191 Forest Ridge DrivePackwoodWA98361
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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
Rental property for sale in Packwood at 191 Forest Ridge Drive, Packwood, WA, 98361 priced at $679,000 pairs $0/mo rent with after a $3,323/mo payment. Total monthly income equals $0/mo. Return on cash invested is -1.86% in year one, and rental yield stands at 0% on a $679,000 basis. Equity gained on principal adds $4,381/yr, and 5% annual appreciation accumulates to $187,595 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $0/mo property income against a $3,323/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2011
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98361, Packwood, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,300 (100%) |
| Owner Occupied HU | 423 (32.5%) |
| Renter Occupied HU | 94 ( 7.2%) |
| Vacant Housing Units | 783 (60.2%) |
| Median Home Value | $263,660 |
| Average Home Value | $313,593 |
Housing Distribution
Address Breakdown
Residential
283
Single Family
274
Multi-Family
9
Businesses
69
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No similar rental properties found nearby.
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Listed by: Tracy Croshaw • Pacific Trail Realty
Mls Name: NWMLS
Mls ID: #2406842