








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Gig Harbor at 5312 Canterwood Drive NW, Gig Harbor, WA, 98332 listed at $1,500,000 pairs $5,936/mo rent with a $7,342/mo payment. Total monthly income runs $5,936/mo. Return on cash invested measures 12.76% in year one, and rental yield registers 4.75% at a $1,500,000 basis. Equity gained on principal adds $9,679/yr, and annual property appreciation at 5% supports $414,422 by year five. Five-year ROI tracks 64.18% and total cumulative return in cash totals $311,903. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,936/mo property income relative to a $7,342/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1987
0.53 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: Dan Marks • John L. Scott, Inc.
Mls Name: NWMLS
Mls ID: #2388721