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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Devils Lake, ND
Listed for sale 1 day ago
$ 219,900
ROI
27.8
Cash Flow/m
493- 3 Bed
- 1 Bath
- 2892 sft
716 6th Ave NE, Devils Lake, ND, 58301
Listed for sale 3 days ago
$ 189,000
ROI
27.9Cash Flow/m
430- 4 Bed
- 3 Bath
- 1888 sft
809 5th St NE, Devils Lake, ND, 58301
Listed for sale 3 days ago
$ 335,000
ROI
22.7Cash Flow/m
275- 3 Bed
- 2 Bath
- 1519 sft
1305 16th St SE, Devils Lake, ND, 58301
Listed for sale 4 days ago
$ 299,900
ROI
25.3Cash Flow/m
461- 3 Bed
- 3 Bath
- 1972 sft
704 Sunset Dr, Devils Lake, ND, 58301
Why Invest in Devils Lake, North Dakota?
Discover investment properties under $500k in Devils Lake, ND, where median home values hover around $225k-$236k. Affordable entry points offer strong potential for cash flow with average rents at $588/month. Recent 4.1% appreciation and low 21.2% cost of living below national average support steady returns. Renter-occupied rates remain solid amid stable local economy and outdoor recreation appeal. Ideal for value-add strategies in this growing North Dakota market.
8.2%
Avg. ROI
3.1%
Rental Yield
6.5%
Cap Rate
$320/mo
Avg. Cash Flow
$588/mo
Avg. Rent
4.1%
1Y Appreciation
Find Your Perfect Investment Property in Devils Lake, North Dakota
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