Real Estate Investing in Beulah, North Dakota (58523)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 58523 (Beulah, ND)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 26.9% 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 Beulah, ND (58523)?
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Market Analysis: 58523 Beulah
The 58523 ZIP covers a section of Beulah that demands careful diligence. Prices near $245K look accessible, but the work to make a deal cash flow is real.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 58523 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
ZIP 58523's metrics run below Mercer County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
On balance, 3,277 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
Distressed ZIPs reward experience. impressive returns are possible in 58523, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Beulah:
Market Trends
Home Value History (with trend line)
📊 How Does 58523 Compare?
| Metric | 58523 | Beulah | Bismarck, ND | North Dakota |
|---|---|---|---|---|
| Home Value | $244,964 | $244,964 | N/A | $278,677 |
| 5-Year CAGR | 4.0% | 4.0% | N/A | 3.7% |
| Avg Rent | $1,044 | $1,044 | N/A | - |
| Cap Rate | 3.3% | 3.3% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 58523 (Beulah, ND). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $244,964 |
| Monthly Rent | $1,044 |
| Price-to-Rent | 19.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.1% |
| Cap Rate | 3.3% |
| 5-Year IRR | 7.4% |
📈 Home Appreciation
| 1-Year | +4.0% ▲ |
| 3-Year CAGR | +5.4% ▲ |
| 5-Year CAGR | +4.0% ▲ |
| 10-Year CAGR | +1.1% ▲ |
🏠 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 (3.3%). 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 58523
Population: 3,277
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 58523
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
Is housing expensive in Beulah, ND?
Beulah, ND home values average about $245K. That price point suits investors targeting rentals with $1,044/mo in monthly income.
How strong is the working-renter base in Beulah, ND?
The renter base in Beulah, ND is reasonable for the $1,044/mo price point. Screening well and pricing to market typically yields consistent tenants.
What is it like being a landlord in Beulah, ND?
ND law landlord-friendly for landlords, and Beulah inherits those rules. Investors should still review local ordinances for rental licensing.
Is Beulah, ND good for house hacking?
House hacking in Beulah, ND is a challenging. With home values around $245K and rents at $1,044/mo, owner-occupants can offset a meaningful share of PITI.
How tight is the rental market in Beulah, ND?
Beulah, ND carries elevated vacancy risk. Expect measured absorption at market rents of $1,044/mo.
You know 58523 now. You don’t know where it ranks.
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How 58523 ranks in Bismarck, ND
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