Real Estate Investment Properties for Sale in Altoona, IA

Looking for investment property in Altoona, IA with high ROI ?

Explore a variety of short-term homes & houses in Altoona, IA. Invest wisely with VRBO & Altoona, IA 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 Altoona, IA

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
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%
2205 2nd Street SW Altoona, IA Check out this must see ranch home in Altoona! This home features a long list of updates r...	3 beds \| 2 baths \| 1,136 sq.ft.	$240,000	Airbnb cash on cash: 4.22% Traditional cash on cash: 5.8% Airbnb Rental Income: $2145 Traditional Rental Income: $1958 Airbnb ROI: 4.22% Traditional ROI: 5.8%
1538 Prairie Court Altoona, IA Beautifully updated 2-bedroom townhome with thoughtful design and modern upgrades! The mai...	2 beds \| 2 baths \| 1,048 sq.ft.	$228,000	Airbnb cash on cash: 3.34% Traditional cash on cash: 4.35% Airbnb Rental Income: $2218 Traditional Rental Income: $1878 Airbnb ROI: 3.34% Traditional ROI: 4.35%
612 12th Avenue NW Altoona, IA ****Same day sale	2 beds \| 1 baths \| 901 sq.ft.	$211,200	Airbnb cash on cash: 5.28% Traditional cash on cash: 1.86% Airbnb Rental Income: $2218 Traditional Rental Income: $974 Airbnb ROI: 5.28% Traditional ROI: 1.86%
107 10th Avenue SW Altoona, IA This well kept 3 bedroom, 2 bath home is conveniently located in a tree lined neighborhood...	3 beds \| 2 baths \| 853 sq.ft.	$265,000	Airbnb cash on cash: 3.6% Traditional cash on cash: 4.43% Airbnb Rental Income: $2145 Traditional Rental Income: $1806 Airbnb ROI: 3.6% Traditional ROI: 4.43%
1613 17th Street SE Altoona, IA Cozy up in this well maintained 4 bedroom - 3 bathroom ranch in the beautiful Tuscany neig...	4 beds \| 3 baths \| 1,430 sq.ft.	$373,500	Airbnb cash on cash: 4.89% Traditional cash on cash: 4.23% Airbnb Rental Income: $3354 Traditional Rental Income: $2376 Airbnb ROI: 4.89% Traditional ROI: 4.23%
2206 4th Street SW Altoona, IA This charming 2-story gem features 4 spacious bedrooms and a 2-car attached garage, offeri...	4 beds \| 2 baths \| 1,416 sq.ft.	$299,900	Airbnb cash on cash: 6.38% Traditional cash on cash: 4.85% Airbnb Rental Income: $3354 Traditional Rental Income: $2173 Airbnb ROI: 6.38% Traditional ROI: 4.85%
2013 Country Cove Lane Altoona, IA Charming 4-Bedroom Ranch with many updates! This home features a rare bonus oversized 2 st...	4 beds \| 3 baths \| 1,316 sq.ft.	$345,000	Airbnb cash on cash: 5.13% Traditional cash on cash: 4.18% Airbnb Rental Income: $3354 Traditional Rental Income: $2299 Airbnb ROI: 5.13% Traditional ROI: 4.18%
115 15th Street SE Altoona, IA Welcome to this beautifully updated ranch home nestled in a well-established neighborhood....	3 beds \| 2 baths \| 960 sq.ft.	$277,000	Airbnb cash on cash: 3.37% Traditional cash on cash: 2.84% Airbnb Rental Income: $2145 Traditional Rental Income: $1460 Airbnb ROI: 3.37% Traditional ROI: 2.84%
513 18th Court SW Altoona, IA Fully Remodeled Split-Level Gem. Step into this stunning split-level home, beautifully up...	4 beds \| 3 baths \| 1,216 sq.ft.	$299,900	Airbnb cash on cash: 6.4% Traditional cash on cash: 5.44% Airbnb Rental Income: $3354 Traditional Rental Income: $2333 Airbnb ROI: 6.4% Traditional ROI: 5.44%
1020 7th Street NW Altoona, IA	3 beds \| 2 baths \| 880 sq.ft.	$249,900	Airbnb cash on cash: 3.9% Traditional cash on cash: 5.24% Airbnb Rental Income: $2145 Traditional Rental Income: $1916 Airbnb ROI: 3.9% Traditional ROI: 5.24%
1427 34th Avenue SW #201 Altoona, IA Discover the stunning Cherry Floor Plan on the 2nd floor of Altoona?' Classic 55+ Communit...	3 beds \| 2 baths \| 1,641 sq.ft.	$195,900	Airbnb cash on cash: -9.15% Traditional cash on cash: -4.22% Airbnb Rental Income: $2145 Traditional Rental Income: $2517 Airbnb ROI: -9.15% Traditional ROI: -4.22%
1427 34th Avenue SW #207 Altoona, IA Experience luxury living with the Magnolia Plan on the 2nd floor of Altoona's prestigious ...	2 beds \| 2 baths \| 1,319 sq.ft.	$139,500	Airbnb cash on cash: -7.35% Traditional cash on cash: -2.11% Airbnb Rental Income: $2218 Traditional Rental Income: $2361 Airbnb ROI: -7.35% Traditional ROI: -2.11%
1427 34th Avenue SW #209 Altoona, IA Discover the stunning Elm plan on the 2nd floor of Altoona's Classic 55+ Community. This b...	2 beds \| 2 baths \| 1,314 sq.ft.	$139,500	Airbnb cash on cash: -7.29% Traditional cash on cash: -2.05% Airbnb Rental Income: $2218 Traditional Rental Income: $2361 Airbnb ROI: -7.29% Traditional ROI: -2.05%
1427 34th Avenue SW #210 Altoona, IA Welcome to the stunning Chestnut Floor Plan on the 2nd floor of Altoona's Classic 55+ Comm...	2 beds \| 2 baths \| 1,232 sq.ft.	$139,900	Airbnb cash on cash: -6.29% Traditional cash on cash: -1.17% Airbnb Rental Income: $2218 Traditional Rental Income: $2346 Airbnb ROI: -6.29% Traditional ROI: -1.17%
1427 34th Avenue SW #217 Altoona, IA Welcome to the Cedar floor plan in the beautiful Classic 55+ Community of Altoona! This th...	2 beds \| 2 baths \| 1,417 sq.ft.	$149,900	Airbnb cash on cash: -8.15% Traditional cash on cash: -2.77% Airbnb Rental Income: $2218 Traditional Rental Income: $2431 Airbnb ROI: -8.15% Traditional ROI: -2.77%
203 4th Street SE Altoona, IA This beautiful home offers almost 2,300 square feet of living space, 2 Bed, 2 Bath, featur...	2 beds \| 2 baths \| 2,295 sq.ft.	$253,900	Airbnb cash on cash: 3.91% Traditional cash on cash: 6.82% Airbnb Rental Income: $2218 Traditional Rental Income: $2357 Airbnb ROI: 3.91% Traditional ROI: 6.82%
2305 6th Street SW Altoona, IA Welcome to this charming ranch home, perfect for comfortable living. Featuring 4 comfortab...	4 beds \| 1 baths \| 904 sq.ft.	$264,900	Airbnb cash on cash: 7.52% Traditional cash on cash: 4.26% Airbnb Rental Income: $3354 Traditional Rental Income: $1793 Airbnb ROI: 7.52% Traditional ROI: 4.26%
2622 3rd Avenue SE Altoona, IA Berkey Homebuilders Inc. is proud to announce this new townhome on a daylight lot to hit t...	3 beds \| 3 baths \| 1,325 sq.ft.	$370,000	Airbnb cash on cash: 1.4% Traditional cash on cash: 3.33% Airbnb Rental Income: $2145 Traditional Rental Income: $2268 Airbnb ROI: 1.4% Traditional ROI: 3.33%
961 Robin Circle Altoona, IA Discover this 2-bedroom, 2-bath townhome that perfectly balances comfort and functionality...	2 beds \| 2 baths \| 1,174 sq.ft.	$225,000	Airbnb cash on cash: 3.5% Traditional cash on cash: 4.69% Airbnb Rental Income: $2218 Traditional Rental Income: $1913 Airbnb ROI: 3.5% Traditional ROI: 4.69%
305 19th Avenue SW Altoona, IA Charming and cozy 3-bedroom, 1.5-bath home with modern updates! Enjoy a brand-new kitchen ...	3 beds \| 2 baths \| 880 sq.ft.	$235,000	Airbnb cash on cash: 4.4% Traditional cash on cash: 5.61% Airbnb Rental Income: $2145 Traditional Rental Income: $1868 Airbnb ROI: 4.4% Traditional ROI: 5.61%
2010 2nd Avenue SE Altoona, IA Clean, clean, clean! All you have to do with this one is move in! You will immediately not...	3 beds \| 2 baths \| 1,874 sq.ft.	$315,000	Airbnb cash on cash: 2.66% Traditional cash on cash: 3.08% Airbnb Rental Income: $2145 Traditional Rental Income: $1721 Airbnb ROI: 2.66% Traditional ROI: 3.08%
2631 3rd Avenue SE Altoona, IA Berkey Homebuilders Inc. is proud to announce this new townhome on daylight lot to the mar...	3 beds \| 3 baths \| 1,364 sq.ft.	$370,000	Airbnb cash on cash: 1.4% Traditional cash on cash: 3.73% Airbnb Rental Income: $2145 Traditional Rental Income: $2408 Airbnb ROI: 1.4% Traditional ROI: 3.73%
311 41st Street SW Altoona, IA Destiny Homes presents the Briarwood II on a daylight lot that is fully sodded. The Briar...	4 beds \| 3 baths \| 2,006 sq.ft.	$408,700	Airbnb cash on cash: 3.96% Traditional cash on cash: 4.3% Airbnb Rental Income: $3354 Traditional Rental Income: $2739 Airbnb ROI: 3.96% Traditional ROI: 4.3%
207 12th Avenue NW Altoona, IA Welcome to Altoona! This spacious 4-bedroom home blends comfort with functionality. Highli...	4 beds \| 3 baths \| 1,272 sq.ft.	$275,000	Airbnb cash on cash: 7.21% Traditional cash on cash: 4.88% Airbnb Rental Income: $3354 Traditional Rental Income: $2002 Airbnb ROI: 7.21% Traditional ROI: 4.88%
2820 Pilgrim Drive SW Altoona, IA Discover turnkey perfection in Meadow Vista! This beautifully maintained 4-bedroom, 3-bath...	4 beds \| 3 baths \| 1,933 sq.ft.	$399,000	Airbnb cash on cash: 4.16% Traditional cash on cash: 3.24% Airbnb Rental Income: $3354 Traditional Rental Income: $2260 Airbnb ROI: 4.16% Traditional ROI: 3.24%
2101 4th Avenue SE Altoona, IA Welcome to this single-family home nestled in the serene and highly desirable Altoona neig...	3 beds \| 2 baths \| 1,502 sq.ft.	$299,900	Airbnb cash on cash: 2.72% Traditional cash on cash: 4.64% Airbnb Rental Income: $2145 Traditional Rental Income: $2140 Airbnb ROI: 2.72% Traditional ROI: 4.64%
733 17th Avenue SE Altoona, IA Welcome to the "Mark" at Boulder Creek Estates in Altoona, a stunning 5-bedroom home showc...	5 beds \| 3 baths \| 1,627 sq.ft.	$539,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.14% Airbnb Rental Income: $null Traditional Rental Income: $2495 Airbnb ROI: N/A Traditional ROI: 2.14%
1132 33rd Street SE Altoona, IA Destiny Homes presents the brand new ARIA in the Spring Creek Ridge development. This ARI...	5 beds \| 4 baths \| 2,628 sq.ft.	$464,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.67% Airbnb Rental Income: $null Traditional Rental Income: $3453 Airbnb ROI: N/A Traditional ROI: 6.67%
8720 NE 46th Avenue Altoona, IA Built in 1910, this charming 3 bedroom, 3 bath acreage in Altoona presents an incredible ...	3 beds \| 3 baths \| 2,132 sq.ft.	$415,000	Airbnb cash on cash: 1.96% Traditional cash on cash: 5.24% Airbnb Rental Income: $2145 Traditional Rental Income: $2874 Airbnb ROI: 1.96% Traditional ROI: 5.24%
1511 Boulder Creek Court SE Altoona, IA Nestled on a sought-after 1/3-acre cul-de-sac lot in Altoona's Boulder Creek Estates, this...	5 beds \| 3 baths \| 1,857 sq.ft.	$649,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.63% Airbnb Rental Income: $null Traditional Rental Income: $2663 Airbnb ROI: N/A Traditional ROI: 1.63%
2703 22nd Street SW Altoona, IA MOVE IN READY! UTOUR is available on this home for you to tour on your own, on your schedu...	3 beds \| 3 baths \| 1,428 sq.ft.	$320,000	Airbnb cash on cash: 2.45% Traditional cash on cash: 4.54% Airbnb Rental Income: $2145 Traditional Rental Income: $2227 Airbnb ROI: 2.45% Traditional ROI: 4.54%
1411 6th Street SE Altoona, IA Introducing the Cleo, an elegant ranch design by Kimberley Development in Altoona's sought...	5 beds \| 3 baths \| 1,531 sq.ft.	$465,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.77% Airbnb Rental Income: $null Traditional Rental Income: $2496 Airbnb ROI: N/A Traditional ROI: 3.77%
1938 Tuscany Drive SE Altoona, IA Step inside this Gladiator Home, where every detail reigns supreme. The Gemini 1387 is a m...	3 beds \| 2 baths \| 1,387 sq.ft.	$354,900	Airbnb cash on cash: 1.88% Traditional cash on cash: 3.52% Airbnb Rental Income: $2145 Traditional Rental Income: $2147 Airbnb ROI: 1.88% Traditional ROI: 3.52%
1641 20th Avenue SE Altoona, IA Step inside this Gladiator Home, where every detail reigns supreme. The Turbo 1773 is a mo...	4 beds \| 3 baths \| 1,773 sq.ft.	$389,900	Airbnb cash on cash: 4.98% Traditional cash on cash: 4.71% Airbnb Rental Income: $3354 Traditional Rental Income: $2507 Airbnb ROI: 4.98% Traditional ROI: 4.71%
3232 13th Avenue SE Altoona, IA Welcome to Spring Creek Estates and this one owner custom built by Stubbs Homes & nestled ...	3 beds \| 3 baths \| 1,820 sq.ft.	$634,500	Airbnb cash on cash: 0.48% Traditional cash on cash: 2.02% Airbnb Rental Income: $2145 Traditional Rental Income: $2508 Airbnb ROI: 0.48% Traditional ROI: 2.02%
2702 3rd Avenue SE Altoona, IA Berkey Homebuilders Inc. is proud to announce this new townhome on a daylight lot to hit t...	3 beds \| 3 baths \| 1,364 sq.ft.	$370,000	Airbnb cash on cash: 1.4% Traditional cash on cash: 3.39% Airbnb Rental Income: $2145 Traditional Rental Income: $2291 Airbnb ROI: 1.4% Traditional ROI: 3.39%
400 4th Street SE Altoona, IA The builder who rehabbed this home is dedicated to beautifying neighborhoods. Not only did...	3 beds \| 2 baths \| 1,804 sq.ft.	$347,000	Airbnb cash on cash: 2.7% Traditional cash on cash: 4.92% Airbnb Rental Income: $2145 Traditional Rental Income: $2321 Airbnb ROI: 2.7% Traditional ROI: 4.92%
423 43rd Street SW Altoona, IA $5,000 Buyer Incentive to be used on Appliances or Closing Costs on this finished home. De...	2 beds \| 2 baths \| 1,182 sq.ft.	$307,500	Airbnb cash on cash: 4.33% Traditional cash on cash: 5.95% Airbnb Rental Income: $2218 Traditional Rental Income: $2129 Airbnb ROI: 4.33% Traditional ROI: 5.95%

Real Estate investment in Altoona, IA

There are 104 properties for sale in the city of Altoona . The median list price in Altoona is $337,450 and the average price per square foot is $230. In December 2024, the average monthly cash on cash return in Altoona is 4.00%. The average monthly rental income in Altoona is $2,280.

Altoona, IA Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 104 investment properties available for sale in Altoona.

In 2024, the best neighborhood to buy investment property is Altoona.

The ROI for Long-Term is higher than the Short-Term in Altoona with average rental income of $2,280.

Your search for investment property begins and ends here

Investment Property for Sale in Altoona, IA

1215 10th Avenue SE

Altoona, IA

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

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%

2205 2nd Street SW

Altoona, IA

3 beds | 2 baths | 1,136 sq.ft.

$240,000

Airbnb cash on cash: 4.22%

Traditional cash on cash: 5.8%

Airbnb Rental Income: $2145

Traditional Rental Income: $1958

Airbnb ROI: 4.22%

Traditional ROI: 5.8%

1538 Prairie Court

Altoona, IA

2 beds | 2 baths | 1,048 sq.ft.

$228,000

Airbnb cash on cash: 3.34%

Traditional cash on cash: 4.35%

Airbnb Rental Income: $2218

Traditional Rental Income: $1878

Airbnb ROI: 3.34%

Traditional ROI: 4.35%

612 12th Avenue NW

Altoona, IA

2 beds | 1 baths | 901 sq.ft.

$211,200

Airbnb cash on cash: 5.28%

Traditional cash on cash: 1.86%

Airbnb Rental Income: $2218

Traditional Rental Income: $974

Airbnb ROI: 5.28%

Traditional ROI: 1.86%

107 10th Avenue SW

Altoona, IA

3 beds | 2 baths | 853 sq.ft.

$265,000

Airbnb cash on cash: 3.6%

Traditional cash on cash: 4.43%

Airbnb Rental Income: $2145

Traditional Rental Income: $1806

Airbnb ROI: 3.6%

Traditional ROI: 4.43%

1613 17th Street SE

Altoona, IA

4 beds | 3 baths | 1,430 sq.ft.

$373,500

Airbnb cash on cash: 4.89%

Traditional cash on cash: 4.23%

Airbnb Rental Income: $3354

Traditional Rental Income: $2376

Airbnb ROI: 4.89%

Traditional ROI: 4.23%

2206 4th Street SW

Altoona, IA

4 beds | 2 baths | 1,416 sq.ft.

$299,900

Airbnb cash on cash: 6.38%

Traditional cash on cash: 4.85%

Airbnb Rental Income: $3354

Traditional Rental Income: $2173

Airbnb ROI: 6.38%