Investment Properties Under $500K in Devils Lake, ND | Ziffy.ai
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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

Property at 911 5th Ave NE, Devils Lake, ND
$ 299,000
ROI
20.9ROI percentage
Cash Flow/m
Dollar sign94
  • 7 Bed
  • 4 Bath
  • 3797 sft
911 5th Ave NE, Devils Lake, ND, 58301
Property at 404 14th St NW, Devils Lake, ND
Fix & Flip
$ 197,000
ROI
31.2ROI percentage
Cash Flow/m
Dollar sign625
  • 3 Bed
  • 2 Bath
  • 2454 sft
404 14th St NW, Devils Lake, ND, 58301
Property at 111 13th St NW, Devils Lake, ND
$ 225,000
ROI
32.1ROI percentage
Cash Flow/m
Dollar sign775
  • 3 Bed
  • 2 Bath
  • 2016 sft
111 13th St NW, Devils Lake, ND, 58301
Property at 210 Eva St, Devils Lake, ND
$ 349,900
ROI
25.2ROI percentage
Cash Flow/m
Dollar sign526
  • 4 Bed
  • 2 Bath
  • 2752 sft
210 Eva St, 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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