Real Estate Investment Properties for Sale in Norwalk, IA

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1411 Skylane Drive Norwalk, IA Located in the heart of Norwalk, this 4 bed/2 bath ranch is ready for its new owners! This...	4 beds \| 2 baths \| 960 sq.ft.	$260,000	Airbnb cash on cash: 2.95% Traditional cash on cash: 3.6% Airbnb Rental Income: $1911 Traditional Rental Income: $1564 Airbnb ROI: 2.95% Traditional ROI: 3.6%
2203 Avery Avenue Norwalk, IA Welcome home to this charming ranch in the heart of Norwalk, Iowa! This well-maintained 3-...	3 beds \| 1 baths \| 952 sq.ft.	$219,900	Airbnb cash on cash: 0.58% Traditional cash on cash: 4.49% Airbnb Rental Income: $1105 Traditional Rental Income: $1546 Airbnb ROI: 0.58% Traditional ROI: 4.49%
713 Bradford Drive Norwalk, IA The Filmore Raised Ranch plan offers over 1,800 finished SF complete with 2 living areas p...	3 beds \| 3 baths \| 1,156 sq.ft.	$335,000	Airbnb cash on cash: -0.85% Traditional cash on cash: 3.79% Airbnb Rental Income: $1105 Traditional Rental Income: $2191 Airbnb ROI: -0.85% Traditional ROI: 3.79%
9080 Oakwood Drive Norwalk, IA Completely remodeled split-foyer home located in the desirable Lakewood community with pri...	3 beds \| 1 baths \| 1,680 sq.ft.	$290,000	Airbnb cash on cash: -0.03% Traditional cash on cash: 3.88% Airbnb Rental Income: $1105 Traditional Rental Income: $1799 Airbnb ROI: -0.03% Traditional ROI: 3.88%
223 Burr Oak Court Norwalk, IA Come check out this great three bedroom and end-unit townhome in Orchard View! This townho...	3 beds \| 3 baths \| 1,594 sq.ft.	$229,900	Airbnb cash on cash: -0.63% Traditional cash on cash: 7.91% Airbnb Rental Income: $1105 Traditional Rental Income: $2588 Airbnb ROI: -0.63% Traditional ROI: 7.91%
1548 Timberview Drive Norwalk, IA This move-in-ready ranch offers 3 bedrooms and 3 bathrooms with a flexible layout. The mai...	3 beds \| 3 baths \| 1,430 sq.ft.	$419,900	Airbnb cash on cash: -0.94% Traditional cash on cash: 2.6% Airbnb Rental Income: $1105 Traditional Rental Income: $2123 Airbnb ROI: -0.94% Traditional ROI: 2.6%
1806 E 19th Court Norwalk, IA Come see this beautifully maintained two-story home in a prime Norwalk location. This home...	3 beds \| 4 baths \| 1,596 sq.ft.	$335,000	Airbnb cash on cash: -0.26% Traditional cash on cash: 5.28% Airbnb Rental Income: $1105 Traditional Rental Income: $2474 Airbnb ROI: -0.26% Traditional ROI: 5.28%
1536 High Road Norwalk, IA 3-bedroom, 2.5-bath home backing to mature trees with a fully fenced yard and 2-car garage...	3 beds \| 3 baths \| 992 sq.ft.	$324,900	Airbnb cash on cash: -0.15% Traditional cash on cash: 4.01% Airbnb Rental Income: $1105 Traditional Rental Income: $2000 Airbnb ROI: -0.15% Traditional ROI: 4.01%
340 Marie Avenue Norwalk, IA Step inside this Gladiator Home, where every detail reigns supreme. This TURBO 1773 plan i...	4 beds \| 3 baths \| 1,773 sq.ft.	$329,900	Airbnb cash on cash: 1.55% Traditional cash on cash: 5.83% Airbnb Rental Income: $1911 Traditional Rental Income: $2731 Airbnb ROI: 1.55% Traditional ROI: 5.83%
1712 Wethersfield Drive Norwalk, IA Ranch home with almost 2900 SQ FT finished & gorgeous views of Legacy Golf Course! Perfect...	4 beds \| 3 baths \| 1,658 sq.ft.	$525,000	Airbnb cash on cash: 0.15% Traditional cash on cash: 2.8% Airbnb Rental Income: $1911 Traditional Rental Income: $2705 Airbnb ROI: 0.15% Traditional ROI: 2.8%
9364 Brooks Place Norwalk, IA Welcome to our stunning East plan, full of natural light and warm inviting accents. A litt...	3 beds \| 4 baths \| 1,997 sq.ft.	$429,000	Airbnb cash on cash: -1.66% Traditional cash on cash: 4.84% Airbnb Rental Income: $1105 Traditional Rental Income: $3341 Airbnb ROI: -1.66% Traditional ROI: 4.84%
9373 Brooks Place Norwalk, IA Our stunning West plan is an impressive 2,581 finished SF. Warm laminate wood flooring wel...	3 beds \| 4 baths \| 1,906 sq.ft.	$414,000	Airbnb cash on cash: -1.63% Traditional cash on cash: 5.2% Airbnb Rental Income: $1105 Traditional Rental Income: $3379 Airbnb ROI: -1.63% Traditional ROI: 5.2%
9365 Brooks Place Norwalk, IA Our stunning West plan is an impressive 2,581 finished SF. Warm laminate wood flooring wel...	3 beds \| 4 baths \| 1,906 sq.ft.	$399,900	Airbnb cash on cash: -1.59% Traditional cash on cash: 5.63% Airbnb Rental Income: $1105 Traditional Rental Income: $3439 Airbnb ROI: -1.59% Traditional ROI: 5.63%
9360 Brooks Place Norwalk, IA Welcome to our stunning East plan, full of natural light and warm inviting accents. A litt...	3 beds \| 4 baths \| 1,997 sq.ft.	$439,000	Airbnb cash on cash: -1.68% Traditional cash on cash: 4.67% Airbnb Rental Income: $1105 Traditional Rental Income: $3341 Airbnb ROI: -1.68% Traditional ROI: 4.67%
9441 Coneflower Circle Norwalk, IA Discover this immaculate 5-bedroom executive ranch home, perfectly situated on a beautiful...	5 beds \| 5 baths \| 2,328 sq.ft.	$884,900	Airbnb cash on cash: -2.05% Traditional cash on cash: 1.18% Airbnb Rental Income: $955 Traditional Rental Income: $3268 Airbnb ROI: -2.05% Traditional ROI: 1.18%
305 S Valley View Drive Norwalk, IA Step inside and discover a blend of modern design and comfort that's perfect for anyone lo...	3 beds \| 2 baths \| 1,346 sq.ft.	$330,000	Airbnb cash on cash: -0.53% Traditional cash on cash: 4.25% Airbnb Rental Income: $1105 Traditional Rental Income: $2214 Airbnb ROI: -0.53% Traditional ROI: 4.25%
201 S Valley View Drive Norwalk, IA Welcome to 201 S Valley View Drive. Where cozy meets clean modern living. This brand-new r...	3 beds \| 2 baths \| 1,364 sq.ft.	$325,000	Airbnb cash on cash: -0.5% Traditional cash on cash: 4.2% Airbnb Rental Income: $1105 Traditional Rental Income: $2166 Airbnb ROI: -0.5% Traditional ROI: 4.2%
617 W Wright Road Norwalk, IA $2,000 Window treatment allowance in December and January! Quality-built two-story home by...	3 beds \| 3 baths \| 1,593 sq.ft.	$279,000	Airbnb cash on cash: -0.16% Traditional cash on cash: 6.65% Airbnb Rental Income: $1105 Traditional Rental Income: $2524 Airbnb ROI: -0.16% Traditional ROI: 6.65%
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%
2227 Green Leaf Circle Norwalk, IA NEW: Completed January 16, 2026. Daylight windows, 3BR Ranch!!! 3 car garage. 2 baths. App...	3 beds \| 2 baths \| 1,836 sq.ft.	$525,000	Airbnb cash on cash: -0.22% Traditional cash on cash: 3.61% Airbnb Rental Income: $1105 Traditional Rental Income: $2616 Airbnb ROI: -0.22% Traditional ROI: 3.61%
623 W Wright Road Norwalk, IA Quality-built two-story by John Larson Homes featuring exceptional craftsmanship and thoug...	3 beds \| 3 baths \| 1,593 sq.ft.	$279,000	Airbnb cash on cash: -0.16% Traditional cash on cash: 6.65% Airbnb Rental Income: $1105 Traditional Rental Income: $2524 Airbnb ROI: -0.16% Traditional ROI: 6.65%
2909 Yordi Drive Norwalk, IA GET AS LOW AS 3.75% INTEREST RATE ON THIS HOME. ASK ABOUT OUR BUILDER 2/1 RATE BUY DOWN PR...	4 beds \| 3 baths \| 1,809 sq.ft.	$309,990	Airbnb cash on cash: 1.88% Traditional cash on cash: 6.41% Airbnb Rental Income: $1911 Traditional Rental Income: $2727 Airbnb ROI: 1.88% Traditional ROI: 6.41%
5087 Fulton Street Norwalk, IA Location, location, location! Looking for a project with great development potential, take...	3 beds \| 2 baths \| 1,516 sq.ft.	$315,000	Airbnb cash on cash: 0.26% Traditional cash on cash: 5.55% Airbnb Rental Income: $1105 Traditional Rental Income: $2297 Airbnb ROI: 0.26% Traditional ROI: 5.55%
803 Campusside Place Norwalk, IA Welcome home to the Whitfield townhome by Signature Companies-a beautifully finished 2BD/2...	2 beds \| 2 baths \| 1,399 sq.ft.	$224,900	Airbnb cash on cash: -1.28% Traditional cash on cash: 6.31% Airbnb Rental Income: $875 Traditional Rental Income: $2155 Airbnb ROI: -1.28% Traditional ROI: 6.31%
805 Campusside Place Norwalk, IA Welcome home to the Whitfield townhome by Signature Companies-a beautifully finished 2BD/2...	2 beds \| 2 baths \| 1,399 sq.ft.	$224,900	Airbnb cash on cash: -1.28% Traditional cash on cash: 6.31% Airbnb Rental Income: $875 Traditional Rental Income: $2155 Airbnb ROI: -1.28% Traditional ROI: 6.31%
807 Campusside Place Norwalk, IA Welcome home to the Whitfield townhome by Signature Companies-a beautifully finished 2BD/2...	2 beds \| 2 baths \| 1,399 sq.ft.	$229,900	Airbnb cash on cash: -1.31% Traditional cash on cash: 6.21% Airbnb Rental Income: $875 Traditional Rental Income: $2175 Airbnb ROI: -1.31% Traditional ROI: 6.21%
301 S Walnut Drive Norwalk, IA Experience the Logan plan by Trust Builders in Norwalk's desirable Valley View Development...	4 beds \| 3 baths \| 2,129 sq.ft.	$469,900	Airbnb cash on cash: 0.4% Traditional cash on cash: 4% Airbnb Rental Income: $1911 Traditional Rental Income: $2989 Airbnb ROI: 0.4% Traditional ROI: 4%
2257 Green Leaf Circle Norwalk, IA This 5-bedroom, 3-bath residence boasts 2,002 sq ft on the main level with an additional 1...	5 beds \| 3 baths \| 2,002 sq.ft.	$725,000	Airbnb cash on cash: -0.3% Traditional cash on cash: 2.86% Airbnb Rental Income: $955 Traditional Rental Income: $2740 Airbnb ROI: -0.3% Traditional ROI: 2.86%
938 Cherry Parkway Norwalk, IA Charming & move-in ready split foyer in the heart of Norwalk! This well-maintained 3-bedro...	3 beds \| 1 baths \| 833 sq.ft.	$254,900	Airbnb cash on cash: 0.25% Traditional cash on cash: 3.6% Airbnb Rental Income: $1105 Traditional Rental Income: $1538 Airbnb ROI: 0.25% Traditional ROI: 3.6%
2004 Bluebell Drive Norwalk, IA Welcome to 2004 Bluebell Drive! with a 4 car oversized garage! This custom 4 bed, 4 bath h...	4 beds \| 4 baths \| 1,820 sq.ft.	$689,900	Airbnb cash on cash: -0.35% Traditional cash on cash: 2.04% Airbnb Rental Income: $1911 Traditional Rental Income: $2941 Airbnb ROI: -0.35% Traditional ROI: 2.04%
213 S Walnut Drive Norwalk, IA Welcome Home to Norwalk Charm! Step into this delightful ranch home nestled in the heart o...	2 beds \| 2 baths \| 1,321 sq.ft.	$340,000	Airbnb cash on cash: 0.21% Traditional cash on cash: 5.35% Airbnb Rental Income: $875 Traditional Rental Income: $2182 Airbnb ROI: 0.21% Traditional ROI: 5.35%
2920 Prairieside Place Norwalk, IA Looking for a new build without the hassle and wait? This 3 bed, 2 bath, ranch has a beaut...	3 beds \| 2 baths \| 1,311 sq.ft.	$377,400	Airbnb cash on cash: 0.24% Traditional cash on cash: 4.3% Airbnb Rental Income: $1105 Traditional Rental Income: $2168 Airbnb ROI: 0.24% Traditional ROI: 4.3%
804 Campusside Place Norwalk, IA Introducing the Hickory townhome by Signature Companies-a stylish two-story design featuri...	3 beds \| 3 baths \| 1,605 sq.ft.	$244,900	Airbnb cash on cash: -0.55% Traditional cash on cash: 7.2% Airbnb Rental Income: $1105 Traditional Rental Income: $2527 Airbnb ROI: -0.55% Traditional ROI: 7.2%
3001 Bracken Place Norwalk, IA Welcome home to the Whitfield townhome by Signature Companies-a beautifully finished 2BD/2...	2 beds \| 2 baths \| 1,399 sq.ft.	$229,900	Airbnb cash on cash: -1.31% Traditional cash on cash: 6.22% Airbnb Rental Income: $875 Traditional Rental Income: $2178 Airbnb ROI: -1.31% Traditional ROI: 6.22%
3003 Bracken Place Norwalk, IA Welcome home to the Whitfield townhome by Signature Companies-a beautifully finished 2BD/2...	2 beds \| 2 baths \| 1,399 sq.ft.	$224,900	Airbnb cash on cash: -1.28% Traditional cash on cash: 6.41% Airbnb Rental Income: $875 Traditional Rental Income: $2178 Airbnb ROI: -1.28% Traditional ROI: 6.41%
3005 Bracken Place Norwalk, IA Welcome home to the Whitfield townhome by Signature Companies-a beautifully finished 2BD/2...	2 beds \| 2 baths \| 1,399 sq.ft.	$224,900	Airbnb cash on cash: -1.28% Traditional cash on cash: 6.37% Airbnb Rental Income: $875 Traditional Rental Income: $2169 Airbnb ROI: -1.28% Traditional ROI: 6.37%
3007 Bracken Place Norwalk, IA Welcome home to the Whitfield townhome by Signature Companies-a beautifully finished 2BD/2...	2 beds \| 2 baths \| 1,399 sq.ft.	$224,900	Airbnb cash on cash: -1.28% Traditional cash on cash: 6.37% Airbnb Rental Income: $875 Traditional Rental Income: $2169 Airbnb ROI: -1.28% Traditional ROI: 6.37%
3009 Bracken Place Norwalk, IA Welcome home to the Whitfield townhome by Signature Companies-a beautifully finished 2BD/2...	2 beds \| 2 baths \| 1,399 sq.ft.	$224,900	Airbnb cash on cash: -1.28% Traditional cash on cash: 6.37% Airbnb Rental Income: $875 Traditional Rental Income: $2169 Airbnb ROI: -1.28% Traditional ROI: 6.37%
3011 Bracken Place Norwalk, IA Welcome home to the Whitfield townhome by Signature Companies-a beautifully finished 2BD/2...	2 beds \| 2 baths \| 1,399 sq.ft.	$229,900	Airbnb cash on cash: -1.31% Traditional cash on cash: 6.22% Airbnb Rental Income: $875 Traditional Rental Income: $2178 Airbnb ROI: -1.31% Traditional ROI: 6.22%
315 Turnberry Drive Norwalk, IA Gorgeous executive home with 3920 SF of beautiful finish ready for the buyer who wants lux...	5 beds \| 4 baths \| 2,929 sq.ft.	$582,500	Airbnb cash on cash: -1.65% Traditional cash on cash: 3.2% Airbnb Rental Income: $955 Traditional Rental Income: $3249 Airbnb ROI: -1.65% Traditional ROI: 3.2%

Real Estate investment in Norwalk, IA

There are 116 properties for sale in the city of Norwalk . The median list price in Norwalk is $325,500 and the average price per square foot is $207. In February 2026, the average monthly cash on cash return in Norwalk is 5.00%. The average monthly rental income in Norwalk is $2,435.

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

There are 116 investment properties available for sale in Norwalk.

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

The ROI for Short-Term is higher than the Long-Term in Norwalk with average rental income of $1,105.

Your search for investment property begins and ends here

Investment Property for Sale in Norwalk, IA

1411 Skylane Drive

Norwalk, IA

4 beds | 2 baths | 960 sq.ft.

$260,000

Airbnb cash on cash: 2.95%

Traditional cash on cash: 3.6%

Airbnb Rental Income: $1911

Traditional Rental Income: $1564

Airbnb ROI: 2.95%

Traditional ROI: 3.6%

2203 Avery Avenue

Norwalk, IA

3 beds | 1 baths | 952 sq.ft.

$219,900

Airbnb cash on cash: 0.58%

Traditional cash on cash: 4.49%

Airbnb Rental Income: $1105

Traditional Rental Income: $1546

Airbnb ROI: 0.58%

Traditional ROI: 4.49%

713 Bradford Drive

Norwalk, IA

3 beds | 3 baths | 1,156 sq.ft.

$335,000

Airbnb cash on cash: -0.85%

Traditional cash on cash: 3.79%

Airbnb Rental Income: $1105

Traditional Rental Income: $2191

Airbnb ROI: -0.85%

Traditional ROI: 3.79%

9080 Oakwood Drive

Norwalk, IA

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

$290,000

Airbnb cash on cash: -0.03%

Traditional cash on cash: 3.88%

Airbnb Rental Income: $1105

Traditional Rental Income: $1799

Airbnb ROI: -0.03%

Traditional ROI: 3.88%

223 Burr Oak Court

Norwalk, IA

3 beds | 3 baths | 1,594 sq.ft.

$229,900

Airbnb cash on cash: -0.63%

Traditional cash on cash: 7.91%

Airbnb Rental Income: $1105

Traditional Rental Income: $2588

Airbnb ROI: -0.63%

Traditional ROI: 7.91%

1548 Timberview Drive

Norwalk, IA

3 beds | 3 baths | 1,430 sq.ft.

$419,900

Airbnb cash on cash: -0.94%

Traditional cash on cash: 2.6%

Airbnb Rental Income: $1105

Traditional Rental Income: $2123

Airbnb ROI: -0.94%

Traditional ROI: 2.6%

1806 E 19th Court

Norwalk, IA

3 beds | 4 baths | 1,596 sq.ft.

$335,000

Airbnb cash on cash: -0.26%

Traditional cash on cash: 5.28%

Airbnb Rental Income: $1105

Traditional Rental Income: $2474

Airbnb ROI: -0.26%

Traditional ROI: 5.28%

1536 High Road

Norwalk, IA

3 beds | 3 baths | 992 sq.ft.

$324,900

Airbnb cash on cash: -0.15%

Traditional cash on cash: 4.01%

Airbnb Rental Income: $1105

Traditional Rental Income: $2000

Airbnb ROI: -0.15%