23015 NE 28th StCamasWA98607
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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 Camas at 23015 NE 28th St, Camas, WA, 98607 listed at $1,295,000 pairs $2,684/mo rent with a $6,338/mo payment. Total monthly income runs $2,684/mo. Return on cash invested measures 5.78% in year one, and rental yield registers 2.49% at a $1,295,000 basis. Equity gained on principal adds $8,356/yr, and annual property appreciation at 5% supports $357,785 by year five. Five-year ROI tracks 26.75% and total cumulative return in cash totals $112,254. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,684/mo property income relative to a $6,338/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1947
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98607, Camas, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,154 (100%) |
| Owner Occupied HU | 10,232 (72.3%) |
| Renter Occupied HU | 3,271 (23.1%) |
| Vacant Housing Units | 651 ( 4.6%) |
| Median Home Value | $739,166 |
| Average Home Value | $812,766 |
Housing Distribution
Address Breakdown
Residential
13,604
Single Family
12,462
Multi-Family
1,142
Businesses
766
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Listed by: Patrick Sieng • Capitol Real Estate
Mls Name: RMLS (OR)
Mls ID: #410267154