1150 N Bogachiel Way NForksWA98331
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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 Forks at 1150 N Bogachiel Way N, Forks, WA, 98331 uses $114,368 cash to close to unlock $7,653/yr annual cash flow and $638/mo monthly cash flow. Total monthly income runs $2,712/mo, and a $1,689/mo payment keeps the spread at $638/mo. Purchase price stands at $345,000, and rental yield measures 9.43% with $2,712/mo rent. Return on cash invested shows 26.6% in year one, and 5% annual appreciation builds toward $95,317 over five years. Five-year ROI reaches 138.49% and total cumulative return in cash records $158,392. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,712/mo property income covering a $1,689/mo payment rather than investor’s personal income.
Single Family
Built in 1971
0.48 Acres lot
$N/A/sqft
No 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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Listed by: Joseph Soha • Lunsford RE & Property Mgmt
Mls Name: NWMLS
Mls ID: #2439469