16409 NE 23rd StVancouverWA98684
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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
Rental property for sale in Vancouver at 16409 NE 23rd St, Vancouver, WA, 98684 generates $2,748/mo in rent, after a $2,668/mo payment. Total monthly income is $2,748/mo. Return on cash invested sits at 16.52% in year one, and rental yield is 6.05% on a $545,000 entry. Equity gained on principal adds $3,517/yr, while 5% annual appreciation builds toward $150,573 over five years. Five-year ROI reaches 84.43% and total cumulative return in cash sums $151,380. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,748/mo property income rather than buyer’s personal income.
Single Family
Built in 1998
5,114 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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Nearby investment properties with comparable prices
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