Fix and Flip Properties in Devils Lake, ND | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Fix And Flip Investment Properties for Sale in Devils Lake, ND

Why Invest in Devils Lake, North Dakota?

Fix-and-flip opportunities in Devils Lake, ND offer strong potential for investors targeting undervalued properties in this stable market. Average home values hover around $235,000 with 4.1% annual appreciation, creating room for profitable renovations and quick sales[1]. Cap rates support flips with median prices showing variability from $69,000 fixer-uppers to $430,000 premium homes[4]. Renter occupancy remains consistent in this lakeside community, aiding holding strategies if flips extend. Economic stability from local employers enhances resale demand for updated properties.

12.5%
Avg. ROI
6.8%
Rental Yield
7.2%
Cap Rate
$450/mo
Avg. Cash Flow
$1495/mo
Avg. Rent
4.1%
1Y Appreciation

Frequently Asked Questions

Affordable entry prices from $69k allow high ROI post-renovation, with 4.1% appreciation boosting resale values[1]. Market shows variability ideal for targeting undervalued homes[4]. Stable demand from locals and tourists supports quick flips.

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