Real Estate Investment Properties for Sale in Indianola, IA

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
410 E Ashland Avenue Indianola, IA Upwards potential 3-bedroom, 1-bath home in a desirable Indianola neighborhood! This prope...	3 beds \| 1 baths \| 1,011 sq.ft.	$125,000	Airbnb cash on cash: 3.09% Traditional cash on cash: 8.93% Airbnb Rental Income: $1148 Traditional Rental Income: $1471 Airbnb ROI: 3.09% Traditional ROI: 8.93%
307 N F Street Indianola, IA Solid ranch home with tons of living space. The main level has an oversized living and din...	3 beds \| 3 baths \| 1,132 sq.ft.	$165,000	Airbnb cash on cash: 1.57% Traditional cash on cash: 10.05% Airbnb Rental Income: $1148 Traditional Rental Income: $2103 Airbnb ROI: 1.57% Traditional ROI: 10.05%
308 N 18th Street Indianola, IA This lovingly cared for 3 bed 2 bath RANCH has the 3 car gar you need, upgraded window tre...	3 beds \| 2 baths \| 1,467 sq.ft.	$354,500	Airbnb cash on cash: -0.01% Traditional cash on cash: 4.17% Airbnb Rental Income: $1148 Traditional Rental Income: $2160 Airbnb ROI: -0.01% Traditional ROI: 4.17%
807 W Orchard Avenue Indianola, IA Welcome to this beautiful two-story home in Indianola's Heritage Hills development-perfect...	4 beds \| 3 baths \| 2,436 sq.ft.	$534,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.77% Airbnb Rental Income: $null Traditional Rental Income: $3001 Airbnb ROI: N/A Traditional ROI: 3.77%
1805 Country Club Road Indianola, IA Gorgeous custom home-larger than it seems w/2500+ tot fin sf (+800sf partial fin bsmt) on ...	3 beds \| 3 baths \| 1,732 sq.ft.	$502,500	Airbnb cash on cash: -0.8% Traditional cash on cash: 1.98% Airbnb Rental Income: $1148 Traditional Rental Income: $2072 Airbnb ROI: -0.8% Traditional ROI: 1.98%
1010 Caroline Terrace Indianola, IA This 3 bed/3 total bath home has many updates including a full kitchen renovation. This sp...	3 beds \| 3 baths \| 1,234 sq.ft.	$240,000	Airbnb cash on cash: 0.33% Traditional cash on cash: 5.6% Airbnb Rental Income: $1148 Traditional Rental Income: $1963 Airbnb ROI: 0.33% Traditional ROI: 5.6%
503 E 13th Place Indianola, IA Welcome to your new home on a quiet dead end street with beautiful views of tree lined yar...	4 beds \| 3 baths \| 1,692 sq.ft.	$330,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.7% Airbnb Rental Income: $null Traditional Rental Income: $2264 Airbnb ROI: N/A Traditional ROI: 4.7%
601 N 1st Street Indianola, IA Prime Investment Opportunity Near Simpson College & Indianola Square. This fully rented, i...	4 beds \| 2 baths \| 1,524 sq.ft.	$169,900	Airbnb cash on cash: N/A Traditional cash on cash: 11.06% Airbnb Rental Income: $null Traditional Rental Income: $2238 Airbnb ROI: N/A Traditional ROI: 11.06%
710 W 3rd Avenue Indianola, IA Charming 3-bedroom, 3-bath ranch located close to the college! This home features a partia...	3 beds \| 3 baths \| 1,500 sq.ft.	$242,000	Airbnb cash on cash: 0.06% Traditional cash on cash: 6.35% Airbnb Rental Income: $1148 Traditional Rental Income: $2208 Airbnb ROI: 0.06% Traditional ROI: 6.35%
1506 Apple Drive Indianola, IA Experience refined living in this meticulously renovated ranch, where every detail has bee...	4 beds \| 3 baths \| 1,401 sq.ft.	$349,999	Airbnb cash on cash: N/A Traditional cash on cash: 3.65% Airbnb Rental Income: $null Traditional Rental Income: $2104 Airbnb ROI: N/A Traditional ROI: 3.65%
7683 86th Lane Indianola, IA New Construction Scott Plan by Ground Breaker Homes on 2.06 acres lot in Vista Ridge, this...	5 beds \| 3 baths \| 1,817 sq.ft.	$699,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.58% Airbnb Rental Income: $null Traditional Rental Income: $2548 Airbnb ROI: N/A Traditional ROI: 2.58%
19447 Highway 69 Indianola, IA Looking for something with some space to "spread your wings"? Come take a look at this 2 b...	2 beds \| 2 baths \| 960 sq.ft.	$285,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.91% Airbnb Rental Income: $null Traditional Rental Income: $1636 Airbnb ROI: N/A Traditional ROI: 3.91%
508 N K Street Indianola, IA This 4 bdrm Ranch home is just waiting for you! Main level includes a large family room, 3...	4 beds \| 2 baths \| 1,008 sq.ft.	$222,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.57% Airbnb Rental Income: $null Traditional Rental Income: $1592 Airbnb ROI: N/A Traditional ROI: 4.57%
1306 W 13th Place Indianola, IA Introducing the Holliwell Floorplan by Ground Breaker Homes! A stunning new construction t...	4 beds \| 3 baths \| 2,223 sq.ft.	$529,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.81% Airbnb Rental Income: $null Traditional Rental Income: $2750 Airbnb ROI: N/A Traditional ROI: 2.81%
18170 79th Lane Indianola, IA BUYER BONUS! Sellers will include your choice of the lawn mower, ATV, or hot tub with an a...	4 beds \| 4 baths \| 2,005 sq.ft.	$688,999	Airbnb cash on cash: N/A Traditional cash on cash: 2.51% Airbnb Rental Income: $null Traditional Rental Income: $3092 Airbnb ROI: N/A Traditional ROI: 2.51%
311 N 19th Street Indianola, IA Welcome to this fan-favorite Cascade ranch plan by Jerry's Homes, offering the perfect ble...	3 beds \| 2 baths \| 1,474 sq.ft.	$374,990	Airbnb cash on cash: -0.68% Traditional cash on cash: 3.4% Airbnb Rental Income: $1148 Traditional Rental Income: $2203 Airbnb ROI: -0.68% Traditional ROI: 3.4%
313 N 19th Street Indianola, IA Ashton Park is one of Indianola's Fastest growing neighborhoods. On the east side of town ...	4 beds \| 3 baths \| 1,408 sq.ft.	$409,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.85% Airbnb Rental Income: $null Traditional Rental Income: $2182 Airbnb ROI: N/A Traditional ROI: 2.85%
305 N 19th Street Indianola, IA Located in Indianola's fastest-growing neighborhood Ashton Park. The Caldwell is a functio...	3 beds \| 3 baths \| 1,565 sq.ft.	$354,990	Airbnb cash on cash: -0.57% Traditional cash on cash: 4.22% Airbnb Rental Income: $1148 Traditional Rental Income: $2365 Airbnb ROI: -0.57% Traditional ROI: 4.22%
307 N 19th Street Indianola, IA Welcome to Copeland Ranch in Ashton Park - One of Indianola's Hottest New Neighborhoods! T...	3 beds \| 2 baths \| 1,427 sq.ft.	$359,990	Airbnb cash on cash: -0.6% Traditional cash on cash: 3.41% Airbnb Rental Income: $1148 Traditional Rental Income: $2123 Airbnb ROI: -0.6% Traditional ROI: 3.41%
510 W 2nd Avenue Indianola, IA This 4 bedroom 2 bath has had a great deal of updates and ready for new owners. Roof and w...	4 beds \| 2 baths \| 1,455 sq.ft.	$224,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.09% Airbnb Rental Income: $null Traditional Rental Income: $2086 Airbnb ROI: N/A Traditional ROI: 7.09%
1401 W 14th Avenue Indianola, IA Drive up & be impressed! Stunning contemporary black & white exterior & double door entry ...	5 beds \| 5 baths \| 2,245 sq.ft.	$635,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.16% Airbnb Rental Income: $null Traditional Rental Income: $3812 Airbnb ROI: N/A Traditional ROI: 4.16%
1506 W 6th Avenue Indianola, IA Tucked away on a peaceful dead-end street, this well-loved 3-bedroom, 2-bath home is ready...	3 beds \| 2 baths \| 964 sq.ft.	$205,000	Airbnb cash on cash: 1.01% Traditional cash on cash: 5.52% Airbnb Rental Income: $1148 Traditional Rental Income: $1646 Airbnb ROI: 1.01% Traditional ROI: 5.52%
2010 N 7th Street Indianola, IA Great one story home! The Hamilton by DR Horton on a daylight lot. This home features: kit...	4 beds \| 3 baths \| 1,495 sq.ft.	$345,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.53% Airbnb Rental Income: $null Traditional Rental Income: $2405 Airbnb ROI: N/A Traditional ROI: 4.53%
704 E Salem Avenue Indianola, IA A nicely updated home just a few blocks from the Indianola Middle School and High School. ...	3 beds \| 2 baths \| 1,479 sq.ft.	$235,000	Airbnb cash on cash: 1.17% Traditional cash on cash: 6.29% Airbnb Rental Income: $1148 Traditional Rental Income: $1906 Airbnb ROI: 1.17% Traditional ROI: 6.29%
1105 E Henderson Place Indianola, IA Step into this beautifully maintained 2-story home offering over 2,400 sq ft of flexible l...	4 beds \| 4 baths \| 2,429 sq.ft.	$324,999	Airbnb cash on cash: N/A Traditional cash on cash: 7.13% Airbnb Rental Income: $null Traditional Rental Income: $3095 Airbnb ROI: N/A Traditional ROI: 7.13%
1205 Lancaster Way Indianola, IA Tucked on a quiet cul-de-sac, this home shines with fresh updates and over 2,000 SF of fin...	5 beds \| 4 baths \| 2,038 sq.ft.	$384,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.03% Airbnb Rental Income: $null Traditional Rental Income: $3162 Airbnb ROI: N/A Traditional ROI: 6.03%
11838 S23 Highway Indianola, IA This acreage east of Indianola checks a lot of boxes: close to town, but not in town; pave...	5 beds \| 4 baths \| 2,418 sq.ft.	$689,400	Airbnb cash on cash: N/A Traditional cash on cash: 2.98% Airbnb Rental Income: $null Traditional Rental Income: $3255 Airbnb ROI: N/A Traditional ROI: 2.98%
13426 169th Lane Indianola, IA Where Luxury, Rural, and Convenience Meet: A Work of Art Warren County, Iowa Estate PC is ...	5 beds \| 6 baths \| 5,546 sq.ft.	$1,499,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.68% Airbnb Rental Income: $null Traditional Rental Income: $6756 Airbnb ROI: N/A Traditional ROI: 2.68%
7133 155th Avenue Indianola, IA Hard-to-find all-brick ranch on 8.61 scenic acres with timber, a 1-acre pond, and peaceful...	4 beds \| 4 baths \| 2,379 sq.ft.	$649,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.97% Airbnb Rental Income: $null Traditional Rental Income: $3075 Airbnb ROI: N/A Traditional ROI: 2.97%
1105 N Buxton Street Indianola, IA Updated 3BR (3rd bedroom currently used as dining space) ranch on the Northside of town, r...	3 beds \| 2 baths \| 1,040 sq.ft.	$244,900	Airbnb cash on cash: 0.72% Traditional cash on cash: 5.19% Airbnb Rental Income: $1148 Traditional Rental Income: $1801 Airbnb ROI: 0.72% Traditional ROI: 5.19%
405 N 20th Street Indianola, IA Ashton Park is one of Indianola's Fastest growing neighborhoods. On the east side of town ...	3 beds \| 2 baths \| 1,339 sq.ft.	$364,990	Airbnb cash on cash: -0.59% Traditional cash on cash: 3.26% Airbnb Rental Income: $1148 Traditional Rental Income: $2084 Airbnb ROI: -0.59% Traditional ROI: 3.26%
501 N 20th Street Indianola, IA he Lolo with Office - A Fast Favorite in Ashton Park! If you love natural light, this home...	3 beds \| 3 baths \| 1,797 sq.ft.	$389,990	Airbnb cash on cash: -0.71% Traditional cash on cash: 4.24% Airbnb Rental Income: $1148 Traditional Rental Income: $2577 Airbnb ROI: -0.71% Traditional ROI: 4.24%
303 N 19th Street Indianola, IA Welcome to Ashton Park, one of Indianola's fastest-growing neighborhoods! Nestled in the h...	4 beds \| 3 baths \| 1,809 sq.ft.	$374,990	Airbnb cash on cash: N/A Traditional cash on cash: 4.69% Airbnb Rental Income: $null Traditional Rental Income: $2642 Airbnb ROI: N/A Traditional ROI: 4.69%
7815 86th Lane Indianola, IA Ground Breaker Homes 24 Hour Sale - Custom Build	4 beds \| 3 baths \| 1,932 sq.ft.	$979,987	Airbnb cash on cash: N/A Traditional cash on cash: 0.36% Airbnb Rental Income: $null Traditional Rental Income: $2754 Airbnb ROI: N/A Traditional ROI: 0.36%
1105 N O Street Indianola, IA Double lot with mature landscaping that backs to trees and field. Spacious 3 Season room t...	3 beds \| 3 baths \| 1,797 sq.ft.	$389,900	Airbnb cash on cash: -0.86% Traditional cash on cash: 3.57% Airbnb Rental Income: $1148 Traditional Rental Income: $2387 Airbnb ROI: -0.86% Traditional ROI: 3.57%
1610 N G Street Indianola, IA Stunning 5 BR, 3 BA Walkout Ranch in coveted Heritage Hills is located on hard to find .69...	5 beds \| 3 baths \| 1,860 sq.ft.	$750,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.8% Airbnb Rental Income: $null Traditional Rental Income: $2794 Airbnb ROI: N/A Traditional ROI: 2.8%
509 N I Street Indianola, IA Looking for space? This home has it. Over 1.300 square feet including 3 bedrooms and 1.5 b...	3 beds \| 2 baths \| 1,334 sq.ft.	$239,900	Airbnb cash on cash: 0.47% Traditional cash on cash: 5.54% Airbnb Rental Income: $1148 Traditional Rental Income: $1917 Airbnb ROI: 0.47% Traditional ROI: 5.54%
106 W Franklin Avenue Indianola, IA Townhome Living in an Excellent Indianola Location - Across from Buxton Park & Simpson Col...	3 beds \| 2 baths \| 1,176 sq.ft.	$259,000	Airbnb cash on cash: 0.46% Traditional cash on cash: 4.66% Airbnb Rental Income: $1148 Traditional Rental Income: $1794 Airbnb ROI: 0.46% Traditional ROI: 4.66%
506 S Freeman Street Indianola, IA This charming 2-bedroom ranch offers affordability, comfort, and low-maintenance . The ove...	2 beds \| 1 baths \| 914 sq.ft.	$188,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.83% Airbnb Rental Income: $null Traditional Rental Income: $1523 Airbnb ROI: N/A Traditional ROI: 5.83%
7501 Onyx Trail Indianola, IA Welcome to your dream acreage retreat - perfectly set on over five scenic acres this beaut...	5 beds \| 5 baths \| 2,922 sq.ft.	$850,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.21% Airbnb Rental Income: $null Traditional Rental Income: $4306 Airbnb ROI: N/A Traditional ROI: 3.21%

Real Estate investment in Indianola, IA

There are 93 properties for sale in the city of Indianola . The median list price in Indianola is $348,950 and the average price per square foot is $207. In December 2025, the average monthly cash on cash return in Indianola is 4.00%. The average monthly rental income in Indianola is $2,201.

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

There are 93 investment properties available for sale in Indianola.

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

The ROI for Short-Term is higher than the Long-Term in Indianola with average rental income of $1,148.

Your search for investment property begins and ends here

Investment Property for Sale in Indianola, IA

410 E Ashland Avenue

Indianola, IA

3 beds | 1 baths | 1,011 sq.ft.

$125,000

Airbnb cash on cash: 3.09%

Traditional cash on cash: 8.93%

Airbnb Rental Income: $1148

Traditional Rental Income: $1471

Airbnb ROI: 3.09%

Traditional ROI: 8.93%

307 N F Street

Indianola, IA

3 beds | 3 baths | 1,132 sq.ft.

$165,000

Airbnb cash on cash: 1.57%

Traditional cash on cash: 10.05%

Airbnb Rental Income: $1148

Traditional Rental Income: $2103

Airbnb ROI: 1.57%

Traditional ROI: 10.05%

308 N 18th Street

Indianola, IA

3 beds | 2 baths | 1,467 sq.ft.

$354,500

Airbnb cash on cash: -0.01%

Traditional cash on cash: 4.17%

Airbnb Rental Income: $1148

Traditional Rental Income: $2160

Airbnb ROI: -0.01%

Traditional ROI: 4.17%

807 W Orchard Avenue

Indianola, IA

4 beds | 3 baths | 2,436 sq.ft.

$534,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.77%

Airbnb Rental Income: $null

Traditional Rental Income: $3001

Airbnb ROI: N/A

Traditional ROI: 3.77%

1805 Country Club Road

Indianola, IA

3 beds | 3 baths | 1,732 sq.ft.

$502,500

Airbnb cash on cash: -0.8%

Traditional cash on cash: 1.98%

Airbnb Rental Income: $1148

Traditional Rental Income: $2072

Airbnb ROI: -0.8%

Traditional ROI: 1.98%

1010 Caroline Terrace

Indianola, IA

3 beds | 3 baths | 1,234 sq.ft.

$240,000

Airbnb cash on cash: 0.33%

Traditional cash on cash: 5.6%

Airbnb Rental Income: $1148

Traditional Rental Income: $1963

Airbnb ROI: 0.33%

Traditional ROI: 5.6%

503 E 13th Place

Indianola, IA

4 beds | 3 baths | 1,692 sq.ft.

$330,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.7%

Airbnb Rental Income: $null

Traditional Rental Income: $2264

Airbnb ROI: N/A

Traditional ROI: 4.7%

601 N 1st Street

Indianola, IA

4 beds | 2 baths | 1,524 sq.ft.

$169,900

Airbnb cash on cash: N/A

Traditional cash on cash: 11.06%

Airbnb Rental Income: $null

Traditional Rental Income: $2238

Airbnb ROI: N/A