Under $500K Investment Properties for Sale in Surrey, ND
638- 5 Bed
- 3 Bath
- 2730 sft
678- 4 Bed
- 4 Bath
- 3040 sft
223- 5 Bed
- 2 Bath
- 2560 sft
140- 3 Bed
- 2 Bath
- 2400 sft
Why Invest in Surrey, North Dakota?
Surrey, ND offers strong investment potential in homes under $500k, with median prices around $325k providing accessible entry points for cash-flowing rentals. Energy sector stability drives consistent rental demand and low vacancy rates. Annual appreciation of 1-2% combines with solid cap rates around 7% for reliable returns. High renter occupancy near 35% reflects workforce housing needs in this growing community. Proximity to oil production supports long-term value appreciation and yield.
Frequently Asked Questions
Yes, Surrey's median home value is around $325k, with multiple listings under $500k suitable for investment. These properties offer strong rental potential due to local demand. Check government census data for housing trends.
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