Real Estate Investing in Arthur, North Dakota (58048)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 58048 (Arthur, ND)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- Declining values: -4.2% 5-year CAGR — values have moved lower.
- Elevated vacancy: 9.3% vacancy may signal weakening demand.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Arthur, ND (58048)?
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Market Analysis: 58048 Arthur
Not every below-median market is a bargain. Arthur's 58048 ZIP clocks in at signals that favor experienced operators who can absorb the risk $200K pricing implies.
Meanwhile, the numbers look inviting — $200K purchase price, 0.0% nominal cap — the work to hit that pro forma in 58048 is substantial and deserves full respect.
ZIP 58048's metrics run below Cass County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
The 58048 ZIP's population of 478 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that registers the need for careful underwriting.
Strategy in 58048 is an operator game, not a passive one. Turning to rents, entry prices of $200K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Arthur:
Market Trends
Home Value History (with trend line)
📊 How Does 58048 Compare?
| Metric | 58048 | Arthur | Fargo, ND-MN | North Dakota |
|---|---|---|---|---|
| Home Value | $200,339 | $100,170 | N/A | $278,677 |
| 5-Year CAGR | N/A | N/A | N/A | 3.7% |
| Avg Rent | $873 | $873 | N/A | - |
| Cap Rate | 3.4% | 3.4% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 58048 (Arthur, ND). Anonymous, moderated, never written by AI.
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Property managers serving Cass County
Manage rentals here? List your business →San Antonio Property Management has been proudly local since 1978. summary from their website
Prairie Property Management offers rental expertise in Fargo/West Fargo, Moorhead, Bismarck-Mandan, Watford City, and Williston. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $200,339 |
| Monthly Rent | $873 |
| Price-to-Rent | 19.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.2% |
| Cap Rate | 3.4% |
| 5-Year IRR | N/A |
📈 Home Appreciation
| 1-Year | -2.8% ▼ |
| 3-Year CAGR | -2.6% ▼ |
| 5-Year CAGR | -4.2% ▼ |
| 10-Year CAGR | +0.0% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.4%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 58048
Population: 478
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 58048
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
Frequently Asked Questions
How tight is the rental market in Arthur, ND?
Vacancy risk in Arthur, ND is elevated. That supports reliable cash flow for typical rental holds.
How do experienced investors play Arthur, ND?
The best-fit strategy in Arthur, ND is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
What do rentals go for in Arthur, ND?
Average rent in Arthur, ND is approximately $873/mo per month. Against $200K home values that yields a reasonable rent-to-price ratio.
How strict are landlord regulations in Arthur, ND?
Rental owners in Arthur, ND deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
Is real estate in Arthur, ND a good investment right now?
Arthur, ND scores 2.0/5 for investability. Home values sit at $200K and rents near $873/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
You know 58048 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 58048 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 58048 ranks in Fargo, ND-MN
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