381 Trillium AvenueForksWA98331
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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 381 Trillium Avenue, Forks, WA, 98331 generates $2,899/mo in rent and, after a $1,463/mo payment, leaves $1,102/mo in cash flow. Total monthly income is $2,899/mo, and annual cash flow is $13,225/yr on $99,119 invested. Return on cash invested sits at 33.25% in year one, and rental yield is 11.63% on a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 174.19% and total cumulative return in cash sums $172,654. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,899/mo property income rather than buyer’s personal income.
Single Family
Built in 1929
0.60 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: Amy Dilley • Forks Avenue Real Estate
Mls Name: NWMLS
Mls ID: #2382563