Minot Investment Analysis

Investment Property in Minot, ND

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Minot, ND Real Estate Investment Performance

PROPERTY SALE PRICE

$289,312

Median

1,988

Avg/Sq.ft.
CASH ON CASH RETURN

5.00%

Traditional

3.00%

Airbnb
NUMBER OF PROPERTIES

384

Investment

297

Airbnb

9

Traditional

33%

Airbnb occupancy rate

Redfin Housing market insights powered by Redfin

209

Number of homes sold

34

Median days on market

99%

Average sale-to-list price ratio

25%

Percentage of listings with price drops

384

Active listings count

231

New listings count

2.7

Months of supply

Minot, ND Properties Rental Prices

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Investment Properties for Sale in Minot, ND

Investment Properties for Sale
$234,000
MLS 261330
Upper Brooklyn
Other
4 beds 2 baths 2,000 sq.ft.
CAP RATE Trad. 4.98% Airbnb 6.07%
Investment Properties for Sale
$289,900
MLS 261613
Oak Park
Other
4 beds 2 baths 2,016 sq.ft.
CAP RATE Trad. 4.36% Airbnb 5.39%
Investment Properties for Sale
$264,900
MLS 261550
Upper Brooklyn
Other
4 beds 1 baths 1,942 sq.ft.
CAP RATE Trad. 3.99% Airbnb 5.13%
Investment Properties for Sale
$294,900
MLS 261768
Oak Park
Other
4 beds 2 baths 1,928 sq.ft.
CAP RATE Trad. 2.55% Airbnb 4.41%
Investment Properties for Sale
$294,000
MLS 261726
Oak Park
Other
4 beds 2 baths 2,428 sq.ft.
CAP RATE Trad. 4.08% Airbnb 4.17%
Investment Properties for Sale
$299,900
MLS 261449
Upper Brooklyn
Other
4 beds 2 baths 2,088 sq.ft.
CAP RATE Trad. 3.07% Airbnb 4.14%
Investment Properties for Sale
$312,900
MLS 261451
Bel-Air
Other
4 beds 2 baths 2,360 sq.ft.
CAP RATE Trad. 3.43% Airbnb 4.04%
Investment Properties for Sale
$115,000
MLS 260986
Eastwood Park
Other
2 beds 2 baths 1,328 sq.ft.
CAP RATE Trad. 9.77% Airbnb 4.08%

Townhouses for Sale in Minot, ND

Investment Properties for Sale
$262,900
MLS 261765
Eastwood Park
Townhouse
3 beds 2 baths 1,090 sq.ft.
CAP RATE Trad. 5.99% Airbnb 3.55%
Investment Properties for Sale
$262,900
MLS 261762
Eastwood Park
Townhouse
3 beds 2 baths 1,090 sq.ft.
CAP RATE Trad. 5.50% Airbnb 3.55%
Investment Properties for Sale
$286,900
MLS 261736
Eastwood Park
Townhouse
3 beds 2 baths 1,273 sq.ft.
CAP RATE Trad. 5.29% Airbnb 3.17%
Investment Properties for Sale
$286,900
MLS 261803
Eastwood Park
Townhouse
3 beds 2 baths 1,273 sq.ft.
CAP RATE Trad. 4.83% Airbnb 3.17%
Investment Properties for Sale
$286,900
MLS 261802
Eastwood Park
Townhouse
3 beds 2 baths 1,273 sq.ft.
CAP RATE Trad. 4.81% Airbnb 3.15%
Investment Properties for Sale
$312,900
MLS 261779
Eastwood Park
Townhouse
3 beds 3 baths 1,607 sq.ft.
CAP RATE Trad. 5.60% Airbnb 2.82%
Investment Properties for Sale
$312,900
MLS 261778
Eastwood Park
Townhouse
3 beds 3 baths 1,607 sq.ft.
CAP RATE Trad. 5.60% Airbnb 2.82%
Investment Properties for Sale
$321,900
MLS 261580
Eastwood Park
Townhouse
3 beds 3 baths 1,607 sq.ft.
CAP RATE Trad. 6.69% Airbnb 2.71%

Top Minot, ND Neighborhoods - Real Estate Market Analysis

West Minot
PROPERTY PRICE

$224,900

Median for city
CAP RATE

5.24%

Traditional

2.15%

Airbnb
RENTAL INCOME

N/A

Traditional

$ 1,599

Airbnb
 

56%

Airbnb occupancy rate
Eastwood Park
PROPERTY PRICE

$224,900

Median for city
CAP RATE

4.03%

Traditional

2.16%

Airbnb
RENTAL INCOME

N/A

Traditional

$ 1,468

Airbnb
 

55%

Airbnb occupancy rate
Nubbin Park
PROPERTY PRICE

$224,900

Median for city
CAP RATE

5.59%

Traditional

N/A

Airbnb
RENTAL INCOME

N/A

Traditional

$ 1,522

Airbnb
 

56%

Airbnb occupancy rate
Bel-Air
PROPERTY PRICE

$224,900

Median for city
CAP RATE

3.65%

Traditional

3.54%

Airbnb
RENTAL INCOME

N/A

Traditional

$ 1,701

Airbnb
 

65%

Airbnb occupancy rate
North Hill
PROPERTY PRICE

$224,900

Median for city
CAP RATE

6.52%

Traditional

9.36%

Airbnb
RENTAL INCOME

$ 2,236

Traditional

$ 1,468

Airbnb
 

55%

Airbnb occupancy rate
Upper Brooklyn
PROPERTY PRICE

$224,900

Median for city
CAP RATE

-0.12%

Traditional

1.20%

Airbnb
RENTAL INCOME

$ 1,200

Traditional

$ 1,133

Airbnb
 

50%

Airbnb occupancy rate
Downtown
PROPERTY PRICE

$224,900

Median for city
CAP RATE

0.32%

Traditional

N/A

Airbnb
RENTAL INCOME

$ 602

Traditional

$ 1,468

Airbnb
 

56%

Airbnb occupancy rate
Oak Park
PROPERTY PRICE

$224,900

Median for city
CAP RATE

3.57%

Traditional

N/A

Airbnb
RENTAL INCOME

$ 383

Traditional

$ 1,633

Airbnb
 

59%

Airbnb occupancy rate

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Short Term Rentals For Sale

Airbnb Vacation Rentals in Minot, ND

Brand new construction 4 beds heated garage
$164 per night Airbnb occupancy rate 35%
House 3 · 2.5 · 6
Rental Income: $1,749 per month
4.99
201
Minot Getaway
$162 per night Airbnb occupancy rate 46%
House 3 · 2.5 · 6
Rental Income: $2,268 per month
4.96
170
Minot Family Home in the Center of Town
$142 per night Airbnb occupancy rate 58%
House 4 · 2 · 8
Rental Income: $2,485 per month
4.88
164
Cozy Hot Tub Home
$197 per night Airbnb occupancy rate 42%
House 4 · 1.5 · 10
Rental Income: $2,545 per month
4.71
114
Huge Historic Downtown Minot 3bd Apartment
$156 per night Airbnb occupancy rate 35%
Apartment 3 · 1 · 10
Rental Income: $1,677 per month
4.91
109
Comfortable 2 bedroom condo with attached garage
$155 per night Airbnb occupancy rate 28%
House 2 · 2 · 4
Rental Income: $1,305 per month
4.97
106
Welcoming 3 Bedroom Home in the Magic City
$197 per night Airbnb occupancy rate 48%
Entire townhouse 3 · 2 · 6
Rental Income: $2,889 per month
5
73
Bold Town Home
$198 per night Airbnb occupancy rate 32%
House 3 · 2 · 6
Rental Income: $1,931 per month
4.86
64

Real Estate Investment Analysis - Other Cities in north dakota

City Name Property price Cash on cash return Rental Income No. of Properties Airbnb Occupancy Rate
Median traditional Airbnb traditional Airbnb
Grand Forks $349,450 3% 2% $1,825 $1,539 646 29%
Alice $171,250 11% 8% $1,554 $1,244 160 59%
Fargo $366,064 5% 1% $2,316 $1,706 83 34%
West Fargo $364,950 4% 1% $2,268 $1,323 18 28%
View all north dakota cities
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