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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% |
Investment property for sale in Gig Harbor at 2021 59th Avenue NW, Gig Harbor, WA, 98335 offers a 5.99% rental yield on a $649,000 purchase with $3,240/mo rent. 34% in year one. Equity gained on principal adds $4,188/yr while 5% annual appreciation supports $179,307 over five years. Portfolio math shows five-year ROI at 83.45% and total cumulative return in cash at $178,188. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,240/mo property income against a $3,177/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1986
0.40 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Linda Helm • Windermere Prof Partners
Mls Name: NWMLS
Mls ID: #2444357
