Real Estate Investment Properties for Sale in Fairfax, IA

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
506 Meadow Oak Circle Fairfax, IA Welcome home to this beautifully maintained zero-entry condo designed for easy living and ...	3 beds \| 3 baths \| 2,400 sq.ft.	$289,000	Airbnb cash on cash: -0.32% Traditional cash on cash: 4.21% Airbnb Rental Income: $1241 Traditional Rental Income: $2079 Airbnb ROI: -0.32% Traditional ROI: 4.21%
150 W Cemetery Rd Fairfax, IA RARE FIND!!! Park like acreage in desirable Fairfax! The WOW factor starts with the large ...	4 beds \| 3 baths \| 2,921 sq.ft.	$559,000	Airbnb cash on cash: 0.15% Traditional cash on cash: 4.02% Airbnb Rental Income: $1857 Traditional Rental Income: $3380 Airbnb ROI: 0.15% Traditional ROI: 4.02%
1537 Deerfield Dr Fairfax, IA Not all new construction is created equal & this Fairfax home proves it. This home offers ...	5 beds \| 3 baths \| 1,691 sq.ft.	$550,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.41% Airbnb Rental Income: $null Traditional Rental Income: $2504 Airbnb ROI: N/A Traditional ROI: 3.41%
831 Heartland Court Fairfax, IA This above average home just might check all the boxes! Location- Backs up to green space,...	4 beds \| 3 baths \| 2,229 sq.ft.	$325,000	Airbnb cash on cash: 1.27% Traditional cash on cash: 8.13% Airbnb Rental Income: $1857 Traditional Rental Income: $3454 Airbnb ROI: 1.27% Traditional ROI: 8.13%
1536 Deerfield Drive Fairfax, IA Irie Homes Pre-Sold! More lots available in this highly desirable Heartland Heights neighb...	4 beds \| 3 baths \| 2,635 sq.ft.	$616,506	Airbnb cash on cash: 1.18% Traditional cash on cash: 4.61% Airbnb Rental Income: $1857 Traditional Rental Income: $3333 Airbnb ROI: 1.18% Traditional ROI: 4.61%
400 E Southview Road Fairfax, IA Acreage, only minutes from Cedar Rapids and interstate access, this sprawling ranch has ov...	2 beds \| 2 baths \| 2,578 sq.ft.	$317,500	Airbnb cash on cash: -1.5% Traditional cash on cash: 4.7% Airbnb Rental Income: $642 Traditional Rental Income: $2197 Airbnb ROI: -1.5% Traditional ROI: 4.7%
1523 Eagleview Drive Fairfax, IA This Irie Homes "Sage" walkout Floor Plan is well thought through! Split bedrooms with the...	5 beds \| 3 baths \| 2,667 sq.ft.	$649,716	Airbnb cash on cash: N/A Traditional cash on cash: 2.87% Airbnb Rental Income: $null Traditional Rental Income: $3381 Airbnb ROI: N/A Traditional ROI: 2.87%
910 Aster Ct Fairfax, IA Tucked away at the end of a quiet cul-de-sac in Fairfax, this beautifully maintained 4-bed...	4 beds \| 3 baths \| 1,844 sq.ft.	$489,900	Airbnb cash on cash: 0.36% Traditional cash on cash: 3.82% Airbnb Rental Income: $1857 Traditional Rental Income: $2948 Airbnb ROI: 0.36% Traditional ROI: 3.82%
407 Wildflower Dr Fairfax, IA Welcome to 407 Wildflower Dr in Fairfax, where thoughtful updates and small-town living co...	4 beds \| 3 baths \| 2,060 sq.ft.	$460,000	Airbnb cash on cash: 0.56% Traditional cash on cash: 4.33% Airbnb Rental Income: $1857 Traditional Rental Income: $2984 Airbnb ROI: 0.56% Traditional ROI: 4.33%

Real Estate investment in Fairfax, IA

There are 9 properties for sale in the city of Fairfax . The median list price in Fairfax is $444,670 and the average price per square foot is $189. In July 2026, the average monthly cash on cash return in Fairfax is 4.00%. The average monthly rental income in Fairfax is $2,984.

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

There are 9 investment properties available for sale in Fairfax.

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

The ROI for Short-Term is higher than the Long-Term in Fairfax with average rental income of $1,857.

Your search for investment property begins and ends here

Investment Property for Sale in Fairfax, IA

506 Meadow Oak Circle

Fairfax, IA

3 beds | 3 baths | 2,400 sq.ft.

$289,000

Airbnb cash on cash: -0.32%

Traditional cash on cash: 4.21%

Airbnb Rental Income: $1241

Traditional Rental Income: $2079

Airbnb ROI: -0.32%

Traditional ROI: 4.21%

150 W Cemetery Rd

Fairfax, IA

4 beds | 3 baths | 2,921 sq.ft.

$559,000

Airbnb cash on cash: 0.15%

Traditional cash on cash: 4.02%

Airbnb Rental Income: $1857

Traditional Rental Income: $3380

Airbnb ROI: 0.15%

Traditional ROI: 4.02%

1537 Deerfield Dr

Fairfax, IA

5 beds | 3 baths | 1,691 sq.ft.

$550,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.41%

Airbnb Rental Income: $null

Traditional Rental Income: $2504

Airbnb ROI: N/A

Traditional ROI: 3.41%

831 Heartland Court

Fairfax, IA

4 beds | 3 baths | 2,229 sq.ft.

$325,000

Airbnb cash on cash: 1.27%

Traditional cash on cash: 8.13%

Airbnb Rental Income: $1857

Traditional Rental Income: $3454

Airbnb ROI: 1.27%

Traditional ROI: 8.13%

1536 Deerfield Drive

Fairfax, IA

4 beds | 3 baths | 2,635 sq.ft.

$616,506

Airbnb cash on cash: 1.18%

Traditional cash on cash: 4.61%

Airbnb Rental Income: $1857

Traditional Rental Income: $3333

Airbnb ROI: 1.18%

Traditional ROI: 4.61%

400 E Southview Road

Fairfax, IA

2 beds | 2 baths | 2,578 sq.ft.

$317,500

Airbnb cash on cash: -1.5%

Traditional cash on cash: 4.7%

Airbnb Rental Income: $642

Traditional Rental Income: $2197

Airbnb ROI: -1.5%

Traditional ROI: 4.7%

1523 Eagleview Drive

Fairfax, IA

5 beds | 3 baths | 2,667 sq.ft.

$649,716

Airbnb cash on cash: N/A

Traditional cash on cash: 2.87%

Airbnb Rental Income: $null

Traditional Rental Income: $3381

Airbnb ROI: N/A

Traditional ROI: 2.87%

910 Aster Ct

Fairfax, IA

4 beds | 3 baths | 1,844 sq.ft.

$489,900

Airbnb cash on cash: 0.36%

Traditional cash on cash: 3.82%

Airbnb Rental Income: $1857

Traditional Rental Income: $2948

Airbnb ROI: 0.36%