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
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.	$124,900	Airbnb cash on cash: N/A Traditional cash on cash: 11.04% Airbnb Rental Income: $null Traditional Rental Income: $1773 Airbnb ROI: N/A Traditional ROI: 11.04%
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.	$230,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.76% Airbnb Rental Income: $null Traditional Rental Income: $1954 Airbnb ROI: N/A Traditional ROI: 5.76%
1513 Ohio Street Waterloo, IA One Years Builder Warranty. 10 Year Structural Warranty.Open Floor Plan with Main Floor la...	4 beds \| 3 baths \| 1,701 sq.ft.	$567,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.44% Airbnb Rental Income: $null Traditional Rental Income: $2524 Airbnb ROI: N/A Traditional ROI: 3.44%
1733 Cottage Grove Avenue Waterloo, IA Welcome home to this recently updated 2-bedroom, 1-bath home in a quiet, established Water...	2 beds \| 1 baths \| 1,024 sq.ft.	$128,500	Airbnb cash on cash: N/A Traditional cash on cash: 9.48% Airbnb Rental Income: $null Traditional Rental Income: $1566 Airbnb ROI: N/A Traditional ROI: 9.48%
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.	$169,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.48% Airbnb Rental Income: $null Traditional Rental Income: $1573 Airbnb ROI: N/A Traditional ROI: 6.48%
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%
4212 Mourning Dove Drive Waterloo, IA Check out this practically beautiful condo nestled in the desirable Prairie Meadow Estates...	3 beds \| 2 baths \| 1,516 sq.ft.	$215,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.65% Airbnb Rental Income: $null Traditional Rental Income: $2312 Airbnb ROI: N/A Traditional ROI: 8.65%
122 Goldcrest Court Waterloo, IA The Westfield II by Skogman Homes. This wonderful ranch-style home offers 3 bedrooms and 2...	5 beds \| 3 baths \| 2,618 sq.ft.	$540,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.74% Airbnb Rental Income: $null Traditional Rental Income: $3029 Airbnb ROI: N/A Traditional ROI: 4.74%
135 E San Marnan Drive unit: 6 #6 Waterloo, IA Don't miss this excellent opportunity to live in a spacious top-floor 2-bedroom, 1-bathroo...	2 beds \| 1 baths \| 1,239 sq.ft.	$110,500	Airbnb cash on cash: N/A Traditional cash on cash: 9.76% Airbnb Rental Income: $null Traditional Rental Income: $1718 Airbnb ROI: N/A Traditional ROI: 9.76%
1114 Prairie Meadow Court unit: 12 #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.	$119,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.21% Airbnb Rental Income: $null Traditional Rental Income: $1413 Airbnb ROI: N/A Traditional ROI: 6.21%
1306 Olympic Drive Waterloo, IA Welcome to this stunning ranch-style home perfectly situated within walking distance to th...	3 beds \| 2 baths \| 3,787 sq.ft.	$398,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.77% Airbnb Rental Income: $null Traditional Rental Income: $3029 Airbnb ROI: N/A Traditional ROI: 4.77%
135 Sunbird Court Waterloo, IA Welcome to this stunning new construction home by Skogman Homes! This Garnett floor plan i...	3 beds \| 2 baths \| 1,669 sq.ft.	$480,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.6% Airbnb Rental Income: $null Traditional Rental Income: $2643 Airbnb ROI: N/A Traditional ROI: 4.6%
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%
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%
1920 Cottonwood Lane Waterloo, IA Immediate possession, Estate sale. Hard to find in town acreage - 1 acre M/L on a private/...	2 beds \| 1 baths \| 1,328 sq.ft.	$139,500	Airbnb cash on cash: N/A Traditional cash on cash: 9.61% Airbnb Rental Income: $null Traditional Rental Income: $1796 Airbnb ROI: N/A Traditional ROI: 9.61%
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%
1020 Nancy Road Waterloo, IA Tucked into a quiet Waterloo neighborhood, this expansive 4-bedroom (4th bedroom is non co...	4 beds \| 3 baths \| 3,708 sq.ft.	$399,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.06% Airbnb Rental Income: $null Traditional Rental Income: $3876 Airbnb ROI: N/A Traditional ROI: 7.06%
2108 Josie Ridge Waterloo, IA Convenient Condo Living in a Desirable Location! Enjoy easy access to nearby bike trails a...	2 beds \| 2 baths \| 1,616 sq.ft.	$179,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.21% Airbnb Rental Income: $null Traditional Rental Income: $2632 Airbnb ROI: N/A Traditional ROI: 9.21%
1900 Westchester Road unit: Apt C #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%
211 Auburn Street Waterloo, IA Don't wait to see this wonderful home in Waterloo!! This one is a knockout with so many up...	3 beds \| 2 baths \| 1,628 sq.ft.	$234,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.54% Airbnb Rental Income: $null Traditional Rental Income: $2541 Airbnb ROI: N/A Traditional ROI: 8.54%
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.	$397,309	Airbnb cash on cash: N/A Traditional cash on cash: 4.24% Airbnb Rental Income: $null Traditional Rental Income: $2635 Airbnb ROI: N/A Traditional ROI: 4.24%
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.	$390,681	Airbnb cash on cash: N/A Traditional cash on cash: 3.87% Airbnb Rental Income: $null Traditional Rental Income: $2455 Airbnb ROI: N/A Traditional ROI: 3.87%
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.	$404,497	Airbnb cash on cash: N/A Traditional cash on cash: 4.13% Airbnb Rental Income: $null Traditional Rental Income: $2635 Airbnb ROI: N/A Traditional ROI: 4.13%
711 Cornwall Avenue Waterloo, IA This 3-bedroom, 2-bathroom home offers comfortable living with thoughtful updates and conv...	3 beds \| 2 baths \| 1,530 sq.ft.	$179,900	Airbnb cash on cash: N/A Traditional cash on cash: 11.46% Airbnb Rental Income: $null Traditional Rental Income: $2573 Airbnb ROI: N/A Traditional ROI: 11.46%
3256 Hammond Avenue Waterloo, IA Come see this home if you like character! Home includes 3 bedrooms, two baths, and an over...	3 beds \| 2 baths \| 1,498 sq.ft.	$199,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.89% Airbnb Rental Income: $null Traditional Rental Income: $2506 Airbnb ROI: N/A Traditional ROI: 9.89%
1407 Hummingbird Circle Waterloo, IA *Taking Backups, Call Agent* Quality and comfort meet style in this meticulously craft...	4 beds \| 3 baths \| 1,920 sq.ft.	$304,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.09% Airbnb Rental Income: $null Traditional Rental Income: $2956 Airbnb ROI: N/A Traditional ROI: 7.09%
1464 Audubon Drive Waterloo, IA This home is a beauty! Stepping into the front entry, you're greeted by an inviting great ...	4 beds \| 2 baths \| 2,515 sq.ft.	$458,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.64% Airbnb Rental Income: $null Traditional Rental Income: $2957 Airbnb ROI: N/A Traditional ROI: 3.64%
701 W 7th Street Waterloo, IA This charming 6-unit apartment building is located in the heart of Waterloo, IA, just minu...	18 beds \| 5 baths \| 2,082 sq.ft.	$120,000	Airbnb cash on cash: N/A Traditional cash on cash: 11.27% Airbnb Rental Income: $null Traditional Rental Income: $1691 Airbnb ROI: N/A Traditional ROI: 11.27%
1107 E Mitchell Avenue Waterloo, IA This inviting 3-bedroom, 1-bath home offers classic charm and a functional layout, perfect...	3 beds \| 1 baths \| 1,728 sq.ft.	$140,000	Airbnb cash on cash: N/A Traditional cash on cash: 11.41% Airbnb Rental Income: $null Traditional Rental Income: $2044 Airbnb ROI: N/A Traditional ROI: 11.41%
2107 Cassi Ridge Waterloo, IA Some things do cost less these days!!! Thats right, this condos HOA fee just went down and...	2 beds \| 2 baths \| 1,616 sq.ft.	$174,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.96% Airbnb Rental Income: $null Traditional Rental Income: $2623 Airbnb ROI: N/A Traditional ROI: 9.96%
1832 Patton Avenue Waterloo, IA This charming 3-bedroom, 1-bath home offers comfort and convenience all on one level. With...	3 beds \| 1 baths \| 1,228 sq.ft.	$167,500	Airbnb cash on cash: N/A Traditional cash on cash: 9.05% Airbnb Rental Income: $null Traditional Rental Income: $1986 Airbnb ROI: N/A Traditional ROI: 9.05%
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.	$119,000	Airbnb cash on cash: N/A Traditional cash on cash: 11.66% Airbnb Rental Income: $null Traditional Rental Income: $1723 Airbnb ROI: N/A Traditional ROI: 11.66%
918-920 W 4th Street Waterloo, IA Don't miss out on this excellent investment opportunity in Waterloo! This unique property ...	2 beds \| N/A baths \| N/A	$189,999	Airbnb cash on cash: N/A Traditional cash on cash: 5.99% Airbnb Rental Income: $null Traditional Rental Income: $1510 Airbnb ROI: N/A Traditional ROI: 5.99%
3816 Monterey Drive Waterloo, IA Come Checkout 3819 Monterey dr 3-bedroom, 1.5-bath home offering over 1,500 sq. ft. of fin...	3 beds \| 2 baths \| 1,506 sq.ft.	$210,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.27% Airbnb Rental Income: $null Traditional Rental Income: $2493 Airbnb ROI: N/A Traditional ROI: 9.27%
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%
1742 Sager Avenue Waterloo, IA You'll fall in love with this beautifully updated 3-bedroom, 1-bathroom home that perfectl...	3 beds \| 1 baths \| 1,114 sq.ft.	$204,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.76% Airbnb Rental Income: $null Traditional Rental Income: $1880 Airbnb ROI: N/A Traditional ROI: 6.76%

Real Estate investment in Waterloo, IA

There are 103 properties for sale in the city of Waterloo . The median list price in Waterloo is $159,900 and the average price per square foot is $110. In February 2026, the average monthly cash on cash return in Waterloo is 10.00%. The average monthly rental income in Waterloo is $2,007.

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

There are 103 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

1811 Forest Avenue

Waterloo, IA

3 beds | 1 baths | 983 sq.ft.

$124,900

Airbnb cash on cash: N/A

Traditional cash on cash: 11.04%

Airbnb Rental Income: $null

Traditional Rental Income: $1773

Airbnb ROI: N/A

Traditional ROI: 11.04%

105 Cornwall Avenue

Waterloo, IA

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

$230,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.76%

Airbnb Rental Income: $null

Traditional Rental Income: $1954

Airbnb ROI: N/A

Traditional ROI: 5.76%

1513 Ohio Street

Waterloo, IA

4 beds | 3 baths | 1,701 sq.ft.

$567,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.44%

Airbnb Rental Income: $null

Traditional Rental Income: $2524

Airbnb ROI: N/A

Traditional ROI: 3.44%

1733 Cottage Grove Avenue

Waterloo, IA

2 beds | 1 baths | 1,024 sq.ft.

$128,500

Airbnb cash on cash: N/A

Traditional cash on cash: 9.48%

Airbnb Rental Income: $null

Traditional Rental Income: $1566

Airbnb ROI: N/A

Traditional ROI: 9.48%

922 E Mitchell

Waterloo, IA

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

$169,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.48%

Airbnb Rental Income: $null

Traditional Rental Income: $1573

Airbnb ROI: N/A

Traditional ROI: 6.48%

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%

4212 Mourning Dove Drive

Waterloo, IA

3 beds | 2 baths | 1,516 sq.ft.

$215,000

Airbnb cash on cash: N/A

Traditional cash on cash: 8.65%

Airbnb Rental Income: $null

Traditional Rental Income: $2312

Airbnb ROI: N/A