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: -1.42% Traditional cash on cash: 9.95% Airbnb Rental Income: $480 Traditional Rental Income: $1632 Airbnb ROI: -1.42% Traditional ROI: 9.95%
1632 Mamie Eisenhower Avenue Boone, IA Step inside this spacious 4-bedroom, 2-bath home and enjoy the character of classic Crafts...	4 beds \| 2 baths \| 1,647 sq.ft.	$174,900	Airbnb cash on cash: N/A Traditional cash on cash: 10.83% Airbnb Rental Income: $null Traditional Rental Income: $2247 Airbnb ROI: N/A Traditional ROI: 10.83%
240 Q Avenue Boone, IA This updated two-story home offers over 2,000 square feet of comfortable living space, fea...	4 beds \| 2 baths \| 2,080 sq.ft.	$269,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.33% Airbnb Rental Income: $null Traditional Rental Income: $2505 Airbnb ROI: N/A Traditional ROI: 7.33%
607 Clay Street Boone, IA Check out this 4-bedroom home sitting on a huge double lot--plenty of space for pets, gard...	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%
883 Nature Road Boone, IA Perfect Peaceful Acreage Living at 883 Nature RoadWelcome to 883 Nature Road--a charming a...	4 beds \| 2 baths \| 1,248 sq.ft.	$285,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.73% Airbnb Rental Income: $null Traditional Rental Income: $2176 Airbnb ROI: N/A Traditional ROI: 5.73%
921 2nd Street Boone, IA This charming 3 bed 1 bath home offers 1104 sqft of comfortable living space in the heart ...	3 beds \| 1 baths \| 1,104 sq.ft.	$175,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.03% Airbnb Rental Income: $null Traditional Rental Income: $1821 Airbnb ROI: N/A Traditional ROI: 8.03%
1322 7th Street Boone, IA Beautiful and updated home with timeless Victorian charm, nestled in a peaceful neighborho...	3 beds \| 2 baths \| 1,406 sq.ft.	$260,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.16% Airbnb Rental Income: $null Traditional Rental Income: $2189 Airbnb ROI: N/A Traditional ROI: 6.16%
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.	$205,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.66% Airbnb Rental Income: $null Traditional Rental Income: $1879 Airbnb ROI: N/A Traditional ROI: 6.66%
1350 Morning Glory Road Boone, IA This expansive ranch sits on more than half an acre and offers endless potential! Highligh...	3 beds \| 2 baths \| 1,568 sq.ft.	$195,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.85% Airbnb Rental Income: $null Traditional Rental Income: $2279 Airbnb ROI: N/A Traditional ROI: 8.85%
530 5th Street Boone, IA Welcome to 530 5th Street! ✨With its rare dual staircases and both front and back e...	4 beds \| 2 baths \| 2,108 sq.ft.	$199,500	Airbnb cash on cash: N/A Traditional cash on cash: 10.25% Airbnb Rental Income: $null Traditional Rental Income: $2535 Airbnb ROI: N/A Traditional ROI: 10.25%
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.	$695,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.15% Airbnb Rental Income: $null Traditional Rental Income: $3917 Airbnb ROI: N/A Traditional ROI: 4.15%
1726 Boone Street Boone, IA Just a block from Memorial Park and close to Franklin Elementary, this property has a lot ...	3 beds \| 3 baths \| 1,546 sq.ft.	$269,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.32% Airbnb Rental Income: $null Traditional Rental Income: $2306 Airbnb ROI: N/A Traditional ROI: 6.32%
309 S Boone Street Boone, IA Step inside this charming 4-bedroom, 2-bath home where character and comfort meet. You'll ...	4 beds \| 2 baths \| 1,710 sq.ft.	$230,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.07% Airbnb Rental Income: $null Traditional Rental Income: $2393 Airbnb ROI: N/A Traditional ROI: 8.07%
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.	$445,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.02% Airbnb Rental Income: $null Traditional Rental Income: $2614 Airbnb ROI: N/A Traditional ROI: 4.02%
2006 Linn Street Boone, IA Welcome to this well-maintained 3-bedroom, 2-bath ranch-style home that offers both comfor...	3 beds \| 2 baths \| 1,316 sq.ft.	$240,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.62% Airbnb Rental Income: $null Traditional Rental Income: $2142 Airbnb ROI: N/A Traditional ROI: 6.62%
1203 Crawford Street Boone, IA Welcome home to this adorable and well-maintained 2-bedroom, 1-bath! Featuring an open lay...	2 beds \| 1 baths \| 960 sq.ft.	$159,900	Airbnb cash on cash: -1.82% Traditional cash on cash: 7.25% Airbnb Rental Income: $480 Traditional Rental Income: $1596 Airbnb ROI: -1.82% Traditional ROI: 7.25%
116 Monona Street Boone, IA Welcome to this inviting ranch home with a walkout basement offering 1924 total finished s...	3 beds \| 2 baths \| 962 sq.ft.	$225,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.45% Airbnb Rental Income: $null Traditional Rental Income: $2011 Airbnb ROI: N/A Traditional ROI: 6.45%
1535 13th Street Boone, IA *Now including all appliances, washer and dryer, AND the sellers are sweetening the deal w...	3 beds \| 2 baths \| 1,352 sq.ft.	$299,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.72% Airbnb Rental Income: $null Traditional Rental Income: $2145 Airbnb ROI: N/A Traditional ROI: 5.72%
900/902 College Street Boone, IA Great opportunity to add a cash flowing property to your portfolio! Reach out to agent for...	8 beds \| 3 baths \| 1,626 sq.ft.	$239,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.42% Airbnb Rental Income: $null Traditional Rental Income: $2263 Airbnb ROI: N/A Traditional ROI: 7.42%
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: -1.48% Traditional cash on cash: 9% Airbnb Rental Income: $480 Traditional Rental Income: $1648 Airbnb ROI: -1.48% Traditional ROI: 9%
128 Story Street Boone, IA Convenient location, This home has so much room. This 4+ bedroom home gives most families...	4 beds \| 2 baths \| 2,292 sq.ft.	$179,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.6% Airbnb Rental Income: $null Traditional Rental Income: $2175 Airbnb ROI: N/A Traditional ROI: 9.6%
1427 Garst Avenue Boone, IA Situated on a large corner lot on Garst Avenue, this well-cared-for home is surrounded by ...	3 beds \| 4 baths \| 1,602 sq.ft.	$295,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.24% Airbnb Rental Income: $null Traditional Rental Income: $2718 Airbnb ROI: N/A Traditional ROI: 7.24%
316 Boone Street Boone, IA Well-kept investment property! This 5-plex is an amazing value as it brings in $2800/month...	N/A beds \| N/A baths \| N/A	$229,900	Airbnb cash on cash: -1.81% Traditional cash on cash: 1.4% Airbnb Rental Income: $553 Traditional Rental Income: $969 Airbnb ROI: -1.81% Traditional ROI: 1.4%
515 8th Street Boone, IA This charming 2-story residence features 1,464 square feet of finished living space. It in...	3 beds \| 1 baths \| 1,464 sq.ft.	$160,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.34% Airbnb Rental Income: $null Traditional Rental Income: $989 Airbnb ROI: N/A Traditional ROI: 3.34%
1316 Monona Street Boone, IA Charming and move-in ready, this updated 2 bedroom, one bath home offers comfort, characte...	2 beds \| 1 baths \| 938 sq.ft.	$175,000	Airbnb cash on cash: -1.6% Traditional cash on cash: 2.86% Airbnb Rental Income: $480 Traditional Rental Income: $955 Airbnb ROI: -1.6% Traditional ROI: 2.86%
1410 13th Street Boone, IA This beautifully refreshed two-story home is flooded with natural light and offers a layou...	5 beds \| 3 baths \| 2,410 sq.ft.	$309,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.96% Airbnb Rental Income: $null Traditional Rental Income: $3039 Airbnb ROI: N/A Traditional ROI: 7.96%
103 Destiny Drive Boone, IA Located next to the Boone Little League Park, this one's a home run! Built in 2022 and loa...	5 beds \| 4 baths \| 1,965 sq.ft.	$350,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.99% Airbnb Rental Income: $null Traditional Rental Income: $3178 Airbnb ROI: N/A Traditional ROI: 6.99%
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: N/A Traditional cash on cash: 10.59% Airbnb Rental Income: $null Traditional Rental Income: $2258 Airbnb ROI: N/A Traditional ROI: 10.59%
816 15th Street Boone, IA Classic curb appeal with maintenance-free vinyl exterior and a standout 2-car garage plus ...	3 beds \| 1 baths \| 1,045 sq.ft.	$158,000	Airbnb cash on cash: N/A Traditional cash on cash: 11.44% Airbnb Rental Income: $null Traditional Rental Income: $2107 Airbnb ROI: N/A Traditional ROI: 11.44%
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: N/A Traditional cash on cash: 7.06% Airbnb Rental Income: $null Traditional Rental Income: $2189 Airbnb ROI: N/A Traditional ROI: 7.06%
2103 Boone Street Boone, IA Charming one-level living in a prime location! Discover the perfect blend of comfort and c...	3 beds \| 1 baths \| 1,110 sq.ft.	$182,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.55% Airbnb Rental Income: $null Traditional Rental Income: $1791 Airbnb ROI: N/A Traditional ROI: 7.55%
541 S Cedar Street Boone, IA Picture this, in just FORE-ty seconds, you could go from your future front door to Cedar P...	4 beds \| 2 baths \| 1,390 sq.ft.	$329,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.76% Airbnb Rental Income: $null Traditional Rental Income: $2312 Airbnb ROI: N/A Traditional ROI: 4.76%
1528 Division Street Boone, IA Spacious lot featuring a charming ranch-style home with 2 bedrooms and 1 full bath. This c...	2 beds \| 1 baths \| 888 sq.ft.	$128,000	Airbnb cash on cash: -1.63% Traditional cash on cash: 10.07% Airbnb Rental Income: $480 Traditional Rental Income: $1652 Airbnb ROI: -1.63% Traditional ROI: 10.07%
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.	$200,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.82% Airbnb Rental Income: $null Traditional Rental Income: $2239 Airbnb ROI: N/A Traditional ROI: 8.82%
109 Greene Street Boone, IA New Siding now on 3/4 of the house. and a rebate from the seller for $3075.00 for painting...	2 beds \| 1 baths \| 1,298 sq.ft.	$129,900	Airbnb cash on cash: -0.84% Traditional cash on cash: 10.63% Airbnb Rental Income: $480 Traditional Rental Income: $1644 Airbnb ROI: -0.84% Traditional ROI: 10.63%
615 11th Street Boone, IA With a little sweat equity, this charming 3-bedroom, 1-bath home near downtown Boone has t...	3 beds \| 1 baths \| 1,307 sq.ft.	$125,000	Airbnb cash on cash: N/A Traditional cash on cash: 11.34% Airbnb Rental Income: $null Traditional Rental Income: $1733 Airbnb ROI: N/A Traditional ROI: 11.34%
731 Q Avenue Boone, IA Nestled on just over 3 acres just outside of Boone, this well-loved two-story home offers ...	4 beds \| 2 baths \| 1,796 sq.ft.	$449,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.63% Airbnb Rental Income: $null Traditional Rental Income: $2406 Airbnb ROI: N/A Traditional ROI: 3.63%
718 Ringold Street Boone, IA Home is currently under construction with finished homes to the south & 2 more units (4hom...	2 beds \| 2 baths \| 1,331 sq.ft.	$289,000	Airbnb cash on cash: -0.59% Traditional cash on cash: 7.35% Airbnb Rental Income: $480 Traditional Rental Income: $2375 Airbnb ROI: -0.59% Traditional ROI: 7.35%
720 Ringold Street Boone, IA Step inside this stunning dream home in west Boone. This 2 bedroom home with option for 4 ...	2 beds \| 2 baths \| 1,331 sq.ft.	$289,000	Airbnb cash on cash: -0.59% Traditional cash on cash: 6.22% Airbnb Rental Income: $480 Traditional Rental Income: $2066 Airbnb ROI: -0.59% Traditional ROI: 6.22%
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.	$350,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.08% Airbnb Rental Income: $null Traditional Rental Income: $2478 Airbnb ROI: N/A Traditional ROI: 6.08%

Real Estate investment in Boone, IA

There are 63 properties for sale in the city of Boone . The median list price in Boone is $225,000 and the average price per square foot is $149. In December 2025, the average monthly cash on cash return in Boone is 7.00%. The average monthly rental income in Boone is $2,190.

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

There are 63 investment properties available for sale in Boone.

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

The ROI for Long-Term is higher than the Short-Term in Boone with average rental income of $2,190.

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: -1.42%

Traditional cash on cash: 9.95%

Airbnb Rental Income: $480

Traditional Rental Income: $1632

Airbnb ROI: -1.42%

Traditional ROI: 9.95%

1632 Mamie Eisenhower Avenue

Boone, IA

4 beds | 2 baths | 1,647 sq.ft.

$174,900

Airbnb cash on cash: N/A

Traditional cash on cash: 10.83%

Airbnb Rental Income: $null

Traditional Rental Income: $2247

Airbnb ROI: N/A

Traditional ROI: 10.83%

240 Q Avenue

Boone, IA

4 beds | 2 baths | 2,080 sq.ft.

$269,900

Airbnb cash on cash: N/A

Traditional cash on cash: 7.33%

Airbnb Rental Income: $null

Traditional Rental Income: $2505

Airbnb ROI: N/A

Traditional ROI: 7.33%

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%

883 Nature Road

Boone, IA

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

$285,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.73%

Airbnb Rental Income: $null

Traditional Rental Income: $2176

Airbnb ROI: N/A

Traditional ROI: 5.73%

921 2nd Street

Boone, IA

3 beds | 1 baths | 1,104 sq.ft.

$175,000

Airbnb cash on cash: N/A

Traditional cash on cash: 8.03%

Airbnb Rental Income: $null

Traditional Rental Income: $1821

Airbnb ROI: N/A

Traditional ROI: 8.03%

1322 7th Street

Boone, IA

3 beds | 2 baths | 1,406 sq.ft.

$260,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.16%

Airbnb Rental Income: $null

Traditional Rental Income: $2189

Airbnb ROI: N/A

Traditional ROI: 6.16%

504 Linn Street

Boone, IA

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

$205,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.66%

Airbnb Rental Income: $null

Traditional Rental Income: $1879

Airbnb ROI: N/A