704 N 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
Investment property for sale in Quincy at 704 N Street NE, Quincy, WA, 98848 offers a 8.48% rental yield on a $415,900 purchase with $2,940/mo rent. Total monthly income registers $2,940/mo, and a $2,036/mo payment leaves $440/mo available for distribution. Annual cash flow reaches $5,275/yr on $137,871 to close, and return on cash invested stands at 23.74% in year one. Equity gained on principal adds $2,684/yr while 5% annual appreciation supports $114,906 over five years. Portfolio math shows five-year ROI at 123.14% and total cumulative return in cash at $169,768. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,940/mo property income against a $2,036/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
8,999 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: Jessie "Weno" Dominguez • Imagine Realty Grp ERA Powered
Mls Name: NWMLS
Mls ID: #2457634