Real Estate Investment Properties for Sale in Spencer, IA

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

Explore a variety of short-term homes & houses in Spencer, IA. Invest wisely with VRBO & Spencer, IA Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Round Rock Investment Property for Sale in Spencer, IA

Search for Round Rock Investment Property for Sale in Spencer, Iowa. Browse all of Mashvisor’s Round Rock Investment Property listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 28 Round Rock Investment Property listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
21 W 1ST ST Spencer, IA 21 W 1st Street \| Spencer, IA Value-add opportunity in Spencer!! This 6-plex offers stron...	N/A beds \| N/A baths \| 4,308 sq.ft.	$175,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.3% Airbnb Rental Income: $null Traditional Rental Income: $1514 Airbnb ROI: N/A Traditional ROI: 5.3%
1900 4th Ave. SW 106 Spencer, IA First floor Condominium on the Spencer Municipal Golf Course. This one-bedroom unit offers...	1 beds \| N/A baths \| 783 sq.ft.	$121,000	Airbnb cash on cash: -0.39% Traditional cash on cash: 7.91% Airbnb Rental Income: $909 Traditional Rental Income: $1536 Airbnb ROI: -0.39% Traditional ROI: 7.91%
313 9th Street SW Spencer, IA All brand new! This house was completely renovated inside after the flood in June 2024. Ne...	3 beds \| 1 baths \| 912 sq.ft.	$150,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.85% Airbnb Rental Income: $null Traditional Rental Income: $1669 Airbnb ROI: N/A Traditional ROI: 8.85%
1706 3rd Ave E Spencer, IA Beautiful two bedroom 1 bath bungalow in a quiet area. Original hard wood floors in main l...	2 beds \| 1 baths \| 2,032 sq.ft.	$169,000	Airbnb cash on cash: 3.03% Traditional cash on cash: 6.92% Airbnb Rental Income: $1392 Traditional Rental Income: $1598 Airbnb ROI: 3.03% Traditional ROI: 6.92%
3202 W 3rd Street Spencer, IA Charming Opportunity for your new home at 3202 West 3rd Street! Located on a quiet cul-de...	2 beds \| 1 baths \| 1,096 sq.ft.	$215,900	Airbnb cash on cash: 2.03% Traditional cash on cash: 4.47% Airbnb Rental Income: $1392 Traditional Rental Income: $1469 Airbnb ROI: 2.03% Traditional ROI: 4.47%
1813 20th Avenue W Spencer, IA Easy Living Opportunity! Perfect for anyone looking to downsize or simplify their daily li...	3 beds \| 1 baths \| 1,794 sq.ft.	$337,000	Airbnb cash on cash: 0.82% Traditional cash on cash: 2.29% Airbnb Rental Income: $1392 Traditional Rental Income: $1436 Airbnb ROI: 0.82% Traditional ROI: 2.29%
811 1st Avenue SW Spencer, IA Ahh! What a Change. From the moment you step inside, this recharged ranch offers the comfo...	3 beds \| 1 baths \| 1,200 sq.ft.	$165,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.51% Airbnb Rental Income: $null Traditional Rental Income: $2096 Airbnb ROI: N/A Traditional ROI: 10.51%
1120 4th Avenue W Spencer, IA When the best of both worlds meet you get this elegant example of a classic brick home cou...	3 beds \| N/A baths \| 1,819 sq.ft.	$305,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.85% Airbnb Rental Income: $null Traditional Rental Income: $2400 Airbnb ROI: N/A Traditional ROI: 5.85%
543 7th Avenue W Spencer, IA It may be winter but your spring might be coming up roses in this 2 bedroom, 2 bath home t...	2 beds \| 1 baths \| 976 sq.ft.	$129,900	Airbnb cash on cash: 5.14% Traditional cash on cash: 7.55% Airbnb Rental Income: $1392 Traditional Rental Income: $1273 Airbnb ROI: 5.14% Traditional ROI: 7.55%
202 E 4th Street Spencer, IA Step onto the classic front and instantly feel right at home! The entry greets you with wa...	3 beds \| 2 baths \| 3,166 sq.ft.	$229,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.16% Airbnb Rental Income: $null Traditional Rental Income: $2550 Airbnb ROI: N/A Traditional ROI: 9.16%
1423 18th Avenue W Spencer, IA Fairway Frontage Luxury: Exquisite Brick Home on Spencer Golf & Country Club. Experience ...	3 beds \| 2 baths \| 6,066 sq.ft.	$646,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.79% Airbnb Rental Income: $null Traditional Rental Income: $2430 Airbnb ROI: N/A Traditional ROI: 1.79%
701 4Th Street SW Spencer, IA Welcome to this charming Cape Cod-style home, perfectly positioned in the heart of town an...	4 beds \| 1 baths \| 3,410 sq.ft.	$429,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.77% Airbnb Rental Income: $null Traditional Rental Income: $2110 Airbnb ROI: N/A Traditional ROI: 2.77%
19 E 2nd Street Spencer, IA Investor Opportunity â Tucked into the heart of Spencer, this 1Â½-story frame bungalow h...	N/A beds \| N/A baths \| 2,050 sq.ft.	$115,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.44% Airbnb Rental Income: $null Traditional Rental Income: $1382 Airbnb ROI: N/A Traditional ROI: 9.44%
404 Country Club Lane Spencer, IA COMPLETELY REMODELED THREE BEDROOM RANCH HOME WITH OVERSIZED DOUBLE ATTACHED LINED AND HEA...	3 beds \| 2 baths \| 1,850 sq.ft.	$349,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.76% Airbnb Rental Income: $null Traditional Rental Income: $2213 Airbnb ROI: N/A Traditional ROI: 4.76%
905 5th Ave SW Spencer, IA Stunning kitchen! Custom built cabinets, quartz countertops, stainless-steel appliances, l...	2 beds \| 1 baths \| 1,251 sq.ft.	$254,900	Airbnb cash on cash: 1.71% Traditional cash on cash: 4.59% Airbnb Rental Income: $1392 Traditional Rental Income: $1664 Airbnb ROI: 1.71% Traditional ROI: 4.59%
1214 11th Avenue SE Spencer, IA Discover the perfect blend of sophisticated design and cozy comfort! You will find no-cost...	3 beds \| 1 baths \| 2,568 sq.ft.	$310,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.22% Airbnb Rental Income: $null Traditional Rental Income: $1913 Airbnb ROI: N/A Traditional ROI: 4.22%
1704 4th Avenue SW Spencer, IA A solid investment opportunity awaits! Here is a tried and true 4 plex with a prime locati...	N/A beds \| N/A baths \| 4,900 sq.ft.	$409,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.35% Airbnb Rental Income: $null Traditional Rental Income: $1529 Airbnb ROI: N/A Traditional ROI: 1.35%
1622 1st Avenue E Spencer, IA Picture perfect comes to mind when thinking about that perfect place for you to call HOME....	2 beds \| 1 baths \| 1,808 sq.ft.	$179,900	Airbnb cash on cash: 2.91% Traditional cash on cash: 6.84% Airbnb Rental Income: $1392 Traditional Rental Income: $1644 Airbnb ROI: 2.91% Traditional ROI: 6.84%

Your search for investment property begins and ends here

Round Rock Investment Property for Sale in Spencer, IA

21 W 1ST ST

Spencer, IA

N/A beds | N/A baths | 4,308 sq.ft.

$175,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.3%

Airbnb Rental Income: $null

Traditional Rental Income: $1514

Airbnb ROI: N/A

Traditional ROI: 5.3%

1900 4th Ave. SW 106

Spencer, IA

1 beds | N/A baths | 783 sq.ft.

$121,000

Airbnb cash on cash: -0.39%

Traditional cash on cash: 7.91%

Airbnb Rental Income: $909

Traditional Rental Income: $1536

Airbnb ROI: -0.39%

Traditional ROI: 7.91%

313 9th Street SW

Spencer, IA

3 beds | 1 baths | 912 sq.ft.

$150,000

Airbnb cash on cash: N/A

Traditional cash on cash: 8.85%

Airbnb Rental Income: $null

Traditional Rental Income: $1669

Airbnb ROI: N/A

Traditional ROI: 8.85%

1706 3rd Ave E

Spencer, IA

2 beds | 1 baths | 2,032 sq.ft.

$169,000

Airbnb cash on cash: 3.03%

Traditional cash on cash: 6.92%

Airbnb Rental Income: $1392

Traditional Rental Income: $1598

Airbnb ROI: 3.03%

Traditional ROI: 6.92%

3202 W 3rd Street

Spencer, IA

2 beds | 1 baths | 1,096 sq.ft.

$215,900

Airbnb cash on cash: 2.03%

Traditional cash on cash: 4.47%

Airbnb Rental Income: $1392

Traditional Rental Income: $1469

Airbnb ROI: 2.03%

Traditional ROI: 4.47%

1813 20th Avenue W

Spencer, IA

3 beds | 1 baths | 1,794 sq.ft.

$337,000

Airbnb cash on cash: 0.82%

Traditional cash on cash: 2.29%

Airbnb Rental Income: $1392

Traditional Rental Income: $1436

Airbnb ROI: 0.82%

Traditional ROI: 2.29%

811 1st Avenue SW

Spencer, IA

3 beds | 1 baths | 1,200 sq.ft.

$165,000

Airbnb cash on cash: N/A

Traditional cash on cash: 10.51%

Airbnb Rental Income: $null

Traditional Rental Income: $2096

Airbnb ROI: N/A

Traditional ROI: 10.51%

1120 4th Avenue W

Spencer, IA

3 beds | N/A baths | 1,819 sq.ft.

$305,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.85%

Airbnb Rental Income: $null

Traditional Rental Income: $2400

Airbnb ROI: N/A