1715 Ne 116th St Apt ##VancouverWA98686
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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 1715 Ne 116th St Apt ##, Vancouver, WA, 98686 earns $546/mo cash flow from $2,666/mo rent with a $1,468/mo payment. Total monthly income totals $2,666/mo, and annual cash flow totals $6,553/yr on $99,417 capital. ROI tracks 26.5% on current figures, and rental yield reads 10.67% at a $299,900 purchase. Equity gained on principal adds $1,935/yr, and 5% annual appreciation supports $82,857 over five years. Five-year ROI reaches 139.38% and total cumulative return in cash sums $138,568. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,666/mo property income instead of your personal income.
Townhouse
Built in 1979
N/A lot
$N/A/sqft
$317 monthly 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: Jacob Sanchez • Next Generation Real Estate LLC
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #693677224
Disclaimer: The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright 2025 RMLS, Portland, Oregon. This content last updated on 2025-04-24 17:03:38 PDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.