Real Estate Investment Properties for Sale in Waterloo, IA

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
404 Parkhaven Waterloo, IA On an outstanding corner lot, just shy of a quarter acre, in a quiet area sits a fantastic...	2 beds \| 1 baths \| 1,281 sq.ft.	$173,500	Airbnb cash on cash: 5.89% Traditional cash on cash: 7.83% Airbnb Rental Income: $2028 Traditional Rental Income: $1821 Airbnb ROI: 5.89% Traditional ROI: 7.83%
2133 LOGAN #1 Waterloo, IA -NO SHOWING UNLESS OFFER-ZONING R-4 next to available retail building. Close to Allen Hosp...	2 beds \| 1 baths \| 710 sq.ft.	$400,000	Airbnb cash on cash: 2.36% Traditional cash on cash: 2.87% Airbnb Rental Income: $2028 Traditional Rental Income: $1695 Airbnb ROI: 2.36% Traditional ROI: 2.87%
1617 Darby Drive Waterloo, IA Enjoy the ease of condo living in this 2016 build that offers an inviting open design floo...	3 beds \| 3 baths \| 1,352 sq.ft.	$197,500	Airbnb cash on cash: 5.66% Traditional cash on cash: 8.48% Airbnb Rental Income: $2549 Traditional Rental Income: $2465 Airbnb ROI: 5.66% Traditional ROI: 8.48%
1513 Ohio Street Waterloo, IA One Years Builder Warranty. 10 Year Structural Warranty.Open Floor Plan with Main Floor la...	4 beds \| 3 baths \| 1,701 sq.ft.	$575,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.38% Airbnb Rental Income: $null Traditional Rental Income: $2524 Airbnb ROI: N/A Traditional ROI: 3.38%
2141 logan #1-2-3-4-5 Waterloo, IA This listing offers package properties with newly remodeled units. Great for investors. Ne...	N/A beds \| N/A baths \| 1,772 sq.ft.	$499,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.18% Airbnb Rental Income: $null Traditional Rental Income: $2044 Airbnb ROI: N/A Traditional ROI: 2.18%
1002 E Ridgeway Avenue Waterloo, IA Welcome to this spacious and bright home with a flowing layout and ample windows offering ...	3 beds \| 2 baths \| 1,970 sq.ft.	$264,900	Airbnb cash on cash: 5.04% Traditional cash on cash: 7.27% Airbnb Rental Income: $2549 Traditional Rental Income: $2494 Airbnb ROI: 5.04% Traditional ROI: 7.27%
3355 Lincolnshire Road Waterloo, IA Welcome to your dream home! This stunning new construction twinhome features a two-story l...	3 beds \| 3 baths \| 1,625 sq.ft.	$334,500	Airbnb cash on cash: 3.28% Traditional cash on cash: 4.79% Airbnb Rental Income: $2549 Traditional Rental Income: $2412 Airbnb ROI: 3.28% Traditional ROI: 4.79%
3357 Lincolnshire Road Waterloo, IA FREE 2/1 BUY DOWN! Welcome to your dream home! This stunning new construction twinhome fea...	3 beds \| 4 baths \| 2,112 sq.ft.	$355,000	Airbnb cash on cash: 2.95% Traditional cash on cash: 6.56% Airbnb Rental Income: $2549 Traditional Rental Income: $3140 Airbnb ROI: 2.95% Traditional ROI: 6.56%
1325 Partridge Lane Waterloo, IA Brand new custom Cambridge floor plan by Skogman Homes. This wonderful ranch-style home of...	2 beds \| 2 baths \| 1,399 sq.ft.	$399,102	Airbnb cash on cash: 1.18% Traditional cash on cash: 3.17% Airbnb Rental Income: $2028 Traditional Rental Income: $2246 Airbnb ROI: 1.18% Traditional ROI: 3.17%
3347 Lincolnshire Road Waterloo, IA FREE 2/1 BUY DOWN! Skogman Homes is now introducing their new line of Twin Homes. Located ...	3 beds \| 3 baths \| 2,123 sq.ft.	$349,999	Airbnb cash on cash: 3.04% Traditional cash on cash: 5.52% Airbnb Rental Income: $2549 Traditional Rental Income: $2750 Airbnb ROI: 3.04% Traditional ROI: 5.52%
3345 Lincolnshire Road Waterloo, IA FREE 2/1 BUY DOWN! Skogman Homes is now introducing their new line of Twin Homes. Located ...	2 beds \| 2 baths \| 1,432 sq.ft.	$324,999	Airbnb cash on cash: 2.04% Traditional cash on cash: 4.55% Airbnb Rental Income: $2028 Traditional Rental Income: $2268 Airbnb ROI: 2.04% Traditional ROI: 4.55%
1570 Partridge Lane Waterloo, IA Welcome to your dream home! This stunning new construction ranch is situated in the desira...	5 beds \| 3 baths \| 2,878 sq.ft.	$541,500	Airbnb cash on cash: N/A Traditional cash on cash: 3.39% Airbnb Rental Income: $null Traditional Rental Income: $3110 Airbnb ROI: N/A Traditional ROI: 3.39%
1530 Partridge Lane Waterloo, IA Nearly all of the tax abatement remains! Enjoy the privacy that cornfield views have to of...	3 beds \| 2 baths \| 1,530 sq.ft.	$399,500	Airbnb cash on cash: 3.69% Traditional cash on cash: 5.6% Airbnb Rental Income: $2549 Traditional Rental Income: $2654 Airbnb ROI: 3.69% Traditional ROI: 5.6%
1925 Westchester Rd. #308 #308 Waterloo, IA There's plenty of time to make this condo your own before the snow falls this winter! Just...	2 beds \| 2 baths \| 1,302 sq.ft.	$149,900	Airbnb cash on cash: 6.93% Traditional cash on cash: 9.81% Airbnb Rental Income: $2028 Traditional Rental Income: $1913 Airbnb ROI: 6.93% Traditional ROI: 9.81%
1330 Partridge Lane Waterloo, IA Welcome to this exquisite craftsman ranch-style home that combines timeless design with mo...	4 beds \| 3 baths \| 2,753 sq.ft.	$558,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.59% Airbnb Rental Income: $null Traditional Rental Income: $3040 Airbnb ROI: N/A Traditional ROI: 4.59%
1726 Dakota Drive Waterloo, IA Situated on a spacious lot, this three-bedroom three-bath ranch features great spaces insi...	3 beds \| 3 baths \| 2,094 sq.ft.	$265,000	Airbnb cash on cash: 4.85% Traditional cash on cash: 8.03% Airbnb Rental Income: $2549 Traditional Rental Income: $2730 Airbnb ROI: 4.85% Traditional ROI: 8.03%
3307 Monticello Avenue Waterloo, IA This Split level home is all ready and waiting to be enjoyed and loved by its new owner! A...	5 beds \| 1 baths \| 2,351 sq.ft.	$265,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.34% Airbnb Rental Income: $null Traditional Rental Income: $2202 Airbnb ROI: N/A Traditional ROI: 5.34%
6511 N Elk Run Road Waterloo, IA Tranquility awaits at this unique property. This 3 bedroom, 2 bath acreage has everything ...	3 beds \| 3 baths \| 1,456 sq.ft.	$289,900	Airbnb cash on cash: 4.71% Traditional cash on cash: 7.62% Airbnb Rental Income: $2549 Traditional Rental Income: $2731 Airbnb ROI: 4.71% Traditional ROI: 7.62%
5829 Blue Sage Road Waterloo, IA Welcome home! Step into this well maintained home, which has had new carpet put in the bas...	3 beds \| 3 baths \| 2,762 sq.ft.	$254,900	Airbnb cash on cash: 5.09% Traditional cash on cash: 9.04% Airbnb Rental Income: $2549 Traditional Rental Income: $2885 Airbnb ROI: 5.09% Traditional ROI: 9.04%
614 WILSHIRE Avenue Waterloo, IA MOVE-IN READY! Step into this beautifully updated 4-bedroom ranch home in Waterloo. Nestle...	4 beds \| 3 baths \| 2,310 sq.ft.	$305,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.01% Airbnb Rental Income: $null Traditional Rental Income: $3003 Airbnb ROI: N/A Traditional ROI: 8.01%
2056 Ansborough Avenue Waterloo, IA Welcome to well maintained Waterloo home. The large bright living room with patio doors se...	3 beds \| 1 baths \| 1,952 sq.ft.	$159,900	Airbnb cash on cash: 9.17% Traditional cash on cash: 10.31% Airbnb Rental Income: $2549 Traditional Rental Income: $2110 Airbnb ROI: 9.17% Traditional ROI: 10.31%
822 Belle Street Waterloo, IA Hard to find two to three bedroom ranch style home located in the desirable Cedar Terrace ...	3 beds \| 1 baths \| 1,884 sq.ft.	$178,800	Airbnb cash on cash: 7.91% Traditional cash on cash: 9.54% Airbnb Rental Income: $2549 Traditional Rental Income: $2212 Airbnb ROI: 7.91% Traditional ROI: 9.54%
131 Sunbird Court Waterloo, IA The Westfield II by Skogman Homes. This wonderful ranch-style home offers 3 bedrooms and 2...	5 beds \| 3 baths \| 2,531 sq.ft.	$460,893	Airbnb cash on cash: N/A Traditional cash on cash: 3.15% Airbnb Rental Income: $null Traditional Rental Income: $2564 Airbnb ROI: N/A Traditional ROI: 3.15%
141 Prospect Boulevard Waterloo, IA Located on Waterloo's most iconic street, the beautiful Prospect Boulevard. This affordabl...	3 beds \| 2 baths \| 1,618 sq.ft.	$169,000	Airbnb cash on cash: 8.14% Traditional cash on cash: 11.21% Airbnb Rental Income: $2549 Traditional Rental Income: $2430 Airbnb ROI: 8.14% Traditional ROI: 11.21%
1416 Partridge Lane Waterloo, IA Introducing this stunning new construction 2-story home in Audubon Heights, situated on a...	5 beds \| 4 baths \| 3,223 sq.ft.	$569,040	Airbnb cash on cash: N/A Traditional cash on cash: 5.75% Airbnb Rental Income: $null Traditional Rental Income: $3831 Airbnb ROI: N/A Traditional ROI: 5.75%
3717 Pheasant Lane #3 Waterloo, IA Let others handle the snow and grass. Ranch style condo with 2 generous bedrooms and open ...	2 beds \| 2 baths \| 1,024 sq.ft.	$159,000	Airbnb cash on cash: 5.79% Traditional cash on cash: 5.35% Airbnb Rental Income: $2028 Traditional Rental Income: $1434 Airbnb ROI: 5.79% Traditional ROI: 5.35%
3633 Pheasant Lane #6 Waterloo, IA Come make Pheasant Meadows Condos your new home! Clean 2 bedroom, 1 bath condo with a one ...	2 beds \| 1 baths \| 915 sq.ft.	$130,000	Airbnb cash on cash: 7.31% Traditional cash on cash: 9.4% Airbnb Rental Income: $2028 Traditional Rental Income: $1762 Airbnb ROI: 7.31% Traditional ROI: 9.4%
120 Cathy Jean Court Waterloo, IA Experience the best of condo living in this beautifully designed home near Sunnyside Count...	2 beds \| 2 baths \| 1,479 sq.ft.	$349,900	Airbnb cash on cash: 2.61% Traditional cash on cash: 5.2% Airbnb Rental Income: $2028 Traditional Rental Income: $2353 Airbnb ROI: 2.61% Traditional ROI: 5.2%
114 Sunbird Court Waterloo, IA This sensational home offers the feel of new construction without the hassle of building! ...	4 beds \| 3 baths \| 2,277 sq.ft.	$489,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.97% Airbnb Rental Income: $null Traditional Rental Income: $2856 Airbnb ROI: N/A Traditional ROI: 4.97%
1129 Maxine Avenue Waterloo, IA Quaint, charming and adorable are just a few words to describe this very well maintained r...	2 beds \| 1 baths \| 1,078 sq.ft.	$158,500	Airbnb cash on cash: 6.62% Traditional cash on cash: 8.26% Airbnb Rental Income: $2028 Traditional Rental Income: $1750 Airbnb ROI: 6.62% Traditional ROI: 8.26%
1205 Wren Road Waterloo, IA Price Reduced! Sprawling 1 story home with 1344 Sq Ft. 3 large bedrooms, master bath and ...	3 beds \| 2 baths \| 1,344 sq.ft.	$170,000	Airbnb cash on cash: 9.07% Traditional cash on cash: 10.09% Airbnb Rental Income: $2549 Traditional Rental Income: $2100 Airbnb ROI: 9.07% Traditional ROI: 10.09%
3106 W 4th Street Waterloo, IA Neat & Clean and Move-in Ready! This 4-level split offers new finishes, great spaces and a...	3 beds \| 3 baths \| 1,749 sq.ft.	$232,000	Airbnb cash on cash: 5.87% Traditional cash on cash: 5.69% Airbnb Rental Income: $2549 Traditional Rental Income: $1897 Airbnb ROI: 5.87% Traditional ROI: 5.69%
136 Valley Road Waterloo, IA You do not want to miss out on this newly renovated 4 bedroom 2 bathroom ranch style home!...	4 beds \| 2 baths \| 2,020 sq.ft.	$244,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.53% Airbnb Rental Income: $null Traditional Rental Income: $2623 Airbnb ROI: N/A Traditional ROI: 8.53%
4212 Mourning Dove Drive Waterloo, IA Welcome to 4212 Mourning Dove Dr., a stunning condo nestled in the desirable Prairie Meado...	3 beds \| 3 baths \| 1,516 sq.ft.	$209,900	Airbnb cash on cash: 6.29% Traditional cash on cash: 8.18% Airbnb Rental Income: $2549 Traditional Rental Income: $2312 Airbnb ROI: 6.29% Traditional ROI: 8.18%
3140 W 4th Street Waterloo, IA Situated on a stately corner lot, this inviting ranch style home is brimming with characte...	3 beds \| 2 baths \| 2,559 sq.ft.	$225,000	Airbnb cash on cash: 5.41% Traditional cash on cash: 8.61% Airbnb Rental Income: $2549 Traditional Rental Income: $2617 Airbnb ROI: 5.41% Traditional ROI: 8.61%
4167 North Avenue Waterloo, IA More pictures will be coming soon. Rural living on the fringe of Waterloo. Located in The ...	3 beds \| 2 baths \| 912 sq.ft.	$160,000	Airbnb cash on cash: 9.57% Traditional cash on cash: 10.11% Airbnb Rental Income: $2549 Traditional Rental Income: $2017 Airbnb ROI: 9.57% Traditional ROI: 10.11%
3513 Inverness Road Waterloo, IA Here is your chance to own a one-of-a-kind offering across from Sunnyside Golf Course! Dis...	5 beds \| 5 baths \| 3,844 sq.ft.	$497,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.51% Airbnb Rental Income: $null Traditional Rental Income: $5378 Airbnb ROI: N/A Traditional ROI: 8.51%
566 Sheridan Road Waterloo, IA Welcome to 566 Sheridan Rd. This stunning 3-4 bedroom residence is bathed in natural light...	4 beds \| 2 baths \| 2,260 sq.ft.	$309,950	Airbnb cash on cash: N/A Traditional cash on cash: 6.78% Airbnb Rental Income: $null Traditional Rental Income: $2928 Airbnb ROI: N/A Traditional ROI: 6.78%
1228 Maynard Avenue Waterloo, IA This charming 1-1/2 story is calling you home! New concrete steps lead you into the home....	4 beds \| 2 baths \| 1,557 sq.ft.	$189,500	Airbnb cash on cash: N/A Traditional cash on cash: 9.99% Airbnb Rental Income: $null Traditional Rental Income: $2380 Airbnb ROI: N/A Traditional ROI: 9.99%
616 Kingsley Avenue Waterloo, IA Step inside this charming 3-bedroom, 2-bath home and enjoy a blend of modern updates and o...	3 beds \| 2 baths \| 1,612 sq.ft.	$168,900	Airbnb cash on cash: 8.75% Traditional cash on cash: 11.42% Airbnb Rental Income: $2549 Traditional Rental Income: $2366 Airbnb ROI: 8.75% Traditional ROI: 11.42%

Real Estate investment in Waterloo, IA

There are 86 properties for sale in the city of Waterloo . The median list price in Waterloo is $176,850 and the average price per square foot is $104. In December 2024, the average monthly cash on cash return in Waterloo is 9.00%. The average monthly rental income in Waterloo is $2,252.

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

There are 86 investment properties available for sale in Waterloo.

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

The ROI for Long-Term is higher than the Short-Term in Waterloo with average rental income of $2,252.

Your search for investment property begins and ends here

Investment Property for Sale in Waterloo, IA

404 Parkhaven

Waterloo, IA

2 beds | 1 baths | 1,281 sq.ft.

$173,500

Airbnb cash on cash: 5.89%

Traditional cash on cash: 7.83%

Airbnb Rental Income: $2028

Traditional Rental Income: $1821

Airbnb ROI: 5.89%

Traditional ROI: 7.83%

2133 LOGAN #1

Waterloo, IA

2 beds | 1 baths | 710 sq.ft.

$400,000

Airbnb cash on cash: 2.36%

Traditional cash on cash: 2.87%

Airbnb Rental Income: $2028

Traditional Rental Income: $1695

Airbnb ROI: 2.36%

Traditional ROI: 2.87%

1617 Darby Drive

Waterloo, IA

3 beds | 3 baths | 1,352 sq.ft.

$197,500

Airbnb cash on cash: 5.66%

Traditional cash on cash: 8.48%

Airbnb Rental Income: $2549

Traditional Rental Income: $2465

Airbnb ROI: 5.66%

Traditional ROI: 8.48%

1513 Ohio Street

Waterloo, IA

4 beds | 3 baths | 1,701 sq.ft.

$575,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.38%

Airbnb Rental Income: $null

Traditional Rental Income: $2524

Airbnb ROI: N/A

Traditional ROI: 3.38%

2141 logan #1-2-3-4-5

Waterloo, IA

N/A beds | N/A baths | 1,772 sq.ft.

$499,900

Airbnb cash on cash: N/A

Traditional cash on cash: 2.18%

Airbnb Rental Income: $null

Traditional Rental Income: $2044

Airbnb ROI: N/A

Traditional ROI: 2.18%

1002 E Ridgeway Avenue

Waterloo, IA

3 beds | 2 baths | 1,970 sq.ft.

$264,900

Airbnb cash on cash: 5.04%

Traditional cash on cash: 7.27%

Airbnb Rental Income: $2549

Traditional Rental Income: $2494

Airbnb ROI: 5.04%

Traditional ROI: 7.27%

3355 Lincolnshire Road

Waterloo, IA

3 beds | 3 baths | 1,625 sq.ft.

$334,500

Airbnb cash on cash: 3.28%

Traditional cash on cash: 4.79%

Airbnb Rental Income: $2549

Traditional Rental Income: $2412

Airbnb ROI: 3.28%

Traditional ROI: 4.79%

3357 Lincolnshire Road

Waterloo, IA

3 beds | 4 baths | 2,112 sq.ft.

$355,000

Airbnb cash on cash: 2.95%

Traditional cash on cash: 6.56%

Airbnb Rental Income: $2549

Traditional Rental Income: $3140

Airbnb ROI: 2.95%