7702 54th Avenue NWGig 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 7702 54th Avenue NW, Gig Harbor, WA, 98335 generates $3,364/mo in rent and, after a $1,958/mo payment, leaves $959/mo in cash flow. Total monthly income is $3,364/mo, and annual cash flow is $11,512/yr on $132,600 invested. Return on cash invested sits at 28.59% in year one, and rental yield is 10.09% on a $400,000 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation builds toward $110,513 over five years. Five-year ROI reaches 149.19% and total cumulative return in cash sums $197,824. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,364/mo property income rather than buyer’s personal income.
Manufactured
Built in 1981
0.29 Acres lot
$N/A/sqft
No 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: Kevin J Mitchell • Coldwell Banker Bain
Mls Name: NWMLS
Mls ID: #2436160