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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Shelton at 121 E Connemara Way, Shelton, WA, 98584 uses $148,844 cash to close to unlock $4,519/yr annual cash flow and $377/mo monthly cash flow. Total monthly income runs $3,196/mo, and a $2,198/mo payment keeps the spread at $377/mo. Purchase price stands at $449,000, and rental yield measures 8.54% with $3,196/mo rent. Return on cash invested shows 22.95% in year one, and 5% annual appreciation builds toward $124,050 over five years. Five-year ROI reaches 119.24% and total cumulative return in cash records $177,484. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,196/mo property income covering a $2,198/mo payment rather than investor’s personal income.
Single Family
Built in 2006
0.41 Acres lot
$N/A/sqft
$120 monthly HOA
Neighborhood data shown for ZIP Code: 98584, Shelton, WA area.
| 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 |
Residential
15,359
Single Family
15,021
Multi-Family
338
Businesses
1,016
Date | Event | Price |
|---|---|---|
| 2025-08-22 | Sold | $449,000 |
| 2025-07-22 | Pending sale | $449,000 |
| 2025-05-27 | Price change | $449,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-19 | $3477.66 | -18.01% | $533,365 | 4.21% |
| 2023-10-19 | $4241.66 | -7.64% | $511,800 | 30.64% |
| 2022-10-19 | $4592.44 | 19.03% | $391,750 | 12.65% |
Listed by: Jeanette Paulus • Windermere RE West Sound Inc.
Mls Name: NWMLS
Mls Provider:
Mls ID: #2364970
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, 2025. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. 2025 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. [Click here for more information](/mls-disclaimers/#39)
