Real Estate Investment Properties for Sale in Forest Lake, MN

Looking for investment property in Forest Lake, MN with high ROI ?

Explore a variety of short-term homes & houses in Forest Lake, MN. Invest wisely with VRBO & Forest Lake, MN Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Forest Lake, MN

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
531 1st Avenue SW Forest Lake, MN Check out this gem! Discover the perfect blend of nostalgia and comfort in this delightful...	2 beds \| 2 baths \| 908 sq.ft.	$223,500	Airbnb cash on cash: N/A Traditional cash on cash: 5.53% Airbnb Rental Income: $null Traditional Rental Income: $1670 Airbnb ROI: N/A Traditional ROI: 5.53%
5278 207th Street N Forest Lake, MN Location! This Forest Lake townhome offers 2 bedrooms and 2 bathrooms, complemented by a s...	2 beds \| 2 baths \| 1,438 sq.ft.	$230,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.51% Airbnb Rental Income: $null Traditional Rental Income: $2019 Airbnb ROI: N/A Traditional ROI: 5.51%
7579 216th Street N Forest Lake, MN Well maintained home, close to schools, parks, and shopping. New furnace and water heater....	4 beds \| 2 baths \| 1,938 sq.ft.	$380,000	Airbnb cash on cash: 7.75% Traditional cash on cash: 5.06% Airbnb Rental Income: $4428 Traditional Rental Income: $2541 Airbnb ROI: 7.75% Traditional ROI: 5.06%
23030 Henna Avenue N Forest Lake, MN This beautifully updated home has been thoughtfully cared for and features quality improve...	3 beds \| 2 baths \| 1,636 sq.ft.	$415,000	Airbnb cash on cash: 6.62% Traditional cash on cash: 3.72% Airbnb Rental Income: $4368 Traditional Rental Income: $2325 Airbnb ROI: 6.62% Traditional ROI: 3.72%
21058 Karoline Court N Forest Lake, MN Unexpected relocation brings this beauty back to the market. Enjoy simplified lake living ...	4 beds \| 3 baths \| 3,322 sq.ft.	$965,000	Airbnb cash on cash: 1.87% Traditional cash on cash: 1.35% Airbnb Rental Income: $4428 Traditional Rental Income: $3041 Airbnb ROI: 1.87% Traditional ROI: 1.35%
5007 207th Street N Forest Lake, MN Immerse yourself in natural beauty in this beautiful 3-bedroom, 2-bathroom corner unit ove...	3 beds \| 2 baths \| 1,524 sq.ft.	$289,900	Airbnb cash on cash: 9.49% Traditional cash on cash: 4.63% Airbnb Rental Income: $4368 Traditional Rental Income: $2124 Airbnb ROI: 9.49% Traditional ROI: 4.63%
22451 Evergreen Circle Forest Lake, MN This stunning and spacious end unit, boasting two-story living spaces with abundant natura...	3 beds \| 3 baths \| 2,351 sq.ft.	$289,000	Airbnb cash on cash: 9.48% Traditional cash on cash: 6.82% Airbnb Rental Income: $4368 Traditional Rental Income: $2727 Airbnb ROI: 9.48% Traditional ROI: 6.82%
10063 211th Street N Forest Lake, MN Guidance Homes, Inc. is proud to welcome you to 'Forest Hills Preserve', an absolutely gor...	3 beds \| 2 baths \| 2,221 sq.ft.	$799,900	Airbnb cash on cash: 3.14% Traditional cash on cash: 1.92% Airbnb Rental Income: $4368 Traditional Rental Income: $2542 Airbnb ROI: 3.14% Traditional ROI: 1.92%
19793 Falk Court N Forest Lake, MN Immediate possession possible. Custom-built slab-on-grade villa by Guidance Homes, Inc. lo...	2 beds \| 2 baths \| 1,418 sq.ft.	$498,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.85% Airbnb Rental Income: $null Traditional Rental Income: $2176 Airbnb ROI: N/A Traditional ROI: 2.85%
10086 211th Street N Forest Lake, MN Guidance Homes, Inc. is proud to welcome you to 'Forest Hills Preserve', an absolutely gor...	2 beds \| 2 baths \| 1,714 sq.ft.	$689,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.29% Airbnb Rental Income: $null Traditional Rental Income: $2484 Airbnb ROI: N/A Traditional ROI: 2.29%
20074 Fitzgerald Trail N Forest Lake, MN Main level living at its finest! This Brand New Slab on Grade townhome offers a huge open ...	2 beds \| 2 baths \| 1,729 sq.ft.	$479,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.4% Airbnb Rental Income: $null Traditional Rental Income: $2508 Airbnb ROI: N/A Traditional ROI: 3.4%
845 8th Avenue SE Forest Lake, MN RARE TO MARKET!!! This one is a must see and these units don't come up for sale very often...	4 beds \| 3 baths \| 1,950 sq.ft.	$449,900	Airbnb cash on cash: 5.12% Traditional cash on cash: 3.41% Airbnb Rental Income: $4428 Traditional Rental Income: $2780 Airbnb ROI: 5.12% Traditional ROI: 3.41%
20106 Fitzgerald Trail N Forest Lake, MN This unit is UNDER CONSTRUCTION. Main level living at its finest! This Brand New Slab on G...	2 beds \| 2 baths \| 1,729 sq.ft.	$489,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.31% Airbnb Rental Income: $null Traditional Rental Income: $2508 Airbnb ROI: N/A Traditional ROI: 3.31%
19809 Falk Court N Forest Lake, MN Custom-built slab-on-grade villa by Guidance Homes, Inc. located in a new association-main...	2 beds \| 2 baths \| 1,418 sq.ft.	$509,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.55% Airbnb Rental Income: $null Traditional Rental Income: $2176 Airbnb ROI: N/A Traditional ROI: 2.55%
7450 N Shore Trail N Forest Lake, MN Look no further...3 bedroom 2 bath home with an oversized finished 3 car garage. All on ....	3 beds \| 2 baths \| 2,260 sq.ft.	$659,750	Airbnb cash on cash: 3.94% Traditional cash on cash: 2.84% Airbnb Rental Income: $4368 Traditional Rental Income: $2772 Airbnb ROI: 3.94% Traditional ROI: 2.84%
5175 207th Street N Forest Lake, MN Welcome to this desirable END UNIT overlooking wide open greenspace! Open concept dining...	2 beds \| 2 baths \| 1,544 sq.ft.	$264,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.94% Airbnb Rental Income: $null Traditional Rental Income: $2105 Airbnb ROI: N/A Traditional ROI: 4.94%
1022 17th Avenue SE Forest Lake, MN Discover the charms of this inviting home, perfectly tucked away for your privacy! This p...	4 beds \| 2 baths \| 1,754 sq.ft.	$285,000	Airbnb cash on cash: 9.94% Traditional cash on cash: 5.76% Airbnb Rental Income: $4428 Traditional Rental Income: $2379 Airbnb ROI: 9.94% Traditional ROI: 5.76%
8549 N Shore Trail N Forest Lake, MN OFFICIAL LISTING AGENT: HOLZ GROUP I 651.998.9829 I WWW.HOLZGROUP.COM. Enjoy waterfront li...	2 beds \| 1 baths \| 1,032 sq.ft.	$565,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.97% Airbnb Rental Income: $null Traditional Rental Income: $1734 Airbnb ROI: N/A Traditional ROI: 0.97%
20084 Fitzgerald Trail N Forest Lake, MN Main level living at its finest! This Brand New Slab on Grade townhome offers a huge open ...	2 beds \| 2 baths \| 1,729 sq.ft.	$484,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.36% Airbnb Rental Income: $null Traditional Rental Income: $2508 Airbnb ROI: N/A Traditional ROI: 3.36%
20092 Fitzgerald Trail N Forest Lake, MN Main level living at its finest! This Brand New Slab on Grade townhome offers a huge open ...	2 beds \| 2 baths \| 1,729 sq.ft.	$484,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.36% Airbnb Rental Income: $null Traditional Rental Income: $2508 Airbnb ROI: N/A Traditional ROI: 3.36%
21212 Pasofino Circle N Forest Lake, MN ONE Level living on a Cul de sac lot, freshly painted interior, new carpet on main level, ...	4 beds \| 3 baths \| 2,479 sq.ft.	$389,900	Airbnb cash on cash: 6.96% Traditional cash on cash: 4.95% Airbnb Rental Income: $4428 Traditional Rental Income: $2765 Airbnb ROI: 6.96% Traditional ROI: 4.95%
7605 209th Street N Forest Lake, MN Discover your private retreat in this charming rambler, perfectly situated on a near-acre ...	4 beds \| 3 baths \| 2,652 sq.ft.	$450,000	Airbnb cash on cash: 6.25% Traditional cash on cash: 5.44% Airbnb Rental Income: $4428 Traditional Rental Income: $3160 Airbnb ROI: 6.25% Traditional ROI: 5.44%
10011 211th Street N Forest Lake, MN Guidance Homes, Inc. is proud to welcome you to 'Forest Hills Preserve', an absolutely gor...	3 beds \| 2 baths \| 2,221 sq.ft.	$824,900	Airbnb cash on cash: 2.94% Traditional cash on cash: 1.79% Airbnb Rental Income: $4368 Traditional Rental Income: $2563 Airbnb ROI: 2.94% Traditional ROI: 1.79%
4551 232nd Street N Forest Lake, MN \|\|* BACK on Market after Fresh Paint and Deep Clean! Ready for Immediate Close. *\|\| Except...	4 beds \| 3 baths \| 2,005 sq.ft.	$389,750	Airbnb cash on cash: 7.3% Traditional cash on cash: 5.22% Airbnb Rental Income: $4428 Traditional Rental Income: $2741 Airbnb ROI: 7.3% Traditional ROI: 5.22%
20575 Everton Court N Court Forest Lake, MN Wow, rare opportunity to purchase an end unit walk-out townhome located on quiet cul-de-s...	3 beds \| 3 baths \| 3,006 sq.ft.	$450,000	Airbnb cash on cash: 5.13% Traditional cash on cash: 3.44% Airbnb Rental Income: $4368 Traditional Rental Income: $2737 Airbnb ROI: 5.13% Traditional ROI: 3.44%
9998 211th Court N Forest Lake, MN Welcome to 'Forest Hills Preserve', Forest Lake's newest premier 55+ Custom Home Associati...	4 beds \| 3 baths \| 3,387 sq.ft.	$1,095,000	Airbnb cash on cash: 2.02% Traditional cash on cash: 1.59% Airbnb Rental Income: $4428 Traditional Rental Income: $3056 Airbnb ROI: 2.02% Traditional ROI: 1.59%
22901 Hayward Avenue N Forest Lake, MN Welcome to 22901 Hayward Ave, a stately custom-built home in the coveted Hayward Avenue ne...	4 beds \| 2 baths \| 3,008 sq.ft.	$599,900	Airbnb cash on cash: 4.33% Traditional cash on cash: 2.6% Airbnb Rental Income: $4428 Traditional Rental Income: $2531 Airbnb ROI: 4.33% Traditional ROI: 2.6%
5119 207th Street N Forest Lake, MN Serene townhome living in a perfectly maintained 2-bedroom, 2-bath gem! Sparkling clean, w...	2 beds \| 2 baths \| 1,338 sq.ft.	$234,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.36% Airbnb Rental Income: $null Traditional Rental Income: $2005 Airbnb ROI: N/A Traditional ROI: 5.36%
22354 Cameo Court Forest Lake, MN Welcome to this beautiful updated home featuring 4 bedrooms, 3 bathrooms, and a 2-car gara...	4 beds \| 3 baths \| 2,036 sq.ft.	$299,900	Airbnb cash on cash: 9.09% Traditional cash on cash: 6.07% Airbnb Rental Income: $4428 Traditional Rental Income: $2649 Airbnb ROI: 9.09% Traditional ROI: 6.07%
7510 231st Street N Forest Lake, MN This charming home is nestled in a peaceful Forest Lake neighborhood, offering both tranqu...	4 beds \| 2 baths \| 2,098 sq.ft.	$350,000	Airbnb cash on cash: 8.17% Traditional cash on cash: 5.55% Airbnb Rental Income: $4428 Traditional Rental Income: $2641 Airbnb ROI: 8.17% Traditional ROI: 5.55%
17251 Kettle River Boulevard NE Forest Lake, MN This charming home sits on over 7 acres of land across two parcels, providing an ideal mix...	3 beds \| 2 baths \| 2,277 sq.ft.	$549,000	Airbnb cash on cash: 4.56% Traditional cash on cash: 2.76% Airbnb Rental Income: $4368 Traditional Rental Income: $2528 Airbnb ROI: 4.56% Traditional ROI: 2.76%

Real Estate investment in Forest-lake, MN

There are 36 properties for sale in the city of Forest Lake . The median list price in Forest Lake is $464,950 and the average price per square foot is $222. In December 2024, the average monthly cash on cash return in Forest Lake is 4.00%. The average monthly rental income in Forest Lake is $2,530.

Forest-lake, MN Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 36 investment properties available for sale in Forest-lake.

In 2024, the best neighborhood to buy investment property is Forest Lake.

The ROI for Short-Term is higher than the Long-Term in Forest-lake with average rental income of $4,428.

Your search for investment property begins and ends here

Investment Property for Sale in Forest Lake, MN

531 1st Avenue SW

Forest Lake, MN

2 beds | 2 baths | 908 sq.ft.

$223,500

Airbnb cash on cash: N/A

Traditional cash on cash: 5.53%

Airbnb Rental Income: $null

Traditional Rental Income: $1670

Airbnb ROI: N/A

Traditional ROI: 5.53%

5278 207th Street N

Forest Lake, MN

2 beds | 2 baths | 1,438 sq.ft.

$230,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.51%

Airbnb Rental Income: $null

Traditional Rental Income: $2019

Airbnb ROI: N/A

Traditional ROI: 5.51%

7579 216th Street N

Forest Lake, MN

4 beds | 2 baths | 1,938 sq.ft.

$380,000

Airbnb cash on cash: 7.75%

Traditional cash on cash: 5.06%

Airbnb Rental Income: $4428

Traditional Rental Income: $2541

Airbnb ROI: 7.75%

Traditional ROI: 5.06%

23030 Henna Avenue N

Forest Lake, MN

3 beds | 2 baths | 1,636 sq.ft.

$415,000

Airbnb cash on cash: 6.62%

Traditional cash on cash: 3.72%

Airbnb Rental Income: $4368

Traditional Rental Income: $2325

Airbnb ROI: 6.62%

Traditional ROI: 3.72%

21058 Karoline Court N

Forest Lake, MN

4 beds | 3 baths | 3,322 sq.ft.

$965,000

Airbnb cash on cash: 1.87%

Traditional cash on cash: 1.35%

Airbnb Rental Income: $4428

Traditional Rental Income: $3041

Airbnb ROI: 1.87%

Traditional ROI: 1.35%

5007 207th Street N

Forest Lake, MN

3 beds | 2 baths | 1,524 sq.ft.

$289,900

Airbnb cash on cash: 9.49%

Traditional cash on cash: 4.63%

Airbnb Rental Income: $4368

Traditional Rental Income: $2124

Airbnb ROI: 9.49%

Traditional ROI: 4.63%

22451 Evergreen Circle

Forest Lake, MN

3 beds | 3 baths | 2,351 sq.ft.

$289,000

Airbnb cash on cash: 9.48%

Traditional cash on cash: 6.82%

Airbnb Rental Income: $4368

Traditional Rental Income: $2727

Airbnb ROI: 9.48%

Traditional ROI: 6.82%

10063 211th Street N

Forest Lake, MN

3 beds | 2 baths | 2,221 sq.ft.

$799,900

Airbnb cash on cash: 3.14%

Traditional cash on cash: 1.92%

Airbnb Rental Income: $4368

Traditional Rental Income: $2542

Airbnb ROI: 3.14%