Greater Minnesota › Saint Peter

Saint Peter

Greater Minnesota city. Every 2–4 unit listing here, run through the same numbers at 20% down and 7%.

Compare with other cities →

Neighborhood profile

Listings we track
3
Median price per unit
$99K
Typical cash flow
$723
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.

  1. 804 S 4th St serious flag $727/mo
  2. 820 S Minnesota Ave $723/mo
  3. 706 N 8th St serious flag −$826/mo

Best long-term

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

  1. 804 S 4th St serious flag 4.08× stocks
  2. 820 S Minnesota Ave 4.04× stocks
  3. 706 N 8th St serious flag 0.64× stocks

Value-add

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

  1. 804 S 4th St serious flag Long time on market: room to negotiate.

Proceed with caution

Decent numbers, serious flags.

  1. 804 S 4th St No rents, lease terms or expenses given, so income is unverified

All listings

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

  1. 820 S Minnesota Ave

    $395,000 · 4 units
    Cash flows
    Cash flow $723/mo Cap 8.6% Break-even price $531K Yr 30 vs stocks 4.04× Positive in yr 1

    Numbers look workable at $395K, but with only a lump-sum rent figure, unverified taxes and tired interiors, treat 'turn key' as unproven until you see the rent roll and an inspection.

  2. 804 S 4th St

    $389,000 · 4 units
    Cash flows
    Cash flow $727/mo Cap 8.6% Break-even price $526K Yr 30 vs stocks 4.08× Positive in yr 1

    Solid-looking updated Victorian four-plex with a decent modeled return, but with no rents or expenses disclosed, it's an unproven number until you see the rent roll.

    No rents, lease terms or expenses given, so income is unverified

  3. 706 N 8th St

    $334,900 · 2 units
    Far off
    Cash flow −$826/mo Cap 3.4% Break-even price $180K Yr 30 vs stocks 0.64× Positive in yr 27

    Updated systems and a new roof are nice, but at $334,900 it loses about $826 a month in our model and needs a big price cut.

    Unit count conflict: listing data says 2 units, description says triplex with 3. Beds/baths in data (4/2) don't match 5 bed / 3 bath described.

Monthly cash flow

−$1,000−$500$0$500$1,000break-even804 S 4th St$727820 S Minnesota Ave$723706 N 8th St−$826

What's changing

Nothing curated for this city yet.