4231 NE 184th StVancouverWA98686
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe 7.39% yield at 4231 NE 184th St, Vancouver, WA, 98686 in Vancouver is solid, but the $2,540/mo payment compresses net cash flow to $44/mo at $564,900. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $156,071 by year five, and $5,203/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.37) without U.S. income documentation. Total projected return: $219,170.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.4% | 5.2% |
| Monthly Cash Flow | $44 | $850 |
City averages based on Vancouver market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,479 |
| Total Monthly Debt Service | $3,171 |
| DSCR Ratio | 1.10x |
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.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98686, Vancouver, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,589 (100%) |
| Owner Occupied HU | 6,808 (71.0%) |
| Renter Occupied HU | 2,388 (24.9%) |
| Vacant Housing Units | 393 ( 4.1%) |
| Median Home Value | $649,118 |
| Average Home Value | $671,366 |
Housing Distribution
Address Breakdown
Residential
9,344
Single Family
8,762
Multi-Family
582
Businesses
270
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
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98686, Vancouver, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,589 (100%) |
| Owner Occupied HU | 6,808 (71.0%) |
| Renter Occupied HU | 2,388 (24.9%) |
| Vacant Housing Units | 393 ( 4.1%) |
| Median Home Value | $649,118 |
| Average Home Value | $671,366 |
Housing Distribution
Address Breakdown
Residential
9,344
Single Family
8,762
Multi-Family
582
Businesses
270
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bryce Rosenbaum • Harcourts Real Estate Network Group, LLC
Mls Name: RMLS (OR)
Mls ID: #455057538