Real Estate Investment Properties for Sale in Ephraim, WI

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
9914 Water St Ephraim, WI Relax and unwind in your own slice of paradise! This beautifully furnished 1 bedroom vaca...	1 beds \| 1 baths \| 590 sq.ft.	$228,000	Airbnb cash on cash: -2.19% Traditional cash on cash: -3.35% Airbnb Rental Income: $2058 Traditional Rental Income: $1276 Airbnb ROI: -2.19% Traditional ROI: -3.35%
3044 Meadow Ln Ephraim, WI Location, Location, location! This charming home sits on just over an acre along a quite, ...	3 beds \| 3 baths \| 1,657 sq.ft.	$500,000	Airbnb cash on cash: 4.92% Traditional cash on cash: 3.35% Airbnb Rental Income: $3983 Traditional Rental Income: $2400 Airbnb ROI: 4.92% Traditional ROI: 3.35%
2856 Velvaere Ct Ephraim, WI 2856 Velvaere Ct, Ephraim, WI 54211 \| Other	N/A beds \| N/A baths \| N/A	$395,000	Airbnb cash on cash: 5.94% Traditional cash on cash: -1.01% Airbnb Rental Income: $4236 Traditional Rental Income: $766 Airbnb ROI: 5.94% Traditional ROI: -1.01%
Investment Properties for Sale in Other Cities of Wisconsin
8037 41st Ave #29C Kenosha , WI Seller will not complete any repairs to the subject property either lender or buyer reques...	2 beds \| 2 baths \| 1,082 sq.ft.	$184,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.75% Airbnb Rental Income: $null Traditional Rental Income: $1679 Airbnb ROI: N/A Traditional ROI: 6.75%
5607 N Argyle Ave Glendale , WI Well-kept 3BR, 1.5BA Brick Ranch in the Crestwood subdivision of Glendale. Conveniently lo...	3 beds \| 2 baths \| 1,709 sq.ft.	$270,999	Airbnb cash on cash: -0.61% Traditional cash on cash: 5.91% Airbnb Rental Income: $1091 Traditional Rental Income: $2385 Airbnb ROI: -0.61% Traditional ROI: 5.91%
8104 W Center St Milwaukee , WI Beautiful, well-kept open concept Cape Cod home in a desirable location very close to Wauw...	3 beds \| 2 baths \| 1,834 sq.ft.	$325,000	Airbnb cash on cash: 0.62% Traditional cash on cash: 4.66% Airbnb Rental Income: $1504 Traditional Rental Income: $2298 Airbnb ROI: 0.62% Traditional ROI: 4.66%
4421 N 80th St Milwaukee , WI Welcome to this charming Cape Cod in the sought-after Arlington Gardens neighborhood! Insi...	2 beds \| 2 baths \| 1,428 sq.ft.	$219,000	Airbnb cash on cash: -0.62% Traditional cash on cash: 5.7% Airbnb Rental Income: $1051 Traditional Rental Income: $1999 Airbnb ROI: -0.62% Traditional ROI: 5.7%
234 E Reservoir Ave #203 Milwaukee , WI Stylish and Full of Character, this 2 Bedroom/2 Bath Condo (with Den) offers an Open-Conce...	2 beds \| 2 baths \| 1,200 sq.ft.	$295,000	Airbnb cash on cash: -1.8% Traditional cash on cash: 2.14% Airbnb Rental Income: $966 Traditional Rental Income: $1711 Airbnb ROI: -1.8% Traditional ROI: 2.14%
170 S 64th St Milwaukee , WI Make yourself right at home in this beautiful move-in-ready bungalow on South 64th Street....	3 beds \| 1 baths \| 1,081 sq.ft.	$170,000	Airbnb cash on cash: 3.71% Traditional cash on cash: 7.36% Airbnb Rental Income: $1454 Traditional Rental Income: $1614 Airbnb ROI: 3.71% Traditional ROI: 7.36%
2354 S 16th St Milwaukee , WI Completely refreshed inside and out, this 2 bedroom, 1 full bath home is located in Milwau...	2 beds \| 1 baths \| 944 sq.ft.	$199,900	Airbnb cash on cash: 0.32% Traditional cash on cash: 3.88% Airbnb Rental Income: $889 Traditional Rental Income: $1226 Airbnb ROI: 0.32% Traditional ROI: 3.88%
6218 N 105th St Milwaukee , WI Welcome to this Charming Tudor-style 3 Bed, 1.5 Bath home filled with timeless character a...	3 beds \| 2 baths \| 1,335 sq.ft.	$259,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.04% Airbnb Rental Income: $null Traditional Rental Income: $2190 Airbnb ROI: N/A Traditional ROI: 6.04%
904 E Pearson St #113 Milwaukee , WI Carefree condo living awaits at Western Leather Lofts! This desirable loft style condo boa...	2 beds \| 2 baths \| 1,147 sq.ft.	$260,000	Airbnb cash on cash: -1.23% Traditional cash on cash: 2.81% Airbnb Rental Income: $1123 Traditional Rental Income: $1739 Airbnb ROI: -1.23% Traditional ROI: 2.81%
1925 N Water St #100 Milwaukee , WI Riverbridge Condominiums are located right on the riverwalk for a convenient walk downtown...	2 beds \| 2 baths \| 1,490 sq.ft.	$364,900	Airbnb cash on cash: -0.86% Traditional cash on cash: 4.29% Airbnb Rental Income: $1123 Traditional Rental Income: $2511 Airbnb ROI: -0.86% Traditional ROI: 4.29%
1905 N Water St #409 Milwaukee , WI Located between Water Street and Brady--just minutes from the Fiserv Forum and with direct...	1 beds \| 1 baths \| 1,139 sq.ft.	$295,000	Airbnb cash on cash: -0.81% Traditional cash on cash: 2.37% Airbnb Rental Income: $1144 Traditional Rental Income: $1647 Airbnb ROI: -0.81% Traditional ROI: 2.37%
1313 N Franklin Pl #1002 Milwaukee , WI Embrace elevated downtown living at the prestigious Breakwater. This 10th-floor 1BR, 1.5BA...	1 beds \| 2 baths \| 1,119 sq.ft.	$449,900	Airbnb cash on cash: -1.57% Traditional cash on cash: 1.25% Airbnb Rental Income: $1105 Traditional Rental Income: $1920 Airbnb ROI: -1.57% Traditional ROI: 1.25%
9811 DEER TRAIL ROAD #3 Tomahawk , WI Beautiful low maintenance condominium on Lake Nokomis! This unit features 3 bedrooms, 3 fu...	3 beds \| 3 baths \| 2,490 sq.ft.	$465,000	Airbnb cash on cash: -0.55% Traditional cash on cash: 6.19% Airbnb Rental Income: $867 Traditional Rental Income: $3470 Airbnb ROI: -0.55% Traditional ROI: 6.19%
W5526 Rolling Acres Lane Monroe , WI Nestled in a prime location, this property is a true sanctuary. Weâre talking updates ga...	3 beds \| 2 baths \| 1,348 sq.ft.	$395,000	Airbnb cash on cash: 0.96% Traditional cash on cash: 3.43% Airbnb Rental Income: $1549 Traditional Rental Income: $2016 Airbnb ROI: 0.96% Traditional ROI: 3.43%

Real Estate investment in Ephraim, WI

There are 3 properties for sale in the city of Ephraim . The median list price in Ephraim is $359,900 and the average price per square foot is $137. In January 2026, the average monthly cash on cash return in Ephraim is 2.00%. The average monthly rental income in Ephraim is $1,101.

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

There are 3 investment properties available for sale in Ephraim.

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

The ROI for Long-Term is higher than the Short-Term in Ephraim with average rental income of $1,101.

Your search for investment property begins and ends here

Investment Property for Sale in Ephraim, WI

9914 Water St

Ephraim, WI

1 beds | 1 baths | 590 sq.ft.

$228,000

Airbnb cash on cash: -2.19%

Traditional cash on cash: -3.35%

Airbnb Rental Income: $2058

Traditional Rental Income: $1276

Airbnb ROI: -2.19%

Traditional ROI: -3.35%

3044 Meadow Ln

Ephraim, WI

3 beds | 3 baths | 1,657 sq.ft.

$500,000

Airbnb cash on cash: 4.92%

Traditional cash on cash: 3.35%

Airbnb Rental Income: $3983

Traditional Rental Income: $2400

Airbnb ROI: 4.92%

Traditional ROI: 3.35%

2856 Velvaere Ct

Ephraim, WI

N/A beds | N/A baths | N/A

$395,000

Airbnb cash on cash: 5.94%

Traditional cash on cash: -1.01%

Airbnb Rental Income: $4236

Traditional Rental Income: $766

Airbnb ROI: 5.94%

Traditional ROI: -1.01%

Investment Properties for Sale in Other Cities of Wisconsin

Kenosha , WI

2 beds | 2 baths | 1,082 sq.ft.

$184,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.75%

Airbnb Rental Income: $null

Traditional Rental Income: $1679

Airbnb ROI: N/A

Traditional ROI: 6.75%

Glendale , WI

3 beds | 2 baths | 1,709 sq.ft.

$270,999

Airbnb cash on cash: -0.61%

Traditional cash on cash: 5.91%

Airbnb Rental Income: $1091

Traditional Rental Income: $2385

Airbnb ROI: -0.61%

Traditional ROI: 5.91%

Milwaukee , WI

3 beds | 2 baths | 1,834 sq.ft.

$325,000

Airbnb cash on cash: 0.62%

Traditional cash on cash: 4.66%

Airbnb Rental Income: $1504

Traditional Rental Income: $2298

Airbnb ROI: 0.62%

Traditional ROI: 4.66%

Milwaukee , WI

2 beds | 2 baths | 1,428 sq.ft.

$219,000

Airbnb cash on cash: -0.62%

Traditional cash on cash: 5.7%

Airbnb Rental Income: $1051

Traditional Rental Income: $1999

Airbnb ROI: -0.62%

Traditional ROI: 5.7%

Milwaukee , WI

2 beds | 2 baths | 1,200 sq.ft.

$295,000

Airbnb cash on cash: -1.8%

Traditional cash on cash: 2.14%

Airbnb Rental Income: $966

Traditional Rental Income: $1711

Airbnb ROI: -1.8%

Traditional ROI: 2.14%

Milwaukee , WI

3 beds | 1 baths | 1,081 sq.ft.

$170,000