803 L St NEQuincyWA98848
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Nearby investment properties with comparable prices
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 803 L St NE, Quincy, WA, 98848 priced at $427,000 converts $2,940/mo rent into $373/mo cash flow after a $2,090/mo obligation. Total monthly income equals $2,940/mo, and annual cash flow totals $4,478/yr on $141,551 invested. Return on cash invested prints 23.07% in year one, and rental yield reads 8.26% against a $427,000 entry. Equity gained on principal adds $2,755/yr, while 5% annual appreciation compiles into $117,972 by year five. Five-year ROI reaches 119.6% and total cumulative return in cash sums $169,293. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,940/mo property income covering a $2,090/mo payment, not borrower’s personal income.
Single Family
Built in 2025
8,003 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: N/A • Aho Construction
Mls Name: Aho Construction
Mls Provider:
Mls ID: #N/A