Real Estate Investing in Gladstone, North Dakota (58630)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 58630 (Gladstone, 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: 22.9% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 31.7 — 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 Gladstone, ND (58630)?
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Market Analysis: 58630 Gladstone
ZIP 58630 in Gladstone, ND carries a healthy set of headwinds. Home values near $356K and rents of $936/mo sit inside a market where underwriting has to be tight.
Turning to rents, the numbers look inviting — $356K purchase price, 0.0% nominal cap — the work to hit that pro forma in 58630 is substantial and deserves full respect.
In the broader ND picture, 58630 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
The 58630 ZIP's population of 412 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that reports the need for careful underwriting.
Distressed ZIPs reward experience. sturdy returns are possible in 58630, 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 Gladstone:
Market Trends
Home Value History (with trend line)
📊 How Does 58630 Compare?
| Metric | 58630 | Gladstone | Dickinson, ND | North Dakota |
|---|---|---|---|---|
| Home Value | $355,836 | $355,836 | N/A | $278,677 |
| 5-Year CAGR | 6.1% | 6.1% | N/A | 3.7% |
| Avg Rent | $936 | $936 | N/A | - |
| Cap Rate | 2.1% | 2.1% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 58630 (Gladstone, ND). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $355,836 |
| Monthly Rent | $936 |
| Price-to-Rent | 31.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.2% |
| Cap Rate | 2.1% |
| 5-Year IRR | 8.2% |
📈 Home Appreciation
| 1-Year | +4.2% ▲ |
| 3-Year CAGR | +6.2% ▲ |
| 5-Year CAGR | +6.1% ▲ |
| 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 (2.1%). 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 58630
Population: 412
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
🎓 Nearby Colleges & Universities
Frequently Asked Questions
Is Gladstone, ND a smart market for rental property?
With a 3.0/5 investability score, Gladstone, ND ranks as a solid market for rental property investors. Median prices of $356K and rents of $936/mo drive the underlying numbers.
How expensive is real estate in Gladstone, ND?
Median home price in Gladstone, ND is near $356K, with a 5-year CAGR of 0.0%. Prices have been predictable and supportive of buy-and-hold strategies.
Is Gladstone, ND better for rentals, flips, or BRRRR?
Gladstone, ND investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($356K prices, $936/mo rents) make it a reasonable choice.
Can I house hack in Gladstone, ND?
Gladstone, ND is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $356K price point reasonable to enter.
What is the typical vacancy rate in Gladstone, ND?
Gladstone, ND vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
You know 58630 now. You don’t know where it ranks.
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How 58630 ranks in Dickinson, ND
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