15004 NE 7th WayVancouverWA98684
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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
Investment property for sale in Vancouver at 15004 NE 7th Way, Vancouver, WA, 98684 offers a 8.15% rental yield on a $499,999 purchase with $3,396/mo rent. Total monthly income registers $3,396/mo, and a $2,447/mo payment leaves $391/mo available for distribution. Annual cash flow reaches $4,688/yr on $165,750 to close, and return on cash invested stands at 22.74% in year one. Equity gained on principal adds $3,226/yr while 5% annual appreciation supports $138,141 over five years. Portfolio math shows five-year ROI at 117.77% and total cumulative return in cash at $195,211. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,396/mo property income against a $2,447/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98684, Vancouver, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,493 (100%) |
| Owner Occupied HU | 7,097 (45.8%) |
| Renter Occupied HU | 7,699 (49.7%) |
| Vacant Housing Units | 697 ( 4.5%) |
| Median Home Value | $558,489 |
| Average Home Value | $583,620 |
Housing Distribution
Address Breakdown
Residential
14,350
Single Family
12,913
Multi-Family
1,437
Businesses
651
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Listed by: Ana Govea • Premiere Property Group, LLC
Mls Name: RMLS (OR)
Mls ID: #639916546