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 \| 3 baths \| 2,176 sq.ft.	$735,000	Airbnb cash on cash: 0.69% Traditional cash on cash: 2.46% Airbnb Rental Income: $2464 Traditional Rental Income: $3082 Airbnb ROI: 0.69% 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 \| 2 baths \| N/A	$375,000	Airbnb cash on cash: 8.05% Traditional cash on cash: 4.38% Airbnb Rental Income: $4562 Traditional Rental Income: $2321 Airbnb ROI: 8.05% Traditional ROI: 4.38%
1204 S Main St #5 Lake Mills, WI Perfectly positioned along the scenic Glacial Drumlin State Trail & just minutes from Rock...	3 beds \| 3 baths \| 2,532 sq.ft.	$474,900	Airbnb cash on cash: 0.74% Traditional cash on cash: 3.01% Airbnb Rental Income: $2464 Traditional Rental Income: $2874 Airbnb ROI: 0.74% Traditional ROI: 3.01%
125 Keyes Street Lake Mills, WI Dreaming of the ultimate garage setup? This incredible 3-bedroom, 2-bath home on a spaciou...	3 beds \| 2 baths \| 1,850 sq.ft.	$364,900	Airbnb cash on cash: 2.75% Traditional cash on cash: 4.16% Airbnb Rental Income: $2464 Traditional Rental Income: $2349 Airbnb ROI: 2.75% Traditional ROI: 4.16%
N7295 Manske Road Lake Mills, WI Welcome to your slice of Wisconsin countryside. This charming 4-bed, 2-bath farmette sits ...	4 beds \| 2 baths \| 2,790 sq.ft.	$729,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.56% Airbnb Rental Income: $null Traditional Rental Income: $2141 Airbnb ROI: N/A Traditional ROI: 1.56%
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: -3.94% Traditional cash on cash: -0.7% Airbnb Rental Income: $83 Traditional Rental Income: $494 Airbnb ROI: -3.94% Traditional ROI: -0.7%
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.	$1,075,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.58% Airbnb Rental Income: $null Traditional Rental Income: $3382 Airbnb ROI: N/A Traditional ROI: 1.58%
212 S Main St Lake Mills, WI Showings start 5/8. Charming 1.5-story bungalow blending classic character with thoughtful...	4 beds \| 1 baths \| 1,850 sq.ft.	$449,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.39% Airbnb Rental Income: $null Traditional Rental Income: $2295 Airbnb ROI: N/A 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: N/A Traditional cash on cash: 2.13% Airbnb Rental Income: $null Traditional Rental Income: $2078 Airbnb ROI: N/A Traditional ROI: 2.13%
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: -0.92% Traditional cash on cash: -1.36% Airbnb Rental Income: $1463 Traditional Rental Income: $818 Airbnb ROI: -0.92% Traditional ROI: -1.36%
N6209 Helena Street Lake Mills, WI This is a rare retreat where nature, comfort, and lake living come together beautifully! T...	3 beds \| 3 baths \| 3,953 sq.ft.	$950,000	Airbnb cash on cash: 0.25% Traditional cash on cash: 1.17% Airbnb Rental Income: $2464 Traditional Rental Income: $2678 Airbnb ROI: 0.25% Traditional ROI: 1.17%
123 S Ferry Drive Lake Mills, WI Lake living at it's best, this exceptional lakefront property offers a rare opportunity to...	2 beds \| 1 baths \| 1,152 sq.ft.	$1,500,000	Airbnb cash on cash: -1.07% Traditional cash on cash: -1.13% Airbnb Rental Income: $1463 Traditional Rental Income: $944 Airbnb ROI: -1.07% Traditional ROI: -1.13%
N6819 Canter Ct Lake Mills, WI N6819 Canter Ct, Lake Mills, WI 53551 \| Single Family Residential	3 beds \| 3 baths \| 3,798 sq.ft.	$1,095,000	Airbnb cash on cash: -1.11% Traditional cash on cash: -0.81% Airbnb Rental Income: $2464 Traditional Rental Income: $2167 Airbnb ROI: -1.11% Traditional ROI: -0.81%
N8081 Springer Rd Lake Mills, WI N8081 Springer Rd, Lake Mills, WI 53551 \| Single Family Residential	3 beds \| 2 baths \| 3,813 sq.ft.	$899,900	Airbnb cash on cash: -0.72% Traditional cash on cash: -1.02% Airbnb Rental Income: $2464 Traditional Rental Income: $1614 Airbnb ROI: -0.72% Traditional ROI: -1.02%
335 Crestview Lane Lake Mills, WI Showings to begin on July 2	3 beds \| 2 baths \| 1,645 sq.ft.	$485,000	Airbnb cash on cash: 1.58% Traditional cash on cash: 2.66% Airbnb Rental Income: $2464 Traditional Rental Income: $2352 Airbnb ROI: 1.58% Traditional ROI: 2.66%

Real Estate investment in Lake-mills, WI

There are 21 properties for sale in the city of Lake Mills . The median list price in Lake Mills is $409,788 and the average price per square foot is $193. In June 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 21 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 | 3 baths | 2,176 sq.ft.

$735,000

Airbnb cash on cash: 0.69%

Traditional cash on cash: 2.46%

Airbnb Rental Income: $2464

Traditional Rental Income: $3082

Airbnb ROI: 0.69%

Traditional ROI: 2.46%

800 N Main Street

Lake Mills, WI

5 beds | 2 baths | N/A

$375,000

Airbnb cash on cash: 8.05%

Traditional cash on cash: 4.38%

Airbnb Rental Income: $4562

Traditional Rental Income: $2321

Airbnb ROI: 8.05%

Traditional ROI: 4.38%

1204 S Main St #5

Lake Mills, WI

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

$474,900

Airbnb cash on cash: 0.74%

Traditional cash on cash: 3.01%

Airbnb Rental Income: $2464

Traditional Rental Income: $2874

Airbnb ROI: 0.74%

Traditional ROI: 3.01%

125 Keyes Street

Lake Mills, WI

3 beds | 2 baths | 1,850 sq.ft.

$364,900

Airbnb cash on cash: 2.75%

Traditional cash on cash: 4.16%

Airbnb Rental Income: $2464

Traditional Rental Income: $2349

Airbnb ROI: 2.75%

Traditional ROI: 4.16%

N7295 Manske Road

Lake Mills, WI

4 beds | 2 baths | 2,790 sq.ft.

$729,900

Airbnb cash on cash: N/A

Traditional cash on cash: 1.56%

Airbnb Rental Income: $null

Traditional Rental Income: $2141

Airbnb ROI: N/A

Traditional ROI: 1.56%

680 Enterprise Dr

Lake Mills, WI

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

$200,000

Airbnb cash on cash: -3.94%

Traditional cash on cash: -0.7%

Airbnb Rental Income: $83

Traditional Rental Income: $494

Airbnb ROI: -3.94%

Traditional ROI: -0.7%

N6480 Shorewood Hills Road

Lake Mills, WI

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

$1,075,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.58%

Airbnb Rental Income: $null

Traditional Rental Income: $3382

Airbnb ROI: N/A

Traditional ROI: 1.58%

212 S Main St

Lake Mills, WI

4 beds | 1 baths | 1,850 sq.ft.

$449,900

Airbnb cash on cash: N/A

Traditional cash on cash: 2.39%

Airbnb Rental Income: $null

Traditional Rental Income: $2295

Airbnb ROI: N/A