13102 NW 8th Way #CVancouverWA98685
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeMost investment properties struggle to clear the 1.25x DSCR minimum. 13102 NW 8th Way #C, Vancouver, WA, 98685 in Vancouver clears it at 1.65, a meaningful distinction for the Ziffy Mortgage DSCR approval process. Rental yield 8.9%. Strong coverage makes approval clean and leaves room for vacancy without breaching underwriting thresholds. Five-year appreciation: $71,557; $2,385/yr in principal equity; total projected return: $121,361.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.9% | 5.2% |
| Monthly Cash Flow | $(107) | $850 |
City averages based on Vancouver market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,920 |
| Total Monthly Debt Service | $1,454 |
| DSCR Ratio | 1.32x |
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.
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
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Deana L. Nerton • Windermere Northwest Living
Mls Name: NWMLS
Mls ID: #2461390