16918 134th Street NW, Gig Harbor, WA, 98329 | 6.2% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Gig Harbor at 16918 134th Street NW, Gig Harbor, WA, 98329 listed at $750,000 pairs $3,875/mo rent with a $3,671/mo payment. Total monthly income runs $3,875/mo. Return on cash invested measures 16.98% in year one, and rental yield registers 6.2% at a $750,000 basis. Equity gained on principal adds $4,840/yr, and annual property appreciation at 5% supports $207,211 by year five. Five-year ROI tracks 86.87% and total cumulative return in cash totals $214,350. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,875/mo property income relative to a $3,671/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2000

5.31 Acres lot

$N/A/sqft

No HOA

More details about the property

Rare rambler on 5+ partially cleared acres. Tucked behind a barrier of lush trees. Features high vaulted ceilings. Completely remodeled with a brand new kitchen, new stainless steel appliances, a pot filler, and an in-island microwave.High-end Cali floors, new paint, and baseboards throughout. Brand new roof, water heater, and updated furnace with A/C. 3-bedroom house with a 4-bedroom septic leaves room to expand. The whole house is wired for a generator and has fiber-optic internet. Secluded, yet in a coveted school district and close to the Highway and shopping. Must see! This won't last!

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