Real Estate Investment Properties for Sale in Germantown, WI

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
W162n9761 Mayflower Dr Germantown, WI Welcome home to this charming and lovingly cared-for ranch, where comfort meets convenienc...	3 beds \| 1 baths \| 1,000 sq.ft.	$299,900	Airbnb cash on cash: 2.99% Traditional cash on cash: 4.71% Airbnb Rental Income: $2036 Traditional Rental Income: $1995 Airbnb ROI: 2.99% Traditional ROI: 4.71%
N114w16680 Crown Dr #7 Germantown, WI A relaxing retreat in a great location, peaceful surroundings and ease to get to so many g...	2 beds \| 1 baths \| 936 sq.ft.	$165,000	Airbnb cash on cash: 1.75% Traditional cash on cash: 6.03% Airbnb Rental Income: $1050 Traditional Rental Income: $1360 Airbnb ROI: 1.75% Traditional ROI: 6.03%
W125n11011 Strawgrass Ln Germantown, WI Welcome to this immaculate, open-concept home that combines modern design with luxurious d...	3 beds \| 3 baths \| 2,302 sq.ft.	$739,900	Airbnb cash on cash: -0.27% Traditional cash on cash: 1.87% Airbnb Rental Income: $2036 Traditional Rental Income: $2986 Airbnb ROI: -0.27% Traditional ROI: 1.87%
W170n11583 Armada Dr Germantown, WI Everything you would want in a condominium and more! Much desired end unit. Newly painted,...	2 beds \| 1 baths \| 869 sq.ft.	$171,000	Airbnb cash on cash: 1.52% Traditional cash on cash: 4.07% Airbnb Rental Income: $1050 Traditional Rental Income: $1102 Airbnb ROI: 1.52% Traditional ROI: 4.07%
W144n10327 Raintree Dr Germantown, WI Welcome to this beautifully updated colonial in one of G-Town's most desirable neighborhoo...	4 beds \| 4 baths \| 3,776 sq.ft.	$619,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.02% Airbnb Rental Income: $null Traditional Rental Income: $3197 Airbnb ROI: N/A Traditional ROI: 3.02%
W165n10401 Wagon Trl Germantown, WI Move in ready and full of updates, this 3-bedroom, 1.5 bath Germantown home is the perfect...	3 beds \| 2 baths \| 1,776 sq.ft.	$425,000	Airbnb cash on cash: 1.53% Traditional cash on cash: 3.79% Airbnb Rental Income: $2036 Traditional Rental Income: $2411 Airbnb ROI: 1.53% Traditional ROI: 3.79%
N116w21019 Brynwood Lane Germantown, WI THIS IS A MOBILE HOME! MONTHLY LOT RENTAL IS $825 PER MONTH AND INCLUDES GARBAGE PICK UP A...	2 beds \| 1 baths \| 1,200 sq.ft.	$59,900	Airbnb cash on cash: -8.14% Traditional cash on cash: 3.31% Airbnb Rental Income: $1050 Traditional Rental Income: $1374 Airbnb ROI: -8.14% Traditional ROI: 3.31%
N97w14613 Rimrock Rd Germantown, WI Welcome home to this beautiful 5 bedroom, 3.5 bath gem in the highly sought after Tree Top...	5 beds \| 4 baths \| 4,836 sq.ft.	$724,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.29% Airbnb Rental Income: $null Traditional Rental Income: $3872 Airbnb ROI: N/A Traditional ROI: 3.29%
W168n10125 Bittersweet Trl Germantown, WI Welcome home to The PRESCOTT PLAN by Stepping Stone Homes, an award-winning home builder. ...	4 beds \| 3 baths \| 2,499 sq.ft.	$624,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.7% Airbnb Rental Income: $null Traditional Rental Income: $3051 Airbnb ROI: N/A Traditional ROI: 3.7%
W156n10303 Pilgrim Rd Germantown, WI ROOF NEW in 2018 w/50 year warranty! Welcome home to this 3 bed/2 bath colonial with a pri...	3 beds \| 2 baths \| 2,044 sq.ft.	$448,900	Airbnb cash on cash: 1.29% Traditional cash on cash: 3.83% Airbnb Rental Income: $2036 Traditional Rental Income: $2576 Airbnb ROI: 1.29% Traditional ROI: 3.83%
N101w16795 Gunflint Trl Germantown, WI Welcome home to The ROSEBUD PLAN by Stepping Stone Homes, an award-winning home builder. O...	3 beds \| 2 baths \| 1,766 sq.ft.	$599,900	Airbnb cash on cash: 1.15% Traditional cash on cash: 2.91% Airbnb Rental Income: $2036 Traditional Rental Income: $2492 Airbnb ROI: 1.15% Traditional ROI: 2.91%
N101w16765 Gunflint Trl Germantown, WI .Welcome home to The MADISON PLAN by Stepping Stone Homes, an award-winning home builder. ...	4 beds \| 3 baths \| 2,211 sq.ft.	$639,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.47% Airbnb Rental Income: $null Traditional Rental Income: $2972 Airbnb ROI: N/A Traditional ROI: 3.47%
W168n10195 Bittersweet Trl Germantown, WI Welcome home to The GENEVA by Stepping Stone Homes, an award-winning home builder. Open fl...	4 beds \| 3 baths \| 2,238 sq.ft.	$643,398	Airbnb cash on cash: N/A Traditional cash on cash: 3.45% Airbnb Rental Income: $null Traditional Rental Income: $2972 Airbnb ROI: N/A Traditional ROI: 3.45%
W178n10298 WHITETAIL Run Germantown, WI Welcome to this well-maintained beautiful one-owner-home nestled in the heart of Germantow...	3 beds \| 3 baths \| 2,949 sq.ft.	$515,000	Airbnb cash on cash: 0.67% Traditional cash on cash: 3.49% Airbnb Rental Income: $2036 Traditional Rental Income: $2864 Airbnb ROI: 0.67% Traditional ROI: 3.49%
N99w14143 Seven Pines Way #A Germantown, WI YOU'LL LOVE THIS FIRST FLOOR, STAIRLESS, OPEN CONCEPT Condo featuring 2 bedrooms, 2 full b...	2 beds \| 2 baths \| 1,409 sq.ft.	$315,000	Airbnb cash on cash: -0.08% Traditional cash on cash: 4.65% Airbnb Rental Income: $1050 Traditional Rental Income: $2088 Airbnb ROI: -0.08% Traditional ROI: 4.65%
N114w15680 Sylvan Cir #7 Germantown, WI Enjoy affordable, convenient living in this 2-bedroom, 1-bath Germantown condo! Tucked in ...	2 beds \| 1 baths \| 875 sq.ft.	$129,900	Airbnb cash on cash: 2.54% Traditional cash on cash: 7.82% Airbnb Rental Income: $1050 Traditional Rental Income: $1345 Airbnb ROI: 2.54% Traditional ROI: 7.82%
N115w17131 Armada Dr Germantown, WI Introducing this charming first floor, end unit condo with a comfortable 869 square feet o...	2 beds \| 1 baths \| 869 sq.ft.	$174,000	Airbnb cash on cash: 1.54% Traditional cash on cash: 5.54% Airbnb Rental Income: $1050 Traditional Rental Income: $1349 Airbnb ROI: 1.54% Traditional ROI: 5.54%
W147n9955 Emerald Ln Germantown, WI Wow, only a transfer can make this happen. 2002 past ''Parade of Homes''. This is exceptio...	5 beds \| 4 baths \| 4,544 sq.ft.	$799,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.93% Airbnb Rental Income: $null Traditional Rental Income: $3910 Airbnb ROI: N/A Traditional ROI: 2.93%
W168n11062 Ashbury Cir #7 Germantown, WI Enjoy easy living in this peaceful, updated, 2 bedroom condo in a coveted condominium asso...	2 beds \| 1 baths \| 1,127 sq.ft.	$200,000	Airbnb cash on cash: 0.91% Traditional cash on cash: 5.44% Airbnb Rental Income: $1050 Traditional Rental Income: $1545 Airbnb ROI: 0.91% Traditional ROI: 5.44%
N110w17098 Ashbury Ln #5 Germantown, WI Very private,w/wooded area adjacent to your bacunit. First floor back end unit. Split floo...	2 beds \| 2 baths \| 1,050 sq.ft.	$212,500	Airbnb cash on cash: 0.77% Traditional cash on cash: 6.05% Airbnb Rental Income: $1050 Traditional Rental Income: $1748 Airbnb ROI: 0.77% Traditional ROI: 6.05%
W156n9895 Pilgrim Rd Germantown, WI Come and see this spacious 4-bedroom, with bonus room, 2.5-bath, 2.5 car garage Colonial t...	4 beds \| 3 baths \| 2,282 sq.ft.	$434,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.68% Airbnb Rental Income: $null Traditional Rental Income: $2902 Airbnb ROI: N/A Traditional ROI: 4.68%
N128w13083 HIghland Rd Germantown, WI Discover this private retreat nestled on 2.8 wooded acres landscaped with vibrant shrubs ...	3 beds \| 2 baths \| 1,607 sq.ft.	$495,000	Airbnb cash on cash: 0.98% Traditional cash on cash: 2.7% Airbnb Rental Income: $2036 Traditional Rental Income: $2306 Airbnb ROI: 0.98% Traditional ROI: 2.7%
W168n10315 Wild Rose Ln Germantown, WI Discover this charming 4-bedroom, 3-bath home nestled on a quiet cul-de-sac in a welcoming...	4 beds \| 3 baths \| 2,543 sq.ft.	$529,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.82% Airbnb Rental Income: $null Traditional Rental Income: $3033 Airbnb ROI: N/A Traditional ROI: 3.82%
W158n11137 Legend Ave #7 Germantown, WI Inviting 2-bedroom, 1-bath condo nestled in a peaceful, well-maintained community with con...	2 beds \| 1 baths \| 850 sq.ft.	$129,900	Airbnb cash on cash: 2.76% Traditional cash on cash: 8.26% Airbnb Rental Income: $1050 Traditional Rental Income: $1372 Airbnb ROI: 2.76% Traditional ROI: 8.26%
W169n10528 Pheasant Run Germantown, WI Impressive at every turn! Special home invites the most fastidious buyers. Attentive own...	3 beds \| 2 baths \| 1,696 sq.ft.	$474,900	Airbnb cash on cash: 1.17% Traditional cash on cash: 2.99% Airbnb Rental Income: $2036 Traditional Rental Income: $2318 Airbnb ROI: 1.17% Traditional ROI: 2.99%
N97w17905 Mulberry Ct #D-34 Germantown, WI Welcome home to this ranch-style side-by-side condo in Germantown! Offering 2 bedrooms and...	2 beds \| 2 baths \| 1,500 sq.ft.	$299,900	Airbnb cash on cash: -0.05% Traditional cash on cash: 4.97% Airbnb Rental Income: $1050 Traditional Rental Income: $2104 Airbnb ROI: -0.05% Traditional ROI: 4.97%
W144n10968 FOND DU LAC Avenue Germantown, WI Welcome to this spacious 4-bedroom, 3-bath home that offers exceptional living space and a...	4 beds \| 3 baths \| 3,370 sq.ft.	$649,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.4% Airbnb Rental Income: $null Traditional Rental Income: $2828 Airbnb ROI: N/A Traditional ROI: 2.4%
W210n11631 Pinecrest Lane Germantown, WI THIS IS A MOBILE HOME! MONTHLY LOT RENTAL IS $825 PER MONTH AND INCLUDES GARBAGE PICK UP A...	2 beds \| 2 baths \| 1,200 sq.ft.	$75,000	Airbnb cash on cash: -7.15% Traditional cash on cash: 6.04% Airbnb Rental Income: $1050 Traditional Rental Income: $1663 Airbnb ROI: -7.15% Traditional ROI: 6.04%
N101w17188 Tanglewood Dr Germantown, WI Welcome home to The PRESCOTT PLAN by Stepping Stone Homes, an award-winning home builder. ...	4 beds \| 3 baths \| 2,499 sq.ft.	$678,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.32% Airbnb Rental Income: $null Traditional Rental Income: $3044 Airbnb ROI: N/A Traditional ROI: 3.32%
N114w16633 Royal Ct #4 Germantown, WI Home Run - and just in time for the holidays! Spacious 3-bedroom Condo with quality update...	3 beds \| 2 baths \| 1,208 sq.ft.	$228,900	Airbnb cash on cash: 4.23% Traditional cash on cash: 7.22% Airbnb Rental Income: $2036 Traditional Rental Income: $2155 Airbnb ROI: 4.23% Traditional ROI: 7.22%
N115w17121 Armada Dr Germantown, WI Take advantage of this upper condo featuring a balcony facing the beautiful golf course, o...	2 beds \| 1 baths \| 869 sq.ft.	$154,900	Airbnb cash on cash: 1.92% Traditional cash on cash: 6.52% Airbnb Rental Income: $1050 Traditional Rental Income: $1367 Airbnb ROI: 1.92% Traditional ROI: 6.52%
N115w21082 Brookside Circle Germantown, WI This is a Manufactured home! MONTHLY LOT RENTAL IS $825 PER MONTH AND INCLUDES GARBAGE PIC...	3 beds \| 2 baths \| 1,600 sq.ft.	$139,900	Airbnb cash on cash: -1.59% Traditional cash on cash: 3.19% Airbnb Rental Income: $2036 Traditional Rental Income: $2149 Airbnb ROI: -1.59% Traditional ROI: 3.19%
N99w17909 Appletree Ct #D-102 Germantown, WI Beautifully updated 2BR/2BA condo in the desirable Riversbend community of Germantown! Thi...	2 beds \| 2 baths \| 1,424 sq.ft.	$339,000	Airbnb cash on cash: -0.12% Traditional cash on cash: 4.1% Airbnb Rental Income: $1050 Traditional Rental Income: $2032 Airbnb ROI: -0.12% Traditional ROI: 4.1%
N114w16680 Crown Dr #5 Germantown, WI Why Rent When You Can Own? This charming 2nd-floor condo is move-in ready and waiting for ...	2 beds \| 1 baths \| 936 sq.ft.	$149,900	Airbnb cash on cash: 2.02% Traditional cash on cash: 6.86% Airbnb Rental Income: $1050 Traditional Rental Income: $1381 Airbnb ROI: 2.02% Traditional ROI: 6.86%
W143n10660 Magnolia Dr Germantown, WI Welcome home to this cared for Germantown Colonial tucked away in the Wooded Hills Subdivi...	4 beds \| 4 baths \| 3,040 sq.ft.	$539,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.63% Airbnb Rental Income: $null Traditional Rental Income: $3525 Airbnb ROI: N/A Traditional ROI: 4.63%
W144n10010 Sun Valley Trl Germantown, WI Welcome to this stunning, open-concept contemporary home located in the Village of Germant...	3 beds \| 2 baths \| 1,881 sq.ft.	$514,900	Airbnb cash on cash: 0.82% Traditional cash on cash: 2.86% Airbnb Rental Income: $2036 Traditional Rental Income: $2488 Airbnb ROI: 0.82% Traditional ROI: 2.86%

Real Estate investment in Germantown, WI

There are 36 properties for sale in the city of Germantown . The median list price in Germantown is $429,950 and the average price per square foot is $225. In November 2025, the average monthly cash on cash return in Germantown is 4.00%. The average monthly rental income in Germantown is $2,231.

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

There are 36 investment properties available for sale in Germantown.

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

The ROI for Long-Term is higher than the Short-Term in Germantown with average rental income of $2,231.

Your search for investment property begins and ends here

Investment Property for Sale in Germantown, WI

W162n9761 Mayflower Dr

Germantown, WI

3 beds | 1 baths | 1,000 sq.ft.

$299,900

Airbnb cash on cash: 2.99%

Traditional cash on cash: 4.71%

Airbnb Rental Income: $2036

Traditional Rental Income: $1995

Airbnb ROI: 2.99%

Traditional ROI: 4.71%

N114w16680 Crown Dr #7

Germantown, WI

2 beds | 1 baths | 936 sq.ft.

$165,000

Airbnb cash on cash: 1.75%

Traditional cash on cash: 6.03%

Airbnb Rental Income: $1050

Traditional Rental Income: $1360

Airbnb ROI: 1.75%

Traditional ROI: 6.03%

W125n11011 Strawgrass Ln

Germantown, WI

3 beds | 3 baths | 2,302 sq.ft.

$739,900

Airbnb cash on cash: -0.27%

Traditional cash on cash: 1.87%

Airbnb Rental Income: $2036

Traditional Rental Income: $2986

Airbnb ROI: -0.27%

Traditional ROI: 1.87%

W170n11583 Armada Dr

Germantown, WI

2 beds | 1 baths | 869 sq.ft.

$171,000

Airbnb cash on cash: 1.52%

Traditional cash on cash: 4.07%

Airbnb Rental Income: $1050

Traditional Rental Income: $1102

Airbnb ROI: 1.52%

Traditional ROI: 4.07%

W144n10327 Raintree Dr

Germantown, WI

4 beds | 4 baths | 3,776 sq.ft.

$619,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.02%

Airbnb Rental Income: $null

Traditional Rental Income: $3197

Airbnb ROI: N/A

Traditional ROI: 3.02%

W165n10401 Wagon Trl

Germantown, WI

3 beds | 2 baths | 1,776 sq.ft.

$425,000

Airbnb cash on cash: 1.53%

Traditional cash on cash: 3.79%

Airbnb Rental Income: $2036

Traditional Rental Income: $2411

Airbnb ROI: 1.53%

Traditional ROI: 3.79%

N116w21019 Brynwood Lane

Germantown, WI

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

$59,900

Airbnb cash on cash: -8.14%

Traditional cash on cash: 3.31%

Airbnb Rental Income: $1050

Traditional Rental Income: $1374

Airbnb ROI: -8.14%

Traditional ROI: 3.31%

N97w14613 Rimrock Rd

Germantown, WI

5 beds | 4 baths | 4,836 sq.ft.

$724,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.29%

Airbnb Rental Income: $null

Traditional Rental Income: $3872

Airbnb ROI: N/A