7400 Stinson Avenue #149Gig 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 7400 Stinson Avenue #149, Gig Harbor, WA, 98335 generates $3,028/mo in rent, after a $2,780/mo payment. Total monthly income is $3,028/mo. Return on cash invested sits at 14.09% in year one, and rental yield is 6.4% on a $568,000 entry. Equity gained on principal adds $3,665/yr, while 5% annual appreciation builds toward $156,928 over five years. Five-year ROI reaches 72.62% and total cumulative return in cash sums $135,705. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,028/mo property income rather than buyer’s personal income.
Condo
Built in 1975
3,920 sqft lot
$N/A/sqft
$544 monthly HOA
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
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Listed by: Spencer Hutchins • Keller Williams West Sound
Mls Name: NWMLS
Mls Provider:
Mls ID: #2445942
Disclaimer: Based on information submitted to the MLS GRID as of 2025-12-15 04:59:02 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)