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
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% Traditional cash on cash: 4.17% Airbnb Rental Income: $1155 Traditional Rental Income: $2160 Airbnb ROI: 0% 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%
102 S F Street Indianola, IA Your home search just ended. Step inside this cozy ranch home and feel the warmth, natural...	2 beds \| 1 baths \| 864 sq.ft.	$185,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.36% Airbnb Rental Income: $null Traditional Rental Income: $1449 Airbnb ROI: N/A Traditional ROI: 5.36%
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.	$234,000	Airbnb cash on cash: 0.39% Traditional cash on cash: 5.76% Airbnb Rental Income: $1155 Traditional Rental Income: $1963 Airbnb ROI: 0.39% Traditional ROI: 5.76%
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%
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%
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%
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.	$759,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.06% Airbnb Rental Income: $null Traditional Rental Income: $2544 Airbnb ROI: N/A Traditional ROI: 2.06%
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%
305 N 19th Street Indianola, IA GET AS LOW AS 3.75% INTEREST RATE ON THIS HOME. ASK ABOUT OUR BUILDER 2/1 RATE BUY DOWN PR...	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 GET AS LOW AS 3.75% INTEREST RATE ON THIS HOME. ASK ABOUT OUR BUILDER 2/1 RATE BUY DOWN PR...	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%
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.	$195,000	Airbnb cash on cash: 1.14% Traditional cash on cash: 5.85% Airbnb Rental Income: $1155 Traditional Rental Income: $1646 Airbnb ROI: 1.14% Traditional ROI: 5.85%
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: 1.19% Traditional cash on cash: 6.29% Airbnb Rental Income: $1155 Traditional Rental Income: $1906 Airbnb ROI: 1.19% 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.	$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%
13426 169th Ln Indianola, IA Where Luxury, Rural, and Convenience Meet: A Work of Art Warren County, Iowa Estate PC is ...	5 beds \| 5 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%
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: -0.57% Traditional cash on cash: 3.26% Airbnb Rental Income: $1155 Traditional Rental Income: $2084 Airbnb ROI: -0.57% Traditional ROI: 3.26%
501 N 20th Street Indianola, IA GET AS LOW AS 3.75% INTEREST RATE ON THIS HOME. ASK ABOUT OUR BUILDER 2/1 RATE BUY DOWN PR...	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 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%
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.	$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%
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 8 acres, less than 10 minutes from Indianola. The main floor fee...	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 #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.	$174,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.59% Airbnb Rental Income: $null Traditional Rental Income: $1766 Airbnb ROI: N/A Traditional ROI: 7.59%
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 #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%
301 N 16th Street Indianola, IA Turnkey and loaded with updates, this beautifully maintained home sits in a prime Indianol...	3 beds \| 3 baths \| 1,699 sq.ft.	$310,000	Airbnb cash on cash: -0.07% Traditional cash on cash: 4.89% Airbnb Rental Income: $1155 Traditional Rental Income: $2221 Airbnb ROI: -0.07% Traditional ROI: 4.89%
15532 Illinios Street Indianola, IA We are pleased to present this well-kept 2.01-acre acreage located just outside Indianola,...	2 beds \| 1 baths \| 1,192 sq.ft.	$200,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.16% Airbnb Rental Income: $null Traditional Rental Income: $1605 Airbnb ROI: N/A Traditional ROI: 6.16%
403 N Kenwood Boulevard Indianola, IA This is a great for a first time buyer or the investor looking to add to their portfolio. ...	2 beds \| 1 baths \| 1,104 sq.ft.	$135,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.94% Airbnb Rental Income: $null Traditional Rental Income: $1556 Airbnb ROI: N/A Traditional ROI: 8.94%
2105 N 7th Street Indianola, IA BETTER THEN NEW! The Roland plan located in our Summercrest Community within the growing...	5 beds \| 3 baths \| 1,585 sq.ft.	$342,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.7% Airbnb Rental Income: $null Traditional Rental Income: $2519 Airbnb ROI: N/A Traditional ROI: 4.7%
2308 N 7th Street Indianola, IA Welcome Home to 2308 N 7th Street, Indianola, IA New Construction Home built by Steger Con...	5 beds \| 3 baths \| 1,855 sq.ft.	$619,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.07% Airbnb Rental Income: $null Traditional Rental Income: $2766 Airbnb ROI: N/A Traditional ROI: 2.07%
6944 123rd Lane Indianola, IA Hard-to-find 4 BR ranch on 4.67 acres in Pine Ridge Estates! Lots of room to build an ADU ...	4 beds \| 3 baths \| 3,015 sq.ft.	$549,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.55% Airbnb Rental Income: $null Traditional Rental Income: $3032 Airbnb ROI: N/A Traditional ROI: 3.55%
502 N 20th Street Indianola, IA Welcome to the Duke Expanded by Jerry's Homes, a beautifully designed 3-bedroom split ranc...	3 beds \| 2 baths \| 1,408 sq.ft.	$379,990	Airbnb cash on cash: -0.64% Traditional cash on cash: 3.14% Airbnb Rental Income: $1155 Traditional Rental Income: $2123 Airbnb ROI: -0.64% Traditional ROI: 3.14%
15457 Illinois Street Indianola, IA	5 beds \| 3 baths \| 1,694 sq.ft.	$444,515	Airbnb cash on cash: N/A Traditional cash on cash: 4.95% Airbnb Rental Income: $null Traditional Rental Income: $2578 Airbnb ROI: N/A Traditional ROI: 4.95%
500 N 20th Street Indianola, IA One of Jerry's Homes' most popular two-story floor plans, this beautiful home offers over ...	4 beds \| 3 baths \| 1,809 sq.ft.	$384,990	Airbnb cash on cash: N/A Traditional cash on cash: 4.52% Airbnb Rental Income: $null Traditional Rental Income: $2649 Airbnb ROI: N/A Traditional ROI: 4.52%

Real Estate investment in Indianola, IA

There are 65 properties for sale in the city of Indianola . The median list price in Indianola is $359,990 and the average price per square foot is $211. In February 2026, the average monthly cash on cash return in Indianola is 5.00%. The average monthly rental income in Indianola is $2,265.

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

There are 65 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

308 N 18th Street

Indianola, IA

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

$354,500

Airbnb cash on cash: 0%

Traditional cash on cash: 4.17%

Airbnb Rental Income: $1155

Traditional Rental Income: $2160

Airbnb ROI: 0%

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%

102 S F Street

Indianola, IA

2 beds | 1 baths | 864 sq.ft.

$185,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.36%

Airbnb Rental Income: $null

Traditional Rental Income: $1449

Airbnb ROI: N/A

Traditional ROI: 5.36%

1010 Caroline Terrace

Indianola, IA

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

$234,000

Airbnb cash on cash: 0.39%

Traditional cash on cash: 5.76%

Airbnb Rental Income: $1155

Traditional Rental Income: $1963

Airbnb ROI: 0.39%

Traditional ROI: 5.76%

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%

7683 86th Lane

Indianola, IA

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

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

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