Real Estate Investment Properties for Sale in Cedar Rapids, IA

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
2609 1st Avenue SW Cedar Rapids, IA Situated on nearly 3/4 of an acre in a convenient Cedar Rapids location, this ranch style ...	3 beds \| 2 baths \| 1,422 sq.ft.	$300,000	Airbnb cash on cash: 0.97% Traditional cash on cash: 5.67% Airbnb Rental Income: $1406 Traditional Rental Income: $2311 Airbnb ROI: 0.97% Traditional ROI: 5.67%
2245 Tranquil Court NW Cedar Rapids, IA Located on Cul-de-sac with spectacular views of Cedar River - Ellis Park & Golf Course - O...	3 beds \| 3 baths \| 3,390 sq.ft.	$465,000	Airbnb cash on cash: 0.81% Traditional cash on cash: 4.71% Airbnb Rental Income: $1406 Traditional Rental Income: $2679 Airbnb ROI: 0.81% Traditional ROI: 4.71%
5601 Ruhd Street SW Cedar Rapids, IA Better Than New Ranch Home on a Quiet Cul-de-Sac! Welcome home to this beautifully maintai...	4 beds \| 2 baths \| 2,531 sq.ft.	$345,000	Airbnb cash on cash: 1.76% Traditional cash on cash: 5.72% Airbnb Rental Income: $1917 Traditional Rental Income: $2690 Airbnb ROI: 1.76% Traditional ROI: 5.72%
3509 Pioneer Avenue SE Cedar Rapids, IA There's something comforting about a home that doesn't ask you to compromise. A place wher...	4 beds \| 4 baths \| 2,419 sq.ft.	$240,000	Airbnb cash on cash: 3.01% Traditional cash on cash: 7.49% Airbnb Rental Income: $1917 Traditional Rental Income: $2424 Airbnb ROI: 3.01% Traditional ROI: 7.49%
1079 74th Street NE Cedar Rapids, IA Move-in ready and low-maintenance, this townhouse-style condo offers comfortable living in...	3 beds \| 3 baths \| 1,739 sq.ft.	$235,000	Airbnb cash on cash: 0.07% Traditional cash on cash: 4.15% Airbnb Rental Income: $1406 Traditional Rental Income: $1890 Airbnb ROI: 0.07% Traditional ROI: 4.15%
1930 E Avenue NW Cedar Rapids, IA Rare opportunity on the NW side of Cedar Rapids to own a charming farmhouse situated on ne...	3 beds \| 1 baths \| 1,845 sq.ft.	$195,000	Airbnb cash on cash: 2.45% Traditional cash on cash: 5.93% Airbnb Rental Income: $1406 Traditional Rental Income: $1627 Airbnb ROI: 2.45% Traditional ROI: 5.93%
2617 Country Club Parkway SE Cedar Rapids, IA Charming home in Country Club Heights, within walking distance to Cedar Rapids Country Clu...	3 beds \| 2 baths \| 1,946 sq.ft.	$257,500	Airbnb cash on cash: 0.72% Traditional cash on cash: 6.62% Airbnb Rental Income: $1406 Traditional Rental Income: $2417 Airbnb ROI: 0.72% Traditional ROI: 6.62%
2950 Samuel CT SW #C Cedar Rapids, IA Welcome home! This two bedroom, one and half bathroom townhouse offers comfort, convenienc...	2 beds \| 2 baths \| 1,398 sq.ft.	$170,000	Airbnb cash on cash: -1.01% Traditional cash on cash: 11.08% Airbnb Rental Income: $668 Traditional Rental Income: $2326 Airbnb ROI: -1.01% Traditional ROI: 11.08%
6325 Muirfield Dr SW Cedar Rapids, IA Welcome to your new home, a 2-story condo conveniently located in the college community di...	2 beds \| 2 baths \| 1,400 sq.ft.	$219,950	Airbnb cash on cash: -1.18% Traditional cash on cash: 8.46% Airbnb Rental Income: $668 Traditional Rental Income: $2376 Airbnb ROI: -1.18% Traditional ROI: 8.46%
4730 Westchester Drive NE #C Cedar Rapids, IA Comfort and convenience come together at 4730 Westchester Drive NE Unit C, Cedar Rapids, I...	2 beds \| 2 baths \| 1,550 sq.ft.	$185,000	Airbnb cash on cash: -1.01% Traditional cash on cash: 9.18% Airbnb Rental Income: $668 Traditional Rental Income: $2160 Airbnb ROI: -1.01% Traditional ROI: 9.18%
3200 Timber Valley Court NE Cedar Rapids, IA Wooded lot at the end of a quiet cul-de-sac just a minutes from the interstate! Brand new ...	3 beds \| 3 baths \| 1,396 sq.ft.	$245,000	Airbnb cash on cash: 1.3% Traditional cash on cash: 7.34% Airbnb Rental Income: $1406 Traditional Rental Income: $2382 Airbnb ROI: 1.3% Traditional ROI: 7.34%
1675 9th Street NW Cedar Rapids, IA Welcome home to this well-cared-for 3 bedroom, 2 bathroom ranch located on the NW side of ...	3 beds \| 2 baths \| 1,198 sq.ft.	$219,900	Airbnb cash on cash: 1.77% Traditional cash on cash: 7.22% Airbnb Rental Income: $1406 Traditional Rental Income: $2119 Airbnb ROI: 1.77% Traditional ROI: 7.22%
3612 King Drive SW Cedar Rapids, IA Beautifully maintained 3-bedroom, 3-bath split foyer home offering comfort, space, and con...	3 beds \| 3 baths \| 1,583 sq.ft.	$274,900	Airbnb cash on cash: 0.94% Traditional cash on cash: 6.05% Airbnb Rental Income: $1406 Traditional Rental Income: $2309 Airbnb ROI: 0.94% Traditional ROI: 6.05%
1241 29th Street NE Cedar Rapids, IA Beautifully refreshed mid-century inspired ranch offering spacious, light-filled rooms and...	2 beds \| 2 baths \| 1,822 sq.ft.	$230,000	Airbnb cash on cash: -1.12% Traditional cash on cash: 4.48% Airbnb Rental Income: $668 Traditional Rental Income: $1586 Airbnb ROI: -1.12% Traditional ROI: 4.48%
1505 38th Street SE Cedar Rapids, IA This thoughtfully designed ranch-style home by PRK Williams Building Group blends modern c...	5 beds \| 3 baths \| 2,373 sq.ft.	$380,000	Airbnb cash on cash: 2.08% Traditional cash on cash: 3.65% Airbnb Rental Income: $1782 Traditional Rental Income: $1856 Airbnb ROI: 2.08% Traditional ROI: 3.65%
3840 37th Avenue SW #E Cedar Rapids, IA Welcome home to this well-maintained 2 bed, 1.5 bath condo located in the highly desirable...	2 beds \| 2 baths \| 1,448 sq.ft.	$164,950	Airbnb cash on cash: -2.19% Traditional cash on cash: 5.43% Airbnb Rental Income: $668 Traditional Rental Income: $1566 Airbnb ROI: -2.19% Traditional ROI: 5.43%
5527 Seminole Valley Trail NE Cedar Rapids, IA GORGEOUS TO-BE-BUILT HOME! Located in a popular & upcoming NE area near schools & beautifu...	5 beds \| 3 baths \| 3,932 sq.ft.	$876,836	Airbnb cash on cash: 0.4% Traditional cash on cash: 3% Airbnb Rental Income: $1782 Traditional Rental Income: $3415 Airbnb ROI: 0.4% Traditional ROI: 3%
634 16th Avenue SW Cedar Rapids, IA Spacious and fully updated 4-bedroom, 2-bath home located on the desirable southwest side....	4 beds \| 1 baths \| 1,294 sq.ft.	$195,000	Airbnb cash on cash: 4.96% Traditional cash on cash: 4.82% Airbnb Rental Income: $1917 Traditional Rental Income: $1382 Airbnb ROI: 4.96% Traditional ROI: 4.82%
1158 28th St SE Cedar Rapids, IA Adorable home, updated after derecho. Newer kitchen and bathroom updates. Hardwood floors ...	3 beds \| 1 baths \| 1,144 sq.ft.	$115,000	Airbnb cash on cash: 4.94% Traditional cash on cash: 11.77% Airbnb Rental Income: $1406 Traditional Rental Income: $1742 Airbnb ROI: 4.94% Traditional ROI: 11.77%
2135 1st Avenue SE #115 Cedar Rapids, IA This beautiful condo has had a complete over hall in the last handful of years. All new cu...	2 beds \| 2 baths \| 1,652 sq.ft.	$187,000	Airbnb cash on cash: -0.91% Traditional cash on cash: 9.06% Airbnb Rental Income: $668 Traditional Rental Income: $2139 Airbnb ROI: -0.91% Traditional ROI: 9.06%
664 J Ave NE #A Cedar Rapids, IA *HOA Special Credit Available - Contact agent for more details. End-unit townhome-style co...	3 beds \| 3 baths \| 2,025 sq.ft.	$225,000	Airbnb cash on cash: 1.22% Traditional cash on cash: 8.75% Airbnb Rental Income: $1406 Traditional Rental Income: $2587 Airbnb ROI: 1.22% Traditional ROI: 8.75%
5705 Beverly Road SW Cedar Rapids, IA Welcome to 5705 Beverly-a rare 2.4-acre home in the highly sought-after College Community ...	3 beds \| 3 baths \| 3,406 sq.ft.	$489,500	Airbnb cash on cash: -0.38% Traditional cash on cash: 2.26% Airbnb Rental Income: $1406 Traditional Rental Income: $2194 Airbnb ROI: -0.38% Traditional ROI: 2.26%
5425 Seminole Valley Trail NE Cedar Rapids, IA	5 beds \| 3 baths \| 3,267 sq.ft.	$718,740	Airbnb cash on cash: 0.76% Traditional cash on cash: 3.91% Airbnb Rental Income: $1782 Traditional Rental Income: $3409 Airbnb ROI: 0.76% Traditional ROI: 3.91%
5521 Seminole Valley Trail NE Cedar Rapids, IA Welcome to your new construction TO-BE-BUILT HOME! Located in a popular & upcoming NE area...	5 beds \| 4 baths \| 4,400 sq.ft.	$1,050,000	Airbnb cash on cash: 0.17% Traditional cash on cash: 2.79% Airbnb Rental Income: $1782 Traditional Rental Income: $3856 Airbnb ROI: 0.17% Traditional ROI: 2.79%
1585 Matterhorn Drive NE Cedar Rapids, IA Welcome to this beautifully updated condo offering the perfect blend of comfort, convenien...	3 beds \| 3 baths \| 2,260 sq.ft.	$322,500	Airbnb cash on cash: 0.61% Traditional cash on cash: 7.04% Airbnb Rental Income: $1406 Traditional Rental Income: $2932 Airbnb ROI: 0.61% Traditional ROI: 7.04%
163 Bethany Loop SW #A Cedar Rapids, IA Experience modern living in this newly built duplex offering 3 spacious bedrooms and 2.5 b...	3 beds \| 3 baths \| 1,547 sq.ft.	$279,900	Airbnb cash on cash: 0.82% Traditional cash on cash: 6.7% Airbnb Rental Income: $1406 Traditional Rental Income: $2533 Airbnb ROI: 0.82% Traditional ROI: 6.7%
8704 Eddie Drive SW #A Cedar Rapids, IA Experience modern living in these brand-new 6-plex end units offering 3 bedrooms and 2.5 b...	3 beds \| 3 baths \| 1,487 sq.ft.	$264,900	Airbnb cash on cash: 0.3% Traditional cash on cash: 6.42% Airbnb Rental Income: $1406 Traditional Rental Income: $2512 Airbnb ROI: 0.3% Traditional ROI: 6.42%
8704 Eddie Drive SW #B Cedar Rapids, IA Experience modern living in these brand-new 6-plex end units offering 2 bedrooms and 1.5 b...	2 beds \| 2 baths \| 1,332 sq.ft.	$234,750	Airbnb cash on cash: -2.11% Traditional cash on cash: 7.19% Airbnb Rental Income: $668 Traditional Rental Income: $2432 Airbnb ROI: -2.11% Traditional ROI: 7.19%
8704 Eddie Drive SW #C Cedar Rapids, IA Experience modern living in these brand-new 6-plex end units offering 3 bedrooms and 2.5 b...	3 beds \| 3 baths \| 1,487 sq.ft.	$264,900	Airbnb cash on cash: 0.3% Traditional cash on cash: 6.42% Airbnb Rental Income: $1406 Traditional Rental Income: $2512 Airbnb ROI: 0.3% Traditional ROI: 6.42%
8705 Lewis Drive SW #A Cedar Rapids, IA Experience modern living in these brand-new 6-plex end units offering 3 bedrooms and 2.5 b...	3 beds \| 3 baths \| 1,487 sq.ft.	$264,900	Airbnb cash on cash: 0.3% Traditional cash on cash: 6.42% Airbnb Rental Income: $1406 Traditional Rental Income: $2512 Airbnb ROI: 0.3% Traditional ROI: 6.42%
8705 Lewis Drive SW #B Cedar Rapids, IA Experience modern living in these brand-new 6-plex end units offering 2 bedrooms and 1.5 b...	2 beds \| 2 baths \| 1,332 sq.ft.	$234,750	Airbnb cash on cash: -2.11% Traditional cash on cash: 7.19% Airbnb Rental Income: $668 Traditional Rental Income: $2432 Airbnb ROI: -2.11% Traditional ROI: 7.19%
8705 Lewis Drive SW #C Cedar Rapids, IA Experience modern living in these brand-new 6-plex end units offering 3 bedrooms and 2.5 b...	3 beds \| 3 baths \| 1,487 sq.ft.	$264,900	Airbnb cash on cash: 0.3% Traditional cash on cash: 6.42% Airbnb Rental Income: $1406 Traditional Rental Income: $2512 Airbnb ROI: 0.3% Traditional ROI: 6.42%
5407 Seminole Valley Trail NE Cedar Rapids, IA Welcome to your new construction TO-BE-BUILT HOME! Located in a popular & upcoming NE area...	5 beds \| 4 baths \| 3,400 sq.ft.	$782,000	Airbnb cash on cash: 0.62% Traditional cash on cash: 4.29% Airbnb Rental Income: $1782 Traditional Rental Income: $3970 Airbnb ROI: 0.62% Traditional ROI: 4.29%
905 3rd Street SE #304 Cedar Rapids, IA Urban sophistication meets timeless character in this downtown loft condo. Step inside thi...	1 beds \| 1 baths \| 940 sq.ft.	$210,000	Airbnb cash on cash: -1.22% Traditional cash on cash: 5.9% Airbnb Rental Income: $626 Traditional Rental Income: $1751 Airbnb ROI: -1.22% Traditional ROI: 5.9%
5109 Spencer Drive SW Cedar Rapids, IA Home located in great area, close to schools, shopping, and all conveniences. Home needs w...	5 beds \| 3 baths \| 1,712 sq.ft.	$205,000	Airbnb cash on cash: 3.2% Traditional cash on cash: 10.01% Airbnb Rental Income: $1782 Traditional Rental Income: $2619 Airbnb ROI: 3.2% Traditional ROI: 10.01%
195 Morgan Court Cedar Rapids, IA This stunning 5-bedroom, 5 1/2-bath two-story home offers 4,911 finished sq. ft. on a priv...	5 beds \| 6 baths \| 4,911 sq.ft.	$699,000	Airbnb cash on cash: -0.66% Traditional cash on cash: 7.94% Airbnb Rental Income: $1782 Traditional Rental Income: $6903 Airbnb ROI: -0.66% Traditional ROI: 7.94%
5503 Seminole Valley Trail Cedar Rapids, IA Irie Homes Pre-Sold!! More lots in this lovely Ushers Ridge development! Call for more det...	2 beds \| 3 baths \| 2,003 sq.ft.	$650,000	Airbnb cash on cash: -0.56% Traditional cash on cash: 3.88% Airbnb Rental Income: $668 Traditional Rental Income: $3066 Airbnb ROI: -0.56% Traditional ROI: 3.88%
1615 4th Avenue SE Cedar Rapids, IA All new carpet and flooring throughout, new circuit breaker box, new appliances, freshly p...	4 beds \| 1 baths \| 2,156 sq.ft.	$149,500	Airbnb cash on cash: 6.91% Traditional cash on cash: 9.45% Airbnb Rental Income: $1917 Traditional Rental Income: $1772 Airbnb ROI: 6.91% Traditional ROI: 9.45%
9267 Feather Ridge Pass Cedar Rapids, IA Offering the feel of new construction, without the wait or the price tag! Set on a full ac...	5 beds \| 5 baths \| 4,974 sq.ft.	$1,000,000	Airbnb cash on cash: -0.68% Traditional cash on cash: 3.44% Airbnb Rental Income: $1782 Traditional Rental Income: $5131 Airbnb ROI: -0.68% Traditional ROI: 3.44%

Real Estate investment in Cedar-rapids, IA

There are 104 properties for sale in the city of Cedar Rapids . The median list price in Cedar Rapids is $203,378 and the average price per square foot is $103. In July 2026, the average monthly cash on cash return in Cedar Rapids is 7.00%. The average monthly rental income in Cedar Rapids is $2,326.

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

There are 104 investment properties available for sale in Cedar-rapids.

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

The ROI for Short-Term is higher than the Long-Term in Cedar-rapids with average rental income of $1,406.

Your search for investment property begins and ends here

Investment Property for Sale in Cedar Rapids, IA

2609 1st Avenue SW

Cedar Rapids, IA

3 beds | 2 baths | 1,422 sq.ft.

$300,000

Airbnb cash on cash: 0.97%

Traditional cash on cash: 5.67%

Airbnb Rental Income: $1406

Traditional Rental Income: $2311

Airbnb ROI: 0.97%

Traditional ROI: 5.67%

2245 Tranquil Court NW

Cedar Rapids, IA

3 beds | 3 baths | 3,390 sq.ft.

$465,000

Airbnb cash on cash: 0.81%

Traditional cash on cash: 4.71%

Airbnb Rental Income: $1406

Traditional Rental Income: $2679

Airbnb ROI: 0.81%

Traditional ROI: 4.71%

5601 Ruhd Street SW

Cedar Rapids, IA

4 beds | 2 baths | 2,531 sq.ft.

$345,000

Airbnb cash on cash: 1.76%

Traditional cash on cash: 5.72%

Airbnb Rental Income: $1917

Traditional Rental Income: $2690

Airbnb ROI: 1.76%

Traditional ROI: 5.72%

3509 Pioneer Avenue SE

Cedar Rapids, IA

4 beds | 4 baths | 2,419 sq.ft.

$240,000

Airbnb cash on cash: 3.01%

Traditional cash on cash: 7.49%

Airbnb Rental Income: $1917

Traditional Rental Income: $2424

Airbnb ROI: 3.01%

Traditional ROI: 7.49%

1079 74th Street NE

Cedar Rapids, IA

3 beds | 3 baths | 1,739 sq.ft.

$235,000

Airbnb cash on cash: 0.07%

Traditional cash on cash: 4.15%

Airbnb Rental Income: $1406

Traditional Rental Income: $1890

Airbnb ROI: 0.07%

Traditional ROI: 4.15%

1930 E Avenue NW

Cedar Rapids, IA

3 beds | 1 baths | 1,845 sq.ft.

$195,000

Airbnb cash on cash: 2.45%

Traditional cash on cash: 5.93%

Airbnb Rental Income: $1406

Traditional Rental Income: $1627

Airbnb ROI: 2.45%

Traditional ROI: 5.93%

2617 Country Club Parkway SE

Cedar Rapids, IA

3 beds | 2 baths | 1,946 sq.ft.

$257,500

Airbnb cash on cash: 0.72%

Traditional cash on cash: 6.62%

Airbnb Rental Income: $1406

Traditional Rental Income: $2417

Airbnb ROI: 0.72%

Traditional ROI: 6.62%

2950 Samuel CT SW #C

Cedar Rapids, IA

2 beds | 2 baths | 1,398 sq.ft.

$170,000

Airbnb cash on cash: -1.01%

Traditional cash on cash: 11.08%

Airbnb Rental Income: $668

Traditional Rental Income: $2326

Airbnb ROI: -1.01%