300 W 8th St UNIT 206VancouverWA98660
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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 300 W 8th St UNIT 206, Vancouver, WA, 98660 offers a 4.53% rental yield on a $650,000 purchase with $2,456/mo rent. 92% in year one. Equity gained on principal adds $4,194/yr while 5% annual appreciation supports $179,583 over five years. Portfolio math shows five-year ROI at 59.74% and total cumulative return in cash at $127,754. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,456/mo property income against a $3,181/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2000
N/A 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
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Listed by: Jane Cooper Stinson • MORE Realty, Inc
Mls Name: RMLS (OR)
Mls ID: #595770428