701 Columbia StVancouverWA98660
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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 701 Columbia St, Vancouver, WA, 98660 offers a 8.29% rental yield on a $249,000 purchase with $1,720/mo rent. Total monthly income registers $1,720/mo, and a $1,219/mo payment leaves $223/mo available for distribution. Annual cash flow reaches $2,675/yr on $82,544 to close, and return on cash invested stands at 23.15% in year one. Equity gained on principal adds $1,607/yr while 5% annual appreciation supports $68,794 over five years. Portfolio math shows five-year ROI at 119.99% and total cumulative return in cash at $99,044. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,720/mo property income against a $1,219/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2004
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: Brenda Wilson • eXp Realty, LLC
Mls Name: RMLS (OR)
Mls ID: #172130230