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 791 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
4510 Twain Circle #206 Ames, IA There's something different about having a space that's truly yours. This charming 1-bedro...	1 beds \| 1 baths \| 658 sq.ft.	$134,900	Airbnb cash on cash: 1.9% Traditional cash on cash: 8.88% Airbnb Rental Income: $963 Traditional Rental Income: $1518 Airbnb ROI: 1.9% Traditional ROI: 8.88%
3805 Chippewa Ct. Sioux City, IA Enjoy pride of ownership in this spacious northside townhome tucked away on a quiet cul~de...	3 beds \| 3 baths \| 2,442 sq.ft.	$249,999	Airbnb cash on cash: -0.11% Traditional cash on cash: 9.33% Airbnb Rental Income: $1099 Traditional Rental Income: $2955 Airbnb ROI: -0.11% Traditional ROI: 9.33%
354 NW Georgetown Boulevard Ankeny, IA Welcome to this well-maintained townhome in the highly sought-after Georgetown development...	2 beds \| 2 baths \| 1,140 sq.ft.	$165,000	Airbnb cash on cash: 4.59% Traditional cash on cash: 8.13% Airbnb Rental Income: $1869 Traditional Rental Income: $1925 Airbnb ROI: 4.59% Traditional ROI: 8.13%
786 White Tail Way Polk City, IA Welcome to Wolf Creek, a beautiful tree-lined community in the growing Polk City area! Thi...	2 beds \| 2 baths \| 1,328 sq.ft.	$310,000	Airbnb cash on cash: 1.97% Traditional cash on cash: 3.74% Airbnb Rental Income: $2065 Traditional Rental Income: $2050 Airbnb ROI: 1.97% Traditional ROI: 3.74%
118 W 3rd St Washington, IA Imagine coming home to a low-maintenance lifestyle where your evenings are spent relaxing ...	3 beds \| 2 baths \| 1,532 sq.ft.	$239,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.08% Airbnb Rental Income: $null Traditional Rental Income: $2516 Airbnb ROI: N/A Traditional ROI: 7.08%
597 Spring Crest Lane Waukee, IA Welcome to this beautifully maintained townhome in the heart of Waukee, featuring vaulted ...	2 beds \| 3 baths \| 1,445 sq.ft.	$267,500	Airbnb cash on cash: 0.37% Traditional cash on cash: 4.03% Airbnb Rental Income: $1405 Traditional Rental Income: $1906 Airbnb ROI: 0.37% Traditional ROI: 4.03%
613 Meadow Place Ames, IA 3 Bedroom end-unit townhome in South Ames. 2 bathrooms with tile surrounds, nice sized liv...	3 beds \| 2 baths \| 630 sq.ft.	$112,000	Airbnb cash on cash: 5.72% Traditional cash on cash: 10.71% Airbnb Rental Income: $1565 Traditional Rental Income: $1656 Airbnb ROI: 5.72% Traditional ROI: 10.71%
827 SW Springfield Drive Ankeny, IA Very nice townhome in a very convenient Ankeny location. This place has been updated throu...	4 beds \| 2 baths \| 1,260 sq.ft.	$250,000	Airbnb cash on cash: 3.04% Traditional cash on cash: 5.04% Airbnb Rental Income: $1942 Traditional Rental Income: $1903 Airbnb ROI: 3.04% Traditional ROI: 5.04%
1058 NE 57th Lane Ankeny, IA Move-In ready 2 story home with new flooring throughout the first floor and new carpeting ...	3 beds \| 3 baths \| 1,380 sq.ft.	$219,950	Airbnb cash on cash: 1.02% Traditional cash on cash: 7.71% Airbnb Rental Income: $1461 Traditional Rental Income: $2423 Airbnb ROI: 1.02% Traditional ROI: 7.71%
500 N Valley Drive #506 Des Moines, IA An art lover's dream! This move-in-ready 2-bedroom, 2.5-bath townhome offers 1,152 square ...	2 beds \| 3 baths \| 1,152 sq.ft.	$190,000	Airbnb cash on cash: -0.47% Traditional cash on cash: 7.4% Airbnb Rental Income: $974 Traditional Rental Income: $2043 Airbnb ROI: -0.47% Traditional ROI: 7.4%
225 SE Booth Avenue Waukee, IA Check out this updated end unit townhome in a prime location in Waukee. This home features...	3 beds \| 3 baths \| 1,600 sq.ft.	$255,000	Airbnb cash on cash: 3.26% Traditional cash on cash: 5.02% Airbnb Rental Income: $2247 Traditional Rental Income: $2109 Airbnb ROI: 3.26% Traditional ROI: 5.02%
565 10th Street Waukee, IA Rare to find a townhome with a basement. You heard me correctly, townhome WITH a basement!...	3 beds \| 4 baths \| 1,445 sq.ft.	$274,900	Airbnb cash on cash: 3.27% Traditional cash on cash: 6.11% Airbnb Rental Income: $2247 Traditional Rental Income: $2418 Airbnb ROI: 3.27% Traditional ROI: 6.11%
541 10th Street Waukee, IA Welcome to this awesome two-story 2 bedroom and 4 bath Waukee townhome! Stepping in you ar...	2 beds \| 4 baths \| 1,445 sq.ft.	$279,900	Airbnb cash on cash: 0.1% Traditional cash on cash: 5.75% Airbnb Rental Income: $1405 Traditional Rental Income: $2471 Airbnb ROI: 0.1% Traditional ROI: 5.75%
1026 NE 57th Lane Ankeny, IA Come take a look at this well cared for end-unit townhome in Ankeny with a 2 car attached ...	2 beds \| 3 baths \| 1,331 sq.ft.	$225,000	Airbnb cash on cash: 2.59% Traditional cash on cash: 7.43% Airbnb Rental Income: $1869 Traditional Rental Income: $2400 Airbnb ROI: 2.59% Traditional ROI: 7.43%
1018 NE 57th Lane Ankeny, IA Welcome to Northgate Rowhouse! This like-new two-story townhome offers 2 spacious bedrooms...	2 beds \| 3 baths \| 1,331 sq.ft.	$215,000	Airbnb cash on cash: 2.75% Traditional cash on cash: 7.8% Airbnb Rental Income: $1869 Traditional Rental Income: $2398 Airbnb ROI: 2.75% Traditional ROI: 7.8%
2648 82nd Street Urbandale, IA Welcome home to refined comfort and unforgettable views in the heart of Cobblestone. From ...	2 beds \| 3 baths \| 1,472 sq.ft.	$215,000	Airbnb cash on cash: -2.02% Traditional cash on cash: 2.52% Airbnb Rental Income: $1272 Traditional Rental Income: $1796 Airbnb ROI: -2.02% Traditional ROI: 2.52%
3703 NE Marissa Lane Ankeny, IA Well-appointed 2-bedroom, 3-bath townhome offering effortless, low-maintenance living in a...	2 beds \| 3 baths \| 1,340 sq.ft.	$249,900	Airbnb cash on cash: 1.78% Traditional cash on cash: 5.38% Airbnb Rental Income: $1869 Traditional Rental Income: $2218 Airbnb ROI: 1.78% Traditional ROI: 5.38%
8302 Westown Parkway #3106 West Des Moines, IA Prime location meets low maintenance living in this move in ready end unit townhome! Offer...	2 beds \| 2 baths \| 1,100 sq.ft.	$179,500	Airbnb cash on cash: 0.87% Traditional cash on cash: 6.37% Airbnb Rental Income: $1215 Traditional Rental Income: $1763 Airbnb ROI: 0.87% Traditional ROI: 6.37%
3112 NE Chandler Lane Ankeny, IA Thoughtfully designed and well maintained, this 3-bedroom, 2.5-bath townhome in the desira...	3 beds \| 3 baths \| 1,473 sq.ft.	$223,000	Airbnb cash on cash: 0.96% Traditional cash on cash: 7.75% Airbnb Rental Income: $1461 Traditional Rental Income: $2462 Airbnb ROI: 0.96% Traditional ROI: 7.75%
2502 NE 6th Street Grimes, IA 4 YEAR WARRANTY! 1 year builder warranty and 3 year extended warranty. Check out this bi-a...	3 beds \| 3 baths \| 1,335 sq.ft.	$360,000	Airbnb cash on cash: 0.8% Traditional cash on cash: 4.23% Airbnb Rental Income: $1410 Traditional Rental Income: $2146 Airbnb ROI: 0.8% Traditional ROI: 4.23%
2408 NE 6th Street Grimes, IA 4 YEAR WARRANTY! 1 year builder warranty and 3 year extended warranty. Check out this bi-a...	3 beds \| 3 baths \| 1,335 sq.ft.	$360,000	Airbnb cash on cash: 0.8% Traditional cash on cash: 4.56% Airbnb Rental Income: $1410 Traditional Rental Income: $2258 Airbnb ROI: 0.8% Traditional ROI: 4.56%
2410 NE 6th Street Grimes, IA 4 YEAR WARRANTY! 1 year builder warranty and 3 year extended warranty. Check out this bi-a...	3 beds \| 3 baths \| 1,335 sq.ft.	$360,000	Airbnb cash on cash: 0.8% Traditional cash on cash: 4.57% Airbnb Rental Income: $1410 Traditional Rental Income: $2261 Airbnb ROI: 0.8% Traditional ROI: 4.57%
904 Summerset Place Indianola, IA Enjoy all four seasons with the peaceful water view from this townhome on Indianola's nort...	2 beds \| 4 baths \| 1,456 sq.ft.	$279,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.17% Airbnb Rental Income: $null Traditional Rental Income: $2417 Airbnb ROI: N/A Traditional ROI: 6.17%
4833 NE McDougal Lane Ankeny, IA Amazing location for this well maintained, end unit 2 bedroom, 2-1/2 bathroom townhome wit...	2 beds \| 3 baths \| 1,238 sq.ft.	$205,000	Airbnb cash on cash: 2.67% Traditional cash on cash: 5.05% Airbnb Rental Income: $1869 Traditional Rental Income: $1831 Airbnb ROI: 2.67% Traditional ROI: 5.05%
2505 53rd st Des Moines, IA	3 beds \| 2 baths \| N/A	$190,000	Airbnb cash on cash: 1.06% Traditional cash on cash: 3.73% Airbnb Rental Income: $1411 Traditional Rental Income: $1469 Airbnb ROI: 1.06% Traditional ROI: 3.73%
213 NE Glendale Lane Ankeny, IA Welcome to 213 NE Glendale Lane- a beautifully maintained 3-bedroom, 2.5-bath end-unit tow...	3 beds \| 3 baths \| 1,473 sq.ft.	$232,500	Airbnb cash on cash: 0.85% Traditional cash on cash: 6.78% Airbnb Rental Income: $1461 Traditional Rental Income: $2333 Airbnb ROI: 0.85% Traditional ROI: 6.78%
3109 NE 2nd Lane Ankeny, IA Perfectly positioned for both convenience and comfort, this well-maintained 3 bedroom/2.5 ...	3 beds \| 3 baths \| 1,460 sq.ft.	$229,000	Airbnb cash on cash: 0.92% Traditional cash on cash: 7.56% Airbnb Rental Income: $1461 Traditional Rental Income: $2468 Airbnb ROI: 0.92% Traditional ROI: 7.56%
3558 9th Ave N Fort Dodge, IA This home is located in a New Development located in an established neighborhood. This 2 b...	2 beds \| 2 baths \| 1,500 sq.ft.	$249,000	Airbnb cash on cash: -1.01% Traditional cash on cash: 6.7% Airbnb Rental Income: $907 Traditional Rental Income: $2457 Airbnb ROI: -1.01% Traditional ROI: 6.7%
7955 Wistful Vista Drive #12 West Des Moines, IA Blending the best of ranch-style convenience with 2-story living, this stunning 1.5-story ...	5 beds \| 4 baths \| 2,330 sq.ft.	$379,900	Airbnb cash on cash: 5.78% Traditional cash on cash: 4.41% Airbnb Rental Income: $4294 Traditional Rental Income: $2904 Airbnb ROI: 5.78% Traditional ROI: 4.41%
4305 153rd Place Urbandale, IA Welcome home to this beautifully maintained 2-bedroom, 2.5-bath townhome tucked into one o...	2 beds \| 3 baths \| 1,176 sq.ft.	$195,000	Airbnb cash on cash: 0.52% Traditional cash on cash: 6.94% Airbnb Rental Income: $1272 Traditional Rental Income: $2060 Airbnb ROI: 0.52% Traditional ROI: 6.94%
8601 Westown Parkway #27103 West Des Moines, IA Welcome home to this beautifully maintained townhome in the highly desirable Silver Oaks c...	2 beds \| 3 baths \| 1,221 sq.ft.	$199,850	Airbnb cash on cash: 0.64% Traditional cash on cash: 7.44% Airbnb Rental Income: $1215 Traditional Rental Income: $2113 Airbnb ROI: 0.64% Traditional ROI: 7.44%
9120 Greenspire Drive #106 West Des Moines, IA Welcome home to this well-maintained end-unit townhome in the desirable Brownstones commun...	2 beds \| 3 baths \| 1,586 sq.ft.	$242,000	Airbnb cash on cash: -0.53% Traditional cash on cash: 4.21% Airbnb Rental Income: $1215 Traditional Rental Income: $1908 Airbnb ROI: -0.53% Traditional ROI: 4.21%
3051 SW White Birch Drive Ankeny, IA Spacious 3-bedroom, 2.5-bath townhome in an unbeatable Ankeny location with easy access to...	3 beds \| 3 baths \| 1,380 sq.ft.	$221,500	Airbnb cash on cash: 0.71% Traditional cash on cash: 5.99% Airbnb Rental Income: $1461 Traditional Rental Income: $2136 Airbnb ROI: 0.71% Traditional ROI: 5.99%
2503 NE Oak Drive #1 Ankeny, IA Welcome to The Village at Briarwood Park! This beautifully maintained ground level condo o...	2 beds \| 2 baths \| 1,126 sq.ft.	$225,500	Airbnb cash on cash: 2.33% Traditional cash on cash: 6.14% Airbnb Rental Income: $1869 Traditional Rental Income: $2182 Airbnb ROI: 2.33% Traditional ROI: 6.14%
111 10th Street #410 Des Moines, IA Rare Downtown Loft with Massive Private Patio in the Iconic Look Magazine Building! Experi...	1 beds \| 2 baths \| 1,248 sq.ft.	$272,499	Airbnb cash on cash: -3.81% Traditional cash on cash: 0.95% Airbnb Rental Income: $608 Traditional Rental Income: $1539 Airbnb ROI: -3.81% Traditional ROI: 0.95%
4627 NE Mcdougal Lane Ankeny, IA Light, bright and sparkling clean! This home is ready to move right in. Walk a few steps d...	3 beds \| 4 baths \| 1,520 sq.ft.	$220,000	Airbnb cash on cash: 1.09% Traditional cash on cash: 7.58% Airbnb Rental Income: $1461 Traditional Rental Income: $2381 Airbnb ROI: 1.09% Traditional ROI: 7.58%
15500 Tradewind Drive #4 Spirit Lake, IA Enjoy West Lake living without the commotion-and benefit from lower taxes, too! This maint...	4 beds \| 4 baths \| 3,147 sq.ft.	$897,500	Airbnb cash on cash: -0.27% Traditional cash on cash: 2.54% Airbnb Rental Income: $1977 Traditional Rental Income: $3811 Airbnb ROI: -0.27% Traditional ROI: 2.54%
2212 SW 35th Street Ankeny, IA Discover the ease of single level living in this beautifully updated zero-entry ranch town...	2 beds \| 2 baths \| 1,300 sq.ft.	$253,000	Airbnb cash on cash: 2.54% Traditional cash on cash: 5.1% Airbnb Rental Income: $1869 Traditional Rental Income: $1980 Airbnb ROI: 2.54% Traditional ROI: 5.1%
9655 Crowning Drive West Des Moines, IA Enjoy easy living in this beautifully maintained ranch townhome in a prime West Des Moines...	2 beds \| 2 baths \| 1,412 sq.ft.	$305,000	Airbnb cash on cash: -0.6% Traditional cash on cash: 4.25% Airbnb Rental Income: $1215 Traditional Rental Income: $2215 Airbnb ROI: -0.6% Traditional ROI: 4.25%
2825 NW Lois Lane Ankeny, IA Welcome home to this move-in ready townhome in a desirable Ankeny location near the High T...	3 beds \| 3 baths \| 1,473 sq.ft.	$236,000	Airbnb cash on cash: 0.86% Traditional cash on cash: 7.19% Airbnb Rental Income: $1461 Traditional Rental Income: $2440 Airbnb ROI: 0.86% Traditional ROI: 7.19%

Your search for investment property begins and ends here

Townhouses for Sale in Iowa

4510 Twain Circle #206

Ames, IA

1 beds | 1 baths | 658 sq.ft.

$134,900

Airbnb cash on cash: 1.9%

Traditional cash on cash: 8.88%

Airbnb Rental Income: $963

Traditional Rental Income: $1518

Airbnb ROI: 1.9%

Traditional ROI: 8.88%

3805 Chippewa Ct.

Sioux City, IA

3 beds | 3 baths | 2,442 sq.ft.

$249,999

Airbnb cash on cash: -0.11%

Traditional cash on cash: 9.33%

Airbnb Rental Income: $1099

Traditional Rental Income: $2955

Airbnb ROI: -0.11%

Traditional ROI: 9.33%

354 NW Georgetown Boulevard

Ankeny, IA

2 beds | 2 baths | 1,140 sq.ft.

$165,000

Airbnb cash on cash: 4.59%

Traditional cash on cash: 8.13%

Airbnb Rental Income: $1869

Traditional Rental Income: $1925

Airbnb ROI: 4.59%

Traditional ROI: 8.13%

786 White Tail Way

Polk City, IA

2 beds | 2 baths | 1,328 sq.ft.

$310,000

Airbnb cash on cash: 1.97%

Traditional cash on cash: 3.74%

Airbnb Rental Income: $2065

Traditional Rental Income: $2050

Airbnb ROI: 1.97%

Traditional ROI: 3.74%

118 W 3rd St

Washington, IA

3 beds | 2 baths | 1,532 sq.ft.

$239,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.08%

Airbnb Rental Income: $null

Traditional Rental Income: $2516

Airbnb ROI: N/A

Traditional ROI: 7.08%

597 Spring Crest Lane

Waukee, IA

2 beds | 3 baths | 1,445 sq.ft.

$267,500

Airbnb cash on cash: 0.37%

Traditional cash on cash: 4.03%

Airbnb Rental Income: $1405

Traditional Rental Income: $1906

Airbnb ROI: 0.37%

Traditional ROI: 4.03%

613 Meadow Place

Ames, IA

3 beds | 2 baths | 630 sq.ft.

$112,000

Airbnb cash on cash: 5.72%

Traditional cash on cash: 10.71%

Airbnb Rental Income: $1565

Traditional Rental Income: $1656

Airbnb ROI: 5.72%

Traditional ROI: 10.71%

827 SW Springfield Drive

Ankeny, IA

4 beds | 2 baths | 1,260 sq.ft.

$250,000

Airbnb cash on cash: 3.04%

Traditional cash on cash: 5.04%

Airbnb Rental Income: $1942

Traditional Rental Income: $1903

Airbnb ROI: 3.04%