Real Estate Investment Properties for Sale in Winona Lake, IN

Looking for investment property in Winona Lake, IN with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1313 Tuscany Xing Winona Lake, IN Built by Skyline Builders in just 2021, this beautifully designed home offers nearly 2,000...	3 beds \| 2 baths \| 1,938 sq.ft.	$389,900	Airbnb cash on cash: 0.96% Traditional cash on cash: 4.64% Airbnb Rental Income: $1556 Traditional Rental Income: $2453 Airbnb ROI: 0.96% Traditional ROI: 4.64%
905 Esplanade St Winona Lake, IN Welcome to Winona Lake, a celebrated all-sports lake known for its vibrant cultural scene,...	4 beds \| 4 baths \| 4,592 sq.ft.	$2,300,000	Airbnb cash on cash: -0.93% Traditional cash on cash: 0.2% Airbnb Rental Income: $2528 Traditional Rental Income: $4324 Airbnb ROI: -0.93% Traditional ROI: 0.2%
3066 E Rocky Way Winona Lake, IN Welcome to this like-new, quality-built Majestic Builders home, built in 2022, in the high...	3 beds \| 2 baths \| 1,945 sq.ft.	$419,000	Airbnb cash on cash: 0.29% Traditional cash on cash: 3.72% Airbnb Rental Income: $1556 Traditional Rental Income: $2454 Airbnb ROI: 0.29% Traditional ROI: 3.72%
3173 E Rocky Way Winona Lake, IN Welcome to your summer retreat at Raccoon Run in beautiful Winona Lake. This brand-new, 2,...	3 beds \| 2 baths \| 2,033 sq.ft.	$464,900	Airbnb cash on cash: 0.73% Traditional cash on cash: 3.85% Airbnb Rental Income: $1556 Traditional Rental Income: $2468 Airbnb ROI: 0.73% Traditional ROI: 3.85%
3202 E Rocky Way Winona Lake, IN NEW CONSTRUCTION VILLA in Raccoon Run. This thoughtfully designed Ryder floor plan offers ...	3 beds \| 2 baths \| 2,025 sq.ft.	$429,910	Airbnb cash on cash: 1.11% Traditional cash on cash: 4.49% Airbnb Rental Income: $1556 Traditional Rental Income: $2468 Airbnb ROI: 1.11% Traditional ROI: 4.49%
3136 E Rocky Way Winona Lake, IN Raccoon Run, Cottage Series hosts the Misty Morning Floor Plan. This exciting new subdivis...	3 beds \| 2 baths \| 1,854 sq.ft.	$424,900	Airbnb cash on cash: -0.07% Traditional cash on cash: 3.11% Airbnb Rental Income: $1556 Traditional Rental Income: $2374 Airbnb ROI: -0.07% Traditional ROI: 3.11%
2904 Sharon Streets Winona Lake, IN Ready to move in one story home located in Winona Lake. Property features almost Â½ acre l...	4 beds \| 2 baths \| 1,992 sq.ft.	$289,900	Airbnb cash on cash: 4.17% Traditional cash on cash: 5.61% Airbnb Rental Income: $2528 Traditional Rental Income: $2311 Airbnb ROI: 4.17% Traditional ROI: 5.61%
564 E Pink Magnolia Drive Winona Lake, IN Rare find! Recent major improvements have been completed on this 3 BD/2 BA, 1,946 sq. ft. ...	3 beds \| 2 baths \| 1,946 sq.ft.	$292,000	Airbnb cash on cash: 2.01% Traditional cash on cash: 5.93% Airbnb Rental Income: $1556 Traditional Rental Income: $2184 Airbnb ROI: 2.01% Traditional ROI: 5.93%
2704 Huffman Street Winona Lake, IN FIRST TIME OFFERED FOR SALE! Original owners hate to leave this home but circumstances ma...	3 beds \| 2 baths \| 2,100 sq.ft.	$289,900	Airbnb cash on cash: 2.03% Traditional cash on cash: 6.39% Airbnb Rental Income: $1556 Traditional Rental Income: $2299 Airbnb ROI: 2.03% Traditional ROI: 6.39%
3050 E Rocky Way Way Winona Lake, IN Enjoy maintenance-free living in one of Winona Lakeâs most desirable locations. Located ...	3 beds \| 2 baths \| 1,775 sq.ft.	$389,900	Airbnb cash on cash: 0.49% Traditional cash on cash: 3.8% Airbnb Rental Income: $1556 Traditional Rental Income: $2320 Airbnb ROI: 0.49% Traditional ROI: 3.8%
TBD Lot #85 in Lamp Post Manor Estates Rd Winona Lake, IN Donât miss this rare chance to build your dream home in the established Lamp Post Manor ...	3 beds \| 2 baths \| 1,497 sq.ft.	$455,100	Airbnb cash on cash: 0.54% Traditional cash on cash: 2.87% Airbnb Rental Income: $1556 Traditional Rental Income: $2099 Airbnb ROI: 0.54% Traditional ROI: 2.87%
TBD Lot #88 in Lamp Post Manor Estates Rd Winona Lake, IN Donât miss this rare chance to build your dream home in the established Lamp Post Manor ...	3 beds \| 2 baths \| 1,800 sq.ft.	$552,600	Airbnb cash on cash: 0.12% Traditional cash on cash: 2.9% Airbnb Rental Income: $1556 Traditional Rental Income: $2543 Airbnb ROI: 0.12% Traditional ROI: 2.9%
1309 Tuscany Crossing Winona Lake, IN Welcome to this well-maintained home located in the desirable Tuscany Crossing neighborhoo...	3 beds \| 2 baths \| 1,648 sq.ft.	$354,900	Airbnb cash on cash: 0.46% Traditional cash on cash: 3.74% Airbnb Rental Income: $1556 Traditional Rental Income: $2200 Airbnb ROI: 0.46% Traditional ROI: 3.74%
2817 E Prestwick Rd Winona Lake, IN Welcome home to timeless elegance and effortless living in this beautifully maintained bri...	4 beds \| 4 baths \| 4,324 sq.ft.	$530,000	Airbnb cash on cash: 1.82% Traditional cash on cash: 7.78% Airbnb Rental Income: $2528 Traditional Rental Income: $4874 Airbnb ROI: 1.82% Traditional ROI: 7.78%
1305 Wooster Road Winona Lake, IN Set on 10.42 private, mostly wooded acres in desirable Winona Lake, this spacious two-stor...	5 beds \| 4 baths \| 3,070 sq.ft.	$440,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.36% Airbnb Rental Income: $null Traditional Rental Income: $3463 Airbnb ROI: N/A Traditional ROI: 6.36%
1402 Sunset Drive Winona Lake, IN Welcome to Winona Lake! This move-in ready home offers the perfect mix of comfort, locatio...	3 beds \| 2 baths \| 1,616 sq.ft.	$255,000	Airbnb cash on cash: 2.02% Traditional cash on cash: 5.53% Airbnb Rental Income: $1556 Traditional Rental Income: $1953 Airbnb ROI: 2.02% Traditional ROI: 5.53%
2404 E Winona Ave #3 Winona Lake, IN Beautiful condo unit on 2nd floor with expansive views of Winona Lake. Enjoy the exterior...	2 beds \| 1 baths \| 1,175 sq.ft.	$330,000	Airbnb cash on cash: -0.83% Traditional cash on cash: 0.86% Airbnb Rental Income: $1394 Traditional Rental Income: $1497 Airbnb ROI: -0.83% Traditional ROI: 0.86%
2314 Winona Avenue Winona Lake, IN Pristine lakefront, maintenance-free living awaits in this exceptional Winona Lake condomi...	2 beds \| 4 baths \| 3,113 sq.ft.	$1,150,000	Airbnb cash on cash: -1.78% Traditional cash on cash: 0.96% Airbnb Rental Income: $1394 Traditional Rental Income: $3906 Airbnb ROI: -1.78% Traditional ROI: 0.96%

Real Estate investment in Winona-lake, IN

There are 22 properties for sale in the city of Winona Lake . The median list price in Winona Lake is $421,950 and the average price per square foot is $188. In April 2026, the average monthly cash on cash return in Winona Lake is 4.00%. The average monthly rental income in Winona Lake is $2,414.

Winona-lake, IN Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 22 investment properties available for sale in Winona-lake.

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

The ROI for Long-Term is higher than the Short-Term in Winona-lake with average rental income of $2,414.

Your search for investment property begins and ends here

Investment Property for Sale in Winona Lake, IN

1313 Tuscany Xing

Winona Lake, IN

3 beds | 2 baths | 1,938 sq.ft.

$389,900

Airbnb cash on cash: 0.96%

Traditional cash on cash: 4.64%

Airbnb Rental Income: $1556

Traditional Rental Income: $2453

Airbnb ROI: 0.96%

Traditional ROI: 4.64%

905 Esplanade St

Winona Lake, IN

4 beds | 4 baths | 4,592 sq.ft.

$2,300,000

Airbnb cash on cash: -0.93%

Traditional cash on cash: 0.2%

Airbnb Rental Income: $2528

Traditional Rental Income: $4324

Airbnb ROI: -0.93%

Traditional ROI: 0.2%

3066 E Rocky Way

Winona Lake, IN

3 beds | 2 baths | 1,945 sq.ft.

$419,000

Airbnb cash on cash: 0.29%

Traditional cash on cash: 3.72%

Airbnb Rental Income: $1556

Traditional Rental Income: $2454

Airbnb ROI: 0.29%

Traditional ROI: 3.72%

3173 E Rocky Way

Winona Lake, IN

3 beds | 2 baths | 2,033 sq.ft.

$464,900

Airbnb cash on cash: 0.73%

Traditional cash on cash: 3.85%

Airbnb Rental Income: $1556

Traditional Rental Income: $2468

Airbnb ROI: 0.73%

Traditional ROI: 3.85%

3202 E Rocky Way

Winona Lake, IN

3 beds | 2 baths | 2,025 sq.ft.

$429,910

Airbnb cash on cash: 1.11%

Traditional cash on cash: 4.49%

Airbnb Rental Income: $1556

Traditional Rental Income: $2468

Airbnb ROI: 1.11%

Traditional ROI: 4.49%

3136 E Rocky Way

Winona Lake, IN

3 beds | 2 baths | 1,854 sq.ft.

$424,900

Airbnb cash on cash: -0.07%

Traditional cash on cash: 3.11%

Airbnb Rental Income: $1556

Traditional Rental Income: $2374

Airbnb ROI: -0.07%

Traditional ROI: 3.11%

2904 Sharon Streets

Winona Lake, IN

4 beds | 2 baths | 1,992 sq.ft.

$289,900

Airbnb cash on cash: 4.17%

Traditional cash on cash: 5.61%

Airbnb Rental Income: $2528

Traditional Rental Income: $2311

Airbnb ROI: 4.17%

Traditional ROI: 5.61%

564 E Pink Magnolia Drive

Winona Lake, IN

3 beds | 2 baths | 1,946 sq.ft.

$292,000

Airbnb cash on cash: 2.01%

Traditional cash on cash: 5.93%

Airbnb Rental Income: $1556

Traditional Rental Income: $2184

Airbnb ROI: 2.01%