9921 148th Avenue NWGig HarborWA98329
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
Total monthly income runs $3,108/mo, and a $3,371/mo payment. Purchase price stands at $688,800, and rental yield measures 5.41% with $3,108/mo rent. Return on cash invested shows 14.59% in year one, and 5% annual appreciation builds toward $190,303 over five years. Five-year ROI reaches 74.07% and total cumulative return in cash records $167,859. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,108/mo property income covering a $3,371/mo payment rather than investor’s personal income.
Single Family
Built in 1976
3.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98329, Gig Harbor, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,516 (100%) |
| Owner Occupied HU | 3,709 (82.1%) |
| Renter Occupied HU | 569 (12.6%) |
| Vacant Housing Units | 238 ( 5.3%) |
| Median Home Value | $652,869 |
| Average Home Value | $704,374 |
Housing Distribution
Address Breakdown
Residential
3,989
Single Family
3,989
Multi-Family
0
Businesses
41
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Elisa Pierce • Engel & Voelkers Chambers Bay
Mls Name: NWMLS
Mls ID: #2463598