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
1716 NW Prairie Creek Drive Grimes, IA NOTE: Finished basement square footage is estimate to be 900sf (consisting of a family roo...	4 beds \| 3 baths \| 1,608 sq.ft.	$489,900	Airbnb cash on cash: 1.12% Traditional cash on cash: 3.02% Airbnb Rental Income: $2282 Traditional Rental Income: $2583 Airbnb ROI: 1.12% Traditional ROI: 3.02%
1004 NW 8th Street Grimes, IA Welcome to Autumn Park! If private & quiet are what you are looking for, you have found it...	5 beds \| 3 baths \| 1,566 sq.ft.	$462,000	Airbnb cash on cash: -0.3% Traditional cash on cash: 3.16% Airbnb Rental Income: $1593 Traditional Rental Income: $2636 Airbnb ROI: -0.3% Traditional ROI: 3.16%
600 SE 2nd Street Grimes, IA Don't miss this charming and spacious 2-bedroom, 1-bath 1 1/2-story home, beautifully upda...	2 beds \| 1 baths \| 1,036 sq.ft.	$219,900	Airbnb cash on cash: 3.64% Traditional cash on cash: 4.48% Airbnb Rental Income: $1886 Traditional Rental Income: $1557 Airbnb ROI: 3.64% Traditional ROI: 4.48%
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: -0.17% Traditional cash on cash: 4.95% Airbnb Rental Income: $1593 Traditional Rental Income: $3225 Airbnb ROI: -0.17% Traditional ROI: 4.95%
1704 NW Norton Court Grimes, IA Beautifully updated four bedroom ranch home in the Beaverbrooke West neighborhood in Grime...	4 beds \| 3 baths \| 1,454 sq.ft.	$424,900	Airbnb cash on cash: 1.38% Traditional cash on cash: 3.05% Airbnb Rental Income: $2282 Traditional Rental Income: $2378 Airbnb ROI: 1.38% Traditional ROI: 3.05%
300 NW Sunset Lane Grimes, IA Nestled on a quiet street with mature trees in the back and a scenic walking path nearby, ...	4 beds \| 4 baths \| 1,894 sq.ft.	$559,900	Airbnb cash on cash: 0.67% Traditional cash on cash: 2.99% Airbnb Rental Income: $2282 Traditional Rental Income: $2927 Airbnb ROI: 0.67% Traditional ROI: 2.99%
712 NE 4th Street Grimes, IA This charming home is conveniently located near everything Grimes has to offer. Plus, it h...	3 beds \| 3 baths \| 1,308 sq.ft.	$334,900	Airbnb cash on cash: -0.92% Traditional cash on cash: 4.19% Airbnb Rental Income: $960 Traditional Rental Income: $2218 Airbnb ROI: -0.92% Traditional ROI: 4.19%
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.	$378,500	Airbnb cash on cash: -0.35% Traditional cash on cash: 4.38% Airbnb Rental Income: $960 Traditional Rental Income: $2291 Airbnb ROI: -0.35% Traditional ROI: 4.38%
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.	$378,500	Airbnb cash on cash: -0.35% Traditional cash on cash: 3.98% Airbnb Rental Income: $960 Traditional Rental Income: $2146 Airbnb ROI: -0.35% Traditional ROI: 3.98%
2408 NE 6th Street Grimes, IA BUILDER SPECIAL: 1% Interest Rate Buydown! The builder will cover a 1% interest rate reduc...	3 beds \| 3 baths \| 1,335 sq.ft.	$384,900	Airbnb cash on cash: -0.36% Traditional cash on cash: 4.2% Airbnb Rental Income: $960 Traditional Rental Income: $2258 Airbnb ROI: -0.36% Traditional ROI: 4.2%
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.	$378,500	Airbnb cash on cash: -0.35% Traditional cash on cash: 5.31% Airbnb Rental Income: $960 Traditional Rental Income: $2620 Airbnb ROI: -0.35% Traditional ROI: 5.31%
2410 NE 6th Street Grimes, IA BUILDER SPECIAL: 1% Interest Rate Buydown! The builder will cover a 1% interest rate reduc...	3 beds \| 3 baths \| 1,335 sq.ft.	$384,900	Airbnb cash on cash: -0.36% Traditional cash on cash: 4.21% Airbnb Rental Income: $960 Traditional Rental Income: $2261 Airbnb ROI: -0.36% Traditional ROI: 4.21%
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.	$378,500	Airbnb cash on cash: -0.35% Traditional cash on cash: 5.31% Airbnb Rental Income: $960 Traditional Rental Income: $2620 Airbnb ROI: -0.35% Traditional ROI: 5.31%
1504 NE Savana Drive Grimes, IA Welcome to this beautifully maintained 4-bedroom, 4-bath home in the heart of Grimes! Idea...	4 beds \| 4 baths \| 1,545 sq.ft.	$342,500	Airbnb cash on cash: 2.22% Traditional cash on cash: 5.26% Airbnb Rental Income: $2282 Traditional Rental Income: $2691 Airbnb ROI: 2.22% Traditional ROI: 5.26%
1414 NE Cedarwood Drive Grimes, IA This stunning two-story blends modern style, thoughtful design, and everyday functionality...	3 beds \| 3 baths \| 1,512 sq.ft.	$315,000	Airbnb cash on cash: -0.95% Traditional cash on cash: 5.32% Airbnb Rental Income: $960 Traditional Rental Income: $2469 Airbnb ROI: -0.95% Traditional ROI: 5.32%
219 NW Calista Court Grimes, IA This beautifully updated 4-bedroom, 2-bathroom home is truly move-in ready! You'll love th...	4 beds \| 2 baths \| 1,026 sq.ft.	$320,000	Airbnb cash on cash: 0.8% Traditional cash on cash: 2.57% Airbnb Rental Income: $1581 Traditional Rental Income: $1661 Airbnb ROI: 0.8% Traditional ROI: 2.57%
309 NW Beechwood Drive Grimes, IA Welcome to this beautifully updated ranch-style home with over 2,300 square feet of finish...	5 beds \| 3 baths \| 1,488 sq.ft.	$425,000	Airbnb cash on cash: -0.33% Traditional cash on cash: 3.39% Airbnb Rental Income: $1593 Traditional Rental Income: $2621 Airbnb ROI: -0.33% Traditional ROI: 3.39%
916 NE Silkwood Street Grimes, IA Step into this stunning ranch-style home, built in 2016 and lovingly maintained by its ori...	4 beds \| 3 baths \| 1,627 sq.ft.	$475,000	Airbnb cash on cash: 1.07% Traditional cash on cash: 2.07% Airbnb Rental Income: $2282 Traditional Rental Income: $2158 Airbnb ROI: 1.07% Traditional ROI: 2.07%
1413 NE Park Street Grimes, IA Located just down the street from Beaverbrook Elementary, this spacious two-story home off...	5 beds \| 4 baths \| 2,110 sq.ft.	$415,000	Airbnb cash on cash: 0.1% Traditional cash on cash: 5.6% Airbnb Rental Income: $1593 Traditional Rental Income: $3276 Airbnb ROI: 0.1% Traditional ROI: 5.6%
2800 NE Cherry Court Grimes, IA Welcome to this stunning, like-new Ranch Walkout that feels as though it were designed jus...	5 beds \| 3 baths \| 1,874 sq.ft.	$599,900	Airbnb cash on cash: -1.37% Traditional cash on cash: 1.8% Airbnb Rental Income: $1593 Traditional Rental Income: $2918 Airbnb ROI: -1.37% Traditional ROI: 1.8%
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.	$534,900	Airbnb cash on cash: -0.69% Traditional cash on cash: 2.2% Airbnb Rental Income: $1593 Traditional Rental Income: $2584 Airbnb ROI: -0.69% Traditional ROI: 2.2%
3251 NW Brookside Drive Grimes, IA Step into your future with the Spencer 2 Story by Greenland Homes, where smart design meet...	4 beds \| 3 baths \| 1,667 sq.ft.	$405,000	Airbnb cash on cash: 1.65% Traditional cash on cash: 3.86% Airbnb Rental Income: $2282 Traditional Rental Income: $2551 Airbnb ROI: 1.65% Traditional ROI: 3.86%
1185 NW 28th Street Grimes, IA This well-designed Farmhouse style walk-out ranch located in Willow Hills, Grimes is built...	4 beds \| 3 baths \| 1,784 sq.ft.	$659,900	Airbnb cash on cash: 0.39% Traditional cash on cash: 1.91% Airbnb Rental Income: $2282 Traditional Rental Income: $2653 Airbnb ROI: 0.39% Traditional ROI: 1.91%
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: 2.29% Airbnb Rental Income: $1593 Traditional Rental Income: $2622 Airbnb ROI: -0.55% Traditional ROI: 2.29%
873 SW Cattail Road Grimes, IA Welcome to the Walnut Ranch Plan by J Larson Homes. You'll love this 5 bedroom home comple...	5 beds \| 3 baths \| 1,610 sq.ft.	$549,900	Airbnb cash on cash: -0.52% Traditional cash on cash: 2.37% Airbnb Rental Income: $1593 Traditional Rental Income: $2622 Airbnb ROI: -0.52% Traditional ROI: 2.37%
604 NW 8th Street Grimes, IA Grimes 2-sty that features approx. 2,348 of finish with 4 bedrooms and 3.5 baths. The main...	4 beds \| 4 baths \| 1,853 sq.ft.	$359,900	Airbnb cash on cash: 2.03% Traditional cash on cash: 5.2% Airbnb Rental Income: $2282 Traditional Rental Income: $2785 Airbnb ROI: 2.03% Traditional ROI: 5.2%
903 SW Cattail Road 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.	$544,000	Airbnb cash on cash: 2.14% Traditional cash on cash: 3.77% Airbnb Rental Income: $2282 Traditional Rental Income: $2543 Airbnb ROI: 2.14% Traditional ROI: 3.77%
2938 NW Beechwood Drive Grimes, IA October Promotion! For the month of October, all accepted offers on any Frampton Homes spe...	5 beds \| 4 baths \| 1,661 sq.ft.	$595,000	Airbnb cash on cash: 0.58% Traditional cash on cash: 3.53% Airbnb Rental Income: $1593 Traditional Rental Income: $2773 Airbnb ROI: 0.58% Traditional ROI: 3.53%
3285 NW Brookside Drive Grimes, IA Welcome to your dream home in the vibrant community of Willow Hills North in Grimes, IA! T...	4 beds \| 3 baths \| 1,406 sq.ft.	$440,000	Airbnb cash on cash: 1.32% Traditional cash on cash: 3.15% Airbnb Rental Income: $2282 Traditional Rental Income: $2469 Airbnb ROI: 1.32% Traditional ROI: 3.15%
1128 NW 29th Court Grimes, IA October Promotion! For the month of October, all accepted offers on any Frampton Homes spe...	5 beds \| 3 baths \| 2,021 sq.ft.	$805,000	Airbnb cash on cash: 0.27% Traditional cash on cash: 2.68% Airbnb Rental Income: $1593 Traditional Rental Income: $2944 Airbnb ROI: 0.27% Traditional ROI: 2.68%
905 SE Meadowlark Drive Grimes, IA Welcome to this charming two-story home in Grimes, offering a lovely blend of comfort and ...	3 beds \| 4 baths \| 1,403 sq.ft.	$305,000	Airbnb cash on cash: -0.97% Traditional cash on cash: 4.67% Airbnb Rental Income: $960 Traditional Rental Income: $2231 Airbnb ROI: -0.97% Traditional ROI: 4.67%
401 NE Harvey Street Grimes, IA Fully remodeled ranch in the heart of Grimes; DCG schools, unbeatable location, and small-...	3 beds \| 3 baths \| 936 sq.ft.	$263,000	Airbnb cash on cash: -0.76% Traditional cash on cash: 4.72% Airbnb Rental Income: $960 Traditional Rental Income: $1971 Airbnb ROI: -0.76% Traditional ROI: 4.72%
1217 NW Morningside Court Grimes, IA Are you looking for an insanely low interest rate to go with an amazing home? Now offering...	5 beds \| 3 baths \| 1,614 sq.ft.	$459,000	Airbnb cash on cash: -0.08% Traditional cash on cash: 3.09% Airbnb Rental Income: $1593 Traditional Rental Income: $2503 Airbnb ROI: -0.08% Traditional ROI: 3.09%
3217 NW Prescott Court Grimes, IA Welcome to the stunning Sequoia floor plan! This magnificent two-story residence spans an ...	5 beds \| 4 baths \| 2,464 sq.ft.	$632,960	Airbnb cash on cash: -0.79% Traditional cash on cash: 2.84% Airbnb Rental Income: $1593 Traditional Rental Income: $3280 Airbnb ROI: -0.79% Traditional ROI: 2.84%
1305 NW 28th Street Grimes, IA Better than new & truly move-in ready, this stunning 5-bed, 3-bath walkout ranch offers ov...	5 beds \| 3 baths \| 1,993 sq.ft.	$750,000	Airbnb cash on cash: -0.76% Traditional cash on cash: 1.77% Airbnb Rental Income: $1593 Traditional Rental Income: $2906 Airbnb ROI: -0.76% Traditional ROI: 1.77%
3400 SE Glenstone Drive unit: 3 #3 Grimes, IA Start your Summer as a homeowner! This isn't your average condo. It's a rare 3 bedroom/ 2 ...	3 beds \| 2 baths \| 1,208 sq.ft.	$180,000	Airbnb cash on cash: 0.64% Traditional cash on cash: 8.68% Airbnb Rental Income: $960 Traditional Rental Income: $1988 Airbnb ROI: 0.64% Traditional ROI: 8.68%
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.	$399,900	Airbnb cash on cash: 1.74% Traditional cash on cash: 4.36% Airbnb Rental Income: $2282 Traditional Rental Income: $2695 Airbnb ROI: 1.74% Traditional ROI: 4.36%
1609 NW Prairie Creek Drive Grimes, IA Welcome home to this beautiful custom built home! Walking up you'll be greeted with great ...	4 beds \| 3 baths \| 1,662 sq.ft.	$515,000	Airbnb cash on cash: 0.64% Traditional cash on cash: 2.45% Airbnb Rental Income: $2282 Traditional Rental Income: $2582 Airbnb ROI: 0.64% Traditional ROI: 2.45%
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.	$499,900	Airbnb cash on cash: 0.66% Traditional cash on cash: 2.47% Airbnb Rental Income: $2282 Traditional Rental Income: $2563 Airbnb ROI: 0.66% Traditional ROI: 2.47%
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.	$299,000	Airbnb cash on cash: -0.76% Traditional cash on cash: 2.76% Airbnb Rental Income: $960 Traditional Rental Income: $1602 Airbnb ROI: -0.76% Traditional ROI: 2.76%

Real Estate investment in Grimes, IA

There are 80 properties for sale in the city of Grimes . The median list price in Grimes is $397,450 and the average price per square foot is $257. In October 2025, the average monthly cash on cash return in Grimes is 4.00%. The average monthly rental income in Grimes is $2,486.

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

There are 80 investment properties available for sale in Grimes.

In 2025, 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 $1,593.

Your search for investment property begins and ends here

Investment Property for Sale in Grimes, IA

1716 NW Prairie Creek Drive

Grimes, IA

4 beds | 3 baths | 1,608 sq.ft.

$489,900

Airbnb cash on cash: 1.12%

Traditional cash on cash: 3.02%

Airbnb Rental Income: $2282

Traditional Rental Income: $2583

Airbnb ROI: 1.12%

Traditional ROI: 3.02%

1004 NW 8th Street

Grimes, IA

5 beds | 3 baths | 1,566 sq.ft.

$462,000

Airbnb cash on cash: -0.3%

Traditional cash on cash: 3.16%

Airbnb Rental Income: $1593

Traditional Rental Income: $2636

Airbnb ROI: -0.3%

Traditional ROI: 3.16%

600 SE 2nd Street

Grimes, IA

2 beds | 1 baths | 1,036 sq.ft.

$219,900

Airbnb cash on cash: 3.64%

Traditional cash on cash: 4.48%

Airbnb Rental Income: $1886

Traditional Rental Income: $1557

Airbnb ROI: 3.64%

Traditional ROI: 4.48%

1214 NW 3rd Street

Grimes, IA

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

$435,000

Airbnb cash on cash: -0.17%

Traditional cash on cash: 4.95%

Airbnb Rental Income: $1593

Traditional Rental Income: $3225

Airbnb ROI: -0.17%

Traditional ROI: 4.95%

1704 NW Norton Court

Grimes, IA

4 beds | 3 baths | 1,454 sq.ft.

$424,900

Airbnb cash on cash: 1.38%

Traditional cash on cash: 3.05%

Airbnb Rental Income: $2282

Traditional Rental Income: $2378

Airbnb ROI: 1.38%

Traditional ROI: 3.05%

300 NW Sunset Lane

Grimes, IA

4 beds | 4 baths | 1,894 sq.ft.

$559,900

Airbnb cash on cash: 0.67%

Traditional cash on cash: 2.99%

Airbnb Rental Income: $2282

Traditional Rental Income: $2927

Airbnb ROI: 0.67%

Traditional ROI: 2.99%

712 NE 4th Street

Grimes, IA

3 beds | 3 baths | 1,308 sq.ft.

$334,900

Airbnb cash on cash: -0.92%

Traditional cash on cash: 4.19%

Airbnb Rental Income: $960

Traditional Rental Income: $2218

Airbnb ROI: -0.92%

Traditional ROI: 4.19%

2500 NE 6th Street

Grimes, IA

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

$378,500

Airbnb cash on cash: -0.35%

Traditional cash on cash: 4.38%

Airbnb Rental Income: $960

Traditional Rental Income: $2291

Airbnb ROI: -0.35%