102 E Gibler LaneSheltonWA98584
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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 102 E Gibler Lane, Shelton, WA, 98584 generates $4,736/mo in rent, after a $5,090/mo payment. Total monthly income is $4,736/mo. Return on cash invested sits at 14.97% in year one, and rental yield is 5.46% on a $1,040,000 entry. Equity gained on principal adds $6,711/yr, while 5% annual appreciation builds toward $287,333 over five years. Five-year ROI reaches 76.04% and total cumulative return in cash sums $256,222. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,736/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
0.27 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: Keith Fuller • Windermere RE/Himlie
Mls Name: NWMLS
Mls ID: #2406414