Real Estate Investment Properties for Sale in Mcpherson, KS

Looking for investment property in Mcpherson, KS with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
114 N Olivette St McPherson, KS Perfect as a family home or a high-potential rental property, this move-in-ready 2 bed, 2 ...	2 beds \| 2 baths \| 1,552 sq.ft.	$135,000	Airbnb cash on cash: 0.8% Traditional cash on cash: 10.02% Airbnb Rental Income: $849 Traditional Rental Income: $1715 Airbnb ROI: 0.8% Traditional ROI: 10.02%
600 N Oak St McPherson, KS Take a look at this charming bungalow that perfectly blends character with modern updates!...	2 beds \| 1 baths \| 1,252 sq.ft.	$138,500	Airbnb cash on cash: 0.8% Traditional cash on cash: 7.93% Airbnb Rental Income: $849 Traditional Rental Income: $1466 Airbnb ROI: 0.8% Traditional ROI: 7.93%
721 S Elm St McPherson, KS Welcome to this nicely built 4 bedroom, 3 bath home featuring impressive living space and ...	4 beds \| 3 baths \| 1,992 sq.ft.	$250,000	Airbnb cash on cash: 1.95% Traditional cash on cash: 6.71% Airbnb Rental Income: $1540 Traditional Rental Income: $2219 Airbnb ROI: 1.95% Traditional ROI: 6.71%
501 N Ash St McPherson, KS This charming home has lots of space for the money! Built in 1880, this was one of the fir...	4 beds \| 2 baths \| 1,560 sq.ft.	$149,900	Airbnb cash on cash: 4.69% Traditional cash on cash: 9.74% Airbnb Rental Income: $1540 Traditional Rental Income: $1819 Airbnb ROI: 4.69% Traditional ROI: 9.74%
607 E Simpson St McPherson, KS NEW PRICE! Don't miss out! Great home. Nice 3 bedroom 1 bathroom home. Garage was converte...	3 beds \| 1 baths \| 1,045 sq.ft.	$135,000	Airbnb cash on cash: 1.62% Traditional cash on cash: 7.13% Airbnb Rental Income: $998 Traditional Rental Income: $1358 Airbnb ROI: 1.62% Traditional ROI: 7.13%
1232 E Hulse St McPherson, KS Take a look at this move-in-ready 3-bedroom, 2-bath home that has been beautifully updated...	3 beds \| 2 baths \| 2,080 sq.ft.	$259,900	Airbnb cash on cash: -0.14% Traditional cash on cash: 3.99% Airbnb Rental Income: $998 Traditional Rental Income: $1658 Airbnb ROI: -0.14% Traditional ROI: 3.99%
1101 S Elm St McPherson, KS Welcome to this charming 3-bedroom, 1-bath ranch situated on a spacious, tree-lined lot th...	3 beds \| 1 baths \| 1,120 sq.ft.	$165,900	Airbnb cash on cash: 1.26% Traditional cash on cash: 4.57% Airbnb Rental Income: $998 Traditional Rental Income: $1167 Airbnb ROI: 1.26% Traditional ROI: 4.57%
1651 Sonora Dr McPherson, KS Now is the time for adding those finishing touches on this new construction home. You will...	3 beds \| 2 baths \| 1,588 sq.ft.	$519,900	Airbnb cash on cash: -1.32% Traditional cash on cash: 1.97% Airbnb Rental Income: $998 Traditional Rental Income: $2240 Airbnb ROI: -1.32% Traditional ROI: 1.97%
941 Veranda Cir McPherson, KS Stunning home built in 2025, that's located in the Veranda 55+ community. Welcome to this ...	2 beds \| 2 baths \| 1,872 sq.ft.	$425,000	Airbnb cash on cash: -0.63% Traditional cash on cash: 3.75% Airbnb Rental Income: $849 Traditional Rental Income: $2260 Airbnb ROI: -0.63% Traditional ROI: 3.75%
1402 N Grimes McPherson, KS Better than new! This is a great home with plenty of space inside and out to entertain and...	3 beds \| 2 baths \| 1,924 sq.ft.	$298,900	Airbnb cash on cash: 0.09% Traditional cash on cash: 5.11% Airbnb Rental Income: $998 Traditional Rental Income: $2058 Airbnb ROI: 0.09% Traditional ROI: 5.11%
1221 Genesis Dr McPherson, KS Stunning New Construction.....even better than brand new! \| Built in 2024 This beautifully...	4 beds \| 3 baths \| 3,427 sq.ft.	$485,000	Airbnb cash on cash: -0.18% Traditional cash on cash: 2.31% Airbnb Rental Income: $1540 Traditional Rental Income: $2224 Airbnb ROI: -0.18% Traditional ROI: 2.31%
1659 Sonora Dr McPherson, KS Welcome to this stunning, unique spec home located in the desirable area of Eagles Wings A...	3 beds \| 3 baths \| 2,698 sq.ft.	$579,900	Airbnb cash on cash: -1.78% Traditional cash on cash: 1.86% Airbnb Rental Income: $998 Traditional Rental Income: $2617 Airbnb ROI: -1.78% Traditional ROI: 1.86%
526 E Euclid St McPherson, KS This home is absolutely beautiful! 4 bedrooms, 2.5 baths. All 4 bedrooms are all together ...	4 beds \| 3 baths \| 2,973 sq.ft.	$254,900	Airbnb cash on cash: 1.71% Traditional cash on cash: 9.6% Airbnb Rental Income: $1540 Traditional Rental Income: $2995 Airbnb ROI: 1.71% Traditional ROI: 9.6%
1025 Spring Creek Rd McPherson, KS This new construction 3 bedroom, 2 bath is built on a slab, features a 2 car garage and sa...	4 beds \| 2 baths \| 1,622 sq.ft.	$267,900	Airbnb cash on cash: 2.91% Traditional cash on cash: 6.6% Airbnb Rental Income: $1540 Traditional Rental Income: $2026 Airbnb ROI: 2.91% Traditional ROI: 6.6%
1032 Spring Creek Rd McPherson, KS This new construction 3 bedroom, 2 bath is built on a slab, features a 2 car garage and sa...	4 beds \| 2 baths \| 1,622 sq.ft.	$267,900	Airbnb cash on cash: 2.91% Traditional cash on cash: 6.66% Airbnb Rental Income: $1540 Traditional Rental Income: $2040 Airbnb ROI: 2.91% Traditional ROI: 6.66%
1020 Spring Creek Rd McPherson, KS This new construction 4 bedroom, 2 bath is built on a slab, features a 2 car garage and sa...	4 beds \| 2 baths \| 1,601 sq.ft.	$265,600	Airbnb cash on cash: 2.95% Traditional cash on cash: 6.72% Airbnb Rental Income: $1540 Traditional Rental Income: $2040 Airbnb ROI: 2.95% Traditional ROI: 6.72%
1224 Countryside Dr McPherson, KS Great opportunity for a multigenerational living on a large comer lot. The main home of th...	4 beds \| 4 baths \| 3,392 sq.ft.	$335,000	Airbnb cash on cash: 0.15% Traditional cash on cash: 7.95% Airbnb Rental Income: $1540 Traditional Rental Income: $3550 Airbnb ROI: 0.15% Traditional ROI: 7.95%
701 South Chestnut St McPherson, KS Looking for small town living? Great opportunity for sweat equity in this 2 bedroom, 1 bat...	2 beds \| 1 baths \| 1,104 sq.ft.	$95,000	Airbnb cash on cash: 1.61% Traditional cash on cash: 10.9% Airbnb Rental Income: $849 Traditional Rental Income: $1379 Airbnb ROI: 1.61% Traditional ROI: 10.9%
509 Dull Knife St McPherson, KS This beautifully maintained 4 bedroom, 3 bath, all electric home truly reflects pride of o...	4 beds \| 3 baths \| 2,724 sq.ft.	$312,500	Airbnb cash on cash: 0.6% Traditional cash on cash: 3.72% Airbnb Rental Income: $1540 Traditional Rental Income: $2014 Airbnb ROI: 0.6% Traditional ROI: 3.72%
1410 Curtiss Dr McPherson, KS New Price!!! Sellers need to be closer to family!!! Owners' pride is evident in this bette...	3 beds \| 2 baths \| 1,222 sq.ft.	$215,000	Airbnb cash on cash: -0.95% Traditional cash on cash: 3.65% Airbnb Rental Income: $998 Traditional Rental Income: $1580 Airbnb ROI: -0.95% Traditional ROI: 3.65%
806 N Wheeler St McPherson, KS This cozy single-family home, built in 1940, offers a blend of simplicity and comfort in a...	2 beds \| 1 baths \| 896 sq.ft.	$169,500	Airbnb cash on cash: 0.43% Traditional cash on cash: 5.03% Airbnb Rental Income: $849 Traditional Rental Income: $1263 Airbnb ROI: 0.43% Traditional ROI: 5.03%
817 S Elm St McPherson, KS This home boasts all the charm from the brick sidewalk leading to the covered front porch ...	5 beds \| 3 baths \| 2,840 sq.ft.	$208,840	Airbnb cash on cash: N/A Traditional cash on cash: 10.98% Airbnb Rental Income: $null Traditional Rental Income: $2803 Airbnb ROI: N/A Traditional ROI: 10.98%
1030 ClubHouse Dr McPherson, KS This new construction 3 bedroom, 2 bath is built on a slab, features a 2 car garage and sa...	3 beds \| 2 baths \| 1,450 sq.ft.	$248,100	Airbnb cash on cash: -0.05% Traditional cash on cash: 4.8% Airbnb Rental Income: $998 Traditional Rental Income: $1778 Airbnb ROI: -0.05% Traditional ROI: 4.8%
1005 Spring Creek Rd McPherson, KS Home Owner Association - 1st year free, 2nd year $15-$20 monthly This new construction 4 b...	4 beds \| 2 baths \| 1,601 sq.ft.	$265,600	Airbnb cash on cash: 2.95% Traditional cash on cash: 5.9% Airbnb Rental Income: $1540 Traditional Rental Income: $1834 Airbnb ROI: 2.95% Traditional ROI: 5.9%
1016 Spring Creek Rd McPherson, KS This new construction 3 bedroom, 2 bath is built on a slab, features 2 car garage and safe...	3 beds \| 2 baths \| 1,555 sq.ft.	$257,700	Airbnb cash on cash: 1.21% Traditional cash on cash: 6.04% Airbnb Rental Income: $998 Traditional Rental Income: $1817 Airbnb ROI: 1.21% Traditional ROI: 6.04%
1008 Spring Creek Rd McPherson, KS Home Owner Association - 1st year free, 2nd year $15-$20 monthly. This new construction 4 ...	4 beds \| 2 baths \| 1,683 sq.ft.	$274,900	Airbnb cash on cash: 2.82% Traditional cash on cash: 5.69% Airbnb Rental Income: $1540 Traditional Rental Income: $1839 Airbnb ROI: 2.82% Traditional ROI: 5.69%
1009 Spring Creek Rd McPherson, KS Home Owner Association - 1st year free, 2nd year $15-$20 monthly This new construction 3 b...	3 beds \| 2 baths \| 1,388 sq.ft.	$242,150	Airbnb cash on cash: 1.35% Traditional cash on cash: 6.17% Airbnb Rental Income: $998 Traditional Rental Income: $1746 Airbnb ROI: 1.35% Traditional ROI: 6.17%
1013 Spring Creek Rd McPherson, KS Home Owner Association - 1st year free, 2nd year $15-$20 monthly. This new construction 4 ...	4 beds \| 2 baths \| 1,601 sq.ft.	$265,600	Airbnb cash on cash: 2.95% Traditional cash on cash: 5.9% Airbnb Rental Income: $1540 Traditional Rental Income: $1834 Airbnb ROI: 2.95% Traditional ROI: 5.9%
1012 Spring Creek Rd McPherson, KS Home Owner Association - 1st year free, 2nd year $15-$20 monthly. This new construction 3 ...	3 beds \| 2 baths \| 1,450 sq.ft.	$248,100	Airbnb cash on cash: 1.29% Traditional cash on cash: 6.12% Airbnb Rental Income: $998 Traditional Rental Income: $1775 Airbnb ROI: 1.29% Traditional ROI: 6.12%
1418 Genesis Dr McPherson, KS This beautiful 5-bedroom, 3-bath home is truly move-in ready and packed with upgrades. The...	5 beds \| 3 baths \| 2,406 sq.ft.	$320,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.69% Airbnb Rental Income: $null Traditional Rental Income: $1960 Airbnb ROI: N/A Traditional ROI: 3.69%
611 N Hartup St McPherson, KS Fantastic opportunity to make some quick equity! Check out this 3 bedroom, 2 bath ranch st...	3 beds \| 2 baths \| 1,721 sq.ft.	$142,000	Airbnb cash on cash: 1% Traditional cash on cash: 8.97% Airbnb Rental Income: $998 Traditional Rental Income: $1727 Airbnb ROI: 1% Traditional ROI: 8.97%
407 Liberty Dr McPherson, KS You'll love the amount of family space in this well-maintained ranch home with many update...	4 beds \| 3 baths \| 2,986 sq.ft.	$295,000	Airbnb cash on cash: 1.2% Traditional cash on cash: 6.78% Airbnb Rental Income: $1540 Traditional Rental Income: $2645 Airbnb ROI: 1.2% Traditional ROI: 6.78%
623 Oxford Dr McPherson, KS Welcome to Oxford Dr! Cute three bedroom, two bathroom rancher. Updated kitchen and bathro...	3 beds \| 2 baths \| 1,881 sq.ft.	$239,900	Airbnb cash on cash: 0.07% Traditional cash on cash: 6.07% Airbnb Rental Income: $998 Traditional Rental Income: $2003 Airbnb ROI: 0.07% Traditional ROI: 6.07%
608-610 S Maple St McPherson, KS Super cute duplex in a great location! Both units have brand new HVAC mini-splits, new int...	4 beds \| 2 baths \| 1,584 sq.ft.	$150,000	Airbnb cash on cash: 4.77% Traditional cash on cash: 9.96% Airbnb Rental Income: $1540 Traditional Rental Income: $1839 Airbnb ROI: 4.77% Traditional ROI: 9.96%
1124 N Ash St McPherson, KS This well maintained 3 bedroom/1bath ranch style home offers comfortable, single level liv...	3 beds \| 1 baths \| 1,092 sq.ft.	$149,900	Airbnb cash on cash: 1.31% Traditional cash on cash: 5.84% Airbnb Rental Income: $998 Traditional Rental Income: $1292 Airbnb ROI: 1.31% Traditional ROI: 5.84%
1908 E Gordon McPherson, KS	3 beds \| 2 baths \| 1,368 sq.ft.	$157,000	Airbnb cash on cash: 1.63% Traditional cash on cash: 9.05% Airbnb Rental Income: $998 Traditional Rental Income: $1755 Airbnb ROI: 1.63% Traditional ROI: 9.05%
1118 N Grimes St McPherson, KS Check out this completely updated home in the heart of McPherson. On the main floor, you'l...	4 beds \| 3 baths \| 2,606 sq.ft.	$279,000	Airbnb cash on cash: 1.6% Traditional cash on cash: 7.65% Airbnb Rental Income: $1540 Traditional Rental Income: $2686 Airbnb ROI: 1.6% Traditional ROI: 7.65%
1021 S Maple St McPherson, KS Rental property with 2 bedrooms & 1 bathroom.	2 beds \| 1 baths \| 1,656 sq.ft.	$100,000	Airbnb cash on cash: 1.2% Traditional cash on cash: 9.6% Airbnb Rental Income: $849 Traditional Rental Income: $1335 Airbnb ROI: 1.2% Traditional ROI: 9.6%
516 Randolph Rd McPherson, KS Come take a look at this well maintained 5-bedroom, 3-bath home that boasts an attached ga...	5 beds \| 3 baths \| 2,775 sq.ft.	$425,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.93% Airbnb Rental Income: $null Traditional Rental Income: $2549 Airbnb ROI: N/A Traditional ROI: 3.93%

Real Estate investment in Mcpherson, KS

There are 49 properties for sale in the city of Mcpherson . The median list price in Mcpherson is $249,050 and the average price per square foot is $132. In May 2026, the average monthly cash on cash return in Mcpherson is 6.00%. The average monthly rental income in Mcpherson is $1,857.

Mcpherson, KS Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 49 investment properties available for sale in Mcpherson.

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

The ROI for Long-Term is higher than the Short-Term in Mcpherson with average rental income of $1,857.

Your search for investment property begins and ends here

Investment Property for Sale in Mcpherson, KS

114 N Olivette St

McPherson, KS

2 beds | 2 baths | 1,552 sq.ft.

$135,000

Airbnb cash on cash: 0.8%

Traditional cash on cash: 10.02%

Airbnb Rental Income: $849

Traditional Rental Income: $1715

Airbnb ROI: 0.8%

Traditional ROI: 10.02%

600 N Oak St

McPherson, KS

2 beds | 1 baths | 1,252 sq.ft.

$138,500

Airbnb cash on cash: 0.8%

Traditional cash on cash: 7.93%

Airbnb Rental Income: $849

Traditional Rental Income: $1466

Airbnb ROI: 0.8%

Traditional ROI: 7.93%

721 S Elm St

McPherson, KS

4 beds | 3 baths | 1,992 sq.ft.

$250,000

Airbnb cash on cash: 1.95%

Traditional cash on cash: 6.71%

Airbnb Rental Income: $1540

Traditional Rental Income: $2219

Airbnb ROI: 1.95%

Traditional ROI: 6.71%

501 N Ash St

McPherson, KS

4 beds | 2 baths | 1,560 sq.ft.

$149,900

Airbnb cash on cash: 4.69%

Traditional cash on cash: 9.74%

Airbnb Rental Income: $1540

Traditional Rental Income: $1819

Airbnb ROI: 4.69%

Traditional ROI: 9.74%

607 E Simpson St

McPherson, KS

3 beds | 1 baths | 1,045 sq.ft.

$135,000

Airbnb cash on cash: 1.62%

Traditional cash on cash: 7.13%

Airbnb Rental Income: $998

Traditional Rental Income: $1358

Airbnb ROI: 1.62%

Traditional ROI: 7.13%

1232 E Hulse St

McPherson, KS

3 beds | 2 baths | 2,080 sq.ft.

$259,900

Airbnb cash on cash: -0.14%

Traditional cash on cash: 3.99%

Airbnb Rental Income: $998

Traditional Rental Income: $1658

Airbnb ROI: -0.14%

Traditional ROI: 3.99%

1101 S Elm St

McPherson, KS

3 beds | 1 baths | 1,120 sq.ft.

$165,900

Airbnb cash on cash: 1.26%

Traditional cash on cash: 4.57%

Airbnb Rental Income: $998

Traditional Rental Income: $1167

Airbnb ROI: 1.26%

Traditional ROI: 4.57%

1651 Sonora Dr

McPherson, KS

3 beds | 2 baths | 1,588 sq.ft.

$519,900

Airbnb cash on cash: -1.32%

Traditional cash on cash: 1.97%

Airbnb Rental Income: $998

Traditional Rental Income: $2240

Airbnb ROI: -1.32%