507 NE 99th St UNIT 89VancouverWA98665
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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
Rental property for sale in Vancouver at 507 NE 99th St UNIT 89, Vancouver, WA, 98665 generates $1,004/mo in rent and, after a $611/mo payment, leaves $254/mo in cash flow. Total monthly income is $1,004/mo, and annual cash flow is $3,042/yr on $41,404 invested. Return on cash invested sits at 27.26% in year one, and rental yield is 9.65% on a $124,900 entry. Equity gained on principal adds $806/yr, while 5% annual appreciation builds toward $34,508 over five years. Five-year ROI reaches 142.07% and total cumulative return in cash sums $58,822. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,004/mo property income rather than buyer’s personal income.
Manufactured
Built in 1985
N/A lot
$N/A/sqft
No 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
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Listed by: Jessica Coles • MORE Realty, Inc
Mls Name: RMLS (OR)
Mls ID: #500462666