100 E KilmarnockSheltonWA98584
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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 Shelton at 100 E Kilmarnock, Shelton, WA, 98584 priced at $185,000 converts $1,451/mo rent into $339/mo cash flow after a $905/mo obligation. Total monthly income equals $1,451/mo, and annual cash flow totals $4,073/yr on $61,328 invested. Return on cash invested prints 26.55% in year one, and rental yield reads 9.41% against a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation compiles into $51,112 by year five. Five-year ROI reaches 138.27% and total cumulative return in cash sums $84,795. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,451/mo property income covering a $905/mo payment, not borrower’s personal income.
Manufactured
Built in 1994
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98584, Shelton, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,936 (100%) |
| Owner Occupied HU | 12,036 (67.1%) |
| Renter Occupied HU | 3,532 (19.7%) |
| Vacant Housing Units | 2,368 (13.2%) |
| Median Home Value | $462,070 |
| Average Home Value | $497,220 |
Housing Distribution
Address Breakdown
Residential
15,359
Single Family
15,021
Multi-Family
338
Businesses
1,016
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Listed by: Chris Keough • Windermere RE West Sound Inc.
Mls Name: NWMLS
Mls ID: #2473347