8219 Goodman Dr NWGig HarborWA98332
Nearby investment properties with comparable rents
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
Rental property for sale in Gig Harbor at 8219 Goodman Dr NW, Gig Harbor, WA, 98332 priced at $1,685,000 pairs $5,528/mo rent with after a $8,247/mo payment. Total monthly income equals $5,528/mo. Return on cash invested is 10.26% in year one, and rental yield stands at 3.94% on a $1,685,000 basis. Equity gained on principal adds $10,873/yr, and 5% annual appreciation accumulates to $465,534 by year five. Five-year ROI measures 50.75% and total cumulative return in cash reaches $277,070. For financing, Ziffy Mortgage’s DSCR program evaluates $5,528/mo property income against a $8,247/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2000
0.56 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shayne Turgeon • Realogics Sotheby's International Realty
Mls Name: Realogics Sothebys International Realty
Mls ID: #2367996