13102 NW 8th Way #CVancouverWA98685
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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 13102 NW 8th Way #C, Vancouver, WA, 98685 generates $1,920/mo in rent and, after a $1,268/mo payment, leaves $363/mo in cash flow. Total monthly income is $1,920/mo, and annual cash flow is $4,353/yr on $85,859 invested. Return on cash invested sits at 24.98% in year one, and rental yield is 8.9% on a $259,000 entry. Equity gained on principal adds $1,671/yr, while 5% annual appreciation builds toward $71,557 over five years. Five-year ROI reaches 129.8% and total cumulative return in cash sums $111,448. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,920/mo property income rather than buyer’s personal income.
Condo
Built in 1979
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98685, Vancouver, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,504 (100%) |
| Owner Occupied HU | 9,185 (79.8%) |
| Renter Occupied HU | 2,137 (18.6%) |
| Vacant Housing Units | 182 ( 1.6%) |
| Median Home Value | $642,159 |
| Average Home Value | $697,533 |
Housing Distribution
Address Breakdown
Residential
11,322
Single Family
11,014
Multi-Family
308
Businesses
312
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Listed by: Deana L. Nerton • Windermere Northwest Living
Mls Name: NWMLS
Mls ID: #2461390