7921 NE Loowit Loop, Vancouver, WA, 98662 | $537/mo Cash Flow

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7921 NE Loowit Loop, Vancouver, WA, 98662 | $537/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Vancouver at 7921 NE Loowit Loop, Vancouver, WA, 98662 earns $537/mo cash flow from $2,340/mo rent with a $1,468/mo payment. Total monthly income totals $2,340/mo, and annual cash flow totals $6,445/yr on $99,417 capital. ROI tracks 26.39% on current figures, and rental yield reads 9.36% at a $299,900 purchase. Equity gained on principal adds $1,935/yr, and 5% annual appreciation supports $82,857 over five years. Five-year ROI reaches 137.41% and total cumulative return in cash sums $136,612. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,340/mo property income instead of your personal income.

Townhouse

Built in 1983

N/A lot

$N/A/sqft

No HOA

More details about the property

Beautifully updated 2 bed, 2.5 bath condo in quiet desirable Indian Hills community. This 2 story unit has been tastefully remolded with stylish bamboo flooring, quartz countertops, stainless steel appliances and modern cabinetry. The main floor provides a spacious living area with a cozy fireplace insert, an inviting dining space, and a convenient laundry room with a half bath. The upper level offers a comfortable primary master bedroom with its own bathroom and exterior deck. Just down the hall past the spacious landing is a second bedroom and full bath. Enjoy access to community amenities including a pool, recreation facilities, and well-maintained common areas, all covered by the HOA. Just blocks away from shopping, restaurants and the Vancouver Mall. Easy access to SR500 and I205.

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