9532 NW Ridgeview Drive #36QuincyWA98848
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 9532 NW Ridgeview Drive #36, Quincy, WA, 98848 in Quincy: $2,158/mo in rent, $777/mo net, 11.82% gross yield, all on a $219,000 acquisition. The 2.08 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $60,506 in value, and $1,836/yr in principal paydown steadily builds equity. Projected total cumulative return: $132,956.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 11.8% | 6.2% |
| Monthly Cash Flow | $777 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,158 |
| Total Monthly Debt Service | $1,283 |
| DSCR Ratio | 1.68x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2016
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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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
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Listed by: N/A • N/A
Mls Name: NWMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #2571883
