
1501 Dot St Warsaw, IN Charming ranch-style home offering 3 bedrooms and 2 full baths, situated on a rare double ...	3 beds \| 2 baths \| 1,512 sq.ft.	$250,000	Airbnb cash on cash: 2.96% Traditional cash on cash: 5.77% Airbnb Rental Income: $1713 Traditional Rental Income: $1901 Airbnb ROI: 2.96% Traditional ROI: 5.77%
2874 Greenville Ct Warsaw, IN Self Tours now available! Just scan, register, and tour! Welcome to the Bellamy, a beautif...	4 beds \| 2 baths \| 2,053 sq.ft.	$334,900	Airbnb cash on cash: 0.43% Traditional cash on cash: 6.09% Airbnb Rental Income: $1259 Traditional Rental Income: $2690 Airbnb ROI: 0.43% Traditional ROI: 6.09%
106 Ems C30 Ln Warsaw, IN 3 Bedroom Beautiful Home For SALE!! Discover this move-in ready home in the desirable Lak...	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%
217 Ra Mar Dr Warsaw, IN Back On Market at no fault of the seller (pre-approved buyer unable to secure financing). ...	3 beds \| 2 baths \| 1,919 sq.ft.	$208,000	Airbnb cash on cash: 3.78% Traditional cash on cash: 8.74% Airbnb Rental Income: $1713 Traditional Rental Income: $2217 Airbnb ROI: 3.78% Traditional ROI: 8.74%
1963 Pheasant Ridge Dr Warsaw, IN Welcome to Pheasant Ridge--This impressive open-concept home offers nearly 4,500 finished ...	4 beds \| 3 baths \| 4,421 sq.ft.	$485,000	Airbnb cash on cash: -0.43% Traditional cash on cash: 3.56% Airbnb Rental Income: $1259 Traditional Rental Income: $2707 Airbnb ROI: -0.43% Traditional ROI: 3.56%
2008 E Riverside Dr 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: 1.3% Traditional cash on cash: 3.77% Airbnb Rental Income: $1388 Traditional Rental Income: $1723 Airbnb ROI: 1.3% Traditional ROI: 3.77%
1825 Nye St Warsaw, IN Welcome home to 1825 Nye Street in Warsaw, located in the desirable Madison School Distric...	3 beds \| 2 baths \| 1,728 sq.ft.	$234,500	Airbnb cash on cash: 3.46% Traditional cash on cash: 7.62% Airbnb Rental Income: $1713 Traditional Rental Income: $2198 Airbnb ROI: 3.46% Traditional ROI: 7.62%
280 Gilliam Dr Warsaw, IN OPEN HOUSE SUNDAY, FEB 1 FROM 1-3PM!! Welcome to this gorgeous, custom built home situ...	3 beds \| 2 baths \| 3,078 sq.ft.	$445,000	Airbnb cash on cash: -0.06% Traditional cash on cash: 3.46% Airbnb Rental Income: $1713 Traditional Rental Income: $2702 Airbnb ROI: -0.06% Traditional ROI: 3.46%
331 Salman Dr Warsaw, IN Super charming & absolutely gorgeous completely updated (gutted to studs & renovated) ranc...	4 beds \| 3 baths \| 2,846 sq.ft.	$394,900	Airbnb cash on cash: 0.24% Traditional cash on cash: 5.61% Airbnb Rental Income: $1259 Traditional Rental Income: $2849 Airbnb ROI: 0.24% Traditional ROI: 5.61%
1038 W 200 S Warsaw, IN OPEN HOUSE - Sunday - 2/1/2026 - 1-3p This newly renovated home in Warsaw blends moder...	3 beds \| 2 baths \| 2,956 sq.ft.	$349,900	Airbnb cash on cash: 2.06% Traditional cash on cash: 5.31% Airbnb Rental Income: $1713 Traditional Rental Income: $2337 Airbnb ROI: 2.06% Traditional ROI: 5.31%

Real Estate investment in Warsaw, IN

There are 109 properties for sale in the city of Warsaw . The median list price in Warsaw is $299,995 and the average price per square foot is $142. In March 2026, the average monthly cash on cash return in Warsaw is 6.00%. The average monthly rental income in Warsaw is $2,217.

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

There are 109 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 $2,217.

Your search for investment property begins and ends here

Investment Property for Sale in Warsaw, IN

2610 Nature View Dr

Winona Lake, IN

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%

2250 N 350 W

Warsaw, IN

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%

800 E Arthur Street #B4

Warsaw, IN

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%

728 E Fort Wayne St

Warsaw, IN

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%

3481 N Nancy Dr

Leesburg, IN

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

$320,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.97%

Airbnb Rental Income: $null

Traditional Rental Income: $3057

Airbnb ROI: N/A

Traditional ROI: 7.97%

120 Park Ridge Drive

Warsaw, IN

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%

2563 S Woodland Trl

Warsaw, IN

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%

1321 Greencastle Drive

Warsaw, IN

4 beds | 3 baths | 1,953 sq.ft.

$303,025

Airbnb cash on cash: 0.73%

Traditional cash on cash: 7.02%

Airbnb Rental Income: $1259

Traditional Rental Income: $2653

Airbnb ROI: 0.73%