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
406 Pearl St W Rhinelander, WI Step into a home where elegance seamlessly blends with everyday comfort. The exterior has ...	5 beds \| 2 baths \| 2,696 sq.ft.	$269,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.23% Airbnb Rental Income: $null Traditional Rental Income: $3301 Airbnb ROI: N/A Traditional ROI: 10.23%
3147 WILDFLOWER BAY RD Rhinelander, WI Best of Both Worlds! City amenities surrounded by woods and water. 3 Bed/3 bath including ...	3 beds \| 3 baths \| N/A	$342,000	Airbnb cash on cash: 1.3% Traditional cash on cash: 6.72% Airbnb Rental Income: $1479 Traditional Rental Income: $2788 Airbnb ROI: 1.3% Traditional ROI: 6.72%
4175 Moen Lake Rd Rhinelander, WI Are you looking for the Northwoods get-away on a full recreational lake? Check this one ou...	3 beds \| 2 baths \| 2,150 sq.ft.	$539,000	Airbnb cash on cash: 0.19% Traditional cash on cash: 2.81% Airbnb Rental Income: $1479 Traditional Rental Income: $2362 Airbnb ROI: 0.19% Traditional ROI: 2.81%
13 Gilbert St Rhinelander, WI Affordable 3 Bedroom city home with a full unfinished basement. Spacious main level living...	3 beds \| 1 baths \| 1,355 sq.ft.	$174,900	Airbnb cash on cash: 3.91% Traditional cash on cash: 7.72% Airbnb Rental Income: $1479 Traditional Rental Income: $1678 Airbnb ROI: 3.91% Traditional ROI: 7.72%
5140 Wilmar Ln Rhinelander, WI Amazing park like setting on Hixon Lake with 100 feet of frontage with a fabulous Canadian...	3 beds \| 1 baths \| 1,341 sq.ft.	$299,000	Airbnb cash on cash: 1.99% Traditional cash on cash: 7.25% Airbnb Rental Income: $1479 Traditional Rental Income: $2525 Airbnb ROI: 1.99% Traditional ROI: 7.25%
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.	$224,900	Airbnb cash on cash: 0.62% Traditional cash on cash: 6.36% Airbnb Rental Income: $874 Traditional Rental Income: $1763 Airbnb ROI: 0.62% Traditional ROI: 6.36%
4014 SANDY BLUFF RD Rhinelander, WI The best of Northwoods living-privacy, space, and lake frontage! Just minutes from Rhinela...	5 beds \| 5 baths \| N/A	$749,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.4% Airbnb Rental Income: $null Traditional Rental Income: $5053 Airbnb ROI: N/A Traditional ROI: 5.4%
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 \| N/A	$109,000	Airbnb cash on cash: 2.56% Traditional cash on cash: 11.17% Airbnb Rental Income: $874 Traditional Rental Income: $1448 Airbnb ROI: 2.56% Traditional ROI: 11.17%
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 \| N/A	$799,900	Airbnb cash on cash: -0.15% Traditional cash on cash: 2.31% Airbnb Rental Income: $1479 Traditional Rental Income: $2875 Airbnb ROI: -0.15% 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 \| N/A	$219,900	Airbnb cash on cash: 3.41% Traditional cash on cash: 9.98% Airbnb Rental Income: $1681 Traditional Rental Income: $2581 Airbnb ROI: 3.41% Traditional ROI: 9.98%
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 \| N/A	$249,000	Airbnb cash on cash: 0.6% Traditional cash on cash: 4.43% Airbnb Rental Income: $874 Traditional Rental Income: $1439 Airbnb ROI: 0.6% 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: -0.71% Traditional cash on cash: 1.79% Airbnb Rental Income: $1479 Traditional Rental Income: $3336 Airbnb ROI: -0.71% 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.	$499,900	Airbnb cash on cash: 0.57% Traditional cash on cash: 5.16% Airbnb Rental Income: $1479 Traditional Rental Income: $3190 Airbnb ROI: 0.57% Traditional ROI: 5.16%
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 \| N/A	$239,900	Airbnb cash on cash: 0.3% Traditional cash on cash: 5.03% Airbnb Rental Income: $874 Traditional Rental Income: $1612 Airbnb ROI: 0.3% 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 \| N/A	$214,900	Airbnb cash on cash: 0.41% Traditional cash on cash: 5.29% Airbnb Rental Income: $874 Traditional Rental Income: $1533 Airbnb ROI: 0.41% Traditional ROI: 5.29%
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 \| N/A	$142,000	Airbnb cash on cash: 5.18% Traditional cash on cash: 10.72% Airbnb Rental Income: $1479 Traditional Rental Income: $1798 Airbnb ROI: 5.18% Traditional ROI: 10.72%
2640 Winquist Rd Rhinelander, WI If LOCATION is your primary factor in choosing your new home, you absolutely must consider...	2 beds \| 2 baths \| 2,045 sq.ft.	$239,000	Airbnb cash on cash: 0.47% Traditional cash on cash: 7.57% Airbnb Rental Income: $874 Traditional Rental Income: $2143 Airbnb ROI: 0.47% Traditional ROI: 7.57%
504 PELHAM ST S unit: House Only #House Only Rhinelander, WI This classic 3 bedroom/3 bath Rhinelander home delivers vintage appeal with a city-friendl...	3 beds \| 3 baths \| N/A	$249,750	Airbnb cash on cash: 0.58% Traditional cash on cash: 8.32% Airbnb Rental Income: $1479 Traditional Rental Income: $2868 Airbnb ROI: 0.58% Traditional ROI: 8.32%
11 KEENAN ST W Rhinelander, WI This well-maintained Rhinelander property offers an excellent opportunity for those seekin...	3 beds \| 3 baths \| N/A	$349,750	Airbnb cash on cash: 0.14% Traditional cash on cash: 5.17% Airbnb Rental Income: $1479 Traditional Rental Income: $2696 Airbnb ROI: 0.14% Traditional ROI: 5.17%
5046 FOREST LN Rhinelander, WI An Inviting and Comfortable Living Space: A home is more than just a structure; it is a pl...	3 beds \| 2 baths \| N/A	$319,000	Airbnb cash on cash: 1.46% Traditional cash on cash: 5.21% Airbnb Rental Income: $1479 Traditional Rental Income: $2168 Airbnb ROI: 1.46% Traditional ROI: 5.21%
1016 Messer St Rhinelander, WI 1016 Messer St, Rhinelander, WI 54501 \| Single Family Residential	3 beds \| 1 baths \| 2,112 sq.ft.	$200,000	Airbnb cash on cash: 2.19% Traditional cash on cash: 4.98% Airbnb Rental Income: $1479 Traditional Rental Income: $1573 Airbnb ROI: 2.19% Traditional ROI: 4.98%
316 Dahl St Rhinelander, WI 316 Dahl St, Rhinelander, WI 54501 \| Single Family Residential	5 beds \| 3 baths \| 2,800 sq.ft.	$330,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.23% Airbnb Rental Income: $null Traditional Rental Income: $2904 Airbnb ROI: N/A Traditional ROI: 6.23%
7455 Fire Tower Rd Rhinelander, WI 7455 Fire Tower Rd, Rhinelander, WI 54501 \| Single Family Residential	3 beds \| 3 baths \| 2,810 sq.ft.	$479,900	Airbnb cash on cash: -0.72% Traditional cash on cash: 3.16% Airbnb Rental Income: $1479 Traditional Rental Income: $2782 Airbnb ROI: -0.72% Traditional ROI: 3.16%
101 Johnson St Rhinelander, WI 101 Johnson St, Rhinelander, WI 54501 \| Single Family Residential	2 beds \| 1 baths \| 864 sq.ft.	$107,900	Airbnb cash on cash: 1.48% Traditional cash on cash: 7.29% Airbnb Rental Income: $874 Traditional Rental Income: $1147 Airbnb ROI: 1.48% Traditional ROI: 7.29%
4533 Warner Dr Rhinelander, WI 4533 Warner Dr, Rhinelander, WI 54501 \| Single Family Residential	4 beds \| 3 baths \| 3,000 sq.ft.	$650,000	Airbnb cash on cash: -0.99% Traditional cash on cash: 2.19% Airbnb Rental Income: $1681 Traditional Rental Income: $3141 Airbnb ROI: -0.99% Traditional ROI: 2.19%
420 Conro St Rhinelander, WI 420 Conro St, Rhinelander, WI 54501 \| Single Family Residential	2 beds \| 1 baths \| 936 sq.ft.	$134,900	Airbnb cash on cash: 0.64% Traditional cash on cash: 5.65% Airbnb Rental Income: $874 Traditional Rental Income: $1188 Airbnb ROI: 0.64% Traditional ROI: 5.65%
324 Abner St Rhinelander, WI 324 Abner St, Rhinelander, WI 54501 \| Single Family Residential	3 beds \| 1 baths \| 1,500 sq.ft.	$173,900	Airbnb cash on cash: 2.93% Traditional cash on cash: 6.55% Airbnb Rental Income: $1479 Traditional Rental Income: $1644 Airbnb ROI: 2.93% Traditional ROI: 6.55%
2899 HWY 17 Rhinelander, WI Tucked away in total privacy. Five miles from Rhinelander's conveniences, exceptional 2+ b...	2 beds \| 2 baths \| N/A	$615,000	Airbnb cash on cash: -0.74% Traditional cash on cash: 2.74% Airbnb Rental Income: $874 Traditional Rental Income: $2538 Airbnb ROI: -0.74% Traditional ROI: 2.74%
2899 State Highway 17 Rhinelander, WI 2899 State Highway 17, Rhinelander, WI 54501 \| Single Family Residential	2 beds \| 2 baths \| 1,865 sq.ft.	$615,000	Airbnb cash on cash: -2.06% Traditional cash on cash: 0.56% Airbnb Rental Income: $874 Traditional Rental Income: $2043 Airbnb ROI: -2.06% Traditional ROI: 0.56%
2281 Hwy 45 Rhinelander, WI 2281 Hwy 45, Rhinelander, WI 54501 \| Single Family Residential	3 beds \| 2 baths \| 1,585 sq.ft.	$299,900	Airbnb cash on cash: 0.54% Traditional cash on cash: 4.34% Airbnb Rental Income: $1479 Traditional Rental Income: $2116 Airbnb ROI: 0.54% Traditional ROI: 4.34%
773 Balsam St Rhinelander, WI 773 Balsam St, Rhinelander, WI 54501 \| Single Family Residential	2 beds \| 1 baths \| 684 sq.ft.	$144,000	Airbnb cash on cash: 0.43% Traditional cash on cash: 3.92% Airbnb Rental Income: $874 Traditional Rental Income: $1021 Airbnb ROI: 0.43% Traditional ROI: 3.92%
608 Alban St Rhinelander, WI 608 Alban St, Rhinelander, WI 54051 \| Single Family Residential	3 beds \| 1 baths \| 1,126 sq.ft.	$109,900	Airbnb cash on cash: 6.14% Traditional cash on cash: 10.59% Airbnb Rental Income: $1479 Traditional Rental Income: $1517 Airbnb ROI: 6.14% Traditional ROI: 10.59%
745 Phillip St St W Rhinelander, WI 745 Phillip St St W, Rhinelander, WI 54501 \| Single Family Residential	3 beds \| 1 baths \| 980 sq.ft.	$129,500	Airbnb cash on cash: 4.83% Traditional cash on cash: 8% Airbnb Rental Income: $1479 Traditional Rental Income: $1439 Airbnb ROI: 4.83% Traditional ROI: 8%
3633 Kuczmarski Dr Rhinelander, WI 3633 Kuczmarski Dr, Rhinelander, WI 54501 \| Other	N/A beds \| N/A baths \| N/A	$174,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.12% Airbnb Rental Income: $null Traditional Rental Income: $749 Airbnb ROI: N/A Traditional ROI: 1.12%
ON Velvet Lake Rd #Tract 2059 Rhinelander, WI ON Velvet Lake Rd #Tract 2059, Rhinelander, WI 54501 \| Other	N/A beds \| N/A baths \| N/A	$282,640	Airbnb cash on cash: N/A Traditional cash on cash: -0.45% Airbnb Rental Income: $null Traditional Rental Income: $726 Airbnb ROI: N/A Traditional ROI: -0.45%
ON Hwy 8 #37 Acres Rhinelander, WI ON Hwy 8 #37 Acres, Rhinelander, WI 54501 \| Other	N/A beds \| N/A baths \| N/A	$59,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.31% Airbnb Rental Income: $null Traditional Rental Income: $749 Airbnb ROI: N/A Traditional ROI: 8.31%
ON Hwy 17 Rhinelander, WI ON Hwy 17, Rhinelander, WI 54501 \| Other	N/A beds \| N/A baths \| N/A	$115,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.11% Airbnb Rental Income: $null Traditional Rental Income: $749 Airbnb ROI: N/A Traditional ROI: 3.11%
4068 Hillside Ct Rhinelander, WI 4068 Hillside Ct, Rhinelander, WI 54501 \| Other	N/A beds \| N/A baths \| N/A	$165,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.36% Airbnb Rental Income: $null Traditional Rental Income: $749 Airbnb ROI: N/A Traditional ROI: 1.36%
1 Acre Highlander Rd Rhinelander, WI 1 Acre Highlander Rd, Rhinelander, WI 54501 \| Other	N/A beds \| N/A baths \| N/A	$69,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.68% Airbnb Rental Income: $null Traditional Rental Income: $749 Airbnb ROI: N/A Traditional ROI: 6.68%
6039 Twin Lakes Dr Rhinelander, WI 6039 Twin Lakes Dr, Rhinelander, WI 54501 \| Other	N/A beds \| N/A baths \| N/A	$110,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.36% Airbnb Rental Income: $null Traditional Rental Income: $749 Airbnb ROI: N/A Traditional ROI: 3.36%

Real Estate investment in Rhinelander, WI

There are 60 properties for sale in the city of Rhinelander . The median list price in Rhinelander is $173,900 and the average price per square foot is $114. In January 2026, the average monthly cash on cash return in Rhinelander is 6.00%. The average monthly rental income in Rhinelander is $1,147.

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

There are 60 investment properties available for sale in Rhinelander.

In 2026, 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 $1,147.

Your search for investment property begins and ends here

Investment Property for Sale in Rhinelander, WI

406 Pearl St W

Rhinelander, WI

5 beds | 2 baths | 2,696 sq.ft.

$269,000

Airbnb cash on cash: N/A

Traditional cash on cash: 10.23%

Airbnb Rental Income: $null

Traditional Rental Income: $3301

Airbnb ROI: N/A

Traditional ROI: 10.23%

3147 WILDFLOWER BAY RD

Rhinelander, WI

3 beds | 3 baths | N/A

$342,000

Airbnb cash on cash: 1.3%

Traditional cash on cash: 6.72%

Airbnb Rental Income: $1479

Traditional Rental Income: $2788

Airbnb ROI: 1.3%

Traditional ROI: 6.72%

4175 Moen Lake Rd

Rhinelander, WI

3 beds | 2 baths | 2,150 sq.ft.

$539,000

Airbnb cash on cash: 0.19%

Traditional cash on cash: 2.81%

Airbnb Rental Income: $1479

Traditional Rental Income: $2362

Airbnb ROI: 0.19%

Traditional ROI: 2.81%

13 Gilbert St

Rhinelander, WI

3 beds | 1 baths | 1,355 sq.ft.

$174,900

Airbnb cash on cash: 3.91%

Traditional cash on cash: 7.72%

Airbnb Rental Income: $1479

Traditional Rental Income: $1678

Airbnb ROI: 3.91%

Traditional ROI: 7.72%

5140 Wilmar Ln

Rhinelander, WI

3 beds | 1 baths | 1,341 sq.ft.

$299,000

Airbnb cash on cash: 1.99%

Traditional cash on cash: 7.25%

Airbnb Rental Income: $1479

Traditional Rental Income: $2525

Airbnb ROI: 1.99%

Traditional ROI: 7.25%

6680 HWY 17 #11

Rhinelander, WI

2 beds | 2 baths | 1,199 sq.ft.

$224,900

Airbnb cash on cash: 0.62%

Traditional cash on cash: 6.36%

Airbnb Rental Income: $874

Traditional Rental Income: $1763

Airbnb ROI: 0.62%

Traditional ROI: 6.36%

4014 SANDY BLUFF RD

Rhinelander, WI

5 beds | 5 baths | N/A

$749,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.4%

Airbnb Rental Income: $null

Traditional Rental Income: $5053

Airbnb ROI: N/A

Traditional ROI: 5.4%

3775 SLEEPY HOLLOW LN

Rhinelander, WI

2 beds | 1 baths | N/A

$109,000

Airbnb cash on cash: 2.56%

Traditional cash on cash: 11.17%

Airbnb Rental Income: $874

Traditional Rental Income: $1448

Airbnb ROI: 2.56%