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
2717 57th Street Des Moines, IA BIG potential, GREAT location, and room to make it your own! Discover the possibilities in...	3 beds \| 2 baths \| 1,008 sq.ft.	$200,000	Airbnb cash on cash: 1.95% Traditional cash on cash: 6.46% Airbnb Rental Income: $1482 Traditional Rental Income: $1901 Airbnb ROI: 1.95% Traditional ROI: 6.46%
1502 Guthrie Avenue Des Moines, IA An extra-deep lot, a newer detached garage, and flexible living spaces set this classic bu...	2 beds \| 1 baths \| 1,096 sq.ft.	$169,900	Airbnb cash on cash: 1.38% Traditional cash on cash: 7.47% Airbnb Rental Income: $1098 Traditional Rental Income: $1712 Airbnb ROI: 1.38% Traditional ROI: 7.47%
4217 Leyden Avenue Des Moines, IA $5,000 seller concession for rate buy down, closing cost or reduction in price. Welcome ho...	4 beds \| 2 baths \| 930 sq.ft.	$268,000	Airbnb cash on cash: 3.11% Traditional cash on cash: 4.59% Airbnb Rental Income: $2054 Traditional Rental Income: $1897 Airbnb ROI: 3.11% Traditional ROI: 4.59%
5950 SE 19th Street Des Moines, IA Great brick ranch setting on nearly 1/2 acre. 2 bedrooms plus another room that is current...	2 beds \| 1 baths \| 1,076 sq.ft.	$224,900	Airbnb cash on cash: 0.42% Traditional cash on cash: 5.31% Airbnb Rental Income: $1098 Traditional Rental Income: $1768 Airbnb ROI: 0.42% Traditional ROI: 5.31%
2 E Hillside Avenue Des Moines, IA Looking for a home that gives you space, flexibility, and a great location? This 3-bedroom...	3 beds \| 2 baths \| 960 sq.ft.	$184,000	Airbnb cash on cash: 2.6% Traditional cash on cash: 5.95% Airbnb Rental Income: $1482 Traditional Rental Income: $1633 Airbnb ROI: 2.6% Traditional ROI: 5.95%
4571 E 38th Street Des Moines, IA Welcome to your dream retreat! Nestled on a picturesque, half acre lot on the outskirts of...	4 beds \| 2 baths \| 1,160 sq.ft.	$230,000	Airbnb cash on cash: 4.2% Traditional cash on cash: 6.92% Airbnb Rental Income: $2054 Traditional Rental Income: $2114 Airbnb ROI: 4.2% Traditional ROI: 6.92%
4225 SE 23rd Street Des Moines, IA Spacious, versatility, and well cared for home and all within walking distance of Easter L...	3 beds \| 4 baths \| 1,719 sq.ft.	$309,000	Airbnb cash on cash: 0.47% Traditional cash on cash: 5.43% Airbnb Rental Income: $1482 Traditional Rental Income: $2489 Airbnb ROI: 0.47% Traditional ROI: 5.43%
1112 Lewis Avenue Des Moines, IA $10,000 Seller Concession With Acceptable Offer! Buyer may apply concession toward allowab...	2 beds \| 1 baths \| 864 sq.ft.	$188,700	Airbnb cash on cash: 0.63% Traditional cash on cash: 5.03% Airbnb Rental Income: $1098 Traditional Rental Income: $1515 Airbnb ROI: 0.63% Traditional ROI: 5.03%
3841 E 39th Ct Des Moines, IA Cute, charming, and full of potential! This 2-bedroom ranch features a 1-car attached gara...	2 beds \| 1 baths \| 864 sq.ft.	$200,000	Airbnb cash on cash: 0.69% Traditional cash on cash: 5.2% Airbnb Rental Income: $1098 Traditional Rental Income: $1582 Airbnb ROI: 0.69% Traditional ROI: 5.2%
2023 37th Street Des Moines, IA Welcome to this charming 2-bedroom, 2-bath bungalow in the heart of Beaverdale with 1,200+...	2 beds \| 2 baths \| 616 sq.ft.	$220,000	Airbnb cash on cash: 0.62% Traditional cash on cash: 4.81% Airbnb Rental Income: $1098 Traditional Rental Income: $1600 Airbnb ROI: 0.62% Traditional ROI: 4.81%
3910 E 8th Street Des Moines, IA Tremendous Opportunity to Own a Well Maintained 2 Bedroom Plus 1 Non-Conforming bedroom Ra...	2 beds \| 2 baths \| 742 sq.ft.	$182,500	Airbnb cash on cash: 1.11% Traditional cash on cash: 7.74% Airbnb Rental Income: $1098 Traditional Rental Income: $1876 Airbnb ROI: 1.11% Traditional ROI: 7.74%
1709 Kenyon Avenue Des Moines, IA Welcome home to this charming walk-out ranch situated on a spacious, fully fenced 0.367-ac...	3 beds \| 2 baths \| 960 sq.ft.	$230,000	Airbnb cash on cash: 1.58% Traditional cash on cash: 4.83% Airbnb Rental Income: $1482 Traditional Rental Income: $1753 Airbnb ROI: 1.58% Traditional ROI: 4.83%
746 31st Street Des Moines, IA Charming two-story home just minutes from the shops, restaurants, and nightlife along Inge...	3 beds \| 2 baths \| 1,467 sq.ft.	$279,900	Airbnb cash on cash: 0.83% Traditional cash on cash: 5.16% Airbnb Rental Income: $1482 Traditional Rental Income: $2190 Airbnb ROI: 0.83% Traditional ROI: 5.16%
4016 10th Street Des Moines, IA A big fenced-in yard, original hardwood floors, and character you just don't find in every...	2 beds \| 2 baths \| 872 sq.ft.	$199,900	Airbnb cash on cash: 0.62% Traditional cash on cash: 6.82% Airbnb Rental Income: $1098 Traditional Rental Income: $1903 Airbnb ROI: 0.62% Traditional ROI: 6.82%
1344 39th Street Des Moines, IA Classic Beaverdale charm awaits in this 1928 bungalow featuring 3 bedrooms, 1 bathroom, an...	3 beds \| 1 baths \| 1,346 sq.ft.	$215,000	Airbnb cash on cash: 1.93% Traditional cash on cash: 6.05% Airbnb Rental Income: $1482 Traditional Rental Income: $1884 Airbnb ROI: 1.93% Traditional ROI: 6.05%
4106 Plainview Drive Des Moines, IA Charming bungalow in Waveland Park area features close to 1000 SF, 2 beds, 1 bath, 1 car g...	2 beds \| 1 baths \| 955 sq.ft.	$225,000	Airbnb cash on cash: 0.36% Traditional cash on cash: 4.48% Airbnb Rental Income: $1098 Traditional Rental Income: $1603 Airbnb ROI: 0.36% Traditional ROI: 4.48%
3943 12th Street Des Moines, IA Spacious and full of potential, this 2-story home offers 3 large bedrooms and 1.5 bathroom...	3 beds \| 2 baths \| 1,536 sq.ft.	$224,900	Airbnb cash on cash: 1.56% Traditional cash on cash: 3.88% Airbnb Rental Income: $1482 Traditional Rental Income: $1539 Airbnb ROI: 1.56% Traditional ROI: 3.88%
3116 52nd Street Des Moines, IA This charming 3-bedroom, 3-bathroom brick home blends classic character with thoughtful up...	3 beds \| 3 baths \| 1,695 sq.ft.	$295,000	Airbnb cash on cash: 0.51% Traditional cash on cash: 5.82% Airbnb Rental Income: $1482 Traditional Rental Income: $2521 Airbnb ROI: 0.51% Traditional ROI: 5.82%
1502 29th Street Des Moines, IA Welcome to 1502 29th St in the historic Drake neighborhood. Picture starting your morning ...	2 beds \| 2 baths \| 1,320 sq.ft.	$179,900	Airbnb cash on cash: 0.9% Traditional cash on cash: 7.66% Airbnb Rental Income: $1098 Traditional Rental Income: $1882 Airbnb ROI: 0.9% Traditional ROI: 7.66%
1800 E 32nd Court Des Moines, IA This Northeast Des Moines ranch has already taken care of the stuff that'll keep you up at...	2 beds \| 1 baths \| 1,094 sq.ft.	$224,000	Airbnb cash on cash: 0.48% Traditional cash on cash: 2.41% Airbnb Rental Income: $1098 Traditional Rental Income: $1135 Airbnb ROI: 0.48% Traditional ROI: 2.41%
714 31st Street Des Moines, IA Lots of updates and easy access to all Des Moines has to offer in this completely updated ...	3 beds \| 2 baths \| 1,384 sq.ft.	$234,900	Airbnb cash on cash: 1.15% Traditional cash on cash: 6.01% Airbnb Rental Income: $1482 Traditional Rental Income: $2126 Airbnb ROI: 1.15% Traditional ROI: 6.01%
300 Walnut Street #1306 Des Moines, IA Experience downtown living from the 13th floor of this beautifully updated Plaza high-rise...	1 beds \| 1 baths \| 680 sq.ft.	$162,950	Airbnb cash on cash: -3.52% Traditional cash on cash: 3% Airbnb Rental Income: $708 Traditional Rental Income: $1414 Airbnb ROI: -3.52% Traditional ROI: 3%
400 E Locust Street #308 Des Moines, IA Welcome to this spacious, light-filled condo in the heart of a vibrant, walkable downtown ...	1 beds \| 1 baths \| 709 sq.ft.	$159,900	Airbnb cash on cash: -2.81% Traditional cash on cash: 4.59% Airbnb Rental Income: $708 Traditional Rental Income: $1531 Airbnb ROI: -2.81% Traditional ROI: 4.59%
1324 Birch Lane Des Moines, IA Welcome to this charming 3-bedroom, 2-bath home with an additional non-conforming bedroom ...	3 beds \| 1 baths \| 1,091 sq.ft.	$220,000	Airbnb cash on cash: 1.82% Traditional cash on cash: 4.45% Airbnb Rental Income: $1482 Traditional Rental Income: $1594 Airbnb ROI: 1.82% Traditional ROI: 4.45%
4523 50th Street Des Moines, IA Welcome home to this two-story, bi-attached home offering comfortable living space and a c...	3 beds \| 2 baths \| 1,276 sq.ft.	$200,000	Airbnb cash on cash: 2.18% Traditional cash on cash: 7.06% Airbnb Rental Income: $1482 Traditional Rental Income: $1974 Airbnb ROI: 2.18% Traditional ROI: 7.06%
1429 12th Street Des Moines, IA Affordable and move-in ready! This updated 2-bedroom, 1-bath home is centrally located in ...	2 beds \| 1 baths \| 816 sq.ft.	$160,000	Airbnb cash on cash: 1.99% Traditional cash on cash: 6.46% Airbnb Rental Income: $1098 Traditional Rental Income: $1409 Airbnb ROI: 1.99% Traditional ROI: 6.46%
1301 57th Place Des Moines, IA Don't miss this well-maintained 2-bedroom, 1-bath ranch offering the perfect blend of comf...	2 beds \| 2 baths \| 699 sq.ft.	$189,900	Airbnb cash on cash: 0.76% Traditional cash on cash: 6.07% Airbnb Rental Income: $1098 Traditional Rental Income: $1685 Airbnb ROI: 0.76% Traditional ROI: 6.07%
1325 E Tiffin Avenue Des Moines, IA Spacious 4-bedroom, 2.5-bath home conveniently located near Grand View University and with...	4 beds \| 3 baths \| 1,410 sq.ft.	$245,000	Airbnb cash on cash: 3.61% Traditional cash on cash: 8.36% Airbnb Rental Income: $2054 Traditional Rental Income: $2622 Airbnb ROI: 3.61% Traditional ROI: 8.36%
2343 Glenwood Drive #50 Des Moines, IA Enjoy this super cute, well-maintained open-concept condo featuring a functional kitchen &...	2 beds \| 1 baths \| 944 sq.ft.	$130,000	Airbnb cash on cash: -0.22% Traditional cash on cash: 6.12% Airbnb Rental Income: $1098 Traditional Rental Income: $1518 Airbnb ROI: -0.22% Traditional ROI: 6.12%
804 E Spring Street Des Moines, IA Looking for a remodeled/updated ranch home? If you said yes, then let's talk! This sweet r...	3 beds \| 2 baths \| 912 sq.ft.	$221,000	Airbnb cash on cash: 1.75% Traditional cash on cash: 4.41% Airbnb Rental Income: $1482 Traditional Rental Income: $1601 Airbnb ROI: 1.75% Traditional ROI: 4.41%
2018 36th Street Des Moines, IA Charming 1932 story-and-a-half brick Beaverdale home featuring timeless character and invi...	3 beds \| 2 baths \| 1,764 sq.ft.	$288,000	Airbnb cash on cash: 0.87% Traditional cash on cash: 4.91% Airbnb Rental Income: $1482 Traditional Rental Income: $2142 Airbnb ROI: 0.87% Traditional ROI: 4.91%
1536 Royer Street Des Moines, IA Charming 2-bedroom, 1-bath bungalow near Grand View University featuring beautiful hardwoo...	2 beds \| 1 baths \| 1,016 sq.ft.	$165,000	Airbnb cash on cash: 1.28% Traditional cash on cash: 6.48% Airbnb Rental Income: $1098 Traditional Rental Income: $1546 Airbnb ROI: 1.28% Traditional ROI: 6.48%
408 E Payton Avenue Des Moines, IA This charming 3-bedroom, 1-bathroom home offers a comfortable and functional layout with b...	3 beds \| 1 baths \| 800 sq.ft.	$210,000	Airbnb cash on cash: 2.26% Traditional cash on cash: 4.18% Airbnb Rental Income: $1482 Traditional Rental Income: $1428 Airbnb ROI: 2.26% Traditional ROI: 4.18%
5606 Ovid Avenue Des Moines, IA Super-cute 3-bedroom bungalow in NW Des Moines featuring timeless charm and thoughtful upd...	3 beds \| 1 baths \| 930 sq.ft.	$175,000	Airbnb cash on cash: 2.96% Traditional cash on cash: 6.69% Airbnb Rental Income: $1482 Traditional Rental Income: $1668 Airbnb ROI: 2.96% Traditional ROI: 6.69%
205 Philip Street Des Moines, IA Perfect for a first-time homebuyer! Inside, this single-story bungalow offers an efficient...	2 beds \| 1 baths \| 720 sq.ft.	$148,500	Airbnb cash on cash: 1.73% Traditional cash on cash: 7.2% Airbnb Rental Income: $1098 Traditional Rental Income: $1504 Airbnb ROI: 1.73% Traditional ROI: 7.2%
1522 17th Street Des Moines, IA Fresh, Fun and Full of Charm! Welcome to 1522 17th St in Des Moines where classic characte...	4 beds \| 2 baths \| 1,502 sq.ft.	$219,900	Airbnb cash on cash: 4.84% Traditional cash on cash: 8.6% Airbnb Rental Income: $2054 Traditional Rental Income: $2307 Airbnb ROI: 4.84% Traditional ROI: 8.6%
3100 E Ovid Avenue Des Moines, IA Affordable 2-bedroom ranch with a 2-car detached garage! This inviting home offers conveni...	2 beds \| 1 baths \| 684 sq.ft.	$153,900	Airbnb cash on cash: 2.32% Traditional cash on cash: 7.27% Airbnb Rental Income: $1098 Traditional Rental Income: $1455 Airbnb ROI: 2.32% Traditional ROI: 7.27%
1517 E 9th Street Des Moines, IA Charming, updated, and full of natural light! This adorable 3-bedroom, 1-bath home feature...	3 beds \| 1 baths \| 1,176 sq.ft.	$205,000	Airbnb cash on cash: 2.16% Traditional cash on cash: 5.49% Airbnb Rental Income: $1482 Traditional Rental Income: $1694 Airbnb ROI: 2.16% Traditional ROI: 5.49%
3100 Grand Avenue #5H Des Moines, IA Seller-Paid rate buydown available, featuring a 2-1 Seller Buydown. Pay 2% Below Current R...	1 beds \| 1 baths \| 798 sq.ft.	$124,000	Airbnb cash on cash: -3.97% Traditional cash on cash: 4.85% Airbnb Rental Income: $708 Traditional Rental Income: $1455 Airbnb ROI: -3.97% Traditional ROI: 4.85%
1900 50th Street #10 Des Moines, IA Pride of ownership shines through this 3 bed, 2 bath condo in Beaverdale! Over the last fe...	3 beds \| 2 baths \| 1,072 sq.ft.	$130,000	Airbnb cash on cash: 2.49% Traditional cash on cash: 7.53% Airbnb Rental Income: $1482 Traditional Rental Income: $1676 Airbnb ROI: 2.49% Traditional ROI: 7.53%

Real Estate investment in Des-moines, IA

There are 890 properties for sale in the city of Des Moines . The median list price in Des Moines is $227,142 and the average price per square foot is $171. In November 2026, the average monthly cash on cash return in Des Moines is 6.00%. The average monthly rental income in Des Moines is $1,883.

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

There are 890 investment properties available for sale in Des-moines.

In 2026, 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 $1,883.

Your search for investment property begins and ends here

Investment Property for Sale in Des Moines, IA

2717 57th Street

Des Moines, IA

3 beds | 2 baths | 1,008 sq.ft.

$200,000

Airbnb cash on cash: 1.95%

Traditional cash on cash: 6.46%

Airbnb Rental Income: $1482

Traditional Rental Income: $1901

Airbnb ROI: 1.95%

Traditional ROI: 6.46%

1502 Guthrie Avenue

Des Moines, IA

2 beds | 1 baths | 1,096 sq.ft.

$169,900

Airbnb cash on cash: 1.38%

Traditional cash on cash: 7.47%

Airbnb Rental Income: $1098

Traditional Rental Income: $1712

Airbnb ROI: 1.38%

Traditional ROI: 7.47%

4217 Leyden Avenue

Des Moines, IA

4 beds | 2 baths | 930 sq.ft.

$268,000

Airbnb cash on cash: 3.11%

Traditional cash on cash: 4.59%

Airbnb Rental Income: $2054

Traditional Rental Income: $1897

Airbnb ROI: 3.11%

Traditional ROI: 4.59%

5950 SE 19th Street

Des Moines, IA

2 beds | 1 baths | 1,076 sq.ft.

$224,900

Airbnb cash on cash: 0.42%

Traditional cash on cash: 5.31%

Airbnb Rental Income: $1098

Traditional Rental Income: $1768

Airbnb ROI: 0.42%

Traditional ROI: 5.31%

2 E Hillside Avenue

Des Moines, IA

3 beds | 2 baths | 960 sq.ft.

$184,000

Airbnb cash on cash: 2.6%

Traditional cash on cash: 5.95%

Airbnb Rental Income: $1482

Traditional Rental Income: $1633

Airbnb ROI: 2.6%

Traditional ROI: 5.95%

4571 E 38th Street

Des Moines, IA

4 beds | 2 baths | 1,160 sq.ft.

$230,000

Airbnb cash on cash: 4.2%

Traditional cash on cash: 6.92%

Airbnb Rental Income: $2054

Traditional Rental Income: $2114

Airbnb ROI: 4.2%

Traditional ROI: 6.92%

4225 SE 23rd Street

Des Moines, IA

3 beds | 4 baths | 1,719 sq.ft.

$309,000

Airbnb cash on cash: 0.47%

Traditional cash on cash: 5.43%

Airbnb Rental Income: $1482

Traditional Rental Income: $2489

Airbnb ROI: 0.47%

Traditional ROI: 5.43%

1112 Lewis Avenue

Des Moines, IA

2 beds | 1 baths | 864 sq.ft.

$188,700

Airbnb cash on cash: 0.63%

Traditional cash on cash: 5.03%

Airbnb Rental Income: $1098

Traditional Rental Income: $1515

Airbnb ROI: 0.63%