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 53 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
1219 15th St SE Forest Lake, MN This 4 bedroom home has the space your looking for versatile living. Situated on a .45-acr...	4 beds \| 2 baths \| 3,004 sq.ft.	$450,000	Airbnb cash on cash: 4.29% Traditional cash on cash: 3.97% Airbnb Rental Income: $3528 Traditional Rental Income: $2614 Airbnb ROI: 4.29% Traditional ROI: 3.97%
21389 Iverson Ave N Forest Lake, MN Welcome to "The SS Iverson" a totally renovated waterfront home literally sitting on the w...	3 beds \| 3 baths \| 2,880 sq.ft.	$1,150,000	Airbnb cash on cash: 0.08% Traditional cash on cash: 0.71% Airbnb Rental Income: $2726 Traditional Rental Income: $2759 Airbnb ROI: 0.08% Traditional ROI: 0.71%
1505 14th St SE Forest Lake, MN Welcome to 1505 14th Street SE! This home is perfectly situated on Castlewood Golf Course ...	4 beds \| 2 baths \| 2,702 sq.ft.	$525,000	Airbnb cash on cash: 3.53% Traditional cash on cash: 2.78% Airbnb Rental Income: $3528 Traditional Rental Income: $2384 Airbnb ROI: 3.53% Traditional ROI: 2.78%
744 N Shore Dr Forest Lake, MN Comfortable and clean home in a wonderful area! Freshly remodeled main level, new roof 201...	2 beds \| 1 baths \| 925 sq.ft.	$260,000	Airbnb cash on cash: 2.32% Traditional cash on cash: 3.25% Airbnb Rental Income: $1475 Traditional Rental Income: $1269 Airbnb ROI: 2.32% Traditional ROI: 3.25%
23964 Itasca Ave Forest Lake, MN Executive Home sight with Panoramic views! This home has every bell and whistle imaginable...	4 beds \| 3 baths \| 3,735 sq.ft.	$1,175,000	Airbnb cash on cash: 0.81% Traditional cash on cash: 1.06% Airbnb Rental Income: $3528 Traditional Rental Income: $3023 Airbnb ROI: 0.81% Traditional ROI: 1.06%
8870 202nd St N Forest Lake, MN Custom built, spacious rambler over looking almost 10 beautiful private acres. One level ...	3 beds \| 2 baths \| 2,032 sq.ft.	$495,000	Airbnb cash on cash: 2.61% Traditional cash on cash: 3.16% Airbnb Rental Income: $2726 Traditional Rental Income: $2338 Airbnb ROI: 2.61% Traditional ROI: 3.16%
19799 Falk Ave N Forest Lake, MN Rare-to-find detached villa with an oversized 3-stall garage in one of Forest Lake's most ...	2 beds \| 2 baths \| 1,418 sq.ft.	$424,900	Airbnb cash on cash: -0.27% Traditional cash on cash: 2.96% Airbnb Rental Income: $1475 Traditional Rental Income: $2327 Airbnb ROI: -0.27% Traditional ROI: 2.96%
21018 Karoline Ct N Forest Lake, MN Welcome to an extraordinary custom-built two-story home in the prestigious Forest Hills Fa...	5 beds \| 3 baths \| 3,580 sq.ft.	$1,150,000	Airbnb cash on cash: 1.5% Traditional cash on cash: 1.25% Airbnb Rental Income: $4708 Traditional Rental Income: $3473 Airbnb ROI: 1.5% Traditional ROI: 1.25%
23030 Henna Ave N Forest Lake, MN New Photos coming soon! Welcome to this beautifully maintained home nestled in a peaceful ...	3 beds \| 2 baths \| 1,636 sq.ft.	$389,000	Airbnb cash on cash: 3.46% Traditional cash on cash: 4.12% Airbnb Rental Income: $2726 Traditional Rental Income: $2325 Airbnb ROI: 3.46% Traditional ROI: 4.12%
5050 210th St N Forest Lake, MN LAKE LIVING DREAM HOME JUST 30/35 MINUTES FROM DOWNTOWN MINNEAPOLIS OR ST PAUL - THIS WELL...	4 beds \| 4 baths \| 3,504 sq.ft.	$1,295,000	Airbnb cash on cash: 0.66% Traditional cash on cash: 1.71% Airbnb Rental Income: $3528 Traditional Rental Income: $4021 Airbnb ROI: 0.66% Traditional ROI: 1.71%
15225 Quinalt St NE Forest Lake, MN Check out this wonderfully-renovated home on nearly 2 acres!! BRAND NEW septic system, new...	3 beds \| 1 baths \| 1,180 sq.ft.	$399,900	Airbnb cash on cash: 3.56% Traditional cash on cash: 2.49% Airbnb Rental Income: $2726 Traditional Rental Income: $1681 Airbnb ROI: 3.56% Traditional ROI: 2.49%
319 Lake St S Forest Lake, MN Some of the best views for your friends and family over the 4th of July!!! Forest Lake put...	4 beds \| 3 baths \| 2,545 sq.ft.	$899,900	Airbnb cash on cash: 1.19% Traditional cash on cash: 1.96% Airbnb Rental Income: $3528 Traditional Rental Income: $3394 Airbnb ROI: 1.19% Traditional ROI: 1.96%
18444 Tulane St NE Forest Lake, MN One Owner Home with Great Bones. 2+ Acre Lot. 3 Bedrooms on the Main Level. With your u...	3 beds \| 2 baths \| 1,605 sq.ft.	$445,000	Airbnb cash on cash: 2.67% Traditional cash on cash: 1.99% Airbnb Rental Income: $2726 Traditional Rental Income: $1800 Airbnb ROI: 2.67% Traditional ROI: 1.99%
18046 Zodiac St NE Forest Lake, MN Welcome to 18046 Zodiac St NE, a stunning two-story home featuring one-level living on 4.8...	3 beds \| 2 baths \| 2,682 sq.ft.	$689,900	Airbnb cash on cash: 1.48% Traditional cash on cash: 2.69% Airbnb Rental Income: $2726 Traditional Rental Income: $2858 Airbnb ROI: 1.48% Traditional ROI: 2.69%
20025 Jeffrey Ave N Forest Lake, MN Ten acres of wooded privacy, a saltwater pool, and a 40x60 heated pole building - this For...	5 beds \| 3 baths \| 4,154 sq.ft.	$1,275,000	Airbnb cash on cash: 1.46% Traditional cash on cash: 1.63% Airbnb Rental Income: $4708 Traditional Rental Income: $3938 Airbnb ROI: 1.46% Traditional ROI: 1.63%
8580 215th St N Forest Lake, MN Incredibly Rare Lakefront Opportunity on Forest Lake! Enjoy 75 feet of prime lakeshore on ...	2 beds \| 2 baths \| 1,473 sq.ft.	$799,999	Airbnb cash on cash: -0.66% Traditional cash on cash: 1.32% Airbnb Rental Income: $1475 Traditional Rental Income: $2515 Airbnb ROI: -0.66% Traditional ROI: 1.32%
19813 English Ave N Forest Lake, MN	5 beds \| 3 baths \| 2,285 sq.ft.	$500,000	Airbnb cash on cash: 5.68% Traditional cash on cash: 3.73% Airbnb Rental Income: $4708 Traditional Rental Income: $2827 Airbnb ROI: 5.68% Traditional ROI: 3.73%
6617 N Shore Trl N Forest Lake, MN Bring your buyers, builders, handymen or investors for Lakefront Living at Its Finest! Loc...	3 beds \| 2 baths \| 1,931 sq.ft.	$850,000	Airbnb cash on cash: 0.44% Traditional cash on cash: 0.35% Airbnb Rental Income: $2726 Traditional Rental Income: $2015 Airbnb ROI: 0.44% Traditional ROI: 0.35%
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.	$850,000	Airbnb cash on cash: 0.4% Traditional cash on cash: 0.54% Airbnb Rental Income: $2726 Traditional Rental Income: $2196 Airbnb ROI: 0.4% Traditional ROI: 0.54%
20929 Grafton Ave N Forest Lake, MN Check out the updates! Pella Windows & Doors in 2021. Maintenance Free Deck in 2023. Kitch...	5 beds \| 4 baths \| 2,815 sq.ft.	$500,000	Airbnb cash on cash: 5.74% Traditional cash on cash: 4.89% Airbnb Rental Income: $4708 Traditional Rental Income: $3336 Airbnb ROI: 5.74% Traditional ROI: 4.89%
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.	$2,075,000	Airbnb cash on cash: -0.22% Traditional cash on cash: 1.03% Airbnb Rental Income: $4708 Traditional Rental Income: $6158 Airbnb ROI: -0.22% Traditional ROI: 1.03%
8630 215th St N Forest Lake, MN Perfectly perched and nestled upon the serene, exclusive shores of Forest Lake's 3rd lake,...	5 beds \| 3 baths \| 4,691 sq.ft.	$1,295,000	Airbnb cash on cash: 1.15% Traditional cash on cash: 1.74% Airbnb Rental Income: $4708 Traditional Rental Income: $4438 Airbnb ROI: 1.15% Traditional ROI: 1.74%
9340 North Shore Trl Forest Lake, MN Rare opportunity to own one of the most unique lakefront estates in the area! Set on an in...	4 beds \| 2 baths \| 3,215 sq.ft.	$499,900	Airbnb cash on cash: 3.78% Traditional cash on cash: 5.01% Airbnb Rental Income: $3528 Traditional Rental Income: $3323 Airbnb ROI: 3.78% Traditional ROI: 5.01%
18145 Tulane St NE Forest Lake, MN Set on 2.14 private acres in Columbus with a Forest Lake address, this updated 3 bedroom, ...	3 beds \| 2 baths \| 1,633 sq.ft.	$434,900	Airbnb cash on cash: 3.13% Traditional cash on cash: 3.36% Airbnb Rental Income: $2726 Traditional Rental Income: $2179 Airbnb ROI: 3.13% Traditional ROI: 3.36%
23245 Itasca Ave N Forest Lake, MN Welcome to Waters Edge Preserveâwhere over 5 acres, high-end craftsmanship, and protecte...	5 beds \| 3 baths \| 4,779 sq.ft.	$889,000	Airbnb cash on cash: 2.49% Traditional cash on cash: 2.74% Airbnb Rental Income: $4708 Traditional Rental Income: $3943 Airbnb ROI: 2.49% Traditional ROI: 2.74%
19847 Enfield Ave N Forest Lake, MN 19847 Enfield Ave N, Forest Lake, MN 55025 \| Single Family Residential	5 beds \| 3 baths \| 2,714 sq.ft.	$489,900	Airbnb cash on cash: 5.84% Traditional cash on cash: 4.08% Airbnb Rental Income: $4708 Traditional Rental Income: $2932 Airbnb ROI: 5.84% Traditional ROI: 4.08%
24122 Hilo Ct Forest Lake, MN 24122 Hilo Ct, Forest Lake, MN 55025 \| Single Family Residential	3 beds \| 2 baths \| 2,870 sq.ft.	$1,097,000	Airbnb cash on cash: -0.48% Traditional cash on cash: 0% Airbnb Rental Income: $2726 Traditional Rental Income: $2570 Airbnb ROI: -0.48% Traditional ROI: 0%
20674 Hamlet Ave N Forest Lake, MN Welcome home to this beautifully maintained two-story, built by Capstone Homes, in one of ...	3 beds \| 2 baths \| 2,444 sq.ft.	$524,900	Airbnb cash on cash: 2% Traditional cash on cash: 4.19% Airbnb Rental Income: $2726 Traditional Rental Income: $3157 Airbnb ROI: 2% Traditional ROI: 4.19%
9439 Jewel Lane Ct N Forest Lake, MN 9439 Jewel Lane Ct N, Forest Lake, MN 55025 \| Single Family Residential	5 beds \| 3 baths \| 2,942 sq.ft.	$569,900	Airbnb cash on cash: 4.73% Traditional cash on cash: 3.05% Airbnb Rental Income: $4708 Traditional Rental Income: $2839 Airbnb ROI: 4.73% Traditional ROI: 3.05%
8325 178th Ln NE Forest Lake, MN Beautifully maintained home nestled on 2 private acres featuring a picturesque pond with f...	4 beds \| 2 baths \| 2,176 sq.ft.	$649,900	Airbnb cash on cash: 2.69% Traditional cash on cash: 1.85% Airbnb Rental Income: $3528 Traditional Rental Income: $2237 Airbnb ROI: 2.69% Traditional ROI: 1.85%
19862 Enfield Ave N Forest Lake, MN 19862 Enfield Ave N, Forest Lake, MN 55025 \| Single Family Residential	5 beds \| 3 baths \| 2,579 sq.ft.	$489,900	Airbnb cash on cash: 5.84% Traditional cash on cash: 3.99% Airbnb Rental Income: $4708 Traditional Rental Income: $2887 Airbnb ROI: 5.84% Traditional ROI: 3.99%
7002 208th St N Forest Lake, MN Welcome to 7002 208th Street N in the sought-after Chestnut Creek neighborhood of Forest L...	5 beds \| 2 baths \| 2,273 sq.ft.	$525,000	Airbnb cash on cash: 5.39% Traditional cash on cash: 3.09% Airbnb Rental Income: $4708 Traditional Rental Income: $2609 Airbnb ROI: 5.39% Traditional ROI: 3.09%
643 W Broadway Ave Forest Lake, MN Older affordable home ready for turn key living, rent or flip. I have owned this property ...	3 beds \| 1 baths \| 1,410 sq.ft.	$219,900	Airbnb cash on cash: 7.43% Traditional cash on cash: 4.04% Airbnb Rental Income: $2726 Traditional Rental Income: $1377 Airbnb ROI: 7.43% Traditional ROI: 4.04%
23895 Granada Ave N Forest Lake, MN 23895 Granada Ave N, Forest Lake, MN 55025 \| Single Family Residential	3 beds \| 2 baths \| 1,768 sq.ft.	$374,500	Airbnb cash on cash: 3.55% Traditional cash on cash: 2.6% Airbnb Rental Income: $2726 Traditional Rental Income: $1750 Airbnb ROI: 3.55% Traditional ROI: 2.6%
8526 253rd St Forest Lake, MN 8526 253rd St, Forest Lake, MN 55025 \| Single Family Residential	5 beds \| 2 baths \| 2,064 sq.ft.	$419,900	Airbnb cash on cash: 7.14% Traditional cash on cash: 3.5% Airbnb Rental Income: $4708 Traditional Rental Income: $2301 Airbnb ROI: 7.14% Traditional ROI: 3.5%
17345 Kettle River Blvd NE Forest Lake, MN Unique geodesic dome home nestled on 5.4 private wooded acres just 1.5 miles from I-35W an...	4 beds \| 3 baths \| 2,946 sq.ft.	$524,900	Airbnb cash on cash: 3.41% Traditional cash on cash: 3.43% Airbnb Rental Income: $3528 Traditional Rental Income: $2760 Airbnb ROI: 3.41% Traditional ROI: 3.43%
17701 Notre Dame St NE Forest Lake, MN 17701 Notre Dame St NE, Forest Lake, MN 55025 \| Single Family Residential	3 beds \| 2 baths \| 1,335 sq.ft.	$619,900	Airbnb cash on cash: 1.33% Traditional cash on cash: 0.66% Airbnb Rental Income: $2726 Traditional Rental Income: $1697 Airbnb ROI: 1.33% Traditional ROI: 0.66%
8936 191st Ave NE Forest Lake, MN First time ever on the market! This incredible 20-acre property, comprised of two 10-acre ...	4 beds \| 1 baths \| 2,812 sq.ft.	$649,750	Airbnb cash on cash: 2.61% Traditional cash on cash: 0.74% Airbnb Rental Income: $3528 Traditional Rental Income: $1619 Airbnb ROI: 2.61% Traditional ROI: 0.74%
7769 N Shore Cir N Forest Lake, MN 7769 N Shore Cir N, Forest Lake, MN 55025 \| Single Family Residential	4 beds \| 3 baths \| 3,276 sq.ft.	$1,299,999	Airbnb cash on cash: 0.09% Traditional cash on cash: 0.16% Airbnb Rental Income: $3528 Traditional Rental Income: $2841 Airbnb ROI: 0.09% Traditional ROI: 0.16%
22352 Lilac Way Forest Lake, MN	3 beds \| 2 baths \| 1,779 sq.ft.	$424,000	Airbnb cash on cash: 1.68% Traditional cash on cash: 2.21% Airbnb Rental Income: $2726 Traditional Rental Income: $2292 Airbnb ROI: 1.68% Traditional ROI: 2.21%

Your search for investment property begins and ends here

Single Family Homes for Sale in Forest Lake, MN

1219 15th St SE

Forest Lake, MN

4 beds | 2 baths | 3,004 sq.ft.

$450,000

Airbnb cash on cash: 4.29%

Traditional cash on cash: 3.97%

Airbnb Rental Income: $3528

Traditional Rental Income: $2614

Airbnb ROI: 4.29%

Traditional ROI: 3.97%

21389 Iverson Ave N

Forest Lake, MN

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

$1,150,000

Airbnb cash on cash: 0.08%

Traditional cash on cash: 0.71%

Airbnb Rental Income: $2726

Traditional Rental Income: $2759

Airbnb ROI: 0.08%

Traditional ROI: 0.71%

1505 14th St SE

Forest Lake, MN

4 beds | 2 baths | 2,702 sq.ft.

$525,000

Airbnb cash on cash: 3.53%

Traditional cash on cash: 2.78%

Airbnb Rental Income: $3528

Traditional Rental Income: $2384

Airbnb ROI: 3.53%

Traditional ROI: 2.78%

744 N Shore Dr

Forest Lake, MN

2 beds | 1 baths | 925 sq.ft.

$260,000

Airbnb cash on cash: 2.32%

Traditional cash on cash: 3.25%

Airbnb Rental Income: $1475

Traditional Rental Income: $1269

Airbnb ROI: 2.32%

Traditional ROI: 3.25%

23964 Itasca Ave

Forest Lake, MN

4 beds | 3 baths | 3,735 sq.ft.

$1,175,000

Airbnb cash on cash: 0.81%

Traditional cash on cash: 1.06%

Airbnb Rental Income: $3528

Traditional Rental Income: $3023

Airbnb ROI: 0.81%

Traditional ROI: 1.06%

8870 202nd St N

Forest Lake, MN

3 beds | 2 baths | 2,032 sq.ft.

$495,000

Airbnb cash on cash: 2.61%

Traditional cash on cash: 3.16%

Airbnb Rental Income: $2726

Traditional Rental Income: $2338

Airbnb ROI: 2.61%

Traditional ROI: 3.16%

19799 Falk Ave N

Forest Lake, MN

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

$424,900

Airbnb cash on cash: -0.27%

Traditional cash on cash: 2.96%

Airbnb Rental Income: $1475

Traditional Rental Income: $2327

Airbnb ROI: -0.27%

Traditional ROI: 2.96%

21018 Karoline Ct N

Forest Lake, MN

5 beds | 3 baths | 3,580 sq.ft.

$1,150,000

Airbnb cash on cash: 1.5%

Traditional cash on cash: 1.25%

Airbnb Rental Income: $4708

Traditional Rental Income: $3473

Airbnb ROI: 1.5%