0 SR 302 NWGig HarborWA98329
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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 Gig Harbor at 0 SR 302 NW, Gig Harbor, WA, 98329 with 5% annual appreciation on a $121,000 basis while $2,813/mo rent supports operations. Total monthly income totals $2,813/mo and a $592/mo payment preserves $2,086/mo for cash returns. Annual cash flow comes to $25,031/yr on $40,112 deployed, and return on cash invested reaches 82.31% in year one. Equity gained on principal adds $781/yr, and five-year appreciation sums $33,430 alongside rental yield of 27.9%. Five-year ROI measures 437.22% and total cumulative return in cash totals $175,377.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,813/mo property income versus a $592/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Lot
Built in N/A
1.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98329, Gig Harbor, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,516 (100%) |
| Owner Occupied HU | 3,709 (82.1%) |
| Renter Occupied HU | 569 (12.6%) |
| Vacant Housing Units | 238 ( 5.3%) |
| Median Home Value | $652,869 |
| Average Home Value | $704,374 |
Housing Distribution
Address Breakdown
Residential
3,989
Single Family
3,989
Multi-Family
0
Businesses
41
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Listed by: Bonnie Daybell • Windermere Prof Partners
Mls Name: NWMLS
Mls Provider:
Mls ID: #2169997
Disclaimer: Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2024. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. 2024 NWMLS. All rights are reserved. Disclaimer: The information contained in this listing has not been verified by Zillow, Inc. and should be verified by the buyer. Some IDX listings have been excluded from this website.