4613 NE 12th CtVancouverWA98663
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThis is a cash-flow-light asset: 4613 NE 12th Ct, Vancouver, WA, 98663 in Vancouver, $599,999, 7.27% gross yield, $29/mo net income. Consider it a market-entry position, the $3,636/mo rent covers the $2,698/mo payment with a margin, and 5%/yr appreciation is projected to add $165,769 to the asset's value over five years. Ziffy Mortgage approves DSCR loans (coverage 1.35) for non-U.S. residents without domestic income documentation. Consider a higher down payment to widen the monthly margin. Total projected return: $228,908.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.3% | 5.2% |
| Monthly Cash Flow | $29 | $850 |
City averages based on Vancouver market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,636 |
| Total Monthly Debt Service | $3,368 |
| DSCR Ratio | 1.08x |
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 2019
4,791 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
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 2019
4,791 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jesse Dau • eXp Realty LLC
Mls Name: RMLS (OR)
Mls ID: #316247935