Fairmont
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
- $64K
- Typical cash flow
- $140 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.
- 407 E 6th St $191/mo
- 224 S Park St serious flag $89/mo
Best long-term
Year-30 wealth vs. the same money in stocks.
- 407 E 6th St 3.31× stocks
- 224 S Park St serious flag 2.91× stocks
Value-add
Under-rented, needs work, or room to negotiate.
- 407 E 6th St Current rents are below market.
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
407 E 6th St
$174,900 · 3 unitsCash flow $191/mo Cap 7.7% Break-even price $211K Yr 30 vs stocks 3.31× Positive in yr 1Cheap triplex that pencils at ask on paper, but rents, taxes and utilities are all unverified, so get the rent roll before getting excited.
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Cash flows
224 S Park St
$139,900 · 2 unitsCash flow $89/mo Cap 7.1% Break-even price $157K Yr 30 vs stocks 2.91× Positive in yr 1Cheap four-plex on paper, but confirm the unit count, real rents and owner-paid utilities before trusting any of the numbers.
Unit count conflicts: listing text says four units, our data says two and could not match a county parcel
Monthly cash flow
What's changing
Nothing curated for this city yet.