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
2110 14th Avenue N #204 CLEAR LAKE, IA EASY AND EFFICIENT LIVING! Check out his affordable condo with two bedrooms, two bathroom...	3 beds \| 2 baths \| 1,176 sq.ft.	$149,000	Airbnb cash on cash: 3.8% Traditional cash on cash: 10.47% Airbnb Rental Income: $1645 Traditional Rental Income: $2132 Airbnb ROI: 3.8% Traditional ROI: 10.47%
400 S 9th Street CLEAR LAKE, IA Lots of character in this 3-bedroom brick home, located in downtown Clear Lake! This home...	3 beds \| 2 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 Drive 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.	$540,000	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%
305 N 13th Street CLEAR LAKE, IA Beautifully updated 3-bedroom ranch in a great location. Everything has been done and is ...	3 beds \| 3 baths \| 2,471 sq.ft.	$344,000	Airbnb cash on cash: 1.51% Traditional cash on cash: 7.88% Airbnb Rental Income: $1645 Traditional Rental Income: $3240 Airbnb ROI: 1.51% Traditional ROI: 7.88%
501 N Shore Drive CLEAR LAKE, IA Get in on the action with this great lakefront property close to all that Clear Lake has t...	2 beds \| 3 baths \| 1,997 sq.ft.	$899,000	Airbnb cash on cash: -0.66% Traditional cash on cash: 0% Airbnb Rental Income: $1805 Traditional Rental Income: $1868 Airbnb ROI: -0.66% Traditional ROI: 0%
2101 Main Avenue CLEAR LAKE, IA WOW....what a package! This one has it all ~~ Size, Location & Style. Take time to look at...	4 beds \| 3 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 Street 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 Avenue CLEAR LAKE, IA This beautifully updated 4-bedroom, 2-bath home situated on 1.29 acres âa rare find offe...	4 beds \| 2 baths \| 1,840 sq.ft.	$617,000	Airbnb cash on cash: 0.8% Traditional cash on cash: 2.71% Airbnb Rental Income: $2090 Traditional Rental Income: $2655 Airbnb ROI: 0.8% Traditional ROI: 2.71%
1000 1st 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 \| 2,109 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%
2210 14th PL N CLEAR LAKE, IA Imagine life in a beautifully updated Clear Lake ranch, perfectly set on a quiet cul-de-sa...	3 beds \| 2 baths \| 1,598 sq.ft.	$378,000	Airbnb cash on cash: 0.93% Traditional cash on cash: 4.48% Airbnb Rental Income: $1645 Traditional Rental Income: $2444 Airbnb ROI: 0.93% Traditional ROI: 4.48%
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.	$625,000	Airbnb cash on cash: -0.62% Traditional cash on cash: 2.12% Airbnb Rental Income: $1645 Traditional Rental Income: $2779 Airbnb ROI: -0.62% Traditional ROI: 2.12%
415 N Shore Drive CLEAR LAKE, IA Great location, a view of the lake, two houses and one of the largest lots(9504 square fee...	3 beds \| 3 baths \| 1,762 sq.ft.	$454,000	Airbnb cash on cash: 0.57% Traditional cash on cash: 4.45% Airbnb Rental Income: $1645 Traditional Rental Income: $2831 Airbnb ROI: 0.57% Traditional ROI: 4.45%
4665 N Shore Drive CLEAR LAKE, IA Recently renovated and tastefully furnished lakeshore home with 60' of frontage. This spa...	5 beds \| 4 baths \| 3,415 sq.ft.	$1,695,000	Airbnb cash on cash: -1.08% Traditional cash on cash: 0.44% Airbnb Rental Income: $2129 Traditional Rental Income: $3980 Airbnb ROI: -1.08% Traditional ROI: 0.44%
15257 Pascal Street CLEAR LAKE, IA Nestled just moments from vibrant PM Park and the lively Tiki Bar, this delightful 3-bedro...	3 beds \| 1 baths \| 936 sq.ft.	$400,000	Airbnb cash on cash: 1.24% Traditional cash on cash: 2.44% Airbnb Rental Income: $1645 Traditional Rental Income: $1633 Airbnb ROI: 1.24% Traditional ROI: 2.44%
204 S 12th Street CLEAR LAKE, IA Welcome to this inviting 2-bedroom, 1-bath single-family home in beautiful Clear Lake. You...	2 beds \| 1 baths \| 808 sq.ft.	$165,000	Airbnb cash on cash: 5.98% Traditional cash on cash: 7.5% Airbnb Rental Income: $1805 Traditional Rental Income: $1555 Airbnb ROI: 5.98% Traditional ROI: 7.5%
514 17th W Street CLEAR LAKE, IA Just 2 blocks from the lake! Move right in and enjoy this amazing family home. Featuring 3...	3 beds \| 1 baths \| 800 sq.ft.	$208,000	Airbnb cash on cash: 3.46% Traditional cash on cash: 6.31% Airbnb Rental Income: $1645 Traditional Rental Income: $1744 Airbnb ROI: 3.46% Traditional ROI: 6.31%
17 S 13th Street 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%
203 Glen Oaks Drive 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. CLEAR LAKE, IA Building 2 framing is completeâonly five 2200 sq ft units remain in this building at Sto...	3 beds \| 3 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. CLEAR LAKE, IA Building 2 framing is completeâonly five 2200 sq ft units remain at StoneBrook Condomini...	3 beds \| 3 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%
107 Stonebrook Ct. CLEAR LAKE, IA Last condo unit available in the first building! Experience luxury in the NEW 2200 sq ft S...	3 beds \| 3 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%
208 Stonebrook Ct. CLEAR LAKE, IA Framing is up on Building 2 at StoneBrook Condominiumsâyour finishes, your style! Only f...	3 beds \| 3 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%
206 Stonebrook Ct. CLEAR LAKE, IA Discover luxury in the NEW 2200 sq ft condominiums tailored for professionals, families, r...	3 beds \| 3 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%
216 Stonebrook Ct. CLEAR LAKE, IA Discover luxury in the NEW 2200 sq ftcondominiums tailored for professionals, families, re...	3 beds \| 3 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. CLEAR LAKE, IA Framing is up on Building 2 at StoneBrook Condominiumsâyour finishes, your style! Only f...	3 beds \| 3 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%
314 27th PL S CLEAR LAKE, IA Welcome to your dream home in a brand new development! This gorgeous zero-entry, two-bedro...	2 beds \| 2 baths \| 1,412 sq.ft.	$425,000	Airbnb cash on cash: 0.51% Traditional cash on cash: 2.68% Airbnb Rental Income: $1805 Traditional Rental Income: $2178 Airbnb ROI: 0.51% Traditional ROI: 2.68%
312 27th Pl S CLEAR LAKE, IA Welcome to your dream home in a brand new development! This gorgeous zero-entry, two-bedro...	2 beds \| 2 baths \| 1,412 sq.ft.	$425,000	Airbnb cash on cash: 0.51% Traditional cash on cash: 2.68% Airbnb Rental Income: $1805 Traditional Rental Income: $2178 Airbnb ROI: 0.51% Traditional ROI: 2.68%
3514 N Shore Dr CLEAR LAKE, IA Luxury living at its best! Ever dream of owning one of the most recognized homes in Clear ...	5 beds \| 3 baths \| 3,141 sq.ft.	$859,900	Airbnb cash on cash: -0.18% Traditional cash on cash: 1.86% Airbnb Rental Income: $2129 Traditional Rental Income: $3220 Airbnb ROI: -0.18% Traditional ROI: 1.86%
300 N 4th Street CLEAR LAKE, IA You may have passed by this beauty before, but you've never seen her like this! All dress...	4 beds \| 2 baths \| 2,672 sq.ft.	$385,000	Airbnb cash on cash: 1.98% Traditional cash on cash: 5.36% Airbnb Rental Income: $2090 Traditional Rental Income: $2773 Airbnb ROI: 1.98% Traditional ROI: 5.36%
2700 N Shore Drive #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 Drive #305 CLEAR LAKE, IA Welcome to The Harbourage! One of Clear Lakeâs most sought-after communities! This beaut...	1 beds \| 1 baths \| 796 sq.ft.	$199,900	Airbnb cash on cash: 3.19% Traditional cash on cash: 2.71% Airbnb Rental Income: $1875 Traditional Rental Income: $1282 Airbnb ROI: 3.19% Traditional ROI: 2.71%
7021 275TH Way CLEAR LAKE, IA Charming Home on a Half-Acre Garden Oasis Just a mile north of Clear Lake, nestled on a p...	4 beds \| 2 baths \| 1,880 sq.ft.	$267,900	Airbnb cash on cash: 3.8% Traditional cash on cash: 7.93% Airbnb Rental Income: $2090 Traditional Rental Income: $2596 Airbnb ROI: 3.8% Traditional ROI: 7.93%
902 N Shore Drive CLEAR LAKE, IA Discover your lake retreat! This exceptional 4-bedroom, 3-bathroom home is masterfully des...	4 beds \| 3 baths \| 2,592 sq.ft.	$612,900	Airbnb cash on cash: 0.9% Traditional cash on cash: 3.69% Airbnb Rental Income: $2090 Traditional Rental Income: $3147 Airbnb ROI: 0.9% Traditional ROI: 3.69%
2700 N Shore Dr #E-15A #E15A 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: 1.9% Airbnb Rental Income: $1875 Traditional Rental Income: $1099 Airbnb ROI: 3.07% Traditional ROI: 1.9%
2700 N Shore Drive #706 CLEAR LAKE, IA Beautifully updated one-bedroom, one-bath condo in the Harbourage. Recently remodeled wit...	1 beds \| 1 baths \| 660 sq.ft.	$160,000	Airbnb cash on cash: 4.55% Traditional cash on cash: 2.84% Airbnb Rental Income: $1875 Traditional Rental Income: $1113 Airbnb ROI: 4.55% Traditional ROI: 2.84%
15345 Bayside Court 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 Drive #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 Drive #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%
523 10th Avenue N CLEAR LAKE, IA Itâs your lucky day! This charming home was purchased as a temporary stop for a family t...	3 beds \| 1 baths \| 1,100 sq.ft.	$199,999	Airbnb cash on cash: 3.66% Traditional cash on cash: 5.35% Airbnb Rental Income: $1645 Traditional Rental Income: $1503 Airbnb ROI: 3.66% Traditional ROI: 5.35%
15127 Dove Circle CLEAR LAKE, IA Welcome to the serene setting that is Whispering Oaks. Nestled on a quiet cul-de-sac, thi...	4 beds \| 4 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%

Real Estate investment in Clear-lake, IA

There are 88 properties for sale in the city of Clear Lake . The median list price in Clear Lake is $425,000 and the average price per square foot is $231. In December 2025, the average monthly cash on cash return in Clear Lake is 4.00%. The average monthly rental income in Clear Lake is $2,444.

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

There are 88 investment properties available for sale in Clear-lake.

In 2025, 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 $2,444.

Your search for investment property begins and ends here

Investment Property for Sale in Clear Lake, IA

2110 14th Avenue N #204

CLEAR LAKE, IA

3 beds | 2 baths | 1,176 sq.ft.

$149,000

Airbnb cash on cash: 3.8%

Traditional cash on cash: 10.47%

Airbnb Rental Income: $1645

Traditional Rental Income: $2132

Airbnb ROI: 3.8%

Traditional ROI: 10.47%

400 S 9th Street

CLEAR LAKE, IA

3 beds | 2 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 Drive

CLEAR LAKE, IA

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

$540,000

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%

305 N 13th Street

CLEAR LAKE, IA

3 beds | 3 baths | 2,471 sq.ft.

$344,000

Airbnb cash on cash: 1.51%

Traditional cash on cash: 7.88%

Airbnb Rental Income: $1645

Traditional Rental Income: $3240

Airbnb ROI: 1.51%

Traditional ROI: 7.88%

501 N Shore Drive

CLEAR LAKE, IA

2 beds | 3 baths | 1,997 sq.ft.

$899,000

Airbnb cash on cash: -0.66%

Traditional cash on cash: 0%

Airbnb Rental Income: $1805

Traditional Rental Income: $1868

Airbnb ROI: -0.66%

Traditional ROI: 0%

2101 Main Avenue

CLEAR LAKE, IA

4 beds | 3 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 Street 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 Avenue

CLEAR LAKE, IA

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

$617,000

Airbnb cash on cash: 0.8%

Traditional cash on cash: 2.71%

Airbnb Rental Income: $2090

Traditional Rental Income: $2655

Airbnb ROI: 0.8%