Real Estate Investment Properties for Sale in Clear Lake, IA

Looking for investment property in Clear Lake, IA with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
2700 N Shore Drive 305 #305 CLEAR LAKE, IA Welcome to The Harbourage! One of Clear Lake's most sought-after communities! This beautif...	1 beds \| 1 baths \| 796 sq.ft.	$199,900	Airbnb cash on cash: 3.77% Traditional cash on cash: 3.81% Airbnb Rental Income: $1875 Traditional Rental Income: $1382 Airbnb ROI: 3.77% Traditional ROI: 3.81%
400 S 9th St CLEAR LAKE, IA Lots of character in this 3-bedroom brick home, located in downtown Clear Lake! This home ...	3 beds \| 1 baths \| 1,641 sq.ft.	$249,000	Airbnb cash on cash: 2.58% Traditional cash on cash: 7.66% Airbnb Rental Income: $1645 Traditional Rental Income: $2376 Airbnb ROI: 2.58% Traditional ROI: 7.66%
1219 S Shore Dr CLEAR LAKE, IA Beautiful updated home located right next to the lake! All new siding, windows, flooring, ...	4 beds \| 3 baths \| 2,521 sq.ft.	$525,000	Airbnb cash on cash: 0.94% Traditional cash on cash: 3.93% Airbnb Rental Income: $2090 Traditional Rental Income: $3064 Airbnb ROI: 0.94% Traditional ROI: 3.93%
2101 Main Ave CLEAR LAKE, IA WOW....what a package! This one has it all ~~ Size, Location & Style. Take time to look at...	4 beds \| 2 baths \| 2,413 sq.ft.	$323,900	Airbnb cash on cash: 3.07% Traditional cash on cash: 7.77% Airbnb Rental Income: $2090 Traditional Rental Income: $2983 Airbnb ROI: 3.07% Traditional ROI: 7.77%
107 34th St W CLEAR LAKE, IA Wonderful 4 bedroom home in lovely McIntosh subdivision with winking view of Clear Lake an...	4 beds \| 2 baths \| 1,728 sq.ft.	$400,000	Airbnb cash on cash: 1.82% Traditional cash on cash: 4.54% Airbnb Rental Income: $2090 Traditional Rental Income: $2573 Airbnb ROI: 1.82% Traditional ROI: 4.54%
4466 Park Ave CLEAR LAKE, IA UPDATED 4-Bedroom Home on Rare 1.29-Acre Lot - Near South Shore & State Park It is rare to...	4 beds \| 2 baths \| 1,840 sq.ft.	$610,000	Airbnb cash on cash: 0.82% Traditional cash on cash: 2.75% Airbnb Rental Income: $2090 Traditional Rental Income: $2655 Airbnb ROI: 0.82% Traditional ROI: 2.75%
1000 1st Ave Ave S CLEAR LAKE, IA Well-maintained and full of potential, this older home in the heart of Clear Lake offers a...	4 beds \| 2 baths \| 1,334 sq.ft.	$274,170	Airbnb cash on cash: 4.03% Traditional cash on cash: 8.42% Airbnb Rental Income: $2090 Traditional Rental Income: $2687 Airbnb ROI: 4.03% Traditional ROI: 8.42%
516 Lexington Drive CLEAR LAKE, IA Enjoy the perfect blend of comfort and convenience in this custom-built, maintenance-free ...	3 beds \| 3 baths \| 3,692 sq.ft.	$595,000	Airbnb cash on cash: -0.6% Traditional cash on cash: 2.27% Airbnb Rental Income: $1645 Traditional Rental Income: $2779 Airbnb ROI: -0.6% Traditional ROI: 2.27%
204 S 12th St St CLEAR LAKE, IA Welcome to this inviting 2-bedroom, 1-bath single-family home in beautiful Clear Lake. You...	2 beds \| N/A baths \| 1,060 sq.ft.	$150,000	Airbnb cash on cash: 6.65% Traditional cash on cash: 8.32% Airbnb Rental Income: $1805 Traditional Rental Income: $1555 Airbnb ROI: 6.65% Traditional ROI: 8.32%
17 S 13th St CLEAR LAKE, IA Beautiful move-in-ready property that blends timeless character with modern comfort, offer...	3 beds \| 2 baths \| 1,615 sq.ft.	$335,000	Airbnb cash on cash: 1.86% Traditional cash on cash: 3.41% Airbnb Rental Income: $1645 Traditional Rental Income: $1671 Airbnb ROI: 1.86% Traditional ROI: 3.41%
15266 Bayside Ave CLEAR LAKE, IA Enjoy this delightful home near Clear Lake. The kitchen boasts tile counters, a tile backs...	4 beds \| 2 baths \| 2,416 sq.ft.	$399,900	Airbnb cash on cash: 1.67% Traditional cash on cash: 1.65% Airbnb Rental Income: $2090 Traditional Rental Income: $1543 Airbnb ROI: 1.67% Traditional ROI: 1.65%
203 Glen Oaks Dr CLEAR LAKE, IA Newly completed two bedroom townhome available at The Terraces in the private Glen Oaks co...	2 beds \| 2 baths \| 1,826 sq.ft.	$487,000	Airbnb cash on cash: -0.59% Traditional cash on cash: 2.16% Airbnb Rental Income: $1805 Traditional Rental Income: $2570 Airbnb ROI: -0.59% Traditional ROI: 2.16%
210 Stonebrook Ct. St CLEAR LAKE, IA Building 2 framing is complete-only five 2200 sq ft units remain in this building at Stone...	3 beds \| 2 baths \| 2,200 sq.ft.	$432,000	Airbnb cash on cash: -0.57% Traditional cash on cash: 3.73% Airbnb Rental Income: $1645 Traditional Rental Income: $2920 Airbnb ROI: -0.57% Traditional ROI: 3.73%
212 Stonebrook Ct. St CLEAR LAKE, IA Building 2 framing is complete-only five 2200 sq ft units remain at StoneBrook Condominium...	3 beds \| 2 baths \| 2,200 sq.ft.	$432,000	Airbnb cash on cash: 0.14% Traditional cash on cash: 4.43% Airbnb Rental Income: $1645 Traditional Rental Income: $2920 Airbnb ROI: 0.14% Traditional ROI: 4.43%
216 Stonebrook Ct. St CLEAR LAKE, IA Discover luxury in the NEW 2200 sq ftcondominiums tailored for professionals, families, re...	3 beds \| 2 baths \| 2,200 sq.ft.	$432,000	Airbnb cash on cash: -0.57% Traditional cash on cash: 3.73% Airbnb Rental Income: $1645 Traditional Rental Income: $2920 Airbnb ROI: -0.57% Traditional ROI: 3.73%
214 Stonebrook Ct. St CLEAR LAKE, IA Framing is up on Building 2 at StoneBrook Condominiums-your finishes, your style! Only fiv...	3 beds \| 2 baths \| 2,200 sq.ft.	$432,000	Airbnb cash on cash: -0.57% Traditional cash on cash: 3.73% Airbnb Rental Income: $1645 Traditional Rental Income: $2920 Airbnb ROI: -0.57% Traditional ROI: 3.73%
2700 N Shore Dr #201 CLEAR LAKE, IA Fully remodeled and furnished condo with breathtaking views of Clear Lake! New cabinetry, ...	1 beds \| 1 baths \| 796 sq.ft.	$199,000	Airbnb cash on cash: 4.81% Traditional cash on cash: 4.93% Airbnb Rental Income: $1875 Traditional Rental Income: $1395 Airbnb ROI: 4.81% Traditional ROI: 4.93%
2700 N Shore Dr #e-15a Dr #E15A CLEAR LAKE, IA Harbourage Condo with interior remodel in 2020. It has a unique theme. Take a look at the ...	1 beds \| N/A baths \| 600 sq.ft.	$249,000	Airbnb cash on cash: 3.07% Traditional cash on cash: 1.9% Airbnb Rental Income: $1875 Traditional Rental Income: $1099 Airbnb ROI: 3.07% Traditional ROI: 1.9%
15345 Bayside Ct CLEAR LAKE, IA Beautiful 5-bedroom, two-story home in a great Bayside neighborhood. There is plenty of ro...	5 beds \| 4 baths \| 3,557 sq.ft.	$720,000	Airbnb cash on cash: 0.25% Traditional cash on cash: 3.43% Airbnb Rental Income: $2129 Traditional Rental Income: $3719 Airbnb ROI: 0.25% Traditional ROI: 3.43%
2700 N Shore Dr #E1-15A CLEAR LAKE, IA Harbourage Condo with interior remodel in 2020. It has a unique theme. Take a look at the ...	1 beds \| 1 baths \| 600 sq.ft.	$249,000	Airbnb cash on cash: 3.07% Traditional cash on cash: 1.82% Airbnb Rental Income: $1875 Traditional Rental Income: $1081 Airbnb ROI: 3.07% Traditional ROI: 1.82%
2700 N Shore Dr #L34 CLEAR LAKE, IA This three-story condo has beautiful harbor views. Completely remodeled, and the floor pla...	3 beds \| 4 baths \| 1,700 sq.ft.	$579,000	Airbnb cash on cash: 0.14% Traditional cash on cash: 2.67% Airbnb Rental Income: $1645 Traditional Rental Income: $2553 Airbnb ROI: 0.14% Traditional ROI: 2.67%
15127 Dove Cir CLEAR LAKE, IA Welcome to the serene setting that is Whispering Oaks. Nestled on a quiet cul-de-sac, this...	4 beds \| 3 baths \| 2,912 sq.ft.	$799,900	Airbnb cash on cash: 0.1% Traditional cash on cash: 2.24% Airbnb Rental Income: $2090 Traditional Rental Income: $3145 Airbnb ROI: 0.1% Traditional ROI: 2.24%
15257 Thoburn Ave CLEAR LAKE, IA LAKE LIVING AT ITS FINEST! WELCOME TO THE BELL HARBOR COMMUNITY! Rare opportunity PRICED $...	3 beds \| 2 baths \| 1,770 sq.ft.	$556,740	Airbnb cash on cash: 0.43% Traditional cash on cash: 3.24% Airbnb Rental Income: $1645 Traditional Rental Income: $2647 Airbnb ROI: 0.43% Traditional ROI: 3.24%
310 27th Pl S CLEAR LAKE, IA Welcome to Your Dream Home! Discover effortless luxury in this stunning zero-entry, two-be...	2 beds \| 2 baths \| 1,412 sq.ft.	$425,000	Airbnb cash on cash: 2.05% Traditional cash on cash: 4.34% Airbnb Rental Income: $1805 Traditional Rental Income: $2230 Airbnb ROI: 2.05% Traditional ROI: 4.34%
15261 Dodge Ave CLEAR LAKE, IA The Perfect Blend of Town and Country Living! This spacious 5-Bedroom/3-Bath home offers a...	5 beds \| 3 baths \| 2,160 sq.ft.	$750,000	Airbnb cash on cash: 0.07% Traditional cash on cash: 2.08% Airbnb Rental Income: $2129 Traditional Rental Income: $3041 Airbnb ROI: 0.07% Traditional ROI: 2.08%
4055A 235th Street CLEAR LAKE, IA Step inside to a warm foyer that opens to a stunning great room with soaring ceilings, a c...	3 beds \| 3 baths \| 4,650 sq.ft.	$1,185,000	Airbnb cash on cash: -0.55% Traditional cash on cash: 1.06% Airbnb Rental Income: $1645 Traditional Rental Income: $2951 Airbnb ROI: -0.55% Traditional ROI: 1.06%
1810 N 8th St CLEAR LAKE, IA Charming one-level home! Enjoy convenient, step-free living with fresh updates throughout....	2 beds \| 1 baths \| 1,536 sq.ft.	$259,000	Airbnb cash on cash: 2.86% Traditional cash on cash: 4.9% Airbnb Rental Income: $1805 Traditional Rental Income: $1813 Airbnb ROI: 2.86% Traditional ROI: 4.9%
17661 Eagle Ave CLEAR LAKE, IA IMMACULATE acreage with incredible views of the sunset and treed nature area on a hard sur...	5 beds \| 4 baths \| 3,331 sq.ft.	$693,900	Airbnb cash on cash: 0.55% Traditional cash on cash: 3.95% Airbnb Rental Income: $2129 Traditional Rental Income: $3787 Airbnb ROI: 0.55% Traditional ROI: 3.95%
605 Bedford St St CLEAR LAKE, IA Why wait to build when you can move right into this stunning 5 bedroom, 3 bathroom well cr...	5 beds \| N/A baths \| 3,744 sq.ft.	$689,000	Airbnb cash on cash: 0.12% Traditional cash on cash: 1.96% Airbnb Rental Income: $2129 Traditional Rental Income: $2768 Airbnb ROI: 0.12% Traditional ROI: 1.96%
17 Plaza Dr Dr CLEAR LAKE, IA Looking to live in Clear Lake? This property is for you. Be the first to see this 2+bedroo...	2 beds \| N/A baths \| 2,320 sq.ft.	$349,900	Airbnb cash on cash: 1.45% Traditional cash on cash: 3.6% Airbnb Rental Income: $1805 Traditional Rental Income: $2024 Airbnb ROI: 1.45% Traditional ROI: 3.6%
601 19th St W CLEAR LAKE, IA Spacious 5-Bedroom Home Overlooking Veterans Memorial Golf Course in Clear Lake! Enjoy gol...	5 beds \| 3 baths \| 1,898 sq.ft.	$542,500	Airbnb cash on cash: 0.46% Traditional cash on cash: 3.28% Airbnb Rental Income: $2129 Traditional Rental Income: $3147 Airbnb ROI: 0.46% Traditional ROI: 3.28%
1117 Buddy Holly Pl CLEAR LAKE, IA Opportunities Galore in Clear Lake! Your Dream Property Awaits! Nearly 2.5 Acres within Cl...	3 beds \| 2 baths \| 2,794 sq.ft.	$549,000	Airbnb cash on cash: 0.27% Traditional cash on cash: 3.13% Airbnb Rental Income: $1645 Traditional Rental Income: $2649 Airbnb ROI: 0.27% Traditional ROI: 3.13%

Real Estate investment in Clear-lake, IA

There are 71 properties for sale in the city of Clear Lake . The median list price in Clear Lake is $426,500 and the average price per square foot is $220. In March 2026, the average monthly cash on cash return in Clear Lake is 4.00%. The average monthly rental income in Clear Lake is $2,589.

Clear-lake, IA Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 71 investment properties available for sale in Clear-lake.

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

The ROI for Long-Term is higher than the Short-Term in Clear-lake with average rental income of $2,589.

Your search for investment property begins and ends here

Investment Property for Sale in Clear Lake, IA

2700 N Shore Drive 305 #305

CLEAR LAKE, IA

1 beds | 1 baths | 796 sq.ft.

$199,900

Airbnb cash on cash: 3.77%

Traditional cash on cash: 3.81%

Airbnb Rental Income: $1875

Traditional Rental Income: $1382

Airbnb ROI: 3.77%

Traditional ROI: 3.81%

400 S 9th St

CLEAR LAKE, IA

3 beds | 1 baths | 1,641 sq.ft.

$249,000

Airbnb cash on cash: 2.58%

Traditional cash on cash: 7.66%

Airbnb Rental Income: $1645

Traditional Rental Income: $2376

Airbnb ROI: 2.58%

Traditional ROI: 7.66%

1219 S Shore Dr

CLEAR LAKE, IA

4 beds | 3 baths | 2,521 sq.ft.

$525,000

Airbnb cash on cash: 0.94%

Traditional cash on cash: 3.93%

Airbnb Rental Income: $2090

Traditional Rental Income: $3064

Airbnb ROI: 0.94%

Traditional ROI: 3.93%

2101 Main Ave

CLEAR LAKE, IA

4 beds | 2 baths | 2,413 sq.ft.

$323,900

Airbnb cash on cash: 3.07%

Traditional cash on cash: 7.77%

Airbnb Rental Income: $2090

Traditional Rental Income: $2983

Airbnb ROI: 3.07%

Traditional ROI: 7.77%

107 34th St W

CLEAR LAKE, IA

4 beds | 2 baths | 1,728 sq.ft.

$400,000

Airbnb cash on cash: 1.82%

Traditional cash on cash: 4.54%

Airbnb Rental Income: $2090

Traditional Rental Income: $2573

Airbnb ROI: 1.82%

Traditional ROI: 4.54%

4466 Park Ave

CLEAR LAKE, IA

4 beds | 2 baths | 1,840 sq.ft.

$610,000

Airbnb cash on cash: 0.82%

Traditional cash on cash: 2.75%

Airbnb Rental Income: $2090

Traditional Rental Income: $2655

Airbnb ROI: 0.82%

Traditional ROI: 2.75%

1000 1st Ave Ave S

CLEAR LAKE, IA

4 beds | 2 baths | 1,334 sq.ft.

$274,170

Airbnb cash on cash: 4.03%

Traditional cash on cash: 8.42%

Airbnb Rental Income: $2090

Traditional Rental Income: $2687

Airbnb ROI: 4.03%

Traditional ROI: 8.42%

516 Lexington Drive

CLEAR LAKE, IA

3 beds | 3 baths | 3,692 sq.ft.

$595,000

Airbnb cash on cash: -0.6%

Traditional cash on cash: 2.27%

Airbnb Rental Income: $1645

Traditional Rental Income: $2779

Airbnb ROI: -0.6%