5585 E Evergreen Blvd APT 5203VancouverWA98661
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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
Investment property for sale in Vancouver at 5585 E Evergreen Blvd APT 5203, Vancouver, WA, 98661 offers a 8.52% rental yield on a $235,000 purchase with $1,668/mo rent. Total monthly income registers $1,668/mo, and a $1,150/mo payment leaves $256/mo available for distribution. Annual cash flow reaches $3,067/yr on $77,903 to close, and return on cash invested stands at 23.85% in year one. Equity gained on principal adds $1,516/yr while 5% annual appreciation supports $64,926 over five years. Portfolio math shows five-year ROI at 123.73% and total cumulative return in cash at $96,388. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,668/mo property income against a $1,150/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
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: Heather Williams • Coldwell Banker Bain
Mls Name: RMLS (OR)
Mls ID: #381456064