Faribault
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
- $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.
- 3 6th Ave NW serious flag $322/mo
- 815 2nd Ave NW serious flag $289/mo
Best long-term
Year-30 wealth vs. the same money in stocks.
- 3 6th Ave NW serious flag 3.44× stocks
- 815 2nd Ave NW serious flag 3.35× stocks
Value-add
Under-rented, needs work, or room to negotiate.
- 3 6th Ave NW serious flag Long time on market: room to negotiate.
Proceed with caution
Decent numbers, serious flags.
- 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.
-
Cash flows
3 6th Ave NW
$290,000 · 2 unitsCash flow $322/mo Cap 7.7% Break-even price $350K Yr 30 vs stocks 3.44× Positive in yr 1Numbers 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
-
Cash flows
815 2nd Ave NW
$284,500 · 2 unitsCash flow $289/mo Cap 7.6% Break-even price $339K Yr 30 vs stocks 3.35× Positive in yr 1Clean 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
What's changing
Nothing curated for this city yet.