2606 SE Baypoint Dr #L20VancouverWA98683
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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
Rental property for sale in Vancouver at 2606 SE Baypoint Dr #L20, Vancouver, WA, 98683 generates $2,118/mo in rent and, after a $1,654/mo payment, leaves $87/mo in cash flow. Total monthly income is $2,118/mo, and annual cash flow is $1,039/yr on $112,047 invested. Return on cash invested sits at 20.84% in year one, and rental yield is 7.52% on a $338,000 entry. Equity gained on principal adds $2,181/yr, while 5% annual appreciation builds toward $93,383 over five years. Five-year ROI reaches 107.58% and total cumulative return in cash sums $120,542. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,118/mo property income rather than buyer’s personal income.
Condo
Built in 1983
N/A 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
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Listed by: Karl Lemire • Fairway Village Realty, LLC
Mls Name: RMLS (OR)
Mls ID: #279128790