1928 Stevens StreetSheltonWA98584
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
Investment property for sale in Shelton at 1928 Stevens Street, Shelton, WA, 98584 offers a 9.16% rental yield on a $199,999 purchase with $1,526/mo rent. Total monthly income registers $1,526/mo, and a $979/mo payment leaves $324/mo available for distribution. Annual cash flow reaches $3,884/yr on $66,300 to close, and return on cash invested stands at 25.77% in year one. Equity gained on principal adds $1,291/yr while 5% annual appreciation supports $55,256 over five years. Portfolio math shows five-year ROI at 134.04% and total cumulative return in cash at $88,868. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,526/mo property income against a $979/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1938
2,178 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joan Taie • Great Northwest Real Estate
Mls Name: NWMLS
Mls ID: #2426974