5575 E Evergreen Blvd APT 4303, Vancouver, WA, 98661 | $759/mo Cash Flow

For Sale

Airbnb Potential

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Vancouver at 5575 E Evergreen Blvd APT 4303, Vancouver, WA, 98661 offers a 10.79% rental yield on a $255,000 purchase with $2,292/mo rent. Total monthly income registers $2,292/mo, and a $1,248/mo payment leaves $759/mo available for distribution. Annual cash flow reaches $9,111/yr on $84,533 to close, and return on cash invested stands at 30.69% in year one. Equity gained on principal adds $1,645/yr while 5% annual appreciation supports $70,452 over five years. Portfolio math shows five-year ROI at 160.43% and total cumulative return in cash at $135,620. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,292/mo property income against a $1,248/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1972

N/A lot

$N/A/sqft

No HOA

More details about the property

**Elegant Condo Living with River Scenery and Resort-Like Amenities!**This prestigious condominium community offers easy access to a swimming pool, convenient elevators, and breathtaking views of the river! Nestled among serene ponds, vibrant gardens, and a picturesque environment, this thriving area brings together peace and convenience.You can socialize with neighbors in inviting common areas, pick up meals or groceries at the on-site market, and enjoy quick access to PDX, the downtown area, and the lively new waterfront.This spacious 2-bedroom, 1.5-bath condo is your entryway to a relaxed lifestyle, featuring stunning vistas all around. Seize this incredible chance! Covered parking and move in ready!

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