428 Minnie Peterson RoadForksWA98331
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 428 Minnie Peterson Road, Forks, WA, 98331 priced at $1,490,000 pairs $3,772/mo rent with after a $7,293/mo payment. Total monthly income equals $3,772/mo. Return on cash invested is 7.48% in year one, and rental yield stands at 3.04% on a $1,490,000 basis. Equity gained on principal adds $9,615/yr, and 5% annual appreciation accumulates to $411,660 by year five. Five-year ROI measures 35.87% and total cumulative return in cash reaches $173,164. For financing, Ziffy Mortgage’s DSCR program evaluates $3,772/mo property income against a $7,293/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2008
9.91 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sergei Holmquist • Ideal Real Estate
Mls Name: NWMLS
Mls Provider:
Mls ID: #2267839
Disclaimer: Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2024. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. 2024 NWMLS. All rights are reserved. Disclaimer: The information contained in this listing has not been verified by Zillow, Inc. and should be verified by the buyer. Some IDX listings have been excluded from this website.