Real Estate Investing in Walcott, North Dakota (58077)
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Should you buy in 58077 (Walcott, 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.
- High price-to-rent: Price-to-rent ratio 26.7 — hard to cash-flow at these prices.
• 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 Walcott, ND (58077)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 58077 Walcott
This part of Richland County is not an easy win. The 58077 ZIP comes in at softness in key indicators, and the playbook that works in cleaner markets often stalls here.
Meanwhile, the numbers look inviting — $358K purchase price, 0.0% nominal cap — the work to hit that pro forma in 58077 is substantial and deserves full respect.
Within ND, ZIP 58077 trails on several market indicators that neighboring Richland County submarkets outperform. The gap is real and durable enough to shape underwriting.
Resident income in 58077 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
The right play in 58077 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Walcott:
Market Trends
Home Value History (with trend line)
📊 How Does 58077 Compare?
| Metric | 58077 | Walcott | Wahpeton, ND-MN | North Dakota |
|---|---|---|---|---|
| Home Value | $357,503 | $357,503 | N/A | $278,677 |
| 5-Year CAGR | N/A | N/A | N/A | 3.7% |
| Avg Rent | $1,116 | $1,116 | N/A | - |
| Cap Rate | 2.4% | 2.4% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 58077 (Walcott, ND). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $357,503 |
| Monthly Rent | $1,116 |
| Price-to-Rent | 26.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.8% |
| Cap Rate | 2.4% |
| 5-Year IRR | 11.0% |
📈 Home Appreciation
| 1-Year | +8.6% ▲ |
| 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 (2.4%). 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 58077
Population: 726
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
Frequently Asked Questions
What is the typical rental rate in Walcott, ND?
Investors in Walcott, ND typically see rents near $1,116/mo per month against $358K home values - a solid setup for rental cash flow.
How high is vacancy risk in Walcott, ND?
Vacancy risk in Walcott, ND is elevated. That supports measured cash flow for typical rental holds.
What kind of market is Walcott, ND for investors?
Our data puts Walcott, ND at 2.0/5 for investability. Home prices of $358K and rents around $1,116/mo create a solid backdrop for investor activity.
Is Walcott, ND a good market for FHA house hackers?
Walcott, ND is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $358K price point reasonable to enter.
Are landlord laws favorable in Walcott, ND?
Walcott, ND operates under ND law, which is landlord-friendly overall for landlords. Expect measured treatment in typical lease and eviction cases.
You know 58077 now. You don’t know where it ranks.
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How 58077 ranks in Wahpeton, ND-MN
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