Real Estate Investment Properties for Sale in Ames, IA

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
719 Garden Road Ames, IA Welcome to 719 Garden Road, a home that offers a rare blend of thoughtful updates, outdoor...	1 beds \| 2 baths \| 1,527 sq.ft.	$285,000	Airbnb cash on cash: -1.26% Traditional cash on cash: 4.32% Airbnb Rental Income: $584 Traditional Rental Income: $1795 Airbnb ROI: -1.26% Traditional ROI: 4.32%
2817 Clayton Drive Ames, IA Located in the heart of Somerset, this 2017 home is close to everything you love about Nor...	3 beds \| 3 baths \| 1,688 sq.ft.	$479,000	Airbnb cash on cash: -0.62% Traditional cash on cash: 3.22% Airbnb Rental Income: $1261 Traditional Rental Income: $2583 Airbnb ROI: -0.62% Traditional ROI: 3.22%
2435 Aspen Road #103 Ames, IA Welcome to this beautifully maintained ground-floor unit offering the perfect blend of com...	2 beds \| 2 baths \| 1,111 sq.ft.	$210,000	Airbnb cash on cash: -0.88% Traditional cash on cash: 6.05% Airbnb Rental Income: $966 Traditional Rental Income: $1995 Airbnb ROI: -0.88% Traditional ROI: 6.05%
5235 Texas Circle Ames, IA Located on a quiet cul-de-sac, this split-level home offers a welcoming first impression w...	4 beds \| 4 baths \| 1,522 sq.ft.	$300,000	Airbnb cash on cash: 2.85% Traditional cash on cash: 6.17% Airbnb Rental Income: $2087 Traditional Rental Income: $2488 Airbnb ROI: 2.85% Traditional ROI: 6.17%
1026 Poe Avenue Ames, IA Clean, updated, and easy to own. Major items are already taken care of with a newer roof, ...	3 beds \| 3 baths \| 1,404 sq.ft.	$309,000	Airbnb cash on cash: 0.4% Traditional cash on cash: 5.11% Airbnb Rental Income: $1261 Traditional Rental Income: $2232 Airbnb ROI: 0.4% Traditional ROI: 5.11%
2218 Storm Street Ames, IA 2218 Storm Street is a special, beautifully maintained older home! Rich character shines t...	5 beds \| 3 baths \| 1,665 sq.ft.	$399,000	Airbnb cash on cash: 3.48% Traditional cash on cash: 4.92% Airbnb Rental Income: $2765 Traditional Rental Income: $2656 Airbnb ROI: 3.48% Traditional ROI: 4.92%
613 Meadow Place Ames, IA 3 Bedroom end-unit townhome in South Ames. 2 bathrooms with tile surrounds, nice sized liv...	3 beds \| 2 baths \| 630 sq.ft.	$112,000	Airbnb cash on cash: 3.38% Traditional cash on cash: 10.71% Airbnb Rental Income: $1261 Traditional Rental Income: $1656 Airbnb ROI: 3.38% Traditional ROI: 10.71%
324 Rockwell Avenue Ames, IA This well cared for 4 bedroom 2 bathroom ranch style home offers comfort, space, and updat...	4 beds \| 2 baths \| 864 sq.ft.	$260,000	Airbnb cash on cash: 3.91% Traditional cash on cash: 4.42% Airbnb Rental Income: $2087 Traditional Rental Income: $1675 Airbnb ROI: 3.91% Traditional ROI: 4.42%
4146 Eisenhower Lane #1 Ames, IA This home is currently listed as a 'delayed showing'. Under no circumstances will any show...	2 beds \| 1 baths \| 1,258 sq.ft.	$219,900	Airbnb cash on cash: -0.38% Traditional cash on cash: 4.64% Airbnb Rental Income: $966 Traditional Rental Income: $1662 Airbnb ROI: -0.38% Traditional ROI: 4.64%
1956 Wyngate Drive Ames, IA Beautifully updated 4-bedroom, 3-bathroom home located just minutes from Ada Hayden Herita...	4 beds \| 3 baths \| 1,768 sq.ft.	$370,000	Airbnb cash on cash: 2.06% Traditional cash on cash: 4.61% Airbnb Rental Income: $2087 Traditional Rental Income: $2435 Airbnb ROI: 2.06% Traditional ROI: 4.61%
1002 Yuma Avenue Ames, IA Welcome to this extremely well-maintained home in Ames, offering 4 bedrooms plus a dedicat...	4 beds \| 2 baths \| 901 sq.ft.	$275,000	Airbnb cash on cash: 3.61% Traditional cash on cash: 5.59% Airbnb Rental Income: $2087 Traditional Rental Income: $2064 Airbnb ROI: 3.61% Traditional ROI: 5.59%
1101 N 3rd Street Ames, IA Welcome home! This 2-bedroom, 1-bath home is a move-in ready corner property ideally situa...	2 beds \| 1 baths \| 768 sq.ft.	$209,000	Airbnb cash on cash: 0.67% Traditional cash on cash: 5.56% Airbnb Rental Income: $966 Traditional Rental Income: $1586 Airbnb ROI: 0.67% Traditional ROI: 5.56%
809 Wilson Avenue Ames, IA Welcome home to this charming bungalow in the heart of Ames! This 3 bedroom, 1 bath home o...	3 beds \| 1 baths \| 1,178 sq.ft.	$219,000	Airbnb cash on cash: 1.74% Traditional cash on cash: 6.84% Airbnb Rental Income: $1261 Traditional Rental Income: $1921 Airbnb ROI: 1.74% Traditional ROI: 6.84%
4714 Todd Drive Ames, IA Welcome to this spacious 3-bedroom, 2.5-bathroom townhouse that blends comfort, convenienc...	3 beds \| 3 baths \| 1,314 sq.ft.	$219,000	Airbnb cash on cash: 0.3% Traditional cash on cash: 6.72% Airbnb Rental Income: $1261 Traditional Rental Income: $2194 Airbnb ROI: 0.3% Traditional ROI: 6.72%
715 Grand Avenue Ames, IA Welcome to your new fully renovated home! This beautifully updated home blends classic cha...	3 beds \| 3 baths \| 1,783 sq.ft.	$304,900	Airbnb cash on cash: 0.57% Traditional cash on cash: 6.06% Airbnb Rental Income: $1261 Traditional Rental Income: $2437 Airbnb ROI: 0.57% Traditional ROI: 6.06%
415 Stanton Avenue #213 Ames, IA Welcome to easy, elevated living at The Crawford! One of Ames' most unique and charming 55...	2 beds \| 2 baths \| 1,273 sq.ft.	$379,000	Airbnb cash on cash: -1.26% Traditional cash on cash: 2.74% Airbnb Rental Income: $966 Traditional Rental Income: $2039 Airbnb ROI: -1.26% Traditional ROI: 2.74%
220 S Maple Avenue Ames, IA Welcome home to 220 S. Maple Ave! Just one block from O'Neil Park, this charming 4 bedroom...	4 beds \| 2 baths \| 1,957 sq.ft.	$315,000	Airbnb cash on cash: 2.84% Traditional cash on cash: 5.7% Airbnb Rental Income: $2087 Traditional Rental Income: $2399 Airbnb ROI: 2.84% Traditional ROI: 5.7%
1240 Truman Place Ames, IA The Sellers will not accept any proposed purchase agreements/offers earlier than 6pm on 4/...	2 beds \| 3 baths \| 987 sq.ft.	$179,900	Airbnb cash on cash: -0.15% Traditional cash on cash: 6.76% Airbnb Rental Income: $966 Traditional Rental Income: $1800 Airbnb ROI: -0.15% Traditional ROI: 6.76%
316 Ken Maril Road Ames, IA This comfortable home has a lot more than immediately meets the eye. The fenced yard backs...	4 beds \| 3 baths \| 1,287 sq.ft.	$329,000	Airbnb cash on cash: 2.73% Traditional cash on cash: 5.05% Airbnb Rental Income: $2087 Traditional Rental Income: $2269 Airbnb ROI: 2.73% Traditional ROI: 5.05%
2018 Cessna Street Ames, IA This charming home at Ames, Iowa offers standout curb appeal along with updates and an inv...	3 beds \| 2 baths \| 1,801 sq.ft.	$394,000	Airbnb cash on cash: 0% Traditional cash on cash: 4.04% Airbnb Rental Income: $1261 Traditional Rental Income: $2356 Airbnb ROI: 0% Traditional ROI: 4.04%
4255 Eisenhower Lane #17 Ames, IA Townhome with 1,800+ finished sq ft in Bloomington Heights, north Ames, and Gilbert School...	3 beds \| 3 baths \| 1,363 sq.ft.	$269,000	Airbnb cash on cash: -0.16% Traditional cash on cash: 3.01% Airbnb Rental Income: $1261 Traditional Rental Income: $1666 Airbnb ROI: -0.16% Traditional ROI: 3.01%
2427 Hamilton Drive Ames, IA Welcome to this light-filled 3 bed, 3 bath townhome ideally positioned on the sunny south ...	3 beds \| 3 baths \| 1,333 sq.ft.	$270,000	Airbnb cash on cash: -7.59% Traditional cash on cash: -2.65% Airbnb Rental Income: $1261 Traditional Rental Income: $2120 Airbnb ROI: -7.59% Traditional ROI: -2.65%
3207 Oakland Street Ames, IA Welcome to your forever home-perfectly situated on an incredibly rare in-town acreage back...	3 beds \| 3 baths \| 2,180 sq.ft.	$629,900	Airbnb cash on cash: -0.46% Traditional cash on cash: 3.5% Airbnb Rental Income: $1261 Traditional Rental Income: $3189 Airbnb ROI: -0.46% Traditional ROI: 3.5%
2425 Dalton Circle Ames, IA Welcome to your dream home in North Ames! This stunning home is packed with luxurious upgr...	4 beds \| 3 baths \| 1,905 sq.ft.	$565,000	Airbnb cash on cash: 0.71% Traditional cash on cash: 2.86% Airbnb Rental Income: $2087 Traditional Rental Income: $2684 Airbnb ROI: 0.71% Traditional ROI: 2.86%
2934 Green Hills Drive Ames, IA Come and take a look at this wonderful single family home with beautifully finished spaces...	3 beds \| 3 baths \| 2,616 sq.ft.	$679,000	Airbnb cash on cash: -1.57% Traditional cash on cash: 1.06% Airbnb Rental Income: $1261 Traditional Rental Income: $2526 Airbnb ROI: -1.57% Traditional ROI: 1.06%
1312/1314 Wilson Avenue Ames, IA Turnkey Duplex Investment Opportunity! Well-maintained duplex offering strong rental poten...	5 beds \| 2 baths \| 1,632 sq.ft.	$330,000	Airbnb cash on cash: 4.59% Traditional cash on cash: 3.28% Airbnb Rental Income: $2765 Traditional Rental Income: $1709 Airbnb ROI: 4.59% Traditional ROI: 3.28%
839 Poe Avenue Ames, IA Located in desirable West Ames, this 3-bedroom, 3.5-bath home offers comfortable living wi...	3 beds \| 3 baths \| 1,797 sq.ft.	$339,500	Airbnb cash on cash: 0.09% Traditional cash on cash: 4.75% Airbnb Rental Income: $1261 Traditional Rental Income: $2347 Airbnb ROI: 0.09% Traditional ROI: 4.75%
5211 Harvest Road Ames, IA Looking for a ranch home with space, style, and incredible sunsets? Welcome to 5211 Harves...	4 beds \| 3 baths \| 1,968 sq.ft.	$659,900	Airbnb cash on cash: 0.17% Traditional cash on cash: 0.36% Airbnb Rental Income: $2087 Traditional Rental Income: $1667 Airbnb ROI: 0.17% Traditional ROI: 0.36%
914 Idaho Avenue Ames, IA Everything you've been searching for in your next home is right here; space, style, and a ...	4 beds \| 3 baths \| 2,496 sq.ft.	$495,000	Airbnb cash on cash: 1.14% Traditional cash on cash: 3.13% Airbnb Rental Income: $2087 Traditional Rental Income: $2472 Airbnb ROI: 1.14% Traditional ROI: 3.13%
3120 Cottontail Lane Ames, IA Welcome to this beautifully maintained Tasteful Home in the highly sought-after Ringgenber...	4 beds \| 3 baths \| 1,460 sq.ft.	$474,900	Airbnb cash on cash: 0.88% Traditional cash on cash: 2.2% Airbnb Rental Income: $2087 Traditional Rental Income: $2138 Airbnb ROI: 0.88% Traditional ROI: 2.2%
3120 Roxboro Drive Ames, IA Explore this pristine, ready-to-move-in residence boasting 4161 square feet of finished sp...	5 beds \| 4 baths \| 2,605 sq.ft.	$546,000	Airbnb cash on cash: 1.25% Traditional cash on cash: 3.83% Airbnb Rental Income: $2765 Traditional Rental Income: $3432 Airbnb ROI: 1.25% Traditional ROI: 3.83%
415 S Walnut Avenue Ames, IA Move-in-ready comfort and standout convenience--this centrally located ranch-style home pu...	2 beds \| 2 baths \| 980 sq.ft.	$245,000	Airbnb cash on cash: 0.26% Traditional cash on cash: 5.48% Airbnb Rental Income: $966 Traditional Rental Income: $1825 Airbnb ROI: 0.26% Traditional ROI: 5.48%
1219 Wisconsin Avenue Ames, IA This is a huge two-story home with 2 primary suites and two laundry areas! The main floor ...	5 beds \| 3 baths \| 2,796 sq.ft.	$379,900	Airbnb cash on cash: 3.24% Traditional cash on cash: 7.81% Airbnb Rental Income: $2765 Traditional Rental Income: $3743 Airbnb ROI: 3.24% Traditional ROI: 7.81%
2711 Bristol Drive Ames, IA If you've been waiting for something move-in ready in a location that makes life easier, t...	2 beds \| 3 baths \| 1,344 sq.ft.	$289,900	Airbnb cash on cash: -1.02% Traditional cash on cash: 4.96% Airbnb Rental Income: $966 Traditional Rental Income: $2250 Airbnb ROI: -1.02% Traditional ROI: 4.96%
5453 Rowling Drive Ames, IA Stylish, spacious, and full of extras - this 1-level stunner is more than just a home... i...	3 beds \| 2 baths \| 1,477 sq.ft.	$430,000	Airbnb cash on cash: -0.19% Traditional cash on cash: 3.43% Airbnb Rental Income: $1261 Traditional Rental Income: $2320 Airbnb ROI: -0.19% Traditional ROI: 3.43%
4713 Ontario Street Ames, IA 3 properties sold together all adjacent to each other of 1307 Florida Ave. 4 plex, 4713 On...	N/A beds \| N/A baths \| 2,304 sq.ft.	$1,050,000	Airbnb cash on cash: -1% Traditional cash on cash: 0% Airbnb Rental Income: $751 Traditional Rental Income: $1412 Airbnb ROI: -1% Traditional ROI: 0%
4716 Hutchison Street Ames, IA 3 properties sold together all adjacent to each other of 1307 Florida Ave. 4 plex, 4713 On...	N/A beds \| N/A baths \| 1,824 sq.ft.	$1,050,000	Airbnb cash on cash: -1.02% Traditional cash on cash: -0.12% Airbnb Rental Income: $751 Traditional Rental Income: $1314 Airbnb ROI: -1.02% Traditional ROI: -0.12%
625 Fremont Avenue Ames, IA Welcome to this stunning new construction home by Gladiator Homes, featuring the popular G...	3 beds \| 2 baths \| 1,387 sq.ft.	$395,000	Airbnb cash on cash: -0.51% Traditional cash on cash: 3.95% Airbnb Rental Income: $1261 Traditional Rental Income: $2516 Airbnb ROI: -0.51% Traditional ROI: 3.95%
2508 Cottonwood Road Ames, IA Stunning Executive Ranch Home in a Premier South Ames Location!!! Welcome to this beautifu...	4 beds \| 4 baths \| 2,707 sq.ft.	$799,900	Airbnb cash on cash: -0.57% Traditional cash on cash: 1.84% Airbnb Rental Income: $2087 Traditional Rental Income: $3342 Airbnb ROI: -0.57% Traditional ROI: 1.84%
3032 Stockbury Street Ames, IA This beautifully crafted home, custom built by renowned local builder, Tasteful Homes, off...	4 beds \| 4 baths \| 3,044 sq.ft.	$685,000	Airbnb cash on cash: -0.11% Traditional cash on cash: 3.19% Airbnb Rental Income: $2087 Traditional Rental Income: $3659 Airbnb ROI: -0.11% Traditional ROI: 3.19%

Real Estate investment in Ames, IA

There are 139 properties for sale in the city of Ames . The median list price in Ames is $379,000 and the average price per square foot is $202. In May 2026, the average monthly cash on cash return in Ames is 4.00%. The average monthly rental income in Ames is $2,364.

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

There are 139 investment properties available for sale in Ames.

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

The ROI for Long-Term is higher than the Short-Term in Ames with average rental income of $2,364.

Your search for investment property begins and ends here

Investment Property for Sale in Ames, IA

719 Garden Road

Ames, IA

1 beds | 2 baths | 1,527 sq.ft.

$285,000

Airbnb cash on cash: -1.26%

Traditional cash on cash: 4.32%

Airbnb Rental Income: $584

Traditional Rental Income: $1795

Airbnb ROI: -1.26%

Traditional ROI: 4.32%

2817 Clayton Drive

Ames, IA

3 beds | 3 baths | 1,688 sq.ft.

$479,000

Airbnb cash on cash: -0.62%

Traditional cash on cash: 3.22%

Airbnb Rental Income: $1261

Traditional Rental Income: $2583

Airbnb ROI: -0.62%

Traditional ROI: 3.22%

2435 Aspen Road #103

Ames, IA

2 beds | 2 baths | 1,111 sq.ft.

$210,000

Airbnb cash on cash: -0.88%

Traditional cash on cash: 6.05%

Airbnb Rental Income: $966

Traditional Rental Income: $1995

Airbnb ROI: -0.88%

Traditional ROI: 6.05%

5235 Texas Circle

Ames, IA

4 beds | 4 baths | 1,522 sq.ft.

$300,000

Airbnb cash on cash: 2.85%

Traditional cash on cash: 6.17%

Airbnb Rental Income: $2087

Traditional Rental Income: $2488

Airbnb ROI: 2.85%

Traditional ROI: 6.17%

1026 Poe Avenue

Ames, IA

3 beds | 3 baths | 1,404 sq.ft.

$309,000

Airbnb cash on cash: 0.4%

Traditional cash on cash: 5.11%

Airbnb Rental Income: $1261

Traditional Rental Income: $2232

Airbnb ROI: 0.4%

Traditional ROI: 5.11%

2218 Storm Street

Ames, IA

5 beds | 3 baths | 1,665 sq.ft.

$399,000

Airbnb cash on cash: 3.48%

Traditional cash on cash: 4.92%

Airbnb Rental Income: $2765

Traditional Rental Income: $2656

Airbnb ROI: 3.48%

Traditional ROI: 4.92%

613 Meadow Place

Ames, IA

3 beds | 2 baths | 630 sq.ft.

$112,000

Airbnb cash on cash: 3.38%

Traditional cash on cash: 10.71%

Airbnb Rental Income: $1261

Traditional Rental Income: $1656

Airbnb ROI: 3.38%

Traditional ROI: 10.71%

324 Rockwell Avenue

Ames, IA

4 beds | 2 baths | 864 sq.ft.

$260,000

Airbnb cash on cash: 3.91%

Traditional cash on cash: 4.42%

Airbnb Rental Income: $2087

Traditional Rental Income: $1675

Airbnb ROI: 3.91%