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%
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: -1.35% Traditional cash on cash: 11.27% Airbnb Rental Income: $480 Traditional Rental Income: $1473 Airbnb ROI: -1.35% Traditional ROI: 11.27%
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.	$595,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.92% Airbnb Rental Income: $null Traditional Rental Income: $2598 Airbnb ROI: N/A Traditional ROI: 2.92%
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, 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%
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.	$141,500	Airbnb cash on cash: -1.84% Traditional cash on cash: 11.24% Airbnb Rental Income: $480 Traditional Rental Income: $1985 Airbnb ROI: -1.84% Traditional ROI: 11.24%
1803 Tama Street Boone, IA Charming and well-maintained 2-bedroom, 1-bath home perfect for a first-time homebuyer, do...	2 beds \| 1 baths \| 1,042 sq.ft.	$95,000	Airbnb cash on cash: -1.05% Traditional cash on cash: 5.86% Airbnb Rental Income: $480 Traditional Rental Income: $851 Airbnb ROI: -1.05% Traditional ROI: 5.86%
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%
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.	$169,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.32% Airbnb Rental Income: $null Traditional Rental Income: $2279 Airbnb ROI: N/A Traditional ROI: 10.32%
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.	$195,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.5% Airbnb Rental Income: $null Traditional Rental Income: $2535 Airbnb ROI: N/A Traditional ROI: 10.5%
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%
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.	$250,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.89% Airbnb Rental Income: $null Traditional Rental Income: $2306 Airbnb ROI: N/A Traditional ROI: 6.89%
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.	$425,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.26% Airbnb Rental Income: $null Traditional Rental Income: $2614 Airbnb ROI: N/A Traditional ROI: 4.26%
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%
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%
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.	$240,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.14% Airbnb Rental Income: $null Traditional Rental Income: $1773 Airbnb ROI: N/A Traditional ROI: 5.14%
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%
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%
521 Division Street Boone, IA If you're looking for character and charm, you've found it here. Welcome to this warm and ...	3 beds \| 1 baths \| 1,282 sq.ft.	$164,999	Airbnb cash on cash: N/A Traditional cash on cash: 3.5% Airbnb Rental Income: $null Traditional Rental Income: $965 Airbnb ROI: N/A Traditional ROI: 3.5%
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.	$195,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.51% Airbnb Rental Income: $null Traditional Rental Income: $1681 Airbnb ROI: N/A Traditional ROI: 6.51%
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%
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%
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.	$195,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.07% Airbnb Rental Income: $null Traditional Rental Income: $2239 Airbnb ROI: N/A Traditional ROI: 9.07%
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: N/A Traditional cash on cash: 5.36% Airbnb Rental Income: $null Traditional Rental Income: $2258 Airbnb ROI: N/A 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: N/A Traditional cash on cash: 11.56% Airbnb Rental Income: $null Traditional Rental Income: $1644 Airbnb ROI: N/A Traditional ROI: 11.56%
718 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: 7.35% Airbnb Rental Income: $480 Traditional Rental Income: $2375 Airbnb ROI: -0.59% Traditional ROI: 7.35%
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.	$339,990	Airbnb cash on cash: N/A Traditional cash on cash: 6.28% Airbnb Rental Income: $null Traditional Rental Income: $2478 Airbnb ROI: N/A Traditional ROI: 6.28%
722 Mamie Eisenhower Avenue Boone, IA Room for Everyone - Indoors & Out!If you're searching for space, comfort, and thoughtful t...	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%
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: N/A Traditional cash on cash: 3.39% Airbnb Rental Income: $null Traditional Rental Income: $2204 Airbnb ROI: N/A 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: N/A Traditional cash on cash: 3.67% Airbnb Rental Income: $null Traditional Rental Income: $2515 Airbnb ROI: N/A Traditional ROI: 3.67%
104 Tama Street Boone, IA Tucked on a sunny corner lot, this charming 3-bedroom, 2-bath home feels welcoming from th...	3 beds \| 2 baths \| 1,716 sq.ft.	$199,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.24% Airbnb Rental Income: $null Traditional Rental Income: $2249 Airbnb ROI: N/A Traditional ROI: 9.24%
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.	$299,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.05% Airbnb Rental Income: $null Traditional Rental Income: $2217 Airbnb ROI: N/A Traditional ROI: 6.05%
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.	$315,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.15% Airbnb Rental Income: $null Traditional Rental Income: $2284 Airbnb ROI: N/A Traditional ROI: 5.15%
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.	$175,000	Airbnb cash on cash: -1.2% Traditional cash on cash: 9.11% Airbnb Rental Income: $480 Traditional Rental Income: $1929 Airbnb ROI: -1.2% Traditional ROI: 9.11%
1222 W 2nd Street Boone, IA Welcome to this beautifully maintained 4-bedroom, 2-bath two-story home located in the hea...	4 beds \| 2 baths \| 2,960 sq.ft.	$254,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.5% Airbnb Rental Income: $null Traditional Rental Income: $1828 Airbnb ROI: N/A Traditional ROI: 4.5%
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: N/A Traditional cash on cash: 5.99% Airbnb Rental Income: $null Traditional Rental Income: $2289 Airbnb ROI: N/A Traditional ROI: 5.99%
109 W 5th Street Boone, IA This is one of those homes you can feel the care in the moment you walk through the door. ...	4 beds \| 3 baths \| 1,891 sq.ft.	$249,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.38% Airbnb Rental Income: $null Traditional Rental Income: $2573 Airbnb ROI: N/A Traditional ROI: 8.38%
1538 7th Street Boone, IA Welcome to this charming and thoughtfully updated energy-efficient home offering comfort, ...	2 beds \| 1 baths \| 907 sq.ft.	$139,500	Airbnb cash on cash: -0.69% Traditional cash on cash: 9.27% Airbnb Rental Income: $480 Traditional Rental Income: $1545 Airbnb ROI: -0.69% Traditional ROI: 9.27%
1119 Garst Avenue Boone, IA This cozy and well-maintained 1 bedroom, 1 bathroom home offers comfort, convenience, and ...	1 beds \| 1 baths \| 648 sq.ft.	$95,000	Airbnb cash on cash: 0.11% Traditional cash on cash: 5.85% Airbnb Rental Income: $620 Traditional Rental Income: $859 Airbnb ROI: 0.11% Traditional ROI: 5.85%

Real Estate investment in Boone, IA

There are 50 properties for sale in the city of Boone . The median list price in Boone is $227,500 and the average price per square foot is $139. In March 2026, the average monthly cash on cash return in Boone is 7.00%. The average monthly rental income in Boone is $2,189.

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

There are 50 investment properties available for sale in Boone.

In 2026, 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 $2,189.

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%

204 Benton Street

Boone, IA

2 beds | 1 baths | 872 sq.ft.

$103,000

Airbnb cash on cash: -1.35%

Traditional cash on cash: 11.27%

Airbnb Rental Income: $480

Traditional Rental Income: $1473

Airbnb ROI: -1.35%

Traditional ROI: 11.27%

1269 Knap Place

Boone, IA

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

$595,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.92%

Airbnb Rental Income: $null

Traditional Rental Income: $2598

Airbnb ROI: N/A

Traditional ROI: 2.92%

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.

$141,500

Airbnb cash on cash: -1.84%

Traditional cash on cash: 11.24%

Airbnb Rental Income: $480

Traditional Rental Income: $1985

Airbnb ROI: -1.84%

Traditional ROI: 11.24%

1803 Tama Street

Boone, IA

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

$95,000

Airbnb cash on cash: -1.05%

Traditional cash on cash: 5.86%

Airbnb Rental Income: $480

Traditional Rental Income: $851

Airbnb ROI: -1.05%

Traditional ROI: 5.86%

504 Linn Street

Boone, IA

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