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% Traditional cash on cash: 4.38% Airbnb Rental Income: $2854 Traditional Rental Income: $2321 Airbnb ROI: 4% Traditional ROI: 4.38%
1204 S Main Street #5 Lake Mills, WI Condo fees are $250/month. Imagine starting your morning with a run along the Glacial Drum...	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%
366 W Prospect Street Lake Mills, WI Welcome to this Beautifully refreshed 3-bed, 1.5-bath home nestled in the heart of Lake Mi...	3 beds \| 2 baths \| 1,433 sq.ft.	$319,900	Airbnb cash on cash: 0.04% Traditional cash on cash: 4.96% Airbnb Rental Income: $919 Traditional Rental Income: $2057 Airbnb ROI: 0.04% Traditional ROI: 4.96%
161 E Pine Street Lake Mills, WI Custom-Built Lake Mills ranch home on corner lot! 3 bed, 3.5 bath with nearly 3,500 sq ft ...	4 beds \| 4 baths \| 3,466 sq.ft.	$495,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.43% Airbnb Rental Income: $null Traditional Rental Income: $3290 Airbnb ROI: N/A Traditional ROI: 4.43%
1204 S Main Street #14 Lake Mills, WI Condo Fee $250/Month. Experience refined living in this newly constructed 3 to 4 bedroom, ...	3 beds \| 4 baths \| 2,748 sq.ft.	$549,500	Airbnb cash on cash: -2.28% Traditional cash on cash: 2.67% Airbnb Rental Income: $919 Traditional Rental Income: $3121 Airbnb ROI: -2.28% Traditional ROI: 2.67%
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.	$539,000	Airbnb cash on cash: -1.11% Traditional cash on cash: 3.55% Airbnb Rental Income: $919 Traditional Rental Income: $2921 Airbnb ROI: -1.11% Traditional ROI: 3.55%
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%
761 Cherokee Path Lake Mills, WI Enjoy comfort and convenience in this well-kept 2-bedroom, main-floor end-unit condo. The ...	2 beds \| 2 baths \| 1,264 sq.ft.	$249,900	Airbnb cash on cash: 4.06% Traditional cash on cash: 5.54% Airbnb Rental Income: $2118 Traditional Rental Income: $1925 Airbnb ROI: 4.06% Traditional ROI: 5.54%
111 Bayfield Court Lake Mills, WI Charming custom-built ranch home offering 3 bedrooms and 3 baths with an inviting open-con...	3 beds \| 3 baths \| 2,852 sq.ft.	$649,900	Airbnb cash on cash: -1.55% Traditional cash on cash: 2.27% Airbnb Rental Income: $919 Traditional Rental Income: $2890 Airbnb ROI: -1.55% Traditional ROI: 2.27%
W7986 County Road B - #10 Lake Mills, WI This stunning move in ready 3 bed/3 bath/2 car ranch condo offers high-end finishes & care...	3 beds \| 3 baths \| 2,187 sq.ft.	$584,900	Airbnb cash on cash: -1.52% Traditional cash on cash: 2.88% Airbnb Rental Income: $919 Traditional Rental Income: $2978 Airbnb ROI: -1.52% Traditional ROI: 2.88%
W7986 County Road B - #10 Lake Mills, WI This stunning move in ready 3 bed/3 bath/2 car ranch condo offers high-end finishes & care...	3 beds \| 3 baths \| 2,187 sq.ft.	$584,900	Airbnb cash on cash: -0.96% Traditional cash on cash: 2.01% Airbnb Rental Income: $919 Traditional Rental Income: $2200 Airbnb ROI: -0.96% Traditional ROI: 2.01%
705 S Ferry Drive Lake Mills, WI Experience luxury lake living on a beautiful, private .48 acre lot on Rock Lake. This stun...	5 beds \| 7 baths \| 5,412 sq.ft.	$2,590,000	Airbnb cash on cash: -1.44% Traditional cash on cash: 0.52% Airbnb Rental Income: $2854 Traditional Rental Income: $6906 Airbnb ROI: -1.44% Traditional ROI: 0.52%

Real Estate investment in Lake-mills, WI

There are 17 properties for sale in the city of Lake Mills . The median list price in Lake Mills is $449,000 and the average price per square foot is $203. In February 2026, the average monthly cash on cash return in Lake Mills is 4.00%. The average monthly rental income in Lake Mills is $2,171.

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

There are 17 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 $2,171.

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%

Traditional cash on cash: 4.38%

Airbnb Rental Income: $2854

Traditional Rental Income: $2321

Airbnb ROI: 4%

Traditional ROI: 4.38%

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%

366 W Prospect Street

Lake Mills, WI

3 beds | 2 baths | 1,433 sq.ft.

$319,900

Airbnb cash on cash: 0.04%

Traditional cash on cash: 4.96%

Airbnb Rental Income: $919

Traditional Rental Income: $2057

Airbnb ROI: 0.04%

Traditional ROI: 4.96%

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: 4.43%

Airbnb Rental Income: $null

Traditional Rental Income: $3290

Airbnb ROI: N/A

Traditional ROI: 4.43%

1204 S Main Street #14

Lake Mills, WI

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

$549,500

Airbnb cash on cash: -2.28%

Traditional cash on cash: 2.67%

Airbnb Rental Income: $919

Traditional Rental Income: $3121

Airbnb ROI: -2.28%

Traditional ROI: 2.67%

W8231 Lake Terrace

Lake Mills, WI

3 beds | 3 baths | 3,099 sq.ft.

$539,000

Airbnb cash on cash: -1.11%

Traditional cash on cash: 3.55%

Airbnb Rental Income: $919

Traditional Rental Income: $2921

Airbnb ROI: -1.11%

Traditional ROI: 3.55%

1019 High Street

Lake Mills, WI

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%

761 Cherokee Path

Lake Mills, WI

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

$249,900

Airbnb cash on cash: 4.06%

Traditional cash on cash: 5.54%

Airbnb Rental Income: $2118

Traditional Rental Income: $1925

Airbnb ROI: 4.06%