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

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
61 Quail Valley Ct Iowa City, IA	4 beds \| 3 baths \| 3,172 sq.ft.	$735,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.62% Airbnb Rental Income: $null Traditional Rental Income: $2860 Airbnb ROI: N/A Traditional ROI: 2.62%
332 S Linn Street unit: 305 Iowa City, IA Urban Living in the heart of Iowa City! This one-bedroom/one-bath condo in Grandview Terra...	1 beds \| 1 baths \| 808 sq.ft.	$285,000	Airbnb cash on cash: -0.59% Traditional cash on cash: 1.6% Airbnb Rental Income: $1332 Traditional Rental Income: $1509 Airbnb ROI: -0.59% Traditional ROI: 1.6%
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: -0.65% Traditional cash on cash: 2.53% Airbnb Rental Income: $1665 Traditional Rental Income: $2565 Airbnb ROI: -0.65% Traditional ROI: 2.53%
63 Colchester Drive 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.	$539,000	Airbnb cash on cash: -0.39% Traditional cash on cash: 3.63% Airbnb Rental Income: $1538 Traditional Rental Income: $3121 Airbnb ROI: -0.39% Traditional ROI: 3.63%
4695 Herbert Hoover Hwy SE Iowa City, IA Just minutes from I-80 and minutes from downtown Iowa City, this is a MUST SEE! Well loved...	3 beds \| 3 baths \| 1,713 sq.ft.	$285,000	Airbnb cash on cash: 0.12% Traditional cash on cash: 5.51% Airbnb Rental Income: $1309 Traditional Rental Income: $2351 Airbnb ROI: 0.12% Traditional ROI: 5.51%
1905 Earl Rd Iowa City, IA IMMEDIATE POSSESSION AND CLOSING! MOVE-IN READY! Convenient Location. Close to Downtown I...	2 beds \| 2 baths \| 1,382 sq.ft.	$224,900	Airbnb cash on cash: -0.5% Traditional cash on cash: 1.65% Airbnb Rental Income: $1189 Traditional Rental Income: $1261 Airbnb ROI: -0.5% Traditional ROI: 1.65%
2025 A St Iowa City, IA Sitting adjacent to Chadek Green Park on Iowa City's lively east side, this Dutch colonial...	4 beds \| 2 baths \| 2,175 sq.ft.	$329,900	Airbnb cash on cash: 0.47% Traditional cash on cash: 5% Airbnb Rental Income: $1575 Traditional Rental Income: $2528 Airbnb ROI: 0.47% Traditional ROI: 5%
40 Gryn Ct Iowa City, IA Set on a quiet cul-de-sac in a convenient Iowa City location, this spacious ranch delivers...	4 beds \| 2 baths \| 1,208 sq.ft.	$306,000	Airbnb cash on cash: 3.11% Traditional cash on cash: 4.26% Airbnb Rental Income: $2344 Traditional Rental Income: $2095 Airbnb ROI: 3.11% Traditional ROI: 4.26%
100 Grandview Ct #100 Iowa City, IA This condo puts you right where you want to be â just minutes from Kinnick Stadium, UIHC...	3 beds \| 2 baths \| 970 sq.ft.	$220,000	Airbnb cash on cash: 2.69% Traditional cash on cash: 6.08% Airbnb Rental Income: $1608 Traditional Rental Income: $1858 Airbnb ROI: 2.69% Traditional ROI: 6.08%
3978 Grindstone Dr Iowa City, IA Neumann Monson designed duplex condo in Churchill Meadows. 12' foyer as you enter the home...	3 beds \| 2 baths \| 2,484 sq.ft.	$448,000	Airbnb cash on cash: 0.88% Traditional cash on cash: 5.16% Airbnb Rental Income: $1309 Traditional Rental Income: $2696 Airbnb ROI: 0.88% Traditional ROI: 5.16%
1127 Dill St Iowa City, IA This historic Manville Heights treasure, once home to local icon "Bump" Elliott, has been ...	4 beds \| 3 baths \| 3,565 sq.ft.	$1,020,000	Airbnb cash on cash: 0.48% Traditional cash on cash: 1% Airbnb Rental Income: $3572 Traditional Rental Income: $3285 Airbnb ROI: 0.48% Traditional ROI: 1%
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.	$398,000	Airbnb cash on cash: 1.24% Traditional cash on cash: 6.37% Airbnb Rental Income: $1362 Traditional Rental Income: $2860 Airbnb ROI: 1.24% Traditional ROI: 6.37%
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.	$284,900	Airbnb cash on cash: 0% Traditional cash on cash: 4.88% Airbnb Rental Income: $1324 Traditional Rental Income: $2225 Airbnb ROI: 0% Traditional ROI: 4.88%
3323 Tulane Ave Iowa City, IA Charming east side Iowa City ranch with thoughtful updates throughout. Timeless, real hard...	3 beds \| 2 baths \| 900 sq.ft.	$285,000	Airbnb cash on cash: 0.56% Traditional cash on cash: 4.01% Airbnb Rental Income: $1309 Traditional Rental Income: $1829 Airbnb ROI: 0.56% Traditional ROI: 4.01%
1122 Eagle Pl Iowa City, IA This beautifully designed & renovated ranch on a quiet West side cul-de-sac has a relaxing...	5 beds \| 3 baths \| 2,936 sq.ft.	$699,900	Airbnb cash on cash: 2.14% Traditional cash on cash: 2.1% Airbnb Rental Income: $3942 Traditional Rental Income: $3073 Airbnb ROI: 2.14% Traditional ROI: 2.1%
1519 Ranier Dr Iowa City, IA Welcome to this beautifully maintained west-side condo townhouse, ideally located close to...	3 beds \| 3 baths \| 1,224 sq.ft.	$265,000	Airbnb cash on cash: 0.38% Traditional cash on cash: 4.01% Airbnb Rental Income: $1608 Traditional Rental Income: $2058 Airbnb ROI: 0.38% Traditional ROI: 4.01%
8 Wrexham Dr Iowa City, IA Awesome Location - Extraordinary Space! Close to Kinnick, UIHC, I-380 & bus line. Situate...	5 beds \| 3 baths \| 2,186 sq.ft.	$450,000	Airbnb cash on cash: 4.39% Traditional cash on cash: 3.92% Airbnb Rental Income: $3618 Traditional Rental Income: $2626 Airbnb ROI: 4.39% Traditional ROI: 3.92%
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: 1.72% Traditional cash on cash: 4.69% Airbnb Rental Income: $1034 Traditional Rental Income: $1167 Airbnb ROI: 1.72% 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: 0.01% Traditional cash on cash: 0.59% Airbnb Rental Income: $2148 Traditional Rental Income: $2302 Airbnb ROI: 0.01% Traditional ROI: 0.59%
435 Bayard St Iowa City, IA A modern treehouse in the heart of Manville Heights. Built by Boyd Crosby, this nearly 3,5...	3 beds \| 4 baths \| 2,844 sq.ft.	$665,000	Airbnb cash on cash: -1.07% Traditional cash on cash: 2.6% Airbnb Rental Income: $1515 Traditional Rental Income: $3350 Airbnb ROI: -1.07% Traditional ROI: 2.6%
2103 Hollywood Blvd Iowa City, IA GREAT starter home or investment. Corner lot, 1 blk to bus, small yard, off street parking...	3 beds \| 1 baths \| 960 sq.ft.	$208,000	Airbnb cash on cash: 2.53% Traditional cash on cash: 5.43% Airbnb Rental Income: $1416 Traditional Rental Income: $1563 Airbnb ROI: 2.53% Traditional ROI: 5.43%
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.	$329,000	Airbnb cash on cash: 0.73% Traditional cash on cash: 4.08% Airbnb Rental Income: $1409 Traditional Rental Income: $2019 Airbnb ROI: 0.73% Traditional ROI: 4.08%
618 Dearborn St Iowa City, IA This adorable 3 bed/1 bath, 2 story Moffit home is a true charmer: hardwood floors, wood b...	3 beds \| 1 baths \| 1,248 sq.ft.	$315,000	Airbnb cash on cash: 0.57% Traditional cash on cash: 3.29% Airbnb Rental Income: $1309 Traditional Rental Income: $1708 Airbnb ROI: 0.57% Traditional ROI: 3.29%
2718 Jacque St Iowa City, IA Wonderful 2 Story home with some recent improvements in a desirable West Iowa City locatio...	4 beds \| 4 baths \| 1,518 sq.ft.	$332,999	Airbnb cash on cash: 2.56% Traditional cash on cash: 5.51% Airbnb Rental Income: $2344 Traditional Rental Income: $2687 Airbnb ROI: 2.56% Traditional ROI: 5.51%
1844 GRASLON DR Iowa City, IA A REAL GEM! Updated home ready to move in very close to UIHC, Kinnick, dental, medical and...	3 beds \| 3 baths \| 1,344 sq.ft.	$410,000	Airbnb cash on cash: 0.31% Traditional cash on cash: 3.05% Airbnb Rental Income: $1581 Traditional Rental Income: $2180 Airbnb ROI: 0.31% Traditional ROI: 3.05%
214 Woodridge Ave Iowa City, IA Charming, turnkey home in desirable Windsor Heights! This meticulously maintained family ...	3 beds \| 3 baths \| 1,512 sq.ft.	$429,999	Airbnb cash on cash: -0.04% Traditional cash on cash: 3.29% Airbnb Rental Income: $1438 Traditional Rental Income: $2354 Airbnb ROI: -0.04% Traditional ROI: 3.29%
1521 E Court St Iowa City, IA Cute as a button! Welcome home to this charming eastside ranch in the desirable Longfellow...	4 beds \| 2 baths \| 1,032 sq.ft.	$310,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.09% Airbnb Rental Income: $null Traditional Rental Income: $2031 Airbnb ROI: N/A Traditional ROI: 4.09%
425 Peterson Street Iowa City, IA Affordable two-story condo in Iowa City, offering the comfort and space of a single-family...	2 beds \| 2 baths \| 1,026 sq.ft.	$149,900	Airbnb cash on cash: 2.26% Traditional cash on cash: 6.49% Airbnb Rental Income: $1581 Traditional Rental Income: $1735 Airbnb ROI: 2.26% Traditional ROI: 6.49%
463 Samoa Dr Iowa City, IA 2 Bedroom, 1.5 bath townhouse style condo. Very close to UIHC, Kinnick Stadium, and bus li...	2 beds \| 1 baths \| 1,224 sq.ft.	$155,000	Airbnb cash on cash: 4.58% Traditional cash on cash: 5.02% Airbnb Rental Income: $1859 Traditional Rental Income: $1426 Airbnb ROI: 4.58% Traditional ROI: 5.02%
158 Eversull Ln Iowa City, IA Bright, beautifully updated home featuring maple floors and a striking 3-sided gas firepla...	4 beds \| 3 baths \| 1,470 sq.ft.	$449,900	Airbnb cash on cash: -0.34% Traditional cash on cash: 2.36% Airbnb Rental Income: $1538 Traditional Rental Income: $2228 Airbnb ROI: -0.34% Traditional ROI: 2.36%
735 Mission Point Rd Iowa City, IA Beautiful 4 bedroom 3.5 bath, end unit, townhouse style condo. Main floor features: a larg...	4 beds \| 3 baths \| 2,520 sq.ft.	$349,000	Airbnb cash on cash: 0.37% Traditional cash on cash: 6.84% Airbnb Rental Income: $1876 Traditional Rental Income: $3496 Airbnb ROI: 0.37% Traditional ROI: 6.84%
3051 Wayne Ave #61 Iowa City, IA Move in ready! Well-maintained end-unit townhouse. New refrigerator, microwave, washer/dry...	3 beds \| 2 baths \| 1,334 sq.ft.	$180,000	Airbnb cash on cash: 0.31% Traditional cash on cash: 7.72% Airbnb Rental Income: $1409 Traditional Rental Income: $2254 Airbnb ROI: 0.31% Traditional ROI: 7.72%
520 N Dodge St Iowa City, IA This fully renovated and updated Northside home offers a rare opportunity to live in one o...	2 beds \| 2 baths \| 1,477 sq.ft.	$270,000	Airbnb cash on cash: 1.43% Traditional cash on cash: 5.21% Airbnb Rental Income: $1633 Traditional Rental Income: $2136 Airbnb ROI: 1.43% Traditional ROI: 5.21%
432 West Side Dr Iowa City, IA This one stands out! Spacious and nicely updated top floor end/corner unit! This 3 bedroom...	3 beds \| 2 baths \| 1,292 sq.ft.	$202,000	Airbnb cash on cash: 1.76% Traditional cash on cash: 6.17% Airbnb Rental Income: $1669 Traditional Rental Income: $2047 Airbnb ROI: 1.76% Traditional ROI: 6.17%
1018 Marcy St Iowa City, IA URBAN CHARM. Walk to downtown IC, Deluxe Bakery and enchanting Summit St neighborhood. On...	3 beds \| N/A baths \| 4,411 sq.ft.	$429,900	Airbnb cash on cash: -0.99% Traditional cash on cash: 1.16% Airbnb Rental Income: $1472 Traditional Rental Income: $1901 Airbnb ROI: -0.99% Traditional ROI: 1.16%
3 Mount Vernon Ct Iowa City, IA Tucked into a quiet cul-de-sac in the much loved Lemme School area, this adorable 3-bedroo...	3 beds \| 3 baths \| 1,476 sq.ft.	$389,000	Airbnb cash on cash: -0.19% Traditional cash on cash: 3.5% Airbnb Rental Income: $1309 Traditional Rental Income: $2248 Airbnb ROI: -0.19% Traditional ROI: 3.5%
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.	$275,000	Airbnb cash on cash: 2.29% Traditional cash on cash: 4.49% Airbnb Rental Income: $1866 Traditional Rental Income: $1935 Airbnb ROI: 2.29% Traditional ROI: 4.49%
1835 Hafor Dr Iowa City, IA UPDATED RANCH-STYLE HOME with the perfect blend of space, comfort, and convenience, locate...	4 beds \| 3 baths \| 1,342 sq.ft.	$379,000	Airbnb cash on cash: 1.21% Traditional cash on cash: 3.47% Airbnb Rental Income: $1995 Traditional Rental Income: $2279 Airbnb ROI: 1.21% Traditional ROI: 3.47%
519 S Dubuque St Iowa City, IA Sabin Townhomes Upper-level, two-story townhome with private entry directly off S. Dubuq...	2 beds \| 3 baths \| 1,314 sq.ft.	$395,000	Airbnb cash on cash: -0.05% Traditional cash on cash: 3.34% Airbnb Rental Income: $1595 Traditional Rental Income: $2393 Airbnb ROI: -0.05% Traditional ROI: 3.34%
57 Duck Creek Pl Iowa City, IA Impeccable 2nd floor condo on the west side of Iowa City. Spacious eat-in kitchen loaded w...	2 beds \| 2 baths \| 1,443 sq.ft.	$229,900	Airbnb cash on cash: -0.36% Traditional cash on cash: 5.04% Airbnb Rental Income: $1344 Traditional Rental Income: $2105 Airbnb ROI: -0.36% Traditional ROI: 5.04%

Real Estate investment in Iowa-city, IA

There are 444 properties for sale in the city of Iowa City . The median list price in Iowa City is $314,000 and the average price per square foot is $179. In April 2026, the average monthly cash on cash return in Iowa City is 3.00%. The average monthly rental income in Iowa City is $2,043.

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

There are 444 investment properties available for sale in Iowa-city.

In 2026, the best neighborhood to buy investment property is Lucas Farms.

The ROI for Short-Term is higher than the Long-Term in Iowa-city with average rental income of $1,512.

Your search for investment property begins and ends here

Investment Property for Sale in Iowa City, IA

61 Quail Valley Ct

Iowa City, IA

4 beds | 3 baths | 3,172 sq.ft.

$735,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.62%

Airbnb Rental Income: $null

Traditional Rental Income: $2860

Airbnb ROI: N/A

Traditional ROI: 2.62%

332 S Linn Street unit: 305

Iowa City, IA

1 beds | 1 baths | 808 sq.ft.

$285,000

Airbnb cash on cash: -0.59%

Traditional cash on cash: 1.6%

Airbnb Rental Income: $1332

Traditional Rental Income: $1509

Airbnb ROI: -0.59%

Traditional ROI: 1.6%

1753 Foster Rd

Iowa City, IA

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

$459,900

Airbnb cash on cash: -0.65%

Traditional cash on cash: 2.53%

Airbnb Rental Income: $1665

Traditional Rental Income: $2565

Airbnb ROI: -0.65%

Traditional ROI: 2.53%

63 Colchester Drive

Iowa City, IA

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

$539,000

Airbnb cash on cash: -0.39%

Traditional cash on cash: 3.63%

Airbnb Rental Income: $1538

Traditional Rental Income: $3121

Airbnb ROI: -0.39%

Traditional ROI: 3.63%

4695 Herbert Hoover Hwy SE

Iowa City, IA

3 beds | 3 baths | 1,713 sq.ft.

$285,000

Airbnb cash on cash: 0.12%

Traditional cash on cash: 5.51%

Airbnb Rental Income: $1309

Traditional Rental Income: $2351

Airbnb ROI: 0.12%

Traditional ROI: 5.51%

1905 Earl Rd

Iowa City, IA

2 beds | 2 baths | 1,382 sq.ft.

$224,900

Airbnb cash on cash: -0.5%

Traditional cash on cash: 1.65%

Airbnb Rental Income: $1189

Traditional Rental Income: $1261

Airbnb ROI: -0.5%

Traditional ROI: 1.65%

2025 A St

Iowa City, IA

4 beds | 2 baths | 2,175 sq.ft.

$329,900

Airbnb cash on cash: 0.47%

Traditional cash on cash: 5%

Airbnb Rental Income: $1575

Traditional Rental Income: $2528

Airbnb ROI: 0.47%

Traditional ROI: 5%

40 Gryn Ct

Iowa City, IA

4 beds | 2 baths | 1,208 sq.ft.

$306,000

Airbnb cash on cash: 3.11%

Traditional cash on cash: 4.26%

Airbnb Rental Income: $2344

Traditional Rental Income: $2095

Airbnb ROI: 3.11%