9604 Ridgeway Dr, Gig Harbor, WA, 98332 | 3.55% Rental Yield

Off market

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

Investment property for sale in Gig Harbor at 9604 Ridgeway Dr, Gig Harbor, WA, 98332 listed at $1,163,700 pairs $3,443/mo rent with a $5,696/mo payment. Total monthly income runs $3,443/mo. Return on cash invested measures 9.06% in year one, and rental yield registers 3.55% at a $1,163,700 basis. Equity gained on principal adds $7,509/yr, and annual property appreciation at 5% supports $321,509 by year five. Five-year ROI tracks 44.35% and total cumulative return in cash totals $167,211. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,443/mo property income relative to a $5,696/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1989

10,149 sqft 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