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%
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%
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.	$325,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.07% Airbnb Rental Income: $null Traditional Rental Income: $2704 Airbnb ROI: N/A Traditional ROI: 6.07%
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%
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.	$250,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.44% Airbnb Rental Income: $null Traditional Rental Income: $2189 Airbnb ROI: N/A Traditional ROI: 6.44%
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.	$182,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.53% Airbnb Rental Income: $null Traditional Rental Income: $2279 Airbnb ROI: N/A Traditional ROI: 9.53%
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.	$198,500	Airbnb cash on cash: N/A Traditional cash on cash: 10.3% Airbnb Rental Income: $null Traditional Rental Income: $2535 Airbnb ROI: N/A Traditional ROI: 10.3%
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.	$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%
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%
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%
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%
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.	$150,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.62% Airbnb Rental Income: $null Traditional Rental Income: $989 Airbnb ROI: N/A Traditional ROI: 3.62%
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.	$170,000	Airbnb cash on cash: -1.62% Traditional cash on cash: 2.97% Airbnb Rental Income: $480 Traditional Rental Income: $955 Airbnb ROI: -1.62% Traditional ROI: 2.97%
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.	$299,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.25% Airbnb Rental Income: $null Traditional Rental Income: $3039 Airbnb ROI: N/A Traditional ROI: 8.25%
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: N/A Traditional cash on cash: 3.73% Airbnb Rental Income: $null Traditional Rental Income: $1820 Airbnb ROI: N/A Traditional ROI: 3.73%
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.	$348,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.92% Airbnb Rental Income: $null Traditional Rental Income: $3178 Airbnb ROI: N/A Traditional ROI: 6.92%
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%
714 Ringold Street Boone, IA Welcome to 714 Ringold St, a stunning stone-front townhome on the west edge of Boone, offe...	4 beds \| 3 baths \| 1,331 sq.ft.	$329,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.26% Airbnb Rental Income: $null Traditional Rental Income: $2346 Airbnb ROI: N/A Traditional ROI: 6.26%
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%
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%
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 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%
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%
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%
127 Tama Street Boone, IA Discover this stunning, completely remodeled home with 1,512 sf of thoughtfully designed s...	3 beds \| 2 baths \| 1,512 sq.ft.	$250,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.84% Airbnb Rental Income: $null Traditional Rental Income: $2231 Airbnb ROI: N/A Traditional ROI: 6.84%
121 S State Street Boone, IA Including a brand new roof This property has it ALL--and then some! Sitting on a double ...	4 beds \| 4 baths \| 1,568 sq.ft.	$375,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.25% Airbnb Rental Income: $null Traditional Rental Income: $2466 Airbnb ROI: N/A Traditional ROI: 4.25%
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.	$475,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.07% Airbnb Rental Income: $null Traditional Rental Income: $2270 Airbnb ROI: N/A Traditional ROI: 3.07%
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%
1012 S Jackson Street Boone, IA This stunning 2-story, 5-bedroom, 4-bath home with 4,319 sq ft of finish blends timeless c...	5 beds \| 4 baths \| 3,084 sq.ft.	$699,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.87% Airbnb Rental Income: $null Traditional Rental Income: $3566 Airbnb ROI: N/A Traditional ROI: 2.87%
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.	$460,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.52% Airbnb Rental Income: $null Traditional Rental Income: $2515 Airbnb ROI: N/A Traditional ROI: 3.52%
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.	$220,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.28% Airbnb Rental Income: $null Traditional Rental Income: $2249 Airbnb ROI: N/A Traditional ROI: 8.28%

Real Estate investment in Boone, IA

There are 53 properties for sale in the city of Boone . The median list price in Boone is $229,950 and the average price per square foot is $145. In February 2026, the average monthly cash on cash return in Boone is 7.00%. The average monthly rental income in Boone is $2,235.

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

There are 53 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 $2,235.

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%

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%

420 linn Street

Boone, IA

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

$325,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.07%

Airbnb Rental Income: $null

Traditional Rental Income: $2704

Airbnb ROI: N/A

Traditional ROI: 6.07%

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%

1322 7th Street

Boone, IA

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

$250,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.44%

Airbnb Rental Income: $null

Traditional Rental Income: $2189

Airbnb ROI: N/A

Traditional ROI: 6.44%

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

Traditional ROI: 6.88%

1350 Morning Glory Road

Boone, IA

3 beds | 2 baths | 1,568 sq.ft.

$182,000

Airbnb cash on cash: N/A

Traditional cash on cash: 9.53%

Airbnb Rental Income: $null

Traditional Rental Income: $2279

Airbnb ROI: N/A