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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Devils Lake, ND

$ 165,000
ROI
29.2
Cash Flow/m
435- 2 Bed
- 1 Bath
- 2048 sft
305 8th St NE, Devils Lake, ND, 58301

$ 275,000
ROI
25.4
Cash Flow/m
430- 4 Bed
- 2 Bath
- 2198 sft
607 2nd St NE, Devils Lake, ND, 58301

$ 284,900
ROI
30.3
Cash Flow/m
833- 5 Bed
- 3 Bath
- 2325 sft
210 7th St NE, Devils Lake, ND, 58301

$ 189,000
ROI
25.0
Cash Flow/m
275- 2 Bed
- 2 Bath
- 2112 sft
315 8th St NE, Devils Lake, ND, 58301
Why Invest in Devils Lake, North Dakota?
Discover investment properties under $300k in Devils Lake, ND, where median home values hover around $235k offering entry-level opportunities. Stable rental yields and cap rates make these affordable homes attractive for cash flow-focused investors. The local economy supports consistent demand with modest appreciation potential. Low vacancy supports reliable occupancy in this lakeside market. Recent trends show steady price growth from $222k to $235k over 2025.
8.5%
Avg. ROI
7.2%
Rental Yield
6.8%
Cap Rate
$450/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3.1%
1Y Appreciation
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