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
3147 Wildflower Bay Rd Rhinelander, WI Best of Both Worlds! City amenities surrounded by woods and water. 3 Bed/3 bath including ...	3 beds \| 3 baths \| 2,643 sq.ft.	$335,000	Airbnb cash on cash: 1.3% Traditional cash on cash: 6.72% Airbnb Rental Income: $1479 Traditional Rental Income: $2788 Airbnb ROI: 1.3% Traditional ROI: 6.72%
4014 Sandy Bluff Rd Rhinelander, WI The best of Northwoods living-privacy, space, and lake frontage! Just minutes from Rhinela...	5 beds \| 3 baths \| 4,618 sq.ft.	$749,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.4% Airbnb Rental Income: $null Traditional Rental Income: $5053 Airbnb ROI: N/A Traditional ROI: 5.4%
3775 Sleepy Hollow Ln Rhinelander, WI Country living not far from town. Manufactured home with a rubber roof and attached back p...	2 beds \| 1 baths \| 827 sq.ft.	$109,000	Airbnb cash on cash: 2.56% Traditional cash on cash: 11.17% Airbnb Rental Income: $874 Traditional Rental Income: $1448 Airbnb ROI: 2.56% Traditional ROI: 11.17%
5852 Musky Bay Dr Dr S Rhinelander, WI Rare acreage on The Rhinelander Flowage that offers privacy and world class views from sev...	3 beds \| 2 baths \| 2,399 sq.ft.	$799,900	Airbnb cash on cash: -0.15% Traditional cash on cash: 2.31% Airbnb Rental Income: $1479 Traditional Rental Income: $2875 Airbnb ROI: -0.15% Traditional ROI: 2.31%
603 Evergreen Ct Rhinelander, WI Check out this Rhinelander home located next to Hodag Park and within walking distance to ...	4 beds \| 2 baths \| 1,886 sq.ft.	$199,500	Airbnb cash on cash: 3.41% Traditional cash on cash: 9.98% Airbnb Rental Income: $1681 Traditional Rental Income: $2581 Airbnb ROI: 3.41% Traditional ROI: 9.98%
5821 Lily Bass Ct Rhinelander, WI Peace and quiet - only the sounds of black capped chickadees, a bullfrog, the gentle breez...	2 beds \| 1 baths \| 646 sq.ft.	$249,000	Airbnb cash on cash: 0.6% Traditional cash on cash: 4.43% Airbnb Rental Income: $874 Traditional Rental Income: $1439 Airbnb ROI: 0.6% Traditional ROI: 4.43%
4239 Forest Point Dr Rhinelander, WI Located on a spectacular 2.44 acre parcel w/ 797 feet of frontage on the Rhinelander Chain...	3 beds \| 3 baths \| 3,390 sq.ft.	$988,500	Airbnb cash on cash: -0.71% Traditional cash on cash: 1.79% Airbnb Rental Income: $1479 Traditional Rental Income: $3336 Airbnb ROI: -0.71% Traditional ROI: 1.79%
6775 Blue Jay Ln Rhinelander, WI Looking for your Northwoods retreat or year round home? Look no further! Nestled in a wood...	3 beds \| 2 baths \| 2,183 sq.ft.	$499,900	Airbnb cash on cash: 0.57% Traditional cash on cash: 5.16% Airbnb Rental Income: $1479 Traditional Rental Income: $3190 Airbnb ROI: 0.57% Traditional ROI: 5.16%
3730 Limberlost Rd Rd N Rhinelander, WI Moen Chain cabin with level swimming frontage and easy access to the chain and all that it...	2 beds \| 1 baths \| 792 sq.ft.	$239,900	Airbnb cash on cash: 0.3% Traditional cash on cash: 5.03% Airbnb Rental Income: $874 Traditional Rental Income: $1612 Airbnb ROI: 0.3% Traditional ROI: 5.03%
3728 Limberlost Rd Rd N Rhinelander, WI Charming and cozy cabin on the shores of Third Lake of THe Moen Chain of Lakes. This prope...	2 beds \| 1 baths \| 676 sq.ft.	$214,900	Airbnb cash on cash: 0.41% Traditional cash on cash: 5.29% Airbnb Rental Income: $874 Traditional Rental Income: $1533 Airbnb ROI: 0.41% Traditional ROI: 5.29%
715 Stevens St St N Rhinelander, WI Looking for a move-in ready 3 bedroom home in town with a garage and a large fenced in bac...	3 beds \| 1 baths \| 1,190 sq.ft.	$142,000	Airbnb cash on cash: 5.18% Traditional cash on cash: 10.72% Airbnb Rental Income: $1479 Traditional Rental Income: $1798 Airbnb ROI: 5.18% Traditional ROI: 10.72%
504 Pelham St S #HOUSE ONLY Rhinelander, WI This classic 3 bedroom/3 bath Rhinelander home delivers vintage appeal with a city-friendl...	3 beds \| 2 baths \| 1,137 sq.ft.	$249,750	Airbnb cash on cash: 0.58% Traditional cash on cash: 8.32% Airbnb Rental Income: $1479 Traditional Rental Income: $2868 Airbnb ROI: 0.58% Traditional ROI: 8.32%
11 Keenan St St W Rhinelander, WI This well-maintained Rhinelander property offers an excellent opportunity for those seekin...	3 beds \| 2 baths \| 1,137 sq.ft.	$349,750	Airbnb cash on cash: 0.14% Traditional cash on cash: 5.17% Airbnb Rental Income: $1479 Traditional Rental Income: $2696 Airbnb ROI: 0.14% Traditional ROI: 5.17%
5046 Forest Ln Rhinelander, WI An Inviting and Comfortable Living Space: A home is more than just a structure; it is a pl...	3 beds \| 2 baths \| 3,328 sq.ft.	$319,000	Airbnb cash on cash: 1.46% Traditional cash on cash: 5.21% Airbnb Rental Income: $1479 Traditional Rental Income: $2168 Airbnb ROI: 1.46% Traditional ROI: 5.21%
2899 Hwy 17 Rhinelander, WI Tucked away in total privacy. Five miles from Rhinelander's conveniences, exceptional 2+ b...	2 beds \| 2 baths \| 1,865 sq.ft.	$615,000	Airbnb cash on cash: -0.74% Traditional cash on cash: 2.74% Airbnb Rental Income: $874 Traditional Rental Income: $2538 Airbnb ROI: -0.74% Traditional ROI: 2.74%

Real Estate investment in Rhinelander, WI

There are 48 properties for sale in the city of Rhinelander . The median list price in Rhinelander is $274,825 and the average price per square foot is $197. In February 2026, the average monthly cash on cash return in Rhinelander is 5.00%. The average monthly rental income in Rhinelander is $2,282.

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

There are 48 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 $2,282.

Your search for investment property begins and ends here

Investment Property for Sale in Rhinelander, WI

3147 Wildflower Bay Rd

Rhinelander, WI

3 beds | 3 baths | 2,643 sq.ft.

$335,000

Airbnb cash on cash: 1.3%

Traditional cash on cash: 6.72%

Airbnb Rental Income: $1479

Traditional Rental Income: $2788

Airbnb ROI: 1.3%

Traditional ROI: 6.72%

4014 Sandy Bluff Rd

Rhinelander, WI

5 beds | 3 baths | 4,618 sq.ft.

$749,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.4%

Airbnb Rental Income: $null

Traditional Rental Income: $5053

Airbnb ROI: N/A

Traditional ROI: 5.4%

3775 Sleepy Hollow Ln

Rhinelander, WI

2 beds | 1 baths | 827 sq.ft.

$109,000

Airbnb cash on cash: 2.56%

Traditional cash on cash: 11.17%

Airbnb Rental Income: $874

Traditional Rental Income: $1448

Airbnb ROI: 2.56%

Traditional ROI: 11.17%

5852 Musky Bay Dr Dr S

Rhinelander, WI

3 beds | 2 baths | 2,399 sq.ft.

$799,900

Airbnb cash on cash: -0.15%

Traditional cash on cash: 2.31%

Airbnb Rental Income: $1479

Traditional Rental Income: $2875

Airbnb ROI: -0.15%

Traditional ROI: 2.31%

603 Evergreen Ct

Rhinelander, WI

4 beds | 2 baths | 1,886 sq.ft.

$199,500

Airbnb cash on cash: 3.41%

Traditional cash on cash: 9.98%

Airbnb Rental Income: $1681

Traditional Rental Income: $2581

Airbnb ROI: 3.41%

Traditional ROI: 9.98%

5821 Lily Bass Ct

Rhinelander, WI

2 beds | 1 baths | 646 sq.ft.

$249,000

Airbnb cash on cash: 0.6%

Traditional cash on cash: 4.43%

Airbnb Rental Income: $874

Traditional Rental Income: $1439

Airbnb ROI: 0.6%

Traditional ROI: 4.43%

4239 Forest Point Dr

Rhinelander, WI

3 beds | 3 baths | 3,390 sq.ft.

$988,500

Airbnb cash on cash: -0.71%

Traditional cash on cash: 1.79%

Airbnb Rental Income: $1479

Traditional Rental Income: $3336

Airbnb ROI: -0.71%

Traditional ROI: 1.79%

6775 Blue Jay Ln

Rhinelander, WI

3 beds | 2 baths | 2,183 sq.ft.

$499,900

Airbnb cash on cash: 0.57%

Traditional cash on cash: 5.16%

Airbnb Rental Income: $1479

Traditional Rental Income: $3190

Airbnb ROI: 0.57%