Real Estate Investments for Sale in Grinnell, IA With High ROI

Are you looking for a vacation rental in Grinnell, IA? 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 Grinnell, IA. Invest wisely with VRBO & Grinnell, IA 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 Grinnell, IA

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1830 Country Club Drive Grinnell, IA Rare opportunity to own updated ranch on Grinnell College golf course! Walk into the large...	4 beds \| 1 baths \| 1,316 sq.ft.	$279,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.47% Airbnb Rental Income: $null Traditional Rental Income: $1190 Airbnb ROI: N/A Traditional ROI: 1.47%
502 5Th Avenue Grinnell, IA Beautifully updated 3 bedroom, 1 bathroom home located on a corner lot in Grinnell. As you...	3 beds \| 1 baths \| 1,343 sq.ft.	$160,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.64% Airbnb Rental Income: $null Traditional Rental Income: $1037 Airbnb ROI: N/A Traditional ROI: 3.64%
2005 Spring Street Grinnell, IA Are you tired of shoveling snow or mowing the grass? Dreaming of a maintenance free life s...	2 beds \| 2 baths \| 1,290 sq.ft.	$159,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.44% Airbnb Rental Income: $null Traditional Rental Income: $1474 Airbnb ROI: N/A Traditional ROI: 6.44%
11 Garden Cottage Lane Grinnell, IA Looking for a newer home with 3 bedrooms, 2 bathrooms, main floor laundry, and a 2-car att...	3 beds \| 2 baths \| 1,469 sq.ft.	$259,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.73% Airbnb Rental Income: $null Traditional Rental Income: $1878 Airbnb ROI: N/A Traditional ROI: 4.73%
121 East Street Grinnell, IA This adorable Cape Cod styled 4 bedroom home is move in ready!Located just houses away fro...	4 beds \| 2 baths \| 1,415 sq.ft.	$229,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.4% Airbnb Rental Income: $null Traditional Rental Income: $1715 Airbnb ROI: N/A Traditional ROI: 5.4%
608 10Th Avenue Grinnell, IA One of Grinnell fine 4square home is available for purchase! This is a wonderfully kept ho...	3 beds \| 3 baths \| 1,648 sq.ft.	$279,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.71% Airbnb Rental Income: $null Traditional Rental Income: $1936 Airbnb ROI: N/A Traditional ROI: 4.71%
1814 3rd Avenue Grinnell, IA Take a look at this beautiful home! Step into the open living room with newer carpet and e...	3 beds \| 1 baths \| 850 sq.ft.	$165,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.11% Airbnb Rental Income: $null Traditional Rental Income: $1083 Airbnb ROI: N/A Traditional ROI: 4.11%
804 Summer Street Grinnell, IA Welcome to your dream home in the heart of Grinnell! This charming 2-story residence boast...	3 beds \| 1 baths \| 1,344 sq.ft.	$159,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.66% Airbnb Rental Income: $null Traditional Rental Income: $1040 Airbnb ROI: N/A Traditional ROI: 3.66%
1139 Hamlin Street Grinnell, IA Nicely remodeled 2 story on .41Ac. 2 bedroom 2 bath home w/ walk in closets. 3 Seasons Por...	2 beds \| 1 baths \| 1,348 sq.ft.	$149,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.5% Airbnb Rental Income: $null Traditional Rental Income: $816 Airbnb ROI: N/A Traditional ROI: 2.5%
1129 Spring Street Grinnell, IA Buyers. Great starter home. Ranch 2 bedroom 1 full bath. Kitchen with all the appliances a...	2 beds \| 1 baths \| 768 sq.ft.	$149,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.96% Airbnb Rental Income: $null Traditional Rental Income: $1094 Airbnb ROI: N/A Traditional ROI: 4.96%
1414 Main Street Grinnell, IA NEW PRICE!! NEW PRICE!! Beautiful piece of history! This home is located in the North Grin...	4 beds \| 2 baths \| 2,072 sq.ft.	$169,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.84% Airbnb Rental Income: $null Traditional Rental Income: $1612 Airbnb ROI: N/A Traditional ROI: 6.84%
324 1st Avenue Grinnell, IA Turn the key and move right in to this home with all renovation completed in 2021. Updates...	3 beds \| 1 baths \| 1,021 sq.ft.	$129,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.33% Airbnb Rental Income: $null Traditional Rental Income: $951 Airbnb ROI: N/A Traditional ROI: 4.33%
1421 Broad Street Grinnell, IA Reduced! Stunning 2 story house in North Grinnell! This meticulously cared for, restor...	4 beds \| 2 baths \| 2,178 sq.ft.	$315,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.83% Airbnb Rental Income: $null Traditional Rental Income: $1390 Airbnb ROI: N/A Traditional ROI: 1.83%
1025 Spring Street Grinnell, IA PRICE REDUCED!! Call Today!!Buyers seller is offering $2,000 towards your closing costs at...	4 beds \| 2 baths \| 1,342 sq.ft.	$250,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.47% Airbnb Rental Income: $null Traditional Rental Income: $1732 Airbnb ROI: N/A Traditional ROI: 4.47%
1413 Ann Street Grinnell, IA NICE PRICE REDUCTON!!!! Well maintained 3 bedroom 2 bath Ranch home close to parks and sch...	3 beds \| 1 baths \| 960 sq.ft.	$199,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.67% Airbnb Rental Income: $null Traditional Rental Income: $1074 Airbnb ROI: N/A Traditional ROI: 2.67%
1333 Broad Street Grinnell, IA New price of $396,000 - below assessed value! You need to see this! Location, location, lo...	4 beds \| 2 baths \| 3,300 sq.ft.	$396,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.55% Airbnb Rental Income: $null Traditional Rental Income: $1688 Airbnb ROI: N/A Traditional ROI: 1.55%
1132 West Street Grinnell, IA Potential rental opportunity!! 2 story home set up as 2 units or could potentially be conv...	N/A beds \| N/A baths \| 2,036 sq.ft.	$89,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.95% Airbnb Rental Income: $null Traditional Rental Income: $1004 Airbnb ROI: N/A Traditional ROI: 7.95%
1611 Spencer Street Grinnell, IA Inviting Ranch-Style Home with Brand New Roof and Gutters! Step into comfortable living w...	2 beds \| 2 baths \| 1,382 sq.ft.	$219,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.17% Airbnb Rental Income: $null Traditional Rental Income: $1664 Airbnb ROI: N/A Traditional ROI: 5.17%
813 1St Avenue Grinnell, IA This Home will have a new roof, siding and gutters. To be done in the next few months. Cal...	5 beds \| 2 baths \| 2,166 sq.ft.	$219,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.38% Airbnb Rental Income: $null Traditional Rental Income: $1946 Airbnb ROI: N/A Traditional ROI: 6.38%
821 8th Avenue Grinnell, IA Big 2-story home sitting on a corner lot close to Grinnell College and downtown. A little ...	5 beds \| 2 baths \| 2,779 sq.ft.	$200,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.46% Airbnb Rental Income: $null Traditional Rental Income: $1992 Airbnb ROI: N/A Traditional ROI: 7.46%
132 Pearl Street Grinnell, IA Nice sized ranch on double lot. This home has new siding and roof. The kitchen has been r...	3 beds \| 2 baths \| 1,536 sq.ft.	$199,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.11% Airbnb Rental Income: $null Traditional Rental Income: $1502 Airbnb ROI: N/A Traditional ROI: 5.11%
718 Hamilton Avenue Grinnell, IA THIS LOW MAINTENANCE HOME DOES NOT HAVE A BIG BACKYARD TO TEND TO! This adorable ranch has...	3 beds \| 1 baths \| 1,722 sq.ft.	$144,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.74% Airbnb Rental Income: $null Traditional Rental Income: $965 Airbnb ROI: N/A Traditional ROI: 3.74%
1433 West Street Grinnell, IA Huge price reduction!! This two story Craftsman has been continuously cared for, updated, ...	3 beds \| 3 baths \| 2,183 sq.ft.	$239,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.63% Airbnb Rental Income: $null Traditional Rental Income: $1942 Airbnb ROI: N/A Traditional ROI: 5.63%
601 11Th Avenue Grinnell, IA PRICE REDUCED PLUS $3,000 TOWARDS BUYERS CLOSING COSTS!!! Great location for this well mai...	2 beds \| 1 baths \| 2,108 sq.ft.	$289,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.85% Airbnb Rental Income: $null Traditional Rental Income: $995 Airbnb ROI: N/A Traditional ROI: 1.85%
1828 Spencer Street Grinnell, IA Very well maintained 4 bed, 3 bath home in a quiet neighborhood. Spacious throughout with...	4 beds \| 3 baths \| 1,920 sq.ft.	$267,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.15% Airbnb Rental Income: $null Traditional Rental Income: $2233 Airbnb ROI: N/A Traditional ROI: 6.15%
1016 Pearl Street Grinnell, IA Looking for an affordable rental property. 2 Units each with 1 bedroom 1 full bath, kitche...	N/A beds \| N/A baths \| 1,350 sq.ft.	$102,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.79% Airbnb Rental Income: $null Traditional Rental Income: $916 Airbnb ROI: N/A Traditional ROI: 5.79%
1507 Prince Street Grinnell, IA Step into this cozy home near the High School, Bailey Park grade school, and the Aquatic C...	2 beds \| 1 baths \| 960 sq.ft.	$175,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.04% Airbnb Rental Income: $null Traditional Rental Income: $986 Airbnb ROI: N/A Traditional ROI: 3.04%
308 Park Street Grinnell, IA Investment diversity- How often do you get multiple investment options with one property w...	3 beds \| 2 baths \| 1,400 sq.ft.	$240,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.38% Airbnb Rental Income: $null Traditional Rental Income: $1689 Airbnb ROI: N/A Traditional ROI: 4.38%
415 5th Avenue Grinnell, IA New listing that is move in ready and well maintained! All rooms are freshly painted and u...	3 beds \| 2 baths \| 1,532 sq.ft.	$160,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.49% Airbnb Rental Income: $null Traditional Rental Income: $1642 Airbnb ROI: N/A Traditional ROI: 7.49%
1920 Manor Circle Grinnell, IA Seller is offering a $5,000 interior decorating allowance to buyers! A wonderful custom ho...	4 beds \| 3 baths \| 2,024 sq.ft.	$297,500	Airbnb cash on cash: N/A Traditional cash on cash: 4.86% Airbnb Rental Income: $null Traditional Rental Income: $2221 Airbnb ROI: N/A Traditional ROI: 4.86%
1103 Main Street Grinnell, IA One of Grinnell's iconic homes- The Spaulding House- a buff colored stone home built by Ea...	5 beds \| 3 baths \| 4,763 sq.ft.	$394,500	Airbnb cash on cash: N/A Traditional cash on cash: 3.86% Airbnb Rental Income: $null Traditional Rental Income: $2579 Airbnb ROI: N/A Traditional ROI: 3.86%
351 370th Avenue Grinnell, IA Spectacular acreage offered for sale! 351 370th (16th Avenue) checks your boxes! Minutes f...	5 beds \| 4 baths \| 4,712 sq.ft.	$694,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.86% Airbnb Rental Income: $null Traditional Rental Income: $3298 Airbnb ROI: N/A Traditional ROI: 2.86%
1016 Elm Street Grinnell, IA Well cared for 2-story single-family home close to Grinnell's Central Park and Grinnell Co...	3 beds \| 2 baths \| 1,696 sq.ft.	$159,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.55% Airbnb Rental Income: $null Traditional Rental Income: $1625 Airbnb ROI: N/A Traditional ROI: 7.55%
2021 Spaulding Lane Grinnell, IA Why build when the perfect home is here now? This gorgeous 2021 ranch home in Prairie Poin...	5 beds \| 2 baths \| 1,826 sq.ft.	$515,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.79% Airbnb Rental Income: $null Traditional Rental Income: $2005 Airbnb ROI: N/A Traditional ROI: 1.79%
809 5th Avenue Grinnell, IA Outstanding investment opportunity within the same block as the college's new downtown res...	1 beds \| 1 baths \| 4,200 sq.ft.	$265,000	Airbnb cash on cash: 4.3% Traditional cash on cash: 1.4% Airbnb Rental Income: $2225 Traditional Rental Income: $941 Airbnb ROI: 4.3% Traditional ROI: 1.4%
1517 Summer Street Grinnell, IA Charming two-bedroom home featuring a single-story layout for effortless living. Located i...	2 beds \| 1 baths \| 1,020 sq.ft.	$135,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.91% Airbnb Rental Income: $null Traditional Rental Income: $1063 Airbnb ROI: N/A Traditional ROI: 4.91%
824 High Street Grinnell, IA Step into this charming 2-story home and be greeted by the warmth of the original hardwood...	4 beds \| 2 baths \| 2,451 sq.ft.	$219,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.74% Airbnb Rental Income: $null Traditional Rental Income: $1605 Airbnb ROI: N/A Traditional ROI: 4.74%
1318 Prince Street Grinnell, IA Well maintained ranch home nothing has been overlooked ask agent for all the details. 4 Be...	4 beds \| 1 baths \| 1,008 sq.ft.	$199,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.5% Airbnb Rental Income: $null Traditional Rental Income: $1185 Airbnb ROI: N/A Traditional ROI: 3.5%
1126 Elm Street Grinnell, IA Outstanding 2-story property built in 1893. 3,041+ sq. ft of charm but amenities and updat...	4 beds \| 2 baths \| 3,041 sq.ft.	$359,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.72% Airbnb Rental Income: $null Traditional Rental Income: $1863 Airbnb ROI: N/A Traditional ROI: 2.72%
626 Prairie Street Grinnell, IA Check out this home just steps from Grinnell Regional Medical Center and Thomazin Park! St...	3 beds \| 1 baths \| 990 sq.ft.	$92,500	Airbnb cash on cash: N/A Traditional cash on cash: 6.89% Airbnb Rental Income: $null Traditional Rental Income: $943 Airbnb ROI: N/A Traditional ROI: 6.89%

Real Estate investment in Grinnell, IA

There are 50 properties for sale in the city of Grinnell . The median list price in Grinnell is $219,000 and the average price per square foot is $115. In May 2024, the average monthly cash on cash return in Grinnell is 5.00%. The average monthly rental income in Grinnell is $1,619.

Grinnell, IA Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 50 investment properties available for sale in Grinnell.

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

The ROI for Long-Term is higher than the Short-Term in Grinnell with average rental income of $1,619.

Your search for investment property begins and ends here

Investment Property for Sale in Grinnell, IA

1830 Country Club Drive

Grinnell, IA

4 beds | 1 baths | 1,316 sq.ft.

$279,900

Airbnb cash on cash: N/A

Traditional cash on cash: 1.47%

Airbnb Rental Income: $null

Traditional Rental Income: $1190

Airbnb ROI: N/A

Traditional ROI: 1.47%

502 5Th Avenue

Grinnell, IA

3 beds | 1 baths | 1,343 sq.ft.

$160,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.64%

Airbnb Rental Income: $null

Traditional Rental Income: $1037

Airbnb ROI: N/A

Traditional ROI: 3.64%

2005 Spring Street

Grinnell, IA

2 beds | 2 baths | 1,290 sq.ft.

$159,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.44%

Airbnb Rental Income: $null

Traditional Rental Income: $1474

Airbnb ROI: N/A

Traditional ROI: 6.44%

11 Garden Cottage Lane

Grinnell, IA

3 beds | 2 baths | 1,469 sq.ft.

$259,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.73%

Airbnb Rental Income: $null

Traditional Rental Income: $1878

Airbnb ROI: N/A

Traditional ROI: 4.73%

121 East Street

Grinnell, IA

4 beds | 2 baths | 1,415 sq.ft.

$229,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.4%

Airbnb Rental Income: $null

Traditional Rental Income: $1715

Airbnb ROI: N/A

Traditional ROI: 5.4%

608 10Th Avenue

Grinnell, IA

3 beds | 3 baths | 1,648 sq.ft.

$279,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.71%

Airbnb Rental Income: $null

Traditional Rental Income: $1936

Airbnb ROI: N/A

Traditional ROI: 4.71%

1814 3rd Avenue

Grinnell, IA

3 beds | 1 baths | 850 sq.ft.

$165,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.11%

Airbnb Rental Income: $null

Traditional Rental Income: $1083

Airbnb ROI: N/A

Traditional ROI: 4.11%

804 Summer Street

Grinnell, IA

3 beds | 1 baths | 1,344 sq.ft.

$159,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.66%

Airbnb Rental Income: $null

Traditional Rental Income: $1040

Airbnb ROI: N/A