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
203 Center Avenue Urbana, IA Cute, cozy, and full of potentialâthis two-bedroom, one-bath home is a hidden gem just 2...	2 beds \| 1 baths \| 674 sq.ft.	$110,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.59% Airbnb Rental Income: $null Traditional Rental Income: $1340 Airbnb ROI: N/A Traditional ROI: 9.59%
61 Quail Valley Ct Iowa City, IA	4 beds \| 3 baths \| 3,172 sq.ft.	$735,000	Airbnb cash on cash: 2.26% Traditional cash on cash: 2.62% Airbnb Rental Income: $3362 Traditional Rental Income: $2860 Airbnb ROI: 2.26% Traditional ROI: 2.62%
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%
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.	$305,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.6% Airbnb Rental Income: $null Traditional Rental Income: $2716 Airbnb ROI: N/A Traditional ROI: 6.6%
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%
6316 Clearview Circle Urbandale, IA Welcome to this clean 3BR home with gorgeous natural hardwood floors in living room and be...	3 beds \| 2 baths \| 996 sq.ft.	$250,000	Airbnb cash on cash: 1.41% Traditional cash on cash: 5.32% Airbnb Rental Income: $1471 Traditional Rental Income: $1959 Airbnb ROI: 1.41% Traditional ROI: 5.32%
204 W Washington Street Montezuma, IA Completely renovated ranch home on corner lot in Montezuma, Iowa. It's nearly the equivale...	3 beds \| 1 baths \| 1,092 sq.ft.	$194,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.55% Airbnb Rental Income: $null Traditional Rental Income: $1626 Airbnb ROI: N/A Traditional ROI: 6.55%
1716 NW Prairie Creek Drive Grimes, IA NOTE: Finished basement square footage is estimate to be 900sf (consisting of a family roo...	4 beds \| 3 baths \| 1,608 sq.ft.	$484,900	Airbnb cash on cash: 0.18% Traditional cash on cash: 3.06% Airbnb Rental Income: $1757 Traditional Rental Income: $2583 Airbnb ROI: 0.18% Traditional ROI: 3.06%
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 Price Reduced! Charming and Spacious 2 story home near Dodger Stadium. 3 generously sizes ...	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 Ave N Humboldt, IA CHARM AND CHARACTER ABOUND in this 3 bed, 1.5 bath 2 story home. Enjoy the old world charm...	3 beds \| 1 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%
2700 N Shore Drive 305 #305 CLEAR LAKE, IA Welcome to The Harbourage! One of Clear Lake's most sought-after communities! This beautif...	1 beds \| 1 baths \| 796 sq.ft.	$199,900	Airbnb cash on cash: 3.77% Traditional cash on cash: 3.81% Airbnb Rental Income: $1875 Traditional Rental Income: $1382 Airbnb ROI: 3.77% Traditional ROI: 3.81%
2110 14th Ave 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%
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.	$795,000	Airbnb cash on cash: -0.66% Traditional cash on cash: 1.07% Airbnb Rental Income: $1067 Traditional Rental Income: $1986 Airbnb ROI: -0.66% Traditional ROI: 1.07%
8751 Deer Crest Drive Cedar Rapids, IA Dream Acreage! Located in the Deer Ridge development just minutes from downtown Cedar Rapi...	4 beds \| 2 baths \| 1,366 sq.ft.	$314,950	Airbnb cash on cash: -0.71% Traditional cash on cash: 5.36% Airbnb Rental Income: $993 Traditional Rental Income: $2436 Airbnb ROI: -0.71% Traditional ROI: 5.36%
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%
22510 170th St 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.	$245,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.43% Airbnb Rental Income: $null Traditional Rental Income: $2547 Airbnb ROI: N/A Traditional ROI: 8.43%
1505 Rock Island Dr Ely, IA Accepted Offer. Showings for backup offers only. Welcome home! Beautiful two-story home in...	3 beds \| 2 baths \| 2,054 sq.ft.	$324,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.52% Airbnb Rental Income: $null Traditional Rental Income: $2517 Airbnb ROI: N/A Traditional ROI: 5.52%
4115 Bladensburg Rd. Rd Ottumwa, IA Ideal commuter distance to Ottumwa and Fairfield. Cardinal school just a few miles down th...	2 beds \| 1 baths \| 896 sq.ft.	$89,000	Airbnb cash on cash: 3.56% Traditional cash on cash: 11.86% Airbnb Rental Income: $925 Traditional Rental Income: $1304 Airbnb ROI: 3.56% Traditional ROI: 11.86%
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%
1207 NW Rolling Rock Road Ankeny, IA Welcome home to this beautifully updated 4 bedroom, 3.5 bath two story in a fantastic Anke...	4 beds \| 4 baths \| 1,797 sq.ft.	$389,000	Airbnb cash on cash: 0.25% Traditional cash on cash: 4.3% Airbnb Rental Income: $1635 Traditional Rental Income: $2653 Airbnb ROI: 0.25% Traditional ROI: 4.3%
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.	$422,500	Airbnb cash on cash: -0.16% Traditional cash on cash: 4.26% Airbnb Rental Income: $1644 Traditional Rental Income: $2931 Airbnb ROI: -0.16% Traditional ROI: 4.26%
1961 Sunrise Dr Fairfield, IA Early Vastu design home in Forest Lake neighborhood (formerly Devi Nagar) built by the lat...	5 beds \| 2 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%
2801 SE Ridge Crest Street Grimes, IA Welcome to this move-in ready ranch home featuring 4 bedrooms and 3 baths that perfectly b...	4 beds \| 3 baths \| 1,240 sq.ft.	$350,000	Airbnb cash on cash: 1.07% Traditional cash on cash: 3.86% Airbnb Rental Income: $1757 Traditional Rental Income: $2192 Airbnb ROI: 1.07% Traditional ROI: 3.86%
1203 W Orchard Centerville, IA Move-In-Ready, Beautiful 4-Bedroom Ranch Home in Quiet Cul-de-Sac - Close to Indian Hills ...	4 beds \| 3 baths \| 3,140 sq.ft.	$280,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.16% Airbnb Rental Income: $null Traditional Rental Income: $3266 Airbnb ROI: N/A Traditional ROI: 9.16%
1614 Cambridge Drive West Branch, IA From the moment you arrive, the charming front porch welcomes you as you enter this ranch-...	3 beds \| 3 baths \| 1,768 sq.ft.	$350,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.62% Airbnb Rental Income: $null Traditional Rental Income: $2418 Airbnb ROI: N/A Traditional ROI: 4.62%
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.	$385,000	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%
3711 Martins Yard Sioux City, IA Looking for an open concept with an amazing entertaining space you can stop here. This ho...	5 beds \| 5 baths \| 3,316 sq.ft.	$469,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.68% Airbnb Rental Income: $null Traditional Rental Income: $5071 Airbnb ROI: N/A Traditional ROI: 8.68%
4828 71st Street Urbandale, IA Tucked away on a quiet cul-de-sac in the Johnston School District, this updated Urbandale ...	4 beds \| 3 baths \| 1,429 sq.ft.	$330,000	Airbnb cash on cash: 1.56% Traditional cash on cash: 4.52% Airbnb Rental Income: $1850 Traditional Rental Income: $2270 Airbnb ROI: 1.56% Traditional ROI: 4.52%

Real Estate investment in Iowa

There are 11,286 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 $227,658 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 11,286 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

203 Center Avenue

Urbana, IA

2 beds | 1 baths | 674 sq.ft.

$110,000

Airbnb cash on cash: N/A

Traditional cash on cash: 9.59%

Airbnb Rental Income: $null

Traditional Rental Income: $1340

Airbnb ROI: N/A

Traditional ROI: 9.59%

61 Quail Valley Ct

Iowa City, IA

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

$735,000

Airbnb cash on cash: 2.26%

Traditional cash on cash: 2.62%

Airbnb Rental Income: $3362

Traditional Rental Income: $2860

Airbnb ROI: 2.26%

Traditional ROI: 2.62%

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%

1608 W Lincoln Way

Marshalltown, IA

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

$305,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.6%

Airbnb Rental Income: $null

Traditional Rental Income: $2716

Airbnb ROI: N/A

Traditional ROI: 6.6%

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%

6316 Clearview Circle

Urbandale, IA

3 beds | 2 baths | 996 sq.ft.

$250,000

Airbnb cash on cash: 1.41%

Traditional cash on cash: 5.32%

Airbnb Rental Income: $1471

Traditional Rental Income: $1959

Airbnb ROI: 1.41%