Fridley
Twin Cities suburbs city. Every 2–4 unit listing here, run through the same numbers at 20% down and 7%.
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.
- 7861 Firwood Way NE serious flag −$528/mo
- 5347 4th St NE serious flag −$766/mo
- 5419 4th St NE serious flag −$840/mo
Best long-term
Year-30 wealth vs. the same money in stocks.
- 7861 Firwood Way NE serious flag 1.27× stocks
- 5419 4th St NE serious flag 1.10× stocks
- 5347 4th St NE serious flag 1.01× stocks
Value-add
Under-rented, needs work, or room to negotiate.
- 5347 4th St NE serious flag Long time on market: room to negotiate.
Proceed with caution
Decent numbers, serious flags.
- 7861 Firwood Way NE No rents or lease terms given.
- 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.
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Overpriced
7861 Firwood Way NE
$425,000 · 2 unitsCash flow −$528/mo Cap 4.9% Break-even price $326K Yr 30 vs stocks 1.27× Positive in yr 12Decent 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.
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Overpriced
5419 4th St NE
$569,000 · 4 unitsCash flow −$840/mo Cap 4.6% Break-even price $411K Yr 30 vs stocks 1.10× Positive in yr 14A 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
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Overpriced
5347 4th St NE
$469,900 · 3 unitsCash flow −$766/mo Cap 4.4% Break-even price $326K Yr 30 vs stocks 1.01× Positive in yr 15At $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
What's changing
Nothing curated for this city yet.