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
1780 SE Olson Drive Waukee, IA Pride of ownership shows inside and out at this move in ready home in Waukee. Offering 5 b...	5 beds \| 4 baths \| 2,587 sq.ft.	$590,000	Airbnb cash on cash: 0.66% Traditional cash on cash: N/A Airbnb Rental Income: $2296 Traditional Rental Income: $0 Airbnb ROI: 0.66% Traditional ROI: N/A
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: -0.45% Traditional cash on cash: 4.95% Airbnb Rental Income: $1412 Traditional Rental Income: $2663 Airbnb ROI: -0.45% Traditional ROI: 4.95%
561 10th Street Waukee, IA Beautiful end unit, 2 story townhome with open concept living, basement and attached 2 car...	3 beds \| 3 baths \| 1,706 sq.ft.	$278,000	Airbnb cash on cash: -0.83% Traditional cash on cash: 3.33% Airbnb Rental Income: $1127 Traditional Rental Income: $1840 Airbnb ROI: -0.83% Traditional ROI: 3.33%
885 Northview Drive Waukee, IA Tucked into a growing Waukee location, this well maintained two story offers an incredible...	4 beds \| 3 baths \| 1,818 sq.ft.	$395,000	Airbnb cash on cash: -0.07% Traditional cash on cash: 2.98% Airbnb Rental Income: $1412 Traditional Rental Income: $2116 Airbnb ROI: -0.07% Traditional ROI: 2.98%
1885 SE Florence Drive Waukee, IA This is YOUR slice of the American Dream - 4 bedrooms, 3 bathrooms in a desirable Waukee c...	4 beds \| 3 baths \| 1,572 sq.ft.	$340,000	Airbnb cash on cash: 0.22% Traditional cash on cash: 3.95% Airbnb Rental Income: $1412 Traditional Rental Income: $2179 Airbnb ROI: 0.22% Traditional ROI: 3.95%
33551 335th Street Waukee, IA BRAND NEW CARPET!!! If you are looking for a completely private acreage with access to all...	4 beds \| 3 baths \| 1,607 sq.ft.	$435,000	Airbnb cash on cash: 0.14% Traditional cash on cash: 3.4% Airbnb Rental Income: $1412 Traditional Rental Income: $2318 Airbnb ROI: 0.14% Traditional ROI: 3.4%
1285 NW Bunker Hill Drive Waukee, IA Welcome to this beautifully landscaped 1.5-story home that combines comfort, convenience, ...	4 beds \| 3 baths \| 1,554 sq.ft.	$349,000	Airbnb cash on cash: 0.13% Traditional cash on cash: 5.08% Airbnb Rental Income: $1412 Traditional Rental Income: $2610 Airbnb ROI: 0.13% Traditional ROI: 5.08%
453 Spring Crest Lane Waukee, IA This darling two-story, 2-bedroom, 2 1/2-bath townhome has been meticulously maintained an...	2 beds \| 3 baths \| 1,445 sq.ft.	$238,000	Airbnb cash on cash: 1.34% Traditional cash on cash: 8.07% Airbnb Rental Income: $1558 Traditional Rental Income: $2624 Airbnb ROI: 1.34% Traditional ROI: 8.07%
747 NE Macey Way Waukee, IA Enjoy the perfect blend of convenience and comfort in this Waukee townhome! This bright, o...	3 beds \| 3 baths \| 1,444 sq.ft.	$234,400	Airbnb cash on cash: -0.39% Traditional cash on cash: 4.28% Airbnb Rental Income: $1127 Traditional Rental Income: $1785 Airbnb ROI: -0.39% Traditional ROI: 4.28%
834 SE Crabapple Drive Waukee, IA Welcome home to this rare and beautifully maintained 3-bedroom, 2-bathroom townhome offeri...	3 beds \| 3 baths \| 1,452 sq.ft.	$238,000	Airbnb cash on cash: -0.81% Traditional cash on cash: 5.26% Airbnb Rental Income: $1127 Traditional Rental Income: $2115 Airbnb ROI: -0.81% Traditional ROI: 5.26%
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 \| 3 baths \| 1,615 sq.ft.	$320,000	Airbnb cash on cash: 0.28% Traditional cash on cash: 5.78% Airbnb Rental Income: $1412 Traditional Rental Income: $2643 Airbnb ROI: 0.28% Traditional ROI: 5.78%
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.	$544,900	Airbnb cash on cash: 0.81% Traditional cash on cash: 2.73% Airbnb Rental Income: $2296 Traditional Rental Income: $2704 Airbnb ROI: 0.81% Traditional ROI: 2.73%
1247 NW Yorktown Drive Waukee, IA This newer two-story home shines with 3 bedrooms and 3 bathrooms, a desirable main-floor p...	3 beds \| 3 baths \| 1,531 sq.ft.	$284,750	Airbnb cash on cash: -0.57% Traditional cash on cash: 5.71% Airbnb Rental Income: $1127 Traditional Rental Income: $2435 Airbnb ROI: -0.57% Traditional ROI: 5.71%
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: -0.44% Traditional cash on cash: 4.57% Airbnb Rental Income: $1127 Traditional Rental Income: $2351 Airbnb ROI: -0.44% Traditional ROI: 4.57%
258 NW Georgetown Drive Waukee, IA Experience the perfect blend of space, style, and privacy in this stunning 2-story home fe...	5 beds \| 4 baths \| 1,924 sq.ft.	$475,000	Airbnb cash on cash: 1.18% Traditional cash on cash: 4.9% Airbnb Rental Income: $2296 Traditional Rental Income: $3378 Airbnb ROI: 1.18% Traditional ROI: 4.9%
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: -0.36% Traditional cash on cash: 3.27% Airbnb Rental Income: $1127 Traditional Rental Income: $1840 Airbnb ROI: -0.36% Traditional ROI: 3.27%
1333 SE University Avenue unit: 306 Waukee, IA Welcome home to this beautifully maintained top-floor condo offering low maintenance livin...	2 beds \| 2 baths \| 1,162 sq.ft.	$170,000	Airbnb cash on cash: 1.69% Traditional cash on cash: 6.08% Airbnb Rental Income: $1558 Traditional Rental Income: $1820 Airbnb ROI: 1.69% Traditional ROI: 6.08%
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: 0.01% Traditional cash on cash: 3.38% Airbnb Rental Income: $1412 Traditional Rental Income: $2324 Airbnb ROI: 0.01% Traditional ROI: 3.38%
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.	$530,000	Airbnb cash on cash: -0.71% Traditional cash on cash: 2.48% Airbnb Rental Income: $1412 Traditional Rental Income: $2565 Airbnb ROI: -0.71% Traditional ROI: 2.48%
2640 SE Bluestem Drive Waukee, IA Living in Kettlestone Ridge is all about connection, convenience, & community. Picture eve...	4 beds \| 3 baths \| 1,428 sq.ft.	$395,000	Airbnb cash on cash: -0.25% Traditional cash on cash: 3.41% Airbnb Rental Income: $1412 Traditional Rental Income: $2344 Airbnb ROI: -0.25% Traditional ROI: 3.41%
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.	$699,500	Airbnb cash on cash: -1.43% Traditional cash on cash: 1.94% Airbnb Rental Income: $1127 Traditional Rental Income: $2950 Airbnb ROI: -1.43% Traditional ROI: 1.94%
62 NW Pike Circle Waukee, IA NORTHWEST HS-TOPS in central IA! LIVE In Waukee's highly sought-after Prairie Rose communi...	3 beds \| 3 baths \| 1,566 sq.ft.	$400,000	Airbnb cash on cash: -0.75% Traditional cash on cash: 2.99% Airbnb Rental Income: $1127 Traditional Rental Income: $2153 Airbnb ROI: -0.75% Traditional ROI: 2.99%
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.	$299,000	Airbnb cash on cash: -1.06% Traditional cash on cash: 3.62% Airbnb Rental Income: $1127 Traditional Rental Income: $2069 Airbnb ROI: -1.06% Traditional ROI: 3.62%
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.	$375,000	Airbnb cash on cash: -0.75% Traditional cash on cash: 2.4% Airbnb Rental Income: $1127 Traditional Rental Income: $1857 Airbnb ROI: -0.75% Traditional ROI: 2.4%
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.	$424,900	Airbnb cash on cash: -0.17% Traditional cash on cash: 3.05% Airbnb Rental Income: $1412 Traditional Rental Income: $2269 Airbnb ROI: -0.17% Traditional ROI: 3.05%
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.	$344,990	Airbnb cash on cash: 0.21% Traditional cash on cash: 3.92% Airbnb Rental Income: $1412 Traditional Rental Income: $2190 Airbnb ROI: 0.21% Traditional ROI: 3.92%
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: -1.32% Traditional cash on cash: 1.19% Airbnb Rental Income: $2296 Traditional Rental Income: $4984 Airbnb ROI: -1.32% Traditional ROI: 1.19%
105 NW Ashley Court Waukee, IA Welcome to the Fairfield plan by View Homes located in Ashley Acres. This thoughtfully des...	4 beds \| 3 baths \| 1,637 sq.ft.	$475,000	Airbnb cash on cash: -0.59% Traditional cash on cash: 2.63% Airbnb Rental Income: $1412 Traditional Rental Income: $2419 Airbnb ROI: -0.59% Traditional ROI: 2.63%
435 NW Ryder Drive Waukee, IA Destiny Homes presents the Aria in Waukee's Indi Run! The Aria features 5 bedrooms, and ov...	5 beds \| 4 baths \| 2,629 sq.ft.	$494,500	Airbnb cash on cash: 0.91% Traditional cash on cash: 4.65% Airbnb Rental Income: $2296 Traditional Rental Income: $3453 Airbnb ROI: 0.91% Traditional ROI: 4.65%
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: -1.58% Traditional cash on cash: 1.43% Airbnb Rental Income: $1127 Traditional Rental Income: $2757 Airbnb ROI: -1.58% Traditional ROI: 1.43%
1465 NW Bull Run Court Waukee, IA Back on the market and better than ever - now with a finished lower level and four bedroom...	4 beds \| 3 baths \| 1,505 sq.ft.	$435,000	Airbnb cash on cash: -0.41% Traditional cash on cash: 2.7% Airbnb Rental Income: $1412 Traditional Rental Income: $2253 Airbnb ROI: -0.41% Traditional ROI: 2.7%
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: 0.82% Traditional cash on cash: 2.41% Airbnb Rental Income: $2296 Traditional Rental Income: $3131 Airbnb ROI: 0.82% Traditional ROI: 2.41%
1575 NW Parkside Lane Waukee, IA Welcome to Fox Valley - Where Modern Living Meets Ideal Location! This is the home you've ...	5 beds \| 3 baths \| 1,585 sq.ft.	$519,900	Airbnb cash on cash: 0.71% Traditional cash on cash: 2.35% Airbnb Rental Income: $2296 Traditional Rental Income: $2517 Airbnb ROI: 0.71% Traditional ROI: 2.35%
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: 0.37% Traditional cash on cash: 1.82% Airbnb Rental Income: $2296 Traditional Rental Income: $2522 Airbnb ROI: 0.37% Traditional ROI: 1.82%
645 NW Prairie Rose Lane Waukee, IA Welcome to Prairie Rose Lane in Waukee-a like-new Yuma Expanded ranch by Jerry's Homes, of...	3 beds \| 2 baths \| 1,573 sq.ft.	$395,000	Airbnb cash on cash: -0.83% Traditional cash on cash: 3.33% Airbnb Rental Income: $1127 Traditional Rental Income: $2292 Airbnb ROI: -0.83% Traditional ROI: 3.33%
35 NW Rolling Circle Waukee, IA Gentry Homes is proud to present this stunning Savoy ranch plan located in the Fox Valley ...	4 beds \| 3 baths \| 1,480 sq.ft.	$399,990	Airbnb cash on cash: -0.28% Traditional cash on cash: 3.85% Airbnb Rental Income: $1412 Traditional Rental Income: $2537 Airbnb ROI: -0.28% Traditional ROI: 3.85%
1395 NW Red Oak Drive Waukee, IA $10,000 for buyer credit towards BUYDOWN, LANDSCAPING, or extra upgrades throughout home. ...	5 beds \| 3 baths \| 1,735 sq.ft.	$615,000	Airbnb cash on cash: 1.81% Traditional cash on cash: 3.43% Airbnb Rental Income: $2296 Traditional Rental Income: $2653 Airbnb ROI: 1.81% Traditional ROI: 3.43%
975 11th Street Waukee, IA Carter Ranch Plan by Signature Homes in Prairie Village - Waukee! This beautiful ranch-sty...	3 beds \| 2 baths \| 1,453 sq.ft.	$389,900	Airbnb cash on cash: -0.79% Traditional cash on cash: 2.92% Airbnb Rental Income: $1127 Traditional Rental Income: $2107 Airbnb ROI: -0.79% Traditional ROI: 2.92%
1060 Gray Avenue Waukee, IA **Move in ready package! With an accepted offer through 3/31/26 all appliances and blinds ...	3 beds \| 2 baths \| 1,445 sq.ft.	$365,000	Airbnb cash on cash: -0.68% Traditional cash on cash: 3.47% Airbnb Rental Income: $1127 Traditional Rental Income: $2173 Airbnb ROI: -0.68% Traditional ROI: 3.47%
253 NW Waverly Drive Waukee, IA Signature Companies of Iowa presents the Whitfield Townhome a stylish two-story with 2 bed...	2 beds \| 2 baths \| 1,430 sq.ft.	$238,900	Airbnb cash on cash: 2.7% Traditional cash on cash: 8.06% Airbnb Rental Income: $1558 Traditional Rental Income: $2320 Airbnb ROI: 2.7% Traditional ROI: 8.06%

Real Estate investment in Waukee, IA

There are 268 properties for sale in the city of Waukee . The median list price in Waukee is $424,900 and the average price per square foot is $244. In March 2026, the average monthly cash on cash return in Waukee is 4.00%. The average monthly rental income in Waukee is $2,402.

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

There are 268 investment properties available for sale in Waukee.

In 2026, 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 $1,412.

Your search for investment property begins and ends here

Investment Property for Sale in Waukee, IA

1780 SE Olson Drive

Waukee, IA

5 beds | 4 baths | 2,587 sq.ft.

$590,000

Airbnb cash on cash: 0.66%

Traditional cash on cash: N/A

Airbnb Rental Income: $2296

Traditional Rental Income: $0

Airbnb ROI: 0.66%

Traditional ROI: N/A

1355 SE Waddell Way

Waukee, IA

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

$330,000

Airbnb cash on cash: -0.45%

Traditional cash on cash: 4.95%

Airbnb Rental Income: $1412

Traditional Rental Income: $2663

Airbnb ROI: -0.45%

Traditional ROI: 4.95%

561 10th Street

Waukee, IA

3 beds | 3 baths | 1,706 sq.ft.

$278,000

Airbnb cash on cash: -0.83%

Traditional cash on cash: 3.33%

Airbnb Rental Income: $1127

Traditional Rental Income: $1840

Airbnb ROI: -0.83%

Traditional ROI: 3.33%

885 Northview Drive

Waukee, IA

4 beds | 3 baths | 1,818 sq.ft.

$395,000

Airbnb cash on cash: -0.07%

Traditional cash on cash: 2.98%

Airbnb Rental Income: $1412

Traditional Rental Income: $2116

Airbnb ROI: -0.07%

Traditional ROI: 2.98%

1885 SE Florence Drive

Waukee, IA

4 beds | 3 baths | 1,572 sq.ft.

$340,000

Airbnb cash on cash: 0.22%

Traditional cash on cash: 3.95%

Airbnb Rental Income: $1412

Traditional Rental Income: $2179

Airbnb ROI: 0.22%

Traditional ROI: 3.95%

33551 335th Street

Waukee, IA

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

$435,000

Airbnb cash on cash: 0.14%

Traditional cash on cash: 3.4%

Airbnb Rental Income: $1412

Traditional Rental Income: $2318

Airbnb ROI: 0.14%

Traditional ROI: 3.4%

1285 NW Bunker Hill Drive

Waukee, IA

4 beds | 3 baths | 1,554 sq.ft.

$349,000

Airbnb cash on cash: 0.13%

Traditional cash on cash: 5.08%

Airbnb Rental Income: $1412

Traditional Rental Income: $2610

Airbnb ROI: 0.13%

Traditional ROI: 5.08%

453 Spring Crest Lane

Waukee, IA

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

$238,000

Airbnb cash on cash: 1.34%

Traditional cash on cash: 8.07%

Airbnb Rental Income: $1558

Traditional Rental Income: $2624

Airbnb ROI: 1.34%