5101 NE 121st Ave UNIT 1VancouverWA98682
INVESTMENT ANALYSIS
Investment Verdict
Solid Income5101 NE 121st Ave UNIT 1, Vancouver, WA, 98682 in Vancouver is a solid income-producing rental, 8.39% gross yield, $1,643/mo rent, $230/mo net cash flow on a $235,000 buy. DSCR 1.55 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $64,926 and $2,164/yr in principal reduction project a total cumulative return of $103,760.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 5.2% |
| Monthly Cash Flow | $230 | $850 |
City averages based on Vancouver market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,643 |
| Total Monthly Debt Service | $1,319 |
| DSCR Ratio | 1.25x |
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.
Manufactured
Built in 1988
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98682, Vancouver, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,179 (100%) |
| Owner Occupied HU | 17,703 (70.3%) |
| Renter Occupied HU | 6,865 (27.3%) |
| Vacant Housing Units | 611 ( 2.4%) |
| Median Home Value | $550,966 |
| Average Home Value | $610,249 |
Housing Distribution
Address Breakdown
Residential
24,818
Single Family
23,295
Multi-Family
1,523
Businesses
1,362
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
Manufactured
Built in 1988
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98682, Vancouver, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,179 (100%) |
| Owner Occupied HU | 17,703 (70.3%) |
| Renter Occupied HU | 6,865 (27.3%) |
| Vacant Housing Units | 611 ( 2.4%) |
| Median Home Value | $550,966 |
| Average Home Value | $610,249 |
Housing Distribution
Address Breakdown
Residential
24,818
Single Family
23,295
Multi-Family
1,523
Businesses
1,362
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mollie Bradshaw • Premiere Property Group, LLC
Mls Name: RMLS (OR)
Mls ID: #473328050