Rochester

Neighborhood profile

Listings we track

12

Median price per unit

$159K

Typical cash flow

−$552

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.

Duplex New listing

−$82/mo cash flow

Close · cap 6.0% · 20% down

$246,900

2 units4 bd2 ba1,572 sqft

1033 3rd Ave SE, Rochester

Rents: RentCast comps

Duplex

−$199/mo cash flow

Close · cap 5.5% · 20% down

$279,900

2 units3 bd3 ba1,792 sqft

904 1st St SE, Rochester

Rents: RentCast comps

Duplex

−$713/mo cash flow

Overpriced · cap 4.1% · 20% down

$375,000

2 units5 bd2 ba2,250 sqft

403 8 1/2 Ave NW, Rochester

Rents: RentCast comps

Duplex New listing

−$712/mo cash flow

Overpriced · cap 3.9% · 20% down

$349,500

2 units4 bd2 ba2,772 sqft

813 4th Ave NW, Rochester

Rents: RentCast comps

Duplex

−$918/mo cash flow

Far off · cap 3.5% · 20% down

$384,000

2 units4 bd2 ba2,496 sqft

2920 18th Ave NW, Rochester

Rents: RentCast comps

Duplex

−$1,218/mo cash flow

Far off · cap 2.7% · 20% down

$400,000

2 units4 bd2 ba1,560 sqft

849 11 1/2 St SW, Rochester

Rents: RentCast comps

Ways to slice it

All listings

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

1. 1033 3rd Ave SE

   $246,900 · 2 units
   Close
   Cash flow −$82/mo Cap 6.0% Break-even price $231K Yr 30 vs stocks 2.12× Positive in yr 4

   Fairly priced for what it is with a new roof and furnace, but cash flow is slightly negative and the small upstairs unit needs proof that it rents near or above our estimate.

2. 1535 2nd St NE

   $150,000 · 2 units
   Cash flows
   Cash flow $358/mo Cap 9.3% Break-even price $217K Yr 30 vs stocks 4.52× Positive in yr 1

   The numbers look strong on paper at $150K, but it's a tiny, as-is, unfinished house with an unverified unit count, so confirm legality and rehab cost first.

   Unit count and legality are unverified; the layout may be a converted single-family

3. 904 1st St SE

   $279,900 · 2 units
   Close
   Cash flow −$199/mo Cap 5.5% Break-even price $242K Yr 30 vs stocks 1.73× Positive in yr 7

   Walkable to Mayo and nicely located, but at the ask it loses money on our numbers, so it needs a price cut and a verified rent roll.

4. 215 6th St NW

   $285,000 · 2 units
   Close
   Cash flow −$241/mo Cap 5.4% Break-even price $240K Yr 30 vs stocks 1.62× Positive in yr 8

   Newer exterior and furnace are good, but at $285K it runs negative, so it only works closer to $240K with verified rents.

   No rents, lease status or occupancy given; income is unverified

5. 1013 9th St NE

   $275,000 · 2 units
   Overpriced
   Cash flow −$310/mo Cap 5.0% Break-even price $217K Yr 30 vs stocks 1.35× Positive in yr 11

   A plain 1954 duplex that loses money at $275K with 20% down; it only works near $220K, and the 'great cashflow' claim comes with no numbers.

   No rents or lease details given despite 'great cashflow' claim; numbers are unsupported

6. 418 11th Ave SE

   $249,900 · 2 units
   Overpriced
   Cash flow −$393/mo Cap 4.5% Break-even price $176K Yr 30 vs stocks 1.03× Positive in yr 15

   Pricing is about $74K above where the numbers break even, so only consider it as an owner-occupant purchase at a much lower price.

   No rents, lease terms or expenses given. Income can't be verified.

7. 403 8 1/2 Ave NW

   $375,000 · 2 units
   Overpriced
   Cash flow −$713/mo Cap 4.1% Break-even price $241K Yr 30 vs stocks 0.86× Positive in yr 19

   A plain 1968 duplex priced about $134K above where the numbers work, so only worth a look if the seller drops hard or rents come in well above estimates.

8. 813 4th Ave NW

   $349,500 · 2 units
   Overpriced
   Cash flow −$712/mo Cap 3.9% Break-even price $216K Yr 30 vs stocks 0.80× Positive in yr 20

   A well-kept owner-occupant duplex, but at $349,500 the rental numbers lose money every month, so it only works as a house-hack at a lower price.

9. 2920 18th Ave NW

   $384,000 · 2 units
   Far off
   Cash flow −$918/mo Cap 3.5% Break-even price $212K Yr 30 vs stocks 0.67× Positive in yr 25

   Well-kept, low-expense duplex, but at $384K it loses about $918 a month on our numbers, so it only works at a much lower price.

10. 849 11 1/2 St SW

    $400,000 · 2 units
    Far off
    Cash flow −$1,218/mo Cap 2.7% Break-even price $171K Yr 30 vs stocks 0.51× Positive in 30+ yrs

    Tidy brick side-by-side in a good rental location, but $400K is far above what two 2-beds can support, so it only works at a much lower price.

11. 926 2nd St NW

    $354,900 · 2 units
    Far off
    Cash flow −$809/mo Cap 3.7% Break-even price $203K Yr 30 vs stocks 0.70× Positive in yr 24

    Two 2-bed units near Mayo with no rent data, priced about $150K above break-even, so only worth a look at a much lower price.

    No rents, lease terms, taxes or utility info in the listing, so income can't be checked.

12. 812 11th St SW

    $375,000 · 2 units
    Far off
    Cash flow −$1,159/mo Cap 2.7% Break-even price $157K Yr 30 vs stocks 0.50× Positive in 30+ yrs

    Two plain 2-bedrooms at $375K don't come close to cash flowing; only consider it at a much lower price or as an owner-occupant.

    Price far above what rents support; deeply negative cash flow

Monthly cash flow

What's changing

Nothing curated for this city yet.