Real Estate Investment Properties for Sale in Iowa

Looking for investment property in Iowa with high ROI ?

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

Q: Which city in Iowa to invest in for highest ROI on long term rental properties in 2026

In 2026, Eldorais the best city to buy investment properties. Find more investment properties today!

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1235 Front Street Garner, IA Built in 2014 - beautiful custom kitchen with quartz counters, stainless appliances, pantr...	3 beds \| 3 baths \| 2,252 sq.ft.	$295,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.22% Airbnb Rental Income: $null Traditional Rental Income: $2981 Airbnb ROI: N/A Traditional ROI: 8.22%
213 Jefferson St ROCKWELL, IA Space, updates, and a location that's hard to beat! Situated just a half block from the el...	4 beds \| 2 baths \| 2,336 sq.ft.	$256,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.07% Airbnb Rental Income: $null Traditional Rental Income: $2580 Airbnb ROI: N/A Traditional ROI: 8.07%
3000 Wilson Ave SW #3 Cedar Rapids, IA Convenience meets character in this charming first-floor condo! Ideally located on the SW ...	2 beds \| 1 baths \| 922 sq.ft.	$122,500	Airbnb cash on cash: -2.09% Traditional cash on cash: 9.7% Airbnb Rental Income: $668 Traditional Rental Income: $1759 Airbnb ROI: -2.09% Traditional ROI: 9.7%
706 Filmore Avenue SE Bondurant, IA This 2-story home with solid bones, offering a strong value-add opportunity through cosmet...	4 beds \| 4 baths \| 1,382 sq.ft.	$202,860	Airbnb cash on cash: 3.24% Traditional cash on cash: 7.34% Airbnb Rental Income: $1925 Traditional Rental Income: $2204 Airbnb ROI: 3.24% Traditional ROI: 7.34%
624 Rose Avenue Des Moines, IA Welcome to 624 Rose Ave in Des Moines, a move-in ready home packed with updates and space ...	2 beds \| 1 baths \| 920 sq.ft.	$200,000	Airbnb cash on cash: 0.13% Traditional cash on cash: 3.69% Airbnb Rental Income: $1003 Traditional Rental Income: $1322 Airbnb ROI: 0.13% Traditional ROI: 3.69%
2318 56th Street Des Moines, IA Welcome home! This clean and updated 3-bedroom, 1-bath home sits in a great spot near Merl...	3 beds \| 1 baths \| 1,065 sq.ft.	$212,000	Airbnb cash on cash: 1.45% Traditional cash on cash: 2.67% Airbnb Rental Income: $1309 Traditional Rental Income: $1148 Airbnb ROI: 1.45% Traditional ROI: 2.67%
2400 45th Street Des Moines, IA Solid Beaverdale Opportunity - Perfect Starter Home or Smart Investment! Discover this inv...	2 beds \| 2 baths \| 909 sq.ft.	$165,000	Airbnb cash on cash: 0.86% Traditional cash on cash: 7.45% Airbnb Rental Income: $1003 Traditional Rental Income: $1684 Airbnb ROI: 0.86% Traditional ROI: 7.45%
3216 Woodland Avenue Des Moines, IA This lovely North of Grand home was recently remodeled boasting a lot more living space th...	4 beds \| 2 baths \| 1,551 sq.ft.	$304,900	Airbnb cash on cash: 1.17% Traditional cash on cash: 5.41% Airbnb Rental Income: $1689 Traditional Rental Income: $2436 Airbnb ROI: 1.17% Traditional ROI: 5.41%
1407 41st Place Des Moines, IA Dreaming of a picture-perfect home where every update has already been completed? This cha...	3 beds \| 3 baths \| 1,584 sq.ft.	$339,900	Airbnb cash on cash: -0.29% Traditional cash on cash: 4.83% Airbnb Rental Income: $1309 Traditional Rental Income: $2537 Airbnb ROI: -0.29% Traditional ROI: 4.83%
3832 13th Street Des Moines, IA Move in now, add equity later. This highly livable 3 bedroom 2 bathroom home has fresh pai...	3 beds \| 2 baths \| 1,178 sq.ft.	$160,000	Airbnb cash on cash: 2.52% Traditional cash on cash: 9.4% Airbnb Rental Income: $1309 Traditional Rental Income: $1953 Airbnb ROI: 2.52% Traditional ROI: 9.4%
2207 Sunflower Street Perry, IA Take advantage of the remaining tax abatement on this spacious 4 bedroom, 2.5 bathroom pro...	4 beds \| 3 baths \| 1,802 sq.ft.	$264,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.86% Airbnb Rental Income: $null Traditional Rental Income: $2852 Airbnb ROI: N/A Traditional ROI: 9.86%
1416 NW Pine View Circle Ankeny, IA Welcome to this beautifully maintained 5-bedroom, 4-bath home nestled in a desirable Anken...	5 beds \| 4 baths \| 2,205 sq.ft.	$539,000	Airbnb cash on cash: 2.71% Traditional cash on cash: 4.92% Airbnb Rental Income: $2584 Traditional Rental Income: $3076 Airbnb ROI: 2.71% Traditional ROI: 4.92%
2103 Governor Road Marshalltown, IA This amazing home is move in ready! Every room has been updated. New LVP flooring througho...	3 beds \| 2 baths \| 1,292 sq.ft.	$290,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.84% Airbnb Rental Income: $null Traditional Rental Income: $2258 Airbnb ROI: N/A Traditional ROI: 5.84%
709 Ashworth Road West Des Moines, IA Super cute all brick ranch w/metal roof, replacement windows & 1 car attached garage make ...	3 beds \| 1 baths \| 952 sq.ft.	$259,000	Airbnb cash on cash: 2.11% Traditional cash on cash: 4.36% Airbnb Rental Income: $1609 Traditional Rental Income: $1703 Airbnb ROI: 2.11% Traditional ROI: 4.36%
1005 S Roche Street Knoxville, IA Welcome to your own personal oasis nestled on 2.4 M/L acres, this beautifully maintained 4...	4 beds \| 3 baths \| 1,912 sq.ft.	$400,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.3% Airbnb Rental Income: $null Traditional Rental Income: $2916 Airbnb ROI: N/A Traditional ROI: 5.3%
416 SE 15th Street Grimes, IA You're going to love this beautiful 4 bed, 2.5 bath home located in one of Grimes' most co...	4 beds \| 3 baths \| 1,835 sq.ft.	$389,900	Airbnb cash on cash: -0.35% Traditional cash on cash: 4.37% Airbnb Rental Income: $1416 Traditional Rental Income: $2720 Airbnb ROI: -0.35% Traditional ROI: 4.37%
703 W North Street Winterset, IA This Winterset Ranch has 2 spacious BRs and newer LVP flooring in main living area. Open L...	2 beds \| 1 baths \| 950 sq.ft.	$160,000	Airbnb cash on cash: 1.16% Traditional cash on cash: 7% Airbnb Rental Income: $978 Traditional Rental Income: $1518 Airbnb ROI: 1.16% Traditional ROI: 7%
801 6th Avenue N Humboldt, IA CHARM AND CHARACTER ABOUND in this 3 bed, 1.5 bath 2 story home. Enjoy the old world charm...	3 beds \| 3 baths \| 2,048 sq.ft.	$199,999	Airbnb cash on cash: N/A Traditional cash on cash: 10.55% Airbnb Rental Income: $null Traditional Rental Income: $2634 Airbnb ROI: N/A Traditional ROI: 10.55%
3 Deer Creek Ct MASON CITY, IA Luxury Energy Efficient Home at 3 Deer Creek Court This custom-built two-story home blends...	4 beds \| 3 baths \| 5,710 sq.ft.	$699,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.41% Airbnb Rental Income: $null Traditional Rental Income: $2492 Airbnb ROI: N/A Traditional ROI: 1.41%
2522 235th Street MILFORD, IA Peaceful country living on over half an acre! This charming farmhouse has been taken down ...	3 beds \| 2 baths \| 1,042 sq.ft.	$250,000	Airbnb cash on cash: 2.1% Traditional cash on cash: 6.2% Airbnb Rental Income: $1323 Traditional Rental Income: $1880 Airbnb ROI: 2.1% Traditional ROI: 6.2%
467 Rohr St Arnolds Park, IA On the Bike Trails, along with walking to Arnolds Park Amusement Park, Swim Beaches and al...	6 beds \| 3 baths \| 2,466 sq.ft.	$450,000	Airbnb cash on cash: 4.19% Traditional cash on cash: 4.35% Airbnb Rental Income: $3238 Traditional Rental Income: $2575 Airbnb ROI: 4.19% Traditional ROI: 4.35%
171 Linden Dr. Arnolds Park, IA Close to the action with plenty of space to entertain! This impressive 6-bedroom, 5-bathro...	6 beds \| 5 baths \| 3,778 sq.ft.	$734,900	Airbnb cash on cash: 1.69% Traditional cash on cash: 5.19% Airbnb Rental Income: $3238 Traditional Rental Income: $4907 Airbnb ROI: 1.69% Traditional ROI: 5.19%
1753 Foster Rd Iowa City, IA CLASSIC BROWNSTONE (right inside-unit) two-level, vintage-style brick townhouse has 2 BRs ...	2 beds \| 3 baths \| 2,241 sq.ft.	$459,900	Airbnb cash on cash: 1.21% Traditional cash on cash: 2.53% Airbnb Rental Income: $2625 Traditional Rental Income: $2565 Airbnb ROI: 1.21% Traditional ROI: 2.53%
855 Prairie St North Liberty, IA Backing directly to Centennial Park and the amphitheater, this updated home offers an incr...	4 beds \| 3 baths \| 1,507 sq.ft.	$512,000	Airbnb cash on cash: 0.31% Traditional cash on cash: 2.6% Airbnb Rental Income: $1948 Traditional Rental Income: $2531 Airbnb ROI: 0.31% Traditional ROI: 2.6%
12724 K-42 CO HWY Sloan, IA Come home to 12724 K42 County Highway in Sloan, IA. This 12.81 +\- acres, ranch home built...	2 beds \| 3 baths \| 3,424 sq.ft.	$699,900	Airbnb cash on cash: 0.03% Traditional cash on cash: 2.24% Airbnb Rental Income: $1682 Traditional Rental Income: $2656 Airbnb ROI: 0.03% Traditional ROI: 2.24%
1324 Sunset Drive Hampton, IA 3 bedroom, 2 bath split foyer home located on the east side of Hampton near the wellness c...	3 beds \| 2 baths \| 1,312 sq.ft.	$169,900	Airbnb cash on cash: N/A Traditional cash on cash: 10.31% Airbnb Rental Income: $null Traditional Rental Income: $2142 Airbnb ROI: N/A Traditional ROI: 10.31%
590 Allen Avenue Garner, IA Some homes simply have a story to tell-and this charming 3-bedroom home in Garner is one o...	3 beds \| 3 baths \| 1,744 sq.ft.	$275,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.8% Airbnb Rental Income: $null Traditional Rental Income: $2650 Airbnb ROI: N/A Traditional ROI: 7.8%
1345 Bush Avenue Garner, IA Welcome to 1345 Bush Avenue in Garner-an updated, move-in-ready home offering space, comfo...	4 beds \| 3 baths \| 2,132 sq.ft.	$357,500	Airbnb cash on cash: N/A Traditional cash on cash: 5.95% Airbnb Rental Income: $null Traditional Rental Income: $2897 Airbnb ROI: N/A Traditional ROI: 5.95%
3100 Garden Avenue Des Moines, IA Move-in ready ranch in a prime NW Des Moines location! Situated on a quiet street with con...	2 beds \| 1 baths \| 672 sq.ft.	$175,000	Airbnb cash on cash: 0.86% Traditional cash on cash: 5.52% Airbnb Rental Income: $1003 Traditional Rental Income: $1423 Airbnb ROI: 0.86% Traditional ROI: 5.52%
400 S 9th Street CLEAR LAKE, IA Lots of character in this 3-bedroom brick home, located in downtown Clear Lake! This home ...	3 beds \| 2 baths \| 1,641 sq.ft.	$249,000	Airbnb cash on cash: 1.06% Traditional cash on cash: 7.66% Airbnb Rental Income: $1216 Traditional Rental Income: $2376 Airbnb ROI: 1.06% Traditional ROI: 7.66%
1226 SE 1st Street Waverly, IA Situated on one of the most centrally located streets in Waverly, this two-story, four-bed...	4 beds \| 4 baths \| 2,252 sq.ft.	$390,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.74% Airbnb Rental Income: $null Traditional Rental Income: $3102 Airbnb ROI: N/A Traditional ROI: 5.74%
1006 6th Street NW Altoona, IA A GREAT OPPORTUNITY FOR THE RIGHT BUYER - whether that's an investor or someone ready to r...	3 beds \| 2 baths \| 880 sq.ft.	$180,000	Airbnb cash on cash: 2.64% Traditional cash on cash: 7.35% Airbnb Rental Income: $1468 Traditional Rental Income: $1841 Airbnb ROI: 2.64% Traditional ROI: 7.35%
524 Linden Lane Boone, IA This well-maintained ranch-style home offers comfortable main-level living with welcoming ...	3 beds \| 2 baths \| 1,332 sq.ft.	$290,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.27% Airbnb Rental Income: $null Traditional Rental Income: $2119 Airbnb ROI: N/A Traditional ROI: 5.27%
415 Peace St Pella, IA Well Constructed Brick Ranch home in a great location; walking distance to downtown histor...	3 beds \| 1 baths \| 1,220 sq.ft.	$299,000	Airbnb cash on cash: 2.55% Traditional cash on cash: 3.18% Airbnb Rental Income: $2086 Traditional Rental Income: $1727 Airbnb ROI: 2.55% Traditional ROI: 3.18%
3005 SW Townpark Drive Ankeny, IA Welcome to a beautifully spacious home in one of Ankeny's most desirable locations-just st...	3 beds \| 3 baths \| 1,453 sq.ft.	$299,000	Airbnb cash on cash: 0.26% Traditional cash on cash: 5.09% Airbnb Rental Income: $1282 Traditional Rental Income: $2239 Airbnb ROI: 0.26% Traditional ROI: 5.09%
5107 SW 16th Place Des Moines, IA Don't miss this spacious Southside split-level home offering 4 bedrooms, 2 bathrooms, and ...	4 beds \| 2 baths \| 1,152 sq.ft.	$275,000	Airbnb cash on cash: 1.41% Traditional cash on cash: 4.07% Airbnb Rental Income: $1689 Traditional Rental Income: $1908 Airbnb ROI: 1.41% Traditional ROI: 4.07%
1909 Beach Street Webster City, IA Well-maintained and thoughtfully designed 2+ bedroom, 2.5 bath townhome tucked into a quie...	2 beds \| 4 baths \| 1,995 sq.ft.	$349,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.24% Airbnb Rental Income: $null Traditional Rental Income: $2797 Airbnb ROI: N/A Traditional ROI: 5.24%
800 Pepper Dr Iowa City, IA Spacious east side multi-level with room for everyone. This inviting move in ready 4 bedro...	4 beds \| 3 baths \| 1,622 sq.ft.	$349,900	Airbnb cash on cash: 2.42% Traditional cash on cash: 4.26% Airbnb Rental Income: $2311 Traditional Rental Income: $2340 Airbnb ROI: 2.42% Traditional ROI: 4.26%
3700 SW 34th Place Des Moines, IA SW Des Moines home with all the major updates: roof, windows, kitchen, main floor LVP, pai...	4 beds \| 4 baths \| 2,047 sq.ft.	$399,900	Airbnb cash on cash: -0.01% Traditional cash on cash: 4.55% Airbnb Rental Income: $1689 Traditional Rental Income: $2931 Airbnb ROI: -0.01% Traditional ROI: 4.55%
1102 Ridgetop Drive Huxley, IA Located in one of Huxley's most desirable neighborhoods-where homes rarely come available-...	4 beds \| 4 baths \| 1,616 sq.ft.	$460,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.57% Airbnb Rental Income: $null Traditional Rental Income: $2819 Airbnb ROI: N/A Traditional ROI: 3.57%

Real Estate investment in Iowa

There are 11,187 properties available for sale in the state of Iowa. Eldora, Sioux City and Davenport are the best rental property markets in Iowa. The average median price of properties for sale in these cities are $239,717 and the average price per square foot is $0. Their average monthly cash on cash return is 7.67%.

Iowa Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 11,187 investment properties available for sale in Iowa.

In 2026, Eldora is the best city to buy investment properties. Find more investment properties today!

In 2026, Eldora (11%) and Sioux City (7%) has the highest cash on cash return for long term rentals in Iowa.

Your search for investment property begins and ends here

Investment Property for Sale in Iowa

1235 Front Street

Garner, IA

3 beds | 3 baths | 2,252 sq.ft.

$295,000

Airbnb cash on cash: N/A

Traditional cash on cash: 8.22%

Airbnb Rental Income: $null

Traditional Rental Income: $2981

Airbnb ROI: N/A

Traditional ROI: 8.22%

213 Jefferson St

ROCKWELL, IA

4 beds | 2 baths | 2,336 sq.ft.

$256,000

Airbnb cash on cash: N/A

Traditional cash on cash: 8.07%

Airbnb Rental Income: $null

Traditional Rental Income: $2580

Airbnb ROI: N/A

Traditional ROI: 8.07%

3000 Wilson Ave SW #3

Cedar Rapids, IA

2 beds | 1 baths | 922 sq.ft.

$122,500

Airbnb cash on cash: -2.09%

Traditional cash on cash: 9.7%

Airbnb Rental Income: $668

Traditional Rental Income: $1759

Airbnb ROI: -2.09%

Traditional ROI: 9.7%

706 Filmore Avenue SE

Bondurant, IA

4 beds | 4 baths | 1,382 sq.ft.

$202,860

Airbnb cash on cash: 3.24%

Traditional cash on cash: 7.34%

Airbnb Rental Income: $1925

Traditional Rental Income: $2204

Airbnb ROI: 3.24%

Traditional ROI: 7.34%

624 Rose Avenue

Des Moines, IA

2 beds | 1 baths | 920 sq.ft.

$200,000

Airbnb cash on cash: 0.13%

Traditional cash on cash: 3.69%

Airbnb Rental Income: $1003

Traditional Rental Income: $1322

Airbnb ROI: 0.13%

Traditional ROI: 3.69%

2318 56th Street

Des Moines, IA

3 beds | 1 baths | 1,065 sq.ft.

$212,000

Airbnb cash on cash: 1.45%

Traditional cash on cash: 2.67%

Airbnb Rental Income: $1309

Traditional Rental Income: $1148

Airbnb ROI: 1.45%

Traditional ROI: 2.67%

2400 45th Street

Des Moines, IA

2 beds | 2 baths | 909 sq.ft.

$165,000

Airbnb cash on cash: 0.86%

Traditional cash on cash: 7.45%

Airbnb Rental Income: $1003

Traditional Rental Income: $1684

Airbnb ROI: 0.86%

Traditional ROI: 7.45%

3216 Woodland Avenue

Des Moines, IA

4 beds | 2 baths | 1,551 sq.ft.

$304,900

Airbnb cash on cash: 1.17%

Traditional cash on cash: 5.41%

Airbnb Rental Income: $1689

Traditional Rental Income: $2436

Airbnb ROI: 1.17%