4982 Empress StreetGig HarborWA98332
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 4982 Empress Street, Gig Harbor, WA, 98332 offers a 6.82% rental yield on a $939,950 purchase with $5,340/mo rent. 85% in year one. Equity gained on principal adds $6,065/yr while 5% annual appreciation supports $259,691 over five years. Portfolio math shows five-year ROI at 96.93% and total cumulative return in cash at $299,738. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,340/mo property income against a $4,601/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
9,753 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98332, Gig Harbor, WA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
8,094
Single Family
7,778
Multi-Family
316
Businesses
310
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Christian Harris • Real Broker LLC
Mls Name: NWMLS
Mls ID: #2434757