Real Estate Investment Properties for Sale in Rice Lake, WI

Looking for investment property in Rice Lake, WI with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1017 Colan Boulevard Rice Lake, WI Fall in love with lake life in this beautifully updated 3-bedroom home on the shores of Ri...	3 beds \| 1 baths \| 1,056 sq.ft.	$419,000	Airbnb cash on cash: 0.79% Traditional cash on cash: 2.64% Airbnb Rental Income: $1500 Traditional Rental Income: $1789 Airbnb ROI: 0.79% Traditional ROI: 2.64%
1831 Montanis Avenue Rice Lake, WI Is lake life calling? Welcome to this charming 2-bedroom, 1-bathroom ranch-style home situ...	2 beds \| 1 baths \| 1,630 sq.ft.	$230,000	Airbnb cash on cash: 1.53% Traditional cash on cash: 5.46% Airbnb Rental Income: $1565 Traditional Rental Income: $1971 Airbnb ROI: 1.53% Traditional ROI: 5.46%
35 Phipps Avenue Rice Lake, WI Welcome to this charming 3 bedroom, 1 bathroom home situated on a .19-acre corner lot in t...	3 beds \| 1 baths \| 1,872 sq.ft.	$205,000	Airbnb cash on cash: 2.77% Traditional cash on cash: 4.54% Airbnb Rental Income: $1500 Traditional Rental Income: $1405 Airbnb ROI: 2.77% Traditional ROI: 4.54%
1409 W Marshall Street Rice Lake, WI Welcome to this custom-built home offering space, comfort, and thoughtful design throughou...	4 beds \| 4 baths \| 3,800 sq.ft.	$369,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.06% Airbnb Rental Income: $null Traditional Rental Income: $3641 Airbnb ROI: N/A Traditional ROI: 8.06%
1034 Nunn Avenue Rice Lake, WI Welcome to this charming and well-maintained 3-bedroom, 1-bath home located in the heart o...	3 beds \| 1 baths \| 1,344 sq.ft.	$215,000	Airbnb cash on cash: 2.22% Traditional cash on cash: 2.61% Airbnb Rental Income: $1500 Traditional Rental Income: $1140 Airbnb ROI: 2.22% Traditional ROI: 2.61%
2563 27 1/4 27 3/4 Street Rice Lake, WI Wake up to breathtaking sunrises over Red Cedar Lake at this beautifully updated, year-rou...	3 beds \| 3 baths \| 2,012 sq.ft.	$689,000	Airbnb cash on cash: -0.54% Traditional cash on cash: 1.51% Airbnb Rental Income: $1500 Traditional Rental Income: $2376 Airbnb ROI: -0.54% Traditional ROI: 1.51%
2391 28th Street Rice Lake, WI This property offers an assumable FHA mortgage at 3% Interest Rate! Ask for details! Welco...	2 beds \| 1 baths \| 948 sq.ft.	$247,700	Airbnb cash on cash: 2.49% Traditional cash on cash: 2.65% Airbnb Rental Income: $1565 Traditional Rental Income: $1154 Airbnb ROI: 2.49% Traditional ROI: 2.65%
512 W Evans Street Rice Lake, WI Great location close to schools, parks, and shopping! This home offers three nicely sized ...	3 beds \| 3 baths \| 1,940 sq.ft.	$284,500	Airbnb cash on cash: 1.29% Traditional cash on cash: 1.59% Airbnb Rental Income: $1500 Traditional Rental Income: $1140 Airbnb ROI: 1.29% Traditional ROI: 1.59%
2473 27 1/2 Street Rice Lake, WI Nestled on a quiet dead-end road, this charming log home offers peaceful lakeside living o...	3 beds \| 1 baths \| 1,440 sq.ft.	$309,000	Airbnb cash on cash: 1.45% Traditional cash on cash: 4.59% Airbnb Rental Income: $1500 Traditional Rental Income: $1976 Airbnb ROI: 1.45% Traditional ROI: 4.59%
17 Pokegema Boulevard Rice Lake, WI Welcome to this spacious 4-bedroom, 2-bathroom home located in the heart of Rice Lake! Per...	4 beds \| 3 baths \| 3,224 sq.ft.	$299,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.95% Airbnb Rental Income: $null Traditional Rental Income: $3320 Airbnb ROI: N/A Traditional ROI: 8.95%
303 Camelot Lane Rice Lake, WI This like-new Kennedy model twin home in the Moon Lake neighborhood of Rice Lake has been ...	3 beds \| 3 baths \| 1,976 sq.ft.	$380,000	Airbnb cash on cash: 0.05% Traditional cash on cash: 0.27% Airbnb Rental Income: $1500 Traditional Rental Income: $1140 Airbnb ROI: 0.05% Traditional ROI: 0.27%
803 N Main Street Rice Lake, WI Step into timeless charm with this beautifully updated 4-bedroom home built in the early 1...	4 beds \| 3 baths \| 2,608 sq.ft.	$270,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.39% Airbnb Rental Income: $null Traditional Rental Income: $1669 Airbnb ROI: N/A Traditional ROI: 3.39%
2047 23 11/16 Avenue Rice Lake, WI High quality craftmanship and custom design highlight this beautiful 4 bed, 3 bath home. M...	4 beds \| 3 baths \| 2,472 sq.ft.	$519,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.9% Airbnb Rental Income: $null Traditional Rental Income: $2866 Airbnb ROI: N/A Traditional ROI: 3.9%
2451 25th Avenue Rice Lake, WI Discover the perfect mix of comfort and country living with this well-maintained 4BR/3BA h...	4 beds \| 3 baths \| 3,488 sq.ft.	$629,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.7% Airbnb Rental Income: $null Traditional Rental Income: $3344 Airbnb ROI: N/A Traditional ROI: 3.7%
735 Diamond Lane Rice Lake, WI Step into comfort and style with this beautifully maintained twinhome, perfectly situated ...	3 beds \| 2 baths \| 1,824 sq.ft.	$279,900	Airbnb cash on cash: 1.1% Traditional cash on cash: 6.35% Airbnb Rental Income: $1500 Traditional Rental Income: $2446 Airbnb ROI: 1.1% Traditional ROI: 6.35%
Cameron Road Rice Lake, WI Hetrick New Homes Construction will build to suit from existing floor plans, several color...	2 beds \| 2 baths \| 1,310 sq.ft.	$407,250	Airbnb cash on cash: 1.64% Traditional cash on cash: 4.61% Airbnb Rental Income: $1565 Traditional Rental Income: $2249 Airbnb ROI: 1.64% Traditional ROI: 4.61%
432 S Wisconsin Avenue Rice Lake, WI Located on a double lot, this home features 4 spacious bedrooms, 2 bathrooms, and laundry ...	4 beds \| 3 baths \| 2,404 sq.ft.	$279,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.17% Airbnb Rental Income: $null Traditional Rental Income: $3193 Airbnb ROI: N/A Traditional ROI: 9.17%
603 W Eau Claire Street Rice Lake, WI Welcome to this adorable bungalow located on a quiet street in Rice Lake! This inviting ho...	3 beds \| 2 baths \| 1,020 sq.ft.	$185,000	Airbnb cash on cash: 3.36% Traditional cash on cash: 8.56% Airbnb Rental Income: $1500 Traditional Rental Income: $1977 Airbnb ROI: 3.36% Traditional ROI: 8.56%
1114 Heart Island Parkway Rice Lake, WI Step into this gorgeous home on Rice Lake! This home features 4 bedrooms with an additiona...	4 beds \| 4 baths \| 3,351 sq.ft.	$1,150,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.61% Airbnb Rental Income: $null Traditional Rental Income: $4040 Airbnb ROI: N/A Traditional ROI: 1.61%
320 Badger Road Rice Lake, WI Step inside to an inviting open floor plan filled with modern updates throughout. This stu...	4 beds \| 3 baths \| 2,000 sq.ft.	$369,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.33% Airbnb Rental Income: $null Traditional Rental Income: $2848 Airbnb ROI: N/A Traditional ROI: 5.33%
765 Diamond Lane Rice Lake, WI Welcome to this beautiful twinhome, built in 2010 and nestled on a peaceful .17-acre lot i...	3 beds \| 2 baths \| 1,824 sq.ft.	$278,900	Airbnb cash on cash: 1.22% Traditional cash on cash: 7.12% Airbnb Rental Income: $1500 Traditional Rental Income: $2611 Airbnb ROI: 1.22% Traditional ROI: 7.12%
780 Diamond Lane Rice Lake, WI This meticulously maintained and very cozy 3-bedroom, 2-bath home is truly move-in ready. ...	3 beds \| 2 baths \| 1,676 sq.ft.	$267,700	Airbnb cash on cash: 1.23% Traditional cash on cash: 6.19% Airbnb Rental Income: $1500 Traditional Rental Income: $2314 Airbnb ROI: 1.23% Traditional ROI: 6.19%
521 Pine Place Rice Lake, WI Discover your dream home in the sought-after Pine Place neighborhood of Rice Lake. This pr...	5 beds \| 4 baths \| 4,329 sq.ft.	$529,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.68% Airbnb Rental Income: $null Traditional Rental Income: $3680 Airbnb ROI: N/A Traditional ROI: 4.68%
2540 Mercury Avenue lot: 35 Rice Lake, WI Welcome to the C&M Home Builders Harrison plan! This stunning house offers a range of impr...	2 beds \| 2 baths \| 1,330 sq.ft.	$369,900	Airbnb cash on cash: 1.94% Traditional cash on cash: 7.25% Airbnb Rental Income: $1565 Traditional Rental Income: $2957 Airbnb ROI: 1.94% Traditional ROI: 7.25%

Real Estate investment in Rice-lake, WI

There are 55 properties for sale in the city of Rice Lake . The median list price in Rice Lake is $299,000 and the average price per square foot is $145. In March 2026, the average monthly cash on cash return in Rice Lake is 4.00%. The average monthly rental income in Rice Lake is $2,031.

Rice-lake, WI Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 55 investment properties available for sale in Rice-lake.

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

The ROI for Long-Term is higher than the Short-Term in Rice-lake with average rental income of $2,031.

Your search for investment property begins and ends here

Investment Property for Sale in Rice Lake, WI

1017 Colan Boulevard

Rice Lake, WI

3 beds | 1 baths | 1,056 sq.ft.

$419,000

Airbnb cash on cash: 0.79%

Traditional cash on cash: 2.64%

Airbnb Rental Income: $1500

Traditional Rental Income: $1789

Airbnb ROI: 0.79%

Traditional ROI: 2.64%

1831 Montanis Avenue

Rice Lake, WI

2 beds | 1 baths | 1,630 sq.ft.

$230,000

Airbnb cash on cash: 1.53%

Traditional cash on cash: 5.46%

Airbnb Rental Income: $1565

Traditional Rental Income: $1971

Airbnb ROI: 1.53%

Traditional ROI: 5.46%

35 Phipps Avenue

Rice Lake, WI

3 beds | 1 baths | 1,872 sq.ft.

$205,000

Airbnb cash on cash: 2.77%

Traditional cash on cash: 4.54%

Airbnb Rental Income: $1500

Traditional Rental Income: $1405

Airbnb ROI: 2.77%

Traditional ROI: 4.54%

1409 W Marshall Street

Rice Lake, WI

4 beds | 4 baths | 3,800 sq.ft.

$369,900

Airbnb cash on cash: N/A

Traditional cash on cash: 8.06%

Airbnb Rental Income: $null

Traditional Rental Income: $3641

Airbnb ROI: N/A

Traditional ROI: 8.06%

1034 Nunn Avenue

Rice Lake, WI

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

$215,000

Airbnb cash on cash: 2.22%

Traditional cash on cash: 2.61%

Airbnb Rental Income: $1500

Traditional Rental Income: $1140

Airbnb ROI: 2.22%

Traditional ROI: 2.61%

2563 27 1/4 27 3/4 Street

Rice Lake, WI

3 beds | 3 baths | 2,012 sq.ft.

$689,000

Airbnb cash on cash: -0.54%

Traditional cash on cash: 1.51%

Airbnb Rental Income: $1500

Traditional Rental Income: $2376

Airbnb ROI: -0.54%

Traditional ROI: 1.51%

2391 28th Street

Rice Lake, WI

2 beds | 1 baths | 948 sq.ft.

$247,700

Airbnb cash on cash: 2.49%

Traditional cash on cash: 2.65%

Airbnb Rental Income: $1565

Traditional Rental Income: $1154

Airbnb ROI: 2.49%

Traditional ROI: 2.65%

512 W Evans Street

Rice Lake, WI

3 beds | 3 baths | 1,940 sq.ft.

$284,500

Airbnb cash on cash: 1.29%

Traditional cash on cash: 1.59%

Airbnb Rental Income: $1500

Traditional Rental Income: $1140

Airbnb ROI: 1.29%