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
1208 SW 4th Street Grimes, IA This inviting 3-bedroom, 4-bath two-story with about 2,000 sq ft of finished living space ...	3 beds \| 4 baths \| 1,478 sq.ft.	$305,000	Airbnb cash on cash: -1.28% Traditional cash on cash: 4.7% Airbnb Rental Income: $840 Traditional Rental Income: $2228 Airbnb ROI: -1.28% Traditional ROI: 4.7%
613 NE 7th Street Grimes, IA Step into this beautifully updated split-level home in Grimes, offering 3 bedrooms, 2 bath...	3 beds \| 2 baths \| 880 sq.ft.	$268,000	Airbnb cash on cash: -0.77% Traditional cash on cash: 4.3% Airbnb Rental Income: $840 Traditional Rental Income: $1795 Airbnb ROI: -0.77% Traditional ROI: 4.3%
2500 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: -0.61% Traditional cash on cash: 4.66% Airbnb Rental Income: $840 Traditional Rental Income: $2291 Airbnb ROI: -0.61% Traditional ROI: 4.66%
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: -0.61% Traditional cash on cash: 4.23% Airbnb Rental Income: $840 Traditional Rental Income: $2146 Airbnb ROI: -0.61% 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: -0.61% Traditional cash on cash: 4.56% Airbnb Rental Income: $840 Traditional Rental Income: $2258 Airbnb ROI: -0.61% 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: -0.61% Traditional cash on cash: 5.63% Airbnb Rental Income: $840 Traditional Rental Income: $2620 Airbnb ROI: -0.61% 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: -0.61% Traditional cash on cash: 4.57% Airbnb Rental Income: $840 Traditional Rental Income: $2261 Airbnb ROI: -0.61% 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: -0.61% Traditional cash on cash: 5.63% Airbnb Rental Income: $840 Traditional Rental Income: $2620 Airbnb ROI: -0.61% Traditional ROI: 5.63%
617 SE Meadowlark Drive Grimes, IA Charm meets function in this 2-story home! Walk into a bright, vaulted living room with wa...	4 beds \| 3 baths \| 1,772 sq.ft.	$369,990	Airbnb cash on cash: 0.12% Traditional cash on cash: 4.52% Airbnb Rental Income: $1434 Traditional Rental Income: $2532 Airbnb ROI: 0.12% Traditional ROI: 4.52%
1335 SE 6th Street #304 Grimes, IA Very cute updated 2-bedroom condo in a great location in Grimes. This well-maintained home...	2 beds \| 1 baths \| 879 sq.ft.	$147,000	Airbnb cash on cash: 1.62% Traditional cash on cash: 6.97% Airbnb Rental Income: $1195 Traditional Rental Income: $1560 Airbnb ROI: 1.62% Traditional ROI: 6.97%
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.	$295,000	Airbnb cash on cash: -1.69% Traditional cash on cash: 5.62% Airbnb Rental Income: $840 Traditional Rental Income: $2542 Airbnb ROI: -1.69% Traditional ROI: 5.62%
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.	$364,900	Airbnb cash on cash: -1.34% Traditional cash on cash: 3.63% Airbnb Rental Income: $1195 Traditional Rental Income: $2508 Airbnb ROI: -1.34% Traditional ROI: 3.63%
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: -0.03% Traditional cash on cash: 4.02% Airbnb Rental Income: $1434 Traditional Rental Income: $2408 Airbnb ROI: -0.03% Traditional ROI: 4.02%
1516 NE Mocking Bird Lane Grimes, IA THIS TOWNHOME IS BEAUTIFUL!!! The moment you step in the door, you will be you will be ast...	2 beds \| 4 baths \| 1,637 sq.ft.	$315,000	Airbnb cash on cash: -0.82% Traditional cash on cash: 4.34% Airbnb Rental Income: $1195 Traditional Rental Income: $2336 Airbnb ROI: -0.82% Traditional ROI: 4.34%
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: -1.99% Traditional cash on cash: 1.96% Airbnb Rental Income: $840 Traditional Rental Income: $1876 Airbnb ROI: -1.99% Traditional ROI: 1.96%
916 NE Silkwood Street Grimes, IA	4 beds \| 3 baths \| 1,627 sq.ft.	$465,000	Airbnb cash on cash: -0.52% Traditional cash on cash: 2.13% Airbnb Rental Income: $1434 Traditional Rental Income: $2158 Airbnb ROI: -0.52% Traditional ROI: 2.13%
3008 SE Glenstone Drive Grimes, IA Beautiful end-unit townhome in the Johnston School District offering low-maintenance livin...	3 beds \| 3 baths \| 1,636 sq.ft.	$252,900	Airbnb cash on cash: -1.83% Traditional cash on cash: 4.32% Airbnb Rental Income: $840 Traditional Rental Income: $1979 Airbnb ROI: -1.83% Traditional ROI: 4.32%
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: 1.9% Traditional cash on cash: 5.58% Airbnb Rental Income: $2442 Traditional Rental Income: $3276 Airbnb ROI: 1.9% Traditional ROI: 5.58%
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: 0.07% Traditional cash on cash: 3% Airbnb Rental Income: $1434 Traditional Rental Income: $1962 Airbnb ROI: 0.07% 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: 0.44% Traditional cash on cash: 1.71% Airbnb Rental Income: $2442 Traditional Rental Income: $2676 Airbnb ROI: 0.44% Traditional ROI: 1.71%
1414 NE Polk Drive Grimes, IA Built in 2019, this stylish two-story home blends modern finishes with thoughtful design t...	3 beds \| 3 baths \| 1,614 sq.ft.	$312,000	Airbnb cash on cash: -1.35% Traditional cash on cash: 3.5% Airbnb Rental Income: $840 Traditional Rental Income: $1936 Airbnb ROI: -1.35% Traditional ROI: 3.5%
713 SE 12th Street Grimes, IA New Price for Quick Sale-Motivated Seller Alert! This spacious 4-bedroom, 3-bath ranch hom...	4 beds \| 3 baths \| 1,425 sq.ft.	$369,999	Airbnb cash on cash: -0.13% Traditional cash on cash: 3.5% Airbnb Rental Income: $1434 Traditional Rental Income: $2268 Airbnb ROI: -0.13% Traditional ROI: 3.5%
310 Jacob Street SE Grimes, IA Located in the growing community of Grimes, this ranch home sits on a spacious corner lot ...	1 beds \| 1 baths \| 776 sq.ft.	$140,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.95% Airbnb Rental Income: $null Traditional Rental Income: $1681 Airbnb ROI: N/A Traditional ROI: 8.95%
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: 0.73% Traditional cash on cash: 3.58% Airbnb Rental Income: $1434 Traditional Rental Income: $2466 Airbnb ROI: 0.73% 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: 2.04% Traditional cash on cash: 3.81% Airbnb Rental Income: $2442 Traditional Rental Income: $2773 Airbnb ROI: 2.04% 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: 1.23% Traditional cash on cash: 2.7% Airbnb Rental Income: $2442 Traditional Rental Income: $2944 Airbnb ROI: 1.23% Traditional ROI: 2.7%
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.	$389,900	Airbnb cash on cash: -0.12% Traditional cash on cash: 4.5% Airbnb Rental Income: $1434 Traditional Rental Income: $2695 Airbnb ROI: -0.12% Traditional ROI: 4.5%
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.	$475,000	Airbnb cash on cash: -0.85% Traditional cash on cash: 2.65% Airbnb Rental Income: $1434 Traditional Rental Income: $2563 Airbnb ROI: -0.85% Traditional ROI: 2.65%
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: -1.13% Traditional cash on cash: 3.02% Airbnb Rental Income: $840 Traditional Rental Income: $1602 Airbnb ROI: -1.13% Traditional ROI: 3.02%
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.	$210,000	Airbnb cash on cash: 1.37% Traditional cash on cash: 7.65% Airbnb Rental Income: $1195 Traditional Rental Income: $2058 Airbnb ROI: 1.37% Traditional ROI: 7.65%
677 SW Cattail Road Grimes, IA	4 beds \| 3 baths \| 1,707 sq.ft.	$557,248	Airbnb cash on cash: 0.74% Traditional cash on cash: 3.78% Airbnb Rental Income: $1434 Traditional Rental Income: $2590 Airbnb ROI: 0.74% Traditional ROI: 3.78%
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: 0.76% Traditional cash on cash: 2.65% Airbnb Rental Income: $2442 Traditional Rental Income: $2840 Airbnb ROI: 0.76% Traditional ROI: 2.65%
704 SW Maplewood Drive Grimes, IA Welcome to this beautifully maintained 4-bedroom, 3.5-bath home in the heart of Grimes, ju...	4 beds \| 4 baths \| 1,920 sq.ft.	$384,000	Airbnb cash on cash: -0.01% Traditional cash on cash: 5.2% Airbnb Rental Income: $1434 Traditional Rental Income: $2884 Airbnb ROI: -0.01% Traditional ROI: 5.2%
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.	$730,000	Airbnb cash on cash: -1.32% Traditional cash on cash: 1.3% Airbnb Rental Income: $1434 Traditional Rental Income: $2790 Airbnb ROI: -1.32% Traditional ROI: 1.3%
105 NW 8th Street #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: 2.74% Traditional cash on cash: 10.36% Airbnb Rental Income: $1195 Traditional Rental Income: $1829 Airbnb ROI: 2.74% 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: 0.05% Traditional cash on cash: 1.52% Airbnb Rental Income: $2442 Traditional Rental Income: $2834 Airbnb ROI: 0.05% 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: -1.1% Traditional cash on cash: 4.6% Airbnb Rental Income: $840 Traditional Rental Income: $2147 Airbnb ROI: -1.1% Traditional ROI: 4.6%
551 NW Cherrywood Lane Grimes, IA The Adams II two-story offers 3 bedrooms, 3 baths, and a smart, functional layout designed...	3 beds \| 3 baths \| 1,493 sq.ft.	$326,000	Airbnb cash on cash: -1.19% Traditional cash on cash: 5.08% Airbnb Rental Income: $840 Traditional Rental Income: $2433 Airbnb ROI: -1.19% Traditional ROI: 5.08%
621 NE 4th Street Grimes, IA Nice home that has been wonderfully maintained and features an updated kitchen and 2 full ...	3 beds \| 2 baths \| 852 sq.ft.	$275,000	Airbnb cash on cash: -0.96% Traditional cash on cash: 4.12% Airbnb Rental Income: $840 Traditional Rental Income: $1826 Airbnb ROI: -0.96% Traditional ROI: 4.12%
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: -0.96% Traditional cash on cash: 2.71% Airbnb Rental Income: $1434 Traditional Rental Income: $3058 Airbnb ROI: -0.96% Traditional ROI: 2.71%

Real Estate investment in Grimes, IA

There are 127 properties for sale in the city of Grimes . The median list price in Grimes is $360,000 and the average price per square foot is $232. In May 2026, the average monthly cash on cash return in Grimes is 4.00%. The average monthly rental income in Grimes is $2,406.

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

There are 127 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 $1,195.

Your search for investment property begins and ends here

Investment Property for Sale in Grimes, IA

1208 SW 4th Street

Grimes, IA

3 beds | 4 baths | 1,478 sq.ft.

$305,000

Airbnb cash on cash: -1.28%

Traditional cash on cash: 4.7%

Airbnb Rental Income: $840

Traditional Rental Income: $2228

Airbnb ROI: -1.28%

Traditional ROI: 4.7%

613 NE 7th Street

Grimes, IA

3 beds | 2 baths | 880 sq.ft.

$268,000

Airbnb cash on cash: -0.77%

Traditional cash on cash: 4.3%

Airbnb Rental Income: $840

Traditional Rental Income: $1795

Airbnb ROI: -0.77%

Traditional ROI: 4.3%

2500 NE 6th Street

Grimes, IA

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

$360,000

Airbnb cash on cash: -0.61%

Traditional cash on cash: 4.66%

Airbnb Rental Income: $840

Traditional Rental Income: $2291

Airbnb ROI: -0.61%

Traditional ROI: 4.66%

2502 NE 6th Street

Grimes, IA

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

$360,000

Airbnb cash on cash: -0.61%

Traditional cash on cash: 4.23%

Airbnb Rental Income: $840

Traditional Rental Income: $2146

Airbnb ROI: -0.61%

Traditional ROI: 4.23%

2408 NE 6th Street

Grimes, IA

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

$360,000

Airbnb cash on cash: -0.61%

Traditional cash on cash: 4.56%

Airbnb Rental Income: $840

Traditional Rental Income: $2258

Airbnb ROI: -0.61%

Traditional ROI: 4.56%

2414 NE 6th Street

Grimes, IA

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

$360,000

Airbnb cash on cash: -0.61%

Traditional cash on cash: 5.63%

Airbnb Rental Income: $840

Traditional Rental Income: $2620

Airbnb ROI: -0.61%

Traditional ROI: 5.63%

2410 NE 6th Street

Grimes, IA

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

$360,000

Airbnb cash on cash: -0.61%

Traditional cash on cash: 4.57%

Airbnb Rental Income: $840

Traditional Rental Income: $2261

Airbnb ROI: -0.61%

Traditional ROI: 4.57%

2412 NE 6th Street

Grimes, IA

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

$360,000

Airbnb cash on cash: -0.61%

Traditional cash on cash: 5.63%

Airbnb Rental Income: $840

Traditional Rental Income: $2620

Airbnb ROI: -0.61%