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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

$ 239,900
ROI
24.4
Cash Flow/m
308- 3 Bed
- 2 Bath
- 1092 sft
1228 6th St NE, Devils Lake, ND, 58301

$ 179,000
ROI
27.5
Cash Flow/m
385- 3 Bed
- 2 Bath
- 1178 sft
517 7th St SE, Devils Lake, ND, 58301

$ 195,000
ROI
32.9
Cash Flow/m
713- 3 Bed
- 3 Bath
- 1499 sft
721 8th Ave NE, Devils Lake, ND, 58301

$ 205,000
ROI
23.2
Cash Flow/m
197- 4 Bed
- 1 Bath
- 996 sft
316 14th St NW, 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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