Hibbing

Neighborhood profile

Listings we track

6

Median price per unit

$48K

Typical cash flow

$820

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

Needs more info

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

All listings

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

1. 1105 16th Ave E

   $165,000 · 3 units
   Cash flows
   Cash flow $1,047/mo Cap 14.0% Break-even price $362K Yr 30 vs stocks 7.99× Positive in yr 1

   The numbers look strong on paper, but the listing gives no rents or expenses, so treat the cash flow as unproven until you see the rent roll.

   No rents, lease terms or expenses given. 'Rented' could mean month-to-month or below-market rents.

2. 1317 E 13th Ave

   $169,900 · 2 units
   Cash flows
   Cash flow $465/mo Cap 9.7% Break-even price $257K Yr 30 vs stocks 4.79× Positive in yr 1

   Cheap duplex with decent estimated cash flow, but it's never been rented, so verify the unit setup, taxes and real rents before trusting the numbers.

   Owner-occupied/family use means no rent history, no leases and no proof the units rent at estimates

3. 124 E 17th St

   $95,000 · 2 units
   Cash flows
   Cash flow $820/mo Cap 16.7% Break-even price $249K Yr 30 vs stocks 9.93× Positive in yr 1

   Cheap on paper with big modeled cash flow, but with no rents, expenses or condition info, treat the numbers as unproven until you see the rent roll and tax bill.

   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.

4. 130 E 16th St

   $95,000 · 2 units
   Cash flows
   Cash flow $813/mo Cap 16.7% Break-even price $248K Yr 30 vs stocks 9.85× Positive in yr 1

   The numbers look great at $95K, but the thin listing and 212 days on market mean you should verify rents, taxes 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.

5. 2328 1st Ave

   $75,000 · 3 units
   Cash flows
   Cash flow $2,228/mo Cap 42.0% Break-even price $494K Yr 30 vs stocks 28.49× Positive in yr 1

   A $75K mixed-use building that could pay well if the three apartments are real and rented, but the listing gives no rents and the photo shows rough exterior, so treat the model's returns as fiction until verified.

   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.

6. 2126 3rd Ave E

   $365,000
   Needs more info

   A cheap-per-door 8-unit with no rents, no expenses and tiny units, so don't get excited until the rent roll and licensing check out.

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

Monthly cash flow

What's changing

Nothing curated for this city yet.