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.	$129,900	Airbnb cash on cash: N/A Traditional cash on cash: 10.59% Airbnb Rental Income: $null Traditional Rental Income: $1773 Airbnb ROI: N/A Traditional ROI: 10.59%
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.	$179,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.07% Airbnb Rental Income: $null Traditional Rental Income: $1573 Airbnb ROI: N/A Traditional ROI: 6.07%
608 Wallgate Avenue Waterloo, IA Step into new construction on your budget! Welcoming, functional and efficient from the mi...	3 beds \| 2 baths \| 1,200 sq.ft.	$234,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.79% Airbnb Rental Income: $null Traditional Rental Income: $2388 Airbnb ROI: N/A Traditional ROI: 7.79%
610 Wallgate Avenue Waterloo, IA Step into new construction on your budget! Welcoming, functional and efficient from the mi...	3 beds \| 2 baths \| 1,200 sq.ft.	$234,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.79% Airbnb Rental Income: $null Traditional Rental Income: $2388 Airbnb ROI: N/A Traditional ROI: 7.79%
3024 W 9th Street Waterloo, IA Settle in before the holidays in this sweet ranch home! Offering the most inviting front l...	4 beds \| 2 baths \| 2,162 sq.ft.	$254,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.63% Airbnb Rental Income: $null Traditional Rental Income: $2084 Airbnb ROI: N/A Traditional ROI: 5.63%
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.	$535,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.17% Airbnb Rental Income: $null Traditional Rental Income: $3831 Airbnb ROI: N/A Traditional ROI: 6.17%
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.	$545,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.68% Airbnb Rental Income: $null Traditional Rental Income: $3029 Airbnb ROI: N/A Traditional ROI: 4.68%
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: 6.32% Airbnb Rental Income: $null Traditional Rental Income: $1413 Airbnb ROI: N/A Traditional ROI: 6.32%
924 Creston Avenue Waterloo, IA Tucked away in the peaceful Maywood Addition of Waterloo, this charming 4 bedroom, 3 bath,...	4 beds \| 3 baths \| 3,470 sq.ft.	$319,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.43% Airbnb Rental Income: $null Traditional Rental Income: $3182 Airbnb ROI: N/A Traditional ROI: 7.43%
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.	$499,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.38% Airbnb Rental Income: $null Traditional Rental Income: $2643 Airbnb ROI: N/A Traditional ROI: 4.38%
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 Investor's dream! This 2-bedroom, 1-bathroom single-family home offers steady rental incom...	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.	$650,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.36% Airbnb Rental Income: $null Traditional Rental Income: $3389 Airbnb ROI: N/A Traditional ROI: 4.36%
6418 Independence Avenue Waterloo, IA Come take a look at this move-in ready home which offers the perfect blend of space, comfo...	5 beds \| 2 baths \| 1,792 sq.ft.	$280,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.34% Airbnb Rental Income: $null Traditional Rental Income: $2760 Airbnb ROI: N/A Traditional ROI: 7.34%
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.	$477,500	Airbnb cash on cash: N/A Traditional cash on cash: 4.6% Airbnb Rental Income: $null Traditional Rental Income: $2626 Airbnb ROI: N/A Traditional ROI: 4.6%
122 Maryland Avenue Waterloo, IA Welcome home to this inviting 4 level split in the heart of Waterloo. The home features an...	2 beds \| 3 baths \| 1,484 sq.ft.	$184,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.57% Airbnb Rental Income: $null Traditional Rental Income: $2275 Airbnb ROI: N/A Traditional ROI: 9.57%
1269 Scott Avenue Waterloo, IA This beautiful home is being sold As-Is Welcome to this 3-bedroom, 1-bathroom home offerin...	3 beds \| 1 baths \| 1,466 sq.ft.	$150,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.41% Airbnb Rental Income: $null Traditional Rental Income: $2024 Airbnb ROI: N/A Traditional ROI: 10.41%
7811 Moline Road Waterloo, IA Welcome to 7811 Moline Road - the acreage you thought didn't exist... until now. Just outs...	4 beds \| 3 baths \| 2,872 sq.ft.	$655,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.8% Airbnb Rental Income: $null Traditional Rental Income: $3488 Airbnb ROI: N/A Traditional ROI: 3.8%
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%
1739 Patton Avenue Waterloo, IA Discover this spacious, large-dimension, one-owner home in Waterloo that has been lovingly...	3 beds \| 2 baths \| 1,800 sq.ft.	$204,950	Airbnb cash on cash: N/A Traditional cash on cash: 10.16% Airbnb Rental Income: $null Traditional Rental Income: $2615 Airbnb ROI: N/A Traditional ROI: 10.16%
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.	$430,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.5% Airbnb Rental Income: $null Traditional Rental Income: $3876 Airbnb ROI: N/A Traditional ROI: 6.5%
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.	$189,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.68% Airbnb Rental Income: $null Traditional Rental Income: $2632 Airbnb ROI: N/A Traditional ROI: 8.68%
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.	$189,500	Airbnb cash on cash: N/A Traditional cash on cash: 10.38% Airbnb Rental Income: $null Traditional Rental Income: $3021 Airbnb ROI: N/A Traditional ROI: 10.38%
814 Heartland Hills Drive Waterloo, IA This one has it all, including Cedar Falls Schools!!! Fresh on the market!!! Be prepared t...	5 beds \| 3 baths \| 2,444 sq.ft.	$344,000	Airbnb cash on cash: N/A Traditional cash on cash: 7% Airbnb Rental Income: $null Traditional Rental Income: $3252 Airbnb ROI: N/A Traditional ROI: 7%
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%
1933 Plymouth Ave Waterloo, IA This beautifully maintained Ranch-style home is ready for you to move right in. The main f...	3 beds \| 1 baths \| 1,386 sq.ft.	$147,750	Airbnb cash on cash: N/A Traditional cash on cash: 10.59% Airbnb Rental Income: $null Traditional Rental Income: $1975 Airbnb ROI: N/A Traditional ROI: 10.59%
1407 Hummingbird Circle Waterloo, IA Quality and comfort meet style in this meticulously crafted, two-story home. This 3-bedroo...	4 beds \| 3 baths \| 1,920 sq.ft.	$309,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.96% Airbnb Rental Income: $null Traditional Rental Income: $2956 Airbnb ROI: N/A Traditional ROI: 6.96%
2836 Independence Avenue Waterloo, IA 5- unit investment property! 1 unit is a 2-bedroom and the rest are 1 bedroom apartments. ...	N/A beds \| N/A baths \| N/A	$125,000	Airbnb cash on cash: N/A Traditional cash on cash: 11.64% Airbnb Rental Income: $null Traditional Rental Income: $1860 Airbnb ROI: N/A Traditional ROI: 11.64%
1119 Kaplan Drive Waterloo, IA Pride in ownership shows in this 3 bedroom 1.5 bath ranch home, same owners since 1988! Be...	3 beds \| 1 baths \| 1,740 sq.ft.	$219,500	Airbnb cash on cash: N/A Traditional cash on cash: 9.13% Airbnb Rental Income: $null Traditional Rental Income: $2566 Airbnb ROI: N/A Traditional ROI: 9.13%

Real Estate investment in Waterloo, IA

There are 115 properties for sale in the city of Waterloo . The median list price in Waterloo is $167,000 and the average price per square foot is $112. In December 2025, the average monthly cash on cash return in Waterloo is 10.00%. The average monthly rental income in Waterloo is $2,010.

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

There are 115 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.

$129,900

Airbnb cash on cash: N/A

Traditional cash on cash: 10.59%

Airbnb Rental Income: $null

Traditional Rental Income: $1773

Airbnb ROI: N/A

Traditional ROI: 10.59%

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.

$179,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.07%

Airbnb Rental Income: $null

Traditional Rental Income: $1573

Airbnb ROI: N/A

Traditional ROI: 6.07%

608 Wallgate Avenue

Waterloo, IA

3 beds | 2 baths | 1,200 sq.ft.

$234,900

Airbnb cash on cash: N/A

Traditional cash on cash: 7.79%

Airbnb Rental Income: $null

Traditional Rental Income: $2388

Airbnb ROI: N/A

Traditional ROI: 7.79%

610 Wallgate Avenue

Waterloo, IA

3 beds | 2 baths | 1,200 sq.ft.

$234,900

Airbnb cash on cash: N/A

Traditional cash on cash: 7.79%

Airbnb Rental Income: $null

Traditional Rental Income: $2388

Airbnb ROI: N/A

Traditional ROI: 7.79%

3024 W 9th Street

Waterloo, IA

4 beds | 2 baths | 2,162 sq.ft.

$254,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.63%

Airbnb Rental Income: $null

Traditional Rental Income: $2084

Airbnb ROI: N/A

Traditional ROI: 5.63%

1416 Partridge Lane

Waterloo, IA

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

$535,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.17%

Airbnb Rental Income: $null

Traditional Rental Income: $3831

Airbnb ROI: N/A