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
113 S H Street Indianola, IA This beautifully maintained 4-bedroom, 2-bath ranch delivers space, style, and thoughtful ...	4 beds \| 2 baths \| 1,209 sq.ft.	$280,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.62% Airbnb Rental Income: $null Traditional Rental Income: $1674 Airbnb ROI: N/A Traditional ROI: 3.62%
1008 Robin Glen Drive Indianola, IA You guys, this home has ALL the space, ALL the character, and ALL the things you are looki...	4 beds \| 3 baths \| 1,645 sq.ft.	$315,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.99% Airbnb Rental Income: $null Traditional Rental Income: $2277 Airbnb ROI: N/A Traditional ROI: 4.99%
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.	$349,900	Airbnb cash on cash: 0.02% Traditional cash on cash: 4.24% Airbnb Rental Income: $1155 Traditional Rental Income: $2160 Airbnb ROI: 0.02% Traditional ROI: 4.24%
501 E 1st Avenue Indianola, IA Spacious 2-story home located in one of Indianola's historic neighborhoods, just minutes f...	4 beds \| 3 baths \| 2,009 sq.ft.	$270,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.31% Airbnb Rental Income: $null Traditional Rental Income: $2770 Airbnb ROI: N/A Traditional ROI: 8.31%
827 Trail Ridge Road Indianola, IA One of the BEST views of Indianola Golf Club just became available! Situated off Hole #10,...	3 beds \| 3 baths \| 1,416 sq.ft.	$449,900	Airbnb cash on cash: -0.76% Traditional cash on cash: 1.56% Airbnb Rental Income: $1155 Traditional Rental Income: $1748 Airbnb ROI: -0.76% Traditional ROI: 1.56%
2107 W 4th Avenue Indianola, IA RARE opportunity to own a stunning 3-bedroom ranch walk-out townhome with a non-conforming...	3 beds \| 3 baths \| 1,440 sq.ft.	$264,999	Airbnb cash on cash: -0.56% Traditional cash on cash: 4.71% Airbnb Rental Income: $1155 Traditional Rental Income: $2092 Airbnb ROI: -0.56% Traditional ROI: 4.71%
821 Trail Ridge Road Indianola, IA All information obtained from seller and public record.	2 beds \| 2 baths \| 1,690 sq.ft.	$429,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.29% Airbnb Rental Income: $null Traditional Rental Income: $2342 Airbnb ROI: N/A Traditional ROI: 3.29%
1804 E Euclid Avenue Indianola, IA Welcome home to this bright and inviting two-story in Indianola, offering a functional lay...	3 beds \| 3 baths \| 1,690 sq.ft.	$335,000	Airbnb cash on cash: 0.65% Traditional cash on cash: 5.04% Airbnb Rental Income: $1155 Traditional Rental Income: $2156 Airbnb ROI: 0.65% Traditional ROI: 5.04%
1511 W Franklin Avenue Indianola, IA There aren't many residential in town lots over 1 acre in size. If you love that kind of s...	4 beds \| 5 baths \| 1,930 sq.ft.	$509,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.69% Airbnb Rental Income: $null Traditional Rental Income: $2466 Airbnb ROI: N/A Traditional ROI: 2.69%
605 S Jefferson Way Indianola, IA Welcome to this charming and spacious home in the heart of Indianola, offering the perfect...	4 beds \| 3 baths \| 1,849 sq.ft.	$265,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.06% Airbnb Rental Income: $null Traditional Rental Income: $2157 Airbnb ROI: N/A Traditional ROI: 6.06%
601 N 12th Street Indianola, IA This home offers a nice open concept with an updated kitchen and baths. Enjoy the large fe...	4 beds \| 3 baths \| 1,220 sq.ft.	$299,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.18% Airbnb Rental Income: $null Traditional Rental Income: $1945 Airbnb ROI: N/A Traditional ROI: 4.18%
1600 E Euclid Avenue Indianola, IA Space, comfort, and location come together beautifully at 1600 E Euclid Ave in Indianola's...	4 beds \| 3 baths \| 1,847 sq.ft.	$308,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.68% Airbnb Rental Income: $null Traditional Rental Income: $2114 Airbnb ROI: N/A Traditional ROI: 4.68%
1701 E Girard Avenue Indianola, IA With over 2,392+ finished square feet, step into this beautifully maintained resale home f...	5 beds \| 3 baths \| 1,792 sq.ft.	$395,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.57% Airbnb Rental Income: $null Traditional Rental Income: $2259 Airbnb ROI: N/A Traditional ROI: 4.57%
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.	$275,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.08% Airbnb Rental Income: $null Traditional Rental Income: $1636 Airbnb ROI: N/A Traditional ROI: 4.08%
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%
2319 N 9th Court Indianola, IA Fully custom walk-out ranch built in 2021 by New Era Homes, ideally situated on a quiet cu...	4 beds \| 3 baths \| 1,903 sq.ft.	$734,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.16% Airbnb Rental Income: $null Traditional Rental Income: $2544 Airbnb ROI: N/A Traditional ROI: 2.16%
901 N B Street Indianola, IA Beautifully restored 1930 Tudor in the heart of downtown Indianola, just minutes from the ...	3 beds \| 2 baths \| 1,857 sq.ft.	$349,900	Airbnb cash on cash: -0.06% Traditional cash on cash: 4.88% Airbnb Rental Income: $1155 Traditional Rental Income: $2397 Airbnb ROI: -0.06% Traditional ROI: 4.88%
1213 N 7th Street Indianola, IA Two-story home located on a quiet street in a desirable area with fenced backyard and deck...	3 beds \| 4 baths \| 1,631 sq.ft.	$320,000	Airbnb cash on cash: -0.17% Traditional cash on cash: 4.79% Airbnb Rental Income: $1155 Traditional Rental Income: $2268 Airbnb ROI: -0.17% Traditional ROI: 4.79%
305 N 19th Street Indianola, IA BUILDER PROMOTION FEATURED ON THIS HOME - $8,000 in total incentives to be used for rate b...	3 beds \| 3 baths \| 1,565 sq.ft.	$354,990	Airbnb cash on cash: -0.55% Traditional cash on cash: 4.22% Airbnb Rental Income: $1155 Traditional Rental Income: $2365 Airbnb ROI: -0.55% 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: -0.58% Traditional cash on cash: 3.41% Airbnb Rental Income: $1155 Traditional Rental Income: $2123 Airbnb ROI: -0.58% Traditional ROI: 3.41%
1504 W Jackson Avenue Indianola, IA Welcome home to this well maintained 1.5-story residence located on a cul-de-sac, this hom...	3 beds \| 3 baths \| 1,488 sq.ft.	$350,000	Airbnb cash on cash: -0.32% Traditional cash on cash: 3.71% Airbnb Rental Income: $1155 Traditional Rental Income: $2101 Airbnb ROI: -0.32% Traditional ROI: 3.71%
7291 70th Avenue Indianola, IA 16.80 acres of timber, pasture, and established food plots offer exceptional privacy just ...	5 beds \| 3 baths \| 1,920 sq.ft.	$899,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.68% Airbnb Rental Income: $null Traditional Rental Income: $3123 Airbnb ROI: N/A Traditional ROI: 1.68%
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.	$233,000	Airbnb cash on cash: 1.21% Traditional cash on cash: 6.35% Airbnb Rental Income: $1155 Traditional Rental Income: $1906 Airbnb ROI: 1.21% Traditional ROI: 6.35%
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.	$322,499	Airbnb cash on cash: N/A Traditional cash on cash: 7.19% Airbnb Rental Income: $null Traditional Rental Income: $3095 Airbnb ROI: N/A Traditional ROI: 7.19%
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.	$374,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.2% Airbnb Rental Income: $null Traditional Rental Income: $3162 Airbnb ROI: N/A Traditional ROI: 6.2%
312 N J Street Indianola, IA Situated on a .26-acre corner lot with mature surroundings, this home has charm and countl...	2 beds \| 1 baths \| 1,026 sq.ft.	$249,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.09% Airbnb Rental Income: $null Traditional Rental Income: $1572 Airbnb ROI: N/A Traditional ROI: 4.09%
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.	$1,449,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.72% Airbnb Rental Income: $null Traditional Rental Income: $6756 Airbnb ROI: N/A Traditional ROI: 2.72%
501 N 20th Street Indianola, IA BUILDER PROMOTION FEATURED ON THIS HOME - $8,000 in total incentives to be used for rate b...	3 beds \| 3 baths \| 1,797 sq.ft.	$389,990	Airbnb cash on cash: -0.69% Traditional cash on cash: 4.24% Airbnb Rental Income: $1155 Traditional Rental Income: $2577 Airbnb ROI: -0.69% Traditional ROI: 4.24%
303 N 19th Street Indianola, IA BUILDER PROMOTION FEATURED ON THIS HOME - $8,000 in total incentives to be used for rate b...	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%
13069 Garst Trail Indianola, IA Prepare to say WOW when you see this remarkable acreage in just south of town. This home s...	4 beds \| 3 baths \| 1,536 sq.ft.	$675,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.86% Airbnb Rental Income: $null Traditional Rental Income: $2325 Airbnb ROI: N/A Traditional ROI: 1.86%
7501 Onyx Trail Indianola, IA Welcome to your dream acreage living nestled on over five scenic acres with a large out-bu...	5 beds \| 5 baths \| 2,922 sq.ft.	$844,998	Airbnb cash on cash: N/A Traditional cash on cash: 3.23% Airbnb Rental Income: $null Traditional Rental Income: $4306 Airbnb ROI: N/A Traditional ROI: 3.23%
5444 154th Avenue Indianola, IA 24 hr sale.	4 beds \| 4 baths \| 2,877 sq.ft.	$508,550	Airbnb cash on cash: N/A Traditional cash on cash: 5.3% Airbnb Rental Income: $null Traditional Rental Income: $3431 Airbnb ROI: N/A Traditional ROI: 5.3%
9418 Nevada Street Indianola, IA Beautiful custom ranch on 10.05 acres, less than 10 minutes from Indianola. The main floor...	4 beds \| 3 baths \| 1,956 sq.ft.	$650,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.97% Airbnb Rental Income: $null Traditional Rental Income: $2537 Airbnb ROI: N/A Traditional ROI: 1.97%
410 N 1st Street unit: 104 Indianola, IA Check out this rare find - spacious 2 bedroom ground floor condo. This 50+ secure building...	2 beds \| 2 baths \| 1,156 sq.ft.	$168,500	Airbnb cash on cash: N/A Traditional cash on cash: 7.9% Airbnb Rental Income: $null Traditional Rental Income: $1766 Airbnb ROI: N/A Traditional ROI: 7.9%
15999 Fulton Street Indianola, IA With only a 24 minute drive to downtown Des Moines, come explore the 24 acres that this 3 ...	3 beds \| 2 baths \| 1,468 sq.ft.	$690,000	Airbnb cash on cash: -0.46% Traditional cash on cash: 1.33% Airbnb Rental Income: $1155 Traditional Rental Income: $1931 Airbnb ROI: -0.46% Traditional ROI: 1.33%
16359 Kennedy Street Indianola, IA Located just minutes east of Indianola, this newly constructed custom home sits on 2.20 ac...	3 beds \| 4 baths \| 1,813 sq.ft.	$599,000	Airbnb cash on cash: -1.34% Traditional cash on cash: 2.21% Airbnb Rental Income: $1155 Traditional Rental Income: $2759 Airbnb ROI: -1.34% Traditional ROI: 2.21%
1401 N 6th Street unit: 8 Indianola, IA Welcome Home! This end unit townhome features 1/2 acre lot. Convientianally located on the...	3 beds \| 3 baths \| 1,380 sq.ft.	$215,000	Airbnb cash on cash: 0.88% Traditional cash on cash: 8.28% Airbnb Rental Income: $1155 Traditional Rental Income: $2281 Airbnb ROI: 0.88% Traditional ROI: 8.28%
1107 Ann Parkway Indianola, IA Welcome to Ann Pkwy! A neighborhood full of charm, mature trees, and where no two homes lo...	3 beds \| 2 baths \| 1,376 sq.ft.	$199,900	Airbnb cash on cash: 0.9% Traditional cash on cash: 7.1% Airbnb Rental Income: $1155 Traditional Rental Income: $1949 Airbnb ROI: 0.9% Traditional ROI: 7.1%

Real Estate investment in Indianola, IA

There are 91 properties for sale in the city of Indianola . The median list price in Indianola is $349,900 and the average price per square foot is $218. In March 2026, the average monthly cash on cash return in Indianola is 4.00%. The average monthly rental income in Indianola is $2,157.

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

There are 91 investment properties available for sale in Indianola.

In 2026, 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 $1,155.

Your search for investment property begins and ends here

Investment Property for Sale in Indianola, IA

113 S H Street

Indianola, IA

4 beds | 2 baths | 1,209 sq.ft.

$280,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.62%

Airbnb Rental Income: $null

Traditional Rental Income: $1674

Airbnb ROI: N/A

Traditional ROI: 3.62%

1008 Robin Glen Drive

Indianola, IA

4 beds | 3 baths | 1,645 sq.ft.

$315,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.99%

Airbnb Rental Income: $null

Traditional Rental Income: $2277

Airbnb ROI: N/A

Traditional ROI: 4.99%

308 N 18th Street

Indianola, IA

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

$349,900

Airbnb cash on cash: 0.02%

Traditional cash on cash: 4.24%

Airbnb Rental Income: $1155

Traditional Rental Income: $2160

Airbnb ROI: 0.02%

Traditional ROI: 4.24%

501 E 1st Avenue

Indianola, IA

4 beds | 3 baths | 2,009 sq.ft.

$270,000

Airbnb cash on cash: N/A

Traditional cash on cash: 8.31%

Airbnb Rental Income: $null

Traditional Rental Income: $2770

Airbnb ROI: N/A

Traditional ROI: 8.31%

827 Trail Ridge Road

Indianola, IA

3 beds | 3 baths | 1,416 sq.ft.

$449,900

Airbnb cash on cash: -0.76%

Traditional cash on cash: 1.56%

Airbnb Rental Income: $1155

Traditional Rental Income: $1748

Airbnb ROI: -0.76%

Traditional ROI: 1.56%

2107 W 4th Avenue

Indianola, IA

3 beds | 3 baths | 1,440 sq.ft.

$264,999

Airbnb cash on cash: -0.56%

Traditional cash on cash: 4.71%

Airbnb Rental Income: $1155

Traditional Rental Income: $2092

Airbnb ROI: -0.56%

Traditional ROI: 4.71%

821 Trail Ridge Road

Indianola, IA

2 beds | 2 baths | 1,690 sq.ft.

$429,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.29%

Airbnb Rental Income: $null

Traditional Rental Income: $2342

Airbnb ROI: N/A

Traditional ROI: 3.29%

1804 E Euclid Avenue

Indianola, IA

3 beds | 3 baths | 1,690 sq.ft.

$335,000

Airbnb cash on cash: 0.65%

Traditional cash on cash: 5.04%

Airbnb Rental Income: $1155

Traditional Rental Income: $2156

Airbnb ROI: 0.65%