Real Estate Investment Properties for Sale in Wawaka, IN

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
5323 W Diamond Lake Road Wawaka, IN Enjoy lakefront living on peaceful Diamond Lake! This charming 3-bedroom, 1-bath home offe...	3 beds \| 1 baths \| 1,150 sq.ft.	$220,000	Airbnb cash on cash: 1.52% Traditional cash on cash: 7.36% Airbnb Rental Income: $1072 Traditional Rental Income: $1920 Airbnb ROI: 1.52% Traditional ROI: 7.36%
0175 Frantz Drive Wawaka, IN Open House Saturday, August 30th from 1:00 PM to 3:00 PM Move right in and enjoy summer ...	1 beds \| 1 baths \| 559 sq.ft.	$299,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.7% Airbnb Rental Income: $null Traditional Rental Income: $1192 Airbnb ROI: N/A Traditional ROI: 2.7%
7513 N Albion Street Wawaka, IN This 3 bedroom home sits on a large corner lot and would make a great starter home or add ...	3 beds \| 1 baths \| 1,359 sq.ft.	$155,000	Airbnb cash on cash: 2.93% Traditional cash on cash: 11.13% Airbnb Rental Income: $1072 Traditional Rental Income: $1919 Airbnb ROI: 2.93% Traditional ROI: 11.13%
Investment Properties for Sale in Other Cities of Indiana
824 E Minnesota Street Indianapolis , IN This home screams modern charm! Welcome to this updated 4 bedroom, 2 bath home in Bates-He...	4 beds \| 2 baths \| 2,122 sq.ft.	$370,000	Airbnb cash on cash: 2.59% Traditional cash on cash: 5.01% Airbnb Rental Income: $1941 Traditional Rental Income: $2267 Airbnb ROI: 2.59% Traditional ROI: 5.01%
5633 Newhall Place Indianapolis , IN Nestled at 5633 Newhall PL, INDIANAPOLIS, IN, this single-family residence in Marion Count...	4 beds \| 3 baths \| 2,842 sq.ft.	$360,000	Airbnb cash on cash: 1.94% Traditional cash on cash: 5.9% Airbnb Rental Income: $1765 Traditional Rental Income: $2621 Airbnb ROI: 1.94% Traditional ROI: 5.9%
206 N Beville Avenue Indianapolis , IN Be the first to live in this fully renovated 5 bed 3 bath home nestled near the heart of d...	5 beds \| 3 baths \| 2,850 sq.ft.	$295,000	Airbnb cash on cash: 4.73% Traditional cash on cash: 7.95% Airbnb Rental Income: $2528 Traditional Rental Income: $2814 Airbnb ROI: 4.73% Traditional ROI: 7.95%
1444 E Elbert Street Indianapolis , IN Discover the perfect blend of charm and convenience at 1444 E Elbert Street. This inviting...	2 beds \| 1 baths \| 912 sq.ft.	$199,900	Airbnb cash on cash: 1.76% Traditional cash on cash: 3.37% Airbnb Rental Income: $1290 Traditional Rental Income: $1193 Airbnb ROI: 1.76% Traditional ROI: 3.37%
4111 W Peachtree Lane Muncie , IN Welcome to this charming 3 bed, 2 bath ranch-style home featuring a beautifully refinished...	3 beds \| 2 baths \| 1,806 sq.ft.	$249,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.97% Airbnb Rental Income: $null Traditional Rental Income: $2097 Airbnb ROI: N/A Traditional ROI: 6.97%
350 N Meridian Street #505 Indianapolis , IN Nestled at 350 N Meridian St Unit 505 in the historic Indianapolis Athletic Club Lofts, th...	1 beds \| 2 baths \| 801 sq.ft.	$219,900	Airbnb cash on cash: 1.09% Traditional cash on cash: -0.16% Airbnb Rental Income: $1851 Traditional Rental Income: $1092 Airbnb ROI: 1.09% Traditional ROI: -0.16%
7314 S Willowbrook Drive Lowell , IN Welcome to this charming ranch in Lowell - a perfect starter home or a comfortable option ...	3 beds \| 1 baths \| 960 sq.ft.	$249,900	Airbnb cash on cash: 5.67% Traditional cash on cash: 4.5% Airbnb Rental Income: $2413 Traditional Rental Income: $1547 Airbnb ROI: 5.67% Traditional ROI: 4.5%
212 Timrick Drive Munster , IN Beautiful 3 Bed, 3 Bath Ranch in the Heart of Munster! Welcome to this charming and spacio...	3 beds \| 3 baths \| 3,396 sq.ft.	$384,900	Airbnb cash on cash: -0.38% Traditional cash on cash: 3.51% Airbnb Rental Income: $1668 Traditional Rental Income: $2606 Airbnb ROI: -0.38% Traditional ROI: 3.51%
1413 S New Jersey Street Indianapolis , IN Here's a super charming 2 bed 2 bath house on the best street in the heart of Bates-Hendri...	2 beds \| 2 baths \| 882 sq.ft.	$235,000	Airbnb cash on cash: 3.86% Traditional cash on cash: 3.6% Airbnb Rental Income: $1859 Traditional Rental Income: $1302 Airbnb ROI: 3.86% Traditional ROI: 3.6%
2250 N Capitol Avenue Indianapolis , IN Come check out this amazingly beautiful, very spacious and totally renovated house that wi...	4 beds \| 3 baths \| 2,751 sq.ft.	$474,000	Airbnb cash on cash: 1.53% Traditional cash on cash: 3.7% Airbnb Rental Income: $2133 Traditional Rental Income: $2552 Airbnb ROI: 1.53% Traditional ROI: 3.7%
1009 N Park Avenue Indianapolis , IN Discover unparalleled city living in this sophisticated 2-bedroom, 2.5-bathroom residence,...	2 beds \| 3 baths \| 1,502 sq.ft.	$439,900	Airbnb cash on cash: 1.03% Traditional cash on cash: 3.52% Airbnb Rental Income: $1852 Traditional Rental Income: $2381 Airbnb ROI: 1.03% Traditional ROI: 3.52%
1624 Fletcher Avenue Indianapolis , IN Live your best new era in this quintessential Fountain Square home. The 2 bed/2 full bath ...	2 beds \| 2 baths \| 1,630 sq.ft.	$299,900	Airbnb cash on cash: 2.25% Traditional cash on cash: 4.19% Airbnb Rental Income: $1725 Traditional Rental Income: $1796 Airbnb ROI: 2.25% Traditional ROI: 4.19%
1321 Brookton Court Indianapolis , IN This home could be featured on a show on HGTV. It is a true before and after. It is bette...	3 beds \| 2 baths \| 1,583 sq.ft.	$339,900	Airbnb cash on cash: 2.48% Traditional cash on cash: 3.69% Airbnb Rental Income: $1995 Traditional Rental Income: $1859 Airbnb ROI: 2.48% Traditional ROI: 3.69%
6336 Green Leaves Road Indianapolis , IN Welcome to this charming all-brick ranch in the desirable Devonshire neighborhood of Washi...	3 beds \| 2 baths \| 2,006 sq.ft.	$359,900	Airbnb cash on cash: 3.81% Traditional cash on cash: 5.06% Airbnb Rental Income: $2478 Traditional Rental Income: $2299 Airbnb ROI: 3.81% Traditional ROI: 5.06%
450 E Ohio Street #118 Indianapolis , IN Discover the ultimate urban lifestyle at The Packard! This lovely condo is everything you'...	2 beds \| 3 baths \| 1,711 sq.ft.	$399,000	Airbnb cash on cash: -1.23% Traditional cash on cash: 1.55% Airbnb Rental Income: $1852 Traditional Rental Income: $2395 Airbnb ROI: -1.23% Traditional ROI: 1.55%

Real Estate investment in Wawaka, IN

There are 3 properties for sale in the city of Wawaka . The median list price in Wawaka is $220,000 and the average price per square foot is $215. In September 2025, the average monthly cash on cash return in Wawaka is 7.00%. The average monthly rental income in Wawaka is $1,919.

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

There are 3 investment properties available for sale in Wawaka.

In 2025, the best neighborhood to buy investment property is Wawaka.

The ROI for Long-Term is higher than the Short-Term in Wawaka with average rental income of $1,919.

Your search for investment property begins and ends here

Investment Property for Sale in Wawaka, IN

5323 W Diamond Lake Road

Wawaka, IN

3 beds | 1 baths | 1,150 sq.ft.

$220,000

Airbnb cash on cash: 1.52%

Traditional cash on cash: 7.36%

Airbnb Rental Income: $1072

Traditional Rental Income: $1920

Airbnb ROI: 1.52%

Traditional ROI: 7.36%

0175 Frantz Drive

Wawaka, IN

1 beds | 1 baths | 559 sq.ft.

$299,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.7%

Airbnb Rental Income: $null

Traditional Rental Income: $1192

Airbnb ROI: N/A

Traditional ROI: 2.7%

7513 N Albion Street

Wawaka, IN

3 beds | 1 baths | 1,359 sq.ft.

$155,000

Airbnb cash on cash: 2.93%

Traditional cash on cash: 11.13%

Airbnb Rental Income: $1072

Traditional Rental Income: $1919

Airbnb ROI: 2.93%

Traditional ROI: 11.13%

Investment Properties for Sale in Other Cities of Indiana

Indianapolis , IN

4 beds | 2 baths | 2,122 sq.ft.

$370,000

Airbnb cash on cash: 2.59%

Traditional cash on cash: 5.01%

Airbnb Rental Income: $1941

Traditional Rental Income: $2267

Airbnb ROI: 2.59%

Traditional ROI: 5.01%

Indianapolis , IN

4 beds | 3 baths | 2,842 sq.ft.

$360,000

Airbnb cash on cash: 1.94%

Traditional cash on cash: 5.9%

Airbnb Rental Income: $1765

Traditional Rental Income: $2621

Airbnb ROI: 1.94%

Traditional ROI: 5.9%

Indianapolis , IN

5 beds | 3 baths | 2,850 sq.ft.

$295,000

Airbnb cash on cash: 4.73%

Traditional cash on cash: 7.95%

Airbnb Rental Income: $2528

Traditional Rental Income: $2814

Airbnb ROI: 4.73%

Traditional ROI: 7.95%

Indianapolis , IN

2 beds | 1 baths | 912 sq.ft.

$199,900

Airbnb cash on cash: 1.76%

Traditional cash on cash: 3.37%

Airbnb Rental Income: $1290

Traditional Rental Income: $1193

Airbnb ROI: 1.76%

Traditional ROI: 3.37%

Muncie , IN

3 beds | 2 baths | 1,806 sq.ft.

$249,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.97%

Airbnb Rental Income: $null

Traditional Rental Income: $2097

Airbnb ROI: N/A

Traditional ROI: 6.97%

Indianapolis , IN

1 beds | 2 baths | 801 sq.ft.

$219,900