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Greater Minnesota › Cass Lake

Cass Lake

Greater Minnesota city. Every 2–4 unit listing here, run through the same numbers at 20% down and 7%.

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Neighborhood profile

Listings we track
2
Median price per unit
$32K
Typical cash flow
$2,043
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.

None yet with verified rents. Every listing here is ranked on rough rent estimates for now (tagged “rough” below); those are places with too few rentals nearby to compare.

Ways to slice it

Best cash flow now

Monthly cash flow at 20% down.

  1. 423 1st St NW serious flag $2,043/mo

Best long-term

Year-30 wealth vs. the same money in stocks.

  1. 423 1st St NW serious flag 21.30× stocks

Value-add

Under-rented, needs work, or room to negotiate.

  1. 423 1st St NW serious flag Long time on market: room to negotiate.

Proceed with caution

Decent numbers, serious flags.

  1. 423 1st St NW Priced under $100K: usually means major repairs, a fire or condemned building, a contract-for-deed or partial-interest sale, or a listing error.

Needs more info

Left out of the rankings until a data problem is resolved.

  1. 106 Aspen Ave SW No reliable rent estimate: too few comparable rentals close by, and no RentCast estimate.

All listings

2 listings. Filter by price or units, or switch the down payment.

  1. 423 1st St NW

    $95,000 · 3 units
    Cash flows
    Cash flow $2,043/mo Cap 32.2% Break-even price $479K Yr 30 vs stocks 21.30× Positive in yr 1

    Cheap for a reason, probably: get the rent roll, taxes and an inspection before believing the cash flow numbers.

    Priced under $100K: usually means major repairs, a fire or condemned building, a contract-for-deed or partial-interest sale, or a listing error. Find out why before anything else.

  2. 106 Aspen Ave SW

    $234,800
    Needs more info

    Cheap per unit, but with no rents, no expenses and a converted-commercial look, this is unproven until the rent roll and zoning check out.

    Needs more info: No reliable rent estimate: too few comparable rentals close by, and no RentCast estimate.

Monthly cash flow

−$500$0$500$1,000$1,500$2,000$2,500break-even423 1st St NW$2,043

What's changing

Nothing curated for this city yet.