234 SE E stForksWA98331
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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 Forks at 234 SE E st, Forks, WA, 98331 generates $2,158/mo in rent, after a $2,198/mo payment. Total monthly income is $2,158/mo. Return on cash invested sits at 15.54% in year one, and rental yield is 5.77% on a $449,000 entry. Equity gained on principal adds $2,897/yr, while 5% annual appreciation builds toward $124,050 over five years. Five-year ROI reaches 79.21% and total cumulative return in cash sums $117,904. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,158/mo property income rather than buyer’s personal income.
Manufactured
Built in 1995
1 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: Cheyanne Shere • PRO RLTYSRVCS Eastside
Mls Name: NWMLS
Mls ID: #2416595