Is Casselton, ND a good place to invest in rental property?

Casselton, ND has a median modeled monthly cash flow of $-1,113 and a median cap rate of 1.9%, on a median sold price of $295,000. Prices changed -0.7% year over year.

What is the average cap rate in Casselton, ND?

The median cap rate across recently sold homes in Casselton, ND is 1.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Casselton, ND?

The median sold price in Casselton, ND is $295,000 (about $150 per square foot).

Investing in Casselton, ND Real Estate

A data-driven snapshot of the Casselton, ND rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$295,000Median sold price

$150Median $/sqft

1.9%Median cap rate

$-1,113Modeled cash flow / mo

-0.7%Appreciation YoY

9.9Months of supply

29Active listings

35Sold (last 12 mo)

What the Casselton numbers say

In Casselton, ND, the median home sold for $295,000 (about $150 per square foot), and the typical deal models out to a 1.9% cap rate with a median $-1,113 of monthly cash flow. Sold prices moved -0.7% over the past year. Inventory sits at about 9.9 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other North Dakota markets to compare

See Casselton cash-flowing listings

CashFlowRE ranks every for-sale home in Casselton, ND by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Casselton deals, or browse the national market data.