Real Estate Investment Properties for Sale in Friendship, WI

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1160 Chicago Lane Friendship, WI Beautiful waterfront lot with 70 feet of frontage and a private pier on the full-recreatio...	2 beds \| 1 baths \| 945 sq.ft.	$225,000	Airbnb cash on cash: 0.97% Traditional cash on cash: 5.44% Airbnb Rental Income: $1169 Traditional Rental Income: $1736 Airbnb ROI: 0.97% Traditional ROI: 5.44%
2165 Town Road Friendship, WI Step right into this 3-bedrrom 2-Bath home that is completely turnkey home. Plenty of natu...	3 beds \| 2 baths \| 1,296 sq.ft.	$199,999	Airbnb cash on cash: -0.01% Traditional cash on cash: 8.9% Airbnb Rental Income: $730 Traditional Rental Income: $2112 Airbnb ROI: -0.01% Traditional ROI: 8.9%
301 Raymond Street Friendship, WI Move right into this beautifully remodeled 3-bed, 1-bath home on a 0.4-acre corner lot in ...	3 beds \| 1 baths \| 1,316 sq.ft.	$250,000	Airbnb cash on cash: -0.42% Traditional cash on cash: 6.52% Airbnb Rental Income: $730 Traditional Rental Income: $2058 Airbnb ROI: -0.42% Traditional ROI: 6.52%
1884 County Road Z Friendship, WI This property has been fully transformed with all new electrical, plumbing, and septic sys...	3 beds \| 2 baths \| 1,800 sq.ft.	$249,000	Airbnb cash on cash: 0.26% Traditional cash on cash: 9.97% Airbnb Rental Income: $730 Traditional Rental Income: $2702 Airbnb ROI: 0.26% Traditional ROI: 9.97%
1176 Dakota Court Friendship, WI VPR ($350,000 - $375,000) Lake life and income potential all in one! This inviting 2BR, ...	2 beds \| 1 baths \| 1,264 sq.ft.	$350,000	Airbnb cash on cash: -0.16% Traditional cash on cash: 0.71% Airbnb Rental Income: $1169 Traditional Rental Income: $1071 Airbnb ROI: -0.16% Traditional ROI: 0.71%
1924 Goodin Road Friendship, WI Spectacular Sunsets on Castle Rock Lake! Lake view cottage in great condition with two be...	2 beds \| 1 baths \| 1,200 sq.ft.	$284,000	Airbnb cash on cash: 0.45% Traditional cash on cash: 3.72% Airbnb Rental Income: $1169 Traditional Rental Income: $1658 Airbnb ROI: 0.45% Traditional ROI: 3.72%
1892 A W 16th Avenue Friendship, WI This charming loft-style 2 bedroom, 1 bath A-frame cabin with a screened-in porch, present...	2 beds \| 1 baths \| 724 sq.ft.	$199,000	Airbnb cash on cash: 2.33% Traditional cash on cash: 5.5% Airbnb Rental Income: $1169 Traditional Rental Income: $1385 Airbnb ROI: 2.33% Traditional ROI: 5.5%
1948 Hill Avenue Friendship, WI Simply breathtaking! This custom-designed 3-bedroom, 3.5-bath home offers over 3,000 squar...	3 beds \| 4 baths \| 3,020 sq.ft.	$789,988	Airbnb cash on cash: -1.48% Traditional cash on cash: 2.6% Airbnb Rental Income: $730 Traditional Rental Income: $3421 Airbnb ROI: -1.48% Traditional ROI: 2.6%
1669 10th Avenue Friendship, WI Rare find and motivated seller! This Stunning 3BR, 3BA home on 35 acresâperfect for a ho...	3 beds \| 3 baths \| 2,098 sq.ft.	$630,000	Airbnb cash on cash: -1.2% Traditional cash on cash: 3.43% Airbnb Rental Income: $730 Traditional Rental Income: $3137 Airbnb ROI: -1.2% Traditional ROI: 3.43%
2102 Maple Street Friendship, WI Possible Seller Finacing w/20% down. Charming 2 Bed, 1 Bath Single Wide Manufactured home ...	2 beds \| 1 baths \| 924 sq.ft.	$144,900	Airbnb cash on cash: 2.63% Traditional cash on cash: 7.81% Airbnb Rental Income: $1169 Traditional Rental Income: $1504 Airbnb ROI: 2.63% Traditional ROI: 7.81%
311 Highway 21 Friendship, WI Broker owned home needs a furnace, repairs & lots of updates. Being sold "As Is". Remodeli...	3 beds \| 2 baths \| 1,176 sq.ft.	$249,900	Airbnb cash on cash: -0.31% Traditional cash on cash: 6.84% Airbnb Rental Income: $730 Traditional Rental Income: $2108 Airbnb ROI: -0.31% Traditional ROI: 6.84%
2101 French Street Friendship, WI Discover this cozy 2-bedroom, 1-bath ranch home just minutes from Castle Rock Lake. Enjoy ...	2 beds \| 1 baths \| 720 sq.ft.	$129,900	Airbnb cash on cash: 3.81% Traditional cash on cash: 9.15% Airbnb Rental Income: $1169 Traditional Rental Income: $1453 Airbnb ROI: 3.81% Traditional ROI: 9.15%
1868 & 1870 Duck Creek Drive Friendship, WI Investment property near Castle Rock Lake with immense potential!! Duplex with two units, ...	7 beds \| N/A baths \| N/A	$499,000	Airbnb cash on cash: 0.02% Traditional cash on cash: 4.73% Airbnb Rental Income: $1421 Traditional Rental Income: $3193 Airbnb ROI: 0.02% Traditional ROI: 4.73%
1835 10th Avenue Friendship, WI Totally Remodeled Raised Ranch on 10 Wooded Acres â Near Castle Rock Lake & Wisconsin De...	3 beds \| 2 baths \| 2,444 sq.ft.	$390,000	Airbnb cash on cash: -0.84% Traditional cash on cash: 5.7% Airbnb Rental Income: $730 Traditional Rental Income: $2811 Airbnb ROI: -0.84% Traditional ROI: 5.7%
1337 Chicago Court Friendship, WI Charming Terrace Home on 6 Acres in Preston Discover your serene retreat in the heart of ...	3 beds \| 4 baths \| 1,740 sq.ft.	$499,900	Airbnb cash on cash: -1.07% Traditional cash on cash: 3.73% Airbnb Rental Income: $730 Traditional Rental Income: $2661 Airbnb ROI: -1.07% Traditional ROI: 3.73%
402 A Quincy Street Friendship, WI Very Rare and unique opportunity to be a part of home ownership in a 55 and up community b...	2 beds \| 1 baths \| 1,160 sq.ft.	$144,900	Airbnb cash on cash: 2.45% Traditional cash on cash: 8.97% Airbnb Rental Income: $1169 Traditional Rental Income: $1691 Airbnb ROI: 2.45% Traditional ROI: 8.97%
1894 W 16th Avenue Friendship, WI Donât miss this rare opportunity to own a top-performing Airbnb near Castle Rock Lake! F...	2 beds \| 2 baths \| 1,040 sq.ft.	$289,000	Airbnb cash on cash: 1.04% Traditional cash on cash: 4.81% Airbnb Rental Income: $1169 Traditional Rental Income: $1813 Airbnb ROI: 1.04% Traditional ROI: 4.81%
209 E Lake Street Friendship, WI Discover this beautifully updated 1Â½-story home featuring 2 spacious bedrooms and 1 moder...	2 beds \| 1 baths \| 1,370 sq.ft.	$149,900	Airbnb cash on cash: 3.23% Traditional cash on cash: 9.97% Airbnb Rental Income: $1169 Traditional Rental Income: $1751 Airbnb ROI: 3.23% Traditional ROI: 9.97%
2029 Maple Street Friendship, WI Beautiful, move-in ready 2 bed, 1 bath manufactured home, just 5-minutes WALKING! distance...	2 beds \| 1 baths \| 980 sq.ft.	$228,000	Airbnb cash on cash: 1.79% Traditional cash on cash: 4.91% Airbnb Rental Income: $1169 Traditional Rental Income: $1459 Airbnb ROI: 1.79% Traditional ROI: 4.91%

Real Estate investment in Friendship, WI

There are 28 properties for sale in the city of Friendship . The median list price in Friendship is $199,500 and the average price per square foot is $142. In December 2025, the average monthly cash on cash return in Friendship is 8.00%. The average monthly rental income in Friendship is $1,879.

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

There are 28 investment properties available for sale in Friendship.

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

The ROI for Long-Term is higher than the Short-Term in Friendship with average rental income of $1,879.

Your search for investment property begins and ends here

Investment Property for Sale in Friendship, WI

1160 Chicago Lane

Friendship, WI

2 beds | 1 baths | 945 sq.ft.

$225,000

Airbnb cash on cash: 0.97%

Traditional cash on cash: 5.44%

Airbnb Rental Income: $1169

Traditional Rental Income: $1736

Airbnb ROI: 0.97%

Traditional ROI: 5.44%

2165 Town Road

Friendship, WI

3 beds | 2 baths | 1,296 sq.ft.

$199,999

Airbnb cash on cash: -0.01%

Traditional cash on cash: 8.9%

Airbnb Rental Income: $730

Traditional Rental Income: $2112

Airbnb ROI: -0.01%

Traditional ROI: 8.9%

301 Raymond Street

Friendship, WI

3 beds | 1 baths | 1,316 sq.ft.

$250,000

Airbnb cash on cash: -0.42%

Traditional cash on cash: 6.52%

Airbnb Rental Income: $730

Traditional Rental Income: $2058

Airbnb ROI: -0.42%

Traditional ROI: 6.52%

1884 County Road Z

Friendship, WI

3 beds | 2 baths | 1,800 sq.ft.

$249,000

Airbnb cash on cash: 0.26%

Traditional cash on cash: 9.97%

Airbnb Rental Income: $730

Traditional Rental Income: $2702

Airbnb ROI: 0.26%

Traditional ROI: 9.97%

1176 Dakota Court

Friendship, WI

2 beds | 1 baths | 1,264 sq.ft.

$350,000

Airbnb cash on cash: -0.16%

Traditional cash on cash: 0.71%

Airbnb Rental Income: $1169

Traditional Rental Income: $1071

Airbnb ROI: -0.16%

Traditional ROI: 0.71%

1924 Goodin Road

Friendship, WI

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

$284,000

Airbnb cash on cash: 0.45%

Traditional cash on cash: 3.72%

Airbnb Rental Income: $1169

Traditional Rental Income: $1658

Airbnb ROI: 0.45%

Traditional ROI: 3.72%

1892 A W 16th Avenue

Friendship, WI

2 beds | 1 baths | 724 sq.ft.

$199,000

Airbnb cash on cash: 2.33%

Traditional cash on cash: 5.5%

Airbnb Rental Income: $1169

Traditional Rental Income: $1385

Airbnb ROI: 2.33%

Traditional ROI: 5.5%

1948 Hill Avenue

Friendship, WI

3 beds | 4 baths | 3,020 sq.ft.

$789,988

Airbnb cash on cash: -1.48%

Traditional cash on cash: 2.6%

Airbnb Rental Income: $730

Traditional Rental Income: $3421

Airbnb ROI: -1.48%