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

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
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: 0.82% Traditional cash on cash: 7.66% Airbnb Rental Income: $1148 Traditional Rental Income: $2376 Airbnb ROI: 0.82% 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.	$499,900	Airbnb cash on cash: 1.2% Traditional cash on cash: 4.33% Airbnb Rental Income: $2148 Traditional Rental Income: $3064 Airbnb ROI: 1.2% Traditional ROI: 4.33%
2405 S Lakeview Court CLEAR LAKE, IA Located on Clear Lake's South Shore, wake up to breathtaking lake views in this stunning 4...	4 beds \| 4 baths \| 2,488 sq.ft.	$1,887,400	Airbnb cash on cash: -1.19% Traditional cash on cash: -0.12% Airbnb Rental Income: $2148 Traditional Rental Income: $3483 Airbnb ROI: -1.19% Traditional ROI: -0.12%
109 S 9th Street CLEAR LAKE, IA It doesn't get any better than this! Ideally located just blocks from downtown and the lak...	3 beds \| 2 baths \| 1,478 sq.ft.	$269,500	Airbnb cash on cash: 0.92% Traditional cash on cash: 6.7% Airbnb Rental Income: $1148 Traditional Rental Income: $2238 Airbnb ROI: 0.92% Traditional ROI: 6.7%
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.	$379,000	Airbnb cash on cash: 2.11% Traditional cash on cash: 4.85% Airbnb Rental Income: $2148 Traditional Rental Income: $2573 Airbnb ROI: 2.11% Traditional ROI: 4.85%
908 S 15th Street CLEAR LAKE, IA WARM AND INVITING! THIS BEAUTIFUL 3 BEDROOM IS FANTASTIC! A MUST SEE!! STUNNING UPDATES HA...	3 beds \| 2 baths \| 1,848 sq.ft.	$399,630	Airbnb cash on cash: -0.08% Traditional cash on cash: 4.76% Airbnb Rental Income: $1148 Traditional Rental Income: $2582 Airbnb ROI: -0.08% Traditional ROI: 4.76%
4466 Park Avenue CLEAR LAKE, IA This property combines the convenience of town with the freedom of country-style living. N...	4 beds \| 2 baths \| 1,840 sq.ft.	$589,000	Airbnb cash on cash: 0.97% Traditional cash on cash: 2.89% Airbnb Rental Income: $2148 Traditional Rental Income: $2655 Airbnb ROI: 0.97% Traditional ROI: 2.89%
15378 Oakwood Avenue CLEAR LAKE, IA Perfectly positioned on Clear Lake's desirable south shore, this distinctive home offers t...	3 beds \| 2 baths \| 3,178 sq.ft.	$560,000	Airbnb cash on cash: -0.61% Traditional cash on cash: 2.83% Airbnb Rental Income: $1148 Traditional Rental Income: $2567 Airbnb ROI: -0.61% Traditional ROI: 2.83%
500 18th Street W CLEAR LAKE, IA NESTLED WITHIN A PICTURESQUE, TREE LINED SETTING NEAR CLEAR LAKE, THE GOLF COURSE AND PARK...	3 beds \| 4 baths \| 2,792 sq.ft.	$624,888	Airbnb cash on cash: -0.92% Traditional cash on cash: 2.87% Airbnb Rental Income: $1148 Traditional Rental Income: $2977 Airbnb ROI: -0.92% Traditional ROI: 2.87%
1405 N 20th Street CLEAR LAKE, IA Welcome home to this beautifully updated 3-bedroom, 3-bath twin home that perfectly blends...	3 beds \| 3 baths \| 2,211 sq.ft.	$475,000	Airbnb cash on cash: -0.26% Traditional cash on cash: 4.04% Airbnb Rental Income: $1148 Traditional Rental Income: $2679 Airbnb ROI: -0.26% Traditional ROI: 4.04%
717 S 12th Street CLEAR LAKE, IA Great two bedroom house near Clear Creek Elementary School. Enjoy main-floor laundry, upda...	2 beds \| 2 baths \| 988 sq.ft.	$249,000	Airbnb cash on cash: 0.81% Traditional cash on cash: 5.26% Airbnb Rental Income: $1104 Traditional Rental Income: $1778 Airbnb ROI: 0.81% Traditional ROI: 5.26%
11 Sunset View Drive CLEAR LAKE, IA Great opportunity to own a beautifully remodeled duplex just steps away from the vibrant s...	N/A beds \| N/A baths \| 2,818 sq.ft.	$450,000	Airbnb cash on cash: -2.03% Traditional cash on cash: 1.38% Airbnb Rental Income: $234 Traditional Rental Income: $1442 Airbnb ROI: -2.03% Traditional ROI: 1.38%
104 14th PL S CLEAR LAKE, IA Charming and completely turn-key, this adorable cottage-style home offers the perfect blen...	3 beds \| 1 baths \| 1,290 sq.ft.	$299,000	Airbnb cash on cash: 0.6% Traditional cash on cash: 4.33% Airbnb Rental Income: $1148 Traditional Rental Income: $1817 Airbnb ROI: 0.6% Traditional ROI: 4.33%
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.	$363,000	Airbnb cash on cash: 0.23% Traditional cash on cash: 2.77% Airbnb Rental Income: $1148 Traditional Rental Income: $1633 Airbnb ROI: 0.23% Traditional ROI: 2.77%
15 Timberlane Dr CLEAR LAKE, IA Stunning brick mid-century modern on a sprawling 0.89-acre lot offers the perfect blend of...	4 beds \| 4 baths \| 3,418 sq.ft.	$529,900	Airbnb cash on cash: 1.05% Traditional cash on cash: 2.83% Airbnb Rental Income: $2148 Traditional Rental Income: $2482 Airbnb ROI: 1.05% Traditional ROI: 2.83%
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.	$320,000	Airbnb cash on cash: 0.61% Traditional cash on cash: 3.61% Airbnb Rental Income: $1148 Traditional Rental Income: $1671 Airbnb ROI: 0.61% Traditional ROI: 3.61%
401 Bedford Ct CLEAR LAKE, IA Gorgeous doesn't even begin to describe this 4 bedroom, 3-bath, 3,475 square foot ranch tu...	4 beds \| 3 baths \| 5,110 sq.ft.	$679,000	Airbnb cash on cash: 0.27% Traditional cash on cash: -0.48% Airbnb Rental Income: $2148 Traditional Rental Income: $1124 Airbnb ROI: 0.27% Traditional ROI: -0.48%
809 7th Ave N #313 CLEAR LAKE, IA Welcome to Garden Park Villas, where luxury, comfort, and community come together in this ...	2 beds \| 2 baths \| 1,057 sq.ft.	$313,000	Airbnb cash on cash: -0.02% Traditional cash on cash: 1.14% Airbnb Rental Income: $1104 Traditional Rental Income: $1071 Airbnb ROI: -0.02% Traditional ROI: 1.14%
3609 N Shore Drive CLEAR LAKE, IA Prime Clear Lake North Shore Drive lakeshore! This stunning property offers 60 feet of sho...	5 beds \| 4 baths \| 5,569 sq.ft.	$2,640,000	Airbnb cash on cash: -1.28% Traditional cash on cash: -1.31% Airbnb Rental Income: $2066 Traditional Rental Income: $1468 Airbnb ROI: -1.28% Traditional ROI: -1.31%
203 Glen Oaks Drive CLEAR LAKE, IA Welcome to The Terraces at Glen Oaks, a newly completed two-bedroom townhome located withi...	2 beds \| 2 baths \| 1,826 sq.ft.	$481,900	Airbnb cash on cash: -1.87% Traditional cash on cash: 2.21% Airbnb Rental Income: $1104 Traditional Rental Income: $2570 Airbnb ROI: -1.87% Traditional ROI: 2.21%
3518 N Shore Drive CLEAR LAKE, IA Tucked just off coveted North Shore Drive, this refined residence offers a rare blend of p...	4 beds \| 4 baths \| 3,550 sq.ft.	$639,000	Airbnb cash on cash: 0.32% Traditional cash on cash: 1.6% Airbnb Rental Income: $2148 Traditional Rental Income: $2361 Airbnb ROI: 0.32% Traditional ROI: 1.6%
210 Stonebrook Ct. CLEAR LAKE, IA THIS BEAUTIFUL CONDO IS MOVE IN READY! Each thoughtfully designed 2,200 sq ft condo offers...	3 beds \| 3 baths \| 2,200 sq.ft.	$432,000	Airbnb cash on cash: -1.59% Traditional cash on cash: 3.73% Airbnb Rental Income: $1148 Traditional Rental Income: $2920 Airbnb ROI: -1.59% Traditional ROI: 3.73%
216 Stonebrook Ct. CLEAR LAKE, IA Final stages are underway-drywall and painting are nearly complete, with cabinetry and flo...	3 beds \| 3 baths \| 2,200 sq.ft.	$432,000	Airbnb cash on cash: -1.59% Traditional cash on cash: 3.73% Airbnb Rental Income: $1148 Traditional Rental Income: $2920 Airbnb ROI: -1.59% Traditional ROI: 3.73%
214 Stonebrook Ct. CLEAR LAKE, IA Final stages are underway-drywall and painting are nearly complete, with cabinetry and flo...	3 beds \| 3 baths \| 2,200 sq.ft.	$432,000	Airbnb cash on cash: -1.59% Traditional cash on cash: 3.73% Airbnb Rental Income: $1148 Traditional Rental Income: $2920 Airbnb ROI: -1.59% Traditional ROI: 3.73%
15374 Dodge Avenue CLEAR LAKE, IA Embrace Lake Life at Dodge's Point! From the moment you arrive, this immaculate lake home ...	3 beds \| 3 baths \| 3,358 sq.ft.	$1,790,000	Airbnb cash on cash: -1.36% Traditional cash on cash: -0.58% Airbnb Rental Income: $1148 Traditional Rental Income: $2063 Airbnb ROI: -1.36% Traditional ROI: -0.58%
3514 N Shore Dr CLEAR LAKE, IA Luxury living at its finest! Priced under assessed value! Situated on a large corner lot a...	5 beds \| 3 baths \| 3,141 sq.ft.	$799,000	Airbnb cash on cash: -0.28% Traditional cash on cash: 1.98% Airbnb Rental Income: $2066 Traditional Rental Income: $3220 Airbnb ROI: -0.28% Traditional ROI: 1.98%
112 Coventry Court CLEAR LAKE, IA SPACIOUS RANCH HOME - COMFORT, STYLE & ROOM TO GROW. Welcome home to this beautifully desi...	3 beds \| 3 baths \| 4,334 sq.ft.	$684,000	Airbnb cash on cash: -1.34% Traditional cash on cash: 1.05% Airbnb Rental Income: $1148 Traditional Rental Income: $2291 Airbnb ROI: -1.34% Traditional ROI: 1.05%
2700 N Shore Drive #201 CLEAR LAKE, IA Fully remodeled and furnished condo offering stunning views of Clear Lake! New cabinetry, ...	1 beds \| 1 baths \| 796 sq.ft.	$194,900	Airbnb cash on cash: -0.56% Traditional cash on cash: 5.05% Airbnb Rental Income: $656 Traditional Rental Income: $1395 Airbnb ROI: -0.56% Traditional ROI: 5.05%
2707 S Lakeview Drive #2707 CLEAR LAKE, IA Enjoy stunning views of Clear Lake from nearly anywhere in this home. It offers 50 feet of...	4 beds \| 4 baths \| 3,491 sq.ft.	$1,250,000	Airbnb cash on cash: -0.69% Traditional cash on cash: 0.63% Airbnb Rental Income: $2148 Traditional Rental Income: $3131 Airbnb ROI: -0.69% Traditional ROI: 0.63%
120 Mars Hill Drive CLEAR LAKE, IA Step into the opportunity to own a beautifully restored classic cottage in the heart of Cl...	2 beds \| 1 baths \| 938 sq.ft.	$425,000	Airbnb cash on cash: 0.26% Traditional cash on cash: 2.13% Airbnb Rental Income: $1104 Traditional Rental Income: $1479 Airbnb ROI: 0.26% Traditional ROI: 2.13%
15476 Dodge Ave CLEAR LAKE, IA An unmatched stretch of shoreline, where every room lives in the view. Positioned on covet...	5 beds \| 7 baths \| 7,127 sq.ft.	$2,950,000	Airbnb cash on cash: -1.23% Traditional cash on cash: 0.03% Airbnb Rental Income: $2066 Traditional Rental Income: $4978 Airbnb ROI: -1.23% Traditional ROI: 0.03%
15127 Dove Circle CLEAR LAKE, IA Welcome to the serene setting that is Whispering Oaks. Nestled on a quiet cul-de-sac, this...	4 beds \| 4 baths \| 2,912 sq.ft.	$764,900	Airbnb cash on cash: 0.22% Traditional cash on cash: 2.39% Airbnb Rental Income: $2148 Traditional Rental Income: $3145 Airbnb ROI: 0.22% Traditional ROI: 2.39%

Real Estate investment in Clear-lake, IA

There are 112 properties for sale in the city of Clear Lake . The median list price in Clear Lake is $381,053 and the average price per square foot is $177. In July 2026, the average monthly cash on cash return in Clear Lake is 3.00%. The average monthly rental income in Clear Lake is $2,353.

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

There are 112 investment properties available for sale in Clear-lake.

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

The ROI for Short-Term is higher than the Long-Term in Clear-lake with average rental income of $1,148.

Your search for investment property begins and ends here

Investment Property for Sale in Clear Lake, IA

400 S 9th Street

CLEAR LAKE, IA

3 beds | 2 baths | 1,641 sq.ft.

$249,000

Airbnb cash on cash: 0.82%

Traditional cash on cash: 7.66%

Airbnb Rental Income: $1148

Traditional Rental Income: $2376

Airbnb ROI: 0.82%

Traditional ROI: 7.66%

1219 S Shore Drive

CLEAR LAKE, IA

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

$499,900

Airbnb cash on cash: 1.2%

Traditional cash on cash: 4.33%

Airbnb Rental Income: $2148

Traditional Rental Income: $3064

Airbnb ROI: 1.2%

Traditional ROI: 4.33%

2405 S Lakeview Court

CLEAR LAKE, IA

4 beds | 4 baths | 2,488 sq.ft.

$1,887,400

Airbnb cash on cash: -1.19%

Traditional cash on cash: -0.12%

Airbnb Rental Income: $2148

Traditional Rental Income: $3483

Airbnb ROI: -1.19%

Traditional ROI: -0.12%

109 S 9th Street

CLEAR LAKE, IA

3 beds | 2 baths | 1,478 sq.ft.

$269,500

Airbnb cash on cash: 0.92%

Traditional cash on cash: 6.7%

Airbnb Rental Income: $1148

Traditional Rental Income: $2238

Airbnb ROI: 0.92%

Traditional ROI: 6.7%

107 34Th Street W

CLEAR LAKE, IA

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

$379,000

Airbnb cash on cash: 2.11%

Traditional cash on cash: 4.85%

Airbnb Rental Income: $2148

Traditional Rental Income: $2573

Airbnb ROI: 2.11%

Traditional ROI: 4.85%

908 S 15th Street

CLEAR LAKE, IA

3 beds | 2 baths | 1,848 sq.ft.

$399,630

Airbnb cash on cash: -0.08%

Traditional cash on cash: 4.76%

Airbnb Rental Income: $1148

Traditional Rental Income: $2582

Airbnb ROI: -0.08%

Traditional ROI: 4.76%

4466 Park Avenue

CLEAR LAKE, IA

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

$589,000

Airbnb cash on cash: 0.97%

Traditional cash on cash: 2.89%

Airbnb Rental Income: $2148

Traditional Rental Income: $2655

Airbnb ROI: 0.97%

Traditional ROI: 2.89%

15378 Oakwood Avenue

CLEAR LAKE, IA

3 beds | 2 baths | 3,178 sq.ft.

$560,000

Airbnb cash on cash: -0.61%

Traditional cash on cash: 2.83%

Airbnb Rental Income: $1148

Traditional Rental Income: $2567

Airbnb ROI: -0.61%