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
2772 25th Ave Rice Lake, WI This one-of-a-kind property includes a well-cared for home plus 3 cabins on a 1.6-acre lot...	5 beds \| 5 baths \| 4,274 sq.ft.	$999,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.24% Airbnb Rental Income: $null Traditional Rental Income: $7019 Airbnb ROI: N/A Traditional ROI: 5.24%
745 Diamond Lane Rice Lake, WI Welcome home to this well-maintained single level twin home in a desirable location within...	3 beds \| 2 baths \| 2,632 sq.ft.	$309,000	Airbnb cash on cash: 2.79% Traditional cash on cash: 5.8% Airbnb Rental Income: $2222 Traditional Rental Income: $2537 Airbnb ROI: 2.79% Traditional ROI: 5.8%
202 E Gates Street Rice Lake, WI Discover affordable space, comfort, and convenience in this 4 bedroom, 2 bathroom home in ...	4 beds \| 2 baths \| 1,651 sq.ft.	$199,900	Airbnb cash on cash: N/A Traditional cash on cash: 10.41% Airbnb Rental Income: $null Traditional Rental Income: $2482 Airbnb ROI: N/A Traditional ROI: 10.41%
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.	$199,000	Airbnb cash on cash: 1.69% Traditional cash on cash: 6.44% Airbnb Rental Income: $1515 Traditional Rental Income: $1971 Airbnb ROI: 1.69% Traditional ROI: 6.44%
36 W Eau Claire Street #1-4 Rice Lake, WI Expand your rental portfolio or take the first step into real estate investing with this w...	N/A beds \| N/A baths \| 2,728 sq.ft.	$400,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.87% Airbnb Rental Income: $null Traditional Rental Income: $1445 Airbnb ROI: N/A Traditional ROI: 1.87%
1502 W Marshall St Rice Lake, WI Beautifully updated 4 bedroom home on a dead end road in town. Close to schools, parks & h...	5 beds \| 2 baths \| 2,963 sq.ft.	$359,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.45% Airbnb Rental Income: $null Traditional Rental Income: $2663 Airbnb ROI: N/A Traditional ROI: 5.45%
326 Mission Drive Rice Lake, WI Welcome to this inviting 3 bedroom, 2.5 bathroom home set on a beautifully maintained .31 ...	3 beds \| 3 baths \| 1,792 sq.ft.	$299,000	Airbnb cash on cash: 3.16% Traditional cash on cash: 6.5% Airbnb Rental Income: $2222 Traditional Rental Income: $2603 Airbnb ROI: 3.16% Traditional ROI: 6.5%
80 Monroe Ave Rice Lake, WI Nestled in Big Fish bay, this completely updated, turnkey home offers a sought after walki...	3 beds \| 1 baths \| 1,438 sq.ft.	$624,900	Airbnb cash on cash: 1.12% Traditional cash on cash: 2.01% Airbnb Rental Income: $2222 Traditional Rental Income: $2181 Airbnb ROI: 1.12% Traditional ROI: 2.01%
821 Manwaring Avenue Rice Lake, WI Stop scrolling! This Rice Lake charmer deserves your attention! This 3 bedroom, 3 bathroom...	3 beds \| 3 baths \| 3,283 sq.ft.	$279,900	Airbnb cash on cash: 3.57% Traditional cash on cash: 8.7% Airbnb Rental Income: $2222 Traditional Rental Income: $3016 Airbnb ROI: 3.57% Traditional ROI: 8.7%
1899 22 1/2 Street Rice Lake, WI Welcome to this charming 2 bed, 2 bath home nestled on a beautiful 1.99 acre lot just outs...	2 beds \| 2 baths \| 1,092 sq.ft.	$327,700	Airbnb cash on cash: 1.31% Traditional cash on cash: 3.48% Airbnb Rental Income: $1515 Traditional Rental Income: $1741 Airbnb ROI: 1.31% Traditional ROI: 3.48%
411 E Coleman St Rice Lake, WI One level living on a double lot! This home is conveniently located in the city of Rice L...	3 beds \| 2 baths \| 2,178 sq.ft.	$279,900	Airbnb cash on cash: 4.06% Traditional cash on cash: 2.08% Airbnb Rental Income: $2222 Traditional Rental Income: $1140 Airbnb ROI: 4.06% Traditional ROI: 2.08%
716 Lee Street Rice Lake, WI Spacious and freshly updated 5-bedroom, 1-bath home conveniently located near the high sch...	5 beds \| 1 baths \| 2,450 sq.ft.	$238,500	Airbnb cash on cash: N/A Traditional cash on cash: 6.12% Airbnb Rental Income: $null Traditional Rental Income: $1969 Airbnb ROI: N/A Traditional ROI: 6.12%
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: 1.74% Traditional cash on cash: 5.11% Airbnb Rental Income: $2222 Traditional Rental Income: $2864 Airbnb ROI: 1.74% Traditional ROI: 5.11%
28 W Stout Street Rice Lake, WI This 4-bedroom, 2-bath home pairs vintage charm with everyday comfort. The main level cent...	4 beds \| 2 baths \| 2,585 sq.ft.	$295,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.36% Airbnb Rental Income: $null Traditional Rental Income: $1989 Airbnb ROI: N/A Traditional ROI: 4.36%
2525 27 1/4 27 3/4 Street #B Rice Lake, WI Welcome to your own slice of lake life on Red Cedar Lake with this beautifully updated hom...	3 beds \| 2 baths \| 1,652 sq.ft.	$647,700	Airbnb cash on cash: 0.78% Traditional cash on cash: 1.06% Airbnb Rental Income: $2222 Traditional Rental Income: $1833 Airbnb ROI: 0.78% Traditional ROI: 1.06%
903 Mission Drive Rice Lake, WI Welcome to a home that checks all the boxes for today's Rice Lake buyer; space, comfort, u...	3 beds \| 3 baths \| 2,080 sq.ft.	$319,900	Airbnb cash on cash: 2.6% Traditional cash on cash: 5.56% Airbnb Rental Income: $2222 Traditional Rental Income: $2554 Airbnb ROI: 2.6% Traditional ROI: 5.56%
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.	$499,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.76% Airbnb Rental Income: $null Traditional Rental Income: $2866 Airbnb ROI: N/A Traditional ROI: 3.76%
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.	$614,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.81% Airbnb Rental Income: $null Traditional Rental Income: $3344 Airbnb ROI: N/A Traditional ROI: 3.81%
2924 Moon Lake Drive Rice Lake, WI Modern design and chic accents welcome you into this beautifully maintained twin home. Ste...	3 beds \| 3 baths \| 1,917 sq.ft.	$349,000	Airbnb cash on cash: 2.29% Traditional cash on cash: 5.91% Airbnb Rental Income: $2222 Traditional Rental Income: $2849 Airbnb ROI: 2.29% Traditional ROI: 5.91%
Cameron Road Rice Lake, WI To be built, Beautiful 4 Bedrooms, 3 Bath, Split Level Home with 3 car garage for all thos...	4 beds \| 3 baths \| 2,276 sq.ft.	$415,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.51% Airbnb Rental Income: $null Traditional Rental Income: $2249 Airbnb ROI: N/A Traditional ROI: 4.51%
1114 Heart Island Parkway Rice Lake, WI The Rice Lake lifestyle buyers dream about is waiting - and homes like this do not come ar...	4 beds \| 4 baths \| 3,351 sq.ft.	$1,000,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.85% Airbnb Rental Income: $null Traditional Rental Income: $4040 Airbnb ROI: N/A Traditional ROI: 1.85%
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.	$339,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.88% Airbnb Rental Income: $null Traditional Rental Income: $2848 Airbnb ROI: N/A Traditional ROI: 5.88%
28 Pokegema Blvd Rice Lake, WI 28 Pokegema Blvd, Rice Lake, WI 54868 \| Single Family Residential	3 beds \| 2 baths \| 2,899 sq.ft.	$339,000	Airbnb cash on cash: 2.1% Traditional cash on cash: 4% Airbnb Rental Income: $2222 Traditional Rental Income: $2268 Airbnb ROI: 2.1% Traditional ROI: 4%
TBD Cameron Rd Rice Lake, WI TBD Cameron Rd, Rice Lake, WI 54868 \| Single Family Residential	4 beds \| 3 baths \| 2,276 sq.ft.	$415,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.66% Airbnb Rental Income: $null Traditional Rental Income: $3006 Airbnb ROI: N/A Traditional ROI: 4.66%
2191 20 1/8 Ave Rice Lake, WI 2191 20 1/8 Ave, Rice Lake, WI 54868 \| Single Family Residential	3 beds \| 2 baths \| 1,613 sq.ft.	$230,000	Airbnb cash on cash: 4.39% Traditional cash on cash: 6.64% Airbnb Rental Income: $2222 Traditional Rental Income: $2152 Airbnb ROI: 4.39% Traditional ROI: 6.64%
Lot 34 21st St Rice Lake, WI Lot 34 21st St, Rice Lake, WI 54868 \| Other	N/A beds \| N/A baths \| N/A	$44,900	Airbnb cash on cash: N/A Traditional cash on cash: 11.47% Airbnb Rental Income: $null Traditional Rental Income: $749 Airbnb ROI: N/A Traditional ROI: 11.47%
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: 3.61% Traditional cash on cash: 6.19% Airbnb Rental Income: $2222 Traditional Rental Income: $2314 Airbnb ROI: 3.61% Traditional ROI: 6.19%
1790 22nd Street Rice Lake, WI Inspection report completed! 4-bedroom, 1-bath farmhouse situated on 18 acres in a desirab...	4 beds \| 1 baths \| 1,600 sq.ft.	$249,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.63% Airbnb Rental Income: $null Traditional Rental Income: $1860 Airbnb ROI: N/A Traditional ROI: 5.63%
2778 19th St Rice Lake, WI 2778 19th St, Rice Lake, WI 54868 \| Other	N/A beds \| N/A baths \| N/A	$174,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.79% Airbnb Rental Income: $null Traditional Rental Income: $861 Airbnb ROI: N/A Traditional ROI: 1.79%

Real Estate investment in Rice-lake, WI

There are 90 properties for sale in the city of Rice Lake . The median list price in Rice Lake is $253,719 and the average price per square foot is $123. In June 2026, the average monthly cash on cash return in Rice Lake is 5.00%. The average monthly rental income in Rice Lake is $2,248.

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

There are 90 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 $2,248.

Your search for investment property begins and ends here

Investment Property for Sale in Rice Lake, WI

2772 25th Ave

Rice Lake, WI

5 beds | 5 baths | 4,274 sq.ft.

$999,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.24%

Airbnb Rental Income: $null

Traditional Rental Income: $7019

Airbnb ROI: N/A

Traditional ROI: 5.24%

745 Diamond Lane

Rice Lake, WI

3 beds | 2 baths | 2,632 sq.ft.

$309,000

Airbnb cash on cash: 2.79%

Traditional cash on cash: 5.8%

Airbnb Rental Income: $2222

Traditional Rental Income: $2537

Airbnb ROI: 2.79%

Traditional ROI: 5.8%

202 E Gates Street

Rice Lake, WI

4 beds | 2 baths | 1,651 sq.ft.

$199,900

Airbnb cash on cash: N/A

Traditional cash on cash: 10.41%

Airbnb Rental Income: $null

Traditional Rental Income: $2482

Airbnb ROI: N/A

Traditional ROI: 10.41%

1831 Montanis Avenue

Rice Lake, WI

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

$199,000

Airbnb cash on cash: 1.69%

Traditional cash on cash: 6.44%

Airbnb Rental Income: $1515

Traditional Rental Income: $1971

Airbnb ROI: 1.69%

Traditional ROI: 6.44%

36 W Eau Claire Street #1-4

Rice Lake, WI

N/A beds | N/A baths | 2,728 sq.ft.

$400,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.87%

Airbnb Rental Income: $null

Traditional Rental Income: $1445

Airbnb ROI: N/A

Traditional ROI: 1.87%

1502 W Marshall St

Rice Lake, WI

5 beds | 2 baths | 2,963 sq.ft.

$359,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.45%

Airbnb Rental Income: $null

Traditional Rental Income: $2663

Airbnb ROI: N/A

Traditional ROI: 5.45%

326 Mission Drive

Rice Lake, WI

3 beds | 3 baths | 1,792 sq.ft.

$299,000

Airbnb cash on cash: 3.16%

Traditional cash on cash: 6.5%

Airbnb Rental Income: $2222

Traditional Rental Income: $2603

Airbnb ROI: 3.16%

Traditional ROI: 6.5%

80 Monroe Ave

Rice Lake, WI

3 beds | 1 baths | 1,438 sq.ft.

$624,900

Airbnb cash on cash: 1.12%

Traditional cash on cash: 2.01%

Airbnb Rental Income: $2222

Traditional Rental Income: $2181

Airbnb ROI: 1.12%