Real Estate Investment Properties for Sale in Evansdale, IA

Looking for investment property in Evansdale, IA with high ROI ?

Explore a variety of short-term homes & houses in Evansdale, IA. Invest wisely with VRBO & Evansdale, 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 Evansdale, IA

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
127 Doyle Avenue Evansdale, IA New price & the seller is offering a credit for an Interest Rate Buy Down to you as a buye...	4 beds \| 3 baths \| 2,500 sq.ft.	$329,400	Airbnb cash on cash: 2.21% Traditional cash on cash: 7.44% Airbnb Rental Income: $2021 Traditional Rental Income: $3117 Airbnb ROI: 2.21% Traditional ROI: 7.44%
640 Hunter Drive Evansdale, IA Currently under construction Finding a quality built 5 bedroom home at this price point ...	5 beds \| N/A baths \| 2,571 sq.ft.	$425,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.46% Airbnb Rental Income: $null Traditional Rental Income: $2293 Airbnb ROI: N/A Traditional ROI: 4.46%
1725 Timberline Drive Evansdale, IA Welcome to this stunning new construction home in the desirable Timber Creek Estates in Ev...	4 beds \| 3 baths \| 3,927 sq.ft.	$520,000	Airbnb cash on cash: 1.78% Traditional cash on cash: 5.23% Airbnb Rental Income: $2021 Traditional Rental Income: $3174 Airbnb ROI: 1.78% Traditional ROI: 5.23%
840 Grand Blvd Evansdale, IA Price reduced AND a Seller Credit available with acceptable offer to use for 2/1 rate buyd...	5 beds \| 3 baths \| 2,446 sq.ft.	$424,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.16% Airbnb Rental Income: $null Traditional Rental Income: $3213 Airbnb ROI: N/A Traditional ROI: 6.16%
562 Jones Road Evansdale, IA Welcome to this charming Evansdale property, where warmth, character and thoughtful update...	2 beds \| 2 baths \| 1,684 sq.ft.	$246,000	Airbnb cash on cash: 0.47% Traditional cash on cash: 6.49% Airbnb Rental Income: $1061 Traditional Rental Income: $2094 Airbnb ROI: 0.47% Traditional ROI: 6.49%
507 3rd Street Evansdale, IA This home makes you feel like you are on vacation. The wood interior is so relaxing. Huge ...	3 beds \| 2 baths \| 2,084 sq.ft.	$199,000	Airbnb cash on cash: 2.51% Traditional cash on cash: 10.1% Airbnb Rental Income: $1458 Traditional Rental Income: $2459 Airbnb ROI: 2.51% Traditional ROI: 10.1%
1012 McCoy Road Evansdale, IA This 1,318 sq. ft., 2-bedroom, 1.5-bath single-family home is packed with potential and wa...	2 beds \| 2 baths \| 1,318 sq.ft.	$104,900	Airbnb cash on cash: 3.03% Traditional cash on cash: 11.21% Airbnb Rental Income: $1061 Traditional Rental Income: $1527 Airbnb ROI: 3.03% Traditional ROI: 11.21%
219 COLLINS Avenue Evansdale, IA SIMPLIFY YOUR LIFESTYLE in this move -in ready home, while producing the opportunity for i...	2 beds \| 2 baths \| 960 sq.ft.	$175,000	Airbnb cash on cash: 1.66% Traditional cash on cash: 9.17% Airbnb Rental Income: $1061 Traditional Rental Income: $1947 Airbnb ROI: 1.66% Traditional ROI: 9.17%
425 Grand Boulevard Evansdale, IA Sprawling ranch home situated on a spacious 1-acre lot with room to enjoy both inside and ...	2 beds \| 2 baths \| 1,458 sq.ft.	$189,000	Airbnb cash on cash: 1.26% Traditional cash on cash: 5.83% Airbnb Rental Income: $1061 Traditional Rental Income: $1515 Airbnb ROI: 1.26% Traditional ROI: 5.83%
221 COLLINS Avenue Evansdale, IA A GREAT INVESTMENT OPPORTUNITY! Currently rented at $1600 per month, this well maintained ...	1 beds \| 1 baths \| 600 sq.ft.	$115,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.62% Airbnb Rental Income: $null Traditional Rental Income: $1308 Airbnb ROI: N/A Traditional ROI: 8.62%
947 Gilbert Rd Evansdale, IA Space to Live, Room to Grow, and So Much to Love! Welcome to 947 Gilbert Road in Evansdale...	5 beds \| 4 baths \| 3,575 sq.ft.	$499,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.06% Airbnb Rental Income: $null Traditional Rental Income: $3400 Airbnb ROI: N/A Traditional ROI: 5.06%
102 Mary Drive Evansdale, IA Charming 2-bedroom, 1-bath ranch offering comfortable one-level living and thoughtful upda...	2 beds \| 1 baths \| 704 sq.ft.	$119,500	Airbnb cash on cash: 3% Traditional cash on cash: 8.73% Airbnb Rental Income: $1061 Traditional Rental Income: $1355 Airbnb ROI: 3% Traditional ROI: 8.73%
126 N Roosevelt Road Evansdale, IA Looking for a home with a layout that works and a yard you'll actually enjoy? This Evansda...	3 beds \| 2 baths \| 2,124 sq.ft.	$229,900	Airbnb cash on cash: 2.15% Traditional cash on cash: 11% Airbnb Rental Income: $1458 Traditional Rental Income: $2952 Airbnb ROI: 2.15% Traditional ROI: 11%
705 Burr Oak Avenue Evansdale, IA Charming 1-story home built in 1947 offering 2 bedrooms and 1 bathroom on a spacious nearl...	2 beds \| 1 baths \| 832 sq.ft.	$122,000	Airbnb cash on cash: 3.05% Traditional cash on cash: 8.82% Airbnb Rental Income: $1061 Traditional Rental Income: $1374 Airbnb ROI: 3.05% Traditional ROI: 8.82%
326 Wema Avenue Evansdale, IA Welcome home to this well-maintained, move-in ready 4-bedroom, 1-bath home, ideally locate...	4 beds \| 1 baths \| 1,415 sq.ft.	$189,900	Airbnb cash on cash: 5.59% Traditional cash on cash: 7.97% Airbnb Rental Income: $2021 Traditional Rental Income: $1924 Airbnb ROI: 5.59% Traditional ROI: 7.97%
118 Hansen Avenue Evansdale, IA Welcome to 118 Hansen Avenue in Evansdale! This 2 bedroom, 1 bathroom home offers comforta...	2 beds \| 1 baths \| 616 sq.ft.	$99,900	Airbnb cash on cash: 4.16% Traditional cash on cash: 9.84% Airbnb Rental Income: $1061 Traditional Rental Income: $1247 Airbnb ROI: 4.16% Traditional ROI: 9.84%
206 W Gilbert Drive Evansdale, IA Check out this spacious home with beautiful views of Meyers Lake in Evansdale! Built in 20...	4 beds \| 3 baths \| 3,945 sq.ft.	$270,000	Airbnb cash on cash: 3.23% Traditional cash on cash: 10.32% Airbnb Rental Income: $2021 Traditional Rental Income: $3300 Airbnb ROI: 3.23% Traditional ROI: 10.32%
314 Morris Avenue Evansdale, IA This property offers plenty of space to relax, entertain, and enjoy everything it has to o...	3 beds \| 2 baths \| 1,344 sq.ft.	$190,000	Airbnb cash on cash: 3.16% Traditional cash on cash: 10.45% Airbnb Rental Income: $1458 Traditional Rental Income: $2343 Airbnb ROI: 3.16% Traditional ROI: 10.45%
1808 Timberline Drive Evansdale, IA Pride of ownership shows throughout this one-owner, custom-built home! The home has 4 bedr...	4 beds \| 3 baths \| 3,472 sq.ft.	$499,000	Airbnb cash on cash: 1.07% Traditional cash on cash: 4.88% Airbnb Rental Income: $2021 Traditional Rental Income: $3273 Airbnb ROI: 1.07% Traditional ROI: 4.88%

Real Estate investment in Evansdale, IA

There are 19 properties for sale in the city of Evansdale . The median list price in Evansdale is $153,552 and the average price per square foot is $81. In November 2026, the average monthly cash on cash return in Evansdale is 9.00%. The average monthly rental income in Evansdale is $2,194.

Evansdale, IA Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 19 investment properties available for sale in Evansdale.

In 2026, the best neighborhood to buy investment property is Evansdale.

The ROI for Long-Term is higher than the Short-Term in Evansdale with average rental income of $2,194.

Your search for investment property begins and ends here

Investment Property for Sale in Evansdale, IA

127 Doyle Avenue

Evansdale, IA

4 beds | 3 baths | 2,500 sq.ft.

$329,400

Airbnb cash on cash: 2.21%

Traditional cash on cash: 7.44%

Airbnb Rental Income: $2021

Traditional Rental Income: $3117

Airbnb ROI: 2.21%

Traditional ROI: 7.44%

640 Hunter Drive

Evansdale, IA

5 beds | N/A baths | 2,571 sq.ft.

$425,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.46%

Airbnb Rental Income: $null

Traditional Rental Income: $2293

Airbnb ROI: N/A

Traditional ROI: 4.46%

1725 Timberline Drive

Evansdale, IA

4 beds | 3 baths | 3,927 sq.ft.

$520,000

Airbnb cash on cash: 1.78%

Traditional cash on cash: 5.23%

Airbnb Rental Income: $2021

Traditional Rental Income: $3174

Airbnb ROI: 1.78%

Traditional ROI: 5.23%

840 Grand Blvd

Evansdale, IA

5 beds | 3 baths | 2,446 sq.ft.

$424,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.16%

Airbnb Rental Income: $null

Traditional Rental Income: $3213

Airbnb ROI: N/A

Traditional ROI: 6.16%

562 Jones Road

Evansdale, IA

2 beds | 2 baths | 1,684 sq.ft.

$246,000

Airbnb cash on cash: 0.47%

Traditional cash on cash: 6.49%

Airbnb Rental Income: $1061

Traditional Rental Income: $2094

Airbnb ROI: 0.47%

Traditional ROI: 6.49%

507 3rd Street

Evansdale, IA

3 beds | 2 baths | 2,084 sq.ft.

$199,000

Airbnb cash on cash: 2.51%

Traditional cash on cash: 10.1%

Airbnb Rental Income: $1458

Traditional Rental Income: $2459

Airbnb ROI: 2.51%

Traditional ROI: 10.1%

1012 McCoy Road

Evansdale, IA

2 beds | 2 baths | 1,318 sq.ft.

$104,900

Airbnb cash on cash: 3.03%

Traditional cash on cash: 11.21%

Airbnb Rental Income: $1061

Traditional Rental Income: $1527

Airbnb ROI: 3.03%

Traditional ROI: 11.21%

219 COLLINS Avenue

Evansdale, IA

2 beds | 2 baths | 960 sq.ft.

$175,000

Airbnb cash on cash: 1.66%

Traditional cash on cash: 9.17%

Airbnb Rental Income: $1061

Traditional Rental Income: $1947

Airbnb ROI: 1.66%