Real Estate Investment Properties for Sale in Iowa City, IA

Looking for investment property in Iowa City, IA with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
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: 0.91% Traditional cash on cash: 2.53% Airbnb Rental Income: $2467 Traditional Rental Income: $2565 Airbnb ROI: 0.91% Traditional ROI: 2.53%
2184 Willenbrock Cir Iowa City, IA MODEL FLOOR PLAN. SECOND FLOOR THREE-BEDROOM CONDOMINIUM. Comfortable, upscale 1,420 sq-ft...	3 beds \| 2 baths \| 1,420 sq.ft.	$345,000	Airbnb cash on cash: 0.74% Traditional cash on cash: 2.42% Airbnb Rental Income: $2113 Traditional Rental Income: $2114 Airbnb ROI: 0.74% Traditional ROI: 2.42%
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 \| 2,312 sq.ft.	$349,900	Airbnb cash on cash: 3.37% Traditional cash on cash: 4.26% Airbnb Rental Income: $2687 Traditional Rental Income: $2340 Airbnb ROI: 3.37% Traditional ROI: 4.26%
701 Caroline Ave Iowa City, IA This cute as a button ranch is affordable and ready for you to move into. Notice the brand...	3 beds \| 2 baths \| 1,092 sq.ft.	$275,000	Airbnb cash on cash: 1.28% Traditional cash on cash: 4.21% Airbnb Rental Income: $1372 Traditional Rental Income: $1714 Airbnb ROI: 1.28% Traditional ROI: 4.21%
63 Colchester Dr Iowa City, IA Welcome to a home that truly checks every box-space, style, and thoughtful upgrades throug...	4 beds \| 4 baths \| 2,448 sq.ft.	$450,000	Airbnb cash on cash: 0.89% Traditional cash on cash: 4.54% Airbnb Rental Income: $2127 Traditional Rental Income: $3121 Airbnb ROI: 0.89% Traditional ROI: 4.54%
437 Peterson St Iowa City, IA Stylish & sunny 2 bed, 1.5 bath townhouse condo with spacious rooms & plenty of storage sp...	2 beds \| 1 baths \| 1,376 sq.ft.	$154,000	Airbnb cash on cash: 2.68% Traditional cash on cash: 3.23% Airbnb Rental Income: $1605 Traditional Rental Income: $1229 Airbnb ROI: 2.68% Traditional ROI: 3.23%
74 Rita Lyn Ct Iowa City, IA Immaculately maintained one owner east side home! 4 BDRM/3.5 Bath with many recent update...	4 beds \| 3 baths \| 3,479 sq.ft.	$699,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.05% Airbnb Rental Income: $null Traditional Rental Income: $2787 Airbnb ROI: N/A Traditional ROI: 2.05%
1477 Buckingham Pl Iowa City, IA	3 beds \| 2 baths \| 2,152 sq.ft.	$365,000	Airbnb cash on cash: -0.22% Traditional cash on cash: 3.19% Airbnb Rental Income: $1597 Traditional Rental Income: $2312 Airbnb ROI: -0.22% Traditional ROI: 3.19%
1029 N Dodge St Iowa City, IA Charming turn-of-the-century brick farmhouse is designated as an Iowa City Historic Landma...	3 beds \| 1 baths \| 2,016 sq.ft.	$369,900	Airbnb cash on cash: 0.33% Traditional cash on cash: 2.21% Airbnb Rental Income: $1372 Traditional Rental Income: $1605 Airbnb ROI: 0.33% Traditional ROI: 2.21%
1816 Rochester Ave Iowa City, IA Windsor Heights 4-bdrm, 3-bth ranch built in 1959 has many renovations/upgrades and is clo...	4 beds \| 3 baths \| 1,970 sq.ft.	$325,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.79% Airbnb Rental Income: $null Traditional Rental Income: $2853 Airbnb ROI: N/A Traditional ROI: 6.79%
621 N Van Buren St Iowa City, IA Step into the heart of Iowa City's popular Northside neighborhood with this beautifully up...	4 beds \| 3 baths \| 2,048 sq.ft.	$375,000	Airbnb cash on cash: -1.22% Traditional cash on cash: 5.63% Airbnb Rental Income: $1001 Traditional Rental Income: $3055 Airbnb ROI: -1.22% Traditional ROI: 5.63%
765 Hanks Dr Iowa City, IA Immediate possession on this fantastic new const 4 BR zero-lot built by HBD in Churchill ...	4 beds \| 3 baths \| 2,374 sq.ft.	$385,000	Airbnb cash on cash: 3.1% Traditional cash on cash: 6.61% Airbnb Rental Income: $2138 Traditional Rental Income: $2860 Airbnb ROI: 3.1% Traditional ROI: 6.61%
285 Huntington Dr Iowa City, IA Beautiful, well-tended 3 bed, 2.5 bath townhouse condo on a quiet East side cul-de-sac wit...	3 beds \| 2 baths \| 1,882 sq.ft.	$260,000	Airbnb cash on cash: 1.02% Traditional cash on cash: 5.43% Airbnb Rental Income: $1597 Traditional Rental Income: $2225 Airbnb ROI: 1.02% Traditional ROI: 5.43%
600 Grandview Ct #603 Iowa City, IA Location, Location, Location! Two-bedroom, two-bathroom Grandview condo near UI Hospitals,...	2 beds \| 2 baths \| 1,105 sq.ft.	$279,000	Airbnb cash on cash: -0.16% Traditional cash on cash: 3.83% Airbnb Rental Income: $1297 Traditional Rental Income: $1940 Airbnb ROI: -0.16% Traditional ROI: 3.83%
108 Highland Dr Iowa City, IA Character-filled University Heights 3 Bed/1 Bath 1.5 Story Home, located on a quiet street...	4 beds \| 2 baths \| 1,793 sq.ft.	$499,900	Airbnb cash on cash: 2.87% Traditional cash on cash: 3.04% Airbnb Rental Income: $2940 Traditional Rental Income: $2340 Airbnb ROI: 2.87% Traditional ROI: 3.04%
4589 SE Sand Rd Iowa City, IA Single Family home on one acre in Johnson County close to City Limits that has been conver...	N/A beds \| N/A baths \| 1,896 sq.ft.	$175,000	Airbnb cash on cash: 2.6% Traditional cash on cash: 4.69% Airbnb Rental Income: $1209 Traditional Rental Income: $1167 Airbnb ROI: 2.6% Traditional ROI: 4.69%
4591 SE Sand Rd Iowa City, IA This is a Fishing & Hunting Paradise! This price includes three additional parcels (103535...	4 beds \| 2 baths \| 3,096 sq.ft.	$1,299,000	Airbnb cash on cash: 0.61% Traditional cash on cash: 0.59% Airbnb Rental Income: $3023 Traditional Rental Income: $2302 Airbnb ROI: 0.61% Traditional ROI: 0.59%
526 N Governor St Iowa City, IA Investor Alert! Great location on this unique 3 bedroom 3 bath home. Was once an up/down...	3 beds \| 3 baths \| 1,511 sq.ft.	$314,900	Airbnb cash on cash: 1.45% Traditional cash on cash: 4.3% Airbnb Rental Income: $1637 Traditional Rental Income: $2019 Airbnb ROI: 1.45% Traditional ROI: 4.3%
1464 Dunley Ct Iowa City, IA Check out this great walkout ranch in Country Club Estates! Spacious main floor with vault...	4 beds \| 3 baths \| 2,684 sq.ft.	$490,000	Airbnb cash on cash: 2.81% Traditional cash on cash: 2.11% Airbnb Rental Income: $3297 Traditional Rental Income: $2241 Airbnb ROI: 2.81% Traditional ROI: 2.11%
84 Amhurst St Iowa City, IA Very well cared for and updated 4bdrm,3bath,2 car heated garage split foyer on east side n...	4 beds \| 3 baths \| 1,742 sq.ft.	$319,900	Airbnb cash on cash: 2.73% Traditional cash on cash: 5.41% Airbnb Rental Income: $2138 Traditional Rental Income: $2397 Airbnb ROI: 2.73% Traditional ROI: 5.41%
315 Taft Ave Iowa City, IA Two Bedroom and 1 Full Bath Condo SS Appliances, Open Concept Kitchen/Living/Dining with G...	2 beds \| 1 baths \| 905 sq.ft.	$155,000	Airbnb cash on cash: 2.34% Traditional cash on cash: 6.26% Airbnb Rental Income: $1428 Traditional Rental Income: $1582 Airbnb ROI: 2.34% Traditional ROI: 6.26%
118 Broadmoor Ln Iowa City, IA It sparkles and shines with copious amounts of sunlight through spectacular windows. Archi...	3 beds \| 2 baths \| 2,099 sq.ft.	$335,000	Airbnb cash on cash: 0.16% Traditional cash on cash: 3.93% Airbnb Rental Income: $1597 Traditional Rental Income: $2329 Airbnb ROI: 0.16% Traditional ROI: 3.93%
19 Eversull Ln Iowa City, IA This beautifully maintained east side ranch is ready to welcome you home! From the moment ...	4 beds \| 3 baths \| 2,251 sq.ft.	$452,000	Airbnb cash on cash: 0.87% Traditional cash on cash: 2.62% Airbnb Rental Income: $2127 Traditional Rental Income: $2325 Airbnb ROI: 0.87% Traditional ROI: 2.62%
424 S Summit Iowa City, IA Set along one of Iowa City's most recognizable historic streets, 424 S. Summit Street offe...	5 beds \| 4 baths \| 4,068 sq.ft.	$1,100,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.26% Airbnb Rental Income: $null Traditional Rental Income: $2862 Airbnb ROI: N/A Traditional ROI: 0.26%
1429 Mckinley Pl Iowa City, IA Stunning Townhouse Style Condo on the West side of Iowa City. Sunlit living room offering ...	3 beds \| 3 baths \| 2,019 sq.ft.	$300,000	Airbnb cash on cash: -0.6% Traditional cash on cash: 4.82% Airbnb Rental Income: $1415 Traditional Rental Income: $2521 Airbnb ROI: -0.6% Traditional ROI: 4.82%
404 E College St #1407 Iowa City, IA Live amid everything downtown Iowa City has to offer. This handsome west-facing condominiu...	1 beds \| 1 baths \| 1,765 sq.ft.	$845,000	Airbnb cash on cash: -3.18% Traditional cash on cash: -2.14% Airbnb Rental Income: $1317 Traditional Rental Income: $1724 Airbnb ROI: -3.18% Traditional ROI: -2.14%
1019 Carver St Iowa City, IA Come see this spacious ranch home that offers a comfortable 1st floor living. Including a ...	4 beds \| 1 baths \| 1,992 sq.ft.	$239,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.47% Airbnb Rental Income: $null Traditional Rental Income: $1051 Airbnb ROI: N/A Traditional ROI: 1.47%
1018 Marcy St Iowa City, IA URBAN CHARM. Walk to downtown IC, Deluxe Bakery and enchanting Summit St neighborhood. On...	3 beds \| 3 baths \| 2,899 sq.ft.	$419,900	Airbnb cash on cash: -1.28% Traditional cash on cash: 0.86% Airbnb Rental Income: $1498 Traditional Rental Income: $1901 Airbnb ROI: -1.28% Traditional ROI: 0.86%
4741 Herbert Hoover Hwy Iowa City, IA This like new condo has fresh paint, new carpet and anew stove. Open concept living with h...	3 beds \| 2 baths \| 1,713 sq.ft.	$250,000	Airbnb cash on cash: 0.65% Traditional cash on cash: 6.61% Airbnb Rental Income: $1558 Traditional Rental Income: $2518 Airbnb ROI: 0.65% Traditional ROI: 6.61%
732,736,740 Michael St. Iowa City, IA 42 multifamily units are available, comprising 3 buildings with 14 units each. There are 3...	N/A beds \| 2 baths \| N/A	$3,650,000	Airbnb cash on cash: -2.13% Traditional cash on cash: -2.07% Airbnb Rental Income: $1209 Traditional Rental Income: $1023 Airbnb ROI: -2.13% Traditional ROI: -2.07%
711 E Bloomington St Iowa City, IA GREAT LOCATION....WALK TO DOWNTOWN IOWA CITY! Updates have been made to this two story ho...	4 beds \| 2 baths \| 1,312 sq.ft.	$250,000	Airbnb cash on cash: 1.04% Traditional cash on cash: 5.02% Airbnb Rental Income: $1420 Traditional Rental Income: $1935 Airbnb ROI: 1.04% Traditional ROI: 5.02%
60 Marietta Ave Iowa City, IA Rare opportunity to own a beautifully crafted custom Boyd Crosby home in the heart of Univ...	3 beds \| 3 baths \| 3,252 sq.ft.	$685,000	Airbnb cash on cash: -1.41% Traditional cash on cash: 1.47% Airbnb Rental Income: $1163 Traditional Rental Income: $2624 Airbnb ROI: -1.41% Traditional ROI: 1.47%
710 West Side Dr Iowa City, IA This premium townhome on the west side of Iowa City is move-in-ready and close to walking ...	2 beds \| 1 baths \| 1,550 sq.ft.	$229,000	Airbnb cash on cash: 0.28% Traditional cash on cash: 2.99% Airbnb Rental Income: $1405 Traditional Rental Income: $1568 Airbnb ROI: 0.28% Traditional ROI: 2.99%
1116 Weeber St Iowa City, IA 4 Bedroom 3 Bath Walkout Ranch close UIHC, Shopping and Restaurants. Vaulted Ceilings Deco...	4 beds \| 3 baths \| 2,164 sq.ft.	$415,000	Airbnb cash on cash: 3.42% Traditional cash on cash: 4.34% Airbnb Rental Income: $2994 Traditional Rental Income: $2665 Airbnb ROI: 3.42% Traditional ROI: 4.34%
814 Benton Dr #31 Iowa City, IA Fresh paint & new carpet in this sunny bright & affordable 3rd floor WEST facing condo - ...	2 beds \| 1 baths \| 767 sq.ft.	$108,000	Airbnb cash on cash: 3.67% Traditional cash on cash: 5.89% Airbnb Rental Income: $1297 Traditional Rental Income: $1125 Airbnb ROI: 3.67% Traditional ROI: 5.89%
2694 Pinto Ln Iowa City, IA The perfect retreat for the serious student or professional. Skip the noise of downtown an...	2 beds \| 2 baths \| 1,303 sq.ft.	$192,500	Airbnb cash on cash: 3.5% Traditional cash on cash: 9.09% Airbnb Rental Income: $1747 Traditional Rental Income: $2288 Airbnb ROI: 3.5% Traditional ROI: 9.09%
4926 Raleigh Ln Iowa City, IA Adorable townhouse in a great east side location within walking distance to parks, trails ...	3 beds \| 2 baths \| 1,581 sq.ft.	$265,000	Airbnb cash on cash: 0.55% Traditional cash on cash: 5.73% Airbnb Rental Income: $1597 Traditional Rental Income: $2437 Airbnb ROI: 0.55% Traditional ROI: 5.73%
2643 Whispering Meadow Dr Iowa City, IA Spacious, well maintained home, with a beautiful yard to enjoy! Open layout on the main le...	3 beds \| 2 baths \| 1,774 sq.ft.	$280,000	Airbnb cash on cash: 0.81% Traditional cash on cash: 5.44% Airbnb Rental Income: $1412 Traditional Rental Income: $2209 Airbnb ROI: 0.81% Traditional ROI: 5.44%
20 NE Eastview Pl Iowa City, IA Lovely grounds surround this beautiful home. With over 1.2 acres of grass and trees wrap a...	3 beds \| 2 baths \| 3,694 sq.ft.	$719,900	Airbnb cash on cash: 0.07% Traditional cash on cash: 1.09% Airbnb Rental Income: $2113 Traditional Rental Income: $2262 Airbnb ROI: 0.07% Traditional ROI: 1.09%

Real Estate investment in Iowa-city, IA

There are 611 properties for sale in the city of Iowa City . The median list price in Iowa City is $324,806 and the average price per square foot is $160. In September 2026, the average monthly cash on cash return in Iowa City is 3.00%. The average monthly rental income in Iowa City is $1,886.

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

There are 611 investment properties available for sale in Iowa-city.

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

The ROI for Short-Term is higher than the Long-Term in Iowa-city with average rental income of $1,428.

Your search for investment property begins and ends here

Investment Property for Sale in Iowa City, IA

1753 Foster Rd

Iowa City, IA

2 beds | 3 baths | 2,241 sq.ft.

$459,900

Airbnb cash on cash: 0.91%

Traditional cash on cash: 2.53%

Airbnb Rental Income: $2467

Traditional Rental Income: $2565

Airbnb ROI: 0.91%

Traditional ROI: 2.53%

2184 Willenbrock Cir

Iowa City, IA

3 beds | 2 baths | 1,420 sq.ft.

$345,000

Airbnb cash on cash: 0.74%

Traditional cash on cash: 2.42%

Airbnb Rental Income: $2113

Traditional Rental Income: $2114

Airbnb ROI: 0.74%

Traditional ROI: 2.42%

800 Pepper Dr

Iowa City, IA

4 beds | 3 baths | 2,312 sq.ft.

$349,900

Airbnb cash on cash: 3.37%

Traditional cash on cash: 4.26%

Airbnb Rental Income: $2687

Traditional Rental Income: $2340

Airbnb ROI: 3.37%

Traditional ROI: 4.26%

701 Caroline Ave

Iowa City, IA

3 beds | 2 baths | 1,092 sq.ft.

$275,000

Airbnb cash on cash: 1.28%

Traditional cash on cash: 4.21%

Airbnb Rental Income: $1372

Traditional Rental Income: $1714

Airbnb ROI: 1.28%

Traditional ROI: 4.21%

63 Colchester Dr

Iowa City, IA

4 beds | 4 baths | 2,448 sq.ft.

$450,000

Airbnb cash on cash: 0.89%

Traditional cash on cash: 4.54%

Airbnb Rental Income: $2127

Traditional Rental Income: $3121

Airbnb ROI: 0.89%

Traditional ROI: 4.54%

437 Peterson St

Iowa City, IA

2 beds | 1 baths | 1,376 sq.ft.

$154,000

Airbnb cash on cash: 2.68%

Traditional cash on cash: 3.23%

Airbnb Rental Income: $1605

Traditional Rental Income: $1229

Airbnb ROI: 2.68%

Traditional ROI: 3.23%

74 Rita Lyn Ct

Iowa City, IA

4 beds | 3 baths | 3,479 sq.ft.

$699,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.05%

Airbnb Rental Income: $null

Traditional Rental Income: $2787

Airbnb ROI: N/A

Traditional ROI: 2.05%

1477 Buckingham Pl

Iowa City, IA

3 beds | 2 baths | 2,152 sq.ft.

$365,000

Airbnb cash on cash: -0.22%

Traditional cash on cash: 3.19%

Airbnb Rental Income: $1597

Traditional Rental Income: $2312

Airbnb ROI: -0.22%