1704 Norris RdVancouverWA98661
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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 1704 Norris Rd, Vancouver, WA, 98661 listed at $327,000 pairs $1,914/mo rent with a $1,601/mo payment. Total monthly income runs $1,914/mo. Return on cash invested measures 19.33% in year one, and rental yield registers 7.02% at a $327,000 basis. Equity gained on principal adds $2,110/yr, and annual property appreciation at 5% supports $90,344 by year five. Five-year ROI tracks 99.5% and total cumulative return in cash totals $107,861. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,914/mo property income relative to a $1,601/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1947
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98661, Vancouver, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,896 (100%) |
| Owner Occupied HU | 8,535 (40.8%) |
| Renter Occupied HU | 11,444 (54.8%) |
| Vacant Housing Units | 917 ( 4.4%) |
| Median Home Value | $541,320 |
| Average Home Value | $633,789 |
Housing Distribution
Address Breakdown
Residential
21,033
Single Family
17,217
Multi-Family
3,816
Businesses
1,290
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Listed by: George&Nancy Perkins • 20/20 Properties
Mls Name: RMLS (OR)
Mls ID: #454630086