Real Estate Investment Properties for Sale in Centerville, IA

Looking for investment property in Centerville, IA with high ROI ?

Explore a variety of short-term homes & houses in Centerville, IA. Invest wisely with VRBO & Centerville, 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 Centerville, IA

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
19036 520th Street Centerville, IA Escape to the perfect blend of country living and convenience with this beautifully update...	3 beds \| 2 baths \| 1,406 sq.ft.	$375,000	Airbnb cash on cash: 0.58% Traditional cash on cash: 4.07% Airbnb Rental Income: $1345 Traditional Rental Income: $2159 Airbnb ROI: 0.58% Traditional ROI: 4.07%
2028 Golfview Circle Centerville, IA Step into this stunning ranch style home nestled in the highly sought after Golfview neigh...	4 beds \| 3 baths \| 3,504 sq.ft.	$345,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.48% Airbnb Rental Income: $null Traditional Rental Income: $3264 Airbnb ROI: N/A Traditional ROI: 7.48%
1006 N 14th Street Centerville, IA Reduced - A great price and great value! Charming 3-Bedroom, 2-Bath Split-Level Home on a ...	3 beds \| 2 baths \| 1,824 sq.ft.	$229,900	Airbnb cash on cash: 1.56% Traditional cash on cash: 7.12% Airbnb Rental Income: $1345 Traditional Rental Income: $2140 Airbnb ROI: 1.56% Traditional ROI: 7.12%
610 N Park Avenue Centerville, IA This beautiful 4- bedroom, 2- bath bungalow is loaded with character and is so much larger...	4 beds \| 2 baths \| 1,945 sq.ft.	$199,000	Airbnb cash on cash: N/A Traditional cash on cash: 11.21% Airbnb Rental Income: $null Traditional Rental Income: $2689 Airbnb ROI: N/A Traditional ROI: 11.21%
1617 S 15Th Street Centerville, IA Experience the ease of single-level living in this beautifully updated ranch home designed...	2 beds \| 2 baths \| 1,752 sq.ft.	$237,500	Airbnb cash on cash: -1.46% Traditional cash on cash: 7.77% Airbnb Rental Income: $717 Traditional Rental Income: $2481 Airbnb ROI: -1.46% Traditional ROI: 7.77%
2072 Golfview Circle Centerville, IA Location, location, location! This well-maintained ranch home offers 3 bedrooms and 3 bath...	3 beds \| 3 baths \| 1,850 sq.ft.	$259,900	Airbnb cash on cash: 0.98% Traditional cash on cash: 3.25% Airbnb Rental Income: $1345 Traditional Rental Income: $1488 Airbnb ROI: 0.98% Traditional ROI: 3.25%
21468 240Th Avenue Centerville, IA This stunning country brick home sits on 12.7 acres M/L of beautiful, usable land-perfect ...	4 beds \| 2 baths \| 2,252 sq.ft.	$335,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.77% Airbnb Rental Income: $null Traditional Rental Income: $2689 Airbnb ROI: N/A Traditional ROI: 6.77%
20147 Hwy 2 Centerville, IA Price Improvement! Charming Brick Ranch on 1.25 Acres (M/L) with a 48' x 40' Utility Build...	3 beds \| 3 baths \| 1,842 sq.ft.	$399,000	Airbnb cash on cash: 0.35% Traditional cash on cash: 5.09% Airbnb Rental Income: $1345 Traditional Rental Income: $2706 Airbnb ROI: 0.35% Traditional ROI: 5.09%
24146 Dewey Rd Centerville, IA Country living 8.5 acres close to town. This property offers 1080 square feet, 2-3 bedroom...	2 beds \| 1 baths \| 1,080 sq.ft.	$234,500	Airbnb cash on cash: -0.37% Traditional cash on cash: 4.86% Airbnb Rental Income: $717 Traditional Rental Income: $1568 Airbnb ROI: -0.37% Traditional ROI: 4.86%
19958 Belle Vista Circle Centerville, IA Don't miss this exceptional opportunity to own a new custom-built finished home. Situated ...	3 beds \| 2 baths \| 1,728 sq.ft.	$369,000	Airbnb cash on cash: 1.32% Traditional cash on cash: 5.67% Airbnb Rental Income: $1345 Traditional Rental Income: $2437 Airbnb ROI: 1.32% Traditional ROI: 5.67%
801 S Main Street Centerville, IA 801 S Main Street \| Centerville, IA $159,000 \| 2 Bed \| 1 Bath \| 1,100 SF Completely update...	2 beds \| 1 baths \| 1,088 sq.ft.	$139,000	Airbnb cash on cash: 1.26% Traditional cash on cash: 10.45% Airbnb Rental Income: $717 Traditional Rental Income: $1633 Airbnb ROI: 1.26% Traditional ROI: 10.45%
17407 200Th Avenue Centerville, IA Beautifully situated on 14.5 m/l acres near Lake Rathbun, this well-maintained 3-bedroom, ...	3 beds \| 2 baths \| 1,865 sq.ft.	$529,500	Airbnb cash on cash: -0.08% Traditional cash on cash: 3.07% Airbnb Rental Income: $1345 Traditional Rental Income: $2490 Airbnb ROI: -0.08% Traditional ROI: 3.07%
20073 200Th Avenue Centerville, IA Discover the perfect blend of privacy, productivity and country charm with this beautiful ...	3 beds \| 2 baths \| 1,288 sq.ft.	$525,000	Airbnb cash on cash: 0.24% Traditional cash on cash: 2.38% Airbnb Rental Income: $1345 Traditional Rental Income: $1980 Airbnb ROI: 0.24% Traditional ROI: 2.38%
18745 Highway J46 Centerville, IA Charming 2-bedroom, 1-bath home situated on just under an acre in a peaceful rural setting...	2 beds \| 1 baths \| 1,232 sq.ft.	$174,500	Airbnb cash on cash: 0.2% Traditional cash on cash: 7.88% Airbnb Rental Income: $717 Traditional Rental Income: $1685 Airbnb ROI: 0.2% Traditional ROI: 7.88%
19995 Bella Vista Circle Centerville, IA Stunning executive home is on the market! This gorgeous 3-bedroom, 3-bath home offers appr...	3 beds \| 3 baths \| 3,708 sq.ft.	$519,000	Airbnb cash on cash: -0.65% Traditional cash on cash: 3.01% Airbnb Rental Income: $1345 Traditional Rental Income: $2707 Airbnb ROI: -0.65% Traditional ROI: 3.01%
1629 S Main Street Centerville, IA Welcome home to this beautifully remodeled and move-in ready 2-bedroom, 1.5-bath residence...	2 beds \| 2 baths \| 1,418 sq.ft.	$183,900	Airbnb cash on cash: -0.52% Traditional cash on cash: 8.64% Airbnb Rental Income: $717 Traditional Rental Income: $2011 Airbnb ROI: -0.52% Traditional ROI: 8.64%
515 S 12Th Street Centerville, IA Beautifully maintained 3-bedroom, 2-bath home offering the extra space and functionality t...	3 beds \| 2 baths \| 1,647 sq.ft.	$204,000	Airbnb cash on cash: 1.63% Traditional cash on cash: 8.86% Airbnb Rental Income: $1345 Traditional Rental Income: $2331 Airbnb ROI: 1.63% Traditional ROI: 8.86%
908 S 16th Centerville, IA Brand new construction with a 1-Year Builder's Warranty! This beautiful 3-bedroom, 2-bath ...	3 beds \| 2 baths \| 1,266 sq.ft.	$239,900	Airbnb cash on cash: 2.08% Traditional cash on cash: 7.09% Airbnb Rental Income: $1345 Traditional Rental Income: $2068 Airbnb ROI: 2.08% Traditional ROI: 7.09%
1200 E Maple Street Centerville, IA Welcome to this gorgeous 3-bedroom, 3-bathroom ranch home offering 2,046 square feet of co...	3 beds \| 3 baths \| 2,046 sq.ft.	$229,500	Airbnb cash on cash: 1.14% Traditional cash on cash: 9.84% Airbnb Rental Income: $1345 Traditional Rental Income: $2820 Airbnb ROI: 1.14% Traditional ROI: 9.84%
623 N 3Rd Street Centerville, IA Can you see yourself calling this inviting 3-bedroom, 2 3/4-bath home your own? You'll lov...	3 beds \| 3 baths \| 1,061 sq.ft.	$215,000	Airbnb cash on cash: 2.02% Traditional cash on cash: 7.17% Airbnb Rental Income: $1345 Traditional Rental Income: $1981 Airbnb ROI: 2.02% Traditional ROI: 7.17%
19940 Bella Vista Circle Centerville, IA Experience the perfect blend of luxury, comfort, and convenience in this gorgeous 3 bedroo...	3 beds \| 4 baths \| 1,500 sq.ft.	$489,900	Airbnb cash on cash: -0.43% Traditional cash on cash: 3.13% Airbnb Rental Income: $1345 Traditional Rental Income: $2560 Airbnb ROI: -0.43% Traditional ROI: 3.13%
23429 Highway 2 Centerville, IA Looking for the perfect balance of country living with the convenience of town just minute...	2 beds \| 1 baths \| 1,008 sq.ft.	$120,000	Airbnb cash on cash: -0.23% Traditional cash on cash: 9.9% Airbnb Rental Income: $717 Traditional Rental Income: $1581 Airbnb ROI: -0.23% Traditional ROI: 9.9%
1006 S 18th Street Centerville, IA Welcome to this 2 bedroom, 1 3/4 bath home with a large eat in kitchen and 4 garages. This...	2 beds \| 2 baths \| 1,360 sq.ft.	$175,000	Airbnb cash on cash: -0.2% Traditional cash on cash: 2.89% Airbnb Rental Income: $717 Traditional Rental Income: $923 Airbnb ROI: -0.2% Traditional ROI: 2.89%

Real Estate investment in Centerville, IA

There are 30 properties for sale in the city of Centerville . The median list price in Centerville is $55,467 and the average price per square foot is $33. In August 2026, the average monthly cash on cash return in Centerville is 9.00%. The average monthly rental income in Centerville is $2,011.

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

There are 30 investment properties available for sale in Centerville.

In 2026, the best neighborhood to buy investment property is Centerville.

The ROI for Long-Term is higher than the Short-Term in Centerville with average rental income of $2,011.

Your search for investment property begins and ends here

Investment Property for Sale in Centerville, IA

19036 520th Street

Centerville, IA

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

$375,000

Airbnb cash on cash: 0.58%

Traditional cash on cash: 4.07%

Airbnb Rental Income: $1345

Traditional Rental Income: $2159

Airbnb ROI: 0.58%

Traditional ROI: 4.07%

2028 Golfview Circle

Centerville, IA

4 beds | 3 baths | 3,504 sq.ft.

$345,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.48%

Airbnb Rental Income: $null

Traditional Rental Income: $3264

Airbnb ROI: N/A

Traditional ROI: 7.48%

1006 N 14th Street

Centerville, IA

3 beds | 2 baths | 1,824 sq.ft.

$229,900

Airbnb cash on cash: 1.56%

Traditional cash on cash: 7.12%

Airbnb Rental Income: $1345

Traditional Rental Income: $2140

Airbnb ROI: 1.56%

Traditional ROI: 7.12%

610 N Park Avenue

Centerville, IA

4 beds | 2 baths | 1,945 sq.ft.

$199,000

Airbnb cash on cash: N/A

Traditional cash on cash: 11.21%

Airbnb Rental Income: $null

Traditional Rental Income: $2689

Airbnb ROI: N/A

Traditional ROI: 11.21%

1617 S 15Th Street

Centerville, IA

2 beds | 2 baths | 1,752 sq.ft.

$237,500

Airbnb cash on cash: -1.46%

Traditional cash on cash: 7.77%

Airbnb Rental Income: $717

Traditional Rental Income: $2481

Airbnb ROI: -1.46%

Traditional ROI: 7.77%

2072 Golfview Circle

Centerville, IA

3 beds | 3 baths | 1,850 sq.ft.

$259,900

Airbnb cash on cash: 0.98%

Traditional cash on cash: 3.25%

Airbnb Rental Income: $1345

Traditional Rental Income: $1488

Airbnb ROI: 0.98%

Traditional ROI: 3.25%

21468 240Th Avenue

Centerville, IA

4 beds | 2 baths | 2,252 sq.ft.

$335,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.77%

Airbnb Rental Income: $null

Traditional Rental Income: $2689

Airbnb ROI: N/A

Traditional ROI: 6.77%

20147 Hwy 2

Centerville, IA

3 beds | 3 baths | 1,842 sq.ft.

$399,000

Airbnb cash on cash: 0.35%

Traditional cash on cash: 5.09%

Airbnb Rental Income: $1345

Traditional Rental Income: $2706

Airbnb ROI: 0.35%