14815 14th Avenue NWGig 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
Total monthly income runs $4,550/mo, and a $7,317/mo payment. Purchase price stands at $1,495,000, and rental yield measures 3.65% with $4,550/mo rent. Return on cash invested shows 9.38% in year one, and 5% annual appreciation builds toward $413,041 over five years. Five-year ROI reaches 46.04% and total cumulative return in cash records $222,997. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,550/mo property income covering a $7,317/mo payment rather than investor’s personal income.
Single Family
Built in 1994
0.58 Acres 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: J Michael Drake • Coldwell Banker Danforth
Mls Name: NWMLS
Mls ID: #2463703