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.

Single Family Homes for Sale in Forest Lake, MN

Search for Single Family Residential for Sale in Forest Lake, Minnesota. Browse all of Mashvisor’s Single Family Residential listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 77 Single Family Residential listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
20885 Hardwood Road N Forest Lake, MN Welcome to this beautifully designed home featuring an open floor plan with 4 bedrooms and...	4 beds \| 3 baths \| 2,840 sq.ft.	$475,000	Airbnb cash on cash: 0.45% Traditional cash on cash: 4.89% Airbnb Rental Income: $1705 Traditional Rental Income: $3202 Airbnb ROI: 0.45% Traditional ROI: 4.89%
22620 Hayward Ave N Forest Lake, MN Absolutely stunning waterfront estate! West facing Forest lake 1st lake sandy lakeshore lo...	6 beds \| 4 baths \| 7,482 sq.ft.	$2,395,000	Airbnb cash on cash: -1.34% Traditional cash on cash: -0.46% Airbnb Rental Income: $1894 Traditional Rental Income: $3342 Airbnb ROI: -1.34% Traditional ROI: -0.46%
808 3rd Avenue SW Forest Lake, MN Welcome home to peaceful Forest Lake! If youâre looking for a large, fully fenced lot, m...	3 beds \| 2 baths \| 1,935 sq.ft.	$369,900	Airbnb cash on cash: 1.08% Traditional cash on cash: 4.91% Airbnb Rental Income: $1591 Traditional Rental Income: $2468 Airbnb ROI: 1.08% Traditional ROI: 4.91%
620 2nd Street SE Forest Lake, MN Located just blocks from Lakeside Park, this beautiful home features all living facilities...	3 beds \| 2 baths \| 1,424 sq.ft.	$295,000	Airbnb cash on cash: 1.81% Traditional cash on cash: 5.31% Airbnb Rental Income: $1591 Traditional Rental Income: $2111 Airbnb ROI: 1.81% Traditional ROI: 5.31%
326 S Shore Drive Forest Lake, MN Welcome Home! 3 bed 2 bath 2 car garage in the heart of town with Forest Lake views. Ent...	3 beds \| 2 baths \| 1,627 sq.ft.	$350,000	Airbnb cash on cash: 1.22% Traditional cash on cash: 4.66% Airbnb Rental Income: $1591 Traditional Rental Income: $2268 Airbnb ROI: 1.22% Traditional ROI: 4.66%
1768 Beach Drive SE Forest Lake, MN Lovely two-story home on a beautiful north facing lot with fence in backyard, lake views, ...	4 beds \| 2 baths \| 2,000 sq.ft.	$385,500	Airbnb cash on cash: 1.32% Traditional cash on cash: 4.76% Airbnb Rental Income: $1705 Traditional Rental Income: $2475 Airbnb ROI: 1.32% Traditional ROI: 4.76%
7810 Scandia Trail N Forest Lake, MN The retaining wall will be completed prior to close Welcome to 7810 Scandia Trail North i...	5 beds \| 2 baths \| 2,208 sq.ft.	$450,000	Airbnb cash on cash: 1.3% Traditional cash on cash: 3.74% Airbnb Rental Income: $1894 Traditional Rental Income: $2420 Airbnb ROI: 1.3% Traditional ROI: 3.74%
9950 204th Street Court N Forest Lake, MN Exceptional Lakefront Retreat on Private Lake Keewahtin â Your Dream Awaits! Get ready t...	4 beds \| 4 baths \| 3,529 sq.ft.	$699,900	Airbnb cash on cash: -0.23% Traditional cash on cash: 4.32% Airbnb Rental Income: $1705 Traditional Rental Income: $4202 Airbnb ROI: -0.23% Traditional ROI: 4.32%
7235 208th St N Forest Lake, MN Discover your perfect home in this stunning Jamestown Two Story! Boasting 4 spacious bedro...	4 beds \| 2 baths \| 2,569 sq.ft.	$600,000	Airbnb cash on cash: 0.75% Traditional cash on cash: 4.12% Airbnb Rental Income: $1705 Traditional Rental Income: $3118 Airbnb ROI: 0.75% Traditional ROI: 4.12%
19799 Falk Ave N Forest Lake, MN Custom Built Slab-On-Grade Villa by Guidance Homes, Inc. in this new association maintaine...	2 beds \| 2 baths \| 1,418 sq.ft.	$475,000	Airbnb cash on cash: -1.4% Traditional cash on cash: 3.38% Airbnb Rental Income: $468 Traditional Rental Income: $2327 Airbnb ROI: -1.4% Traditional ROI: 3.38%
5824 N 213th Street N Forest Lake, MN Prime Opportunity in a Fantastic Location â Make This Home Yours Today! Wow â talk abo...	3 beds \| 2 baths \| 2,140 sq.ft.	$399,900	Airbnb cash on cash: 0.98% Traditional cash on cash: 4.62% Airbnb Rental Income: $1591 Traditional Rental Income: $2501 Airbnb ROI: 0.98% Traditional ROI: 4.62%
21440 Inwood Avenue N Forest Lake, MN Lovely split entry home with large master and hardwood floors on a private wooded lot. Gre...	3 beds \| 2 baths \| 1,944 sq.ft.	$369,999	Airbnb cash on cash: 1.02% Traditional cash on cash: 4.75% Airbnb Rental Income: $1591 Traditional Rental Income: $2433 Airbnb ROI: 1.02% Traditional ROI: 4.75%
20491 Goodvine Trail N Forest Lake, MN This well-maintained detached townhome offers space, style, and a great location in Forest...	5 beds \| 3 baths \| 2,643 sq.ft.	$449,900	Airbnb cash on cash: 0.93% Traditional cash on cash: 4.72% Airbnb Rental Income: $1894 Traditional Rental Income: $2988 Airbnb ROI: 0.93% Traditional ROI: 4.72%
8112 N Shore Trail N Forest Lake, MN Don't miss your chance to own a beautiful home on Forest Lake! This charming, sunny, south...	3 beds \| 2 baths \| 1,613 sq.ft.	$625,000	Airbnb cash on cash: -0.18% Traditional cash on cash: 1.96% Airbnb Rental Income: $1591 Traditional Rental Income: $2382 Airbnb ROI: -0.18% Traditional ROI: 1.96%
7930 230th Street Lane N Forest Lake, MN VERY NICE AND SPACIOUS HOME ON A .96 AC PRIVATE LOT THAT ENCOMPASSES NATURE! Main floor in...	3 beds \| 2 baths \| 2,124 sq.ft.	$439,900	Airbnb cash on cash: 0.54% Traditional cash on cash: 3.33% Airbnb Rental Income: $1591 Traditional Rental Income: $2285 Airbnb ROI: 0.54% Traditional ROI: 3.33%
10011 211th Street N Forest Lake, MN Guidance Homes, Inc. is proud to welcome you to Forest Hills Preserve, an absolutely gorge...	2 beds \| 2 baths \| 1,714 sq.ft.	$749,900	Airbnb cash on cash: -1.47% Traditional cash on cash: 1.91% Airbnb Rental Income: $468 Traditional Rental Income: $2563 Airbnb ROI: -1.47% Traditional ROI: 1.91%
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.	$1,150,000	Airbnb cash on cash: -0.27% Traditional cash on cash: 1.43% Airbnb Rental Income: $1705 Traditional Rental Income: $3056 Airbnb ROI: -0.27% Traditional ROI: 1.43%
9480 206th Street N Forest Lake, MN Acreage, location and endless opportunities!! Nestled in a serene, wooded setting, this 2...	3 beds \| 3 baths \| 2,325 sq.ft.	$524,000	Airbnb cash on cash: 0.19% Traditional cash on cash: 3.92% Airbnb Rental Income: $1591 Traditional Rental Income: $2963 Airbnb ROI: 0.19% Traditional ROI: 3.92%
20025 Jeffrey Avenue N Forest Lake, MN Ten acres of wooded privacy, a saltwater pool, and a 40x60 heated pole building â this F...	5 beds \| 4 baths \| 4,154 sq.ft.	$1,275,000	Airbnb cash on cash: -0.52% Traditional cash on cash: 1.63% Airbnb Rental Income: $1894 Traditional Rental Income: $3938 Airbnb ROI: -0.52% Traditional ROI: 1.63%
8580 215th Street N Forest Lake, MN Incredibly Rare Lakefront Opportunity on Forest Lake! Enjoy 75 feet of prime lakeshore ...	2 beds \| 3 baths \| 1,473 sq.ft.	$850,000	Airbnb cash on cash: -1.74% Traditional cash on cash: 1.18% Airbnb Rental Income: $468 Traditional Rental Income: $2515 Airbnb ROI: -1.74% Traditional ROI: 1.18%
20924 Hardwood Road N Forest Lake, MN Welcome to this beautifully updated 5-bedroom, 3-bathroom home nestled on a quiet, tree-li...	5 beds \| 3 baths \| 2,887 sq.ft.	$490,000	Airbnb cash on cash: 0.84% Traditional cash on cash: 4.88% Airbnb Rental Income: $1894 Traditional Rental Income: $3244 Airbnb ROI: 0.84% Traditional ROI: 4.88%
8751 212th Street Court N Forest Lake, MN This is a rare opportunity to own a walkout rambler situated on a spacious 2+ acre wooded ...	4 beds \| 2 baths \| 1,983 sq.ft.	$440,000	Airbnb cash on cash: 0.87% Traditional cash on cash: 4.11% Airbnb Rental Income: $1705 Traditional Rental Income: $2568 Airbnb ROI: 0.87% Traditional ROI: 4.11%
10036 211th Street N Forest Lake, MN Guidance Homes, Inc. is proud to welcome you to 'Forest Hills Preserve', a gorgeous 55+ as...	3 beds \| 2 baths \| 2,221 sq.ft.	$859,900	Airbnb cash on cash: -0.24% Traditional cash on cash: 1.86% Airbnb Rental Income: $1591 Traditional Rental Income: $2816 Airbnb ROI: -0.24% Traditional ROI: 1.86%
1189 11th Street SE Forest Lake, MN The Bay is calling! Come enjoy over 250 feet of Lakeshore on Forest Lake! Experience lakes...	5 beds \| 3 baths \| 2,644 sq.ft.	$675,000	Airbnb cash on cash: -0.28% Traditional cash on cash: 2.42% Airbnb Rental Income: $1894 Traditional Rental Income: $3088 Airbnb ROI: -0.28% Traditional ROI: 2.42%
21094 Keibler Court N Forest Lake, MN Exciting opportunity with Guidance Homes, Inc to live in the Forest Hills Preserve Develop...	3 beds \| 3 baths \| 3,004 sq.ft.	$989,900	Airbnb cash on cash: -0.34% Traditional cash on cash: 1.83% Airbnb Rental Income: $1591 Traditional Rental Income: $3138 Airbnb ROI: -0.34% Traditional ROI: 1.83%
8186 Ideal Court Forest Lake, MN Bring the family and enjoy this recently updated walk-out rambler situated in a peaceful a...	5 beds \| 3 baths \| 4,825 sq.ft.	$874,900	Airbnb cash on cash: -0.59% Traditional cash on cash: 1.72% Airbnb Rental Income: $1894 Traditional Rental Income: $3267 Airbnb ROI: -0.59% Traditional ROI: 1.72%
21213 N Morgan Dr Forest Lake, MN 21213 N Morgan Dr, Forest Lake, MN 55025 \| Townhouse	3 beds \| 2 baths \| 1,486 sq.ft.	$274,900	Airbnb cash on cash: 0.41% Traditional cash on cash: 3.34% Airbnb Rental Income: $1591 Traditional Rental Income: $1896 Airbnb ROI: 0.41% Traditional ROI: 3.34%
6219 205th St N Forest Lake, MN 6219 205th St N, Forest Lake, MN 55025 \| Townhouse	3 beds \| 2 baths \| 1,780 sq.ft.	$394,680	Airbnb cash on cash: -0.14% Traditional cash on cash: 2.28% Airbnb Rental Income: $1591 Traditional Rental Income: $2032 Airbnb ROI: -0.14% Traditional ROI: 2.28%
8220 Lake Dr NE Forest Lake, MN 8220 Lake Dr NE, Forest Lake, MN 55025 \| Single Family Residential	3 beds \| 1 baths \| 1,600 sq.ft.	$2,900,000	Airbnb cash on cash: -1.73% Traditional cash on cash: -1.65% Airbnb Rental Income: $1591 Traditional Rental Income: $1348 Airbnb ROI: -1.73% Traditional ROI: -1.65%
21760 Ideal Avenue N Forest Lake, MN Modern Craftsman design meets relaxed lake-cottage living in this thoughtfully designed 4-...	4 beds \| 2 baths \| 2,468 sq.ft.	$1,075,000	Airbnb cash on cash: -0.58% Traditional cash on cash: 0.79% Airbnb Rental Income: $1705 Traditional Rental Income: $2605 Airbnb ROI: -0.58% Traditional ROI: 0.79%
1354 16th Avenue SE Forest Lake, MN Fall in love with this original owner home in the highly sought after Bayview Estates neig...	4 beds \| 4 baths \| 2,640 sq.ft.	$499,000	Airbnb cash on cash: 0.5% Traditional cash on cash: 4.94% Airbnb Rental Income: $1705 Traditional Rental Income: $3307 Airbnb ROI: 0.5% Traditional ROI: 4.94%
6226 205th St N Forest Lake, MN 6226 205th St N, Forest Lake, MN 55025 \| Townhouse	3 beds \| 2 baths \| 1,772 sq.ft.	$339,145	Airbnb cash on cash: 0.17% Traditional cash on cash: 3.76% Airbnb Rental Income: $1591 Traditional Rental Income: $2280 Airbnb ROI: 0.17% Traditional ROI: 3.76%
219 2nd Avenue SW Forest Lake, MN Fully Updated One-Story Home in Forest Lake Welcome to this beautifully refreshed 1-story ...	2 beds \| 1 baths \| 1,008 sq.ft.	$219,990	Airbnb cash on cash: -1.4% Traditional cash on cash: 4.74% Airbnb Rental Income: $468 Traditional Rental Income: $1482 Airbnb ROI: -1.4% Traditional ROI: 4.74%
6617 N Shore Trl N Forest Lake, MN 6617 N Shore Trl N, Forest Lake, MN 55025 \| Single Family Residential	3 beds \| 2 baths \| 1,931 sq.ft.	$925,000	Airbnb cash on cash: -0.9% Traditional cash on cash: 0.12% Airbnb Rental Income: $1591 Traditional Rental Income: $2015 Airbnb ROI: -0.9% Traditional ROI: 0.12%
21009 Karoline Ct N Forest Lake, MN 21009 Karoline Ct N, Forest Lake, MN 55025 \| Single Family Residential	5 beds \| 4 baths \| 4,600 sq.ft.	$1,400,000	Airbnb cash on cash: -1.12% Traditional cash on cash: 0.62% Airbnb Rental Income: $1894 Traditional Rental Income: $3649 Airbnb ROI: -1.12% Traditional ROI: 0.62%

Your search for investment property begins and ends here

Single Family Homes for Sale in Forest Lake, MN

20885 Hardwood Road N

Forest Lake, MN

4 beds | 3 baths | 2,840 sq.ft.

$475,000

Airbnb cash on cash: 0.45%

Traditional cash on cash: 4.89%

Airbnb Rental Income: $1705

Traditional Rental Income: $3202

Airbnb ROI: 0.45%

Traditional ROI: 4.89%

22620 Hayward Ave N

Forest Lake, MN

6 beds | 4 baths | 7,482 sq.ft.

$2,395,000

Airbnb cash on cash: -1.34%

Traditional cash on cash: -0.46%

Airbnb Rental Income: $1894

Traditional Rental Income: $3342

Airbnb ROI: -1.34%

Traditional ROI: -0.46%

808 3rd Avenue SW

Forest Lake, MN

3 beds | 2 baths | 1,935 sq.ft.

$369,900

Airbnb cash on cash: 1.08%

Traditional cash on cash: 4.91%

Airbnb Rental Income: $1591

Traditional Rental Income: $2468

Airbnb ROI: 1.08%

Traditional ROI: 4.91%

620 2nd Street SE

Forest Lake, MN

3 beds | 2 baths | 1,424 sq.ft.

$295,000

Airbnb cash on cash: 1.81%

Traditional cash on cash: 5.31%

Airbnb Rental Income: $1591

Traditional Rental Income: $2111

Airbnb ROI: 1.81%

Traditional ROI: 5.31%

326 S Shore Drive

Forest Lake, MN

3 beds | 2 baths | 1,627 sq.ft.

$350,000

Airbnb cash on cash: 1.22%

Traditional cash on cash: 4.66%

Airbnb Rental Income: $1591

Traditional Rental Income: $2268

Airbnb ROI: 1.22%

Traditional ROI: 4.66%

1768 Beach Drive SE

Forest Lake, MN

4 beds | 2 baths | 2,000 sq.ft.

$385,500

Airbnb cash on cash: 1.32%

Traditional cash on cash: 4.76%

Airbnb Rental Income: $1705

Traditional Rental Income: $2475

Airbnb ROI: 1.32%

Traditional ROI: 4.76%

7810 Scandia Trail N

Forest Lake, MN

5 beds | 2 baths | 2,208 sq.ft.

$450,000

Airbnb cash on cash: 1.3%

Traditional cash on cash: 3.74%

Airbnb Rental Income: $1894

Traditional Rental Income: $2420

Airbnb ROI: 1.3%

Traditional ROI: 3.74%

9950 204th Street Court N

Forest Lake, MN

4 beds | 4 baths | 3,529 sq.ft.

$699,900

Airbnb cash on cash: -0.23%

Traditional cash on cash: 4.32%

Airbnb Rental Income: $1705

Traditional Rental Income: $4202

Airbnb ROI: -0.23%