Real Estate Investment Properties for Sale in Melbourne, KY

Looking for investment property in Melbourne, KY with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
6436 Vineyard Ln Melbourne, KY It's a different world here! As you enter the driveway, you leave the bustle of the city a...	4 beds \| 1 baths \| 1,697 sq.ft.	$600,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.59% Airbnb Rental Income: $null Traditional Rental Income: $2020 Airbnb ROI: N/A Traditional ROI: 1.59%
418 Huntington Ave Melbourne, KY Check out this charming 3 bedroom home that sits on over 1/2 an acre. This large yard and ...	3 beds \| 1 baths \| 1,368 sq.ft.	$239,900	Airbnb cash on cash: 2.62% Traditional cash on cash: 7.84% Airbnb Rental Income: $1445 Traditional Rental Income: $2199 Airbnb ROI: 2.62% Traditional ROI: 7.84%
1923 Poplar Ridge Road Melbourne, KY Beautifully maintained 1925 three bedroom, one bath home filled with charm and thoughtful ...	3 beds \| 1 baths \| 3,037 sq.ft.	$245,000	Airbnb cash on cash: 2.27% Traditional cash on cash: 5.95% Airbnb Rental Income: $1445 Traditional Rental Income: $1867 Airbnb ROI: 2.27% Traditional ROI: 5.95%
6061 Black Road Melbourne, KY Welcome to your slice of country paradise. This spacious full brick ranch sits on 5.16 acr...	2 beds \| 2 baths \| 1,514 sq.ft.	$269,000	Airbnb cash on cash: 0.84% Traditional cash on cash: 6.19% Airbnb Rental Income: $1045 Traditional Rental Income: $2039 Airbnb ROI: 0.84% Traditional ROI: 6.19%
Investment Properties for Sale in Other Cities of Kentucky
133 Wallace Avenue Frankfort , KY Wonderful, well-kept home, located in downtown Frankfort. A two bedroom and one bathroom h...	2 beds \| 1 baths \| 1,024 sq.ft.	$122,500	Airbnb cash on cash: 5.81% Traditional cash on cash: 7.83% Airbnb Rental Income: $1424 Traditional Rental Income: $1236 Airbnb ROI: 5.81% Traditional ROI: 7.83%
560 Kirkpatrick Avenue HODGENVILLE , KY This 4-bedroom, 2-full-bath brick two-story home is situated on a desirable corner lot wit...	4 beds \| 2 baths \| 1,768 sq.ft.	$215,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.69% Airbnb Rental Income: $null Traditional Rental Income: $2036 Airbnb ROI: N/A Traditional ROI: 7.69%
609 Moore Drive Elizabethtown , KY This well-kept 3-bedroom, 1-bath home is move-in ready and full of charm! Built in 2003, i...	3 beds \| 1 baths \| 1,170 sq.ft.	$189,900	Airbnb cash on cash: 1.69% Traditional cash on cash: 5.51% Airbnb Rental Income: $1106 Traditional Rental Income: $1422 Airbnb ROI: 1.69% Traditional ROI: 5.51%
303 Ingram Avenue CAMPBELLSVILLE , KY Spacious 4-Bedroom Home in Prime Location Near Schools & Amenities Welcome to this charmin...	4 beds \| 3 baths \| 1,784 sq.ft.	$215,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.12% Airbnb Rental Income: $null Traditional Rental Income: $2124 Airbnb ROI: N/A Traditional ROI: 8.12%
1971 Highway 1385 HARDINSBURG , KY New Listing in Beautiful Hardinsburg, Kentucky! Enjoy country living at its best with this...	3 beds \| 4 baths \| 1,609 sq.ft.	$312,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.47% Airbnb Rental Income: $null Traditional Rental Income: $1949 Airbnb ROI: N/A Traditional ROI: 4.47%
857 Malabu Drive unit: 1202 #1202 Lexington , KY Great Opportunity to own an adorable 2 bedroom, 2 full bathroom condominium. This lovely c...	2 beds \| 2 baths \| 1,100 sq.ft.	$225,000	Airbnb cash on cash: 3.29% Traditional cash on cash: 5.06% Airbnb Rental Income: $2050 Traditional Rental Income: $1898 Airbnb ROI: 3.29% Traditional ROI: 5.06%
765 Whitis Road Somerset , KY Homestead/Country living at its finest! This 2 bed 2 full bathroom offers peace and quiet ...	2 beds \| 2 baths \| 1,050 sq.ft.	$180,000	Airbnb cash on cash: 1.56% Traditional cash on cash: 6.78% Airbnb Rental Income: $1040 Traditional Rental Income: $1571 Airbnb ROI: 1.56% Traditional ROI: 6.78%
39 Bryants Way London , KY This home is located in one of Londons desired neighborhoods.The home features 4 bedrooms,...	4 beds \| 3 baths \| 2,061 sq.ft.	$336,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.29% Airbnb Rental Income: $null Traditional Rental Income: $2351 Airbnb ROI: N/A Traditional ROI: 5.29%
222 E Witherspoon St unit: 1104 #1104 Louisville , KY ''A Stunning Departure from the Ordinary'' & A Grand opportunity for you to own and experi...	3 beds \| 2 baths \| 2,668 sq.ft.	$799,900	Airbnb cash on cash: -0.65% Traditional cash on cash: 0.89% Airbnb Rental Income: $1419 Traditional Rental Income: $2139 Airbnb ROI: -0.65% Traditional ROI: 0.89%
309 E Market St unit: 213 #213 Louisville , KY Escape into your private oasis, in the middle of downtown Louisville, at the Mercantile Ga...	2 beds \| 2 baths \| 1,402 sq.ft.	$343,000	Airbnb cash on cash: -1.33% Traditional cash on cash: 2.42% Airbnb Rental Income: $1264 Traditional Rental Income: $2070 Airbnb ROI: -1.33% Traditional ROI: 2.42%
167 N Keats Ave Louisville , KY A fully turn-key Clifton treasure, this beautifully updated home blends classic charm with...	2 beds \| 2 baths \| 989 sq.ft.	$325,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.51% Airbnb Rental Income: $null Traditional Rental Income: $1120 Airbnb ROI: N/A Traditional ROI: 1.51%
1234 Hull St Louisville , KY Welcome to 1234 Hull Street - an irresistibly charming Highlands home that blends vintage ...	3 beds \| 1 baths \| 1,218 sq.ft.	$250,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.12% Airbnb Rental Income: $null Traditional Rental Income: $1504 Airbnb ROI: N/A Traditional ROI: 4.12%
1368 Poplar Level Rd Louisville , KY Charming 2-bedroom, 1-bath home featuring an updated kitchen with modern appliances and pl...	2 beds \| 1 baths \| 820 sq.ft.	$225,000	Airbnb cash on cash: 1.57% Traditional cash on cash: 3.73% Airbnb Rental Income: $1212 Traditional Rental Income: $1282 Airbnb ROI: 1.57% Traditional ROI: 3.73%
7797 Promontory Drive Alexandria , KY OPEN HOUSE Sunday January 11th from 1:00-2:30!! Incredible Fischer Clay loaded with upgrad...	4 beds \| 2 baths \| 3,029 sq.ft.	$600,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.92% Airbnb Rental Income: $null Traditional Rental Income: $2254 Airbnb ROI: N/A Traditional ROI: 1.92%

Real Estate investment in Melbourne, KY

There are 4 properties for sale in the city of Melbourne . The median list price in Melbourne is $444,950 and the average price per square foot is $200. In January 2026, the average monthly cash on cash return in Melbourne is 5.00%. The average monthly rental income in Melbourne is $2,039.

Melbourne, KY Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 4 investment properties available for sale in Melbourne.

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

The ROI for Long-Term is higher than the Short-Term in Melbourne with average rental income of $2,039.

Your search for investment property begins and ends here

Investment Property for Sale in Melbourne, KY

6436 Vineyard Ln

Melbourne, KY

4 beds | 1 baths | 1,697 sq.ft.

$600,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.59%

Airbnb Rental Income: $null

Traditional Rental Income: $2020

Airbnb ROI: N/A

Traditional ROI: 1.59%

418 Huntington Ave

Melbourne, KY

3 beds | 1 baths | 1,368 sq.ft.

$239,900

Airbnb cash on cash: 2.62%

Traditional cash on cash: 7.84%

Airbnb Rental Income: $1445

Traditional Rental Income: $2199

Airbnb ROI: 2.62%

Traditional ROI: 7.84%

1923 Poplar Ridge Road

Melbourne, KY

3 beds | 1 baths | 3,037 sq.ft.

$245,000

Airbnb cash on cash: 2.27%

Traditional cash on cash: 5.95%

Airbnb Rental Income: $1445

Traditional Rental Income: $1867

Airbnb ROI: 2.27%

Traditional ROI: 5.95%

6061 Black Road

Melbourne, KY

2 beds | 2 baths | 1,514 sq.ft.

$269,000

Airbnb cash on cash: 0.84%

Traditional cash on cash: 6.19%

Airbnb Rental Income: $1045

Traditional Rental Income: $2039

Airbnb ROI: 0.84%

Traditional ROI: 6.19%

Investment Properties for Sale in Other Cities of Kentucky

Frankfort , KY

2 beds | 1 baths | 1,024 sq.ft.

$122,500

Airbnb cash on cash: 5.81%

Traditional cash on cash: 7.83%

Airbnb Rental Income: $1424

Traditional Rental Income: $1236

Airbnb ROI: 5.81%

Traditional ROI: 7.83%

HODGENVILLE , KY

4 beds | 2 baths | 1,768 sq.ft.

$215,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.69%

Airbnb Rental Income: $null

Traditional Rental Income: $2036

Airbnb ROI: N/A

Traditional ROI: 7.69%

Elizabethtown , KY

3 beds | 1 baths | 1,170 sq.ft.

$189,900

Airbnb cash on cash: 1.69%

Traditional cash on cash: 5.51%

Airbnb Rental Income: $1106

Traditional Rental Income: $1422

Airbnb ROI: 1.69%

Traditional ROI: 5.51%

CAMPBELLSVILLE , KY

4 beds | 3 baths | 1,784 sq.ft.

$215,000

Airbnb cash on cash: N/A

Traditional cash on cash: 8.12%

Airbnb Rental Income: $null

Traditional Rental Income: $2124

Airbnb ROI: N/A

Traditional ROI: 8.12%

HARDINSBURG , KY

3 beds | 4 baths | 1,609 sq.ft.