12317 NE 116th St, Vancouver, WA, 98682 | $407/mo Cash Flow

For Sale

Listed for sale 7 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 12317 NE 116th St, Vancouver, WA, 98682 offers a 8.38% rental yield on a $419,500 purchase with $2,928/mo rent. Total monthly income registers $2,928/mo, and a $2,053/mo payment leaves $407/mo available for distribution. Annual cash flow reaches $4,879/yr on $139,064 to close, and return on cash invested stands at 23.42% in year one. Equity gained on principal adds $2,707/yr while 5% annual appreciation supports $115,900 over five years. Portfolio math shows five-year ROI at 121.42% and total cumulative return in cash at $168,858. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,928/mo property income against a $2,053/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Townhouse

Built in 2018

2,613 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this beautiful 2-story end-unit townhome built in 2018, offering 1,800 sq ft of modern comfort and thoughtful design. With 3 spacious bedrooms, 2.5 bathrooms, and an open-concept main level, this home blends style, practicality, and warmth.Step inside to LVP flooring throughout the main level and a bright living area highlighted by a charming gas fireplace with a wood-faced surround and eye-catching wood accent. The open kitchen features concrete countertops, stainless steel gas appliances, a walk-in pantry, and easy flow to the dining spaceperfect for cooking, gathering, and entertaining.Upstairs, enjoy the versatility of an oversized loft ideal for a home office, playroom, or media space. All bedrooms are generously sized with ceiling fans, and the vaulted primary suite offers a peaceful retreat with an ensuite bathroom, walk-in tile shower, and spacious walk-in closet. A washer and dryer are also conveniently included - move in ready!Additional features include a tankless hot water heater, an extra hose bib in the garage, and a two-car attached garage for easy parking and storage. The fenced-in backyard provides a private outdoor space for pets, gardening, or relaxation.The HOA keeps maintenance simple with gutter care and front-lawn upkeep + more included. Located within walking distance to parks, community walking trails, and just minutes from local amenities, this townhome delivers comfort, convenience, and modern livinginside and out. Schedule a tour this one won't last long!

Neighborhood Data

Neighborhood data shown for ZIP Code: 98682, Vancouver, WA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	25,179 (100%)
Owner Occupied HU	17,703 (70.3%)
Renter Occupied HU	6,865 (27.3%)
Vacant Housing Units	611 ( 2.4%)
Median Home Value	$550,966
Average Home Value	$610,249