Real Estate Investment Properties for Sale in Grimes, IA

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
416 SE 15th Street Grimes, IA You're going to love this beautiful 4 bed, 2.5 bath home located in one of Grimes' most co...	4 beds \| 3 baths \| 1,835 sq.ft.	$389,900	Airbnb cash on cash: 1.09% Traditional cash on cash: 4.37% Airbnb Rental Income: $2048 Traditional Rental Income: $2720 Airbnb ROI: 1.09% Traditional ROI: 4.37%
2502 NE 6th Street Grimes, IA 4 YEAR WARRANTY! 1 year builder warranty and 3 year extended warranty. Check out this bi-a...	3 beds \| 3 baths \| 1,335 sq.ft.	$360,000	Airbnb cash on cash: 0.8% Traditional cash on cash: 4.23% Airbnb Rental Income: $1410 Traditional Rental Income: $2146 Airbnb ROI: 0.8% Traditional ROI: 4.23%
2408 NE 6th Street Grimes, IA 4 YEAR WARRANTY! 1 year builder warranty and 3 year extended warranty. Check out this bi-a...	3 beds \| 3 baths \| 1,335 sq.ft.	$360,000	Airbnb cash on cash: 0.8% Traditional cash on cash: 4.56% Airbnb Rental Income: $1410 Traditional Rental Income: $2258 Airbnb ROI: 0.8% Traditional ROI: 4.56%
2414 NE 6th Street Grimes, IA 4 YEAR WARRANTY! 1 year builder warranty and 3 year extended warranty. Check out this bi-a...	3 beds \| 3 baths \| 1,335 sq.ft.	$360,000	Airbnb cash on cash: 0.8% Traditional cash on cash: 5.63% Airbnb Rental Income: $1410 Traditional Rental Income: $2620 Airbnb ROI: 0.8% Traditional ROI: 5.63%
2410 NE 6th Street Grimes, IA 4 YEAR WARRANTY! 1 year builder warranty and 3 year extended warranty. Check out this bi-a...	3 beds \| 3 baths \| 1,335 sq.ft.	$360,000	Airbnb cash on cash: 0.8% Traditional cash on cash: 4.57% Airbnb Rental Income: $1410 Traditional Rental Income: $2261 Airbnb ROI: 0.8% Traditional ROI: 4.57%
2412 NE 6th Street Grimes, IA Check out this bi-attached ranch in Grimes! The kitchen features quartz countertops, extra...	3 beds \| 3 baths \| 1,335 sq.ft.	$360,000	Airbnb cash on cash: 0.8% Traditional cash on cash: 5.63% Airbnb Rental Income: $1410 Traditional Rental Income: $2620 Airbnb ROI: 0.8% Traditional ROI: 5.63%
1504 NE Polk Drive Grimes, IA Step inside this thoughtfully designed two-story home offering more than 1,500 square feet...	3 beds \| 3 baths \| 1,588 sq.ft.	$286,000	Airbnb cash on cash: 0.63% Traditional cash on cash: 7.62% Airbnb Rental Income: $1410 Traditional Rental Income: $2871 Airbnb ROI: 0.63% Traditional ROI: 7.62%
700 SE 15th Street Grimes, IA This is what home truly feels like-warmth, charm, and character in every detail. From the ...	4 beds \| 3 baths \| 1,445 sq.ft.	$419,900	Airbnb cash on cash: 1.07% Traditional cash on cash: 3.26% Airbnb Rental Income: $2048 Traditional Rental Income: $2380 Airbnb ROI: 1.07% Traditional ROI: 3.26%
1405 NE Mocking Bird Lane Grimes, IA Move-in ready and packed with value in the Johnston School District! This well-maintained ...	3 beds \| 3 baths \| 1,637 sq.ft.	$290,000	Airbnb cash on cash: 0.03% Traditional cash on cash: 5.73% Airbnb Rental Income: $1410 Traditional Rental Income: $2542 Airbnb ROI: 0.03% Traditional ROI: 5.73%
1422 NE Cedarwood Drive Grimes, IA Modern two-story home in Grimes featuring 3 bedrooms, 3 bathrooms, and an open floor plan ...	3 beds \| 3 baths \| 1,512 sq.ft.	$304,900	Airbnb cash on cash: 0.25% Traditional cash on cash: 5.46% Airbnb Rental Income: $1410 Traditional Rental Income: $2481 Airbnb ROI: 0.25% Traditional ROI: 5.46%
2150 NE 18th Street #45 Grimes, IA END UNIT. FRESH FEEL. EASY LIVING. Surrounded by mature trees and green space, this end-un...	2 beds \| 2 baths \| 1,056 sq.ft.	$195,000	Airbnb cash on cash: 2.17% Traditional cash on cash: 6.34% Airbnb Rental Income: $1621 Traditional Rental Income: $1934 Airbnb ROI: 2.17% Traditional ROI: 6.34%
3305 SE Glenstone Drive #212 Grimes, IA Rare opportunity in Glenstone's highly desirable townhome community featuring zero-entry l...	2 beds \| 2 baths \| 1,869 sq.ft.	$359,900	Airbnb cash on cash: -0.29% Traditional cash on cash: 3.69% Airbnb Rental Income: $1621 Traditional Rental Income: $2508 Airbnb ROI: -0.29% Traditional ROI: 3.69%
2000 NE Heritage Drive Grimes, IA Enjoy the convenience of a like-new home with quality finishes and a functional, cozy layo...	3 beds \| 3 baths \| 1,524 sq.ft.	$342,900	Airbnb cash on cash: 0.11% Traditional cash on cash: 4.28% Airbnb Rental Income: $1410 Traditional Rental Income: $2329 Airbnb ROI: 0.11% Traditional ROI: 4.28%
1913 NE Cypress Circle Grimes, IA From the moment you step inside, you'll appreciate the bright, open layout designed to bri...	3 beds \| 3 baths \| 1,251 sq.ft.	$375,000	Airbnb cash on cash: -0.04% Traditional cash on cash: 2.88% Airbnb Rental Income: $1410 Traditional Rental Income: $2012 Airbnb ROI: -0.04% Traditional ROI: 2.88%
1112 SE 3rd Street Grimes, IA All offers subject to lender/bank approval. Seller makes no guarantee as to short sale app...	4 beds \| 4 baths \| 1,689 sq.ft.	$200,000	Airbnb cash on cash: 3.38% Traditional cash on cash: 8.14% Airbnb Rental Income: $2048 Traditional Rental Income: $2421 Airbnb ROI: 3.38% Traditional ROI: 8.14%
1413 NE Park Street Grimes, IA Better than new and full of custom upgrades this five bedroom three and a half bath home w...	5 beds \| 4 baths \| 2,110 sq.ft.	$415,000	Airbnb cash on cash: 3.18% Traditional cash on cash: 5.58% Airbnb Rental Income: $3038 Traditional Rental Income: $3276 Airbnb ROI: 3.18% Traditional ROI: 5.58%
11576 NW Timberbrooke Lane Grimes, IA Tucked away on nearly two wooded acres in Johnston schools, this former Parade custom home...	4 beds \| 5 baths \| 2,892 sq.ft.	$890,000	Airbnb cash on cash: -0.3% Traditional cash on cash: 3.05% Airbnb Rental Income: $2048 Traditional Rental Income: $4294 Airbnb ROI: -0.3% Traditional ROI: 3.05%
3217 NW Brookside Drive Grimes, IA This stunning 2024-ranch walkout in Willow Hills North, one of Grimes' most desirable neig...	4 beds \| 3 baths \| 1,398 sq.ft.	$468,900	Airbnb cash on cash: 0.9% Traditional cash on cash: 2.67% Airbnb Rental Income: $2048 Traditional Rental Income: $2295 Airbnb ROI: 0.9% Traditional ROI: 2.67%
903 SW Cattail Rd Grimes, IA Welcome to one of Grimes' newest developments, Hope Meadows! This Hickory Ranch Plan is bu...	4 beds \| 3 baths \| 1,492 sq.ft.	$569,000	Airbnb cash on cash: 1.64% Traditional cash on cash: 3.57% Airbnb Rental Income: $2048 Traditional Rental Income: $2543 Airbnb ROI: 1.64% Traditional ROI: 3.57%
303 SE 14th Street Grimes, IA Discover this beautifully cared-for two-story home in Grimes, nestled in the sought-after ...	4 beds \| 4 baths \| 1,744 sq.ft.	$380,000	Airbnb cash on cash: 1.34% Traditional cash on cash: 4.64% Airbnb Rental Income: $2048 Traditional Rental Income: $2695 Airbnb ROI: 1.34% Traditional ROI: 4.64%
105 SE Little Beaver Court Grimes, IA Nestled in a sought-after central Grimes community, this inviting two-story townhome offer...	2 beds \| 3 baths \| 1,164 sq.ft.	$210,000	Airbnb cash on cash: 3.15% Traditional cash on cash: 7.65% Airbnb Rental Income: $1621 Traditional Rental Income: $2058 Airbnb ROI: 3.15% Traditional ROI: 7.65%
677 SW Cattail Road Grimes, IA	4 beds \| 3 baths \| 1,707 sq.ft.	$557,248	Airbnb cash on cash: 1.72% Traditional cash on cash: 3.78% Airbnb Rental Income: $2048 Traditional Rental Income: $2590 Airbnb ROI: 1.72% Traditional ROI: 3.78%
2213 NE Heritage Drive Grimes, IA Beautiful ranch in Heritage at Grimes! This 2020-built home offers over 1,800 sq ft on the...	4 beds \| 3 baths \| 1,867 sq.ft.	$698,000	Airbnb cash on cash: -0.55% Traditional cash on cash: 1.4% Airbnb Rental Income: $2048 Traditional Rental Income: $2790 Airbnb ROI: -0.55% Traditional ROI: 1.4%
809 NE Bridge Creek Court Grimes, IA Breathtaking inside and out, this extraordinary private luxury estate in the coveted Bridg...	5 beds \| 7 baths \| 4,904 sq.ft.	$2,300,000	Airbnb cash on cash: -1.35% Traditional cash on cash: 0.73% Airbnb Rental Income: $3038 Traditional Rental Income: $6783 Airbnb ROI: -1.35% Traditional ROI: 0.73%
105 NW 8th Street #106 Grimes, IA Welcome home to this move-in ready, ground-floor condo offering comfort, convenience, and ...	2 beds \| 2 baths \| 900 sq.ft.	$139,000	Airbnb cash on cash: 5.43% Traditional cash on cash: 10.43% Airbnb Rental Income: $1621 Traditional Rental Income: $1829 Airbnb ROI: 5.43% Traditional ROI: 10.43%
3057 NW Beechwood Drive Grimes, IA This spectacular Fulton Plan by Frampton Homes is a 5 bedroom, 3 bath ranch home that blen...	5 beds \| 3 baths \| 1,860 sq.ft.	$719,900	Airbnb cash on cash: 0.79% Traditional cash on cash: 1.52% Airbnb Rental Income: $3038 Traditional Rental Income: $2834 Airbnb ROI: 0.79% Traditional ROI: 1.52%
551 NW Cherrywood Lane Grimes, IA Tour on your schedule, any day from 7 a.m. to 9 p.m., show up, scan the UTOUR QR code, and...	3 beds \| 3 baths \| 1,493 sq.ft.	$326,000	Airbnb cash on cash: 0.36% Traditional cash on cash: 5.08% Airbnb Rental Income: $1410 Traditional Rental Income: $2433 Airbnb ROI: 0.36% Traditional ROI: 5.08%
647 SW Cattail Road Grimes, IA Destiny Homes presents the Belle floor plan in Grimes' Hope Meadows on a daylight lot with...	4 beds \| 3 baths \| 2,683 sq.ft.	$599,900	Airbnb cash on cash: -0.04% Traditional cash on cash: 2.71% Airbnb Rental Income: $2048 Traditional Rental Income: $3058 Airbnb ROI: -0.04% Traditional ROI: 2.71%
1435 NW Timber Lane Grimes, IA Destiny Homes presents its Eastham IV plan in Grimes? Hope Timber Villas. The plan feature...	4 beds \| 3 baths \| 1,745 sq.ft.	$335,000	Airbnb cash on cash: 1.97% Traditional cash on cash: 5.22% Airbnb Rental Income: $2048 Traditional Rental Income: $2539 Airbnb ROI: 1.97% Traditional ROI: 5.22%
1421 NW Timber Lane Grimes, IA Destiny Homes presents its Eastham plan in Grimes? Hope Timber Villas. The plan features 3...	3 beds \| 3 baths \| 1,578 sq.ft.	$328,000	Airbnb cash on cash: 0.34% Traditional cash on cash: 5.17% Airbnb Rental Income: $1410 Traditional Rental Income: $2473 Airbnb ROI: 0.34% Traditional ROI: 5.17%
1402 NW 3rd Lane Grimes, IA Destiny Homes presents its Ava plan in Grimes? Hope Timber Villas. The Ava plan features 2...	2 beds \| 3 baths \| 1,314 sq.ft.	$295,000	Airbnb cash on cash: 1.3% Traditional cash on cash: 5.56% Airbnb Rental Income: $1621 Traditional Rental Income: $2347 Airbnb ROI: 1.3% Traditional ROI: 5.56%
530 NW Rockwood Lane Grimes, IA Tour on your schedule, any day from 7 a.m. to 9 p.m., show up, scan the UTOUR QR code, and...	3 beds \| 3 baths \| 1,470 sq.ft.	$320,000	Airbnb cash on cash: 0.41% Traditional cash on cash: 4.97% Airbnb Rental Income: $1410 Traditional Rental Income: $2356 Airbnb ROI: 0.41% Traditional ROI: 4.97%
570 NW Rockwood Lane Grimes, IA Welcome to the newly designed Harrison by Greenland Homes, a spacious two-story home featu...	4 beds \| 2 baths \| 1,483 sq.ft.	$325,000	Airbnb cash on cash: 2.11% Traditional cash on cash: 4.14% Airbnb Rental Income: $2048 Traditional Rental Income: $2137 Airbnb ROI: 2.11% Traditional ROI: 4.14%
3313 NW Prescott Court Grimes, IA Welcome to our stunning Spruce floor plan, a ranch-style gem that offers a perfect blend o...	4 beds \| 3 baths \| 1,746 sq.ft.	$584,262	Airbnb cash on cash: 0.05% Traditional cash on cash: 1.91% Airbnb Rental Income: $2048 Traditional Rental Income: $2529 Airbnb ROI: 0.05% Traditional ROI: 1.91%
3409 NW Prescott Court Grimes, IA Welcome to your dream home our Maple floor plan. This 1.5-story layout is designed to perf...	5 beds \| 4 baths \| 2,582 sq.ft.	$729,560	Airbnb cash on cash: 0.75% Traditional cash on cash: 2.03% Airbnb Rental Income: $3038 Traditional Rental Income: $3216 Airbnb ROI: 0.75% Traditional ROI: 2.03%
1412 NW 3rd Lane Grimes, IA Destiny Homes presents its Bailey plan in Grimes? Hope Timber Villas. The Bailey plan feat...	3 beds \| 3 baths \| 1,528 sq.ft.	$304,000	Airbnb cash on cash: 0.57% Traditional cash on cash: 5.56% Airbnb Rental Income: $1410 Traditional Rental Income: $2413 Airbnb ROI: 0.57% Traditional ROI: 5.56%
570 NW Crystal Creek Lane Grimes, IA 24-Hour Sale Don't forget to ask about financing promotions with the preferred lender. If ...	3 beds \| 2 baths \| 1,166 sq.ft.	$305,500	Airbnb cash on cash: 0.55% Traditional cash on cash: 4.73% Airbnb Rental Income: $1410 Traditional Rental Income: $2188 Airbnb ROI: 0.55% Traditional ROI: 4.73%
1112 NE 22nd Street Grimes, IA Stunning 5 bedroom, 3 bath Grimes home designed for modern living and entertaining with ap...	5 beds \| 3 baths \| 1,710 sq.ft.	$569,900	Airbnb cash on cash: 1.55% Traditional cash on cash: 2.09% Airbnb Rental Income: $3038 Traditional Rental Income: $2626 Airbnb ROI: 1.55% Traditional ROI: 2.09%
551 NW Rockwood Lane Grimes, IA Tour on your schedule, any day from 7 a.m. to 9 p.m., show up, scan the UTOUR QR code, and...	3 beds \| 3 baths \| 1,218 sq.ft.	$338,000	Airbnb cash on cash: 0.26% Traditional cash on cash: 4.25% Airbnb Rental Income: $1410 Traditional Rental Income: $2252 Airbnb ROI: 0.26% Traditional ROI: 4.25%
837 SW Boulder Dr Grimes, IA Ready for a ranch home with some "wow"? You'll find it in the Allendale plan by Jerry's Ho...	3 beds \| 2 baths \| 1,800 sq.ft.	$477,990	Airbnb cash on cash: -0.6% Traditional cash on cash: 2.82% Airbnb Rental Income: $1410 Traditional Rental Income: $2515 Airbnb ROI: -0.6% Traditional ROI: 2.82%

Real Estate investment in Grimes, IA

There are 134 properties for sale in the city of Grimes . The median list price in Grimes is $359,785 and the average price per square foot is $223. In August 2026, the average monthly cash on cash return in Grimes is 4.00%. The average monthly rental income in Grimes is $2,469.

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

There are 134 investment properties available for sale in Grimes.

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

The ROI for Long-Term is higher than the Short-Term in Grimes with average rental income of $2,469.

Your search for investment property begins and ends here

Investment Property for Sale in Grimes, IA

416 SE 15th Street

Grimes, IA

4 beds | 3 baths | 1,835 sq.ft.

$389,900

Airbnb cash on cash: 1.09%

Traditional cash on cash: 4.37%

Airbnb Rental Income: $2048

Traditional Rental Income: $2720

Airbnb ROI: 1.09%

Traditional ROI: 4.37%

2502 NE 6th Street

Grimes, IA

3 beds | 3 baths | 1,335 sq.ft.

$360,000

Airbnb cash on cash: 0.8%

Traditional cash on cash: 4.23%

Airbnb Rental Income: $1410

Traditional Rental Income: $2146

Airbnb ROI: 0.8%

Traditional ROI: 4.23%

2408 NE 6th Street

Grimes, IA

3 beds | 3 baths | 1,335 sq.ft.

$360,000

Airbnb cash on cash: 0.8%

Traditional cash on cash: 4.56%

Airbnb Rental Income: $1410

Traditional Rental Income: $2258

Airbnb ROI: 0.8%

Traditional ROI: 4.56%

2414 NE 6th Street

Grimes, IA

3 beds | 3 baths | 1,335 sq.ft.

$360,000

Airbnb cash on cash: 0.8%

Traditional cash on cash: 5.63%

Airbnb Rental Income: $1410

Traditional Rental Income: $2620

Airbnb ROI: 0.8%

Traditional ROI: 5.63%

2410 NE 6th Street

Grimes, IA

3 beds | 3 baths | 1,335 sq.ft.

$360,000

Airbnb cash on cash: 0.8%

Traditional cash on cash: 4.57%

Airbnb Rental Income: $1410

Traditional Rental Income: $2261

Airbnb ROI: 0.8%

Traditional ROI: 4.57%

2412 NE 6th Street

Grimes, IA

3 beds | 3 baths | 1,335 sq.ft.

$360,000

Airbnb cash on cash: 0.8%

Traditional cash on cash: 5.63%

Airbnb Rental Income: $1410

Traditional Rental Income: $2620

Airbnb ROI: 0.8%

Traditional ROI: 5.63%

1504 NE Polk Drive

Grimes, IA

3 beds | 3 baths | 1,588 sq.ft.

$286,000

Airbnb cash on cash: 0.63%

Traditional cash on cash: 7.62%

Airbnb Rental Income: $1410

Traditional Rental Income: $2871

Airbnb ROI: 0.63%

Traditional ROI: 7.62%

700 SE 15th Street

Grimes, IA

4 beds | 3 baths | 1,445 sq.ft.

$419,900

Airbnb cash on cash: 1.07%

Traditional cash on cash: 3.26%

Airbnb Rental Income: $2048

Traditional Rental Income: $2380

Airbnb ROI: 1.07%