590 Waterfront Way #604VancouverWA98660
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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 $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
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
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Listed by: Rebecca Lee • Keller Williams Realty
Mls Name: RMLS (OR)
Mls ID: #426456391