Wadena
Greater Minnesota city. Every 2–4 unit listing here, run through the same numbers at 20% down and 7%.
Neighborhood profile
- Listings we track
- 1
- Median price per unit
- $125K
- Typical cash flow
- −$622 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
Value-add
Under-rented, needs work, or room to negotiate.
Nothing flagged as value-add.
Proceed with caution
Decent numbers, serious flags.
- 1126 2nd St SE No rents or lease terms given for a fully rented building
All listings
1 listings. Filter by price or units, or switch the down payment.
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Overpriced
1126 2nd St SE
$374,500 · 3 unitsCash flow −$622/mo Cap 4.4% Break-even price $258K Yr 30 vs stocks 0.98× Positive in yr 16Clean, updated triplex, but at $374,500 it loses money at today's rates unless the actual rents are well above our estimate.
No rents or lease terms given for a fully rented building
Monthly cash flow
What's changing
Nothing curated for this city yet.