Real Estate Investment Properties for Sale in Altoona, IA

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

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

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1006 6th Street NW Altoona, IA CALLING ALL INVESTORS! Solid opportunity for the right buyer willing to put in some work. ...	3 beds \| 2 baths \| 880 sq.ft.	$199,900	Airbnb cash on cash: 1.23% Traditional cash on cash: 6.54% Airbnb Rental Income: $1227 Traditional Rental Income: $1841 Airbnb ROI: 1.23% Traditional ROI: 6.54%
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.	$390,000	Airbnb cash on cash: 0.82% Traditional cash on cash: 4.02% Airbnb Rental Income: $1859 Traditional Rental Income: $2533 Airbnb ROI: 0.82% Traditional ROI: 4.02%
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.	$450,000	Airbnb cash on cash: -0.16% Traditional cash on cash: 3.57% Airbnb Rental Income: $1859 Traditional Rental Income: $2931 Airbnb ROI: -0.16% Traditional ROI: 3.57%
1324 Tuscany Drive SE Altoona, IA Welcome home to this beautifully maintained Tanzanite built split ranch offering almost 15...	3 beds \| 2 baths \| 1,496 sq.ft.	$325,000	Airbnb cash on cash: -0.28% Traditional cash on cash: 4.51% Airbnb Rental Income: $1227 Traditional Rental Income: $2297 Airbnb ROI: -0.28% Traditional ROI: 4.51%
1634 Prairie Circle Altoona, IA This lovely 3-bedroom, 3-bath townhome in the desirable Prairie Village neighborhood of Al...	3 beds \| 3 baths \| 1,198 sq.ft.	$204,900	Airbnb cash on cash: -0.38% Traditional cash on cash: 6.08% Airbnb Rental Income: $1227 Traditional Rental Income: $2090 Airbnb ROI: -0.38% Traditional ROI: 6.08%
2405 3rd Avenue SE Altoona, IA **Welcome to this beautiful resale townhome in Laird Estates with 3 bedroom, 3 bath and cl...	3 beds \| 3 baths \| 1,378 sq.ft.	$370,000	Airbnb cash on cash: -0.82% Traditional cash on cash: 3.76% Airbnb Rental Income: $1227 Traditional Rental Income: $2422 Airbnb ROI: -0.82% Traditional ROI: 3.76%
705 35th Street SW Altoona, IA Move-in ready ranch-style home in the highly desired Brookhaven Estates! This beautifully ...	4 beds \| 3 baths \| 1,487 sq.ft.	$480,000	Airbnb cash on cash: 0.43% Traditional cash on cash: 3.06% Airbnb Rental Income: $1859 Traditional Rental Income: $2541 Airbnb ROI: 0.43% Traditional ROI: 3.06%
210 31st Street SE Altoona, IA This stunning home offers nearly 3,000 sq ft of finished space with 4 spacious bedrooms an...	4 beds \| 3 baths \| 1,562 sq.ft.	$409,900	Airbnb cash on cash: 0.92% Traditional cash on cash: 4.1% Airbnb Rental Income: $1859 Traditional Rental Income: $2585 Airbnb ROI: 0.92% Traditional ROI: 4.1%
1209 10th Avenue Place SE Altoona, IA Welcome to this adorable, updated, and truly move-in ready two-story home in Altoona's des...	4 beds \| 4 baths \| 1,724 sq.ft.	$355,000	Airbnb cash on cash: 1.44% Traditional cash on cash: 4.79% Airbnb Rental Income: $1859 Traditional Rental Income: $2476 Airbnb ROI: 1.44% Traditional ROI: 4.79%
612 12th Avenue NW Altoona, IA ****Same day sale	2 beds \| 1 baths \| 901 sq.ft.	$211,200	Airbnb cash on cash: 2.17% Traditional cash on cash: 1.86% Airbnb Rental Income: $1470 Traditional Rental Income: $974 Airbnb ROI: 2.17% Traditional ROI: 1.86%
107 10th Avenue SW Altoona, IA Welcome home to this beautifully updated split-level in the heart of Altoona, where modern...	3 beds \| 2 baths \| 853 sq.ft.	$279,900	Airbnb cash on cash: 0.4% Traditional cash on cash: 4.09% Airbnb Rental Income: $1227 Traditional Rental Income: $1806 Airbnb ROI: 0.4% Traditional ROI: 4.09%
221 19th Street SW Altoona, IA Welcome home to this spacious Altoona ranch filled with comfort and style! Step inside to ...	4 beds \| 4 baths \| 1,712 sq.ft.	$450,000	Airbnb cash on cash: 0.27% Traditional cash on cash: 2.87% Airbnb Rental Income: $1859 Traditional Rental Income: $2453 Airbnb ROI: 0.27% Traditional ROI: 2.87%
7980 NE 27th Avenue Altoona, IA A rare opportunity to own a spacious & beautifully maintained 3BR, 3BA ranch on a 1-acre i...	3 beds \| 4 baths \| 2,227 sq.ft.	$629,900	Airbnb cash on cash: -1.5% Traditional cash on cash: 1.83% Airbnb Rental Income: $1227 Traditional Rental Income: $2794 Airbnb ROI: -1.5% Traditional ROI: 1.83%
3217 Lakeview Drive SE Altoona, IA Wow!! Better than new with this two story, one owner home in the heart of Spring Creek. Th...	3 beds \| 3 baths \| 1,788 sq.ft.	$450,000	Airbnb cash on cash: -0.64% Traditional cash on cash: 3.66% Airbnb Rental Income: $1227 Traditional Rental Income: $2645 Airbnb ROI: -0.64% Traditional ROI: 3.66%
1020 2nd Street NE Altoona, IA Home Completed Introducing Destiny Homes' NEW PALAZZO floor plan-an elegant executive WA...	4 beds \| 4 baths \| 2,146 sq.ft.	$524,900	Airbnb cash on cash: -0.01% Traditional cash on cash: 1.17% Airbnb Rental Income: $1859 Traditional Rental Income: $1939 Airbnb ROI: -0.01% Traditional ROI: 1.17%
2817 21st Street SW Altoona, IA Welcome to this beautifully maintained 3-bed, 2-bath ranch in Altoona! This over 1900 sq f...	3 beds \| 2 baths \| 1,413 sq.ft.	$365,000	Airbnb cash on cash: -0.35% Traditional cash on cash: 2.71% Airbnb Rental Income: $1227 Traditional Rental Income: $1881 Airbnb ROI: -0.35% Traditional ROI: 2.71%
2723 4th Avenue SE Altoona, IA Fall in love with this 4-bed, 3-bath 2-story gem in Altoona, where comfort meets convenien...	4 beds \| 3 baths \| 1,612 sq.ft.	$350,000	Airbnb cash on cash: 1.08% Traditional cash on cash: 4.46% Airbnb Rental Income: $1859 Traditional Rental Income: $2471 Airbnb ROI: 1.08% Traditional ROI: 4.46%
729 11th Street SE Altoona, IA PRIVACY AND LOCATION! This beautiful home situated on almost HALF AN ACRE with a full priv...	4 beds \| 3 baths \| 1,478 sq.ft.	$330,000	Airbnb cash on cash: 1.65% Traditional cash on cash: 5% Airbnb Rental Income: $1859 Traditional Rental Income: $2399 Airbnb ROI: 1.65% Traditional ROI: 5%
1003 10th Avenue SE Altoona, IA Welcome to this spacious two-story home offering the perfect blend of comfort, function, a...	4 beds \| 3 baths \| 1,920 sq.ft.	$365,000	Airbnb cash on cash: 1.12% Traditional cash on cash: 3.34% Airbnb Rental Income: $1859 Traditional Rental Income: $2121 Airbnb ROI: 1.12% Traditional ROI: 3.34%
2631 3rd Avenue SE Altoona, IA Berkey Homebuilders Inc. welcomes you to this new townhome on a daylight lot. This ranch t...	3 beds \| 3 baths \| 1,364 sq.ft.	$370,000	Airbnb cash on cash: -0.8% Traditional cash on cash: 3.74% Airbnb Rental Income: $1227 Traditional Rental Income: $2408 Airbnb ROI: -0.8% Traditional ROI: 3.74%
319 41st Street SW Altoona, IA Welcome to the Hansbury, located in Stonebridge, a new and spacious home by Destiny Homes!...	4 beds \| 3 baths \| 2,163 sq.ft.	$413,900	Airbnb cash on cash: 0.66% Traditional cash on cash: 3.04% Airbnb Rental Income: $1859 Traditional Rental Income: $2282 Airbnb ROI: 0.66% Traditional ROI: 3.04%
327 41st Street SW Altoona, IA Destiny Homes presents the Briarwood , an impressive, spacious home featuring 4 bedrooms, ...	4 beds \| 3 baths \| 2,032 sq.ft.	$394,900	Airbnb cash on cash: 0.82% Traditional cash on cash: 2.48% Airbnb Rental Income: $1859 Traditional Rental Income: $1976 Airbnb ROI: 0.82% Traditional ROI: 2.48%
218 34th Street SE Altoona, IA Welcome to this beautiful, custom ranch in one of Altoona's most peaceful settings, comple...	4 beds \| 3 baths \| 1,742 sq.ft.	$480,000	Airbnb cash on cash: 0.27% Traditional cash on cash: 2.19% Airbnb Rental Income: $1859 Traditional Rental Income: $2219 Airbnb ROI: 0.27% Traditional ROI: 2.19%
2101 4th Avenue SE Altoona, IA Welcome to this single-family home nestled in the serene and highly desirable Altoona neig...	3 beds \| 2 baths \| 1,502 sq.ft.	$295,000	Airbnb cash on cash: -0.07% Traditional cash on cash: 4.63% Airbnb Rental Income: $1227 Traditional Rental Income: $2140 Airbnb ROI: -0.07% Traditional ROI: 4.63%
733 17th Avenue SE Altoona, IA $5,000 in upgrades-blinds, fence, appliances- your choice! Don't settle when you can have ...	5 beds \| 3 baths \| 1,627 sq.ft.	$512,400	Airbnb cash on cash: N/A Traditional cash on cash: 2.39% Airbnb Rental Income: $null Traditional Rental Income: $2495 Airbnb ROI: N/A Traditional ROI: 2.39%
705 17th Avenue SW Altoona, IA UPDATED RANCH ON NEARLY HALF ACRE LOT W/ MASSIVE GARAGE! THIS 3 BED, 2 BATH gem checks all...	3 beds \| 2 baths \| 952 sq.ft.	$289,900	Airbnb cash on cash: 0.43% Traditional cash on cash: 2.86% Airbnb Rental Income: $1227 Traditional Rental Income: $1497 Airbnb ROI: 0.43% Traditional ROI: 2.86%
726 35th Street SW Altoona, IA Fantastic one story home with pond that features: elegant curb appeal, over 2,400 square f...	4 beds \| 3 baths \| 1,503 sq.ft.	$450,000	Airbnb cash on cash: 0.42% Traditional cash on cash: 2.47% Airbnb Rental Income: $1859 Traditional Rental Income: $2224 Airbnb ROI: 0.42% Traditional ROI: 2.47%
605 6th Street Place SE Altoona, IA Tucked right in the heart of Altoona, this ranch home offers comfort close to everything y...	3 beds \| 2 baths \| 1,025 sq.ft.	$230,000	Airbnb cash on cash: 0.97% Traditional cash on cash: 4.45% Airbnb Rental Income: $1227 Traditional Rental Income: $1591 Airbnb ROI: 0.97% Traditional ROI: 4.45%
2658 8th Street SW Altoona, IA Do not miss out! This 1.16-acre property conveniently located on 8th St SW in Altoona woul...	3 beds \| 2 baths \| 2,304 sq.ft.	$599,900	Airbnb cash on cash: -0.41% Traditional cash on cash: 2.72% Airbnb Rental Income: $1227 Traditional Rental Income: $2587 Airbnb ROI: -0.41% Traditional ROI: 2.72%
400 4th Street SE Altoona, IA This fully renovated two-story home in the heart of Altoona blends classic charm with mode...	3 beds \| 2 baths \| 1,804 sq.ft.	$299,900	Airbnb cash on cash: 0.8% Traditional cash on cash: 6.07% Airbnb Rental Income: $1227 Traditional Rental Income: $2321 Airbnb ROI: 0.8% Traditional ROI: 6.07%
1216 Tuscany Drive SE Altoona, IA Stunning Ranch-Style Home with Finished Basement, Fenced Yard, and 3-Car Garage. Welcome t...	4 beds \| 3 baths \| 1,414 sq.ft.	$368,000	Airbnb cash on cash: 0.98% Traditional cash on cash: 2.84% Airbnb Rental Income: $1859 Traditional Rental Income: $2002 Airbnb ROI: 0.98% Traditional ROI: 2.84%
2925 3rd Avenue SW Altoona, IA Ask about our BUILDER PROMO through our preferred lender! American Dream Series - Eisenhow...	3 beds \| 3 baths \| 1,218 sq.ft.	$345,000	Airbnb cash on cash: -0.27% Traditional cash on cash: 4.04% Airbnb Rental Income: $1227 Traditional Rental Income: $2228 Airbnb ROI: -0.27% Traditional ROI: 4.04%
2920 3rd Avenue SW Altoona, IA Ask about our BUILDER PROMO through our preferred lender! Greenland Homes Advantage in Alt...	3 beds \| 2 baths \| 1,417 sq.ft.	$350,000	Airbnb cash on cash: -0.3% Traditional cash on cash: 3.74% Airbnb Rental Income: $1227 Traditional Rental Income: $2162 Airbnb ROI: -0.3% Traditional ROI: 3.74%
303 29th Street SW Altoona, IA Welcome to Clay Estates Altoona!! Discover the charm of this inviting home! Embrace the wa...	3 beds \| 3 baths \| 1,500 sq.ft.	$355,000	Airbnb cash on cash: -0.33% Traditional cash on cash: 4.17% Airbnb Rental Income: $1227 Traditional Rental Income: $2333 Airbnb ROI: -0.33% Traditional ROI: 4.17%
103 12th Street SE Altoona, IA Charming 2-bedroom, 1- bath ranch in a quiet Altoona location-close to schools, shopping, ...	2 beds \| 1 baths \| 960 sq.ft.	$247,500	Airbnb cash on cash: 1.56% Traditional cash on cash: 3.72% Airbnb Rental Income: $1470 Traditional Rental Income: $1543 Airbnb ROI: 1.56% Traditional ROI: 3.72%
800 Scenic View Boulevard Altoona, IA Get in this fabulous ranch home before the Holidays and warm up in front of the beautiful ...	3 beds \| 3 baths \| 1,503 sq.ft.	$379,900	Airbnb cash on cash: -0.25% Traditional cash on cash: 3.92% Airbnb Rental Income: $1227 Traditional Rental Income: $2319 Airbnb ROI: -0.25% Traditional ROI: 3.92%
2904 3rd Avenue SW Altoona, IA Tour this home at your convenience daily from 7am- 7pm, using UTOUR. Show up at the house ...	4 beds \| 3 baths \| 1,667 sq.ft.	$360,000	Airbnb cash on cash: 2.69% Traditional cash on cash: 5.98% Airbnb Rental Income: $1859 Traditional Rental Income: $2471 Airbnb ROI: 2.69% Traditional ROI: 5.98%
1103 2nd Street NE Altoona, IA Get ready to be wowed...welcome to Happe Homes Cambridge plan in Altoona's Edgewood Trail ...	4 beds \| 3 baths \| 1,495 sq.ft.	$495,000	Airbnb cash on cash: 0.15% Traditional cash on cash: 2.38% Airbnb Rental Income: $1859 Traditional Rental Income: $2395 Airbnb ROI: 0.15% Traditional ROI: 2.38%
4203 5th Avenue SW Altoona, IA Destiny Homes presents the Fremont ranch. The Fremont features 3 bedrooms, 2 car garage, 2...	3 beds \| 2 baths \| 1,316 sq.ft.	$324,500	Airbnb cash on cash: 1.36% Traditional cash on cash: 5.49% Airbnb Rental Income: $1227 Traditional Rental Income: $2094 Airbnb ROI: 1.36% Traditional ROI: 5.49%
707 18th Street SE Altoona, IA Welcome to this well-maintained 4-bedroom, 3-bathroom ranch-style home that has everything...	4 beds \| 3 baths \| 1,437 sq.ft.	$334,900	Airbnb cash on cash: 1.94% Traditional cash on cash: 5.69% Airbnb Rental Income: $1859 Traditional Rental Income: $2539 Airbnb ROI: 1.94% Traditional ROI: 5.69%

Real Estate investment in Altoona, IA

There are 115 properties for sale in the city of Altoona . The median list price in Altoona is $335,000 and the average price per square foot is $215. In December 2025, the average monthly cash on cash return in Altoona is 4.00%. The average monthly rental income in Altoona is $2,321.

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

There are 115 investment properties available for sale in Altoona.

In 2025, the best neighborhood to buy investment property is Altoona.

The ROI for Short-Term is higher than the Long-Term in Altoona with average rental income of $1,227.

Your search for investment property begins and ends here

Investment Property for Sale in Altoona, IA

1006 6th Street NW

Altoona, IA

3 beds | 2 baths | 880 sq.ft.

$199,900

Airbnb cash on cash: 1.23%

Traditional cash on cash: 6.54%

Airbnb Rental Income: $1227

Traditional Rental Income: $1841

Airbnb ROI: 1.23%

Traditional ROI: 6.54%

2624 4th Avenue SW

Altoona, IA

4 beds | 3 baths | 1,528 sq.ft.

$390,000

Airbnb cash on cash: 0.82%

Traditional cash on cash: 4.02%

Airbnb Rental Income: $1859

Traditional Rental Income: $2533

Airbnb ROI: 0.82%

Traditional ROI: 4.02%

1738 Everwood Court SW

Altoona, IA

4 beds | 4 baths | 2,284 sq.ft.

$450,000

Airbnb cash on cash: -0.16%

Traditional cash on cash: 3.57%

Airbnb Rental Income: $1859

Traditional Rental Income: $2931

Airbnb ROI: -0.16%

Traditional ROI: 3.57%

1324 Tuscany Drive SE

Altoona, IA

3 beds | 2 baths | 1,496 sq.ft.

$325,000

Airbnb cash on cash: -0.28%

Traditional cash on cash: 4.51%

Airbnb Rental Income: $1227

Traditional Rental Income: $2297

Airbnb ROI: -0.28%

Traditional ROI: 4.51%

1634 Prairie Circle

Altoona, IA

3 beds | 3 baths | 1,198 sq.ft.

$204,900

Airbnb cash on cash: -0.38%

Traditional cash on cash: 6.08%

Airbnb Rental Income: $1227

Traditional Rental Income: $2090

Airbnb ROI: -0.38%

Traditional ROI: 6.08%

2405 3rd Avenue SE

Altoona, IA

3 beds | 3 baths | 1,378 sq.ft.

$370,000

Airbnb cash on cash: -0.82%

Traditional cash on cash: 3.76%

Airbnb Rental Income: $1227

Traditional Rental Income: $2422

Airbnb ROI: -0.82%

Traditional ROI: 3.76%

705 35th Street SW

Altoona, IA

4 beds | 3 baths | 1,487 sq.ft.

$480,000

Airbnb cash on cash: 0.43%

Traditional cash on cash: 3.06%

Airbnb Rental Income: $1859

Traditional Rental Income: $2541

Airbnb ROI: 0.43%

Traditional ROI: 3.06%

210 31st Street SE

Altoona, IA

4 beds | 3 baths | 1,562 sq.ft.

$409,900

Airbnb cash on cash: 0.92%

Traditional cash on cash: 4.1%

Airbnb Rental Income: $1859

Traditional Rental Income: $2585

Airbnb ROI: 0.92%