6802 87th 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 6802 87th St NW, Gig Harbor, WA, 98332 earns from $3,307/mo rent with a $1,067/mo payment. Total monthly income totals $3,307/mo. ROI tracks 2.64% on current figures, and rental yield reads 18.2% at a $218,100 purchase. Equity gained on principal adds $1,407/yr, and 5% annual appreciation supports $60,257 over five years. Five-year ROI reaches 28.32% and total cumulative return in cash sums $20,475. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,307/mo property income instead of your personal income.
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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Listed by: N/A • N/A
Mls Name: Engel & Volkers
Mls Provider:
Mls ID: #2261591