Greater Minnesota › Faribault

Faribault

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
$144K
Typical cash flow
$305
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. 3 6th Ave NW serious flag $322/mo
  2. 815 2nd Ave NW serious flag $289/mo

Best long-term

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

  1. 3 6th Ave NW serious flag 3.44× stocks
  2. 815 2nd Ave NW serious flag 3.35× stocks

Value-add

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

  1. 3 6th Ave NW serious flag Long time on market: room to negotiate.

Proceed with caution

Decent numbers, serious flags.

  1. 3 6th Ave NW Built 1870 with a rough basement: wiring, plumbing and foundation condition are unknown

All listings

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

  1. 3 6th Ave NW

    $290,000 · 2 units
    Cash flows
    Cash flow $322/mo Cap 7.7% Break-even price $350K Yr 30 vs stocks 3.44× Positive in yr 1

    Numbers look decent on paper for a 6-bed duplex, but an 1870 build, dated interiors and unverified taxes mean inspect before you trust them.

    Built 1870 with a rough basement: wiring, plumbing and foundation condition are unknown

  2. 815 2nd Ave NW

    $284,500 · 2 units
    Cash flows
    Cash flow $289/mo Cap 7.6% Break-even price $339K Yr 30 vs stocks 3.35× Positive in yr 1

    Clean but dated duplex that pencils at the ask on estimated rents, but with no rents, systems or tax data given, you have to verify the income first.

    No rents, lease terms, or occupancy given. Income is entirely our estimate.

Monthly cash flow

−$500$0$500break-even3 6th Ave NW$322815 2nd Ave NW$289

What's changing

Nothing curated for this city yet.