8015 NE 61st 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 8015 NE 61st St, Vancouver, WA, 98662 earns $106/mo cash flow from $3,094/mo rent with a $2,433/mo payment. Total monthly income totals $3,094/mo, and annual cash flow totals $1,272/yr on $164,756 capital. ROI tracks 20.68% on current figures, and rental yield reads 7.47% at a $497,000 purchase. Equity gained on principal adds $3,207/yr, and 5% annual appreciation supports $137,312 over five years. Five-year ROI reaches 106.76% and total cumulative return in cash sums $175,898. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,094/mo property income instead of your personal income.
Single Family
Built in 2007
3,049 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: Candace Carnegie • RE/MAX Equity Group
Mls Name: RMLS (OR)
Mls ID: #619126149