722 718 W Franklin Street, Shelton, WA, 98584 | $1,311/mo Cash Flow

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722 718 W Franklin Street, Shelton, WA, 98584 | $1,311/mo Cash Flow | Ziffy

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Rental Income

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

Investment property for sale in Shelton at 722 718 W Franklin Street, Shelton, WA, 98584 uses $91,494 cash to close to unlock $15,730/yr annual cash flow and $1,311/mo monthly cash flow. Total monthly income runs $2,970/mo, and a $1,351/mo payment keeps the spread at $1,311/mo. Purchase price stands at $275,999, and rental yield measures 12.91% with $2,970/mo rent. Return on cash invested shows 37.1% in year one, and 5% annual appreciation builds toward $76,253 over five years. Five-year ROI reaches 194.81% and total cumulative return in cash records $178,237. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,970/mo property income covering a $1,351/mo payment rather than investor’s personal income.

Single Family

Built in 1975

6,098 sqft lot

$N/A/sqft

No HOA

More details about the property

Two Homes, One Lot! Great opportunity! Property includes two separate homes: one is a 2 bed/1 bath, the other a 1 bed/1 bath. Perfect for multi-generational living, rental income, or adding to your investment portfolio. Both homes are quaint with tons of potentialjust need a little love to shine. Conveniently located in Shelton near parks, lakes, and only a short drive to the Pacific Ocean. Current rents are under market, so theres room to grow! Whether youre looking to expand your investment portfolio or create a comfortable setup for multi-generational living, this property is filled with possibilities!

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