North Minneapolis

The city's highest gross yields, in an area seeing significant reinvestment, new businesses, and community development, where duplexes and triplexes can cash flow from day one.

Genuinely transitional with variable condition and higher-risk pockets; the appreciation thesis depends on continued development. Net yield depends on renovation, management, licensing compliance, and a real repair reserve.

Value-add and cash-flow investors who want the city's best yields and accept the extra due diligence and management this area demands.