8303 Shirley Avenue, Gig Harbor, WA, 98332 | 3.58% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Gig Harbor at 8303 Shirley Avenue, Gig Harbor, WA, 98332 generates $4,106/mo in rent, after a $6,730/mo payment. Total monthly income is $4,106/mo. Return on cash invested sits at 9.17% in year one, and rental yield is 3.58% on a $1,375,000 entry. Equity gained on principal adds $8,873/yr, while 5% annual appreciation builds toward $379,887 over five years. Five-year ROI reaches 44.9% and total cumulative return in cash sums $200,010. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,106/mo property income rather than buyer’s personal income.

Single Family

Built in 1957

0.43 Acres lot

$N/A/sqft

No HOA

More details about the property

Located on coveted Shirley Ave, this estate-like 3-bed, 2-bath rambler is tucked behind evergreens and lush mature landscaping. This legacy property offers rare privacy & sweeping, jaw-dropping views of Mount Rainier, sailboats, sunrises, sunsets and the sparkling Gig Harbor waterfront. A peaceful driveway wrapped in tall trees leads to wide-open vistas and cozy coastal living. Inside, enjoy granite counters, a vaulted primary suite, and a spa-like 5-piece bath with soaking tub. This property is just steps from the Cushman Trail and an easy stroll to the iconic walkable coastal village of Gig Harbor, where visitors flock to quaint shops, pubs & cafs. Walk to grab coffee, meet old friends & simply soak up the Harbor charmits pure delight.

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