Real Estate Investment Properties for Sale in Boone, IA

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
921 14th Street Boone, IA Welcome to 921 14th Street in Boone! This cute 2-story home is packed with charm and has s...	3 beds \| 2 baths \| 1,248 sq.ft.	$195,000	Airbnb cash on cash: 1.49% Traditional cash on cash: 8.27% Airbnb Rental Income: $1119 Traditional Rental Income: $1999 Airbnb ROI: 1.49% Traditional ROI: 8.27%
1269 Knap Place Boone, IA Located on 2.2 scenic acres halfway between Ogden and Boone, 1269 Knap Place offers the pe...	3 beds \| 3 baths \| 1,919 sq.ft.	$565,000	Airbnb cash on cash: -0.39% Traditional cash on cash: 3.12% Airbnb Rental Income: $1119 Traditional Rental Income: $2598 Airbnb ROI: -0.39% Traditional ROI: 3.12%
607 Clay Street Boone, IA Check out this 4-bedroom home sitting on a huge double lot-plenty of space for pets, garde...	4 beds \| 1 baths \| 1,471 sq.ft.	$227,500	Airbnb cash on cash: N/A Traditional cash on cash: 5.83% Airbnb Rental Income: $null Traditional Rental Income: $1842 Airbnb ROI: N/A Traditional ROI: 5.83%
1221 Carroll Street Boone, IA Enjoy comfortable, convenient living in the heart of Boone right across the street from th...	2 beds \| 1 baths \| 1,126 sq.ft.	$155,555	Airbnb cash on cash: -1.4% Traditional cash on cash: 7.84% Airbnb Rental Income: $506 Traditional Rental Income: $1607 Airbnb ROI: -1.4% Traditional ROI: 7.84%
1321 Mamie Eisenhower Avenue Boone, IA Charming 2-bedroom home with beautiful original character throughout. This property featur...	2 beds \| 2 baths \| 936 sq.ft.	$155,000	Airbnb cash on cash: -1.82% Traditional cash on cash: 7.05% Airbnb Rental Income: $506 Traditional Rental Income: $1548 Airbnb ROI: -1.82% Traditional ROI: 7.05%
521 Tama Street Boone, IA Welcome to this charming 4 bedroom, 2 bathroom bungalow in Boone offering over 2,700 sq ft...	4 beds \| 2 baths \| 2,712 sq.ft.	$270,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.49% Airbnb Rental Income: $null Traditional Rental Income: $2686 Airbnb ROI: N/A Traditional ROI: 7.49%
1704 Mamie Eisenhower Avenue Boone, IA This home just got even more affordable! Lower price and a $5000 buyer credit to use towar...	2 beds \| 1 baths \| 1,124 sq.ft.	$147,500	Airbnb cash on cash: -1.08% Traditional cash on cash: 3.51% Airbnb Rental Income: $506 Traditional Rental Income: $881 Airbnb ROI: -1.08% Traditional ROI: 3.51%
504 Linn Street Boone, IA Charming 1910-built 2 story home located in the heart of Boone - this spacious home boasts...	4 beds \| 1 baths \| 2,240 sq.ft.	$196,000	Airbnb cash on cash: N/A Traditional cash on cash: 7% Airbnb Rental Income: $null Traditional Rental Income: $1879 Airbnb ROI: N/A Traditional ROI: 7%
1016 Crawford Street Boone, IA Beautifully updated 5-bedroom, 2-bathroom home featuring a spacious layout, large staircas...	5 beds \| 2 baths \| 2,109 sq.ft.	$285,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.8% Airbnb Rental Income: $null Traditional Rental Income: $1785 Airbnb ROI: N/A Traditional ROI: 4.8%
1416 Crawford Street Boone, IA Why rent when you can own & start building equity? Take a look at this updated 2 bedroom r...	2 beds \| 1 baths \| 792 sq.ft.	$110,000	Airbnb cash on cash: -0.62% Traditional cash on cash: 10.47% Airbnb Rental Income: $506 Traditional Rental Income: $1414 Airbnb ROI: -0.62% Traditional ROI: 10.47%
1621 13th Street Boone, IA Turn-key property in a desirable Boone location on a quiet NE side street. Situated on a d...	3 beds \| 1 baths \| 1,370 sq.ft.	$174,900	Airbnb cash on cash: 1.21% Traditional cash on cash: 7.59% Airbnb Rental Income: $1119 Traditional Rental Income: $1806 Airbnb ROI: 1.21% Traditional ROI: 7.59%
337 W 3rd Street Boone, IA Character, charm, and space come together in this beautiful, spacious two-story home in We...	4 beds \| 2 baths \| 1,892 sq.ft.	$200,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.69% Airbnb Rental Income: $null Traditional Rental Income: $2415 Airbnb ROI: N/A Traditional ROI: 9.69%
927 S Marshall Street Boone, IA Over 2500 sq ft finished living area this remarkable four-bathroom, three-plus-bedroom hom...	3 beds \| 4 baths \| 1,408 sq.ft.	$390,000	Airbnb cash on cash: -0.39% Traditional cash on cash: 4.72% Airbnb Rental Income: $1119 Traditional Rental Income: $2614 Airbnb ROI: -0.39% Traditional ROI: 4.72%
2006 Linn Street Boone, IA The Red Ranch-Style Home with Red Barn Charm! Perched along the north edge of town, this m...	3 beds \| 2 baths \| 1,316 sq.ft.	$235,000	Airbnb cash on cash: 0.48% Traditional cash on cash: 6.77% Airbnb Rental Income: $1119 Traditional Rental Income: $2142 Airbnb ROI: 0.48% Traditional ROI: 6.77%
109 Clinton Street Boone, IA Welcome to this charming 3-bedroom, 1-bath home nestled in a quiet residential neighborhoo...	3 beds \| 1 baths \| 1,248 sq.ft.	$163,900	Airbnb cash on cash: 1.79% Traditional cash on cash: 8.12% Airbnb Rental Income: $1119 Traditional Rental Income: $1734 Airbnb ROI: 1.79% Traditional ROI: 8.12%
711 Mamie Eisenhower Avenue Boone, IA This is the kind of house that just feels like a find the second you walk in. Natural ligh...	5 beds \| 3 baths \| 2,116 sq.ft.	$259,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.06% Airbnb Rental Income: $null Traditional Rental Income: $2707 Airbnb ROI: N/A Traditional ROI: 8.06%
1535 13th Street Boone, IA Completely transformed from the studs up in 2022 and thoughtfully improved even further si...	3 beds \| 2 baths \| 1,352 sq.ft.	$289,000	Airbnb cash on cash: 0.82% Traditional cash on cash: 5.97% Airbnb Rental Income: $1119 Traditional Rental Income: $2145 Airbnb ROI: 0.82% Traditional ROI: 5.97%
1410 S Linn Street Boone, IA Welcome home to this beautifully maintained townhome on Cedar Pointe Golf Course! Built in...	3 beds \| 3 baths \| 1,348 sq.ft.	$289,500	Airbnb cash on cash: -0.91% Traditional cash on cash: 5.37% Airbnb Rental Income: $1119 Traditional Rental Income: $2457 Airbnb ROI: -0.91% Traditional ROI: 5.37%
109 S Boone Street Boone, IA Move right into this beautifully updated 3 bedroom, 2 full bath home. Instantly fall in lo...	3 beds \| 2 baths \| 1,603 sq.ft.	$280,000	Airbnb cash on cash: 0.47% Traditional cash on cash: 6% Airbnb Rental Income: $1119 Traditional Rental Income: $2204 Airbnb ROI: 0.47% Traditional ROI: 6%
719 Union Street Boone, IA Super cute and very efficient 3-bedroom home with great storage, functional space, and roo...	3 beds \| 1 baths \| 1,112 sq.ft.	$175,000	Airbnb cash on cash: 1.71% Traditional cash on cash: 7.33% Airbnb Rental Income: $1119 Traditional Rental Income: $1680 Airbnb ROI: 1.71% Traditional ROI: 7.33%
1509 Crestwood Drive Boone, IA Tucked along the scenic, peaceful edge of Cedar Pointe Golf Course, this exceptional 4-bed...	4 beds \| 3 baths \| 1,649 sq.ft.	$525,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.8% Airbnb Rental Income: $null Traditional Rental Income: $2617 Airbnb ROI: N/A Traditional ROI: 2.8%
929 S Jackson Street Boone, IA Welcome to this stunning executive home offering over 3,000 finished square feet, four bed...	4 beds \| 3 baths \| 1,923 sq.ft.	$619,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.67% Airbnb Rental Income: $null Traditional Rental Income: $2244 Airbnb ROI: N/A Traditional ROI: 1.67%
928 Union Street Boone, IA Welcome to 928 Union Street in Boone! This charming two-story home on a spacious corner lo...	3 beds \| 2 baths \| 2,241 sq.ft.	$264,900	Airbnb cash on cash: 0.25% Traditional cash on cash: 7.28% Airbnb Rental Income: $1119 Traditional Rental Income: $2501 Airbnb ROI: 0.25% Traditional ROI: 7.28%
819 Division Street Boone, IA Move right into this spacious, beautifully updated home situated on a desirable corner lot...	4 beds \| 2 baths \| 2,065 sq.ft.	$235,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.27% Airbnb Rental Income: $null Traditional Rental Income: $1773 Airbnb ROI: N/A Traditional ROI: 5.27%
316 Boone Street Boone, IA Well-kept investment property! This 5-plex is an amazing value with has several long-term ...	N/A beds \| N/A baths \| 3,269 sq.ft.	$225,000	Airbnb cash on cash: -2.08% Traditional cash on cash: 1.45% Airbnb Rental Income: $488 Traditional Rental Income: $969 Airbnb ROI: -2.08% Traditional ROI: 1.45%
320 S Story Street Boone, IA Welcome to this spacious 3-bedroom, 1.5-bath home offering generous living space in the he...	3 beds \| 2 baths \| 1,581 sq.ft.	$189,900	Airbnb cash on cash: 1.39% Traditional cash on cash: 5.79% Airbnb Rental Income: $1119 Traditional Rental Income: $1537 Airbnb ROI: 1.39% Traditional ROI: 5.79%
1139 Aldrich Avenue Boone, IA Welcome home to this beautifully remodeled gem that perfectly blends timeless charm with t...	3 beds \| 2 baths \| 1,591 sq.ft.	$228,000	Airbnb cash on cash: 0.6% Traditional cash on cash: 7.01% Airbnb Rental Income: $1119 Traditional Rental Income: $2126 Airbnb ROI: 0.6% Traditional ROI: 7.01%
1009 Mamie Eisenhower Avenue Boone, IA Turnkey investment or ideal owner-occupied opportunity! This totally remodeled ranch-style...	4 beds \| 3 baths \| 1,596 sq.ft.	$239,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.94% Airbnb Rental Income: $null Traditional Rental Income: $2362 Airbnb ROI: N/A Traditional ROI: 7.94%
422 S Boone Street Boone, IA Welcome home to one of the prettiest streets in Boone! With a new roof and front porch com...	3 beds \| 2 baths \| 1,696 sq.ft.	$259,000	Airbnb cash on cash: -0.22% Traditional cash on cash: 6.54% Airbnb Rental Income: $1119 Traditional Rental Income: $2398 Airbnb ROI: -0.22% Traditional ROI: 6.54%
1716 Carroll Street Boone, IA Looking for space, character, and value? This move-in ready 4-bedroom home has it all! Fea...	4 beds \| 1 baths \| 1,875 sq.ft.	$259,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.53% Airbnb Rental Income: $null Traditional Rental Income: $1542 Airbnb ROI: N/A Traditional ROI: 3.53%
514 Madison Street Boone, IA Welcome to 514 Madison Street in Boone -- a home where everything has been thoughtfully re...	3 beds \| 2 baths \| 1,233 sq.ft.	$184,900	Airbnb cash on cash: 2.24% Traditional cash on cash: 9.66% Airbnb Rental Income: $1119 Traditional Rental Income: $2048 Airbnb ROI: 2.24% Traditional ROI: 9.66%
710 Marion Street Boone, IA Charming and full of character, this spacious 4 bedroom, 3.5 bath home offers over 2,184 s...	4 beds \| 3 baths \| 2,184 sq.ft.	$235,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.22% Airbnb Rental Income: $null Traditional Rental Income: $2226 Airbnb ROI: N/A Traditional ROI: 7.22%
1221 12th Street Boone, IA Fall in love with this adorable and well-cared-for home that perfectly blends spacious liv...	3 beds \| 2 baths \| 1,612 sq.ft.	$192,500	Airbnb cash on cash: 1.47% Traditional cash on cash: 6.6% Airbnb Rental Income: $1119 Traditional Rental Income: $1681 Airbnb ROI: 1.47% Traditional ROI: 6.6%
1116 Harrison Street Boone, IA Multi family home in Boone neighborhood. This home features 2 bedrooms 1 bath in the lower...	3 beds \| 3 baths \| 1,742 sq.ft.	$179,900	Airbnb cash on cash: 1.75% Traditional cash on cash: 10.59% Airbnb Rental Income: $1119 Traditional Rental Income: $2258 Airbnb ROI: 1.75% Traditional ROI: 10.59%
1114 W 3rd Street Boone, IA Looking for a turn-key property with amazing cash flow? This fully renovated home in the h...	3 beds \| 2 baths \| 1,658 sq.ft.	$240,000	Airbnb cash on cash: 0.69% Traditional cash on cash: 7.06% Airbnb Rental Income: $1119 Traditional Rental Income: $2189 Airbnb ROI: 0.69% Traditional ROI: 7.06%
1459 Nakota Place Boone, IA This massive 1.5 story brick home showcases executive level finishes and quality craftsman...	5 beds \| 5 baths \| 4,380 sq.ft.	$825,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.5% Airbnb Rental Income: $null Traditional Rental Income: $5137 Airbnb ROI: N/A Traditional ROI: 4.5%
1604 Mamie Eisenhower Avenue Boone, IA Welcome to 1604 Mamie Eisenhower, a delightful residence nestled in the heart of Boone, Io...	3 beds \| 2 baths \| 1,446 sq.ft.	$190,000	Airbnb cash on cash: 1.04% Traditional cash on cash: 9.33% Airbnb Rental Income: $1119 Traditional Rental Income: $2239 Airbnb ROI: 1.04% Traditional ROI: 9.33%
1137 242nd Street Boone, IA This property is impressive! Immaculately cared for spacious walkout home, plus cabin over...	4 beds \| 4 baths \| 2,824 sq.ft.	$925,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.56% Airbnb Rental Income: $null Traditional Rental Income: $3034 Airbnb ROI: N/A Traditional ROI: 1.56%
218 5th Street Boone, IA Proposed Listing: ZERO ENTRY! Three Car attached garage, Total of over 1800 Sq Ft finished...	3 beds \| 3 baths \| 1,117 sq.ft.	$359,000	Airbnb cash on cash: 0.87% Traditional cash on cash: 5.36% Airbnb Rental Income: $1119 Traditional Rental Income: $2258 Airbnb ROI: 0.87% Traditional ROI: 5.36%
621 8th Street Boone, IA Step into timeless charm with this beautifully preserved 3-bedroom, 1.5-bath home full of ...	3 beds \| 2 baths \| 1,276 sq.ft.	$210,000	Airbnb cash on cash: 0.94% Traditional cash on cash: 9.17% Airbnb Rental Income: $1119 Traditional Rental Income: $2381 Airbnb ROI: 0.94% Traditional ROI: 9.17%

Real Estate investment in Boone, IA

There are 94 properties for sale in the city of Boone . The median list price in Boone is $188,387 and the average price per square foot is $118. In August 2026, the average monthly cash on cash return in Boone is 7.00%. The average monthly rental income in Boone is $2,126.

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

There are 94 investment properties available for sale in Boone.

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

The ROI for Short-Term is higher than the Long-Term in Boone with average rental income of $1,119.

Your search for investment property begins and ends here

Investment Property for Sale in Boone, IA

921 14th Street

Boone, IA

3 beds | 2 baths | 1,248 sq.ft.

$195,000

Airbnb cash on cash: 1.49%

Traditional cash on cash: 8.27%

Airbnb Rental Income: $1119

Traditional Rental Income: $1999

Airbnb ROI: 1.49%

Traditional ROI: 8.27%

1269 Knap Place

Boone, IA

3 beds | 3 baths | 1,919 sq.ft.

$565,000

Airbnb cash on cash: -0.39%

Traditional cash on cash: 3.12%

Airbnb Rental Income: $1119

Traditional Rental Income: $2598

Airbnb ROI: -0.39%

Traditional ROI: 3.12%

607 Clay Street

Boone, IA

4 beds | 1 baths | 1,471 sq.ft.

$227,500

Airbnb cash on cash: N/A

Traditional cash on cash: 5.83%

Airbnb Rental Income: $null

Traditional Rental Income: $1842

Airbnb ROI: N/A

Traditional ROI: 5.83%

1221 Carroll Street

Boone, IA

2 beds | 1 baths | 1,126 sq.ft.

$155,555

Airbnb cash on cash: -1.4%

Traditional cash on cash: 7.84%

Airbnb Rental Income: $506

Traditional Rental Income: $1607

Airbnb ROI: -1.4%

Traditional ROI: 7.84%

1321 Mamie Eisenhower Avenue

Boone, IA

2 beds | 2 baths | 936 sq.ft.

$155,000

Airbnb cash on cash: -1.82%

Traditional cash on cash: 7.05%

Airbnb Rental Income: $506

Traditional Rental Income: $1548

Airbnb ROI: -1.82%

Traditional ROI: 7.05%

521 Tama Street

Boone, IA

4 beds | 2 baths | 2,712 sq.ft.

$270,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.49%

Airbnb Rental Income: $null

Traditional Rental Income: $2686

Airbnb ROI: N/A

Traditional ROI: 7.49%

1704 Mamie Eisenhower Avenue

Boone, IA

2 beds | 1 baths | 1,124 sq.ft.

$147,500

Airbnb cash on cash: -1.08%

Traditional cash on cash: 3.51%

Airbnb Rental Income: $506

Traditional Rental Income: $881

Airbnb ROI: -1.08%

Traditional ROI: 3.51%

504 Linn Street

Boone, IA

4 beds | 1 baths | 2,240 sq.ft.

$196,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7%

Airbnb Rental Income: $null

Traditional Rental Income: $1879

Airbnb ROI: N/A