Real Estate Investment Properties for Sale in Iowa

Looking for investment property in Iowa with high ROI ?

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

Townhouses for Sale in Iowa

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

Showing 628 Townhouse 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
2905 SW Country Lane Ankeny, IA Welcome to this turnkey standalone townhome in Ankeny. This property offers over 2,000 squ...	3 beds \| 3 baths \| 1,324 sq.ft.	$357,900	Airbnb cash on cash: 2.58% Traditional cash on cash: 4.59% Airbnb Rental Income: $2315 Traditional Rental Income: $2415 Airbnb ROI: 2.58% Traditional ROI: 4.59%
4697 Herbert Hoover Hwy SE Iowa City, IA Luxury Churchill Meadows townhome featuring an open floor plan, granite counters, gas fire...	3 beds \| 3 baths \| 1,641 sq.ft.	$275,000	Airbnb cash on cash: 0.1% Traditional cash on cash: 6.49% Airbnb Rental Income: $1365 Traditional Rental Income: $2605 Airbnb ROI: 0.1% Traditional ROI: 6.49%
2830 Buckingham Court Ames, IA Wake up to sparkling pond views in this beautifully renovated 4-bedroom, 4-bath townhome. ...	4 beds \| 4 baths \| 2,278 sq.ft.	$439,900	Airbnb cash on cash: 2.32% Traditional cash on cash: 4.01% Airbnb Rental Income: $2963 Traditional Rental Income: $2980 Airbnb ROI: 2.32% Traditional ROI: 4.01%
244 4th Avenue W Clinton, IA Turn-key, move in-ready townhome! Offering a generous living space with 3 bedrooms and 2 1...	3 beds \| 3 baths \| 1,780 sq.ft.	$220,000	Airbnb cash on cash: 0.97% Traditional cash on cash: 8.93% Airbnb Rental Income: $1186 Traditional Rental Income: $2459 Airbnb ROI: 0.97% Traditional ROI: 8.93%
2027 Williams Dr Fort Dodge, IA	2 beds \| 1 baths \| 1,648 sq.ft.	$299,900	Airbnb cash on cash: 0.95% Traditional cash on cash: 3.5% Airbnb Rental Income: $1452 Traditional Rental Income: $1740 Airbnb ROI: 0.95% Traditional ROI: 3.5%
807 SE Lakeview Lane Waukee, IA Don't miss this newly renovated, 2 BR 2.5 BA end-unit Willow Brook townhome overlooking a ...	2 beds \| 3 baths \| 1,452 sq.ft.	$229,900	Airbnb cash on cash: 3.33% Traditional cash on cash: 5.98% Airbnb Rental Income: $2051 Traditional Rental Income: $2097 Airbnb ROI: 3.33% Traditional ROI: 5.98%
6957 Jack London Drive Johnston, IA Beautiful, end-unit townhome that is move-in ready with over 1800 Sq Ft of finish. The mai...	3 beds \| 3 baths \| 1,520 sq.ft.	$239,900	Airbnb cash on cash: -0.2% Traditional cash on cash: 6.21% Airbnb Rental Income: $1232 Traditional Rental Income: $2291 Airbnb ROI: -0.2% Traditional ROI: 6.21%
1138 SE Mill Pond Court Ankeny, IA Step into style and convenience with this nicely updated townhome in the heart of Ankeny. ...	2 beds \| 3 baths \| 1,406 sq.ft.	$215,000	Airbnb cash on cash: 6.61% Traditional cash on cash: 7.69% Airbnb Rental Income: $2585 Traditional Rental Income: $2184 Airbnb ROI: 6.61% Traditional ROI: 7.69%
1104 Cheyenne Drive Nevada, IA Experience style and comfort at 1104 Cheyenne, where quartz countertops, stainless steel a...	3 beds \| 2 baths \| 1,328 sq.ft.	$238,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.3% Airbnb Rental Income: $null Traditional Rental Income: $2409 Airbnb ROI: N/A Traditional ROI: 7.3%
1634 Prairie Circle Altoona, IA This lovely 3-bedroom, 3-bath townhome in the desirable Prairie Village neighborhood of Al...	3 beds \| 3 baths \| 1,198 sq.ft.	$204,900	Airbnb cash on cash: 0.08% Traditional cash on cash: 6.08% Airbnb Rental Income: $1335 Traditional Rental Income: $2090 Airbnb ROI: 0.08% Traditional ROI: 6.08%
3606 NE Cottonwood Lane Ankeny, IA Move-in ready walkout ranch townhome with gorgeous updates! Every room in this townhome re...	3 beds \| 3 baths \| 1,432 sq.ft.	$339,900	Airbnb cash on cash: 1.85% Traditional cash on cash: 3.49% Airbnb Rental Income: $2315 Traditional Rental Income: $2265 Airbnb ROI: 1.85% Traditional ROI: 3.49%
8302 Westown Parkway #8110 West Des Moines, IA Welcome to this beautifully updated end-unit townhome featuring brand new carpet, fresh pa...	2 beds \| 2 baths \| 1,056 sq.ft.	$179,000	Airbnb cash on cash: 1.67% Traditional cash on cash: 4.98% Airbnb Rental Income: $1636 Traditional Rental Income: $1737 Airbnb ROI: 1.67% Traditional ROI: 4.98%
5978 Ep True Parkway West Des Moines, IA Location, Location, Location...First class design and very spacious one and a half story t...	3 beds \| 3 baths \| 1,681 sq.ft.	$359,000	Airbnb cash on cash: 0.26% Traditional cash on cash: 3.86% Airbnb Rental Income: $1695 Traditional Rental Income: $2440 Airbnb ROI: 0.26% Traditional ROI: 3.86%
3016 Fox Hollow Circle Des Moines, IA This move-in ready townhome features soaring ceilings, large windows that flood the space ...	2 beds \| 4 baths \| 1,960 sq.ft.	$375,000	Airbnb cash on cash: -1.92% Traditional cash on cash: 3.38% Airbnb Rental Income: $1159 Traditional Rental Income: $2640 Airbnb ROI: -1.92% Traditional ROI: 3.38%
3509 Pioneer Ave SE Cedar Rapids, IA This 4-bedroom, 3.5-bath townhome, built in 2018, shows like a a new condo, it is perfect...	4 beds \| 4 baths \| 2,419 sq.ft.	$264,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.78% Airbnb Rental Income: $null Traditional Rental Income: $2424 Airbnb ROI: N/A Traditional ROI: 6.78%
5841 SE 22nd Court Des Moines, IA Step inside this zero-entry ranch townhome and instantly feel at home. The open concept la...	2 beds \| 2 baths \| 1,454 sq.ft.	$250,000	Airbnb cash on cash: -0.17% Traditional cash on cash: 6.42% Airbnb Rental Income: $1159 Traditional Rental Income: $2332 Airbnb ROI: -0.17% Traditional ROI: 6.42%
545 10th Street Waukee, IA Absolute gem with tons of square footage for the price and completely decked out with upgr...	4 beds \| 4 baths \| 1,706 sq.ft.	$300,000	Airbnb cash on cash: 1.15% Traditional cash on cash: 6.1% Airbnb Rental Income: $1719 Traditional Rental Income: $2642 Airbnb ROI: 1.15% Traditional ROI: 6.1%
1106 E 28th Street Norwalk, IA Welcome to this stylish 1,915 sq. ft. 2-story townhome offering 3 bedrooms, 2.5 baths, and...	3 beds \| 3 baths \| 1,640 sq.ft.	$275,000	Airbnb cash on cash: -0.02% Traditional cash on cash: 6.51% Airbnb Rental Income: $1369 Traditional Rental Income: $2646 Airbnb ROI: -0.02% Traditional ROI: 6.51%
3166 SW Arlan Lane Ankeny, IA Stylish, Sun-Filled End-Unit Townhome with Modern Updates and 2-Car Garage! Welcome to thi...	2 beds \| 3 baths \| 1,152 sq.ft.	$190,000	Airbnb cash on cash: 6.89% Traditional cash on cash: 6.9% Airbnb Rental Income: $2585 Traditional Rental Income: $1968 Airbnb ROI: 6.89% Traditional ROI: 6.9%
2648 82nd Street Urbandale, IA With an acceptable offer, Seller will prepay 2 months HOA Dues at closing as you move in a...	2 beds \| 3 baths \| 1,472 sq.ft.	$230,000	Airbnb cash on cash: -1.86% Traditional cash on cash: 2.25% Airbnb Rental Income: $1309 Traditional Rental Income: $1796 Airbnb ROI: -1.86% Traditional ROI: 2.25%
6054 Bradford Lane Johnston, IA This immaculate 3-bedroom home offers nearly 2,500 sq ft of finished living space, includi...	3 beds \| 3 baths \| 1,552 sq.ft.	$364,900	Airbnb cash on cash: -0.94% Traditional cash on cash: 3.6% Airbnb Rental Income: $1232 Traditional Rental Income: $2392 Airbnb ROI: -0.94% Traditional ROI: 3.6%
4714 Todd Drive Ames, IA Welcome to this spacious 3-bedroom, 2.5-bathroom townhouse that blends comfort, convenienc...	3 beds \| 3 baths \| 1,314 sq.ft.	$219,900	Airbnb cash on cash: 2.47% Traditional cash on cash: 6.85% Airbnb Rental Income: $1765 Traditional Rental Income: $2194 Airbnb ROI: 2.47% Traditional ROI: 6.85%
5827 Marble Circle Johnston, IA Welcome to this beautiful and well maintained 3-bedroom, 3-bathroom townhome. Move-in read...	3 beds \| 3 baths \| 1,480 sq.ft.	$244,900	Airbnb cash on cash: -0.33% Traditional cash on cash: 6.01% Airbnb Rental Income: $1232 Traditional Rental Income: $2303 Airbnb ROI: -0.33% Traditional ROI: 6.01%
225 NE Glendale Lane Ankeny, IA Welcome to 225 NE Glendale Ln, a beautifully maintained 3 BR, 2.5 BA townhome located in a...	3 beds \| 3 baths \| 1,473 sq.ft.	$239,000	Airbnb cash on cash: 3.98% Traditional cash on cash: 7.28% Airbnb Rental Income: $2315 Traditional Rental Income: $2484 Airbnb ROI: 3.98% Traditional ROI: 7.28%
2500 NE 6th Street Grimes, IA BUILDER SPECIAL: 1% Interest Rate Buydown! The builder will cover a 1% interest rate reduc...	3 beds \| 3 baths \| 1,335 sq.ft.	$380,000	Airbnb cash on cash: -0.34% Traditional cash on cash: 4.36% Airbnb Rental Income: $965 Traditional Rental Income: $2291 Airbnb ROI: -0.34% Traditional ROI: 4.36%
2502 NE 6th Street Grimes, IA BUILDER SPECIAL: 1% Interest Rate Buydown! The builder will cover a 1% interest rate reduc...	3 beds \| 3 baths \| 1,335 sq.ft.	$380,000	Airbnb cash on cash: -0.34% Traditional cash on cash: 3.96% Airbnb Rental Income: $965 Traditional Rental Income: $2146 Airbnb ROI: -0.34% Traditional ROI: 3.96%
2414 NE 6th Street Grimes, IA BUILDER SPECIAL: 1% Interest Rate Buydown! The builder will cover a 1% interest rate reduc...	3 beds \| 3 baths \| 1,335 sq.ft.	$380,000	Airbnb cash on cash: -0.34% Traditional cash on cash: 5.29% Airbnb Rental Income: $965 Traditional Rental Income: $2620 Airbnb ROI: -0.34% Traditional ROI: 5.29%
2412 NE 6th Street Grimes, IA BUILDER SPECIAL: 1% Interest Rate Buydown! The builder will cover a 1% interest rate reduc...	3 beds \| 3 baths \| 1,335 sq.ft.	$380,000	Airbnb cash on cash: -0.34% Traditional cash on cash: 5.29% Airbnb Rental Income: $965 Traditional Rental Income: $2620 Airbnb ROI: -0.34% Traditional ROI: 5.29%
10218 Coventry Circle Johnston, IA Welcome to your luxury townhome w/ 3 bedrooms, 3 full baths, & 3-car attached garage. Conv...	3 beds \| 3 baths \| 1,552 sq.ft.	$385,000	Airbnb cash on cash: -1% Traditional cash on cash: 3.33% Airbnb Rental Income: $1232 Traditional Rental Income: $2400 Airbnb ROI: -1% Traditional ROI: 3.33%
2505 53rd st Des Moines, IA	3 beds \| 2 baths \| N/A	$190,000	Airbnb cash on cash: 0.96% Traditional cash on cash: 3.73% Airbnb Rental Income: $1389 Traditional Rental Income: $1469 Airbnb ROI: 0.96% Traditional ROI: 3.73%
481 10th Street Waukee, IA Built in 2020, this Spring Crest townhome delivers modern style and zero work. The sun-lit...	3 beds \| 4 baths \| 1,445 sq.ft.	$279,900	Airbnb cash on cash: 0.2% Traditional cash on cash: 5.64% Airbnb Rental Income: $1466 Traditional Rental Income: $2467 Airbnb ROI: 0.2% Traditional ROI: 5.64%
812 Pinehurst Way Polk City, IA This home offers the perfect blend of comfort, style, and convenience with 1,948 sq ft of ...	3 beds \| 3 baths \| 1,300 sq.ft.	$314,900	Airbnb cash on cash: 0.85% Traditional cash on cash: 4.7% Airbnb Rental Income: $1729 Traditional Rental Income: $2394 Airbnb ROI: 0.85% Traditional ROI: 4.7%
836 Kinney Circle NE Bondurant, IA Tucked on a quiet cul-de-sac in Bondurant, this well-kept 3-bed, 3-bath townhome offers mo...	3 beds \| 3 baths \| 1,717 sq.ft.	$234,900	Airbnb cash on cash: 1.22% Traditional cash on cash: 8% Airbnb Rental Income: $1662 Traditional Rental Income: $2702 Airbnb ROI: 1.22% Traditional ROI: 8%
6331 Autumn Leaf Lane Pleasant Hill, IA Welcome to this 2-bedroom, 2-bath end-unit townhome with an open floor plan. The kitchen f...	2 beds \| 2 baths \| 1,056 sq.ft.	$179,900	Airbnb cash on cash: 1.07% Traditional cash on cash: 6.48% Airbnb Rental Income: $1275 Traditional Rental Income: $1801 Airbnb ROI: 1.07% Traditional ROI: 6.48%
6265 Wistful Vista Drive West Des Moines, IA Welcome to this stunning two-story, end-unit townhome offering more than 2,000 sq ft of fi...	3 beds \| 3 baths \| 1,719 sq.ft.	$279,000	Airbnb cash on cash: 0.98% Traditional cash on cash: 5.83% Airbnb Rental Income: $1695 Traditional Rental Income: $2498 Airbnb ROI: 0.98% Traditional ROI: 5.83%
1001 NE 58th Lane Ankeny, IA This well-maintained 3-bedroom, 3-bathroom townhome is located on a quiet street in Northe...	3 beds \| 3 baths \| 1,380 sq.ft.	$225,900	Airbnb cash on cash: 4.23% Traditional cash on cash: 7.6% Airbnb Rental Income: $2315 Traditional Rental Income: $2461 Airbnb ROI: 4.23% Traditional ROI: 7.6%
2706 Hampton Street Ames, IA Enjoy easy living with HOA conveniences in this popular and walkable Somerset neighborhood...	3 beds \| 4 baths \| 1,695 sq.ft.	$307,500	Airbnb cash on cash: 0.91% Traditional cash on cash: 4.95% Airbnb Rental Income: $1765 Traditional Rental Income: $2449 Airbnb ROI: 0.91% Traditional ROI: 4.95%
2757 SE Osier Avenue West Des Moines, IA Step into this beautiful row home featuring an open floor plan with a spacious living room...	2 beds \| 3 baths \| 1,332 sq.ft.	$226,000	Airbnb cash on cash: 1.49% Traditional cash on cash: 6.83% Airbnb Rental Income: $1636 Traditional Rental Income: $2317 Airbnb ROI: 1.49% Traditional ROI: 6.83%
544 Kelsey Lane Altoona, IA Move in ready! Put the mower and shovel away and enjoy the townhome living. This 2 bedroom...	2 beds \| 2 baths \| 1,164 sq.ft.	$179,900	Airbnb cash on cash: -0.33% Traditional cash on cash: 6.86% Airbnb Rental Income: $1083 Traditional Rental Income: $1945 Airbnb ROI: -0.33% Traditional ROI: 6.86%
1053 NE 58th Lane Ankeny, IA Welcome to this beautiful townhome in Ankeny, located in the highly desired North Polk Sch...	2 beds \| 3 baths \| 1,331 sq.ft.	$220,000	Airbnb cash on cash: 5.53% Traditional cash on cash: 7.85% Airbnb Rental Income: $2585 Traditional Rental Income: $2449 Airbnb ROI: 5.53% Traditional ROI: 7.85%

Your search for investment property begins and ends here

Townhouses for Sale in Iowa

2905 SW Country Lane

Ankeny, IA

3 beds | 3 baths | 1,324 sq.ft.

$357,900

Airbnb cash on cash: 2.58%

Traditional cash on cash: 4.59%

Airbnb Rental Income: $2315

Traditional Rental Income: $2415

Airbnb ROI: 2.58%

Traditional ROI: 4.59%

4697 Herbert Hoover Hwy SE

Iowa City, IA

3 beds | 3 baths | 1,641 sq.ft.

$275,000

Airbnb cash on cash: 0.1%

Traditional cash on cash: 6.49%

Airbnb Rental Income: $1365

Traditional Rental Income: $2605

Airbnb ROI: 0.1%

Traditional ROI: 6.49%

2830 Buckingham Court

Ames, IA

4 beds | 4 baths | 2,278 sq.ft.

$439,900

Airbnb cash on cash: 2.32%

Traditional cash on cash: 4.01%

Airbnb Rental Income: $2963

Traditional Rental Income: $2980

Airbnb ROI: 2.32%

Traditional ROI: 4.01%

244 4th Avenue W

Clinton, IA

3 beds | 3 baths | 1,780 sq.ft.

$220,000

Airbnb cash on cash: 0.97%

Traditional cash on cash: 8.93%

Airbnb Rental Income: $1186

Traditional Rental Income: $2459

Airbnb ROI: 0.97%

Traditional ROI: 8.93%

2027 Williams Dr

Fort Dodge, IA

2 beds | 1 baths | 1,648 sq.ft.

$299,900

Airbnb cash on cash: 0.95%

Traditional cash on cash: 3.5%

Airbnb Rental Income: $1452

Traditional Rental Income: $1740

Airbnb ROI: 0.95%

Traditional ROI: 3.5%

807 SE Lakeview Lane

Waukee, IA

2 beds | 3 baths | 1,452 sq.ft.

$229,900

Airbnb cash on cash: 3.33%

Traditional cash on cash: 5.98%

Airbnb Rental Income: $2051

Traditional Rental Income: $2097

Airbnb ROI: 3.33%

Traditional ROI: 5.98%

6957 Jack London Drive

Johnston, IA

3 beds | 3 baths | 1,520 sq.ft.

$239,900

Airbnb cash on cash: -0.2%

Traditional cash on cash: 6.21%

Airbnb Rental Income: $1232

Traditional Rental Income: $2291

Airbnb ROI: -0.2%

Traditional ROI: 6.21%

1138 SE Mill Pond Court

Ankeny, IA

2 beds | 3 baths | 1,406 sq.ft.

$215,000

Airbnb cash on cash: 6.61%

Traditional cash on cash: 7.69%

Airbnb Rental Income: $2585

Traditional Rental Income: $2184

Airbnb ROI: 6.61%