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
2318 56th Street Des Moines, IA Welcome home! This clean and updated 3-bedroom, 1-bath home sits in a great spot near Merl...	3 beds \| 1 baths \| 1,065 sq.ft.	$209,999	Airbnb cash on cash: 1.9% Traditional cash on cash: 2.71% Airbnb Rental Income: $1411 Traditional Rental Income: $1148 Airbnb ROI: 1.9% Traditional ROI: 2.71%
1504 Porter Avenue Des Moines, IA Move-in ready 2BR, 1BA home with a versatile flex room ideal for a home office, playroom, ...	2 beds \| 1 baths \| 864 sq.ft.	$159,000	Airbnb cash on cash: 0.78% Traditional cash on cash: 6.56% Airbnb Rental Income: $974 Traditional Rental Income: $1501 Airbnb ROI: 0.78% Traditional ROI: 6.56%
3832 13th Street Des Moines, IA Move in now, add equity later. This highly livable 3 bedroom 2 bathroom home has fresh pai...	3 beds \| 2 baths \| 1,178 sq.ft.	$160,000	Airbnb cash on cash: 3.08% Traditional cash on cash: 9.4% Airbnb Rental Income: $1411 Traditional Rental Income: $1953 Airbnb ROI: 3.08% Traditional ROI: 9.4%
3100 Garden Avenue Des Moines, IA Move-in ready ranch in a prime NW Des Moines location! Situated on a quiet street with con...	2 beds \| 1 baths \| 672 sq.ft.	$172,500	Airbnb cash on cash: 0.74% Traditional cash on cash: 5.61% Airbnb Rental Income: $974 Traditional Rental Income: $1423 Airbnb ROI: 0.74% Traditional ROI: 5.61%
2712 Richmond Avenue Des Moines, IA Welcome home to this charming 3-bedroom, 1.5-bath ranch offering comfortable one-level liv...	3 beds \| 2 baths \| 1,120 sq.ft.	$254,900	Airbnb cash on cash: 1.7% Traditional cash on cash: 4.54% Airbnb Rental Income: $1411 Traditional Rental Income: $1671 Airbnb ROI: 1.7% Traditional ROI: 4.54%
5107 SW 16th Place Des Moines, IA Don't miss this spacious Southside split-level home offering 4 bedrooms, 2 bathrooms, and ...	4 beds \| 2 baths \| 1,152 sq.ft.	$275,000	Airbnb cash on cash: 2.19% Traditional cash on cash: 4.07% Airbnb Rental Income: $1933 Traditional Rental Income: $1908 Airbnb ROI: 2.19% Traditional ROI: 4.07%
501 Trowbridge Street Des Moines, IA Beautiful 4-bedroom, 2-bath split foyer home located on the south side with nearly 1,600 s...	4 beds \| 2 baths \| 974 sq.ft.	$245,000	Airbnb cash on cash: 2.83% Traditional cash on cash: 4.28% Airbnb Rental Income: $1933 Traditional Rental Income: $1759 Airbnb ROI: 2.83% Traditional ROI: 4.28%
4145 1st Street Des Moines, IA Welcome to this beautifully updated 2-bedroom, 1-bathroom home offering 832 square feet of...	2 beds \| 1 baths \| 832 sq.ft.	$179,900	Airbnb cash on cash: 0.39% Traditional cash on cash: 6.32% Airbnb Rental Income: $974 Traditional Rental Income: $1638 Airbnb ROI: 0.39% Traditional ROI: 6.32%
3835 E 8th Street Des Moines, IA Nicely updated 2-bedroom ranch home with an oversized 2-car detached garage. The home is l...	2 beds \| 1 baths \| 882 sq.ft.	$146,000	Airbnb cash on cash: 1.2% Traditional cash on cash: 7.37% Airbnb Rental Income: $974 Traditional Rental Income: $1485 Airbnb ROI: 1.2% Traditional ROI: 7.37%
2117 44th Street Des Moines, IA Located in the heart of Beaverdale, this charming 1.5-story home offers the neighborhood e...	3 beds \| 3 baths \| 1,119 sq.ft.	$275,000	Airbnb cash on cash: 0.77% Traditional cash on cash: 5.07% Airbnb Rental Income: $1411 Traditional Rental Income: $2101 Airbnb ROI: 0.77% Traditional ROI: 5.07%
5950 SE 19th Street Des Moines, IA Great brick ranch setting on nearly 1/2 acre. 3 bedrooms, 1 bath, and a 1 1/2 car garage. ...	3 beds \| 1 baths \| 1,076 sq.ft.	$224,900	Airbnb cash on cash: 1.64% Traditional cash on cash: 5.31% Airbnb Rental Income: $1411 Traditional Rental Income: $1768 Airbnb ROI: 1.64% Traditional ROI: 5.31%
2429 E Tiffin Avenue Des Moines, IA Don't miss your chance to own this move-in ready home in the desirable Fairmont Park neigh...	3 beds \| 2 baths \| 1,005 sq.ft.	$204,999	Airbnb cash on cash: 1.86% Traditional cash on cash: 6.83% Airbnb Rental Income: $1411 Traditional Rental Income: $1952 Airbnb ROI: 1.86% Traditional ROI: 6.83%
3514 SW 12th Street Des Moines, IA Welcome to this beautiful 1.5-story home blending 1920s charm with modern updates, offerin...	3 beds \| 5 baths \| 1,467 sq.ft.	$275,000	Airbnb cash on cash: 1.01% Traditional cash on cash: 7.2% Airbnb Rental Income: $1411 Traditional Rental Income: $2591 Airbnb ROI: 1.01% Traditional ROI: 7.2%
3 E Bell Avenue Des Moines, IA Welcome home to this charming, updated ranch on Des Moines south side! From the moment you...	3 beds \| 2 baths \| 1,000 sq.ft.	$240,000	Airbnb cash on cash: 1.44% Traditional cash on cash: 4.82% Airbnb Rental Income: $1411 Traditional Rental Income: $1754 Airbnb ROI: 1.44% Traditional ROI: 4.82%
5408 SE 24th Street Des Moines, IA This 5 bed, 4 bath home is a perfect blend of comfort and convenience nestled in a peacefu...	5 beds \| 4 baths \| 1,809 sq.ft.	$374,900	Airbnb cash on cash: 2.47% Traditional cash on cash: 5.54% Airbnb Rental Income: $2601 Traditional Rental Income: $3059 Airbnb ROI: 2.47% Traditional ROI: 5.54%
688 Bridal Row Des Moines, IA INVESTOR OPPPORTUNITY! Located just north of Hoyt Sherman Place and on the fringe of downt...	3 beds \| 2 baths \| 1,790 sq.ft.	$329,900	Airbnb cash on cash: 0.04% Traditional cash on cash: 4.24% Airbnb Rental Income: $1411 Traditional Rental Income: $2290 Airbnb ROI: 0.04% Traditional ROI: 4.24%
2124 Drake Park Avenue Des Moines, IA Stop by and check out this updated 2 bedroom and 2 bath historic home with beautiful woodw...	2 beds \| 2 baths \| 1,394 sq.ft.	$239,900	Airbnb cash on cash: -0.39% Traditional cash on cash: 5.12% Airbnb Rental Income: $974 Traditional Rental Income: $1873 Airbnb ROI: -0.39% Traditional ROI: 5.12%
3203 Cambridge Street Des Moines, IA Cute, updated, and move-in ready, located in the heart of Highland Park! This charming 2-b...	2 beds \| 2 baths \| 1,014 sq.ft.	$155,000	Airbnb cash on cash: 0.82% Traditional cash on cash: 8.49% Airbnb Rental Income: $974 Traditional Rental Income: $1760 Airbnb ROI: 0.82% Traditional ROI: 8.49%
2210 S Union Street Des Moines, IA Spacious home featuring a large eat-in kitchen, expansive living room, and a convenient ma...	4 beds \| 1 baths \| 1,513 sq.ft.	$159,900	Airbnb cash on cash: 5.5% Traditional cash on cash: 7.11% Airbnb Rental Income: $1933 Traditional Rental Income: $1668 Airbnb ROI: 5.5% Traditional ROI: 7.11%
211 E Granger Avenue Des Moines, IA 24 hour sale	3 beds \| 1 baths \| 1,233 sq.ft.	$194,900	Airbnb cash on cash: 2.27% Traditional cash on cash: 5.49% Airbnb Rental Income: $1411 Traditional Rental Income: $1582 Airbnb ROI: 2.27% Traditional ROI: 5.49%
215 McKinley Avenue Des Moines, IA Welcome to this ranch home featuring high ceilings in the living room and kitchen, creatin...	2 beds \| 1 baths \| 576 sq.ft.	$139,900	Airbnb cash on cash: 1.43% Traditional cash on cash: 6.86% Airbnb Rental Income: $974 Traditional Rental Income: $1352 Airbnb ROI: 1.43% Traditional ROI: 6.86%
701 45th Place Des Moines, IA Character lovers, this one's for you. Perfectly nestled north of Ingersoll and off Harwood...	3 beds \| 2 baths \| 1,862 sq.ft.	$365,000	Airbnb cash on cash: -0.23% Traditional cash on cash: 3.98% Airbnb Rental Income: $1411 Traditional Rental Income: $2430 Airbnb ROI: -0.23% Traditional ROI: 3.98%
202 Hillside Avenue Des Moines, IA Looking for a beautiful home on over half an acre just minutes from downtown Des Moines? T...	3 beds \| 1 baths \| 1,085 sq.ft.	$204,500	Airbnb cash on cash: 1.71% Traditional cash on cash: 4.59% Airbnb Rental Income: $1411 Traditional Rental Income: $1545 Airbnb ROI: 1.71% Traditional ROI: 4.59%
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.	$232,000	Airbnb cash on cash: -0.15% Traditional cash on cash: 4.32% Airbnb Rental Income: $974 Traditional Rental Income: $1603 Airbnb ROI: -0.15% Traditional ROI: 4.32%
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: 1.28% Traditional cash on cash: 3.88% Airbnb Rental Income: $1411 Traditional Rental Income: $1539 Airbnb ROI: 1.28% 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.	$305,000	Airbnb cash on cash: 0.26% Traditional cash on cash: 5.6% Airbnb Rental Income: $1411 Traditional Rental Income: $2521 Airbnb ROI: 0.26% Traditional ROI: 5.6%
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.	$149,000	Airbnb cash on cash: -2.45% Traditional cash on cash: 6.75% Airbnb Rental Income: $532 Traditional Rental Income: $1567 Airbnb ROI: -2.45% Traditional ROI: 6.75%
4015 53rd Street Des Moines, IA Charming 3-bedroom, 3-bathroom home on a spacious 12,600 sq ft lot in Des Moines! This 1,2...	3 beds \| 3 baths \| 1,225 sq.ft.	$235,000	Airbnb cash on cash: 1.04% Traditional cash on cash: 7.07% Airbnb Rental Income: $1411 Traditional Rental Income: $2328 Airbnb ROI: 1.04% Traditional ROI: 7.07%
919 Randolph Street Des Moines, IA Welcome to this beautiful 5-bedroom, 2.5-bathroom home that offers over 2000 Sq. feet! Thi...	5 beds \| 2 baths \| 1,613 sq.ft.	$265,000	Airbnb cash on cash: 4.84% Traditional cash on cash: 5.65% Airbnb Rental Income: $2601 Traditional Rental Income: $2181 Airbnb ROI: 4.84% Traditional ROI: 5.65%
1502 29th Street Des Moines, IA Step inside this charming 1.5 story home. Right away, you're in a prime location just step...	2 beds \| 2 baths \| 1,320 sq.ft.	$183,000	Airbnb cash on cash: 0.28% Traditional cash on cash: 7.51% Airbnb Rental Income: $974 Traditional Rental Income: $1882 Airbnb ROI: 0.28% Traditional ROI: 7.51%
1011 24th Street Des Moines, IA Historic Charm Meets Modern Reliability just south of Drake at the corner of 24th St & Cot...	4 beds \| 3 baths \| 1,452 sq.ft.	$275,000	Airbnb cash on cash: 3.99% Traditional cash on cash: 7.5% Airbnb Rental Income: $1933 Traditional Rental Income: $2332 Airbnb ROI: 3.99% Traditional ROI: 7.5%
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.	$272,900	Airbnb cash on cash: 0.63% Traditional cash on cash: 5.05% Airbnb Rental Income: $1411 Traditional Rental Income: $2126 Airbnb ROI: 0.63% Traditional ROI: 5.05%
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.	$162,000	Airbnb cash on cash: -3.32% Traditional cash on cash: 4.52% Airbnb Rental Income: $608 Traditional Rental Income: $1531 Airbnb ROI: -3.32% Traditional ROI: 4.52%
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.	$165,000	Airbnb cash on cash: 2.26% Traditional cash on cash: 8.25% Airbnb Rental Income: $1411 Traditional Rental Income: $1929 Airbnb ROI: 2.26% Traditional ROI: 8.25%
830 Euclid Avenue Des Moines, IA Step inside 830 Euclid Avenue and you'll feel it right away: original woodwork beautifully...	3 beds \| 2 baths \| 1,409 sq.ft.	$234,900	Airbnb cash on cash: 2.45% Traditional cash on cash: 8.07% Airbnb Rental Income: $1411 Traditional Rental Income: $2236 Airbnb ROI: 2.45% Traditional ROI: 8.07%
614 Virginia Avenue Des Moines, IA This charming 2-bedroom, 1.5-bath home not only has the major items (roof, furnace/AC) upd...	2 beds \| 2 baths \| 1,269 sq.ft.	$199,900	Airbnb cash on cash: 0.01% Traditional cash on cash: 6.25% Airbnb Rental Income: $974 Traditional Rental Income: $1807 Airbnb ROI: 0.01% Traditional ROI: 6.25%
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.	$145,000	Airbnb cash on cash: -1.04% Traditional cash on cash: 5.41% Airbnb Rental Income: $974 Traditional Rental Income: $1518 Airbnb ROI: -1.04% Traditional ROI: 5.41%
285 NW Aurora Avenue Des Moines, IA Step into the charm of this classic 2-story home, where timeless character meets everyday ...	3 beds \| 1 baths \| 1,282 sq.ft.	$210,000	Airbnb cash on cash: 2.18% Traditional cash on cash: 6.7% Airbnb Rental Income: $1411 Traditional Rental Income: $1888 Airbnb ROI: 2.18% Traditional ROI: 6.7%
655 NW 43rd Avenue Des Moines, IA Unique Residential + Commercial Opportunity! This 2-bedroom, 1-bath home offers the perfec...	2 beds \| 1 baths \| 1,058 sq.ft.	$250,000	Airbnb cash on cash: 0.44% Traditional cash on cash: 5.02% Airbnb Rental Income: $974 Traditional Rental Income: $1704 Airbnb ROI: 0.44% Traditional ROI: 5.02%
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: 0.62% Traditional cash on cash: 6.48% Airbnb Rental Income: $974 Traditional Rental Income: $1546 Airbnb ROI: 0.62% Traditional ROI: 6.48%

Real Estate investment in Des-moines, IA

There are 887 properties for sale in the city of Des Moines . The median list price in Des Moines is $216,870 and the average price per square foot is $159. In August 2026, the average monthly cash on cash return in Des Moines is 5.00%. The average monthly rental income in Des Moines is $1,929.

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

There are 887 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 $1,929.

Your search for investment property begins and ends here

Investment Property for Sale in Des Moines, IA

2318 56th Street

Des Moines, IA

3 beds | 1 baths | 1,065 sq.ft.

$209,999

Airbnb cash on cash: 1.9%

Traditional cash on cash: 2.71%

Airbnb Rental Income: $1411

Traditional Rental Income: $1148

Airbnb ROI: 1.9%

Traditional ROI: 2.71%

1504 Porter Avenue

Des Moines, IA

2 beds | 1 baths | 864 sq.ft.

$159,000

Airbnb cash on cash: 0.78%

Traditional cash on cash: 6.56%

Airbnb Rental Income: $974

Traditional Rental Income: $1501

Airbnb ROI: 0.78%

Traditional ROI: 6.56%

3832 13th Street

Des Moines, IA

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

$160,000

Airbnb cash on cash: 3.08%

Traditional cash on cash: 9.4%

Airbnb Rental Income: $1411

Traditional Rental Income: $1953

Airbnb ROI: 3.08%

Traditional ROI: 9.4%

3100 Garden Avenue

Des Moines, IA

2 beds | 1 baths | 672 sq.ft.

$172,500

Airbnb cash on cash: 0.74%

Traditional cash on cash: 5.61%

Airbnb Rental Income: $974

Traditional Rental Income: $1423

Airbnb ROI: 0.74%

Traditional ROI: 5.61%

2712 Richmond Avenue

Des Moines, IA

3 beds | 2 baths | 1,120 sq.ft.

$254,900

Airbnb cash on cash: 1.7%

Traditional cash on cash: 4.54%

Airbnb Rental Income: $1411

Traditional Rental Income: $1671

Airbnb ROI: 1.7%

Traditional ROI: 4.54%

5107 SW 16th Place

Des Moines, IA

4 beds | 2 baths | 1,152 sq.ft.

$275,000

Airbnb cash on cash: 2.19%

Traditional cash on cash: 4.07%

Airbnb Rental Income: $1933

Traditional Rental Income: $1908

Airbnb ROI: 2.19%

Traditional ROI: 4.07%

501 Trowbridge Street

Des Moines, IA

4 beds | 2 baths | 974 sq.ft.

$245,000

Airbnb cash on cash: 2.83%

Traditional cash on cash: 4.28%

Airbnb Rental Income: $1933

Traditional Rental Income: $1759

Airbnb ROI: 2.83%

Traditional ROI: 4.28%

4145 1st Street

Des Moines, IA

2 beds | 1 baths | 832 sq.ft.

$179,900

Airbnb cash on cash: 0.39%

Traditional cash on cash: 6.32%

Airbnb Rental Income: $974

Traditional Rental Income: $1638

Airbnb ROI: 0.39%