0 Oil City RoadForksWA98331
Nearby investment properties with comparable rents
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 Forks at 0 Oil City Road, Forks, WA, 98331 priced at $120,000 converts $1,586/mo rent into $836/mo cash flow after a $587/mo obligation. Total monthly income equals $1,586/mo, and annual cash flow totals $10,030/yr on $39,780 invested. Return on cash invested prints 45.12% in year one, and rental yield reads 15.86% against a $120,000 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation compiles into $33,154 by year five. Five-year ROI reaches 238.15% and total cumulative return in cash sums $94,735. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,586/mo property income covering a $587/mo payment, not borrower’s personal income.
Single Family
Built in 2013
9,147 sqft lot
$N/A/sqft
$350 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98331, Forks, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,683 (100%) |
| Owner Occupied HU | 1,581 (58.9%) |
| Renter Occupied HU | 750 (28.0%) |
| Vacant Housing Units | 352 (13.1%) |
| Median Home Value | $321,831 |
| Average Home Value | $376,040 |
Housing Distribution
Address Breakdown
Residential
1,472
Single Family
1,345
Multi-Family
127
Businesses
195
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Nearby investment properties with comparable prices
Listed by: Rachel Breed • Ideal Real Estate
Mls Name: NWMLS
Mls Provider:
Mls ID: #2361765
Disclaimer: Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2025. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. 2025 NWMLS. All rights are reserved. Disclaimer: The information contained in this listing has not been verified by Zillow, Inc. and should be verified by the buyer. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#39)