405 NE 85th StVancouverWA98665
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderTight but positive: 405 NE 85th St, Vancouver, WA, 98665 in Vancouver at $269,900 earns $1,782/mo in rent and nets $160/mo after the $1,214/mo payment, a 7.92% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $74,568 over five years. Ziffy Mortgage underwrites this on a 1.47 DSCR without U.S. credit history. With $2,486/yr in principal paydown, total projected return reaches $92,600.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.9% | 5.2% |
| Monthly Cash Flow | $160 | $850 |
City averages based on Vancouver market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,782 |
| Total Monthly Debt Service | $1,845 |
| DSCR Ratio | 0.97x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1972
N/A lot
$N/A/sqft
$330 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98665, Vancouver, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,038 (100%) |
| Owner Occupied HU | 6,978 (58.0%) |
| Renter Occupied HU | 4,745 (39.4%) |
| Vacant Housing Units | 315 ( 2.6%) |
| Median Home Value | $504,609 |
| Average Home Value | $532,008 |
Housing Distribution
Address Breakdown
Residential
11,928
Single Family
10,416
Multi-Family
1,512
Businesses
948
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 1972
N/A lot
$N/A/sqft
$330 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98665, Vancouver, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,038 (100%) |
| Owner Occupied HU | 6,978 (58.0%) |
| Renter Occupied HU | 4,745 (39.4%) |
| Vacant Housing Units | 315 ( 2.6%) |
| Median Home Value | $504,609 |
| Average Home Value | $532,008 |
Housing Distribution
Address Breakdown
Residential
11,928
Single Family
10,416
Multi-Family
1,512
Businesses
948
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Karen Higgins • Premiere Property Group, LLC
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #754960845
Disclaimer: The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright 2025 RMLS, Portland, Oregon. This content last updated on 2025-07-04 07:31:27 PDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.