16500 SE 1st St UNIT 22, Vancouver, WA, 98684 | $243/mo Cash Flow

For Sale

Listed for sale 7 days ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Vancouver at 16500 SE 1st St UNIT 22, Vancouver, WA, 98684 listed at $150,000 pairs $1,144/mo rent with a $734/mo payment to leave $243/mo cash flow. Total monthly income runs $1,144/mo, and annual cash flow reaches $2,910/yr on $49,725 cash to close. Return on cash invested measures 25.76% in year one, and rental yield registers 9.15% at a $150,000 basis. Equity gained on principal adds $968/yr, and annual property appreciation at 5% supports $41,442 by year five. Five-year ROI tracks 134.02% and total cumulative return in cash totals $66,642. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,144/mo property income relative to a $734/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Manufactured

Built in 1996

N/A lot

$N/A/sqft

No HOA

More details about the property

Discover this charming 3 bedroom, 2 bath gem in an amazing 55+ gated community at Cascade Park Estates. With 1301 sqft of thoughtfully designed space, enjoy an open concept layout enhanced by vaulted ceilings and bright skylights providing extra natural light. The fenced back yard with covered deck have the potential to be your own private retreat! Multiple dining and shopping options within a 2 miles radius make this an ideal location in town. Come tour this home today!

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