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
1311 Union Street Boone, IA Charming and cozy 2-bedroom, 1-bath home all on one level. Step inside to a nice-sized kit...	2 beds \| 1 baths \| 832 sq.ft.	$130,000	Airbnb cash on cash: -2.23% Traditional cash on cash: 9.95% Airbnb Rental Income: $359 Traditional Rental Income: $1632 Airbnb ROI: -2.23% Traditional ROI: 9.95%
204 Benton Street Boone, IA Energy-efficient two-bedroom home located in a desirable neighborhood near the hospital an...	2 beds \| 1 baths \| 872 sq.ft.	$103,000	Airbnb cash on cash: -2.36% Traditional cash on cash: 11.27% Airbnb Rental Income: $359 Traditional Rental Income: $1473 Airbnb ROI: -2.36% Traditional ROI: 11.27%
524 Linden Lane Boone, IA This well-maintained ranch-style home offers comfortable main-level living with welcoming ...	3 beds \| 2 baths \| 1,332 sq.ft.	$290,000	Airbnb cash on cash: 0.71% Traditional cash on cash: 5.27% Airbnb Rental Income: $1276 Traditional Rental Income: $2119 Airbnb ROI: 0.71% Traditional ROI: 5.27%
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.	$575,000	Airbnb cash on cash: -0.16% Traditional cash on cash: 3.05% Airbnb Rental Income: $1276 Traditional Rental Income: $2598 Airbnb ROI: -0.16% Traditional ROI: 3.05%
420 linn Street Boone, IA Welcome home to this beautifully updated 4-bedroom, 3-bath property offering 2,232 square ...	4 beds \| 3 baths \| 2,232 sq.ft.	$310,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.4% Airbnb Rental Income: $null Traditional Rental Income: $2704 Airbnb ROI: N/A Traditional ROI: 6.4%
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%
228 Crawford Street Boone, IA Move in ready home with large lot ready for you to enjoy. Home has had many updates in rec...	2 beds \| 2 baths \| 1,042 sq.ft.	$140,000	Airbnb cash on cash: -2.6% Traditional cash on cash: 11.37% Airbnb Rental Income: $359 Traditional Rental Income: $1985 Airbnb ROI: -2.6% Traditional ROI: 11.37%
1233 6th Street Boone, IA Welcome to this cozy home that offers the perfect blend of comfort, value, and opportunity...	2 beds \| 1 baths \| 956 sq.ft.	$145,000	Airbnb cash on cash: -1.97% Traditional cash on cash: 9.18% Airbnb Rental Income: $359 Traditional Rental Income: $1658 Airbnb ROI: -1.97% Traditional ROI: 9.18%
1704 Mamie Eisenhower Avenue Boone, IA Affordable and full of potential! This 2-bedroom, 1-bath home is a great opportunity for f...	2 beds \| 1 baths \| 1,124 sq.ft.	$155,000	Airbnb cash on cash: -1.91% Traditional cash on cash: 3.3% Airbnb Rental Income: $359 Traditional Rental Income: $881 Airbnb ROI: -1.91% Traditional ROI: 3.3%
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.	$199,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.88% Airbnb Rental Income: $null Traditional Rental Income: $1879 Airbnb ROI: N/A Traditional ROI: 6.88%
1627 Prairie Avenue Boone, IA Tucked at the end of a quiet street on a rare .45-acre double lot, this thoughtfully updat...	4 beds \| 3 baths \| 2,208 sq.ft.	$445,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.03% Airbnb Rental Income: $null Traditional Rental Income: $2749 Airbnb ROI: N/A Traditional ROI: 4.03%
714 5th Street Boone, IA This updated 3 Bedroom is not only charming, but has so many functional features! Large fr...	3 beds \| 2 baths \| 1,288 sq.ft.	$199,000	Airbnb cash on cash: 1.84% Traditional cash on cash: 7.96% Airbnb Rental Income: $1276 Traditional Rental Income: $2032 Airbnb ROI: 1.84% Traditional ROI: 7.96%
1422 230th Street Boone, IA Welcome to this stunning acreage retreat, where breathtaking views surround you in every d...	4 beds \| 4 baths \| 3,080 sq.ft.	$680,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.27% Airbnb Rental Income: $null Traditional Rental Income: $3917 Airbnb ROI: N/A Traditional ROI: 4.27%
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: -0.03% Traditional cash on cash: 4.72% Airbnb Rental Income: $1276 Traditional Rental Income: $2614 Airbnb ROI: -0.03% Traditional ROI: 4.72%
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: 2.62% Traditional cash on cash: 8.12% Airbnb Rental Income: $1276 Traditional Rental Income: $1734 Airbnb ROI: 2.62% 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.	$275,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.57% Airbnb Rental Income: $null Traditional Rental Income: $2707 Airbnb ROI: N/A Traditional ROI: 7.57%
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.	$299,500	Airbnb cash on cash: -0.45% Traditional cash on cash: 5.16% Airbnb Rental Income: $1276 Traditional Rental Income: $2457 Airbnb ROI: -0.45% Traditional ROI: 5.16%
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.	$550,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.63% Airbnb Rental Income: $null Traditional Rental Income: $2617 Airbnb ROI: N/A Traditional ROI: 2.63%
217 W 5TH ST Boone, IA Invest with success and buy through Auction.com. This bank-owned investment property is a ...	2 beds \| 1 baths \| 1,088 sq.ft.	$143,000	Airbnb cash on cash: -2.22% Traditional cash on cash: 9% Airbnb Rental Income: $359 Traditional Rental Income: $1648 Airbnb ROI: -2.22% Traditional ROI: 9%
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.	$239,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.17% Airbnb Rental Income: $null Traditional Rental Income: $1773 Airbnb ROI: N/A Traditional ROI: 5.17%
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%
514 S Jackson Street Boone, IA Refined single-level living at its best. This beautifully updated 3-bedroom, 3-bath reside...	3 beds \| 3 baths \| 1,559 sq.ft.	$285,000	Airbnb cash on cash: 0.21% Traditional cash on cash: 3.73% Airbnb Rental Income: $1276 Traditional Rental Income: $1820 Airbnb ROI: 0.21% Traditional ROI: 3.73%
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: 2.19% Traditional cash on cash: 6.6% Airbnb Rental Income: $1276 Traditional Rental Income: $1681 Airbnb ROI: 2.19% 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: 2.51% Traditional cash on cash: 10.59% Airbnb Rental Income: $1276 Traditional Rental Income: $2258 Airbnb ROI: 2.51% 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: 1.26% Traditional cash on cash: 7.06% Airbnb Rental Income: $1276 Traditional Rental Income: $2189 Airbnb ROI: 1.26% 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.	$850,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.34% Airbnb Rental Income: $null Traditional Rental Income: $5137 Airbnb ROI: N/A Traditional ROI: 4.34%
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: 1.77% Traditional cash on cash: 9.33% Airbnb Rental Income: $1276 Traditional Rental Income: $2239 Airbnb ROI: 1.77% Traditional ROI: 9.33%
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: 1.26% Traditional cash on cash: 5.36% Airbnb Rental Income: $1276 Traditional Rental Income: $2258 Airbnb ROI: 1.26% Traditional ROI: 5.36%
109 Greene Street Boone, IA Welcome to 109 Greene Street--an inviting opportunity in a highly desirable location in Bo...	3 beds \| 1 baths \| 1,298 sq.ft.	$119,900	Airbnb cash on cash: 4.91% Traditional cash on cash: 11.56% Airbnb Rental Income: $1276 Traditional Rental Income: $1644 Airbnb ROI: 4.91% Traditional ROI: 11.56%
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.	$215,000	Airbnb cash on cash: 1.54% Traditional cash on cash: 8.94% Airbnb Rental Income: $1276 Traditional Rental Income: $2381 Airbnb ROI: 1.54% Traditional ROI: 8.94%
616 Harrison Street Boone, IA Discover this stunning custom built zero entry ranch home, perfectly located in the heart ...	3 beds \| 2 baths \| 1,560 sq.ft.	$329,990	Airbnb cash on cash: 1.33% Traditional cash on cash: 6.5% Airbnb Rental Income: $1276 Traditional Rental Income: $2478 Airbnb ROI: 1.33% Traditional ROI: 6.5%
722 Mamie Eisenhower Avenue Boone, IA Room for Everyone - Indoors & Out! If you're searching for space, comfort, and thoughtful ...	4 beds \| 3 baths \| 1,697 sq.ft.	$207,500	Airbnb cash on cash: N/A Traditional cash on cash: 9.52% Airbnb Rental Income: $null Traditional Rental Income: $2429 Airbnb ROI: N/A Traditional ROI: 9.52%
1416 Aldrich Avenue Boone, IA Why build new when you can move into a home that's already been fully re-imagined? This st...	3 beds \| 2 baths \| 1,504 sq.ft.	$445,000	Airbnb cash on cash: -0.01% Traditional cash on cash: 3.34% Airbnb Rental Income: $1276 Traditional Rental Income: $2270 Airbnb ROI: -0.01% Traditional ROI: 3.34%
1122 Country Club Drive Boone, IA Welcome to this charming 3 bedroom, 3 bath home nestled on a nice-sized corner lot. Enjoy ...	3 beds \| 2 baths \| 1,619 sq.ft.	$382,000	Airbnb cash on cash: -0.32% Traditional cash on cash: 3.39% Airbnb Rental Income: $1276 Traditional Rental Income: $2204 Airbnb ROI: -0.32% Traditional ROI: 3.39%
1357 130th Street Boone, IA Experience refined country living in this beautifully updated acreage retreat. This 3-bedr...	3 beds \| 2 baths \| 2,014 sq.ft.	$445,000	Airbnb cash on cash: -0.27% Traditional cash on cash: 3.67% Airbnb Rental Income: $1276 Traditional Rental Income: $2515 Airbnb ROI: -0.27% Traditional ROI: 3.67%
203 S Boone Street Boone, IA Completely Remodeled with Modern Style and Timeless Charm! Step inside this beautifully re...	3 beds \| 2 baths \| 1,600 sq.ft.	$284,900	Airbnb cash on cash: 1.39% Traditional cash on cash: 6.39% Airbnb Rental Income: $1276 Traditional Rental Income: $2217 Airbnb ROI: 1.39% Traditional ROI: 6.39%
1210 Noble Hills Place Boone, IA *HUGE PRICE ADJUSTMENT* Welcome home to this spacious ranch-style residence located in...	3 beds \| 3 baths \| 1,436 sq.ft.	$285,000	Airbnb cash on cash: 0.54% Traditional cash on cash: 5.79% Airbnb Rental Income: $1276 Traditional Rental Income: $2284 Airbnb ROI: 0.54% Traditional ROI: 5.79%
107 Franklin Street Boone, IA Located on a corner lot surrounded by mature trees and plenty of charm! This well-cared fo...	2 beds \| 2 baths \| 992 sq.ft.	$170,000	Airbnb cash on cash: -1.83% Traditional cash on cash: 9.4% Airbnb Rental Income: $359 Traditional Rental Income: $1929 Airbnb ROI: -1.83% Traditional ROI: 9.4%
1222 W 2nd Street Boone, IA Character abounds in this beautifully maintained home, originally built in 1870. Thoughtfu...	4 beds \| 2 baths \| 2,176 sq.ft.	$242,500	Airbnb cash on cash: N/A Traditional cash on cash: 4.78% Airbnb Rental Income: $null Traditional Rental Income: $1828 Airbnb ROI: N/A Traditional ROI: 4.78%
441 S Linn Street Boone, IA Step into classic mid-century charm, beautifully maintained 1950s ranch home overlooking t...	3 beds \| 2 baths \| 1,436 sq.ft.	$275,000	Airbnb cash on cash: 0.53% Traditional cash on cash: 5.99% Airbnb Rental Income: $1276 Traditional Rental Income: $2289 Airbnb ROI: 0.53% Traditional ROI: 5.99%

Real Estate investment in Boone, IA

There are 75 properties for sale in the city of Boone . The median list price in Boone is $239,000 and the average price per square foot is $155. In May 2026, the average monthly cash on cash return in Boone is 7.00%. The average monthly rental income in Boone is $2,202.

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

There are 75 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 $1,276.

Your search for investment property begins and ends here

Investment Property for Sale in Boone, IA

1311 Union Street

Boone, IA

2 beds | 1 baths | 832 sq.ft.

$130,000

Airbnb cash on cash: -2.23%

Traditional cash on cash: 9.95%

Airbnb Rental Income: $359

Traditional Rental Income: $1632

Airbnb ROI: -2.23%

Traditional ROI: 9.95%

204 Benton Street

Boone, IA

2 beds | 1 baths | 872 sq.ft.

$103,000

Airbnb cash on cash: -2.36%

Traditional cash on cash: 11.27%

Airbnb Rental Income: $359

Traditional Rental Income: $1473

Airbnb ROI: -2.36%

Traditional ROI: 11.27%

524 Linden Lane

Boone, IA

3 beds | 2 baths | 1,332 sq.ft.

$290,000

Airbnb cash on cash: 0.71%

Traditional cash on cash: 5.27%

Airbnb Rental Income: $1276

Traditional Rental Income: $2119

Airbnb ROI: 0.71%

Traditional ROI: 5.27%

1269 Knap Place

Boone, IA

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

$575,000

Airbnb cash on cash: -0.16%

Traditional cash on cash: 3.05%

Airbnb Rental Income: $1276

Traditional Rental Income: $2598

Airbnb ROI: -0.16%

Traditional ROI: 3.05%

420 linn Street

Boone, IA

4 beds | 3 baths | 2,232 sq.ft.

$310,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.4%

Airbnb Rental Income: $null

Traditional Rental Income: $2704

Airbnb ROI: N/A

Traditional ROI: 6.4%

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%

228 Crawford Street

Boone, IA

2 beds | 2 baths | 1,042 sq.ft.

$140,000

Airbnb cash on cash: -2.6%

Traditional cash on cash: 11.37%

Airbnb Rental Income: $359

Traditional Rental Income: $1985

Airbnb ROI: -2.6%

Traditional ROI: 11.37%

1233 6th Street

Boone, IA

2 beds | 1 baths | 956 sq.ft.

$145,000

Airbnb cash on cash: -1.97%

Traditional cash on cash: 9.18%

Airbnb Rental Income: $359

Traditional Rental Income: $1658

Airbnb ROI: -1.97%