7411 NE 59th StVancouverWA98662
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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 7411 NE 59th St, Vancouver, WA, 98662 offers a 9.13% rental yield on a $425,000 purchase with $3,234/mo rent. Total monthly income registers $3,234/mo, and a $2,080/mo payment leaves $679/mo available for distribution. Annual cash flow reaches $8,153/yr on $140,888 to close, and return on cash invested stands at 25.7% in year one. Equity gained on principal adds $2,742/yr while 5% annual appreciation supports $117,420 over five years. Portfolio math shows five-year ROI at 133.65% and total cumulative return in cash at $188,297. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,234/mo property income against a $2,080/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2008
2,613 sqft 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: Alexander Phan • Keller Williams Realty Professionals
Mls Name: RMLS (OR)
Mls ID: #228582649