Real Estate Investment Properties for Sale in Deerwood, MN

Looking for investment property in Deerwood, MN with high ROI ?

Explore a variety of short-term homes & houses in Deerwood, MN. Invest wisely with VRBO & Deerwood, 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 Deerwood, MN

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
22835 Osprey Road Deerwood, MN What a great opportunity!! Turnkey cabin with short-term rental history. "Crooked Lake Ca...	2 beds \| 1 baths \| 800 sq.ft.	$334,900	Airbnb cash on cash: 0.13% Traditional cash on cash: 1.72% Airbnb Rental Income: $1026 Traditional Rental Income: $1164 Airbnb ROI: 0.13% Traditional ROI: 1.72%
12817 County Road 10 Deerwood, MN Don't miss this completely remodeled three bedroom, two bath home. Home sits on a wooded 3...	3 beds \| 2 baths \| 1,788 sq.ft.	$299,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.96% Airbnb Rental Income: $null Traditional Rental Income: $2459 Airbnb ROI: N/A Traditional ROI: 6.96%
23607 Warren Court Deerwood, MN Experience lakefront living at its finest on the Crooked Lake Chain with a rare 1,000+ ft ...	3 beds \| 2 baths \| 2,684 sq.ft.	$924,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.04% Airbnb Rental Income: $null Traditional Rental Income: $3000 Airbnb ROI: N/A Traditional ROI: 2.04%
17433 Old Highway 6 #14 Deerwood, MN Instead of going up to the lake to work on the house, go up to enjoy it!! This Lakeside V...	3 beds \| 3 baths \| 2,030 sq.ft.	$369,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.19% Airbnb Rental Income: $null Traditional Rental Income: $2760 Airbnb ROI: N/A Traditional ROI: 6.19%
25150 Tame Fish Lake Road #552 Deerwood, MN Get passive rental income with the option for personal use at Nostalgic Ruttger's Resort. ...	2 beds \| 2 baths \| 1,090 sq.ft.	$159,552	Airbnb cash on cash: -0.01% Traditional cash on cash: 7.47% Airbnb Rental Income: $1026 Traditional Rental Income: $1807 Airbnb ROI: -0.01% Traditional ROI: 7.47%
22938 Portage Pass Road Deerwood, MN This charming seasonal cabin has been fully renovated! A rare find on the sought-after Cr...	1 beds \| 1 baths \| 540 sq.ft.	$340,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.35% Airbnb Rental Income: $null Traditional Rental Income: $1333 Airbnb ROI: N/A Traditional ROI: 2.35%
21414 Beach Road Deerwood, MN Welcome to your dream lake place on highly desirable Serpent Lake! This beautifully mainta...	3 beds \| 2 baths \| 2,500 sq.ft.	$1,000,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.82% Airbnb Rental Income: $null Traditional Rental Income: $3049 Airbnb ROI: N/A Traditional ROI: 1.82%
23083 Cross Drive Deerwood, MN This beautiful Deerwood Home is placed on a large 1.59 acre lot. This 3 bedroom home has ...	3 beds \| 1 baths \| 1,780 sq.ft.	$339,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.62% Airbnb Rental Income: $null Traditional Rental Income: $1987 Airbnb ROI: N/A Traditional ROI: 4.62%

Real Estate investment in Deerwood, MN

There are 9 properties for sale in the city of Deerwood . The median list price in Deerwood is $340,000 and the average price per square foot is $191. In September 2025, the average monthly cash on cash return in Deerwood is 3.00%. The average monthly rental income in Deerwood is $2,459.

Deerwood, MN Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 9 investment properties available for sale in Deerwood.

In 2025, the best neighborhood to buy investment property is Deerwood.

The ROI for Short-Term is higher than the Long-Term in Deerwood with average rental income of $1,026.

Your search for investment property begins and ends here

Investment Property for Sale in Deerwood, MN

22835 Osprey Road

Deerwood, MN

2 beds | 1 baths | 800 sq.ft.

$334,900

Airbnb cash on cash: 0.13%

Traditional cash on cash: 1.72%

Airbnb Rental Income: $1026

Traditional Rental Income: $1164

Airbnb ROI: 0.13%

Traditional ROI: 1.72%

12817 County Road 10

Deerwood, MN

3 beds | 2 baths | 1,788 sq.ft.

$299,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.96%

Airbnb Rental Income: $null

Traditional Rental Income: $2459

Airbnb ROI: N/A

Traditional ROI: 6.96%

23607 Warren Court

Deerwood, MN

3 beds | 2 baths | 2,684 sq.ft.

$924,900

Airbnb cash on cash: N/A

Traditional cash on cash: 2.04%

Airbnb Rental Income: $null

Traditional Rental Income: $3000

Airbnb ROI: N/A

Traditional ROI: 2.04%

17433 Old Highway 6 #14

Deerwood, MN

3 beds | 3 baths | 2,030 sq.ft.

$369,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.19%

Airbnb Rental Income: $null

Traditional Rental Income: $2760

Airbnb ROI: N/A

Traditional ROI: 6.19%

25150 Tame Fish Lake Road #552

Deerwood, MN

2 beds | 2 baths | 1,090 sq.ft.

$159,552

Airbnb cash on cash: -0.01%

Traditional cash on cash: 7.47%

Airbnb Rental Income: $1026

Traditional Rental Income: $1807

Airbnb ROI: -0.01%

Traditional ROI: 7.47%

22938 Portage Pass Road

Deerwood, MN

1 beds | 1 baths | 540 sq.ft.

$340,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.35%

Airbnb Rental Income: $null

Traditional Rental Income: $1333

Airbnb ROI: N/A

Traditional ROI: 2.35%

21414 Beach Road

Deerwood, MN

3 beds | 2 baths | 2,500 sq.ft.

$1,000,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.82%

Airbnb Rental Income: $null

Traditional Rental Income: $3049

Airbnb ROI: N/A

Traditional ROI: 1.82%

23083 Cross Drive

Deerwood, MN

3 beds | 1 baths | 1,780 sq.ft.

$339,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.62%

Airbnb Rental Income: $null

Traditional Rental Income: $1987

Airbnb ROI: N/A