Under $300K Investment Properties for Sale in Devils Lake, ND
Listed for sale 6 days ago
$ 130,000
ROI
25.5
Cash Flow/m
206- 4 Bed
- 2 Bath
- 1436 sft
1026 2nd St NE, Devils Lake, ND, 58301
$ 210,000
ROI
32.5Cash Flow/m
743- 3 Bed
- 2 Bath
- 1216 sft
827 9th St NE, Devils Lake, ND, 58301
$ 275,000
ROI
24.4Cash Flow/m
358- 4 Bed
- 2 Bath
- 1402 sft
916 6th St NE, Devils Lake, ND, 58301
Fix & Flip
$ 123,900
ROI
25.1Cash Flow/m
186- 2 Bed
- 1 Bath
- 960 sft
912 1st 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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