2807 E 24th StVancouverWA98661
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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 2807 E 24th St, Vancouver, WA, 98661 offers a 5.22% rental yield on a $455,800 purchase with $1,981/mo rent. 88% in year one. Equity gained on principal adds $2,941/yr while 5% annual appreciation supports $125,929 over five years. Portfolio math shows five-year ROI at 70.3% and total cumulative return in cash at $106,227. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,981/mo property income against a $2,231/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Apartment
Built in 1943
5,510 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98661, Vancouver, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,896 (100%) |
| Owner Occupied HU | 8,535 (40.8%) |
| Renter Occupied HU | 11,444 (54.8%) |
| Vacant Housing Units | 917 ( 4.4%) |
| Median Home Value | $541,320 |
| Average Home Value | $633,789 |
Housing Distribution
Address Breakdown
Residential
21,033
Single Family
17,217
Multi-Family
3,816
Businesses
1,290
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Listed by: N/A • N/A
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