Real Estate Investment Properties for Sale in Milledgeville, GA

Looking for investment property in Milledgeville, GA with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
177 Lakeshore Cir Milledgeville, GA LAKE SINCLAIR WATERFRONT WITH NEW COVERED DOCK, DREDGED WATER ACCESS, AND STUNNING VIEWS! ...	4 beds \| 3 baths \| 2,284 sq.ft.	$659,900	Airbnb cash on cash: 0.57% Traditional cash on cash: 2.71% Airbnb Rental Income: $2175 Traditional Rental Income: $2937 Airbnb ROI: 0.57% Traditional ROI: 2.71%
177 NE Lakeshore Circle Milledgeville, GA Welcome to your dream lakefront retreat in Milledgeville on Lake Sinclair-where comfort, c...	4 beds \| 3 baths \| 2,284 sq.ft.	$659,900	Airbnb cash on cash: 0.57% Traditional cash on cash: 2.57% Airbnb Rental Income: $2175 Traditional Rental Income: $2851 Airbnb ROI: 0.57% Traditional ROI: 2.57%
240 Southern Walk Milledgeville, GA Beautifully upgraded 4-bedroom, 3-bath home offering the perfect blend of comfort and func...	4 beds \| 3 baths \| 3,190 sq.ft.	$479,000	Airbnb cash on cash: 1.39% Traditional cash on cash: 3.25% Airbnb Rental Income: $2175 Traditional Rental Income: $2454 Airbnb ROI: 1.39% Traditional ROI: 3.25%
3631 Sussex Drive Milledgeville, GA Your Dream Home Awaits - Fully Updated & Move-In Ready! Welcome home to this charming 3-be...	3 beds \| 2 baths \| 1,884 sq.ft.	$397,000	Airbnb cash on cash: 0.31% Traditional cash on cash: 3.61% Airbnb Rental Income: $1329 Traditional Rental Income: $2147 Airbnb ROI: 0.31% Traditional ROI: 3.61%
141 Grimes Rd Milledgeville, GA STUNNING Lake Sinclair New Construction in a super convenient location!! Close to all groc...	4 beds \| 4 baths \| N/A	$1,450,000	Airbnb cash on cash: -0.31% Traditional cash on cash: 0.53% Airbnb Rental Income: $1627 Traditional Rental Income: $2296 Airbnb ROI: -0.31% Traditional ROI: 0.53%
109 Misty Ln NW #322 Milledgeville, GA Life feels a little slower and a lot more enjoyable at The Harbors on Lake Sinclair. Tucke...	2 beds \| 2 baths \| 2,030 sq.ft.	$375,000	Airbnb cash on cash: -0.38% Traditional cash on cash: 7.2% Airbnb Rental Income: $924 Traditional Rental Income: $3246 Airbnb ROI: -0.38% Traditional ROI: 7.2%
112 S CAY DRIVE Milledgeville, GA Welcome to 112 S. Cay Drive, a refined lakefront retreat on beautiful Lake Sinclair where ...	5 beds \| 7 baths \| 5,586 sq.ft.	$2,400,000	Airbnb cash on cash: 0.18% Traditional cash on cash: 1.93% Airbnb Rental Income: $4705 Traditional Rental Income: $7629 Airbnb ROI: 0.18% Traditional ROI: 1.93%
226 Lake Laurel Road Milledgeville, GA This one-level brick home sits on almost 1 acre of land. It has a double carport, metal ro...	3 beds \| 2 baths \| 1,609 sq.ft.	$239,000	Airbnb cash on cash: 1.74% Traditional cash on cash: 6.34% Airbnb Rental Income: $1329 Traditional Rental Income: $1957 Airbnb ROI: 1.74% Traditional ROI: 6.34%
201 Lakeside Dr Milledgeville, GA Welcome home to 201 Lakeside Dr. A 3 bed/ 2 bath brick ranch home with large front and bac...	3 beds \| 2 baths \| 2,209 sq.ft.	$265,000	Airbnb cash on cash: 1.39% Traditional cash on cash: 6.6% Airbnb Rental Income: $1329 Traditional Rental Income: $2221 Airbnb ROI: 1.39% Traditional ROI: 6.6%
383 Hub Dent Road Milledgeville, GA LAKE GETAWAY DREAMS DO COME TRUE! This cozy 1,998 sq. ft., 3-bedroom, 2.5-bath retreat on ...	3 beds \| 3 baths \| 1,998 sq.ft.	$515,000	Airbnb cash on cash: -0.2% Traditional cash on cash: 3.43% Airbnb Rental Income: $1329 Traditional Rental Income: $2668 Airbnb ROI: -0.2% Traditional ROI: 3.43%
152 Thomas Field Rd SE Milledgeville, GA 3 bedroom, 2 bath home. Move in and make it your own. Also a good opportunity for investor...	1 beds \| 2 baths \| 1,152 sq.ft.	$150,000	Airbnb cash on cash: 4.62% Traditional cash on cash: 11.32% Airbnb Rental Income: $1329 Traditional Rental Income: $1881 Airbnb ROI: 4.62% Traditional ROI: 11.32%
211 Lakecrest Drive Milledgeville, GA The View, The Location, The Sandy Beach, The Home, The Cove, The Porch, and Water Clarity....	5 beds \| 4 baths \| 3,928 sq.ft.	$1,499,800	Airbnb cash on cash: 1.38% Traditional cash on cash: 1.73% Airbnb Rental Income: $4705 Traditional Rental Income: $4223 Airbnb ROI: 1.38% Traditional ROI: 1.73%
243 Minor Rd Milledgeville, GA BUYER INCENTIVE Seller is offering $4,000 towards closing cost with acceptable offer**...	3 beds \| 2 baths \| 1,894 sq.ft.	$269,000	Airbnb cash on cash: 1.26% Traditional cash on cash: 5.74% Airbnb Rental Income: $1329 Traditional Rental Income: $2054 Airbnb ROI: 1.26% Traditional ROI: 5.74%
106 Misty Lane Milledgeville, GA Charming Cape Cod-style home featuring 3 bedrooms and 2 baths in the desirable site-built ...	3 beds \| 2 baths \| 1,356 sq.ft.	$675,000	Airbnb cash on cash: -0.06% Traditional cash on cash: 1.85% Airbnb Rental Income: $1329 Traditional Rental Income: $2121 Airbnb ROI: -0.06% Traditional ROI: 1.85%
110 S Cay Drive Milledgeville, GA JAW DROPPING FARMHOUSE HOME ON LAKE SINCLAIR!! This one is special - you probably hear tha...	5 beds \| 4 baths \| N/A	$2,250,000	Airbnb cash on cash: -0.17% Traditional cash on cash: -0.08% Airbnb Rental Income: $4705 Traditional Rental Income: $3933 Airbnb ROI: -0.17% Traditional ROI: -0.08%
3718 Sussex Dr Milledgeville, GA LOCATION. LIFESTYLE. SPACE. Welcome to 3718 Sussex Drive, perfectly positioned on the main...	3 beds \| 2 baths \| 2,200 sq.ft.	$389,000	Airbnb cash on cash: 0.35% Traditional cash on cash: 4.15% Airbnb Rental Income: $1329 Traditional Rental Income: $2305 Airbnb ROI: 0.35% Traditional ROI: 4.15%
484 Eagles Way NE Milledgeville, GA Welcome to 484 Eagles Way, in the gated Eagles Point neighborhood. Built in 2016, the cust...	3 beds \| 3 baths \| 2,874 sq.ft.	$849,000	Airbnb cash on cash: -0.43% Traditional cash on cash: 2.9% Airbnb Rental Income: $1329 Traditional Rental Income: $3557 Airbnb ROI: -0.43% Traditional ROI: 2.9%
3779 Sussex Drive Milledgeville, GA Beautiful home with fully finished Basement apartment in Country Club Estates. New Roof, n...	4 beds \| 4 baths \| 2,882 sq.ft.	$459,900	Airbnb cash on cash: 1.64% Traditional cash on cash: 4.92% Airbnb Rental Income: $2175 Traditional Rental Income: $3033 Airbnb ROI: 1.64% Traditional ROI: 4.92%
116 Buckeye Lane Milledgeville, GA Don't wait for the opportunity to own this beautiful 2-bedroom, 2-bath Lake Sinclair home ...	2 beds \| 2 baths \| 2,112 sq.ft.	$424,900	Airbnb cash on cash: -0.69% Traditional cash on cash: 4.31% Airbnb Rental Income: $924 Traditional Rental Income: $2569 Airbnb ROI: -0.69% Traditional ROI: 4.31%
100 Misenheimer Rd Milledgeville, GA SELLER SAYS SELL! This MINT CONDITION ONE LEVEL lake home with SEPARATE GUEST COTTAGE has ...	3 beds \| 2 baths \| 1,464 sq.ft.	$595,000	Airbnb cash on cash: -0.03% Traditional cash on cash: 2.84% Airbnb Rental Income: $1329 Traditional Rental Income: $2513 Airbnb ROI: -0.03% Traditional ROI: 2.84%
2865 Vinson Hwy Milledgeville, GA Looking for a home with acreage? This peaceful country property offers the perfect opportu...	3 beds \| 2 baths \| 1,232 sq.ft.	$229,000	Airbnb cash on cash: 1.9% Traditional cash on cash: 5.22% Airbnb Rental Income: $1329 Traditional Rental Income: $1638 Airbnb ROI: 1.9% Traditional ROI: 5.22%
381 Riley Cir NW Milledgeville, GA Welcome to 381 Riley Circle NW in the desirable High Point subdivision! This beautifully m...	4 beds \| 3 baths \| 2,150 sq.ft.	$340,000	Airbnb cash on cash: 2.88% Traditional cash on cash: 5.26% Airbnb Rental Income: $2175 Traditional Rental Income: $2384 Airbnb ROI: 2.88% Traditional ROI: 5.26%
140 Silver Birch Ln NE Milledgeville, GA LUXURY LIVING AT LAKE SINCLAIR! MILLION DOLLAR VIEWS, LOCATION, TURNKEY, AMENITIES! The Le...	4 beds \| 3 baths \| 3,931 sq.ft.	$1,100,000	Airbnb cash on cash: 1.47% Traditional cash on cash: 2.21% Airbnb Rental Income: $5211 Traditional Rental Income: $4911 Airbnb ROI: 1.47% Traditional ROI: 2.21%
418 Riley Cir NW Milledgeville, GA Welcome to this almost-new, beautifully maintained 3-bedroom, 2-bath home in the desirable...	3 beds \| 2 baths \| 1,856 sq.ft.	$315,000	Airbnb cash on cash: 0.79% Traditional cash on cash: 2.6% Airbnb Rental Income: $1329 Traditional Rental Income: $1454 Airbnb ROI: 0.79% Traditional ROI: 2.6%
118 Allenwood Rd SW Milledgeville, GA Welcome home to this beautifully updated four-sided brick ranch in one of Milledgeville's ...	4 beds \| 2 baths \| 1,674 sq.ft.	$225,000	Airbnb cash on cash: 5.27% Traditional cash on cash: 3.91% Airbnb Rental Income: $2175 Traditional Rental Income: $1333 Airbnb ROI: 5.27% Traditional ROI: 3.91%
118 Pinecrest Dr NE Milledgeville, GA Just Minutes from Lake Sinclair - Space, Comfort & Updates You'll Love! Welcome home to th...	4 beds \| 3 baths \| 3,082 sq.ft.	$435,000	Airbnb cash on cash: 1.84% Traditional cash on cash: 2.98% Airbnb Rental Income: $2175 Traditional Rental Income: $2089 Airbnb ROI: 1.84% Traditional ROI: 2.98%
221 Commodore Dr NW Milledgeville, GA Welcome to lake living at its finest! Located on Lake Sinclair, this inviting 3-bedroom, 2...	3 beds \| 2 baths \| 2,584 sq.ft.	$725,000	Airbnb cash on cash: -0.69% Traditional cash on cash: 0.84% Airbnb Rental Income: $1329 Traditional Rental Income: $1958 Airbnb ROI: -0.69% Traditional ROI: 0.84%
291 Power Point Road Milledgeville, GA NEW BOATHOUSE under Construction!!! Completely Remodeled Lake Sinclair Cottage Discover th...	4 beds \| 3 baths \| 2,414 sq.ft.	$879,000	Airbnb cash on cash: 1.07% Traditional cash on cash: 1.6% Airbnb Rental Income: $3265 Traditional Rental Income: $2966 Airbnb ROI: 1.07% Traditional ROI: 1.6%
3779 Sussex Dr NE Milledgeville, GA Beautiful home with fully finished Basement apartment in Country Club Estates. New Roof, n...	4 beds \| 3 baths \| 2,882 sq.ft.	$459,900	Airbnb cash on cash: 1.64% Traditional cash on cash: 5.09% Airbnb Rental Income: $2175 Traditional Rental Income: $3109 Airbnb ROI: 1.64% Traditional ROI: 5.09%
381 Riley Circle Milledgeville, GA Welcome to 381 Riley Circle NW in the desirable High Point subdivision! This beautifully m...	4 beds \| 3 baths \| 2,150 sq.ft.	$340,000	Airbnb cash on cash: 2.88% Traditional cash on cash: 5.18% Airbnb Rental Income: $2175 Traditional Rental Income: $2358 Airbnb ROI: 2.88% Traditional ROI: 5.18%
169 Admiralty Way NW Milledgeville, GA Big open water front home on Lake Sinclair! Located on the Northside + walking distance to...	4 beds \| 3 baths \| 4,540 sq.ft.	$799,000	Airbnb cash on cash: 1.7% Traditional cash on cash: 2.93% Airbnb Rental Income: $3563 Traditional Rental Income: $3703 Airbnb ROI: 1.7% Traditional ROI: 2.93%
165 Ellis Mill Rd NE Milledgeville, GA Experience the perfect blend of space, serenity, and convenience in this beautiful Lake Si...	4 beds \| 3 baths \| 4,165 sq.ft.	$709,000	Airbnb cash on cash: 2.07% Traditional cash on cash: 3.49% Airbnb Rental Income: $3498 Traditional Rental Income: $3666 Airbnb ROI: 2.07% Traditional ROI: 3.49%
320 Cicada Dr SE Milledgeville, GA Set just outside of downtown Milledgeville, this delightful 3 bedroom, 2 bath home on 2.66...	3 beds \| 2 baths \| 1,200 sq.ft.	$184,900	Airbnb cash on cash: 3.46% Traditional cash on cash: 1.72% Airbnb Rental Income: $1329 Traditional Rental Income: $612 Airbnb ROI: 3.46% Traditional ROI: 1.72%
2313 Laura Ct NE Milledgeville, GA Listing is for TWO (2) identical buildings. INVESTORS!!!! If you have been waiting to purc...	4 beds \| N/A baths \| 1,656 sq.ft.	$349,000	Airbnb cash on cash: -0.43% Traditional cash on cash: 1.28% Airbnb Rental Income: $924 Traditional Rental Income: $1141 Airbnb ROI: -0.43% Traditional ROI: 1.28%
641 N Cobb St Milledgeville, GA This is a great older home in a lovely neighborhood. Located in walking distance to Doctor...	4 beds \| 2 baths \| 1,510 sq.ft.	$214,900	Airbnb cash on cash: 5.34% Traditional cash on cash: 7.31% Airbnb Rental Income: $2107 Traditional Rental Income: $1968 Airbnb ROI: 5.34% Traditional ROI: 7.31%
113 Admirality Way Milledgeville, GA Absolutely stunning top-to-bottom renovation super close to Lake Sinclair! This beautifull...	3 beds \| 2 baths \| 2,170 sq.ft.	$479,000	Airbnb cash on cash: 1.27% Traditional cash on cash: 3.54% Airbnb Rental Income: $1773 Traditional Rental Income: $2308 Airbnb ROI: 1.27% Traditional ROI: 3.54%
514 High Bluff Ct Milledgeville, GA Beautifully designed 4-bedroom, 3.5-bath home built in 2024, located in the desirable Dove...	4 beds \| 3 baths \| 2,600 sq.ft.	$599,000	Airbnb cash on cash: 0.79% Traditional cash on cash: 3% Airbnb Rental Income: $2175 Traditional Rental Income: $2862 Airbnb ROI: 0.79% Traditional ROI: 3%

Real Estate investment in Milledgeville, GA

There are 297 properties for sale in the city of Milledgeville . The median list price in Milledgeville is $233,360 and the average price per square foot is $103. In July 2026, the average monthly cash on cash return in Milledgeville is 4.00%. The average monthly rental income in Milledgeville is $2,294.

Milledgeville, GA Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 297 investment properties available for sale in Milledgeville.

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

The ROI for Long-Term is higher than the Short-Term in Milledgeville with average rental income of $2,294.

Your search for investment property begins and ends here

Investment Property for Sale in Milledgeville, GA

177 Lakeshore Cir

Milledgeville, GA

4 beds | 3 baths | 2,284 sq.ft.

$659,900

Airbnb cash on cash: 0.57%

Traditional cash on cash: 2.71%

Airbnb Rental Income: $2175

Traditional Rental Income: $2937

Airbnb ROI: 0.57%

Traditional ROI: 2.71%

177 NE Lakeshore Circle

Milledgeville, GA

4 beds | 3 baths | 2,284 sq.ft.

$659,900

Airbnb cash on cash: 0.57%

Traditional cash on cash: 2.57%

Airbnb Rental Income: $2175

Traditional Rental Income: $2851

Airbnb ROI: 0.57%

Traditional ROI: 2.57%

240 Southern Walk

Milledgeville, GA

4 beds | 3 baths | 3,190 sq.ft.

$479,000

Airbnb cash on cash: 1.39%

Traditional cash on cash: 3.25%

Airbnb Rental Income: $2175

Traditional Rental Income: $2454

Airbnb ROI: 1.39%

Traditional ROI: 3.25%

3631 Sussex Drive

Milledgeville, GA

3 beds | 2 baths | 1,884 sq.ft.

$397,000

Airbnb cash on cash: 0.31%

Traditional cash on cash: 3.61%

Airbnb Rental Income: $1329

Traditional Rental Income: $2147

Airbnb ROI: 0.31%

Traditional ROI: 3.61%

141 Grimes Rd

Milledgeville, GA

4 beds | 4 baths | N/A

$1,450,000

Airbnb cash on cash: -0.31%

Traditional cash on cash: 0.53%

Airbnb Rental Income: $1627

Traditional Rental Income: $2296

Airbnb ROI: -0.31%

Traditional ROI: 0.53%

109 Misty Ln NW #322

Milledgeville, GA

2 beds | 2 baths | 2,030 sq.ft.

$375,000

Airbnb cash on cash: -0.38%

Traditional cash on cash: 7.2%

Airbnb Rental Income: $924

Traditional Rental Income: $3246

Airbnb ROI: -0.38%

Traditional ROI: 7.2%

112 S CAY DRIVE

Milledgeville, GA

5 beds | 7 baths | 5,586 sq.ft.

$2,400,000

Airbnb cash on cash: 0.18%

Traditional cash on cash: 1.93%

Airbnb Rental Income: $4705

Traditional Rental Income: $7629

Airbnb ROI: 0.18%

Traditional ROI: 1.93%

226 Lake Laurel Road

Milledgeville, GA

3 beds | 2 baths | 1,609 sq.ft.

$239,000

Airbnb cash on cash: 1.74%

Traditional cash on cash: 6.34%

Airbnb Rental Income: $1329

Traditional Rental Income: $1957

Airbnb ROI: 1.74%