51 Huckleberry LaneForksWA98331
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 51 Huckleberry Lane, Forks, WA, 98331 offers $2,599/mo rent that, after a $1,835/mo payment, leaves $345/mo cash flow. Total monthly income is $2,599/mo, and annual cash flow is $4,143/yr on $124,313 cash. Return on cash invested measures 23.24% in year one, and rental yield stands at 8.32% at a $375,000 entry. Equity gained on principal adds $2,420/yr while 5% annual appreciation compounds into $103,606 by year five. Five-year ROI records 120.5% and total cumulative return in cash reaches $149,799. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,599/mo property income versus a $1,835/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
0.39 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: Erin Queen • Forks Avenue Real Estate
Mls Name: NWMLS
Mls ID: #2407564