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, Charles Cityis the best city to buy investment properties. Find more investment properties today!

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
201 30th Street MILFORD, IA Located on a corner lot in the Hunter Hills neighborhood, this well-maintained 3-bedroom, ...	3 beds \| 3 baths \| 1,672 sq.ft.	$339,000	Airbnb cash on cash: 1.21% Traditional cash on cash: 11.03% Airbnb Rental Income: $1552 Traditional Rental Income: $4233 Airbnb ROI: 1.21% Traditional ROI: 11.03%
2505 Jackson Cir Spirit Lake, IA Nestled into the quite cul-de-sac in the highly sought after neighborhood next the schools...	4 beds \| 1 baths \| 1,592 sq.ft.	$295,000	Airbnb cash on cash: 4.61% Traditional cash on cash: 10.86% Airbnb Rental Income: $2448 Traditional Rental Income: $3588 Airbnb ROI: 4.61% Traditional ROI: 10.86%
1235 Front St 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%
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: -2.82% Traditional cash on cash: 9.7% Airbnb Rental Income: $564 Traditional Rental Income: $1759 Airbnb ROI: -2.82% Traditional ROI: 9.7%
7300 Prairie Avenue Urbandale, IA You'll enjoy the updated kitchen with hard-surface counter tops, new cabinets, and tile fl...	4 beds \| 3 baths \| 1,780 sq.ft.	$315,000	Airbnb cash on cash: 1.74% Traditional cash on cash: 4.88% Airbnb Rental Income: $1822 Traditional Rental Income: $2262 Airbnb ROI: 1.74% Traditional ROI: 4.88%
1134 10th Street Nevada, IA Welcome to 1134 10th Street in Nevada, where timeless character meets thoughtful modern up...	3 beds \| 2 baths \| 1,655 sq.ft.	$239,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.42% Airbnb Rental Income: $null Traditional Rental Income: $1571 Airbnb ROI: N/A Traditional ROI: 4.42%
4510 Twain Circle #206 Ames, IA There's something different about having a space that's truly yours. This charming 1-bedro...	1 beds \| 1 baths \| 658 sq.ft.	$134,900	Airbnb cash on cash: 1.9% Traditional cash on cash: 8.88% Airbnb Rental Income: $963 Traditional Rental Income: $1518 Airbnb ROI: 1.9% Traditional ROI: 8.88%
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.	$209,999	Airbnb cash on cash: 1.9% Traditional cash on cash: 2.71% Airbnb Rental Income: $1411 Traditional Rental Income: $1148 Airbnb ROI: 1.9% Traditional ROI: 2.71%
1504 Porter Avenue Des Moines, IA Move-in ready 2BR, 1BA home with a versatile flex room ideal for a home office, playroom, ...	2 beds \| 1 baths \| 864 sq.ft.	$159,000	Airbnb cash on cash: 0.78% Traditional cash on cash: 6.56% Airbnb Rental Income: $974 Traditional Rental Income: $1501 Airbnb ROI: 0.78% Traditional ROI: 6.56%
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: 3.08% Traditional cash on cash: 9.4% Airbnb Rental Income: $1411 Traditional Rental Income: $1953 Airbnb ROI: 3.08% 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.	$259,900	Airbnb cash on cash: N/A Traditional cash on cash: 10.06% Airbnb Rental Income: $null Traditional Rental Income: $2852 Airbnb ROI: N/A Traditional ROI: 10.06%
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.	$529,000	Airbnb cash on cash: 3.14% Traditional cash on cash: 5.03% Airbnb Rental Income: $2798 Traditional Rental Income: $3076 Airbnb ROI: 3.14% Traditional ROI: 5.03%
208 North St Zearing, IA 4 bedroom 2 bath updated home! Lots of updates New roof, carpet, siding, bathroom. The ext...	4 beds \| 1 baths \| 1,248 sq.ft.	$245,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.82% Airbnb Rental Income: $null Traditional Rental Income: $1870 Airbnb ROI: N/A Traditional ROI: 5.82%
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%
1104 Phillips St Polk City, IA Now priced below-assessed value! This exquisitely renovated residence is situated in a pr...	3 beds \| 2 baths \| 1,676 sq.ft.	$325,000	Airbnb cash on cash: 1.67% Traditional cash on cash: 5.42% Airbnb Rental Income: $1990 Traditional Rental Income: $2616 Airbnb ROI: 1.67% Traditional ROI: 5.42%
4702 W 13th St Davenport, IA Beautiful new construction ranch in the Eagle's Crest addition. 3 bedrooms, 2 baths, large...	4 beds \| 3 baths \| 1,362 sq.ft.	$349,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.7% Airbnb Rental Income: $null Traditional Rental Income: $2024 Airbnb ROI: N/A Traditional ROI: 4.7%
2618 3rd Avenue SW Altoona, IA This well-maintained two-story offers 1,817 sq. ft. above grade plus a beautifully finishe...	4 beds \| 4 baths \| 1,817 sq.ft.	$370,000	Airbnb cash on cash: 1.18% Traditional cash on cash: 5.82% Airbnb Rental Income: $1893 Traditional Rental Income: $3001 Airbnb ROI: 1.18% Traditional ROI: 5.82%
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: -0.47% Traditional cash on cash: 5.3% Airbnb Rental Income: $1127 Traditional Rental Income: $2916 Airbnb ROI: -0.47% 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: 1.09% Traditional cash on cash: 4.37% Airbnb Rental Income: $2048 Traditional Rental Income: $2720 Airbnb ROI: 1.09% Traditional ROI: 4.37%
107 Sunrise Dr Tipton, IA .	3 beds \| 3 baths \| 1,917 sq.ft.	$280,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.22% Airbnb Rental Income: $null Traditional Rental Income: $2807 Airbnb ROI: N/A Traditional ROI: 8.22%
801 6th Ave N Humboldt, IA CHARM AND CHARACTER ABOUND in this 3 bed, 1.5 bath 2 story home. Enjoy the old world charm...	3 beds \| 1 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%
2522 235th St 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.	$242,000	Airbnb cash on cash: 3.04% Traditional cash on cash: 6.43% Airbnb Rental Income: $1552 Traditional Rental Income: $1880 Airbnb ROI: 3.04% Traditional ROI: 6.43%
810 Lakeview Dr Arnolds Park, IA 8 Homes SOLD! 5 Homes available! Take a look inside the Cobalt Home that is second to none...	3 beds \| 2 baths \| 1,530 sq.ft.	$499,900	Airbnb cash on cash: 0.38% Traditional cash on cash: 2.85% Airbnb Rental Income: $1642 Traditional Rental Income: $2336 Airbnb ROI: 0.38% Traditional ROI: 2.85%
605 Blue Heron Rd Arnolds Park, IA 8 Homes SOLD! 5 Homes available! Lake Access!! Gleaming with charm in 1,534 sq ft, the Sap...	3 beds \| 2 baths \| 1,537 sq.ft.	$529,000	Airbnb cash on cash: 0.31% Traditional cash on cash: 2.64% Airbnb Rental Income: $1642 Traditional Rental Income: $2334 Airbnb ROI: 0.31% Traditional ROI: 2.64%
467 Rohr St Arnolds Park, IA Welcome to this spacious and versatile home in the heart of Arnolds Park! Offering 4 bedro...	4 beds \| 3 baths \| 2,466 sq.ft.	$399,900	Airbnb cash on cash: 2.04% Traditional cash on cash: 4.7% Airbnb Rental Income: $2117 Traditional Rental Income: $2575 Airbnb ROI: 2.04% Traditional ROI: 4.7%
2609 1st Avenue SW Cedar Rapids, IA Situated on nearly 3/4 of an acre in a convenient Cedar Rapids location, this ranch style ...	3 beds \| 2 baths \| 1,422 sq.ft.	$282,500	Airbnb cash on cash: 0.68% Traditional cash on cash: 6.08% Airbnb Rental Income: $1275 Traditional Rental Income: $2311 Airbnb ROI: 0.68% Traditional ROI: 6.08%
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: 0.48% Traditional cash on cash: 2.53% Airbnb Rental Income: $2247 Traditional Rental Income: $2565 Airbnb ROI: 0.48% Traditional ROI: 2.53%
4214 W Lakeshore Dr Brooklyn, IA Perfect home for fun and entertaining guests. Over 1800 square feet of exterior decks, pa...	7 beds \| 4 baths \| 3,776 sq.ft.	$625,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.72% Airbnb Rental Income: $null Traditional Rental Income: $3795 Airbnb ROI: N/A Traditional ROI: 3.72%
1035 N 6th Ave Washington, IA One level, brick home featuring 2 bedrooms, updated kitchen and bath, large laundry room a...	2 beds \| 1 baths \| 1,012 sq.ft.	$120,000	Airbnb cash on cash: 2.93% Traditional cash on cash: 8.29% Airbnb Rental Income: $1070 Traditional Rental Income: $1323 Airbnb ROI: 2.93% Traditional ROI: 8.29%
1335 Redbud Ave Tiffin, IA Welcome home to this 4 bedroom ranch zero-lot in Tiffin. This plan offers almost 2300 soft...	4 beds \| 3 baths \| 2,306 sq.ft.	$348,900	Airbnb cash on cash: 4.64% Traditional cash on cash: 6.87% Airbnb Rental Income: $2561 Traditional Rental Income: $2674 Airbnb ROI: 4.64% Traditional ROI: 6.87%
855 Prairie St North Liberty, IA Backing directly to Centennial Park and the amphitheater, this updated home offers an incr...	4 beds \| 3 baths \| 2,565 sq.ft.	$512,000	Airbnb cash on cash: -0.04% Traditional cash on cash: 2.6% Airbnb Rental Income: $1749 Traditional Rental Income: $2531 Airbnb ROI: -0.04% Traditional ROI: 2.6%
2000 Highland Rd Ely, IA Have Accepted offer with Contingencies. Showing still for backup offers. Price reduced. We...	4 beds \| 3 baths \| 2,252 sq.ft.	$345,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.49% Airbnb Rental Income: $null Traditional Rental Income: $3220 Airbnb ROI: N/A Traditional ROI: 7.49%
1107 Valleyway Dr GLENWOOD, IA Choice Location! Spacious 4 bdrm home with two family rooms. French doors open into a 24' ...	4 beds \| N/A baths \| 2,164 sq.ft.	$315,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.6% Airbnb Rental Income: $null Traditional Rental Income: $2076 Airbnb ROI: N/A Traditional ROI: 4.6%
25906 Grace Circle GLENWOOD, IA New to the market! Located just 4 miles northeast of Glenwood, Iowa, this stunning home si...	4 beds \| 5 baths \| 5,804 sq.ft.	$750,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.36% Airbnb Rental Income: $null Traditional Rental Income: $5198 Airbnb ROI: N/A Traditional ROI: 5.36%
12724 Co Hwy K-42 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.	$650,000	Airbnb cash on cash: 0.1% Traditional cash on cash: 2.48% Airbnb Rental Income: $1682 Traditional Rental Income: $2656 Airbnb ROI: 0.1% Traditional ROI: 2.48%
518 S Main Ave Sioux Center, IA There's so much charm and character in this new Sioux Center listing!! Built in 1912, this...	4 beds \| 3 baths \| 1,798 sq.ft.	$302,500	Airbnb cash on cash: N/A Traditional cash on cash: 7.59% Airbnb Rental Income: $null Traditional Rental Income: $2808 Airbnb ROI: N/A Traditional ROI: 7.59%
1042 Teres View Dr Sioux Center, IA Unit # 16 - Located in Teres View development overlooking The Ridge golf course, this unit...	3 beds \| 2 baths \| 3,270 sq.ft.	$550,000	Airbnb cash on cash: -1.86% Traditional cash on cash: 1.57% Airbnb Rental Income: $936 Traditional Rental Income: $2353 Airbnb ROI: -1.86% Traditional ROI: 1.57%
1020 Front St Garner, IA Prepare yourself to be Blown Away!! This large 2-Story Home has been gutted down to the st...	4 beds \| 2 baths \| 1,848 sq.ft.	$249,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.62% Airbnb Rental Income: $null Traditional Rental Income: $2487 Airbnb ROI: N/A Traditional ROI: 8.62%

Real Estate investment in Iowa

There are 19,711 properties available for sale in the state of Iowa. Charles City, Sioux City and Davenport are the best rental property markets in Iowa. The average median price of properties for sale in these cities are $194,033 and the average price per square foot is $0. Their average monthly cash on cash return is 7.33%.

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

There are 19,711 investment properties available for sale in Iowa.

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

In 2026, Charles City (10%) 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

201 30th Street

MILFORD, IA

3 beds | 3 baths | 1,672 sq.ft.

$339,000

Airbnb cash on cash: 1.21%

Traditional cash on cash: 11.03%

Airbnb Rental Income: $1552

Traditional Rental Income: $4233

Airbnb ROI: 1.21%

Traditional ROI: 11.03%

2505 Jackson Cir

Spirit Lake, IA

4 beds | 1 baths | 1,592 sq.ft.

$295,000

Airbnb cash on cash: 4.61%

Traditional cash on cash: 10.86%

Airbnb Rental Income: $2448

Traditional Rental Income: $3588

Airbnb ROI: 4.61%

Traditional ROI: 10.86%

1235 Front St

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%

3000 Wilson Ave SW #3

Cedar Rapids, IA

2 beds | 1 baths | 922 sq.ft.

$122,500

Airbnb cash on cash: -2.82%

Traditional cash on cash: 9.7%

Airbnb Rental Income: $564

Traditional Rental Income: $1759

Airbnb ROI: -2.82%

Traditional ROI: 9.7%

7300 Prairie Avenue

Urbandale, IA

4 beds | 3 baths | 1,780 sq.ft.

$315,000

Airbnb cash on cash: 1.74%

Traditional cash on cash: 4.88%

Airbnb Rental Income: $1822

Traditional Rental Income: $2262

Airbnb ROI: 1.74%

Traditional ROI: 4.88%

1134 10th Street

Nevada, IA

3 beds | 2 baths | 1,655 sq.ft.

$239,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.42%

Airbnb Rental Income: $null

Traditional Rental Income: $1571

Airbnb ROI: N/A

Traditional ROI: 4.42%

4510 Twain Circle #206

Ames, IA

1 beds | 1 baths | 658 sq.ft.

$134,900

Airbnb cash on cash: 1.9%

Traditional cash on cash: 8.88%

Airbnb Rental Income: $963

Traditional Rental Income: $1518

Airbnb ROI: 1.9%

Traditional ROI: 8.88%

2318 56th Street

Des Moines, IA

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

$209,999

Airbnb cash on cash: 1.9%

Traditional cash on cash: 2.71%

Airbnb Rental Income: $1411

Traditional Rental Income: $1148

Airbnb ROI: 1.9%