6401 151st St NWGig HarborWA98332
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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 6401 151st St NW, Gig Harbor, WA, 98332 offers a 7.07% rental yield on a $592,700 purchase with $3,491/mo rent. 62% in year one. Equity gained on principal adds $3,825/yr while 5% annual appreciation supports $163,752 over five years. Portfolio math shows five-year ROI at 101.03% and total cumulative return in cash at $197,016. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,491/mo property income against a $2,901/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A 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
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A