12221 58th AvenueGig 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
Investment property for sale in Gig Harbor at 12221 58th Avenue, Gig Harbor, WA, 98332 listed at $999,000 pairs $4,278/mo rent with a $4,890/mo payment. Total monthly income runs $4,278/mo. Return on cash invested measures 13.75% in year one, and rental yield registers 5.14% at a $999,000 basis. Equity gained on principal adds $6,446/yr, and annual property appreciation at 5% supports $276,005 by year five. Five-year ROI tracks 69.56% and total cumulative return in cash totals $228,638. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,278/mo property income relative to a $4,890/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2014
N/A lot
$N/A/sqft
No 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: Whitney Johnsen • Hawkins Poe
Mls Name: NWMLS
Mls ID: #2450802