13607 97th 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 13607 97th Avenue NW, Gig Harbor, WA, 98329 earns $235/mo cash flow from $3,600/mo rent with a $2,740/mo payment. Total monthly income totals $3,600/mo, and annual cash flow totals $2,817/yr on $184,207 capital. ROI tracks 21.59% on current figures, and rental yield reads 7.72% at a $559,900 purchase. Equity gained on principal adds $3,613/yr, and 5% annual appreciation supports $154,690 over five years. Five-year ROI reaches 111.58% and total cumulative return in cash sums $205,534. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,600/mo property income instead of your personal income.
Single Family
Built in 1980
0.42 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: Leslie A. Newman • RE/MAX All City
Mls Name: NWMLS
Mls ID: #2457771