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 305 8th St NE, Devils Lake, ND
$ 165,000
ROI
29.2ROI percentage
Cash Flow/m
Dollar sign435
  • 2 Bed
  • 1 Bath
  • 2048 sft
305 8th St NE, Devils Lake, ND, 58301
Property at 2201 13th Ave SW, Devils Lake, ND
$ 405,000
ROI
26.3ROI percentage
Cash Flow/m
Dollar sign742
  • 4 Bed
  • 3 Bath
  • 2704 sft
2201 13th Ave SW, Devils Lake, ND, 58301
Property at 417 15th St NE, Devils Lake, ND
$ 319,000
ROI
30.2ROI percentage
Cash Flow/m
Dollar sign925
  • 5 Bed
  • 3 Bath
  • 2586 sft
417 15th St NE, Devils Lake, ND, 58301
Property at 607 2nd St NE, Devils Lake, ND
$ 275,000
ROI
25.4ROI percentage
Cash Flow/m
Dollar sign430
  • 4 Bed
  • 2 Bath
  • 2198 sft
607 2nd 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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