Under $500K Investment Properties for Sale in Horace, ND
774- 4 Bed
- 2 Bath
- 2183 sft
524- 4 Bed
- 3 Bath
- 2636 sft
266- 4 Bed
- 3 Bath
- 3382 sft
683- 4 Bed
- 2 Bath
- 1860 sft
Why Invest in Horace, North Dakota?
Discover investment opportunities in Horace, ND under $500k, where entry-level properties offer strong potential in a growing suburb. Recent data shows median home prices around $398k with 0.3% yearly growth, making sub-$500k deals accessible[1]. Rental yields average 6-7% amid low vacancy and proximity to Fargo's job market. Annual appreciation holds steady at 2-3%, supported by new construction demand. Investor-friendly cap rates near 7% and positive cash flow make this market appealing for beginners.
Frequently Asked Questions
Yes, median sale prices hover around $398k, with many single-family homes and duplexes under $500k suitable for rentals[1]. These offer good entry points amid 2% appreciation. Proximity to Fargo enhances cash flow potential.
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