Real Estate Investment Properties for Sale in Fairfield, IA

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1961 Sunrise Drive Fairfield, IA Early Vastu design home in Forest Lake neighborhood (formerly Devi Nagar) built by the lat...	5 beds \| 3 baths \| 2,718 sq.ft.	$359,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.7% Airbnb Rental Income: $null Traditional Rental Income: $3072 Airbnb ROI: N/A Traditional ROI: 6.7%
401 E Broadway Avenue Fairfield, IA Beautiful classic 4 bedroom home with original wood trim and oak floors on main level. Tal...	4 beds \| 1 baths \| 1,871 sq.ft.	$180,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.21% Airbnb Rental Income: $null Traditional Rental Income: $1565 Airbnb ROI: N/A Traditional ROI: 6.21%
1961 Libertyville Road Fairfield, IA Distinguished two-story residence on 1.06 acres m/l of mature landscaping and serene surro...	3 beds \| 3 baths \| 2,896 sq.ft.	$379,000	Airbnb cash on cash: 3.9% Traditional cash on cash: 4.86% Airbnb Rental Income: $2926 Traditional Rental Income: $2593 Airbnb ROI: 3.9% Traditional ROI: 4.86%
1407 Dogwood Drive Fairfield, IA Welcome to this updated 4-bedoom, 2.5 bath residence ideally situated near Fairfield Middl...	4 beds \| 3 baths \| 2,240 sq.ft.	$349,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.35% Airbnb Rental Income: $null Traditional Rental Income: $2653 Airbnb ROI: N/A Traditional ROI: 5.35%
203 E Monroe Avenue Fairfield, IA This home offers 2 spacious bedrooms and a 3/4 bathroom, all conveniently located on the m...	2 beds \| 1 baths \| 1,080 sq.ft.	$117,500	Airbnb cash on cash: 2.59% Traditional cash on cash: 10.78% Airbnb Rental Income: $1029 Traditional Rental Income: $1598 Airbnb ROI: 2.59% Traditional ROI: 10.78%
2259 Glasgow Road Fairfield, IA Welcome to this stunning 4-bedroom, 3-bathroom home nestled on 3 acres of countryside, off...	4 beds \| 3 baths \| 1,738 sq.ft.	$399,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.92% Airbnb Rental Income: $null Traditional Rental Income: $1845 Airbnb ROI: N/A Traditional ROI: 2.92%
1005 S 5Th Street Fairfield, IA Check off your wish list with this charming 3-bedroom ranch-style home, offering 1,500 squ...	3 beds \| 2 baths \| 1,500 sq.ft.	$215,000	Airbnb cash on cash: 7.78% Traditional cash on cash: 6.65% Airbnb Rental Income: $2926 Traditional Rental Income: $2019 Airbnb ROI: 7.78% Traditional ROI: 6.65%
606 S 2nd Street Fairfield, IA This east facing home is freshly painted inside and out, with new decks in the front and i...	3 beds \| 2 baths \| 1,446 sq.ft.	$209,500	Airbnb cash on cash: 8.69% Traditional cash on cash: 2.58% Airbnb Rental Income: $2926 Traditional Rental Income: $1036 Airbnb ROI: 8.69% Traditional ROI: 2.58%
2008 Libertyville Rd Fairfield, IA This enchanting home with 3690 square feet is located on a paved road, minutes from town. ...	4 beds \| 4 baths \| 5,190 sq.ft.	$698,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.68% Airbnb Rental Income: $null Traditional Rental Income: $2501 Airbnb ROI: N/A Traditional ROI: 1.68%
301 N 6Th Street Fairfield, IA This well-maintained home is full of character and move-in ready. Youâll love the origin...	2 beds \| 1 baths \| 980 sq.ft.	$135,000	Airbnb cash on cash: 2.72% Traditional cash on cash: 9.52% Airbnb Rental Income: $1029 Traditional Rental Income: $1551 Airbnb ROI: 2.72% Traditional ROI: 9.52%
1525 Lone Oak Circle Fairfield, IA Beautiful 4-bedroom, 4 Bathroom home in the lovely Park Place on a 1/2 Acre lot. Welcome t...	4 beds \| 4 baths \| 2,000 sq.ft.	$299,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.28% Airbnb Rental Income: $null Traditional Rental Income: $1721 Airbnb ROI: N/A Traditional ROI: 3.28%
309 E Lowe Avenue Fairfield, IA Great Investment Property - Come see this 4-bedroom home featuring an additional non-confo...	4 beds \| 2 baths \| 1,672 sq.ft.	$120,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.11% Airbnb Rental Income: $null Traditional Rental Income: $1068 Airbnb ROI: N/A Traditional ROI: 6.11%
1007 W Stone Avenue Fairfield, IA Charming and well-maintained home located on a quiet street near the heart of Fairfield. T...	2 beds \| 1 baths \| 806 sq.ft.	$100,000	Airbnb cash on cash: 3.11% Traditional cash on cash: 11.47% Airbnb Rental Income: $1029 Traditional Rental Income: $1482 Airbnb ROI: 3.11% Traditional ROI: 11.47%
2114 Sapphire Lane Fairfield, IA Lovely end unit with views of the garden. Enjoy many upgrades including stainless steel ap...	2 beds \| 2 baths \| 1,104 sq.ft.	$165,000	Airbnb cash on cash: 0.08% Traditional cash on cash: 7.92% Airbnb Rental Income: $1029 Traditional Rental Income: $1902 Airbnb ROI: 0.08% Traditional ROI: 7.92%
102 Forest Drive Fairfield, IA Charming 4 bedroom home that is ready for a home and garden magazine & overlooks Forest Pa...	4 beds \| 3 baths \| 2,196 sq.ft.	$329,500	Airbnb cash on cash: N/A Traditional cash on cash: 4.26% Airbnb Rental Income: $null Traditional Rental Income: $2163 Airbnb ROI: N/A Traditional ROI: 4.26%
2503 Glasgow Road Fairfield, IA COUNTRY LIVING OPPORTUNITY. PRICE FURTHER REDUCED TO $229,000! BEAUTIFUL HOME only eight m...	3 beds \| 4 baths \| 1,976 sq.ft.	$229,000	Airbnb cash on cash: 7.92% Traditional cash on cash: 11.16% Airbnb Rental Income: $2926 Traditional Rental Income: $2951 Airbnb ROI: 7.92% Traditional ROI: 11.16%
505 W Jefferson Avenue Fairfield, IA RECENTLY UPDATED Nice affordable 2 bedroom home one non-conforming room. Large fenced back...	2 beds \| 1 baths \| 992 sq.ft.	$129,500	Airbnb cash on cash: 2.44% Traditional cash on cash: 8.95% Airbnb Rental Income: $1029 Traditional Rental Income: $1480 Airbnb ROI: 2.44% Traditional ROI: 8.95%
2105 Silverlakes Circle Fairfield, IA 2-STORY HIGH QUALITY HOME. Over 3,800 sq. ft. 4 bedrooms, 3 bathrooms, multiple custom cat...	4 beds \| 3 baths \| 3,843 sq.ft.	$599,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.06% Airbnb Rental Income: $null Traditional Rental Income: $2929 Airbnb ROI: N/A Traditional ROI: 2.06%
1523 HWY 1 Fairfield, IA This Maharishi Vastu log home offers elegance and country living combined, located on 3 ac...	5 beds \| 5 baths \| 5,129 sq.ft.	$709,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.87% Airbnb Rental Income: $null Traditional Rental Income: $4704 Airbnb ROI: N/A Traditional ROI: 4.87%
201 E Lincoln Ave Fairfield, IA Very nice well built duplex on a quiet street. Open floor plan with large bedrooms and clo...	2 beds \| 2 baths \| 1,516 sq.ft.	$282,500	Airbnb cash on cash: N/A Traditional cash on cash: 5.26% Airbnb Rental Income: $null Traditional Rental Income: $2128 Airbnb ROI: N/A Traditional ROI: 5.26%
903 E Burlington Avenue Fairfield, IA This well cared for property is an absolute GEM. Upon entry you will appreciate all of the...	4 beds \| 3 baths \| 1,802 sq.ft.	$239,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.06% Airbnb Rental Income: $null Traditional Rental Income: $2432 Airbnb ROI: N/A Traditional ROI: 8.06%
2050 Sapphire Lane Fairfield, IA This high quality duplex in beloved North Campus Village is one of the best finds in the n...	N/A beds \| N/A baths \| 2,276 sq.ft.	$299,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.11% Airbnb Rental Income: $null Traditional Rental Income: $1993 Airbnb ROI: N/A Traditional ROI: 3.11%
2286 Glasgow Road Fairfield, IA Discovered the perfect blend of space, comfort, and convenience with this beautifully upda...	3 beds \| 2 baths \| 1,649 sq.ft.	$289,900	Airbnb cash on cash: 6.05% Traditional cash on cash: 5.3% Airbnb Rental Income: $2926 Traditional Rental Income: $2043 Airbnb ROI: 6.05% Traditional ROI: 5.3%
1100 University Manor Drive #B22 Fairfield, IA This well maintained 2 bedroom 1 bath condo is located on the MIU campus in the 1100 Unive...	2 beds \| 1 baths \| 767 sq.ft.	$110,000	Airbnb cash on cash: 1.87% Traditional cash on cash: 7.77% Airbnb Rental Income: $1029 Traditional Rental Income: $1296 Airbnb ROI: 1.87% Traditional ROI: 7.77%
803 S Main Street Fairfield, IA Wonderful family home with 3.5 acres of serene, park-like grounds, all on one level! With...	5 beds \| 2 baths \| 2,823 sq.ft.	$275,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.55% Airbnb Rental Income: $null Traditional Rental Income: $2573 Airbnb ROI: N/A Traditional ROI: 6.55%
502 E Burlington Avenue Fairfield, IA HUGE PRICE REDUCTION!!! You MUST SEE the many features of this beautiful historic Fairfiel...	4 beds \| 2 baths \| 2,761 sq.ft.	$199,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.07% Airbnb Rental Income: $null Traditional Rental Income: $2451 Airbnb ROI: N/A Traditional ROI: 10.07%
52 E Golden Lane Fairfield, IA Do not miss this rare opportunity to own a 3-bedroom, 2-bath home right on MUM Campus! Th...	3 beds \| 2 baths \| 1,850 sq.ft.	$249,000	Airbnb cash on cash: 5.64% Traditional cash on cash: 4.98% Airbnb Rental Income: $2926 Traditional Rental Income: $2093 Airbnb ROI: 5.64% Traditional ROI: 4.98%
201 E Kirkwood Avenue Fairfield, IA This beautiful and iconic Victorian style home, set on a large corner lot, is located righ...	4 beds \| 2 baths \| 2,150 sq.ft.	$189,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.94% Airbnb Rental Income: $null Traditional Rental Income: $2334 Airbnb ROI: N/A Traditional ROI: 9.94%
1521 Lone Oak Circle Fairfield, IA REDUCED! Big and Beautiful. Almost 4,000 Sq. ft. of finished living space. Nestled in a ne...	5 beds \| 4 baths \| 2,774 sq.ft.	$430,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.97% Airbnb Rental Income: $null Traditional Rental Income: $3231 Airbnb ROI: N/A Traditional ROI: 4.97%
1201 S 5th Street Fairfield, IA Welcome to this well-maintained 4-bedroom, 2-bathroom split-level home situated on a spaci...	4 beds \| 2 baths \| 2,090 sq.ft.	$264,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.23% Airbnb Rental Income: $null Traditional Rental Income: $2470 Airbnb ROI: N/A Traditional ROI: 7.23%
1612 Dogwood Drive Fairfield, IA This spacious and updated, east facing home offers a perfect blend of comfort, style, & fu...	5 beds \| 3 baths \| 2,528 sq.ft.	$279,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.05% Airbnb Rental Income: $null Traditional Rental Income: $2888 Airbnb ROI: N/A Traditional ROI: 8.05%
2142 Garnet Lane Fairfield, IA Come see this bright, beautiful 2 bedroom, 2 bath townhome with high ceilings, and lots of...	2 beds \| 2 baths \| 1,311 sq.ft.	$241,000	Airbnb cash on cash: -0.91% Traditional cash on cash: 5.78% Airbnb Rental Income: $1029 Traditional Rental Income: $2193 Airbnb ROI: -0.91% Traditional ROI: 5.78%
120 S Main Street Fairfield, IA This property is a fantastic opportunity for any business owner or investor wanting to be ...	4 beds \| 4 baths \| 2,968 sq.ft.	$250,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.93% Airbnb Rental Income: $null Traditional Rental Income: $3169 Airbnb ROI: N/A Traditional ROI: 10.93%
1009 S 4Th Street Fairfield, IA Charming and functional - this ranch style home features two-bedrooms, one bath, + a bonus...	2 beds \| 1 baths \| 1,019 sq.ft.	$129,000	Airbnb cash on cash: 1.94% Traditional cash on cash: 8.18% Airbnb Rental Income: $1029 Traditional Rental Income: $1442 Airbnb ROI: 1.94% Traditional ROI: 8.18%
603 S 4Th Street Fairfield, IA Comfortable spacious home on a nice street with a private fenced in yard. Full of light wi...	3 beds \| 2 baths \| 1,773 sq.ft.	$182,000	Airbnb cash on cash: 9.9% Traditional cash on cash: 8.79% Airbnb Rental Income: $2926 Traditional Rental Income: $2058 Airbnb ROI: 9.9% Traditional ROI: 8.79%
2190 125Th Street Fairfield, IA Discover the perfect blend of modern convenience and rural charm with this beautifully rem...	3 beds \| 2 baths \| 1,018 sq.ft.	$249,000	Airbnb cash on cash: 7.99% Traditional cash on cash: 5.67% Airbnb Rental Income: $2926 Traditional Rental Income: $1703 Airbnb ROI: 7.99% Traditional ROI: 5.67%
408 E Broadway Avenue Fairfield, IA Nice & well-maintained 2-bedroom/1-bath ranch home centrally located in Fairfield. This h...	2 beds \| 1 baths \| 1,020 sq.ft.	$122,000	Airbnb cash on cash: 2.42% Traditional cash on cash: 10.81% Airbnb Rental Income: $1029 Traditional Rental Income: $1655 Airbnb ROI: 2.42% Traditional ROI: 10.81%
1980 Libertyville Road Fairfield, IA Set back on 5.83 this 3-bedroom, 3-bathroom home offers county living right outside Fairfi...	3 beds \| 3 baths \| 1,540 sq.ft.	$440,000	Airbnb cash on cash: 3.17% Traditional cash on cash: 3.25% Airbnb Rental Income: $2926 Traditional Rental Income: $2284 Airbnb ROI: 3.17% Traditional ROI: 3.25%
1203 Glenview Circle Fairfield, IA Welcome to this beautifully maintained 2-story Colonial-style home nestled on a spacious t...	4 beds \| 3 baths \| 2,066 sq.ft.	$309,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.24% Airbnb Rental Income: $null Traditional Rental Income: $2618 Airbnb ROI: N/A Traditional ROI: 6.24%
2040 Sapphire Lane #2 Fairfield, IA Step inside this solidly built custom condo showcasing high ceilings, an open-concept layo...	2 beds \| 2 baths \| 1,221 sq.ft.	$208,000	Airbnb cash on cash: -0.16% Traditional cash on cash: 6.55% Airbnb Rental Income: $1029 Traditional Rental Income: $1992 Airbnb ROI: -0.16% Traditional ROI: 6.55%

Real Estate investment in Fairfield, IA

There are 55 properties for sale in the city of Fairfield . The median list price in Fairfield is $209,500 and the average price per square foot is $108. In December 2025, the average monthly cash on cash return in Fairfield is 7.00%. The average monthly rental income in Fairfield is $2,040.

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

There are 55 investment properties available for sale in Fairfield.

In 2025, the best neighborhood to buy investment property is Fairfield.

The ROI for Long-Term is higher than the Short-Term in Fairfield with average rental income of $2,040.

Your search for investment property begins and ends here

Investment Property for Sale in Fairfield, IA

1961 Sunrise Drive

Fairfield, IA

5 beds | 3 baths | 2,718 sq.ft.

$359,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.7%

Airbnb Rental Income: $null

Traditional Rental Income: $3072

Airbnb ROI: N/A

Traditional ROI: 6.7%

401 E Broadway Avenue

Fairfield, IA

4 beds | 1 baths | 1,871 sq.ft.

$180,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.21%

Airbnb Rental Income: $null

Traditional Rental Income: $1565

Airbnb ROI: N/A

Traditional ROI: 6.21%

1961 Libertyville Road

Fairfield, IA

3 beds | 3 baths | 2,896 sq.ft.

$379,000

Airbnb cash on cash: 3.9%

Traditional cash on cash: 4.86%

Airbnb Rental Income: $2926

Traditional Rental Income: $2593

Airbnb ROI: 3.9%

Traditional ROI: 4.86%

1407 Dogwood Drive

Fairfield, IA

4 beds | 3 baths | 2,240 sq.ft.

$349,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.35%

Airbnb Rental Income: $null

Traditional Rental Income: $2653

Airbnb ROI: N/A

Traditional ROI: 5.35%

203 E Monroe Avenue

Fairfield, IA

2 beds | 1 baths | 1,080 sq.ft.

$117,500

Airbnb cash on cash: 2.59%

Traditional cash on cash: 10.78%

Airbnb Rental Income: $1029

Traditional Rental Income: $1598

Airbnb ROI: 2.59%

Traditional ROI: 10.78%

2259 Glasgow Road

Fairfield, IA

4 beds | 3 baths | 1,738 sq.ft.

$399,900

Airbnb cash on cash: N/A

Traditional cash on cash: 2.92%

Airbnb Rental Income: $null

Traditional Rental Income: $1845

Airbnb ROI: N/A

Traditional ROI: 2.92%

1005 S 5Th Street

Fairfield, IA

3 beds | 2 baths | 1,500 sq.ft.

$215,000

Airbnb cash on cash: 7.78%

Traditional cash on cash: 6.65%

Airbnb Rental Income: $2926

Traditional Rental Income: $2019

Airbnb ROI: 7.78%

Traditional ROI: 6.65%

606 S 2nd Street

Fairfield, IA

3 beds | 2 baths | 1,446 sq.ft.

$209,500

Airbnb cash on cash: 8.69%

Traditional cash on cash: 2.58%

Airbnb Rental Income: $2926

Traditional Rental Income: $1036

Airbnb ROI: 8.69%