Real Estate Investment Properties for Sale in Iowa City, IA

Looking for investment property in Iowa City, IA with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1753 Foster Rd Iowa City, IA CLASSIC BROWNSTONE (right inside-unit) two-level, vintage-style brick townhouse has 2 BRs ...	2 beds \| 3 baths \| 2,241 sq.ft.	$459,900	Airbnb cash on cash: 0.61% Traditional cash on cash: 2.53% Airbnb Rental Income: $2313 Traditional Rental Income: $2565 Airbnb ROI: 0.61% Traditional ROI: 2.53%
800 Pepper Dr Iowa City, IA Spacious east side multi-level with room for everyone. This inviting move in ready 4 bedro...	4 beds \| 3 baths \| 1,622 sq.ft.	$349,900	Airbnb cash on cash: 2.42% Traditional cash on cash: 4.26% Airbnb Rental Income: $2311 Traditional Rental Income: $2340 Airbnb ROI: 2.42% Traditional ROI: 4.26%
63 Colchester Dr Iowa City, IA Welcome to a home that truly checks every box-space, style, and thoughtful upgrades throug...	4 beds \| 4 baths \| 2,448 sq.ft.	$489,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.1% Airbnb Rental Income: $null Traditional Rental Income: $3121 Airbnb ROI: N/A Traditional ROI: 4.1%
1905 Earl Rd Iowa City, IA IMMEDIATE POSSESSION AND CLOSING! MOVE-IN READY! Convenient Location. Close to Downtown I...	2 beds \| 2 baths \| 1,382 sq.ft.	$224,900	Airbnb cash on cash: 1.24% Traditional cash on cash: 5.77% Airbnb Rental Income: $1635 Traditional Rental Income: $2138 Airbnb ROI: 1.24% Traditional ROI: 5.77%
40 Gryn Ct Iowa City, IA Set on a quiet cul-de-sac in a convenient Iowa City location, this spacious ranch delivers...	4 beds \| 2 baths \| 1,208 sq.ft.	$306,000	Airbnb cash on cash: 4.09% Traditional cash on cash: 4.26% Airbnb Rental Income: $2681 Traditional Rental Income: $2095 Airbnb ROI: 4.09% Traditional ROI: 4.26%
621 N Van Buren St Iowa City, IA Step into the heart of Iowa Cityâs popular Northside neighborhood with this beautifully ...	4 beds \| 3 baths \| 2,048 sq.ft.	$375,000	Airbnb cash on cash: 1.88% Traditional cash on cash: 5.63% Airbnb Rental Income: $2311 Traditional Rental Income: $3055 Airbnb ROI: 1.88% Traditional ROI: 5.63%
823 Pepper Dr Iowa City, IA Affordable, spacious, well laid out home in friendly, convenient southeast side neighborho...	3 beds \| 3 baths \| 2,074 sq.ft.	$339,900	Airbnb cash on cash: 0.83% Traditional cash on cash: 5.68% Airbnb Rental Income: $1519 Traditional Rental Income: $2626 Airbnb ROI: 0.83% Traditional ROI: 5.68%
765 Hanks Dr Iowa City, IA Immediate possession on this fantastic new const 4 BR zero-lot built by HBD in Churchill ...	4 beds \| 3 baths \| 2,374 sq.ft.	$385,000	Airbnb cash on cash: 2.63% Traditional cash on cash: 6.61% Airbnb Rental Income: $1933 Traditional Rental Income: $2860 Airbnb ROI: 2.63% Traditional ROI: 6.61%
1144 Swisher St Iowa City, IA Set along a wooded ravine in the Peninsula Neighborhood of Iowa City, this 2-bedroom, 2-ba...	2 beds \| 2 baths \| 1,260 sq.ft.	$303,000	Airbnb cash on cash: 1.79% Traditional cash on cash: 4.22% Airbnb Rental Income: $2313 Traditional Rental Income: $2431 Airbnb ROI: 1.79% Traditional ROI: 4.22%
600 Grandview Ct #603 Iowa City, IA Location, Location, Location! Two-bedroom, two-bathroom Grandview condo near UI Hospitals,...	2 beds \| 2 baths \| 1,105 sq.ft.	$279,000	Airbnb cash on cash: 0.37% Traditional cash on cash: 3.83% Airbnb Rental Income: $1463 Traditional Rental Income: $1940 Airbnb ROI: 0.37% Traditional ROI: 3.83%
174 Shrader Rd Iowa City, IA Pristine ranch located in a quiet and tree-lined east side neighborhood! Everything about ...	4 beds \| 3 baths \| 1,092 sq.ft.	$390,000	Airbnb cash on cash: 1.27% Traditional cash on cash: 3.4% Airbnb Rental Income: $1933 Traditional Rental Income: $2202 Airbnb ROI: 1.27% Traditional ROI: 3.4%
108 Highland Dr Iowa City, IA Character-filled University Heights 3 Bed/1 Bath 1.5 Story Home, located on a quiet street...	4 beds \| 2 baths \| 1,793 sq.ft.	$509,900	Airbnb cash on cash: 2.76% Traditional cash on cash: 2.96% Airbnb Rental Income: $2916 Traditional Rental Income: $2340 Airbnb ROI: 2.76% Traditional ROI: 2.96%
4589 SE Sand Rd Iowa City, IA Single Family home on one acre in Johnson County close to City Limits that has been conver...	N/A beds \| N/A baths \| 1,896 sq.ft.	$175,000	Airbnb cash on cash: 1.13% Traditional cash on cash: 4.69% Airbnb Rental Income: $916 Traditional Rental Income: $1167 Airbnb ROI: 1.13% Traditional ROI: 4.69%
4591 SE Sand Rd Iowa City, IA This is a Fishing & Hunting Paradise! This price includes three additional parcels (103535...	4 beds \| 2 baths \| 3,096 sq.ft.	$1,299,000	Airbnb cash on cash: 0.28% Traditional cash on cash: 0.59% Airbnb Rental Income: $2549 Traditional Rental Income: $2302 Airbnb ROI: 0.28% Traditional ROI: 0.59%
526 N Governor St Iowa City, IA Investor Alert! Great location on this unique 3 bedroom 3 bath home. Was once an up/down...	3 beds \| 3 baths \| 1,511 sq.ft.	$314,900	Airbnb cash on cash: 1.59% Traditional cash on cash: 4.3% Airbnb Rental Income: $1685 Traditional Rental Income: $2019 Airbnb ROI: 1.59% Traditional ROI: 4.3%
1025 N Summit St Iowa City, IA Tucked into Iowa City's Northside neighborhood fondly referred to as Deweyville, this thou...	4 beds \| 4 baths \| 2,682 sq.ft.	$500,000	Airbnb cash on cash: 2% Traditional cash on cash: 3.19% Airbnb Rental Income: $3115 Traditional Rental Income: $2959 Airbnb ROI: 2% Traditional ROI: 3.19%
315 Taft Ave Iowa City, IA Two Bedroom and 1 Full Bath Condo SS Appliances, Open Concept Kitchen/Living/Dining with G...	2 beds \| 1 baths \| 905 sq.ft.	$155,000	Airbnb cash on cash: 3.24% Traditional cash on cash: 6.26% Airbnb Rental Income: $1588 Traditional Rental Income: $1582 Airbnb ROI: 3.24% Traditional ROI: 6.26%
118 Broadmoor Ln Iowa City, IA It sparkles and shines with copious amounts of sunlight through spectacular windows. Archi...	3 beds \| 2 baths \| 2,099 sq.ft.	$335,000	Airbnb cash on cash: -0.36% Traditional cash on cash: 3.93% Airbnb Rental Income: $1404 Traditional Rental Income: $2329 Airbnb ROI: -0.36% Traditional ROI: 3.93%
424 S Summit Iowa City, IA Set along one of Iowa Cityâs most recognizable historic streets, 424 S. Summit Street of...	5 beds \| 4 baths \| 3,314 sq.ft.	$1,100,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.26% Airbnb Rental Income: $null Traditional Rental Income: $2862 Airbnb ROI: N/A Traditional ROI: 0.26%
1019 Carver St Iowa City, IA Come see this spacious ranch home that offers a comfortable 1st floor living. Including a ...	4 beds \| 1 baths \| 1,992 sq.ft.	$239,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.47% Airbnb Rental Income: $null Traditional Rental Income: $1051 Airbnb ROI: N/A Traditional ROI: 1.47%
1018 Marcy St Iowa City, IA URBAN CHARM. Walk to downtown IC, Deluxe Bakery and enchanting Summit St neighborhood. On...	3 beds \| 3 baths \| 3,840 sq.ft.	$429,900	Airbnb cash on cash: -1.44% Traditional cash on cash: 0.81% Airbnb Rental Income: $1419 Traditional Rental Income: $1901 Airbnb ROI: -1.44% Traditional ROI: 0.81%
1926 E Court St Iowa City, IA Located at the corner of sunny and delightful this cozy 1950s home exudes charm and charac...	4 beds \| 3 baths \| 1,306 sq.ft.	$325,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.27% Airbnb Rental Income: $null Traditional Rental Income: $2476 Airbnb ROI: N/A Traditional ROI: 5.27%
711 E Bloomington St Iowa City, IA GREAT LOCATION....WALK TO DOWNTOWN IOWA CITY! Updates have been made to this two story ho...	4 beds \| 2 baths \| 1,312 sq.ft.	$250,000	Airbnb cash on cash: 3.05% Traditional cash on cash: 5.02% Airbnb Rental Income: $1991 Traditional Rental Income: $1935 Airbnb ROI: 3.05% Traditional ROI: 5.02%
1835 Hafor Dr Iowa City, IA UPDATED RANCH-STYLE HOME with the perfect blend of space, comfort, and convenience, locate...	4 beds \| 3 baths \| 1,342 sq.ft.	$379,000	Airbnb cash on cash: 2.82% Traditional cash on cash: 3.47% Airbnb Rental Income: $2681 Traditional Rental Income: $2279 Airbnb ROI: 2.82% Traditional ROI: 3.47%
60 Marietta Ave Iowa City, IA Rare opportunity to own a beautifully crafted custom Boyd Crosby home in the heart of Univ...	3 beds \| 3 baths \| 3,252 sq.ft.	$685,000	Airbnb cash on cash: -1.19% Traditional cash on cash: 1.47% Airbnb Rental Income: $1334 Traditional Rental Income: $2624 Airbnb ROI: -1.19% Traditional ROI: 1.47%
57 Duck Creek Pl Iowa City, IA Impeccable 2nd floor condo on the west side of Iowa City. Spacious eat-in kitchen loaded w...	2 beds \| 2 baths \| 1,443 sq.ft.	$222,900	Airbnb cash on cash: 0.81% Traditional cash on cash: 5.22% Airbnb Rental Income: $1635 Traditional Rental Income: $2105 Airbnb ROI: 0.81% Traditional ROI: 5.22%
1810 Chelsea Ct Iowa City, IA This impeccably maintained end-unit zero-lot home offers 1,200 square feet of easy, move-i...	2 beds \| 2 baths \| 1,264 sq.ft.	$289,000	Airbnb cash on cash: 2.84% Traditional cash on cash: 4.77% Airbnb Rental Income: $2108 Traditional Rental Income: $2092 Airbnb ROI: 2.84% Traditional ROI: 4.77%
710 West Side Dr Iowa City, IA This premium townhome on the west side of Iowa City is move-in-ready and close to walking ...	2 beds \| 1 baths \| 1,550 sq.ft.	$235,000	Airbnb cash on cash: 1.11% Traditional cash on cash: 2.89% Airbnb Rental Income: $1635 Traditional Rental Income: $1568 Airbnb ROI: 1.11% Traditional ROI: 2.89%
2694 Pinto Ln Iowa City, IA The perfect retreat for the serious student or professional. Skip the noise of downtown an...	2 beds \| 2 baths \| 1,303 sq.ft.	$192,500	Airbnb cash on cash: 5.15% Traditional cash on cash: 9.09% Airbnb Rental Income: $2108 Traditional Rental Income: $2288 Airbnb ROI: 5.15% Traditional ROI: 9.09%
406 Hawaii Ct #- Iowa City, IA Fully renovated multi-level townhouse style condo with open concept living. Conveniently l...	2 beds \| 1 baths \| 1,224 sq.ft.	$166,000	Airbnb cash on cash: -0.19% Traditional cash on cash: 4.78% Airbnb Rental Income: $1092 Traditional Rental Income: $1508 Airbnb ROI: -0.19% Traditional ROI: 4.78%
2643 Whispering Meadow Dr Iowa City, IA Spacious, well maintained home, with a beautiful yard to enjoy! Open layout on the main le...	3 beds \| 2 baths \| 1,774 sq.ft.	$299,000	Airbnb cash on cash: 1.01% Traditional cash on cash: 5.03% Airbnb Rental Income: $1519 Traditional Rental Income: $2209 Airbnb ROI: 1.01% Traditional ROI: 5.03%
304 Ronalds St Iowa City, IA UNDER CONTRACT: MAY CONTINUE TO SHOW FOR BACK-UP OFFERS This North Side Victorian has all ...	3 beds \| 2 baths \| 1,560 sq.ft.	$339,000	Airbnb cash on cash: 1.19% Traditional cash on cash: 2.45% Airbnb Rental Income: $1685 Traditional Rental Income: $1617 Airbnb ROI: 1.19% Traditional ROI: 2.45%
1327 Foster Rd Iowa City, IA Cosmopolitan style in finely detailed townhome with tall ceilings, hardwood flooring, open...	3 beds \| 3 baths \| 1,825 sq.ft.	$499,900	Airbnb cash on cash: 0.57% Traditional cash on cash: 2.14% Airbnb Rental Income: $2119 Traditional Rental Income: $2312 Airbnb ROI: 0.57% Traditional ROI: 2.14%
1960 Sherman Dr Iowa City, IA NEW ROOF, NEW SIDING, freshly painted and cleaned! This home is ready for you!! So many g...	5 beds \| 3 baths \| 2,604 sq.ft.	$456,000	Airbnb cash on cash: 5.2% Traditional cash on cash: 1.72% Airbnb Rental Income: $4192 Traditional Rental Income: $1820 Airbnb ROI: 5.2% Traditional ROI: 1.72%
48 Galway Cir Iowa City, IA Designed as a private retreatâthis backyard delivers: an in-ground pool, pool shed, matu...	4 beds \| 4 baths \| 2,360 sq.ft.	$499,900	Airbnb cash on cash: 1.67% Traditional cash on cash: 2.87% Airbnb Rental Income: $2691 Traditional Rental Income: $2615 Airbnb ROI: 1.67% Traditional ROI: 2.87%
1009 Highland Ave Iowa City, IA Property is sold "AS-IS" condition. Seller will not entertain remedy items.	2 beds \| 1 baths \| 1,026 sq.ft.	$179,000	Airbnb cash on cash: 6.56% Traditional cash on cash: 2.75% Airbnb Rental Income: $2077 Traditional Rental Income: $893 Airbnb ROI: 6.56% Traditional ROI: 2.75%
416 Macbride Rd. Iowa City, IA Are you searching for a home with charm, ideally situated near the UIHC? If you enjoy golf...	4 beds \| 4 baths \| 1,692 sq.ft.	$525,000	Airbnb cash on cash: 1.49% Traditional cash on cash: 1.53% Airbnb Rental Income: $2681 Traditional Rental Income: $2068 Airbnb ROI: 1.49% Traditional ROI: 1.53%
1405 W Benton St Iowa City, IA Charming and well-maintained home in a highly desirable Iowa City location, just minutes f...	3 beds \| 1 baths \| 1,109 sq.ft.	$325,000	Airbnb cash on cash: 1.31% Traditional cash on cash: 0.76% Airbnb Rental Income: $1608 Traditional Rental Income: $983 Airbnb ROI: 1.31% Traditional ROI: 0.76%
221 E College St #1206 Iowa City, IA STRIKING two-story condominium in Plaza Towers offering contemporary living experience in ...	2 beds \| 2 baths \| 1,834 sq.ft.	$1,095,000	Airbnb cash on cash: -2.06% Traditional cash on cash: -1.94% Airbnb Rental Income: $2077 Traditional Rental Income: $1663 Airbnb ROI: -2.06% Traditional ROI: -1.94%
300 S Clinton St #706 Iowa City, IA Truly on the Edge of everything, you'll find yourself just moments away from trendy shops,...	3 beds \| 3 baths \| 1,972 sq.ft.	$849,000	Airbnb cash on cash: -2.54% Traditional cash on cash: -0.1% Airbnb Rental Income: $1472 Traditional Rental Income: $2968 Airbnb ROI: -2.54% Traditional ROI: -0.1%

Real Estate investment in Iowa-city, IA

There are 406 properties for sale in the city of Iowa City . The median list price in Iowa City is $324,832 and the average price per square foot is $171. In June 2026, the average monthly cash on cash return in Iowa City is 3.00%. The average monthly rental income in Iowa City is $2,020.

Iowa-city, IA Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 406 investment properties available for sale in Iowa-city.

In 2026, the best neighborhood to buy investment property is Miller Orchard.

The ROI for Short-Term is higher than the Long-Term in Iowa-city with average rental income of $1,404.

Your search for investment property begins and ends here

Investment Property for Sale in Iowa City, IA

1753 Foster Rd

Iowa City, IA

2 beds | 3 baths | 2,241 sq.ft.

$459,900

Airbnb cash on cash: 0.61%

Traditional cash on cash: 2.53%

Airbnb Rental Income: $2313

Traditional Rental Income: $2565

Airbnb ROI: 0.61%

Traditional ROI: 2.53%

800 Pepper Dr

Iowa City, IA

4 beds | 3 baths | 1,622 sq.ft.

$349,900

Airbnb cash on cash: 2.42%

Traditional cash on cash: 4.26%

Airbnb Rental Income: $2311

Traditional Rental Income: $2340

Airbnb ROI: 2.42%

Traditional ROI: 4.26%

63 Colchester Dr

Iowa City, IA

4 beds | 4 baths | 2,448 sq.ft.

$489,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.1%

Airbnb Rental Income: $null

Traditional Rental Income: $3121

Airbnb ROI: N/A

Traditional ROI: 4.1%

1905 Earl Rd

Iowa City, IA

2 beds | 2 baths | 1,382 sq.ft.

$224,900

Airbnb cash on cash: 1.24%

Traditional cash on cash: 5.77%

Airbnb Rental Income: $1635

Traditional Rental Income: $2138

Airbnb ROI: 1.24%

Traditional ROI: 5.77%

40 Gryn Ct

Iowa City, IA

4 beds | 2 baths | 1,208 sq.ft.

$306,000

Airbnb cash on cash: 4.09%

Traditional cash on cash: 4.26%

Airbnb Rental Income: $2681

Traditional Rental Income: $2095

Airbnb ROI: 4.09%

Traditional ROI: 4.26%

621 N Van Buren St

Iowa City, IA

4 beds | 3 baths | 2,048 sq.ft.

$375,000

Airbnb cash on cash: 1.88%

Traditional cash on cash: 5.63%

Airbnb Rental Income: $2311

Traditional Rental Income: $3055

Airbnb ROI: 1.88%

Traditional ROI: 5.63%

823 Pepper Dr

Iowa City, IA

3 beds | 3 baths | 2,074 sq.ft.

$339,900

Airbnb cash on cash: 0.83%

Traditional cash on cash: 5.68%

Airbnb Rental Income: $1519

Traditional Rental Income: $2626

Airbnb ROI: 0.83%

Traditional ROI: 5.68%

765 Hanks Dr

Iowa City, IA

4 beds | 3 baths | 2,374 sq.ft.

$385,000

Airbnb cash on cash: 2.63%

Traditional cash on cash: 6.61%

Airbnb Rental Income: $1933

Traditional Rental Income: $2860

Airbnb ROI: 2.63%