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.

Single Family Homes for Sale in Spirit Lake, IA

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

Showing 44 Single Family Residential 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
2226 165th Street Spirit Lake, IA Wonderful opportunity in the heart of the Iowa Great Lakes that includes 5 acres of land a...	3 beds \| 1 baths \| 1,988 sq.ft.	$795,000	Airbnb cash on cash: -0.66% Traditional cash on cash: 1.07% Airbnb Rental Income: $1067 Traditional Rental Income: $1986 Airbnb ROI: -0.66% Traditional ROI: 1.07%
2003 35th St Spirit Lake, IA Welcome to effortless living in the highly sought-after Hawthorn Park community. Perfectly...	4 beds \| 2 baths \| 2,622 sq.ft.	$535,000	Airbnb cash on cash: 0.23% Traditional cash on cash: 2.93% Airbnb Rental Income: $1756 Traditional Rental Income: $2623 Airbnb ROI: 0.23% Traditional ROI: 2.93%
1806 Chicago Ave Spirit Lake, IA Beautifully Renovated Home in the Heart of Spirit Lake! This classic 5-bedroom, 2-bath hom...	5 beds \| 2 baths \| 1,504 sq.ft.	$217,500	Airbnb cash on cash: 9.05% Traditional cash on cash: 8.63% Airbnb Rental Income: $2893 Traditional Rental Income: $2137 Airbnb ROI: 9.05% Traditional ROI: 8.63%
408 Lake St St Spirit Lake, IA YOU KNOW YOU'RE "AT THE LAKE" IN THIS UNIQUE HOME FOR ALL-SEASONS! YES! VIEWS OF LAKE AND ...	2 beds \| 2 baths \| 4,294 sq.ft.	$330,000	Airbnb cash on cash: 0.93% Traditional cash on cash: 2.63% Airbnb Rental Income: $1419 Traditional Rental Income: $1521 Airbnb ROI: 0.93% Traditional ROI: 2.63%
1911 Boston Ave Spirit Lake, IA Those magical moments are calling you with this opportunity you won't want to miss. Situat...	3 beds \| 1 baths \| 1,504 sq.ft.	$305,000	Airbnb cash on cash: 0.52% Traditional cash on cash: 5.82% Airbnb Rental Income: $1067 Traditional Rental Income: $2224 Airbnb ROI: 0.52% Traditional ROI: 5.82%
402 15th St Spirit Lake, IA Here is the peaceful lakeside oasis that you've been dreaming about! Whether by land or w...	3 beds \| 2 baths \| 2,052 sq.ft.	$745,000	Airbnb cash on cash: -1.18% Traditional cash on cash: 0.67% Airbnb Rental Income: $1067 Traditional Rental Income: $1984 Airbnb ROI: -1.18% Traditional ROI: 0.67%
710 Ithaca Ave Spirit Lake, IA EAST LAKE ACCESS!! Charming 4 bed 2 bath home with an extra non conforming bedroom. Use th...	4 beds \| 2 baths \| 1,882 sq.ft.	$374,999	Airbnb cash on cash: 1.57% Traditional cash on cash: 3.44% Airbnb Rental Income: $1756 Traditional Rental Income: $1934 Airbnb ROI: 1.57% Traditional ROI: 3.44%
16100 HWY 86 Spirit Lake, IA Welcome to your dream retreat! This exceptional property features 3,921 sq ft of luxurious...	4 beds \| 3 baths \| 3,921 sq.ft.	$4,500,000	Airbnb cash on cash: -1.37% Traditional cash on cash: -0.95% Airbnb Rental Income: $1756 Traditional Rental Income: $3050 Airbnb ROI: -1.37% Traditional ROI: -0.95%
407 8th Street St Spirit Lake, IA Elbow Room! Check this 4 bedroom plus an office 3 bath home siting on Peppermint Point on ...	4 beds \| 3 baths \| 3,640 sq.ft.	$1,190,000	Airbnb cash on cash: -0.82% Traditional cash on cash: 0.07% Airbnb Rental Income: $1756 Traditional Rental Income: $2258 Airbnb ROI: -0.82% Traditional ROI: 0.07%
24781 Mcclelland Dr Spirit Lake, IA The sandy beaches of Big Spirit Lake's North Shore set the stage for this exceptional wate...	4 beds \| 2 baths \| 1,456 sq.ft.	$959,900	Airbnb cash on cash: -0.17% Traditional cash on cash: 0.55% Airbnb Rental Income: $1756 Traditional Rental Income: $1918 Airbnb ROI: -0.17% Traditional ROI: 0.55%
16933 256th Ave Spirit Lake, IA One of the most breathtaking properties on East Lake Okoboji! This home sits on 140 feet o...	5 beds \| 2 baths \| 4,838 sq.ft.	$2,200,000	Airbnb cash on cash: -0.73% Traditional cash on cash: 0.2% Airbnb Rental Income: $2893 Traditional Rental Income: $4122 Airbnb ROI: -0.73% Traditional ROI: 0.2%
1403 Fargo Ave Spirit Lake, IA Completely remodeled and truly move-in ready, this 3 bedroom, 2 bath home offers the updat...	3 beds \| 2 baths \| 1,728 sq.ft.	$329,000	Airbnb cash on cash: 0.36% Traditional cash on cash: 5.97% Airbnb Rental Income: $1067 Traditional Rental Income: $2435 Airbnb ROI: 0.36% Traditional ROI: 5.97%
25310 140th Street St Spirit Lake, IA Ideal lake-area! Whether youâre seeking a primary home, vacation escape, or Airbnb-style...	5 beds \| 2 baths \| 1,656 sq.ft.	$300,000	Airbnb cash on cash: 4.34% Traditional cash on cash: 5.08% Airbnb Rental Income: $2344 Traditional Rental Income: $1980 Airbnb ROI: 4.34% Traditional ROI: 5.08%
25807 169th St Spirit Lake, IA A rare find in the sought-after Arthur Heights neighborhood! This 4+ bedroom, 3.5 bath si...	5 beds \| 3 baths \| 3,372 sq.ft.	$677,000	Airbnb cash on cash: 1.7% Traditional cash on cash: 2.99% Airbnb Rental Income: $2893 Traditional Rental Income: $3034 Airbnb ROI: 1.7% Traditional ROI: 2.99%
25704 164th St Spirit Lake, IA Charming 2 bedroom, 2 bathroom home sitting on two lots totaling over a quarter acre. Comp...	2 beds \| 2 baths \| 1,310 sq.ft.	$274,900	Airbnb cash on cash: 2.21% Traditional cash on cash: 6.8% Airbnb Rental Income: $1419 Traditional Rental Income: $2185 Airbnb ROI: 2.21% Traditional ROI: 6.8%
2212 Manhattan Blvd Spirit Lake, IA Looking for a Lakefront Home for Every Season? Enjoy Water Activities, Fishing, Cross Cou...	4 beds \| 3 baths \| 3,838 sq.ft.	$3,685,000	Airbnb cash on cash: -1.2% Traditional cash on cash: -0.81% Airbnb Rental Income: $1459 Traditional Rental Income: $2385 Airbnb ROI: -1.2% Traditional ROI: -0.81%
3714 Lincoln Ave Spirit Lake, IA Fantastic new-construction ranch in a great neighborhood! This 5-bedroom, 3-bath home feat...	5 beds \| 3 baths \| 2,928 sq.ft.	$499,000	Airbnb cash on cash: 3.16% Traditional cash on cash: 5.27% Airbnb Rental Income: $2893 Traditional Rental Income: $3209 Airbnb ROI: 3.16% Traditional ROI: 5.27%
1108 Fargo Ave Spirit Lake, IA Welcome to this 4-bed, 3-bath home located in the heart of Spirit Lakeâright across the ...	4 beds \| 2 baths \| 2,288 sq.ft.	$265,000	Airbnb cash on cash: 2.97% Traditional cash on cash: 7.02% Airbnb Rental Income: $1756 Traditional Rental Income: $2326 Airbnb ROI: 2.97% Traditional ROI: 7.02%
2012 Jackson Ave Spirit Lake, IA Great potential, 4 bedrrom home on a corner lot with a front porch. Affordable living or ...	4 beds \| 2 baths \| 1,228 sq.ft.	$138,000	Airbnb cash on cash: 7.13% Traditional cash on cash: 11.71% Airbnb Rental Income: $1756 Traditional Rental Income: $1881 Airbnb ROI: 7.13% Traditional ROI: 11.71%
25709 162nd St Spirit Lake, IA Just off East Lake Okoboji sits this 3 bedroom, 2 bath property including a massive shop ...	3 beds \| 2 baths \| 1,974 sq.ft.	$372,500	Airbnb cash on cash: 0.19% Traditional cash on cash: 3.66% Airbnb Rental Income: $1067 Traditional Rental Income: $1968 Airbnb ROI: 0.19% Traditional ROI: 3.66%
870 252nd Ave Spirit Lake, IA Located on East Lake Okoboji, 870 252nd Avenue offers a rare opportunity to own 75 feet of...	3 beds \| 2 baths \| 1,678 sq.ft.	$829,000	Airbnb cash on cash: -0.76% Traditional cash on cash: 0.67% Airbnb Rental Income: $1171 Traditional Rental Income: $1887 Airbnb ROI: -0.76% Traditional ROI: 0.67%

Your search for investment property begins and ends here

Single Family Homes for Sale in Spirit Lake, IA

2226 165th Street

Spirit Lake, IA

3 beds | 1 baths | 1,988 sq.ft.

$795,000

Airbnb cash on cash: -0.66%

Traditional cash on cash: 1.07%

Airbnb Rental Income: $1067

Traditional Rental Income: $1986

Airbnb ROI: -0.66%

Traditional ROI: 1.07%

2003 35th St

Spirit Lake, IA

4 beds | 2 baths | 2,622 sq.ft.

$535,000

Airbnb cash on cash: 0.23%

Traditional cash on cash: 2.93%

Airbnb Rental Income: $1756

Traditional Rental Income: $2623

Airbnb ROI: 0.23%

Traditional ROI: 2.93%

1806 Chicago Ave

Spirit Lake, IA

5 beds | 2 baths | 1,504 sq.ft.

$217,500

Airbnb cash on cash: 9.05%

Traditional cash on cash: 8.63%

Airbnb Rental Income: $2893

Traditional Rental Income: $2137

Airbnb ROI: 9.05%

Traditional ROI: 8.63%

408 Lake St St

Spirit Lake, IA

2 beds | 2 baths | 4,294 sq.ft.

$330,000

Airbnb cash on cash: 0.93%

Traditional cash on cash: 2.63%

Airbnb Rental Income: $1419

Traditional Rental Income: $1521

Airbnb ROI: 0.93%

Traditional ROI: 2.63%

1911 Boston Ave

Spirit Lake, IA

3 beds | 1 baths | 1,504 sq.ft.

$305,000

Airbnb cash on cash: 0.52%

Traditional cash on cash: 5.82%

Airbnb Rental Income: $1067

Traditional Rental Income: $2224

Airbnb ROI: 0.52%

Traditional ROI: 5.82%

402 15th St

Spirit Lake, IA

3 beds | 2 baths | 2,052 sq.ft.

$745,000

Airbnb cash on cash: -1.18%

Traditional cash on cash: 0.67%

Airbnb Rental Income: $1067

Traditional Rental Income: $1984

Airbnb ROI: -1.18%

Traditional ROI: 0.67%

710 Ithaca Ave

Spirit Lake, IA

4 beds | 2 baths | 1,882 sq.ft.

$374,999

Airbnb cash on cash: 1.57%

Traditional cash on cash: 3.44%

Airbnb Rental Income: $1756

Traditional Rental Income: $1934

Airbnb ROI: 1.57%

Traditional ROI: 3.44%

16100 HWY 86

Spirit Lake, IA

4 beds | 3 baths | 3,921 sq.ft.

$4,500,000

Airbnb cash on cash: -1.37%

Traditional cash on cash: -0.95%

Airbnb Rental Income: $1756

Traditional Rental Income: $3050

Airbnb ROI: -1.37%