Real Estate Investment Properties for Sale in Clear Lake, IA

Looking for investment property in Clear Lake, IA with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
2700 N Shore Drive #401 CLEAR LAKE, IA Gorgeous completely remodeled one bedroom condo at The Harbourage. Tons of upgrades, all n...	1 beds \| 1 baths \| 796 sq.ft.	$229,000	Airbnb cash on cash: 5.21% Traditional cash on cash: 2.62% Airbnb Rental Income: $2471 Traditional Rental Income: $1310 Airbnb ROI: 5.21% Traditional ROI: 2.62%
1712 N 24th St CLEAR LAKE, IA Seize the opportunity to own a stunning residence nestled along the tranquil shores of Fie...	4 beds \| 3 baths \| 2,194 sq.ft.	$599,000	Airbnb cash on cash: 3.43% Traditional cash on cash: 3.14% Airbnb Rental Income: $3986 Traditional Rental Income: $2971 Airbnb ROI: 3.43% Traditional ROI: 3.14%
15063 Hill St CLEAR LAKE, IA Donât miss this opportunity to own a meticulously remodeled ranch home in the highly sou...	3 beds \| 2 baths \| 1,413 sq.ft.	$670,000	Airbnb cash on cash: 2.04% Traditional cash on cash: 2.06% Airbnb Rental Income: $3012 Traditional Rental Income: $2336 Airbnb ROI: 2.04% Traditional ROI: 2.06%
19738 Heather Avenue CLEAR LAKE, IA A DREAM RETREAT! Discover this stunning acreage just a 10-minute drive from downtown Clear...	3 beds \| 3 baths \| 2,780 sq.ft.	$985,000	Airbnb cash on cash: 0.87% Traditional cash on cash: 1.66% Airbnb Rental Income: $3012 Traditional Rental Income: $3046 Airbnb ROI: 0.87% Traditional ROI: 1.66%
2405 S Lakeview Ct CLEAR LAKE, IA Don't miss out on one of the best views of the lake. With over 2500 square feet on three l...	4 beds \| 4 baths \| 2,488 sq.ft.	$1,637,000	Airbnb cash on cash: 0.17% Traditional cash on cash: 0.4% Airbnb Rental Income: $3986 Traditional Rental Income: $3483 Airbnb ROI: 0.17% Traditional ROI: 0.4%
501 Pine Brooke Drive CLEAR LAKE, IA Immaculate 3 bedroom 2 bath home situated in the beautiful Pine Brooke neighborhood. Open-...	3 beds \| 2 baths \| 1,758 sq.ft.	$369,900	Airbnb cash on cash: 4.45% Traditional cash on cash: 5.08% Airbnb Rental Income: $3012 Traditional Rental Income: $2540 Airbnb ROI: 4.45% Traditional ROI: 5.08%
2500 S 32nd Street CLEAR LAKE, IA Disclaimer: Virtual tour & photos do not represent this specific lot. Prior spec homes whi...	2 beds \| 2 baths \| 1,530 sq.ft.	$325,000	Airbnb cash on cash: 2.76% Traditional cash on cash: 4.77% Airbnb Rental Income: $2286 Traditional Rental Income: $2331 Airbnb ROI: 2.76% Traditional ROI: 4.77%
2504 S 32nd Street CLEAR LAKE, IA Disclaimer: Virtual tour & photos do not represent this specific lot. Prior spec homes whi...	2 beds \| 2 baths \| 1,500 sq.ft.	$325,000	Airbnb cash on cash: 2.76% Traditional cash on cash: 4.41% Airbnb Rental Income: $2286 Traditional Rental Income: $2221 Airbnb ROI: 2.76% Traditional ROI: 4.41%
2506 S 32nd Street CLEAR LAKE, IA BE PART OF THIS EXCITING NEW DEVELOPMENT!! New construction starting price includes basic ...	2 beds \| 2 baths \| 1,500 sq.ft.	$325,000	Airbnb cash on cash: 2.76% Traditional cash on cash: 4.41% Airbnb Rental Income: $2286 Traditional Rental Income: $2221 Airbnb ROI: 2.76% Traditional ROI: 4.41%
506 Pine Brooke Drive CLEAR LAKE, IA Excellent opportunity to expand! Enjoy a wide-open living/dining/kitchen AND a lower leve...	4 beds \| 2 baths \| 1,948 sq.ft.	$349,900	Airbnb cash on cash: 7.13% Traditional cash on cash: 5.72% Airbnb Rental Income: $3986 Traditional Rental Income: $2671 Airbnb ROI: 7.13% Traditional ROI: 5.72%
5668 S Shore Drive #6 CLEAR LAKE, IA Rare Find! Beautiful lakefront condo. Two bedroom, two full bath. Open loft, deck and the...	2 beds \| 2 baths \| 1,288 sq.ft.	$478,500	Airbnb cash on cash: 1.67% Traditional cash on cash: 1.9% Airbnb Rental Income: $2286 Traditional Rental Income: $1820 Airbnb ROI: 1.67% Traditional ROI: 1.9%
2016 S 32nd Street #A CLEAR LAKE, IA BE PART OF THIS EXCITING NEW DEVELOPMENT!! New construction includes basic home package wi...	2 beds \| 2 baths \| 1,975 sq.ft.	$395,000	Airbnb cash on cash: 3.2% Traditional cash on cash: 5.59% Airbnb Rental Income: $2286 Traditional Rental Income: $2599 Airbnb ROI: 3.2% Traditional ROI: 5.59%
2016 A S 32nd St #A CLEAR LAKE, IA BE PART OF THIS EXCITING NEW DEVELOPMENT!! New construction includes basic home package wi...	2 beds \| 2 baths \| 1,975 sq.ft.	$395,000	Airbnb cash on cash: 3.28% Traditional cash on cash: 5.79% Airbnb Rental Income: $2286 Traditional Rental Income: $2645 Airbnb ROI: 3.28% Traditional ROI: 5.79%
2309 14th Place N CLEAR LAKE, IA Clean and spacious 4 BR, 2 bath split level home in beautiful Clear Lake! Newer updates (2...	4 beds \| 2 baths \| 1,057 sq.ft.	$294,000	Airbnb cash on cash: 8.92% Traditional cash on cash: 5.59% Airbnb Rental Income: $3986 Traditional Rental Income: $2211 Airbnb ROI: 8.92% Traditional ROI: 5.59%
302 Oak Hill Court CLEAR LAKE, IA Beautiful finishes throughout this 2 bedroom 2 bath, one level condo. Completely remodeled...	2 beds \| 2 baths \| 1,770 sq.ft.	$329,000	Airbnb cash on cash: 1.64% Traditional cash on cash: 4.29% Airbnb Rental Income: $2286 Traditional Rental Income: $2535 Airbnb ROI: 1.64% Traditional ROI: 4.29%
2205 16th Ave N CLEAR LAKE, IA Discover nearly 2800 square feet of finished living space in this stunning one owner home,...	4 beds \| 3 baths \| 1,876 sq.ft.	$424,900	Airbnb cash on cash: 5.57% Traditional cash on cash: 4.92% Airbnb Rental Income: $3986 Traditional Rental Income: $2874 Airbnb ROI: 5.57% Traditional ROI: 4.92%
612 7th Avenue N CLEAR LAKE, IA Charming 2-bedroom, 1.25-bath home in the heart of Clear Lake, just a short walk to downto...	2 beds \| 2 baths \| 1,074 sq.ft.	$169,900	Airbnb cash on cash: 8.13% Traditional cash on cash: 8.97% Airbnb Rental Income: $2286 Traditional Rental Income: $1852 Airbnb ROI: 8.13% Traditional ROI: 8.97%
212 4th Avenue S CLEAR LAKE, IA Enjoy all the character and charm in this beautiful downtown Clear Lake home. Located just...	4 beds \| 3 baths \| 3,284 sq.ft.	$514,000	Airbnb cash on cash: 3.46% Traditional cash on cash: 4.29% Airbnb Rental Income: $3986 Traditional Rental Income: $3531 Airbnb ROI: 3.46% Traditional ROI: 4.29%
900 Main Avenue CLEAR LAKE, IA Location! Location! Location! This 3-bedroom home has been meticulously cared for and bea...	3 beds \| 2 baths \| 1,061 sq.ft.	$275,000	Airbnb cash on cash: 6.49% Traditional cash on cash: 5.63% Airbnb Rental Income: $3012 Traditional Rental Income: $2099 Airbnb ROI: 6.49% Traditional ROI: 5.63%
9853 230th Street CLEAR LAKE, IA Build your dream home or Barndomium here!!!Rare Opportunity to purchase this farm type bui...	3 beds \| 2 baths \| 1,963 sq.ft.	$299,950	Airbnb cash on cash: 6.77% Traditional cash on cash: 8.26% Airbnb Rental Income: $3012 Traditional Rental Income: $2741 Airbnb ROI: 6.77% Traditional ROI: 8.26%
201 Glen Oaks Drive CLEAR LAKE, IA WOW - check out this newly constructed 2 bedroom townhome available in the private Glen Oa...	2 beds \| 2 baths \| 1,839 sq.ft.	$487,000	Airbnb cash on cash: 0.27% Traditional cash on cash: 2.15% Airbnb Rental Income: $2286 Traditional Rental Income: $2570 Airbnb ROI: 0.27% Traditional ROI: 2.15%
202 Glen Oaks Drive CLEAR LAKE, IA Secure your new 2 bedroom townhome in the private Glen Oaks community. This 55+ residentia...	2 beds \| 2 baths \| 1,733 sq.ft.	$416,000	Airbnb cash on cash: 0.75% Traditional cash on cash: 2.83% Airbnb Rental Income: $2286 Traditional Rental Income: $2526 Airbnb ROI: 0.75% Traditional ROI: 2.83%
203 Glen Oaks Drive CLEAR LAKE, IA WOW - check out this newly completed 2 bedroom townhome available in the private Glen Oaks...	2 beds \| 2 baths \| 1,826 sq.ft.	$487,000	Airbnb cash on cash: 0.27% Traditional cash on cash: 2.15% Airbnb Rental Income: $2286 Traditional Rental Income: $2570 Airbnb ROI: 0.27% Traditional ROI: 2.15%
4587 Wesley Drive CLEAR LAKE, IA THE HIGHLIGHT OF THIS CHARMING AFFORDABLE PROPERTY IS THE LAKE ACCESS! If you are ready to...	2 beds \| 2 baths \| 763 sq.ft.	$175,000	Airbnb cash on cash: 8.01% Traditional cash on cash: 7.31% Airbnb Rental Income: $2286 Traditional Rental Income: $1600 Airbnb ROI: 8.01% Traditional ROI: 7.31%
209 Orchard Lane CLEAR LAKE, IA Beautifully remodeled three-bedroom ranch home near Veterans Memorial Golf course and the ...	3 beds \| 2 baths \| 1,196 sq.ft.	$399,000	Airbnb cash on cash: 4.02% Traditional cash on cash: 3.52% Airbnb Rental Income: $3012 Traditional Rental Income: $2137 Airbnb ROI: 4.02% Traditional ROI: 3.52%
201 Fairway Dr CLEAR LAKE, IA Here is your opportunity to own a home on one of the best areas in Shorewood Hills! Locate...	4 beds \| 3 baths \| 1,520 sq.ft.	$385,000	Airbnb cash on cash: 6.03% Traditional cash on cash: 4.24% Airbnb Rental Income: $3986 Traditional Rental Income: $2488 Airbnb ROI: 6.03% Traditional ROI: 4.24%
1401 N 20th Street CLEAR LAKE, IA The beautiful entryway welcomes you through the front door into an open living dining kitc...	4 beds \| 4 baths \| 2,844 sq.ft.	$599,000	Airbnb cash on cash: 3.26% Traditional cash on cash: 4% Airbnb Rental Income: $3986 Traditional Rental Income: $3546 Airbnb ROI: 3.26% Traditional ROI: 4%
2302 16th Avenue N CLEAR LAKE, IA WELCOME HOME TO THE EPITOME OF COMFORT AND STYLE IN THIS STUNNING 3+ BEDROOM, 2 STORY HOME...	3 beds \| 3 baths \| 2,492 sq.ft.	$444,995	Airbnb cash on cash: 3.24% Traditional cash on cash: 4.92% Airbnb Rental Income: $3012 Traditional Rental Income: $3019 Airbnb ROI: 3.24% Traditional ROI: 4.92%
709 N 8th CLEAR LAKE, IA Check out this starter home centrally located in town. Move right into this two-three bed...	3 beds \| 2 baths \| 1,644 sq.ft.	$199,500	Airbnb cash on cash: 9.54% Traditional cash on cash: 10.79% Airbnb Rental Income: $3012 Traditional Rental Income: $2557 Airbnb ROI: 9.54% Traditional ROI: 10.79%
1312 2nd Ave NE CLEAR LAKE, IA Newly remodeled home awaits you! Experience luxurious finishes while embracing old-world c...	4 beds \| 3 baths \| 1,440 sq.ft.	$365,000	Airbnb cash on cash: 7.11% Traditional cash on cash: 6.43% Airbnb Rental Income: $3986 Traditional Rental Income: $2900 Airbnb ROI: 7.11% Traditional ROI: 6.43%
15548 Dodge Ave. CLEAR LAKE, IA LOCATION, LOCATION, LOCATION! Lakefront home situated on 90 ft. of lake frontage with an o...	5 beds \| 3 baths \| 2,220 sq.ft.	$1,500,000	Airbnb cash on cash: 0.74% Traditional cash on cash: 0.55% Airbnb Rental Income: $4631 Traditional Rental Income: $3408 Airbnb ROI: 0.74% Traditional ROI: 0.55%
15574 Dodge Ave. CLEAR LAKE, IA Magnificent home on 310 ft. of lake frontage in premier location! This privately maintaine...	5 beds \| 6 baths \| 3,320 sq.ft.	$4,439,000	Airbnb cash on cash: -0.72% Traditional cash on cash: -0.13% Airbnb Rental Income: $4631 Traditional Rental Income: $6102 Airbnb ROI: -0.72% Traditional ROI: -0.13%
4674 N Shore Dr CLEAR LAKE, IA GUARANTEED LAKE ACCESS! Indulge in breathtaking views of Clear Lake's north shore and the ...	3 beds \| 3 baths \| 2,264 sq.ft.	$899,000	Airbnb cash on cash: 0.83% Traditional cash on cash: 1.63% Airbnb Rental Income: $3012 Traditional Rental Income: $2990 Airbnb ROI: 0.83% Traditional ROI: 1.63%
2108 2nd Ave S CLEAR LAKE, IA Enjoy the peace of mind that comes with this well cared for home in a convenient, peaceful...	3 beds \| 2 baths \| 988 sq.ft.	$240,000	Airbnb cash on cash: 7.61% Traditional cash on cash: 6.12% Airbnb Rental Income: $3012 Traditional Rental Income: $1983 Airbnb ROI: 7.61% Traditional ROI: 6.12%
5303 S Shore Drive CLEAR LAKE, IA Location, character, and space! This gorgeous 4+ bedroom home offers it all, just steps aw...	4 beds \| 3 baths \| 2,738 sq.ft.	$459,000	Airbnb cash on cash: 5.09% Traditional cash on cash: 5.99% Airbnb Rental Income: $3986 Traditional Rental Income: $3519 Airbnb ROI: 5.09% Traditional ROI: 5.99%
101 Emerald Cove Drive CLEAR LAKE, IA Coming soon! Emerald Cove townhomes. 2 bedroom 2 bath one level living with gorgeous finis...	2 beds \| 2 baths \| 1,400 sq.ft.	$325,000	Airbnb cash on cash: 2.76% Traditional cash on cash: 4.51% Airbnb Rental Income: $2286 Traditional Rental Income: $2250 Airbnb ROI: 2.76% Traditional ROI: 4.51%
109 Stonebrook Ct. CLEAR LAKE, IA Discover luxury in the NEW 2200 sq ft condominiums tailored for professionals, families, r...	3 beds \| 3 baths \| 2,200 sq.ft.	$432,000	Airbnb cash on cash: 2.95% Traditional cash on cash: 4.43% Airbnb Rental Income: $3012 Traditional Rental Income: $2920 Airbnb ROI: 2.95% Traditional ROI: 4.43%
105 Stonebrook Ct. CLEAR LAKE, IA Discover luxury in the NEW 2200 sq ft condominiums tailored for professionals, families, r...	3 beds \| 3 baths \| 2,200 sq.ft.	$432,000	Airbnb cash on cash: 2.95% Traditional cash on cash: 4.43% Airbnb Rental Income: $3012 Traditional Rental Income: $2920 Airbnb ROI: 2.95% Traditional ROI: 4.43%
210 Stonebrook Ct. CLEAR LAKE, IA Discover luxury in the NEW 2200 sq ftcondominiums tailored for professionals, families, re...	3 beds \| 3 baths \| 2,200 sq.ft.	$432,000	Airbnb cash on cash: 2.95% Traditional cash on cash: 4.43% Airbnb Rental Income: $3012 Traditional Rental Income: $2920 Airbnb ROI: 2.95% Traditional ROI: 4.43%
212 Stonebrook Ct. CLEAR LAKE, IA Discover luxury in the NEW 2200 sq ftcondominiums tailored for professionals, families, re...	3 beds \| 3 baths \| 2,200 sq.ft.	$432,000	Airbnb cash on cash: 2.95% Traditional cash on cash: 4.43% Airbnb Rental Income: $3012 Traditional Rental Income: $2920 Airbnb ROI: 2.95% Traditional ROI: 4.43%

Real Estate investment in Clear-lake, IA

There are 99 properties for sale in the city of Clear Lake . The median list price in Clear Lake is $416,000 and the average price per square foot is $231. In December 2024, the average monthly cash on cash return in Clear Lake is 4.00%. The average monthly rental income in Clear Lake is $2,494.

Clear-lake, IA Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 99 investment properties available for sale in Clear-lake.

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

The ROI for Long-Term is higher than the Short-Term in Clear-lake with average rental income of $2,494.

Your search for investment property begins and ends here

Investment Property for Sale in Clear Lake, IA

2700 N Shore Drive #401

CLEAR LAKE, IA

1 beds | 1 baths | 796 sq.ft.

$229,000

Airbnb cash on cash: 5.21%

Traditional cash on cash: 2.62%

Airbnb Rental Income: $2471

Traditional Rental Income: $1310

Airbnb ROI: 5.21%

Traditional ROI: 2.62%

1712 N 24th St

CLEAR LAKE, IA

4 beds | 3 baths | 2,194 sq.ft.

$599,000

Airbnb cash on cash: 3.43%

Traditional cash on cash: 3.14%

Airbnb Rental Income: $3986

Traditional Rental Income: $2971

Airbnb ROI: 3.43%

Traditional ROI: 3.14%

15063 Hill St

CLEAR LAKE, IA

3 beds | 2 baths | 1,413 sq.ft.

$670,000

Airbnb cash on cash: 2.04%

Traditional cash on cash: 2.06%

Airbnb Rental Income: $3012

Traditional Rental Income: $2336

Airbnb ROI: 2.04%

Traditional ROI: 2.06%

19738 Heather Avenue

CLEAR LAKE, IA

3 beds | 3 baths | 2,780 sq.ft.

$985,000

Airbnb cash on cash: 0.87%

Traditional cash on cash: 1.66%

Airbnb Rental Income: $3012

Traditional Rental Income: $3046

Airbnb ROI: 0.87%

Traditional ROI: 1.66%

2405 S Lakeview Ct

CLEAR LAKE, IA

4 beds | 4 baths | 2,488 sq.ft.

$1,637,000

Airbnb cash on cash: 0.17%

Traditional cash on cash: 0.4%

Airbnb Rental Income: $3986

Traditional Rental Income: $3483

Airbnb ROI: 0.17%

Traditional ROI: 0.4%

501 Pine Brooke Drive

CLEAR LAKE, IA

3 beds | 2 baths | 1,758 sq.ft.

$369,900

Airbnb cash on cash: 4.45%

Traditional cash on cash: 5.08%

Airbnb Rental Income: $3012

Traditional Rental Income: $2540

Airbnb ROI: 4.45%

Traditional ROI: 5.08%

2500 S 32nd Street

CLEAR LAKE, IA

2 beds | 2 baths | 1,530 sq.ft.

$325,000

Airbnb cash on cash: 2.76%

Traditional cash on cash: 4.77%

Airbnb Rental Income: $2286

Traditional Rental Income: $2331

Airbnb ROI: 2.76%

Traditional ROI: 4.77%

2504 S 32nd Street

CLEAR LAKE, IA

2 beds | 2 baths | 1,500 sq.ft.

$325,000

Airbnb cash on cash: 2.76%

Traditional cash on cash: 4.41%

Airbnb Rental Income: $2286

Traditional Rental Income: $2221

Airbnb ROI: 2.76%