Greater Minnesota › Eveleth

Eveleth

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
1
Median price per unit
$50K
Typical cash flow
$670
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. 205 Fayal Rd serious flag $670/mo

Best long-term

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

  1. 205 Fayal Rd serious flag 8.23× stocks

Value-add

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

  1. 205 Fayal Rd serious flag Long time on market: room to negotiate.

Proceed with caution

Decent numbers, serious flags.

  1. 205 Fayal Rd Priced under $100K: usually means major repairs, a fire or condemned building, a contract-for-deed or partial-interest sale, or a listing error.

All listings

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

  1. 205 Fayal Rd

    $99,900 · 2 units
    Cash flows
    Cash flow $670/mo Cap 14.4% Break-even price $226K Yr 30 vs stocks 8.23× Positive in yr 1

    Cheap duplex that pencils well on paper, but with no rents, no tax record and 221 days listed, verify the income and condition before getting excited.

    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.

Monthly cash flow

−$500$0$500$1,000break-even205 Fayal Rd$670

What's changing

Nothing curated for this city yet.