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
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%
LOT 3 Pine Shore Ln Rhinelander, WI LOT 3 Pine Shore Ln, Rhinelander, WI 54487 \| Other	N/A beds \| N/A baths \| N/A	$164,900	Airbnb cash on cash: N/A Traditional cash on cash: 0.82% Airbnb Rental Income: $null Traditional Rental Income: $665 Airbnb ROI: N/A Traditional ROI: 0.82%
LOT 2 Pine Shore Ln Rhinelander, WI LOT 2 Pine Shore Ln, Rhinelander, WI 54487 \| Other	N/A beds \| N/A baths \| N/A	$174,900	Airbnb cash on cash: N/A Traditional cash on cash: 0.62% Airbnb Rental Income: $null Traditional Rental Income: $665 Airbnb ROI: N/A Traditional ROI: 0.62%
921 Keenan St S Rhinelander, WI Welcome to this delightful city home. Perfectly situated in the heart of downtown Rhinelan...	2 beds \| 2 baths \| 1,344 sq.ft.	$205,000	Airbnb cash on cash: 0.29% Traditional cash on cash: 6.49% Airbnb Rental Income: $874 Traditional Rental Income: $1746 Airbnb ROI: 0.29% Traditional ROI: 6.49%
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.	$275,000	Airbnb cash on cash: 2.24% Traditional cash on cash: 7.96% Airbnb Rental Income: $1479 Traditional Rental Income: $2525 Airbnb ROI: 2.24% Traditional ROI: 7.96%
2808 High Peak Rd Rhinelander, WI The allure of the Northwoods is defined by beauty, serenity, & an unparalleled connection ...	1 beds \| 1 baths \| 1,350 sq.ft.	$379,900	Airbnb cash on cash: 0.7% Traditional cash on cash: 2.95% Airbnb Rental Income: $1299 Traditional Rental Income: $1693 Airbnb ROI: 0.7% Traditional ROI: 2.95%
4014 Sandy Bluff Rd Rhinelander, WI The best of Northwoods living-privacy, space, and lake frontage! Just minutes from Rhinela...	5 beds \| 3 baths \| 4,618 sq.ft.	$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 \| 827 sq.ft.	$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 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: -0.15% 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 \| 1,886 sq.ft.	$199,500	Airbnb cash on cash: 3.85% Traditional cash on cash: 11.08% Airbnb Rental Income: $1681 Traditional Rental Income: $2581 Airbnb ROI: 3.85% Traditional ROI: 11.08%
6775 Blue Jay Ln Rhinelander, WI Looking for your Northwoods retreat or year round home? Look no further! Nestled in a wood...	3 beds \| 2 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%
3728 Limberlost Rd 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: 0.41% 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 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.	$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.	$234,900	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%
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 \| 3,328 sq.ft.	$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.	$185,000	Airbnb cash on cash: 2.59% Traditional cash on cash: 5.6% Airbnb Rental Income: $1479 Traditional Rental Income: $1573 Airbnb ROI: 2.59% Traditional ROI: 5.6%
101 Johnson St Rhinelander, WI 101 Johnson St, Rhinelander, WI 54501 \| Single Family Residential	2 beds \| 1 baths \| 864 sq.ft.	$97,000	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%
2899 Hwy 17 Rhinelander, WI Tucked away in total privacy. Five miles from Rhinelander's conveniences, exceptional 2+ b...	2 beds \| 2 baths \| 1,865 sq.ft.	$600,000	Airbnb cash on cash: -0.74% Traditional cash on cash: 2.83% Airbnb Rental Income: $874 Traditional Rental Income: $2538 Airbnb ROI: -0.74% Traditional ROI: 2.83%
2899 State Highway 17 Rhinelander, WI 2899 State Highway 17, Rhinelander, WI 54501 \| Single Family Residential	2 beds \| 2 baths \| 1,865 sq.ft.	$600,000	Airbnb cash on cash: -2.04% Traditional cash on cash: 0.64% Airbnb Rental Income: $874 Traditional Rental Income: $2043 Airbnb ROI: -2.04% Traditional ROI: 0.64%
2281 Hwy 45 Rhinelander, WI 2281 Hwy 45, Rhinelander, WI 54501 \| Single Family Residential	3 beds \| 2 baths \| 1,585 sq.ft.	$289,000	Airbnb cash on cash: 0.66% Traditional cash on cash: 4.6% Airbnb Rental Income: $1479 Traditional Rental Income: $2116 Airbnb ROI: 0.66% Traditional ROI: 4.6%
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: 4.45% Airbnb Rental Income: $874 Traditional Rental Income: $1094 Airbnb ROI: 0.43% Traditional ROI: 4.45%
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: -0.22% Airbnb Rental Income: $null Traditional Rental Income: $788 Airbnb ROI: N/A Traditional ROI: -0.22%
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%
1426 Cth G Rhinelander, WI 1426 Cth G, Rhinelander, WI 54501 \| Other	N/A beds \| N/A baths \| N/A	$149,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.79% Airbnb Rental Income: $null Traditional Rental Income: $749 Airbnb ROI: N/A Traditional ROI: 1.79%
ON Malvern Fire Ln Rhinelander, WI ON Malvern Fire Ln, Rhinelander, WI 54501 \| Other	N/A beds \| N/A baths \| N/A	$433,200	Airbnb cash on cash: N/A Traditional cash on cash: -1.22% Airbnb Rental Income: $null Traditional Rental Income: $749 Airbnb ROI: N/A Traditional ROI: -1.22%
Moen Lake Dr Rhinelander, WI Moen Lake Dr, Rhinelander, WI 54501 \| Other	N/A beds \| N/A baths \| N/A	$56,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.68% Airbnb Rental Income: $null Traditional Rental Income: $749 Airbnb ROI: N/A Traditional ROI: 8.68%
ON Moens Lake Dr Rhinelander, WI ON Moens Lake Dr, Rhinelander, WI 54501 \| Other	N/A beds \| N/A baths \| N/A	$56,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.36% Airbnb Rental Income: $null Traditional Rental Income: $788 Airbnb ROI: N/A Traditional ROI: 9.36%
+-5.75 acres Navajo St Rhinelander, WI +-5.75 acres Navajo St, Rhinelander, WI 54501 \| Other	N/A beds \| N/A baths \| N/A	$599,000	Airbnb cash on cash: N/A Traditional cash on cash: -1.66% Airbnb Rental Income: $null Traditional Rental Income: $749 Airbnb ROI: N/A Traditional ROI: -1.66%
1738 N Stevens St Rhinelander, WI 1738 N Stevens St, Rhinelander, WI 54501 \| Other	N/A beds \| N/A baths \| N/A	$169,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.24% Airbnb Rental Income: $null Traditional Rental Income: $749 Airbnb ROI: N/A Traditional ROI: 1.24%
ON Driscoll Rd Rhinelander, WI ON Driscoll Rd, Rhinelander, WI 54501 \| Other	N/A beds \| N/A baths \| 952 sq.ft.	$400,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.37% Airbnb Rental Income: $null Traditional Rental Income: $1668 Airbnb ROI: N/A Traditional ROI: 1.37%
ON Taylor Dr #7-PE-1820 Rhinelander, WI ON Taylor Dr #7-PE-1820, Rhinelander, WI 54501 \| Other	N/A beds \| N/A baths \| N/A	$75,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.07% Airbnb Rental Income: $null Traditional Rental Income: $749 Airbnb ROI: N/A Traditional ROI: 6.07%
ON Taylor Dr #3-PE-1816 Rhinelander, WI ON Taylor Dr #3-PE-1816, Rhinelander, WI 54501 \| Other	N/A beds \| N/A baths \| N/A	$125,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.64% Airbnb Rental Income: $null Traditional Rental Income: $749 Airbnb ROI: N/A Traditional ROI: 2.64%
ON Taylor Dr #6-PE-1819 Rhinelander, WI ON Taylor Dr #6-PE-1819, Rhinelander, WI 54501 \| Other	N/A beds \| N/A baths \| N/A	$75,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.07% Airbnb Rental Income: $null Traditional Rental Income: $749 Airbnb ROI: N/A Traditional ROI: 6.07%
PE-192-3 Hwy 8 #PE-191 Rhinelander, WI ON Hwy 8 #PE-191,PE-, Rhinelander, WI 54501 \| Other	N/A beds \| N/A baths \| N/A	$349,500	Airbnb cash on cash: N/A Traditional cash on cash: -0.83% Airbnb Rental Income: $null Traditional Rental Income: $749 Airbnb ROI: N/A Traditional ROI: -0.83%
ON Taylor Dr #4-PE-1817 Rhinelander, WI ON Taylor Dr #4-PE-1817, Rhinelander, WI 54501 \| Other	N/A beds \| N/A baths \| N/A	$125,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.97% Airbnb Rental Income: $null Traditional Rental Income: $788 Airbnb ROI: N/A Traditional ROI: 2.97%

Real Estate investment in Rhinelander, WI

There are 49 properties for sale in the city of Rhinelander . The median list price in Rhinelander is $156,950 and the average price per square foot is $128. In March 2026, the average monthly cash on cash return in Rhinelander is 5.00%. The average monthly rental income in Rhinelander is $851.

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

There are 49 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 $851.

Your search for investment property begins and ends here

Investment Property for Sale in Rhinelander, WI

608 Alban St

Rhinelander, WI

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%

LOT 3 Pine Shore Ln

Rhinelander, WI

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

$164,900

Airbnb cash on cash: N/A

Traditional cash on cash: 0.82%

Airbnb Rental Income: $null

Traditional Rental Income: $665

Airbnb ROI: N/A

Traditional ROI: 0.82%

LOT 2 Pine Shore Ln

Rhinelander, WI

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

$174,900

Airbnb cash on cash: N/A

Traditional cash on cash: 0.62%

Airbnb Rental Income: $null

Traditional Rental Income: $665

Airbnb ROI: N/A

Traditional ROI: 0.62%

921 Keenan St S

Rhinelander, WI

2 beds | 2 baths | 1,344 sq.ft.

$205,000

Airbnb cash on cash: 0.29%

Traditional cash on cash: 6.49%

Airbnb Rental Income: $874

Traditional Rental Income: $1746

Airbnb ROI: 0.29%

Traditional ROI: 6.49%

5140 Wilmar Ln

Rhinelander, WI

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

$275,000

Airbnb cash on cash: 2.24%

Traditional cash on cash: 7.96%

Airbnb Rental Income: $1479

Traditional Rental Income: $2525

Airbnb ROI: 2.24%

Traditional ROI: 7.96%

2808 High Peak Rd

Rhinelander, WI

1 beds | 1 baths | 1,350 sq.ft.

$379,900

Airbnb cash on cash: 0.7%

Traditional cash on cash: 2.95%

Airbnb Rental Income: $1299

Traditional Rental Income: $1693

Airbnb ROI: 0.7%

Traditional ROI: 2.95%

4014 Sandy Bluff Rd

Rhinelander, WI

5 beds | 3 baths | 4,618 sq.ft.

$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 | 827 sq.ft.

$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%