Real Estate Investment Properties for Sale in Cedar Falls, IA

Looking for investment property in Cedar Falls, IA with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1916 Rainbow Drive Cedar Falls, IA Charming Cedar Heights two-story home filled with timeless character and warmth. From the ...	2 beds \| 2 baths \| 1,446 sq.ft.	$225,000	Airbnb cash on cash: 1.04% Traditional cash on cash: 8% Airbnb Rental Income: $1190 Traditional Rental Income: $2286 Airbnb ROI: 1.04% Traditional ROI: 8%
3120 Waterbury Drive Cedar Falls, IA Simply sensational! This exceptional 2021 custom-built home in sought after Lexington Heig...	4 beds \| 3 baths \| 3,347 sq.ft.	$815,000	Airbnb cash on cash: -1.01% Traditional cash on cash: 1.81% Airbnb Rental Income: $1344 Traditional Rental Income: $3073 Airbnb ROI: -1.01% Traditional ROI: 1.81%
214-216 N Francis Cedar Falls, IA Investors Dream: Modern Duplex in Cedar Falls! Introducing a fantastic investment oppo...	6 beds \| N/A baths \| N/A	$579,000	Airbnb cash on cash: -0.19% Traditional cash on cash: 1.52% Airbnb Rental Income: $1418 Traditional Rental Income: $1915 Airbnb ROI: -0.19% Traditional ROI: 1.52%
4209 Thresher Court Cedar Falls, IA Welcome to this inviting ranch-style home that combines comfort, functionality, and style....	4 beds \| 3 baths \| 2,815 sq.ft.	$456,000	Airbnb cash on cash: -0.32% Traditional cash on cash: 4.91% Airbnb Rental Income: $1344 Traditional Rental Income: $3163 Airbnb ROI: -0.32% Traditional ROI: 4.91%
713 Spruce Needle Lane Cedar Falls, IA New construction townhome in a wonderful location, private views with trees and green spac...	3 beds \| 2 baths \| 1,500 sq.ft.	$279,900	Airbnb cash on cash: -0.7% Traditional cash on cash: 5.92% Airbnb Rental Income: $1158 Traditional Rental Income: $2523 Airbnb ROI: -0.7% Traditional ROI: 5.92%
405 Golden Lane Cedar Falls, IA Step inside this townhome and be amazed at the efficient use of space. The 9' ceilings and...	2 beds \| 1 baths \| 1,382 sq.ft.	$378,500	Airbnb cash on cash: -0.82% Traditional cash on cash: 3.08% Airbnb Rental Income: $1190 Traditional Rental Income: $2189 Airbnb ROI: -0.82% Traditional ROI: 3.08%
4015 Cedar Heights Drive unit: 11 #11 Cedar Falls, IA LGC is excited to offer the second building of Creekside Luxury Condos! Customize now for ...	2 beds \| 2 baths \| 1,411 sq.ft.	$294,900	Airbnb cash on cash: -0.78% Traditional cash on cash: 4.95% Airbnb Rental Income: $1190 Traditional Rental Income: $2392 Airbnb ROI: -0.78% Traditional ROI: 4.95%
455 Autumn Lane unit: 5 #5 Cedar Falls, IA New construction condo that features 9' ceilings and an open floor plan. Master suite with...	2 beds \| 2 baths \| 1,562 sq.ft.	$303,900	Airbnb cash on cash: -0.85% Traditional cash on cash: 5.5% Airbnb Rental Income: $1190 Traditional Rental Income: $2620 Airbnb ROI: -0.85% Traditional ROI: 5.5%
832 Clay Street Cedar Falls, IA These pictures are from a home in the same developement. Basement finish is depicted as an...	2 beds \| 2 baths \| 1,478 sq.ft.	$399,494	Airbnb cash on cash: -1.18% Traditional cash on cash: 2.94% Airbnb Rental Income: $1190 Traditional Rental Income: $2345 Airbnb ROI: -1.18% Traditional ROI: 2.94%
4015 Cedar Heights Drive unit: 4 #4 Cedar Falls, IA LGC is excited to offer the second building of Creekside Luxury Condos! Customize now for ...	2 beds \| 2 baths \| 1,286 sq.ft.	$274,900	Airbnb cash on cash: -2.66% Traditional cash on cash: 3.51% Airbnb Rental Income: $1190 Traditional Rental Income: $2400 Airbnb ROI: -2.66% Traditional ROI: 3.51%
4408 Granite Ridge Road Cedar Falls, IA Welcome to this stunning new construction ranch-style home! With 1,906 sq. ft. on the main...	4 beds \| 3 baths \| 3,119 sq.ft.	$595,000	Airbnb cash on cash: -1.08% Traditional cash on cash: 2.86% Airbnb Rental Income: $1344 Traditional Rental Income: $3122 Airbnb ROI: -1.08% Traditional ROI: 2.86%
2503 Olive Street Cedar Falls, IA Located just one block from UNI campus, this investment property generates consistent reve...	8 beds \| N/A baths \| N/A	$312,500	Airbnb cash on cash: 0.89% Traditional cash on cash: 2.79% Airbnb Rental Income: $1418 Traditional Rental Income: $1553 Airbnb ROI: 0.89% Traditional ROI: 2.79%
4015 Cedar Heights Drive unit: 6 #6 Cedar Falls, IA LGC is excited to offer the second building of Creekside Luxury Condos! Customize now for ...	2 beds \| 2 baths \| 1,332 sq.ft.	$274,900	Airbnb cash on cash: -0.65% Traditional cash on cash: 6.41% Airbnb Rental Income: $1190 Traditional Rental Income: $2631 Airbnb ROI: -0.65% Traditional ROI: 6.41%
1021 Lake Ridge Drive Cedar Falls, IA Welcome to 1021 Lake Ridge Drive - A Rare Gem in The Ridges Addition Nestled in the presti...	3 beds \| 3 baths \| 2,497 sq.ft.	$410,000	Airbnb cash on cash: -1.46% Traditional cash on cash: 4.19% Airbnb Rental Income: $1158 Traditional Rental Income: $2949 Airbnb ROI: -1.46% Traditional ROI: 4.19%
5417 Fernwood Drive Cedar Falls, IA This stunning new construction ranch is situated in the desirable Arbors subdivision offer...	3 beds \| 2 baths \| 1,716 sq.ft.	$475,000	Airbnb cash on cash: -1.04% Traditional cash on cash: 2.95% Airbnb Rental Income: $1158 Traditional Rental Income: $2549 Airbnb ROI: -1.04% Traditional ROI: 2.95%
4528 Sonoma Drive Cedar Falls, IA Welcome to this beautifully designed new construction home by Skogman Homes, featuring the...	2 beds \| 2 baths \| 1,408 sq.ft.	$430,000	Airbnb cash on cash: 0.67% Traditional cash on cash: 4.87% Airbnb Rental Income: $1190 Traditional Rental Income: $2494 Airbnb ROI: 0.67% Traditional ROI: 4.87%
4329 Berry Hill Road Cedar Falls, IA Awesome Autumn Ridge offering! Welcome home to this beautiful 5 bedroom, 3 bathroom home n...	5 beds \| 3 baths \| 2,876 sq.ft.	$464,900	Airbnb cash on cash: -0.26% Traditional cash on cash: 4.73% Airbnb Rental Income: $1418 Traditional Rental Income: $3163 Airbnb ROI: -0.26% Traditional ROI: 4.73%
4032 Wynnewood Drive Cedar Falls, IA Incredible design throughout! This sprawling ranch style home boasts multiple living space...	5 beds \| 3 baths \| 4,548 sq.ft.	$668,900	Airbnb cash on cash: -0.75% Traditional cash on cash: 2.86% Airbnb Rental Income: $1418 Traditional Rental Income: $3243 Airbnb ROI: -0.75% Traditional ROI: 2.86%
1522 Pebble Stone Place Cedar Falls, IA Welcome to the home of your dreams in Cedar Falls! This stunning new construction ranch bo...	5 beds \| 3 baths \| 2,781 sq.ft.	$699,945	Airbnb cash on cash: 0.3% Traditional cash on cash: 3.61% Airbnb Rental Income: $1418 Traditional Rental Income: $3157 Airbnb ROI: 0.3% Traditional ROI: 3.61%
435 Autumn Lane unit: 2 #2 Cedar Falls, IA New construction condo that features 9' ceilings and an open floor plan. Construction is s...	2 beds \| 2 baths \| 1,562 sq.ft.	$313,900	Airbnb cash on cash: -0.9% Traditional cash on cash: 5.17% Airbnb Rental Income: $1190 Traditional Rental Income: $2595 Airbnb ROI: -0.9% Traditional ROI: 5.17%
4207 Jakob Circle Cedar Falls, IA Step into unparalleled luxury with this stunning, one-of-a-kind custom built, ranch-style ...	5 beds \| 3 baths \| 4,013 sq.ft.	$759,000	Airbnb cash on cash: -1% Traditional cash on cash: 3.35% Airbnb Rental Income: $1418 Traditional Rental Income: $4071 Airbnb ROI: -1% Traditional ROI: 3.35%
3413 Pheasant Drive Cedar Falls, IA If you haven't seen this home yet, then you are truly missing out on a hidden gem. This sp...	4 beds \| 3 baths \| 4,300 sq.ft.	$625,000	Airbnb cash on cash: -0.63% Traditional cash on cash: 3.43% Airbnb Rental Income: $1344 Traditional Rental Income: $3299 Airbnb ROI: -0.63% Traditional ROI: 3.43%
2825 Autumn Woods Drive Cedar Falls, IA Welcome to The Craftsman, a stunning new construction home by Skogman Homes in The Arbors....	5 beds \| 3 baths \| 3,003 sq.ft.	$625,000	Airbnb cash on cash: -1.03% Traditional cash on cash: 2.82% Airbnb Rental Income: $1418 Traditional Rental Income: $3240 Airbnb ROI: -1.03% Traditional ROI: 2.82%
219 Cordoba Cedar Falls, IA Immediate Possession! Modern Comfort Meets Timeless Quality!Welcome to 219 Cordoba Ave, wh...	4 beds \| 3 baths \| 3,344 sq.ft.	$485,500	Airbnb cash on cash: -0.15% Traditional cash on cash: 6.37% Airbnb Rental Income: $1344 Traditional Rental Income: $3889 Airbnb ROI: -0.15% Traditional ROI: 6.37%
430 Balboa Avenue Cedar Falls, IA Welcome to your next home in Cedar Falls! Conveniently located near local shopping centers...	4 beds \| 3 baths \| 1,668 sq.ft.	$310,000	Airbnb cash on cash: 0.87% Traditional cash on cash: 5.96% Airbnb Rental Income: $1344 Traditional Rental Income: $2414 Airbnb ROI: 0.87% Traditional ROI: 5.96%
2721 Autumn Woods Drive Cedar Falls, IA Photos are of a Similar home 11/26/2025 is the estimated completion date. Discover the...	3 beds \| 2 baths \| 1,584 sq.ft.	$470,000	Airbnb cash on cash: -1.02% Traditional cash on cash: 3.07% Airbnb Rental Income: $1158 Traditional Rental Income: $2575 Airbnb ROI: -1.02% Traditional ROI: 3.07%
1636 Jepsen Road Cedar Falls, IA Modern Updates. Country Setting. City Convenience. Experience the best of both worlds-mode...	4 beds \| 2 baths \| 2,239 sq.ft.	$599,900	Airbnb cash on cash: -0.11% Traditional cash on cash: 3.28% Airbnb Rental Income: $1344 Traditional Rental Income: $2827 Airbnb ROI: -0.11% Traditional ROI: 3.28%
250 State Street unit: 405 #405 Cedar Falls, IA Experience elevated living in this beautiful 4th-floor condo, offering 1 bedroom and 1 bat...	1 beds \| 1 baths \| 791 sq.ft.	$249,000	Airbnb cash on cash: -0.98% Traditional cash on cash: 3.73% Airbnb Rental Income: $1070 Traditional Rental Income: $1809 Airbnb ROI: -0.98% Traditional ROI: 3.73%
250 State Street unit: 212 #212 Cedar Falls, IA Discover modern living in this stunning 2nd-floor condo, featuring 1 bedroom and 1 bathroo...	1 beds \| 1 baths \| 787 sq.ft.	$240,000	Airbnb cash on cash: -0.98% Traditional cash on cash: 4.4% Airbnb Rental Income: $1070 Traditional Rental Income: $1922 Airbnb ROI: -0.98% Traditional ROI: 4.4%
4534 Sonoma Drive Cedar Falls, IA Welcome to this stunning new construction home by Skogman Homes. This Garnett floor plan i...	4 beds \| 3 baths \| 2,438 sq.ft.	$545,000	Airbnb cash on cash: 0.57% Traditional cash on cash: 4.7% Airbnb Rental Income: $1344 Traditional Rental Income: $3033 Airbnb ROI: 0.57% Traditional ROI: 4.7%
924 Elmridge Drive Cedar Falls, IA Formerly sold with 3814 Eastpark and now sold separately! Pulling into the driveway of thi...	3 beds \| 3 baths \| 2,504 sq.ft.	$399,900	Airbnb cash on cash: -1.27% Traditional cash on cash: 1.1% Airbnb Rental Income: $1158 Traditional Rental Income: $1666 Airbnb ROI: -1.27% Traditional ROI: 1.1%
3116 Pocahontas Road Cedar Falls, IA Great potential for an owner-occupied duplex or multi-generational family situation. Just ...	N/A beds \| N/A baths \| N/A	$265,000	Airbnb cash on cash: -2.01% Traditional cash on cash: 3.25% Airbnb Rental Income: $462 Traditional Rental Income: $1511 Airbnb ROI: -2.01% Traditional ROI: 3.25%
4615 Sonoma Drive Cedar Falls, IA **Photos are of a similar home. Pre-Sale Home. For Comp purposes only.	4 beds \| 3 baths \| 2,753 sq.ft.	$513,904	Airbnb cash on cash: 0.64% Traditional cash on cash: 5.31% Airbnb Rental Income: $1344 Traditional Rental Income: $3175 Airbnb ROI: 0.64% Traditional ROI: 5.31%
4320 Harvest Lane Cedar Falls, IA The perfect home for the empty-nest lifestyle! This mid-century vibe, garden home sits on ...	2 beds \| 2 baths \| 3,521 sq.ft.	$564,900	Airbnb cash on cash: -1.58% Traditional cash on cash: 1.97% Airbnb Rental Income: $1190 Traditional Rental Income: $2678 Airbnb ROI: -1.58% Traditional ROI: 1.97%
4603 Sonoma Drive Cedar Falls, IA Stunning new construction, the Woodridge floor plan, built by Skogman Homes. Step into lux...	4 beds \| 3 baths \| 2,043 sq.ft.	$529,900	Airbnb cash on cash: 0.61% Traditional cash on cash: 4.69% Airbnb Rental Income: $1344 Traditional Rental Income: $2949 Airbnb ROI: 0.61% Traditional ROI: 4.69%
2819 Autumn Woods Drive Cedar Falls, IA This exceptional 4-bedroom, 3-bathroom home in The Arbors combines luxurious features with...	4 beds \| 3 baths \| 2,164 sq.ft.	$580,000	Airbnb cash on cash: -1.03% Traditional cash on cash: 2.77% Airbnb Rental Income: $1344 Traditional Rental Income: $2987 Airbnb ROI: -1.03% Traditional ROI: 2.77%
808 Clay Street Cedar Falls, IA MAIN LEVEL LIVING DOWNTOWN WITH TAX ABATEMENT! Absolutely nothing like these New Construct...	2 beds \| 2 baths \| 1,138 sq.ft.	$324,464	Airbnb cash on cash: -0.87% Traditional cash on cash: 4.19% Airbnb Rental Income: $1190 Traditional Rental Income: $2345 Airbnb ROI: -0.87% Traditional ROI: 4.19%
526 W 8th Street Cedar Falls, IA Check out this duplex right in the heart of Cedar Falls! Both units are currently rented, ...	5 beds \| N/A baths \| N/A	$189,900	Airbnb cash on cash: 2.15% Traditional cash on cash: 4.93% Airbnb Rental Income: $1418 Traditional Rental Income: $1495 Airbnb ROI: 2.15% Traditional ROI: 4.93%
2802 Cottage Row Road Cedar Falls, IA Your opportunity to enjoy riverside living is here. This stunning riverfront home offers a...	3 beds \| 2 baths \| 2,616 sq.ft.	$599,000	Airbnb cash on cash: -0.79% Traditional cash on cash: 3.18% Airbnb Rental Income: $1158 Traditional Rental Income: $2996 Airbnb ROI: -0.79% Traditional ROI: 3.18%
4609 Sonoma Drive Cedar Falls, IA Photos are of a similar home Discover modern luxury in the heart of Wild Horse Ridge w...	4 beds \| 3 baths \| 2,483 sq.ft.	$545,000	Airbnb cash on cash: 0.57% Traditional cash on cash: 4.8% Airbnb Rental Income: $1344 Traditional Rental Income: $3084 Airbnb ROI: 0.57% Traditional ROI: 4.8%

Real Estate investment in Cedar-falls, IA

There are 98 properties for sale in the city of Cedar Falls . The median list price in Cedar Falls is $321,482 and the average price per square foot is $157. In February 2026, the average monthly cash on cash return in Cedar Falls is 5.00%. The average monthly rental income in Cedar Falls is $2,540.

Cedar-falls, IA Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 98 investment properties available for sale in Cedar-falls.

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

The ROI for Short-Term is higher than the Long-Term in Cedar-falls with average rental income of $1,190.

Your search for investment property begins and ends here

Investment Property for Sale in Cedar Falls, IA

1916 Rainbow Drive

Cedar Falls, IA

2 beds | 2 baths | 1,446 sq.ft.

$225,000

Airbnb cash on cash: 1.04%

Traditional cash on cash: 8%

Airbnb Rental Income: $1190

Traditional Rental Income: $2286

Airbnb ROI: 1.04%

Traditional ROI: 8%

3120 Waterbury Drive

Cedar Falls, IA

4 beds | 3 baths | 3,347 sq.ft.

$815,000

Airbnb cash on cash: -1.01%

Traditional cash on cash: 1.81%

Airbnb Rental Income: $1344

Traditional Rental Income: $3073

Airbnb ROI: -1.01%

Traditional ROI: 1.81%

214-216 N Francis

Cedar Falls, IA

6 beds | N/A baths | N/A

$579,000

Airbnb cash on cash: -0.19%

Traditional cash on cash: 1.52%

Airbnb Rental Income: $1418

Traditional Rental Income: $1915

Airbnb ROI: -0.19%

Traditional ROI: 1.52%

4209 Thresher Court

Cedar Falls, IA

4 beds | 3 baths | 2,815 sq.ft.

$456,000

Airbnb cash on cash: -0.32%

Traditional cash on cash: 4.91%

Airbnb Rental Income: $1344

Traditional Rental Income: $3163

Airbnb ROI: -0.32%

Traditional ROI: 4.91%

713 Spruce Needle Lane

Cedar Falls, IA

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

$279,900

Airbnb cash on cash: -0.7%

Traditional cash on cash: 5.92%

Airbnb Rental Income: $1158

Traditional Rental Income: $2523

Airbnb ROI: -0.7%

Traditional ROI: 5.92%

405 Golden Lane

Cedar Falls, IA

2 beds | 1 baths | 1,382 sq.ft.

$378,500

Airbnb cash on cash: -0.82%

Traditional cash on cash: 3.08%

Airbnb Rental Income: $1190

Traditional Rental Income: $2189

Airbnb ROI: -0.82%

Traditional ROI: 3.08%

4015 Cedar Heights Drive unit: 11 #11

Cedar Falls, IA

2 beds | 2 baths | 1,411 sq.ft.

$294,900

Airbnb cash on cash: -0.78%

Traditional cash on cash: 4.95%

Airbnb Rental Income: $1190

Traditional Rental Income: $2392

Airbnb ROI: -0.78%

Traditional ROI: 4.95%

455 Autumn Lane unit: 5 #5

Cedar Falls, IA

2 beds | 2 baths | 1,562 sq.ft.

$303,900

Airbnb cash on cash: -0.85%

Traditional cash on cash: 5.5%

Airbnb Rental Income: $1190

Traditional Rental Income: $2620

Airbnb ROI: -0.85%