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View PropertiesAs of Apr, 27 2026
Rabbu ROI Score
Wautoma offers attractive short-term rental potential, with a balance of healthy demand and revenue relative to property values.
Wautoma, Wisconsin presents an appealing short-term rental opportunity anchored by lake-country tourism and seasonal outdoor recreation. With an ROI score of 70 out of 100, the market benefits from an above-average revenue-to-price ratio — average home values sit around $473,219 while annual revenue averages $57,654. The compact supply of just 32 active listings signals a market that hasn't been flooded, though occupancy at 25% reflects the heavily seasonal nature of demand in this central Wisconsin lake region.
According to Rabbu market data, the Wautoma short-term rental market shows:
| Metric | Context | Value |
|---|---|---|
| Active Airbnb Listings | As of Apr, 27 2026 | 32 |
| Average Daily Rate (ADR) | vs. $368 state avg. | $396 |
| Average Occupancy Rate | vs. 38% state avg. | 25% |
| RevPAN | ADR * Occupancy Rate | $97 |
| Average Monthly Revenue | Historical 12-month average | $4,804 |
| Average Annual Revenue | Historical 12-month average | $57,654 |
Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Apr, 27 2026.
Wautoma attracts STR investors because of its favorable revenue-to-property-cost ratio and limited competition in a lake-centric vacation market.
Key investment factors
"Wautoma represents a moderately attractive investment opportunity shaped by pronounced seasonality. August leads the calendar at $9,187 in average revenue while winter months like February dip to around $2,577, creating a roughly 3.5x spread between peak and trough. The market's strength lies in its pricing power — a $396 ADR against a modest 32-listing supply base — though investors need to plan for several months of softer cash flow outside the summer window. For buyers who can secure properties at or below the area's average home value and capitalize on the lake-tourism draw, this market offers a credible path to solid returns."
— Rabbu Market Analysis Team
Wautoma's revenue profile is sharply seasonal — August leads at $9,187, roughly 3.6 times the February low of $2,577. The summer core of June through August accounts for a disproportionate share of annual income, while a secondary bump in December ($4,647) suggests some holiday or winter weekend demand that savvy hosts can capture.
| Month | Trend | Revenue |
|---|---|---|
| January |
|
$2,827 |
| February |
|
$2,577 |
| March |
|
$3,822 |
| April |
|
$2,714 |
| May |
|
$5,346 |
| June |
|
$7,184 |
| July |
|
$8,085 |
| August |
|
$9,187 |
| September |
|
$4,392 |
| October |
|
$4,174 |
| November |
|
$2,694 |
| December |
|
$4,647 |
Three-bedroom properties dominate the supply with 13 of 32 active listings, followed closely by 4-bedrooms at 10 listings. Two-bedroom units are notably scarce with only 5 listings, which could represent either limited demand for smaller properties or a potential gap for investors targeting couples and smaller groups.
| Size | Trend | Value |
|---|---|---|
| 2 bedrooms |
|
5 |
| 3 bedrooms |
|
13 |
| 4 bedrooms |
|
10 |
ADR scales steadily with property size: 2-bedrooms average $221, 3-bedrooms $371, and 4-bedrooms command $422 per night. The jump from 2 to 3 bedrooms is particularly steep at $150, suggesting that the added space and guest capacity significantly increases willingness to pay in this lake-vacation market.
| Size | Trend | Value |
|---|---|---|
| 2 bedrooms |
|
$221 |
| 3 bedrooms |
|
$371 |
| 4 bedrooms |
|
$422 |
RevPAN ranges from $63 for 2-bedroom units to $92 for 4-bedrooms, with 3-bedrooms close behind at $90. The narrow $2 gap between 3- and 4-bedroom RevPAN suggests that the higher ADR of 4-bedroom properties is largely offset by slightly lower occupancy, making 3-bedrooms an efficient sweet spot for revenue per available night.
| Size | Trend | Value |
|---|---|---|
| 2 bedrooms |
|
$63 |
| 3 bedrooms |
|
$90 |
| 4 bedrooms |
|
$92 |
Smaller properties fill more consistently — 2-bedrooms lead with 29% occupancy compared to 24% for 3-bedrooms and 22% for 4-bedrooms. While none of these rates are high in absolute terms (reflecting the seasonal nature of the market), the pattern suggests that budget-conscious travelers and smaller groups book more frequently across the calendar.
| Size | Trend | Value |
|---|---|---|
| 2 bedrooms |
|
29% |
| 3 bedrooms |
|
24% |
| 4 bedrooms |
|
22% |
Three-bedroom listings top the monthly revenue chart at $4,671, edging out 4-bedrooms at $4,634 despite a lower nightly rate, thanks to slightly better occupancy. Two-bedroom units trail at $3,460 per month, earning roughly 26% less than the larger configurations.
| Size | Trend | Value |
|---|---|---|
| 2 bedrooms |
|
$3,460 |
| 3 bedrooms |
|
$4,671 |
| 4 bedrooms |
|
$4,634 |
Annual revenue peaks with 3-bedroom properties at $56,058, followed closely by 4-bedrooms at $55,616 — a negligible difference that makes 3-bedrooms potentially more attractive given their likely lower acquisition and maintenance costs. Two-bedroom units generate $41,528 annually, which may still pencil out for investors who can acquire them at a significantly lower price point.
| Size | Trend | Value |
|---|---|---|
| 2 bedrooms |
|
$41,528 |
| 3 bedrooms |
|
$56,058 |
| 4 bedrooms |
|
$55,616 |
Every active listing in Wautoma offers a BBQ grill and kitchen, and 97% include a washer and parking — reflecting the self-sufficient, vacation-home experience guests expect. Lake access (84%) and waterfront positioning (69%) are especially notable as competitive differentiators, signaling that proximity to water is central to this market's appeal and a key factor in property selection.
| Amenity | Trend | Value |
|---|---|---|
| BBQ Grill |
|
100% |
| Kitchen |
|
100% |
| Washer |
|
97% |
| Parking |
|
97% |
| Patio or Balcony |
|
91% |
| Dryer |
|
91% |
| Self Check-in |
|
84% |
| Outdoor Furniture |
|
84% |
| Lake Access |
|
84% |
| Backyard |
|
81% |
| Waterfront |
|
69% |
| Pets |
|
63% |
| Workspace |
|
56% |
| Beach Access |
|
47% |
Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.
| Factor | Wautoma Performance | Weight |
|---|---|---|
| Revenue-to-Price Ratio | Above average | 40% |
| Occupancy Stability | Average | 30% |
| Market Growth Trend | Below average | 15% |
| Supply/Demand Balance | Average | 15% |
Wautoma's ROI score of 70 out of 100 places it in the "Attractive Opportunity" band, driven primarily by an above-average revenue-to-price ratio that makes the income potential compelling relative to property costs. Occupancy stability and supply/demand balance score at average levels, while market growth trends sit below average — a flag worth monitoring given the 206% year-over-year increase in active listings. Investors should pair these data points with thorough local regulatory research and a realistic seasonal cash-flow plan to determine whether this market fits their portfolio goals.
Understanding local STR regulations is essential before investing in Wautoma. Here's the current regulatory landscape:
Short-term rental operators in Wautoma, Wisconsin should be aware that the state requires tourist rooming house licenses for properties rented for fewer than 30 consecutive days. Investors should verify current permit and registration requirements with the City of Wautoma and Waushara County, as local ordinances may impose additional conditions.
Common restrictions that may apply to STR properties in Wisconsin communities include occupancy limits, minimum stay requirements, noise and nuisance standards, and off-street parking mandates. Some areas also enforce permit caps or require proof of compliance with safety and inspection codes, and any applicable HOA rules should be reviewed before purchasing.
Wisconsin imposes a state sales tax and a room tax on short-term rental accommodations, and Waushara County may levy an additional local room tax. Platforms like Airbnb often collect and remit some of these taxes automatically, but hosts should confirm their full obligations with a local tax professional.
Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Wautoma can provide current regulatory guidance.
Financing an Airbnb investment in Wautoma requires lenders who understand STR income. Rabbu partner lenders offer:
"Over the next 12–18 months, Wautoma's STR market is likely to follow its established seasonal rhythm, with the strongest booking windows concentrated from late May through August. ADR currently sits at $396 — already above the Wisconsin state average of $368 — and modest rate increases of 1–3% are plausible as the small supply base limits competitive pressure. Occupancy may remain in the 24–28% range annually given the market's vacation-driven demand profile, though investors who optimize pricing during shoulder months like September and December could capture incremental gains. Growth in active listings has been notable (206% year-over-year), so new entrants should monitor supply trends closely."
— Rabbu Market Analysis Team
Rabbu provides Airbnb and short-term rental market data and statistics across the United States. Our mission is to empower investors with accurate insights and easy-to-use tools, so they can confidently identify and act on the best opportunities in the Airbnb market.
Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Apr, 27 2026. Revenue projections are estimates based on comparable properties and do not guarantee future performance. Data reflects trailing 12-month averages and may not capture very recent market shifts. Local regulations, HOA rules, and licensing requirements can change — always verify with local authorities before investing.
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