16500 SE 1st St UNIT 98VancouverWA98684
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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 16500 SE 1st St UNIT 98, Vancouver, WA, 98684 uses $46,410 cash to close to unlock $2,984/yr annual cash flow and $249/mo monthly cash flow. Total monthly income runs $1,090/mo, and a $685/mo payment keeps the spread at $249/mo. Purchase price stands at $140,000, and rental yield measures 9.34% with $1,090/mo rent. Return on cash invested shows 26.34% in year one, and 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 137.14% and total cumulative return in cash records $63,646. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,090/mo property income covering a $685/mo payment rather than investor’s personal income.
Manufactured
Built in 1995
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
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Listed by: Michael McCafferty • Keller Williams Realty
Mls Name: RMLS (OR)
Mls ID: #514021395