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
228 Oakwood Drive Evansdale, IA Nestled along a beautiful tree-lined street with peaceful timber views from the back deck,...	3 beds \| 2 baths \| 1,826 sq.ft.	$228,500	Airbnb cash on cash: 0.76% Traditional cash on cash: 8.61% Airbnb Rental Income: $1156 Traditional Rental Income: $2473 Airbnb ROI: 0.76% Traditional ROI: 8.61%
242 River Forest Rd Evansdale, IA Investor opportunity! This property is being offered at Public Auction on 06-19-2019. Visi...	4 beds \| 2 baths \| 1,528 sq.ft.	$189,500	Airbnb cash on cash: 4.33% Traditional cash on cash: 10.04% Airbnb Rental Income: $1685 Traditional Rental Income: $2243 Airbnb ROI: 4.33% Traditional ROI: 10.04%
242 River Forest Road Evansdale, IA Welcome home to this hard-to-find 4 bedroom, 1 3/4 bath ranch offering the convenience of ...	4 beds \| 2 baths \| 1,528 sq.ft.	$189,500	Airbnb cash on cash: 4.06% Traditional cash on cash: 10.87% Airbnb Rental Income: $1685 Traditional Rental Income: $2441 Airbnb ROI: 4.06% Traditional ROI: 10.87%
1205 Fran St Evansdale, IA Welcome to 1205 Fran St. in Evansdale, Iowa-this 2021-built ranch-style home is as good as...	5 beds \| 3 baths \| 2,286 sq.ft.	$394,500	Airbnb cash on cash: N/A Traditional cash on cash: 6.38% Airbnb Rental Income: $null Traditional Rental Income: $3238 Airbnb ROI: N/A Traditional ROI: 6.38%
4577 Lafayette Rd Evansdale, IA Welcome to this well-maintained home in a convenient Evansdale location! Situated on a mas...	3 beds \| 1 baths \| 988 sq.ft.	$134,900	Airbnb cash on cash: 3.08% Traditional cash on cash: 9.81% Airbnb Rental Income: $1156 Traditional Rental Income: $1646 Airbnb ROI: 3.08% Traditional ROI: 9.81%
127 Doyle Ave Evansdale, IA Welcome to this exceptional 2014 Built Evansdale home, where modern comfort, thoughtful de...	4 beds \| 2 baths \| 2,500 sq.ft.	$329,900	Airbnb cash on cash: 1.3% Traditional cash on cash: 7.43% Airbnb Rental Income: $1685 Traditional Rental Income: $3117 Airbnb ROI: 1.3% Traditional ROI: 7.43%
701 Evansdale Dr Evansdale, IA 701 Evansdale Dr, Evansdale, IA 50707 \| Other	N/A beds \| N/A baths \| N/A	$649,900	Airbnb cash on cash: N/A Traditional cash on cash: -1.44% Airbnb Rental Income: $null Traditional Rental Income: $769 Airbnb ROI: N/A Traditional ROI: -1.44%
30.66 Acres Mccoy Rd Evansdale, IA 30.66 Acres Mccoy Rd, Evansdale, IA 50707 \| Other	N/A beds \| N/A baths \| 1,818 sq.ft.	$390,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.97% Airbnb Rental Income: $null Traditional Rental Income: $2479 Airbnb ROI: N/A Traditional ROI: 3.97%
849 Hunter Dr Evansdale, IA 849 Hunter Dr, Evansdale, IA 50707 \| Single Family Residential	4 beds \| 3 baths \| 2,293 sq.ft.	$385,000	Airbnb cash on cash: 0.55% Traditional cash on cash: 5.46% Airbnb Rental Income: $1685 Traditional Rental Income: $2989 Airbnb ROI: 0.55% Traditional ROI: 5.46%
640 Hunter Dr Evansdale, IA Currently under construction Finding a quality built 5 bedroom home at this price point ...	5 beds \| 3 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 Dr 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: -0.25% Traditional cash on cash: 3.78% Airbnb Rental Income: $1685 Traditional Rental Income: $3174 Airbnb ROI: -0.25% Traditional ROI: 3.78%
309 Elaine Dr Evansdale, IA Single story 2 bedroom, one bath, unfinished basement property. Many recent updates. Overs...	2 beds \| 1 baths \| 902 sq.ft.	$154,900	Airbnb cash on cash: 0.13% Traditional cash on cash: 7.38% Airbnb Rental Income: $637 Traditional Rental Income: $1415 Airbnb ROI: 0.13% Traditional ROI: 7.38%
141 Heather Ave Evansdale, IA Passive solar home in Evansdale on a cul de sac street. 1120 square foot finished on the m...	3 beds \| 1 baths \| 1,620 sq.ft.	$179,500	Airbnb cash on cash: 1.82% Traditional cash on cash: 11.97% Airbnb Rental Income: $1156 Traditional Rental Income: $2508 Airbnb ROI: 1.82% Traditional ROI: 11.97%
850 Hunter Drive Evansdale, IA This was a pre-sold Skogman home. For comp purposes only. Photo is of a similar home.	2 beds \| 2 baths \| N/A	$308,250	Airbnb cash on cash: -1.69% Traditional cash on cash: 5.39% Airbnb Rental Income: $637 Traditional Rental Income: $2397 Airbnb ROI: -1.69% Traditional ROI: 5.39%
840 Grand Blvd Blvd Evansdale, IA Beautiful new home in Evandale featuring 5 bedrooms and 3 bathrooms. Thoughtfully designed...	5 beds \| 3 baths \| 2,452 sq.ft.	$429,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.71% Airbnb Rental Income: $null Traditional Rental Income: $3213 Airbnb ROI: N/A Traditional ROI: 6.71%
562 Jones Rd Evansdale, IA Welcome home to this move-in-ready split foyer that blends modern convenience with comfort...	2 beds \| 2 baths \| 1,684 sq.ft.	$259,999	Airbnb cash on cash: -0.96% Traditional cash on cash: 6.18% Airbnb Rental Income: $637 Traditional Rental Income: $2094 Airbnb ROI: -0.96% Traditional ROI: 6.18%
338 Norma Avenue Evansdale, IA Don't miss this darling, fully remodeled home that's ready for its next chapter! Thoughtfu...	2 beds \| 1 baths \| 860 sq.ft.	$145,000	Airbnb cash on cash: -0.48% Traditional cash on cash: 7.7% Airbnb Rental Income: $637 Traditional Rental Income: $1478 Airbnb ROI: -0.48% Traditional ROI: 7.7%
176 River Forest Rd Evansdale, IA Well-maintained 2-bedroom ranch offering comfortable living space in Evansdale. This charm...	2 beds \| 1 baths \| 1,370 sq.ft.	$169,900	Airbnb cash on cash: -0.66% Traditional cash on cash: 8.17% Airbnb Rental Income: $637 Traditional Rental Income: $1772 Airbnb ROI: -0.66% Traditional ROI: 8.17%
1705 Michigan Drive Evansdale, IA Designed with distinction! This spacious zero entry, three bedroom, two bathroom, ranch-st...	3 beds \| 2 baths \| 2,212 sq.ft.	$224,900	Airbnb cash on cash: 1.02% Traditional cash on cash: 9.02% Airbnb Rental Income: $1156 Traditional Rental Income: $2478 Airbnb ROI: 1.02% Traditional ROI: 9.02%
4109 Lafayette Rd Evansdale, IA Situated on an impressive 0.66 acre in-town lot, this charming two bedroom, one bathroom h...	2 beds \| 1 baths \| 880 sq.ft.	$145,000	Airbnb cash on cash: -0.44% Traditional cash on cash: 8.22% Airbnb Rental Income: $637 Traditional Rental Income: $1545 Airbnb ROI: -0.44% Traditional ROI: 8.22%
219 & 221 Collins Ave Evansdale, IA READY TO THINK OUTSIDE THE BOX? CHECK THIS OUT: PACKAGE PRICING ONLY: 2 PARCELS, 3 HOUSES ...	3 beds \| 3 baths \| 1,560 sq.ft.	$339,000	Airbnb cash on cash: 0.21% Traditional cash on cash: 5.93% Airbnb Rental Income: $1156 Traditional Rental Income: $2595 Airbnb ROI: 0.21% Traditional ROI: 5.93%
324 Brookside Ave Evansdale, IA Welcome to 324 Brookside Avenue in Evansdale-a spacious and affordable home offering over ...	4 beds \| 1 baths \| 1,550 sq.ft.	$134,900	Airbnb cash on cash: 6.14% Traditional cash on cash: 11.87% Airbnb Rental Income: $1685 Traditional Rental Income: $1958 Airbnb ROI: 6.14% Traditional ROI: 11.87%
602 E End Ave Evansdale, IA 602 E End Ave, Evansdale, IA 50707 \| Single Family Residential	2 beds \| 1 baths \| 768 sq.ft.	$152,000	Airbnb cash on cash: -0.83% Traditional cash on cash: 5.87% Airbnb Rental Income: $637 Traditional Rental Income: $1316 Airbnb ROI: -0.83% Traditional ROI: 5.87%
507 3rd St Evansdale, IA Here is a neat setting on this property!! Large deck overlooking the back yard. Wonderful ...	3 beds \| 2 baths \| 2,084 sq.ft.	$220,000	Airbnb cash on cash: 1% Traditional cash on cash: 9.08% Airbnb Rental Income: $1156 Traditional Rental Income: $2459 Airbnb ROI: 1% Traditional ROI: 9.08%
4237 Lafayette Rd Evansdale, IA 4237 Lafayette Rd, Evansdale, IA 50707 \| Single Family Residential	2 beds \| 1 baths \| 825 sq.ft.	$143,000	Airbnb cash on cash: -0.72% Traditional cash on cash: 6.79% Airbnb Rental Income: $637 Traditional Rental Income: $1371 Airbnb ROI: -0.72% Traditional ROI: 6.79%
4616 Lafayette Rd Evansdale, IA This property is almost a acre (.990M/L) plus next to vacant city owned lots makes this tr...	3 beds \| 1 baths \| 951 sq.ft.	$149,500	Airbnb cash on cash: 2.68% Traditional cash on cash: 9.27% Airbnb Rental Income: $1156 Traditional Rental Income: $1717 Airbnb ROI: 2.68% Traditional ROI: 9.27%
817 Jakob Lane Evansdale, IA Welcome home to this beautifully maintained 4-bedroom, 2-bath home where pride of ownershi...	4 beds \| 2 baths \| 1,894 sq.ft.	$295,000	Airbnb cash on cash: 2.12% Traditional cash on cash: 7.38% Airbnb Rental Income: $1685 Traditional Rental Income: $2676 Airbnb ROI: 2.12% Traditional ROI: 7.38%
433 Miner Dr Evansdale, IA 433 Miner Dr, Evansdale, IA 50707 \| Single Family Residential	3 beds \| 1 baths \| 1,429 sq.ft.	$215,000	Airbnb cash on cash: 0.8% Traditional cash on cash: 6.12% Airbnb Rental Income: $1156 Traditional Rental Income: $1858 Airbnb ROI: 0.8% Traditional ROI: 6.12%
421 Morrell Ave Evansdale, IA 421 Morrell Ave, Evansdale, IA 50707 \| Single Family Residential	2 beds \| 1 baths \| 687 sq.ft.	$135,000	Airbnb cash on cash: -0.62% Traditional cash on cash: 6.28% Airbnb Rental Income: $637 Traditional Rental Income: $1236 Airbnb ROI: -0.62% Traditional ROI: 6.28%
1012 Mccoy Rd Evansdale, IA 1012 Mccoy Rd, Evansdale, IA 50707 \| Single Family Residential	2 beds \| 1 baths \| 1,318 sq.ft.	$104,900	Airbnb cash on cash: -0.08% Traditional cash on cash: 11.57% Airbnb Rental Income: $637 Traditional Rental Income: $1527 Airbnb ROI: -0.08% Traditional ROI: 11.57%
744 Central Ave Evansdale, IA 744 Central Ave, Evansdale, IA 50707 \| Single Family Residential	2 beds \| 1 baths \| 837 sq.ft.	$120,000	Airbnb cash on cash: -0.38% Traditional cash on cash: 8.81% Airbnb Rental Income: $637 Traditional Rental Income: $1406 Airbnb ROI: -0.38% Traditional ROI: 8.81%
1115 Brookside Ave Evansdale, IA 1115 Brookside Ave, Evansdale, IA 50707 \| Single Family Residential	2 beds \| 1 baths \| 1,296 sq.ft.	$139,900	Airbnb cash on cash: -0.68% Traditional cash on cash: 8.2% Airbnb Rental Income: $637 Traditional Rental Income: $1534 Airbnb ROI: -0.68% Traditional ROI: 8.2%

Real Estate investment in Evansdale, IA

There are 32 properties for sale in the city of Evansdale . The median list price in Evansdale is $157,906 and the average price per square foot is $102. In August 2026, the average monthly cash on cash return in Evansdale is 8.00%. The average monthly rental income in Evansdale is $1,772.

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

There are 32 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 $1,772.

Your search for investment property begins and ends here

Investment Property for Sale in Evansdale, IA

228 Oakwood Drive

Evansdale, IA

3 beds | 2 baths | 1,826 sq.ft.

$228,500

Airbnb cash on cash: 0.76%

Traditional cash on cash: 8.61%

Airbnb Rental Income: $1156

Traditional Rental Income: $2473

Airbnb ROI: 0.76%

Traditional ROI: 8.61%

242 River Forest Rd

Evansdale, IA

4 beds | 2 baths | 1,528 sq.ft.

$189,500

Airbnb cash on cash: 4.33%

Traditional cash on cash: 10.04%

Airbnb Rental Income: $1685

Traditional Rental Income: $2243

Airbnb ROI: 4.33%

Traditional ROI: 10.04%

242 River Forest Road

Evansdale, IA

4 beds | 2 baths | 1,528 sq.ft.

$189,500

Airbnb cash on cash: 4.06%

Traditional cash on cash: 10.87%

Airbnb Rental Income: $1685

Traditional Rental Income: $2441

Airbnb ROI: 4.06%

Traditional ROI: 10.87%

1205 Fran St

Evansdale, IA

5 beds | 3 baths | 2,286 sq.ft.

$394,500

Airbnb cash on cash: N/A

Traditional cash on cash: 6.38%

Airbnb Rental Income: $null

Traditional Rental Income: $3238

Airbnb ROI: N/A

Traditional ROI: 6.38%

4577 Lafayette Rd

Evansdale, IA

3 beds | 1 baths | 988 sq.ft.

$134,900

Airbnb cash on cash: 3.08%

Traditional cash on cash: 9.81%

Airbnb Rental Income: $1156

Traditional Rental Income: $1646

Airbnb ROI: 3.08%

Traditional ROI: 9.81%

127 Doyle Ave

Evansdale, IA

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

$329,900

Airbnb cash on cash: 1.3%

Traditional cash on cash: 7.43%

Airbnb Rental Income: $1685

Traditional Rental Income: $3117

Airbnb ROI: 1.3%

Traditional ROI: 7.43%

701 Evansdale Dr

Evansdale, IA

N/A beds | N/A baths | N/A

$649,900

Airbnb cash on cash: N/A

Traditional cash on cash: -1.44%

Airbnb Rental Income: $null

Traditional Rental Income: $769

Airbnb ROI: N/A

Traditional ROI: -1.44%

30.66 Acres Mccoy Rd

Evansdale, IA

N/A beds | N/A baths | 1,818 sq.ft.

$390,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.97%

Airbnb Rental Income: $null

Traditional Rental Income: $2479

Airbnb ROI: N/A