Real Estate Investment Properties for Sale in Elkhart Lake, WI

Looking for investment property in Elkhart Lake, WI with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
101 Osthoff Ave #392 Elkhart Lake, WI Enjoy Time Together In Your Own Condo, At The Osthoff Resort. This Condominium Is On The T...	2 beds \| 2 baths \| 980 sq.ft.	$392,000	Airbnb cash on cash: -3.64% Traditional cash on cash: -1.76% Airbnb Rental Income: $1174 Traditional Rental Income: $1481 Airbnb ROI: -3.64% Traditional ROI: -1.76%
Lt01 Little Elkhart Lake Rd Elkhart Lake, WI Lt01 Little Elkhart Lake Rd, Elkhart Lake, WI 53020 \| Other	N/A beds \| N/A baths \| N/A	$60,000	Airbnb cash on cash: 1.78% Traditional cash on cash: 10.24% Airbnb Rental Income: $667 Traditional Rental Income: $876 Airbnb ROI: 1.78% Traditional ROI: 10.24%
N8362 State Highway 67 Elkhart Lake, WI N8362 State Highway 67, Elkhart Lake, WI 53020 \| Single Family Residential	3 beds \| 2 baths \| 2,682 sq.ft.	$499,000	Airbnb cash on cash: 0.09% Traditional cash on cash: 1.9% Airbnb Rental Income: $1976 Traditional Rental Income: $2300 Airbnb ROI: 0.09% Traditional ROI: 1.9%
530 Otto Way Elkhart Lake, WI 530 Otto Way, Elkhart Lake, WI 53020 \| Condo/Coop	3 beds \| 3 baths \| 1,982 sq.ft.	$679,000	Airbnb cash on cash: -1.52% Traditional cash on cash: 1.18% Airbnb Rental Income: $1976 Traditional Rental Income: $3169 Airbnb ROI: -1.52% Traditional ROI: 1.18%
514 Sharpes Dr Elkhart Lake, WI Your rare chance to afford a vacation home on Elkhart Lake! Charming woodland cottage in S...	3 beds \| 2 baths \| 1,650 sq.ft.	$995,000	Airbnb cash on cash: -0.4% Traditional cash on cash: 0.92% Airbnb Rental Income: $1976 Traditional Rental Income: $2679 Airbnb ROI: -0.4% Traditional ROI: 0.92%
555 Moraine Dr Elkhart Lake, WI 555 Moraine Dr, Elkhart Lake, WI 53020 \| Single Family Residential	3 beds \| 3 baths \| 4,369 sq.ft.	$619,900	Airbnb cash on cash: -0.48% Traditional cash on cash: 1.42% Airbnb Rental Income: $1976 Traditional Rental Income: $2558 Airbnb ROI: -0.48% Traditional ROI: 1.42%
114 Point Elkhart Dr Elkhart Lake, WI 114 Point Elkhart Dr, Elkhart Lake, WI 53020 \| Condo/Coop	3 beds \| 3 baths \| 2,873 sq.ft.	$779,000	Airbnb cash on cash: -1.7% Traditional cash on cash: 0.22% Airbnb Rental Income: $1976 Traditional Rental Income: $2850 Airbnb ROI: -1.7% Traditional ROI: 0.22%
201 N Irish Rd Elkhart Lake, WI 201 N Irish Rd, Elkhart Lake, WI 53020 \| Single Family Residential	5 beds \| 1 baths \| 2,320 sq.ft.	$549,900	Airbnb cash on cash: 1.39% Traditional cash on cash: 0.5% Airbnb Rental Income: $2945 Traditional Rental Income: $1809 Airbnb ROI: 1.39% Traditional ROI: 0.5%
N9556 State Highway 67 Elkhart Lake, WI N9556 State Highway 67, Elkhart Lake, WI 53020 \| Single Family Residential	4 beds \| 3 baths \| 2,952 sq.ft.	$1,190,000	Airbnb cash on cash: -0.82% Traditional cash on cash: -0.22% Airbnb Rental Income: $3020 Traditional Rental Income: $2998 Airbnb ROI: -0.82% Traditional ROI: -0.22%
615 Otto Ln Elkhart Lake, WI 615 Otto Ln, Elkhart Lake, WI 53020 \| Condo/Coop	4 beds \| 3 baths \| 3,500 sq.ft.	$825,000	Airbnb cash on cash: -0.62% Traditional cash on cash: 0.55% Airbnb Rental Income: $3020 Traditional Rental Income: $3230 Airbnb ROI: -0.62% Traditional ROI: 0.55%
81 Point Elkhart Dr Elkhart Lake, WI 81 Point Elkhart Dr, Elkhart Lake, WI 53020 \| Condo/Coop	3 beds \| 1 baths \| 1,572 sq.ft.	$539,000	Airbnb cash on cash: -1.19% Traditional cash on cash: -0.66% Airbnb Rental Income: $1976 Traditional Rental Income: $1723 Airbnb ROI: -1.19% Traditional ROI: -0.66%
N7859 Lakeside Park Rd Elkhart Lake, WI Create a lifetime of memories living the lake life on the spring-fed, magical blue waters ...	3 beds \| 3 baths \| 3,383 sq.ft.	$2,379,900	Airbnb cash on cash: -1.43% Traditional cash on cash: -0.15% Airbnb Rental Income: $1976 Traditional Rental Income: $4268 Airbnb ROI: -1.43% Traditional ROI: -0.15%
W6812 Lake View Dr Elkhart Lake, WI Looking for your forever home? Don't miss this custom-built home, less than 5 years old, t...	3 beds \| 3 baths \| 2,625 sq.ft.	$795,000	Airbnb cash on cash: 0% Traditional cash on cash: 2.26% Airbnb Rental Income: $1976 Traditional Rental Income: $3131 Airbnb ROI: 0% Traditional ROI: 2.26%
101 Osthoff Ave #285 Elkhart Lake, WI 101 Osthoff Ave #285, Elkhart Lake, WI 53020 \| Condo/Coop	1 beds \| 1 baths \| 676 sq.ft.	$239,000	Airbnb cash on cash: -6% Traditional cash on cash: -4.22% Airbnb Rental Income: $843 Traditional Rental Income: $915 Airbnb ROI: -6% Traditional ROI: -4.22%
N7951 Lakeside Park Rd Elkhart Lake, WI N7951 Lakeside Park Rd, Elkhart Lake, WI 53020 \| Single Family Residential	5 beds \| 4 baths \| 4,458 sq.ft.	$6,900,000	Airbnb cash on cash: -2.5% Traditional cash on cash: -2.3% Airbnb Rental Income: $2945 Traditional Rental Income: $3599 Airbnb ROI: -2.5% Traditional ROI: -2.3%
101 Osthoff Ave #455 Elkhart Lake, WI 101 Osthoff Ave #455, Elkhart Lake, WI 53020 \| Condo/Coop	2 beds \| 2 baths \| 952 sq.ft.	$309,000	Airbnb cash on cash: -4.92% Traditional cash on cash: -2.4% Airbnb Rental Income: $1174 Traditional Rental Income: $1520 Airbnb ROI: -4.92% Traditional ROI: -2.4%
704 Fromm Ln Elkhart Lake, WI Best sand beach on the Best Lake in SE WI! Deep 1.9AC lot for expansion option! Sheboygan ...	4 beds \| 4 baths \| 2,245 sq.ft.	$3,200,000	Airbnb cash on cash: -0.8% Traditional cash on cash: -0.4% Airbnb Rental Income: $3020 Traditional Rental Income: $3517 Airbnb ROI: -0.8% Traditional ROI: -0.4%
281 S Lake St Elkhart Lake, WI Wake up to lake views & idyllic village setting in this waterfront Elkhart Lake estate, bl...	4 beds \| 3 baths \| 4,860 sq.ft.	$3,750,000	Airbnb cash on cash: -0.92% Traditional cash on cash: -0.51% Airbnb Rental Income: $3020 Traditional Rental Income: $3751 Airbnb ROI: -0.92% Traditional ROI: -0.51%
W5501 Burrows Ln Elkhart Lake, WI W5501 Burrows Ln, Elkhart Lake, WI 53020 \| Single Family Residential	2 beds \| 3 baths \| 2,469 sq.ft.	$649,900	Airbnb cash on cash: -1.69% Traditional cash on cash: 1.1% Airbnb Rental Income: $1174 Traditional Rental Income: $2481 Airbnb ROI: -1.69% Traditional ROI: 1.1%
74 S West St Elkhart Lake, WI 74 S West St, Elkhart Lake, WI 53020 \| Single Family Residential	5 beds \| 3 baths \| 4,000 sq.ft.	$999,999	Airbnb cash on cash: -0.51% Traditional cash on cash: 0.71% Airbnb Rental Income: $2945 Traditional Rental Income: $3392 Airbnb ROI: -0.51% Traditional ROI: 0.71%
101 Osthoff Ave #342 Elkhart Lake, WI 101 Osthoff Ave #342, Elkhart Lake, WI 53020 \| Condo/Coop	2 beds \| 2 baths \| 904 sq.ft.	$450,000	Airbnb cash on cash: -4.28% Traditional cash on cash: -2.52% Airbnb Rental Income: $1174 Traditional Rental Income: $1528 Airbnb ROI: -4.28% Traditional ROI: -2.52%
281 Victorian Village Dr #31 Elkhart Lake, WI Completely remodeled 3BR, ensuite 3BA low maintenance lg condo with lake views is just ste...	3 beds \| 3 baths \| 1,400 sq.ft.	$729,000	Airbnb cash on cash: -0.83% Traditional cash on cash: 1.41% Airbnb Rental Income: $1976 Traditional Rental Income: $2982 Airbnb ROI: -0.83% Traditional ROI: 1.41%
564 E Rhine St Elkhart Lake, WI 564 E Rhine St, Elkhart Lake, WI 53020 \| Single Family Residential	3 beds \| 1 baths \| 1,800 sq.ft.	$424,900	Airbnb cash on cash: 0.6% Traditional cash on cash: 1.2% Airbnb Rental Income: $1976 Traditional Rental Income: $1696 Airbnb ROI: 0.6% Traditional ROI: 1.2%
171 E Rhine St Elkhart Lake, WI	N/A beds \| N/A baths \| 4,312 sq.ft.	$2,700,000	Airbnb cash on cash: -2.73% Traditional cash on cash: -2.09% Airbnb Rental Income: $667 Traditional Rental Income: $1982 Airbnb ROI: -2.73% Traditional ROI: -2.09%
101 Osthoff Ave #245 Elkhart Lake, WI 101 Osthoff Ave #245, Elkhart Lake, WI 53020 \| Condo/Coop	2 beds \| 2 baths \| 860 sq.ft.	$325,000	Airbnb cash on cash: -4.82% Traditional cash on cash: -2.62% Airbnb Rental Income: $1174 Traditional Rental Income: $1461 Airbnb ROI: -4.82% Traditional ROI: -2.62%
101 Osthoff Ave #387 Elkhart Lake, WI 101 Osthoff Ave #387, Elkhart Lake, WI 53020 \| Condo/Coop	2 beds \| 2 baths \| 980 sq.ft.	$325,000	Airbnb cash on cash: -4.82% Traditional cash on cash: -2.36% Airbnb Rental Income: $1174 Traditional Rental Income: $1542 Airbnb ROI: -4.82% Traditional ROI: -2.36%
101 Osthoff Ave #265 Elkhart Lake, WI 101 Osthoff Ave #265, Elkhart Lake, WI 53020 \| Condo/Coop	2 beds \| 2 baths \| 916 sq.ft.	$340,000	Airbnb cash on cash: -4.73% Traditional cash on cash: -2.48% Airbnb Rental Income: $1174 Traditional Rental Income: $1508 Airbnb ROI: -4.73% Traditional ROI: -2.48%
Lt0 Little Elkhart Lake Rd Elkhart Lake, WI Lt0 Little Elkhart Lake Rd, Elkhart Lake, WI 53020 \| Other	N/A beds \| N/A baths \| N/A	$353,700	Airbnb cash on cash: -2% Traditional cash on cash: -0.81% Airbnb Rental Income: $667 Traditional Rental Income: $765 Airbnb ROI: -2% Traditional ROI: -0.81%
94 W Rhine St #54 Elkhart Lake, WI 94 W Rhine St #54, Elkhart Lake, WI 53020 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$1,700,000	Airbnb cash on cash: -2.67% Traditional cash on cash: -2.24% Airbnb Rental Income: $667 Traditional Rental Income: $1045 Airbnb ROI: -2.67% Traditional ROI: -2.24%
Lt2-1 Lake View Dr Elkhart Lake, WI Lt2-1 Lake View Dr, Elkhart Lake, WI 53020 \| Other	N/A beds \| N/A baths \| N/A	$85,000	Airbnb cash on cash: 0.5% Traditional cash on cash: 5.28% Airbnb Rental Income: $667 Traditional Rental Income: $765 Airbnb ROI: 0.5% Traditional ROI: 5.28%
Lt23 Plateau Dr Elkhart Lake, WI Lt23 Plateau Dr, Elkhart Lake, WI 53020 \| Other	N/A beds \| N/A baths \| N/A	$56,000	Airbnb cash on cash: 2.1% Traditional cash on cash: 9.15% Airbnb Rental Income: $667 Traditional Rental Income: $765 Airbnb ROI: 2.1% Traditional ROI: 9.15%
Lt20 Plateau Dr Elkhart Lake, WI Lt20 Plateau Dr, Elkhart Lake, WI 53020 \| Other	N/A beds \| N/A baths \| N/A	$58,000	Airbnb cash on cash: 1.95% Traditional cash on cash: 8.77% Airbnb Rental Income: $667 Traditional Rental Income: $765 Airbnb ROI: 1.95% Traditional ROI: 8.77%
Lt21 Plateau Dr Elkhart Lake, WI Lt21 Plateau Dr, Elkhart Lake, WI 53020 \| Other	N/A beds \| N/A baths \| N/A	$58,000	Airbnb cash on cash: 1.95% Traditional cash on cash: 10.67% Airbnb Rental Income: $667 Traditional Rental Income: $876 Airbnb ROI: 1.95% Traditional ROI: 10.67%
Lt22 Plateau Dr Elkhart Lake, WI Lt22 Plateau Dr, Elkhart Lake, WI 53020 \| Other	N/A beds \| N/A baths \| N/A	$56,000	Airbnb cash on cash: 2.1% Traditional cash on cash: 9.15% Airbnb Rental Income: $667 Traditional Rental Income: $765 Airbnb ROI: 2.1% Traditional ROI: 9.15%
Lt24 Plateau Dr Elkhart Lake, WI Lt24 Plateau Dr, Elkhart Lake, WI 53020 \| Other	N/A beds \| N/A baths \| N/A	$56,000	Airbnb cash on cash: 2.1% Traditional cash on cash: 9.15% Airbnb Rental Income: $667 Traditional Rental Income: $765 Airbnb ROI: 2.1% Traditional ROI: 9.15%
Lt25 Plateau Dr Elkhart Lake, WI Lt25 Plateau Dr, Elkhart Lake, WI 53020 \| Other	N/A beds \| N/A baths \| N/A	$56,000	Airbnb cash on cash: 2.1% Traditional cash on cash: 9.15% Airbnb Rental Income: $667 Traditional Rental Income: $765 Airbnb ROI: 2.1% Traditional ROI: 9.15%

Real Estate investment in Elkhart-lake, WI

There are 36 properties for sale in the city of Elkhart Lake . The median list price in Elkhart Lake is $467,220 and the average price per square foot is $204. In August 2026, the average monthly cash on cash return in Elkhart Lake is 1.00%. The average monthly rental income in Elkhart Lake is $1,520.

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

There are 36 investment properties available for sale in Elkhart-lake.

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

The ROI for Long-Term is higher than the Short-Term in Elkhart-lake with average rental income of $1,520.

Your search for investment property begins and ends here

Investment Property for Sale in Elkhart Lake, WI

101 Osthoff Ave #392

Elkhart Lake, WI

2 beds | 2 baths | 980 sq.ft.

$392,000

Airbnb cash on cash: -3.64%

Traditional cash on cash: -1.76%

Airbnb Rental Income: $1174

Traditional Rental Income: $1481

Airbnb ROI: -3.64%

Traditional ROI: -1.76%

Lt01 Little Elkhart Lake Rd

Elkhart Lake, WI

N/A beds | N/A baths | N/A

$60,000

Airbnb cash on cash: 1.78%

Traditional cash on cash: 10.24%

Airbnb Rental Income: $667

Traditional Rental Income: $876

Airbnb ROI: 1.78%

Traditional ROI: 10.24%

N8362 State Highway 67

Elkhart Lake, WI

3 beds | 2 baths | 2,682 sq.ft.

$499,000

Airbnb cash on cash: 0.09%

Traditional cash on cash: 1.9%

Airbnb Rental Income: $1976

Traditional Rental Income: $2300

Airbnb ROI: 0.09%

Traditional ROI: 1.9%

530 Otto Way

Elkhart Lake, WI

3 beds | 3 baths | 1,982 sq.ft.

$679,000

Airbnb cash on cash: -1.52%

Traditional cash on cash: 1.18%

Airbnb Rental Income: $1976

Traditional Rental Income: $3169

Airbnb ROI: -1.52%

Traditional ROI: 1.18%

514 Sharpes Dr

Elkhart Lake, WI

3 beds | 2 baths | 1,650 sq.ft.

$995,000

Airbnb cash on cash: -0.4%

Traditional cash on cash: 0.92%

Airbnb Rental Income: $1976

Traditional Rental Income: $2679

Airbnb ROI: -0.4%

Traditional ROI: 0.92%

555 Moraine Dr

Elkhart Lake, WI

3 beds | 3 baths | 4,369 sq.ft.

$619,900

Airbnb cash on cash: -0.48%

Traditional cash on cash: 1.42%

Airbnb Rental Income: $1976

Traditional Rental Income: $2558

Airbnb ROI: -0.48%

Traditional ROI: 1.42%

114 Point Elkhart Dr

Elkhart Lake, WI

3 beds | 3 baths | 2,873 sq.ft.

$779,000

Airbnb cash on cash: -1.7%

Traditional cash on cash: 0.22%

Airbnb Rental Income: $1976

Traditional Rental Income: $2850

Airbnb ROI: -1.7%

Traditional ROI: 0.22%

201 N Irish Rd

Elkhart Lake, WI

5 beds | 1 baths | 2,320 sq.ft.

$549,900

Airbnb cash on cash: 1.39%

Traditional cash on cash: 0.5%

Airbnb Rental Income: $2945

Traditional Rental Income: $1809

Airbnb ROI: 1.39%