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

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
303 Marie Avenue Norwalk, IA Welcome home to this spacious two-story in the heart of Norwalk! With room to spread out a...	4 beds \| 4 baths \| 1,678 sq.ft.	$299,500	Airbnb cash on cash: 1.61% Traditional cash on cash: 3.64% Airbnb Rental Income: $1911 Traditional Rental Income: $1978 Airbnb ROI: 1.61% Traditional ROI: 3.64%
713 Bradford Drive Norwalk, IA The Filmore Raised Ranch plan offers over 2,131 finished SF complete with 2 living areas p...	3 beds \| 3 baths \| 1,156 sq.ft.	$325,000	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%
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.	$332,500	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.	$322,400	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%
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%
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%
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.	$464,900	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%
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.	$335,000	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%
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%
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%
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.	$569,900	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%
2987 Jaden Lane Norwalk, IA This property is giving off all of the positive vibes! Bright and sunny, 4 bedrooms, all n...	4 beds \| 2 baths \| 1,196 sq.ft.	$270,000	Airbnb cash on cash: 2.55% Traditional cash on cash: 4.88% Airbnb Rental Income: $1911 Traditional Rental Income: $1976 Airbnb ROI: 2.55% Traditional ROI: 4.88%
920 Willow Valley Drive Norwalk, IA Introducing the Hoover Plan, the perfect blend of convenience and style in Sunset Estates!...	3 beds \| 2 baths \| 1,166 sq.ft.	$326,000	Airbnb cash on cash: -0.55% Traditional cash on cash: 3.77% Airbnb Rental Income: $1105 Traditional Rental Income: $2053 Airbnb ROI: -0.55% Traditional ROI: 3.77%
926 Willow Valley Drive Norwalk, IA Welcome to the Eisenhower C Ranch by Greenland Homes. With 1,218 square feet of meticulous...	2 beds \| 2 baths \| 1,218 sq.ft.	$337,000	Airbnb cash on cash: -1.21% Traditional cash on cash: 3.56% Airbnb Rental Income: $875 Traditional Rental Income: $2053 Airbnb ROI: -1.21% Traditional ROI: 3.56%
730 Kitterman Circle Norwalk, IA A beautiful townhome in Norwalk - completely updated - is ready for you to move right in! ...	2 beds \| 2 baths \| 910 sq.ft.	$250,000	Airbnb cash on cash: -0.53% Traditional cash on cash: 4.38% Airbnb Rental Income: $875 Traditional Rental Income: $1699 Airbnb ROI: -0.53% Traditional ROI: 4.38%
325 S Walnut Drive Norwalk, IA Happe Homes presents the Callista plan in the new Valley View Community in Norwalk! This s...	4 beds \| 3 baths \| 1,620 sq.ft.	$510,000	Airbnb cash on cash: 0.19% Traditional cash on cash: 2.37% Airbnb Rental Income: $1911 Traditional Rental Income: $2440 Airbnb ROI: 0.19% Traditional ROI: 2.37%
134 Aspen Drive Norwalk, IA Gorgeous open-concept ranch home with over 1,600sf of quality finished space in a great lo...	3 beds \| 2 baths \| 853 sq.ft.	$319,900	Airbnb cash on cash: 0.1% Traditional cash on cash: 3.9% Airbnb Rental Income: $1105 Traditional Rental Income: $1875 Airbnb ROI: 0.1% Traditional ROI: 3.9%
710 Campusside Place Norwalk, IA Introducing the Hickory End-Unit townhome by Signature Companies-a stylish two-story desig...	3 beds \| 3 baths \| 1,605 sq.ft.	$249,900	Airbnb cash on cash: 0.16% Traditional cash on cash: 7.76% Airbnb Rental Income: $1105 Traditional Rental Income: $2526 Airbnb ROI: 0.16% Traditional ROI: 7.76%
714 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: 0.21% Traditional cash on cash: 7.97% Airbnb Rental Income: $1105 Traditional Rental Income: $2526 Airbnb ROI: 0.21% Traditional ROI: 7.97%
716 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: 0.21% Traditional cash on cash: 7.97% Airbnb Rental Income: $1105 Traditional Rental Income: $2526 Airbnb ROI: 0.21% Traditional ROI: 7.97%
620 Nantucket Place Norwalk, IA This amazing townhome is ready for you to move in and just enjoy! This townhome community ...	2 beds \| 3 baths \| 1,144 sq.ft.	$182,900	Airbnb cash on cash: -0.31% Traditional cash on cash: 8.07% Airbnb Rental Income: $875 Traditional Rental Income: $2014 Airbnb ROI: -0.31% Traditional ROI: 8.07%
1330 E 28th Street Norwalk, IA Ground Breaker Homes is pleased to present The Greens at Warrior Run Townhomes. This END u...	3 beds \| 3 baths \| 1,645 sq.ft.	$295,900	Airbnb cash on cash: -0.26% Traditional cash on cash: 6.41% Airbnb Rental Income: $1105 Traditional Rental Income: $2589 Airbnb ROI: -0.26% Traditional ROI: 6.41%
1336 E 28th Street Norwalk, IA Ground Breaker Homes is pleased to present The Greens at Warrior Run Townhomes. This middl...	3 beds \| 3 baths \| 1,645 sq.ft.	$290,900	Airbnb cash on cash: -0.22% Traditional cash on cash: 6.56% Airbnb Rental Income: $1105 Traditional Rental Income: $2589 Airbnb ROI: -0.22% Traditional ROI: 6.56%
1342 E 28th Street Norwalk, IA Ground Breaker Homes is pleased to present The Greens at Warrior Run Townhomes. This middl...	3 beds \| 3 baths \| 1,645 sq.ft.	$290,900	Airbnb cash on cash: -0.22% Traditional cash on cash: 6.62% Airbnb Rental Income: $1105 Traditional Rental Income: $2607 Airbnb ROI: -0.22% Traditional ROI: 6.62%
704 W Walnut Place Norwalk, IA Step inside this Gladiator Home where strength meets style and every detail is crafted for...	4 beds \| 3 baths \| 1,288 sq.ft.	$394,900	Airbnb cash on cash: 0.98% Traditional cash on cash: 3.59% Airbnb Rental Income: $1911 Traditional Rental Income: $2367 Airbnb ROI: 0.98% Traditional ROI: 3.59%
308 S Valley View Drive Norwalk, IA Welcome to the Gemini 3 floor plan, where affordability meets high-end finishes and modern...	3 beds \| 2 baths \| 1,387 sq.ft.	$359,900	Airbnb cash on cash: -0.66% Traditional cash on cash: 3.94% Airbnb Rental Income: $1105 Traditional Rental Income: $2286 Airbnb ROI: -0.66% Traditional ROI: 3.94%
218 Pin Oak Court Norwalk, IA Welcome to Orchard View Townhome community in one of Norwalk's most desired developments. ...	2 beds \| 3 baths \| 1,363 sq.ft.	$182,000	Airbnb cash on cash: -0.44% Traditional cash on cash: 9.39% Airbnb Rental Income: $875 Traditional Rental Income: $2352 Airbnb ROI: -0.44% Traditional ROI: 9.39%
2340 Green Leaf Circle Norwalk, IA Stunning Norwalk home with tax abatement! Thoughtfully designed with Hardie Plank siding, ...	5 beds \| 3 baths \| 2,131 sq.ft.	$700,000	Airbnb cash on cash: -1.77% Traditional cash on cash: 2.04% Airbnb Rental Income: $955 Traditional Rental Income: $3097 Airbnb ROI: -1.77% Traditional ROI: 2.04%

Real Estate investment in Norwalk, IA

There are 128 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 March 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 128 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

303 Marie Avenue

Norwalk, IA

4 beds | 4 baths | 1,678 sq.ft.

$299,500

Airbnb cash on cash: 1.61%

Traditional cash on cash: 3.64%

Airbnb Rental Income: $1911

Traditional Rental Income: $1978

Airbnb ROI: 1.61%

Traditional ROI: 3.64%

713 Bradford Drive

Norwalk, IA

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

$325,000

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%

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.

$332,500

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.

$322,400

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

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%

9365 Brooks Place

Norwalk, IA

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%