Twin Cities suburbs › Fridley

Fridley

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

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Neighborhood profile

Listings we track
3
Median price per unit
$157K
Typical cash flow
−$766
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. 7861 Firwood Way NE serious flag −$528/mo
  2. 5347 4th St NE serious flag −$766/mo
  3. 5419 4th St NE serious flag −$840/mo

Best long-term

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

  1. 7861 Firwood Way NE serious flag 1.27× stocks
  2. 5419 4th St NE serious flag 1.10× stocks
  3. 5347 4th St NE serious flag 1.01× stocks

Value-add

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

  1. 5347 4th St NE serious flag Long time on market: room to negotiate.

Proceed with caution

Decent numbers, serious flags.

  1. 7861 Firwood Way NE No rents or lease terms given.
  2. 5419 4th St NE Projected income is well above our rent estimates and is not a rent roll

All listings

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

  1. 7861 Firwood Way NE

    $425,000 · 2 units
    Overpriced
    Cash flow −$528/mo Cap 4.9% Break-even price $326K Yr 30 vs stocks 1.27× Positive in yr 12

    Decent side-by-side with updated mechanicals, but at $425K it loses money on our numbers, so it only works with real rents above estimate or a price near $326K.

    No rents or lease terms given. 'Long-term tenants' could mean old, below-market rents.

  2. 5419 4th St NE

    $569,000 · 4 units
    Overpriced
    Cash flow −$840/mo Cap 4.6% Break-even price $411K Yr 30 vs stocks 1.10× Positive in yr 14

    A clean-looking Fridley fourplex, but $569K is about $158K over what the rents support, so negotiate hard or pass.

    Projected income is well above our rent estimates and is not a rent roll

  3. 5347 4th St NE

    $469,900 · 3 units
    Overpriced
    Cash flow −$766/mo Cap 4.4% Break-even price $326K Yr 30 vs stocks 1.01× Positive in yr 15

    At $469,900 this triplex loses money in our model and needs roughly $144K off to break even, so verify the rents and unit count before spending time on it.

    Income claim has no numbers behind it

Monthly cash flow

−$1,000−$500$0break-even7861 Firwood Way NE−$5285347 4th St NE−$7665419 4th St NE−$840

What's changing

Nothing curated for this city yet.