Real Estate Investment Properties for Sale in Hempstead, NY

Looking for investment property in Hempstead, NY with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
117 Warner Ave Hempstead, NY Property will be included the next Auction. All auction properties are subject to a 5% buy...	3 beds \| 2 baths \| 1,681 sq.ft.	$612,000	Airbnb cash on cash: 0.82% Traditional cash on cash: 3.83% Airbnb Rental Income: $2699 Traditional Rental Income: $3874 Airbnb ROI: 0.82% Traditional ROI: 3.83%
136 Fairview Boulevard Hempstead, NY Recently renovated, this legal four-family home is situated in the heart of Hempstead. Thi...	7 beds \| 4 baths \| N/A	$1,399,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.86% Airbnb Rental Income: $null Traditional Rental Income: $5834 Airbnb ROI: N/A Traditional ROI: 1.86%
341 WASHINGTON STREET Hempstead, NY LET'S GO MLS SHOW AND SELL.	4 beds \| 2 baths \| N/A	$665,000	Airbnb cash on cash: 2.3% Traditional cash on cash: 3.1% Airbnb Rental Income: $4450 Traditional Rental Income: $4013 Airbnb ROI: 2.3% Traditional ROI: 3.1%
26 Hilbert St Hempstead, NY Welcome to this great new listing located in the beautiful and desirable Cathedral Gardens...	4 beds \| 4 baths \| 1,948 sq.ft.	$998,000	Airbnb cash on cash: 0.9% Traditional cash on cash: 2.57% Airbnb Rental Income: $4450 Traditional Rental Income: $5076 Airbnb ROI: 0.9% Traditional ROI: 2.57%
93 Princeton St Hempstead, NY Good property, needs renovation., Additional information: Appearance:Good	4 beds \| 2 baths \| N/A	$630,000	Airbnb cash on cash: 3.54% Traditional cash on cash: 4.72% Airbnb Rental Income: $4450 Traditional Rental Income: $4213 Airbnb ROI: 3.54% Traditional ROI: 4.72%
79 Elmwood Ave Hempstead, NY Colonial Style Home. This Home Features 3 Bedrooms, 1.5 Baths, Formal Dining Room, Den & 1...	3 beds \| 1 baths \| 1,951 sq.ft.	$670,000	Airbnb cash on cash: -0.36% Traditional cash on cash: 2.47% Airbnb Rental Income: $2699 Traditional Rental Income: $3834 Airbnb ROI: -0.36% Traditional ROI: 2.47%
258 Brown Ave Hempstead, NY Fully renovated with permits, this charming 5-bedroom, 3-bath Cape-style home Thoughtfully...	5 beds \| 3 baths \| 2,200 sq.ft.	$799,999	Airbnb cash on cash: N/A Traditional cash on cash: 1.91% Airbnb Rental Income: $null Traditional Rental Income: $3711 Airbnb ROI: N/A Traditional ROI: 1.91%
361 E Columbia Street Hempstead, NY One family home for sale in a neighborhood with many amenities. This home is close to shop...	4 beds \| 3 baths \| N/A	$675,000	Airbnb cash on cash: 2.1% Traditional cash on cash: 3.44% Airbnb Rental Income: $4450 Traditional Rental Income: $4359 Airbnb ROI: 2.1% Traditional ROI: 3.44%
171 S Franklin Street Hempstead, NY This income-generating commercial property features a double storefront on the ground floo...	N/A beds \| N/A baths \| N/A	$925,000	Airbnb cash on cash: -3.26% Traditional cash on cash: -1.61% Airbnb Rental Income: $1211 Traditional Rental Income: $2241 Airbnb ROI: -3.26% Traditional ROI: -1.61%
51 Phoenix St Hempstead, NY Beautiful cape in the middle of the block near everything, coliseum, colleges, and the mal...	3 beds \| 1 baths \| 1,238 sq.ft.	$689,000	Airbnb cash on cash: 0.81% Traditional cash on cash: 2.85% Airbnb Rental Income: $2699 Traditional Rental Income: $3368 Airbnb ROI: 0.81% Traditional ROI: 2.85%
22 Virginia Ave Hempstead, NY Calling all savvy investors! This well-maintained, tenant-occupied property is a rare find...	8 beds \| 4 baths \| 4,320 sq.ft.	$1,299,999	Airbnb cash on cash: N/A Traditional cash on cash: 1.21% Airbnb Rental Income: $null Traditional Rental Income: $5782 Airbnb ROI: N/A Traditional ROI: 1.21%
10 Taft Ave Hempstead, NY Cozy Ranch, 3 bedroom and 1 bathroom home. Great for first time buyer. Updated, boiler, el...	3 beds \| 1 baths \| 1,200 sq.ft.	$549,999	Airbnb cash on cash: 0.69% Traditional cash on cash: 3.35% Airbnb Rental Income: $2699 Traditional Rental Income: $3426 Airbnb ROI: 0.69% Traditional ROI: 3.35%
30 Pierson Ave Hempstead, NY Cape Style Home. This Home Features 4 Bedrooms, 2 Full Baths, Formal Dining Room, & 1 Car ...	4 beds \| 2 baths \| 1,093 sq.ft.	$635,000	Airbnb cash on cash: 2.36% Traditional cash on cash: 2% Airbnb Rental Income: $4450 Traditional Rental Income: $3302 Airbnb ROI: 2.36% Traditional ROI: 2%
27 Sewell St Hempstead, NY Location, location, location! This ultramodern masterpiece has been meticulously renovated...	3 beds \| 3 baths \| 1,200 sq.ft.	$674,000	Airbnb cash on cash: 0.25% Traditional cash on cash: 2.96% Airbnb Rental Income: $2699 Traditional Rental Income: $3765 Airbnb ROI: 0.25% Traditional ROI: 2.96%
20 Wendell St #26E Hempstead, NY Welcome to Wendell Terrace, a well-maintained coop building in the heart of Hempstead. Thi...	1 beds \| 1 baths \| N/A	$259,000	Airbnb cash on cash: -0.1% Traditional cash on cash: 6.77% Airbnb Rental Income: $1099 Traditional Rental Income: $2408 Airbnb ROI: -0.1% Traditional ROI: 6.77%
191 Cathedral Ave Hempstead, NY Classic center hall brick Colonial located in the desirable Cathedral Gardens neighborhood...	5 beds \| 3 baths \| 3,196 sq.ft.	$1,190,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.05% Airbnb Rental Income: $null Traditional Rental Income: $6526 Airbnb ROI: N/A Traditional ROI: 2.05%
153 Cornell St Hempstead, NY This is a handyman special, the property need work. Only cash deal will be entertain need ...	N/A beds \| N/A baths \| 1,656 sq.ft.	$549,999	Airbnb cash on cash: -1.14% Traditional cash on cash: 1.98% Airbnb Rental Income: $1211 Traditional Rental Income: $2561 Airbnb ROI: -1.14% Traditional ROI: 1.98%
165 Wellesley St Hempstead, NY Spacious 5 Bedroom Home with OSE Basement Entrance Welcome to 165 Wellesley Street, Hempst...	5 beds \| 4 baths \| 2,149 sq.ft.	$819,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.72% Airbnb Rental Income: $null Traditional Rental Income: $4947 Airbnb ROI: N/A Traditional ROI: 3.72%
66 Henry St #19 Hempstead, NY Beautifully updated 2-bedroom condominium currently undergoing a complete renovation. Impr...	2 beds \| 1 baths \| 888 sq.ft.	$449,000	Airbnb cash on cash: -0.2% Traditional cash on cash: 3.05% Airbnb Rental Income: $1630 Traditional Rental Income: $2535 Airbnb ROI: -0.2% Traditional ROI: 3.05%
14 Vanata Ct Hempstead, NY Welcome to 14 Vanata Court! This spacious 6-bedroom, 2.5-bath residence offers exceptional...	6 beds \| 2 baths \| 2,211 sq.ft.	$699,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.01% Airbnb Rental Income: $null Traditional Rental Income: $4391 Airbnb ROI: N/A Traditional ROI: 3.01%
44 Commander Ave Hempstead, NY Amazing Diamond Renovated with Luxury Details Throughout this Amazing Home Which is Locate...	2 beds \| 1 baths \| 720 sq.ft.	$495,000	Airbnb cash on cash: -0.85% Traditional cash on cash: 3.05% Airbnb Rental Income: $1630 Traditional Rental Income: $2973 Airbnb ROI: -0.85% Traditional ROI: 3.05%
39 Harold Ave Hempstead, NY Opportunity Awaits! End users and investors, this 4 Bedroom 1 Bath offers an open floor la...	4 beds \| 1 baths \| 1,227 sq.ft.	$599,000	Airbnb cash on cash: 4.04% Traditional cash on cash: 4.14% Airbnb Rental Income: $4450 Traditional Rental Income: $3579 Airbnb ROI: 4.04% Traditional ROI: 4.14%
47 Harold Ave Hempstead, NY Welcome to this 3 Bedroom, 2 Bathroom colonial property in Hempstead. Close to shopping, s...	3 beds \| 1 baths \| 1,200 sq.ft.	$660,000	Airbnb cash on cash: 0.08% Traditional cash on cash: 2.52% Airbnb Rental Income: $2699 Traditional Rental Income: $3566 Airbnb ROI: 0.08% Traditional ROI: 2.52%
51 Peters Ave Hempstead, NY 51 Peters Ave, Hempstead, NY 11550 \| Multi Family	6 beds \| 2 baths \| 2,698 sq.ft.	$799,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.3% Airbnb Rental Income: $null Traditional Rental Income: $3821 Airbnb ROI: N/A Traditional ROI: 2.3%
16 Pilot Street Hempstead, NY Welcome home to this charming 3BR/1BA cornerlot gem. Roof, Windows, Siding, and Electric h...	3 beds \| 1 baths \| 744 sq.ft.	$495,000	Airbnb cash on cash: 0.85% Traditional cash on cash: 2.97% Airbnb Rental Income: $2699 Traditional Rental Income: $3043 Airbnb ROI: 0.85% Traditional ROI: 2.97%
178 Rutland Road Hempstead, NY	4 beds \| 3 baths \| N/A	$300,000	Airbnb cash on cash: 9.21% Traditional cash on cash: 10.14% Airbnb Rental Income: $4450 Traditional Rental Income: $3782 Airbnb ROI: 9.21% Traditional ROI: 10.14%
29 Elm Ave Hempstead, NY Welcome to 29 Elm Avenue, Hempstead, a legal two-family Colonial offering excellent income...	4 beds \| 5 baths \| 1,768 sq.ft.	$879,000	Airbnb cash on cash: 1.47% Traditional cash on cash: 6.17% Airbnb Rental Income: $4450 Traditional Rental Income: $7370 Airbnb ROI: 1.47% Traditional ROI: 6.17%
86 Remsen Ave Hempstead, NY Welcome to this beautifully maintained 3-bedroom, 2-bath home featuring beautiful wood flo...	3 beds \| 2 baths \| 998 sq.ft.	$559,987	Airbnb cash on cash: 0.81% Traditional cash on cash: 3.41% Airbnb Rental Income: $2699 Traditional Rental Income: $3418 Airbnb ROI: 0.81% Traditional ROI: 3.41%
200 Hilton Avenue #66 Hempstead, NY This cozy 1-bedroom, 1-bathroom condo is perfect for first time buyers, down sizers or inv...	1 beds \| 1 baths \| 1,035 sq.ft.	$375,000	Airbnb cash on cash: -2.51% Traditional cash on cash: 1.09% Airbnb Rental Income: $1099 Traditional Rental Income: $1994 Airbnb ROI: -2.51% Traditional ROI: 1.09%
141 Booth Street Hempstead, NY Welcome to this beautiful cape that features a 4-bedroom, 2-bath residence in the heart of...	4 beds \| 2 baths \| 1,256 sq.ft.	$689,999	Airbnb cash on cash: 2.27% Traditional cash on cash: 2.19% Airbnb Rental Income: $4450 Traditional Rental Income: $3469 Airbnb ROI: 2.27% Traditional ROI: 2.19%
44 Circle Drive Hempstead, NY Bright and inviting 4-bedroom Cape Cod in the heart of Hempstead featuring numerous update...	4 beds \| 1 baths \| 1,075 sq.ft.	$549,000	Airbnb cash on cash: 2.99% Traditional cash on cash: 2.86% Airbnb Rental Income: $4450 Traditional Rental Income: $3456 Airbnb ROI: 2.99% Traditional ROI: 2.86%
42 Sunset Drive Hempstead, NY This beautiful Expanded Cape is located in the heart of Hempstead. This beautiful home fea...	3 beds \| 2 baths \| 1,116 sq.ft.	$659,000	Airbnb cash on cash: 0.58% Traditional cash on cash: 3.14% Airbnb Rental Income: $2699 Traditional Rental Income: $3636 Airbnb ROI: 0.58% Traditional ROI: 3.14%
182 Long Beach Road Hempstead, NY , Additional information: Appearance: Excellent Welcome to this charming 3 bedrooms Cape-C...	3 beds \| 2 baths \| N/A	$649,900	Airbnb cash on cash: 0.39% Traditional cash on cash: 2.88% Airbnb Rental Income: $2699 Traditional Rental Income: $3568 Airbnb ROI: 0.39% Traditional ROI: 2.88%
224 Windsor Parkway Hempstead, NY Location, location, location! This ultramodern masterpiece has been meticulously renovated...	3 beds \| 3 baths \| 1,390 sq.ft.	$699,000	Airbnb cash on cash: 0.51% Traditional cash on cash: 2.41% Airbnb Rental Income: $2699 Traditional Rental Income: $3297 Airbnb ROI: 0.51% Traditional ROI: 2.41%
14 Parsons Drive Hempstead, NY BACK ON THE MARKET!!! Move right in! This beautifully updated Colonial features 3 bedrooms...	3 beds \| 3 baths \| 1,785 sq.ft.	$690,000	Airbnb cash on cash: -0.1% Traditional cash on cash: 3.19% Airbnb Rental Income: $2699 Traditional Rental Income: $4179 Airbnb ROI: -0.1% Traditional ROI: 3.19%
15 Circle Drive Hempstead, NY Location, location, location! This ultramodern masterpiece has been meticulously renovated...	4 beds \| 3 baths \| 1,200 sq.ft.	$649,000	Airbnb cash on cash: 2.64% Traditional cash on cash: 3.23% Airbnb Rental Income: $4450 Traditional Rental Income: $3875 Airbnb ROI: 2.64% Traditional ROI: 3.23%
8 Foster Place Hempstead, NY Welcome to 8 Foster Place, a spacious and well-maintained Hempstead home offering versatil...	5 beds \| 2 baths \| 1,092 sq.ft.	$599,999	Airbnb cash on cash: N/A Traditional cash on cash: 3.39% Airbnb Rental Income: $null Traditional Rental Income: $3714 Airbnb ROI: N/A Traditional ROI: 3.39%
3840 Linden Place Hempstead, NY Great Investment Opportunity! This legal two-family, high-ranch style home offers a massiv...	7 beds \| 2 baths \| N/A	$500,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.3% Airbnb Rental Income: $null Traditional Rental Income: $4214 Airbnb ROI: N/A Traditional ROI: 4.3%
27 Midwood St Hempstead, NY 3-bedroom, 2-bath Ranch style home featuring a 2-car garage and long private driveway. Pro...	3 beds \| 2 baths \| 1,409 sq.ft.	$620,000	Airbnb cash on cash: 1.84% Traditional cash on cash: 5.35% Airbnb Rental Income: $2699 Traditional Rental Income: $3753 Airbnb ROI: 1.84% Traditional ROI: 5.35%
297 E Columbia Street Hempstead, NY Welcome to this beautifully renovated colonial home located in the heart of Hempstead, New...	3 beds \| 3 baths \| 1,487 sq.ft.	$649,999	Airbnb cash on cash: 0.3% Traditional cash on cash: 3.51% Airbnb Rental Income: $2699 Traditional Rental Income: $4007 Airbnb ROI: 0.3% Traditional ROI: 3.51%

Real Estate investment in Hempstead, NY

There are 106 properties for sale in the city of Hempstead . The median list price in Hempstead is $659,605 and the average price per square foot is $407. In September 2026, the average monthly cash on cash return in Hempstead is 3.00%. The average monthly rental income in Hempstead is $3,759.

Hempstead, NY Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 106 investment properties available for sale in Hempstead.

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

The ROI for Long-Term is higher than the Short-Term in Hempstead with average rental income of $3,759.

Your search for investment property begins and ends here

Investment Property for Sale in Hempstead, NY

117 Warner Ave

Hempstead, NY

3 beds | 2 baths | 1,681 sq.ft.

$612,000

Airbnb cash on cash: 0.82%

Traditional cash on cash: 3.83%

Airbnb Rental Income: $2699

Traditional Rental Income: $3874

Airbnb ROI: 0.82%

Traditional ROI: 3.83%

136 Fairview Boulevard

Hempstead, NY

7 beds | 4 baths | N/A

$1,399,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.86%

Airbnb Rental Income: $null

Traditional Rental Income: $5834

Airbnb ROI: N/A

Traditional ROI: 1.86%

341 WASHINGTON STREET

Hempstead, NY

4 beds | 2 baths | N/A

$665,000

Airbnb cash on cash: 2.3%

Traditional cash on cash: 3.1%

Airbnb Rental Income: $4450

Traditional Rental Income: $4013

Airbnb ROI: 2.3%

Traditional ROI: 3.1%

26 Hilbert St

Hempstead, NY

4 beds | 4 baths | 1,948 sq.ft.

$998,000

Airbnb cash on cash: 0.9%

Traditional cash on cash: 2.57%

Airbnb Rental Income: $4450

Traditional Rental Income: $5076

Airbnb ROI: 0.9%

Traditional ROI: 2.57%

93 Princeton St

Hempstead, NY

4 beds | 2 baths | N/A

$630,000

Airbnb cash on cash: 3.54%

Traditional cash on cash: 4.72%

Airbnb Rental Income: $4450

Traditional Rental Income: $4213

Airbnb ROI: 3.54%

Traditional ROI: 4.72%

79 Elmwood Ave

Hempstead, NY

3 beds | 1 baths | 1,951 sq.ft.

$670,000

Airbnb cash on cash: -0.36%

Traditional cash on cash: 2.47%

Airbnb Rental Income: $2699

Traditional Rental Income: $3834

Airbnb ROI: -0.36%

Traditional ROI: 2.47%

258 Brown Ave

Hempstead, NY

5 beds | 3 baths | 2,200 sq.ft.

$799,999

Airbnb cash on cash: N/A

Traditional cash on cash: 1.91%

Airbnb Rental Income: $null

Traditional Rental Income: $3711

Airbnb ROI: N/A

Traditional ROI: 1.91%

361 E Columbia Street

Hempstead, NY

4 beds | 3 baths | N/A

$675,000

Airbnb cash on cash: 2.1%

Traditional cash on cash: 3.44%

Airbnb Rental Income: $4450

Traditional Rental Income: $4359

Airbnb ROI: 2.1%