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300 SW 7th Ave #704
B- Composite 65.48
Why this score? — see what drove the B- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +30.0/30.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • Schools +5.0/10.0
  • Livability +4.5/5.0
  • Rent growth +3.5/5.0
  • Condition / age +2.5/5.0
  • ARV discount +0.0/15.0
  • Appreciation +0.0/10.0

$145,000

300 SW 7th Ave #704 · Battle Ground, WA 98604
3 bd · 2.0 ba · 1,296 sqft · Manufactured public records · 279 Days on market
Built 2017 $112/sqft · 45% above area Est $100k · 45% over

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Discover this affordable opportunity for a modern, active lifestyle in a premier 55+ community. This beautifully maintained 3BR/2BA, 2017 built double-wide manufactured home has 1296sqft of living space. The wide open floor plan offers lots of natural light, spacious room layouts, a very functional kitchen with additional cabinetry and built-ins for extra storage as well as updated appliances. The primary suite has a private bath and spacious closet. There is beautiful stained cabinetrythroughout, a dining room, eating nook, separate laundry room (washer and dryer included) and 2 additional guest rooms. A low-maintenance yard design limits yard work while still maintaining a large outdoor patio area and small yard. There are two additional storage sheds on the property for personal items as well as garden accessories. Situated in a highly desirable Battle Ground community, this home offers the ideal combination of space, modern amenities, and a friendly neighborhood environment just minutes to shopping and daily needs. Community amenities include a sport/pickle ball court, fire pit, raised garden beds, pool table, library/book exchange and community center.

Key facts

  • Large outdoor patio
  • Community center
  • Private bath

Tags

MODERN AMENITIESPRIVATE BATHLARGE OUTDOOR PATIOSTORAGE SHEDSCOMMUNITY CENTER

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath manufactured listed at $145k.

Deal economics

  • At list price, monthly cash flow is $857 ($10k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $145k).
  • Recommended offer: $128k (12.0% below list) — sets the bar for market timing.
  • Cap rate 13.4% vs local median 2.8% in Battle Ground — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

  • Location reads 90/100 on livability (#3 in WA, #93 nationally) — a professional / high-income tenant draw. Strengths: crime A+, amenities A+, employment A+; Watch: cost of living D-.
  • Battle Ground School District (suburban): math 48% / reading 60% proficiency, ranked #92 of 291 in WA (top 32%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
  • Market conditions: Rents rising fast (+4.0%/yr); 459 active listings in the ZIP; 16 comparable units currently listed for rent nearby; rentals leasing fast (median 3d on market — plan ~1-2 weeks tenant-placement turnaround); high-income renter base; 3,547 units permitted in Clark County in 2024 (1,361 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
  • Clark County population projected at +29% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • At projected returns (-3.0% appreciation + 4.0% rent growth), your $41k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 279 days — a 12% lower offer ($128k) is reasonable based on typical stale-listing flexibility.
  • 4 sale attempts since 28y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
  • Current owner paid $6k; list at $145k implies a 2317% gain — meaningful room to come down on a strong offer.
Recommended offer $127,600 (12.0% below list)

Questions for the listing agent

  1. It's been on market 279 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
  5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
1.54%
Cap rate
13.38%
Cash-on-cash
25.33%
DSCR
2.13
GRM
5.4

CMA / ARV

ARV (median comp)
$100,204
List price
$145,000
Delta
44.71%
Verdict
OVERPRICED
Comps
8 within 1.0 mi
Show comp detail 6 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
300 SW 7th Ave #705 0.00mi 3/2.0 1,296 (0%) 22mo $134,500 $104 82
300 SW 7th Ave #607 0.00mi 3/2.0 1,344 (+4%) 22mo $149,000 $111 75
300 SW 7th Ave #127 0.00mi 3/2.0 1,120 (-14%) 5mo $100,000 $89 73
300 SW 7th Ave #811 0.00mi 3/2.0 1,392 (+7%) 22mo $60,000 $43 69
300 SW 7th Ave #812 0.12mi 3/2.0 1,200 (-7%) 20mo $84,900 $71 66
407 NE 3rd St 0.64mi 3/2.0 1,230 (-5%) 21mo $350,000 $285 44

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 4.0% rent growth · sell at horizon

5-year hold
IRR
19.9%
Equity multiple
1.82×
Total profit
$33,320
Equity at exit
$21,620
10-year hold
IRR
28.8%
Equity multiple
3.68×
Total profit
$108,678
Equity at exit
$12,537

Cash invested: $40,600 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
28 Tenant-Leaning
State Washington
28 Tenant-Leaning · D+8
County
— inherits STATE
City
— inherits STATE
Just-cause statewide (2021); Seattle layers rent control restrictions + relocation assistance; very tenant-friendly.

ZIP-level market 98604

Rents YoY
4.0%
Active inventory
459
Price-to-rent
5.4×

Monthly cashflow live

Estimated rent
$2,231 high interval (Pro) →
Mortgage (P&I)
$760
Tax from tax record
$85 /mo · $1,020/yr
Insurance
$60
HOA
$0
Vacancy / Maint / Mgmt
$469
Net cashflow
$857

Break-even live

Break-even rent $1,147
Max offer price $145,000
Occupancy floor 57%

Sensitivity live

Price -10% $939 -5% $898 +0% $857 +5% $816 +10% $775
Rent -10% $681 -5% $769 +0% $857 +5% $945 +10% $1,033
Rate -1.0pp $930 -0.5pp $894 base $857 +0.5pp $819 +1.0pp $781

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$36,250
Closing costs
$4,350
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 16 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
413 SW 6th Cir Battle Ground, WA 4.0 2.0 1794 $3,000 $1.67 44d 1 0.17mi
405 SW 1st St Unit M Battle Ground, WA 2.0 1.0 900 $1,195 $1.33 24d 1 0.17mi
415 SW 20th Ave Battle Ground, WA 1.0–2.0 1.0 888 $1,650 $1.86 2d 4 0.68mi
1511 SW 13th Ave Battle Ground, WA 1.0–3.0 1.0–2.0 882 $2,095 $2.37 2d 9 0.70mi
117 NE Clark Ave Battle Ground, WA 1.0–2.0 1.0 603 $1,548 $2.57 2d 4 0.74mi
808 SE 4th St Unit 02 Battle Ground, WA 3.0 1.5 1107 $1,750 $1.58 13d 1 0.76mi
808 SE 4th St Unit 02 Battle Ground, WA 3.0 1.5 1107 $1,750 $1.58 15d 1 0.76mi
1105 N Parkway Ave Battle Ground, WA 3.0 2.0 1384 $2,500 $1.81 3d 1 0.84mi
611 NW 20th Ave Battle Ground, WA 1.0–2.0 1.0 824 $1,607 $1.95 2d 3 0.84mi
821 SE 11th Pl Battle Ground, WA 2.0 2.5 1479 $2,050 $1.39 2d 1 0.93mi
1215 SE 5th St Battle Ground, WA 3.0 2.5 1496 $2,425 $1.62 44d 1 0.93mi
1200 SE 7th St Battle Ground, WA 3.0 2.5 1754 $2,395 $1.37 2d 1 0.93mi
2301 SW 5th Pl Battle Ground, WA 3.0 2.5 1450 $2,595 $1.79 3d 1 0.97mi
724 NE 14th Way Battle Ground, WA 3.0 2.5 1688 $2,650 $1.57 18d 1 1.18mi
406 SW 32nd St Battle Ground, WA 3.0 2.5 1722 $2,350 $1.36 24d 1 1.41mi
917 SW 31st St Battle Ground, WA 1.0–2.0 1.0–2.0 913 $2,336 $2.56 2d 12 1.48mi

Listing history 22 events

  1. 2026-06-18
    days on market $145,000 Active 279 DOM
  2. 2026-06-17
    days on market $145,000 Active 278 DOM
  3. 2026-06-16
    days on market $145,000 Active 277 DOM
  4. 2026-06-15
    days on market $145,000 Active 276 DOM
  5. 2026-06-13
    days on market $145,000 Active 274 DOM
  6. 2026-06-09
    days on market $145,000 Active 270 DOM
  7. 2026-06-08
    days on market $145,000 Active 269 DOM
  8. 2026-06-07
    days on market $145,000 Active 268 DOM
  9. 2026-06-03
    days on market $145,000 Active 264 DOM
  10. 2026-06-02
    days on market $145,000 Active 263 DOM
  11. 2026-06-01
    days on market $145,000 Active 262 DOM
  12. 2026-05-31
    days on market $145,000 Active 261 DOM
  13. 2026-02-11
    price $145,000 1180-char remark
    Show marketing remark (1180 chars)

    Discover this affordable opportunity for a modern, active lifestyle in a premier 55+ community. This beautifully maintained 3BR/2BA, 2017 built double-wide manufactured home has 1296sqft of living space. The wide open floor plan offers lots of natural light, spacious room layouts, a very functional kitchen with additional cabinetry and built-ins for extra storage as well as updated appliances. The primary suite has a private bath and spacious closet. There is beautiful stained cabinetrythroughout, a dining room, eating nook, separate laundry room (washer and dryer included) and 2 additional guest rooms. A low-maintenance yard design limits yard work while still maintaining a large outdoor patio area and small yard. There are two additional storage sheds on the property for personal items as well as garden accessories. Situated in a highly desirable Battle Ground community, this home offers the ideal combination of space, modern amenities, and a friendly neighborhood environment just minutes to shopping and daily needs. Community amenities include a sport/pickle ball court, fire pit, raised garden beds, pool table, library/book exchange and community center.

  14. 2025-09-12
    listed $152,500 Active 1180-char remark
    Show marketing remark (1180 chars)

    Discover this affordable opportunity for a modern, active lifestyle in a premier 55+ community. This beautifully maintained 3BR/2BA, 2017 built double-wide manufactured home has 1296sqft of living space. The wide open floor plan offers lots of natural light, spacious room layouts, a very functional kitchen with additional cabinetry and built-ins for extra storage as well as updated appliances. The primary suite has a private bath and spacious closet. There is beautiful stained cabinetrythroughout, a dining room, eating nook, separate laundry room (washer and dryer included) and 2 additional guest rooms. A low-maintenance yard design limits yard work while still maintaining a large outdoor patio area and small yard. There are two additional storage sheds on the property for personal items as well as garden accessories. Situated in a highly desirable Battle Ground community, this home offers the ideal combination of space, modern amenities, and a friendly neighborhood environment just minutes to shopping and daily needs. Community amenities include a sport/pickle ball court, fire pit, raised garden beds, pool table, library/book exchange and community center.

  15. 2008-02-26
    soldstatus $6,000
  16. 2008-02-22
    soldstatus $6,000 180-char remark
    Show marketing remark (180 chars)

    1978 Marlette, fenced yard, handicap accessible, completely PUD weatherized. Well kept and low price for living space! Dishwasher, range, washer and dryer all stay. 8X10 tool shed.

  17. 2008-02-01
    historical
  18. 2008-01-15
    historical 180-char remark
    Show marketing remark (180 chars)

    1978 Marlette, fenced yard, handicap accessible, completely PUD weatherized. Well kept and low price for living space! Dishwasher, range, washer and dryer all stay. 8X10 tool shed.

  19. 2007-11-27
    listed $9,500 180-char remark
    Show marketing remark (180 chars)

    1978 Marlette, fenced yard, handicap accessible, completely PUD weatherized. Well kept and low price for living space! Dishwasher, range, washer and dryer all stay. 8X10 tool shed.

  20. 2007-11-27
    listed $9,500
    Show marketing remark (180 chars)

    1978 Marlette, fenced yard, handicap accessible, completely PUD weatherized. Well kept and low price for living space! Dishwasher, range, washer and dryer all stay. 8X10 tool shed.

  21. 1998-06-30
    soldstatus $16,500
  22. 1998-03-27
    listed $16,500

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast WA · Resets to sale price

Current annual tax
$1,020 · $85/mo
Projected year-2 tax
$1,421 · $118/mo
Expected delta
+$401/yr (+$33/mo · 39.3%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$26,775
− Mortgage interest
−$8,122
− Property taxes
−$1,020
− Insurance
−$725
− Repairs & maintenance
−$2,142
− Management
−$2,142
− Depreciation
−$4,218
Taxable income
$8,405
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$2,017
After-tax cash flow
$8,265/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

District
Battle Ground School District
NCES district ID
5300380
Math proficiency
48% ▼ -1.00%
Reading proficiency
60% ▼ -1.00%
Median HH income
$69,646
Composite
49.81/100
National rank
#4201
State rank
#92 of 291 in WA

Livability — Battle Ground

Score
90/100
State rank
#3
US rank
#93

Category grades

Amenities A+ Commute B+ Cost of living D- Crime A+ Employment A+ Housing A+ Health & safety A+ User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Battle Ground, WA
County
Clark County · 513,189 people
City population
38,839
Metro
Portland-Vancouver-Hillsboro, OR-WA
Population (ZIP)
38,839
Household income
$112,448
Rent vs Own
17.6% rent · 82.4% own
Severe rent burden
485.0

Population outlook (Clark County) Hauer SSP2

Today (2025)
529,610 people
By 2030
563,242 · +6.4%
By 2040
625,905 · +18.2%
By 2050
681,558 · +28.7%
By 2075
805,967 · +52.2%
By 2100
877,450 · +65.7%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (87%)
Race & ethnicity
White 87% Two or more races 7% Hispanic / Latino 6% Asian 1%
Hispanic origin (detail)
Mexican 4%
Common ancestry
Italian 4% Portuguese 4% Subsaharan African 4%
Foreign-born
7% · Canada
Languages at home
90% English-only · Russian/Polish/Slavic 6% Spanish 3%

Political lean MEDSL · Clark

2024 margin
Lean D (+7.0) · D 52.1% · R 45.1% · Other 2.8%
2008→2024 swing
+0.9pp no change · 2008: 6.1pp · 2024: 7.0pp
All cycles
2024: D+7.0 2020: D+5.1 2016: D+0.1 2012: D+0.1 2008: D+6.1

Not yet ingested

Civics

Market trends

HPI YoY
▼ -296.15%
Current HPI
298.5364
Rent YoY
▲ 4.00%
Metro
Portland-Vancouver-Hillsboro, OR-WA
State GDP YoY
▲ 4.65%
F500 in state
22

Industry mix (Fortune 500 HQ in WA)

Industry F500 HQs Revenue

Price history

+778.8% since first listed
10 events — show timeline
  • 2026-02-11 Price Changed $145,000 RMLS
  • 2025-09-12 Listed $152,500 RMLS
  • 2008-02-26 Sold (MLS) $6,000 NWMLS as Distributed by MLS Grid
  • 2008-02-22 Sold (MLS) $6,000 RMLS
  • 2008-02-01 Delisted NWMLS as Distributed by MLS Grid
  • 2008-01-15 Delisted RMLS
  • 2007-11-27 Listed $9,500 NWMLS as Distributed by MLS Grid
  • 2007-11-27 Listed $9,500 RMLS
  • 1998-06-30 Sold (MLS) $16,500 RMLS
  • 1998-03-27 Listed $16,500 RMLS

Property tax history

+4.9%/yr

Latest (2026): $1,020 · +4.0% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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