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Greater Minnesota › Springfield

Springfield

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
2
Median price per unit
$68K
Typical cash flow
$913
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. 202 N Cass Ave serious flag $1,406/mo
  2. 305 N Van Buren Ave serious flag $420/mo

Best long-term

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

  1. 202 N Cass Ave serious flag 7.33× stocks
  2. 305 N Van Buren Ave serious flag 3.69× stocks

Value-add

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

Nothing flagged as value-add.

Proceed with caution

Decent numbers, serious flags.

  1. 305 N Van Buren Ave No rents, leases or expenses given; 'occupied' says nothing about rent level or lease terms

All listings

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

  1. 305 N Van Buren Ave

    $290,000 · 4 units
    Cash flows
    Cash flow $420/mo Cap 8.1% Break-even price $369K Yr 30 vs stocks 3.69× Positive in yr 1

    A tidy-looking, fully occupied fourplex that could cash flow at $290K, but with no rents or expenses disclosed, none of the numbers are proven.

    No rents, leases or expenses given; 'occupied' says nothing about rent level or lease terms

  2. 202 N Cass Ave

    $252,000 · 4 units
    Cash flows
    Cash flow $1,406/mo Cap 13.1% Break-even price $516K Yr 30 vs stocks 7.33× Positive in yr 1

    Cheap per door and the model cash flow looks strong, but with no rents, expenses or parcel match, the numbers are unproven until you see the rent roll.

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

Monthly cash flow

−$500$0$500$1,000$1,500break-even202 N Cass Ave$1,406305 N Van Buren Ave$420

What's changing

Nothing curated for this city yet.