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
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.	$924,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.97% Airbnb Rental Income: $null Traditional Rental Income: $3049 Airbnb ROI: N/A Traditional ROI: 1.97%
TBD 2.58 Acres Kennedy Dr Deerwood, MN TBD 2.58 Acres Mine Shaft Pl, Deerwood, MN 56444 \| Other	N/A beds \| N/A baths \| N/A	$49,900	Airbnb cash on cash: N/A Traditional cash on cash: 11.35% Airbnb Rental Income: $null Traditional Rental Income: $776 Airbnb ROI: N/A Traditional ROI: 11.35%
17251 State Hwy 6 Deerwood, MN 17251 State Hwy 6, Deerwood, MN 56444 \| Single Family Residential	2 beds \| 1 baths \| 988 sq.ft.	$428,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.79% Airbnb Rental Income: $null Traditional Rental Income: $1259 Airbnb ROI: N/A Traditional ROI: 0.79%
25124 Tame Fish Lake Rd #550 Deerwood, MN 25124 Tame Fish Lake Rd #550, Deerwood, MN 56444 \| Townhouse	3 beds \| 2 baths \| 1,000 sq.ft.	$220,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.73% Airbnb Rental Income: $null Traditional Rental Income: $1737 Airbnb ROI: N/A Traditional ROI: 3.73%
21832 County Road 10 Deerwood, MN 21832 County Road 10, Deerwood, MN 56444 \| Other	N/A beds \| N/A baths \| N/A	$120,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.57% Airbnb Rental Income: $null Traditional Rental Income: $776 Airbnb ROI: N/A Traditional ROI: 3.57%
TBD 3.19 Acres State 210 Hwy Deerwood, MN TBD 3.19 Acres State 210 Hwy, Deerwood, MN 56444 \| Other	N/A beds \| N/A baths \| N/A	$109,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.32% Airbnb Rental Income: $null Traditional Rental Income: $776 Airbnb ROI: N/A Traditional ROI: 4.32%
14770 Katrine Dr Deerwood, MN 14770 Katrine Dr, Deerwood, MN 56444 \| Single Family Residential	2 beds \| 1 baths \| 630 sq.ft.	$275,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.25% Airbnb Rental Income: $null Traditional Rental Income: $1186 Airbnb ROI: N/A Traditional ROI: 1.25%
17508 Ruttger Way Deerwood, MN 17508 Ruttger Way, Deerwood, MN 56444 \| Single Family Residential	4 beds \| 4 baths \| 3,312 sq.ft.	$899,900	Airbnb cash on cash: N/A Traditional cash on cash: -0.87% Airbnb Rental Income: $null Traditional Rental Income: $1538 Airbnb ROI: N/A Traditional ROI: -0.87%
24909 Sandy Ln #801, 802, 803 Deerwood, MN 24909 Sandy Ln #801, 802, 803, Deerwood, MN 56444 \| Townhouse	3 beds \| 3 baths \| 1,790 sq.ft.	$382,500	Airbnb cash on cash: N/A Traditional cash on cash: 1.93% Airbnb Rental Income: $null Traditional Rental Income: $2484 Airbnb ROI: N/A Traditional ROI: 1.93%

Real Estate investment in Deerwood, MN

There are 10 properties for sale in the city of Deerwood . The median list price in Deerwood is $220,000 and the average price per square foot is $121. In March 2026, the average monthly cash on cash return in Deerwood is 2.00%. The average monthly rental income in Deerwood is $1,728.

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

There are 10 investment properties available for sale in Deerwood.

In 2026, 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 $N/A.

Your search for investment property begins and ends here

Investment Property for Sale in Deerwood, MN

21414 Beach Road

Deerwood, MN

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

$924,900

Airbnb cash on cash: N/A

Traditional cash on cash: 1.97%

Airbnb Rental Income: $null

Traditional Rental Income: $3049

Airbnb ROI: N/A

Traditional ROI: 1.97%

TBD 2.58 Acres Kennedy Dr

Deerwood, MN

N/A beds | N/A baths | N/A

$49,900

Airbnb cash on cash: N/A

Traditional cash on cash: 11.35%

Airbnb Rental Income: $null

Traditional Rental Income: $776

Airbnb ROI: N/A

Traditional ROI: 11.35%

17251 State Hwy 6

Deerwood, MN

2 beds | 1 baths | 988 sq.ft.

$428,000

Airbnb cash on cash: N/A

Traditional cash on cash: 0.79%

Airbnb Rental Income: $null

Traditional Rental Income: $1259

Airbnb ROI: N/A

Traditional ROI: 0.79%

25124 Tame Fish Lake Rd #550

Deerwood, MN

3 beds | 2 baths | 1,000 sq.ft.

$220,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.73%

Airbnb Rental Income: $null

Traditional Rental Income: $1737

Airbnb ROI: N/A

Traditional ROI: 3.73%

21832 County Road 10

Deerwood, MN

N/A beds | N/A baths | N/A

$120,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.57%

Airbnb Rental Income: $null

Traditional Rental Income: $776

Airbnb ROI: N/A

Traditional ROI: 3.57%

TBD 3.19 Acres State 210 Hwy

Deerwood, MN

N/A beds | N/A baths | N/A

$109,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.32%

Airbnb Rental Income: $null

Traditional Rental Income: $776

Airbnb ROI: N/A

Traditional ROI: 4.32%

14770 Katrine Dr

Deerwood, MN

2 beds | 1 baths | 630 sq.ft.

$275,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.25%

Airbnb Rental Income: $null

Traditional Rental Income: $1186

Airbnb ROI: N/A

Traditional ROI: 1.25%

17508 Ruttger Way

Deerwood, MN

4 beds | 4 baths | 3,312 sq.ft.

$899,900

Airbnb cash on cash: N/A

Traditional cash on cash: -0.87%

Airbnb Rental Income: $null

Traditional Rental Income: $1538

Airbnb ROI: N/A