Real Estate Investment Properties for Sale in Waterloo, IA

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
4106 Mourning Dove Drive Waterloo, IA Low HOA, $125 monthly. This beautifully maintained condo, built in 2014, offers modern liv...	4 beds \| 3 baths \| 1,867 sq.ft.	$244,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.04% Airbnb Rental Income: $null Traditional Rental Income: $1935 Airbnb ROI: N/A Traditional ROI: 5.04%
1811 Forest Avenue Waterloo, IA Attractive 3 bedroom with updated kitchen and generous living space. Natural light provide...	3 beds \| 1 baths \| 983 sq.ft.	$119,900	Airbnb cash on cash: N/A Traditional cash on cash: 11.52% Airbnb Rental Income: $null Traditional Rental Income: $1773 Airbnb ROI: N/A Traditional ROI: 11.52%
105 Cornwall Avenue Waterloo, IA This charming ranch offers the perfect mix of cozy and spacious. Step in from the front de...	3 beds \| 1 baths \| 1,752 sq.ft.	$220,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.06% Airbnb Rental Income: $null Traditional Rental Income: $1954 Airbnb ROI: N/A Traditional ROI: 6.06%
1181 E Mitchell Waterloo, IA Charming, updated, and truly move-in ready! This 2-bedroom, 1-bath home sits on a corner l...	2 beds \| 1 baths \| 1,348 sq.ft.	$157,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.81% Airbnb Rental Income: $null Traditional Rental Income: $1357 Airbnb ROI: N/A Traditional ROI: 5.81%
922 E Mitchell Waterloo, IA This charming yellow ranch has more space than meets the eye. Step inside to find a spacio...	3 beds \| 1 baths \| 1,174 sq.ft.	$164,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.74% Airbnb Rental Income: $null Traditional Rental Income: $1573 Airbnb ROI: N/A Traditional ROI: 6.74%
1002 E Ridgeway Avenue Waterloo, IA Welcome home to this bright, spacious, and meticulously maintained raised ranch, lovingly ...	3 beds \| 2 baths \| 1,970 sq.ft.	$239,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.69% Airbnb Rental Income: $null Traditional Rental Income: $2494 Airbnb ROI: N/A Traditional ROI: 7.69%
1416 Partridge Lane Waterloo, IA Introducing this stunning new construction 2-story home in Audubon Heights, situated on a ...	4 beds \| 3 baths \| 2,460 sq.ft.	$525,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.31% Airbnb Rental Income: $null Traditional Rental Income: $3831 Airbnb ROI: N/A Traditional ROI: 6.31%
1114 Prairie Meadow Court unit: 12 Waterloo, IA Welcome to this beautifully updated 2-bedroom, 1-bath condo in Prairie Meadow Court! This ...	2 beds \| 1 baths \| 837 sq.ft.	$117,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.33% Airbnb Rental Income: $null Traditional Rental Income: $1413 Airbnb ROI: N/A Traditional ROI: 6.33%
1141 E Mitchell Avenue Waterloo, IA This fantastic 1.5-story home has everything you've been searching for! The main floor fea...	3 beds \| 1 baths \| 1,460 sq.ft.	$179,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.47% Airbnb Rental Income: $null Traditional Rental Income: $1970 Airbnb ROI: N/A Traditional ROI: 8.47%
911 Lafayette Street Waterloo, IA Don't miss this exceptional opportunity to own a fully occupied, income-producing fourplex...	N/A beds \| N/A baths \| N/A	$270,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.25% Airbnb Rental Income: $null Traditional Rental Income: $1607 Airbnb ROI: N/A Traditional ROI: 4.25%
516 Upton Avenue Waterloo, IA Welcome home to this 2-bedroom, 1-bath property offering comfortable living with added ver...	2 beds \| 1 baths \| 616 sq.ft.	$94,900	Airbnb cash on cash: N/A Traditional cash on cash: 11.6% Airbnb Rental Income: $null Traditional Rental Income: $1369 Airbnb ROI: N/A Traditional ROI: 11.6%
5104 William Dr Waterloo, IA Beautifully appointed ranch home packed with amenities and designed for entertaining. The ...	4 beds \| 3 baths \| 2,881 sq.ft.	$519,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.89% Airbnb Rental Income: $null Traditional Rental Income: $3236 Airbnb ROI: N/A Traditional ROI: 3.89%
128 Goldcrest Court Waterloo, IA Welcome to this exquisite craftsman ranch-style home that combines timeless design with mo...	4 beds \| 3 baths \| 3,010 sq.ft.	$640,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.44% Airbnb Rental Income: $null Traditional Rental Income: $3389 Airbnb ROI: N/A Traditional ROI: 4.44%
125 Sunbird Court Waterloo, IA Welcome to your dream home by Skogman Homes! Introducing The Madison floor plan, nestled i...	3 beds \| 2 baths \| 1,584 sq.ft.	$470,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.69% Airbnb Rental Income: $null Traditional Rental Income: $2626 Airbnb ROI: N/A Traditional ROI: 4.69%
5955 Osage Road Waterloo, IA Discover the charm of country-style living with all the conveniences of being just minutes...	3 beds \| 2 baths \| 2,184 sq.ft.	$304,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.59% Airbnb Rental Income: $null Traditional Rental Income: $2226 Airbnb ROI: N/A Traditional ROI: 5.59%
1900 Westchester Road unit: Apt C Waterloo, IA WOW, what a location & what a view of Sunnyside golf course. Interesting design, Unique st...	2 beds \| 3 baths \| 2,300 sq.ft.	$179,500	Airbnb cash on cash: N/A Traditional cash on cash: 11% Airbnb Rental Income: $null Traditional Rental Income: $3021 Airbnb ROI: N/A Traditional ROI: 11%
3325 Lincolnshire Road Waterloo, IA Welcome to this brand-new Skogman Homes build in the desirable Lincolnshire Addition of Wa...	3 beds \| 2 baths \| 1,488 sq.ft.	$385,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.46% Airbnb Rental Income: $null Traditional Rental Income: $2635 Airbnb ROI: N/A Traditional ROI: 4.46%
3329 Lincolnshire Road Waterloo, IA Welcome to this brand-new Skogman Homes build in the desirable Lincolnshire Addition of Wa...	3 beds \| 2 baths \| 1,351 sq.ft.	$385,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.96% Airbnb Rental Income: $null Traditional Rental Income: $2455 Airbnb ROI: N/A Traditional ROI: 3.96%
3335 Lincolnshire Road Waterloo, IA Welcome to this brand-new Skogman Homes build in the desirable Lincolnshire Addition of Wa...	3 beds \| 2 baths \| 1,514 sq.ft.	$395,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.28% Airbnb Rental Income: $null Traditional Rental Income: $2635 Airbnb ROI: N/A Traditional ROI: 4.28%
330 Black Hawk Rd Waterloo, IA Move in ready! This freshly painted 3 bedroom features an oak kitchen, with appliances inc...	3 beds \| 1 baths \| 713 sq.ft.	$118,000	Airbnb cash on cash: N/A Traditional cash on cash: 11.76% Airbnb Rental Income: $null Traditional Rental Income: $1723 Airbnb ROI: N/A Traditional ROI: 11.76%
918-920 W 4th Street Waterloo, IA Don't miss out on this excellent investment opportunity in Waterloo! This unique property ...	2 beds \| 1 baths \| N/A	$184,999	Airbnb cash on cash: N/A Traditional cash on cash: 6.17% Airbnb Rental Income: $null Traditional Rental Income: $1510 Airbnb ROI: N/A Traditional ROI: 6.17%
3923 Bradley Waterloo, IA Condo by Sunnyside Country Club Discover this spacious 2-bedroom, 2 bath condominium offer...	2 beds \| 2 baths \| 1,644 sq.ft.	$224,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.15% Airbnb Rental Income: $null Traditional Rental Income: $2251 Airbnb ROI: N/A Traditional ROI: 6.15%
724 Grindstone Circle Waterloo, IA Welcome to 724 Grindstone Circle-an immaculate, move-in ready condominium located in the h...	3 beds \| 3 baths \| 2,319 sq.ft.	$349,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.01% Airbnb Rental Income: $null Traditional Rental Income: $3099 Airbnb ROI: N/A Traditional ROI: 6.01%
610 Burbank Avenue Waterloo, IA For Comp Purposes Only. Pre-Sold. Price subject to change and does not include price of th...	3 beds \| 2 baths \| 1,434 sq.ft.	$324,500	Airbnb cash on cash: N/A Traditional cash on cash: 6.09% Airbnb Rental Income: $null Traditional Rental Income: $2568 Airbnb ROI: N/A Traditional ROI: 6.09%
1910 Winston Place Waterloo, IA Welcome home to this wonderfully maintained ranch-style condo that's much more than meets ...	3 beds \| 3 baths \| 2,757 sq.ft.	$299,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.27% Airbnb Rental Income: $null Traditional Rental Income: $3374 Airbnb ROI: N/A Traditional ROI: 8.27%
1115 Hawthorne Avenue Waterloo, IA Charming Updated Home with Main-Floor Bedroom & Fresh Finishes! Welcome home to this beaut...	3 beds \| 1 baths \| 1,106 sq.ft.	$128,000	Airbnb cash on cash: N/A Traditional cash on cash: 11.64% Airbnb Rental Income: $null Traditional Rental Income: $1854 Airbnb ROI: N/A Traditional ROI: 11.64%
1036 Prairie Meadow Court Waterloo, IA Don't wait to check out this amazing main-level condo! This condo features newer appliance...	1 beds \| 1 baths \| 1,539 sq.ft.	$133,500	Airbnb cash on cash: N/A Traditional cash on cash: 5.64% Airbnb Rental Income: $null Traditional Rental Income: $1449 Airbnb ROI: N/A Traditional ROI: 5.64%
2624 Manor Street Waterloo, IA YOU WILL LOVE the Amazing newer Kitchen with custom tiled backsplash, expansive quartz cou...	3 beds \| 2 baths \| 1,512 sq.ft.	$240,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.95% Airbnb Rental Income: $null Traditional Rental Income: $2534 Airbnb ROI: N/A Traditional ROI: 7.95%
1114 Eleanor Drive Waterloo, IA Located in a quite neighborhood, close to University Ave. and restaurants schools and pret...	3 beds \| 2 baths \| 1,728 sq.ft.	$215,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.82% Airbnb Rental Income: $null Traditional Rental Income: $2607 Airbnb ROI: N/A Traditional ROI: 9.82%
819 Hanna Boulevard Waterloo, IA Welcome to 819 Hanna Blvd in Waterloo! This charming 1,164 sq ft ranch offers 3 bedrooms o...	4 beds \| 1 baths \| 1,164 sq.ft.	$136,900	Airbnb cash on cash: N/A Traditional cash on cash: 11.76% Airbnb Rental Income: $null Traditional Rental Income: $2007 Airbnb ROI: N/A Traditional ROI: 11.76%
5768 Wall Street Waterloo, IA Welcome to your dream home by Skogman Homes! Introducing This Madison floor plan is nestle...	3 beds \| 2 baths \| 1,584 sq.ft.	$491,063	Airbnb cash on cash: N/A Traditional cash on cash: 2.94% Airbnb Rental Income: $null Traditional Rental Income: $2619 Airbnb ROI: N/A Traditional ROI: 2.94%
5752 Wall Street Waterloo, IA Step into modern comfort and effortless style with this brand-new Skogman Homes, located i...	3 beds \| 2 baths \| 1,514 sq.ft.	$473,585	Airbnb cash on cash: N/A Traditional cash on cash: 3.12% Airbnb Rental Income: $null Traditional Rental Income: $2609 Airbnb ROI: N/A Traditional ROI: 3.12%
4151 Mockingbird Lane Waterloo, IA Welcome to the perfect blend of comfort, style, and convenience. A newer construction in a...	2 beds \| 2 baths \| 1,044 sq.ft.	$269,999	Airbnb cash on cash: N/A Traditional cash on cash: 4.92% Airbnb Rental Income: $null Traditional Rental Income: $1983 Airbnb ROI: N/A Traditional ROI: 4.92%
1714 Easton Avenue Waterloo, IA Check out this great 3-bedroom, 1.75 bath ranch just up the street from the elementary sch...	3 beds \| 2 baths \| 1,878 sq.ft.	$174,900	Airbnb cash on cash: N/A Traditional cash on cash: 11.84% Airbnb Rental Income: $null Traditional Rental Income: $2539 Airbnb ROI: N/A Traditional ROI: 11.84%
420 CRESTRIDGE Drive Waterloo, IA This home is perfect for buyers looking to bring their personal touches or investors seeki...	2 beds \| 1 baths \| 790 sq.ft.	$155,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.69% Airbnb Rental Income: $null Traditional Rental Income: $1463 Airbnb ROI: N/A Traditional ROI: 6.69%
903 Kimball Avenue Waterloo, IA Discover this beautiful brick home full of character and charm, perfectly situated on the ...	4 beds \| 1 baths \| 1,751 sq.ft.	$198,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.99% Airbnb Rental Income: $null Traditional Rental Income: $2049 Airbnb ROI: N/A Traditional ROI: 7.99%
155 E San Marnan Drive unit: 2 Waterloo, IA Come check out this move-in ready, low-maintenance, first-floor condo-conveniently located...	2 beds \| 1 baths \| 1,239 sq.ft.	$129,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.77% Airbnb Rental Income: $null Traditional Rental Income: $1670 Airbnb ROI: N/A Traditional ROI: 9.77%
337 Almond Street Waterloo, IA Set on a quiet Waterloo street, this home makes an immediate and welcoming impression. Wel...	3 beds \| 2 baths \| 2,616 sq.ft.	$389,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.81% Airbnb Rental Income: $null Traditional Rental Income: $2623 Airbnb ROI: N/A Traditional ROI: 5.81%
4170 Mystic Drive Waterloo, IA New Construction Ranch Style Condo's are Now Available! Main level offers an open floor pl...	2 beds \| 2 baths \| 1,420 sq.ft.	$349,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.77% Airbnb Rental Income: $null Traditional Rental Income: $2501 Airbnb ROI: N/A Traditional ROI: 4.77%
4182 Mystic Drive Waterloo, IA New Construction Ranch Style Condo's are Now Available! Main level offers an open floor pl...	3 beds \| 3 baths \| 1,420 sq.ft.	$369,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.58% Airbnb Rental Income: $null Traditional Rental Income: $2570 Airbnb ROI: N/A Traditional ROI: 4.58%

Real Estate investment in Waterloo, IA

There are 102 properties for sale in the city of Waterloo . The median list price in Waterloo is $170,000 and the average price per square foot is $108. In March 2026, the average monthly cash on cash return in Waterloo is 8.00%. The average monthly rental income in Waterloo is $1,709.

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

There are 102 investment properties available for sale in Waterloo.

The ROI for Short-Term is higher than the Long-Term in Waterloo with average rental income of $N/A.

Your search for investment property begins and ends here

Investment Property for Sale in Waterloo, IA

4106 Mourning Dove Drive

Waterloo, IA

4 beds | 3 baths | 1,867 sq.ft.

$244,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.04%

Airbnb Rental Income: $null

Traditional Rental Income: $1935

Airbnb ROI: N/A

Traditional ROI: 5.04%

1811 Forest Avenue

Waterloo, IA

3 beds | 1 baths | 983 sq.ft.

$119,900

Airbnb cash on cash: N/A

Traditional cash on cash: 11.52%

Airbnb Rental Income: $null

Traditional Rental Income: $1773

Airbnb ROI: N/A

Traditional ROI: 11.52%

105 Cornwall Avenue

Waterloo, IA

3 beds | 1 baths | 1,752 sq.ft.

$220,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.06%

Airbnb Rental Income: $null

Traditional Rental Income: $1954

Airbnb ROI: N/A

Traditional ROI: 6.06%

1181 E Mitchell

Waterloo, IA

2 beds | 1 baths | 1,348 sq.ft.

$157,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.81%

Airbnb Rental Income: $null

Traditional Rental Income: $1357

Airbnb ROI: N/A

Traditional ROI: 5.81%

922 E Mitchell

Waterloo, IA

3 beds | 1 baths | 1,174 sq.ft.

$164,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.74%

Airbnb Rental Income: $null

Traditional Rental Income: $1573

Airbnb ROI: N/A

Traditional ROI: 6.74%

1002 E Ridgeway Avenue

Waterloo, IA

3 beds | 2 baths | 1,970 sq.ft.

$239,900

Airbnb cash on cash: N/A

Traditional cash on cash: 7.69%

Airbnb Rental Income: $null

Traditional Rental Income: $2494

Airbnb ROI: N/A

Traditional ROI: 7.69%

1416 Partridge Lane

Waterloo, IA

4 beds | 3 baths | 2,460 sq.ft.

$525,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.31%

Airbnb Rental Income: $null

Traditional Rental Income: $3831

Airbnb ROI: N/A

Traditional ROI: 6.31%

1114 Prairie Meadow Court unit: 12

Waterloo, IA

2 beds | 1 baths | 837 sq.ft.

$117,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.33%

Airbnb Rental Income: $null

Traditional Rental Income: $1413

Airbnb ROI: N/A