Real Estate Investment Properties for Sale in Iowa

Looking for investment property in Iowa with high ROI ?

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

Q: Which city in Iowa to invest in for highest ROI on long term rental properties in 2025

In 2025, Eldorais the best city to buy investment properties. Find more investment properties today!

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
3309 Stoneview Circle SW Cedar Rapids, IA Welcome home to this inviting ranch-style condo offering 2 bedrooms and 2.5 bathrooms in a...	2 beds \| 3 baths \| 1,849 sq.ft.	$223,500	Airbnb cash on cash: 1.3% Traditional cash on cash: 9.07% Airbnb Rental Income: $1129 Traditional Rental Income: $2395 Airbnb ROI: 1.3% Traditional ROI: 9.07%
3832 13th Street Des Moines, IA Comfortable and Cute! This front porch is the perfect habitat for tons of house plants or ...	3 beds \| 2 baths \| 1,178 sq.ft.	$189,000	Airbnb cash on cash: 1.72% Traditional cash on cash: 7.85% Airbnb Rental Income: $1250 Traditional Rental Income: $1953 Airbnb ROI: 1.72% Traditional ROI: 7.85%
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.	$130,000	Airbnb cash on cash: -1.42% Traditional cash on cash: 9.95% Airbnb Rental Income: $480 Traditional Rental Income: $1632 Airbnb ROI: -1.42% Traditional ROI: 9.95%
204 Benton Street Boone, IA Energy-efficient two-bedroom home located in a desirable neighborhood near the hospital an...	2 beds \| 1 baths \| 872 sq.ft.	$110,000	Airbnb cash on cash: -1.33% Traditional cash on cash: 10.52% Airbnb Rental Income: $480 Traditional Rental Income: $1473 Airbnb ROI: -1.33% Traditional ROI: 10.52%
1324 Park Street Perry, IA Escape to the edge of town! This stunning 1.5-story home sits on a quiet, paved road surro...	3 beds \| 3 baths \| 1,267 sq.ft.	$195,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.78% Airbnb Rental Income: $null Traditional Rental Income: $2426 Airbnb ROI: N/A Traditional ROI: 9.78%
1608 W Lincoln Way Marshalltown, IA Looking for space, charm, and endless outdoor potential? Well, this house offers it all an...	3 beds \| 2 baths \| 1,705 sq.ft.	$305,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.6% Airbnb Rental Income: $null Traditional Rental Income: $2716 Airbnb ROI: N/A Traditional ROI: 6.6%
2103 Governor Road Marshalltown, IA This amazing home is move in ready! Every room has been updated. New LVP flooring througho...	3 beds \| 2 baths \| 1,292 sq.ft.	$290,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.84% Airbnb Rental Income: $null Traditional Rental Income: $2258 Airbnb ROI: N/A Traditional ROI: 5.84%
6316 Clearview Circle Urbandale, IA Welcome to this clean 3BR home with gorgeous natural hardwood floors in living room and be...	3 beds \| 2 baths \| 996 sq.ft.	$250,000	Airbnb cash on cash: 1.41% Traditional cash on cash: 5.32% Airbnb Rental Income: $1471 Traditional Rental Income: $1959 Airbnb ROI: 1.41% Traditional ROI: 5.32%
204 W Washington Street Montezuma, IA Completely renovated ranch home on corner lot in Montezuma, Iowa. It's nearly the equivale...	3 beds \| 1 baths \| 1,092 sq.ft.	$194,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.55% Airbnb Rental Income: $null Traditional Rental Income: $1626 Airbnb ROI: N/A Traditional ROI: 6.55%
1716 NW Prairie Creek Drive Grimes, IA NOTE: Finished basement square footage is estimate to be 900sf (consisting of a family roo...	4 beds \| 3 baths \| 1,608 sq.ft.	$484,900	Airbnb cash on cash: 0.18% Traditional cash on cash: 3.06% Airbnb Rental Income: $1757 Traditional Rental Income: $2583 Airbnb ROI: 0.18% Traditional ROI: 3.06%
207 6th Ave N Fort Dodge, IA Take a look at this one! This well kept story and a half Tudor has almost 1,500 sq ft and ...	3 beds \| 1 baths \| 1,472 sq.ft.	$165,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.38% Airbnb Rental Income: $null Traditional Rental Income: $2011 Airbnb ROI: N/A Traditional ROI: 9.38%
2014 8th Ave No Fort Dodge, IA Charming and Spacious 2 story home near Dodger Stadium. 3 generously sizes bedrooms. Updat...	3 beds \| 2 baths \| 1,780 sq.ft.	$182,500	Airbnb cash on cash: N/A Traditional cash on cash: 9.23% Airbnb Rental Income: $null Traditional Rental Income: $2460 Airbnb ROI: N/A Traditional ROI: 9.23%
801 6th Avenue N Humboldt, IA CHARM AND CHARACTER ABOUND in this 3 bed, 1.5 bath 2 story home. Enjoy the old world charm...	3 beds \| 3 baths \| 2,048 sq.ft.	$209,900	Airbnb cash on cash: N/A Traditional cash on cash: 10.02% Airbnb Rental Income: $null Traditional Rental Income: $2634 Airbnb ROI: N/A Traditional ROI: 10.02%
3 Deer Creek Ct MASON CITY, IA Luxury Energy Efficient Home at 3 Deer Creek Court This custom-built two-story home blend...	4 beds \| N/A baths \| 5,710 sq.ft.	$699,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.41% Airbnb Rental Income: $null Traditional Rental Income: $2492 Airbnb ROI: N/A Traditional ROI: 1.41%
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%
2110 14th Avenue N 204 #204 CLEAR LAKE, IA EASY AND EFFICIENT LIVING! Check out his affordable condo with two bedrooms, two bathrooms...	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%
2226 165th Street Spirit Lake, IA Wonderful opportunity in the heart of the Iowa Great Lakes that includes 5 acres of land a...	3 beds \| 1 baths \| 1,988 sq.ft.	$795,000	Airbnb cash on cash: -0.66% Traditional cash on cash: 1.07% Airbnb Rental Income: $1067 Traditional Rental Income: $1986 Airbnb ROI: -0.66% Traditional ROI: 1.07%
4819 Fruitwood Ln NW Cedar Rapids, IA Discover comfort and convenience in this charming 3-bedroom ranch nestled in the desirable...	3 beds \| 2 baths \| 1,040 sq.ft.	$230,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.38% Airbnb Rental Income: $null Traditional Rental Income: $2045 Airbnb ROI: N/A Traditional ROI: 6.38%
8751 Deer Crest Drive Cedar Rapids, IA Dream Acreage! Located in the Deer Ridge development just minutes from downtown Cedar Rapi...	4 beds \| 2 baths \| 1,366 sq.ft.	$324,950	Airbnb cash on cash: -0.77% Traditional cash on cash: 5.12% Airbnb Rental Income: $993 Traditional Rental Income: $2436 Airbnb ROI: -0.77% Traditional ROI: 5.12%
2210 O Avenue NW Cedar Rapids, IA Beautifully Updated Home in Kennedy School District This well-maintained story-and-a-half...	3 beds \| 2 baths \| 1,408 sq.ft.	$210,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.21% Airbnb Rental Income: $null Traditional Rental Income: $2234 Airbnb ROI: N/A Traditional ROI: 8.21%
3724 2nd Avenue SW Cedar Rapids, IA Welcome to 3724 2nd Ave SW â a home that feels inviting the moment you arrive. This 3-be...	3 beds \| 3 baths \| 2,344 sq.ft.	$254,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.1% Airbnb Rental Income: $null Traditional Rental Income: $2895 Airbnb ROI: N/A Traditional ROI: 9.1%
22510 170th Street Iowa Falls, IA Many updates in this home, located conveniently off a hard surface road and close to Highw...	3 beds \| 2 baths \| 1,720 sq.ft.	$255,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.07% Airbnb Rental Income: $null Traditional Rental Income: $2547 Airbnb ROI: N/A Traditional ROI: 8.07%
928 Woodland Iowa Falls, IA This home has 3 bedrooms, 2 baths, large living room, large eat in kitchen, main floor off...	3 beds \| 2 baths \| 1,235 sq.ft.	$179,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.93% Airbnb Rental Income: $null Traditional Rental Income: $2123 Airbnb ROI: N/A Traditional ROI: 8.93%
1505 Rock Island Dr Ely, IA Welcome home! Beautiful two-story home in Ely with a totally updated interior and located ...	3 beds \| 3 baths \| 1,574 sq.ft.	$329,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.42% Airbnb Rental Income: $null Traditional Rental Income: $2517 Airbnb ROI: N/A Traditional ROI: 5.42%
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%
3089 Wheat Boulevard Stockport, IA Stunning 2-Story Home masterfully rebuilt by Kramer Construction & set on over 4 breathtak...	2 beds \| 2 baths \| 3,080 sq.ft.	$475,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.28% Airbnb Rental Income: $null Traditional Rental Income: $2197 Airbnb ROI: N/A Traditional ROI: 3.28%
123 Royal Oaks Guttenberg, IA Enjoy breathtaking views of the Mississippi River Valley from this beautiful 4-bedroom, 3-...	4 beds \| 3 baths \| 1,581 sq.ft.	$450,000	Airbnb cash on cash: -1.41% Traditional cash on cash: 3.09% Airbnb Rental Income: $1051 Traditional Rental Income: $2585 Airbnb ROI: -1.41% Traditional ROI: 3.09%
2402 Des Moines Street Des Moines, IA Enjoy the convenience of professionally cleaned carpets throughout the home! This cozy 2-b...	2 beds \| 1 baths \| 700 sq.ft.	$164,900	Airbnb cash on cash: 1.14% Traditional cash on cash: 3.21% Airbnb Rental Income: $992 Traditional Rental Income: $963 Airbnb ROI: 1.14% Traditional ROI: 3.21%
1006 6th Street NW Altoona, IA CALLING ALL INVESTORS! Solid opportunity for the right buyer willing to put in some work. ...	3 beds \| 2 baths \| 880 sq.ft.	$199,900	Airbnb cash on cash: 0.23% Traditional cash on cash: 6.54% Airbnb Rental Income: $998 Traditional Rental Income: $1841 Airbnb ROI: 0.23% Traditional ROI: 6.54%
200 North Street Williamsburg, IA This cozy home, located just a few blocks from downtown Williamsburg, offers a charming re...	2 beds \| 1 baths \| 792 sq.ft.	$135,000	Airbnb cash on cash: 2.07% Traditional cash on cash: 8.8% Airbnb Rental Income: $984 Traditional Rental Income: $1503 Airbnb ROI: 2.07% Traditional ROI: 8.8%
1021 12th NE MASON CITY, IA Move-in ready 4 bedroom home, 2 full bathrooms, large family room, 2 stall garage. Newer w...	4 beds \| 2 baths \| 2,270 sq.ft.	$199,000	Airbnb cash on cash: N/A Traditional cash on cash: 11.47% Airbnb Rental Income: $null Traditional Rental Income: $2660 Airbnb ROI: N/A Traditional ROI: 11.47%
1207 NW Rolling Rock Road Ankeny, IA Welcome home to this beautifully updated 4 bedroom, 3.5 bath two story in a fantastic Anke...	4 beds \| 4 baths \| 1,797 sq.ft.	$389,000	Airbnb cash on cash: 0.25% Traditional cash on cash: 4.3% Airbnb Rental Income: $1635 Traditional Rental Income: $2653 Airbnb ROI: 0.25% Traditional ROI: 4.3%
2909 SW Country Lane Ankeny, IA Perfectly maintained home located on the SW side of Ankeny just minutes from Saylorville l...	3 beds \| 2 baths \| 1,329 sq.ft.	$349,900	Airbnb cash on cash: 0.74% Traditional cash on cash: 3.94% Airbnb Rental Income: $1615 Traditional Rental Income: $2209 Airbnb ROI: 0.74% Traditional ROI: 3.94%
3700 SW 34th Place Des Moines, IA SW Des Moines home with all the major updates: roof, windows, kitchen, main floor LVP, pai...	4 beds \| 4 baths \| 2,047 sq.ft.	$422,500	Airbnb cash on cash: -0.16% Traditional cash on cash: 4.26% Airbnb Rental Income: $1644 Traditional Rental Income: $2931 Airbnb ROI: -0.16% Traditional ROI: 4.26%
1215 NW Boulder Drive Ankeny, IA Over 3000 sq ft of quality finish in this custom built ranch home. The open concept kitche...	4 beds \| 3 baths \| 1,820 sq.ft.	$525,000	Airbnb cash on cash: -0.38% Traditional cash on cash: 2.55% Airbnb Rental Income: $1635 Traditional Rental Income: $2609 Airbnb ROI: -0.38% Traditional ROI: 2.55%
1961 Sunrise Drive Fairfield, IA Early Vastu design home in Forest Lake neighborhood (formerly Devi Nagar) built by the lat...	5 beds \| 3 baths \| 2,718 sq.ft.	$359,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.7% Airbnb Rental Income: $null Traditional Rental Income: $3072 Airbnb ROI: N/A Traditional ROI: 6.7%
2801 SE Ridge Crest Street Grimes, IA Welcome to this move-in ready ranch home featuring 4 bedrooms and 3 baths that perfectly b...	4 beds \| 3 baths \| 1,240 sq.ft.	$350,000	Airbnb cash on cash: 1.07% Traditional cash on cash: 3.86% Airbnb Rental Income: $1757 Traditional Rental Income: $2192 Airbnb ROI: 1.07% Traditional ROI: 3.86%
1203 W Orchard Centerville, IA Move-In-Ready, Beautiful 4-Bedroom Ranch Home in Quiet Cul-de-Sac - Close to Indian Hills ...	4 beds \| 3 baths \| 3,140 sq.ft.	$280,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.16% Airbnb Rental Income: $null Traditional Rental Income: $3266 Airbnb ROI: N/A Traditional ROI: 9.16%

Real Estate investment in Iowa

There are 7,545 properties available for sale in the state of Iowa. Eldora, Davenport and Sioux City are the best rental property markets in Iowa. The average median price of properties for sale in these cities are $178,292 and the average price per square foot is $0. Their average monthly cash on cash return is 10.33%.

Iowa Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 7,545 investment properties available for sale in Iowa.

In 2025, Eldora is the best city to buy investment properties. Find more investment properties today!

In 2025, Eldora (17%) and Davenport (7%) has the highest cash on cash return for long term rentals in Iowa.

Your search for investment property begins and ends here

Investment Property for Sale in Iowa

3309 Stoneview Circle SW

Cedar Rapids, IA

2 beds | 3 baths | 1,849 sq.ft.

$223,500

Airbnb cash on cash: 1.3%

Traditional cash on cash: 9.07%

Airbnb Rental Income: $1129

Traditional Rental Income: $2395

Airbnb ROI: 1.3%

Traditional ROI: 9.07%

3832 13th Street

Des Moines, IA

3 beds | 2 baths | 1,178 sq.ft.

$189,000

Airbnb cash on cash: 1.72%

Traditional cash on cash: 7.85%

Airbnb Rental Income: $1250

Traditional Rental Income: $1953

Airbnb ROI: 1.72%

Traditional ROI: 7.85%

1311 Union Street

Boone, IA

2 beds | 1 baths | 832 sq.ft.

$130,000

Airbnb cash on cash: -1.42%

Traditional cash on cash: 9.95%

Airbnb Rental Income: $480

Traditional Rental Income: $1632

Airbnb ROI: -1.42%

Traditional ROI: 9.95%

204 Benton Street

Boone, IA

2 beds | 1 baths | 872 sq.ft.

$110,000

Airbnb cash on cash: -1.33%

Traditional cash on cash: 10.52%

Airbnb Rental Income: $480

Traditional Rental Income: $1473

Airbnb ROI: -1.33%

Traditional ROI: 10.52%

1324 Park Street

Perry, IA

3 beds | 3 baths | 1,267 sq.ft.

$195,000

Airbnb cash on cash: N/A

Traditional cash on cash: 9.78%

Airbnb Rental Income: $null

Traditional Rental Income: $2426

Airbnb ROI: N/A

Traditional ROI: 9.78%

1608 W Lincoln Way

Marshalltown, IA

3 beds | 2 baths | 1,705 sq.ft.

$305,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.6%

Airbnb Rental Income: $null

Traditional Rental Income: $2716

Airbnb ROI: N/A

Traditional ROI: 6.6%

2103 Governor Road

Marshalltown, IA

3 beds | 2 baths | 1,292 sq.ft.

$290,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.84%

Airbnb Rental Income: $null

Traditional Rental Income: $2258

Airbnb ROI: N/A

Traditional ROI: 5.84%

6316 Clearview Circle

Urbandale, IA

3 beds | 2 baths | 996 sq.ft.

$250,000

Airbnb cash on cash: 1.41%

Traditional cash on cash: 5.32%

Airbnb Rental Income: $1471

Traditional Rental Income: $1959

Airbnb ROI: 1.41%