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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1113 9th Avenue SE Altoona, IA Step inside & be prepared to be wow'd w/uniqueness in this 2story w/open floor plan! Gorge...	3 beds \| 3 baths \| 1,802 sq.ft.	$319,500	Airbnb cash on cash: 0.02% Traditional cash on cash: 5.17% Airbnb Rental Income: $1335 Traditional Rental Income: $2470 Airbnb ROI: 0.02% Traditional ROI: 5.17%
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: 0.41% Traditional cash on cash: 3.57% Airbnb Rental Income: $2146 Traditional Rental Income: $2931 Airbnb ROI: 0.41% Traditional ROI: 3.57%
301 5th Street Place SE Altoona, IA Welcome home to Altoona! This charming 2 bedroom ranch is just down the road from Haines P...	2 beds \| 1 baths \| 988 sq.ft.	$215,000	Airbnb cash on cash: 0.57% Traditional cash on cash: 5.15% Airbnb Rental Income: $1083 Traditional Rental Income: $1648 Airbnb ROI: 0.57% Traditional ROI: 5.15%
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: 0.08% Traditional cash on cash: 6.08% Airbnb Rental Income: $1335 Traditional Rental Income: $2090 Airbnb ROI: 0.08% Traditional ROI: 6.08%
550 25th Street SE Altoona, IA 3.125% VA ASSUMABLE LOAN on this this adorable 2 story home in Altoona, that sits on a cor...	4 beds \| 3 baths \| 1,918 sq.ft.	$329,990	Airbnb cash on cash: 2.31% Traditional cash on cash: 5.37% Airbnb Rental Income: $2146 Traditional Rental Income: $2548 Airbnb ROI: 2.31% Traditional ROI: 5.37%
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.	$434,900	Airbnb cash on cash: 1.39% Traditional cash on cash: 3.81% Airbnb Rental Income: $2146 Traditional Rental Income: $2585 Airbnb ROI: 1.39% Traditional ROI: 3.81%
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: 2.16% Traditional cash on cash: 4.79% Airbnb Rental Income: $2146 Traditional Rental Income: $2476 Airbnb ROI: 2.16% Traditional ROI: 4.79%
201 11th Street NW Altoona, IA This home offers 3,500+ sq ft of finished living space across 3 levels! The versatile 1.5-...	4 beds \| 4 baths \| 2,311 sq.ft.	$435,000	Airbnb cash on cash: 1.31% Traditional cash on cash: 4.58% Airbnb Rental Income: $2146 Traditional Rental Income: $2934 Airbnb ROI: 1.31% Traditional ROI: 4.58%
612 12th Avenue NW Altoona, IA ****Same day sale	2 beds \| 1 baths \| 901 sq.ft.	$211,200	Airbnb cash on cash: 0.56% Traditional cash on cash: 1.86% Airbnb Rental Income: $1083 Traditional Rental Income: $974 Airbnb ROI: 0.56% Traditional ROI: 1.86%
1124 12th Avenue SE Altoona, IA Welcome to this spacious ranch in a great Altoona location, offering over 2,700 finished s...	3 beds \| 3 baths \| 1,858 sq.ft.	$424,900	Airbnb cash on cash: -0.44% Traditional cash on cash: 3.46% Airbnb Rental Income: $1335 Traditional Rental Income: $2475 Airbnb ROI: -0.44% Traditional ROI: 3.46%
221 19th Street SW Altoona, IA This beautiful, 4 bedroom ranch home offers over 3200 sq ft of finish in one of the most d...	4 beds \| 4 baths \| 1,712 sq.ft.	$450,000	Airbnb cash on cash: 0.84% Traditional cash on cash: 2.86% Airbnb Rental Income: $2146 Traditional Rental Income: $2453 Airbnb ROI: 0.84% Traditional ROI: 2.86%
507 4th Street NW Altoona, IA Beautifully kept cozy 3BR with great curb appeal! Efficient single-story floor plan, ideal...	3 beds \| 1 baths \| 960 sq.ft.	$229,500	Airbnb cash on cash: 1.54% Traditional cash on cash: 5.19% Airbnb Rental Income: $1335 Traditional Rental Income: $1717 Airbnb ROI: 1.54% Traditional ROI: 5.19%
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.	$639,900	Airbnb cash on cash: -1.34% Traditional cash on cash: 1.79% Airbnb Rental Income: $1335 Traditional Rental Income: $2794 Airbnb ROI: -1.34% Traditional ROI: 1.79%
2643 20th Street SW Altoona, IA This fabulous 3 bed, 3 bath, 2-story home is just 5 years young and packed with extras tha...	3 beds \| 3 baths \| 1,406 sq.ft.	$314,900	Airbnb cash on cash: 0.76% Traditional cash on cash: 5.85% Airbnb Rental Income: $1335 Traditional Rental Income: $2433 Airbnb ROI: 0.76% Traditional ROI: 5.85%
544 Kelsey Lane Altoona, IA Move in ready! Put the mower and shovel away and enjoy the townhome living. This 2 bedroom...	2 beds \| 2 baths \| 1,164 sq.ft.	$179,900	Airbnb cash on cash: -0.33% Traditional cash on cash: 6.86% Airbnb Rental Income: $1083 Traditional Rental Income: $1945 Airbnb ROI: -0.33% Traditional ROI: 6.86%
1835 8th Avenue SE Altoona, IA This Happe Homes resale was built in 2021 has a full 5 year tax abatement! Better than new...	4 beds \| 3 baths \| 1,840 sq.ft.	$374,900	Airbnb cash on cash: 1.45% Traditional cash on cash: 4.8% Airbnb Rental Income: $2146 Traditional Rental Income: $2776 Airbnb ROI: 1.45% Traditional ROI: 4.8%
506 2nd Avenue SW Altoona, IA Welcome to your spacious, 3-bed, 3-bath, 3000+ sq ft BRICK ranch w/ main floor living. Thi...	3 beds \| 3 baths \| 1,576 sq.ft.	$365,000	Airbnb cash on cash: -0.06% Traditional cash on cash: 3.97% Airbnb Rental Income: $1335 Traditional Rental Income: $2304 Airbnb ROI: -0.06% Traditional ROI: 3.97%
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.	$460,000	Airbnb cash on cash: -0.44% Traditional cash on cash: 3.56% Airbnb Rental Income: $1335 Traditional Rental Income: $2645 Airbnb ROI: -0.44% Traditional ROI: 3.56%
2622 3rd Avenue SE Altoona, IA Berkey Homebuilders Inc. welcomes you to our model townhome on a daylight lot. This ranch ...	3 beds \| 3 baths \| 1,364 sq.ft.	$370,000	Airbnb cash on cash: -0.52% Traditional cash on cash: 3.35% Airbnb Rental Income: $1335 Traditional Rental Income: $2268 Airbnb ROI: -0.52% Traditional ROI: 3.35%
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.	$539,900	Airbnb cash on cash: 0.39% Traditional cash on cash: 1.07% Airbnb Rental Income: $2146 Traditional Rental Income: $1939 Airbnb ROI: 0.39% Traditional ROI: 1.07%
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.	$370,000	Airbnb cash on cash: -0.1% Traditional cash on cash: 2.66% Airbnb Rental Income: $1335 Traditional Rental Income: $1881 Airbnb ROI: -0.1% Traditional ROI: 2.66%
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.	$365,000	Airbnb cash on cash: 1.69% Traditional cash on cash: 4.24% Airbnb Rental Income: $2146 Traditional Rental Income: $2471 Airbnb ROI: 1.69% Traditional ROI: 4.24%
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: -0.54% Traditional cash on cash: 3.74% Airbnb Rental Income: $1335 Traditional Rental Income: $2408 Airbnb ROI: -0.54% 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.	$419,900	Airbnb cash on cash: 1.23% Traditional cash on cash: 2.96% Airbnb Rental Income: $2146 Traditional Rental Income: $2282 Airbnb ROI: 1.23% Traditional ROI: 2.96%
327 41st Street SW Altoona, IA Destiny Homes presents the Briarwood , an impressive, spacious home featuring 4 bedrooms, ...	4 beds \| 3 baths \| 2,006 sq.ft.	$409,900	Airbnb cash on cash: 1.32% Traditional cash on cash: 2.3% Airbnb Rental Income: $2146 Traditional Rental Income: $1976 Airbnb ROI: 1.32% Traditional ROI: 2.3%
920 15th Street SE Altoona, IA Experience the perfect blend of comfort and style in this stunning 3-bedroom, 4-bathroom h...	3 beds \| 4 baths \| 1,507 sq.ft.	$315,000	Airbnb cash on cash: 0.28% Traditional cash on cash: 5.29% Airbnb Rental Income: $1335 Traditional Rental Income: $2408 Airbnb ROI: 0.28% Traditional ROI: 5.29%
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: 0.26% Traditional cash on cash: 4.63% Airbnb Rental Income: $1335 Traditional Rental Income: $2140 Airbnb ROI: 0.26% Traditional ROI: 4.63%
2002 2nd Avenue SE Altoona, IA This beautifully maintained 4-bedroom home offers incredible space & modern updates throug...	4 beds \| 4 baths \| 1,904 sq.ft.	$364,900	Airbnb cash on cash: 1.69% Traditional cash on cash: 4.61% Airbnb Rental Income: $2146 Traditional Rental Income: $2598 Airbnb ROI: 1.69% Traditional ROI: 4.61%
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%
321 32nd Street SW Altoona, IA This meticulously maintained ranch home offers an open-concept layout with vaulted ceiling...	4 beds \| 3 baths \| 1,442 sq.ft.	$405,000	Airbnb cash on cash: 1.48% Traditional cash on cash: 3.09% Airbnb Rental Income: $2146 Traditional Rental Income: $2210 Airbnb ROI: 1.48% Traditional ROI: 3.09%
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: -0.25% Traditional cash on cash: 2.72% Airbnb Rental Income: $1335 Traditional Rental Income: $2587 Airbnb ROI: -0.25% Traditional ROI: 2.72%
1046 10th Avenue NW Altoona, IA Don't miss this beautifully updated two-story townhome in Altoona, offering a modern layou...	2 beds \| 2 baths \| 1,056 sq.ft.	$164,000	Airbnb cash on cash: 0.17% Traditional cash on cash: 5.96% Airbnb Rental Income: $1083 Traditional Rental Income: $1620 Airbnb ROI: 0.17% Traditional ROI: 5.96%
1103 4th Street NW Altoona, IA Discover this charming 3-bedroom, 1.5-bathroom home in a quiet Altoona neighborhood, locat...	3 beds \| 2 baths \| 992 sq.ft.	$255,000	Airbnb cash on cash: 0.94% Traditional cash on cash: 3.84% Airbnb Rental Income: $1335 Traditional Rental Income: $1621 Airbnb ROI: 0.94% Traditional ROI: 3.84%
505 5th Street SE Altoona, IA Move-in Ready Split-foyer Home! This beautifully updated split-foyer offers modern comfort...	4 beds \| 2 baths \| 954 sq.ft.	$280,000	Airbnb cash on cash: 3.32% Traditional cash on cash: 4.34% Airbnb Rental Income: $2146 Traditional Rental Income: $1868 Airbnb ROI: 3.32% Traditional ROI: 4.34%
8065 NE 25th Avenue Altoona, IA Desiring to live close to amenities but experience the serenity of country living? Come an...	4 beds \| 4 baths \| 2,411 sq.ft.	$659,900	Airbnb cash on cash: 0.46% Traditional cash on cash: 3.53% Airbnb Rental Income: $2146 Traditional Rental Income: $3490 Airbnb ROI: 0.46% Traditional ROI: 3.53%
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.	$350,000	Airbnb cash on cash: -0.03% Traditional cash on cash: 3.94% Airbnb Rental Income: $1335 Traditional Rental Income: $2228 Airbnb ROI: -0.03% Traditional ROI: 3.94%
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.	$355,000	Airbnb cash on cash: -0.06% Traditional cash on cash: 3.65% Airbnb Rental Income: $1335 Traditional Rental Income: $2162 Airbnb ROI: -0.06% Traditional ROI: 3.65%
303 29th Street SW Altoona, IA Step into your future home-on your own schedule! With UTOUR self-guided access daily from ...	3 beds \| 3 baths \| 1,500 sq.ft.	$345,000	Airbnb cash on cash: 0.01% Traditional cash on cash: 4.36% Airbnb Rental Income: $1335 Traditional Rental Income: $2333 Airbnb ROI: 0.01% Traditional ROI: 4.36%
800 Scenic View Boulevard Altoona, IA Fabulous Ranch Home with a backyard retreat sure to WOW you. Quality is obvious in this ho...	3 beds \| 3 baths \| 1,503 sq.ft.	$398,000	Airbnb cash on cash: -0.04% Traditional cash on cash: 3.7% Airbnb Rental Income: $1335 Traditional Rental Income: $2319 Airbnb ROI: -0.04% Traditional ROI: 3.7%
2904 3rd Avenue SW Altoona, IA Tour this home at your convenience daily from 7am- 9pm, using UTOUR. Show up at the house ...	4 beds \| 3 baths \| 1,667 sq.ft.	$365,000	Airbnb cash on cash: 3.34% Traditional cash on cash: 5.88% Airbnb Rental Income: $2146 Traditional Rental Income: $2471 Airbnb ROI: 3.34% Traditional ROI: 5.88%

Real Estate investment in Altoona, IA

There are 120 properties for sale in the city of Altoona . The median list price in Altoona is $355,000 and the average price per square foot is $221. In September 2025, the average monthly cash on cash return in Altoona is 5.00%. The average monthly rental income in Altoona is $2,378.

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

There are 120 investment properties available for sale in Altoona.

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

The ROI for Long-Term is higher than the Short-Term in Altoona with average rental income of $2,378.

Your search for investment property begins and ends here

Investment Property for Sale in Altoona, IA

1113 9th Avenue SE

Altoona, IA

3 beds | 3 baths | 1,802 sq.ft.

$319,500

Airbnb cash on cash: 0.02%

Traditional cash on cash: 5.17%

Airbnb Rental Income: $1335

Traditional Rental Income: $2470

Airbnb ROI: 0.02%

Traditional ROI: 5.17%

1738 Everwood Court SW

Altoona, IA

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

$450,000

Airbnb cash on cash: 0.41%

Traditional cash on cash: 3.57%

Airbnb Rental Income: $2146

Traditional Rental Income: $2931

Airbnb ROI: 0.41%

Traditional ROI: 3.57%

301 5th Street Place SE

Altoona, IA

2 beds | 1 baths | 988 sq.ft.

$215,000

Airbnb cash on cash: 0.57%

Traditional cash on cash: 5.15%

Airbnb Rental Income: $1083

Traditional Rental Income: $1648

Airbnb ROI: 0.57%

Traditional ROI: 5.15%

1634 Prairie Circle

Altoona, IA

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

$204,900

Airbnb cash on cash: 0.08%

Traditional cash on cash: 6.08%

Airbnb Rental Income: $1335

Traditional Rental Income: $2090

Airbnb ROI: 0.08%

Traditional ROI: 6.08%

550 25th Street SE

Altoona, IA

4 beds | 3 baths | 1,918 sq.ft.

$329,990

Airbnb cash on cash: 2.31%

Traditional cash on cash: 5.37%

Airbnb Rental Income: $2146

Traditional Rental Income: $2548

Airbnb ROI: 2.31%

Traditional ROI: 5.37%

210 31st Street SE

Altoona, IA

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

$434,900

Airbnb cash on cash: 1.39%

Traditional cash on cash: 3.81%

Airbnb Rental Income: $2146

Traditional Rental Income: $2585

Airbnb ROI: 1.39%

Traditional ROI: 3.81%

1209 10th Avenue Place SE

Altoona, IA

4 beds | 4 baths | 1,724 sq.ft.

$355,000

Airbnb cash on cash: 2.16%

Traditional cash on cash: 4.79%

Airbnb Rental Income: $2146

Traditional Rental Income: $2476

Airbnb ROI: 2.16%

Traditional ROI: 4.79%

201 11th Street NW

Altoona, IA

4 beds | 4 baths | 2,311 sq.ft.

$435,000

Airbnb cash on cash: 1.31%

Traditional cash on cash: 4.58%

Airbnb Rental Income: $2146

Traditional Rental Income: $2934

Airbnb ROI: 1.31%