18400 SE 16th StVancouverWA98683
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 18400 SE 16th St, Vancouver, WA, 98683 in Vancouver deserves attention. This $549,900 property earns $4,978/mo in rent, a 10.86% gross yield, and nets $1,672/mo after the $2,473/mo payment. DSCR 2.01 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $151,927 compounds alongside $5,065/yr in yearly equity build, for a total cumulative return of $315,681.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.9% | 5.2% |
| Monthly Cash Flow | $1,672 | $850 |
City averages based on Vancouver market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,978 |
| Total Monthly Debt Service | $3,087 |
| DSCR Ratio | 1.61x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1997
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98683, Vancouver, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,021 (100%) |
| Owner Occupied HU | 8,249 (51.5%) |
| Renter Occupied HU | 6,779 (42.3%) |
| Vacant Housing Units | 993 ( 6.2%) |
| Median Home Value | $588,743 |
| Average Home Value | $610,682 |
Housing Distribution
Address Breakdown
Residential
14,636
Single Family
12,944
Multi-Family
1,692
Businesses
602
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1997
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98683, Vancouver, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,021 (100%) |
| Owner Occupied HU | 8,249 (51.5%) |
| Renter Occupied HU | 6,779 (42.3%) |
| Vacant Housing Units | 993 ( 6.2%) |
| Median Home Value | $588,743 |
| Average Home Value | $610,682 |
Housing Distribution
Address Breakdown
Residential
14,636
Single Family
12,944
Multi-Family
1,692
Businesses
602
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: RMLS (OR)
Mls ID: #609224327