1601 NE 113th St APT 313VancouverWA98686
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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 1601 NE 113th St APT 313, Vancouver, WA, 98686 listed at $285,000 pairs $2,261/mo rent with a $1,395/mo payment to leave $548/mo cash flow. Total monthly income runs $2,261/mo, and annual cash flow reaches $6,573/yr on $94,478 cash to close. Return on cash invested measures 26.87% in year one, and rental yield registers 9.52% at a $285,000 basis. Equity gained on principal adds $1,839/yr, and annual property appreciation at 5% supports $78,740 by year five. Five-year ROI tracks 139.93% and total cumulative return in cash totals $132,198. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,261/mo property income relative to a $1,395/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1980
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98686, Vancouver, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,589 (100%) |
| Owner Occupied HU | 6,808 (71.0%) |
| Renter Occupied HU | 2,388 (24.9%) |
| Vacant Housing Units | 393 ( 4.1%) |
| Median Home Value | $649,118 |
| Average Home Value | $671,366 |
Housing Distribution
Address Breakdown
Residential
9,344
Single Family
8,762
Multi-Family
582
Businesses
270
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Listed by: Byeloth Hermanson • Keller Williams Realty
Mls Name: RMLS (OR)
Mls ID: #146577066