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! Step inside to fresh paint and flooring throughout this 3 bedroom, 2...	3 beds \| 2 baths \| 1,178 sq.ft.	$184,900	Airbnb cash on cash: 1.78% Traditional cash on cash: 8.04% Airbnb Rental Income: $1250 Traditional Rental Income: $1953 Airbnb ROI: 1.78% Traditional ROI: 8.04%
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%
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.	$275,000	Airbnb cash on cash: 1.39% Traditional cash on cash: 3.86% Airbnb Rental Income: $1644 Traditional Rental Income: $1823 Airbnb ROI: 1.39% Traditional ROI: 3.86%
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.	$149,500	Airbnb cash on cash: 2.6% Traditional cash on cash: 7.91% Airbnb Rental Income: $1250 Traditional Rental Income: $1613 Airbnb ROI: 2.6% Traditional ROI: 7.91%
2600 E Leach Avenue Des Moines, IA Beautifully updated 4-bedroom, 2.5-bath home on a desirable corner lot just a 5-minute wal...	4 beds \| 3 baths \| 1,909 sq.ft.	$345,000	Airbnb cash on cash: 0.53% Traditional cash on cash: 5.13% Airbnb Rental Income: $1644 Traditional Rental Income: $2670 Airbnb ROI: 0.53% Traditional ROI: 5.13%
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%
2501 44th Street Des Moines, IA	3 beds \| 2 baths \| 1,121 sq.ft.	$239,900	Airbnb cash on cash: 0.54% Traditional cash on cash: 5.33% Airbnb Rental Income: $1250 Traditional Rental Income: $1939 Airbnb ROI: 0.54% Traditional ROI: 5.33%
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.	$184,000	Airbnb cash on cash: 0.4% Traditional cash on cash: 5.46% Airbnb Rental Income: $992 Traditional Rental Income: $1523 Airbnb ROI: 0.4% Traditional ROI: 5.46%
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.	$219,000	Airbnb cash on cash: 0.95% Traditional cash on cash: 4.85% Airbnb Rental Income: $1250 Traditional Rental Income: $1660 Airbnb ROI: 0.95% Traditional ROI: 4.85%
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.	$211,000	Airbnb cash on cash: 0.85% Traditional cash on cash: 6.1% Airbnb Rental Income: $1250 Traditional Rental Income: $1902 Airbnb ROI: 0.85% Traditional ROI: 6.1%
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.	$274,900	Airbnb cash on cash: 1.66% Traditional cash on cash: 5.86% Airbnb Rental Income: $1644 Traditional Rental Income: $2272 Airbnb ROI: 1.66% Traditional ROI: 5.86%
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.	$195,000	Airbnb cash on cash: 1.52% Traditional cash on cash: 5.92% Airbnb Rental Income: $1250 Traditional Rental Income: $1668 Airbnb ROI: 1.52% Traditional ROI: 5.92%
2723 Linden Street Des Moines, IA Step into the charm of this beautifully restored historic home near the Avenues District. ...	3 beds \| 2 baths \| 1,308 sq.ft.	$225,000	Airbnb cash on cash: 0.77% Traditional cash on cash: 6.02% Airbnb Rental Income: $1250 Traditional Rental Income: $1971 Airbnb ROI: 0.77% Traditional ROI: 6.02%
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.	$179,000	Airbnb cash on cash: 0.61% Traditional cash on cash: 8.1% Airbnb Rental Income: $992 Traditional Rental Income: $1914 Airbnb ROI: 0.61% Traditional ROI: 8.1%
4650 NW Lovington Drive Des Moines, IA In-town acreage with massive potential, located in the desirable Johnston School District....	3 beds \| 1 baths \| 980 sq.ft.	$315,000	Airbnb cash on cash: 0.31% Traditional cash on cash: 2.94% Airbnb Rental Income: $1250 Traditional Rental Income: $1630 Airbnb ROI: 0.31% Traditional ROI: 2.94%
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%
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%
3221 E 12th Street Des Moines, IA Welcome home to this cozy 2-bedroom bungalow that's been thoughtfully updated and is ready...	2 beds \| 1 baths \| 811 sq.ft.	$199,900	Airbnb cash on cash: 0.36% Traditional cash on cash: 2.95% Airbnb Rental Income: $992 Traditional Rental Income: $1130 Airbnb ROI: 0.36% Traditional ROI: 2.95%
309 E Park Avenue Des Moines, IA This Southside 3-bedroom home sits on a large lot with an oversized driveway and a mechani...	3 beds \| 2 baths \| 912 sq.ft.	$210,000	Airbnb cash on cash: 1.26% Traditional cash on cash: 4.82% Airbnb Rental Income: $1250 Traditional Rental Income: $1561 Airbnb ROI: 1.26% Traditional ROI: 4.82%
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 will feature a BRAND-NEW roof and gutters being installed and offers outsta...	4 beds \| 3 baths \| 2,209 sq.ft.	$205,000	Airbnb cash on cash: 2.27% Traditional cash on cash: 10.01% Airbnb Rental Income: $1644 Traditional Rental Income: $2687 Airbnb ROI: 2.27% Traditional ROI: 10.01%
5816 SE 22nd Court Des Moines, IA Welcome Home to Zero-Entry living and say goodbye to mowing and shoveling! This beautifull...	2 beds \| 2 baths \| 1,446 sq.ft.	$243,500	Airbnb cash on cash: -0.5% Traditional cash on cash: 6.63% Airbnb Rental Income: $992 Traditional Rental Income: $2278 Airbnb ROI: -0.5% Traditional ROI: 6.63%
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.	$375,000	Airbnb cash on cash: -0.42% Traditional cash on cash: 4.39% Airbnb Rental Income: $1250 Traditional Rental Income: $2544 Airbnb ROI: -0.42% Traditional ROI: 4.39%
2505 53rd st Des Moines, IA	3 beds \| 2 baths \| N/A	$190,000	Airbnb cash on cash: 0.32% Traditional cash on cash: 3.73% Airbnb Rental Income: $1250 Traditional Rental Income: $1469 Airbnb ROI: 0.32% Traditional ROI: 3.73%
5205 SE 27th Street Des Moines, IA What a Location! Stylish walkout ranch, home features open floor plan, inviting family roo...	4 beds \| 3 baths \| 1,472 sq.ft.	$405,000	Airbnb cash on cash: 0.19% Traditional cash on cash: 3.91% Airbnb Rental Income: $1644 Traditional Rental Income: $2592 Airbnb ROI: 0.19% Traditional ROI: 3.91%
7105 SE 27th Street Des Moines, IA This conveniently located, updated, 4 bedroom/3 bathroom home is ready for the new owner t...	4 beds \| 3 baths \| 1,372 sq.ft.	$289,900	Airbnb cash on cash: 1.39% Traditional cash on cash: 5.58% Airbnb Rental Income: $1644 Traditional Rental Income: $2327 Airbnb ROI: 1.39% Traditional ROI: 5.58%
2404 E 37th Court Des Moines, IA Charming 3-Bedroom Home Backing to Green Space - Move-In Ready & Full of Upgrades!Looking ...	3 beds \| 1 baths \| 840 sq.ft.	$189,900	Airbnb cash on cash: 1.66% Traditional cash on cash: 3.35% Airbnb Rental Income: $1250 Traditional Rental Income: $1159 Airbnb ROI: 1.66% Traditional ROI: 3.35%
3315 E 25th Street Des Moines, IA Location, Location, Locationl This one is conveniently located minutes from interstate acc...	3 beds \| 2 baths \| 1,120 sq.ft.	$224,900	Airbnb cash on cash: 0.8% Traditional cash on cash: 6.3% Airbnb Rental Income: $1250 Traditional Rental Income: $2024 Airbnb ROI: 0.8% Traditional ROI: 6.3%
1303 22nd Street Des Moines, IA Beautifully updated turn-of-the-century home offering exceptional flexibility and characte...	4 beds \| 2 baths \| 1,453 sq.ft.	$165,000	Airbnb cash on cash: 4.89% Traditional cash on cash: 8.73% Airbnb Rental Income: $1644 Traditional Rental Income: $1786 Airbnb ROI: 4.89% Traditional ROI: 8.73%
3826 53rd Street Des Moines, IA This sweet home is a 3 bdr/2 bath ranch. Featuring a large LR & nice sized bdrs. Newer sid...	3 beds \| 2 baths \| 994 sq.ft.	$224,000	Airbnb cash on cash: 1.02% Traditional cash on cash: 6.15% Airbnb Rental Income: $1250 Traditional Rental Income: $1940 Airbnb ROI: 1.02% Traditional ROI: 6.15%

Real Estate investment in Des-moines, IA

There are 726 properties for sale in the city of Des Moines . The median list price in Des Moines is $229,000 and the average price per square foot is $171. In February 2026, the average monthly cash on cash return in Des Moines is 6.00%. The average monthly rental income in Des Moines is $1,881.

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

There are 726 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 $1,881.

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.

$184,900

Airbnb cash on cash: 1.78%

Traditional cash on cash: 8.04%

Airbnb Rental Income: $1250

Traditional Rental Income: $1953

Airbnb ROI: 1.78%

Traditional ROI: 8.04%

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%

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.

$275,000

Airbnb cash on cash: 1.39%

Traditional cash on cash: 3.86%

Airbnb Rental Income: $1644

Traditional Rental Income: $1823

Airbnb ROI: 1.39%

Traditional ROI: 3.86%

2311 Des Moines Street

Des Moines, IA

3 beds | 1 baths | 978 sq.ft.

$149,500

Airbnb cash on cash: 2.6%

Traditional cash on cash: 7.91%

Airbnb Rental Income: $1250

Traditional Rental Income: $1613

Airbnb ROI: 2.6%

Traditional ROI: 7.91%

2600 E Leach Avenue

Des Moines, IA

4 beds | 3 baths | 1,909 sq.ft.

$345,000

Airbnb cash on cash: 0.53%

Traditional cash on cash: 5.13%

Airbnb Rental Income: $1644

Traditional Rental Income: $2670

Airbnb ROI: 0.53%

Traditional ROI: 5.13%

4125 SE 22nd Street

Des Moines, IA

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

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%