Real Estate Investment Properties for Sale in Indianola, IA

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1805 Country Club Road Indianola, IA Gorgeous custom home-larger than it seems w/2500+ tot fin sf (+800sf partial fin bsmt) on ...	3 beds \| 3 baths \| 1,732 sq.ft.	$515,000	Airbnb cash on cash: 0.05% Traditional cash on cash: 2.03% Airbnb Rental Income: $1567 Traditional Rental Income: $2072 Airbnb ROI: 0.05% Traditional ROI: 2.03%
1010 E Henderson Place Indianola, IA This is the one! Two story home w finished basement, located on a culdesac! This home has ...	4 beds \| 3 baths \| 1,725 sq.ft.	$305,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.29% Airbnb Rental Income: $null Traditional Rental Income: $2404 Airbnb ROI: N/A Traditional ROI: 5.29%
1502 11th Way Indianola, IA Prepare to fall in love! The beautifully built Two Story resale by Ground Breaker Homes is...	4 beds \| 3 baths \| 2,080 sq.ft.	$499,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.27% Airbnb Rental Income: $null Traditional Rental Income: $2681 Airbnb ROI: N/A Traditional ROI: 4.27%
407 W 1st Avenue Indianola, IA Completely Renovated 3-Bedroom Home in Indianola â 1,689 SF with seller improvements not...	3 beds \| 2 baths \| 1,366 sq.ft.	$274,900	Airbnb cash on cash: 2.53% Traditional cash on cash: 5.71% Airbnb Rental Income: $1567 Traditional Rental Income: $1943 Airbnb ROI: 2.53% Traditional ROI: 5.71%
1106 N 6th Street #39 Indianola, IA Move-in ready 2nd floor condominium in Sunset Knolls. Living room with corner gas fireplac...	3 beds \| 2 baths \| 1,203 sq.ft.	$140,000	Airbnb cash on cash: 3.61% Traditional cash on cash: 9.1% Airbnb Rental Income: $1567 Traditional Rental Income: $1854 Airbnb ROI: 3.61% Traditional ROI: 9.1%
1806 E Euclid Avenue Indianola, IA Brand new carpet! Welcome home in the charming town of Indianola! This 2 story beauty was ...	3 beds \| 3 baths \| 1,554 sq.ft.	$347,500	Airbnb cash on cash: 1.88% Traditional cash on cash: 5.29% Airbnb Rental Income: $1567 Traditional Rental Income: $2229 Airbnb ROI: 1.88% Traditional ROI: 5.29%
2119 W 4th Avenue #11 Indianola, IA Simplify with 1440 sf of main floor living in this Ranch townhome that walks out to a view...	2 beds \| 3 baths \| 1,440 sq.ft.	$279,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.55% Airbnb Rental Income: $null Traditional Rental Income: $2117 Airbnb ROI: N/A Traditional ROI: 4.55%
828 Trail Ridge Road Indianola, IA New Construction Ranch Townhome built by Ground Breaker Homes next to Indianola Country Cl...	2 beds \| 2 baths \| 1,465 sq.ft.	$375,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.88% Airbnb Rental Income: $null Traditional Rental Income: $2215 Airbnb ROI: N/A Traditional ROI: 2.88%
7683 86th Lane Indianola, IA Welcome to the Scott Plan, an exceptional 1-story WALKOUT home in the prestigious Vista Ri...	5 beds \| 3 baths \| 1,817 sq.ft.	$707,500	Airbnb cash on cash: N/A Traditional cash on cash: 2.55% Airbnb Rental Income: $null Traditional Rental Income: $2548 Airbnb ROI: N/A Traditional ROI: 2.55%
812 Trail Ridge Road Indianola, IA ZERO ENTRY New Construction Ranch Townhome built by Ground Breaker Homes next to Indianola...	2 beds \| 2 baths \| 1,440 sq.ft.	$345,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.31% Airbnb Rental Income: $null Traditional Rental Income: $2203 Airbnb ROI: N/A Traditional ROI: 3.31%
8557 R63 Highway Indianola, IA Have you been dreaming of picturesque views of timber with 5+ garage stalls in the country...	3 beds \| 4 baths \| 1,792 sq.ft.	$460,000	Airbnb cash on cash: 0.37% Traditional cash on cash: 4.16% Airbnb Rental Income: $1567 Traditional Rental Income: $2751 Airbnb ROI: 0.37% Traditional ROI: 4.16%
2312 N 8th Street Indianola, IA Steger Construction presents a 5 bedroom contemporary full walkout ranch in the beautiful ...	5 beds \| 3 baths \| 1,700 sq.ft.	$564,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.94% Airbnb Rental Income: $null Traditional Rental Income: $2487 Airbnb ROI: N/A Traditional ROI: 1.94%
404 N 19th Street Indianola, IA Welcome to the Lolo with an office by Jerry's Homes, part of the Roots Collection. Jerry's...	3 beds \| 3 baths \| 1,644 sq.ft.	$369,990	Airbnb cash on cash: 0.36% Traditional cash on cash: 3.83% Airbnb Rental Income: $1567 Traditional Rental Income: $2322 Airbnb ROI: 0.36% Traditional ROI: 3.83%
405 N 19th Street Indianola, IA The builder is currently offering an incentive of $7,500 concession to be used toward appl...	3 beds \| 2 baths \| 1,408 sq.ft.	$374,990	Airbnb cash on cash: 0.32% Traditional cash on cash: 2.99% Airbnb Rental Income: $1567 Traditional Rental Income: $2059 Airbnb ROI: 0.32% Traditional ROI: 2.99%
403 N 19th Street Indianola, IA Jerry's Homes Cascade plan is where you will discover your dream home. This 3-bedroom ranc...	3 beds \| 2 baths \| 1,474 sq.ft.	$379,990	Airbnb cash on cash: 0.28% Traditional cash on cash: 2.98% Airbnb Rental Income: $1567 Traditional Rental Income: $2080 Airbnb ROI: 0.28% Traditional ROI: 2.98%
1603 E Girard Avenue Indianola, IA The builder is currently offering an incentive of $7,500 concession to be used toward appl...	3 beds \| 2 baths \| 1,474 sq.ft.	$364,990	Airbnb cash on cash: 0.43% Traditional cash on cash: 3.25% Airbnb Rental Income: $1567 Traditional Rental Income: $2081 Airbnb ROI: 0.43% Traditional ROI: 3.25%
1509 E Girard Avenue Indianola, IA Welcome to this 3 bed ranch home, part of the Roots Series by Jerry's Homes, established i...	3 beds \| 2 baths \| 1,408 sq.ft.	$354,990	Airbnb cash on cash: 0.52% Traditional cash on cash: 3.35% Airbnb Rental Income: $1567 Traditional Rental Income: $2060 Airbnb ROI: 0.52% Traditional ROI: 3.35%
508 N K Street Indianola, IA This 4 bdrm Ranch home is just waiting for you! Main level includes a large family room, 3...	4 beds \| 2 baths \| 1,008 sq.ft.	$222,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.57% Airbnb Rental Income: $null Traditional Rental Income: $1592 Airbnb ROI: N/A Traditional ROI: 4.57%
9391 110th Avenue Indianola, IA Incredible opportunity for a contemporary new construction custom ranch home in Laura's Ti...	3 beds \| 3 baths \| 1,779 sq.ft.	$749,900	Airbnb cash on cash: -1.09% Traditional cash on cash: 0.71% Airbnb Rental Income: $1567 Traditional Rental Income: $2375 Airbnb ROI: -1.09% Traditional ROI: 0.71%
6761 65 69 Highway Indianola, IA New Price for this awesome acreage on 13 plus acres in 2 parcels that include all your fav...	4 beds \| 2 baths \| 2,042 sq.ft.	$560,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.14% Airbnb Rental Income: $null Traditional Rental Income: $2525 Airbnb ROI: N/A Traditional ROI: 3.14%
23257 120th Avenue Indianola, IA Welcome to your own private paradise! This stunning ranch home sits on a sprawling 14 acre...	4 beds \| 1 baths \| 1,388 sq.ft.	$340,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.63% Airbnb Rental Income: $null Traditional Rental Income: $1776 Airbnb ROI: N/A Traditional ROI: 3.63%
1004 Scott Felton Road Indianola, IA Have you seen the Home Alone movie? This could be THAT home. It's truly a Grand 5BR, 4BA (...	5 beds \| 6 baths \| 4,516 sq.ft.	$625,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.52% Airbnb Rental Income: $null Traditional Rental Income: $6456 Airbnb ROI: N/A Traditional ROI: 7.52%
1104 E Jackson Place Indianola, IA Well-maintained 4BR, 3BA Zero Entry Walkout Ranch on .41 acre lot! Near the Bike Trail an...	4 beds \| 3 baths \| 1,412 sq.ft.	$347,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.18% Airbnb Rental Income: $null Traditional Rental Income: $2202 Airbnb ROI: N/A Traditional ROI: 4.18%
104 W 1st Avenue Indianola, IA Where do we begin? Facts: Owner is meticulous & has lived here 50+ years. Craftsman 1.5 St...	3 beds \| 3 baths \| 2,465 sq.ft.	$725,000	Airbnb cash on cash: -0.07% Traditional cash on cash: 2.68% Airbnb Rental Income: $1567 Traditional Rental Income: $2977 Airbnb ROI: -0.07% Traditional ROI: 2.68%
410 N 1st Street #202 Indianola, IA Condo living close to the Indianola Square! 2 BR, 2 BA with one car attached garage. Updat...	2 beds \| 2 baths \| 1,156 sq.ft.	$160,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.89% Airbnb Rental Income: $null Traditional Rental Income: $1805 Airbnb ROI: N/A Traditional ROI: 6.89%
105 N G Street Indianola, IA Just a few blocks from Simpson College, Indianola Downtown, Public Library, Aquatics Cente...	3 beds \| 1 baths \| 1,040 sq.ft.	$199,900	Airbnb cash on cash: 2.73% Traditional cash on cash: 5.32% Airbnb Rental Income: $1567 Traditional Rental Income: $1608 Airbnb ROI: 2.73% Traditional ROI: 5.32%
1110 N C Street Indianola, IA Spacious ranch, large fenced lot, great northside location! 3 bedrooms, 2 baths with first...	3 beds \| 2 baths \| 1,937 sq.ft.	$287,500	Airbnb cash on cash: 1.41% Traditional cash on cash: 5.9% Airbnb Rental Income: $1567 Traditional Rental Income: $2331 Airbnb ROI: 1.41% Traditional ROI: 5.9%
1007 N 1st Street Indianola, IA Ranch home with hardwood floors and several recent updates. Enjoy the new ceiling fans in ...	3 beds \| 1 baths \| 1,040 sq.ft.	$194,900	Airbnb cash on cash: 2.9% Traditional cash on cash: 4.15% Airbnb Rental Income: $1567 Traditional Rental Income: $1348 Airbnb ROI: 2.9% Traditional ROI: 4.15%
1604 N G Street Indianola, IA Quality built home by Ground Breaker Homes boasts over 2000 sf of main floor living in thi...	3 beds \| 3 baths \| 2,007 sq.ft.	$629,900	Airbnb cash on cash: -0.82% Traditional cash on cash: 1.69% Airbnb Rental Income: $1567 Traditional Rental Income: $2589 Airbnb ROI: -0.82% Traditional ROI: 1.69%
605 E Norwood Avenue Indianola, IA Welcome home to this adorable 3 bdrm/2bath split foyer built in 2012. As you walk in, a fe...	3 beds \| 2 baths \| 1,073 sq.ft.	$289,900	Airbnb cash on cash: 1.59% Traditional cash on cash: 4.35% Airbnb Rental Income: $1567 Traditional Rental Income: $1871 Airbnb ROI: 1.59% Traditional ROI: 4.35%
1506 N Apple Drive Indianola, IA NO guesswork, LIST Price by SWAIM Appraisal; beautiful updated RANCH offers comfort SPACIO...	4 beds \| 3 baths \| 1,401 sq.ft.	$400,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.29% Airbnb Rental Income: $null Traditional Rental Income: $2202 Airbnb ROI: N/A Traditional ROI: 3.29%
1306 W 13th Place Indianola, IA Introducing the Holliwell Floorplan by Ground Breaker Homes! A stunning new construction t...	4 beds \| 3 baths \| 2,223 sq.ft.	$550,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.61% Airbnb Rental Income: $null Traditional Rental Income: $2750 Airbnb ROI: N/A Traditional ROI: 2.61%
1201 Stephen Court Indianola, IA Step away from your busy life and be surrounded by this architect-designed home. Explore ...	4 beds \| 3 baths \| 2,132 sq.ft.	$320,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.48% Airbnb Rental Income: $null Traditional Rental Income: $2225 Airbnb ROI: N/A Traditional ROI: 4.48%
2310 Country Club Road Indianola, IA Welcome to this beautifully transformed acreage ranch home, ideally situated just north of...	3 beds \| 3 baths \| 1,408 sq.ft.	$425,000	Airbnb cash on cash: 0.57% Traditional cash on cash: 3.23% Airbnb Rental Income: $1567 Traditional Rental Income: $2175 Airbnb ROI: 0.57% Traditional ROI: 3.23%
405 S P Street Indianola, IA Welcome to this delightful 4-bedroom, 3-bathroom ranch-style home! Enjoy the ease of singl...	4 beds \| 3 baths \| 1,330 sq.ft.	$279,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.18% Airbnb Rental Income: $null Traditional Rental Income: $1825 Airbnb ROI: N/A Traditional ROI: 4.18%
1509 E Boston Avenue Indianola, IA Step into this stunning ranch-style home with a unique layout that is sure to wow! The spa...	4 beds \| 3 baths \| 1,476 sq.ft.	$350,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.12% Airbnb Rental Income: $null Traditional Rental Income: $2228 Airbnb ROI: N/A Traditional ROI: 4.12%
1809 W 3rd Place Indianola, IA Affordable 3 bedrm ranch with first floor laundry and updates throughout. SS appliances a...	3 beds \| 1 baths \| 1,352 sq.ft.	$229,900	Airbnb cash on cash: 2.26% Traditional cash on cash: 4.85% Airbnb Rental Income: $1567 Traditional Rental Income: $1679 Airbnb ROI: 2.26% Traditional ROI: 4.85%
12952 Ford Trail N Indianola, IA Discover your dream acreage in the sought-after Indian Hills Estates of Indianola! Set on...	4 beds \| 3 baths \| 1,591 sq.ft.	$459,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.96% Airbnb Rental Income: $null Traditional Rental Income: $2335 Airbnb ROI: N/A Traditional ROI: 2.96%
17813 R57 Highway Indianola, IA Pride of ownership in this extremely well maintained ranch. In 2014, this home was complet...	2 beds \| 1 baths \| 1,248 sq.ft.	$415,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.16% Airbnb Rental Income: $null Traditional Rental Income: $1639 Airbnb ROI: N/A Traditional ROI: 2.16%
701 W Scenic Valley Drive Indianola, IA Location, Location, Location. A home right near the Indianola Country Club on a 1/2 acre ...	4 beds \| 2 baths \| 1,597 sq.ft.	$319,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.23% Airbnb Rental Income: $null Traditional Rental Income: $2167 Airbnb ROI: N/A Traditional ROI: 4.23%

Real Estate investment in Indianola, IA

There are 59 properties for sale in the city of Indianola . The median list price in Indianola is $345,000 and the average price per square foot is $217. In November 2024, the average monthly cash on cash return in Indianola is 4.00%. The average monthly rental income in Indianola is $2,202.

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

There are 59 investment properties available for sale in Indianola.

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

The ROI for Long-Term is higher than the Short-Term in Indianola with average rental income of $2,202.

Your search for investment property begins and ends here

Investment Property for Sale in Indianola, IA

1805 Country Club Road

Indianola, IA

3 beds | 3 baths | 1,732 sq.ft.

$515,000

Airbnb cash on cash: 0.05%

Traditional cash on cash: 2.03%

Airbnb Rental Income: $1567

Traditional Rental Income: $2072

Airbnb ROI: 0.05%

Traditional ROI: 2.03%

1010 E Henderson Place

Indianola, IA

4 beds | 3 baths | 1,725 sq.ft.

$305,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.29%

Airbnb Rental Income: $null

Traditional Rental Income: $2404

Airbnb ROI: N/A

Traditional ROI: 5.29%

1502 11th Way

Indianola, IA

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

$499,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.27%

Airbnb Rental Income: $null

Traditional Rental Income: $2681

Airbnb ROI: N/A

Traditional ROI: 4.27%

407 W 1st Avenue

Indianola, IA

3 beds | 2 baths | 1,366 sq.ft.

$274,900

Airbnb cash on cash: 2.53%

Traditional cash on cash: 5.71%

Airbnb Rental Income: $1567

Traditional Rental Income: $1943

Airbnb ROI: 2.53%

Traditional ROI: 5.71%

1106 N 6th Street #39

Indianola, IA

3 beds | 2 baths | 1,203 sq.ft.

$140,000

Airbnb cash on cash: 3.61%

Traditional cash on cash: 9.1%

Airbnb Rental Income: $1567

Traditional Rental Income: $1854

Airbnb ROI: 3.61%

Traditional ROI: 9.1%

1806 E Euclid Avenue

Indianola, IA

3 beds | 3 baths | 1,554 sq.ft.

$347,500

Airbnb cash on cash: 1.88%

Traditional cash on cash: 5.29%

Airbnb Rental Income: $1567

Traditional Rental Income: $2229

Airbnb ROI: 1.88%

Traditional ROI: 5.29%

2119 W 4th Avenue #11

Indianola, IA

2 beds | 3 baths | 1,440 sq.ft.

$279,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.55%

Airbnb Rental Income: $null

Traditional Rental Income: $2117

Airbnb ROI: N/A

Traditional ROI: 4.55%

828 Trail Ridge Road

Indianola, IA

2 beds | 2 baths | 1,465 sq.ft.

$375,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.88%

Airbnb Rental Income: $null

Traditional Rental Income: $2215

Airbnb ROI: N/A