1221 Merchants RoadForksWA98331
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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 1221 Merchants Road, Forks, WA, 98331 listed at $170,000 pairs $1,427/mo rent with a $832/mo payment to leave $405/mo cash flow. Total monthly income runs $1,427/mo, and annual cash flow reaches $4,862/yr on $56,355 cash to close. Return on cash invested measures 28.54% in year one, and rental yield registers 10.07% at a $170,000 basis. Equity gained on principal adds $1,097/yr, and annual property appreciation at 5% supports $46,968 by year five. Five-year ROI tracks 148.96% and total cumulative return in cash totals $83,949. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,427/mo property income relative to a $832/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1972
1.15 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: Rachel Breed • Ideal Real Estate
Mls Name: NWMLS
Mls ID: #2402735