16796 Dolomite St NWRamseyMN55303
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Ramsey at 16796 Dolomite St NW, Ramsey, MN, 55303 uses $162,327 cash to close to unlock $1,463/yr annual cash flow and $122/mo monthly cash flow. Total monthly income runs $3,180/mo, and a $2,397/mo payment keeps the spread at $122/mo. Purchase price stands at $489,675, and rental yield measures 7.79% with $3,180/mo rent. Return on cash invested shows 20.81% in year one, and 5% annual appreciation builds toward $135,288 over five years. Five-year ROI reaches 107.73% and total cumulative return in cash records $174,882. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,180/mo property income covering a $2,397/mo payment rather than investor’s personal income.
Single Family
Built in 2025
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55303, Anoka, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,533 (100%) |
| Owner Occupied HU | 14,765 (71.9%) |
| Renter Occupied HU | 5,139 (25.0%) |
| Vacant Housing Units | 629 ( 3.1%) |
| Median Home Value | $384,834 |
| Average Home Value | $425,564 |
Housing Distribution
Address Breakdown
Residential
20,469
Single Family
16,681
Multi-Family
3,788
Businesses
1,270
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