2805 NE 97th WayVancouverWA98665
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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 2805 NE 97th Way, Vancouver, WA, 98665 offers a 9.1% rental yield on a $425,000 purchase with $3,223/mo rent. Total monthly income registers $3,223/mo, and a $2,080/mo payment leaves $668/mo available for distribution. Annual cash flow reaches $8,021/yr on $140,888 to close, and return on cash invested stands at 25.6% in year one. Equity gained on principal adds $2,742/yr while 5% annual appreciation supports $117,420 over five years. Portfolio math shows five-year ROI at 133.15% and total cumulative return in cash at $187,589. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,223/mo property income against a $2,080/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2002
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98665, Vancouver, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,038 (100%) |
| Owner Occupied HU | 6,978 (58.0%) |
| Renter Occupied HU | 4,745 (39.4%) |
| Vacant Housing Units | 315 ( 2.6%) |
| Median Home Value | $504,609 |
| Average Home Value | $532,008 |
Housing Distribution
Address Breakdown
Residential
11,928
Single Family
10,416
Multi-Family
1,512
Businesses
948
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Listed by: Anthony Brungardt • eXp Realty LLC
Mls Name: RMLS (OR)
Mls ID: #165525425