3513 NE 45th Street #AVancouverWA98661
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 3513 NE 45th Street #A, Vancouver, WA, 98661 in Vancouver at $245,000 earns $2,036/mo in rent and nets $106/mo after the $1,102/mo payment, a 9.97% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $67,689 over five years. Ziffy Mortgage underwrites this on a 1.85 DSCR without U.S. credit history. With $2,256/yr in principal paydown, total projected return reaches $128,956.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10% | 5.2% |
| Monthly Cash Flow | $106 | $850 |
City averages based on Vancouver market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,036 |
| Total Monthly Debt Service | $1,375 |
| DSCR Ratio | 1.48x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1974
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1974
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: NWMLS as distributed by MLS GRID
Mls ID: #2514944