7009 NE 74th AvenueVancouverWA98662
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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
Investment property for sale in Vancouver at 7009 NE 74th Avenue, Vancouver, WA, 98662 uses $246,750 cash to close to unlock $6,894/yr annual cash flow and $575/mo monthly cash flow. Total monthly income runs $5,083/mo, and a $3,671/mo payment keeps the spread at $575/mo. Purchase price stands at $750,000, and rental yield measures 8.13% with $5,083/mo rent. Return on cash invested shows 22.85% in year one, and 5% annual appreciation builds toward $207,211 over five years. Five-year ROI reaches 118.37% and total cumulative return in cash records $292,086. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,083/mo property income covering a $3,671/mo payment rather than investor’s personal income.
Single Family
Built in 1965
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98662, Vancouver, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,458 (100%) |
| Owner Occupied HU | 9,583 (62.0%) |
| Renter Occupied HU | 5,345 (34.6%) |
| Vacant Housing Units | 530 ( 3.4%) |
| Median Home Value | $526,969 |
| Average Home Value | $585,145 |
Housing Distribution
Address Breakdown
Residential
14,901
Single Family
13,374
Multi-Family
1,527
Businesses
905
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Listed by: Lindsey Carpenter • Keller Williams-Premier Prtnrs
Mls Name: NWMLS
Mls ID: #2472891