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 310 15th Ave SE, Devils Lake, ND
$ 369,000
ROI
24.7ROI percentage
Cash Flow/m
Dollar sign503
  • 4 Bed
  • 3 Bath
  • 3384 sft
310 15th Ave SE, Devils Lake, ND, 58301
Property at 1228 6th St NE, Devils Lake, ND
$ 239,900
ROI
24.4ROI percentage
Cash Flow/m
Dollar sign308
  • 3 Bed
  • 2 Bath
  • 1092 sft
1228 6th St NE, Devils Lake, ND, 58301
Property at 8072 56th St NE, Devils Lake, ND
Motivated Seller
$ 485,000
ROI
23.5ROI percentage
Cash Flow/m
Dollar sign499
  • 5 Bed
  • 4 Bath
  • 3500 sft
8072 56th St NE, Devils Lake, ND, 58301
Property at 4929 85th Ave NE, Devils Lake, ND
$ 315,000
ROI
26.6ROI percentage
Cash Flow/m
Dollar sign598
  • 3 Bed
  • 3 Bath
  • 2880 sft
4929 85th Ave 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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