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
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: 4.06% Traditional cash on cash: 4.43% Airbnb Rental Income: $2854 Traditional Rental Income: $2321 Airbnb ROI: 4.06% Traditional ROI: 4.43%
711 Cherokee Path Lake Mills, WI NEED MORE SPACE! Here it is! A very spacious and open second floor condo unit. Plenty of ...	3 beds \| 2 baths \| 2,275 sq.ft.	$342,500	Airbnb cash on cash: -0.8% Traditional cash on cash: 5.7% Airbnb Rental Income: $919 Traditional Rental Income: $2667 Airbnb ROI: -0.8% Traditional ROI: 5.7%
1204 S Main Street #5 Lake Mills, WI First showing to be Dec 13. Imagine starting your morning with a run along the Glacial Dru...	3 beds \| 4 baths \| 2,532 sq.ft.	$499,900	Airbnb cash on cash: -1.51% Traditional cash on cash: 3.41% Airbnb Rental Income: $919 Traditional Rental Income: $2874 Airbnb ROI: -1.51% Traditional ROI: 3.41%
161 E Pine Street Lake Mills, WI Multigenerational or accessible living needs? See how this beautiful 4 bed, 3.5 bath ranch...	4 beds \| 4 baths \| 3,466 sq.ft.	$495,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.58% Airbnb Rental Income: $null Traditional Rental Income: $3290 Airbnb ROI: N/A Traditional ROI: 4.58%
N6703 Linden Street Lake Mills, WI Affordable 4-bedroom home in the quaint town of Lake Mills. Located on a large corner lot,...	4 beds \| 1 baths \| 1,284 sq.ft.	$219,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.67% Airbnb Rental Income: $null Traditional Rental Income: $1670 Airbnb ROI: N/A Traditional ROI: 5.67%
1204 S Main Street #14 Lake Mills, WI BUILDER OFFERING COMPLIMENTARY UPGRADES! Experience refined living in this newly construct...	3 beds \| 4 baths \| 2,748 sq.ft.	$549,500	Airbnb cash on cash: -0.21% Traditional cash on cash: 4.74% Airbnb Rental Income: $919 Traditional Rental Income: $3121 Airbnb ROI: -0.21% Traditional ROI: 4.74%
408 Oneil Lake Mills, WI Updated bi-level home featuring an open floor plan of 4 full bedrooms, split between upper...	4 beds \| 2 baths \| 1,824 sq.ft.	$345,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.74% Airbnb Rental Income: $null Traditional Rental Income: $2319 Airbnb ROI: N/A Traditional ROI: 4.74%
344 Ridgeview Dr Lake Mills, WI New Construction - Ready Now! Welcome to your dream home in the Brookstone Meadows Subdivi...	3 beds \| 2 baths \| 1,615 sq.ft.	$469,900	Airbnb cash on cash: -1.73% Traditional cash on cash: 2.38% Airbnb Rental Income: $919 Traditional Rental Income: $2385 Airbnb ROI: -1.73% Traditional ROI: 2.38%
W8231 Lake Terrace Lake Mills, WI Looking for that âjust far enoughâ escape? This inviting 3-bed, 2.5-bath ranch offers ...	3 beds \| 3 baths \| 3,099 sq.ft.	$544,900	Airbnb cash on cash: -1.11% Traditional cash on cash: 3.5% Airbnb Rental Income: $919 Traditional Rental Income: $2921 Airbnb ROI: -1.11% Traditional ROI: 3.5%
408 Water Street Lake Mills, WI Charming and Cozy Home in the Heart of Lake Mills! This home blends functionality and a pr...	2 beds \| 1 baths \| 776 sq.ft.	$244,900	Airbnb cash on cash: 4.42% Traditional cash on cash: 3.29% Airbnb Rental Income: $2118 Traditional Rental Income: $1316 Airbnb ROI: 4.42% Traditional ROI: 3.29%
1019 High Street Lake Mills, WI Showings start Monday November 24. Attractive and spacious home is ready for it's next own...	3 beds \| 3 baths \| 1,912 sq.ft.	$425,000	Airbnb cash on cash: -0.99% Traditional cash on cash: 4.12% Airbnb Rental Income: $919 Traditional Rental Income: $2608 Airbnb ROI: -0.99% Traditional ROI: 4.12%

Real Estate investment in Lake-mills, WI

There are 14 properties for sale in the city of Lake Mills . The median list price in Lake Mills is $447,450 and the average price per square foot is $208. In December 2025, the average monthly cash on cash return in Lake Mills is 4.00%. The average monthly rental income in Lake Mills is $2,638.

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

There are 14 investment properties available for sale in Lake-mills.

In 2025, 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 $2,638.

Your search for investment property begins and ends here

Investment Property for Sale in Lake Mills, WI

800 N Main Street

Lake Mills, WI

5 beds | N/A baths | N/A

$375,000

Airbnb cash on cash: 4.06%

Traditional cash on cash: 4.43%

Airbnb Rental Income: $2854

Traditional Rental Income: $2321

Airbnb ROI: 4.06%

Traditional ROI: 4.43%

711 Cherokee Path

Lake Mills, WI

3 beds | 2 baths | 2,275 sq.ft.

$342,500

Airbnb cash on cash: -0.8%

Traditional cash on cash: 5.7%

Airbnb Rental Income: $919

Traditional Rental Income: $2667

Airbnb ROI: -0.8%

Traditional ROI: 5.7%

1204 S Main Street #5

Lake Mills, WI

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

$499,900

Airbnb cash on cash: -1.51%

Traditional cash on cash: 3.41%

Airbnb Rental Income: $919

Traditional Rental Income: $2874

Airbnb ROI: -1.51%

Traditional ROI: 3.41%

161 E Pine Street

Lake Mills, WI

4 beds | 4 baths | 3,466 sq.ft.

$495,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.58%

Airbnb Rental Income: $null

Traditional Rental Income: $3290

Airbnb ROI: N/A

Traditional ROI: 4.58%

N6703 Linden Street

Lake Mills, WI

4 beds | 1 baths | 1,284 sq.ft.

$219,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.67%

Airbnb Rental Income: $null

Traditional Rental Income: $1670

Airbnb ROI: N/A

Traditional ROI: 5.67%

1204 S Main Street #14

Lake Mills, WI

3 beds | 4 baths | 2,748 sq.ft.

$549,500

Airbnb cash on cash: -0.21%

Traditional cash on cash: 4.74%

Airbnb Rental Income: $919

Traditional Rental Income: $3121

Airbnb ROI: -0.21%

Traditional ROI: 4.74%

408 Oneil

Lake Mills, WI

4 beds | 2 baths | 1,824 sq.ft.

$345,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.74%

Airbnb Rental Income: $null

Traditional Rental Income: $2319

Airbnb ROI: N/A

Traditional ROI: 4.74%

344 Ridgeview Dr

Lake Mills, WI

3 beds | 2 baths | 1,615 sq.ft.

$469,900

Airbnb cash on cash: -1.73%

Traditional cash on cash: 2.38%

Airbnb Rental Income: $919

Traditional Rental Income: $2385

Airbnb ROI: -1.73%