Real Estate Investment Properties for Sale in Hiawatha, IA

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

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

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
3061 Dell Ridge Lane Hiawatha, IA Beautiful newer-built 5-bedroom, 3-bath home situated on a private half-acre wooded lot in...	5 beds \| 3 baths \| 3,228 sq.ft.	$599,900	Airbnb cash on cash: 0.51% Traditional cash on cash: 3.7% Airbnb Rental Income: $2464 Traditional Rental Income: $3652 Airbnb ROI: 0.51% Traditional ROI: 3.7%
2729 Prairielight Dr Hiawatha, IA 2729 Prairielight Dr, Cedar Rapids, IA 52233 \| Single Family Residential	5 beds \| 3 baths \| 2,462 sq.ft.	$354,990	Airbnb cash on cash: 2.72% Traditional cash on cash: 5.61% Airbnb Rental Income: $2464 Traditional Rental Income: $2827 Airbnb ROI: 2.72% Traditional ROI: 5.61%
2598 Anne Ln Hiawatha, IA 2598 Anne Ln, Hiawatha, IA 52233 \| Condo/Coop	3 beds \| 2 baths \| 1,511 sq.ft.	$239,990	Airbnb cash on cash: 2.59% Traditional cash on cash: 6.51% Airbnb Rental Income: $1983 Traditional Rental Income: $2353 Airbnb ROI: 2.59% Traditional ROI: 6.51%
2912 Timber Creek Ct Hiawatha, IA 2912 Timber Creek Ct, Hiawatha, IA 52233 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$126,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.22% Airbnb Rental Income: $null Traditional Rental Income: $1048 Airbnb ROI: N/A Traditional ROI: 5.22%
3990 Blairs Ferry Rd Hiawatha, IA 3990 Blairs Ferry Rd, Hiawatha, IA 52233 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$2,206,620	Airbnb cash on cash: N/A Traditional cash on cash: -2.1% Airbnb Rental Income: $null Traditional Rental Income: $1048 Airbnb ROI: N/A Traditional ROI: -2.1%
Heron - Heritage Plan Hiawatha, IA	4 beds \| 2 baths \| 2,178 sq.ft.	$503,000	Airbnb cash on cash: -0.33% Traditional cash on cash: 2.21% Airbnb Rental Income: $1593 Traditional Rental Income: $2336 Airbnb ROI: -0.33% Traditional ROI: 2.21%
Duke - Heritage Plan Hiawatha, IA	3 beds \| 2 baths \| 1,644 sq.ft.	$446,000	Airbnb cash on cash: 0.72% Traditional cash on cash: 2.48% Airbnb Rental Income: $1983 Traditional Rental Income: $2198 Airbnb ROI: 0.72% Traditional ROI: 2.48%
Princeton - Heritage Plan Hiawatha, IA	3 beds \| 2 baths \| 1,900 sq.ft.	$471,000	Airbnb cash on cash: 0.55% Traditional cash on cash: 2.36% Airbnb Rental Income: $1983 Traditional Rental Income: $2260 Airbnb ROI: 0.55% Traditional ROI: 2.36%
Lewis- Heritage Plan Hiawatha, IA	4 beds \| 2 baths \| 2,460 sq.ft.	$496,000	Airbnb cash on cash: -0.3% Traditional cash on cash: 2.32% Airbnb Rental Income: $1593 Traditional Rental Income: $2354 Airbnb ROI: -0.3% Traditional ROI: 2.32%
Westfield II - Heritage Plan Hiawatha, IA	3 beds \| 2 baths \| 1,547 sq.ft.	$416,000	Airbnb cash on cash: 0.96% Traditional cash on cash: 2.76% Airbnb Rental Income: $1983 Traditional Rental Income: $2163 Airbnb ROI: 0.96% Traditional ROI: 2.76%
1175 Tower Terrace Rd Hiawatha, IA 1175 Tower Terrace Rd, Hiawatha, IA 52233 \| Other	N/A beds \| N/A baths \| N/A	$1,486,485	Airbnb cash on cash: N/A Traditional cash on cash: -2.07% Airbnb Rental Income: $null Traditional Rental Income: $776 Airbnb ROI: N/A Traditional ROI: -2.07%
225 Clymer Road Hiawatha, IA This brand-new multifamily property in Hiawatha offers investors a rare opportunity to acq...	9 beds \| 3 baths \| 5,250 sq.ft.	$850,000	Airbnb cash on cash: 1.18% Traditional cash on cash: 2.67% Airbnb Rental Income: $2464 Traditional Rental Income: $3038 Airbnb ROI: 1.18% Traditional ROI: 2.67%
2455 Chloe Ln Hiawatha, IA 2455 Chloe Ln, Hiawatha, IA 52233 \| Townhouse	3 beds \| 2 baths \| 1,511 sq.ft.	$224,990	Airbnb cash on cash: 2.93% Traditional cash on cash: 7.29% Airbnb Rental Income: $1983 Traditional Rental Income: $2392 Airbnb ROI: 2.93% Traditional ROI: 7.29%
2451 Chloe Ln Hiawatha, IA 2451 Chloe Ln, Hiawatha, IA 52233 \| Townhouse	3 beds \| 2 baths \| 1,511 sq.ft.	$234,990	Airbnb cash on cash: 2.7% Traditional cash on cash: 6.88% Airbnb Rental Income: $1983 Traditional Rental Income: $2393 Airbnb ROI: 2.7% Traditional ROI: 6.88%
2457 Chloe Ln Hiawatha, IA 2457 Chloe Ln, Hiawatha, IA 52233 \| Townhouse	3 beds \| 2 baths \| 1,511 sq.ft.	$234,990	Airbnb cash on cash: 2.7% Traditional cash on cash: 6.88% Airbnb Rental Income: $1983 Traditional Rental Income: $2393 Airbnb ROI: 2.7% Traditional ROI: 6.88%
2453 Chloe Ln Hiawatha, IA 2453 Chloe Dr, Hiawatha, IA 52233 \| Condo/Coop	3 beds \| 2 baths \| 1,511 sq.ft.	$224,990	Airbnb cash on cash: 2.93% Traditional cash on cash: 7.29% Airbnb Rental Income: $1983 Traditional Rental Income: $2392 Airbnb ROI: 2.93% Traditional ROI: 7.29%
2872 Grassland Ct Hiawatha, IA 2872 Grassland Ct, Hiawatha, IA 52233 \| Single Family Residential	5 beds \| 3 baths \| 2,483 sq.ft.	$399,990	Airbnb cash on cash: 2.15% Traditional cash on cash: 5.6% Airbnb Rental Income: $2464 Traditional Rental Income: $3159 Airbnb ROI: 2.15% Traditional ROI: 5.6%
2874 Grassland Ct Hiawatha, IA 2874 Grassland Ct, Hiawatha, IA 52233 \| Single Family Residential	4 beds \| 3 baths \| 2,461 sq.ft.	$399,790	Airbnb cash on cash: 0.21% Traditional cash on cash: 5.71% Airbnb Rental Income: $1593 Traditional Rental Income: $3199 Airbnb ROI: 0.21% Traditional ROI: 5.71%
2880 Grassland Ct Hiawatha, IA 2880 Grassland Ct, Hiawatha, IA 52233 \| Single Family Residential	5 beds \| 3 baths \| 2,731 sq.ft.	$404,990	Airbnb cash on cash: 2.07% Traditional cash on cash: 5.76% Airbnb Rental Income: $2464 Traditional Rental Income: $3265 Airbnb ROI: 2.07% Traditional ROI: 5.76%
2763 Cecelia Dr Hiawatha, IA 2763 Cecelia Dr, Hiawatha, IA 52233 \| Single Family Residential	4 beds \| 2 baths \| 2,053 sq.ft.	$336,990	Airbnb cash on cash: 0.7% Traditional cash on cash: 5.73% Airbnb Rental Income: $1593 Traditional Rental Income: $2732 Airbnb ROI: 0.7% Traditional ROI: 5.73%
2097 Emmons St Hiawatha, IA 2097 Emmons St, Hiawatha, IA 52233 \| Single Family Residential	3 beds \| 3 baths \| 2,804 sq.ft.	$650,000	Airbnb cash on cash: -0.3% Traditional cash on cash: 2.32% Airbnb Rental Income: $1983 Traditional Rental Income: $3051 Airbnb ROI: -0.3% Traditional ROI: 2.32%
1450 N Center Point Rd - Lot 3 Rd Hiawatha, IA 1450 N Center Point Rd - Lot 3 Rd, Hiawatha, IA 52233 \| Other	N/A beds \| N/A baths \| N/A	$603,741	Airbnb cash on cash: N/A Traditional cash on cash: -1.16% Airbnb Rental Income: $null Traditional Rental Income: $880 Airbnb ROI: N/A Traditional ROI: -1.16%
2770 Cecelia Dr Hiawatha, IA 2770 Cecelia Dr, Hiawatha, IA 52233 \| Single Family Residential	4 beds \| 2 baths \| 2,053 sq.ft.	$344,990	Airbnb cash on cash: 0.63% Traditional cash on cash: 5.63% Airbnb Rental Income: $1593 Traditional Rental Income: $2760 Airbnb ROI: 0.63% Traditional ROI: 5.63%
2873 Prairielight Dr Hiawatha, IA 2873 Prairielight Dr, Hiawatha, IA 52233 \| Single Family Residential	5 beds \| 3 baths \| 2,731 sq.ft.	$404,990	Airbnb cash on cash: 2.07% Traditional cash on cash: 5.84% Airbnb Rental Income: $2464 Traditional Rental Income: $3296 Airbnb ROI: 2.07% Traditional ROI: 5.84%
2786 Anne Dr Hiawatha, IA Only three years old and over 2,000 sq ft of living space. Four bedrooms and three full ba...	4 beds \| 3 baths \| 1,992 sq.ft.	$324,950	Airbnb cash on cash: 0.91% Traditional cash on cash: 7.03% Airbnb Rental Income: $1593 Traditional Rental Income: $3009 Airbnb ROI: 0.91% Traditional ROI: 7.03%
2806 Mary Drive Hiawatha, IA Welcome home to this spacious & well-maintained 4 bed, 3 bath home! Built new in 2025 and ...	4 beds \| 3 baths \| 2,191 sq.ft.	$359,000	Airbnb cash on cash: 2.03% Traditional cash on cash: 7.8% Airbnb Rental Income: $1593 Traditional Rental Income: $3083 Airbnb ROI: 2.03% Traditional ROI: 7.8%
2877 Prairielight Dr Hiawatha, IA 2877 Prairielight Dr, Hiawatha, IA 52233 \| Single Family Residential	4 beds \| 3 baths \| 2,190 sq.ft.	$389,990	Airbnb cash on cash: 0.28% Traditional cash on cash: 5.7% Airbnb Rental Income: $1593 Traditional Rental Income: $3120 Airbnb ROI: 0.28% Traditional ROI: 5.7%
2865 Prairielight Dr Hiawatha, IA 2865 Prairielight Dr, Hiawatha, IA 52233 \| Single Family Residential	4 beds \| 3 baths \| 2,461 sq.ft.	$395,990	Airbnb cash on cash: 0.24% Traditional cash on cash: 5.87% Airbnb Rental Income: $1593 Traditional Rental Income: $3230 Airbnb ROI: 0.24% Traditional ROI: 5.87%
2762 Cecelia Dr Hiawatha, IA 2762 Cecelia Dr, Hiawatha, IA 52233 \| Single Family Residential	4 beds \| 3 baths \| 2,042 sq.ft.	$329,990	Airbnb cash on cash: 0.77% Traditional cash on cash: 6.89% Airbnb Rental Income: $1593 Traditional Rental Income: $3038 Airbnb ROI: 0.77% Traditional ROI: 6.89%
3004 Forrest Meadow Ln Hiawatha, IA Skip the wait for new construction and move right into this custom-built Hiawatha home on ...	5 beds \| 4 baths \| 1,918 sq.ft.	$660,000	Airbnb cash on cash: 0.39% Traditional cash on cash: 2.37% Airbnb Rental Income: $2464 Traditional Rental Income: $3083 Airbnb ROI: 0.39% Traditional ROI: 2.37%
664 J Ave NE Hiawatha, IA *HOA Special Credit Available - Contact agent for more details. End-unit townhome-style c...	3 beds \| 3 baths \| 1,255 sq.ft.	$225,000	Airbnb cash on cash: 1.26% Traditional cash on cash: 4.24% Airbnb Rental Income: $1983 Traditional Rental Income: $2100 Airbnb ROI: 1.26% Traditional ROI: 4.24%
2928 Alleghany Dr NE Hiawatha, IA Nestled in a highly desired NE Cedar Rapids neighborhood, this charming ranch-style home o...	3 beds \| 3 baths \| 1,977 sq.ft.	$350,000	Airbnb cash on cash: 1.64% Traditional cash on cash: 5.41% Airbnb Rental Income: $1983 Traditional Rental Income: $2703 Airbnb ROI: 1.64% Traditional ROI: 5.41%
6410 NE Creekside Drive #2 Hiawatha, IA THIS IS THE ONE THE BUYERS WAIT FOR! Completely remodeled MAIN FLOOR, zero entry, condo in...	2 beds \| 1 baths \| 900 sq.ft.	$120,000	Airbnb cash on cash: 0.93% Traditional cash on cash: 7.22% Airbnb Rental Income: $1035 Traditional Rental Income: $1402 Airbnb ROI: 0.93% Traditional ROI: 7.22%
1732 Pikes Peak Court NE #F Hiawatha, IA Experience easy living in this sunny & bright 2 bed/ 2 bath main level ranch condo. Tucked...	2 beds \| 2 baths \| 1,232 sq.ft.	$145,000	Airbnb cash on cash: -0.12% Traditional cash on cash: 7.85% Airbnb Rental Income: $1035 Traditional Rental Income: $1780 Airbnb ROI: -0.12% Traditional ROI: 7.85%

Real Estate investment in Hiawatha, IA

There are 34 properties for sale in the city of Hiawatha . The median list price in Hiawatha is $317,336 and the average price per square foot is $159. In June 2026, the average monthly cash on cash return in Hiawatha is 6.00%. The average monthly rental income in Hiawatha is $2,393.

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

There are 34 investment properties available for sale in Hiawatha.

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

The ROI for Long-Term is higher than the Short-Term in Hiawatha with average rental income of $2,393.

Your search for investment property begins and ends here

Investment Property for Sale in Hiawatha, IA

3061 Dell Ridge Lane

Hiawatha, IA

5 beds | 3 baths | 3,228 sq.ft.

$599,900

Airbnb cash on cash: 0.51%

Traditional cash on cash: 3.7%

Airbnb Rental Income: $2464

Traditional Rental Income: $3652

Airbnb ROI: 0.51%

Traditional ROI: 3.7%

2729 Prairielight Dr

Hiawatha, IA

5 beds | 3 baths | 2,462 sq.ft.

$354,990

Airbnb cash on cash: 2.72%

Traditional cash on cash: 5.61%

Airbnb Rental Income: $2464

Traditional Rental Income: $2827

Airbnb ROI: 2.72%

Traditional ROI: 5.61%

2598 Anne Ln

Hiawatha, IA

3 beds | 2 baths | 1,511 sq.ft.

$239,990

Airbnb cash on cash: 2.59%

Traditional cash on cash: 6.51%

Airbnb Rental Income: $1983

Traditional Rental Income: $2353

Airbnb ROI: 2.59%

Traditional ROI: 6.51%

2912 Timber Creek Ct

Hiawatha, IA

N/A beds | N/A baths | 0 sq.ft.

$126,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.22%

Airbnb Rental Income: $null

Traditional Rental Income: $1048

Airbnb ROI: N/A

Traditional ROI: 5.22%

3990 Blairs Ferry Rd

Hiawatha, IA

N/A beds | N/A baths | 0 sq.ft.

$2,206,620

Airbnb cash on cash: N/A

Traditional cash on cash: -2.1%

Airbnb Rental Income: $null

Traditional Rental Income: $1048

Airbnb ROI: N/A

Traditional ROI: -2.1%

Heron - Heritage Plan

Hiawatha, IA

4 beds | 2 baths | 2,178 sq.ft.

$503,000

Airbnb cash on cash: -0.33%

Traditional cash on cash: 2.21%

Airbnb Rental Income: $1593

Traditional Rental Income: $2336

Airbnb ROI: -0.33%

Traditional ROI: 2.21%

Duke - Heritage Plan

Hiawatha, IA

3 beds | 2 baths | 1,644 sq.ft.

$446,000

Airbnb cash on cash: 0.72%

Traditional cash on cash: 2.48%

Airbnb Rental Income: $1983

Traditional Rental Income: $2198

Airbnb ROI: 0.72%

Traditional ROI: 2.48%

Princeton - Heritage Plan

Hiawatha, IA

3 beds | 2 baths | 1,900 sq.ft.

$471,000

Airbnb cash on cash: 0.55%

Traditional cash on cash: 2.36%

Airbnb Rental Income: $1983

Traditional Rental Income: $2260

Airbnb ROI: 0.55%