13117 NW 8th Ave #9-BVancouverWA98685
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 13117 NW 8th Ave #9-B, Vancouver, WA, 98685 in Vancouver at $287,900 earns $2,160/mo in rent and nets $117/mo after the $1,295/mo payment, a 9% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $79,541 over five years. Ziffy Mortgage underwrites this on a 1.67 DSCR without U.S. credit history. With $2,652/yr in principal paydown, total projected return reaches $117,807.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9% | 5.2% |
| Monthly Cash Flow | $117 | $850 |
City averages based on Vancouver market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,160 |
| Total Monthly Debt Service | $1,929 |
| DSCR Ratio | 1.12x |
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
8.86 Acres lot
$N/A/sqft
$300 monthly 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
8.86 Acres lot
$N/A/sqft
$300 monthly 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: N/A • N/A
Mls Name: undefined
Mls ID: #N/A