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!

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1020 10th Street Ames, IA Located in the heart of Ames, you'll love this charming 4-bedroom, 2-bath home full of cha...	4 beds \| 2 baths \| 1,362 sq.ft.	$259,000	Airbnb cash on cash: 5.42% Traditional cash on cash: 6.05% Airbnb Rental Income: $2559 Traditional Rental Income: $2098 Airbnb ROI: 5.42% Traditional ROI: 6.05%
5200 Ingersoll Avenue Des Moines, IA Previously featured on HGTV's show "House Hunters", this charming 4 bedroom, 4 bathroom in...	4 beds \| 4 baths \| 2,935 sq.ft.	$449,750	Airbnb cash on cash: -0.6% Traditional cash on cash: 5.54% Airbnb Rental Income: $1644 Traditional Rental Income: $3768 Airbnb ROI: -0.6% Traditional ROI: 5.54%
3832 13th Street Des Moines, IA Comfortable and Cute! Step inside to fresh paint and flooring throughout this 3 bedroom, 2...	3 beds \| 2 baths \| 1,178 sq.ft.	$184,900	Airbnb cash on cash: 1.78% Traditional cash on cash: 8.04% Airbnb Rental Income: $1250 Traditional Rental Income: $1953 Airbnb ROI: 1.78% Traditional ROI: 8.04%
1311 Union Street Boone, IA Charming and cozy 2-bedroom, 1-bath home all on one level. Step inside to a nice-sized kit...	2 beds \| 1 baths \| 832 sq.ft.	$130,000	Airbnb cash on cash: -1.42% Traditional cash on cash: 9.95% Airbnb Rental Income: $480 Traditional Rental Income: $1632 Airbnb ROI: -1.42% Traditional ROI: 9.95%
204 Benton Street Boone, IA Energy-efficient two-bedroom home located in a desirable neighborhood near the hospital an...	2 beds \| 1 baths \| 872 sq.ft.	$103,000	Airbnb cash on cash: -1.35% Traditional cash on cash: 11.27% Airbnb Rental Income: $480 Traditional Rental Income: $1473 Airbnb ROI: -1.35% Traditional ROI: 11.27%
3704 SE Redbud Court Ankeny, IA Beautiful move-in ready home tucked at the end of a quiet cul-de-sac on a spacious, fully ...	4 beds \| 4 baths \| 1,760 sq.ft.	$384,900	Airbnb cash on cash: 0.6% Traditional cash on cash: 4.65% Airbnb Rental Income: $1635 Traditional Rental Income: $2636 Airbnb ROI: 0.6% Traditional ROI: 4.65%
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%
303 Marie Avenue Norwalk, IA Welcome home to this spacious two-story in the heart of Norwalk! With room to spread out a...	4 beds \| 4 baths \| 1,678 sq.ft.	$299,500	Airbnb cash on cash: 1.61% Traditional cash on cash: 3.64% Airbnb Rental Income: $1911 Traditional Rental Income: $1978 Airbnb ROI: 1.61% Traditional ROI: 3.64%
2916 Pierce St Sioux City, IA Charming 4~Bedroom Home with Bonus Loft & Basement Kitchenette!! Welcome to 2916 Pierce St...	4 beds \| 2 baths \| 1,978 sq.ft.	$200,000	Airbnb cash on cash: 1.72% Traditional cash on cash: 11.54% Airbnb Rental Income: $1220 Traditional Rental Income: $2692 Airbnb ROI: 1.72% Traditional ROI: 11.54%
2014 8th Ave No Fort Dodge, IA Charming and Spacious 2 story home near Dodger Stadium. 3 generously sizes bedrooms. Updat...	3 beds \| 2 baths \| 1,780 sq.ft.	$179,500	Airbnb cash on cash: N/A Traditional cash on cash: 9.4% Airbnb Rental Income: $null Traditional Rental Income: $2460 Airbnb ROI: N/A Traditional ROI: 9.4%
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.	$209,900	Airbnb cash on cash: N/A Traditional cash on cash: 10.02% Airbnb Rental Income: $null Traditional Rental Income: $2634 Airbnb ROI: N/A Traditional ROI: 10.02%
3 Deer Creek Ct MASON CITY, IA Luxury Energy Efficient Home at 3 Deer Creek Court This custom-built two-story home blend...	4 beds \| N/A 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%
2110 14th Avenue N #204 CLEAR LAKE, IA EASY AND EFFICIENT LIVING! Check out his affordable condo with two bedrooms, two bathrooms...	3 beds \| 2 baths \| 1,176 sq.ft.	$135,000	Airbnb cash on cash: 4.28% Traditional cash on cash: 11.61% Airbnb Rental Income: $1645 Traditional Rental Income: $2132 Airbnb ROI: 4.28% Traditional ROI: 11.61%
2210 O Avenue NW Cedar Rapids, IA Beautifully Updated Home in Kennedy School District This well-maintained story-and-a-half ...	3 beds \| 2 baths \| 1,408 sq.ft.	$199,999	Airbnb cash on cash: N/A Traditional cash on cash: 8.9% Airbnb Rental Income: $null Traditional Rental Income: $2234 Airbnb ROI: N/A Traditional ROI: 8.9%
3724 2nd Avenue SW Cedar Rapids, IA Welcome to 3724 2nd Ave SW - a home that feels inviting the moment you arrive. This 3-bedr...	3 beds \| 3 baths \| 2,344 sq.ft.	$249,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.18% Airbnb Rental Income: $null Traditional Rental Income: $2895 Airbnb ROI: N/A Traditional ROI: 9.18%
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%
22510 170th Street Iowa Falls, IA Many updates in this home, located conveniently off a hard surface road and close to Highw...	3 beds \| 2 baths \| 1,720 sq.ft.	$235,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.82% Airbnb Rental Income: $null Traditional Rental Income: $2547 Airbnb ROI: N/A Traditional ROI: 8.82%
630 2nd Street NW Fort Dodge, IA Rebuilt in 2018, this home is essentially brand new from top to bottom. Featuring two bedr...	2 beds \| 1 baths \| 864 sq.ft.	$109,500	Airbnb cash on cash: 4.56% Traditional cash on cash: 6.25% Airbnb Rental Income: $1239 Traditional Rental Income: $1022 Airbnb ROI: 4.56% Traditional ROI: 6.25%
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.	$285,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.5% Airbnb Rental Income: $null Traditional Rental Income: $2650 Airbnb ROI: N/A Traditional ROI: 7.5%
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: 2.58% Traditional cash on cash: 7.66% Airbnb Rental Income: $1645 Traditional Rental Income: $2376 Airbnb ROI: 2.58% Traditional ROI: 7.66%
3089 Wheat Boulevard Stockport, IA Stunning 2-Story Home masterfully rebuilt by Kramer Construction & set on over 4 breathtak...	2 beds \| 2 baths \| 3,080 sq.ft.	$475,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.28% Airbnb Rental Income: $null Traditional Rental Income: $2197 Airbnb ROI: N/A Traditional ROI: 3.28%
4024 Ross Road Ames, IA Welcome to this fantastic Ames location less than 5 minutes from Iowa State University! Th...	4 beds \| 2 baths \| 1,194 sq.ft.	$314,900	Airbnb cash on cash: 4.12% Traditional cash on cash: 4.64% Airbnb Rental Income: $2559 Traditional Rental Income: $2098 Airbnb ROI: 4.12% Traditional ROI: 4.64%
2909 SW Country Lane Ankeny, IA Perfectly maintained home located on the SW side of Ankeny just minutes from Saylorville l...	3 beds \| 2 baths \| 1,329 sq.ft.	$346,500	Airbnb cash on cash: 0.76% Traditional cash on cash: 3.99% Airbnb Rental Income: $1615 Traditional Rental Income: $2209 Airbnb ROI: 0.76% Traditional ROI: 3.99%
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.	$405,000	Airbnb cash on cash: -0.16% Traditional cash on cash: 4.29% Airbnb Rental Income: $1644 Traditional Rental Income: $2931 Airbnb ROI: -0.16% Traditional ROI: 4.29%
353 4th St NW Fort Dodge, IA Very well maintained 3+ bedroom, 2 bath ranch-style home with updates throughout! Newer wi...	3 beds \| 2 baths \| 1,056 sq.ft.	$120,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.2% Airbnb Rental Income: $null Traditional Rental Income: $1093 Airbnb ROI: N/A Traditional ROI: 6.2%
1961 Sunrise Drive Fairfield, IA Early Vastu design home in Forest Lake neighborhood (formerly Devi Nagar) built by the lat...	5 beds \| 3 baths \| 2,718 sq.ft.	$359,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.73% Airbnb Rental Income: $null Traditional Rental Income: $3072 Airbnb ROI: N/A Traditional ROI: 6.73%
530 Main Street Jewell, IA Right in the heart of Jewell, this charming home is the one you notice while driving down ...	3 beds \| 2 baths \| 1,614 sq.ft.	$215,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.98% Airbnb Rental Income: $null Traditional Rental Income: $1326 Airbnb ROI: N/A Traditional ROI: 3.98%
2624 4th Avenue SW Altoona, IA Welcome home to this beautiful 4-bedroom, 3-bath ranch perfectly positioned on a spacious ...	4 beds \| 3 baths \| 1,528 sq.ft.	$375,000	Airbnb cash on cash: -0.86% Traditional cash on cash: 4.09% Airbnb Rental Income: $1123 Traditional Rental Income: $2533 Airbnb ROI: -0.86% Traditional ROI: 4.09%
1738 Everwood Court SW Altoona, IA This Tuscan-style home is on a quiet cul-de-sac just minutes from both Hwy 65 and I80 in A...	4 beds \| 4 baths \| 2,284 sq.ft.	$440,000	Airbnb cash on cash: -1.62% Traditional cash on cash: 3.68% Airbnb Rental Income: $1123 Traditional Rental Income: $2931 Airbnb ROI: -1.62% Traditional ROI: 3.68%
209 S Vine Avenue Lacona, IA Discover the perfect blend of small town charm and modern updates in this beautifully main...	3 beds \| 2 baths \| 2,360 sq.ft.	$287,400	Airbnb cash on cash: N/A Traditional cash on cash: 6.37% Airbnb Rental Income: $null Traditional Rental Income: $2333 Airbnb ROI: N/A Traditional ROI: 6.37%
1316 Siloam Iowa Falls, IA Situated on 0.81 Acres, this well maintained 3-bedroom ,2.5 bath home offers space, comfor...	3 beds \| 3 baths \| 1,594 sq.ft.	$229,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.81% Airbnb Rental Income: $null Traditional Rental Income: $1725 Airbnb ROI: N/A Traditional ROI: 4.81%
205 NE 9th Street Ankeny, IA Charming Split-Level Home in the Heart of Ankeny! Welcome to 205 NE 9th Street - a beautif...	3 beds \| 2 baths \| 1,488 sq.ft.	$289,000	Airbnb cash on cash: 1.4% Traditional cash on cash: 4.79% Airbnb Rental Income: $1615 Traditional Rental Income: $2080 Airbnb ROI: 1.4% Traditional ROI: 4.79%
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: 2.1% Airbnb Rental Income: $1538 Traditional Rental Income: $2348 Airbnb ROI: -0.39% Traditional ROI: 2.1%
1594 Nine Iron Drive West Des Moines, IA Welcome home to this beautifully maintained West Des Moines gem offering over 2,200 square...	4 beds \| 4 baths \| 1,439 sq.ft.	$337,500	Airbnb cash on cash: 0.34% Traditional cash on cash: 4.46% Airbnb Rental Income: $1512 Traditional Rental Income: $2455 Airbnb ROI: 0.34% Traditional ROI: 4.46%
410 N 6th Street Winterset, IA Pride of ownership in this spacious home! 3 bedrooms, 2 baths, over 2,000 sf finished spac...	3 beds \| 2 baths \| 1,400 sq.ft.	$290,000	Airbnb cash on cash: 2.34% Traditional cash on cash: 5.01% Airbnb Rental Income: $1941 Traditional Rental Income: $2156 Airbnb ROI: 2.34% Traditional ROI: 5.01%
1219 S Shore Drive CLEAR LAKE, IA Beautiful updated home located right next to the lake! All new siding, windows, flooring, ...	4 beds \| 3 baths \| 2,521 sq.ft.	$525,000	Airbnb cash on cash: 0.94% Traditional cash on cash: 3.93% Airbnb Rental Income: $2090 Traditional Rental Income: $3064 Airbnb ROI: 0.94% Traditional ROI: 3.93%
916-4 Williams Dr. Fort Dodge, IA SOFT NEUTRAL COLORS will make it easy to decorate to make this 2 bedroom Park Town Homes c...	2 beds \| 3 baths \| 2,114 sq.ft.	$160,000	Airbnb cash on cash: 1.91% Traditional cash on cash: 8.71% Airbnb Rental Income: $1239 Traditional Rental Income: $1883 Airbnb ROI: 1.91% Traditional ROI: 8.71%

Real Estate investment in Iowa

There are 6,888 properties available for sale in the state of Iowa. Eldora, Davenport and Sioux City are the best rental property markets in Iowa. The average median price of properties for sale in these cities are $221,633 and the average price per square foot is $0. Their average monthly cash on cash return is 9.00%.

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

There are 6,888 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 (15%) and Davenport (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

1020 10th Street

Ames, IA

4 beds | 2 baths | 1,362 sq.ft.

$259,000

Airbnb cash on cash: 5.42%

Traditional cash on cash: 6.05%

Airbnb Rental Income: $2559

Traditional Rental Income: $2098

Airbnb ROI: 5.42%

Traditional ROI: 6.05%

5200 Ingersoll Avenue

Des Moines, IA

4 beds | 4 baths | 2,935 sq.ft.

$449,750

Airbnb cash on cash: -0.6%

Traditional cash on cash: 5.54%

Airbnb Rental Income: $1644

Traditional Rental Income: $3768

Airbnb ROI: -0.6%

Traditional ROI: 5.54%

3832 13th Street

Des Moines, IA

3 beds | 2 baths | 1,178 sq.ft.

$184,900

Airbnb cash on cash: 1.78%

Traditional cash on cash: 8.04%

Airbnb Rental Income: $1250

Traditional Rental Income: $1953

Airbnb ROI: 1.78%

Traditional ROI: 8.04%

1311 Union Street

Boone, IA

2 beds | 1 baths | 832 sq.ft.

$130,000

Airbnb cash on cash: -1.42%

Traditional cash on cash: 9.95%

Airbnb Rental Income: $480

Traditional Rental Income: $1632

Airbnb ROI: -1.42%

Traditional ROI: 9.95%

204 Benton Street

Boone, IA

2 beds | 1 baths | 872 sq.ft.

$103,000

Airbnb cash on cash: -1.35%

Traditional cash on cash: 11.27%

Airbnb Rental Income: $480

Traditional Rental Income: $1473

Airbnb ROI: -1.35%

Traditional ROI: 11.27%

3704 SE Redbud Court

Ankeny, IA

4 beds | 4 baths | 1,760 sq.ft.

$384,900

Airbnb cash on cash: 0.6%

Traditional cash on cash: 4.65%

Airbnb Rental Income: $1635

Traditional Rental Income: $2636

Airbnb ROI: 0.6%

Traditional ROI: 4.65%

2103 Governor Road

Marshalltown, IA

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%

303 Marie Avenue

Norwalk, IA

4 beds | 4 baths | 1,678 sq.ft.

$299,500

Airbnb cash on cash: 1.61%

Traditional cash on cash: 3.64%

Airbnb Rental Income: $1911

Traditional Rental Income: $1978

Airbnb ROI: 1.61%