23648 Cliffe Pointe Road NW #10CQuincyWA98848
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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 23648 Cliffe Pointe Road NW #10C, Quincy, WA, 98848 offers a 3.17% rental yield on a $624,950 purchase with $1,652/mo rent. 78% in year one. Equity gained on principal adds $4,033/yr while 5% annual appreciation supports $172,662 over five years. Portfolio math shows five-year ROI at 37.53% and total cumulative return in cash at $77,169. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,652/mo property income against a $3,059/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2018
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: Stephanie C. Hart • Unlock Seattle Real Estate LLC
Mls Name: NWMLS
Mls ID: #2396177