Real Estate Investment Properties for Sale in Algoma, WI

Looking for investment property in Algoma, WI with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
285 Division St Algoma, WI Part of Algoma's story, this charming 3-bed, 1-bath home blends simplicity, space, and loc...	3 beds \| 1 baths \| 1,178 sq.ft.	$206,900	Airbnb cash on cash: 4% Traditional cash on cash: 6.86% Airbnb Rental Income: $1735 Traditional Rental Income: $1818 Airbnb ROI: 4% Traditional ROI: 6.86%
602 Flora Ave Algoma, WI Investor or Owner-Occupied Opportunity in Algoma! Nestled in a quiet neighborhood near Lak...	3 beds \| 2 baths \| 2,243 sq.ft.	$185,000	Airbnb cash on cash: 4.41% Traditional cash on cash: 10.84% Airbnb Rental Income: $1735 Traditional Rental Income: $2387 Airbnb ROI: 4.41% Traditional ROI: 10.84%
N5978 W ALASKA LAKE Road Algoma, WI Experience the tranquility of West Alaska Lake with 217 feet of private shoreline adorned ...	2 beds \| 2 baths \| 1,546 sq.ft.	$499,000	Airbnb cash on cash: -0.9% Traditional cash on cash: 3.3% Airbnb Rental Income: $865 Traditional Rental Income: $2491 Airbnb ROI: -0.9% Traditional ROI: 3.3%
525 KIRKLAND Avenue Algoma, WI Sun-filled ranch w/ character & many features over & above a completed construction includ...	3 beds \| 2 baths \| 1,618 sq.ft.	$444,000	Airbnb cash on cash: -0.03% Traditional cash on cash: 2.99% Airbnb Rental Income: $1735 Traditional Rental Income: $2514 Airbnb ROI: -0.03% Traditional ROI: 2.99%
212 N WATER Street Algoma, WI Great investment opportunity! This 2-family has 2 bedrooms up, 1 bedroom down, once a sing...	N/A beds \| N/A baths \| 1,860 sq.ft.	$114,500	Airbnb cash on cash: N/A Traditional cash on cash: 9.73% Airbnb Rental Income: $null Traditional Rental Income: $1466 Airbnb ROI: N/A Traditional ROI: 9.73%
237 MILL Street Algoma, WI OPPORTUNITY meets OPTIONS while you make this property everything you dream it could be! T...	N/A beds \| N/A baths \| 2,193 sq.ft.	$189,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.01% Airbnb Rental Income: $null Traditional Rental Income: $1620 Airbnb ROI: N/A Traditional ROI: 6.01%
1517 NAVARINO Street Algoma, WI Recently updated 3-bedroom, 2-bath ranch home. The kitchen has been redone as well as the ...	3 beds \| 2 baths \| 1,360 sq.ft.	$269,900	Airbnb cash on cash: 2.56% Traditional cash on cash: 7.27% Airbnb Rental Income: $1735 Traditional Rental Income: $2457 Airbnb ROI: 2.56% Traditional ROI: 7.27%
815 SUNSET Avenue Algoma, WI This welcoming 2 bedroom, 1 bath ranch is filled with natural light that instantly makes t...	2 beds \| 1 baths \| 987 sq.ft.	$199,900	Airbnb cash on cash: 0.08% Traditional cash on cash: 5.43% Airbnb Rental Income: $865 Traditional Rental Income: $1547 Airbnb ROI: 0.08% Traditional ROI: 5.43%

Real Estate investment in Algoma, WI

There are 8 properties for sale in the city of Algoma . The median list price in Algoma is $203,400 and the average price per square foot is $125. In December 2025, the average monthly cash on cash return in Algoma is 1.00%. The average monthly rental income in Algoma is $919.

Algoma, WI Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 8 investment properties available for sale in Algoma.

In 2025, the best neighborhood to buy investment property is Algoma.

The ROI for Short-Term is higher than the Long-Term in Algoma with average rental income of $1,523.

Your search for investment property begins and ends here

Investment Property for Sale in Algoma, WI

285 Division St

Algoma, WI

3 beds | 1 baths | 1,178 sq.ft.

$206,900

Airbnb cash on cash: 4%

Traditional cash on cash: 6.86%

Airbnb Rental Income: $1735

Traditional Rental Income: $1818

Airbnb ROI: 4%

Traditional ROI: 6.86%

602 Flora Ave

Algoma, WI

3 beds | 2 baths | 2,243 sq.ft.

$185,000

Airbnb cash on cash: 4.41%

Traditional cash on cash: 10.84%

Airbnb Rental Income: $1735

Traditional Rental Income: $2387

Airbnb ROI: 4.41%

Traditional ROI: 10.84%

N5978 W ALASKA LAKE Road

Algoma, WI

2 beds | 2 baths | 1,546 sq.ft.

$499,000

Airbnb cash on cash: -0.9%

Traditional cash on cash: 3.3%

Airbnb Rental Income: $865

Traditional Rental Income: $2491

Airbnb ROI: -0.9%

Traditional ROI: 3.3%

525 KIRKLAND Avenue

Algoma, WI

3 beds | 2 baths | 1,618 sq.ft.

$444,000

Airbnb cash on cash: -0.03%

Traditional cash on cash: 2.99%

Airbnb Rental Income: $1735

Traditional Rental Income: $2514

Airbnb ROI: -0.03%

Traditional ROI: 2.99%

212 N WATER Street

Algoma, WI

N/A beds | N/A baths | 1,860 sq.ft.

$114,500

Airbnb cash on cash: N/A

Traditional cash on cash: 9.73%

Airbnb Rental Income: $null

Traditional Rental Income: $1466

Airbnb ROI: N/A

Traditional ROI: 9.73%

237 MILL Street

Algoma, WI

N/A beds | N/A baths | 2,193 sq.ft.

$189,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.01%

Airbnb Rental Income: $null

Traditional Rental Income: $1620

Airbnb ROI: N/A

Traditional ROI: 6.01%

1517 NAVARINO Street

Algoma, WI

3 beds | 2 baths | 1,360 sq.ft.

$269,900

Airbnb cash on cash: 2.56%

Traditional cash on cash: 7.27%

Airbnb Rental Income: $1735

Traditional Rental Income: $2457

Airbnb ROI: 2.56%

Traditional ROI: 7.27%

815 SUNSET Avenue

Algoma, WI

2 beds | 1 baths | 987 sq.ft.

$199,900

Airbnb cash on cash: 0.08%

Traditional cash on cash: 5.43%

Airbnb Rental Income: $865

Traditional Rental Income: $1547

Airbnb ROI: 0.08%