7808 NE 62nd 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 7808 NE 62nd St, Vancouver, WA, 98662 earns $331/mo cash flow from $2,663/mo rent with a $1,899/mo payment. Total monthly income totals $2,663/mo, and annual cash flow totals $3,969/yr on $128,622 capital. ROI tracks 22.99% on current figures, and rental yield reads 8.24% at a $388,000 purchase. Equity gained on principal adds $2,504/yr, and 5% annual appreciation supports $107,197 over five years. Five-year ROI reaches 119.16% and total cumulative return in cash sums $153,268. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,663/mo property income instead of your personal income.
Single Family
Built in 2006
1,742 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: Dan Beirne • Opendoor Brokerage LLC
Mls Name: RMLS (OR)
Mls ID: #176926112