Twin Cities suburbs › Inver Grove Heights

Inver Grove Heights

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
$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.

  1. 2545 70th St E serious flag $166/mo
  2. 4376 Upper 71st St E serious flag −$237/mo
  3. 7818 Davidson Ct serious flag −$1,484/mo

Best long-term

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

  1. 2545 70th St E serious flag 2.72× stocks
  2. 4376 Upper 71st St E serious flag 1.97× stocks
  3. 7818 Davidson Ct serious flag 0.65× stocks

Value-add

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

  1. 4376 Upper 71st St E serious flag Long time on market: room to negotiate.

Proceed with caution

Decent numbers, serious flags.

  1. 2545 70th St E Bonus room joins the two units and was a daycare.
  2. 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.

  1. 2545 70th St E

    $610,000 · 2 units
    Cash flows
    Cash flow $166/mo Cap 6.7% Break-even price $641K Yr 30 vs stocks 2.72× Positive in yr 1

    Odd, 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.

  2. 4376 Upper 71st St E

    $465,000 · 3 units
    Close
    Cash flow −$237/mo Cap 5.8% Break-even price $420K Yr 30 vs stocks 1.97× Positive in yr 5

    A 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.

  3. 7818 Davidson Ct

    $599,900 · 2 units
    Far off
    Cash flow −$1,484/mo Cap 3.4% Break-even price $321K Yr 30 vs stocks 0.65× Positive in yr 25

    Nice, 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

−$1,500−$1,000−$500$0$500break-even2545 70th St E$1664376 Upper 71st St E−$2377818 Davidson Ct−$1,484

What's changing

Nothing curated for this city yet.