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

Wahpeton, ND has a median modeled monthly cash flow of $-1,319 and a median cap rate of 1.8%, on a median sold price of $220,000. Prices changed -0.4% year over year.

What is the average cap rate in Wahpeton, ND?

The median cap rate across recently sold homes in Wahpeton, ND is 1.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Wahpeton, ND?

The median sold price in Wahpeton, ND is $220,000 (about $123 per square foot).

Investing in Wahpeton, ND Real Estate

A data-driven snapshot of the Wahpeton, 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.

$220,000Median sold price

$123Median $/sqft

1.8%Median cap rate

$-1,319Modeled cash flow / mo

-0.4%Appreciation YoY

8.2Months of supply

46Active listings

67Sold (last 12 mo)

What the Wahpeton numbers say

In Wahpeton, ND, the median home sold for $220,000 (about $123 per square foot), and the typical deal models out to a 1.8% cap rate with a median $-1,319 of monthly cash flow. Sold prices moved -0.4% over the past year. Inventory sits at about 8.2 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 Wahpeton cash-flowing listings

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