Real Estate Investing in Jamestown, North Dakota (58401)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 58401 (Jamestown, 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.
- Elevated vacancy: 11.0% vacancy may signal weakening demand.
What’s happening in Jamestown, ND (58401)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 58401 Jamestown
The 58401 ZIP in Jamestown, ND is a local-operator market. Outside capital chasing a $235K entry has to pair deep knowledge with the discount.
The 58401 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Within ND, ZIP 58401 trails on several market indicators that neighboring Stutsman County submarkets outperform. The gap is real and significant enough to shape underwriting.
A robust renter share of 40% in 58401 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
The 58401 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Jamestown:
Property Strategy for 58401
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $229,907 | $1,210 | 3.8% | +5.0% | $76,636 |
| 4BR | $299,925 | $1,470 | 3.5% | +5.0% | $74,981 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 58401 Compare?
| Metric | 58401 | Jamestown | Jamestown, ND | North Dakota |
|---|---|---|---|---|
| Home Value | $234,958 | $78,319 | N/A | $278,677 |
| 5-Year CAGR | 3.0% | 3.0% | N/A | 3.7% |
| Avg Rent | $1,212 | $1,212 | N/A | - |
| Cap Rate | 4.0% | 4.0% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 58401 (Jamestown, ND). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 58401 (Jamestown, ND)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $234,958 |
| Monthly Rent | $1,212 |
| Price-to-Rent | 16.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.2% |
| Cap Rate | 4.0% |
| 5-Year IRR | 7.0% |
📈 Home Appreciation
| 1-Year | +6.2% ▲ |
| 3-Year CAGR | +3.7% ▲ |
| 5-Year CAGR | +3.0% ▲ |
| 10-Year CAGR | +2.1% ▲ |
🏠 Rent Trends
| 1-Year | -8.5% ▼ |
| 3-Year CAGR | -0.2% ▼ |
| 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 58401
Population: 17,294
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 58401
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.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
Where do rents currently stand in Jamestown, ND?
Expect rents around $1,212/mo per month in Jamestown, ND. With home values at $235K, the yield math works out to reasonable levels for rental investors.
Are there empty rentals in Jamestown, ND?
Jamestown, ND carries elevated vacancy risk. Expect predictable absorption at market rents of $1,212/mo.
Is Jamestown, ND a smart market for rental property?
Jamestown, ND clocks in at an investability rating of 3.0/5, with median home values near $235K and average rents around $1,212/mo. That combination puts it in the durable tier for investor interest.
What does house hacking look like in Jamestown, ND?
House hacking in Jamestown, ND is reasonable to execute. Prices around $235K and rents of $1,212/mo solid owner-occupant economics.
How much should I expect to pay for a home in Jamestown, ND?
Jamestown, ND median home values land near $235K. That is reasonable territory for investors looking at $1,212/mo-per-month rentals.
You know 58401 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 58401 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.
AI Market Advisor
Ask questions about investing in 58401 (Jamestown)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 58401 (Jamestown, ND).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.