3414 75th Avenue NWGig 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 3414 75th Avenue NW, Gig Harbor, WA, 98335 generates $4,260/mo in rent, after a $4,160/mo payment. Total monthly income is $4,260/mo. Return on cash invested sits at 16.37% in year one, and rental yield is 6.01% on a $850,000 entry. Equity gained on principal adds $5,485/yr, while 5% annual appreciation builds toward $234,839 over five years. Five-year ROI reaches 83.6% and total cumulative return in cash sums $233,782. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,260/mo property income rather than buyer’s personal income.
Single Family
Built in 1973
2.07 Acres lot
$N/A/sqft
No HOA
More details about the property
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
Price History
Date | Event | Price |
|---|---|---|
| 2025-06-04 | Sold | $850,000 |
| 2025-05-18 | Pending sale | $749,950 |
| 2025-05-15 | Listed for sale | $749,950 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-28 | $7276.70 | 3.59% | $773,100 | 5.07% |
| 2023-10-28 | $7024.85 | 5.48% | $735,800 | -0.73% |
| 2022-10-28 | $6659.67 | 9.64% | $741,200 | 22.84% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1973
- Architectural Style: Northwest Contemporary
- Building Area: 2,818
- Living Area: 2,818 sqft
- Property Condition: Very Good
Features & Amenities
- Heating: Fireplace, Forced Air, Electric, Natural Gas
- Cooling: None
- Flooring: Laminate, Vinyl, Carpet
- Interior Features: Central Vacuum, Dining Room
- Exterior Features: N/A
- Parking Features: Attached Carport, Driveway, Detached Garage, RV Parking
Location
- City: Gig Harbor
- State: WA
- Subdivision: Artondale
- Lot Size: 2.07 Acres
- Lot Features: Corner Lot, Paved, Secluded, Cable TV, Deck, Gas Available, High Speed Internet, RV Parking
- View: N/A
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: Xfinity, Xfinity
- Sewer: Septic Tank, Company: Septic
- Water Source: Public, Company: Washington Water Service
- Road Surface Type: N/A
School Information
- Elementary School: Artondale Elem
- Middle School: Kopachuck Mid
- High School: Gig Harbor High
Listed by: Julia Runyan • RE/MAX Exclusive
Mls Name: NWMLS
Mls Provider:
Mls ID: #2374629
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-28 04:14:41 PDT. 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)