1000 13 Avenue SW #3QuincyWA98848
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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 Quincy at 1000 13 Avenue SW #3, Quincy, WA, 98848 offers a 9.47% rental yield on a $239,000 purchase with $1,886/mo rent. Total monthly income registers $1,886/mo, and a $1,170/mo payment leaves $449/mo available for distribution. Annual cash flow reaches $5,389/yr on $79,229 to close, and return on cash invested stands at 26.71% in year one. Equity gained on principal adds $1,542/yr while 5% annual appreciation supports $66,031 over five years. Portfolio math shows five-year ROI at 139.13% and total cumulative return in cash at $110,232. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,886/mo property income against a $1,170/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1992
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98848, Quincy, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,008 (100%) |
| Owner Occupied HU | 2,851 (47.5%) |
| Renter Occupied HU | 1,694 (28.2%) |
| Vacant Housing Units | 1,463 (24.4%) |
| Median Home Value | $405,599 |
| Average Home Value | $478,187 |
Housing Distribution
Address Breakdown
Residential
4,810
Single Family
4,790
Multi-Family
20
Businesses
391
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Listed by: Staci Faw • WindermereRE/Central Basin LLC
Mls Name: NWMLS
Mls ID: #2457566