Buffalo
Greater Minnesota city. Every 2–4 unit listing here, run through the same numbers at 20% down and 7%.
Neighborhood profile
- Listings we track
- 2
- Median price per unit
- $192K
- Typical cash flow
- −$585 median per month, 20% down
- Rent rules
- No cap Rents can reset to market at renewal
Crime, rental-license and Census neighborhood figures are only available for St. Paul and Minneapolis so far.
Map
Top picks
Ranked on real rent estimates (nearby comparable rentals or our own research). Listings with a serious red flag are under Proceed with caution instead, however good the numbers look.
Ways to slice it
Best cash flow now
Monthly cash flow at 20% down.
- 911 2nd Ave S $57/mo
- 914 1/2 3rd Ave NE serious flag −$1,226/mo
Best long-term
Year-30 wealth vs. the same money in stocks.
- 911 2nd Ave S 2.61× stocks
- 914 1/2 3rd Ave NE serious flag 0.84× stocks
Value-add
Under-rented, needs work, or room to negotiate.
- 911 2nd Ave S Long time on market: room to negotiate.
- 914 1/2 3rd Ave NE serious flag Long time on market: room to negotiate.
Proceed with caution
Decent numbers, serious flags.
Nothing here right now.
All listings
2 listings. Filter by price or units, or switch the down payment.
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Cash flows
911 2nd Ave S
$349,900 · 2 unitsCash flow $57/mo Cap 6.6% Break-even price $361K Yr 30 vs stocks 2.61× Positive in yr 1Newer roof and siding and signed leases are good, and at $349,900 the numbers are slightly positive, but push the price down and verify taxes and leases first.
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Overpriced
914 1/2 3rd Ave NE
$625,000 · 3 unitsCash flow −$1,226/mo Cap 4.0% Break-even price $395K Yr 30 vs stocks 0.84× Positive in yr 19Clean, low-maintenance 2005 triplex, but at $625K it loses about $1,226 a month on our numbers and only makes sense at a much lower price.
No rents, leases or occupancy stated, so income is entirely unverified
Monthly cash flow
What's changing
Nothing curated for this city yet.
