51 E Skyline DriveSheltonWA98584
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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
Investment property for sale in Shelton at 51 E Skyline Drive, Shelton, WA, 98584 with 5% annual appreciation on a $283,000 basis while $2,207/mo rent supports operations. Total monthly income totals $2,207/mo and a $1,385/mo payment preserves $506/mo for cash returns. Annual cash flow comes to $6,072/yr on $93,815 deployed, and return on cash invested reaches 26.38% in year one. Equity gained on principal adds $1,826/yr, and five-year appreciation sums $78,188 alongside rental yield of 9.36%. Five-year ROI measures 137.3% and total cumulative return in cash totals $128,811.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,207/mo property income versus a $1,385/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1993
6,969 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: Angela K. Barnes • RE/MAX Top Executives
Mls Name: NWMLS
Mls ID: #2463328