2238 W Railroad Avenue, Shelton, WA, 98584 | $16/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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2238 W Railroad Avenue, Shelton, WA, 98584 | $16/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Shelton at 2238 W Railroad Avenue, Shelton, WA, 98584 earns $16/mo cash flow from $2,330/mo rent with a $1,884/mo payment. Total monthly income totals $2,330/mo, and annual cash flow totals $193/yr on $127,628 capital. ROI tracks 20.06% on current figures, and rental yield reads 7.26% at a $385,000 purchase. Equity gained on principal adds $2,484/yr, and 5% annual appreciation supports $106,368 over five years. Five-year ROI reaches 103.45% and total cumulative return in cash sums $132,034. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,330/mo property income instead of your personal income.

Single Family

Built in 1940

0.84 Acres lot

$N/A/sqft

No HOA

More details about the property

Just outside the city limits and seconds from Hwy 101, this prime-location charmer offers the perfect blend of convenience, comfort, and space! Thoughtfully situated on an oversized 0.84-acre lot, this 3-bedroom, 1-bath home is ready for its next chapter. Inside, youll find spacious living areas with plenty of room to relax and entertain, plus the comfort of central A/C to keep you cool year-round. Outside, a brand-new paver gazebo area sets the scene for hosting backyard get-togethers or enjoying quiet evenings under the stars. The oversized detached garage is ideal for extra parking, a workshop, or additional storage. With its unbeatable location, generous lot size, and inviting charm, this property is a must-see!

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