802 NW 5th CircleCamasWA98607
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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
Rental property for sale in Camas at 802 NW 5th Circle, Camas, WA, 98607 offers $3,118/mo rent that, after a $2,202/mo payment, leaves $414/mo cash flow. Total monthly income is $3,118/mo, and annual cash flow is $4,963/yr on $149,142 cash. Return on cash invested measures 23.24% in year one, and rental yield stands at 8.32% at a $449,900 entry. Equity gained on principal adds $2,903/yr while 5% annual appreciation compounds into $124,299 by year five. Five-year ROI records 120.46% and total cumulative return in cash reaches $179,650. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,118/mo property income versus a $2,202/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1925
0.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98607, Camas, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,154 (100%) |
| Owner Occupied HU | 10,232 (72.3%) |
| Renter Occupied HU | 3,271 (23.1%) |
| Vacant Housing Units | 651 ( 4.6%) |
| Median Home Value | $739,166 |
| Average Home Value | $812,766 |
Housing Distribution
Address Breakdown
Residential
13,604
Single Family
12,462
Multi-Family
1,142
Businesses
766
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Listed by: Susan Wood • John L. Scott, Inc.
Mls Name: NWMLS
Mls ID: #2447030