Real Estate Investment Properties for Sale in Spirit Lake, IA

Looking for investment property in Spirit Lake, IA with high ROI ?

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

Condos for Sale in Spirit Lake, IA

Search for Condo for Sale in Spirit Lake, Iowa. Browse all of Mashvisor’s Condo listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 4 Condo 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
15400 250th Ave Spirit Lake, IA Welcome to this stunning lakefront duplex nestled in the desirable Lighthouse Landing Cond...	3 beds \| 2 baths \| 2,376 sq.ft.	$625,000	Airbnb cash on cash: -0.89% Traditional cash on cash: 0.96% Airbnb Rental Income: $1339 Traditional Rental Income: $2005 Airbnb ROI: -0.89% Traditional ROI: 0.96%
101 19Th Street 502 Spirit Lake, IA East Okoboji Lake is calling! This Terrace Oaks condo with a total of 4 bedrooms and three...	4 beds \| 1 baths \| 1,870 sq.ft.	$569,000	Airbnb cash on cash: 0.73% Traditional cash on cash: 1% Airbnb Rental Income: $2379 Traditional Rental Income: $1940 Airbnb ROI: 0.73% Traditional ROI: 1%
3 27th St 220 Spirit Lake, IA Easy and affordable living with this condo unit! Located close to East Lake Okoboji, this ...	2 beds \| 2 baths \| 923 sq.ft.	$112,500	Airbnb cash on cash: 3.73% Traditional cash on cash: 11.74% Airbnb Rental Income: $1386 Traditional Rental Income: $1837 Airbnb ROI: 3.73% Traditional ROI: 11.74%
Other Condo Investment Properties for Sale in Iowa
1909 Beach Street Webster City , IA Beautifully maintained 2+ bedroom, 2.5 bath townhome in a quiet neighborhood with no HOA f...	3 beds \| 3 baths \| 1,995 sq.ft.	$365,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.95% Airbnb Rental Income: $null Traditional Rental Income: $2797 Airbnb ROI: N/A Traditional ROI: 4.95%
916-4 Williams Dr. Fort Dodge , IA SOFT NEUTRAL COLORS will make it easy to decorate to make this 2 bedroom condo your own! ...	2 beds \| 2 baths \| 2,114 sq.ft.	$160,000	Airbnb cash on cash: 3.07% Traditional cash on cash: 8.71% Airbnb Rental Income: $1452 Traditional Rental Income: $1883 Airbnb ROI: 3.07% Traditional ROI: 8.71%
235 W K Street Forest City , IA Choose a lifestyle that will give you time to relax and enjoy! This condo is located clo...	1 beds \| 1 baths \| 1,102 sq.ft.	$163,500	Airbnb cash on cash: N/A Traditional cash on cash: 5.23% Airbnb Rental Income: $null Traditional Rental Income: $1499 Airbnb ROI: N/A Traditional ROI: 5.23%
8 Chancery Court Newton , IA Welcome to #8 Chancery Court, a beautiful and unique zero-entry townhome nestled in the qu...	3 beds \| 2 baths \| 1,764 sq.ft.	$299,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.09% Airbnb Rental Income: $null Traditional Rental Income: $2348 Airbnb ROI: N/A Traditional ROI: 4.09%
507 E Locust Street unit: 207 #207 Des Moines , IA Come and experience urban living in this move-in ready East Village condo. Two bedrooms an...	2 beds \| 2 baths \| 1,427 sq.ft.	$239,900	Airbnb cash on cash: -2.91% Traditional cash on cash: 2.59% Airbnb Rental Income: $1159 Traditional Rental Income: $2023 Airbnb ROI: -2.91% Traditional ROI: 2.59%
2405 186th St #1 Clarion , IA Weekend Getaway or live here full time. This well maintained 3 bdrm end unit Condo within ...	3 beds \| 3 baths \| 1,120 sq.ft.	$169,900	Airbnb cash on cash: N/A Traditional cash on cash: 11.06% Airbnb Rental Income: $null Traditional Rental Income: $2246 Airbnb ROI: N/A Traditional ROI: 11.06%
251 Vine St #102 Riverside , IA Impeccable 1st floor condo in this renovated schoolhouse featuring 2 large bedrooms & 2 fu...	2 beds \| 2 baths \| 1,545 sq.ft.	$179,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.41% Airbnb Rental Income: $null Traditional Rental Income: $2188 Airbnb ROI: N/A Traditional ROI: 8.41%
342 Benit Drive #4 Arnolds Park , IA Easy Living! Check this 2 bedroom 2 bath free standing Condo close to all the action, 1 ca...	2 beds \| 2 baths \| 1,324 sq.ft.	$325,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.42% Airbnb Rental Income: $null Traditional Rental Income: $2387 Airbnb ROI: N/A Traditional ROI: 5.42%
400 E Locust Street unit: 203 #203 Des Moines , IA You must see this completely renovated SOHO loft in the heart of the historic East Village...	2 beds \| 2 baths \| 1,208 sq.ft.	$310,000	Airbnb cash on cash: -3.62% Traditional cash on cash: -0.52% Airbnb Rental Income: $1159 Traditional Rental Income: $1682 Airbnb ROI: -3.62% Traditional ROI: -0.52%
119 4th Street unit: 102 #102 Des Moines , IA UPDATE: BRAND NEW HVAC SYSTEM ?Step into this beautifully updated downtown first-floor con...	2 beds \| 2 baths \| 985 sq.ft.	$249,000	Airbnb cash on cash: -1.28% Traditional cash on cash: 1.77% Airbnb Rental Income: $1159 Traditional Rental Income: $1494 Airbnb ROI: -1.28% Traditional ROI: 1.77%
810 NE 5Th Street Ankeny , IA Welcome to this spacious and well maintained 3-bedroom, 3-bathroom home offering over 1,70...	3 beds \| 3 baths \| 1,724 sq.ft.	$250,000	Airbnb cash on cash: 3.52% Traditional cash on cash: 7.37% Airbnb Rental Income: $2315 Traditional Rental Income: $2651 Airbnb ROI: 3.52% Traditional ROI: 7.37%
4 Park Place Jefferson , IA Spacious two-bedroom townhome with composite deck and excess storage. Open kitchen/living ...	2 beds \| 1 baths \| 1,200 sq.ft.	$184,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.9% Airbnb Rental Income: $null Traditional Rental Income: $1606 Airbnb ROI: N/A Traditional ROI: 5.9%
1 University Way #201 Ames , IA Corner-unit, second-level condominium with floor-to-ceiling windows and bright southern ex...	2 beds \| 2 baths \| 1,109 sq.ft.	$424,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.2% Airbnb Rental Income: $null Traditional Rental Income: $2563 Airbnb ROI: N/A Traditional ROI: 3.2%
653 Westwinds Dr Iowa City , IA Spacious and well-maintained, this 3 BR 2.5 bath multi-level condo with private entry is p...	3 beds \| 3 baths \| 1,191 sq.ft.	$178,000	Airbnb cash on cash: 3.67% Traditional cash on cash: 6.69% Airbnb Rental Income: $2041 Traditional Rental Income: $2025 Airbnb ROI: 3.67% Traditional ROI: 6.69%
211 Emerald Meadows Drive Arnolds Park , IA Elegant townhome overlooking Emerald Hills Golf Course featuring 4 bedrooms and 3 baths. E...	4 beds \| 2 baths \| 3,434 sq.ft.	$559,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.16% Airbnb Rental Income: $null Traditional Rental Income: $2612 Airbnb ROI: N/A Traditional ROI: 2.16%

Your search for investment property begins and ends here

Condos for Sale in Spirit Lake, IA

15400 250th Ave

Spirit Lake, IA

3 beds | 2 baths | 2,376 sq.ft.

$625,000

Airbnb cash on cash: -0.89%

Traditional cash on cash: 0.96%

Airbnb Rental Income: $1339

Traditional Rental Income: $2005

Airbnb ROI: -0.89%

Traditional ROI: 0.96%

101 19Th Street 502

Spirit Lake, IA

4 beds | 1 baths | 1,870 sq.ft.

$569,000

Airbnb cash on cash: 0.73%

Traditional cash on cash: 1%

Airbnb Rental Income: $2379

Traditional Rental Income: $1940

Airbnb ROI: 0.73%

Traditional ROI: 1%

3 27th St 220

Spirit Lake, IA

2 beds | 2 baths | 923 sq.ft.

$112,500

Airbnb cash on cash: 3.73%

Traditional cash on cash: 11.74%

Airbnb Rental Income: $1386

Traditional Rental Income: $1837

Airbnb ROI: 3.73%

Traditional ROI: 11.74%

Other Condo Investment Properties for Sale in Iowa

Webster City , IA

3 beds | 3 baths | 1,995 sq.ft.

$365,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.95%

Airbnb Rental Income: $null

Traditional Rental Income: $2797

Airbnb ROI: N/A

Traditional ROI: 4.95%

Fort Dodge , IA

2 beds | 2 baths | 2,114 sq.ft.

$160,000

Airbnb cash on cash: 3.07%

Traditional cash on cash: 8.71%

Airbnb Rental Income: $1452

Traditional Rental Income: $1883

Airbnb ROI: 3.07%

Traditional ROI: 8.71%

Forest City , IA

1 beds | 1 baths | 1,102 sq.ft.

$163,500

Airbnb cash on cash: N/A

Traditional cash on cash: 5.23%

Airbnb Rental Income: $null

Traditional Rental Income: $1499

Airbnb ROI: N/A

Traditional ROI: 5.23%

Newton , IA

3 beds | 2 baths | 1,764 sq.ft.

$299,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.09%

Airbnb Rental Income: $null

Traditional Rental Income: $2348

Airbnb ROI: N/A

Traditional ROI: 4.09%

Des Moines , IA

2 beds | 2 baths | 1,427 sq.ft.

$239,900

Airbnb cash on cash: -2.91%

Traditional cash on cash: 2.59%

Airbnb Rental Income: $1159

Traditional Rental Income: $2023

Airbnb ROI: -2.91%

Traditional ROI: 2.59%

Clarion , IA

3 beds | 3 baths | 1,120 sq.ft.

$169,900