Real Estate Investing in Cavalier, North Dakota (58220)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 58220 (Cavalier, ND)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 15.9% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Cavalier, ND (58220)?
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Market Analysis: 58220 Cavalier
ZIP 58220 inside Pembina County looks affordable on the surface — median value of $172K — but the discount exists for reasons that a careful buyer should understand before committing.
The 58220 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
In the broader ND picture, 58220 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Who lives in 58220 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Experienced landlords with local relationships tend to find 58220 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Cavalier:
Market Trends
Home Value History (with trend line)
📊 How Does 58220 Compare?
| Metric | 58220 | Cavalier | North Dakota |
|---|---|---|---|
| Home Value | $171,878 | $171,878 | $278,677 |
| 5-Year CAGR | 3.7% | 3.7% | 3.7% |
| Avg Rent | $900 | $900 | - |
| Cap Rate | 4.1% | 4.1% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 58220 (Cavalier, ND). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $171,878 |
| Monthly Rent | $900 |
| Price-to-Rent | 15.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.3% |
| Cap Rate | 4.1% |
| 5-Year IRR | 7.8% |
📈 Home Appreciation
| 1-Year | +6.9% ▲ |
| 3-Year CAGR | +4.4% ▲ |
| 5-Year CAGR | +3.7% ▲ |
| 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 (4.1%). 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 58220
Population: 2,215
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 58220
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
What kind of market is Cavalier, ND for investors?
Our data puts Cavalier, ND at 3.0/5 for investability. Home prices of $172K and rents around $900/mo create a solid backdrop for investor activity.
What are vacancy rates like in Cavalier, ND?
Vacancy in Cavalier, ND is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $900/mo.
Is housing expensive in Cavalier, ND?
Cavalier, ND home values average about $172K. That price point suits investors targeting rentals with $900/mo in monthly income.
How strong is tenant demand in Cavalier, ND?
Working renters make up the core of the Cavalier, ND tenant base. The pool is reasonable for investors targeting long-term holds.
What investment strategy works best in Cavalier, ND?
Most investors in Cavalier, ND run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
You know 58220 now. You don’t know where it ranks.
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