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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
7110 208th Pl N Forest Lake, MN Amazing new Chestnut Creek development! Awesome location close to schools, parks, lakes an...	4 beds \| 2 baths \| 2,462 sq.ft.	$569,000	Airbnb cash on cash: 3.52% Traditional cash on cash: 3.65% Airbnb Rental Income: $3243 Traditional Rental Income: $2581 Airbnb ROI: 3.52% Traditional ROI: 3.65%
21389 Iverson Ave N Forest Lake, MN Look out the windows from this home and you feel like you are on a boat! You can't build ...	3 beds \| 3 baths \| 2,880 sq.ft.	$1,150,000	Airbnb cash on cash: -0.09% Traditional cash on cash: 1.07% Airbnb Rental Income: $2042 Traditional Rental Income: $2759 Airbnb ROI: -0.09% Traditional ROI: 1.07%
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: -0.88% Traditional cash on cash: -0.46% Airbnb Rental Income: $3120 Traditional Rental Income: $3342 Airbnb ROI: -0.88% Traditional ROI: -0.46%
22016 Elston Ave Forest Lake, MN This spacious home, overlooking a pond & woods, has many great features! Main level vaulte...	5 beds \| 3 baths \| 2,694 sq.ft.	$449,900	Airbnb cash on cash: 3.82% Traditional cash on cash: 4.26% Airbnb Rental Income: $3120 Traditional Rental Income: $2593 Airbnb ROI: 3.82% Traditional ROI: 4.26%
21955 Finley Ct N Forest Lake, MN Welcome Home! This immaculate 4 bedroom and 2 bathroom home features large vaulted ceiling...	4 beds \| 2 baths \| 2,241 sq.ft.	$435,000	Airbnb cash on cash: 4.32% Traditional cash on cash: 4.35% Airbnb Rental Income: $3243 Traditional Rental Income: $2527 Airbnb ROI: 4.32% Traditional ROI: 4.35%
308 7th Avenue NW Forest Lake, MN	4 beds \| 2 baths \| 1,907 sq.ft.	$324,900	Airbnb cash on cash: 5.98% Traditional cash on cash: 5.75% Airbnb Rental Income: $3243 Traditional Rental Income: $2443 Airbnb ROI: 5.98% Traditional ROI: 5.75%
879 17th Street SE Forest Lake, MN Enjoy the best of Forest Lake living in this updated 3 bedroom, 2 bath split-entry home ju...	3 beds \| 2 baths \| 1,560 sq.ft.	$300,000	Airbnb cash on cash: 2.99% Traditional cash on cash: 3.34% Airbnb Rental Income: $2042 Traditional Rental Income: $1610 Airbnb ROI: 2.99% Traditional ROI: 3.34%
311 N Shore Dr Forest Lake, MN SOLD BEFORE PRINT. CUTE, CLEAN HOME WITH DEEDED LAKE ACCESS.	2 beds \| 1 baths \| 876 sq.ft.	$225,000	Airbnb cash on cash: -0.48% Traditional cash on cash: 3.47% Airbnb Rental Income: $655 Traditional Rental Income: $1199 Airbnb ROI: -0.48% Traditional ROI: 3.47%
22200 Joliet Ave N Forest Lake, MN 3BR 2BA with a huge back yard situated on top of hill with wide views and seasonal views o...	3 beds \| 2 baths \| 1,942 sq.ft.	$399,900	Airbnb cash on cash: 2.07% Traditional cash on cash: 4.48% Airbnb Rental Income: $2042 Traditional Rental Income: $2418 Airbnb ROI: 2.07% Traditional ROI: 4.48%
8112 N Shore Trl 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: 0.47% Traditional cash on cash: 1.96% Airbnb Rental Income: $2042 Traditional Rental Income: $2382 Airbnb ROI: 0.47% Traditional ROI: 1.96%
319 Lake St S Forest Lake, MN Over 80 feet of level, sandy beach frontage on First Lake and all the lake lifestyle that ...	4 beds \| 3 baths \| 2,545 sq.ft.	$929,900	Airbnb cash on cash: 0.85% Traditional cash on cash: 1.87% Airbnb Rental Income: $3243 Traditional Rental Income: $3394 Airbnb ROI: 0.85% Traditional ROI: 1.87%
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.	$425,000	Airbnb cash on cash: 1.54% Traditional cash on cash: 3.47% Airbnb Rental Income: $2042 Traditional Rental Income: $2285 Airbnb ROI: 1.54% Traditional ROI: 3.47%
20025 Jeffrey Ave N Forest Lake, MN Ten acres of wooded privacy, a saltwater pool, and a 40x60 heated pole building â this F...	5 beds \| 3 baths \| 4,154 sq.ft.	$1,275,000	Airbnb cash on cash: 0.34% Traditional cash on cash: 1.63% Airbnb Rental Income: $3120 Traditional Rental Income: $3938 Airbnb ROI: 0.34% Traditional ROI: 1.63%
8580 215th St N Forest Lake, MN Incredibly Rare Lakefront Opportunity on Forest Lake! Enjoy 75 feet of prime lakeshore ...	2 beds \| 2 baths \| 1,473 sq.ft.	$799,999	Airbnb cash on cash: -1.58% Traditional cash on cash: 1.32% Airbnb Rental Income: $655 Traditional Rental Income: $2515 Airbnb ROI: -1.58% Traditional ROI: 1.32%
8751 212th Street Ct N Forest Lake, MN This is a rare opportunity to own a walkout rambler on a spacious 2+ acre, beautifully woo...	3 beds \| 2 baths \| 1,983 sq.ft.	$415,000	Airbnb cash on cash: 1.7% Traditional cash on cash: 4.41% Airbnb Rental Income: $2042 Traditional Rental Income: $2568 Airbnb ROI: 1.7% Traditional ROI: 4.41%
308 8th Ave SE Forest Lake, MN 308 8th Ave SE, Forest Lake, MN 55025 \| Single Family Residential	3 beds \| 2 baths \| 1,494 sq.ft.	$250,000	Airbnb cash on cash: 3.91% Traditional cash on cash: 5.02% Airbnb Rental Income: $2042 Traditional Rental Income: $1776 Airbnb ROI: 3.91% Traditional ROI: 5.02%
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: -1.59% Traditional cash on cash: -1.65% Airbnb Rental Income: $2042 Traditional Rental Income: $1348 Airbnb ROI: -1.59% Traditional ROI: -1.65%
21760 Ideal Ave 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: 0.7% Traditional cash on cash: 0.79% Airbnb Rental Income: $3243 Traditional Rental Income: $2605 Airbnb ROI: 0.7% Traditional ROI: 0.79%
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.	$900,000	Airbnb cash on cash: -0.42% Traditional cash on cash: 0.18% Airbnb Rental Income: $2042 Traditional Rental Income: $2015 Airbnb ROI: -0.42% Traditional ROI: 0.18%
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: -0.33% Traditional cash on cash: 0.62% Airbnb Rental Income: $3120 Traditional Rental Income: $3649 Airbnb ROI: -0.33% Traditional ROI: 0.62%
22374 Elston Avenue Forest Lake, MN Welcome to this beautifully maintained home nestled in the heart of Forest Lake, offering ...	3 beds \| 3 baths \| 2,712 sq.ft.	$430,000	Airbnb cash on cash: 1.54% Traditional cash on cash: 4.93% Airbnb Rental Income: $2042 Traditional Rental Income: $2877 Airbnb ROI: 1.54% Traditional ROI: 4.93%
8839 N Shore Trl N Forest Lake, MN 8839 N Shore Trl N, Forest Lake, MN 55025 \| Single Family Residential	5 beds \| 3 baths \| 4,557 sq.ft.	$1,149,900	Airbnb cash on cash: 0.05% Traditional cash on cash: 0.45% Airbnb Rental Income: $3120 Traditional Rental Income: $2832 Airbnb ROI: 0.05% Traditional ROI: 0.45%
21162 N Keibler Ct N Forest Lake, MN Only downsizing to another Guidance Home makes this home available. Better than new and lo...	4 beds \| 3 baths \| 3,210 sq.ft.	$799,900	Airbnb cash on cash: 0.93% Traditional cash on cash: 1.75% Airbnb Rental Income: $3243 Traditional Rental Income: $3126 Airbnb ROI: 0.93% Traditional ROI: 1.75%
21744 Ideal Avenue N Forest Lake, MN Experience lakeside living at its finest on the highly sought-after shores of Forest Lake....	3 beds \| 2 baths \| 2,244 sq.ft.	$899,900	Airbnb cash on cash: -0.18% Traditional cash on cash: 1.11% Airbnb Rental Income: $2042 Traditional Rental Income: $2591 Airbnb ROI: -0.18% Traditional ROI: 1.11%
18335 Imperial Ave N Forest Lake, MN 18335 Imperial Ave N, Forest Lake, MN 55025 \| Single Family Residential	3 beds \| 2 baths \| 2,680 sq.ft.	$950,000	Airbnb cash on cash: -0.51% Traditional cash on cash: 0.26% Airbnb Rental Income: $2042 Traditional Rental Income: $2196 Airbnb ROI: -0.51% Traditional ROI: 0.26%
21306 Heath Ave N Forest Lake, MN Welcome to this wonderful home at 21306 Heath Avenue N in Forest Lake, perfectly situated ...	4 beds \| 2 baths \| 1,755 sq.ft.	$355,000	Airbnb cash on cash: 5.39% Traditional cash on cash: 4.88% Airbnb Rental Income: $3243 Traditional Rental Income: $2345 Airbnb ROI: 5.39% Traditional ROI: 4.88%
1132 Bay Drive SE Forest Lake, MN Exceptional floor plan! Great room with vaulted ceilings and large windows, open to kitche...	3 beds \| 2 baths \| 2,044 sq.ft.	$695,000	Airbnb cash on cash: 0.1% Traditional cash on cash: 1.66% Airbnb Rental Income: $2042 Traditional Rental Income: $2522 Airbnb ROI: 0.1% Traditional ROI: 1.66%
1220 81st St W Forest Lake, MN	3 beds \| 2 baths \| 2,208 sq.ft.	$419,000	Airbnb cash on cash: 1.6% Traditional cash on cash: 4.18% Airbnb Rental Income: $2042 Traditional Rental Income: $2524 Airbnb ROI: 1.6% Traditional ROI: 4.18%
20929 Grafton Ave N Forest Lake, MN This beautiful corner-lot home in the Bridle Pass Neighborhood, originally a model residen...	5 beds \| 4 baths \| 2,815 sq.ft.	$524,900	Airbnb cash on cash: 2.73% Traditional cash on cash: 4.61% Airbnb Rental Income: $3120 Traditional Rental Income: $3336 Airbnb ROI: 2.73% Traditional ROI: 4.61%
4670 199th St N Forest Lake, MN 4670 199th St N, Forest Lake, MN 55025 \| Single Family Residential	5 beds \| 3 baths \| 2,285 sq.ft.	$434,900	Airbnb cash on cash: 3.58% Traditional cash on cash: 4.52% Airbnb Rental Income: $3120 Traditional Rental Income: $2794 Airbnb ROI: 3.58% Traditional ROI: 4.52%
6851 N Shore Trl N Forest Lake, MN 6851 N Shore Trl N, Forest Lake, MN 55025 \| Single Family Residential	6 beds \| 6 baths \| 7,382 sq.ft.	$2,250,000	Airbnb cash on cash: -1% Traditional cash on cash: 0.79% Airbnb Rental Income: $3120 Traditional Rental Income: $6158 Airbnb ROI: -1% Traditional ROI: 0.79%
210XX Karoline Ct N Forest Lake, MN 210XX Karoline Ct N, Forest Lake, MN 55025 \| Single Family Residential	4 beds \| 3 baths \| 3,114 sq.ft.	$922,750	Airbnb cash on cash: 0.61% Traditional cash on cash: 1.16% Airbnb Rental Income: $3243 Traditional Rental Income: $2987 Airbnb ROI: 0.61% Traditional ROI: 1.16%
18340 Forest Rd N Forest Lake, MN 18340 Forest Rd N, Forest Lake, MN 55025 \| Single Family Residential	6 beds \| 4 baths \| 4,549 sq.ft.	$1,599,900	Airbnb cash on cash: -0.55% Traditional cash on cash: 0.3% Airbnb Rental Income: $3120 Traditional Rental Income: $3673 Airbnb ROI: -0.55% Traditional ROI: 0.3%
22145 Jason Avenue N Forest Lake, MN Rustic Charm meets Channel Living that leads to the love of LAKE LIFE, all from your backd...	4 beds \| 3 baths \| 2,463 sq.ft.	$599,900	Airbnb cash on cash: 2.32% Traditional cash on cash: 3.65% Airbnb Rental Income: $3243 Traditional Rental Income: $3261 Airbnb ROI: 2.32% Traditional ROI: 3.65%

Your search for investment property begins and ends here

Single Family Homes for Sale in Forest Lake, MN

7110 208th Pl N

Forest Lake, MN

4 beds | 2 baths | 2,462 sq.ft.

$569,000

Airbnb cash on cash: 3.52%

Traditional cash on cash: 3.65%

Airbnb Rental Income: $3243

Traditional Rental Income: $2581

Airbnb ROI: 3.52%

Traditional ROI: 3.65%

21389 Iverson Ave N

Forest Lake, MN

3 beds | 3 baths | 2,880 sq.ft.

$1,150,000

Airbnb cash on cash: -0.09%

Traditional cash on cash: 1.07%

Airbnb Rental Income: $2042

Traditional Rental Income: $2759

Airbnb ROI: -0.09%

Traditional ROI: 1.07%

22620 Hayward Ave N

Forest Lake, MN

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

$2,395,000

Airbnb cash on cash: -0.88%

Traditional cash on cash: -0.46%

Airbnb Rental Income: $3120

Traditional Rental Income: $3342

Airbnb ROI: -0.88%

Traditional ROI: -0.46%

22016 Elston Ave

Forest Lake, MN

5 beds | 3 baths | 2,694 sq.ft.

$449,900

Airbnb cash on cash: 3.82%

Traditional cash on cash: 4.26%

Airbnb Rental Income: $3120

Traditional Rental Income: $2593

Airbnb ROI: 3.82%

Traditional ROI: 4.26%

21955 Finley Ct N

Forest Lake, MN

4 beds | 2 baths | 2,241 sq.ft.

$435,000

Airbnb cash on cash: 4.32%

Traditional cash on cash: 4.35%

Airbnb Rental Income: $3243

Traditional Rental Income: $2527

Airbnb ROI: 4.32%

Traditional ROI: 4.35%

308 7th Avenue NW

Forest Lake, MN

4 beds | 2 baths | 1,907 sq.ft.

$324,900

Airbnb cash on cash: 5.98%

Traditional cash on cash: 5.75%

Airbnb Rental Income: $3243

Traditional Rental Income: $2443

Airbnb ROI: 5.98%

Traditional ROI: 5.75%

879 17th Street SE

Forest Lake, MN

3 beds | 2 baths | 1,560 sq.ft.

$300,000

Airbnb cash on cash: 2.99%

Traditional cash on cash: 3.34%

Airbnb Rental Income: $2042

Traditional Rental Income: $1610

Airbnb ROI: 2.99%

Traditional ROI: 3.34%

311 N Shore Dr

Forest Lake, MN

2 beds | 1 baths | 876 sq.ft.

$225,000

Airbnb cash on cash: -0.48%

Traditional cash on cash: 3.47%

Airbnb Rental Income: $655

Traditional Rental Income: $1199

Airbnb ROI: -0.48%