513 K St SWQuincyWA98848
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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 513 K St SW, Quincy, WA, 98848 listed at $345,000 pairs $2,784/mo rent with a $1,689/mo payment to leave $710/mo cash flow. Total monthly income runs $2,784/mo, and annual cash flow reaches $8,517/yr on $114,368 cash to close. Return on cash invested measures 27.36% in year one, and rental yield registers 9.68% at a $345,000 basis. Equity gained on principal adds $2,226/yr, and annual property appreciation at 5% supports $95,317 by year five. Five-year ROI tracks 142.54% and total cumulative return in cash totals $163,024. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,784/mo property income relative to a $1,689/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1949
8,563 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: Daja Mayfield • WindermereRE/Central Basin LLC
Mls Name: NWMLS
Mls ID: #2378295