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

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
2318 56th Street Des Moines, IA Welcome to your new home! This charming ranch style house offers the perfect combination o...	3 beds \| 1 baths \| 1,065 sq.ft.	$215,000	Airbnb cash on cash: 1.74% Traditional cash on cash: 2.62% Airbnb Rental Income: $1389 Traditional Rental Income: $1148 Airbnb ROI: 1.74% Traditional ROI: 2.62%
433 E Marion Street Des Moines, IA This ranch home nestled on a tree lined street in the heart of Des Moines' south side. Not...	3 beds \| 2 baths \| 900 sq.ft.	$180,000	Airbnb cash on cash: 2.38% Traditional cash on cash: 6.19% Airbnb Rental Income: $1389 Traditional Rental Income: $1620 Airbnb ROI: 2.38% Traditional ROI: 6.19%
951 24th Street Des Moines, IA Welcome to 951 24th St, Des Moines - a beautifully maintained 4-bedroom, 2 bath home in th...	4 beds \| 2 baths \| 1,486 sq.ft.	$259,900	Airbnb cash on cash: 2.61% Traditional cash on cash: 6.47% Airbnb Rental Income: $1851 Traditional Rental Income: $2299 Airbnb ROI: 2.61% Traditional ROI: 6.47%
3605 Village Run Drive Des Moines, IA Tucked into the popular Brook Run neighborhood, this home puts you right between everythin...	3 beds \| 3 baths \| 1,320 sq.ft.	$285,000	Airbnb cash on cash: 0.49% Traditional cash on cash: 4.74% Airbnb Rental Income: $1389 Traditional Rental Income: $2110 Airbnb ROI: 0.49% Traditional ROI: 4.74%
2517 Sampson Street Des Moines, IA Love the character of an established neighborhood but want the ease of move-in ready updat...	4 beds \| 2 baths \| 1,298 sq.ft.	$214,990	Airbnb cash on cash: 3.54% Traditional cash on cash: 8.29% Airbnb Rental Income: $1851 Traditional Rental Income: $2321 Airbnb ROI: 3.54% Traditional ROI: 8.29%
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.	$180,000	Airbnb cash on cash: 1.5% Traditional cash on cash: 6.53% Airbnb Rental Income: $1159 Traditional Rental Income: $1638 Airbnb ROI: 1.5% Traditional ROI: 6.53%
3122 1st Street Des Moines, IA Welcome to this 2-bedroom, 1-bath bungalow nestled in the heart of Des Moines! Located at ...	2 beds \| 1 baths \| 1,088 sq.ft.	$137,000	Airbnb cash on cash: 2.4% Traditional cash on cash: 8.79% Airbnb Rental Income: $1159 Traditional Rental Income: $1617 Airbnb ROI: 2.4% Traditional ROI: 8.79%
4518 Kingman Boulevard Des Moines, IA Charming Craftsman Bungalow on the beautiful tree-lined Kingman Boulevard! Step into the i...	2 beds \| 1 baths \| 1,089 sq.ft.	$239,900	Airbnb cash on cash: 0.64% Traditional cash on cash: 2.09% Airbnb Rental Income: $1159 Traditional Rental Income: $1106 Airbnb ROI: 0.64% Traditional ROI: 2.09%
5612 SW 2nd Street Des Moines, IA This well-maintained 2-bedroom, 1-bath home is full of thoughtful updates and big-ticket i...	2 beds \| 1 baths \| 752 sq.ft.	$165,000	Airbnb cash on cash: 1.7% Traditional cash on cash: 6.35% Airbnb Rental Income: $1159 Traditional Rental Income: $1508 Airbnb ROI: 1.7% Traditional ROI: 6.35%
3514 SW 12th Street Des Moines, IA Charming Tudor with Modern Updates & an Entertainers Backyard! Welcome to 3514 SW 12th St,...	3 beds \| 4 baths \| 1,467 sq.ft.	$279,900	Airbnb cash on cash: 0.9% Traditional cash on cash: 7.05% Airbnb Rental Income: $1389 Traditional Rental Income: $2591 Airbnb ROI: 0.9% Traditional ROI: 7.05%
3010 Madison Avenue Des Moines, IA Great potential at a great price! Nestled in a quiet, well-established neighborhood, this ...	3 beds \| 2 baths \| 1,324 sq.ft.	$214,900	Airbnb cash on cash: 1.37% Traditional cash on cash: 6.97% Airbnb Rental Income: $1389 Traditional Rental Income: $2109 Airbnb ROI: 1.37% Traditional ROI: 6.97%
4571 E 38th Street Des Moines, IA Welcome to your dream retreat! Nestled on a picturesque, park-like half-acre lot, this bea...	4 beds \| 2 baths \| 1,160 sq.ft.	$225,000	Airbnb cash on cash: 3.52% Traditional cash on cash: 7.09% Airbnb Rental Income: $1851 Traditional Rental Income: $2114 Airbnb ROI: 3.52% Traditional ROI: 7.09%
6305 SW 10th Street Des Moines, IA Check out this spacious bungalow! This home features 4 bedrooms, 1 bathroom, a mudroom alo...	4 beds \| 1 baths \| 1,484 sq.ft.	$194,000	Airbnb cash on cash: 4.37% Traditional cash on cash: 3.76% Airbnb Rental Income: $1851 Traditional Rental Income: $1241 Airbnb ROI: 4.37% Traditional ROI: 3.76%
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: 1.73% Traditional cash on cash: 4.52% Airbnb Rental Income: $1389 Traditional Rental Income: $1558 Airbnb ROI: 1.73% Traditional ROI: 4.52%
610 Hickory Hill Lane Des Moines, IA Welcome to this beautiful and fully updated 1,289 sq ft split foyer home, nestled in a qui...	4 beds \| 2 baths \| 929 sq.ft.	$255,000	Airbnb cash on cash: 2.71% Traditional cash on cash: 4.69% Airbnb Rental Income: $1851 Traditional Rental Income: $1829 Airbnb ROI: 2.71% Traditional ROI: 4.69%
5420 SW 13th Street Des Moines, IA Look at this beauty. 4 level split on a cul-de-sac with a open floor plan, vaulted ceiling...	3 beds \| 2 baths \| 1,082 sq.ft.	$245,000	Airbnb cash on cash: 0.99% Traditional cash on cash: 4.2% Airbnb Rental Income: $1389 Traditional Rental Income: $1712 Airbnb ROI: 0.99% Traditional ROI: 4.2%
1215 Payton Avenue Des Moines, IA This beautiful southside ranch with a walkout basement sits in a quiet neighborhood near t...	4 beds \| 3 baths \| 1,182 sq.ft.	$245,000	Airbnb cash on cash: 2.36% Traditional cash on cash: 5.64% Airbnb Rental Income: $1851 Traditional Rental Income: $2113 Airbnb ROI: 2.36% Traditional ROI: 5.64%
2211 E 38th Street Des Moines, IA Step into this beautifully maintained 4-bedroom, 3-bath home, built in 2017 and offering t...	4 beds \| 3 baths \| 1,064 sq.ft.	$250,000	Airbnb cash on cash: 2.82% Traditional cash on cash: 6.48% Airbnb Rental Income: $1851 Traditional Rental Income: $2217 Airbnb ROI: 2.82% Traditional ROI: 6.48%
3315 E 8th Street Des Moines, IA You have to get inside this 2 bedroom 2 bath home to appreciate the amount of space it off...	2 beds \| 2 baths \| 1,199 sq.ft.	$169,900	Airbnb cash on cash: 1.16% Traditional cash on cash: 9.25% Airbnb Rental Income: $1159 Traditional Rental Income: $2087 Airbnb ROI: 1.16% Traditional ROI: 9.25%
3416 Cambridge Street Des Moines, IA Charming Craftsman Bungalow with Historic Character & Modern Updates Welcome to your new h...	2 beds \| 1 baths \| 902 sq.ft.	$139,900	Airbnb cash on cash: 1.71% Traditional cash on cash: 7.53% Airbnb Rental Income: $1159 Traditional Rental Income: $1558 Airbnb ROI: 1.71% Traditional ROI: 7.53%
2501 44th Street Des Moines, IA Fall in love with this classic 1.5-story Beaverdale beauty! Offering nearly 1,200 sq ft of...	3 beds \| 2 baths \| 1,121 sq.ft.	$260,000	Airbnb cash on cash: 0.89% Traditional cash on cash: 4.85% Airbnb Rental Income: $1389 Traditional Rental Income: $1939 Airbnb ROI: 0.89% Traditional ROI: 4.85%
1429 Martin Luther King Jr Parkway Des Moines, IA Discover the potential in this Des Moines multifamily property, Perfect for investors and ...	5 beds \| 2 baths \| 2,544 sq.ft.	$185,000	Airbnb cash on cash: 4.73% Traditional cash on cash: 12% Airbnb Rental Income: $1853 Traditional Rental Income: $2634 Airbnb ROI: 4.73% Traditional ROI: 12%
507 E Locust Street unit: 207 #207 Des Moines, IA Come and experience urban living in this move-in ready East Village condo. Two bedrooms an...	2 beds \| 2 baths \| 1,427 sq.ft.	$239,900	Airbnb cash on cash: -2.91% Traditional cash on cash: 2.59% Airbnb Rental Income: $1159 Traditional Rental Income: $2023 Airbnb ROI: -2.91% Traditional ROI: 2.59%
3935 8th Street Des Moines, IA Don't miss this move-in ready 2-bedroom, 1-bath gem nestled in the heart of the newly revi...	2 beds \| 1 baths \| 802 sq.ft.	$160,000	Airbnb cash on cash: 1.93% Traditional cash on cash: 5.68% Airbnb Rental Income: $1159 Traditional Rental Income: $1349 Airbnb ROI: 1.93% Traditional ROI: 5.68%
4425 Amick Avenue Des Moines, IA Introducing a charming 2-story property in the desirable neighborhood of Des Moines N. Wes...	4 beds \| 2 baths \| 1,617 sq.ft.	$279,995	Airbnb cash on cash: 2.01% Traditional cash on cash: 5.25% Airbnb Rental Income: $1851 Traditional Rental Income: $2210 Airbnb ROI: 2.01% Traditional ROI: 5.25%
2709 41st Place Des Moines, IA You will love living in the heart of Beaverdale in this charming move-in ready Beaverdale ...	3 beds \| 2 baths \| 1,505 sq.ft.	$299,900	Airbnb cash on cash: 0.55% Traditional cash on cash: 3.62% Airbnb Rental Income: $1389 Traditional Rental Income: $1837 Airbnb ROI: 0.55% Traditional ROI: 3.62%
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.	$232,000	Airbnb cash on cash: 1.37% Traditional cash on cash: 4.52% Airbnb Rental Income: $1389 Traditional Rental Income: $1660 Airbnb ROI: 1.37% Traditional ROI: 4.52%
3223 Hull Avenue Des Moines, IA A must to see this sharp three bedroom ranch home overlooking the Grandview Golf Course! A...	3 beds \| 2 baths \| 1,128 sq.ft.	$255,000	Airbnb cash on cash: 1.16% Traditional cash on cash: 5.41% Airbnb Rental Income: $1389 Traditional Rental Income: $1991 Airbnb ROI: 1.16% Traditional ROI: 5.41%
6220 Holcomb Avenue Des Moines, IA Welcome to this well-maintained 1.5-story home offering 3 spacious bedrooms and 1.5 bathro...	3 beds \| 2 baths \| 1,095 sq.ft.	$249,900	Airbnb cash on cash: 0.88% Traditional cash on cash: 5.07% Airbnb Rental Income: $1389 Traditional Rental Income: $1958 Airbnb ROI: 0.88% Traditional ROI: 5.07%
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.	$229,900	Airbnb cash on cash: 1.24% Traditional cash on cash: 5.53% Airbnb Rental Income: $1389 Traditional Rental Income: $1902 Airbnb ROI: 1.24% Traditional ROI: 5.53%
204 E Philip Street Des Moines, IA Charming 3-bedroom, 1-bath, split-level home featuring hardwood floors and an updated livi...	3 beds \| 1 baths \| 1,136 sq.ft.	$238,000	Airbnb cash on cash: 1.37% Traditional cash on cash: 4.07% Airbnb Rental Income: $1389 Traditional Rental Income: $1576 Airbnb ROI: 1.37% Traditional ROI: 4.07%
2610 Westover Boulevard Des Moines, IA Qualify for NFC financing and move right into a home that's already been updated where it ...	4 beds \| 2 baths \| 1,672 sq.ft.	$289,500	Airbnb cash on cash: 2.16% Traditional cash on cash: 5.52% Airbnb Rental Income: $1851 Traditional Rental Income: $2272 Airbnb ROI: 2.16% Traditional ROI: 5.52%
2703 Kingman Boulevard Des Moines, IA Step into this beautifully remodeled 2-story home on a spacious corner lot in the highly s...	3 beds \| 3 baths \| 1,682 sq.ft.	$375,000	Airbnb cash on cash: 0.5% Traditional cash on cash: 5.22% Airbnb Rental Income: $1389 Traditional Rental Income: $2630 Airbnb ROI: 0.5% Traditional ROI: 5.22%
2317 E 50th Street Des Moines, IA Step into this beautifully maintained ranch-style home, with a 3-car garage, in the desira...	3 beds \| 3 baths \| 1,221 sq.ft.	$345,000	Airbnb cash on cash: 1.19% Traditional cash on cash: 5.62% Airbnb Rental Income: $1389 Traditional Rental Income: $2404 Airbnb ROI: 1.19% Traditional ROI: 5.62%
2401 E 50th Street Des Moines, IA Charming Modern Ranch with 3-Car Garage in a Desirable Neighborhood Welcome home to this b...	3 beds \| 3 baths \| 1,264 sq.ft.	$350,000	Airbnb cash on cash: 1.03% Traditional cash on cash: 5.34% Airbnb Rental Income: $1389 Traditional Rental Income: $2384 Airbnb ROI: 1.03% Traditional ROI: 5.34%
3621 Wakonda Drive Des Moines, IA Charming Ranch Home with Unique Features West of Fleur Drive! This beautifully updated ran...	2 beds \| 2 baths \| 2,137 sq.ft.	$335,000	Airbnb cash on cash: -0.39% Traditional cash on cash: 4.59% Airbnb Rental Income: $1159 Traditional Rental Income: $2347 Airbnb ROI: -0.39% Traditional ROI: 4.59%
2936 E Tiffin Avenue Des Moines, IA Charming 3 bedroom, 2 bathroom home offering a comfortable and functional layout. The kitc...	3 beds \| 2 baths \| 1,285 sq.ft.	$255,000	Airbnb cash on cash: 0.94% Traditional cash on cash: 5.45% Airbnb Rental Income: $1389 Traditional Rental Income: $2053 Airbnb ROI: 0.94% Traditional ROI: 5.45%
1427 Mattern Avenue Des Moines, IA Located near Grand View University this house is ready to welcome you home! A three season...	3 beds \| 2 baths \| 1,248 sq.ft.	$184,900	Airbnb cash on cash: 2.37% Traditional cash on cash: 8.05% Airbnb Rental Income: $1389 Traditional Rental Income: $1967 Airbnb ROI: 2.37% Traditional ROI: 8.05%
2622 Capitol Avenue Des Moines, IA Welcome to this charming all-brick ranch home in the heart of Des Moines! This 2 bedroom, ...	2 beds \| 2 baths \| 1,079 sq.ft.	$190,000	Airbnb cash on cash: 1.48% Traditional cash on cash: 6.97% Airbnb Rental Income: $1159 Traditional Rental Income: $1768 Airbnb ROI: 1.48% Traditional ROI: 6.97%
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.	$225,000	Airbnb cash on cash: 1.22% Traditional cash on cash: 4.91% Airbnb Rental Income: $1389 Traditional Rental Income: $1754 Airbnb ROI: 1.22% Traditional ROI: 4.91%

Real Estate investment in Des-moines, IA

There are 818 properties for sale in the city of Des Moines . The median list price in Des Moines is $235,000 and the average price per square foot is $173. In September 2025, the average monthly cash on cash return in Des Moines is 5.00%. The average monthly rental income in Des Moines is $1,927.

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

There are 818 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 $1,927.

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.

$215,000

Airbnb cash on cash: 1.74%

Traditional cash on cash: 2.62%

Airbnb Rental Income: $1389

Traditional Rental Income: $1148

Airbnb ROI: 1.74%

Traditional ROI: 2.62%

433 E Marion Street

Des Moines, IA

3 beds | 2 baths | 900 sq.ft.

$180,000

Airbnb cash on cash: 2.38%

Traditional cash on cash: 6.19%

Airbnb Rental Income: $1389

Traditional Rental Income: $1620

Airbnb ROI: 2.38%

Traditional ROI: 6.19%

951 24th Street

Des Moines, IA

4 beds | 2 baths | 1,486 sq.ft.

$259,900

Airbnb cash on cash: 2.61%

Traditional cash on cash: 6.47%

Airbnb Rental Income: $1851

Traditional Rental Income: $2299

Airbnb ROI: 2.61%

Traditional ROI: 6.47%

3605 Village Run Drive

Des Moines, IA

3 beds | 3 baths | 1,320 sq.ft.

$285,000

Airbnb cash on cash: 0.49%

Traditional cash on cash: 4.74%

Airbnb Rental Income: $1389

Traditional Rental Income: $2110

Airbnb ROI: 0.49%

Traditional ROI: 4.74%

2517 Sampson Street

Des Moines, IA

4 beds | 2 baths | 1,298 sq.ft.

$214,990

Airbnb cash on cash: 3.54%

Traditional cash on cash: 8.29%

Airbnb Rental Income: $1851

Traditional Rental Income: $2321

Airbnb ROI: 3.54%

Traditional ROI: 8.29%

4145 1st Street

Des Moines, IA

2 beds | 1 baths | 832 sq.ft.

$180,000

Airbnb cash on cash: 1.5%

Traditional cash on cash: 6.53%

Airbnb Rental Income: $1159

Traditional Rental Income: $1638

Airbnb ROI: 1.5%

Traditional ROI: 6.53%

3122 1st Street

Des Moines, IA

2 beds | 1 baths | 1,088 sq.ft.

$137,000

Airbnb cash on cash: 2.4%

Traditional cash on cash: 8.79%

Airbnb Rental Income: $1159

Traditional Rental Income: $1617

Airbnb ROI: 2.4%

Traditional ROI: 8.79%

4518 Kingman Boulevard

Des Moines, IA

2 beds | 1 baths | 1,089 sq.ft.

$239,900

Airbnb cash on cash: 0.64%

Traditional cash on cash: 2.09%

Airbnb Rental Income: $1159

Traditional Rental Income: $1106

Airbnb ROI: 0.64%