1723 Plan, HillstadGig HarborWA98335
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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 1723 Plan, Hillstad, Gig Harbor, WA, 98335 priced at $1,224,990 converts $3,240/mo rent into after a $5,996/mo obligation. Total monthly income equals $3,240/mo. Return on cash invested prints 7.9% in year one, and rental yield reads 3.17% against a $1,224,990 entry. Equity gained on principal adds $7,905/yr, while 5% annual appreciation compiles into $338,442 by year five. Five-year ROI reaches 38.12% and total cumulative return in cash sums $151,305. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,240/mo property income covering a $5,996/mo payment, not borrower’s personal income.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98335, Gig Harbor, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,627 (100%) |
| Owner Occupied HU | 8,408 (72.3%) |
| Renter Occupied HU | 2,620 (22.5%) |
| Vacant Housing Units | 599 ( 5.2%) |
| Median Home Value | $799,902 |
| Average Home Value | $898,738 |
Housing Distribution
Address Breakdown
Residential
11,751
Single Family
10,718
Multi-Family
1,033
Businesses
1,540
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Listed by: Hannah Ehrenheim - Hillstad • RM Homes
Mls Name: RM Homes
Mls Provider:
Mls ID: #N/A