218 SW 3rd AvenueQuincyWA98848
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 218 SW 3rd Avenue, Quincy, WA, 98848 earns from $1,746/mo rent with a $1,713/mo payment. Total monthly income totals $1,746/mo. ROI tracks 16.21% on current figures, and rental yield reads 5.99% at a $350,000 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 over five years. Five-year ROI reaches 82.79% and total cumulative return in cash sums $96,062. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,746/mo property income instead of your personal income.
Single Family
Built in 1951
8,398 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Trevor King • Nick McLean Real Estate Group
Mls Name: NWMLS
Mls ID: #2435651