Real Estate Investment Properties for Sale in Des Moines, IA

Looking for investment property in Des Moines, IA with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
5155 NE 13th Street Des Moines, IA Comfort and space are key aspects of this classic blonde brick ranch. This well-maintained...	3 beds \| 1 baths \| 1,407 sq.ft.	$274,900	Airbnb cash on cash: 2.93% Traditional cash on cash: 5.15% Airbnb Rental Income: $1951 Traditional Rental Income: $2014 Airbnb ROI: 2.93% Traditional ROI: 5.15%
608 Gray Street Des Moines, IA Welcome to this home by walking into the large open front porch where you can enjoy the br...	2 beds \| 2 baths \| 1,164 sq.ft.	$197,900	Airbnb cash on cash: 1.67% Traditional cash on cash: 6.67% Airbnb Rental Income: $1339 Traditional Rental Income: $1865 Airbnb ROI: 1.67% Traditional ROI: 6.67%
3910 SE 8th Street Des Moines, IA This three-bedroom ranch home on the South side of Des Moines is a fantastic find! With u...	3 beds \| 2 baths \| 1,080 sq.ft.	$234,900	Airbnb cash on cash: 3.77% Traditional cash on cash: 5.63% Airbnb Rental Income: $1951 Traditional Rental Income: $1851 Airbnb ROI: 3.77% Traditional ROI: 5.63%
2000 Nash Drive Des Moines, IA Located in the heart of the Historic District of Chautauqua Park, this charming all-brick ...	3 beds \| 2 baths \| 1,816 sq.ft.	$283,000	Airbnb cash on cash: 2.45% Traditional cash on cash: 6.81% Airbnb Rental Income: $1951 Traditional Rental Income: $2598 Airbnb ROI: 2.45% Traditional ROI: 6.81%
507 E Locust Street #207 Des Moines, IA Come and experience urban living in this move-in ready East Village condo. Two bedrooms an...	2 beds \| 2 baths \| 1,427 sq.ft.	$264,000	Airbnb cash on cash: -2.14% Traditional cash on cash: 2.27% Airbnb Rental Income: $1339 Traditional Rental Income: $2023 Airbnb ROI: -2.14% Traditional ROI: 2.27%
1524 Payton Avenue Des Moines, IA Welcome to this cozy and inviting remodeled 3-bedroom home on a large deep lot! Ample-size...	3 beds \| 1 baths \| 926 sq.ft.	$219,900	Airbnb cash on cash: 3.85% Traditional cash on cash: 4.37% Airbnb Rental Income: $1951 Traditional Rental Income: $1545 Airbnb ROI: 3.85% Traditional ROI: 4.37%
1320 43rd Street Des Moines, IA The Waveland Park Craftsman you have been waiting for! This one-of-a-kind home maintains ...	4 beds \| 2 baths \| 2,377 sq.ft.	$387,500	Airbnb cash on cash: 3.35% Traditional cash on cash: 4.43% Airbnb Rental Income: $3012 Traditional Rental Income: $2712 Airbnb ROI: 3.35% Traditional ROI: 4.43%
1314 E 27th Street Des Moines, IA Check out this charming East side home! It features an open concept living room with a flo...	4 beds \| 2 baths \| 1,344 sq.ft.	$190,000	Airbnb cash on cash: 9.54% Traditional cash on cash: 8.83% Airbnb Rental Income: $3012 Traditional Rental Income: $2194 Airbnb ROI: 9.54% Traditional ROI: 8.83%
910 Winegardner Road Des Moines, IA This charming 3-bedroom, 1-bathroom ranch-style home offers plenty of space and potential....	3 beds \| 1 baths \| 1,056 sq.ft.	$239,000	Airbnb cash on cash: 3.53% Traditional cash on cash: 3.98% Airbnb Rental Income: $1951 Traditional Rental Income: $1539 Airbnb ROI: 3.53% Traditional ROI: 3.98%
669 19th Street Des Moines, IA Check out this historic 4 plex in the popular Sherman Hill neighborhood of Des Moines. Fea...	4 beds \| 4 baths \| 1,962 sq.ft.	$345,000	Airbnb cash on cash: 4.36% Traditional cash on cash: 6.79% Airbnb Rental Income: $3012 Traditional Rental Income: $3110 Airbnb ROI: 4.36% Traditional ROI: 6.79%
1506 E 16th Street Des Moines, IA Discover a transformed gem! This charming 3-bedroom, 2-bath home features a modernized ope...	3 beds \| 2 baths \| 1,290 sq.ft.	$160,000	Airbnb cash on cash: 6.64% Traditional cash on cash: 11.28% Airbnb Rental Income: $1951 Traditional Rental Income: $2147 Airbnb ROI: 6.64% Traditional ROI: 11.28%
1009 E Sheridan Avenue Des Moines, IA Step back in time with this beautifully maintained 1917 home, offering 4 bedrooms, 2 bathr...	4 beds \| 2 baths \| 1,493 sq.ft.	$255,000	Airbnb cash on cash: 6.87% Traditional cash on cash: 7.2% Airbnb Rental Income: $3012 Traditional Rental Income: $2400 Airbnb ROI: 6.87% Traditional ROI: 7.2%
2417 Williams Street Des Moines, IA Welcome home to this move-in-ready, beautifully maintained 3-bedroom, 2-bath ranch with a ...	3 beds \| 2 baths \| 855 sq.ft.	$224,900	Airbnb cash on cash: 3.75% Traditional cash on cash: 5.73% Airbnb Rental Income: $1951 Traditional Rental Income: $1859 Airbnb ROI: 3.75% Traditional ROI: 5.73%
2214 Woodland Avenue Des Moines, IA Discover this hidden gem in a prime location, just minutes from the heart of Downtown Des ...	2 beds \| 2 baths \| 923 sq.ft.	$214,900	Airbnb cash on cash: 1.29% Traditional cash on cash: 5.11% Airbnb Rental Income: $1339 Traditional Rental Income: $1706 Airbnb ROI: 1.29% Traditional ROI: 5.11%
1274 E 35th Street Des Moines, IA Welcome to this spacious and inviting home featuring 4 bedrooms, a full-finish basement. T...	4 beds \| 2 baths \| 1,236 sq.ft.	$245,000	Airbnb cash on cash: 6.81% Traditional cash on cash: 5.52% Airbnb Rental Income: $3012 Traditional Rental Income: $2023 Airbnb ROI: 6.81% Traditional ROI: 5.52%
3935 54th Street Des Moines, IA Check out this adorable 3 bed/1.5 bath ranch home in the Merle Hay neighborhood! Newer flo...	3 beds \| 2 baths \| 988 sq.ft.	$219,900	Airbnb cash on cash: 3.94% Traditional cash on cash: 6.2% Airbnb Rental Income: $1951 Traditional Rental Income: $1909 Airbnb ROI: 3.94% Traditional ROI: 6.2%
5840 SE 22nd Court Des Moines, IA Spacious ranch townhome that is a one owner and meticulous! Over 1460 sq ft and very open...	2 beds \| 2 baths \| 1,454 sq.ft.	$243,000	Airbnb cash on cash: 0.12% Traditional cash on cash: 6.43% Airbnb Rental Income: $1339 Traditional Rental Income: $2376 Airbnb ROI: 0.12% Traditional ROI: 6.43%
3138 7th Street Des Moines, IA Charming up/down duplex in the desirable Highland Park neighborhood. Main floor unit featu...	3 beds \| 2 baths \| 1,479 sq.ft.	$190,000	Airbnb cash on cash: 5.32% Traditional cash on cash: 9.28% Airbnb Rental Income: $1951 Traditional Rental Income: $2151 Airbnb ROI: 5.32% Traditional ROI: 9.28%
2858 Merced Drive Des Moines, IA Johnston School District! This 4 bed/2.5 bath WALKOUT RANCH and BACKS TO TREES! This spac...	4 beds \| 3 baths \| 1,494 sq.ft.	$397,900	Airbnb cash on cash: 3.21% Traditional cash on cash: 3.43% Airbnb Rental Income: $3012 Traditional Rental Income: $2405 Airbnb ROI: 3.21% Traditional ROI: 3.43%
727 SE 27th Court Des Moines, IA Step into this well maintained gem and be greeted by a vaulted great room that flows into ...	4 beds \| 2 baths \| 1,027 sq.ft.	$225,000	Airbnb cash on cash: 7.84% Traditional cash on cash: 5.62% Airbnb Rental Income: $3012 Traditional Rental Income: $1848 Airbnb ROI: 7.84% Traditional ROI: 5.62%
1017 Hackley Avenue Des Moines, IA Discover this delightful 2-bed, 1-bath home, perfect for those seeking modern comfort and ...	2 beds \| 1 baths \| 1,074 sq.ft.	$157,400	Airbnb cash on cash: 3.15% Traditional cash on cash: 6.99% Airbnb Rental Income: $1339 Traditional Rental Income: $1504 Airbnb ROI: 3.15% Traditional ROI: 6.99%
689 25th Street Des Moines, IA 24 hr sale	2 beds \| 1 baths \| 720 sq.ft.	$149,000	Airbnb cash on cash: 3.29% Traditional cash on cash: 7.54% Airbnb Rental Income: $1339 Traditional Rental Income: $1532 Airbnb ROI: 3.29% Traditional ROI: 7.54%
2102 High Street Des Moines, IA What's not to love about this end-unit townhome close to downtown and all that Des Moines ...	2 beds \| 3 baths \| 1,104 sq.ft.	$249,900	Airbnb cash on cash: -0.36% Traditional cash on cash: 4.87% Airbnb Rental Income: $1339 Traditional Rental Income: $2162 Airbnb ROI: -0.36% Traditional ROI: 4.87%
1110 E 6th Street #4 Des Moines, IA Stop paying rent and check out this freshly painted well maintained condo! This open conce...	2 beds \| 1 baths \| 801 sq.ft.	$105,000	Airbnb cash on cash: 1.74% Traditional cash on cash: 6.97% Airbnb Rental Income: $1339 Traditional Rental Income: $1460 Airbnb ROI: 1.74% Traditional ROI: 6.97%
2501 SE 7th Street Des Moines, IA Welcome to this charming ranch-style home, featuring 2 bedrooms and 1 bathroom. As you ste...	2 beds \| 1 baths \| 936 sq.ft.	$190,000	Airbnb cash on cash: 2.23% Traditional cash on cash: 5.8% Airbnb Rental Income: $1339 Traditional Rental Income: $1572 Airbnb ROI: 2.23% Traditional ROI: 5.8%
4217 E 48th Street Des Moines, IA Welcome to this inviting home, ready for its new owners! The thoughtfully designed floor p...	3 beds \| 3 baths \| 1,558 sq.ft.	$300,000	Airbnb cash on cash: 1.89% Traditional cash on cash: 4.96% Airbnb Rental Income: $1951 Traditional Rental Income: $2305 Airbnb ROI: 1.89% Traditional ROI: 4.96%
682 36th Street Des Moines, IA This two-story home was built in 1912, giving it historic charm, while it has underwent ma...	4 beds \| 2 baths \| 1,739 sq.ft.	$339,900	Airbnb cash on cash: 4.71% Traditional cash on cash: 5.35% Airbnb Rental Income: $3012 Traditional Rental Income: $2526 Airbnb ROI: 4.71% Traditional ROI: 5.35%
300 Walnut Street #1805 Des Moines, IA ICONIC BUILDING & PENTHOUSE VIEWS ALERT! Only a handful of homes in the entire 25-story Pl...	1 beds \| 1 baths \| 750 sq.ft.	$179,900	Airbnb cash on cash: -3.34% Traditional cash on cash: 2.86% Airbnb Rental Income: $931 Traditional Rental Income: $1649 Airbnb ROI: -3.34% Traditional ROI: 2.86%
2505 53rd st Des Moines, IA	3 beds \| 2 baths \| N/A	$190,000	Airbnb cash on cash: 3.56% Traditional cash on cash: 3.73% Airbnb Rental Income: $1951 Traditional Rental Income: $1469 Airbnb ROI: 3.56% Traditional ROI: 3.73%
3505 E 53rd Court Des Moines, IA Welcome to this well cared for and charming 3 bedroom, 4 bath, two story home with roughly...	3 beds \| 4 baths \| 1,453 sq.ft.	$295,000	Airbnb cash on cash: 1.99% Traditional cash on cash: 4.89% Airbnb Rental Income: $1951 Traditional Rental Income: $2242 Airbnb ROI: 1.99% Traditional ROI: 4.89%
3840 Lanewood Drive Des Moines, IA Step into this storybook two story home located in the highly sought-after Forestdale neig...	3 beds \| 2 baths \| 1,492 sq.ft.	$314,500	Airbnb cash on cash: 1.96% Traditional cash on cash: 4.87% Airbnb Rental Income: $1951 Traditional Rental Income: $2297 Airbnb ROI: 1.96% Traditional ROI: 4.87%
4508 SW 3rd Street Des Moines, IA Check out this charming two-bedroom dollhouse located on the desirable South Side of Des M...	2 beds \| 1 baths \| 704 sq.ft.	$164,900	Airbnb cash on cash: 2.89% Traditional cash on cash: 6.73% Airbnb Rental Income: $1339 Traditional Rental Income: $1531 Airbnb ROI: 2.89% Traditional ROI: 6.73%
1311 E 15th Street Des Moines, IA Step inside this affordable move-in ready home. This beautifully renovated home features 3...	3 beds \| 1 baths \| 880 sq.ft.	$149,999	Airbnb cash on cash: 7.25% Traditional cash on cash: 8.09% Airbnb Rental Income: $1951 Traditional Rental Income: $1557 Airbnb ROI: 7.25% Traditional ROI: 8.09%
3501 1st Street Des Moines, IA This home has it all! 4 bedrooms, 2 bath areas, detached 2.5 car garage, updated /new kitc...	4 beds \| 2 baths \| 1,180 sq.ft.	$205,000	Airbnb cash on cash: 8.87% Traditional cash on cash: 8.26% Airbnb Rental Income: $3012 Traditional Rental Income: $2202 Airbnb ROI: 8.87% Traditional ROI: 8.26%
322 58th Street Des Moines, IA Brand new roof and gutters October 2024! Discover the charm of this delightful South of Gr...	2 beds \| 2 baths \| 816 sq.ft.	$231,000	Airbnb cash on cash: 1.34% Traditional cash on cash: 5.82% Airbnb Rental Income: $1339 Traditional Rental Income: $1907 Airbnb ROI: 1.34% Traditional ROI: 5.82%
23/25 E Porter Avenue Des Moines, IA Great duplex investment opportunity available that's fully leased if you are interested in...	5 beds \| 2 baths \| 2,052 sq.ft.	$286,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.32% Airbnb Rental Income: $null Traditional Rental Income: $1986 Airbnb ROI: N/A Traditional ROI: 4.32%
1709 Beaver Avenue Des Moines, IA Step into this stunning updated three-bedroom home, where classic charm meets contemporary...	3 beds \| 2 baths \| 1,054 sq.ft.	$240,000	Airbnb cash on cash: 3.22% Traditional cash on cash: 5.66% Airbnb Rental Income: $1951 Traditional Rental Income: $1989 Airbnb ROI: 3.22% Traditional ROI: 5.66%
727 36th Street Des Moines, IA North of Grand home with lots of original character ready to move in! Two large bedrooms, ...	2 beds \| 1 baths \| 1,000 sq.ft.	$225,000	Airbnb cash on cash: 2.13% Traditional cash on cash: 5.75% Airbnb Rental Income: $1339 Traditional Rental Income: $1698 Airbnb ROI: 2.13% Traditional ROI: 5.75%
5405 SW 9th Street Des Moines, IA Attention First Time Buyers and Investors! This 2 bedroom property is located on the SW si...	2 beds \| 1 baths \| 624 sq.ft.	$99,900	Airbnb cash on cash: 5.99% Traditional cash on cash: 10.33% Airbnb Rental Income: $1339 Traditional Rental Income: $1349 Airbnb ROI: 5.99% Traditional ROI: 10.33%
712 Lally Street Des Moines, IA Welcome to your oasis. We will be installing a brand new roof, siding, & window wraps befo...	3 beds \| 1 baths \| 864 sq.ft.	$174,999	Airbnb cash on cash: 5.72% Traditional cash on cash: 6.76% Airbnb Rental Income: $1951 Traditional Rental Income: $1610 Airbnb ROI: 5.72% Traditional ROI: 6.76%

Real Estate investment in Des-moines, IA

There are 599 properties for sale in the city of Des Moines . The median list price in Des Moines is $239,900 and the average price per square foot is $170. In December 2024, the average monthly cash on cash return in Des Moines is 6.00%. The average monthly rental income in Des Moines is $2,044.

Des-moines, IA Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 599 investment properties available for sale in Des-moines.

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

The ROI for Long-Term is higher than the Short-Term in Des-moines with average rental income of $2,044.

Your search for investment property begins and ends here

Investment Property for Sale in Des Moines, IA

5155 NE 13th Street

Des Moines, IA

3 beds | 1 baths | 1,407 sq.ft.

$274,900

Airbnb cash on cash: 2.93%

Traditional cash on cash: 5.15%

Airbnb Rental Income: $1951

Traditional Rental Income: $2014

Airbnb ROI: 2.93%

Traditional ROI: 5.15%

608 Gray Street

Des Moines, IA

2 beds | 2 baths | 1,164 sq.ft.

$197,900

Airbnb cash on cash: 1.67%

Traditional cash on cash: 6.67%

Airbnb Rental Income: $1339

Traditional Rental Income: $1865

Airbnb ROI: 1.67%

Traditional ROI: 6.67%

3910 SE 8th Street

Des Moines, IA

3 beds | 2 baths | 1,080 sq.ft.

$234,900

Airbnb cash on cash: 3.77%

Traditional cash on cash: 5.63%

Airbnb Rental Income: $1951

Traditional Rental Income: $1851

Airbnb ROI: 3.77%

Traditional ROI: 5.63%

2000 Nash Drive

Des Moines, IA

3 beds | 2 baths | 1,816 sq.ft.

$283,000

Airbnb cash on cash: 2.45%

Traditional cash on cash: 6.81%

Airbnb Rental Income: $1951

Traditional Rental Income: $2598

Airbnb ROI: 2.45%

Traditional ROI: 6.81%

507 E Locust Street #207

Des Moines, IA

2 beds | 2 baths | 1,427 sq.ft.

$264,000

Airbnb cash on cash: -2.14%

Traditional cash on cash: 2.27%

Airbnb Rental Income: $1339

Traditional Rental Income: $2023

Airbnb ROI: -2.14%

Traditional ROI: 2.27%

1524 Payton Avenue

Des Moines, IA

3 beds | 1 baths | 926 sq.ft.

$219,900

Airbnb cash on cash: 3.85%

Traditional cash on cash: 4.37%

Airbnb Rental Income: $1951

Traditional Rental Income: $1545

Airbnb ROI: 3.85%

Traditional ROI: 4.37%

1320 43rd Street

Des Moines, IA

4 beds | 2 baths | 2,377 sq.ft.

$387,500

Airbnb cash on cash: 3.35%

Traditional cash on cash: 4.43%

Airbnb Rental Income: $3012

Traditional Rental Income: $2712

Airbnb ROI: 3.35%

Traditional ROI: 4.43%

1314 E 27th Street

Des Moines, IA

4 beds | 2 baths | 1,344 sq.ft.

$190,000

Airbnb cash on cash: 9.54%

Traditional cash on cash: 8.83%

Airbnb Rental Income: $3012

Traditional Rental Income: $2194

Airbnb ROI: 9.54%