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2026 State DSCR & Cap-Rate Intelligence Report ยท North Dakota (ND) ยท leadslikecrazy.com

North Dakota (ND) Rental Property DSCR, Tax & Cap-Rate Benchmark Report

North Dakota Executive Underwriting Summary: Across 4 tracked North Dakota investment markets, 1โ€“4 unit rental properties average $265,000 in acquisition price against $1,980/month in Form 1007 market rent (8.97% gross rental yield) and $1,180/door/month on 5โ€“25 unit multifamily assets. Investors underwriting North Dakota DSCR loans must factor a 0.98% effective property tax rate (~$2,597/yr), $590/$100k hazard insurance (~$1,564/yr), and a Judicial (District Court Action) statutory framework (130โ€“180 days typical timeline).
1โ€“4u Base Price / Rent
$265,000 / $1,980
Gross Rental Yield
8.97% Annual
Tax & Hazard Escrow
0.98% Tax ยท $590/100k
Foreclosure & Timeline
Judicial (District Court Action) (130โ€“180 days)

North Dakota City-by-City DSCR, Tax & Multifamily Benchmark Table (4 Markets)

City & CountyPopulation1โ€“4u Median PriceForm 1007 Median RentTax RateCity Desk
Fargo, ND (CASS County County)123,887$275,000$2,000/mo1%Open Fargo Hub โ†’
Bismarck, ND (BURLEIGH County County)73,067$240,000$1,800/mo0.9%Open Bismarck Hub โ†’
Grand Forks, ND (GRAND FORKS County County)59,876$245,000$1,850/mo0.92%Open Grand Forks Hub โ†’
Minot, ND (WARD County County)50,490$235,000$1,800/mo0.96%Open Minot Hub โ†’

Related North Dakota Underwriting & Deal Team Hubs

North Dakota (ND) 2026 DSCR, Cap Rate & Rental Market Intelligence Report | leadslikecrazy.com