15912 SE 2nd StVancouverWA98684
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 15912 SE 2nd St, Vancouver, WA, 98684 in Vancouver. Rental yield 1.31%. At $1,718,800 with 1.31% gross yield, current distributions are modest, but the 5% appreciation rate projects $474,873 in new equity by year five, complemented by $15,830/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.24) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $106,501.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 1.3% | 5.2% |
| Monthly Cash Flow | $(8,452) | $850 |
City averages based on Vancouver market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,880 |
| Total Monthly Debt Service | $9,648 |
| DSCR Ratio | 0.19x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Multi Family
Built in 1976
N/A 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
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
Multi Family
Built in 1976
N/A 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
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