308 NE Newhouse RdVancouverWA98663
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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 308 NE Newhouse Rd, Vancouver, WA, 98663 offers $2,059/mo rent that, after a $1,957/mo payment. Total monthly income is $2,059/mo. Return on cash invested measures 16.79% in year one, and rental yield stands at 6.18% at a $399,900 entry. Equity gained on principal adds $2,580/yr while 5% annual appreciation compounds into $110,485 by year five. Five-year ROI records 85.9% and total cumulative return in cash reaches $113,876. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,059/mo property income versus a $1,957/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2013
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98663, Vancouver, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,104 (100%) |
| Owner Occupied HU | 3,952 (55.6%) |
| Renter Occupied HU | 2,790 (39.3%) |
| Vacant Housing Units | 362 ( 5.1%) |
| Median Home Value | $553,604 |
| Average Home Value | $603,863 |
Housing Distribution
Address Breakdown
Residential
6,710
Single Family
5,649
Multi-Family
1,061
Businesses
403
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Listed by: Taylor Anderson • Windermere Northwest Living
Mls Name: RMLS (OR)
Mls ID: #672346289