Best ZIP Codes for Cash Flow in Shelton, WA (2026)
Ranked by cap rate — the annual return on the purchase price before financing. ZIPs that also clear the 1% rule are marked.
| # | ZIP | City | Home value | Rent | Cap rate | 5-yr growth |
|---|---|---|---|---|---|---|
| 1 | 98528 | Belfair, WA | $493,858 | $2,134 | 3.37% | 2.3% |
| 2 | 98584 | Shelton, WA | $430,237 | $1,590 | 2.88% | 2.4% |
| 3 | 98548 | Hoodsport, WA | $358,560 | $1,215 | 2.64% | 3.2% |
| 4 | 98555 | Lilliwaup, WA | $377,280 | $1,215 | 2.51% | 1.6% |
| 5 | 98588 | Tahuya, WA | $444,382 | $1,341 | 2.35% | 2.7% |
| 6 | 98592 | Shelton, WA | $526,448 | $1,206 | 1.79% | 2.9% |
| 7 | 98524 | Allyn, WA | $542,993 | $1,188 | 1.71% | 2.4% |
| 8 | 98546 | Grapeview, WA | $635,234 | $1,206 | 1.48% | 3.0% |
Ranked from Repit’s own ZIP-level data — Zillow home values and rents, HUD fair-market rents where Zillow has no coverage, and U.S. Census vacancy. Cap rate is gross: annual rent over purchase price, before financing and expenses. Every ZIP above links to its full free page. How we calculate this →
Same metro, different strategy
Or see the full Shelton, WA metro profile.