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

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
4510 Twain Circle #206 Ames, IA There's something different about having a space that's truly yours. This charming 1-bedro...	1 beds \| 1 baths \| 658 sq.ft.	$134,900	Airbnb cash on cash: 1.9% Traditional cash on cash: 8.88% Airbnb Rental Income: $963 Traditional Rental Income: $1518 Airbnb ROI: 1.9% Traditional ROI: 8.88%
3401 Red Fox Road Ames, IA Delayed showing. This home is currently listed as a 'delayed showing'. Under no circumstan...	4 beds \| 3 baths \| 1,572 sq.ft.	$510,000	Airbnb cash on cash: 1.07% Traditional cash on cash: 2.5% Airbnb Rental Income: $2276 Traditional Rental Income: $2389 Airbnb ROI: 1.07% Traditional ROI: 2.5%
3425 Woodland Street Ames, IA Meticulously maintained and move-in ready, this charming Woodland Street home combines com...	4 beds \| 3 baths \| 1,908 sq.ft.	$369,000	Airbnb cash on cash: 2.11% Traditional cash on cash: 5.07% Airbnb Rental Income: $2276 Traditional Rental Income: $2734 Airbnb ROI: 2.11% Traditional ROI: 5.07%
2526 Kellogg Avenue Ames, IA Thoughtfully updated throughout, this home offers exceptional living space and quality imp...	4 beds \| 2 baths \| 1,420 sq.ft.	$359,900	Airbnb cash on cash: 2.9% Traditional cash on cash: 4.3% Airbnb Rental Income: $2276 Traditional Rental Income: $2179 Airbnb ROI: 2.9% Traditional ROI: 4.3%
1308 Stafford Avenue Ames, IA Welcome to this charming 1.5 story home! Step inside to a bright and inviting living room ...	3 beds \| 2 baths \| 1,741 sq.ft.	$269,900	Airbnb cash on cash: 1.72% Traditional cash on cash: 6.28% Airbnb Rental Income: $1565 Traditional Rental Income: $2275 Airbnb ROI: 1.72% Traditional ROI: 6.28%
1001 Stafford Avenue Ames, IA Welcome home to this beautifully updated 4-bedroom, 2-bath, 1.5-story home tucked away at ...	4 beds \| 2 baths \| 1,495 sq.ft.	$295,000	Airbnb cash on cash: 3.75% Traditional cash on cash: 5.87% Airbnb Rental Income: $2276 Traditional Rental Income: $2297 Airbnb ROI: 3.75% Traditional ROI: 5.87%
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: 5.72% Traditional cash on cash: 10.71% Airbnb Rental Income: $1565 Traditional Rental Income: $1656 Airbnb ROI: 5.72% Traditional ROI: 10.71%
4510 Twain Circle #102 Ames, IA Step into easy living at 4510 Twain Circle, Unit 102 - a bright, main-floor condo that ble...	1 beds \| 1 baths \| 658 sq.ft.	$136,000	Airbnb cash on cash: 0.86% Traditional cash on cash: 2.6% Airbnb Rental Income: $963 Traditional Rental Income: $842 Airbnb ROI: 0.86% Traditional ROI: 2.6%
1013 Yuma Avenue Ames, IA Ranch home in West Ames with 4 bedrooms, 2 baths, and an attached garage. The main level i...	4 beds \| 2 baths \| 904 sq.ft.	$260,000	Airbnb cash on cash: 4.57% Traditional cash on cash: 5.81% Airbnb Rental Income: $2276 Traditional Rental Income: $2013 Airbnb ROI: 4.57% Traditional ROI: 5.81%
3412 Ontario Street Ames, IA Move-in ready ranch with 3 bedrooms and 2 baths convenient to schools, ISU, and grocery st...	3 beds \| 2 baths \| 960 sq.ft.	$279,900	Airbnb cash on cash: 1.7% Traditional cash on cash: 4.63% Airbnb Rental Income: $1565 Traditional Rental Income: $1888 Airbnb ROI: 1.7% Traditional ROI: 4.63%
4002 Edgewater Drive Ames, IA DELAYED SHOWING DATE JUNE 1. No showings until June 1st. Will start accepting offers 6/2/2...	4 beds \| 4 baths \| 2,489 sq.ft.	$625,000	Airbnb cash on cash: 0.51% Traditional cash on cash: 2.63% Airbnb Rental Income: $2276 Traditional Rental Income: $2942 Airbnb ROI: 0.51% Traditional ROI: 2.63%
619 Crystal Street Ames, IA This home is currently listed as a delayed showing. Under no circumstances will any showin...	4 beds \| 2 baths \| 926 sq.ft.	$270,000	Airbnb cash on cash: 4.32% Traditional cash on cash: 5.79% Airbnb Rental Income: $2276 Traditional Rental Income: $2083 Airbnb ROI: 4.32% Traditional ROI: 5.79%
2722 Somerset Drive Ames, IA Welcome to this move-in ready gem offering the perfect blend of comfort, functionality, an...	4 beds \| 3 baths \| 1,719 sq.ft.	$364,900	Airbnb cash on cash: 2.57% Traditional cash on cash: 4.52% Airbnb Rental Income: $2276 Traditional Rental Income: $2376 Airbnb ROI: 2.57% Traditional ROI: 4.52%
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: 1.45% Traditional cash on cash: 6.06% Airbnb Rental Income: $1565 Traditional Rental Income: $2437 Airbnb ROI: 1.45% Traditional ROI: 6.06%
5423 Norris Street Ames, IA Welcome to 5423 Norris Street in Ames, where modern comfort meets a fantastic location. Th...	4 beds \| 2 baths \| 990 sq.ft.	$265,000	Airbnb cash on cash: 4.29% Traditional cash on cash: 6.05% Airbnb Rental Income: $2276 Traditional Rental Income: $2149 Airbnb ROI: 4.29% Traditional ROI: 6.05%
721 Douglas Avenue Ames, IA Set within Ames' historic district just blocks from Main Street, this meticulously renovat...	4 beds \| 3 baths \| 1,952 sq.ft.	$374,000	Airbnb cash on cash: 2.87% Traditional cash on cash: 5.61% Airbnb Rental Income: $2276 Traditional Rental Income: $2670 Airbnb ROI: 2.87% Traditional ROI: 5.61%
1017 Marston Avenue Ames, IA This Arts & Crafts bungalow located in the friendly Roosevelt neighborhood offers 3 bedroo...	3 beds \| 3 baths \| 1,409 sq.ft.	$299,999	Airbnb cash on cash: 1.65% Traditional cash on cash: 5.75% Airbnb Rental Income: $1565 Traditional Rental Income: $2274 Airbnb ROI: 1.65% Traditional ROI: 5.75%
1225 Harding Avenue Ames, IA This centrally located Cape Cod home features 5 BR's, 1.5 baths and a detached garage with...	5 beds \| 2 baths \| 1,383 sq.ft.	$267,500	Airbnb cash on cash: 6.37% Traditional cash on cash: 6.93% Airbnb Rental Income: $2921 Traditional Rental Income: $2385 Airbnb ROI: 6.37% Traditional ROI: 6.93%
4029 Fletcher Boulevard Ames, IA This home offers the perfect blend of comfort, style, and convenience in one of Ames? desi...	3 beds \| 3 baths \| 1,501 sq.ft.	$395,000	Airbnb cash on cash: 0.47% Traditional cash on cash: 3.46% Airbnb Rental Income: $1565 Traditional Rental Income: $2225 Airbnb ROI: 0.47% Traditional ROI: 3.46%
632 20th Street Ames, IA This spacious ranch style home offers over 1600 square feet on the main level and is perfe...	4 beds \| 3 baths \| 1,646 sq.ft.	$339,000	Airbnb cash on cash: 3.08% Traditional cash on cash: 5.33% Airbnb Rental Income: $2276 Traditional Rental Income: $2423 Airbnb ROI: 3.08% Traditional ROI: 5.33%
1827 Ledges Drive Ames, IA Welcome home to this spacious, move-in ready ranch home located in the desirable Quarry Es...	4 beds \| 3 baths \| 1,581 sq.ft.	$544,900	Airbnb cash on cash: 0.55% Traditional cash on cash: 2.03% Airbnb Rental Income: $2276 Traditional Rental Income: $2464 Airbnb ROI: 0.55% Traditional ROI: 2.03%
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.	$259,000	Airbnb cash on cash: 0.9% Traditional cash on cash: 3.16% Airbnb Rental Income: $1565 Traditional Rental Income: $1666 Airbnb ROI: 0.9% Traditional ROI: 3.16%
911 Mesa Verde Place Ames, IA Sellers will allow showings until noon on Monday, June 29th, at which time they will revie...	3 beds \| 2 baths \| 1,285 sq.ft.	$339,000	Airbnb cash on cash: 1.34% Traditional cash on cash: 4.17% Airbnb Rental Income: $1565 Traditional Rental Income: $2016 Airbnb ROI: 1.34% Traditional ROI: 4.17%
636 Garden Road Ames, IA Perfect for buyers looking to keep more money in their pocket without giving up the conven...	3 beds \| 2 baths \| 816 sq.ft.	$247,000	Airbnb cash on cash: 2.22% Traditional cash on cash: 5.86% Airbnb Rental Income: $1565 Traditional Rental Income: $1965 Airbnb ROI: 2.22% Traditional ROI: 5.86%
2321 Sundown Drive Ames, IA Sharp home in a great location with easy access to I-35 and ISU. This large 4-bedroom has ...	4 beds \| 3 baths \| 1,908 sq.ft.	$450,000	Airbnb cash on cash: 1.74% Traditional cash on cash: 3.71% Airbnb Rental Income: $2276 Traditional Rental Income: $2536 Airbnb ROI: 1.74% Traditional ROI: 3.71%
3020 Redbud Circle Ames, IA Beautiful 2 story home located in Northridge Subdivision. This well-maintained, 3-bedroom ...	3 beds \| 4 baths \| 2,058 sq.ft.	$434,500	Airbnb cash on cash: 0.42% Traditional cash on cash: 4.41% Airbnb Rental Income: $1565 Traditional Rental Income: $2739 Airbnb ROI: 0.42% Traditional ROI: 4.41%
2200 Hamilton Drive #503 Ames, IA Just right! Enjoy your new lifestyle at Green Hills in this charming one-bedroom and one-b...	1 beds \| 1 baths \| 610 sq.ft.	$80,000	Airbnb cash on cash: -24.23% Traditional cash on cash: -15.16% Airbnb Rental Income: $963 Traditional Rental Income: $1327 Airbnb ROI: -24.23% Traditional ROI: -15.16%
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: -1.17% Traditional cash on cash: 1.06% Airbnb Rental Income: $1565 Traditional Rental Income: $2526 Airbnb ROI: -1.17% Traditional ROI: 1.06%
5414 Schubert Street Ames, IA Welcome home to this move-in-ready 4-bedroom, 2.5-bath ranch in desirable West Ames, ideal...	4 beds \| 3 baths \| 1,099 sq.ft.	$300,000	Airbnb cash on cash: 3.64% Traditional cash on cash: 5.38% Airbnb Rental Income: $2276 Traditional Rental Income: $2199 Airbnb ROI: 3.64% Traditional ROI: 5.38%
1906 Duff Avenue Ames, IA Lovely ranch home with an open floor plan and like new condition throughout this home buil...	3 beds \| 2 baths \| 1,459 sq.ft.	$339,000	Airbnb cash on cash: 0.95% Traditional cash on cash: 3.28% Airbnb Rental Income: $1565 Traditional Rental Income: $1859 Airbnb ROI: 0.95% Traditional ROI: 3.28%
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.	$649,900	Airbnb cash on cash: 0.45% Traditional cash on cash: 0.38% Airbnb Rental Income: $2276 Traditional Rental Income: $1667 Airbnb ROI: 0.45% Traditional ROI: 0.38%
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: 1.48% Traditional cash on cash: 3.13% Airbnb Rental Income: $2276 Traditional Rental Income: $2472 Airbnb ROI: 1.48% Traditional ROI: 3.13%
1336 Truman Place Ames, IA Location truly stands out in this 4-bedroom, 1.5-bath townhome in north Ames. Enjoy easy, ...	4 beds \| 2 baths \| 1,218 sq.ft.	$179,000	Airbnb cash on cash: 5.89% Traditional cash on cash: 4.49% Airbnb Rental Income: $2276 Traditional Rental Income: $1469 Airbnb ROI: 5.89% Traditional ROI: 4.49%
2650 Somerset Drive Ames, IA Beautifully maintained 2-story home in a fantastic location with thoughtful updates throug...	3 beds \| 3 baths \| 1,812 sq.ft.	$374,900	Airbnb cash on cash: 0.63% Traditional cash on cash: 3.09% Airbnb Rental Income: $1565 Traditional Rental Income: $1978 Airbnb ROI: 0.63% Traditional ROI: 3.09%
412 Faulkner Court Ames, IA Updated and move-in ready in convenient West Ames! This upper-level 2-bedroom, 1-bath cond...	2 beds \| 1 baths \| 955 sq.ft.	$165,000	Airbnb cash on cash: 1.26% Traditional cash on cash: 5.87% Airbnb Rental Income: $1180 Traditional Rental Income: $1520 Airbnb ROI: 1.26% Traditional ROI: 5.87%
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.	$538,000	Airbnb cash on cash: 1.54% Traditional cash on cash: 3.9% Airbnb Rental Income: $2921 Traditional Rental Income: $3432 Airbnb ROI: 1.54% Traditional ROI: 3.9%
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.	$239,000	Airbnb cash on cash: 1.08% Traditional cash on cash: 5.64% Airbnb Rental Income: $1180 Traditional Rental Income: $1825 Airbnb ROI: 1.08% Traditional ROI: 5.64%
623 River Oak Drive Ames, IA Welcome home to this beautifully updated 4-bedroom, 2-bath home in one of Ames' most desir...	4 beds \| 2 baths \| 882 sq.ft.	$320,000	Airbnb cash on cash: 3.65% Traditional cash on cash: 3.06% Airbnb Rental Income: $2276 Traditional Rental Income: $1529 Airbnb ROI: 3.65% Traditional ROI: 3.06%
2010 Aikman Drive Ames, IA Welcome to Low-Maintenance Luxury in Ames! Fall in love with this stunning, modern ranch-s...	3 beds \| 2 baths \| 1,627 sq.ft.	$409,900	Airbnb cash on cash: -0.47% Traditional cash on cash: 2.73% Airbnb Rental Income: $1565 Traditional Rental Income: $2344 Airbnb ROI: -0.47% Traditional ROI: 2.73%
5134 Erickson Lane Ames, IA Welcome home to the beautiful Portico floorplan located in Domani II: Courtyards at The Bl...	2 beds \| 1 baths \| 1,870 sq.ft.	$549,950	Airbnb cash on cash: -1.76% Traditional cash on cash: 0.74% Airbnb Rental Income: $1180 Traditional Rental Income: $2075 Airbnb ROI: -1.76% Traditional ROI: 0.74%

Real Estate investment in Ames, IA

There are 163 properties for sale in the city of Ames . The median list price in Ames is $324,806 and the average price per square foot is $180. In August 2026, the average monthly cash on cash return in Ames is 5.00%. The average monthly rental income in Ames is $2,391.

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

There are 163 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 $2,391.

Your search for investment property begins and ends here

Investment Property for Sale in Ames, IA

4510 Twain Circle #206

Ames, IA

1 beds | 1 baths | 658 sq.ft.

$134,900

Airbnb cash on cash: 1.9%

Traditional cash on cash: 8.88%

Airbnb Rental Income: $963

Traditional Rental Income: $1518

Airbnb ROI: 1.9%

Traditional ROI: 8.88%

3401 Red Fox Road

Ames, IA

4 beds | 3 baths | 1,572 sq.ft.

$510,000

Airbnb cash on cash: 1.07%

Traditional cash on cash: 2.5%

Airbnb Rental Income: $2276

Traditional Rental Income: $2389

Airbnb ROI: 1.07%

Traditional ROI: 2.5%

3425 Woodland Street

Ames, IA

4 beds | 3 baths | 1,908 sq.ft.

$369,000

Airbnb cash on cash: 2.11%

Traditional cash on cash: 5.07%

Airbnb Rental Income: $2276

Traditional Rental Income: $2734

Airbnb ROI: 2.11%

Traditional ROI: 5.07%

2526 Kellogg Avenue

Ames, IA

4 beds | 2 baths | 1,420 sq.ft.

$359,900

Airbnb cash on cash: 2.9%

Traditional cash on cash: 4.3%

Airbnb Rental Income: $2276

Traditional Rental Income: $2179

Airbnb ROI: 2.9%

Traditional ROI: 4.3%

1308 Stafford Avenue

Ames, IA

3 beds | 2 baths | 1,741 sq.ft.

$269,900

Airbnb cash on cash: 1.72%

Traditional cash on cash: 6.28%

Airbnb Rental Income: $1565

Traditional Rental Income: $2275

Airbnb ROI: 1.72%

Traditional ROI: 6.28%

1001 Stafford Avenue

Ames, IA

4 beds | 2 baths | 1,495 sq.ft.

$295,000

Airbnb cash on cash: 3.75%

Traditional cash on cash: 5.87%

Airbnb Rental Income: $2276

Traditional Rental Income: $2297

Airbnb ROI: 3.75%

Traditional ROI: 5.87%

613 Meadow Place

Ames, IA

3 beds | 2 baths | 630 sq.ft.

$112,000

Airbnb cash on cash: 5.72%

Traditional cash on cash: 10.71%

Airbnb Rental Income: $1565

Traditional Rental Income: $1656

Airbnb ROI: 5.72%

Traditional ROI: 10.71%

4510 Twain Circle #102

Ames, IA

1 beds | 1 baths | 658 sq.ft.

$136,000

Airbnb cash on cash: 0.86%

Traditional cash on cash: 2.6%

Airbnb Rental Income: $963

Traditional Rental Income: $842

Airbnb ROI: 0.86%