12912 62nd Ave NW #B-5Gig 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 12912 62nd Ave NW #B-5, Gig Harbor, WA, 98332 listed at $330,600 pairs $2,593/mo rent with a $1,618/mo payment to leave $575/mo cash flow. Total monthly income runs $2,593/mo, and annual cash flow reaches $6,896/yr on $109,594 cash to close. Return on cash invested measures 26.2% in year one, and rental yield registers 9.41% at a $330,600 basis. Equity gained on principal adds $2,133/yr, and annual property appreciation at 5% supports $91,339 by year five. Five-year ROI tracks 136.49% and total cumulative return in cash totals $149,587. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,593/mo property income relative to a $1,618/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1978
5,133 sqft 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: N/A • N/A
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