481 E Leeds, Shelton, WA, 98584 | 4.83% Rental Yield

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Monthly Cash Flow: 1 - 3k+

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481 E Leeds, Shelton, WA, 98584 | 4.83% Rental Yield | 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 481 E Leeds, Shelton, WA, 98584 offers $4,830/mo rent that, after a $5,873/mo payment. Total monthly income is $4,830/mo. Return on cash invested measures 13.01% in year one, and rental yield stands at 4.83% at a $1,199,950 entry. Equity gained on principal adds $7,743/yr while 5% annual appreciation compounds into $331,524 by year five. Five-year ROI records 65.54% and total cumulative return in cash reaches $254,828. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,830/mo property income versus a $5,873/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 2006

3.52 Acres lot

$N/A/sqft

No HOA

More details about the property

Discover a rare slice of the Pacific Northwest on 3.5+ acres of low-bank waterfront along scenic Hammersley Inlet. Southern exposure and a sandy beach set the stage for unforgettable sunsets, shellfish harvesting, water sports, and occasional orca sightings. This one-of-a-kind property is perfect for multi-generational living or as a serene year-round retreat. Enter the main floor great room with kitchenette, indoor pool including warm radiant floors. Upstairs a chefs kitchen with high-end appliances, primary suite, and a view deck overlooking the water. Thoughtfully designed for flexible living, with RV drive-thru shop and ample parking. A lifestyle property like no otherpeaceful, playful, entertaining and poised for making memories!

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