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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
355 Wolf Valley Rd Hiawatha, IA Step inside this one owner home that has been lovingly maintained and updated. This home s...	4 beds \| 3 baths \| 2,388 sq.ft.	$369,000	Airbnb cash on cash: 1.15% Traditional cash on cash: 5.77% Airbnb Rental Income: $1753 Traditional Rental Income: $2873 Airbnb ROI: 1.15% Traditional ROI: 5.77%
129 Northwood Drive Hiawatha, IA Cute home on nearly an acre of wooded land with plenty of room to add a garage. Newer sidi...	3 beds \| 1 baths \| 1,110 sq.ft.	$179,950	Airbnb cash on cash: 2.76% Traditional cash on cash: 6.98% Airbnb Rental Income: $1445 Traditional Rental Income: $1737 Airbnb ROI: 2.76% Traditional ROI: 6.98%
2879 Grassland Ct Hiawatha, IA 2879 Grassland Ct, Hiawatha, IA 52233 \| Single Family Residential	5 beds \| 3 baths \| 2,461 sq.ft.	$379,990	Airbnb cash on cash: 0.67% Traditional cash on cash: 5.09% Airbnb Rental Income: $1729 Traditional Rental Income: $2827 Airbnb ROI: 0.67% Traditional ROI: 5.09%
2689 Prairielight Dr Hiawatha, IA 2689 Prairielight Dr, Hiawatha, IA 52233 \| Single Family Residential	5 beds \| 3 baths \| 2,461 sq.ft.	$354,990	Airbnb cash on cash: 0.88% Traditional cash on cash: 5.61% Airbnb Rental Income: $1729 Traditional Rental Income: $2827 Airbnb ROI: 0.88% Traditional ROI: 5.61%
2685 Prairielight Dr Hiawatha, IA 2685 Prairielight Dr, Hiawatha, IA 52233 \| Single Family Residential	4 beds \| 2 baths \| 2,053 sq.ft.	$330,990	Airbnb cash on cash: 1.19% Traditional cash on cash: 5.54% Airbnb Rental Income: $1753 Traditional Rental Income: $2624 Airbnb ROI: 1.19% Traditional ROI: 5.54%
2746 Cecelia Dr Hiawatha, IA 2746 Cecelia Dr, Hiawatha, IA 52233 \| Single Family Residential	5 beds \| 3 baths \| 2,461 sq.ft.	$344,990	Airbnb cash on cash: 0.98% Traditional cash on cash: 5.84% Airbnb Rental Income: $1729 Traditional Rental Income: $2827 Airbnb ROI: 0.98% Traditional ROI: 5.84%
2729 Prairielight Dr Hiawatha, IA 2729 Prairielight Dr, Cedar Rapids, IA 52233 \| Single Family Residential	5 beds \| 3 baths \| 2,462 sq.ft.	$352,990	Airbnb cash on cash: 0.9% Traditional cash on cash: 5.65% Airbnb Rental Income: $1729 Traditional Rental Income: $2827 Airbnb ROI: 0.9% Traditional ROI: 5.65%
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: 0.61% Traditional cash on cash: 6.51% Airbnb Rental Income: $1445 Traditional Rental Income: $2353 Airbnb ROI: 0.61% 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: 2.36% Traditional cash on cash: 5.22% Airbnb Rental Income: $1068 Traditional Rental Income: $1048 Airbnb ROI: 2.36% 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: -2.27% Traditional cash on cash: -2.1% Airbnb Rental Income: $1068 Traditional Rental Income: $1048 Airbnb ROI: -2.27% Traditional ROI: -2.1%
Heron - Heritage Plan Hiawatha, IA	4 beds \| 2 baths \| 2,178 sq.ft.	$503,000	Airbnb cash on cash: -0.05% Traditional cash on cash: 2.21% Airbnb Rental Income: $1753 Traditional Rental Income: $2336 Airbnb ROI: -0.05% Traditional ROI: 2.21%
Duke - Heritage Plan Hiawatha, IA	3 beds \| 2 baths \| 1,644 sq.ft.	$446,000	Airbnb cash on cash: -0.35% Traditional cash on cash: 2.48% Airbnb Rental Income: $1445 Traditional Rental Income: $2198 Airbnb ROI: -0.35% Traditional ROI: 2.48%
Princeton - Heritage Plan Hiawatha, IA	3 beds \| 2 baths \| 1,900 sq.ft.	$471,000	Airbnb cash on cash: -0.46% Traditional cash on cash: 2.36% Airbnb Rental Income: $1445 Traditional Rental Income: $2260 Airbnb ROI: -0.46% Traditional ROI: 2.36%
Lewis- Heritage Plan Hiawatha, IA	4 beds \| 2 baths \| 2,460 sq.ft.	$496,000	Airbnb cash on cash: -0.02% Traditional cash on cash: 2.32% Airbnb Rental Income: $1753 Traditional Rental Income: $2354 Airbnb ROI: -0.02% Traditional ROI: 2.32%
Westfield II - Heritage Plan Hiawatha, IA	3 beds \| 2 baths \| 1,547 sq.ft.	$416,000	Airbnb cash on cash: -0.19% Traditional cash on cash: 2.76% Airbnb Rental Income: $1445 Traditional Rental Income: $2163 Airbnb ROI: -0.19% 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: -2.12% Traditional cash on cash: -2.07% Airbnb Rental Income: $1068 Traditional Rental Income: $776 Airbnb ROI: -2.12% Traditional ROI: -2.07%
3004 Forrest Meadow Ln Hiawatha, IA Want the benefits of new construction without the wait? This custom-built home in Hiawatha...	5 beds \| 4 baths \| 1,918 sq.ft.	$675,000	Airbnb cash on cash: -0.61% Traditional cash on cash: 2.3% Airbnb Rental Income: $1729 Traditional Rental Income: $3083 Airbnb ROI: -0.61% Traditional ROI: 2.3%
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: 0.41% Traditional cash on cash: 2.67% Airbnb Rental Income: $1729 Traditional Rental Income: $3038 Airbnb ROI: 0.41% Traditional ROI: 2.67%
2455 Chloe Ln Hiawatha, IA 2455 Chloe Ln, Hiawatha, IA 52233 \| Townhouse	3 beds \| 2 baths \| 1,511 sq.ft.	$229,990	Airbnb cash on cash: 0.75% Traditional cash on cash: 7.07% Airbnb Rental Income: $1445 Traditional Rental Income: $2392 Airbnb ROI: 0.75% Traditional ROI: 7.07%
2451 Chloe Ln Hiawatha, IA 2451 Chloe Ln, Hiawatha, IA 52233 \| Townhouse	3 beds \| 2 baths \| 1,511 sq.ft.	$239,990	Airbnb cash on cash: 0.61% Traditional cash on cash: 6.68% Airbnb Rental Income: $1445 Traditional Rental Income: $2393 Airbnb ROI: 0.61% Traditional ROI: 6.68%
2457 Chloe Ln Hiawatha, IA 2457 Chloe Ln, Hiawatha, IA 52233 \| Townhouse	3 beds \| 2 baths \| 1,511 sq.ft.	$239,990	Airbnb cash on cash: 0.61% Traditional cash on cash: 6.68% Airbnb Rental Income: $1445 Traditional Rental Income: $2393 Airbnb ROI: 0.61% Traditional ROI: 6.68%
2448 Chloe Ln Hiawatha, IA 2448 Chloe Ln, Hiawatha, IA 52233 \| Townhouse	3 beds \| 2 baths \| 1,511 sq.ft.	$236,990	Airbnb cash on cash: 0.65% Traditional cash on cash: 6.8% Airbnb Rental Income: $1445 Traditional Rental Income: $2393 Airbnb ROI: 0.65% Traditional ROI: 6.8%
2453 Chloe Ln Hiawatha, IA 2453 Chloe Dr, Hiawatha, IA 52233 \| Condo/Coop	3 beds \| 2 baths \| 1,511 sq.ft.	$229,990	Airbnb cash on cash: 0.75% Traditional cash on cash: 7.07% Airbnb Rental Income: $1445 Traditional Rental Income: $2392 Airbnb ROI: 0.75% Traditional ROI: 7.07%
2872 Grassland Ct Hiawatha, IA 2872 Grassland Ct, Hiawatha, IA 52233 \| Single Family Residential	5 beds \| 3 baths \| 2,483 sq.ft.	$404,994	Airbnb cash on cash: 0.47% Traditional cash on cash: 5.5% Airbnb Rental Income: $1729 Traditional Rental Income: $3159 Airbnb ROI: 0.47% Traditional ROI: 5.5%
2846 Mary Dr Hiawatha, IA 2846 Mary Dr, Hiawatha, IA 52233 \| Single Family Residential	4 beds \| 3 baths \| 2,042 sq.ft.	$331,189	Airbnb cash on cash: 1.19% Traditional cash on cash: 6.76% Airbnb Rental Income: $1753 Traditional Rental Income: $3006 Airbnb ROI: 1.19% Traditional ROI: 6.76%
225 17th Avenue Court Hiawatha, IA SALE PENDING - Spacious Hiawatha ranch home on quiet cul de sac ideally located near schoo...	5 beds \| 3 baths \| 2,820 sq.ft.	$414,900	Airbnb cash on cash: 0.65% Traditional cash on cash: 5.56% Airbnb Rental Income: $1729 Traditional Rental Income: $3162 Airbnb ROI: 0.65% Traditional ROI: 5.56%
2878 Grassland Ct Hiawatha, IA 2878 Grassland Ct, Hiawatha, IA 52233 \| Single Family Residential	4 beds \| 3 baths \| 2,191 sq.ft.	$384,990	Airbnb cash on cash: 0.68% Traditional cash on cash: 5.72% Airbnb Rental Income: $1753 Traditional Rental Income: $3089 Airbnb ROI: 0.68% Traditional ROI: 5.72%
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: 1.12% Traditional cash on cash: 5.73% Airbnb Rental Income: $1753 Traditional Rental Income: $2732 Airbnb ROI: 1.12% Traditional ROI: 5.73%
250 Cimarron Drive #114 Hiawatha, IA This move-in ready second-floor condo offers the perfect blend of comfort, style, and peac...	2 beds \| 2 baths \| 1,062 sq.ft.	$142,000	Airbnb cash on cash: -1.45% Traditional cash on cash: 7.83% Airbnb Rental Income: $892 Traditional Rental Income: $1817 Airbnb ROI: -1.45% Traditional ROI: 7.83%
3009 Prairielight Ct Hiawatha, IA 3009 Prairielight Ct, Hiawatha, IA 52233 \| Single Family Residential	5 beds \| 3 baths \| 3,029 sq.ft.	$649,950	Airbnb cash on cash: -0.65% Traditional cash on cash: 2.84% Airbnb Rental Income: $1729 Traditional Rental Income: $3368 Airbnb ROI: -0.65% Traditional ROI: 2.84%
2097 Emmons St Hiawatha, IA	3 beds \| 3 baths \| 2,804 sq.ft.	$720,000	Airbnb cash on cash: -1.19% Traditional cash on cash: 1.85% Airbnb Rental Income: $1445 Traditional Rental Income: $3051 Airbnb ROI: -1.19% Traditional ROI: 1.85%
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: -1.48% Traditional cash on cash: -1.16% Airbnb Rental Income: $1068 Traditional Rental Income: $880 Airbnb ROI: -1.48% Traditional ROI: -1.16%
1224 Litchfield Dr #B Hiawatha, IA This beautifully updated 3-bedroom, 2-bath condo offers comfort, convenience, and modern s...	3 beds \| 2 baths \| 1,759 sq.ft.	$244,900	Airbnb cash on cash: 1.48% Traditional cash on cash: 8.27% Airbnb Rental Income: $1445 Traditional Rental Income: $2585 Airbnb ROI: 1.48% Traditional ROI: 8.27%
1568 Matterhorn Dr NE Hiawatha, IA Condo on the 2nd floor but has elevator and stair access. Showings to be setup via Showing...	2 beds \| 2 baths \| 1,589 sq.ft.	$205,000	Airbnb cash on cash: -3.13% Traditional cash on cash: 5.97% Airbnb Rental Income: $582 Traditional Rental Income: $2066 Airbnb ROI: -3.13% Traditional ROI: 5.97%
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: -0.85% Traditional cash on cash: 4.24% Airbnb Rental Income: $1445 Traditional Rental Income: $2100 Airbnb ROI: -0.85% Traditional ROI: 4.24%
1515 Fox Trail Dr NE Hiawatha, IA Spacious 2-story home in Cedar Rapids with room to stretch out and settle in! Built in 199...	4 beds \| 4 baths \| 2,082 sq.ft.	$330,000	Airbnb cash on cash: 1.19% Traditional cash on cash: 6.73% Airbnb Rental Income: $1753 Traditional Rental Income: $2993 Airbnb ROI: 1.19% Traditional ROI: 6.73%
3821 Oakland Road NE Hiawatha, IA 4-bedroom home in a convenient NE Cedar Rapids location. Large windows and a bright sunroo...	4 beds \| 1 baths \| 1,481 sq.ft.	$200,000	Airbnb cash on cash: 3.83% Traditional cash on cash: 6.39% Airbnb Rental Income: $1753 Traditional Rental Income: $1759 Airbnb ROI: 3.83% Traditional ROI: 6.39%
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: -0.1% Traditional cash on cash: 7.22% Airbnb Rental Income: $892 Traditional Rental Income: $1402 Airbnb ROI: -0.1% Traditional ROI: 7.22%
1051 Clifton St NE Hiawatha, IA Welcome home to this charming slab ranch offering 3 bedrooms and 1 full bath, perfectly co...	3 beds \| 1 baths \| 920 sq.ft.	$169,900	Airbnb cash on cash: 3.42% Traditional cash on cash: 7.24% Airbnb Rental Income: $1445 Traditional Rental Income: $1635 Airbnb ROI: 3.42% Traditional ROI: 7.24%

Real Estate investment in Hiawatha, IA

There are 39 properties for sale in the city of Hiawatha . The median list price in Hiawatha is $348,990 and the average price per square foot is $184. In May 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 39 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

355 Wolf Valley Rd

Hiawatha, IA

4 beds | 3 baths | 2,388 sq.ft.

$369,000

Airbnb cash on cash: 1.15%

Traditional cash on cash: 5.77%

Airbnb Rental Income: $1753

Traditional Rental Income: $2873

Airbnb ROI: 1.15%

Traditional ROI: 5.77%

129 Northwood Drive

Hiawatha, IA

3 beds | 1 baths | 1,110 sq.ft.

$179,950

Airbnb cash on cash: 2.76%

Traditional cash on cash: 6.98%

Airbnb Rental Income: $1445

Traditional Rental Income: $1737

Airbnb ROI: 2.76%

Traditional ROI: 6.98%

2879 Grassland Ct

Hiawatha, IA

5 beds | 3 baths | 2,461 sq.ft.

$379,990

Airbnb cash on cash: 0.67%

Traditional cash on cash: 5.09%

Airbnb Rental Income: $1729

Traditional Rental Income: $2827

Airbnb ROI: 0.67%

Traditional ROI: 5.09%

2689 Prairielight Dr

Hiawatha, IA

5 beds | 3 baths | 2,461 sq.ft.

$354,990

Airbnb cash on cash: 0.88%

Traditional cash on cash: 5.61%

Airbnb Rental Income: $1729

Traditional Rental Income: $2827

Airbnb ROI: 0.88%

Traditional ROI: 5.61%

2685 Prairielight Dr

Hiawatha, IA

4 beds | 2 baths | 2,053 sq.ft.

$330,990

Airbnb cash on cash: 1.19%

Traditional cash on cash: 5.54%

Airbnb Rental Income: $1753

Traditional Rental Income: $2624

Airbnb ROI: 1.19%

Traditional ROI: 5.54%

2746 Cecelia Dr

Hiawatha, IA

5 beds | 3 baths | 2,461 sq.ft.

$344,990

Airbnb cash on cash: 0.98%

Traditional cash on cash: 5.84%

Airbnb Rental Income: $1729

Traditional Rental Income: $2827

Airbnb ROI: 0.98%

Traditional ROI: 5.84%

2729 Prairielight Dr

Hiawatha, IA

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

$352,990

Airbnb cash on cash: 0.9%

Traditional cash on cash: 5.65%

Airbnb Rental Income: $1729

Traditional Rental Income: $2827

Airbnb ROI: 0.9%

Traditional ROI: 5.65%

2598 Anne Ln

Hiawatha, IA

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

$239,990

Airbnb cash on cash: 0.61%

Traditional cash on cash: 6.51%

Airbnb Rental Income: $1445

Traditional Rental Income: $2353

Airbnb ROI: 0.61%