Real Estate Investment Properties for Sale in Rhinelander, WI

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
4817 SHEEP RANCH RD Rhinelander, WI Extraordinary legacy property rich with every facet of Northwoods resort-style living. Woo...	3 beds \| 5 baths \| 4,667 sq.ft.	$1,475,000	Airbnb cash on cash: -0.93% Traditional cash on cash: 1.95% Airbnb Rental Income: $1503 Traditional Rental Income: $5009 Airbnb ROI: -0.93% Traditional ROI: 1.95%
6151 TWIN OAKS DR Rhinelander, WI Contemporary log-sided home is nestled on the private waters of Silverbass Lake, with 1.80...	4 beds \| 3 baths \| 4,088 sq.ft.	$699,900	Airbnb cash on cash: 0.7% Traditional cash on cash: 3.28% Airbnb Rental Income: $2158 Traditional Rental Income: $3294 Airbnb ROI: 0.7% Traditional ROI: 3.28%
N11537 SQUAW LAKE ROAD Rhinelander, WI Fall in Love with This Northwoods Retreat! Only 9 years old, this lakeside gem sits on a q...	2 beds \| 2 baths \| 1,270 sq.ft.	$528,000	Airbnb cash on cash: -0.63% Traditional cash on cash: 3.09% Airbnb Rental Income: $880 Traditional Rental Income: $2382 Airbnb ROI: -0.63% Traditional ROI: 3.09%
4475 HWY 17 Rhinelander, WI Private Setting! Something for him & something for her! This 3+ bedroom 2 bath home is sit...	3 beds \| 2 baths \| 1,920 sq.ft.	$350,000	Airbnb cash on cash: 1.3% Traditional cash on cash: 6.34% Airbnb Rental Income: $1503 Traditional Rental Income: $2721 Airbnb ROI: 1.3% Traditional ROI: 6.34%
2118 BUCKHORN LN Rhinelander, WI Come see this 2 bed, 1 bath lake home located on 58 Acre / 28-foot-deep Hixon Lake! This p...	2 beds \| 1 baths \| 748 sq.ft.	$279,900	Airbnb cash on cash: 0.1% Traditional cash on cash: 4.2% Airbnb Rental Income: $880 Traditional Rental Income: $1626 Airbnb ROI: 0.1% Traditional ROI: 4.2%
6581 ROUND LAKE RD Rhinelander, WI Experience Northwoods lakefront living with stunning views, swimmable shoreline, and oppor...	3 beds \| 3 baths \| 2,662 sq.ft.	$575,000	Airbnb cash on cash: 0.39% Traditional cash on cash: 4.61% Airbnb Rental Income: $1503 Traditional Rental Income: $3332 Airbnb ROI: 0.39% Traditional ROI: 4.61%
4470 URSULA LN Rhinelander, WI Don't miss your chance to own not one, but two fully remodeled cabins right on the scenic ...	2 beds \| 1 baths \| 1,175 sq.ft.	$399,000	Airbnb cash on cash: -0.26% Traditional cash on cash: 3.03% Airbnb Rental Income: $880 Traditional Rental Income: $1775 Airbnb ROI: -0.26% Traditional ROI: 3.03%
5424 Manor Road Rhinelander, WI Level west exposed (great sunsets)100FF sand frontage with elevated quality custom built m...	4 beds \| 4 baths \| 3,098 sq.ft.	$899,000	Airbnb cash on cash: 0.17% Traditional cash on cash: 3.49% Airbnb Rental Income: $2158 Traditional Rental Income: $4391 Airbnb ROI: 0.17% Traditional ROI: 3.49%
4287 SHEPARD LAKE RD Rhinelander, WI Outdoor enthusiasts, this oneâs for you! Set on 14 acres with 2 ponds, rolling views & t...	4 beds \| 3 baths \| 2,312 sq.ft.	$499,000	Airbnb cash on cash: 1.5% Traditional cash on cash: 3.65% Airbnb Rental Income: $2158 Traditional Rental Income: $2611 Airbnb ROI: 1.5% Traditional ROI: 3.65%
5288 MARVIN LN Rhinelander, WI Discover your country home with this spacious ranch-style property, set on a 2.64-acre lot...	3 beds \| 2 baths \| 2,270 sq.ft.	$335,000	Airbnb cash on cash: 1.36% Traditional cash on cash: 3.76% Airbnb Rental Income: $1503 Traditional Rental Income: $1819 Airbnb ROI: 1.36% Traditional ROI: 3.76%
5128 EVERGREEN CT Rhinelander, WI I'm a wanna be....Finished! Come and take a peek! I'm a darling cottage, waiting your fini...	2 beds \| N/A baths \| 548 sq.ft.	$149,000	Airbnb cash on cash: 1.75% Traditional cash on cash: 6.23% Airbnb Rental Income: $880 Traditional Rental Income: $1184 Airbnb ROI: 1.75% Traditional ROI: 6.23%
6680 HWY 17 #11 Rhinelander, WI Fully furnished and move-in ready condominium located in Bass Lake Shores. Conveniently lo...	2 beds \| 2 baths \| 1,199 sq.ft.	$229,900	Airbnb cash on cash: 0.6% Traditional cash on cash: 6.21% Airbnb Rental Income: $880 Traditional Rental Income: $1763 Airbnb ROI: 0.6% Traditional ROI: 6.21%
4014 SANDY BLUFF RD Rhinelander, WI The best of Northwoods livingâprivacy, space, and lake frontage! Just minutes from Rhine...	5 beds \| 5 baths \| 4,618 sq.ft.	$799,900	Airbnb cash on cash: N/A Traditional cash on cash: 5% Airbnb Rental Income: $null Traditional Rental Income: $5053 Airbnb ROI: N/A Traditional ROI: 5%
5237 MANOR RD Rhinelander, WI 200â of Frontage on Boom Lake â Part of the Rhinelander Chain! Live the Northwoods lif...	4 beds \| 2 baths \| 1,984 sq.ft.	$414,900	Airbnb cash on cash: 2.22% Traditional cash on cash: 5.27% Airbnb Rental Income: $2158 Traditional Rental Income: $2796 Airbnb ROI: 2.22% Traditional ROI: 5.27%
3775 SLEEPY HOLLOW LN Rhinelander, WI Country living not far from town. Manufactured home with a rubber roof and attached back p...	2 beds \| 1 baths \| 827 sq.ft.	$109,000	Airbnb cash on cash: 2.68% Traditional cash on cash: 11.24% Airbnb Rental Income: $880 Traditional Rental Income: $1448 Airbnb ROI: 2.68% Traditional ROI: 11.24%
4592 NORTH SHORE DR Rhinelander, WI This well-built, spacious home showcases a unique floor plan thoughtfully designed to harm...	3 beds \| 3 baths \| 5,007 sq.ft.	$450,000	Airbnb cash on cash: 0.42% Traditional cash on cash: 5.09% Airbnb Rental Income: $1503 Traditional Rental Income: $3031 Airbnb ROI: 0.42% Traditional ROI: 5.09%
4060 CTH W Rhinelander, WI This is the definition of a lakeside property, with the waters edge just a few feet away f...	3 beds \| 2 baths \| 1,355 sq.ft.	$414,900	Airbnb cash on cash: 0.77% Traditional cash on cash: 4.23% Airbnb Rental Income: $1503 Traditional Rental Income: $2407 Airbnb ROI: 0.77% Traditional ROI: 4.23%
5852 MUSKY BAY DR S Rhinelander, WI Rare acreage on The Rhinelander Flowage that offers privacy and world class views from sev...	3 beds \| 2 baths \| 2,399 sq.ft.	$799,900	Airbnb cash on cash: -0.12% Traditional cash on cash: 2.31% Airbnb Rental Income: $1503 Traditional Rental Income: $2875 Airbnb ROI: -0.12% Traditional ROI: 2.31%
603 EVERGREEN CT Rhinelander, WI Check out this Rhinelander home located next to Hodag Park and within walking distance to ...	4 beds \| 2 baths \| 1,886 sq.ft.	$235,000	Airbnb cash on cash: 4.92% Traditional cash on cash: 9.29% Airbnb Rental Income: $2158 Traditional Rental Income: $2581 Airbnb ROI: 4.92% Traditional ROI: 9.29%
5821 LILY BASS CT Rhinelander, WI Peace and quiet - only the sounds of black capped chickadees, a bullfrog, the gentle breez...	2 beds \| 1 baths \| 576 sq.ft.	$249,000	Airbnb cash on cash: 0.63% Traditional cash on cash: 4.43% Airbnb Rental Income: $880 Traditional Rental Income: $1439 Airbnb ROI: 0.63% Traditional ROI: 4.43%
4239 Forest Point Drive Rhinelander, WI Located on a spectacular 2.44 acre parcel w/ 797 feet of frontage on the Rhinelander Chain...	3 beds \| 3 baths \| 3,390 sq.ft.	$988,500	Airbnb cash on cash: -0.68% Traditional cash on cash: 1.79% Airbnb Rental Income: $1503 Traditional Rental Income: $3336 Airbnb ROI: -0.68% Traditional ROI: 1.79%
6775 BLUE JAY LANE Rhinelander, WI Looking for your Northwoods retreat or year round home? Look no further! Nestled in a wood...	3 beds \| 3 baths \| 2,183 sq.ft.	$515,000	Airbnb cash on cash: 0.57% Traditional cash on cash: 4.98% Airbnb Rental Income: $1503 Traditional Rental Income: $3190 Airbnb ROI: 0.57% Traditional ROI: 4.98%
5054 OLD 8 RD Rhinelander, WI Just on the outskirts of town with easy access to shopping and activities is this 2-bedroo...	2 beds \| 1 baths \| 888 sq.ft.	$199,000	Airbnb cash on cash: 1.08% Traditional cash on cash: 6.2% Airbnb Rental Income: $880 Traditional Rental Income: $1512 Airbnb ROI: 1.08% Traditional ROI: 6.2%
4043 Camp Bryn Afon Road Rhinelander, WI Nestled on 156 feet of northwest-facing Sunset Lake frontage, this tranquil 3 bedroom, 2.5...	3 beds \| 3 baths \| 2,456 sq.ft.	$350,000	Airbnb cash on cash: 1.22% Traditional cash on cash: 8.33% Airbnb Rental Income: $1503 Traditional Rental Income: $3401 Airbnb ROI: 1.22% Traditional ROI: 8.33%
562 HWY 8 Rhinelander, WI Set on over 13 acres in the heart of the Northwoods, this 2-bedroom, 1-bath home is a true...	2 beds \| 1 baths \| 1,176 sq.ft.	$237,500	Airbnb cash on cash: 0.63% Traditional cash on cash: 5.62% Airbnb Rental Income: $880 Traditional Rental Income: $1666 Airbnb ROI: 0.63% Traditional ROI: 5.62%
4139 SATUIT LN #3 Rhinelander, WI This cabin, built in 2017 on Lake George, offers a unique opportunity for both personal en...	3 beds \| 3 baths \| 1,981 sq.ft.	$585,000	Airbnb cash on cash: 0.44% Traditional cash on cash: 4.79% Airbnb Rental Income: $1503 Traditional Rental Income: $3443 Airbnb ROI: 0.44% Traditional ROI: 4.79%
903 KEENAN ST S Rhinelander, WI Welcome to this charming 4-bedroom, 1-bath home perfectly situated on a desirable corner l...	4 beds \| 1 baths \| 1,282 sq.ft.	$149,900	Airbnb cash on cash: 8.04% Traditional cash on cash: 10.58% Airbnb Rental Income: $2158 Traditional Rental Income: $1973 Airbnb ROI: 8.04% Traditional ROI: 10.58%
117 DWIGHT ST Rhinelander, WI This 2 bedroom 1 bath home is located on a large private lot on the cities northside. Feat...	2 beds \| 1 baths \| 734 sq.ft.	$134,900	Airbnb cash on cash: 1.84% Traditional cash on cash: 9.28% Airbnb Rental Income: $880 Traditional Rental Income: $1508 Airbnb ROI: 1.84% Traditional ROI: 9.28%
1813 CTH C Rhinelander, WI This spacious ranch-style home sits on 22.5 acres featuring mature trees, winding trails, ...	3 beds \| 2 baths \| 1,700 sq.ft.	$399,000	Airbnb cash on cash: 1.3% Traditional cash on cash: 5.13% Airbnb Rental Income: $1503 Traditional Rental Income: $2494 Airbnb ROI: 1.3% Traditional ROI: 5.13%
1960 RAMBLING LN Rhinelander, WI Looking for land and access to full rec lake? Check out this 2 bedroom 1 bath home across ...	2 beds \| 1 baths \| 696 sq.ft.	$270,000	Airbnb cash on cash: 0.31% Traditional cash on cash: 4.2% Airbnb Rental Income: $880 Traditional Rental Income: $1536 Airbnb ROI: 0.31% Traditional ROI: 4.2%
4897 JACOBSON DR Rhinelander, WI Move-in ready 2-bedroom, 1-bathroom home on a corner lot in the Town of Pelican with recen...	2 beds \| 1 baths \| 657 sq.ft.	$165,000	Airbnb cash on cash: 1.53% Traditional cash on cash: 7.14% Airbnb Rental Income: $880 Traditional Rental Income: $1428 Airbnb ROI: 1.53% Traditional ROI: 7.14%
2798 ASPEN RD Rhinelander, WI Welcome to this beautifully updated 3-bedroom, 2 full bath, 2 half bath home nestled in a ...	3 beds \| 4 baths \| 2,136 sq.ft.	$439,000	Airbnb cash on cash: 0.81% Traditional cash on cash: 5.46% Airbnb Rental Income: $1503 Traditional Rental Income: $2972 Airbnb ROI: 0.81% Traditional ROI: 5.46%
3730 LIMBERLOST RD N Rhinelander, WI Moen Chain cabin with level swimming frontage and easy access to the chain and all that it...	2 beds \| 1 baths \| 792 sq.ft.	$239,900	Airbnb cash on cash: 0.32% Traditional cash on cash: 5.03% Airbnb Rental Income: $880 Traditional Rental Income: $1612 Airbnb ROI: 0.32% Traditional ROI: 5.03%
3728 LIMBERLOST RD N Rhinelander, WI Charming and cozy cabin on the shores of Third Lake of THe Moen Chain of Lakes. This prope...	2 beds \| 1 baths \| 676 sq.ft.	$214,900	Airbnb cash on cash: 0.44% Traditional cash on cash: 5.29% Airbnb Rental Income: $880 Traditional Rental Income: $1533 Airbnb ROI: 0.44% Traditional ROI: 5.29%
7211 WOODCREST CR Rhinelander, WI Experience country living in this spacious four-bedroom home, conveniently located with ea...	4 beds \| 3 baths \| 2,150 sq.ft.	$435,000	Airbnb cash on cash: 2.3% Traditional cash on cash: 5.61% Airbnb Rental Income: $2158 Traditional Rental Income: $2960 Airbnb ROI: 2.3% Traditional ROI: 5.61%
715 STEVENS ST N Rhinelander, WI Looking for a move-in ready 3 bedroom home in town with a garage and a large fenced in bac...	3 beds \| 1 baths \| 1,190 sq.ft.	$149,900	Airbnb cash on cash: 5% Traditional cash on cash: 10.12% Airbnb Rental Income: $1503 Traditional Rental Income: $1798 Airbnb ROI: 5% Traditional ROI: 10.12%
5242 GREENLOCH RD Rhinelander, WI Tucked away on a quiet dead-end road, this 3 bedroom 2.5+ bathroom home offers the perfect...	3 beds \| 3 baths \| 1,732 sq.ft.	$339,000	Airbnb cash on cash: 1.3% Traditional cash on cash: 5.77% Airbnb Rental Income: $1503 Traditional Rental Income: $2487 Airbnb ROI: 1.3% Traditional ROI: 5.77%
17 HARVEY ST E Rhinelander, WI Located near schools, parks, medical, shopping, and local amenities, this move-in-ready 3-...	3 beds \| 1 baths \| 1,240 sq.ft.	$175,000	Airbnb cash on cash: 4.14% Traditional cash on cash: 9.05% Airbnb Rental Income: $1503 Traditional Rental Income: $1881 Airbnb ROI: 4.14% Traditional ROI: 9.05%

Real Estate investment in Rhinelander, WI

There are 43 properties for sale in the city of Rhinelander . The median list price in Rhinelander is $337,000 and the average price per square foot is $181. In October 2025, the average monthly cash on cash return in Rhinelander is 5.00%. The average monthly rental income in Rhinelander is $2,398.

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

There are 43 investment properties available for sale in Rhinelander.

In 2025, the best neighborhood to buy investment property is Rhinelander.

The ROI for Long-Term is higher than the Short-Term in Rhinelander with average rental income of $2,398.

Your search for investment property begins and ends here

Investment Property for Sale in Rhinelander, WI

4817 SHEEP RANCH RD

Rhinelander, WI

3 beds | 5 baths | 4,667 sq.ft.

$1,475,000

Airbnb cash on cash: -0.93%

Traditional cash on cash: 1.95%

Airbnb Rental Income: $1503

Traditional Rental Income: $5009

Airbnb ROI: -0.93%

Traditional ROI: 1.95%

6151 TWIN OAKS DR

Rhinelander, WI

4 beds | 3 baths | 4,088 sq.ft.

$699,900

Airbnb cash on cash: 0.7%

Traditional cash on cash: 3.28%

Airbnb Rental Income: $2158

Traditional Rental Income: $3294

Airbnb ROI: 0.7%

Traditional ROI: 3.28%

N11537 SQUAW LAKE ROAD

Rhinelander, WI

2 beds | 2 baths | 1,270 sq.ft.

$528,000

Airbnb cash on cash: -0.63%

Traditional cash on cash: 3.09%

Airbnb Rental Income: $880

Traditional Rental Income: $2382

Airbnb ROI: -0.63%

Traditional ROI: 3.09%

4475 HWY 17

Rhinelander, WI

3 beds | 2 baths | 1,920 sq.ft.

$350,000

Airbnb cash on cash: 1.3%

Traditional cash on cash: 6.34%

Airbnb Rental Income: $1503

Traditional Rental Income: $2721

Airbnb ROI: 1.3%

Traditional ROI: 6.34%

2118 BUCKHORN LN

Rhinelander, WI

2 beds | 1 baths | 748 sq.ft.

$279,900

Airbnb cash on cash: 0.1%

Traditional cash on cash: 4.2%

Airbnb Rental Income: $880

Traditional Rental Income: $1626

Airbnb ROI: 0.1%

Traditional ROI: 4.2%

6581 ROUND LAKE RD

Rhinelander, WI

3 beds | 3 baths | 2,662 sq.ft.

$575,000

Airbnb cash on cash: 0.39%

Traditional cash on cash: 4.61%

Airbnb Rental Income: $1503

Traditional Rental Income: $3332

Airbnb ROI: 0.39%

Traditional ROI: 4.61%

4470 URSULA LN

Rhinelander, WI

2 beds | 1 baths | 1,175 sq.ft.

$399,000

Airbnb cash on cash: -0.26%

Traditional cash on cash: 3.03%

Airbnb Rental Income: $880

Traditional Rental Income: $1775

Airbnb ROI: -0.26%

Traditional ROI: 3.03%

5424 Manor Road

Rhinelander, WI

4 beds | 4 baths | 3,098 sq.ft.

$899,000

Airbnb cash on cash: 0.17%

Traditional cash on cash: 3.49%

Airbnb Rental Income: $2158

Traditional Rental Income: $4391

Airbnb ROI: 0.17%