Real Estate Investment Properties for Sale in Waconia, MN

Looking for investment property in Waconia, MN with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
5 Somerset Drive Waconia, MN Welcome, leave your shoes in the entry and relax in your new home in the heart of Waconia,...	2 beds \| 1 baths \| 1,088 sq.ft.	$205,000	Airbnb cash on cash: 0.75% Traditional cash on cash: 3.26% Airbnb Rental Income: $1349 Traditional Rental Income: $1423 Airbnb ROI: 0.75% Traditional ROI: 3.26%
1146 Sparrow Rd Waconia, MN Step into this stunning Waconia remodel with soaring ceilings and many upgrades throughout...	4 beds \| 2 baths \| 2,304 sq.ft.	$400,000	Airbnb cash on cash: 4.79% Traditional cash on cash: 4.72% Airbnb Rental Income: $3257 Traditional Rental Income: $2501 Airbnb ROI: 4.79% Traditional ROI: 4.72%
1537 Serenity Lane Waconia, MN Move right into this beautifully updated 2-bedroom, 2-bath townhome featuring stylish fini...	2 beds \| 2 baths \| 1,299 sq.ft.	$224,900	Airbnb cash on cash: 0.21% Traditional cash on cash: 4.93% Airbnb Rental Income: $1349 Traditional Rental Income: $1939 Airbnb ROI: 0.21% Traditional ROI: 4.93%
208 E Lake Street Waconia, MN Exceptional Lake Waconia waterfront home offering expansive lake views, generous entertain...	4 beds \| 3 baths \| 4,055 sq.ft.	$2,200,000	Airbnb cash on cash: -0.76% Traditional cash on cash: -0.38% Airbnb Rental Income: $3257 Traditional Rental Income: $3300 Airbnb ROI: -0.76% Traditional ROI: -0.38%
257 S Orange Street Waconia, MN Rare opportunity in the heart of Waconia! This beautifully maintained and thoughtfully upd...	4 beds \| 2 baths \| 2,420 sq.ft.	$385,000	Airbnb cash on cash: 4.72% Traditional cash on cash: 5.01% Airbnb Rental Income: $3257 Traditional Rental Income: $2627 Airbnb ROI: 4.72% Traditional ROI: 5.01%
16 E 13th St Waconia, MN Perfect entry level home or investment property smack dab in the middle of Waconia! Close ...	2 beds \| 1 baths \| 900 sq.ft.	$183,000	Airbnb cash on cash: 0.03% Traditional cash on cash: 2.98% Airbnb Rental Income: $1349 Traditional Rental Income: $1450 Airbnb ROI: 0.03% Traditional ROI: 2.98%
7860 Laketown Pkwy Waconia, MN Welcome to this custom build 4 bedroom 3 bath rambler on Lake Waconia this is a to be buil...	N/A beds \| N/A baths \| 3,735 sq.ft.	$874,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.48% Airbnb Rental Income: $null Traditional Rental Income: $3018 Airbnb ROI: N/A Traditional ROI: 1.48%
830 Foxglove Terrace Waconia, MN 5.75% Assumable Interest Rate- Call for Details! Welcome to 830 Foxglove Terrace - where c...	5 beds \| 3 baths \| 2,600 sq.ft.	$525,000	Airbnb cash on cash: 1.27% Traditional cash on cash: 3.97% Airbnb Rental Income: $2399 Traditional Rental Income: $3135 Airbnb ROI: 1.27% Traditional ROI: 3.97%
526 Goldenrod Trl Waconia, MN 526 Goldenrod Trl, Waconia, MN 55387 \| Single Family Residential	4 beds \| 2 baths \| 2,103 sq.ft.	$475,000	Airbnb cash on cash: 3.36% Traditional cash on cash: 2.79% Airbnb Rental Income: $3257 Traditional Rental Income: $2273 Airbnb ROI: 3.36% Traditional ROI: 2.79%
1774 Campfire Dr W Waconia, MN 1774 Campfire Dr W, Waconia, MN 55387 \| Townhouse	2 beds \| 2 baths \| 1,668 sq.ft.	$635,000	Airbnb cash on cash: -1.07% Traditional cash on cash: 0.23% Airbnb Rental Income: $1349 Traditional Rental Income: $1704 Airbnb ROI: -1.07% Traditional ROI: 0.23%
528 Goldenrod Trl Waconia, MN 528 Goldenrod Trl, Waconia, MN 55387 \| Single Family Residential	5 beds \| 3 baths \| 3,003 sq.ft.	$625,000	Airbnb cash on cash: 0.83% Traditional cash on cash: 2.21% Airbnb Rental Income: $2399 Traditional Rental Income: $2614 Airbnb ROI: 0.83% Traditional ROI: 2.21%
202 Sandy Shores Road Waconia, MN Stonegate Builders proudly presents our Reggie Award Winning Vermillion Villa. This home f...	3 beds \| 3 baths \| 4,274 sq.ft.	$2,499,900	Airbnb cash on cash: N/A Traditional cash on cash: -1.02% Airbnb Rental Income: $null Traditional Rental Income: $521 Airbnb ROI: N/A Traditional ROI: -1.02%
1767 Campfire Dr W Waconia, MN 1767 Campfire Dr W, Waconia, MN 55387 \| Townhouse	3 beds \| 2 baths \| 3,423 sq.ft.	$819,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.08% Airbnb Rental Income: $null Traditional Rental Income: $1985 Airbnb ROI: N/A Traditional ROI: 0.08%
1954 Woods Pt Waconia, MN 1954 Woods Pt, Waconia, MN 55387 \| Single Family Residential	2 beds \| 2 baths \| 2,007 sq.ft.	$679,000	Airbnb cash on cash: -1.13% Traditional cash on cash: 0.25% Airbnb Rental Income: $1349 Traditional Rental Income: $1809 Airbnb ROI: -1.13% Traditional ROI: 0.25%
752 Somerwood Ln Waconia, MN 752 Somerwood Ln, Waconia, MN 55387 \| Townhouse	3 beds \| 2 baths \| 1,709 sq.ft.	$611,500	Airbnb cash on cash: N/A Traditional cash on cash: 0.63% Airbnb Rental Income: $null Traditional Rental Income: $1883 Airbnb ROI: N/A Traditional ROI: 0.63%
221 Huntington Dr Waconia, MN 221 Huntington Dr, Waconia, MN 55387 \| Townhouse	3 beds \| 2 baths \| 1,719 sq.ft.	$399,759	Airbnb cash on cash: N/A Traditional cash on cash: 2.29% Airbnb Rental Income: $null Traditional Rental Income: $2016 Airbnb ROI: N/A Traditional ROI: 2.29%
4340 Meadowview Dr Waconia, MN 4340 Meadowview Dr, Waconia, MN 55387 \| Single Family Residential	4 beds \| 2 baths \| 2,309 sq.ft.	$465,000	Airbnb cash on cash: 3.33% Traditional cash on cash: 2.88% Airbnb Rental Income: $3257 Traditional Rental Income: $2327 Airbnb ROI: 3.33% Traditional ROI: 2.88%
4338 Meadowview Dr Waconia, MN 4338 Meadowview Dr, Waconia, MN 55387 \| Single Family Residential	5 beds \| 3 baths \| 2,485 sq.ft.	$485,000	Airbnb cash on cash: 1.53% Traditional cash on cash: 2.83% Airbnb Rental Income: $2399 Traditional Rental Income: $2398 Airbnb ROI: 1.53% Traditional ROI: 2.83%
4342 Meadowview Dr Waconia, MN 4342 Meadowview Dr, Waconia, MN 55387 \| Single Family Residential	3 beds \| 2 baths \| 1,957 sq.ft.	$445,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.23% Airbnb Rental Income: $null Traditional Rental Income: $2381 Airbnb ROI: N/A Traditional ROI: 3.23%
700 10th St E Waconia, MN 700 10th St E, Waconia, MN 55387 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$16,143,000	Airbnb cash on cash: N/A Traditional cash on cash: -2.09% Airbnb Rental Income: $null Traditional Rental Income: $537 Airbnb ROI: N/A Traditional ROI: -2.09%
186 Huntington Dr Waconia, MN 186 Huntington Dr, Waconia, MN 55387 \| Townhouse	3 beds \| 2 baths \| 1,777 sq.ft.	$339,579	Airbnb cash on cash: N/A Traditional cash on cash: 3.74% Airbnb Rental Income: $null Traditional Rental Income: $2235 Airbnb ROI: N/A Traditional ROI: 3.74%
Andover Plan Waconia, MN Andover Plan, Waconia, MN 55387 \| Single Family Residential	3 beds \| 2 baths \| 2,000 sq.ft.	$429,990	Airbnb cash on cash: N/A Traditional cash on cash: 2.62% Airbnb Rental Income: $null Traditional Rental Income: $1998 Airbnb ROI: N/A Traditional ROI: 2.62%
536 Industrial Blvd Waconia, MN 536 Industrial Blvd, Waconia, MN 55387 \| Other	N/A beds \| N/A baths \| N/A	$80,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.54% Airbnb Rental Income: $null Traditional Rental Income: $537 Airbnb ROI: N/A Traditional ROI: 3.54%
710 Vista-d Blvd Waconia, MN 710 Vista-d Blvd, Waconia, MN 55387 \| Other	N/A beds \| N/A baths \| N/A	$600,000	Airbnb cash on cash: N/A Traditional cash on cash: -1.32% Airbnb Rental Income: $null Traditional Rental Income: $537 Airbnb ROI: N/A Traditional ROI: -1.32%
Coventry Plan Waconia, MN Coventry Plan, Waconia, MN 55387 \| Single Family Residential	3 beds \| 2 baths \| 2,162 sq.ft.	$459,990	Airbnb cash on cash: N/A Traditional cash on cash: 2.44% Airbnb Rental Income: $null Traditional Rental Income: $2053 Airbnb ROI: N/A Traditional ROI: 2.44%
Mercer Plan Waconia, MN Mercer Plan, Waconia, MN 55387 \| Single Family Residential	4 beds \| 2 baths \| 2,508 sq.ft.	$518,990	Airbnb cash on cash: 2.9% Traditional cash on cash: 2.05% Airbnb Rental Income: $3257 Traditional Rental Income: $2112 Airbnb ROI: 2.9% Traditional ROI: 2.05%
Brockton Plan Waconia, MN Brockton Plan, Waconia, MN 55387 \| Single Family Residential	4 beds \| 3 baths \| 2,469 sq.ft.	$491,990	Airbnb cash on cash: 3.17% Traditional cash on cash: 2.6% Airbnb Rental Income: $3257 Traditional Rental Income: $2259 Airbnb ROI: 3.17% Traditional ROI: 2.6%
Continental Plan Waconia, MN Continental Plan, Waconia, MN 55387 \| Single Family Residential	4 beds \| 2 baths \| 3,008 sq.ft.	$553,990	Airbnb cash on cash: 2.59% Traditional cash on cash: 1.96% Airbnb Rental Income: $3257 Traditional Rental Income: $2201 Airbnb ROI: 2.59% Traditional ROI: 1.96%
Ivy Plan Waconia, MN Ivy Plan, Waconia, MN 55387 \| Single Family Residential	3 beds \| 2 baths \| 2,819 sq.ft.	$543,990	Airbnb cash on cash: N/A Traditional cash on cash: 1.79% Airbnb Rental Income: $null Traditional Rental Income: $2076 Airbnb ROI: N/A Traditional ROI: 1.79%
Covington Plan Waconia, MN Covington Plan, Waconia, MN 55387 \| Single Family Residential	4 beds \| 3 baths \| 2,344 sq.ft.	$481,990	Airbnb cash on cash: 3.28% Traditional cash on cash: 2.89% Airbnb Rental Income: $3257 Traditional Rental Income: $2347 Airbnb ROI: 3.28% Traditional ROI: 2.89%
Northfield Plan Waconia, MN Northfield Plan, Waconia, MN 55387 \| Single Family Residential	4 beds \| 3 baths \| 1,981 sq.ft.	$461,990	Airbnb cash on cash: 3.51% Traditional cash on cash: 2.8% Airbnb Rental Income: $3257 Traditional Rental Income: $2218 Airbnb ROI: 3.51% Traditional ROI: 2.8%
Waverly Plan Waconia, MN Waverly Plan, Waconia, MN 55387 \| Single Family Residential	4 beds \| 2 baths \| 3,290 sq.ft.	$583,990	Airbnb cash on cash: 2.35% Traditional cash on cash: 1.11% Airbnb Rental Income: $3257 Traditional Rental Income: $1848 Airbnb ROI: 2.35% Traditional ROI: 1.11%
Dakota Plan Waconia, MN Dakota Plan, Waconia, MN 55387 \| Single Family Residential	4 beds \| 2 baths \| 2,679 sq.ft.	$538,990	Airbnb cash on cash: 2.72% Traditional cash on cash: 1.96% Airbnb Rental Income: $3257 Traditional Rental Income: $2144 Airbnb ROI: 2.72% Traditional ROI: 1.96%
The Dover II Plan Waconia, MN	3 beds \| 2 baths \| 1,721 sq.ft.	$512,990	Airbnb cash on cash: N/A Traditional cash on cash: 1.6% Airbnb Rental Income: $null Traditional Rental Income: $1872 Airbnb ROI: N/A Traditional ROI: 1.6%
7250 Rutz Lake Rd Waconia, MN 7250 Rutz Lake Rd, Waconia, MN 55387 \| Other	N/A beds \| N/A baths \| N/A	$1,450,000	Airbnb cash on cash: N/A Traditional cash on cash: -1.78% Airbnb Rental Income: $null Traditional Rental Income: $537 Airbnb ROI: N/A Traditional ROI: -1.78%
Louisville Plan Waconia, MN Louisville Plan, Waconia, MN 55387 \| Single Family Residential	4 beds \| 2 baths \| 2,337 sq.ft.	$479,990	Airbnb cash on cash: 3.31% Traditional cash on cash: 2.47% Airbnb Rental Income: $3257 Traditional Rental Income: $2150 Airbnb ROI: 3.31% Traditional ROI: 2.47%
The Louisville Plan Waconia, MN The Louisville Plan, Waconia, MN 55387 \| Single Family Residential	4 beds \| 2 baths \| 2,391 sq.ft.	$457,990	Airbnb cash on cash: 3.56% Traditional cash on cash: 2.69% Airbnb Rental Income: $3257 Traditional Rental Income: $2152 Airbnb ROI: 3.56% Traditional ROI: 2.69%
Birch Plan Waconia, MN Birch Plan, Waconia, MN 55387 \| Single Family Residential	2 beds \| 2 baths \| 1,451 sq.ft.	$439,990	Airbnb cash on cash: -0.07% Traditional cash on cash: 1.5% Airbnb Rental Income: $1349 Traditional Rental Income: $1583 Airbnb ROI: -0.07% Traditional ROI: 1.5%
Willow II Plan Waconia, MN Willow II Plan, Waconia, MN 55387 \| Single Family Residential	3 beds \| 2 baths \| 1,892 sq.ft.	$480,990	Airbnb cash on cash: N/A Traditional cash on cash: 2.12% Airbnb Rental Income: $null Traditional Rental Income: $1995 Airbnb ROI: N/A Traditional ROI: 2.12%

Real Estate investment in Waconia, MN

There are 136 properties for sale in the city of Waconia . The median list price in Waconia is $499,732 and the average price per square foot is $210. In June 2026, the average monthly cash on cash return in Waconia is 3.00%. The average monthly rental income in Waconia is $2,449.

Waconia, MN Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 136 investment properties available for sale in Waconia.

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

The ROI for Short-Term is higher than the Long-Term in Waconia with average rental income of $3,257.

Your search for investment property begins and ends here

Investment Property for Sale in Waconia, MN

5 Somerset Drive

Waconia, MN

2 beds | 1 baths | 1,088 sq.ft.

$205,000

Airbnb cash on cash: 0.75%

Traditional cash on cash: 3.26%

Airbnb Rental Income: $1349

Traditional Rental Income: $1423

Airbnb ROI: 0.75%

Traditional ROI: 3.26%

1146 Sparrow Rd

Waconia, MN

4 beds | 2 baths | 2,304 sq.ft.

$400,000

Airbnb cash on cash: 4.79%

Traditional cash on cash: 4.72%

Airbnb Rental Income: $3257

Traditional Rental Income: $2501

Airbnb ROI: 4.79%

Traditional ROI: 4.72%

1537 Serenity Lane

Waconia, MN

2 beds | 2 baths | 1,299 sq.ft.

$224,900

Airbnb cash on cash: 0.21%

Traditional cash on cash: 4.93%

Airbnb Rental Income: $1349

Traditional Rental Income: $1939

Airbnb ROI: 0.21%

Traditional ROI: 4.93%

208 E Lake Street

Waconia, MN

4 beds | 3 baths | 4,055 sq.ft.

$2,200,000

Airbnb cash on cash: -0.76%

Traditional cash on cash: -0.38%

Airbnb Rental Income: $3257

Traditional Rental Income: $3300

Airbnb ROI: -0.76%

Traditional ROI: -0.38%

257 S Orange Street

Waconia, MN

4 beds | 2 baths | 2,420 sq.ft.

$385,000

Airbnb cash on cash: 4.72%

Traditional cash on cash: 5.01%

Airbnb Rental Income: $3257

Traditional Rental Income: $2627

Airbnb ROI: 4.72%

Traditional ROI: 5.01%

16 E 13th St

Waconia, MN

2 beds | 1 baths | 900 sq.ft.

$183,000

Airbnb cash on cash: 0.03%

Traditional cash on cash: 2.98%

Airbnb Rental Income: $1349

Traditional Rental Income: $1450

Airbnb ROI: 0.03%

Traditional ROI: 2.98%

7860 Laketown Pkwy

Waconia, MN

N/A beds | N/A baths | 3,735 sq.ft.

$874,900

Airbnb cash on cash: N/A

Traditional cash on cash: 1.48%

Airbnb Rental Income: $null

Traditional Rental Income: $3018

Airbnb ROI: N/A

Traditional ROI: 1.48%

830 Foxglove Terrace

Waconia, MN

5 beds | 3 baths | 2,600 sq.ft.

$525,000

Airbnb cash on cash: 1.27%

Traditional cash on cash: 3.97%

Airbnb Rental Income: $2399

Traditional Rental Income: $3135

Airbnb ROI: 1.27%