5306 NE 53rd CourtVancouverWA98661
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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 5306 NE 53rd Court, Vancouver, WA, 98661 generates $3,546/mo in rent and, after a $2,687/mo payment, leaves $246/mo in cash flow. Total monthly income is $3,546/mo, and annual cash flow is $2,951/yr on $180,621 invested. Return on cash invested sits at 21.69% in year one, and rental yield is 7.75% on a $549,000 entry. Equity gained on principal adds $3,543/yr, while 5% annual appreciation builds toward $151,679 over five years. Five-year ROI reaches 112.14% and total cumulative return in cash sums $202,556. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,546/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
3,375 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98661, Vancouver, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,896 (100%) |
| Owner Occupied HU | 8,535 (40.8%) |
| Renter Occupied HU | 11,444 (54.8%) |
| Vacant Housing Units | 917 ( 4.4%) |
| Median Home Value | $541,320 |
| Average Home Value | $633,789 |
Housing Distribution
Address Breakdown
Residential
21,033
Single Family
17,217
Multi-Family
3,816
Businesses
1,290
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Listed by: Rebecca Thompson • Redfin
Mls Name: NWMLS
Mls ID: #2413221