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
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.	$389,900	Airbnb cash on cash: 0.03% Traditional cash on cash: 4.39% Airbnb Rental Income: $1412 Traditional Rental Income: $2583 Airbnb ROI: 0.03% Traditional ROI: 4.39%
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.	$485,000	Airbnb cash on cash: 0.02% Traditional cash on cash: 2.95% Airbnb Rental Income: $1412 Traditional Rental Income: $2318 Airbnb ROI: 0.02% Traditional ROI: 2.95%
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.	$285,000	Airbnb cash on cash: 0.3% Traditional cash on cash: 6.47% Airbnb Rental Income: $1412 Traditional Rental Income: $2642 Airbnb ROI: 0.3% Traditional ROI: 6.47%
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: 0.16% Traditional cash on cash: 6.05% Airbnb Rental Income: $1412 Traditional Rental Income: $2649 Airbnb ROI: 0.16% Traditional ROI: 6.05%
1525 S Warrior Lane Waukee, IA Discover incredible value and effortless living in this beautifully maintained 4-bedroom r...	4 beds \| 3 baths \| 1,409 sq.ft.	$379,500	Airbnb cash on cash: 0.01% Traditional cash on cash: 3.57% Airbnb Rental Income: $1412 Traditional Rental Income: $2255 Airbnb ROI: 0.01% Traditional ROI: 3.57%
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.	$373,900	Airbnb cash on cash: 0.06% Traditional cash on cash: 4.54% Airbnb Rental Income: $1412 Traditional Rental Income: $2558 Airbnb ROI: 0.06% Traditional ROI: 4.54%
930 9th Street Waukee, IA This beautiful four-bedroom ranch offers 2,592 sq ft of finished living space with 4 bedro...	4 beds \| 3 baths \| 1,372 sq.ft.	$425,000	Airbnb cash on cash: -0.3% Traditional cash on cash: 3.21% Airbnb Rental Income: $1412 Traditional Rental Income: $2386 Airbnb ROI: -0.3% Traditional ROI: 3.21%
747 NE Macey Way Waukee, IA Bright, open, and full of warmth, this 3-bedroom, 2.5-bath, 2-story townhouse is ready for...	3 beds \| 3 baths \| 1,444 sq.ft.	$240,000	Airbnb cash on cash: -0.35% Traditional cash on cash: 4.21% Airbnb Rental Income: $1127 Traditional Rental Income: $1785 Airbnb ROI: -0.35% Traditional ROI: 4.21%
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.	$330,000	Airbnb cash on cash: 0.24% Traditional cash on cash: 5.58% Airbnb Rental Income: $1412 Traditional Rental Income: $2643 Airbnb ROI: 0.24% Traditional ROI: 5.58%
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: 0.79% Traditional cash on cash: 2.7% Airbnb Rental Income: $2296 Traditional Rental Income: $2704 Airbnb ROI: 0.79% Traditional ROI: 2.7%
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.	$330,000	Airbnb cash on cash: -0.28% Traditional cash on cash: 4.24% Airbnb Rental Income: $1127 Traditional Rental Income: $2153 Airbnb ROI: -0.28% Traditional ROI: 4.24%
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.	$382,500	Airbnb cash on cash: -0.07% Traditional cash on cash: 3.6% Airbnb Rental Income: $1412 Traditional Rental Income: $2306 Airbnb ROI: -0.07% Traditional ROI: 3.6%
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: -0.15% Traditional cash on cash: 3.35% Airbnb Rental Income: $1412 Traditional Rental Income: $2329 Airbnb ROI: -0.15% Traditional ROI: 3.35%
1208 NW Yorktown Drive Waukee, IA Say goodbye to electric bills forever. This home includes a top-of-the-line, paid-in-full ...	3 beds \| 3 baths \| 1,231 sq.ft.	$379,000	Airbnb cash on cash: -0.61% Traditional cash on cash: 3.74% Airbnb Rental Income: $1127 Traditional Rental Income: $2295 Airbnb ROI: -0.61% Traditional ROI: 3.74%
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% Traditional cash on cash: 3.33% Airbnb Rental Income: $1412 Traditional Rental Income: $2324 Airbnb ROI: 0% Traditional ROI: 3.33%
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.	$409,900	Airbnb cash on cash: -0.31% Traditional cash on cash: 3.43% Airbnb Rental Income: $1412 Traditional Rental Income: $2426 Airbnb ROI: -0.31% Traditional ROI: 3.43%
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%
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.	$260,000	Airbnb cash on cash: 0.35% Traditional cash on cash: 3.58% Airbnb Rental Income: $1127 Traditional Rental Income: $1544 Airbnb ROI: 0.35% Traditional ROI: 3.58%
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.	$426,500	Airbnb cash on cash: -0.17% Traditional cash on cash: 3.03% Airbnb Rental Income: $1412 Traditional Rental Income: $2269 Airbnb ROI: -0.17% Traditional ROI: 3.03%
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.	$348,900	Airbnb cash on cash: 0.2% Traditional cash on cash: 3.87% Airbnb Rental Income: $1412 Traditional Rental Income: $2190 Airbnb ROI: 0.2% Traditional ROI: 3.87%
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: -1.21% Traditional cash on cash: 1.97% Airbnb Rental Income: $1412 Traditional Rental Income: $3063 Airbnb ROI: -1.21% 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: -1.22% Traditional cash on cash: 0.53% Airbnb Rental Income: $1412 Traditional Rental Income: $2860 Airbnb ROI: -1.22% Traditional ROI: 0.53%
917 Maywood Lane Waukee, IA **Bedroom and living room furniture can be included at no cost with a full-price offer! ...	3 beds \| 3 baths \| 1,631 sq.ft.	$252,000	Airbnb cash on cash: -0.79% Traditional cash on cash: 4.94% Airbnb Rental Income: $1127 Traditional Rental Income: $2113 Airbnb ROI: -0.79% Traditional ROI: 4.94%
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%
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.	$465,000	Airbnb cash on cash: -0.53% Traditional cash on cash: 2.51% Airbnb Rental Income: $1412 Traditional Rental Income: $2310 Airbnb ROI: -0.53% Traditional ROI: 2.51%
3820 Fieldstone Drive Waukee, IA New Price + $10,000 builder incentive for buyers to use how they want with an offer accept...	5 beds \| 3 baths \| 1,857 sq.ft.	$618,900	Airbnb cash on cash: 0.52% Traditional cash on cash: 2.05% Airbnb Rental Income: $2296 Traditional Rental Income: $2605 Airbnb ROI: 0.52% Traditional ROI: 2.05%
3815 Fieldstone Drive Waukee, IA New Price + $10,000 builder incentive for buyers to use how they want with an offer accept...	4 beds \| 3 baths \| 1,764 sq.ft.	$613,900	Airbnb cash on cash: -1.21% Traditional cash on cash: 1.36% Airbnb Rental Income: $1412 Traditional Rental Income: $2462 Airbnb ROI: -1.21% Traditional ROI: 1.36%
105 NW Ashley Court Waukee, IA Welcome to Ashley Acres - Discover the Fairfield Ranch by View Homes! Step into comfort an...	4 beds \| 3 baths \| 1,637 sq.ft.	$479,900	Airbnb cash on cash: -0.59% Traditional cash on cash: 2.59% Airbnb Rental Income: $1412 Traditional Rental Income: $2419 Airbnb ROI: -0.59% Traditional ROI: 2.59%
785 Canterbury Circle Waukee, IA Nestled in the desirable Hamilton Ridge neighborhood, surrounded by trees and a creek, thi...	4 beds \| 3 baths \| 2,201 sq.ft.	$1,200,000	Airbnb cash on cash: -0.51% Traditional cash on cash: 0.83% Airbnb Rental Income: $1412 Traditional Rental Income: $2483 Airbnb ROI: -0.51% Traditional ROI: 0.83%
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: 0.92% Traditional cash on cash: 4.66% Airbnb Rental Income: $2296 Traditional Rental Income: $3453 Airbnb ROI: 0.92% Traditional ROI: 4.66%
90 NW Ashley Court Waukee, IA **Write an offer before 12/31/25 and have the lower level finish included at no extra cost...	5 beds \| 5 baths \| 2,402 sq.ft.	$514,900	Airbnb cash on cash: 0.8% Traditional cash on cash: 3.16% Airbnb Rental Income: $2296 Traditional Rental Income: $2857 Airbnb ROI: 0.8% Traditional ROI: 3.16%
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 Experience quality craftsmanship in the Birmingham plan by Greenland Homes. This open floo...	4 beds \| 3 baths \| 1,505 sq.ft.	$435,000	Airbnb cash on cash: -0.4% Traditional cash on cash: 2.7% Airbnb Rental Income: $1412 Traditional Rental Income: $2253 Airbnb ROI: -0.4% Traditional ROI: 2.7%
805 Canterbury Circle Waukee, IA WOOHOO!!! You asked and here it is, pocket office overlooking backyard in this Spectacular...	5 beds \| 4 baths \| 2,022 sq.ft.	$964,900	Airbnb cash on cash: 0.8% Traditional cash on cash: 2.36% Airbnb Rental Income: $2296 Traditional Rental Income: $3131 Airbnb ROI: 0.8% Traditional ROI: 2.36%
2740 SE Florence Drive Waukee, IA Come take a look at this beautiful Allendale Plan from Jerry's Homes in Waukee's Kettlesto...	3 beds \| 2 baths \| 1,800 sq.ft.	$489,990	Airbnb cash on cash: -1.15% Traditional cash on cash: 1.76% Airbnb Rental Income: $1127 Traditional Rental Income: $2086 Airbnb ROI: -1.15% Traditional ROI: 1.76%
525 NW Rosemont Drive Waukee, IA NEW PRICE - PRICED TO SELL! Backs to trees. Walkout lower level. Oversized yard. This home...	4 beds \| 3 baths \| 1,701 sq.ft.	$375,000	Airbnb cash on cash: -0.07% Traditional cash on cash: 4.24% Airbnb Rental Income: $1412 Traditional Rental Income: $2501 Airbnb ROI: -0.07% Traditional ROI: 4.24%
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.	$404,999	Airbnb cash on cash: -0.31% Traditional cash on cash: 3.77% Airbnb Rental Income: $1412 Traditional Rental Income: $2537 Airbnb ROI: -0.31% Traditional ROI: 3.77%

Real Estate investment in Waukee, IA

There are 283 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 $246. In December 2025, the average monthly cash on cash return in Waukee is 4.00%. The average monthly rental income in Waukee is $2,512.

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

There are 283 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 $1,412.

Your search for investment property begins and ends here

Investment Property for Sale in Waukee, IA

20 NE Badger Lane

Waukee, IA

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

$389,900

Airbnb cash on cash: 0.03%

Traditional cash on cash: 4.39%

Airbnb Rental Income: $1412

Traditional Rental Income: $2583

Airbnb ROI: 0.03%

Traditional ROI: 4.39%

33551 335th Street

Waukee, IA

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

$485,000

Airbnb cash on cash: 0.02%

Traditional cash on cash: 2.95%

Airbnb Rental Income: $1412

Traditional Rental Income: $2318

Airbnb ROI: 0.02%

Traditional ROI: 2.95%

545 10th Street

Waukee, IA

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

$285,000

Airbnb cash on cash: 0.3%

Traditional cash on cash: 6.47%

Airbnb Rental Income: $1412

Traditional Rental Income: $2642

Airbnb ROI: 0.3%

Traditional ROI: 6.47%

533 Spring Crest Lane

Waukee, IA

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

$299,400

Airbnb cash on cash: 0.16%

Traditional cash on cash: 6.05%

Airbnb Rental Income: $1412

Traditional Rental Income: $2649

Airbnb ROI: 0.16%

Traditional ROI: 6.05%

1525 S Warrior Lane

Waukee, IA

4 beds | 3 baths | 1,409 sq.ft.

$379,500

Airbnb cash on cash: 0.01%

Traditional cash on cash: 3.57%

Airbnb Rental Income: $1412

Traditional Rental Income: $2255

Airbnb ROI: 0.01%

Traditional ROI: 3.57%

625 Gray Avenue

Waukee, IA

4 beds | 3 baths | 1,720 sq.ft.

$373,900

Airbnb cash on cash: 0.06%

Traditional cash on cash: 4.54%

Airbnb Rental Income: $1412

Traditional Rental Income: $2558

Airbnb ROI: 0.06%

Traditional ROI: 4.54%

930 9th Street

Waukee, IA

4 beds | 3 baths | 1,372 sq.ft.

$425,000

Airbnb cash on cash: -0.3%

Traditional cash on cash: 3.21%

Airbnb Rental Income: $1412

Traditional Rental Income: $2386

Airbnb ROI: -0.3%

Traditional ROI: 3.21%

747 NE Macey Way

Waukee, IA

3 beds | 3 baths | 1,444 sq.ft.

$240,000

Airbnb cash on cash: -0.35%

Traditional cash on cash: 4.21%

Airbnb Rental Income: $1127

Traditional Rental Income: $1785

Airbnb ROI: -0.35%