6903 SE Riverside Dr APT 15VancouverWA98664
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
Rental property for sale in Vancouver at 6903 SE Riverside Dr APT 15, Vancouver, WA, 98664 generates $3,623/mo in rent, after a $5,384/mo payment. Total monthly income is $3,623/mo. Return on cash invested sits at 10.3% in year one, and rental yield is 3.95% on a $1,100,000 entry. Equity gained on principal adds $7,098/yr, while 5% annual appreciation builds toward $303,910 over five years. Five-year ROI reaches 51% and total cumulative return in cash sums $181,771. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,623/mo property income rather than buyer’s personal income.
Condo
Built in 1991
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98664, Vancouver, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,636 (100%) |
| Owner Occupied HU | 5,856 (55.1%) |
| Renter Occupied HU | 4,396 (41.3%) |
| Vacant Housing Units | 384 ( 3.6%) |
| Median Home Value | $553,282 |
| Average Home Value | $619,571 |
Housing Distribution
Address Breakdown
Residential
10,058
Single Family
8,798
Multi-Family
1,260
Businesses
199
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Pamela Dickinson • Pro Realty Group NW, LLC
Mls Name: RMLS (OR)
Mls ID: #191713910