Real Estate Investment Properties for Sale in Kalona, IA

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
5021 Bluestem St SW Kalona, IA IMMEDIATE POSSESSION! Country living located just 13 miles south of Iowa City and 8 miles ...	4 beds \| 3 baths \| 2,417 sq.ft.	$339,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.95% Airbnb Rental Income: $null Traditional Rental Income: $2488 Airbnb ROI: N/A Traditional ROI: 4.95%
2085 117th Ct Kalona, IA Energy-efficient, nearly off-the-grid home in the peaceful countryside. Beautifully design...	3 beds \| 3 baths \| 3,371 sq.ft.	$525,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.89% Airbnb Rental Income: $null Traditional Rental Income: $3036 Airbnb ROI: N/A Traditional ROI: 3.89%
Lot 15 Timberline Ter Kalona, IA Lot 15 Timberline Ter, Iowa City, IA 52247 \| Other	N/A beds \| N/A baths \| N/A	$83,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.33% Airbnb Rental Income: $null Traditional Rental Income: $896 Airbnb ROI: N/A Traditional ROI: 7.33%
Lot 85 Timberline Ter Kalona, IA Lot 85 Timberline Ter, Iowa City, IA 52247 \| Other	N/A beds \| N/A baths \| N/A	$80,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.68% Airbnb Rental Income: $null Traditional Rental Income: $896 Airbnb ROI: N/A Traditional ROI: 7.68%
Lot 80 Timberline Ter Kalona, IA Lot 80 Timberline Ter, Iowa City, IA 52247 \| Other	N/A beds \| N/A baths \| N/A	$73,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.6% Airbnb Rental Income: $null Traditional Rental Income: $896 Airbnb ROI: N/A Traditional ROI: 8.6%
Lot 83 Timberline Ter Kalona, IA Lot 83 Timberline Ter, Iowa City, IA 52247 \| Other	N/A beds \| N/A baths \| N/A	$81,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.46% Airbnb Rental Income: $null Traditional Rental Income: $896 Airbnb ROI: N/A Traditional ROI: 7.46%
Lot 82 Timberline Ter Kalona, IA Lot 82 Timberline Ter, Iowa City, IA 52247 \| Other	N/A beds \| N/A baths \| N/A	$81,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.46% Airbnb Rental Income: $null Traditional Rental Income: $896 Airbnb ROI: N/A Traditional ROI: 7.46%
1232 540th St St SW Kalona, IA Located outside of Kalona in a quiet rural setting, this home presents a charming blend of...	4 beds \| 1 baths \| 1,502 sq.ft.	$145,000	Airbnb cash on cash: N/A Traditional cash on cash: 11.04% Airbnb Rental Income: $null Traditional Rental Income: $1928 Airbnb ROI: N/A Traditional ROI: 11.04%

Real Estate investment in Kalona, IA

There are 47 properties for sale in the city of Kalona . The median list price in Kalona is $83,000 and the average price per square foot is $70. In February 2026, the average monthly cash on cash return in Kalona is 7.00%. The average monthly rental income in Kalona is $896.

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

There are 47 investment properties available for sale in Kalona.

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

The ROI for Short-Term is higher than the Long-Term in Kalona with average rental income of $N/A.

Your search for investment property begins and ends here

Investment Property for Sale in Kalona, IA

5021 Bluestem St SW

Kalona, IA

4 beds | 3 baths | 2,417 sq.ft.

$339,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.95%

Airbnb Rental Income: $null

Traditional Rental Income: $2488

Airbnb ROI: N/A

Traditional ROI: 4.95%

2085 117th Ct

Kalona, IA

3 beds | 3 baths | 3,371 sq.ft.

$525,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.89%

Airbnb Rental Income: $null

Traditional Rental Income: $3036

Airbnb ROI: N/A

Traditional ROI: 3.89%

Lot 15 Timberline Ter

Kalona, IA

N/A beds | N/A baths | N/A

$83,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.33%

Airbnb Rental Income: $null

Traditional Rental Income: $896

Airbnb ROI: N/A

Traditional ROI: 7.33%

Lot 85 Timberline Ter

Kalona, IA

N/A beds | N/A baths | N/A

$80,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.68%

Airbnb Rental Income: $null

Traditional Rental Income: $896

Airbnb ROI: N/A

Traditional ROI: 7.68%

Lot 80 Timberline Ter

Kalona, IA

N/A beds | N/A baths | N/A

$73,000

Airbnb cash on cash: N/A

Traditional cash on cash: 8.6%

Airbnb Rental Income: $null

Traditional Rental Income: $896

Airbnb ROI: N/A

Traditional ROI: 8.6%

Lot 83 Timberline Ter

Kalona, IA

N/A beds | N/A baths | N/A

$81,900

Airbnb cash on cash: N/A

Traditional cash on cash: 7.46%

Airbnb Rental Income: $null

Traditional Rental Income: $896

Airbnb ROI: N/A

Traditional ROI: 7.46%

Lot 82 Timberline Ter

Kalona, IA

N/A beds | N/A baths | N/A

$81,900

Airbnb cash on cash: N/A

Traditional cash on cash: 7.46%

Airbnb Rental Income: $null

Traditional Rental Income: $896

Airbnb ROI: N/A

Traditional ROI: 7.46%

1232 540th St St SW

Kalona, IA

4 beds | 1 baths | 1,502 sq.ft.

$145,000

Airbnb cash on cash: N/A

Traditional cash on cash: 11.04%

Airbnb Rental Income: $null

Traditional Rental Income: $1928

Airbnb ROI: N/A