Inver Grove Heights
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
- $300K
- Typical cash flow
- −$237 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.
- 2545 70th St E serious flag $166/mo
- 4376 Upper 71st St E serious flag −$237/mo
- 7818 Davidson Ct serious flag −$1,484/mo
Best long-term
Year-30 wealth vs. the same money in stocks.
- 2545 70th St E serious flag 2.72× stocks
- 4376 Upper 71st St E serious flag 1.97× stocks
- 7818 Davidson Ct serious flag 0.65× stocks
Value-add
Under-rented, needs work, or room to negotiate.
- 4376 Upper 71st St E serious flag Long time on market: room to negotiate.
Proceed with caution
Decent numbers, serious flags.
- 2545 70th St E Bonus room joins the two units and was a daycare.
- 4376 Upper 71st St E Only a gross rent total is given.
All listings
3 listings. Filter by price or units, or switch the down payment.
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Cash flows
2545 70th St E
$610,000 · 2 unitsCash flow $166/mo Cap 6.7% Break-even price $641K Yr 30 vs stocks 2.72× Positive in yr 1Odd, big, family-oriented duplex where the numbers only work on estimated rents, so verify legal status, utilities and the shared daycare room before getting excited.
Bonus room joins the two units and was a daycare. It may not be set up as clean separation for two tenants, and zoning or egress may be an issue.
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Close
4376 Upper 71st St E
$465,000 · 3 unitsCash flow −$237/mo Cap 5.8% Break-even price $420K Yr 30 vs stocks 1.97× Positive in yr 5A three-unit with unverified rents that loses money at $465K; worth pursuing only near $420K and with a real rent roll.
Only a gross rent total is given. No per-unit rents, lease dates or expenses.
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Far off
7818 Davidson Ct
$599,900 · 2 unitsCash flow −$1,484/mo Cap 3.4% Break-even price $321K Yr 30 vs stocks 0.65× Positive in yr 25Nice, roomy house, but at $599,900 the rents can't carry it; verify it's a legal duplex and expect to negotiate hard.
Unit count and taxes unverified; no county parcel match. Could be assessed and licensed as a single-family home
Monthly cash flow
What's changing
Nothing curated for this city yet.