12881 NE 56th StVancouverWA98682
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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
Rental property for sale in Vancouver at 12881 NE 56th St, Vancouver, WA, 98682 generates $3,086/mo in rent and, after a $2,239/mo payment, leaves $336/mo in cash flow. Total monthly income is $3,086/mo, and annual cash flow is $4,035/yr on $151,628 invested. Return on cash invested sits at 22.57% in year one, and rental yield is 8.1% on a $457,400 entry. Equity gained on principal adds $2,952/yr, while 5% annual appreciation builds toward $126,371 over five years. Five-year ROI reaches 116.9% and total cumulative return in cash sums $177,253. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,086/mo property income rather than buyer’s personal income.
Single Family
Built in 2018
3,484 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
24,818
Single Family
23,295
Multi-Family
1,523
Businesses
1,362
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Listed by: Kelly Primerano • Redfin
Mls Name: RMLS (OR)
Mls ID: #160725237