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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Gig Harbor at 1802 26th St. Ct. NW, Gig Harbor, WA, 98335 generates $3,373/mo in rent, after a $3,668/mo payment. Total monthly income is $3,373/mo. Return on cash invested sits at 12.12% in year one, and rental yield is 5.4% on a $749,500 entry. Equity gained on principal adds $4,836/yr, while 5% annual appreciation builds toward $207,073 over five years. Five-year ROI reaches 61.69% and total cumulative return in cash sums $152,129. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,373/mo property income rather than buyer’s personal income.
Condo
Built in 1998
N/A lot
$N/A/sqft
$500 monthly HOA
Neighborhood data shown for ZIP Code: 98335, Gig Harbor, WA area.
| 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 |
Residential
11,751
Single Family
10,718
Multi-Family
1,033
Businesses
1,540
Date | Event | Price |
|---|---|---|
| 2024-10-06 | Price change | $749,500 |
| 2024-09-13 | Listed for sale | $765,000 |
| 2001-06-13 | Sold | $229,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-14 | $1561.91 | -71.35% | $238,280 | -60.87% |
| 2022-10-14 | $5450.80 | 1.62% | $609,000 | 13.66% |
| 2021-10-14 | $5363.65 | 9.60% | $535,800 | 23.03% |
Listed by: Randy Knapp • Paramount Real Estate Group
Mls Name: NWMLS
Mls Provider:
Mls ID: #2289661
Disclaimer: Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2024. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. 2024 NWMLS. All rights are reserved. Disclaimer: The information contained in this listing has not been verified by Zillow, Inc. and should be verified by the buyer. Some IDX listings have been excluded from this website.
