2741 E Timberlake Drive WSheltonWA98584
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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
Investment Highlights
Rental property for sale in Shelton at 2741 E Timberlake Drive W, Shelton, WA, 98584 generates $2,447/mo in rent and, after a $1,542/mo payment, leaves $553/mo in cash flow. Total monthly income is $2,447/mo, and annual cash flow is $6,639/yr on $104,423 invested. Return on cash invested sits at 26.27% in year one, and rental yield is 9.32% on a $315,000 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 136.73% and total cumulative return in cash sums $142,781. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,447/mo property income rather than buyer’s personal income.
Manufactured
Built in 1984
0.25 Acres 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
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Listed by: Melissa Kay Lawson • John L. Scott, Inc
Mls Name: NWMLS
Mls ID: #2392330