11515 NE 71st St UNIT 11, Vancouver, WA, 98662 | $288/mo Cash Flow

For Sale

Listed for sale 5 days ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Vancouver at 11515 NE 71st St UNIT 11, Vancouver, WA, 98662 earns $288/mo cash flow from $1,171/mo rent with a $719/mo payment. Total monthly income totals $1,171/mo, and annual cash flow totals $3,454/yr on $48,731 capital. ROI tracks 27% on current figures, and rental yield reads 9.56% at a $147,000 purchase. Equity gained on principal adds $949/yr, and 5% annual appreciation supports $40,613 over five years. Five-year ROI reaches 140.61% and total cumulative return in cash sums $68,520. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,171/mo property income instead of your personal income.

Manufactured

Built in 1970

3,000 sqft lot

$N/A/sqft

No HOA

More details about the property

This well-kept manufactured home in Greenway Terrace, an All-Age park, offers a beautifully remodeled 3 bedroom, 2 bath layout with 1,440 square feet of comfortable living space. The home features a spacious and open feel with both a formal living room and dining room, an open kitchen with an island and abundant storage, and two large entry areas-one of which can easily serve as a second living space, office, or hobby area. Laminate flooring, bright natural light, central heating, and a newer roof add to the home's appeal. Outside, enjoy one of the largest yards in the park backing to an open field, along with a porch, extra parking, and outdoor storage. Conveniently located near shopping, dining, freeway access, and bus lines, this all-ages community offers space, comfort, and excellent outdoor living, with financing options available. Lot rent for this unit is $1161 + utilities. Park requires a 650 credit score, but no security deposit.

Neighborhood Data

Neighborhood data shown for ZIP Code: 98662, Vancouver, WA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	15,458 (100%)
Owner Occupied HU	9,583 (62.0%)
Renter Occupied HU	5,345 (34.6%)
Vacant Housing Units	530 ( 3.4%)
Median Home Value	$526,969
Average Home Value	$585,145