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
2549 25th Avenue Rice Lake, WI Private, peaceful, and full of potentialâ2549 25th Ave offers the ideal setting for your...	3 beds \| 3 baths \| 3,168 sq.ft.	$524,900	Airbnb cash on cash: 0.04% Traditional cash on cash: 3.68% Airbnb Rental Income: $1500 Traditional Rental Income: $2847 Airbnb ROI: 0.04% Traditional ROI: 3.68%
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%
1516 E Orchard Beach Lane Rice Lake, WI A Lakeside Haven of Timeless Elegance. Step into a world where sophistication meets sereni...	4 beds \| 5 baths \| 4,978 sq.ft.	$848,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.86% Airbnb Rental Income: $null Traditional Rental Income: $5711 Airbnb ROI: N/A Traditional ROI: 4.86%
2277 20 3/4 Street Rice Lake, WI This hard-to-find property consists of a beautiful 3 bed, 3 bath home with a very nice att...	3 beds \| 3 baths \| 3,121 sq.ft.	$409,900	Airbnb cash on cash: 0.54% Traditional cash on cash: 5.87% Airbnb Rental Income: $1500 Traditional Rental Income: $3111 Airbnb ROI: 0.54% Traditional ROI: 5.87%
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.	$267,700	Airbnb cash on cash: 1.44% Traditional cash on cash: 4.83% Airbnb Rental Income: $1565 Traditional Rental Income: $1971 Airbnb ROI: 1.44% Traditional ROI: 4.83%
123 Hilltop Drive Rice Lake, WI Step inside this charming 2 bedroom, 1 bathroom home nestled on a spacious .30 acre lot in...	2 beds \| 1 baths \| 1,342 sq.ft.	$199,000	Airbnb cash on cash: 2.89% Traditional cash on cash: 5.87% Airbnb Rental Income: $1565 Traditional Rental Income: $1679 Airbnb ROI: 2.89% Traditional ROI: 5.87%
835 Craite Avenue Rice Lake, WI Why Rent When You Can Own? Step into this cozy 1.5-story home perfectly located just minut...	4 beds \| 1 baths \| 1,387 sq.ft.	$214,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.42% Airbnb Rental Income: $null Traditional Rental Income: $2009 Airbnb ROI: N/A Traditional ROI: 7.42%
416 W Marshall Street Rice Lake, WI This 2-story home offers plenty of space and classic character, including original woodwor...	3 beds \| 1 baths \| 1,796 sq.ft.	$165,000	Airbnb cash on cash: 2.91% Traditional cash on cash: 8.59% Airbnb Rental Income: $1500 Traditional Rental Income: $1955 Airbnb ROI: 2.91% Traditional ROI: 8.59%
508 W Allen Street Rice Lake, WI Charming 2-Bed, 1-Bath Home in the Heart of Rice Lake. Welcome home to this beautifully r...	2 beds \| 1 baths \| 648 sq.ft.	$154,000	Airbnb cash on cash: 4.59% Traditional cash on cash: 6.05% Airbnb Rental Income: $1565 Traditional Rental Income: $1330 Airbnb ROI: 4.59% Traditional ROI: 6.05%
2120 20 1/2 Avenue Rice Lake, WI Discover your lakeside retreat with this charming 3-bedroom home, perfectly situated on a ...	3 beds \| 3 baths \| 1,786 sq.ft.	$359,000	Airbnb cash on cash: 0.76% Traditional cash on cash: 6.25% Airbnb Rental Income: $1500 Traditional Rental Income: $2912 Airbnb ROI: 0.76% Traditional ROI: 6.25%
120 Noble Avenue Rice Lake, WI Charming ranch home in the heart of Rice Lake! This well-kept property offers 2 main-floor...	2 beds \| 1 baths \| 808 sq.ft.	$174,900	Airbnb cash on cash: 4.07% Traditional cash on cash: 6.59% Airbnb Rental Income: $1565 Traditional Rental Income: $1536 Airbnb ROI: 4.07% Traditional ROI: 6.59%
19 W Gates Street Rice Lake, WI Discover modern comfort and classic charm in this beautifully refreshed 4-bedroom, 2-bathr...	4 beds \| 2 baths \| 1,953 sq.ft.	$229,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.77% Airbnb Rental Income: $null Traditional Rental Income: $2721 Airbnb ROI: N/A Traditional ROI: 9.77%
103 Kleusch Road Rice Lake, WI Discover your dream home, a stunning multi-level residence where brilliant design and an o...	3 beds \| 2 baths \| 2,225 sq.ft.	$350,000	Airbnb cash on cash: 0.56% Traditional cash on cash: 3.36% Airbnb Rental Income: $1500 Traditional Rental Income: $1983 Airbnb ROI: 0.56% Traditional ROI: 3.36%
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.	$699,000	Airbnb cash on cash: -0.42% Traditional cash on cash: 1.6% Airbnb Rental Income: $1500 Traditional Rental Income: $2376 Airbnb ROI: -0.42% Traditional ROI: 1.6%
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%
612 W Marshall Street Rice Lake, WI Welcome to this charming 3-bedroom, 1-bathroom home in the heart of Rice Lake! Perfectly l...	3 beds \| 1 baths \| 1,296 sq.ft.	$174,500	Airbnb cash on cash: 3.55% Traditional cash on cash: 4.38% Airbnb Rental Income: $1500 Traditional Rental Income: $1198 Airbnb ROI: 3.55% Traditional ROI: 4.38%
615 S Wisconsin Avenue Rice Lake, WI Ranch home with no stairs! This bright and inviting, zero-entry home is designed for comfo...	3 beds \| 2 baths \| 1,506 sq.ft.	$285,000	Airbnb cash on cash: 0.55% Traditional cash on cash: 4.63% Airbnb Rental Income: $1500 Traditional Rental Income: $2158 Airbnb ROI: 0.55% Traditional ROI: 4.63%
612 W Eau Claire Street Rice Lake, WI Welcome to this beautifully updated 3 bed, 2 bath Rice Lake home that blends modern comfor...	3 beds \| 2 baths \| 1,387 sq.ft.	$244,000	Airbnb cash on cash: 1.91% Traditional cash on cash: 7.23% Airbnb Rental Income: $1500 Traditional Rental Income: $2287 Airbnb ROI: 1.91% Traditional ROI: 7.23%
2964 Moon Lake Drive Rice Lake, WI Here's your chance to join a wonderful, established neighborhood! Step inside to find a br...	3 beds \| 3 baths \| 2,052 sq.ft.	$389,900	Airbnb cash on cash: 0.37% Traditional cash on cash: 3.11% Airbnb Rental Income: $1500 Traditional Rental Income: $2063 Airbnb ROI: 0.37% Traditional ROI: 3.11%
2954 Camelot Circle Rice Lake, WI Welcome to this beautiful twin home nestled in the desirable Moon Lake Development! Situat...	2 beds \| 1 baths \| 1,172 sq.ft.	$259,900	Airbnb cash on cash: 1.62% Traditional cash on cash: 2.7% Airbnb Rental Income: $1565 Traditional Rental Income: $1381 Airbnb ROI: 1.62% Traditional ROI: 2.7%
2199 20 1/8 Avenue Rice Lake, WI Welcome to this beautifully updated 3-bedroom, 2-bath bi-level home on a spacious .53-acre...	3 beds \| 2 baths \| 2,110 sq.ft.	$329,900	Airbnb cash on cash: 1.32% Traditional cash on cash: 4.62% Airbnb Rental Income: $1500 Traditional Rental Income: $2084 Airbnb ROI: 1.32% Traditional ROI: 4.62%
638 Jupiter Court lot: 50 Rice Lake, WI The Kennedy single family plan is one of C&M Construction's most sought-after designs. Thi...	2 beds \| 2 baths \| 1,306 sq.ft.	$374,900	Airbnb cash on cash: 0.08% Traditional cash on cash: 2.46% Airbnb Rental Income: $1565 Traditional Rental Income: $1955 Airbnb ROI: 0.08% Traditional ROI: 2.46%
519 Cameron Road Rice Lake, WI Seller offering up to 1% interest rate Buy Down. This Amazing new construction is ready to...	4 beds \| 3 baths \| 2,275 sq.ft.	$415,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.15% Airbnb Rental Income: $null Traditional Rental Income: $2147 Airbnb ROI: N/A Traditional ROI: 4.15%
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 New Price! Discover the perfect mix of comfort and country living with this well-maintaine...	4 beds \| 3 baths \| 3,488 sq.ft.	$649,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.94% Airbnb Rental Income: $null Traditional Rental Income: $3344 Airbnb ROI: N/A Traditional ROI: 3.94%
604 Parkside Place Rice Lake, WI This is a one-of-a-kind opportunity to own a rare piece of lakefront paradise. This 4-bed...	4 beds \| 3 baths \| 3,529 sq.ft.	$629,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.76% Airbnb Rental Income: $null Traditional Rental Income: $3569 Airbnb ROI: N/A Traditional ROI: 3.76%
24 W Slocumb Street Rice Lake, WI This charming property is brimming with potential and ready for its next chapter! Whether ...	3 beds \| 1 baths \| 1,120 sq.ft.	$120,000	Airbnb cash on cash: 5.81% Traditional cash on cash: 11.82% Airbnb Rental Income: $1500 Traditional Rental Income: $1756 Airbnb ROI: 5.81% Traditional ROI: 11.82%
1500 W Allen Street Rice Lake, WI Welcome to your dream home! This stunning 4-bedroom, 2.5-bathroom retreat sits on an expan...	4 beds \| 3 baths \| 2,724 sq.ft.	$340,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.25% Airbnb Rental Income: $null Traditional Rental Income: $3125 Airbnb ROI: N/A Traditional ROI: 7.25%
1230 E Orchard Beach Lane unit: C #C Rice Lake, WI A well-kept 2-bedroom 2 bath condo unit located in the southeastern part of the City of Ri...	2 beds \| 2 baths \| 1,235 sq.ft.	$269,000	Airbnb cash on cash: 0.62% Traditional cash on cash: 3.75% Airbnb Rental Income: $1565 Traditional Rental Income: $1911 Airbnb ROI: 0.62% Traditional ROI: 3.75%
2005 21 5/8 Street Rice Lake, WI Nestled in privacy with tree surround and 440+ feet of frontage on Rice Lake this property...	3 beds \| 3 baths \| 1,375 sq.ft.	$379,000	Airbnb cash on cash: 0.61% Traditional cash on cash: 4.54% Airbnb Rental Income: $1500 Traditional Rental Income: $2458 Airbnb ROI: 0.61% Traditional ROI: 4.54%
735 Diamond Lane Rice Lake, WI Step into comfort and style with this beautifully maintained twinhome, perfectly situated ...	3 beds \| 2 baths \| 1,756 sq.ft.	$279,900	Airbnb cash on cash: 1.14% Traditional cash on cash: 6.39% Airbnb Rental Income: $1500 Traditional Rental Income: $2446 Airbnb ROI: 1.14% Traditional ROI: 6.39%
Part of Lot 4 Cameron Road Rice Lake, WI Seller offering up to 1% buydown on interest rate. Come look at 519 Cameron Road, Rice Lak...	3 beds \| 3 baths \| 2,600 sq.ft.	$438,250	Airbnb cash on cash: 1.32% Traditional cash on cash: 6.34% Airbnb Rental Income: $1500 Traditional Rental Income: $3122 Airbnb ROI: 1.32% Traditional ROI: 6.34%
1915 19 Avenue Rice Lake, WI COUNTRY LIVING WITHIN JUST MINUTES OF TOWN - Private location, yet conveniently located on...	4 beds \| 4 baths \| 2,980 sq.ft.	$514,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.25% Airbnb Rental Income: $null Traditional Rental Income: $4038 Airbnb ROI: N/A Traditional ROI: 6.25%
2231 18 3/4 Avenue Rice Lake, WI Nestled in a peaceful neighborhood, this inviting 3-bedroom, 2-bathroom country-style hous...	3 beds \| 2 baths \| 2,036 sq.ft.	$349,000	Airbnb cash on cash: 1.1% Traditional cash on cash: 5.75% Airbnb Rental Income: $1500 Traditional Rental Income: $2585 Airbnb ROI: 1.1% Traditional ROI: 5.75%
725 Diamond Lane Rice Lake, WI Welcome home to this beautifully maintained twinhome, tucked in a peaceful neighborhood in...	3 beds \| 2 baths \| 1,756 sq.ft.	$279,900	Airbnb cash on cash: 1.1% Traditional cash on cash: 6.55% Airbnb Rental Income: $1500 Traditional Rental Income: $2498 Airbnb ROI: 1.1% Traditional ROI: 6.55%
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: 5.12% Airbnb Rental Income: $null Traditional Rental Income: $3785 Airbnb ROI: N/A Traditional ROI: 5.12%
2026 18 3/4 Street Rice Lake, WI LOCATION! LOCATION! LOCATION! Just minutes from city amenities, this beautiful home offers...	4 beds \| 3 baths \| 3,408 sq.ft.	$429,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.86% Airbnb Rental Income: $null Traditional Rental Income: $3213 Airbnb ROI: N/A Traditional ROI: 5.86%
1221 Ruby Avenue Rice Lake, WI This move-in ready home sits on a quiet dead-end road in Rice Lake and is surrounded by be...	4 beds \| 2 baths \| 1,862 sq.ft.	$230,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.7% Airbnb Rental Income: $null Traditional Rental Income: $2749 Airbnb ROI: N/A Traditional ROI: 9.7%
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: 5.25% Airbnb Rental Income: $1565 Traditional Rental Income: $2265 Airbnb ROI: 1.94% Traditional ROI: 5.25%
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%

Real Estate investment in Rice-lake, WI

There are 52 properties for sale in the city of Rice Lake . The median list price in Rice Lake is $340,000 and the average price per square foot is $163. In December 2025, the average monthly cash on cash return in Rice Lake is 5.00%. The average monthly rental income in Rice Lake is $2,373.

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

There are 52 investment properties available for sale in Rice-lake.

In 2025, 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 $2,373.

Your search for investment property begins and ends here

Investment Property for Sale in Rice Lake, WI

2549 25th Avenue

Rice Lake, WI

3 beds | 3 baths | 3,168 sq.ft.

$524,900

Airbnb cash on cash: 0.04%

Traditional cash on cash: 3.68%

Airbnb Rental Income: $1500

Traditional Rental Income: $2847

Airbnb ROI: 0.04%

Traditional ROI: 3.68%

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%

1516 E Orchard Beach Lane

Rice Lake, WI

4 beds | 5 baths | 4,978 sq.ft.

$848,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.86%

Airbnb Rental Income: $null

Traditional Rental Income: $5711

Airbnb ROI: N/A

Traditional ROI: 4.86%

2277 20 3/4 Street

Rice Lake, WI

3 beds | 3 baths | 3,121 sq.ft.

$409,900

Airbnb cash on cash: 0.54%

Traditional cash on cash: 5.87%

Airbnb Rental Income: $1500

Traditional Rental Income: $3111

Airbnb ROI: 0.54%

Traditional ROI: 5.87%

1831 Montanis Avenue

Rice Lake, WI

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

$267,700

Airbnb cash on cash: 1.44%

Traditional cash on cash: 4.83%

Airbnb Rental Income: $1565

Traditional Rental Income: $1971

Airbnb ROI: 1.44%

Traditional ROI: 4.83%

123 Hilltop Drive

Rice Lake, WI

2 beds | 1 baths | 1,342 sq.ft.

$199,000

Airbnb cash on cash: 2.89%

Traditional cash on cash: 5.87%

Airbnb Rental Income: $1565

Traditional Rental Income: $1679

Airbnb ROI: 2.89%

Traditional ROI: 5.87%

835 Craite Avenue

Rice Lake, WI

4 beds | 1 baths | 1,387 sq.ft.

$214,900

Airbnb cash on cash: N/A

Traditional cash on cash: 7.42%

Airbnb Rental Income: $null

Traditional Rental Income: $2009

Airbnb ROI: N/A

Traditional ROI: 7.42%

416 W Marshall Street

Rice Lake, WI

3 beds | 1 baths | 1,796 sq.ft.

$165,000

Airbnb cash on cash: 2.91%

Traditional cash on cash: 8.59%

Airbnb Rental Income: $1500

Traditional Rental Income: $1955

Airbnb ROI: 2.91%