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
405 Timber Estates Algona, IA Tucked into a beautiful, wooded neighborhood, this stunning two-story home offers the perf...	4 beds \| 5 baths \| 3,954 sq.ft.	$539,500	Airbnb cash on cash: N/A Traditional cash on cash: 3.7% Airbnb Rental Income: $null Traditional Rental Income: $2875 Airbnb ROI: N/A Traditional ROI: 3.7%
2317 E Spruce Street Algona, IA Set your furniture down and make yourself at home in this nicely updated 3-bedroom, 2-bath...	3 beds \| 2 baths \| 1,608 sq.ft.	$187,000	Airbnb cash on cash: -0.21% Traditional cash on cash: 10.58% Airbnb Rental Income: $829 Traditional Rental Income: $2421 Airbnb ROI: -0.21% Traditional ROI: 10.58%
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%
716 N Park Avenue Algona, IA Beautiful ranch style home with a double attached garage. You have complete main level liv...	3 beds \| 2 baths \| 2,660 sq.ft.	$439,900	Airbnb cash on cash: -1.11% Traditional cash on cash: 4% Airbnb Rental Income: $829 Traditional Rental Income: $2606 Airbnb ROI: -1.11% Traditional ROI: 4%
120 S Woodworth Street Algona, IA Welcome to this 4 bedroom, 2 bath split level home. Walk in the front door and up the stai...	4 beds \| 2 baths \| 1,548 sq.ft.	$142,500	Airbnb cash on cash: N/A Traditional cash on cash: 5.83% Airbnb Rental Income: $null Traditional Rental Income: $1238 Airbnb ROI: N/A Traditional ROI: 5.83%
1708 E oak st Algona, IA 1708 E Oak St Charming home featuring an attached garage and a comfortable, functional lay...	3 beds \| 2 baths \| 1,296 sq.ft.	$175,000	Airbnb cash on cash: 0.48% Traditional cash on cash: 3.93% Airbnb Rental Income: $829 Traditional Rental Income: $1077 Airbnb ROI: 0.48% Traditional ROI: 3.93%
205 Woodlyn Way Algona, IA Own your own piece of paradise in this wooded lot in highly sought after neighborhood. The...	3 beds \| 2 baths \| 2,262 sq.ft.	$399,999	Airbnb cash on cash: -0.31% Traditional cash on cash: 4.8% Airbnb Rental Income: $829 Traditional Rental Income: $2420 Airbnb ROI: -0.31% Traditional ROI: 4.8%
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.	$315,000	Airbnb cash on cash: -1.87% Traditional cash on cash: 7.32% Airbnb Rental Income: $829 Traditional Rental Income: $3223 Airbnb ROI: -1.87% Traditional ROI: 7.32%
1215 190Th Street Algona, IA Live your best life on the edge of town where city convenience meets rural serenity! This ...	3 beds \| 2 baths \| 988 sq.ft.	$190,000	Airbnb cash on cash: 0.49% Traditional cash on cash: 8.17% Airbnb Rental Income: $829 Traditional Rental Income: $1889 Airbnb ROI: 0.49% Traditional ROI: 8.17%
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.	$2,950,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.1% Airbnb Rental Income: $null Traditional Rental Income: $5103 Airbnb ROI: N/A Traditional ROI: 0.1%
720 N Thorington St Algona, IA Stunning Home on Historic Thorington Street - Classic Charm Meets Modern Luxury! This home...	4 beds \| 3 baths \| 2,292 sq.ft.	$289,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.47% Airbnb Rental Income: $null Traditional Rental Income: $2974 Airbnb ROI: N/A Traditional ROI: 8.47%
1902 E Lucas Street Algona, IA Nestled in a quiet, family-friendly neighborhood, this 4-bedroom, 3-bath home checks all t...	4 beds \| 3 baths \| 2,800 sq.ft.	$365,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.66% Airbnb Rental Income: $null Traditional Rental Income: $3202 Airbnb ROI: N/A Traditional ROI: 6.66%
1414 E Linden Street Algona, IA Beautifully remodeled home with a double attached garage. The main level consists of a spa...	3 beds \| 2 baths \| 1,088 sq.ft.	$295,000	Airbnb cash on cash: -0.28% Traditional cash on cash: 5.06% Airbnb Rental Income: $829 Traditional Rental Income: $1983 Airbnb ROI: -0.28% Traditional ROI: 5.06%
419 W Overmeyer Drive Algona, IA This ranch style home has a great location just down the street from the swimming pool and...	3 beds \| 2 baths \| 1,216 sq.ft.	$204,900	Airbnb cash on cash: -0.03% Traditional cash on cash: 7.71% Airbnb Rental Income: $829 Traditional Rental Income: $2006 Airbnb ROI: -0.03% Traditional ROI: 7.71%
113 S Oaks Drive Algona, IA This home was moved to it's current location and placed on a concrete slab. Everything is ...	3 beds \| 2 baths \| 1,680 sq.ft.	$410,000	Airbnb cash on cash: -1.49% Traditional cash on cash: 3.67% Airbnb Rental Income: $829 Traditional Rental Income: $2485 Airbnb ROI: -1.49% Traditional ROI: 3.67%
122 Parkside Drive Algona, IA Set your furniture down in this move in ready ranch style home sitting in a quiet cul-de-s...	3 beds \| 2 baths \| 3,009 sq.ft.	$379,000	Airbnb cash on cash: -1% Traditional cash on cash: 5.09% Airbnb Rental Income: $829 Traditional Rental Income: $2667 Airbnb ROI: -1% Traditional ROI: 5.09%
2407 Spruce Street Algona, IA 24-Hour sale Don't forget to ask about financing promotions with the preferred lender. If ...	3 beds \| 2 baths \| 1,306 sq.ft.	$345,000	Airbnb cash on cash: -1.29% Traditional cash on cash: 4.18% Airbnb Rental Income: $829 Traditional Rental Income: $2275 Airbnb ROI: -1.29% Traditional ROI: 4.18%
821 S Harlan Algona, IA Beautifully designed ranch home featuring high ceilings and 2,160 sq. ft. of inviting livi...	3 beds \| 2 baths \| 2,160 sq.ft.	$265,000	Airbnb cash on cash: -0.4% Traditional cash on cash: 7.72% Airbnb Rental Income: $829 Traditional Rental Income: $2534 Airbnb ROI: -0.4% Traditional ROI: 7.72%
402 Timber Estates Algona, IA This is a stunning custom home. On the main level you have a beautiful kitchen with an isl...	5 beds \| 4 baths \| 2,970 sq.ft.	$649,999	Airbnb cash on cash: N/A Traditional cash on cash: 3.91% Airbnb Rental Income: $null Traditional Rental Income: $3559 Airbnb ROI: N/A Traditional ROI: 3.91%
605 N Phillips Street Algona, IA Beautiful brick ranch home with a double attached garage located on a large corner lot. Th...	3 beds \| 3 baths \| 2,434 sq.ft.	$320,000	Airbnb cash on cash: -1.04% Traditional cash on cash: 8.07% Airbnb Rental Income: $829 Traditional Rental Income: $3242 Airbnb ROI: -1.04% Traditional ROI: 8.07%
502 E North Street Algona, IA Beautiful end unit condo located in the down town area. This condo offers main level livin...	4 beds \| 3 baths \| 1,300 sq.ft.	$324,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.44% Airbnb Rental Income: $null Traditional Rental Income: $2141 Airbnb ROI: N/A Traditional ROI: 4.44%
732 N Wooster Street Algona, IA Very nice ranch home with great living space. Complete main level living is offered with t...	3 beds \| 2 baths \| 1,824 sq.ft.	$269,900	Airbnb cash on cash: -0.3% Traditional cash on cash: 7.54% Airbnb Rental Income: $829 Traditional Rental Income: $2499 Airbnb ROI: -0.3% Traditional ROI: 7.54%
1132 Hungry Hollow Road Algona, IA This ranch style home right outside of Algona sits on approximately 3 acres. It consists o...	4 beds \| 1 baths \| 1,786 sq.ft.	$239,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.84% Airbnb Rental Income: $null Traditional Rental Income: $2042 Airbnb ROI: N/A Traditional ROI: 6.84%
517 N Putnam Street Algona, IA Beautiful ranch home that offers main level living which includes the kitchen which was re...	2 beds \| 2 baths \| 1,232 sq.ft.	$284,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.85% Airbnb Rental Income: $null Traditional Rental Income: $1896 Airbnb ROI: N/A Traditional ROI: 4.85%
1511 W Valleyview Drive Algona, IA Nestled within Eagle Hills Golf Club, this impressive 2 story home enjoys a premier locati...	5 beds \| 5 baths \| 3,552 sq.ft.	$649,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.24% Airbnb Rental Income: $null Traditional Rental Income: $5346 Airbnb ROI: N/A Traditional ROI: 6.24%
312 E Overmeyer Drive Algona, IA Offered here is a nice ranch home in a great location close to the pool and the fairground...	3 beds \| 2 baths \| 1,140 sq.ft.	$169,900	Airbnb cash on cash: 0.4% Traditional cash on cash: 10% Airbnb Rental Income: $829 Traditional Rental Income: $2056 Airbnb ROI: 0.4% Traditional ROI: 10%
317 E Lucas Street Algona, IA Spacious 2-story home located in Algona featuring 3 bedrooms, and a two-stall detached gar...	3 beds \| 1 baths \| 1,547 sq.ft.	$149,900	Airbnb cash on cash: 0.77% Traditional cash on cash: 10.55% Airbnb Rental Income: $829 Traditional Rental Income: $1904 Airbnb ROI: 0.77% Traditional ROI: 10.55%
324 S Hale Algona, IA This inviting 1-story home offers 816 sq. ft. of comfortable living space with 2 bedrooms ...	2 beds \| 1 baths \| 816 sq.ft.	$114,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.34% Airbnb Rental Income: $null Traditional Rental Income: $1033 Airbnb ROI: N/A Traditional ROI: 6.34%

Real Estate investment in Algona, IA

There are 30 properties for sale in the city of Algona . The median list price in Algona is $162,816 and the average price per square foot is $83. In July 2026, the average monthly cash on cash return in Algona is 8.00%. The average monthly rental income in Algona is $2,421.

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

There are 30 investment properties available for sale in Algona.

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

The ROI for Short-Term is higher than the Long-Term in Algona with average rental income of $829.

Your search for investment property begins and ends here

Investment Property for Sale in Algona, IA

405 Timber Estates

Algona, IA

4 beds | 5 baths | 3,954 sq.ft.

$539,500

Airbnb cash on cash: N/A

Traditional cash on cash: 3.7%

Airbnb Rental Income: $null

Traditional Rental Income: $2875

Airbnb ROI: N/A

Traditional ROI: 3.7%

2317 E Spruce Street

Algona, IA

3 beds | 2 baths | 1,608 sq.ft.

$187,000

Airbnb cash on cash: -0.21%

Traditional cash on cash: 10.58%

Airbnb Rental Income: $829

Traditional Rental Income: $2421

Airbnb ROI: -0.21%

Traditional ROI: 10.58%

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

Traditional ROI: 11.01%

716 N Park Avenue

Algona, IA

3 beds | 2 baths | 2,660 sq.ft.

$439,900

Airbnb cash on cash: -1.11%

Traditional cash on cash: 4%

Airbnb Rental Income: $829

Traditional Rental Income: $2606

Airbnb ROI: -1.11%

Traditional ROI: 4%

120 S Woodworth Street

Algona, IA

4 beds | 2 baths | 1,548 sq.ft.

$142,500

Airbnb cash on cash: N/A

Traditional cash on cash: 5.83%

Airbnb Rental Income: $null

Traditional Rental Income: $1238

Airbnb ROI: N/A

Traditional ROI: 5.83%

1708 E oak st

Algona, IA

3 beds | 2 baths | 1,296 sq.ft.

$175,000

Airbnb cash on cash: 0.48%

Traditional cash on cash: 3.93%

Airbnb Rental Income: $829

Traditional Rental Income: $1077

Airbnb ROI: 0.48%

Traditional ROI: 3.93%

205 Woodlyn Way

Algona, IA

3 beds | 2 baths | 2,262 sq.ft.

$399,999

Airbnb cash on cash: -0.31%

Traditional cash on cash: 4.8%

Airbnb Rental Income: $829

Traditional Rental Income: $2420

Airbnb ROI: -0.31%

Traditional ROI: 4.8%

602 E Lucas Street

Algona, IA

3 beds | 3 baths | 2,276 sq.ft.

$315,000

Airbnb cash on cash: -1.87%

Traditional cash on cash: 7.32%

Airbnb Rental Income: $829

Traditional Rental Income: $3223

Airbnb ROI: -1.87%