12106 109th Street 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
Total monthly income runs $4,954/mo, and a $5,139/mo payment. Purchase price stands at $1,050,000, and rental yield measures 5.66% with $4,954/mo rent. Return on cash invested shows 15.58% in year one, and 5% annual appreciation builds toward $290,096 over five years. Five-year ROI reaches 79.3% and total cumulative return in cash records $269,789. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,954/mo property income covering a $5,139/mo payment rather than investor’s personal income.
Single Family
Built in 2007
2.08 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: Sharon Liu • Engel & Voelkers Chambers Bay
Mls Name: NWMLS
Mls ID: #2463082