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

Watford City, ND has a median modeled monthly cash flow of $-1,315 and a median cap rate of 2.7%, on a median sold price of $362,500. Prices changed +18.5% year over year.

What is the average cap rate in Watford City, ND?

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

What is the median home price in Watford City, ND?

The median sold price in Watford City, ND is $362,500 (about $231 per square foot).

Investing in Watford City, ND Real Estate

A data-driven snapshot of the Watford City, 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.

$362,500Median sold price

$231Median $/sqft

2.7%Median cap rate

$-1,315Modeled cash flow / mo

+18.5%Appreciation YoY

8.5Months of supply

85Active listings

120Sold (last 12 mo)

What the Watford City numbers say

In Watford City, ND, the median home sold for $362,500 (about $231 per square foot), and the typical deal models out to a 2.7% cap rate with a median $-1,315 of monthly cash flow. Sold prices moved +18.5% over the past year. Inventory sits at about 8.5 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 Watford City cash-flowing listings

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