7006 NE 2nd Ave, Vancouver, WA, 98665 | $957/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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7006 NE 2nd Ave, Vancouver, WA, 98665 | $957/mo Cash Flow | Ziffy

For Sale

Fix & Flip

Motivated Seller

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

Investment property for sale in Vancouver at 7006 NE 2nd Ave, Vancouver, WA, 98665 uses $109,395 cash to close to unlock $11,478/yr annual cash flow and $957/mo monthly cash flow. Total monthly income runs $2,940/mo, and a $1,615/mo payment keeps the spread at $957/mo. Purchase price stands at $330,000, and rental yield measures 10.69% with $2,940/mo rent. Return on cash invested shows 30.4% in year one, and 5% annual appreciation builds toward $91,173 over five years. Five-year ROI reaches 158.89% and total cumulative return in cash records $173,819. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,940/mo property income covering a $1,615/mo payment rather than investor’s personal income.

Single Family

Built in 1990

8,276 sqft lot

$N/A/sqft

No HOA

More details about the property

Calling all serious CASH investors! Unlock the massive potential of this 3-bedroom, 2-bathroom, ONE-level home with coveted water access to Silver Pond. This property is a true fixer-upper sold AS-IS, requiring a buyer ready to roll up their sleeves and execute a transformation. The SINGLE LEVEL home offers a fantastic canvas for your vision, featuring a desirable floor plan (Primary on Main) and vaulted ceilings that enhance the natural light throughout. Imagine the stunning result once updated! This house boasts a peekaboo pond view from the primary bedroom window. The primary suite has a unique layout with a split bathroom, separating the toilet/shower area. The large walk-in closet is a desirable bonus! You'll also find a bright kitchen with an adjacent dining room, and a rear patio opening to a yard facing the pond. With a superb location and an ideal layout, this home is waiting for its renovation debut. Bring your contractor and your imaginationthis could be an absolute stunner! MAXIMUM POTENTIAL! Offer deadline FRIDAY 10/24 by 6:00 pm **CASH ONLY

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