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
2400 45th Street Des Moines, IA Solid Beaverdale Opportunity - Perfect Starter Home or Smart Investment! Discover this inv...	2 beds \| 2 baths \| 909 sq.ft.	$174,900	Airbnb cash on cash: 0.7% Traditional cash on cash: 1.43% Airbnb Rental Income: $992 Traditional Rental Income: $759 Airbnb ROI: 0.7% Traditional ROI: 1.43%
5200 Ingersoll Avenue Des Moines, IA Previously featured on HGTV's show "House Hunters", this charming 4 bedroom, 4 bathroom in...	4 beds \| 4 baths \| 2,935 sq.ft.	$449,750	Airbnb cash on cash: -0.6% Traditional cash on cash: 5.54% Airbnb Rental Income: $1644 Traditional Rental Income: $3768 Airbnb ROI: -0.6% Traditional ROI: 5.54%
3101 E Clinton Avenue Des Moines, IA Charming 1.5-story home offers a flexible layout and great outdoor space! The main level f...	3 beds \| 2 baths \| 1,053 sq.ft.	$190,000	Airbnb cash on cash: 1.75% Traditional cash on cash: 7.24% Airbnb Rental Income: $1250 Traditional Rental Income: $1844 Airbnb ROI: 1.75% Traditional ROI: 7.24%
1407 41st Place Des Moines, IA Dreaming of a picture-perfect home where every update has already been completed? This cha...	3 beds \| 3 baths \| 1,584 sq.ft.	$349,900	Airbnb cash on cash: -0.46% Traditional cash on cash: 1.15% Airbnb Rental Income: $1250 Traditional Rental Income: $1380 Airbnb ROI: -0.46% Traditional ROI: 1.15%
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%
4707 Franklin Avenue Des Moines, IA Discover this beautifully maintained Beaverdale charmer offering nearly 1,500 sq. ft. of f...	3 beds \| 2 baths \| 1,478 sq.ft.	$295,000	Airbnb cash on cash: 0.04% Traditional cash on cash: 2.7% Airbnb Rental Income: $1250 Traditional Rental Income: $1592 Airbnb ROI: 0.04% Traditional ROI: 2.7%
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.	$405,000	Airbnb cash on cash: -0.13% Traditional cash on cash: 4.48% Airbnb Rental Income: $1644 Traditional Rental Income: $2931 Airbnb ROI: -0.13% Traditional ROI: 4.48%
6008 Carpenter Avenue Des Moines, IA Welcome to this beautifully updated 3-bedroom home at 6008 Carpenter Ave in Des Moines! En...	3 beds \| 1 baths \| 897 sq.ft.	$279,500	Airbnb cash on cash: 0.74% Traditional cash on cash: 2.74% Airbnb Rental Income: $1250 Traditional Rental Income: $1380 Airbnb ROI: 0.74% Traditional ROI: 2.74%
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%
4147 E 29th Street Des Moines, IA Great investment opportunity! This home is in an established east Des Moines neighborhood....	3 beds \| 1 baths \| 1,575 sq.ft.	$199,900	Airbnb cash on cash: 2.08% Traditional cash on cash: 5.82% Airbnb Rental Income: $1250 Traditional Rental Income: $1562 Airbnb ROI: 2.08% Traditional ROI: 5.82%
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.	$269,000	Airbnb cash on cash: 1.44% Traditional cash on cash: 3.97% Airbnb Rental Income: $1644 Traditional Rental Income: $1823 Airbnb ROI: 1.44% Traditional ROI: 3.97%
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.	$144,000	Airbnb cash on cash: 2.73% Traditional cash on cash: 8.24% Airbnb Rental Income: $1250 Traditional Rental Income: $1613 Airbnb ROI: 2.73% Traditional ROI: 8.24%
2614 53rd Street Des Moines, IA Bright and airy Beaverdale ranch blending classic charm with modern updates in a prime loc...	2 beds \| 2 baths \| 978 sq.ft.	$255,000	Airbnb cash on cash: -0.11% Traditional cash on cash: 4.95% Airbnb Rental Income: $992 Traditional Rental Income: $1856 Airbnb ROI: -0.11% Traditional ROI: 4.95%
1300 E 34th Street Des Moines, IA Ranch home with traditional architecture offering 3 bedrooms and 1 bathroom in a convenien...	3 beds \| 1 baths \| 1,096 sq.ft.	$209,900	Airbnb cash on cash: 1.2% Traditional cash on cash: 3.85% Airbnb Rental Income: $1250 Traditional Rental Income: $1380 Airbnb ROI: 1.2% Traditional ROI: 3.85%
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.	$229,900	Airbnb cash on cash: 0.62% Traditional cash on cash: 3.77% Airbnb Rental Income: $1250 Traditional Rental Income: $1539 Airbnb ROI: 0.62% Traditional ROI: 3.77%
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.	$100,000	Airbnb cash on cash: 2.66% Traditional cash on cash: 8.76% Airbnb Rental Income: $992 Traditional Rental Income: $1230 Airbnb ROI: 2.66% Traditional ROI: 8.76%
407 E Creston Avenue Des Moines, IA A peaceful backyard retreat just minutes from downtown Des Moines. This beautifully cared-...	4 beds \| 1 baths \| 1,335 sq.ft.	$215,000	Airbnb cash on cash: 2.46% Traditional cash on cash: 4.82% Airbnb Rental Income: $1644 Traditional Rental Income: $1662 Airbnb ROI: 2.46% Traditional ROI: 4.82%
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.	$335,000	Airbnb cash on cash: -0.28% Traditional cash on cash: 1.39% Airbnb Rental Income: $1250 Traditional Rental Income: $1380 Airbnb ROI: -0.28% Traditional ROI: 1.39%
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.	$187,500	Airbnb cash on cash: -0.61% Traditional cash on cash: 5.2% Airbnb Rental Income: $863 Traditional Rental Income: $1567 Airbnb ROI: -0.61% Traditional ROI: 5.2%
1415 Osceola Avenue Des Moines, IA Move-in ready 3-bedroom, 1-bathroom home with major updates and perfect garage space! This...	3 beds \| 1 baths \| 1,076 sq.ft.	$215,000	Airbnb cash on cash: 1.1% Traditional cash on cash: 5.6% Airbnb Rental Income: $1250 Traditional Rental Income: $1769 Airbnb ROI: 1.1% Traditional ROI: 5.6%
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.	$275,000	Airbnb cash on cash: 1.99% Traditional cash on cash: 5.42% Airbnb Rental Income: $1779 Traditional Rental Income: $2181 Airbnb ROI: 1.99% Traditional ROI: 5.42%
6131 Harwood Drive Des Moines, IA Waterbury; updated; and under $300k! You read that right! Welcome to this well cared for 2...	2 beds \| 1 baths \| 1,028 sq.ft.	$285,000	Airbnb cash on cash: -0.61% Traditional cash on cash: -0.16% Airbnb Rental Income: $992 Traditional Rental Income: $759 Airbnb ROI: -0.61% Traditional ROI: -0.16%
3805 Washington Avenue Des Moines, IA Here comes the sun!! Walk-in to this adorable Beaverdale 2 story and enjoy all the natural...	4 beds \| 3 baths \| 1,500 sq.ft.	$325,000	Airbnb cash on cash: 0.95% Traditional cash on cash: 4.3% Airbnb Rental Income: $1644 Traditional Rental Income: $2204 Airbnb ROI: 0.95% Traditional ROI: 4.3%
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.	$176,000	Airbnb cash on cash: 0.56% Traditional cash on cash: 6.04% Airbnb Rental Income: $992 Traditional Rental Income: $1556 Airbnb ROI: 0.56% Traditional ROI: 6.04%
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.	$306,500	Airbnb cash on cash: 0.12% Traditional cash on cash: 4.1% Airbnb Rental Income: $1250 Traditional Rental Income: $2002 Airbnb ROI: 0.12% Traditional ROI: 4.1%
1006 26th Street Des Moines, IA Modern Comfort Meets 1898 Charm! Step into this meticulously updated 3-bedroom, 2-bathroom...	3 beds \| 2 baths \| 1,158 sq.ft.	$215,000	Airbnb cash on cash: 1.48% Traditional cash on cash: 6.04% Airbnb Rental Income: $1250 Traditional Rental Income: $1781 Airbnb ROI: 1.48% Traditional ROI: 6.04%
3007 E 8th Street Des Moines, IA Updated 3 bedroom 2 bath home on a quiet street. Excellent value for your dollar on this c...	3 beds \| 2 baths \| 1,065 sq.ft.	$179,900	Airbnb cash on cash: 1.56% Traditional cash on cash: 4.64% Airbnb Rental Income: $1250 Traditional Rental Income: $1380 Airbnb ROI: 1.56% Traditional ROI: 4.64%
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.	$215,000	Airbnb cash on cash: 0.99% Traditional cash on cash: 4.95% Airbnb Rental Income: $1250 Traditional Rental Income: $1660 Airbnb ROI: 0.99% Traditional ROI: 4.95%
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%
1715 Frazier Avenue Des Moines, IA Check out this recently updated 3 bed, 1 bath home in a wonderful SW neighborhood of Des M...	3 beds \| 1 baths \| 925 sq.ft.	$179,900	Airbnb cash on cash: 2.74% Traditional cash on cash: 5.82% Airbnb Rental Income: $1250 Traditional Rental Income: $1380 Airbnb ROI: 2.74% Traditional ROI: 5.82%
2924 Kinsey Avenue Des Moines, IA Welcome to this well-maintained ranch where the main level features 3 beds and 2 full bath...	3 beds \| 2 baths \| 864 sq.ft.	$204,000	Airbnb cash on cash: 1.21% Traditional cash on cash: 5.04% Airbnb Rental Income: $1250 Traditional Rental Income: $1595 Airbnb ROI: 1.21% Traditional ROI: 5.04%
4312 Boyd Street Des Moines, IA Nestled at the end of a quiet cul-de-sac, this inviting 2-story home offers exceptional pr...	4 beds \| 3 baths \| 1,704 sq.ft.	$302,999	Airbnb cash on cash: 0.96% Traditional cash on cash: 2.96% Airbnb Rental Income: $1644 Traditional Rental Income: $1750 Airbnb ROI: 0.96% Traditional ROI: 2.96%
1219 E 32nd Street Des Moines, IA Take a look at this charming 2-bedroom, 1-bath home with a surprisingly functional 660 sq ...	2 beds \| 1 baths \| 660 sq.ft.	$125,000	Airbnb cash on cash: 1.82% Traditional cash on cash: 2.83% Airbnb Rental Income: $992 Traditional Rental Income: $759 Airbnb ROI: 1.82% Traditional ROI: 2.83%
3714 Skyline Drive Des Moines, IA Ask about the Assumable loan with 3.125% interest. Welcome to 3714 Skyline Drive in Des Mo...	3 beds \| 4 baths \| 2,059 sq.ft.	$325,000	Airbnb cash on cash: -0.56% Traditional cash on cash: 1.17% Airbnb Rental Income: $1250 Traditional Rental Income: $1380 Airbnb ROI: -0.56% Traditional ROI: 1.17%
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: 0.71% Traditional cash on cash: 1.48% Airbnb Rental Income: $992 Traditional Rental Income: $759 Airbnb ROI: 0.71% Traditional ROI: 1.48%
1989 SW 9th Street Des Moines, IA Charming south side Des Moines home overlooking McRae Park with quick access to downtown a...	3 beds \| 2 baths \| 1,447 sq.ft.	$220,000	Airbnb cash on cash: 1.13% Traditional cash on cash: 6.39% Airbnb Rental Income: $1250 Traditional Rental Income: $1950 Airbnb ROI: 1.13% Traditional ROI: 6.39%
4629 E Valdez Drive Des Moines, IA Welcome home to this beautifully maintained 4 bedroom, 3 bathroom gem offering the perfect...	4 beds \| 3 baths \| 1,380 sq.ft.	$337,000	Airbnb cash on cash: 0.7% Traditional cash on cash: 4.18% Airbnb Rental Income: $1644 Traditional Rental Income: $2283 Airbnb ROI: 0.7% 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.	$190,000	Airbnb cash on cash: 1.58% Traditional cash on cash: 6.1% Airbnb Rental Income: $1250 Traditional Rental Income: $1668 Airbnb ROI: 1.58% Traditional ROI: 6.1%
5818 New York Avenue Des Moines, IA Welcome to this charming one-story home in Des Moines offering comfort, style, and afforda...	2 beds \| 1 baths \| 820 sq.ft.	$168,000	Airbnb cash on cash: 0.57% Traditional cash on cash: 5.9% Airbnb Rental Income: $992 Traditional Rental Income: $1492 Airbnb ROI: 0.57% Traditional ROI: 5.9%
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.	$215,000	Airbnb cash on cash: 0.85% Traditional cash on cash: 6.34% Airbnb Rental Income: $1250 Traditional Rental Income: $1971 Airbnb ROI: 0.85% Traditional ROI: 6.34%

Real Estate investment in Des-moines, IA

There are 783 properties for sale in the city of Des Moines . The median list price in Des Moines is $227,700 and the average price per square foot is $174. In March 2026, the average monthly cash on cash return in Des Moines is 5.00%. The average monthly rental income in Des Moines is $1,732.

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

There are 783 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 $1,732.

Your search for investment property begins and ends here

Investment Property for Sale in Des Moines, IA

2400 45th Street

Des Moines, IA

2 beds | 2 baths | 909 sq.ft.

$174,900

Airbnb cash on cash: 0.7%

Traditional cash on cash: 1.43%

Airbnb Rental Income: $992

Traditional Rental Income: $759

Airbnb ROI: 0.7%

Traditional ROI: 1.43%

5200 Ingersoll Avenue

Des Moines, IA

4 beds | 4 baths | 2,935 sq.ft.

$449,750

Airbnb cash on cash: -0.6%

Traditional cash on cash: 5.54%

Airbnb Rental Income: $1644

Traditional Rental Income: $3768

Airbnb ROI: -0.6%

Traditional ROI: 5.54%

3101 E Clinton Avenue

Des Moines, IA

3 beds | 2 baths | 1,053 sq.ft.

$190,000

Airbnb cash on cash: 1.75%

Traditional cash on cash: 7.24%

Airbnb Rental Income: $1250

Traditional Rental Income: $1844

Airbnb ROI: 1.75%

Traditional ROI: 7.24%

1407 41st Place

Des Moines, IA

3 beds | 3 baths | 1,584 sq.ft.

$349,900

Airbnb cash on cash: -0.46%

Traditional cash on cash: 1.15%

Airbnb Rental Income: $1250

Traditional Rental Income: $1380

Airbnb ROI: -0.46%

Traditional ROI: 1.15%

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%

4707 Franklin Avenue

Des Moines, IA

3 beds | 2 baths | 1,478 sq.ft.

$295,000

Airbnb cash on cash: 0.04%

Traditional cash on cash: 2.7%

Airbnb Rental Income: $1250

Traditional Rental Income: $1592

Airbnb ROI: 0.04%

Traditional ROI: 2.7%

3700 SW 34th Place

Des Moines, IA

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

$405,000

Airbnb cash on cash: -0.13%

Traditional cash on cash: 4.48%

Airbnb Rental Income: $1644

Traditional Rental Income: $2931

Airbnb ROI: -0.13%

Traditional ROI: 4.48%

6008 Carpenter Avenue

Des Moines, IA

3 beds | 1 baths | 897 sq.ft.

$279,500

Airbnb cash on cash: 0.74%

Traditional cash on cash: 2.74%

Airbnb Rental Income: $1250

Traditional Rental Income: $1380

Airbnb ROI: 0.74%