14816 121st Street 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
Rental property for sale in Gig Harbor at 14816 121st Street NW, Gig Harbor, WA, 98329 generates $3,070/mo in rent, after a $2,577/mo payment. Total monthly income is $3,070/mo. Return on cash invested sits at 19.4% in year one, and rental yield is 7% on a $526,500 entry. Equity gained on principal adds $3,397/yr, while 5% annual appreciation builds toward $145,462 over five years. Five-year ROI reaches 99.88% and total cumulative return in cash sums $173,016. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,070/mo property income rather than buyer’s personal income.
Single Family
Built in 1994
1.29 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: John V. Siridakis • Windermere RE West Campus Inc
Mls Name: NWMLS
Mls Provider:
Mls ID: #2360084
Disclaimer: Based on information submitted to the MLS GRID as of 2025-11-03 03:34:37 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)