Real Estate Investing in Wyndmere, North Dakota (58081)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 58081 (Wyndmere, ND)? Our answer, based on the numbers below.
Mixed — values have been flat. OK for long-horizon buyers, less attractive if you may need to sell soon.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- Elevated vacancy: 8.3% 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 Wyndmere, ND (58081)?
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Market Analysis: 58081 Wyndmere
Not every below-median market is a bargain. Wyndmere's 58081 ZIP registers signals that favor experienced operators who can absorb the risk $203K pricing implies.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $203K asset, 58081 is the wrong submarket. If the plan prices in friction, the yield can still work.
Stepping back, 58081 offers a low basis, the region around Wyndmere has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Demographically, 58081 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
Strategy in 58081 is an operator game, not a passive one. Stepping back, entry prices of $203K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Wyndmere:
Market Trends
Home Value History (with trend line)
📊 How Does 58081 Compare?
| Metric | 58081 | Wyndmere | Wahpeton, ND-MN | North Dakota |
|---|---|---|---|---|
| Home Value | $202,518 | $202,518 | N/A | $278,677 |
| 5-Year CAGR | N/A | N/A | N/A | 3.7% |
| Avg Rent | $1,044 | $1,044 | N/A | - |
| Cap Rate | 4.0% | 4.0% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 58081 (Wyndmere, ND). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $202,518 |
| Monthly Rent | $1,044 |
| Price-to-Rent | 16.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.2% |
| Cap Rate | 4.0% |
| 5-Year IRR | 11.5% |
📈 Home Appreciation
| 1-Year | +7.5% ▲ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
| 10-Year CAGR | N/A |
🏠 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 (4.0%). 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 58081
Population: 880
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 58081
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
Should investors worry about vacancy in Wyndmere, ND?
Wyndmere, ND sees elevated vacancy, which is reasonable relative to the broader ND rental market.
What do landlords charge for rent in Wyndmere, ND?
Rent in Wyndmere, ND is around $1,044/mo. The resulting rent-to-value relationship with $203K pricing is reasonable for most investor models.
Are landlord laws favorable in Wyndmere, ND?
Wyndmere, ND operates under ND law, which is landlord-friendly overall for landlords. Expect consistent treatment in typical lease and eviction cases.
Is Wyndmere, ND a good market for FHA house hackers?
Wyndmere, ND is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $203K price point reasonable to enter.
What real estate strategy is ideal for Wyndmere, ND?
Wyndmere, ND investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($203K prices, $1,044/mo rents) make it a reasonable choice.
You know 58081 now. You don’t know where it ranks.
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How 58081 ranks in Wahpeton, ND-MN
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