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.	$1,575,000	Airbnb cash on cash: -1.34% Traditional cash on cash: 0.01% Airbnb Rental Income: $1328 Traditional Rental Income: $2886 Airbnb ROI: -1.34% Traditional ROI: 0.01%
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: 1.89% Traditional cash on cash: 8.46% Airbnb Rental Income: $1051 Traditional Rental Income: $1630 Airbnb ROI: 1.89% Traditional ROI: 8.46%
N2709 Lind Ln Waupaca, WI Calling all Chain O' Lakes lovers! This adorable, quality Ranch Home sits near all the act...	2 beds \| 1 baths \| 1,232 sq.ft.	$249,000	Airbnb cash on cash: 1.21% Traditional cash on cash: 3.89% Airbnb Rental Income: $1105 Traditional Rental Income: $1364 Airbnb ROI: 1.21% Traditional ROI: 3.89%
2268 E Maple Ln Waupaca, WI Turn key business opportunity, ready for renters on day 1! This property is a well establi...	2 beds \| 2 baths \| 1,156 sq.ft.	$635,000	Airbnb cash on cash: -0.29% Traditional cash on cash: 2.36% Airbnb Rental Income: $1105 Traditional Rental Income: $2306 Airbnb ROI: -0.29% Traditional ROI: 2.36%
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: 0.19% Traditional cash on cash: 8.65% Airbnb Rental Income: $1859 Traditional Rental Income: $6178 Airbnb ROI: 0.19% Traditional ROI: 8.65%
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% Traditional cash on cash: 4.53% Airbnb Rental Income: $1588 Traditional Rental Income: $3036 Airbnb ROI: 0% Traditional ROI: 4.53%
N2307 WHISPERING PINES Road Waupaca, WI Experience refined lakeside living in this exquisitely remodeled 3-bedroom, 3-bath residen...	3 beds \| 3 baths \| 2,123 sq.ft.	$1,300,000	Airbnb cash on cash: -0.89% Traditional cash on cash: 0.91% Airbnb Rental Income: $1328 Traditional Rental Income: $3096 Airbnb ROI: -0.89% Traditional ROI: 0.91%
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: 0.15% Traditional cash on cash: 7.04% Airbnb Rental Income: $1859 Traditional Rental Income: $5218 Airbnb ROI: 0.15% Traditional ROI: 7.04%
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: 0.62% Traditional cash on cash: 10.01% Airbnb Rental Income: $1328 Traditional Rental Income: $3350 Airbnb ROI: 0.62% 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.	$344,900	Airbnb cash on cash: -0.28% Traditional cash on cash: 4.25% Airbnb Rental Income: $1328 Traditional Rental Income: $2387 Airbnb ROI: -0.28% Traditional ROI: 4.25%
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.	$1,370,000	Airbnb cash on cash: -0.77% Traditional cash on cash: 0.59% Airbnb Rental Income: $1588 Traditional Rental Income: $2865 Airbnb ROI: -0.77% Traditional ROI: 0.59%
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.	$359,900	Airbnb cash on cash: -0.39% Traditional cash on cash: 4.22% Airbnb Rental Income: $1328 Traditional Rental Income: $2476 Airbnb ROI: -0.39% Traditional ROI: 4.22%
E2315 WOODRIDGE Drive Waupaca, WI Located in the charming Woodridge Subdivision at the very end of the quiet road, this 1-ac...	4 beds \| 3 baths \| 2,008 sq.ft.	$379,000	Airbnb cash on cash: 0.88% Traditional cash on cash: 5.41% Airbnb Rental Income: $1588 Traditional Rental Income: $2746 Airbnb ROI: 0.88% Traditional ROI: 5.41%
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: 1.45% Traditional cash on cash: 5.77% Airbnb Rental Income: $1328 Traditional Rental Income: $1878 Airbnb ROI: 1.45% 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: 0.83% Traditional cash on cash: 4.43% Airbnb Rental Income: $1328 Traditional Rental Income: $2100 Airbnb ROI: 0.83% Traditional ROI: 4.43%
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: -2.5% Traditional cash on cash: -2.21% Airbnb Rental Income: $954 Traditional Rental Income: $1031 Airbnb ROI: -2.5% Traditional ROI: -2.21%
E4347 East Gate Dr Waupaca, WI E4347 East Gate Dr, Waupaca, WI 54981 \| Single Family Residential	5 beds \| 2 baths \| 2,086 sq.ft.	$750,000	Airbnb cash on cash: -1.02% Traditional cash on cash: 0.56% Airbnb Rental Income: $1859 Traditional Rental Income: $2466 Airbnb ROI: -1.02% Traditional ROI: 0.56%
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: -1.36% Traditional cash on cash: -1.2% Airbnb Rental Income: $1051 Traditional Rental Income: $749 Airbnb ROI: -1.36% 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: 1.33% Traditional cash on cash: 3.71% Airbnb Rental Income: $1051 Traditional Rental Income: $1029 Airbnb ROI: 1.33% 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: 1.33% Traditional cash on cash: 3.71% Airbnb Rental Income: $1051 Traditional Rental Income: $1029 Airbnb ROI: 1.33% 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: -1.73% Traditional cash on cash: -1.09% Airbnb Rental Income: $1051 Traditional Rental Income: $1029 Airbnb ROI: -1.73% 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: -1.56% Traditional cash on cash: -0.83% Airbnb Rental Income: $1051 Traditional Rental Income: $1029 Airbnb ROI: -1.56% Traditional ROI: -0.83%
N2071 Mary Jane Cir Waupaca, WI N2071 Mary Jane Cir, Waupaca, WI 54981 \| Single Family Residential	3 beds \| 2 baths \| 1,704 sq.ft.	$314,900	Airbnb cash on cash: -0.04% Traditional cash on cash: 4.26% Airbnb Rental Income: $1328 Traditional Rental Income: $2193 Airbnb ROI: -0.04% Traditional ROI: 4.26%
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: -0.87% Traditional cash on cash: 1.27% Airbnb Rental Income: $1859 Traditional Rental Income: $2738 Airbnb ROI: -0.87% Traditional ROI: 1.27%
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.	$344,900	Airbnb cash on cash: -0.28% Traditional cash on cash: 3.88% Airbnb Rental Income: $1328 Traditional Rental Income: $2268 Airbnb ROI: -0.28% Traditional ROI: 3.88%
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: -2.69% Traditional cash on cash: -1.9% Airbnb Rental Income: $1328 Traditional Rental Income: $1577 Airbnb ROI: -2.69% 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: -1.24% Traditional cash on cash: -1.08% Airbnb Rental Income: $1051 Traditional Rental Income: $749 Airbnb ROI: -1.24% Traditional ROI: -1.08%
State Road 22-54 Waupaca, WI State Road 22-54, Waupaca, WI 54981 \| Other	N/A beds \| N/A baths \| N/A	$250,000	Airbnb cash on cash: -0.31% Traditional cash on cash: -0.04% Airbnb Rental Income: $1051 Traditional Rental Income: $749 Airbnb ROI: -0.31% Traditional ROI: -0.04%
N2455 State Hwy 22 Waupaca, WI N2455 State Hwy 22, Waupaca, WI 54981 \| Other	N/A beds \| N/A baths \| N/A	$75,000	Airbnb cash on cash: 5.24% Traditional cash on cash: 6.07% Airbnb Rental Income: $1051 Traditional Rental Income: $749 Airbnb ROI: 5.24% Traditional ROI: 6.07%
Pryse Dr Waupaca, WI Pryse Dr, Waupaca, WI 54981 \| Other	N/A beds \| N/A baths \| N/A	$79,900	Airbnb cash on cash: 4.78% Traditional cash on cash: 5.57% Airbnb Rental Income: $1051 Traditional Rental Income: $749 Airbnb ROI: 4.78% Traditional ROI: 5.57%
E1628 River Wood Dr Waupaca, WI E1628 River Wood Dr, Waupaca, WI 54981 \| Other	N/A beds \| N/A baths \| N/A	$48,000	Airbnb cash on cash: 9.36% Traditional cash on cash: 10.63% Airbnb Rental Income: $1051 Traditional Rental Income: $749 Airbnb ROI: 9.36% Traditional ROI: 10.63%
2001 State Rd 54 Waupaca, WI 2001 State Rd 54, Waupaca, WI 54981 \| Other	N/A beds \| N/A baths \| N/A	$399,000	Airbnb cash on cash: -1.24% Traditional cash on cash: -1.08% Airbnb Rental Income: $1051 Traditional Rental Income: $749 Airbnb ROI: -1.24% Traditional ROI: -1.08%
524 WISCONSIN Street Waupaca, WI This ranch-style home in Waupaca offers 3 bedrooms and 2 full bathrooms. Enjoy outdoor liv...	3 beds \| 2 baths \| 1,104 sq.ft.	$210,000	Airbnb cash on cash: 1.85% Traditional cash on cash: 6.87% Airbnb Rental Income: $1328 Traditional Rental Income: $1916 Airbnb ROI: 1.85% Traditional ROI: 6.87%
County Road K Waupaca, WI County Road K, Waupaca, WI 54981 \| Other	N/A beds \| N/A baths \| N/A	$210,000	Airbnb cash on cash: 0.16% Traditional cash on cash: 0.67% Airbnb Rental Income: $1051 Traditional Rental Income: $788 Airbnb ROI: 0.16% Traditional ROI: 0.67%
1935 Huffcutt Ln Waupaca, WI Beautiful new construction in the City of Waupaca. 1,505sf ranch w/3 bedrooms, 2 full bath...	3 beds \| 2 baths \| 1,505 sq.ft.	$344,900	Airbnb cash on cash: -0.28% Traditional cash on cash: 4.25% Airbnb Rental Income: $1328 Traditional Rental Income: $2388 Airbnb ROI: -0.28% Traditional ROI: 4.25%
802 SUNRIDGE Court #B Waupaca, WI Ready to move in open concept, zero entry two bedroom, two bath condo with peaceful nature...	2 beds \| 2 baths \| 1,124 sq.ft.	$290,000	Airbnb cash on cash: -0.9% Traditional cash on cash: 3.03% Airbnb Rental Income: $1105 Traditional Rental Income: $1805 Airbnb ROI: -0.9% Traditional ROI: 3.03%
1933 Huffcutt Ln Waupaca, WI New construction ranch in the City of Waupaca! This home features an open concept 1,512sf ...	3 beds \| 2 baths \| 1,512 sq.ft.	$359,900	Airbnb cash on cash: -0.39% Traditional cash on cash: 3.91% Airbnb Rental Income: $1328 Traditional Rental Income: $2369 Airbnb ROI: -0.39% Traditional ROI: 3.91%
E806 Mynard Rd Waupaca, WI Close to Stratton Lake and conveniently located between Waupaca and Wild Rose, this 4.1 ac...	2 beds \| 1 baths \| 920 sq.ft.	$349,900	Airbnb cash on cash: 0.4% Traditional cash on cash: 2.46% Airbnb Rental Income: $1105 Traditional Rental Income: $1408 Airbnb ROI: 0.4% Traditional ROI: 2.46%
837 Sunridge Dr Waupaca, WI 837 Sunridge Dr, Waupaca, WI 54981 \| Single Family Residential	3 beds \| 2 baths \| 2,200 sq.ft.	$419,000	Airbnb cash on cash: -0.73% Traditional cash on cash: 0.36% Airbnb Rental Income: $1328 Traditional Rental Income: $1347 Airbnb ROI: -0.73% Traditional ROI: 0.36%
E1471 Arbor St Waupaca, WI E1471 Arbor St, Waupaca, WI 54981 \| Single Family Residential	2 beds \| 1 baths \| 1,144 sq.ft.	$399,500	Airbnb cash on cash: -1.13% Traditional cash on cash: 1.32% Airbnb Rental Income: $1105 Traditional Rental Income: $1647 Airbnb ROI: -1.13% Traditional ROI: 1.32%

Real Estate investment in Waupaca, WI

There are 62 properties for sale in the city of Waupaca . The median list price in Waupaca is $349,900 and the average price per square foot is $197. In May 2026, the average monthly cash on cash return in Waupaca is 3.00%. The average monthly rental income in Waupaca is $1,386.

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

There are 62 investment properties available for sale in Waupaca.

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

The ROI for Short-Term is higher than the Long-Term in Waupaca with average rental income of $1,217.

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.

$1,575,000

Airbnb cash on cash: -1.34%

Traditional cash on cash: 0.01%

Airbnb Rental Income: $1328

Traditional Rental Income: $2886

Airbnb ROI: -1.34%

Traditional ROI: 0.01%

310 Granite St

Waupaca, WI

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

$150,000

Airbnb cash on cash: 1.89%

Traditional cash on cash: 8.46%

Airbnb Rental Income: $1051

Traditional Rental Income: $1630

Airbnb ROI: 1.89%

Traditional ROI: 8.46%

N2709 Lind Ln

Waupaca, WI

2 beds | 1 baths | 1,232 sq.ft.

$249,000

Airbnb cash on cash: 1.21%

Traditional cash on cash: 3.89%

Airbnb Rental Income: $1105

Traditional Rental Income: $1364

Airbnb ROI: 1.21%

Traditional ROI: 3.89%

2268 E Maple Ln

Waupaca, WI

2 beds | 2 baths | 1,156 sq.ft.

$635,000

Airbnb cash on cash: -0.29%

Traditional cash on cash: 2.36%

Airbnb Rental Income: $1105

Traditional Rental Income: $2306

Airbnb ROI: -0.29%

Traditional ROI: 2.36%

E3192 Apple Tree Ln

Waupaca, WI

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

$610,000

Airbnb cash on cash: 0.19%

Traditional cash on cash: 8.65%

Airbnb Rental Income: $1859

Traditional Rental Income: $6178

Airbnb ROI: 0.19%

Traditional ROI: 8.65%

1579 FOXFIRE Court

Waupaca, WI

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

$449,000

Airbnb cash on cash: 0%

Traditional cash on cash: 4.53%

Airbnb Rental Income: $1588

Traditional Rental Income: $3036

Airbnb ROI: 0%

Traditional ROI: 4.53%

N2307 WHISPERING PINES Road

Waupaca, WI

3 beds | 3 baths | 2,123 sq.ft.

$1,300,000

Airbnb cash on cash: -0.89%

Traditional cash on cash: 0.91%

Airbnb Rental Income: $1328

Traditional Rental Income: $3096

Airbnb ROI: -0.89%

Traditional ROI: 0.91%

N4043 MORGAN Drive

Waupaca, WI

5 beds | 5 baths | 4,296 sq.ft.

$599,900

Airbnb cash on cash: 0.15%

Traditional cash on cash: 7.04%

Airbnb Rental Income: $1859

Traditional Rental Income: $5218

Airbnb ROI: 0.15%