Real Estate Investment Properties for Sale in Waverly, IA

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1545 Knight Ave Waverly, IA	2 beds \| 2 baths \| 1,900 sq.ft.	$419,900	Airbnb cash on cash: -0.72% Traditional cash on cash: 2.3% Airbnb Rental Income: $1204 Traditional Rental Income: $2004 Airbnb ROI: -0.72% Traditional ROI: 2.3%
1300 SW 2nd Ave Waverly, IA 1300 2nd Ave SW offers 1839 square feet of well planned living space with three bedrooms a...	3 beds \| 2 baths \| 2,329 sq.ft.	$254,900	Airbnb cash on cash: 0.59% Traditional cash on cash: 10.13% Airbnb Rental Income: $1204 Traditional Rental Income: $3110 Airbnb ROI: 0.59% Traditional ROI: 10.13%
104 Maple Circle Waverly, IA Situated on a private cul-de-sac , this 2 story home boasts 5 bedrooms and 3.5 baths with ...	5 beds \| 4 baths \| 3,389 sq.ft.	$439,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.94% Airbnb Rental Income: $null Traditional Rental Income: $3987 Airbnb ROI: N/A Traditional ROI: 6.94%
303 NW 3rd St Waverly, IA Prime Investment Alert!! Nestled on a quiet street moments from local shops, dining, and...	4 beds \| N/A baths \| 840 sq.ft.	$183,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.86% Airbnb Rental Income: $null Traditional Rental Income: $1566 Airbnb ROI: N/A Traditional ROI: 5.86%
2304 NW 3rd Avenue Waverly, IA This spacious home features four bedrooms and a full bathroom on the main level, along wit...	5 beds \| 2 baths \| 2,006 sq.ft.	$270,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.36% Airbnb Rental Income: $null Traditional Rental Income: $2853 Airbnb ROI: N/A Traditional ROI: 8.36%
2425 Bishop Ave Waverly, IA It doesn't get more picturesque than this! This 28.47 acre property and 2006 Craftsman sty...	4 beds \| 3 baths \| 3,188 sq.ft.	$799,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.55% Airbnb Rental Income: $null Traditional Rental Income: $3583 Airbnb ROI: N/A Traditional ROI: 2.55%
1210 Rock Ridge Cir Waverly, IA 1210 Rock Ridge Cir, Waverly, IA 50677 \| Single Family Residential	3 beds \| 3 baths \| 2,040 sq.ft.	$324,305	Airbnb cash on cash: -0.21% Traditional cash on cash: 5.59% Airbnb Rental Income: $1204 Traditional Rental Income: $2585 Airbnb ROI: -0.21% Traditional ROI: 5.59%
901 SE 29th Ave Waverly, IA 901 SE 29th Ave, Waverly, IA 50677 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$179,000	Airbnb cash on cash: 1.09% Traditional cash on cash: 3.02% Airbnb Rental Income: $1080 Traditional Rental Income: $1041 Airbnb ROI: 1.09% Traditional ROI: 3.02%
1109 Copper Ter Waverly, IA 1109 Copper Ter, Waverly, IA 50677 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$72,000	Airbnb cash on cash: 6.16% Traditional cash on cash: 10.79% Airbnb Rental Income: $1080 Traditional Rental Income: $1041 Airbnb ROI: 6.16% Traditional ROI: 10.79%
509 Tumbleweed Trl Waverly, IA 509 Tumbleweed Trl, Waverly, IA 50677 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$68,000	Airbnb cash on cash: 6.64% Traditional cash on cash: 11.52% Airbnb Rental Income: $1080 Traditional Rental Income: $1041 Airbnb ROI: 6.64% Traditional ROI: 11.52%
1019 NE 2nd Ave Waverly, IA EXPERIENCE THE VILLAS AT MAPLE HILLS-- A Fresh Chapter Begins at Maple Hills - Where Luxur...	2 beds \| 2 baths \| 2,968 sq.ft.	$447,000	Airbnb cash on cash: -1.72% Traditional cash on cash: 3.26% Airbnb Rental Income: $991 Traditional Rental Income: $2722 Airbnb ROI: -1.72% Traditional ROI: 3.26%
1202 Rock Ridge Cir Waverly, IA 1202 Rock Ridge Cir, Waverly, IA 50677 \| Single Family Residential	4 beds \| 3 baths \| 2,257 sq.ft.	$337,663	Airbnb cash on cash: N/A Traditional cash on cash: 6.76% Airbnb Rental Income: $null Traditional Rental Income: $3057 Airbnb ROI: N/A Traditional ROI: 6.76%
1204 Rock Ridge Cir Waverly, IA 1204 Rock Ridge Cir, Waverly, IA 50677 \| Single Family Residential	2 beds \| 2 baths \| 1,314 sq.ft.	$300,412	Airbnb cash on cash: -0.66% Traditional cash on cash: 3.11% Airbnb Rental Income: $991 Traditional Rental Income: $1702 Airbnb ROI: -0.66% Traditional ROI: 3.11%
1214 Rock Ridge Cir Waverly, IA 1214 Rock Ridge Cir, Waverly, IA 50677 \| Single Family Residential	2 beds \| 2 baths \| 1,314 sq.ft.	$307,892	Airbnb cash on cash: -0.71% Traditional cash on cash: 2.97% Airbnb Rental Income: $991 Traditional Rental Income: $1702 Airbnb ROI: -0.71% Traditional ROI: 2.97%
1208 Rock Ridge Cir Waverly, IA 1208 Rock Ridge Cir, Waverly, IA 50677 \| Single Family Residential	2 beds \| 2 baths \| 1,216 sq.ft.	$289,900	Airbnb cash on cash: -0.59% Traditional cash on cash: 3.05% Airbnb Rental Income: $991 Traditional Rental Income: $1631 Airbnb ROI: -0.59% Traditional ROI: 3.05%
1216 Rock Ridge Cir Waverly, IA 1216 Rock Ridge Cir, Waverly, IA 50677 \| Single Family Residential	4 beds \| 3 baths \| 2,257 sq.ft.	$344,628	Airbnb cash on cash: N/A Traditional cash on cash: 5.43% Airbnb Rental Income: $null Traditional Rental Income: $2688 Airbnb ROI: N/A Traditional ROI: 5.43%
1508 Hickory Heights Dr Waverly, IA 1508 Hickory Heights Dr, Waverly, IA 50677 \| Single Family Residential	4 beds \| 3 baths \| 2,700 sq.ft.	$365,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.76% Airbnb Rental Income: $null Traditional Rental Income: $2943 Airbnb ROI: N/A Traditional ROI: 5.76%
TBD 16th St SW Waverly, IA TBD, Waverly, IA 50677 \| Other	N/A beds \| N/A baths \| N/A	$1,200,500	Airbnb cash on cash: -2.01% Traditional cash on cash: -1.96% Airbnb Rental Income: $1080 Traditional Rental Income: $769 Airbnb ROI: -2.01% Traditional ROI: -1.96%
207 Deerfield Cir #Whitetail Bluff Lot 4 Waverly, IA 207 Deerfield Cir #Whitetail Bluff Lot 4, Waverly, IA 50677 \| Other	N/A beds \| N/A baths \| N/A	$105,900	Airbnb cash on cash: 3.49% Traditional cash on cash: 4.05% Airbnb Rental Income: $1080 Traditional Rental Income: $769 Airbnb ROI: 3.49% Traditional ROI: 4.05%
106 Deerfield Cir #Whitetail Bluff Lot 14 Waverly, IA 106 Deerfield Cir #Whitetail Bluff Lot 14, Waverly, IA 50677 \| Other	N/A beds \| N/A baths \| N/A	$149,900	Airbnb cash on cash: 1.77% Traditional cash on cash: 2.18% Airbnb Rental Income: $1080 Traditional Rental Income: $769 Airbnb ROI: 1.77% Traditional ROI: 2.18%
1111 Fawn Holw #Whitetail Bluff Lot 3 Waverly, IA 1111 Fawn Holw #Whitetail Bluff Lot 3, Waverly, IA 50677 \| Other	N/A beds \| N/A baths \| N/A	$59,000	Airbnb cash on cash: 7.93% Traditional cash on cash: 8.94% Airbnb Rental Income: $1080 Traditional Rental Income: $771 Airbnb ROI: 7.93% Traditional ROI: 8.94%
Bluestem Plan Waverly, IA	2 beds \| 2 baths \| 1,800 sq.ft.	$410,000	Airbnb cash on cash: -0.95% Traditional cash on cash: 2.25% Airbnb Rental Income: $1080 Traditional Rental Income: $1938 Airbnb ROI: -0.95% Traditional ROI: 2.25%
110 Deerfield Cir #Whitetail Bluff Lot 13 Waverly, IA 110 Deerfield Cir #Whitetail Bluff Lot 13, Waverly, IA 50677 \| Other	N/A beds \| N/A baths \| N/A	$149,900	Airbnb cash on cash: 1.77% Traditional cash on cash: 2.18% Airbnb Rental Income: $1080 Traditional Rental Income: $769 Airbnb ROI: 1.77% Traditional ROI: 2.18%
102 Deerfield Cir #Whitetail Bluff Lot 15 Waverly, IA 102 Deerfield Cir #Whitetail Bluff Lot 15, Waverly, IA 50677 \| Other	N/A beds \| N/A baths \| N/A	$149,900	Airbnb cash on cash: 1.77% Traditional cash on cash: 2.18% Airbnb Rental Income: $1080 Traditional Rental Income: $769 Airbnb ROI: 1.77% Traditional ROI: 2.18%
114 Deerfield Cir #Whitetail Bluff Lot 12 Waverly, IA 114 Deerfield Cir #Whitetail Bluff Lot 12, Waverly, IA 50677 \| Other	N/A beds \| N/A baths \| N/A	$159,900	Airbnb cash on cash: 1.51% Traditional cash on cash: 1.89% Airbnb Rental Income: $1080 Traditional Rental Income: $769 Airbnb ROI: 1.51% Traditional ROI: 1.89%
1107 Fawn Holw #Whitetail Bluff Lot 2 Waverly, IA 1107 Fawn Holw #Whitetail Bluff Lot 2, Waverly, IA 50677 \| Other	N/A beds \| N/A baths \| N/A	$54,900	Airbnb cash on cash: 8.64% Traditional cash on cash: 9.72% Airbnb Rental Income: $1080 Traditional Rental Income: $771 Airbnb ROI: 8.64% Traditional ROI: 9.72%
213 Riverbend Rd Waverly, IA 213 Riverbend Rd, Waverly, IA 50677 \| Single Family Residential	4 beds \| 3 baths \| 2,315 sq.ft.	$443,931	Airbnb cash on cash: N/A Traditional cash on cash: 4.62% Airbnb Rental Income: $null Traditional Rental Income: $3084 Airbnb ROI: N/A Traditional ROI: 4.62%
209 Riverbend Rd Waverly, IA 209 Riverbend Rd, Waverly, IA 50677 \| Single Family Residential	5 beds \| 3 baths \| 2,194 sq.ft.	$421,749	Airbnb cash on cash: N/A Traditional cash on cash: 5.02% Airbnb Rental Income: $null Traditional Rental Income: $3096 Airbnb ROI: N/A Traditional ROI: 5.02%
221 Riverbend Rd Waverly, IA 221 Riverbend Rd, Waverly, IA 50677 \| Single Family Residential	3 beds \| 2 baths \| 1,370 sq.ft.	$394,807	Airbnb cash on cash: -0.63% Traditional cash on cash: 3.24% Airbnb Rental Income: $1204 Traditional Rental Income: $2248 Airbnb ROI: -0.63% Traditional ROI: 3.24%
217 Riverbend Rd Waverly, IA 217 Riverbend Rd, Waverly, IA 50677 \| Single Family Residential	3 beds \| N/A baths \| 1,241 sq.ft.	$378,408	Airbnb cash on cash: -0.55% Traditional cash on cash: 2.94% Airbnb Rental Income: $1204 Traditional Rental Income: $2051 Airbnb ROI: -0.55% Traditional ROI: 2.94%
1300 SW 4th Ave Waverly, IA Discover this fantastic property located just across the street from WSR High School, near...	4 beds \| 2 baths \| 2,650 sq.ft.	$269,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.94% Airbnb Rental Income: $null Traditional Rental Income: $3259 Airbnb ROI: N/A Traditional ROI: 9.94%
1319 Leitha Ter Waverly, IA ****Pick your paint color! The sellers are offering a credit to have the exterior of the h...	4 beds \| 2 baths \| 2,280 sq.ft.	$274,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.86% Airbnb Rental Income: $null Traditional Rental Income: $3113 Airbnb ROI: N/A Traditional ROI: 8.86%
145 Eagle Ridge Dr Waverly, IA 145 Eagle Ridge Dr, Waverly, IA 50677 \| Other	N/A beds \| N/A baths \| N/A	$70,000	Airbnb cash on cash: 6.38% Traditional cash on cash: 8.56% Airbnb Rental Income: $1080 Traditional Rental Income: $862 Airbnb ROI: 6.38% Traditional ROI: 8.56%
1401 SW 3rd St #116 Waverly, IA Taking Backups, Call Agent. Welcome to easy, comfortable living in this well-maintained 1-...	1 beds \| 1 baths \| 786 sq.ft.	$137,000	Airbnb cash on cash: -2.06% Traditional cash on cash: 4.66% Airbnb Rental Income: $731 Traditional Rental Income: $1304 Airbnb ROI: -2.06% Traditional ROI: 4.66%
1005 Ashbury Cir Waverly, IA This high-quality Craig Freesemann-built ranch-style home in Waverly offers an exceptional...	4 beds \| 2 baths \| 4,284 sq.ft.	$724,900	Airbnb cash on cash: N/A Traditional cash on cash: 1% Airbnb Rental Income: $null Traditional Rental Income: $2406 Airbnb ROI: N/A Traditional ROI: 1%
Parcel S Bremer Rd Waverly, IA Parcel S Bremer Rd, Waverly, IA 50677 \| Other	N/A beds \| N/A baths \| N/A	$239,000	Airbnb cash on cash: 0.19% Traditional cash on cash: 0.9% Airbnb Rental Income: $1080 Traditional Rental Income: $873 Airbnb ROI: 0.19% Traditional ROI: 0.9%
Parcel T Bremer Rd Waverly, IA Parcel T Bremer Rd, Waverly, IA 50677 \| Other	N/A beds \| N/A baths \| N/A	$134,000	Airbnb cash on cash: 2.27% Traditional cash on cash: 3.53% Airbnb Rental Income: $1080 Traditional Rental Income: $873 Airbnb ROI: 2.27% Traditional ROI: 3.53%
3250 E Bremer Ave Waverly, IA 3250 E Bremer Ave, Waverly, IA 50677 \| Other	N/A beds \| N/A baths \| N/A	$225,000	Airbnb cash on cash: 0.36% Traditional cash on cash: 1.12% Airbnb Rental Income: $1080 Traditional Rental Income: $873 Airbnb ROI: 0.36% Traditional ROI: 1.12%
3200 E Bremer Ave Waverly, IA 3200 E Bremer Ave, Waverly, IA 50677 \| Other	N/A beds \| N/A baths \| N/A	$200,000	Airbnb cash on cash: 0.71% Traditional cash on cash: 1.57% Airbnb Rental Income: $1080 Traditional Rental Income: $874 Airbnb ROI: 0.71% Traditional ROI: 1.57%
Lot 1B Cedar Sq Waverly, IA Lot 1B Cedar Sq, Waverly, IA 50677 \| Other	N/A beds \| N/A baths \| N/A	$150,000	Airbnb cash on cash: 1.77% Traditional cash on cash: 2.9% Airbnb Rental Income: $1080 Traditional Rental Income: $874 Airbnb ROI: 1.77% Traditional ROI: 2.9%

Real Estate investment in Waverly, IA

There are 87 properties for sale in the city of Waverly . The median list price in Waverly is $306,816 and the average price per square foot is $152. In July 2026, the average monthly cash on cash return in Waverly is 6.00%. The average monthly rental income in Waverly is $2,028.

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

There are 87 investment properties available for sale in Waverly.

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

The ROI for Long-Term is higher than the Short-Term in Waverly with average rental income of $2,028.

Your search for investment property begins and ends here

Investment Property for Sale in Waverly, IA

1545 Knight Ave

Waverly, IA

2 beds | 2 baths | 1,900 sq.ft.

$419,900

Airbnb cash on cash: -0.72%

Traditional cash on cash: 2.3%

Airbnb Rental Income: $1204

Traditional Rental Income: $2004

Airbnb ROI: -0.72%

Traditional ROI: 2.3%

1300 SW 2nd Ave

Waverly, IA

3 beds | 2 baths | 2,329 sq.ft.

$254,900

Airbnb cash on cash: 0.59%

Traditional cash on cash: 10.13%

Airbnb Rental Income: $1204

Traditional Rental Income: $3110

Airbnb ROI: 0.59%

Traditional ROI: 10.13%

104 Maple Circle

Waverly, IA

5 beds | 4 baths | 3,389 sq.ft.

$439,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.94%

Airbnb Rental Income: $null

Traditional Rental Income: $3987

Airbnb ROI: N/A

Traditional ROI: 6.94%

303 NW 3rd St

Waverly, IA

4 beds | N/A baths | 840 sq.ft.

$183,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.86%

Airbnb Rental Income: $null

Traditional Rental Income: $1566

Airbnb ROI: N/A

Traditional ROI: 5.86%

2304 NW 3rd Avenue

Waverly, IA

5 beds | 2 baths | 2,006 sq.ft.

$270,000

Airbnb cash on cash: N/A

Traditional cash on cash: 8.36%

Airbnb Rental Income: $null

Traditional Rental Income: $2853

Airbnb ROI: N/A

Traditional ROI: 8.36%

2425 Bishop Ave

Waverly, IA

4 beds | 3 baths | 3,188 sq.ft.

$799,900

Airbnb cash on cash: N/A

Traditional cash on cash: 2.55%

Airbnb Rental Income: $null

Traditional Rental Income: $3583

Airbnb ROI: N/A

Traditional ROI: 2.55%

1210 Rock Ridge Cir

Waverly, IA

3 beds | 3 baths | 2,040 sq.ft.

$324,305

Airbnb cash on cash: -0.21%

Traditional cash on cash: 5.59%

Airbnb Rental Income: $1204

Traditional Rental Income: $2585

Airbnb ROI: -0.21%

Traditional ROI: 5.59%

901 SE 29th Ave

Waverly, IA

N/A beds | N/A baths | 0 sq.ft.

$179,000

Airbnb cash on cash: 1.09%

Traditional cash on cash: 3.02%

Airbnb Rental Income: $1080

Traditional Rental Income: $1041

Airbnb ROI: 1.09%