1605 7th Avenue NEQuincyWA98848
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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 1605 7th Avenue NE, Quincy, WA, 98848 listed at $466,000 pairs $2,940/mo rent with a $2,281/mo payment to leave $139/mo cash flow. Total monthly income runs $2,940/mo, and annual cash flow reaches $1,664/yr on $154,479 cash to close. Return on cash invested measures 20.99% in year one, and rental yield registers 7.57% at a $466,000 basis. Equity gained on principal adds $3,007/yr, and annual property appreciation at 5% supports $128,747 by year five. Five-year ROI tracks 108.39% and total cumulative return in cash totals $167,437. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,940/mo property income relative to a $2,281/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
7,801 sqft 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: Jessie "Weno" Dominguez • Imagine Realty Grp ERA Powered
Mls Name: NWMLS
Mls ID: #2457658