Real Estate Investments for Sale in Ithaca, NY With High ROI

Are you looking for a vacation rental in Ithaca, NY? Look no further! We have a wide variety of vacation available for sale, including beachfront condos, mountain single-family homes, townhouses, vacation homes and everything in between.

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
527 Spencer Road Ithaca, NY You have to see this property. Living here is like being in the country with over an acre...	6 beds \| 3 baths \| 3,072 sq.ft.	$274,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.89% Airbnb Rental Income: $null Traditional Rental Income: $3339 Airbnb ROI: N/A Traditional ROI: 8.89%
102 Penny Lane Ithaca, NY Fantastic contemporary located in the Commonland Community with no HOA fees. This great pr...	2 beds \| 2 baths \| 1,536 sq.ft.	$349,000	Airbnb cash on cash: 2.74% Traditional cash on cash: 4.08% Airbnb Rental Income: $2515 Traditional Rental Income: $2349 Airbnb ROI: 2.74% Traditional ROI: 4.08%
409 HANCOCK Street Ithaca, NY 409 Hancock Street offers the convenience and ease of downtown living, without sacrificing...	4 beds \| 2 baths \| 1,528 sq.ft.	$340,000	Airbnb cash on cash: 6.88% Traditional cash on cash: 5.09% Airbnb Rental Income: $4466 Traditional Rental Income: $2960 Airbnb ROI: 6.88% Traditional ROI: 5.09%
515 Dryden Road Ithaca, NY Fantastic location is where this turn key 3 bedroom, 2.5 bath home will greet you, located...	3 beds \| 3 baths \| 2,088 sq.ft.	$480,000	Airbnb cash on cash: 4.42% Traditional cash on cash: 4.46% Airbnb Rental Income: $4477 Traditional Rental Income: $3558 Airbnb ROI: 4.42% Traditional ROI: 4.46%
315 Old Gorge Road Ithaca, NY Step into a world of sophistication and comfort with this stylish and stunning two story r...	4 beds \| 5 baths \| 4,707 sq.ft.	$830,000	Airbnb cash on cash: 1.79% Traditional cash on cash: 3.54% Airbnb Rental Income: $5045 Traditional Rental Income: $5364 Airbnb ROI: 1.79% Traditional ROI: 3.54%
2 Oakwood Drive Ithaca, NY Quality craftsmanship & natural light abound in this luxury home built.by Cardamone Home ...	4 beds \| 4 baths \| 2,885 sq.ft.	$899,000	Airbnb cash on cash: 3.42% Traditional cash on cash: 1.93% Airbnb Rental Income: $6491 Traditional Rental Income: $3976 Airbnb ROI: 3.42% Traditional ROI: 1.93%
102 SUNSET Drive Ithaca, NY Nestled in the quaint village of Cayuga Heights, this charming old-style house boasts 2728...	3 beds \| 3 baths \| 2,728 sq.ft.	$699,000	Airbnb cash on cash: 1.62% Traditional cash on cash: 2.23% Airbnb Rental Income: $4484 Traditional Rental Income: $3943 Airbnb ROI: 1.62% Traditional ROI: 2.23%
111 RANDOLPH Road Ithaca, NY Finally, the house you've been searching for in the Northeast area of Ithaca close to shop...	4 beds \| 3 baths \| 2,882 sq.ft.	$544,900	Airbnb cash on cash: 3.1% Traditional cash on cash: 3.48% Airbnb Rental Income: $4466 Traditional Rental Income: $3728 Airbnb ROI: 3.1% Traditional ROI: 3.48%
32 Tigerlily Lane Ithaca, NY Luxury is a lifestyle! Welcome to your dream home! Nestled in a tranquil, new neighborhood...	4 beds \| 5 baths \| 4,602 sq.ft.	$1,199,000	Airbnb cash on cash: 0.44% Traditional cash on cash: 0.61% Airbnb Rental Income: $6491 Traditional Rental Income: $5405 Airbnb ROI: 0.44% Traditional ROI: 0.61%
73 LOIS Lane Ithaca, NY Commonland Community's most desirable unit! This 2 story overlooks a beautiful pond & lawn...	1 beds \| 1 baths \| 1,056 sq.ft.	$259,000	Airbnb cash on cash: 5.95% Traditional cash on cash: 3.2% Airbnb Rental Income: $3029 Traditional Rental Income: $1663 Airbnb ROI: 5.95% Traditional ROI: 3.2%
25 Whitetail Drive Ithaca, NY Light and bright 2 bedroom townhouse in coveted Deer Run Subdivision. This unit features ...	2 beds \| 2 baths \| 1,890 sq.ft.	$329,900	Airbnb cash on cash: 2.25% Traditional cash on cash: 3.87% Airbnb Rental Income: $2385 Traditional Rental Income: $2300 Airbnb ROI: 2.25% Traditional ROI: 3.87%
129 Pinckney Road Ithaca, NY Escape to your own private oasis with this adorable log-style home, nestled on 2.5 acres o...	1 beds \| 2 baths \| 1,252 sq.ft.	$299,900	Airbnb cash on cash: 4.73% Traditional cash on cash: 5.29% Airbnb Rental Income: $3102 Traditional Rental Income: $2554 Airbnb ROI: 4.73% Traditional ROI: 5.29%
201 Highland Avenue Ithaca, NY Impressive circa 1915 Arts and Crafts style building converted to 6 desirable dwelling uni...	5 beds \| N/A baths \| 3,768 sq.ft.	$895,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.65% Airbnb Rental Income: $null Traditional Rental Income: $2135 Airbnb ROI: N/A Traditional ROI: -0.65%
62 Dart Drive Ithaca, NY OPEN SATSUN Introducing this beautifully maintained 3-bedroom, 2-full bath ranch, nestled ...	3 beds \| 2 baths \| 1,056 sq.ft.	$309,800	Airbnb cash on cash: 6.05% Traditional cash on cash: 6.08% Airbnb Rental Income: $3509 Traditional Rental Income: $2743 Airbnb ROI: 6.05% Traditional ROI: 6.08%
235 Seven Mile Drive Ithaca, NY Welcome to this turn key 3 bedroom, 3 full bath home located just outside the Ithaca City ...	3 beds \| 3 baths \| 2,118 sq.ft.	$399,000	Airbnb cash on cash: 4.03% Traditional cash on cash: 5.7% Airbnb Rental Income: $3651 Traditional Rental Income: $3479 Airbnb ROI: 4.03% Traditional ROI: 5.7%
429 Bostwick Road Ithaca, NY This rare opportunity offers endless possibilities! On a hilltop surrounded by miles of br...	4 beds \| 2 baths \| 1,664 sq.ft.	$1,250,000	Airbnb cash on cash: 2.91% Traditional cash on cash: -0.19% Airbnb Rental Income: $8177 Traditional Rental Income: $3028 Airbnb ROI: 2.91% Traditional ROI: -0.19%
72 Tigerlily Lane Ithaca, NY This custom-built contemporary masterpiece offers an exquisite living experience for the d...	5 beds \| 5 baths \| 3,589 sq.ft.	$1,049,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.8% Airbnb Rental Income: $null Traditional Rental Income: $4839 Airbnb ROI: N/A Traditional ROI: 1.8%
1310 Hanshaw Road Ithaca, NY This light filled Northeast home has been thoughtfully and beautifully updated. Brand new ...	3 beds \| 1 baths \| 768 sq.ft.	$275,000	Airbnb cash on cash: 7.06% Traditional cash on cash: 5.33% Airbnb Rental Income: $3509 Traditional Rental Income: $2288 Airbnb ROI: 7.06% Traditional ROI: 5.33%
29 Hunter Lane Ithaca, NY Tucked back and surrounded by nature, enjoy this one-level, energy-efficient 3-bedroom, 2-...	3 beds \| 2 baths \| 2,571 sq.ft.	$463,000	Airbnb cash on cash: 3.09% Traditional cash on cash: 5.31% Airbnb Rental Income: $3529 Traditional Rental Income: $3714 Airbnb ROI: 3.09% Traditional ROI: 5.31%
11 Spruce Lane Ithaca, NY Modern architecture with a contemporary flare defines this expansive 4 bedroom, 3.5 bath h...	4 beds \| 4 baths \| 3,102 sq.ft.	$749,000	Airbnb cash on cash: 1.79% Traditional cash on cash: 2.62% Airbnb Rental Income: $4466 Traditional Rental Income: $4108 Airbnb ROI: 1.79% Traditional ROI: 2.62%
24 Chase Lane Ithaca, NY Nestled in the highly desirable Chase Farm Subdivision, this 3 bedroom, 2.5 bath cape cod ...	3 beds \| 3 baths \| 2,328 sq.ft.	$539,000	Airbnb cash on cash: 2.12% Traditional cash on cash: 3.65% Airbnb Rental Income: $3651 Traditional Rental Income: $3625 Airbnb ROI: 2.12% Traditional ROI: 3.65%
55 E Shore Circle Ithaca, NY Don't want to wait 2-years for a new build? This Contemporary style new construction is r...	4 beds \| 4 baths \| 3,680 sq.ft.	$739,000	Airbnb cash on cash: 2.29% Traditional cash on cash: 2.38% Airbnb Rental Income: $4466 Traditional Rental Income: $3596 Airbnb ROI: 2.29% Traditional ROI: 2.38%
409 WILLOW Avenue Ithaca, NY Prime location in downtown Fall Creek. This charming 3 bed, 1.5 bath home has had a faceli...	3 beds \| 2 baths \| 1,408 sq.ft.	$320,000	Airbnb cash on cash: 7.73% Traditional cash on cash: 5.74% Airbnb Rental Income: $4484 Traditional Rental Income: $2950 Airbnb ROI: 7.73% Traditional ROI: 5.74%
414 STEWART Avenue Ithaca, NY Welcome to your next opportunity at 414 Stewart Avenue, a remarkable multi-family property...	14 beds \| N/A baths \| 4,760 sq.ft.	$1,300,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.14% Airbnb Rental Income: $null Traditional Rental Income: $3961 Airbnb ROI: N/A Traditional ROI: -0.14%
108 Ferris Place Ithaca, NY Great opportunity to own a Collegetown investment property that has been completely and ta...	8 beds \| 3 baths \| 3,227 sq.ft.	$675,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.16% Airbnb Rental Income: $null Traditional Rental Income: $3569 Airbnb ROI: N/A Traditional ROI: 2.16%
32 Woodland Way Ithaca, NY New quality construction Woodland Park luxury townhome can be customized for you! Woodland...	3 beds \| 3 baths \| 3,927 sq.ft.	$615,000	Airbnb cash on cash: 1.86% Traditional cash on cash: 3.85% Airbnb Rental Income: $3509 Traditional Rental Income: $3883 Airbnb ROI: 1.86% Traditional ROI: 3.85%
2929 North TRIPHAMMER Road Ithaca, NY Nestled on a picturesque 7-acre property, this charming and modest farmhouse is a tranquil...	3 beds \| 1 baths \| 1,358 sq.ft.	$419,000	Airbnb cash on cash: 6.25% Traditional cash on cash: 3.89% Airbnb Rental Income: $4484 Traditional Rental Income: $2619 Airbnb ROI: 6.25% Traditional ROI: 3.89%
205 DEVON Road Ithaca, NY Welcome to one of the most exquisite estates Ithaca has ever known, located adjacent to Co...	5 beds \| 11 baths \| 7,525 sq.ft.	$2,999,900	Airbnb cash on cash: -0.51% Traditional cash on cash: -1.26% Airbnb Rental Income: $9539 Traditional Rental Income: $5685 Airbnb ROI: -0.51% Traditional ROI: -1.26%
133 Larisa Lane Ithaca, NY Designed for glorious living in beauty, luxury, comfort, and space - this home has everyth...	4 beds \| 4 baths \| 3,950 sq.ft.	$969,000	Airbnb cash on cash: 1.64% Traditional cash on cash: 1.86% Airbnb Rental Income: $5045 Traditional Rental Income: $4215 Airbnb ROI: 1.64% Traditional ROI: 1.86%
131 Larisa Lane Ithaca, NY To Be Built in the Upscale Westview Subdivision. Municipal Services. Sidewalk community. 2...	4 beds \| 7 baths \| 5,172 sq.ft.	$935,000	Airbnb cash on cash: 1.8% Traditional cash on cash: 3.54% Airbnb Rental Income: $5045 Traditional Rental Income: $5535 Airbnb ROI: 1.8% Traditional ROI: 3.54%
1479 Slaterville Road Ithaca, NY Fantastic investment opportunity with this up/down duplex. Convenient location with fast a...	5 beds \| 3 baths \| 2,048 sq.ft.	$335,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.15% Airbnb Rental Income: $null Traditional Rental Income: $3430 Airbnb ROI: N/A Traditional ROI: 7.15%
326 East Falls Street Ithaca, NY Three-unit downtown Ithaca across from Ithaca Falls, on bus route and walking distance to ...	N/A beds \| N/A baths \| 2,676 sq.ft.	$429,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.56% Airbnb Rental Income: $null Traditional Rental Income: $2084 Airbnb ROI: N/A Traditional ROI: 1.56%
123 SIMSBURY Drive Ithaca, NY Welcome to 123 Simsbury - a lovely Cape Cod home with three floors of living space, in the...	4 beds \| 4 baths \| 3,034 sq.ft.	$550,000	Airbnb cash on cash: 6.72% Traditional cash on cash: 4.69% Airbnb Rental Income: $6491 Traditional Rental Income: $4175 Airbnb ROI: 6.72% Traditional ROI: 4.69%
111 Halcyon Hill Road Ithaca, NY Welcome to a piece of architectural history in Forest Home! This rare mid-century gem is a...	3 beds \| 3 baths \| 1,896 sq.ft.	$469,900	Airbnb cash on cash: 5% Traditional cash on cash: 4.32% Airbnb Rental Income: $4477 Traditional Rental Income: $3244 Airbnb ROI: 5% Traditional ROI: 4.32%
92 Nor Way Ithaca, NY Italian villa style townhouse has the perfect combination of elegance, quality constructio...	3 beds \| 4 baths \| 2,600 sq.ft.	$598,500	Airbnb cash on cash: 3.66% Traditional cash on cash: 5.56% Airbnb Rental Income: $3509 Traditional Rental Income: $3799 Airbnb ROI: 3.66% Traditional ROI: 5.56%
619 North Aurora Street Ithaca, NY Great money maker in greatly desired Fall Creek location! Quiet building with an excellent...	5 beds \| 2 baths \| 2,656 sq.ft.	$445,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.62% Airbnb Rental Income: $null Traditional Rental Income: $2911 Airbnb ROI: N/A Traditional ROI: 2.62%
513-511 Dryden Road Ithaca, NY Conveniently located just steps away from the campus of Cornell University. This 5 bedroom...	5 beds \| 2 baths \| 2,342 sq.ft.	$599,000	Airbnb cash on cash: -0.72% Traditional cash on cash: 1.19% Airbnb Rental Income: $2658 Traditional Rental Income: $3096 Airbnb ROI: -0.72% Traditional ROI: 1.19%
403 South Cayuga Street Ithaca, NY Fully Rented through 2023-2024 rental period!! Ithaca investment opportunity!! Located 2 b...	6 beds \| 3 baths \| 2,804 sq.ft.	$399,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.53% Airbnb Rental Income: $null Traditional Rental Income: $3370 Airbnb ROI: N/A Traditional ROI: 4.53%
406 West Court Street Street West Ithaca, NY This circa 1890's Victorian home retains many original details with original wood trim and...	4 beds \| 2 baths \| 1,800 sq.ft.	$335,000	Airbnb cash on cash: 7.2% Traditional cash on cash: 5.94% Airbnb Rental Income: $4466 Traditional Rental Income: $3136 Airbnb ROI: 7.2% Traditional ROI: 5.94%
180 Kendall Avenue Ithaca, NY Opportunity to own an investment property in the heart of a college community. Fully rente...	6 beds \| 5 baths \| 2,832 sq.ft.	$650,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.29% Airbnb Rental Income: $null Traditional Rental Income: $5248 Airbnb ROI: N/A Traditional ROI: 5.29%

Real Estate investment in Ithaca, NY

There are 116 properties for sale in the city of Ithaca . The median list price in Ithaca is $434,500 and the average price per square foot is $175. In April 2024, the average monthly cash on cash return in Ithaca is 4.00%. The average monthly rental income in Ithaca is $3,146.

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

There are 116 investment properties available for sale in Ithaca.

In 2024, the best neighborhood to buy investment property is Northwest Ithaca.

The ROI for Short-Term is higher than the Long-Term in Ithaca with average rental income of $4,466.

Your search for investment property begins and ends here

Investment Property for Sale in Ithaca, NY

527 Spencer Road

Ithaca, NY

6 beds | 3 baths | 3,072 sq.ft.

$274,900

Airbnb cash on cash: N/A

Traditional cash on cash: 8.89%

Airbnb Rental Income: $null

Traditional Rental Income: $3339

Airbnb ROI: N/A

Traditional ROI: 8.89%

102 Penny Lane

Ithaca, NY

2 beds | 2 baths | 1,536 sq.ft.

$349,000

Airbnb cash on cash: 2.74%

Traditional cash on cash: 4.08%

Airbnb Rental Income: $2515

Traditional Rental Income: $2349

Airbnb ROI: 2.74%

Traditional ROI: 4.08%

409 HANCOCK Street

Ithaca, NY

4 beds | 2 baths | 1,528 sq.ft.

$340,000

Airbnb cash on cash: 6.88%

Traditional cash on cash: 5.09%

Airbnb Rental Income: $4466

Traditional Rental Income: $2960

Airbnb ROI: 6.88%

Traditional ROI: 5.09%

515 Dryden Road

Ithaca, NY

3 beds | 3 baths | 2,088 sq.ft.

$480,000

Airbnb cash on cash: 4.42%

Traditional cash on cash: 4.46%

Airbnb Rental Income: $4477

Traditional Rental Income: $3558

Airbnb ROI: 4.42%

Traditional ROI: 4.46%

315 Old Gorge Road

Ithaca, NY

4 beds | 5 baths | 4,707 sq.ft.

$830,000

Airbnb cash on cash: 1.79%

Traditional cash on cash: 3.54%

Airbnb Rental Income: $5045

Traditional Rental Income: $5364

Airbnb ROI: 1.79%

Traditional ROI: 3.54%

2 Oakwood Drive

Ithaca, NY

4 beds | 4 baths | 2,885 sq.ft.

$899,000

Airbnb cash on cash: 3.42%

Traditional cash on cash: 1.93%

Airbnb Rental Income: $6491

Traditional Rental Income: $3976

Airbnb ROI: 3.42%

Traditional ROI: 1.93%

102 SUNSET Drive

Ithaca, NY

3 beds | 3 baths | 2,728 sq.ft.

$699,000

Airbnb cash on cash: 1.62%

Traditional cash on cash: 2.23%

Airbnb Rental Income: $4484

Traditional Rental Income: $3943

Airbnb ROI: 1.62%

Traditional ROI: 2.23%

111 RANDOLPH Road

Ithaca, NY

4 beds | 3 baths | 2,882 sq.ft.

$544,900

Airbnb cash on cash: 3.1%

Traditional cash on cash: 3.48%

Airbnb Rental Income: $4466

Traditional Rental Income: $3728

Airbnb ROI: 3.1%