Real Estate Investment Properties for Sale in Algona, IA

Looking for investment property in Algona, IA with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
2408 Spruce Street Algona, IA You can tour this home at your convenience daily from 9 a.m. to 7 p.m. using UTOUR. Show u...	3 beds \| 2 baths \| 1,250 sq.ft.	$315,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.81% Airbnb Rental Income: $null Traditional Rental Income: $2274 Airbnb ROI: N/A Traditional ROI: 4.81%
702 260Th Street Algona, IA Escape the noise and enjoy the peaceful privacy this 2.19-acre acreage provides. This char...	3 beds \| 1 baths \| 1,536 sq.ft.	$312,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.77% Airbnb Rental Income: $null Traditional Rental Income: $1961 Airbnb ROI: N/A Traditional ROI: 4.77%
200 S Mccoy Street Algona, IA Welcome to SOUTH McCoy Street! Well-maintained home in a desirable neighborhood. The main ...	4 beds \| 2 baths \| 1,936 sq.ft.	$227,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.66% Airbnb Rental Income: $null Traditional Rental Income: $2045 Airbnb ROI: N/A Traditional ROI: 6.66%
2305 Highway 18 E Algona, IA Discover the perfect balance of modern comfort and peaceful privacy in your own backyard o...	3 beds \| 2 baths \| 2,292 sq.ft.	$245,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.15% Airbnb Rental Income: $null Traditional Rental Income: $2724 Airbnb ROI: N/A Traditional ROI: 9.15%
508 N Church Street Algona, IA The charming curb appeal on this home continues in the back with a great backyard that fea...	4 beds \| 2 baths \| 1,572 sq.ft.	$185,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.18% Airbnb Rental Income: $null Traditional Rental Income: $1563 Airbnb ROI: N/A Traditional ROI: 6.18%
520 E Lucas Street Algona, IA Enjoy sunrises, sunsets and stories - porch side - in your new home! Unwind and relax in t...	2 beds \| 3 baths \| 1,119 sq.ft.	$185,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.59% Airbnb Rental Income: $null Traditional Rental Income: $1971 Airbnb ROI: N/A Traditional ROI: 8.59%
1007 N Minnesota Street Algona, IA Beautiful home inside and out! Take a look at this property that has had many wonderful up...	4 beds \| 2 baths \| 1,632 sq.ft.	$235,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.04% Airbnb Rental Income: $null Traditional Rental Income: $2569 Airbnb ROI: N/A Traditional ROI: 9.04%
1214 E North Street Algona, IA Charming one-and-a-half story home featuring a half-brick, half-wood siding exterior. This...	2 beds \| 4 baths \| 3,020 sq.ft.	$264,900	Airbnb cash on cash: N/A Traditional cash on cash: 11.01% Airbnb Rental Income: $null Traditional Rental Income: $3399 Airbnb ROI: N/A Traditional ROI: 11.01%
203 Hillside Drive Algona, IA Beautiful home located on 1.47 acres of wooded area. On the main level is a very nice kitc...	4 beds \| 3 baths \| 2,355 sq.ft.	$525,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.84% Airbnb Rental Income: $null Traditional Rental Income: $2889 Airbnb ROI: N/A Traditional ROI: 3.84%
1708 E Oak Street Algona, IA Charming curb appeal on this ranch home with a single attached garage. The main level offe...	3 beds \| 2 baths \| 1,296 sq.ft.	$160,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.38% Airbnb Rental Income: $null Traditional Rental Income: $1077 Airbnb ROI: N/A Traditional ROI: 4.38%
701 E Lucas Street Algona, IA Take a look at this corner lot property in a great neighborhood. The spacious main level o...	3 beds \| 1 baths \| 1,744 sq.ft.	$129,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.74% Airbnb Rental Income: $null Traditional Rental Income: $1071 Airbnb ROI: N/A Traditional ROI: 5.74%
215 E McGregor Street #5 Algona, IA This nicely renovated upper level condo is in a great central location and has an elevator...	2 beds \| 2 baths \| 1,498 sq.ft.	$195,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.67% Airbnb Rental Income: $null Traditional Rental Income: $2091 Airbnb ROI: N/A Traditional ROI: 8.67%
602 N Hall Street Algona, IA Check out this great family home located at 602 N Hall St in Algona just a short walk from...	3 beds \| 2 baths \| 1,613 sq.ft.	$158,900	Airbnb cash on cash: N/A Traditional cash on cash: 10.1% Airbnb Rental Income: $null Traditional Rental Income: $1972 Airbnb ROI: N/A Traditional ROI: 10.1%
403 Brookridge Drive Algona, IA This brick ranch home has a great location in a quiet sub division right by the hospital &...	4 beds \| 2 baths \| 1,416 sq.ft.	$239,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.12% Airbnb Rental Income: $null Traditional Rental Income: $2327 Airbnb ROI: N/A Traditional ROI: 8.12%
1309 N Country Club Road Algona, IA Welcome to your new home with flowing spaces and endless possibilities! For those who lov...	3 beds \| 3 baths \| 2,088 sq.ft.	$450,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.93% Airbnb Rental Income: $null Traditional Rental Income: $2757 Airbnb ROI: N/A Traditional ROI: 3.93%
302 N Woodworth Street Algona, IA This ranch home sits on a nice corner lot. Complete main level living is offered with this...	2 beds \| 1 baths \| 1,176 sq.ft.	$178,500	Airbnb cash on cash: N/A Traditional cash on cash: 6.92% Airbnb Rental Income: $null Traditional Rental Income: $1642 Airbnb ROI: N/A Traditional ROI: 6.92%
709 S Jones Street Algona, IA MOTIVATED SELLERS! Home awaits you as you step into this beautiful 2 story home where old...	3 beds \| 2 baths \| 1,477 sq.ft.	$180,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.59% Airbnb Rental Income: $null Traditional Rental Income: $2279 Airbnb ROI: N/A Traditional ROI: 10.59%
1221 E Linden Street Algona, IA Great curb appeal on the nice ranch home with a single detached garage. The home has great...	3 beds \| 2 baths \| 1,408 sq.ft.	$170,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.2% Airbnb Rental Income: $null Traditional Rental Income: $1940 Airbnb ROI: N/A Traditional ROI: 9.2%
602 E Lucas Street Algona, IA Very nice 3 bedroom condo located close to churches and downtown. Walk into the main level...	3 beds \| 3 baths \| 2,276 sq.ft.	$329,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.97% Airbnb Rental Income: $null Traditional Rental Income: $3223 Airbnb ROI: N/A Traditional ROI: 6.97%
711 E Chubb Street Algona, IA Charming home with numerous updates inside and out, sitting on a nicely shaded lot just bl...	3 beds \| 3 baths \| 3,150 sq.ft.	$230,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.75% Airbnb Rental Income: $null Traditional Rental Income: $2954 Airbnb ROI: N/A Traditional ROI: 10.75%
1215 190Th Street Algona, IA Live your best life on the edge of town where city life meets rural serenity! Donât miss...	3 beds \| 2 baths \| 988 sq.ft.	$220,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.95% Airbnb Rental Income: $null Traditional Rental Income: $1889 Airbnb ROI: N/A Traditional ROI: 6.95%
120 S Roan Street Algona, IA Nice family home located on a corner lot. On the main level walk into the foyer of the hom...	3 beds \| 3 baths \| 1,792 sq.ft.	$254,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.1% Airbnb Rental Income: $null Traditional Rental Income: $2785 Airbnb ROI: N/A Traditional ROI: 9.1%
120 W College Street Algona, IA Step into this beautifully updated 3 bedroom 2 bath home, where bold design meets everyday...	3 beds \| 2 baths \| 1,120 sq.ft.	$189,900	Airbnb cash on cash: N/A Traditional cash on cash: 11.51% Airbnb Rental Income: $null Traditional Rental Income: $2559 Airbnb ROI: N/A Traditional ROI: 11.51%
908 N Wooster Street Algona, IA Discover the versatility of tri-level living in this updated 3 bedroom, 1 Â¾ bath home in ...	3 beds \| 2 baths \| 2,052 sq.ft.	$275,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.51% Airbnb Rental Income: $null Traditional Rental Income: $2762 Airbnb ROI: N/A Traditional ROI: 8.51%
1426 E Lucas Street Algona, IA Check out this nicely updated 3 bedroom 2 bathroom ranch style home sitting on a spacious ...	3 beds \| 2 baths \| 1,482 sq.ft.	$176,500	Airbnb cash on cash: N/A Traditional cash on cash: 11.14% Airbnb Rental Income: $null Traditional Rental Income: $2327 Airbnb ROI: N/A Traditional ROI: 11.14%
317 HWY 18 E Algona, IA Beyond a private stone gate and winding drive lies an estate unlike anything Iowa has seen...	4 beds \| 5 baths \| 3,354 sq.ft.	$3,250,000	Airbnb cash on cash: N/A Traditional cash on cash: 0% Airbnb Rental Income: $null Traditional Rental Income: $5103 Airbnb ROI: N/A Traditional ROI: 0%
809 E Call St Algona, IA Charming 2-Bedroom Home This well-maintained home offers a spacious layout with a large ea...	2 beds \| 1 baths \| 960 sq.ft.	$117,500	Airbnb cash on cash: N/A Traditional cash on cash: 10.92% Airbnb Rental Income: $null Traditional Rental Income: $1552 Airbnb ROI: N/A Traditional ROI: 10.92%
117 S Woodworth Algona, IA Remarkable 4-Bedroom Tri-Level Home with Beautiful Kitchen This charming 1,248 sq. ft. hom...	4 beds \| 2 baths \| 1,248 sq.ft.	$260,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.04% Airbnb Rental Income: $null Traditional Rental Income: $2309 Airbnb ROI: N/A Traditional ROI: 7.04%
720 N Thorington St Algona, IA Stunning Home on Historic Thorington Street â Classic Charm Meets Modern Luxury! Complet...	4 beds \| 3 baths \| 2,292 sq.ft.	$298,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.22% Airbnb Rental Income: $null Traditional Rental Income: $2974 Airbnb ROI: N/A Traditional ROI: 8.22%
317 N Garfield Street Algona, IA Start each day in a lovely way and own this handsome ranch condominium! Generous 1,372 SF ...	2 beds \| 2 baths \| 1,372 sq.ft.	$269,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.32% Airbnb Rental Income: $null Traditional Rental Income: $2146 Airbnb ROI: N/A Traditional ROI: 5.32%
1203 N McCoy Street Algona, IA Very nice ranch home with a single attached garage and a great location across the street ...	3 beds \| 1 baths \| 1,288 sq.ft.	$159,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.27% Airbnb Rental Income: $null Traditional Rental Income: $1896 Airbnb ROI: N/A Traditional ROI: 9.27%
1904 127th Avenue Algona, IA This is a wonderful ranch home on the outskirts of town. Complete main level living includ...	3 beds \| 2 baths \| 2,192 sq.ft.	$264,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.4% Airbnb Rental Income: $null Traditional Rental Income: $2639 Airbnb ROI: N/A Traditional ROI: 8.4%
109 Sunset Drive Algona, IA Very nice home located at the Algona Country Club. On the main level is a nice eat in kitc...	3 beds \| 3 baths \| 1,986 sq.ft.	$450,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.83% Airbnb Rental Income: $null Traditional Rental Income: $2823 Airbnb ROI: N/A Traditional ROI: 4.83%
1215 E Linden Street Algona, IA This charming home has great curb appeal and offers a single attached garage. On the main ...	2 beds \| 2 baths \| 912 sq.ft.	$142,500	Airbnb cash on cash: N/A Traditional cash on cash: 9.65% Airbnb Rental Income: $null Traditional Rental Income: $1728 Airbnb ROI: N/A Traditional ROI: 9.65%

Real Estate investment in Algona, IA

There are 34 properties for sale in the city of Algona . The median list price in Algona is $184,500 and the average price per square foot is $109. In October 2025, the average monthly cash on cash return in Algona is 9.00%. The average monthly rental income in Algona is $2,305.

Algona, IA Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 34 investment properties available for sale in Algona.

The ROI for Short-Term is higher than the Long-Term in Algona with average rental income of $N/A.

Your search for investment property begins and ends here

Investment Property for Sale in Algona, IA

2408 Spruce Street

Algona, IA

3 beds | 2 baths | 1,250 sq.ft.

$315,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.81%

Airbnb Rental Income: $null

Traditional Rental Income: $2274

Airbnb ROI: N/A

Traditional ROI: 4.81%

702 260Th Street

Algona, IA

3 beds | 1 baths | 1,536 sq.ft.

$312,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.77%

Airbnb Rental Income: $null

Traditional Rental Income: $1961

Airbnb ROI: N/A

Traditional ROI: 4.77%

200 S Mccoy Street

Algona, IA

4 beds | 2 baths | 1,936 sq.ft.

$227,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.66%

Airbnb Rental Income: $null

Traditional Rental Income: $2045

Airbnb ROI: N/A

Traditional ROI: 6.66%

2305 Highway 18 E

Algona, IA

3 beds | 2 baths | 2,292 sq.ft.

$245,000

Airbnb cash on cash: N/A

Traditional cash on cash: 9.15%

Airbnb Rental Income: $null

Traditional Rental Income: $2724

Airbnb ROI: N/A

Traditional ROI: 9.15%

508 N Church Street

Algona, IA

4 beds | 2 baths | 1,572 sq.ft.

$185,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.18%

Airbnb Rental Income: $null

Traditional Rental Income: $1563

Airbnb ROI: N/A

Traditional ROI: 6.18%

520 E Lucas Street

Algona, IA

2 beds | 3 baths | 1,119 sq.ft.

$185,000

Airbnb cash on cash: N/A

Traditional cash on cash: 8.59%

Airbnb Rental Income: $null

Traditional Rental Income: $1971

Airbnb ROI: N/A

Traditional ROI: 8.59%

1007 N Minnesota Street

Algona, IA

4 beds | 2 baths | 1,632 sq.ft.

$235,000

Airbnb cash on cash: N/A

Traditional cash on cash: 9.04%

Airbnb Rental Income: $null

Traditional Rental Income: $2569

Airbnb ROI: N/A

Traditional ROI: 9.04%

1214 E North Street

Algona, IA

2 beds | 4 baths | 3,020 sq.ft.

$264,900

Airbnb cash on cash: N/A

Traditional cash on cash: 11.01%

Airbnb Rental Income: $null

Traditional Rental Income: $3399

Airbnb ROI: N/A