Real Estate Investment Properties for Sale in Merrillan, WI

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
N454 Arnold Creek Road Merrillan, WI Charming 2-Bedroom Cabin or Year-Round Home in Hatfield â Just Blocks from Lake Arbutus!...	2 beds \| 1 baths \| 800 sq.ft.	$139,900	Airbnb cash on cash: 2.82% Traditional cash on cash: 8.44% Airbnb Rental Income: $1127 Traditional Rental Income: $1505 Airbnb ROI: 2.82% Traditional ROI: 8.44%
N147 Highway J Merrillan, WI Updated 2-Bedroom Home on 1.69 Acres in Hatfield! Looking for comfort, character, and adve...	2 beds \| 1 baths \| 1,539 sq.ft.	$350,000	Airbnb cash on cash: 0.23% Traditional cash on cash: 3.07% Airbnb Rental Income: $1127 Traditional Rental Income: $1683 Airbnb ROI: 0.23% Traditional ROI: 3.07%
600 S Hayden Street Merrillan, WI If you're in the market for a beautiful, quality-built home in a peaceful quiet neighborho...	3 beds \| 2 baths \| 2,280 sq.ft.	$305,900	Airbnb cash on cash: 0.59% Traditional cash on cash: 5.86% Airbnb Rental Income: $1166 Traditional Rental Income: $2299 Airbnb ROI: 0.59% Traditional ROI: 5.86%
N627 Riviera Ave Merrillan, WI This stunning lake property truly has it all, from the luxury updates inside to the sprawl...	3 beds \| 3 baths \| 2,459 sq.ft.	$1,200,000	Airbnb cash on cash: -1.04% Traditional cash on cash: 1.38% Airbnb Rental Income: $1166 Traditional Rental Income: $3486 Airbnb ROI: -1.04% Traditional ROI: 1.38%
W8302 County Highway J - Merrillan, WI Charming 2-bedroom, 1-bath ranch home on 5 scenic acres offers rustic yet updated appeal &...	2 beds \| 1 baths \| 2,156 sq.ft.	$399,900	Airbnb cash on cash: 0.16% Traditional cash on cash: 2.47% Airbnb Rental Income: $1127 Traditional Rental Income: $1616 Airbnb ROI: 0.16% Traditional ROI: 2.47%
W10362 Lower Lake Drive Merrillan, WI PRESENTING A UNIQUE & RARE WATERFRONT PRIVATE OASIS that truly represents an Ultimate Turn...	3 beds \| 2 baths \| 3,000 sq.ft.	$950,000	Airbnb cash on cash: -0.94% Traditional cash on cash: 1.54% Airbnb Rental Income: $1166 Traditional Rental Income: $2976 Airbnb ROI: -0.94% Traditional ROI: 1.54%
N475 RIVIERA AVENUE Merrillan, WI Discover tranquility and luxury in this exquisite 4-year-old waterfront home nestled on 3....	4 beds \| 3 baths \| 2,609 sq.ft.	$1,397,400	Airbnb cash on cash: N/A Traditional cash on cash: 0.83% Airbnb Rental Income: $null Traditional Rental Income: $3297 Airbnb ROI: N/A Traditional ROI: 0.83%
N132 Pine Place Merrillan, WI Enjoy Panoramic views from this 4 BD 3BA Lake Home with 4 Car detached garage on Lake Arbu...	4 beds \| 3 baths \| 3,226 sq.ft.	$1,400,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.4% Airbnb Rental Income: $null Traditional Rental Income: $2755 Airbnb ROI: N/A Traditional ROI: 0.4%
N132 Pine Place Merrillan, WI Enjoy Panoramic views from this 4 BD 3BA Lake Home with 4 Car detached garage on Lake Arbu...	4 beds \| 3 baths \| 3,226 sq.ft.	$1,400,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.4% Airbnb Rental Income: $null Traditional Rental Income: $2755 Airbnb ROI: N/A Traditional ROI: 0.4%

Real Estate investment in Merrillan, WI

There are 8 properties for sale in the city of Merrillan . The median list price in Merrillan is $239,900 and the average price per square foot is $142. In February 2026, the average monthly cash on cash return in Merrillan is 2.00%. The average monthly rental income in Merrillan is $2,755.

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

There are 8 investment properties available for sale in Merrillan.

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

The ROI for Short-Term is higher than the Long-Term in Merrillan with average rental income of $1,147.

Your search for investment property begins and ends here

Investment Property for Sale in Merrillan, WI

N454 Arnold Creek Road

Merrillan, WI

2 beds | 1 baths | 800 sq.ft.

$139,900

Airbnb cash on cash: 2.82%

Traditional cash on cash: 8.44%

Airbnb Rental Income: $1127

Traditional Rental Income: $1505

Airbnb ROI: 2.82%

Traditional ROI: 8.44%

N147 Highway J

Merrillan, WI

2 beds | 1 baths | 1,539 sq.ft.

$350,000

Airbnb cash on cash: 0.23%

Traditional cash on cash: 3.07%

Airbnb Rental Income: $1127

Traditional Rental Income: $1683

Airbnb ROI: 0.23%

Traditional ROI: 3.07%

600 S Hayden Street

Merrillan, WI

3 beds | 2 baths | 2,280 sq.ft.

$305,900

Airbnb cash on cash: 0.59%

Traditional cash on cash: 5.86%

Airbnb Rental Income: $1166

Traditional Rental Income: $2299

Airbnb ROI: 0.59%

Traditional ROI: 5.86%

N627 Riviera Ave

Merrillan, WI

3 beds | 3 baths | 2,459 sq.ft.

$1,200,000

Airbnb cash on cash: -1.04%

Traditional cash on cash: 1.38%

Airbnb Rental Income: $1166

Traditional Rental Income: $3486

Airbnb ROI: -1.04%

Traditional ROI: 1.38%

W8302 County Highway J -

Merrillan, WI

2 beds | 1 baths | 2,156 sq.ft.

$399,900

Airbnb cash on cash: 0.16%

Traditional cash on cash: 2.47%

Airbnb Rental Income: $1127

Traditional Rental Income: $1616

Airbnb ROI: 0.16%

Traditional ROI: 2.47%

W10362 Lower Lake Drive

Merrillan, WI

3 beds | 2 baths | 3,000 sq.ft.

$950,000

Airbnb cash on cash: -0.94%

Traditional cash on cash: 1.54%

Airbnb Rental Income: $1166

Traditional Rental Income: $2976

Airbnb ROI: -0.94%

Traditional ROI: 1.54%

N475 RIVIERA AVENUE

Merrillan, WI

4 beds | 3 baths | 2,609 sq.ft.

$1,397,400

Airbnb cash on cash: N/A

Traditional cash on cash: 0.83%

Airbnb Rental Income: $null

Traditional Rental Income: $3297

Airbnb ROI: N/A

Traditional ROI: 0.83%

N132 Pine Place

Merrillan, WI

4 beds | 3 baths | 3,226 sq.ft.

$1,400,000

Airbnb cash on cash: N/A

Traditional cash on cash: 0.4%

Airbnb Rental Income: $null

Traditional Rental Income: $2755

Airbnb ROI: N/A