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

Mandan, ND has a median modeled monthly cash flow of $-1,166 and a median cap rate of 2.7%, on a median sold price of $309,900. Prices changed -0.6% year over year.

What is the average cap rate in Mandan, ND?

The median cap rate across recently sold homes in Mandan, ND is 2.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Mandan, ND?

The median sold price in Mandan, ND is $309,900 (about $163 per square foot).

Investing in Mandan, ND Real Estate

A data-driven snapshot of the Mandan, 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.

$309,900Median sold price

$163Median $/sqft

2.7%Median cap rate

$-1,166Modeled cash flow / mo

-0.6%Appreciation YoY

6.6Months of supply

211Active listings

381Sold (last 12 mo)

What the Mandan numbers say

In Mandan, ND, the median home sold for $309,900 (about $163 per square foot), and the typical deal models out to a 2.7% cap rate with a median $-1,166 of monthly cash flow. Sold prices moved -0.6% over the past year. Inventory sits at about 6.6 months of supply. 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 Mandan cash-flowing listings

CashFlowRE ranks every for-sale home in Mandan, 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 Mandan deals, or browse the national market data.