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.	$215,000	Airbnb cash on cash: 1.13% Traditional cash on cash: 8.41% Airbnb Rental Income: $1190 Traditional Rental Income: $2286 Airbnb ROI: 1.13% Traditional ROI: 8.41%
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%
3230 Terrace Drive Cedar Falls, IA Welcome to 3230 Terrace Drive, a charming and well maintained ranch-style home that offers...	3 beds \| 2 baths \| 1,486 sq.ft.	$214,950	Airbnb cash on cash: 1.09% Traditional cash on cash: 5.24% Airbnb Rental Income: $1158 Traditional Rental Income: $1622 Airbnb ROI: 1.09% Traditional ROI: 5.24%
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%
4028 Rownd Street Cedar Falls, IA OPEN HOUSE MARCH 1ST FROM NOON - 1 PM. Welcome to your dream home! This beautifully update...	4 beds \| 2 baths \| 2,269 sq.ft.	$329,000	Airbnb cash on cash: 0.41% Traditional cash on cash: 2.89% Airbnb Rental Income: $1344 Traditional Rental Income: $1697 Airbnb ROI: 0.41% Traditional ROI: 2.89%
4015 Cedar Heights Drive unit: 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 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 Estimated 40% reduction in property taxes for 10 years for being built in the historic urb...	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 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%
2503 Olive Street Cedar Falls, IA Located just one block from UNI campus, this investment property generates consistent reve...	8 beds \| 4 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%
2109 Victory Drive Cedar Falls, IA Enjoy this well-maintained 4-bedroom, 2-bath ranch featuring a unique outdoor setup perfec...	4 beds \| 2 baths \| 1,788 sq.ft.	$269,900	Airbnb cash on cash: 1.31% Traditional cash on cash: 7.27% Airbnb Rental Income: $1344 Traditional Rental Income: $2448 Airbnb ROI: 1.31% Traditional ROI: 7.27%
4015 Cedar Heights Drive unit: 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%
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.	$470,000	Airbnb cash on cash: -1.02% Traditional cash on cash: 3.01% Airbnb Rental Income: $1158 Traditional Rental Income: $2549 Airbnb ROI: -1.02% Traditional ROI: 3.01%
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%
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 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.	$600,000	Airbnb cash on cash: -0.62% Traditional cash on cash: 3.61% Airbnb Rental Income: $1344 Traditional Rental Income: $3299 Airbnb ROI: -0.62% Traditional ROI: 3.61%
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 Discover the perfect blend of comfort and practicality in this new construction home locat...	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%
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%
2320 Rainbow Drive Cedar Falls, IA Welcome to this well-maintained Cedar Falls home, ideally located across from a local scho...	3 beds \| 2 baths \| 2,367 sq.ft.	$299,500	Airbnb cash on cash: -0.02% Traditional cash on cash: 7.76% Airbnb Rental Income: $1158 Traditional Rental Income: $2967 Airbnb ROI: -0.02% Traditional ROI: 7.76%
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.	$529,900	Airbnb cash on cash: -1.62% Traditional cash on cash: 2.17% Airbnb Rental Income: $1190 Traditional Rental Income: $2678 Airbnb ROI: -1.62% Traditional ROI: 2.17%
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%
3228 Rownd St Cedar Falls, IA Located in Cedar Falls, this 3-bedroom, 1-bath ranch offers 2,056 square feet of practical...	3 beds \| 1 baths \| 2,056 sq.ft.	$238,500	Airbnb cash on cash: 0.8% Traditional cash on cash: 5.72% Airbnb Rental Income: $1158 Traditional Rental Income: $1884 Airbnb ROI: 0.8% Traditional ROI: 5.72%
5634 University Avenue Cedar Falls, IA Take a step into history when homes were built with every detail taken into consideration....	5 beds \| 2 baths \| 2,785 sq.ft.	$325,000	Airbnb cash on cash: 0.28% Traditional cash on cash: 6.19% Airbnb Rental Income: $1418 Traditional Rental Income: $2800 Airbnb ROI: 0.28% Traditional ROI: 6.19%
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.	$319,464	Airbnb cash on cash: -0.84% Traditional cash on cash: 4.3% Airbnb Rental Income: $1190 Traditional Rental Income: $2345 Airbnb ROI: -0.84% Traditional ROI: 4.3%
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%
1103 State Street Cedar Falls, IA This 4-bedroom, 2-bathroom home is full of opportunity and ideally situated just minutes f...	4 beds \| 2 baths \| 1,782 sq.ft.	$175,000	Airbnb cash on cash: 2.48% Traditional cash on cash: 11.24% Airbnb Rental Income: $1344 Traditional Rental Income: $2392 Airbnb ROI: 2.48% Traditional ROI: 11.24%
4015 Cedar Heights Drive unit: 2 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: -0.65% Traditional cash on cash: 6.46% Airbnb Rental Income: $1190 Traditional Rental Income: $2646 Airbnb ROI: -0.65% Traditional ROI: 6.46%
4015 Cedar Heights Drive unit: 7 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: 6.49% Airbnb Rental Income: $1190 Traditional Rental Income: $2654 Airbnb ROI: -0.65% Traditional ROI: 6.49%
4015 Cedar Heights Drive unit: 10 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: 5.63% Airbnb Rental Income: $1190 Traditional Rental Income: $2582 Airbnb ROI: -0.78% Traditional ROI: 5.63%
2404 Erik Road Cedar Falls, IA Welcome home! Natural light fills every corner of this beautiful ranch, creating a warm an...	3 beds \| 2 baths \| 2,322 sq.ft.	$435,000	Airbnb cash on cash: -0.56% Traditional cash on cash: 3.84% Airbnb Rental Income: $1158 Traditional Rental Income: $2570 Airbnb ROI: -0.56% Traditional ROI: 3.84%
2820 Autumn Woods Drive Cedar Falls, IA Skogman Homes is happy to present this Northbrook ll floor plan in The Arbors 5th Addition...	3 beds \| 2 baths \| 1,530 sq.ft.	$450,000	Airbnb cash on cash: -0.94% Traditional cash on cash: 3.26% Airbnb Rental Income: $1158 Traditional Rental Income: $2543 Airbnb ROI: -0.94% Traditional ROI: 3.26%
1321 Franklin Street Cedar Falls, IA Welcome to 1321 Franklin St, a well-maintained ranch home nestled in an established Cedar ...	3 beds \| 1 baths \| 1,134 sq.ft.	$220,000	Airbnb cash on cash: 0.74% Traditional cash on cash: 5.96% Airbnb Rental Income: $1158 Traditional Rental Income: $1865 Airbnb ROI: 0.74% Traditional ROI: 5.96%
3921 Broomfield Drive Cedar Falls, IA You must see this TEAM Builders New Construction home. From design to construction, this h...	5 beds \| 3 baths \| 2,450 sq.ft.	$538,950	Airbnb cash on cash: 0.74% Traditional cash on cash: 4.68% Airbnb Rental Income: $1418 Traditional Rental Income: $2974 Airbnb ROI: 0.74% Traditional ROI: 4.68%
4710 Wild Horse Drive Cedar Falls, IA Welcome to this stunning new construction home by Skogman Homes. This Cove floor plan is a...	3 beds \| 2 baths \| 1,669 sq.ft.	$505,848	Airbnb cash on cash: 0.35% Traditional cash on cash: 4.07% Airbnb Rental Income: $1158 Traditional Rental Income: $2537 Airbnb ROI: 0.35% Traditional ROI: 4.07%

Real Estate investment in Cedar-falls, IA

There are 117 properties for sale in the city of Cedar Falls . The median list price in Cedar Falls is $319,732 and the average price per square foot is $160. In March 2026, the average monthly cash on cash return in Cedar Falls is 5.00%. The average monthly rental income in Cedar Falls is $2,525.

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

There are 117 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.

$215,000

Airbnb cash on cash: 1.13%

Traditional cash on cash: 8.41%

Airbnb Rental Income: $1190

Traditional Rental Income: $2286

Airbnb ROI: 1.13%

Traditional ROI: 8.41%

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%

3230 Terrace Drive

Cedar Falls, IA

3 beds | 2 baths | 1,486 sq.ft.

$214,950

Airbnb cash on cash: 1.09%

Traditional cash on cash: 5.24%

Airbnb Rental Income: $1158

Traditional Rental Income: $1622

Airbnb ROI: 1.09%

Traditional ROI: 5.24%

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%

4028 Rownd Street

Cedar Falls, IA

4 beds | 2 baths | 2,269 sq.ft.

$329,000

Airbnb cash on cash: 0.41%

Traditional cash on cash: 2.89%

Airbnb Rental Income: $1344

Traditional Rental Income: $1697

Airbnb ROI: 0.41%

Traditional ROI: 2.89%

4015 Cedar Heights Drive unit: 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

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%