5511 SE Scenic Ln UNIT 200VancouverWA98661
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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
Total monthly income runs $4,328/mo, and a $8,862/mo payment. Purchase price stands at $1,810,500, and rental yield measures 2.87% with $4,328/mo rent. Return on cash invested shows 6.96% in year one, and 5% annual appreciation builds toward $500,208 over five years. Five-year ROI reaches 33.07% and total cumulative return in cash records $194,000. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,328/mo property income covering a $8,862/mo payment rather than investor’s personal income.
Condo
Built in 2005
N/A 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: Lori Lanning-Redd • eXp Realty LLC
Mls Name: RMLS (OR)
Mls ID: #253828695