








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 8201 87th Street Ct NW, Gig Harbor, WA, 98332 offers a 4.53% rental yield on a $1,550,000 purchase with $5,849/mo rent. 08% in year one. Equity gained on principal adds $10,002/yr while 5% annual appreciation supports $428,236 over five years. Portfolio math shows five-year ROI at 60.55% and total cumulative return in cash at $304,069. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,849/mo property income against a $7,586/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
0.78 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 |
|---|---|---|
| 2025-09-26 | Sold | $1,550,000 |
| 2025-07-27 | Pending sale | $1,450,000 |
| 2025-07-25 | Listed for sale | $1,450,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-27 | $3531.39 | 61.85% | $244,300 | 6.40% |
| 2023-10-27 | $2181.89 | 6.27% | $229,600 | N/A |
| 2022-10-27 | $2053.12 | 11.53% | $229,600 | 24.99% |



Listed by: Falynn Auston • Neighborhood Experts Real Est.
Mls Name: NWMLS
Mls Provider:
Mls ID: #2412192
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-26 21:39:28 PDT. 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)