6208 NE 17th Ave APT J-72VancouverWA98665
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 6208 NE 17th Ave APT J-72, Vancouver, WA, 98665 uses $74,554 cash to close to unlock $6,790/yr annual cash flow and $566/mo monthly cash flow. Total monthly income runs $1,918/mo, and a $1,101/mo payment keeps the spread at $566/mo. Purchase price stands at $224,900, and rental yield measures 10.23% with $1,918/mo rent. Return on cash invested shows 29.02% in year one, and 5% annual appreciation builds toward $62,136 over five years. Five-year ROI reaches 151.46% and total cumulative return in cash records $112,921. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,918/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Condo
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98665, Vancouver, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,038 (100%) |
| Owner Occupied HU | 6,978 (58.0%) |
| Renter Occupied HU | 4,745 (39.4%) |
| Vacant Housing Units | 315 ( 2.6%) |
| Median Home Value | $504,609 |
| Average Home Value | $532,008 |
Housing Distribution
Address Breakdown
Residential
11,928
Single Family
10,416
Multi-Family
1,512
Businesses
948
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Charlene Taylor • Char Taylor Real Estate LLC
Mls Name: RMLS (OR)
Mls ID: #515568450