4918 85th 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 4918 85th Avenue NW, Gig Harbor, WA, 98335 generates $3,240/mo in rent, after a $6,828/mo payment. Total monthly income is $3,240/mo. Return on cash invested sits at 6.42% in year one, and rental yield is 2.79% on a $1,395,000 entry. Equity gained on principal adds $9,002/yr, while 5% annual appreciation builds toward $385,413 over five years. Five-year ROI reaches 30.3% and total cumulative return in cash sums $136,942. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,240/mo property income rather than buyer’s personal income.
Single Family
Built in 2001
1.12 Acres lot
$N/A/sqft
$600 annually 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 |
|---|---|---|
| 2025-09-10 | Listed for sale | $1,395,000 |
| 2016-05-27 | Sold | $725,000 |
| 2012-07-11 | Sold | $575,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-11 | $12407.89 | 0.66% | $1,329,100 | 2.03% |
| 2023-10-11 | $12326.89 | 12.20% | $1,302,600 | 5.63% |
| 2022-10-11 | $10986.05 | 9.12% | $1,233,200 | 22.16% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 2001
- Architectural Style: N/A
- Building Area: 3,954
- Living Area: 3,954 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Fireplace, Forced Air, Heat Pump, Electric, Natural Gas
- Cooling: Heat Pump
- Flooring: Bamboo/Cork, Ceramic Tile, Hardwood, Carpet
- Interior Features: Bath Off Primary, Central Vacuum, Ceiling Fan(s), Dining Room, High Tech Cabling, Walk-In Pantry
- Exterior Features: N/A
- Parking Features: Driveway, Attached Garage, Off Street, RV Parking
Location
- City: Gig Harbor
- State: WA
- Subdivision: Artondale
- Lot Size: 1.12 Acres
- Lot Features: Dead End Street, Paved, Athletic Court, Cable TV, Fenced-Fully, Gas Available, High Speed Internet, Hot Tub/Spa, Patio, RV Parking, Sprinkler System
- View: Territorial
HOA & Fees
- HOA Fee: $600 annually
- Association Fee: $600 annually
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: Xfinity, Xfinity
- Sewer: Septic Tank, Company: Septic
- Water Source: Community, Company: Private Well Managed by HOA
- Road Surface Type: N/A
School Information
- Elementary School: Buyer To Verify
- Middle School: Buyer To Verify
- High School: Buyer To Verify
Listed by: Paige Miller • Hawkins Poe
Mls Name: NWMLS
Mls Provider:
Mls ID: #2430702
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, 2025. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. 2025 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. [Click here for more information](/mls-disclaimers/#39)