Real Estate Investment Properties for Sale in Iowa

Looking for investment property in Iowa with high ROI ?

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

Q: Which city in Iowa to invest in for highest ROI on long term rental properties in 2026

In 2026, Eldorais the best city to buy investment properties. Find more investment properties today!

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
2102 Taylor Avenue Rowan, IA Very nice 2022 built ranch home located on about 1.4 acres of land right off Highway 3. Th...	5 beds \| 3 baths \| 3,038 sq.ft.	$429,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.81% Airbnb Rental Income: $null Traditional Rental Income: $2758 Airbnb ROI: N/A Traditional ROI: 4.81%
2908 Schultz Drive NW Cedar Rapids, IA Make this home your own. This inviting property features 2 main-level bedrooms and a full ...	3 beds \| 2 baths \| 1,380 sq.ft.	$199,750	Airbnb cash on cash: N/A Traditional cash on cash: 7.83% Airbnb Rental Income: $null Traditional Rental Income: $1999 Airbnb ROI: N/A Traditional ROI: 7.83%
8233 Mahon Court Johnston, IA The Riverside by Brenner Built is a stunning 5-bedroom, 3.5-bath ranch offering 2,087 sq f...	5 beds \| 4 baths \| 2,087 sq.ft.	$754,900	Airbnb cash on cash: -1.39% Traditional cash on cash: 1.76% Airbnb Rental Income: $1350 Traditional Rental Income: $3157 Airbnb ROI: -1.39% Traditional ROI: 1.76%
629 Meadow Lane Carroll, IA This brand-new, ranch-style home features four bedrooms and three stylish bathrooms. Equip...	4 beds \| 3 baths \| 1,496 sq.ft.	$419,900	Airbnb cash on cash: N/A Traditional cash on cash: 5% Airbnb Rental Income: $null Traditional Rental Income: $2494 Airbnb ROI: N/A Traditional ROI: 5%
63 W Fisher Street Dougherty, IA Property includes two lots 63 Fisher St and 134 N Denny. This property offers a charming ...	3 beds \| 1 baths \| 2,574 sq.ft.	$129,900	Airbnb cash on cash: N/A Traditional cash on cash: 11.77% Airbnb Rental Income: $null Traditional Rental Income: $1860 Airbnb ROI: N/A Traditional ROI: 11.77%
975 11th Street Waukee, IA Carter Ranch Plan by Signature Homes in Prairie Village - Waukee! This beautiful ranch-sty...	3 beds \| 2 baths \| 1,453 sq.ft.	$389,900	Airbnb cash on cash: -0.79% Traditional cash on cash: 2.92% Airbnb Rental Income: $1127 Traditional Rental Income: $2107 Airbnb ROI: -0.79% Traditional ROI: 2.92%
1060 Gray Avenue Waukee, IA **Move in ready package! With an accepted offer through 3/31/26 all appliances and blinds ...	3 beds \| 2 baths \| 1,445 sq.ft.	$365,000	Airbnb cash on cash: -0.68% Traditional cash on cash: 3.47% Airbnb Rental Income: $1127 Traditional Rental Income: $2173 Airbnb ROI: -0.68% Traditional ROI: 3.47%
47902 170th Ave Laurens, IA Are you yearning for the privacy and wide open spaces of an acreage? Check out this up-to...	4 beds \| 3 baths \| 2,673 sq.ft.	$360,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.46% Airbnb Rental Income: $null Traditional Rental Income: $3171 Airbnb ROI: N/A Traditional ROI: 7.46%
253 NW Waverly Drive Waukee, IA Signature Companies of Iowa presents the Whitfield Townhome a stylish two-story with 2 bed...	2 beds \| 2 baths \| 1,430 sq.ft.	$238,900	Airbnb cash on cash: 2.7% Traditional cash on cash: 8.06% Airbnb Rental Income: $1558 Traditional Rental Income: $2320 Airbnb ROI: 2.7% Traditional ROI: 8.06%
249 NW Waverly Drive Waukee, IA Signature Companies of Iowa presents the Whitfield Townhome a stylish two-story with 2 bed...	2 beds \| 2 baths \| 1,430 sq.ft.	$238,900	Airbnb cash on cash: 2.7% Traditional cash on cash: 8.06% Airbnb Rental Income: $1558 Traditional Rental Income: $2320 Airbnb ROI: 2.7% Traditional ROI: 8.06%
243 NW Waverly Drive Waukee, IA Signature Companies of Iowa presents the Whitfield Townhome a stylish two-story with 2 bed...	2 beds \| 2 baths \| 1,430 sq.ft.	$242,900	Airbnb cash on cash: 2.64% Traditional cash on cash: 7.95% Airbnb Rental Income: $1558 Traditional Rental Income: $2329 Airbnb ROI: 2.64% Traditional ROI: 7.95%
235 NW Waverly Drive Waukee, IA Signature Companies of Iowa presents the Whitfield Townhome a stylish two-story with 2 bed...	2 beds \| 2 baths \| 1,430 sq.ft.	$238,900	Airbnb cash on cash: 2.7% Traditional cash on cash: 8.1% Airbnb Rental Income: $1558 Traditional Rental Income: $2329 Airbnb ROI: 2.7% Traditional ROI: 8.1%
231 NW Waverly Drive Waukee, IA Signature Companies of Iowa presents the Whitfield Townhome a stylish two-story with 2 bed...	2 beds \| 2 baths \| 1,430 sq.ft.	$238,900	Airbnb cash on cash: 2.7% Traditional cash on cash: 8.06% Airbnb Rental Income: $1558 Traditional Rental Income: $2320 Airbnb ROI: 2.7% Traditional ROI: 8.06%
227 NW Waverly Drive Waukee, IA Signature Companies of Iowa presents the Whitfield Townhome a stylish two-story with 2 bed...	2 beds \| 2 baths \| 1,430 sq.ft.	$238,900	Airbnb cash on cash: 2.7% Traditional cash on cash: 8.06% Airbnb Rental Income: $1558 Traditional Rental Income: $2320 Airbnb ROI: 2.7% Traditional ROI: 8.06%
509 Prairie View Drive Huxley, IA Beautiful ranch home built by Sage, offering 3 bedrooms and 2 bathrooms with 1,449 sq ft o...	3 beds \| 2 baths \| 1,450 sq.ft.	$349,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.9% Airbnb Rental Income: $null Traditional Rental Income: $2537 Airbnb ROI: N/A Traditional ROI: 4.9%
1207 Glenwood Terrace Marshalltown, IA Welcome to this charming 3-bedroom, 2-bathroom ranch home nestled on the desirable south s...	3 beds \| 2 baths \| 960 sq.ft.	$179,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.98% Airbnb Rental Income: $null Traditional Rental Income: $1671 Airbnb ROI: N/A Traditional ROI: 6.98%
19773 Highway 21 Delta, IA Discover the tranquility of country living on this beautiful 5-acre property at 19773 High...	3 beds \| 1 baths \| 1,450 sq.ft.	$189,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.26% Airbnb Rental Income: $null Traditional Rental Income: $1743 Airbnb ROI: N/A Traditional ROI: 7.26%
1462 SE 108th Street Runnells, IA Peaceful country living just 16 minutes from downtown Des Moines-now with even more to lov...	5 beds \| 4 baths \| 1,729 sq.ft.	$565,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.55% Airbnb Rental Income: $null Traditional Rental Income: $3127 Airbnb ROI: N/A Traditional ROI: 3.55%
2313 Heritage Lane Iowa Falls, IA Enjoy care free living in this brand new townhome. Currently under construction and comple...	2 beds \| 2 baths \| 1,371 sq.ft.	$359,900	Airbnb cash on cash: -1.45% Traditional cash on cash: 3.17% Airbnb Rental Income: $1086 Traditional Rental Income: $2278 Airbnb ROI: -1.45% Traditional ROI: 3.17%
601 Mill Pond Rd #2 Adair, IA Stylish & Spacious Twin Home with Big Perks! Looking for a home thatâs beautiful, comfo...	2 beds \| 2 baths \| 1,503 sq.ft.	$339,500	Airbnb cash on cash: 0.24% Traditional cash on cash: 5.56% Airbnb Rental Income: $983 Traditional Rental Income: $2328 Airbnb ROI: 0.24% Traditional ROI: 5.56%
208 N Main St George, IA Looking to purchase a house in 2026? You will want to check out this desirable single stor...	3 beds \| 1 baths \| 1,235 sq.ft.	$149,500	Airbnb cash on cash: N/A Traditional cash on cash: 10.33% Airbnb Rental Income: $null Traditional Rental Income: $1821 Airbnb ROI: N/A Traditional ROI: 10.33%
1249 3rd Ave SE Cedar Rapids, IA This investment property is a five-unit multifamily building (5-plex) consisting of five o...	5 beds \| N/A baths \| 2,776 sq.ft.	$165,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.86% Airbnb Rental Income: $null Traditional Rental Income: $1659 Airbnb ROI: N/A Traditional ROI: 7.86%
201 E Lincoln Ave Fairfield, IA Very nice well built duplex on a quiet street. Open floor plan with large bedrooms and clo...	2 beds \| 2 baths \| 1,516 sq.ft.	$282,500	Airbnb cash on cash: -0.87% Traditional cash on cash: 4.62% Airbnb Rental Income: $1029 Traditional Rental Income: $2128 Airbnb ROI: -0.87% Traditional ROI: 4.62%
2311 Heritage Lane Iowa Falls, IA Enjoy care free living in this brand new townhome. Currently under construction and comple...	2 beds \| 2 baths \| 1,371 sq.ft.	$359,900	Airbnb cash on cash: -0.71% Traditional cash on cash: 3.91% Airbnb Rental Income: $1086 Traditional Rental Income: $2278 Airbnb ROI: -0.71% Traditional ROI: 3.91%
328 N 6th Street Oskaloosa, IA The transformation is amazing on this property!!! This South Duplex used to be the kitchen...	2 beds \| 2 baths \| 2,250 sq.ft.	$333,333	Airbnb cash on cash: -0.49% Traditional cash on cash: 3.87% Airbnb Rental Income: $1114 Traditional Rental Income: $2105 Airbnb ROI: -0.49% Traditional ROI: 3.87%
580 N Central Avenue Lacona, IA Experience refined country living in this custom-built barndominium on 2.85 peaceful acres...	3 beds \| 3 baths \| 1,536 sq.ft.	$424,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.3% Airbnb Rental Income: $null Traditional Rental Income: $2310 Airbnb ROI: N/A Traditional ROI: 4.3%
1103 Pleasant View Drive Des Moines, IA Nicely Updated 3-Bedroom, 2 Bathroom Home in a convenient SW Side of DSM location. This ho...	3 beds \| 2 baths \| 1,266 sq.ft.	$209,900	Airbnb cash on cash: 1.46% Traditional cash on cash: 6.28% Airbnb Rental Income: $1250 Traditional Rental Income: $1812 Airbnb ROI: 1.46% Traditional ROI: 6.28%
104 N 2nd Street Ida Grove, IA Check out this great ranch style home located in a quiet neighborhood in Ida Grove. This h...	3 beds \| 1 baths \| 1,012 sq.ft.	$137,000	Airbnb cash on cash: 1.6% Traditional cash on cash: 9.65% Airbnb Rental Income: $886 Traditional Rental Income: $1608 Airbnb ROI: 1.6% Traditional ROI: 9.65%
1310 Murphy Street unit: 306 Adair, IA NOW offering hard hat tours! Call today to schedule! Welcome to the Telus Condos, downtown...	1 beds \| 1 baths \| 930 sq.ft.	$274,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.18% Airbnb Rental Income: $null Traditional Rental Income: $1753 Airbnb ROI: N/A Traditional ROI: 3.18%
3814 Columbia Street Des Moines, IA Seller is offering $3K allowance toward whatever upgrades or costs buyer would prefer, wit...	3 beds \| 1 baths \| 1,078 sq.ft.	$236,000	Airbnb cash on cash: 0.96% Traditional cash on cash: 5.19% Airbnb Rental Income: $1250 Traditional Rental Income: $1797 Airbnb ROI: 0.96% Traditional ROI: 5.19%
5704 E 28th Street N Newton, IA Experience the freedom of acreage living with modern updates already in place. The main le...	4 beds \| 2 baths \| 1,568 sq.ft.	$330,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.4% Airbnb Rental Income: $null Traditional Rental Income: $2345 Airbnb ROI: N/A Traditional ROI: 5.4%
625 W Wright Road Norwalk, IA Quality-built, spacious two-story built by John Larson Homes; featuring exceptional crafts...	3 beds \| 3 baths \| 1,593 sq.ft.	$279,000	Airbnb cash on cash: -0.16% Traditional cash on cash: 6.69% Airbnb Rental Income: $1105 Traditional Rental Income: $2533 Airbnb ROI: -0.16% Traditional ROI: 6.69%
1215 College Boulevard Harlan, IA It is the white picket fence home that everyone wishes was theirs. This cottage-style thre...	3 beds \| 2 baths \| 1,426 sq.ft.	$249,500	Airbnb cash on cash: N/A Traditional cash on cash: 7.26% Airbnb Rental Income: $null Traditional Rental Income: $2259 Airbnb ROI: N/A Traditional ROI: 7.26%
100 Abigail Lane Waukee, IA 5 bedroom, 4 bathroom, move in ready two story home in a GREAT Glynn Village location over...	5 beds \| 4 baths \| 2,588 sq.ft.	$525,000	Airbnb cash on cash: 0.68% Traditional cash on cash: 3.42% Airbnb Rental Income: $2296 Traditional Rental Income: $3067 Airbnb ROI: 0.68% Traditional ROI: 3.42%
1996 S Warrior Lane Waukee, IA Step inside this Gladiator Home, where every detail reigns supreme. This stylish two-story...	3 beds \| 3 baths \| 1,630 sq.ft.	$279,900	Airbnb cash on cash: -1.11% Traditional cash on cash: 5.48% Airbnb Rental Income: $1127 Traditional Rental Income: $2489 Airbnb ROI: -1.11% Traditional ROI: 5.48%
1128 44th Street Des Moines, IA This is your opportunity to enjoy the South of Grand lifestyle-tree-lined streets, histori...	4 beds \| 1 baths \| 2,483 sq.ft.	$390,000	Airbnb cash on cash: -0.18% Traditional cash on cash: 1.68% Airbnb Rental Income: $1644 Traditional Rental Income: $1859 Airbnb ROI: -0.18% Traditional ROI: 1.68%
1612 Summit Circle NE Bondurant, IA Berkey Home Builders' customized Sloan XL Ranch is a stunning and functional home on a spa...	5 beds \| 3 baths \| 1,799 sq.ft.	$625,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.21% Airbnb Rental Income: $null Traditional Rental Income: $2897 Airbnb ROI: N/A Traditional ROI: 2.21%
618 J Ave NE Cedar Rapids, IA River and green space views in a convenient location! It's tucked away yet close to trails...	3 beds \| 3 baths \| 2,656 sq.ft.	$505,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.62% Airbnb Rental Income: $null Traditional Rental Income: $2971 Airbnb ROI: N/A Traditional ROI: 3.62%
2503 Olive Street Cedar Falls, IA Located just one block from UNI campus, this investment property generates consistent reve...	8 beds \| 4 baths \| N/A	$312,500	Airbnb cash on cash: 0.89% Traditional cash on cash: 2.79% Airbnb Rental Income: $1418 Traditional Rental Income: $1553 Airbnb ROI: 0.89% Traditional ROI: 2.79%

Real Estate investment in Iowa

There are 8,619 properties available for sale in the state of Iowa. Eldora, Davenport and Sioux City are the best rental property markets in Iowa. The average median price of properties for sale in these cities are $235,625 and the average price per square foot is $0. Their average monthly cash on cash return is 9.33%.

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

There are 8,619 investment properties available for sale in Iowa.

In 2026, Eldora is the best city to buy investment properties. Find more investment properties today!

In 2026, Eldora (14%) and Davenport (7%) has the highest cash on cash return for long term rentals in Iowa.

Your search for investment property begins and ends here

Investment Property for Sale in Iowa

2102 Taylor Avenue

Rowan, IA

5 beds | 3 baths | 3,038 sq.ft.

$429,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.81%

Airbnb Rental Income: $null

Traditional Rental Income: $2758

Airbnb ROI: N/A

Traditional ROI: 4.81%

2908 Schultz Drive NW

Cedar Rapids, IA

3 beds | 2 baths | 1,380 sq.ft.

$199,750

Airbnb cash on cash: N/A

Traditional cash on cash: 7.83%

Airbnb Rental Income: $null

Traditional Rental Income: $1999

Airbnb ROI: N/A

Traditional ROI: 7.83%

8233 Mahon Court

Johnston, IA

5 beds | 4 baths | 2,087 sq.ft.

$754,900

Airbnb cash on cash: -1.39%

Traditional cash on cash: 1.76%

Airbnb Rental Income: $1350

Traditional Rental Income: $3157

Airbnb ROI: -1.39%

Traditional ROI: 1.76%

629 Meadow Lane

Carroll, IA

4 beds | 3 baths | 1,496 sq.ft.

$419,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5%

Airbnb Rental Income: $null

Traditional Rental Income: $2494

Airbnb ROI: N/A

Traditional ROI: 5%

63 W Fisher Street

Dougherty, IA

3 beds | 1 baths | 2,574 sq.ft.

$129,900

Airbnb cash on cash: N/A

Traditional cash on cash: 11.77%

Airbnb Rental Income: $null

Traditional Rental Income: $1860

Airbnb ROI: N/A

Traditional ROI: 11.77%

975 11th Street

Waukee, IA

3 beds | 2 baths | 1,453 sq.ft.

$389,900

Airbnb cash on cash: -0.79%

Traditional cash on cash: 2.92%

Airbnb Rental Income: $1127

Traditional Rental Income: $2107

Airbnb ROI: -0.79%

Traditional ROI: 2.92%

1060 Gray Avenue

Waukee, IA

3 beds | 2 baths | 1,445 sq.ft.

$365,000

Airbnb cash on cash: -0.68%

Traditional cash on cash: 3.47%

Airbnb Rental Income: $1127

Traditional Rental Income: $2173

Airbnb ROI: -0.68%

Traditional ROI: 3.47%

47902 170th Ave

Laurens, IA

4 beds | 3 baths | 2,673 sq.ft.

$360,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.46%

Airbnb Rental Income: $null

Traditional Rental Income: $3171

Airbnb ROI: N/A