2412 Main StVancouverWA98660
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 2412 Main St, Vancouver, WA, 98660 in Vancouver is capital appreciation. Rental yield 5.27%. The 5.27% gross yield at $549,900 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $151,927 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.98) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $150,825.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.3% | 5.2% |
| Monthly Cash Flow | $(1,065) | $850 |
City averages based on Vancouver market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,416 |
| Total Monthly Debt Service | $3,087 |
| DSCR Ratio | 0.78x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Townhouse
Built in 2003
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98660, Vancouver, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,897 (100%) |
| Owner Occupied HU | 2,691 (34.1%) |
| Renter Occupied HU | 4,513 (57.1%) |
| Vacant Housing Units | 693 ( 8.8%) |
| Median Home Value | $539,901 |
| Average Home Value | $593,587 |
Housing Distribution
Address Breakdown
Residential
7,828
Single Family
4,060
Multi-Family
3,768
Businesses
1,087
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
Townhouse
Built in 2003
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98660, Vancouver, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,897 (100%) |
| Owner Occupied HU | 2,691 (34.1%) |
| Renter Occupied HU | 4,513 (57.1%) |
| Vacant Housing Units | 693 ( 8.8%) |
| Median Home Value | $539,901 |
| Average Home Value | $593,587 |
Housing Distribution
Address Breakdown
Residential
7,828
Single Family
4,060
Multi-Family
3,768
Businesses
1,087
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: RMLS (OR)
Mls ID: #152128091