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.	$1,149,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.43% Airbnb Rental Income: $null Traditional Rental Income: $7019 Airbnb ROI: N/A Traditional ROI: 4.43%
745 Diamond Ln 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.	$324,900	Airbnb cash on cash: 2.42% Traditional cash on cash: 5.49% Airbnb Rental Income: $2150 Traditional Rental Income: $2537 Airbnb ROI: 2.42% Traditional ROI: 5.49%
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.	$405,900	Airbnb cash on cash: 1.97% Traditional cash on cash: 5.94% Airbnb Rental Income: $2150 Traditional Rental Income: $3111 Airbnb ROI: 1.97% Traditional ROI: 5.94%
1831 Montanis Ave 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: 1.17% Traditional cash on cash: 5.46% Airbnb Rental Income: $1471 Traditional Rental Income: $1971 Airbnb ROI: 1.17% Traditional ROI: 5.46%
2425 27 1/2 St Rice Lake, WI Welcome to this beautiful lake home set on a peaceful 1.01 acre lot with 180 feet of front...	4 beds \| 3 baths \| 3,135 sq.ft.	$470,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.62% Airbnb Rental Income: $null Traditional Rental Income: $3427 Airbnb ROI: N/A Traditional ROI: 5.62%
326 Mission Dr Rice Lake, WI Welcome to this inviting 3 bedroom, 2.5 bathroom home set on a beautifully maintained .31 ...	3 beds \| 2 baths \| 1,792 sq.ft.	$299,000	Airbnb cash on cash: 2.94% Traditional cash on cash: 1.3% Airbnb Rental Income: $2150 Traditional Rental Income: $1140 Airbnb ROI: 2.94% Traditional ROI: 1.3%
1899 22 1/2 St 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.	$347,700	Airbnb cash on cash: 1.07% Traditional cash on cash: 3.22% Airbnb Rental Income: $1471 Traditional Rental Income: $1741 Airbnb ROI: 1.07% Traditional ROI: 3.22%
2391 28th St 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.	$224,700	Airbnb cash on cash: 2.47% Traditional cash on cash: 4.49% Airbnb Rental Income: $1471 Traditional Rental Income: $1467 Airbnb ROI: 2.47% Traditional ROI: 4.49%
512 W Evans St 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.	$274,900	Airbnb cash on cash: 3.46% Traditional cash on cash: 8.52% Airbnb Rental Income: $2150 Traditional Rental Income: $2914 Airbnb ROI: 3.46% Traditional ROI: 8.52%
2473 27 1/2 St 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.	$289,900	Airbnb cash on cash: 3.59% Traditional cash on cash: 4.96% Airbnb Rental Income: $2150 Traditional Rental Income: $1976 Airbnb ROI: 3.59% Traditional ROI: 4.96%
303 Camelot Ln 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: 1.57% Traditional cash on cash: 5.11% Airbnb Rental Income: $2150 Traditional Rental Income: $2864 Airbnb ROI: 1.57% Traditional ROI: 5.11%
1415 Duke St Rice Lake, WI This timeless home is in a highly desired Rice Lake neighborhood, blocks from the High Sch...	3 beds \| 2 baths \| 2,214 sq.ft.	$319,900	Airbnb cash on cash: 3.21% Traditional cash on cash: 4.1% Airbnb Rental Income: $2150 Traditional Rental Income: $1870 Airbnb ROI: 3.21% Traditional ROI: 4.1%
2525 27 1/4 27 3/4 St #B Rice Lake, WI Welcome to your own slice of lake life on Red Cedar Lake with this beautifully updated hom...	3 beds \| 1 baths \| 1,652 sq.ft.	$647,700	Airbnb cash on cash: 0.68% Traditional cash on cash: 1.06% Airbnb Rental Income: $2150 Traditional Rental Income: $1833 Airbnb ROI: 0.68% Traditional ROI: 1.06%
903 Mission Dr Rice Lake, WI Welcome to a home that checks all the boxes for today's Rice Lake buyer; space, comfort, u...	3 beds \| 2 baths \| 2,080 sq.ft.	$330,000	Airbnb cash on cash: 2.3% Traditional cash on cash: 5.37% Airbnb Rental Income: $2150 Traditional Rental Income: $2554 Airbnb ROI: 2.3% Traditional ROI: 5.37%
2281 20 3/4 Street Rice Lake, WI Located just outside Rice Lake in a sought-after neighborhood, this spacious multi-level h...	3 beds \| 3 baths \| 1,792 sq.ft.	$359,900	Airbnb cash on cash: 2.59% Traditional cash on cash: 5.81% Airbnb Rental Income: $2150 Traditional Rental Income: $2692 Airbnb ROI: 2.59% Traditional ROI: 5.81%
2047 23 11/16 Ave 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 Ave 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%
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: 2.11% Traditional cash on cash: 5.91% Airbnb Rental Income: $2150 Traditional Rental Income: $2849 Airbnb ROI: 2.11% 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%
432 S Wisconsin Ave Rice Lake, WI Located on a double lot, this home features 4 spacious bedrooms, 2 bathrooms, and laundry ...	4 beds \| 2 baths \| 2,404 sq.ft.	$259,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.94% Airbnb Rental Income: $null Traditional Rental Income: $3193 Airbnb ROI: N/A Traditional ROI: 9.94%
1114 Heart Island Pkwy Rice Lake, WI Step into this gorgeous home on Rice Lake! This home features 4 bedrooms with an additiona...	4 beds \| 3 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 Rd Rice Lake, WI Step inside to an inviting open floor plan filled with modern updates throughout. This stu...	4 beds \| 2 baths \| 2,000 sq.ft.	$349,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.69% Airbnb Rental Income: $null Traditional Rental Income: $2848 Airbnb ROI: N/A Traditional ROI: 5.69%
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: 3.29% Traditional cash on cash: 7.12% Airbnb Rental Income: $2150 Traditional Rental Income: $2611 Airbnb ROI: 3.29% Traditional ROI: 7.12%
2273 18th Ave Rice Lake, WI Incredible opportunity for country living in an updated farmhouse full of character! Main ...	4 beds \| 1 baths \| 2,200 sq.ft.	$155,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.02% Airbnb Rental Income: $null Traditional Rental Income: $2030 Airbnb ROI: N/A Traditional ROI: 10.02%
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: 1.91% Traditional cash on cash: 4% Airbnb Rental Income: $2150 Traditional Rental Income: $2268 Airbnb ROI: 1.91% 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%
1735 Augusta St Rice Lake, WI 1735 Augusta St, Rice Lake, WI 54868 \| Single Family Residential	4 beds \| 2 baths \| 3,163 sq.ft.	$424,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.21% Airbnb Rental Income: $null Traditional Rental Income: $2895 Airbnb ROI: N/A Traditional ROI: 4.21%
XXX 23rd St Rice Lake, WI XXX 23rd St, Rice Lake, WI 54868 \| Single Family Residential	4 beds \| 1 baths \| 2,200 sq.ft.	$155,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.39% Airbnb Rental Income: $null Traditional Rental Income: $1605 Airbnb ROI: N/A Traditional ROI: 7.39%
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%

Real Estate investment in Rice-lake, WI

There are 91 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 $144. In May 2026, the average monthly cash on cash return in Rice Lake is 5.00%. The average monthly rental income in Rice Lake is $2,100.

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

There are 91 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 $2,100.

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.

$1,149,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.43%

Airbnb Rental Income: $null

Traditional Rental Income: $7019

Airbnb ROI: N/A

Traditional ROI: 4.43%

745 Diamond Ln

Rice Lake, WI

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

$324,900

Airbnb cash on cash: 2.42%

Traditional cash on cash: 5.49%

Airbnb Rental Income: $2150

Traditional Rental Income: $2537

Airbnb ROI: 2.42%

Traditional ROI: 5.49%

2277 20 3/4 Street

Rice Lake, WI

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

$405,900

Airbnb cash on cash: 1.97%

Traditional cash on cash: 5.94%

Airbnb Rental Income: $2150

Traditional Rental Income: $3111

Airbnb ROI: 1.97%

Traditional ROI: 5.94%

1831 Montanis Ave

Rice Lake, WI

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

$230,000

Airbnb cash on cash: 1.17%

Traditional cash on cash: 5.46%

Airbnb Rental Income: $1471

Traditional Rental Income: $1971

Airbnb ROI: 1.17%

Traditional ROI: 5.46%

2425 27 1/2 St

Rice Lake, WI

4 beds | 3 baths | 3,135 sq.ft.

$470,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.62%

Airbnb Rental Income: $null

Traditional Rental Income: $3427

Airbnb ROI: N/A

Traditional ROI: 5.62%

326 Mission Dr

Rice Lake, WI

3 beds | 2 baths | 1,792 sq.ft.

$299,000

Airbnb cash on cash: 2.94%

Traditional cash on cash: 1.3%

Airbnb Rental Income: $2150

Traditional Rental Income: $1140

Airbnb ROI: 2.94%

Traditional ROI: 1.3%

1899 22 1/2 St

Rice Lake, WI

2 beds | 2 baths | 1,092 sq.ft.

$347,700

Airbnb cash on cash: 1.07%

Traditional cash on cash: 3.22%

Airbnb Rental Income: $1471

Traditional Rental Income: $1741

Airbnb ROI: 1.07%

Traditional ROI: 3.22%

2391 28th St

Rice Lake, WI

2 beds | 1 baths | 948 sq.ft.

$224,700

Airbnb cash on cash: 2.47%

Traditional cash on cash: 4.49%

Airbnb Rental Income: $1471

Traditional Rental Income: $1467

Airbnb ROI: 2.47%