Real Estate Investment Properties for Sale in Milford, IA

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
2522 235th St MILFORD, IA Peaceful country living on over half an acre! This charming farmhouse has been taken down ...	3 beds \| 2 baths \| 1,042 sq.ft.	$250,000	Airbnb cash on cash: 3.18% Traditional cash on cash: 6.2% Airbnb Rental Income: $1629 Traditional Rental Income: $1880 Airbnb ROI: 3.18% Traditional ROI: 6.2%
715 10th St MILFORD, IA Where Art Meets Home - A Private Gallery in the Heart of Milford. Step inside and feel the...	4 beds \| 1 baths \| 1,680 sq.ft.	$274,900	Airbnb cash on cash: 3.31% Traditional cash on cash: 8.24% Airbnb Rental Income: $1888 Traditional Rental Income: $2663 Airbnb ROI: 3.31% Traditional ROI: 8.24%
1107 6th St MILFORD, IA This 2 bedroom, 1 bath home would make a great starter home or investment property. The l...	2 beds \| 1 baths \| 936 sq.ft.	$172,000	Airbnb cash on cash: 0.12% Traditional cash on cash: 7.87% Airbnb Rental Income: $720 Traditional Rental Income: $1680 Airbnb ROI: 0.12% Traditional ROI: 7.87%
1304 Jerdee Ln MILFORD, IA Summer in Okoboji is right around the corner and this beautifully updated property on 75 f...	4 beds \| 2 baths \| 1,464 sq.ft.	$575,000	Airbnb cash on cash: 0.63% Traditional cash on cash: 1.86% Airbnb Rental Income: $1888 Traditional Rental Income: $2046 Airbnb ROI: 0.63% Traditional ROI: 1.86%
1012 Hill St MILFORD, IA An Extraordinary West Lake Okoboji Waterfront Estate \| 50' of Premier Frontage in Miller's...	4 beds \| 3 baths \| 4,136 sq.ft.	$2,950,000	Airbnb cash on cash: -1.19% Traditional cash on cash: -0.25% Airbnb Rental Income: $1888 Traditional Rental Income: $3953 Airbnb ROI: -1.19% Traditional ROI: -0.25%
2173 230th Ave MILFORD, IA Location, Location! Have you been searching for some elbow room? Look no further! This stu...	4 beds \| 4 baths \| 5,160 sq.ft.	$1,299,900	Airbnb cash on cash: -0.33% Traditional cash on cash: 2.81% Airbnb Rental Income: $1888 Traditional Rental Income: $5175 Airbnb ROI: -0.33% Traditional ROI: 2.81%
2422 Burr Oak Cir MILFORD, IA Harken back to a more simple time with this quintessential lake cottage. Is there anything...	N/A beds \| N/A baths \| 1,382 sq.ft.	$999,000	Airbnb cash on cash: -1.1% Traditional cash on cash: 0.08% Airbnb Rental Income: $1057 Traditional Rental Income: $1788 Airbnb ROI: -1.1% Traditional ROI: 0.08%
2308 225th Ave MILFORD, IA Discover your dream home nestled on 1.41 acres in the serene landscape of Old Town, just o...	5 beds \| 3 baths \| 2,628 sq.ft.	$549,000	Airbnb cash on cash: 3.25% Traditional cash on cash: 4.17% Airbnb Rental Income: $3196 Traditional Rental Income: $2947 Airbnb ROI: 3.25% Traditional ROI: 4.17%
806 28th St #17 MILFORD, IA Welcome to affordable living in the heart of the Iowa Great Lakes! This home is move-in re...	2 beds \| 1 baths \| 1,120 sq.ft.	$139,000	Airbnb cash on cash: 1.2% Traditional cash on cash: 8.12% Airbnb Rental Income: $720 Traditional Rental Income: $1334 Airbnb ROI: 1.2% Traditional ROI: 8.12%
2209 Lakeshore Dr MILFORD, IA Hello Summer... This is how to live and play at the beach... Discover the essence of Cresc...	5 beds \| 3 baths \| 2,334 sq.ft.	$2,095,000	Airbnb cash on cash: -0.3% Traditional cash on cash: 0.01% Airbnb Rental Income: $3196 Traditional Rental Income: $3079 Airbnb ROI: -0.3% Traditional ROI: 0.01%
16 Helen Ave MILFORD, IA 16 Helen Ave, MILFORD, IA 51351 \| Other	N/A beds \| N/A baths \| N/A	$549,000	Airbnb cash on cash: -1.39% Traditional cash on cash: -1.41% Airbnb Rental Income: $1057 Traditional Rental Income: $682 Airbnb ROI: -1.39% Traditional ROI: -1.41%
1516 Lakeside Ave MILFORD, IA "West Lake Fun House"--Modern design meets West Lake Okoboji living in this one-of-a-kind ...	4 beds \| 3 baths \| 2,918 sq.ft.	$2,850,000	Airbnb cash on cash: -1.06% Traditional cash on cash: -0.53% Airbnb Rental Income: $1888 Traditional Rental Income: $2784 Airbnb ROI: -1.06% Traditional ROI: -0.53%
2229 195th Avenue Ave MILFORD, IA Looking for that special acreage in a country setting with tons of charm but also quick pr...	4 beds \| 2 baths \| 2,244 sq.ft.	$549,000	Airbnb cash on cash: 0.9% Traditional cash on cash: 2.47% Airbnb Rental Income: $1888 Traditional Rental Income: $2193 Airbnb ROI: 0.9% Traditional ROI: 2.47%
00 Ann St MILFORD, IA 00 Ann St, MILFORD, IA 51351 \| Other	N/A beds \| N/A baths \| N/A	$275,000	Airbnb cash on cash: -0.3% Traditional cash on cash: -0.04% Airbnb Rental Income: $1057 Traditional Rental Income: $758 Airbnb ROI: -0.3% Traditional ROI: -0.04%
20560 232nd St MILFORD, IA 20560 232nd St, MILFORD, IA 51351 \| Single Family Residential	4 beds \| 4 baths \| 4,106 sq.ft.	$1,390,000	Airbnb cash on cash: -1.56% Traditional cash on cash: 0.06% Airbnb Rental Income: $1888 Traditional Rental Income: $3486 Airbnb ROI: -1.56% Traditional ROI: 0.06%
20 Helen Ave MILFORD, IA 20 Helen Ave, MILFORD, IA 51351 \| Single Family Residential	6 beds \| 4 baths \| 4,157 sq.ft.	$1,799,000	Airbnb cash on cash: -1.14% Traditional cash on cash: -0.49% Airbnb Rental Income: $3196 Traditional Rental Income: $3561 Airbnb ROI: -1.14% Traditional ROI: -0.49%
2013 21st St MILFORD, IA THE OLD BAIT SHOP! Unique opportunity with unbeatable visibility right on Highway 71! This...	2 beds \| 2 baths \| 1,344 sq.ft.	$250,000	Airbnb cash on cash: -0.46% Traditional cash on cash: 4.03% Airbnb Rental Income: $720 Traditional Rental Income: $1473 Airbnb ROI: -0.46% Traditional ROI: 4.03%
2212 Okoboji MILFORD, IA Positioned along Highway 71, this income-producing property presents an exceptional value ...	N/A beds \| N/A baths \| N/A	$950,000	Airbnb cash on cash: -1.88% Traditional cash on cash: -0.89% Airbnb Rental Income: $1057 Traditional Rental Income: $1568 Airbnb ROI: -1.88% Traditional ROI: -0.89%
1110 M Ave Ave MILFORD, IA 1110 M Ave Ave, MILFORD, IA 51351 \| Single Family Residential	4 beds \| 1 baths \| 1,976 sq.ft.	$299,999	Airbnb cash on cash: 2.02% Traditional cash on cash: 2.44% Airbnb Rental Income: $1888 Traditional Rental Income: $1502 Airbnb ROI: 2.02% Traditional ROI: 2.44%
3016 Lakeview St St MILFORD, IA 3016 Lakeview St St, MILFORD, IA 51351 \| Single Family Residential	3 beds \| 2 baths \| 1,196 sq.ft.	$1,800,000	Airbnb cash on cash: -1.92% Traditional cash on cash: -1.53% Airbnb Rental Income: $1629 Traditional Rental Income: $1818 Airbnb ROI: -1.92% Traditional ROI: -1.53%
1207 Waska Dr MILFORD, IA Living off the Water...This home sits among the trees with west lake nearby. Offering 3 be...	3 beds \| 2 baths \| 2,860 sq.ft.	$449,500	Airbnb cash on cash: 0.96% Traditional cash on cash: 3.24% Airbnb Rental Income: $1629 Traditional Rental Income: $2128 Airbnb ROI: 0.96% Traditional ROI: 3.24%
2818 Breezy Heights Dr Dr MILFORD, IA 2818 Breezy Heights Dr Dr, MILFORD, IA 51351 \| Single Family Residential	4 beds \| 2 baths \| 2,312 sq.ft.	$1,725,000	Airbnb cash on cash: -1.76% Traditional cash on cash: -1.24% Airbnb Rental Income: $1888 Traditional Rental Income: $2205 Airbnb ROI: -1.76% Traditional ROI: -1.24%
2720 Breezy Hts MILFORD, IA 2720 Breezy Hts, MILFORD, IA 51351 \| Single Family Residential	5 beds \| 3 baths \| 4,172 sq.ft.	$3,947,500	Airbnb cash on cash: -1.91% Traditional cash on cash: -1.8% Airbnb Rental Income: $3196 Traditional Rental Income: $2893 Airbnb ROI: -1.91% Traditional ROI: -1.8%
806 28th St #44 MILFORD, IA Comfortable and well-laid-out, this 3-bedroom, 2-bath home in Green Acres MHP offers more ...	3 beds \| 2 baths \| 1,056 sq.ft.	$135,000	Airbnb cash on cash: 7.17% Traditional cash on cash: 11.65% Airbnb Rental Income: $1629 Traditional Rental Income: $1749 Airbnb ROI: 7.17% Traditional ROI: 11.65%
Ann St MILFORD, IA Ann St, MILFORD, IA 51351 \| Other	N/A beds \| N/A baths \| N/A	$199,900	Airbnb cash on cash: 0.61% Traditional cash on cash: 1.06% Airbnb Rental Income: $1057 Traditional Rental Income: $778 Airbnb ROI: 0.61% Traditional ROI: 1.06%
1300 Joy Loy Ln MILFORD, IA Completely reimagined and fully renovated, this stunning canal-front property near Miller'...	3 beds \| 1 baths \| 1,176 sq.ft.	$499,900	Airbnb cash on cash: 0.69% Traditional cash on cash: 1.85% Airbnb Rental Income: $1629 Traditional Rental Income: $1707 Airbnb ROI: 0.69% Traditional ROI: 1.85%
1382 220th Street St MILFORD, IA Some Homes simply cannot be duplicated - THIS is one of them. Custom-built by the original...	3 beds \| 3 baths \| 2,003 sq.ft.	$460,000	Airbnb cash on cash: 1.08% Traditional cash on cash: 4.36% Airbnb Rental Income: $1629 Traditional Rental Income: $2577 Airbnb ROI: 1.08% Traditional ROI: 4.36%
1206 N Ave MILFORD, IA Picture-perfect 1.5-story home offering timeless curb appeal and thoughtful updates in a c...	3 beds \| 1 baths \| 1,333 sq.ft.	$289,900	Airbnb cash on cash: 2.04% Traditional cash on cash: 6.13% Airbnb Rental Income: $1629 Traditional Rental Income: $2284 Airbnb ROI: 2.04% Traditional ROI: 6.13%
1808 Edgewood Dr MILFORD, IA 1808 Edgewood Dr, MILFORD, IA 51351 \| Single Family Residential	9 beds \| 3 baths \| 3,000 sq.ft.	$548,000	Airbnb cash on cash: 2.09% Traditional cash on cash: 2.76% Airbnb Rental Income: $3196 Traditional Rental Income: $2814 Airbnb ROI: 2.09% Traditional ROI: 2.76%
000 T Ave MILFORD, IA 000 T Ave, MILFORD, IA 51351 \| Other	N/A beds \| N/A baths \| N/A	$125,000	Airbnb cash on cash: 2.44% Traditional cash on cash: 3.05% Airbnb Rental Income: $1057 Traditional Rental Income: $766 Airbnb ROI: 2.44% Traditional ROI: 3.05%
606 Q Avenue MILFORD, IA This home offers 1,344 sq ft of living space on a generous 0.51 acre lot. The backyard is ...	5 beds \| 3 baths \| 1,344 sq.ft.	$265,000	Airbnb cash on cash: 7.33% Traditional cash on cash: 7.28% Airbnb Rental Income: $3196 Traditional Rental Income: $2464 Airbnb ROI: 7.33% Traditional ROI: 7.28%

Real Estate investment in Milford, IA

There are 39 properties for sale in the city of Milford . The median list price in Milford is $339,825 and the average price per square foot is $182. In June 2026, the average monthly cash on cash return in Milford is 3.00%. The average monthly rental income in Milford is $2,081.

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

There are 39 investment properties available for sale in Milford.

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

The ROI for Long-Term is higher than the Short-Term in Milford with average rental income of $2,081.

Your search for investment property begins and ends here

Investment Property for Sale in Milford, IA

2522 235th St

MILFORD, IA

3 beds | 2 baths | 1,042 sq.ft.

$250,000

Airbnb cash on cash: 3.18%

Traditional cash on cash: 6.2%

Airbnb Rental Income: $1629

Traditional Rental Income: $1880

Airbnb ROI: 3.18%

Traditional ROI: 6.2%

715 10th St

MILFORD, IA

4 beds | 1 baths | 1,680 sq.ft.

$274,900

Airbnb cash on cash: 3.31%

Traditional cash on cash: 8.24%

Airbnb Rental Income: $1888

Traditional Rental Income: $2663

Airbnb ROI: 3.31%

Traditional ROI: 8.24%

1107 6th St

MILFORD, IA

2 beds | 1 baths | 936 sq.ft.

$172,000

Airbnb cash on cash: 0.12%

Traditional cash on cash: 7.87%

Airbnb Rental Income: $720

Traditional Rental Income: $1680

Airbnb ROI: 0.12%

Traditional ROI: 7.87%

1304 Jerdee Ln

MILFORD, IA

4 beds | 2 baths | 1,464 sq.ft.

$575,000

Airbnb cash on cash: 0.63%

Traditional cash on cash: 1.86%

Airbnb Rental Income: $1888

Traditional Rental Income: $2046

Airbnb ROI: 0.63%

Traditional ROI: 1.86%

1012 Hill St

MILFORD, IA

4 beds | 3 baths | 4,136 sq.ft.

$2,950,000

Airbnb cash on cash: -1.19%

Traditional cash on cash: -0.25%

Airbnb Rental Income: $1888

Traditional Rental Income: $3953

Airbnb ROI: -1.19%

Traditional ROI: -0.25%

2173 230th Ave

MILFORD, IA

4 beds | 4 baths | 5,160 sq.ft.

$1,299,900

Airbnb cash on cash: -0.33%

Traditional cash on cash: 2.81%

Airbnb Rental Income: $1888

Traditional Rental Income: $5175

Airbnb ROI: -0.33%

Traditional ROI: 2.81%

2422 Burr Oak Cir

MILFORD, IA

N/A beds | N/A baths | 1,382 sq.ft.

$999,000

Airbnb cash on cash: -1.1%

Traditional cash on cash: 0.08%

Airbnb Rental Income: $1057

Traditional Rental Income: $1788

Airbnb ROI: -1.1%

Traditional ROI: 0.08%

2308 225th Ave

MILFORD, IA

5 beds | 3 baths | 2,628 sq.ft.

$549,000

Airbnb cash on cash: 3.25%

Traditional cash on cash: 4.17%

Airbnb Rental Income: $3196

Traditional Rental Income: $2947

Airbnb ROI: 3.25%