Real Estate Investment Properties for Sale in Waupaca, WI

Looking for investment property in Waupaca, WI with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
E1234 Pine Tree Waupaca, WI Tucked along the shores of Dake Lake on the stunning Chain O' Lakes, this architecturally ...	3 beds \| 2 baths \| 2,380 sq.ft.	$1,675,000	Airbnb cash on cash: -1.03% Traditional cash on cash: -0.05% Airbnb Rental Income: $1873 Traditional Rental Income: $2886 Airbnb ROI: -1.03% Traditional ROI: -0.05%
611 W Fulton St Waupaca, WI Welcome home to this stunning, fully remodeled home on a half-acre lot in the heart of Wau...	4 beds \| 2 baths \| 2,700 sq.ft.	$250,000	Airbnb cash on cash: 1.95% Traditional cash on cash: 10.23% Airbnb Rental Income: $1444 Traditional Rental Income: $3084 Airbnb ROI: 1.95% Traditional ROI: 10.23%
310 Granite St Waupaca, WI Own a piece of Waupaca history. House was once the county jail and is listed in the State ...	N/A beds \| N/A baths \| 2,208 sq.ft.	$150,000	Airbnb cash on cash: 3.86% Traditional cash on cash: 8.46% Airbnb Rental Income: $1390 Traditional Rental Income: $1630 Airbnb ROI: 3.86% Traditional ROI: 8.46%
404 High St Waupaca, WI Full of charm and timeless character, this unique home makes a lasting impression from the...	4 beds \| 1 baths \| 2,291 sq.ft.	$299,000	Airbnb cash on cash: 1.3% Traditional cash on cash: 6.27% Airbnb Rental Income: $1444 Traditional Rental Income: $2413 Airbnb ROI: 1.3% Traditional ROI: 6.27%
E3192 Apple Tree Ln Waupaca, WI This gorgeous Victorian Farmhouse in the heart of Waupaca offers 5BR+ 6BA+ over 3350 sq.ft...	5 beds \| 6 baths \| 3,364 sq.ft.	$610,000	Airbnb cash on cash: 0.85% Traditional cash on cash: 8.65% Airbnb Rental Income: $2311 Traditional Rental Income: $6178 Airbnb ROI: 0.85% Traditional ROI: 8.65%
1547 Foxfire Ct Waupaca, WI Recreation abounds right off the green in this outstanding 4+ bedroom home. Nestled by the...	5 beds \| 3 baths \| 3,119 sq.ft.	$425,000	Airbnb cash on cash: 1.65% Traditional cash on cash: 5.09% Airbnb Rental Income: $2311 Traditional Rental Income: $3107 Airbnb ROI: 1.65% Traditional ROI: 5.09%
1579 FOXFIRE Court Waupaca, WI This stunning Craftsman 4bed, 3bath home offers luxury living right on the golf course. St...	4 beds \| 3 baths \| 3,233 sq.ft.	$449,000	Airbnb cash on cash: -0.28% Traditional cash on cash: 4.53% Airbnb Rental Income: $1444 Traditional Rental Income: $3036 Airbnb ROI: -0.28% Traditional ROI: 4.53%
N4535 Oakland Dr Waupaca, WI Nestled on a 5 acre lot outside of Waupaca, this unique house is ready for its new owners!...	N/A beds \| N/A baths \| 1,200 sq.ft.	$185,000	Airbnb cash on cash: 2.34% Traditional cash on cash: 4.97% Airbnb Rental Income: $1390 Traditional Rental Income: $1432 Airbnb ROI: 2.34% Traditional ROI: 4.97%
N4043 MORGAN Drive Waupaca, WI WOW! This stunning 5BR, 4.5BA Craftsman-style home on 5 acres blends timeless charm w/mode...	5 beds \| 5 baths \| 4,296 sq.ft.	$599,900	Airbnb cash on cash: 0.83% Traditional cash on cash: 7.04% Airbnb Rental Income: $2311 Traditional Rental Income: $5218 Airbnb ROI: 0.83% Traditional ROI: 7.04%
920 Thomas Trl Waupaca, WI New Construction Opportunity in Swan Ridge Estates! To-be-built 3BR, 3BA ranch home with a...	3 beds \| 3 baths \| 2,924 sq.ft.	$628,500	Airbnb cash on cash: 1.14% Traditional cash on cash: 4.05% Airbnb Rental Income: $1873 Traditional Rental Income: $3082 Airbnb ROI: 1.14% Traditional ROI: 4.05%
903 HARDING Street Waupaca, WI Nestled on 3.3 wooded acres along the Waupaca River, this 3 bed, 2.5 bath home offers sere...	3 beds \| 3 baths \| 2,334 sq.ft.	$274,900	Airbnb cash on cash: 2.37% Traditional cash on cash: 10.01% Airbnb Rental Income: $1873 Traditional Rental Income: $3350 Airbnb ROI: 2.37% Traditional ROI: 10.01%
1927 Huffcutt Ln Waupaca, WI Beautiful new home in the City of Waupaca! This open concept 1,411 sf ranch w/great curb a...	3 beds \| 2 baths \| 1,411 sq.ft.	$354,900	Airbnb cash on cash: 1.01% Traditional cash on cash: 4.05% Airbnb Rental Income: $1873 Traditional Rental Income: $2387 Airbnb ROI: 1.01% Traditional ROI: 4.05%
E1402 Grandview Rd Waupaca, WI Centrally located on the shores of McCrossen Lake, this Waupaca Chain O' Lakes home offers...	4 beds \| 2 baths \| 2,156 sq.ft.	$1,490,000	Airbnb cash on cash: -0.88% Traditional cash on cash: 0.46% Airbnb Rental Income: $1444 Traditional Rental Income: $2865 Airbnb ROI: -0.88% Traditional ROI: 0.46%
1926 Huffcutt Ln Waupaca, WI Village of Luxemburg, new 1,621sf ranch w/3 beds & 2 baths. This home features a large cov...	3 beds \| 2 baths \| 1,621 sq.ft.	$369,900	Airbnb cash on cash: 0.85% Traditional cash on cash: 4.04% Airbnb Rental Income: $1873 Traditional Rental Income: $2476 Airbnb ROI: 0.85% Traditional ROI: 4.04%
E2315 Woodridge Dr Waupaca, WI New Year - New Home! Located in the charming Woodridge Subdivision at the very end of the ...	4 beds \| 3 baths \| 2,008 sq.ft.	$399,000	Airbnb cash on cash: 0.47% Traditional cash on cash: 5.1% Airbnb Rental Income: $1444 Traditional Rental Income: $2746 Airbnb ROI: 0.47% Traditional ROI: 5.1%
E1875 MELODY Lane Waupaca, WI Set on a wooded lot on a sleep winding street, this 3BR/1+BA ranch greets w/ maple HW floo...	3 beds \| 1 baths \| 2,063 sq.ft.	$234,900	Airbnb cash on cash: 3.5% Traditional cash on cash: 5.77% Airbnb Rental Income: $1873 Traditional Rental Income: $1878 Airbnb ROI: 3.5% Traditional ROI: 5.77%
E3249 BAGS HILL Road Waupaca, WI Country living on 1.5 acres just minutes south of Waupaca! This beautifully remodeled 3-be...	3 beds \| 2 baths \| 1,346 sq.ft.	$349,900	Airbnb cash on cash: 2.21% Traditional cash on cash: 4.43% Airbnb Rental Income: $1873 Traditional Rental Income: $2100 Airbnb ROI: 2.21% Traditional ROI: 4.43%
N2559 Pleasant View Ln Waupaca, WI N2559 Pleasant View Ln, Waupaca, WI 54981 \| Single Family Residential	4 beds \| 2 baths \| 3,350 sq.ft.	$548,500	Airbnb cash on cash: -1.04% Traditional cash on cash: 2.37% Airbnb Rental Income: $1444 Traditional Rental Income: $2760 Airbnb ROI: -1.04% Traditional ROI: 2.37%
1545 Webster Way Waupaca, WI 1545 Webster Way, Waupaca, WI 54981 \| Single Family Residential	3 beds \| 2 baths \| 1,759 sq.ft.	$334,900	Airbnb cash on cash: 1.18% Traditional cash on cash: 3.7% Airbnb Rental Income: $1873 Traditional Rental Income: $2177 Airbnb ROI: 1.18% Traditional ROI: 3.7%
N2980 Highland Ln Waupaca, WI N2980 Highland Ln, Waupaca, WI 54981 \| Single Family Residential	4 beds \| 3 baths \| 2,980 sq.ft.	$1,850,000	Airbnb cash on cash: -2.31% Traditional cash on cash: -1.21% Airbnb Rental Income: $1444 Traditional Rental Income: $2900 Airbnb ROI: -2.31% Traditional ROI: -1.21%
E1747 Pine Ridge Ln Waupaca, WI E1747 Pine Ridge Ln, Waupaca, WI 54981 \| Single Family Residential	1 beds \| 1 baths \| 896 sq.ft.	$1,600,000	Airbnb cash on cash: -2.58% Traditional cash on cash: -2.21% Airbnb Rental Income: $812 Traditional Rental Income: $1031 Airbnb ROI: -2.58% Traditional ROI: -2.21%
N3054 County Road Qq Waupaca, WI N3054 County Road Qq, Waupaca, WI 54981 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$429,900	Airbnb cash on cash: -0.66% Traditional cash on cash: -1.2% Airbnb Rental Income: $1390 Traditional Rental Income: $749 Airbnb ROI: -0.66% Traditional ROI: -1.2%
Commercial Dr Waupaca, WI Commercial Dr, Waupaca, WI 54981 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$150,000	Airbnb cash on cash: 3.3% Traditional cash on cash: 3.71% Airbnb Rental Income: $1390 Traditional Rental Income: $1029 Airbnb ROI: 3.3% Traditional ROI: 3.71%
1328 Royalton St Waupaca, WI 1328 Royalton St, Waupaca, WI 54981 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$150,000	Airbnb cash on cash: 3.3% Traditional cash on cash: 3.71% Airbnb Rental Income: $1390 Traditional Rental Income: $1029 Airbnb ROI: 3.3% Traditional ROI: 3.71%
1015 W Fulton St Waupaca, WI 1015 W Fulton St, Waupaca, WI 54981 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$574,000	Airbnb cash on cash: -1.2% Traditional cash on cash: -1.09% Airbnb Rental Income: $1390 Traditional Rental Income: $1029 Airbnb ROI: -1.2% Traditional ROI: -1.09%
Runway Dr Waupaca, WI Runway Dr, Waupaca, WI 54981 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$500,000	Airbnb cash on cash: -0.96% Traditional cash on cash: -0.83% Airbnb Rental Income: $1390 Traditional Rental Income: $1029 Airbnb ROI: -0.96% Traditional ROI: -0.83%
N1053 State Road 22 Waupaca, WI N1053 State Road 22, Waupaca, WI 54981 \| Single Family Residential	3 beds \| 1 baths \| 1,560 sq.ft.	$359,900	Airbnb cash on cash: 0.95% Traditional cash on cash: 0.88% Airbnb Rental Income: $1873 Traditional Rental Income: $1347 Airbnb ROI: 0.95% Traditional ROI: 0.88%
E1655 Grandview Rd Waupaca, WI E1655 Grandview Rd, Waupaca, WI 54981 \| Single Family Residential	3 beds \| 1 baths \| 1,700 sq.ft.	$199,900	Airbnb cash on cash: 3.92% Traditional cash on cash: 8.25% Airbnb Rental Income: $1873 Traditional Rental Income: $2193 Airbnb ROI: 3.92% Traditional ROI: 8.25%
N3032 Hicks Ln Waupaca, WI N3032 Hicks Ln, Waupaca, WI 54918 \| Single Family Residential	6 beds \| 4 baths \| 5,610 sq.ft.	$4,500,000	Airbnb cash on cash: -2.45% Traditional cash on cash: -1.74% Airbnb Rental Income: $2311 Traditional Rental Income: $4689 Airbnb ROI: -2.45% Traditional ROI: -1.74%
E1592 Murray Ln Waupaca, WI E1592 Murray Ln, Waupaca, WI 54981 \| Single Family Residential	2 beds \| 1 baths \| 694 sq.ft.	$129,500	Airbnb cash on cash: 8.88% Traditional cash on cash: 4.52% Airbnb Rental Income: $2220 Traditional Rental Income: $1076 Airbnb ROI: 8.88% Traditional ROI: 4.52%
401 Granite St Waupaca, WI 401 Granite St, Waupaca, WI 54981 \| Single Family Residential	4 beds \| 3 baths \| 2,513 sq.ft.	$348,000	Airbnb cash on cash: -0.01% Traditional cash on cash: 5.38% Airbnb Rental Income: $1444 Traditional Rental Income: $2778 Airbnb ROI: -0.01% Traditional ROI: 5.38%
N3405 Covered Bridge Rd Waupaca, WI N3405 Covered Bridge Rd, Waupaca, WI 54981 \| Single Family Residential	3 beds \| 2 baths \| 1,705 sq.ft.	$480,000	Airbnb cash on cash: 0.01% Traditional cash on cash: 1.84% Airbnb Rental Income: $1873 Traditional Rental Income: $2193 Airbnb ROI: 0.01% Traditional ROI: 1.84%
N2071 Mary Jane Cir Waupaca, WI N2071 Mary Jane Cir, Waupaca, WI 54981 \| Single Family Residential	3 beds \| 2 baths \| 1,704 sq.ft.	$324,900	Airbnb cash on cash: 1.36% Traditional cash on cash: 4.05% Airbnb Rental Income: $1873 Traditional Rental Income: $2193 Airbnb ROI: 1.36% Traditional ROI: 4.05%
E1400 Stratton Lake Rd Waupaca, WI E1400 Stratton Lake Rd, Waupaca, WI 54981 \| Single Family Residential	5 beds \| 3 baths \| 2,168 sq.ft.	$689,900	Airbnb cash on cash: -0.28% Traditional cash on cash: 1.27% Airbnb Rental Income: $2311 Traditional Rental Income: $2738 Airbnb ROI: -0.28% Traditional ROI: 1.27%
2333 Runway Dr Waupaca, WI 2333 Runway Dr, Waupaca, WI 54981 \| Single Family Residential	3 beds \| 1 baths \| 1,428 sq.ft.	$375,000	Airbnb cash on cash: 0.8% Traditional cash on cash: 2.54% Airbnb Rental Income: $1873 Traditional Rental Income: $1981 Airbnb ROI: 0.8% Traditional ROI: 2.54%
9866 State Highway 22 Waupaca, WI 9866 State Highway 22, Waupaca, WI 54981 \| Single Family Residential	4 beds \| 2 baths \| 2,976 sq.ft.	$429,900	Airbnb cash on cash: -0.54% Traditional cash on cash: 2.94% Airbnb Rental Income: $1444 Traditional Rental Income: $2417 Airbnb ROI: -0.54% Traditional ROI: 2.94%
1929 Huffcutt Ln Waupaca, WI Stunning newly built 1,461sf ranch-style home located in the City of Waupaca. This home ha...	3 beds \| 2 baths \| 1,461 sq.ft.	$354,900	Airbnb cash on cash: 1.01% Traditional cash on cash: 3.7% Airbnb Rental Income: $1873 Traditional Rental Income: $2268 Airbnb ROI: 1.01% Traditional ROI: 3.7%
833 Woodland Cir Waupaca, WI 833 Woodland Cir, Waupaca, WI 54981 \| Single Family Residential	3 beds \| 3 baths \| 2,629 sq.ft.	$399,000	Airbnb cash on cash: 0.59% Traditional cash on cash: 0.52% Airbnb Rental Income: $1873 Traditional Rental Income: $1347 Airbnb ROI: 0.59% Traditional ROI: 0.52%
E1280 County Road Q #3 Waupaca, WI E1280 County Road Q #3, Waupaca, WI 54981 \| Townhouse	3 beds \| 1 baths \| 1,804 sq.ft.	$889,000	Airbnb cash on cash: -2.15% Traditional cash on cash: -1.9% Airbnb Rental Income: $1873 Traditional Rental Income: $1577 Airbnb ROI: -2.15% Traditional ROI: -1.9%
N2541 Farm Dr Waupaca, WI N2541 Farm Dr, Waupaca, WI 54981 \| Other	N/A beds \| N/A baths \| N/A	$399,000	Airbnb cash on cash: -0.49% Traditional cash on cash: -1.08% Airbnb Rental Income: $1390 Traditional Rental Income: $749 Airbnb ROI: -0.49% Traditional ROI: -1.08%

Real Estate investment in Waupaca, WI

There are 55 properties for sale in the city of Waupaca . The median list price in Waupaca is $348,000 and the average price per square foot is $185. In March 2026, the average monthly cash on cash return in Waupaca is 4.00%. The average monthly rental income in Waupaca is $1,577.

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

There are 55 investment properties available for sale in Waupaca.

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

The ROI for Long-Term is higher than the Short-Term in Waupaca with average rental income of $1,577.

Your search for investment property begins and ends here

Investment Property for Sale in Waupaca, WI

E1234 Pine Tree

Waupaca, WI

3 beds | 2 baths | 2,380 sq.ft.

$1,675,000

Airbnb cash on cash: -1.03%

Traditional cash on cash: -0.05%

Airbnb Rental Income: $1873

Traditional Rental Income: $2886

Airbnb ROI: -1.03%

Traditional ROI: -0.05%

611 W Fulton St

Waupaca, WI

4 beds | 2 baths | 2,700 sq.ft.

$250,000

Airbnb cash on cash: 1.95%

Traditional cash on cash: 10.23%

Airbnb Rental Income: $1444

Traditional Rental Income: $3084

Airbnb ROI: 1.95%

Traditional ROI: 10.23%

310 Granite St

Waupaca, WI

N/A beds | N/A baths | 2,208 sq.ft.

$150,000

Airbnb cash on cash: 3.86%

Traditional cash on cash: 8.46%

Airbnb Rental Income: $1390

Traditional Rental Income: $1630

Airbnb ROI: 3.86%

Traditional ROI: 8.46%

404 High St

Waupaca, WI

4 beds | 1 baths | 2,291 sq.ft.

$299,000

Airbnb cash on cash: 1.3%

Traditional cash on cash: 6.27%

Airbnb Rental Income: $1444

Traditional Rental Income: $2413

Airbnb ROI: 1.3%

Traditional ROI: 6.27%

E3192 Apple Tree Ln

Waupaca, WI

5 beds | 6 baths | 3,364 sq.ft.

$610,000

Airbnb cash on cash: 0.85%

Traditional cash on cash: 8.65%

Airbnb Rental Income: $2311

Traditional Rental Income: $6178

Airbnb ROI: 0.85%

Traditional ROI: 8.65%

1547 Foxfire Ct

Waupaca, WI

5 beds | 3 baths | 3,119 sq.ft.

$425,000

Airbnb cash on cash: 1.65%

Traditional cash on cash: 5.09%

Airbnb Rental Income: $2311

Traditional Rental Income: $3107

Airbnb ROI: 1.65%

Traditional ROI: 5.09%

1579 FOXFIRE Court

Waupaca, WI

4 beds | 3 baths | 3,233 sq.ft.

$449,000

Airbnb cash on cash: -0.28%

Traditional cash on cash: 4.53%

Airbnb Rental Income: $1444

Traditional Rental Income: $3036

Airbnb ROI: -0.28%

Traditional ROI: 4.53%

N4535 Oakland Dr

Waupaca, WI

N/A beds | N/A baths | 1,200 sq.ft.

$185,000

Airbnb cash on cash: 2.34%

Traditional cash on cash: 4.97%

Airbnb Rental Income: $1390

Traditional Rental Income: $1432

Airbnb ROI: 2.34%