Real Estate Investment Properties for Sale in Ames, IA

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
4121 Cochrane Parkway Ames, IA Discover this beautiful executive home, offering over 2,500 square feet of elegant living ...	4 beds \| 3 baths \| 2,518 sq.ft.	$499,000	Airbnb cash on cash: 3.48% Traditional cash on cash: 4.12% Airbnb Rental Income: $3571 Traditional Rental Income: $3084 Airbnb ROI: 3.48% Traditional ROI: 4.12%
3324 Jewel Drive Ames, IA Welcome to 3324 Jewel Drive, a two-story home that combines comfort, convenience, and beau...	4 beds \| 4 baths \| 1,502 sq.ft.	$264,000	Airbnb cash on cash: 8.6% Traditional cash on cash: 8.12% Airbnb Rental Income: $3571 Traditional Rental Income: $2667 Airbnb ROI: 8.6% Traditional ROI: 8.12%
2344 Hilton Court Ames, IA Bright and Airy! This bright and newly updated townhome has something for everyone. $2,273...	3 beds \| 3 baths \| 1,333 sq.ft.	$286,000	Airbnb cash on cash: -5.18% Traditional cash on cash: -4% Airbnb Rental Income: $2513 Traditional Rental Income: $2224 Airbnb ROI: -5.18% Traditional ROI: -4%
3722-3724 Ross Road Ames, IA Well maintained Duplex in Ames. Unit 1 has 2 bedrooms and 1 bath and unit 2 has 3 bedrooms...	N/A beds \| N/A baths \| N/A	$300,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.85% Airbnb Rental Income: $null Traditional Rental Income: $1157 Airbnb ROI: N/A Traditional ROI: 1.85%
4207 Harris Street Ames, IA Welcome to this well maintained home on a quiet cul-de-sac with Christopher Gartner Park i...	4 beds \| 2 baths \| 1,144 sq.ft.	$270,000	Airbnb cash on cash: 8.18% Traditional cash on cash: 5.95% Airbnb Rental Income: $3571 Traditional Rental Income: $2217 Airbnb ROI: 8.18% Traditional ROI: 5.95%
3728 Ross Road Ames, IA This 3 bedroom and 2 bathroom home is located on a spacious corner lot. With a kitchen on ...	2 beds \| 2 baths \| 811 sq.ft.	$234,900	Airbnb cash on cash: 2.88% Traditional cash on cash: 5.95% Airbnb Rental Income: $1656 Traditional Rental Income: $1873 Airbnb ROI: 2.88% Traditional ROI: 5.95%
122 Howard Avenue Ames, IA 3 bedroom, 2 bathroom rental. Located just west of ISU Campus. Makes for a fantastic renta...	3 beds \| 2 baths \| 1,097 sq.ft.	$249,900	Airbnb cash on cash: 5.64% Traditional cash on cash: 5.73% Airbnb Rental Income: $2513 Traditional Rental Income: $1927 Airbnb ROI: 5.64% Traditional ROI: 5.73%
2342 Hilton Court Ames, IA Welcome to this lovely townhome in the Green Hills 55+ community. Enjoy one level living i...	2 beds \| 2 baths \| 1,293 sq.ft.	$244,500	Airbnb cash on cash: -6.64% Traditional cash on cash: -3.42% Airbnb Rental Income: $1656 Traditional Rental Income: $1935 Airbnb ROI: -6.64% Traditional ROI: -3.42%
415 Stanton Avenue #104 Ames, IA Welcome to this luxury 1 bedroom/1 bathroom condo in the Crawford, a beautifully restored ...	1 beds \| 1 baths \| 837 sq.ft.	$239,900	Airbnb cash on cash: 1.88% Traditional cash on cash: 5.48% Airbnb Rental Income: $1728 Traditional Rental Income: $2069 Airbnb ROI: 1.88% Traditional ROI: 5.48%
2934 Green Hills Drive Ames, IA Come and take a look at this wonderful single family home with beautifully finished spaces...	3 beds \| 3 baths \| 2,616 sq.ft.	$695,000	Airbnb cash on cash: -0.04% Traditional cash on cash: 0.92% Airbnb Rental Income: $2513 Traditional Rental Income: $2526 Airbnb ROI: -0.04% Traditional ROI: 0.92%
2853 Torrey Pines Road Ames, IA This solid ranch home, built in the 70s, has been updated with a new roof, siding, and ext...	3 beds \| 2 baths \| 1,810 sq.ft.	$374,900	Airbnb cash on cash: 2.97% Traditional cash on cash: 4.41% Airbnb Rental Income: $2513 Traditional Rental Income: $2415 Airbnb ROI: 2.97% Traditional ROI: 4.41%
1811 Ledges Drive Ames, IA Don't miss this opportunity for quality at a price you won't find again! Known for quality...	4 beds \| 3 baths \| 1,653 sq.ft.	$589,000	Airbnb cash on cash: 2.28% Traditional cash on cash: 2.21% Airbnb Rental Income: $3571 Traditional Rental Income: $2748 Airbnb ROI: 2.28% Traditional ROI: 2.21%
5716 McFarland Avenue Ames, IA Come see this QUALITY Star Homes executive ranch in Quarry Estates. With only a short walk...	5 beds \| 3 baths \| 1,908 sq.ft.	$699,000	Airbnb cash on cash: 3.24% Traditional cash on cash: 2.57% Airbnb Rental Income: $4139 Traditional Rental Income: $2824 Airbnb ROI: 3.24% Traditional ROI: 2.57%
2101 Kellogg Avenue Ames, IA Nestled in the heart of North Ames, just a stone's throw away from Meeker Elementary Schoo...	3 beds \| 2 baths \| 1,202 sq.ft.	$290,000	Airbnb cash on cash: 4.56% Traditional cash on cash: 5.23% Airbnb Rental Income: $2513 Traditional Rental Income: $2087 Airbnb ROI: 4.56% Traditional ROI: 5.23%
1306 Wisconsin Circle Ames, IA Welcome home! Nestled on a cul-de-sac. This spacious 3-bedroom, 2-bathroom home offers ov...	3 beds \| 2 baths \| 1,149 sq.ft.	$274,900	Airbnb cash on cash: 4.57% Traditional cash on cash: 1.45% Airbnb Rental Income: $2513 Traditional Rental Income: $1099 Airbnb ROI: 4.57% Traditional ROI: 1.45%
5020 Emerson Drive Ames, IA Great investment home in West Ames. 3 bed/2 bath, great lot with excellent access to univ...	3 beds \| 2 baths \| 1,040 sq.ft.	$249,900	Airbnb cash on cash: 5.43% Traditional cash on cash: 3.6% Airbnb Rental Income: $2513 Traditional Rental Income: $1474 Airbnb ROI: 5.43% Traditional ROI: 3.6%
412 Faulkner Court Ames, IA Nice 2 bedroom 1 bath condo in West Ames, close to schools, shopping and Cyride. Easy asse...	2 beds \| 1 baths \| 955 sq.ft.	$159,990	Airbnb cash on cash: 3.93% Traditional cash on cash: 6.08% Airbnb Rental Income: $1656 Traditional Rental Income: $1520 Airbnb ROI: 3.93% Traditional ROI: 6.08%
2105 Lacey Drive Ames, IA FALL SPECIAL! Price just reduced to $362,400 and refrigerator now included! New luxury t...	3 beds \| 3 baths \| 1,814 sq.ft.	$362,400	Airbnb cash on cash: 2.12% Traditional cash on cash: 3.96% Airbnb Rental Income: $2513 Traditional Rental Income: $2530 Airbnb ROI: 2.12% Traditional ROI: 3.96%
2363 Hamilton Circle Ames, IA A beautiful Ames location nestled in the heart of the Green Hills Retirement Community! Th...	4 beds \| 3 baths \| 1,923 sq.ft.	$330,000	Airbnb cash on cash: -2.64% Traditional cash on cash: -3.14% Airbnb Rental Income: $3571 Traditional Rental Income: $2632 Airbnb ROI: -2.64% Traditional ROI: -3.14%
4311 Ontario Street Ames, IA Fully Rented 4-Plex in Prime West Ames LocationThis fully rented 4-plex in West Ames is a ...	N/A beds \| N/A baths \| N/A	$405,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.76% Airbnb Rental Income: $null Traditional Rental Income: $1111 Airbnb ROI: N/A Traditional ROI: 0.76%
50061 Prairie Point Court Ames, IA Enjoy this beautiful new build by Willis Custom Homes. Plenty of room for everyone with th...	5 beds \| 4 baths \| 2,548 sq.ft.	$897,000	Airbnb cash on cash: 1.15% Traditional cash on cash: 1.48% Airbnb Rental Income: $4139 Traditional Rental Income: $3531 Airbnb ROI: 1.15% Traditional ROI: 1.48%
2105 Ketelsen Drive Ames, IA Welcome to this exquisite ranch home custom built by Graystone Companies, where every deta...	4 beds \| 3 baths \| 1,807 sq.ft.	$719,900	Airbnb cash on cash: 1.4% Traditional cash on cash: 1.26% Airbnb Rental Income: $3571 Traditional Rental Income: $2691 Airbnb ROI: 1.4% Traditional ROI: 1.26%
3425 Coy Street Ames, IA Affordable ranch-style home in Ames with great potential! This property features 660 squar...	3 beds \| 1 baths \| 660 sq.ft.	$182,500	Airbnb cash on cash: 8.67% Traditional cash on cash: 7.04% Airbnb Rental Income: $2513 Traditional Rental Income: $1623 Airbnb ROI: 8.67% Traditional ROI: 7.04%
2111 Ketelsen Drive Ames, IA NO STEPS zero entry with space for the whole family, this home has everything you need to ...	4 beds \| 3 baths \| 1,646 sq.ft.	$700,000	Airbnb cash on cash: 1.52% Traditional cash on cash: 1.25% Airbnb Rental Income: $3571 Traditional Rental Income: $2612 Airbnb ROI: 1.52% Traditional ROI: 1.25%
5373 Cobblestone Court Ames, IA Step into a world of elegance and modern comfort with this exquisite 5-bedroom, 3.5-bathro...	5 beds \| 4 baths \| 2,973 sq.ft.	$1,350,000	Airbnb cash on cash: 1.36% Traditional cash on cash: 1.73% Airbnb Rental Income: $4139 Traditional Rental Income: $3724 Airbnb ROI: 1.36% Traditional ROI: 1.73%
2123 Ada Hayden Road Ames, IA Welcome to 2123 Ada Hayden, a stunning residence nestled in the desirable Quarry Estates n...	5 beds \| 3 baths \| 1,909 sq.ft.	$735,000	Airbnb cash on cash: 2.01% Traditional cash on cash: 1.38% Airbnb Rental Income: $4139 Traditional Rental Income: $2824 Airbnb ROI: 2.01% Traditional ROI: 1.38%
4535 513th Avenue Ames, IA Here's your chance to earn a little sweat equity! On nearly an acre of land in an establi...	4 beds \| 3 baths \| 2,162 sq.ft.	$310,000	Airbnb cash on cash: 6.95% Traditional cash on cash: 7.15% Airbnb Rental Income: $3571 Traditional Rental Income: $2844 Airbnb ROI: 6.95% Traditional ROI: 7.15%
2420 Hamilton Drive Ames, IA Everything and more! Are you ready to make Green Hills your home? This townhome is the ans...	2 beds \| 3 baths \| 1,333 sq.ft.	$310,000	Airbnb cash on cash: -7.32% Traditional cash on cash: -4.04% Airbnb Rental Income: $1656 Traditional Rental Income: $2146 Airbnb ROI: -7.32% Traditional ROI: -4.04%
50054 Prairie Point Ct Ames, IA New Construction Ranch home is situated on a spacious lot in a peaceful cul-de-sac with ba...	5 beds \| 3 baths \| 2,146 sq.ft.	$849,500	Airbnb cash on cash: 1.36% Traditional cash on cash: 1.43% Airbnb Rental Income: $4139 Traditional Rental Income: $3316 Airbnb ROI: 1.36% Traditional ROI: 1.43%
627 8th Street Ames, IA Nice central Ames's location, Steel siding, updated HVAC and roof. Range and W/D included.	2 beds \| 1 baths \| 1,342 sq.ft.	$159,900	Airbnb cash on cash: 4.62% Traditional cash on cash: 7.26% Airbnb Rental Income: $1656 Traditional Rental Income: $1594 Airbnb ROI: 4.62% Traditional ROI: 7.26%
2010 Aikman Drive Ames, IA Looking for an indulgent lifestyle? Hayden's Ridge Goldfinch Townhome offers high quality ...	3 beds \| 2 baths \| 1,627 sq.ft.	$419,900	Airbnb cash on cash: 1.49% Traditional cash on cash: 2.6% Airbnb Rental Income: $2513 Traditional Rental Income: $2344 Airbnb ROI: 1.49% Traditional ROI: 2.6%
513 Garden Road Ames, IA This renovated duplex, located on the south side of Ames, presents an outstanding investme...	6 beds \| 4 baths \| 1,728 sq.ft.	$387,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.94% Airbnb Rental Income: $null Traditional Rental Income: $2950 Airbnb ROI: N/A Traditional ROI: 5.94%
2216 Suncrest Dr Ames, IA Welcome home to the beautiful Portico floorplan located in Domani Courtyards. This meticul...	3 beds \| 3 baths \| 2,587 sq.ft.	$719,950	Airbnb cash on cash: 0.53% Traditional cash on cash: 1.27% Airbnb Rental Income: $2513 Traditional Rental Income: $2402 Airbnb ROI: 0.53% Traditional ROI: 1.27%
1219 Wisconsin Avenue Ames, IA This home is large and in charge! It has a modern, open living room/kitchen floorplan insi...	5 beds \| 4 baths \| 2,796 sq.ft.	$399,000	Airbnb cash on cash: 6.31% Traditional cash on cash: 7.6% Airbnb Rental Income: $4139 Traditional Rental Income: $3743 Airbnb ROI: 6.31% Traditional ROI: 7.6%
5315 Tabor Drive Ames, IA One level living for all lifestyles in the Sunset Ridge neighborhood. This one owner HCS c...	4 beds \| 3 baths \| 1,635 sq.ft.	$429,000	Airbnb cash on cash: 4.37% Traditional cash on cash: 3.6% Airbnb Rental Income: $3571 Traditional Rental Income: $2477 Airbnb ROI: 4.37% Traditional ROI: 3.6%
320 Hartford Drive Ames, IA Welcome to 320 Hartford Drive, a beautiful 5-bedroom, 4-bathroom 2-story home in West Ames...	5 beds \| 4 baths \| 1,962 sq.ft.	$505,000	Airbnb cash on cash: 4.46% Traditional cash on cash: 4.34% Airbnb Rental Income: $4139 Traditional Rental Income: $3204 Airbnb ROI: 4.46% Traditional ROI: 4.34%
319 S Franklin Avenue Ames, IA Affordable ranch-style home in a convenient Ames location! This 2-bedroom, 1-bathroom prop...	2 beds \| 1 baths \| 917 sq.ft.	$182,500	Airbnb cash on cash: 3.87% Traditional cash on cash: 6.3% Airbnb Rental Income: $1656 Traditional Rental Income: $1613 Airbnb ROI: 3.87% Traditional ROI: 6.3%
1302 Maxwell Avenue Ames, IA Welcome to your ideal Ames home! Nestled just a short drive from vibrant Campustown, this ...	3 beds \| 1 baths \| 925 sq.ft.	$190,000	Airbnb cash on cash: 8.09% Traditional cash on cash: 7.14% Airbnb Rental Income: $2513 Traditional Rental Income: $1735 Airbnb ROI: 8.09% Traditional ROI: 7.14%
25331 SAND HILL TRL Ames, IA Large acreage with storage barn only 5 mins from Ames. This home his huge and is completel...	5 beds \| 4 baths \| 2,391 sq.ft.	$484,900	Airbnb cash on cash: 4.87% Traditional cash on cash: 4.66% Airbnb Rental Income: $4139 Traditional Rental Income: $3165 Airbnb ROI: 4.87% Traditional ROI: 4.66%
1401 Ada Hayden Road Ames, IA Welcome to this stunning new construction home by Tasteful Homes, located in the desirable...	5 beds \| 4 baths \| 2,003 sq.ft.	$809,900	Airbnb cash on cash: 2.99% Traditional cash on cash: 3.11% Airbnb Rental Income: $4139 Traditional Rental Income: $3348 Airbnb ROI: 2.99% Traditional ROI: 3.11%

Real Estate investment in Ames, IA

There are 57 properties for sale in the city of Ames . The median list price in Ames is $349,750 and the average price per square foot is $223. In December 2024, the average monthly cash on cash return in Ames is 4.00%. The average monthly rental income in Ames is $2,363.

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

There are 57 investment properties available for sale in Ames.

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

The ROI for Long-Term is higher than the Short-Term in Ames with average rental income of $2,363.

Your search for investment property begins and ends here

Investment Property for Sale in Ames, IA

4121 Cochrane Parkway

Ames, IA

4 beds | 3 baths | 2,518 sq.ft.

$499,000

Airbnb cash on cash: 3.48%

Traditional cash on cash: 4.12%

Airbnb Rental Income: $3571

Traditional Rental Income: $3084

Airbnb ROI: 3.48%

Traditional ROI: 4.12%

3324 Jewel Drive

Ames, IA

4 beds | 4 baths | 1,502 sq.ft.

$264,000

Airbnb cash on cash: 8.6%

Traditional cash on cash: 8.12%

Airbnb Rental Income: $3571

Traditional Rental Income: $2667

Airbnb ROI: 8.6%

Traditional ROI: 8.12%

2344 Hilton Court

Ames, IA

3 beds | 3 baths | 1,333 sq.ft.

$286,000

Airbnb cash on cash: -5.18%

Traditional cash on cash: -4%

Airbnb Rental Income: $2513

Traditional Rental Income: $2224

Airbnb ROI: -5.18%

Traditional ROI: -4%

3722-3724 Ross Road

Ames, IA

N/A beds | N/A baths | N/A

$300,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.85%

Airbnb Rental Income: $null

Traditional Rental Income: $1157

Airbnb ROI: N/A

Traditional ROI: 1.85%

4207 Harris Street

Ames, IA

4 beds | 2 baths | 1,144 sq.ft.

$270,000

Airbnb cash on cash: 8.18%

Traditional cash on cash: 5.95%

Airbnb Rental Income: $3571

Traditional Rental Income: $2217

Airbnb ROI: 8.18%

Traditional ROI: 5.95%

3728 Ross Road

Ames, IA

2 beds | 2 baths | 811 sq.ft.

$234,900

Airbnb cash on cash: 2.88%

Traditional cash on cash: 5.95%

Airbnb Rental Income: $1656

Traditional Rental Income: $1873

Airbnb ROI: 2.88%

Traditional ROI: 5.95%

122 Howard Avenue

Ames, IA

3 beds | 2 baths | 1,097 sq.ft.

$249,900

Airbnb cash on cash: 5.64%

Traditional cash on cash: 5.73%

Airbnb Rental Income: $2513

Traditional Rental Income: $1927

Airbnb ROI: 5.64%

Traditional ROI: 5.73%

2342 Hilton Court

Ames, IA

2 beds | 2 baths | 1,293 sq.ft.

$244,500

Airbnb cash on cash: -6.64%

Traditional cash on cash: -3.42%

Airbnb Rental Income: $1656

Traditional Rental Income: $1935

Airbnb ROI: -6.64%