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

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1214 NW 3rd Street Grimes, IA Incredible value in this gorgeous 5 bedroom, 4 bathroom home with an Office and spacious l...	5 beds \| 4 baths \| 2,179 sq.ft.	$435,000	Airbnb cash on cash: -0.15% Traditional cash on cash: 4.92% Airbnb Rental Income: $1616 Traditional Rental Income: $3225 Airbnb ROI: -0.15% Traditional ROI: 4.92%
1904 NW Prairie Creek Drive Grimes, IA Almost 2600 square feet of finish in this 4-bedroom, 3-bath WALKOUT ranch! Seller is offer...	4 beds \| 3 baths \| 1,581 sq.ft.	$464,990	Airbnb cash on cash: 0.17% Traditional cash on cash: 2.24% Airbnb Rental Income: $1757 Traditional Rental Income: $2175 Airbnb ROI: 0.17% Traditional ROI: 2.24%
3006 SE Glenstone Drive Grimes, IA Build 2015, updated LVP flooring throughout main level, stainless steel kitchen appliances...	3 beds \| 3 baths \| 1,636 sq.ft.	$244,500	Airbnb cash on cash: -0.89% Traditional cash on cash: 6.83% Airbnb Rental Income: $1062 Traditional Rental Income: $2479 Airbnb ROI: -0.89% Traditional ROI: 6.83%
2500 NE 6th Street Grimes, IA Check out this bi-attached home in Grimes! The kitchen features quartz countertops, extra ...	3 beds \| 3 baths \| 1,335 sq.ft.	$360,000	Airbnb cash on cash: -0.06% Traditional cash on cash: 4.66% Airbnb Rental Income: $1062 Traditional Rental Income: $2291 Airbnb ROI: -0.06% Traditional ROI: 4.66%
2502 NE 6th Street Grimes, IA Check out this bi-attached townhome in Grimes! The kitchen features quartz countertops, ex...	3 beds \| 3 baths \| 1,335 sq.ft.	$360,000	Airbnb cash on cash: -0.06% Traditional cash on cash: 4.23% Airbnb Rental Income: $1062 Traditional Rental Income: $2146 Airbnb ROI: -0.06% Traditional ROI: 4.23%
2408 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: -0.06% Traditional cash on cash: 4.56% Airbnb Rental Income: $1062 Traditional Rental Income: $2258 Airbnb ROI: -0.06% Traditional ROI: 4.56%
2414 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: -0.06% Traditional cash on cash: 5.63% Airbnb Rental Income: $1062 Traditional Rental Income: $2620 Airbnb ROI: -0.06% Traditional ROI: 5.63%
2410 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: -0.06% Traditional cash on cash: 4.57% Airbnb Rental Income: $1062 Traditional Rental Income: $2261 Airbnb ROI: -0.06% 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: -0.06% Traditional cash on cash: 5.63% Airbnb Rental Income: $1062 Traditional Rental Income: $2620 Airbnb ROI: -0.06% Traditional ROI: 5.63%
1405 NE Mocking Bird Lane Grimes, IA Move-In Ready Townhome in the Johnston School District - Spacious & Low Maintenance! Welco...	3 beds \| 3 baths \| 1,637 sq.ft.	$295,000	Airbnb cash on cash: -1.03% Traditional cash on cash: 5.62% Airbnb Rental Income: $1062 Traditional Rental Income: $2542 Airbnb ROI: -1.03% Traditional ROI: 5.62%
904 NW Sienna Drive Grimes, IA Spacious 4-bedroom ranch with open-concept living located on a quiet dead-end street. The ...	4 beds \| 3 baths \| 1,384 sq.ft.	$368,000	Airbnb cash on cash: 0.75% Traditional cash on cash: 4.02% Airbnb Rental Income: $1757 Traditional Rental Income: $2408 Airbnb ROI: 0.75% Traditional ROI: 4.02%
2860 NW Brookside Drive Grimes, IA Welcome to 2860 NW Brookside Drive - where modern elegance meets timeless craftsmanship in...	4 beds \| 3 baths \| 1,915 sq.ft.	$689,900	Airbnb cash on cash: -0.57% Traditional cash on cash: 1.81% Airbnb Rental Income: $1757 Traditional Rental Income: $2801 Airbnb ROI: -0.57% Traditional ROI: 1.81%
406 NW Beaverbrooke Boulevard Grimes, IA Rarely available and better than move-in ready, this stunning 3-bedroom, 3-bath walkout ra...	3 beds \| 3 baths \| 1,350 sq.ft.	$368,500	Airbnb cash on cash: -1.45% Traditional cash on cash: 1.96% Airbnb Rental Income: $1062 Traditional Rental Income: $1876 Airbnb ROI: -1.45% Traditional ROI: 1.96%
916 NE Silkwood Street Grimes, IA	4 beds \| 3 baths \| 1,627 sq.ft.	$465,000	Airbnb cash on cash: 0.1% Traditional cash on cash: 2.13% Airbnb Rental Income: $1757 Traditional Rental Income: $2158 Airbnb ROI: 0.1% Traditional ROI: 2.13%
105 NE 21st Circle Grimes, IA Beautiful 2-story home offering 1,684 sq ft, 4 bedrooms, and 2.5 baths located in the grow...	4 beds \| 3 baths \| 1,684 sq.ft.	$347,500	Airbnb cash on cash: 0.9% Traditional cash on cash: 3% Airbnb Rental Income: $1757 Traditional Rental Income: $1962 Airbnb ROI: 0.9% Traditional ROI: 3%
2872 NW Beechwood Drive Grimes, IA Beautiful custom-built 5 bed, 3 bath ranch home built in 2024 offering over 3,500 sq ft of...	5 beds \| 3 baths \| 1,982 sq.ft.	$698,200	Airbnb cash on cash: -0.62% Traditional cash on cash: 1.71% Airbnb Rental Income: $1616 Traditional Rental Income: $2676 Airbnb ROI: -0.62% Traditional ROI: 1.71%
905 NE 12th Street Grimes, IA Step into a home that delivers both style and substance-this brand-new build by Kimberley ...	5 beds \| 3 baths \| 1,770 sq.ft.	$499,000	Airbnb cash on cash: -0.63% Traditional cash on cash: 2.43% Airbnb Rental Income: $1616 Traditional Rental Income: $2584 Airbnb ROI: -0.63% Traditional ROI: 2.43%
847 SW Cattail Road Grimes, IA Welcome home to this brand new house plan by J Larson Homes. The Maple Ranch Plan features...	5 beds \| 3 baths \| 1,586 sq.ft.	$559,000	Airbnb cash on cash: -0.55% Traditional cash on cash: 2.25% Airbnb Rental Income: $1616 Traditional Rental Income: $2622 Airbnb ROI: -0.55% Traditional ROI: 2.25%
713 SE 12th Street Grimes, IA This spacious 4-bedroom, 3-bath ranch home offers over 2,300 sq ft of beautifully finished...	4 beds \| 3 baths \| 1,425 sq.ft.	$379,000	Airbnb cash on cash: 0.6% Traditional cash on cash: 3.4% Airbnb Rental Income: $1757 Traditional Rental Income: $2268 Airbnb ROI: 0.6% Traditional ROI: 3.4%
781 SW Cattail Road Grimes, IA Welcome to Grimes' newest Development, Hope Meadows. This Hickory Ranch Plan by John Larso...	4 beds \| 3 baths \| 1,492 sq.ft.	$549,000	Airbnb cash on cash: 1.26% Traditional cash on cash: 3.58% Airbnb Rental Income: $1757 Traditional Rental Income: $2466 Airbnb ROI: 1.26% Traditional ROI: 3.58%
2938 NW Beechwood Drive Grimes, IA Beautifully designed by Frampton Homes, this stunning residence offers 2,689 square feet o...	5 beds \| 4 baths \| 1,661 sq.ft.	$559,900	Airbnb cash on cash: 0.72% Traditional cash on cash: 3.81% Airbnb Rental Income: $1616 Traditional Rental Income: $2773 Airbnb ROI: 0.72% Traditional ROI: 3.81%
1128 NW 29th Court Grimes, IA Crafted by Frampton Homes, this stunning 5-bedroom home offers 3,551 square feet of expert...	5 beds \| 3 baths \| 2,021 sq.ft.	$799,900	Airbnb cash on cash: 0.3% Traditional cash on cash: 2.7% Airbnb Rental Income: $1616 Traditional Rental Income: $2944 Airbnb ROI: 0.3% Traditional ROI: 2.7%
715 SW Cattail Road Grimes, IA Step into this stunning walk out ranch and step out back for a beautiful and peaceful view...	4 beds \| 3 baths \| 1,717 sq.ft.	$624,900	Airbnb cash on cash: -0.56% Traditional cash on cash: 1.47% Airbnb Rental Income: $1757 Traditional Rental Income: $2457 Airbnb ROI: -0.56% Traditional ROI: 1.47%
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.	$398,900	Airbnb cash on cash: 0.58% Traditional cash on cash: 4.38% Airbnb Rental Income: $1757 Traditional Rental Income: $2695 Airbnb ROI: 0.58% Traditional ROI: 4.38%
2100 NW Prairie Creek Drive Grimes, IA Enjoy the tranquility of backing up to a serene pond and scenic trail, with extensive land...	4 beds \| 3 baths \| 1,660 sq.ft.	$485,000	Airbnb cash on cash: -0.26% Traditional cash on cash: 2.58% Airbnb Rental Income: $1757 Traditional Rental Income: $2563 Airbnb ROI: -0.26% Traditional ROI: 2.58%
401 NW Valley View Drive Grimes, IA Are you looking for WARM, COZY and CHARMING? Look no further, it's here in Grimes. This 4-...	3 beds \| 2 baths \| 1,440 sq.ft.	$279,000	Airbnb cash on cash: -0.42% Traditional cash on cash: 3.02% Airbnb Rental Income: $1062 Traditional Rental Income: $1602 Airbnb ROI: -0.42% Traditional ROI: 3.02%
712 NE 9th Street Grimes, IA One of the most affordable ways into the Dallas Center-Grimes school district. This 3-bed,...	3 beds \| 2 baths \| 880 sq.ft.	$229,900	Airbnb cash on cash: 0.11% Traditional cash on cash: 4.81% Airbnb Rental Income: $1062 Traditional Rental Income: $1717 Airbnb ROI: 0.11% Traditional ROI: 4.81%
2802 NE Brentwood Circle Grimes, IA BEST VALUE IN GRIMES!! This contemporary walkout ranch is truly one of a kind, offering ov...	5 beds \| 3 baths \| 1,961 sq.ft.	$589,900	Airbnb cash on cash: -0.86% Traditional cash on cash: 2.41% Airbnb Rental Income: $1616 Traditional Rental Income: $2958 Airbnb ROI: -0.86% Traditional ROI: 2.41%
2908 SE Diamond Drive Grimes, IA Charming 3-Bedroom Home in Grimes - Johnston School District! Welcome to this well-maintai...	3 beds \| 3 baths \| 1,434 sq.ft.	$310,000	Airbnb cash on cash: -0.51% Traditional cash on cash: 5.02% Airbnb Rental Income: $1062 Traditional Rental Income: $2309 Airbnb ROI: -0.51% Traditional ROI: 5.02%
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.	$218,000	Airbnb cash on cash: 2.03% Traditional cash on cash: 7.34% Airbnb Rental Income: $1381 Traditional Rental Income: $2058 Airbnb ROI: 2.03% Traditional ROI: 7.34%
677 SW Cattail Road Grimes, IA	4 beds \| 3 baths \| 1,707 sq.ft.	$557,248	Airbnb cash on cash: 1.26% Traditional cash on cash: 3.78% Airbnb Rental Income: $1757 Traditional Rental Income: $2590 Airbnb ROI: 1.26% Traditional ROI: 3.78%
740 SW Cattail Road Grimes, IA Tour the Dogwood C model by Greenland Homes, where the heart of the home is a spacious eat...	3 beds \| 2 baths \| 1,417 sq.ft.	$407,000	Airbnb cash on cash: -1.02% Traditional cash on cash: 3% Airbnb Rental Income: $1062 Traditional Rental Income: $2228 Airbnb ROI: -1.02% Traditional ROI: 3%
3185 NW Prescott Court Grimes, IA Welcome to our stunning Sycamore XL floor plan, where modern elegance meets spacious comfo...	5 beds \| 3 baths \| 1,862 sq.ft.	$565,000	Airbnb cash on cash: -0.54% Traditional cash on cash: 2.65% Airbnb Rental Income: $1616 Traditional Rental Income: $2840 Airbnb ROI: -0.54% Traditional ROI: 2.65%
424 SE 12th Street Grimes, IA This beautiful two-story home, nestled in the heart of Grimes, truly has it all. The open-...	4 beds \| 4 baths \| 1,865 sq.ft.	$405,000	Airbnb cash on cash: 0.57% Traditional cash on cash: 4.74% Airbnb Rental Income: $1757 Traditional Rental Income: $2857 Airbnb ROI: 0.57% Traditional ROI: 4.74%
726 SW Cattail Road Grimes, IA Welcome home to the finished Quincy Ranch Plan by Greenland Homes in the Hope Meadows comm...	3 beds \| 2 baths \| 1,463 sq.ft.	$405,000	Airbnb cash on cash: -1.01% Traditional cash on cash: 3.07% Airbnb Rental Income: $1062 Traditional Rental Income: $2245 Airbnb ROI: -1.01% Traditional ROI: 3.07%
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.	$742,500	Airbnb cash on cash: -0.93% Traditional cash on cash: 1.26% Airbnb Rental Income: $1757 Traditional Rental Income: $2790 Airbnb ROI: -0.93% Traditional ROI: 1.26%
809 NE Bridge Creek Court Grimes, IA Escape to your resort-caliber property where architectural details and sophistication meet...	5 beds \| 7 baths \| 4,904 sq.ft.	$2,150,000	Airbnb cash on cash: -1.96% Traditional cash on cash: 0.86% Airbnb Rental Income: $1616 Traditional Rental Income: $6783 Airbnb ROI: -1.96% Traditional ROI: 0.86%
105 NW 8th Street unit: 106 Grimes, IA Discover easy living in the great city of Grimes! This 2 bed, 2 bath condo features a brig...	2 beds \| 2 baths \| 900 sq.ft.	$139,900	Airbnb cash on cash: 3.9% Traditional cash on cash: 10.36% Airbnb Rental Income: $1381 Traditional Rental Income: $1829 Airbnb ROI: 3.9% Traditional ROI: 10.36%
3057 NW Beechwood Drive Grimes, IA This Frampton Home is officially Complete! This spectacular Fulton 5 bedroom, 3 bath ranch...	5 beds \| 3 baths \| 1,860 sq.ft.	$719,900	Airbnb cash on cash: -0.97% Traditional cash on cash: 1.52% Airbnb Rental Income: $1616 Traditional Rental Income: $2834 Airbnb ROI: -0.97% Traditional ROI: 1.52%
550 NW Cherrywood Lane Grimes, IA Welcome to the Hoover Ranch, a well-designed 3-bedroom, 2-bath home located in the Village...	3 beds \| 2 baths \| 1,166 sq.ft.	$305,000	Airbnb cash on cash: -0.45% Traditional cash on cash: 4.6% Airbnb Rental Income: $1062 Traditional Rental Income: $2147 Airbnb ROI: -0.45% Traditional ROI: 4.6%

Real Estate investment in Grimes, IA

There are 100 properties for sale in the city of Grimes . The median list price in Grimes is $395,500 and the average price per square foot is $245. In March 2026, the average monthly cash on cash return in Grimes is 3.00%. The average monthly rental income in Grimes is $2,411.

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

There are 100 investment properties available for sale in Grimes.

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

The ROI for Short-Term is higher than the Long-Term in Grimes with average rental income of $1,616.

Your search for investment property begins and ends here

Investment Property for Sale in Grimes, IA

1214 NW 3rd Street

Grimes, IA

5 beds | 4 baths | 2,179 sq.ft.

$435,000

Airbnb cash on cash: -0.15%

Traditional cash on cash: 4.92%

Airbnb Rental Income: $1616

Traditional Rental Income: $3225

Airbnb ROI: -0.15%

Traditional ROI: 4.92%

1904 NW Prairie Creek Drive

Grimes, IA

4 beds | 3 baths | 1,581 sq.ft.

$464,990

Airbnb cash on cash: 0.17%

Traditional cash on cash: 2.24%

Airbnb Rental Income: $1757

Traditional Rental Income: $2175

Airbnb ROI: 0.17%

Traditional ROI: 2.24%

3006 SE Glenstone Drive

Grimes, IA

3 beds | 3 baths | 1,636 sq.ft.

$244,500

Airbnb cash on cash: -0.89%

Traditional cash on cash: 6.83%

Airbnb Rental Income: $1062

Traditional Rental Income: $2479

Airbnb ROI: -0.89%

Traditional ROI: 6.83%

2500 NE 6th Street

Grimes, IA

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

$360,000

Airbnb cash on cash: -0.06%

Traditional cash on cash: 4.66%

Airbnb Rental Income: $1062

Traditional Rental Income: $2291

Airbnb ROI: -0.06%

Traditional ROI: 4.66%

2502 NE 6th Street

Grimes, IA

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

$360,000

Airbnb cash on cash: -0.06%

Traditional cash on cash: 4.23%

Airbnb Rental Income: $1062

Traditional Rental Income: $2146

Airbnb ROI: -0.06%

Traditional ROI: 4.23%

2408 NE 6th Street

Grimes, IA

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

$360,000

Airbnb cash on cash: -0.06%

Traditional cash on cash: 4.56%

Airbnb Rental Income: $1062

Traditional Rental Income: $2258

Airbnb ROI: -0.06%

Traditional ROI: 4.56%

2414 NE 6th Street

Grimes, IA

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

$360,000

Airbnb cash on cash: -0.06%

Traditional cash on cash: 5.63%

Airbnb Rental Income: $1062

Traditional Rental Income: $2620

Airbnb ROI: -0.06%

Traditional ROI: 5.63%

2410 NE 6th Street

Grimes, IA

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

$360,000

Airbnb cash on cash: -0.06%

Traditional cash on cash: 4.57%

Airbnb Rental Income: $1062

Traditional Rental Income: $2261

Airbnb ROI: -0.06%