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
45 SE Booth Avenue Waukee, IA Welcome to Your Move-In Ready Dream Home in Glynn Village! Don't miss the opportunity to o...	3 beds \| 4 baths \| 1,888 sq.ft.	$348,990	Airbnb cash on cash: -0.7% Traditional cash on cash: 4.88% Airbnb Rental Income: $1233 Traditional Rental Income: $2670 Airbnb ROI: -0.7% Traditional ROI: 4.88%
725 SE Olson Drive Waukee, IA Come into this beautifully updated two-story home! Featuring a 3 car attached garage, a la...	4 beds \| 4 baths \| 1,927 sq.ft.	$359,000	Airbnb cash on cash: 0.73% Traditional cash on cash: 5.14% Airbnb Rental Income: $1665 Traditional Rental Income: $2686 Airbnb ROI: 0.73% Traditional ROI: 5.14%
855 Northview Drive Waukee, IA Welcome home to this beautifully maintained ranch offering 1,474 sq ft on the main level p...	4 beds \| 3 baths \| 1,474 sq.ft.	$409,900	Airbnb cash on cash: 0.56% Traditional cash on cash: 3.8% Airbnb Rental Income: $1665 Traditional Rental Income: $2447 Airbnb ROI: 0.56% Traditional ROI: 3.8%
20 NE Badger Lane Waukee, IA Welcome Home! Spacious Two Story in the highly sought after Fox Creek Estates neighborhood...	4 beds \| 3 baths \| 1,685 sq.ft.	$395,000	Airbnb cash on cash: 0.58% Traditional cash on cash: 4.32% Airbnb Rental Income: $1665 Traditional Rental Income: $2583 Airbnb ROI: 0.58% Traditional ROI: 4.32%
33551 335th Street Waukee, IA If you are looking for a completely private acreage with access to all the amenities of th...	4 beds \| 3 baths \| 1,607 sq.ft.	$510,000	Airbnb cash on cash: 0.41% Traditional cash on cash: 2.34% Airbnb Rental Income: $1665 Traditional Rental Income: $2116 Airbnb ROI: 0.41% Traditional ROI: 2.34%
545 10th Street Waukee, IA Absolute gem, end unit in small private complex w over 2500+ sq ft of finished living spac...	4 beds \| 4 baths \| 1,706 sq.ft.	$300,000	Airbnb cash on cash: 0.99% Traditional cash on cash: 6.1% Airbnb Rental Income: $1665 Traditional Rental Income: $2642 Airbnb ROI: 0.99% Traditional ROI: 6.1%
533 Spring Crest Lane Waukee, IA Discover unbeatable value in this 4-bedroom, 4-bath townhome offering an incredible 2,386s...	4 beds \| 4 baths \| 1,706 sq.ft.	$299,400	Airbnb cash on cash: 0.91% Traditional cash on cash: 6.05% Airbnb Rental Income: $1665 Traditional Rental Income: $2649 Airbnb ROI: 0.91% Traditional ROI: 6.05%
605 6th Street Waukee, IA This Century old charmer on nearly an acre of land in the heart of Waukee still has it all...	3 beds \| 2 baths \| 1,297 sq.ft.	$249,900	Airbnb cash on cash: 0.76% Traditional cash on cash: 5.14% Airbnb Rental Income: $1233 Traditional Rental Income: $1873 Airbnb ROI: 0.76% Traditional ROI: 5.14%
625 Gray Avenue Waukee, IA Welcome to this charming two-story home on Gray Avenue! Featuring 4 bedrooms and 3 baths, ...	4 beds \| 3 baths \| 1,720 sq.ft.	$378,900	Airbnb cash on cash: 0.64% Traditional cash on cash: 4.47% Airbnb Rental Income: $1665 Traditional Rental Income: $2558 Airbnb ROI: 0.64% Traditional ROI: 4.47%
481 10th Street Waukee, IA Built in 2020, this Spring Crest townhome delivers modern style and zero work. The sun-lit...	3 beds \| 4 baths \| 1,445 sq.ft.	$279,900	Airbnb cash on cash: -0.53% Traditional cash on cash: 5.64% Airbnb Rental Income: $1233 Traditional Rental Income: $2467 Airbnb ROI: -0.53% Traditional ROI: 5.64%
2845 SE Bluestem Drive Waukee, IA This stunning ranch plan has everything you need and more. The main floor features 9' ceil...	3 beds \| 3 baths \| 1,288 sq.ft.	$354,900	Airbnb cash on cash: -0.5% Traditional cash on cash: 3.77% Airbnb Rental Income: $1233 Traditional Rental Income: $2264 Airbnb ROI: -0.5% Traditional ROI: 3.77%
1365 SE Parkview Crossing Drive Waukee, IA Welcome to the well-maintained two-story plan featuring 4 bedrooms, 3 baths, and more than...	4 beds \| 4 baths \| 1,615 sq.ft.	$335,000	Airbnb cash on cash: 0.89% Traditional cash on cash: 5.48% Airbnb Rental Income: $1665 Traditional Rental Income: $2643 Airbnb ROI: 0.89% Traditional ROI: 5.48%
757 NE Macey Way Waukee, IA Why rent when you can own? This beautifully maintained end-unit townhome in the heart of W...	3 beds \| 3 baths \| 1,382 sq.ft.	$240,000	Airbnb cash on cash: 0% Traditional cash on cash: 6.39% Airbnb Rental Income: $1233 Traditional Rental Income: $2288 Airbnb ROI: 0% Traditional ROI: 6.39%
855 NE Bobcat Drive Waukee, IA Looking for a beautiful home on a quiet Cul de sac in Waukee, then this is the one! Spacio...	5 beds \| 3 baths \| 1,738 sq.ft.	$549,900	Airbnb cash on cash: 1.13% Traditional cash on cash: 2.7% Airbnb Rental Income: $2503 Traditional Rental Income: $2704 Airbnb ROI: 1.13% Traditional ROI: 2.7%
115 Windfield Parkway Waukee, IA Charming Split-Level Home in the Heart of Waukee Welcome to your new home! This deligh...	3 beds \| 2 baths \| 1,214 sq.ft.	$309,900	Airbnb cash on cash: 0.13% Traditional cash on cash: 3.64% Airbnb Rental Income: $1233 Traditional Rental Income: $1864 Airbnb ROI: 0.13% Traditional ROI: 3.64%
440 SE Sagewood Circle Waukee, IA This turn-key two story home is nestled in a family-friendly Waukee neighborhood convenien...	3 beds \| 3 baths \| 1,570 sq.ft.	$350,000	Airbnb cash on cash: -0.06% Traditional cash on cash: 3.94% Airbnb Rental Income: $1233 Traditional Rental Income: $2153 Airbnb ROI: -0.06% Traditional ROI: 3.94%
705 SE Drumlin Drive Waukee, IA MOTIVATED SELLER! Backs to pond with beautiful view! This picturesque 4-bed, 3-bath ranch ...	4 beds \| 3 baths \| 1,277 sq.ft.	$385,000	Airbnb cash on cash: 0.5% Traditional cash on cash: 3.57% Airbnb Rental Income: $1665 Traditional Rental Income: $2306 Airbnb ROI: 0.5% Traditional ROI: 3.57%
725 SE Drumlin Drive Waukee, IA Beautiful 4 bedroom, 3 bath ranch with over 2000 finished square feet that backs to a POND...	4 beds \| 3 baths \| 1,265 sq.ft.	$409,900	Airbnb cash on cash: 0.4% Traditional cash on cash: 3.35% Airbnb Rental Income: $1665 Traditional Rental Income: $2329 Airbnb ROI: 0.4% Traditional ROI: 3.35%
155 Bel Aire Drive Waukee, IA Charming 1960's ranch in the heart of Old Waukee for under $250,000! This home has been fu...	2 beds \| 1 baths \| 888 sq.ft.	$235,000	Airbnb cash on cash: 3.94% Traditional cash on cash: 3.9% Airbnb Rental Income: $2065 Traditional Rental Income: $1524 Airbnb ROI: 3.94% Traditional ROI: 3.9%
95 Gray Avenue Waukee, IA This awesome two story home is nestled in a prime Waukee neighborhood conveniently located...	3 beds \| 3 baths \| 1,820 sq.ft.	$297,500	Airbnb cash on cash: 0.1% Traditional cash on cash: 5.62% Airbnb Rental Income: $1233 Traditional Rental Income: $2385 Airbnb ROI: 0.1% Traditional ROI: 5.62%
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.	$429,000	Airbnb cash on cash: 0.52% Traditional cash on cash: 3.33% Airbnb Rental Income: $1665 Traditional Rental Income: $2324 Airbnb ROI: 0.52% Traditional ROI: 3.33%
2350 SE Willowbrook Drive Waukee, IA Discover the perfect blend of modern comfort and charm at this Waukee ranch retreat! Desig...	4 beds \| 3 baths \| 1,537 sq.ft.	$438,000	Airbnb cash on cash: 0.2% Traditional cash on cash: 2.97% Airbnb Rental Income: $1665 Traditional Rental Income: $2334 Airbnb ROI: 0.2% Traditional ROI: 2.97%
2320 SE Maxwell Drive Waukee, IA Welcome to 2320 SE Maxwell Dr! This spacious 4-bedroom, 3-bath home is move-in ready and p...	4 beds \| 3 baths \| 1,473 sq.ft.	$414,900	Airbnb cash on cash: 0.22% Traditional cash on cash: 3.38% Airbnb Rental Income: $1665 Traditional Rental Income: $2426 Airbnb ROI: 0.22% Traditional ROI: 3.38%
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.	$725,000	Airbnb cash on cash: -1.23% Traditional cash on cash: 1.89% Airbnb Rental Income: $1233 Traditional Rental Income: $2950 Airbnb ROI: -1.23% Traditional ROI: 1.89%
690 SE Driftwood Lane Waukee, IA BETTER THAN NEW Ranch Home, just minutes from the new Kettlestone district & steps away fr...	3 beds \| 2 baths \| 1,343 sq.ft.	$375,000	Airbnb cash on cash: -0.28% Traditional cash on cash: 3.24% Airbnb Rental Income: $1233 Traditional Rental Income: $2076 Airbnb ROI: -0.28% Traditional ROI: 3.24%
675 SE Maxwell Drive Waukee, IA This home is next to all of the exciting new places in Waukee's Kettlestone development an...	3 beds \| 3 baths \| 1,644 sq.ft.	$359,900	Airbnb cash on cash: -0.32% Traditional cash on cash: 4.4% Airbnb Rental Income: $1233 Traditional Rental Income: $2434 Airbnb ROI: -0.32% Traditional ROI: 4.4%
705 SE Booth Avenue Waukee, IA Don't miss this stunning 2-story home in Waukee's Landing at Kettlestone development, offe...	4 beds \| 3 baths \| 1,965 sq.ft.	$404,900	Airbnb cash on cash: 0.31% Traditional cash on cash: 2.92% Airbnb Rental Income: $1665 Traditional Rental Income: $2188 Airbnb ROI: 0.31% Traditional ROI: 2.92%
915 Chestnut Drive Waukee, IA New Price!! Wow!! This beautiful home is priced way below the cost to build this home toda...	4 beds \| 3 baths \| 1,865 sq.ft.	$599,900	Airbnb cash on cash: -0.58% Traditional cash on cash: 1.81% Airbnb Rental Income: $1665 Traditional Rental Income: $2542 Airbnb ROI: -0.58% Traditional ROI: 1.81%
415 Northview Drive Waukee, IA Just minutes from downtown Waukee and top-rated schools, this 3 bedroom, 2 bathroom split ...	3 beds \| 2 baths \| 896 sq.ft.	$265,000	Airbnb cash on cash: 0.68% Traditional cash on cash: 3.5% Airbnb Rental Income: $1233 Traditional Rental Income: $1544 Airbnb ROI: 0.68% Traditional ROI: 3.5%
950 Cedar Street Waukee, IA Situated in one of Waukee's most desirable areas, this home offers the perfect balance of ...	4 beds \| 3 baths \| 2,057 sq.ft.	$429,900	Airbnb cash on cash: 0.34% Traditional cash on cash: 3% Airbnb Rental Income: $1665 Traditional Rental Income: $2269 Airbnb ROI: 0.34% Traditional ROI: 3%
1015 Locust Street Waukee, IA Step into this better-than-new ranch-style home at 1015 Locust St, Waukee, featuring 4 bed...	4 beds \| 3 baths \| 1,161 sq.ft.	$349,900	Airbnb cash on cash: 0.84% Traditional cash on cash: 3.85% Airbnb Rental Income: $1665 Traditional Rental Income: $2190 Airbnb ROI: 0.84% Traditional ROI: 3.85%
1725 SE Oxford Drive Waukee, IA Welcome to this spacious and inviting home nestled right off SE LA Grant Parkway, just min...	4 beds \| 3 baths \| 1,257 sq.ft.	$379,990	Airbnb cash on cash: 0.76% Traditional cash on cash: 3.21% Airbnb Rental Income: $1665 Traditional Rental Income: $2072 Airbnb ROI: 0.76% Traditional ROI: 3.21%
80 NW Alderleaf Drive Waukee, IA Welcome to Your Dream Home! Step into this stunning two-story home in Waukee, Iowa, crafte...	4 beds \| 3 baths \| 2,898 sq.ft.	$699,000	Airbnb cash on cash: -0.89% Traditional cash on cash: 1.97% Airbnb Rental Income: $1665 Traditional Rental Income: $3063 Airbnb ROI: -0.89% Traditional ROI: 1.97%
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: -1.02% Traditional cash on cash: 0.53% Airbnb Rental Income: $1665 Traditional Rental Income: $2860 Airbnb ROI: -1.02% Traditional ROI: 0.53%
917 Maywood Lane Waukee, IA Better-than-new Waukee townhome with charm, space, and modern conveniences! Tucked away on...	3 beds \| 3 baths \| 1,631 sq.ft.	$255,000	Airbnb cash on cash: -0.42% Traditional cash on cash: 4.87% Airbnb Rental Income: $1233 Traditional Rental Income: $2113 Airbnb ROI: -0.42% Traditional ROI: 4.87%
285 NW Horan Court Waukee, IA Immaculate Waukee Walkout on a Cul-de-Sac - Better Than New & Priced Below Assessed Value!...	3 beds \| 2 baths \| 1,426 sq.ft.	$361,900	Airbnb cash on cash: -0.53% Traditional cash on cash: 2.92% Airbnb Rental Income: $1233 Traditional Rental Income: $2008 Airbnb ROI: -0.53% Traditional ROI: 2.92%
60 NW Valleyview Drive Waukee, IA Step into a cozy and comfortable 4-bedroom, 2-story home in the desirable Ashley Acres com...	4 beds \| 3 baths \| 2,091 sq.ft.	$475,000	Airbnb cash on cash: -0.1% Traditional cash on cash: 2.4% Airbnb Rental Income: $1665 Traditional Rental Income: $2310 Airbnb ROI: -0.1% Traditional ROI: 2.4%
727 SE Williams Court Waukee, IA Welcome to your happy place! This cozy and cheerful Waukee townhome is bursting with charm...	2 beds \| 3 baths \| 1,338 sq.ft.	$238,500	Airbnb cash on cash: 2.66% Traditional cash on cash: 3.71% Airbnb Rental Income: $2065 Traditional Rental Income: $1768 Airbnb ROI: 2.66% Traditional ROI: 3.71%
3820 Fieldstone Drive Waukee, IA New Price!! Kimberley Development presents their new Abigail ranch plan with finished base...	5 beds \| 3 baths \| 1,857 sq.ft.	$619,900	Airbnb cash on cash: 0.82% Traditional cash on cash: 2.04% Airbnb Rental Income: $2503 Traditional Rental Income: $2605 Airbnb ROI: 0.82% Traditional ROI: 2.04%
3815 Fieldstone Drive Waukee, IA New Price!! Welcome to Kimberley Development's Austin ranch plan situated on nearly 1/2 an...	4 beds \| 3 baths \| 1,764 sq.ft.	$614,900	Airbnb cash on cash: -0.85% Traditional cash on cash: 1.36% Airbnb Rental Income: $1665 Traditional Rental Income: $2462 Airbnb ROI: -0.85% Traditional ROI: 1.36%

Real Estate investment in Waukee, IA

There are 297 properties for sale in the city of Waukee . The median list price in Waukee is $415,000 and the average price per square foot is $243. In October 2025, the average monthly cash on cash return in Waukee is 4.00%. The average monthly rental income in Waukee is $2,515.

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

There are 297 investment properties available for sale in Waukee.

In 2025, the best neighborhood to buy investment property is Waukee.

The ROI for Short-Term is higher than the Long-Term in Waukee with average rental income of $1,665.

Your search for investment property begins and ends here

Investment Property for Sale in Waukee, IA

45 SE Booth Avenue

Waukee, IA

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

$348,990

Airbnb cash on cash: -0.7%

Traditional cash on cash: 4.88%

Airbnb Rental Income: $1233

Traditional Rental Income: $2670

Airbnb ROI: -0.7%

Traditional ROI: 4.88%

725 SE Olson Drive

Waukee, IA

4 beds | 4 baths | 1,927 sq.ft.

$359,000

Airbnb cash on cash: 0.73%

Traditional cash on cash: 5.14%

Airbnb Rental Income: $1665

Traditional Rental Income: $2686

Airbnb ROI: 0.73%

Traditional ROI: 5.14%

855 Northview Drive

Waukee, IA

4 beds | 3 baths | 1,474 sq.ft.

$409,900

Airbnb cash on cash: 0.56%

Traditional cash on cash: 3.8%

Airbnb Rental Income: $1665

Traditional Rental Income: $2447

Airbnb ROI: 0.56%

Traditional ROI: 3.8%

20 NE Badger Lane

Waukee, IA

4 beds | 3 baths | 1,685 sq.ft.

$395,000

Airbnb cash on cash: 0.58%

Traditional cash on cash: 4.32%

Airbnb Rental Income: $1665

Traditional Rental Income: $2583

Airbnb ROI: 0.58%

Traditional ROI: 4.32%

33551 335th Street

Waukee, IA

4 beds | 3 baths | 1,607 sq.ft.

$510,000

Airbnb cash on cash: 0.41%

Traditional cash on cash: 2.34%

Airbnb Rental Income: $1665

Traditional Rental Income: $2116

Airbnb ROI: 0.41%

Traditional ROI: 2.34%

545 10th Street

Waukee, IA

4 beds | 4 baths | 1,706 sq.ft.

$300,000

Airbnb cash on cash: 0.99%

Traditional cash on cash: 6.1%

Airbnb Rental Income: $1665

Traditional Rental Income: $2642

Airbnb ROI: 0.99%

Traditional ROI: 6.1%

533 Spring Crest Lane

Waukee, IA

4 beds | 4 baths | 1,706 sq.ft.

$299,400

Airbnb cash on cash: 0.91%

Traditional cash on cash: 6.05%

Airbnb Rental Income: $1665

Traditional Rental Income: $2649

Airbnb ROI: 0.91%

Traditional ROI: 6.05%

605 6th Street

Waukee, IA

3 beds | 2 baths | 1,297 sq.ft.

$249,900

Airbnb cash on cash: 0.76%

Traditional cash on cash: 5.14%

Airbnb Rental Income: $1233

Traditional Rental Income: $1873

Airbnb ROI: 0.76%