Vancouver, WA — Rental Investment Analysis

🔴WEAK— appreciation play only

Cap Rate

3.5%

Below average

Monthly Cash Flow

-$1,255

After all expenses

Price-to-Rent

15.9

Overpriced for rent

DSCR

0.54

Fails

📊 Key Metrics

Median Home Price: $492,629
Average Rent (3BR): $2,690/mo
Price-to-Rent Ratio: 15.9(high)
1% Rule: 0.52%(fails — need 1%+)
Cash-on-Cash Return: -12.7%
Vacancy Rate: 8.0%

📈 Market Strength

Unemployment Rate: 5.2%(+0.9% vs national)
Rent Growth (YoY): +2.9%(national avg)
Population Growth: +2% YoY

Assumptions Used

20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance

Customize these numbers →

Property Tax Rate

0.87%

of assessed value (WA avg)

Median Income

$82,228

household (WA avg)

Rent-to-Income

39.3%

Stretched

Section 8 Max Rent

$2,690/mo

3BR voucher payment

🏛️ WA Investor Climate

Landlord Friendly

5/10

State Income Tax

✅ None

Property Tax

0.87% effective

Population Trend

+2% (3yr)

🏘️ Best Zip Codes in Vancouver for Investors

98684

Cap Rate: 4.5%Cash Flow: -$761/mo$492,629

98662

Cap Rate: 4.4%Cash Flow: -$807/mo$484,713

98664

Cap Rate: 3.8%Cash Flow: -$1,021/mo$478,824

All Zip Codes in Vancouver

Zip	Cap Rate	Cash Flow	Home Price	Rent (3BR)	DSCR
98684	4.5%	-$761	$492,629	$3,120/mo	0.71
98662	4.4%	-$807	$484,713	$3,000/mo	0.69
98664	3.8%	-$1,021	$478,824	$2,690/mo	0.60
98685	3.8%	-$1,299	$596,695	$3,320/mo	0.59
98663	3.5%	-$1,130	$477,996	$2,550/mo	0.56
98661	3.5%	-$1,118	$459,116	$2,410/mo	0.54
98682	3.4%	-$1,255	$503,843	$2,610/mo	0.53
98686	3.3%	-$1,526	$595,079	$3,030/mo	0.52
98665	3.2%	-$1,319	$503,506	$2,530/mo	0.51
98683	3.2%	-$1,507	$564,366	$2,800/mo	0.50
98660	3.1%	-$1,276	$471,705	$2,320/mo	0.49