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.	$484,900	Airbnb cash on cash: 0.18% Traditional cash on cash: 3.06% Airbnb Rental Income: $1757 Traditional Rental Income: $2583 Airbnb ROI: 0.18% Traditional ROI: 3.06%
2801 SE Ridge Crest Street Grimes, IA Welcome to this move-in ready ranch home featuring 4 bedrooms and 3 baths that perfectly b...	4 beds \| 3 baths \| 1,240 sq.ft.	$350,000	Airbnb cash on cash: 1.07% Traditional cash on cash: 3.86% Airbnb Rental Income: $1757 Traditional Rental Income: $2192 Airbnb ROI: 1.07% Traditional ROI: 3.86%
2408 NE 12th Street Grimes, IA Beautifully updated 5 bedroom, 3 bath, walkout ranch on a spacious .31-acre lot with a 3-c...	5 beds \| 3 baths \| 1,505 sq.ft.	$445,000	Airbnb cash on cash: 0.13% Traditional cash on cash: 3.14% Airbnb Rental Income: $1616 Traditional Rental Income: $2412 Airbnb ROI: 0.13% Traditional ROI: 3.14%
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 \| 3 baths \| 1,894 sq.ft.	$559,900	Airbnb cash on cash: -0.17% Traditional cash on cash: 2.99% Airbnb Rental Income: $1757 Traditional Rental Income: $2927 Airbnb ROI: -0.17% Traditional ROI: 2.99%
800 NE Silkwood Street Grimes, IA Welcome to this beautifully maintained home located in the Johnston School District. This ...	4 beds \| 4 baths \| 1,745 sq.ft.	$369,900	Airbnb cash on cash: 0.91% Traditional cash on cash: 4.16% Airbnb Rental Income: $1757 Traditional Rental Income: $2405 Airbnb ROI: 0.91% Traditional ROI: 4.16%
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.	$247,500	Airbnb cash on cash: -0.89% Traditional cash on cash: 6.73% Airbnb Rental Income: $1062 Traditional Rental Income: $2479 Airbnb ROI: -0.89% Traditional ROI: 6.73%
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.	$365,000	Airbnb cash on cash: -0.08% Traditional cash on cash: 4.58% Airbnb Rental Income: $1062 Traditional Rental Income: $2291 Airbnb ROI: -0.08% Traditional ROI: 4.58%
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.	$365,000	Airbnb cash on cash: -0.08% Traditional cash on cash: 4.16% Airbnb Rental Income: $1062 Traditional Rental Income: $2146 Airbnb ROI: -0.08% Traditional ROI: 4.16%
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.	$365,000	Airbnb cash on cash: -0.08% Traditional cash on cash: 4.48% Airbnb Rental Income: $1062 Traditional Rental Income: $2258 Airbnb ROI: -0.08% Traditional ROI: 4.48%
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.	$365,000	Airbnb cash on cash: -0.08% Traditional cash on cash: 5.54% Airbnb Rental Income: $1062 Traditional Rental Income: $2620 Airbnb ROI: -0.08% Traditional ROI: 5.54%
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.	$365,000	Airbnb cash on cash: -0.08% Traditional cash on cash: 4.49% Airbnb Rental Income: $1062 Traditional Rental Income: $2261 Airbnb ROI: -0.08% Traditional ROI: 4.49%
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.	$365,000	Airbnb cash on cash: -0.08% Traditional cash on cash: 5.54% Airbnb Rental Income: $1062 Traditional Rental Income: $2620 Airbnb ROI: -0.08% Traditional ROI: 5.54%
700 NE 6th Street Grimes, IA Welcome home to this beautifully updated 4-bedroom, 2-bath split foyer in the heart of Gri...	4 beds \| 2 baths \| 853 sq.ft.	$287,500	Airbnb cash on cash: 1.79% Traditional cash on cash: 4.11% Airbnb Rental Income: $1757 Traditional Rental Income: $1903 Airbnb ROI: 1.79% Traditional ROI: 4.11%
1417 NE Cedarwood Drive Grimes, IA In a prime north Grimes location near Heritage Elementary and the new library, this 2021-b...	4 beds \| 3 baths \| 1,620 sq.ft.	$292,000	Airbnb cash on cash: 1.55% Traditional cash on cash: 4.79% Airbnb Rental Income: $1757 Traditional Rental Income: $2164 Airbnb ROI: 1.55% Traditional ROI: 4.79%
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%
309 NW Beechwood Drive Grimes, IA Welcome to this ranch with more than 2,300 square feet of finished space. The kitchen feat...	5 beds \| 3 baths \| 1,488 sq.ft.	$410,000	Airbnb cash on cash: -0.26% Traditional cash on cash: 3.55% Airbnb Rental Income: $1616 Traditional Rental Income: $2621 Airbnb ROI: -0.26% Traditional ROI: 3.55%
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.	$374,900	Airbnb cash on cash: -1.44% Traditional cash on cash: 1.91% Airbnb Rental Income: $1062 Traditional Rental Income: $1876 Airbnb ROI: -1.44% Traditional ROI: 1.91%
1204 NE Park Street Grimes, IA Step inside this must-see two-story home in an established Grimes neighborhood and feel im...	3 beds \| 3 baths \| 1,400 sq.ft.	$320,000	Airbnb cash on cash: -0.62% Traditional cash on cash: 3.45% Airbnb Rental Income: $1062 Traditional Rental Income: $1922 Airbnb ROI: -0.62% Traditional ROI: 3.45%
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%
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 $3,000 Window treatment allowance in December and January! Welcome home to this brand new ...	5 beds \| 3 baths \| 1,586 sq.ft.	$559,000	Airbnb cash on cash: -0.52% Traditional cash on cash: 2.29% Airbnb Rental Income: $1616 Traditional Rental Income: $2622 Airbnb ROI: -0.52% Traditional ROI: 2.29%
873 SW Cattail Road Grimes, IA $3,000 window treatment allowance in December and January! Welcome to the Walnut Ranch Pla...	5 beds \| 3 baths \| 1,610 sq.ft.	$549,900	Airbnb cash on cash: -0.48% Traditional cash on cash: 2.37% Airbnb Rental Income: $1616 Traditional Rental Income: $2622 Airbnb ROI: -0.48% Traditional ROI: 2.37%
2938 NW Beechwood Drive Grimes, IA Welcome to 2938 Northwest Beechwood Drive in Grimes, a beautifully designed home by Frampt...	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%
22947 W Ave Grimes, IA Set on 3.89 acres just minutes from Grimes and Waukee, this 4-bedroom, 3-bath home offers ...	4 beds \| 2 baths \| 1,625 sq.ft.	$875,000	Airbnb cash on cash: -0.21% Traditional cash on cash: 1.21% Airbnb Rental Income: $1757 Traditional Rental Income: $2430 Airbnb ROI: -0.21% Traditional ROI: 1.21%
1305 NW 28th Street Grimes, IA Discover exceptional style, space, and location at 1305 NW 28th St in Grimes, nestled in t...	5 beds \| 3 baths \| 1,993 sq.ft.	$740,000	Airbnb cash on cash: -0.73% Traditional cash on cash: 1.8% Airbnb Rental Income: $1616 Traditional Rental Income: $2906 Airbnb ROI: -0.73% Traditional ROI: 1.8%
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%
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 UPDATED & MOVE-IN READY SPLIT-LEVEL W/FOUR-SEASON PORCH IN GRIMES! This charming, 3-BED, 2...	3 beds \| 2 baths \| 880 sq.ft.	$234,900	Airbnb cash on cash: 0.09% Traditional cash on cash: 4.68% Airbnb Rental Income: $1062 Traditional Rental Income: $1717 Airbnb ROI: 0.09% Traditional ROI: 4.68%
2802 NE Brentwood Circle Grimes, IA This contemporary walkout ranch is truly one of a kind, offering over 3,500 sq ft of beaut...	5 beds \| 3 baths \| 1,961 sq.ft.	$598,900	Airbnb cash on cash: -0.86% Traditional cash on cash: 2.36% Airbnb Rental Income: $1616 Traditional Rental Income: $2958 Airbnb ROI: -0.86% Traditional ROI: 2.36%
2215 NW Gabus Drive Grimes, IA Welcome to this stunning 4 bed executive ranch plus office-a masterpiece of timeless livin...	4 beds \| 3 baths \| 1,754 sq.ft.	$539,900	Airbnb cash on cash: -0.4% Traditional cash on cash: 1.89% Airbnb Rental Income: $1757 Traditional Rental Income: $2434 Airbnb ROI: -0.4% Traditional ROI: 1.89%
411 NW 7th Street Grimes, IA Excited to present a 4 bed, 2 bath Split foyer home for under $300k in Grimes! The main fl...	4 beds \| 2 baths \| 894 sq.ft.	$259,900	Airbnb cash on cash: 2.09% Traditional cash on cash: 4.58% Airbnb Rental Income: $1757 Traditional Rental Income: $1886 Airbnb ROI: 2.09% Traditional ROI: 4.58%
2150 NE 18th Street unit: 112 #112 Grimes, IA MOVE IN READY! Pet friendly townhome with Grimes address in Johnston schools. The townhome...	2 beds \| 2 baths \| 1,056 sq.ft.	$175,000	Airbnb cash on cash: 2.68% Traditional cash on cash: 9.12% Airbnb Rental Income: $1381 Traditional Rental Income: $2035 Airbnb ROI: 2.68% Traditional ROI: 9.12%
513 SE 15th Street Grimes, IA Spacious 5 bed, 3 bath home in Grimes with 3-car garage, extended driveway & over 2,500 sq...	5 beds \| 3 baths \| 1,425 sq.ft.	$395,000	Airbnb cash on cash: 0.37% Traditional cash on cash: 3.9% Airbnb Rental Income: $1616 Traditional Rental Income: $2467 Airbnb ROI: 0.37% Traditional ROI: 3.9%
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.	$320,000	Airbnb cash on cash: -0.52% Traditional cash on cash: 4.84% Airbnb Rental Income: $1062 Traditional Rental Income: $2309 Airbnb ROI: -0.52% Traditional ROI: 4.84%
105 SE Little Beaver Court Grimes, IA Welcome home to this 2-story townhome in a prime, highly desirable central Grimes location...	2 beds \| 3 baths \| 1,164 sq.ft.	$224,900	Airbnb cash on cash: 1.73% Traditional cash on cash: 6.88% Airbnb Rental Income: $1381 Traditional Rental Income: $2058 Airbnb ROI: 1.73% Traditional ROI: 6.88%
2513 NE 6th Street Grimes, IA Discover this spacious bi-attached home offering over 2,500 sq ft of thoughtfully finished...	4 beds \| 3 baths \| 1,272 sq.ft.	$335,000	Airbnb cash on cash: 0.96% Traditional cash on cash: 4.35% Airbnb Rental Income: $1757 Traditional Rental Income: $2345 Airbnb ROI: 0.96% Traditional ROI: 4.35%
2150 NE 18th Street unit: 6 #6 Grimes, IA This well-maintained 2-bedroom, 2 bath townhouse offers comfort, convenience, and low-main...	2 beds \| 2 baths \| 1,056 sq.ft.	$170,000	Airbnb cash on cash: 2.66% Traditional cash on cash: 8.78% Airbnb Rental Income: $1381 Traditional Rental Income: $1954 Airbnb ROI: 2.66% Traditional ROI: 8.78%
113 NW Maplewood Drive Grimes, IA Traditional two story plan with one of the nicest kitchen remodels you'll find. Formal liv...	3 beds \| 3 baths \| 1,668 sq.ft.	$295,000	Airbnb cash on cash: -0.27% Traditional cash on cash: 5.73% Airbnb Rental Income: $1062 Traditional Rental Income: $2362 Airbnb ROI: -0.27% Traditional ROI: 5.73%
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%

Real Estate investment in Grimes, IA

There are 85 properties for sale in the city of Grimes . The median list price in Grimes is $365,000 and the average price per square foot is $234. In February 2026, the average monthly cash on cash return in Grimes is 4.00%. The average monthly rental income in Grimes is $2,430.

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

There are 85 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

1716 NW Prairie Creek Drive

Grimes, IA

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

$484,900

Airbnb cash on cash: 0.18%

Traditional cash on cash: 3.06%

Airbnb Rental Income: $1757

Traditional Rental Income: $2583

Airbnb ROI: 0.18%

Traditional ROI: 3.06%

2801 SE Ridge Crest Street

Grimes, IA

4 beds | 3 baths | 1,240 sq.ft.

$350,000

Airbnb cash on cash: 1.07%

Traditional cash on cash: 3.86%

Airbnb Rental Income: $1757

Traditional Rental Income: $2192

Airbnb ROI: 1.07%

Traditional ROI: 3.86%

2408 NE 12th Street

Grimes, IA

5 beds | 3 baths | 1,505 sq.ft.

$445,000

Airbnb cash on cash: 0.13%

Traditional cash on cash: 3.14%

Airbnb Rental Income: $1616

Traditional Rental Income: $2412

Airbnb ROI: 0.13%

Traditional ROI: 3.14%

300 NW Sunset Lane

Grimes, IA

4 beds | 3 baths | 1,894 sq.ft.

$559,900

Airbnb cash on cash: -0.17%

Traditional cash on cash: 2.99%

Airbnb Rental Income: $1757

Traditional Rental Income: $2927

Airbnb ROI: -0.17%

Traditional ROI: 2.99%

800 NE Silkwood Street

Grimes, IA

4 beds | 4 baths | 1,745 sq.ft.

$369,900

Airbnb cash on cash: 0.91%

Traditional cash on cash: 4.16%

Airbnb Rental Income: $1757

Traditional Rental Income: $2405

Airbnb ROI: 0.91%

Traditional ROI: 4.16%

3006 SE Glenstone Drive

Grimes, IA

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

$247,500

Airbnb cash on cash: -0.89%

Traditional cash on cash: 6.73%

Airbnb Rental Income: $1062

Traditional Rental Income: $2479

Airbnb ROI: -0.89%

Traditional ROI: 6.73%

2500 NE 6th Street

Grimes, IA

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

$365,000

Airbnb cash on cash: -0.08%

Traditional cash on cash: 4.58%

Airbnb Rental Income: $1062

Traditional Rental Income: $2291

Airbnb ROI: -0.08%

Traditional ROI: 4.58%

2502 NE 6th Street

Grimes, IA

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

$365,000

Airbnb cash on cash: -0.08%

Traditional cash on cash: 4.16%

Airbnb Rental Income: $1062

Traditional Rental Income: $2146

Airbnb ROI: -0.08%