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: 6.73% Airbnb Rental Income: $null Traditional Rental Income: $3072 Airbnb ROI: N/A Traditional ROI: 6.73%
105 E Lincoln Ave Fairfield, IA Be sure to check out this townhouse with 1,260 square feet of living space. Built in 2017...	2 beds \| 2 baths \| 1,260 sq.ft.	$251,900	Airbnb cash on cash: -0.5% Traditional cash on cash: 1.65% Airbnb Rental Income: $1029 Traditional Rental Income: $1181 Airbnb ROI: -0.5% Traditional ROI: 1.65%
905 S 5Th Street Fairfield, IA Ask around and you'll quickly learn that a Kurka-built home is always one worth considerin...	3 beds \| 2 baths \| 1,518 sq.ft.	$235,000	Airbnb cash on cash: 7.07% Traditional cash on cash: 5.66% Airbnb Rental Income: $2926 Traditional Rental Income: $1936 Airbnb ROI: 7.07% Traditional ROI: 5.66%
500 N Main Street Fairfield, IA Triplex located near campus and Everybody's. Covered porch and nice entry area. Main level...	N/A beds \| N/A baths \| 3,276 sq.ft.	$169,000	Airbnb cash on cash: -1.24% Traditional cash on cash: 4.55% Airbnb Rental Income: $577 Traditional Rental Income: $1226 Airbnb ROI: -1.24% Traditional ROI: 4.55%
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.	$199,500	Airbnb cash on cash: 9.16% Traditional cash on cash: 2.75% Airbnb Rental Income: $2926 Traditional Rental Income: $1036 Airbnb ROI: 9.16% Traditional ROI: 2.75%
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. You'll love the original...	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%
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.	$115,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.41% Airbnb Rental Income: $null Traditional Rental Income: $1068 Airbnb ROI: N/A Traditional ROI: 6.41%
2114 Sapphire Lane Fairfield, IA North end unit with views of the garden boxes & private deck. Upgrades include stainless s...	2 beds \| 2 baths \| 1,104 sq.ft.	$170,000	Airbnb cash on cash: 0.05% Traditional cash on cash: 7.67% Airbnb Rental Income: $1029 Traditional Rental Income: $1902 Airbnb ROI: 0.05% Traditional ROI: 7.67%
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.	$324,500	Airbnb cash on cash: N/A Traditional cash on cash: 4.34% Airbnb Rental Income: $null Traditional Rental Income: $2163 Airbnb ROI: N/A Traditional ROI: 4.34%
505 W Jefferson Avenue Fairfield, IA Affordable living on a quiet street just a few blocks from the square! Many updates includ...	2 beds \| 1 baths \| 992 sq.ft.	$125,000	Airbnb cash on cash: 2.56% Traditional cash on cash: 9.3% Airbnb Rental Income: $1029 Traditional Rental Income: $1480 Airbnb ROI: 2.56% Traditional ROI: 9.3%
2105 Silverlakes Circle Fairfield, IA PRICE REDUCED BY $50,000. 2-STORY HIGH QUALITY HOME. Over 3,800 sq. ft. 4 bedrooms, 3 bath...	4 beds \| 3 baths \| 3,843 sq.ft.	$549,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.33% Airbnb Rental Income: $null Traditional Rental Income: $2929 Airbnb ROI: N/A Traditional ROI: 2.33%
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: -0.87% Traditional cash on cash: 4.62% Airbnb Rental Income: $1029 Traditional Rental Income: $2128 Airbnb ROI: -0.87% Traditional ROI: 4.62%
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: -2.94% Traditional cash on cash: 3.11% Airbnb Rental Income: $577 Traditional Rental Income: $1993 Airbnb ROI: -2.94% Traditional ROI: 3.11%
1100 University Manor Drive B22 #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%
52 E Golden Lane Fairfield, IA Three-bedroom, 2-bath home right on MUM Campus! This bright and welcoming home offers a th...	3 beds \| 2 baths \| 1,850 sq.ft.	$249,000	Airbnb cash on cash: 5.65% Traditional cash on cash: 4.98% Airbnb Rental Income: $2926 Traditional Rental Income: $2093 Airbnb ROI: 5.65% 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%
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%
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%
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 well-maintained home nestled on a spacious tree-lined lot in Glenview Circ...	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 #2 Fairfield, IA RARE OPPORTUNITY: LARGE ONE-STORY VASTU TOWNHOUSE WITH GARAGE in a quiet location in the d...	3 beds \| 2 baths \| 1,221 sq.ft.	$199,000	Airbnb cash on cash: 8.25% Traditional cash on cash: 6.89% Airbnb Rental Income: $2926 Traditional Rental Income: $1992 Airbnb ROI: 8.25% Traditional ROI: 6.89%
602 W Jefferson Avenue Fairfield, IA View this 2 bedroom, 1 bathroom bungalow that is near shopping and dining options. The hom...	2 beds \| 1 baths \| 902 sq.ft.	$115,000	Airbnb cash on cash: 3.36% Traditional cash on cash: 10.77% Airbnb Rental Income: $1029 Traditional Rental Income: $1491 Airbnb ROI: 3.36% Traditional ROI: 10.77%
203 S D Street Fairfield, IA Hardwood floors throughout this 2-bedroom / 1-bath home. Enclosed entry steps into the kit...	2 beds \| 1 baths \| 1,084 sq.ft.	$124,900	Airbnb cash on cash: 2.56% Traditional cash on cash: 10.89% Airbnb Rental Income: $1029 Traditional Rental Income: $1671 Airbnb ROI: 2.56% Traditional ROI: 10.89%
1845 Crystal Springs Lane Fairfield, IA Spacious and cozy vastu home located in Vedic City close to Padmavani Lake and the walking...	3 beds \| 3 baths \| 2,759 sq.ft.	$375,000	Airbnb cash on cash: 3.81% Traditional cash on cash: 5.23% Airbnb Rental Income: $2926 Traditional Rental Income: $2750 Airbnb ROI: 3.81% Traditional ROI: 5.23%
1000 N B Street Fairfield, IA Discover the perfect blend of comfort, style, and functionality in this stunning single-le...	4 beds \| 4 baths \| 2,352 sq.ft.	$675,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.97% Airbnb Rental Income: $null Traditional Rental Income: $2824 Airbnb ROI: N/A Traditional ROI: 1.97%
207 W Jefferson Avenue Fairfield, IA Charming and spacious home featuring 4 bedrooms and 2 full baths in the main house, plus a...	5 beds \| 3 baths \| 2,103 sq.ft.	$215,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.62% Airbnb Rental Income: $null Traditional Rental Income: $2705 Airbnb ROI: N/A Traditional ROI: 10.62%
2000 Mansion Drive Fairfield, IA Discover this exceptional Vastu property with over 5,000 sq. ft. of elegantly appointed lu...	5 beds \| 4 baths \| 5,021 sq.ft.	$549,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.85% Airbnb Rental Income: $null Traditional Rental Income: $3754 Airbnb ROI: N/A Traditional ROI: 3.85%
510 Belaire Drive Fairfield, IA Don't miss this beautiful, fully renovated 3-bedroom/2-bathroom ranch home located in the ...	3 beds \| 3 baths \| 2,506 sq.ft.	$365,000	Airbnb cash on cash: 4.38% Traditional cash on cash: 5.83% Airbnb Rental Income: $2926 Traditional Rental Income: $2746 Airbnb ROI: 4.38% Traditional ROI: 5.83%
2142 Diamond Lane Fairfield, IA Lovely Townhome in the beautiful and quiet North Campus Village. Located on the edge of th...	2 beds \| 2 baths \| 1,292 sq.ft.	$179,000	Airbnb cash on cash: 0.65% Traditional cash on cash: 8.86% Airbnb Rental Income: $1029 Traditional Rental Income: $2068 Airbnb ROI: 0.65% Traditional ROI: 8.86%
204 Southgate Circle D #D Fairfield, IA Step into this bright and inviting 2 bed, 2 bath condo featuring large windows that fill t...	2 beds \| 2 baths \| 1,132 sq.ft.	$225,000	Airbnb cash on cash: -0.44% Traditional cash on cash: 4.44% Airbnb Rental Income: $1029 Traditional Rental Income: $1708 Airbnb ROI: -0.44% Traditional ROI: 4.44%
705 N Court St Fairfield, IA This restored freshly painted Home offers many options. Built in 1959 many upgrades have t...	4 beds \| 2 baths \| 1,179 sq.ft.	$149,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.42% Airbnb Rental Income: $null Traditional Rental Income: $1933 Airbnb ROI: N/A Traditional ROI: 10.42%
1101 S 8Th Street Fairfield, IA This charming 3-bedroom, 1.75-bathroom property offers a spacious layout that is ideal for...	3 beds \| 2 baths \| 1,800 sq.ft.	$205,000	Airbnb cash on cash: 8.46% Traditional cash on cash: 7.91% Airbnb Rental Income: $2926 Traditional Rental Income: $2142 Airbnb ROI: 8.46% Traditional ROI: 7.91%

Real Estate investment in Fairfield, IA

There are 57 properties for sale in the city of Fairfield . The median list price in Fairfield is $469,995 and the average price per square foot is $235. In January 2026, the average monthly cash on cash return in Fairfield is 7.00%. The average monthly rental income in Fairfield is $1,845.

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

There are 57 investment properties available for sale in Fairfield.

In 2026, 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 $1,845.

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: 6.73%

Airbnb Rental Income: $null

Traditional Rental Income: $3072

Airbnb ROI: N/A

Traditional ROI: 6.73%

105 E Lincoln Ave

Fairfield, IA

2 beds | 2 baths | 1,260 sq.ft.

$251,900

Airbnb cash on cash: -0.5%

Traditional cash on cash: 1.65%

Airbnb Rental Income: $1029

Traditional Rental Income: $1181

Airbnb ROI: -0.5%

Traditional ROI: 1.65%

905 S 5Th Street

Fairfield, IA

3 beds | 2 baths | 1,518 sq.ft.

$235,000

Airbnb cash on cash: 7.07%

Traditional cash on cash: 5.66%

Airbnb Rental Income: $2926

Traditional Rental Income: $1936

Airbnb ROI: 7.07%

Traditional ROI: 5.66%

500 N Main Street

Fairfield, IA

N/A beds | N/A baths | 3,276 sq.ft.

$169,000

Airbnb cash on cash: -1.24%

Traditional cash on cash: 4.55%

Airbnb Rental Income: $577

Traditional Rental Income: $1226

Airbnb ROI: -1.24%

Traditional ROI: 4.55%

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%