23592 Gorge View Loop NWQuincyWA98848
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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 23592 Gorge View Loop NW, Quincy, WA, 98848 offers a 2.21% rental yield on a $1,075,950 purchase with $1,980/mo rent. 92% in year one. Equity gained on principal adds $6,943/yr while 5% annual appreciation supports $297,265 over five years. Portfolio math shows five-year ROI at 22.14% and total cumulative return in cash at $77,189. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,980/mo property income against a $5,266/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
4,386 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: Carrie Haymond • Coldwell Banker Bain
Mls Name: NWMLS
Mls ID: #2459169