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

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

North Dakota Executive Underwriting Summary: Across 4 tracked North Dakota investment markets, 1–4 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 5–25 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 (130–180 days typical timeline).

1–4u Base Price / Rent

$265,000 / $1,980

Gross Rental Yield

8.97% Annual

Tax & Hazard Escrow

0.98% Tax · $590/100k

Foreclosure & Timeline

Judicial (District Court Action) (130–180 days)

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

City & County	Population	1–4u Median Price	Form 1007 Median Rent	Tax Rate	City Desk
Fargo, ND (CASS County County)	123,887	$275,000	$2,000/mo	1%	Open Fargo Hub →
Bismarck, ND (BURLEIGH County County)	73,067	$240,000	$1,800/mo	0.9%	Open Bismarck Hub →
Grand Forks, ND (GRAND FORKS County County)	59,876	$245,000	$1,850/mo	0.92%	Open Grand Forks Hub →
Minot, ND (WARD County County)	50,490	$235,000	$1,800/mo	0.96%	Open Minot Hub →

Related North Dakota Underwriting & Deal Team Hubs

North Dakota State Hub (/states/north-dakota)North Dakota 5-Vertical Deal Team (/deal-team/north-dakota)North Dakota Funded Deals (/funded-deals/north-dakota)ND DSCR Loans ND Hard Money Loans ND Private Money Loans ND Fix & Flip Loans