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
5278 207th Street N Forest Lake, MN Welcome to Forest Lake, where the restaurants are drool-worthy, shopping is a treasure hun...	2 beds \| 2 baths \| 1,438 sq.ft.	$234,900	Airbnb cash on cash: 3.88% Traditional cash on cash: 5.45% Airbnb Rental Income: $2230 Traditional Rental Income: $2019 Airbnb ROI: 3.88% Traditional ROI: 5.45%
21590 Heath Avenue N Forest Lake, MN This spacious and sprawling home is beautifully situated on a large 1/2 acre just off Scan...	4 beds \| 2 baths \| 2,388 sq.ft.	$396,900	Airbnb cash on cash: 7.36% Traditional cash on cash: 4.83% Airbnb Rental Income: $4440 Traditional Rental Income: $2569 Airbnb ROI: 7.36% Traditional ROI: 4.83%
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: 1.88% Traditional cash on cash: 1.35% Airbnb Rental Income: $4440 Traditional Rental Income: $3041 Airbnb ROI: 1.88% Traditional ROI: 1.35%
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: 4.49% Traditional cash on cash: 1.92% Airbnb Rental Income: $5577 Traditional Rental Income: $2542 Airbnb ROI: 4.49% 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: 1.76% Traditional cash on cash: 2.85% Airbnb Rental Income: $2230 Traditional Rental Income: $2176 Airbnb ROI: 1.76% 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: 1.02% Traditional cash on cash: 2.29% Airbnb Rental Income: $2230 Traditional Rental Income: $2484 Airbnb ROI: 1.02% 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: 1.54% Traditional cash on cash: 3.4% Airbnb Rental Income: $2230 Traditional Rental Income: $2508 Airbnb ROI: 1.54% 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: 5.14% Traditional cash on cash: 3.41% Airbnb Rental Income: $4440 Traditional Rental Income: $2780 Airbnb ROI: 5.14% 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: 1.48% Traditional cash on cash: 3.31% Airbnb Rental Income: $2230 Traditional Rental Income: $2508 Airbnb ROI: 1.48% 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: 1.48% Traditional cash on cash: 2.55% Airbnb Rental Income: $2230 Traditional Rental Income: $2176 Airbnb ROI: 1.48% Traditional ROI: 2.55%
1071 9th Street SE Forest Lake, MN All the fun of the lake without the work and taxes. This 2 story with walkout basement has...	4 beds \| 4 baths \| 3,585 sq.ft.	$499,900	Airbnb cash on cash: 5.14% Traditional cash on cash: 5.29% Airbnb Rental Income: $4557 Traditional Rental Income: $3678 Airbnb ROI: 5.14% Traditional ROI: 5.29%
20805 Ingersoll Avenue N Forest Lake, MN Elegant to be built home by Guidance Homes, Inc. Nestled on a sprawling acreage lot offeri...	5 beds \| 5 baths \| 4,621 sq.ft.	$1,699,900	Airbnb cash on cash: 3.52% Traditional cash on cash: 1.94% Airbnb Rental Income: $8970 Traditional Rental Income: $4792 Airbnb ROI: 3.52% Traditional ROI: 1.94%
157 4th Avenue NE Forest Lake, MN This 55+, one-level condo on beautiful Forest Lake is the one you've been waiting for! Ful...	2 beds \| 2 baths \| 1,404 sq.ft.	$489,900	Airbnb cash on cash: 1.12% Traditional cash on cash: 2.51% Airbnb Rental Income: $2230 Traditional Rental Income: $2307 Airbnb ROI: 1.12% Traditional ROI: 2.51%
10085 Scandia Trail N Forest Lake, MN Embrace the perfect blend of wooded seclusion and beautiful lakeshore with this one-of-a-k...	2 beds \| 1 baths \| 700 sq.ft.	$545,000	Airbnb cash on cash: 1.55% Traditional cash on cash: 1.34% Airbnb Rental Income: $2230 Traditional Rental Income: $1563 Airbnb ROI: 1.55% Traditional ROI: 1.34%
24778 Esquire Boulevard Forest Lake, MN STUNNING custom built 2 story loaded with upgrades! Walkout 2 story featuring granite cou...	5 beds \| 4 baths \| 3,870 sq.ft.	$699,900	Airbnb cash on cash: 8.96% Traditional cash on cash: 3.47% Airbnb Rental Income: $8970 Traditional Rental Income: $3704 Airbnb ROI: 8.96% Traditional ROI: 3.47%
4715 Wyngate Boulevard Forest Lake, MN Perfectly situated just off Highway 35, this home offers the ideal blend of convenience an...	2 beds \| 1 baths \| 1,011 sq.ft.	$299,900	Airbnb cash on cash: 2.46% Traditional cash on cash: 1.89% Airbnb Rental Income: $2230 Traditional Rental Income: $1511 Airbnb ROI: 2.46% Traditional ROI: 1.89%
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: 5.58% Traditional cash on cash: 2.84% Airbnb Rental Income: $5577 Traditional Rental Income: $2772 Airbnb ROI: 5.58% 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: 3.2% Traditional cash on cash: 4.94% Airbnb Rental Income: $2230 Traditional Rental Income: $2105 Airbnb ROI: 3.2% Traditional ROI: 4.94%
1022 17th Avenue SE Forest Lake, MN Comfort, Convenience & Endless Possibilities in This Inviting 55+ Community! Embrace the ...	4 beds \| 2 baths \| 1,754 sq.ft.	$285,000	Airbnb cash on cash: 9.98% Traditional cash on cash: 5.76% Airbnb Rental Income: $4440 Traditional Rental Income: $2379 Airbnb ROI: 9.98% Traditional ROI: 5.76%
22400 Elston Avenue Forest Lake, MN Fantastic custom built home in Forest Lake with new paint, carpet and luxury vinyl through...	4 beds \| 4 baths \| 3,246 sq.ft.	$499,900	Airbnb cash on cash: 5.33% Traditional cash on cash: 5.63% Airbnb Rental Income: $4440 Traditional Rental Income: $3655 Airbnb ROI: 5.33% Traditional ROI: 5.63%
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: 0.85% Traditional cash on cash: 0.97% Airbnb Rental Income: $2230 Traditional Rental Income: $1734 Airbnb ROI: 0.85% Traditional ROI: 0.97%
83 1st Street SE Forest Lake, MN Highly sought after and rare lakefront, end-unit townhome in the heart of downtown Forest ...	2 beds \| 3 baths \| 1,365 sq.ft.	$574,900	Airbnb cash on cash: 1.27% Traditional cash on cash: 2.55% Airbnb Rental Income: $2230 Traditional Rental Income: $2355 Airbnb ROI: 1.27% Traditional ROI: 2.55%
7214 218th Street N #4D Forest Lake, MN It's about the lifestyle! Rare opportunity to own and end unit townhome in desirable Castl...	2 beds \| 2 baths \| 1,330 sq.ft.	$279,900	Airbnb cash on cash: 2.92% Traditional cash on cash: 3.76% Airbnb Rental Income: $2230 Traditional Rental Income: $1892 Airbnb ROI: 2.92% Traditional ROI: 3.76%
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: 1.51% Traditional cash on cash: 3.36% Airbnb Rental Income: $2230 Traditional Rental Income: $2508 Airbnb ROI: 1.51% 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: 1.51% Traditional cash on cash: 3.36% Airbnb Rental Income: $2230 Traditional Rental Income: $2508 Airbnb ROI: 1.51% 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.	$400,000	Airbnb cash on cash: 6.79% Traditional cash on cash: 4.8% Airbnb Rental Income: $4440 Traditional Rental Income: $2765 Airbnb ROI: 6.79% Traditional ROI: 4.8%
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.	$475,000	Airbnb cash on cash: 5.9% Traditional cash on cash: 5.11% Airbnb Rental Income: $4440 Traditional Rental Income: $3160 Airbnb ROI: 5.9% Traditional ROI: 5.11%
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: 4.25% Traditional cash on cash: 1.79% Airbnb Rental Income: $5577 Traditional Rental Income: $2563 Airbnb ROI: 4.25% Traditional ROI: 1.79%
10029 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.	$714,900	Airbnb cash on cash: 0.87% Traditional cash on cash: 2.2% Airbnb Rental Income: $2230 Traditional Rental Income: $2553 Airbnb ROI: 0.87% Traditional ROI: 2.2%
4551 232nd Street N Forest Lake, MN Exceptional opportunity for a 4 bed 3 bath 3 car garage split level....priced to sell, wa...	4 beds \| 3 baths \| 2,005 sq.ft.	$384,750	Airbnb cash on cash: 7.44% Traditional cash on cash: 5.3% Airbnb Rental Income: $4440 Traditional Rental Income: $2741 Airbnb ROI: 7.44% Traditional ROI: 5.3%
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.	$475,000	Airbnb cash on cash: 7.08% Traditional cash on cash: 3.21% Airbnb Rental Income: $5577 Traditional Rental Income: $2737 Airbnb ROI: 7.08% Traditional ROI: 3.21%

Real Estate investment in Forest-lake, MN

There are 45 properties for sale in the city of Forest Lake . The median list price in Forest Lake is $484,900 and the average price per square foot is $223. In November 2024, the average monthly cash on cash return in Forest Lake is 4.00%. The average monthly rental income in Forest Lake is $2,548.

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

There are 45 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 $4,440.

Your search for investment property begins and ends here

Investment Property for Sale in Forest Lake, MN

5278 207th Street N

Forest Lake, MN

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

$234,900

Airbnb cash on cash: 3.88%

Traditional cash on cash: 5.45%

Airbnb Rental Income: $2230

Traditional Rental Income: $2019

Airbnb ROI: 3.88%

Traditional ROI: 5.45%

21590 Heath Avenue N

Forest Lake, MN

4 beds | 2 baths | 2,388 sq.ft.

$396,900

Airbnb cash on cash: 7.36%

Traditional cash on cash: 4.83%

Airbnb Rental Income: $4440

Traditional Rental Income: $2569

Airbnb ROI: 7.36%

Traditional ROI: 4.83%

21058 Karoline Court N

Forest Lake, MN

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

$965,000

Airbnb cash on cash: 1.88%

Traditional cash on cash: 1.35%

Airbnb Rental Income: $4440

Traditional Rental Income: $3041

Airbnb ROI: 1.88%

Traditional ROI: 1.35%

10063 211th Street N

Forest Lake, MN

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

$799,900

Airbnb cash on cash: 4.49%

Traditional cash on cash: 1.92%

Airbnb Rental Income: $5577

Traditional Rental Income: $2542

Airbnb ROI: 4.49%

Traditional ROI: 1.92%

19793 Falk Court N

Forest Lake, MN

2 beds | 2 baths | 1,418 sq.ft.

$498,900

Airbnb cash on cash: 1.76%

Traditional cash on cash: 2.85%

Airbnb Rental Income: $2230

Traditional Rental Income: $2176

Airbnb ROI: 1.76%

Traditional ROI: 2.85%

10086 211th Street N

Forest Lake, MN

2 beds | 2 baths | 1,714 sq.ft.

$689,900

Airbnb cash on cash: 1.02%

Traditional cash on cash: 2.29%

Airbnb Rental Income: $2230

Traditional Rental Income: $2484

Airbnb ROI: 1.02%

Traditional ROI: 2.29%

20074 Fitzgerald Trail N

Forest Lake, MN

2 beds | 2 baths | 1,729 sq.ft.

$479,900

Airbnb cash on cash: 1.54%

Traditional cash on cash: 3.4%

Airbnb Rental Income: $2230

Traditional Rental Income: $2508

Airbnb ROI: 1.54%

Traditional ROI: 3.4%

845 8th Avenue SE

Forest Lake, MN

4 beds | 3 baths | 1,950 sq.ft.

$449,900

Airbnb cash on cash: 5.14%

Traditional cash on cash: 3.41%

Airbnb Rental Income: $4440

Traditional Rental Income: $2780

Airbnb ROI: 5.14%