460 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
Rental property for sale in Shelton at 460 E Wood Lane, Shelton, WA, 98584 generates $1,607/mo in rent and, after a $901/mo payment, leaves $501/mo in cash flow. Total monthly income is $1,607/mo, and annual cash flow is $6,006/yr on $60,996 invested. Return on cash invested sits at 29.76% in year one, and rental yield is 10.48% on a $184,000 entry. Equity gained on principal adds $1,187/yr, while 5% annual appreciation builds toward $50,836 over five years. Five-year ROI reaches 155.44% and total cumulative return in cash sums $94,813. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,607/mo property income rather than buyer’s personal income.
Manufactured
Built in 1985
8,276 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: John Mize • CENTURY 21 Real Estate Center
Mls Name: NWMLS
Mls ID: #2434388