Real Estate Investment Properties for Sale in Madrid, IA

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
317 W 22nd Street Madrid, IA If you're looking for an affordable home, this ranch in Madrid is a must-see! Offering nea...	3 beds \| 1 baths \| 960 sq.ft.	$184,900	Airbnb cash on cash: 7.17% Traditional cash on cash: 6.9% Airbnb Rental Income: $2455 Traditional Rental Income: $1810 Airbnb ROI: 7.17% Traditional ROI: 6.9%
213 W 7th Street Madrid, IA Welcome to this beautifully updated two-story home in the heart of Madrid! Featuring 3 bed...	3 beds \| 2 baths \| 2,016 sq.ft.	$279,900	Airbnb cash on cash: 4.59% Traditional cash on cash: 7.82% Airbnb Rental Income: $2455 Traditional Rental Income: $2709 Airbnb ROI: 4.59% Traditional ROI: 7.82%
102 N Locust St Madrid, IA This stately, solid built home was one of the original homes built in Madrid back in 1880 ...	4 beds \| 2 baths \| 2,593 sq.ft.	$305,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.39% Airbnb Rental Income: $null Traditional Rental Income: $1642 Airbnb ROI: N/A Traditional ROI: 3.39%
1591 331st Drive Madrid, IA Schedule your showing today on this beautifully updated ranch home! This move-in ready gem...	4 beds \| 2 baths \| 1,065 sq.ft.	$337,500	Airbnb cash on cash: N/A Traditional cash on cash: 3.13% Airbnb Rental Income: $null Traditional Rental Income: $1730 Airbnb ROI: N/A Traditional ROI: 3.13%
113 N Locust Street Madrid, IA Welcome home to this charming two-story residence on a spacious corner double lot in the h...	3 beds \| 2 baths \| 1,751 sq.ft.	$250,000	Airbnb cash on cash: 5% Traditional cash on cash: 7.81% Airbnb Rental Income: $2455 Traditional Rental Income: $2521 Airbnb ROI: 5% Traditional ROI: 7.81%
216 E Second Street Madrid, IA Charming, Well-Maintained Home on a Spacious Corner LotThis beautifully cared-for home off...	3 beds \| 2 baths \| 1,642 sq.ft.	$239,900	Airbnb cash on cash: 5.28% Traditional cash on cash: 5.88% Airbnb Rental Income: $2455 Traditional Rental Income: $1992 Airbnb ROI: 5.28% Traditional ROI: 5.88%
306 N Union Street Madrid, IA Charming and Spacious Home Filled with Natural Light!This beautiful three-bedroom, two-bat...	3 beds \| 2 baths \| 1,578 sq.ft.	$179,500	Airbnb cash on cash: 8.5% Traditional cash on cash: 11.72% Airbnb Rental Income: $2455 Traditional Rental Income: $2406 Airbnb ROI: 8.5% Traditional ROI: 11.72%
312 Bennett Avenue Madrid, IA Welcome to this charming home in Luther. This home is a well maintained 1-bedroom, 1-bath ...	1 beds \| 1 baths \| 1,367 sq.ft.	$165,500	Airbnb cash on cash: 0.76% Traditional cash on cash: 8.34% Airbnb Rental Income: $810 Traditional Rental Income: $1684 Airbnb ROI: 0.76% Traditional ROI: 8.34%
1675 Peach Avenue Madrid, IA Bring your vision to this ranch home on 3.4 beautiful and private acres. Ideal for those s...	3 beds \| 2 baths \| 1,994 sq.ft.	$399,000	Airbnb cash on cash: 2.94% Traditional cash on cash: 5.21% Airbnb Rental Income: $2455 Traditional Rental Income: $2705 Airbnb ROI: 2.94% Traditional ROI: 5.21%
210 N Union Street Madrid, IA Welcome to this one of a kind brand new construction home in Madrid, a rare opportunity yo...	3 beds \| 2 baths \| 1,359 sq.ft.	$324,900	Airbnb cash on cash: 4.7% Traditional cash on cash: 6.5% Airbnb Rental Income: $2455 Traditional Rental Income: $2406 Airbnb ROI: 4.7% Traditional ROI: 6.5%
625 S Green Street Madrid, IA Welcome to 625 S Green St in Madrid! This 2-bedroom, 1-bath home offers an opportunity for...	2 beds \| 1 baths \| 794 sq.ft.	$115,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.44% Airbnb Rental Income: $null Traditional Rental Income: $1509 Airbnb ROI: N/A Traditional ROI: 10.44%
307 E North St Madrid, IA 307 E North St, Madrid, IA 50156 \| Single Family Residential	3 beds \| 1 baths \| 1,399 sq.ft.	$210,000	Airbnb cash on cash: 6.31% Traditional cash on cash: 5.36% Airbnb Rental Income: $2455 Traditional Rental Income: $1667 Airbnb ROI: 6.31% Traditional ROI: 5.36%
108 S Main Street Madrid, IA This 2-bedroom, 1.5-bath home offers just under 1,000 square feet of efficient living spac...	2 beds \| 2 baths \| 980 sq.ft.	$142,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.22% Airbnb Rental Income: $null Traditional Rental Income: $1741 Airbnb ROI: N/A Traditional ROI: 10.22%
216 E Second St Madrid, IA 216 E Second St, Madrid, IA 50156 \| Single Family Residential	3 beds \| 2 baths \| 1,642 sq.ft.	$239,900	Airbnb cash on cash: 5.23% Traditional cash on cash: 6.85% Airbnb Rental Income: $2455 Traditional Rental Income: $2224 Airbnb ROI: 5.23% Traditional ROI: 6.85%
325 N Locust Street Madrid, IA This well-maintained home offers an exceptional blend of space, comfort, and versatility w...	5 beds \| 2 baths \| 2,000 sq.ft.	$275,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.71% Airbnb Rental Income: $null Traditional Rental Income: $2789 Airbnb ROI: N/A Traditional ROI: 7.71%
335 Springer Court Madrid, IA HOME IS COMPLETE! Fall in love with the Gemini 1387 3BR, 2 bath floor plan with an incredi...	3 beds \| 2 baths \| 1,387 sq.ft.	$388,900	Airbnb cash on cash: 3.75% Traditional cash on cash: 5.36% Airbnb Rental Income: $2455 Traditional Rental Income: $2445 Airbnb ROI: 3.75% Traditional ROI: 5.36%
806 Kingman Boulevard Madrid, IA Home is Complete. Stunning New Construction by Gladiator Homes - Sabre-2 Floor Plan! This ...	4 beds \| 2 baths \| 1,331 sq.ft.	$425,700	Airbnb cash on cash: N/A Traditional cash on cash: 4.74% Airbnb Rental Income: $null Traditional Rental Income: $2415 Airbnb ROI: N/A Traditional ROI: 4.74%
00 Ironwood Acres Plat 1 Lot 3 Madrid, IA 00 Ironwood Acres Plat 1 Lot 3, Madrid, IA 50156 \| Other	N/A beds \| N/A baths \| N/A	$135,000	Airbnb cash on cash: 1.63% Traditional cash on cash: 5.14% Airbnb Rental Income: $987 Traditional Rental Income: $1089 Airbnb ROI: 1.63% Traditional ROI: 5.14%
118 N Kennedy Ave Madrid, IA 118 N Kennedy Ave, Madrid, IA 50156 \| Other	N/A beds \| N/A baths \| N/A	$225,000	Airbnb cash on cash: -0.01% Traditional cash on cash: 2.13% Airbnb Rental Income: $987 Traditional Rental Income: $1089 Airbnb ROI: -0.01% Traditional ROI: 2.13%
2082 T Avenue Madrid, IA Country living at its best-just 30 minutes from Des Moines! This 4-bedroom, 3-bath walkout...	4 beds \| 3 baths \| 1,600 sq.ft.	$700,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.91% Airbnb Rental Income: $null Traditional Rental Income: $2726 Airbnb ROI: N/A Traditional ROI: 1.91%
12083 NW 130th Court Madrid, IA If your weekends = adventure, then this property = H-O-M-E. Just a block from Jester Park,...	4 beds \| 2 baths \| 1,136 sq.ft.	$358,800	Airbnb cash on cash: N/A Traditional cash on cash: 3.52% Airbnb Rental Income: $null Traditional Rental Income: $2133 Airbnb ROI: N/A Traditional ROI: 3.52%
1571 Quill Ave. Madrid, IA Your Opportunity for an Acreage with a Spacious Home on a Hard-Surface Road. Discover this...	3 beds \| 4 baths \| 3,692 sq.ft.	$499,000	Airbnb cash on cash: 1.99% Traditional cash on cash: 5.28% Airbnb Rental Income: $2455 Traditional Rental Income: $3392 Airbnb ROI: 1.99% Traditional ROI: 5.28%
109 N County Line Road Madrid, IA Welcome to small-town living just outside the city limits of Madrid. Situated on over 0.6 ...	3 beds \| 2 baths \| 2,032 sq.ft.	$355,000	Airbnb cash on cash: 3.24% Traditional cash on cash: 5.71% Airbnb Rental Income: $2455 Traditional Rental Income: $2680 Airbnb ROI: 3.24% Traditional ROI: 5.71%
628 W 2nd Street Madrid, IA All information obtained from seller and public record.	2 beds \| 1 baths \| 936 sq.ft.	$225,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.59% Airbnb Rental Income: $null Traditional Rental Income: $1584 Airbnb ROI: N/A Traditional ROI: 4.59%
505 W 5th St Madrid, IA 505 W 5th St, Madrid, IA 50276 \| Other	N/A beds \| N/A baths \| N/A	$85,000	Airbnb cash on cash: 3.97% Traditional cash on cash: 9.35% Airbnb Rental Income: $987 Traditional Rental Income: $1082 Airbnb ROI: 3.97% Traditional ROI: 9.35%

Real Estate investment in Madrid, IA

There are 25 properties for sale in the city of Madrid . The median list price in Madrid is $244,950 and the average price per square foot is $155. In January 2026, the average monthly cash on cash return in Madrid is 6.00%. The average monthly rental income in Madrid is $2,063.

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

There are 25 investment properties available for sale in Madrid.

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

The ROI for Long-Term is higher than the Short-Term in Madrid with average rental income of $2,063.

Your search for investment property begins and ends here

Investment Property for Sale in Madrid, IA

317 W 22nd Street

Madrid, IA

3 beds | 1 baths | 960 sq.ft.

$184,900

Airbnb cash on cash: 7.17%

Traditional cash on cash: 6.9%

Airbnb Rental Income: $2455

Traditional Rental Income: $1810

Airbnb ROI: 7.17%

Traditional ROI: 6.9%

213 W 7th Street

Madrid, IA

3 beds | 2 baths | 2,016 sq.ft.

$279,900

Airbnb cash on cash: 4.59%

Traditional cash on cash: 7.82%

Airbnb Rental Income: $2455

Traditional Rental Income: $2709

Airbnb ROI: 4.59%

Traditional ROI: 7.82%

102 N Locust St

Madrid, IA

4 beds | 2 baths | 2,593 sq.ft.

$305,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.39%

Airbnb Rental Income: $null

Traditional Rental Income: $1642

Airbnb ROI: N/A

Traditional ROI: 3.39%

1591 331st Drive

Madrid, IA

4 beds | 2 baths | 1,065 sq.ft.

$337,500

Airbnb cash on cash: N/A

Traditional cash on cash: 3.13%

Airbnb Rental Income: $null

Traditional Rental Income: $1730

Airbnb ROI: N/A

Traditional ROI: 3.13%

113 N Locust Street

Madrid, IA

3 beds | 2 baths | 1,751 sq.ft.

$250,000

Airbnb cash on cash: 5%

Traditional cash on cash: 7.81%

Airbnb Rental Income: $2455

Traditional Rental Income: $2521

Airbnb ROI: 5%

Traditional ROI: 7.81%

216 E Second Street

Madrid, IA

3 beds | 2 baths | 1,642 sq.ft.

$239,900

Airbnb cash on cash: 5.28%

Traditional cash on cash: 5.88%

Airbnb Rental Income: $2455

Traditional Rental Income: $1992

Airbnb ROI: 5.28%

Traditional ROI: 5.88%

306 N Union Street

Madrid, IA

3 beds | 2 baths | 1,578 sq.ft.

$179,500

Airbnb cash on cash: 8.5%

Traditional cash on cash: 11.72%

Airbnb Rental Income: $2455

Traditional Rental Income: $2406

Airbnb ROI: 8.5%

Traditional ROI: 11.72%

312 Bennett Avenue

Madrid, IA

1 beds | 1 baths | 1,367 sq.ft.

$165,500

Airbnb cash on cash: 0.76%

Traditional cash on cash: 8.34%

Airbnb Rental Income: $810

Traditional Rental Income: $1684

Airbnb ROI: 0.76%