3815 56th Street Ct 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
Investment property for sale in Gig Harbor at 3815 56th Street Ct NW, Gig Harbor, WA, 98335 earns $495/mo cash flow from $4,535/mo rent with a $3,230/mo payment. Total monthly income totals $4,535/mo, and annual cash flow totals $5,938/yr on $217,140 capital. ROI tracks 22.8% on current figures, and rental yield reads 8.25% at a $660,000 purchase. Equity gained on principal adds $4,259/yr, and 5% annual appreciation supports $182,346 over five years. Five-year ROI reaches 118.19% and total cumulative return in cash sums $256,641. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,535/mo property income instead of your personal income.
Single Family
Built in 1979
0.29 Acres 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: Julie L. Anderson • Hawkins Poe
Mls Name: NWMLS
Mls Provider:
Mls ID: #2394049
Disclaimer: Based on information submitted to the MLS GRID as of 2025-11-01 21:24:46 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)