Real Estate Investment Properties for Sale in Rhinelander, WI

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
427 LENNOX ST Rhinelander, WI Move-in ready and full of updates! This 4-bedroom, 2-full-bath home in the city of Rhinela...	4 beds \| 2 baths \| N/A	$265,000	Airbnb cash on cash: 1.94% Traditional cash on cash: 6.8% Airbnb Rental Income: $1730 Traditional Rental Income: $2467 Airbnb ROI: 1.94% Traditional ROI: 6.8%
93 SPRING LAKE RD Rhinelander, WI Make this 3-bedroom 2 full bath spacious, solid home yours! Set within an established neig...	3 beds \| 2 baths \| N/A	$399,900	Airbnb cash on cash: 0.81% Traditional cash on cash: 3.22% Airbnb Rental Income: $1719 Traditional Rental Income: $2144 Airbnb ROI: 0.81% Traditional ROI: 3.22%
2678 HWY 45 Rhinelander, WI Beautiful home on 5.5 acres with the dream set up for the HOBBY FARM/EQUESTRIAN ENTHUSIAST...	3 beds \| 3 baths \| N/A	$510,000	Airbnb cash on cash: 1.06% Traditional cash on cash: 4.86% Airbnb Rental Income: $1719 Traditional Rental Income: $3055 Airbnb ROI: 1.06% Traditional ROI: 4.86%
603 RANDALL AVE Rhinelander, WI Welcome home to this charming, move-in-ready 2-bedroom, 1-bathroom city home in Rhinelande...	2 beds \| 1 baths \| 1,057 sq.ft.	$165,000	Airbnb cash on cash: 2.64% Traditional cash on cash: 7.33% Airbnb Rental Income: $1214 Traditional Rental Income: $1562 Airbnb ROI: 2.64% Traditional ROI: 7.33%
1350 EAGLE ST Rhinelander, WI Welcome to this charming 2-bedroom, 1-bath home in the heart of Rhinelander! Warm, invitin...	2 beds \| 1 baths \| 838 sq.ft.	$165,000	Airbnb cash on cash: 2.69% Traditional cash on cash: 4.58% Airbnb Rental Income: $1214 Traditional Rental Income: $1120 Airbnb ROI: 2.69% Traditional ROI: 4.58%
4471 CTH P Rhinelander, WI This year-round 3-bedroom, 2-bath home is located on a crystal-clear sand frontage lake. T...	3 beds \| 2 baths \| N/A	$519,900	Airbnb cash on cash: 1.02% Traditional cash on cash: 3.44% Airbnb Rental Income: $1719 Traditional Rental Income: $2419 Airbnb ROI: 1.02% Traditional ROI: 3.44%
5675 SPIDER LAKE RD Rhinelander, WI Escape to the Northwoods with this charming 3 BR, 2 BA country home set on 18.95 acres of ...	3 beds \| 2 baths \| N/A	$599,900	Airbnb cash on cash: 0.39% Traditional cash on cash: 2.36% Airbnb Rental Income: $1719 Traditional Rental Income: $2348 Airbnb ROI: 0.39% Traditional ROI: 2.36%
4467 CTH P Rhinelander, WI This year-round 2-bedroom, 2-bath home is located on a crystal-clear sand frontage lake. T...	2 beds \| 2 baths \| N/A	$499,900	Airbnb cash on cash: 0.09% Traditional cash on cash: 2.32% Airbnb Rental Income: $1214 Traditional Rental Income: $1867 Airbnb ROI: 0.09% Traditional ROI: 2.32%
356 WOODLAND HEIGHTS TERRACE Rhinelander, WI This three-bedroom, two-bath home in Woodland Heights Terrace Park offers inexpensive livi...	3 beds \| 2 baths \| 1,001 sq.ft.	$69,900	Airbnb cash on cash: 4.52% Traditional cash on cash: 11.43% Airbnb Rental Income: $1719 Traditional Rental Income: $1723 Airbnb ROI: 4.52% Traditional ROI: 11.43%
1408 IVERSON ST Rhinelander, WI Brand new construction in a prime location close to downtown and Hodag Park! This thoughtf...	3 beds \| 3 baths \| N/A	$329,900	Airbnb cash on cash: 2.55% Traditional cash on cash: 6.57% Airbnb Rental Income: $1719 Traditional Rental Income: $2488 Airbnb ROI: 2.55% Traditional ROI: 6.57%
3943 BASS LAKE RD Rhinelander, WI Nestled on 3.06 acres with 125 feet of lake frontage on Bass Lake, this meticulously maint...	3 beds \| 2 baths \| 2,240 sq.ft.	$489,000	Airbnb cash on cash: 1.18% Traditional cash on cash: 3.59% Airbnb Rental Income: $1719 Traditional Rental Income: $2349 Airbnb ROI: 1.18% Traditional ROI: 3.59%
3369 MURMURING PINES TRL Rhinelander, WI Escape to the Northwoods in this custom-built log chalet, privately nestled among towering...	2 beds \| 2 baths \| N/A	$362,500	Airbnb cash on cash: 0.48% Traditional cash on cash: 2.65% Airbnb Rental Income: $1214 Traditional Rental Income: $1561 Airbnb ROI: 0.48% Traditional ROI: 2.65%
3819 VELVET LAKE RD Rhinelander, WI Escape to the peace and beauty of the Northwoods in this beautifully updated year-round ho...	2 beds \| 2 baths \| N/A	$449,000	Airbnb cash on cash: -0.01% Traditional cash on cash: 3% Airbnb Rental Income: $1214 Traditional Rental Income: $2088 Airbnb ROI: -0.01% Traditional ROI: 3%
6808 Highway 8 Rhinelander, WI Unique Northwoods property! Discover the beauty and tranquility of Northern Wisconsin on t...	2 beds \| 3 baths \| 2,000 sq.ft.	$524,900	Airbnb cash on cash: -0.21% Traditional cash on cash: 2.43% Airbnb Rental Income: $1214 Traditional Rental Income: $2118 Airbnb ROI: -0.21% Traditional ROI: 2.43%
4155 MALLARD LN Rhinelander, WI Enjoy the peace and privacy of country living without giving up the convenience of being j...	3 beds \| 2 baths \| N/A	$274,800	Airbnb cash on cash: 2.84% Traditional cash on cash: 4.67% Airbnb Rental Income: $1719 Traditional Rental Income: $1719 Airbnb ROI: 2.84% Traditional ROI: 4.67%
4577 MAXWELL CT Rhinelander, WI Discover a tranquil and welcoming property featuring three bedrooms and two bathrooms, per...	3 beds \| 2 baths \| N/A	$220,000	Airbnb cash on cash: 3.88% Traditional cash on cash: 8.09% Airbnb Rental Income: $1719 Traditional Rental Income: $2122 Airbnb ROI: 3.88% Traditional ROI: 8.09%
3984 MOEN LAKE RD Rhinelander, WI Enjoy Northwoods lake living with this newer 2-bedroom, 1.5-bath home situated on 1.13 acr...	2 beds \| 2 baths \| N/A	$409,900	Airbnb cash on cash: 0.1% Traditional cash on cash: 1.57% Airbnb Rental Income: $1214 Traditional Rental Income: $1387 Airbnb ROI: 0.1% Traditional ROI: 1.57%
4631 PINE LAKE RD Rhinelander, WI Enjoy Northwoods privacy and everyday convenience in this spacious three-bedroom, two-bath...	3 beds \| 2 baths \| N/A	$425,000	Airbnb cash on cash: 1.22% Traditional cash on cash: 4.22% Airbnb Rental Income: $1719 Traditional Rental Income: $2439 Airbnb ROI: 1.22% Traditional ROI: 4.22%
7554 CLEAR LAKE RD Rhinelander, WI Escape to the Northwoods with this year-round 2-bedroom, 1-bathroom home situated on the p...	2 beds \| 1 baths \| N/A	$259,000	Airbnb cash on cash: 1.23% Traditional cash on cash: 3.88% Airbnb Rental Income: $1214 Traditional Rental Income: $1470 Airbnb ROI: 1.23% Traditional ROI: 3.88%
307 RIDGEWAY DR Rhinelander, WI First Time Offered! Step into this nostalgic and charming 4-bedroom, 2-full-bath home loca...	4 beds \| 3 baths \| 2,925 sq.ft.	$324,900	Airbnb cash on cash: 1.65% Traditional cash on cash: 5.91% Airbnb Rental Income: $1730 Traditional Rental Income: $2552 Airbnb ROI: 1.65% Traditional ROI: 5.91%
377 WOODLAND HEIGHTS TERRACE Rhinelander, WI Affordable 2 Bed, 2 Bath Manufactured Home in Rhinelander - Move-In Ready! This two-bedroo...	2 beds \| 2 baths \| 1,001 sq.ft.	$59,900	Airbnb cash on cash: -1.72% Traditional cash on cash: 10.6% Airbnb Rental Income: $1214 Traditional Rental Income: $1563 Airbnb ROI: -1.72% Traditional ROI: 10.6%
2380 MUD CREEK RD Rhinelander, WI Great opportunity for a Hunting Base Camp or Weekend Getaway! Located between Crandon, Rhi...	2 beds \| 1 baths \| 648 sq.ft.	$129,900	Airbnb cash on cash: 4.51% Traditional cash on cash: 7.45% Airbnb Rental Income: $1214 Traditional Rental Income: $1190 Airbnb ROI: 4.51% Traditional ROI: 7.45%
5727 SUN PRAIRIE RD Rhinelander, WI Private Retreat with Endless Outdoor Space!Welcome to your private retreat! Tucked away on...	3 beds \| 2 baths \| N/A	$289,000	Airbnb cash on cash: 2.81% Traditional cash on cash: 5.77% Airbnb Rental Income: $1719 Traditional Rental Income: $2048 Airbnb ROI: 2.81% Traditional ROI: 5.77%
7373 HWY 8 Rhinelander, WI Crystal-clear Squash Lake is a nearly 400-acre hidden gem in the Rhinelander Northwoods ar...	3 beds \| 1 baths \| N/A	$337,500	Airbnb cash on cash: 1.6% Traditional cash on cash: 3.22% Airbnb Rental Income: $1719 Traditional Rental Income: $1759 Airbnb ROI: 1.6% Traditional ROI: 3.22%
4091 FOREST LN Rhinelander, WI Set on nearly 4 acres just 1 mile north of Rhinelander on desired Forest Lane is this 2 be...	2 beds \| 1 baths \| N/A	$120,000	Airbnb cash on cash: 4.61% Traditional cash on cash: 11.3% Airbnb Rental Income: $1214 Traditional Rental Income: $1597 Airbnb ROI: 4.61% Traditional ROI: 11.3%

Real Estate investment in Rhinelander, WI

There are 42 properties for sale in the city of Rhinelander . The median list price in Rhinelander is $161,603 and the average price per square foot is $120. In November 2026, the average monthly cash on cash return in Rhinelander is 4.00%. The average monthly rental income in Rhinelander is $2,088.

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

There are 42 investment properties available for sale in Rhinelander.

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

The ROI for Long-Term is higher than the Short-Term in Rhinelander with average rental income of $2,088.

Your search for investment property begins and ends here

Investment Property for Sale in Rhinelander, WI

427 LENNOX ST

Rhinelander, WI

4 beds | 2 baths | N/A

$265,000

Airbnb cash on cash: 1.94%

Traditional cash on cash: 6.8%

Airbnb Rental Income: $1730

Traditional Rental Income: $2467

Airbnb ROI: 1.94%

Traditional ROI: 6.8%

93 SPRING LAKE RD

Rhinelander, WI

3 beds | 2 baths | N/A

$399,900

Airbnb cash on cash: 0.81%

Traditional cash on cash: 3.22%

Airbnb Rental Income: $1719

Traditional Rental Income: $2144

Airbnb ROI: 0.81%

Traditional ROI: 3.22%

2678 HWY 45

Rhinelander, WI

3 beds | 3 baths | N/A

$510,000

Airbnb cash on cash: 1.06%

Traditional cash on cash: 4.86%

Airbnb Rental Income: $1719

Traditional Rental Income: $3055

Airbnb ROI: 1.06%

Traditional ROI: 4.86%

603 RANDALL AVE

Rhinelander, WI

2 beds | 1 baths | 1,057 sq.ft.

$165,000

Airbnb cash on cash: 2.64%

Traditional cash on cash: 7.33%

Airbnb Rental Income: $1214

Traditional Rental Income: $1562

Airbnb ROI: 2.64%

Traditional ROI: 7.33%

1350 EAGLE ST

Rhinelander, WI

2 beds | 1 baths | 838 sq.ft.

$165,000

Airbnb cash on cash: 2.69%

Traditional cash on cash: 4.58%

Airbnb Rental Income: $1214

Traditional Rental Income: $1120

Airbnb ROI: 2.69%

Traditional ROI: 4.58%

4471 CTH P

Rhinelander, WI

3 beds | 2 baths | N/A

$519,900

Airbnb cash on cash: 1.02%

Traditional cash on cash: 3.44%

Airbnb Rental Income: $1719

Traditional Rental Income: $2419

Airbnb ROI: 1.02%

Traditional ROI: 3.44%

5675 SPIDER LAKE RD

Rhinelander, WI

3 beds | 2 baths | N/A

$599,900

Airbnb cash on cash: 0.39%

Traditional cash on cash: 2.36%

Airbnb Rental Income: $1719

Traditional Rental Income: $2348

Airbnb ROI: 0.39%

Traditional ROI: 2.36%

4467 CTH P

Rhinelander, WI

2 beds | 2 baths | N/A

$499,900

Airbnb cash on cash: 0.09%

Traditional cash on cash: 2.32%

Airbnb Rental Income: $1214

Traditional Rental Income: $1867

Airbnb ROI: 0.09%