Thief River Falls

Neighborhood profile

Listings we track

2

Median price per unit

$24K

Typical cash flow

$465

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

All listings

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

1. 623 Horace Ave N

   $105,000 · 3 units
   Cash flows
   Cash flow $423/mo Cap 11.2% Break-even price $185K Yr 30 vs stocks 5.75× Positive in yr 1

   Cheap price and a good modeled yield, but nothing is verified, and it looks like a tired converted house, so prove the unit count and rents first.

   Triplex claim is unverified. The house looks like a converted single-family and no county record matched.

2. 422 Conley Ave S

   $25,000 · 2 units
   Cash flows
   Cash flow $506/mo Cap 30.7% Break-even price $120K Yr 30 vs stocks 19.58× Positive in yr 1

   Too cheap and too inconsistent to trust: confirm the unit count, square footage and the reason for the price before you spend any time on it.

   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.

Monthly cash flow

What's changing

Nothing curated for this city yet.