11310 (Lot 48) 112th St LoopGig HarborWA98332
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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
Rental property for sale in Gig Harbor at 11310 (Lot 48) 112th St Loop, Gig Harbor, WA, 98332 generates $3,535/mo in rent, after a $5,139/mo payment. Total monthly income is $3,535/mo. Return on cash invested sits at 10.22% in year one, and rental yield is 4.04% on a $1,050,000 entry. Equity gained on principal adds $6,775/yr, while 5% annual appreciation builds toward $290,096 over five years. Five-year ROI reaches 50.7% and total cumulative return in cash sums $172,469. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,535/mo property income rather than buyer’s personal income.
Single Family
Built in 2026
6,969 sqft lot
$N/A/sqft
$1,200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98332, Gig Harbor, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,496 (100%) |
| Owner Occupied HU | 6,688 (78.7%) |
| Renter Occupied HU | 1,364 (16.1%) |
| Vacant Housing Units | 444 ( 5.2%) |
| Median Home Value | $755,562 |
| Average Home Value | $845,262 |
Housing Distribution
Address Breakdown
Residential
8,094
Single Family
7,778
Multi-Family
316
Businesses
310
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Listed by: Cynthia Marchand • Windermere Prof Partners
Mls Name: NWMLS
Mls Provider:
Mls ID: #2461645
Disclaimer: Based on information submitted to the MLS GRID as of 2025-12-30 17:44:03 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)