3704 NE 45th 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 3704 NE 45th St, Vancouver, WA, 98661 uses $76,245 cash to close to unlock $5,798/yr annual cash flow and $483/mo monthly cash flow. Total monthly income runs $1,866/mo, and a $1,126/mo payment keeps the spread at $483/mo. Purchase price stands at $230,000, and rental yield measures 9.74% with $1,866/mo rent. Return on cash invested shows 27.51% in year one, and 5% annual appreciation builds toward $63,545 over five years. Five-year ROI reaches 143.44% and total cumulative return in cash records $109,363. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,866/mo property income covering a $1,126/mo payment rather than investor’s personal income.
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
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Listed by: Eric Pelky • Weichert Realtors, Equity NW
Mls Name: RMLS (OR)
Mls ID: #582241909