590 Waterfront Way #604, Vancouver, WA, 98660 | 1.8% Rental Yield

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590 Waterfront Way #604, Vancouver, WA, 98660 | 1.8% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

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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

Total monthly income runs $1,944/mo, and a $6,338/mo payment. Purchase price stands at $1,295,000, and rental yield measures 1.8% with $1,944/mo rent. Return on cash invested shows 3.67% in year one, and 5% annual appreciation builds toward $357,785 over five years. Five-year ROI reaches 15.4% and total cumulative return in cash records $64,626. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,944/mo property income covering a $6,338/mo payment rather than investor’s personal income.

Condo

Built in 2021

N/A lot

$N/A/sqft

No HOA

More details about the property

This is your chance to own a Waterfront facing condo at the $2B Vancouver Waterfront. Become a collector of one of the ONLY 6 one bedroom condos facing the water at the only "full service" luxury condo building at the waterfront with additional services provided by the Hotel Indigo. This home has it all - LOCATION, Ease of Ownership, LIFESTYLE and EXCLUSIVITY. Immerse yourself in the ultimate location rich with restaurants, wineries, and multi-use trail on the Columbia River Waterfront. Unique features include: Homes have their own independent HVAC unit & range hoods are all vented to the outside (no smelling your neighbors cooking nor share their air). Wide Plank Hardwood Floors European Engineered floors, DXV Bidet, Cambria Quartz Countertops, Miele range and refrigerator, incorporated microwave, Rooftop Sky Lounge, Fire Pit, Fitness Center, Grill, Concierge/Security. Move-in Ready with Immediate Occupancy.

Neighborhood Data

Neighborhood data shown for ZIP Code: 98660, Vancouver, WA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	7,897 (100%)
Owner Occupied HU	2,691 (34.1%)
Renter Occupied HU	4,513 (57.1%)
Vacant Housing Units	693 ( 8.8%)
Median Home Value	$539,901
Average Home Value	$593,587

Housing Distribution

Address Breakdown

Residential

7,828

Single Family

4,060

Multi-Family

3,768

Businesses

1,087

Price History

Date	Event	Price
No price history data available

Tax History

Date	Tax Paid	Tax Increase Rate	Value	Value Increase Rate
No tax history data available

Nearby investment properties with comparable rents

1 Bed
1 Bath
1180 sft

590 Waterfront Way UNIT 500, Vancouver, WA, 98660

1 Bed
1 Bath
1121 sft

590 Waterfront Way UNIT 700, Vancouver, WA, 98660

1 Bed
1 Bath
634 sft

16405 NW Chadwick Way UNIT 302, Portland, OR, 97229

3 Bed
2 Bath
1194 sft

643 SE 40th Ct, Hillsboro, OR, 97123

Nearby investment properties with comparable prices

4 Bed
3 Bath
3015 sft

5666 Grand Oaks Dr, Lake Oswego, OR, 97035

5 Bed
4 Bath
4868 sft

16370 SW Rhus Ct, Tigard, OR, 97224

5 Bed
3 Bath
3453 sft

4419 SW 47th Dr, Portland, OR, 97221

12 Bed
8 Bath
4200 sft

18440 SW Johnson St, Beaverton, OR, 97003

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Facts & Features

General Information

Type: Condo
Year Built: 2021
Architectural Style: N/A
Building Area: N/A
Living Area: N/A
Property Condition: N/A

Features & Amenities

Heating: N/A
Cooling: N/A
Flooring: N/A
Interior Features: N/A
Exterior Features: N/A
Parking Features: Secured, Garage Door Opener, Condo Garage (Other), Attached, Shared Garage

Location

City: Vancouver
State: WA
Subdivision: N/A
Lot Size: N/A
Lot Features: N/A
View: N/A

HOA & Fees

HOA Fee: N/A
Association Fee: N/A
Fees & Dues: N/A
Association Amenities: N/A
Association Fee Includes: N/A

Utilities

Utilities: N/A
Sewer: N/A
Water Source: N/A
Road Surface Type: N/A

School Information

Elementary School: N/A
Middle School: N/A
High School: N/A

Listed by: Rebecca Lee • Keller Williams Realty

Mls Name: RMLS (OR)

Mls ID: #426456391

590 Waterfront Way #604,Vancouver,WA,98660

Nearby investment properties with comparable rents

Nearby investment properties with comparable prices

Ziffy AI Summary

Investment Highlights

More details about the property

Neighborhood Data

Housing Distribution

Housing Statistics

Housing Distribution

Address Breakdown

Price History

Tax History

Nearby investment properties with comparable rents

Nearby investment properties with comparable prices

Facts & Features

General Information

Features & Amenities

Location

HOA & Fees

Utilities

School Information

590 Waterfront Way #604VancouverWA98660