7824 NE Loowit Loop #70VancouverWA98662
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 7824 NE Loowit Loop #70, Vancouver, WA, 98662 listed at $304,900 pairs $2,225/mo rent with a $1,492/mo payment to leave $393/mo cash flow. Total monthly income runs $2,225/mo, and annual cash flow reaches $4,710/yr on $101,074 cash to close. Return on cash invested measures 24.57% in year one, and rental yield registers 8.76% at a $304,900 basis. Equity gained on principal adds $1,967/yr, and annual property appreciation at 5% supports $84,238 by year five. Five-year ROI tracks 127.61% and total cumulative return in cash totals $128,978. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,225/mo property income relative to a $1,492/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1981
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kristin Autry • Washington First Properties
Mls Name: NWMLS
Mls ID: #2410773