Real Estate Investment Properties for Sale in Boone, IA

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
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: 2.98% Traditional cash on cash: 4.15% Airbnb Rental Income: $1166 Traditional Rental Income: $924 Airbnb ROI: 2.98% Traditional ROI: 4.15%
1605 5th Street Boone, IA Welcome to 1605 5th St, a delightful 2-bedroom, 1-bathroom home that perfectly blends comf...	2 beds \| 1 baths \| 830 sq.ft.	$149,900	Airbnb cash on cash: 2.41% Traditional cash on cash: 8.89% Airbnb Rental Income: $1166 Traditional Rental Income: $1712 Airbnb ROI: 2.41% Traditional ROI: 8.89%
204 Tama Street Boone, IA Don't miss this large updated home in the heart of Boone! Sitting on a corner lot, there ...	3 beds \| 3 baths \| 1,698 sq.ft.	$215,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.15% Airbnb Rental Income: $null Traditional Rental Income: $2518 Airbnb ROI: N/A Traditional ROI: 9.15%
240 S Story Street Boone, IA Remodeled in 2016, this 1485 SQ FT open floor plan greets you with a cute mudroom and a la...	3 beds \| 1 baths \| 1,485 sq.ft.	$187,500	Airbnb cash on cash: N/A Traditional cash on cash: 6.74% Airbnb Rental Income: $null Traditional Rental Income: $1799 Airbnb ROI: N/A Traditional ROI: 6.74%
1719 3rd Street Boone, IA Cute ranch home in a quiet neighborhood with lots of great updates. This home features 3 b...	3 beds \| 1 baths \| 1,465 sq.ft.	$219,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.57% Airbnb Rental Income: $null Traditional Rental Income: $1760 Airbnb ROI: N/A Traditional ROI: 5.57%
202 10th Street Boone, IA Facelift! This adorable bungalow is move-in ready! Now has a 3rd bedroom making it perfect...	3 beds \| 1 baths \| 762 sq.ft.	$129,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.12% Airbnb Rental Income: $null Traditional Rental Income: $1484 Airbnb ROI: N/A Traditional ROI: 9.12%
515 Division Street Boone, IA newer plumbing, W/heater, radiant heat was converted to a new furnace and C/A. newer wind...	3 beds \| 2 baths \| 1,560 sq.ft.	$160,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.44% Airbnb Rental Income: $null Traditional Rental Income: $1533 Airbnb ROI: N/A Traditional ROI: 6.44%
1103 Linn Street Boone, IA Adorable is the best way to describe this classic, 3 bedroom, 1 bath, 1474 sf, 2 story hom...	3 beds \| 1 baths \| 1,474 sq.ft.	$224,500	Airbnb cash on cash: N/A Traditional cash on cash: 5.95% Airbnb Rental Income: $null Traditional Rental Income: $1824 Airbnb ROI: N/A Traditional ROI: 5.95%
1857 165th Place Boone, IA Welcome to 1857 165th Place, Boone...a place to call ''YOUR SLICE OF HEAVEN and on a hard-...	4 beds \| 3 baths \| 1,641 sq.ft.	$554,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.8% Airbnb Rental Income: $null Traditional Rental Income: $2511 Airbnb ROI: N/A Traditional ROI: 2.8%
434 Mamie Eisenhower Avenue Boone, IA This home is much bigger than it looks and worth a look! It has a 3 car heated garage! Bea...	3 beds \| 2 baths \| 2,011 sq.ft.	$240,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.31% Airbnb Rental Income: $null Traditional Rental Income: $2549 Airbnb ROI: N/A Traditional ROI: 8.31%
721 13th Street Boone, IA Welcome to this charming 4-bedroom, 1-bathroom home that combines comfort and modern effic...	3 beds \| 1 baths \| 1,375 sq.ft.	$159,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.95% Airbnb Rental Income: $null Traditional Rental Income: $1818 Airbnb ROI: N/A Traditional ROI: 8.95%
215 Linn Street Boone, IA CALLING ALL INVESTORS!!! This 2-family property would be a gem to add to your portfolio. T...	4 beds \| 2 baths \| 1,916 sq.ft.	$199,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.01% Airbnb Rental Income: $null Traditional Rental Income: $2356 Airbnb ROI: N/A Traditional ROI: 10.01%
217 W 5TH ST Boone, IA Invest with success and buy through Auction.com. This bank-owned investment property is a ...	2 beds \| 1 baths \| 1,088 sq.ft.	$143,000	Airbnb cash on cash: 2.69% Traditional cash on cash: 9% Airbnb Rental Income: $1166 Traditional Rental Income: $1648 Airbnb ROI: 2.69% Traditional ROI: 9%
120 Destiny Drive Boone, IA Here is your opportunity for an affordable almost-new home! Located backing up to Boone's...	3 beds \| 3 baths \| 1,344 sq.ft.	$275,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.69% Airbnb Rental Income: $null Traditional Rental Income: $2276 Airbnb ROI: N/A Traditional ROI: 5.69%
1627 Story Street Boone, IA This is a Delayed Showing. Home cannot be shown until Wednesday November 20, 2024. Seller ...	4 beds \| 2 baths \| 1,521 sq.ft.	$289,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.08% Airbnb Rental Income: $null Traditional Rental Income: $1507 Airbnb ROI: N/A Traditional ROI: 3.08%
982 Lamb Lane Boone, IA Looking for an acreage with a large Morton building for storage or tinkering with projects...	2 beds \| 2 baths \| 1,344 sq.ft.	$279,900	Airbnb cash on cash: 0.96% Traditional cash on cash: 5.67% Airbnb Rental Income: $1166 Traditional Rental Income: $2024 Airbnb ROI: 0.96% Traditional ROI: 5.67%
102 T Avenue Boone, IA Enjoy country living in this rare find 4 bedroom 2 bath ranch home on over 5 acres. Just 2...	4 beds \| 2 baths \| 1,240 sq.ft.	$397,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.05% Airbnb Rental Income: $null Traditional Rental Income: $1568 Airbnb ROI: N/A Traditional ROI: 2.05%
982 LAMB LN Boone, IA Looking for an acreage with a large Morton building for storage or tinkering with projects...	2 beds \| 1 baths \| 1,344 sq.ft.	$279,900	Airbnb cash on cash: 0.07% Traditional cash on cash: 2.93% Airbnb Rental Income: $1166 Traditional Rental Income: $1539 Airbnb ROI: 0.07% Traditional ROI: 2.93%
428 Crawford Street Boone, IA Fall in love with this gorgeous home full of old world character & charm! This historic 2...	3 beds \| 2 baths \| 1,482 sq.ft.	$179,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.52% Airbnb Rental Income: $null Traditional Rental Income: $1568 Airbnb ROI: N/A Traditional ROI: 6.52%
1534 5th Street Boone, IA Welcome to 1534 5th St, a nicely updated 2-bedroom home in the heart of Boone, Iowa. This ...	2 beds \| 2 baths \| 1,176 sq.ft.	$155,000	Airbnb cash on cash: 2.36% Traditional cash on cash: 6.47% Airbnb Rental Income: $1166 Traditional Rental Income: $1392 Airbnb ROI: 2.36% Traditional ROI: 6.47%
1009 Mamie Eisenhower Avenue Boone, IA The home has been completely remodeled. New floors, new walls, 3 bathrooms 4 bedroom new r...	4 beds \| 3 baths \| 1,596 sq.ft.	$210,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.84% Airbnb Rental Income: $null Traditional Rental Income: $2362 Airbnb ROI: N/A Traditional ROI: 9.84%
408 S Story Street Boone, IA This property is not a 'drive by'. You must get into the property to appreciate all that ...	4 beds \| 2 baths \| 2,144 sq.ft.	$375,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.72% Airbnb Rental Income: $null Traditional Rental Income: $2571 Airbnb ROI: N/A Traditional ROI: 4.72%
103 Destiny Drive Boone, IA Welcome to this stunning, like-new construction home with over 2,500 finished square feet ...	5 beds \| 4 baths \| 1,965 sq.ft.	$367,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.61% Airbnb Rental Income: $null Traditional Rental Income: $3178 Airbnb ROI: N/A Traditional ROI: 6.61%
1112 W 4th Street Boone, IA Affordable New Construction Ranch Home on Full Sized Lot! Open floorplan with 9' ceilings...	2 beds \| 2 baths \| 1,117 sq.ft.	$285,000	Airbnb cash on cash: 1.49% Traditional cash on cash: 6.42% Airbnb Rental Income: $1166 Traditional Rental Income: $2107 Airbnb ROI: 1.49% Traditional ROI: 6.42%
1116 Harrison Street Boone, IA Multi family home in Boone neighborhood. This home features 2 bedrooms 1 bath in the lower...	2 beds \| 3 baths \| 1,742 sq.ft.	$189,900	Airbnb cash on cash: N/A Traditional cash on cash: 10% Airbnb Rental Income: $null Traditional Rental Income: $2258 Airbnb ROI: N/A Traditional ROI: 10%
714 Ringold Street Boone, IA Construction still in progress, estimated completion February 2025. Welcome to this unique...	4 beds \| 3 baths \| 1,331 sq.ft.	$349,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.45% Airbnb Rental Income: $null Traditional Rental Income: $2346 Airbnb ROI: N/A Traditional ROI: 5.45%
716 Ringold Street Boone, IA Construction still in progress. Expected date of completion February 2025.Welcome to this ...	4 beds \| 3 baths \| 1,331 sq.ft.	$349,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.45% Airbnb Rental Income: $null Traditional Rental Income: $2346 Airbnb ROI: N/A Traditional ROI: 5.45%
620-622 Second Street Boone, IA This is a duplex, there is no basement and the furnace were replaced m West-2023 and East ...	2 beds \| 1 baths \| 1,496 sq.ft.	$159,900	Airbnb cash on cash: 2.28% Traditional cash on cash: 7.7% Airbnb Rental Income: $1166 Traditional Rental Income: $1611 Airbnb ROI: 2.28% Traditional ROI: 7.7%
1050 L Avenue Boone, IA Attention hunters and outdoor enthusiasts! This beautiful property offers timber, pasture,...	5 beds \| 3 baths \| 2,448 sq.ft.	$549,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.32% Airbnb Rental Income: $null Traditional Rental Income: $3203 Airbnb ROI: N/A Traditional ROI: 4.32%
1519 14th Street Boone, IA The sweetest house curb appeal tucked back in a nice quiet neighborhood on a large 1/4 acr...	2 beds \| 1 baths \| 1,048 sq.ft.	$170,000	Airbnb cash on cash: 1.79% Traditional cash on cash: 6.7% Airbnb Rental Income: $1166 Traditional Rental Income: $1579 Airbnb ROI: 1.79% Traditional ROI: 6.7%
109 Cedar Street Boone, IA This home is one you need to see to appreciate all it has to offer Nearly everything is ne...	3 beds \| 2 baths \| 916 sq.ft.	$300,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.09% Airbnb Rental Income: $null Traditional Rental Income: $1976 Airbnb ROI: N/A Traditional ROI: 5.09%
1122 Mamie Eisenhower Avenue Boone, IA NEW ROOF! This charming home blends timeless character with modern updates. The original f...	4 beds \| 2 baths \| 1,924 sq.ft.	$225,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.04% Airbnb Rental Income: $null Traditional Rental Income: $2491 Airbnb ROI: N/A Traditional ROI: 9.04%
910 14 Street Boone, IA Welcome to this beautifully renovated home! This Charming property features 3 bedrooms and...	3 beds \| 2 baths \| 1,472 sq.ft.	$179,900	Airbnb cash on cash: N/A Traditional cash on cash: 10.36% Airbnb Rental Income: $null Traditional Rental Income: $2189 Airbnb ROI: N/A Traditional ROI: 10.36%
522 Greene Street Boone, IA The house has been completely remodeled. 2 kitchens one up and the other downNew deck. Y...	1 beds \| 2 baths \| 520 sq.ft.	$144,900	Airbnb cash on cash: 1.06% Traditional cash on cash: 8.35% Airbnb Rental Income: $756 Traditional Rental Income: $1454 Airbnb ROI: 1.06% Traditional ROI: 8.35%
1728 Benton Street Boone, IA Welcome to this meticulously remodeled 4-square, 4 bedroom and 2 bathroom home, where styl...	4 beds \| 2 baths \| 1,652 sq.ft.	$269,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.91% Airbnb Rental Income: $null Traditional Rental Income: $2254 Airbnb ROI: N/A Traditional ROI: 6.91%
925 S Story Street Boone, IA Tons of square footage and room to spread out in this 1976-built Ranch home - it's actuall...	4 beds \| 4 baths \| 2,208 sq.ft.	$375,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.03% Airbnb Rental Income: $null Traditional Rental Income: $3029 Airbnb ROI: N/A Traditional ROI: 6.03%
1328 Carroll Street Boone, IA This is a move in ready home with a main floor master suite new LTV flooring, very cozy li...	3 beds \| 2 baths \| 1,265 sq.ft.	$184,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.73% Airbnb Rental Income: $null Traditional Rental Income: $1713 Airbnb ROI: N/A Traditional ROI: 6.73%
1509 Marshall Street Boone, IA Step inside and discover the unique charm this 3 bedroom, 1.5 home has to offer! The main ...	3 beds \| 2 baths \| 1,411 sq.ft.	$175,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.17% Airbnb Rental Income: $null Traditional Rental Income: $2189 Airbnb ROI: N/A Traditional ROI: 10.17%

Real Estate investment in Boone, IA

There are 38 properties for sale in the city of Boone . The median list price in Boone is $212,500 and the average price per square foot is $144. In November 2024, the average monthly cash on cash return in Boone is 7.00%. The average monthly rental income in Boone is $2,066.

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

There are 38 investment properties available for sale in Boone.

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

The ROI for Long-Term is higher than the Short-Term in Boone with average rental income of $2,066.

Your search for investment property begins and ends here

Investment Property for Sale in Boone, IA

1103 13Th Street

Boone, IA

2 beds | 1 baths | 768 sq.ft.

$125,000

Airbnb cash on cash: 2.98%

Traditional cash on cash: 4.15%

Airbnb Rental Income: $1166

Traditional Rental Income: $924

Airbnb ROI: 2.98%

Traditional ROI: 4.15%

1605 5th Street

Boone, IA

2 beds | 1 baths | 830 sq.ft.

$149,900

Airbnb cash on cash: 2.41%

Traditional cash on cash: 8.89%

Airbnb Rental Income: $1166

Traditional Rental Income: $1712

Airbnb ROI: 2.41%

Traditional ROI: 8.89%

204 Tama Street

Boone, IA

3 beds | 3 baths | 1,698 sq.ft.

$215,000

Airbnb cash on cash: N/A

Traditional cash on cash: 9.15%

Airbnb Rental Income: $null

Traditional Rental Income: $2518

Airbnb ROI: N/A

Traditional ROI: 9.15%

240 S Story Street

Boone, IA

3 beds | 1 baths | 1,485 sq.ft.

$187,500

Airbnb cash on cash: N/A

Traditional cash on cash: 6.74%

Airbnb Rental Income: $null

Traditional Rental Income: $1799

Airbnb ROI: N/A

Traditional ROI: 6.74%

1719 3rd Street

Boone, IA

3 beds | 1 baths | 1,465 sq.ft.

$219,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.57%

Airbnb Rental Income: $null

Traditional Rental Income: $1760

Airbnb ROI: N/A

Traditional ROI: 5.57%

202 10th Street

Boone, IA

3 beds | 1 baths | 762 sq.ft.

$129,900

Airbnb cash on cash: N/A

Traditional cash on cash: 9.12%

Airbnb Rental Income: $null

Traditional Rental Income: $1484

Airbnb ROI: N/A

Traditional ROI: 9.12%

515 Division Street

Boone, IA

3 beds | 2 baths | 1,560 sq.ft.

$160,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.44%

Airbnb Rental Income: $null

Traditional Rental Income: $1533

Airbnb ROI: N/A

Traditional ROI: 6.44%

1103 Linn Street

Boone, IA

3 beds | 1 baths | 1,474 sq.ft.

$224,500

Airbnb cash on cash: N/A

Traditional cash on cash: 5.95%

Airbnb Rental Income: $null

Traditional Rental Income: $1824

Airbnb ROI: N/A