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
624 Rose Avenue Des Moines, IA Welcome to 624 Rose Ave in Des Moines, a move-in ready home packed with updates and space ...	2 beds \| 1 baths \| 920 sq.ft.	$200,000	Airbnb cash on cash: 0.69% Traditional cash on cash: 3.69% Airbnb Rental Income: $1131 Traditional Rental Income: $1322 Airbnb ROI: 0.69% Traditional ROI: 3.69%
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: 1.86% Traditional cash on cash: 2.71% Airbnb Rental Income: $1402 Traditional Rental Income: $1148 Airbnb ROI: 1.86% Traditional ROI: 2.71%
3216 Woodland Avenue Des Moines, IA This lovely North of Grand home was recently remodeled boasting a lot more living space th...	4 beds \| 2 baths \| 1,551 sq.ft.	$304,900	Airbnb cash on cash: 0.44% Traditional cash on cash: 5.41% Airbnb Rental Income: $1438 Traditional Rental Income: $2436 Airbnb ROI: 0.44% Traditional ROI: 5.41%
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: 3.03% Traditional cash on cash: 9.4% Airbnb Rental Income: $1402 Traditional Rental Income: $1953 Airbnb ROI: 3.03% 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.	$175,000	Airbnb cash on cash: 1.5% Traditional cash on cash: 5.52% Airbnb Rental Income: $1131 Traditional Rental Income: $1423 Airbnb ROI: 1.5% Traditional ROI: 5.52%
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: 1.67% Traditional cash on cash: 4.54% Airbnb Rental Income: $1402 Traditional Rental Income: $1671 Airbnb ROI: 1.67% 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: 0.6% Traditional cash on cash: 4.07% Airbnb Rental Income: $1438 Traditional Rental Income: $1908 Airbnb ROI: 0.6% Traditional ROI: 4.07%
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.	$399,900	Airbnb cash on cash: -0.57% Traditional cash on cash: 4.55% Airbnb Rental Income: $1438 Traditional Rental Income: $2931 Airbnb ROI: -0.57% Traditional ROI: 4.55%
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: 1.04% Traditional cash on cash: 4.28% Airbnb Rental Income: $1438 Traditional Rental Income: $1759 Airbnb ROI: 1.04% 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: 1.16% Traditional cash on cash: 6.32% Airbnb Rental Income: $1131 Traditional Rental Income: $1638 Airbnb ROI: 1.16% 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: 2.14% Traditional cash on cash: 7.37% Airbnb Rental Income: $1131 Traditional Rental Income: $1485 Airbnb ROI: 2.14% Traditional ROI: 7.37%
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: 1.61% Traditional cash on cash: 5.31% Airbnb Rental Income: $1402 Traditional Rental Income: $1768 Airbnb ROI: 1.61% 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: 1.83% Traditional cash on cash: 6.83% Airbnb Rental Income: $1402 Traditional Rental Income: $1952 Airbnb ROI: 1.83% 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: 0.98% Traditional cash on cash: 7.2% Airbnb Rental Income: $1402 Traditional Rental Income: $2591 Airbnb ROI: 0.98% Traditional ROI: 7.2%
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: 2.8% Traditional cash on cash: 5.54% Airbnb Rental Income: $2738 Traditional Rental Income: $3059 Airbnb ROI: 2.8% 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: 0.02% Traditional cash on cash: 4.24% Airbnb Rental Income: $1402 Traditional Rental Income: $2290 Airbnb ROI: 0.02% Traditional ROI: 4.24%
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.	$160,000	Airbnb cash on cash: 1.62% Traditional cash on cash: 8.21% Airbnb Rental Income: $1131 Traditional Rental Income: $1760 Airbnb ROI: 1.62% Traditional ROI: 8.21%
1116 58th Street Des Moines, IA Well-maintained home located in the desirable Waveland Woods area on Des Moines' west side...	3 beds \| 2 baths \| 780 sq.ft.	$240,000	Airbnb cash on cash: 1.17% Traditional cash on cash: 4.74% Airbnb Rental Income: $1402 Traditional Rental Income: $1789 Airbnb ROI: 1.17% Traditional ROI: 4.74%
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: 2.79% Traditional cash on cash: 7.11% Airbnb Rental Income: $1438 Traditional Rental Income: $1668 Airbnb ROI: 2.79% 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: 2.23% Traditional cash on cash: 5.49% Airbnb Rental Income: $1402 Traditional Rental Income: $1582 Airbnb ROI: 2.23% Traditional ROI: 5.49%
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: -0.26% Traditional cash on cash: 3.98% Airbnb Rental Income: $1402 Traditional Rental Income: $2430 Airbnb ROI: -0.26% Traditional ROI: 3.98%
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: 0.45% Traditional cash on cash: 4.32% Airbnb Rental Income: $1131 Traditional Rental Income: $1603 Airbnb ROI: 0.45% 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: 1.25% Traditional cash on cash: 3.88% Airbnb Rental Income: $1402 Traditional Rental Income: $1539 Airbnb ROI: 1.25% Traditional ROI: 3.88%
119 E Pleasant View Drive Des Moines, IA Charming and newly painted, this 3-bedroom, 1 and 3/4bath home in Des Moines offers comfor...	3 beds \| 2 baths \| 960 sq.ft.	$220,000	Airbnb cash on cash: 1.71% Traditional cash on cash: 5.36% Airbnb Rental Income: $1402 Traditional Rental Income: $1740 Airbnb ROI: 1.71% Traditional ROI: 5.36%
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.	$310,000	Airbnb cash on cash: 0.21% Traditional cash on cash: 5.5% Airbnb Rental Income: $1402 Traditional Rental Income: $2521 Airbnb ROI: 0.21% Traditional ROI: 5.5%
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: -1.75% Traditional cash on cash: 6.75% Airbnb Rental Income: $652 Traditional Rental Income: $1567 Airbnb ROI: -1.75% Traditional ROI: 6.75%
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: 5.3% Traditional cash on cash: 5.65% Airbnb Rental Income: $2738 Traditional Rental Income: $2181 Airbnb ROI: 5.3% 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: 1.03% Traditional cash on cash: 7.51% Airbnb Rental Income: $1131 Traditional Rental Income: $1882 Airbnb ROI: 1.03% Traditional ROI: 7.51%
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: 0.6% Traditional cash on cash: 5.05% Airbnb Rental Income: $1402 Traditional Rental Income: $2126 Airbnb ROI: 0.6% 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: -2.91% Traditional cash on cash: 4.52% Airbnb Rental Income: $685 Traditional Rental Income: $1531 Airbnb ROI: -2.91% Traditional ROI: 4.52%
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: 2.41% Traditional cash on cash: 8.07% Airbnb Rental Income: $1402 Traditional Rental Income: $2236 Airbnb ROI: 2.41% 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: 0.7% Traditional cash on cash: 6.25% Airbnb Rental Income: $1131 Traditional Rental Income: $1807 Airbnb ROI: 0.7% 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.	$149,900	Airbnb cash on cash: -0.12% Traditional cash on cash: 5.21% Airbnb Rental Income: $1131 Traditional Rental Income: $1518 Airbnb ROI: -0.12% Traditional ROI: 5.21%
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: 1% Traditional cash on cash: 5.02% Airbnb Rental Income: $1131 Traditional Rental Income: $1704 Airbnb ROI: 1% 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: 1.45% Traditional cash on cash: 6.48% Airbnb Rental Income: $1131 Traditional Rental Income: $1546 Airbnb ROI: 1.45% Traditional ROI: 6.48%
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.	$190,000	Airbnb cash on cash: 2.28% Traditional cash on cash: 6.1% Airbnb Rental Income: $1402 Traditional Rental Income: $1668 Airbnb ROI: 2.28% Traditional ROI: 6.1%
2506 60th Street Des Moines, IA Welcome home to this beautifully updated ranch in Des Moines featuring a rare 3-car garage...	3 beds \| 2 baths \| 720 sq.ft.	$255,000	Airbnb cash on cash: 1.22% Traditional cash on cash: 4.82% Airbnb Rental Income: $1402 Traditional Rental Income: $1845 Airbnb ROI: 1.22% Traditional ROI: 4.82%
3100 Grand Avenue #5H Des Moines, IA Are you ready for someone else to rake the leaves and scoop the snow? This conveniently lo...	1 beds \| 1 baths \| 798 sq.ft.	$145,000	Airbnb cash on cash: -3.69% Traditional cash on cash: 4.03% Airbnb Rental Income: $685 Traditional Rental Income: $1455 Airbnb ROI: -3.69% Traditional ROI: 4.03%
504 Wall Avenue Des Moines, IA Move right in and enjoy this spacious well-maintained 3 bedroom/3 bathroom raised ranch, w...	3 beds \| 3 baths \| 1,080 sq.ft.	$279,900	Airbnb cash on cash: 0.53% Traditional cash on cash: 4.73% Airbnb Rental Income: $1402 Traditional Rental Income: $2087 Airbnb ROI: 0.53% Traditional ROI: 4.73%
111 10th Street #406 Des Moines, IA Luxury you can see, security you can't, until now! Unit 406 stands apart within an HOA rec...	1 beds \| 2 baths \| 1,044 sq.ft.	$265,000	Airbnb cash on cash: -2.9% Traditional cash on cash: 2.39% Airbnb Rental Income: $685 Traditional Rental Income: $1705 Airbnb ROI: -2.9% Traditional ROI: 2.39%

Real Estate investment in Des-moines, IA

There are 870 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 July 2026, the average monthly cash on cash return in Des Moines is 5.00%. The average monthly rental income in Des Moines is $1,912.

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

There are 870 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 $1,912.

Your search for investment property begins and ends here

Investment Property for Sale in Des Moines, IA

624 Rose Avenue

Des Moines, IA

2 beds | 1 baths | 920 sq.ft.

$200,000

Airbnb cash on cash: 0.69%

Traditional cash on cash: 3.69%

Airbnb Rental Income: $1131

Traditional Rental Income: $1322

Airbnb ROI: 0.69%

Traditional ROI: 3.69%

2318 56th Street

Des Moines, IA

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

$209,999

Airbnb cash on cash: 1.86%

Traditional cash on cash: 2.71%

Airbnb Rental Income: $1402

Traditional Rental Income: $1148

Airbnb ROI: 1.86%

Traditional ROI: 2.71%

3216 Woodland Avenue

Des Moines, IA

4 beds | 2 baths | 1,551 sq.ft.

$304,900

Airbnb cash on cash: 0.44%

Traditional cash on cash: 5.41%

Airbnb Rental Income: $1438

Traditional Rental Income: $2436

Airbnb ROI: 0.44%

Traditional ROI: 5.41%

3832 13th Street

Des Moines, IA

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

$160,000

Airbnb cash on cash: 3.03%

Traditional cash on cash: 9.4%

Airbnb Rental Income: $1402

Traditional Rental Income: $1953

Airbnb ROI: 3.03%

Traditional ROI: 9.4%

3100 Garden Avenue

Des Moines, IA

2 beds | 1 baths | 672 sq.ft.

$175,000

Airbnb cash on cash: 1.5%

Traditional cash on cash: 5.52%

Airbnb Rental Income: $1131

Traditional Rental Income: $1423

Airbnb ROI: 1.5%

Traditional ROI: 5.52%

2712 Richmond Avenue

Des Moines, IA

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

$254,900

Airbnb cash on cash: 1.67%

Traditional cash on cash: 4.54%

Airbnb Rental Income: $1402

Traditional Rental Income: $1671

Airbnb ROI: 1.67%

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: 0.6%

Traditional cash on cash: 4.07%

Airbnb Rental Income: $1438

Traditional Rental Income: $1908

Airbnb ROI: 0.6%

Traditional ROI: 4.07%

3700 SW 34th Place

Des Moines, IA

4 beds | 4 baths | 2,047 sq.ft.

$399,900

Airbnb cash on cash: -0.57%

Traditional cash on cash: 4.55%

Airbnb Rental Income: $1438

Traditional Rental Income: $2931

Airbnb ROI: -0.57%