2261 E Phillips Lake Loop Road, Shelton, WA, 98584 | $503/mo Cash Flow

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2261 E Phillips Lake Loop Road, Shelton, WA, 98584 | $503/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 2261 E Phillips Lake Loop Road, Shelton, WA, 98584 listed at $400,000 pairs $2,908/mo rent with a $1,958/mo payment to leave $503/mo cash flow. Total monthly income runs $2,908/mo, and annual cash flow reaches $6,040/yr on $132,600 cash to close. Return on cash invested measures 24.46% in year one, and rental yield registers 8.72% at a $400,000 basis. Equity gained on principal adds $2,581/yr, and annual property appreciation at 5% supports $110,513 by year five. Five-year ROI tracks 127.05% and total cumulative return in cash totals $168,472. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,908/mo property income relative to a $1,958/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2006

1 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to this charming 3-bedroom, 2-bath rambler on a spacious 1-acre lot in the desirable Phillips Lake subdivision! The open-concept kitchen, dining, & living areas create a warm, connected space perfect for everyday living or gathering with friends. The primary suite offers comfort with its own bath and walk-in closet. Step outside to a peaceful backyard retreat, wrapped in natural greenery and dotted with fruit trees. There's room for a garden, play space or pets to roam-and the fireplace makes it easy to enjoy evenings under the stars. A circular driveway and attached garage add convenience, while community beach access and a shared boat launch make this home ideal for lake living at it's best!

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