Real Estate Investing in Epping, North Dakota (58843)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 58843 (Epping, 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: 26.4% of homes vacant — above national norms.
• 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 Epping, ND (58843)?
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Market Analysis: 58843 Epping
The 58843 ZIP in Epping, ND is a local-operator market. Outside capital chasing a $354K entry has to pair deep knowledge with the discount.
Distressed markets are won on execution, not on spreadsheets. ZIP 58843 clocks in at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Statewide comparisons place 58843 among ND's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
A significant renter share of 6% in 58843 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
The 58843 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 Epping:
Market Trends
Home Value History (with trend line)
📊 How Does 58843 Compare?
| Metric | 58843 | Epping | Williston, ND | North Dakota |
|---|---|---|---|---|
| Home Value | $354,042 | $354,042 | N/A | $278,677 |
| 5-Year CAGR | 3.5% | 3.5% | N/A | 3.7% |
| Avg Rent | $1,476 | $1,476 | 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 58843 (Epping, ND). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $354,042 |
| Monthly Rent | $1,476 |
| Price-to-Rent | 20.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.0% |
| Cap Rate | 3.3% |
| 5-Year IRR | 6.8% |
📈 Home Appreciation
| 1-Year | +7.6% ▲ |
| 3-Year CAGR | +4.0% ▲ |
| 5-Year CAGR | +3.5% ▲ |
| 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 (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 58843
Population: 799
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
How much does a house cost in Epping, ND?
Homes in Epping, ND typically sell near $354K. Prices have moved at a 0.0% 5-year CAGR, which even-keeled long-term demand.
Is it easy to find good tenants in Epping, ND?
The renter base in Epping, ND is reasonable for the $1,476/mo price point. Screening well and pricing to market typically yields reliable tenants.
What do landlords charge for rent in Epping, ND?
Rent in Epping, ND is around $1,476/mo. The resulting rent-to-value relationship with $354K pricing is reasonable for most investor models.
Does Epping, ND make sense for an investment property?
With a 3.0/5 investability score, Epping, ND ranks as a solid market for rental property investors. Median prices of $354K and rents of $1,476/mo drive the underlying numbers.
What real estate strategy is ideal for Epping, ND?
For Epping, ND, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
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