519 K Street 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
Rental property for sale in Quincy at 519 K Street NE, Quincy, WA, 98848 priced at $395,000 pairs $2,653/mo rent with $279/mo cash flow after a $1,933/mo payment. Total monthly income equals $2,653/mo, and annual cash flow comes to $3,347/yr on $130,943 invested. Return on cash invested is 22.47% in year one, and rental yield stands at 8.06% on a $395,000 basis. Equity gained on principal adds $2,549/yr, and 5% annual appreciation accumulates to $109,131 by year five. Five-year ROI measures 116.3% and total cumulative return in cash reaches $152,286. For financing, Ziffy Mortgage’s DSCR program evaluates $2,653/mo property income against a $1,933/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2020
8,672 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: Deina Seiber • Windermere Real Estate/NCW
Mls Name: NWMLS
Mls ID: #2448808