Real Estate Investing in Arnegard, North Dakota (58835)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 58835 (Arnegard, 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 vacancy: 30.2% 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 Arnegard, ND (58835)?
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Market Analysis: 58835 Arnegard
The 58835 ZIP in Arnegard, ND is a local-operator market. Outside capital chasing a $358K entry has to pair deep knowledge with the discount.
Looking more closely, the numbers look inviting — $358K purchase price, 0.0% nominal cap — the work to hit that pro forma in 58835 is substantial and deserves full respect.
Regionally, 58835 sits on the difficult end of the ND spectrum. The worth a close look for read — for disciplined operators — is that pricing reflects the difficulty.
The demographic picture in 58835 includes headwinds that any investor should price in. Income distribution skews lower than Arnegard averages, and tenant stability requires active management.
The 58835 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 Arnegard:
Market Trends
Home Value History (with trend line)
📊 How Does 58835 Compare?
| Metric | 58835 | Arnegard | North Dakota |
|---|---|---|---|
| Home Value | $358,255 | $358,255 | $278,677 |
| 5-Year CAGR | N/A | N/A | 3.7% |
| Avg Rent | $1,242 | $1,242 | - |
| Cap Rate | 2.7% | 2.7% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 58835 (Arnegard, ND). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $358,255 |
| Monthly Rent | $1,242 |
| Price-to-Rent | 24.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.2% |
| Cap Rate | 2.7% |
| 5-Year IRR | 8.9% |
📈 Home Appreciation
| 1-Year | +6.2% ▲ |
| 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 (2.7%). 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 58835
Population: 1,003
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
Is Arnegard, ND a good market for buy-and-hold investors?
Investors tracking Arnegard, ND will find a 2.0/5 rating supported by $358K median home values and $1,242/mo rents. That profile suits long-term holders targeting consistent returns.
How do experienced investors play Arnegard, ND?
The best-fit strategy in Arnegard, ND is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
How much should I expect to pay for a home in Arnegard, ND?
Typical homes in Arnegard, ND go for around $358K. The 5-year CAGR of 0.0% measured price movement.
Do landlords face vacancy issues in Arnegard, ND?
Expect elevated vacancy in Arnegard, ND. Rents at $1,242/mo are absorbed by the tenant base without meaningful lag.
What is it like being a landlord in Arnegard, ND?
ND ranks as a landlord-friendly state for landlord-tenant law. Arnegard generally follows the statewide framework, so landlords face reasonable operating rules.
You know 58835 now. You don’t know where it ranks.
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