Real Estate Investment Properties for Sale in Waterloo, IL

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
210 W 4th Street Waterloo, IL Step into the charm and character of this spacious historic two-story home, ideally locate...	4 beds \| 2 baths \| 2,060 sq.ft.	$280,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.69% Airbnb Rental Income: $null Traditional Rental Income: $1975 Airbnb ROI: N/A Traditional ROI: 4.69%
512 Hayden Drive Waterloo, IL Discover the opportunity to own a beautiful, thoughtfully designed 3-bedroom, 2-bathroom h...	3 beds \| 2 baths \| 1,639 sq.ft.	$479,900	Airbnb cash on cash: 1.08% Traditional cash on cash: 1.37% Airbnb Rental Income: $2698 Traditional Rental Income: $2189 Airbnb ROI: 1.08% Traditional ROI: 1.37%
458 N Library Street Waterloo, IL If you've been looking for a home with space, updates, and a little something extra, this ...	3 beds \| 1 baths \| 1,797 sq.ft.	$212,500	Airbnb cash on cash: 7.21% Traditional cash on cash: 3.58% Airbnb Rental Income: $2698 Traditional Rental Income: $1328 Airbnb ROI: 7.21% Traditional ROI: 3.58%
6107 Briar Trail Waterloo, IL Welcome to your own private retreat on 2.5 acres! Tucked away on a quiet cul-de-sac in an ...	4 beds \| 3 baths \| 3,068 sq.ft.	$489,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.32% Airbnb Rental Income: $null Traditional Rental Income: $2314 Airbnb ROI: N/A Traditional ROI: 2.32%
745 N Market Street Waterloo, IL Beautifully remodeled and full of charm, this full-brick ranch offers comfortable living, ...	3 beds \| 2 baths \| 1,762 sq.ft.	$329,000	Airbnb cash on cash: 4.13% Traditional cash on cash: 4.18% Airbnb Rental Income: $2698 Traditional Rental Income: $2075 Airbnb ROI: 4.13% Traditional ROI: 4.18%
1017 Waymaker Lane Waterloo, IL Visit the Display Home Open House at 1013 Waymaker Ln, Waterloo, IL. New Construction: Cus...	3 beds \| 2 baths \| 1,878 sq.ft.	$436,550	Airbnb cash on cash: 1.56% Traditional cash on cash: 1.54% Airbnb Rental Income: $2698 Traditional Rental Income: $2049 Airbnb ROI: 1.56% Traditional ROI: 1.54%
951 Forbs Drive Waterloo, IL New construction home in the desirable Quail Ridge subdivision, located directly across fr...	3 beds \| 2 baths \| 1,731 sq.ft.	$439,900	Airbnb cash on cash: 1.34% Traditional cash on cash: 1.29% Airbnb Rental Income: $2698 Traditional Rental Income: $2040 Airbnb ROI: 1.34% Traditional ROI: 1.29%
1033 Turtle Dove Trail Waterloo, IL Lakefront living at its Finest-Private dock, Stunning views & exceptional space make this ...	4 beds \| 4 baths \| 3,069 sq.ft.	$424,999	Airbnb cash on cash: N/A Traditional cash on cash: 2.45% Airbnb Rental Income: $null Traditional Rental Income: $2097 Airbnb ROI: N/A Traditional ROI: 2.45%
1981 Kk Road Waterloo, IL Welcome to one of the most extraordinary and truly one-of-a-kind properties you will ever ...	3 beds \| 2 baths \| 2,200 sq.ft.	$1,199,000	Airbnb cash on cash: 0.27% Traditional cash on cash: 0.15% Airbnb Rental Income: $2698 Traditional Rental Income: $1926 Airbnb ROI: 0.27% Traditional ROI: 0.15%
202 E 1st Street Waterloo, IL Investment opportunity!! This 1 1/2 story duplex is conveniently located in downtown Water...	4 beds \| 2 baths \| 1,396 sq.ft.	$210,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.18% Airbnb Rental Income: $null Traditional Rental Income: $1280 Airbnb ROI: N/A Traditional ROI: 3.18%
1521 Rachael Lane Waterloo, IL MISSION: Find a home that's actually move-in ready. STATUS: Accomplished. Built in 2015, t...	4 beds \| 3 baths \| 2,452 sq.ft.	$370,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.76% Airbnb Rental Income: $null Traditional Rental Income: $2279 Airbnb ROI: N/A Traditional ROI: 3.76%
8718 D Road Waterloo, IL Welcome to 8718 D. Road, Waterloo, IL - Where Home, Hobby & Opportunity Come Together! Why...	3 beds \| 3 baths \| 2,328 sq.ft.	$549,900	Airbnb cash on cash: 1.38% Traditional cash on cash: 1.02% Airbnb Rental Income: $2698 Traditional Rental Income: $1873 Airbnb ROI: 1.38% Traditional ROI: 1.02%
708 S Library Street Waterloo, IL $15,000 below market value and loaded with potential. Solid home needing a little TLC, wit...	3 beds \| 2 baths \| 2,076 sq.ft.	$260,000	Airbnb cash on cash: 5.16% Traditional cash on cash: 4.58% Airbnb Rental Income: $2698 Traditional Rental Income: $1918 Airbnb ROI: 5.16% Traditional ROI: 4.58%
6120 Old Baum Church Road Waterloo, IL Custom-built and owned by the same person since it was built, this impressive three-bedroo...	3 beds \| 4 baths \| 4,900 sq.ft.	$525,000	Airbnb cash on cash: 1.15% Traditional cash on cash: 0.41% Airbnb Rental Income: $2698 Traditional Rental Income: $1696 Airbnb ROI: 1.15% Traditional ROI: 0.41%
600 Covington Drive Waterloo, IL Welcome to 600 Covington Drive, located in the beautiful Remlok Subdivision in Waterloo! B...	4 beds \| 4 baths \| 4,100 sq.ft.	$888,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.21% Airbnb Rental Income: $null Traditional Rental Income: $2263 Airbnb ROI: N/A Traditional ROI: 0.21%
4176 State Route 156 Waterloo, IL A truly unique opportunity offering the perfect combination of beautifully renovated livin...	3 beds \| 4 baths \| 3,406 sq.ft.	$599,000	Airbnb cash on cash: 1.38% Traditional cash on cash: 3.01% Airbnb Rental Income: $2698 Traditional Rental Income: $2970 Airbnb ROI: 1.38% Traditional ROI: 3.01%
910 Taylor Drive Waterloo, IL Extraordinary, custom craftsmanship, thoughtful design, and comfortable living come togeth...	4 beds \| 3 baths \| 2,540 sq.ft.	$520,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.8% Airbnb Rental Income: $null Traditional Rental Income: $2350 Airbnb ROI: N/A Traditional ROI: 1.8%
309 N Moore Street Waterloo, IL A little character, a great location, and plenty of potential! Located just minutes from d...	3 beds \| 1 baths \| 1,121 sq.ft.	$189,900	Airbnb cash on cash: 8.48% Traditional cash on cash: 4.55% Airbnb Rental Income: $2698 Traditional Rental Income: $1351 Airbnb ROI: 8.48% Traditional ROI: 4.55%
513 N Moore Street Waterloo, IL Back on Market! Buyer unable to obtain financing. Welcome home to this well-maintained 3-b...	3 beds \| 2 baths \| 1,176 sq.ft.	$219,500	Airbnb cash on cash: 8.12% Traditional cash on cash: 4.93% Airbnb Rental Income: $2698 Traditional Rental Income: $1397 Airbnb ROI: 8.12% Traditional ROI: 4.93%
1139 Waymaker Lane Waterloo, IL Welcome to The Wren at Silver Creek Crossing, a thoughtfully designed new construction hom...	3 beds \| 2 baths \| 1,670 sq.ft.	$480,000	Airbnb cash on cash: 1.13% Traditional cash on cash: 0.54% Airbnb Rental Income: $2698 Traditional Rental Income: $1794 Airbnb ROI: 1.13% Traditional ROI: 0.54%
8329 Andy Road Waterloo, IL 17.4 Acres of Country Charm, Endless Possibilities & Room to Roam! If you've been dreaming...	4 beds \| 3 baths \| 1,895 sq.ft.	$495,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.06% Airbnb Rental Income: $null Traditional Rental Income: $2856 Airbnb ROI: N/A Traditional ROI: 4.06%
1013 Waymaker Lane Waterloo, IL The Display Home at Silver Creek Crossing is Now Available! Don't miss this rare opportuni...	3 beds \| 2 baths \| 1,878 sq.ft.	$508,000	Airbnb cash on cash: 0.89% Traditional cash on cash: 0.15% Airbnb Rental Income: $2698 Traditional Rental Income: $1706 Airbnb ROI: 0.89% Traditional ROI: 0.15%
715 Legion Drive Waterloo, IL Welcome to this full brick home in a great Waterloo location, offering a comfortable layou...	3 beds \| 3 baths \| 2,887 sq.ft.	$345,000	Airbnb cash on cash: 3.56% Traditional cash on cash: 5.29% Airbnb Rental Income: $2698 Traditional Rental Income: $2619 Airbnb ROI: 3.56% Traditional ROI: 5.29%
1133 Kirk LN Waterloo, IL New construction ranch in the sought-after Remington Ridge subdivision, conveniently locat...	3 beds \| 3 baths \| 1,895 sq.ft.	$575,000	Airbnb cash on cash: 0.41% Traditional cash on cash: 0.18% Airbnb Rental Income: $2698 Traditional Rental Income: $1937 Airbnb ROI: 0.41% Traditional ROI: 0.18%
902 Evansville Avenue Waterloo, IL Welcome home to this full-brick ranch on Evansville Avenue in Waterloo! Offering a comfort...	3 beds \| 2 baths \| 2,491 sq.ft.	$267,500	Airbnb cash on cash: 5.15% Traditional cash on cash: 6.18% Airbnb Rental Income: $2698 Traditional Rental Income: $2319 Airbnb ROI: 5.15% Traditional ROI: 6.18%
5842 Deer Hill Road Waterloo, IL If privacy, acreage, and a peaceful setting are on your wish list, this all-brick ranch ne...	3 beds \| 2 baths \| 1,584 sq.ft.	$399,900	Airbnb cash on cash: 3.03% Traditional cash on cash: 2.56% Airbnb Rental Income: $2698 Traditional Rental Income: $1884 Airbnb ROI: 3.03% Traditional ROI: 2.56%
403 S Moore Street Waterloo, IL Looking for a home with character, a great location, and a covered patio you'll actually u...	3 beds \| 1 baths \| 1,104 sq.ft.	$200,000	Airbnb cash on cash: 7.67% Traditional cash on cash: 3.68% Airbnb Rental Income: $2698 Traditional Rental Income: $1302 Airbnb ROI: 7.67% Traditional ROI: 3.68%
516 Hayden Drive Waterloo, IL Experience contemporary living at its finest in this stunning new construction home, thoug...	3 beds \| 2 baths \| 1,782 sq.ft.	$499,900	Airbnb cash on cash: 0.91% Traditional cash on cash: 1.15% Airbnb Rental Income: $2698 Traditional Rental Income: $2175 Airbnb ROI: 0.91% Traditional ROI: 1.15%
704 Ridge Road Waterloo, IL Welcome home to this spacious 2-bedroom, 3-bath condo offering an open floor plan, plenty ...	2 beds \| 3 baths \| 1,681 sq.ft.	$300,000	Airbnb cash on cash: 3.68% Traditional cash on cash: 3.54% Airbnb Rental Income: $2490 Traditional Rental Income: $1845 Airbnb ROI: 3.68% Traditional ROI: 3.54%

Real Estate investment in Waterloo, IL

There are 41 properties for sale in the city of Waterloo . The median list price in Waterloo is $334,841 and the average price per square foot is $194. In November 2026, the average monthly cash on cash return in Waterloo is 2.00%. The average monthly rental income in Waterloo is $1,937.

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

There are 41 investment properties available for sale in Waterloo.

In 2026, the best neighborhood to buy investment property is Waterloo.

The ROI for Short-Term is higher than the Long-Term in Waterloo with average rental income of $2,698.

Your search for investment property begins and ends here

Investment Property for Sale in Waterloo, IL

210 W 4th Street

Waterloo, IL

4 beds | 2 baths | 2,060 sq.ft.

$280,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.69%

Airbnb Rental Income: $null

Traditional Rental Income: $1975

Airbnb ROI: N/A

Traditional ROI: 4.69%

512 Hayden Drive

Waterloo, IL

3 beds | 2 baths | 1,639 sq.ft.

$479,900

Airbnb cash on cash: 1.08%

Traditional cash on cash: 1.37%

Airbnb Rental Income: $2698

Traditional Rental Income: $2189

Airbnb ROI: 1.08%

Traditional ROI: 1.37%

458 N Library Street

Waterloo, IL

3 beds | 1 baths | 1,797 sq.ft.

$212,500

Airbnb cash on cash: 7.21%

Traditional cash on cash: 3.58%

Airbnb Rental Income: $2698

Traditional Rental Income: $1328

Airbnb ROI: 7.21%

Traditional ROI: 3.58%

6107 Briar Trail

Waterloo, IL

4 beds | 3 baths | 3,068 sq.ft.

$489,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.32%

Airbnb Rental Income: $null

Traditional Rental Income: $2314

Airbnb ROI: N/A

Traditional ROI: 2.32%

745 N Market Street

Waterloo, IL

3 beds | 2 baths | 1,762 sq.ft.

$329,000

Airbnb cash on cash: 4.13%

Traditional cash on cash: 4.18%

Airbnb Rental Income: $2698

Traditional Rental Income: $2075

Airbnb ROI: 4.13%

Traditional ROI: 4.18%

1017 Waymaker Lane

Waterloo, IL

3 beds | 2 baths | 1,878 sq.ft.

$436,550

Airbnb cash on cash: 1.56%

Traditional cash on cash: 1.54%

Airbnb Rental Income: $2698

Traditional Rental Income: $2049

Airbnb ROI: 1.56%

Traditional ROI: 1.54%

951 Forbs Drive

Waterloo, IL

3 beds | 2 baths | 1,731 sq.ft.

$439,900

Airbnb cash on cash: 1.34%

Traditional cash on cash: 1.29%

Airbnb Rental Income: $2698

Traditional Rental Income: $2040

Airbnb ROI: 1.34%

Traditional ROI: 1.29%

1033 Turtle Dove Trail

Waterloo, IL

4 beds | 4 baths | 3,069 sq.ft.

$424,999

Airbnb cash on cash: N/A

Traditional cash on cash: 2.45%

Airbnb Rental Income: $null

Traditional Rental Income: $2097

Airbnb ROI: N/A