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 2025

In 2025, Eldorais the best city to buy investment properties. Find more investment properties today!

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1301 3rd Ave SE #107 LeMars, IA New construction units at Heritage Estates. This is an established 55 yr. old or older co...	2 beds \| 2 baths \| 1,295 sq.ft.	$328,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.98% Airbnb Rental Income: $null Traditional Rental Income: $2143 Airbnb ROI: N/A Traditional ROI: 4.98%
1103 13Th Street Boone, IA Welcome to 1103 13th Street in Boone, Iowa! This charming 2 bedroom, 1 bathroom home is 76...	2 beds \| 1 baths \| 768 sq.ft.	$125,000	Airbnb cash on cash: 1.75% Traditional cash on cash: 4.15% Airbnb Rental Income: $989 Traditional Rental Income: $924 Airbnb ROI: 1.75% Traditional ROI: 4.15%
314 NE 7th Street Ankeny, IA Sellers are offering a $2K paint allowance with an acceptable offer! Welcome to this charm...	3 beds \| 2 baths \| 960 sq.ft.	$259,900	Airbnb cash on cash: 7.62% Traditional cash on cash: 5.04% Airbnb Rental Income: $3267 Traditional Rental Income: $1901 Airbnb ROI: 7.62% Traditional ROI: 5.04%
2103 Governor Road Marshalltown, IA This amazing home is move in ready! Every room has been updated. New LVP flooring througho...	3 beds \| 2 baths \| 1,292 sq.ft.	$315,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.3% Airbnb Rental Income: $null Traditional Rental Income: $2258 Airbnb ROI: N/A Traditional ROI: 5.3%
1104 Phillips Street Polk City, IA Now priced below-assessed value! This exquisitely renovated residence is situated in a pr...	3 beds \| 3 baths \| 1,676 sq.ft.	$324,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.42% Airbnb Rental Income: $null Traditional Rental Income: $2616 Airbnb ROI: N/A Traditional ROI: 5.42%
2000 Locust Street West Des Moines, IA Welcome home! This beautiful 3-bedroom, 1-bathroom ranch home is nestled in an amazing loc...	3 beds \| 1 baths \| 1,064 sq.ft.	$265,000	Airbnb cash on cash: 3.46% Traditional cash on cash: 4.24% Airbnb Rental Income: $2095 Traditional Rental Income: $1753 Airbnb ROI: 3.46% Traditional ROI: 4.24%
503 W Pleasantview Drive Prairie City, IA Small town living, PCM school district with a short 20 min commute to DSM and Just in time...	5 beds \| 3 baths \| 1,586 sq.ft.	$359,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.36% Airbnb Rental Income: $null Traditional Rental Income: $2755 Airbnb ROI: N/A Traditional ROI: 5.36%
503 24th Place SW MASON CITY, IA WELCOME HOME TO THIS BRIGHT AND AIRY 3 BDRM 3 BATH HOME! Featuring a large 3-stall attache...	3 beds \| 4 baths \| 1,936 sq.ft.	$324,720	Airbnb cash on cash: 2.58% Traditional cash on cash: 3.71% Airbnb Rental Income: $2151 Traditional Rental Income: $1949 Airbnb ROI: 2.58% Traditional ROI: 3.71%
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.	$895,000	Airbnb cash on cash: 1.26% Traditional cash on cash: 0.84% Airbnb Rental Income: $3022 Traditional Rental Income: $1986 Airbnb ROI: 1.26% Traditional ROI: 0.84%
935 15th Avenue SW Cedar Rapids, IA Great investment property or starter home with this nicely decorated 2 Bedroom, 1 Bathroom...	2 beds \| 1 baths \| 678 sq.ft.	$129,900	Airbnb cash on cash: 4.41% Traditional cash on cash: 7.66% Airbnb Rental Income: $1379 Traditional Rental Income: $1366 Airbnb ROI: 4.41% Traditional ROI: 7.66%
2202 Sunflower Street Perry, IA Welcome to this stunning 4 bed 3 bath split foyer home, nestled in a serene and quiet neig...	4 beds \| 3 baths \| 1,108 sq.ft.	$284,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.27% Airbnb Rental Income: $null Traditional Rental Income: $2452 Airbnb ROI: N/A Traditional ROI: 6.27%
124 Polk St Burlington, IA Welcome to your dream home, where luxury meets functionality in a picturesque setting. Thi...	3 beds \| 3 baths \| 4,380 sq.ft.	$438,000	Airbnb cash on cash: 3.83% Traditional cash on cash: 3.78% Airbnb Rental Income: $3229 Traditional Rental Income: $2483 Airbnb ROI: 3.83% Traditional ROI: 3.78%
1015 Grand Park Drive Fairfield, IA Charming home with a blend of comfort and convenience, located close to schools and local ...	3 beds \| 2 baths \| 1,024 sq.ft.	$169,900	Airbnb cash on cash: 9.4% Traditional cash on cash: 7.15% Airbnb Rental Income: $2648 Traditional Rental Income: $1653 Airbnb ROI: 9.4% Traditional ROI: 7.15%
353 4th St NW Fort Dodge, IA Great starter home with spacious eat-in kitchen has oak cabinets with new fridge and kitch...	2 beds \| 2 baths \| 1,056 sq.ft.	$147,500	Airbnb cash on cash: 3.77% Traditional cash on cash: 4.77% Airbnb Rental Income: $1368 Traditional Rental Income: $1093 Airbnb ROI: 3.77% Traditional ROI: 4.77%
102 135th Drive Amana, IA This well-maintained condo offers convenient living next to the Amana Golf Course, providi...	3 beds \| 3 baths \| 1,307 sq.ft.	$289,500	Airbnb cash on cash: N/A Traditional cash on cash: 5.69% Airbnb Rental Income: $null Traditional Rental Income: $2370 Airbnb ROI: N/A Traditional ROI: 5.69%
1903 Edgebrook Drive Marshalltown, IA Stunning four bedroom home in the heart of Marshalltown! This recently renovated home offe...	4 beds \| 2 baths \| 2,246 sq.ft.	$279,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.47% Airbnb Rental Income: $null Traditional Rental Income: $2743 Airbnb ROI: N/A Traditional ROI: 7.47%
1201 W Broadway Street Eagle Grove, IA Welcome home to this move-in ready spacious 4 bedroom 2 bathroom ranch style property! It ...	4 beds \| 2 baths \| 1,728 sq.ft.	$214,500	Airbnb cash on cash: N/A Traditional cash on cash: 9.61% Airbnb Rental Income: $null Traditional Rental Income: $2503 Airbnb ROI: N/A Traditional ROI: 9.61%
410 S Massachusetts MASON CITY, IA 3 bedroom, 3 bath home with beautiful oak floors and trim throughout the house. New furnac...	3 beds \| N/A baths \| 2,407 sq.ft.	$183,525	Airbnb cash on cash: 6.84% Traditional cash on cash: 9.87% Airbnb Rental Income: $2151 Traditional Rental Income: $2132 Airbnb ROI: 6.84% Traditional ROI: 9.87%
1416 S Main Street Iowa City, IA Two story home on Main St with character and detail throughout! This spacious home offers...	4 beds \| 2 baths \| 1,976 sq.ft.	$175,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.53% Airbnb Rental Income: $null Traditional Rental Income: $2359 Airbnb ROI: N/A Traditional ROI: 10.53%
125 Mechanic Street Middletown, IA This 3-bedroom family home features an open floor plan with a well-appointed kitchen, a di...	3 beds \| 3 baths \| 1,920 sq.ft.	$230,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.14% Airbnb Rental Income: $null Traditional Rental Income: $2825 Airbnb ROI: N/A Traditional ROI: 10.14%
1215 10th Avenue SE Altoona, IA This home is clean and fresh with many updates for you to appreciate! Walk into the large ...	3 beds \| 3 baths \| 1,374 sq.ft.	$310,000	Airbnb cash on cash: 2.65% Traditional cash on cash: 4.87% Airbnb Rental Income: $2145 Traditional Rental Income: $2246 Airbnb ROI: 2.65% Traditional ROI: 4.87%
1738 Everwood Court SW Altoona, IA This Tuscan-style home is on a quiet cul-de-sac just minutes from both Hwy 65 and I80 in A...	4 beds \| 4 baths \| 2,284 sq.ft.	$495,000	Airbnb cash on cash: 2.46% Traditional cash on cash: 3.16% Airbnb Rental Income: $3354 Traditional Rental Income: $2931 Airbnb ROI: 2.46% Traditional ROI: 3.16%
4947 E Hull Avenue Des Moines, IA Walkout ranch offering a picturesque setting backing to a pond! Price includes a tear-off ...	4 beds \| 3 baths \| 1,676 sq.ft.	$419,900	Airbnb cash on cash: 3.79% Traditional cash on cash: 2.94% Airbnb Rental Income: $3492 Traditional Rental Income: $2388 Airbnb ROI: 3.79% Traditional ROI: 2.94%
2323 S Cypress Sioux City, IA This cape cod is a beauty!! You will love all the updates!! As you walk into the home yo...	4 beds \| 2 baths \| 1,346 sq.ft.	$209,999	Airbnb cash on cash: N/A Traditional cash on cash: 8.37% Airbnb Rental Income: $null Traditional Rental Income: $2273 Airbnb ROI: N/A Traditional ROI: 8.37%
310 E Baker Street Mount Pleasant, IA BEAUTIFUL HOME IN A WONDERFUL NEIGHBORHOOD! This home has been fully remodeled! You will f...	3 beds \| 2 baths \| 1,040 sq.ft.	$217,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.64% Airbnb Rental Income: $null Traditional Rental Income: $2099 Airbnb ROI: N/A Traditional ROI: 7.64%
813 4th SE MASON CITY, IA Very spacious 4 Bedroom 3 Bath Ranch on an almost 1/2 acre lot on Mason City's east side. ...	4 beds \| N/A baths \| 2,858 sq.ft.	$249,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.42% Airbnb Rental Income: $null Traditional Rental Income: $2463 Airbnb ROI: N/A Traditional ROI: 7.42%
2501 Meadow Lane West Des Moines, IA Come see this well-taken care of charmer in West Des Moines! Stepping in to the entryway y...	3 beds \| 2 baths \| 892 sq.ft.	$249,900	Airbnb cash on cash: 3.85% Traditional cash on cash: 4.94% Airbnb Rental Income: $2095 Traditional Rental Income: $1813 Airbnb ROI: 3.85% Traditional ROI: 4.94%
3011 Nakoma Lane Carter Lake, IA Kathy Welch, D: 402-884-4840, [email protected], https://www.nebraskarealty.com -...	2 beds \| 3 baths \| 1,320 sq.ft.	$200,000	Airbnb cash on cash: 0.42% Traditional cash on cash: 7.55% Airbnb Rental Income: $1226 Traditional Rental Income: $2186 Airbnb ROI: 0.42% Traditional ROI: 7.55%
916-4 Williams Drive Fort Dodge, IA Discover your dream townhome on Williams Drive! This charming 2-bedroom, 2.5-bath gem feat...	2 beds \| 2 baths \| 1,057 sq.ft.	$170,000	Airbnb cash on cash: 2.49% Traditional cash on cash: 8.24% Airbnb Rental Income: $1368 Traditional Rental Income: $1883 Airbnb ROI: 2.49% Traditional ROI: 8.24%
210 W Larson Street Knoxville, IA Comfort Centered 3 Bed / 2 Bath ~ Roomy open concept with newer furnace/AC, LVP flooring, ...	3 beds \| 2 baths \| 1,056 sq.ft.	$220,000	Airbnb cash on cash: 8.81% Traditional cash on cash: 6.6% Airbnb Rental Income: $3148 Traditional Rental Income: $1973 Airbnb ROI: 8.81% Traditional ROI: 6.6%
508 W Centennial Drive Huxley, IA Growing Huxley awaits you. This 4BR ranch home, with 3 baths has room to roam. A covered p...	4 beds \| 3 baths \| 1,579 sq.ft.	$440,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.69% Airbnb Rental Income: $null Traditional Rental Income: $2683 Airbnb ROI: N/A Traditional ROI: 3.69%
9840 Hickory Drive Urbandale, IA This spacious 3,800+ sq ft family home is designed for both relaxation and productivityâ...	4 beds \| 5 baths \| 2,748 sq.ft.	$528,000	Airbnb cash on cash: 2.39% Traditional cash on cash: 6.1% Airbnb Rental Income: $3286 Traditional Rental Income: $4382 Airbnb ROI: 2.39% Traditional ROI: 6.1%
2211 270th Street Donnellson, IA Beautiful home in a peaceful location! This ranch style home features a cozy living room w...	2 beds \| 2 baths \| 1,404 sq.ft.	$249,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.25% Airbnb Rental Income: $null Traditional Rental Income: $2040 Airbnb ROI: N/A Traditional ROI: 6.25%
7010 Monroe Court Urbandale, IA Great ranch home in Urbandale that features: three bedrooms, hardwood floors, finished low...	3 beds \| 1 baths \| 936 sq.ft.	$225,000	Airbnb cash on cash: 4.6% Traditional cash on cash: 5.04% Airbnb Rental Income: $2170 Traditional Rental Income: $1714 Airbnb ROI: 4.6% Traditional ROI: 5.04%
237 E Front Street Colfax, IA This is the one! Check out this charming 1-1/2 story home. This home is cozy inside and ou...	3 beds \| 1 baths \| 1,044 sq.ft.	$167,500	Airbnb cash on cash: N/A Traditional cash on cash: 8.21% Airbnb Rental Income: $null Traditional Rental Income: $1776 Airbnb ROI: N/A Traditional ROI: 8.21%
12602 Ridgemont Drive Urbandale, IA Beautiful 2 story home with large bedrooms in an excellent neighborhood! 4 bedrooms, 4 b...	4 beds \| 4 baths \| 2,571 sq.ft.	$489,000	Airbnb cash on cash: 2.35% Traditional cash on cash: 3.38% Airbnb Rental Income: $3286 Traditional Rental Income: $3020 Airbnb ROI: 2.35% Traditional ROI: 3.38%
930 Glendale Park Drive Hampton, IA Discover this thoughtfully designed home featuring 3 bedrooms and 1.5 baths on the main fl...	4 beds \| 3 baths \| 1,224 sq.ft.	$185,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.28% Airbnb Rental Income: $null Traditional Rental Income: $2303 Airbnb ROI: N/A Traditional ROI: 10.28%
501 County Avenue Sheldahl, IA Welcome home to this darling 3 bedroom/2 bath that will charm your socks off. You will lo...	3 beds \| 2 baths \| 1,416 sq.ft.	$235,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.59% Airbnb Rental Income: $null Traditional Rental Income: $2250 Airbnb ROI: N/A Traditional ROI: 7.59%
1508 Southview Cir Fairfield, IA This home is truly move-in ready! Recent updates in 2024 include new flooring throughout, ...	3 beds \| 2 baths \| 924 sq.ft.	$195,000	Airbnb cash on cash: 8.09% Traditional cash on cash: 5.72% Airbnb Rental Income: $2648 Traditional Rental Income: $1579 Airbnb ROI: 8.09% Traditional ROI: 5.72%
616 S Indiana MASON CITY, IA EVER SO CHARMING AND MOVE IN READY! 4 BEDROOM BRICK BEAUTY WITH TERRIFIC LOCATION! Walking...	4 beds \| 2 baths \| 2,873 sq.ft.	$209,913	Airbnb cash on cash: N/A Traditional cash on cash: 10.72% Airbnb Rental Income: $null Traditional Rental Income: $2712 Airbnb ROI: N/A Traditional ROI: 10.72%

Real Estate investment in Iowa

There are 5,427 properties available for sale in the state of Iowa. Eldora, Sioux City and Davenport are the best rental property markets in Iowa. The average median price of properties for sale in these cities are $216,300 and the average price per square foot is $0. Their average monthly cash on cash return is 9.00%.

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

There are 5,427 investment properties available for sale in Iowa.

In 2025, Eldora is the best city to buy investment properties. Find more investment properties today!

In 2025, Eldora (14%) and Sioux City (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

1301 3rd Ave SE #107

LeMars, IA

2 beds | 2 baths | 1,295 sq.ft.

$328,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.98%

Airbnb Rental Income: $null

Traditional Rental Income: $2143

Airbnb ROI: N/A

Traditional ROI: 4.98%

1103 13Th Street

Boone, IA

2 beds | 1 baths | 768 sq.ft.

$125,000

Airbnb cash on cash: 1.75%

Traditional cash on cash: 4.15%

Airbnb Rental Income: $989

Traditional Rental Income: $924

Airbnb ROI: 1.75%

Traditional ROI: 4.15%

314 NE 7th Street

Ankeny, IA

3 beds | 2 baths | 960 sq.ft.

$259,900

Airbnb cash on cash: 7.62%

Traditional cash on cash: 5.04%

Airbnb Rental Income: $3267

Traditional Rental Income: $1901

Airbnb ROI: 7.62%

Traditional ROI: 5.04%

2103 Governor Road

Marshalltown, IA

3 beds | 2 baths | 1,292 sq.ft.

$315,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.3%

Airbnb Rental Income: $null

Traditional Rental Income: $2258

Airbnb ROI: N/A

Traditional ROI: 5.3%

1104 Phillips Street

Polk City, IA

3 beds | 3 baths | 1,676 sq.ft.

$324,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.42%

Airbnb Rental Income: $null

Traditional Rental Income: $2616

Airbnb ROI: N/A

Traditional ROI: 5.42%

2000 Locust Street

West Des Moines, IA

3 beds | 1 baths | 1,064 sq.ft.

$265,000

Airbnb cash on cash: 3.46%

Traditional cash on cash: 4.24%

Airbnb Rental Income: $2095

Traditional Rental Income: $1753

Airbnb ROI: 3.46%

Traditional ROI: 4.24%

503 W Pleasantview Drive

Prairie City, IA

5 beds | 3 baths | 1,586 sq.ft.

$359,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.36%

Airbnb Rental Income: $null

Traditional Rental Income: $2755

Airbnb ROI: N/A

Traditional ROI: 5.36%

503 24th Place SW

MASON CITY, IA

3 beds | 4 baths | 1,936 sq.ft.

$324,720

Airbnb cash on cash: 2.58%

Traditional cash on cash: 3.71%

Airbnb Rental Income: $2151

Traditional Rental Income: $1949

Airbnb ROI: 2.58%