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 2025

In 2025, Eldorais the best city to buy investment properties. Find more investment properties today!

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1301 3rd Ave SE #107 LeMars, IA New construction units at Heritage Estates. This is an established 55 yr. old or older co...	2 beds \| 2 baths \| 1,295 sq.ft.	$328,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.98% Airbnb Rental Income: $null Traditional Rental Income: $2143 Airbnb ROI: N/A Traditional ROI: 4.98%
7300 Prairie Avenue Urbandale, IA Large two story home offering 4 bedrooms, 3 bathrooms, a walkout lower level, and a large ...	4 beds \| 3 baths \| 1,780 sq.ft.	$340,000	Airbnb cash on cash: 4.23% Traditional cash on cash: 4.46% Airbnb Rental Income: $2855 Traditional Rental Income: $2262 Airbnb ROI: 4.23% Traditional ROI: 4.46%
2318 56th Street Des Moines, IA Welcome to your new home! This charming ranch style house offers the perfect combination o...	3 beds \| 1 baths \| 1,065 sq.ft.	$225,999	Airbnb cash on cash: 5.19% Traditional cash on cash: 2.45% Airbnb Rental Income: $2308 Traditional Rental Income: $1148 Airbnb ROI: 5.19% Traditional ROI: 2.45%
951 24th Street Des Moines, IA Welcome to 951 24th St, Des Moines - a beautifully maintained 4-bedroom, 2 bath home in th...	4 beds \| 2 baths \| 1,486 sq.ft.	$275,000	Airbnb cash on cash: 6.5% Traditional cash on cash: 6.06% Airbnb Rental Income: $3121 Traditional Rental Income: $2299 Airbnb ROI: 6.5% Traditional ROI: 6.06%
909 NE Barrington Court Ankeny, IA Nestled in the vibrant heart of Ankeny, this beautifully remodeled home stands as a true t...	4 beds \| 4 baths \| 2,620 sq.ft.	$680,000	Airbnb cash on cash: 1.35% Traditional cash on cash: 2.29% Airbnb Rental Income: $3077 Traditional Rental Income: $2971 Airbnb ROI: 1.35% Traditional ROI: 2.29%
1608 W Lincoln Way Marshalltown, IA Looking for space, charm, and endless outdoor potential? Well, this house offers it all an...	3 beds \| 2 baths \| 1,705 sq.ft.	$335,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.93% Airbnb Rental Income: $null Traditional Rental Income: $2716 Airbnb ROI: N/A Traditional ROI: 5.93%
4852 159th Street Urbandale, IA This remarkable 4300+ finished sqft walkout ranch + 4 car garage is nestled on a quiet str...	5 beds \| 5 baths \| 2,412 sq.ft.	$985,000	Airbnb cash on cash: 1.53% Traditional cash on cash: 2.01% Airbnb Rental Income: $4750 Traditional Rental Income: $4209 Airbnb ROI: 1.53% Traditional ROI: 2.01%
306 W Madison Place Indianola, IA So much space and character in this 2sty home with over 2300 sqft of finished living space...	3 beds \| 4 baths \| 1,836 sq.ft.	$309,900	Airbnb cash on cash: 1.05% Traditional cash on cash: 5.77% Airbnb Rental Income: $1649 Traditional Rental Income: $2561 Airbnb ROI: 1.05% Traditional ROI: 5.77%
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.	$230,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.97% Airbnb Rental Income: $null Traditional Rental Income: $2692 Airbnb ROI: N/A Traditional ROI: 9.97%
201 E 4th St Tipton, IA This beautifully maintained home offers the perfect blend of small-town charm and modern c...	4 beds \| 2 baths \| 2,016 sq.ft.	$260,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.94% Airbnb Rental Income: $null Traditional Rental Income: $2654 Airbnb ROI: N/A Traditional ROI: 7.94%
949 Spires Dubuque, IA Hurry in to see this fabulous 4 Bedroom, 3 Bathroom, 2 Car Garage, 2 Story Home in a wonde...	4 beds \| 3 baths \| 2,280 sq.ft.	$424,900	Airbnb cash on cash: 1.36% Traditional cash on cash: 4.52% Airbnb Rental Income: $2207 Traditional Rental Income: $2908 Airbnb ROI: 1.36% Traditional ROI: 4.52%
106 Goethe Guttenberg, IA If you are looking for the perfect 3 bedroom 1 Â½ bath home that is located on a corner lo...	3 beds \| 2 baths \| 1,350 sq.ft.	$179,500	Airbnb cash on cash: 6.3% Traditional cash on cash: 10.62% Airbnb Rental Income: $2151 Traditional Rental Income: $2342 Airbnb ROI: 6.3% Traditional ROI: 10.62%
2226 165th Street Spirit Lake, IA Wonderful opportunity in the heart of the Iowa Great Lakes that includes 5 acres of land a...	3 beds \| 1 baths \| 1,988 sq.ft.	$895,000	Airbnb cash on cash: 1.7% Traditional cash on cash: 0.84% Airbnb Rental Income: $3463 Traditional Rental Income: $1986 Airbnb ROI: 1.7% Traditional ROI: 0.84%
1315 Lakeshore Drive Brooklyn, IA Charming 2nd-tier property with a cozy 3-bedroom, 1-bath bungalow offering stunning views ...	3 beds \| 1 baths \| 884 sq.ft.	$263,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.06% Airbnb Rental Income: $null Traditional Rental Income: $1559 Airbnb ROI: N/A Traditional ROI: 4.06%
2202 Sunflower Street Perry, IA Welcome to this stunning 4 bed 3 bath split foyer home, nestled in a serene and quiet nei...	4 beds \| 3 baths \| 1,108 sq.ft.	$279,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.4% Airbnb Rental Income: $null Traditional Rental Income: $2452 Airbnb ROI: N/A Traditional ROI: 6.4%
417 SW Westlawn Drive Ankeny, IA This charming 3-bedroom, 2-bath split-level offers a great mix of comfort, potential, and ...	3 beds \| 2 baths \| 1,008 sq.ft.	$240,000	Airbnb cash on cash: 9.55% Traditional cash on cash: 5.9% Airbnb Rental Income: $3628 Traditional Rental Income: $2008 Airbnb ROI: 9.55% Traditional ROI: 5.9%
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.	$269,000	Airbnb cash on cash: 7.04% Traditional cash on cash: 7.03% Airbnb Rental Income: $3081 Traditional Rental Income: $2376 Airbnb ROI: 7.04% Traditional ROI: 7.03%
3089 Wheat Boulevard Lockridge, IA Stunning 2-Story Home masterfully rebuilt by Kramer Construction & set on over 4 breathtak...	2 beds \| 2 baths \| 3,080 sq.ft.	$499,500	Airbnb cash on cash: N/A Traditional cash on cash: 3.07% Airbnb Rental Income: $null Traditional Rental Income: $2197 Airbnb ROI: N/A Traditional ROI: 3.07%
11206 100Th Street Waverly, IA Looking for a home right outside of town, this is it! This beautiful home is located right...	4 beds \| 2 baths \| 1,248 sq.ft.	$285,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.52% Airbnb Rental Income: $null Traditional Rental Income: $2593 Airbnb ROI: N/A Traditional ROI: 7.52%
2705 Avenue A Fort Madison, IA Adorable, Cute, Well Maintained! This charmer has plenty to offer, including 2 main floor ...	2 beds \| 1 baths \| 816 sq.ft.	$103,000	Airbnb cash on cash: N/A Traditional cash on cash: 11.4% Airbnb Rental Income: $null Traditional Rental Income: $1469 Airbnb ROI: N/A Traditional ROI: 11.4%
1712 24th Street Des Moines, IA Charming Move-In Ready 2 Bedroom Home â All on One Level! Welcome to easy living in thi...	2 beds \| 1 baths \| 720 sq.ft.	$154,900	Airbnb cash on cash: 5.77% Traditional cash on cash: 6.31% Airbnb Rental Income: $1751 Traditional Rental Income: $1350 Airbnb ROI: 5.77% Traditional ROI: 6.31%
4021 Crestmoor Place Des Moines, IA	4 beds \| 3 baths \| 1,682 sq.ft.	$410,000	Airbnb cash on cash: 3.21% Traditional cash on cash: 3.27% Airbnb Rental Income: $3121 Traditional Rental Income: $2435 Airbnb ROI: 3.21% Traditional ROI: 3.27%
909 S Main Street Harpers Ferry, IA This well maintained & built home has all the original features! Pickled hardwood floor, g...	4 beds \| 2 baths \| 2,506 sq.ft.	$250,000	Airbnb cash on cash: N/A Traditional cash on cash: 11.31% Airbnb Rental Income: $null Traditional Rental Income: $3271 Airbnb ROI: N/A Traditional ROI: 11.31%
1021 12th NE MASON CITY, IA Move-in ready 4 bedroom home, 2 full bathrooms, large family room, 2 stall garage. Newer w...	4 beds \| 2 baths \| 2,270 sq.ft.	$219,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.36% Airbnb Rental Income: $null Traditional Rental Income: $2660 Airbnb ROI: N/A Traditional ROI: 10.36%
2709 Holly Court NW Swisher, IA Welcome to this wonderful 2 story home nestled on 1 acre in the beautiful Royal Oaks Subdi...	4 beds \| 4 baths \| 3,645 sq.ft.	$550,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.45% Airbnb Rental Income: $null Traditional Rental Income: $3696 Airbnb ROI: N/A Traditional ROI: 4.45%
2915 SW Country Lane Ankeny, IA Quality ranch home in SW Ankeny! This 4-bed, 3-bath home offers over 2,000 finished sq ft ...	4 beds \| 3 baths \| 1,349 sq.ft.	$370,000	Airbnb cash on cash: 3.75% Traditional cash on cash: 3.85% Airbnb Rental Income: $3077 Traditional Rental Income: $2408 Airbnb ROI: 3.75% Traditional ROI: 3.85%
3700 SW 34th Place Des Moines, IA 4 BR with finished walk-out basement on a low-traffic cul-de-sac in SW Des Moines! Grand, ...	4 beds \| 4 baths \| 2,047 sq.ft.	$449,900	Airbnb cash on cash: 2.71% Traditional cash on cash: 3.94% Airbnb Rental Income: $3121 Traditional Rental Income: $2931 Airbnb ROI: 2.71% Traditional ROI: 3.94%
353 4th St NW Fort Dodge, IA Great starter home with spacious eat-in kitchen has oak cabinets with new fridge and kitch...	2 beds \| 2 baths \| 1,056 sq.ft.	$147,500	Airbnb cash on cash: 7.81% Traditional cash on cash: 4.77% Airbnb Rental Income: $2053 Traditional Rental Income: $1093 Airbnb ROI: 7.81% Traditional ROI: 4.77%
4442 Lewis Access Road Center Point, IA Spacious Acreage on Hard Surface Road. This beautiful property offers nearly 3 acres of o...	3 beds \| 3 baths \| 3,108 sq.ft.	$430,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.15% Airbnb Rental Income: $null Traditional Rental Income: $3197 Airbnb ROI: N/A Traditional ROI: 5.15%
3224 Stanton Ave West Des Moines, IA This fabulous southwest side house has it all! This roomy ranch has updates throughout, in...	4 beds \| 3 baths \| 1,598 sq.ft.	$425,000	Airbnb cash on cash: 3.9% Traditional cash on cash: 3.26% Airbnb Rental Income: $3442 Traditional Rental Income: $2427 Airbnb ROI: 3.9% Traditional ROI: 3.26%
850 84th Street West Des Moines, IA This contemporary walkout ranch is nestled on a beautiful lot backing to trees & green spa...	4 beds \| 3 baths \| 1,592 sq.ft.	$575,000	Airbnb cash on cash: 2.35% Traditional cash on cash: 2.52% Airbnb Rental Income: $3442 Traditional Rental Income: $2770 Airbnb ROI: 2.35% Traditional ROI: 2.52%
1624 Drexel Dubuque, IA Midtown Dubuque Charmer â 4 Bed (with 5th non-conforming), 2 Bath & Pre-Inspected! Looki...	4 beds \| 2 baths \| 1,390 sq.ft.	$223,000	Airbnb cash on cash: 4.83% Traditional cash on cash: 8.19% Airbnb Rental Income: $2207 Traditional Rental Income: $2359 Airbnb ROI: 4.83% Traditional ROI: 8.19%
1007 W Boston Avenue Indianola, IA Enjoy spring with this carefully landscaped fenced backyard close to Whittier Elementary a...	3 beds \| 3 baths \| 1,152 sq.ft.	$259,900	Airbnb cash on cash: 2.32% Traditional cash on cash: 6.23% Airbnb Rental Income: $1649 Traditional Rental Income: $2143 Airbnb ROI: 2.32% Traditional ROI: 6.23%

Real Estate investment in Iowa

There are 8,431 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 $201,167 and the average price per square foot is $0. Their average monthly cash on cash return is 9.67%.

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

There are 8,431 investment properties available for sale in Iowa.

In 2025, Eldora is the best city to buy investment properties. Find more investment properties today!

In 2025, 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

1301 3rd Ave SE #107

LeMars, IA

2 beds | 2 baths | 1,295 sq.ft.

$328,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.98%

Airbnb Rental Income: $null

Traditional Rental Income: $2143

Airbnb ROI: N/A

Traditional ROI: 4.98%

7300 Prairie Avenue

Urbandale, IA

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

$340,000

Airbnb cash on cash: 4.23%

Traditional cash on cash: 4.46%

Airbnb Rental Income: $2855

Traditional Rental Income: $2262

Airbnb ROI: 4.23%

Traditional ROI: 4.46%

2318 56th Street

Des Moines, IA

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

$225,999

Airbnb cash on cash: 5.19%

Traditional cash on cash: 2.45%

Airbnb Rental Income: $2308

Traditional Rental Income: $1148

Airbnb ROI: 5.19%

Traditional ROI: 2.45%

951 24th Street

Des Moines, IA

4 beds | 2 baths | 1,486 sq.ft.

$275,000

Airbnb cash on cash: 6.5%

Traditional cash on cash: 6.06%

Airbnb Rental Income: $3121

Traditional Rental Income: $2299

Airbnb ROI: 6.5%

Traditional ROI: 6.06%

909 NE Barrington Court

Ankeny, IA

4 beds | 4 baths | 2,620 sq.ft.

$680,000

Airbnb cash on cash: 1.35%

Traditional cash on cash: 2.29%

Airbnb Rental Income: $3077

Traditional Rental Income: $2971

Airbnb ROI: 1.35%

Traditional ROI: 2.29%

1608 W Lincoln Way

Marshalltown, IA

3 beds | 2 baths | 1,705 sq.ft.

$335,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.93%

Airbnb Rental Income: $null

Traditional Rental Income: $2716

Airbnb ROI: N/A

Traditional ROI: 5.93%

4852 159th Street

Urbandale, IA

5 beds | 5 baths | 2,412 sq.ft.

$985,000

Airbnb cash on cash: 1.53%

Traditional cash on cash: 2.01%

Airbnb Rental Income: $4750

Traditional Rental Income: $4209

Airbnb ROI: 1.53%

Traditional ROI: 2.01%

306 W Madison Place

Indianola, IA

3 beds | 4 baths | 1,836 sq.ft.

$309,900

Airbnb cash on cash: 1.05%

Traditional cash on cash: 5.77%

Airbnb Rental Income: $1649

Traditional Rental Income: $2561

Airbnb ROI: 1.05%