Real Estate Investing in Westhope, North Dakota (58793)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 58793 (Westhope, ND)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 28.9% of homes vacant — above national norms.
- 1-year downturn: Values declined 6.7% in the last year.
• 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 Westhope, ND (58793)?
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Market Analysis: 58793 Westhope
ZIP 58793 inside Bottineau County looks affordable on the surface — median value of $119K — but the discount exists for reasons that a careful buyer should understand before committing.
The investment case in 58793 is sturdy only for operators who understand what they are buying. A $119K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Statewide comparisons place 58793 among ND's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Resident income in 58793 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
appears to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Westhope:
Market Trends
Home Value History (with trend line)
📊 How Does 58793 Compare?
| Metric | 58793 | Westhope | North Dakota |
|---|---|---|---|
| Home Value | $119,069 | $119,069 | $278,677 |
| 5-Year CAGR | N/A | N/A | 3.7% |
| Avg Rent | $783 | $783 | - |
| Cap Rate | 5.1% | 5.1% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 58793 (Westhope, ND). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $119,069 |
| Monthly Rent | $783 |
| Price-to-Rent | 12.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.9% |
| Cap Rate | 5.1% |
| 5-Year IRR | N/A |
📈 Home Appreciation
| 1-Year | -6.7% ▼ |
| 3-Year CAGR | -8.5% ▼ |
| 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 (5.1%). 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 58793
Population: 508
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 58793
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 real estate strategy is ideal for Westhope, ND?
Westhope, ND investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($119K prices, $783/mo rents) make it a reasonable choice.
Where do rents currently stand in Westhope, ND?
The typical rental in Westhope, ND commands about $783/mo monthly. That rent profile steady cash flow against the $119K purchase basis.
How quickly do rentals get leased in Westhope, ND?
Vacancy risk in Westhope, ND is elevated. That supports measured cash flow for typical rental holds.
Are tenants stable in Westhope, ND?
Westhope, ND draws a predictable base of working renters. Demand at the $783/mo rent level is reasonable for standard single-family and small multi rentals.
What is the average home sale price in Westhope, ND?
Expect median prices around $119K in Westhope, ND. The market has run at a 0.0% 5-year CAGR, so entry costs have been even-keeled.
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