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.

Investment Property for Sale in Iowa

Q: Which city in Iowa to invest in for highest ROI on long term rental properties in 2026

In 2026, Eldorais the best city to buy investment properties. Find more investment properties today!

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
301 E Court Avenue unit: 207 Des Moines, IA Downtown Living at its Best in the Historic East Village. This impressive condo features 1...	1 beds \| 1 baths \| 852 sq.ft.	$239,900	Airbnb cash on cash: -3.3% Traditional cash on cash: 1.71% Airbnb Rental Income: $744 Traditional Rental Income: $1567 Airbnb ROI: -3.3% Traditional ROI: 1.71%
2935 Lake Hill Drive Des Moines, IA Step into the newest Lake Hill Twin Homes and experience main-level living designed with c...	2 beds \| 2 baths \| 1,322 sq.ft.	$339,000	Airbnb cash on cash: -1.54% Traditional cash on cash: 3.94% Airbnb Rental Income: $992 Traditional Rental Income: $2383 Airbnb ROI: -1.54% Traditional ROI: 3.94%
2931 Lake Hill Drive Des Moines, IA Every detail of this bi-attached ranch home has been thoughtfully designed with high ceili...	4 beds \| 3 baths \| 1,322 sq.ft.	$359,000	Airbnb cash on cash: 0.01% Traditional cash on cash: 3.62% Airbnb Rental Income: $1644 Traditional Rental Income: $2395 Airbnb ROI: 0.01% Traditional ROI: 3.62%
5321 173rd Street Urbandale, IA Welcome to Bentley Ridge, one of Waukee's premier new developments. This stunning walkout ...	5 beds \| 4 baths \| 2,167 sq.ft.	$975,000	Airbnb cash on cash: -1.03% Traditional cash on cash: 0.82% Airbnb Rental Income: $2008 Traditional Rental Income: $3162 Airbnb ROI: -1.03% Traditional ROI: 0.82%
7508 Hickory Lane Urbandale, IA Welcome to this beautifully maintained two-story home in a well-established Urbandale neig...	5 beds \| 4 baths \| 2,232 sq.ft.	$440,000	Airbnb cash on cash: 0.89% Traditional cash on cash: 4.68% Airbnb Rental Income: $2008 Traditional Rental Income: $3043 Airbnb ROI: 0.89% Traditional ROI: 4.68%
18284 Baxter Place Clive, IA The Grace plan by Grace Allen Homes in Shadow Creek West, offers nearly 2,100 sq ft of bea...	4 beds \| 5 baths \| 2,098 sq.ft.	$998,900	Airbnb cash on cash: -1.61% Traditional cash on cash: 1.34% Airbnb Rental Income: $1454 Traditional Rental Income: $3757 Airbnb ROI: -1.61% Traditional ROI: 1.34%
2700 N Shore Drive #E1-16A CLEAR LAKE, IA Nicely updated 1 bedroom + loft with LAKE ACCESS! Remodeled kitchen with custom white cabi...	1 beds \| 1 baths \| 600 sq.ft.	$259,000	Airbnb cash on cash: 2.81% Traditional cash on cash: 1.66% Airbnb Rental Income: $1875 Traditional Rental Income: $1092 Airbnb ROI: 2.81% Traditional ROI: 1.66%
617 B Avenue E Albia, IA Discover this stunning executive home in Albia, Iowa, set on over an acre of beautifully l...	5 beds \| 7 baths \| 6,999 sq.ft.	$615,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.92% Airbnb Rental Income: $null Traditional Rental Income: $6826 Airbnb ROI: N/A Traditional ROI: 8.92%
601 5th Street Glidden, IA Quality Built Home featuring just under 2400 sq feet with everything located on one level ...	3 beds \| 3 baths \| 2,397 sq.ft.	$370,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.86% Airbnb Rental Income: $null Traditional Rental Income: $2890 Airbnb ROI: N/A Traditional ROI: 5.86%
208 Spruce Street Barnes City, IA Acreage with just over 7.5 acres m/l including a 4 BR, 2 BA house, garage, 30x50 shop with...	4 beds \| 2 baths \| 1,631 sq.ft.	$229,800	Airbnb cash on cash: N/A Traditional cash on cash: 9.74% Airbnb Rental Income: $null Traditional Rental Income: $2597 Airbnb ROI: N/A Traditional ROI: 9.74%
5417 Fernwood Drive Cedar Falls, IA This stunning new construction ranch is situated in the desirable Arbors subdivision offer...	3 beds \| 2 baths \| 1,716 sq.ft.	$470,000	Airbnb cash on cash: -1.02% Traditional cash on cash: 3.01% Airbnb Rental Income: $1158 Traditional Rental Income: $2549 Airbnb ROI: -1.02% Traditional ROI: 3.01%
803 Mont Clair St Solon, IA Welcome to this sought-after two-story home filled with natural light and offering the ben...	3 beds \| 3 baths \| 1,779 sq.ft.	$454,900	Airbnb cash on cash: -1.28% Traditional cash on cash: 3.77% Airbnb Rental Income: $991 Traditional Rental Income: $2785 Airbnb ROI: -1.28% Traditional ROI: 3.77%
476 Rebekah Ct Coralville, IA This beautifully crafted custom home, built by award-winning Gary Frakes Construction, off...	5 beds \| 6 baths \| 3,124 sq.ft.	$1,700,000	Airbnb cash on cash: 0.9% Traditional cash on cash: 3.12% Airbnb Rental Income: $3988 Traditional Rental Income: $6637 Airbnb ROI: 0.9% Traditional ROI: 3.12%
1705 WHITNEY Street Atlantic, IA Welcome home to peaceful country living just a short drive from the metro! Step inside thi...	4 beds \| 3 baths \| 3,674 sq.ft.	$538,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.36% Airbnb Rental Income: $null Traditional Rental Income: $2803 Airbnb ROI: N/A Traditional ROI: 3.36%
140 NW Crabtree Lane Waukee, IA Say goodbye to morning chaos-each bedroom in this beautifully crafted and has its own priv...	4 beds \| 5 baths \| 1,580 sq.ft.	$549,900	Airbnb cash on cash: -0.9% Traditional cash on cash: 3.3% Airbnb Rental Income: $1412 Traditional Rental Income: $3142 Airbnb ROI: -0.9% Traditional ROI: 3.3%
14134 Wilden Drive Urbandale, IA As good as new! Step into this stunning Caliber townhome in Calusa at Timberline Village t...	3 beds \| 3 baths \| 1,467 sq.ft.	$310,000	Airbnb cash on cash: -0.19% Traditional cash on cash: 4.93% Airbnb Rental Income: $1471 Traditional Rental Income: $2531 Airbnb ROI: -0.19% Traditional ROI: 4.93%
4208 SW Camden Ridge Drive Ankeny, IA Immaculately cared for 5-bedroom, 3.5-bath home in Ankeny! This stunning property offers s...	5 beds \| 4 baths \| 2,361 sq.ft.	$500,000	Airbnb cash on cash: 3.02% Traditional cash on cash: 3.94% Airbnb Rental Income: $3486 Traditional Rental Income: $3145 Airbnb ROI: 3.02% Traditional ROI: 3.94%
1410 E Ridge Drive Hartwick, IA Welcome to 1410 E Ridge Dr at Holiday Lake-an inviting retreat whether you're looking for ...	2 beds \| 1 baths \| 925 sq.ft.	$235,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.27% Airbnb Rental Income: $null Traditional Rental Income: $1710 Airbnb ROI: N/A Traditional ROI: 5.27%
145 Boulder Adair, IA New construction that is not finished yet. Watch as your home is built. Fully finished wit...	5 beds \| 3 baths \| 1,734 sq.ft.	$615,000	Airbnb cash on cash: 3.5% Traditional cash on cash: 2.37% Airbnb Rental Income: $3993 Traditional Rental Income: $2491 Airbnb ROI: 3.5% Traditional ROI: 2.37%
6440 EP True PKWY #1108 West Des Moines, IA Sellers will pay up to 6 months of the HOA fee with an acceptable offer! This zero entry, ...	2 beds \| 2 baths \| 938 sq.ft.	$139,900	Airbnb cash on cash: 1.16% Traditional cash on cash: 5.47% Airbnb Rental Income: $1585 Traditional Rental Income: $1710 Airbnb ROI: 1.16% Traditional ROI: 5.47%
610 SE Carefree Lane Waukee, IA Located in the heart of Waukee on a corner lot, this home offers a great blend of space, u...	4 beds \| 3 baths \| 2,245 sq.ft.	$415,000	Airbnb cash on cash: -0.22% Traditional cash on cash: 4.01% Airbnb Rental Income: $1412 Traditional Rental Income: $2631 Airbnb ROI: -0.22% Traditional ROI: 4.01%
5430 153rd Street Urbandale, IA Waterford Creek South Townhomes with a modern open feel & soaring windows for an abundance...	3 beds \| 3 baths \| 1,741 sq.ft.	$289,900	Airbnb cash on cash: 1.55% Traditional cash on cash: 7.73% Airbnb Rental Income: $1471 Traditional Rental Income: $2723 Airbnb ROI: 1.55% Traditional ROI: 7.73%
316 13th Street NW Bondurant, IA Discover exceptional craftsmanship in this stunning new construction ranch home from Vince...	3 beds \| 2 baths \| 1,639 sq.ft.	$447,999	Airbnb cash on cash: -0.49% Traditional cash on cash: 3.24% Airbnb Rental Income: $1379 Traditional Rental Income: $2526 Airbnb ROI: -0.49% Traditional ROI: 3.24%
1129 Washington Drive Marion, IA Completely updated ranch home in the Marion Community School District. This 2-bedroom, 1-b...	2 beds \| 1 baths \| 816 sq.ft.	$195,000	Airbnb cash on cash: 1.24% Traditional cash on cash: 5.75% Airbnb Rental Income: $1157 Traditional Rental Income: $1612 Airbnb ROI: 1.24% Traditional ROI: 5.75%
13294 212th Ave Anamosa, IA Looking for space, privacy, and updates already done? This 4-bedroom, 3.5-bath acreage on ...	4 beds \| 4 baths \| 1,986 sq.ft.	$365,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.11% Airbnb Rental Income: $null Traditional Rental Income: $3268 Airbnb ROI: N/A Traditional ROI: 7.11%
1721 Woodside Court NW Cedar Rapids, IA Check out this meticulously maintained one-owner 3 bedroom ranch before it's gone! High qu...	3 beds \| 2 baths \| 1,520 sq.ft.	$240,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.73% Airbnb Rental Income: $null Traditional Rental Income: $2197 Airbnb ROI: N/A Traditional ROI: 6.73%
2987 Jaden Lane Norwalk, IA This property is giving off all of the positive vibes! Bright and sunny, 4 bedrooms, all n...	4 beds \| 2 baths \| 1,196 sq.ft.	$270,000	Airbnb cash on cash: 2.42% Traditional cash on cash: 4.67% Airbnb Rental Income: $1911 Traditional Rental Income: $1976 Airbnb ROI: 2.42% Traditional ROI: 4.67%
23 BALSAM Circle COUNCIL BLUFFS, IA SSDL	3 beds \| 3 baths \| 2,589 sq.ft.	$562,250	Airbnb cash on cash: -1.66% Traditional cash on cash: 2.95% Airbnb Rental Income: $939 Traditional Rental Income: $3015 Airbnb ROI: -1.66% Traditional ROI: 2.95%
1018 Emerald Hills Drive Arnolds Park, IA 1018 Emerald Hills Drive â Golferâs Delight! Impeccably maintained patio home located...	3 beds \| 1 baths \| 1,885 sq.ft.	$595,000	Airbnb cash on cash: 0.46% Traditional cash on cash: 2.23% Airbnb Rental Income: $1472 Traditional Rental Income: $2023 Airbnb ROI: 0.46% Traditional ROI: 2.23%
1500 E Linden #131 Drive #131 Mount Pleasant, IA Welcome to The Chickadee! Easy living in a community where the hard work is done for you! ...	3 beds \| 2 baths \| 1,216 sq.ft.	$140,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.59% Airbnb Rental Income: $null Traditional Rental Income: $1976 Airbnb ROI: N/A Traditional ROI: 4.59%
505 S ELM Street SHENANDOAH, IA Oh my gosh I love this one. The cutest 2 bdr ranch home with some much new. The New Kitche...	2 beds \| 1 baths \| 1,056 sq.ft.	$129,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.67% Airbnb Rental Income: $null Traditional Rental Income: $1432 Airbnb ROI: N/A Traditional ROI: 8.67%
1278 S Radley Street West Des Moines, IA Discover a rare opportunity to own a stunning home nestled on a quiet cul-de-sac, where el...	5 beds \| 4 baths \| 2,397 sq.ft.	$679,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.22% Airbnb Rental Income: $null Traditional Rental Income: $3165 Airbnb ROI: N/A Traditional ROI: 2.22%
2601 NW 30th Lane Ankeny, IA Imagine coming home to a space where weekends are yours again-no mowing, no shoveling, jus...	2 beds \| 2 baths \| 1,217 sq.ft.	$279,500	Airbnb cash on cash: 2.52% Traditional cash on cash: 4.94% Airbnb Rental Income: $2106 Traditional Rental Income: $2204 Airbnb ROI: 2.52% Traditional ROI: 4.94%
4202 62nd Street unit: 6 Urbandale, IA Why rent when you can own for less? This updated, move-in-ready 2-bedroom, 2-bath condo of...	2 beds \| 2 baths \| 960 sq.ft.	$108,000	Airbnb cash on cash: 2.43% Traditional cash on cash: 8.87% Airbnb Rental Income: $1168 Traditional Rental Income: $1459 Airbnb ROI: 2.43% Traditional ROI: 8.87%
307 Aspen Drive NE Bondurant, IA Stunning custom-built two-story offering nearly 2,300 sq ft of finished living space with ...	4 beds \| 4 baths \| 2,165 sq.ft.	$515,000	Airbnb cash on cash: -0.77% Traditional cash on cash: 3.6% Airbnb Rental Income: $1363 Traditional Rental Income: $3050 Airbnb ROI: -0.77% Traditional ROI: 3.6%
1635 31st St SE Cedar Rapids, IA Looking for an in-town acreage? Located in the heart of Cedar Rapids! This unique estate s...	3 beds \| 1 baths \| 1,135 sq.ft.	$339,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.42% Airbnb Rental Income: $null Traditional Rental Income: $1825 Airbnb ROI: N/A Traditional ROI: 3.42%
1504 W Jackson Avenue Indianola, IA Welcome home to this well maintained 1.5-story residence located on a cul-de-sac, this hom...	3 beds \| 3 baths \| 1,488 sq.ft.	$350,000	Airbnb cash on cash: -0.32% Traditional cash on cash: 3.71% Airbnb Rental Income: $1155 Traditional Rental Income: $2101 Airbnb ROI: -0.32% Traditional ROI: 3.71%
408 Maple Street De Soto, IA This spacious 3-bedroom walkout ranch is perfectly situated on a generous .65 acre lot. Em...	3 beds \| 3 baths \| 1,064 sq.ft.	$199,900	Airbnb cash on cash: 3.56% Traditional cash on cash: 6.97% Airbnb Rental Income: $1774 Traditional Rental Income: $1936 Airbnb ROI: 3.56% Traditional ROI: 6.97%
5554 W 122nd Street N Mingo, IA A rare find in Jasper County on 24.4 acres. This one-owner custom brick ranch home built i...	4 beds \| 3 baths \| 1,736 sq.ft.	$899,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.2% Airbnb Rental Income: $null Traditional Rental Income: $2631 Airbnb ROI: N/A Traditional ROI: 1.2%

Real Estate investment in Iowa

There are 8,622 properties available for sale in the state of Iowa. Eldora, Davenport and Sioux City are the best rental property markets in Iowa. The average median price of properties for sale in these cities are $235,625 and the average price per square foot is $0. Their average monthly cash on cash return is 9.33%.

Iowa Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 8,622 investment properties available for sale in Iowa.

In 2026, Eldora is the best city to buy investment properties. Find more investment properties today!

In 2026, Eldora (14%) and Davenport (7%) has the highest cash on cash return for long term rentals in Iowa.

Your search for investment property begins and ends here

Investment Property for Sale in Iowa

301 E Court Avenue unit: 207

Des Moines, IA

1 beds | 1 baths | 852 sq.ft.

$239,900

Airbnb cash on cash: -3.3%

Traditional cash on cash: 1.71%

Airbnb Rental Income: $744

Traditional Rental Income: $1567

Airbnb ROI: -3.3%

Traditional ROI: 1.71%

2935 Lake Hill Drive

Des Moines, IA

2 beds | 2 baths | 1,322 sq.ft.

$339,000

Airbnb cash on cash: -1.54%

Traditional cash on cash: 3.94%

Airbnb Rental Income: $992

Traditional Rental Income: $2383

Airbnb ROI: -1.54%

Traditional ROI: 3.94%

2931 Lake Hill Drive

Des Moines, IA

4 beds | 3 baths | 1,322 sq.ft.

$359,000

Airbnb cash on cash: 0.01%

Traditional cash on cash: 3.62%

Airbnb Rental Income: $1644

Traditional Rental Income: $2395

Airbnb ROI: 0.01%

Traditional ROI: 3.62%

5321 173rd Street

Urbandale, IA

5 beds | 4 baths | 2,167 sq.ft.

$975,000

Airbnb cash on cash: -1.03%

Traditional cash on cash: 0.82%

Airbnb Rental Income: $2008

Traditional Rental Income: $3162

Airbnb ROI: -1.03%

Traditional ROI: 0.82%

7508 Hickory Lane

Urbandale, IA

5 beds | 4 baths | 2,232 sq.ft.

$440,000

Airbnb cash on cash: 0.89%

Traditional cash on cash: 4.68%

Airbnb Rental Income: $2008

Traditional Rental Income: $3043

Airbnb ROI: 0.89%

Traditional ROI: 4.68%

18284 Baxter Place

Clive, IA

4 beds | 5 baths | 2,098 sq.ft.

$998,900

Airbnb cash on cash: -1.61%

Traditional cash on cash: 1.34%

Airbnb Rental Income: $1454

Traditional Rental Income: $3757

Airbnb ROI: -1.61%

Traditional ROI: 1.34%

2700 N Shore Drive #E1-16A

CLEAR LAKE, IA

1 beds | 1 baths | 600 sq.ft.

$259,000

Airbnb cash on cash: 2.81%

Traditional cash on cash: 1.66%

Airbnb Rental Income: $1875

Traditional Rental Income: $1092

Airbnb ROI: 2.81%

Traditional ROI: 1.66%

617 B Avenue E

Albia, IA

5 beds | 7 baths | 6,999 sq.ft.

$615,000

Airbnb cash on cash: N/A

Traditional cash on cash: 8.92%

Airbnb Rental Income: $null

Traditional Rental Income: $6826

Airbnb ROI: N/A