Real Estate Investments for Sale in Forest Lake, MN With High ROI

Are you looking for a vacation rental in Forest Lake, MN? Look no further! We have a wide variety of vacation available for sale, including beachfront condos, mountain single-family homes, townhouses, vacation homes and everything in between.

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.

Investment Property for Sale in Forest Lake, MN

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
6416 N Shore Trail Forest Lake, MN Time to purchase your very own turn key private oasis in Forest Lake. Rest assured this 4...	4 beds \| 2 baths \| 2,184 sq.ft.	$379,750	Airbnb cash on cash: 8.55% Traditional cash on cash: 4.88% Airbnb Rental Income: $4618 Traditional Rental Income: $2353 Airbnb ROI: 8.55% Traditional ROI: 4.88%
20805 Granada Avenue N Forest Lake, MN Welcome to your serene retreat nestled in the heart of Forest Lake! This charming 4-bedroo...	4 beds \| 3 baths \| 2,290 sq.ft.	$410,000	Airbnb cash on cash: 7.56% Traditional cash on cash: 4.82% Airbnb Rental Income: $4618 Traditional Rental Income: $2607 Airbnb ROI: 7.56% Traditional ROI: 4.82%
20661 Fenston Avenue N Forest Lake, MN Come take a Look at this South Facing Well Maintained 2 Bedroom 2 Bathroom Townhome with a...	2 beds \| 2 baths \| 1,365 sq.ft.	$245,000	Airbnb cash on cash: 1.62% Traditional cash on cash: 6.1% Airbnb Rental Income: $1615 Traditional Rental Income: $2194 Airbnb ROI: 1.62% Traditional ROI: 6.1%
5067 207th Street N Forest Lake, MN Welcome home to this stunning and meticulously cared for 2-bed,2-bath end unit townhome ne...	2 beds \| 2 baths \| 1,440 sq.ft.	$279,900	Airbnb cash on cash: 1.25% Traditional cash on cash: 5.25% Airbnb Rental Income: $1615 Traditional Rental Income: $2212 Airbnb ROI: 1.25% Traditional ROI: 5.25%
20641 Hamlet Avenue N Forest Lake, MN Our popular Cape Cod plan features a main floor office/den, FR w/ cozy stone front gas fir...	5 beds \| 5 baths \| 4,026 sq.ft.	$666,083	Airbnb cash on cash: 9.15% Traditional cash on cash: 6.03% Airbnb Rental Income: $8111 Traditional Rental Income: $4631 Airbnb ROI: 9.15% Traditional ROI: 6.03%
8112 N Shore Trail N Forest Lake, MN Stunning interior with 94 feet of Forest Lake Lakeshore on almost an acre of land. Fresh s...	3 beds \| 2 baths \| 1,613 sq.ft.	$599,999	Airbnb cash on cash: 5.04% Traditional cash on cash: 2.06% Airbnb Rental Income: $5146 Traditional Rental Income: $2431 Airbnb ROI: 5.04% Traditional ROI: 2.06%
10063 211th Street N Forest Lake, MN Guidance Homes, Inc. is proud to welcome you to 'Forest Hills Preserve', an absolutely gor...	2 beds \| 2 baths \| 2,221 sq.ft.	$799,900	Airbnb cash on cash: -0.95% Traditional cash on cash: 1.17% Airbnb Rental Income: $1615 Traditional Rental Income: $2737 Airbnb ROI: -0.95% Traditional ROI: 1.17%
21095 Floral Bay Drive N Forest Lake, MN Great opportunity to add your own touches to this solid home located in Ashbach Point. Th...	4 beds \| 3 baths \| 2,661 sq.ft.	$439,900	Airbnb cash on cash: 6.49% Traditional cash on cash: 4.45% Airbnb Rental Income: $4618 Traditional Rental Income: $2815 Airbnb ROI: 6.49% Traditional ROI: 4.45%
2xxxx Ingersoll Avenue Forest Lake, MN To be built home on 10 acres of some of the most beautiful rolling land in Washington Coun...	4 beds \| 3 baths \| 3,591 sq.ft.	$1,240,000	Airbnb cash on cash: 0.98% Traditional cash on cash: 0.25% Airbnb Rental Income: $4618 Traditional Rental Income: $2819 Airbnb ROI: 0.98% Traditional ROI: 0.25%
19775 Falk Court N Forest Lake, MN This custom-built slab-on-grade villa is presold by Guidance Homes, Inc. located in a new ...	3 beds \| 2 baths \| 1,782 sq.ft.	$561,800	Airbnb cash on cash: 5.22% Traditional cash on cash: 2.04% Airbnb Rental Income: $5146 Traditional Rental Income: $2430 Airbnb ROI: 5.22% Traditional ROI: 2.04%
20060 Fitzgerald Trail N Forest Lake, MN Main level living at its finest! This Brand New Slab on Grade townhome offers a huge open ...	2 beds \| 2 baths \| 1,729 sq.ft.	$469,900	Airbnb cash on cash: -0.44% Traditional cash on cash: 2.73% Airbnb Rental Income: $1615 Traditional Rental Income: $2550 Airbnb ROI: -0.44% Traditional ROI: 2.73%
19793 Falk Court N Forest Lake, MN Custom-built slab-on-grade villa by Guidance Homes, Inc. located in a new association-main...	2 beds \| 2 baths \| 1,418 sq.ft.	$498,900	Airbnb cash on cash: -0.17% Traditional cash on cash: 2.56% Airbnb Rental Income: $1615 Traditional Rental Income: $2433 Airbnb ROI: -0.17% Traditional ROI: 2.56%
23345 Itasca Avenue N Forest Lake, MN Rare opportunity with this custom built modified two story on nearly 6 acres in the covete...	4 beds \| 4 baths \| 5,124 sq.ft.	$749,750	Airbnb cash on cash: 3.3% Traditional cash on cash: 2.72% Airbnb Rental Income: $4618 Traditional Rental Income: $3256 Airbnb ROI: 3.3% Traditional ROI: 2.72%
1024 18th Avenue SE Forest Lake, MN Do Not Let Days on Market Sway You-This Unit is AWESOME & AFFORDABLE!!! Single Level Livin...	2 beds \| 2 baths \| 1,282 sq.ft.	$302,900	Airbnb cash on cash: 1.14% Traditional cash on cash: 4.41% Airbnb Rental Income: $1615 Traditional Rental Income: $2089 Airbnb ROI: 1.14% Traditional ROI: 4.41%
7460 North Shore Forest Lake, MN Updated home right on Forest Lake with 110 feet of lake shoreline! Beautiful lake views! Y...	4 beds \| 2 baths \| 2,240 sq.ft.	$768,000	Airbnb cash on cash: 3.3% Traditional cash on cash: 1.36% Airbnb Rental Income: $4618 Traditional Rental Income: $2274 Airbnb ROI: 3.3% Traditional ROI: 1.36%
20162 Farnham Lane N Forest Lake, MN Welcome to this beautiful Main Level Living 2 bed, 2 bath twin home in Forest Lake. The ma...	2 beds \| 2 baths \| 1,662 sq.ft.	$324,900	Airbnb cash on cash: 0.21% Traditional cash on cash: 4.01% Airbnb Rental Income: $1615 Traditional Rental Income: $2319 Airbnb ROI: 0.21% Traditional ROI: 4.01%
20070 Fitzgerald Trail N Forest Lake, MN This unit is UNDER CONSTRUCTION! Main level living at its finest! This beautiful townhome ...	2 beds \| 2 baths \| 1,729 sq.ft.	$469,900	Airbnb cash on cash: -0.44% Traditional cash on cash: 2.73% Airbnb Rental Income: $1615 Traditional Rental Income: $2550 Airbnb ROI: -0.44% Traditional ROI: 2.73%
20068 Fitzgerald Trail N Forest Lake, MN This unit is UNDER CONSTRUCTION. Main level living at its finest! This Brand New Slab on G...	2 beds \| 2 baths \| 1,729 sq.ft.	$469,900	Airbnb cash on cash: -0.44% Traditional cash on cash: 2.73% Airbnb Rental Income: $1615 Traditional Rental Income: $2550 Airbnb ROI: -0.44% Traditional ROI: 2.73%
10149 211th Street N Forest Lake, MN Home is Sold. Guidance Homes, Inc. is proud to welcome you to 'Forest Hills Preserve', an ...	2 beds \| 2 baths \| 2,420 sq.ft.	$714,000	Airbnb cash on cash: 0.26% Traditional cash on cash: 3.44% Airbnb Rental Income: $1615 Traditional Rental Income: $3273 Airbnb ROI: 0.26% Traditional ROI: 3.44%
9953 211th Court N Forest Lake, MN Custom-built detached townhome nestled in Forest Hills Preserve. With 2 main-level bedroom...	4 beds \| 3 baths \| 3,864 sq.ft.	$1,255,500	Airbnb cash on cash: 0.77% Traditional cash on cash: -0.06% Airbnb Rental Income: $4618 Traditional Rental Income: $2688 Airbnb ROI: 0.77% Traditional ROI: -0.06%
6429 205th Court N Forest Lake, MN Exceptional walk-out rambler with an in-law apartment if needed. Home offers a great open ...	4 beds \| 3 baths \| 2,627 sq.ft.	$424,900	Airbnb cash on cash: 6.78% Traditional cash on cash: 4.62% Airbnb Rental Income: $4618 Traditional Rental Income: $2802 Airbnb ROI: 6.78% Traditional ROI: 4.62%
7175 208th Cove N Forest Lake, MN Gorgeous two-story home located in high demand Chestnut Creek. Lennar's Columbus Plan feat...	4 beds \| 4 baths \| 2,678 sq.ft.	$499,900	Airbnb cash on cash: 5.49% Traditional cash on cash: 4.66% Airbnb Rental Income: $4618 Traditional Rental Income: $3273 Airbnb ROI: 5.49% Traditional ROI: 4.66%
887 8th Avenue SE #D Forest Lake, MN Rentals allowed- sale contingent upon seller finding house of choice. Rare Find, upper le...	3 beds \| 2 baths \| 1,536 sq.ft.	$410,000	Airbnb cash on cash: 7.17% Traditional cash on cash: 1.9% Airbnb Rental Income: $5146 Traditional Rental Income: $2075 Airbnb ROI: 7.17% Traditional ROI: 1.9%
1252 Island Drive Forest Lake, MN Well maintained one level living townhome in the heart of Forest Lake. Walkability to shop...	2 beds \| 2 baths \| 1,268 sq.ft.	$289,900	Airbnb cash on cash: 1.05% Traditional cash on cash: 4.23% Airbnb Rental Income: $1615 Traditional Rental Income: $2023 Airbnb ROI: 1.05% Traditional ROI: 4.23%
813 10th Avenue SW Forest Lake, MN Opportunity knocks, finish off a home where the upper level has been updated and kept in g...	2 beds \| 1 baths \| 864 sq.ft.	$260,000	Airbnb cash on cash: 2.56% Traditional cash on cash: 3.5% Airbnb Rental Income: $1615 Traditional Rental Income: $1386 Airbnb ROI: 2.56% Traditional ROI: 3.5%
1302 Island Drive Forest Lake, MN Beautiful End Unit Townhome in a quiet and private area of Forest Lake. This unit was just...	2 beds \| 2 baths \| 1,275 sq.ft.	$299,900	Airbnb cash on cash: 1.41% Traditional cash on cash: 4.91% Airbnb Rental Income: $1615 Traditional Rental Income: $2146 Airbnb ROI: 1.41% Traditional ROI: 4.91%
10086 211th Street N Forest Lake, MN Guidance Homes, Inc. is proud to welcome you to 'Forest Hills Preserve', an absolutely gor...	2 beds \| 2 baths \| 1,714 sq.ft.	$704,900	Airbnb cash on cash: -0.8% Traditional cash on cash: 1.26% Airbnb Rental Income: $1615 Traditional Rental Income: $2507 Airbnb ROI: -0.8% Traditional ROI: 1.26%
8571 N Shore Trail N Forest Lake, MN Amazing opportunity to own this beautiful south facing waterfront home located on demandin...	4 beds \| 3 baths \| 2,335 sq.ft.	$799,900	Airbnb cash on cash: 2.67% Traditional cash on cash: 1.3% Airbnb Rental Income: $4618 Traditional Rental Income: $2638 Airbnb ROI: 2.67% Traditional ROI: 1.3%
5249 207th Street N Forest Lake, MN Experience the allure of 5249 207th Ave N, Forest Lake, MN: a captivating home that blends...	2 beds \| 3 baths \| 1,438 sq.ft.	$240,000	Airbnb cash on cash: 1.25% Traditional cash on cash: 6.58% Airbnb Rental Income: $1615 Traditional Rental Income: $2365 Airbnb ROI: 1.25% Traditional ROI: 6.58%
21163 S Clydesdale Curve Forest Lake, MN Welcome to this charming 2-bdrm, 2-bthrm townhome nestled in an unbeatable location. Boa...	2 beds \| 2 baths \| 1,324 sq.ft.	$249,900	Airbnb cash on cash: 0.75% Traditional cash on cash: 5.17% Airbnb Rental Income: $1615 Traditional Rental Income: $2199 Airbnb ROI: 0.75% Traditional ROI: 5.17%
20078 Fitzgerald Trail N Forest Lake, MN This unit is UNDER CONSTRUCTION. Main level living at its finest! This Brand New Slab on G...	2 beds \| 2 baths \| 1,729 sq.ft.	$474,900	Airbnb cash on cash: 0.51% Traditional cash on cash: 3.64% Airbnb Rental Income: $1615 Traditional Rental Income: $2549 Airbnb ROI: 0.51% Traditional ROI: 3.64%
20074 Fitzgerald Trail N Forest Lake, MN This unit is UNDER CONSTRUCTION. Main level living at its finest! This Brand New Slab on G...	2 beds \| 2 baths \| 1,729 sq.ft.	$474,900	Airbnb cash on cash: 0.51% Traditional cash on cash: 3.64% Airbnb Rental Income: $1615 Traditional Rental Income: $2549 Airbnb ROI: 0.51% Traditional ROI: 3.64%
1676 10th Street SE Forest Lake, MN Wonderful home, in a 55+ community, that features one level living! Infloor heat plus forc...	2 beds \| 2 baths \| 1,282 sq.ft.	$290,000	Airbnb cash on cash: 0.98% Traditional cash on cash: 4.44% Airbnb Rental Income: $1615 Traditional Rental Income: $2104 Airbnb ROI: 0.98% Traditional ROI: 4.44%
6611 Lipizzan Trail Forest Lake, MN Welcome to 6611 Lipizzan Trail! This delightful detached townhome offers the perfect blend...	2 beds \| 2 baths \| 1,302 sq.ft.	$295,000	Airbnb cash on cash: 1.17% Traditional cash on cash: 4.72% Airbnb Rental Income: $1615 Traditional Rental Income: $2143 Airbnb ROI: 1.17% Traditional ROI: 4.72%
7757 N Shore Circle N Forest Lake, MN WELCOME HOME TO LAKE LIVING ON FOREST LAKE. THIS 4 BEDROOM, 3 BATH HOME,OFFERS 50' OF PRES...	4 beds \| 3 baths \| 2,400 sq.ft.	$779,000	Airbnb cash on cash: 3.12% Traditional cash on cash: 1.68% Airbnb Rental Income: $4618 Traditional Rental Income: $2619 Airbnb ROI: 3.12% Traditional ROI: 1.68%
10047 211th Street N Forest Lake, MN Another custom home by Guidance Homes! This home is pre-sold. 'Forest Hills Preserve' is ...	2 beds \| 2 baths \| 2,383 sq.ft.	$844,346	Airbnb cash on cash: -1.01% Traditional cash on cash: 1.01% Airbnb Rental Income: $1615 Traditional Rental Income: $2750 Airbnb ROI: -1.01% Traditional ROI: 1.01%

Real Estate investment in Forest-lake, MN

There are 36 properties for sale in the city of Forest Lake . The median list price in Forest Lake is $439,900 and the average price per square foot is $216. In April 2024, the average monthly cash on cash return in Forest Lake is 4.00%. The average monthly rental income in Forest Lake is $2,458.

Forest-lake, MN Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 36 investment properties available for sale in Forest-lake.

In 2024, the best neighborhood to buy investment property is Forest Lake.

The ROI for Long-Term is higher than the Short-Term in Forest-lake with average rental income of $2,458.

Your search for investment property begins and ends here

Investment Property for Sale in Forest Lake, MN

6416 N Shore Trail

Forest Lake, MN

4 beds | 2 baths | 2,184 sq.ft.

$379,750

Airbnb cash on cash: 8.55%

Traditional cash on cash: 4.88%

Airbnb Rental Income: $4618

Traditional Rental Income: $2353

Airbnb ROI: 8.55%

Traditional ROI: 4.88%

20805 Granada Avenue N

Forest Lake, MN

4 beds | 3 baths | 2,290 sq.ft.

$410,000

Airbnb cash on cash: 7.56%

Traditional cash on cash: 4.82%

Airbnb Rental Income: $4618

Traditional Rental Income: $2607

Airbnb ROI: 7.56%

Traditional ROI: 4.82%

20661 Fenston Avenue N

Forest Lake, MN

2 beds | 2 baths | 1,365 sq.ft.

$245,000

Airbnb cash on cash: 1.62%

Traditional cash on cash: 6.1%

Airbnb Rental Income: $1615

Traditional Rental Income: $2194

Airbnb ROI: 1.62%

Traditional ROI: 6.1%

5067 207th Street N

Forest Lake, MN

2 beds | 2 baths | 1,440 sq.ft.

$279,900

Airbnb cash on cash: 1.25%

Traditional cash on cash: 5.25%

Airbnb Rental Income: $1615

Traditional Rental Income: $2212

Airbnb ROI: 1.25%

Traditional ROI: 5.25%

20641 Hamlet Avenue N

Forest Lake, MN

5 beds | 5 baths | 4,026 sq.ft.

$666,083

Airbnb cash on cash: 9.15%

Traditional cash on cash: 6.03%

Airbnb Rental Income: $8111

Traditional Rental Income: $4631

Airbnb ROI: 9.15%

Traditional ROI: 6.03%

8112 N Shore Trail N

Forest Lake, MN

3 beds | 2 baths | 1,613 sq.ft.

$599,999

Airbnb cash on cash: 5.04%

Traditional cash on cash: 2.06%

Airbnb Rental Income: $5146

Traditional Rental Income: $2431

Airbnb ROI: 5.04%

Traditional ROI: 2.06%

10063 211th Street N

Forest Lake, MN

2 beds | 2 baths | 2,221 sq.ft.

$799,900

Airbnb cash on cash: -0.95%

Traditional cash on cash: 1.17%

Airbnb Rental Income: $1615

Traditional Rental Income: $2737

Airbnb ROI: -0.95%

Traditional ROI: 1.17%

21095 Floral Bay Drive N

Forest Lake, MN

4 beds | 3 baths | 2,661 sq.ft.

$439,900

Airbnb cash on cash: 6.49%

Traditional cash on cash: 4.45%

Airbnb Rental Income: $4618

Traditional Rental Income: $2815

Airbnb ROI: 6.49%