12029 NE 60th AveVancouverWA98686
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeNot flashy, but dependably profitable, 12029 NE 60th Ave, Vancouver, WA, 98686 in Vancouver is listed at $480,715 and delivers $3,360/mo in rent and $380/mo in net monthly cash flow. The 8.39% yield and 1.55 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $132,813 over five years, and $4,427/yr in principal reduction supplements cash return. Total projected cumulative return: $206,790.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 5.2% |
| Monthly Cash Flow | $380 | $850 |
City averages based on Vancouver market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,360 |
| Total Monthly Debt Service | $2,788 |
| DSCR Ratio | 1.20x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2025
3,920 sqft lot
$N/A/sqft
$90 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98686, Vancouver, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,589 (100%) |
| Owner Occupied HU | 6,808 (71.0%) |
| Renter Occupied HU | 2,388 (24.9%) |
| Vacant Housing Units | 393 ( 4.1%) |
| Median Home Value | $649,118 |
| Average Home Value | $671,366 |
Housing Distribution
Address Breakdown
Residential
9,344
Single Family
8,762
Multi-Family
582
Businesses
270
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2025
3,920 sqft lot
$N/A/sqft
$90 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98686, Vancouver, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,589 (100%) |
| Owner Occupied HU | 6,808 (71.0%) |
| Renter Occupied HU | 2,388 (24.9%) |
| Vacant Housing Units | 393 ( 4.1%) |
| Median Home Value | $649,118 |
| Average Home Value | $671,366 |
Housing Distribution
Address Breakdown
Residential
9,344
Single Family
8,762
Multi-Family
582
Businesses
270
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tim McConnell • D. R. Horton
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #149295088
Disclaimer: The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright 2025 RMLS, Portland, Oregon. This content last updated on 2025-10-10 22:39:10 PDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.