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
1995 SE Oxford Drive Waukee, IA Welcome home to this beautifully maintained 3-bedroom, 3-bathroom two-story home offering ...	3 beds \| 3 baths \| 1,311 sq.ft.	$384,900	Airbnb cash on cash: 2.08% Traditional cash on cash: 3.03% Airbnb Rental Income: $2247 Traditional Rental Income: $2025 Airbnb ROI: 2.08% Traditional ROI: 3.03%
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: 0.55% Traditional cash on cash: 3.54% Airbnb Rental Income: $2150 Traditional Rental Income: $3189 Airbnb ROI: 0.55% 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: 1.23% Traditional cash on cash: 2.71% Airbnb Rental Income: $2150 Traditional Rental Income: $2203 Airbnb ROI: 1.23% Traditional ROI: 2.71%
40 Northview Drive Waukee, IA Fully updated 2-bed, 1 bath home in the heart of Waukee! The big-ticket items are already ...	2 beds \| 1 baths \| 888 sq.ft.	$279,000	Airbnb cash on cash: 1.29% Traditional cash on cash: 3.28% Airbnb Rental Income: $1405 Traditional Rental Income: $1505 Airbnb ROI: 1.29% Traditional ROI: 3.28%
597 Spring Crest Lane Waukee, IA Welcome to this beautifully maintained townhome in the heart of Waukee, featuring vaulted ...	2 beds \| 3 baths \| 1,445 sq.ft.	$267,500	Airbnb cash on cash: 0.37% Traditional cash on cash: 4.03% Airbnb Rental Income: $1405 Traditional Rental Income: $1906 Airbnb ROI: 0.37% Traditional ROI: 4.03%
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: -0.03% Traditional cash on cash: 2.35% Airbnb Rental Income: $2150 Traditional Rental Income: $3002 Airbnb ROI: -0.03% Traditional ROI: 2.35%
225 SE Booth Avenue Waukee, IA Check out this updated end unit townhome in a prime location in Waukee. This home features...	3 beds \| 3 baths \| 1,600 sq.ft.	$255,000	Airbnb cash on cash: 3.26% Traditional cash on cash: 5.02% Airbnb Rental Income: $2247 Traditional Rental Income: $2109 Airbnb ROI: 3.26% Traditional ROI: 5.02%
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: 3.27% Traditional cash on cash: 6.11% Airbnb Rental Income: $2247 Traditional Rental Income: $2418 Airbnb ROI: 3.27% Traditional ROI: 6.11%
541 10th Street Waukee, IA Welcome to this awesome two-story 2 bedroom and 4 bath Waukee townhome! Stepping in you ar...	2 beds \| 4 baths \| 1,445 sq.ft.	$279,900	Airbnb cash on cash: 0.1% Traditional cash on cash: 5.75% Airbnb Rental Income: $1405 Traditional Rental Income: $2471 Airbnb ROI: 0.1% Traditional ROI: 5.75%
875 9th Street Waukee, IA Like-new 3-bedroom, 2-bath ranch home in a highly desirable Waukee location, just steps fr...	3 beds \| 2 baths \| 1,510 sq.ft.	$379,000	Airbnb cash on cash: 1.88% Traditional cash on cash: 3.12% Airbnb Rental Income: $2247 Traditional Rental Income: $2124 Airbnb ROI: 1.88% Traditional ROI: 3.12%
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.	$565,000	Airbnb cash on cash: 2.17% Traditional cash on cash: 3.5% Airbnb Rental Income: $3296 Traditional Rental Income: $3256 Airbnb ROI: 2.17% Traditional ROI: 3.5%
595 SE Whitetail Lane Waukee, IA Move-in ready and ideally located in the heart of Waukee, this beautifully updated home of...	4 beds \| 3 baths \| 2,224 sq.ft.	$494,900	Airbnb cash on cash: 1.04% Traditional cash on cash: 3.44% Airbnb Rental Income: $2150 Traditional Rental Income: $2714 Airbnb ROI: 1.04% Traditional ROI: 3.44%
505 10th Street Waukee, IA Welcome home to this well-maintained 2-story townhome in a prime Waukee location! A dramat...	3 beds \| 4 baths \| 1,445 sq.ft.	$289,900	Airbnb cash on cash: 2.93% Traditional cash on cash: 3.8% Airbnb Rental Income: $2247 Traditional Rental Income: $1921 Airbnb ROI: 2.93% Traditional ROI: 3.8%
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.	$239,500	Airbnb cash on cash: 0.89% Traditional cash on cash: 6.9% Airbnb Rental Income: $1405 Traditional Rental Income: $2343 Airbnb ROI: 0.89% Traditional ROI: 6.9%
1365 SE Parkview Crossing Drive Waukee, IA Welcome to easy living in the heart of Waukee! This stylish 2021 Destiny-built two-story h...	4 beds \| 3 baths \| 1,615 sq.ft.	$310,000	Airbnb cash on cash: 2.42% Traditional cash on cash: 5.99% Airbnb Rental Income: $2150 Traditional Rental Income: $2643 Airbnb ROI: 2.42% Traditional ROI: 5.99%
820 SE Booth Avenue Waukee, IA Meticulously maintained 4 bedroom ranch in a prime Waukee location with 2x6 construction! ...	4 beds \| 3 baths \| 1,449 sq.ft.	$389,900	Airbnb cash on cash: 1.42% Traditional cash on cash: 3.66% Airbnb Rental Income: $2150 Traditional Rental Income: $2422 Airbnb ROI: 1.42% Traditional ROI: 3.66%
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: 2.39% Traditional cash on cash: 7.43% Airbnb Rental Income: $1405 Traditional Rental Income: $1705 Airbnb ROI: 2.39% 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.	$409,900	Airbnb cash on cash: 1.56% Traditional cash on cash: 5.26% Airbnb Rental Income: $2150 Traditional Rental Income: $3024 Airbnb ROI: 1.56% Traditional ROI: 5.26%
1345 SE Florence Drive #405 Waukee, IA Ground-level condo backs to a pond and is walking distance from Waukee schools, parks and ...	2 beds \| 2 baths \| 968 sq.ft.	$147,900	Airbnb cash on cash: 1.88% Traditional cash on cash: 8.41% Airbnb Rental Income: $1405 Traditional Rental Income: $1906 Airbnb ROI: 1.88% Traditional ROI: 8.41%
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.	$419,900	Airbnb cash on cash: 1.59% Traditional cash on cash: 3.42% Airbnb Rental Income: $2150 Traditional Rental Income: $2324 Airbnb ROI: 1.59% Traditional ROI: 3.42%
847 SE Williams Court Waukee, IA Discover your dream home in this stunning 3-bedroom, 3.5-bath townhouse, boasting over 2,3...	3 beds \| 4 baths \| 1,538 sq.ft.	$299,900	Airbnb cash on cash: 2.28% Traditional cash on cash: 4.21% Airbnb Rental Income: $2247 Traditional Rental Income: $2228 Airbnb ROI: 2.28% Traditional ROI: 4.21%
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: 1.04% Traditional cash on cash: 0.54% Airbnb Rental Income: $3296 Traditional Rental Income: $2221 Airbnb ROI: 1.04% Traditional ROI: 0.54%
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: 1.44% Traditional cash on cash: 4.22% Airbnb Rental Income: $2150 Traditional Rental Income: $2606 Airbnb ROI: 1.44% 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: 0.05% Traditional cash on cash: 2.09% Airbnb Rental Income: $2247 Traditional Rental Income: $2950 Airbnb ROI: 0.05% 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: 1.56% Traditional cash on cash: 2.87% Airbnb Rental Income: $2247 Traditional Rental Income: $2197 Airbnb ROI: 1.56% Traditional ROI: 2.87%
732 SE Williams Court Waukee, IA Enjoy carefree living in one of Waukee's most desirable locations, Williams Point! This be...	2 beds \| 3 baths \| 1,338 sq.ft.	$264,900	Airbnb cash on cash: 0.2% Traditional cash on cash: 3.55% Airbnb Rental Income: $1405 Traditional Rental Income: $1820 Airbnb ROI: 0.2% 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.	$445,000	Airbnb cash on cash: 1.03% Traditional cash on cash: 2.46% Airbnb Rental Income: $2150 Traditional Rental Income: $2198 Airbnb ROI: 1.03% Traditional ROI: 2.46%
263 SE Booth Avenue Waukee, IA This updated 3-story townhome offers nearly 1,900 sq ft of finished space and low-maintena...	3 beds \| 3 baths \| 1,600 sq.ft.	$250,000	Airbnb cash on cash: 3.31% Traditional cash on cash: 3.81% Airbnb Rental Income: $2247 Traditional Rental Income: $1803 Airbnb ROI: 3.31% Traditional ROI: 3.81%
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: -0.31% Traditional cash on cash: 2.01% Airbnb Rental Income: $2150 Traditional Rental Income: $3063 Airbnb ROI: -0.31% Traditional ROI: 2.01%
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: -0.68% Traditional cash on cash: 1.19% Airbnb Rental Income: $3296 Traditional Rental Income: $4984 Airbnb ROI: -0.68% Traditional ROI: 1.19%
995 8th Street Waukee, IA Stop paying HOA fees and come see 995 8th Street in Waukee, a thoughtfully designed home t...	3 beds \| 2 baths \| 1,741 sq.ft.	$349,900	Airbnb cash on cash: 2.11% Traditional cash on cash: 2.82% Airbnb Rental Income: $2247 Traditional Rental Income: $1916 Airbnb ROI: 2.11% Traditional ROI: 2.82%
350 SE Westgate Drive Waukee, IA Step into this beautiful preinspected 4-bedroom, 3-bath split-level home designed with spa...	4 beds \| 3 baths \| 1,374 sq.ft.	$319,900	Airbnb cash on cash: 2.53% Traditional cash on cash: 4.6% Airbnb Rental Income: $2150 Traditional Rental Income: $2227 Airbnb ROI: 2.53% Traditional ROI: 4.6%
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: 0.45% Traditional cash on cash: 5.01% Airbnb Rental Income: $1405 Traditional Rental Income: $1904 Airbnb ROI: 0.45% 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: -0.18% Traditional cash on cash: 1.43% Airbnb Rental Income: $2247 Traditional Rental Income: $2757 Airbnb ROI: -0.18% 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: 1.77% Traditional cash on cash: 2.41% Airbnb Rental Income: $3296 Traditional Rental Income: $3131 Airbnb ROI: 1.77% 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: 1.89% Traditional cash on cash: 1.82% Airbnb Rental Income: $3296 Traditional Rental Income: $2522 Airbnb ROI: 1.89% Traditional ROI: 1.82%
1080 3rd Street Waukee, IA Welcome to this beautiful and hard-to-find 1.5-story home in an established Waukee neighbo...	4 beds \| 3 baths \| 1,647 sq.ft.	$345,000	Airbnb cash on cash: 2.26% Traditional cash on cash: 4.54% Airbnb Rental Income: $2150 Traditional Rental Income: $2339 Airbnb ROI: 2.26% Traditional ROI: 4.54%
1395 NW Red Oak Drive Waukee, IA Located in the desirable Ashley Acres development in the heart of Waukee, this open layout...	5 beds \| 3 baths \| 1,735 sq.ft.	$600,000	Airbnb cash on cash: 3.37% Traditional cash on cash: 3.54% Airbnb Rental Income: $3296 Traditional Rental Income: $2653 Airbnb ROI: 3.37% Traditional ROI: 3.54%
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: 2.14% Traditional cash on cash: 8.06% Airbnb Rental Income: $1405 Traditional Rental Income: $2320 Airbnb ROI: 2.14% Traditional ROI: 8.06%

Real Estate investment in Waukee, IA

There are 316 properties for sale in the city of Waukee . The median list price in Waukee is $368,524 and the average price per square foot is $206. In July 2026, the average monthly cash on cash return in Waukee is 4.00%. The average monthly rental income in Waukee is $2,487.

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

There are 316 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 $2,487.

Your search for investment property begins and ends here

Investment Property for Sale in Waukee, IA

1995 SE Oxford Drive

Waukee, IA

3 beds | 3 baths | 1,311 sq.ft.

$384,900

Airbnb cash on cash: 2.08%

Traditional cash on cash: 3.03%

Airbnb Rental Income: $2247

Traditional Rental Income: $2025

Airbnb ROI: 2.08%

Traditional ROI: 3.03%

555 NE Bellflower Court

Waukee, IA

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

$569,000

Airbnb cash on cash: 0.55%

Traditional cash on cash: 3.54%

Airbnb Rental Income: $2150

Traditional Rental Income: $3189

Airbnb ROI: 0.55%

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: 1.23%

Traditional cash on cash: 2.71%

Airbnb Rental Income: $2150

Traditional Rental Income: $2203

Airbnb ROI: 1.23%

Traditional ROI: 2.71%

40 Northview Drive

Waukee, IA

2 beds | 1 baths | 888 sq.ft.

$279,000

Airbnb cash on cash: 1.29%

Traditional cash on cash: 3.28%

Airbnb Rental Income: $1405

Traditional Rental Income: $1505

Airbnb ROI: 1.29%

Traditional ROI: 3.28%

597 Spring Crest Lane

Waukee, IA

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

$267,500

Airbnb cash on cash: 0.37%

Traditional cash on cash: 4.03%

Airbnb Rental Income: $1405

Traditional Rental Income: $1906

Airbnb ROI: 0.37%

Traditional ROI: 4.03%

3910 Wildwood Court

Waukee, IA

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

$629,900

Airbnb cash on cash: -0.03%

Traditional cash on cash: 2.35%

Airbnb Rental Income: $2150

Traditional Rental Income: $3002

Airbnb ROI: -0.03%

Traditional ROI: 2.35%

225 SE Booth Avenue

Waukee, IA

3 beds | 3 baths | 1,600 sq.ft.

$255,000

Airbnb cash on cash: 3.26%

Traditional cash on cash: 5.02%

Airbnb Rental Income: $2247

Traditional Rental Income: $2109

Airbnb ROI: 3.26%

Traditional ROI: 5.02%

565 10th Street

Waukee, IA

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

$274,900

Airbnb cash on cash: 3.27%

Traditional cash on cash: 6.11%

Airbnb Rental Income: $2247

Traditional Rental Income: $2418

Airbnb ROI: 3.27%