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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Shelton at 397 E Pointes Drive E, Shelton, WA, 98584 offers $4,271/mo rent that, after a $4,405/mo payment. Total monthly income is $4,271/mo. Return on cash invested measures 14.97% in year one, and rental yield stands at 5.69% at a $900,000 entry. Equity gained on principal adds $5,808/yr while 5% annual appreciation compounds into $248,653 by year five. Five-year ROI records 76.27% and total cumulative return in cash reaches $225,828. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,271/mo property income versus a $4,405/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2000
6,534 sqft lot
$N/A/sqft
$348 quarterly 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 |
|---|---|---|
| 2025-08-28 | Sold | $900,000 |
| 2025-07-29 | Pending sale | $950,000 |
| 2025-06-09 | Price change | $950,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2014-10-27 | $3189.04 | 5.96% | $323,035 | 4.05% |
| 2013-10-27 | $3009.61 | N/A | $310,475 | -1.33% |
| 2012-10-27 | $3009.61 | 8.52% | $314,665 | 0.00% |
Listed by: Andrew Farmer • Keller Williams Realty
Mls Name: NWMLS
Mls Provider:
Mls ID: #2374690
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-27 04:30:07 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)
