13420 146th Avenue 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 13420 146th Avenue NW, Gig Harbor, WA, 98329 offers a 8.56% rental yield on a $420,995 purchase with $3,004/mo rent. Total monthly income registers $3,004/mo, and a $2,061/mo payment leaves $473/mo available for distribution. Annual cash flow reaches $5,675/yr on $139,560 to close, and return on cash invested stands at 23.98% in year one. Equity gained on principal adds $2,717/yr while 5% annual appreciation supports $116,313 over five years. Portfolio math shows five-year ROI at 124.41% and total cumulative return in cash at $173,623. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,004/mo property income against a $2,061/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2017
0.29 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: Anneliese Larsen • Real Broker LLC
Mls Name: NWMLS
Mls ID: #2428394