Real Estate Investment Properties for Sale in Des Moines, IA

Looking for investment property in Des Moines, IA with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
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%
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%
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%
4316 SE 4th Street Des Moines, IA Don't miss this charming 3-bedroom, 2-bath home priced under $250K! Featuring a versatile ...	3 beds \| 2 baths \| 912 sq.ft.	$235,000	Airbnb cash on cash: 0.69% Traditional cash on cash: 4.42% Airbnb Rental Income: $1250 Traditional Rental Income: $1682 Airbnb ROI: 0.69% Traditional ROI: 4.42%
303 Virginia Avenue Des Moines, IA Welcome to 303 Virginia Ave, a cozy, move-in-ready 1.5-story home that feels warm, invitin...	2 beds \| 1 baths \| 1,366 sq.ft.	$200,000	Airbnb cash on cash: 0.07% Traditional cash on cash: 5.23% Airbnb Rental Income: $992 Traditional Rental Income: $1617 Airbnb ROI: 0.07% Traditional ROI: 5.23%
318 Fleetwood Drive Des Moines, IA Welcome to this beautifully refreshed home tucked away on a quiet cul-de-sac in Des Moines...	4 beds \| 2 baths \| 1,028 sq.ft.	$280,000	Airbnb cash on cash: 1.35% Traditional cash on cash: 3.78% Airbnb Rental Income: $1644 Traditional Rental Income: $1823 Airbnb ROI: 1.35% Traditional ROI: 3.78%
2311 Des Moines Street Des Moines, IA Nice! Check out this 3 bedroom, 1 bath home. Some new paint, new carpeting in the largest ...	3 beds \| 1 baths \| 978 sq.ft.	$155,000	Airbnb cash on cash: 2.48% Traditional cash on cash: 7.61% Airbnb Rental Income: $1250 Traditional Rental Income: $1613 Airbnb ROI: 2.48% Traditional ROI: 7.61%
2500 38th Street Des Moines, IA A beautiful home in Beaverdale at its finest!. Featuring 4 bedrooms, the master and a 2nd ...	4 beds \| 1 baths \| 1,293 sq.ft.	$279,900	Airbnb cash on cash: 1.45% Traditional cash on cash: 3.83% Airbnb Rental Income: $1644 Traditional Rental Income: $1810 Airbnb ROI: 1.45% Traditional ROI: 3.83%
2455 SW 7th Street Des Moines, IA Discover this charming ranch in South Des Moines! Built in 2000, this 3-bedroom, 1-bath ho...	3 beds \| 1 baths \| 1,034 sq.ft.	$223,500	Airbnb cash on cash: 1.18% Traditional cash on cash: 4.52% Airbnb Rental Income: $1250 Traditional Rental Income: $1558 Airbnb ROI: 1.18% Traditional ROI: 4.52%
4125 SE 22nd Street Des Moines, IA Welcome to your new home! This meticulously maintained 3-bedroom, 2.5-bathroom residence b...	3 beds \| 3 baths \| 1,393 sq.ft.	$289,900	Airbnb cash on cash: -0.06% Traditional cash on cash: 5.25% Airbnb Rental Income: $1250 Traditional Rental Income: $2304 Airbnb ROI: -0.06% Traditional ROI: 5.25%
4916 SW 13th Street Des Moines, IA Investment property being sold with a current tenant in place paying $900 per month and al...	2 beds \| 1 baths \| 592 sq.ft.	$105,000	Airbnb cash on cash: 2.5% Traditional cash on cash: 8.31% Airbnb Rental Income: $992 Traditional Rental Income: $1230 Airbnb ROI: 2.5% Traditional ROI: 8.31%
2718 Allison Avenue Des Moines, IA 2 bed, 2 bath with a finished lower level and usable walk-up attic. Quiet dead-end street,...	2 beds \| 2 baths \| 824 sq.ft.	$134,900	Airbnb cash on cash: 1.42% Traditional cash on cash: 8.41% Airbnb Rental Income: $992 Traditional Rental Income: $1544 Airbnb ROI: 1.42% Traditional ROI: 8.41%
672 19th Street Des Moines, IA Great investor opportunity! This historic Sherman Hill property was built as a 3-plex in t...	N/A beds \| N/A baths \| 4,737 sq.ft.	$189,000	Airbnb cash on cash: -0.62% Traditional cash on cash: 5.16% Airbnb Rental Income: $863 Traditional Rental Income: $1567 Airbnb ROI: -0.62% Traditional ROI: 5.16%
2210 36th Street Des Moines, IA Come check out this adorable bungalow located in the heart of Beaverdale that offers charm...	2 beds \| 1 baths \| 832 sq.ft.	$178,500	Airbnb cash on cash: 0.54% Traditional cash on cash: 5.95% Airbnb Rental Income: $992 Traditional Rental Income: $1556 Airbnb ROI: 0.54% Traditional ROI: 5.95%
117 SW 58th Drive Des Moines, IA Come visit this split foyer home in one of the most sought out neighborhoods south of Gran...	3 beds \| 2 baths \| 1,188 sq.ft.	$309,900	Airbnb cash on cash: 0.11% Traditional cash on cash: 4.05% Airbnb Rental Income: $1250 Traditional Rental Income: $2002 Airbnb ROI: 0.11% Traditional ROI: 4.05%
1541 44th Street Des Moines, IA Welcome home to this charming 3 bed, 1 bath house in a fantastic Beaverdale location acros...	3 beds \| 1 baths \| 1,152 sq.ft.	$220,000	Airbnb cash on cash: 0.91% Traditional cash on cash: 5.37% Airbnb Rental Income: $1250 Traditional Rental Income: $1782 Airbnb ROI: 0.91% Traditional ROI: 5.37%
3425 SW 13th Street Des Moines, IA Welcome to this charming 2-bedroom, 2-bath ranch located on the south side of Des Moines. ...	2 beds \| 2 baths \| 768 sq.ft.	$189,000	Airbnb cash on cash: 0.37% Traditional cash on cash: 5.29% Airbnb Rental Income: $992 Traditional Rental Income: $1523 Airbnb ROI: 0.37% Traditional ROI: 5.29%
4425 Amick Avenue Des Moines, IA Bold. Spacious. Ready to Impress. Discover this standout 2-story home in Des Moines' sough...	4 beds \| 2 baths \| 1,617 sq.ft.	$259,900	Airbnb cash on cash: 1.53% Traditional cash on cash: 5.73% Airbnb Rental Income: $1644 Traditional Rental Income: $2210 Airbnb ROI: 1.53% Traditional ROI: 5.73%
2615 30th Street Des Moines, IA Nice home centrally located in the heart of the city. 3 bed 2 bath home ready for a new pe...	3 beds \| 2 baths \| 918 sq.ft.	$225,000	Airbnb cash on cash: 0.9% Traditional cash on cash: 4.69% Airbnb Rental Income: $1250 Traditional Rental Income: $1660 Airbnb ROI: 0.9% Traditional ROI: 4.69%
6107 SW 14th Street Des Moines, IA Priced under assessed value! Great home, priced to sell and quick possession possible. 2 a...	3 beds \| 2 baths \| 1,300 sq.ft.	$179,000	Airbnb cash on cash: 1.23% Traditional cash on cash: 7.54% Airbnb Rental Income: $1250 Traditional Rental Income: $1929 Airbnb ROI: 1.23% Traditional ROI: 7.54%
3005 Don Lee Court Des Moines, IA Welcome home to this well-maintained 3-bedroom, 2-bath brick ranch located in a peaceful n...	3 beds \| 2 baths \| 948 sq.ft.	$212,500	Airbnb cash on cash: 0.84% Traditional cash on cash: 6.05% Airbnb Rental Income: $1250 Traditional Rental Income: $1902 Airbnb ROI: 0.84% Traditional ROI: 6.05%
2610 Westover Boulevard Des Moines, IA Timeless charm meets modern living. From the inviting front porch to the warm wood floors,...	4 beds \| 2 baths \| 1,672 sq.ft.	$279,000	Airbnb cash on cash: 1.62% Traditional cash on cash: 5.77% Airbnb Rental Income: $1644 Traditional Rental Income: $2272 Airbnb ROI: 1.62% Traditional ROI: 5.77%
1219 Elder Lane Des Moines, IA Welcome home to this cozy 3-bedroom, 2-bath ranch offering over 1,400 square feet of finis...	3 beds \| 2 baths \| 980 sq.ft.	$229,900	Airbnb cash on cash: 0.72% Traditional cash on cash: 3.71% Airbnb Rental Income: $1250 Traditional Rental Income: $1502 Airbnb ROI: 0.72% Traditional ROI: 3.71%
3905 Clinton Avenue Des Moines, IA Beaverdale beauty! Nicely updated throughout with great curb appeal. The exterior boasts p...	2 beds \| 1 baths \| 816 sq.ft.	$209,900	Airbnb cash on cash: -0.08% Traditional cash on cash: 4.65% Airbnb Rental Income: $992 Traditional Rental Income: $1580 Airbnb ROI: -0.08% Traditional ROI: 4.65%
4001 42nd Street Des Moines, IA Move right into this wonderful Beaverdale home with updates and upgrades throughout! The m...	2 beds \| 2 baths \| 1,052 sq.ft.	$189,000	Airbnb cash on cash: 0.53% Traditional cash on cash: 7.63% Airbnb Rental Income: $992 Traditional Rental Income: $1914 Airbnb ROI: 0.53% Traditional ROI: 7.63%
1222 Watrous Avenue Des Moines, IA Charming ranch home with 3 bedrooms, 2 baths, updated kitchen, and finished lower level, l...	3 beds \| 2 baths \| 960 sq.ft.	$199,900	Airbnb cash on cash: 0.88% Traditional cash on cash: 5.63% Airbnb Rental Income: $1250 Traditional Rental Income: $1754 Airbnb ROI: 0.88% Traditional ROI: 5.63%
3109 Holcomb Avenue Des Moines, IA Welcome to this charming Beaverdale story-and-a-half home! Featuring 3 bedrooms and 1 full...	3 beds \| 2 baths \| 1,087 sq.ft.	$215,000	Airbnb cash on cash: 0.69% Traditional cash on cash: 6.08% Airbnb Rental Income: $1250 Traditional Rental Income: $1950 Airbnb ROI: 0.69% Traditional ROI: 6.08%
5841 SE 22nd Court Des Moines, IA Step inside this zero-entry ranch townhome and instantly feel at home. The open concept la...	2 beds \| 2 baths \| 1,454 sq.ft.	$247,500	Airbnb cash on cash: -0.76% Traditional cash on cash: 6.49% Airbnb Rental Income: $992 Traditional Rental Income: $2332 Airbnb ROI: -0.76% Traditional ROI: 6.49%
3001 E 37th Street Des Moines, IA Welcome to this well-maintained 2-bedroom, 1-bath home situated on a spacious corner lot i...	2 beds \| 1 baths \| 1,120 sq.ft.	$194,900	Airbnb cash on cash: 0.16% Traditional cash on cash: 5.96% Airbnb Rental Income: $992 Traditional Rental Income: $1711 Airbnb ROI: 0.16% Traditional ROI: 5.96%
3103 Lawnview Drive Des Moines, IA Classic Beaverdale brick with 2-car garage plus rare 10x20 workshop/storage extension! 3 m...	3 beds \| 3 baths \| 1,212 sq.ft.	$245,000	Airbnb cash on cash: 0.61% Traditional cash on cash: 6.95% Airbnb Rental Income: $1250 Traditional Rental Income: $2321 Airbnb ROI: 0.61% Traditional ROI: 6.95%
4037 Amick Avenue Des Moines, IA Charming Beaverdale brick home with almost an acre of green space! Welcome to this meticul...	3 beds \| 2 baths \| 1,515 sq.ft.	$375,000	Airbnb cash on cash: -0.23% Traditional cash on cash: 3.82% Airbnb Rental Income: $1250 Traditional Rental Income: $2276 Airbnb ROI: -0.23% Traditional ROI: 3.82%
309 E Park Avenue Des Moines, IA Charming 3 bedroom, 1 bathroom ranch in the desirable Greater South Side. This well-built ...	3 beds \| 1 baths \| 912 sq.ft.	$210,000	Airbnb cash on cash: 1.31% Traditional cash on cash: 4.87% Airbnb Rental Income: $1250 Traditional Rental Income: $1561 Airbnb ROI: 1.31% Traditional ROI: 4.87%
2930 SE 7th Street Des Moines, IA Perfect starter home features 2 beds, 1 bath, solid useable basement space with non confor...	2 beds \| 1 baths \| 709 sq.ft.	$155,000	Airbnb cash on cash: 0.92% Traditional cash on cash: 5.87% Airbnb Rental Income: $992 Traditional Rental Income: $1371 Airbnb ROI: 0.92% Traditional ROI: 5.87%
1240 32nd Street Des Moines, IA Great unit for sale right next to Drake. This 4-plex features 2, 2 bed/1 bath units and 2 ...	6 beds \| 4 baths \| 2,492 sq.ft.	$339,900	Airbnb cash on cash: 1.12% Traditional cash on cash: 8.69% Airbnb Rental Income: $1779 Traditional Rental Income: $3713 Airbnb ROI: 1.12% Traditional ROI: 8.69%
3802 12th Street Des Moines, IA Great investment opportunity or a single-family home ready for you to make yours! One car ...	3 beds \| 1 baths \| 1,288 sq.ft.	$185,000	Airbnb cash on cash: 1.69% Traditional cash on cash: 7.45% Airbnb Rental Income: $1250 Traditional Rental Income: $1865 Airbnb ROI: 1.69% Traditional ROI: 7.45%
2234 Highland Street Des Moines, IA This charming bungalow is full of updates and character! Featuring three bedrooms on the m...	4 beds \| 1 baths \| 1,248 sq.ft.	$212,000	Airbnb cash on cash: 3.35% Traditional cash on cash: 6.11% Airbnb Rental Income: $1644 Traditional Rental Income: $1735 Airbnb ROI: 3.35% Traditional ROI: 6.11%
2731 Franklin Avenue Des Moines, IA This huge home offers outstanding space and versatility on a large lot with a fenced in ya...	4 beds \| 3 baths \| 2,209 sq.ft.	$210,000	Airbnb cash on cash: 2.19% Traditional cash on cash: 9.76% Airbnb Rental Income: $1644 Traditional Rental Income: $2687 Airbnb ROI: 2.19% Traditional ROI: 9.76%
5817 SE 22nd Court Des Moines, IA Spacious ranch townhome that is one owner and meticulous! Over 1450 sqft and a very open p...	2 beds \| 2 baths \| 1,454 sq.ft.	$239,900	Airbnb cash on cash: 0.12% Traditional cash on cash: 7.53% Airbnb Rental Income: $992 Traditional Rental Income: $2319 Airbnb ROI: 0.12% Traditional ROI: 7.53%
6705 Three Lakes Parkway Des Moines, IA Fabulous move in ready 3 bedroom, 3 bath home with finished walkout basement. Home backs t...	3 beds \| 3 baths \| 1,786 sq.ft.	$380,000	Airbnb cash on cash: -0.42% Traditional cash on cash: 4.32% Airbnb Rental Income: $1250 Traditional Rental Income: $2544 Airbnb ROI: -0.42% Traditional ROI: 4.32%
4133 E Madison Avenue Des Moines, IA Location, Location, Location!!! Don't miss this updated 3br /2ba home with oversized owner...	3 beds \| 2 baths \| 988 sq.ft.	$229,900	Airbnb cash on cash: 0.95% Traditional cash on cash: 4.01% Airbnb Rental Income: $1250 Traditional Rental Income: $1519 Airbnb ROI: 0.95% Traditional ROI: 4.01%

Real Estate investment in Des-moines, IA

There are 719 properties for sale in the city of Des Moines . The median list price in Des Moines is $229,900 and the average price per square foot is $175. In December 2025, the average monthly cash on cash return in Des Moines is 6.00%. The average monthly rental income in Des Moines is $1,873.

Des-moines, IA Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 719 investment properties available for sale in Des-moines.

In 2025, the best neighborhood to buy investment property is Des Moines.

The ROI for Long-Term is higher than the Short-Term in Des-moines with average rental income of $1,873.

Your search for investment property begins and ends here

Investment Property for Sale in Des Moines, IA

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%

2402 Des Moines Street

Des Moines, IA

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%

3700 SW 34th Place

Des Moines, IA

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%

4316 SE 4th Street

Des Moines, IA

3 beds | 2 baths | 912 sq.ft.

$235,000

Airbnb cash on cash: 0.69%

Traditional cash on cash: 4.42%

Airbnb Rental Income: $1250

Traditional Rental Income: $1682

Airbnb ROI: 0.69%

Traditional ROI: 4.42%

303 Virginia Avenue

Des Moines, IA

2 beds | 1 baths | 1,366 sq.ft.

$200,000

Airbnb cash on cash: 0.07%

Traditional cash on cash: 5.23%

Airbnb Rental Income: $992

Traditional Rental Income: $1617

Airbnb ROI: 0.07%

Traditional ROI: 5.23%

318 Fleetwood Drive

Des Moines, IA

4 beds | 2 baths | 1,028 sq.ft.

$280,000

Airbnb cash on cash: 1.35%

Traditional cash on cash: 3.78%

Airbnb Rental Income: $1644

Traditional Rental Income: $1823

Airbnb ROI: 1.35%

Traditional ROI: 3.78%

2311 Des Moines Street

Des Moines, IA

3 beds | 1 baths | 978 sq.ft.

$155,000

Airbnb cash on cash: 2.48%

Traditional cash on cash: 7.61%

Airbnb Rental Income: $1250

Traditional Rental Income: $1613

Airbnb ROI: 2.48%

Traditional ROI: 7.61%

2500 38th Street

Des Moines, IA

4 beds | 1 baths | 1,293 sq.ft.

$279,900

Airbnb cash on cash: 1.45%

Traditional cash on cash: 3.83%

Airbnb Rental Income: $1644

Traditional Rental Income: $1810

Airbnb ROI: 1.45%