280 E Wood LaneSheltonWA98584
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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
Investment property for sale in Shelton at 280 E Wood Lane, Shelton, WA, 98584 earns $275/mo cash flow from $1,297/mo rent with a $832/mo payment. Total monthly income totals $1,297/mo, and annual cash flow totals $3,303/yr on $56,338 capital. ROI tracks 25.77% on current figures, and rental yield reads 9.16% at a $169,950 purchase. Equity gained on principal adds $1,097/yr, and 5% annual appreciation supports $46,954 over five years. Five-year ROI reaches 134.09% and total cumulative return in cash sums $75,545. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,297/mo property income instead of your personal income.
Manufactured
Built in 1983
7,405 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
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Listed by: Bernadette Schuster • eXp Realty
Mls Name: NWMLS
Mls ID: #2437060