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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 SE Lupine Place, Shelton, WA, 98584 listed at $375,000 pairs $2,778/mo rent with a $1,835/mo payment to leave $407/mo cash flow. Total monthly income runs $2,778/mo, and annual cash flow reaches $4,887/yr on $124,313 cash to close. Return on cash invested measures 23.84% in year one, and rental yield registers 8.89% at a $375,000 basis. Equity gained on principal adds $2,420/yr, and annual property appreciation at 5% supports $103,606 by year five. Five-year ROI tracks 124.12% and total cumulative return in cash totals $154,299. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,778/mo property income relative to a $1,835/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2021
10,018 sqft lot
$N/A/sqft
$117 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 |
|---|---|---|
| 2025-07-18 | Sold | $375,000 |
| 2025-06-15 | Pending sale | $365,000 |
| 2025-05-27 | Price change | $365,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-25 | $2968.24 | 36.77% | $228,935 | -13.90% |
| 2023-10-25 | $2170.30 | -19.77% | $265,900 | 1002.40% |
| 2022-10-25 | $2705.08 | 881.88% | $24,120 | 9.74% |
Listed by: Jeanne Blanton • Windermere RE/Himlie
Mls Name: NWMLS
Mls Provider:
Mls ID: #2371552
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-24 23:04:33 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)
