4 Blitzen 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
Rental property for sale in Shelton at 4 Blitzen Lane, Shelton, WA, 98584 priced at $219,950 converts $1,529/mo rent into $206/mo cash flow after a $1,077/mo obligation. Total monthly income equals $1,529/mo, and annual cash flow totals $2,477/yr on $72,913 invested. Return on cash invested prints 23.31% in year one, and rental yield reads 8.34% against a $219,950 entry. Equity gained on principal adds $1,419/yr, while 5% annual appreciation compiles into $60,768 by year five. Five-year ROI reaches 120.88% and total cumulative return in cash sums $88,135. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,529/mo property income covering a $1,077/mo payment, not borrower’s personal income.
Manufactured
Built in 1990
N/A 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: Sharon Dolan • M4 Real Estate Group
Mls Name: NWMLS
Mls ID: #2456616