Real Estate Investment Properties for Sale in Waukee, IA

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
555 NE Bellflower Court Waukee, IA Welcome to your dream home! This stunning, turn-key 4-bedroom, 3.5-bathroom property offer...	4 beds \| 4 baths \| 2,238 sq.ft.	$569,000	Airbnb cash on cash: -0.4% Traditional cash on cash: 3.54% Airbnb Rental Income: $1545 Traditional Rental Income: $3189 Airbnb ROI: -0.4% Traditional ROI: 3.54%
2225 SE Prairie Creek Drive Waukee, IA Welcome to this warm & inviting, 4 Bedroom Ranch Home that has been thoughtfully updated f...	4 beds \| 3 baths \| 1,551 sq.ft.	$432,900	Airbnb cash on cash: -0.01% Traditional cash on cash: 2.71% Airbnb Rental Income: $1545 Traditional Rental Income: $2203 Airbnb ROI: -0.01% Traditional ROI: 2.71%
45 SE Booth Avenue Waukee, IA Welcome to this beautifully maintained 3-bedroom, 3.5 bath home located in the highly desi...	3 beds \| 4 baths \| 1,888 sq.ft.	$339,900	Airbnb cash on cash: 0.26% Traditional cash on cash: 5.01% Airbnb Rental Income: $1609 Traditional Rental Income: $2670 Airbnb ROI: 0.26% Traditional ROI: 5.01%
1355 SE Waddell Way Waukee, IA Check out this spacious 4 bedroom home in Glynn Village. Enjoy low maintenance living with...	4 beds \| 3 baths \| 2,156 sq.ft.	$330,000	Airbnb cash on cash: -0.09% Traditional cash on cash: 4.95% Airbnb Rental Income: $1545 Traditional Rental Income: $2663 Airbnb ROI: -0.09% Traditional ROI: 4.95%
875 SE Bobwhite Lane Waukee, IA This is the kind of home that's increasingly hard to find: updated, spacious, move-in read...	4 beds \| 3 baths \| 1,316 sq.ft.	$375,000	Airbnb cash on cash: 0.43% Traditional cash on cash: 3.32% Airbnb Rental Income: $1545 Traditional Rental Income: $2116 Airbnb ROI: 0.43% Traditional ROI: 3.32%
3910 Wildwood Court Waukee, IA Welcome to Wildwood Ct in the highly desirable Painted Woods neighborhood! Tucked away on ...	4 beds \| 4 baths \| 1,889 sq.ft.	$629,900	Airbnb cash on cash: -0.88% Traditional cash on cash: 2.35% Airbnb Rental Income: $1545 Traditional Rental Income: $3002 Airbnb ROI: -0.88% Traditional ROI: 2.35%
565 10th Street Waukee, IA Rare to find a townhome with a basement. You heard me correctly, townhome WITH a basement!...	3 beds \| 4 baths \| 1,445 sq.ft.	$274,900	Airbnb cash on cash: 1.22% Traditional cash on cash: 6.11% Airbnb Rental Income: $1609 Traditional Rental Income: $2418 Airbnb ROI: 1.22% Traditional ROI: 6.11%
855 Sandstone Point Waukee, IA Welcome to this beautifully maintained 2019 Kimberley Development resale offering over 3,4...	5 beds \| 4 baths \| 2,509 sq.ft.	$575,000	Airbnb cash on cash: 2.3% Traditional cash on cash: 3.42% Airbnb Rental Income: $3411 Traditional Rental Income: $3256 Airbnb ROI: 2.3% Traditional ROI: 3.42%
477 Spring Crest Lane Waukee, IA Welcome to your new Waukee home! Situated in Waukee schools and near the Heart of the Warr...	3 beds \| 4 baths \| 1,445 sq.ft.	$275,000	Airbnb cash on cash: 1.19% Traditional cash on cash: 5.33% Airbnb Rental Income: $1609 Traditional Rental Income: $2224 Airbnb ROI: 1.19% Traditional ROI: 5.33%
423 Spring Crest Lane Waukee, IA Location is key in this beautiful townome! Waukee schools, bike and walking trail, parks, ...	2 beds \| 3 baths \| 1,445 sq.ft.	$241,000	Airbnb cash on cash: 0.24% Traditional cash on cash: 6.85% Airbnb Rental Income: $1230 Traditional Rental Income: $2343 Airbnb ROI: 0.24% Traditional ROI: 6.85%
1331 SE University Avenue #204 Waukee, IA Easy living awaits in this well-maintained condo offering 2 spacious bedrooms and 2 baths....	2 beds \| 2 baths \| 1,105 sq.ft.	$160,000	Airbnb cash on cash: 0.78% Traditional cash on cash: 6.99% Airbnb Rental Income: $1230 Traditional Rental Income: $1784 Airbnb ROI: 0.78% Traditional ROI: 6.99%
1365 SE Parkview Crossing Drive Waukee, IA Well maintained 2 story Destiny home with everything included, and move-in ready! 4 bdrms,...	4 beds \| 3 baths \| 1,615 sq.ft.	$320,000	Airbnb cash on cash: 0.64% Traditional cash on cash: 5.78% Airbnb Rental Income: $1545 Traditional Rental Income: $2643 Airbnb ROI: 0.64% Traditional ROI: 5.78%
1720 SE LA Grant Parkway #16 Waukee, IA AFFORDABLE and UPDATED WAUKEE 2 bed, 2 bath Condo w/Garage! Move-in ready and beautifully ...	2 beds \| 2 baths \| 995 sq.ft.	$149,900	Airbnb cash on cash: 1.37% Traditional cash on cash: 7.43% Airbnb Rental Income: $1230 Traditional Rental Income: $1705 Airbnb ROI: 1.37% Traditional ROI: 7.43%
1265 NW Yorktown Drive Waukee, IA Step inside to a bright and inviting open-concept main level highlighted by stylish finish...	4 beds \| 4 baths \| 1,857 sq.ft.	$415,000	Airbnb cash on cash: 0.23% Traditional cash on cash: 5.18% Airbnb Rental Income: $1545 Traditional Rental Income: $3024 Airbnb ROI: 0.23% Traditional ROI: 5.18%
1223 NW Yorktown Drive Waukee, IA Discover your new fully fenced home in Stratford Crossing, a vibrant community near the Ra...	3 beds \| 3 baths \| 1,337 sq.ft.	$340,000	Airbnb cash on cash: 0.81% Traditional cash on cash: 4.57% Airbnb Rental Income: $1609 Traditional Rental Income: $2351 Airbnb ROI: 0.81% Traditional ROI: 4.57%
1320 Locust Street Waukee, IA Welcome to this beautifully maintained 2021 ranch home, offering the perfect blend of mode...	3 beds \| 2 baths \| 1,161 sq.ft.	$319,000	Airbnb cash on cash: 0.98% Traditional cash on cash: 3.9% Airbnb Rental Income: $1609 Traditional Rental Income: $2029 Airbnb ROI: 0.98% Traditional ROI: 3.9%
1333 SE University Avenue #306 Waukee, IA Welcome home to this beautifully maintained top-floor condo offering low maintenance livin...	2 beds \| 2 baths \| 1,162 sq.ft.	$160,000	Airbnb cash on cash: 0.06% Traditional cash on cash: 6.5% Airbnb Rental Income: $1230 Traditional Rental Income: $1820 Airbnb ROI: 0.06% Traditional ROI: 6.5%
470 SE Cardinal Lane Waukee, IA There's something about a home that just works for real life, and this one gets it right. ...	3 beds \| 4 baths \| 1,546 sq.ft.	$330,000	Airbnb cash on cash: 0.85% Traditional cash on cash: 4.09% Airbnb Rental Income: $1609 Traditional Rental Income: $2158 Airbnb ROI: 0.85% Traditional ROI: 4.09%
2015 SE Greentree Drive Waukee, IA Awesome Waukee location close to schools, shopping , bike and walking trails. 3 car garage...	4 beds \| 3 baths \| 1,542 sq.ft.	$424,000	Airbnb cash on cash: 0.29% Traditional cash on cash: 3.38% Airbnb Rental Income: $1545 Traditional Rental Income: $2324 Airbnb ROI: 0.29% Traditional ROI: 3.38%
1935 SE Prairie Creek Drive Waukee, IA Better than new 5-bedroom home in a highly sought-after Waukee neighborhood! This impeccab...	5 beds \| 4 baths \| 2,117 sq.ft.	$459,900	Airbnb cash on cash: 3.48% Traditional cash on cash: 3.97% Airbnb Rental Income: $3411 Traditional Rental Income: $2865 Airbnb ROI: 3.48% Traditional ROI: 3.97%
127 NW Sunrise Drive Waukee, IA Welcome to 127 NW Sunrise Drive in Waukee. This 4-bedroom, 3-bath ranch sits on a hard-to-...	4 beds \| 3 baths \| 1,687 sq.ft.	$524,900	Airbnb cash on cash: -0.48% Traditional cash on cash: 2.51% Airbnb Rental Income: $1545 Traditional Rental Income: $2565 Airbnb ROI: -0.48% Traditional ROI: 2.51%
405 NW Woodmoor Drive Waukee, IA Build your dream home with the Franklin XL plan by Grace Allen Homes in the desirable Prai...	5 beds \| 5 baths \| 1,861 sq.ft.	$729,900	Airbnb cash on cash: 1.18% Traditional cash on cash: 0.54% Airbnb Rental Income: $3411 Traditional Rental Income: $2221 Airbnb ROI: 1.18% Traditional ROI: 0.54%
2380 SE Willowbrook Drive Waukee, IA Welcome to this stunning 2-story Waukee gem! Built in 2014 with over 1,700 sq ft, this 3-b...	3 beds \| 3 baths \| 1,748 sq.ft.	$360,000	Airbnb cash on cash: 0.53% Traditional cash on cash: 3.98% Airbnb Rental Income: $1609 Traditional Rental Income: $2319 Airbnb ROI: 0.53% Traditional ROI: 3.98%
710 SE Drumlin Drive Waukee, IA Better than new and built only 4 years ago, this beautifully maintained home offers the pe...	4 beds \| 4 baths \| 1,701 sq.ft.	$384,900	Airbnb cash on cash: 0.04% Traditional cash on cash: 4.22% Airbnb Rental Income: $1545 Traditional Rental Income: $2606 Airbnb ROI: 0.04% Traditional ROI: 4.22%
3055 Jackpine Drive Waukee, IA Indulge in the refined allure of this stunning walkout ranch, where elegance abounds insid...	3 beds \| 4 baths \| 1,932 sq.ft.	$665,000	Airbnb cash on cash: -0.81% Traditional cash on cash: 2.09% Airbnb Rental Income: $1609 Traditional Rental Income: $2950 Airbnb ROI: -0.81% Traditional ROI: 2.09%
2825 SE Florence Drive Waukee, IA Why wait to build? This well maintained 3-bedroom, 2.5-bath home in Waukee's sought-after ...	3 beds \| 3 baths \| 1,573 sq.ft.	$418,000	Airbnb cash on cash: 0.2% Traditional cash on cash: 2.87% Airbnb Rental Income: $1609 Traditional Rental Income: $2197 Airbnb ROI: 0.2% Traditional ROI: 2.87%
732 SE Williams Court Waukee, IA Beautiful 2-story townhome featuring 2 bedrooms, 2 baths, and a finished lower level w/ po...	2 beds \| 3 baths \| 1,338 sq.ft.	$264,900	Airbnb cash on cash: -0.39% Traditional cash on cash: 3.55% Airbnb Rental Income: $1230 Traditional Rental Income: $1820 Airbnb ROI: -0.39% Traditional ROI: 3.55%
2425 SE Sawyer Pointe Waukee, IA Stunning 4 BR ranch on a walk-out cul-de-sac lot in the desirable Kettlestone area. The op...	4 beds \| 3 baths \| 1,474 sq.ft.	$450,000	Airbnb cash on cash: -0.19% Traditional cash on cash: 2.42% Airbnb Rental Income: $1545 Traditional Rental Income: $2198 Airbnb ROI: -0.19% Traditional ROI: 2.42%
1012 Maple Street Waukee, IA Beautiful end-unit townhome in the Spring Crest community of Waukee featuring 3 bedrooms a...	3 beds \| 3 baths \| 1,709 sq.ft.	$280,000	Airbnb cash on cash: 0.46% Traditional cash on cash: 3.93% Airbnb Rental Income: $1609 Traditional Rental Income: $2069 Airbnb ROI: 0.46% Traditional ROI: 3.93%
290 NW Rosemont Circle Waukee, IA Beautiful 3 bedroom ranch in a highly desirable Waukee location just blocks from Northwest...	3 beds \| 2 baths \| 1,429 sq.ft.	$365,000	Airbnb cash on cash: 0.43% Traditional cash on cash: 2.49% Airbnb Rental Income: $1609 Traditional Rental Income: $1857 Airbnb ROI: 0.43% Traditional ROI: 2.49%
1090 2nd St Court Waukee, IA This move in ready home in Waukee has been taken care of from top to bottom. The backyard ...	4 beds \| 3 baths \| 1,670 sq.ft.	$349,900	Airbnb cash on cash: 0.73% Traditional cash on cash: 3.67% Airbnb Rental Income: $1545 Traditional Rental Income: $2065 Airbnb ROI: 0.73% Traditional ROI: 3.67%
80 NW Alderleaf Drive Waukee, IA Get inside this stunning, one-of-a-kind 2-story built by Design & Create Homes, where natu...	4 beds \| 3 baths \| 2,898 sq.ft.	$675,000	Airbnb cash on cash: -1.11% Traditional cash on cash: 2.01% Airbnb Rental Income: $1545 Traditional Rental Income: $3063 Airbnb ROI: -1.11% Traditional ROI: 2.01%
35087 Burgundy Circle Waukee, IA Welcome to this stunning 1.2-acre retreat in the coveted Napa Valley gated community, wher...	4 beds \| 4 baths \| 2,200 sq.ft.	$1,150,000	Airbnb cash on cash: -1.29% Traditional cash on cash: 0.36% Airbnb Rental Income: $1545 Traditional Rental Income: $2860 Airbnb ROI: -1.29% Traditional ROI: 0.36%
930 Harrington Way Waukee, IA 'YOUR VISION, OUR PRECISION'. A very apt way of describing this 5 bedroom walk-out 2 story...	5 beds \| 5 baths \| 3,491 sq.ft.	$1,399,000	Airbnb cash on cash: -0.61% Traditional cash on cash: 1.19% Airbnb Rental Income: $3411 Traditional Rental Income: $4984 Airbnb ROI: -0.61% Traditional ROI: 1.19%
995 8th Street Waukee, IA Welcome to 995 8th Street in Waukee, a thoughtfully designed home that offers the comfort,...	3 beds \| 2 baths \| 1,741 sq.ft.	$349,900	Airbnb cash on cash: 0.5% Traditional cash on cash: 2.82% Airbnb Rental Income: $1609 Traditional Rental Income: $1916 Airbnb ROI: 0.5% Traditional ROI: 2.82%
350 SE Westgate Drive Waukee, IA Step into this beautiful 4-bedroom, 3-bath split-level home designed with space and functi...	4 beds \| 3 baths \| 1,374 sq.ft.	$327,500	Airbnb cash on cash: 0.81% Traditional cash on cash: 4.47% Airbnb Rental Income: $1545 Traditional Rental Income: $2227 Airbnb ROI: 0.81% Traditional ROI: 4.47%
767 SE Willow Brook Drive Waukee, IA This 2 bed, 2.5 bath home features an open-concept layout with high ceilings and abundant ...	2 beds \| 3 baths \| 1,397 sq.ft.	$213,000	Airbnb cash on cash: -0.28% Traditional cash on cash: 5.01% Airbnb Rental Income: $1230 Traditional Rental Income: $1904 Airbnb ROI: -0.28% Traditional ROI: 5.01%
875 Roman Road Waukee, IA Amazing custom-built walkout ranch home backing to a private, tree-lined backdrop you won'...	3 beds \| 4 baths \| 1,768 sq.ft.	$715,000	Airbnb cash on cash: -0.98% Traditional cash on cash: 1.43% Airbnb Rental Income: $1609 Traditional Rental Income: $2757 Airbnb ROI: -0.98% Traditional ROI: 1.43%
805 Canterbury Circle Waukee, IA Move-in-ready ranch with finished walk-out lower level in Waukee. Open-concept layout feat...	5 beds \| 4 baths \| 2,022 sq.ft.	$949,900	Airbnb cash on cash: 1.87% Traditional cash on cash: 2.41% Airbnb Rental Income: $3411 Traditional Rental Income: $3131 Airbnb ROI: 1.87% Traditional ROI: 2.41%
810 NW Prairie Rose Lane Waukee, IA Welcome to this exquisitely built ranch home with over 2700 sq ft of living space where co...	5 beds \| 3 baths \| 1,659 sq.ft.	$589,000	Airbnb cash on cash: 2.06% Traditional cash on cash: 1.82% Airbnb Rental Income: $3411 Traditional Rental Income: $2522 Airbnb ROI: 2.06% Traditional ROI: 1.82%

Real Estate investment in Waukee, IA

There are 314 properties for sale in the city of Waukee . The median list price in Waukee is $365,261 and the average price per square foot is $207. In June 2026, the average monthly cash on cash return in Waukee is 4.00%. The average monthly rental income in Waukee is $2,501.

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

There are 314 investment properties available for sale in Waukee.

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

The ROI for Long-Term is higher than the Short-Term in Waukee with average rental income of $2,501.

Your search for investment property begins and ends here

Investment Property for Sale in Waukee, IA

555 NE Bellflower Court

Waukee, IA

4 beds | 4 baths | 2,238 sq.ft.

$569,000

Airbnb cash on cash: -0.4%

Traditional cash on cash: 3.54%

Airbnb Rental Income: $1545

Traditional Rental Income: $3189

Airbnb ROI: -0.4%

Traditional ROI: 3.54%

2225 SE Prairie Creek Drive

Waukee, IA

4 beds | 3 baths | 1,551 sq.ft.

$432,900

Airbnb cash on cash: -0.01%

Traditional cash on cash: 2.71%

Airbnb Rental Income: $1545

Traditional Rental Income: $2203

Airbnb ROI: -0.01%

Traditional ROI: 2.71%

45 SE Booth Avenue

Waukee, IA

3 beds | 4 baths | 1,888 sq.ft.

$339,900

Airbnb cash on cash: 0.26%

Traditional cash on cash: 5.01%

Airbnb Rental Income: $1609

Traditional Rental Income: $2670

Airbnb ROI: 0.26%

Traditional ROI: 5.01%

1355 SE Waddell Way

Waukee, IA

4 beds | 3 baths | 2,156 sq.ft.

$330,000

Airbnb cash on cash: -0.09%

Traditional cash on cash: 4.95%

Airbnb Rental Income: $1545

Traditional Rental Income: $2663

Airbnb ROI: -0.09%

Traditional ROI: 4.95%

875 SE Bobwhite Lane

Waukee, IA

4 beds | 3 baths | 1,316 sq.ft.

$375,000

Airbnb cash on cash: 0.43%

Traditional cash on cash: 3.32%

Airbnb Rental Income: $1545

Traditional Rental Income: $2116

Airbnb ROI: 0.43%

Traditional ROI: 3.32%

3910 Wildwood Court

Waukee, IA

4 beds | 4 baths | 1,889 sq.ft.

$629,900

Airbnb cash on cash: -0.88%

Traditional cash on cash: 2.35%

Airbnb Rental Income: $1545

Traditional Rental Income: $3002

Airbnb ROI: -0.88%

Traditional ROI: 2.35%

565 10th Street

Waukee, IA

3 beds | 4 baths | 1,445 sq.ft.

$274,900

Airbnb cash on cash: 1.22%

Traditional cash on cash: 6.11%

Airbnb Rental Income: $1609

Traditional Rental Income: $2418

Airbnb ROI: 1.22%

Traditional ROI: 6.11%

855 Sandstone Point

Waukee, IA

5 beds | 4 baths | 2,509 sq.ft.

$575,000

Airbnb cash on cash: 2.3%

Traditional cash on cash: 3.42%

Airbnb Rental Income: $3411

Traditional Rental Income: $3256

Airbnb ROI: 2.3%