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

separator

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.	$142,000	Airbnb cash on cash: -0.82% Traditional cash on cash: 9.05% Airbnb Rental Income: $573 Traditional Rental Income: $1632 Airbnb ROI: -0.82% Traditional ROI: 9.05%
322 Tama Street Boone, IA If you're in search of a home that has Character and contemporary updates, then look no fu...	3 beds \| 2 baths \| 1,998 sq.ft.	$225,000	Airbnb cash on cash: 1.89% Traditional cash on cash: 4.65% Airbnb Rental Income: $1471 Traditional Rental Income: $1625 Airbnb ROI: 1.89% Traditional ROI: 4.65%
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.	$184,900	Airbnb cash on cash: N/A Traditional cash on cash: 10.21% Airbnb Rental Income: $null Traditional Rental Income: $2247 Airbnb ROI: N/A Traditional ROI: 10.21%
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%
415 2nd Street Boone, IA Welcome to this charming 2-story home in Boone! Built in 1919, this 4-bedroom, 1 Â¾ bath p...	4 beds \| 2 baths \| 1,557 sq.ft.	$159,900	Airbnb cash on cash: N/A Traditional cash on cash: 11.52% Airbnb Rental Income: $null Traditional Rental Income: $2250 Airbnb ROI: N/A Traditional ROI: 11.52%
1022 Linn Street Boone, IA 2 Properties for the Price of 1!! Beautiful 2018 Custom Home with Modern Finishes and ...	3 beds \| 2 baths \| 1,545 sq.ft.	$315,000	Airbnb cash on cash: 0.91% Traditional cash on cash: 5.61% Airbnb Rental Income: $1471 Traditional Rental Income: $2430 Airbnb ROI: 0.91% Traditional ROI: 5.61%
828 Curtis Street Boone, IA Tired of wet basements? No worries here...this home features a brand new waterproofing sys...	3 beds \| 2 baths \| 1,224 sq.ft.	$229,900	Airbnb cash on cash: 2.28% Traditional cash on cash: 7.89% Airbnb Rental Income: $1471 Traditional Rental Income: $2257 Airbnb ROI: 2.28% Traditional ROI: 7.89%
1350 Morning Glory Road Boone, IA 1996-built ranch-style home on .65 acre lot located in the Des Moines river valley ''town'...	3 beds \| 2 baths \| 1,568 sq.ft.	$214,000	Airbnb cash on cash: 1.94% Traditional cash on cash: 8.07% Airbnb Rental Income: $1471 Traditional Rental Income: $2279 Airbnb ROI: 1.94% Traditional ROI: 8.07%
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.	$220,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.22% Airbnb Rental Income: $null Traditional Rental Income: $2535 Airbnb ROI: N/A Traditional ROI: 9.22%
1522 SE Linn Street Boone, IA This home was built in 1961 but there is not much left from the original build. This home...	4 beds \| 3 baths \| 2,463 sq.ft.	$445,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.02% Airbnb Rental Income: $null Traditional Rental Income: $3116 Airbnb ROI: N/A Traditional ROI: 5.02%
1724 Crawford Street Boone, IA Welcome to your well-kept 3 bedroom home close to Franklin Elementary School and Memorial ...	3 beds \| 1 baths \| 1,006 sq.ft.	$217,500	Airbnb cash on cash: 1.91% Traditional cash on cash: 5.12% Airbnb Rental Income: $1471 Traditional Rental Income: $1699 Airbnb ROI: 1.91% Traditional ROI: 5.12%
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%
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.	$270,000	Airbnb cash on cash: 1.45% Traditional cash on cash: 5.79% Airbnb Rental Income: $1471 Traditional Rental Income: $2142 Airbnb ROI: 1.45% Traditional ROI: 5.79%
310 Greene Street Boone, IA 1.5 story home in the heart of Boone; updated and full of character. Close to downtown, sc...	3 beds \| 2 baths \| 1,496 sq.ft.	$210,000	Airbnb cash on cash: 2.21% Traditional cash on cash: 8% Airbnb Rental Income: $1471 Traditional Rental Income: $2191 Airbnb ROI: 2.21% Traditional ROI: 8%
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.	$245,000	Airbnb cash on cash: 1.65% Traditional cash on cash: 5.85% Airbnb Rental Income: $1471 Traditional Rental Income: $2011 Airbnb ROI: 1.65% Traditional ROI: 5.85%
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.	$250,000	Airbnb cash on cash: 1.9% Traditional cash on cash: 7.09% Airbnb Rental Income: $1471 Traditional Rental Income: $2263 Airbnb ROI: 1.9% Traditional ROI: 7.09%
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: -0.91% Traditional cash on cash: 9% Airbnb Rental Income: $573 Traditional Rental Income: $1648 Airbnb ROI: -0.91% Traditional ROI: 9%
1107 Garst Avenue Boone, IA Welcome to this beautiful, character-filled home located in the heart of Boone! Offering 4...	4 beds \| 2 baths \| 1,628 sq.ft.	$200,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.14% Airbnb Rental Income: $null Traditional Rental Income: $2287 Airbnb ROI: N/A Traditional ROI: 9.14%
2003 Carroll Street Boone, IA Enjoy easy single-level living in this charming 2-bedroom cottage features a new roof, bui...	2 beds \| 1 baths \| 820 sq.ft.	$125,000	Airbnb cash on cash: -0.3% Traditional cash on cash: 10.58% Airbnb Rental Income: $573 Traditional Rental Income: $1599 Airbnb ROI: -0.3% Traditional ROI: 10.58%
128 Story Street Boone, IA Convenient location, family home with so much room. This 4+ bedroom home gives most famil...	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%
210 Linn Street Boone, IA 3 Bedroom 1-story home with office. 2-car garage AND 1-car garage. Home was remodeled in...	3 beds \| 2 baths \| 1,272 sq.ft.	$182,000	Airbnb cash on cash: 2.68% Traditional cash on cash: 5.97% Airbnb Rental Income: $1471 Traditional Rental Income: $1606 Airbnb ROI: 2.68% Traditional ROI: 5.97%
1717 Linn Street Boone, IA Step into this beautifully updated 3-bedroom, 2-bath home, where modern comfort meets time...	3 beds \| 2 baths \| 1,552 sq.ft.	$209,500	Airbnb cash on cash: 2.28% Traditional cash on cash: 5.11% Airbnb Rental Income: $1471 Traditional Rental Income: $1599 Airbnb ROI: 2.28% Traditional ROI: 5.11%
322 Marshall Street Boone, IA NEW ROOF! NEW EXTERIOR PAINT! Experience the peace of mind that comes with a new roof, fre...	4 beds \| 2 baths \| 2,048 sq.ft.	$220,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.94% Airbnb Rental Income: $null Traditional Rental Income: $1652 Airbnb ROI: N/A Traditional ROI: 4.94%
428 Crawford Street Boone, IA Step into a bygone era as you're welcomed by a warm, character-filled entryway that hints ...	3 beds \| 2 baths \| 1,482 sq.ft.	$179,900	Airbnb cash on cash: 3.32% Traditional cash on cash: 6.42% Airbnb Rental Income: $1471 Traditional Rental Income: $1568 Airbnb ROI: 3.32% Traditional ROI: 6.42%
103 Destiny Drive Boone, IA Located next to the Boone Little League Fields, this one's a home run! ⚾ Built in 20...	5 beds \| 4 baths \| 1,965 sq.ft.	$356,500	Airbnb cash on cash: N/A Traditional cash on cash: 6.85% Airbnb Rental Income: $null Traditional Rental Income: $3178 Airbnb ROI: N/A Traditional ROI: 6.85%
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 Discover Your Dream Home in Boone, Iowa! Welcome to 714 Ringold St, a stunning stone-front...	4 beds \| 3 baths \| 1,331 sq.ft.	$319,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.03% Airbnb Rental Income: $null Traditional Rental Income: $2346 Airbnb ROI: N/A Traditional ROI: 6.03%
109 Cedar Street Boone, IA This home is one you need to see to appreciate all it has to offer Nearly everything is ne...	3 beds \| 2 baths \| 1,059 sq.ft.	$265,000	Airbnb cash on cash: 2.13% Traditional cash on cash: 5.88% Airbnb Rental Income: $1471 Traditional Rental Income: $1976 Airbnb ROI: 2.13% Traditional ROI: 5.88%
1314 Southview Court Boone, IA Townhouse Living with easy access in and out of town with a perfect view of the Cedar Poin...	3 beds \| 3 baths \| 1,994 sq.ft.	$360,000	Airbnb cash on cash: -0.49% Traditional cash on cash: 4.12% Airbnb Rental Income: $1471 Traditional Rental Income: $2595 Airbnb ROI: -0.49% Traditional ROI: 4.12%
1316 Noble Lynx Drive Boone, IA This home is a hole in one! Just off hole #1 on Honey Creek Golf course sits this modern, ...	5 beds \| 3 baths \| 2,042 sq.ft.	$695,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.53% Airbnb Rental Income: $null Traditional Rental Income: $2964 Airbnb ROI: N/A Traditional ROI: 2.53%
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: 1.98% Traditional cash on cash: 7.06% Airbnb Rental Income: $1471 Traditional Rental Income: $2189 Airbnb ROI: 1.98% Traditional ROI: 7.06%
674 V Avenue Boone, IA Amazing craftmanship in this 3 bedroom 2 bath home. You will be hard pressed to find custo...	3 beds \| 2 baths \| 1,872 sq.ft.	$360,000	Airbnb cash on cash: 1.11% Traditional cash on cash: 5.23% Airbnb Rental Income: $1471 Traditional Rental Income: $2430 Airbnb ROI: 1.11% Traditional ROI: 5.23%
1459 Nakota Place Boone, IA Executive Brick Home Nestled in the Woods on the Edge of TownDiscover this stunning execut...	5 beds \| 5 baths \| 4,040 sq.ft.	$850,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.38% Airbnb Rental Income: $null Traditional Rental Income: $5137 Airbnb ROI: N/A Traditional ROI: 4.38%
1512 Garst Avenue Boone, IA Nestled on the end of a quiet, dead-end street and steps away from Boone Middle School is ...	3 beds \| 2 baths \| 1,628 sq.ft.	$212,500	Airbnb cash on cash: 2.06% Traditional cash on cash: 7.83% Airbnb Rental Income: $1471 Traditional Rental Income: $2199 Airbnb ROI: 2.06% Traditional ROI: 7.83%
1626 Mamie Eisenhower Avenue Boone, IA Discover this stunning move-in ready 3-bedroom bungalow in Boone, IA! Located at 1626 Mami...	3 beds \| 1 baths \| 1,187 sq.ft.	$214,990	Airbnb cash on cash: 3.32% Traditional cash on cash: 7.59% Airbnb Rental Income: $1471 Traditional Rental Income: $1907 Airbnb ROI: 3.32% Traditional ROI: 7.59%
204 Monona Street Boone, IA Refurbished/remodeled nice 3 bedroom home located in an established neighborhood approxima...	3 beds \| 2 baths \| 1,413 sq.ft.	$199,000	Airbnb cash on cash: 3.24% Traditional cash on cash: 9.11% Airbnb Rental Income: $1471 Traditional Rental Income: $2146 Airbnb ROI: 3.24% Traditional ROI: 9.11%
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.	$133,000	Airbnb cash on cash: -1% Traditional cash on cash: 9.67% Airbnb Rental Income: $573 Traditional Rental Income: $1652 Airbnb ROI: -1% Traditional ROI: 9.67%
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.	$205,000	Airbnb cash on cash: 2.41% Traditional cash on cash: 8.59% Airbnb Rental Income: $1471 Traditional Rental Income: $2239 Airbnb ROI: 2.41% Traditional ROI: 8.59%
1137 242nd Street Boone, IA Welcome to your private paradise! 9.89 Acres. 24x72 detached 6 car garage. 48x40 Work Shop...	4 beds \| 4 baths \| 2,824 sq.ft.	$995,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.42% Airbnb Rental Income: $null Traditional Rental Income: $3034 Airbnb ROI: N/A Traditional ROI: 1.42%

Real Estate investment in Boone, IA

There are 62 properties for sale in the city of Boone . The median list price in Boone is $220,000 and the average price per square foot is $141. In September 2025, 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 62 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 $2,235.

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.

$142,000

Airbnb cash on cash: -0.82%

Traditional cash on cash: 9.05%

Airbnb Rental Income: $573

Traditional Rental Income: $1632

Airbnb ROI: -0.82%

Traditional ROI: 9.05%

322 Tama Street

Boone, IA

3 beds | 2 baths | 1,998 sq.ft.

$225,000

Airbnb cash on cash: 1.89%

Traditional cash on cash: 4.65%

Airbnb Rental Income: $1471

Traditional Rental Income: $1625

Airbnb ROI: 1.89%

Traditional ROI: 4.65%

1632 Mamie Eisenhower Avenue

Boone, IA

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

$184,900

Airbnb cash on cash: N/A

Traditional cash on cash: 10.21%

Airbnb Rental Income: $null

Traditional Rental Income: $2247

Airbnb ROI: N/A

Traditional ROI: 10.21%

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%

415 2nd Street

Boone, IA

4 beds | 2 baths | 1,557 sq.ft.

$159,900

Airbnb cash on cash: N/A

Traditional cash on cash: 11.52%

Airbnb Rental Income: $null

Traditional Rental Income: $2250

Airbnb ROI: N/A

Traditional ROI: 11.52%

1022 Linn Street

Boone, IA

3 beds | 2 baths | 1,545 sq.ft.

$315,000

Airbnb cash on cash: 0.91%

Traditional cash on cash: 5.61%

Airbnb Rental Income: $1471

Traditional Rental Income: $2430

Airbnb ROI: 0.91%

Traditional ROI: 5.61%

828 Curtis Street

Boone, IA

3 beds | 2 baths | 1,224 sq.ft.

$229,900

Airbnb cash on cash: 2.28%

Traditional cash on cash: 7.89%

Airbnb Rental Income: $1471

Traditional Rental Income: $2257

Airbnb ROI: 2.28%