307 W H Street, Shelton, WA, 98584 | $516/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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307 W H Street, Shelton, WA, 98584 | $516/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

Rental property for sale in Shelton at 307 W H Street, Shelton, WA, 98584 generates $3,455/mo in rent and, after a $2,393/mo payment, leaves $516/mo in cash flow. Total monthly income is $3,455/mo, and annual cash flow is $6,191/yr on $162,104 invested. Return on cash invested sits at 23.73% in year one, and rental yield is 8.48% on a $489,000 entry. Equity gained on principal adds $3,155/yr, while 5% annual appreciation builds toward $135,102 over five years. Five-year ROI reaches 123.08% and total cumulative return in cash sums $199,522. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,455/mo property income rather than buyer’s personal income.

Single Family

Built in 1961

8,712 sqft lot

$N/A/sqft

No HOA

More details about the property

Spacious 4 +bedrooms, 3-bath home in Sheltons desirable Mt. View area! With 3,008 sq. ft., this versatile property offers an upper level featuring 3 bedrooms, 2 baths, a cozy fireplace, and a large deck perfect for relaxing or entertaining. The oversized garage connects to a shop with an oil change station and bonus room. The lower level, with its own entrance, includes 1 bedroom plus extra room, bath, additional bonus room, rec room with fireplace, and walk-out patio to a fully fenced yard. Plenty of space for multi-generational living, hobbies, or guests. Conveniently located near shopping, hospital, and Hwy 101 for easy commuting.

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