Under $500K Investment Properties for Sale in Devils Lake, ND
Listed for sale 1 day ago
$ 429,000
ROI
20.4
Cash Flow/m
75- 3 Bed
- 3 Bath
- 2656 sft
2301 14th Ave SW, Devils Lake, ND, 58301
Listed for sale 5 days ago
$ 130,000
ROI
26.0Cash Flow/m
224- 4 Bed
- 2 Bath
- 1436 sft
1026 2nd St NE, Devils Lake, ND, 58301
Listed for sale 6 days ago
$ 459,000
ROI
29.9Cash Flow/m
1298- 5 Bed
- 3 Bath
- 3742 sft
1001 3rd 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
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
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