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 \| 3,018 sq.ft.	$399,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.87% Airbnb Rental Income: $null Traditional Rental Income: $3072 Airbnb ROI: N/A Traditional ROI: 5.87%
1508 Southview Cir Fairfield, IA This home is truly move-in ready! Recent updates in 2024 include new flooring throughout, ...	3 beds \| 2 baths \| 1,806 sq.ft.	$170,000	Airbnb cash on cash: 8.4% Traditional cash on cash: 6.68% Airbnb Rental Income: $2455 Traditional Rental Income: $1579 Airbnb ROI: 8.4% Traditional ROI: 6.68%
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%
2151 185Th Street #8 Fairfield, IA This beautiful home offers a unique opportunity to live in the self-sustaining community o...	4 beds \| 2 baths \| 1,585 sq.ft.	$298,000	Airbnb cash on cash: N/A Traditional cash on cash: 4% Airbnb Rental Income: $null Traditional Rental Income: $2059 Airbnb ROI: N/A Traditional ROI: 4%
1009 Southview Drive Fairfield, IA Cathedral style ceilings and lots of natural light gives this unique ranch home a very spa...	3 beds \| 2 baths \| 1,206 sq.ft.	$194,500	Airbnb cash on cash: 6.97% Traditional cash on cash: 6.39% Airbnb Rental Income: $2455 Traditional Rental Income: $1750 Airbnb ROI: 6.97% Traditional ROI: 6.39%
807 E Burlington Avenue Fairfield, IA This charming Victorian-era home features classic high ceilings, beautifully refinished ha...	3 beds \| 2 baths \| 1,680 sq.ft.	$169,000	Airbnb cash on cash: 8.51% Traditional cash on cash: 9.21% Airbnb Rental Income: $2455 Traditional Rental Income: $1970 Airbnb ROI: 8.51% Traditional ROI: 9.21%
702 N B Street Fairfield, IA Four bedroom home with beautifully updated kitchen with new stainless steel gas stove and ...	4 beds \| 1 baths \| 1,290 sq.ft.	$164,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.16% Airbnb Rental Income: $null Traditional Rental Income: $1699 Airbnb ROI: N/A Traditional ROI: 8.16%
500 E Broadway Avenue Fairfield, IA Don't miss this charming, affordable 3 bed / 2 bath home nestled close to the high school ...	3 beds \| 2 baths \| 1,495 sq.ft.	$179,000	Airbnb cash on cash: 7.64% Traditional cash on cash: 8.76% Airbnb Rental Income: $2455 Traditional Rental Income: $2049 Airbnb ROI: 7.64% Traditional ROI: 8.76%
305 W Jefferson Avenue Fairfield, IA Welcome to your move-in-ready home! This charming 3-bedroom, 3-bathroom house is perfect f...	3 beds \| 3 baths \| 1,308 sq.ft.	$190,000	Airbnb cash on cash: 7.8% Traditional cash on cash: 8.9% Airbnb Rental Income: $2455 Traditional Rental Income: $2055 Airbnb ROI: 7.8% Traditional ROI: 8.9%
2140 Jade Lane Fairfield, IA Lovely and well cared for townhome in the desirable North Campus Village. Built in 2017. S...	2 beds \| 2 baths \| 1,113 sq.ft.	$185,000	Airbnb cash on cash: 1.4% Traditional cash on cash: 7.12% Airbnb Rental Income: $1335 Traditional Rental Income: $1929 Airbnb ROI: 1.4% Traditional ROI: 7.12%
810 S 2Nd Street Fairfield, IA Gorgeous East facing home, desirably located on South 2nd St. Full of Natural light! Many ...	3 beds \| 2 baths \| 1,531 sq.ft.	$229,000	Airbnb cash on cash: 5.76% Traditional cash on cash: 5.76% Airbnb Rental Income: $2455 Traditional Rental Income: $1858 Airbnb ROI: 5.76% Traditional ROI: 5.76%
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.	$233,500	Airbnb cash on cash: 5.33% Traditional cash on cash: 6.06% Airbnb Rental Income: $2455 Traditional Rental Income: $2019 Airbnb ROI: 5.33% Traditional ROI: 6.06%
2104 Jade Lane Fairfield, IA Lovely MSV town home with deck and garage! Upgrades include all stainless steel appliances...	2 beds \| 2 baths \| 1,104 sq.ft.	$183,500	Airbnb cash on cash: 1.25% Traditional cash on cash: 6.72% Airbnb Rental Income: $1335 Traditional Rental Income: $1878 Airbnb ROI: 1.25% Traditional ROI: 6.72%
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.	$325,800	Airbnb cash on cash: N/A Traditional cash on cash: 2.94% Airbnb Rental Income: $null Traditional Rental Income: $1721 Airbnb ROI: N/A Traditional ROI: 2.94%
2114 Sapphire Lane Fairfield, IA Come see this desirable end unit townhome in lovely North Campus Village. The living room ...	2 beds \| 2 baths \| 1,104 sq.ft.	$165,000	Airbnb cash on cash: 1.79% Traditional cash on cash: 8% Airbnb Rental Income: $1335 Traditional Rental Income: $1902 Airbnb ROI: 1.79% Traditional ROI: 8%
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.	$333,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.21% Airbnb Rental Income: $null Traditional Rental Income: $2163 Airbnb ROI: N/A Traditional ROI: 4.21%
2503 Glasgow Road Fairfield, IA PRICE FURTHER REDUCED TO $250,000! BEAUTIFUL COUNTRY HOME only eight minutes hard surface ...	3 beds \| 4 baths \| 1,976 sq.ft.	$250,000	Airbnb cash on cash: 5.52% Traditional cash on cash: 10.16% Airbnb Rental Income: $2455 Traditional Rental Income: $2951 Airbnb ROI: 5.52% Traditional ROI: 10.16%
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: 4.49% Traditional cash on cash: 8.95% Airbnb Rental Income: $1335 Traditional Rental Income: $1480 Airbnb ROI: 4.49% Traditional ROI: 8.95%
1100 W Hempstead Fairfield, IA This desirable ranch home has been totally renovated with a new roof, new central AC, a ne...	2 beds \| 1 baths \| 790 sq.ft.	$137,000	Airbnb cash on cash: 4.55% Traditional cash on cash: 7.18% Airbnb Rental Income: $1335 Traditional Rental Income: $1269 Airbnb ROI: 4.55% Traditional ROI: 7.18%
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%
122 S Main Street Fairfield, IA Own this triplex right off the square and be on the pulse of downtown Fairfield action! Th...	N/A beds \| N/A baths \| 1,980 sq.ft.	$165,000	Airbnb cash on cash: 0.62% Traditional cash on cash: 7.52% Airbnb Rental Income: $863 Traditional Rental Income: $1617 Airbnb ROI: 0.62% Traditional ROI: 7.52%
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%
1007 S Main Street Fairfield, IA Quaint 2-bedroom home in great condition. Original wood flooring is in great condition. Mo...	2 beds \| 1 baths \| 840 sq.ft.	$129,500	Airbnb cash on cash: 4.45% Traditional cash on cash: 8.54% Airbnb Rental Income: $1335 Traditional Rental Income: $1433 Airbnb ROI: 4.45% Traditional ROI: 8.54%
701 E Lowe Avenue #211 Fairfield, IA NEW CARPETS & NEW WINDOWS & INCLUDES GARAGE & STORAGE SPACE. Main-level entry into this e...	4 beds \| 2 baths \| 2,688 sq.ft.	$138,500	Airbnb cash on cash: N/A Traditional cash on cash: 10.6% Airbnb Rental Income: $null Traditional Rental Income: $2171 Airbnb ROI: N/A Traditional ROI: 10.6%
51 E Broadway #203 #203 Fairfield, IA Sleek, stylish, & one-of-a-kindâwelcome to 51 E Broadway, a fully renovated gem in the h...	1 beds \| 1 baths \| 620 sq.ft.	$220,000	Airbnb cash on cash: -0.42% Traditional cash on cash: 4.33% Airbnb Rental Income: $751 Traditional Rental Income: $1426 Airbnb ROI: -0.42% Traditional ROI: 4.33%
1000 Pleasant Plain Road #201 Fairfield, IA This spacious 2-bed, 1-bath condo offers the perfect blend of comfort, convenience, and na...	2 beds \| 1 baths \| 1,026 sq.ft.	$169,000	Airbnb cash on cash: 1.81% Traditional cash on cash: 5.12% Airbnb Rental Income: $1335 Traditional Rental Income: $1456 Airbnb ROI: 1.81% Traditional ROI: 5.12%
205 E Fillmore Avenue Fairfield, IA Step inside to a spacious and inviting living area, where large windows flood the space wi...	3 beds \| 2 baths \| 1,178 sq.ft.	$207,500	Airbnb cash on cash: 6.6% Traditional cash on cash: 6.52% Airbnb Rental Income: $2455 Traditional Rental Income: $1840 Airbnb ROI: 6.6% Traditional ROI: 6.52%
704 W Fillmore Avenue Fairfield, IA Close to 2,500 sq ft of finished living space in this 3+1 bedroom ranch style home with fe...	4 beds \| 2 baths \| 2,484 sq.ft.	$195,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.04% Airbnb Rental Income: $null Traditional Rental Income: $2109 Airbnb ROI: N/A Traditional ROI: 8.04%
106 Forest Drive Fairfield, IA You will appreciate this well-maintained home overlooking Forest Park. Main level feature...	3 beds \| 2 baths \| 1,584 sq.ft.	$179,900	Airbnb cash on cash: 7.9% Traditional cash on cash: 10.8% Airbnb Rental Income: $2455 Traditional Rental Income: $2353 Airbnb ROI: 7.9% Traditional ROI: 10.8%
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%
2101 Silverlakes Circle Fairfield, IA Nestled in the desirable Silverlakes Subdivision, this charming 4-bedroom, 3-bathroom Cape...	4 beds \| 3 baths \| 2,363 sq.ft.	$324,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.08% Airbnb Rental Income: $null Traditional Rental Income: $2777 Airbnb ROI: N/A Traditional ROI: 6.08%
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%
2159 S 32Nd Street Fairfield, IA If you're looking for peaceful living with room to roam, this 4-bedroom, 3-bathroom acreag...	4 beds \| 3 baths \| 1,711 sq.ft.	$459,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.46% Airbnb Rental Income: $null Traditional Rental Income: $2354 Airbnb ROI: N/A Traditional ROI: 3.46%
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: 4.61% Traditional cash on cash: 5.3% Airbnb Rental Income: $2455 Traditional Rental Income: $2043 Airbnb ROI: 4.61% 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: 5.57% Traditional cash on cash: 9.07% Airbnb Rental Income: $1335 Traditional Rental Income: $1296 Airbnb ROI: 5.57% Traditional ROI: 9.07%
408 N D #H-3 Street Fairfield, IA This beautifully updated condo is move-in ready and waiting for you to enjoy carefree livi...	2 beds \| 1 baths \| 850 sq.ft.	$84,000	Airbnb cash on cash: 5.19% Traditional cash on cash: 10.3% Airbnb Rental Income: $1335 Traditional Rental Income: $1345 Airbnb ROI: 5.19% Traditional ROI: 10.3%
300 W Washington Avenue Fairfield, IA This lovingly cared-for Victorian home offers the perfect blend of historic elegance and t...	4 beds \| 2 baths \| 2,506 sq.ft.	$197,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.14% Airbnb Rental Income: $null Traditional Rental Income: $2452 Airbnb ROI: N/A Traditional ROI: 10.14%
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.	$312,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.67% Airbnb Rental Income: $null Traditional Rental Income: $2573 Airbnb ROI: N/A Traditional ROI: 5.67%
502 E Burlington Avenue Fairfield, IA You MUST SEE the many features of this beautiful historic Fairfield home! Stained and lead...	4 beds \| 2 baths \| 2,761 sq.ft.	$250,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.87% Airbnb Rental Income: $null Traditional Rental Income: $2451 Airbnb ROI: N/A Traditional ROI: 7.87%

Real Estate investment in Fairfield, IA

There are 79 properties for sale in the city of Fairfield . The median list price in Fairfield is $189,950 and the average price per square foot is $117. In September 2025, the average monthly cash on cash return in Fairfield is 8.00%. The average monthly rental income in Fairfield is $1,901.

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

There are 79 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 $1,901.

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 | 3,018 sq.ft.

$399,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.87%

Airbnb Rental Income: $null

Traditional Rental Income: $3072

Airbnb ROI: N/A

Traditional ROI: 5.87%

1508 Southview Cir

Fairfield, IA

3 beds | 2 baths | 1,806 sq.ft.

$170,000

Airbnb cash on cash: 8.4%

Traditional cash on cash: 6.68%

Airbnb Rental Income: $2455

Traditional Rental Income: $1579

Airbnb ROI: 8.4%

Traditional ROI: 6.68%

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%

2151 185Th Street #8

Fairfield, IA

4 beds | 2 baths | 1,585 sq.ft.

$298,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4%

Airbnb Rental Income: $null

Traditional Rental Income: $2059

Airbnb ROI: N/A

Traditional ROI: 4%

1009 Southview Drive

Fairfield, IA

3 beds | 2 baths | 1,206 sq.ft.

$194,500

Airbnb cash on cash: 6.97%

Traditional cash on cash: 6.39%

Airbnb Rental Income: $2455

Traditional Rental Income: $1750

Airbnb ROI: 6.97%

Traditional ROI: 6.39%

807 E Burlington Avenue

Fairfield, IA

3 beds | 2 baths | 1,680 sq.ft.

$169,000

Airbnb cash on cash: 8.51%

Traditional cash on cash: 9.21%

Airbnb Rental Income: $2455

Traditional Rental Income: $1970

Airbnb ROI: 8.51%

Traditional ROI: 9.21%

702 N B Street

Fairfield, IA

4 beds | 1 baths | 1,290 sq.ft.

$164,000

Airbnb cash on cash: N/A

Traditional cash on cash: 8.16%

Airbnb Rental Income: $null

Traditional Rental Income: $1699

Airbnb ROI: N/A

Traditional ROI: 8.16%

500 E Broadway Avenue

Fairfield, IA

3 beds | 2 baths | 1,495 sq.ft.

$179,000

Airbnb cash on cash: 7.64%

Traditional cash on cash: 8.76%

Airbnb Rental Income: $2455

Traditional Rental Income: $2049

Airbnb ROI: 7.64%