








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 231 E Way to Tipperary Street, Shelton, WA, 98584 listed at $485,000 pairs $2,963/mo rent with a $2,374/mo payment. Total monthly income runs $2,963/mo. Return on cash invested measures 19.37% in year one, and rental yield registers 7.33% at a $485,000 basis. Equity gained on principal adds $3,130/yr, and annual property appreciation at 5% supports $133,997 by year five. Five-year ROI tracks 100.04% and total cumulative return in cash totals $160,838. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,963/mo property income relative to a $2,374/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1979
0.25 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 |
|---|---|---|
| 2025-07-01 | Sold | $485,000 |
| 2025-06-02 | Pending sale | $489,995 |
| 2025-05-31 | Price change | $489,995 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-19 | $2779.16 | -25.90% | $471,190 | 3.25% |
| 2023-10-19 | $3750.53 | -8.48% | $456,355 | 29.24% |
| 2022-10-19 | $4098.02 | 17.75% | $353,105 | 12.96% |



Listed by: Kristin Tennison • Keller Williams Rty Tacoma
Mls Name: NWMLS
Mls Provider:
Mls ID: #2362315
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)