Real Estate Investment Properties for Sale in Lake Mills, WI

Looking for investment property in Lake Mills, WI with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
W7986 County Road B #13 Lake Mills, WI This stunning BRAND NEW single family lakefront unit provides a rare opportunity to have w...	3 beds \| 2 baths \| 2,176 sq.ft.	$735,000	Airbnb cash on cash: -0.44% Traditional cash on cash: 2.46% Airbnb Rental Income: $1540 Traditional Rental Income: $3082 Airbnb ROI: -0.44% Traditional ROI: 2.46%
800 N Main Street Lake Mills, WI This classic Victorian home offers character and versatility on a generous 3/4~acre lot. C...	5 beds \| N/A baths \| N/A	$375,000	Airbnb cash on cash: 4.09% Traditional cash on cash: 4.38% Airbnb Rental Income: $2892 Traditional Rental Income: $2321 Airbnb ROI: 4.09% Traditional ROI: 4.38%
1204 S Main Street #5 Lake Mills, WI Perfectly positioned along the scenic Glacial Drumlin State Trail & just minutes from Rock...	3 beds \| 4 baths \| 2,532 sq.ft.	$485,000	Airbnb cash on cash: -0.38% Traditional cash on cash: 3.54% Airbnb Rental Income: $1540 Traditional Rental Income: $2874 Airbnb ROI: -0.38% Traditional ROI: 3.54%
605 W Madison St Lake Mills, WI There is much to LOVE about this charming 1920s Colonial with modern updates! A great fron...	3 beds \| 1 baths \| 1,536 sq.ft.	$389,900	Airbnb cash on cash: 0.75% Traditional cash on cash: 2.1% Airbnb Rental Income: $1540 Traditional Rental Income: $1586 Airbnb ROI: 0.75% Traditional ROI: 2.1%
897 E Lake St #109 Lake Mills, WI 897 E Lake St #109, Lake Mills, WI 53551 \| Single Family Residential	3 beds \| 2 baths \| 1,086 sq.ft.	$139,900	Airbnb cash on cash: 4.65% Traditional cash on cash: 6.89% Airbnb Rental Income: $1540 Traditional Rental Income: $1395 Airbnb ROI: 4.65% Traditional ROI: 6.89%
680 Enterprise Dr Lake Mills, WI 680 Enterprise Dr, Lake Mills, WI 53551 \| Other	N/A beds \| N/A baths \| N/A	$200,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.7% Airbnb Rental Income: $null Traditional Rental Income: $494 Airbnb ROI: N/A Traditional ROI: -0.7%
101 Church St Lake Mills, WI 101 Church St, Lake Mills, WI 53551 \| Condo/Coop	3 beds \| N/A baths \| 2,964 sq.ft.	$389,500	Airbnb cash on cash: -1.37% Traditional cash on cash: 0.32% Airbnb Rental Income: $1540 Traditional Rental Income: $1710 Airbnb ROI: -1.37% Traditional ROI: 0.32%
N6480 Shorewood Hills Road Lake Mills, WI Motivated Seller! Experience exceptional lake living on Rock Lake in picturesque Lake Mill...	4 beds \| 3 baths \| 2,789 sq.ft.	$1,150,000	Airbnb cash on cash: 0.3% Traditional cash on cash: 1.41% Airbnb Rental Income: $2863 Traditional Rental Income: $3382 Airbnb ROI: 0.3% Traditional ROI: 1.41%
330 E Tyranena Park Rd #2 Lake Mills, WI 330 E Tyranena Park Rd #2, Lake Mills, WI 53551 \| Condo/Coop	2 beds \| 1 baths \| 1,029 sq.ft.	$230,000	Airbnb cash on cash: -2.26% Traditional cash on cash: 0.46% Airbnb Rental Income: $752 Traditional Rental Income: $1030 Airbnb ROI: -2.26% Traditional ROI: 0.46%
135 Pinnacle Dr Lake Mills, WI This stunning Lake Mills ranch brings thoughtful updates, openness, and function together ...	3 beds \| 3 baths \| 3,627 sq.ft.	$650,000	Airbnb cash on cash: -0.63% Traditional cash on cash: 2.13% Airbnb Rental Income: $1540 Traditional Rental Income: $2772 Airbnb ROI: -0.63% Traditional ROI: 2.13%
W8147 Elm Point Rd Lake Mills, WI W8147 Elm Point Rd, Lake Mills, WI 53551 \| Single Family Residential	2 beds \| 1 baths \| 946 sq.ft.	$550,000	Airbnb cash on cash: -2.16% Traditional cash on cash: -1.26% Airbnb Rental Income: $752 Traditional Rental Income: $904 Airbnb ROI: -2.16% Traditional ROI: -1.26%
721 W Madison St Lake Mills, WI 721 W Madison St, Lake Mills, WI 53551 \| Single Family Residential	3 beds \| 2 baths \| 1,456 sq.ft.	$325,000	Airbnb cash on cash: 0.45% Traditional cash on cash: 2.32% Airbnb Rental Income: $1540 Traditional Rental Income: $1665 Airbnb ROI: 0.45% Traditional ROI: 2.32%
212 South Main Lake Mills, WI Showings start 5/8. Charming 1.5-story bungalow blending classic character with thoughtful...	4 beds \| 2 baths \| 1,850 sq.ft.	$449,900	Airbnb cash on cash: 2.16% Traditional cash on cash: 2.39% Airbnb Rental Income: $2863 Traditional Rental Income: $2295 Airbnb ROI: 2.16% Traditional ROI: 2.39%
1040 Center St Lake Mills, WI 1040 Center St, Lake Mills, WI 53551 \| Single Family Residential	4 beds \| 2 baths \| 1,920 sq.ft.	$424,999	Airbnb cash on cash: 2.42% Traditional cash on cash: 1.19% Airbnb Rental Income: $2863 Traditional Rental Income: $1705 Airbnb ROI: 2.42% Traditional ROI: 1.19%
W8135 Elm Point Rd Lake Mills, WI W8135 Elm Point Rd, Lake Mills, WI 53551 \| Single Family Residential	2 beds \| 1 baths \| 720 sq.ft.	$525,000	Airbnb cash on cash: -2.13% Traditional cash on cash: -1.36% Airbnb Rental Income: $752 Traditional Rental Income: $818 Airbnb ROI: -2.13% Traditional ROI: -1.36%
814 Highland Road Lake Mills, WI The Rock Lake home youâve been waiting for. 96 ft of beautiful frontage, mature trees, a...	4 beds \| 2 baths \| 3,148 sq.ft.	$1,500,000	Airbnb cash on cash: -0.98% Traditional cash on cash: -0.34% Airbnb Rental Income: $2863 Traditional Rental Income: $3077 Airbnb ROI: -0.98% Traditional ROI: -0.34%

Real Estate investment in Lake-mills, WI

There are 24 properties for sale in the city of Lake Mills . The median list price in Lake Mills is $389,900 and the average price per square foot is $190. In May 2026, the average monthly cash on cash return in Lake Mills is 2.00%. The average monthly rental income in Lake Mills is $2,321.

Lake-mills, WI Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 24 investment properties available for sale in Lake-mills.

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

The ROI for Long-Term is higher than the Short-Term in Lake-mills with average rental income of $2,321.

Your search for investment property begins and ends here

Investment Property for Sale in Lake Mills, WI

W7986 County Road B #13

Lake Mills, WI

3 beds | 2 baths | 2,176 sq.ft.

$735,000

Airbnb cash on cash: -0.44%

Traditional cash on cash: 2.46%

Airbnb Rental Income: $1540

Traditional Rental Income: $3082

Airbnb ROI: -0.44%

Traditional ROI: 2.46%

800 N Main Street

Lake Mills, WI

5 beds | N/A baths | N/A

$375,000

Airbnb cash on cash: 4.09%

Traditional cash on cash: 4.38%

Airbnb Rental Income: $2892

Traditional Rental Income: $2321

Airbnb ROI: 4.09%

Traditional ROI: 4.38%

1204 S Main Street #5

Lake Mills, WI

3 beds | 4 baths | 2,532 sq.ft.

$485,000

Airbnb cash on cash: -0.38%

Traditional cash on cash: 3.54%

Airbnb Rental Income: $1540

Traditional Rental Income: $2874

Airbnb ROI: -0.38%

Traditional ROI: 3.54%

605 W Madison St

Lake Mills, WI

3 beds | 1 baths | 1,536 sq.ft.

$389,900

Airbnb cash on cash: 0.75%

Traditional cash on cash: 2.1%

Airbnb Rental Income: $1540

Traditional Rental Income: $1586

Airbnb ROI: 0.75%

Traditional ROI: 2.1%

897 E Lake St #109

Lake Mills, WI

3 beds | 2 baths | 1,086 sq.ft.

$139,900

Airbnb cash on cash: 4.65%

Traditional cash on cash: 6.89%

Airbnb Rental Income: $1540

Traditional Rental Income: $1395

Airbnb ROI: 4.65%

Traditional ROI: 6.89%

680 Enterprise Dr

Lake Mills, WI

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

$200,000

Airbnb cash on cash: N/A

Traditional cash on cash: -0.7%

Airbnb Rental Income: $null

Traditional Rental Income: $494

Airbnb ROI: N/A

Traditional ROI: -0.7%

101 Church St

Lake Mills, WI

3 beds | N/A baths | 2,964 sq.ft.

$389,500

Airbnb cash on cash: -1.37%

Traditional cash on cash: 0.32%

Airbnb Rental Income: $1540

Traditional Rental Income: $1710

Airbnb ROI: -1.37%

Traditional ROI: 0.32%

N6480 Shorewood Hills Road

Lake Mills, WI

4 beds | 3 baths | 2,789 sq.ft.

$1,150,000

Airbnb cash on cash: 0.3%

Traditional cash on cash: 1.41%

Airbnb Rental Income: $2863

Traditional Rental Income: $3382

Airbnb ROI: 0.3%