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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 4615 131st Street Ct NW, Gig Harbor, WA, 98332 generates $4,873/mo in rent, after a $5,873/mo payment. Total monthly income is $4,873/mo. Return on cash invested sits at 13.15% in year one, and rental yield is 4.87% on a $1,200,000 entry. Equity gained on principal adds $7,743/yr, while 5% annual appreciation builds toward $331,538 over five years. Five-year ROI reaches 66.24% and total cumulative return in cash sums $257,555. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,873/mo property income rather than buyer’s personal income.
Single Family
Built in 1990
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 98332, Gig Harbor, WA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,496 (100%) |
| Owner Occupied HU | 6,688 (78.7%) |
| Renter Occupied HU | 1,364 (16.1%) |
| Vacant Housing Units | 444 ( 5.2%) |
| Median Home Value | $755,562 |
| Average Home Value | $845,262 |
Residential
8,094
Single Family
7,778
Multi-Family
316
Businesses
310
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: Stephen D. Heuer • Homes of Washington
Mls Name: NWMLS
Mls ID: #2418696
